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<br />) I <br />10. The Debtor and Secured Party specifically request the Bank to honor and accept this Assignment <br />and its terms.. Ii <br /> <br />Executed this &day of 4 roo<, -f 1997. <br /> <br />lower Arkansas Water Management Association <br /> <br />!3y <br /> <br /> <br />A TIEST: <br /> <br />By <br /> <br /> <br />ACKNOWLEDGMENT BVVALLEY STATE BANK <br /> <br />Valley State Bank ("Bank") has received a copy of the foregoing Assignment and agrees that neither <br />the Debtor nor anyone else (except Secured Party) has any right to withdraw any funds from the <br />above-described ACcount listed above' until the Secured Party releases this agreement in writing, <br />except that, at the Debtor's request, the Bank shall allow the transfer of the annual Loan payment in <br />the amount of $7,717.52 to Secured Party and ()f any other annual payment to the Secured Party <br />requested by the Debtor. The Bank acknowledges that the Account is a special deposit and that the <br />funds deposited therein are to be used solely fot Debtor's repayment to the Secured Party of this <br />Loan and any other loans to Secured Party, and waives any right of setoff it may have in and to the <br />Account. <br /> <br />r SIGNATUR~' GU~NTEeo <br />l Y ALlEY S TATE BANK <br />A TIEr T i:G1~r.CCI\)r"do <br /> <br />r ' <br /> <br />By <br /> <br />Printed Nam b <br /> <br />Date 6 --r f) ~ l <br /> <br /> <br />Valley State Bank <br /> <br />By <br /> <br />