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<br />",:1 <br /> <br />all rights created by the Mortgage/Deed of Trust to the undersigned <br />corporation on the property above-described and the improvements <br />and water rights appurtenant thereto to the lien of the Deed of <br />Trust to be given to the State of Colorado, Department of Natural <br />Resources (Colorado Water Conservation Board). The lien to be <br />granted for the benefit of the State of Colorado shall constitute <br />a first and prior lien on the property described herein to the same <br />extent as though it were actually executed and recorded prior to <br />the Mortgage/Deed of Trust of the Farm Credit Bank, <br /> <br />10, Wamsley shall promptly apply for approval of the Bank- <br />ruptcy Court and give notice and furnish a copy of this Agreement <br />to the Trostee in Bankruptcy, Farm Credit Bank will cooperate wi th <br />Wamsleys in getting approval, of _this ..Agreement. This Agreement , <br />when approved by the Bankruptcy COurt, shall be recorded. <br /> <br />11. There are no other agreements between the parties except <br />as set forth in this Agreement. The other requirements of the Farm <br />Credit Bank in connect{on with the Wamsleys seeking approval of the <br />Bankruptcy Court and updating the status of the reorganization <br />agreement shall be in a separate written agreement between Wamsley <br />and Farm Credit Bank which addres~es those matters. <br /> <br />12. This Agreement shall be binding on the parties and their <br />successors and assigns. <br /> <br />THE WAMSLEY CATTLE COMPANY, INC. <br /> <br /> <br />7;:)!Jc. ~~ By cf)~ )D/;:$~JJ <br /> <br />Secret <br /> <br />STATE DF'COLORADO ) <br />) ss, <br />COm..'TY OF /OI'I4ter) <br /> <br />The foregoi;Jg Agreement was aCknowledged before me this L.d..!!- <br />day of /7...Jid'l< , 1993, by "t2p>u(du) u..hU1s~1 as President <br />and 1?1"',n~ E: u),fIH.5l.e" as Secretary of The Wamsley Cattle <br />Company, Inc, I <br /> <br />My commission expires: <br />_0hS~: <br />, ~\;.,~..n,,,,,O,o <br />-"', .~ ~ <br />;j~/ ,> <br />t~/ NOTARY'....(<' <br />! : I <br />~~ .... fa <br />~\ PUBLICi Q <br />"1;.,......... .....~'< <br />(:" oC"'po\.o <br /> <br /> <br /> <br />- 3- <br /> <br />EXHIBIT B-2 <br />