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<br />":" i"I.-' <br /> <br />,,,:)" , <br />..,"-. <br />-'- <br /> <br />" <br /> <br />SCHEDULE 1 <br /> <br />Collateral <br /> <br />shares of the Class A Series 1 [and <br />shares of the Class A Series 2] common stock of Clinton---- <br />Ditch & Reservoir Company (the .Company.), represented by <br />certificate noes]. , together with all proceeds, <br />products and accessions. The Collateral entitles the holder <br />thereof to a specified volume of water from the Reservoir <br />Yield of the Clinton Gulch Reservoir located in Summit <br />County, Colorado, as set forth in the Company's articles of <br />incorporation. <br /> <br />E-7 <br /> <br />KMSD,EBO <br />