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C153770 Contract
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C153770 Contract
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Last modified
4/18/2011 2:34:23 PM
Creation date
10/6/2006 12:04:42 AM
Metadata
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Loan Projects
Contract/PO #
C153770
Contractor Name
Summit Reservoir and Irrigation Company
Contract Type
Loan
Water District
32
County
Montezuma
Bill Number
SB 97-008
Loan Projects - Doc Type
Contract Documents
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6. The rights and remedies of the Lender stated in this Assignment are in addition to any other <br />rights the Lender may have under the Loan Contract or any law. <br />7. This Assignment shall be binding upon Owner and its successors, assigns, trustees, and <br />receivers. <br />8. This Assignment shall be construed in accordance with the laws of the State of Colorado. <br />9. The Owner and Lender specifically request the Bank to honor and accept this Assignment and <br />its terms. <br />ATTEST: <br />sy ;�j�a�-r� U ���'�a�-+f <br />David V. Sanford, ecretary <br />Executed this day of <br />.. <br />� . . <br />i�:i.. � � <br />- 3Wl:l�'� ' <br />Company <br />President <br />ACKNOWLEDGMENT BY DOLORES STATE BANK <br />Dolores State Bank ("Bank") has received a copy of the foregoing Assignment, and agrees that, <br />upon notice from the Colorado Water Conservation Board ("CWCB") that the Summit Reservoir <br />and Irrigation Company is in default under its Loan Contract with the CWCB and that the CWCB is <br />exercising its right under the Assignment to withdraw funds contained in the Cettificate of Deposit, <br />the Bank shaii pay such funds directly to the CWCB until advised otherwise. <br />Attest <br />By <br />� <br />��/°/ �/, � <br />8'�/�/F7 <br />SEAL <br />�.. - - <br />/ �. � <br />���, <br />��-:..-��,����� ;:� - . - <br />� -' �:''' - -_ - �.��a. . <br />�. - <br />
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