Laserfiche WebLink
<br />." ~ <br /> <br />8. This Assignment shall be construed in accordance with the laws of the State of Colorado. <br /> <br />9. The Owner and Lender specifically request the Bank to honor and accept this Assignment <br />and its terms. <br /> <br />Executed this 5 '[I, day of September 2000. <br /> <br />.' ,.. ..... ....... <br /> <br />Riverside Reservoir and Land Company, a <br />c~nonprOfil corporatiO(:a1 <br /> <br />By W rt~ <br /> <br />Paul McDill, President <br /> <br />SEAL <br /> <br />Attest: <br /> <br />By <br /> <br />~~ <br /> <br />Don Snider, Secretary <br /> <br />ACKNOWLEDGMENT BY BANK <br /> <br />By its officer's signature below, the Farmers State Bank of Fort Morgan ("Bank") acknowledges that it has <br />received a copy of the foregoing Assignment, and agrees that, upon notice from the Colorado Water <br />Conservation Board ("CWCB") that the Owner is in default under its Loan Contract with the CWCB and <br />that the CWCB is exercising its right under the Assignment to withdraw funds contained in the Certificate <br />of Deposit, the Bank shall pay such funds directly to the CWCB until advised otherwise by the CWCB and <br />the Owner. The Bank acknowledges that the Certificate of Deposit Account is a special deposit and that <br />the funds deposited therein are to be used solely to secure Owner's Loan from the CWCB, and waives <br />any right of setoff it may have in and to the Account. <br /> <br />Farmers State Bank of Fort Morgan <br />123 E. Kiowa Avenue <br />Fort Morgan CO 80701-2102 <br />970/867-5661 <br /> <br />By <br /> <br /> <br />President <br />.JO vt e ~ R-t"s~cJ'" <br /> <br />Printed Name <br />Date <br /> <br />Attest: <br />By il1MAAA ~ <br />~ /iA.~4 <br />