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<br />immediately due and payable, and the indebtedness shall bear interest at the rate of 7% per <br />annum from the date of default. The CWCB shall give the BORROWER written notice of any <br />alleged default and an opportunity to cure within thirty (30) days of receipt of such notice <br />before the BORROWER shall be considered in default for purposes of this Promissory Note. <br /> <br />9, The BORROWER and any co-signer or guarantor hereby agree that if this Note or interest <br />thereon is not paid when due or if suit is brought, then it shall pay all reasonable costs of <br />collection, including reasonable attomey fees. In the event of any bankruptcy or similar <br />proceedings, costs of collection shall include all costs and attorney fees incurred in <br />connection with such proceedings, including the fees of counsel for attendance at meetings <br />of creditors' committees or other committees, <br /> <br />10, This Note shall be govemed in all respects by the laws of the State of Colorado. <br /> <br />Glenn 0, Toyne, a Colorado individual <br /> <br />.--< <br />J;-L-- j) - :~~ <br /> <br />County of 8.ed2.g.", ~ <br />State of Colorado <br /> <br />) <br />) S8 <br />) <br /> <br />. The foregoing instrument was acknowledged before me this / j!J day of '11-1 ~ 2003 <br />bt-, Glenn D. Toyne: Witness my hand and official seal. <br />~_ h(r1~~~ Notary Public <br /> <br />My commission expires /6 -- /1- :Lc t/ f/ <br /> <br />Page 2 of 2 <br />