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<br />, <br />.\ ',' <br /> <br />.~. <br /> <br />..,..... <br />r,'.. .' <br /> <br />9. This Assignment shall be construed in accordance with the laws of the ~at~ of Colorado. _.' <br />iH ~., ..~.~ a...: <br />10. The Debtor and Secured Party specifically request the Bank to honor and accept this <br />Assignment and its terms. <br /> <br />Executed this ~ day of JI/ > .' ! <br /> <br />1998. <br /> <br />The Weldon Valley Ditch Company, a <br />Colorado nonprofit corporation <br /> <br />SEAL <br /> <br />By /fk~~f{/ On~ <br /> <br />" Gerald A. Baugh, Pr. Ident <br /> <br />ATTEST: J r <br /> <br />By~~J ~~>>>v' <br />Co rate Sec ary <br /> <br />ACKNOWLEDGMENT By THE BANK <br /> <br />By its offer's signature below, the Wiggins Independent Bank, Wiggins, Colorado ("Bank") <br />acknowledges that it has received a copy of the foregoing Assignment and agrees that neither <br />the Debtor nor anyone else (except Secured Party) has any right to withdraw any funds from <br />the above-described Account listed above until the Secured Party releases this agreement in <br />writing, eXCBpt that, at the Debtor's request, the Bank shall allow the transfer of the annual Loan <br />payment in the amount of $12,797.88 to Secured Party. The Bank acknowledges that the <br />Account is a special deposit and that the funds deposited therein are to be used solely for <br />Debtor's repayment to the Secured Party of the Loan, and waives any right of setoff it may have <br />in and to the Account. <br /> <br />Ei <br /> <br /> <br />Wiggins Independent Bank <br /> <br />By ~~ F,..Jrm <br /> <br />Printed NamefTitle Cr";5J -rr,,<<7w.;~-As.d 13.....",h <br />/"1p.,,"-~e.- <br />Date ~ -2.5" -9 ~ <br /> <br />8A/A~c.~ j" fJ.<- )ice.<<"'!-....5 of- <br />t -2~-93 ,/s 1/ 91,3, '/7. <br /> <br />ATTEST: <br /> <br />o <br />