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<br />-. <br /> <br />. <br /> <br />. <br /> <br />, <br /> <br />9. This Assignment shall be construed in accordance with the laws of the State of Colorado. <br /> <br />10. The Debtor and Secured Party specifically request the Sank to honor and accept this <br />Assignment and its terms. <br /> <br />Executed this _C)-f(. day of A)~kJ 1997. <br /> <br />The Greeley and Loveland Irrigation <br />Company, a Colorado nonprofit corporation <br /> <br />_~~'~/V <br /> <br />David Semhardt, President <br /> <br />ATTEST: <br /> <br />Sy~../f,;-~) <br />rporate Secretary <br /> <br />ACKNOWLEDGMENTSvTHE Fir"~ N~~ion~' 1\~n1< of Greeley <br /> <br />Sy its officers signature The FN1\r. ("Sank") acknowledges that it has received a copy of <br />the foregoing Assignment and agrees that neither the Debtor. nor anyone else (except Secured <br />Party) has any right to withdraw any funds from the above-described Account listed above until <br />the Secured Party releases this agreement in writing, except that, at the Debtor's request, the <br />Sank shall electronically transfer the annual Loan payment in the amount of $2,778.31 to Secured <br />Party. The Sank acknowledges that the Account is a special deposit and that the funds deposited <br />therein are to be used solely for Debtor's repayment to the Secured Party of the Loan, and waives <br />any right of setoff it may have in ahd to the Account .. '.... <br /> <br />Sank <br /> <br />Sy <br /> <br />First National Bank of Greeley <br /> <br />9~ [/.IY ,.1- t/fJ. ' <br /> <br />. Sen:l.or Vice . PreSident <br /> <br />//- J;"_ 97 <br /> <br />Date <br /> <br />ATTEST: <br /> <br />Sy I ~ <br /> <br />.J L . <br /> <br />, ' L D . <br /> <br />~ <br /> <br />.... <br />