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<br />5. The rights and remedies of the Assignee stated in this Assignment are in <br />addition to any other rights the Assignee may have under the Loan Contract or any <br />law. <br /> <br />6. This Assignment shall be construed in accordance with the laws of the State of <br />Colorado. <br /> <br />7. The Assignor and Assignee specifically request GASP to honor and accept this <br />Assignment and its terms. <br /> <br />Executed this ;?? day of ,l#Jr: I <br /> <br />, 1996. <br /> <br />SOUTH PLATTE DITCH COMPANY <br /> <br />Sy~.I.Jf~ -r .AL-~'..I~ .i-- <br /> <br />ATTEST: <br />BY~ #~ <br /> <br />ACKNOWLEDGEMENT SY GASP <br /> <br />The Groundwater Appropriators of the South Platte River ("GASP") has received a <br />copy of the foregoing Assignment. and agrees that, upon notice from the South Platte <br />Ditch Company ("Company") and from the Colorado Water Conservation Soard <br />("CWCS") that the Company is in default under its Loan Contract with the CWCS and <br />that the CWCS is exercising its right under the Assignment to collect monies due from <br />GASP on its purchase(s} of recharge watl!r from the Sandhill Ditch Recharge Project, <br />GASP shall pay such monies directly to the CWCS until advised otherwise, <br /> <br />Groundwater Appropriators of the South <br />Platte River <br /> <br />Sy, W U~./~ President <br />Date: r;/ D< f / f~ <br />, / <br />