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<br />r", <br />, <br /> <br />10. The Debtor and Secured Party specifically request the Bank to honor and accept this Assignment and <br />its terms. <br /> <br />Executed this _ day of January 1998, <br /> <br />The Farmers Independent Ditch Company, <br />a Colorado nonprofit corporation <br /> <br />By~1JA:~~~~)d...f <br />Frank A. Eckhardt, Jr., esident <br /> <br />SEAL <br /> <br />A~ <br />By /:; . ~ ' <br />o Id F. Otlo.lrporate Secretary <br /> <br />ACKNOWLEDGMENT By THE BANK <br /> <br />By its officer's signature, the Bank One, Colorado, N.A. ("Bank") acknowledges that it has received a copy <br />of the foregoing Assignment and agrees that neither the Debtor nor anyone else (except Secured Party) <br />has any right to withdraw any funds from the above-described Account listed above until the Secured <br />Party releases this agreement in writing, e)(cept that.: at the Debtor's request. the. Bank shall allow the <br />transfer of the annual Loan payment in the amount of $3,084.82 tq.Secured Party. The Bank <br />acknowledges that the AccOunt is a' special deposit and that the funds deposited therein are to' be used <br />solely for 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 />ATTEST: <br /> <br />",~iW I~' <br /> <br /> <br />G.-;; <br /> <br />r <br />