Laserfiche WebLink
<br />,"?j <br /> <br />, <br />( <br /> <br />1 O. The Debtor and Secured Party specifically request the Bank to honor and accept this Assignment, <br />and its terms. <br />if <br />Executed this K- day of May 2000. <br /> <br />SEAL <br /> <br />By <br /> <br /> <br />Colorado nonprofll <br /> <br />Attest:./ //./ <br /> <br />BYI?;~ ~~ <br />, Corporate Secretary ..r .4-- <br /> <br />ACKNO~DGMENTBYBANK <br /> <br />By its officer's signature below, The First National Bank ("Bank") acknowledges that it has received a <br />copy of the foregoing Assignment and agrees that neither the Debtor nor anyone else (except <br />Secured Party) has any right to withdraw any funds from the above-described Account listed above <br />until the Secured Party releases this agreement in writing, except that, at the Debtor's request, the <br />Bank shall allow transfers of funds from the Account to Secured Party. The Bank further agrees that, <br />upon notice from Secured Party that the Debtor is in default under its Loan Contract with Secured <br />Party and that Secured Party is exercising its right under the Assignment to withdraw funds <br />contained in the Account, the Bank shall pay such funds directly to Secured Party until advised <br />otherwise by both Secured Party and the Debtor. The Bank acknowledges that the Account is a <br />special deposit and that the funds deposited therein are to be used solely for Debtor's repayment to <br />the Secured Party of the Loan, and waives any right of setoff it may have in and to the Account. <br /> <br />The First National Bank <br />POBox 1030 <br />La Junta, CO 81050 <br />719/384M33 <br /> <br />'. .b <br /> <br /> <br /> <br />le~Q I 5Yo I <br /> <br />By <br />Printed Name ~Title <br />Date 4 I,/m <br /> <br />Attest: <br /> <br />Bye~C~ <br /> <br />Corporate Secretary "-,....... <br /> <br />Appendix F to Loan Contract C150040 <br />