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<br />6. The rights and remedies of the Lender stated in this Assignment are in addition to any other <br />rights the Lender may have under the Loan Contract/Promissory Note or any law. <br /> <br />7. This Assignment shall be binding upon Owner and its successors, assigns, trustees, and <br />rece'lvers. <br /> <br />8. This Assignment shall be construed in accordance with the laws of the State of Colorado. <br />The Owner and Lender specifically request the Sank to honor and accept this Assignment and its ' <br />terms. <br /> <br />Executed this 5/iJ-aay of <br /> <br />F't!-' Y!/ ';;'7' l/. <br />/,' <br /> <br />DeWeese-Dye Ditch and Reservoir <br />Company <br /> <br />By $~<<' /3-; f}~ <br />/ Ronald D. Dom, President <br /> <br />ATTEST: <br /> <br />By/~~L-~'~~~~ <br />Rose. Moschetti, Secretary <br /> <br />ACKNOWLEDGEMENT BY FIRST NATIONAL BANK OF CANON CITY <br /> <br />The First National Bank of Canon City ("Bank") tlas received a copy of the foregoing Assignment, <br />and agrees that, upon notice from the ColoradO Water Conservation Board ("CWCB") that the <br />DeWeese-Dye Ditch and Reservoir Company is in default under its Loan Contract/Promissory <br />Note with the CWCB and that the CWCB is exercising its right under the Assignment to withdraw <br />funds contained in the Certificate of Deposit, the Bank shall pay such funds directly to the CWCB <br />until advised otherwise. <br /> <br />First National Bank of Canon City <br /> <br />By: (!1M dUlL /J at' ~ <br />CLAUllINE PAOLINO <br />Printed name & title NEW ACCOUNT REPRESENTATIVE <br /> <br />Date: FEBRUARY 10, 1997 <br /> <br />'.' <br />....;. <br />