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XII. In case of the insolvency, bankruptcy or dissolution of the Operator, all funds represented by the <br />SelfBond shall immediately become due and payable and this Guarantee may thereupon be <br />enforced. <br />XIII. This Guarantee is one of payment and not of collection. <br />XIV. The failure of any person or persons to sign this guarantee shall not release or affect the liability <br />of Guarantor. <br />XV. This Guarantee is a binding contract and shall be construed under and subject to the laws of the <br />State of Colorado and the United States of America. <br />SIGNATURES OF GUARANTOR: <br />GUARANTOR: <br />Im <br />TITLE: <br />TITLE: <br />(Affix CORPORATE SEAL) <br />STATE OF ) <br />)SS. <br />COUNTY OF <br />The foregoing instrument was acknowledged, subscribed and sworn to before me this day of <br />M <br />Witness my hand and official seal. <br />(Notary Public) <br />My Commission Expires: <br />CORPORATE ACKNOWLEDGMENTS: <br />Attach and incorporate herein as Exhibit A. <br />