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E <br /> Annual loymcmt fw the walrr servicedescribed herein shag be delennined by the Honed of Diredois arise Dhaim The Istial <br /> annual payload FIEatI be made In full,within thing(30)tbvs anrr dm date urnniice In the ApplioAra Thal the initial payment is dur- said t aloe <br /> %nil ndtise the Applicant,among other things,of lie walcr delivery year io wbich the iallieti Mayen nit shall apply and the priec WI LICK if oppl iObIC <br /> to Ihai year. 1 <br /> I <br /> Annual payments for cach ycnr dictrailer shall lu due and pa)•abla by the Applicant oil or Wore c►ch January 1 if an annual <br /> payment is not made by the duc dale a flat 550late fce.vill be as ressed.Final written siotimpricerto cancellalion will besea t certified maih,rdurn <br /> receipt requested,to the Applicant at such address m inay be designatcd by the Applicant lit railing orsel fords in this Contract ar Applialiati. <br /> Waler use for any pail of a water I L-ir shah require payment for ilia cal ire water year. Nothing herein shall be construed to as In prevent llte <br /> District from adjusting the annual rate In its sole discretion for future years only. _ <br /> lfpaymentis not wedo within relleca(15)days allot lire date of said wdticn notice,Applianr shall alDistricl* talcopdoobave <br /> no further tight,title or interest uudcr this Contract withoul further notice,and delivery inay be li n eediately curtailed.The olloluteat afwatty as <br /> herein made,may be traniferred,lensed,at othienAte disposed of et the discretion of Ise Hoard ofDireclan of the District. <br /> Upon cancellation orlhis water allotment Contract with the District,ilia District shall noliry the Division orwater itesurte:r <br /> offlm in Denveraad Glenwood Springs.The Division of water Resources nzy then order ce5's tlou of all It7tervse. <br /> t <br /> . i <br /> 7. Additional MPi gyA_CMja;Applicant agrees to deftay any expenses lnmrred by the District In eontiecdon wile the <br /> r <br /> allotment of►valer rights hereunder,including,but not limited to,minibursen scat of legal and eoginceringeosts incurred in connection w11h ally <br /> water rights and adjudication necessary to allow Applicants use orsuch allotted water rights. <br /> g. AnIRnF•EL Ids cosions lshallButintnelolitebeeterstgfihehairs,successorsorassignsof.Applicnnt,►vithiallho <br /> prior►vritlen consent of the District's now of Directan.Any assignmenl of Applicant's rights under this Contract shall be subject to,and trust <br /> comply nits,such segaireraeuls w the District niay hereafter adopt regarding assignment of Contract rights and the assumption of Conract <br /> r <br /> obligations by iessigacetand suceetsors.Nolhlughadn shell pment successors to a porlionorApplicanf'sproperty from applying to llueDisisiet <br /> for individual and separale allotment Contracts. No assignment shell be rewitnized by the District cxcepl upon completion and Piing of proper <br /> fauns forssdgrementemd change ofmvacrshtp. i <br /> In the event The►valer allotted pursuant to this Contract Isla boned far the benefilafleadwhich Is umv dr will rebsegoadty be <br /> subdivided or lield in separate ownership,flit Applicant tray only assign fee Applicanra rights bernouder to: 1)No m6m Ihati lhrce separate <br /> owners all of whom shall be party to a well slitting agreement satisfactory to the District;or 2)A homeon-per:assoaiatloa,water dislticf,water <br /> and saoilatim district or other special district properly argaith d and existing under the laws or the Slate of Colorado,End 1*only i(sueh <br /> IF <br /> parties,association orspecial District establishes to the satisfaction of the District that it has tieability and authority fo prfurm lbeApplloaft <br /> obligations under this Contract. In no event:ball the ewncr of s portion.but less then oil,of theAppfinari property to be served under this <br /> Contract lave any rights hereunder.except as sadi rights easy exist pursuant to a►vell sharing agreement cc through a hoatea►vaer"s assoefadlan or <br /> special district as provided above. <br /> UpoalbesaleoftherealpropentytowbrchthisContractperlains.Appliicantdiellmakobuyerawareoftftis(bahectodp pn r <br /> forms for sssigasmi.and cltarige.of ownership roust be completed, <br /> 3 <br /> M <br />