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~~ <br /> b" <br />This Certificate AKRON READY MIX DIpI$IQf) Of Certificate Numbe <br />Evidences A ASSIC3VFD TO THE STATE OF Q7IJJRADO M ItIBf2IS Bt G~OIO~ <br />Deposit In The MINED LAND REQAMATION BOARD / ' / D/O/B <br />f <br />1 <br />Name(s)OC pDPA #010004005101 p1i`~ ~ <br />~`s <br />~7 <br />`7[ccount Nltmber 6600001573 <br />1313 Sf~RN)AN STRS'EP RM 215, DENVER, ~ 80203 Date October 20, 1997 <br />In The Amount Of Five thousand and no/100* * * * * * * * * * * * * aouars S 5, 000.00 <br />ACCOUNT TYPE AND TERMS - ONy the boxes that are checked and the lines that are fdled in apply. <br />Tenn (Initial) 9 IfOI1ttLS ^ Additions permitted in a minimum amount of $ <br />Maturity Date (Firs[) O7/2O/1998 ~` Fixed Ra[e ^ Min. Balance Req. $ <br /> <br />Interest Aa[e (Initial) 5.670 q ^ Variable Rare ,,[[77 _ <br />: INtial Index Rate `Yo Wti ~C <br />Compounded guarterlY Minimum Ra[e k First Adjustment Date <br />Interest Calculated aCtllal /365 Adjustment Frequency <br />No. Endorsements Required for Withdrawal 1 Ra[e Formula <br />^ Single Maturity Automatically Renewable <br />Interest Paid rntarl-arty THE FIRST SECURITY Cfl Of MIf18f2fS a veulut, <br />(a) ^ By 190 MAIN V~ <br />(b) ~By Deposit To Acct. No. 6600000159 , CO 7 (970) 345-2273 <br />- B <br /> <br />DEFINITIONS: "We" and "us" means the fmancial institution. "You" and SINGLE MATURITY: If the single maturity box is checked, d1e depositor <br />"your" means the depositor(s). "Certificate" means both this original instrument should present this rertificate promptly at maturity for payment. <br />as well as the deposit i[ shows. This certificate (and the account it represents) <br />^ <br />i <br />^ <br />may not be uans(erred or assigned without our prior written consent and is not interest <br />will not accme after matur <br />ty. <br />wi[I <br />negotiable. AUTOMATIC RENEWALS: II the aurornadc renewal box is checked, this <br />VARIABLE INTEREST RATE: Your deposit will eam interest at the initial certificate will be aummatically renewed after the stated maturity date stated for <br />interest mte stated on this certificate to the first adjustment date. Then, and on successive turns, each equal m the original tertn. The interest rate will be the <br />each succeeding adjusmrent date, the rnte tltis certificate will eam is subject ro be same we offer on new certificates on d1e maturity date which have the same tern, <br />increased or decreased according to the formula described on this certificate. The nritdmum balance (if any) and other features as this original certificate. The <br />rn[e will remain the same between interest adjustment dates. depositor may call us on or shortly before the maturity date and we will tell the <br />If the "first adjustment date" is phrased in terms of "index change" this means depositor what the interest rate w1B be for the next renewal term. <br />the first adjustment date and the rnte adjustrnent frequency after the first The aummatic renewal of this certificate may be prevented if one of the <br />adjustment date are no[ regularly scheduled. In this case, the rate tilts certificate following things happens: <br />will eam will be adjusted any time the "index" changes. (t) This certificate is personally presented for payment on a maturity date or <br />The interest rate we will pay on this certificate will not, however, be greater <br />lO <br />than the stand maximum rate (if any) or be less than [he stated minimum rnte (if days after the maturity dam; or <br />wrthm <br />any) regardless of changes in the index rnm. (2) We receive written notice from the depositor before a maturity date of <br />COMPOUNDING: The compounding frequency and interest calculation method their intention ro cash in this certificate. <br />will not change during the term of [he certificate, regardless of adjustments to the YOUR DEPOSIT' ^ WII <br />L NOT EARN INTEREST AFTER <br />L ~ WII <br />interest rate, unN we give reasonable notice m you of such change. , <br />. <br />pIIgpL MA•ppRlTy <br />ADDITIONS: If we permit you to make any additions, they will only be <br />permitted in an amount equal to, or greater than, the minimum amount indicated. <br />Endorsements (Sign only when requesting withdrawal): <br />The making of additions ro this certificate will not exrentl the maturity of all, or <br />any portion, of the funds on deposit. Additions will eam interest from the date of ENDORSEMENT ON BACK <br />deposit, and will mature a[ the Same time as the firs[ deposit. No additions may x <br />I <br />be made within days of the final maturity date. I x <br />" NOTICE OF PENALTY FOR EARLY WI'T'HDRAWAL <br />Except as mentioned below, you cannot withdraw any principal from this <br />account before a mamdty date without our consent and we will chazge a penalty. <br />We can oNy wnsen[ to an early withdrawal at the time you request i[. The <br />penalty wiB bean amount equal m: <br />^the greatest of: (1) all of the interest earned on the amount withdrawn <br />from the most recent date of deposit or last renewal, (2) aB the interest <br />that could have been earned on the amoum withdrawn during a period <br />equal to one-half of the maturity period, or (3) seven days' interest oa the <br />amount withdrawn. <br />one month's interest on the amount withdrawn. <br />^ three months' interest on the amount withdrawn. <br />We will charge the penalty first against any interest then in [he account, and any <br />excess will be deducmd from the amount you withdraw. <br />FIXED RATE TIME DEPOSITS: For a fixed rate time deposit we will use the <br />nominal (simple interest) rote in effect m calculate the amount of the applicable <br />penalty. <br />VARIABLE RATE TIME DEPOSIT: For any time deposit which earns a rote <br />that may vary from time ro time during the term, the interest ram we wilt use ro <br />calculate this interest forfeiture will be: <br />^ average (weighted for time) of the simple interest rotes earned on this <br />certificate up m the date of withdrawal; <br />^ simple interest rnm m effect on the date that this account is opened: or, <br />^ dre simple interest rata in effect on the date of early withdrawal. <br />Minmum Balance Account: If we require a minimum balance on this account, <br />we may treat any withdrawal that reduces the balance below such minimum as a <br />withdrawal of the entire balance and calculate the penalty accordingly. <br />EXCEPTIONS: Federal regulations permit, or in same cases require, the <br />waiver of the early withdrawal penalty if: <br />(1) any account owner dies or is declared incompetent, or <br />(2) this is an LR.A. or Keogh account and you are a[ last 59'h years of <br />age or disabled at the time of the withdrawal request, or <br />(3) this is an LR.A. or Keogh account and fhe request for withdrawal is <br />made withih seven days of establishing the account. (The penalty in such <br />case wBl be all interest earned on the amount withdrawn.) <br />®1992, 1990 Bankers Systems, Inc., SL Qoutl, MN (1-900-39]-23411 Form VFBCD-LAZ ]/22/94 <br />VARIABLE/FIXED RATE TIME CERTIFICATE OF DEPOSIT !page r or tl <br />Original-r <br />