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Capital Stock $13;125..00 525 Shares of the par value of $25 each <br />This certifies that The Public Trustee of Weld County for the use of <br />Norwest Bank Greeley, National Association, Beneficiary of First <br />Deed of Trust; and Tim D. Iverson and Jeanne Iverson, Joint <br />Tenants, Equity i? the owner of Shares of the Capital Stock of <br />Owners <br />THE GREELEY IRRIGATION COMPANY <br />transferable only on the books of the Corporation by the holder hereof, or by <br />Attorney, upon surrender of this Certificate properly endorsed. <br />IN WITNESS WHEREOF,-the said Corporation has caused this <br />Certificate to be signed by its duly authorized officers and to be <br />sealed with the seal of the Corporation, at Greeley, Colorado, <br />this 31st dayof March A.D. ig 94 <br />CORPORATE SEAL <br />SECRETARY PRESIDENT