Document:

Lease Agreement between Eagle Investments, LLC and Centennial Bank of the West

 Exhibit 10.21 
  
 LEASE AGREEMENT 
  
 Between 
  
 American Eagle Investments, LLC 
  
 and 
  
 Centennial Bank
of the West 
  
 The Land referred in this Lease is described as follows:

  
 Lot 2, WESTGATE COMMERCIAL CENTER SUBDIVISION SECOND FILING, a Subdivision in
the Town of Windsor, County of Larimer, State of Colorado. 

  
 LEASE AGREEMENT

  
 THIS LEASE AGREEMENT, dated June 30, 2002, (this
“Lease”), is made and entered into by and between AMERICAN EAGLE INVESTMENTS, LLC whose address is 3535 Wagon Trail Road, Greeley, CO 80634 (“Landlord”), and Centennial Bank of the West whose address is 4650 Royal Vista Circle,
Fort Collins, CO 80528 (“Tenant”). 
  
 ARTICLE I

 Definitions 
  
 1.1 Definitions. Landlord and Tenant agree that the capitalized terms set forth below shall have the following meanings: 
  
 “Additional Rent” means any and all sums other than Annual
Rent which Tenant is or becomes obligated to pay to Landlord under this Lease. 
  
 “Annual Rent” means the annual rental which Tenant is to pay Landlord in accordance with Section 4.2. 
  
 “Building” means the office/bank building constructed upon the real property located at 4650 Royal Vista Circle, Fort Collins, CO 80528
which is the mailing address, however, for a legal description of the property, see “Land” below. 
  
 “Floor Area” means the square feet of building area within the applicable space measured from the interior surfaces of the Premises.

  
 “Force Maieure” means any event the
occurrence of which prevents or delays the performance by Landlord or Tenant of any obligation imposed upon it hereunder and is not such party’s fault, and the prevention or cessation of which event is beyond the reasonable control of such
party. 
  
 “Land” means that tract of land in the
City of Windsor, County of Larimer, State of Colorado as more particularly described on Exhibit A attached hereto. 
  
 “Landlord Mortgagee” means any lender that has a loan secured by any portion of the Project owned by Landlord. 
  
 “Lease” means this instrument, together with all Exhibits
which are attached hereto or incorporated herein. 
  
 “Lease Year” means a period of twelve (12) calendar months during the Term. The first Lease Year shall commence on the Rental Commencement Date and end on the expiration of the twelfth (12th) full calendar month thereafter.
The second Lease Year shall commence on the 

  

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first day of the calendar month following the last day of the first Lease Year and end twelve (12) calendar months thereafter; and succeeding Lease Years
shall commence and end on dates corresponding to those on which the second Lease Year begins and ends. 
  
 “Premises” means the useable square footage of the Building, being 16,196 Rentable Square Feet, more or less. 
  
 “Primary Term” means the term of this Lease, as provided in
Section 2.2. 
  
 “Project” means the Land
together with all improvements thereon, including, without limitation, the Building, as they may from time to time be constituted. 
  
 “Rent” means Additional Rent and Annual Rent. 
  
 “Rental Commencement Date” means July 1, 2002. 
  

“Tenant’s Property” means all furnishings, fixtures, equipment, signs, and other personal property located in or on the Premises
by Tenant, but shall not include any leasehold improvements. 
  
 1.2 Other Definitions. All other capitalized terms defined elsewhere in this Lease shall, unless the context requires otherwise, have the meaning there given. 
  
 ARTICLE II 
 Premises and Parking 
  
 2.1 Demise of
Premises. Subject to the terms and conditions, and in consideration of the covenants of payment and performance by Tenant, Landlord leases the Premises to Tenant, and Tenant rents and accepts from Landlord, the Land and Premises. 
  
 2.2 Lease Term. The Primary Term of this Lease shall be ten (10)
years, commencing on the Rental Commencement Date and expiring at 11:59 p.m. on the last day of the tenth (10th) Lease Year thereafter, unless extended as otherwise provided herein. Landlord and Tenant shall, at the request of either, execute an
instrument confirming the Rental Commencement Date. 
  
 2.3
Renewal. Landlord agrees that if Tenant shall not be in default in performing any of its obligations under this Lease, Tenant shall have and is hereby granted the following options to extend the term of this Lease: 
  
 a. Option to extend the term of the Lease for five (5) years
immediately following the initial Primary Term (“First Renewal Period”). 
  

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 b. In the event Tenant exercises its option pursuant to subsection a. above, Tenant shall
have an option to extend the term of the Lease for an additional five (5)-year term (“Second Renewal Period”) immediately following the First Renewal Period. 
  
 c. Tenant shall exercise its options pursuant to this section by giving Landlord written notice no later
than one hundred twenty (120) days prior to the expiration of the Lease Term, each such extended term to begin immediately upon the expiration of the term preceding such extended term. All the terms, covenants and provisions of this Lease shall
apply to each and every extended term. 
  
 2.4 Use of
Premises. Tenant shall use the Premises for the operation of a bank or for office use. 
  
 ARTICLE III 
 Rent and Adjustments 
  
 3.1 Payment of Rent. Tenant shall pay: 
  
 a. Annual Rent, which shall begin to accrue on the Rental
Commencement Date shall be due and payable in advance in equal monthly installments on or before the first day of each calendar month during the Term. If the Rental Commencement Date is other than the first day of a calendar month, then the Annual
Rent installment payable for that partial month shall be prorated on the basis of the Annual Rent payable for the first Lease Year divided by 365 and multiplied by the days in that month on and after the Rental Commencement Date, and such payment
shall be in addition to the Annual Rent payable for the first Lease Year. If for any reason the term ends on other than the last day of a calendar month, the monthly installment of Annual Rent shall be appropriately prorated for the partial month;
and 
  
 b. Additional Rent. Any other payment
owed by Tenant under this Lease shall be Additional Rent and Tenant shall pay such amount owed within thirty (30) days after the receipt of Landlord’s invoice or Statement for same, or, if this Lease provides another time for the payment of
certain items of Additional Rent, then at such other time. 
  
 3.2
Annual Rent. 
  
 a. Annual Rent for each
Lease Year of the Primary Term shall be based upon Twenty Two Dollars ($22.00) per Rentable Square Foot (16,196 square feet). 
  
 b. Renewal Periods. Annual Rent for each Lease Year of the First Renewal Period or the Second Renewal Period shall be equal to the Annual
Rent for the Lease Year preceding each such Renewal Period plus the increase for each lease year which will be increased by 2% per year for the ten (10) year primary term and for the first and second renewal periods as provided pursuant to Section
2.3. 
  

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 3.3 Past Due Sums. If any payment of Rent is not received by Landlord on or before the tenth
(10th) day following the date such payment was due, Tenant, at Landlord’s option, shall pay a late charge equal to five percent (5%) of the amount of the late payment, or the late payment shall bear interest at the Applicable Rate from the date
on which the payment was due until paid in full. 
  
 3.4
Assignment of Rent by Landlord. Landlord may assign its right to receive Rent in connection with the financing of the Building and/or Project. 
  
 ARTICLE IV 
 Additional Rent

  
 4.1 Operating Costs. In addition to, and
separate from, the Annual Rent, Tenant shall pay to Landlord, as Additional Rent, such charges of the costs for Taxes and Landlord’s Insurance (as hereinafter separately defined and hereinafter collectively referred to as “Operating
Costs”), which Operating Costs shall accrue and be payable commencing upon the Rental Commencement Date. 
  
 4.2 Taxes. Tenant shall also pay to Landlord, as Additional Rent, all real property taxes and assessments, including a prorated amount of
extraordinary and/or special assessments which may be levied or assessed by any lawful authority and any property owners’ association during the Term of this Lease against the Project (hereinafter collectively referred to as “Taxes”).
Taxes shall exclude taxes caused by (1) change of ownership of the Project, and (2) income, excess profits, estate, single business, inheritance, succession, transfer, franchise, capital or other tax assessments on Landlord or the income from the
Project. All amounts due hereunder shall be payable to Landlord at the place where the Rent is payable. This Section 4.2 shall apply to the calendar years during the Term of this Lease, but Tenant’s liability for such years shall be subject to
a pro rata adjustment based on the number of days of such calendar years during which this Lease is in effect. Should any taxing authority having jurisdiction over the Project include in such Taxes the value of Tenant’s Property, then Tenant
shall pay any personal property and real estate taxes for the such items, Tenant’s may, at Tenant’s cost, contest any Taxes. 
  
 4.3 Insurance. Tenant covenants and agrees to pay to Landlord as Additional Rent, the cost of Landlord’s Insurance (as defined in Section
10.2) on the Project. In the event Landlord carries such insurance under a blanket policy or policies, Tenant shall pay Tenant’s Share of the portion of the cost of such policy or policies equitably allocated by Landlord to the Project.

  
 4.4 Tenant’s Payments of Operating Costs.

  
 a. For each calendar year during the term of
this Lease, Landlord may reasonably estimate the Operating Costs and estimate Tenant’s monthly payment of said Operating Costs. Tenant shall pay Landlord such estimated monthly payment for said Operating Costs which will be payable in advance
on the first day of each calendar month during fee term of this Lease. 
  

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 b. Following the expiration of each calendar year, Landlord shall furnish to Tenant for
the prior calendar year an itemized statement, in reasonable detail, setting forth the total actual Operating Costs for the Project for such prior calendar year, together with a budget of the then current calendar year and the estimate of Operating
Costs for that year. Based on said itemized statement, Landlord shall determine Tenant’s actual Share of Operating Costs for the prior calendar year. Tenant shall pay with Tenant’s next monthly payment of Rent any amount owed for the prior
year. Any overpayments by Tenant for the prior year shall be applied to the next Additional Rent due until credited in fall. 
  
 4.5 Audit. Tenant shall have the right within ninety (90) days following Tenant’s receipt of the itemized statement from Landlord for any
calendar year to cause an audit of the Landlord’s records with respect to the Operating Costs for that year, to be made by a certified public accountant selected and paid by Tenant, for a proper determination of the amount of Additional Rent,
and all applicable books, records and accounts shall be made available for such purpose. If any annual statement shall be found to be incorrect by such audit in that Tenant paid Additional Rent in excess of the actual amount owed, Landlord shall
reimburse Tenant any Additional Rent paid by Tenant in excess of the actual amount owed together with the cost incurred by Tenant for conducting such audit and interest on such excess at the Applicable Rate from the dates paid until the excess is
paid to Tenant. 
  
 ARTICLE V 
 Additional Expenses 
  
 5.1 Tenant’s Payment of Additional Expenses. 
  
 a. Tenant shall pay all charges for gas, electricity, water, sewer, telephone, cable television, janitorial services, supplies, and other
utilities, services and supplies used in its use and occupancy of the Premises. Tenant shall pay suppliers directly for those utilities, services and supplies that are separately metered, assessed or otherwise billed by the supplier thereof directly
to Tenant 
  
 b. Tenant shall pay all ad valorem
taxes or other taxes attributable to Tenant’s Property or its use and occupancy of the Premises. 
  
 c. Tenant shall promptly furnish to Landlord, upon Landlord’s written request therefor, proof of the payment of any amount payable by
Tenant which relates directly to the Premises. 
  
 5.2 Hold
Harmless. Except as otherwise expressly provided in this Lease to the contrary, Landlord shall not be liable to Tenant, or to Tenant’s agents, servants or employees for any damage to person or property caused by the negligence or
intentional acts or omissions of Tenant, or its agents, servants or employees, and Tenant agrees to indemnify and hold Landlord harmless from all liability and claims for any such damage. Except as otherwise expressly 

  

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provided in this Lease to the contrary, Tenant shall not be liable to Landlord, or to Landlord’s agents, servants or employees for any damage to person
or property caused by the negligence or intentional acts or omissions of Landlord, or its agents, servants or employees, and Landlord agrees to indemnify and hold Tenant harmless from all liability and claims for any such damage. 
  
 ARTICLE VI 
 Repair and Maintenance 
  
 6.1 Care of the Building and Premises. 
  
 a. Except as otherwise provided herein, Tenant shall be responsible for all maintenance and repairs to the Premises and all parts of the Premises. 
  
 b. Except as otherwise provided herein, Landlord shall not be responsible for any maintenance or repair of
the Premises or any part thereof. 
  
 c. Any cost
incurred for repairs or maintenance performed by Landlord which is caused by or related to any act or omission of Tenant shall be reimbursed by Tenant to Landlord upon written demand for payment of the same. 
  
 ARTICLE VII 
 Alterations and Additions 
  
 Subject to Landlord’s prior written consent, which consent shall not be unreasonably withheld, Tenant may, at its own expense, make interior alterations to the Premises provided such work: (a) will not materially
affect the structural integrity of the Building; (b) will not materially affect the electrical, plumbing or other mechanical systems of, or serving, the Building (c) is accomplished in a good and workmanlike manner; and (d) will not alter in any way
the exterior appearance of the Building. Tenant shall indemnify and hold Landlord harmless from and against all claims, damages and liabilities of every nature related to Tenant’s making any alterations to the Premises. Landlord shall have the
right to approve any contractor or subcontractor performing any such work and require performance bonds and reasonable insurance. Tenant shall provide Landlord with copies of updated as-built plans of the Premises as soon as possible after
completion of any alterations. Any alterations made by Tenant shall automatically become a part of the Premises and the property of Landlord. 
  
 ARTICLE VIII 
 Damage or
Destruction 
  
 8.1 Repair or Restoration. If at
any time during the Term, the Building or any part thereof shall be damaged or destroyed by fire or other casualty, Landlord shall commence and thereafter proceed with reasonable diligence to repair, restore, replace or rebuild the Building to a
condition substantially similar to that which the Building was in immediately prior to such casualty. 
  

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 8.2 Insurance Proceeds; Deficits or Excess. Landlord shall have the right to make all claims for
insurance proceeds and to settle or compromise such claims. If the insurance proceeds received by Landlord, together with the amount of any deductible for which Tenant is responsible, shall be insufficient to pay the entire cost of the Work,
Landlord shall be responsible for the amount of any such deficiency. If the insurance proceeds received by Landlord shall exceed the entire cost of the repair work, Landlord shall use such excess proceeds for such purposes as Landlord, in its sole
discretion, deems appropriate. 
  
 8.3 Abatement of Rent.
If, through no negligence or intentional conduct on the part of Tenant, the Premises shall be damaged by fire or other casualty, but not so as to render a substantial portion of the Premises untenantable for the purposes set forth herein, Landlord,
after receiving notice in writing of the occurrence of the damage, shall cause the damage to be repaired with reasonable promptness and the Rent shall abate for any portion of the Premises rendered untenantable by such fire or other casualty during
the period the Premises remains untenantable. If the fire or other casualty causing damage to the Premises shall have been caused by the acts or omissions of Tenant, its agents, servants, employees, or any other persons entering the Premises under
express or implied invitation of Tenant, no abatement of the Rent shall occur. 
  
 8.4 Elective Lease Termination Following Casualty. Notwithstanding any provisions of Section 8.1, 8.2 or 8.3 to the contrary, if the Building shall be substantially damaged or destroyed in whole by fire or
other casualty at any time, Tenant may, at Tenant’s option, terminate this Lease effective as of any time between the sixtieth (60th) day after the date of such damage or destruction and the one hundred eightieth (180th) day after the date of
such destruction, by serving upon Landlord within sixty (60) days after such damage or destruction a notice setting forth Tenant’s election to terminate this Lease. Upon the service of such notice, this Lease shall cease and expire on the date
so designated by Tenant with the same force and effect as if such date were the date originally fixed for the expiration of the term. Notwithstanding the preceding provisions of this Section 8.4, if the damage or destruction is caused by the acts or
omissions of Tenant and either party elects to terminate this Lease, Tenant shall be liable to Landlord for the following: 
  
 a. The amount of any deductible under the insurance policy providing coverage for the damage or destruction; 
  
 b. An amount, if any, equal to the amount by which
Landlord’s original Mortgage, amortized over its initial term, exceeds the sum of the deductible and insurance proceeds; and 
  
 c. The then present value of all amounts of Annual Rent yet to be paid for the Term of the Lease. 
  

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 ARTICLE IX 

Condemnation 
  
 a. If there is any taking of twenty-five percent (25%) or less of the Premises in condemnation proceedings or by any right to eminent
domain (“taking”), or a taking of so much of the Project that the remainder, in Tenant’s reasonable judgment, does not leave adequate space to make use of the remainder economically viable, Tenant shall have the option to terminate
this Lease and, in such event, this Lease shall terminate on the date of such taking. In the event of a taking of twenty-five percent (25%) or more of the Premises, Tenant shall have the unqualified option, exercisable by notice given within thirty
(30) days after such taking, to terminate this Lease as of the date of such taking. 
  
 b. If Tenant elects not to terminate this Lease in accordance with Section (a) above, this Lease shall terminate as to the portion of the
Premises taken and Annual Rent shall be abared proportionately. Landlord, as soon as reasonably possible, shall restore, repair, replace and rebuild the remaining portion of the Premises to substantially their former condition or with additions or
alterations as Landlord deems necessary. 
  
 c.
Landlord and Tenant shall cooperate in the prosecution of any claim for damages arising by virtue of any proceeding described in this Section 9. Tenant shall have the right to participate in any condemnation proceeding to present its separate claim
for the value of its leasehold estate, moving expenses and any taking of Tenant’s Property. 
  
 ARTICLE X 
 Insurance 
  
 10.1 Tenant’s Insurance. 
  
 a. Throughout the Term, Tenant shall, at its own expense,
maintain all risk coverage insurance insuring Tenant’s Property against loss or damage by Casualty in an amount equal to one hundred percent (100%) of the replacement cost thereof. 
  
 b. Throughout the Term, Tenant shall, at its own expense, maintain a policy or policies of commercial
general liability insurance naming Landlord as an additional insured. The policy or policies shall provide for minimum protection of not less than One Million and no/100 Dollars ($1,000,000.00) combined single limit for bodily injury and property
damage in any one occurrence. 
  
 c. Tenant shall
provide Landlord proof of insurance upon Landlord’s written request. 
  
 d. If because of Tenant’s use or occupancy of the Premises, Landlord must pay insurance premiums that exceed standard premiums, Tenant shall pay to Landlord the 

  

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amount by which the premiums exceed the standard premiums Landlord would otherwise be required to pay. 
  
 10.2 Landlord’s Insurance. 
  
 a. Landlord shall, throughout the Term of this Lease as an
Operating Cost, secure and maintain policies of insurance insuring (i) all insurable Project improvements (including the Building but excluding Tenant’s Property) against loss or damage by Casualty for one hundred percent (100%) of the
replacement cost thereof, and (ii) commercial general liability insurance of not less than One Million and no/100 Dollars ($1,000,000.00) combined single limit bodily injury and property damage in any one occurrence (collectively,
“Landlord’s Insurance”). Tenant shall be named as an additional insured under any such policy. 
  
 b. Upon written request, Landlord shall provide Tenant copies of insurance binders (or certificates in lieu thereof) for Landlord’s
Insurance. 
  
 10.3 Waiver of Subrogation Rights.
Notwithstanding anything to the contrary in this Lease, Landlord and Tenant each waives all rights of recovery, claim, action or cause of action against the other, its owners, agents, officers or employees for any loss or damage that may occur to
the Premises, Tenant’s Property or any personal property of such party, that may arise by reason of Casualty that is or would be insured against under the terms of any insurance required to be maintained hereunder, regardless of cause or
origin, including negligence of the other party hereto, its employees, agents, licensees and invitees, and covenants that no insurer shall hold any right of subrogation against such other party. 
  
 ARTICLE XI 
 Removal of Leasehold Improvements 
 and Tenant’s Property

  
 11.1 Removal of Tenant’s Property. Tenant
may remove Tenant’s Property at any time, and shall remove Tenant’s Property upon termination, provided: 
  
 a. The removal and all related repairs must be made on or before the date this Lease is terminated and be performed in such manner as to
minimize to the extent reasonably possible any interference with or disturbance of other tenants or occupants of the Project; and 
  
 b. The removal is completed without damage to the Building, or Tenant, at Tenant’s sole cost and expense, promptly repairs all damage
caused by the removal, including, without limitation, the repair of the Building and monument sign upon removal of Tenant’s signage. 
  
 Landlord shall not be responsible or liable for any damage to or other loss of Tenant’s Property, notwithstanding Landlord’s possession of the
Premises upon the termination of this 

  

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Lease. All Tenant’s Property not removed by Tenant upon the termination of this Lease shall, without compensation to Tenant, be deemed abandoned and
Landlord may remove, store, keep or dispose of such property without compensation or liability to Tenant. 
  
 11.2 Removal of Leasehold Improvements. Upon termination, Tenant shall not remove any of the improvements made within or to the Premises,
including, without limitation, any built-in or permanently attached fixtures or equipment, whether made or installed by Landlord or Tenant, without the prior written approval of the Landlord. Upon termination, Tenant shall deliver possession of the
Premises to Landlord with the Building in good repair and condition, ordinary wear and tear excepted. 
  
 ARTICLE XII 
 Defaults and Remedies 
  
 12.1 Default by Tenant. The happening of any of the following events
shall constitute an “Event of Default” of Tenant: 
  
 a. If Tenant: (i) fails to pay any portion of Rent when due and the default continues for ten (10) days after written notice thereof to Tenant, provided that in the event Tenant has failed to pay any portion of Rent
when due three (3) or more times during any consecutive twelve (12) month period during the Term, Landlord shall thereafter not be obligated to provide written notice thereof, or (ii) fails to perform or observe any other material provision of this
Lease within thirty (30) days after notice thereof to Tenant, or if such default is of such a nature that it cannot reasonably be cured within thirty (30) days, Tenant has not commenced to cure such default within such thirty (30) day period and
thereafter diligently and continuously worked in good faith to cure such default; or 
  
 b. If (i) any voluntary petition or similar pleading under any bankruptcy act or under any law seeking reorganization or an arrangement
with creditors or adjustment of debts is filed by Tenant, or if any such petition or pleading is involuntary, and it is not adjudicated favorably to Tenant within ninety (90) days after its filing; (ii) Tenant admits its inability to pay its debts;
(iii) Tenant makes an assignment for the benefit of creditors, or if any proceedings is filed by or against Tenant to declare Tenant insolvent or unable to meet its debts and such proceeding is not dismissed within ninety (90) days after its filing;
or (iv) a receiver, trustee or other court appointee or nominee of any name or character is appointed for Tenant or all or a substantial portion of its property and Tenant does not remove or vacate same within ninety (90) days from the date of
appointment. 
  
 12.2 Landlord’s Remedies. Landlord
may treat the occurrence of any Event of Default as a breach of this Lease, and, at its option, may have any one or more of the following remedies in addition to all other rights and remedies provided at law and in equity: 
  
 a. Landlord may terminate this Lease by giving written
notice of termination to Tenant and forthwith repossess the Premises by forcible entry and unlawful detainer suit and be entitled to recover forthwith as damages a sum of money equal to the total of (i) the cost of 

  

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recovering the Premises, (ii) the unpaid Rent earned at the time of termination and Additional Rent, plus interest thereon at the Applicable Rate from the
due date until paid, (iii) the balance of the Rent for the remainder of the Term less the fair market rental value of the Premises for such period, both discounted to their present values at the rate of eight percent (8%) per annum, and (iv) any
other sum of money and damages owed by Tenant to Landlord; 
  
 b. Landlord may terminate Tenant’s right of possession (but not the Lease) and may repossess the Premises by forcible entry or unlawful detainer suit, without further demand or notice of any kind to Tenant and
without terminating this Lease. In this event, Landlord shall exercise reasonable efforts to relet the same for the account of Tenant for rent and upon terms as shall be reasonably satisfactory to Landlord. For the purpose of this reletting,
Landlord is authorized to make any repairs or alterations in or to the Premises that may be necessary to render the Premises suitable for relet. In this case, Landlord shall be entitled to immediately recover unpaid Rent due at the date
Tenant’s right to possession is terminated, and the cost of recovering possession, and any of the reletting costs described above, and Landlord shall also be entitled of recover all other Rent as the same comes due under this Lease. If Landlord
relets the Premises, all sums received from the reletting during the Term shall be applied against sums due Landlord from Tenant and Tenant shall remain liable for any deficiency. A reletting of the Premises shall not constitute or be construed as
an election on the part of Landlord to terminate this Lease unless Landlord gives notice of such intention to Tenant. Notwithstanding any reletting without termination. Landlord may at any time thereafter elect to terminate this Lease for such
previous breach; or 
  
 c. Landlord may file suit
from time to time to recover any sums due or falling due under this Lease and no delivery to or recovery of any portion due Landlord hereunder shall be any defense in any action to recover any amount not theretofore reduced to judgment in favor of
Landlord. 
  
 12.3 Default by Landlord. If Landlord fails
to perform or observe any material provision of this Lease within thirty (30) days after notice thereof to Landlord, or if such default is of such a nature that it cannot reasonably be cured within thirty (30) days, Landlord has not commenced to
cure such default within such thirty (30) day period and thereafter fails to diligently and continuously work to cure such default, Tenant may, in addition to any other remedy available at law or in equity, upon written notice, cure the default, and
Landlord shall reimburse Tenant for all reasonable sums expended in curing said default, or, at Tenant’s option, such sums expended shall be a credit against Rent. 
  
 12.4 Non-Waiver. Failure of Landlord or Tenant to redeclare any default immediately upon occurrence thereof, or delay
in taking action in connection therewith, shall not waive such default, but Landlord or Tenant, as applicable, shall during the continuance of such default, have the right to declare such default at any time and take such action as might be lawful
or authorized hereunder, either at law or in equity. Waiver by Landlord or Tenant of any right for any default of Tenant or Landlord, as applicable, shall not constitute a waiver of any right for either a subsequent default of the same obligation or
for any other default. 
  

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 12.5 Remedies Cumulative. All rights, privileges and remedies afforded either of the parties
hereto by this Lease or by law shall be deemed cumulative and the exercise of any one of such rights, privileges and remedies shall not be deemed to be a waiver of any other right, privilege or remedy provided for herein or granted by law; provided
the right to terminate this Lease shall be allowed only as provided herein. 
  
 ARTICLE XIII 
 Compliance with Laws 
  
 13.1 Compliance with Laws. Tenant shall not use or occupy the Premises
for any purpose or in any manner that shall violate or be inconsistent with any existing and future laws, ordinances, orders, rules and regulations affecting or applicable to the Building and Premises. Landlord shall promptly fulfill and comply with
all existing and future laws, ordinances, orders, requirements, rules and regulations affecting or applicable to or relating to the design, construction and condition of the Building. 
  
 ARTICLE XIV 
 Assignment and Subletting 
  
 14.1
Assignment and Subletting. Tenant’s rights and obligations hereunder may not be assigned, sublet at assumed, in whole or in part, without the prior written consent of the Landlord, which consent may be withheld within Landlord’s
judgment and discretion. 
  
 14.2 Transfer of Landlord’s
Rights. Landlord may assign, convey or otherwise transfer its right, title and interest hereunder and/or in the Premises, or any portion thereof, without the consent of Tenant. 
  
 ARTICLE XV 
 Landlord’s Access 
  
 Landlord shall
have the right to enter upon the Premises at any reasonable time to: (i) examine the Premises; (ii) show the Premises to prospective purchasers, mortgagees, tenants (but as to tenants only during the last six (6) months of the Term) and insurers;
and (iii) make repairs, improvements, additions and alterations thereto, as Landlord is permitted to make; provided, however, that Landlord’s entry for any of the foregoing purposes must not unreasonably interfere with the conduct of
Tenant’s business in the Premises. Landlord shall notify Tenant prior to any such entry; provided, however, no such efforts shall be required in the event of an emergency. 
  

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 ARTICLE XVI

 Signs 
  
 16.1 Signs. Tenant, at Tenant’s cost and expense, shall have the right to install and maintain the following signs: 
  
 a. Tenant shall be permitted to place signage upon the
exterior of the Building. The size, style, location, method of attachment and all other aspects of such signage shall be subject to both Landlord’s review and any applicable laws, ordinances, codes, roles or regulations; and 
  
 b. Tenant shall be permitted to place signage upon any
monument sign located on the Project. The size, style, location, method of attachment and all other aspects of such signage shall be subject to both Landlord’s review and any applicable laws, ordinances, codes, rules or regulations. 

 
 c. Upon termination, Tenant al Tenant’s cost and
expense, shall be responsible for removal of all its signs and repair of all damage to the Building and monument sign masonry, fascia or other surface or structure caused by the installation or removal of Tenant’s signage. 
  
 ARTICLE XVII 
 Landlord’s Covenants 
  
 17.1 Landlord’s Covenant of Quiet Enjoyment. Landlord shall, subject to the provisions hereof, maintain for the benefit of Tenant the quiet and peaceful possession of the Premises for the Term. 

 
 17.2 Payment of Encumbrances, Taxes and Insurance. Landlord shall
pay on a timely basis all Taxes, mortgage and other encumbrances as required hereunder and in respect to the project. 
  
 ARTICLE XVIII 
 Surrender and
Holding Over 
  
 18.1 Surrender. Tenant shall, upon
termination of this Lease, whether by expiration of time or otherwise, peacefully surrender possession of the Premises to Landlord, and Landlord may reenter and resume possession of same. Subject to all other provisions of this Lease, Tenant shall
surrender the Premises broom clean and in as good condition as the date on which Landlord delivered possession of the Premises to Tenant, except for ordinary wear and tea. 
  
 18.2 Hiding Over. If Tenant holds over after expiration or termination of this Lease, or any extension or renewal
thereof, without the written consent of Landlord, Tenant shall pay Annual Rent equal to the Annual Rent effective immediately prior to the holdover period. No holding over by Tenant after the Term shall operate to extend the Lease. Any holding over
with the written consent of Landlord shall convert this Lease into a lease from month to month. 
  

 13 

  
 ARTICLE XIX

 Subordination; Estoppel Certificate 
  
 19.1 Subordination. So long as Landlord obtains a non-disturbance agreement (“Non-Disturbance Agreement”)
in favor of Tenant, the rights of Tenant under this Lease shall be subject and subordinate to each mortgage or deed of trust on or to the Building and/or Project, as well as to all renewals, modifications, consolidations, replacements and extensions
thereof. Tenant and Landlord agree that any Non-Disturbance Agreement shall provide that (a) in the event of the enforcement by the holder or grantee under any mortgage or deed of trust of the remedies provided for by law or by such mortgage or deed
of trust, Tenant will, as a result of such enforcement, automatically become the tenant of such holder or grantee or their respective successor(s) in interest (collectively, the “Successor”) without change in the terms or provisions of
this Lease; provided that Tenant’s agreement to become the tenant of the Successor is conditioned upon the execution of the Non-Disturbance Agreement, (b) upon request by the Successor, Tenant shall execute and deliver an instrument confirming
the attornment herein provided in a form reasonably acceptable to the Successor and Tenant, and (c) so long as an Event of Default is not in existence, after the expiration of all applicable notice, cure, and/or grace periods, and provided this
Lease has not been terminated as a result of such Event of Default, the Tenant’s leasehold estate, use, possession, tenancy, rights, and occupancy hereunder shall remain undisturbed and shall survive any action taken pursuant to the instrument
to which this Lease is subordinated. 
  
 19.2 Estoppel
Certificate. At Landlord’s or Tenant’s request, the other party shall, within ten (10) days after written request, execute an estoppel certificate or three-party agreement among Landlord, Tenant, Landlord’s Mortgagee or any other
party who may require such certificate or agreement, certifying and/or agreeing to any information and/or agreements reasonably requested by such other party. 
  

ARTICLE XX 
 Notices

  
 All notices, demands, consents and approvals which may
or are required to be given under this Lease shall be in writing and shall be deemed given (i) three (3) days following deposit in the United States Mail, certified or registered mail, postage prepaid, return receipt requested, or (ii) when received
by the other party (with evidence of receipt or refusal of service) when given by hand delivery, courier, overnight delivery or telecopy (fax). Notices shall be delivered to the following addresses: 
  

			
	If to Tenant:	  	 Centennial Bank of the West
 Attn: Paul Taylor

4650 Royal Vista Circle
 Fort Collins, CO 80528
 Telephone: (970)454-3456
 Telecopy: (970)377-0481

  

 14 

			
	With a copy to:	  	 Kenneth F. Lind, Esq.
 Lind, Lawrence & Ottenhoff
LLP
 1011 11th
Avenue
 Greeley, CO 80631
 Telephone: (970) 353-2323

Telecopy: (970) 356-1111

		
	If to Landlord:	  	 Eagle Investments, LLC
 Attn: William R.
Farr
 3535 Wagon Trail Road
 Greeley, CO 80634
 Telephone: (970) 330 3277
 Telecopy: (970) 377 0481

  
 Either party may
change its notice address, telephone or telecopier number by notifying the other party of such change. 
  
 ARTICLE XXI 
 Miscellaneous 
  
 21.1 Captions. The Article and Section headings or titles appearing
herein are for convenience only and shall not be given any effect in construing this Lease. 
  
 21.2 Certain Usage. All personal pronouns used in this Lease shall include the other gender, whether used in the masculine or feminine or neuter gender, and the singular shall include the plural wherever
appropriate. 
  
 21.3 Binding Effect. The provisions hereof
shall inure to and be binding upon Landlord and Tenant, their respective successors and permitted assigns. 
  
 21.4 No Merger. This Lease and the leasehold estate hereby created shall not merge with the fee estate in the Land or any portion thereof by reason
of the fact that the same person may acquire or hold, directly or indirectly, all or part of the fee estate and this Lease or the leasehold estate hereby created or any interest in this Lease, and this Lease shall not be terminated except as
provided herein. 
  
 21.5 No Joint Venture or Agency.
Nothing herein shall be construed or deemed to create any relationship of joint venture, partnership, master-servant or principal-agent between Landlord and Tenant. The rights, duties, obligations and liabilities of Landlord and Tenant are separate
and not joint or collective and the relationship of the parties hereto is exclusively that of Landlord and Tenant. 
  
 21.6 Brokers. Landlord and Tenant represent each to the other that there is no other broker or agent involved in this transaction. Landlord and
Tenant shall each indemnify and hold 

  

 15 

 
the other harmless against any party claiming under the indemnifying party for any fee or commission, including, without implied limitation, reasonable
attorney fees and court costs. 
  
 21.7 Applicable Law;
Severability. This Lease shall be governed by and construed in accordance with the laws of the State of Colorado and venue shall lie exclusively in Larimer County, Colorado. Each provision contained herein shall be construed lo be separate and
independent and the breach of any such provision by Landlord shall not discharge or relieve Tenant from its obligation to observe and perform each provision. If any provision of this Lease or the application thereof to any person, entity or
circumstance is to any extent invalid or unenforceable, the remainder of this Lease, or the application of such provision to persons or circumstances other than those as to which it is invalid or unenforceable, shall not be affected thereby, and
each provision hereof shall be valid and enforceable to the extent permitted by law. 
  
 21.8 Attorney Fees. If Landlord or Tenant brings any court action alleging default by the other party hereunder, the party losing such action shall pay to the prevailing party its reasonable attorney fees and
expenses and the same shall be included by the court in its judgment. 
  
 21.9 Entire Agreement: Change to Lease. This Lease contains the entire agreement of the parties hereto and supersedes, and may not be contradicted by any prior oral or written contemporaneous oral agreements between the parties. No
variations, modifications or changes hereto shall be binding upon any party unless in writing and executed by the parties. 
  
 21.10 Construction of Lease. Landlord and Tenant and each of their respective legal counsel have reviewed and revised this Lease, and the normal
rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be applied in the interpretation or application of this Lease. 
  
 21.11 Time of Essence. Time is of the essence with respect to every obligation of this Lease. 
  
 21.12 Authority. Tenant and the party executing this Lease on behalf
of Tenant represent to Landlord that such party is authorized to do so by requisite action of the board of directors, managers or partners, as the case may be, and agree. Upon request, to deliver to Landlord a resolution or similar document to that
effect. Landlord and the party executing this Lease on behalf of Landlord represent to Tenant that such party is authorized to do so by requisite action of the board of directors, managers or partners, as the case may be, and agree upon request to
deliver to Tenant a resolution or similar document to that effect. 
  

 16 

 This Lease is hereby executed and delivered effective as of the date and year first above written.

  

			
	LANDLORD:
	
	 American Eagle Investments, LLC

		
	 By:
	 	 /s/ William Farr

	 	 	 
	TENANT:
	
	 Centennial Bank of the West

		
	 By:
	 	 /s/ Paul Taylor

	 Name:
	 	 Paul Taylor

	 Title:
	 	 EVP

  

 17Lease Agreement between Stagecoach Stop, LLC and Centennial Bank of the West

 Exhibit 10.22 
  
 LEASE 
  
 between 
  
 STAGECOACH STOP, LLC 
  
 and 
  
 THE EATON BANK

  
 Dated: December 17, 1996 

					
	1.	  	AGREEMENT	  	1
			
	2.	  	PREMISES	  	1
			
	3.	  	TERM	  	1
	 	  	 a.      Initial Term
	  	1
	 	  	 b.      Option to Extend
	  	1
			
	4.	  	RENT	  	1
			
	5.	  	TAXES	  	2
	 	  	 a.      Obligation for Payment
	  	2
	 	  	 b.      Taxes Payable in Installments
	  	3
	 	  	 c.      Taxes for Period Other Than Term
	  	3
	 	  	 d.      Other Impositions
	  	3
	 	  	 e.      Right to Contest Taxes
	  	3
	 	  	 f.       Estimated Payments
	  	4
	 	  	 g.      Final Settlement
	  	4
			
	6.	  	UTILITIES	  	4
			
	7.	  	INSURANCE	  	5
	 	  	 a.      “All-Risk” Coverage
	  	5
	 	  	 b.      General Liability
	  	5
	 	  	 c.      Other Matters
	  	5
	 	  	 d.      Additional Insureds
	  	6
	 	  	 e.      Waiver
	  	6
			
	8.	  	USE	  	6
			
	9.	  	COMPLIANCE WITH LAWS (GENERALLY)	  	6
	 	  	 a.      Tenant’s Obligations
	  	6
	 	  	 b.      Tenant’s Obligations with Respect to Environmental Laws
	  	7
	 	  	 c.      Right to Contest Laws
	  	9
			
	10.	  	ASSIGNMENTS AND SUBLEASES	  	9
			
	11.	  	SIGNS	  	10
			
	12.	  	REPAIRS AND MAINTENANCE	  	10
			
	14.	  	END OF TERM	  	11
			
	15.	  	RIGHT OF FIRST REFUSAL TO PURCHASE THE PREMISES	  	11
	 	  	 a.      Grant
	  	11
	 	  	 b.      Applicable Transactions
	  	11
	 	  	 c.      Excluded Transactions
	  	12
	 	  	 d.      Conditions
	  	12
	 	  	 e.      No Assignment
	  	12
	 	  	 f.       Apportionment of Rent
	  	12

					
	 	  	 g.      No Recording
	  	12
	 	  	 h.      Time of the Essence
	  	12
			
	16.	  	DAMAGE AND DESTRUCTION	  	12
	 	  	 a.      General
	  	12
	 	  	 b.      Landlord’s Inspection
	  	13
	 	  	 c.      Landlord’s Costs
	  	14
	 	  	 d.      No Rent Abatement
	  	14
	 	  	 e.      Damage During Last Three Years
	  	14
			
	17.	  	CONDEMNATION	  	14
	 	  	 a.      Total Taking
	  	14
	 	  	 b.      Partial Taking
	  	14
	 	  	 c.      Tenant’s Award
	  	15
	 	  	 d.      Allocation of an Award for a Total Taking
	  	15
			
	18.	  	SUBORDINATION	  	16
	 	  	 a.      General
	  	16
	 	  	 b.      Attornment
	  	16
			
	19.	  	LANDLORD’S ACCESS	  	17
			
	20.	  	INDEMNIFICATION, WAIVER AND RELEASE	  	17
	 	  	 a.      Indemnification
	  	17
	 	  	 b.      Waiver and Release
	  	18
			
	21.	  	SECURITY DEPOSIT	  	18
			
	22.	  	COVENANT OF QUIET ENJOYMENT	  	18
			
	23.	  	LIMITATION ON TENANTS RECOURSE	  	19
			
	24.	  	DEFAULT	  	19
	 	  	 a.      Cure
	  	19
	 	  	 b.      Events of Default
	  	19
	 	  	 c.      Remedies
	  	20
			
	25.	  	ARBITRATION	  	22
			
	26.	  	MISCELLANEOUS	  	23
	 	  	 a.      Recordation
	  	23
	 	  	 b.      Holding Over
	  	23
	 	  	 c.      Estoppel Certificates
	  	23
	 	  	 d.      No Waiver
	  	24
	 	  	 e.      Authority
	  	24
	 	  	 f.       Notices
	  	25
	 	  	 g.      Attorneys’ Fees
	  	25
	 	  	 h.      Waiver of Jury Trial
	  	25
	 	  	 i.       Binding Effect
	  	26

  
 THE EATON BANK LEASE

  
 THIS LEASE is made on this 17th day at December, 1996, by STAGECOACH STOP, LLC, a Colorado limited liability company (“Landlord”), and THE EATON BANK (“Tenant”).

  
 1. AGREEMENT 
  
 Landlord leases the premises (as that term is defined in paragraph 2) to Tenant, and Tenant
leases the premises from Landlord, according to this lease. 
  
 2.
PREMISES 
  
 The premises are the land and building commonly known as 2700 47th
Avenue, city of Greeley, County of Weld, State of Colorado, and more particularly described as set forth on Exhibit “A” attached and incorporated by reference. 
  
 The premises include the heating, ventilating, and air conditioning systems; and the mechanical, electrical, and plumbing systems; and all
other subsystems serving the premises. 
  
 3. TERM 
  
 a. Initial Term. The term of this lease will be ten (10) years, beginning on
January 1, 1997, and expiring at midnight on December 31, 2006 unless Tenant exercises its option to extend. 
  
 b. Option to Extend. Tenant shall have two (2) five year options to extend. Tenant may extend the term until the fifteenth anniversary of the expiration
date by written notice of its election to do so given to Landlord at least one hundred eighty (180) days prior to the then effective expiration date. If Tenant has exercised its first five year option, Tenant may extend the term an additional five
years by giving written notice at least one hundred eighty (180) days prior to the end of the first option extension. The terms and conditions of the lease applicable when the option is extended will govern the extended term. 
  
 4. RENT 
  
 Rent will be calculated on a rate per square foot which is agreed to be $15.00 per square foot for years 1 through 5. The Landlord and
Tenant agree that there are nine thousand four hundred (9400) square feet in the premises. For each of the first initial 60 months of the lease, Tenant will pay Landlord Eleven Thousand Seven Hundred and Fifty ($11,750) Dollars (the “monthly
rent”) in equal consecutive monthly installments on or before the first day of each successive month during the term of this lease. 
  
 Commencing with the sixty-first (61st) month of the initial ten year term, the rent shall be increased not less than ten (10%) percent. The rent may be
increased more than ten (10%) percent, to the extent and percentage that the “prime rate” at that time is higher than the present 8.25%. But, regardless of the then prime rate, the increase in monthly rent due and payable may not exceed
twenty (20%). 

 If, and only if, the options to extend are exercised by Tenant and there is thus an obligation of the
Tenant to pay rent, the rent for months one hundred and twenty-one (121) through one hundred and eighty (180) and for months one hundred and eighty-one (181) through two hundred and forty (240) will be recalculated. The base for recalculation shall
be the rent payable for month 120 for the first extension, and, if applicable because Tenant shall have exercised its second five year option, for month 180 for the second extension. There shall be a minimum increase often (10%) percent and a
maximum increase of twenty (20%) percent of the monthly rent commencing with months 121 and 181. The term “prime rate” which is the basis for the recalculations means “The national corporate prime rate as published in the Money Rates
section of the Wall Street Journal and defined as the base rate on corporate loans posted by at least 75% of the nation’s 30 largest banks. If this publication is canceled, or the index is significantly modified, a reasonable functional
successor of this index readily available to the public will be used.” 
  
 If Tenant, at its own cost, adds square footage to the premises during the term of this lease, or any extension, these additions will not be included as additional rent or added to the above agreed square footage
subject to rent. At the conclusion of this lease, the additional square footage shall either be removed at the direction of the Landlord by the Tenant, at the Tenant’s sole expense restoring the Premises to its condition prior to the addition,
or shall become, without any further charge, the property of the Landlord. 
  
 The monthly rent will be paid in advance at the address specified for Landlord or such other place as Landlord designates, without prior demand. If the actual commencement date occurs on a day other than the first day
of a calendar month, or if the actual expiration date occurs on a day other than the last day of a calendar month, then the monthly rent for the fractional month will be prorated on a daily basis. 
  
 5. TAXES 
  
 a. Obligation for Payment. Tenant will pay all taxes (collectively the “tax”), including without limitation real
estate and personal property taxes and assessments assessed, levied, confirmed, or imposed during the term of this lease, whether or not now customary or within the contemplation of Landlord and Tenant: 
  
 i. upon, measured by, or reasonably attributable to the cost
or value of Tenant’s equipment, furniture, fixtures, and other personal property located in the premises, or by the cost or value of any leasehold improvements made in or to the premises by or for Tenant, regardless of whether title to the
improvements is in Tenant or Landlord; 
  

			
	The Eaton Bank Lease	  	2

 ii. upon or measured by the monthly rent, including without limitation any gross receipts
tax or excise lax levied by the federal government or any other governmental body with respect to the receipt of monthly rent; 
  
 iii. upon or with respect to the possession, leasing, operation, management, maintenance, alteration, repair, use, or occupancy by Tenant
of the premises or any portion of the premises; 
  
 iv. upon this transaction or any document to which Tenant is a party creating or transferring an interest or an estate in the premises; 
  
 v. upon the premises and all personal property, furniture, fixtures, and equipment, and all replacements, improvements, or additions to
them, whether owned by Landlord or Tenant; and; 
  
 vi. based in whole or in part on a monthly rent, whether made in addition or in substitution for any other tax. 
  
 b. Taxes Payable in Installments. Unless Landlord has exercised its rights under paragraph 5(f) and if, by law, any tax may at the option of the taxpayer
be paid in installments (whether or not interest accrues on the unpaid balance of the tax), Tenant may exercise the option to pay the tax (and any accrued interest on the unpaid balance of the tax) in installments; in that event, Tenant will pay the
installments that become due during the term or this lease as they become due and before any fine, penalty, further interest, or cost may be added to them. 
  
 c. Taxes for Period Other Than Term. Any tax’ including taxes that have been converted into installment payments, relating to a fiscal period of the
taxing authority, a part of which period is included within the term and a part of which is included in a period of time prior to the commencement or after the end of the term, whether or not such tax or installments are assessed, levied, confirmed,
imposed upon or in respect of, or become a lien upon the premises, or become payable, during the term, will be adjusted between Landlord and Tenant as of the commencement or end of the term, so that Tenant will pay that portion of the tax or
installment which the part of the fiscal period included in the term bears to the fiscal period, and Landlord will pay the remainder. 
  
 d. Other Impositions. Tenant will not be obligated to pay local, state, or federal net income taxes assessed against Landlord; local, state, or federal
capital levy of Landlord; or sales, excise, franchise, gift, estate, succession, inheritance, or transfer taxes of Landlord. 
  
 e. Right to Contest Taxes. Tenant will have the right to contest the amount or validity, in whole or in part, of any tax by appropriate proceedings
diligently conducted in good faith, only after paying the tax or posting such security as Landlord may reasonably require in order to protect the premises against loss or forfeiture. Upon the termination of those proceedings, Tenant will pay the
amount of the tax or part of the tax as finally determined, the payment of which may 

  

			
	The Eaton Bank Lease	  	3

 
have been deferred during the prosecution of the proceedings, together with any costs, fees, interest, penalties, or other related liabilities. Landlord will
not be required to join in any contest or proceedings unless the provisions of any laws or regulations then in effect require that the proceedings be brought by or in the name of Landlord. In that event, Landlord will join in the proceedings or
permit them to be brought in its name; however, Landlord will not be subjected to any liability for the payment of any costs or expenses in connection with any contest or proceedings, and Tenant will Indemnify- Landlord against and save Landlord
harmless from any of those costs and expenses. 
  
 f. Estimated
Payments. If any lender requires Landlord to do so, then, in each December during the term or as soon after December as practicable, Landlord will give Tenant written notice of its estimate of amounts payable under this paragraph S for the ensuing
calendar year. On or before the first day of each month during the ensuing calendar year, Tenant will pay to Landlord one-twelfth (1/12th) of the estimated amounts; however, if notice is not given in December, Tenant will continue to pay on the
basis of the prior year’s estimate until the month after notice is given. If at any time or times it appears to Landlord that the amounts payable under this paragraph 5 for the current calendar year will vary from its estimate by more than ten
percent (10%), Landlord will, by written notice to Tenant revise its estimate for the year, and subsequent payments by Tenant for such year will be based upon the revised estimate. 
  
 g. Final Settlement. Within ninety (90) days after the close of each calendar year or as soon after the ninety-day period as
practicable, Landlord will deliver to Tenant a statement of amounts payable under paragraph S for the calendar year, prepared by certified public accountants designated by Landlord or prepared by Landlord and certified by one of its officers. The
certified statement will be final and binding upon Landlord and Tenant. If the statement shows an amount owing by Tenant that is less than the estimated payments previously made by Tenant for the calendar year, the statement will be accompanied by a
refund of the excess paid by Landlord to Tenant. If the statement shows an amount owing by Tenant that is more than the estimated payments previously made by Tenant for the calendar year, Tenant will pay the deficiency to Landlord within thirty (30)
days after the delivery of the statement. 
  
 6. UTILITIES

  
 Tenant will pay the appropriate suppliers for all water, gas, electricity,
light, heat, telephone, power, and other utilities and communications services used by Tenant on the premises during the term, whether or not the services are billed directly to Tenant. Tenant will also procure, or cause to be procured, without cost
to Landlord, any and all necessary permits, licenses, or other authorizations required for the lawful and proper installation and maintenance upon the premises of wires, pipes, conduits, tubes, and other equipment and appliances for use in supplying
any of the services to and upon the premises. Landlord, upon request of Tenant, and at the sole expense and liability of Tenant, will join with Tenant in any application required for obtaining or continuing any of the services. 
  

			
	The Eaton Bank Lease	  	4

  
 7. INSURANCE 
  
 a. “All-Risk” Coverage. Tenant will, at its sole expense, obtain
and keep in force, during the term of this lease, “all-risk” coverage insurance (excluding earthquake and flood insurance) naming Landlord and Tenant as their interest may appear and other parties that Landlord or Tenant may designate as
additional insureds in the customary form in the City of Greeley for buildings and improvements of similar character, on all buildings and improvements now or after this date located on the premises. The amount of the insurance will be designated by
Landlord no more frequently than once every twelve (12) months, will be set forth on an “agreed amount endorsement” to the policy of insurance, will not be less than the agreed value of the buildings and improvements, and will be subject
to arbitration as set forth below if Landlord and Tenant do not agree with regard to such value. Landlord and Tenant agree that the value of the existing building on the premises is One Million One Hundred Thousand ($1,100,000) Dollars. 

 
 b. General Liability. Tenant will, at is sole expense, obtain and keep in
force during the term of this lease commercial general liability insurance with a combined single limit of not less than Five Hundred Thousand ($500,000) Dollars for injury to or death of any one person, for injury to or death of any number of
persons in one occurrence, and for damage to property, insuring against any and all liability of Landlord and Tenant, including without limitation coverage for contractual liability, broad form property damage, host liquor liability, and non-owned
automobile liability, with respect to the premises or arising out of the maintenance, use, or occupancy of the premises. The insurance will insure the performance by Tenant of the indemnity agreement as to liability for injury to or death of persons
and damage to property set forth in paragraph 20. The insurance will be noncontributing with any insurance that may be carried by Landlord and will contain a provision that Landlord, although named as an insured, will nevertheless be entitled to
recover under the policy for any loss, injury, or damage to Landlord, its agents, and employees, or the property of such persons. The limits and coverage of all the insurance will be adjusted by agreement of Landlord and Tenant during every third
Lease year during the term of this lease in conformity with the then prevailing custom of insurance liability in the City of Greeley and any disagreement regarding the adjustment will be submitted to arbitration in the manner provided herein.

  
 c. Other Matters. All insurance required in this paragraph and
all renewals of it will be issued by companies authorized to transact business in the State of Colorado and rated at least A+ Class X by Best’s Insurance Reports (property liability) or approved by Landlord. All insurance policies will be
subject to approval by Landlord and any lender as to form and substance; will expressly provide that the policies will not be canceled or altered without thirty (30) days’ prior written notice (to Landlord and any lender, in the case of
“all-risk” coverage insurance, and to Landlord, in the case of general liability insurance); and will, to the extent obtainable, provide that no act or omission of Tenant which would otherwise result in forfeiture or reduction of the
insurance will affect or limit the obligation of the insurance company to pay the amount of any loss sustained. Tenant may satisfy its obligation under this paragraph by appropriate endorsements of its blanket insurance policies. 
  

			
	The Eaton Bank Lease	  	5

 d. Additional Insureds. All polices of liability insurance that Tenant is obligated to maintain according
to this lease (other than any policy of workmen’s compensation insurance) will name Landlord and such other persons or firms as Landlord specifies from time to time as additional insureds. Original or copies of original policies (together with
copies of the endorsements naming Landlord, and any others specified by Landlord, as additional insureds) and evidence of the payment of all premiums of such policies will be delivered to Landlord prior to Tenant’s occupancy of the premises and
from time to time at least thirty (30) days prior to the expiration of the term of each policy. All public liability, property damage liability, and casualty policies maintained by Tenant will be written as primary policies, not contributing with
and not in excess of coverage that Landlord may carry. No insurance required to be maintained by Tenant by this paragraph will be subject to any deductible without Landlord’s prior written consent. 
  
 e. Waiver. Landlord and Tenant waive all rights to recover against each other
or against each other Tenant or occupant of the building, or against the officers, directors, shareholders, partners, joint venturers, employees, agents, customers, invitees, or business visitors of each of theirs or of any other Tenant or occupant
of the building, for any loss or damage arising from any cause covered by any insurance required to be carried by each of them pursuant to this paragraph 7 or any other insurance actually carried by each of them. Landlord and Tenant will cause their
respective insurers to issue appropriate waiver of subrogation rights endorsements to all policies of insurance carried in connection with the building or the premises or the contents of either of them. Tenant will cause all other occupants of the
premises claiming by, under, or through Tenant to execute and deliver to Landlord a waiver of claims similar to the waiver in this paragraph and to obtain such waiver of subrogation rights endorsements. 
  
 8. USE 
  
 The premises will be used primarily for banking, insurance, securities, and related financial services. 
  
 9. COMPLIANCE WITH LAWS (GENERALLY) 
  
 a. Tenant’s Obligations. Tenant will not use or occupy, or permit any
portion of the premises to be used or occupied: 
  
 i. in violation of any law, ordinaries, order, rule, regulation, certificate of occupancy, or other governmental requirement; 
  
 ii. for any disreputable business or purpose; or 
  

iii. in any manner or for any business or purpose that creates risks of fire or other hazards, or that would in any way violate,
suspend, void, or increase the rate of fire or liability or any other insurance of any kind at any time carried by Landlord upon all or any part of the building in which the premises are located or its contents. 
  

			
	The Eaton Bank Lease	  	6

 Tenant will comply with all laws, ordinances, orders, rules, regulations, and other governmental requirements relating to
the use, condition, or occupancy of the premises, and all rules, orders, regulations, and requirements of the board of fire underwriters or insurance service office, or any other similar body, having jurisdiction over the building in which the
premises are located. 
  
 b. Tenant’s Obligations with
Respect to Environmental Laws. Landlord will hold Tenant harmless from any environmental claims arising from conditions in existence at the time of commencement of this Lease. 
  
 i. Tenant and the premises will remain in compliance with all applicable laws, ordinances, and regulations
(including consent decrees and administrative orders) relating to public health and safety and protection of the environment, including those statues, laws, regulations, and ordinances identified in subparagraph vii, all as amended and modified from
time to time (collectively, “environmental laws”). All governmental permits relating to the use or operation of the premises required by applicable environmental laws are and will remain in effect, and Tenant will comply with them.

  
 ii. Tenant will not permit to occur any
release, generation, manufacture, storage, treatment, transportation, or disposal of “hazardous material,” as that term is defined in subparagraph vii, on, in, under, or from the premises. Tenant will promptly notify~ Landlord, in writing,
if Tenant has or acquires notice or knowledge that any hazardous material has been or is threatened, to be released, discharged, disposed of; transported, or stored on, in, under, or from the premises; and if any hazardous material is found on the
premises, Tenant, at its own cost and expense, will immediately take such action as is necessary to detain the spread of and remove the hazardous material to the complete satisfaction of Landlord and the appropriate governmental authorities.

  
 iii. Tenant will immediately notify~ Landlord
and provide copies upon receipt of all written complaints, claims, citations, demands, inquiries, reports, or notices relating to the condition of the premises or compliance with environmental laws. Tenant will promptly cure and have dismissed with
prejudice any of those actions and proceedings to the satisfaction of Landlord. Tenant will keep the premises free of any lien imposed pursuant to any environmental laws. 
  
 iv. Landlord will have the right at all reasonable times and from time to time to conduct environmental
audits of the premises, and Tenant will cooperate in the conduct of those audits. The audits will be conducted by a consultant of Landlord’s choosing, and if any hazardous material is detected or if a violation of any of the warranties,
representations, or covenants contained in this paragraph is discovered, the fees and expenses of such consultant will be paid additional rent under this lease on demand by Landlord. 
  
 v. If Tenant fails to comply with any of the foregoing warranties, representations, and covenants, Landlord
may cause the removal (or other cleanup acceptable 

  

			
	The Eaton Bank Lease	  	7

 
to Landlord) of any hazardous material from the premises. The costs of hazardous material removal and any other cleanup (including transportation and storage
costs) will be additional rent under this lease, whether or not a court has ordered the cleanup, and those costs will become due and payable on demand by Landlord. Tenant will give Landlord, its agents, and employees access to the premises to remove
or otherwise clean up any hazardous material. Landlord, however, has no affirmative obligation to remove or otherwise clean up any hazardous material, and this lease will not be construed as creating any such obligation. 
  
 vi. Tenant agrees to indemnify~~, defend (with counsel
reasonably acceptable to Landlord and at Tenant’s sole cast), and hold Landlord and Landlord’s affiliates, shareholders, directors, officers, employees, and agents free and harmless from and against all losses, liabilities, obligations,
penalties, claims, litigation, demands, defenses, costs, judgments, suits, proceedings, damages (including consequential damages), disbursements, or expenses of any kind (including attorneys’ and experts’ fees and expenses, and fees and
expenses incurred in investigating, defending, or prosecuting any litigation, claim, or proceeding) that may at any time be imposed upon, incurred by, or asserted or awarded against Landlord or any of them in connection with or arising from or out
of: 
  
 (1) any hazardous material on, in, under,
or affecting all or any portion of the premises; 
  
 (2) any misrepresentation, Inaccuracy, or breach of any warranty, covenant, or agreement contained or referred to in this paragraph; 
  
 (3) any violation or claim of violation by Tenant of any environmental law; or 
  
 (4) the imposition of any lien for the recovery of any costs
for environmental cleanup or other response costs relating to the release or threatened release of hazardous material. 
  
 vii. For purposes of this lease, “hazardous material” means: 
  
 (1) “hazardous substances” or “toxic substances” as those terms are defined by the
Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), 42 U.S.C. § 9601, et seq., or the Hazardous Materials Transportation Act, 49 U.S.C. § 1802, both as amended to this date and as amended after this date;

  
 (2) “hazardous wastes,” as that
term is defined by the Resource Conservation and Recovery Act (RCRA), 42 U.S.C. § 6902, et seq., as amended to this date and as amended after this date; 
  

(3) any pollutant, contaminant, or hazardous, dangerous, or toxic 
  

			
	The Eaton Bank Lease	  	8

 
chemical, material, or substance within the meaning of any other applicable federal, state, or local law, regulation, ordinance, or requirement (Including
consent decrees and administrative orders) relating to or imposing liability or standards of conduct concerning any hazardous, toxic, or dangerous waste substance or material, all as amended to this date or as amended after this date; 
  
 (4) crude oil or any fraction of it that is liquid at
standard conditions of temperature and pressure (60 degrees Fahrenheit and 14.7 pounds per square inch absolute); 
  
 (5) any radioactive material, including any source, special nuclear, or byproduct material as defined at 42 U.S.C. § 2011, et seq.,
as amended to this date or as amended after this date; 
  
 (6) asbestos in any form or condition; and 
  
 (7) polychlorinated biphenyls (PCB’s) or substances or compounds containing PCB’S. 
  
 c. Right to Contest Laws. Tenant will have the right to contest by appropriate proceedings diligently conducted in good faith in the name of the Tenant,
or, with the prior consent of the Landlord, in the name of Landlord, or both, without cost or expense to Landlord, the validity or application of any law, ordinance, order, rule, regulation, or legal requirement of any nature. If compliance with any
law, ordinance, order, rule, regulation, or requirement may legally be delayed pending the prosecution of any proceeding, without incurring any lien, charge, or liability of any kind against the premises, or Tenant’s Interest in the premises,
and without subjecting Tenant or Landlord to any liability, civil or criminal, for failure so to comply, Tenant may delay compliance until the final determination of the proceeding. Even if a lien, charge, or liability may be incurred by reason of
delay, Tenant may contest and delay, so long as (1) the contest or delay does not subject Landlord to criminal liability and (2) Tenant furnishes to Landlord security, reasonably satisfactory to Landlord, against any loss or injury by reason of any
contest or delay. Landlord will not be required to join any proceedings referred to in this paragraph unless the provision of any applicable law, rule or regulation at the time in effect requires that the proceedings be brought by or in the name of
Landlord, or both. 
  
 10. ASSIGNMENTS AND SUBLEASES 
  
 Without Landlord’s prior written consent, which Landlord agrees will not be unreasonably
withheld or delayed, Tenant will neither assign this lease in whole or in part, nor sublease all or part of the premises. Upon the sale or merger of Tenant. Tenant shall have the right to assign all its rights and duties under this lease unless the
landlord can demonstrate substantial reason(s) for objection. The Landlord will have ten (10) days after receipt of written notice from Tenant of its intention to assign this Lease to make known its objections, which must be substantive and in good
faith. 
  

			
	The Eaton Bank Lease	  	9

  
 11. SIGNS 
  
 Tenant may install signs on the premises in accordance with federal, state, and local
statutes, laws, ordinances, and codes. 
  
 12. REPAIRS AND
MAINTENANCE 
  
 Tenant will, at its sole cost and expense, maintain the premises
and make repairs, restorations, and replacements to the premises, including without limitation the heating, ventilating, air conditioning, mechanical, electrical, elevator, and plumbing systems; roof; structural roof; walls, and foundations; and the
fixtures and appurtenances to the premises as and when needed to preserve them in good working order and condition and regardless of whether the repairs, restorations, and replacements are ordinary or extraordinary, foreseeable or unforeseeable,
capital or noncapital, or the fault or not the fault of Tenant, its agents, employees, invitees, visitors, or contractors. All repairs, restorations, and replacements will be in quality and class equal to the original work or installations. If
Tenant fails to make repairs, restorations, or replacements. Landlord may make them at the expense of the Tenant and the expense will be collectible as additional rent to be paid by Tenant within fifteen (15) days after delivery of a statement for
the expense. To the extent there are any warranties or guarantees or the like surviving to Landlord, Landlord will first, in good faith, look to appropriate repair or replacements by those obligors before Tenant will be obligated under the
provisions of this paragraph. 
  
 13. ALTERATIONS 
  
 Tenant will not make any alterations, additions, or improvements to the premises without
Landlord’s prior written consent; however, Landlord’s prior written consent will not be necessary for any alteration, addition, or improvement which: 
  

a. costs less than Twenty Five Thousand ($25,000) Dollars, including labor and materials; 
  
 b. does not change the general character of the premises, or reduce the fair market value of the premises below its fair
market value prior to the alteration, addition, or improvement; 
  
 c. is made with due diligence, in a good and workmanlike manner, and in compliance with the laws, ordinances, orders, rules, regulations, certificates of occupancy, or other governmental requirements described in paragraph 9; 
  
 d. is promptly and fully paid for by Tenant; and 
  
 e. is made under the supervision of an architect or engineer reasonably
satisfactory to Landlord and in accordance with plans and specifications and cost estimates approved by Landlord. 
  

			
	The Eaton Bank Lease	  	10

 Landlord may designate a supervising architect to assure compliance with the provisions of this paragraph, and if it
does, Tenant will pay the supervising architect’s charges. Subject to Tenant’s rights in paragraph 14, all alterations, additions, fixtures, and improvements, whether temporary or permanent in character, made in or upon the premises by
Tenant, will immediately become Landlord’s property and at the end of the term of this lease will remain on the premises without compensation to Tenant. By notice given to Tenant no less than ninety (90) days prior to the end of this lease,
Landlord may require that any alterations, additions, fixtures, and improvements made in or upon the premises be removed by Tenant. In that event, Tenant will remove the alterations, additions, fixtures, and improvements at Tenant’s sole cost
and will restore the premises to the condition in which they were before the alterations, additions, and improvements were made, reasonable wear and tear excepted. 
  
 14. END OF TERM 
  
 At the end of this lease, Tenant will surrender the premises in good order and condition, ordinary wear and tear excepted. If Tenant is not then in default, Tenant may
remove from the premises any trade fixtures, equipment, and movable furniture placed in the premises by Tenant, whether or not the trade fixtures or equipment are fastened to the building. Tenant will not remove any trade fixtures or equipment
without Landlord prior written consent if the trade fixtures or equipment are used in the operation of the building or if the removal of the fixtures or equipment will impair the structure of the building. Whether or not Tenant is then in default,
Tenant will remove alternations, additions, improvements, trade fixtures, equipment, and furniture that Landlord has requested be removed in accordance with paragraph 13. Tenant will fully repair any damage occasioned by the removal of any trade
fixtures, equipment, furniture, alterations, additions, and improvements. All trade fixtures, equipment, furniture, alterations, additions, and improvements not so removed will conclusively be deemed to have been abandoned by Tenant and may be
appropriated, sold, stored, destroyed, or otherwise disposed of by Landlord without notice to Tenant or to any other person and without obligation to account for them. Tenant will pay Landlord all expenses incurred in connection with Landlord’s
disposition of such property, including without limitation the cost of repairing any damage to the building or premises caused by removal of the property. Tenant’s obligation to observe and perform this covenant this survive the end of this
lease. 
  
 15. RIGHT OF FIRST REFUSAL TO PURCHASE THE PREMISES

  
 a. Grant Landlord grants Tenant a right of first refusal to
purchase the premises pursuant to this section. 
  
 b. Applicable
Transactions. If Landlord receives an offer to purchase the premises and it intends to accept the offer, or if Landlord decides to make an offer to sell the premises. Landlord will give a written copy of the offer to Tenant. Tenant will have the
right to accept the offer by written notice to Landlord given within fifteen (15) days after Tenant’s receipt of the offer. If Tenant accepts the offer, Tenant will be bound to purchase the premises strictly in accordance with the terms of the
offer. If Tenant declines to exercise its right of first refusal, Landlord shall 

  

			
	The Eaton Bank Lease	  	11

 
have six (6) months from the date of the original offer to complete the sale strictly in accordance with the original terms of the offer. Failure to do so
reinstates Tenant’s right of first refusal, including a new fifteen (15) day option period. 
  
 So long as Landlord’s rights are not affected, Tenant has the right to bid at any foreclosure sale of the premises. 
  
 c. Excluded Transactions. Tenant does not have any right of first refusal to
purchase the premises in any of the following transactions: (i) sale of the premises to a related entity (as that term is defined in this paragraph); (ii) encumbrances of the premises; and (iii) any offer after the first one that Landlord gives to
Tenant. The term “related entity” means any corporation (A) that owns eighty percent (80%) or more of the voting stock of Landlord; (B) eighty percent (80%) or more of whose voting stock is owned by Landlord; or (C) eighty percent (80%) or
more of whose voting stock is owned by a corporation that also owns fifty (50%) percent or more of the voting stock of Landlord, or similar percentages with regard to limited liability companies. 
  
 d. Conditions. Tenant does not have any right of first refusal to purchase
the premises __ at the time Landlord received the offer or decides to make the offer: (i) Tenant is in default under this lease; or (ii) an event has occurred that would be a default under this lease after either notice or the passage of time; or
(iii) Tenant has assigned all or part of this lease or has sublet more than 20% of the premises. 
  
 e. No Assignment. The rights granted to Tenant in this section are personal and may not be assigned by Tenant in connection with an assignment of this
lease or otherwise, and Tenant’s rights in this paragraph may not be exercised by anyone other than Tenant. Any attempted assignment of Tenant’s rights in this paragraph will be of no effect, and will terminate these rights as of the date
of the purported assignment. 
  
 f. Apportionment of Rent. If
Tenant purchases the premises, prepaid rent will be credited against the purchase price. 
  
 g. No Recording. Tenant must not allow its rights in this section to be placed of record. If it does, its rights under this section will terminate as of the time of recording. No recording of Tenant’s rights in
this paragraph will be of any effect. 
  
 h. Time of the Essence.
Time is of the essence of each and every agreement and condition on this paragraph. 
  
 16. DAMAGE AND DESTRUCTION 
  
 a.
General. If the premises are damaged or destroyed by reason of fire or any other cause, Tenant will immediately notify – Landlord and will promptly repair or rebuild the building at 

  

			
	The Eaton Bank Lease	  	12

 
Tenant’s expense, so as to make the building at least equal in value to the building existing immediately prior to the occurrence and as nearly similar
to it in character as is practicable and reasonable. Landlord will apply and make available to pay to Tenant the net proceeds of any fire or other casualty insurance paid to Landlord, after deduction of any costs of collection, including
attorneys’ fees, for repairing or rebuilding as the same progresses. Payments will be made against property certified vouchers of a competent architect in charge of the work and approved by Landlord. Landlord will contribute, out of the
insurance proceeds, towards each payment to be made by or on behalf of Tenant for the repairing or rebuilding of the building, under a schedule of payments to be made by Tenant and not unreasonably objected to by Landlord, an amount in the
proportion to the payment by Tenant as the total net amount received by Landlord from insurers bears to the total estimated cost of the rebuilding or repairing. Landlord, however, may withhold from each amount so to be paid by Landlord fifteen (15%)
percent of the amount until the work of repairing or rebuilding is completed and proof has been furnished to Landlord that no lien or liability has attached or will attach to the premises or to Landlord in connection with the repairing or
rebuilding. Upon the completion of rebuilding and the furnishing of that proof; the balance of the net proceeds of the insurance will be paid to Tenant. If the proceeds of insurance are paid to the holder of any mortgage on Landlord’s interest
in the premises, Landlord will make available net proceeds of the insurance in accordance with the provisions of this paragraph. Before beginning repairs or rebuilding, or letting any contracts in connection with repairs or rebuilding, Tenant will
submit for Landlord’s approval, which approval Landlord will not unreasonably withhold or delay, complete and detailed plans and specifications for the repairs or rebuilding. Promptly after receiving Landlord’s approval of those plans and
specifications, Tenant will begin the repairs or rebuilding and will prosecute the repairs or rebuilding to completion with diligence, subject, however, to strikes, lockouts, acts of God, embargoes, governmental restrictions, and other causes beyond
Tenant’s reasonable control. Tenant will obtain and deliver to Landlord a temporary or final certificate of occupancy before the premises are reoccupied for any purpose. The repairs or rebuilding will be completed free and clear of
mechanic’s or other liens, and in accordance with the building codes and all applicable laws, ordinances, regulations, or orders of any state, municipal, or other public authority affecting the repairs or rebuilding, and also in accordance with
all requirements of the insurance rating organization, or similar body, and of any liability insurance company insuring Landlord against liability for accidents related to the premises. Any remaining proceeds of insurance after the restoration will
be Tenant’s property. 
  
 b. Landlord’s Inspection.
During the progress of repairs or rebuilding, Landlord and its architects and engineers may from time to time inspect the building and will be furnished, if required by them, with copies of all plans, shop drawing, and specifications relating to the
repairs or rebuilding. Tenant will keep all plans, shop drawings, and specifications at the building, and Landlord and its architects and engineers may examine them at all reasonable times. If; during repairs or rebuilding, Landlord and its
architects and engineers determine that the repairs or rebuilding are not being done in accordance with the approved plans and specifications. Landlord will give prompt notice in writing to Tenant, specifying in detail the particular deficiency,
omission, or other respect in which Landlord claims the repairs or rebuilding do not accord with the approved plans and specifications. Upon the receipt of that notice, Tenant will cause corrections to be made to any deficiencies, omissions, or such
other respect Tenant’s obligations 

  

			
	The Eaton Bank Lease	  	13

 
to supply insurance according to paragraph 7 will be applicable to any repairs or building under this paragraph. 
  
 c. Landlord’s Costs. The charges of any architect or engineer of
Landlord employed to pass upon any plans and specifications and to supervise and approve any construction, or for any services rendered by the architect or engineer to Landlord as contemplated by any of the provisions of this lease, will be paid by
Tenant as a cost of the repair or rebuilding. The fees of such architect or engineer will be those customarily paid for comparable services. 
  
 d. No Rent Abatement. Monthly rent and additional rent will not abate pending the repairs or rebuilding except to the extent to which Landlord receives a
net sum as proceeds of any rent insurance. 
  
 e. Damage During
Last Three Years. If at any time during the last three years of the term (as extended according to paragraph 3) the building is so damaged by fire or otherwise that the cost of restoration exceeds fifty (50%) percent of the replacement value of the
building (exclusive of foundations) immediately prior to the damage, either Landlord or Tenant may, within thirty (30) days after such damage, give notice of its election to terminate this lease and, subject to the further provisions of this
paragraph, this lease will cease on the tenth (10th) day after the delivery of that notice. Monthly rent will be apportioned and paid to the time of termination. If this lease is so terminated, Tenant will have no obligation to repair or rebuild,
and the entire insurance proceeds will belong to Landlord. 
  
 17.
CONDEMNATION 
  
 a. Total Taking, If; by exercise of the right of
eminent domain or by conveyance made in response to the threat of the exercise of such right (in either case a “taking”) all of the premises are taken, or if so much of the premises are taken that the premises (even if the restorations
described in paragraph 17.b. were to be made) cannot be used by Tenant for the purposes for which they were used immediately before the taking, this lease will end on the earlier of the vesting of title to the premises in the condemning authority or
the taking or possession of the premises by the condemning authority (in either case the “ending date”). If this lease ends according to this paragraph 17.a., prepaid rent will be appropriately prorated to the ending date. The award in a
taking subject to this paragraph 17.a. will be allocated according to paragraph 17.d. 
  
 b. Partial Taking. If; after a taking, so much of the premises remains that the premises can be used for substantially the same purposes for which they were used immediately before the taking: 
  
 i. this lease will end on the ending date as to the part of
the premises which is taken; 
  

			
	The Eaton Bank Lease	  	14

 ii. prepaid rent will be appropriately allocated to the part of the premises which is
taken and prorated to the ending date; 
  
 iii.
beginning on the day after the ending data, rent for so much of the premises as remains will be reduced in the proportion of the floor area of the building remaining after the taking to the floor area of the building before the taxing; 

 
 iv. at its cost, Tenant will restore so much of the
premises as remains to a sound architectural unit substantially suitable for the purposes for which it was used immediately before the taking, using good workmanship and new first class materials, all according to paragraph 13; 
  
 v. upon completion of restoration according to clause
17.b.iv., Landlord will pay Tenant the lesser of the net award made to Landlord on account of the taking (after deducting from the total award attorneys’, appraisers’, and other costs incurred in connection with obtaining the award, and
amounts paid to the holders of mortgages affecting the premises), or Tenant’s actual out-of-pocket cost of restoring the premises; and 
  
 vi. Landlord will keep the balance of the net award. 
  
 c. Tenant’s Award. In connection with any taking subject to paragraph 17.a. or 17.b., Tenant may prosecute its own
claim by separate proceeding against the condemning authority for damages legally due to it (such as The loss of fixtures which Tenant was entitled to remove and moving expenses) only so long as Tenant’s award does not diminish or otherwise
adversely affect Landlord’s award. 
  
 d. Allocation of an
Award for a Total Taking. If this lease ends according to paragraph 17.a., the condemnation award will be paid in the order in this paragraph 17.d. to the extent it is sufficient: 
  
 i. First, Landlord will be reimbursed for its attorneys’ fees, appraisal fees, and other costs incurred
in prosecuting the claim for the award. 
  
 ii.
Second, any lender whose loan is secured by the premises will be paid the principal balance of its loan, plus accrued and unpaid interest, and any other charges due on payment. 
  
 iii. Third, Landlord will be paid the value at the time of the award of lost rent and the reversion to the
extent they exceed the amount paid to Landlord’s lender. 
  
 iv. Fourth, Tenant will be paid its adjusted book value as of the date of the taking of its improvements (excluding trade fixtures) made to the premises. In computing its adjusted book value, improvements will be
conclusively presumed to have been depreciated or amortized for federal income tax purposes over their useful lives with a reasonable salvage value. 
  
 v. Fifth, the balance will be divided equally between Landlord and Tenant. 
  

			
	The Eaton Bank Lease	  	15

  
 18. SUBORDINATION 

 
 a. General. This lease and Tenant’s rights under this lease are
subject and subordinate to any ground lease or underlying lease, first mortgage, first deed of trust, or other first lien encumbrance or indenture, together with any renewals, extensions, modifications, consolidations, and replacements of them,
which now or at any subsequent time affect the premises, any interest of Landlord in the premises, or Landlord’s interest in this lease and the estate created by this lease (except to the extent that any such instrument expressly provides that
this lease is superior to it). This provision will be self-operative and no further instrument of subordination will be required in order to effect it. Nevertheless, Tenant will execute, acknowledge and deliver to Landlord, at any time and from time
to time, upon demand by Landlord, any documents as may be requested by Landlord, any ground Landlord or underlying lessor, or any mortgagee, or any holder of a deed of trust or other instrument described in this paragraph, to confirm or effect the
subordination. If Tenant fails or refuses to execute, acknowledge, and deliver any such document within twenty (20) days after written demand, Landlord, it successors, and assigns will be entitled to execute, acknowledge, and deliver the document on
behalf of Tenant as Tenant’s attorney-in-fact Tenant constitutes and irrevocably appoints Landlord, its successors, and assigns, as Tenant’s attorney-in-fact to execute, acknowledge, and deliver on behalf of Tenant any documents described
in this paragraph. 
  
 b. Attornment. If any holder of any
mortgage, indenture, deed of trust or other similar instrument described in subparagraph (a) succeeds to Landlord’s interest in the premises, Tenant will pay to it all rents subsequently payable under this lease. Tenant will, upon request of
anyone so succeeding to that interest of Landlord, automatically become the Tenant of; and attorn to, the successor in interest without change in this lease. The successor in interest will not be bound by (1) any payment of rent for more than one
month in advance, (2) any amendment or modification of this lease made without its written consent, (3) any claim against Landlord arising prior to the date on which the successor succeeded to Landlord’s interest, or (4) any claim or offset of
rent against the Landlord. Upon request by the successor in interest and without cost to Landlord or the successor in interest, Tenant will execute, acknowledge, and deliver an instrument or instruments confirming the attornment. The instrument of
attornment will also provide that the successor in interest will not disturb Tenant in its use of the premises in accordance with this lease. If Tenant fails or refuses to execute, acknowledge, and deliver the instrument within twenty (20) days
after written demand, the successor in interest will be entitled to execute, acknowledge, and deliver the document on behalf of Tenant as Tenant’s attorney-in-fact. Tenant constitutes and irrevocably appoints the successor in interest as
Tenant’s attorney-in-fact to execute, acknowledge, and deliver on behalf of Tenant any document described in this paragraph. 
  

			
	The Eaton Bank Lease	  	16

  
 19. LANDLORD’S ACCESS

  
 Landlord, its agents, employees, and contractors may enter the premises at any
time in response to an emergency, and at reasonable hours to (a) inspect the premises, (b) exhibit the premises to prospective purchasers, lenders, or Tenants, (c) determine whether Tenant is complying with its obligations in this lease, (d) supply
any other service which this lease requires Landlord to provide, (e) post notices of nonresponsibility or similar notices, or (f) make repairs which this lease requires Landlord to make; however, all work will be done as promptly as reasonably
possible and so as to cause as little interference to Tenant as reasonably possible. Tenant waives any claim on account of any injury or inconvenience to Tenant’s business, interference with Tenant’s business, loss of occupancy or quiet
enjoyment of the premises, or any other loss occasioned by the entry. Landlord will at all times have a key with which to unlock all of the doors in the premises (excluding Tenant’s vaults, safes, and similar areas designed in writing by Tenant
in advance). Landlord will have the right to use any means Landlord may deem proper to open doors in the premises and to the premises in an emergency in order to enter the premises. No entry to the premises by Landlord by any means will be a
forcible or unlawful entry into the premises or a detainer of the premises or an eviction, actual or constructive, of Tenant from the premises, or any part of the premises, nor will any entry entitle Tenant to damages or an abatement of rent or
other charges which this lease requires Tenant to pay. 
  
 20.
INDEMNIFICATION, WAIVER AND RELEASE 
  
 a. Indemnification. Tenant
will indemnify Landlord, its agents, and employees against, and hold Landlord, its agents, and employees harmless from, any and all demands, claims, causes of action, fines, penalties, damages (including consequential damages), losses, liabilities,
judgments, and expenses (including without limitation attorneys’ fees and court cost) incurred in connection with or arising from: 
  
 i. the use or occupancy of the premises by Tenant or any person claiming 
  
 ii. any activity, work, or thing done or permitted or suffered by Tenant in or 
  
 iii. any acts, omissions, or negligence of Tenant, any
person claiming under Tenant, or the employees, agents, contractors, invitees, or visitors of Tenant or any person; 
  
 iv. any breach, violation, or nonperformance by Tenant, any person claiming under Tenant or the employees, agents, contractors, invitees,
or visitors of Tenant or any person of any term, covenant, or provision of this lease or any law, ordinance, or governmental requirement of any kind: or 
  
 v. any injury or damage to the person, property, or business of Tenant or its employees, agents, contractors, invitees, visitors, or any
other person entering upon the premises under the express or implied invitation of Tenant, except for loss of use of all or any portion of the premises or Tenant’s property located within the premises that is proximately caused by or results
proximately from the negligence of Landlord. 
  

			
	The Eaton Bank Lease	  	17

 If any action or proceeding is brought against Landlord, its employees, or agents by reason of any claim, Tenant, upon
notice from Landlord, will defend the claim at Tenant’s expense with counsel reasonably satisfactory to Landlord. 
  
 b. Waiver and Release. Tenant waives and releases all claims against Landlord, its employees, and agents with respect to all matters for which Landlord
has disclaimed liability pursuant to the provisions of this lease. In addition, Tenant agrees that Landlord, its agents, and employees will not be liable for any loss, injury, death, or damage (including consequential damages) to persons, property,
or Tenant’s business occasioned by theft, robbery, act of God; public enemy; injunction; riot; strike; insurrection; war; court order; requisition; order of governmental body or authority; fire; explosion; falling objects; steam, water, rain or
snow; leak or flow of water (including water from the elevator system), rain or snow from the premises or into the premises or from the roof; street subsurface, or from any other place, or by dampness, or from the breakage, leakage, obstruction, or
other defects of the pipes, sprinklers, wires, appliances, plumbing, air conditioning, or lighting fixtures of the building; or from construction, repair, or alteration of the premises; or from any acts or omissions of any visitor of the premises;
or from any cause beyond Landlord’s control. 
  
 21. SECURITY
DEPOSIT 
  
 Tenant has deposited Eleven Thousand Seven Hundred and Fifty ($11,750)
Dollars with Landlord as security for Tenant’s payment of rent and performance of its other obligations under this lease, and any renewals or extensions of this lease. If Tenant defaults in its payment of rent or performance of its other
obligations under this lease, Landlord may use all or part of the security deposit for the payment of rent or any other amount in default, or for the payment of any other amount which Landlord may spend or become obligated to spend by reason on
Tenant’s default, or for the payment to Landlord of any other loss or damage which Landlord may suffer by reason of Tenant’s default. If Landlord so uses any portion of the security deposit. Tenant will restore the security deposit to its
original amount within five (5) days after written demand from Landlord. Tenant shall not be entitled to interest on the security deposit. The security deposit will not be a limitation on Landlord’s damages or other rights under this lease, or
a payment of liquidated damages, or an advance payment of the rent. If Tenant pays the rent and performs all of its other obligations under this lease, Landlord will return the unused portion of the security deposit to Tenant within sixty (60) days
after the end of the term; however, If Landlord has evidence that the security deposit has been assigned to an assignee of the lease, Landlord will return the security deposit to the assignee. Landlord may deliver the security deposit to the
purchaser of the premises and be discharged from further liability with respect to it. 
  
 22. COVENANT OF QUIET ENJOYMENT 
  
 So long as
Tenant pays the rent and performs all of its obligations in this lease, Tenant’s possession of the premises will not be disturbed by Landlord, or anyone claiming by, through or under Landlord, or by the holders of the mortgages described in
paragraph 18. 
  

			
	The Eaton Bank Lease	  	18

  
 23. LIMITATION ON
TENANT’S RECOURSE 
  
 Tenant’s sole recourse against Landlord, and any
successor to the interest of Landlord in the premises, is to the interest at Landlord, and any successor, in the premises. Tenant will not have any right to satisfy any judgment which it may have against Landlord, or any successor, from any other
assets of Landlord, or any successor. 
  
 In this paragraph the terms
“Landlord” and “successor” include the shareholders, venturers, and partners of Landlord and successor and the officers, directors, and employees of Landlord and successor. The provisions of this paragraph are not intended to
limit Tenant’s right to seek injunctive relief or specific performance, or Tenant’s right to claim the proceeds of insurance (if any) specifically maintained by Landlord for Tenant’s benefit. 
  
 24. DEFAULT 
  
 a. Cure. If Tenant fails to pay when due amounts payable under this lease or to perform any of its other obligations under
this lease within the time permitted for its performance, then Landlord, after ten (10) days’ written notice to Tenant (or, in case of any emergency, upon notice or without notice as may be reasonable under the circumstances) and without
waiving any of its rights under this lease, may (but will not be required to) pay the amount or perform the obligation. 
  
 All amounts so paid by Landlord and all costs and expenses incurred by Landlord in connection with the performance of any obligations (together with interest at the prime
rate from the date of Landlord’s payment of the amount or incurring of each cost or expense until the date of full repayment by Tenant) will be payable by Tenant to Landlord on demand. In the proof of any damages that Landlord may claim against
Tenant arising out of Tenant’s failure to maintain insurance, Landlord will not be limited to the amount of the unpaid insurance premium but will also be entitled to recover as damages for the breach the amount of any uninsured loss (to the
extent of any deficiency in the insurance required by the provisions of this lease), damages, costs and expenses of suit, including attorneys’ fees, arising out of damage to, or destruction of; the premises occurring during any period for which
Tenant has failed to provide the insurance. 
  
 b. Events of
Default. The following occurrences are “events of default”: 
  
 i. Tenant defaults in the due and punctual payment of rent, and the default continues for five (5) days after receipt of written notice from Landlord; however, Tenant will not be entitled to more than one (1) notice
for default in payment of rent during any twelve-month period, and if; within twelve (12) months after any notice, any rent is not paid when due, an event of default will have occurred without further notice; 
  
 ii. Tenant vacates or abandons the premises; 
  

			
	The Eaton Bank Lease	  	19

 iii. This lease or the premises or any part of the premises is taken upon execution or by
other process of law directed against Tenant, or is taken upon or subjected to any attachments by any creditor of Tenant or claimant against Tenant, and the attachment is not discharged within fifteen (15) days after its levy; 
  
 iv. Tenant files a petition in bankruptcy or insolvency or
for reorganization or arrangement under the bankruptcy laws of the United States or under any insolvency act of any state, or is dissolved, or makes an assignment for the benefit of creditors; 
  
 v. Involuntary proceedings under any bankruptcy laws or
insolvency act or for the dissolution of Tenant are instituted against Tenant, or a receiver or trustee is appointed for all or substantially all of Tenant’s property, and the proceeding is not dismissed or the receivership or trusteeship is
not vacated within sixty (60) days after institution or appointment; 
  
 vi. Tenant fails to take possession of the premises on the commencement date of the term; or 
  
 vii. Tenant breaches any of the other agreements, terms, covenants, or conditions that this lease requires Tenant to perform, and the
breach continues for a period of thirty (30) days after written notice by Landlord to Tenant specifying the Tenant’s breach(es). 
  
 c. Remedies. If any one or more events of default set forth in paragraph 24(b) occurs, then Landlord may, at its election, either: 
  
 i. give Tenant written notice of its intention to terminate
this lease on the date of the notice or on any later date specified in the notice, and, on the date specified in the notice, Tenant’s right to possession of the premises, will cease and the lease will be terminated, except as to Tenant’s
liability set forth in this paragraph 24.c.i., as if the date fixed in the notice were the end of the term of this lease. If this lease is terminated pursuant to the provisions of this subparagraph _, Tenant will remain liable to Landlord for
damages in an amount equal to the rent and other sums that would have been owing by Tenant under this lease for the balance of the term if this lease had not been terminated, less the net proceeds, if any, of any reletting of the premises by
Landlord subsequent to the termination, after deducting all Landlord’s reasonable expenses in connection with reletting, including without limitation the expenses set forth in paragraph 24.c.ii. Landlord will be entitled to collect damages from
Tenant monthly on the days on which the rent and other amounts would have been payable under this lease if this lease had not been terminated, and Landlord will be entitled to receive damages from Tenant on each day. Alternatively, at the option of
Landlord, if this lease is terminated. Landlord will be entitled to recover from Tenant. 
  
 (1) the worth at the time of award of the unpaid rent which had been earned at the time of termination; 
  
 (2) the worth at the time of award of the amount by which
the unpaid 

  

			
	The Eaton Bank Lease	  	20

 
rent which would have been earned after termination until the time of award exceeds the amount of rent loss that Tenant proves could reasonably have been
avoided; 
  
 (3) the worth at the time of award
of the amount by which the unpaid rent for the balance of the term of this lease after the time of award exceeds the amount of rent loss that Tenant proves could reasonably be avoided; and 
  
 (4) any other amount necessary to compensate Landlord for
all the detriment proximately caused by Tenant’s failure to perform its obligations under this lease or which in the ordinary course of things would be likely to result from the failure. 
  
 The “worth at the time of award” of the amount referred to herein is computed by
allowing interest at the lesser of 18% per annum or the highest rate permitted by law. The “worth at the time of award” of the amount referred to herein is computed by discounting the amount at the discount rate of the Federal Reserve Bank
of Kansas City at the time of award. 
  
 or 
  
 ii. without demand or notice, re-enter and take possession of
the premises or any part of the premises; repossess the premises as of the Landlord’s former estate; expel the Tenant from the premises and those claiming through or under Tenant; and remove the effects of both or either, without being deemed
guilty of any manner of trespass and without prejudice to any remedies for arrears of rent or preceding breach of covenants or conditions. If Landlord elects to re-enter as provided in this paragraph 24.c.ii., or if Landlord takes possession of the
premises pursuant to legal proceedings or pursuant to any notice provided by law, Landlord may, from time to time, without terminating this lease, relet the premises or any part of the premises, either alone or in conjunction with other portions of
the building of which the premises are a part, in Landlord’s or Tenant’s name but for the account of Tenant, for the term or terms (which may be greater or less than the period which would otherwise have constituted the balance of the term
of this lease) and on such terms and conditions (which may include concessions of free rent, and the alteration and repair of the premises) as Landlord, in its uncontrolled discretion, may determine. Landlord may collect and receive the rents for
the premises. Landlord will not be responsible or liable for any failure to relet the premises, or any part of the premises, or for any failure to collect any rent due upon the reletting. No re-entry or taking possession of the premises by Landlord
will be construed as an election on Landlord’s part to terminate this lease unless a written notice of the intention is given to Tenant. No notice from Landlord under this lease or under a forcible entry and detainer statute or similar law will
constitute an election by Landlord to terminate this lease unless the notice specifically says so. Landlord reserves the right following any re-entry or reletting, or both, to exercise its right to terminate this lease by giving Tenant written
notice, and in that event the lease will terminate as specified in the notice. If Landlord elects to take possession of the premises according to this paragraph 24.c.ii. without terminating the lease, Tenant will pay Landlord the rent and other sums
which would be payable under this lease if the repossession had not occurred, less the net proceeds, if any, of any reletting of the premises after deducting all of Landlord’s expenses incurred in connection with the reletting, 

  

			
	The Eaton Bank Lease	  	21

 
including without limitation all repossession costs, brokerage commissions, legal expenses, attorneys’ fees, expenses of employees, alteration,
remodeling and repair costs, and expenses of preparation for the reletting. If; in connection with any reletting, the new lease term extends beyond the existing term, or the premises covered by the reletting include areas that are not part of the
premises, a fair apportionment of the rent received from the reletting and the expenses incurred in connection with the reletting will be made in determining the net proceeds received from reletting. In addition, in determining the net proceeds from
reletting, any rent concessions will be apportioned over the term of the new lease. Tenant will pay the amounts to Landlord monthly on the days on which the rent and all other amounts owing under this lease would have been payable if possession had
not been retaken, and Landlord will be entitled to receive the rent and other amounts from Tenant on each day. 
  
 25. ARBITRATION 
  
 These
procedures will govern any arbitration according to this lease: 
  
 a. Arbitration will be commenced by a written demand made by Landlord or Tenant upon the other. The written demand will contain a statement of the question to be arbitrated and the name and address of the arbitrator appointed by the
demandant. Within ten (10) days after its receipt of the written demand, the other will give the demandant written notice of the name and address of its arbitrator. Within Ten (10) days after the date of the appointment of the second arbitrator, the
two arbitrators will meet. If the two arbitrators are unable to resolve the question in dispute within ten (10) days after their first meeting, they will select a third arbitrator. The third arbitrator will be designated as chairman and will
immediately give Landlord and Tenant written notice of his/her appointment. The three arbitrators will meet within ten (10) days after the appointment of the third arbitrator. If they are unable to resolve the question in dispute within ten (10)
days after their first meeting, the third arbitrator will select a time, date, and place for a hearing and will give Landlord and Tenant thirty (30) days’ prior written notice of it. The date for the hearing will not be more than sixty (60)
days after the date of appointment of the third arbitrator. The first two arbitrators may be partial. The third arbitrator must be neutral. All of the arbitrators must have been active in the profession of banking, real estate or law and in good
standing; not being professionally suspended or disbarred. 
  
 b.
At the hearing, Landlord and Tenant will each be allowed to present testimony and tangible evidence and to cross-examine each other’s witnesses. The arbitrators may make additional rules for the conduct of the hearing or the preparation for it.
The arbitrators will render their written decision to Landlord and Tenant not more than thirty (30) days after the last day of the hearing. 
  
 c. If the one of whom arbitration is demanded fails to appoint its arbitrator within the time specified, or if the two arbitrators appointed are unable to
agree on an appointment of the third arbitrator within the time specified, either Landlord or Tenant may petition a justice of the 11th Judicial District Court of the State of Colorado to appoint a third arbitrator. The petitioner will give the
other five (5) days’ written notice before filing its petition. 
  

			
	The Eaton Bank Lease	  	22

 d. The arbitration will be governed by the Arbitration Law of the State of Colorado, and, when not in
conflict with that law, by the general procedures in the Commercial Arbitration Rules of the American Arbitration Association. 
  
 e. The arbitrators will not have power to add to, modify, detract from, or alter in any way the provisions of this lease or any amendments or supplements
to this lease. The written decision of at least two arbitrators will be conclusive and binding upon Landlord and Tenant. No arbitrator is authorized to make an award of punitive or exemplary damages. 
  
 f. Landlord and Tenant will each pay for the services of its appointees,
attorneys, and witnesses, plus one-half ( 1/2) of all other proper costs relating to the arbitration.

  
 g. The decision of the arbitrators will be final and
non-appealable, and may be enforced according to the laws of the State of Colorado. 
  
 26. MISCELLANEOUS 
  
 a.
Recordation. Tenant’s recordation of this lease or any memorandum or short form of it will be void and a default under this lease. 
  
 b. Holding Over. If Tenant remains in possession of the premises after the end of this lease. Tenant will occupy the premises as a Tenant from month to
month, subject to all conditions, provisions, and obligations of this lease in effect on the last day of the term. 
  
 c. Estoppel Certificates. Within no more than twenty (20) days after written request by Landlord, Tenant will execute, acknowledge, and deliver to
Landlord a certificate stating: 
  
 i. that this
lease is unmodified and in full force and effect, or, if the lease is modified, the way in which it is modified accompanied by a copy of the modification agreement; 
  
 ii. the date to which rental and other sums payable under this lease have been paid; 
  
 iii. that no notice has been received by Tenant of any
default which has not been cured, or, if the default has not been cured, what Tenant intends to do in order to effect the cure, and when it will do so: 
  
 iv. that Tenant has accepted and occupied the premises; 
  
 v. that Tenant has no claim or offset against Landlord, or, if it does, stating the date of the assignment
and assignee (if known to Tenant); and 
  
 vi.
other matters as may be reasonably requested by Landlord. 
  

			
	The Eaton Bank Lease	  	23

 Any certificate may be relied upon by any prospective purchaser of the premises and any prospective mortgagee or
beneficiary under any deed of trust or mortgage encumbering the premises. If Landlord submits a completed certificate to Tenant, and if Tenant fails to object to its contents within ten (10) days after its receipt of the completed certificate, the
matters stated in the certificate will conclusively be deemed to be correct. Furthermore, Tenant irrevocably appoints Landlord as Tenant’s attorney-in-fact to execute and deliver on Tenant’s behalf any completed certificate to which Tenant
does not object within ten (10) days after its receipt. 
  
 d. No
Waiver. No waiver of any condition or agreement in this lease by either Landlord or Tenant will imply or constitute a further waiver by such party of the same or any other condition or agreement. No act or thing done by Landlord or Landlord’s
agents during the term of this lease will be deemed an acceptance of a surrender of the premises, and no agreement to accept the surrender will be valid unless in writing signed by Landlord. The delivery of Tenant’s keys to any employee or
agent of Landlord will not constitute a termination of this lease unless Landlord has entered into a written agreement to that effect. No payment by Tenant, or receipt from Landlord, of a lesser amount than the rent or other charges stipulated in
this lease will be deemed to be anything other than a payment on account of the earliest stipulated rent. No endorsement or statement on any check or any letter accompanying any check or payment as rent will be deemed an accord and satisfaction.
Landlord will accept the check for payment without prejudice to Landlord’s right to recover the balance of the rent or to pursue any other remedy available to Landlord. If this lease is assigned, or if the premises or any part of the premises
are sublet or occupied by anyone other than Tenant, Landlord may collect rent from the assignee, subtenant, or occupant and apply the net amount collected to the rent reserved in this lease. No collection will be deemed: a waiver of the covenant in
this lease against assignment and subletting; the acceptance of the assignee, subtenant or occupant as Tenant; or, a release of Tenant from the complete performance by Tenant of its covenants in this lease. 
  
 e. Authority. Tenant warrants to Landlord that Tenant is a duly authorized
and existing corporation, that Tenant is qualified to do business in the State of Colorado, that Tenant has full right and authority to enter into this lease, and that each and every person signing on behalf of Tenant is authorized to do so. Upon
Landlord’s request, Tenant will provide evidence satisfactory to Landlord confirming these representations. 
  

			
	The Eaton Bank Lease	  	24

 f. Notices. Any notice, request, demand, consent, approval, or other communication required or permitted
under this lease will be written and will be deemed to have been given (1) when personally delivered, (2) when served pursuant to the Colorado Rules of Civil Procedure, or (3) on the fifth (5th) day after it is deposited in any depository regularly
maintained by the United States postal service, postage prepaid, certified or registered mail, return receipt requested, addressed to: 
  

			
	Landlord:	  	 STAGECOACH STOP, LLC
 2700-47th Avenue
 Greeley, Colorado 80634

		
	with a copy at the same time to:	  	 David M. Summers, Esq.
 5670 Greenwood Plaza Blvd,
Suite 422
 Englewood, Colorado 80111

		
	Tenant:	  	 THE EATON BANK
 100 Oak Avenue,
 Eaton, Colorado 80615

		
	with a copy at the same time to:	  	 Phillip S. DeCaro, Esq.
 665 Vista Grande
Dr.,
 Colorado Springs, Colorado 80906

  
 Either Landlord or Tenant may change
its address or addressee for purposes of this paragraph by giving ten (10) days’ prior notice according to this paragraph. Any notice from Landlord to Tenant will be deemed to have been given if delivered to the premises, addressed to Tenant,
whether or not Tenant has vacated or abandoned the premises. 
  
 g. Attorneys’ Fees. If Landlord and Tenant litigate any provision of this lease or the subject matter of this lease, the unsuccessful litigant will pay to the successful litigant all costs and expenses, including reasonable
attorneys’ fees and court costs, incurred by the successful litigation at trial and on any appeal. If; without fault, either Landlord or Tenant is made a party to any litigation instituted by or against the other, the other will indemnify~r the
faultless one against all loss, liability, and expense, including reasonable attorneys’ fees and court costs, incurred by it in connection with the litigation. 
  
 h. Waiver of Jury Trial. Landlord and Tenant waive trial by jury in any action, proceeding, or counterclaim brought by
either of them against the other on all matters arising out of this lease or the use and occupancy of the premises (except claims for personal injury or property damage). If Landlord commences any summary proceeding for nonpayment of rent. Tenant
will not interpose (and waives the right to interpose) any counterclaim in any proceeding. 
  

			
	The Eaton Bank Lease	  	25

 i. Binding Effect. This lease will inure to the benefit of; and will be binding upon, Landlord’s
successor and assigns. This lease will inure to the benefit of; and will be binding upon, the Tenant’s successors and assigns so long as the succession or assignment is permitted by paragraph 10. 
  
 Landlord and Tenant have executed this lease as of the first date in this lease. 

 

									
	 Landlord:
	 	 	 	STAGECOACH STOP, LLC
					
	 	 	 	 	 	 	By:	 	 /s/ William R. Farr

	 	 	 	 	 	 	 	 	 William R. Farr, Manager

			
	 Tenant:
	 	 	 	THE EATON BANK
					
	 	 	 	 	 	 	By:	 	 /s/ William W. Howard

	 	 	 	 	 	 	 	 	 Name and Title

	 	 	 	 	 	 	 	 	 William W. Howard

	 	 	 	 	 	 	 	 	 Senior Vice Pres & Cashier

  

			
	The Eaton Bank Lease	  	26

			
	STATE OF COLORADO	  	)
	 	  	)ss
	COUNTY OF Weed	  	)

  
 The foregoing
instrument was acknowledged before me this 17th day of December 1996, by William R. Farr as President [position] of
THE EATON BANK. 
  
 Witness my hand and official seal. 

 

	
	
	/s/ Corrie S. Bailey
	Notary Public

  
 My commission expires: 9-17-98

  

			
	STATE OF COLORADO	  	)
	 	  	)ss
	COUNTY OF Weed	  	)

  
 The foregoing
instrument was acknowledged before me this 17th day of December 1996, by William W. Howard as Sr. Vice President
& Cashier [position] of STAGECOACH STOP, LLC., a Colorado limited liability company. 
  
 Witness my hand and official seal. 
  

	
	
	/s/ Corrie S. Bailey
	Notary Public

  
 My commission expires: 9-17-98

  

			
	The Eaton Bank Lease	  	27

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