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<br />1 <br /> <br />at said note or certificate of purchase, or any thereof, shall be entitled to a Receiver for said Property, and of the rents, issues and profits <br />thereof. after such default, including the time covered by foreclosure proceedings and the period of redemption, if any there be, and shall be <br />entitled thereto as a matter of right without regard to the solvency or insolvency of the GRANTOR or of the then owner of said Property and <br />without regard to the value thereof, and such Receiver may be appointed by any court of competent jurisdiction upon ex parte application and <br />without notice. notice being hereby expressly waived. and all rents, issues and profits, income and revenue therefrom shall be applied by such <br />Receiver to the payment of the indebtedness hereby secured, according to the law and the orders and directions of the court. <br /> <br />And, that in case of default in any of said payments of principal or interest, according to the tenor and effect of said promissory note or <br />any part thereof, or of a breach or violation of any of the covenants or agreements contained herein and in the Contract, by the GRANTOR, its <br />successors or assigns, then and in that case the whole of said principal sum hereby secured, and the interest thereon to the time of the sale, <br />may at once, at the option of the legal holder thereof. become due and payable, and the said Property be sold in the manner and with the same <br />effect as if said indebtedness had matured, and that if foreclosure be made by the PUBLIC TRUSTEE, an attorney's fee in a reasonable amount <br />for services in the supervision of said foreclosure proceedings shall be allowed by the PUBLIC TRUSTEE as a part of the cost of foreclosure, and <br />if foreclosure be made through the courts a reasonable attorney's fee shall be taxed by the court as a part of the cost of such foreclosure <br />proceedings. <br /> <br />It is further understood and agreed, that if a release or a partial release of this Deed of Trust is required, the GRANTOR, its successors <br />or assigns will pay the expense thereof; that all the covenants and agreements contained herein and in the Contract shall extend to and be binding <br />upon the successors or assigns of the respective parties hereto; and that the singular number shall include the plural, the plural the singular, and <br />the use of any gender shall be applicabie to all genders. <br /> <br />Executed the day and date first written above. <br /> <br />~ '1 '- <br /> <br />,~\::.:,:'l d:>, <br /> <br />of ..",-. .*~, ";A" <br /> <br />t'" .., ~l- I SE.j\ (r <br />f ,:~~:;.,1l\'..' ti~ <br />''-(' . r-~ ;_\ ( ~ "'..;L../ - jJ <br />.;; ~ \)ItT~~ : ". .. ~ . . ~-4'-( <br />. ". . ~ ..,-'. th A. labrouche Secretary <br />,-... "'. C';; l \' " < . . . <br />1 -...."'..-..:.,.. <br />if s s (} C:, \ \.... <br /> <br />Vouga Reservoir Association., . <br /> <br />~ ~ . <br />-/ / -" <br />By . ~ _ -.: ~ '<{}./<< A-"2 <br />Remy labro e, President ---..... <br /> <br />State of Colorado <br />County of /l7~ <br /> <br />} <br /> <br />tANCEU.Jf.IJ <br />CONNIE !~.,IRUJiLLO <br />SAGUACHE. COUNT'{ <br />PUB~q ~~ag~.".., <br />DATE_._l\~~Jl <br />QECEP1\ON # ,-". ,,'" <br /> <br />SS <br /> <br />--M; ~ <br />The foregoing instrument was acknowledged before me this /7 - day of ,. ~ <br />by Remy labrouche and Ruth A. labrouche. Witness my hand and official seal. / <br /> <br />(Jd/-oI/1k ~--r-.d~-V' <br />Notfr;~#ic? <br /> <br />1996, <br /> <br />My commission expires <br /> <br />/~ cl-.i/- d~ <br /> <br /> <br />Reception Number 316867 File Date 09/19/96. 02:52 PM Page 3 of 3 <br />Ma.rlene L. Prui.tt. Sa.guache County Clerk and Recorder <br />