<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 />
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<br />.;; ~ \)ItT~~ : ". .. ~ . . ~-4'-(
<br />. ". . ~ ..,-'. th A. labrouche Secretary
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<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
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