|
<br />'r
<br />
<br />instrument; where only the county and state is given as the address then such notice shall
<br />be mailed to the county seat, and to make and give to the purchaser of the Property at
<br />such sale, a certificate in writing describing the Property purchased, and the sum paid
<br />therefor, and the time when the purchaser (or other person entitled thereto) shall be
<br />entitled to the deed therefor, unless the same shall be redeemed as is provided by law;
<br />
<br />"and said PUBLIC TRUSTEE shall, upon demand by the person holding the said certificate of
<br />purchase, when said demand is made, or upon demand by the person entitled to a deed
<br />to and for the Property purchased, at the time such demand is made, the time for
<br />redemption having expired, make and execute to such person a deed to the Property
<br />purchased, which said deed shall be in the ordinary form of a conveyance, and shall be
<br />signed, acknowledged and delivered by the said PUBLIC TRUSTEE and shall convey and
<br />quitclaim to such person entitled to such deed, the Property purchased as aforesaid and
<br />all the right, title, interest, benefit and equity of redemption of the GRANTOR, its successors
<br />and assigns made therein, and shall recite the sum for which the said Property was sold
<br />and shall refer to the power of sale therein contained, and to the sale made by virtue
<br />thereof; and in case of an assignment of such certificate of purchase, or in case of the
<br />redemption of the Property, by a subsequent encumbrancer, such assignment or
<br />redemption shall also be referred to in such deed; but the notice of sale need not be set
<br />out in such deed and the PUBLIC TRUSTEE shall, out of the proceeds or avails of such sale,
<br />after first paying and retaining all fees, charges and costs of making said sale, pay to the
<br />beneficiary hereunder the principal and interest due on said note according to the tenor
<br />and effect thereof, and all moneys advanced by such beneficiary or legal holder of said
<br />note for insurance, taxes and assessments, with interest thereon at ten per cent per
<br />annum, rendering the surplus, if any, unto the GRANTOR, its legal representatives or
<br />assigns; which sale and said deed so made shall be a perpetual bar, both in law and
<br />equity, against the GRANTOR, its successors and assigns, and all other persons claiming
<br />the Property, or any part thereof, by, from, through or under the GRANTOR, or any of them.
<br />The holder of said note may purchase Property or any part thereof; and it shall not be
<br />obligatory upon the purchaser at any such sale to see to the application of the purchase
<br />money.
<br />
<br />And the GRANTOR, for itself and its successors or assigns covenants and agrees to
<br />and with the PUBLIC TRUSTEE, that at the time of the unsealing of and delivery of these
<br />presents it is well seized of the Property in fee simple, and has good right, full power and
<br />lawful authority to grant, bargain, sell and convey the same in the. manner and form as
<br />aforesaid; hereby fully and absolutely waiving and releasing all rights and claims it may
<br />have in or to said Property as a Homestead Exemption, or other exemption, under and by
<br />virtue of a~y act of the General Assembly of the State of Colorado, or as any exemption
<br />under and by virtue of any act of the United States Congress, now existing or which may
<br />hereafter be passed in relation thereto and that the same is free and clear of all liens and
<br />encumbrances whatever, and the above bargained Property in the quiet and peaceable
<br />possession of the PUBLIC TRUSTEE, its successors and assigns, against all and every
<br />person or persons lawfully claiming or to claim the whole or any part thereof, the
<br />
|