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1e128/2902 15:14 9709457081 STEWART TITLE PAGE 17129
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<br />RECORpA710N REQUESTEP gY:
<br />Alpine 8onk
<br />Alp�ne Benk NEw Ceatle
<br />a�o caone veney eeurovard
<br />llew Caelle, CD a76a7
<br />WNEN RECORbED NWIL T0:
<br />Alplf+t eenk lpen Cenler
<br />4ao 71� Streel Soulh
<br />w0e, CO e166o
<br />SENO TAX NOTIC�S TO'
<br />9_ F. 6 M. E. �R1FA: LIJ-P
<br />BIU.PORTER
<br />�5�"I COUNTY ROAD 31J
<br />w �
<br />1 ������� � DE�D OF TRUST
<br />THIS DEED OF TRUS7 Is debed Scptember 19, 2002, ernong �. F. & M. E. PORTER, LLLP end BILL
<br />P4HTER ("Grarrtor"); Alpine Bank, whoae addresg la Alpine 9enk New CasUe, 870 Castle Valley
<br />Bouleverd, Naw Caaile, GO 876a7 {relerred to below sometimea as "Lender" snd sonnetimes as
<br />^Beneffciary"); and the Puhllc 'ffuatee o1 GARFIELD CouMy, Golorado (reterred to de{aw �g a'TYuatee'}•
<br />COµ�ANC� 11N0 GRANT. For v�lumle eonoldNatlon Granlor nercoy Inevoeobly pranta, �rsnsM.�s ene neeiens tu Truslee fu ��°
<br />benoMl o� LenGer �s 9eneBClery aN o� Grenlor's d8ht, plle, and lnkrest �n and Io !he roqow�np descrlDed rnol properky. 1ogo�Mr wUh all
<br />eoc�ling a subooquently ereNoO a eHlxed b�alnps irnD�O�ernenls e�d flr41r95; eq edsemrenre, �iphLs � wa� snd oppurtenenoo:; �I weler,
<br />wa�or dOnffi end d��h rig�ts (Indu�ne slxk �� utAlllos wllh di�cn or krlQsAon dBnls); and e� o��� rlghls roYa�e and D�o61e wleNn4 Ic tne
<br />reol properly, Includlnp wltl+out IImfIQtWn ell minwqb, dl. 9�w Doomermel end •rmner mauea. (the '�Rea1 Property") loceled In
<br />C„4RFiELD CouMy, Stele of Coloradv:
<br />SEE ATTCHED LEGAL DESCRIP710N (E)WIBIT "A")
<br />ANY AND ALL WATER RIG� NOW OWNED IINb HEREAF7ER ACQVIRED
<br />The Re�l Properly o� ��s addreos ia commonry known aa 2571 COU� ROAD 3ta, NEW �ASTLE, CO
<br />8164T.
<br />CROS�COLLA'iERN-�7J►170N. In add111on lo Ihe Nole, Inls Oeed ol Tnnt se�wes bo onllpallons. debb en6 ��eb'�ities, plus Inbresl
<br />the�eon, of Berccwer lo I.e�dx. or eny ono or mo►e o� �hom, es well a; au delm9 6y Lendoi a�slnsl9onowe► o� ary ono or more or Innrn,
<br />wAelher noW ��tlnp or hereallor er151n0� „ '���r feleteG or U��91BOed lo Iho pufpoBe o� the Nole, Wtlethgr volunYery Or othBrwl9e, whalhor
<br />dua or noi duo, dlrea a Indkocl, eetemdnyd or undeterminmd, ebsalule ar conurgenl, hQUldeiad a vn�buctlaled Wha�l+or 9orraWer a
<br />�ranlor mey Ce �iqhln Inavlauelry nr )elrnry WM owo�s, whelhar ohllpeled es gtureMor�'�a of NmI1eU ns�end w ne t Der� the ob� palbn lo
<br />whel�� roeouery uDan such emounls may Da or heroolla rney become herred by a�+y =
<br />�opey sucA emou�s mey be or ►area0er maY boc�oma olherwlso unenforceable.
<br />REVOLYING LINE OF CqeDIT. 3peolllcany, In ed011be to 1he amounle epeNFleO In me InGM�neas dellnivan. end wl�noul
<br />Nmllelloe, tnls DeeA o1 Trusl Meurea e reVO�rinp une at trcai�, wAlch obll9stea Lender io mdae �dvs��ee l0 9orrowa' aa �u^0 �e
<br />Honrowe� com�qlea wHh a�� me tarms o( me Hole.
<br />Oren�a presently assians ro �encer [A� o e all R n�B�m Propwiy. In add�llo�n,�Or�an or e�nM Lende��a Un �rm Com�merde� Coda
<br />Pf96Bn� qnd k1N�9 IB889s of Ih9 PfOp9f�y
<br />securlN �^�e�asl in U+e Peno�wl Properly and FOenle.
<br />THIS DEED OF TRUST, INCLIJDING 'THE A9SIGNMENT 0� �TS ANO 71iE SECl1RIT' �M�EST IN � p�TS �ND PEASONAL
<br />PROPEqTY� IS GIUEN TO 3ECtA7E �A) PATMENT OF TNE IND�BTEONESS AN� (B� PERFOFlMANCE' OF ANY ANO AI-L
<br />oBLIGAT1Dt� UNDEP'�uS DEEO OP TFIUST. ?Hls DEED OF TFlJ87 IS OIVEN AND ACGEPTED ON 7ME FoLLOWING TERMS:
<br />pPItNTpii�s REPRES�ATION6 ANO WAqRnNT1E3. G�antar warcer� Ihne (e) Ihis �e d Tn� b���ed at eorrowe�'s roq�eel
<br />Pf� ed � c) Ihe ovislo d �D d oF T� s do nvl Co Mcl wR �resull 1n ��dele II unde� ny apr�ae em or olher slr bin0lnp
<br />uvo� C�nntor aad do �ol reeuN In u vlolellon of arry law; rep�lonon, �ourt deeree or ordor npaliceb�e io 6ranlor, (d) Granlor has os�ablished
<br />adequaio meena oi obloinlnp Irom Bo��owe� on n cernlnulnB bnsls I�formaBon e0au1 Borrower'a fi�au�l condluo�: end (e) Lo�� �AS
<br />mede oo represoniellon lo G�Q��a a�ou� Bonower (Indu�np wflhou� ilmlleNon tho credllwo<«ncss d Borrowa).
<br />ORANTOR�& WaIV�R9. Grnnlor welvos all rlghls or darenses e.�s�ng by resso� d enY "one ncuon" or "anli-dellclency' lew, a ar+y olner iew
<br />whie� rnay D�a'e�� ���r (rom bring�ng anY aetlo� epolr�sl [we�or, tneluaing e of nlm }or dena�sney to tho ��� �e^dor fs othervrlsa �dlled
<br />lo q delm ior d911Ce�cy, belore a a��er lc^dai"e commencament or cemplellon o1 nny raedxure ecllon, oRher )ud�c�aey a Dy e�aercise or a
<br />DoL^er d .91e.
<br />PAYMEMr AF7� PERF067MANCE. Ex�mp� sa o�hB�+�e Dravld9d In this Dwd al 1YUSl, �orcower shmlt pey Io LOnCer all �nde6led�sas
<br />securod Oy (AIs Daed oF Trusl a; il hecomas due, a�d Bonower and Grar�or shaA urlelly DeAorm ell thqle rmspeetNa obNpetlons un0er Ihe
<br />Nolo, lMS Deed o� TrusL entl Iho Releled Documents.
<br />P�SSESS�� 4N� MAIWTENI►NCE OF THE ppOPERTV. Bouower and Geeatw ap� ��at BorroweYS en0 G�enlere po:oaa9lon a�d use
<br />ol me Propedy eheN be 9o�omad by the f�llowloe Drovlalon�:
<br />Pos9eeelon ane Uee. L1n0� �ho eecurrenco ol an Evant ol 0ebu��. C+�anror rnsy (1) remaln In possesslan and oo�rel at Ihe ProparlY.
<br />(2) us�+, ope�ale or mgnege Ihe P���1Y� a�d �2) collec! t�e Re�l: hom tne Properb•
<br />Duly Io Malnlaln. Gr�nto� shqn malntaln Ine ProvarW �n lenentuble condi:wn end D�ompoy pe�6�m all repolre, rep4.+oa��� and
<br />melnlenence necessary � preseryo Ils velue.
<br />Cpmp�a�� W�m Envlronmentet L�Wa Grenlor repre9enls ona waRame io Lend�r inek (1) Dudna �he De�od of Granb�s
<br />ownershlD 0� �he GroDe�ry, l�ere hos Deen na �e, penemllon, me�ulacwre slwnoe. �reai Gn n � ^���re� o, or lo
<br />o� a�y He�rdous 3uDel��co Dy eny person on, u�der, Bbou[ ol ffom Iha PfoDg�Y% lZ1 e e braoeh or �lalullo� o�
<br />bdpYO �nnt thore nao eoon, �oaPt ��� Qe�� S�o 4go,�eB1�n1, d9P09d,Nrolaa99 o r lhronlBn9d rolofl96 01 ¢nY
<br />airy EnvVOnmenld La+�s. (b} any � ow�pr. er oCCUpenl9 0� IhB ProOa��Y� � 1�1 e^Y ��� �
<br />H�rnreo� SubYlenee o�, unler, abou� or (rom �e Propedy by eny D i oy vlou alsclaod ro a�d
<br />�F�ronlanBd Il�gallon or clo�me of e�y klnd Dy 4�y Derson rdullnq lo vuo� mellon; and (3) Fxeep p�e -M
<br />acknounedgod by �enoer �� wmlrb, (a) nellhe� C,eanlor na any lenan�, eo�trectar, epenl ar olher euthorlxeG user ot theD r � e�v shall
<br />eny suen s�MM s wnduded In l eompn�neo r wllh al oppN abae oderal�slea, end loes� �ulalloM ane adln nces�
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