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835060 05/01/2006 :27P B1241 P812 C. IN z � <br />� GMIRE <br />2 of 2 R 11.00 D 0.00 Morgan County, CO <br />convey the same in the manner and form as aforesaid. The GRANTOR fully waives and releases all <br />rights and claims it may have in or to said COLLATERAL as a Homestead Exemption or other <br />exemption, now or hereafter provided by law. The GRANTOR further covenants that the collateral is <br />free and clear of all liens and encumbrances whatever and that the GRANTOR shall warrant and <br />forever defend the COLLATERAL in the quiet and peaceable possession of the PUBLIC TRUSTEE, its <br />successors and assigns, against all and every person or persons lawfully claiming or to claim the <br />whole or any part thereof. <br />Until payment in full of the indebtedness, the GRANTOR shall timely pay all taxes and <br />assessments levied on the COLLATERAL; any and all amounts due on account of the principal and <br />interest or other sums on any senior encumbrances, if any; and will keep the COLLATERAL insured in <br />accordance with the requirements of the LOAN CONTRACT. In the event of the sale or transfer of the <br />COLLATERAL, the BENEFICIARY, at its option, may declare the entire balance of the note immediately <br />due and payable. <br />In case of default in any of said payments of the principal or interest, according to the terms of <br />said Promissory Note or LOAN CONTRACT, by the GRANTOR, its successors or assigns, then said <br />principal sum hereby secured, and interest thereon, may at once, at the option of the BENEFICIARY, <br />become due and payable, and the said COLLATERAL be sold in the manner and with the same effect <br />as if said indebtedness had matured, and that if foreclosure be made by the PUBLIC TRUSTEE, an <br />attorney's fee in a reasonable amount for services in the supervision of said foreclosure proceedings <br />shall be allowed by the PUBLIC TRUSTEE as a part of the cost of foreclosure, and if foreclosure be <br />made through the courts a reasonable attorney's fee shall be taxed by the court as a part of the cost <br />of such foreclosure proceedings. <br />It is further understood and agreed, that if a release or a partial release of this Deed of Trust is <br />required, the GRANTOR, its successors or assigns will pay the expense thereof; that all the covenants <br />and agreements contained herein and in the Promissory Note and LOAN CONTRACT shall extend to <br />and be binding upon the successors or assigns of the respective parties hereto; and that the singular <br />number shall include the plural, the plural the singular, and the use of any gender shall be applicable <br />to all genders. <br />z <br />ted the day and date first written above. <br />Orphan Wells of Wiggins, L.L.C., a Colorado limited <br />liability company <br />(SEAL) <br />B <br />Steve Bruntz, Pres' t <br />Chris Metherd, Secretary <br />State of Colorado, County of Morgan <br />The foregoing instrument was acknowledged before me this `I""day of �� 004, by Steve <br />Bruntz and Chris Metherd, as President an tary, respectively, of Orphan Wells of Wiggins, <br />L.L.C. Witness my hand and official sea,,,L . <br />My commission <br />Return recorded deed of trust to: j <br />Suite 750, Denver CO 80203 (Phone <br />.._ ., :. A <br />Finance Se;on, Attn: Jan Illian, <br />WMrW <br />Public <br />Logan Street, <br />