Laserfiche WebLink
<br />1/ <br />and to make and give to the purchaser of the Property at such sale, a certificate in writing <br />describing the Property purchased, and the sum paid therefor, and the time when the <br />purchaser (or other person entitled thereto) shall be entitled to the deed therefor, unless the <br />same shall be redeemed as is provided by law; and said PUBLIC TRUSTEE shall, upon demand <br />by the person holding the said certificate of purchase, when said demand is made, or upon <br />demand by the person entitled to a deed to and for the Property purchased, at the time such <br />demand is made, the time for redemption having expired, make and execute to such person a <br />deed to the Property purchased, which said deed shall be in the ordinary form of a <br />conveyance, and shall be signed, acknowledged and delivered by the said PUBLIC TRUSTEE and <br />shall convey and quitclaim to such person entitled to such deed, the Property purchased as <br />aforesaid and all the right, title, interest, benefit and equity of redemption of the GHANTOR, its <br />successors and assigns made therein, and shall recite the sum for which the said Property was <br />sold 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 redemption <br />shall also be referred to in such deed; but the notice of sale need not be set out in such deed <br />and the PUBLIC TRUSTEE shall, out of the proceeds or avails of such sale, after first paying and <br />retaining all fees, charges and costs of making said sale, pay to the beneficiary hereunder the <br />principal and interest due on said note according to the tenor and effect thereof, and all <br />moneys advanced by such beneficiary or legal holder of said note for insurance, taxes and <br />assessments, with interest thereon at ten per cent per annum, rendering the surplus, if any, <br />unto the GRANTOR, its legal representatives or assigns; which sale and said deed so made shall <br />be a perpetual bar, both in law and equity, against the GRANTOR, its successors and assigns, <br />and all other persons claiming the Property, or any part thereof, by, from, through or under the <br />GRANTOR, or any of them. The holder of said note may purchase Property or any part thereof; <br />and it shall not be obligatory upon the purchaser at any such sale to see to the application of <br />the purchase money. <br /> <br />And the GRANTOR, for itself and its successors or assigns covenants and agrees to and <br />with the PUBLIC TRUSTEE, that at the time of the unsealing of and delivery of these presents, it is <br />well seized of the Property in fee simple, and has good right, full pOvver and lawfui authority to <br />grant, bargain, sell and convey the same in the manner and form as aforesaid; hereby fully and <br />absolutely waiving and releasing all rights and claims it may have in or to said Property as a <br />Homestead Exemption, or other exemption, under and by virtue of any act of the General <br />Assembly of the State of Colorado, or as any exemption under and by virtue of any act of the <br />United States Congress, now existing or which may hereafter be passed in relation thereto and <br />that the same is free and clear of all liens and encumbrances whatever, and the above <br />bargained Property 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 <br />the whole or any part thereof, the GRANTOR shall and will Warrant and Forever Defend. <br /> <br />Until payment in full of the indebtedness, the GRANTOR shall timely pay all taxes and <br />assessments levied on the Property; any and all amounts due on account of principal and <br />interest or other sums on any senior encumbrances, if any; and will keep the Property insured <br />in accordance with the requirements of the Contract. Should the GRANTOR fail to insure the <br />Property in accordance with the Contract or to pay taxes or assessments as the same fall due, <br />or to pay any amounts payable upon senior encumbrances, if any, the beneficiary may make <br />