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<br />,-;.....
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<br />In addition, and at its option, the beneficiary may declare the indebtedness secured hereby ~n(l \I)i$ !Deed of Trust to be in default for failure
<br />to procure insurance or make any further payments required by this paragraph,' -", . ,
<br />
<br />AND THAT IN CASE OF ANY DEFAULT, whereby the right of foreclosure occurs hereunder, the PUBLIC TRUSTEE or the holder of
<br />said note or certificate of purchase, shall at once become entitled to the possession, use and enjoyment of the property aforesaid, and to
<br />the rents, issues and profits thereof, from the accruing of such right and during th" pendency of foreclosure proceedings and the period of
<br />redemption, if any there be: and such possession shall at once be deliv.ered to the PUBLIC TRUSTEE or the holder of said note or certificate
<br />_ of purchase on request ,and on refusal, the delivery of such possession may be enforced ~y _the 't'UBlIC TRUSTEE or the holder of said note
<br />or certifiCate of purchase by an appropriate civil suit or proceeding, and the PUBLIC TRUSTEE, or the holder of said note or certificate of
<br />purchase, oranythereof; shall be entitled.to a Receiver for said property, and of the rents, issues and profits thereof, after such default,
<br />including the time covered by foreclosure proceedings and the period of redemption, if any there be, and shall be entitled thereto as a matter
<br />of right without regard to the solvency or insolvency of the GRANTOR or of the then owner of said property and without regard to the value
<br />therepf, and such Receiver may be appointed by any court of competent-jurl::dicticn upon ex parte application and without notice - notice
<br />being hereby expressly waived - and all rents, issues and profits, income and revenue therefrom shall be applied by such Receiver to the
<br />payment of the indebtedness hereby secured, according to the law and the 'orders and directions of the court.
<br />
<br />. AND, thatin case of default in any of said payments or principal or interest, according to the tenor and effect of said promissory
<br />note aforesaid, or any of them, or any part thereof, or of a breach or violation of any of the covenants or agreements herein, by the GRANTOR,
<br />its personal representatives or assigns, then and in that case the whole of said principal sum hereby secured, and the interest thereon to
<br />the time of the sale, may at once, at the option of the legal holder thereof, become due and payable, and the said property be sold in the
<br />manner and with the same effect as if said indebtedness had matured, and that if foreclosure be made by the PUBLIC TRUSTEE, an attorney's
<br />fee in a reasonable amount for services in the supervision of said foreclosure proceedings shall be allowed by the PUBLIC TRUSTEE as a part
<br />of the cost of foreclosure, and if foreclosure be made through the courts a reasonable attorney's fee shall be taxer! hy the court ;)!I; a ~"rt
<br />u.lh<: ;;ust vi l:iuch iureciosure proceedings.
<br />
<br />IT IS FURTHER UNDERSTOOD AND AGREED, that if a release of this Deed of Trust is required, the GRANTOR will pay the expense
<br />thereof; that all the covenants and agreements herein contained shall extend to and be binding upon the heirs, personal representatives,
<br />successors and 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 applicable to all genders.
<br />
<br />Executed this ~ day of --Z1. ()-u~
<br />
<br />ATTEST:
<br />
<br />(SEAL)
<br />
<br />.19"Y) ~
<br />\(~-AJ ~ (J.) ~ ' .J. j)J:;..J..;
<br />dtfl;AA"';4' (;?78.f:) &.
<br />~ .
<br />
<br />Stete Of Colcrado 1
<br />County of X (!v (jJJL,~ } s S
<br />
<br />TheAoregoing instrument was acknowledged before me this --L day of '7) ~
<br />
<br />;~~,(i2~~ ~.~a~)G~. C2~ ~ tJ~C(~~~I'
<br />
<br />, ........,
<br />
<br />,1994, by _
<br />
<br />IUH L CANDEtNM
<br />My comm'ssl~8~
<br />.' stat. of Colorado
<br />.~~....__..t ~p"'A. "...", ~C>r??
<br />
<br />Notary Public
<br />
<br />~ my h.nd .nd ...1.
<br />
<br />.(' ~-'
<br />
<br />
<br />No.
<br />
<br />'{
<br />-.
<br />
<br />DEED OF TRUST FROM
<br />TO THE PUBLIC TRUSTEE
<br />For The Use Of
<br />
<br />~>j.
<br />
<br />tate of Colorado
<br />
<br />} SS
<br />
<br />County of
<br />
<br />I hereby certify that this instrument was filed for record in my office at o'clock ,M.,
<br />19_, and is duly recorded in book ,page Film No. _ Reception No.-=-.
<br />
<br />Clerk and Recorder
<br />
<br />Fees, $
<br />
<br />Deputy
<br />
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