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f""'. 8QOK2673 PAGE502 acquired . 8Ub8equent record IntenIIt in I8Id Property at the addl'8S8 given In the recorded Instrument: WheAt only the county and 8I8te 18 given as the eddI.s then IUCh noUce shall be mailed to the county seat, and to make and give to the purchaeer of the property lit IUCh ..... 8 certifk:8tB In MftIng deIcrIbIng the property puRlhasecI n the sum paid therefor, and the time YohIn the pun:haer (or othBr person entItIecI ttHnto) shall be entitled to the deed tI'IerefOl unless the same shell be redeemed as Is provided by law; and said PUBUC TRUSTEE 1haD, upon demlInd by th8 person holding the said c:et1Ificate of pwchese. wt1en laid demand 18 rJ1II:Ie, or upon delT1llnd by the perICIn entitfed to a deed to and for the Property purd1ased, at the time 8UCh demand Is made, the time for redemption having expired, make ancI execute to such peISOI1 a deed to the Property puICha&ed, which said deed aha" be In the ordIMry form of a conveyance, ... ahIIII be elgned, acknc1Medged end delIVered by the said PUBLIC TRUSTEE and shall convey and quitclaim to 8UCh person entitled to 8lICh deed, the property pwdlased 88 afOl'8l8ld and all the ~ title. Intere8t, benefit and equity of I1Idemptlon of tIw GRANTOR, its 8UCCes8OI'I and 8S8lgns made therein, and shell recite the sum for v.tUch the said Property was eoId and 8I1aII refer to the power of sale therein contained, and to the sale made by virtue thereof; and In CII8 of In aa'8Ignment or such certificate of purchase, or In C88e of the redemption of the Property. by a subsequent encumbrancer, aICh assignment or Rldemptlon shaD Ilso be referred to In such deed: but the notice of sale need not be set out In such deed and the PUBUC TRUSTEE shall, out of the proceeds or avails of such sale, after first plying and retaining all fees, chargee and costs c:l making said sale. pay to the beneficiary hereunder the principal end IntEnSt due on said note according to the tenor and effect thereof, and all moneys lIdv8l1C8d by such beneficiary or legal holder of said note far Insurance, taxes n 8SS8SIII18nta, with Interest thereon &It ten per c:ent per annlm, rendering the SUfplus, If any, unto the GRANTOR, Its legal ~_ or aa1gns; which sale and saki deed 80 made shall be 8 perpetual bar, both in law and equity. against the GRANTOR, -Its IUCCe88OI'S and assigna, end 811 other persons claiming the Property. t:6 any pert thereof, by, frOm, tht'ough or under the GRANTOR, t:6 any of them. The holder of said note may purchaee property << any pert thereof; and It shall not be obligatory upon the purch88er at any such 8aIe to see to the application or the purchase money. And the GRANTOR, for Itaetf ancIlts 8lJCCflsors or aselgns covenants and agrees to and wItt1 the PUBUC TRUSTEE, that at the time d the un&eIIIing of and denVefY of these presenta, It Is 'MIll seized of the Property in fee simple, and has good right, fuN power and IIlIWfuI authc:1rIty to grant, bargain, 1811 and conv", the same In the manner and form as aforesaid: hereby fully and ab90IuteIy waiving and releasing all rights Bnd claims It may have In or to said Property as II Homesteed t:xemptlon, or other exemption, under and by virtue of any act of the Gener8I AseembIy of the State of Co\orado., or as any exemption under and by virtue of sny set of the Unlted States CongJes8, now existing or \'IIi1Ich may her8aft.. be passed In relation thereto and that the SBm8 Is free and clear of all Dens and encumbr8nces whatever. and the above bargained property In the quiet and peac;eatlle po II BSSJon of the PUBUC TRUSTEE, Its SUCCIlBIOI'I and assigns, against all and every person or persons lawfully claiming or to claim the" or any part thereof. the GRANTOR shall end will Warrant and Forever Defend. Untit payment in full of the Indebtedness. the GRANTOR nil timely pay all taxes and assessments levied on the Property; any and all amounts due on BCCOUnt of principal and Interest or other sums on arTf senior encumbI8nces, If any: and Yt'iP keep the Property Insured in accordance with the requkernent& of the Contract. Should the GRANTOR fail to Insure the property in accordance with the Contract <<to pay taxes or tifl I lumenta as the same fall due, or to pay t!tIlflJ amounts payable upon senior encumbrances, If 8ffI. the benefldaIy may make any such payments or procure Sl'ti such insurance. and all monies so paid with Interest thereon at 1he rate of ten peramt (10%) per annum sh8II be 8dcIed to and tJecome 8 part of the Indebtednea aecured by thIs Deed of Trust and may be paid out of the ploceeds of the sale of the property If not paid by the GRANTOR. In 8dditIon, and at Its option, the beneficiary may declare the Indebtedness seand hereby and this Deed of TN8t to be In default for failure to procure Insurance t:6 make 8trf further pllyments requll8CI by thI8 paragtaph. In the event of the sale or trwm... of the Property, the beneftciary, at Its option, may declare the entire balance of the note Immedltllety due and payable. And th.t In cae of .ny d."ult, 'If'hereby the right or forec:loeure occurs hereunder, the PUBLIC TRUSTEE, the State as holder or the note, or the holder of 8 cet1Ifk:ete of purd1ase, shall at once become entttIed to the possession. use and enjoyment of the Property aforesaid, and to the rents, Issues end profits thereof, from the accruing of such right and during the pendency of forecIoaure proceedings and the period of redemption, If SIfI/ there be and such pen_on IhaII at once be delivered to the PUBUC TRUSTEE, the state as holder of the note, or the hoider of said certtftcate of pun:ha8e on request. and on refusal, the detlvety of the Property may be enforced by the PUBUC TRUSTEE, the State as holder of the note, or the holder of said certificate of purchase by an appropriate civil ault or proceeding, and the PUBUC TRUSTEE. or the holder of 8lI1d nota or certiflc8te of pun;ha8e, or any thereof, shall be entitled to a Recelver for said Property, and of the rents, Issuee and profits thereof, after such default,