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<br />BOOK2673 PAGE~03
<br />IndUdlng the time covered by foredosurv proceedings and the pettod 01 redempUon, If any there be, and shall be
<br />entitled 1hereto as a malter of right without JegIRI to the 8Dlvency or lMoIvency of 1he GRANTOR or of the then
<br />0lM'18r of said Property and without regard to the veJue thereof, and such RecelYtJl" may be IIIppOInted by any court d
<br />competent jurildlctlonupon ex parte eppItCBtlon and \'Athout IlClCIce ~ notice being hereby expreeely Mlived . and all
<br />rents, Issues and proftts, Income and rev...... therefrom shall be applied by such ReoeIver to the peyment of the
<br />indebtedness h8ntby aectnd, acc:ordIng to the law and the orders end d11'8Ct1Ons of the court.
<br />
<br />And, that In case of defauft In any of said payments or principe! or irdere8t, according to the tenor and effect
<br />of said promfssary note or .-.y part thereof, or of 8 tnech or viOlation of any of the COIIenants or lIgRMlt118llts
<br />c:ontaned herein and In the Contract. by the GRANTOR. Ita SlIC08S1KQ or 8S8Igns, then BI1d In that case the whole of
<br />sald principal awn hereby secured, and the Intetestthereon to the time of the.., may at once, at the option of the
<br />legal holder thereof. become due and payable, and the said Property be sold In the I118r1I1ef' and with Ihe MMe effect .
<br />88 If BBld Indebtedness had matun!ld, and that It foreclostn be made by the PUBUC TRUSTEE, an attorney'a fee In 8
<br />reasonable amount for servIce8 In the supervision of Bald forecfo8ure proceedInge shall be a11awed by the PUBUC
<br />TRUSTEE BS B part of the cost of forectosure, and If fOl'8dosure be made through the courts 8 reesonabIe Bttomey'I
<br />fee ahaIf be taxed by the court 88 a part of the cost of 8UCh forec:Iasure poceedlngs.
<br />
<br />It .. further understood IIId qnecl, that If a release or a pertIaI reIea8e of thI8 Deed fA Truslls requlnld.
<br />the GRANTOR, its 8lICCeSSOI'8 or assigns will pay the expense thereof; that all the covenants and egreements
<br />contained herein and In the Contmct IhaII extend to and be binding upan the IUCC888QI'S or assigns ol the respective
<br />parties hereto; and thai the singular number shalf fncfude the pluraf, the plural the singular, and the use fA any gender
<br />shalf be applicable to all genders.
<br />
<br />Executed the dt#J and date first written above.
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<br />By
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<br />Ute Water Conservancy Dfltrlct
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<br />, RObert L Elsberry, PresIdent C
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<br />State of Colorado )
<br />)ss.
<br />COUnty of 7?J(" J ~ )
<br />The foregoing Instrument was BCknowfedged befona me this /.2 J- f&t of ~ IV t.. A~ 2000,
<br />by_L ~"_""Jacquo_"~, ~my_ -_.....
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<br />, Nofiuy Public I
<br />My conmlllion expires O:J - .;J 1- :z. (:)00
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