Laserfiche WebLink
4001141 6/25/2004 10:45:00 AM Andrew E. Perea <br />2 of 3 DT R $16.00 D $0.00 Coneios County. CO <br />may have in or to said COLLATERAL as a Homestead Exemption or other exemption, now or hereafter <br />provided by law. The GRANTOR further covenants that the collateral is free and clear of all liens and <br />encumbrances whatever and that the GRANTOR shall warrant and forever defend the COLLATERAL in the <br />quiet and peaceable possession of the PUBLIC TRUSTEE, its successors and assigns, against all and every <br />person or persons lawfully claiming or to claim the whole or any part thereof. <br />Until payment in full of the indebtedness, the GRANTOR shall timely pay all taxes and assessments <br />levied on the COLLATERAL; any and all amounts due on account of the principal and interest or other sums <br />on any senior encumbrances, if any; and will keep the COLLATERAL insured in accordance with the <br />requirements of the LOAN CONTRACT. In the event of the sale or transfer of the COLLATERAL, the <br />BENEFICIARY, at its option, may declare the entire balance of the note immediately due and payable. <br />in case of default in any of said payments of the principal or interest, according to the terms of said <br />Promissory Note or LOAN CONTRACT, by the GRANTOR, its successors or assigns, then said principal sum <br />hereby secured, and interest thereon, may at once, at the option of the BENEFICIARY, become due and <br />payable, and the said COLLATERAL be sold in the manner and with the same effect as if said indebtedness <br />had matured, and that if foreclosure be made by the PUBLIC TRUSTEE, an attorney's fee in a reasonable <br />amount for services in the supervision of said foreclosure proceedings shall be allowed by the PUBLIC <br />TRUSTEE as a part of the cost of foreclosure, and if foreclosure be made through the courts a reasonable <br />attorney's fee shall be taxed by the court as a part of the cost 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 and <br />agreements contained herein and in the Promissory Note and LOAN CONTRACT shall extend to and be <br />binding upon the successors or assigns of the respective parties hereto; and that the singular number shall <br />include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. <br />ExeCUted.ahe day and date first written above. <br />ti 0" 1` I j' A Ti The Terrace Irrigation Company, a Colorado <br />nonprofit corporation <br />)a.A 13y <br />ney Reinhirdt, resident <br />Attest'-... <br />, <br />B <br />Vy <br />Jofin L. Riddick, Secretary/Treasurer <br />County of d ) <br />SS <br />State of Colorado <br />The foreggip .a , s#ument was acknowledged before me this day of u(Z-4-- 2004, by Rodney <br />Reinha ' L. Riddick, as President and Secretary/Treasurer, respectively, of The Terrace <br />Irrigtio�CbmpryiV�?itness my hand and official seal. <br />�4TAl� Notary Public <br />M& :msA, 4"t 3--a0 � (i Ci <br />Retuog ire td of trust to: CWCB Finance Section, Attn: Jan Illian, 1580 Logan Street, <br />Suite 7Wd�, eAver60 80203 (Phone Number 303 - 866 -3462) <br />Page 2 of 2 <br />