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Property pur hased, at the time such demand is made, the time for redemption having expired, make and
<br />execute to s ch person a deed to the Property purchased, which said deed shall be in the ordinary form
<br />of a convey nce, and shall be signed, acknowledged and delivered by the said PUBLIC TRUSTEE and shall
<br />convey and uitclaim to such person entitled to such deed, the Property purchased as aforesaid and all
<br />the right, ti e, interest, benefit and equity of redemption of the GRANTOR, its successors and assigns
<br />made therei , and shall recite the sum for which the said Property was sold and shall refer to the power
<br />of sale ther in contained, and to the sale made by virtue thereof; and in case of an assignment of such
<br />certificate purchase, or in case of the redemption of the Property, by a subsequent encumbrancer,
<br />such assign ent or redemption shall also be referred to in such deed; but the notice of sale need not be
<br />set out in s ch deed and the PUBLIC TRUSTEE shall, out of the proceeds or avails of such sale, after first
<br />paying and etaining all fees, charges and costs of making said sale, pay to the beneficiary hereunder the
<br />principal a interest due on said note according to the tenor and effect thereof, and all moneys
<br />advanced such beneficiary or legal holder of said note for insurance, taxes and assessments, with
<br />interest th eon at ten per cent per annum, rendering the surplus, if any, unto the GRANTOR, its legal
<br />representat es or assigns; which sale and said deed so made shall be a perpetual bar, both in law and
<br />equity, aga nst the GRANTOR, its successors and assigns, and all other persons claiming the Property, or
<br />any part th reof, by, from, through or under the GRANTOR, or any of them. The holder of said note may
<br />purchase P operty or any part thereof; and it shall not be obligatory upon the purchaser at any such sale
<br />to see to t e application of the purchase money.
<br />And th GRANTOR, for itself and its successors or assigns covenants and agrees to and with the
<br />PUBLIC TRU TEE, that at the time of the unsealing of and delivery of these presents, it is well seized of the
<br />Property i fee simple, and has good right, full power and lawful authority to grant, bargain, sell and
<br />convey th same in the manner and form as aforesaid; hereby fully and absolutely waiving and releasing
<br />all rights d claims it may have in or to said Property as a Homestead Exemption, or other exemption,
<br />under and by virtue of any act of the General Assembly of the State of Colorado, or as any exemption
<br />under and by virtue of any act of the United States Congress, now existing or which may hereafter be
<br />passed in relation thereto and that the same is free and clear of all liens and encumbrances whatever,
<br />and the bove bargained Property in the quiet and peaceable possession of the PUBLIC TRUSTEE, its
<br />successo and assigns, against all and every person or persons lawfully claiming or to claim the whole
<br />or any pa thereof, the GRANTOR shall and will Warrant and Forever Defend.
<br />Until , in full of the indebtedness, the GRANTOR shall timely pay all taxes and assessments pp levied on he Property; any and all amounts due on account of principal and interest or other sums on
<br />any seni encumbrances, if any; and will keep the Property insured in accordance with the requirements
<br />of the C ntir act . Should the GRANTOR fail to insure the Property in accordance with the Contract or to
<br />pay tax s or assessments as the same fall due, or to pay any amounts payable upon senior
<br />encumbJb
<br />nces, if any, the beneficiary may make any such payments or procure any such insurance, and
<br />all moniso paid with interest thereon at the rate of ten percent (10 %) per annum shall be added to and
<br />become part of the indebtedness secured by this Deed of Trust and may be paid out of the proceeds of
<br />the sale f the Property if not paid by the GRANTOR. In addition, and at its option, the beneficiary may
<br />declare a indebtedness secured hereby and this Deed of Trust to be in default for failure to procure
<br />insuranc or make any further payments required by this paragraph. In the event of the sale or transfer
<br />of the P perty, the beneficiary, at its option, may declare the entire balance of the note immediately due
<br />and pay le.
<br />And hat in case of any default, whereby the right of foreclosure occurs hereunder, the PUBLIC
<br />TRUSTE the State as holder of the note, or the holder of a certificate of purchase, shall at once become
<br />entitled to the possession, use and enjoyment of the Property aforesaid, and to the rents, issues and
<br />profits hereof, from the accruing of such right and during the pendency of foreclosure proceedings and
<br />the per hhe of redemption, if any there be, and such possession shall at once be delivered to the PvBLiC
<br />STEI
<br />State as holder of the note, or the holder of said certificate of purchase on request, and °rani
<br />refusal, the delivery of the Property may be enforced by the PUBLIC TRUSTEE, the State as holder of the-,,
<br />note, the holder of said certificate of purchase by an appropriate civil suit or proceeding,- and the
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