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• <br /> In case of default in any of said payments of the principal or interest, according <br /> to the terms of said Promissory Note or LOAN CONTRACT, by the GRANTOR, its <br /> successors or assigns, then said principal sum hereby secured, and interest thereon, <br /> may at once, at the option of the BENEFICIARY, become due and payable, and the said <br /> 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 <br /> in a reasonable amount for services in the supervision of said foreclosure proceedings <br /> shall be allowed by the PUBLIC TRUSTEE as a part of the cost of foreclosure, and if <br /> foreclosure be made through the courts a reasonable attorney's fee shall be taxed by <br /> 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 <br /> Deed of Trust is required, the GRANTOR, its successors or assigns will pay the expense <br /> thereof; that all the covenants and agreements contained herein and in the Promissory <br /> Note and LOAN CONTRACT shall extend to and be binding upon the successors or <br /> assigns of the respective parties hereto; and that the singular number shall include the <br /> plural, the plural the singular, and the use of any gender shall be applicable to all <br /> genders. <br /> Executed the day and date first written above. <br /> ,,.)+R Cq,y Nt Ute Water District, Grantor <br /> or.r 04'404) <br /> S '; ALo.. By <br /> r -sIo• AN/ g� <br /> ATTEST: <br /> 151 1/-S <br /> CJo, - . Groo, Secretary-Treasurer <br /> County of /VOA ) <br /> State of Colorado ) SS <br /> The foregoing instrument was acknowledged before me this y day of .) <br /> 2007, bysn'w Pyres and John W. Groo, as stockholder and Secretary-Treasurer, <br /> respectively, of Bull Creek Reservoir Canal & Power Compan . Witness my hand and <br /> official seal. <br /> Notary Public <br /> My commission expires 6/!01) <br /> �,�y.•PY.8 <br /> C <br /> 0.•' •. <br /> Return recorded deed of trust to: CWCB Finance Section, Attn: Contract Manager, <br /> Logan Street, Suite 750, Denver CO 80203 (Phone Number 303-866-3462) X01'0 o <br /> • .Q <br /> tP '� <br /> _rF o <br /> OF <br /> Appendix 51 to Loan Contract C15240 <br />