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e + <br /> ti <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 /> 43 n Charles Nichols, Jr., Grantor <br /> °Ri ( rAL) <br /> ByJ%L4. 4 ..e-6 <br /> j,':' Charles Nicho s, Jr. <br /> ATTEST; <br /> Ak <br /> by *RV/ PnY•�',/. A <br /> vlw07.� . �, S-creta - rea urer�� s?' : '! <br /> JOHN W. • <br /> • KNUTSON ; f <br /> County of 111.#_4_4., ) '� :, /. <br /> State of Colorado ) SS i 9j •••®•.®s®; `�' <br /> The foregoing instrument was acknowledged before me this day of <br /> 2007, by Charles Nichols, Jr. and John W. Groo, as stockholder and Secretary- <br /> Treasurer, respectively, of Bull Creek Reservoir Canal & Power Company. Witness <br /> my hand and official seal. �� Notary Public <br /> My commission expires 0 D.- 07 <br /> Return recorded deed of trust to: CWCB Finance Section, Attn: Contract Manager, 1580 <br /> Logan Street, Suite 750, Denver CO 80203 (Phone Number 303-866-3462) <br /> Appendix 48 to Loan Contract C15240 <br />