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I 111111 11111 111111 111111 11111 II 11111111 III 11111 1111 II
<br /> 2748351 02/07/2000 01:46P JA Suki Tsukamoto
<br /> 2 of 3 9 15.00 D 0.00 Weld County CO
<br /> and quitclaim to such person entitled to such deed, the Property purchased as aforesaid and all
<br /> the right, title, interest, benefit and equity of redemption of the GRANTOR, its successors and
<br /> assigns made therein, and shall recite the sum for which the said Pr•perty was sold and shall
<br /> I refer to the power of sale therein contained, and to the sale made by v. t re ; and in case of
<br /> an assignment of such certificate of purchase, or in case of the red-f • i t erty, by a
<br /> subsequent encumbrancer, such assignment or redemptionsal! also •- f t n ch deed;
<br /> but the notice of sale need not be set out in such deed and t C TRUSTE out of the
<br /> proceeds or avails of such sale, after first paying and retain fe:. •_-r•es and costs of
<br /> making said sale, pay to the beneficiary hereunder the print I d •' n aid note
<br /> according to the tenor and effect thereof, and all moneys advanced b uc b: cia or legal
<br /> holder of said note for insurance, taxes and assessments, with interest thereo - c nt per
<br /> annum, rendering the surplus, if any, unto the GRANTOR, its legal representatives o signs;
<br /> which sale and said deed so made shall be a perpetual bar, both in law and equity, against the
<br /> GRANTOR, its successors and assigns, and all other persons claiming the Property, or any part
<br /> thereof, by, from, through or under the GRANTOR, or any of them. The holder of said note may
<br /> purchase Property or any part thereof; and it shall not be obligatory upon the purchaser at any
<br /> such sale to see to the application of the purchase money.
<br /> And the GRANTOR, for itself and its successors or assigns covenants and agrees to and
<br /> with the PUBLIC TRUSTEE, that at the time of the unsealing of and delivery of these presents, it is
<br /> well seized of the Property in fee simple, and has good right, full power and lawful authority to
<br /> grant, bargain, sell and convey the same in the manner and form as aforesaid; hereby fully and
<br /> absolutely waiving and releasing all rights and claims it may have in or to said Property as a
<br /> Homestead Exemption, or other exemption, under and by virtue of any act of the General
<br /> Assembly of the State of Colorado, or as any exemption under and by virtue of any act of the
<br /> United States Congress, now existing or which may hereafter be passed in relation thereto and
<br /> that the same is free and clear of all liens and encumbrances whatever, and the above bargained
<br /> Property in the quiet and peaceable possession of the PUBLIC TRUSTEE, its successors and
<br /> assigns, against all and every person or persons lawfully claiming or to claim the whole or ahy part
<br /> thereof, the GRANTOR shall and will Warrant and Forever Defend.
<br /> Until payment in full of the indebtedness, the GRANTOR shall timely pay all taxes and
<br /> assessments levied on the Property; any and all amounts due on account of principal and interest
<br /> or other sums on any senior encumbrances, if any; and will keep the Property insured in
<br /> accordance with the requirements of the Contract. Should the GRANTOR fail to insure the Property
<br /> in accordance with the Contract or to pay taxes or assessments as the same fall due, or to pay
<br /> any amounts payable upon senior encumbrances, if any, the beneficiary may make any such
<br /> payments or procure any such insurance, and all monies so paid with interest thereon at the rate
<br /> of ten percent (10%) per annum shall be added to and become a part of the indebtedness
<br /> secured by this Deed of Trust and may be paid out of the proceeds of the sale of the Property if
<br /> not paid by the GRANTOR. In addition, and at its option, the beneficiary may declare the
<br /> indebtedness secured hereby and this Deed of Trust to be in default for failure to procure
<br /> insurance or make any further payments required by this paragraph. In the event of the sale or
<br /> transfer of the Property, the beneficiary, at its option, may declare the entire balance of the note
<br /> immediately due and payable.
<br /> And that in case of any default, whereby the right of foreclosure occurs hereunder, the
<br /> PUBLIC TRUSTEE, the State as holder of the note, or the holder of a certificate of purchase, shall at
<br /> once become entitled to the possession, use and enjoyment of the Property aforesaid, and to the
<br /> rents, issues and profits thereof, from the accruing of such right and during the pendency of
<br /> foreclosure proceedings and the period of redemption, if any there be, and such possession shall
<br /> at once be delivered to the PUBLIC TRUSTEE, the State as holder of the note, or the holder of said
<br /> certificate of purchase on request, and on refusal, the delivery of the Property may be enforced by
<br /> the PUBLIC TRUSTEE, the State as holder of the note, or the holder of said certificate of purchase
<br /> by an appropriate civil suit or proceeding, and the PUBLIC TRUSTEE, or the holder of said note or
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