C150041 PIF

• Contract/PO #: C150041
• Contractor Name: Woodchuck Ditch Comapny
• Contract Type: Loan
• Loan Projects - Doc Type: Repayment Information

•
for said Property, and of the rents, issues and profits thereof, after such default, including the time covered
by foreclosure proceedings and the period of redemption, if any there be, and shall be entitled thereto as a
matter of right without regard to the solvency or insolvency of the GRANTOR or of the then owner of said
Property and without regard to the value thereof, and such Receiver may be appointed by any court of
competent jurisdiction upon ex parte application and without notice - notice being hereby expressly waived
- and all rents, issues and profits, income and revenue therefrom shall be applied by such Receiver to the
payment of the indebtedness hereby secured, according to the law and the orders and directions of the
court.
And, that in case of default in any of said payments of principal or interest, according to the tenor
and effect of said promissory note or any part thereof, or of a breach or violation of any of the covenants or
agreements contained herein and in the Contract, by the GRANTOR, its personal representatives or
assigns, then and in that case the whole of said principal sum hereby secured, and the interest thereon to
the time of the sale, may at once, at the option of the legal holder thereof, become due and payable, and
the said Property be sold in the manner and with the same effect as if said indebtedness had matured,
and that if foreclosure be made by the PUBLIC TRUSTEE, an attorney's fee in a reasonable amount for
services in the supervision of said foreclosure proceedings shall be allowed by the PUBLIC TRUSTEE as a
part of the cost of foreclosure, and if foreclosure be made through the courts a reasonable attorney's fee
shall be taxed by the court as a part of the cost of such foreclosure proceedings.
It is further understood and agreed, that if a release or a partial release of this Deed of Trust is
required, the GRANTOR, its successors or assigns will pay the expense thereof; that all the covenants and
agreements contained herein and in the Contract shall extend to and be binding upon the heirs or assigns
of the respective parties hereto; and that the singular number shall include the plural, the plural the
singular, and the use of any gender shall be applicable to all genders.
Executed the day and date first written above.
0/:......;,�� � Woodchuck Ditch Company, a Colorado
• nonprofit corporation
SYNt-)‘
By ,)-(:
'•, ' 9 e Zimmerman, President
_ 1
?)1•By t \':
4Corporate Secretary 111111111111111111111111111111111111111111111111111111
541909 03/13/200i 12: 17P Kay Weiniand
State of Colorado ) 3 of 3 R 15.00 D 0.00 Routt County, CO
SS
County of e-CJLI"
The foregoing instrument was acknowledged before me thisc Ll day of! ( 1 ll lour( 200 ,
by Joe Zimmerman as President and YO EA-K- ,c)LonejoriI as Corporate Secretalry of the
Woodchuck Ditch Company. Witness my hand aWd official s- .
0,0, µtilt ilk,.
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My Commission Expires 05/15/2002 ;'���� k%'" '• .L
My commission expires:
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