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CT2019-3463 Contract
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CT2019-3463 Contract
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Last modified
5/15/2019 1:54:47 PM
Creation date
5/15/2019 1:54:25 PM
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Loan Projects
Contract/PO #
CT2019-3463
Contractor Name
Left Hand Ditch Comapny
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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Trustee,its successors and assigns,against all and every person or persons lawfully claim i g or to claim the whole <br /> or any part thereof. <br /> Until payment in full of the indebtedness,the Grantor shall timely pay all taxes and sessments levied on the <br /> Pledged Property; any and all amounts due on account of the principal and interest or o er sums on any senior <br /> encumbrances, if any;and will keep the Pledged Property insured in accordance with the uirements of the Loan <br /> Contract. In the event of the sale or transfer of the Pledged Property,the Beneficiary,at it option,may declare the <br /> entire balance of the note immediately due and payable. <br /> In case of default in any of said payments of the principal or interest,according to the rms of said Promissory <br /> Note or Loan Contract,by the Grantor,its successors or assigns,then said principal sum hereby secured,and interest <br /> thereon,may at once,at the option of the Beneficiary, become due and payable,and the said Pledged Property be <br /> sold in the manner and with the same effect as if said indebtedness had matured,and that i foreclosure be made by <br /> the Public Trustee, an attorney's fee in a reasonable amount for services in the superv. ion of said foreclosure <br /> proceedings shall be allowed by the Public Trustee as a part of the cost of foreclosure,an if foreclosure be made <br /> through the courts a reasonable attorney's fee shall be taxed by the court as a part of the ost of such foreclosure <br /> proceedings. <br /> It is further understood and agreed,that if a release or a partial release of this Deed of rust is required,the <br /> Grantor,its successors or assigns will pay the expense thereof;that all the covenants and agreements contained <br /> herein and in the Promissory Note and Loan Contract shall extend to and be binding upon the successors or assigns <br /> of the respective parties hereto;and that the singular number shall include the plural,the plral the singular,and <br /> the use of any gender shall be applicable to all genders. <br /> [THE REST OF THIS PAGE INTENTIONALLY LEFT BLANK] <br /> Contract Number:CT2019-3463 <br /> Appendix 6 <br /> Page 2 of 3 <br />
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