PROJ00025 - Laserfiche WebLink

Home Browse Search

1111111111111111111111I11111111111111111111111111I11111 617212 12/23/2002 04:0eP 81420 P36 " RLSDORF 3 of 3 R 16.00 D 0.00 GARFIELD COUNTY CO 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 tl)efespective parties hereto; and that the singular number shall include the plural, the plural the sJ~~~,\~2!~~e use of any gender shall be applicable to all genders. ,ia;~;';''''''''lli;:<~!:-, \. The Glenwood Irrigation Company, a Colorado , "" h .M",." ", '_ . nonprofit corporation ! ,"~{I,/;i~~ .:~:,~Jl~~j ..\~ ';. ,,'-': s. ~~..,'" ~!~:_!$ Raymon F. Thompson, Corporate See etary State of Colorado ) ) ) County of Garfield By SS The foregoing instrument was acknowledged before me this .e day of November 2002, by Carter T. Jackson as President and Raymond F. Thompson as Secretary of The Glenwood Irrigation Company. Witness my hand and official seal. My commiss'lon expires: :( - .13 -;t.005 ~ Notary Public