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<br />encumbrances whatever, and the above bargained Property in the quiet and peaceable possession of the PUBLIC TRUSTEE, its
<br />successors and assigns, against all and every person or persons laWfully claiming or to claim the whole or any part thereof, the
<br />GRANTOR shall and will Warrant and Forever Defend.
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<br />Until payment in full of the indebtedness, the GRANTOR shall timely pay all taxes and assessments levied on the Property; any
<br />and all amounts due on account of principal and interest or other sums on any senior encumbrances, if any; and will keep the Property
<br />insured in accordance with the requirements of the Contract. Should the GRANTOR fail to insure the Property in accordance with the
<br />Contract or to pay taxes or assessments as the same fall due, or to pay any amounts payable upon senior encumbrances, if any, the
<br />"beneficiary may make any such payments or procure any such insurance, and all monies so paid with interest thereon at.the rate of ten
<br />percent (10%) per aMum shall be added to and become a part of the indebtedness secured by this Deed of Trust and may be paid out
<br />of the proceeds of the sale of the Property if 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 insurance or make any further payments
<br />required by this paragraph. In the event of the sale or transfer of the Property by the GRANTOR, the beneficiary, at its option, may
<br />declare the entire balance of the uote ,innnediately due and payable.
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<br />And that in 'case of any default, whereby the right of foreclosure occurs hereunder, the PUBLIC TRUSTEE, the State as holder of the
<br />note, or the holder of a certificate of purchase, shall at once become entitled to the possession, use and enjoyment of the Property
<br />aforesaid, and to the rents, issues and profits thereof, from the accruing of such right and during the pendency of foreclosure
<br />proceedings and the period of redemption, if any there be, and such possession shall at once be delivered to the PUBLIC TRUSTEE, the
<br />State as holder of the note, or the holder of said certificate of purchase on request and on (efusal, the delivery of the Property =y.be
<br />enforced by the PUBLIC TRUSTEE, the State as holder of the note, or the holder of said certificate of purchase by an appropriatecivif
<br />suit or proceeding, and the PUBLIC TRUSTEE, or the holder of said note or certificate of purchase, or any thereof, shall be entitled to a
<br />Receiver for said Property, and of the rents, issues and profits thereof, after such default, including the time covered by foreclosure
<br />proceedings and the period of redemption, if any there be, and shaIl be entitled thereto as a matter of right without regard to the
<br />solvency or insolvency of the GRANTOR or of the then owner of said Property and without regard to the value thereof, and such
<br />Receiver may be appointed by any court of competent jurisdiction upon ex parte application and withoutnotice - notice being hereby
<br />expressly waived - and all rents, issues and profits, income and revenue therefrom shaIl be applied by such Receiver to the payment of
<br />the indebtedness hereby secured, according to the law and the orders and directions of the court.
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<br />And, that in case of default in any of said payments of principal or interest, according to the tenor and effect of said promissory
<br />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
<br />GRANTOR, its personal representatives or assigns, then and in that case the whole of said principal sum hereby secured, and the interest
<br />thereon to the time of the sale, may at once, at the option of the legal holder lhereof, become due and payable, and the said Property be
<br />sold in the manner and with the Same effect as if said indebtedness had matured, and that if foreclosure be made by the PUBLIC
<br />TRUSTEE, an attorney's fee in a reasonable amount for services in the supervision of said foreclosure proceedings shall be aIlowed by
<br />the PUBLIC TRUSTEE as a part of the cost of foreclosure, and if foreclosure be made through the courts a reasonable attorney's fee shaIl
<br />be taxed by the court as a part of the cost of such foreclosUre proceedings.
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<br />It is further understood and agreed, that if a release or a partial release of this Deed of Trust is required, the GRANTOR, its
<br />successors or assigns wiII pay the expense thereof; that all the covenants and agreements contained herein and in the Contract shall
<br />extend to and be binding upon the heirs or assigns of the respective parties hereto; and that the singnIar number shaIl include, the
<br />plural, the plural the singular, and the use of any gender shaIl be applicable to all genders.
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<br />E e day and date frrst written above.
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<br />The foregoing instrument was acknowledged before me thi~ay of
<br />Riggs as 9.llilfIllIttlfilll1}Jtary. Witness my hand and official seal.
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<br />Mag~illS1Qn' expir~~ .g',.~<<t It; dJ t)/J !l
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<br />. G~C: Aristocrat Ran/hette Water pro},ct, Inc,
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<br />,By: ,l?rG LAJIL:7o;l/
<br />Clete Larson; President
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<br />Nota Public
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<br />\\11111 111111\11\1111\ 111\1\1\11111\1111\111\111111 \11\
<br />26a8618 12/07/1998 02,40P Weld County CO
<br />2 of 2 R 11.00 D 0,00 JA Sukl Tsukamoto
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