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<br />including the time covered by foreclosure proceedings and the period of redemption, if any there be, and shall be
<br />entitled thereto as a matter of right without regard to the solvency or insolvency of the GRANTOR or of the then
<br />owner of said Property and without regard to the value thereOf, and such Receiver may be appointed by any court of
<br />competent jurisdiction upon ex parte application and without notice - notice being hereby expressly waived - and all
<br />rents, issues and profits, income and revenue therefrom shall be applied by such Receiver to the payment of the
<br />indebtedness hereby secured, accol'ding 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, accol'ding to the tenor and effect
<br />of said promissory note or any part thereof, or of abf"each or violation of any of the covenants or agreements
<br />contained herein and in the Contract, by the GRANTOR, its sue<:essors or assigns, then and in that case the whole of
<br />said principal sum hereby secured, and the interest thereon to the time of the sale, may at once, at the option of the
<br />legal holder thereof, become due and payable, and the said Property be sold in the manner and with the same effect
<br />as if said indebtedness had matured, and that if foreclosure be made by the PUBLIC TRUSTEE, an attorney's fee in a
<br />reasonable amount for services in the supervision of said foreclosure proceedings shall be allowed by the PUBLIC
<br />TRUSTEE as a part of the cost of fcreclosure, and if foreclosure be made through the courts a reasonable attorney's
<br />fee shall be taxed by the court as a part of the cost of such foreclosure proceedings.
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<br />It Is further under.stood and agreed, that if a release or a partial release of this Deed of Trust is required,
<br />the GRANTOR, its successors or assigns will pay the expense thereof; that all the covenants and agreements
<br />contained herein and in the Contract shall extend to and be binding upon the successors or assigns of the respective
<br />parties hereto; and that the singular number shall include tile plural, the plural the singular, and the use of any gender
<br />shall be applicable to all genders.
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<br />Executed the day and date first written above.
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<br />ute Water Conservancy District
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<br />BY ~rV /4e;;;7'<::-
<br />,/ Robert L. Elsbeny, President
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<br />State of Colcrado )
<br />--v71 ) 55.
<br />County of /;/(;"1' q )
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<br />The foregoing instrument was acknowledged before me thl9 /,2 y- day of --J ,q Nt., A!:J' 2000,
<br />by Robert L. Elsberry as President and Jacque Staffol'd as Sec~. Witness my hand official seal.
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<br />Notary Public 'f
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<br />My commission expires 0:) - ,;) / - .2 000
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