|
<br />\219/23/1994
<br />
<br />RWBW 45F
<br />
<br />2\216 3Bl:! 1642
<br />
<br />P.03
<br />
<br />15:42
<br />
<br />J
<br />
<br />,
<br />-/
<br />
<br />---::-.=::=::.::7:.=.7.::" :::-.==.:-::::::::..:.-:~.:.~=.::.:::=-=:~~:=-':'.. .
<br />
<br />r~.-'
<br />1\ T"",....-""'-rl........,........~
<br />II ,~O_........ C.."'....". '."...
<br />
<br />
<br />I
<br />,.
<br />'1
<br />I
<br />I
<br />I
<br />
<br />IF Tins FORM IS USED IN Al"OJltSIJMER CREDIT TRANSACTION. COliSlIl.T UeAL CUllNSf.L.
<br />THIS IS A Ucw. IXITRUME1(t. IF IKJT U1IDlRSlVOD, UGll.. TAl OR Olll:ER tllUHSEl. SHOlllD 8E COXWI1tO IEFORE SlBMUIB,
<br />
<br />DEED OF TRUST
<br />(Due on llan.I., - Strict)
<br />
<br />, 19 Jl2.... . betwccn
<br />
<br />THIS DEED OF TRUST " made Ihi.~ ' ~"'h "by (l( Mav
<br />LloYd Ranch~partner""ip
<br />
<br />(B.....-.rt
<br />
<br />'\lIholOC Iddrenis
<br />and Illt Publil: TNSU:C or the COlina} in ....hi~h 1111: Itrop.:ny Ill/::': flarllStuph II i~ liilualo.:J rrru~h:el: Ii.' 1M bel'lClh of
<br />7C. Eliward =win, Personal Pepresentative of the estate of Walter II. IJ.ayd,
<br />deceased, (under). whole addrtlS i.
<br />I 1202 IIighway 74. SUite 315. E\lergreen, COlorado 80439.
<br />i BOf'l'OINCr oncJ Lender cfI'tCl'Ul.nl And liP''"' 11:0: 1(.11.......":
<br />, I. Properly in Tru~t. BorTtJlllCr, in conJiidcratiun of l~ in(kt-t':l~n.:"~ hl:rcin n:dh:d an.rJ the: (ruSI herein crelted. hereby grants and
<br />I! l.'On~s {(l Tnaslell: in tlUlll, wilh f'llWCr u~~;II(. th~ flllll......I~E "Io:N~rl"'=J 1"h1p='IY 1I.H.00lcl.lln lhl::
<br />\'1' COUAty of ftesa . Slale uf Colurado,
<br />
<br />EKhibit "A" attached and
<br />Exhibit A-l attac:h<:tonformed CoIlJ of blatrum8Rt
<br />
<br />Pecorded In dO) ~
<br />Mnn' /7~ ..... - -
<br /><f,.I:Oi" .1..q-./.~59'
<br />,.., ,9:-/s:.. A' 9 II ;/:2&/1 M.
<br />
<br />.,
<br />ii
<br />I'
<br />d
<br />II
<br />
<br />"
<br />,.
<br />
<br />I
<br />I
<br />
<br />.".
<br />
<br />".\. (':0
<br />
<br />IJ.ovel Ranch
<br />
<br />llil_l
<br />
<br />which has the Iddrcn of
<br />
<br />IC"t'
<br />
<br />M9sa. .
<br />
<br />tlJ,Cetd
<br />
<br />.CClINlIlIo
<br />
<br />(f>ropeny Add~~~l. It'lEcthcr with _lIlu IPI,uri(!nlnc~'!l (Prl'pe:rlyl.
<br />2. Note:: OIhct Oblii:llli(ln~ S<<u~d. Thi, Dcl:d of TroSI il> gi\-en 10 ~ccutc 1" Lentler:
<br />A. the ~pl)'mcm or the indebtedness evidenced tt). 801'TOWCr"1l ntllC: IN~c} dilled Mav lS . 19 ~ ,In the
<br />prindpal5umoC one mill;nn fi\1l!l hunnrM t-hnr101V1l''ui AM nnJlno
<br />U.S. DollalS, with inle.~tlt on lhe "npail! prlndp:rl balance Crom PAAY 1 l:\ , 19.8..9.-. , undl paid. 11 the
<br />!'Dte of bm perccnt p.:r DntlUm. wilh prindplllllnd inlctC'lu ~llblc;lol 1202 Highway 74, Sui:te 315,
<br />EIIeJ:9reeD. COlorado 80439.
<br />fl,~ll't'fjt{'&\:,*~'\.~''i.'if~I~';''I~O~~~~~ g~o~~g8~o8bo,~J,,' :~ IiiWil t
<br />l1:l1,~;,n'o'k 1990, 0Ctc:t>er l~1>pnl 1, 1~J!!f- O::tober 1, 1991.
<br />~"'~ ,,a_ : !'u,h payments to conllnue until the enllrr: indeb1ednesS evidenced by
<br />$aid Note Is fully paid: however. If hot $()Oner raid. the entire princlpalllmlJunt 01Jtlllllndln, Ind QCCNed Interesl thereon. shall be due and
<br />rl)'llb!e on n--+1"'lhiIt.,.. 1 , 19 .Jll.. :
<br />
<br />;1 tWQ"'~
<br />II and B\J""i6is30P3)'~nder a l::llc ,..h::lr~.: of I fJJJe/ .~k of any J'I3)'m::nt nOI received by lhe Lenduwtthin
<br />~ j _ {l,~ dll)'J OACT puynu:'nl is duc: IInl.l Bl,Im,...,\:, h~ the ri~l 10 prepuy the principal amount oUlSlandlna under
<br />I: said NOll:. In whotll or (n plll1. a~ aft)' time whhulll p.:nllll~~
<br />"
<br />II
<br />'I
<br />i ~
<br />I!
<br />
<br />B. the plI,ymcnl oC all other SUIN. with lnlen:J\1Ihcreun al 19
<br />in a<<orcr.nlOe wflh lhis Deed of TNII Iu fI'OlCCllh<: se~urilY of lhh 0".",11 ..,( TN$l: 1100
<br />':1' c. the ~rfbnn.nc:c 01 me ~n.n" and 1ll,1.n.."nICfllj \Jf 8orr~t hereIn conlldlled.
<br />3. Title. BOrT'\7ollerCOVCnlllllJ lIrlll B\Jm:JW\.'rown.~ llnd bus lhe rl~ht to B!'DnlllmJ cunvey tht: Ptupcrty, Ind WlnantS title 10tMSlme,
<br />Ii I lubJcC:110 fencnrl rell elltau: 1UCI Cor lhl: currenl )'C':Jr, C:SSClncnl, of neCt.lrJ or In cds~ncc. llnd recorded declaradonl, rc,trictlotLl,
<br />~xfVl,lions and' cvYt'nlnlll, if any, u or Ihi5 dllle~.
<br />11
<br />
<br />oe;t per annum. C1isbuncd by Lender
<br />
<br />I'
<br />
<br />:! 4. hymenl of Princ:iplIlllnd t'nll:rc:;;l. BufT\.J\1ltr ~hall i1fUll1plly ray when du.: the prlncipul tlr onel mleml on lhe InelcblCdncrs
<br />J, t\'it.lcnccd by the: NtllC. _.Id hi1\: ch"rJi!l:~ "" pR.wll.kl!llllhc NIJIC anI.! "h:rll pcrC~'rm nIl ~1f Bl,IIT(lIl1er's olhcrCoYC:nanls conlalnc.d In the Note.
<br />!Ii. ^l'plil::ni'In 1'( 1':r.)'In~llb. AIII':!)'Ilk"IIl!r> h.'~'\'i"'lll1y l."'lIlk~ IInJcr Ill" tlo:rlllS n"n.-I1( ~hall N: IIl'plil'l.l by lender IItlllln pil)'mcntor
<br />i .mounts duc pursl.l2nll(1 pllIll!l:r;,ph ~) (E~Cf~ MImI,: rut T,"C5 and In~r.ntc). Iben It, IImollM;~rse.d by Lender pursuant 10
<br />II p41ll!!f1Ipb 91rr,.11(Cllun urlA:l\\Jcr's Sc~'urh}'t. :lnd Ih" tl:ll:.nce in IIct'\lIlJllncc ....ith Ihe t\::nm i1IKJ1:oJJitlo\" orlhe Nutc,
<br />
<br />~._===.~,._..=.,~.,., ,,__ ..",..... ."-"''''...~..~._.,.._' ..'....."7~=._ ..
<br />
<br />.
<br />
<br />,
<br />
|