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<br />111111I11111111111111111 11111111111111111I1111111111111
<br />186945 03/12/2001 09:00A 8232 P212 KMoll.ndo~
<br />2 of 3 R 15,00 D 0,00 Sedg~lck County
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<br />demand by the person entitled to a deed to and for the Property purchased, at the time such ,",Cllloll'~
<br />is made, the time for redemption having expired, make and execute to such person a deed to the
<br />Property purchased, which said deed shall be in the ordinary form of a conveyance, and shall be
<br />signed, acknowledged and delivered by the said PUBLIC TRUSTEE and shall convey and quitclaim to
<br />such person entitled to such deed, the Property purchased as aforesaid and all the right, title, interest,
<br />benefit and equity of redemption of the GRANTOR, its successors and assigns made therein, and shall
<br />recite the sum for which the said Property was sold and shall refer to the power of sale therein
<br />contained, and to the sale made by virtue thereof; and in case of an assignment of such certificate of
<br />purchase, or in case of the redemption of the Property, by a subsequent encumbrance, such
<br />assignment or redemption shall also be referred to In such deed; but the notice of sale need not be set
<br />out in such deed and the PUBLIC TRUSTEE shall, out of the proceeds or avails of such sale, after first
<br />paying and retaining all fees, charges and costs of making said sale, pay to the beneficiary hereunder
<br />the principai and interest due on said note according to the tenor and effect thereof, and all moneys
<br />advanced by such beneficiary or legal holder of said note for insurance, taxes and assessments, with
<br />interest thereon at ten per cent per annum, rendering the surplus, if any, unto the GRANTOR, its legal
<br />representatives or assigns; which sale and said deed so made shall be a perpetual bar, both in law
<br />and equity, against the GRANTOR, its successors and assigns, and all other persons claiming the
<br />Property, or any part thereof, by, from, through or under the GRANTOR, or any of them, The holder of
<br />said note may purchase Property or any part thereof; and it shall not be obligatory upon the purchaser
<br />at any such sale to see to the application of the purchase money.
<br />And the GRANTOR, for itself and its successors or assigns covenants and agrees to and with
<br />the PUBLIC TRUSTEE, that at the time of the unsealing of and delivery of these presents it is well seized
<br />of the Property in, fee simple, and has good right, full power and lawful authority to grant, bargain, sell
<br />and convey the same in the manner and form as aforesaid; hereby fully and absolutely waiving and
<br />releasing all rights and claims it may have in or to said Property as a Homestead Exemption, or other
<br />exemption, under and by virtue of any act of the General Assembly of the State of Colorado, or as any
<br />exemption under and by virtue of any act of the United States Congress, now existing or which may
<br />hereafter be passed in relation thereto and that the same is free and clear of all liens and
<br />encumbrances whatever, and the above bargained Property in the quiet and peaceable possession of
<br />the PUBLIC TRUSTEE, its successors and assigns, against all and every person or persons lawfully
<br />claiming or to claim the whole or any part thereof, the GRANTOR shall and will Warrant and Forever
<br />Defend,
<br />Until payment in full of the indebtedness, the GRANTOR sh,all timely pay all taxes and
<br />assessments levied on the Property; any and all amounts due on account of principal and interest or
<br />other sums on any senior encumbrances, if any; and will keep the Property insured in accordance. with
<br />the requirements of the Contract. Should the GRANTOR fail to insure the Property in, accordance with
<br />the Contract or to pay taxes or assessments as the same fall due, or to pay any amounts payable upon
<br />senior encumbrances, if any, the beneficiary may make any such payments or procure any such
<br />insurance, and all monies so paid with interest thereon at the rate of ten percent (10%) per annum
<br />shall be added to and become a part of the indebtedness secured by this Deed of Trust and may be
<br />paid out of the proceeds of the sale of the Property if not paid by the GRANTOR. In addition, and at its
<br />option, the beneficiary may declare the indebtedness secured hereby and this Deed of Trust to be in
<br />default for failure to procure insurance or make any further payments required by this paragraph, In
<br />the event of the sale or transfer of the Property, the beneficiary, at its option, may declare the entire
<br />balance of the note immediately due and payable,
<br />And that in case of any default, whereby the right of foreclosure occurs hereunder, the PUBLIC
<br />TRUSTEE, the State as holder of the note, or the holder of a certificate of purchase, shall at once
<br />. become entitled to the possession, use and enjoyment of the Property aforesaid, and to the rents,
<br />issues and profits thereof, from the accrwng.of such right and during the pendency of foreclosure
<br />proceedings and the period of redemption:' if any there be, and sU,ch possession shall a,t once be
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