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<br />..,.--,
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<br />r.o.
<br />
<br />And, that in case of default in 'any of said payments of principal or interest, according to ,the tenor and
<br />effect of said promissory note or any part thereof, or of a breach or violation of any of the covenants or
<br />agreements contained herein and' in the Contract, by the GRANTOR. its successors or assigns, then and in that
<br />case the whole of said principal sum hereby secured, and the interest thereon to the time of the sale, may at
<br />once, at the option of the lega'l holder thereof, become due and payable, and the said Property be sold in the
<br />manner and with the same effect as if said indebtedness had matured, and that if foreclosure be made by the
<br />PUB~IC TRUSTEE, an attorney's fee in a reasonable amount for services in the supervision of said foreclosure
<br />proceedings shall be allowed by the PUB~IC TRUSTEE as a part of the cost of foreclosure, and if foreclosure be
<br />made through the courts a reasonable attorney's fee shall be taxed by the court as a part of the cost of such
<br />foreclosure proceedings.
<br />
<br />It is further understood and agreed, that if a release or a partial release of this Deed of Trust is
<br />required, the GRANTOR, its successors or assigns will pay the expense thereof; that all the covenants and
<br />agreements contained herein and in, the Contract shall extend to and be binding upon the successors or
<br />assigns of the respective parties hereto; and that the singular number shall include the plural, the plural the
<br />singular, and the use of any gender shall be applicable to all genders.
<br />
<br />Executed the day and date first written above.
<br />
<br />The foregoing instrument was acknowledged before me this ~& -I:::f: day of
<br />by Richard P. Stevens, as Mayor and Pamela Schillings, as Town Clerk. Witness my,
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<br />ATTEST:
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<br />
<br />State of Colorado
<br />County of rdAz) 0
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<br />My commission expires
<br />
<br />MY COMMISSION EXPIRES 1pJ/2003
<br />
<br />TOW~ '
<br />By ~
<br />
<br />/ Richard P. Stevens, Mayor
<br />
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