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<br />11111111111111111111111111111111111111111I1111111111111
<br />3017098 12/20/2002 04:06P Weld County, CO
<br />2 01 4 R 21.00 0 0.00 J.A. "Suki" Tsukamoto
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<br />shall be redeemed as is provided by law; and said PUBLIC TRUSTEE shall, upon demand by the person
<br />holding the said certificate of purchase, when said demand is made, 'or upon demand by the person
<br />entitled to a deed to and for the Property purchased, at the time such demand is made, the lime for
<br />redemption having expired, make .and execute:.to such person a deed. to the ProPerty purchased,
<br />which said deed shall be in the ordinary form of a conveyance, and shall be signed, acknowledged arid
<br />delivered by the said PUBLIC TRUSTEE and shall convey and quitclaim to such person entitled to such
<br />deed, the Property purchased as aforesaid and all the right, title, interest, benefit and equity of
<br />redemption of the GRANTOR, its successors and assigns made therein, and shall recite the sum for
<br />which the said Property was sold and shall refer to the power of sale therein contained, and to the sale
<br />made by virtue thereof; and in case of an assignment of such certificate of purchase, or in case of the
<br />redemption of the Property, by a subsequent encumbrancer, such assignment or redemption shall also
<br />be referred to in such deed; but the notice of sale need not be set out in such deed and the PUBLIC
<br />TRUSTEE shall, out of the proceeds or avails of such sale, after first paying and retaining all fees,
<br />charges and costs of making said sale, pay to the beneficiary hereunder the principal and interest due
<br />on said note according to the tenor and effect thereof, and all moneys advanced by such benefICiary or
<br />legal holder of said note for insurance, taxes and assessments, with interest thereon at ten per cent
<br />per annum, rendering the surplus, if any, unto the GRANTOR, its legal representatives or assigns; which
<br />saie and said deed so made shall be a perpetual bar, both in law and equity, against the GRANTOR, its
<br />successors and assigns, and all other persons claiming the Property, or any part thereof, by, from,
<br />through or under the GRANTOR, or any of them, The holder of said note may purchase Property or any
<br />part thereof; and it shall not be obligatory upon the purchaser. at any such sale to see to the application
<br />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 ciear 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 shall timely pay ,all taxes and
<br />assessments levied on .the ProPElrty;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 />balanceofthe note immediately due and payable, . .... . . '.' '. .."
<br />And that incase of any default, whereby the right of foreclosure occurs hereunoer, the
<br />PUBLIC TRUSTEE, the State as holder of the note, or the holder of a certificate of purchase, shaH 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 accruing of such right and during the pendency of fore<;:losure
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