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<br />3017099 12/20/2002 04:06P Weld County, CO
<br />2 of 4 R 21.00 0 0.00 J.A. "Sukl" Tsukamoto
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<br />the purchaser (or other person entitled thereto) shall bb entitled to the deed therefor, unless the same
<br />shall be redeemed as Is provided by law; and said PU$LIC TRUSTEE shall, upon demand by the person
<br />holdlng,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 time for
<br />redemption having expired, make and execute to s~ch person a deed to the Property purchased,
<br />which said deed shall be in the ordinary form of a conv~yance, and shall be signed, acknowledged and
<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 jthe right., title, interest, benefit and equity of
<br />redemption of the GRANTOR, its successors and assi!!lns made therein, and shall recite the sum for
<br />which the said Property was sold and shall refer to the ipower of sale therein contained, and to the sale
<br />made by virtue thereof; and in case of an assignment pf such certificate of purchase, or in case of the
<br />redemption of the Property, by a subsequent encumbr~ncer, such assignment or redemption shall also
<br />be referred to in such deed; but the notice of sale ne~d not be set out in such deed and the PUBLIC
<br />TRUSTEE shall, out of the proceeds or avails .of suct) saie, after first paying and retaining all fees,
<br />charges and costs of making said sale, pay to the ben~ficiary 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 as~essments, 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 />sale and said deed so made shall be a perpetual bar, ~oth 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 h91der 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 successolil or assigns cOVenants and agrees to and with
<br />the PUBLIC TRUSTEE, that at the time of the unsealing ql and delivery of these presents, it is well seized
<br />of the'Propertyin 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 sai~ Property as a Homestead Exemption, or other
<br />exemption, under and by virtue of any act of the Gene[alAssembly of the State of Colorado, or as any
<br />exemption under and by virtue of any act of the Unit~d States Congress, now existing or which may
<br />hereafter be passed in relation thereto and that the same is free and clear o.f 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, t~e GRANTOR shall and will Warrant and Forever
<br />Defend, I
<br />Until payment in full of the indebtedness, Ithe GRANTOR shall timely pay all taxes and
<br />assessments levied on the Property; any and all amqunts 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 GRANTQR fail to insure the Property in accordance with
<br />the Contract or to pay taxes or assessments as the sa(T1efall due, or to pay any amounts payable upon
<br />senior encumbrances, if any, the beneficiary may n)1ake any such payments or procure any such
<br />insurance, and all monies so paid with interest ther~on 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 rot paid by tlie GRANTOR, In addition, a~dat its
<br />option, the beneficiary may declare the indebtednessi secured hereby and this Deed of Tru$t.to be in
<br />default for failure to procure insurance or make any further payments required by tliis paragraph. Iq
<br />the event of the sale or transfer of the Property,. the ~eneflciary, at its option,may decia~e ,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.
<br />PUBLIC 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 enjoym~nt of the Property aforesaid, and to the rents,'
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