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<br />time covered by foreclosure proceedings and the period of redemption, if any there be, and shall be
<br />entitled thereto as a matter of right without regard to the solvency or insolvency of the GRANTOR or of the.
<br />then owner of said Property and without regard to the value thereof, and such Receiver may be appointed
<br />by any court of competent jurisdiction upon ex parte application and without notice - notice being hereby
<br />expressly waived - and all rents, issues and profits, income and revenue therefrom shall be applied by
<br />such Receiver to the payment of the indebtedness hereby secured, according to the law and the orders
<br />and directions of the court.
<br />
<br />And, that in case of default in any of said payments of principal or interest, according to the tenor
<br />and effect of said promissory note or any part thereof, or of a breach or violation of any of the covenants
<br />or agreements contained herein and in the Contract, by the GRANTOR, its personal representatives or
<br />assigns, then and in that case the whole of said principal sum hereby secured, and the interest thereon to
<br />the time of the sale, may at once, at the option of the legal holder thereof, become due and payable, and
<br />the said Property be sold in the manner and with the same effect as if said indebtedness had matured,
<br />and that if foreclosure be made by the PUBLIC TRUSTEE, an attorney's fee in a reasonable amount for
<br />services in the supervision of said foreclosure proceedings shall be allowed by the PUBLIC TRUSTEE as a
<br />part of the cost of foreclosure, and if foreclosure be made through the courts a reasonable attorney's fee
<br />shall be taxed by the court as a part of the cost of such 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 heirs or assigns
<br />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.
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<br />Executed the day and date first written above.
<br />
<br />....~~1Yii'..t;;:".\! '" ~ Tunnel Water Company, a Colorado nonprofit
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<br />, .::-,;" .,;;,;:=-r."~,~..;~ ~!:~~ ':'. corporation
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<br />..,:-%~:g;jlQf~1~t'.U~~~) By .
<br />,~..;J:~~,;~:'::q~.~;.,!,.'~"1t~;;,1?"i' Fred Walker, President
<br />',"'/ ;,;.P./~~~: .;;~., ,;'r.. ~ i1.r
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<br />B'Y.~:- \. . .
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<br />Corporate Secretary
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<br />Stateof~ .
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<br />db foremethis/~of:tk$~ ..2000,
<br />s Secretary of1!le'Tunnel Water Company.
<br />
<br />The foregoing instrument w
<br />by Fred Walker as President a
<br />Witness my hand and official seal.
<br />
<br />
<br />,(x1y,,,,.9,mmission expires:
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