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<br />TRUSTEE'S .Notice of Sale, for the highest and best price the same will bring in cash, four weeks pUbli-c
<br />notice having been previously given of the time and place of such sale, advertisement once each
<br />week for five cons"ecutive weeks, in some newspaper of general circulation at that time published in
<br />said County of Gunnison, a copy of which notice shall be mailed within ten days from the date .of the
<br />first publication thereof to the GRANTOR at the address herein given and to such person or persons
<br />appearing to have acquired a subsequent record interest in said Property at the address given in the
<br />recorded instrument; where only the county and state is given as the address then such notice shall
<br />be .mailed to the county seat. and to make and give to the purchaser of the Property at such sale, a
<br />certificate in writing describing the Property purchased, and the sum paid therefor, and the time when
<br />the purcheser (or other person entitled theretol shall be entitled to the deed therefor, unless the same
<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 time 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 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 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
<br />sale made by virtue thereof; and in case of an assignment of such certificate of purchase, or in case
<br />of the redemption of the Property, by a subsequent encumbrancer, such assignment or redemption
<br />shall also be referred to in such deed; but the notice of sale need not be set out in such deed and the
<br />PUBLIC 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
<br />or 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 />sale 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
<br />application of the purchase money.
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<br />And the GRANTOR, for ftself 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
<br />any exemption under and by virtue of any act of the United States Congress, now existing or which
<br />may 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.
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<br />Until payment in full of the indebtedness, the GRANTOR shall 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, jf 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
<br />upon 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.
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<br />And that in case of any default. :.vhereby the right of foreclosure occurs hereunder, the PUBLIC
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