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I IIIIII IIIII IIIII IIIIIII IIII IIII IIIIIII III IIIII IIII Illlee o e s e ee ei ��� <br />� <br />demand is made, the time for redemption having expired, make and execute to such person a deed to the <br />Property purchased, which said deed shall be in the ordinary form of a conveyance, and shall be signed, <br />acknowledged and delivered by the said Pusuc TRUSrEE and shall convey and quitclaim to such person <br />entitled to such deed, the Property purchased as aforesaid and afl the right, title, interest, benefit and <br />equity of redemption of the GRnN7oR, its successors and assigns made therein, and shall recite the sum <br />for 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 Puauc <br />TRUSTEE Sh811, out of the proceeds or avails of such sale, after first paying and retaining ail fees, charges <br />and costs of making said sale, pay to the beneficiary hereunder the principai and interest due on said note <br />according to the tenor and effect thereof, and all moneys advanced by such beneticiary or legal holder of <br />said note for insurance, taxes and assessments, with interest thereon at ten per cent per annum, <br />rendering t"a surplus, if any, unto the uRaNTOa, its legal representatives or assigns; which sale and said <br />deed so made shall be a perpetual bar, both in law and equity, againsf the GRaNroR, ita successors and <br />assigns, and all other persons claiming the Property, or any part thereof, by, from, through or under the <br />GRANTOR, or any of them. The holder of said note may purchase Property or any part thereof; and it shall <br />not be obligatory upon the purchaser at any such sale to see to the application of the purchase money. <br />And the GaarvTOR, for itself and its successors or assigns covenants and agrees to and with the Pusuc <br />TRUSTEE, that at the time of the unsealing of and delivery of these presents, it is well seized of the <br />Property in fee simple, and has good right, full power and lawful authority to grant, bargain, sell and <br />convey the same in the manner and form as aforesaid; hereby fully and absolutely waiving and releasing <br />all rights and claims it may have in or to said Property as a Homestead Exemption, or other exemption, <br />under and by virtue of any act of the General Assembly of the State of Colorado, or as any exemption <br />under and by virtue of any act of the United States Congress, now existing or which may hereafter be <br />passed in relation thereto and that the same is free and clear of all liens and encumbrances whatever, <br />and the above bargained Property in the quiet and peaceabie possession of the Pueuc TausTEE, its <br />successors and assigns, against ali and every person or persons lawfully claiming or to cfaim the whole or <br />any part thereof, the GR,aNTOR shall and will Warrant and Forever Defend. <br />Until payment in full of the indebtedness, the GaarvTOR shall timely pay all taxes and assessments <br />levied on the Property; any and all amounts due on account of principal and interest or other sums on any <br />senior encumbrances, if any; and will keep the Property insured in accordance with the requirements of <br />the Contract. Should the GRa,rvroa fail to insure the Property in accordance with the Contract or to pay <br />taxes or assessments as the same fall due, or to pay any amounts payable upon senior encumbrances, if <br />any, the beneficiary may make any such payments or procure any such insurance, and all monies so paid <br />with interest thereon at the rate of ten percent (10%) per annum shall be added to and become a part of <br />the indebtedness secured by this Deed of ?rust znd may be paid cut of tha prcceads cf the sale of th2 <br />Property if not paid by the GanNroa. In addition, and at its option, the beneficiary may declare the <br />indebtedness secured hereby and this Deed of Trust to be in default for failure to procure insurance or <br />make any further payments required by this paragraph. In the event of the sale or transfer of the Property, <br />the beneficiary at its option may declare the entire balance of the note immediately due and payable. <br />And that in case of any detault, whereby the right of foreclosure occurs hereunder, the Puauc <br />TRUSTEE, the State as holder of the note, or the holder of a certificate of purchase, shall at once become <br />entitled to the possession, use and enjoyment of the Property aforesaid, and to the rents, issues and <br />profits thereof, from the accruing of such right and during the pendency of foreclosure proceedings and <br />the period of redemption, if any there be, and such possession shall at once be delivered to the Pusuc <br />TRUSTEE, the State as holder of the note, or the holder of said certificate of purchase on request, and on <br />refusal, the delivery of the Property may be enforced by the Pusuc TausTEE, the State as holder of the <br />note, or the holder of said certificate of purchase by an appropriate civil suit or proceeding, and the Pusuc <br />TRUSTEE, or the holder of said note or certificate of purchase, or any thereof, shall be entitled to a <br />Receiver for said Property, and of the rents, issues and profits thereof, after such default, including the <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 GRaruroR or of <br />