|
<br /><: ."it,;, 9 60 99 5 6 6 -:A
<br />:~~~~~~~~~:;~:~~~~n~~\~~ ~~i~d V;:1~~t~~~~~;~2!~~~~~~!~']tt~e~~~:~sc~~~~:~:,~n~~~::~o~~~~~~~~~ ;~idb_~~Ot~: ~::N~~~. t~~
<br />
<br />addition, and at its option, the beneficiary may declare the indebtedness secured hereby and this Deed of Trust to be in default for failure
<br />to procure insurance or make any further payments required by this paragraph.
<br />
<br />AND THAT IN CASE OF ANY DEFAULT, whereby the right of foreclosure occurs hereunder, the PUBLIC TRUSTEE or the holder 01
<br />said note or certificate of purchase, shall at once become entitled to the possession, use and enjoyment of the property aforesaid, and to
<br />the rents, issues and profits thereof, from th.e accruing of such right and during the pendency of foreclosure proceedings and the period of
<br />redemption, if any there be: and such possession shall at once be delivered to the PUBLIC TRUSTEE or the holder of said note or certificate
<br />of purchase on request and on refusal, the delivery of such possession may be enforced by the PUBLIC TRUSTEE or the holder of said note
<br />or certificate of purchase by an appropriate civil suit or proceeding, and the PUBLIC TRUSTEE, or the holder of said note or certificate of
<br />pLirchase, or any thereof, shall be entitled to a Receiver for said property, and of the rents, issues and profits thereof, after such default,
<br />inclUding the time covered by foreclosure proceedings and the period of redemption, if any there be, and shall be entitled thereto as a matter
<br />of right without regard to the solvency or insolvency of the GRANTOR or of the then ov.m"er of said property and without regard to the value
<br />thereof, and such Receiver may be appointed by any court of competent jurisdiction upon ex parte application and without notice - notice
<br />being hereby expressly waived - and all. rents, issues and ptafits, income and revenue therefrom shall be applied by such Receiver to the
<br />payment of the indebtedness hereby secured, according to the law and the orders and directions of the court.
<br />
<br />
<br />AND, that in case of default in any af said payments or principal or interest. according to the tenor and effect of said promissory
<br />note aforesaid, or any of them, or any part thereof,_ or of a breach or violation of any of the covenants or agreements herein, by the GRANTOR,
<br />its personal representatives -or 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 thereot. become due and payable, and the said property be sold in'the
<br />manner and with the same effect as if said indebtedness had matured, and that if foreclosure be made by the PUBLtC TRUSTEE, an attorney's
<br />fee of the sum of Two Hundred Dollars ($200) for services in t~e supervision of said foreclosure proceedings shall be allowed by the PUBLIC
<br />TRUSTEE as a part of the cost of foreclosure, and if foreclosure be made through the courts a reasonable attorney's fee shall be taxed by
<br />the court as a part of the cost of such foreclosure proceedings~
<br />
<br />IT IS FURTHER UNDERSTOOD AND AGREED, that if II release of this Deed of Trust is required, the GRANTOR will pay the expense
<br />thereof; that all the covenants and agreements herein contained shall extend to and be binding upon the heirs, personal representatives,
<br />successors and assigns of the respective parties hereto; and fhat the singular number shall include the.plural, the plural the singular, and
<br />the use of any gender shall be applicable to all genders.
<br />
<br />Executed this -L2L. day of 111, f' r.
<br />ATTEST: A"u,(J", fl. iIn:::!-I:::
<br />
<br />(SEAL)
<br />
<br />,1994,
<br />,OWN O:z;.HENT
<br />
<br />Si&<<~~7
<br />
<br />State of Colorado
<br />County of E (
<br />
<br />f{'(50
<br />
<br />} S5
<br />
<br />.
<br />
<br />
<br />My commission expires
<br />4.(0 J:U:
<br />
<br />s ~+Q..w\tl\""
<br />~ ~=-I):~.v
<br />Notary Public _
<br />
<br />,1994, by_
<br />Witness my hand and seal.
<br />
<br />No,
<br />
<br />DEED OF TRUST FROM
<br />
<br />TO THE PUBLIC TRUSTEE
<br />
<br />For The Use Of
<br />
<br />} SS
<br />
<br />County of. . , .
<br />
<br />I he~e'by certify that this instrument was filed for record in my office at o'clock _.M.,
<br />19_, and is duly recorded in book , page Film No: _ Reception No. _'
<br />
<br />State of Colorado
<br />
<br />Clerk and Recorder
<br />
<br />Deputy
<br />
<br />Fees, $
<br />
<br />
|