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<br />I; j canceled upon less than thirty days writt.!~tice to the beneficiary. Certificates of insuranL. .".videnc/ng the original policy or policies of
<br />insurance shall be delivered to the beneficl'" y as further security for the indebtedness. Should the GRANTOR fail to insure and deliver the
<br />policies or to pay taxes or assessments as the same fall due, or to pay any amounts payable upon senior encumbrances, if any, the
<br />beneficiary may make any such payments or procure any such insLlrance. and all monies so paid with interest thereon at the rate of 'ten per
<br />cent per annum shall be added to an become a part of the indebtedness secured by this deed of trust and may be paid out of the proceeds
<br />of the sale of the property if not paid by the GRANTOR. In addition, and at its option, the beneficiary may declare the indebtedness secured
<br />hereby and this Deed of Trust to be in default for failure to procure insurance or make any further payments required by this paragraph.
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<br />AND THAT IN CASE OF ANY DEFAULT, Whereby the right of foreclosure occurs hereunder, the PUBLIC TRUSTEE or the holder of
<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 the 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 PUBt.lC 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 />purchase, or any thereof, shall be entitled to a Receiver for said property, and of the rents, issues ?Ind 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 owner 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 profits, 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.
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<br />AND, that in case of default in any of 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 'lima of the salet moy ~t o.,ce, at the option of the lega! holder thereof, became due and payable, ::lnd the SB!d prope!'ty be sold in th':.
<br />manner and with the same effect as if said indebtedness had matured, and that if foreclosure be made by the PUBLIC TRUSTEE, an attorney's
<br />fee in a reasonable amount for services in the supervision of said foreclosure proceedings shall be allowed by the PUBLIC TRUSTEE as a part
<br />of the cost of foreclosure, and if foreclosure be made through the courts a reasonable attorney's fee shall be taxed by the court as a part
<br />of the cost of such foreclosure proceedings.
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<br />IT IS FURTHER UNDERSTOOO ANO AGREEO, that if a release of this Oeed 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 that the singular number shall include the plural, the plural the singular, and
<br />the use, of any -gend r'shall ~be'-applic~ble to all genders.
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<br />...... tt:.":-;lLl..."d ~"''<..
<br />ATTES~~~ '
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<br />State of Colorado: l.".{;-.:>;_lI.
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<br />COU~;y of . yj~\.t>>.:
<br />The foregoing. irist~~~'ent ,~. a~
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<br />ed before me this ::t(}k day of
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<br />My commission expires
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<br />:,... WItness.. my hand 8~d seal.
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<br />No.
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<br />DEED OF TRUST FROM
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<br />TO THE rUBLlC TRUSTEE
<br />For The Use Of
<br />
<br />State of Colorado
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<br />} SS
<br />
<br />CountY of
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<br />I hereby certify that this instrument was filed for record in my office at o'clock _.M.,
<br />, 9_, and is duly recorded in book , page Film No. _ Reception No. _.
<br />
<br />Clerk and Recorder
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<br />Deputy
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<br />Fees, $
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