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<br />assigns made therein, and shall recite the sum for which the said Property was sold and shall refer to the power of
<br />sale therein contained, and to the sale made by virtue thereof; and in case of an assignment of such ,certificate of
<br />purchase, or in case of the redemption of the Property, by a subsequent encumbrancer, such assignment or
<br />redemption shali 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, qut of the proceeds Or avails of such sale, after first paying and retaining all fees, charges
<br />and costs of making' said sal(J, pay. to the Qeneficiaryhereunder' the principaL and interl3stdue on said note
<br />according tothe tenor and effect ,th(Jreof, and all moneys.adVanced by such beneficiary or legal holder of said note
<br />for insurance,taxes and <tssessments, withinterestthereon at ten percentper annum, renderin\:rthe surplus, if any,
<br />unto the GRANTOR, its legal representatives or assigns; which ,sale and said deed so made shall be a perpetual bar,
<br />both in law and equity, against the GRANTOR, its successors and assigns, and all other persons claiming the
<br />Property, or any part thereof, by, from, through or under the GRANTOR, or any of them. The holder of said note may
<br />purchase Property or any part thereof; and it shall not be obligatory upon the purchaser at any such sale to see to
<br />the application of the purchase money.
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<br />And the GRANTOR, for itself and its successors or assigns covenants and agrees to and with the PUBLIC TRUSTEE,
<br />that at the time of the unsealing of and delivery of these presents,it is well seized of the Property in fee simple, and
<br />has good right, full power and lawful authority to grant, bargain, sell and convey the same in the manner and form
<br />as aforesaid; hereby fully and absolutely waiving and releasing all rights and claims it may have in or to said
<br />Property as a Homestead Exemption, or other exemption, under and by virtue of any act of the General Assembly
<br />of the State of Colorado, or as any exemption under and by virtue of any act of the United States Congress, now
<br />existing or which 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 ofthe PUBLIC
<br />TRUSTEE, its successors and assigns, against all and every person or persons lawfully claiming or to claim the
<br />whole or any part thereof, the GRANTOR shall and will Warrant and Forever Defend.
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<br />Until payment in full of the Indebtedness, the GRANTOR shall timely pay all taxes and asseSSr1'1Jin,ts'levied on the
<br />Property; any and all amounts due on account of principal and interest or other sums on any se,[1iOf'{lncumbrances,
<br />if any; and will keep the Property insured in accordance with the requirements of the Coiit{a~{;;.;,?boUld the
<br />GRANTOR fail to insure the Property in accordance with the Contractort0p~y.;taxesor ~ssessmehts'.$S;tf1e same
<br />fall due, or to pay any amounts payable upon senior encumbrances, if'any, the beneficiary may make any such
<br />payments or procure any such insurance, and all monies so paid with interest thereon at the rate of ten percent
<br />(10%) per annum shall be added to and become a part of the indebtedness secured by this Deed of Trust and may
<br />be paid out of the proceeds of the sale of the Property if not paid by the GRANTOR, In addition, and at its option, the
<br />beneficiary may declare the indebtedness secured hereby and this Deed of Trust to be in default for failure to
<br />procure insurance or make any further payments required by this paragraph.ln the event of the sale or transfer of
<br />the Property, the beneficiary, at its option, may declare the entire balance of the note immediately due and payable.
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<br />And that in case of any default, whereby the right of foreclosure occurs hereunder, the PUBLIC TRUSTEE, the State
<br />as holder of the note, or the holder of a certificate of purchase, shall at once become entitled to the possession, use
<br />and enjoyment of the Property aforesaid, and to the rents, issues and profits thereof, from the accruing of such right
<br />and during the pendency of foreclosure proceedings and the period of redemption, ,if any there be, and such
<br />possession shall at once be delivered to the PUBLIC TRUSTEE, the State as holder of the note, or the holder of said
<br />certificate of purchase on request, and on refusal. the delivery of the Property may be enforced by the PUBLIC
<br />TRUSTEE; the State as holder of the note; or the holder of said certificate of purchCl.il.e by an appropriate civil suit or
<br />proceeding, and the PUBLIC TRUSTEE, or the holder of said note or certificate of purchase, or any thereof, shall be
<br />entitled to a 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 entitled thereto
<br />as a matter of right without regard to the solvency or insolvency of the GRANTOR or of the then owner of said
<br />Property and without regard to the value thereof, and such Receiver may be appointed by any court of competent
<br />jurisdiction upori' ex parte application and without notice - notlqe being hereby expressly waived - and all rents,
<br />issues and profits, income and revenue therefrom shall be applied by such Receiver to the payment of the
<br />indebtedness hereby secured, according to the law and the orders and directions of the court.
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