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<br />thereof to the GRANTOR at the address herein given and to such person or persons appearing to have acquired a
<br />subsequent record interest in said Property at the address given in the recorded instrument; where only the county
<br />and state is given as the address then such notice shall be mailed to the county seat, and to make and give to the
<br />purchaser of the Property at such sale, a certificate in writing describing the Property purchased, and the sum paid
<br />therefor, and the time when the purchaser (or other person entitled thereto) shall be entitled to the deed therefor,
<br />unless the same shall be redeemed as is provided by law; and said PUBLIC TRUSTEE shall, upon demand by the
<br />person holding the said certificate of purchase, when said demand is made, or upon demand by the person entitled
<br />to a deed to and for the Property purchased, at the time such demand is made, the time for redemption having
<br />expired, make and execute to such person a deed to the Property purchased, which said deed shall be in the
<br />ordinary form of a conveyance, and shall be signed, acknowledged and delivered by the said PU8L1C TRUSTEE and
<br />shall convey and quitclaim to such person entitled to such deed, the Property purchased as aforesaid and all the
<br />right, title, interest, benefit and equity of redemption of the GRANTOR, its successors and assigns made therein, and
<br />shall recite the sum for which the said Property was sold and shall refer to the power of sale therein contained, and to
<br />the sale 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 be referred to
<br />in such deed; but the notice of sale need not be set out in such deed and the PUBLIC TRUSTEE shall, out of the
<br />proceeds or avails of such sale, after first paying and retaining all fees, charges and costs of making said sale, pay to
<br />the beneficiary hereunder the principal and interest due on said note according to the tenor and effect thereof, and all
<br />moneys advanced by such beneficiary or legal holder of said note for insurance, taxes and assessments, with
<br />interest thereon at ten per cent per annum, rendering the surplus, if any, unto the GRANTOR, its legal representatives
<br />or assigns; which sale and said deed so made shall be a perpetual bar, both in law and equity, against the GRANTOR,
<br />its successors and assigns, and all other persons claiming the Property, or any part thereof, by, from, through or
<br />under the 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.
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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 as
<br />aforesaid; hereby fully and absolutely waiving and releasing all rights and claims it may have in or to said Property as
<br />a Homestead Exemption, or other exemption, under and by virtue of any act of the General Assembly of the State of
<br />Colorado, or as 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 encumbrances
<br />whatever, and the above bargained Property in the quiet and peaceable possession of the PUBLIC TRUSTEE, its
<br />successors and assigns, against all and every person or persons lawfully claiming or to claim the whole or any part
<br />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 assessments levied on the
<br />Property; any and all amounts due on account of principal and interest or other sums on any senior encumbrances, if
<br />any; and will keep the Property insured in accordance with the requirements of the Contract. Should the GRANTOR
<br />fail to insure the Property in accordance with the Contract or to pay taxes or assessments as the same fall due, or to
<br />pay any amounts payable upon senior encumbrances, if any, the beneficiary may make any such payments or
<br />procure any such 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 paid out of the
<br />proceeds of the sale of the Property if not paid by the GRANTOR. In addition, and at its option, the beneficiary may
<br />declare the 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.
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<br />And that in case of any default, whereby the right of foreclosure occurs hereunder, the PUBLIC TRUSTEE, the
<br />State as holder of the note, or the holder of a certificate of purchase, shall at once become entitled to the possession,
<br />use and enjoyment of the Property aforesaid, and to the rents, issues and profits thereof, from the accruing of such
<br />right and during the pendency of foreclosure proceedings and the period of redemption, if any there be, and such
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