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<br />08/21/2002 11:20 REC FEE: $20,00 PAGE #: 0002 OF 0004 <br />MOFFAT COUNTY, CO, BEVERLY JOHNSON - CLERK/RECORDER DOCU#: 2002L 3734 <br /> <br />published in said county, a copy of which notice shall be mailed within ten days from the <br />date of the first publication thereof to the GRANTOR at t/:1e address herein given and to such <br />person or persons appearing to have acquired a subsequent record interest in said <br />Property at the address given in the recorded instrument; where only the county and state <br />is given as the address then such notice shall be mailed to the county seat, and to make <br />and give to the purchaser of the Property at such sale, a certificate in writing describing the <br />Property purchased, and the sum paid therefor, and the time when the purchaser (or other <br />person entitled thereto) shall be entitled to the deed therefor, unless the same shall be <br />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 <br />demand by the person entitled to a deed to and for the Property purchased, at the time <br />. such demand is made, the'time for redemption having expired, make and execute to such <br />person a deed to the Property purchased, which said deed shall be in the ordinary form of <br />a conveyance, and shall be signed; acknowledged and delivered by the said PUBLIC <br />TRUSTEE and shall convey and quitclaim to such person entitled to such deed, the Property <br />- --ptlf-el1asee-as-afor.esakJ-afltl-aH-tfte-r-i~itle;-ifttef-est,.-l3eftefrt--anel--eqtJity-of-red-emption--of- <br />the GRANTOR, its successors and assigns made therein, and shall recite the sum for which <br />the said Property was sold and shall refer to the power of sale therein contained, and to the <br />sale made by virtue thereof; and in case of an assignment of such certificate of purchase, <br />or in case of the redemption of the Property, by a subsequent encumbrance, such <br />assignment or redemption shall also be referred to in such deed; but the notice of sale <br />. need not be set out in such deed and the PUBLIC TRUSTEE shall, out of the proceeds or <br />avails of such sale, after first paying and retaining all fees, charges and costs of making <br />said sale, pay to the beneficiary hereunder the principal and interest due on said note <br />according to the tenor and effect thereof, and all moneys advanced by such beneficiary or <br />legal holder of said note for insurance, taxes and assessments, with interest thereon at ten <br />per cent per annum, rendering the surplus, if any, unto the GRANTOR, its legal <br />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 <br />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 <br />thereof; and it shall not be obligatory upon the purchaser at any'such sale to see to the <br />application of the purchase money. <br /> <br />And the GRANTOR, for itself and its successors or assigns covenants and agrees to <br />and with the PUBLIC TRUSTEE, that at the time of the unsealing of and delivery of these <br />presents it is well seized .of the Property in. fee simple, and has good right, full power and <br />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 <br />have in or to said Property as a Homestead Exemption, or other exemption, under and by <br />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 <br />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 <br />possession of the PUBLIC TRUSTEE, its successors and assigns, against all and every <br />person or persons lawfully claiming or to claim the whole or any part thereof, the GRANTOR <br />shall and will Warrant and Forever Defend. <br /> <br />Until payment in full of the indebtedness, the GRANTOR shall timely pay all taxes and <br />assessments levied on the Property; any and all amounts due on account of principal and <br />interest or other sums on any senior encumbrances, if any; and will keep the Property <br />. . <br />