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<br />.111111I 11111 1111111 1111 111I1 .I.I.III.~IIII_~.I.. 1111 I... <br />. 28709114 08/01/2001 04:11P JA Suki l' '~molo <br />3' of 3 R 15,00 D 0,00 Weld County C" ' <br />. of purchase, or any thereof, shall be entitled,to a Receiver for saidProperty, andofthe rents, issues <br />and profits thereof, after such default, including the time covered by foreclosure. proceedings and the <br />period of redemption, if any there be, and shall be entitled thereto as a matter of right without regard <br />to the solvency or insolvency of the GRANTOR or of the then' owner of said Property and without <br />regard to the value. thereof, and such Receiver,/llay be appointed by any court of competent <br />jurisdiction upon ex parte application and without notiCe . notice being hereby expressly waived - and <br />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 <br />the court. <br /> <br />And, that in case of default in any of said payments of principal or interest, according to the <br />tenor and effect of said promissory note or any part thereof, or of a breach or violation of any of the <br />covenants or agreements contained herein and in the Contract, by the GRANTOR, its personal <br />representatives or assigns, then and in that case the whole of said principal sum hereby secured, and <br />the interest thereon to the time of the sale, may at once, at the option of the legal holder thereof, <br />become due and payable, and the said Property be sold in the manner and with the same effect as if <br />said indebtedness had matured, and that if foreclosure be made by the PUBLIC TRUSTEE,. an <br />attorney's fee in a reasonable amount for s'ervices in the supervision of said foreclosure proceedings <br />shall be allowed by the PUBLIC TRUSTEE as a part of the cost of foreclosure, and if foreclosure be <br />made through the courts a reasonable attorney's fee shall be taxed by the court as a part of the cost <br />of such foreclosure proceedings. <br /> <br />It is further understood and agreed, that if a release or a part\al,release of this Deed of <br />Trust is required, the GRANTOR, its successors or assigns will pay the expense thereof; that all the <br />covenants and agreements contained herein and in the Contract shall extend to and be binding upon <br />the heirs. or assigns of the respective parties hereto; and that the singular number shall include the <br />plural, the plural the singular, and the use of any gender shall be applicable to all genders. ' ' <br /> <br />Executed the day and date first written above. <br /> <br />Owl Creek <br />Colera <br /> <br /> <br /> <br />Steve Cecil, President <br /> <br />B <br /> <br />State ofCoiorado <br /> <br />) <br /> <br />County of WelJ i SS <br /> <br />The foregoing instrument was acknowledged before me this J ~ day of ~u1~ <br />, 2001, by Steve Cecil as President and Donn Engel as Secretary of the Ow~Creek Supply <br />and Irrigation Company. Witness my hand and official seal. ' '~ ~ <br /> <br />-;~ ~ <br /> <br />ot~bli <br /> <br />My commission expires: /I/()g/OZ-. <br />r I <br /> <br />TIMOTHY J. DOW <br />NOTARY PUBLIC <br />STATE OF COLORADO <br />