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<br />as is provided by law; and said PUBLIC TRUSTEE shall, upon demand by the person holding
<br />the said certificate of purchase, when said demand is made, or upon demand by the person
<br />entitled to a deed to and for the Property purchased, at the time such demand is made, the
<br />time for redemption having expired, make and execute to such person a deed to the
<br />Property pu~chased, which said deed shall be in the ordinary form of a conveyance, and
<br />shall be sig.ned, acknowledged and delivered by the said PUBLIC TRUSTEE and shall convey
<br />and qUitclaim to such person entitled to such deed, the Property purchased as aforesaid
<br />and all the right, title, interest, benefit and equity of redemption of the GRANTOR, its
<br />successors and assigns made therein, and shall recite the sum for which the said Property
<br />was sold and shall refer to the power of sale therein contained, and to the sale made by
<br />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
<br />redemption shall also be referred to in such deed; but the notice of sale need not be set out
<br />in such deed and the PUBLIC TRUSTEE shall, out of the proceeds or avails of such sale, after
<br />first paying and retaining all fees, charges and costs of making said sale, pay to the
<br />beneficiary hereunder the principal and interest due on said note according to the tenor and
<br />effect thereof, and all moneys advanced by such beneficiary or legal holder of said note for
<br />insurance, taxes and assessments, with interest thereon at ten per cent per annum,
<br />rendering the surplus, if any, unto the GRANTOR, its legal representatives or assigns; which
<br />sale and said deed so made shall be a perpetual bar, both in law and equity, against the
<br />GRANTOR, its successors and assigns, and all other persons claiming the Property, or any
<br />part thereof, by, from, through or under the GRANTOR, or any of them. The holder of said
<br />note may purchase Property or any part thereof; and it shall not be obligatory upon the
<br />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
<br />and with the PUBLIC TRUSTEE, that at the time of the delivery of these presents it is well
<br />seized of the Property in fee simple, and has good right, full power and lawful authority to
<br />grant, bargain, sell and convey the same in the manner and form as aforesaid; hereby fully
<br />and absolutely waiving and releasing all rights and claims it may have in or to said Property
<br />as a Homestead Exemption, or other exemption, under and by virtue of any act of the
<br />General Assembly of the State of Colorado, or as any exemption under and by virtue of any
<br />act of the United States Congress, now existing or which may hereafter be passed in
<br />relation thereto and that the same is free and clear of all liens and encumbrances whatever,
<br />and the above bargained Property in the quiet and peaceable possession of the PUBLIC
<br />TRUSTEE, its successors and assigns, against all and every person or persons lawfully
<br />claiming or to claim the whole or any part thereof, the GRANTOR shall and will Warrant and
<br />Forever Defend.
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<br />. Until payment in full of the indebtedness, the GRANTOR shall timely pay all taxes and
<br />assessments levied on the Property and any and all amounts due on account of principal
<br />and interest or other sums on any senior encumbrances, if any. Should the GRANTOR fail to
<br />pay taxes or assessments as the same fall due, or to pay any amounts payable upon senior
<br />encumbrances, if any, the beneficiary may make any such payments. and all monies so
<br />paid with interest thereon at the rate of ten percent (10%) per annum shall be added to and
<br />become a part of the indebtedness secured by this Deed of Trust and may be paid out of
<br />the proceeds of the sale of the Property if not paid by the GRANTOR. In addition, and at its
<br />option, the beneficiary may declare the indebtedness secured hereby and this Deed of Trust
<br />to be in default for failure to 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,
<br />the PUBLIC TRUSTEE, the State as holder of the note, or the holder of a certificate of
<br />purchase, shall at once become entitled to the possession, use and enjoyment of the
<br />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 tRe period of redemption, if
<br />any there be,. apd such possession shall at once be delivered to the PUBLIC TRUSTEE, the
<br />State as h-olqeF-df.th:~"note, or the holder of said certificate of .purchase on request and on
<br />refusal, the.,deli:vl'flY,oMhe. Property may be enforced by the PUBLIC TRUSTEE, the State as
<br />holder of JlJe 'hole; or Ui'eholder of said certificate of purchase by an appropriate civil suit or
<br />proceedrng" and-.the PUBLIC TRUSTEE, orthe holder of said note or certificate of purchase, or
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