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<br />RltCOldedat_ <br />R~tionNl' <br /> <br />O'dOC'_M.,--", <br /> <br /> <br />Recorder <br /> <br />DEED OF TRUST <br /> <br />THIS INDENTURE. Made this 11 th day ol <br /> <br />.19 94 .bet.....co:n <br /> <br />May <br /> <br />The Lower Arkansas Water Management Association <br />whose address is Box 1161, Lamar, CO 81052 <br /> <br />) <br />) <br /> <br />hereinafter referred to iIS grantor, and the Public Trustee olthe .Counlyof <br />Prowe rs . State of Colorado. hereinafter referred to as Public Trustee. <br />WITNESSETH, THAT, WHEREAS. <br />The Lower Arkansas Water Management Association <br />has ~ecuterll promissory nole or notes. hereinafter referred to in the singular. dated May 11, 1 994 <br />principal sum of $65.000.00 <br />payabletothePlderof The Colorado Water Conservation Board <br /> <br />. for the <br />""11m. <br /> <br />0" <br />~ <br />~" <br />\,., <br />'- <br />, <br /> <br />whosclddressis 1313 Sherman Street, Denver. CO 80203 <br />ten years .fter the date hertOf. with interest thereon lrom!he date lhercol <br /> <br />Illhcrateof 4.25 percentpc:nnnum.payab1c in ten yearly installments. ' <br /> <br />, ~., <br /> <br />'-.J <br /> <br />AND WHEREAS, the Jratltor is desirous of securinS payment ol the priocipal and intert$t of said promissory note in wtw.c nands.soever J.he; said <br />.~(lte~aybe. <..' . ...~{I... \~..J" <br />\.' NOW TH~a:o~E, the crantor, in eoruidenr;tion of the premises and for the purpose Iforesaid, dlXS hereby ,rant, bariain, seD. ~d'~~~!O <br />the said Public T~ltee in' trust forever, the following described property. situ.tte in the (:I 'j ..: CountyO~ <br />Prowers .-' .StateolCoIorado,towic ~:' <br /> <br />ALLWATER'RIGHrS, LAND, <br />THE ,FOLLOWING WELLS: <br /> <br />.,('':" _.(~ . <br />THE GRANTOR AND ASSOCIATED \IITH <br /> <br />AND FACILITIES OWNEO BY <br /> <br />NAME ' <br />Flint Well No. 1 <br />Flint Well No. 2 <br />Kelly Well <br />Baxter Well <br />State Well <br />Crum Well <br />Rar~in Well <br />Jj''WIltlrliAlhoUEST THIS "<.nto?>.;w.F <br />DEEO OF TRUST IS PARTIALLY <br />RELEASED ON MAY 2 1 1999 <br />~~ 1JJ&~4 <br /> <br />L.ORRAINE WOOLLEY, PUBLIC 1RUSTiE <br />PROWERS COUNTY. CO <br />..)-.f.,;d W.4fHl ( ,,~W.l1.1 <br />.)-./iAi:t ().J..t1.l -# ;( <br />lisokoownbystreetlDdnulllberu N/A <br />TO HAVE AND TO HOLD the same, tosetherwith alllOd singular the privilegesaod Ippurtcnaoce:s tbem11110 bcIoopns; In trust ocvtrtheIess, that <br />in cae ordefault in the payment olsaid DOte or Inypan thereof, or in the payment of the interest thereon aa:otdina to the tenor and e!feet o(said Dl>te, or in <br />the payment of Iny prior meulObnnces, principal or interest, if Iny, or in case default shall be made in or in c;:asc ol violation or breach of any of the terms, <br />conditions, covenants or qrecments herein contained, the beoeftdary hereunder or the legal bolder or the indebtedness secured bereby may declare a <br />viobtion of Iny of tbc covenants herein contained and mly elcd to Idvertise said property for sale, and dcm.nd such sale by filing a notice of election aod <br />demlnd for sak with the Public Trustee. Upon rc:ccipt of such notice of electkll and demand for sale, the Public Trustet: lha1I cause a copy of the same to be <br />rtO:lfded in the recorder'sollice oftbe COIInty in which Slid property is situated. The PublieTrustcelha1l tbeD Jive public notice olthe time and place olsale <br />by IdYeltiscment 10 be published lor lour weeks (once each week fQl'" li~ successive weeks) in some ncwspapcrotgcneral circulatioa at that time published <br />in the count)' or couotics ill which Slid pl1lpeny is located. A. copyofsuch notice shall be mliled within ten da)'Safterthe date of the Iim publication thueof <br />10 the &nnlor II theaddress given herein, tosuch penons appearing to hive Icquim:!llubsequent record intettSl in said tml~ It the addn::ss liven in the <br />~ illSlrument, and to Illy other pcrs(II1Sas may be providtd by Jaw. It shall aod IDly then be lawlullor the Public Trustte to seD said property for the <br />hishcst and besl price the same will brina in cash and to dUpose of tile same (en masse or in ICparalc puo:ls. as tile Slid P\rblicTrustce nu:y think br-st), <br />1000it.u with..:: t:o.:;iplt, title aGd illter'C:lt oftbc: ;;:':D:et' therein. a! J!l!b1ie='.lt'tW9 at c;y plSCt' u may be ~Iied toy p_tu!e."CI ~isnaled in Ule n<I1io:of <br />sale. The Public Tr\I$Iee sba.ll rna:n aod si~ 10 the purcbaser of such property al sueb sale, I CCfliDcl\c ill writiDl containiq; I desaiptioD of IUch PI1lPt'rty <br />purchased; the sum paid Ihcrefor; I statement tblt said purchaser shall be entitled to I deed therelor. tulIas the same sbaU be redeemed IS is provided by , <br />law: and iD Iheevent ofa CODtinuanoeofthe sale, a recital that the sale was duly coatinued. The Public Trustee shall, upon demaod by the penon holdinitthe <br />said CCJtifK:ate of purchase, when said demand is made or upon delnlOd by the persoa entitled to a deed to arKIlor the prnpcrty purchased at the time such <br />demand is made, the time lor redcroptioD havins apired, make aad c:r:ccule to such penon I deed to the said property purchased. Said deed shall be in the <br />ordinary form of alXlDYe)'aflcc, and shall be signt'd.acknowledlt'd and delivered by the $lid Public Trustee aad shall conlino the foreclosure We and selllnd <br />C'OlTVq' to sucb penon entitled to such deed, the Pl1lperty purchased as afornaid and all the right, title. interest, benefrt and equity ol redemption of the <br />pantor tberein. 1M ~blie Trustee sbaU, out of the proceeds or nails of such sale, after lirst paying all!i retainiog all ~ecs, chartes Ind cosh ofmaki"lt said <br />sale, pay to the beoelic:tary bereunderor the IqaI bolder of said note, the principal and interesl due on said nOl~ ICCOr~hn, to the tenor and e!fca then-of. and <br />all moneys advanced by such beneliciary or lepJ boIderofsaid note for insurance, lUes and assessments, with interest thereon at 8 per cellt per <br />Innum. renderinl the overplus, ilany. UDto those pcl'SOru entitled tberetoas a matter of law. Said sale aDd said deed so made shaU be a perpetual bar, both in <br />law and equiTy. agaillst the grantor and aU other penons claiming the said property, or an)' part thereof, by, from. through or under the snnll'r. ~ holder of <br />said note lOay purchase said pl'Opertyor any part thercof; and it shaU not be obligatory upon the purchaseral any such saJe to see 10 the appJicauon of the <br />purchase money. <br /> <br />NUMBER <br />24158-RF <br />24467-F <br />019743-F <br />019794-F <br />20725-F <br />019793-F <br />DI9792-F <br /> <br />LEGAL DESCRIPTION <br />NElf4 NElf4 SEC 10 T23S R43W <br />NWlf4 NElf4 SEC 10 T23S R43W <br />NEI/4 NWlf4 SEC 25 T22S R44W <br />NWlf4 NWl/4 SEC 9 T23S R42W <br />SElf4 SElf4 SEC 3 T23S R43W <br />NWlf4 SEI/4 SEC 10 T23S R42W <br />NWlf4 NWI/4 SEC II T23S R43W <br />NElf4 NWI/4 SEC 14 T23S R43W <br />ALL OF THe 6TH P.M., PROWERS <br />COUNTY, COLORADO <br /> <br />.lfiD Denver, insert ~Cil)'aodM. <br /> <br />No. 341A. Rt'1, 12.92. DEED OF TRUST (PlIblic ltnl"l WlIb 0... "'" Sa.1r a..v ~ <br />Bl'Idfnnl PuNi....inl. 1141 W~:r- ~p n.~..... ro R07m _/Vl'l2q7.~~OO_ R.q, <br /> <br />APPENDIX <br /> <br />t> <br />~g <br />,cU <br /> <br />:1 <br />e,.. <br />c. <br />'- . <br />-", <br />... <br />E~ <br />Cl.. <br />. .'o-,.s <br />..-:; <br />..... <br />~'d <br />':'::ll <br />". <br />..., <br />~~ <br />0... <br />h <br />..~ <br /> <br />D ~. <br /> <br />.' <br />