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<br />And the sranlor(Xl'llmanb and agrees 10 and With tile PublicTrustee,lhat II the tiTr\1: ofthc ensealinl o!and ddivtry of these prr:smts be u _U seiled of
<br />the said land and IClK'ments ill fee simple. and hu good righl, full power and lawful authority to grant. bal'plll, sell and convey the same in the manner and
<br />form as aforesaid: Ilen:by fully and ab$olulely Wlliving and rtlc:uing an ri&hts and cl.ina he may have in or to said lands, tenements, and propcny as I
<br />Homestead Exemption, Of other exemption. under and by vinuc of any act urIne General.....~mbly of the Slate of Colorado. or as any exemption unckt
<br />and by vinueofany Ic:tofthc United States Con&ress, now existingQr which may hcrca/\er be passed in relation therelo and thai thc samean: free and clear
<br />ofaUlienlJandmcumbranctSwhatever,e:r.cept
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<br />and the above barpined property in thequiet and peaceable possession mOle Public Trustee, against all and every penoo or penonslawfully claimilliorto
<br />daim the whole or any part thereof. the JT1.Dtof sha11 and will Wamnt aDd Forever Defend.
<br />Until payment in fuD of lhe indcbtedDCSS, the llfIotor shall tillH:ly pay all Well and assessments levied on lbe propeny; any and all amounts due on
<br />aCClJUnt of principal and inleml or other sums l)D aoy senior eDCllmbnnces. if any; and will keep aU imPft'"'emmts thai may be on said lands iosured
<br />apinst any casualty k:Jss, includiol a.tended ~ra&e. io a compaDY or companies meetiolthe net wonh ~uimm:nts of the bene&ciary hereof io an
<br />amount which will yield to the holder of the ilUjebtedne:ss, after reduction by co-insurance provisions of the policy, if aoy, noc less than the theo. total
<br />indebtedness. EacbpolicyshaUCOOLainalossplyableclausenamiDgtbebeoeficiaryulllDf1p&eeaodshaUfultherprovidethattheiDsuraDccm ayootbe
<br />canceled uport less than ten days written notice to the beneficiary. At the optioD of the beneficiary, the ori&ill81 policy or policies of insurance sha1l be
<br />delivered to the beneficiary as further security for the indebtedness. SbouId the pIItar fail to insure and deliver lbe poIiciesorto pay wesorassessmmts lIS
<br />the same fall due, or to pay aDY amounts payable upoo senior CIlCWllbranoes, if.aDy, the: beneficiary IIlIY ~c IOY sudt payments or ~ aDY such
<br />insurance, and alImooies so paid with interest ~reoo at the rate of 13 IJiI per annum sha1I be added to InlI. bcrome a part of the indebtedness secured
<br />by this Deed oflhtst and rosy be paid out of the I)tOCCeds of the sale ofthepropcrty ifnOl paid by the p:antor. Il!. addition, and at its option, the bene6ciary
<br />may ded.are the iodel;ltedoess secured hereby and this Deed of Trust to be iD default for WIure to procure insUf;t.oce or make any of the payments required
<br />by this paraanplL .
<br />If aU or any part oftbe property Of III iOlerut therein is sold or transferred by the grutor without beneflci~'s prior written consent, tll.cludinl{a) the:
<br />creation of alien or tIICIImbrallct subordinlle 10 this Deed of Trust, (b) the creation ofa pwdwe mool:)' SCQlrity iDterest for bousebold IPPJiaoces, {c} a
<br />traNfer by devise, descent or by operation ofb.wllpOo the death ofljoiot lC1llOt or (d) the srant of illY leasehold inl~ ofth~ years or less not
<br />containinllO option to pun::hase, beneficiary m~, at bcnc:liciary'soptioo, declared the sums secured bythi, Deed of Trust to be immediately due and
<br />payable.BeneficiatYshallha~waivedSllChoptiontoaccelcrateir.priortothesaleortransfer.beneficiaryand1l!epersonlOwhomlbePropertyis lObe sold
<br />or transferred reach apttmelIt in writinl that the eredit of sueh penon is satisfactory to beDeflciuy and that \he interesl paylble on the sums ~ by
<br />this Deed of Trust sbalI be II such 1'I1e as heneliC:iary sball request.
<br />ANDnlAT IN CASE OF ANY DEFAULT whereby the risbtofforcdosure occun henunder, the hoIderClfsaid nole orcenificate of purchase shall at
<br />once become CIltit1ed 10 the pnsses.sion, use and tnjoyment of the property aforesaid. and 10 the rents, issues ~d profits thereof. from the accruing of sucb
<br />rilhl .nd durilll tbe pelldenty of fon:dosUR pnxeedinp and the period of redetnption, if &IIY there be: and $tiel.!. possession shall at onee be delivered to the
<br />hoIdcr of said ooteorcertiflcaleofpurcbaseoa request, and on refusal, the delivery ofS\ldl possession ro~beCllforcedbytheholderofsaid note or
<br />ceni6c:ateofpurchase by any appropriate ci"iJ Sllil or proceedios,IDd the boIderofsaid DOte or certificate ofP\lrcbase. or IOY ~f, shall be CIltitled In a
<br />Rco:iver fOf said property, tnd of the rents, iSSlles and profits them>f, after such default. induWlII the time ~ by foreclosure proceedings and the
<br />period of redemption. if any there be. and sha11 he: entitled thereto u I matter of nlbt wilhout reprd to the SOlvency or iosolvency of the grantor or of the
<br />lhen owner of said property and without reprd to the value thereof, and such Receiver may be appointed by ltny cour1 of competenl jurisdictioo upon tll.
<br />-parte application and; without noticc - notice ~ol hereby tll.prcssly waived - ~ aU rents, issues and proftts, iDco!l1e -.ad revenue therefrom shall be
<br />applied by such Rcet1ver 10 the payment of the indebtedness hereby secured. ICCOtdiIll to the Jaw and the llt"dtn and dircctlOtlS of the court.
<br />AND. that iD cue of default io any of sak1 payments of principal or interest. accordin& 10 the tenor aOCl elfcct of said promissory Dote or illY part
<br />tbr:reof,orofabre:acb or violation ofanyofthe~tsorapttmentsberein.bythegrantof, tbera Iud iD thl\casc:thewboleofsaid principal sum hereby
<br />secured and the interest thereoD to the lime of Ih:e sale mayat once. &I the option of lbe lepJ bolder thereof, bel.:ome due and payable. aud the said property
<br />be sold in the mlnner Iud with the same elfecl.1I i!said iDdeblednea bad matured, and that irroreclosun: be lnade by the Public Trustee, In an~'s fee
<br />oftheS\lmof. dollars
<br />for servitu in the supervision of said fam:losurt proceedinp shall be allowed by the Public Tnmee as a pat! oftbemst offoreclosure. aud iffom:!osurt be
<br />mlde throush Ute courts a rt:asonable atlomcy's fee sbalI be taxed by the cour1 as a part oftbe cost ofsuc:b fol:eclosure proeeediop.
<br />It II FUJtbet' UlI6entoo4 and AI~ that if I RIeue of this deed oftrust is requiRd, the grantor will pay !.be tll.penJt thereof: that all the COYeflCllts and
<br />Igreements berc:in contaioed shall extend 10 and be biDdiIll upon the heirs, personal repre:scntatives. SIICl:CSOTs and assigns of the ~ve parties hemo;
<br />and that the sillJUlar DUmber sbaU include the plural, the plural tbe siDgular. lnd the use?f any render shaD be applicable to all ~
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<br />E.tccuted this _..! I t5. day of
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<br />~'i~in. instrument...as aCknOWled~fore me this
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<br />My commission tJ,pires: '"- -:2> h 9.
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