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C150086 Contract
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C150086 Contract
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Last modified
3/7/2013 12:25:39 PM
Creation date
10/6/2006 12:26:35 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150086
Contractor Name
Glenwood Irrigation Company, The
Contract Type
Loan
Water District
40
County
Garfield
Bill Number
SPL
Loan Projects - Doc Type
Contract Documents
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<br />I fllllllllll 111111 11111111111 II IIIIIK ::111111111I1111 <br />600895 04/08/2002 03:50P 81344 P330 " ALSDORF <br />3 of 3 R 15.00 D 0.00 GARFIELD COUNTY CO <br /> <br />COpy <br /> <br /> <br />time covered by foreclosure proceedings and the period of redemption, if any there be, and shall be <br />entitled thereto as a matter of right without regard to the solvency or insolvency of the GRANTOR or of the <br />then owner of said Property and without regard to the value thereof, and such Receiver may be appointed <br />by any court of competent jurisdiction upon ex parte application and without notice - notice being hereby <br />expressly waived - and all rents, issues and profits, income and revenue therefrom shall be applied by <br />such Receiver to the payment of the indebtedness hereby secured, according to the law and the orders <br />and directions of the court, <br /> <br />And, that in case of default in any of said payments of principal or interest, according to the tenor <br />and effect of said promissory note or any part thereof, or of a breach or violation of any of the covenants <br />or agreements contained herein and in the Contract, by the GRANTOR, its personal representatives or <br />assigns, then and in that case the whole of said principal sum hereby secured, and the interest thereon to <br />the time of the sale, may at once, at the option of the legal holder thereof, become due and payable, and <br />the said Property be sold in the manner and with the same effect as if said indebtedness had matured, <br />and that if foreclosure be made by the PUBLIC TRUSTEE, an attorney's fee in a reasonable amount for <br />services in the supervision of said foreclosure proceedings shall be allowed by the PUBLIC TRUSTEE as a <br />part of the cost of foreclosure, and if foreclosure be made through the courts a reasonable attorney's fee <br />shall be taxed by the court as a part of the cost of sLich foreclosure proceedings, <br /> <br />It is further understood and agreed, that if a release or a partial release of this Deed of Trust is <br />required, the GRANTOR, its successors or assigns will pay the expense thereof; that all the covenants and <br />agreements contained herein and in the Contract shall extend to and be binding upon the heirs or assigns <br />of the respective parties hereto; and that the singular number shall include the plural, the plural the <br />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 />The Glenwood Irrigation Company, a Colorado <br />nonprofit corporation <br /> <br />By .~~J~ <br /> <br />arter T, Jackson, President <br /> <br />El <br />, Raymo ';FTtiompson, Corporate Se etary <br /> <br />State of Colorado <br /> <br />) <br />) <br />) <br /> <br />SS <br /> <br />County of Garfield <br /> <br />The foregoing instrument was acknowledged before me this :?.?day of March 2002, by Carter <br />T, Jackson as President and Raymond F, Thompson as Secretary of The Glenwood Irrigation Company. <br />Witness my hand and official seal. <br /> <br />~~ <br /> <br />Notary Public <br /> <br /> <br />t:\ .My commission expires: ;l- cJ g.. ~ <br /> <br />\V\~Tl')' <br /> <br />olorado Wate! Conservation Board <br />epartment of Natural Resources <br />313 Sherman Street, Room 721 <br />~ - ... -. <br />
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