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the person holding 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 time for redemption
<br />having expired, make and execute to such person a deed to the Property purchased, which said deed shall be in the
<br />ordinary form of a conveyance, and shall be signed, acknowledged and delivered by the said PvB[.IC TRUSTEE and
<br />shall convey and quitclaun to such person entitled to such deed, the Property purchased as aforesaid and all the
<br />right, title, interest, benefit and equity of redemption of the GrtnN'rox, its successors and assigns made therein, and
<br />sha11 recite the sum for which the said Property was sold and shall refer to the power of sale therein contained, and
<br />to the sale made by 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 encumbrance, such assignment or redemption shall also be referred to
<br />in such deed; but the notice of sale need not be set out in such deed and the PUBLIC TRUSTEE shall, out of the
<br />proceeds or avails of such sale, after first paying and retaining all fees, charges and costs of making said sale, pay to
<br />the beneficiary hereunder the principal and interest due on said note according to the tenor and effect thereof, and
<br />all moneys advanced by such beneficiary or legal holder of said note for insurance, taxes and assessments, with
<br />interest thereon at ten per cent per annum, rendering the surplus, if any, unto the GRntvTOR, its legal representatives
<br />or assigns; which sale and said deed so xnade shall be a perpetual bar, both in law and equity, against the Gx~NTOR,
<br />its successors and assigns, and all other persons claimuig the Property, or any part thereof, by, from, through or
<br />under the G[tnNTO[t, or any of them. The holder of said note may purchase Properiy or any part thereof; and it shall
<br />not be obligatory upon the purchaser at any such sale to see to the applicarion of the purchase money.
<br />And the GRe~1vTO1t, for itself and its successors or assigns covenants and agrees to and with the PUB1,tC
<br />TRUSTEE, that at the time of the unsealing of and delivery of these presents it is well seized of the Property in fee
<br />simple, and has good right, full power and lawful authority to grant, bargain, sell and convey the same in the
<br />manner and form as aforesaid; hereby fully and absolutely waiving and releasing all rights and claims it may have in
<br />or to said Property as a Homestead Exemption, or other exemption, under and by virtue of any act of the General
<br />Assembly of the State of Colorado, or as any exemption under and by virtue of any act of the United States
<br />Congress, now existing or which may hereafter be passed in relation thereto and that the same is free and clear of all
<br />liens and encumbrances whatever, and the above bargained Property in the quiet and peaceable possession of the
<br />PUBLIC TRUSTEE, its successors and assigns, against all and every person or persons lawfully claiming or to claim
<br />the whole or any part thereof, the GRAN'ro[t shall and will Warrant and Forever Defend.
<br />Unril payment in full of the indebtedness, the GaalvTO[t shall timely pay all taxes and assessments levied
<br />on the Property; any and all amounts due on account of principal and interest or other sums on any senior
<br />encumbrances, if any; and will keep the Property insured in accordance with the requirements of the Contract.
<br />Should the GttAtv'roR fail to insure the Property in accordance with the Contract or to pay taxes or assessments as
<br />the same fall due, or to pay any amounts payable upon senior encumbrances, if any, the beneficiary may make any
<br />such payments or procure any such insurance, and all monies so paid with interest thereon at the rate of ten percent
<br />(1 U%) per annum shall be added to and become a part of the indebtetlness secured by this Deed of Trust and may be
<br />paid out of the proceeds of the sale of the Property if not paid by the GttnN'roR. In addition, and at its oprion, the
<br />beneficiary may declare the indebtedness secured hereby and this Deed of Trust to be in default for failure to
<br />procure insurance or make any further payments required by this paragraph. In the event of the sale or transfer of
<br />the Property, the beneficiary, at its option, may declare the entire balance of the note immediately due and payable.
<br />And that in case of any default, whereby the right of foreclosure occurs hereunder, the PUBLIC TRUSTEE, the
<br />State as holder of the note, or the holder of a certificate of purchase, shall at once become entitled to the possession,
<br />use and enjoyment of the 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 the period of redemption, if any there be, and such
<br />possession shall at once be delivered to the Pu6[,[C TRUSTEE, the State as holder of the note, or the holder of said
<br />certificate of purchase on request and on refusal, the delivery of the Property may be enforced by the PUB[.cc
<br />TRUSTEE, the State as holder of the note, or the holder of said certificate of purchase by an appropriate civil suit or
<br />proceeding, and the Pus[.tC TRUSrEE, or the holder of said note or certificate of purchase, or any thereof, shall be
<br />entitled to a Receiver for said Property, and of the rents, issues and profits thereof, after such default, including the
<br />I I"III "III I'III'IIIII' III"II IIIII~~I III IIII~ II~I I"I
<br />194174 03/2°i/1999 10:32A 6379 P836 AMENDDT
<br />2 of 4 R 21.00 D 0.00 N 0.00 Clr Crk Cnty, Co
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