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demand by the person holding the said certificate of purchase, when said demand is made, or upon
<br />demand by the person entitled to a deed to and for the Property purchased, at the time such demand is
<br />made, the time for redemption having expired, make and execute to such person a deed to the Property
<br />purchased, which said deed shall be in the ordinary form of a conveyance, and shall be signed,
<br />acknowledged and delivered by the said Pua~ic TRUSTE~ and shall convey and quitclaim to such person
<br />entitled to such deed, the Property purchased as aforesaid and all the right, title, interest, benefit and
<br />equity of redemption of the Gw4NTOR, its successors and assigns made therein, and shall recite the sum
<br />for which the said Property was sold and shall refer to the power of sale therein contained, and to the sale
<br />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
<br />referred to in such deed; but the notice of sale need not be set out in such deed and the PuBUC TRUSTEE
<br />shall, out of the proceeds or avails of such sale, after first paying and retaining all fees, charges and costs
<br />of making said sale, pay to the beneficiary hereunder the principal and interest due on said note
<br />according to the tenor and effect thereof, and all moneys advanced by such beneficiary or legal holder of
<br />said note for insurance, taxes and assessments, with interest thereon at ten per cent per annum,
<br />rendering the surplus, if any, unto the GRaNroR, its iegal representatives or assigns; which sale and said
<br />deed so made shall be a perpetual bar, both in law and equity, against the G~,N~ oR, its successors and
<br />assigns, and all other persons claiming the Property, or any part thereof, by, from, through or under the
<br />GRANTOR, or any of them. The holder of said note may purchase Property or any part thereof; and it shall
<br />not be obligatory upon the purchaser at any such sale to see to the application of the purchase money.
<br />And the GwarvTOR, for itself and its successors or assigns covenants and agrees to and with the
<br />PUBLIC TRUSTEE, that at the time of the unseaiing of and deiivery of these presents it is weil seized of the
<br />Properry in fee simple, and has good right, full power and lawful authority to grant, bargain, sell and
<br />convey the same in the manner and form as aforesaid; hereby fully and absolutely waiving and releasing
<br />all rights and claims it may have in or to said Property as a Homestead Exemption, or other exemption,
<br />under and by virtue of any act of the General Assembly of the State of Colorado, or as any exemptlon
<br />under and by virtue of any act of the United States Congress, now existing or which may hereafter be
<br />passed in 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 PuB~iC TRUSTEE, its
<br />successors and assigns, againsf all and every person or persons lawfully claiming or to claim the whole or
<br />any part thereof, the G~a,NTOR shall and will Warrant and Forever Defend.
<br />Until payment in full of the indebtedness, the GRA-vTOR shall timely pay all taxes and assessments
<br />levied on the Property; any and all amounts due on account of principal and interest or other sums on any
<br />senior encumbrances, if any; and will keep the Property insured in accordance with the requirements of
<br />the Contract. Should the G~,NTOR fail to insure the Property in accordance with the Contract or to pay
<br />taxes or assessments as the same fall due, or to pay any amounts payable upon senior encumbrances, if
<br />any, the beneficiary may make any such payments or procure any such insurance, and all monies so paid
<br />with interest thereon at the rate of ten percent (10%) per annum shall be added to and become a part of
<br />the indebtedness secured by this Deed of Trust and may be paid out of the proceeds of the sale of the
<br />Property if not paid by the GRAtvTOR. In addition, and at its option, the beneficiary may declare the
<br />indebtedness secured hereby and this Deed of Trust to be in default for failure to procure insurance or
<br />make any further payments required by this paragraph. In the event of the sale or transfer of the
<br />Property, the beneficiary, at its option, may declare the entire balance of the note immediately due and
<br />payable.
<br />And that in case of any default, whereby the right of foreclosure occurs hereunder, the PuBUC
<br />TRUSTEE, the State as holder of the note, or the holder of a certificate of purchase, shall at once become
<br />entitled to the possession, use and enjoyment of the Proper[y aforesaid, and to the rents, issues and
<br />profits thereof, from the accruing of such right and during the pendency of foreclosure proceedings and
<br />the period of redemption, if any there be, and such possession shall at once be delivered to the PuB~~c
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