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<br />Nam o1 Corpoi~lion Par merSnlp Or Assoaabon
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<br />(Vt Secretary
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<br />6TgTE OF COLOFADO 1
<br />couNTroF PROWERS 1 ss.
<br />ThP Inrpq pni0 a+sl n,m Pnl was ac4 npwlPdgCd DPIOIP me this
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<br />(al it ilia Properly conslrlules an interest in econtlominrum unit, lO COmplywith all r¢alriclionf endr iremenl4impOfetlbytnetondominiumtletlere-~,Q
<br />Iron and by the bylawf rules and regWatlons of Ise homeowne(s association; /~ Dr
<br />(I) 10 'strain Irom changing Ise toning of Ise Properly, without Ih¢ written oOnsenl of the BenellCiery, l
<br />(gl 10 ;fay when due Ise in0ebta0ne3f feturetl Dy any pre Or encumbrance:
<br />(h) IO reimburse Ise Beneficiary for any amounts which Ise Benehciery advances m order to Lure delaults by the Debtor with refpatt to Ise Daymenl of
<br />19a :3, essessmenls, insurance premiums, antl emOUnla due On prior ¢ntumbran Ce3, antl 10 pay Inl<refl On the 8mpunt atlvance0 91 Iha tlelaull inler-
<br />esI rate. Ina Debtor hereby eulhOrizes the Benellcary l0 cure any suth'tlelaulls by IDs Debtor:
<br />(r) Ile loreclosure proceeding is commencetl.IO pay all of lhecosts of the proceeding including but not necessarily limited to public trustee'slees,publl-
<br />calion costs, the cost OI obtaining Idle evidence, and reasonahle attorney's lees and to reimburse the Benellclery for any of those items paid Dy the
<br />B¢neticiary IOyether with InlereSl at the tlelaull mt¢rest rate:
<br />III 10 surrender possession of Inr Property peacefully al such Ilme as Ina Debtor's right of possession of the Property lerminales.
<br />(k) Il the Properly rpnsisls in pail n. enlvrly otitis Dehmi's mlere5l ASale55ee. IO Comply wtlh antl sahsly inabmely manner all of lh¢ObllgabOns ender
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<br />D!f sill( end ACCllefallOn. The Debtor will be con5i0ered to have defaulted under This Deed of Trust it Ise DeblOr (i) tlefaults on the n019(s) or Other
<br />mavumenl ewtlen cmg Ina I ndebtetlness or UU lads to perform Or ooserve any Omer covenant or term of this Deed of Trust. or (nf)15 adjutllcaled a Denk-
<br />rupl Or makes a general aafrgnmenl for Ise henelil of nix creOllors. In Ina even) of any such tlelaull. the B<nelitisry may declare Ina entire balance Ot the
<br />Intl¢bte tlness imme0ialely tlue and payable li e.may"accelerate"Ina lndebletlnessl and may then lake the lOllOwing remedial actions InaBM<figiery
<br />may take immatliale possession antl control of the Property and repair antl maintain II al the expense OI the Debtor, the Benellclery may collect end re-
<br />Ceiv¢ aif y antl al I rents. issues. antl prOlils Irom the Property, and the Oenellciary may apply for Ina appoinlmenl of a receiver antl shall be enlilled to fucn
<br />app Oln'ment as a mailer OI nyht. wnnonl regard to In¢ solvency of m501vency of the Denlor antl wilhuul regard to IhE value OI the Property and eta ade-
<br />quacyasaecunlyforlhelntle0letlness me receiver may De appomled by acourt olcOmpelenllw lstl¢hon upon es pane apphcelion end wtlnout notice.
<br />nOliG¢ teing eapreafly welvetl by Ina Debtor In atltliliOn. the Benellciary may Inslilirle IoreGlOSUre, as prOVitletl in the neat peregrepn.
<br />FOCBI.Ie1tB f!. II Ina Debloi delaults iintler Ihis Deed of T rust, ono wnelher or not the Benellciary steels to accelerate Iha Indebtedness tef allowed un-
<br />der Ina precetlrng paragraph) Ina Benellciary may instil ute Ina sale of the ProDerlY Dy making the Demand and giving Iha notices required by Colored0
<br />law Tne sale may De held pursuant shoat loacourllmPClosure suit or to an anmmisvalwe proceeding conducted by the PuDbt Trusty<ine3alefNlt ba
<br />s[n¢tlul¢tl and COntluCletl and notice OI IhC Sale antl OI IhP rights to cure Oelaulls antl to re0eem shell p¢ given, all as provided Oy Colorado law. Unless
<br />Cplorarfo law prpvitletl otherwise notice of sale snail be atlverliseo weekly for not less than lour weeks in some newspaper pl general clrculetion in Ina
<br />county where the PrODerty is located The Sale shall be public antl shall De held at the front door of the toun houfe In which the Property lS located, or at
<br />such other lawlul place as provioed by law Tne Property snAll De soltl to lne highest bidder. Tne Benellciary may Decomeepurchaser oltha Property et
<br />the sale Tne Propen}'shall De solo In separate parcels or as One parc¢I,aS the PUbl2 Trustee tlelelmmeswould be mosletlvanlegeou3.ThePUbtiCTrus-
<br />IPP5hali5AiPalCPNIiCalCSdnUdoP•IC as JUlhOivCtl aPA n`qurti`d ny Colorado l,Iw ThP PuMi[T'lldee shell tlP.dwimmeprOC<etlsptlhesdeasprtl-
<br />v~dednvColoiadnlaw antl ua pm Ulaav shAll ter onlignlPd lO Sei•hi hie apltli[alinn nl loose pld[CrAS the sale shall forever tier lh¢D¢blor Irom claiming
<br />any /hrr051 .n Ilw PI OI`eily euh p`t'I IO ,III nphls nl ietl2mplipn ryoVidkA nV DdlglaAO law
<br />AppIIf:B(100 Ol Funds. amounts pavaMe Dy insurors under oar: antl msuran[e p01¢ies rovenng the Property. wnelher paid l0 the Dablor Or Ise Bene-
<br />haary. snau be used ro i encore a i span the Propmly umnssnn Ina IeasnnaMe lutlgemem of Ina Benehcmry, it would be necefaery to apply all or a portion
<br />of the p'oceetls to the Indebtedness m order to proten Ise seumty nl Ina Benehuflry In order to enable Ina BeneDCiary to eaeruse tilt nghts underlhis
<br />paragraph, Ina Debtor shall promptly inform Ina Benehuary as to me tan of any loss nr damage to the Properly, Ina amount of evmlabla insurance pro-
<br />ceetls.lne cost of iesloravon Or repair. and as to all Omer InlormAllon reasonahly requesletl by the Benel¢lary Any mwrence proceeds wMCn are to be
<br />pm0 on I he I nOe Madness. lOlbwmg Inc Benevaary's reasons Dle tleterm inanon maI such payment is necessary to protect his securely, and any amounts
<br />recPwud Dy me BenCl4iary nr Ly a reuav Pi lidm condemning manor ales or 1+om psi sons payrnq rem or myalbes alter a Oelaull, sn011 b¢ appbed 1n the
<br />InllOwinq manner in Inr lolluwinq OrACr III as a payment in the Henehaury l0 relmburse nun IOr costs. Including reasonable attorney's lees. mcu tree 10
<br />collect siren amounts. pp as a payment in sahslaction of any past-due payments on the ntlebletlness. trio as opts-payment on the lndebtednesa; end
<br />(IVl as a rehmtl In InP Dehlor w Ina extent Ihel the Intlenletl ness has been fully paiA Any amounts aDPlretl as a partial pra-paymanl of the lndebletlnasf
<br />shall nt I delrr or alter Ina bminq dnA amounts ul m5l allmenls of Intlebtetlness Iherealla lallmq tloe. ¢acepllOlna ¢xl¢nI that Ne io5tallm¢ntf last telling
<br />due are salisllPtl tfy virtue of any parliAl pre-payment
<br />$Ubaf QUBn( PBrtlel. All references m Ihis Deed of Tnid lO Ina"Benellciary' Inclutl0 not only the Benellciary named under $pacdic Terms above,
<br />Dul x15[ any person or entity who becomes the Owner of the nolelsl Or Other evidence of Ina Indebtedness oiler the tlate OI Ihis Deatl 01 Trust, the reler-
<br />ente dI;.O includes the holder 01 a C¢r1illCAle of purchase i551ieA In conlrincllOn with a loreclosu r¢ sale rfnoer Ihis Deed of Trust. II any person Other Ivan
<br />Ina Debtor acquires any In1¢rest in the properly m Ina lulure, that person shall he subled to all OI Ina covenants, oDligahOnS, and resincb Ons of this Deed
<br />of Trust to the same e.Ient as me Debtor, and accmdmgly, au I¢t¢rences m Ihis Deed of T rust to the"Debtor" mclutle Inat Gerson, lots shall not, however,
<br />release 'h¢ Oriq in Al Denlor Oi any intervening D¢nlnr Irom ODliydliOn On Ihis Deed OI Tru St ono on Ina note or Other instrument evltl¢nGing the Intlebled-
<br />n¢55, 10 In¢ 6.1¢nl Ihdl IhOSP Unllgdlinn5 01n Pr W15C Pu51
<br />DDB Olt $Jlle. II all ur any pail OI lne Rnpr. rty or env lnleresl in Ina Properly is sold or IranslerreO In a IranSatlion which is a "prOhibitetl seleOrtranf-
<br />ler", Ina Benellciary may al his Option. (real Ihis Deatl of Triisl as being in Oelault antl may accelerelO the Indebtedness of providetl above. ll lne Beneli-
<br />aary is prpmbiled Dy Colorado law hom ner,lanny Inc tlelaull antl acceleration, the Benellciary may nevertheless require the transferee t0 accept a lawlul
<br />lnleresl 'ate mo¢ase Inc ref usal of torture of me vansleree t0 accept m wrung the lawlul interest rate Increase shall conslllute m itself a tlelaull untler Inif
<br />Deed of Trust A'Pmfaniled sMr or lransler rsany sale Or bander, mcludinq onemwhrch lheconveyancPOl title lsdelerred. antllncluding lhegra0ting
<br />of an o0'ron to pw cn ass e.erasa bee aI a lulure dale. Dul not including (q Ina creavon of a hen or encumbrance subortlmate to this Deed Ot Trust. (lit Ise
<br />Iran5ler al M to by devise or des CeN or ny operation of law upon the deals OI a Ioml Ienant. l uq m¢ grant of any I¢as¢h010 interest OT Inr¢e years Or I¢fs n01
<br />comae sing an opvon to DUICndSP of I iv) a sale m elhri hander Io when the Brnehc Iary consents m willing Notwdhslanding any Diner prowseon 01 Ihis
<br />paragraph me ^enOliciary snarl nave no ngnl to declare a tlelaull it me Brnehaary and Ise vansleree mutually agree In wrdmg to the assumption Ofthe
<br />Ind¢btec ness by Ise Ir anslerea (This paragr apn is OpliOndl and is In De Cr OSSed-ouI d n01 agreed l0 )
<br />M ISOBIIBne0U4 PTOtlIl IDna. Tne lollpwing miscellaneous provisions shall apply
<br />(al any breDearan[e Dy the Beneuuary in e.erusmgany right pr remetly shall not all¢ct the righlsol the Benellciary with respect lOSUbsequ<nl delaulU
<br />or vnaaliOns
<br />Ibl all rf medics pr Ov~ned by Ihis Deatl nl Trust arc dahnn and rumen ulanvr Io any Diner ngnl or rwnetly either untl¢r Ines Deea of Trust or available by
<br />env aw or slAhdr ono all such ramrdics may he r.nn'isrd cnncun ahoy indeprndenlly or successively
<br />IQ it Iwo or mare persons nave signed AS 'Debra' may Are IOmlly and sevrrally Obhgaletl;
<br />Idl in the even that any provision or Clause Ollhis Deed of Tnrslism COnlh[I wen applicable law,tne conllicl shall not allect Diner provisionsol Uis Deed
<br />of Trrsl when can De given ellecl wilDOUI Inc cpnlh[Iing provision.
<br />1rl Ins n ocedm al prove sinus OI Ihis Deed OI T rust snap he deemed to be Auloman Carly amended a! necessary to COnlprm 1p any Oglpladd statul¢Or rule
<br />of ~o~u1 now easung or adopted oiler the dale of mis Deatl of Trusl.lo the ealenl that such statute or rule Ol court prdvitles procedures which ere in
<br />i ~rl c:,In InO5C 51•I lUrln in mis Dr.AOI Trust and lp lnC CitlPnl lndl lnr statute Or rule of COUrt4dppllCablelUlhe3PCUnty lransaGliOn which islhe
<br />D sir nluct OI mis DP.Pd of Trust
<br />... In d ua~ Drhvn Ann me BPnen• gar} nave ,lgrerA Id adNlmnal terms and cdntldions respecling Ihis security transadwn. mcludinq as an example an
<br />m' agrer mint to eslanlisn a IunA to nP used to pay ta.es anA insurance premiums or an agreemem provi0mg for partial releafes of mis Deed of Truf 1.
<br />min Ilny such sir pplnnenlal ayrrr•men1, II in wrllmy, signed and dcknnwl¢dgPd. shall be given ¢IleGldntld any of Ib prdw510ns COnlfitt with those eel
<br />~ bon In mis Deed of Trust me provisions of the supphment al agreemem shall control, d Ihis Deatl OI Trust has been recmdatl, the tiro Dbmental
<br />p agree meal. IO De e11ecllve. also must De re[ortled.
<br />d ~~lgl worm in tins DeedntTrust tlennlwq mrsmgularsnallnereadas Oenolinymeplural andmasculme DronOUnsshallhereatlasleminineorneuterpro-
<br />nbum:. ~I the cuaimSlancOS so n•quue
<br />i0 ~ ••r91 paragraph neadrngs ale lo• wr ~aatl Pr's convenience ono span not be considered rn determimnq Ise meaning of this mslrument
<br />m'
<br />~ Dale o1 this Dced of Trust January 15, 1989
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<br />_ E•eaAetl by me Dehmrlsl as of Ise above date
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<br />Q ~ Sigr elute Clause for Corponllon. Perlnenhlp or Mwdenon; Slpnetura Cleuu tar Indlvlduel(a(:
<br />J-'RUDE, Inc.
<br />Debtor
<br />Debtor
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<br />:~ :~•.•• ~1l G r l L,
<br />day of 'J?,iiuary~ Ii Ig89
<br />~ _ .~ ;_ ~. Debtor
<br />By • Rudy Torres as President and Judy Torres as Secretary of J-RUDE, Inc.', a corporation
<br />•hai iP nirn.,dnal Denlnn sl Or rl DCb1Ui is Corp Ui align PY mersnip or A550CrdIIOn. Ihen itl¢nUly signers as Presitl¢ni O~lyiT`p president and s¢cr¢19ry Or
<br />Jss~clanl 5.'r rile ry Ji ~'OrpnrdLdn nr as p]rln?i151 0l parlnprsn ip or as aulnonletl members( or association) •r/,~ j ~ ~ li '
<br />•/br,•
<br />W IT NE 55 my hand and 'final seal
<br />_ My communion espirea:y~ ~~~ _~~ J (r7 p /T
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<br />Notary Public
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