<br />• 600R~~~j PACE 87
<br />` ih'n morl6+Cc h mbjcel to the farm Gcdil Ael of 1971 and all acb am<ndvory Ibcrvof or supplcmenul Ihvno.
<br /> In the event mouVgor fails ID pay avhcn due any Ia<a, lima. prJgmenH nr a a[aamenla LwGilly a r~'J ap.Imv prnry'rIy Lrrrm mnngaprd. or f.Iih In
<br /> nvmum insmmee v harcmbel'or< pmriJtq motlg+gve m]Y mite malr p+Ym<nls or pm•Wt mrL In r+nre. +ntl ea[h a um ]tlvanceJ tlrtwfpr shall
<br /> bmpme a part of the debt a¢mvd htgcbY ew shall be rmmedimtly due and [hall btv imertn from tl¢ dve of +dv.ncc l0 tl¢ tlne of WYmwl a
<br /> provded in the nme ucuutl M1a<bY. AIUnGa{et sMll Dt the sole judge of the Rgahly, ncauiq or pmpnety of making mch p]Ymtnb or proritlin{ such
<br />imuunce.
<br /> .Norlga{or Newby Iranfferf, asigv, un orcr and conveys to morlpgcc all repo, rpyalua. bonuws and tltlay m ncys UuI may from lime to lime b¢ome
<br />r
<br /> dnt and P]pblt unJn anY od mJ pa ar olLar Inmcnl Ir.Iao of anY lind nnw aaiaing, or IM1+I In+y hn..il'r.
<br />rnnn' inm vanrrn[r, mraring the +bnm
<br /> dmarbed bpd, Or anY ponion Ibcrvof, mJ anY rvmf whldl + av payaLle. Ur wL¢L +t anY IIInt m ILC Inhnv nuY bacpme p+Y]DIt to nwnp{UL or
<br />a
<br /> successor, in feulemcea and uhsfacbon of all claims, inlmiaa,
<br />]nd darru{n of whatsoever kind, nnurt m clumner, groping Dul pf, incitlml to. or in
<br /> euion whh me Ploduaion, taploralion. drilhnq, oprntrnG or mining far minerah Onduding. bin nm IilndaJ to oil and g]a and rtbwd mintnbl on
<br /> the above dc¢ribcd cal table, n +nY ryupnn Ihamad. anJ m^ng:rgUr agrera m awnnv, ack Unwlydgr .mJ Jagr.rr In mm~ Pgv< aur11 innnlnwnl. +a
<br /> motl{]GCe nay now or 1¢rofltr rcquitt m ordar l0 4cdil+le ILc wynwnl l0 it of said rrn b. rOYal Lra, LUnn Wf. OcbY morays. [Lima, in(miu aM
<br /> damages. All m[M1 soma so raceiraJ by nionyg: v dull he ]ppLN: 'mt. IU daa• ryymrm of ILt nn Dna'J Prn urn of ^la AaLI. mduJmg immol, and.
<br /> x[ond, Ih< balance i( anY +f c~tu paYmmb upon abe unmaluml puurun of ILC rleln. m Om porno pmrW.J In the pair ¢nnW herby: Ur Inunpp~
<br /> maY, al ilf optipn, turn over antl deLwr to ILe thin owns OI wld LnN, nlh<r In arhole m in P+t1. anY m tll v¢L sl~nn, wtlLnnl prclnJirc 10 iN nghw In
<br /> lak[ and relvn anY fuluri [ anJ wilhanrl pralrrallce l0 anY rrf ih nlLn riyhla unACr ILra nwng+pe. Ilia Inndtr anJ •Uma'Y+~ a LernuWCr lu
<br />o
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<br /> ollGagae of ILe aforanenho
<br />d
<br />paymm~u shall Lr a nauuaJ l0 Le a pronoon Inv ILa' I`aY~ncof ar rvAU[Imn of ILC JeLI, mLiacl lu mm¢pger i npi~n
<br /> as Daanbefore pmridcA, Indapn3rnl Uf the nfonyge lien un .viJ pal cabin. UPun ndcaae of ILc munpgt W rcwrJ, Ihia [nrlray.nae dull La[omc
<br /> Inopnah•e and Uf no funkier forte and dkcl.
<br /> In rbe ermt Of famdmuu of IM1h marl Rage. monP{ee tlull be savitled lO the abnneb or alter rndcnce of Title and to tort a rettua appolnlyd by ILe
<br /> un Ip bke poa¢.non and aonuol of lee prnnnaf JrarnbcJ Lcrrin ;Ind roller the rcnp, rasa antl pint n NatoP. Ult amount. vo rollcncd by umh
<br /> wcervcr to be applied under Ih<dimnion of Iha men m Itle payment of anY judgment rtnJemJ or ]mourn found due untltr Am mortgage.
<br /> In ILe event morlg]{or J<faulli wish wfpc[I l0 any mvrn+nl or ponJilipn hereof, Ila.'n. +I ILe npliun of nwrl G.Ipac, tlIe Ja41 x'uurJ h.•rrLl .Call
<br /> Ionbwilh become Due and Lcar rnlernl as provided far in IIIV• shoo dta'nbaA pole anJ Ihn n ongage atoll becpnm fpbry'c1 l0 forttiourtt' ProrxlN.
<br /> La , monFGCe rmy al m option anJ without noliW annul anY fu[b + [alenlion Dul n0 v¢b anmdnrenl stall alfa'I anY In Latquenl breatll of the
<br /> comnann and <ontlitiov hamf. In like m er and wnh like offal. Inang]Gtt al iu oplron nor dechrt tlrt daNl imm<tlal<IY dot in m< event of
<br /> change of ownmhip of ILe u<urilY, unleu mpngagtt Im {uvn ilf writer c rnl to such atlnnge. or unlcu u¢h rLange n Jrt di¢<uonll Of do dl o!
<br />• onga{or. "Clunge of Ow'naaLip" flub ee deemed 10 inLLU3c voluntary or molunbry lnm6n Da Inle to ILt aearrJy or anY poman Drtmaf or any
<br />.. Intern[ Therein, and, d mor lgagor if a carpomion or other Iclal anal Y. anY elunge or enulY uniuure. [onlrol. opumiona or owncnhip avLi[h would
<br />. _ render mor16]gDr Intlipble ID Dorlow from morl(agfa under rcgulaliam DI ILC farm Crcdll Afimnialnhon In Iht +D¢nae of ila wnlltn ao x'nl
<br />ILa
<br />. ~ .
<br />option of mop Ragtt to aeccleule Iha debt bannse of clunpe of ownnaLip shall rnntimu fur a Pcnnd nl'araly J+va :Jlcr rl Imo rraaimJ astral nOliw m
<br />- . ~ - _ •nilin{ of melt change pogo Nleu of whc•Ih<r urcM1 dun{e ]pVem of a malls Of public recoW 1.+iW ilull Olen evpue.
<br />. _ - ~ Alon{a{pr hereby wvru nmrtt of elation m declare the debt due m hnein pro•Ided, and oho tlm penefl o! all fur. r]Inuion. Lomnlntl ]nd
<br />.. .. - _ appuuemenl hwt Atorigagpr oho waive all ngluf of wdemplrOn of to anY corponppn wLmh beeomtf a inceptor or auign of monpgoq and, if
<br />' - _ matlV{or n a corponlmn, wains rlf awn n{lib Of wJCmplrun.
<br />. - _ The [oremnu antl anditrom heuln contained fM1all caLL•nd to ]nd be binding upon the Leaf. eac.umra, aJminnlnmb. niavuon antl augur of ^m
<br />- - npcclivepmin lmttto.
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<br /> Atargaa to R. Armand
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<br />ACKNO
<br />I
<br />LEDGAIENT
<br />STATL OF Colorado ,
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<br />The forgoin{ ivlrumem wau[knowkd{td Dcfom me Ihif ~~ ~daY of 9,7~1~~ , 19 'J,, by
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<br />_fJ/yp1~Rr ;} : Margaret fl. Armand, a single woman
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