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? 'c EXHIBI~ -Source of Legal-to-Enter •
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<br />7111\ 1\Iq.VI1 SHE, h1,J~. t!ua dra ,,, oCtOSs p+
<br />' 1•.v]1.r, L. P}iIPPS, D7JGI.TrS S~rJ-1,1,
<br />~ rhr•.r adder.a r> c/o 3920 7•~ade Street, I]enver, Colorado 80211
<br />hnrwa!in r: Ir rtcd w e• puma:. and the Puhlit iruarrr n! nc~ 'Cuvm, nl LdS1IILI
<br />in the Slmr °I Cnlpudr•, henna(Irl ndrnrd In a. Pu~hc lruatrc. \\}tnrearrh
<br />TH.17. \l'HERE~S. YP-,]ldE L. Pi-,APPS, D(?J~5 g~:}~I,I,
<br />ha, rarrecd a prnmis>nn net; or nnrcs. hrrrimha rrlrr.rd In in Ilir arnrvla; daitrl O.ao ;21 , 19
<br />prinnpal sum of $ 71, 596. BD -b-r:SR, prahlc In Ihr °,d: r c! E\ Lr'REIaT O. 1\'I
<br />i ..Hoar addrraa is 9103 North Co'.lnty Road 27, Loveland, Colorado SD537
<br />' ahrl the dmt hrrrroL ar rrh imrrr al Ihrrrnn frr
<br />ar tht rare of 10-1 2~ I,rrc nl rcr annum. ~a,~hlr as fello.:s: A p~l~nt of principal
<br />'a.^uunt of $7,95 .20, pus all accrued intere=_t o:, said a-fuu'lt, shall b=
<br />:Jan 1, 1985. 1'17e balance of principal and interest shall be payabl
<br />~instellr>?nts of $1,367.91, interest inclu9ed, cvrmencina p-to'.~r 19
<br />cv-,t;nuing e;l the da}r of each an9 e~~r}' runt~l t]>creafter until 196
<br />~ ti*re t~,e entire unpaid a-ir~, tc,et}>zr k2th axr~d interest, shall b
<br />a3\•a~ti]e in f~ll. Fa~nt sh°ll.fi~s~ be cre::ite~te interest an^ t~e~
<br />r prln^.1Di~ n12 5: 1' Ile n0 rlgn O ~rea3\' 4.'1 ~Ut tJle cons=nom U ~
<br />r.`;I)\.HCFLLr.lhr}'umarndnuau. td arcurur~p:+n.;n:nr!,.pLn.ipoLrnd rcl;r:a+rl..rn; purm~•a,n nnir.n.•Lr••: n.~
<br />' note nr ar.p nhhcn: nu, hr.
<br />I KO'•\~. l HEREFOR C. Thr Fum°r. in rnmidrurinn u! rhr pm mi.r. un.l lul rh: puTu.; vinlr •: rd. drv: • hnrM rum. har}•ra
<br />umo nc~ card ILLhr Trv~l.r in Ira ar lam,cr. Ihr fulln,r in} da•; rd,:.l prnp[m. vmmc m Ihr Sald
<br />! Iarurer , $Imt al Culoudo, dr v it.
<br />4'nat portion of the A'ortheast Quarter of Section 2, ~,mship 5 N:,r
<br />Range 70 Y7est of the 6th P.A7. , Larilr>zs Count}r, Colorado, being rrnr
<br />particularly described as fol]orr~s: Beginning at the North Quarter
<br />corner of said Section 2; thence iilo:ig the North 1i77e of the North
<br />Quarter of said Section.2 North 89°50'29" East 1955.91 feet to the
<br />approximate centerline of an existing County road; thence along sa
<br />approxii(ete centerline South 15°59'31" East 62.37 feet; thence Sou
<br />69°50'29" Y:est 289.92 feet; thence South D9°11'20" East 1099.16 fee
<br />thence Borth 25°55'32" West 559.76 feet; thence South OB°58'23" Ea!
<br />667.68 feet; thence South 53°35'00" West 221.61 feet; thence North
<br />83°49'96" West 939.22 feet to the Yost line of the Northeast. Quart(
<br />said Sea-tion 2; thence along said West line ldorth OD°32'09" t+~st
<br />1290.36 feet to the T1IIJE POIhTP OF BEGINi\'IT7G.
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