|
<br />:~
<br />uLUI c~i •rlu~ti•r
<br />•
<br />7111ti IVUI.V711HE, n1aJ: Iles J~+ ..I October Iv
<br />ti~'Til'I~ L. PIiIPPS, DOUGLTiS S~CHLI,
<br />i whlnr addrrss rs c/o 3420 I•~ade Street, Denver, Coloracb 60211
<br />I nercinahrr rr(rrrrd t° a• pnmu:. and ILc f uhbr Trusmc of the Young ul Lar,rrpr
<br />i in Inr Statr of Colnradr. hcrnna9n nfrncd In a~ pubh: Trusar. \\5mranh~
<br />TH 4T. WHEREAS. V:-TYNE L. PHIPPS, DCIIIGI~i$ $T~~.I,
<br />has arru~cd a prnmusnq nmr or mm~. hrrcinafia rrfrnrd to in the slnruir.. darcJ ~CtO~ r 1
<br />principal sum of $71 , 596.80 -t7ran. p,~,blr rn rnr ordrr nr );1 tr'Rh'1'P ~. 15
<br />wnosr aaarrss is 9103 North County Road 27, Loveland, Colorado 80537
<br />' aflrr Ihr dam hrr: nl. wllh imrrrsr rhrrcnn
<br />I ar thr ran of 10-1 2$ prrrrm prr annum. prahlr as follo.,s: A pa\'1r~nt of principa
<br />'a*rount of $7,95 .20, plus all accrued interest on sail arrount, shall t
<br />~.Janu~al''~~ 1, 1985. 1fie balance of principal and interest shall be paya?
<br />j~installments of $1,367.91, interest included, crmrrencing October 1
<br />continuing on the day of each and ever}'Ironth thereafter until 19
<br />l tyre the entire unpaid balance, together k2th accrued interest, shall
<br />Davable full. Pa\ t shall.fi st ba cre3ite3 to serest and e
<br />;prlncioa~ Jnere sna~lnbe no rign~ torepay without~Jie cronsent o~ t
<br />AFn N HERE45. T hr }•ram°I n Jc srruu• nl return, rysmrn. n Ih, pl m, ipul anJ mlrrc•I of .nJ pl.im rant nnir .n +. L.•sr
<br />! I n°Ir or any of lhrm mu+ hr
<br />' ~ NO\1'. THEREFORE Thr cranlnr. in rnn.iJrmllnn °f Ihr plrnnr. un.l for rhr purport uiorc •m J. Ares hrrcM rr~nl. her,
<br />i
<br />umn nc~ and 1'uhLr Trusmr m w.l Lvcrcr. rhr follow m}• Aran lMJ pl,~p: ns. suumc in Ihr Sald
<br />l.arlllLr , Sran of Colorado, to u,r
<br />jj Z'nat portion of the Northeast Quarter of Section 2, Zb„'r,ship 5 1;
<br />'I Range 70 West of the 6th P.M., Larims County, Colorado, being n
<br />i particularly described as follows: Beginning at the North Quart
<br />corner of said Section 2; thence along the North line of the Nor
<br />Qr>;J-ter of said Section 2 North 89°50'29" East 1955.91 feet to t
<br />approximate centerline of an existing County road; thence along
<br />aoproxiyrate centerline South 15°59'31" East 62.37 feet; ther,oe S
<br />I 89°50'29" West 269.92 feet; thence South 09°11'20" East 1099.16
<br />II thence North 25°55'32" West 559.76 feet; thence South OB°58'23"
<br />667.68 feet; thence South 53°35'UO" West 221.61 feet; thence Nor
<br />83°99'96" West 934.22 feet to the West line of the Nortl7east,Qua
<br />said Section 2; thence alcmg said West line North 00°32'09" SJest
<br />~ 1290.36 feet to the Z~ POZNI+ OF BEGINNII4G.
<br />.~ str+mcm-r,•ry.m-,~m.~+rmrb R •~
<br />h.Iw; rn
<br />!nr Ihr
<br />s the don Ihrrcn(
<br />in the
<br />payable on
<br />in rronthl}.
<br />9 and
<br />at which
<br />due and
<br />]~nrle to
<br />O act.
<br />J..nn n u m .mJ
<br />sell and can+q
<br />Cuum. of
<br />t
<br />of
<br />TO HA\'E ANU 70 HOLDlhc samgl°yuhrr wish all and sinyulm lhr prix ilcpr+mJappunrnanres lhntunln Mlonginf. In Trusl rrrnhrlros, lhal
<br />in use of drlauh in lhr paymrni of said nn¢many oM1hsm.or anypm lhrrrnf.m mihr pu~mrm of the m¢resi lhrrr°n. arc<ndmr mlhr nor and rflrn of
<br />uid non or and of J~rm, or in ILr paymrm of soy prior enrumbrsurn, princpal nr inn rnl, if any. m m tart do f.nih shall hr maJr in nr i rase nl s inLlinn
<br />or booth of any of Ihr tams, eondillons. rom•e nano or aFrrcmrnn hrn•in romainrd. Ihr ben~briml hnru nJn mIhr Iryal huldn of Ihr ,ndrhnJnra
<br />arruad hrnhy mud drdarr a unla lion of any of Ihr ro+'rnanls hrrrin nmiainrd sod rlrrl m ad.ulix said pwp~ nl fen salt and Jrman mch sat, IMn,
<br />°;+nn hlinp nnlicr °f surli rlrnum anJ Armand for salt w idi nc~ PuhLr Trusnc, wliu shall upon ¢rrpi of sua~ moor nl Nrrinn and Arm nd Im salt roust
<br />a ropy of Ihr same In M anndrd m Ihr rrunderl nffirr of rhr nwnl~ in M hirL sntl rrnl esun is simnrd. it .hall and mar hr L.•r lul loi I v I`uhhc 7msnr
<br />m ull and Jisprnr n! ILr amt (rn mast of m sr pa ulr pan ds. as ILr aaiJ I'uhLr lruucr nub Ihin1 hr.u an,1 all tl~r nyhi. lido and imn'v of Ihr rr.minl.
<br />his heirs nr ^ss iy ns Ihrrrn. al puhlir aunwn al the East Lom d~.n of rhr Cnun Hnwr. in rhr C~wury of hat r
<br />Slen of C°Inrsdo, or on uid prrmnn. of and p;in Ihrauf as ma~, M' >h'c ~GrJ in ILr nnna r of suJ salt. L.r rtn' hil~hN nd Ir•sl parr Ihr
<br />umr w dl hrinj in nsh, low wa{.s put.Lr nWirt ha+mp Mtn per u°usl) yi+cn of Ihr runt anJ pl.~:r of wrh salt. h) adcsnnr mrm wrrl ll. in snmt
<br />n.armrr. nl ....n.l rurohlh•n •I Ji~~ lime nubli Qird in sod C'nunn of 7 AI'1TlY~T ~ rnr+ nl vlil<h nnli sMll M msilyd
<br />
|