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6. The Defendants Larsen Colorado, LLC, a Colorado Limited liability company, and <br />Norbert Larsen (the "Larsen Defendants ") were properly served. The Larsen Defendants failed to <br />appear or answer and the Court entered a default against the Larsen Defendants pursuant to C.R.C.P. <br />Rule 55(a) on October 19, 2010. <br />• 7. The Defendant Patricia McFarland as Public Trustee of Fremont County, Colorado, <br />has filed a disclaimer. <br />8. Venue in Fremont County is proper in that the real estate being foreclosed upon is <br />located in Fremont County. <br />9. None of the parties in this action is a minor, an incapacitated party, an officer or agent <br />of the State of Colorado, or in the military Service of the United States. <br />• <br />10. Because the Larsen Defendants failed to file an Answer or otherwise appear, the <br />Court finds the allegations of the Complaint are true and the Larsen Defendants have failed to make <br />the payments required by the Note, the Deed of Trust and its Modification and are in default. <br />11. Plaintiff's Deed of Trust and its Modification, as identified in the Complaint, (herein <br />"Plaintiff's DOT"), is a valid lien on the Real Property which is the subject matter of this action and <br />is prior and superior to the lien of the IJS Bank's DOT on the Real Property. <br />• <br />12. The Promissory Note secured by the Plaintiff's DOT is currently in default. Plaintiff's <br />DOT provides that a default under the Promissory Note shall be a default under the Plaintiffs DOT. <br />Th Plaintiff's DOT is currently in default. <br />• 13. The sum of $1,689,543.6 o s ecured by Plaintiff's s DOT as of June 6, 2011er . <br />per <br />of $844.77, are due on the Promissory Note <br />14. Plaintiff's DOT and promissory note provide that "Grantor agrees to pay all costs and <br />expenses incurred by Lender in collecting, enforcing or protecting Lender's rights and remedies <br />under this Security Instrument. This amount may include, but is not limited to, attorney's fees, court <br />costs, and other legal expenses." <br />15. As of March 1, 2011, when the Receivership in this matter was terminated by this <br />Court, the Plaintiff has incurred $436,513.95 in operating expenses for the Real Property. <br />16. As ofAugust25, 2011, Plaintiff asse nit has incurred $30,924.00 <br />that in <br />ere btlled <br />$839.58 in costs, and $155.06 in finance charges on past <br />Ms. Virjinia V. Koultchitzka, Mr. Howard 3. Alpem, and Mr. Stephen D. Harris are all <br />attorneys Iicensed to practice law in the..State of Colorado. They have performed legal services for <br />the Plaintiff in this matter. Plaintiff asserts their normal <br />Harris' at $ 50 00 /hou) are it with <br />$250.00/hour, Mr. Alpern's at $305.00 /hour, a <br />