HomeMy WebLinkAbout20052805.tiff B a COLORADO,NA ....
51)6'� ,28899f55 is2 - ii
2656 SOUTH COLORADO&VD.
DOWER.CO 40222
• -4 . Bank One,Colorado
9-21/4"; -: 1125 17th Street/4th Floor
-if ' PO Box 5586 TA
. • Denver CO 80217-5586 •
•
Ater:Sandy Marone
.
2558047 R-1616 P-2§2 07/15/1997 10:52A PG 1 OF 5 REC DOC
Weld County CO JA Suki Tsukaaoto Clerk b Recorder 26.00
• �w..j/ Q, �'S. I SPACE ABOVE THIS UNE IS FOR RECORDERS USE OM
ar
•
•
• �YYf�A `r•
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• 1t DEED OF TRUST •
THIS DEED OF Il stlATEI 40)1997, among APPLIED FILMS CORPORATION, A COLORAD
CORPORATION, whose INCHESTER CIRCLE, BOULDER, CO 80301 (referred to below r
"Grantor"); BANK ONE, COL A, whose address Is 2696 SOUTH COLORADO BLVD., DENVER, C
80222(referred to below so as "Lender" and wmetknes as "Beneficiary"); and the Public Trustee t
WELD County,Colorado(re to below as"Trustee").
CONVEYANCE ASS)GRA T. Far ratable consideration,Grader hereby irrevocably pants,Matters and assigns to Rushee for as ham
Lender as Brraary•of Gaar'a not pt and idanaa in and b the fYowwq dwfabed red preprty.together me m i*big or aWpuen
woad or sewed butts,improvements and sdoaw all easements,rights
and ad other right al way,and appurtenances:al wear.water debt and darn nor
. Sabana stock In alter with del a krigalon Y mFrats.a1 Goa SaYrrmal and your melees bested W County,State.and��of retina b r( ero�ea 4PropecludIng without aMaW
Colorado(the Real Property'k
LOT A OF RECORDED EXEMPTION NO. 1313-14-2-RE10O9.RECORDED MAY 14, 1987 IN BOOK 1156 A
• RECEPTION NO.2099770 BEING A PART OF THE NORTHWEST QUARTER OF SECTION 14,TOWNSHIP
NORTH,RANGE 68 WEST,COUNTY OF WELD,STATE OF COLORADO
The Real Property or Its address Is commonly known as 9536 EAST 1-25 FRONTAGE ROAD, LONGMONT, C.
80504.
Gunnar parent anion to Lender(also sown as Benekty in as Deed el Trig ed r Granath dot,lie,and Mera4 in and to el present as
_ tutor teem a the Properly and Y re Rats Po be Property. In addition,Grants pee Larder a Unarm Corneae Code sectas in
bred aws in a
Reese and Me Praana Properly loaned below.
owsmDNs. The/daaw9 words sal have lea fYOW9 meetings when used M this Deed a Tnet Tama not otherwise died in this Deed.
• Must shy have Me meanings aM ened to such boom In Vie Unarm Commercial Coda M r macs to dope snows steal mean amends in awl
Ala.' U.(PadSbnhsaArerla0.
Mood as Tee
ndtender i"Belei pawed a means BAN(ONE.COLORADO.NA,b UXL.O
swans and mans. BANG ONE, RAO alsoO.NA. o
_. Deed of Rts.u The words'Deed of True•ease Ws Deed of Trop wend Solt Lender.and halm and taudes ey ,,"Ghoul b . I
aegrnrw and mat Hared pmrhlaa map to Be Pawns'Preprb and Rests.
Greater. The word Vote mans any and all persons and anon executing DVs Deed of Tainduceng*5.001 titian AFRAID FILM
CORPORATION,A COLORADO CORPORATION
purambr. The word'Grammy noon and bloods wiwA smbaei any and ad garramana.asses,and adwwnaaew pasty
oaysYaewllb as ateibleeree.
hrprovereewa. The wad leprwamwWC means and includes without Imaalon a adding and Mire improvement,bushes,atndurn
mobil Mme Mad en le Rol Pmpaly.Ieaaae,add5ans,replacements and raw ooMuelon on be Red Properly.
Indebtedness. The ward Indebtedness'mama al principal and Head payable elder be Nob and any animals expended a adorned t
.. Lander to discharge abagela s of Chanter or apn
ea Soared by Tates or r b e Lander lace cblpsots of under u Ws Deed of Ina
. looter vet intend on au*amounts as prodded he Ms Deed of Taal In adollion'to ea Nolo,the word Indebtedness'indurate al abliostion
• des and fusels.Om interest thereon.al Gant'b Lander,as or more a Remain*asdebts by Lender again Gnat oar
as or map of bent whether now wasp or trade wand,whether Mated or unmated b the purpose of M Note,whether SYdery e
agwaeie,wetter due anal due.absolute or eardrapam,hpMated or tfgdebd and wheat Grantor nay be Sable hdddualy or Mbar wit
o0's,whether oblgeled as guarantor or obenebe,and whether moony upon such indebtedness tray be or hareem may Some bared b
pry stele of ImYlrs,and whether such indebtedness nay bo a berwYer nay become Yrwbe wonsrnable.
Lander.The word'Loner moan SAM ONf,CCLORADO,RA O"successors and awgnc
Nola The ward Votes seam to Nab dead.APe V,IoM,In the principal amount of$371,250.00 Wm Grantor to Lane
hots wss Y renewels,mansions.modmnalaa,mananeitpa,and sueeimeee kw 1M Net The mart dale at Ms Deed of That is Jul
Poraona Properly. T e words'Femora Properly'mean al equipment,beaa%and Ms wade of personal properly now a beads owns
by Garbor,and Ma Of Mareataar*MaONA or Maw to M Real Proper *IONS,sew ell acnaaaa.Prla,and atltlmas b.Y nePtsnens 0
and all wbMVaa W.any of such popery,and Weis Mb all proceeds Ndudem MINN baton se Swan a peoceede and rapine r
pearue)Sam shy sets at dspaamo—of to Properly.
. • Property.The word'Properly peens obscenely be Ras Pram*at U.Postal Properly.
Red Property. The words'Real Properly'mein IS papa ty,interests and this daaabed above in the'Caevefance and Omar sedan.
Related Document The words'Related Deraaenb'mean and Impede eSoa tYaaan all promissory nobs, areal sperms, to.
• agewnnews,wwkowrda agreement gtaraaee,mecur*/screw,,,mvdgags.deeds of sus.and el ale b fl.,st,aparera an
document whew now a hereafter rang,award In oen eebn wept M indebtedness.
Reeb, The ward'Rents"maw all present and More lair,inns,Mean,haws,royalties,profit and other tea derived from b
,.... Rapsty.
Tnaei.The wore Tusher secs to PitSc Trustee of WELD Cody,Colorado.
THIS DEED OF TRL$T, INCLUDING TIE ASSIGNMENT OF RENTS AND THE SECURITY MEREST IN THE RENTS AND PERSONA'
PROPERTY,IS GIVEN TO SECURE (I)PAYMENT OF THE uDEsTEONESf AND AI PERFORMANCE OF ANT AND ALL OBUGATONS 01
GRANTOR UNDER TIE NOTE,THE RE.ATW DOCUMENTS,AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTS
ON THE FOLLOWING TOGO:
PAYMENT ASE PERFORMANCE. Except as cleric prodded la WA Deed of TON Grantor sat pay to Lander Y amounts seated by bb Dead e
2005-2805 TTn_a Datcy beanie ,and eel shay and b a say mares petrol al of Grads obligations the
ona under Noe.Ns Good of Terµ and Ito
Reared POSSESSION AND MAINTENANCE OPTIC PROPERTY. Granter arms eel Granada possession and ere albs Properly shall be gonad by la
laanaile aoWion:
i! SY ,jt�ic a >.ifi ay� *iQf is c y a 8 = i i (i i
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�, E ff bj fs 7b s 3isiS Spa [ $L 'iSs » L' aLSig1 s( 1 �, Msjnyy piEsL ; ii f9SDa l7i b :g • s I1:t ;tHilli1� � # iniI1u$I1'! Jgg1111 fluJib 111113 A ��heSla
S d0 L 0d YLSIOI £661/SI/£0 L9L-d 9191-9 £40BSSZ
have not been disbursed wghin 180 days after their receipt end whirls Lender has not committed to the repo or rmoraeon d the Property s
be used Gal to pay any amours owing to Lander under this Deed of Tin*then to pay accrued interest,and the remainder.t any,sham be
Me
to the Ocloinal baffle ot the indebtedness.to Grantor as Grantor's Interests may U Lander Adds day proceeds alter payment b M of IM Indebtedness,such proceeds Nana o f
Unexpired Insurance at Sate. My a nngesd insurance she inure to the benell of,and pass to.Me purchaser of the Properly covered by
Deed of Trust at any arntee's sale a other sate held sndw the provisions of as Deed of Tont or al any foreclosure say of such Property.
• Grantor's
Grauer nob%oftonInsurance.
insurance show of lama,lan ,however not w Gr
more M once a year, e Hnta' W furnish to Lender a report on e
• then ant siglacement s¢ (a)the name of is star (b)the Ads insured; (c)the amount of tan point (d)the
MOM Maned
drat,upon request der.value
h of awn property,and the manner d dewheinig that vela and (e)the axpfration day of 1 ., Gros
Independent appraiser satisfactory to Lander determine the cash value replacement cost at the Property
would
EXPENDITURES BY LENDER. II Grantor lab to comply sow any provision of la l Deed of Trust,a ti
Tr i any action a proceedings commenced i
taWA' LendersyseedLenders aW b th
e r Properly,Lander on Grantor's behalf may,but dal not be required to,take any anonprl Len
deems ayprop My amount that Lender expends in so doing M bear interest it the ray provided for to the Note from the dale Incurred or p
the end to the be apport of ioned among
by Grantor. Al Such expenses,al La'de's oplon,M Male(a)be ale on demand, (b)be added to the balance
insurance policy a p)the mop and be payable anti any INWment payments to become due
This Dew of Trani also th saute ining larm of the bole,or (e)be traded as a balloon payment which Mato due end payable at Ur any walks
remedies b Ma Lander may be s d on account ra el these amounts. �U,pra prodded for In Iles paragraph t cobe et Wilton to any toilshe
d rights or I
bar Lade from any remedy that t otherwise would have had. such action by Lender Mal not be construed as curing and astoa a e
•
WARRANTY:DEFENSE OF T/1L.E.The Mowing provisions read to ownership of the Property reaped of Oi Deed Plied.
•
Title. Grantor moms that (a)Grantor holds good and nsrketebfe Nle of record b to Property in fee snpte,tee and dear claims a
encumbrances than caw those set hit in Us Real Property Magda or in and'Ne Mauna*pWOY,Ma moon.a 4W Nis anion
b Ms Deer of Trust b Len"in with this Deed of Trust and (b)Grantor has the ltd right power, authority y asaae a
verDefense of Tine. Subject to the exception In the paragraph above,Grantor wawa and a forever defend the Me to the Property ya4wl' lawful cans of al persons. In tan event any action or prmeemn g is commenced that gheslorw Grantor's Me or the Interest ofTlesles or tan
order IttY Deed of Trust Grrtpr shall defend the Mon it Grartah soma. Grantor may be the Enootiel party in such paeewiq,but War
• slat be enlld to pstdpate in the proceeding and to be represented In the proceeding by mined d Lender%own choice,and Gorda delver,or pose to be delivered.to Lander such Inane,"a Lender may request from time to Unit to permit such paNdpesos Compliance Milt Laws. Grantor'wawa*lhal the- ordinances,and regulations of governmental euUnMW.Property and liadar's we d Me Properly comas with al misting applicable 1n
CONDEMNATION.The Udowtng provyfem Ming to ampmnaton pmedi gar ova a pad of ti Deed d Trust.
.. - Application of Nat Proceda If al a any pan of the Property s condemned by enema damn praoeepgs or
• -- In l condemnation,Lander may a Is Man require that at or any padre of the net w d the w award by anyes o
applied to Ms Wreaking
a the rep*or restoration at Me Property. The net praeesds of tan award shall men end award eta d paymaa a manta cods,sperm
and Gamey.'Ms Inctered by lathe or Lender Incorssoson win the as,des L'
- - Proceedings. Many proceeding In condemnation is Ned.Grantor Nam promptly may Cando in wiling,end Grantor tIW prompty see su
slaps Mad a P y be b mele U the ri b Mend the action end ab4M the award. Grantor M'be the monks party in such proceedng,bud Larder slat
Mdelvored blendrsrsh Ystonwies proceeding and to to IprweradInthe propeea by oehabsdbowa otolce,and Grantor MI delwaevues
nay be requested hyaena gore b law b per's auch pwtlgpaba.
,„.. - ,n IMPOSITION OF TAXES,FEES AHD CHARGES BY GOVERNMENTAL AUTCPoTIES. The blaming proton Mamng to governmental toms,Is
a and charges weapon of this Deed of Trust
•• 0 Current Takes,Fees and Papa Won request by Lander.Granter sing iamb such dcamrns in adasi b lib Deed of Truer and ft
•
whatever other action Is requested by Lander to peeled end mama Lenders ton on the Real Prpe y Grata sat mNDuae Lender for
n lam as described bloa logather with a apemen Mowed M recording,pedal,,or oatig this Dew at Trust,UsMpng without lit
al Ina lees,documentary amps,and other large ter recording a registering this Deed of Trust
Twee. The Mains start costa"aces to with ti seep appals (a)a specie lax upon Des We of Dead of Trust or upon el or any w
4 of the Indebtedness seared by ti Deed of hush (b)a padb tax on Grantor which Grantor Is authorized orrequired to deduct from paymer
es on the Indebtedness mad by ti type of Deed of Trust (C)a list on this type of Deed of Dud dyrgeae east the tender or the holder
the Nola and (d)a specific lax on al or any portion of the Indebtedness or on payments of pdnafps and inbred made by Gator.
- c Subsequent Teas. II any In to which this action appalsaraaaw nistghorbthe dafedti Dowd Ida Mb event slrl Ides Me Den
awl as an awe of Odder(as dotted below),and Lander may*aerobe d. a al des salable remade Nan Event d Delax as preach
m babw tams Grantor either PIMA a tot bade a becomes dty ben ,or (b)conkers the tax as provided above In the Taxes end La
section and deposits wilt Lander crash or a yUldaa oxen*surely bond or other security eatWadaY to Lends.
„a SECURITY AGREEMENT;FINANCING STATEMENTS. The loCowhtg prodders rally to t,Deed of Trust as a seaway agreement ae a pest
. ti Deed direst r- Sweaty Agreement. Tide Insinernel shell mauls•madly. proper,end Lando OM he fightssecuredagrwEnM b the slant any d the Property coracles bares a other prom
path under the Uniform Commercial Cods a amended from he b tma.
r perfect end weet,ue alder s gL.ndr.Gramar stW exacule Iansfra atetemwni and feat whasesr dew onion s request d q Lando.
• nsecurity aired In the Res and Personal Prpeny. In addition le rearing this Deed d TM lathe reel paper
I records,Lender may,el any tit and without further auBhorssYon from Grantor,w wasted wueetpst,copies or rpfedthamoea of It Oee
°'
of Trust es a itemIng WMei Grantor sal reimburse Lander for al ame
ns sound in nperfecto or oonlming this sew"interest Upc
default Grantor sell assemble the Personal Properly b "raw
• ed and al a pfeoe reasonably Convenient to Grantor and Lender and make
•a available to Under within Mora(3)days ter rasa at written demand from Lender.
• - 7 m Addresses. The mane addieees d la Grantor tter)and Lander(sand nNY)•from which MbnEnation concurring the may shwa
. paled
d Tried ay by Ws Dave d m be obtained(each
ch es mgt*sd by the Llama Cam era Code),am es staled on gar lM ot page d Deed,
Wad.
ASSURANCES;ATTORNEY-let-FACT. The Mowing Provisions lo tondo ons seylassurances
cs
and aneriYHad pot are a A ids Dee
n Falun Assurances- Al any lime, limetom cs me,and lime to ,upon segued of Grantor we Lender,Gra 'aka.made and delta.a MI Dew b b
made, ea cuwd Or delivered, to Lender Or to Lenders designee,and when 'equaled by Lander, cause to be Ned,recorded,Sled, e
M acmad,ae gar am nay be,at arch ions and in such aloes and Flean as Lender nay deem sppnopfete,any and as such mspaget
deeds of trust,security deeds,security agreements,lancing statemants,continuation delaaants,kubseento of haw assurance,ca to
and oilier dowamnie at may.In Its sole talon of Lender,be necessary or"Arable In ado to owdps,eenpllia,pdw{continue,c
preserve (a)gar calgatom of Grantor under to Nos,lib Deed of Trust and the Reed Manama and (b)the lens and wady Mani
created by lit Peed of Trust as Ind and prior lent on is Property,Maw now owned a Meaner acquired by Grantor, Unless paalad b
• taw or agreed to the contrary by Lander In wr g,Grantor shall rtlmurse Lender for Y costs and expenses Marred M connection with M
• maws referred to in this paragraph,Attorney-a-Fact Pierer*,Ins to do any of the things Werra lo Grantor and atGranter%expense. For atati purposes,Grantor hereby MM'evtcety pPoki Lender as GSdera the offloading pampa"Lender y do so far and In the wee t
�` of making,eras,Mewing,Meg,mooring,and doing alotherUonay-Noes for opinion,t puma
the matters reined b In is madam mama
• IIEtEhp as may be netrary or ttamnble,in Landers soh i
FULL PERFORMANCE, Trustee may.Upon produplm el tan Note duly canceled,release this Deed of Trust,and such Meese shall constitute
release of the len for as such adsNlpW and,and elope eam made pentad to as Odd of Trust Lender agrees to cooperate aslh Grantor s
•
ablWig such roles and Mask*the other oelaleM secwIng the Indebtedness. My Mesa fees required by law sal be pail by Grantor,i
permitted bylpplceble law.
DEFAULT. Each of the following,at the pion of Lades,shit corwade an ewer of default('Event el Defer under Ms Deed of Trust
Default on indebtedness. Failure of Grantor to Eras any payment when due on dertn ebfeaaa.
Deitch on Other Payments, Estero ot Grantor wwih the ins sowed by this Dead or Toni to make any payment for taxes or Insurance,or are
other payment necessary to prevent am of or to sad Marge of any lair
' ' 1
2558047 B-1616 P-262 07/15/1997 10:52A PG 4 OF 5
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i7 kI Ilia
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i ; 1"fii all 7 $a n8 . IR� '�' ! : Ali!3! ₹4 I fix :i ii1fr�4 ? III .4r hill: F� 9 �A s F
• ter purpose of the notice Is to change the paiys address Al copies of tines of foreclosure from the holder of •
any ben which Deed of Tryst shat be sent to Lender's address,as shown ner the beginning of his Deed a TnsL For notice ppu Greer pally b 1
lender and Tanya Mbmed a el ernes of Grantor's current ridden
MISCELLANEOUS PROVISIONS. The Wowing miscellaneous provisions w e tied of this Deed of Trust:
Amendments. This Deed of rust, w with any the mars set MM M 44 Deed of Trust. No a4rae not or amendment I Flo OeW Dust sal be illecdwho unless given in and agreement of the pales
e
byte Pall or peas sought to be charted bound by the alration or amendment. Marisa deed dip or
statement arses It
the PPrg rKpemebnwue kr purposes other Man Grantors residence.Grantor shall Anti,to Lender,won rata.s art
'fad operating Income*dell mean se ate recetib tom The perty during Grantors pesos add year M eydi irn.and ion as Lander shag re re
Property. Properly as ell cash oayrby ws made Mn connection Mitt the operation a
•
Applicable Low. This Deed of Trust tea been delivered to Lender end accepted by Lender In the Stab of Colorado. This Dead of ti
. anal MIN to be governed by and construed hi accordance M laws of to State of Corrado,
Carillon fleadlogs.
to a yea Deed of Tot heaAnpa In It Dad of Trust we for terminate purposespurposesantes and are nor to be used to karma wine
r
rust
Merger. There shag be no manger of the interest or estate created by this Deed of Trust with any other interest or estate in the Property at
time his by or for the berm(of Lender in any capacity,without the written corded of Lander.
SeverdNety. d e caul of competent Mta*bon rtes any provision of has Deed of Toad to be That or mardaaable a to any Prsor
ollandrc a ntenoe,such Indic stet not render eat provision Invalid or ranbmnbb as lo any all*persons or orpmWaroea. II laws,any r
so moaedp tais1hes be adyrbe naaledbheoWan the Imes aaaaaee all r validly;feesiae,Nter aanagpaetlon cannot
provisions of this Deed of Trial in MI other respects ales remain veld era MpnebN.
Successors and Assigns. ablest to the tmatons seed M tlhh Deed of True on radar of OrartolY Insura4 this Deed of Trust dW
bindiMen Grantor,Lender,Mmmd nano to Gr and bum to Ms boat of p nay deal with Cra torss auaaars with rdrence their successors and assigns If ownership a b Ut of Um Properly becomes
and the M4gsbadnaas
way of blberrae raw Worn alma releasing Ora tr from the obigeso s of this Deed OfTrust or Wet wider tie indebtedness.
Time Is of the Essence. Dine b of the essence in the performance d It Deed of Tat.Waivers mod Consents.unless steal wwater h in Lenderen a�ma de deemed to how waived any dotes wider It Deed of Trust(or under to Related Dooms
of such Such raryMrdngAnewby Lander. No delay r anisdon on the Pad of Lender M exercising anynpht shad*Perstess a we
of s Sate b demand see by any prat dot praetors d This Deed d Trust sat net ceraMae a waver d r prejudice to pan
between Lender end Grear�shag with that prodelore or any ,e r tie or n. No prior wNw by Lander.nor any pane a deal
Whenever consent by Lander S npered M tae peed of any a Landers rights or any a 141aray t rider hi an u to anyce thee raesaeep
continuing consent b subsequent Malance.where such consents required. or such consent by Lander M any retenics shut not omen
ColoradoWaiver of Homestead Exemption.u b MdebaO Grantor hereby releases and trams all rights berate of and barto homestead aaeappon laws a ter Stop
sewed bytes Deed of That,
EACH GRANTOR ACKNOWLEDGES HAVING READ AU.THE PROVISIONS OF THIS DE®OF TRUST,AND EACH GRANTOR AGREES TO I'
TERMS.
GRANTOR:
-
APPLIED 1=i:..:1_ Ti. .- TION
•
CORPORATE ACKNOWLEDGMENT
STATE OF e.-4,4 ,C Rvo
• COIMYOF ,SGULOF$/L= ✓ 1ra
on WP�daY a (lJs. 10 ',`j bea,a me,to,e,dr,ipnW Ndbul'putts,
aryraaon that wanted al FILMS CORPORATION,A C O CORPORATION,and known b ne bete as aped t n,1
of Trust and acknowledged to Deed a Trust lobe the dew and voluntary ed and died of to corporation,t euMpty of Is Hairs of by olWorn of Is board of Mtwara M end rr to yeapurposes therein en
d e on path stated That he or She
authorised r s fhb sd apb Deed afTrW and hi tad mispded to Dead of Trial on behalf of the aerpraeps
By lJcCa.- eves .e'o- ,-": Residing et a-1 bra a.I1 j3a€— �b3.o'
Notary wadbrW roe the Shod c-4 . N My canmwMn satires- ld �O -You/, ,,
LAepnmP,hus cox hLaT.LLry vw.one esrMPRreaewr...m esrlp.areseveA raF JeM,LMh.eeLI — �
S GUENTHER Ito
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2558047 8-1616 P-262 07/15/1997 10:52A PG 5 OF 5
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