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HomeMy WebLinkAbout20000822.tiff RESOLUTION RE: AUTHORIZATION FOR THE WELD COUNTY ATTORNEY TO PROCEED WITH LEGAL ACTION AGAINST GREGORY AND CATHY TUTTLE FOR VIOLATION OF THE WELD COUNTY ZONING ORDINANCE WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Gregory and Cathy Tuttle, VI #9900375, are allegedly in violation of the Weld County Zoning Ordinance, and WHEREAS, despite efforts by the Planning staff to resolve said matter, the violation has not been corrected, and WHEREAS, on the 11th day of April, 2000, a public hearing was held before the Board of County Commissioners for the purpose of hearing testimony relating to said violation, and WHEREAS, Gregory and Cathy Tuttle, property owners, were present at said hearing, and WHEREAS, the Board of County Commissioners deems it advisable to refer said violation to the Weld County Attorney's Office for legal action, with an instruction for delay of action upon such referral until June 15, 2000, to allow adequate time for the property owners to bring the subject property into compliance and for an inspection of the property by the Department of Planning Services staff. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that VI #990375 be, and hereby is, referred to the Weld County Attorney's Office for legal action against Gregory and Cathy Tuttle to remedy the violation of the Weld County Zoning Ordinance, and any other persons occupying the properties, any persons claiming an interest in the properties, and any persons acting in active concert with the identified parties, with an instruction for delay of action upon such referral until June 15, 2000, to allow adequate time for the property owners to bring the subject property into compliance. 2000-0822 PL0824 0 PL kL 011 VIOLATIONS - VI #9900375 - GREGORY AND CATHY TUTTLE PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 11th day of April, A.D., 2000. BOARD OF COUNTY COMMISSIONERS W LD COUNTY, COLORADO ATTEST: AL / BarbaraJ. meWeld County Clerk tot j% !flc,Oree . - 2--\ %1 ,P BY: 'Ci . rf+i 1 . J. eile, Pro-Tem Deputy Clerk to the trll�.Cj":C -\- / ' r.. ��_ ''r'- -/Georg E. Baxter , APPROVED AS TQ'IORM: ! / (_1 _ Dae . Hall �6 ty Attof�eY ita--)\ Glenn Vaad - 2000-0822 PL0824 DATE: April 6, 2000 VIOLATION NUMBER: VI-9900375 NAME: GREGORY & CATHY TUTTLE ADDRESS : 34499 WCR 19, WINDSOR, CO 80550 ZONE DISTRICT: Agricultural LEGAL DESCRIPTION: Part of E2 of Section 9, T6N, R67W of the 6th P.M. , 'yield County, Colorado PARCEL NUMBER: 0807-09-000033 CASE SUMMARY December 20, 1999 Kim Ogle, Planner completed a field check, where he observed numerous trucks and one car, none of which had current tags. He also observed a Noncommercial junkyard consisting of piles of metal, tires, wood, plywood, and other miscellaneous debris . December 21, 1999 Initial complaint was received by Vicki Brown, Zoning Compliance Officer. December 22 , 1999 Five day encouragement compliance letter sent to the property owner by Vicki Brown. December 27, 1999 Telephone conversation with Mr. Tuttle with Vicki Brown. Vickie explained the process of a reported violation and the process that needed to be completed to bring the property into compliance. She notified him that she would be sending a thirty day notice that day. December 27, 1999 A Thirty day Zoning Violation Notice was sent to the property owner indicating a violation of Section 31. 3 .9 of the Weld County Zoning Ordinance. March 29, 1999 The property was inspected to determine compliance with the Zoning Ordinance. There were still three derelict vehicles and a stack of wood. Bethany Salzman, Zoning Compliance Officer and Julie Chester, Lead Planner, spoke to Mrs. Tuttle at the time of inspection. She was aware of the violation and indicated that Mr. Tuttle had surgery and therefore, it had been difficult to finish cleaning the yard. She stated that she thought it would take them approximately thirty days to finish cleaning the property. It was indicated to Mrs . Tuttle that they should attend the Violation Hearing with the Board of County Commissioners and request an extension to ensure compliance in a timely manner. 2000-0822 March 30, 2000 Letter sent (certified) to the property owner indicating that the violation was scheduled before the Board of County Commissioners on April 11, 2000 at 10 : 00 a .m. . There is still a Noncommercial Junkyard located on the property, therefore, is a violation of Section 31.3 . 9 of the Weld County Zoning Ordinance. To bring the property into compliance the property owner must remove the Noncommercial Junkyard or screen it from all adjacent properties and public rights-of-way. The Department of Planning also recommends that the County Attorney author`_ae legal action against any other persons occupying the properties, any persons claiming an interest in the properties, and any persons acting in active concert with the identified parties . (07-----tki- DEPARTMENT OF PLANNING SERVICES Code Compliance Division 1111 pe 1555 N. 17th Avenue, Greeley, CO 80631 Phone: (970) 353-6100, Ext. 3540 Fax: '970) 3046498 COLORADO INSPECTION REPORT NAME: Gregory & Cathy Tuttle LEGAL DESCRIPTION OF PROPERTY: Part of the E2 of Section 9, TEN, R67W of the 6th P.M. , Weld County, Colorado DATE: April 10, 2000 CASE NUMBER: VI-9900375 Upon visual inspection of this property, Julie Chester and myself, noticed the following violations : 1 derelict vehicle ( {light blue SE} no tags and not in working conditions) 1 derelict vehicle ( (Ford Bronco) no tags and in working condition) 1 derelict vehicle ( {Ford truck} no tags and in working condition) They also had a big blue dumpster and two horse trailers, which they are using for cleanup. Mr. Tuttle stated that they would not be attending the violation hearing with the Board of County Commissioners . B thany Sal an Zoning Co Y lance Officer lani T pc; VI-9900375 e.ti Julie Chester it( ' DEPARTMENT OF PLANNING SERVICES Code Compliance Division 1555 N. 17th Avenue, Greeley, CO 8063 Phone i970i 353-6100 • Fax 970t 304-6.198 COLORADO March 30, 2000 Mr. and Mrs. Gregory & Cathy Tuttle 34499 WCR 19 Windsor, CO 80550 Subject: VI-9900375, Part of E2 of Section 9, T6N, R67W of the 6th P.M., Weld County, Colorado Dear Mr. & Mrs. Tuttle: The property referenced above remains in violation of the Weld County Zoning Ordinance. I have scheduled a meeting with the Board of County Commissioners on April 11, 2000, at 10:00 a.m., to consider the violations occurring on the property. This meeting will take place in the County Commissioners' Hearing Room, First Floor, Weld County Centennial Center, 915 10th Street, Greeley, Colorado. It is recommended that you or a representative be in attendance to answer any questions the Board of County Commissioners might have about the violations. The Department of Planning Services' staff will be recommending that the Board of County Commissioners authorize the County Attorney to proceed with legal action to remedy the violation. Our records indicate that you were made aware of the nature of the violation, the action necessary to correct the violation, and that you were given sufficient time to remedy the violation. If you have any questions concerning this matter, please call me. • Sincerely, Bethany Salim n • Zoning Compliance Officer pc: VI-9900375 Julie Chester, Lead Planner Kim Ogle, Planner SERVICE,TEAMWORK,INTEGRITY.QUALITY INSPECTION REPORT NAME: Gregory & Cathy Tuttle LEGAL DESCRIPTION OF PROPERTY: Part of E2 of Section 9, T6N, R67W of the 6th P.M. , Weld County, Colorado. DATE: March 29, 2000 CASE NUMBER: VI-9900375 Upon visual inspection of this property, the following violations were active: Stack of wood (2 x 4 ' s) Three derelict vehicles While speaking with Cathy Tuttle, she disclosed that her husband recently nad surgery and therefore they had been unable to finish cleaning the property. She stated that she thought they could have it completely cleaned by June 15, 2000. We (Julie Chester and myself) advised her cf the Board of Commissioners Hearing on April 11, 2000 at 1000 am. We also, told her that the board might grant her request for an extension, but she would need to explain to them her current situation. She agreed. (Typed on 033100) �.11 ail ' ethany Salzman Zoning Compliance Officer pc : VI-9900375 Julie Chester Kim Ogle •4 DEPARTMENT OF PLANNING SERVICES 1 Code Compliance Division • �l 1555 N. 17th Avenue, Greeley, CO 80631 Phone: (970) 353-6100, Ext. 3540 Fax: (970) 304-6498 Ci COLORADO WELD COUNTY ZONING VIOLATION NOTICE December 27, 1999 Mr & Mrs Gregory & Cathy Tuttle 34499 WCR 19 Windsor, CO 80550 Subject: VI-9900375, N43D12'W 90.55 N14D54'W 143.84' N62D02'W. Weld County, Colorado Dear Mr & Mrs Tuttle, The uses on the above described property are being considered as a zoning violation of Sections 31.3.9 of the Weld County Zoning Ordinance. It is the intention of this office to assist and cooperate with you without imposing undue hardships; however, we have no discretion in this matter if you fail to correct this violation. You have 30 (thirty) days from December 27, 1999, to correct this zoning violation. Failure to do so will result in this office scheduling the violation before the Board of County Commissioners to consider whether to refer the violation to the County Attorney's Office for legal action. • Any information you have that may help to resolve this matter will be helpful. This office is ready to be of any assistance in clarifying or answering questions concerning this matter. Please contact me at the above address or telephone number. r Sincerely, • • • Vickie Brown Zoning Compliance Officer pc: VI-9900375 SERVICE,TEAMWORK,INTEGRITY,QUALITY List of Comments 'ermit # : VI-9900375 ?rinted Date : 12-27-1999 ?eople APPLICANT TUTTLE, GREGORY A & CATHY J 12/21/1999 /BROWN 12/21/1999 12/20/99 PER KIM OGLE/PLANNER, DID SITE INSPECTION FOR S-514.THERE IS A NON COMMERCIAL IUNKYARD, CONSISTING OF NUMEROUS DERELICT VEHICLES, MISCELLANEOUS VEHICLES, PILES OF METAL, WOOD,PLYWOOD, ETC, NEAR LARGER OF TWO OUTBUILDINGS. 12121/99 TURNED OVER TO ZONING COMPLIANCE, I WILL SEND OUT 5 DAY LETTER TODAY. 12/27/99 PHONE CONVERSATION W/MR TUTTLE TODAY. I EXPLAINED THE VIOLATION PROCESS IN ACCORDANCE WITH HIS RECORDING THE SUBDIVISION. HE STATED THAT HIS SON WILL BE MOVING THE VEHICLES TO NEBRASKA AND OTHER DEBRIS WILL BE CLEANED UP. I DID ADVISE THAT HE CALL ME WHEN HIS PROPERTY IS CLEANED, SO THAT I CAN DO A FINAL INSPECTION. I ALSO LET MR TUTTLE KNOW THAT I WOULD BE SENDING OUT A 30 DAY LETTER TODAY. I WILL EXTEND FOR 30 DAYS. report vickie 4 -1° 44141:46 DEPARTMENT OF PLANNING SERVICES Code Compliance Division 1555 N. 17th Avenue, Greeley, CO 80631 Phone: (970) 353-6100, Ext. 3540 CFax: (970) 304-6498 COLORADO December 22, 1999 Mr & Mrs Gregory & Cathy Tuttle 34499 WCR 19 Windsor, CO 80550 Subject: VI-9900375, N43d12'W 90.55 N14D54'W 143.84' N62D02'W. Weld County, Colorado Dear Mr & Mrs Tuttle, It has come to the attention of the Department of Planning Services' staff that the uses on your property may not be in compliance with the Weld County Zoning Ordinance. The potential noncompliance with the Zoning Ordinance is a non commercial junkyard. Section 31.3.9. Please call me within five working days of the date of this letter to review these concerns with me. Sincerely, i Vickie Brown Zoning Compliance Officer pc: VI-9900375 SERVICE,TEAMWORK.INTEGRITY,QUALITY FIELD CHECK inspection date: December 20, 1999 CASE NUMBER: S-514 Cathy '�� 1� GL's /1 ‘_/1(1 APPLICANT: Gregoryand Tuttle J '5/2 rely^ LEGAL DESCRIPTION: E2 Section 9, Township 6 North, Range 67 West of the 6th PM. Weld County, CO LOCATION: North of WCR 70; West of WCR 19 Zoning Land Use N A (Agricultural) N rural residence - corn E A (Agricultural) E rural residence - corn S A (Agricultural) S rural residence - horses W A (Agricultural) W rural residence - subdivision COMMENTS: RE lots- lot adjacent to road is built on with a SFR address 34495 WCR 19 RE 2nd lot is vacant access road is compacted soil property is fenced with split rail, pastureland telephone pole with power/telephone lines transverse property from access to house house is single storey brick structure, two car garage two outbuildings numerous trucks and one car, no tags miscellaeanous piles of metal, tires, wood, plywood, etc near larger of two outbuildings Kim Ogle, Planner ,6(ic tl\tQlE:, • DEPARTMENT , ,, . OF PLANNING SERVICES ` COMPLAINT REPORT wine . .. i 6- e Onk, (.. C2cle ii ,-t.A ) - it - • - COLORADO • ❑ ZONING COMPLAINT Complaint Initiated by: a BUILDING CODE COMPLAINT c Staff ❑ Citizen a Other LEGAL DESCRIPTICN: 1l ., /2; 0_ VIOLATION ADDRESS: 7%1 ` 9 i�� Parcel 1�l"' 2 e,3 ATTACH CCP`f OF DEED J f � �f' Phone� _ _ Property Owner's Name` a _. ?� ; &e)4 / i 1— L.) 7 5 . Property Owners Address: . ' Tenant's Name and Mailing Address: NATURE CF COMPLAINT: • 11/r/ ?r1 , b' ,r//.s; q til .,.,:' ;.(it7 `% o- ::L- Date: , ._r 74/ Zoning Complaint Referred To: Date: . Suiidinc Code Complaint Referred To: Date: Case Assigned To: ....M. .....a............ .^ - 1• O ..� Date of Inspection: . ACTINCFINVESTIG,?TOR: Inspection of property indicates: • a No violation of the Weld County T. Zoning ' a$uilding Code Ordinance an Referred to: o No violation of the Weld County a Zoning / a Building Code Ordinance, `rotations of the following Secsons of the o Zoning Building Code Ordinance el No Action TakeniNo 'violation c 'violation Fie Started ACTION ON CfviFr�.l"�T: D Gate Date CASE rcE•lI E NED SY SUPERVISOR. SUPERVISOR'S COMMENTS NOTE. Attach ad pertinent informadon and racts disclosed by investigation to this form. Rennraoa o'clock M, on .Book --- Page Recorder 0124 66121 -`Wafrarrty`Deed n THIS DEED is a conveyance of the real property described below, including any improvements and other appurtenances (the "property")from the individual(s),corporation(s),partnership(s),or other entity(ies)named below as GRANTOR to the individual(s) or entity(ies) named below as GRANTEE. The GRANTOR hereby sells and conveys the property to the GRANTEE and the GRANTOR warrants the title to the property. except for(1)the lien of the general property taxes for the year of this deed,which the GRANTEE will pay(21 any easements and rights-of-way shown of record(3)any patent reservations and exceptions(4)any outstanding mineral interests shown of record(5) any protective covenants and restrictions shown of record,and(6)any additional matters shown below under"Additional Warranty Exceptions". The Specific Terms of This Deed Are: Grantor: (Give name(s)and place(s)of residence.if the spouse of the owner-grantor Is joining in this Deed to release homestead rights,identity grantors as husband and vete.) DAV :D C. MCBRYDE 12011 W. Ash; Windsor, Colorado 80550 Grantee: (Give name(s)and address(es).statement of address,including available road or street number,is required.) GRE3ORY A. TUTTLE AND CATHY J. TUTTLE 344 )9 Weld County Road 19; Windsor, Colorado 80550 Form of Co-Ownership: (If there are two or more grantees named,they wilt be considered to take as tenants in common unless the words'in joint tenancy"Or words of the same meaning are added in the space below.) Property Description: (Include county and state I Lot Twenty-nine (29) , WINDSOR MANOR SUBDIVISION SIXTH FILING, a subdivision of l(' the Town of Windsor, County of Weld, State of Colorado, as per the map recorded j/'0% June 30, 1995 in Book 1499 under Reception No. 2444776, Weld County Records. $3 2466979 B-1521 P-775 12/11/95 04:43P PG 1 OF 1 REC DOC Weld County CO Clerk & Recorder 6.00 3.00 Properly Address: 1420 Redwood Drive Windsor, Colorado 80550 Consideration: (The statement of a dollar amount is optional.adequate consideration for this deed will he presumed unless this conveyance is identified as a gilt.in any case this conveyance is absolute.final and unconditional.) THIRTY THOUSAND AND NO/100THS ($30, 000.00) DOLLARS Reservations-Restrictions: (If the GRANTOR intends to reserve any interest.n the property or to convey lessthan he owns,w it the GRANTOR is restricting the GRANTEE'S right in the properly,make appropriate indication.) le m Reservations, restrictions, covenants, conditions, leases, tenancies, agreements, building & zoning regulations, easements and/cm rights-of-way, apparent or of o record 0 aAdditional Warranty Exceptions: (Include deeds of trust being assumed and other matters not covered above I 5 IP General property taxes and/or special assessments/improvements, whether currently ;^. assessed or not, for the current year and all subsequent years E 3 0 1 Eite,:idled by the Grantor on __Decembana__—_ 19 . 19_5.. C� Signature Clause for Corporation,Partnership or Asaociallon: •.N Signature Clause tor Intlivldual(i' ( 7 2- 2 (....2 (. Name of Grantor: Corporation,Partnership or Association - Grantor DAVID C. MCBRYDE r✓' CBy Grantor Ely C _-- - Grantor Attest: _ - — -- `i) STATE OF COLORADO ) 55 COUNTY OF Weld ) The roregomg instrument was acknowledged before me this day of - 19( 8th December 9 95 WI• DAVID C. MCBRYDE Ir _ /1 WITNESS my hand and official seal. '. <� ley commission expires: Pudk 12/18/97 , x,909( ... STATE OF ) ss. t' -fit, COUNTY OF ) cif tThe inregomg instrument was acknowledged Defore me Isis y:of DERRA L .1•� i . 1B Uy' `• COVERT L(-,An'(•name individual Grantor(s)or it Grantor isCorporation,Partnership or Association.then identify .as president or viptgrat Oent and secretary or assistant secretary of corporation;or as partner(s)of partnership;or as authorized member(s) Qttea,)...... . :f ' sti h4- c�`.,, Y, WITNESS my hand and official seal. 1 I Notary PublicMy commission SWIMS: NO.201 a 1961 UPDATE LEGAL FORMS 7 1 616 air,Ann-we.nreeley.Colorado aova' `/ / 06311155 6...50 aR2yb73ia ORIGINAL 2467338 8-1522 P-296 12/13/95 03:04P PG 1 OF 4 REC DOC Weld County CO Clerk & Recorder 21.00 State at Colorado -Spats Alone'Ma LMo For Recordist Data - DEED OF TRUST (With Future Advance Clause) 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is DEMUR 8, 1995 and the parties, their addresses and tax identification numbers,if required,are as follows: GRANTOR: GREGORY A. TLTI'TLE CATHY J. RN= 34499 1 19 34499 NCR 19 WINDSOR, CO 80550 WINDSOR, CO 80550 SOCIAL SEU)ITY 1: 508-64-8521 SOCIAL SECURITY 1: 507-86-8587 ❑ If checked, refer to the attached Addendum incorporated herein, for additional Orators, their signatures and acknowledgments. TRUSTEE: WELD CDLlilY PUBLIC TRUSTEE 1020 9TH AVE GREELEY, CO 80631 LENDER: FIRST NATIONAL BANK OF GREELEY ORGANIZED AND EXISTING LEDER THE LAWS OF 'lam UNITED SMA:1TS OF AMERICA 1800 GREELEY MALL P 0 BOX 1030 GREELEY, CD 80632 TAXPAYER I.D. if: 84-0632595 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Grantor's performance under this Security Instrument, Grantor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following described property:tar 29, WINDSOR MANOR CH REDWOOD DRIVE, WIN DSCIR, a) 80550. The property is located in WELD at (C TAT ?9, WDIDS .!1 T4 OR WINDSOR Colorado 8050 (Addrna) (Coy) (ZIP Code) Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future,be part of the real estate described above(all referred to as 'P.uent?). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall not exceed$ 97,500.09 This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Lender's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES.The term"Secured Debt'is defined as follows: A.Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s)or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is suggested that you include items such as borrowers'names,note amounts,intern:rates,maturity dates, etc.) fI 4ISSORY NOTE DATED DECE193ER 8, 1995 IN 'IHE ANIIUfTP CR $97,500.00 IN ME NAME OF GRIMM A. AND MOW J. !IUrna. COLORADO-DEED OF TRUST (NOT FOR beer.RAMC.FHA OR VA USE) /peFec'fr. C -71I9BankersB.nk .Systems.Inc.,St.Maud,MN 11 40 0-3 01-2 3.11 Fo.m RE-DT-CO a11A4 ( /' B. All future advances from Lander to Grantor or other future obligations of Grantor to Lender under any promissory note, contract, guaranty, or other evidence of debt executed by Grantor in favor of Lender executed after this Security instrument whether or not this Security Instrument is specifically referenced or such future advances or future obligations are incurred for any purpose that was related or unrelated to the purpose of the Security Instrument. If more than one person signs this Security Instrument, each Grantor agrees that this Security Instrument will secure all future advances and future obligations that are given to or incurred by any one or more Grantor, or any one or more Grantor and others. All future advances and other future obligations are secured by this Security Instrument even though all or part may not yet be advanced. All future advances and other future obligations are secured es if made on the date of this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or future loans or advances in any amount. Any such commitment must be agreed to in a separate writing. C.All obligations Grantor owes to Lender, which may later arise, to the extent not prohibited by law, including, but not limited to,liabilities for overdrafts relating to any deposit account agreement between Grantor and Lender. D.All additional sums advanced and expenses incurred by lender for insuring, press g or otherwise protecting the Propeety and its value and any other sums advanced and expenses incurred by Lender under the terms of this Security Instrument. This Security Instrument will not secure any other debt if Lender fails to give any required notice of the right of rescission. 5. PAYMENTS. Grantor agrees that all payments under the Secured Debt will be paid when due and in accordance with the terms of the Secured Debt and this Security instrument. 6. WARRANTY OF TITLE. Grantor warrants that Grantor is or will be lawfully seized of the estate conveyed by this Security Instrument and has the right to irrevocably grant, convey, and sell the holm ty to Trustee, in trust, with power of sale. Grantor also warrants that the Property is unencumbered,except for encumbrances of record. 7. PRIOR SECURITY INTERESTS. With regard to any other age, deed of trust, security agreement or other lien document that created a prior security interest or encumbrance on the ,Grantor agrees: A.To make all payments when due and to perform or comply with all covenants. B.To promptly deliver to Lender any notices that Grantor receives from the holder. C.Not to allow any modification or extension of, nor to request any future advances under any note or agreement secured by the lien document without Lender's prior written consent. 8. CLAIMS AGAINST TITLE. Grantor will pay all taxes, assessments, liens, encumbrances, lease payments, ground rents, utilities, and other charges relating to the Property when due. Lender may require Grantor to provide to Lender copies of all notices that such amounts are due and the receipts evidencing Grantor's payment. Grantor will defend title to the Property against any claims that would impair the lien of this Security Instrument. Grantor agrees to assign to Lender, as requested by Lender, any rights, claims or defenses Grantor may have against parties who supply labor or materials to maintain or improve the Property. 9. DUE ON SALE OR ENCUMBRANCE. Lender may, at its option, declare the entire balance of the Secured Debt to be immediately due and payable upon the creation of, or contract for the creation of, any lien, encumbrance, transfer or sale of the ppeerrtty This right is subject to the restrictions imposed by federal law (12 C.F.R. 591), as applicable. This covenant shallrtm with the Property and shall remain in effect until the Secured Debt is paid in full and this Security Instrument is released. 10. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Grantor will keep the Property in good condition and make all repairs that are reasonably necessary. Grantor shall not commit or allow any waste, impairment, or deterioration of the Grantor will keep the Property free of noxious weeds and grasses. Grantor agrees that the nature of the occupancyranindd use will not substantially change without Lender's prior written consent. Grantor will not permit any change in any license, restrictive covenant or easement without Lender's prior written consent. Grantor will notify Lender of all demands,proceedings,claims,and actions against Grantor, and of any loss or damage to the Property. Lender or Lender's agents may,at Lender's option, enter the P,oyuity at any reasonable time for the purpose of inspecting the property. lender shall give Grantor notice at the time of or before aninspection specifying a reasonable purpose for the 'inspection. Any inspection of the Property shall be entirely for Lender's t, efit and Grantor will in no way rely on Lender's inspection. 11. AUTHORITY TO PERFORM. If Grantor fails to perform any duty or any of the covenants contained in this Security Instrument, Leader may, without notice, perform or cause them to be performed. Grantor appoints Lender as attorney in fact to sign Grantor's name or pay any amount necessary for performance. Lender's right to perform for Grantor shall not create an obligation to perform,and Lender's failure to perform will not preclude Len .from examine any of Lender's other rights under the law or this Security Instrument. If any construction on the Property is din or not carried on in a reasonable manner,Lender may take all steps necessary to protect Lender's security interest in the Property, including completion of the construction. 12. ASSIGNMENT OF I FASBS AND RENTS. Grantor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Lender, as additional security all the right, title and interest in and to any and all existing or future leases, subleases, and any other written or verbal agreements for the use and occupancy of any portion of the Property, including any extensions, renewals, modifications or substitutions of such agreements (all referred to as 'Leases')and rents, issues and profits(all referred to as 'Rents"). Grantor will promptly provide Lender with true and correct copies of all existing and future Leases. Grantor may collect, receive, enjoy and use the Rents so long as Grantor is not in default under the terms of this Security Instrument. Grantor agrees that this assignment is immediately effective between the parties to this Security Instrument. Grantor agrees that this assignment is effective as to third parties on Grantor's default when Lender takes actual possession of the Property or when Lender commences a foreclosure on the Property or an action or proceeding for an appointment of a receiver or for the sequestration of Rents and this assignment shall remain effective during any redemption period until the Secured Debt is satisfied. Grantor agrees that Lender or Trustee may take actual possession of the property without the necessity of commencing legal action and that actual on is deemed to occur when Larder, or tts agent, notifies Grantor of default and demands that any tenant pay future Rents directly to Lender. On receiving notice of default, Grantor will endorse and deliver to Lender any payment of Rents in Grantor's possession and will receive any Rents in trust for Lender and will not commingle the Rents with any other funds. Any amounts collected will be applied as provided in this Security Instrument. Grantor warrants that no default exists under the Leases or any applicable laadlord/tnant law. Grantor also agrees to maintain and require any tenant to comply with the terms of the Leases and applicable law. 2467338 B-1522 P-296 12/13/95 03:04P PG 2 01? 4 rPe �, ,r. _ r'_ 2467338 B-1522 P-296 12/13/95 03:04P PG 3 OF 4 13. LEASEHOLDS; CONDOMINIUMS; PLANNED UNIT DEVELOPMENTS. Grantor agrees to comply with the provisions of any lease if this Security Instrument is on a leasehold. If the Petty includes a unit in a condominium or a planned unit development, Grantor will perform all of Grantor's duties under the covenants,by-laws, or regulations of the condominium or planned unit development. on the Secured Debt fails to make payment when due. 14. GEFAULT will be in default if any party obligated or any other document executed Grantor will be in is default if a breach occurs under the terms of this Security Instrument for the purpose of creating, securing or guarantying the Secured Debt. A good faith belief by Leander that Lender at any time is insecure with respect to any !on or entity obligated on the Secured Debt or that the prospect of any payment or the value of the Property is impaired shall also constitute an event of default. 15. REMEDIES ON DEFAULT.In some Stances, federal and state law will require Lender to provide Grantor with notice of the right to tare or other notices and may establish time schedules for foreclosure actions.ebt Subject to prosevided �Tens, if if any, lender may accelerate the Secured D and foreclose this Security Instrument a manGrantor is in default At the option of Lender, all or any part of the agreed fees and charges, accrued interest and principal shall become immediately due and payable, after giving notice if required by law, upon the occurrence of a default or anytime thereafter. in addition, Lender shell be entitled to all the remedies provided by law, the tams of the Secured Debt, this Security Instrument and any related documents, including without limitation, the power to sell the Property or foreclose on installments without acceleration. If there is a default, Trustee shall, in addition to any other permitted remedy, at the request of the Leader, advertise and sell the Property as a whole or in separate parcels at public auction to the highest bidder for cash and conve�tee shute title l give free and clear of all right, title and- nterest of Grantor at such time and place as Trustee designates. notice of sale including the time, terms and place of sale and a description of the property to be sold as required by the applicable law in effect at the time of the proposed sale. Upon sale of the property and to the extent bited by law, Trustee shall make and deliver a deed to 11.Lender rty, sold which conveys absolute title to the and after first paying all fees, charges and costa, shall pay all moneys advanced for repairs, taxes, insurance, liens, assamenta and prior meumbn aces and interest thereon, and the principal and interest on the Secured Debt,awing the surplus, if any,to Grantor. Lender may purchase the Property. The recitals in any dead of conveyance shall be prima fade evidence of the facts set forth therein. All remedies are distinct, cumulative and not exclusive, and the Lender is entitled to all remedies provided at law or equity, whether or not expressly.set forth. The acceptance by Lander of any sum in.payment or payment on the Secured Debt after the balance is due or is accelerated or after foreclosure are filth shell not constitute a waiver of Larder's right to complete cure of any existing default. ylf not exercising any remedy on Grantor's default,Lender does not waive I.euder'a nght to late consider the event a default if it continues or happs again. 16. EXPENSES; ADVANCES ON COVENANTS; ATTORNEYS' FEES; COLLECTION C� Except in thisverity prohibited by law, Grantor agrees to pay all of Lender's expenses if Grantor breaches any Instruniant. Grantor will also pay on demand any amount incurred by Larder for insuring, inspecting, preserving or otherwise protecting the Property and Lender's security infixed. These expenses will bear interest from the date of the payment until paid in full at the highest interest rate in effect as provided in the terms of the Secured DLender's rights ebt. remedies to pay all costs and expenses incurred by Lender in collecting, enforcing or protecting and other under er this Security Instrument This amount may include, but is not limited to, attorneys fees, court costs, g expenses not to exceed 15% of the unpaid debt after default. This amount does not include attorneys' fees for a salaried employee of the Lender. This Security Instrument shall remain in effect until released. Grantor agrees to pay for any recordation costs of such release. 17. ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES. As used in m o this Bectn, (1)1 Ave Enviro(CERCnmental w moans, without limitation, the Comprehensive Environmental Response, Compensation 2 U.S.C. 9601 et aeq.), and all other federal, state and local laws, regulations, ordinances, court orden, attorney general opinions or interpretive letters concerning the public health,safety,welfare,environment or a hazardous substance' d(2) hazardous Substance means any toxic, radioactive or hazardous material, waste, pollutant or contaminant which has characteristics which render the substance dangerous or potentially dangerous to the public health, safety, welfare or environment. The term includes, without limitation, any substances defined as "hazardous material,' 'toxic substances.' "hazardous waste"or 'hazardous substance'under any Environmental Law. Grantor represents,warrants and agrees that: no Hazardous Substance is or will be located, A.Except as previously disclosed and acknowledged in writing to landedto small quantities of c is or will Suffocated, stored or released on or in the Property. This restriction does not apply that are generally recognized to be appropriate fm the normal use and maintenance of the Property. B.Except as previously disclosed and acknowledged in writing to Lender, Grantor and every tenant have been, are, and shall remain in full compliance with any applicable Environmental Law. C.Grantor shall immediately notify Lender if a release or threatened release of a Hszardotis Substance occurs on,under or about the Property or there is a violation of any Environmental Lew concerning the Property. In such an event. Grantor shall take all necessary remedial action in accordance with any Environmental Law. D.Grantor shall immediately notify Leader in writing as soon�G Grantor hse as reason to believe releasere is of any pending or thrSubstance investigation,evioliti claim,fy n tronmedinrelating to� Substance or the violation of any Fnvuonnien Law. 18. CONDEMNATION. Grantor will give Lender prompt notice of any pending or threatened action, by private or public allthrough condemnation,eminent domain, or any other means. Grantor entities toauthorizes purchase or take any orof the o s name Larder loader so intervene any in or claims name m my of the with Sabovea on or claims. Grantor assigns r to leader the proceeds of any award claim for damages or other taking of all or any part of the Property. Such proceeds shall be considered payments and will be applied as provided in this Security Instrument. This assignment of proceeds is subject to the terms of any prior mortgage, deed of trust, security agreement or other lien document. 19. INSURANCE. Grantor shall keep Property insured against loss by fire, flood, theft and other hazards and risks reasonably associated with the Property due to its type and location. This insurance shall be maintained in the amounts and for the requires. The insurance carrier providing the insurance shall be chosen by Grantor subject toLender appiroval which shall not be unreasonably withheld. If Grantor fails to maintain the coverage described above,eSenr may, at Lender's option, obtain coverage to protect Lender's rights in the Property according to the team of Instrument. 7 _ IPasa _ 01994 a*Mr.Systems,Inc.,St.Clouds MN II-100-351-2341) Fans RE-0T-CO S/1/04 l�--L-- '- All insurance policies and renewals shall be table to Lender and shall include a standard 'mortgage clause' and, where applicable, 'loss payee clause.' Grantor shall immediately notify Lender of row Nation or termination of the insurance. Lender shall have the right to hold the policies and renewals. If Ieader requires, Grantor shall immediately give to Lender all receipts of paid premiums and renewal notices. Upon loss, Grantor shall give immediate notice to the insurance carrier and Lender. Lender may mace proof of loss if not made immediately by Grantor. Unless otherwise agreed in writing,all insurance proceeds shall be applied to the restoration or repair of the Property or to the Secured Debt, whether or not then due, at Larder's option.Any application of proceeds to principal shall not extend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid to the Grantor. If the Property is acquired by Lender, Grantors right to any insurance policies and proceeds resulting from damage to the Property before die acquisition shall pass to Linder to the extent of the Secured Debt immediately before the acquisition. 20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Grantor will not be required to pay to Lender funds for taxes and insurance in escrow. 21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Grantor will provide to Lander upon request, any financial statement or information Leader may deem reasonably necessary. Grantor agrees to sign, deliver, and file any additional documents or certifications that L rder may consider necessary to perfect, continue, and preserve Grantor's obligations under this Security Instrument and Lender's lien status on the Property. 22. JOINT AND INDIVIDUAL LIABILITY} CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. If Grantor signs this Security Instrument but does not sign an evidence of debt, Grantor does so only to mortgage Grantor's interest in the Property to secure payment of the Secured Debt and Grantor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between Lender and Grantor,Grantor agrees to waive any rights that may prevent Lender from bringing any action or claim against Grantor or any party indebted under the obligation. These rights may include, but are not limited to,any anti-deficiency or one-action laws. Grantor agrees that Lender and any party to this Security Instrument may extend, modify or make any change in the terms of this Security Instrument or any evidence of debt without Grantor's consort. Such a change will not release Grantor from the terms of this Security Instrument. The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Grantor and I Pewee. 23. APPLICABLE LAW' SEVERABILITY;INTERPRETATION. This Security Instrument is governed by the laws of the jurisdiction in which Lender is located, except to the extent otherwise required by the laws of the juristhction where the Property is located. This Security Instrument is complete and hilly integrated. This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to the Secured Debt that conflicts with applicable law will not be effective,unless that law expressly or unpliedly permits the variations by written agreement. If any section of this Security Instrument cannot be enforced according to its terms, that section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used, the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret or define the terms of this Security Instrument. Time is of the essence in this Security Instrument. 24. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing. Notice to one grantor will be deemed to be notice to all grantors. 25. WAIVERS. Except to the extent prohibited by law, Grantor waives all rights of appraisement, homestead exemption and marshalling of liens and assets. 26. OTHER TERMS. If checked, the following are applicable to this Security Instrument: fl Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be reduced to a zero balance, this Security Instrument will remain in effect until released. ll Construction Loan.This Security Instrument secures an obligation incurred for the construction of an improvement on the Property. ❑ Fixture Ming. Grantor grants to Lender a security interest in all goods that Grantor owns now or in the future and that are or will become fixtures related to the Property. This Security Instrument suffices as a financing statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the Uniform Commercial Code. D Riders. The covenants and agreements of each of the riders checked below are incorporated into and supplement and amend the terms of this Security Instrument. [Check all applicable boxes] ❑ Condominium Rider ❑ Planned Unit Development Rider ❑ Other ❑ Additional Tams. 2467338 B-1522 P-296 12/13/95 03:04P PG 4 OF 4 SIGNATURES: By signing below, Grantor agrees to the terms and covenants contained in this Security Instrument and in any attachments. Grantor also aclmowl receipt of a copy of this Security Instrument on the data stated on page 1. x... ...�. ut. ��N' .L...1r4 r'(--'.L ... .. - .1.U.lrrze_ (Signature)i-i A. (Date) (Signsturc)erf J, (Date) `,,sue r (J ACKFM :>� COUNTY OF P } ss. 1141\0 AP instrument was aclmowledged before me this $7111 . der 995 c -o 1LLA. TUITLE AND CATHY J. TUTTLE, o,.'p,A' ' i/(fZ� ,,t e1 expires: /z._74)(( e r • 1 1�,'•., 'p 1 . r.,,�F t 0 01994 Bribe Systems.Ins..St.Clad.MN 11.800-307-23411 F>m RE-DT-CO SWIM (page 4 of 4) '7:F- OFdG!NAL Atte 4414 1.1.1 2444319 B-1498 P-812 06/28/95 11 :08A PG 1 OF 6 REC DOC Weld County CO Clerk & Recorder 30.00 — -State of Colorado -Space Above This Lime For Recording Data --- DEED OF TRUST (With Future Advance Clause) 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is JUNE 144 1995 and the parties, their addresses and tax identification numbers, if required, are as follows: GRANTOR: GREGORY A. 'MIME CATHY J. TUITIE 34499 WM 19 34499 WCR 19 WINDSOR, CO 80550 WINDSOR, CO 80550 SOCIAL SECURITY #: 508-64-8521 SOCIAL SECURITY #: 507-86-8587 If checked, refer to the attached Addendum incorporated herein, for additional Grantors, their signatures and acknowledgments. TRUSTEE: WELD COUNTY Y PUBLIC TRUSTEE LENDER: FIRST NATIONAL BANK OF GREELEY ORGANIZED AND EXISTING UNDER THE LAWS OF THE UNITED STATES OF AMERICA. 1800 GREELEY MALL P 0 BOX 1030 GREELEY, CO 80632 TAXPAYER I.D. #: 84-0632595 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Grantor's performance under this Security Instrument, Grantor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following described property:REFER TO EXHIBIT 'A' WHICH IS ATTACHED HERETO AND MADE A PART HEREOF. The property is IMatetl in WELD at (County) 34499 SCR 19 WINDSOR Colorado 80550 (Address) (City) (2D'Code) Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replay-inflects that may now, or at any time in the future, be part of the real estate described above(all referred to as "Property"). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall not exceed S 57,000.00 This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also„ this limitation does not apply to advances made under the terms of this Security Instrument to protect Lender's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term 'Secured Debt" is defined as follows: A.Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (Mien referencing the debts below it it suggested that you include Items such as borrowers'names, note amounts, interest rates,maturity dates, etc.) PROMISSORY NOTE DATED JUNE 14, 1995 IN THE ADYXNT OF $57,000.00 IN THE NAME OF GRID0RY A. AND CATHY J. TUTTLE PAYABLE ON DEMAND. COLORADO-DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USEI �A T \,ipaaeipt\4) ®1864 B. a Fenn rt .Symons,Inc.,St.Cloud,MN 11-800.307-334 II Fn RE-DT-CO B/1/a4 -- 2444319 B-1498 P-812 06/28/95 11:08A PG 2 OF 6 B.All future advances from Lender to Grantor or other future obligations of Grantor to Lender under any promissory note, contract, guaranty, or other evidence of debt executed by Grantor in favor of Lender executed after this Security Instrument whether or not this Security Instrument is specifically referenced or such future advances or future obligations are incurred for any purpose that was related or unrelated to the purpose of the Security Instrument. If more than one person signs this Security Instrument, each Grantor agrees that this Security Instrument will secure all future advances and future obligations that are given to or incurred by any one or more Grantor, or any one or more Grantor and others. AN future advances and other future obligations are secured by this Security Instrument even though all or part may not yet be advanced. All future advances and other future obligations are secured as if made on the date of this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or future loans or advances in any amount. Any such commitment must be agreed to in a separate writing. C.All obligations Grantor owes to Lender, which may later arise, to the extent not prohibited by law, including, but not limited to, liabilities for overdrafts relating to any deposit account agreement between Grantor and Lender. D.All additional sums advanced and expenses incurred by Lender for insuring, preserving or otherwise protecting the Property and its value and any other sums advanced and expenses incurred by Lender under the terms of this Security Instrument. This Security Instrument will not secure any other debt if Lender fails to give any required notice of the right of rescission. 5. PAYMENTS. Grantor agrees that all payments under the Secured Debt will be paid when due and in accordance with the terms of the Secured Debt and this Security Instrument. 6. WARRANTY OF TITLE. Grantor warrants that Grantor is or will be lawfully seized of the estate conveyed by this Security Instrument and has the right to irrevocably grant, convey, and sell the Property to Trustee, in trust, with power of sale. Grantor also warrants that the Property is unencumbered,except for encumbrances of record. 7. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or other lien document that created a prior security interest or encumbrance on the Property, Grantor agrees: A.To make all payments when due and to perform or comply with all covenants. B. To promptly deliver to Lender any notices that Grantor receives from the holder. C.Not to allow any modification or extension of, nor to request any future advances under any note or agreement secured by the lien document without Lender's prior written consent. 8. CLAIMS AGAINST TITLE. Grantor will pay all taxes, assessments, liens, encumbrances, lease payments, ground rents, utilities, and other charges relating to the Property when due. Lender may require Grantor to provide to Lender copies of all notices that such amounts are due and the receipts evidencing Grantor's payment. Grantor will defend title to the Property against any claims that would impair the lien of this Security Instrument. Grantor agrees to assign to Lender, as requested by Lender, any rights, claims or defenses Grantor may have against parties who supply labor or materials to maintain or Improve the Property. 9. DUE ON SALE OR ENCUMBRANCE. Lender may, at its option, declare the entire balance of the Secured Debt to be immediately due and payable upon the creation of, or contract for the creation of, any lien, encumbrance, transfer or sale of the Property. This right is subject to the restrictions imposed by federal law (12 C.F.R. 591), as applicable. This covenant shall run with the Property and shall remain in effect until the Secured Debt is paid in full and this Security Instrument is released. 10. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Grantor will keep the Property in good condition and make all repairs that are reasonably necessary. Grantor shall not commit or allow any waste, impairment, or deterioration of the Property. Grantor will keep the Property free of noxious weeds and grasses. Grantor agrees that the nature of the occupancy and use will not substantially change without Lender's prior written consent. Grantor will not permit any change in any license, restrictive covenant or easement without Lender's prior written consent. Grantor will notify leader of all demands, proceedings, claims,and actions against.Grantor, and of any loss or damage to the Property. Lender or lender's agents may, at Lender's option, enter the Property at any reasonable time for the purpose of inspecting the Property. Lender shall give Grantor notice at the time of or before an inspection specifying a reasonable purpose for the inspection. Any inspection of the Property shall be entirely for Lender's benefit and Grantor will in no way rely on Lender's inspection. 11. AUTHORITY TO PERFORM. If Grantor fails to perform any duty or any of the covenants contained in this Security Instrument, Lender may, without notice, perform or cause them to be performed. Grantor appoints Lender as attorney in fact to sign Grantor's name or pay any amount necessary for performance. Leader's right to perform for Grantor shall not create an obligation to perform, and Lender's failure to perform will not preclude Lender from exercising any of Lender's other rights under the law or this Security Instrument. If any construction on the Property is discontinued or not carried on in a reasonable manner, Lender may take all steps necessary to protect.Lender's security interest in the Property, including completion of the construction. 12. ASSIGNMENT OF LEASES AND RENTS. Grantor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Lender, as additional security all the right, title and interest in and to any and all existing or future leases, subleases, and any other written or verbal agreements for the use and occupancy of any portion of the Property, including any extensions, renewals, modifications or substitutions of such agreements (all referred to as "Leases")and rents, issues and profits (all referred to as 'Rents"). Grantor will promptly provide Lender with true and correct copies of all existing and future I Paces. Grantor may collect, receive, enjoy and use the Rents so long as Grantor is not in default under the terms of this Security Instrument. Grantor agrees that this assignment is immediately effective between the parties to this Security Instrument. Grantor agrees that this assignment is effective as to third parties on Grantor's default when Lender takes actual possession of the Property or when Lender commences a foreclosure on the Property or an action or proceeding for an appointment of a receiver or for the sequestration of Rents and this assignment shall remain effective during any redemption period until the Secured Debt is satisfied. Grantor agrees that Leader or Trustee may take actual possession of the property without the necessity of commencing legal action and that actual pow.osion is deemed to occur when Lender, or its agent, notifies Grantor of default and demands that any tenant pay all future Rents directly to Lender. On receiving notice of default, Grantor will endorse and deliver to Lender any payment of Rents in Grantor's possession and will receive any Rents in trust for Lender and will not commingle the Rents with any other funds. Any amounts collected will be applied as provided in this Security Instrument. Grantor warrants that no default exists under the leases or any applicable landlord/tenant law. Grantor also agrees to maintain and require any tenant to comply with the terms of the Leases and applicable law. 0)°,61 of) 1691 bran Systems,Inc.,St Claud.MN ni003al43411 Fpm RC-DT-CO 511/114 .Lt ./ L ,p 2444319 B-1498 P-812 06/28/95 11:08A PG 3 OF 6 13. LEASEHOLDS; CONDOMINIUMS; PLANNED UNIT DEVELOPMENTS. Grantor agrees to comply with the provisions of any lease'if this Security' Instrument is on a leasehold. If the Property includes a unit in a condominium or a planned unit development,Grantor will perform all of Grantor's duties under the covenants, by-laws, or regulations of the condominium or planned unit development. 14. DEFAULT. Grantor will be in default if any party obligated on the Secured Debt fails to make payment when due. Grantor will be in default if a breach occurs under the terms of this Security Instrument or any other document executed for the purpose of creating, securing or guarantying the Secured Debt. A good faith belief by Lender that Lender at any time is insecure with respect to any person or entity obligated on the Secured Debt or that the prospect of any payment or the value of the Property is impaired shall also constitute an event of default. 15. REMEDIES ON DEFAULT. In some instances, federal and state law will require Lender to provide Grantor with notice of the right to cure or other notices and may establish time schedules for foreclosure actions. Subject to these limitations, if any, Lender may accelerate the Secured Debt and foreclose this Security Instrument in a manner provided by law if Grantor is in default. At the option of Lender, all or any part of the agreed fees and charges, accrued interest and principal shall become immediately due and payable, after giving notice if required by law, upon the occurrence of a default or anytime thereafter. In addition, Lender shall be entitled to all the remedies provided by law, the terms of the Secured Debt, this Security Instrument and any related documents, including without limitation, the power to sell the Property or foreclose on installments without acceleration. If there is a default, Trustee shall, in addition to any other permitted remedy, at the request of the I fluter, advertise and sell the Property as a whole or in separate parcels at public auction to the highest bidder for cash and convey absolute title free and clear of all right, title and interest of Grantor at such time and place as Trustee designates. Trustee shall give notice of sale including the time, terms and place of sale and a description of the property to be sold as required by the applicable law in effect at the time of the proposed sale. Upon sale of the property and to the extent not prohibited by law, Trustee shall make and deliver a deed to the Property sold which conveys absolute title to the purchaser, and after first paying all fees, charges and costs, shall pay to Lender all moneys advanced for repairs, taxes, insurance, liens, assessments and prior encumbrances and interest thereon, and the principal and interest on the Secured Debt,paying the surplus, if any, to Grantor. Lender may purchase the Property. The recitals in any deed of conveyance shall be prima fade evidence of the facts set forth therein. All remedies are distinct, cumulative and not exclusive, and the Lender is entitled to all remedies provided at law or equity, whether or not expressly set forth. The acceptance by Lender of any sum in payment or partial payment on the Secured Debt after the balance is due or is accelerated or after foreclosure proceedings are filed shall not constitute a waiver of Lender's right to require complete cure of any existing default. By not exercising any remedy on Grantor's default, Lender does not waive Lender's nght to later consider the event a default if it continues or happens again. 16, EXPENSES; ADVANCES ON COVENANTS; ATTORNEYS' FEES; COLLECTION COSTS. Except when prohibited by law, Grantor agrees to pay all of Lender's expenses if Grantor breaches any covenant in this Security Instrument. Grantor will also pay on demand any amount incurred by Lender for insuring, inspecting, preserving or otherwise protecting the Property and Lender's security interest. These expenses will bear interest from the date of the payment until paid in full at the highest interest rate in effect as provided in the terms of the Secured Debt. Grantor agrees to pay all costs and expenses incurred by Lender in collecting, enforcing or protecting Lender's rights and remedies under this Security Instrument. This amount may include, but is not limited to, attorneys' fees, court costs, and other legal expenses not to exceed 15% of the unpaid debt after default. This amount does not include attorneys' fees for a salaried employee of the Lender. This Security instrument shall remain in effect until released. Grantor agrees to pay for any recordation costs of such release. 17. ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES. As used in this section, (1) Environmental Law means, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA, 42 U.S.C. 9601 et seq.), and all other federal, state and local laws, regulations, ordinances, court orders, attorney general opinions or interpretive letters concerning the public health, safety, welfare,environment or a hazardous substance; and(2) Hazardous Substance means any toxic, radioactive or hazardous material, waste, pollutant or contaminant which has characteristics which render the substance dangerous or potentially dangerous to the public health, safety, welfare or environment. The term includes, without limitation, any substances defined as 'hazardous material,'"toxic substances," "hazardous waste' or 'hazardous substance'under any Environmental Law. Grantor represents, warrants and agrees that: A.Except as previously disclosed and acknowledged in writing to Lender, no Hazardous Substance is or will be located, stored or released on or in the Property. This restriction does not apply to small quantities of Hazardous Substances that are generally recognized to be appropriate for the normal use and maintenance of the Property. B.Except as previously disclosed and acknowledged in writing to Lender, Grantor and every tenant have been, are, and shall remain in full compliance with any applicable Environmental Law. C.Grantor shall immediately notify Lender if a release or threatened release of a Hazardous Substance occurs on, under or about the Property or there is a violation of any Environmental Law concerning the Property. In such an event, Grantor shall take all necessary remedial action in accordance with any Environmental Law. D.Grantor shall immediately notify Lender in writing as soon au Grantor has reason to believe there is any pending or threatened investigation, claim, or proceeding relating to the release or threatened release of any Hazardous Substance or the violation of any Environmental Law. 18. CONDEMNATION. Grantor will give Lender prompt notice of any pending or threatened action, by private or public entities to purchase or take any or all of the Property through condemnation,eminent domain, or any other means. Grantor authorizes Lender to intervene in Grantor's name in any of the above described actions or claims. Grantor assigns to Lender the proceeds of any award or claim for damages corrected with a condemnation or other taking of all or any part of the Property. Such proceeds shall be considered payments and will be applied as provided in this Security Instrument. This assignment of proceeds is subject to the terms of any prior mortgage, deed of trust, security agreement or other lien document. 19. INSURANCE. Grantor shall keep Property insured against loss by fire, flood, theft and other hazards and risks reasonably associated with the Property due to its type and location. This insurance shall be maintained in the amounts and for the periods that Leader requires. The insurance carrier providing the insurance shall be chosen by Grantor subject to Lender's approval, which shall not be unreasonably withheld. If Grantor fails to maintain the coverage describal above, Lender may, at Lender's option, obtain coverage to protect Lender's rights in the Property according to the terms of this Security Instrument. -µ— tpageEdpr4) B ( 1 aa4 Baran Systems,Inc.,St.Claud,MN 11-800401-33411 Fain FE-0T CC SWIM4 --- 2444319 B-1498 P-812 06/28/95 11:08A PG 4 OF 6 All insurance policies and renewals shall be acceptable to Lender and shall include a standard "mortgage clause" and, where applicable, "loss payee clause.' Grantor shall immediately notify Lender of cancellation or termination of the insurance. Lender shall have the right to hold the policies and renewals. If Lender requires, Grantor shall immediately give to Lender all receipts of paid premiums and renewal notices. Upon loss, Grantor shall give immediate notice to the insurance carrier and Lender. Lender may make proof of loss if not made immediately by Grantor. Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to the Secured Debt, whether or not then due, at Lender's option. Any application of proceeds to principal shall not extend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid to the Grantor. If the Property is acquired by Lender, Grantor's right to any insurance policies and proceeds resulting from damage to the Property before the acquisition shall pass to Lender to the extent of the Secured Debt immediately before the acquisition. 20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Grantor will not be required to pay to Lender funds for taxes and insurance in escrow. 21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Grantor will provide to Lender upon request, any financial statement or information Lender may deem reasonably necessary. Grantor agrees to sign, deliver, and file any additional documents or certifications that Lender may consider treasury to perfect, continue, and preserve Grantor's obligations under this Security Instrument and Lender's lien status on the Property. 22, JOINT AND INDIVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. Ml duties under this Security Instrument are joint and individual. If Grantor signs this Security Instrument but does not sign an evidence of debt, Grantor does so only to mortgage Grantor's interest in the Property to secure payment of the Secured Debt and Grantor does not agree to be personally liable on the Secured Debt. If t is Security Instrument secures a guaranty between Lender and Grantor, Grantor agrees to waive any rights that may prevent Lender from bringing any action or claim against Grantor or any party indebted under the obligation. These rights may include, but are not limited to, any anti-deficiency or one-action laws. Grantor agrees that Lender and any party to this Security Instrument may extend, modify or make any change in the terms of this Security Instrument or any evidence of debt without Grantor's consent. Such a change will not release Grantor from the terms of this Security Instrument. The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Grantor and Lender. 23. APPLICABLE LAW; SEVERABILITY;INTERPRETATION. This Security Instrument is governed by the laws of the jurisdiction in which Lender is located, except to the extent otherwise required by the laws of the jurisdiction where the Property is located. This Security Instrument is complete and fully Integrated. This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the variations by written agreement. If any section of this Security Instrument cannot be enforced according to its terms, that section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used, the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret or define the terms of this Security Instrument. Time is of the essence in this Security Instrument. 24. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing. Notice to one grantor will be deemed to be notice to all grantors. 25. WAIVERS. Except to the extent prohibited by law, Grantor waives all rights of appraisement, homestead exemption and marshalling of liens and assets. 26. OTHER TERMS.If checked, the following are applicable to this Security Instrument: ❑ Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be reduced to a zero balance, this Security Instrument will remain in effect until released. ❑ Construction Loan. This Security Instrument secures an obligation incurred for the construction of an improvement on the Property. ❑ Fixture Filing. Grantor grants to Lender a security interest in all goods that Grantor owns now or in the future and that are or will become fixtures related to the Property. This Security Instrument suffices as a financing statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the Uniform Commercial Code. ❑ Riders.The covenants and agreements of each of the riders checked below are incorporated into and supplement and amend the terms of this Security Instrument. [Check all applicable boxes] o Condominium Rider ❑ Planned Unit Development Rider ❑ Other ❑ Additional Terms. SIGNATURES: By signing below, Grantor agrees to the terms and covenants contained in this Security Instrument and in any attachments. Grantor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1. ,� - _ st aawre l La 3 9 ., �, �� 3�X.ntre.�fi ,�:; �..� - �C C t ( �_((Date) ( e )GRE�RY`�. TUPr'r,F (Date) (Signature) cA�/J. foam) ACKNOWLEDGMENT: STATE OF. CI3IAR1lDO COUNTY(11...„..„7,07)... } ss. t°`s"'s''1 Thp • in Mat meat was acknowled ed before me this.. ... . e 95 � ` irrLE AND cr 1r J. TUTTLE, �/ q� I� = (Notary Public) 01994 Borten Synnms,km,.M.Cloud,MN 11-800-397.23411 form RE-DT-CO 8/1/94 (page 4 of 4) ORIGINAL EXHIBIT "A" 2444319 8-1498 P-812 06/28/95 11:08A PG 5 OF 6 PARCEL A: A tract of land located in the Southeast Quarter (SE1/4) of Section Nine (9) , Township Six (6) North, Range Sixty-seven (67) West of the 6th P.M., County of Weld, State of Colorado, considering the East Line of said SE1/4 as hearing South 00° 06' 05" East, and with all bearings contained herein relative thereto. Beginning at the E1/4 Corner of said Section 9; thence South 00° 06' 05" Fast, 723.50 feet: thence North 81° 11' 42" West, 38.10 feet, to a point on the centerline of the Lake Canal Ditch; thence along said center line on the fo'_lcwing courses: South 76° 31' 49" West, 171.72 feet; thence North 83° 15' 50" West, 127.88 feet; thence North 47° 24' 01" West, 118.19 feet; thence North 32° 18' 26" West, 160.91 feet; thence North 47° 58' 41" West, 235.59 feet; thence leaving said centerline North 00° 00' 00" East, 368.96 feet; thence North 90° 00' 00" East, 678.39 feet to the Point of Beginning. PARCEL B: A tract of land located in the East Half (E1/2) of Section Nine (9), Township Six (6) North, Range Sixty-seven (67) West of the 6th P.M., County of Weld, State of Colordo. Considering the East Line of said Section 9 as bearing South 00° 06' 05" East, and with all bearings contained relative thereto. Cac¢rencing at the E1/4 Corner of said Section 9; thence North 90° 00' 00" West, 678.39 feet to the. True Point of Beginning; thence South 00° 00' 00" West, 368.96 feet to a point on the centerline of the Lake Canal Ditch; thence following said centerline on the following courses: North 47° 58' 41" west, 9.40 feet; thence North 80° 32' 16" west, 48.66 feet; thence South 20° 40' 28" West, 56.65 feet; thence South 14° 28' 54" East, 311.91 feet; thence South 34° 38' 48" West, 149.51 feet; thence South 11° 33' 04" West, 139.83 feet; thence South 21° 19 ' 56" west, 362.86 feet; thence South 47° 15' 53" West, 125.26 feet; thence North 88° 08' 15" West, 123.07 feet: theme North 42° 48' 11" West, 276.68 feet; thence North 05° 57' 26" West, 231.25 feet; thence North 49° 32' 53" West, 124.84 feet; thence South 75° 33' 21" West, 136.31 feet; thence North 63° 04' 20" West, 70.66 feet; thence North 32° 39' 03" West, 122.33 feet; thence North 00° 50' 04" West, 206.02 feet; thence North 50° 04' 47" West, 63.89 feet; thence North 86° 21' 32" West, 110.22 feet; thence South 83° 53 ' 04" West, 168.96 feet; (Continued) j 2444319 B-1498 P-812 06/28/95 11:08A PG 6 OF 6 thence North 51° 53' 33" West, 129.63 feet; thence North 23° 11' 55" West, 152.32 feet; thence North 65° 48' 24" West, 151.29 feet; thence North 43° 12' 36" West, 90.55 feet; thence North 14° 54' 21" West, 143.84 feet; thence North 62° 02' 57" West, 108.11 feet; thence North 90° 00' 00" East, 1849.48 feet to the Point of Beginning. 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