Common Contracts

DEED OF TRUST

October 29th, 2018

• Filed
  October 29th, 2018

THIS DEED OF TRUST ("Security Instrument”) is made on the day of , 20 among the grantor, «BuyerName», ("Borrower"), the Public Trustee of Boulder County ("Trustee"), and the beneficiary, Town of Lyons (“Lender”) which is organized and existing under the laws of Colorado, and whose address is PO Box 49, Lyons, Colorado, 80540. Borrower owes Lender the principal sum of Ten Dollars (U.S. $10.00). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), due and payable upon sale or transfer of property described below. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 5 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower,