The Ordway new era., 1916-02-25
ro4ass = rsbals rs.ysss's -

C0Tt4t0 OCO0 u AIW1Ss OoSVo OSs~~~~
-. 1911 and recorded on November
2s. 1911. in Book 3. st page 81. OF
the records, in the once Of the Clerk
and Recorder of Crowley County.
State Of Colorado. convey to the Pub
lie Trustee in said County the follow
ing described real estate. situate In
said Crowley County, State Of Colo
RADIO, to-wit: The North Half (Nh)
OF the Southeast Quarter tsEA of
Section Twenty-six t26). Township
ITwenty-one CID s.. Range Fifty-sev-
en- $50 W.. together with SO-acre
water-right numbered 223 in the
Colorado Canal; also. supplemental
Water-right in Twin Lakes Reser-
voir. evidenced by Certificate No. sos
OF The Twin Lakes Reservoir COM
pany, for sixty (60) shares OF stock;
and further supplemental Water
right in Lake Meredith Reservoir,
evidenced by Certificate No. 121, OF
The Lake Meredith Reservoir COM
pany, for eighty (SO) shares of stock;
al luS dNthNhih6 ~ sAS
above described land; and which con-
veyance was made and the said deed
of trust given expressly subject to
first deed of trust of even date there
with. given by said c. E. Skinner, as
mortgagor, to secure the payment OF
his one note of Forty-four hundred
Dollars (440O.00). due in five (5)
years after date, with interest; all as
in said first deed of trust described.
which said second Deed of Trust was
made to secure the payment of his
four (4) Promissory notes bearing
even date with said Deed Of Trust,
for the principal sum of Nine Hun
.dred (9O0.00) Dollars each, one note
falling due October 23. in each Of the
years 1912, 1913, 1914 and 1915,
payable to the order of The Twin
Lakes Land and Water Company.
with interest thereon at Seven CO
per cent, per annum from the date
thereof until paid. interest payable
ANNUALLY. and said notes to bear eight
if not paid when due; and
Whereas, 1t is provided in said
Deed of Trust, inter ALA. that, in case
of default in the payment of said
notes, or any of them, or any part
thereof, or in payment of the interest
thereon. according to the tenor and
effect of said notes, or any of them, or
in case default shall be made in, OF in
case of the violation or breach Of,
any of the terms. conditions, cove
nants or agreements therein contain
ed, then, upon notice and demand in
writing filed with the said Public
Trustee by the beneficiary thereun-
der or the legal holder of the indebt-
edness secured thereby, that such
beneficiary or legal holder has de-
clared violation of any of the cove
nants therein contained, and has
elected to advertise said premises for
sale. and demands such sale. it shall
and may be lawful for said Public
Trustee to sell and dispose of the
and interest of said C. E. Skinner,
his heirs or assigns, therein, at public
auction, for the highest and best
price the same will bring in cash,
four weeks public notice having been
previously given of the time and place
of such sale, by advertisement, week
ly, in some newspaper of general cir
culation at that time published in
said County of Crowley, and
Whereas, Default has been made in
the payment of the two notes secur-
ed by said Deed of Trust, for the prin-
cipal sum of Nine Hundred Dollars
(s900.0O) each, cne of which notes
fell due October 23, 1914, and the
other October 23, 1915, with interest
on both said notes from March G.,
1914, at Z per cent per annum until
due, and at per cent per annum af-
ter maturity; and
Whereas, The principal of said
notes still remain due and unpaid, to-
gether with interest thereon from the
9th day of March 1914, at seven 90
per cent per year; and, at eight (8)
per cent after maturity of said notes,
respectively; and
Whereas, The Twin Lakes Land G
Water Company, the legal holder of
said notes, the beneficiary under said
Deed of Trust and the legal holder of
said notes, has, in writing. notified
me Of the above mentioned default,
and declared violation Of the cove
nants OF said Deed Of Trust, in that