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Words used in multiple sections of this document are defined below and other words are defined
<br />in Sections 3, 11, 13, 18, 20 and 21. Certain rules regarding the usage of words used in this
<br />document are also provided in Section 16.
<br />(A) "Security Instrument" means this document, which is dated September 28, 2004, together
<br />with all Riders to this document.
<br />(B) "Borrower" is 9973 WEST BOWLES, LLLP, a Colorado limited liability limited
<br />partnership. Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is TIMOTHY M. PETERSON FAMILY TRUST, Lawrence E. Castle, Trustee.
<br />Lender is a TRUST organized and existing under the laws of COLORADO. Lender's address is
<br />999 18t" Street, Suite 2201, Denver, CO 80202. Lender is the beneficiary under this Security
<br />Instrument.
<br />(D) "Trustee" is FIRST AMERICAN INSURANCE TITLE COMPANY.
<br />(E) "Note" means the promissory note signed by Borrower and dated September 28, 2004. The
<br />Note states that Borrower owes Lender ONE HUNDRED FIFTY THOUSAND Dollars (U.S.
<br />$150,000) plus interest. Borrower has promised to pay this debt as follows:
<br />The entire principal balance, together with all accrued and unpaid interest, due and payable on
<br />September 28, 2005.
<br />(F) "Property" means the property that is described below under heading "Transfer of Rights in
<br />the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and
<br />late charges due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "Applicable Law" means all controlling applicable federal, state and local statutes,
<br />regulations, ordinances and administrative rules and orders (that have the effect of law) as well
<br />as all applicable final, non - appealable judicial opinions.
<br />(I) "Electronic Funds Transfer" means any transfer of funds, other than transaction originated
<br />by check, draft, or similar paper instrument, which is initiated through an electronic terminal,
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<br />DEFINITIONS
<br />Words used in multiple sections of this document are defined below and other words are defined
<br />in Sections 3, 11, 13, 18, 20 and 21. Certain rules regarding the usage of words used in this
<br />document are also provided in Section 16.
<br />(A) "Security Instrument" means this document, which is dated September 28, 2004, together
<br />with all Riders to this document.
<br />(B) "Borrower" is 9973 WEST BOWLES, LLLP, a Colorado limited liability limited
<br />partnership. Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is TIMOTHY M. PETERSON FAMILY TRUST, Lawrence E. Castle, Trustee.
<br />Lender is a TRUST organized and existing under the laws of COLORADO. Lender's address is
<br />999 18t" Street, Suite 2201, Denver, CO 80202. Lender is the beneficiary under this Security
<br />Instrument.
<br />(D) "Trustee" is FIRST AMERICAN INSURANCE TITLE COMPANY.
<br />(E) "Note" means the promissory note signed by Borrower and dated September 28, 2004. The
<br />Note states that Borrower owes Lender ONE HUNDRED FIFTY THOUSAND Dollars (U.S.
<br />$150,000) plus interest. Borrower has promised to pay this debt as follows:
<br />The entire principal balance, together with all accrued and unpaid interest, due and payable on
<br />September 28, 2005.
<br />(F) "Property" means the property that is described below under heading "Transfer of Rights in
<br />the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and
<br />late charges due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "Applicable Law" means all controlling applicable federal, state and local statutes,
<br />regulations, ordinances and administrative rules and orders (that have the effect of law) as well
<br />as all applicable final, non - appealable judicial opinions.
<br />(I) "Electronic Funds Transfer" means any transfer of funds, other than transaction originated
<br />by check, draft, or similar paper instrument, which is initiated through an electronic terminal,
<br />
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