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Home My WebLink AboutLand Use Case.HP.401 E Cooper Ave.HPC27-92r- ~- 2737-182-21-002 HPC27-92 Â«Â£94 - 97 rÂ« 4\1619% lim;;~ CASELOAD SUMMARY SHEET City of Aspen Historic Preservation Committee DATE RECEIVED: 05/15/92 CASE NUMBER: HPC27-92 DATE COMPLETE: PARCEL ID: 2737-182-21-002 PROJECT NAME: 401 East Cooper; Pitkin County Dry Goods Project Address: 401 East Cooper; Lots A. B. & C, Block 90 APPLICANT: Pitkin County Drv Goods Applicant Address: 401 East Cooper, Aspen. CO 81611 REPRESENTATIVE: Bill Poss and Associates Representative Address/Phone: 605 East Main Street Aspen, CO 81611 925-4755 TYPE OF APPLICATION: 1 STEP: 2 STEP: 3 STEP: Description Minor Development; $100 HPC Meeting Dates: P&Z Meeting Date: Ce Meeting Date: Historic Preservation Officer: Insubstantial Amendment or Exemption: Date: REFERRALS: Planning Building Zoning City Engineer Parks Dept. City Attorney DATE REFERRED: INITIALS: FINAL ROUTING: DATE ROUTED: INITIAL: City Atty City Clerks Office Other: FILE STATUS AND LOCATION: COMMENTS: 4â‚¬ - 4.. .. I ~and associatesy 2 605 EAST MAIN STREET ASPEN, COLORADO 81611 TELEPHONE 303/925-4755 FACSIMILE 303/920-2950 May 15, 1992 Roxanne Eflin Historic Preservation Officer Aspen Historic Preservation Committee 130 South Galena Aspen, Colorado 81611 Dear Roxanne: Enclosed please find our Application Package for 401 East Cooper regarding a Minor Historic Development. As we discussed last week, the package would be submitted by May 15th in order to make the May 27th meeting agenda. If there ars any questions~arding this submittal, please feel free to contact me. Sincerely, -7 / ,/ 1 Les Rofnst~ Project N :r Enclosure LI '-4 4'P' . -2* . *- ..47 2 J 1- f ,..7 ,Â·W:r0Â£Â· Â·'Â·J~. -Â·-t. Â· C MEMORANDUM To: Aspen Historic Preservation Committee From: Roxanne Eflin, Historic Preservation Officer~-Q- Re: Minor Development: 401 E. Cooper (Pitkin County Dry Goods) Date: May 27, 1992 APPLICANT' S REQUEST: Minor Development approval for the storefront renovation. APPLICANT: Pitkin County Dry Goods, represented by Bill Poss and Associates. ZONING: "CC" Commercial Core, "H" Historic Overlay District PROBLEM DISCUSSION: Staff has determined that the proposal is a Minor Development review by the HPC, as stated in Section 7- 601(E)(2)(d). We find that the proposed exterior changes are minor in their effect on the character of the existing structure. 1. Standard: The proposed development is compatible in character with designated historic structures located on the parcel and with development on adjacent parcels when the subject site is in an H, Historic Overlay district or is adjacent to a Historic Landmark... Response: Staff finds that the proposal meets the standard. The storefront and new entry doors are designed to match the existing. Their proportions meet the Design Guidelines for the Commercial Core Historic District and are compatible with the structure. HPC comments: 2. Standard: The proposed development reflects and is consistent with the character of the neighborhood of the parcel proposed for development. Response: We find that the proposal meets this standard. HPC comments: 3. Standard: The proposed development enhances or does not detract from the cultural value of designated historic structure located on the parcel proposed for development or adjacent parcels. Response: No historic landmarks are located on this or adjacent parcels. We find this standard has been met. HPC comments: 4. Standard: The proposed development enhances or does not diminish or detract from the architectural integrity of a designated historic structure or part thereof. Response: This structure is not a designated landmark, and we find that the standard has been met. The proportions and overall design of the renovated storefront are architecturally compatible with the building. HPC comments: ALTERNATIVES: The HPC may consider the following alternatives: 1. Approve the Minor Development application as submitted 2. Approve the Minor Development application with specific conditions of the HPC, to be approved by staff and the project monitor prior to the issuance of a building permit. 3. Table action to allow the applicant further time for restudy (specific recommendations should be offered). 4. Deny Minor Development approval finding that the application does not meet the development review standards. RECOMMENDATION: The Planning Office recommends that the HPC approve the Minor Development approval for the proposal at 401 E. Cooper, finding that the Development Review Standards have been met. We recommend that a Project Monitor be assigned to this project at this meeting. memo.hpc.401ec.md 2 1,10 p .and associates . 605 EAST MAIN STREET ASPEN, COLORADO 81611 TELEPHONE 303/925-4755 FACSIMILE 303/920-2950 May 15, 1992 Roxanne Eflin Historic Preservation Officer Aspen Historic Preservation Committee 130 South Galena Aspen, Colorado 81611 Dear Roxanne: The following is in response to Attachment 2 of the Minor Historic Development Application Package. 1. See attached letter 2. Legal description: 401 East Cooper Aspen, Colorado 3. See attached Memorandum of Ownership 4. See attached Vicinity Map 5. Insomuch as the corner property fronts on two adjacent mails, this proposal intends to clip the corner of the structure and to add a door to the exterior. This proposed addition reflects the historic nature of the clipped corner and is consistent with the character of the neighborhood. The materials to be used are consistent with the existing materials and the existing overhang will remain unchanged. If there is any additional information you require, please contact me. Sir ~Ees Rosenstein Project Manager Enclosures I - -4 7 ./ ap- , -IM ...7 11:r -9 - I : /9 - 7 - 4 *,0- 7 23-4..4 w N M Id 1 1' . 1 . 1 0 1.. f... GOLDEN ASPEN RED MOUNTAIN Â· ' 1 - HORN SPORTS ONION PLAZA 4 1 4- . n= --1 - 1 1 LE- . . / i : I1BtRtl11IlllI'lR/ll COOPER STREET MALL :,tia,â€¢,â€¢t,â€ž:,i:,1 6" water â€žbuvt'11,1,1,11,1,1,1,8.,01""11 ---1 .\ 1 I. 1. 4, . I WAGNER b j P e .. -9 . / e PARK 6 . G co RACHAEL GUIDO'S - - 1 ' ' COLLECTION SWISS ~ Â·~ 401 E I~~c'OANRDKOQ-ACUEM INN 1 1 69 . I I .4 . .. 1 . -3 0 . .. 1 -..I- -*. - ... .. .1.Il.-* .--Il .. . .phone gas t.v, elec. ALLEY 1 , . r Â· .. 11-1 HO RTH LU PARKING AREA 11. .. . m - 40 ..1 1 1 Cio Â· 11 il 1- .--1 B Eg 1-111 f 1#1 0 3 .Ol 113 1 1 Eli I < 1 ,h DURANT AVENUE BUS STATION 1 , -- ~ and.15SOCiJtes ' - , .....1............... 4 133819*VN ATTACHMENT 1 LAND USE APPLICATION FORM 1) Project Name Pitkin County Drv Goods 2) Project Location 401 East Cooper 3) Present Zoning C-C 4) Lot Size 3,582 s.f. 5) Applicants:s Name, Address & Phone # Donald Fleisher, The Fleisher Co. (303)925-2122 200 E Main Street. Aspen, CO 81611 6) Representativels Name, Address & Phone # Donald Fleisher, The Fleisher Co. (303)925-2122 200 E Main Street, Aspen, CO 81611 7) Type of Application (please check all that apply): Conditional Use Conceptual SPA Conceptual Historic Dev. Special Review Final SPA Final Historic Development 8040 Greenline _ Conceptual PUD X_ Minor Historic Development Stream Margin _ Final PUD - Historic Designation Mountain View Plan - Subdivision GMQS Allotment Condominiumization Text/Map Amendment GMQS Exemption Lot Split/Lot Line Adjustment 8) Description of Existing Uses (number and type of existing structures; approximate sq ft; number of bedrooms; any previous approvals granted to the property). Single Structure of approximately 3,233 square feet (F.A.R.) First Floor: Retail Space 9) Description of Development Application Modify Northwest Corner to add an Exterior Door 10) Have you attached the following? X Response to Attachment 2, Minimum Submission Contents Response to Attachment 3, Specific Submission Contents Response to Attachment 4, Review Standards for your Application ;RÂ·%:MJ:*.2.UP,M#8+AÂ· 4,4Â·, Â·:.iÂ·:D .:19! Â· . :i: .iÂ· SUPPLEMENT TO HISTORIC PRESERVATION DEVELOPMENT APPLICATIONS IMPORTANT Three sets of clear, fully labeled drawings must be submitted in a format no larger than 1 1"x 17", OR one dozen sets of blueprints may be submitted in lieu of the 11"x 17" format. APPUCANT: Donald Fleisher, The Fleisher Co. ADDRESS: 200 E. Main St., Asnen, CO 81611 ZONE DISTRICT: CC LOT SIZE (SQUARE FEET): 3,582 s.f. EXISTING FAR: 3,234 ALLOWABLE FAR: 4,851 PROPOSED FAR: 3,234 No Chanae EXISTING NET LEASABLE (commer.): N/A PROPOSED NET LEASABLE (commer.): Decreased bv 40 s.f. EXISTING % OF SITE COVERAGE: N /A PROPOSED % OF SITE COVERAGE: N/A EXISTING % OF OPEN SPACE (commer.): No Change . PROPOSED % OF OPEN SPACE (commer.): No Chanae EXISTING MAXIMUM HEIGHT: Principal Blda: 20 ft /Accessory Blda: PROPOSED MAXIMUM HEIGHT: Principal Blda: /Accessorv BIda: PROPOSED % OF DEMOLITION: 0 EXISTING NUMBER OF BEDROOMS: N/A PROPOSED NUMBER OF BEDROOMS: N/A EXISTING ON-SITE PARKING SPACES: No Chance N-SITE PARKING SPACES REQUIRED: No Change SETBACKS: EXISTING: ALLOWABLE: PROPOSED: Front: O Front: none Front: no chanae Rear: O Rear: none Rear: no change Side: O Side: none Side: no chanae Combined Combined Combined Frt/RE O Frnt/Rr: Frnt/Rr:- EXISTING NON-CONFORMITIES/ , 4 ENCROACHMENTS: VARIATIONS REQUESTED (eligible for Landmarks Onlv:character compatiljility finding must be made bv HPC): FAR: Minimum Distance Between Bldgs.: SETBACKS: Front: Parking Spaces: Reac Open Space (Commercial): Comb. Frt/Rr: Site coverage (Cottage Infill Only): May 13, 1992 To Whom It May Concern: We hereby authorize Bill Poss and Associates, 605 East Main Street, Aspen, Colorado, 81611, phone (303) 925-4755, to represent us and to act on our behalf regarding historic designation, design and construction permits on our property located at 401 East Cooper, Aspen, Colorado. Sincerely, David Fleisher Vice President Pitkin County Dry Goods 401 East Cooper Aspen, CO 81611 AMâ‚¬IBe502Mt.Â§*~181?:'i! : 2: Ii .:- -- ~ CommonwealthÂ® Land Title Insurance Company MEMORANDUM OF OWNERSHIP-ACCOMMODATION NO LIABILITY FOR THE SOLE USE OF: PLEASE DIRECT CORRESPONDENCE TO: PITKIN COUNTY TITLE, INC. OATES, HUGHES & KNEZEVICH ATTN: VINCENT J. HIGENS 533 E. HOPKINS 601 E. HOPKINS AVE. ASPEN, CO. 81611 ASPEN, COLORADO 81611 ATTN: LENNY OATES (303) 925-1766 FAX (303) 925-6527 DESCRIPTION: Part of Lots A, B, and C, Block 90, City and Townsite of Aspen, being more fully described as follows: Beginning at the Northwesterly corner of said Lot A; thence S 75[09'11" E 60.72 feet along the Northerly boundary line of said lot to the point of intersection with the Northerly extension of the Easterly wall of the existing building; thence 3 14[47'00" W 58.96 feet along said wall and extension thereof; thence N 75[09'11" W 60.79 feet to the point of intersection with the Westerly boundary line of said Lot A; thence N 14[50'49" E 58.96 feet along said Westerly boundary line to the point of beginning, excepting therefrom that portion known as Park Place Condominiums. Nothwithstanding the foregoing, Condomnium Unit 102, Park Place (A Condominium), according to the Condominium Map thereof recorded in Plat Book 13 at Page 75, and the First Supplement to the Condominium Map for Park Place, A Condominium, appearing in Plit Book 15 at Page 38, and as defined and described in the Condominium Declaration for Park Place, A Condominium, recorded April 3: 1982 in Book 430 at Page 401. COUNTY OF PITKIN, STATE OF COLORADO. GRANTEE IN THE LAST INSTRUMENT APPARENTLY TRANSFERRING OWNERSHIP: DAVID M. FLEISHER AND DONALD J. FLEISHER TRUST DEEDS AND MORTGAGES APPARENTLY UNRELEASED: DEED OF TRUST ---------- BOOK 533 AT PAGE 479 DEED OF TRUST ---------- BOOK 438 AT PAGE 55, RE-REC BOOK 444 AT PAGE 924 DEED OF TRUST ---------- BOOK 438 AT PAGE 894 DEED OF TRUST ---------- BOOK 661 AT PAGE 374 LIENS AND JUDGEMENTS (AGAINST LAST GRANTEE) APPARENTLY UNRELEASED: NONE 34Â· *.. 0 . ......1 ..4 7 ... .- 02 -: .......~=21/ .- IL=ru,1 - .---/ , , ' 1, I7 CommonwealthÂ® Land Title Insurance Company THIS INFORMATION IS FOR YOUR SOLE USE AND BENEFIT AND IS FURNISHED AS AN ACCOMMODATION. THE INFORMATION HAS BEEN TAKEN FROM OUR TRACT INDICES, WITHOUT REFERENCE TO, OR EXAMINATION OF, INSTRUMENTS WHICH PURPORTS TO AFFECT THE REAL PROPERTY. THE INFORMATION IS NEITHER GUARANTEED NOR CERTIFIED, AND IS NOT AN ABSTRACT OF TITLE, OPINION OF TITLE, NOR A GUARANTY OF TITLE, AND OUR LIABILITY IS LIMITED TO THE AMOUNT OF THE FEES. CERTIFIED TO: APRIL 1, 1992 @ 8:30 A.M. PITKIN COUNTY TITLE, INC. ay. I' 'Dat#4~-_ \ .,4. = 73: / : I ;I.'- :ni. IS...~~ 2(3*f.~ .2/./.-tr-:-~ 2. .. h~-5-Â·- -n " -L: '- '1 2 .*'Ir:: +- Â·.f ipÂ·ae..:_.::.; 4. 6 : - .. . Recorded itt - n'clock - M Receptitin No .'.6.1. - E...* 4 Rei'*c u 527 'PAGEâ‚¬38 f,@f *j] 1 i Â·4Â· .11*1 WARRANTY DEED 46 284906 4 ' THIS DEED, M.lde this 31st day of December . 19 86 . ..2 ll MA betuten SCOTT INVESTCO, a Partnership fk.- ..EN.9 - 1 39 ... LORETTA BANNER 1 .li*.% go}226 . PITKIN CTY. RECORDER Â»31 0 44-It*,1- . NÂ¢nle â€¢F,{20,6.pfde. grantorco und ->- .--~ --I.7 Dic 31 3 46 PH '86 .a-,-1 A*..' 6 -' -DIJ DONALD J. FLEISHER and DAVID FLEISHER . 'res F- di \7 -1,/271 11. who:e legal addre. 8 401 East Cooper, Aspen, Colorado 81611 - ~ i 25 0 16,1 34 , 1540 5.2.1 K â‚¬ of the Counly of Pitkin , State of Glorado. granteete: Â· *:1 /22/. i WITNESSETH. That the grantor*). for and in consideration of the sum of TEN DOLLARS ($10.00) AND OTHER *.0.1 St..1 GOOD AND VALUABLE CONSIDERATION nn, 1 ARS. t. t.4 the receipt and w fficiency of which i, hereby acknowledged. his granted. bargained. soldander,nve>ed. andbythesepre,entsdo eS grant. 1 Ir 4i4 bargain, sell, convey. and confirm. unto the granteeN, their heirs ami axsigns forever. all the real pmperty. together with improvements. Pitkin Â·,- 3/ i f any. situate. lying and being in the County of . State of Colorado. .. described as follows: un..8 0.5 Description attached hereto as Exhibit "A" 9.'SÂ· together with any and all rights of the grantor, without limitation, under that < certain Sale and I,ease Agreement dated October 20, 1975- between Bayly Corp, St.' Aspen Leaf of Colorado, Inc., and Harris Masterson ard Carroll S. Masterson r:< regarding the property which ig the subject hereof. also known by street and numbers 401 East rooper, Aspen, Colorado 81611 .t TOGETHER with all and <ingular the hereditaments and appurtenances :hereto belinging. or in anywise :ippertaining. and the reverNion and 1 grantorfs). either M law or equity. of. in and m the above bargained premi*c,. with the heredkament< and :irpurtenances. W TO HAVE ANC TO HOLD the wid premises :ibove bargained and de.criled with the appurterlancel unto the granteeÂ». their heirs and t. assigÂ·1. furever. And the grontorÂ®. for it .elf, its hem and pervina, representative., do covenant. grant. bargain. and agree to :'nd with the graine:(,), theirheir:, and .Aigns. that .u the lin,e o f the erhealing md d:liveryâ€žf the+e pre.enth. it is well seized of the premises al ove conve>Â·ed. ha ve good. wre. perfect, .thwlute .,nd indefei,*ible e.tate 01 inheritancÂ·c. in law. in fee simple. and ~ ha ve yood right. fu:? powerand authority to grant. bargain. sell and conve>Â· the .ame in manner and form :19 afere:aid. and that the same are free and clear from all Former and Â·ither grants. burgains. cale,4. !ienÂ·;. tiueN. as,eâ€¢.%ment'. encumbrance*. und re,Â·trictions of whate;er kind or nature server. ~ 1 C except, real property taxes for 1986, payable in 1987, AND SUBJECT TO reservations i provisions set forth in instrument recorded in Book 176 at Page 277; and terms, conditions and obligations recorded in Book 295 at Page 515; and reservations , 1- and exceptions in instruments recorded in Book 59 at page 75, in Book 59 at ~ page 122, and in Book 59 at page 231. The grantorx),hall and will WARRANT AND FOREVER DEFENDthe above-hargainedpremise~ inthe quietand peaceable possession of the granteefs). their his heirs and mignh. against all and every person or persons lawfully claiming the whole orany part thereof. IN WITNESS WHEREOF. the grantor (30 ha S execued thi~ deed on the date vt firth ah(,ve. 1 f 5 Â· ,'Â·, 1. ; C LJ Ul,U lUCi. 1 SCOTT INVESTCO . 86444*461 1 , reversions. rem:linder and remainders. rents. i.sues and prtilits thereof. and all the e#tate. right. title. int:rew. claim ind demand whatsoever of the C i I @C 3 I l[)86 1 By.:Ru~Rell Sco*. Jr. 0 L .' 1 - 9 Ill .3 ( , Ecm \k 5.. li:i Bl,1 , uâ€¢,AA, ,(il,/.*AU, 5,~Ul,- 0.4 lv, vvE ' vY.--TY,9 Mae Hugr Scotto ' STATE OF COLORADO ~ 31 Â· IN. County Cir P itkin -2. The foregoing instrument *ris acknowledged before me this day or December Cr. 86 . ~ hy Russell Scott, Jr. and Mary Hugh Sectt, as partners of SCOTT INVESTCO, a partnership. ~ + My commi#.ion expires ..t'.,1,1,11.",",I' Witnew: my hand and official ~cal. de B2 M /07 04 )90 1-41.5,".3 .Â·'tÂ·Â· Â·.1 '..tiÂ·- Â·....' 4Â·.7.Â·Â·. 'RI!#il':Fl{Â·4111*.d. Â· -I. , b JaK,- -IGVO/*Stj<Kijaiâ€ž),e+- :,4..9 f 2.3 . Â·7& ; ...2 - 4 Boor D Â·/ i:,GFÂ·.r.*j 27 ,Â¥71 EEIBIT "A" i - 2. Corering the La:id in the State of Colorado, County of Pi:kin Described as : : v s A#h 1 Parcel A. .4 All that portion of Lots lettered A, 3, and C in Block 90 in and to the City and Townsite of Aspen, described as follows: 9- i Commencing at une Nor hwesterly corner-of said Block 90; thence Â·Â· - - 3 Sousherly along the Westerly line of said Block_901 58 feet 11* iine of said 4 inches; thence Easter=y varallel to the ixo. U..-- -J p , parallel to Block 90, 41 fee: 4 inches; .thence w U./W.A-- -j ...... 4 Westerly line of said-Block 00, 2- feet; thence 7=-68--9 ----1141 .CA' c.-- line of'-said Block 90, 21 feet 24 incher thence , Northerly, parallel to the Westerly line of said Block 90, 60 feet 11% inches; chance Westerly. along the Northerly 1lne of aaid Block 90, 62 feet 6} inches to the Point of Beginning. 77'Yn-rim-:-- m -*4--- -1 1:1LXZ,22. cri, that portion of 30-ock numbered 90 described as follows: - -C- the Vc-zhwesterly corner of said Block 90; thence Souzh 14~=561 ; 4%"-west- 53:96 feet to the Point of Begin- -ing; 2- thence South 75 09; 11" East 61.34 feet; thence North 14 50' 494 East 25.6.2 feez; thence South 750 09' 11" East 1.3 feet; thence Sputh 14' 50' 49" West 27.88 feet; thence North 759 09' 117 West i... 21.21 feet, thence North 140 50' 49" East 2.00 feet; thence North 750 09' 11" West.41.33 feit; thence North*14' 50' 49" East .46:feet 2 4 th -1,0 On-â€ž- of Beginning. 0 .' #- A I ....â€¢lu t//A. Parce; 0. 9 - That portion of Block 90 City and Townsite of Aspen described as ~~ follows: 2 j t~ \ Co:rnencin- fron ine Nor:nwesterly corner cf said Block 90; thence s.-"Â·4 750=09, 11" East 62.54 feet â‚¬Â© the Point of Beginning; -' Vul. â€¢ b thence South '759 09' li" East 4.6 f@qt; thence South 140 50' 49" West 33.93 feet;.ihence North 750 091.11" West 4.6 feet; thence North 14 50' 49" East 33Â·08 feet to ehe Point of Beginning. 1 X 1 . F.. 1 - 1 1 4 1Â·â€¢,rin X.. 8-:42= ' \ ..4 , I - : 164,)212:1 8 I . Â·. . 3.'W A-: :.Iâ€¢ . - , .. 1-/V-- M--maa:;U Pr~.t.1~4~/â€¢1,114'LLLâ€¢Â·,4â€ž.__. . . 1.94.fr*-:;VT, w... 4 r . / -a.4/.Ah" r - . , - *31'074?La~$.P.'A.'*40"Bill"li- i.. t 4;K . Â·,17 Â· Rect,rded / .,1|0Â· k \1 Bool< 533 FACE q ,9 1. - Â· ikerriâ€¢,0 Nâ€ž. 12,Â·,Â·.,r, 1.Â·r 1 -_77_1 2--Igi .F.::., . DEED OF TRUST 287707 i~ .4- THIS INDEN-n RE. M.ide Ihn I st .i.n â€ži April . 14 87 . be/Ne:n ./ I. 47- DONALD J. FLEISHER and DAVID FLEISHER, a/k/a DAVID M. FLEISHER ..4. SILVIA DAVIS ~ 1. 'Ar.:, whii.: addr:. 1. 401 East Cooper Ave., Aspen, CO 81611 1 filiwy. rENÂ·:':Â·: 072 ':TY CLERK " 1*.94 1- he:in.itter Al:ind to .1. gr.tut,r..ind 11:e IN,hlic fri.kÂ·,Â· 41 the Â·Count> /1 , WaÂ·t'. Pitkin XI.,1,Â· 4 Câ€¢''â€¢Â·r.12â€¢,. here in.:fter i Â·1,Â·inÂ·J ti,.1, Itiblic Trthtee. WITNEs,F.TH. Til:,r. WHEREAS. DONALD J. FLEISHER and DAVID APR 14 Il 24 AM '81 FLEISHER a/k/a DAVID M. FLEISHER - h.,4 erecuied j rn,in:w,n nÂ·,te tir nitÂ·.. herein.mer ret,Â·ned h, in ihe wilar. bled Apr il 1, 1987 . forthe i principal .um .f SEVEN HUNDRED THOUSAND & :,0/100 ($700.000.00)-------th"lun. pehle tâ€¢,theâ€¢,rderof ; i RICHARD R. WOODS -h,- uddrr- i. 314 S. Mill Street, Aspen, Colorado 81611 ; Kier th: 41.itÂ· hereâ€¢.1. â€ž,th Irtere/ thero,n in,m the J.,te thenÂ·tif at the r.,te .4 10.5 BA.Â·nt per unnum. p.,).,ble in equal Monthly installments of $6,403.00 each, commencing payable on May 1, 1987 and on the 1st day of each and every month thereafter to and including March 1, 1994, and the entire remaining unpaid ; principal balance, together with accrued unpaid interest shall be due and payable on April 1, 1994.* AND WHEREAS . The y ranti,r i# de#, r.,u. â€žf riÂ·unint. p.â€ž ment,it th e prinop:Â·.1.in,1 Inler,Â·.1,4 ,.,1,1 pr,imi.. r) r.,1 e in â€ž hâ€¢,2 ha,J...41. r the..id nuw tr in, 01 them nw he. NOW, THI.RITORIE. The /runtâ€žr. m â€ž,r.,Jer:Itti,i, al the pnÂ·nu.evinl hir 111/ purp,i,c .,Ii,re..,id. 41,0 1,/rebi er:ini. hargain. .ell :ind Iciniey f uncti the ..,id Puliti. Tru.leÂ· in ru,1 4â€¢reÂ·,er. 11:e t.illt., ing tle..ribe,1 rn,tr,t>. .11â€ž.,te In the 0,unt> Af f Pitkin . S!./.Â· 14 ('t'| r:d,i. 1, i . il: I SEE EXHIBIT "A" ATTACHED HERETO AND INCORPORA -D HEREIN BY THIS REFERENCE *So long as the promissory note hereby secured, shall not be in default on April ~ ~ 1, 1994, the maker may upon making a $30,000.00 Qrincipal reduction on that E) date extend the maturity thereof for one (1) additional year. During the extended term, interest shall accrue hereon at 315 percent over the 1 year Treasury Bill rate on April 1, 1994, and the monthly payments commencing May 1, 1994, shall be interest only. Likewise, if the promissory note shall not be in ts default on April 1, 1995, the makers may extend maturity for yet another , . P- year on the same terms and conditions as the first extension upon the making ~ of another $30,000.00 principal reduction at that time. .,1.,kilinâ€¢n h) .reet.ind number- 401 East Cooper Ave., Aspen, Colorado TO HAVEAND TO !1(11-1)ihe -ne. t.'.etheruilli.,11:indâ€¢ingul.irilie prn,le.Â·e~ .,id .q.purtenance. Ihereen,t, f~Â·1â€žnying: In TruI ne,erth,Â·le#*. ihi,t in e.,â€¢e â€¢,t defauIt in the pa> men! 4,1 ..1,J n.,1 e ,â€¢r ain nt them. 1,1 an, r.,rt 111. re#,1. i,r in the pil> ment *,1 ihe iniere.1 111.:re n. 144 irdine 1,1 11 1 k nt,rand ette,Â®f viint,le oran> â€ž1 them.,irin the p.n ment t,! aln prinren.unbranm, pri,h-,pal â€¢,rinkÂ·re/. il /m. or in i.-Â· 1Â·1.,ult .h.,11 A ntade in er ~ngent i iâ€¢,1.,t/,n iâ€¢r hrr:,ch & anyÂ· tâ€¢1 ihe terniâ€¢. ctind,!iâ€žn,. <,inwrantâ€¢ t,r ,tereementâ€¢ herein itiltaincd. the hent:A wn liereunder Ar Ine leeal h, ilder nt the indet,tedn,Â» ~ un,111/re,> inJ>Â· dedm :i ~ 'NJU,4'1 1,t Jn> iii itie c.â€ženarl. hefell, ct,nt.,ined and eled hi .,J,artiÂ·e ~.itit prâ€žB rt, 1.,r de :ind demand *uch Ue. then. * urv in Illing n i ice â€¢,f .,leti el.xilin .Ind denu . J tiv wile u 1111 tlte l'uhlic I'ru,te/ . u li., â€¢h.,11 upon nx/irt m *u,Â·11 iii,tic./ 01 ele,Â·tior, and dentand ft,r,al/ eauk J /â€žpv 4,1 01/ â€¢ame tâ€ž 14. nxâ€žrdedJ in th/ nx,irder'. t 1 1 1. : 4 1 111 e 6,â€žin > in w h iÂ·h *aid real â„¢., 1/ 1, *,twile J. 11 *h /11 Und 1161>' tr I.:a l u l 1.,r I he Pul, 11/ Tru, te e 10 +111.,nd diÂ»N, â€ž f the vme fer, rt.,~e â€žr in * p.ir:lie 7:lic, 14. a, Ille w Ptibli.Â· Tru Ix â€žÂ·.i> think he,1 1. Jnd :111 tlie right t, 1/ and Int,Â»t â€ž1 the Wr,intur. hi, hein â€¢ir a.,grn therein. .,1 public .,ut-litin .,1 :"e South :hâ€¢Â·1 d.â€¢ir â€ž1 the C.,urt 11, u:. in thÂ¢ C.â€¢unt> 1 Pitkin . Stale If C.,1.iriltâ€¢. t,r â€¢,n uâ€¢1 rre,ilir'. .,r.ir' part t|wret,i .1. m.,> tr *peettled in the ni,tlee tit gid â€¢Jle. t.,r the hithe,1 und hew price the gme .ill bring in :a.h. fuur u:el, puhlle nâ€¢,!i,Â·e h/Ine h.een pre, Ii,u.I> gâ€ž:n i,I ihe lime .,nd p|Jce I,I .ULÂ·li ule. 1,> .,dier!,4,1,ent. .eell>. tn M,rlle nc# +purer .it gener,,1 circulatitin .,t thal lime puht i#hed in g,J (7â€žunt> â€žt Pitkin . , .Â·up>Â· .4 w h i,Â·h n.,lic e #11,11 N: rui led w :thin ten Ja>, trum the date m the I,rÂ·Â·t pt,hlle.lilon Ilierâ€ž,1 14, Ihe grantâ€žr .it th. ad.treÂ» lierein /,wn .ind la ,uch B non .,r Irrâ€¢,nâ€¢ .,ptÂ·~:aring tti hi,e aequi /d a *u h*equent ree,11 in,er,1 in vid n J ew:,1/ / the :111~Ix. enen in i lie reetifiled in*trument: i, here iin I> the .:tâ€¢tinty un d 4/1/ r. men 2, the .,dd re. then *u/ h mill, e .hil he m:â€žled Ii i 11â€¢/ c, iun l> 4 2,1. 4,ld t,i make :,nd g n e i i i i he purch:N:r tir rurchain â€ž1 .uch rn,râ€¢ rly :21 we h v ie . a cert i li/ate or:er!,licate. in . riting deÂ·u,hire .tich pn.m,rl. pur. h.,~et.. .ind the win or wmÂ· p.lid the/tor, and tb, Iime u hen the pu/1,4- r iâ€¢ purch.-rwor other rew,n entit led therett,) *hu lt h encit le d t, â€¢ .1 deed or deed, t here l.ir. unle. i he vme ,hall he redamâ€žÂ·d # 14 linâ€¢% 141/d by lau : and vid Puhlk Truver *hall . up,in demand by the Irrw,n or perv m, hâ€¢,1.1,ng the *:ild ceâ€ž,11,Â·.,te ,â€¢r â€žÂ·nitical/* i,1 purehaw. when vid demand i, mate. 19 up.,n demand by the p.:nt,n ent,11/d iti J deed tii .ind Inr IhÂ¢ pr 'trmÂ· purel .,zd. .,1 1 he 1,1,1, *u,Â·11 dem.ind ,~ mide. the !,me 1â€¢â€¢r redemptiâ€žn having er pi/d . inake and /inute m *u, h renâ€¢in ur reâ„¢in* a deed â€¢ir deed* 11, the vid pn,PerlyÂ· purch .:,ed. u 112,Â·h wid iliÂ·ed .ir Jetal, Sill he in the rilinan tiâ€¢rn, i,C / iÂ·â€¢in,Munce. ind 41,311 he *Igned. *Â·knim ledged .Ind deli,//d b>Â· the vid I'lihlic Tri,vâ€ž .ind .11:111 o,nitn and qu,14-1.11,4 1,1 woÂ·h Irmn â€¢â€¢r remâ€¢n~ entitled m *u,Â·11 Jeed. the vid r,n,perl>Â· pur,lha~ed a# ,11*in,gid and .,It thÂ¢ righi. mle. inten:,1. Irnellt and â„¢uity iiI iedenipti.int 4,1 the 1!ranic,r. h#* hein and a-gn, Ihelrin. and #hull . Mile the .um ,/ Mum f,,r .hi,h the g,J pr,B r,v .A 4,1,1 ,ind .1,411 reler in the râ€¢-Â·r m gli therein câ€¢,ni.ined. ind 10 :he .alt .,r .31/. mad.: hy .ir,ue themit: und in i:,4 41 an a.ignmen, i,1 vt,h i.eitillute â€¢ir ,â€¢:rt,1,4.,te, iii pur,Â·11.1.:. tir in ,Â»., iii the redempli,n 4,1 Mit:h prorâ€¢:r,%. by 3 wthequent encumbraneer, â€¢u,:h a,vpnment iâ€¢, r~lenip,1,â€¢n *h.at! ,11* he reterred 1,â€¢ in *ti, h deed i,r Jeedâ€¢: b!,1 the n,Mit./ i,t vie need ni,1 he 21 out in â€¢ti~h de.,d i,r deed4,Ind !.Ile 1 #hlic Ti /41, e *hall. our iiI the pr uxd, â€¢.T .â€ž:,11. iiI *uch â€žle. 211,Â·i lin, p.,s,ny and rel.,ilitily ull Inâ€¢.,1,2rge vmt,Â·mt -,1 nwking wid vie. p.,y t.. 1.w AwlicÂ·inn hefetinderi,1 11â€žÂ·le/.it hi,1.ler,â€¢1..,1.In,ilethe pr i,k ip.,1 Jnd ink-rot duc â€¢ â€¢11 vid n.,te * .*r.line 1,â€¢ the ten..r antl eÂ·I led IherÂ·â€¢,1. i,nd all mi:neÂ» mis.,i,red h .u, h bene!,LÂ·,/1 .ir Ful lii,Ider .it vid nâ€¢,1,Â· lor irq.ur.,nc c . 1 Ae. .Imt a..Â·-ment.. u it h Inle A .1 IhiÂ·re, 41 A 18% per:rn' r.,r snum, zniteri ng ihe, â€¢/rplti.. 1 1 .,nn. unt, â€¢ th,Â· gr:int, â€¢i. 1,4 te y.,1 re prc.ent.,Uw, i,r .i-en.. w huiÂ·h *.iic i,r ule# and *:ild dea,â€¢r Jeed, w nute,hal I he a Ir,â„¢tu.1 har. kih in l.,u and eque>. .1/.:in.1 the grunti'~. 11. he,r. .Ind .9-1/n.. .Ind .,11 i,ther per-,i~ 4Â·1.,In,ine the â€¢,id prrerty. i.r an, p.irt Iheret,1. by. In,in. thruug h â€žr ul, Jer,he grunit,r. t,r uni i,1 Ihem. T he ht,kler ,â€¢r holder# #,1 -d â€¢It,le or n.,1.Â·* m,n purchar w,/ pr,B rn â€¢,runv pan :hâ€¢Â·m,t: .,nd 11 *h:di I not be i,ht,gatorj urâ€¢,r th~ purel,J,er â€¢,r pur,:11.1*er+:11 2,n> ~u,h Â·.1;4Â· i.â€¢ ~eeÂ· in th/.irrhealt,â€¢n i,t Ih.: pur~hu,e i,kintn It a /1/*derd he required. 11 1% ! ;greed that the granicir. 111* hcirÂ· â€žr .i-yn#. w Ill r.ly theerren#e th<nÂ·,4 1 â€¢If in DenwÂ·r. inwr! Â·Â·elly .ind. 2 Ji 1 1 4..WIA. Re.. 2-*4. 14.4 1) 10}Â· THI %1 1 1'â€¢hl/ 1/u.ler, n i,h l}ue .n Ul, (1.-4/ ..116 ' Hralâ€¢/ Ikht,â€¢hing. 'IC' W 6,1, A,/ , 1-ho.â€¢.1 . C'/ /'21 4- 1 4'l i 2' 'Â·/â€¢â€¢' i !44 . Mien rrorled. pÂ·,â€žm fi, _OATES , 111'GUES_& .KNEZEyTCH- .2.-C,._533_E,_Itorkina_Ave.. Aspen. CO 81611 4 - 4 k 4...i, + i. 1,1/-..29,â€¢Â·5.4*; ...... :1/... 1. 'I i.,c .-FIi.U R. . ' .44 t Â¢ 7. 42 --$ 1.MON'ihli/li/A alt.Â£2.12>flak=~~ . 2 L -'LE ...bilizvisi-,#refe:'MI'llime:lilib + ' -/Ir. BOOK 533 rw. 4,) v And 111/ i/nt,ir. f,,r hirn. 1 f 11/J nh heir.. Trrâ€¢.,n:,! reprew m.,I lie, ,â€¢r .1~â€¢ign~ t:i,~crlan!, and agree#, und wh the Puhlic Tru#tee. thal at the time of Â· .- 1 1. che enâ€¢ealing tit .ind dellien i,t th,Â·.e p/~ent. he â€ž uill.ei/ed i,t the g,J 1.Ind .ind rent:ixnâ€ž In 1,Â·e *in,ple. and h.1* %1*,1 right. full rlauler and t,wful iuth,int) tâ€ž er.int. h.,ream. 4,11 an.1.Â»rne> the gme m the 11.inner and t,irm .1, .,1,ire,aid. her.0, fult> Und uhwilutely ut,n ing and relea,Ing all nglt, and Â· dmi he m. h.ne in M to vid I.,ndk :Ament.. and rri,p.Â·m .n ., 1 Ii,itie~te.al IN.ptitâ€¢n. ir i,iher e,enipli~41. under ind by vinue tif any act of the Gent:ral A#,embli tit IN: SL,te 4,1 Ciâ€¢|or.Â· J â€¢ . t,r .,+ .:il) eieinplit,n under ,ind h> , irt,,/ i,t .in> .Kt 1.1 tht: Cnited h[ ,11/* Câ€žngre,%. 1-Â· cri~ti ng tw *hil h may h<nÂ·i,tter 1Â·,Â· r.,-ed in xlatit,i, ilierâ€¢t, .ind rh.,1 the ..ime .ire irre .,rld ,Â·1,Â·.1 f â€¢,1 :ill tin. and en/Â·umhrurkÂ·/. n hut,ner. eicept real p roperty taxes for 1987, payable in 1988. :6â‚¬i-i ff"t.- [r . ./.1. and the bâ€¢e trgained pnipen, in,he c Â·Â· Â·Â·f und fraLÂ·eal,1 . ~..-Â»~in lifthe Puht,/ Tru~tee. hi% g. Â»tin and 41**ign#. agaiâ€¢1Â·1 all and evcry per,on nr reâ„¢,m 14. fullv claiming â€žr t., ...,im th . Â· 0 .,le Â·,r :In, r.1,Â· Iherrot: the granitir .hall Int! will W.:rr. 1 ' 4.d I.imrr Ikfund. Until payment in full â€žf Ihe indebtedneâ€¢â€¢. thi Brintâ€žr *hall timely pay :111 tare, and aâ€¢Â·,:.,men,â€¢ ie. â€ž:d i,n the pn,rk,n v: anv and all amoum due on re,wn, 1,1 principal and i.'ileng â€žr â€žther â€¢uniâ€¢ 1,1 an> â€¢enitir en/unihrancn. it :in>: and will keer . 11 intrnâ€¢rnient* th.,1 may IN iin â€¢aid land# insun,d 3%3:1,+1 3,1,Â· ca.uaky Ic,â€¢*. int:luding er!Â¢nded ct,t. Â· ige. in a /impany â€žr â€žâ€žnranit:* maering the ne! uwâ€¢!h requiremen!â€¢ â€¢,1 the bencliciary herrof in an E ank,unt not le.â€¢ than the then 1,â€¢21 indet,tedne#. 1.2,Â·h ),â€¢liey .hall et,nlilin a 1â€¢,4. ra>Ible clauâ€¢e namint â€¢he henelit:lanÂ· ,â€¢ multgagee and â€¢hall further pavude that rhe li.wurunce may net k onceled up,n leÂ·Â·Â· th m ten dJ) #,â€¢ rit,en ni,!ice to the heneticiary. At the tiptiâ€¢,n tifthe Knelie,ary. Ihe i,riginal policy or Flic# of inâ€¢unrn: *hall A dellierrd tâ€ž the Kneliciary # turther 2/.trily fir Ihe indeh# IntÂ». Shâ€¢,uld the grantor fall 1,1 in:,u/ sd deliver :he 1 polieieâ€ž,rtâ€ž piy larc*.ir:,2,*rnent,aâ€¢ the â€¢ame full due. airtti p;ly an, unkâ€¢untâ€¢ rawhle urn,1 %en,i,rencunihrance,. i f anh the beneficiary may make any .uÂ·Â·h piyment. t,r ty.,Ture uny .uch in.untnce. and .Ill mt,niA vi I,Jid withintereit thefron + therate of 19 & per :nnum Jail be :Idded to and :Â·,1Â·time a part of the ind:hledne- kfuwd by thi. Deed â€žf Tru.t and ina>Â· be raid liut â€ž1 the po* rd. â€¢,f the ..lie â€ž' it..Â· p, â€¢rer,v if not paid hv the grantor. In ~d :dei,ion. and al A optinn. the hencticiary meÂ· declare the indehiedne., ,ccurid herch,Â· und thiâ€¢ Deed iiI Tig,! It, tr :n default for failure to pr,Ture ' in<nuce tir mike any W the pu>Â·menâ„¢ n:quitrd b>Â· thi, r Â·iragniph. : 11 2 11 or any part of Ihe rruperty â€¢ir an intere.1 there,.1 i. uld â€žr t ran.fern~d ~y the yranl~ir nitht,ut belle hetary'. i fiâ€¢,r *ritie. con,ent . excluding (41) the crt:3Â·Â·tin of a lien *,rencumbrance .uh.ird,nate tti thi. Iked nt Tru,i. ihithe creatitin iiI al pur,Â·11.,â€¢e mt,ne> Â·Â·ecurit> ..,1.-:>,t for t,/urhold appll:Illect. 1/) 2 trans,J by devir. deÂ·<ent â€žr byÂ· operation i t l.nâ€¢ upon the death â€ž1 a Pint tenint ir Id i che grant â€žt an,Â· tea,crot,Â· intere, t *,f three wan or leÂ·.i not containing an Â·irtion zo purt:hA. henertuary rn.,5. .a tinelit:i:inÂ·'wpt,â€ž11. dedin: i,!I the *um* ,/currd hy [hi, Dece Â·,f *fru., lo be immediately due and p,>ihle. Bent'icianÂ· ihalt h.Â·,r waiwd *u/h â€žption iâ€ž Aceler:,le it. prit,r to the vie tâ€¢r tr.In,ter. henell.. t.,ry Jnd the B r.,n t., whi,m the Fluperty . t. be R' wild â€¢w Iran.fum:,1 re*h agreement in â€žming th:,1 ih: credit it .uch ,Â·non 1. .alt.tile-li,rv tti l,eneticianÂ· und that th.Â· iriereÂ·t ,â€¢-1>able on the Mim.,ecured by thi. Deedi t Â· T, U,1 .12.| be .t .uch rate a. An:ti:iar> .hall reque.1. *or a contract for the sale thereof shall be entered AND 1 :IAT I> CASE OF ANY DEFAL't.T. Wherrbi lhe right ..i fi,re,Â·1â€ž.ure ikeur, herrunder. IN Putdic - ,Â·ulee or the holder of vid nele or ' cerliticace Â·Â· f purrl,ax. *hull at <ince hect,me , mitled ki the .pt,â€¢,Â¢*vâ€žn. u.â‚¬ und endn ment â€žf- the prt,rerty ulk,a:wid. and 14, the rent,. iwei and prilit, im - thereof. from ihe xcruing cif wh right and dunne R rendent:vÂ· â€žC 1, reel,i~un pn,ce:ding, und tl: reri,41 of n:demptk,n. if m therr he: and Nuch po,â€¢e,iion *hall at ont e be delivered ki :he Public Tru.ke or the hold. i ., f aid nete â€žr c.rtilicate of purch.r.e en reque,1. and Â·w, retuul. the delnery â€žf *uch potxwon may I en furced hy ihe 1â€¢uhl ic Tnt,w:Â· t,r th Â· h.,Ider 1,1 uid nole <ir ,Â·ertilicule â€žf p urchaM, by unv appnipnate c,vil 1uit or pixuding . and the Public rruitee. or Â»c holder W vid nete ir cenmote of purchaMÂ·. or any Iheret,1. .hail Se entitled i, a R.Ace,wr tor .aill pniperty. and of the renti. i,wei and pn-fit, there,... utter *uch uefuult. including the time emered h f, irrel,-re pruceeding, and thelincd of redemptâ€¢,n. i f any chere be. and shall , heentitted il-Â·frer,ia#3 :r:itterâ€žfright wth.,ul n:gardt.i,he w,Iwney tirinwil,ency.,1 the grant.,râ€¢,rot rhethent,untri,1,4,Id rnâ€¢pertyand without regard to the iulue the; 6,!. a id ukeh Rece,irr meÂ· k irrâ€¢,inted by any wuri â€¢,1 comperent iur,~dicit.â€žn up,in er parte applic,tion .ind u ilhout ntitice - notice heing . hereby erprÂ¢uly *.Â·wic-3 - ond all Anâ„¢. mue, ~,nd prt,nt*. inct,me ;ind nbenue therefrum #hall k applied by Much Recei,rr to the paymni afthe indehtedne..len:h Â· Mrund. Acirding tti the law and the irder, und Jinctinn# 4- Ae enurt. ; AND. T...9 ,1,Â·: / c,f defau 'l in any i,haid p:â€ž men!. il pri ncipul â€žr in tere,1. .Act,rd i ng ti, I he tent,r and et fixt â€¢,t w,d pr,imi.~,ry note 3 foziaid. or any of tham. tir al.-4 p lit there,ii. i,r,Al bns,ch ir vitil :Ititin â€žt .ins tit iht: ctivenant, or aer, ement + herein. h> ;he gran!,ir. hu~ pervin:,1 reprt *,118!,v/%(ir asilgnâ€¢ . then und in thul ..:.e the â€¢Â· hple t.; wid prin,:ipul ,um '..:rehy 4,cund. and ihe intenv [he/,in t.,the time tit the gle. may + lince. al th/â€žption of the legal e holder themit. h.xeme due and p*able. andihe vid pr.mÂ·rn be wld in the nianner andulth che gmc e f:ett :lut *aid indebledne,* had matured, and thal if foreclhure he m.,de by the Publit- Tru~tee. ~n ilitt,rne>'. lee â€žf the.unl ula reasonable amount dallarl for,en'icn Â·.1, the xu perv i*,â€ž11 â€ž1 v i I.inrl,1~ure rnâ€¢eeedirly, 414,11 he alltmed hv the Publl.Â· rruvee .1, a part 1,1 the ctil â€žf tkin:clo,ure, and if roreclo~un: be made thrinugh ihe wurt* 4, trm,nable #,rne> '+ 1,~ 46111 he t:,red h> the â€ž,urt .1, a par, 01 the -1 4,1 ,uch 1,â€¢reclo,un: prnceeding*. The *ingular numher â€¢hall include the plurd. ihe plural the +Nul:ir. and the ux tit .inv %/r.der *h.ill he uprli,Â·able to all genders, Erectited thi. 1 st d.i>Â· Al April 1487 A-Â»,-CO- CUQÂ£-2- Donald J. Fleisher 14, '1.1 DW**8071-eitfier, a/ k/a David M. Fleisher Stute â€¢if Cult,rudâ€¢, O,unn of Pitkin The 1-<ir~Â·going in*trument wa~ /ki,owledged hfire me thiâ€¢. dly of i Â·. i. 4 19 3 1 h:..Bond i J. Fleisher and David Fleisher, a/k/a David M. Fleishor ydRWINEU.and 40. ' .. - KI> Â£4411:hA40,4/,AreÂ· ./ c. ~. 1 i g 1 . 1 . rc:/0 111 1111 1 li - Ic I i I X. 0 C; % b ; 1111* 2 1 1 11 1 C 0 - ! i: 2 11 : 1 21 i z 1 2 :la im=- 2 1 1 . . I 7 Y - |* 5. C- 1 :; 17 p. a J 5 3 1 1 101 1 0 ~2 2- : '3 6 2 1 -i@ 1:0 Z 3 3 i i O 4,1 .1 , libi 1 j E. 1':Z q 2 7 9 1 , 1 ~'. 1, - , 4- - # . .9 a. 2.2 Â£ 1 2 1 1 -2 c . 8-j '1 jji'.- .- il ; 1 i ," 1-6 :r - , 1 '11-1,d 1 !! ; I = : 4 . <i Iii :R 1 - 6. A J 43 - . 4 ..~12hZ~~|Rh@~Z~~-D'- â€¢Â¥46'|~~M//**-.- 5 - 1 aMEL. 9 ...111*'.1,5 - E 1 ME OF t!919 OPUJ0100 'Ue:' U!1110;1 .3 ?Swij. , w,, .1,â€¢gÂ·M;1.411#$13%1*it::t,tht:,2,=5~2-~ c-1.Â·.'1~---.4 *- Â· 3,Â» 444 FAI., 0 0 0 a - -1.'013; /~./:.. f e J A , ..4... i . 062438 1-06[ 55 Ulitultr. DEED OF TRUST y (Participation) r:1 L.-, Tills DEED of TRUMT, maile thim 16th da,Â· ofNovember 19 82Â· hy and between PARK PLACE DEVELOPMENT CO., A Colorado Gene:al Partnership - Â· 2. - 0 DJ . I '.'. $.' 01 hereinafter rrferred to ai "Grantor,- wlâ€ž,9 ad,Ire,* 6 620 E. Hyman, Aspen, Colorado 81611 Pitkin County Public UY'ustee Â· hereinafter referred to aa "Trustee," whose addres, is Pitkin County Court !!ousc FIRST NATIONAL BANK IN ASPEN hereinafter referred tn as "Beneficiary," who maintain, an office and place of hu,inesa at ' FIRST NATIONAL BANK IN ASPEN ' P.O. Box 3318, Aspen, CO 81612 ... in panicipation with Sniall Businesa Admini.tration, an agency of the United Statri. WHNESSETH, that for and in consideration of 31.00 ami other good and vahiable consideration, rrceipt of which iÂ» hereby acknowledged, the Grantor does hereby bargain, sell, grant. asaign. and convey unto the Trustee. his succes- sors i,nd assigns. all of the following described property situated and being in ti,e County of . , ~~~ State of il Condominium Units 102 and 202, Park Place Condominiums, according to the condominium map thereof recorded in Plat Book 13 at Page 75, and as defined and described in the Condominiun Declaration for Park Place Condominiums recorded August 5, 1982 in Book 430 at Page 371 CO Al County of Pitkin rJ State of Colorado *Cy 0 - C- PI J t L r ! ' I , Together with and including all buililingi. all fixtures. including but not limited to all plumbing. heating. lighting. ventilating. refrigerating, inciner,ting. air con,litioning apparailli. and elevators (the Trit:tor herehy deelaring that it is intended that the items herein enumerated ihall be deemed to have been I'rrmanently installed as part of the reulty), and all improvement, now or hereafter eriating thereon: tile lirredilan,ent, and appurtrnanre, and all other _ right, thrreunto belonging, or in anywise appertaining, and thâ‚¬, rever,ion and reverâ€¢imii. remainder :in,1 rrniain,lerâ€¢. and the rents, i,sues, and profits of the above de,cribed property. To have unti to hold the â€¢ame unto the Trit.trr. and the successors in intereit of the Trustee, forever, in fee â€¢imple or such other eÂ»tate. if any, ag is *lated herein in tr,lat. to secure the payment of a promissory note * in the principal sum of TWO HUNDRED SEVENTI FIVE THOUSAND AND NO/100---------------(9275,000.00)-------- signed by DONALD J. FLEISHER and DAVID M. FLEISHER ;1 in behalf or PITKIN COUNTY DRY GOODS COMPANY I U 44; 41 3BA F.- â€¢10 (:-72, M.1 N.. 110-IA P...1... 'di,i-. Air Ob..1.2. A .. This deed of trust has been re-recorded so that "In behalf of"(last line first page) reads: "in behalf of FIRST NATIONAL BANK IN ,EPLN~~0~~~557 ., f . e............. ./ <69. 'Ty ,â€¢Â·clork. . . in{- i I .h'.Â·. ..Â· Â·Â·Â·Â·Â·Â·Â·Â· .......... Clerk ind Re.order C Â·,19 1 1 . &2 . W-Al I.Â· DEED OF TRUST -894 (Commercial & Multi-Family) ..438 /1.1. u (Financing Statement Assignment Of Rents) 1 THIS DRED OF TRUST li mid/hit .... 14th. , lay nf .........January..........~... i...83.......imâ€¢ing the Gran,or, DONALD. J.. FLEISHER...AND... DAVID.M...FIEISHER. ..... ....................... ............................(herein'â€¢Borrower'l whow addrrn k. c/o, Donald,J..Fleisher,. 620 East Hyman ,Avenue,- Aspen,. .Colorado .... .81611. the Public Trustertif . . .,....,........., Pitkin .. .County. Colar,Jo (hercir,Â·'1 mice"). and th~ Beneficiary. The Empire Savings. Building ind !,ian A,sociation, 1 Color,do (orpâ€¢iration, (herein Â·â€¢Ltnder"), whose addren is 1634 C,lifi,rni, Street, Dcnir. Coloradn Ro202. WlIEREAS. Borrower and. ..,..,.......,.................,.,., .,..,................~.........,...,,.,.....,......... :41 '4.- has/have executed a Promis,ory Nate dited . .January ..14..,..,.. ....,.......,19.83.,....,payable w the order â€¢if the t.ender, :40).ae -i in the principal sum of . . FOUR HUNDRED. EIGHrY. SEVEN..THOUSNE).FIVE. HUNDRED.AND.NO/10.0. ........... .. mit , .. 4 .41 - CS..487,#500, 00.... . .. ........) with interes, thrreon, providing for installments of int,res, ind/nr principit. with the lialancc uf the indebtednm. : ifnot sooner pa,d, due And payableon . . .FebruEU:y . 1. . ... ...... .... . ....., . ... . , MX. 2013. .ch.rein 'Â·Note") NOW, THEREFORE, in consideration of the indebtedness hercin recited and the rruit herein created, Burrowu, for the purpose of securing repayment of the . ;ndebredness evidenced by the Mile. the piymen, of att other sums. wit h Inlerat thereon. advanced in -Accordance with thi, Red of Trust to protect the security of th,$ rked â€žf Trust; the performance of the coverants and agreements of Borrower centained In this Deed of Trust, ind the repayment of any future advances. with inrerest ihercon, made to Borrower by Lender pursuant to the terms of thit Deed of Trust. irremably grants and ronveys to Trurnce. in trust, with power of sale. the t follow.ng described property located in the Counry of . ...Pitkin.,. ..*~- .. Siate of Coloridn CONDOMINIIN UNITS 102 and 202, PARK PLACE CONDOMINIUMS, according ..4 to the Condominium Map thereof recorded in Plat Book 13 at Page 75, and as defined and described in the Condaniniun Declaration for PARK P[ACE CONDCMINIINS, recorded August 3, 1992 in Book 430 at Page 371, : f County of Pitkin, State of Colorado - Er R 4 M -- which h.as the rtreet id.Irrs, of, Units. 102.-..202,.411,East. Cooper.Street... - ........Aspen.... .. .... .. ......(cityÂ£...........Colorado....81611. ....... . (stitun0;iD wde); Tog/ther with all buildings, improvements, fixtures or appurterancei, now or hereafter crected thereon, includint but .lorlimited A, all appiratus. equipment, 7 and fixiurei, whether in ingle units or cer,rally Â¢ontrollcd to supply heit, gas, iream, air ctint,Unning, water, Ii,tht, power, refriteration. vent,lation. cooking, plumb- ing, irriwing and power syierni. m:china, appliancei, and any â€žther thing now or hereafter â€žtuated therein or thereon which are now or may hereafter perrain ro or be used Â·vith or in said prenniws even though they be derached or detichable, also all buildings, improvements or con,truction material, suppbc, ard equipment now or herrafter delivered zo said premises and intended to be incorporated 2,3 imalled therrin or uned in construcuor rherean. also all building permts. con,trucrion conÂ· tracts, claims and warranties under construction contracti, tap fees, architectural plans and specificitions relating to construction of improvement, or, taid land and trademarks and logos related to marketing the property: together with any ind all rents (sublm ro rhe righti ind .luthorifie: giwn herein in 1.ender in Â·nikia ind ap pll' such rentÂ« profits, roy,kies. mincral, geo:hermal resources, oil and gal rights ind profili, water. water rights, and wiÂ·er stock, ditch -ights, cabcmâ€¢ rus ind acces, rights, now owned or herafter acquired by Rorro%vcr, u,ed, belonging to, or in anv ivay uinne,red with rhe r-,1 properfy, ill if which arr,jrclared to b r pin of *d 14 reit property. whether physically a.tiched thereto or not, and It] 01 the foregoing, together with said property (or â€¢hc le,/hold esta,/ if this Deed â€žf Truit i, on a le:sehold) are herein referred to as the Â·'Properry*'. To h.ve and to hold the Pruper,y toge,her with any ind all of the rights. pritile:el, hered,wmer,11 2,1,1 cop,rteninre; in arliÂ· way apperta â€¢in, ind hel,ing:nx thereÂ· 4~~~~ 10. That ta the event of any breach or delitilt b, il,irrower, or his Iuccesw. in interest, under the tirm, of the Nite or ihit Deed of Trust. ihe Lender m.1,Â· file written notice vâ€¢,th rhe Trusice dectiring luch default an! its etccrion ind Jrmand that iuch Property be advertised for iale and sold in Jecord.Ince wi,h th.c st,lutrs of the ~ State of Colorado, rhereupon, the Trume ihill sell and dispose of the Property and all of the right, title and interest of the B.irrower, his heirs, succe,tors, and m.gns, it public w/tion m iher hiehrst bidder for mh it the time and place and under the termt des,Knued in rhe notice of gle, ifter publit: notice of the ul,Â· h,ving preÂ· vinusly been givezi by adver; ising, welly, for four consâ‚¬cutive weeks, in a newipaper o. general circulation in the County whcrtÂ· the Property ,% 1â€žcited and after ..4 1 copies â€žf the notice nf gle have been maile/ in ierti,dincâ€¢ with the itatutes of the State of Colorado. The TristeÂ¢ mly polip.ine sate of all or any parcel "f,he ProÂ· perry by public announcement 31 the time an J plac, of any previou.ly scheduled sile, L<nder, or Under's delignee, mly purchase the Property / any ule. The parties further covenant and agree .5 1.oilows. Security Interest - Filaurn Certain goods i.re or witt become fi icures attaihed zo the propertv. Lt â€ž intended thit the filing 0Â£ this Deed of Truit will make thil ~ Deed of Trust effective as a financing m tement fit Â·d 2 2 fixiure filing withir. the meaning of the Un,farm Commercial Code. The g-dis covered hereunder irÂ¢ Inure parucularly de,cribed herein. Cons,ruction Mort,F. This Deed of Tru;. ionst,ruges a c,instruction morrgage under rhe Unifirm Commerrial Cud,â€ž given Iii 5cruir inohtigatâ€žin incurred for . the construc,ion of an improvement w the lan J described above (including the acquisition Com of the land). 1 Covenanit of Title. B,irr.iwer cover,unt; Itat Borri,%vcr pt lawfully vised of the niate hereby conveyed and has theright to grint and ct,nvey Ihc Property. r hâ€ž the 1 Properry is unencumbÂ¢red ind that H,wrower will warrin, ind defend Xencrally rhe nile in the Property against :11 claims ind deminds. iubject to my declarations, eascment; of restnctinns, which m n: public record and listed In i â€¢. 1.â€¢Â·dule of exceprons to c,iverage in a title insurance policy insuring Lender'; interew in the PenÂ· perry. Wiiwr n f Exemplions. 11â€¢wri,wrr walirs all ri,ht â€žf home,rel J exemption in the Properi y ind all other nemptions now vested or hereafter acqu .Â·ed. C,ive,imi, of R,irniwer, H.,in,wri rawnini, an,1 :grers 1,1 pi.impily pay 1.ender ill rrincip*l in,1 inirrist and all â€ž14Â¢r ilin,1 ilf mincy rival,le liv virtue of â€¢he f Ni,re ind thui Der.1,â€¢f Trust and to pt:,flirm rih ind every cliverant in,lagreemen, in the Nate. thui Iked of Trust. any C.initructin, 1.ain Agreem.Â·ni with Lender. or an,Â·,ither de,un,ents r.h:~ng t. the -n rer:,sented by,he N.,te, in~luding, bu, not limited to, the Comâ€¢nitment Letter to Birrnicr, dated AUgUSt. 14. . 1981 ar,i. Decenbc:' 10,- .1982 (herein Â·'Câ€¢,mini,mfri 1.etter"kin.1 any Assignmen, of Le,5Â¢5 irk.1 Ker,ri. ELÂ·114 16Â·29Â·821 , r.,461 Â·=~9',1 7Â·Â·JA. 4>';~-Â·.1,.~rtÂ· i '-' b E br:v<. * . Â·-f I ,2 ' ri. Â· I /4 - f.7.1 MO *A,Att 'k ,Â· *.2 2 ..... 4 Â·.-, i./,h/*I/.I 'Â· I -21- I 4,1. I J ..y- .....1, 11Â©U:..trA''f ..' ~ 1.. ~.,1;4[u,-4..2*Â©' . I y L . I . 9,1 ' #338228 11/05/91 14:19 Rec $90.00 BK 661 PG 374 Silvia Davis, Pitkin Cnty Clerk, Dac $.00 DEED OF TRUST TO PUBLIC TRUSTEE, SECURITY AGREEMENT, FINANCING STATEMENT AND ASSIGNMENT OF RENTS AND LEASES THIS DEED OF TRUST TO PUBLIC TRUSTEE, SECURITY f. AGREEMENT, FINANCING STATEMEM AND ASSIGNMENT OF RENTS AND .1. LAMZPI I LEASES (#Deed of Trust-), dated as of November 5, 1991, is given by DAVID FLEISHER, a/k/a DAVID M. FLEISHER and DONALD J. FLEISHER, jointly and severally (collectively "Grantor"), whose address is c/o The Fleisher Company, 200 East Main 4 .. Street, Aspen, Colorado 81611, to the PUBLIC TRUSTEE OF , . PITYIN COUNTY, COLORADO ('Trustee"), for the benefit of N. HILTON ROSEN, ('Beneficiary"), whose address is 860 United Nations Plaza, New York, New York, 10017. L RECITALS - . , Grantor has executed and delivered to Beneficiary, Grantor's Promissory Note, dated as of November 5, 1991, in the principal sum of $300,000.00, payable on or before November 5, 1993, to the order of Beneficiary, bearing 81 interest on the outstanding unpaid balance of such principal 10 amount as sGt forth therein (such Note, as it may be amended, renewed or extended at any time or from time to time, is 6- 4 10 referred to here..1 as the "Note"). 1 All of the indebtedness evidenced by the Note, u together with all sums payable by Grantor pursuant to the provisions of this Deed of Trust, are herein referred to as the 'Indebtedness"; and all of the terms, provisions, conditions and agreements on Grantor's part to be performed or observed as provided for in this Deed of Trust, the Note and any other document evidencing or securing such Indebtedness are herein referred to as the "Secured Obligations. " 2. Grantor desires to secure the payment of the Indebtedness and the performance and observance of the Secured Obligations as provided in this Deed of Trust in order to fulfill conditions precedent to Beneficiary making advances to Grantor. GRANT, CERTAIN COVENANTS Grantor, in consideration of the foregoing and other p good and valuable consideration, the receipt and sufficiency " of which are hereby acknowledged, HEREBY GIVES, BARGAINS, 1 i' u..r 't>fa - P.'r,al. 4 14 r V.457'. , 24, 2 i 0 2%75 ifirtÂ·2 i*'90. 1 1 -:Ill-'/*44: ,-1~21Â¢10.w ... 'dtnk fAr:gr, fr~Â·- -Â· .Â· Â· Â· Â·~~Â·~ ; ~~~Â·Â·,. -'Â·: Â·...Â·-.,.0.Â·!74:4~ . '~254922*Okah.0. ...7 . : V.Â· - ; A; i'Â·:,i@~ r/lrilm/-/â€žLia - Silvia Davis, Pitkin Cnty Clerk, Doc *.00 #338228 11/05/91 14:19 Rec $90.00 BK 661 PG 390 /3/11/20-8 (Attached to and forming a part of the Deed of Trust to Public Trustee, Security Agreement, ! Financing Statement and Assignment of Rents and i.; â€ž ' Leases, dated as of November 3, 1991, to the T Public Trustee of Pitkin County, Colorado, from . I.YM . ' ~ David Fleisher, a/k/a David M. Fleisher and , Donald J. Fleisher for the benefit of N. Hilton i ' Rosen.) LEGAL DESCRIPTION OF THE PROPERTY i Lots A, B, and C, block 90, City and Townsite of Aspen, and known as 401 East Cooper Avenue, and < more fully described as follows: Beginning at the Northwesterly corner of said t Lot A; thence S 75'09'11" E 60.72 feet along the I northerly boundary line of said lot to the point I of intersection with the northerly extension of ~ the easterly wall of the existing building; thence S 14'47'00" W 58.96 feet along said wall 1. ' and extension thereof; thence N 75'09'11" W i 60.79 feet to the point of intersection with the westerly boundary line of said Lot A; thence i N 14'50'49* E 58.96 feet along said westerly . boundary line to the point of beginning a containing 3582 square feet, more or less, excepting therefrom that portion known as the Park Place Condominiums, County of Pitkin, State of Colorado. . Notwithstanding the foregoing, Condominium Unit 102, Park Place (A Condominium), according to 4 the Condominium map recorded in Plat Book 13 at page 75-76 of the records of Pitkin County, 1 4 Colorado. I i A ' I / A-1 DETD/AH7 Â· l 1 099$*. C ~*0,1 -99>:3 I. - ~La . W 'U ./ I. / 444 , WI ~ and associates 605 EAST MAIN STREET ASPEN, COLORADO 81611 TELEPHONE 303/925-4755 FACSIMILE 303/920-2950 May 15, 1992 Roxanne Eflin Historic Preservation Officer Aspen Historic Preservation Committee 130 South Galena Aspen, Colorado 81611 Dear Roxanne: Enclosed please find our Application Package for 401 East Cooper regarding a Minor Historic Development. As we discussed last week, the package would be submitted by May 15th in order to make the May 27th meeting agenda. If there are any questions~arding this submittal, please feel free to contact me. Sincerely, ~ / 7% I [_*-Fotnst#n Project IVh Jer Enclosure qilin d ATTACHMENT 1 LAND USE APPLICATION FORM 1) Project Name Pitkin County Dry Goods 2) Project Location 401 East Cooper 3) Present Zoning C-C 4) Lot Size 3,582 s.f. 5) Applicants:s Name, Address & Phone # Donald Fleisher, The Fleisher Co. (303)925-2122 200 E Main Street, Aspen, CO 81611 6) Representativels Name, Address & Phone # Donald Fleisher, The Fleisher Co. (303)925-2122 200 E Main Street, Aspen, CO 81611 7) Type of Application (please check all that apply): Conditional Use - Conceptual SPA Conceptual Historic Dev. Special Review - Final SPA ~ Final Historic Development 8040 Greenline - Conceptual PUD X_ Minor Historic Development Stream Margin - Final PUD - Historic Designation Mountain View Plan __ Subdivision GMQS Allotment Condominiumization - Text/Map Amendment GMQS Exemption Lot Split/Lot Line Adjustment 8) Description of Existing Uses (number and type of existing structures; approximate sq ft; liumber of bedrooms; any previous approvals granted to the property). Sinale Structure of approximately 3,233 square feet (F.A.R.) First Floor: Retail Space 9) Description of Development Application Modify Northwest Corner to add an Exterior Door E-f 10) Have you attached the following? X Response to Attachment 2, Minimum Submission Contents Response to Attachment 3, Specific Submission Contents Response to Attachment 4, Review Standards for your Application : i . ./ilk#1(*keiÂ¢twitilii'11Â·&'U,Â·8Â·jilÂ·dÂ·&-iÂ® : : it![I. . f. 1 i. SUPPLEMENT TO HISTORIC PRESERVATION DEVELOPMENT APPLICATIONS IMPORTANT Three sets of clear, fully labeled drawings must be submitted in a format no larger than 11"x17", OR one dozen sets of blueprints may be submitted in lieu of the 11"x17" format. APPLICANT: Donald Fleisher, The Fleisher Co. ADDRESS: 200 E. Main St., Aspen, CO 81611 ZONE DISTRICT: CC LOT SIZE (SQUARE FEET): 3,582 s.f. EXISTING FAR: 3,234 ALLOWABLE FAR: 4,851 PROPOSED FAR: 3,234 No Change EXISTING NET LEASABLE (commer.): N/A PROPOSED NET LEASABLE (commer.): Decreased bv 40 s.f. EXISTING % OF SITE COVERAGE: N/A PROPOSED % OF SITE COVERAGE: N/A EXISTING % OF OPEN SPACE (commer.): No Chanae - PROPOSED % OF OPEN SPACE (commer.): No Chanae EXISTING MAXIMUM HEIGHT: Principal BIda: 20 ft /Accessorv Bldg: PROPOSED MAXIMUM HEIGHT: Principal Bldg: /Accessorv BIda: PROPOSED % OF DEMOLITION: 0 EXISTING NUMBER OF BEDROOMS: N/A PROPOSED NUMBER OF BEDROOMS: N/A EXISTING ON-SITE PARKING SPACES: No Chanae N-SITE PARKING SPACES REQUIRED: No Chanae SETBACKS: EXISTING: ALLOWABLE: PROPOSED: Front: O Front: none Front: no change Rear: O Rear: none Rear: no change Side: O Side: none Side: no chanae Combined Combined Combined Frt/Rr: O Frnt/Rr: - Frnt/Rr: EXISTING NON-CONFORMITIES/ ENCROACHMENTS: VARIATIONS REQUESTED (eliaible for Landmarks Onlv:character compatitillitv findina must be made bv HPC): FAR: Minimum Distance Between Bldgs.: SETBACKS: Front: Parking Spaces: Rear: Open Space (Commercial): Comb. Frt/Rr: Site coverage (Cottage Infill Only): 19,1 ~ and associates 605 EAST MAIN STREET ASPEN, COLORADO 81611 TELEPHONE 303/925-4755 FACSIMILE 303/920-2950 May 15, 1992 Roxanne Eflin Historic Preservation Officer Aspen Historic Preservation Committee 130 South Galena Aspen, Colorado 81611 Dear Roxanne: The following is in response to Attachment 2 of the Minor Historic Development Application Package. 1. See attached letter 2. Legal description: 401 East Cooper Aspen, Colorado 3. See attached Memorandum of Ownership 4. See attached Vicinity Map 5. Insomuch as the corner property fronts on two adjacent mails, this proposal intends to clip the corner of the structure and to add a door to the exterior. This proposed addition reflects the historic nature of the clipped corner and is consistent with the character of the neighborhood. The materials to be used are consistent with the existing materials and the existing overhang will remain unchanged. If there is any additional information you require, please contact me. Sincerel y,~~ 05:res Rosenstein Project Manager Enclosures May 13, 1992 To Whom It May Concern: We hereby authorize Bill Poss and Associates, 605 East Main Street, Aspen, Colorado, 81611, phone (303) 925-4755, to represent us and to act on our behalf regarding + historic designation, design and construction permits on our property located at 401 East Cooper, Aspen, Coiorado. Sincerely, David Fleisher = Vice President Pitkin County Dry Goods - 401 East Cooper Aspen, CO 81611 i 3* -,3 - im&)9*!.id idum:IiiÂ·:8Â· , i,, 1, i . 1 1, . 1 i ' . 1, GOLDEN ASPEN BED MOUNTANJ I HORN SPORTS ONION PLAZA ~ Â· . '-1.- --1 1 . .. : : 111&111,1111,1,11111 COOPER STREET MALL 11,â€ž,11,111:11,111 6" water I ' . U.-1 - \ 1 . 6. a, WAGNER 41 9 . ... 1 PARK Ek 9 8 ' 401 EflbU*R>88* PARK. PLACE RACHAEL GUIDO'S - - Â»W.VAVS?<392 CONDOMINIUM COLLECTION SWISS 22 INN . 1 1 .- -3 1 . - IZZL. - --- --1 1. ......Ii. ......... I-'-- : .phone gas t.v. elec ALLEY . . t. ..1 Ll-1 NORTH 11] PARKING AREA 10 1- 0. - 1 11 !1 1- 88 1-11, 1 i --1 * . 3 9 WI 1 Eli 1 < 1. 4 1 '' . BUS STATION u.in,assocams Â· - DURANT AVENUE. .....1............... 48- St . I .............. 12. sani 1331=!19 .VN -- CommonwealthÂ® Land Title Insurance Company MEMORANDUM OF OWNERSHIP-ACCOMMODATION NO LIABILITY FOR THE SOLE USE OF: PLEASE DIRECT CORRESPONDENCE TO: PITKIN COUNTY TITLE, INC. OATES, HUGHES & KNEZEVICH ATTN: VINCENT J. HIGENS 533 E. HOPKINS 601 E. HOPKINS AVE. ASPEN, CO. 81611 ASPEN, COLORADO 81611 ATTN: LENNY OATES (303) 925-1766 FAX (303) 925-6527 DESCRIPTION: Part of Lots A, B, and C, Block 90, City and Townsite of Aspen, being more fully described as follows: Beginning at the Northwesterly corner of said Lot A; thence S 75[09'11" E 60.72 feet along the Northerly boundary line of said lot to the point of intersection with the Northerly extension of the EasterlY wall of the existing building; thence S 14[47'CO" 8 58.96 feet along said wall and extension thereof; thence N 75[09'11" W 60.79 feet to the point of intersection with the Westerly boundary line of said Lot A; thence N 14[50'49" E 58.96 feet along said Westerly boundary line to the point of beginning, excepting therefrom that portion known as Park Place Condominiums. Nothwithstanding the foregoing, Condomnium Unit 102, Park Place (A Condominium), according to the Condominium Map thereof recorded in Plat Book 13 at Page 75, and the First Supplement to the Condominium Map for Park Place, A Condominium, appearing in Plat Book 15 at Page 38, and as defined and described in the Condominium Declaration for Park Place, A Condominium, recorded April 3, 1982 in Book 430 at Page 401. COUNTY OF PITKIN, STATE OF COLORADO. GRANTEE IN THE LAST INSTRUMENT APPARENTLY TRANSFERRING OWNERSHIP: DAVID M. FLEISHER AND DONALD J. FLEISHER TRUST DEEDS AND MORTGAGES APPARENTLY UNRELEASED: DEED OF TRUST ---------- BOOK 533 AT PAGE 479 DEED OF TRUST ---------- BOOK 438 AT PAGE 55, RE-REC BOOK 444 AT PAGE 924 DEED OF TRUST ---------- BOOK 438 AT PAGE 894 DEED OF TRUST ---------- BOOK 661 AT PAGE 374 LIENS AND JUDGEMENTS (AGAINST LAST GRANTEE) APPARENTLY UNRELEASED: NONE ' . 'Â·t i L ~ CommonwealthÂ® Land Title Insurance Company THIS INFORMATION IS FOR YOUR SOLE USE AND BENEFIT AND IS FURNISHED AS AN ACCOMMODATION. THE INFORMATION HAS BEEN TAKEN FROM OUR TRACT INDICES, WITHOUT REFERENCE TO, OR EXAMINATION OF, INSTRUMENTS WHICH PURPORTS TO AFFECT THE REAL PROPERTY. THE INFORMATION IS NEITHER GUARANTEED NOR CERTIFIED, AND IS NOT AN ABSTRACT OF TITLE, OPINION OF TITLE, NOR A GUARANTY OF TITLE, AND OUR LIABILITY IS LIMITED TO THE AMOUNT OF THE FEES. CERTIFIED TO: APRIL 1, 1992 @ 8:30 A.M. PITKIN COUNTY TITLE, INC. '|'UAA-UL M!#ttl}65'yf]~jiti?;L},:â€žÂ·: Â·Â·, : '1:Â·:., 4 I: i . 6 .Â·, 4,4.'4% 74â€¢t-, â€¢ 4Â¥Â·Â·' m - /1 1, :. ..9,1, Recorded at . ti'clack -- M Â·1&617 Rev, m,ox 527 'FAGE'~~ ,~ - S:%31 Reception No. 2.b /6/14 1 -- 412- -------- -----= - -- - -- ---- - I .rt f Â· : t... .Â·Gr'li, ,''r*Â»2 WARRANTY DEED 284906 2: * 1 in 31 st day <,1 December , 19 86 1 .20 - i 4:; 6 r 0~ betâ€¢ten SCOTT INVESTCO, a Partnership I.- I LORETTA BANNER ' 9% I Â· + 1 0 = \3 PITKIN CTY. RECORDER ~' 34,1-: 492 f â‚¬~unt,â€¢A . 61â€¢le â€¢+Gâ€¢,6-â€¢6â€¢ grantorao and :,7469 fa .1 Dic 31 3 46 PH '86 -144 86,4 DONALD J. FLEISHER and DAVID FLEISHER whose legal addrest b 401 East Ccoper, Aspen, Colorado 81611 6&1 d< 16. k. 1 .i Â·Â·02â‚¬ ' te:': I 4.9 ''r' t~ of the County of Pitkin . State of Colorado. grantee(.Â·3: - 3161 WITNESSETH, That the grantorÂ·*). for and in consideration of the sum of TEN DOLLARS ($10.00) AND OTHER t~ .7 GOOD AND VALUABLE CONSIDERATION nnI laRs. the receipt and sufficiency of which iv hereby acknowledged. hiS granted. bargained. 1old and conveyed. and by these preâ€žents do es grant. Â·. .}ir.4 . e /1 bargain. sell. convey, and confirm. unm the granteefs), their heirs and mignc forever. all the real pmperly. together with improvements. E. if any. situate. lying and being in the C<unly of Pitkin . State of Colorado. ;a:?j described x follows: r 45.1 Description attached hereto as Exhibit "A" 34 04 - 'T together with any and all rights of the grantor, without limitation, under that 4 44 certain Sale and Lease Agreement dated October 20, 1975 between Bayly Corp, ISM 21 Aspen Leaf of Colorado, Inc., and Harris Masterson arA Carroll S. Masterson el regarding the property which is the subject hereof. '1 41' also known bys:reetandnumber as: 401 East rooper, Aspen, Colorado 81611 Id TOGETHER with :41 and singular the hereditaments and appurtenances :hereto belonging. or in anywise appemining. and the reversion and 1 reversions. remainder and remainders. rents. issues and profits [hereâ€¢,f. and all the evate. right. title. int:re:t. claim and demand what!,Oever of ihe grantor(s). either in law or equity. of, in and to the above bargained premiseN. with the heredimments and appurtenances. 7 TO HAVE ANC TO HOLD the old premises abeve bargained und de*cribed with the appurlenancev. unto the granteek). their heirs and 9 assigÂ·i. forever. And the grantorÂ®.for it set f, its heir: and perginal representative.. do covenant. grant, bargain. and L agree to:nd with the granteefs). theirheir: and aaignh. thatat the time â€žf theenvialing and delivery ef the,epre.ent~. it is well S seized of tile premises at nve conveyed. hit ve good. :ure. rerfuct. abw,ilute and inde feit,ille e.tate of inheritance. in law. in fee simple. and ha ve good right. fu:; m,wer and authority to grant. barg a i n, se and ecinve>Â· the xame i n man ner and form 1,5 a fores: i d . and t hat the same are free .0 and clear from all former:litd .,ther grants. bargains. cateN. lien<. taxes. as,essment:. encumbrance:. and re,trictions of whatever kind ar nature soever. except, real property taxes for 1986, payable in 1987, AND SUBJECT TO reservations provisions set forth in instrument recorded in Book 176 at Page 277; and terms, F conditions and obligations recorded in Book 295 at Page 515; and reservations i 9 9 3 and exceptions in instruments recorded in Book 59 at page 75, in Book 59 at r page 122, and in Book 59 at page 231. It K The grantorlÂ® 4halland will WARRANT AND FOREVER DEFEND theabove-bargaincd premit< in the quiet and react:able posses,ion of the granleecs). their his heirs and assign~. against a and every person or persons lawfully claiming the whole or any part thereof. IN WITNESS WHEREOF. the grantor (10 ha s crecuted thiN deed on the date *et forth above. ; ~ :LATE DOCUME,3 ~ SCOTT INVESTCO By: /10'~2,4 1 DEC 3 I I986 . Russell ScoÂ£y J L h / c-11 i 4:v.- tÂ· -* 1 $ 04&Â£7, 7 6 i ' Mad Hug~ Scott Â£07 -Â» 3 .4 ' STATE OF COLORADO 7.. . 3....... . County of Pitkin The foregoing initrument was ackncywledged before me this day or December . ig 86 hy Russell Scott, Jr. and Mary Hugh Scctt, as partners of SCOTT INVESTCO, a .. 1.e . E partnership. Fi:y My commidon expiref '.t"t ./.P Witness my hand and official heal. . 2,/.'.0 w- '1104 190 9 7. IA--A , c . V. .1. h <:ip, Ill i '444*4**MÂ¢ bribÂ« 1' - . 44 1,1, 444 "**24.1, . B.iÂ· ~ *it~'1"tÂ·' f A, ; t. : " 1. 2 tiL .. _ -. ./ 2~ â€¢. .VI' I â€¢ . --1/ r.4 r.)-7 EXHIB'[T "A" !300.f 34 1 JZGFÂ·.5,13 1 . A . 2. CoretÂ·in,: ti:c La:14 in the State of Colorado, County of Pitkin 1 Des:iÂ·ibed as: 5 I. AN' 4:., Parcel A. 1.71 /4 0 -1 F Â· All that portion of Lots lettered A, 3, and C in Block 90 in 0,3.9.9 i. and to the City and Townsite of Aspen, described as follcws: Commencing at the Northwesterly corner. of said Block 90; thence â€ž- Sounherly along the Westerly line of said Block 90 58 feet ill: 1. inches; thence Easterly parallel to the Norcrerly ilne of said . Block 90, 41 feet L inches; thence Scutherly, parallel to the tiesterly line of said -Block 00, 2- feet; thence Easterly parallel to the Northerl-7 line of~-said Block 90, 21 feet 24 inches; thence Ngrtherly, parallel to the Westerly line of said Block 90, 60 feet liÂ·# inch*s; thence Westerly, along the Northerly 1lne of uaid 131 n- 1, 90, 62 feet 63Â· inches to the Point of Beginning. 4.-vi. 11:41= 1:LALL:.ur-1, that portion of Block numbered 90 describdd as follows: - I Cp=encing frcm the Ncrohwesterly corner of s*id Block 90; thence South 140 50';60" West 53.Â·96 feeL to the Point of Beginnizg; thence South 750 Cpv -- ....,c.-, W 61.34 feet; thence North 14 50' 494 1 1 " r n c.u East 25.6.2 feez; thenca South 750 09' 11" East 113(feet; thence Sputh 14' 50' 49" West 27.88 feet; thence Nortn 0, 69' 11= West L 21.21 feet, thence North it' 50' 49" East 2.00 feet; thence North e , 750 09' 11" WestÂ·41.33 fett; thence North 14' 50' 49" East .46:feet. 6 to the Point of Beginning. , ,~ Parcel 3. 17/ ru That portion of Block 90 City and Townsite of Aspen described as follows: 1 .A - th. D M Ar- t..9.r 0 e . said Block 90; thence Ce:=:encin: 1. ...v verly Corner Cf South 70 09' 11" East 62.54 fe-et @ the Point of Beginaing; ~b the:ice South '759 09' li" East 4.6 iatt; thence So uth 14U 50' 49" West 33.08 feet;.ihonce North 75W 09'.11" West 4.6 feet; thence 1 â€¢ 0. U.I 14~ 50' 49" East 33.03 feet to the Point of Beginning. . -1 - I . 1 i Â·' 14. .< 1 1 41 i'â€¢â€¢r,n X.. C-:42.2 1 - .. 3304': 'd-â‚¬134 Â· ; i . ... 1 i 6*SP~,r43 Â· Â· ' i 4351**f;.C> 2 'll'I'.'â€¢-'~- I~'~ I ad -Â¢,V' --H-6..4-/~#Ii*..,--,-4'.*I#. 1 -/I/7-7::Â· Â· e,Gli<*,t,trairÂ·:Â¥.tri. .11 1.Â·2*11 31wiN#N*~.0~M.~*~*gt*~14â€ž..1.11.0- Â·6.,L ~ Â·r .'U:*- :117.Ulaâ€¢mâ€¢!.'VI//-........ 7â‚¬ZR- f i Â·Â· - Â·144Â·tf:i.:-*daw $ 9- 4;*.Â·' 6/. Rer.â€¢rded 11 .'.6.Â·k ___ M sa 533 ma 4,9 .â‚¬26 - - - Rdept,â€¢,n N., 16.1 â€¢ir, 1.Â·r DEED OF TRUST ..312., 287707 p TH!% 1~DEN-!1 RE. M.,de thi. 1 St 4 â€ži April , w 87 - 11 3Â«Â· DONALD J. FLEISHER and DAVID FLEISHER, a/k/a DAVID M. FLEISHER SILVIA DAWS whiâ€¢.â€¢ 4:.litr,Â» i. 401 East Cooper Ave., Aspen, CO 81611 i hen:in.Itter Afeind to .1. gr.Ii,tor. and the IN,!,1,4 fru. tee 4,1 the Ci,unt> .,f B,-Â·Â·Â·,â€¢ rm,â€ž,Â¥v rt!:49 'I Pitkin ii gv--L XI.,16Â· ,â€¢1 l'â€¢â€¢'er.12â€¢i. 11.Â·rein.:rier i Â·te,d I.. 4 1,1hlt. rqhkÂ·e. WITNESSETIi. TH:ir. wit!*Exs. DONALD J. FLEISHER and DAVID ApR 14 Il 24 AH '81 FLEISHER a/k/a DAVID M. FLEISHER haâ€¢ :recuted arn,ini...,r> nÂ·,te t,r n.,te.. herein.ifter reterTed I.â€žnihe â€¢my,11:,r. J.,led April 1, 1987 . for Ihe Prin,Â·tral .um .4 SEVEN HUNDRED THOUSAND & 50/100 ($700,000.00)-------11,11.1- ra,-ahl: tâ€¢, the order of ~ RICHARD R. WOODS uha: uddz..i, 314 S. Mill Street, Aspen, Colorado 81611 alter the il.,te heretil. u :th inierâ„¢ there,in th,in Ihe date th.,n:tif atihe r.lie â€¢4 10.5 rercent per annum. 1,41>.tile in equal Monthly installments of $6,403.00 each, commencing payable on May 1, 1987 and on the Ist day of each and every month thereafter to and including March 1, 1994, and the entire remaining unpaid principal balance, together with accrued unpaid interest shall be due and payable on April 1, 1994.* ANDWHEREAN. The g rant.,r 1, de,in,u. â€ž1' xi t:! I n: p.i, 1,1,Â·111 *,1 the pri ncÂ·, pid :inJ i nterew â€¢,1 *.1,1 prâ€¢imi nur> nute m u h.â„¢e lia.iJ, w,eter,he vid nile <r an> .if them ma, he. NOW. TI{ERFR)RI . The entntor. In /i,n,ider:,li,â€¢i, â€ž1 th,Â· pn-1,11â€ž, .,in! t.â€¢r th,Â· ptirrâ‚¬ .11â€¢.re..11,1. iliv benÂ·h> grant. barguin. 'ell and cÂ»nwy unto the *.,id Pul,lic Tru.tee in Â·ru,1 4,rever. the 1,â€¢It,nune ,!c..ribe.1 propert>. .11â€ž.tie iii the Count>' of ; Pitkin . St// Â·,1 c .,1.,rad.. t.i .,1. SEE EXHIBIT "A" .ATTACHED HERETO AND INCORPORA ED HEREIN BY THIS REFERENCE *So long as the promissory note hereby secured, shall not be in default on April ~ 1, 1994, the maker may upon making a $30,000.00 principal reduction on that p date extend the maturity thereof for one (I) additional year. During the I extended term, interest shall accrue hereon at 315 percent over the 1 year Treasury i.3 ~ Bill rate on April 1, 1994, and the monthly payments commencing May 1, 1994, 4 shall be interest only. Likewise, if the promissory note shall not be in default on April 1, 1995, the makers may extend maturity for yet another year on the same terms and conditions as the first extension upon the making of another $30,000.00 principal reduction at that time. ul., Ant-n hy,twel .ind numkr. 401 East Cooper Ave., Aspen, Colorado TO H AVE AN D Tr) 1101.1 1 Ihe ..Iine. ttiy ellier w / h all .ind â€¢m e ut.â€ž 111/ prn 11// 4,4 and 4,pur ten an,Â·e. 1 lier. u /t, AÂ·li,nâ€¢Nny: In Tm .i nci ertheleâ€ž . ihal incr.etit det/ul[ 1,1 the pa>mentâ€¢,1 ..lid n.ileor.:in iii them. u, ain r.,rithen.,1.1/n ther. ment .il the inler:.1 111:re.in..Â·60<ding Iii thetent,rand:t thÂ·t tit f uid nâ€žle â€žran> til ihem . i,r ir, che p,j, m:ni i,fan> ptlâ€¢ircâ€žLumhr:in,Â·94. pritiÂ·,pul,ir intere,1.11 an>. t,r ,!, ca.,Â·den,â€ž11 .4.,il k â€žwdiÂ· int,r in cuxtil u.,1.:min 1 han,ch 1,1 :iny â€ž1 the term*. c<,r,ditâ€ž,n*. ta,nwn=,rlb .ir .1/reemen,4 herein un!.,Int:d. the hent tw h hereunder,ir tne legal hâ€¢ilder ot the Ind. htedne #, rcil kd hen:n> muy dectan: a w 1.in,in 1,1 1,1, 01 the 8 enantâ€¢ her/In ctinl.uned und elect ki adiertm ...Id irt,) N. tur *.,1.: und del,ian,1 ,uth ule. then. upâ€¢in tiling nubceâ€¢,t\uch/-1â€¢x,1,41 und de-mand tor gte u,111 111,Â· 1~,hlic Ini,tee. whiâ€žh.,11 upâ€¢,n rrceÂ·ipt .,1 ,u,Â·hnâ€¢,11,Â·tÂ·â€ž1 electi~,nand demand ft,rule:aull + en,â€¢ 1,1 the gme le, N rt:,Â·â€žrd/d In I he axi,rder'* â€ž tice .,1 11,/ it,unn in â€¢111.Â·h *ai l re':11 /01.11/ 14 â€¢11 u.,ted. il ,hall and in/+ he 1.1,4 lul thir ihÂ¢ Publ,/ Tru.tee i., 411 and di~r-, i,f the Vinc{en nuue i,r in :File p.,ree|.. 1,â€¢ thti .al,1 l'uhlic Tru~tee ine think he~t i. "Jail the r :hu. w le and Intenvt â€ž1 the Frintur. h:+ hein Ir a,.ien. thiÂ·a:in. .,1 public auctiâ€¢,n al Ilie South th,â€¢,1 d.â€¢,r iiI the C,â€¢irl 11.itix. in the Câ€¢â€¢unt> t,1 Pitkin .Stite.1 0,1.,r/d i,. â€¢ ir â€žn ,/ 1,1 r n m i Â· e,. â€¢, r ., n, p .i r [ t h e ret i, .i . m .t> 1-4.â€¢ ,)Â·4' 111 / J t ri t he nt,11,Â· e i,1 v i d v i e . 1 â€žr t he f i g h tÂ·~ I an d h e, t r ri c e t h e ung -11 bring in ,Â·u#11.11,ur w eek, public nt,licÂ·, 1,1, in g hee n p,n it,u,1> yi, en t,1111/ 1,me .i nt p I.,ce â€¢,1 *u,Â·h u le . h> ad~er!,4,1,ent . u erk t> . in wme no .p.,rerâ€¢,f general :irculatâ€ž,n .,t ihal lime publi.hed m uld Câ€žunn â€žt Pitkin . â€žÂ·ty,> .,1 I.hi.Â·h nt,ti.:e ,h:.11 t,: mailed ~,thin ten JaÂ» trt,m [he d.lk cit the lint pt:hlicallon ~her/â€ž! 1â€ž the grant..r.,1 the .Iddre~ herein enen and bi uitch B min â€žr rentâ€¢nâ€¢ i.prearing to have Kqui,rd a ,u h+equen, reâ€ž,1 inter:,1 in gid real ev:,1/ al ihe .al,hÂ·+* /,wn in t [te r~Â·ci,riled in#lruil/nl: when: i,n 1> ih~: c,â€¢unty ind vite r. men .1, ille uddre** then *u, h ni,lice,hul: tr m:,ded to (14, wur,4 */. ..nd 1,â€¢ liwke .ind unt: ti, ihe purehawr â€¢ir purchu* n tit ~uch rn,turly :,1 .ut h ule. a cernli:/te â€žrwniticale# In writing de'*r,hing â€¢uch pruirn> purch:,40. and ihe wm or wm, puid ihen:Ii,r. and tht: 1,me u hen the pu/ha*er <,r purch,I,er, 1,â€¢r<wher perwin entit led iheretâ€ž 1 â€¢hall t r en,itled 10 J Jeed â€žr deed, t here l, ir. un le. t he vme , hui 1 he redz,emed 'r. i# Imâ€¢vided by bu . and vit! Puhl i< Truve *hall . uptin demand by the 1â€¢:â„¢,n tir reâ„¢inâ€¢ hot,]ing the wi.1 4Â·erilti,Â·ate â€žr eÂ·eniticÂ·al,> i, 1- puretaâ€¢e. u hen gid deniand i, m,â€¢de. tir urâ€¢m denund hy the Fmn dilled t, id deed ti, und !,ir the pn,Nny purehJâ€¢ed. at the tirne wh dem.Ind ,# mide. the lime 1,/ redemrl,â€¢â€¢n having eilired. make and e,ecute tu *uch pem,r â€žr rer#,n# 3 deed or deedâ€¢ Ii, the â€¢aid pn,rerl> ptmh.hed. u hich vid deed â€žr Jeed~ 0211 he in Ihe *,rdinanÂ· turm t,f / cÂ·tinve:Ince. ind *hall he ,igned. 4Â·knâ€¢* ledged and d,:Inwrd hy the wil Iâ€¢ublicÂ· Truwn :ind,h:,11 4Â·iâ€¢nwy and quit,Â·11,1,i tâ€¢i wh pervm â€¢,r rer-n~ entitled 1â€ž wh deed, the vid pn,perlyÂ· purcha~ed a, act,râ„¢,id and all the right . 1,11/ . infere,1. Irm 111 and ettu i, >Â· â€žf re,ler,ir t,â€¢,n â€ž! the y r/ni.,r. hi* hein ind 1*,ign, fhere,n . tind â€¢halt recite the *um ,,r *urnâ€¢ fonâ€¢ hi,1 the vid rn,14:rl>Â· w:,~ â€¢â€¢,Id,ind 41,11 refer to the pmer iiI gle the/in con,ulned. and 10 Ihe,al/.,r */le, made by virlut there,11: ant in c,2 â€¢,f an 2.ignment 1,1 vich gertili,Jit: â€žr ..inilicati â€ž1 rureha#e. t,r in /44 â€ž1 the mkmpliâ€¢,n ,it â€žah rnâ€¢râ€¢'rnÂ·. hy 3 *ubâ€¢equenl encuinhrancer, wh A,ignmen, ti red,Â·mpli,n .h.,11 ..14., he /terrid 1,â€¢ in ,â€ž,Â·11 dtrd .,r Jee,1â€¢. bul th.: nâ€¢â€¢11â€¢:e â€¢,1 ute wd n.,1 li 41 * in *u,Â·h deed i,r deed..Ind tlie l'uhli: Tiv.lee .hall, tiut iiI INÂ· pr..Â·d..4 J, 4 1. â€¢,1 .u, h .411 Â·. Jlter I,r~ p.e ny Jnd ritining 2 1 129.4 hary:. indit.1. â€¢,1 making .aid wle. p.,>Â· t,, 14Â· hcalici,ry hereuntk'r or Ihe le/,11 hiâ€¢Ider â€¢,1 *.ild n le the prin,Â·4â€¢21.ind I nle re.t .l ue â€¢in vid râ€¢/e -/41,din,2 1â€ž the t.:noâ€¢r und el lect themill und .,11 mtÂ·.ntÂ» adunied b, *ue h trneti,:i /, iâ€¢r ligal 114, IJ,Â·r iiI wid n lic I, ir ,â€¢tgr.,mÂ·c. 1.tie. .ind a~.Â»mem.. w i h InlenÂ·#, thcn:,41 .ti 187 irr :en, m.r innum. rendering the â€¢arrplu.. it J m. unti, Ihe er.intâ€¢.1. hi. 1, yal repre,C 81.11.11.. â€žf .3..iyn .. u hic h ..lie Or ..t IL * und #.,1.1 deed â€žr Jeed. w, made .hall t..Â· a perpe,ual bar. blilh In I.râ€¢ and eque>. ay.:Inâ€¢t the gr.Int,4. huÂ· hein .Ind a-,cm. und.111 â€žIher BÂ·r.,â€¢irâ€¢ /1.,imine ihe vid pnrerly.,â€¢r .in, rur, Ihemil. by. In,in. thnâ€¢uy h t,r u,kier Ihe grantâ€¢â€¢r. â€¢â€¢an> â€¢,1 I hem. The hâ€¢,Iderâ€¢,f thilderâ€¢ 1,1 *.ild , w,le ,,r nâ€¢,1,Â·, me pure hax w,/ pnrert> i,r any rer: I hcmit ind Ii,hull rltit he â€¢ibligatilnÂ· up,in the purch~er lir pureh,â€¢en / ini *u,Â·h â€¢411,Â· 1â€¢, ~Â·iÂ· t., ih~ .irplicÂ·,11â€¢'n .,1 th,Â· purLhar.e inline> It u fele,h,: deed he n:quired. it N C /Freed thal the grantur. ht. heirÂ· or a-yn.. %â€¢ 111 plÂ· 11!el~,BÂ»e thenÂ·.1 â€¢tf in [)enver. inkyrt '*City and. Ft.. No. MIA. Rei. 2-84. 1*.FIHÂ»' TRI 41 IPâ€¢hlic Irt-*i n,,h 1).....U l.. 1686 Hiall.,J Publ,â€¢h,n#. 421 W wh A .. 1-.6.-4.â€¢â€¢1. CÂ·t) *1'214 - 14", 21'.4 /1 - '41 *wi .. : 7Â· Â·-~ I., 17 #ben MÂ·â€¢w,teâ€¢t. rr,â€žm ,â€¢, OATES . .111TCHES_& ..KNEZEYIC11.-1.-C. ._513_E._1!or'kins_63Le..' Aspen . CO 81611 9.... 9.4 4,1 u Â»2' 6G,//4.1.41,4~4/04#1kkÂ·/09.*LÂ·I, '. ..- 4 . ...Â· . .,.. :. ....Â· .i.- ,-it-Â·.ni i. Mk. 7* U 4 ; ..I . 4. :f"Luf.â€¢ iyum,4//ti '1~" .....:bil.' 144~,~,i '11.-- '4â€¢.,4. . 2/1Â·Â·Â· 1:~ AÂ·Â·T /'Fiâ€¢'1~-''E. .-:33.3-::44'gilid 4 0. .4.* 2,1 >542&.BARil~i occ*533 r.toi ziliu * ~ Â·.,tet'.2. And the grunit,r. f.,r hi,i,~elf..rÂ·J ni~ hen. pen..nu! /pâ„¢* nl.,11â€ž. or a.,gn. 1:t#en.,11. and .11!/e# 1â€ž and ulth Ihe Puhli/ Truvee. that at the lime of the envaling ,â€¢1 an.1 Jelner, ,â€¢1 :}i,Â·1 pre.,M he i. â€ž21.1/ed 1,1 rhe .J,J I.nd .ind ten/,rent, in tee *iniple. and hi, g,wâ€¢,1 right, full po,â€¢rrand lawful .luthâ€¢,rit> ti, gr,Int . hart.it n . x11 and .Â·*'r, 41 the u ne I n the m.inmeT .ind t.irm 1, .11â€žregi t. her:n> 1 11, und .1 bwilutely 1% a,un F ind rele/*ing /11 ng, li and Â· il,,im~ he nu, h.ne in .ir t.â€¢ w d tand~, :en.Â·ment .. and pr,irÂ·/> .1. .1 11â€žIlk,14Â·ad iÂ·.,empt,un. m #her ,â€žmplit,n. under und hy virtue of any act of the (,eneral ,Â·i,Imhk *,1 11â€¢/ St.,te ~ C.,1.,r..1,, m ~. m e,empliâ€¢,n under .ind h, , in,le â€ž1 :in, 4,3 â€¢,1 the L nited flate, Cant:lig. rkâ€¢wÂ· cil#,ing M whith may -... henÂ·.,11.r 1Â·e r#4Â·J In relatiâ€¢,i, th.Â·94,.inJ thur ihe ..ime .ire In..ind ele.,r #,1:ill lien# :ind encumhr;In,Â·e, u hate~er. except real property taxes for 1987, payable in 1988. and the ab,â€¢e bargained pripen. in ihe c Â·Â·Â·.-' and Irmit,1. -,â€¢-ew,n at the Puhlic Truvee. hA *uc. Â»t,n und mign#. ayalâ€¢,Â·c all and every perran or reâ„¢'m I:. fully claiming cir te, 4Â·Â·.um th . .â€¢le Â·,r .Ins r.,r. [heret,f. Ihe granttir *hall and u ill Wirr. 1 ' .lnd Ii,re,Â·er lifend. Until payment in full .4 the indebtedneo#. th< gran:.ir *hall zinielv pay 4,Il tare# and 41~,Â·:â€žmntâ€¢ ,~. wd .,n the pn,peny: any ind all /mount, due in acct,unt el pnn/,pal and i:,tenÂ·,1 â€žr ether *umâ€¢ â€¢,9 .in> xnitir encumbr:Ince~. 11 an> ..ind 9,11 ke,Â·p . 11 inirnâ€¢en,/nt. ih:,1 m.,y t'~: i,n gid tand, iniured againv a nv Ga,unle.Â· 8.* . ine:luding eriended ctiÂ· . â€¢ ice. in .1 etinit'ary i,r winpar le, meÂ·/tarw the net w â€¢:h requirrmert# 41 the henelit:wry hereof in an am,iunt ruit la. than the then t,vd IndetÂ·,fedne... I.*h i.ilicy .hall ct,nt.In u lt,0. p.)11,1: clau: n:,mint .he heneticillry a, rlingagee Jnd .hall furiher paxide that :he i.,urance may net he c.ineeled up.in te.Â·Â· rhan xer il.1,â€¢ w ritttm nâ€¢,lice 1., the beneticiary. At the tipliâ€¢in tit ihe beneficiary. the prig,n:l palicy or policia of inâ€¢urarre #hill be deli,/red lo the henelle,ury u, further wurity Itir the indeht.Â·In.Â». Shâ€¢uld the tranttir lail tâ€ž insum und dicli,tr the i policie-,rlop.nÂ·taxi.â€¢ir.....meni./.theâ€¢ar,w full tlue. irtâ€žpavirly Inâ€¢,unt. pi.whleurâ€¢In :ni.irent:unihrancei. if any. chehenclinary may makeany iuÂ·Â·h pa>Â·ment. or r,,cun: any .uch in.urince. and Jll mini.. w luid u ith intere., IhenÂ·,in atthe rate of 19 5 14:r innum ihalt he added to and .Â·roink a plirt â€žf the indeble,Ine,+ xecurrd by thi* 1 Ard of Tru.1 und ma>Â· he paid *,ul â€žf the pmâ€¢ard.,11 the ..i le ,1, 11..Â· ri Â·t ercy if not paid by t he gran,or. In ,JOilitin. ind al ;14 Opt â€¢,rl. the henetic,wryÂ· m.eÂ· dirlare the inilebtedne** Icured hereby and liliâ€¢ th,1 â€ž1 T, w tti N :n default for failure to precure |n- 12'Ke m muke iny c,f :he p.eÂ·ment, re~luired by thiÂ· rÂ·tragr.trh. : 1 f : 11 or uny pa n of t he prorâ€¢:ny â€žr an i ntew i he rr t., i . ., Id i.r t ra n.fe rnzd %>' t he y rant or wht,u t hene tici a ry '.., i., r * riti c conicni . ex c l udi ng ( a ) the cnnÂ·Â·,in of a lien orencumbr/nee *uht,rdinate !1, Ihi# 1*ed â€žt Tru,1. ih, The creation â€ž1 a purcliur iâ„¢,ne> xeuril> â€¢itâ€¢- :v ft,r tiâ‚¬w*chold .ippliances . (c ) a Iran<i.r by devi,e. deÂ·Â«nt or by â€žperatitin tit t.n, lirâ€¢,n the dath â€ž1 4 rint terint t,r Id, the grant nt an, 1/il,enct,Â· in:emit of three >rum or leâ€¢.4 not containing an Â·rtion w purcha,e. heneti,wry nia>. at Ant:Ii,Â·ianÂ·\,iption , declan: :111 the *un~ w ur~d h> thi, Deec,if Tru .; to tle immediately due and paghle. Benc'iciaryÂ· #hall h.Â·â€¢r uuived 0,Â·h â€žpntin i., .leceler.,tell. prit,r tâ€ž the gle ur tr.Inhter. henelit bry und the prn.,n t., wht,m Ille ploperty iv u, be wld,1 trun.tern: n:ach 3% reement in n ,[ing th:it the credit 01 ~uch .rrÂ·on i. .3 11.tacit,rv tti k ne 1 1.Â·iarvÂ· i,n l thal ;heÂ· irterrÂ·! râ€¢:3,1,b le tin the .tint~ berufrd byÂ· thi# Deed Â· ' T,u.{ 40:1 be 21 *uch rate u. henetician .hal| reque.t. *or a contract for the sale thereof shall be entered AND 1 : I AT 1> CAS E O F A N Â¥ D EFACI T. Wherrhy the rit: hi t ., lurr,Â· Iiâ€žure occur, herrunder. IN Put,t icÂ· .u*e or the holder of :Jid note or ' cerliticate â€¢Â· f purrlia,e..hall lit once Mâ€žm entilled :ti the râ€¢â€¢â€¢ewi. uÂ·4: and en,9 menl tif the prt,perly aft,A.aid. and tu the fern.. imci and pnifili ~ Â· Iherref. frniâ€¢ the accruing of uch right and dunne the rindency â€ž1 1, reeli,~unÂ· pnkÂ·eed,re~ and the r~riod â€ž1 redemption. if any therÂ· be: und iuch pos,e-on Nhall at ont' d be d/!i,rned t,i :he Public Tru,tee tir the hold. i .,f <lid ni,le t,r c.rt,ticille lif pur/1.he en trqueÂ·.1. and on retuial. Ihe deliver> of #uch poÂ»chion may l in forced hy the l'uhl ic Truve:Â· i,r Re holde r â€ž1 wid nole (,r c ertilicate tif p urchaic hy uny appair ri ate civ il Auit or plxee ding . and the Public Fruâ€¢,tee. or : ie holder 1,1 vid nt,le or certltiote â€žf purchaÂ·e.,ir anv (herrtil. Â· hall he entitled to J Receiver tor gid pruperly. and of the renti. i~ue, and pn Â·li A !:,em Â· Â·. after #uch Oct. u k. ineluding t he [ ime eme n:d h> fi,reelâ€ž*â€žre prt,ceeding~ and c he rc nid of re, lenirti,in. i 1 any Eher, be. and ?,hall ~ , heentilled {F 00 a~ 2 :r:~iteri,fripht uitht,ul n:g:'rd t.,ihewl,enevor invilvencv tifihe gr:Inttnnit the thÂ¢n ,-ner,â€¢t wdrn.perty and without regard ta i xhe s,lue the:Â«. and ~nch Recenur mJ> le appâ€¢,inted h>Â· any ,Â»uri â€ž1 4 tin,pelent tur,4,~ f ,â€žn ul zin er parte .,pplicalitin :ind u,tht,ut natice -nof,ce being , hereby erpr.,wly Â·Â·111,Â«1 - and 311 nnâ„¢. ,-le, and pr,tit*. incume /nd rn/nue the/In,ni *hall he upplted by *uch Recei,rr ki the roymen, of che t ~ indettedne. aerrh.Â· ,Â¢cu,ed. Â·hectirding tti Iht: law .ind INc orden und Jinxtâ€žin* i,1 the court. ; AND. T..i{ ne. :â€žf deflu'! in unnÂ· t,t gil p;n ment.,1 principal er inienâ€ž1. act:â€žrding tâ€žthe terâ€žrand ell,rE til'g,J pnimi.wri mile afâ€žrewid, cirany of them . or my 3 lit the,et, 1. tirt,4 1Â·1%. h t,rvi,1 arit,n t,1 an. fit the onÂ·emini. â€žr agrcement, herein. M the grantti. 11,0 rew,nil repreÂ·..litative. or .wgn.. , then and in th/t ,.1,+e the Â·iÂ·hele i.4 wid principal,um h.Â·rehy ~ecured. und the 1,11/n, 1 Ihere,in 14, th: link: .,1 Ihe gle. may /,ince. al the tiptitin tit :he legal : holder tlerrof. twxt,me due and p,ghle. and the *aid pA,rlert; ir â€¢ild in theniannerand uith the â€¢ante el fe,t :1* it -d inde bledne,4 had matured. and that i f fureclâ€ž*ure he made by the Put,Ii, Tru+ke. un .imirreÂ« fue â€¢i Ihe ium tif a rea sonabl e amoun t dnllan- for <rvice, 3, the *uper,Â·1~itin 4,1 vid t,imÂ·Iti~un pnrÂ«ding, 41.ill lkÂ· all,med h, the Public Tru,lee .14 u p.art â€ž1 ihe câ€ž.1 41 ti,feclt,%urr. and i f forcelti.ule be mude ihri,urh the /t,unâ€¢ a reawinable atttir-Tle, * lee *hall be t.â€žed hy the uitirt .14 .1 r.ir, 01 the etâ€¢%1 01 *utÂ·h hirectii,ure pr Â·eedingi. The *mular number *hull include the plural. the plur:,1 rhe #inetil.ir..ind the u,e cit .iny yer.der +hall he applicable ta 21! genderâ€¢. r Errt:ted th,% 1st duy â€žf April Iâ€¢87 1 1 Dogald J. Fleisher i h 1 40*4 "%1.1 DE201'leishar, a/k/a David M. Fleisher St.te iii C.ilt,radâ€ž C.,untyÂ· 01 Pitkin 1 .193 1 Thc f,#toing inÂ·.trulnent wa~ .cknowledged before me thi, ' dav of 1 Â·. ,'. hy..Â·DORAH J. Fleisher and David Fleisher, a/k/a David M. Fleish?r 3,#195.~, m:bar,u.and A :[. ..07Â·.1Â·uhl. : - 31, â€¢7416Â·hitbe~tiveÂ· , '.- f.1 3 : Nk.. , L . I~ t.,~f#L I~ Â·:~ 5- *' r:11' , ill 5 9 E 1 1 13 :LI I 3 ;3 1 1 111 1 7 : i !9 1 j th 1/ 1. It . i e Â· j J im j j j 0? - 1 1 11 A '-IIi E ! = !:la 1 % 2 n t -2 1 U. to 19 E I f - .13 %- z'.62 . --I .3 1 1 :1 i 11 i ~I 'Af-3 1 ~ t i 2 235 =r 1- -IC i .2 iÂ·23 v - . f *w,D 1 1= - :0 . 4 3 1 Z 1 1â‚¬51.-lili ni 0/4 . !3-j !/2 | f L .. FÂ· i . i -liga~lf Al .: 141 - .1 Ou 'ailll A 1.1919 0 l SEC)F !Â·iHE........Â· I. -4%244, t. , 4 4.* 414#11&97':F,ZA*lifYitnrr...:a.ZÂ·t ,-t~â€¢,"-Â·-t.~ 2,1- .* ~>' .--tk Foc, 444 0.,:, O Qok :7 %9:r....:, . 0 6 4 t .â€¢41- ' I . 362408 (065 55 i;.,-t.3*I<. ic DEED OF TRUST y: =.r p, (Participation) 1. <71 I L: '... Tins DEED OF TRU!iT, made thil 16th day of:<ovember a, C . 19 82Â·1'yand between PARK PLACE DEVELOPMEN'r CO., A Colorado General PaAWership - La .4 9 herrinafter referrr,1 in a."Gran,or,- whoica,1,]reâ€¢.is 620 E. Ilynian, Aspen, Colorado 81611 Pitkin County Public Unistee hereinafter referred to aa "Truitee," whose addree, is Pitkin County Court Housc FIRST NATIONAL BANK IN ASPEN hereinafter referred tr, ai "Beneficiary," who maintains an office and place of husine,8 at FIRST NATIONAL BANK IN ASPEN P.O. Box 3318, Aspen, CO 81612 in participation with Small Buaine,8 Adminiatrasion, an agency of Ilie United Statri. WITNESSETH, that for and in consideration of 31.00 and other good and valuable consideration, receipt of which is hereby acknowledged, the Grantor does hereby bargain, sell, grant. asHign, anti convey unto the Trustee, his surees- sors und a#signs. all of the following described properly situated and being in ti,e County of . ~ State of Condominium Units 102 and 202, Park Place Condominiums, accordigg to the condominium map thereo f recorded in Plat Book 13 at Page 75, and as defined . and described in the Condominiuvi Declaration for Park Place Condominiums recorded August 5, 1982 in Book 430 at Page 371 m , , ty) County of Pitkin r-J State of Colorado . t j L Together with and including all buildings, all fixtures. including bill not limited to all plumbing, heating, lighting. ventilating, refrigerating, incinerating, air conditioning apparatizi. and elevators (the Truitor liereby declaring that i it is intended that the items herein enumerated shall be deemed to'have been permanently initallrd aâ€¢ part of the really), and all improvementn now or hereafter misting thereon: the }irreditanien:A on,1 appurtrnance* and ati other rightâ€¢ thereunto belonging, or in anywine appertaining, and the rever,ion and reverÂ»inni. remaind.Â·r an,1 rrniaindr B. and the rents. issues. und profits of the above deperibed properly. To have :ind to hold tile â€¢ame tinto the TrilÂ»irr. and the successon in interest of the Trustee. forever, in fee simple or such other ettate. if any, aM A â€¢tated lirreiu in inist. to secure the payment of a promissory note * in the principal sum of TWO HUNDRED SEVENT't FIVE THOUSAND AND NO/100 (S275,000.00)-------- signed by DONALD J. FLEISHER and DAVID M. FLEISHER in behalf of PITKIN COUNTY DRY GOODS COMPANY SIA Fe- 430 (T-72) 11.f Nâ€¢. 110-:A Pr.â€¢1.- N.,1- A.. Obâ€¢.1.i. . This deed of trust has been re-recorded so tliat "in behal f of"(last line first page) read s: "in behalf of FIRST NATIONAL BANK IN ,EPEN~~ f.; -- -8...3- 0 4444:ki pl --- ReÂ¢,inted. .,.,,, ...,..... â€žÂ·clock. M.,........,,....,..,.,.,.,.., .... <Â·44.W Rerepticin No.. . .. , .., . , . . Â· Â·Â· Â· Â· Â· Â· Â· Â· Â·Â·Â· Â·Â· Â· Â·Â·Â· Â·Â· Â·- Â·Â· Â·Â· Clerk ind Me:or,Irr DEED OF TRUST (Commercial & Multi-Family) Â».438 t:1:894 (Financing Statement Assignment Of Rents) THIS DEED OF TRUST w m.de thi. , ., 14th day 01 . .January......,.,,ig. 83... Â·Â· irn,ing the Grinloi. ........DONALD. J..FLEISIER. .AND.. DAVID.1 .FIEISHER......................... .. .. ... ...... ............................ (hrrein Â·Â·Bâ€ž,ruller"), who'le addreÂ«c/o, Donald J.. Fleisher,.620.East Hyman.Avenue,.Aspen,. Colorado ..81611.,,., the Public Trustee â€žf .. . . .. . . . . . . . .. . .. Pitkin.. . . . . . .. . . . . .. .. . . .. ... .. . . . . . . . .. . . . . .... . counfy, coli.r.J., Chric, n ",rus,reÂ·Â·1. and the Beneficiary, The Empire Savings, Ruilding ind l.,iin Allociation, 1 Colorado corporation, (herein "Lender"), whose addres; is 1634 1/!bforria Street, Denv,r, Colotid. 80202. hai/have exccuird a PriÂ·rnis,ory Note dited , Janiary. 14. , ig.133.. .... p,yabtâ‚¬ to the,irder,iffhel.ende' in the principal sum of . . FUJR. HUNDRED. EIGHTY, SEVEN .THOUSAND.FIVE.HUNDRED.AND.Noll00. Dollan, I CS. 487,500.00.) with interest,hereon, providing for installments of int,reit ant/or principal. with the l,linnie of the indeble.Inm. â€¢ ifnot looner paid, due ind pavable on . ..February .1..... .. ................. ..MX. 2013..(hereinâ€¢Â·Note"). 1 NOW, THEREFORE, in consideratinn of the indebredness herein ricited and the trust hercir, creitcd, Borrowvr. for the purpose of sccuring repayment â€žf ihe / indebtedness evidenced by ,he N.,te, rhe payment of ill other iumi, wah inierew thereon. Idv:ncrd in .crirdance with this Iked of Trust to proteit the munty of this need of Trust, the performance of the coverants and agreemenrs of Borrower centained in thus Deed of Trust. and the repayment of iny future advances. with 2 interest thereon, made to Borrower by Len,kÂ·r punuan{ to the terms of thi, Deed of Trusl, IrreÂ·.vably granisind ronveys to Trusice, an truu, wi,h power of sale. the t folliwing described property locied in the County of. .Pitkin Â·Â·Â· ....... .... .,Stateof Color.Jâ€ž . CONDOMINIUM UNITS 102 and 202, PARK PLACE CONDOMINIUMS, according 4.4 to the Condominium Map thereof recorded in Plat Book 13 at Page 75, and as defined and described in the Condominium Declaration for PARK P[ACE CODEMBEUMS, recorded August 3, 1992 in Book 430 at Page El, : i County of Pitkin, State of Colorado X) M -- 0 . -1 whiâ‚¬h k.as the Hrect :ddrest of. Units. 102.-..202,-411.East. Cooper.St:reel... 1â€¢ ......,,Aspen..,.. ... ,.(city), .......Colorado... .8 - 3.1. -......... .. .(,tate anpip code). Â£-7// T,Yether with all buildings, improvements, fixtures or appuncnincei, now or hereafter crected thereon, including, but .1/Elimitei to, 211 apparatus. equipment, ! ind fixiurri, whether in single units or centraily controlled to supply heat, g,5, ireirn, air wndifinrling, waier, 14hz, power, irfrigeration, ven,ilitâ€žin, miking, plumb- . ing, irrigating and power symms, machines, ippliances, and any â€žiher thing now or hereafter mu.ted thercin or thereon which are now or may hereafter pertain to oi be used with nr in said pren,i.$ event hough they be detached or der.chable; atw ill buihlingi, improvement, or enirruction ma,crial, supplies ind equipment now or hereafter delivered to said premises and intended tâ€ž bâ‚¬ incorporated ir.J initalled therrin or used in constructior thereon. also ill building perm,is, construction conÂ· : I trim claims and wirrantics under cunstruction contracts, tap fees, architectural plan, and specifiar,nni re}iting ro <onstruction of improvementâ€¢ on *d land and trademarks and logos related w mirketing the property; together with any and all rents (subject to rhe rights and .,whorities goven herein to I.ender to Â·i,ilect and ap 14 , pty ;uch rentÂ», profits. rov:luci, mineral, geo,hermal resourets, oil ind gas righis and profiti, water, walet righis, ind w,Â·cr trod, direh -ighti. ca/mi n:, ind aciess rights, now owned or hereafter acquired by Borrower, u,cd, belonging to. or in anv way connecied with che real proi,ertv. all Â·if which are dedircd to b r pirr of 5.,J re,1 property. whethri physicalliÂ· a.tached thereto or not, and 111 of the foregoing. together wi,h said property (or Â·hc leaschold estate if this Deed of T-uir i un a Irischold),re herein referred zo a the Â·Â·Property': Ti. have ind lo h,ild the Pruperly 10Â¢,iher will, ar, ind all of thâ€¢ riâ€¢hts, privileges, hereditimen,i aÂ·Id i: pt.â€¢tenince, in ini â€¢iy ippertlining ~nd Del,ing:ng there- , ~~~ to. j Th/ in the evint of .,ny breach or default by Rtimiwer. or hit sucu,$0. Â· in intereâ€¢~. under the /ims of the Nnic â€žr thi, Deed 01 Truit. t he I.ender in Jv file writtrn ~ =Me wrch rhe Trusice Jecliring luch default ind its elecrion and demand ihat ;uch Properly be adve/,sed for *ale and sold in ,/cordince with che stitutes of the Siate of Colorado. Thereupon, â€¢he Trustee shall sell and dispose of the Property and all of the right, title and Intereit of the Barrower, lili heirs, succestors, and ass.gns, al putfic aut:rinâ€¢ r. the highot bidder for clih at Ae rimr and plice and under the term, des,Inited tr th: norice of wle. ifter publi notice of Ihe 5,1,Â· hiving preÂ· viously been given by advcwsingâ€¢ weekly, for four ainsecul,ve weeks, in a newspaper 0,- generil circulation in the County whenÂ· the PropertyÂ· 1, loated ind aft-r copies of the notice of tale have been milled in 2/widine *if h [he itatuir, of the .St.nc of Colorâ€¢do. The Tfutre may postpone sate of all nr any parcel af.he ProÂ· j perry by public announcement at the time an J p lici of any previouily scheduled mate. Lender, or Lender, designee. may purchase the Properly at any â€žle. , The parties further covenint and agree al fullows. 1 Security Interest - Fixtures. Ceriain good, i.re or will become firtures attiched lo the Property. It is intended thit the filing m this Deed of Truâ€ž will make thii ~ Deed of Trust effective as a financing statement fil Â·d as a fixture filing wihir. the meining o f the Uniform Commeâ€¢cial Code. The giwids ri,Irred hereunder are more particulaily described herein. Con:truction Mtirtgage. Thts Deed â€¢,f Truc ,Â·tins,innes a constructi<in morigalle under the Uniftirm Commerrial Code. givrn ti, scure an obligition incurred for the construenon of in improwment tir ihc larl describeit ihâ‚¬,ve <inauding the acquisition eous of the lard). Â· â€¢ J. 1 Covenants of Title. Barr.iwer coverant, That Burrower 11 lawfully trised of the cuite here#v cof,wyed and has the right logrin, and wnÂ¥ry Ihe Pri,peri,Â·, fhai the Â· Properry is uncneumbered and thal 11â€¢,frower will warrant and defend gencratly the mir in the Property againit all claims and demind;, *ubje~t to my â€¢leclarations, , eawments or restriction., which arÂ¢ ni public record ant tilted in i i. 1.,+Jule of exceptions M oiverage in a mic tnsurance polic, inluring Lender'i Interrir in i he PinÂ· Pâ‚¬my. t i . W,imâ€žf lix/mptions. 11â€¢irrinver winÂ·cs all ri,ht i,f homeitead exempti,in in the Property ind all other e,emplions now ve,ted or heres fref acqu. rd. J c Cm'rum. of Mirrinver. Harri,wri ri,wnim ind igrer, i., p.imptly pay I.M.lei 111 princiril ind inirres, antl all I,ther i,inis nf miney pirmile liv virtue .f 'he : J Nale ind thel Iked af Trus, ind lo pvrf,irm rath ind riâ€¢v ,-,ivenant inil .Rreement in Ihe Ni,te. thi. Iked of Trw, anÂ¥ C,inilructinâ€¢, 1.nan Agreen,Â·nf with I.ender. or an,Â· â€žther Jocurâ„¢ent* frO[ing to the â€¢,ian re,i:exnted hy the Note, including. but not limited to, the Commlimcnt i.etter to Borrower, Jairl AugUS t.14..1981 ar,1. Decerbc:- .to,. .1982 . (herein Â·Â·C,irn,numin, 1.riterÂ·'krn.1 iny Aisignment ,Â·f I.c,icÂ·%.nd Xer,li. 1 EL-114 (6Â·29Â·823 1 MEZed,â€¢21/.4 - _ Â·4 â€¢ Alt:/24* Mt-RS.rl *trIE 01 4.,... 4 11'. 1 & 4 #338228 11/05/91 14:19 Rec $90.00 BK 661 PG 374 Silvia Davis, Pitkin Cnty Clerk, Doc $.00 I - DEED OF TRUST TO PUBLIC TRUSTEE, SECURITY AGREEMENT, FINANCING STATEMENT AND ASSIGNMENT OF RENTS AND LEASES THIS DEED OF TRUST TO PUBLIC TRUSTEE, SECURITY f- AGREEMENT, FINANCING STATEMEUT AND ASSIGNMENT OF RENTS AND 2* uÂ·,e.'. I LEASES ("Deed of Trust'), dated as of November 5, 1991, is 7 given by DAVID FLEISHER, a/k/a DAVID M. FLEISHER and DONALD J. FLEISHER, j ointly and severally (collectively 'Grantor"), 12 - whose address is c/o The Fleisher Company, 200 East Main :... Street, Aspen, Colorado 81611, to the PUBLIC TRUSTEE OF 1, PITKIN COUNTY, COLORADO ('Trustee"), for the benefit of N. HILTON ROSEN, ('Beneficiary"), whose address is 860 United Nations Plaza, New York, New York, 10017. RECITALS Grantor has executed and delivered to Beneficiary, Grantor's Promissory Note, dated as of November 5, 1991, in the principal sum of $300,000.00, payable on or before November 5, 1993, to the order of Beneficiary, bearing . E 00 interest on the outstanding unpaid balance of such principal it '.0 amount as set forth therein (such Note, as it may be amended, renewed or extended at any time or from time to time, is ~ referred to here..1 as the "Note"). I All of the indebtedness evidenced by the Note, 7 6 together with all sums payable by Grantor pursuant to the r -- provisions of this Deed of Trust, are herein referred to as the *Indebtedness-; and all of the terms, provisions, lit' 9 conditions and agreements on Grantor' s part to be per formed or ~ observed as provided for in this Deed of Trust, the Note and any other document evidencing or securing such Indebtedness are herein referred to as the "Secured Obligations." 1 Grantor desires to secure the payment of the Indebtedness and the performance and observance of the Secured Obligations as provided in this Deed of Trust in order to fulfill conditions precedent to Beneficiary making advances to Grantor. GRANT, CERTAIN COVENANTS fL f Grantor, in consideration of the foregoing and other r good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, HEREBY GIVES, BARGAINS, 1 i' f ' '' 2961 ''7 Â¥44'- ,.. A *t 4 i . 2Â¢71 . Â·Â· ... ~.~ ... -- :ap-pig-*12/941--:21 tib.,7 Â·nÂ·:Â· 7Â· : rnÂ·79,Â·>4.- =-:.:.I-I~.m..Ill-:Il.*.-/-4.- .1.- .*-.I.4,#I-~I'i;.-.1W-Ii.&0*Y..-;-. 1--4 u . . 1. . Â«1 - C L . t 4,% U, ~ f Efdk,f . 44=...,Jt,10-iN:f~Â·t'~ t Â·.Â·~.T.~ . 4 , :.' 3 :,&1?4,11"d.Hipty:E=5.~ mmff*443Â£22*skL'* ' vÂ· ,~ 1 :m,1-88â€¢ -Â·â‚¬3 ~* ~ ~~~ ~~~iÂ·Â· ~ -g:~1<.016.2:= 4'3tlWhl~1aA ~~ #338228 11/05/91 14:19 Rec $90.00 BK 661 PG 390 Silvia Davis, Pitkin Cnty Clerk, Doc $.00 EXHInIT..A (Attached to and forming a part of the Deed of Trust to Public Trustee, Security Agreement, Financing Statement and Assignment of Rents and 1.1 I ' Leases, dated as of November 3, 1991, to the r -:r i Public Trustee of Pitkin County, Colorado, from ' ( David Fleisher, a/k/a David M. Fleisher and : Donald J. Fleisher for the benefit of N. Hilton : Rosen.) I - ; LEGAL DESCRIPTION OF THE PROPERTY 1 0-=. Lots A, B, and C, block 90, City and Townsite of i Aspen, and known as 401 East Cooper Avenue, and i more fully described as follows: a Beginning at the Northwesterly corner of said Lot A; thence S 75'09'11" E 60.72 feet along the northerly boundary line of said lot to the point ~ .' of intersection with the northerly extension. of i the easterly wall of the existing building; thence S 14'47'00" W 58.96 feet along said wall ' and extension thereof; thence N 75'09'11" W 1 4 60.79 feet to the point of intersection with the westerly boundary line of said Lot A; thence N 14'50'49' E 58.96 feet along said westerly boundary line to the point of beginning containing 3582 square feet, more or less, i excepting therefrom that portion known as the Park Place Condominiums, County of Pitkin, State of Colorado. Notwithstanding the foregoing, Condominium Unit 102, Park Place (A Condominium), according to the Condominium map recorded in Plat Book 13 at page 75-76 of the records of Pitkin County, Colorado. i k i A-1 â€¢ DETD/*27 I , . . 49,1 1 I I 1.4.i ' .~ I : +1+10: r i 7.Â·evt; 4 497 : .2 ..,..i'* 16+9 v 7 ar*kttra.ol flamti.0_ 605 EAST MAIN STREET ASPEN. COLORADO 81611 TEL: (303) 925-4755 IssueÂ· 7 , t . . t ''., 222220-2212] 11023723 f.2222] :11 I I ~ 94-_ J ~ 0~1-1- ffÂ«Â«91Â«E-440[2]1 ~ E-------- --- - - ----- 1,1 11 1 Flt O -1-1-2 111 1 1~ -7= ~f-3/9~ 1 1 1 1 11 -- 1 11 1 INEW STOREFRONTI - --------4L-x-#-- /3-1 NORTH ELEVATION NEW MATERIALS TO MATCH EXISTING ~~ 1/4' - 1'-0' 1 401 E. COOPER ST. - M- /- 7-- . 1 - 1 -7 F---- ASPEN,COLORADO 1 1 /// -- 20 ~ '-1__~'f_Â« 91 't~'I r- -4 ~1-~ ff ----- .co-1 PROJFT __-__- RENOV ATION 9213.01 1 Wi-TOREFROT DESCRIPTION ELEVATIONS WEST ELEVATION 1/40 - 1'-00 1/4"- 1-0" SHEET NO, ~ and associates 4-4 t ~ and associates ar#*ba W. ff-+ \\ 605 EAST MAIN STREET 0 0 0 0 0 0 ASPEN. COLORADO 81611 - -- - TEL (303) 925-4755 4 . Issue: 4 /7 7.449 j 1-0 - -91 6 - f====12 1 . /Ah 1 _ Â· 1 l - .LB WALI- 1 .. 1 7 1 - O O 1 .. 1-- f 1 1 1 1 0 0 1 1 1 Nogrkl 1 11 1 1- 1 1 1 r-- - --- ------ - 1- 1 lilli- ' 1 1 1-1 r 1 , 111 1 1 401 r --- -3 E. COOPER ST. -' Fl~*tryb-- i /0 1 $ 1 ~ ASPEN COLORADO L 1 1 1 1 11" 1 L / \ 1 In PROJECT RENOVATION 9213.01 DESCRIPTION MAIN FLOOR 1/4' - 1-0" SHEETNO. Â©-BILL POSS & ASSOCIATES, PC. ~4 0 . WI 000961- Of. ~ and associates N"*emitamt~lt- 605 EAST MAIN STREET ASPEN, COLORADO 81611 (303) 925-4755 TEL: t1 \<17 1 1 j'. 44-1 %1 I. - -- -1-2.--- --1- - -- I -- 11--I - --- .- - - 1 - I-- -- -- I--- --7 -- h -4 . 1 1 k - #flov@ 0><1*TI ki.Gr 64A1-1- f 1 40 0 1 1 1 4%>. 1 79 1 1 1 1 1 1 El 1 10 0 1 11 1 1 40*TH 1 1 1 1 r 1 7--3 + 1 ---- -----------1 L t! 1 1 1 11 lilli lilli i Ill}1,1 1.11 J Â·-Â· i ,Â· ,Â·t T-~ 401 r --- -7 E. COOPER ST. f-- 1 1 '411 ASPEN,COLORADO 1 1 - 1 1 . PROJECT RENOVATION 9213.01 DESCRIPTION MA1N FLOOR PROPOSEP 1/40 - 1-00 SHEET NO.