§ 38-36-160 — Trust deed deemed a mortgage - how registered

Colorado § 38-36-160

• Jurisdiction: Colorado
• Title 38: Property -
• Art.: Torrens Title Registration Act

Text

(1) A trust
deed shall be deemed to be a mortgage, and be subject to the same rules as a
mortgage, excepting as to the manner of the foreclosure thereof. The registration
of a mortgage shall be made in the following manner: The owner's duplicate
certificate shall be presented to the registrar of titles with the mortgage deed or
instrument to be registered, and the registrar shall enter upon the original
certificate of title and also upon the owner's duplicate certificate a memorial of the
purport of the instrument registered, the time of filing and the file number of the
registered instrument. He shall also note upon the instrument registered the time
of filing and a reference to the volume and page of the register of title wherein the
same is registered.

(2) The registrar of titles shall also, at the request of the mortgagee, make
out and deliver to him a duplicate certificate of title, like the owner's duplicate;
except that the words mortgagee's duplicate shall be written or printed upon
such certificate in large letters, diagonally across the face. A memorandum of the
issuance of the mortgagee's duplicate shall be made upon the certificate of title.

Legislative History

Source: L. 03: p. 335, � 57. R.S. 08: � 773. C.L. � 4983. CSA: C. 40, � 228. CRS 53: � 118-10-60. C.R.S. 1963: � 118-10-60.