Fill and Sign the Estoppel Affidavit by Individuals Giving Deed in Lieu of Foreclosure Colorado Form

ESTOPPEL AFFIDAVIT (By Individuals giving Deed-in-Lieu of foreclosure) STATE OF COLORADO COUNTY OF PERSONALLY appeared before me, the undersigned authority in and for said county and state, ________________________________ (Names of Affiants) , who, having been being first duty sworn by the undersigned Notary Public, each for himself and herself, deposes and says: 1. ____________________________________ (Names of Debtors) , the Affiants are the identical parties who made, executed, and delivered that certain Deed to ____________________________ (Name of Mortgagee) , dated the __ day of ______________, 20______, conveying the following described property (the Property ), to wit: (Legal Description of Property) ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ 2. That the aforesaid Deed is intended to be and is an absolute conveyance of the title to said Property to ______________________ (Name of Mortgagee) , the Grantee named therein, and was not and is not now intended as a deed of trust, mortgage, or security of any kind. 3. That it was the intention of Affiants as Grantors in said Deed to convey, and by said Deed these Affiants did convey to the said Grantee therein all their rights, title and interest absolutely in and to said Property. 4. That possession of said Property has been surrendered to the said Grantee, _________________________ (Name of Mortgagee) . 5. That in the executed and delivery of said Deed, Affiants were not acting under any misapprehension as to the effect thereof, and acted freely and voluntarily and were not acting under coercion or duress; 6. That the consideration for said Deed was payment to Affiants of the sum of $ , by Grantee, and the full cancellation of all debts, obligations, costs and charges secured by that certain Deed of Trust heretofore existing on said property executed by _______________________________ (Names of Debtors) , Trustors, to _________________ (Name of Trustee) , as Trustee, for ________________________ (Name of Mortgagee) , as Beneficiary, dated the ______ day of ____________, 20_____, and recorded as Instrument No.______________ in Book __ Page of the Official Records of the County Clerk and Recorder, in ________ County, State of Colorado, and the reconveyance of said Property under said Deed of Trust. 7. That at the time of making said Deed, Affiants believed and now believe that the aforesaid consideration therefore represents the fair value of the Property so deeded; 8. This affidavit is made for the protection and benefit of the Grantee in said Deed, its successors and assigns, and all other parties hereafter dealing with or who may acquire an interest in the Property herein described, ( optional: and particularly for the benefit of Title Company which is about to insure the title to said property in reliance thereon, and any other title company which may hereafter insure the title to said property) ; 9. That said Deed was not given as a preference against any other creditors of Affiants, and they have no other creditors whose rights would be prejudiced by the conveyance of the said Property. 10. That Affiants, and each of them will testify, declare, depose or certify under penalty of perjury before any competent tribunal, officer, or person, in any case now pending or which may hereafter be instituted, to the truth of the particular facts hereinabove set forth. ___________________________________ (Printed Name of Affiant) ___________________________________ (Signature of Affiant) ___________________________________ (Printed Name of Affiant) ___________________________________ (Signature of Affiant) SWORN to and subscribed before me, this the ______ day of ______________, 20____. _____________________________ NOTARY PUBLIC My Commission Expires: ___________________