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(1) A mortgage of real property may be substantially in the following form:
․․․․․․․․․․․․․․․․․․, whose address is ․․․․․․․․․․․․․․․․․․․․․․․․, County of ․․․․․․․․․․․․․․․․․․․․․ and State of ․․․․․․․․․․․․․․․․․․․․․․․․, hereby mortgage(s) to ․․․․․․․․․․․․․․․․․․, whose address is ․․․․․․․․․․․․․․․․․․․․․․․․, County of ․․․․․․․․․․․․․․․․․․․․․ and State of ․․․․․․․․․․․․․․․․․․․․․․․․, to secure the payment of ․․․․․․․․․․․․․․․․ dollars due as follows: ․․․․․․․․․․․․․․․․․․ the following described real property in the County of ․․․․․․․․․․․․․․․․․․․․․․․․ and State of Colorado, to wit: ․․․․․․․․․․․․․․․․․․․․ with all its appurtenances, and warrant(s) the title to the same, subject to ․․․․․․․․․․․․․․․․․․․․․․․․.
Signed this ․․․․․․․․․․․․․․․․․․ day of ․․․․․․․․․․․․․․․․․․, 20․․․․.
(2) Such mortgage may be acknowledged in accordance with section 38-35-101. Failure to state the address or the county or state of residence of the grantor or grantee shall not affect the validity of such mortgage.
(3) Every mortgage in substance in the above form, when properly executed, shall be a mortgage to secure the payment of the money therein specified, with covenants as expressed in section 38-30-113(2), but if the words “and warrant(s) the title to the same” are omitted, no such covenants shall be implied.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 38. Property Real and Personal § 38-30-117. Mortgages--short form--acknowledgment--effect - last updated January 01, 2019 | https://codes.findlaw.com/co/title-38-property-real-and-personal/co-rev-st-sect-38-30-117/
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