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§ 38-39-201. Liens Not to Run Over Fifteen Years

Except as provided in sections 38-39-202 and 38-39-204, any lien upon property created by a mortgage or deed of trust shall cease to be a lien fifteen years after the date on which the final payment or performance of the obligation secured thereby is due as shown by such mortgage or deed of trust recorded […]

§ 38-39-202. Lien Extended – Method

The lien of a recorded mortgage or deed of trust may be extended without the written agreement of the owner of the property encumbered by such lien by an instrument in writing, signed by the owner of the obligation secured by such lien or by the person, firm, or corporation designated in such mortgage or […]

§ 38-39-203. No Release Necessary

No release or other instrument shall be necessary to discharge the lien of any recorded mortgage or deed of trust which has expired or ceased to be a lien as provided in sections 38-39-201 and 38-39-202, but nothing in this section shall be construed as affecting or preventing the execution of a release at any […]

§ 38-39-204. Effect of Notice of Action on Lien

If, prior to the expiration of the period as defined in sections 38-39-201 and 38-39-202 during which any recorded mortgage or deed of trust constitutes a lien, there shall be filed in the office of the county clerk and recorder of the proper county a notice of an action pending to foreclose such lien or […]

§ 38-39-205. Action to Be Brought Within Fifteen Years

No action shall be commenced to foreclose the lien of any mortgage or deed of trust, unless such action is commenced prior to the date on which such mortgage or deed of trust ceases to be a lien pursuant to sections 38-39-201 and 38-39-202. Source: L. 90: Entire article R&RE, p. 1677, § 3, effective […]

§ 38-39-206. Does Not Extend Any Lien

This article shall not be construed as extending any lien or the right to bring or maintain any action for which a shorter period may be provided by law. Source: L. 90: Entire article R&RE, p. 1678, § 3, effective October 1. Editor’s note: This section is similar to former § 38-40-111, as it existed […]

§ 38-39-207. Lien Extinguished When Action Barred

The lien created by any instrument shall be extinguished, regardless of any other provision in this article to the contrary, at the same time that the right to commence a suit to enforce payment of the indebtedness or performance of the obligation secured by the lien is barred by any statute of limitation of this […]

§ 38-39-208. Action Within Seven Years When in Possession

No action shall be commenced for any reason whatsoever to question or to set aside any foreclosure of any deed of trust, mortgage, or other lien, unless such action is commenced within seven years after the date of the vesting of title pursuant to such foreclosure. Source: L. 90: Entire article R&RE, p. 1678, § […]

§ 38-39-209. Mortgages to United States

Any mortgage, deed of trust, or other instrument executed by a corporation organized under the provisions of articles 40, 55, and 56 of title 7, C.R.S., and given to secure any indebtedness to the United States, or any agency or instrumentality thereof, which affects real or personal property, or both, and which is recorded in […]