Colorado Code § 39-1-109

Taxes paid by mortgagee - effect
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If the mortgagor of real property fails or
neglects to pay the taxes levied on such property or permits such property to be sold for taxes,
the mortgagee may pay said taxes or redeem such property if sold for taxes, and any taxes so
paid or redeemed shall become and be a lien upon such real property until the same have been
repaid to the mortgagee. Upon payment of any such mortgage or in an action to enforce the
same, such mortgagee may demand the taxes so paid or redeemed, with interest thereon at the
same rate specified in the mortgage, and the same shall be included in any judgment rendered on
the mortgage. The term "mortgage" includes deeds of trust, and the term "mortgagee" includes
the beneficiary of a deed of trust.

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