HomeMy WebLinkAbout908746WHEN RECORDED RETURN TO:
Name: Philip J. Frankovic
Address: P.O. Box 11037
Jackson, WY 83002
RECEIVED 5/27/2005 at 10:08 AM
RECEIVING # 908746
BOOK: 586 PAGE: 387
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER,'WY
MORTGAGE
Roy S iebeck, a single man, Mortgagor of Jackson, County of Teton, State of Wyoming, hereby'mortgage
[o Philip J. Frankovic, Mortgagee of P.O. Box 11037, Jackson, WY 83002 for the sum of Twenty-six Thousand
five hundred dollars and Zero cents ($26,500.00) the following described tract of land in Lincoln County, State of
Wyoming, hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State,
to wit:
Lot 212 of River Ranches Fishing and Equestrian Estates at Freedom, Wyoming, Second Filing,
Lincoln County, Wyoming, according to that plat filed March 10, 1999, as Plat No. 383.
This mortgage is given to secure the following indebtedness: one note of even date herewith for $26,500.00 made
~)ayable at the times and place and at the rate specified in the note *
This mortgage is intended to cover the rents and profits of said property, and consent is hereby given after default, for the
appointment of a receiver by any competent court and the receiver is hereby authorized to rent the said property and apply the
proceeds on this obligation.
The Mortgagors agree to keep the buildings now on said premises or hereafter erected thereon fully insured against loss by fire
in some fire insurance company approved by the mortgagee, with loss, if any payable to mortgagee, during the life Of th'is
mortgage.
The Mortgagors also agree to pay all taxes and assessments on said premises, including a~y assessments that may be levied o'n
water rights or shares of stock used in connection herewith, or held as collateral with the above note; also any tax that may be
assessed by reason of this mortgage or the debt secured thereby, and reasonable attorney's fees in case of foreclosure, or the
commencement of any legal proceedings for foreclosure of the sam~, and said attorney's fees shall be added to the amount due on
this mortgage, and made a lien on the premises described herein. In case of default in the payment of any sum covenanted to be
paid, either the principal or interest when the same shall become due and payable, or in case of default in'the performance of any
covenant herein contained, the whole amount of this indebtedness secured herein may be immediately declared due and payable,
and to bear interest at the rate of 10 percent per annum from the date of such default and this mortgage foreclosed at the option
of the legal holder. In the event of default, Mortgagors grant to Mortgagees a Power of Sale to foreclose on and sell said
property as public auction pursuant to 34-4-101 et seq. Wyo. Stat., 1977, or its successor.
Signed in the presence of
WITNy the~(d~a~ortgagor, this 18th day of May, 2005.
P~y~. ie~ec~k
STATE OF Wyorning
COUNTY OF Teton
On this 18th day of May, 2005, personally appeared before me, Roy Siebeck who acknowledged to me that
he executed the same.
Witness my hand and official seal.
Notary Public: Gloria K. Byers
My commission expires 9-15-07
Land Title Company File Number: 30651
Mortgage - Buyer Ind
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