HomeMy WebLinkAbout911720C00237
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WltEN RECORDED RETURN TO:
Name: Two Ocean Funding, Inc.
Address: PO Box 35
Floral City, FL 34436
RECEIVED 9/12/2005 at 11:42 AM
RECEIVING # 911720
BOOK: 597 PAGE: 237
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
MORTGAGE
LeRoy J. Puckett and Mary L. Puckett, husband and wife
Mortgagor of Thayne, County of Lincoln, State of Wyoming, hereby mortgage to
Two Ocean Funding, Inc., a Florida Corporation
Mortgagee of PO Box 35, Floral City, FL 34436 for the sum of Sixty Five Thousand Five Hundred dollars and
Zero cents ($65,500.00) the lbllowing 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:
Beginning at the Northeast Comer of Lot 4, Block 29 of the Alton Townsite, Lincoln County,
Wyoming, and running thence South 5 rods, thence West 10 rods, thence North 5 rods, thence
East 10 rods to the place of beginning
This mortgage is given to secure the following indebtedness: one note of even date herewith for $65,500.00 made
payable 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 this
mortgage.
The Mortgagors also agree to pay all taxes and assessments on said premises, including any assessments that may be levied
on 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 same, 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
~e_han~ this 9th day of Sept~er, 2005. ~
Le~oy J. ~ut~k;~t Mary L. l:~ckett
STATE OF Wyoming
COUNTY OF Teton
On this 9th day of September, 2005, personally appeared before me, LeRoy J. Puckett and Mary L. Puckett
who acknowledged to me that they executed the same.
Witness my ,~_fnd official seal..
My commission expires September 12, 2007.
Land Title Company File Number: 50808
Mortgage - Buyer Ind
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