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HomeMy WebLinkAbout913153 'Ly \u ~ l v .0 \0 / (~_ ..J .. rt'\r5'~ 8 '-, U v 1 Will J. Hunt and Sara E. Hunt 1178 Fontenelle Creek Road LaBarge, WY 83123 MORTGAGOR "I" includes each mortgagor above Irewood Nevada LLC 1080 North Birch Lane Provo, UT 84604 MORTGAGEE "V ou" means the mortgagee, its successors and assigns Lf ¡,.:¡~~ . . Hu Husband and W fe REAL ESTATE MORTGAGE: For value recelVed, I, WIll 1. anJ1Šara E. unt mortgage, grant anfJ convey to you, with power of sale on 1178 Fontenelle Creek Road, LaBarge, WY 83123 the real estate described below and all rights, easements, appurtenances, rents, leases and improvements and fixtures that may now or at any time in the future be part of the property (all called the "property"). PROPERTY ADDRESS: 1178 Fontenelle Creek Road, LaBarge, WY 83123 LEGAL DESCRIPTION: A parcel ofland located in Tract 51, T24N Rl14W of the 6th P.M., Lincoln County, Wyoming, more Particularly described as follows: BEGINNING at the Southeasterly comer of said parcel, an Aluminum Cap Monument hereinafter abbreviated "ACM" lying N 3303'53" W, 434.65 feet from comer number 2, Tract 51, said comer 2, being a GLO brass cap monument per the approved resurvey plat; thence N 73 10'46" W, 230 feet along the Southwesterly boundary of said parcel, to an ACM for the southwesterly comer of said parcel; then N 16 49'14" E, 189.39 feet to an ACM for the Northwesterly comer of said parcel; thence S 73 10'46" E, 230 feet to an ACM for the Northeasterly comer of said parcel; thence S 1649' 14" W, 189.39 feet to the POINT OF BEGINNING. Located in Lincoln County, State of WYOMING. TITLE: I covenant and warrant title to the property, except for encumbrances of record, municipal and zoning ordinances, current taxes and assessments are not yet due. SECURED DEBT: This mortgage secures repayments of the secured debt and the perfonnance of the covenants and agreements contained in this mortgage and in any other document incorporated herein. Secured debt, as used in this mortgage, includes any amounts I may at any time owe you under this mortgage, the instruments or agreement described below, any renewal, refmancing, extension or modification of such instruments or agreement, and, if applicable, the future advances described below. The secured debt is evidenced by (describe the instruments or agreement secured by this mortgage and the date thereof:) The property and improvements located at 1178 Fontenelle Creek Road, LaBarge, WY 83123. The above obligation is due and payable on April 14, 2006 ifnot paid earlier. The total unpaid balance secured by this mortgage at anyone time shall not exceed a maximum principal amount of 159,500 dollars plus interest, and all other amounts, plus interests, advanced under the terms of this mortgage to protect the security of this mortgage or to perfonn any of the covenants and agreements contained in this mortgage. o Future Advances: The above amount is secured even though all or part of it may not yet be advanced. Future advances are contemplated and will be made in accordance with the terms of the note or loan agreement evidencing the secured debt and will have priority to the same extent as if made on the date this mortgage is executed. o Variable Rate: The interest rate on the obligation secured b this mortgage may vary according to the tenns of that obligation o A copy of the loan agreement containing the tenn under which the interest rate may vary is attached to this mortgage and made a part hereof. RIDERS: Commercial Construction SIGNATURES: By signing below, I agree to the tenns and covenants contained on pages 1 and 2 of this mortgage. In any instruments evidencing the secured debt and in any riders described above and signed by me. I acknowledge receipt of a copy of this mortgage. v:Æ ~,;;\- ~ M~~ Will J. Hunt Sara E. Hunt ACKOWLEDGEMENTS: STATE OF WYOMING, County of Lincoln RECEIVED 10/26/2005 at 4:10 PM RECEIVING # 913153 BOOK: 602 PAGE: 518 JEANNE WAGNER LINCOLN COUNTY CLERK, r, "'I; ¡;:;:, .:;,: .'.~ ¡!:;i;mlmm¡¡¡¡·[; .- 1'( '. WY ¡11¡!mii~~~1~ ('><.C' ,;~ ")-4\ 53 ~..J......j~~,.lL My Commission Expires: Od-D~Ob r0.CC:·' 9 I..U.i~1 ~e~ ~ . fá!? SHEU.EY SM'OAU. . NOTARY f'UBUC ~oI Slalllof U1CW Wyornng ·,."......~...,-,..-",-~".,'",., ..........................:. Oct 13 05 10:46p Tony and Karen Nielson 435-753-5314 C'OG520 OOViNANTs ;);f: ,.~j ~: -« it:.:; ~ ..~. IpIC III ... aD ~ III _ .... ddII .... d1a. 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