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HomeMy WebLinkAbout913284 I ~ ~ ( 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. 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. 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. This mortgage is given to secure the following indebtedness: one note of even date herewith for $100,000.00 made payable at the times and place and at the rate specified in the note See "Exhibit A" attached hereto Carl Dec and Supunsa Dec, husband and wife, Mortgagor of Etna, County of Lincoln, State of Wyoming, hereby mortgage to Jeannine C. Roberts and her successors, Tmstee, for the uses and purposes set forth in the Jeannine C. Roberts Family Tmst between Grantor and Tmstee, dated the 16th day of May, 2000, Mortgagee of 988 Mulberry Drive, St. George, UT 84790 for the sum of One Hundred Thousand dollars and Zero cents ($100,000.00) 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: MORTGAGE RECEIVED 10/31/2005 at 11:41 A~'"''''''' to- 0 RECEIVING # 913284 BOOK: 603 PAGE: 150 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Jeannine C. Roberts, Trustee 988 Mulberry Drive St. George, UT 84790 Name: Address: WHEN RECORDED RETURN TO: 50948 (010 "....--, 031L3,284" Signed in the presence of 105. ~ fl-K Carl Dee STA TE OF Wyoming COUNTY OF Teton ) ) ss, ) -.., :......l,... .r- (\ t"'. .., t:: 1 \-' \." tJ 1 \) ~UpUVlScx.. Dec- Supunsa Dee On this 30th day of September, 2005, personally appeared before me, Carl Dee and Supunsa Dee who acknowledged to me that they executed the same. Witness my hand and official seal. ~~~ Notary Public: Laurie Coe My commission expires September 12,2007. - LAURIE COE. NOTARY PUBUC County ot State of Teton Wyoming My CommIssion Expires 9/12/2007 - ( - ~ ( One-half (1/2) Interest in the South 29 feet of the SE1/4SE1/4 of Section 10, T35N, R119W of the 6th P.M., Wyoming. AND Easement Interest as described in that certain easement recorded in the office of the Clerk of Lincoln County, Wyoming, on August 10, 1988, in Book 264 P.R., Page 323: described as the South 26 feet of the SW1/4SE1/4 of Section 10, T35N, R119W of the 6th P.M., Wyoming. PARCEL 2: The S 1/2SW1/4 of Section 10, T35N, R119W of the 6th P.M., Wyoming. PARCEL 1: EXHIBIT "A" f'nn-152 \..~ \.l \..1 ..A. pC'''''' ""~8ii l~....J.J..,<U;~ ~ , .