HomeMy WebLinkAbout913976
rtõ.
..... ,-..., ,1_) P"
'ì ( '. " )', 'J"
;..luo0
\
RECEIVED 11/28/2005 at 9:32 AM
RECEIVING # 913976
BOOK: 605 PAGE: 885
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
E -;).--; ~D
RE~lL ESTATE A10RTGAGE
(Wyomi,¡g)
nfÎs MORTGAGE is gmll"'d b)'ALPEN HAUS INVESTfi1ENTS II, LLC, a Wyomillg Limited Liahi/ity COlJlpllllY, as
MORTGAGOR,lo
PAULINE ROIJ'BURY liS MORTGAGEE.
IVl7ìVESSElll:
¡\forlgllgor. /Ór go()d and mluable cOllsidemlic,ns, Ihe receljJI ofwhic!¡ is hen'l)y acknowledged, does hereb)' cR.·IN'l: 13/lllciIIN, SUJ, CON¡:¡,') .,IND
/VA liRA NT ond jIlr/her relellses IInd \1'(Jive's (Ill righls ullder olld by virlue of IIIe IlOmesleod ewmplioll Iml's of W)'omillg, 1111/0 /he :l!orlgogee, his
SlIccessors alld IIssigllS, all oflhe fiJlloH'illg described real properly, lowil:
7)/
Beginning al the Southellsterly comer of LOll ofAlpendurfSubdivision, Phase 1 recorded as fnstmll/enl No. 700391,
Lincoln COIIII~V, WvoJlling said point being N(j°48'38"IV 930.11 f"eetfroJII the South QUI/rler Comer ofSectioll 20,
To lI'II.\h ip 37 Norlh, Runge 118 IV est of th e (jrh p, M, alld m 1111 illg th cncc N]5° 18'57" II 11.50 feel; th ellce N 7-1°3 2 '36" E
8,71 feet; theuce N 15°27'24" IV 23, 81 feel; thellce 874°32'36" II'S. 65 feet,' Ihellce iV15° I 8 '57" IV 19.52 feel; thellcc
S74 °51'28") ' 31.57 feet,' thellcc N 15°08'32" IV 12.88 feet; thcllce .5'7-1°51'28" IV 31. 90 feel; Ihellce S 15°08 '32" E 12. SS
feel; thellce .5'74°51'28" IV 32.42 feet; thence 8 15°20 '04" £ 19.53 fect,' thence S74°39 '56") ' 8.80 fed; Ihellce 815°20 '04" E
23,81 feet; Ihellce N74°39'56" E S. 80 feet; thellce 815°20'04" E 12.52 feet; Ihellce N74°50 '54" 1>)5,86 feet to lIte poillt of
beg ill II illg.
,}p
TOGETI/ElI WITlI Oil)' olld ull imIHO\'elllenls, \1'lIler olld dilch righls, righls ofways, eose'lIell/s.IJrivileges, vell/i/a/illg. /ellellll!lIls.
I,eredilwllellls olld ulJpl/rlel/ollces 11".'reuI110 belollgillg or ill allywise opper/oillillg, 110W or hereojier used 011 soidlolld or b,loII.l;il1g 10
,wid Morlgogor, o/l(lony reversiulI. remoinder, rel1ls, isslles alld projìls Ihereof hereinaji"r r,,(are(llo as Ille "Properly".
This grlllll is i"l,,"ded {IS {I Mortg/lge, /I FixllIre Filing /l11I1 Se¡;¡¡rily IlIlereslfor Ihe Purpose ofSeclIring:
I. Pe,jòmUlllce of ,,(Jell ogreell/elll ofMorlgogor here ill COllloill"d, eoch ugr"elllelll olld CU\'CIWIII cOIII"illed illlhe IO{1II docull/ellls os.weierled 1,..ilh Ihis
mortgage, alld any C.\ICIISioll, renell'ul, 1I/001¡jìcOlioll Olld/or lJIl/cndmellllher"u[ "r{i(11I doclIlI/enls" sherll iI/elude Ille erbove descrihed I/ole, Ihis
II/orlgoge, ami IIny oil'ilr dUCUlI/elll.l· or il/slrllll/enls siglled ill connecliollll'ilh Ihis IOW1.
2. Paymelll of/he iiidehledness "vid"nc"d by i1 proll/issOl)' nole of even dale herewilh. and OilY exlension or rell('Il"'; Ihereof il/ /he IHillcl/JUI slim of
FOR 1'1' 11lOUSAND AND 00/1 (}OTfIS DOLLARS (S,!(), (}OO. UO), Ille fillol paymenl o/pril/Cljxr/ Ollel inlere,¡ ¡her"of ifIlOII';iliU' paid. /u
be jìllII Ily dll" amllJilyable Decemher 1, 2006.
3. Poymelll u/oll su"h fil/'Iher SIlIlIS liS mllY hereaJier be IOllned or adval/ced by rhe A!orlgogce ji)r {I/lY fJl/rlJOse: oml ,I/1Y I/o/es. dmji.\ ond/or olher
inslrumenl.l· repnlsel/lil/g suchji,rlher !cHillS, advallces or expendilures sholl be OI)lional wilh /he ¡\ft;rlgagee. oml shall heculI/e due a;ld PO) '01.>/" 110 luler
Ihall Ihe /illollJlUllII"i/y dale of"said lIole secl/red hereby: ami provided jIrrlher, 111U1 il is Ihe express inlenlion of Ihe porlin 10 111/.1' Morlgage Ilwr il sholl
.I·wlld as cOlllinl/ing seclIrily I/n/iloll slIch Iuans, odvonces or ".\jh'ndilllres 10¡;¡;fh"r willi inler"sllhereon, aI'" paid il/jir/I.
..t. To proleel Ihe .\"Ccl/rily olthis ¡Horl!1{1!1e, ¡Horlgogo/' wllrrlll/IS, cOI'ellt/nls IInelllgrees:
I. nle prop"rly isjj'ee ji'om IIll encl/mbmnces, excepl liS may be described h"r"ill. "1/:l111U1 Jlorlgogor shull 1I'W"I"lInl (/1/(1 d4i'l/d Ihe sWl/e jilrel'er
ugoinsl Ilie 1(I\11i,/ c!oims ol/d deI/wilds 0/011 persul/.I' H'holl/soev"r, and Ihi.l· covellolll j'hnlll/ol be exlil/gl/islled byji;r"c!osure or olh"r Imllsf"rs.
2. To keep all buildings oI/(l ol/¡er il1lprovel1lenls /1011' or /¡aeofler (!"(islillg in good comhlion ond repair; 10 nor rl!III01'ê or dell/olis/¡ ony buildillg or
oIlier improvell/en/ Ihereon. 10 cOlI/plele or reslore proll1plly and ill U good 1I'orkmunshiphk" mallller OilY illll'rovel/lelll \l'hieh II/oy he COllslrllc/ed,
diJIl/oged or deslroyed Ihereoll; 10 pay \\"/¡ell due oil cloilllsjÓr labor peifolll/ed (ll/d i!Jul"riolsjio"l¡ished Illerelo or Ihaefor: Iu cOli/ply "'ilh (III I(lws
affeeting soid ¡;roperly or requiring OilY (l11"r(lllolls or illlprovellf"lIls 10 be II/ude Ihereon, 10 lIul eOll1l11il or permi/ 11'0.1'11.' /hereof or Ihereoll. 10Il/olll/oil1,
cullivOI¡;, irrigale, /er/iliz", jiol/igale, pmn". 011 111 a good alld Ill/sbwnlrylike IJ)Willer, Ihe 10lld Oii:l ill/prowlI/"nl.1 Iherelo: lu 1101 challge or perll/il eI/(/J1ge
ill Ihe I/S" uf"lh" properly: 101101 do anyllJillg 1I'hic/¡ I!'ollld reduce Ihe value o/Ihe properly: (ll1d do olio/her oels ll'/¡ieh FOI/I Ihe d,uruc-Ier or use o/said
profxrly IIf(lY be l'eosoJ1l1bly Iwcessllry, III" specijìe eJ1l1l1/eruliolls her¡;¡"1/ 1101 excllldlllg Ihe gellerll/.
3. To provide. 1II0illloil1ond d"'iverjìre insu/"(lllce salisjirclory ond wilh loss Pllyoble {o ''''orlgagee: 10 OWillloill liohilit\' il/s1l/"(/Ilce: 10lmy 011
prell/iulI/s IIlld chorg,'s 011 1111 such ill.lïlJ"(/nce 1!'hell dill.': OlldlO provide MOr/goge" salisj"clOlY evld"lIce '1sucl¡ f¡¡SII/"(OIC" UpOIl rl!(llIesl. Tile 0/110/011
coll"eled ullder unyjìre or olha 1I1.\ïrrOllCe policy IIfOY, !II ¡'.Ior/gogee's op/ioll olld del¡;rll/il/iflio/l, be applied 111'011 lllIY illddJledllëSS secured in
such on/"r liS IIIorlgog"e dCl¡;rll/ines, I," rell!osed 10 IIIorlgogor III w/¡ole or pari, or OilY cOllfbilloliol1 Ihereof" Such opplieo/ion or releuw shall nol cure
or woiv¡; Oil)' d¡;fill/II or lIo/ice oj"d¡;fil/r/I herellllder or illvlllidole ony {Jcl dOliI.' pllr.I"lfC/II/ 10 sllch nolice.
.J. To Imy b¡;fiJre delin(llIl!lIcy olllay"s, osseSSlllellls, or rellls o{fec/ing said properly: 10 poy 11'h"lI dll" all enc/fInbrll/lc"s, chorg"s IIlId Ii"ns, willi
illleres¡. lI(Jèc/ing soid IJroperly 1I'hich lire or IIIOY IIppeor 10 be prior or sup¡;rior herelo: ond 10 PllY 011 cosls. Ji'es ond expellses o/Ihls J/orlgllg" and
ii!i'; Ch.l(tllild·'¡ ì ¡':;I:<ddud
¡ 11:-;[ II;UiC:O
/?nd /:'s{ilfe iHo,-¡gOgl' ((.'i)')) - IJog£: I
!?()w!JllryD'l'
~::t ~:'J L!
\() :.~<~"
r. . "-1 k.
,'J w 'I.)
¡~\ /'), I,} 0 n
,;'~.' C) () V
associaled loan documenls.
5. To pay immediolely ond wilhoul demand all slims expended by Jllorlgogee pllrsuallllo Ihe provisions hereof, wilh inleresl fi-mn dUli! of expelldilure,
alo role eqlUrllo Ihe illlerest rail' poyable unda Ihe promissory nole described obove or IlI'elve percenl (/2%) per 11111111111, H'ilichever is grelller.
6. To IIppeor ill 011£1 defelld ony oclion or proceeding plllporling 10 aflecllhe securily hereof or Ihe rig/lls or pO\l'ers of¡l/urlgllgee: 10 PllY, un demand.
all cosls and expenses, including wilhollt limitalion, cosl ofl/tle evidence, reasonable otlomey'slees, odvallces, alld/or cosls, paid or illcurred by
Morlgllgee 10 prolecl or ellforce ils rigllls ullder bankruplcy, appellale proceedings or olhenl'ise, wlil all such cosls 011£1 e.xjJellses shull become (I purl of
Ihe imlebledness secured by Ihis marlgage.
7. SllOuld II-!orlgllgorfaillo make any paymenl or 10 do allY acl as herein provided, Aforlgagee, bul withoul obligllli{JIJ so to do IIlId wilhoulllolice ar
demolld upun ¡I-!orlgagor IIlId H'ltlIlJIII releasillg A/orlgagorfrom 1111.1' ubliS;<ilioll hereof, may: mllke or do Ihe sWlle ill such III (¡liner (Ill/I 10 slIch e,fenl os
Morlgogee may deem lIecessw)i 10 protect the securily hereof, Morlgo!!/¿: beillg autllOri:ed 10 enter UI)OIl mid pmfJerlyjl)r .\"Iicll fJ/lrpuses, appear ill IIlId
dejèlld any aclion or proceeding purporling 10 aflecll!/C securily hereof or Ihe righls or powers ofMorlgll.;;ee: pay. f)¡¡rcl/(/se, cUllle.\1 or cOJllpromise 1111.1'
encumbrance, clwrge or lien wllich inlhe judgmenl 0.1 ¡\forlgagee appellrs 10 be prior or superior hereto: lind in e.\acisillg IIny such powers or in
enforcillg Ihis Morlgage by judiciaf foreclosure or otherwise, pay Ihe necessary expellses, costs alld reasonable Cl/tolney'sjèes.
8. To cOlllply lI'ilh 0/1 hrws, ordillllnces, regulaliol/s, covellanls, condilions and reslriclions aflectillg Ihe Property 011£1 ils lise, including wilhoul
lilllilation all envirollmelltal la\\'s: IIOt 10 use or permillhe use oflhe Properly for allY IInlawfid or objecliollable pllrpose. 10 remed" 011]' ellvirollmenlaf
cOlltwl/inolioll or violatioll of elll'ironmenlllllo\\'s thollllay occur or be discovered inlhe jirtlire: la 0/1011' Mortgagee {¡ccess /0 the P;'op~rty to inspect its
conditioll and 10 lesl liI1d mOllilor jÒr cOlllpliance wilh applicable 1011'S (allY inspecliolls or lests mode by ;\[orlgagee sha/l /Jejiil" .Ifurtgagee's p/iljJoses
ollly IIlId shull 1101 be cOllstmcd 10 (Teale any respollsibilily or lillbilily Oil the pari of Mortgagee 10 Morlgagor or 10 any ollli!r persun): 10 flml'ard copies
ofonY·/.Iolices receiwd/i'omany ellvironmelllal agencies 10 ¡\/ortgagee: alld 10 Itufemllijj¡ alld hold :I!orlgugee, his employees, agents !iliff his successors
and assigns, }wrllrlessji-olllalld agaillslall)' ellvirollmelltal claims of any kind, and all cosls alld expenses incurred in canlleclion there\!'itll, illcluding,
withoullimilaliulI, altomey'sfees.
9. Ai1)' fI111anl o/dallwges in cOllnectioll lI'ilh an)' condemllalioll for public use of or illjury 10 said property Or allY pWI tl/Crell is Ilerehy assigned ond
sholf be paid 10 Mortgagee 11)10 1I/ay oppfy or release such lIIollies received by him ill the SOllie IIwnller alld II'ith the some effect os above fJ/"(JVided jÒr
disposilioll of proceeds of fire or other illsurance.
10. The jliilllre ofMorlgagee 10 exercise any righl or oplion provided here ill alallY time, sfwflllol fJreelude ,I/orlgogeefi"om exercisillg Ilny ofsllch
righl,\' al allY olher lime: by occeplillg paymelll of an)' Sll/II secured hereby afler ils dlle dale, Martgagee does not I loiw his right eitller to relfllire prompt
payment when due %l! olher .I'll/liS so seclfred or 10 dee/are defallft forfailure so 10 pay; al! righl.\· cOllferred on .I/"ilgagc·c' ure cll/nlllotive ond
addiliollallo allY rig his cOlljèrred by la\\'; and if allY provision isfolllld 10 be illvalid or IInelljÒrceable, slfch illvalidily or uilel!/orcl'Ifbllity sho/l IIO! o/Jècl
allY other provision hereof alld Ihe morlgage shal! be cOllslrued liS Ihough slfch pnwisioll had beell omilled.
II. .·1.1' odditional seclfrily, Morlgagur hereby gives 10 and cOllfers IfpOIl ¡\forlgogee Ihe righi, power and autllfJril\', durillg Ihe contilll/llnCe of this
murtgage, to col!ecl Ihe rents, issues and profits ofsaid properly as Ihey become due and poyohle: f(eserving Ilud·e\'er IllItO ¡\(ort,\!,ogm', prior to IIny
de/liufl by lI1ortgogor in pO)'lI/elll of OilY indebtedlless secl/red hereby or ill performance 0/011)' ogreell/ent hereunder, Ille riglll to collect (filii reloill sllch
renls, issues 1iI/(1 propls UpOIl allY sllch de/mdt, Il10rlgagee may at allY lime \I'itflOlllllotice, eitller ill person, by ogent or cUllrt IIIJj!oilllc'd receiver, IIlId
lI'ithout regard 10 tile adequacy ofont·' sect.rity /01' Ihe indebledlless hereby secllred, ellieI' upon olld tllke possession ofsoid pruperly or OilY port thereof,
ill his O\I'n IIWlle slfe for or othenvise colleel such rellts, issl/es ollllprojìts, incflldill,\!, tllOse past due 01111 II lipoid, olld Uflf)ly Ille some, less costs ond
expells,'s %perotion and collection. includillg reasollah!e allorlley'sfees, I/pOIl UII)' illdebledness seclln:d hereby. IllId ill sl/ch orela liS ,\/ortgogee II/IlY
determille. The ellterillg IIpon alld hlkillg possessioll uf suid property, the collection ofsl/ch renls, issues ond projìts alld Ihe Opf)ficotioll thereofos
ajbresllid, shol/llOI cure or lI'uive any de/illdl herellnder or illvlllidote Ilny IICt dOlle fJlfrSuallt to I/IIY sllcll defilillt lIotice.
12. DU/~' ON SiILE: The illdehtedlless IIlId obligatiolls secllred by Ihis II/ortgage is personol to the Morlgagor ol'/(f is lIolassigllahle ¡\(ortgogor.
Mortgagee hils relied IIpolllhe credil o/Mortgagor, the in Ie res I o/Mortgllgor in the Properly IIlId Ihejìnllllcial /!IC/rket com!ilioll.l· the II nistillg \I'hen
mllkillg Illis loan. I/Mortgllgor lrumj"en' or cOlltmcts 10 Irwufer, litle to or possession of, alf or pari a/the Properly, or ony eql/itoble in/erest there ill,
whelher by deed. cOlllritct for deed. IIssigllment, leose jl)r a IeI'm in excess of o/Je year, lease wilh WI oplionlo pllrcllC/se, o[iliulI to pl/l"clwse, Or similar
IIgreell/enl: or ij'the OIl'IIersltip orany corporatioll or parlners/JI/). OH'¡Jillg 1111 or allY porlion oflhe Properly sholl be cI/(/lIged either by volllntmy or
illvofuntllry sole or Irwl,lfer or by operlllion of loll', Alorlgogee may declare off .1'11111.1' dlle under any Jlole, security ogreemenl, olld/or 10011 doculI/ellls
IISsocill!.:d herewilh, immediately dl/e and payable. NOllcompliaJlce Il'ilh this covenullt shall cOllstitl/te olld he {I deji!/llt oflhis obligu/ioll whiclt shall
ell title Mortgagee 10 ejj"ectl/ale IlIlY ond 1111 remedies provided.
13. Tillie is oflhe essence IInd a uWlerial pari oflhis agreemenl. /n Ihe evenl o/defmrll, Ihe enlire imlebledlless secured Ilaehy sholl fi)rl/l\l'ith become
due olllf payable olld bellI' illlereslos described ulld sel forlh inlhe ,l\lole Ihis Morlguge secures. Morlgllgee sholl hove tile IIghllo jc)reclose tile lien 0/
Ihis morlgoge, to hove u receiver oppoillted in wlY courl proceedillg, 10 coffect any rents, issl/es ulld pro/Îls/rolll Ihe Properly and oiJply them oguinsf Ihe
illdebtedlless hereby secured: 10 sell tile Properly ot foreclosure en JIIasse, or as olle 101 or purcel ulllte optioll of JI./ortgogee, and 10 exercise 01/.1' rights
alld rell/edies oWliloble under tlte (.flli/orm Commercial Code /01' the Stute ill whiclt the properly is locoled: 011£1 reosolloble nolice IIn'lllIired hy such
Code sltall be jìve (5) days.
14. nle Alorlgagé'e mil)' 01 any lime, withoulnolice, release pori ions of said morlgaged premises ¡¡'O/ll Ihe lien of Ihis morlgage, ,,'ilhout ojjècl iJig Ihe
persollalliabililY o/aJiY persollfor Ihe pllyment oflhe solei indebledness or Ihe /ien of this morlgage UpOIl the rellullnder o/Ihe morlgoged premises/or
thefirlf (IInO/lllt of said indebtedness Ihell re/llaining unpaid.
15. Morlgagor and each oflhem joill ill Ihis illstrll/llenl for Ihe purpose of subjecting each oflheir righi, title and illlerest, I/any. in Ihe Property,
¡I'hether ofrecorel or olherH'ise and ine/uefillg any righllo possession, 10 the liell oflhis morlgage.
16. This mortgage, 01/ loan doculllents amllhe nOle(s) secured hereby shllll be govemed ulld conslrued {/cconhng to the 1011'S of II Ie SWie o/II-)'oming
fnlhe evenl ofdefoult, Mortgagor grants 10 Alorlgugee a P01ver of So Ie 10 ji)reclose 011 olld self said property 01 public IIIlclion pllrslfant 10 U)'ollling
Slatute Seclioll 34-4-101 el:seq.
f 7. This lIIortgage applies to, inwes 10 Ihe benefil of and billds all parlies hereto, Iheir heirs, devisees, personal representatives, successors olld
assigns. ?'lJe terlll il/ortgagee shal/meall the holder am{ OWller of the note secured hereby: or !fthe nore hils been pledged. (he pledge" thereof In Ihis
II/orlgage. wherever the context so requires, Ihe masculine gender includes Ihe/èminine lind/or lIeuler, and the sillglllor lIIullber includes the plurol.
/<e,JI/:'.\'/ale
f\iJwhlllylfl'
Bv:
)
) ss
COUNT)' OF BOillleville )
Oil J I /".1..3 /D~belore me, /he IIlIdersiglled, persollally appeared
Lany JI~illlJ(/rl alld Gerre McClinlick
/
knulo'" or idell/ified to me tu be the Managers uj the /.imi/ed Liability Company that
execll/ed the H'ithin ills/rllmenl alld acknowledged 10 me Ihat said Company
exece~he swne. . .. '
, l'?/lod'-~'Jv-;~'(¡~~
NOlm)' 1'lIbllc/or tile S lie 0/ ,J?¿.t..L.(.l..~
CommissiulI Expim/iulI Da/e: Ll ( 1'-,- /"}-.(.) I /
!... ,,'".C
. . ::..;......~,~"":'..:~, ,....",-.... ~\
I
f
,
¡'/JJ"iY-¡( ": ,/JJO \'"
';
~ I\IU.·, T0!i\{,\~jU,t~L~q '.
j! w,...~!A\ E: Ur- 11)1':,1.;:.;.- v"Y" 'r
Nt'd/ h"s/ult! ¡\i()rlg{/~e (1:99) . llnge 3
Uuwl)/uyIY(
} 1 (:. r.:-) () f' :"
,;()() t