HomeMy WebLinkAbout874727 MORTGAGE
GEORGE J. OZGA, JR. and DEBRA A. OZGA, husband and Wife
Mortgagors of Thayne, County of Lincoln, State of Wyoming, hereby mo?tgage to
MICHAEL R. KOCHA, TRUSTEE of the HACIENDA TRUST dated Februmy 21, 1992
Mortgagee of PO Box ~, Thayne, WY 83127 ~OOK
for the sum of Sixty-five Thousand Dollars and NO/100 ($65,000.00)
the following described tract of land in Lincoln Count},, State of Wyoming, hereby releasing and waiving
all rights under and by virtue of the homestead exemption laws of the State, to wit:
Lot 4 of Bear Hollow Twin Homes Subdivision, Lincoln County, Wyoming according to that plat filed
June 20, 2000 in the Office of the Linaoln County Clerk as Instrument 866535 and Plat No. 393.
THIS MORTGAGE IS NOT ASSUMABLE.
This mortgage is given to secure the following indebtedness:
One note of even date herewith for $65,000.00 made payable at the times and place and at the rate of
interest 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 fidly 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 att.orney's fees in case of foreclosure, or the commencement of any legal
proceedings tbr foreclosure of the same, and said attorney's fees shall be added to the amount due on this mortgage, and made a lien on tile
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, tile whole amount of thi~
indebtedness secured herein may be immediately declared due and payable, and to bear interest at the rate of 10 percent per annum ftom
the date of such default, and this, ~nortgage foreclosed at the option of the legal holder. In tile 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.
WITNESS the hand of said mortgagor, this 20th day of July A.D. 2001
Signed in the presence of
Debra A. Ozga
State ofWyoming }
County of Teton }
On the 20th d,ay of July A.D. 2001, personally appeared before me, George J. Ozga; Jr. and
Debra A. Ozga the signers of the within instrument, who duly acknowledged to me that they executed
the same.
Notary Public
Comnfission expires: 6i}" t ~[-'OL~
Residing in: O/q ~O'/k.t O,3~
LAND TITLE COMPANY