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MHR-15-20Ø6 18:35
SOUTH,EST TITLE CO
307 F.f77 96Ø2
MORTGAGE
THIS MORTGAGE, made thl, 15 Maroh 20011,
by KIMBERLY WOODIE,
of 1243 EAST 4100 NORTH, BUHL, County of TWIN FAl.t.S, State of ID., 8331G,
harelr¡a(ter celled mortgagor,
to JEFFREY ALAN KALLSTROM and DENISE L. KAI.I.STROM,
of PO BOX 421, COKEVILLE, County Of LINCOLN, Sta~ gfWV., 83114,
hereinafter call&<t mortgagee,
WITNESSETH: "fhat said m:;¡rtgagor in consideration of FORTY THR,EE THOUSAND AND OO{100
DOLLARS ($43,000,001 paid by the seld mortQagee doel hereby grant, bargain, 5ell and convey unto said
mortgage. and Ih,;¡tr heIrs and assigns forevl'lr that olrtain real properly situated in Ihe County of LINCOLN.
Stete of Wyoming, bounded I!Ind described as follows, to-wit
A portion of Tnlct 90, To.....nshlp 24 NQrth, Range 119 West of thl 6th PM" Lincoln
Counly, Wyoming, being a part of that tract of l!;Icard In the office of the CierI< of lincoln
County In Book 98PR on page 5159. more pJlrticularly des.cribed as follo_:
Beginning at II point on the Weslerly Right of Way line of U.S. HI¡:hwoy 30 Ncrth. which
point lies North 56",23'00" West 2144,7 feet from Corner No, 2 of said Treot 90; thence
North 11"33'12" WIlt 20a,70 telt along the Westerly right of way line of U.6, HighY;ay 30
North; thence North 69'10'00" Woest 83.00 reet; thence SOLltn 11'33'12" East a distance
of 287,36 feet; thence North 56'24'49" East 87.46 teet to a point on the Westerfy right of
Way line crt US. Highway 30 North; thence North 11"33'1,2" West 28,04 feet along said
right of way line to the Point 01 aeglnning.
i'i
Together with all and singular the tenements, hereditaments and appurtenances thilreunto belonging or In
anywlee appenainlng, and which may after thereto belong or appertain, and any and allti(t\Jr~ upon uld
preml..e. at the time of the 4'):ecution or this mortgage or al any time during the term of this mortgsge.
TO HAVE AND TO HOLD the said premlss$ with the appurtenances unto the said mor..gagee, his heirs
and assigns forever,
This mortgage Is ¡"tanded to ucure the ps)ment of that certain promissory nole of evan date herewith,
whIch GElid note In words and figures 1\$ follows, to-wit;
1, Tha first monthly payment In the amount of 600,00 shall be due and payable
on Or before 111 April 2006, and continuing on the 15th day of eecl1
lucceedlng month until principal, together with accrued Inleresl is paid in full,
aXC6pt that a IInal balloon payment of principal and interest. if not sooner paid.
shill bl! due and payable on the 16 Man:h 2007.
2. A balloon payment In the ameLlnt of $7,500.00 shall also be due on or before
15 J,une 2006.
3. Buyer 1& to refinance by 15 March 2007 or sooner If possible. If Buy..r i.
unable to obtain financing, and Buyer rs Ourrent on III monthly payments and
BUYl!lr has also mede the 8allcon payment due 15 June 2006, Seller wtll, If
necesl!isry, renegoliate the balance due with reasonabl¡, terms.
4, A late fel of $50.00 shall be due on any payment not received within 10 days
of ths due date.
5. ßuyèr Shiill have the rioJhl to pre~y any amount iit ¡¡ny time, without Incurring
any ptepayrnerlt penally,
The Mortgagor warr¡;¡nts that the proceeds of 1h. 10en represented by the aboye described note and th;.
mortg<lge are:
(e)" prfmerfly for mortgagor's personal, family, houlehotd or agricultural purposes (see Important Nobce
below),
(b) for an organization or (eyen If buyer is II nawr.¡ person) ere for business or commercial purposes
other Iha" agricultural purposes.
And said mQrtgagor oovenants to and with the mQrtgagee, his heirs and assigns, that he Is 'awfully
seized 1:'1 flte simple of seid premises and now hIS a vaJld, unenc\.¡mbereo title thereto sUbject or\ly to the
following:
and that he will warrant and foreller defend the sam. against all persona;
That he will pay said note(s) Ind Inltallml;1n!s of Intarest according to the terms thereof;
That while any plrt of said ootl;1(s) remain unpaid, he Will pay all taxes, lsaessments end other charges of
every nature which ma~' b. '.)lied On or agalnlt the said property or thIs mortgage or note($) above described
wher1 due and payable and before the same be('.omea delinquent;
That he WIIJ promptly pay and satisfy sny and 8111~nl or encumbrances: that are or may become lisn¡ on
the premlç8S or ¡¡ny pert thereof superior to thot lien of this mortgage;
Tnat I\e will keep l11e buildingl$ now on or whloh may bl herllafter erected on the premises insured In
RECEIVED 3/21/2006 at 3:38 PM
RECEIVING # 916823
BOOK: 614 PAGE: 760
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
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~1AR-15-20-)6 18: 36
SCUTHJEST TliLE CO
3Ø7 877 96Ø2
flvor of the mortgagee against loss or damage by, /lre,ln the Sum of $43,000,00 with such company or
companlll IS the mortgagee may designate, and v.111' 'hev. all policies of Insurance on Slid property made
payable to the mortgagee as his Inter.st may appear ,lid will deliver aU policies of Insurance on said premises
to the mortgage. as soon as secured; that he wllllleep tl1e buildings and improvements on u1ld premises In
good repaIr Bnd wUI not commit or suffer any waste of said premises.
These premises shall be void If said I'nortgagor sball keep .r.d perform the cOvsnants herein contained
and pay the said note(s) according to lis/their lenol'$, but otherwise shall remain In full force a. I mortgage to
secure the performance of all of SiIIid covenants and payment of said note(s); it Is expressly agreed that a
f¡¡lIure 10 perform any covenant herein, or if proceedIngs of any kInd be taken to foreolose any lisn on said
premises or limy part thereof the mortgagee shall h....e the opportunity to declare the whole amount unpaid on
said note(s) or on this mortgage ot once due and payable, and this mortgage may be foreclosed at any time
thereafter. If the mortgagor shell fail to pay any taxes or charges or any lien, encumbrance or Insurance
premium 81 ebove provldl:.'<J, the mortgagee may at his option do so and any payment so made shall be
added to and become a part of the debt secur~ by this mortgage and shall bflar Interest at the slme rate as
Ihe said note(l) without waiver, however of any right arising to the mortgagee for breach of coven ani and this
mortgage may be foreclosed for principal, Inti rest and all sums paid by the mortgagee at any time while the
mortgagor neglects to repay any sum so paid by the mortgagee, If suit be commenced to foreclose ttlle
mort9~ the attomey's fees provided for In said not'(I) shall be included In the lien of thi& mortgage.
Each end all of the covenants end agreements herein shall apply to and bind the heirs executo/'\!,
administrators, and assigns of said mortgagor, and saId mortgagee respectively, In case suit or action is
commenced to foreclos~ this mortgage the mortgagee shall be entitled to, the appointment of a receiver to
collect the rents and profits arising out of said premIses during the pendence 01 such foreclosure, and apply
the same to the payment of the amount due under this mortgage, first deducting all proper charges and
expenses attending the execution 01 said trust
In construing this mortgage, it is understood that th. mortgagor or the mortgagee may be more than one
pe/'\!on; that il the context so requires, the s'"sular pronoun shall be tqken10 mean and Include the plural, the
mascunne, the feminine end the neuter, and that generally all grammatical changes IIhllll be made, assumed
end implied 10 make the provh¡;ions hereof appty equally to corporations and to individuals.
IN WITNESS WHEReOF, the said mortgagor{s) h.. h.reur,to set her hand(s) and seals the day and year
first above written.
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STATE OF WYOMING, COUNTY OFLINCQLN
On thla~ I/IIIrCh 2oot, cefore me, 1M undersigned, . not.ry
public In .nd fur Slid 11.1., øersQna¡¡y apptar8d
KIMB!IILYWQOOIE
knewn to me to be the personC.) ""'058 name Is sublCrbed Ie the
wkhln Instrumenl, and .cknowledg.d 10 m. thl! she .weeuled 111.
.lnMl.
IN V/lTNI!SS WHEREOF, I have her~unto Sit my hand .nd
amud my oll1c1.1 ...1. the clay .nd yur in Ihil corlirlÇlj,e ßm
above written.
lJa. III )CJ.I\~ Ju&..;
Ne .ry Publ~ oL-. . I' '1.- II' "'..-
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BARBARA JUDD
NOTARY PUBLIC
STATE OF IDAHO
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000761