HomeMy WebLinkAbout917115
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MORTGAGE
Joseph Belloff, .an IDdividual, Mortgagor, to .secure the payment of One Hundred
C\1Y f:j/' ~ i74¡ooo.où '{l?
.seventy~o'u.sand Dollar.s (~) ~thmtere.st thereon ifnot paid in::full
on or before the Maturity date of June 1,2006, .as evidenced in the Promis.sory Note dated
March 24, 2006, pay.able in .accordance with the provisions ofiliat certain promissory
note, rlated March 42006, hereby mortgage lIDd w.ammt IoJlnbertL
McFarland and Cecillii G. McFarland, .and their .successor.s or .assigns, Mortgagee, of
Lincoln County, Wyoming to-wit:
Etna, Lincoln County, Wyoming
SEEATIACHED DESCRIPTIONS marked.as ·~IT 'A'.
1£ default occurs m the payment of the indebtedness or in the p.ayment of.any
installment thereof, or jf default occur.s in .any of the covenants .and .agreements hereof,
then the whole indebtedness .shall, .at mortgagee'.s option, become due .and pay.able
forthwith, .and mortgagee may foreclose this mortgage either by .advertisement .and.sale of
the premises .as provided by statute, or by.an .action in equity. Out of the proceeds of .any
foreclo.sure .sale, mortgagee .shall retain or receive .all.sums due to it.hereunder, .and costs
of foreclo.sure .and .sale mcluding .attorney fees in .any equitable .action brought to
foreclose this mortgage.
To ::fully .assure mortgagee the benefit of the .security intere.sts in the premise.s
granted to it hereunder, mortgagors hereby .assign to mortgagee .all ren1$ hereafter pay1ible
for the me.and occupancy of the premise.s by .any person in possession thereof with
mortgagor.s' consent. If default occurs in.any of the covenants .and ..agreements herein
coníained, whether or not mortgagee elects to foreclo.se this mortgage on .account thereof,
mortgagee .shall.at once be entitled, .and is hereby.authorized, to collect the rents from the
premise.s .and to .applyíhe .same to the payment of the indebtedness .secured .hereby until
.such defal11tisremedied.
In the event of foreclo.sure of this mortgage upon default, mortgagee.shall be
'filltit1ed to the po.ssession.and enj oyment of the premises .and the incident rents, issues,
.and proñts thereof from the íime of .such default .and for .and dnring the pendency of
Mortgage
J o.seph Belloff
~P.age 1 of 2
RECEIVED 3/30/2006.at 11:29 AM
RECEIVING # 917115
BOOK: 615 PAGE: 629
JEANNE WAGNER
LINCOLN COUNTY ClERK, KEMMERER. WY
-~-_.-------.-.,.
0917:t1S
COC630
foreclosure proceedings ßIld íhe period of redemption, if .any. If mortgagors .should :fail 10
.smrender .such possession 10 mortgagee promptly upon its request therefore, mortgagee
may compel delivery thereof by .an ejectmentllCtion or other civil proceeding .appropriate
10 that pllI]Jo.se.
.Furlhennore ßIld in .addition 10 the remedies otherwise provided for in 1his
mortgage.and by law, ßIld.as.a matter of right, without regard 10 the -solvency or
illsolvency of mortgagors, the v.a1ue of the premises, or the .sufficièncy thereof 10
discharge the indebtedness ßIld costs of foreclosure.and -Sale, mortgagee .shall be entitled
10 .a receiver for the premises ßIld the renís, issues ßIld profits thereof::fTom the time of
.default 10 the expir.ation of .any redemptive period provided by law. Such receiver may
be .appointed by.any court of competent jurisdiction upon ex parte .application, without
notice, notice being h:erebyw.aived.and íhe .appointment of.a receiver upon.such
.application being hereby consented 10 by mortgagoLS.
In the :event of d~f.an It, the Mortgagees, .after giving notice 10 the Mortgagor.s, may
:elect 10 foreclose by.advertising the notice of default then proceed with.sale of the
propertyinllCcordancewith Wyoming Statute §34-4-lOl- §34-4-l02 (2005).
Berebyr:eleasing ßIld w.aiving.all rights under ßIld by virtue of the homeste.ad
t:xeJDpunn Jaws nftM State OfW~
WITNESS nlJIJumds1his . day of ï1!t1tL ,2006.
Joseph
STATE OF WYOMING )
) S5.
COUNTY OF LINCOLN )
The foregoing instrument w.as .acknowledged before me 1his ;; Lfr!l day of
March, 2006, by Joseph:Belloff, .anlndividual.
ÆLo-UaJ ~ t1r-..u-
NOTARYJ>UBIlC .. . .
My Commi¡:sionExpire.s: q -)5 -07
Mortgage
J o.seph Belloff
J>4ge2 of2
GLORIA K. BYERS - NOTARY PUBUC
County 01 State of
Uncaln Wyoming
My CommissIon Expires Sept. 15,2007
:::~::~::::~:::~::::::;
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Prolassionalland Surveyors
Paul N, Scherbel
Wyo, Registration No, 164
Utah Registration No, 1610
Idaho Registration No, 3990
Nevada Re9istration No, 6805
Scott A, Sche<bel
Wyo, Registration No. 3889
Idaho Registration No, 8026
Utah Registration No, 372111
MARLOWE A, SCHERBEl
Wyo, Registration No, 5368
Surveyor Scherbel,J.lD,
Alton, Wyoming
Big Piney, Wyoming
Jackson, Wyoming
llva Hot Springs. Idaho
Montpelier, Idaho
:m~r::p,)¡;::
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031?~.15
DESCRIPTION FOR
corS31
ROBERT L. McFARLAND AND CECILIA G.McFARLAND
PARCEL B -ADJUSTED
To-wit: --
Tbatpart oftheNW1,4 of Section 14, T35NR119W,Lincoln County, Wyoming, being part
of iliat 1ract of record :in the Office of the Clerk of Lincoln County :in Book 134 of
Photostatic Records on page 600, described liS follows:
BEGINNING .at 1he .northeast brliSs cap of Lot 2 of Sherwood Subdivision of record :in
said Office liS Plat No. 44-0;
1hence N89°-52'-08"E, 643.54 feet, lÙong 1he north line of said NW1,4, to a point;
-thence SOoo-09'-56"E, 1326.31 feet, 10 a point on the north line of the SE1,4NW1,4 of said
Section 14;
thence SOO°-46'-16"W, 30.00 feet, to.a po:int on.a line parallel with.and offset southerly
thirty (30) feet of Baidnorth line;
1hence S89°-58'-53"W, 930.03 feet, .along Baid parallel line, to 1henortheast point ofiliat
1ract of record in Baid office on Book 3 91 of Photostatic Record on Page 474;
1hence continuing S89°-58'-53"W, 371.00 feet lÙong :the north line of .said 1ract, 10 :the
northwest point :thereof, on the easterly right-of-way line of US Highw.ay 89;
thence NOoo-09'-28"W, 30.00 feet, lÙong said easterly right-of-w.ay line, to the southwest
brliSs cap of Lot 4 of said Sherwood Subdivision;
1hence N89°-58'-53"E, 657.80 feet, lÙong:the south line of said Sherwood Subdivision, to
the southeastbrliSs cap ihereof;
1hence NOoo-09'-28"W, 1325.05 feet, lÙong :the east line of said Sherwood Subdivision, 10
:the BRASS CAP OF BEGINNING;
ENCOMPASSING .an.area of20.49 acres, more or less;
ihe BASE BEARING for this survey is the east line of the NE1,4 of Section 14, T35N
R119W, being NORTII;
SUBJECT 10 easements of record; AND
SUBJECT 10 .an easement for illgress .and egress .and utilities over, under .and across :the
north sixty (60) feet of :the .above described Parcel B - Adjusted; AND
SUBJECT 10 .an easement for ingress .and egress .and utilities over, under .and across ihe
south sixty (60) feet of 1he .above described P.arcel B - Adjusted;
each ~'comer" found liS described in :the Corner Record :filed or to be :filed :in :the Office of
-the Clerk of Lincoln County;
~ ~'point" marked by .a 5/8" x 24" steel reinforcing rod with .a 2" .aluminum cap
:inscribed, ~'SURVEYOR SCHERBEL LlD AFT ON WY PLS 5368", with .appropriate
details;
each ~'brliSs cap" marked by a 2" galvanized .steel pipe with mliSs cap inscribed,
"MARLOWEA. SCHERBELPLS 5368 AFTON WYOMING", with.appropriate details;
"Modification in anyway of the foregoing description terminates liability of the surveyor"
· ._.,~-_._-.--_. ---,-------
Proløssional land Surveyors
Paul N, Schørbøl
Wyo, Registralion No, 164
Utah Registœtion No, 1670
Idaho Registration No, 3990
Nevada Registration No, 6S05
Scott A, Schørbøl
Wyo, Registration No, 3889
Idaho flegistratron No, B026
iJ1ah flegistraüon No. 372111
MAfIlOWE A, .sCHERBEl
Wyo, Registration No, 5368
Surveyor Schørbøl, l.ìD,
Alton, Wyoming
Big Piney, Wyoming
Jackson, Wyoming
lJ¡vaHoI Springs, Idaho
Montpelier, Idaho
091711.::i
.r"M
corS32
DESCRIPTION FOR
ROBERT L. McFARLAND AND CECILIA G. McFARLAND
PARCEL B-ADJUSTED
PAGE TWO
"'Modification in any way of íhe!:m¡!~¡j¡*~!lli¡ng description terminates liability of