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HomeMy WebLinkAbout918638 ,;"fJ::¡t " 4""" ~,; :.~:¡{ r"'," ;.; ,', .. , , "" ·.'::;;:>;:;~:I;· ,(I,.~' :.,:,..' Fax froJII 3B7 733 6186 B5-17-B6 12:39 Pg: 13 ~ OQ0771éJ 60162 (01) Name: Address: Northstar Corporation PO Sox 3048 Alpine, WY 83128 RECEIVED 5/22/2006 at 9:55 AM RECEIVING # 918638 BOOK: 620 PAGE: 771 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, .""'! WHEN IU:CORDED RETURN TO: MORTGAGE WYO/MCS, LLC, a ~~2lg.~Kted Liability Company Mortgagor ofPittsblU'thState ofPennsylvarua, hereby mort~ag~ to Northstar Corporation, n Wyoming Corporation. Mortgagee of PO Box 3048 Alpine, WY 83128 for the sum of Three Hundred Thousand dollars and Zero cents ($300.000.00) the following descn'bed traCT of land in Lincoln County, State of Wyoming, hereby releasing and waiving all rights under and by virtue of the homestead exemption taws of the State, to wit: Lots 6, 7 & 9 Palisade, Pines Amended Subdivision, Lincoln County, Wyoming, according to that plat filed May ....!..L, 2006 in the Office: of the County Clerk, Plat No. 81-J . <, This mortgage Is given to secure me following indebtedness: one note of even date herewith for $300,000.00 made payable at the times and place and at me rate specified in the note This mortgage Is Intended to covcr llíe rents and profits of $aid property. III1d consent is hereby given after default, for the appointment of a receiver b)' any competent e01l1'! and the receiver Is here:by all\horized to rent tbe :;aid propeny and appl)' the proceeds on this obligation. The Mortgagors agree to keep the buildings now on said premises or hereafie1' erected thereon fully insured against loss by fire in some fire: Insurance company approved by the mortgagee. with loss. if an)' payable to mortgagee. during the life of this mortgage. The Mortgagors also agree to pay an ta.xes and a:!St!$Stnems on said premIses, Including any assessments that may be le,ied 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 ~ason of this mOl'lgage or the debt secured thereby. and reasonable attorney's fees in case of forec1o$llJ'c, or the commenCement of any legal proceedings tor foreclosure of the same, and ~aid attorncy's fees sholl be added to \he amount due on this mortguge. and made a lien on the: premises described herein. In case of default in the payment of any sum covenanted to be paid, cither the principal or interest when the same shall become due and payable, or In C8SC of def1\ult in tIle: pmonnonce 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 ratc of 10 percent per III1nlull trom the dale of sue:h defaul\' and this , mOrl¡age foreclosed at the option of thc legal holder. tn the event of default, Mortgagors emul to Mortgagees I Power Of Sale to fOreClose on and sell said propeny lIS public auction pl1rsuant to 34-4-10 t et seq. Wyo, Stat., t 977. Or its successor. Signed in the presence of WITNESS the hand of said Mortgagor, this 12th day of May, 2006. ~ þ~ M '-' David P. McSorley, Manager A OF7¡ ~L ~ )ss. COUNTYOFAt~~ ) On this 12th day of May, 2006, peno Iy appeared before me, Mary H. McSorley and David P. McSorley. Managers of WYO, MCS, LLC, a Wyonúng Limited Liability Company who acknowledged to me that he/sbclmey executed the same on behalf of saiqlimiteà li!ibility CQmpany. WItness l1an.!i and 0~1 seal. . '.C.',, ". ',ilc.... '~\;;.." '.,...", tI ~ ~. '!""it' ..... ) ,.": Notarial Seal _ ,~ \\".-: "." ", \",Em~yTutlle, NotaryPublic Notary Pu?h~: "'þ'iI)'~ PlitSburgh, Allegheny County My COtnmlsSIO ~ C8rnmlaslon Expires July 16. 2006 Mem?-~~_ ê~n.ylvllnla Association or Notaries . ....J 't ~ .... ..~"'.l !'.. . ~ ..'b'.. ~.' ,\'.. . ......~"Y .:-t ......., . (,) ,', . '.. .::J , ... ,,". / 'I". ,,\ / "'flUlli"\\\\\ ,/ Land Title ÇOmp!IIY File Numbet: 60162 Mort;alc . Bu)'cr Ind P8&. I of! ,- '