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000690
MORTGAGE DEED
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William Paul Crompton, and Pamela Dawn Crompton, of Afton, Lincoln County
Wyoming, to secure the payment of Twenty-Five Thousand dollars and .00/100 ($25,000),
due on or before June 30,2011, with interest from July 3,2006, at the rate of Six Percent
(6%) per annum, payable in accordance with the terms of a certain Promissory Note of
even date herewith, evidencing said indebtedness, do hereby mortgage to Ron T. Potter
and Gayla D. Potter, Trustees of the Potter Family Revocable Trust, dated November
19,2003 of Afton, Lincoln County Wyoming, the following described real estate, situated
in the County of Lincoln, in the State of Wyoming, to-wit:
Lot 9 of South Afton Third Addition to the Town of Afton, Lincoln County,
Wyoming as described on the official plat filed June 3, 2005 as Instrument
No. 908928 of the records of the Lincoln County Clerk.
TOGETHER WITH all improvements, appurtenances, hereditaments and all
other things thereunto belonging or in anywise appertaining.
SUBJECT, HOWEVER, to all easements, rights-of-ways, reservations,
restrictions, conditions of record, and existing or future oil and gas and/or
other mineral leases, or existing mining, mineral and other reservations, now
of record, or otherwise affecting said lands.
The Mortgagor agrees to pay the indebtedness hereby secured, and to pay all taxes
and assessments on said premises and to keep the buildings thereon insured in a sum not
less than the unpaid balance due hereunder during the life of this Mortgage, in favor of and
payable to the Mortgagee, and in case the Mortgagor shall fail to pay such taxes and
assessments and to keep the premises insured, as aforesaid, the Mortgagee may insure
said buildings and pay said taxes and assessments, and all sums so paid shall be added
to and considered as a part of the above indebtedness hereby secured, and shall draw
interest at the same rate.
In case default shall be made in the payment of the above sum hereby secured, or
in the payment of the interest thereon, or any part of such principal or interest, when the
same shall become due, or in case default shall be made in any of the covenants and
agreements hereof, then the whole indebtedness hereby secured with the interest thereon
shall become due and payable, and the Mortgagee, their legal representatives or assigns
may proceed to foreclose this Mortgage by advertisement and sale of the above-described
premises, at public vendue, for cash, according to Wyoming Statutes governing mortgage
foreclosures, and out of the proceeds of such sale he shall pay all sums due hereunder,
together with all costs of sale and foreclosure, including reasonable attorneys' fees.
HEREBY relinquishing and waiving all rights under and by virtue of the homestead
exemption laws of said state.
RECEIVED 7/6/2006 at 3:42 PM
RECEIVING # 919998
BOOK: 625 PAGE: 690
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Page 1 of 2
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~0919998
000691
This Mortgage is subject and subordinate to a Mortgage of even date herewith given
by the Grantors in favor of Bank of ~tar Valley to secure an amount of $241 ,000.
IN WITNESS WHEREOF, the Mortgagor has caused these presents to be signed
this -3 day of July, 2006
'~h
STATE OF WYOMING )
)55.
COUNTY OF LINCOLN )
The foregoing instrument was acknowledged before me by William Paul
Crompton, and Pamela Dawn Crompton, this L3 day of July, 2006.
WITNESS my hand and official seal.
~tnúèuN. ~
otary Public
GLORIA K. BYERS - NOTARY PUBUC
County of State of
Lincoln Wyoming
My Commission Expires Sept. 15,2007
Pa~.... ~ ....f 2