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.~ accuracy conl~'··- - MORTGAGE
TIMOTHY R. JEFFS, OF /'0 f30¡( /3l- f (-'yl,()lfR.¡- ~r'( ;r-3 "P}ífierein
collectively called "MORTGAGOR"), to secure the payment of FORTY NINE THOUSAND FIVE
HUNDRED DOLLARS ($ 4 9 , 5 0 0 . 0 0) , with interest thereon, as provided in and evidenced by
a promissory note of even date herewith (the ultimate maturity date of which is the 1 st day
of January, 2008) and all renewals, modification and extensions thereof, do hereby mortgage
unto DENNIS L. HALE AND JAN HALE, HUSBAND AND WIFE OF P.O. BOX 1616,
AFTON, WY 83110 (herein called RMORTGAGEE"), the following described real property,
situate in the County of lincoln, State of Wyoming, hereby releasing and waving all rights
under and by virtue of the homestead exemption laws of the State of Wyoming, to-wit:
rnO'822
~. J \ .'". ..
RECEIVED 7/10/2006 at 10:01 AM
RECEIVING # 920057
BOOK: 625 PAGE: 822
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Lot 4 of Grunig Meadows, a Family Exempt Subdivision, Lincoln
County, Wyoming according to that plat filed in the Office of the
Lincoln County Clerk, Wyoming recorded January 8, 2004 as Plat No.
101-E, Instrument No. 896489.
114 Meadowlark Lane, Grover, WY 83122
MORTGAGOR agrees to pay the indebtedness hereby secured; to pay all taxes,
assessments and charges levied against the Property, as the same become due and payable;
to secure, maintain and furnish MORTGAGEE evidence thereof. In the event MORTGAGOR
fails to pay such taxes or assessments, as herein provided, MORTGAGEE may pay such taxes
and assessments, and all sums so paid shall be added to and considered a part of the
indebtedness hereby secured and shall draw interest at the same rate.
In case default shall be made in the payment of the above sums 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 of default shall be made in any of the covenants and agreements
thereof, or in the event MORTGAGOR sells or conveys the Property, or any part thereof, or
any interest therein, without the prior written consent of the MORTGAGEE first had and
obtained, then the whole indebtedness hereby secured, with interest thereon, shall become
due and payable, at the option of MORTGAGEE, and MORTGAGEE'S legal representatives and
assigns, may proceed by advertisement and sale/or as otherwise authorized by governing law,
to foreclose on and sell the Property, and out of the proceeds of such sale, MORTGAGEE shall
pay all sums due hereunder, together with all costs of sale including reasonable attorney's
fees. If the proceeds of the foreclosure sale are insufficient to pay the indebtedness hereby
secured and foreclosure costs, MORTGAGEE shall be entitled to a deficiency judgment.
In the event of any default whereby the right of foreclosure occurs hereunder,
MORTGAGEE shall at once become entitled to exclusive possession, use and enjoyment of the
Property, and to all rents, issues and profits from the accruing of any such rights and during
the pendency of the foreclosure proceedings, and the period of redemption, if any there be.
Witness au' hands this 8z\+ì day of June. 2006., . . Æ:: ~V
~ . 'FioIothv R. Jeffs
State of Wyoming )
. )ss
County of ~\n )
The foregoing instrument was acknowledged before me by Timothy R. Jeffs this ~ day
of June, 2006.
Witness my hand and official seal.
My Commission Expires: .éi:J ~ ~q
~~--m~d_
Notary Public
BRANDlE MCDONALD NOTARY PUBLIC
COUNTY OF ~ STATE OF
LINCOLN ., WYOMING
MY COMMISSION EXPIRES FEB. 13, 2009
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