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HomeMy WebLinkAbout921455 60499 (04) 000644 "2- Name: Address: Tracy Diane Thompson 304 N. Stone Moutain Drive St. George, UT 84770 RECEIVED 8/18/2006 at 10:18 AM RECEIVING # 921455 BOOK: 630 PAGE: 644 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY WHEN RECORDED RETURN TO: MORTGAGE Andrew S. Hokanson, a married man, Mortgagor of Spanish Fork, County of Utah, State of Utah, hereby mortgage to, Tracy Diane Thompson Mortgagee of 304 Stone Mountain Drive, St. George, Utah 84770 for the sum of $150,000.00 the following described tract of land in Lincoln County, State of Wyoming, hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State, to wit: Unit 1-3 of The Condos at Valli-Vu Buildings 1,2 & 4, Lincoln County, Wyoming, according to that Plat filed June 8, 2006 in the Office of the Lincoln County Clerk as Plat No. 240-A This mortgage is given to secure the following indebtedness: one note of even date herewith for made pay.able at the times and place and at the rate specified in the note This mortgage is intended to cover the rents and profits of said property, and consent is hereby given after default, for the appointment of a receiver by any competent court and the receiver is hereby authorized to rent the said property and apply the proceeds on this obligation. The Mortgagors agree to keep the buildings now on said premises or hereafter erected thereon fully insured against loss by fire in some fire insurance company approved by the mortgagee, with loss, if any payable to mortgagee, during the life of this mortgage. The Mortgagors also agree to pay all taxes and assessments on said premises, including any assessments that may be levied 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 reason of this mortgage or the debt secured thereby, and reasonable attorney's fees in case of foreclosure, or the commencement of any legal proceedings for foreclosure of the same, and said attorney's fees shall be added to the amount due on this mortgage, and made a lien on the premises described herein. In case of default in the payment of any sum covenanted to be paid, either the principal or interest when the same shall become due and payable, or in case of default in the performance 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 rate of 10 percent per annum from the date of such default, and this, mortgage foreclosed at the option of the legal holder. In the event of default, Mortgagors grant to Mortgagees a Power of Sale to foreclose on and sell said property as public auction pursuant to 34-4-101 et seq. Wyo. Stat., 1977, or its successor. Signed in the presence of 'WllNESS the hand ~o" thl'. ~ . Andrew S. Hokanson /4 day or:;( , r;~& . rr¡j ^~ Hol - . Jm;on . STATE OF UTAH COUNTY O~ lAtah On this --1!L- day of~, 1l>b l2 , personally appeared before me, Andrew S. Hokanson and Holly A. Hokanson who acknowledged to me that he/she/they executed the same. ) ) ss. ) Witness my hand. and official seal. -' S1f.PtWME SCt\UMMK .~ !!!i IOTAIT røuc' STATE "~AH . 724 EAST 3tH NOR 04 .:¡~~4-~lOIO COURTESY RECORDING This document is being recorded solely as a courtesy and accommodation to the partIet therein. land Title Co. HereÞr expressly disclaims any responsibility or liability for the accuracy content thereof. Land Title Company File Number: 60499 Mortgage - Buyer lnd Page I 1 ':;}~i~t[L;'