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Home My WebLink About922435 ~ ÈbÒ "0,5 4) E ~o ~~~ bQ.... c coo -- ~ ;>I., ~etl V,¡ u 1: .- CI) :::s .... IJJ 0 f"O u §c'" 8~ :a ~t=: -- 8 f;= . == < MORTGAGE 000654 Irby IJnydon ami Jolea Haydon, Husband and Wife, of 22939 Akwo Circle, Wildomar,CA 92595 (herein collectively called 'MORTGAGOR"), to secure the payment of$45,OOO.OO, with interest thereon, as provided in and evidenced by a promissory note of even date herewith (the ultimate maturity date of which is August 25, 2016) and all renewals, modification and extensions thereof, do hereby mortgage unto Hudson L. England and Carol England, Trustees ofthe Hudson L. ond Carol England Family Revocable Trust dated April 26, 2006 of P.O. Box 1478, Afton, WY 83110, (herein called "MORTGAGEE"), the following described real property, situate in the County of Lincoln, State of Wyoming, hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State of Wyoming, to-wit: That part ofthe West Hlllfofthe Southwest Quarter of Section 24, Township 31 North, Range 119 West, Lincoln County, W)'oming being part of those tracts of record in the Officc of the Clerk of Lincoln County in Book 370 of Photostatic Records on page 640 and in Book 570 of Photostatic Records on page 634, described as follows: BEOINNING at the Northeast corner of Tract A-1.1 Revised (2) ofsaid West Halfot' the Southwest Quarter and the Southeast corner of Tract A-2 I~cvised (2) of said West Half of the Southwest Quarter as shown 00 the Hudson L, England and Carol England and Arnie Dunkley Revocable Trust dated 23 JUDe, 2004, Plat of Boundary Adjustment filed December 13,2004 as Instrument No, 905184. thence South 00 South 00°06'43" West, 653.70 feet, aloog the East lineofTRACr A-1.1 Revised (2) of said West Half of the Southwest Quarter, to a point on the South line of said West Half of the Southwest Quarter; thence West on North 119°57'~ West, 268 feet, along the South line of TRACT A-1.1 Revised (2); thence North 653,70 on a straight line to South 89°54'36" West; thence East on South 119°54'36" East, 268 feet III the CORNER 01" BEGINNING. <;) '-~ (q MORTGAGOR agrees to pay the indebtedness hereby secured; to pay all taxes, assessmen~ and charges levied against the property, as the same become due and payable; to secure, maintain and furnish MORTGAGEE evidence thereof, insurance with an insurance carrier or carriers acceptable to MORTGAGEE, covering the insurance improvements on the Property against loss by fire and earthquakes, with extended coverage, in an amount not less than the unpaid balance of the debt hereby secured, or the insurable value (replacement cost) of such improvements, whichever is less, which insurance shall contain an appropriate loss payable provision protecting MORTGAGOR and MORTGAGEE as their respective interests may appear from time to time. In the event MORTGAGOR fails to pay such taxes or assessments, or fails to keep and maintain such insurance as herein provided, MORTGAGEE may pay such taxes and assessments and may secure and pay for such insurance, 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 ofthe 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. RECEIVED 9/13/2006 at 3:15 PM RECEIVING # 922435 BOOK: 633 PAGE: 654 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER. WY r{J ~J:C:: ~ 4:J ~ 000655 MORTGAGOR warrants title to the Property as to parties claiming, by, through or under the MORTGAGOR only, Irby State of CALIFORNIA ) )55. County of RIVERS IDE ) . . The foregoing instrument was acknowledged before me this ~ day of SEPTEMBER Irby Haydon and Jolea Haydon. ~~s my hand and official seal ')J1 - " ~¡tmii;j¡r!¡¡1m¡~!r9 , 2006 by ~~~-~---~--~-~ MARILYN PRICE ~. Commission # 1527007 í -,,; 'Notary Public - California I ~ Riverside County f _ _ _ ~:or:m:...~es_No:I:2~ ~:::~:i::~:::::::;::i ~~~~:::~:1;~:~!