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MORTGAGE DEED
RECEIVED 6/20/2UU { at 11 :¿::> ,",IVI
RECEIVING # 930527
BOOK: 662 PAGE: 775
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
)00775
Leonal Alarcon and Tena Alarcon, Husband and Wife, mortgagors, of Lincoln County, State of Wyoming, to
secure the payment of
NINETY THOUSAND AND NO/I00 DOLLARS, due July 1,2017 with interest thereon at the rate of
EIGHT percent per year (said sum, and the interest thereon, being referred to as the "indebtedness"),
payable monthly in accordance with the provisions of that certain Note, dated June 18,2007, hereby
mortgage and warrant to mortgagee, Lincoln-Uinta Revolving Loan Fund of Uinta County, State of
Wyoming the following described real estate, situated in the county of Uinta, in the State of Wyoming, to-
wit:
A tract of ground located in and being part of the Northwest Quarter of Section 13, Township 21 North,
Range 116 West of the 6th P.M., Lincoln county, Wyoming, also being part of the Foothills Trailer Park of
the Town of Kemmerer, being more particularly described by metes and bounds as follows:
See exhibit A attached.
Mortgagors agree to pay the indebtedness according to the terms of said Note, and, during the life of this
mortgage, to pay all taxes and assessments on the premises and to provide adequate hazard insurance policies
covering fire and extended coverage and such other hazards as may be deemed appropriate in amounts and
form sufficient to prevent mortgagors crom becoming a co-insurer and issued by companies satisfactory to
the Lender, with the proceeds thereof made payable to the mortgagee. If mortgagors fail to pay such taxes or
assessments or fail to keep the premises insured, mortgagee may pay the same and may insure the premises,
and all sums paid by mortgagee for such purposes shall be added to and considered as a part of the
indebtedness and shall draw interest at the same rate.
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If default occurs in the payment of the indebtedness or in the payment of any installment thereof, or if default
occurs in any of the covenants and agreements hereof, then the whole indebtedness shall, at mortgagee's
option, become due and payable forthwith, and mortgagee may foreclose this mortgage either by
advertisement and sale of he premises as provided by statute, or by action in equity. Out of the proceeds of
any foreclosure sale, mortgagee shall retain or receive all sums due to it hereunder, and costs of foreclosure
and sale, including reasonable attorney fees.
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To fully assure the mortgagee the benefit of the security interest in the premises granted to it hereunder,
mortgagors hereby assign to mortgagee all rents hereafter payable for the use and occupancy of the premises
by any person in possession thereof with mortgagors' consent. If default occurs in any of the covenants and
agreements herein contained, whether or not mortgagee elects to foreclose this mortgage on account thereof,
mortgagee shall at once be entitled, and is hereby authorized, to collect rents crom the premises and to apply
the dame to the payment of the indebtedness secured hereby until such default is remedied.
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In the event offoreclosure of this mortgage upon default, mortgagee shall be entitled to the possession and
enjoyment of the premises and the incident rents, issues, and profits thereof from the time of such default and
for and during the pendency of foreclosure proceedings and the period of redemption, if any. If mortgagors
should fail to surrender such possession to mortgagee promptly upon its request therefor, mortgagee may
compel delivery thereof by an ejectment action or other civil proceeding appropriate to that purpose.
Furthennore, and in addition to the remedies othelWise provided for in this mortgage and by law, and as a
matter of right, without regard to the solvency or insolvency of mortgagors, the value of the premises, or the
sufficiency thereof to discharge the indebtedness and costs of foreclosure and sale, mortgagee shall be
entitled to a receiver for the premises and the rents, issues and profits thereof from the time of default to the
expiry of any redemptive period provided by law. Such receiver may be appointed by any court of
competent jurisdiction upon ex parte application, without notice, notice being hereby waived and the
appointment of a receiver upon such application being hereby consented to by mortgagors.
Hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State of
Wyoming.
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Witness my hand this _ J
day of June, 2007
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LEONAL ALARCON
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TENA ALARCON
State of Wyoming
County of Lincoln
The foregoing instrument was acknowledged before me by Leonal Alarcon and Tena Alarcon this
~ day of June, 2007.
Witness my hand and official seal.
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MY_m;";on"p~i~ :LO~
KATHY VASEY· NOTARY PUBUC
ccumGP &\ I1'A1E (IF
IJNCOLI _ Wt'OMINI
MVCOMMISSION EXPIRES 0cIDIIIr15, 2008
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Q00777
LEGAL DESCRIPTION
EXIDBIT 'A'
Order No: 6010715509
A tract of ground located in and being a part of the Northwest Quarter of Section 13,
Township 21 North Range 116 West of the 6th P.M., Lincoln County, Wyorrúng, also
being part of the Foothill Trailer Park of the Town of Kemmerer, being more
particularly described by metes and bounds as follows:
COMMENCING at the Northeast corner of said Foothill Trailer Park, thence South
89°59'30" West, 954.89 feet to the easterly boundary ofthe U.S. Highway 189 Right-of-
Way;
thence South 04°32' West, 534.19 feet along said easterly Right-of-Way boundary;
thence North 85°28' West, 50.00 feet along a jog in said easterly Right-of-Way
boundary;
thence along said easterly Right-of-Way boundary along a curve to the right, the radius
of which is 1502.66 feet, a distance of 12.55 feet through a central angle of
00°28'43" to the POINT OF BEGINNING;
thence South 89°41'46" East, 149.73 feet;
thence South 02°25'44" West, 142.19 feet;
thence North 89°06'31" West, 158.09 feet;
thence North 04°31 '15" East, 52.48 feet;
thence along a curve on said easterly boundary of U.S. 189 Highway Right-of-Way
88.69 feet through a central angle of 03°22'54" to the POINT OF BEGINNING.
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