HomeMy WebLinkAbout936723
RECEIVING # 936723
BOOK: 685 PAGE: 694
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
6010716291
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MORTGAGE
000694
Leoaard Mark KeeUng, ill aad Joyce M. KeeUag, Busbud and Wife as tenants by
the eatiretles, of 4936 West Mandan Ave West Valley, lIT 84120, (herein collectively
called 'MORTGAGOR''), to secure the payment of $365,000.00, with interest thereon, as
provided in and evidenced by a promissory note of even date herewith (the ultimate
maturity date of which is April 30, 2008 ) and all renewals, modification and extensions
thereo~ do hereby mortgage unto Bruce M. Davis of P.O. Box 946 Afton, WY 83110
(herem called "MORTGAGEE''), the following described real property, situate in the
County of Lincoln, State ofWY, hereby releasing and waiving all rights under and by
virtue of the homestead exemption laws of the State ofWyommg, to-wit:
A portion of the property as referred to in the Deed recorded In Book 493PR, on Page
384, with the Office of the Clerk of Llncoin County. within the Southwest Quarter of
the Southeast Quarter of Section 7 and the North Half of the Northeast Quarter of
Section 18, TOWDShlp 33 North, Range 118 West, of the 6" PM., Lincoin County,
Wyoming, the Metes and Bounds being more particularly described as foUows:
BEGINNING at B,L.M. Type Monument markIDg the Lloyd B. Baker PE/LS 698, 1998
location for the Northeast Corner of said Southwest Quarter of the Southeast Quarter;
thence South 0°39'34" West, along the East line of said Southwest Quarter of the
Southeast Quarter, 1,305.24 feet to the B.L.M. Type Monument marking the Lloyd
B. Baker PEILS 698, 1998 location for the Northwest Corner of the Northeast
Quarter of said Northeast Quarter;
thence South 89"44'44" East, along the North line of said Northeast Quarter of the
Northeast Quarter, 238.10 feet to an Aluminum Cap on an Iron Pipe;
thence South 0° East 1,089.27 feet to a point In the approximate Center Line of WIDow
Creek;
thence Westerly, along said Center Line the foUowlng:
Sonth 81°49'51" West 12.03 feet, North 89°37'01" West 113.11 feet,
North 42°11'51" West 151.88 feet, North 75°42'55" West 129.13 feet,
North 88°15'58" West 91.54 feet, North 77°14'31" West 118.66 feet,
North 51°11'39" West 273.89 feet and North 67°31'12" West 43.05 feet;
thence North 0° East 2,039.57 feet to an Aluminum Cap on an Iron Pipe marking a
point In the North Une of said Southwest Quarter of the Southeast Quarter;
thence South 89°33'15" East, along said North Une, 589.54 feet, to the Point of
Beginning.
MORTGAGOR agrees to pay the indebtedness hereby secured; to pay aU taxes,
assessments aad charges Jevled against the property, as the same become due and
payable; to secure, maintain aad furnish MORTGAGEE evidence thereof,
insurance with an Insurance carner or carriers acceptable to MORTGAGEE,
covering the insurance improvements on the Property against loss by fire aad
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 Insuraace shaD contain aa appropriate loss
payabJe provision protecting MORTGAGOR aad MORTGAGEE as their
respective Interests may appear from time to time. In the event MORTGAGOR
fails to pay such taxes or assessments, or faUs to keep aad maintain such insurance
as herein provided, MORTGAGEE may pay such taxes and assessments and may
secure aad pay for such insurance, aad all sums 50 paid shaD be added to aad
considered a part of the indebtedness hereby secured and shaD draw interest at the
same rate.
In case default shall be made in the payment of the above sums hereby secured, or m the
payment of the interest thereon, or any part of such principal or mterest, 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 thereo~ or any interest therein, without the prior written consent of the
MORTGAGEE first had and obtained, then the whole mdebtedness hereby secured, with
interest thereon, shall become due arid 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,
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000695
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 deficìency 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 ftom the accrumg of any such rights
and dwing the pendency of the foreclosure proceedings, and the penod of redemption, if
any there be,
MORTGAGOR warrants title to the Property as to parties claiming, by, through or under
the MORTGAGOR only.
Witness our ban thIS ~ day of
State of ~.... )k )
, !:~
eo""yof S-ruI _) :¥" ~
The forcgomg Instrument was acknowledged before me thJ~ day of .2008,
by Leonard Mark Keelmg, ill and Joyce M. Keehng
, JOSE LOA YZA
a.'rm_IUlJC.STAÆalUT....
, it e '5663 South Redwood Road #2
'., " TaylorsvUIe, UT 84123
· MY COMMISSION EXPIRES: 08-14-2010 .
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DEC. 2/. 2007 3: 50PM
ALLIANCE TITLE&ESCROW
NO. 2610 p, -9/10
000696
Exhibit A
FiJe 6010716291 Description
The :!and referred to in this dOC111I1ent is situa~d :in the State of Wyoming. County of Lincoln. and is
dðScribcd as foll-owa:
A portion of the property as referred to in the Deed recorded in Book 493PR, on Page 384~
With the Office of tbe Clerk of Lincoln COUDty~ wfflün the Southwest Q.uarter of the Southeast
QUO!ll1er o(Section 1 and the Nortli.;aaJl' of the Northe3lt Quarter of Section ,18; T01VMSÞlp 33
Nortb, :Range 11S.West, ottbe. j'h P.M.. Lincoln County,- Wyomi;Qg. théMetes and Bounds
being.more particularly described as follows:
BEGINN:UiQ at B.L.M. Type MO;QwnentllUlrking-the Lloyd B. Baker PEILS 698,1998
location for the Northeast Comer oC said Southwest Quarter of1he Southeast Quarter;
thence s.outh 0°39'34" West, along the East lloe, of sâid Southwest Quarter of the Soutbea.!lt
Quarter~ 1,305.24 feet to the B.L.M. Type'Monument marking the Lloyd B. Baker PE/LS
698, 1998 }Qcation Cor tbe Northwest Corner of the Northeast Quarter of "said Northeast
Quarter;
thence South 89"44'44" East, along th& North line of said Northeast Q~ of the Northeast
Quarter, 23S~l 0 feet to an Aluminum. Cap on an Iron lipe;
thence South 0° East 1,089.27 feet to a point in tJlI!~.pproximate Center Line of Willow ~;
tb.ence We.stwly~ along SlIid Center Line the following:
South 81°4St'5:t" West :1.2.03 feet, North 89°37JOl" West 113.11 feet,
North 42°11 '511) West 1.Sl.88 feet, NOrth 75°42~SS" West 1:t9.13 feet,
Nortb 88°15'"58" 'West 91.54 feet, North 77V14'31" West 118.6ó feet,
North Sl~U 139» West 273.89 feet and North 67°3ì '12" West 43.05 feet;
thence North 00 East ~039.57 feet to an Aì~um Cap on aD Iron ~pe ma.rklng a point in the
North line of said Southwest Quart.er Qfthe Southeast Quarter;
thence South 89°33'15" East, along said North Jinf, 589.54 feet, to the Point of BegiDDinr;.