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HomeMy WebLinkAbout937795 RECEIVED 3/25/2008 at 11: 16 AM RECEIVING # 937795 BOOK: 690 PAGE: 364 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY HICkM~ knd lìtle =- (9mpany SINCE 1904 WHEN RECORDED RETURN TO: Name: Address: Felicia Oldfather 2679 Sunnygrove Mckinleyville, CA 95519 000364 MORTGAGE DEBORAH PATTERSON, a single woman KENT WRANIC, a single man, Mortgagor of Jackson, County of Lincoln, State of Wyoming, hereby mortgage to FELICIA OLDFATHER, Mortgagee, of2679 Sunnygrove Mckinleyville, CA 95519 for the sum of Two Hundred Fifty Thousand dollars and Zero cents ($250,000.00) 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: ~ Lot 244 of LAKE VIEW ESTATES, TRACT "A", a subdivision of the S ~ SE Y4 of Section 29, Township 37 North, Range 118 West, 6th P.M., Wyoming according to the plat recorded in the Office of the Lincoln County Clerk. This mortgage is given to secure the following indebtedness: one note of even date herewith for $250,000.00 made payable 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 sòme 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 ITom 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 WITNESS the hand of said Mortgagor, this ~\. ~"--- day of ~~~ C\'" ,lcD~. /ß,jnLè ~ DEBORAHPA ERSON ~L0C~ KENT WRANIC STATE OF WYOMING ) ) ss. COUNTY OF TETON ) ûn ù1Ïs L '-\ ~ay of ~ ~ , "l.OOc:., , personally appeared before me, DEBORAH PATTERSON and KENT WRANIC who acknowledged to me that he/she/they executed the same. Witness m~_hand and 0£F\cial seal. ~~ ~Sc- ~ ..111111...111111111111111111.......... : Melissa Capener-Notary Public : Notary Public: -\U- ~0,^-- ~_-\: : My commission expires :: County of State of æ - Teton Wyoming : - - - - :: My Commission Expires 5/24/2008 : ~..................~.................. Land Title Company File Number: 6]901 Mortgage - Buyer Ind Page 1 of 1