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6010816722
000008
MORTGAGE
Hal Titensor and Nyla Titensor, Husband and Wife, of P.O. Box 773 Afton, WY
83110, (herein collectively called 'MORTGAGOR"), to secure the payment of
$150,000.00, with interest thereon, as provided in and evidenced by a promissory note of
even date herewith (the ultimate maturity date of which is May 5,2013) and all renewals,
modification and extensions thereof, do hereby mortgage unto Alvin L. Robinson and
Alice L. Robinson, Trustees of the Alvin and Alice Robinson Family Trust dated April
10, 1997 of PO Box 677 Afton, WY 83110 (herein called "MORTGAGEE"), the
following described real property, situate in the County of Lincoln, State of WY, hereby
releasing and waiving all rights under and by virtue of the homestead exemption laws of
the State of Wyoming, to-wit:
Beginning at a point South West Corner of Lot 2 in Block 3 ofthe Town of Afton, and
running thence North 145 feet;
thence East 330 feet;
thence South 15 feet;
thence East 110 feet;
thence South 130 feet;
thence West 440 feet to the Point of Beginning.
ALSO:
Part of Lot 1 of Block 3 of the Town of Afton, Lincoln County, Wyoming described as
follows:
Beginning at the Northwest corner of said Lot 1 and running thence East 140 feet;
thence South 200 feet;
thence West 140 feet;
thence North 200 feet to the Point of Beginning.
ALSO:
Part of Lot 2 of Block 3 of the Town of Afton, Lincoln County, Wyoming described as
follows:
Beginning at the Northeast corner of said Lot 2 and running thence West 165 feet;
thence South 185 feet;
thence East 165 feet;
thence North 185 feet to the Point of Beginning.
LESS AND ESSCEPT the land described in Warranty Deed recorded September 29,
1998 in Book 418PR on page 566 of Lincoln County public records.
LESS AND ESCEPT the land described in Warranty Deed recorded November 10,
1999 in Book 438PR on page 143 of Lincoln County public records.
MORTGAGOR agrees to pay the indebtedness hereby secured; to pay all taxes,
assessments 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 of the 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
RECEIVED 5/7/2008 at 3:47 PM
RECEIVING # 938825
BOOK: 693 PAGE: 8
JEANNE WAGNER
LINCOLN COUNTY CLERK, KE R, WY
000009
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.
MORTGAGOR wàrrants title to the Property as to parties claiming, by, through or under
the MORTGAGOR only.
Witness our hands this r;!/; day of May, 2008,
H~:;;~. .
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State of Wyoming )
)ss.
County of Lincoln )
The'foregoing instrument was acknowledged before me this 0 d; day of May, 2008, by Hal Titensor
and Nyla Titensor.
Witness my hand and official seal
~wA.
Notary Public:
My commission expires: 9 - I.
NOTARY PUBLIC
County of
Lincoln
State of
Wyoming
My Commission Expires September 15, 2011