Loading...
HomeMy WebLinkAbout940437 When recorded mail to: KEVIN H JENSEN P.O. BOX 1565 THAYNE, WY 83127 RECEIVED 7/10/2008 ¡ 'M RECEIVING # 940437 BOOK: 699 PAGE: 615 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY REAL ESTATE MORTGAGE FOR VALUE RECENED, RICHARD K.. SHERMAN, the "Mortgagors", do hereby grant, bargain, sell and convey unto ('0°615 KEVIN H. AND COLETTE J. JENSEN, collectively the "Mortgagees", the following described premises, in Lincoln County, Wyoming: THAT PART OF THE N~""SWv.. OF SECTION 11, T33N R118W, LINCOLN COUJIITY, WYOMING, BBING PART OF THAT TRACT OF RECORD IN THE OFFICE OF THE CLERK OF LINCOLN COUNTY IN BOOK S82 OF PHOTOSTATIC RECORDS ON PAGE 81, DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAID N%NEY.sWv..; THENCE N89°-11'-S6"E, 1328.11 FEET, ALONG THE NORTH LINE OF SAID N%NEy..sW!4, TO THE NORTHEAST CORNER THEREOF; THENCE 800°-o8'-51"a, 332.30 FEET, ALONG THE EAST LINE OF SAID NYaNE!4SWV,¡, TO A POINT; THENCE S89°-37'-37"W, 1328.21 FEET, TO A POINT ON THE WEST LINE OF SAID N~V..sW!4; THENCB NOO"..o7'.02"W, 322.37 FEET, ALONG THE SAID WEST LINE, TO THE CORNER OF BEGINNING. TO HA VB AND TO HOLD the said premises, with Ø1eir appurtenances, unto the said Mortgagees, their heirs and assigns forever. . This conveyance is intended as a mortgage to secure the Promissory Note dated July 10. 2008, in the amount of $130.000,00. plus interest payable to the Mortgagee, with final payment due 07/2013, and providing for acceleration of the due date of the principal for default in the payment of interest' or any installment of principal, and providing for a reasonable attorney's fee' in case of suit of action, The Mortgagors covenant and agree with the Mortgagees as follows: That they are the owners in fee simple of the above described premises and that they are :tree from all encumbrances except as provided on the . , conveyance deed to them, and except this Mortgage. That they will 'pay the indebtedness hereby secured promptly, according to the terms of said Promissory Note. ' That they will pay all taxes. liens and assessments of any nature hereafter levied or imposed, or becoming payable, upon said premises not later than the twentieth day before delinquency. If the Mortgagors shall fail to pay any such tax or lien, the Mortgagees may pay the same, and all payments, by the Mortgagees for any such purpose shall be added to the indebtedness hereby secured, and shall be repayable on demand, with interest at the rate of eighteen percent (18%) per annum until paid. For the purpose oftùrther securing said indebtedness and perfomiance of the convenants herein contained. the Mortgagors hereby sell and assign to the Mortgagees any and all rentals accnrlng. or to accrue on said premises, during the life of this Mortgage. If the said Mortgagors shall payor cause to be paid all moneys which may become due upon said Promissory Note and shall otherwise comply With the terms and conditions hCl"eQf, this conveyarice sball be void; but in ' case detàult shall be made in the payment of the indeb1ness hereby herein contained, then the Mortgagees or their assigns, at their option may declare the entire indebtedness hereby secured immediately due and payable. . and foreclose this Mortgage and cause said mortgaged premises to be sold in the mariner provided by law. and out of the moneys arising ftom such sale retain principal and interest together with any sums advanced. as provided herein, with interest as aforesaid, together with the costs and charges of such foreclosure suit and sale, including such sums as the court may adjudge reasonable as an attorney's fee to be allowed the plaintiff, and the overplus, if any there be, pay over to the Mortgagors, their heirs and assigns. COCS1.6 ate of Wyoming ) Coun 'In) :ss On July 10, 2008, pèrSonally appe re me RICHARD K. SHERMAN signer of the within instrument, . who duly ocknowled..¡to e ~t he execu ~. , 7/'K/oP ---I 'fJtzl) tn. ~J-«Å) N'O~Public n} , ^ .In'1 cA ~(),~ '(#.(1 Resldmg: r ~:Sd.. ..:...:::::::>0 -v ~ f11eH(-. Expires: C ..e #ec>Ir L,.<f...t (-[ --d ð' J CALIFORNIA ALL·PURPOSE ACKNOWLEDGMENT ~- County of on5LL1\., ~I ZDO'g' before me, 1 Date n personally appeared '''''' i Cha.rd } \..0(.:61.7 State of California who proved to me on the basis of satisfactory evidence to be the person~ whose name~ subscribed to the within instrument and ac¡[n'im(edged to me that ~h.ettAey executed the same i I 9fltAeir authorized capacity.(i9st, and that b his Ir signature~ on the instrument the person , or the entity upon behalf of which the personV" acted, executed the instrument. ~ -"" ~ ~ ~ . K~I~T~E ·M~ F~~T~S·lr .S! COMM. #1747566 !.: ..J NOTARY PUBLIC. CAlIFORNIA 0 " ' AMADOR COUNTY -4 t'-r ~ : ~ ~ M: co:m:lo: f:re~'~7 ~o: ~ I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Place Notary Seal Above Signature OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: 'K .e.tt:lj ~~ /VI (JV f- j ~~ f2 ~ Document Date: 7 -I 0 -t'J!t Number of Pages: Z. Signer(s) Other Than Named Above: -- Capacity(ies) Claimed by Signer(s) Signer's Name: E Individual o Corporate Officer - Title(s): o Partner - 0 Limited 0 General o Attorney in Fact o Trustee o Guardian or Conservator o Other: Top of thumb here Signer's Name: o Individual o Corporate Officer - Title(s): o Partner - 0 Limited 0 General o Attorney in Fact o Trustee o Guardian or Conservator o Other: RIGHT THUMBPRINT OF SIGNER RIGHT THUMBPRINT OF SIGNER Top of thumb here Signer Is Representing: Signer Is Representing: ~y~-y~. © 2007 National Notary Association' 9350 De Soto Ave" P.O, Box 2402 . Chatsworth, CA 91313-2402' www,NatlonalNotary.org Item #5907 Reorder: Call Toll-Free 1-800-876-6827