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HomeMy WebLinkAbout940933 When recorded mail to: CHARLES JEFFRIES 9060 QUAIL TREE COURT ELK GROVE, CA 95624 (:00256 REAL ESTATE MORTGAGE FOR VALUE RECEIVED, JAMES H. AND SUSAN DYER, the "Mortgagors", do hereby grant, bargain, sell and convey unto CHARLES JEFFRIES, collectively the "Mortgagees", the following described premises, in Lincoln, County, Wyoming: LOT ONE (I) OF STAR VALLEY RANCH PLAT 5, LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT THEREOF. SUBJECT, HOWEVER, TO ALL RESERVATIONS, PROTECTIVE COVENANTS, EXCEPTIONS, EASEMENTS AND RIGHTS-OF - WAY, IN SIGHT OR IN USE. TO HA VE AND TO HOLD the said premises, with their appurtenances, unto the said Mortgagees, their heirs and assigns forever. This conveyance is intended as a mortgage to secure the Promissory Note dated March 28, 2008, in the amount of $65,000.00, with final payment of entire sum due July 10,2011, 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 free 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. For the purpose of further securing said indebtedness and performance of the convenants herein contained, the Mortgagors hereby sell and assign to the Mortgagees any and all rentals accruing, 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 hereof, this conveyance shall be void; but in case default shall be made in the payment of the indebtness 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 manner provided by law, and out of the moneys arising from 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. Dated this JULY 10, 2008. ~D~~ 'J k4ð¡1E~/ -'SUSAN D ER . RECEIVED 7/31/2008 at 2:31 PM RECEIVING # 940933 BOOK: 701 PAGE: 256 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY State of Wyoming County of Lincoln) :ss On July 10,2008, personally appeared before me JAMES H. AND SUSAN DYER, signers of the within inst t du owledged to me that they executed the same. ~~ otary Public Residing: Expires: 000257 STATE OF COUNTY OF Calífornia Sacramento )SS ) On July 15 ,2008 ,before me, L. McRae , Notary Public, personally appeared James Ho Dyer and Susan Dyer , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) "t/are subscribed to the within Instrument and acknowledged to me that ~¢lfi~f/./they executed the same inH~~~l77their authorized capacity(ies) and that by N~~fir/their signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted, executed the instrument. I Certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct WITNESS my hand and official seal, ):..a.. ...... .... .... .... ... ... '~"A:"Ã..~ 0B CðMt;1~ 1~~ ลก= " . NOTARY PUBLIC-CALIFORNIA G1 ~ SACRAMENTO COUNTY Cì J ~ ~ ~ ___ :O:'~ ~p !~~'30~8l My Commission Expires: This area for official notarial seal