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MORTGAGE
00U220
Call Property Developments Inc., A Wyoming Corporation, of 1610 Allred Rd Afton,
WY 83110, (herein collectively called 'MORTGAGOR"), to secure the payment of
$165,000.00, with interest thereon, as provided in and evidenced by a promissory note of
even date herewith (the ultimate maturity date of which is October 1, 2013) and all
renewals, modification and extensions thereof, do hereby mortgage unto Frank E. Hoopes
and Madalyn M. Hoopes, Trustees of the Frank E. Hoopes and Madalyn M. Hoopes
Family Revocable Trust dated December 4, 1995 of 822 Allred Lane 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:
Lot 1 of the Amended Plat ofF & M Subdivision, Lincoln County, Wyoming filed July
22, 2008 as Instrument No. 940730 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; In the event MORTGAGOR fails to pay such taxes or assessments,
MORTGAGEE may pay such taxes and assessments, 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
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 warrants title to the Property as to parties claiming, by, through or under
the MORTGAGOR only. .
Witness our hands this I ðr~ day of September, 2008,
C. al~property'-pevelop~.pmen .
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By: William A Call, Secretary
RECEIVED 9/19/2008 at 11:16 AM
RECEIVING # 942337
BOOK: 705 PAGE: 220
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER. WY
State of Wyoming
County of Lincoln
006221.
This Instrument was acknowledged before me on
By Frank E. Hoopes and Madalyn Hoopes.
/Sr/1
day of September, 2008
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(Signature of Notarial Officer)
My Commission Expires:
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$ "ollnty of
ii Lincoln
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'. ;/:,r COI~)mi""i:Oll b:!)¡;r;:> SeJ)tember 15 2011
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State of
Wyoming
NOTARY PUBLIC