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RECEIVED 12/3/2008 at 10:53 AM
RECEIVING # 943954
BOOK: 710 PAGE: 434
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
MORTGAGE
00û·434
JAMES OLENSLAGER and JENNIE OLENSLAGER" mortgagors, of Lincoln County, Wyoming, to
secure the payment of ONE HUNDRED TWENTY THOUSAND DOLLARS ($120,000.00) due plus interest
thereon at the rate of five percent (5%) per year (said sum and the interest thereon, being referred to as the
indebtedness), payable in accordance with the provisions of that certain real estate purchase agreement dated
December 5, 2005, hereby mortgage and warrant to THELMA DANA, a single woman, mortgagee, of Thayne,
Lincoln, Wyoming, the following property to-wit:
Attached hereto as Exhibit A.
If default occurs in the payment of the indebtedness or in the payment of any installment thereof, or if
default occurs in any of the covenants and agreements hereof, then the whole indebtedness shall, at mortgagees'
option, become due and payable forthwith, and mortgagees may foreclose this mortgage either by advertisement
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and sale of the premises as provided by statute, or by an action in equity. Out ofthe proceeds of any foreclosure
sale, mortgagees shall retain or receive all sums due to it hereunder, and costs of foreclosure and sale, including
attorney fees in an amount equal to ten percent of the indebtedness remaining unpaid at the time of such sale, the
same to be taxed as costs in any equitable action brought to foreclose this mortgage.
To fully assure mortgagees the benefit of the security interests in the premises granted to it hereunder,
mortgagors hereby assign to mortgagee all rents hereafter payable for the use and occupancy of the premises by
any person in possession thereof with mortgagors' consent. If default occurs in any of the covenants and
agreements herein contained, whether or not mortgagees elect to foreclose this mortgage on account thereof,
mortgagees shall at once be entitled, and are hereby authorized, to collect the rents from the premises and to
apply the same to the payment of the indebtedness secured hereby until such default is remedied.
Olenslager/Dana Mortgage Page 1 of 3
In the event of foreclosure of this mortgage upon default, mortgagees shall be entitled to the possession
and enjoyment of the premises and the incident rents, issues, and profits thereof from the time of such default
and for and during the pendency of foreclosure proceedings and the period of redemption, if any. Ifmortgagors
should fail to surrender such possession to mortgagees promptly upon its request therefore mortgagees may
compel delivery thereof by an ejectment action or other civil proceeding appropriate to that purpose.
Furthermore and in addition to the remedies otherwise provided for in this mortgage and by law, and as
a matter of right, without regard to the solvency or insolvency of mortgagors, the value of the premises, or the
sufficiency thereof to discharge the indebtedness and costs of foreclosure and sale, mortgagees shall be entitled
to a receiver for the premises and the rents, issues and profits thereof from the time of default to the expiration
of any redemptive period provided by law. Such receiver may be appointed by any court of competent
jurisdiction upon ex parte application, without notice, notice being hereby waived and the appointment of a
receiver upon such application being hereby consented to by mortgagors.
Hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State
of Wyoming.
Witness our hands this 28th day of December, 2005.
~lt Ì20Jf(~¿V
J IE OLENSLAG 0/
Olenslager/Dana Mortgage Page 2 oÍ 3
STATE OF WYOMING
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COUNTY OF LINCOLN
The foregoing instrument was acknowledged before me by James Olenslager and Jennie Olenslager this
28th day of December, 2005.
Witness my hand and official seal.
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G1'CHRISTiNA K. ALL~~~ - NOTARY PUBLIC
COUNTY OF á. ", STATE OF
LINCOLN \~ WYOMING
MY ~.~~l~~~~"~.0/2009
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NOTARY PUBLIC
My Commission Expires:-.!:I- ?£) -oq
OlenslagerlDana Mortgage Page 3 of 3
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WARRANTY DEED
VAN H. DANA and TllELMi\.. r.. DANA· . .' .
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gm n tor - Â_, of -----~-~~~Z~~__~~_1!.~_t_:r;:L_______________J:.~~_c:.Q!.!!.___________________,__~__________.:.__ County, and Sta te
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in hand paid, receipt whereof i9 hereby acknowledged, CONVEY AND WARRANT TO.. u -..-:---~--~-----------------ï-.--.--
- - - - -.. - - -.. - -- - -Y ~-li-!l-"___P_~~~___E_~2___1:tI~~t1A_ç_.~ J?A~~ ..._ h~!.~ ÞA.IJ9__ª!1_~_ NJ.t.~--,-_51_~ _.iQinL .l_e.nao t..'LI.d th..____ __
right of survivorship, and not as tenants in cornmon.
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the following described real estate, situate jn_J!~~J_~~__Ç9~1~!T..Y__a_~~_~L__~j..!!.Ç9).~:L___.._____________County and Stato
of Wyoming, hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State, to-wit:
In Section 18, Township 34..N. ,Range 118 West of the 6th P.M. Lincoln
County, Wyoming. COMMENCING at a point 200 feet North of the SW Corner
of the (N~S~) of said Section 18, and running thence North along the East
edge of the Muddy String Lincoln County Road # 117 a distance of 655 feet,
thence East 765 feet; thence South 855 feet, thence West 480 feet, thence
North 200 feet, thence West 285 feet to the point of beginning.
Together with water & Water-rights and ditch rights and all improvements.
Containing a net area of approximately 13.71 acres.
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necorded~~...J3 J l ~ q, l.. ':"'..! ( . ?~~L'..
In !Book!.:l~if}.. Page.~.\2.5._.~i\¡;J'JJì ¿" '
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WITNESS________________ h.nd_d_____ th[.__o_~__~~oy ;j=--/.;:--15~.L--.
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State of
WYOMING
County of __
Lincoln
}ss.
The foregoing instrument was aclmowledged before
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THEL~~(;·.~D·#1~·~f:!~
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this ':Poc;(~{~)fÍY of ¿·'2:'f~;fri(_.~
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me by
VAN H. DANA
and
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Title of Officer