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MILLENNIUM CORPORATION
670 N. STATE STREET, STE 3
SHELLEY, IDAHO 83274
RECEIVED 1/15/2009 at 3:44 PM
RECEIVING # 944711
BOOK: 713 PAGE: 152
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
REAL ESTATE MORTGAGE
000152
FOR VALUE RECEIVED, TROUT UNLIMITED PROPERTY MANAGEMENT COMPANY, LLC the
"Mortgagors", do hereby grant, bargain, sell and convey unto MILLENNIUM CORPORATION, collectively
the "Mortgagees", the following described premises, in LINCOLN County, Wyoming:
BEGINNING AT A POINT WHICH IS THE NORTHWEST CORNER OF THE SEY4SWY4 OF SECTION 14, T32N, R119W OF
THE 6TH P.M., LINCOLN COUNTY, WYOMING, AND RUNNING THENCE SOUTH 41 RODS;
THENCE EAST 78 RODS;
THENCE NORTH 41 RODS;
THENCE WEST 78 RODS TO THE POINT OF BEGINNING.
TO HAVE 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 January 12,2009 in the amount
of $300,000.00,(THREE HUNDRED THOUSAND DOLLARS) plus interest payable to the Mortgagee, with
final payment due MAY 12,2009, and providing for acceleration ofthe 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.
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 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.
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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 JANUARY 12,2009.
~RD ~O¡'R~ANAGEMENT COMPANY, LLC
BY: DA LA. SCHWAB
State of WYOMING )
County of LINCOLN) :ss
On JANUARY 12, 2009 , personally appeared before me DANIEL A. SCHWAB, who, being by me
duly sworn, did say that he is the Manager/Member of TROUT UNLIMITED PROPERTY MANAGEMENT
CO, LLC, and that the said instrument was signed in behalf of said Limited Liability Company by the authority
of its Articles of Organization and Operating Agreement, and the aforesaid individual acknowledged to me that
said Company executed the same.
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. .. billeoln Wyoming
My. öommlS$ìon Expims Feb. 4, 2009
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