HomeMy WebLinkAbout947370COURTE. _ 1RDING
This document is being recorded
solely as a courtesy and
accommodation to the parties
therein. Land Title Co. Hereby
expressly disclaims any
responsibility or liability for
the accuracy content thereof.
WHEN RECORDED RETURN TO:
Name: HICKMAN LAND TITLE
Address: 112 NORTH MAIN
LOGAN, UTAH 84321
MORTGAGE
00,0767
THE RETREAT AT ALICE LAKE, LLC, Mortgagor of SLATERVILLE, County of WEBER, State of UTAH,
hereby mortgage to, THE MITCHELL FAMILY TRUST DATED 5/6/91, KIRK C. MITCHELL and ANNABETH
MITCHELL, TRUSTEES, Mortgagee of PO Box 77, Smoot, WY 83126 for the sum of $175,000.00 the following
described tract of land in Lincoln County, State of Wyoming, hereby releasing and waiving all rights under and by
virtue of the homestead exemption laws of the State, to wit:
SEE EXHIBIT "A"
This mortgage is given to secure the following indebtedness: one note of even date herewith for $175,000.00 made
payable at the times and place and at the rate specified in the note
This mortgage is intended to cover the rents and profits of said property, and consent is hereby given after default, for the
appointment of a receiver by any competent court and the receiver is hereby authorized to rent the said property and apply the
proceeds on this obligation.
The Mortgagors agree to keep the buildings now on said premises or hereafter erected thereon fully insured against loss by
fire in some fire insurance company approved by the mortgagee, with loss, if any payable to mortgagee, during the life of this
mortgage.
The Mortgagors also agree to pay all taxes and assessments on said premises, including any assessments that may be levied
on water rights or shares of stock used in connection herewith, or held as collateral with the above note; also any tax that may
be assessed by reason of this mortgage or the debt secured thereby, and reasonable attorney's fees in case of foreclosure, or the
commencement of any legal proceedings for foreclosure of the same, and said attorney's fees shall be added to the amount due
on this mortgage, and made a lien on the premises described herein. In case of default in the payment of any sum covenanted to
be paid, either the principal or interest when the same shall become due and payable, or in case of default in the performance of
any covenant herein contained, the whole amount of this indebtedness secured herein may be immediately declared due and
payable, and to bear interest at the rate of 10 percent per annum from the date of such default, and this , mortgage foreclosed at
the option of the legal holder. In the event of default, Mortgagors grant to Mortgagees a Power of Sale to foreclose on and sell
said property as public auction pursuant to 34-4-101 et seq. Wyo. Stat., 1977, or its successor.
Signed in the presence of
~S 1 han o s rtgagor, this 14th day of May, 2009. 3
THE RE AT AT ALICE LAKE LLC THE
BY: DO G WHEELER, MANAGING MEMBER BY: R
STATE OF )
)ss.
COUNTY OF C~74L~~~ )
On this 14th day of May, 2009, personally appeared before me, DOUG WHEELER MANAGING
MEMBER4 OF THE RETREAT AT ALICE LAKE LLC. who acknowledged to me that he/she/they executed the
same.
Witness my ha, and official se .
ublic: -r3
V t
c ssion expires
cr Notary Public
LINDA N. JENNING'S
' Q Commission 677116
' My Commission Expires
January 8, 2013
• State of Utah
RECEIVED 5/26/2009 at 3:35 PM
RECEIVING # 947370
BOOK: 723 PAGE: 767
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
I3ICKMAN LAND TITLE COMPANY OF WYOMING File Nwnber: 6258?df
Mortgage - Buyer Ind
Page I of 1
EXHIBIT "A"
000 768
Beginning at corner number 1; a sandstone 24x6x4 inches set 18 inches in the ground, from
which the South'/ corner of Section 33, Township 29 North, Range 117 West bears North 2°37
%Z East, 4,194.83 feet; thence East 600 feet to corner number 2; a sandstone 24x 10x4 inches set
13 inches in the ground; thence South 350 feet; thence West 600 feet; thence North 350 feet to
the point of beginning. Reserving to the Grantor and its predecessors in interest all mineral and
oil and gas rights.