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HomeMy WebLinkAbout949940,Moms t w hle WHEN RECORDED RETURN TO: Lx8y aMMMMmMII/s r Name: KATHLEEN L. COLLINGS \ ONCE f~9a4,,r,.,J DIXIE L. OLORENSHAW RICHARD J. ALLEN v00433 Address: MORTGAGE WENDY DEE BARNES, a single woman, Mortgagor of Lewisville, County of Lincoln, State of Idaho, hereby mortgage to KATHLEEN L. COLLINGS, a married woman as her sole and separate property, an undivided one-third interest, DIXIE L. OLORENSHAW, a single woman, as to an undivided one-third interest, and RICHARD J. ALLEN, a married man, as to an undivided one-third interest, as tenants in common, Mortgagee of, 45 Burton Lane, Afton, WY 83110, for the sum of One Hundred Thousand dollars and Zero cents ($100,000.00) 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" attached hereto This mortgage is given to secure the following indebtedness: one note of even date herewith for $100,000.00 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. 1 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 0k- WITNESS the hand of said Mortgagor, this~d day of September, 2009. WENDY' EE BARNES STATE OF Wyoming ss. COUNTY OF Lincoln ) On t ih s l'dayo~f September, 2009, personally appeared before me, WENDY DEE BARNES, a single woman who acknowledged to me that he/she/they executed the same. Wifio hand an ffi~eal. Notary Public: D. FENTON My commission expires 10/11/2011. immmmmIIII .11IINmmmR1613mmmmm13M®m®mmmm. R. Penton - Notu+y Public o e County of J State of Lincoln f Wy6ming m My Commission Explres W,111/2G11 ~mmmmMmmmmmmmmmmmmgmmmmmm®mmmmmmmmmmme~ RECEIVED 10/8/2009 at 1:12 PM RECEIVING # 949940 BOOK: 733 PAGE: 483 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY HICKMAN LAND TULL COMPANY OF WYOMING File Number: 62764DF Mortgage - Buyer Ind Pa - 0`484 EXHIBIT "A" PARCEL 1: A tract of land in the South Half of the South Half of the Southwest Quarter of the Northwest Quarter (S '/2 S '/2 SW '/4 NW '/4) of Section Nineteen (19), Township Thirty-Two (32) North, Range 118 West, 6`h Principal Meridian, County of Lincoln, State of Wyoming, more particularly described as follows, to wit: BEGINNING at a point Fifty (50) feet East and 13.5 feet North of the West Quarter (W '/4) corner of said Section and running thence North 118 feet; Thence East, 369.1 feet; Thence South 118 feet; Thence West, 369.1 feet, to the Point of Beginning. EXCEPTING THEREFROM the following described tract of land described as follows: BEGINNING at a point 50 feet East and 13.5 feet North of the West Quarter (W '/4) corner of Section 19, Township 32 North, Range 118 West, 6`h P.M., Wyoming and running thence North, 118 feet; Thence East, 184.55 feet; Thence South, 118 feet; Thence West, 184.55 feet, more or less, to the point of beginning. PARCEL 2: BEGINNING at a point 419.1 feet East and 91.5 feet North from the West Quartet-section (W '/4) corner of Section 19, Township 32 North, Range 118 West, Sixth P. M., Wyoming (said beginning point being on the East boundary line of the LaNa Allen property), and running thence North, along the East boundary line of the said Allen property, 40.0 feet, to the Northeast corner thereof, Thence West, along the North boundary line of said property, 50.0 feet; Thence North, 12.0 feet; Thence East, 53.0 feet; Thence South 52.0 feet; Thence West, 3.0 feet, to the Point of Beginning. HICKMAN LAND TITLE COMPANY OF WYOMING File Number: 62764DF Mortgage - Buyer Ind Page 2 of 2