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RECEIVED 10/9/2009 at 10:37 AM
RECEIVING # 949959
BOOK: 733 PAGE: 544
MORTGAGE JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Christine Johansson, of Lincoln County, Wyoming (herein called
"MORTGAGOR"), to secure the payment of Forty-Seven Thousand One Hundred
Sixty-Nine Dollars and 50/100 ($47,169.50), with interest thereon, as provided in
and evidenced by a promissory note of even date herewith and all renewals,
modifications and extensions thereof, does hereby mortgage unto Hugh Gardner
Soest and Donna Marie Soest, as Trustees of The Greenhills Revocable Living
Trust, f/b/o Hugh Gardner Soest and Donna Marie Soest, dated June 30, 1989, of
Jackson, Wyoming, (herein collectively called "MORTGAGEE"), the following
described real property, situate in the County of Lincoln, State of Wyoming,
hereby releasing and waiving all rights under and by virtue of the homestead
exemption laws of the State of Wyoming, to-wit:
Lot Eight (8) in Star Valley Ranch, Plat Ten (10) as platted and
recorded in the Official Records of Lincoln County, Wyoming.
State Parcel ID No.: 35183120602700.
TOGETHER with all and singular the improvements and
appurtenances thereon or thereunto appertaining (the
"Property").
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; to secure, maintain and furnish MORTGAGEE evidence thereof,
insurance with an insurance carrier or carriers acceptable to MORTGAGEE,
covering the insurable improvements on the Property against loss by fire and
earthquakes, with extended coverage, in an amount not less than the unpaid
balance of the debt hereby secured, or the insurable value (replacement cost) of
such improvements, whichever is less, which insurance shall contain an
appropriate loss payable provision protecting MORTGAGOR and MORTGAGEE
as their respective interests may appear from time to time. In the event
MORTGAGOR fails to pay such taxes or assessments, or fails to keep and maintain
such insurance as herein provided, MORTGAGEE may pay such taxes and
assessments and may secure and pay for such insurance, 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 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 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 and/or as otherwise authorized by
Wyoming 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
X545
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 MORTGAGOR only.
THE PROPERTY IS NOT AGRICULTURAL PROPERTY AS DEFINED IN
WYO. STAT. § 1-18-103.
WITNESS my hand this 5 day of _ Senr~~i 2009.
L-L7GC{, .GZ ldfft'
Christine Johan son
Address of MORTGAGOR:
HC62 Box 7085
Star Valley Ranch, Wyoming 83127
STATE OF WYOMING
ss
COUNTY OF$ ~x )
The foregoing instrument was acknowledged before me by Christine
Johansson, this ~5 ~ day of 2009.
"'lTZtness xri 11c1 fficial seal.
4 LAURA FA ~ t ,fc I-A N PUBLIC
' County of State of
4 Lincoln Wyoming f. ~rLC~C~1 Y~
My Commission i:_xpims May 10, 2011 r Wot4y Public
My Commission Expires: / V~ l~~ r
Mortgage
Greenhill /Johansson
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