HomeMy WebLinkAbout950172WHEN RECORDED RETURN TO:
L„ndTtle
..-Company
Name: E. GREGORY HIGLEY
Address: 966 East Raymond Rd
Fruit Heights, UT 84037
MORTGAGE
DENNIS HIGLEY INC., Mortgagor, County of Lincoln, State of, Wyoming hereby mortgage to E. GREGORY
HIGLEY, Trustee under a Revocable Declaration of Trust Dated November 12, 1992, TAFT B. HIGLEY and
JILLAIRE N. HIGLEY, husband and wife, and BRADFORD J. BROWER, as joint tenants with rights of
survivorship, Mortgagee of 966 East Raymond Rd, Fruit Heights, UT 84037 for the sum of Three Hundred Fifty
Three Thousand Six Hundred Forty Five dollars and Zero cents ($353,645.00) 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 $353,645.00 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 344-101 et seq. Wyo. Stat.,1977, or its successor.
Signed in the presence of
SS the hand of said Mortgagor, tL's th ay of October, 2009.
' DENNIS HIGLEY, PRESIDENT
l nX_
STATE OF v )
J1 COUNTY OF
On this 19th day of October, 2009, personally appeared before me,
DENNIS HIGLEY PRESIDENT OF DEWS HIGLEY INC who acknowledged to me that he/shelthey
executed the same.
Witness my hand and official seal.
~1C lon expires
Or TM
d "4`y 9 r;
ANGELA KAY CHANDLER
NOTARY PUBLIC • STATE of UTAH
1412 LEGEND HILLS DR
CLEARFIELD, UT 84015
COMM. EXP. 05/04/2011
RECEIVED 10/23/2009 at 4:21 PM
RECEIVING # 950172
Land Title Company FUNumber. 62801DF BOOK: 734 PAGE: 512
Mortgage - Buyer Ind JEANNE WAGNER
Page 1 ON LINCOLN COUNTY CLERK, KEMMERER, WY
EXHIBIT "A10
Tract No. 37 (Westl/2) of Section 4, Township 26 North, Range 118 West of the 6s' P.M., Lincoln County
Wyoming.
LESS AND EXCEPT the land contained in instrument recorded November 20, 2000 in Book 456PR on Page 27 of
the records of the Lincoln County Clerk.
LESS AND EXCEPT the land contained in instrument recorded March 12, 2002 in Book 485PR on Page 125 of
the records of the Lincoln County Clerk.
LESS AND EXCEPT the land contained in instrument recorded March 26, 2007 in Book 652PR on Page 383 of
the records of the Lincoln County Clerk.
LESS AND EXCEPT the land contained in instrument recorded October 30, 2008 in Book 708PR on Page 97 of
the records of the Lincoln County Clerk.
Land Title Company Fne Number: 62SOlDF
Mortgage - Buyer Ltd
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