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6010918525
MORTGAGE
Anthony Lindgren„ of P.O. Box 34 Frontier, WY 83121, (herein collectively called
`MORTGAGOR to secure the payment of $35,000.00, with interest thereon, as
provided in and evidenced by a promissory note of even date herewith (the ultimate
maturity date of which is November 13, 2017) and all renewals, modification and
extensions thereof, do hereby mortgage unto Jerre Jackson of P.O. Box 503 Riddle, OR
97469 (herein called "MORTGAGEE the following described real property, situate in
the County of Lincoln, State of WY, hereby releasing and waiving all rights under and by
virtue of the homestead exemption laws of the State of Wyoming, to -wit:
Part of Lots 8 and 9 of Block 1 of the Hillcrest East Subdivision to the Town of
Diamondville, Lincoln County, Wyoming more particularly described as follows:
BEGINNING at the Southwest corner of said Lot 9;
thence North 46 °36'27" West along the westerly boundary line of said Lot 9 a distance
of
84.50 feet;
thence North 43 °23'33" East, a distance of 60 feet to a point on the easterly boundary
line of
said Lot 9;
thence South 46 °36'27" East, along said easterly boundary line of Lot 9 a distance of
56.93 feet
to the southeast corner of said Lot 9 and being a point on the northerly boundary
line of
Lot 8;
thence North 18 °43' East along the northerly boundary line of said Lot 8 a distance of
43.96
feet to the northeast corner of said Lot 8;
thence South 46 °36'27" East, along the easterly boundary line of said Lot 8, a distance
of
61.42 feet;
thence South 43 °23'33" West, a distance of 99.95 feet to a point on the westerly
property line
of said Lot 8;
thence North 46 °36'27" West along the said westerly boundary line of said Lot 8, a
distance of
15.50 feet to the POINT OF BEGINNING.
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 insurance
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 of 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 the
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 /or as otherwise authorized by governing law, to foreclose on and sell the Property,
006591
F
and out of the proceeds of such sale, MORTGAGEE shall pay all sums due hereunder,
together with all costs 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
the MORTGAGOR only.
Witness o
State of LAIbM,I P,-&
County of (:t. ntz j
This Instrument was acknowledged before me on 1 d day of November, 2009
By Anthony Lindgren.
DEBORAH A. 60 W'c.CV i Y PUBLIC
COUNTY OF STATE OF �v; �3
WYOMING
LINCOLN
d day of November, 2009,
(Signature of Notarial Officer)
My Commissi Expires:
00)592