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Rev. 11/99
STATE OF WYOMING
State Loan Investment Board
THIS MORTGAGE made this S of L 2010 between
JASON JOHN THORNOCK AND TRACY THORNOCK, husband and wife of Lincoln County, Wyoming
hereinafter called "MORTGAGOR" and the STATE OF WYOMING, STATE LOAN INVESTMENT BOARD, 122 West 25th
Street, Cheyenne, Wyoming, hereinafter called "MORTGAGEE," to secure payment of the sum of
SEVEN HUNDRED FIFTY THOUSAND AND NO /100 DOLLARS,
Loan No. B00044 LN
006769
WITNESS: MORTGAGOR for and in consideration of the sum aforesaid paid by MORTGAGEE, receipt of which
MORTGAGOR acknowledges, and in consideration for the release of land as set forth and described in Exhibit 'A', mortgages,
warrants, grants, bargains, and conveys to MORTGAGEE, its successors and assigns forever, the following described real
estate:
That part of Tract No. 48 of Township 25 North, Range 119 West, Lincoln County, Wyoming Tying and being
situate westerly of the thread of the channel of the Bear River
and including any mineral rights, estates, or interests existing on, under or in said real estate, whether now owned by
mortgagor or hereafter acquired; and further including all buildings and improvements thereon and all other privileges,
property capable of being inherited, and appurtenances to said lands and including all water and water rights, adjudicated or
unadjudicated, stored, used upon, or appropriated for the above described lands, together with all irrigation, reservoirs,
ditches, laterals, canals, flumes, aqueducts and syphons complete, or any interest therein regardless of how owned or
represented (if by stock in an incorporated Ditch Company this instrument shall constitute an assignment thereof) with rights of
way therefore; also all other irrigation works, drainage systems, artesian wells and water flowing therefrom, windmills, and all
other property and property rights of every kind and character, real and personal, pertaining to or used in connection with the
irrigation and drainage of the lands mortgaged herein, or which may be appurtenant to said lands, whether owned by
MORTGAGOR at the date of this mortgage or hereinafter in any manner acquired by MORTGAGOR during the term of this
mortgage. When the word "premises" is hereafter used it covers all property of every kind and character contained in this
paragraph.
This mortgage is given to secure a promissory note of even date herewith, executed by MORTGAGORS to
MORTGAGEE, in the principal sum of SEVEN HUNDRED FIFTY THOUSAND AND NO /100 DOLLARS, payable with interest
according to the terms of the note, the final payment being due and payable on the first day of December, 2038. This
mortgage shall be void upon the payment of the promissory note.
MORTGAGOR covenants that MORTGAGOR is lawfully seized of the premises; that MORTGAGOR has good right to
sell or convey the same, and that the premises are free of any prior encumbrances. MORTGAGOR warrants the title to the
premises, and releases and waives all rights under the Homestead Exemption Laws of this State.
MORTGAGOR as part of the consideration hereof, further covenants as follows:
(1) That during the existence of this mortgage the MORTGAGOR will in a proper and husbandlike manner cultivate,
irrigate, and fertilize all orchards and crops now or hereafter grown on the premises, and will keep all buildings, fences,
ditches, canals and other improvements on the premises in good repair and will not do or permit any waste on the premises
and will not abandon them.
(2) That MORTGAGEE, or its duly authorized agents, shall at all times have the right to enter upon and inspect the
premises.
(3) That MORTGAGOR will preserve and protect all water rights and irrigation systems hereby conveyed, and will pay,
when due, all assessments and charges for the irrigation and drainage of the lands hereby mortgaged.
(4) That MORTGAGOR will pay, when due, all principal and installments thereof, and the interest thereon, as
hereinbefore set forth. If default be made in payment when due of any part or installment of principal or interest, then
MORTGAGOR shall pay a fee on each defaulted payment from the date the payment is due until the defaulted payment is
made, at the rate provided by law at the time collection is attempted by MORTGAGEE. MORTGAGOR will also pay all taxes,
liens, judgments, and assessments; and shall keep all buildings thereon insured, to MORTGAGEE'S satisfaction. The
insurance shall be made payable to MORTGAGEE, as its interest may appear at the time of the loss. MORTGAGOR will pay
the premiums. MORTGAGEE may pay all taxes, liens, judgments, assessments or insurance not paid by MORTGAGOR
when due. When so paid, they shall become part of the mortgage debt and shall bear interest at the rate as provided by law
in effect at that time of collection of default, and shall be payable out of the first moneys received by MORTGAGEE under the
terms of this mortgage.
RECEIVED 5/25/2010 at 3:01 PM
RECEIVING 953644
BOOK: 747 PAGE: 769
JEANNE V R
LINCOLN COUNTY CLERK KFMMFRPR WY
000771
IN WITNESS WHEREOF, the MORTGAGOR has hereunto set his (here r t eir) hand the day and year first above
written.
STATE OF WYOMING
ss.
COUNTY OF (;t R(V3)
The foregoing instrument was acknowledged before me by Jason John Thornock and Tracy Thornock thi�zfay of
2010.
Witness my hand and official seal.
My Commission Expires:
WORM A. BOW .N 1 PUBLIC
COUNTY OF STATE OF
LINCOLN a s WYOMING
Photographed
Indexed
Abstracted
Checked
STATE OF WYOMING
ss.
COUNTY OF
1 racy norno
'\m
1eo•Icer
RECEPTION NO.
This instrument was filed for record at o'clock M., on the day of
2010, and duly recorded in Book on page
BY:
Fees, Deputy
county uteri or Register of needs
A.D.,
LEGAL DESCRIPTION
EXHIBIT 'A'
Jason John Thornock
Loan No. B00044
That part of Tract No. 61 of Resurvey Township 25 North, Range 119 West, Lincoln
County Wyoming bounded and described as follows:
On the North line by the North line of said Tract No. 61;
On the South by the South line of said Tract;
On the West by the thread of the channel of the Bear River and the West line of said
Tract; and on the East by the West right -of -way line of the Oregon Short Line
Railroad;
EXCEPTING THEREFROM that tract of record in the Office of the Clerk of Lincoln
County in Book 25 of Deeds on page 460 as conveyed to the Union Pacific Railroad
Company.
Total 30.00 acres, more or less
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