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RECEIVED
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MORTGAGE
DATE AND PARTIES. The date of this Mortgage (Security Instrument) is May 10, 2001. The parties) and their
addresses are:
MORTGAGOR:
MIKE RICHINS
D/B/A VALLEY HI MOTEL
a Sole Proprietorship
10716 HWY 30
COKEVILLE, Wyoming 83114
NELLIE RICHINS
10716 HWY 30
COKEVILLE, Wyoming 83114
~Da RELE/1$E 0~\
This Mortgage
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LENDER:
FIRST NATIONAL BANK - WEST
Organized and existing under the laws of the United States of America
314 S Washington
PO Box 1620
Afton, Wyoming 83110
83-0162601
1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged,
and to secure the Secured Debts and Mortgagor's performance under this Security Instrument, Mortgagor grants,
bargains, conveys, mortgages and warrants to Lender, with the power of sale, the following described property:
SEE ATTACHED EXHIBIT "A"
The property is located in LINCOLN County at 10716 HWY 30, COKEVILLE, Wyoming 8!3114.
Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all
diversion payments or third party payments made to crop producers and all existing', and future improvements,
structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate
described (all referred to as Property). This Security Instrument will remain in effect unt1l the Secured Debts and all
underlying agreements have been terminated in writing by Lender.
2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security ',Instrument at any one time
will not exceed $98,058.00. This limitation of amount does not include interest and other fees and charges validly
made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms
of this Security Instrument to protect Lender's security and to perform any of the covenants contained in this
Security Instrument.
3. SECURED DEBTS. This Security Instrument will secure the following Secured Debts:;
A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
replacements. A promissory note, No. 61009733, dated May 10, 2001, from Mortgagor to Lender,. and a loan
amount of $98,058.00 with an interest rate; of 9.0 percent per year maturing on August 1, 2001.
B. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security
Instrument.
4. PAYMENTS. Mortgagor agrees that all payments under the Secured Debts willi be paid when Idue and in
accordance with the terms of the Secured Debts and this Security Instrument.
5. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or other
lien document that created a prior security interest or encumbrance on the Property, Mortgagor agrees:
A. To make all payments when due and to perform or comply with all covenants.
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B. To promptly deliver to Lender any notices that Mortgagor receives from the holder.
C. Not to allow any modification or extension of, nor to request any future advances under any note or
agreement secured by the lien document without Lender's prior written consent.
6. CLAIMS AGAINST TITLE. Mortgagor will pay all taxes, assessments, liens, encumbrances, lease payments,
ground rents, utilities, and other charges relating to the Property when due. Lender may require Mortgagor to
provide to Lender copies of all notices that such amounts are due and the receipts evidencing Mortgagor's
payment. Mortgagor will defend title to the Property against any claims that would impair the lien of this Security
Instrument. Mortgagor agrees to assign to Lender, as requested by Lender, any rights, claims or ;defenses
Mortgagor may have against parties who supply labor or materials to maintain or improve the Property.
7. DUE ON SALE. Lender may, at its option, declare the entire balance of the Secured) Debts to be immediately
due and payable upon the creation of, or contract for the creation of, a transfer or sale of the Property. This right
is subject to the restrictions imposed by federal law governing the preemption of state due-on-sale; laws, as
applicable.
8. WARRANTIES AND REPRESENTATIONS. Mortgagor makes to Lender the following warranties and
representations which will continue as long as this Security Instrument is in effect:
A. Power. Mortgagor is duly organized, and validly existing and in good standing in all jurisdictions,, in which
Mortgagor operates. Mortgagor has the power and authority to enter into this transaction and to carry on
Mortgagor's business or activity as it is now being conducted and, as applicable, is 'qualified to do so in each
jurisdiction in which Mortgagor operates.
B. Authority. The execution, delivery and performance of this Security Instrument an0 the obligation evidenced
by this Security Instrument are within Mortgagor's powers, have been duly autf orized, have received all
necessary governmental approval, will not violate any provision of law, or order Of court or governmental
agency, and will not violate any agreement to which Mortgagor is a party or to WHO Mortgagor is or any of
Mortgagor's property is subject.
C. Name and Place of Business. Other than previously disclosed in writing to Londer, Mortgagor has not
changed Mortgagor's name or principal place of business within the last 10 years a0d has not used!any other
trade or fictitious name. Without Lender's prior written consent, Mortgagor does not and will not use! any other
name and will preserve Mortgagor's existing name, trade names and franchises.
9. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Mortgagor will keep the !,Property in good condition
and make all repairs that are reasonably necessary. Mortgagor will not commit or allow any waste, impairment, or
deterioration of the Property. Mortgagor will keep the Property free of noxious weeds and grasses. Mortgagor
agrees that the nature of the occupancy and use will not substantially change without Lender's prior written
consent. Mortgagor will not permit any change in any license, restrictive covenant or easement without Lender's
prior written consent. Mortgagor will notify Lender of all demands, proceedings, claims, and actions against
Mortgagor, and of any loss or damage to the Property.
No portion of the Property will be removed, demolished or materially altered without Lenlder's prior written consent
except that Mortgagor has the right to remove items of personal property comprising a part of the Property that
become worn or obsolete, provided that such personal property is replaced with other personal property at least
equal in value to the replaced personal property, free from any title retention device, security agreement or other
encumbrance. Such replacement of personal property will be deemed subject to the security interest created by
this Security Instrument. Mortgagor will not partition or subdivide the Property without Lender's prior written
consent.
Lender or Lender's agents may, at Lender's option, enter the Property at any reasonable time for the purpose of
inspecting the Property. Lender will give Mortgagor notice at the time of or before ';an inspection specifying a
reasonable purpose for the inspection. Any inspection of the Property will be entirely for Lender's benefit and
Mortgagor will in no way rely on Lender's inspection.
10. AUTHORITY TO PERFORM. If Mortgagor fails to perform any duty or any of the dovenants contained in this
Security Instrument, Lender may, without notice, perform or cause them to be performed. Mortgaggr appoints
Lender as attorney in fact to sign Mortgagor's name or pay any amount necessary for performance. Lender's right
to perform for Mortgagor will not create an obligation to perform, and Lender's failure to perform will not preclude
Lender from exercising any of Lender's other rights under the law or this Security Instrument. If any construction
on the Property is discontinued or not carried on in a reasonable manner, Lender may take all steps necessary to
protect Lender's security interest'in the Property, including completion of the construction.
11. ASSIGNMENT OF LEASES AND RENTS. Mortgagor grants, bargains, conveys, roortgages and warrants to
Lender as additional security all the right, title and interest in and to any and all:
A. Existing or future leases, subleases, licenses, guaranties and any other written or verbal agreements for the
use and occupancy of any portion of the Property, including any extensions, renewals, modifications or
substitutions of such agreements (all referred to as Leases).
B. Rents, issues and profits (all referred to as Rents), including but not limited to security deposits, minimum
rent, percentage rent, additional rent, common area maintenance charges, parking !charges, real estate taxes,
other applicable taxes, insurance premium contributions, liquidated damages following default, cancellation
premiums, "loss of rents" insurance, guest receipts, revenues, royalties, proceeds, lionuses, accounts, contract
rights, general intangibles, and all rights and claims which Mortgagor may have that jn any way pertain to or are
on account of the use or occupancy of the whole or any part of the Property.
In the event any item listed as Leases or Rents is determined to be personal property, this Security Instrument will
also be regarded as a security agreement.
Mortgagor will promptly provide Lender with true and correct copies of all existing and future LeasesMortgagor
may collect, receive, enjoy and use the Rents so long as Mortgagor is not in default. Except for one lease period's
rent, Mortgagor will not collect in advance any future Rents without Lender's prior written consent.
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Upon default, Mortgagor will receive Rents in trust for Lender and Mortgagor will not commingle the Rents with
any other funds. Amounts collected will be applied at Lender's discretion to payments on the Secured Debts as
therein provided, to costs of managing, protecting and preserving the Property and to tiny other necesjary related
expenses including Lender's attorneys' fees and court costs.
Mortgagor agrees that this assignment is immediately effective between the parties to this Security Instrument and
effective as to third parties on Mortgagor's default when Lender takes an affirmative action as prescribed by the
law of the state where the Property is located. This assignment will remain effective during any period of
redemption until the Secured Debts are satisfied. Unless otherwise provided by state law, Mortgagor agrees that
Lender may take actual possession of the Property without commencing any legal action or proceeding. Actual
possession of the Property is deemed to occur when Lender notifies Mortgagor of Mortgagor's default and
demands that Mortgagor and Mortgagor's tenants pay all Rents due or to become due directly to Lender. On
receiving the notice of default, Mortgagor will endorse and deliver to Lender any payments of Rents.
Mortgagor warrants that no default exists under the Leases or any applicable landlord law. Mortgagor also agrees
to maintain, and to require the tenants to comply with, the Leases and any applicable law. Mortgagor will
promptly notify Lender of any noncompliance. If Mortgagor neglects or refuses to enforce compliance with the
terms of the Leases, then Lender may opt to enforce compliance. Mortgagor will obtain Lender's written
authorization before Mortgagor consents to sublet, modify, cancel, or otherwise alter the Leases, to accept the
surrender of the Property covered by such Leases (unless the Leases so require), or to assign, compromise or
encumber the Leases or any future Rents. If Lender acts to manage, protect and preserve the Property, Lender
does not assume or become liable for its maintenance, depreciation, or other losses or damages, except those due
to Lender's gross negligence or intentional torts. Otherwise, Mortgagor will hold Lender harmless an indemnify
Lender for any and all liability, loss or damage; that Lender may incur as a consequence of the assign ~ ent under
this section.
12. DEFAULT. Mortgagor will be in default if any of the following occur:
A. Payments. Mortgagor fails to make a payment in full when due.
B. Insolvency. Mortgagor makes an assignment for the benefit of creditors or becomes insolent, either
because Mortgagor's liabilities exceed Mort:gagor's assets or Mortgagor is unable to pay Mortgagors debts as
they become due.
C. Death or Incompetency. Mortgagor dies or is declared legally incompetent.
D. Business Termination. Mortgagor merges, dissolves, reorganizes, ends its business or existence, yr a partner
or majority owner dies or is declared legally incompetent.
E. Failure to Perform. Mortgagor fails to perform any condition or to keep any promise or covenant of this
Security Instrument.
F. Other Documents. A default occurs under the terms of any other transaction document.
G. Other Agreements. Mortgagor is in default on any other debt or agreement Mortgagor has with Leinder.
H. Misrepresentation. Mortgagor makes any verbal or written statement or provides any financial Information
that is untrue, inaccurate, or conceals a material fact at the time it is made or provided.
1. Judgment. Mortgagor fails to satisfy or appeal any judgment against Mortgagor.
J. Forfeiture. The Property is used in a manner or for a purpose that threatens confiscation by a lega~ authority.
K. Name Change. Mortgagor changes Mortgagor's name or assumes an additional name without notifying
Lender before making such a change.
L. Property Transfer. Mortgagor transfers all or a substantial part of Mortgagor's money or property. This
condition of default, as it relates to the transfer of the Property, is subject to the restrictions cont4ined in the
DUE ON SALE section.
M. Property Value. The value of the Property declines or is impaired.
N. Material Change. Without first notifying Lender, there is a material change in Mortgagor's business,
including ownership, management, and financial conditions.
0. Insecurity. Lender reasonably believes that Lender is insecure.
13. REMEDIES. Lender may use any and all remedies Lender has under state or fede6l law or in any; instrument
evidencing or pertaining to the Secured Debts, including, without limitation, the power to sell the Property. Any
amounts advanced on Mortgagor's behalf will be immediately due and may be added to the balance owing under
the Secured Debts. Lender may make a claim for any and all insurance benefits or refunds that may be available
on Mortgagor's default.
Subject to any right to cure, required time schedules or other notice rights Mortgagor may have under 'federal and
state law, Lender may make all or any part of the amount owing by the terms of the',Secured Debts immediately
due and foreclose this Security Instrument in a manner provided by law upon the 'occurrence of a default or
anytime thereafter.
All remedies are distinct, cumulative and not exclusive, and the Lender is entitled to all remedies provided at law or
equity, whether or not expressly set forth. The acceptance by Lender of any sum in payment or partial payment
on the Secured Debts after the balance is due or is accelerated or after foreclosure proceedings are fled will not
constitute a waiver of Lender's right to require complete cure of any existing default. By choosing any one or more
of these remedies Lender does not give up Lender's right to use any other remedy., Lender does not waive a
default if Lender chooses not to use a remedy, By electing not to use any remedy, Lender does not waive Lender's
right to later consider the event a default and to use any remedies if the default continues or happens again.
14. COLLECTION EXPENSES AND ATTORNEYS' FEES. On or after Default, to the extent permit~ed by law,
Mortgagor agrees to pay all expenses of collection, enforcement or protection of Lender's rights and remedies
under this Security Instrument. Mortgagor agrees to pay expenses for Lender to inspect and preserve the Property
and for any recordation costs of releasing the Property from this Security Instrument.' Expenses include, but are
not limited to, reasonable attorneys' fees after default and referral to an attorney not a salaried emplpyee of the
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Lender. These expenses are due and payable immediately. If not paid immediately;, these expenses will bear
interest from the date of payment until paid in full at the highest interest rate in effect as provided for ilhI the terms
of the Secured Debts. To the extent permitted by the United States Bankruptcy Code, Mortgagor agrees to pay
the reasonable attorneys' fees Lender incurs to collect the Secured Debts as awarded by any court] exercising
jurisdiction under the Bankruptcy Code.
15. ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES. As used in this section, (1) Environmental Law
means, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act! (CERCLA),
all other federal, state and local laws, regulations, ordinances, court orders, attorney general pinions or
interpretive letters concerning the public health, safety, welfare, environment or a hazardous substanr e; and (2)
Hazardous Substance means any toxic, radioactive or hazardous material, waste, pollutant or contami~ ant which
has characteristics which render the substance dangerous or potentially dangerous to the public heath, safety,
welfare or environment. The term includes, without limitation, any substances defined as "hazardous material,"
"toxic substance," "hazardous waste," "hazardous substance," or "regulated substance" under any Environmental
Law.
Mortgagor represents, warrants and agrees that:
A. Except as previously disclosed and acknowledged in writing to Lender, no Hazardous Substance hos been, is,
or will be located, transported, manufactured, treated, refined, or handled by any person on, under or about the
Property, except in the ordinary course of business and in strict compliance with all applicable En ironmental
Law.
B. Except as previously disclosed and acknowledged in writing to Lender, Mortgagor has not and will] not cause,
contribute to, or permit the release of any Hazardous Substance on the Property.
C. Mortgagor will immediately notify Lender if (1) a release or threatened release of Hazardous Substance
occurs on, under or about the Property or migrates or threatens to migrate from nearby property; or 1(2) there is
a violation of any Environmental Law concerning the Property. In such an event, Mortgagor will take all
necessary remedial action in accordance with Environmental Law.
D. Except as previously disclosed and acknowledged in writing to Lender, Mortgagor has no knowledge of or
reason to believe there is any pending or threatened investigation, claim, or proceeding of any kind) relating to
(1) any Hazardous Substance located on, under or about the Property; or (2) any violation by Mortgagor or any
tenant of any Environmental Law. Mortgagor will immediately notify Lender in writing as soon asl Mortgagor
has reason to believe there is any such pending or threatened investigation, claim, or proceeding. In such an
event, Lender has the right, but not the obligation, to participate in any such proceeding including the right to
receive copies of any documents relating to such proceedings.
E. Except as previously disclosed and acknowledged in writing to Lender, Mortgagor and every tenant have
been, are and will remain in full compliance with any applicable Environmental Law.
F. Except as previously disclosed and acknowledged in writing to Lender, there are no underground storage
tanks, private dumps or open wells located on or under the Property and no such ;tank, dump or vivell will be
added unless Lender first consents in writing.
G. Mortgagor will regularly inspect the Property, monitor the activities and operations on the Property, and
confirm that all permits, licenses or approvals required by any applicable Environmental Law are o4tained and
complied with.
H. Mortgagor will permit, or cause any tenant to permit, Lender or Lender's agent to enter and inspect the
Property and review all records at any reasonable time to determine (1) the existence, location an~ nature of
any Hazardous Substance on, under or about the Property; (2) the existence, location, nature, and magnitude of
any Hazardous Substance that has been released on, under or about the Property; or (3) whether or not
Mortgagor and any tenant are in compliance with applicable Environmental Law.
1. Upon Lender's request and at any time, Mortgagor agrees, at Mortgagor's expense, to engage ja qualified
environmental engineer to prepare an environmental audit of the Property and to submit the results of! such audit
to Lender. The choice of the environmental engineer who will perform such audit is subject to Lender's
approval.
J. Lender has the right, but not the obligation, to perform any of Mortgagor's obligations under this; section at
Mortgagor's expense.
K. As a consequence of any breach of any representation, warranty or promise made in this section, (1)
Mortgagor will indemnify and hold Lender and Lender's successors or assigns harmless from and;against all
losses, claims, demands, liabilities, damages, cleanup, response and remediation costts, penalties and, expenses,
including without limitation all costs of litigation and attorneys' fees, which Lender and Lender's successors or
assigns may sustain; and (2) at Lender's discretion, Lender may release this Security Instrument avid in return
Mortgagor will provide Lender with collateral of at least equal value to the Properly secured by this Security
Instrument without prejudice to any of Lender's rights under this Security Instruments
L. Notwithstanding any of the language contained in this Security Instrument to theicontrary, the terms of this
section will survive any foreclosure or satisfaction of this Security Instrument regardjless of any passage of title
to Lender or any disposition by Lender of any or all of the Property. Any claims and defenses to the contrary
are hereby waived.
16. CONDEMNATION. Mortgagor will give Lender prompt notice of any pending or threatened action by private or
public entities to purchase or take any or all of the Property through condemnation, enr inent domain, or any other
means. Mortgagor authorizes Lender to intervene in Mortgagor's name in any of the above describedl actions or
claims. Mortgagor assigns to Lender the proceeds of any award or claim for damages connected with a
condemnation or other taking of all or any part of the Property. Such proceeds will be considered payments and
will be applied as provided in this Security Instrument. This assignment of proceeds is subject to the terms of any
prior mortgage, deed of trust, security agreement or other lien document.
17. INSURANCE. Mortgagor agrees to keep the Property insured against the risks reasonably associated with the
Property. Mortgagor will maintain this insurance in the amounts Lender requires. This !insurance will last until the
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Property is released from this Security Instrument, Mortgagor may choose the insurance company, subject to
Lender's approval, which will not be unreasonably withheld.
All insurance policies and renewals will include a standard "mortgage clause" and, where applicable, "foss payee
clause." If required by Lender, Mortgagor agrees to maintain comprehensive general liability insurance and rental
loss or business interruption insurance in amounts and under policies acceptable to Lender. The comprehensive
general liability insurance must name Lender as an additional insured. The rental lobs or business interruption
insurance must be in an amount equal to at least coverage of one year's debt service, and required escrow account
deposits (if agreed to separately in writing.)
Mortgagor will give Lender and the insurance company immediate notice of any loss. All insurance prgceeds will
be applied to restoration or repair of the Property or to the Secured Debts, at Lender's ;option. If Lender acquires
the Property in damaged condition, Mortgagor's rights to any insurance policies and procleeds will pass to Lender to
the extent of the Secured Debts.
Mortgagor will immediately notify Lender of cancellation or termination of insurance. If Mortgagor fails to keep the
Property insured Lender may obtain insurance to protect Lender's interest in the Property. This insurance may
include coverages not originally required of Mortgagor, may be written by a company ;other than one Mortgagor
would choose, and may be written at a higher rate than Mortgagor could obtain if Mortgagor purchased the
insurance.
18. ESCROW FOR TAXES AND INSURANCE. As provided in a separate agreement, Mortgagor agrees: to pay to
Lender funds for taxes and insurance in escrow.
19. CO-SIGNERS. If Mortgagor signs this Security Instrument but does not sign the Secured Debts, ',Mortgagor
does so only to mortgage Mortgagor's interest in the Property to secure payment Of the Secured Debts and
Mortgagor does not agree to be personally liable on the Secured Debts. If this Secority Instrument! secures a
guaranty between Lender and Mortgagor, Mortgagor agrees to waive any rights that;may prevent Lender from
bringing any action or claim against Mortgagor or any party indebted under the obligation. These rights may
include, but are not limited to, any anti-deficiency or one-action laws.
20. WAIVERS. Except to the extent prohibited by law, Mortgagor waives all homestead exemption rights relating
to the Property.
21. APPLICABLE LAW. This Security Instrument is governed by the laws of Wyoming, except to the extent
otherwise required by the laws of the jurisdiction where the Property is located, and the United States of.America.
22. JOINT AND INDIVIDUAL LIABILITY AND SUCCESSORS. Each Mortgagor's obligations under this Security
Instrument are independent of the obligations of any other Mortgagor. Lender may sue each Mortgagor individually
or together with any other Mortgagor. Lender may release any part of the Property nd Mortgagor will still be
obligated under this Security Instrument for the remaining Property. The duties anc benefits of this Security
Instrument will bind and benefit the successors and assigns of Lender and Mortgagor.
23. AMENDMENT, INTEGRATION AND SEVERABILITY. This Security Instrument may riot be amended or modified
by oral agreement. No amendment or modification of this Security Instrument is effective unless made in writing
and executed by Mortgagor and Lender, This Security Instrument is the complete ad final expression of the
agreement. If any provision of this Security Instrument is unenforceable, then the une forceable provision will be
severed and the remaining provisions will still be enforceable.
24. INTERPRETATION. Whenever used, the singular includes the plural and the plurali includes the singular. The
section headings are for convenience only and are not to be used to interpret or define) the terms of this Security
Instrument.
25. NOTICE, FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Unless otherwise required by law, any
notice will be given by delivering it or mailing it by first class mail to the appropriate party's address listed in the
DATE AND PARTIES section, or to any other address designated in writing. Notice to one party will be deemed to
be notice to all parties. Mortgagor will inform Lender in writing of any change in Mortgagor's name, address or
other application information. Mortgagor will provide Lender any financial statements or information Lender
requests. All financial statements and information Mortgagor gives Lender will be correct and complete.
Mortgagor agrees to sign, deliver, and file any additional documents or certifications; that Lender may consider
necessary to perfect, continue, and preserve Mortgagor's obligations under this Security, instrument and to confirm
Lender's lien status on any Property. Time is of the essence.
SIGNATURES. By signing, Mortgagor agrees to the terms and covenants contained ill this Security Instrument,
Mortgagor also acknowledges receipt of a copy of this Security Instrument.
MORTGAGOR:
MIKE RICHINS
N LLIE RIC I S
LENDER:
First National Bank - West
0°"t
Don Staley, Afton Loan Officer
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ACKNOWLEDGMENT.
(Individual)
eDwJT y OF G-l AJCOG,cJ S! OF a001s.
This instrument was acknowledged before me this 'da, of
MIKE RICHINS, and NELLIE RICHINS. n
(Notary Puoic)
(Lender Ackno ed~]R 'Icy Com n Fx7ir - Sept, 3 2003
This instrument was acknowledged before me this
Don Staley as Afton Loan Officer of First National Bank - West
My commission expires;
174
AGbl by
r by
VALLEY HI MOTEL Q
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t 873 3~:U0 EXHIBIT "A" ! 175
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' TRACT T: That part of Tract go 1 ; • of T"N'
posted limits of the own of C kevIle RL 1~1, within the incur-
being part of that tract of record in the oiYCe ofuthe' Wyoming
Lincoln County in Book 4 of Photostatic Records on page er1lc l5o,
described as follows: ~
Commencing at 'a corner on the wrest right-olf-way '
Highway 30N, N82"15.51W i
Tract 90 where found a' 1655.11 feet from lo,1 of state
2" galvanized stoe1pipe 28" c>rne~ No. 2 -of g said
type ) with brass cap inscribed "PAUL N. scnr,, h11 LIZLS164 18IG PINEY
WYOMING T24N R119W
TR90w TR91 l£i66" ;
1 6
TR74 TR76
identical with the northeast corner of thaj; tract o4 land of
record in the said Office in Book 72 of Photostatic ocords on
page 389;
thence N11'351W, 92.00 feet along the said rich -
corner; t of-way sine to a
thence continuing N11-351W, way line to the Corner of eginni S,feet alongi the said right-of-
way
continuing N11"35'W
205.5 feat along Ithe said right-of-
way line to a corner;
thence S78"251W, 206.68 feet to a corner;
thence S10"141E, 197.19 fact to a corner;
thence N80'41'R, 211,49 feet to the Corner of ~eginning.
' each corner being marked by a 2„ I
( BLA! type) with brass• ea galvanized s •eel pipe 28 long
PINEY WYOMING" -and appropriate details AUL No I IIRRDI;L nL 164 DIG
the base bearing for this survey is the line between co
rnrs Nos,
1 and 2 of Tract No. 90 with a record of North;;
I
all in accordance with the map prepared and filed in the said
Office.
TRACT U: That ract
It T24N,
90 Posted limits ofr thef `1 own of Co o
iZ119W,'within the''incor-
Y, yoming
being part of that tract of record in villthe LOffic n of uthe Clerk of
Lincoln County in Book 4 of photostatic Recoirds on page 115,
described as follows;
Commencing at a corner on the west right-of-way
Highway 30N, N82"15.5'W, 1655.11 feet from Cor er
Tract 90 where found a 2"
type) with brass cap inscribed )"PAUL eN. SCHERBE RI
WYOMING T24N, R119W
TR90 TR91 196511
;
TR74 TR76
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line of State
No, 2 of said
28" lonig ( BLM
jS164 BI0, Piny
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1 6
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identical with the northeast corner of tha1~ tract of land of
record in the said Office in Dook 72 of C ho ~ostatic Records on
page 389;
thence N117 35' W, 92.00 feet along the said rig~it-of--wily 4ine to a
corner;
thence continuing N11135'W, 137.95 feet alQnt~ said right-of-way
line to a corner;
thence continuing N11'35'W, 205.5 feet along) said righjt•-of-way
line to 'the Corner of Beginning;
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thence continuing N11'35'14, 318.05 feet alonglt'he said rig
way line to a corner; 6ht-of~
thence N78'25'2, 25,0 feet along said right~of-way line to a
corner;
thence continuing N78.251B. 3.0 feel: along; sai(~ right'-of-t; ay line
to a corner;
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thence N11'3511J, 131.2 feet along the said right-of-way line to a
corner identical with the southeast corner of hat tract;of land
of record in said Office in Doodc 98 of Photo
page 559; tatic Records on
thence S56'24 "W, 197.27 feet along the south .l'i'ne of said tract
to a corner;
thence S71'56114, 03.76 feet along the south lir of said tract to
a corner; '
thence S10' 14'•t;, 371.01 feet to a• corner;
thence N78'251)✓,206.68 feet to the Corner of D b►inning;
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each corner being mar-iced by a 2" galvanized st el pipe 2V long
(nLM type) with 'brass cup inscribed "PAUL N. SCIERDLL RLS$64 BIG
PINZY WYONING"Iand appropriate details;
the base bearing for this survey is the line bc;~weon corner Nos.
1 and 2 of Tract No, 90 with a record of North;
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all in accordance with the map prepared and fled in the said
Office
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