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HomeMy WebLinkAbout954499NOTICE OF CONTRACT AND OBLIGATION PLEASE TAKE NOTICE that GEM VIEW ENTERPRISES, LLC, ASPEN RIDGE RANCH, LLC, WHISPER RIDGE HOLDINGS, LLC, SPIRIT RIDGE MINERAL SPRINGS, LLC, JAMES IVAN RIDGE and the JAMES IVAN RIDGE TRUST U /A /D 12.21.99 [hereinafter collectively referred to as "Debtors have entered into and executed a COVENANT NOT TO EXECUTE AND SETTLEMENT AGREEMENT with SUZANNE GANO, which covenant and agreement provides Gano with certain rights, obligations and remedies as a contracting party and judgment creditor in regard to that real property located in Lincoln County, Wyoming described as follows: S�ANWI /4, Lots 1, 2, 3 and 4 of Section 5; Lots 1, 2 and 3 of Section 6; also beginning at the Northwest corner of SE'/ of Section 6, thence North 80 rods, thence East 160 rods; thence in a Southwesterly direction to the point of beginning, all in T31N, R119W of the 6th P.M., Wyoming; and ALSO S'/ZSE'/4 and SEl /4SW% of Section 32; and S%S%/ZSE' /4 of Section 31, both in T32N, R119Wof the 6th P.M., Wyoming. EXCEPTING THEREFROM: Beginning at the Southeast Corner of Lot 1 (NE'/NE'/4) of Section 5, T31N, R119W and running thence West 20 rods, thence in a Northwesterly direction to a point approximately 46 rods West of the Northeast corner of Lot 1 thence in a Northeasterly direction to a point approximately 12 rods West of the Northeast Corner of Lot 4 (SE%SE%) of Section 32, T32N, R119W, thence East 12 rods, thence South approximately 160 rods to the point of beginning. AND ALSO EXCEPTING THEREFROM: Beginning at a point which is 307.31 feet North and 762.07 feet West of the NE Corner of Section 5, T31N, R119W and proceeding thence S89° 46' W, 1218.56 feet; thence South, 229.50 feet; thence S61° 40' W, 93.73 feet; thence South, 386.02 feet; thence N89° 46' E, 1464.65 feet; thence N14° 28W, 122.80 feet; thence N13° 48' W, 557.19 feet to the point of beginning. ALSO EXCEPTING THEREFROM That part of General Land Office Lot 4 (SE'/4SE'/) of Section 32, T32N, R119W, Lincoln County, Wyoming, being part of that tract of record in the office of the Clerk of Lincoln County in Book 132 of Photostatic Records on page 166, described on the attached "Description for LaMont R. Merritt and Shirley Y. Merritt, husband and wife, Max R. Merritt and Mary W Merritt, husband and wife, Blaine R. Merritt and Patricia Ellen Merritt, husband and wife, Child Merritt Pipeline Spring Tract a legal description prepared by Marlowe A. Scherbel, dated 5 April, 1991. r z o O C) r on,- n m o c- Z Z -4 z (7 z m rn -0 w o Zm to o g Tyco rn rn The ownership and possessory interest of any of the Debtors in and to the above described real property is contingent upon said Debtors compliance and satisfaction of all of those terms, conditions and obligations as set forth in the Covenant Not to Execute and Settlement Agreement, and satisfaction of Gano's creditor's claim described therein. Anyone seeking further information as to the contract and obligations herein noticed should contact the attorney designated below. Witness my hand this 9 day of July, 2010. STATE OF WYOMING ss. COUNTY OF ALBANY Witness my hand and official seal. SARAH GOLDEN NOTARY PUBLIC COUNTY OF •f STATE OF ALBANY WYOMING MY COMMISSION EXPIRES APRIL 7, 2013 My Commission Expires: P r� C` ARON and HENNIG, LLP BY: a% G LEN WOELK WSB 6 -3300 First Interstate Bank Building 221 Ivinson St., Suite 200 Laramie, WY 82070 Tel: (307)- 742 -6645 The foregoing NOTICE OF CONTRACT AND OBLIGATION was acknowledged personally before me by GALEN WOELK, in his capacity as attorney for Suzanne Gano, this Othday of July, 2010. NOTAR PUBLIC