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HomeMy WebLinkAbout872751BOOK PR PAGE 2±.. r ;;;;;It RELEASE t This SEE 800K OF MJRTGAiES M9ih P CEIvLU LINCOLN COUNTY CLERK John Thomas Tobin, I L4 1 �1E: �tER. VOWING J Jr. and 'Icicle A. Tobin, of P.O. Box 1688, Jackson, Wyoming 83001, (herein called "MORTGAGOR to secure the payment of Fifteen Thousands Dollars ($15,000.00), together with interest thereon at the rate of eight percent (8 per annum, being due and payable in twenty -four (24) equal monthly installments of principal and interest, in the amount of Six Hundred Seventy Eight Dollars and Forty Cents ($678.40) each, the first of such YYi tall a is 4f principal and interest being due and payable on the 16`"id p ay of A ,n ±4 with like installments being due and payable on the same day of each month for twenty three (23) months thereafter, with the final installment to include the entire remaining principal balance due together with all accrued and unpaid interest and costs, as provided in and evidenced by a promissory note of e' e #erewith (the ultimate maturity date of which is the 16 of i 0) and all renewals, modifications and extensions thereof, does hereby mortgage unto Sharon M. Gill, of P.O. Box 503, Jackson, Wyoming 83001, (herein called "MORTGAGEE the following described real property, situate in the County of Lincoln, State of Wyoming, hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State of Wyoming, to -wit: Lot 6 of the Lazy B Subdivision, Lincoln County, Wyoming according to that plat recorded in the Office of the Lincoln County Clerk on December 31, 1991, as Instrument No. 742138. TOGETHER with all and singular the improvements and appurtenances thereon or thereunto appertaining (the "Property"). 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 insurable `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 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 MORTGAGEE first had and obtained, then the whole indebtedness hereby secured, with interest thereon, shall become due and z -Teas iepujo pue pun! Au! ssaulIM LOOZ '7 j1 ;o Xep 41,91 spp 'utgo j V aptaH pue 'if 'u qo,L seuzotij, utio j £g atu axo ;ag apaiMompe sera luauznxlsut Suio2axo; aril NOIdI JO A.LNf1Oi ss( ONIIAIOAM dO anus L00£8 2uiuzoXM 'uos'pe f 8891 xog 'ad 2IOOVOI2IOIAi 3o ssaxppy uigo' •v ap p LOOZ ;o /cep sail pueti Au! SSSNIIM 'COI 'IVIS 'OAM NI QSNIddQ SV JCl2Idd02id IV2If1I1f1OIDIOV ION SI'A.12IadO2Id dHI 2I0OvaI2IOY\i xapun JO Onoxtil Mfg '2utuziep satlxed o} se Xlxadoxd all 04 app sluexxenl 2IOOvOI2IOm •ag axatp /cue ;t'uoilduxapax ;o potxad aril pup's2uipaaaoxd a insopaio; aul jo Xauapuad aul 2utxnp pue smSp rims Niue jo 2utnxaae aril tuox; slt ;oxd pue sansst 'qua! Tie of pue 'Xlxadoxd aril jo luatuXo[ua pue asn 'uotssassod anisnpxa 04 pappua amoaag aauo le Timis aaovonIOIAI 'xapunaxati sxnaao axnsopaxo; ;o I421x all XgaxatiM line;ap /cue ;o luana aril uI •luau Spn[ XDu p ;ap of pailtlua aq !Tugs ddOVO,LJIOJA 'slsoa axnsopaxo; pue pampas ssaupalgaput aril /cud 04 luap ;nsut ale ales axnsopaxo; aril jo spaaaoid aul ;I •saa; s,4auxolle aigeuoseax 2utpnput 'airs ;o slsoD Tie 44 M xatila2o4 'xapunaxati anp sums Tie fed Hugs ddOHOI2ioi' r 'ales tins ;o spaaaoxd aril ;o Ino pue 'XIxadoxd aril i1as pue uo asopaxo; 04 'mu! 2uiuxano2 gig paztxolpne as!Mxatilo se xo /pue ales pue luaumastlxanpe gig paaaoxd Aux 'suBIsse pue santleluasaxdax i' i S,ddOvaIiIOLAi pue 'ddOHOI2IoYq ;o uoildo aril 4u 'aigeXed