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MORTGAGE
Nate Directonal Services, LLC, of P.O. Box 122 CokevilleCokeville,Wyoming WY
83114, (herein collectively called `MORTGAGOR to secure the payment of
$27,000.00, as provided in and evidenced by a promissory note of even date herewith
(the ultimate maturity date of which is November 28, 2011) and all renewals,
modification and extensions thereof, do hereby mortgage unto Ida M. Beck of P.Q. Box
172 Cokeville, WY 83114 (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 Tract 83, Township 24 North, Range 118 West of the 6 P.M., Lincoln County,
Wyoming, said part being more particularly described as follows: Commencing at a point
on the East line of said Tract, North 0 °44'00" West 420.48 feet from corner number 4 of
tract 90 in saki township, said point also being on the North line of First North Street as
shown on the map of the Collett First Addition to the Town of Cokeville; running thence
North 89 °10'00" West 261.00 feet along the North line of said street; thence North 0 °44'00"
West 230.00 feet; thence South 89 °10'00" East 257.00 feet; thence South 18 °35'33" East 7.80
feet; thence South 0 °44'00" East 223.90 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 m 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,
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.
00022'7
RECEIVED 3/1/2011 at 2:41 PM
RECEIVING 958298
BOOK: 763 PAGE: 227
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Witness our hands this day of
Nate Directional Services, LLC
By: Brun K Nate Manager
State of Wyoming F
County of l°�r�m.
NaDene Dana NOTARY PUBLIC
County of
Lincoln
My Camn:r,::i Expires May 20, 2013
2011,
This Instrument was acknowledged before me on ,,:4 day of,
2011 By Brian K. Nate, Manager of Nate Directional S e vices, LLC.
.AL/n4, e�Q ctirae
(Signature f Notarial Officer)
My Commission Expires:
‘12') 0:c0 d1
State of
Wyoming
000228