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HomeMy WebLinkAbout962928MORTGAGE DEED WITH RELEASE OF HOMESTEAD Richard Hensel and Carolyn L. Hensel Mortgagor(s), of Clay County, State of Florida to secure payment of thirteen thousand four hundred fifty -seven dollars and 46/100 Dollars 13,457.46 due September 1 2017 with interest from September 9 2011 at the rate of six point nine five (6.95) per cent per annum payable monthly, evidenced by Promissory Note of even date herewith, in monthly installments of two hundred twenty -nine dollars and 11 /100 Dollars 229.11 each, including interest, commencing on the ls` day of October 2011, and continuing on the same day of each month thereafter, do(es) hereby mortgage and warrant to LEISURE VALLEY, INC., a Nevada Corporation, Mortgagee, of Lincoln County, Wyoming, the following described real property in the County of Lincoln, State of Wyoming: Lot 743 of Star Valley Ranch RV Park Plat 4 Stage 2 This mortgage is being recorded to correct the legal description on the mortgage previously recorded on 11/08/11 at Page 782 of Book 775. Mortgagor(s) agree_ to pay the indebtedness according to the terms and conditions of that certain Promissory Note hereinabove described, executed by Mortgagor(s) to Leisure Valley, Inc., and during the life of this mortgage to pay all taxes and assessments against the premises. If Mortgagor(s) fail_ to pay such taxes or assessments, Mortgagee may pay the same, and all sums paid by Mortgagee for such purpose shall be added to and considered as a part of the indebtedness and shall draw interest at the same rate. If default occurs in the payment of the indebtedness or in the payment of any installment thereof, or if default occurs in any of the covenants and agreements hereof or under the aforesaid Promissory Note, then the whole indebtedness shall, at Mortgagee's option, become due and payable forthwith, and Mortgagee may foreclose this mortgage either by advertisement and sale of the premises as provided by the statutes of the State of Wyoming, or by an action in equity. This will be Mortgagee's sole remedy against Mortgagor(s) in case of default by Mortgagor(s). Out of the proceeds of any foreclosure the Mortgagee shall retain or receive all sums due to it hereunder and costs of foreclosure and sale, including attorney fees in an amount equal to Ten Percent (10 of the indebtedness remaining unpaid at the time of such sale, and the same shall be taxed as costs in any equitable action brought to foreclose this mortgage. To fully assure Mortgagee the benefits of the security interest in the premises granted to it hereunder, Mortgagor(s) hereby assign to Mortgagee all rents hereafter payable for the use and occupancy of the premises by any person in possession thereof with Mortgagor's consent. If default occurs in any of the the covenants and agreements herein contained or under the aforesaid Promissory Note, whether or not Mortgagee elects to foreclose this mortgage on account thereof, Mortgagor(s) hereby authorize Mortgagee to collect the rents from the premises and to apply the same to the payments on the indebtedness secured hereby until such default is remedied. In the event of foreclosure of this mortgage upon default, Mortgagee shall be entitled to the possession and enjoyment of the premises and rents and profits thereof from the time of such default and during the pendency of foreclosure proceedings and period of redemption, if any. If Mortgagor(s) shall fail to surrender such possession to Mortgagee promptly upon its request therefor, Mortgagee may compel delivery thereof by ejectment action or other civil proceedings appropriate for that purpose. Furthermore, in addition to the remedies otherwise provided for in this mortgage and by law and as a matter of right without regard to the solvency or insolvency of Mortgagor(s), or the value of the premises or the insufficiency thereof to discharge the indebtedness and costs of foreclosure and sale, Mortgagee shall be entitled to receive from the premises the rents, issues and profits thereof from the time of default to the expiration of any redemptive period provided by law. A receiver may be appointed by any court of competent jurisdiction upon ex parte application without notice, notice being hereby waived and appointment of a receiver upon such application being hereby consented to by the Mortgagor(s). MORTGAGORS(S) HEREBY RELINQUISH AND WAIVE all rights under and by virtue of the homestead exemption laws of the State of Wyoming. /24 2v 12- Dated this day of \ah.0 Q r 201'1. MORTGAGORS: OcIliCj(Ilia e id�. ss. On this day of ll, before me personally appeared Richard Hensel and Carolyn L. Hensel known to me to be the person(s) described in and who executed the foregoing instrument, and acknowledged that they executed the same as their free act and deed, including the release and waiver of the right of homestead. WITNESS my hand and seal. 1A cte -hee My commission expires 22\S CORRECTIVE e t-cyua NOTARYIPUBLIC in and for said County and State 001.38 RECEIVED 1/26/2012 at 12:28 PM RECEIVING 962928 BOOK: 780 PAGE: 138 JEANNE WAGNER 1 INC,OL N COUNTY CLERK. KEMMERER. WY DESCRIPTION OF THE ATTACHED DOCUMENT COr e 14bruie *A .1 (Title or description of a t. ch: document) feita.. S}e (Title or description of attached document continued) Number of Pages D urne Date t l 't) 12 (Additional information) State of California County of 1 On Jati,uarig X12 personally appeared CALIFORNIA ALL- PURPOSE CERTIFICATE OF ACKNOWLEDGMENT before me, (Here insert name and itle of the officer) R6arcI and L \-1-e vied 00139 who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) Vare.subscribed to N;t ii .h. aut the within instrument and acknowledged to me that l�ist�eithey executed the Sd.;:; tit cli�ti uu�..,;,.,,:,,�. capacity(ies), and that by hs/h\r /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature of tary Public CAPA ITY CLAIMED BY THE SIGNER Individual (s) Corporate Officer (Title) Partner(s) Attorney -in -Fact Trustee(s) Other 2008 Version CAPA v12.10.07 800 873 -9865 www.NotarvClasses.com (Notary Seal) ADDITIONAL OPTIONAL INFORMATION INSTRUCTIONS FOR COMPLETING THIS FORM Any acknowledgment completed in California must contain verbiage exactly as appears above in the notary section or a separate acknowledgment form must be properly completed and attached to that document. The only exception is if a document is to be recorded outside of California. In such instances. any alternative acknowledgment verbiage as may be printed on such a document so long as the verbiage does not require the notary to do something that is illegal for a notary in California (i.e_ certifying the authorized capacity of the signer). Please check the document carefully for proper notarial wording and attach this form if required. State and County information must be the State and County where the document siencr(s) personaoy appeared beiorc the notary pui is for acknowledgment. Date of notarisation mast he the rare that the signelisi personally appeared which must also be the same daie the acknowledgment is completed. The notary public must print his or her name as it appears within his or her commission followed by a comma and then your title (notary public). Print the name(s) of document siener(s) who personally appear at the time of notarization. Indicate the correct singular or plural forms by crossing off incorrect forms (i.e. he /she /t -hey,— is /are or circling the correct forms. Failure to correctly indicate this infonmation may lead to rejection of document recording. The notary seal impression must be clear and photographically reproducible. Impression must not cover text or Tines. If seal impression smudges, re -seal if a sufficient area pennits, otherwise complete a different acknowledgment fonn. Signature of the notary public must match the signature on file with the office of the county clerk_ Additional information is not required but could help to ensure this acknowledgment is not misused or attached to a different document. Indicate title or type of attached document, number of pages and date. Indicate the capacity claimed by the signer. If the claimed capacity is a corporate officer, indicate the title (i.e. CEO, CFO, Secretary). Securely attach this document to the siened document ANGELA V WILM&ARELA COMM. *1953358 NOTARY PUBLIC CALIFORNIA 3 RNERSIbE COINrRY Connlibfdon S:PT 23, 20.15