HomeMy WebLinkAbout964677Assignment of Note and Mortgage
For value received, the receipt of which is acknowledged, I, Tyson Thomas,
President of Thomas Drilling, Inc., of 131 West Rocky Road, Afton, County of Lincoln,
State of Wyoming, assign all my interest in a Promissory Note and Mortgage dated
November 15th, 2011 attached to this instrument, and in its collateral, to The Bank of
Star Valley, of 384 Washington St., Afton, Lincoln County, Wyoming.
The property that is at issue in the Promissory Note and Mortgage is located in
Afton, Lincoln County, Wyoming with the following legal description:
See Exhibit A which is attached hereto and incorporated herein by reference.
In connection with the above assignment, I warrant that:
A. The contract is the result of a sale of my own property or services;
B. I have full title and right to convey the attached contract free of any
encumbrance, lien, or any interest of third parties, of any nature;
C. All services in connection with the attached contract will be completed
according to the contract at the time it is sold to assignee;
D. The contract accurately and correctly reflects a genuine, bona fide sale and the
price and terms of such sale, and is valid and in compliance with any applicable
installment sales law or other applicable state or federal law or administrative
regulation;
H. There is no undisclosed delinquency;
I. The down payment is correctly stated in the contract;
J. I have received cash, or its proper equivalent, for the down payment;
K. The contract is the entire contract between myself and the obligor as to the
sale of goods or services evidenced in such contract;
RECEIVED 5/23/2012 at 9:32 AM
RECEIVING 964677
BOOK: 786 PAGE: 562
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
E. The goods or services covered by the attached contract have been
unconditionally accepted by the parties to the contract;
F. At the time the contract is sold to assignee, the goods and services will be in the
possession of the obligor and are the identical goods and services described in or
related to the contract;
G. The amount due from the obligor is not disputed or subject to any set -off,
deduction, credit or counterclaim;
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L. There is no undisclosed agreement, concession, or litigation of any nature
affecting the attached contract;
M. All the parties to the contract were competent at the time it was executed; and
N. There are no valid defenses in law or in equity to the attached contract as it
exists in the hands of the assignee after this conveyance.
I engage that the contract will be paid according to its tenor, and that if it is not, I shall
pay it to assignee or any subsequent assignee, regardless of the order in which
assignments are made.
WITNESS our hands this
STATE OF WYOMING
COUNTY OF LINCOLN
AUBREY OSLUND NOTARY PUBLIC
COUNTY OF STATE OF
LINCOLN_ WYOMING
W COMMISSION WINS MINER 5,2012
My Commission Expires: 12/ 512.
day of V 2D
TYSO HOMAS,
President of Thomas Drilling, Inc.
SS.
The foregoing instrument was acknowledged before me by TYSON
THOMAS, who personally appeared and was personally known to me, and after being
dully sworn and upon his oath, represented that he was the President of Thomas
Drilling, that the instrument was signed on behalf of Thomas Drilling, by the authority
of the Board and that he executed the foregoing instrument on behalf of Thomas
Drilling, and that this instrument was the free act and deed of Thomas Drilling, this
S ill day of 1\4 aim 2012
WITNESS my hand and official seal.
PARCEL 2
That part of the South Half of the Southwest Quarter of Section 19, Township 32 North, Range 118
West, within the Incorporated Limits of the Town of Afton, Lincoln County, Wyoming, being part of
that tract of record in the Office of the Clerk of Lincoln County in Book 378 of Photostatic Records on
page 115, described as follows:
BEGINNING at the northeast corner of said South Half of the Southwest Quarter;
thence North 88°56'30" West, 1313.47 feet, along the north line of said South Half of the
Southwest Quarter, to northeast corner of the Southwest Quarter of the Southwest Quarter
of said Section 19;
thence North 88°53'30" West, 612.55 feet, along the north line of said South Half of the
Southwest Quarter, to a northeast point of that tract of record in said Office in Book 438
of Photostatic Records on page 601;
thence South 00 °I2'0o" East, 366.91 feet, along an east line of said tract, to an angle point of
said tract;
thence South 89 06'19" East, 507.39 feet along a north line of said tract, to a northeast point
thereof;
thence South 00 °41'43" West, 278.82 feet, along an east lime of said tract, to the southeast P -K
nail thereof;
thence North 89°36'18" West, 502.97 feet, along the south line of said tract, to the southeast
paint of that tract of record in said Office in Book 451 of Photostatic Records on page 751;
thence continuing, North 89 °36'18" West, 504,32 feet, along the south line of said tract in Book
451, to the southeast point of that tract of record in said Office hi Book 455 of Photostatic
Records on page 392;
thence continuing, North 89°36'18" West, 196.05 feet, along the south line of said tract in Book
455, to a spike on the west line of said South Half of the Southwest Quarter;
thence South 00 °12'00" East, 673.85 feet, along said west line, to the southwest corner of said
South Half of the Southwest Quarter;
thence South 89 °25'54" East, 50.54 feet, along the south line of said South Half of the
Southwest Quarter, to a point on the easterly right-of-way Iine of U.S. Highway 89 being
identical with the southwest point of that tract of record hi said Office in Book 455 of
Photostatic Records on page 201;
thence North 00°12'06" West, 614.00 feet, along said right-of- -way line, to a point on the
southerly line of a sixty (60) foot access and utility easement;
thence South 89 °36'18" East, 474.35 feet, along said southerly line, to a point;
thence South 00 °14'37" East, 149.50 feet to a point;
thence North 89 West, 175.50 feet, to a point on a west line of that tract of record in said
Office in Book 378 of Photostatic Records on page I12;
thence South 00 °14'37" East, 465.41 feet, along said west line, to a point on the south line of
said South Half of the Southwest Quarter;
thence South 89 °25'54" East, 960.84 feet, along said south line, to the southeast corner of the
Southwest Quarter of the Southwest Quarter of said Section 19;
thence South 89 °25'28" East, 1310.88 feet, along the south line of the Southeast Quarter of the
Southwest Quarter of said Section 19, to the southeast corner thereof;
thence North 00°00'05" West, 1309.24 feet, along the east line of said South Half of the Southwest
Quarter, to the CORNER OF BEGINNING.
EXCEPTING THEREFROM the following described tract:
BEGINNING at a position on the north line of said tract in Book 492 of Photostatic Records on page 731
in the Office of the Lincoln County Clerk, North 88°56'30" West, 780.31 feet, from the northeast corner
of said tract;
thence North 88 °56'30" West, 533.16 feet, along said north line, to the northwest corner of the Northwest
Quarter of the Southwest Quarter of Section 19, Township 32 North, Range 118 West, Lincoln
County, Wyoming;
thence North 88 °53'30" West, 612.55 feet, along said north line, to a northwest point of said tract in
Book 492;
thence South 00°12'00" East, 366.91 feet, along a west line of said tract in Book 492, to a point;
thence South 89 °06'19" East, 507.39 feet, along a south line of said tract in Book 492, to a point;
thence South 00 °41'43" West, 278.82 feet, along a west line of said tract in Book 492, to a PK -nail;
thence continuing Synth 00 °41'43" West, 347.44 feet, to a position on the north line of a sixty (60) foot
access and public utility easement;
thence South 89 °25'38" East, 538.58 feet, along the north line of said sixty (60) foot easement, to a
position on the approximate thread of the Balling Ditch;
thence coursing said thread as follows:
South 16 °08'55" East, 97.88 feet, to a position;
South 38°08'35" East, 64.43 feet, to a position;
South 47 °57'46" East, 77.01 feet, to a position;
South 57 °12'56" East, 87.99 feet, to a position;
South 52 °34'14" East, 146.84 feet, to a position on the south line of said South Half of the
Southwest Quarter, and leave said thread;
thence South 89 °25'28" East, 360.00 feet, along said south line to it position;
thence North 23 °17'20" West, 1438.76 feet, to the POSITION OFBE'GINNING.
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