HomeMy WebLinkAbout967537Charles Walter Luthy Jr., Trustee of Charles Walter Luthy Jr. Revocable Trust dated
7/3/2012 (herein called "Mortgagee the following described real property, situate in
the County of Lincoln, State of Wyoming, hereby releasing and waiving all rights under
ai and by virtue of the homestead exemption laws of the State of Wyoming, to -wit:
a M Lot 21 in Kemmerer Industrial Park #1, Lincoln County, Wyoming as described on
g the official plat thereof.
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, covering the insurance
improvements on the Property against loss by fire and earthquakes, with extended
8 coverage, in an amount not less than the unpaid balance of the debt hereby secured, or the
te 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 assessment, 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 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 in 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, common and out of
the proceeds of such sale Mortgagee shall pay all sums due hereunder, together with all
cost of sale including reasonable attorney's fees. If the proceeds of the foreclosure sale
are insufficient to pay the indebtedness hereby secured and foreclosure cost. Mortgagee
shall be entitled to a deficiency judgment.
In the event of any default whereby the right of foreclosure occurs hereunder,
mortgage shall at once become entitled to exclusive possession. Use and enjoyment of
the property, and all rents, issues and profits from the accruing of any such rights and
during the pendency of the foreclosure proceed, and the period of redemption, if any
there be.
RECEIVED 10/24/2012 at 4:35 PM
RECEIVING 967537
BOOK: 796 PAGE: 770
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
MORTGAGE
00770
T D Properties LLC, a Wyoming Limited Liability Company, whose address is 1003
Elkol Court, P.O. Box 1157, Kemmerer, WY 83101 (herein collectively called
"Mortgagor to secure the payment of SEVENTY THOUSAND DOLLARS
($70,000.00) with interest thereon, as provided in and evidences by a promissory note of
even date herewith the ultimate maturity date of which is and all renewals, modification
and extensions thereof, do hereby mortgage unto
Mortgagor warrants title to the property as to parties claiming, by through or
under the Mortgagor only.
Witness our hands this
"p„,,
I MMQA Ma-s1
STATE OF WYOMING
)ss.
COUNTY of Lincoln
The foregoing instrument was acknowledged before me by
D Properties LLC, on the day of D Gd v 6-
Witness my hand and official seal.
SNELLEY SANDAU. NOTARY PU8UC
Comilyof Vide of
Lino* Morning
My Commission Expires: 45 cs
day of 004 G tr 2012.
T D Properties, LLC
Notary Public
Miner, Manager
T iilt f' 4 4o-ot. M,
Danny Miner, Manager of T
2012.
00771