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HomeMy WebLinkAbout968753172604 MORTGAGE DEED WITH RELEASE OF HOMESTEAD Together with all improvements thereon and all rights, appurtenances and hereditaments thereunto belonging or in anywise appertaining. SUBJECT, HOWEVER, to all easements, rights -of -ways, reservations and restrictions now of record or otherwise affecting said lands. Beau Erickson and Jennifer Erickson, husband and wife of P.O. Box 1323, Afton, WY 83110, to secure the payment of Seventy Three Thousand Dollars and .00 /100 ($73,000.00) payable pursuant to that certain Promissory Note of even date herewith, evidencing said indebtedness, do hereby mortgage to Custom Construction, Inc., 4271 Willow Creek Lane, Bedford, WY 83112, the following described real estate, situated in the County of Lincoln, in the State of Wyoming, to -wit: Lot 7 Triple T Ranches, Lincoln County, Wyoming as described on the official plat filed with the Lincoln County Clerk. The Mortgagor agrees to pay the indebtedness hereby secured, and to pay all taxes and assessments on said premises and to keep any buildings thereon insured in a sum not less than the unpaid balance due hereunder during the life of this Mortgage, in favor of and payable to the Mortgagee, and in case the Mortgagor shall fail to pay such taxes and assessments and to keep the premises insured, as aforesaid, the Mortgagee may insure said buildings and pay said taxes and assessments, and all sums so paid shall be added to and considered as a part of the above indebtedness hereby secured, and shall draw interest at the same rate. In case default shall be made in the payment of the above sum 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 hereof, then the whole indebtedness hereby secured with the interest thereon shall become due and payable, and the Mortgagee, their legal representatives or assigns may proceed to foreclose this Mortgage by advertisement and sale of the above described premises, at public vendue, for cash, according to Wyoming Statutes governing mortgage foreclosures, and out of the proceeds of such sale he shall pay all sums due hereunder, together with all costs of sale and foreclosure, including reasonable attorneys' fees. HEREBY relinquishing and waiving all rights under and by virtue of the homestead exemption laws of said state. IN WITNESS WHEREOF, the Mortgagor has caused these presents to be signed this day of December, 2012. Beau Erickson STATE OF WYOMING ss. COUNTY OF LINCOLN WITNESS my hand and official seal. RECEIVED 12/28/2012 at 3:21 PM RECEIVING 968753 BOOK: 801 PAGE: 535 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY LA- ifer Eri kson The foregoing instrument was acknowledged before me by Beau Erickson and Jennifer Erickson, this /7 day of December, 2012. ROD R. AENSEN COUNTY OF LINCOLN NOTARY PUBLIC STATE OF WYOMING MY COMMISSION EXPIRES OCTOBER 31, 2016 AidO t rerAoy_ a ry Publ c