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MORTGAQE DEED WITTT RELEASE QF HOMESTEAD
John "A: •.JUdi.th M. Lindberg Mortgagor(s), of Lewi
County, State of •wash i n to to secure the payment of El Oven Thousand Twwnf Fi vP nr��11¢( s
11, 025.00 due eptenber 15, 2,01 yy
P 4 with interest from at the rate of Ten Sep tember 12. 7.00
of even date herewith,. in monUtl Installments of per cent per annum payable monthly, evidenced by Promissory Note
Y One Hundred Forty Fi vP 704.16 pliars 1 d 5 7p
each, including interest, commencing on the 1 51 day of
Y Sp�tr�mhc�r 2(1QQ
and continuing on the same
e day of each month thereafter, does 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:
Star Valley'Ranch RV Park Plat 1 Lot #117
Mortgagor(s) agree to pay the indebtedness according to the terms and conditions of that Promissory Note hereinabovo
described, executed by Mortgagors) to LEISURE VALLEY, INC., and during the life of this mortgage to pay all taxes and
assessment's against the premises. If Mortgagor(s) fail to pay such taxes or assessments, Mortgagee may pay the same, and all
sums paid by Mortgagcc 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 Mortgagcc may foreclose this mortgage either by advertisement
and salo 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 Mortgagors) in case of default by Mortgagor(s). Out of the proceeds of any foreclosure the
Mortgagcc shall retain or receive all sums due to it hereunder and costs of foreclosure and sale, including attorneys' 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
is costs in any equitable action brought to foreclose this mortgage.
To fully assure Mortgagcc the benefits of the security interest in the premises granted to it hereunder, Mortgagor(a)
hereby assign to Mortgagee all rents hereafter payable for the use and occupancy of Um premises by any person in possession
thereof with Mortgagor's consent, If default occurs in any of 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 Mortgagcc promptly upon Its request
therefdr, 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 u 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 cntiticd 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 parto application without notice, notice being hereby waived and
appointment of a receiver upon such application being hereby consented to by the Mortgagor(s).
MORTGAGOR(S) HEREBY RELINQUISH AND WAIVE all rights under and by virtue of the homestead exemption
laws of the State of Wyoming.
DATED this 25th day of July, 2000
MORTGAGOR(S):
C14.` PR. PAGE 419
STATE OP WYOMINQ
117 •i e. 9
COUNTY OP LINCOLN
My Commission Expires:
s 3:
I CS 05 C
LJ C C. IJ1r
On this 25th day of JuIy,
John A. Lindberg a
to be the persons) described in and who executed the
same as 1 h r� i r free act and deed, including
21)010:, `'1 i' i 19 before me personally appeared
and Judith M. Lindberg known to me
foregoing instrument and acknowledged that they executed the
the release and waiver of the right of homestead.
TARY PUBLIC in and for said
County and State
.Recorded at the Request of:
LEISURE VALLEY, INC.
9, MELEA86 R
This ,Mort gage
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