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MORTGAGE DEED WITH RELEASE OF HOMESTEAD
Leslie Marjorie. Eskelson
County, State of Utah Mortgagor(s), of Chache
to secure t c payment of Twelve Thousand
September 15
nin
12,825, .00 due p
s 2
ilc at the rateof TPn
of even date herewith, in Monthly installments of
each, including interest, commencing on the
STATE OP WYOMING
sa:
COUNTY OP LINCOLN
My Commission Expires:
1 0\
AR' ,,)vith interest from cp lc 2000
nt per annum payable monthly, evidenced by Promissory Note
llars (S 169.48
day of e p r,
perc
BOOK 4 SSPR PAGE 0 2 9 8 7 0 6 4 7
S
�'t•- 111
and continuing on the same day of each month thereafter, does hereby mortgage and warrant to LEISURE VALLEY, INC.,
a Nevada :Corporation,' Mortgagee, of Lincoln County, Wyoming, the Ibllowing described real property in the County of
incoln, State of Wyoming:
k'c C;f'•`ED
LI NCOLN COUNTY CLERK
01 N -8 AM 11: 53
JEANNE WAGNER
Mortgagor(a) agree to pay the indebtedness according to the terms and conditions of that Pro ote hcrcinabove
ribed, executed by Mortgagors) to LEISURE VALLEY, INC., and during the life of this mortgage to pay all taxes and
essmcnta 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:
r Valley Ranch RV Park Plat 1 Lot 195
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 undcr 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 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 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 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
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 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 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 parte 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 W
laws of the State of Wyoming.
DATED this 1'5th day of July, 2000
,1
MORTGAGOR(S):
C V 4 1/14 ,LA
On this 15th day of July, 2000
lltx before me personally appeared
T,PS11 e Esk.1 son and Marjnri P EskP1 snn known tome
to he the person(s) described in and who executed the foregoing instrument and acknowledged that they executed the
same as t r fret act and deed, including the release and waiver of the right of homestead.
«xa 1) �t ����tn ham/
NOTARY PUBLIC in and for said
County and State
,Recorded at the Request of:
LEISURE VALLEY, INC.
P.O. Box 42755
Las Vegas, Nevada 89116
1s
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