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HomeMy WebLinkAbout870778Lot 23, River View SEA of Section 30, 1993 as Instrument STATE OF WYOMING County of eh"), ss. On the day of January A.DXR4 2 0 Opirsonally appeared before me Richard C. Budge and Heather L. McEntire the signer S of the within instrument, who duly acknowledged to me that t he y executed the same. Notary Public Commission expires: ",3 (.1 Cl' Residing in J Gi.0 rsC ✓1 0,4-1" L 1 C) bvi vc MORTGAGE RICHARD C. BUDGE, A SINGLE MAN AND HEATHER L. McENTIRE, A SINGLE WOMAN Mortgagors of Jackson County of Teton State of Wyoming, hereby mortgage to CLINTON V. BUDGE AND DORIS J. BUDGE, TRUSTEES OF THE CLINTON AND DORIS BUDGE REVOCABLE TRUST DATED MAY '31, 1985 Mortgagees of BOX 501, JACKSON, WY 83001 for the sum of EIGHTY THOUSAND AND NO /100 DOLLARS ($R(� nn 00) the following descrt a tract o land in TT 11 Coun e o yomtn hereby releasing and waiving all rights under and by vitttterbg4 '-lrbmestead exemption laws of the State, to -wit: Meadows Addition to the Town o T37N, R118W, according to that No. 767416. 870778 BooK 45 PR PAGE p 3 This mortgage is given to secure the following indebtedness: one note of even date herewith for the 80,000.00 made payabld'at the times, the place and rate of cified in the note. tended to cover the rents and profits of said property, and consent is hereby given after default, for the appointment of a receiver en t court and the receiver is hereby authorized to rent the said property and apply the proceeds on this obligation. The Mortgagors agree to keep the buildings now on said premises or hereafter erected thereon fully insured against loss by fire in some fire insurance company approved by the mortgagee, with loss, if any, payable to mortgagee, during the life of this mortgage. The Mortgagors also agree to pay all taxes and assessments on said premises, including any dSSessments that may be levied on water rights or shares of stock used in connection therewith, or held as collateral with the above note; also any tax that may be assessed by reason of this mortgage or the debt secured thereby, and reasonable attorney's fees in case of foreclosure, or the commencement of any legal proceedings for foreclosure of the same, and said attorney's fees shall be added to the amount due on this mortgage, and made a lien on the premises described herein. In case of default in the payment of any sum covenanted to be paid, either the principal or interest when the same shall become due and payable, or in case of default in the performance of any covenant herein contained, the whole amount of this indebtedness secured herein may be immediately desclared due and payable, and to bear in- terest at the rate of 10 percent per annum from the date of such default, and this mortgage foreclosed at the option of the legal holder. In the event of default, Mortgagors grant to Mortgagees a Power of Sale to foreclose on and sell said property at public auction pursuant to 534 101 et seq. Wyo. Stat., 1977, or its successor. WITNESS the hand of said rnortgagor, this f j Signed in the presence of �V 6 C 'G L ��It1!li Agra 1 er n Entry No. RECORDED PLATTED COMPARED The .Land Title Company f Alpine within the plat filed July 2, R 0E1V[_D LINCOLN COUNTY CLERK 01 J l 15 i*,7 0. JEANNE KEMMERER. WYOMING day of January A D ,XX2001 ire RECORDING DATA Fee INDEXED ABSTRACTED DELIVERED