HomeMy WebLinkAbout971245Benjamin Critchfield and Hollie Critchfield, husband and wife whose address is P.O. Box 175 2Afton, WY
83110as (herein collectively called "Mortgagor"). to secure the payment of $28,000.00 with interest thereon, as
provided in and evidenced by a promissory note of even date herewith (the (the ultimate maturity date of which is
July 1, 2016 and all renewals, modification and extensions thereof, do hereby mortgage unto
Bob Everts and Carolyn Everts, husband and wife as of 507 NE 99th St. #48 Vancouver, WA 98665 (herein
called "Mortgagee the following described real property, situate in the County of Lincoln, State of Wyoming,
hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State of
Wyoming, to -wit:
Lot 69 of Rockbridge Meadows First Addition to the Town of Afton, Lincoln County, Wyoming as
described on the official plat filed with Instrument No. 909983 of the records of the Lincoln County
Clerk.
Property address: 644 Rockbridge Drive, Afton, WY 83110
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
evidence thereof, insurance with an insurance carrier or carriers acceptable to Mortgagee, covering the
improvements on the Property against loss by fire and earthquakes, with extended coverage, in an amount not
less than the unpaid balance of the debt hereby secured, or the 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 assessments, 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, and out of the proceeds of such sale Mortgagee shall pay all sums due hereunder, together with all
costs of sale including reasonable attorney's fees. If the proceeds of the foreclosure sale are insufficient to pay
the indebtedness hereby secured and foreclosure costs. 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 to all rents, issues and profits
from the accruing of any such rights and during the pendency of the foreclosure proceeding, and the period of
redemption, if any there be.
Mortgagor warrants title to the Property as to parties claiming, by through or under th ortgagor only.
Witness our hands this J 1 of May, 2013..--°'
STATE OF WYOMING
)ss.
COUNTY OF LINCOLN
37_n going instrument was acknowledged before me by Benjamin Critchfield and Hollie Critchfield, on the
day of May, 2013.
V
Notary Public
Witness my hand and official seal.
My Commission Expires:
MORTGAGE
Hollie Critchfield
RECEIVED 5/31/2013 PM
RECEIVING 971245
BOOK: 812 PAGE: 674
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
SHEU.EY SANDAL!.. NOTARY PUBLIC
Couilyof _jk, St writing