Loading...
HomeMy WebLinkAbout869996U1U141J1 Recorded, „,/,1.Y? i at ...14 4 M In Book C.Alb Page „j Kemmerer, WY MORTGAGE No. ,,,,�i, j; Jeanne Wagner, Clerk KNOW ALL MEN BY THESE PRESENTS THAT THIS MORTGAGE is executed and delivered as of the 28 day of November, 2000, by PORTER INGRAM, LLC, a Wyoming Limited Liability Company, of P.O. Box 4429, Jackson, Wyoming, 83001, hereinafter referred to as the "MORTGAGOR and PATRICIA "PAT" J. KENNISON, Trustee, and her successors in Trust, under the KENNISON FAMILY TRUST, dated the 2nd day of August, 1991, and any amendments thereto, of 13201 49 Lane, Yuma, Arizona, 85367, hereinafter referred to as the "MORTGAGEE The MORTGAGOR, to secure payment of the sum of eighty seven thousand, five hundred dollars ($87,500.00.00) plus interest, does hereby MORTGAGE to the MORTGAGEE the following described parcels of real property situate in Etna, Lincoln County, Wyoming: Parcel 1 A portion of the NW'/4SW'A of Section 11, T35N, R1 19W, 6 Principal Meridian in Etna, Lincoln County, Wyoming, and more particularly described as follows: Beginning at a point 538.36 feet South from the West Quarter corner of said Section 11; Thence S 89° 41' 13" E, along an approximate fence line 460.51 feet; Thence S 00° 21' 30" W, 159.80 feet to a point in a woven wire school fence; Thence N 89° 41' 12" W, along last said fence and the Westerly prolongation thereof 459.51 feet to the West line of said Section 11; Thence North along last said West line, 159.80 feet to the POINT OF BEGINNING; and Excepting therefrom that parcel of land conveyed to Lincoln County, recorded August 6, 1931, Book 17 of Deeds, Page 160. Together with and including all improvements thereon and all appurtenances and hereditaments thereunto belonging. Subject to all covenants, conditions, restrictions, easements, reservations, and rights -of -way of sight and /or record. Parcel 2: A portion of the NW1/4SW1/4 of Section 11, T35N, R119W, 6 Principal Meridian in Etna, Lincoln County, Wyoming, and more particularly described as follows: Beginning at a point 693.00 feet South from the West Quarter corner of said Section 11; Thence roaming East 459.55 feet; Thence S 00° 21' 30" W, 7.67 feet to a point set in a woven wire school fence; Thence W 89° 41' 31" W, along said fence and the Westerly prolongation thereof, 459.51 feet to the West line of said Section 11, Thence North along last said West line, 5.16 feet to the POINT OF BEGINNING. MORTGAGE Page 1 of 5 S3oz abed 39V91110111 paunoui os sasuadxa iie par autos alp /Cedar oI mar pup `paznoas Along igap aqI of pappn aq Hells `saaj skauzoiiu aignuosuaz pup `aznsoroazoj JO ivaumaozojua Jo sisoo ire gilm zagiaol `papuadxa os iiauoum jo sums eons ire Imp saadu puu siuuuanoo 2IOOVO12IOYAI aqI •autes agi fed `punuzap JO aoliou inogirm `Xuuz g[DVOI2IOIAI agI tango iuui zaglo JO sivauzssassu `saxui gons jo ivautked alp ut sirnnjap 2IOOVDINOIN a1D JI `uipaaoozd aignirnba JO iaaj kun ui pagouiie JO uodn patnar aq of joazatp Ind 'CUB JO 413clozd agi ul 2IOOVO 2Im atop isazaiut alp ituuad iou IingS 2i0OVO.I.2IOb'I NI 'Z `.zojazagl isanbaz uaiiUm jo idtaoaz zaue ifiiduzozd ggoVO12IO\i alp oI joazagi iidoo e gsiuznj Hugs 2IOOVOI2IOIAI puu `zuaddu iinuz isazaiur "pip sr sariznd alp 2utzanoo `saigtlonpap aignuosuaz oI ioafgns kizadozd gons Jo anion alquinsui iinj agi ul salunduzoo aounznsui aiquindaz pun punos kg uauiznn `Aizadozd agi uo saznionzis pun sautprmq aiquznsur agi 2uizanoo aouuznsut auzanoo papuaixa pun aztd ureiuruut of (tt) pun iciimn JO amen 'tuba Isnai Ie Jo iiizadozd gilm saznionzis pun autpimq aonidaz oI upiz agI 2uiAJOSaz pun paidaoxa sivauzaia alp utozu znam argnuoseaz `zaiiaq JO uolirpuoo ieuI2po ztagl XIieliunisgns ut kizadozd agt uo saznionzis zagio puu Ourpitnq iiu urniurnut oI (i) saazdn zagpnj 2IOOVO,I.2i0w agI '2i00VOI2IOI alp Jo asuadxa alp iu `gDVOI2iOLAI sup Jo Aiunoas agi &tioajjn smut zagio pun uorinpzooaz ire gran Alaimo rings pun `Aizadozd alp Isurean passassu JO parnai sivautssassu pue sox iiu pled act of asnuo zo X d Hulls 110DVOIIIOIN aqI i `.smoiioJ sr Samar pine siuuuanoo zagiznJ 1IOOVOI1IOw au •siunoute pus rru Ifed of saazau puu siunuanoo ,igazaq 2IOOVOI)IOJAI aqI 'gilmazaq awl) uana Jo painoaxa aioN ,izosstutozd uteizao u ut pauteiuoo suoisrnozd alp of 5ulpz000e pun gizoj ias se Isazaiu! pue saazugo aiquotidde /cue puu (ocroosLS$) szuijop pazpunq antd `punsnogl uanas Xig213 Jo urns alp aaDVO.I. 10IN 31 11 0 1 `pled aq 01 sasnno JO `shod 2IOOVOIJIONI alp Trip uotitpuoo ssazdxa alp of ioafgns sr iovoplow stgl •pzooaJ Jo iou saouezqurnoua ire utozj aalJ sr Aizadozd agI 1ug1 pun `spueuzap puu suzreio injMei iiu Isurege kizadozd gons of awl alp puapap arm pun siuuzzum 2IOOVaL1101'i 3111 1u111 `.ilzadozd lions ifanuoo JO `iias `g9VrJI2iOL\I Oi 1115tz ifJmni puu pool set' puu Cizadozd alp Jo ardutrs aaj ur paztas Xiinjmui St 2IOJVOI2IOLAi aq1 `IOVOI2IOIN sup Jo kranliap puu 2ulats agi iu 1e111 siunzzum puu siueuanoo 2IOOVOI}IOW aqI •2ututoiM Jo awls agi Jo smut uotiduzaxa peaisauzoq agi Jo aniztn pue zapun 2utsun Siq41 rin santum puu sagsrnbutiaz AWN 2I0OVO.L2IOI,I p10001 zo/puu ups Jo'cum Jo- siipz pun `suotiunzasaz `sivauzasua `suofolzisaz `suompuoo `slueuanoo iin oI Ioafgns •2ul2uoiaq oiunazagi sivaureilpazaq puu saoueuaizndde fir puu uoazagi sivauzanozdurt ire 5ulpniout pun gum zagiaos, 11 the MORTGAGEE, with interest thereon from the date of payment at the interest rate for overdue amounts provided in the note or notes secured hereby until repaid, and the same shall be a lien on the property and be secured by this MORTGAGE; 4. If the MORTGAGOR defaults in the payment of any principal or interest on the indebtedness secured hereby after the same shall become due and payable, or in case of breach of any covenant or agreement herein or contained in any other recorded MORTGAGE debt on the property, in each case for a period of thirty (30) days after such default, the whole of the then outstanding indebtedness secured hereby, both principal and interest, together with all other sums payable pursuant to the provisions hereof, shall, at the option of the MORTGAGEE, become immediately due and payable, anything herein or in said note or notes to the contrary notwithstanding, and failure to exercise said option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default. The MORTGAGEE may enforce the provisions of, or foreclose, this MORTGAGE by any appropriate suit, action or proceeding at law or in equity or by advertisement and sale as provided by Wyoming statutes. At any foreclosure sale, the MORTGAGEE may cause to be executed and delivered to the purchaser or purchasers a proper deed of conveyance of the property so sold. The MORTGAGOR agrees to pay all costs of enforcement and of foreclosure, including reasonable attorney fees. The failure of this MORTGAGEE to promptly foreclose following a default shall not prejudice any right of the MORTGAGEE to foreclose thereafter during the continuance of such default or any right to foreclose in case of further default or defaults. The proceeds from such sale shall be applied to the payment of (1st) the costs and expenses of the foreclosure and sale, including reasonable attorney fees, and all money expended or advanced by the MORTGAGEE pursuant to the provisions of this MORTGAGE; (2nd) all unpaid taxes, assessments, claims and liens on the property, which are superior to the lien hereof; (3rd) the balance due to the MORTGAGEE on account of principal and interest and late charges on the indebtedness hereby secured; and (4th) the surplus, if any, shall be paid to the MORTGAGOR (subject to the rights of any junior lienholders); 5. If the right of foreclosure accrues as a result of any default hereunder, the MORTGAGEE shall at once become entitled to exclusive possession, use and enjoyment of the property and to all rents, income and profits thereof, from the accruing of such right and during the pendency of foreclosure proceedings and the period of redemption, and such possession, rents, income and profits shall be delivered immediately to the MORTGAGEE on request. On refusal, the delivery of such possession, rents, income and profits may be enforced by the MORTGAGEE by any appropriate suit, action or proceeding. The MORTGAGEE shall be entitled to a receiver for the property and all rents, income and profits thereof, after any such default, including the time covered by foreclosure proceedings and the period of redemption and without regard to the solvency or insolvency of the MORTGAGOR, or the then owner of the property, and without regard MORTGAGE Page -3 of 5 so b `zaJsugzl zatpo zo aoueicanuoo `ales pasodozd tons iiut Jo ggDVOIJOTAI 01{ of aotlou uaa.ltzm zotzd ant2 Begs ?IOOVD1aONI aqi •iigazatl paznoas lgap all jo linj ui luauziigdaz aletpauzurt aul uodn istsut kern 1EOVOJJJOIAI all `XItzelunIOAUI JO iijtzelunion pazzajsuezl asImzatpo zo paIianuoo `pios st Osamu! dttlszauped iiue Butpnlout) utaioq lsazalut Aug zo iiazadozd teal all jo dud 'cue zo ire ji 21.141j uail s,zoloezluoo Jiue jo nail ut uant2 2utaq si govo.I aovj sup pue `zologzluoo Iezaua se ggOVO.L2ION 0 4l JO Regal uo zo iiq pauuojzad iivadozd PaovoI2IOIAI all uo )Izom zoj slun000e imp papas iiiln3 anetl I3DVD1 IOY\I aul pue 2IOOVODIOIL\I 0 44 Agazaq paznoas 5040U zo alou 041. zapun zo zapunaza4 pamo wino= Niue lsutgRe s242tz zepuus /cue zo jjo -las of paptlua aq lou iteus 2IOOyoINOIAI °'U '6 `szapua5 IIe apnlout Hulls zapuaO Alm jo asn alp pue `min &uts alp Ieznid aua `Ieznid 042 apnlout Hurls zaquznu zuiauIs 0 42 pasn zanauatim .HaDvanK \I aul pug 2IODHJ1 JOYAI aul Jo sutsse pue szossaoons `szoWzastututpe `szolnoaxa `saale201 `saastnap `sztaq antloadsaz all `Jo lgauag 041 of aznut pue `putg Ileus paureluoo utaza4 sauauzaaBe pue slueuanoo atl1 `utazaq pauteluoo suotltpuoo pue stztzal 042 Jo aoueldaooe ue aq Hugs RHDVD12IOJAI 042 gig saznoas at salon zo WWOU pue gOVO.LlIOJAJ SIT jo aoueldaaoe OtIZ 'L `.luauxBpnf tiouatogap e of paptlua aq Help gggvaniOLAi aul pue 'Along paznoas ssaupalgaput zatpo /cue pue Xgazaq paznoas salon zo aa.ou OLD Jo aoueieq ptedun 041 Iced of punoq Xjieuoszad ag Bens 2IOOVO.L'IOJ' 0 41 `paznoas Along ssaupalgaput poi alp iced of luatogJnsut aze spaaoozd aria. pue astmzaulo zo aznsoloazoj zapun Nos si uiazaq paquosap Xazadozd alp JI `•iias of zamod alp 2utpniout 2utuzoii■ iq paptnozd za1Jgazag JO MOU zauueLU Niue UT zo Aazadozd aril Jo ales pug luauzasp.tanpe Xq zo `Altnba ut zo mei le 2utpaaoozd zo uotlog `lens /cue aznsoioazoJ Jo 242tz alp apnlout Hugs `utazaq pasn se „asoioazoj„ pug „aznsojoazoJ„ suzzal ati1 •aznoo alp Jo suotloaztp pue szapzo all pue mBI 01 214pz000e zantaoaz gons iig patidde aq Hulls Aazadozd aul Jo slgozd pue aumoout `sauaz IIy ?IOJVD1'IOLAi paluasuoo XgOIOq Si uotleotidde lions Niue uo zantaoaz bons 'cue Jo luauzautodde atll pue `uotleotidde uodn uotlotpstznf lualaduzoo Jo ainoo Xue palutodde aq Amu zantaoaz lions •sasuadxa pue saaj 'woo aznsoioalOj pue Xgazati paznoas ssaupalgaput 041 azetlostp 02 j001041 ,iouatogjns alp zo `iiazadozd a41 Jo amen aril 02 '0I .9 11. Each individual executing this MORTGAGE and the related note or notes shall be personally bound, jointly and severally, to perform and observe all covenants and agreements of the MORTGAGOR contained herein and therein; and 12. Any notice required to be given to any person hereunder or under the note or notes secured hereby shall be given by delivery or by mailing the same by certified mail to such persons at the address noted above (or to such other address as shall have been specified in writing), and notice so mailed shall for all purposes hereof be as effectual as though served upon such party in person at the time of depositing such notice in the mail. IN WITNESS WHEREOF, this MORTGAGE has been executed by the MORTGAGOR as of this 08 day of November, 2000. y: James Anthony Porter, anager STATE OF WYOMING County of Teton PORTER INGRAM, LLC A WYOMING LIMITED LIABILITY COMPANY ss. The foregoing MORTGAGE was acknowledged before my by PORTER INGRAM, LLC, a Wyoming Limited Liability Company, by James Anthony Porter and Eleanor Lyons Ingram, Managers and Members, on this d day of November, 2000. Witness my hand and official seal. MORTGAGE Page 5 of 5 By: Eleanor Lyons I ram, Mana_'-r Notary Public for the State o Wyomin My commission expires: '0) 34.1