HomeMy WebLinkAbout971796y C
e
ui c r7 Order No.: ATEC 180913
00 7rf'r
X MORTGAGE
Cody R Hyde and Steven Tye Norton and Verdis L Norton of 996 E. 13800 S. Draper, UT
84020, (herein collectively called `MORTGAGOR to secure the payment of $360,000.00, with
interest thereon, as provided in and evidenced by a promissory note of even date herewith (the
ultimate maturity date of which is June 28, 2019) and all renewals, modification and extensions
thereof, do hereby mortgage unto Marsha Transtrum of Morristown, AZ 85342 (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:
West Half Southwest Quarter of Section 34, Township 33 North, Range 119 West, 6th P.M.
Lincoln County, Wyoming, and a portion of Lot 4 of Section 5, Township 32 North, Range 119
West, 6th P.M. Lincoln County, Wyoming, as follows:
Commencing on the North boundary line of Section 5 at a point which is 40 rods East from the
Northwest corner of Lot 4; and running thence East along section line 569.1 feet to the centerline
of the Stump Creek Road, thence along road centerline South 53 °04' West 272.2 feet, thence
along road centerline South 67 °30' West, 273.2 feet, thence continuing along road centerline
South 57 °09' West, 118 feet, thence North 332.1 feet to the place of beginning.
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 insurance 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 so 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, MORTGAGEE
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 proceedings, and the period of redemption, if any there be.
MORTGAGOR warrants title to the Property as to parties claiming, by, through or under the
MORTGAGOR only. ,,O
Witness our hands this �b day of 2013
Co c;
Steven Tye Norton
Verdis L Norton
RECEIVED 7/1/2013 at 3:30 PM
RECEIVING 971796
BOOK: 814 PAGE: 790
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Order No.: ATEC 180913
MORTGAGE
00791
Cody R Hyde and Steven Tye Norton and Verdis L Norton of 996 E. 13800 S. Draper, UT
84020, (herein collectively called `MORTGAGOR to secure the payment of $360,000.00, with
interest thereon, as provided in and evidenced by a promissory note of even date herewith (the
ultimate maturity date of which is June 28, 2019) and all renewals, modification and extensions
thereof, do hereby mortgage unto Marsha Transtrum of Morristown, AZ 85342 (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:
West Half Southwest Quarter of Section 34, Township 33 North, Range 119 West, 6th P.M.
Lincoln County, Wyoming, and a portion of Lot 4 of Section 5, Township 32 North, Range 119
West, 6th P.M. Lincoln County, Wyoming, as follows:
Commencing on the North boundary line of Section 5 at a point which is 40 rods East from the
Northwest corner of Lot 4; and running thence East along section line 569.1 feet to the centerline
of the Stump Creek Road, thence along road centerline South 53 °04' West 272.2 feet, thence
along road centerline South 67 °30' West, 273.2 feet, thence continuing along road centerline
South 57 °09' West, 118 feet, thence North 332.1 feet to the place of beginning.
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 insurance 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 Ioss 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 so 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, MORTGAGEE
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 proceedings, and the period of redemption, if any there be.
MORTGAGOR warrants title to the Property as to parties claiming, by, through or under the
MORTGAGOR only.
Witness our hands this ,2.2 day of (/,t I•�SL 2013
Cody R Hyde
Steven
Verdis L Norton
STATE OF 4A)
County of y
This instrument was acknowledged before me on cag day of June, 2013 by Cody R. Hyde
My commission expires: c 0 c9 0 /6
Q i.o 'Or ol,U''r ualpd
OUIU,IOIM
Jo aluIS
My commission expires:
uolst ll W )O <W
WoDui1
to /tuno3
01'11311J AEIVLON NOSHVI'11 1"11r
County of
STATE OF
County of
This instrument was acknowledged before me on
My commission expires:
R� M t.9N NOTARY PUBLIC
County of State of
Lincoln l A Wyoming
My Commission Expires June 20, 2015
Notary Public
Notary Public
00Th2
This instrument was acknowledged before me on day of June, 2013 by Steven Tye
Norton
day of June, 2013 by Verdis L. Norton
STATE OF
County of
This instrument was acknowledged before me on
My commission expires:
STATE OF L1
County of S,4, l c_
This instrument was acknowledged before me on 7_. g day of June, 2013 by Steven Tye
Norton
My commission expires: 0t- t S" 2 1 S
1,1
SARAH BETH BAILEY
NOTARYPUBLIC•STATE OF UTAH
COMMISSION* 608705
COMM. EXP. 04.154015
STATE OF U -r'i VI
County of c Loi I- e
This instrument was acknowledged before me on 2`d day ofJune, 2013 by Verdis L. Norton
My commission expires: OH{ l S O l S
SARAH BETH BAILEY
NOTARY PUBLIC •STATEOF
COMMISSION* 608
COMM. EXP. 04154
day ofJune, 2013 by Cody R. Hyde
Notary Public
1\lo ary Public
Notary Public
00'1h3