HomeMy WebLinkAbout870089.uTtuoAm jo a4p48 aq} jo smpT uotlduzaxa puaTsauzoq
aq� jo anpatn Aq pup aapun spq to pup 'utgstnbutlaa i gaaag
saopnaoTA1 am `.zana.zoj Al..zado.zd pTUs Q'IOH OL QNV 211VH O.L
•paooaa JO suotI.tpuoo puB SUOTTEM.zasaa
`suoTTdaoxa .zamo pup utuTtu 'IPaauttu o4 pue Apm- jo- s1Tqna puB s411011zaSE3
`suompuoo Hp of `aanamoq 1.oafgns .io .u0uoTaq
aa1Jeaa3q .zo mou smaptout pui saouBuapnddB `spuauzaspa Hp pup :sastuzaad
pees pagou�1p aa4 aaaq .zo mou sa.znpxtu Hp `uoaaam paoBTd aq aalmaaaq
Aeui gotgm .zo uoa10141. smatuanoJdtut puE sutpltnq He pup Auu mpn aamaoL
'ONINNIOSS J0 .LNIOd SFLL 01 2M17 AVA1 JO .LHJI21
QIVS ONO?V `1223 00'Z9 `Al „60,170 S SONSH.L
SNIT 4WA1 JO .LHOI2I A'l IS.LSSA1
QIVS NO LNIOd V OZ 'SONS.d .LSSm/.LSVS ONI.LSIXS
NV ONO?V `1223 g5' T91 'S 44'9,99. L S S SONSH.L
!1MI0d V O.L `SONS3 H,LIIOS /H.L2ION ONUS=
NV ONO?V `1223 ZL'Z8 `S „£Z, IO,00 N SONSH.L
aOV2I.L QIVS JO .INIOd .LSSA1H.LNON SILL OZ `9LZ SOVd
NO 2Id '8£ MOOS NI SOI33O QIVS NI Q2IOOS2I 30 13V211 .VIII
J0 3NI7 H.L2ION SH.L )NO'IV '13211 LS'85I `Al „Z£, 1 1,88 N
SONSH.L 4 fi/ I AtNf/ I AtN QIVS d0 2ISN2IOO .LSSA1H.LUION
SH.L IAIO2I3 .LSS3 00'SLL `S „50,8I,8f' S `„S.LISNAIO.L
ONI AI0I M NO.L.IV 01 NOI.LVXSNNV SONI.LSVH NOId V H.LIIOS„
QS7.LLL `££g 'OM 1V Id NO `1L1NII00 N"IOONI? JO 3fl1SZO 2111
JO SOIJ30 SILL NI (2I0002I J0 QVO2I SQAIDOIIO 2IIVJ J0 SNIT
4LVA1 J0 MOTH AmrS.LSSA9 am NO .LNIOd V IV ONINNIOSS
:SAtIOTIOa sv QSSINIOSSQ I8Z SOVd NO
2Id80Z 3IOOS NI ILLNII03 N70ONIZ JO MNS7O mu JO SOI33O
SH1 NI SQ2IOOS2I J0 13VILL .LVILL SSRIOSSQ AFLL0S2RIOO
S2ION OZ .LNS.LNI SH1 ONISS sir 'moldy J0 NAIO.L
SILL OZ NOLLVXSNNV SONLLSVH NO.L.IV 1111109 2111 NIHLLIA1
ONIIIIOAM `/.LNIIOO ArIOONI? '141'd 1119 am J0 M9 I III NZ£.L
IC NOI.LOSS JO fi/ I MNfi/ IA1M 2111 JO 12IVd .LVH.L
uttuoi `i 3uno0 uiooufl
ut a4Enps sTIuamano.zdurt puB Apadoad wax pagposap utmoTlo; `aanaaoJ
S030 4.10W am of Aanuoo pup Has `u!E Jeq Xgaaaq op `pa palmoumae
puB passaJuoo Agaaaq st gotgm jo 4dtaoaa age `eaa B 101A1 OLD Aq s..10 aoy11
age oT pTBd `saials pai?Uf1 aq} jo Aauotu InJmEI `(00'000`9Z$) saBITou puBsnogL
aniA- k }uamL Jo urns a4T Jo uoquaaptsuoo ut puB a03 `sa0 04aoy1l aqL
„•sa a}aol^I„ aqf sB OT1 paaaajaa aaH eutaaaq `800£0
aatgsdureH maN `iUio `anuanV anal 9 st ssaappE uTJTBuz asogm `aIae3
S IIfa12O puB 0l.1E3 3 piegaTH pue „`s.zoT 10JAI„ am SP 01 paaaajaa aaueutaaaq
`10628 uttuoJ'A `s utads mooH `anuanv ioutn(j I1 st ssaappB asogm
`aJtm pup pupgsnq `uBuuaag •H iBaBS pue u Q N.reTAT uaamiaq OOOZ
.1
9144 aA oN J O iBp v4,() C SPIT apBtu ST 20VOLdOTAI SIH.L
Mien0 'Jeu6eM euutter
AM heJOWWu)I X, Abed
5 �l
'aN
moos ui
!Yt pepio3ed
DVUd
3Sa7loIl 7R DION
apeyucuualfl
Mortgagors covenant that at the signing and delivery of this mortgage,
said Mortgagors are lawfully seized in fee simple of said real property, or have
such other estate as is stated herein; have good and lawful rights to mortgage,
sell, and convey all of said property and warrant and will defend the title to all
of said property against all lawful claims and demands, and that the same are
free from all encumbrances.
However, this mortgage is subject to the express condition that if the
Mortgagors pay, or cause to be paid, to the Mortgagees the sum of Twenty -Five
Thousand Dollars ($25,000.00) according to the conditions of that certain
promissory note dated the 7 day of /Vo hih e 2000, the
ultimate maturity date of which is December 1, 2003, which promissory note
was executed and delivered by Mark D. Brennan and Sarah H. Brennan, which
sum or sums of money the Mortgagors hereby covenant to pay, and until such
payment, perform all of the covenants and agreements herein to be performed
by Mortgagors, then this mortgage and said note shall cease and be null and
void.
1. Mortgagors shall pay the indebtedness as herein provided, and
the lien of this instrument shall remain in full force and effect during any
postponement or extension of the time of payment of any part of the
indebtedness secured hereby.
2. This mortgage shall be second or subordinate in all rights and
interest to the first mortgage executed by Mortgagors in favor of ABN AMRO
Mortgage Group, it's successors or assigns, on the concerned property.
3. Mortgagors shall pay all taxes and assessments levied or assessed
against said property after the date of closing.
4. If all or any part of the property described herein, or an interest
therein, is sold or transferred by Mortgagors, excluding (a) the creation of a lien
or encumbrance subordinate to this Mortgage, (b) the creation of a purchase
money security interest for equipment or appliances, (c) a transfer by devise,
descent or by operation of law upon the death of a joint tenant or (d) the grant
of any leasehold interest of one year or less not containing an option to
purchase, Mortgagees may, at Mortgagees' option, declare all the sums secured
by the Mortgage to be immediately due and payable.
5. Mortgagors shall not commit or permit waste, nor be negligent in
the care of said property, and shall maintain the same in as good condition as
at present, reasonable wear and tear excepted, and will do nothing on or in
connection with said property which may impair the security of the Mortgagees
hereunder.
s.
Brennan /Carle
Note Moogage
pagS 4
19
Mortgagors and Mortgagees further covenant and agree as follows:
5 abed
a atiow atom
ape; /uenuaag
•(.zapioquaii aoiunf dire jo s}4 aqp of Toafgns) sao�u��ioL�I
aLu of pied aq ilegs `tiuu JT `snidzns age (g }t) pup poinoas Agai q ssaupaigapui
aqj uo }sa1ajui pup Ipdiouiid jo jun000u uo saa pnloj,j anp aoupreq `(p1£)
pliq} :Joa zaq uail aqj of ioi tadns are goigm `Apadoid pips uo suaii pup smiplo
`smatussasse `saxej pipdun ire `(puz) puooas :a situ Jo suoisino1d
aqj o} Tupns1nd saa }1Oik age paoupnpp .zo papuadxa sAauotu Hp pun
'aaj tiatuojrp aiCIPTIOSEal p uipnjoui `alas pun amsoioa.zoj aqj jo sasuadxa pun
sjsoo atij }s i) jsiij jo juatuifed aqj paiiddn pegs alas Lions tuoij spaaooid
Jau aqy •sjinpjap .io 4Inejap 1atu1nJ Jo aspo ui asoloa1OJ }Oia JO jinplap
Lions jo aouunuijuoo Jaripaiaqj asoloamj of saa p4IOIAI pins jo
s�q�ix &uu aoipnfazd jou slugs linujap p uodn asoioa.ioj Aiudmoid of saa pnioiAi
age jo a inliej Oqs, .aaj A u zoi e aigeuospa t e 5'uipnioui `a insoioa ioj .zo uoiloajioo
jo sjsoo lip /cud 33iTh S1o'01.10JAI Otis, .pros os iij.iadoid jo aoueAanuoo
jo poop aadoid e s1asutlo1nd Jo iasngoind aq} of pa1anirap pup paTnoaxa
aq of asneo Amu saa5p age `ores amsoioaioJ Jiuu w •sajniejs uiLUOX
Aq papinoad su asps pup juatuasillanpp Aq Jo iijinba ui .zo Awl �p �u i paaoo id
.zo uoiTop gins aTepdo.zddp Aup Aq a ioui situ `uodn asoroaioj Jo `Jo
suoisino.d agj a310;1.10 Aptu saapnioj ags qinepap Tuanbasgns Aup jo Juana
aq} ui amps atu asio zaxa of }tau aqj jo .ianipm E ajn msuoo jou Timis uoijdo pies
asio1axa of am pup `.uipuujsguim }ou A e1luoo atij ajou £iossituoid pies
UT Jo uia laq uitl}Xuu 'algpifed pup anp Aiajuipaumui autooaq saa aj1oim aqj
Jo uoildo aLu jp `Hugs `Joa lag suoisino.zd aqj oT juunsand aiquApd stuns Jam)
rip grim 1Ot t OT Isaraaui pup ludiouild moq `Agaiaq pamoas ssaupalgapui
uagf atu Jo alogm age `pauipwoo uia taq 1Juamaa1 1 .zo 1upuanoo Attu Jo gopa.iq
jo as ui Jo `argpAt d pup np
aq iipgs amps age .za }3u sip (0£) situ ;o poi.zad
P JOT `jsa.1ajui ao rpdioupd jo }uamllplsui .io r_ red Aup Jo .zo `painoas &ga1aq
ssaupaagapui aqj Jo TuatuAud ui jinvjap sIO .iow ji •s
•apntouz
sigh Aq pa1noas aq pup iCiladoid pips Jo lip uo uail p aq Hegs amps agj pup
`pipdal inun `painoas Agaiaq ajou aqr ui papinoid SP awl amps aqj re TuatuAed
Jo arep aqj tuo.zg uoalagj jsa1ajui g4im `saa eniolAi &q palmoui os sasuadxa
rip pup amps aqj Xpdai oT Oat u pup `paanoas Aga.iaq jqap aqj wag ajuredas
jug `oj uouippe ui pied aq Hugs `aaj tiau1ofle arquuoseai e pup a.insoioamj
so juamao. 0Jua Jo sjsoo Hp grim 1ag3a o3 `papuadxa os ifauouz Jo sums 'guns
Hp regj aaae pup iueuOAOO siOpnwIAI aqy •aoup1nsui gons 33a3Ja JO amps
aqj Xpd `pupmap Jo aanou Tnog1im `tiptu saO *310J,I age `papino1d uialaq se
sasimaid pips uo aoue1nsui Argiqpii daaN or iip.I 10 sazego Injmui 1amo
Jo s3uatussassu `saxej aqj Jo juatuked aqj ui 3IneJap saa0poiAi JI 'L
•saiuuduzoo aouPinsui aigisuodsaI ui pai.upo aq Hegs aoup.insui
ITV •aoueansui Lions uo smnituaid Tie anp uagm iced iilm s.iO untow �u
Jo arep OTT uPgj Jampi jou 3oaJja ui aq lugs Q PJOAoo aoup.insui pips •sasimaid
pips uo pajoa1a 1a3Juuia1ag Jo 110 Auuasa1d s}uatuano1dmi Niue pup &podoid aLu
ui.ianoo }oagga ui daaN g
Brennan/Carle
Note Mortgage
page 6
h
9. If the property described herein is sold under foreclosure and the
proceeds are insufficient to pay the total indebtedness hereby secured, the
Mortgagors executing the note or notes for which this mortgage is security shall
be personally bound, jointly and severally to pay the unpaid balance, and the
Mortgagees shall be entitled to a deficiency judgment.
10. If the right of foreclosure accrues as a result of any default
hereunder, the Mortgagees shall at once become entitled to exclusive
possession, use and enjoyment of all property aforesaid, and to all rents,
issues 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, issues and profits shall be delivered immediately to the
Mortgagees upon request. On refusal, the delivery of such possession, rents,
issues and profits may be enforced by the Mortgagees by any appropriate suit,
action or proceeding. Mortgagees shall be entitled to a Receiver for said
property and all rents, issues 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
Mortgagors, or the then owner of said property, and without regard to the
value of said property, or the sufficiency thereof to discharge the mortgage
debt and foreclosure costs, fees and expenses. Such Receiver may be
appointed by any Court of competent jurisdiction upon ex parte application,
notice being hereby expressly waived, and the appointment of any such
Receiver on any such application without notice is hereby consented to by the
Mortgagors. All rents, issues and profits, income and revenue of said property
shall be applied by such Receiver according to law and the orders and
directions of the court.
11. The acceptance of this mortgage, and the note it secures, by the
Mortgagors and Mortgagees shall be an acceptance of the terms and conditions
contained therein; and a duly executed and delivered release of this mortgage
by the Mortgagees shall be a valid and effective release as to all of said
mortgage.
12. The covenants contained herein shall bind, and the benefits and
advantages shall inure to, the respective heirs, devisees, legatees, executors,
administrators, successors and assigns of the parties hereto. Whenever used
the singular number shall include the plural, the plural the singular, and the
use of any gender shall include all genders. The terms "foreclosure" and.
"foreclose" as used herein, shall include the right of foreclosure by any suit,
action or proceeding at law or in equity, or by advertisement and sale of said
premises, or in any other manner now or hereafter provided by Wyoming
Statutes, including the power to sell.
Ii
0 'S IJU3
Nflo100 1
UUTILTaig 'H Liar
v
a
:saajdxs uoIssTultuop AIN
3
.4(
eooz `E isqwepaa selidx3 uomsittiwo04114
Anot
leas repujo put puiq ssauTim
L aged
agegliow aioN
ainD/uvuualg
ror.
000Z -149 JO APp STT41. QV 'S TAIBD puP appo
pipqam Aq om iojaq papapviouNaP sPAi 4uaumiTsui uoioj at'
AO AINCIOD
*SS
e:P/ 1 77 AO aJNIS
1Pas repujo pup pupq Atu ssauilm
000Z a'q 1.44 jo icerya§TIT1. UPULIaIH 'H quips MI? LMULIO.IEI
ItreTAT Aq ux iojaq p papnouN sum uuxn.qsu uooioj aqj,
31- PA .1..3 Cfl S AO AINf103
*SS
ONIIAIOAM AO aLVIS
:saapftlion
upuuaig •Cf 31.1EAT
clIr
uanipm anoqp isijj Qpp QT41. SOD-red
Aq paTnaaxa uaaq spq aP4.1011.1 sItIT `AOSII2HA1. SS2N,LIM NI