HomeMy WebLinkAbout972308WHEN RECORDED RETURN TO:
Name:
Address:
Larry L. Larimore and M.F. Larimore
PO Box 3096
Alpine, WY 83128
MORTGAGE
CODY BECKSTEAD, Mortgagor of PO Box 2306 Willits, CA 95490, hereby mortgage to LARRY L.
LARIMORE and/or M.F. LARIMORE Mortgagee of PO Box 3096 Alpine, WY 83128 for the sum of One
hundred- thousand dollars ($100,000) the following described tract of land in Lincoln County, State of Wyoming,
hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State, to wit:
Part of the Northwest Quarter of the Southeast Quarter (NW '/a SE 1 of Section 29, Township 37 North,
Range 118 West of the Sixth Principle Meridian (6 P.M.), described as follows:
BEGINNING at the Southwest corner of the NW of the SE 'A of said Section 29, and running thence
East, 182 feet; thence North 03 °00'00" East, along the West line of Lots 643 -C, Lakeview Estates
Subdivision and its extension, 234 feet, more or less, to the South line of Trail Drive Road; thence North
79 °30'00" West, along said road, 195 feet, more or less; thence South, 265 feet, more or less, to the Point
of Beginning.
Also known as 162 Trail Drive Alpine, WY 83128 TAX ID 37182940000300
This mortgage is given to secure the following indebtedness; one note of even date herewith for One- hundred-
thousand dollars ($100,000) made payable at the times and place and at the rate specified in the note
This mortgage is intended to cover the rents and profits of said property, and consent is hereby given after default, for the
appointment of a receiver by any competent 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 assessments that may be levied on
water rights or shares of stock used in connection herewith, 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 declared due and payable,
and to bear interest 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 as public auction pursuant to 34 -4-101 et seq. Wyo. Stat, 1977, or its successor.
Signed in the presence of
WITNESS the hand of said Mortgagor, this `"day of
-7 :6 9 /_4/ej
CODY ECKSTEAD
STATE OF it jb y1
COUNTY OF r ri 1f.
Land Title Company File Number: 63803
Mortgage Buyer Ind
Page 1 of 1
ss.
On this day of 0 t� �C�� �j personally appeared before me,
U
1I' o), S 12).e
who acknowledged to me that he/she/they executed the same.
Witness my hand and official seal.
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0672
RECEIVED 7/29/2013 at 4:50 PM
RECEIVING 972308
BOOK: 816 PAGE: 672
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY