HomeMy WebLinkAbout870149b oa RELEA
This Mortgage
SEE B6BK)±4 Of IAO&TEACEE
BARE
JAY D. PHILLIPS AND DEBBIE M. PHILLIPS Mortgagors, residing at
410 SUBLET AVENUE, DIAMONDVILLE, WY 83116
(address)
payment of a promissory note of even date payable to the order of Wells Fargo Financial America, Inc., Mortgagee
2441 FOOTHILL BLVD., STE 1243, ROCK SPRIN( WY 82901 and evidencing a loan made by Mortgagee
(address)
to Mortgagors with an Amount Financed of 69 120 98 plus Points and Interest on the Amount Financed at the
Rate of Interest Per Year shown on the note, said note is payable in monthly installments, and according to the terms
thereof, payment may be made in advance in any amount at any time, and default in making any monthly payment shall,
at the option of the holder of said note, and without notice or demand, render the entire unpaid balance thereof at once due
and payable, including any unpaid Interest and Points; Mortgagors hererby mortgage and warrant to Mortgagee the
following described real estate:
PARCEL 134 AND LOTS 6, 7, 8, 9 AND 10 OF BLOCK 13 TO THE TOWN OF
DIAMONDVILLE, LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE Recorded at�i,�,., M
OFFICIAL PLAT THEREOF. fn f oot t tu page u Kemmerer, WY
No 0 4_ i Jeanne Wagner, Clerk
I.ounty, State of Wyoming.
situated in LINCOLN
Mortgagors hereby release and waive all rights under and by virtue of the homestead exemption laws of this state.
Mortgagors agree to pay all taxes and asses ments on said premises when due and keep buildings thereon insured for
maximum insurable value or such lesser sum authorized by Mortgagee in writing, during the life of this mortgage, with
Mortgagee as loss payee as its interest appelrs. If Mortgagors fail to pay such taxes and assessments and to keep the
premises insured, as aforesaid, the Mortgagee:, may insure said buildings and pay said taxes and assessments, and all sums
so paid shall be added to and considered as a part of the above indebtedness hereby secured, and shall draw interest at the
same rate.
Mortgagors also agree not to sell or transfer said premises, or any part thereof, without Mortgagee's prior written consent
and any such sale or transfer without Mortgag .te's prior written consent shall constitute a default under the terms hereof.
If default is made in payment of all or part of sums hereby secured, or in any of the covenants or agreements hereof, then
at the Mortgagee's option, the whole indebtedness hereby secured shall become due and payable, and the Mortgagee may
proceed, pursuant to law by action or advertisement, to foreclose on and sell said property, and out of the proceeds of such
sale, pay all sums due hereunder, together with all costs of sale and foreclosure, including reasonable attorney's fees.
Witness Mortgagors' signatures on this 27TH day of NOVEMBER 2000
STATE OF WYOMING
COUNTY OF SWEETWATER
by JAY D. PHILLIPS
Witness my hand and official seal.
(SEAL)
WY- 977 -0700
TEYA N. STASSINOS r1'3LIC
COUNTY OF
SWEEIWAitR
STATE OF
WYOMING
MY COMMISSION E.APir,f:5 MARCH 27 2901
SS.
WYOMING REAL ESTATE MORTGAGE
DEBBIE M. PHILLIPS
The foregoing instrument was acknowledged 'tefore me this 2 7 TH day of NOVEMBER
and DEBBIE M. PHILT,IPS
Notary Public
to secure the
(SEAL)
(SEAL)
2000
My Commission expires It.,(t IL 7 Jot)