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HomeMy WebLinkAbout868973WITNESS the hand of said mortgagor, this Signed in the presence of STATE OF WYOMING County of Teton $igncr S, of the within instrument, who duly •at:ktitrw;l 'pd ed to me that t he y executed the same. }SS. On the 9th day of October A.D. 1920 0 °personally appeared before me Richard C. Budge and Heather L. McEntire Notary Public Cah expires: C.,_ 1c) C 3 Residing m Jackson, WY MORTGAGE RICHARD C. BUDGE, A SINGLE MAN AND HEATHER L. McENTIRE, A SINGLE WOMAN Mortgagors of Jackson County of Teton State of Wyoming, hereby mortgage to CLINTON V. BUDGE AND DORIS J. BUDGE, TRUSTEES OF THE CLINTON AND DORIS BUDGE REVOCABLE TRUST DATED 'MAY 31, 1985 Mortgagee of BOX 501 JACKSON, WY 83001 forthesumof FORTY THOUSAND AND NO /100 DOLLARS ($40,000.00) 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: Lot 23, River View Meadows Addition to the Town of Alpine within the SEZ of Section 30, T37N, R118W, according to that plat filed July 2, 1993 as Instrument No. 767416. BOOK PR PAGE 9 4 B f 00 OCT J 2 1, 8: 2'1 This mortgage is given to secure the following indebtedness: i f eve date er ewi t �L1 Or the Sum of $40,0 made payable at the times, the place a u r ip aAllqRrest specified in the note. KEMMERE WYOMING 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 therewith, 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 desclared due and payable, and to bear in- terest 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 at public auction pursuant to 134 101 et seq. Wyo. Stat., 1977, or its successor. 9th d of October A.D., ix 2000 Entry No. RECORDED PLATTED COMPARED The Land Title Company RECEIVED 1 n O �I f11!(�l s��C�.��t.h: RECORDING DATA Fee INDEXED ABSTRACTED DELIVERED t.