HomeMy WebLinkAbout867634MICHAEL KNORI, a single man
Signed in the presence of
Commission expires: '11,2t
2r J c
Residing in:
BOOK 45° PR PAGE 4 5 b MORTGAGE 1 I H
3 6 7 3 14 0J AUG !8
CHRISTOPHER JONES, a single man
ki 1
Mortgagors of Fort Collins County of Larimer State fof`"M b radoM I i'iG
hereby mortgage to
LAND TITLE COMPANY
Mortgagee of P.O. Box 3639, Jackson, WY 83001
for the sum of Twenty -five thousand, two hundred dollars and No /100 ($25,200.00)
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 Twenty -three (23), Star Valley Ranch Plat Twenty -Two (22) as platted and recorded in the official
records of Lincoln County, Wyoming.
This mortgage is given to secure the following indebtedness:
One note of even date herewith for $25,200.00 made payable at the times and place and at the rate of
interest 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.
WITNESS the hand of said mortgagor, this day of August A.D. 2000
Colorado
State of )10561W4
County of Larimer
On the i day of August A.D. 2000, personally appeared hristopher
Jones, the signer of the within instrument, who duly acknowledged to me that', e.