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HomeMy WebLinkAbout866799Ibis document is being recorded by Southwest Title Company as a courtesy only. State of WYOMING sum of SEVENTY FIVE TUOUSAND witty interest as evidenced by a promissory note dated ALFRED J. ROE AND CORR /NE M. ROE, HUSBAND AND WIPE interest a able in hereinafter designated Mortgagee A Y monthly tlOhiiiiiniEIJCXXXXX>tXX(XX46fC [NIXX XXIDOCXXXXXlaini� k 'j moth, i beginnng g on the laE first to ibtint<Xh tat day Of August, 2000 ]t9( each installment to be applied shall be duel August 1, 2001 K any balance at principal or t tertsit remaining unpaid by mortgages to said Mortgagee, the foliowi d e County, Stale of Wyoming, to wit: he re "g' escdbed rest estate, situated in LINCOLN ReleeentISO Wdt3Y LL MEN BY THESE PRESENTS, That erJ. NIKON MW RULON THP NIKON AND RULON NIKON FAMILY TRUST DATED APRIL20, herein d as Mortgagor, of LINCOLN LOT 71 OF THE STAR VALLEY RANCH PLAT 18 LINCOLN COUNTY, WYOMING. 866799 MORTGAGE 44S 129 1300IC PAGE TRUSTEES County of to secure the payment of the principal Dollars 2 5, ow.9p herewith to the order of it`! ^r RECEIVED GO JU N 30 Ph It: 2 I JEANNE WAGNER KEMMERER. WYOMING including all buildings and improvements thereon (or that may hereafter be erected thereon); together with hereditaments and appurtenances and all other rights thereunto belonging, or in anywise now of hereafter appertain- ing, and the reversion and reversions, remainder end remainders, rents, issues, and profits thereof, and all plumbing, heating and Ughting fixtures and equipment now or hereafter attached to or used in connection with said premises. The Mortpgor hereby relinquishes and waives all rights under and by virtue of the homestead laws of the State of Wyoming and covenants and agrees that he is )awfully seized of said premises, that they are free from all encum- brances, and hereby covenants to warrant and defend the title of said premises against the lawful elahns of all per- sons whomsoever. 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That h% case of any default whereby the right of foreclosure occurs hereunder, the Mortgagee shall at once become entitled to exclusive possession, use, and enjoyment of all property aforesaid, and to all rents, issues and profits thereof, front the accruing of such right and during the pendency of forclocurc proceedings and the of redemption, if any there be. and such possession, rents, issues and profits shall al once be delivered to the Mort agec on request, and on refusal, the delive ry of such period Mort by any and refund, civil snit or o possession, rents, issues, and profits may be enforced by the or unlawful detainer, and the Mortgagee shall be entitled �o er for said pr p in r t yy nmrnt l rc or ts. I i su e en profits thereof, after any such default, including the time covered by for Fe edosare proceedings a d the period of e nd all rents: es, and tion, if any there be, and shall be entitled thereto as a tanner of right without regard to th solvency or insolvency rcdemp- of the Mortgagor, or the then owner of said property, and without regard to the value of said property, or the sue fhency thereof to discharge the mortgage debt and foreclosure costs, fees, and expense, and. such Receiver may he appointed by any court of competent jurisdiction upon ex parte application, and without notke (notice being hereby expressly waived and the appointment of any such Receiver on any such application without notice being hereby consented to by thc Mortgagor on the Mortgagor's own behalf), and all rents, issues, and profits, income and revenue of said property shall be applies! by such Receiver, according to law and the orders and directions of the court. 9. Transfer of the Property; Assumption. If all or any part of the Property or an interest therein is sold or transferred by Mortgagor without Mortgagee's prior written content. excluding (a) We creation of a Nest or encum- brance subordinate to this Mortgage, (b) the creation of a purchase money security interest for household 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 three years or less not containing an option to purchase. Mort all the sums secured by this Mortgage to be immediately due and payable. Mortgagee may, its shah have w i e dt su c, option declare W accelerate if, prior to the sale or transfer, Mort o to whom ohePro Property to be sold o such option reach agreement in writing that thc credit of such and the tenon or y whom the Property is to be said eh or transferred on the sums secured by this Mortgage shall be at such rite Ras dr Mortgagee request. Mortgagee and that g Mortgagee interest has w d the option to accelerate provided in this paragraph and if Mortgago' uccessor n erest has executed written assumption agreement accepted in writing by Mortgagee. Mortgagee shalt release Mortgagor from all obligations under this Mortgage and the Note. 10. No failure by the Mpngagcc or any legal holder hereof to enforce any right set forth herein nor the grant- ing of any extension of time nor taking of additional security. nor partial release of security or thc making of future advances, shall act to constitute a waiver of the right to enforce any and all remedies provided herein nor shalt it act to discharge or release the collateral. 11. That the covenants herein contained shall bind, and the benefits and advantages shall inure to, the respec- tive heirs, 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. o IN WITNESS WHEREOF, the Mortgagor(:) ha hereunto settheIthand(s) this day of June, 2000. In the presence of.— THE STATE OF Wi OMINE} UTAH County of LTNGpLrt y d On this >�rt_dgy of JUNE, 2000 before P_ re me personally appeared =Ua .1. NIXON AND RULON NIXON, TRUSTEES to me known to be thc person d natbed in and who executed the foregoing instrument, and acknowleged that THEY executed the same as free act and deed, including the release add warner of the tight of homestead, the said wife having been by cx* ins fully apprised of tier fishi aad tin effect of signing and acknowledging the said instrument. Given under my hand and tacat this Z day of JUNE, 2000, A. D. nu (Seal) MY Commission exp res 0-a 2.002- tit: I1ULON NIXON, TRUSTEE 131 '7.