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Furthermore and in addition to the remedies otherwise provided for in this mortgage and by law, and as
a matter of right, without regard to the solvency or insolvency of mortgagors, the value of the premises, or the
sufficiency thereof to discharge the indebtedness and costs of foreclosure and sale, mortgagee shall be entitled
to a receiver for the premises and the rents, issues and profits thereof from the time of default to the expiration
of any redemptive period provided by law. Such receiver may be appointed by any court of competent jurisdiction
upon ex parte application, without notice, notice being hereby waived and the appointment of a receiver upon
such application being hereby consented to by mortgagors.
The Mortgagor shall pay all taxes, assessments and insurance in connection with the property and
improvements thereon. If the Mortgagor fails or neglects to pay any installment of taxes, assessments or insurance
premiums when due, the Mortgagee shall have the right to make such payments and to add the amount thereof,
together with interest at a rate of eighteen (18) percent per annum to the obligation of the Mortgagor under the
Promissory Note. Such right shall be deemed an option and shall impose no obligation on the Mortgagee and the
Mortgagee may elect to treat such a failure on the part of the Mortgagor as a default under the Promissory Note.
Mortgagor shall pay for and maintain fire, casualty and other insurance of a sufficient amount to cover the
indebtedness secured by this Mortgage. In no event shall the amount of coverage be less than the total of the
amount remaining due under the Promissory Note. The loss payable clause shall include the Mortgagee as a
beneficiary for the amount of its interest.
Hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State
of Wyoming.
Witness our hands this 1st day of May, 2000.
STATE OF WYOMING
COUNTY OF LINCOLN
The foregoing instrument was acknowledged before me by Reed S. Clark and Patricia H. Clark, husband
and wife, this 1st day of Aptil, 2000.
May
Witness my hand and official seal.
SS.
My Commission Expires: February 2, 2002
2 of 2
696
PATRICIA H. CL