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If the Mortgagor defaults in the payment of such taxes, assessments or other lawful charges, the Mortgagee may, without notice or demand, pay the same. The Mortgagor covenants and agrees that all such sums of money so expended, together with all costs of enforcement or foreclosure, and reasonable attorneys fees, shall be added to the debt hereby secured, and agrees to repay the same and all expenses so incurred by the Mortgagee, with interest thereon from the date of payment at the interest rate provided in the note or notes secured hereby until repaid, and the same shall be a lien on the property and be secured by this mortgage. 3. If the Mortgagor defaults in the payment of any principal or interest on the indebtedness secured hereby after the same shall become due and payable, or if the Mortgagor breaches any covenant or agreement contained herein, which default or breach is not remedied within a period of thirty (30) days after notice thereof is delivered or mailed to the Mortgagor by or on behalf of the Mortgagee, the whole of the then outstanding indebtedness secured hereby, both principal and interest, together with all other sums payable pursuant to the provisions hereof, shall, at the option of the Mortgagee, become immediately due and payable, anything herein or in said note or notes to the contrary notwithstanding, and failure to exercise said option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default. The Mortgagee may enforce the provisions of, or foreclose, this mortgage by any appropriate suit, action or proceeding at law of in equity or by advertisement and sale as provided by Wyoming statutes. At any foreclosure sale, the Mortgagee may cause to be executed and delivered to the purchaser or purchasers a proper deed of conveyance of the property so sold. The Mortgagor agrees to pay all costs of enforcement and of foreclosure, including reasonable attorneys fees. The failure of the Mortgagee to promptly foreclose following a default shall not prejudice any right of the Mortgagee to foreclose thereafter during the continuance of such default or any right to foreclose in case of further default or defaults. The proceeds from such sale shall be applied to the payment of (1st) the costs and expenses of foreclosure and sale, including reasonable attorneys fees, and all money expended or advanced by the Mortgagee pursuant to the provisions of this mortgage; (2nd) all unpaid taxes, assessments, claims and liens on the property which are superior to the lien hereof; (3rd) the balance due to the Mortgagee on account of principal and interest and charges on the indebtedness hereby secured; and (4th) the surplus, if any, shall be paid to the Mortgagor (subject to the rights of any junior lienholders). 4. If the right of foreclosure accrues as a result of any default hereunder, the Mortgagee shall at once become entitled to exclusive possession, use and enjoyment of the property and to all rents, income and profits thereof, from the accruing of such right and during the pendency of foreclosure proceedings and the period of redemption, and such possession, rents, income and profits shall be delivered immediately to the Mortgagee on request. On refusal, the delivery of such possession, rents, income and profits may be enforced by the Mortgagee by any appropriate suit, action or proceeding. The Mortgagee shall be entitled to a receiver for the property and all rents, income and profits thereof, after such default, including the time covered by foreclosure proceedings and the period of redemption and without regard to the solvency or insolvency of the Mortgagor, or the then owner of the property, and without regard to the value of the property, or the sufficiency thereof to discharge the indebtedness secured hereby and foreclosure costs, fees and expenses. Such receiver may be appointed by any court of competent jurisdiction upon application, and the appointment of any such receiver on any such application is hereby consented to by Mortgagor. All rents, income and profits of the property shall be applied by any such receiver according to law and the orders and directions of the court. The terms "foreclosure" and "foreclose as used herein, shall include the right of foreclosure by any suit, action or proceeding at law or in equity, or by advertisement and sale of the property or in any other manner now or hereafter provided by Wyoming law, including the power to sell. 5. If the property described herein is sold under foreclosure or otherwise and the Eliason.Mtg\re99 2 ocgnd ki loN mole log amp acl igas pug pugs ,(w .iapun uanuo 66 81n uosa ZOOZ `9Z 'cad :sandxo uolssiuuloo Aj1s (Ms) •pgalsaUIo1 Jo JanlgM pug asgaiai acl 8uipnioul 'pap pug aag nail se cures ail palnoaxa sienpu►tpuc cons lggl pa8painnouvg pug a8gSpou18uio8mmm1 ail palnoaxa mot pug 111 paquosap suos.tad ail aq of unMOLDI 0111 01 sounm- gtieaad 'X vpuio puu III `sounr 1 -u2pu d •H o.1njid pasuaddg (iiguosiad au1 =jag `000Z Tiady 10 Auppoi sun up No1.3.L dO A.LNf1O3 •ss (DruploAM dO was immAnQa'IMONNDV SO} u•vrIYuad 'x VUNID •uallum anoqe log amp and jo se Jo8m81JON 012 patn0axa Ainp uaaq sec a8v8iJOtu sups `doa mink SSat LIM NI •Iiem and ut a0ttou cons 8utlisodap Jo acuti ail tm uosiad u! 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U.S. 89 N Highway 16 feet west of the Center Section 23, T34N, R119W, and running thence 3528 feet West across Salt River to Existing fence corner point (c), thence northerly along existing fence line c- d- e- f -g -h -i j- k- l- m- n -o -p, the centerline of the East West County road and west bank Salt River, thence East 1396 feet along County Road Centerline point (5), thence S 7 °50' E, 112 feet to point (4), thence S 11°45' E, 280 feet to point (3) thence N 87 °30' E, 220 feet to point (2), thence South 946 feet to point (q), thence East 2033 feet more or less to point (r) on the West bank East Side Canal, thence southerly along said west bank canal 363 feet to point (s), thence West 77 feet, thence South 2 °0' E, 196 feet, along west property line Dana Cold Storage Tract to point (7), thence S 0 °0' E, 600 feet to point (8), thence East 217 feet more or less to the West R.O.W. U.S. 89 Highway thence Southerly along said West R.O.W. 195 feet more or less to point (a) the place of beginning. EXCEPTING THEREFROM all lots situated in the West Thayne, a subdivision situated in the city of Thayne, Lincoln County, Wyoming, according to the official plat thereof on file and of record in said county. EXHIBIT "A" to Eliason/Paralta -Ramos Deed OS*i53` Lots 1, 2, 3, 5, 6, 8, 10, 12, 13, 14, 16 and 17 of the West Thayne Subdivision to the Town of Thayne, Lincoln County, Wyoming, according to the official plat recorded in the Office of the Lincoln County Clerk. EXHIBIT "B"