HomeMy WebLinkAbout977749liance Title E 977749 r _7428/2014 12:30 PM
PO Box 1361i LINCOLN COUI S: $15.00 PAGE 1 OF 2
emmerer WY 83101 BOOK: 836 PAGE: 718 MORTGAGE
JEANNE WAGNER, LINCOLN COUNTY CLERK
1111111111111111111111 ID IIIIIIIIIII IIII 11111 III IIIIII
Order No.: ATEC- 236725
MORTGAGE
Scott A. Minton and Lisa A. Minton,
;�dt�t/]X'lr<f dk'dd kip /1<Gs� /l?Gfi�il'dr�' hiisbaild 4nd wife, of 6015 Medina Dr. Midland, TX 79707,
(herein collectively called `MORTGAGOR to secure the payment of $97,750.00, with interest
thereon, as provided in and evidenced by a promissory note of even date herewith (the ultimate
maturity date of which is January 29, 2017) and all renewals, modification and extensions
thereof, do hereby mortgage unto The Millward Family 2013 Living Trust dated October 2, 2013
of Mesquite, NV 89024 -2345 (herein called "MORTGAGEE the following described real
property, situate in the County of Lincoln, State of Wyoming, hereby releasing and waiving all
rights under and by virtue of the homestead exemption laws of the State of Wyoming, to -wit:
That part of the Northwest Quarter of the Southwest Quarter of Section 14, Township 31 North
Range 119 West, Lincoln County, Wyoming, it being the intent to more correctly describe those
tracts of record in the Office of the Clerk of Lincoln County in Book 404 of Photostatic Records
on page 873 and in Book 442 of Photostatic Records on page 600, as follows:
COMMENCING at the intersection of the West line of said Northwest Quarter of the Southwest
Quarter with the centerline of the Bitter Creek County Road No. 12 -140 of Sta. 198 +53.15, South
00 °41'34" East, 516.40 feet, from the Northwest corner of said Northwest Quarter of the
Southwest Quarter;
Thence South 29 °30'22" East, 0.82 feet, along said centerline, to the SPIKE OF BEGINNING;
Thence South 29 °30'22" East, 96.43 feet, along said centerline, to a spike at PI 199 +49.65;
Thence South 24 °51'52" East, 189.80 feet, along said centerline, to the Western most
Northwesterly spike of that tract of record in said Office in Book 620 of Photostatic Records on
page 340;
Thence North 61°54'18" East, 243.79 feet, along a Northerly line of said tract of record in Book
620, to the Southern -most Southwest pipe of that tract of record in said Office in Book 541 of
Photostatic Records on page 600;
Thence North 12 °17'47" West, 191.62 feet, along a Westerly line of said tract in Book 535, to an
angle point;
Thence South 81 °20'50" West, 305.02 feet, along a Southerly line of said tract, to. the SPIKE OF
BEGINNING.
MORTGAGOR agrees to pay the indebtedness hereby secured; to pay all taxes, assessments and
charges levied against the property, as the same become due and payable; to secure, maintain and
furnish MORTGAGEE evidence thereof, insurance with an insurance carrier or carriers
acceptable to MORTGAGEE, covering the insurance improvements on the Property against loss
by fire and earthquakes, with extended coverage, in an amount not less than the unpaid balance of
the debt hereby secured, or the insurable value (replacement cost) of such improvements,
whichever is less, which insurance shall contain an appropriate loss payable provision protecting
MORTGAGOR and MORTGAGEE as their respective interests may appear from time to time.
In the event MORTGAGOR fails to pay such taxes or assessments, or fails to keep and maintain
such insurance as herein provided, MORTGAGEE may pay such taxes and assessments and may
secure and pay for such insurance, and all sums so paid shall be added to and considered a part of
the indebtedness hereby secured and shall draw interest at the same rate.
In case default shall be made in the payment of the above sums hereby secured, or in the payment
of the interest thereon, or any part of such principal or interest, when the same shall become due;
or in case of default shall be made in any of the covenants and agreements thereof, or in the event
MORTGAGOR sells or conveys the Property, or any part thereof, or any interest therein, without
the prior written consent of the MORTGAGEE first had and obtained, then the whole
indebtedness hereby secured, with interest thereon, shall become due and payable, at the option of
MORTGAGEE, and MORTGAGEE'S legal representatives and assigns, may proceed by
advertisement and sale /or as otherwise authorized by governing law, to foreclose on and sell the
Property, and out of the proceeds of such sale, MORTGAGEE shall pay all sums due hereunder,
together with all costs of sale including reasonable attorney's fees. If the proceeds of the
foreclosure sale are insufficient to pay the indebtedness hereby secured and foreclosure costs,
MORTGAGEE shall be entitled to a deficiency judgment.
In the event of any default whereby the right of foreclosure occurs hereunder, MORTGAGEE
shall at once become entitled to exclusive possession, use and enjoyment of the Property, and to
all rents, issues and profits from the accruing of any such rights and during the pendency of the
foreclosure proceedings, and the period of redemption, if any there be.
i
MORTGAGOR warrants title to the Property as to parties claiming, by, through or under the
MORTGAGOR only.
Witness our hands this 02,� 7 day of July, 2014
Scott Minton
Lisa Minton
State of l4.
County of
The foregoing instrument was acknowledged before me this day of July, 2014, by Scott
Minton and Lisa Minton.
Witness my hand and official seal
Notary Public: GGp ,Q/A Ai. /9 YE/PS
My commission expires: 9' jc-
GLORIA K. BYERS NOTARY PUBLIC
County of
Lincoln
State of
Wyoming
My Commisson Expires Saptember 15, 2015