HomeMy WebLinkAbout886046 RECEIVED
LINCOLfq COUN"'[Y CLERK
William B. Cook, (herea~er collectively "MORTGAGOR"), to secu~e!::t,~¢':
· pa~ent of One Hun&ed Ten Thousand Dollars ($110,000.00), with interest
thereon, as provided in and evidenced by a promissow note of even date
herewith (with the ultimate mamri~ date of which is November 27, 2007 or
5 years ~om final date of closing if that date is after November 27, 2002)
and all renewals, modifications and extensions thereo[ do hereby me. gage
to Suz~ne Jo~son, Shkley Dean Cumngs and Maw L~n Haungs,
Cerein collectively "MORTGAGEE") the following described real prope~y,
situated in the Coun~ of Lincoln, State of Wyomng:
That pad of the SWlI4 of Section 12, T33N, R119W, Lin~ln County, Wyoming, it being
tho Inlent to more correctly descdbe P,r~l ¢2 of that traot of m~ord in the Office of the
Clerk of Lincoln County In Book 249 of Photostatic Record8 on Parle 297, described
follows:
BEGINNING at the southwest corner of said Section 12;
Thence S89~50'52~E, 1441.91 feet, along the south line of said 8W1/4, to a brass
Thence N50°48'42'~. 10.05 feet, to a brass cap;
Thence NTO'O1'55"E, 307.97 feet, to a brass cap on the westerly right-o[way line of
U.S. Highway
Thence continuing, NTO"01'55"E, 82.73 feet, to ~ position on the ~ntedine of tho U.S.
Highway g9;
Thence N38°45'53~, 7~2.44 feet, along said Centerline, to the beginning of a circular
cu~e to the dght;
Thence nodhwestefly, along said ~nterline, 21.58 feet, along tho am of said
through a ~ntral angle of 00"32'22", ~th a radius of 2291.00 feet ~nd ~ chord boating
N36'29'41~, 21.58 feet, to the 8outheast 8pike of that t~t of r~oord In said Offi~
Book 441 of Photos~tlc Re6ords on page 483;
Thonc~ S86'47'26~, 1~8.42 feet, along the south line of ~ald Im6t, to tho ~outhwest
point thereof, on the west line of said 8Wl/4;
Thence S00-12'00~, 620.51 feet, along ~ald west line, to Ih, CORNER
ENOOMPA881N6 an ~rea of 24.5~ ,,m~, more or
The BASB B~RING for thl, ,um,y i, the w~t line of ~e 8W1/4 of SeCtion 12,
th~ Ol~ of Hn~ln ~un~;
ea~ ~mss rap' ma~ by a 2' ga~nl~d steel pl~ ~th brass ~P Ins~lbed 'Paul N.
SCHERBEL RLSI~ BIG PINEY WYOMING', ~th appmp~te de~ils found;
each 'spike- ma~ed by a 3/8" X 12' steel spike;
each 'point" ma~ed by a 5/8" X 24' steel reinfordng r~ ~ a 2' aluminum ~P
inscribed, 'SURVEYOR SCHERBEL LTD A~ON ~ PLS 5368', ~ appropriate
details;
all in a~rdan~ ~ ~e plat pre.md to ~ fl~d in ~ ~ of ~e ~e~ of Un. In .=.~ ,.~ :.: '..: .-~
WITHIN ~E ~114 SECTION 1~ .
17 O~o~r 2002.
Lincoln County, Wyoming as described on the official plat thereof
Together with all and singular the improvements thereon or thereunto
appertaining
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. In the event MORTGAGOR fails to' pay such
taxes and assessments, MORTGAGEE may pay such taxes and assessments
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 and interest, when the same shall become due, or in case default
shall be made in any of the covenants and agreements thereof, which default
is not cured within ninety (90) days after notice thereof is given by
MORTGAGEE, then the whole indebtedness hereby secured, with interest
thereon, shall become due and payable, at the option of the MORTGAGEE,
and MORTGAGEE, S legal representatives and assigns, may proceed by
advertisement and sale and/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.
MORTGAGOR warrants title to the Property as to parties claiming, by,
through or under MORTGAGOR only.
This property is agricultural property as defined in Wyo. Stat. SS 1-18-103.
WITNESS my hand this 27th day of November, 2002.
7/~'~ O¢ook
Wil~a~rn~B ~6~k ~ Susan
-State of Wyoming
County of Lincoln
The foregoing ins~[ument was acknowledged before me by William B.
Cook, this _;;7'/"/'/lay of November, 2002.
WITNESS my hand and official seal. -7' /
/~I)~ ,,o~i~?~c~. I No~Pubhc,~~
FEB. 9. ' · ~ -