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HomeMy WebLinkAbout887182BOOK ,~,.,'!_,0 PRPAGE 62 4 RECEIVED LINCOLN COtlNTY CLERK Mortgagor/ts.~Zdf/~.~fo~/'~' ~ e~CounW of A;~d~/~ , State of ~ , hereby mortgage to Mo~gagee of ~ ~ ~~ for the sum of ~ ~', ~ the following described tract of land in ~ )~/~ Counw, State of ~//-~ ~- ~ ' · '~ ~. t , n~re~y re~eas~ng and waiving a~ yights under and by vi~ue of the homestead e~mption laws of the State, to wit: Th~ mortgage is given to secure the following indebtedness: one note of even date herewith for $ Z~P, ~ ~ made payable at the tim6k a: Ona the rate suecified in the note/ _ This mortgage is intended to cover the rents and profits of said property, and consent is hereby given after default, for the appointment of a receiver by any competent court and the receiver is hereby authorized to rent the said property and apply the proceeds on this obligation. The Mortgagors agree to keep the buildings now on said premises or hereafter erected thereon fully insured against loss by fire in some fire insurance company approved by the mortgagee, with loss, if any payable to mortgagee, during the life of this mortgage. The Mortgagors also agree to pa), all taxes and assessments on said premises, including any assessments that may be levied on water rights or shares of stock used in connection herewith, or held as collateral with the above note; also any tax that may be assessed by reason of this mortgage or the debt secured thereby, and reasonable attorney's fees in case of foreclosure, or the commencement of any legal proceedings for foreclosure of the same, and said attorney's fees shall be added to the amount due on this mortgage, and made a lien on the premises described herein. In case of default in the payment of any sum covenanted to be paid, either the principal or interest when the same shall become due and payable, or in case of default in the performance of any covenant herein contained, the whole amount of this indebtedness secured herein may be immediately declared due and payable, and to bear interest at the rate of 10 percent per annum from the date of such default, and this, mortgage foreclosed at the option of the legal holder. In the event of default, Mortgagors grant to Mortgagees a Power of Sale to foreclose on and sell said property as public auction pursuant to 34-4-101 et seq. Wyo. Stat., 1977, or its successor. WITNESS the hand of said mortgagor, this "! '": '::'aa~:''i~tf: :' , A.D. 200'~ Signed in the presence of State of } County of } On the me that they executed the same. [ County of ~ State of ~ ~1 Lincoln ~ W~oming J_ co, i@ ;?dc':z dayof ~ cC A.D.200~, personally appeared before me, , the signer¢ of~the within, instrument, who duly acknowledged to ~, :;.~.:~, ~. ~ . : ~..:,' : ~: Notary Public Residing in: LAND TITLE COMPANY