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HomeMy WebLinkAbout887229BOOK 5.1_ t~ PR PACE WYOMING REA~°~I~AT~MORTGAGE JAY R. STANSELL AND CHARIS A. STANSELL RECEIVED ,,I ~,', CO!~NT CLERII i. Mortgago~, ~iding at 2435 ASPEN.SPRINGS RD KEMMERER, WY 83101 ' ':~;¢::'Q ~:'' ~'"" , to secure the (address) payment of a promissory note of even date payable to the order of Wells Fargo Financial America, Inc., Mortgagee 2441 FOOTHILL BLVO STE 1243, ROCK SPRINGS, WY 82901 , and evidencing a loan made by Mortgagee (address) to Mortgagors with an Amount Financed of $64,512.12 plus Points and Interest on the Amount Financed at the Rate of Interest Per Year shown on the note, said note is payable in monthly installments, and according to the terms thereof, payment may be made in advance in any amount at any time, and default in making any monthly payment shall, at the option of the holder of said note, and without notice or demand, render the entire unpaid balance thereof at once due and payable, including any unpaid Interest and Points; Mortgagors hererby mortgage and warrant to Mortgagee the following described real estate: LOT 4 OF THE ASPEN SPRINGS SECOND SUBDIVISION, LINCOLN COUNTY, .' WYOMING AS DESCRIBED ON THE OFFICIAL PLAT THEREOF. REC£tVED LINCOLN COUNTY CLERK situated in LINCOLN County, State of ~yffn~ng. Mortgagors hereby release and waive all rights under and by virtue of the homestead exemption laws of this state. Mortgagors agree to pay all taxes and assessments on said premises when duc and keep !buildings:thcreon,~insured for maximum insurable value or such less¢r sum authorized by Mortgagee in writing, during 'the iif¢ 8f'~his mo~iga~¢, with Mortgagee as loss payee as its interest appears. If Mortgagors fail to pay such taxes and assessments and to keep thc premises insured, as aforesaid, the Mortgagees may insure said buildings and pay said taxes and assessments, and all sums so paid shall be added to and considered as a part of thc above indebtedness hereby secured, and shall draw interest at thc same rate. Mortgagors also agree not to sell or transfer said premises, or any part thereof, without Mortgagee's prior written consent and any such sale or transfer without Mortgagee's prior written consent shall constitute a default under the terms'hereof. If default is made in payment of all or part of sums hereby secured, or in any of the covenants or agreements hereof, then at the Mortgagee's option, the whole indebtedness hereby secured shall become due and payable, and the Mortgagee may proceed, pursuant to law by action or advertisement, to foreclose on and sell said property, and out of the proceeds of such sale, pay all sums due hereunder, together with all costs of sale and foreclosure, including reasonable attorney's fees. Witness Mortgagors' signatures on this /'~-2~/~ day of .Q?~ , ;zt.~ . ~ ,- k.~-~. ~_~'-~(~A~D.~ ,~ (SEAL) STATE OF WYOMING COUNTY OF SWEETWATER ) ) ss. ) The fyvegoing instrument was acknowledged before me this by (-~//:k/' ~' %.Jrq~6c[( I / Witness my hand and official seal. (SEAL) wY-g7/~700 day of V~rv~t,y Notary Public My Commission expires ~ - '-7