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HomeMy WebLinkAbout887434BOOK 5i' LPR PAGE ANTHONY RITZDORF AND MAXIME R. 802 EMERALD STREET KEMMERER RECEIVED WYOMING REAL ESTATE MORTG3LQ~,CC, i.?,1 .P,.0L!NTY CLERK RITZDORF, HUSBAND88'/Ii-AND ~} Ocq,=.~.[[-q _ <, ,,,~MGflgagors,~ ...... residing at WY 83101 ~c~,, ,": .... ., ,.~t.,.;tos~urethc (address) ii::':'i:'.":-. : .' : '". payment of a promissory note of even date payable to the order of Wells Fargo Finan~ial America, Inc., Mortgagee 2441 FOOTHILL BLVD. STE. 1243 ROCK SPRINGS, WY 82901 , and evidencing a loan made by Mortgagee (address) to Mortgagors with an Amount Financed of $ 72, BB2.60 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 8 OF BLOCK 2 OF THE LINCOLN HEIGHTS SUBDIVISION TO THE TOWN OF KENNERER, LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT THEREOF KNOWN AS', 802 EMERALD STREET KENNERER, WY 83101 situated in LINCOLN County, State of Wyoming. 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 due and keep buildings thereon insured for maximum insurable value or such lesser sum authorized by Mortgagee in writing, during the life of this mortgage, with Mortgagee as loss payee as its interest appears. If Mortgagors fail to pay such taxes and assessments and to keep the 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 the above indebtedness hereby secured, and shall draw interest at the 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 ~")f'~ day of/~("I'f:6/~LUU:'~/~ , ~. ) )ss. ) STATE OF WYOMING COUNTY OF SWEETWATER The foregoing instrument was acknowledged before me this Witness my hand and official seal. (SEAL) WY-977-0700 day of I.,/~r,,o~r-.,/' Notary Public My Commission expires ~'-/7 , ->coO NOTE AND SECURITY AGREEMENT (including Loan Statement) IDENTIFICATION OF PARTIES: We use the words you and your to mean the Borrowers and a.nyone else who signs this Note and Security Agreement. The words we, us, and our refer to the Creditor. YOUR ACCOUNT IS PAYABLE TO THE CREDITOR SHOWN BELOW ,ELL EARGO EINA,CIAL ^NERI A. IND. 05 "7't;J4 57 2441 FOOTHILL BLVO, 1243 ROCK SPRINGS, WY 082901 Ac~3unt Number Typ~ ~=iden~ Addresl (/f no; S~me) 180118797 IA I Bur[owes (Names end Addre~) RITZDORF,,ANTHONY J,MAXINE I 802 EMERALD ST J KEMMEMER , WY, 821 O13319 Date of First Pavmen! Othms Final I First Other L~an Due Da~e Sam( Day Payment] Pey~nt p&y~nts of Each Due Date 01/20/03 02125)03 Mo,th 01/25118 s 877.00 s 877.00 12.05 % ANNUAL PERCENTAGE RATE: me cost of your credit as a yearly rate. 84977.40 FINANCE CHARGE; the dollar amount the credit will cost you, 72882.60 Amount Financed: the amount of credit provided to you or on your behalf. S 157880,00 Total of Payments: [he amount you will have paid are[ VOU have made all payments as scheduled. Late Charge: If any part of a payment is more than 10 days late. you will be charged a late charge squat to 5% of that portion of the payment that is late or $1 O.OO. whichever is greater. Prepayment If you pay off early, you wilt not have to pay a penalty and Will not be entitled To a refund of part Of the finance charge. Security; You ere giving us a security interest th the property indicated be[ow: [] Motor Vehicle(s) [] Household Goods [] Household Goods & Sputa/Ret,eat(on Equipment [] Real Esla~ []The Goods or Property Being Purchased [] Other Properw: NONE See your contract documents for any additional informal(on about nonpayment default any required repayment in full before the scheduled date, and prepayment refunds end penalties. 11.15 81334.80 3642,60 76525.20 Number of M°"~i80 ,TEMIZATION OF AMOUNT FINANCED 3642,60 PREPAID FINANCECHARGE 72882.60 AMOUNT FINANCED (Sum of a~unm .howe b.low) 801 . 62 AMOUNT PAID ON ~OUR ACCOUNT NONE AMOUNT PAID TO YOU FOil TERI~ UFE INS ' 4.832.64 &MOUNT GIVEN TO YOU DIRECTLY 18.0 8 To Pu~c Offldala for S~riw 350.00 TO Apprei~,er for Appraisal 481 .00 TO Ins. Co. tar TiUa Insuranc~ NONE NONE To Credil Repo~ng Agen~ to[ Credit ~n 58,802.5~ ToABN ANR0 HORTGAGE GROUP. 231. O0 TopROVIDIAN 17~. 86 To JCPENNEY ' S 2 202.89 ToDMCC~ 4 007.00 r. CApITAL ONE 48~ .00 r. FARGO BANK 500.00 ~.FARGO BANK YOUR PROMISE TO PAY AND THE TERMS OF REPAYMENT. To repay your loan, you promise to pay the Amount Financed shown above together with Interest at the Rate of Interest Per Year until fully paid plus any Points (Prepaid Finance Charge) shown above. You agree to pay any charges shown above in the Itemization of Amount Financed box. You'll pay these amounts to us at our office in instalments each month according to the terms of repayment shown above. Each payment will be applied first to the Interest due on the date of payment and then to the Unpaid Balance. The final instalment is equal to the remaining Unpaid Balance plus any unpaid Interest. You can prepay your loan any time. The Unpaid Balance of your loan is equal to the Amount Financed plus any Points shown above. Any Points are withheld from the proceeds of your loan, and are earned on the date of your loan and must be paid in fuji to satisfy this Note and Security Agreement. Interest is computed on the Unpaid Balance. RATE OF CHARGE. The Rate of Interest Per Year is shown above and the monthly rate is one-twelfth of this yearly rate. Each month is considered to have 30 days and when Interest is figured for less than a month, the rate per day is one-thirtieth of the monthly rate. LATE CHARGE. If you're more than 10 days late in paying any part of an instalment, you promise to pay a late charge equal to 5% of that part of the instalment which is late or $1 O.OO, whichever is greater. YOU GRANT US A SECURITY INTEREST. You give us a security interest in your property described below. This property is called collateral. The purpose of this security interest is to protect us if you don't repay your loan described above or if you break any promise made in this Note and Security Agreement. THE PARAGRAPHS CHECI(ED BELOW DESCRIBE THE COLLATERAL COVERED BY THIS NOTE AND SECURITY AGREEMENT: [~] Jo) All of the household goods and sports/recreation equipment of every kind now located at the Sotrower's ~esldence address shown above, exoept those items prohibhed by the Federal Trade Commission's Credit Practices Rule (explained in the paragraph on the reverse side titled 'Creda Practises Rule*). If you have more then one radio or tidevlaion~ you are excluding the least valuable radio and least valusbid television and giving ua · J~u[~ intereet i~ the remaining radio(e) and teidvlaidn(s), [~(b) The fogowing property located et tho Borrowers' residence address indicated above: N0NE ~1(c) Motor vehlcle(sl described as follows: Make J Year Model Style Body Engine or Molor No, License Number I For Year For Year REVERSE SIDE. The additional terms printed on the reverse side are a part of this Note and Security Agreement, and you are bound by them in the same manner as if they were printed on the front of this Note and Security Agreement. SIGNATURES. If you agree to be bound by the terms of this Note and Security Agreement, please sign your name below. All persons signing this Note and Security Agreement will be fully responsible for paying it in full. YOU ACKNOWLEDGE THE EXISTENCE OF A SEPARATE ARBITRATION AGREEMENT SIGNED CONCURRENTLY WI~'H THIS NOTE AND SECURITY AGREEMENT, AND YOU SPECIFICALLY AGREE TO BE BOUND BY ITS TERMS. .... [ SiGN HERE Ik:"~'~C"~-i ~'~ C'h,-- I SaGN HERE I ORIGINAL [ SIGN HERE 1 ] SIGN HERE I WY-20~902