HomeMy WebLinkAbout887576BOOK''1 ~-PRPAGE 30 2
Gloria P Corsi
887 76
~OM/NG I~EAL ESTATE MORTGAG~
, Mortgagors, xesiding m
PO Box 492: Washington, UT 84780 ,tosecurethe
(address)
payment of a promissory note of cvcn date payable to the order of Wells Fargo Financial America, Inc., Mortgagee
891 S Bluff St, ST Gee)rea; lIT Rk770 , and evidencing a loan made by Mortgagee
(addresS)
to Mortgagors with an Amount Financed of $ 20,000.00 plus Points and Interest on the Amount Financed at the
Rate of, Intct~st 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 mount al 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 teal estate:
Beginning si a polnl on e Nodh bou.da~ line of Ihe Jeme.~ C. Baker Tract, said
beginning poinl also being 150 fe~! West of Ih~ Easl boundary line and 602 feel North of
the Soulh boundar~ line of the SWll4NWlt4 (aka LOl 2) of Section 31, T34N, RllSW,
6~ P.M., Wyoming, and nmnlng lhenc~ Wesl &long said North boundary line of thc:
James C. Baker tracl, 150 feel, more or less, Io a corner ol said Baker Ired, thence
situated in Lincoln County, State of Wyoming.
Mortgagors hereby release and waive all fights under and by vkttue of the homestead exemption laws of this state.
Mortgagors agree to pay all taxes and assessments on said premises whma 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 seemed, and shall draw interest at the
salne 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.
Wibaess Mortgagors' signalnres on this ~L~ day of ,~¥~, '
UTAH
STATE OF ~~ )
)ss.
COLrN~ oF t,v~4f,,J ~-r-~., )
The foregoing instrument was acknowledged before me this
by
Witness my hand and official seal.
(SEAL)
WY1077-0700
(SEAL)
Z-'4 ~y of...~72,.~, ,Za2~,
and