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LI~';OC~L~',..! C(_.','t.~LrT'f CLERK
ASSIGNMENT OF MORT .G~G~;~D~I~IER AGREEMENTS ,-'~
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THIS ASSIGNMENT entered into this day of April, 2003, by ~d between Hall and Hall Mortgage ";'
Corporation, 1559 Lo~ Street, Denver, Colorado 80203 (hereinafter refe~ed to ~ "Assignor") and ~h6 Pfffd~ntial .... '-. ......'~
Insurance Company of America, 801 Wa~enville Road, Suite 150, Lisle, Illinois 60532-1357 (hereinafter refe~ed to as
"Assignee").
RECITALS
Assignor is the owner and holder of a Fixed ?mi-Annual Payment Note dated April ~, 2003 in the
stated principal amount of $805,000.00 (the 'Note"), executed by Rees Land & Live-S~tock ~ompany, a
Utah Corporation (aka "Rees Land & Livestock Company"), Connie R. Rex and Charles M. Rex, as co-
makers. The Note is secured by a Mortgage and Security Agreement executed by Rees Land & Live-
Stock Company, a Utah corporation (aka "Rees Land & Livestock Company") to Assignor and duly filed
for record in the office of the Register of Deeds of Lincoln County Wyoming as Document No n
Book~ Ir'] ,Page <~])l (the Mortgage )Covering real property' described ,n Exh,b~t "A" atta~hq~d~-7~- ' -'
hereto and incorporated herein.
2. Assignor has the lawful right to endorse the Note and assign the Mortgage to Assignee.
Assignee desires to purchase the Note and have assigned to it all security instruments held by Assignor
securing repayment of the Note including, but not limited to the Mortgage.
NOW, THEREFORE, in consideration ofTen Dollars ($10.00) and other valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereby agree as follows:
Assignor does hereby sell, assign, transfer, convey, endorse, set over and deliver to Assignee the
Mortgage together with the Note, debt and claim secured by said Mortgage, and all liens, collateral
assignments and security instruments created under, with or related to the Mortgage or the Note.
The Assignor does represent and warrant that it is the owner of the Mortgage and Note secured thereby
and fully authorized and empowered to make the Assignment contained herein.
1N WITNESS WHEREOF, this ASsignment is executed the date above indicated.
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STATE OF COLOR~O )
)SS.;
CO~TY OF D~NWR )
~ -- Th~¢regoing ins~ment was ac~ledged before me this ~ day of April, 2003 by ~%~~'
'~'~:'~ 'z ~tr~(~' ' ' their capacities as ~ W ~%~ ~ ~ ~d Secreta, of Hall ~d Hall Mo~gage Co,oration.
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~ y" ~ Nota~ Public ~
· ~ - k ~k _-- Res~&ngat: ~~~
M~mis~iO~xpires: ~k- ~ ~ %~
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Assignor:
HALL AND HALL MQRTGAGE CORPORATION
Title: (3.(t~ S , O ~ ~
EXHIBIT A TO ASSIGNMENT OF MORTGAGE
(Description of Real Property)
follows: The Real Property subject of the Mortgage is located in Lincoln County, State of Wyoming and is described as
Township 19 North, Range 119 West, 6th Principal Meridian
Section 21: The Southeast Quarter of the Northeast Quarter, the East half of the Southeast Quarter
Section 22: The Southwest Quarter
Section 27: The West half of the Northeast Quarter, the Northwest Quarter, the West half of the Southwest
Quarter
Section 28: The East half of the Northeast Quarter, the South half of the Southeast Quarter, the South half of
the Southwest Quarter
Section 29: The Southeast Quarter of the Southeast Quarter
Section 33: The North half of the Northeast Quarter, the Northwest Quarter, the North half of the Southwest
Quarter, the Southeast Quarter of the Southwest Quarter
Section 34: The Northwest Quarter of the Northwest Quarter
Also included are the interests and rights of the Mortgagor in the following federal grazing permits:
CUMBERLAND & UINTA ALLOTMENT NO. 01206
Permits held directly by Rees Land & Live-Stock Company:
Total of 5,118 AUM's
Active 3,575 AUM's
Suspense 1,543 AUM's
Further detailed as:
Begin End % Public AUlvl's
Livestock No. Type Grazing Grazing Lands Permitted
350 Cattle 05/01 05/15 92% 159
706 Cattle 05/16 06/20 92% 769
768 Cattle 06/21 09/30 92% 2,369
350 Cattle 10/01 10/15 92% 159
CRAWFORD MOUNTAIN
NO. 01465
Permit held directly by Rees Land & Live-Stock Company:
Livestock No.
10
Begin End
Type Grazing Grazing
Cattle 03/01 02/28
% Public
Lands
100 Custod Grazing
AUM's
Permitted
119
699947.01