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HomeMy WebLinkAbout89283001017653 MORTGAGE DAVID SCOTT BENDER, a single man 8 9 2 8 3 0 Mortgagor of Afton, County of Lincoln, ORIGINAL RECEIVED 'LINCOLN COUNTY CLERK !F- ~' ~ Mr- t ,a '"' State of Wyoming, hereby mo~g~ag~ ~o~ r_ ef/,~ L~ N ~ ~ RON O~S ~ J~ O~S, h~b~d ~d Mfe ~" ': BOOKSB~ PR PAGE 3 7 5 Mm~gagees of PO Box 33 i, Bedford, ~ 83112 for ~e sm of O~ ~~D F~IY THOUSA~ ~ NO/I00 ..................... ($150,000.00) · e follow~g descdb~ ~t ofl~d ~ L~coln Co--W, State of Wyoming, hereby rele~g md whhng aH fi~ts under md by ~e of~e homestead exempaon laws of~e Smt~ to Mt: See Exhibit "A" Attached Hereto %(. This mortgage is given to secure the following indebtedness: one note of even date herewith for $150,000.00 made payable at thc times and place and at the rate specified in the note This mortgage is intended to cover the rents and profim of said property, and consent is hereby given after de&ulk for the appoJntment of a r¢C~,qver by any competent court and the receiver is hereby authorized to rent thc said prop,~-y and apply the proceeds on this obligation. The Mortgagom agree to keep the buildings now on said premises or herca~er crcotcd thereon fully insured against loss by fire in some fire insurance ,ompany approved by ~he mortgagee, with Ios~, if any payable to mortgagee, during thc ]ifc of this mortg~gje. The Mortgagors also aiD'cc to pay all taxes ~nd a~s~rnen~ on said premise& including any a..~e..~m~cnts that may be lcvicd on walcr rights or shares of stock treed in connection hcrcw/th, or hcld a~ collatcr~l w/th the above note; also any tax that may be assc.~cd by mason of this mort~,~, or the debt secureA thereby, and re,enable attorney', fccs in case of foreclosure, or th,,- c~mmcncement of any legal procccding~ for foreclosure of the r, ame, and raid attorney's fees shall be added to thc amount due on this mortgage, and made a lien on the premises d~cribcd herein. In ca~c ofdefm~lt in the payment of any sum covenanted to be p~id, cithcr ~h¢ principal or intere,t when the stone shall become due and payable, or in ca~c of default in the performance of any covenant h~rein contained, the whole amount of this indebtedness secured herein may be Lmmcdiatcly dcoiarcd duc and pay, blt, ~nd to bear interest az the rate of 10 percent per annum fi.om the dale of such default, and thi.~, mortgage foreclosed al thc option of the lcltal holder. In the ¢v~t ofdefaulL Mortgagor~ grant to Mortgagee~ a Power of Sale to foreclo~ on and sell said property a~ public auction pursuant to ?. ~. I0l et seq. Wyo. Stol_, 1977, or its SUCCCS:SO1r, WITNESS the hand of said mortgagor, this 21" day of August, A.D. 2003 Signed in the presence of David Scoff'Bender State of Wyoming } County of Teton } On the 21~ day of August, A.D.2003, personally appeared before me, David Scott Bcmder, the signer of the within instmmenk who duly acknowledged to me that he executed the ~am"--~ // { KELLY PF-J, VLER-NOTARY PUBLIO No~ ~rl.lb, h~'F Commission expires: ~[ /Gounty of ~ State of .-'7 ~ .. '~..~ ~_zl}5/ Uncoln , ~ Wyoming / L. xrD TITLE COMPANY 376 EXHIBIT "A" NW1/4NE1/4NE1/4 of Section 22, T33N, R119W of the 6'h P.M., Lincoln County, Wyoming. Together with that certain Easement dated June 10, 2003 and recorded in the office of the Lincoln County Clerk on August 12, 2003, in Book 530 P.R., page 391. Together with a 30 foot easement along tine South boundary line of the NE 1/4NE 1/4NE 1/4 of Section 22, T33N, R119W of the 6th P.M., Wyoming.