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HomeMy WebLinkAbout893418 r~ Rr'_~,E IVED BOoK''''''3~PRPAGE_ 0.6 _3 LIEN L/t'~'COL,,',! C0Ur'JTy CLERK Lincoln Self Reliance, Inc., a Wyo~ning Non:Profit Corporation, Grantor, (hereinafter referred to as LSR) does hereby grant to the Town of Alton, a W)gOil~lm~ : ,.-., v i,] L R Municipal COrporation, in consideration of the Town of Alton obtaining a Con'nnumty Development Block Grant in the sum of $250,000.00, to provide the funds to the Grantor for the purchase of an office building, according to the terms thereof and the provision of the Community Development Block Grant Agreement between the WYOMING BUSINESS COUNCIL, dated the 12"' day of September, 2003, does hereby grant a lien to :the Town of Afton on the following described real property situated in Afton, Lincoln County, Wyoming, to-wit: Lot 24 of the Airport addition of the Town of Afion Third (3'a) Filing, Lincoln County, Wyoming as described on plat # 891662 of the Office of the Clerk of Lincoln County Records..All Real Property and Fixtures attached thereto Hereby releasing and waving all rights in and to said property under and by virtue of the homestead exemption laws of the State of Wyoming, together with all privileges, hereditaments, tenements and appurtenances thereunto belonging or in any wise appertaining together with all buildings and improvements and fixtures now thereon or which may hereafter be erected thereon, together with all rents, issues, revenue, income and profits from and of said property. LSR expressly agrees that all items now and hereafter attached or connected in or with each building on said premises shall be considered fixtures and subject to the force and effect of this mortgage. LSR expressly covenants that: Nothing shall be done on or in cormection with said property which may impair Town's security hereunder; all said property shall be continuously maintained in good order, repair and condition by LSR at LSR's expense; said property shall at all times be kept so occupied as to keep effective all insurance policies, and devoted to lawful use only; LSR shall pay as due all taxes, assessments and other legal burdens levied, assessed or imposed against said property, will keep all thereof insured against lOss or damage by fire or other casualty, all loss under such policies to be payable to Town. This Lien is in favor of the Town of Afton in the sum of $250,000.00. This Lien shall remain in full force and effect for a period of five (5) years. In the event LSR shall make the decision within said five (5) years to dispose of the facility, the Grantee muSt obtain the consent of the Wyoming Business Council and the Town of Alton before LSR is authOrized to dispose of the real property hereinabove described with improvements thereon. LSR shall pay as due.all items, non-payment of which as due might subject Town or said property to claim of lien or other actionable liability. LSR will not permit said property or any part thereof, to be used in an improper manner or contrary to any law or ordinance. LSR may assign their interest herein only with the written consent of Town. Time and manner of performance are of the essence hereof, and all covenants of LSR run with the land, and all provisions hereof sliall be respectively for the benefit of and binding upon the heirs, successors, legal representatives and assigns of the LSR and Town. IN WTINESS WHEREF, Lincoln Self Reliance, Inc., has caused this Lien to be executed and delivered this 12"' day of September, 2003. Dan'el Skinner, Director Lincoln Self Reliance, Inc., a Wyoming Non Profit Corporation STATE OF WYOMING ) ) ss COUNTY OF LINCOLN ') / , ,~ty/.of ,O-~,)~'-a4'", 03, before personally 'Ont~ ~~ta of 0 _ ' 20 me appeared ("(~×/ (.3' ~ , to me known to bethe persons described in and who executed the foregoing instrument, and acknowledged that they executed the same as their free act and deed, including the release and waiver of the right of homestead. Given under my hand and notarial seal the day and year in this certificate first above ~vritten. NOTARY PUBUC Notary ~~t i~~ My Commission Expires: