Loading...
HomeMy WebLinkAbout895114NOV-04-03 04:Z3P~ FROM-Land Title Company 307-733-6~85 · 0or 54! ' ' 9 PAGE__~ -3 ROBERT S. WOHRMAN and STACEY R. WOHRMAN, husband and Wife T-150 P.OII/Oll F-408 RECEIVED LINCOLN COUNTY CLERK JEANNE' WA(}NER ¢ ' ~ .~r' Mortgagors of , County of , State of Wyoming, hereby mortgage to TED R. JORGENSEN and FRANCES A. JORGENSEN, Trustees for the uses and purposes set forth in the Ted R. $orgensen and Frances A. Jorgensen Revocable Trust u/a/d the 12~' day of January, 1993, and all amendments thereto. Mortgagees of PO Box 816, Aflon, WY 83110 for the sum of ONE HUNDRED THTRTY THOUSAND AND N0/100 ..................... ($130,000.00) the following described tract of land in Lincoln County, State of Wyoming, hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of file State, [o wit: Lot A-2, of Pdverview Town.homes West Addition to the Town of Alpine, Lincoln County, Wyoming, according to that plat filed November 27, 2001 in the Office of the Lincoln County Clerk as Plat No. 188-B Subject to reservations and restrictions contained tnt the United States Patent and to casement and rights- of-way of record or in use. Together with all improvements and appurtenances thereon. This mortgage is given to secure the following indebtedness: one note of even date herewith for $130,000.00 made payable at the times and place and at the rate specified in the note Tills mortgage is intcndcd to cover the rents urld profits of said pr0pcny, and consent is hereby givcn after default, for thc appointment of u receiver by any competent court and the receiver is hcreby authorized to rcm the said property and apply the proceeds on this obligation. Thc Mortgagors agree to keep the buildings now on said premiseu or hereafter erected thereon fully insured against loss by flee in some fire insurance company approved by the mortgagee, wifll loss. if any payable to mortgagee, during rite life of this mortgage. The Mortgagors also a~'ee to pay all razes and assessments on said premises, including any assessments thul may be levied on water rights or shares of ~tock used in connection hcrcwkh, or held aS collateral W~th the above note; also any ~ax that may be assessed by reason of this mortgage or the debt secured thereby, a~d reasonable anomey's fees in case of foreclosure, or thc commencement o£ any legal proceedings for foreclosure of thc same, and said altorncy's fees shall be added to the amoum due on this mortgage, and made a lien on the ptcm./scs described herein. In ca~e of defauh in thc payment of any sum covenanted [o be paid, either the principal o~ interes~ when thc sane shall become due and payable, or in case ofdefauh in the performance or,my covenant herein contained, thc whole amount of this indebtedness secured herein may bc immediately declared duc and payable, and to bce' interest at [he rate of 10 percent per annum dom the data of such defaulh and this, mortgage foreclosed a~ the option of ibc Icsal holder. In the event ofde£auh, Morlgugors gl'ant to Modgagces a Power of Sale to foreclose on and sell said property as public auction pursuant [o 34-4-101 ct seq. Wyo. Suq., 1977, or ils $ue¢~55o1', WITNESS the hand of said mortgagors, this L/¢L-'flay of November, A.D. 2003 Signed in tile Presence of ~b~i' S.' wohr~" Stace-y R. Slate of County of On thc ~'L/k--,'day of November, A.D.2003, personally appeared before me/Robert S. Wohrman and StaeeY R. Wohrman, the signers of the within instrument, who duly acka'iowledged to me that they executed the $ ' -~ ~ IZJ/fiji J~ UgJALC ~.~d. KZ~.J~ ] County of [ff'~'~ State of [Notary Public ' C°mmissi°n expires: ! Linc°In ~ Wy°ming! Residing in: · My Oomml~lon Expires ~pl~mb~l' ~P, ~)07 LAND TITLE COMPANY