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89611 3
REOEIVED
LINOOLN COUNTY CLERK
03 ._P,F.C 2 2 PH 3: 6
~"F
u,..-A NI'.IE
PARTIAL RELEASE OF REAL ESTATE MORTGAGE
KNOWN BY ALL THESE PRESENTS, That MFC Realty a partnership composed of John
T. Masson and Denise Gray, successors Trustees under Trust Agreement dated September
12, 1990, and Morris A. Farinella, Successor Trustee of the Farinella Family Trust dated
June 26, 1997, does hereby certify that mortgage bearing the date of November 11, 1996 made
and executed by Star Valley Cheese Corporation, as mortgagors to MFC Realty as mortgagee
conveying certain real estate therein mentioned as security for the payment of $233,100.00 as
therein stated, which mortgage was recorded in the office of the County Clerk and Ex-Officio
Register of Deeds of Lincoln County, State of Wyoming, on January.7, 1990 in Book 392PR
on page 530 mortgaging the following described real estate in said County, to wit:
SEE ATTACHED EXHIBIT A FOR LEGAL DESCRIPTION OF PARCEL 1-STAR
VALLEY APARTMENTS AND PARCEL 2-STAR VALLEY PIZZA.
It being expressly understood and agreed that this release shall not affect the said
mortgage of the security thereof, in any manner or form whatsoever, as to the remainder of the
real estate mortgaged therein and thereby.
WITNESS my hand this
State of California )
)SS.
of P
County
)
he foregoing instrument was acknowledged before me by Morris A. Farinella this
day of Aqa-gu,z,~gq~~~ ~7,,
WitneSs my hand and official seal.
My Commission Expires:
~, Notary 'Public
Commission ~ 1387946
Nolar~ Public- California
Lo~'~ngeles County
MyC~ ~res Nov2~ ~[
EXHIBIT A
Parcel 1-Star Valley Apartments
A Mulfifamily Development Complex, being a portion 0f Tract 2, as referred to in the Notice of
Mortgage recorded in Book 493PR on page 607 with the Office of'the Clerk of Lincoln County,
Wyoming, within the NW~ASE~ of Section 23, T34N R119W of the 6th P.M., Thayne, Lincoln County,
Wyoming, the metes and bounds being more particularly described as follows:
BEGINNING at the Iron Pipe marking the Southeast corner of the Parker property, as referred to in the
Deed recorded in Book 354PR on page 434, with said Office, also being a point in the West right-of-way
line of Hokanson Avenue, said POINT OF BEGINNING being 1744;78 feet S 61°26'11" W from the
B.L.M. type monument marking the L16yd B. Baker PE/LS 698,~ 1995 location for the Northeast corner
of the'SEl/i of said Section 23; also POINT OF BEGINNING being 2334.31 feet N 40018'38'' W from
the B.L.M. type monument marking the Paul N. Scherbel RES 164, 1976 location for the Southeast
corner of said Section 23;
thence S 6°05'51" E, along said West right-of-way line, 160.00 feet to an Aluminum Cap on Iron Pipe;
thence S 83 °54'09" W, perPendicular to said right-of-way line; 206.00 feet to an Aluminum Cap on Iron
Pipe;
thence N 6°05'51" W, parallel with said right-of-way line, 164.05 feet to an Aluminum Cap on Iron Pipe
· marking a point in the South line of'the Lower Valley LLC property, as referred to in the Deed
recorded in Book 476PR on page 699, with said Office;
thence N 85°01'45" E, along said South line and the South line of said Parker property, 206.04 feet, to
the POINT OF BEGINNING.
LESS AND EXCEPT any land contained in Quit Claim Deed recorded March 13, 1973 in' Book 103PR
on page 439 of the records of the Lincoln County Clerk.
LESS AND EXCEPT any land contained in Warranty Deed recorded July 21, 1994 in Book 354PR on
page 434 of the records of the Lincoln County Clerk.
Parcel 2-Star Valley Pizza
A portion of Tract 2, as referred to in the Notice of Mortgage recorded in Book 493PR on page 607 with
the Office of the Clerk of Lincoln County, Wyomipg, within the NW ~ SE 1/~ of Section 23, T34N RI 19W
of the 6th P.M., Thayne, Lincoln County, Wyoming, the metes and bounds being more particularly
described as follows:
BEGINNING at P.K. Nail marking the Southeast corner of the Rodeck property, as referred to in the
Deed recorded in Book 447PR on page 314, with said Office, said POINT OF BEGINNING being S
25o58'53'' E, 1358.92 feet from the B..L.M. type monument marking the H. Knowlton Jr. RLS 597,
1973 location for the Northwest corner of said NW¼SE~.4 and S 89o24'52'' E, along the' South line of
said Rodeck propertY, 190.03 feet to the POINT OF BEGINNING;
thence N 0028'04" E, along the East line of said Rodeck property, 108.00 feet to an Aluminum cap on
Iron Pipe;
thence S 89o24'52" E, parallel with said South line, 150.00 feet to an Aluminum Cap on Iron Pipe;
thence S 0o28'04'' W, parallel with said East line, 108.00 feet to an Aluminum Cap on Iron Pipe;
thence N 89o24'52'' W, at an identical angle with said South line, 150.00 feet to the POINT OF
BEGINNING.
TOGEHTER WITH the right of ingress, egress and utilites described as follows:
A portion of Tract 2, as referred to in the Notice of Mortgage recorded in Book 493PR on page 607 with
the Office of the Clerk 0f Lincoln County, Wyoming, within the NW ~/~ SE ¥~ of Section 23, T34N R119W
of the 6th P.M., Thayne, Lincoln County, Wyoming, the metes and bounds being more particularlY
described as follows:
A 60 feet wide right-of-way easement for ingresi, egress and utilities from Main Street (U.S. Highway
89), the North line being more particularly described as follows:
BEGINNING at the Iron Pipe marking the Southwest corner of said Rodeck property;
thence S 89o24'52'' E, along the South line of said Rodeck property and its Easterly prolongation, 190.03
feet.
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