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HomeMy WebLinkAbout896613]l~)K_5~: 6 PR PAGE MORTGAGE 896613 RECEIVED LINOOLH O0!JNTY CLERK Henry's Mountain Land Trust dated November 1, 199~.; [Jy";Jack O.' 60rsi and Jack E. Corsi, its Trustees, of Etna, Lincoln County, Wyoming ("mortgagor"), hereby mortgages to Jack O. Corsi and Lydia I. Oorsi, husband and wife, as joint tenants with right of survivorship, of PO Box 3673, Alpine WY 83128 ("mortgagee"), for the sum of Sixteen Thousand and No/100 Dollars ($16,000.00), 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 the State, to-wit: Beginning at the NVV Corner of the SWl/4 of Section 13, T35N, R119W of the 6th P.M., Lincoln County, Wyoming, and running thence S89o36'41"E 661.11 feet, more or less, to the NW Corner of Lot 3 of the Henry's Mountain Estates Subdivision; thence S00o19'44"E 660.89 feet, more or less; to the SW Corner of said Lot 3; thence N89°31'21"W 660.99 feet; thence N00°19'04"W 659.86 feet, more or less, to the point of beginning. · SUBJECT TO all covenants, easements, exceptions, reservations and rights of way of sight or record. restrictions, This mortgage is given to secure the following indebtedness: One promissory note of even_date in the amount of $16,000.00, payable without interest on or before the date of closing of the sale of the above-described real property. Including any and all improVements thereon, together with the tenements, hereditaments, and appurtenances thereto belonging, and the rents, issues and profits thereof. Mortgagor shall pay all taxes and assessments on said premises, including any assessments that may be levied on water rights or shares of stock used in connection therewith, or held as collateral with the above note; also any tax that may be assessed by reason of this mortgage or the debt secured thereby, and reasonable attorney's fees in case of foreclosur.e;..or the commencement of any legal proceedings for foreclosure of the same, and said attorney's fees shall be added to the amount due on this mortgage, and made a lien on the premises described herein. 1 067 In case of default inthe payment of any sum covenanted to be paid when the same Shall become dUe and payable, or in case of default in the performance of any covenant herein contained, the whole amount of this indebtedness secured herein may be immediately declared due and payable, and this mortgage foreclosed at the option of the legal holder. In the event of default, mortgagor grants to mortgagee a Power of Sale to foreclose on and sell said property at public auction pursuant to §34-4-101 et seq., Wyo. Stat., 1977, or its successor. IN WITNESS WHEREOF, mortgagor has executed this Mortgage as of the 22nd day of January, 2002. Henry's Mountain Land Trust, by ~'¢-~ac~O. ~S~tee ~"- Jack E. Corsi, Trustee STATE OF WYOMING COUNTY OF LINCOLN SS. :rhe foregoing Mortgage was acknowledged before me by Jack O. Corsi and Jack E./ Corsi, TrUstees of the Henry's Mountain Land Trust dated November 1, 1994, this -.~'/~ dayof "~-~e~s~m y ,2002. Wit and and official seal My commission expires: N~;f~ POBLIC