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HomeMy WebLinkAbout899837BOOK_ WARRANTY DEED LELAND V. STALEY and DENISE M. STALEY, husband and wife, Grantors, of the County of Sweetwater, State of Wyoming, for and in consideration ofTen and No/100 ($10.00) Dollars in hand paid, and other good and valuable consideration, the receipt whereof is hereby acknowlsdged, hereby CONVEY AND WARRANT to LELAND V. STALEY and DENISE M.' STALEY, Trustees of the LELAND V. STALEY LIVING TRUST, dated May 24, 2004, and any amendments thereto, as to an undivided one-half(I/2) interest, and to DENISE M. STALEY and LELAND V. STALEY, Trustees of the DENISE M. STALEY LIVING TRUST, dated May 24, 2004, and any amendments thereto, as to an undivided one-half(1/2) interest, as tenants in cormnon, Grantees, of 225 Aspen Way, Rock Springs, Sweetwater County, Wyoming, the following described real property, situate in the COunty of Lincoln, State of Wyoming, hereby releasing and waiving all hghts under and by virtue of the homestead exemption laws of the State of Wyoming, to-wit: Lot Numbered Sixty-Nine (69), Plat Numbered Fifteen (15), Star Valley Ranch, Lincoln Comltty, Wyoming, as said lot is laid down and described on the duly recorded plat thereof, together with all appurtenances situate thereon and appertaining the~:eto, subject however, to all exceptions and reservations of record. FULL POWER AND AUTHORITY is hereby granted to said Trustee(s) and said Trustee's successor(s) to protect and conserve said property; to sell, contract to sell and grant options to purchase said pr,~perty and any right, title or interest therein on any tenns; to exchange said property or m y part thereof for any other real or personal property; to convey to any grantee, with or without consideration; to mortgage, pledge or otherwise encumber said property or any part thet'eof; to lease, contract to lease, grant options to lease and renew, extend, amend and otherwise modify leases on said property or any part thereof from time to time, for any period of time, for any rental and upon any other terms and conditions; and to release, convey or assign any other right, title or interest whatsoever in, to or about said property or any part thereof The written acceptance by a Successor Trustee, filed or recorded in the public records of the county where the real property described herein is located, together with evidence of the predecessor Trustee's death, disability or resignation, shall be deemed conclusive proof that the Successor Trustee provisions of the Trust herein described have been complied with. Evidence of the predecessor Trustee's death shall consist of a certified copy of his/her death certificate. Evidence of a Trustee's disability shall consist of two licensed physicians' affidavits establishing that he/she is incapable of perforn-fing his/her duties as Trustee under the Trust herein described. Evidence ofa Trustee's resignation shall consist of a written resignation, duly executed and acknowledged by the Trustee. The Successor Trustee(s) shall have the same powers granted to the Trustee(s) herein named, as set forth herein. In no case shall any party dealing with .said Trustee(s) in relation to said property in any manner whatsoever, or 'without limiting the foregoing) to whom said property or any part thereof or any interest therein shall be conveyed, contracted to be sold, leased or mortgaged by said Trustee(s), be obliged: (a) to see to the application of any purchase money, rent or money borrowed or otherwise advanced on said property: or (b) to see that the terms of this Trust have been complied with;.or (c) to inquire into the authority, necessity or expedience of any act of said Trustee(s); or (d) be privileged to inquire into any of the terms of said Trust Agreement. Every deed, mortgage, lease or other instrument executed bY said Trustee(s) in relation to said property shall be conclusive evidence in favor of every person claiming any right, title or interest thereunder: (a) that at the time of the delivery thereof, this Trust was in full force and effect; (b) that such instrument was executed in accordance with the trusts, terms and conditions hereof and of said Trust Agreement and is binding upon all beneficiaries thereunder; (c) that said Trustee(s) was/were duly authorized and empowered to execute and deliver every such instrument; and (d) if a conveyance has been made to a successor or successors in trust, that such successor or successors have been properly appointed and are .fUlly vested with all the title, estate, rights, powers, duties and obligations of its, his, her o:: their predecessor in trust. The Trustee(s) shall 1-. ave no individual liability or obligation whatsoever arising fi'om his/her ownership, as Trustee(s), of the legal title to said property, or with respect to any act done or contract entered ir. to or indebtedness incun'ed by him/her in dealing with said property, or in otherwise acting as such Trustee(s), except only so far as said trust property and any trust funds in the aCtual possession of the Trustee(s) shall be applicable to the payment and discharge there:of,'and all persons shall be charged with notice of this condition from the date of the filing for record of this deed. The interest of every beneficiary hereunder and under said Trust agreement and of all persons claiming under any of them shall be only in the earnings, avails and proceeds arising from the rental, sale or other disposition of said property. Such interest is hereby declared to be personal prol:.,erty, and no beneficiary hereunder shall have any right, title or interest, legal or equitable, in or to said property, as such, but only an interest in the earnings, avails and proceeds thereof as aforesaid. WHEREVER used herein the terms "Grantor", "Grantee" and "Trustee" shall include all the parties to this instrument, and the heirs, legal representatives and assigns of individuals and the successors and assigns of corporations, and are used for singular or plural, or either gender, as context requires. WITNESS their hands this 24th day of May, 2004. Leland V. Staley Denise M. Staley The State of Wyoming ° SiS. County of Sweetwater The foregoing instrmn~nt was acknowledged before me this 24th da~2004, by Leland V. Staley and Denise M. Staley, husband and wife. Witness my hand and official seal. My commission expireS: ~ Nota~ pUbli~