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HomeMy WebLinkAbout87531701014010 JAMES C~RCH and IONA CHURCH, husband and wife Mo~gagors of Jackson, County ofT~ton, Stat~ of Wyoming, hereby mo~gage to EAB L, LUTZ, a single man '~oo~ ~{~'~(PAGr~ 8 2 1 Mo~gagee of PO Box 1338, Jackson, WY 83001 for the sum of TWENTY THOUSAND ~D NO/100 ............................... the following described tract of land in Lincoln Count, State of Wyoming, hereby releasing and Waiving all rights under and by virtue of the homestead exemption laws of the State, to wit: SEE EXHIBIT "A" ATTACHED HE.TO AND MADE A PART HE.OF This mortgage is given to secure the following indebtedness: One note of even date herewith for $20,000.00 made payable at the times and place and at the rate of interest specified in the note. This mortgage is intended to cover the rents and profits of said property, and consent is hereby given after default, for the appointment of a receiver by any competent court and the receiver is hereby authorized to rent the said property and apply the proceeds on this obligation. The Mortgagors agree to keep the buildings now on said premises or hereafter erected thereon fully insured against loss by fire in some fire insurance company approved by the mortgagee, with loss, if any payable to mortgagee, during the life of this mortgage. The Mortgagors also agree to pay alt taxes and assessments on said premises, including any assessments that may be levied on water rights or shares of stock used in connection herewith, or held as collateral with the above note; also any tax that may be assessed by reasoo of this mortgage or the debt secured thereby, and reasonable attorney's fees in case of foreclosure, 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. In case of default in ~he payment of any sum covenanted to be paid, either the principal or interest 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 to bear interest at the rate of I 0 percent per mmum from the date of such default, and this, mortgage fo'reclo~ed at the option of the legal holder. In the event of default, Mortgagors grant to Mortgagees a Power of Sale to foreclose on and sell said property as public auction pursuant to 34-4-101 et seq. Wyo. Stat., 1977, or its successor, WITNESS the hand of said mortgagor,'this 15T}~ day of August A.D. 2001 fmes Church Iona Church State of Wyoming } County of Teton } On the 15t~ day of August A,D..2001, personally appeared before me, James Church and Iona ' Church. the signers of the within instrument, who duly acknowledged to me that they executed the same. Notary Public Commission expires: 9/12/03 Residing in: LAND TITLE COMPANY ?' ' .... ' FOR DAVID S. ~IeKL~R To-wlt:-- That part of Lot $4RC of Lakeview Estates Incorporated, subdivision o£ rmcord in the Office of the clerk of Lincoln County ~s Plet No. 1~? within the NWWSEW ~ectlon,12R, TRTN, RllS~, L~ncoln County Wyomln~, bein9 part of that tract of racord in said Office in Book of Phmtostatic Records on described as follows~ BEGINlqING at the northwest point of said Lot 643C, N40~-00'- 26"E, 294~51 feet from the "CALL" southwest corner of said NW~SEW, found as described in the Corner Record filed in said Office; thence' S00~-47~-17,'E, 127.58 feet, along an existin9 fence, to a point; thence S08~-51'-17"W, 48.77 feet to the northerly most north- west corner of Lot 14 of the Grand View EnterpriSes IncOrpo~ rated, a subdivision of record in said Office as Plat No. 146; thence SB3~-36'-02"E, 82.43 feet, along the north line of said Lot 14~, to the northeast corner thereof; thence N06"-24'~37"~, 170.72 feet, to a point on the north line of Lot 643C; thence NS0=-52,-37.W, 96.44'feet, alon~ said north line. to the CORNER OF BEGINNING; ENCOMPASSING an area of 0.34 ecsc, more or less; SUBJECT to easements of sight and of r~¢ord; that the BASE BEARIN~ for this survey is the "CALL" west line of the NW~SEW of Section 2~, T3~N RllSW bein9 each "point" marked by a 5/8" x 24~'' steel reinforcin9 rod with a 2" aluminum cap inscribed, "SURVEYOR SCHERBEL LTD BIG PINEY WY PLS 5368", with appropriate details; each "corner" marked by a 5/8" x 24' steel relnforcin~ rod with an aluminum cap inscribed, "L9526", with appropriate details; all ~in accordance with the attached plat prepared ~o be filed in the Office of the Clerk of Lincoln County titled "PLAT TO AC.COMPANY DESCRIPTIONFOR DAVID S. SICKLER OF A PART OF LOT 643C OF LAKEVIEW ESTATES INCORPORATED WITHIN THE TOWN OF ALPINE IN THE NW~SE~ SECTION 29 T37N RllSW .LINCOLN COUNTY WYOMING", $I{EET 1 OF 2 and SHEET 2 OF ~, dated ~ January 199~. 24 January 1995 sicklera.des