HomeMy WebLinkAbout90051130720 ( ~ ~ ~'r-k:<,::
MORTGAGE
EXTILEME
CONSTRUCTION,
Wyoining Corporation
Mortgagor of Jackson,
;-:(E (; E I",? E [)
t_lf'ICOI fq ?,..'-,., :,..,, 'tv CLE['~I(
Cor uty of Teton,
State of ~Vyomlllg, hereby mortgage to
FREEDOM, LLC., A Wyoming Limited Liability Company
Mortgagee of P.O. Box 7479, Ja :!:son, WY 83002
for the suni of TWENTY-FOUR THOUSAND FIVE ItUNDRED AND NO/100 ...............
the following described tract of iand in Lincoln, State of Wyoming, hereby releasing and wai ring all
rights under and by virtue of the liolnestead exemption laws of the State, to wit:
Lot 202 of River Ranches Fishing and Equestrian Estates at Freedom, Wyoming, Second Filing, Lincoln
County, Wyoming according to ti, at plat filed March 10, 1999 as Plat No. 383 & 383-A.
This mortgage is given to secure the following indebtedness: one note of even date herewith for
$24,500.00 made payable at the dines and place and at the rate specified in the note
This mortgage is intended to cover tim re :ts and profits of said property, anti consent is hereby given after &fa. It. fo,' the appoinmmnt of
a recetver by any competent court and lhe ret~eiver is hereby authorized to rent the said property and apply the proceeds on this obligauou
The Morlgagors agree to keep the buildil'gs now on said premises or hcreafiel' o'ccted thereon Ihlly insured againsl loss b) fire in some
fire insurance company approved by the mortgagee, with loss, if any payable to murtgagee, during the litk of this mortgage,
The Mortgagors also agree Io pay all taxes and assessments on said premises, including any assessments that may be levied on water
rights or shares of stock used in coonectim: berewith, or bekl as collateral with lhe above uote; also any tax that may be assessed by reason
of this mortgage or tbe debt secured thereb,,, and reasonable attorney's fees in case of foreclosure, o,- thc commencement of any legal
proceedings for foreclosure of the same. and said attorney's fees shall be added to the an~ount due on this mortgage, and made a ie.t ou the
premises described herein. In case ol'delhu:t in the payment of any sum covenanted to be paid. either the principal or imcrest when thc
same shall become due and payable, or in case of ddhult in the performance of any covenant hereto contained, the whole amoum of this
indebtedness secured herein may be immec, ivtely declared due and payable, aud to bear inlerest itt the rate of 8 percenl per anuum flora
thc date of such delhult, and this. mortgage fbrecloscd at the option of the legal holder In Ihe evcqt ofdefituh, Nlor!gagors grant lo
Mortgagees a Power of' Sale to lbrcclose or m'~d sell said property as public aocti.n pm'saa,~t to 34 4-101 et seq Wyo. Stat., 1977. or ils
successor.
WITNESS the hand of said mor!'gagor, this 25th day of June, A.D. 2003
Signed in the presence of
State of Wyoming }
County of Teton }
On the 25 day of June, 'X/.D.2003, personally appeared before lne, James K. Norton
who, being made by me duly swo:n, did say that he is the President of Extreme Construction, Inc., a
Wyoming Corporation, and that said instrument was signed and sealed on behalf of said corporation by
attthority of its Board of Directo:S and said James K. Norton acknowledged said instrument to be the free
act and deed of said corporation, z/(~~. . . . ~. ,/~7.~9~o~/.
Commission expires: 9-15-07
Residing in: Lincoln County
LAND TITLE CO
Gb