Loading...
HomeMy WebLinkAbout900643MORTGFiGE' DEED ~ ..... .'. Thh In*L~um~nl l'Ll~d Io~ Il*cord on ~i~Vdcr~ o! ................ : ....... lB ...... ol o'clock ...... lei. ~i;~;~:..'~ :J~ .oo~ ....................... , .............. Pu¥,~ ........ ~ ................. ........... . ............................................... PA~RIOI~ ANN I~Et~'~JNS ............................................................. Lil~eolm mortgagorf ....... of .............. : .................................. County State ~' Wvomt~ ............................... , Io secure the payment at ~e Hund~ ~*l~y ~ousarid Dollara ( S 120,~ ) Dollars due J~* ~, ...... .~O_l~ .... interes~ thereon the of-.~ ...... percent per year (said sum. and the iateres~ thereon, being referred to as the rate "indebtedness") payable with Intezea',}~a~bl* onl~ at the rage of..$_..5~,~..p.~r~_Olt~k .................... ~w ra~¢.~ ~'h~ll ................................................................ b~ no 1,~ ~h~n ~ ~r ~n~.~u~._.~gy._h~__n~jun_~_d_u~_~_a~_~.h in aceordnnee with the prey!stoas of that certain promi.ssory note, dated ..... JuB~ ~, .................................................. hereby and warrant to mortgagee ........ ~'~_~.~80~__[~.~D~_~.__~.~ .... U~.o...~;~:{mr~ O~ DU ~0 ~ ~ ~-~' .................................. ................................................................................................................. og ........ ~._~1l~1 ................................... County, State of ....... ~a~a~ ........................................................................ the feller.dug de- scribed real estate~ situated in the County oL..~ll~O~ in the State of W-"yoming ......................................... to-wit: ~h~ ~d Clt~ ~o.~1~ :Lt~ fum~, glxt~ & ~qulpm~=t lo~t,d ~ 129 4th Stroe~ in ~arge, Wyoming together with the paroel of l~d her, in d~aa:rtb~d 5m the att~ent "Seh,dula Mortgagors agree to pay the indeb~.edness according to the terms of said promissory note, and, during the life of ibis mortgage, to pay all taxes ami a~s'essments on the premises and tu keep H~e improvements thereon insured against fire and other hazarda in a sum not less than ....... $ 165,~.~ {?' ....................... ) by uuch insurance as mortgagee may [*rove, with me proceeds thereof n~ade'.~a-~i~ ................................ ~zeet) the premises insured mortga.e~ n,ay pay the same and may ins'ute the preu-nses, and all sums paid by mortgagee for such purposes ~hall be ' . to mortgagee. If mortgagors /ail to pay such taxes or assessments ar fail to added to and co.meted as a part of the indebtedness and shall draw interest at the same rate. If default occurs in the payrnentol tile indebtedness or in the payment of any inslalhnent thereof, or if defaul, occurs in ney of the eovenanls and agreement~; hereof, then the whole indebledness shall, at mortgagee's option, become due and payable for~.bwith, and mortgagee may fo~-eelose this mortgage e*ther by advertisemen~ Ulld sale of the pram scs as pro- vided by siatute, or b7 an actmn in equity. Out of the proceeds of any ft~reclosure sale, mortgagee shall re.in or receive all sums due t.o it hereunder, and costs of foreclosure and sale, including attorney fees iu an amount equal tn ten percent of the lndeb'tedness remaining unpaid at the time of such sale, the sa,ne Io be taxed as costs in any eqtHtable action brnught to foreclose thio mortgage. To h~lly ass'are mortgagee the benefit of the security interest in the prena~ses granted to il hereunder, mortgagor~ beruhy assigrt to mortgagee all rents hereMter payable for the use and occupancy of tile premises by any per'son Di [los- session thereof with mbrtgagors' consent. ~f default occurs in any of the covenants and agreements herein eontaine& wtmlher or rmt mortgagee elects to foreclose this mortgage ors account trmreoL mortgagee shall at once he entitled ~lld is bereb7 atitl'toriz~'~d, to collect the rents from the premmes and to apply the same Io the payment of the indebtedness cured hereby' until such default is rernadi~d. In lhe eve~','t of foreclosure of this mortgage upon default, mortgagee sh;~}l be entitled to the possession a~d enjoyment of' the premises arid tile incident ren~s, isstles, and profi~ thereof from tile tm~e of such default and for and during the pendency of foreclosure proceedings and the period of re~emplion, if any. If mortgagors should fail to surrender such pos- sessi?l to .n'~rtgagee.promptly upon iLq r~clUeSt therefor, mortgagee may corn el deliver ti - .' .. .. or oiner e!Vll prnceeolng aunronriate to that ........ ;~ ~q.-,t ....... ~ .... [ mteof .~y an tde~tmeni action lQ" m this mortgage and by law, and ns a mailer of ri-l~t ~ itho-t ............ n~dms otherwise provided value nf the premises, or the sufficiency thereof to discharge the indebtedness a~d cogis of foreclosure and sale, mortgagee shall be entitled to a receiver for the premises and the rents, issues and profits thereof from the time of default to the ex- pn'y o~ any redemptive period provided by, law. Such receiver may be appointed by. any court of competent jurisdiction upon ex pul're application, w thout notice, notice being hereby waived and the appointment of a receiver upon such appli- cation be.ms hereby consented to by rnorttagors: H~reby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State al Wyo-. ming. WITNESS ....................... band ............... this ......................... da y[o"~... '*: . ..............~ ...................... ~ ....... 2004- Pa t~':i~:ia Ann Mer2em~ The foregoing instrument ,,,,'as acknowledged before me by_. _/57__/~._~ .......... t_.~. ...... /~__e_ __/0__.5 ..................... 458 Policy No. i2-397i-'0 SCHEDULE C Thelandre~rredtointhispolicyiss:.matedinthe State of Wyoming, CounW of Lincoln, andisdescribed ~llows: A parce/ of land in Section 6, T26N Rll2W of the 6th P.M., Lincoln County Wyoming and [.:eing part of Lincoln County Lot 19 as shown on the Lincoln County mete~: S_nd Bounds Plat No. 2, and being the westerly 213 feet of the Wilbur ~. Barry and Gloria B. Barry parcel as recorded in Book 92PR on page 57 (said parcel recorded in Book 92PR on page 57 encompass Lots 1 through 5 and 28 through 32 of Block 5; and Lots 1 through 5 and 28 through 32 of Block 4 of the Second Addition ~o the Town of LaBarge, formerly Tulsa) on file in the Lincoln County Clerks office in Kemmerer, Wyoming and being more particularly described as follows: Beginning at the no!rthwest corner of Lincoln County Lot ]_9, said point also being a point on the centerline of Eas~ Fourth Avenue of the Town of LaBarge, Wyomin~ and a point on the east right of way boundary of U.S. Highway 189, where is found a rail road spike with a center punch mark; thence S 0°13'04'' W, along the east boundary l~ne of U.S. Highway 189, said line also being the westerly boundary line of Lincoln Countt.~ Lot 19, a distance of 184.92 feet to the northwest corner of the Alleman Third Addition to the Town of LaBarge, Wyoming, where is found a 3" diameter aluminum cap on a 2~" aluminum pipe stamped CCI PE&LS 574 NW corner Alleman 3; thence S 89°45'17'' E, along the north boundary line of said Alleman Third Addition, said line also being the south boundary line of the said Wi%bur L. Barry and Gloria B. Barry parcel recorded in Book 92PR on page 57, a disuance of 213.00 feet to a point where ia found a rebar with an aluminum cap stamped CCI PE&LS 574; thence N 0°13'04'' E, a distance of 185.03 feet to a point on the north boundary line of Lincoln County Lot 19 and being a point on the centerline of said East Fourth Avenue, where is found a rebar with an aluminum cap scamped PE&LS 574; thence N 89047'29" W, along said north boundary line of Lincoln County Lot 19 a'nd the centerline of East Fourth Avenue, a distance of 213.00 feet to the point of beginning.