HomeMy WebLinkAbout90155030877(02)
WHEN RECORDED RETURN TO:
Name: Wardell and Zola Jenkins
Address: PO Box 3016
Alpine, WY 83128
901550
RECEIVED
LINCOLN COUNTY CLERK
J EA N I'~,~ E -,' ,', ~
5G3 ,RP c;t: 528
MORTGAGE
FRANK PAUL BARON, a single man, Mortgagor of Alpine, County of Lincoln, State of Wyoming, hereby
mortgage to WARDELL JENKINS and ZOLA JENKINS, husband and wife, Mortgagees of P.O. Box 3016,
Alpine, WY 83128 for the sum of Fifteen Thousand dollars and Zero cents ($15,000.00) 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:
Lot 7, Blue Lake Estates Subdivision, Lincoln County, Wyoming, according to that plat of record in the Office of the
Lincoln County Clerk.
This mortgage is given to secure thc following indebtedness: one note of even date herewith for $15,000.00 made
payable at the times and place and at the rate 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 all 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 reason 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 amoum due on
this mortgage, and made a lien on the premises described herein. In ease of default in the payment of any sum covenanted to be.
paid, either the principal or interest when the same shall become duc 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 10 percent per annum from the date of such default, and this, mortgage foreclosed 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.
Signed in the presence of
004.
Frank Paul Baron
STATE OF WYOMING )
) ss.
COUNTY OF LINCOLN )
On this 29th day of July, 2004, personally appeared before me, Frank Paul Baron who acknowledged to me that he
executed the same.
Wimess my hand and official seal.
Notary Public: Gloria K. Byers /
My commission expires 9-15-07
Land Title Company File Number: 30877
Mortgage - Buyer lnd
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