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HomeMy WebLinkAbout901915 RECEIVED f ,", MORTGAGE ,_INCuLN COUNTY CLERK KNOW ALL MEN BY THESE PRESENTS, 'that Stacey ,~i Irleingr,,pS¢---T¢mmy C. Heiner, Trustees of the Stacey G. and Tammy C. Heiner Family :Tru~t_;;d¢~c,d March::15, 2004, herein referred to as mortgagors, of 1255 LCR No. 120, Thayne, WY 83127, to secure the payment of the principal sum of One Hundred Thirty-one Thousand Two Hundred Twenty Dollars ($131,220.00) with interest as evidenced by a Promissory Note dated of even date herewith to the order of Maxine Heiner, Trustee of the Glenn W. Heiner Family Revocable Trust dated January 15, 1992, ("mortgagee") of 1277 Lost Creek Road, Thayne, WY 83127, principal and interest to be payable as follows: With interest on the unpaid principal balance from June 15, 2004, until paid, at the rate of four percent (4%) per annum. Principal and interest shall be payable in consecutive equal monthly installments of $1,500.00 on the 15th day of each month, beginning July 15, 2004, and continuing on the 15th day of each month thereafter until the entire remaining balance, including principal and any accrued unpaid interest has been paid in full.. hereby mortgage to mortgagee, the following described real estate, situated in the County of Lincoln, State of Wyoming: A portion of the Maxine Heiner property, as referred to in the Affidavit recorded in Book 463PR, on Page 762, with the Office of the Clerk of Lincoln County, Wyoming, within the S1/2SW1/4 of Section 8, T34N, R118W, of the 6th P.M., Lincoln County, Wyoming, the metes and bounds being more particularly described as follows: BEGINNING at the Northeast corner of the Stacey and Tammy Heiner property, as referred to in the Deed recorded in Book 441 PR, on Page 397, with said Office, said Point of Beginning being 208.71 feet NI°00'00"E, along the East line of the SW1/4SW1/4 of said Section 8, from the B.L.M. type Monument marking the Baker Engineers PE/LS 698, 1989 location for the Northeast Corner of the NW1/4NW1/4 of Section17 of said T34N, R118W; thence N89°39'34"W, along the North line of said property, parallel with the North line of said NW1/4NW1/4, 626.16 feet to the Iron Pipe marking the Nodheast corner of the Daniel and Catherine Heiner properly, as referred to in the Deed recorded in Book 543PR, on Page 514, with said Office; thence NI°00'00"E, parallel with said East line of said SW1/4SW1/4, 208.71 feet to an Aluminum Cap on Iron Pipe; thence N89°39'34"W, parallel with said North line, 247.06 feet to an Aluminum Cap on Iron Pipe; thence N0°41'14"E, parallel with the West line of said S1/2SW1/4, 909.38 feet to an Aluminum Cap on Iron Pipe marking a point in the North line of said S1/2SW1/4; thence S89°38'48"E, along said North line, 1,385.03 feet to an Aluminum Cap on Iron Pipe; thence S1°18'46"W parallel with the East line of said S1/2SW1/4, 909.18 feet to an Aluminum Cap on Iron Pipe; thence N89°39'34"W, parallel with said North line of said NW1/4NW1/4, 293.16 feet to an Aluminum Cap on Iron Pipe; thence SI°00'00"W, parallel with said East line of said SW1/4SW1/4, 208.71 feet to the Iron Pipe marking the Northeast corner of the Stacey and Tammy Heiner property, as referred to in the Deed recorded in Book 348PR, on Page 616, with said Office; thence N89°39'34"W, along the North line of last said property, parallel with said North line, 208.72 feet to the. Point of Beginning, containing 32.805 Acres of land. TOGETHER WITH and SUBJECT TO: The Easement, as referred to in the Easement for Ingress and Egress and Utilities, recorded in Book 552PR, on Page 826, with said Office. TOGETHER WITH and SUBJECT TO: All Covenants, Easement, Restrictions, Reservations, Rights-of-Way and Improvements of sight and or record. Including any and all improvements thereon, together with the tenements hereditaments, and appurtenances thereto belonging, and the rents, issues and profits thereof. Mortgagors must give mortgagee thirty (30) days written notice prior to any conveyance or encumbrance of any interest in said property. If all or any part of said property or an interest therein is conveyed or encumbered by mortgagor without mortgagee's prior written consent, the mortgagee may, at mortgagee's option, declare all the sums secured by this mortgage to be immediately due and payable. 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 therewith, 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 amount due on this mortgage, and made a lien on the premises described herein. In case of default in the 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 as provided in the instrument evidencing the debt secured by this mortgage, and this mortgage foreclosed at the option of the legal holder. In the event of default, mortgagors grant to mortgagee a Power of Sale to foreclose on and sell said property at public auction pursuant to W.S. 34-4~101 et seq. IN WITNESS WHEREOF, mortgagors have executed this Mortgage as of the 15th day of July, 2004. STATE OF WYOMING Tammy C.(~einer, Trustee SS. COUNTY OF LINCOLN On this c~ day of ~ ~.~1..~ , 2004, before me personally appeared Stacey G. Heine r and Tammy C. Hein'er, to me~e~so~l)y known, who, being by me duly sworn and upon their oath, did say that they are the Trustees of the Stacey G. and Tammy C. Heiner Family Trust dated March 15, 2004, described in and which executed the foregoing instrument; that said instrument was signed and sealed on behalf of said trust; that said trustees had the authority under the terms of the written trust instrument to execute the instrument on behalf of the trust; and said trustees acknowledged said instrument to be the free act and deed of said trust. Given under my hand and notarial seal the day and year first above written in this certificate My commission expires: ,. .... NOTARY"P'OI~L lC - -' 3