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WHEN RECORDED RETURN TO:
Name:
Address:
Thomas A. Barr & Monica J. Ba~, Trustees o1' thc Thomas A. Ban' and Monic& j'. B'a~
Trust, dated August 19, 2002
P.O. Box 3188
Alp~e, WY 83128
MORTGAGE
At'on R. Kendall, a single man, Mortgagor of Alpine, Count)' of I.incoln, State of Wyoming, hereby mortgage
to Thomas A. Barr and Monica J. Ban-, Trustees, or their successors in trust, under the Thomas
A. Barr and Monica J. Barr Living Trust, dated August 19. 2002, and any amendments thereto,
Mortgagee of P.O. Box 3188, Alpine, WY 83128 for the sum ofOm.'l hmdrcd Fifty Five Thousand dollars and Zero
cents ($155,000.00) the following described tract of land' in Lincoln (?otmty, State of Wyoming, hereby releasing and
waiving all rights under and by virtue of the homestead exemption laws of the State, to wit:
Lots 55 and 56, Palis Park Subdivision, according to the official plat thereof, being a part of the
N1/2SE1/4 and SW1/4NE1/4 of Section 29, T37N, R118 \V, 6th PM, Lincoln County, Wyoming.
This mortgage is given to secure the following indebtedness: one note or even date herewith for $155,000.00 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 propcny, m~d consent is hereby given after default, for the
appointment of a receiver by any competent court and the receiver is hercb~ 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, il' atw 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 colhttcral with the above note; also any tax that may be
assessed by reason of this mortgage or the debt secured thereby, and reas~m~d~lc attorney's fees in case of foreclosure, or the
commencement of any legal proceedings for foreclosure oft.he same, and said ulhmmy'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 p)able 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 tlc fi] ult, 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 us ~ucccssor.
Signed in the presence of
WITleSS the h~d ofsaid Mortgagor, this t~'Tq/- day of__~!/!'~,t- ,
_ .....
A~'~r~,-Kendall -- o- - -
STATE OF Wyoming )
) SS.
COUNTY OF Lincoln )
On this__l~N day of O~ , '~_, personally appeared before me, Aron R. Kendall who
acknowledged to me that he/she/they executed the same.
Witness my hand and official seal.
My commission-'expires ' ~ I C,.:',unty o! t~ State o! ~
Land Title Company File Number: 31020(04)
Mortgage - Buyer Ind
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