HomeMy WebLinkAbout875465 350 ....
$7500.00 ~ OOK ~ PR PAG~ORTGAGE
................. ~--ZUUI
~obe~ ~uj~n ~nd ~obyn ~ou~]ey (he~e~e~
Seven ~hou~and ~ive ~und~ed Dol]~ {~?,500.00) ~th in~e~e~t thereon, ~ psovided in ~nd
evidenced by a pro~sso~ note of even date herewith (the ultimate maturity date of which is the
25t~ day of August, 2006) and all renewals, modifications and extensions thereofi does hereby
mortgage unto Brem and Linda Hampton, (herea~er MORTGAGEE) the following described real
prope~y, situated in the Coumy of Lincoln, State of Wyoming, hereby releasing and waiving all
rights under and by vi~ue of the homestead exemption laws of the State of Wyoming, to-wit:
Lot 69, Plat 10 Star Valley Ranch, a recorded, platted subdivision of Lincoln County,
Wyo~ng.
MORTGAGOR agrees to pay the indebtedness hereby secured; to pay all taxes,
assessments and charges levied ag~nst the Property, as the same become due ~d payable. In the
event MORTGAGOR fails to pay such taxes, and assessments, MORTGAGEE may pay such
taxes and assessments and all sums so paid shall be added to ~d considered a pan of the
indebtedness hereby secured and shall draw interest at the same rate.
In ease default shall be made in the payment of the above sums hereby secured, or in the
payment of the interest thereon, or any pan of such principal or interest, when the same shall
become due; or in case default shall be made in any of the covenants and agreements thereof,
which default is not cured within thi~y (30) days a~er notice thereof is given by MORTGAGEE,
or in the event MORTGA~R sdls or conveys the Property, or any pan thereof, or any interest
therein, shall become due and payable, at the option of MORTGAGEE, and MORTGAGe's
legal representatives and assigns, may proceed by advertisement and sale and/or as othe~ise
authorized by gove~ng law, to foreclose on and sell the Property, and out of the prOceeds of
such sale, MORTGAGEE shall pay all sums due hereunder, together with all costs of sale,
including reasonable atto~ey's fees. If the proceeds of the foreclosure sale are insu~eient to pay
the indebtedness hereby secured and foreclosure costs, MORTGAGEE shill be entitled to a
deficiency judgment.
In the event of any default whereby the right of foreclosure occurs hereunder,
MORTGAGEE shall at once become entitled to exclusive possession, use and enjoyment of the
Property, and to ~1 rents, issues and profits 5om the accruing of ~y such rights and during the
pendency of the foreclosure proceedings, and the period of redemption, if any there be.
MORTGA~R w~ants title to the Property as to panics el~ming, by, t~ough or under
MORTGAGOR o~y.
~ WI~SS my hand this [~'~h Day of ~V~s'~ 2001
STATE OF WYOMING )
) ss
COUNTY OF LINCOLN )
The foregoing instrument was acknowledged before me by Robert Lujan and Robyn
Mousley this I '.7 day of /¥..~-~..~ 2001
T-.,,~"' -.W.J.~ ~ lliln~ and official seal
~;~~ JASON W. WARR
'1~1~ ~ 4SOEa,,9OOSou,, i
"~'~.,~ -~-'-,'J'uly 27 2002 ~ ...................
My commission expires:---'2-~_~_.~r_./.~>_.~.. ......