HomeMy WebLinkAbout904552 LtNOOL~! ¢?~ .II, ITy 0LERK
9 O ~,. 5 5 2 MORTG~.E,,.¢-:,. :,:, ?'I If: O0
ZACH CLATTERBAUGH AND NATOSHA CLA~T~ERBAUGH ~,,H~,¢~A/'~'D AND WIFE, OF 725
3RD WEST AVENUE, KEMMERER, WY 83101, (h¢[~,i'n'c~)llectiV~i%',~fi~d "MORIGAGOR"), to
secure the payment of FORTY THOUSAND DOLLARS (S40,000 i'0'~"',~ with interest thereon,
as provided in and evidenced by a promissory note of even date herewith (the ultimate
maturity date of which is the 5th day of December, 201 9) and all renewals, modification and
extensions thereof, do hereby mortgage untOMYTT ANDERSON of 75 RIVER OAKS LANE,
BASALT, CO 81621 (herein called "MORIGAGEE"), the following described real property,
situate in the County of Lincoln, State of Wyoming, hereby releasing and waving all rights
under and by virtue of the homestead exemption laws of the State of Wyoming, to-wit:
The South 90 feet of Lot 12 of Block 42 of the First Addition to the
Town of Kemmerer, Lincoln County, Wyoming as described on the
official plat thereof.
Address: 601 Topaz, Kemmerer, Wyoming
MORTGAGOR agrees to pay the indebtedness hereby secured; to pay all taxes,
assessments and charges levied against the P~operty, as the same become due and payable;
to secure, maintain and furnish MORTGAGEE evidence thereof, insurance with an 'nsurance
carrier or carriers acceptable to MORTGAGEE, covering the insurance improvements on the
Property against loss by fire and earthquakes, with extended coverage, in an amount not less
than the unpaid balance of the debt hereby secured, or the insurable value (replacement cost)
of such improvements whichever is less, which insurance shall contain an appropriate loss
payable provision protecting MORTGAGOR and MORTGAGEE as their respective interests may
appear from time to time. In the event MORTGAGOR fails ~o pay such taxes or assessments,
or fails to keep and maintain such insurance as herein provided, MORTGAGEE may pay such
taxes and assessments and may secure and pay for such insurance, and all sums so paid shall
be added to and considered a part of the indebtedness hereby secured and shall draw interest
at the same rate.
In case default shall be made in the payment of the above sums hereby secured, or in
the payment of the interest thereon, or any part of sucl~ principal or interest, when the same
shall become due; or in case of default shall be made in any of the covenants and agreements
thereof, or in the event MORTGAGOR sells or conveys tile Property, or any part thereof, or
any interest therein, without the prior written consent of the MORTGAGEE first had and
obtained, then the whole indebtedness hereby secured, with interest thereon, shall become
due and payable, at the option of MORTGAGEE, and MORTGAGEE'S legal representatives and
assigns, may proceed by advertisement and sale/or as otherwise authorized by governing law,
to foreclose on and sell the Property, and out of the proceeds of such sa
pay all sums due hereunder, together with all costs of sale g
fees. If the proceeds of the foreclosure sale are insuffic em to pay ti
secured and foreclosure costs, MORTGAGEE shall be entitled to
In the event of any default whereby the right of fore
MORTGAGEE shall at once become entitled to exclusive ¢
Property, and to all rents, issues and profits from the accruing ~
the pendency of the foreclosure proceedings, and the period o~
~, MORTGAGEE shall
~asonable attorney's
indebtedness hereby
ciency judgment.
occurs hereunder,
and enjoyment of the
ich rights a~
there be.
Witness our hands this 0;5 day of November, 2004
Zach Clatterbaugh
Natosha h
0904552
'-046i
State of Wyoming
County of Lincoln
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The foregoing instr¥1~t~ was acknowledged before me by Zach Clatterbaugh and Natosha
Clatterbaugh. this '5 #-- day of November, 2004.
Witness my
and and official seal.
4~IELLEY~ · NOTARYPUSLI~
My Commission Expires:
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