HomeMy WebLinkAbout875505 MORTGAGE ~';: ~ ~',.,'~ ~,~ ~:', R ~ R, '~.¥'¥' {)~.,~ I I'~ S
Mo~gagor, David and Klm Hof~an dba Kim's NAPA Auto Pa~s, of the County of
Lincoln, State of Wyoming, to sec~e the payment of the sum of $60,000.00 due with interest
from the date hereof at the rate of 5% per a~um payable momhly as evidenced by a promisso~
note of even date herewith does, hereby mo~gage to the Mortgagee, To~ of Diamondville,
Lincoln County, State of Wyoming, the following described real prope~y situated in the County
of Lincoln, State of Wyoming, to-wit:
A potion of Lot Fifty (50) in the unplaced potion of the Town of Dimondville,
Lincoln County, Wyoming, described as follows: Sta~ing at Comer No. 4 of Lot
Fi-~y (50); thence South 1420' to a point on the line between Lots Fifty (50) and
Fi~y Two (52); thence East 890' to a point on the West bound~y of Child Parcel;
thence South a distance of 220' to the point of begi~ing; thence South a distance
of 200'; thence East a distance of 283.1'; thence No~h 13 08' West along the West
right-of-way boundary line.of Wyoming State Highway No. U.S. 30 North, a
dist~ce of 205.6'; thence .West a distance of 236.7', to the point of begi~ing.
The Mortgagor agrees to pay the indebtedness hereby secured and to pay all taxes and
assessments on said premises and,to keep the building thereon insured in a sum not less than the
value of the amount remaining unpaid under the said promissory note during the term of this
mortgage in favor of and payable to the Mortgagee and in the event the Mortgagor shall fail to
pay such taxes and assessments .and to keep the premises insured as aforesaid, the Mortgagee
shall insure said buildings and pay said taxes and assessments, and all sums so paid shall be
added to and considered as part of the above indebtedness hereby secured and shall draw interest
at the same rate.
In case default shall be made in the payment of the above sum hereby secured or in the
payment of the interest thereon or any part of such principal or interest when the same shall
become due or in the event default shall be made in any of the covenants and agreements hereof,'
then the whole indebtedness hereby secured with interest thereon shall become due and payable
and the Mortgagee, its legal representatives or assigns may proceed pursuant to law to foreclose
on and sell the said property and out of the proceeds of the sale, shall pay all sums due hereunder
together with all costs of sale and foreclosure including 'attorneys. fees ina sum adjudged
reasonable.
DATED: August 13, 2001.
HO~FMA~idb~
Kim's NAPA Auto Parts
THE STATE OF WYOMING )
)' ss
COUNTY OF LINCOLN )
T~e foregoing instrument was acknowledged before me this ~ day of
[~.O~l" 2001 by DAVID and KIM HOFFMAN. -
WITNESS my hand and official seal.
-~ NOTARY PUBI~IC
My Commission Expires: ~.,~, \~, ~kO0~ [~,;~v,~ ~~
FINANCING STATEMENT
THIS Financing Statement is presented to a filing officer for filing pursuant to the
provisions of Article 9 of the Uniform Commercial Code of Wyoming.
Debtor: David and Kim Hoffman dba
Kim's NAPA Auto Parts
.Diamondville, Wyoming 83116
Secured Party: Town of Diamondville
P.O. Box 281
Diamondville, Wyoming 83116
Maturity Date: Fifteen (15) years from the date hereof.
This financing statement covers the types of property more particularly described in
Exhibit "A" attached hereto and incorporated by reference.
FOR FILING OFFICE
Filing Office:
Date:
Time:
No.:
KiM I-i6FFMAI4 ~lba
Kim's NAPA Auto Parts
TOWNOF DIAMONDVILLE
BY:
.~ MAYOR
ATTEST:
Town Clerk ,J
THE STATE OF WYOMiNG )
) ss.
COUNTY OF LiNCOLN )
The foregoing instrument was acknowledged before me this ~,~.VL day of
_~O0~u~l~' 2001 by DAVID and KlM HOFFMAN.
WITNESS my hand and official seal. ti/[}la- ~~~
NOTXRY PUBLIC ]
My Commission Expires: %~. X~, IOO~ P~~a~o~u~-~
THE STATE OF WYOM~G ) 1 ~ ~o ~
CO~TY OF LINCOLN )
The foregoing instrument was ac~owledged before me this 24TH day of
August 2001 by SUSAN I~ZIE and JEA~E HORSBURG~.
WITNESS my hand and official seal. ~~ ~
NOTA~ PUBLIC
, April 26, 2003
My Commission Expires: ~ ....... ~~ ..... ~ . -~
~ LINC~N ~ . ~0UlNG ~
COMMUNITY DEVELOPMENT BLOCK GRANT
DAVID AND KIM HOFFMAN dba
KIM'S NAPA AUTO PARTS
All inventory of the said business and all inventory hereafter acquired.
EXHIBIT "A"