HomeMy WebLinkAbout907347,.. 0799
50113 (01)
WHEN RECORDED RETURN TO:
Name: James Kit Hatfield
Address: 1973 Broadway
Grand Junction, CO 81503
RECEIVED 3/30/2005 at 10:28 AM
RECEIVING # 907347
BOOK: 581 PAGE: 799
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
MORTGAGE
Roland A. Cole and Michelle Y. Cole, husband and wife
Mortgagor of Afton, County of Lincoln, State of Wyoming, hereby mortgage to
James Kit Hatfield and Diane L. Hatfield, husband and wife, Mortgagee of 1973 Broadway, Grand Junction,
CO 81503
for the sum of Thirty Six Thousand dollars and Zero cents ($36,000.00) the following described tract of land in
Lincoln County, State of Wyoming, hereby releasing and waiving all rights under and by virtue of the homestead
exemption laws of the State, to wit:
Lot 56, Bridger Forest Ranch Subdivision, Amended, according to the official plat thereof on file
in the Office of the County Clerk, Lincoln County, Wyoming.
This mortgage is given to secure the following indebtedness: one note of even date herewith for $36,000.00 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 property, and consent is hereby given after default, for the
appointmenf of a receiver by any competent court and the receiver is hereby 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, if any 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 collateral with the above note; als0 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 at the rate of 10 percent per annum from the date of such default, 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 its successor.
Signed in the presence of
WiT~-B~. the hand of said Mortgagor, this ,~-S day oflv~r, clI, 2005.
Roland A. Cole Michelle YZ. Cole
STATE OF Wyoming )
) SS.
COUNTY OF Teton /-; ~ c~ [-*,._ )
On this
who acknowledged to me that they executed the same.
~tness my hand ,~of~lcial seal.
N~a~-Public ~,~ [J
My commission expires: 3/~, q/t~ ~
day of March, 2005, personally appeared before me, Ronald A. Cole and Michelle Y. Cole
Land Title Company File Number: 50113
Mortgage - Buyer Ind
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