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00787
WHEN RECORDED RETURN TO:
Name: Philip J. Frankovic
Address: P.O. Box 11037
Jackson, WY 83002
RECEIVED 5/6/2005 at 1:16 PM
RECEIVING # 908201
BOOK: 584 PAGE: 787
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
MORTGAGE
Roy Siebeck, a single man, Mortgagor of Jackson, County of Teton, State of Wyoming, hereby mortgage
to Philip J. Frankovic, Mortgagee of P.O. Box 11037, Jackson, WY 83002 for the sum of Twenty-One
Thousand Eight Hundred dollars and Zero cents ($21,800.00) 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 212 of River Ranches Fishing and Equestrian Estates at Freedom, Wyoming, Second Filing,
Lincoln County, Wyoming, according to that plat filed March 10, 1999, as Plat No. 383.
This mortgage is given to secure the following indebtedness: one note of even date herewith for $21,800.00 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
appointment 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; also 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 a~nount 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 presen,~,q, Tf
WITNESSTN~~han sa' orr r, this 5Ih day of May, 2005.
STATE OF Wyoming
COUNTY OF Teton
SS.
On this 5th day of May, 2005, personally appeared before me, Roy Siebeck who acknowledged to me that he
executed the same.
Witness my hand and official seal.
My commission expires Septe~nber l 5, '~007
*This Real Estate Mortgage is second and subject ONLY to a First Real Estate Mortgage
recording herewith in favor of Argent Mortgage LLC dated April 27, 2005 in the original amount
of $185,300.00.
Land Title Compm~y File Number: 30651
Mortgage - Buyer Ind
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