|
LI
<br />rt.m apt
<br />flty. -]]
<br />.. FIRST FARM AND RANCH MORTGAGE
<br />The Federal Lind Bmlk o(Wichila
<br />THIS INDENTURt, Made lhir 2Dth day of May Ig77 ,b«ween
<br />Margaret R. Armand, a single woman
<br />
<br />elwx~i3~ f>,~ 86
<br />`~
<br />i
<br />
<br />bcreimftu called moatpgoq whetbu one Pr more, anJ THE fGDRRAL LAND UANK 01' 7yICIIITA, Wrchiu, Kanua, a corponlion, orynixed under
<br />the I~cdml ISnn loan An of 1714, anJ ww oPVnung nnJa the Ibnn f«Jn Aal nl' 1771, btremafmr r Ilcd murlguycc.
<br />WITNPSS6TH: Tlul man Pgoq for and in conaideullon of the Inking of a Iran m JcxribcJ 1¢rcin, morlgagcv to mprlgagce all of Ilm followint rnl
<br />ealale filuale in llae County of ROU t t Stale of CO 1 U CadO .Io-wit.
<br />Townsh Sp 5 North, RanAe R7 West of the 6th P.ht.
<br />- Section 5: SEY,SEYa
<br />Section: 8: NE'/,NEY„ W~NEY„ SEY,NW'/., E%SIJ/„ NE's NW ~, S4lraNWe, NW aSWr~
<br />.''~ .Section 17: NE'/,NW/,
<br />8.
<br />Is ~ 'fogethrr with all interest in the Armand Spring fJo. 1 and in the
<br />Grn 0.022 second feet of water allowed to flow therein under Priority
<br />U dated June 6, 1930; all interest in the Armand Springs No. 2 and 3
<br />o and in the 0.022 second feet of water allowed to flow therein under
<br />w Priority dated September 3, 1935; all interest in Armand Ditch No. 1
<br />`! and Armand Ditch No. 2 and in the 1.0 second toot of water allowed
<br />to flobf therein under Priority dated June 20, 1945.
<br />Mortgagor Also Mortgages to Mortgagee, Sub,Ject to Existing
<br />~ Incumbrances of Record, All of The Following Described Real Estate
<br />SStuated In The County of Routt, State of Colorado; To-WSt:
<br />Lots 3, 5, 6 and all that part of Lot 4 which lies South and West
<br />nt U.S. Ill ghway Nn. d0, Rlock fi, Seller's Addition, Hayden, Colorado.
<br />~~
<br />m
<br />O~ A
<br />Dete ~~ ~- ~ 7c.o
<br />Congainint 475 s ca, inorc ar Ivaa, bra bla'n Io c ring namcma rigbu nr war. ,na mineral inrcrcalr or minrnl lures
<br />owned by (laud persona under ralidrrescrnliona rFbfe~i~~'Lo t9rmrd. B~(~I~(
<br />Toterher with all prinhgc; L«adilamtnlr anJ aPPm ensntca Ihtnrnyk AS{~plp pyflljlor (n e1s+ iu apperuininF includin[ dl water, Irrigarlon and drainge
<br />Ilthb pl Crtry kind and dcaCnrhon, IIOWbcr cridC 'tJ Or man lc ghD of wu , appanws anJ Ramru bdon[in[ to ar coed In ronnenion
<br />Ihrmwilh, whUher owneJ by morlpagnr a ^m da tier ac a rcd: also abs4acls or Dena evidence of hilt to Iht abort
<br />dtaCrib<d rUI ralalC.
<br />Tlir mortppe meurca ryvY~nenl. In Instalhna,la Uhe Iml due JUIy 1,2D1D ) of a loan of 548, 4DD, DD
<br />wills inmrctl, a eridcnud by a Promiarory nom of even date hercwilh. The nom tlatu the im«ml ulu applioble to the Odnclpal sum, and DroHdu for
<br />fumrc chants In each inmrm ntn.
<br />Alonptor hneby cortnamr and ap«s with monPCcc n follows:
<br />1. To bu now lawfully setae) of Ilu fte• tinarle title to all of old real estate: to lure good rigln to cell end convey the ume:lhal the amt la
<br />free from all ancnmbrantm:and ao neon anJ defend the tl4e Ih«e1o spinal the lawful daima ar dervnda of tll penom whomaotrtr.
<br />i. To Day whan due all ryymcnu PmriJeJ for in Ibe note ucunN h«eby.
<br />7. To P+Y ,vbvn Jne vfl roans, tiara, yWgnrcnla, or maa~tmcnb which may be hwfully aucutd or kneJ against the OroPerly herein
<br />martpged. .
<br />~. To inure anJ keep insured bmldmp anJ albs in,Proramrnb noW on, or which may lertafler be Place) on, uiJ Premua. spina Ina or
<br />danuge by frc end/or tolmda, In companies anJ amounu nliJanory to monPtre, any policy evidenant such imm~nce to be dtponmd
<br />rilb, vnd loo tbcmunJn to be Payable lu, morltagce as ib Im«ut may aPpur. At the option of motlgagor. end mbjed to tenant n[ulaliov
<br />of Iht Rem Credit Adminuaal,on, rvmr ao «ccind by monpger may M u¢d to pay for rteonalroelion of Ibe deuroytd improvtmmtl0; oq
<br />if not so applied may. al Ibe option of Ibe mortpg«, be applied in payment of ma cored debt, or n taus payments an unmalured debt, In Inc
<br />nunna proriJed in the norc xcurcd hn<bY.
<br />S. Ta uu the proceeds from Ina loan anved hemby aoldy for the Dwpo¢s ael fonh m monptor'a vppbu JOn for aid loan.
<br />6. NeI Io Dnmir, nlhn wJfullY or by netlerr, any u earonable JaPrccuhon In Inc slue of old Prcmiua nr the buildlnp and Improre-
<br />mtnla ailnale thereon, but to kap the ana m goad mDmr at all Ilmea not to rcmovr or permit to be removed hom viJ pmm~ea any buildlnp
<br />or im Prpmmenb ubnle rh«mn: nm Ia mmmil or rvffrr wade to be commmcJ uDOn the Drcmirn; not to cut or rcmore any timber
<br />therefrom or pumil sane, a splint ruck m mry be n¢nury for ordlnuy domralle purporer: end not to permit old real ealale to depreciue
<br />In value 0¢auu of onion. imufRcicnl was anpply or far Imdequne or Improper drainage or vrlption of old Ind.
<br />7. Morlppe may. a any lime, wllhola no NCe, rtlum all or any Carl of the prtmMa daaibed herein. [rant taemiom rail defermenu,
<br />aVee m and pen rrnewar and rninoniuuom of Iht debt Pr any Part Ihaeof, ar rclvae Dom pmanal lability any one or more paaas who
<br />ve or may become table for the debt or any pan Ihermf, wilhom dfcninj the pnorily of Ihir mortpge or the pcuoml babtldy of monptor
<br />or any pvlY liable or rho may bemire ILple for the paYmeN of the ben hcroof.
<br />g. To relmbnue morePSea for all car« an'd openau incurred by it in any rail m fomclme Inls nonage, or in aPY ru,l in which morgape
<br />nLY be Pmry.d m JefenJ ur Vroran Ib npbU ur Ilan unpurcJ hrrvunder, Intludint all abmael f«a. coon coos, • rcavonable auprney fa
<br />wnne auowm br law. ana omer <.rem«: one a~rn.n~nt anon be ,erorea h«eby and maedm in my Jar¢ of fortclmum. .
<br />
|