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HomeMy WebLinkAbout910355After recording please return to: 00468 P&P Services, Inc. [Company Name] Attn: Fulfillment Services [Name of Natural Person] 4400 /X2.pha Road [Street Address] Dallas, TX 75244 [C/ty, State Zip Code] RECEIVED 7/28/2005 at 4:32 PM RECEIVING # 910355 BOOK: 592 PAGE: 468 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY [Space Above This Line For Recording Data] DEFINITIONS MORTGAGE MIN 100052550073663204 Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 1 l, 13, 18, 20 and 21. Certah~ roles regarding the usage of words used in this document are also provided in Section 16. (A) Security lnstrmnent means tiffs document, which is dated together wifl~ all Riders to fids document. July 22, 2005 (B) "Borrower" is DAN T. MERRITT and MARY W. MERRITT, husband-and wife · Borrower is the mortgagor nnder this Security Insmtment. (C) "MERS" is Mortgage Electrmfic Registration Systems, Inc. IV[ERS is a separate corporation that is acting solely as a nonfiuee for Lender and Lender's successors and assigns. MERS is the mortgagee under this Security Instrument. MERS is organized and existing under the laws of Delaware, and has ,'tn address and telephone nnmber of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS. (D) "Lender" is Centerra Mortgage Corporation Lender is a Oklahoma OK 74135 500736632 corporation · Lender'saddressis organized andexisting m~derthelawsof 4200 Skelly Drive, Tulsa, Wyonfing Mortgage-Single Family-Famfie M[ae/Freddie Mac UNIFORM INSTRUMENT --THE COI~'LIANCE SOIYRCE, INC.-- Page 1 of 14 MERS Modified Form 3051 01/01 14301WY 08/00 ©2000, The Comphance Source, Inc. (E) "Note" means the promissory note signedby Borrower and dated July 22, 2005 The Note states that Borrower owes Lender one hundred thirty thousand and NO/100ths Dollars (U.S. $ 130,000.00 ) plus interest. Borrower has pronfised to pay this debt in regular Periodic Payments and to pay the debt in fidl not later than g~Iust 1, 2020 0e) "Prol}erty" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges m~d late charges due under the Note, and all stuns due under this Security Insmm~ent, plus iuterest. (H) "Riders" means all Riders to tiffs Security Instalment that are executed by Borrower. The following Riders are to be executed by Borrower [ci~ock box as applicaDlo]: [] Adjustable Rate Rider [] Condomininm Rider [] Second Home Rider [] Balloon Rider [] Plmmed Uxfit Development Rider [] Biweekly Payment Rider [] 1-4 Fmnily Rider [] Revocable Trust Rider [] Ofl~er(s) [spoci~y] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and adnfinistrative roles and orders (tlmt have the effect of law) as well as all applicable fin,'fl, non-appealable judicial opinions. (J) "Commnnity Association Dues, Fees, and Assessments" means all dues, fees, assessments mid other charges that are imposed on Borrower or the Property by a condominimn association, homeowners association or similar organization. (K) "Electronic Funds Transfer" memos any transfer of fi~nds, other than a transaction originated by check, draft, or similar paper instrmnent, which is initiated through mi electronic terufinal, telephonic instrument, computer, or maguetic tape so as to order, instruct, or attlhorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, tnmsfers i~fitiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, setflemem, award of damages, or proceeds paid by any third party (other thtm insurance proceeds paid trader the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Properg,; (iii) conveyance in lieu of condemnation; or (iv) nfisrepresentations of, or onfissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (O) "Periodic Payment" means the regularly scheduled amoum due for (i) principal m~d interest under file Note, plus (ii) any amounts under Section 3 of tlffs Security Instrument. Loan No: 500736632 Wyomh~g Mortgage-Single Family-Famde Mae/Fre,ldie Mac UNIFOR3~ INSTRUMENT --TH_E COMI'L1ANCE SOURCE, INC.-- Page 2 of 14 MERS Modified Form 3051 01/01 ©2000, The Comphm~ce Source, Inc. -00470 (P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R. Pan 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all require~nents and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (Q) "Successor in Interest of Borrower" means any party that has taken title to the Property., whether or not that party, has assumed Borrower's obligations under the Note and/or tiffs Security Instrument. TRANSFER OF RIGHTS IN TIlE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Loan, and M1 renewals, extensions and modifications of the Note; and (ii) the peIfonnance of Borrower's covenants m~d agreemems under fids Security Instrument and the Note. For this purpose, Borrower does hereby nmrtgage, grant and convey to MERS (solely as nominee for Lender and Lender's successors mxd assigns) m~d to the successors and assigns of MERS, with power of sale, the following described property located in the County of Lincoln : [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] IDT 85 OF NORDIC RD2XlCHES DIVISION NO. 6, LINCOLN COUNTY, WYOMING 3~9 DESCRIBED ON %liE OFFICIAL PLAT THIIqEOF. which cnrrently has the address of 34 LARIAT DRIVE [Street] Etna , Wyonfing 83118 [City7 [-Zip Code1 ("Property Address"): TOGETHER WITHoall the impro'vements now or hereafter erected on the property, and all easements, appurtenmmes, and fixtures now or hereafter a pan of the property. All replacements and additions shall also be covered by this Security Instnm~ent. All of the foregoing is referred to in tiffs Security Instrument as the "Property." Borrower m~derstands and agrees that MERS holds only legal title to the interests granted by Borrower in tiffs Security Instnnneut, but, if necessary, to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, including, but not linfited to, the right to foreclose and sell the Property; m~d to take any action required of Lender h~cluding, but not linfited to, releasing and canceling tiffs Security Instrument. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the fight to nmrtgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against 'all claims and demands, subject to m~y encunlbrances of record. Loan No: 500736632 Wyomh~g Mortgage-Single Famity-Famfie Mae/Freddie Mac UNIFORM INSTRUMENT --TItE COIVUPLIANCE SOURCE, INC.-- Page 3 of 14 MERS Modilied Form 3051 01/01 1430 iww' 08100 ~2000, The Co nphance Sotace, lnc THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-tmiform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, hiterest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges ,mxd late charges due under the Note. Borrower shall also pay funds for Escrow Items pursum~t to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is ret~m~ed to Lender unpaid, Lender may require that any or all subsequent payments due under rite Note and this Security Instmmem be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or caslfier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Paymeuts are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordm~ce with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insttfficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on tmapplied funds. Lender may hold such unapplied funds until Borrower m~hkes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrulnent or peffonning the covenants and agreements secured by this Security. Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in fltis Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note; Co) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in wlfich it became due. Any remahfing amounts shall be applied first to late charges, second to any other mnounts due under this Securi .ty Instnunent, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pa), any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic Pay~nent is outstanding, Lender nmy apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists 'after the payment is applied to the full paymem of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the mnount, of the Periodic Payments. 3. Funds for Escrow Items. Borrower sh',fll pay to Lender on rite day Periodic Payments are due under the Note, until the Note is paid in full, a stun (the "Funds") to provide for pay~nent of amounts due for: (a) taxes and assessments and other items which can attain priority over fids Security Instrument as a lien or encmnbrance on the Property.; (b) leasehold payments or ground rems on the Property, if any; (c) premiums for any and all insurance required by Lender trader Section 5; and (d) Mortgage Insttrance premiums, if anD', or any sums payable by Borrower to Lender in lieu of the payment of Mortgage h~surance prentimns in accordance with the provisions of Section 10. These items are called "Escrow Items." At origination or at m~y time during the term of the Loan, Lender may require thai Conununity Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, Loan No: 500736632 Wyomh~g Mortgage-Single Fmnily-Famfie Mae/Freddie Mac UNIFOI~I INSTRUMENT --TH~ COIVfl'LIANCE SOURCE, INC.-- P:,ge 4 of 14 MERS Modilied Fonn 3051 01/01 143fllWY 118100 ©2000, ~ll~e Complimtce Soume, Inc. .: 00472 mid such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amonnts to be paid under lifts Section. Borrower shall pay Lender tile Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Items at an), time. Any such waiver may only be in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the mnounts due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires, shall funfish to Lender receipts evidencing such payment within such time period as Lender nmy require. Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed to be a covenant and agreement contained in this Security Instnunem, as lira phrase "covenant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and Borrower fails to pay the ,'unount due for an Escrow Item, Lender may exercise its rights under Section 9 m~d pay such anmunt and Borrower shall then be obligated under Section 9 to repay to Lender any such amount. Lender nmy revoke the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and in such amounts, lilat are then required under lilis Section 3. Lender may, at any time, collect m~d hold Funds in an mnount (a) sufficiem to pemfit Lender to apply the Funds at the tilne specified under RESPA, and (b) not to exceed the lnaxinmm amount a lender can require under RESPA. Lender shall estinmte li~e anlount of Funds due on the basis of current data m~d reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable Law. The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later tt~ the time specified under RESPA. Lender shall not charge Borrower for holding and applying li~e Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds m~d Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be reqtfired to pay Borrower any interest or eanfings on the Funds. Borrower and Lender can agree in writing, however, that interest shall be paid on the Funds. Lender shall' give to Borrower, without charge, an mmtml accounting of the Funds as required by RESPA. If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to ~nake up li~e shortage in accordance with RESPA, but in no nmre than 12 montlfly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordm~ce with RESPA, but in no more than 12 montlfly payments. Upon payment in full of all sums secured by tiffs Security Instrmnent, Lender shall promptly refund to Borrower any Funds held by Lender. 4. Charges; Liens. Borrower shall pay all taxes, assessments, clmrges, fines, and impositions attributable to the Property which can attain priority over this Security Instnunent, leasehold payments or ground rents on the Property, if any, and Conm~mfity Association Dues, Fees, and Assessments, if any. To the extent these items are Escrow Items, Borrower shall pay them in file rammer provided in Section 3. Borrower slmll promptly discharge any lien which has priority over lifts Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a mmmer acceptable to Lender, but only so long as Borrower is peffornfing such agreement; (b) contests file lien in good faith by, or defends against e~fforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the mtforcement of the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures frmn the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender detemfines flint any part of the Property is subject to a lien which can attain priority over Security Instrument, Lender 1nay give Borrower a notice identifying the lien. Wiflfin 10 days of the date on wlfich Loan No: 500736632 Wyomhtg Mortgage-Single Family-Famde Mae/Freddie Mac UNIFORM INSTRUMENT --THE COh,fPLIANCE SOURCE, 1NC.-- Page 5 of 14 MERS Modified Form 3051 01/01 143111wY 08/off ©2000, The Cornplia~me Source, lac. 0,0473 that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in comzection with tltis Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or here,flier erected on the Property insured against loss by fire, hazards included witlfin the term "extended coverage," m~d any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (h~cluding deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurm~ce carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised uureasonably. Lender may require Borrower to pay, in counection with fids Loan, either: (a) a one-time charge for flood zone deternfination, certification and tracking services; or (b) a one-time charge for flood zone determination and certification sen,ices and subsequent cl:arges each time remappings or similar changes occur which reasonably might 'affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in comzection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might sig~dficantly exceed the cost of insurance that Borrower could lmve obtained. Any amounts disbursed by Lender nnder fltis Section 5 shall become additional debt of Borrower secured by this Security Instrumeut. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurm~ce policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall inclnde a standard nmrtgage clause, and shall nanze Lender as mortgagee and/or as an additional loss payee. Lender shall have the fight to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give tC Lender all receipts of paid premimns and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for dan~age to, or destruction of, the Property, such policy shall include a stmz 'dard nmrtgage clause and shall name Lender as morlgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repMr of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurauce proceeds until Lender has had an opportunity to inspect such Property. to ensure the work has been completed to Lender's satisfaction, provided tlmt such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress paymems as the work is completed. Unless an agreement is made in writing or Applicable Law requires imerest to be paid on such iusurance proceeds, Lender shall not be required to pay Borrower any imerest or eanfings on such proceeds. Fees for public adjusters, or other tlfird p~u'ties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to the stuns secured by this Security Instrumem, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Borrower abandons the Property, Lender may file, negotiate and settle any available insurance claim and related matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has Loan No: 500736632 Wyomh~g Mortgage-Single Family-Famfie Mae/Freddie Mac UNIFORaM INSTRUMENT --Tt~; COIVIPLIANCE SOURCE, INC.-- Page 6 of 14 MERS Modilied Fonn 3051 01/01 143111w~ o8/o0 &2ooo. TI e Comphmxce Source, ,- 0047,- I offered to settle a claim, then Lander may negotiate mid settle the claim. The 30-day period will begiu when the notice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigms to Lender (a) Borrower's rights to any insurance proceeds in an mnount not to exceed the mnounts m~paid under the Note or this Security Instrtm~ent, m~d (b) any olher of Borrower's rights (other than the right to m~y refund of unearned premiunls paid by Borrower) under all hlsurance policies covering the Property, insofar as such rights ,are applicable to the coverage of the Property. Lender may use the insurauce proceeds either to repair or restore the Property or to pay ,'nnounts m~paid under the Note or this Security Instrument, whether or not then due. 6. Occupancy. Borrower slmll occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument m~d shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender othenvise agrees in writing, Milch consent shall not be unreasonably withheld, or unless extenuat/ng circmnstances exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the Property.. Whether or not Borrower is residing in the Property, Borrower shall nmintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is detemfined pursuant to Sectiun 5 that repair or restoration is not economically feasible, Borrower shall promptly repair the Property if damaged to avoid fi~rther deterioration or damage. If insurance or condenmatiou proceeds are paid in commction with 'dmnage to, or the taking of, the Property, Borrower shall be responsible for repairing or restoring the Property only if Lender has released proceeds for such ptaposes. Lender may disburse proceeds for the repairs and restoration in a single payment or iu a series of progress payments as the work is completed. If the insurance or coudemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable euthes upon and h~spections of the Property. If it has reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default if, dtmng the Loan application process, Borrower or any persous or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false, nfisleading, or inaccurate hfformation or statements to Lender (or failed to provide Lender with material infommtion) in com~ection with the Loau. Material representations include, but are not linfited to, representatious concenfing Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrmnent. If (a) Borrower fails to perform the covenants m~d agreements contained in fids Security Instmmem, (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under tiffs Security Instrument (such as a proceeding in bamkruptcy, probate, for condmnnation or forfeiture, for enforcement of a lien which nlay attain priority over ,tkis Security Instrument or to mrforce laws or regulations), or (c) Borrower has abaudoned the Property., then Lender may do and pay for wlmtever is reasonable or appropriate to protect Leuder's interest in the Property and rights under tiffs Security Instrument, including protecting and/or assessing the value of the Property, and securing m~d/or repairing the Property. Lender's actions can include, but are not lmfited to: (a) paying any sums secured by a lien wlfich has priority over tiffs Security Instrument; (b) appearing in court; and (c) paying reasouable attorneys' fees to protect its interest in the Property and/or rights uuder tkis Security Insmunent, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not linfited to, entering the Property to make repairs, change locks, replace or board up doors m~d windows, drain water from pipes, elinfinate building or other code violations or 'dangerous conditions, and have utilities turned on or off. Although Lender may take action m~der this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender recurs no liability for not takh~g any or all actions authorized under tlfis Section 9. Lo&uNo: 500736632 lVyomh~g Mortgage-Single Family-Famtie Mae/Freddie Mac UNIFORM INSTRUMENT --TP2E COh~'LIANCE SOURCE, INC.-- Page 7 of 14 MERS Modilied Form 3051 01101 14301¥w1~ 081110 {>2000, The Compliance Source, Inc. Any a~nounts disbursed by Lender under tiffs Section 9 shall become additional debt of Borrower secured by this Securi .ty Instrument. These amotmts shall bear interest at the Note rate from the date of disbursement m~d shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If tlfis Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge nnless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the prenfimns required to nlaintain the Mortgage Insurance in effect. If, for m~y reasou, the Mortgage Insurm~ce coverage required by Lender ceases to be available from the mortgage insurer that previonsly provided such insurance ~md Borrower was required to make separately designated payments toward the premimns for Mortgage Insurm~ce, Borrower shall pay the prenfiums required to obtain coverage subst,mtially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurm~ce previously in effect, frmn an 'alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurm~ce coverage is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these paynlents as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultinmtely paid in full, and Lender shall not be required to pay Borrower any interest or eanfings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the anmunt and for the period that Lender requires) provided by an iusurer selected by Lender again becomes available, is obtained, and Lender requires separately designated payments toward the prenfiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of nmking the Loan and Borrower was required to make separately designated paymeuts toward the premimns for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordm~ce with any written agreement between Borrower and Lender providing for such ternfination or until termination is required by Applicable Law. Nothing h~ this Section 10 'affects Borrower's obligation to pay interest at the rote provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agreements with other parties that share or modif3~ their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the nmrtgage insurer and the other party (or parties) to these agreements. These agreements nlay require the mortgage insurer to make payments using m~y source of funds that the mortgage insurer nlay have available (wkich may include fmlds obtained from Mortgage Insurance premiums). As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or nfight be characterized as) a portion of Borrower's paynlents for Mortgage Insunmce, in exchange for sharing or modifying the nmrtgage insurer's risk, or reducing losses. If such agreement provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the prenfimns paid to the insurer, the arrmlgement is oflen termed "captive reinsurance." Further: (a) Any such agree~nents will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund. (b) Any such agreements will not affect the rights Borrower has - if any - with respect to the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other law. These rights may include the right to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance ter~ninated automatically, and/or to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. Loan No: 500736632 Wyomh~g Mot4gage-Single Family-Famde Mae/Freddie Mac UNIFORM INSTRUMENT --TI~ COIVlPLIANCE SOURCE, INC.-- Page 8 of 14 MERS Modilied Fonu 3051 01/01 143 o IV~Dst 08/[Io ©2000, The Compliance Source~ Inc. ao478 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the fight to hold such Miscellm~eous Proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay for the repairs m~d restoration in a single disbursement or in a series of progress payments as the work is completed. Uuless an agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrower any interest or em~fings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender's security would be lessened, file Miscellaneous Proceeds shall be applied to fl~e sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in Section 2. In the event of a total taking, desm~ction, or loss in value of the Property, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrmnent, whether or not then due, with the excess, if any, paid to Borrower. In the event of a partial taking, destruction, or loss in value of the Property in which the fair market value of the Property immediately before the partial taking, destruction, or loss in value is equal to or greater than the anmunt of the sums secured by this Security Instnunent inm~ediately before the partial t',h~ing, destruction, or loss in value, mdess Borrower and Lender othenvise agree in writing, the stuns secured by this Security Insmnnent shall be reduced by the anmtmt of the Miscellaneous Proceeds nmltiplied by the following fraction: (a) the total mnount of the sums secured immediately before the partial taking, desmmtion, or loss in value divided by (b) the fair market value of the Property immediately before the partial taking, destruction, or loss h~ value. Any balance shall be paid to Borrower. In the event ora partial taking, destruction, or loss in value of the Property in which the fair nmrket value of tile Property inunediately before the partial taking, destruction, or loss in value is less than the amotmt of the sums secured inunediately before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, file Miscellm~eous Proceeds shall be applied to the sums secured by tiffs Security Instrument whether or not the stuns are then due. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the Opposing Party (as defined in the next sentence) offers to make an award to settle a claim for damages, Borrower fails to respond to Lender witlfin 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this Security Instrument, whether or not then due. "Opposing Party" means the third party that owes Borrower Miscellaneous Proceeds or the party against whom Borrower has a fight of action ht regard to Miscellaneous Proceeds. Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Lender's judgment, could result in forfeiture of the Property or other material impaim~ent of Lender's interest in the Property or rights trader this Security Instalment. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be disnfissed with a ruling that, in Lender's judgqnent, precludes forfeiture of the Property or other material impaim~ent of Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairment of Lender's interest in the Property ,are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or nmdification of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or ,any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Loan No: 500736632 Wyonting Mortgage-Single Family-Famfie Mae/Freddie Mac UNIFORM INSTRUMENT --TI~E COMPLIANCE SOLrRCE, ][NC.-- , Page 9 of 14 MERS Modilied Form 3051 01/01 143fllWY 08ldo ©2000, The Compha~[ce Smtrce, hie. Borrower or to refuse to extend time for payment or otherwise modif3, amortization of the stuns secured by tltis Securi.ty Instnunem by reason of auy demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants mid agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-sighting tlfis Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms oftlfis Security Instrument; (b) is not personally obligated to pay the stuns secured by tlfis Security Instnm~eut; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any acconunodations with regard to the terms of this Security Instrument or tire Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations trader tkis Security Instnunent in writing, and is approved by Lender, shall obtain all of Borrower's fights and benefits under tltis Security Instrument. Borrower shall not be released from Borrower's obligations and liability under tiffs Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrunrent shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in cmmection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not linfited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower slhall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets n~aximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in com~ection with the Loan exceed the permitted liufits, then: (a) any such loan charge shall be reduced by the mnoum necessary to reduce the charge to the pernfitted linfit; and (b) any stuns already collected from Borrower which exceeded permitted limits will be refi~nded to Borrower. Lender may choose to make this refund by reducing the principal owed under ti~e Note or by ~naking a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in com~ection with tlfis Security Instrument nmst be in writing. Any notice to Borrower in com~ection with tiffs Security h~stnunent shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has desigmated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There ma), be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein mfless Lender has designated another address by notice to Borrower. Any notice in com~ection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instnunent is also required under Applicable Law, the Applicable Law requirelnent will satisfy the corresponding requirement under tiffs Security Instrument. 16. Governing Law; Severability; Rules of Construction. Tlfis Security Instrument shall be governed by federal law and the law of the jurisdiction in which ti~e Property is located. All rights and obligations contained Loan No: 500736632 Wyomhtg Mortgage-Single Fmnily-Famde N[ae/Freddie Mac UNIFORM INSTRUMENT --THE COM~'LIA2qCE SOURCE, INC.--. Page 10 of 14 MERS Modilled Form 3051 01/01 14301¥VY 08/00 ©2000, The Compl/ance Source, Inc. in tiffs Security Insmm~em ,are subject to any requirements and linfitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition agaiust agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not ,affect other provisions of this Security Instrument or the Note which can be given effect without the co~fflicting provision. As used in this Security Instrument: (a)words of the masculine gender shall mean and include correspondiug neuter words or words of the fenfinine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in Offs Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the tr,'msfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial iuterest in Borrower is sold or transferred) without Lender's prior written consent, Lender nmy require inunediate payment in full of all sums secured by this Security Instmmem. However, tiffs option shall not be exercised by Lender if such exercise is prolffbited by Applicable Law. If Lender exercises tlfis option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date ti~e notice is given in accordance with Section 15 within wlfich Borrower must pay all stuns secured by tlfis Security Instrument. If Borrower fails to pay these stuns prior to the expiration of this period, Lender may invoke any remedies penuitted by tiffs Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have mfforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale coma/ned in tlfis Security Instnunent; (b) such other period as Applicable Law might specify for the ternfination of Borrower's right to reinstate; or (c) entry, of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender 'all stuns wlfich then would be due under this Security Instrmnent ,'md the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrmnent, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in the Properly and rights under tiffs Security Instnunent; m~d (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights under tlrs Security Instrument, and Borrower's obligation to pay the sums secured by this Security Instmnlent, shall continue unchanged. Lender may require ti~at Borrower pay such reinstatement stuns and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bm~k check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instnm~em and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, tiffs right to reinstate shall not apply in the case of acceleration m~der Section 18. 20. Sale of Note; Change of Loan Se~wicer; Notice of Grievance. The Note or a partial iuterest in the Note (together with tiffs Security Instnnnem) can be sold one or more times without prior notice to Borrower. A sale mighl result in a change in the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan servicing obligations m~der the Note, tlfis Security. Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer m~related to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change which will state the name and address of the new Loan Servicer, the address to which payments should be made and any other information RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other titan the purchaser of the Note, the mortgage loan servicing Loan No: 500736632 Wyomh~g Mortgage-Single Family-Famfie Mae/Freddie Mac UNIFORM INSTRUMENT --TIt~ COMPLI.~NCE SOLrRCE, INC.-- Page 11 of 14 MERS Modilied Form 3051 01/01 14301WY 08/00 ~2000, The Compliance Source, Inc. -0O478 obligations to Borrower will renmin with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser nnless otherwise provided by the Note purchaser. Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant or the member of a class) that arises from the other party's actions pursuant to this Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by reason of, this Securi.ty Instmmem, until such Borrower or Lender has notified the other party (with such notice given in conrpliance with the requirements of Section 15) of such alleged breach and 'afforded the other party hereto a reasonable period after the giving of such notice to take corrective action. If Applicable Law provides a time period which must elapse before certain action can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this Section 20. 21. Hazardous Substances. As used in ttfis Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardous substances, pollutants, or wastes by Enviromnental Law and the following substances: gasoline, kerosene, other flan~mable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) "Envirmm~ental Law" means federal laws and laws of the jurisdiction where the Property is located tbat relate to health, safety or environmental protection; (c)"Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Enviromnental Condition" means a condition that can cause, conthbute to, or otherwise trigger mt Environmental Cleanup. Borrower shall not cause or pemfit the presence, use, disposal, storage, or release of any Hazardous Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental Condition, or (c) wlfich, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely affects the w~lue of the Property. The preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses mid to maimenance of the Property (including, but not linfited to, hazardous substances in consumer products). Borrower shall promptly give Lender written notice of (a) m~y investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and mty Hazardous Substance or Enviromnental Law of which Borrower has actual kmowledge, (b) any Environmental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the Property.. If Borrower learns, or is notified by any goverlunental or regr~latory author/ty, or any private party, that any removal or other remediation of any Hazardous Substance ~fecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Enviromnenlal Cleanup. NON-UNIFORM COVENANTS. Borrower and Lender fitrther covenant and agree as follows: 22. Acceleration; Re~nedies. Lender shall give notice to Bm'rower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrmnent (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cm'e the default; (c) a date, not less than 30 days fi'om the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result i.n acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its Loan No: 500736632 Wyomh~g Mortgage-Single Family-Famde Mae/Freddie Mac UNIFORM INSTRUMENT --THE COMPLIANCE SOURCE, INC.-- Page 12 of 14 MERS lX.{odilied Form 3051 01/01 14301wY t18/§o ©2000, The Compliance So~rce, Inc. 00450 option may require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incm'red in pursuing the remedies provided in this Section 22, iucluding, but not litnited to, reasonable attorneys' tees ,'md costs of title evidence. If Lender invokes the power of sale, Lender shall give notice of intent to foreclose to Borrower and to the person in possession of the Property, if different, in accordance with Applicable Law. Lender shall give notice of the sale to Borrower in the manner provided in Section 15. Lender shall publish the notice of sale, and the Property shall be sohl in the manner prescribed by Applicable Law. Lender or its designee may purchase the Property at any sMe. The proceeds of the sale shall be applied in the following order: (a) to all expenses of the sale, including, but not limited to, reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 23. Release. Upon payment of all stuns secured by this Security Instrument, Lender shall release this Security Instnm~ent. Borrower shall pay any recordation costs. Lender may charge Borrower a fee for releasing this Security Instnunent, but only if the fee is paid to a third party for sen, ices rendered and ti~e charging of the fee is pernfitted trader Applicable Law. 24. Waivers. Borrower releases m~d waives all rights under and by virtue of the homestead exemption laws of Wymning. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenm~ts contained in tiffs Security Instrument m~d in any Rider execnted by Borrower and recorded with it. Winlesses: Printed Name: Printed Name: [Please Complete] [P/ease Complete] ' (Seal) -Borrower (Seal) -Borrower (Seal) -Borrower [Acknowledgment on Following Page] (Seal) -Borrower Loan No: 500736632 Wyomh~g Mortgage-Single Family-Famde Mae/Freddie Mac UNIFORM INSTRUMENT --TPIE COM}'LL~NCE SOURCE, INC.-- Page 13 or 14 MERS Modilied Fornt 3051 01/01 14301wY 08/00 ~2000, The Co nphastce Source, Inc. County of ~ Before me the undersigned authority, on this day personally appeared MARY W. MERRITr DAN T. MERRITT and known to me (or proved to me through m~ identity card or other document) to be the person(s) whose nmne is subscribed to the foregoing instrument, ,'md acknowledged to me that he/she/they executed the same for the ptwposes and consideration therein expressed. Given trader my htmd and seal on fltis (Seal) day of Q4~4f Notary Public My Commission Expires: , QOo / q -/3- -07 Loan No: 500736632 Wyomh~g Mo~gage-Single Family-Famde/Vlae/Freddie Mac UN1FOIUvl INSTRUMENT --TIIE COI~{PLL~CE SOURCE, INC.-- Page 14 of 14 MERS Modilied Form 3051 01/01 ©2000, The Compliance Source,