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Home My WebLink About914044 :- I~ ('. '': (, (' " :,,) t/ j..~ ;) u ('-1(- /-). RECEIVED 11/29/2005 at 4:21 PM RECEIVING # 914044 BOOK: 606 PAGE 206 JEANNE WAGNER LINCOLN COUNTY CLERK. KEMMERER. WY [Space Above This Line For Recording Data) MORrfGAGE DEFINITIONS Words usC'd in multiple sections of this document are defined bdow and uther words are defined in SC'clÎons 3, I I, 13, 18, 20 and 2 I, Certain rules regarding the usage of words used in this document are also provided in Section 16, (A) "Security Instrument" means this document, which is dated ,.,.."",.""".".".1 J:4f:49P,5""",.."".,.", "" togèlher with all Riders to this document. (ß) "Borrower" is ß,~~Ql.~Y ,~~~.~~F.,..,.,...,.......,.".".." ." '" '" ",'....,.,. ".,'.,..... ",." ,., ..'.,.""., ",.,. ",." ,.. ". "... .................................................................................................................................................... . Borrower is the mortgagor under this Security Instrument. (C) "Lcnder" is . mE. ß,~~~. P.F. ~,~~~. YA,l.l.~Y..,....,.."..,....,.,., ,...".,.".....,.".,."., ,.....,., '" '" ",.., ,......'".,..,.....,.., '" ,.. . ,. .,. , .. .. , , . . . , , , . , .. . ... . .. .. , .. , .. . ., , , .. . .. . , , .. . , , . . .' .. , .. , , , . .. , . ,. . .. ... .. . , .. . .. , , , , , , , . , .,. .. , , , , , . , , , . . , . . , , .,. , , . . , . . , " , Lender is a .GQ~.~Q~.A11.Q~....,....,........,..,..,....................,......,..,...."...............,......" organized and existing under the laws of ,~~~.~T!m,Q~ .I'YY,QI,I1ING.."",...,..".",.,........"..".......".."...,. ' Lender's address is ,~~~,WMHlNGTP.~,~T~,E.E.1.,,~p, ß,q~,~9P.7"".. AFTPN., 'N.Y. P.~1.1P....,..".,.".,....,..,.."."...,.........,.",.""".." , Lender is the mortgagee under this Security Instrument. (D) "Notc" means the promissory note signed by Borrower and daled ll·2.2-2.Q05."...,.""",..,.",.,.,....".""""..", , The Note states that Borrower owes Lender ~¡~nY ,1~9.4~ANP,~~,q ,~QI19P. , . '" . ., , , , , ,. , . , , , , , , , , , . , ,. , , . , , , , ' , , , , , .. . , . , , , , . , , , , . , , , . , , , . . , , . , ......,.........,......,..................,...... Dollars (LJ ,S. $ ßP,P.DQ,P.Q.................. ,) plus intèrest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than n·p,1.),QQ7"""...,..""",.,.,.,."",."", ..................................................................................................................................................... . f (E) "Property" means the property that is described beluw under the heading "Transfer of Rights in the Property," (F) "Loan" means the debt evidenced by the Note, plus imerest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (G) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The folluwing Riders are to be executed by Borrower [check box as applicable]: o Adjustable Rate Rider 0 Condominium Rider IX] Balloon Rider 0 PlalU1ed Unit Development Rider o 1-4 Family Rider [J Biweekly Payment Rider (II) ,"~PI)ljcable Law" means all controlling app!icable federal, state arrd luca.1 stat lites, regulati(~ns,. ordin~ll1,ces and admll1lstratlve rules and orders (that have tht: etfect 01 law) as well as all applicable 1 111 a I , non-appealable Judicial opllllons. (I) "Community Association Dues, Fees, and Assessmcnts" means all dues, fees, assessments and other charges that art: imposed on Borrower or the Property by a condominium association, homeowners association or similar organization, (J) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrun~ent, which is init~ated tl~roug.h arr el.ect~'onic term!nal, telel~honic instrume~t, c()mput~r, or magneti,c tape so as to order, Instruct, or authorIze a financIal institutIOn to deb II ur cre( II an account. Such term Includes, but IS not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (K) "Escrow Items" means those items that are described in Section 3. (L) "Miscellaneo~ls Proceeds" means any compensation, settlement, awar~1 of dama,ges, or proceeds paid by any Ihird party (olher th~~l II1surance proceeds paid ul~der U.le coverages desc~'lbed 111 SeCIIOn?) tor: (I) damage to, or destruction, 01, the Property; (11) condemnatlun or other takll1g ul all or any part 01 the Property; (III) conveyance III lieu 01 condemnatIOn; or (iv) misrepresentations of, or omissions as to, the value and/ur condition of [he Property. (1\1) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan., (N) "Periodic Payment" means the re~ularly scheduled amount due for (i) prIncipal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (0) "RESPA" means the Real Estate Settlement Procedures Act (12 LJ ,S.C. §2601 et seq,) and its implementing regulation, Regulation X (24 C.F.R, Part 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 SC'curity Instrument, "RESP A" refers to all requirements and restrictions that are imj)o,ed in rc¡¡.ard to a .. federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan under REWA. (P) "Successor in !nter~st ~f Borrower" means any pal:ty}hat I,las taken title 10 the Pruperty, whether or not that party has assumed Borrower s obhgattons under the Note and/or this Secunty Instrument. [J Second Home Rider o Other(s) [specify] ..,..,..,............, TRANSFER OF RIGHTS IN HIE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agrcemeIlls under this Security Instrument and Lhe Nute. For this purpose, Borrower does hereby mortgage, grant and convey to Lender and Lender's successors and assigns, with power of sale, the following described prüperty located in Lhe ~I,~ç.Ql,~,ç9.4t:Jn...,.".,.,""',.,.,..,',.".,"",.,.,,',"",,'," of [Type of Rt:cording Jurisdiction) An9~. WYP,~!~.~. . .. ... . .. .. . . " , . , ... , . , , .. .. . . , , . .. , .' . , , , . , , .. . , . , . . .. , ' .' . . , . , . , .. , .. : tName of Recording Jurisdictionl SCHEDULE C ATTACHED HERETO ANO MADE APART HEREOF Form 3051 1/01 WYOMING - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Bauke"ti Systems,ln¡;., 51. Cloud. t\i1N form 1\·10-I-WY tl/21/2000 r"l: 1/2001 Ilh'~e I ,,/7 puge;') -..-.- 11111111111111111111111111111111111 CB4AO ,é' '~ ~~~l which currently has the address of )672. S,~ HWY, ?~.1........,., ('. lì r'"',"! r' ~/ '" ',) t..' ¡.., ~J . ........................................................................-.. ...... (Street] N.rQ~,. .. ' . , . ' . , , . , , ' . .. .. , .. , . .. , , . , . . . .. , .. , . , ... . , . .. , . , , .. ., \V yom ing . ß.3.1, 1 Q, , ... .. . .. , ' .. , . , , .. . , . .. . ... . , .. (" Property Address "): (Cityl (Zip Code] TOGETIIER W[TH all the improvemcnls now or hereafter erected on the property. and all easements, appurtcnilnccs, and fixtures now nr hercilfter a pilrt of the property, All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referrcd 10 in Ihis Security Instrument as the "Property." BORROWER COVENANTS that Bnrrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record, Borrower warrilnfs and will defcnd generally the title to the Property against all claims and demands, SIIbject to any encumbrances of record, T[[IS SECURITY INSTRUrvlENT combines uniform covenants for nationill use and non-uniform covenants with limited variations hy jurisdiction to constitute a uniform security instrument covering rcal property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges, Borrower shall pay when due the principal of, and interest on, the debt evidenccd by the Note and any prepayment charges and late charges due under the Note, Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note amI this Security Instrument shall be made in U.S, currcncy, However, if any check or other instrument received by Lender ;¡S paymcnt under thc Notc or this Sccurity Instrument is returned to Lender unpaid, Lender may require that any or all subsequcnt payments duc under the Note and this Security Instrument 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 cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a fedeml agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments 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 accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the paymcnt or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insuffïcient to bring the LO<1n current, without waiver of any rights hereunder or prcjudice to its rights to refuse such payment (1r Pilrtial 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 unapplied funds, Lender may hold such unapplied hmds until Borrower makes 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 wiII 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 Ih'!Tower from making paymcnts due under the Note and this Security Instrument or pcrforming the C\1Venilnts and agreemcnts secured by this Security Instrument. 2, ^pplicntion of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied hy I ,endcrsh;¡1l be applied in thc following order of priority: (<1) intcrest due under the Note; (b) principal due under the Note: (c) amounts duc uncler Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became duc, Any remaining amounts shall he applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note, If Lender reccives a p;¡yment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge, If more than one Periodic Payment is outstanding, Lender may <1pply any payment received from Borrower to the repayment of the Periodic Paymcnts if, ilJl(! t(1 the extenl that, each pilymcnt can bc 1ilid in full. To the extent that any excess exists after the payment is ilPplicd to thc full payment of one or more Periodic Payments, such cxcess may be applied to any late charges due. Voluntary prcp;¡yments shall he applied first to any prepayment charges and then as described in the Note. Any applic;¡tion of p;¡yments, insurance proceeds, or tvliscellaneous Proceeds to principal due under the Note shall not cxtend or postpone the due date, or change the anwunt, of thc Periodic Payments, 3. Funds for Escrow Itellls. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurancc required by Lender under Sectim) 5; and (d) tvlortgage Insurance premillIll5, if any, or any sums payable by Borrower to Lender in lieu of the p<1yment of Mt'rtgilge Insurance premiums in accordance with the provision5 of Section 10. These items are called "Escrow lteIllS, " At origination or at any time during the tenn of the Loan, Lender may require that Community Association Dues, rees, and Assessments, if any, be e5uuwed by Borrower, and such dues, fees and assessments shall be an Escrow Item, Borrower shall promptly h¡rnish to Lender all notices of ;¡mounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Borrowcr'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 any time. Any such w<1iver may only be in writing, In the event of sueh waiver, Borrower shall pay directly, when and where paYilh1c, thc amounts due fi)r any Eserow Items for which payment of Funds has been waived by Lender and, if Lender rcquires, sh;¡1I furnish tn Lender receipts evidencing such payment within such time period as Lender may require, Borrower's obligali('n to make such payments and tp provide reccipts shall for all purposes be dcemed to be a covenant and agreement contained in this Security [mtrument, as the phrase "covenant and agreement" is used in Sectinn 9. If Borrower is obligated to pay Eserow Ilcms directly, pursuant to a waivcr, and Borrower fails to pay the amnunt due for an Escrow Item, Lender m;¡y exerci5e ¡Is rights under Section 9 and pay SlIch amount and Borrower shall then be obligated under Section 9 to rcpay tt' Lender any such amount. Lender may revllke the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section 15 and, upt'n such revoc<1li(1n, Borrower shall pay to Lender all Funds, and in such amollnts, that are thcn requircd IInder this Section 3, Lender may, at any time, collect ;¡nd hold Funds in an amllunt (a) sufficient to permit Lender to apply the Funds at the timc specified undcr RESPA, ;¡nd (b) not to exceed thc maximum amount a lender can require umler H[;:SPA, Lender shall estimate the amount of Fllntls due on the basis of current data and reasonable estimates of expenditures of f1Jture Escrow Items or otherwise in accordance with Applicahlc Law, The Funds sh;¡1I 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 B<1nk. Lender shall apply the Funds tn pay the Escrow Items no later than the time specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender PilYS Borrower interest on the Funds and Applicable Law permits Lender to make such a charge, Unless an agreement is 1ll;lde in writing nr Applicable I.aw requires interest to be p;¡ic1 on the Funds, Lender shall not be required to PilY Borrower any intcrest pr earnings (1n the Funds, Borrower and Lemler can agree in writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds as reqllired by RESPA, If there is il surplus of Funds held in escrow, as defined under HESPA, 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 .' WYOMING - Single Family, Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3051 1/01 Bal1~""'5 SVSIE'IT1$, Inc.. SI. Cloud, MN FCHfn MD-l-WY 8/')1/2000 (page 2 of 7 page<! ,I ~." ';n':~ 'i, --li't .~) () ,':. C: 8 shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amuunt necessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly paymènts, If then: is a deficiency of Funds held in escrow, as defined under RESP A, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly paymellts, Upon payment in full of all sums secured by this Security Instrumem, Lender shall promptly refund to Borrower any Funds held by Lender. 4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, amI impositions attributable to the Property which can attain priority over this Security Instrument, kasehold payments or gruund rents on the j'mperly, if any, and Community Assuciation Dues, Fees, and Assessments, if any, To the extent that these items are Escrow [¡ems, Borrower shall pay them in the mal1lu:r provided in Section 3, Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a mal1l1er acceptable to Lender, but only so long as Borrower is performing such agrt:ement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of lhe lieu while those proceedings are pending, but only until such proceedings are concluded; or (c) securt:s from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrumt:nt, Lender may give Borrower a notice idelltifying the lien, Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of lhe actions set forth above in this Section 4. Lender may require Borrower to pay a Ime-time charge for a real estate tax verification and/or reporting service used by Lender in cO/IDection with this Loan. S. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the telll1 "extended coverage," and any other hazards including, but not limited to, earthquakes and t1oods, for which Lender rt:quires insurance, This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires, What Lemler requires pursuant to [he preceding sentences can change during the term of the Loan, The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borwwer's choice, which right shall nut be excrcised unreasonably, Lender may require Borrower to pay, in connection wilh this Loan, eilher: (a) a one-lime charge for flood zone determination, certification and tracking services; or (b) a one-time charge for t10ud zone determination and certification services and subsequent charges 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 cunnection with the review of any t100d zone determination resulting from an objection by Borrower, If Borrower fails to maintain any uf the coverages described above, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no ubligation to purchase any panicular 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 Jesser coverage than was previously in effect. Borrower acknuwledges that !lIe cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained, Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. 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 insurance policies requirt:d by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/lJr as an additional loss payee. Lender shall have Ihe right to hold the policies and renewal certificates, If Lende:r n:quires, Borrower shall promptly give to Lender all receipts of paid pre:miums and renewal nutices, If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Properly, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional Joss payee, In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lendt:r 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 appJitd to n:storalion or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not Jesse:ned, During such repair and restoration period, Lender shall have the right to hold such insurance 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 disburse proceeds for llle repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest tu be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds, Fees for public adjusters, or other third parties, 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 nut econumically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance procecds shall be applied in the order provided for in Section 2. If Borrower abandons the Property, Lender may file, negutiate and settle any available insurance claim and related matters, If Borrower does not respond within 30 days to a notin: from Lender that the insurance carrier has offered to settle a claim, then Lender may negotiate and settle the claim, The 3D-day period will begin when the nutice is given, In either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid undcr [he Note or this Security Instrument, and (b) any other of Borrower's rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property, insofar as such rigllls are applicable to thc ClJVerage of ¡he Property. Lender may use the insurance proceeds eitlu:r to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due, 6. Occupancy. BOITowt:r shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy Lhe Properly as Borrower's principal residence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspections. UO!Tuwer shall not destroy, damage or impair the Property, allow the Property tu deteriorate or commit waste on Lhe ProperlY, Whether or not Borrower is residing in the Property, Borrower shall maintain the Property in order to preveut the Property from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible, Borrower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage 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 purpOSes, Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condt:mnation 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. WYOMING· Single Family· Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Foron 3051 1/01 Banke,. Sy.lem',lnc.. St. Cloud, MN fOlln MO'1'WY 8/21/2000 (¡,alie 3 of 7 pug,,') __ -- :¡¡ ", l"\ ('; "', ,", 9 '.- ~,,) t~ ),-.t~) " Lellll~r or its 3ge.nt n~3Y make l:eason3b1c entries IIpon amI inspections of the Property, If it has re3sonable è3!ISe, Lendcr m3Y IIlspect thc IIllenor of the Improvements on the Propertv, Lender shall give Borrower notice 3t Ihe lime of or prior 10 such an interior inspcction specifying such reasonable cause, - 8, Borrower's Loan Application. Borrowcr ,~hall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrowcr or with Borrower's knowledge or consent gave materially falsc, misleading. or imccurate information or statements to Lender (or failed to provide Lendcr with material information) in connection with thc Loan, Malerial represent3tions include, but are not limited to, repre~entations concerning Borrower's occupancy of thc Pn)perty as Borrower's principal residence, 9. Proteclion of Lender's Interest in the Property :md Rights Under this Security Instrtlment. If (a) Borrower fails to pcrfnrm the covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affcct Lender's interest in the Property ami/or rights under this Security Instrument (such as a proceeding in bankruptcy, prob3te, for condemnation or forfeiture. for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations), or (c) Borrower has abandoned the Property, thcn Lender may do ,111<1 pay for \vh3tevcr is reason3ble or appropriate 1<1 protect Lender's interest in the Property and rights under this Security Instrument, including protecting 3nd/or assessing the value of the Property, and securing and/or repairing the Property, Lendcr's actions can include, bllt are not limitcd to: (a) paying any sums secured by a lien \vhich h3s priority ovcr this Security Instrumcnt; (b) 3ppc3ring in court; and (c) p3ying re3.~onable altorneys' fees tt) protecl its interest in the Property and/or righls under this Security Instillment, including its secured position in a bankruptcy proceeding, Securing the Property includes, but is not limited to, entering the Propcrty to make repairs, change locks, replace or board up doors and windows, dr3in water fwm pipes, eliminate building or othcr code violatiolls or dangerous conditiolls, and have utilities turned on or off. Although Lendcr may take action under this Section 9, Lender does not have to do so and is not under any duty or (1bligation to do so, It is agreed th3t Lender incurs no liability for not taking any or aH actions authorized under this Section 9, Any 3mOUIJt.~ di~hursed by Lender under this Section 9 sha11 become additional debt of Borrower secured by this Security Instrument. Thesc anwunts sh3H hear intere~t 3t Ihe N(Jte rate from the date of disbursement and shaH be payable, with such interest, \lp(Jnnotice fr()ln Lender to Borrower reque~ting p3yment. If this Security Instrument is on a Icasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fce title to the Property, the leasehold and the fee title shaH not merge unless Lender agrees to the merger in writing, 10, Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower sh311 P3Y the premiIJTl1s required to 1113intain the Mortgage Insmance in effect. If, for any reason, the Mortgage Insmance cover3ge required by Lender ceases tn be available from the mortgage insurer that previously provided such insurance anel Borrower W3~ required to make separately "c~ignatcd payments toward the premiums for Mortg3ge Insurance, Borrower shall P3Y the premiIJms rcquired to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalcnt to the cost to Borrower of the Mnrtgage Insur3nce previously in effect, from an alternate mnrtg3ge insurer selected by Lender. If subQ3ntially equivalent Mortgagc Insurance coveragc is not available, Borrower sh3H continuc to pay to Lender the amount of the separatcly designated payments that were due when the insurance coverage ceased to be in effect. Lender wi1l accept, use and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insmance. Such loss reserve shall be non-refundable, notwithstanding the fact thai the Loan is ultimately p3id in full, and Lender shall 110t be required to pay Borrower any interest or earnings on such loss reserve, Lender can no IOllger require loss reserve payments if 1\.lortgage Insurance cover3ge (in the amount and for the period that Lender requires) provided by an insurcr selected by Lender again becomes available, is obtained, and Lender requires separately dcsignated payments to\v3rd the premiums for Mortgage In~urance. If Lender required Mortgage Insurance as a condition of making the L031l and Borrower wa~ required to make separately designated p3yments toward the premiums for Murtg3ge Insurance, BmTower shall pay the premiums required to maintain Mortgagc Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requirement fpr Ì\1ortgage Insurance ends in accordance with any written agrccment between Borrower 3nd Lender providing for such termination or until tennination is required by Applicable Law. Nothing in this Section to affects Borrower's obligation to pay interest at the rate provided in the Note, Mortgage Insurance reimburses Lcnder (or any entity that purchases the Note) for certain losses it may incur if" Borrower does not repay the LOðn as agreed, Borrower is n[1t 3 party to the rvIortgage Insurance, Mortgage insurers evaluate their total risk Oil all such insurance in force from time to time, and may enter into, 3grccments with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditiom that are satisfactory to the mortgage insurer anel the other party (or parties) to these agreements, These agrcements !my rcquire the IIwrtgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds ohtained 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 th3t derive from (or might be characterizcd as) a portion of Borrower's payments fpr Mortgage Insurancc, in exchange for sharing ('r modifying the mortgage insurer's risk, or reducing losses, If such agrecment provides that an affiliate of Lender takes a share of insurer's risk in exchangc f()r a share or the premiums paid to the insurer, thc anangemcnt is often term cd "captive reinsurance." Furthcr: (a) Any such agreements "ill 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 lIIay include the right to receive certain disclosnres, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance terminated automatically, and/or to receive a refund of any Mortgage Insurance premiums that were tmearned at the time of such cancellation or termination. n. Assignl11cnt of J\Hscellaneous Proceeds; Forfeiture, All Misccllaneous Proceeds are hereby assigned to and shall be paid to Lender. If the i'ropcrty is d3l11agcd, such Miscellaneous Procceds shall be applied to restorMion or repair of the Property, if the restor3tion or repair is economically feasible and Lender's security is not lessened, During such repair and restoration period, Lender shall have the righl to hold such ~vl iscellancous Proceeds until Lender h3s had an opportunity to inspect such Property to ensure thc work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly Lender may p;ty for the rep3irs and restoration in a single disbursement or in a series of progress payments a,~ the work is completcd, Unless 3n agrecment is made in writing or Applicable Law requires interest to be paid on such tvl iscellaneous Proceeds, Lender shall not be required to pay Borrower any interest or earnings on such Misccll3neous I'n,ceeds, If the restoration or repair is not economically feasible or Lender's security would be lessened, the Miscellaneous Procccds shall be 3pplied to the sums sccured by this Security Instrllment, whether or not then duc, with the excess, if any, p3id to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in Section 2. In the event of a tot31 taking, destrllction, or loss in value of the Property, the Miscellaneous Procccds shall be applied to the SUTns securcd by this Security Instrument, 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 f3ir market value of the Property immediately before the partial (¡¡king, destrtlction, or loss in value is equal to or greater than the amount of the sums ~ecurcd by this Secnrity Instrument immediately before the partial t;¡king, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by the WYOMING· Single F~rnily - Fannie Mae/Fredc!ie Mac UNIFORM INSTRUMENT Form 3051 1/01 Bankers Sy~t~rn5.lnc., St. Clo!/d, MN Form MD-1-V\'Y 8/21/2000 (page 4 of 7 pages) ,.., 'i't "-irL¡-' r"' !..\ {-.. :i (1 ·;""....0 amount of the Miscellaneous ProceeJs multiplied by the following fraction: (a) the total amount ,)f (he slims secured immediately before the partial taking, destruction, or loss in value divideJ by (b) the fair market value of lhe Property immediately before the partial taking, Jestruction, or loss in vallie. Any balance shall be paid to Borrower. In the evel1l of a partial taking, destruction, or loss in value uf the Propclty in which the Ltir marker value of the Property immediately before the partial taking, destrucli\Jn, or loss in value is less than the amount oì the ~lJnS se:cured immediately before the partial taking, Jestruction, or loss in value:, unless Burrower and Le:nJer utherwise: ,¡gre:e: in writing, the: Miscellancous Proceeds shall be applied to the surns secure:d by this Security Instrume:nt whdher or nut rhe: sums are then due, If Lhe 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 awarJ to sèltle a claim fur damages, Borrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the tvliscellaneolls Proceeds either to resturation or repair of the Property or to the sums secure:J by this Stcurity Instrument, whether or nOL then due. "Opposing Party" means the third party that uwes Borrowa Miscellaneous ProceeJs or the: party against whom Borrower has a right of action in regard to Miscellane:ous Proceeds. Borrowe:r shall be in default if any action or proce:e:ding, whdher civil or criminal, is begun that, in Ixnde:r's judgme:nt, could result in forfeiture of the Property or other material impairment of Lenda's interest in the Property or rights under this Security Instrument. BOffl>wer can cure such a default am!, if acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of Lender's interest in the Properly or rights under this Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairllle:Jlt 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 proviJed for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums se:cured by this Se:curity Instrument granted by Lender tu Borrower or any Succe:ssor in Interest of Borrower shall not operate to release the liability of Borrower or any Successms in Interest of Borrower. Lemler shall not be required to commence proceedings against any Successur in Interest of Borrower or In refuse to extend time for payment or otherwise modify al11urtization of the sums secureJ by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any fmbearance by Lender in exercising any right or remedy including, without limitation, Le:J1Ller's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts kss 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 Hound. Borrower covenants and agrees that Borrower's ubligations 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-signing this Security Instrument unly to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Inkrest of Borrower who assumes Borruwer's obligatinns under this Security Instrument in writing, and is appruveJ by Lender, shall ubtain all of Burrower's rights and benefits under this Security Instrument. Borrower shall not be released ¡¡-<>In Borrower's nbligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of Ihis Security Instrument 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 performeJ in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuatilHl fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall 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 maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceedeJ permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. II 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 uf any right l)f action Borrower might have arising out of such overcharge. 15, Notices. All notices given by Borrower or LenJer in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrumelll shall be detmed 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 anyone Borrower shall constitute notice to all Borrowtrs unless Applicable Law cxpressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender, Borrower shall promptly notify Lender of Borruwer's change of address. If Le:nder specifies a procedure !(¡r reporting Borrower's change of address, then Borrower shall only report a change of address thnJllgh that specified procedure. There may be otDy one designated notice address under this Security Instrument at anyone time. Any notice to Lender shall be given by delivering it or by mailing it by jrst class mail to Lender's address sta!èd herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall nul be deemed to have been given to Lender until actually received by Lender. If any notice required by this Securily Inslrument is also required under Applicable Law, the Applicable Law requirement will satisfy the curresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Stcurity InSlrLnnent shall be governed by federal law and the law of the: jurisdiction in which the Property is localed. All rights and obligatinns conlaintd in this Security Instrument are subjecL to any requirements and limitations of Applicable Law, Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silenct shall not be construed as a prohibilion against agreement by conLract. In the event that any provision or claus.: of this Se:curity Instrument or lhe Note cont1icts with Applicable Law, such contlict shall not affect other provisions of this S¡;curity Instrument or the Note which can be given effect without the cont1icling provision. As used in this Security Instrument: (a) words of the: masculine gender shall mean and include corresponding neuter words or words of the feminiœ 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 uf this Security Instrument. 18. Transfcr of the Property or a Beneficial Intercst in Borrowcr. As used in this Seclion 18, "¡nlerest in the Property" means any legal or be:neficial interest in the Pruperty, including, but nut limited to, those beneficial interests WYOMING· Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3051 1/01 Banke!s Systerns.lnc., St. Clúud, MN FOHn MO-l·WY 8/21/2000 (jJage 5 ur 7 jJages) , , - ~.: ~- nt¡. '1.1' . '..-" ~ '..I -',~ ' transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which i~ the transfer of title by Borrower at a future date to a purchaser. If all or any part pf the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may ~eCuire immedi;.\le payment in full of all sums secured ny this Security Instrument, However, this option shall not be exercIsed by Lcnder If such exercise is prohibited by Applieablc Law, If Lemler exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19, Borrower's Right to Reinstate After ,\ccc1eration. If Borrower mcets certain conditi()ns, Borr()wer shall have the right to have enforcement of this Security Instrument disCf\ntinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicanlc Law might spccify for the terminati()n 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 sums which then wou1d he due under this Security Instrul1lcnt and 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 Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and vall1ati(\Tl fees, amI other fees incurred for the purpose of protecting Lender's interest in the Property am] rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument, and Borrower's obligation to pay the quns secmed by this Security Instrument, shall continue unchanged, Lender may reljuire that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasmer's check or cashier'~ check, provided any such check is drawn upon an institution whose dcpnsits are insured by a federal agency. instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Bn!Tnwer, this Secmity Instrument and obligation.s secured hereby shall remain fully effective as if no acceleration had occurred, 1!()\vcver. this right to reinstate shall not apply in the case of acceleration under Section 18, 20. Sale of Note; Change of Loan Servicer; Nolice of Grievance. The Note or a partial interest in the Note (together with this Sccurity Instrumcnt) can be sold one or more times without prior notice to Borrower. A sale might resul! in a changc 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 undcr the Note, this Security Instrument, and Applicable Law, There also might be one or more changes of the Loan Serviccr unrelated to a sale of the Note. If there is a change of thc Lnan Servicer, Borrower will be givcn written notice of the change which will state the name and address of the new Loan Serviccr, the address to which payments should be made and any other information RESPA requires in connection with a notice of transfcr of servicing. If the Note is sold and thcreafter the Loan is serviced by a Loan Scrvicer other than the pmchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a succcs~or Loan Scrvicer and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser. Neithcr Born1wcr nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant or the l1lembcr 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 Security Instrument, until such Borrower or Lender has notified the other party (with such notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the other party hercto a reasonable period after the giving of such notice to takc wrrective :1Ic'!ion, If Applicable Law provides a time pcriod which must elapse before certain action can be taken, that time period will be deemed to be reasonable for purposes of this paragraph, Thc notice of acceleration and opportunity to CUlT given to Borrowcr pursuant t() 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 Suhstanees. As used in this Section 21: (a) "Hazardous Substances" arc those substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, .. kernscne, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde. and radioactive materials; (b) "Environmental Law" means federal laws and laws of . the jmisdictinn whcre the Property is locatcd that relate to health, safety or environmental protection; (c) "Environmental' Cleanup" includes any responsc action, remedial action, or rcmoval action, as defined in Environmental Law; and (d) an "Enviromnenlal Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. Borrower shall not cause or permit the presence, use, disposal, storagc, or release of any Hazardous Substances, or threaten to release any Ha7ardo1Js Substances, on nr in the Property, Borrower shall not do, nor allow <1nyone else to do, anything affecting the Propcrty (a) that is in violation of any Environmental Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely affects the value of the Property, lhe preceding two sentcnccs shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous SUnstances that are gencrally recognized to be appropriate to normal residential uses and to maintenance of the Propcrty (including, but not limited to, hazardous substances in consumer products). Born1\ver shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action by any governmcntal ()r rcgulatory agency or private party involving the Property and any Hazardous Substance or Envin\nmcntal Law ()f which Borrower has actual knowledge, (h\ any Environmental Condition, including but not limited to. any spilling, Icaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused hy the presencc, use pr rclr;lse of a Hazard()us Substance which adversely affccts the value of the Property, If Borrower learns, or is notified by any g'1Vernmcntal or regulatory authority, or any private party, that any rernpval or other remedia'ion of ;my I!;mmlous Substance a ffecting 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 Environmcntal Cleanup, NON-UNIFOIUvf COVENANTS. Borrower and Lcnder further C!1venant and agree as follows: 22, Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action re{Juired to cure the defanlt; (c) a dilte, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; ~lJ1d (d) that failure to cnre the default on or before the date specified in the notice may result in acceleration of the snms secured by this Security Instrument and sale of the Property. The notice shall further inform BOlTmver of the right to reinstate after acceleration and the right to bring a court action to assert the lion-existence of il default or ;1I1V other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in tb~ notice, Lender at its option may reqnire immediate pa}'ment 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 hy Applicilble Law. Lender shall be entitled to collect all expenses inCllrred iu pursuing the remedies provided in this Seelion 22, including, hut not limited to, reasonable attorneys' fees and costs of title evidence. If Lender invokes the power of sale, Lender shall ghe notice of intent to foreclose to Borrower and to the person in possession of the Property, if different, in accordance with Applicahle Law. Lender shall give nf.1tice of the WYOMING - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3051 1/01 Bankers Systl'!rns, Inc" St. Cloud. ~NJ Form MD-I-WY 8/21/2000 (page 6 of 7 pag"') ·¡.Y ,., ," .( ( ,>[··1 r· ~""I ,.... ............) '.' :"~ ~) I .j .1. i.~ sale to Borrower in the manner provided in Section 15. Lender shall publish the notice of sale, and the Proµerty shall be sold in the manner prescribed by Applicable Law. Lender or its designee may purchase the Proµerty at any sale. The proceeds of the sale shall be applied in the foJ¡ming (¡rder: (a) to all expenses of the sale, includiug, hut not limited to, reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) an)' excess to the person or persons legally entitled to it. 23. Release. Upon payment of all sums secured by Ihis Security Instrument, Lender shall release this Security Instrument. Borrower shall pay any recordation costs. Lender may charge Borrower a fee for releasing this Security Instrument, but only if the fee is paid to a third party for services rendered and the charging of [he fee is permitted under Applicable Law. 24. \Vaivus. Borrower releases and waives all rights under and by virtue of the humestead exemption laws uf Wyoming. BY SIGNJNG BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instfllment and in any Rider executed by Borrower and recorded with it. ./ <1// " . /1 r /" // /1 / ., , . ,. d ---_ ,. . ~£/ ~ .~- '''/) .~ -/'f)¿' .(r~2/!d...(~/. ' " '~li;~A~~¡fTT" L...~..... . Ii. ....................... '''Ü~r~~~':: , ,. .., .. , .. . ,.. .. . ,. , , ,. . .. . , . ,. , ' , . . .. . , . .. . ... , .. . , . ,. , , , , , . , , .. ... ... . , . . , . . , , . ,. . , ., (Seal) - Borrower [Space Below This Line For Acknowledgmentl STATE OF WYOMING, ........................ ¡u/\.<,.<n{.~).., ............ "'" County ss: The foregoing instrument was acknowledged before me this ,l1.·Z.V,Q05....,..""",..,..,.".,...,..,.""."...."."...... (date) by .~~,AQ~fY. ßA~~nT . . . . . . . . , . . . . . , . . . . . . . . , . , . , . . . . , , , . , , , , , . . . . . . . , . . . , , , , , , , , . . , . . . . . . . . . , . . . , . , , , . . . . . . . , , . . , . , . . . . . . . , . , . ' , , , , . . , . , , . , , . . , . . , . (person acknowledging) _;/ ,) ~, / Z/;/'/" ,.I ;- ,/ //. .' ~ / /> ,- /,'/"1 /. f /~/ . . . , . . . , . . , . . , . ::, . < . . ,t/.~, , ~ ~.:~<. .;. ... ./'. ? :<~":-.--. , . . . . . . , , . . . . , , . , ' , . , , , . ' . , , , , . , , , , , . . ..,"_..~~ I Notary Public LANCE P. F\OßiÑ$"ö'~ötWÞüBtTC'~' / <11'- STATE Of CûutffY OF ~,~', L ':, W{OMING UNCOLN ".'r,' "? G - ^~ / ~: , ' '-; -j,dJ:(J9 /) MY CO!;A~ISSIQ~j.~~~,.,,~ ,. " M .' ,-') . IS( -)(..1 u "'/ y commission explœs. J v/,{) WYOMING - Single Family - Fannia Mae/Freddie Mac UNIFORM INSTRUMENT Bankers Systt:III£, Inc., SL Clc..ud, tAN fOHT¡ MD'l~WY 8/21/2000 Form 3051 1/0 1 (¡,,¡~e 7", 7 1"/'>'·') ;1; ;"., \ .~ ,. II :} (t ."" I[ ~.. (; c , " .~, 3 PAYMENT RIDER THIS PAYMENT RIDER is made this ,?4NQ.,.......,.. day of .NQYç~.~~.~,)Q~~.............. and is incorporated into and shall be deemed to ämend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument") of the same date given by the undersigned ("the Borrower") to secure Borrower's Note to ,.. r~~..~~,~.~ .Q.F..~T.~R ,~~.~~~X,)~~,..... . W ~.~HI@T.q!t~T.~~.u/,~.Q ,~P~JQQL~f.1Q~/. WY.. ß.F1.9, .. ... . .. ... ... ... ... .. , . .. . .. . , . ... ... .. . ... ... ... . .. ... ... ,.. , .. , , .. . .. .. . .. .. .. .. , . .. , .. . .. . .. .. . . .. , .. . , . .. , .. . , .. . .. .. . .. . .. . .. , . .. . .. . .. .. . .. . .. . , .. , .. . .. .. . .. . .. ., (" th e Len d e r ") 0 f ~~~?l~H~f?~4,f,:~~T.q~,~~.~~~~.1r.~:.~.r.t,~. ~~,~~.r.i~~.~ ,i.~. ~.~~. .~.~~.~~~~~ .1.r~~.t.r.~J.'~~.'~~, ~.~~ .I.~~~,t.~~ .~~: (Property Address] ADDITIONAL COVENANTS, In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A, PERIODIC PAYMENTS OF PRINCIPAL AND INTEREST The Note provides for periodic payments of principal and interest as follows: 3, PAYMENTS (A) Periodic Payments I will pay principal and interest by making periodic payments when scheduled: o I will make .........,.......,........ payments of $ ...........................,....................,....... each on the .................,........".....................,.........................,.."..."..........,............ of each .."..,..........,...................."..,.....,...........,.........".."......,......".....,.............,... ...........,.......................,...... beginning on ,..,..,............."....,..........,..."..."...,......... !XI I will make payments as follows: 23 MONTHLY PAYMENTS OF $596,58 BEGINNING 12,01-2005. !XI In addition to the payments described above, I will pay a "Balloon Payment" of $ .~~!~4?:.1.9...........,........ on ..1.1,:Q,l)QQ?............................,.......,..... . The Note Holder will deliver or mail to me notice prior to maturity that the Balloon Payment is due. This notice will state the Balloon Payment amount and the date that it is due. (B) Maturity Date and Place of Payments I will make these payments as scheduled until I have paid all of the principal and interest and any other charges described below that I may owe under this Note, My periodic ·11 b I' d' b f P" I If 11 01 2007 payments WI e app Ie to mterest e ore nnClpa, ,on ....:..:,....................................., I still owe amounts under this Note, I will pay those amounts in full on that date, which is called the" Maturity Date." I will make my periodic payments at .}~~.~.~.~~,IN~.19H~TR~~.T!.~f.19.~!.Wy,~.n19.................. .................................................................................................................................. ................................................................................................................................... ........................................................ or at a different place if required by the Note Holder. MUl TIPURPOSE FIXED RATE PAYMENT RIDER (MUL TIST ATE) Bankers Systems, Inc., St, Cloud, MN Form MPFR-PR 6/15/2004 ref: MPFR-MN (page 1 of 2 pages) " ~'~ (; c; ".~ .~~. ~'1 o B. FUNDS FOR TAXES AND INSURANCE Uniform Covenant 3 of the Security Instrument is waived by Lender. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Payment Rider. ;/ ~ "./;7 , ? ~&;; " .y ./.;/--'-' ,;~ / /'1' " '¿. ");';,Þ. //¿<-;/ I: j,.. h.tC '. ?'jí::/:. ¡., (.',. .--::...lP...... .......... (Seal) BRADlEY BA9SETT -Borrower .. . . .. , , , .. , . .. .. . . .. .. . .. . . , , . , , .. , .. . . .. .. . .. . , , . , .. . ... (S e a I ) -Borrower Bankers Systems, Inc., St, Cloud, MN Form MPFR-PR 6/15/2004 (page 2 of 2 pages) i!· I I, " /j L-iJ. '.......,' f_ (" (,~ C" :' ~...- ',- '.. u '_' ,1, oJ SCHEDULE C The land referred to in this commitment is situated in [he State of Wyoming, County of Lincoln, and is described as follows: Part of Section 7, T31N R118W of the 6th P.M., Lincoln County, Wyoming being more particularly described as follows: .. Beginning at the Northwest corner of said NW~SW~ of said Section 7; thence running East 16 rods; thence South 525 feet; thence West 16 rods; thence North 525 feet to the point of beginning. EXCEPTING THEREFROM land contained in Warranty Deed recorded May I, 1929 in Book 16 of Deeds on page 124 of the records of the Lincoln County Clerk. EXCEPTING THEREFROM land contained in Warranty Deed recorded June I, 1982 in Book 187PR on page 605 of the records of the Lincoln County Clerk. EXCEPTING THEREFROM land contained in Quitclaim Deed recorded April 18, 1995 in Book 367PR on page 147 of the records of the Lincoln County Clerk. 11/91