HomeMy WebLinkAbout914128
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After Recurding RelUrn To:
Taylor, Bean & Whitaker Mortgage Corp.
1417 North Magnolia Ave.
Ocata, FL 34475
REC EIVED 12/2/2005 at 10:44 AM
RECEIVING # 9-14128
BOOK: 606 PAGE: 499
JEANNE VVAGt~ER
LlNCOU~ COUNTY CLERK, KE~vIIV\ERER, VVY
rSpace Aou, e This Line Fur J{ecurding Data]
MORTGAGE
~1IN:100029500009779350
A \ (it1 t DEFINITIONS
Words used in multiple sections of this document are defined below and other words art dtfintd in StcLions 3. J j, 13, ] t:, 20
and 2 I. Certain rules regarding the usage of words used in Lhis documenL are also provided in Section 16.
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(A) "Secul"ity Instrument" means this documtl1l, which is dated November 29,2005
Riders to this document.
, L(Jgether wiLh all
(ll) "Horrower" is ROBERT HOLLIS and PATRICIA HOOD
Borrower is the mongagor under this Security InsLrument.
(C) "MERS" is Mortgage Electronic Registration Systems, 1nc. MERS is a separate corporation that is acting solely as a
nominee for Lender and Lender's successors and assigns. MERS is the mortgagee under this SeclIl"ity 111strument. l\1ERS
is organized and existing under the laws of Ddaware, and has an address and telephone numbtr of P.O. Box 2026, FliI1l, Ml
4850]-2026, LeI. (888) 679-MERS.
(D) "Lender" is Taylor, Bean & Whitaker Mortgage Corp.
Lender is a a Florida Corporation
the laws of FL
1417 North Magnolia Ave, Ocala, FL 34475
organized and existing under
. Lender's addre,s is
(E) "Nute" means tht promissory noLe signed by Borrower and dated November 29, 2005 . The NUle
staLes that Borrower OWts Lender Three Hundred Sixty Seven Thousand Two Hundred and no/100
Dollars (U.S. $ 367,200.00 ) plus interest. Borruwer has prumised
to pay this debt in regular Periodic PaymenLs and to pay the debt in full not later than December 01, 2035
(F) "Property" Il1tans lhe properly thaL is desl-ribed below undèf the heading "Transfer of Rights in the Properly."
\\'YOillJJ'\G-SII1gle FamiJy-Fallllie J\Jae/Freddie J\Jac UJ'\JFORJ\J JNSTJWMEJ'\T
ITEM T2769L 1 (0011 )-MERS
(I'age 1 01 1 ~ pagní
Furm 3USJ IIUI
GREr.1LAf'JD Ii
10 Ùn:Jer Cail: 1-800' 530-8:393 0 fax: 6 i6-79l-11J1
/111111111111111111111111111111111111111111111111111111111111111111III
'024110977935'
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(G) "Loan" means the debt evidenced by the Note, p]us interest, any prepayment charges and late chargcs due under the
Note, and all sums due under this Security Instrument, plus interest.
(H) "Riders" means all Riders to this Security lnstrument that are execuwd by Borrower. The folluwing l~iders are to be
executed by Borrower [check box as appJicable]:
D Adjustable Rale Rider
D Condominium Rider
W Second Home Ridcr
D BaJJoon Rider
D Planned Unit Del'e1upment Rider
D Other(s) [specify]
D J -4 Family Rider
D Biweekly Payment Rider
(I) "Applicable Law" means aJJ controlling appJicablc federal, state and local statutes, regulations, urdinanc<:s and
administrative rules and orders (that have the effect of L.t\\') as weJJ as all applicabJe final, non-appealable judicial upinions.
(J) "Community Association Dues, Fees, and Assessments" means aJJ dues, fees, asseSSlllcnts and uther charges that arc
imposed on Borrower or the Properly by a condominium associatiun, homeowners association ur sin Ii Jar org'li1Ìzatiun.
(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by chL'ck, draft. ur
similar paper instrument, which is initiated through an elecllunic terminal, telephonic instrument, computer, or lnagnelic tape
so as 10 order, instruct, or authorize a financial institution to debit or credit an account. Such lcrm incl udes, but is nOl limited
to, point-of-sale transfers, automated teller machine transactions, transfers inlliatèd by telephone, lI'irè transfers, and
automated clearinghouse transfers.
(L) "Escrow Items" means those ilems thaI are described in Section 3.
(1\1) "1\Iiscellaneous Proceeds" means any compensation, settJement, award of damages, or pnH':C:èds paid by any third
party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the
Property; (ii) condemnation or other laking of all or any part of the Properly; (iii) conveyance in lieu of cOl1(kmnaLion; or
(iv) misrepresentalions of, or omissions as to, the value and/or condition of the Properly.
(N) "1\lortgage Insurance" means insurance protecting Lender againstlhe nonpayment of, or default on, the Loan.
(0) "Periodic Payment" means the regularly scheduled amounl due for (i) principal and imere,¡ undn the NOlè, plus
(ji) any amounts under Section 3 of this Security lnstrurnent.
(1') "RESPA" means the Real Estate Seltlemc:nt Procedures Act (12 USe. §26OJ et seq.) and ilS implementing regulation.
Regulation X (24 e.F.R. Part 3500), as they might be amended from time to lime, or any additional or ,uccessur legislation
or regulation that governs the same subject matter. As used in this Security lnslrumC:l1I, "RESPA" refers lU all requÜemcl1ls
and restrictions that are imposed in regard 10 a "fL'deral1y reJalèd mortgage loan" el'en if thc Loan doc:s nol qualify as a
"federally related mortgage loan" under RESPA.
(Q) "Successor in Interest of Burrower" means any party that has taken titk to the Prnpcny, whclher ur not that pany has
assurned Borrower's obligations under the Note and/or this Security lnstrument.
WYOMING-Single Family-Fannie !\lae/Freddie J\laL Ur\IFORl\IINSTRLl\IE1\T
ITEM T2769l2 (0011 )-MERS
(I'ug" 2 un 2 fJu~t'J)
Fur1U30511/01
GREA lLAr JO ill
Tu Oraer Cdll: H.!ÜU- 530-9393 [] I <J.A. G 16-781-1; :.11
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TRANSFER OF RIGHTS IN THE PROJJERTY
This Security Instrument secures to Lender: (i) the repayment of the Loan, and a]l renewals, extelbiullS and rnodificatiulb of
the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note, For
this purpose, Borrower does hereby mortgage, grant and convey to 1\lLRS (solely as nominee fur Lender and Lender's
successors and assigns) and to the successors and assigns of MERS, with power of salt, the following describc:d property
located in the County of LINCOLN
[Type of Recording JurisdicIion] [Name of Recording JurisdiClion]
See Attached Exhibit A.
which cunentl y has the address of
788 COUNTY ROAD 100
¡Slreel]
ALPINE
ICily]
, Wyoming
83128
[Zip Code]
("Property Address"):
TOGETHER \VITH aU the improvements now or hen::after erected on the properly, and aU easemems, appurtenances,
and fixtures now or hereafter a part of the properly. AU rep]acemc:ms and additions shaU also be covered by this Securit)
Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees
that MERS holds unly legal title to the interests granted by Borrower in this Security Instrument, 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 aU
of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of
Lender including, but not limited to, releasing and canceling this Security Instrument.
BORROWER COVENANTS that Borrower is lawfuUy seised of the estate hereby conl'cyed and has the right to
mortgage, grant and convey the Property and that the Property is unencumbered, exccpt for eJJcum[nances of record.
Borrower warrants and will defend generally the title LO the Propeny against all claims and demands, subject to ,111)
encumbrances of record.
TIns SECURITY INSTRUMENT combines uniform covenants for national use and non-Ul¡jfurm covenants with
limited variations by jurisdiction to constitute a uniform security instrument covering real property.
UNIFORM COVENANTS. Borrower and Lender covenant alld agree as follows:
1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Chargts. Bormwer shaH pay
when due the principal of, and interest on, the debt evidenced by the NOll' and any prepaymelll 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 and this
Security Instrument shall be made in U.S. cunency. However, if any check or other instrument received by Lender as
payment under the Note or this Security Instrument is returned to Lender unpaid, Lcnder may require thai any or all
subsequent payments due 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', check or cashier's check, provided
any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or elllity: ur
(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 rnay return any payment or
IITOMING-Single Family-Fannie l\Iae/Freddie l\lac UNIFORI\IINSTRUMENT
ITEM T2769L3 (0011 J-MER5
(Puge 3 ufl] pages)
10 Gruel' Call
Form 3051 1/01
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partial payment if the paymem or partial paymenLs are jllSufficient LO bring the Loan current. Lender may alTept any pay¡nent
or partial payment insufficient 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 acœpted. H each Periodic PaYIile::nt is applied as of its scheduled due date, then Lender need not pay inLe::re::sl on
unapphe::d funds. Lender may hold such unapplied funds ulllil BLHTowe::r makes paynlenl to bring till' L.cJan current. H
BOITower does not do so within a reasonable pe::rjod of time, Lender shall either apply such funds or return them to Borrower.
If Hot applied earlier, such funds will be applied to the outstanding principal balance under the Note iml11c:diattly prior to
foreclosure. No offset or claim which Borrower might have now or in the future against Lender shaH rtlicve Borrower from
making payments due under the Note and this Security Instrument or performing the covenants and agrc:c:ments secured by
this Security Instrurnenl.
2. Application of Paymcnts or Procccds. Except as otherwise described in this Section 2, ajJ payments accepted
and applied by Lender sha]] be applied in the fo]]owing order of priority: (a) interest due under thc Note; (b) principal due
under the Note; (c) amounts due under Section 3. Such paymeJllS shajJ be applie:d to each Periodic Payment in the: ordtr in
which it became due. Any remaining amounts shall be applie:d first to late chargt:" stcond to any other amounts dUt' under
this Security Insu'ument, and then to reduce the principal balance of the Note.
H Lender receives a payment 1'1'0111 Borrower for a delinljuent Periodic Payment which includes a sufficient amount to
pay any late charge due, the payment may be applied to the dclinquCJll payment and the late charge. Jr more than ont I\:¡iudic
Payment is oUlstanding, Lender may apply any payment received from BOlTower to the repayment of the Periodic P~,ymeJits
if, and to the extent that, each paymem can be paid in full. To the exteJll that any excess cxists after the payment ¡, applic:d to
the full payment of one or more Periodic Payme:nts, such e:xCtss may be applie:d to any ]ate eharges due, Voluntary
prepayments sh:.dl be applied first to any prepayment charge:s 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 amount, of the: Ptriodic Paynltnts.
3. Funds for Escrow Items. Borrower shall pay to Lender on the: day Periodic Payments are due umItr the Note:,
until the Note is paid in full, a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and as,'-,essments and
other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) kasehuJd
payments or ground rents on the Properly, if any; (c) premiums for any ,md all insurance requirc:d by Lende:r under Section 5;
and (d) Mortgage Insurance premiums, if any, or any sums payable by Bûrrowe:r to Lender in lieu of the payment of
Mortgage Insurance pre:miums in accordance with the provisions of Section 10. These items are: calkd "EscruII Items." At
origination or at a.ny tinle: during the term of the Loan. Lender may require: that Community Association Dues, Fe:cs, and
Assessme:nts, if any, be escrowed by Borrower, and such dues, fees and assessments sha]] be an Escrow Ikm. Borrower sha]]
promptly furnish to Lender all notices of amounts to be paid under this Se:ction. BorrulI'er shall pay Lender the Funds for
Escrow lLems unless Lender waives Borrower's obligation to pay the Funds for any or all Escrow Ite:ms, Le:nde:r may waive
Borrower's obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be: in
writing. In the event of such waiver, BOITower shall pay directly, when and where payabk, the amOUJits due for any Escrull'
lLems for which payment of Funds has been waived by Le:nde:r and, if Lende:r rcquiœs, shall furnish to Lende:r rc'ce:ipts
evidtncing such payment within such time period as Lendtr may rcquir!:', Borrower's obligation t(J make such pilymellls and
to provide reœipts shall for a]] purposes be deemed to be a covenant and agre:ement containe:d in this Security lnstrurnc:nt, as
the phrase "covenant and agreement" is used in Section 9. H Borrower is obligated to pay Escrow items directly, pursuant to
a waiver, and Borrower fails to pay the amount due for an Escrow ltem. Lender may eXêI'cise its rights undt! Section I) and
pay such amount and BOlTower shall then be obligated under Se:ction Y to repay lu Lende:r any such amuunt. Lender may
revoke the wai vel' as to any or all Escrow Items at any time by a nOliœ gi ven in accordance wilh Section 15 and, upun slIch
revocation, Borrower shall pay to Lender all Funds, and in such amounts, that are tl1en required undtr this Seujon 3.
Lender may, at any time, collect and hold Funds in an amuunt (a) sullic'ienl to permit Lender to apply the Funds at the
time sptcified under RESPA, and (b) not to eXCèed the: maximum amuunt a lende:r can require under RESPA. Lender sl1ajj
estimate the amount of Funds due on the basis of current data "nd rèasonable estimates of expenditurts of future: Escrow
Items or otherwise in accordance with Applicable Law.
The Funds shall be held in an institution whose depusits are insured by a federal agency, instrumtntalily, or entity
(including Lender, if Lender is an institution whose de:posits are so insured) or in any Federal Home: L'Jan Bank. Lender shajj
apply the Funds to pay the Escrow Items no later than the time: specified under RESPA. Lender shall nut chargc Borrowe:r for
holding and applying the Funds, annually analyzing the escrow account, or verifying tht E"crol\' lleJlls, unle:ss Lende:r pays
BOlTower il1le:rest on the Funds and Applicable Law permits Lender to make sllch a charge. Unless an agre:e:JIlenL is nlade in
writing or Applicable Law require:s interest to be paid on the: Funds, Le:nder shajj not be required to pay Borrower any interest
WYOJ\l1NG-Single FunÜty--FaIJIJic Mat/Freddie l\!ac UNIFOJ{l\! JNSTHUi\IENT
ITEM T2769l4 (0011 )-MERS
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or earnings on the Funds. BOD'ower and Lender can agree in writing, however, thaI imeresl shall be paid UII Ihe Funds.
Lender shall give to Borrower, wiù10ut charge, an annual accounllng of the funds as requin:d by RESPA.
If there is a snrplus of Funds held in escrow, as defined under RESPA, Lender shall accoum lo Burruwer fur Ihe excess
funds in accordance with RESPA. If there is a shurtage of Funds held in escrow, as defined under RESPA, Lender shall
notify Borrower as required by RESPA, and Bommer sha1l pay lo Lender the amount necessary to make up the shortage in
accordance with RESPA, but in no more than 12 monthly paymenls. If therc is a deficiency of Funds held in e:-.erow, as
defined under RESPA, Lender sha1l notify Borrower as required by RESPA, and Borrower shall pay lo Lender the amount
necessary to make up the deficiency in accordance with RESPA, but in no more than 1:2 monthly payments.
Upon payment in fu1l of a1l sums secured by this Security Instrumem, Lender shall promplly refund 10 Borrower any
Funds held by Lender.
4. Charges; Liens. Borrower sha1l pay a1l laxes, assessments, charges, fines, and impositions altributabJe [0 the
Property which can altain priority over this Security Instrumenl, leasehold payrnents or ground rents on the Property, if any,
and Community Association Dues, Fees, and Assessments, if any. To the exlent thal these items are Escrow Items, Borrower
sha1l pay them in the manner provided in Section 3.
Borrower sha1l promptly discharge any lien which has priorily ol'er this Security Instrument unless Burruwer: (a) agrees
in writing to the payment of the obligation secured by the lien in a manner acceplable to Lender, but only so long as
Borrower is perfoDning such agreement; (b) contests the lien in good faiLh by, or dêfênds againsl enforcement of the lien in,
legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien Ivhilt those proccêdings are
pending, bUI only until such proceedings are concluded; or (C) securcs frum the huldcr of the li..:n an agreement satisfactory 10
Lender suburdinating the lien to this Security instrument. If Lender determines that any part of the Properly is subject to a
lien which can attain priority over this Security Instrument, Lender may give Borrower a notice idêntifying the lien. \ViLhin
JO days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more uf the actiuns set forth
above in this Section 4.
Lender may require Burrowêr to pay a one-time charge for a real estate tax verification and/or reporting service used by
Lender in connection with this Loan.
5. Property lnsuranl.:t'. Borrower sha1l keep the improvements now existing ur hereafter erected on the Propc:Orty
insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not
limited to, earthquakes and noods, for which Lender requires insurance. This insurance sha1l be maiHlailled in Ih..: amUUHlS
(including deductible levels) and for the periods that Lendêr requires. What Lender requires purSU~1J)[ tu the preœding
sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower
subject to Lender's righl to disapprove Borrower's choice, which righl shall nOI be exercised unreasonably. Lender may
require Borrower 10 pay, in connection with lhis Luan, either: (a) a one-lime charge for flood zone dClenllination,
Cêrtification and tracking services; or (b) a one-time charge fur nood zone determinatiun and ccrtificatiun services and
subsequent charges each time remappings or similar changes occur which rea;,onably might affect such determinalion or
certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency 1\lanagemenl
Agency in connection with the review of any flood zonê delenninatiun resulting from an obj,,:cIjon by Borrower.
If Borrower fails to maintain allY uf 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 uf cover<lge.
Therefore, such coverage shaJJ cover Lender, but might or might not protect Borrower, Borrower';, êquity in the Property, ur
the contents of the Property, against any risk, hazard ur liability and might provide grealer or lesser coverage than was
previously in effect. Borrower acknowledges that the cost of the insurance cuverage so obtained rnight significantly exceed
the cost of insurance that Borrower could have ubtained. Any amounts disbursed by Lender under this Sectiun :) shall become
additional debt of Borrower secured by lhis Security Instrurnent. These amounts shaJJ bear interest at [he Note rate hom the
date of disbursement and shaJJ be payable, with such interest, upon notice from Lender tu Burrower !'..:ljuesting payment.
All insuranCê policies required by Lênder and renewals of such policies sha1l be subject 10 Lender's nghtlo dj;,approve
such policies, shall include a standard mortgage clause, and shall n;:mle Lender as mortgagee and/or as an additional loss
payee. Lender sha1l have the right 10 hold the policies and renewal certificates. If Lender requires, Honower shall prurnplly
give to Lender all receipts of paid premiums and renewal nOIices. If Borrower obtains any form of insuranl'e coverage, not
otherwise required by Lender, for damage to, ur destruction of, the Property, such policy shall includc:O a standard mortgage
clause and shall name Lender as mongagêe and/or as an additional loss payee.
In the evel1l of loss, Borrower sha1l give prompt notice to the insurance carrier and Lender. Lender may rnaLe proof of
loss if not made promptly by Borrower. Unless Lender and Burrower otherwise agreê in writing, any insurance proceeds,
WYOMING-Single Family---Fannit 1\'latlFrtddit Mac UNIFOR1\lINSTlW1\lliNT
IrEM T2769L5 (0011)-MERS
(Pil,~e 5 0/12 JJi'gd)
Furm 3051 I/Ol
GREA TLAr [) ..
Tu Ora,:f C<ill: 1-b00-530-9393 o Fi.1;':: 616·781 1131
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whether or not the underlying insurance was required by Lender, shall be applied to n:"turation ur rcpair of the Prupeny. If
the restoration or repair is economically fea"ible and Lender's security i" ¡Wt lessened. During such repair and re"lOraliun
period, Lender sha]] have the right to hold such insurance proceeds until Lender h<ls had an opportunity tu inspeL'l such
Property to ensure the work has been completed to Lender':, ";"li"faction, provided that such inspcctiun sb<lll bè underl<lkcn
promptly. Lender may disburse proceed" for the repairs and restoration 111 a single paymclll or in a series of progress
payments as the work is completed. U nlcss an agreement is made in writing or Applicable Law requires interest to hL' paid on
such insurance proceeds, Lender shajj not be required to pay Borrower any imerest or eamings 011 such pruceeds. fees f'lr
public adjusters, or other third panies, retained by Borrower shall not be paid out of the imurance: pruCl:eds and shall be: the
sole obligarion of Burrower. If the resturation or repair is not econornically fta"ibk or Lender's sècurity would be ksscncd,
the insurance proceeds shajj be applied to the sums secured by this Security ]nstrument, whether or not then dUL', witb the
excess, if any, paid to Borruwer. Such insurance proceed" shall be applied in the urder providL:d for in Section 2.
If Borrower abandons thc Propcny, Lender may fik, 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 offère:d to sCllle a
claim, then Lender may negotiate and settle the claim. The 30-day period will begin when the: notice is gi ven. In either event,
or if Lender acquire" thc Properly under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower'" rights to
any insurance proceeds in an amount not to exceed the amounts unpaid under the Notè or this Security ]¡¡:,trument, and
(b) any other of Borrower's rights (other than the right to any refund of une:amed premiums paid by Borrower) under all
insurance policies covering the Property, insofar as such right" are applicable to the coverage of the Property, Lender IlldY use
the insurance proceeds either to repair or restorc the Pmpeny ur llJ pay anluunts unpaid undcr the Note ur this Security
Instrument, whether or not then due.
6, Occupancy. BorrO\\er shall occupy, establish, and use the Propeny as Borrower's principal residcliœ within 60
days after the execution of this Security Instrument and shall continue to occupy the Propeny as Borrower's principal
residence for at least one year after the date of occupancy, unless Lender otherwise agree:s in writing, which consent shall nOl
be unreasonably withheld, or unle"" extenuating circumstances exist which are beyond Borrower's COnlm
7, Preservation, I\Iaintenancc amI Protection of the Property; Impections. Burruwu shall not de'truy, damagè
or impair the Propeny, allow the Property to deteriorate or commit waste on the Pruperly. Whether or not B()r)(Jwer is
residing in the ProperlY, Borrower shall maimain the Properly in order to prevent the ProperlY from dL:lerior<lting or
decreasing in value due to its condition. Unles:, it is determined pursualll lO Section 5 that repair or re"lOration i" not
economically feasible, Borrower shall promptly repair the PropeJ1y if damaged to avoid further deterioration or d<lnlage. ]f
insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Property, Burrower shall be
respomible for repairing or restoring the PropCrly only if Lender ha" released proceeds for such purpo"e, LL'ndc:r may
disburse proceeds for the repairs and restoration in a single payment or in a series uf progress paymelll" a" the \\ork i"
completed If thc insurance or condemnation proceeds are not sufficicnt to rèpair or restore the Properly, Borrower is not
relieved of Borrower's obligation for the completion of such repair or restoration.
Lender or its agent may make reasonable enu'ies upon and insPèctio¡¡:, of the Property. If it has reasonable cau"e, Lender
may inspect the interior of the improvements on the: ProperlY. Lender shall give BOlTower notice at the time of or prior to
such an interior inspection specifying such reasonable cause.
8. Horrower's Loan Application. Borrower shall be in default if, during the Loall application proce"s, Born)wcr or
any persons or entities acting at the direction of Borrower or with Borrower's knowledge or coment gave nlalerially false,
misleading, or inaccurate infonnarion or staternelll" to Lender (or failed to provide Lender with material infor1l1atiun) in
connection with the Loan. Materia] represemations include, but are not limited to, represèlltatiolls c'ullcerning Borruwer's
occupancy of the Properly as Borrower's principal residence.
9. Protection of Lender's Interest in the Property and Rights Cnder this Securily Instrument. If ta) ßornJ\\tJ
fails to perfoJ111 the covenaI1l" and agreements contained in this Security inslrument, (b) there is a legal proceeding that might
significantly affect Lender's interest in thc Properly and/or rights under this Security ]nslrumcnt (such as a proceL:ding in
bankruptcy, probate, for condemnaLÌun or forfeiture, for enforcement 01 a lien which may attain priority over this Security
Instrument or to enforce laws or regulatiom), or (C) Borrowtr has abandoncd the Propeny, then Lender may do and pay for
whatever is reasonable or approprialt to protect Lcnder's interest in the ProperlY and rights under this Sècurity Imtrul1lent,
including protecting and/or assessing the value of the Properly, and securing and/or rèpairing the Property. Lcnder's actions
can include, but are not limited to: (a) paying any sums secured by a lien which has priurity over this Security ]nstrurnem;
(b) appew'ing in court; and (C) paying reasonablc aLLorneys' fees to protect its interest in the Properly ;¡nd/or righls undèr this
Security Instrument, including ils secured positiun in a bankruptcy proceeding. Securing the ProperlY includès, but is not
limited to, entering the Property to make repairs, change locks, repJace or board up doors ane! windows, drain waleI' 1'1'0111
WYOJ\IlNG-Singlc family-Fannie 1\lae/Freddie J\I~" Lf'\IFORJ\1 If'\STlWJ\IEf'\T
ITEM T2769L6 (OU11 )-MERS
(PdJ:;1! Ó !~j 1": pl/ges)
1'01'111 3051 J/lIl
III
To OW¿I CJII: 1-8ùO-5JU8JS~
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pipes, eliminate building or other code violations or dangerous conditions, and hale utilitilOS turned 011 ur 011'. Althuugh
Lender may take action under this Section 9, Lender does not have to do so and is not under ali) duty or obligatiun to du so.
It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9.
Any amounts disbursed by Lender under this Section 9 shaJj become additional debt of BlJITower s<.:cured by this
Security Instrument. These amounts shaU bear interest at the Note rate from the date of disbursement and shaJj be payable,
with such interest, upon notice from Lender to Borrower requesting payment.
If this Security Instrument is on a leasehold, Borrower shaJl comply with all (he provisions of the lease, If Borrower
acquires fee title to the Property, the leasehold and the fee titk shaJl not merge unkss Lender agrees to the ¡ Jerger in writing.
10. Mortgage Insurancc. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shaJj
pay the premiums required to maintain the t-.lortgage Insurance in effect. ]f, fur any rcason, the Mortgage IJlSurance coverage
required by Lender ceases 10 be available from the mongage insurer that previously proviJcd such insurance and Borrower
was required to make separately designated payments toward the premiums for Mortgage Insurancc, Borrower shaJl pay the
premiums required to obtain coverage substantiaUy equivalent to [he Mortgage Insurance previously ili <.:ffect, at a cust
substantia]]y equivalent to the cost to Borrower of the Mortgage Insurance previuusly in effect, from an alternate murtgage
insurer selected by Lender. If substantiaJly equivalent Mortgage Insurance coverage is not a\'ailable, 130rruwer shall L'ontiI¡ne
to pay to Lender the amount of the separately designated payments that were due when the insurance cU\'t'rage ceased tu bLÒ in
effect. Lender will accept, use and retain these payments as a non-refundable loss reserve in lieu of 1\1urtgage Insurance. Such
loss reserve shaH be non-refundable, notwithstanding the fact that thLÒ Loan is ultirnately paid in full, and LendLÒr shall not be
required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer requJfe joss reserve paYJ1lLÒ!Jb if
Mortgage Insurance coverage (in the amount and fur the period that Lender requires) provided by an insurer sekclcd by
Lender again becomes available, is obtained, and Lender requires separately designated payments toward the premiums for
Mortgage Insurance. If Lender required Mortgage Insurance as a conditiun of making the Loan and Borruwer was required to
make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums
required to maintain tvlortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requiremel1l fur
Mortgage Insurance ends in accordance with any written agreement between Borrower and LenJer providing for such
termination or until termination is required by Applicable Law. Nothing in this Section lO affects Borrower's obljgatjun to
pay interest at the rate provided in the Note.
Mortgage Insurance reimburses Lender (or any emity that purchases the Note) for certain losse\ it may incur if
Bon-ower does not repay the Loan as agreed. Borrower is not a p;,u-ty to the Mortgage Insurance.
Mortgage insurers evaluate their total risk on aH such insurance in force from time to time, and may enter into
agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions
that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreemeI1ls may
require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available
(which may include funds 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 (dirLÒctly or indirectly) amounts that derive from (or might bL~ characterized
as) a portion of Borrower's payments for Mongage Insurance, in exchange for sharing or modifying the mung age 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 premiums paid [0 [he insurer, the arrangement is often termed "captive reinsurance," Further:
(a) Any such agreements will not affect the amuunts that Borruwer has agrccd to pay for Murtgage Insurance,
or any other terms of the Loan. Such agreements will not increase the amount Borruwcr will olle fur l\Iortgage
Insurance, and they will not entitle Borrower to any refund.
(b) Any such agreements will not afTect the rights Borrowcr has-if any-willI rcspect to the l\Iodgage
Insurance under the Homeowners Protection Act of 1998 or auy other law. Thesc rights may jnclude the right to
receive certain disclosures, to relIuest and obtain cancellation of the Mortgagc Insurance, to have the Mortgage
Insurance terminated automatically, and/or to receive a refund of any l\Iortgage Iusurallce premiulJls that \\el"e
unearned at the time of such cancellation or termination.
11. Assignment of l\1jsceHaneous Proceeds; ForfcHure. AJJ MjsceJJaneous Proceeds are hereby assigned to and shall
be paid to Lender.
If the Property is damaged, such Miscellaneous Proceeds sha]] be applied to restoration or repair of lhe Property. if [he
restoration or repair is economicaJJy feasible and Lender's security is not lessened. During such repair and restoratiun period,
Lender shaJJ have the right to hold such Misce]]aneous Proceeds until Lender has had an uppurtunilY to inspect such ProjJerly
to ensure the work has been completed to Lender's satisfaction, provided that such inspection shalJ be undertaken promptly.
WYOMING-Single Family-Fannie Mae/Freddie l\Iac UNIrORl\l ll\STlWMENT
ITEM T2769L7 (0011 )-MERS
(P"ge 7 of 12 l'iI~",\ I
Form JUS] J/()l
GF1EATLAHu IW
lu Oíüd Cdll. '-800530--83930 f"¡Ä: 0"16-781-11 jl
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:-. I'. C· ,- i'_ r.
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Lender may pay fur [he repairs and restoration in a single disbursement or in a scrie's of prugress payments as the work is
completed. Unless an agreement is made in writing or Applicable Law rt..'quires interest to be paid on such !vlisccllaneous
Proceeds, Lender shall not be required to pay Borruwer any imerest ur eamings on such 1'vliscclJaneous Proceeds, lf the:
restoration or repair is not economicalJy feasible or Lender's see'urity wuuld be lesscne'd, the: IvliscelJam'uus hot..'Ccds shall be
applied to thc sums secured by this Sècurity InstrulJlent, whether or nut then due, with the' excess, if any, paid tu HOlTuwe'r.
Such Miscellancous Proceeds shalJ be applied in the order providtd for in Stction 2.
In the tvtnt of a total taking, desu-uction. or joss in value of the Property, the J\'1iscelJancous hOL'cl.:ds shall be applicd to
the sums secured by this Security lnstrument, whether or Ilotthen duc, with the exœss, if any, paid to Borrower.
In the event of a partial taking, destruction, or loss in value of the Property in which thl': fair marke't value of the
Properly immediately before the partial taking, destruction, or loss in value is equallo or greater than the amount of the sums
secured by this Security Instrument immediately before the partial taking, destruction, or loss in valuc, unle"s Burrowcr and
Lender otherwise agree in writing, the sums secured by this Security lnstrumenr shalJ be reduced by thc amOllllt of the
Miscellaneous Proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediately before: the
panialtaking, destruction, or luss in value divided by (b) the fair market value uf the Prope:rty immediately bdore the partial
taking, desu'uclÎon, or loss in value. Any balance shall be paid to Borrower.
In the event of a panial taking, destruction, or loss in .alue of the ProperlY in which the fair market value of the
Property immediately before the partial taking, destruction, or loss in value is less than thc amOUI1l of the sums st..'cured
immediately before the partial taking, destructioll, or loso. in value, unk", Borrower and Lender otherwise agree in wrillng,
[he Miscellaneous Proceeds shall be applied to the sums se:cured by this St..'curity Instrument whet bel' ur lIot the sums are
then due.
If the Property is abandoned by Bommer, or if, after notice by Lender to Borrower that the Opposing Party (as defïued
in the next sentence) offers to make an award to settle a c]aim for damages, Borrower fails to respolld to Le:nder within 30
days after the date the notice is given, Lender is authorized to collect and apply the Miscellalleous Proceeds eitbc:r [0
restoration or repair of the Properly or to the sums see'ured by this Securily Inslrument, whèthe:r or not then duc. ··Opposing
Party" means the third party that owes Borrower Miscellaneous Proceeds or the party ;¡gainst whom BorrowCT has a right of
action in regard LO Miscellaneous Proceeds.
Borrower shal1 be in defau1L if any action ur proceeding, whetber civil or criminal, is begun thal, in Le'nder's judgrne:nl,
could result in forfeiture of the Properly or other material impairment of Lendèl"s intatSt in the Proµe'rty or rights undèr this
Security Instrument. Borrower can cure such a dtJaul1 and, if acceleration has uccurre:d, reinstate as pruvided in Section I 'J,
by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgnlcnl, precludes forfeiture of the
Property or other material impairment of Lender's intcrl'st ill the Properly or rights under this Security IIlSllUmenl. The
proceeds of any award or claim for damages that are attributable [0 the impairment of Lender's interest in the Prope:rlY are
hereby assigned and shall be paid to Lender.
All Miscellaneous Proceeds that are not applied to restoration or repair of the Property sha1l bc applie:d ill tile' order
provided for in Sectiun 2-
12. Borrower Not Released; Forbearance Hy Lender Not a Waiver. Extension of the time 1'''1 payment or
modification of amonization of the sums secured by this Security lllstrumenl granted by Lender lU Burruwer or an)
Successor in IlItefl;st of Borruwt..'r shall IIUt operate to release the Jiability of Borrower or any SUCl:e',,,ors in IlItêre:st of
Borrower. Lender shal1 not bè required to commence pWL'eedings against any Sucœssor in Interest of Borrower or tu rduse
10 extend time for payment or otherwise modify amonization of the sums secured by this SecurilY Instrument by rea sun of
any demand made by thè original Borrower or any Successors in Interest of Borrower. Any forbearance by Le:nder in
exercising any right or remedy including, without limitation, Lender's acceptance of payment" from third pêrsons, e'ntities Dr
Successors in ¡merest of Borrower or in amounts less than lhe amouJ1l then due, shall nOl be a wai IeI' of or preclude: the
exercise of an) right or relnedy.
13. Joint and Several Liability; Cu-signers; Successors and Assigns Hound. Burrowcr L'Ulenants and agree:, that
BOlTower's obligations and liahility shall be joint and several. Huwever, any Borruwer II]¡U co-signs this Security IJblrument
but does not execute the Note (a "cu-signer"): (a) is co-signing this Security lnstrumelll only to mungage, grant and conley
the cu-signer's interest in the Property under the terms of this Security lnstrumelll; (b) is nut personaJly obligated to pay
the sums secured by this Security Insu·ument; and IC) agrees that Lender and any other Borrower can agree' 10 atend,
modify, forbear or make any accommodations with regard to the terlJ1s of this Sècurity Instrumelil or thl': Nute' IlillluUt the'
co-signer's consent.
Subject LO the provisions of Section 18, any Successur in Interest of Borrower who assumèS Burrower's obligatiuns
under this Security lnstrument in writing, and is approved by Lender, shall obtain all of Borruwe:r's rights and bent.:fits under
WYOJ\l]1'\G-Singk Famity-Fannie Mae/Freddie MaL t.:!'\JFO]{J\IINS'J'IWME1'\T
ITEM T2769LB (0011 )-MERS
(J\lge 8 (~/Î '2 jJll~t'S)
Furm j051 I/OJ
GREk TLAf'J[) W
To OrdEr C,dl: 1-800-530-9:J83Dfd>. 6Hi79ì-ì1J1
'>k
I ;,..;.....,---.;..
,-, -, (' ,~. " ""1
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this Security Instrument. Borrower shall not be released from Horrower's obligations and liability undèr this Security
Instrument unless Lender agrees 10 such release in writing. The covenants and agreements of this Security Instrument shall
bind (except as provided in Section 20) and benefit the successors and assigns of Lender
14. Loan Charges. Lender may char~e Borrower fèes for services perforl1Jèd in cunnection with Borruwer's default,
for the purpose of protecting Lender's interest in the Propeny and rights under this Security Instrument, including, but not
limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absenCè of express aUlhority
in tllis 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 lnstrumelll or by Applicable Law.
11' the Loan is subject to a law which sets maximum loan charge's, and that ]a w is finally il1le:rpreted ,,) that thc J!1le'rest
or other loan charges co]]ected or tu be: collected in connection with the Loan e:xCèed the permitted limits, then: (a) any such
loan charge shall be reduced by the amount necessary to reduce the charge to the permilled jjl1Jit; and (b) any sums already
collected from Burrower which exceeded permilled limits will be refunded to Borrower. Lendèr may chouse to make this
refund by œducing the principal owcd under the Note or by making a direct payment to Borrower. H a refund reduces
principal, the reduction will be treated as a panial pæpaYllJent without any prepaymènt charge (wllttha or not .1 prepayment
charge is provided for under the Note). Borrower's acceptance of any such rèfund made: by ducct payment to Borrower will
constitute a waiver of any right of action Borrower might have arising out of such overcharge:.
15. Notices. All notices give:n by Borrower or Lender in connection with this Sècurity Instrullle:l1l must be: in wriling.
Any notice to Borrower in connection with this Se:curity Instrument shall be deelllèd to have: bee:n given to Borrower when
mailed by first class mail or when actually delivered to Borrower's notice addœss if sent by other JlJèans. Notice to anyone
BotTower sha]] constitute notice to all Borrowers unless Applicable Law è'xpressly requires othe:rwisl:. The notice addrèss
shall be the Property Address unless Borrower has designated a substitute: notice address by notice to Lender. 130rruwer shall
promptly notify Lender of Borrower's change of address. if Le:nder spe:cifie:s a proœdure: for repuning Burrower's change of
address, then Bon-ower shall only report a change of address through that specified procedure:. Thèrè may be only one
designated nutice addœss under this Security Instrument at anyone time. Any notiœ to Le:nda shall be: given by dc:li \èring it
or by mailing it by first class mail to Lender's address stale:d herein unless Lender has dèsignatèd another addre;,s by nOlice to
Borrower. Any notiœ in connection with this Se:curity lnstrumelll shall not be: dee:med to have: been given to Lender until
acwa]]y receive:d by Le:nder. If any notice: required by this Security Instrument is also required undèr Applicable Law, the
Applicable: Law requirement will satisfy the corrèSponding requirement under this Security lnstrurnent.
16. Governing Law; Severability; Rules of Construction. This Sècurity lnstrurnenr shall be gove:med by kdualla\\
and the law of the jurisdiction in which the Prope:rty is located. All rights and obligations contained in this St:L'urity
Insu'ument are subject 10 any requirements and limitations of Applicable Law. Applicable Law might explicitly or irnplicitly
allow the panies to agree: by contract or it might be silent, but such siknce shalJ not be construed as a prohIbition against
agreement by contract. In the event that any provision or clause of this Security Instrument or the NOIè conllicts with
Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given
effèct without the conllicting provision.
As used in this Security Instrurncnt: (a) words of the: masculine: gender shallrnean and JlKlude corresponding neuler
words or words of the feminine ge:nder; (b) words in the singular shall mean and includè the plural and vice velsa; and (c) the:
wurd "may" gives sole discretion without any obligation to take any action.
17. Borrower's Copy. Borrower shall be given 011è copy of the Note and of this Sècurity Instrument.
18. Transfer of the Property or a Beneficial Interest in Borrower. As uSèd in this SeCliun 18, "llllèlCSI in the
Property" means any legal or beneficial interest in the Prope:rty, including, but not limitcd to, those benclicial imerests
transfe:rred in a bond for de:ed, contract for de:ed, installment sales contract or e:serow agrœment, the intent of which is the
transfèr of title by Borrower at a future date to a purchaser.
If all or any part of the Propeny or any Inle:rest in the Property is sold or transfared (or if Burrower is not a nalural
person and a beneficial interest in Borrower is sold or translÚred) without Lender's prior wrillen consent, Lender ma)
require immediate: payment in full of all sums secured by this Security Instrument. However, this option shaJj not be
exercised by Le:nde:r if such exercise is prohibited by Applicable Law.
If Lender e:xercises tllis option, Lender shall give Borrower notice of acceleration. The notice shall provIde a period of
not kss than 30 days from the dale the notice is given in accordance with Section J 5 within which Borrowèr must pay all
sums secured by this Security Instrument. If Borrowe:r fads to pay these SUIUS prior to the expiration of this period, LendèJ'
may invoke any J'CI11e:dies permilled by this Security lnstrume:nl without funhe:r notice or demand on Borrower.
19. Borrower's Right to Reinstate After Acceleration. If Borrowe:r mee:ts certain conditions, Borrower shall havt:
the: right to have enforcement of lhis Security }¡btrument discontinue:d at any time prior tu the e:arliest of: (a) fil'è days bèlure
WYOl\llNG-Singk Famíly---fallnie I\lae/Frcddie Mar UNlF01{1\1 INSTRUMENT
ITEM T2769L9 (0011)-MERS
{PLlge 9 (~jî2 pu¿:es)
Furm 3U51 l/Ol
GriEATLA/JU 1M
1u UIUcf Cali: 1 "I:!OO·S3Ü-93S3 0 hi G :0' 79"1·1 "13i
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sak of the Property pursuant to any power of sale cOl1lained in this Security Instrulllem; (h) such other period as Applicabk
Law might specify for the termination of Borrower's right to reinstate; or (c) entry of a judgmem enforcing tliis SeculllY
Instrument. Those conditions are thai Borrower: (a) pays Lender aU sums which then would be due under this Sl:curity
Instrument and the Note as if no acceleration had occuned; (b) cures any default of any othcr covenants or agreements;
(c) pays all expenses incurred in enforcing this Securily Instrument, including, but not limited to, reasonablt: auorneys' fees,
property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in thL' Propeny
and rights under this Security Instrument; and (d) takes such action as Lender may reasonably rt:ljuire to assure that Lcnder's
interest in the Property and rights under this Security Instrument, and Bonower's obligation to pay the sums sccured by this
Security InstrumeJll, shall continue unchanged. Lender may require that Borrower pay such reinst¡,¡tement SlllllS and expellSes
in one or more of the following forms, as selected by Lender: (a) cash: (b) money order; (c) certified clied:, bank check,
treasw-er's check or cashier's check, provided any such chlOck is drawn upon an institution whose deposits are insured by a
federal agency, instrumentalily or entity; or (d) Elecu'onic Funds Transfer. Upon reinstakment by Borrower, this Security
Instrument and obligations secured hereby shall remain fully effecti ve as if no acceleration had occurred. However, this right
to reinstate shall not apply in the case of acceleration under Section 18.
20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the Nute (lOgether
with this Security Instrument) can be su]d one or more times without priur notice: lO Burrower. 1\ sale mighl rèsuh in a
change in the entity (known as the "Loan Servicer") that collecls Periodic Paymènts due unJa the Note and this Security
Instrument and performs Olher mortgage Joan servicing obligations under the Note, this Security Instrument, ~¡¡¡d 1\pplicabk
Law. There also might be one or more changes of the Loan Serviœr unrelated to a sale of the Note. If lhen: i~, a change of thc
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 conne:uion with a
notice of transfer of servicing. If the Note: is s01d and thereafter the Loan JS serviced by a Loan Senicer olher than the
purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be
transferred to a successor Loan ServiceI' and are not assumed by tile NOle purchaser unless otherwise pnJ\'ided hy the Note
purchaser.
Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as cilhèJ an individuallitigam or
the member of a class) that arises from the other partys actions pursuantlO this Security Inslrument or lhat alleges that the
other party has breached any provision of, or any dury owed by reason of, this Sècurity Instrument, until such Borrower or
Lender has notified the other party (with such notice given in compliance with the requin:ments of Section 15) of such
alleged breach and afforded the other party hereto a reasonable period after the gi ving of such notice lO take con-eui Ie action.
If Applicable Law provides a time period which must elapse before certain action can be taken, that rimc period will be
deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity lO cure given to Borrower
pursuantlo Secrion 22 and the notice of acceleration given to ßOJTower pursuant to Section 18 shall be deemed tu satisfy the
notice and opportunity to take corrective action provisions of this Section 20.
21. Hazarduus Substances. As used in this SectilJ J 21: (a) "Hazardous Substances" are those substancL'" defined as
toxic or hazardous suh,tances, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene,
other l1ammable or loxic petroleum products, toxic pesticides and herbicides, volatile soh'ents, materials containing asbestos
or f0I111aldehyde, and radioactive materials; (b) "Environmental Law" Jlleans federal laws and laws of the jurisdiction where
the Property is located that relate to health, safety or environmental protection; (c) "El1\ironmental Ckanup" includes any
response action, remedial action, or removal action, a" defined in Environmental La\\'; and (d) an "Enviromnental Condition"
means a condition [hat can cause, contribulc: to, or otherwise trigger an En virunnle1Jlal Cleanup.
BOllower shal! not cause ur permit the presence, use, disposal, storage:, or release uf any Hazardous S Ub"lallceS, or
t}u'eaten lO release any Hazardous Substances, on or in the Property. Borrower shall not do, nor aJlow anyone else to do,
anything affecting the Property (a) that is in violation of any Environmemal Law, (b) which creates an EJ1\'irOlnnemal
Condition, or (c) which, due to the presence, use, or release of a HazardoLls Substance, creaks a conditioll that adversely
affects the value of the Property. The preceding two sentences shall not apply to the' presence, Lise, or stlJragc on the Properly
of sJlla]] quantities of Hazardous Substances that are generally recognized to be apprupriate tu normal residential LIses and to
maintenance of the Pruperty (including, bUl not lirnited to, hazardous substances in consumer products).
Borrower shall promptly give Lender written notice of (a) any investigation, claim, dernand, lawsuit or other action by
any governmental or regulatory agency or private party involving the Propeny and any Hazardous Substance or
Environmenta] Law of which Borrower has actual knowledge, (b) any Environmental Condition, including but nOl limited to,
any spilling, leaking, discharge, release or threat of release of any Hazardous Subslance, and (C) any condiliun caused by the
WYOl\llNG-Single FJmily-Faullie !\tae/Freddie !\tac UNIFOR!\t INSTIU'l\lENT
ITEM T2769L10 (OOll}---MERS
(Page J() "J 12 pages)
Furm "uS] I/Ol
GF{fJ>,
10 Ower [lil! 1-8(JO'530-9:;',:)3D~1J'
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presence, use or release of a Hazardous Substancè which advèrsely affects thè va]uè of the Property. H Bonu\\'er learns, or is
notified by any governmental or regulatory authority, or any private party, that any removal or other rèlJleJiatiulJ uf any
Hazardous Substance affeLling the Propeny is nècessary, Borrower shall promptly take all necessary remedial actions In
accordance with Environmental Law. Nothing herein shall create any obligalion on Lènder for an [nviroJlllIenlal Cblllup,
NON-UNIFOR!vl COVENANTS. Borrower and Lender funher covenant and agree as f,)]]ows:
12. Acceleration; Remedies. Lender shall give notice to Borrower }Jrior to acceleration folluwing Borrower's
breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Sectiun I H
unless Applicable Law provides otherwise). The lIotice shall specify: (a) the default; (b) the action required to CUl'e the
default; (c) a date, not less than 30 days from 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 iu acceleration of
the sums secured by this Security Instrument and sale uf the Property. TIIC uotÜ:e shall furthel' inform ßUIToller 01'
the right to reinstate aftel' acceleration and the right to bring a court action to assert tIle nun-existence 01' 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 option may require immediate payment in full 01' all sums secured by this Security Instnuncnt
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 incurred in pUl'suing the remedies provided in this Section 22,
including, but not limited to, reasonable attorneys' fees and 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 possessiun 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 suld
in the manner prescribed by Applicable Law. Lender or its designee may purchase the Pmperty at allY sail'. The
proceeds of the sale shall be applied in the following order: (a) to all expenses of the sale, including, bul Ilot limited to,
reasonable atturneys' fees; (b) to all sums secured by this Security Instrument; alld (c) allY eXCl:,,>_' tu tht~ person or
persons legally entitled to it.
23. Release. Upon payment of all sums secured by this Securily Instrument, Lender shall releasè 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 10 a third party for services rendered and tbe charging of the ke is permitted under
Applicable Law.
24. Waivers. Borrower releases and waives all rights under and by vinue of the homestead exemption laws of
Wyoming.
\\'Y01\Il1\G-Singk Family-Fannie Mae/Freddie Mal' UNIFOJ{1\1 INSTlW1\IENT
ITEM T2769L 11 (0011 )--MEAS
(Pug" 11 of 12 l'ugesí
Form 31151 1/1I1
GHEA TLArm ...
To Olüer Call. 1 ·880·5:30-8393 0 FdX: 616-791- "11 J 1
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BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in pages
this SecuIity Instrument and in any Rider executed by Borrower and recorded with it.
.~;;;,> '" __~- .I'.~>j/ .......-'..... r--
.."";." y' r t,,.v t.,",,~r:- ,o.r~~/''': . ---.-ji<:~,-i-""'
ROBERT HOLLIS
Witness:
I ,II' '<¡ ;1
State of L¡.,,) ¡II w'F't ,it"';.
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County of ,.--," , \ '"
L', /r'~\..r'·
(Seal)
-Burro\\"c'1
(Seal)
~Borro\\'er
(Seal)
~ B orro ",'er
The foregoing instrument was acknowledged before me by
this
I I
~¡r,i,,-", " ¡
, day of I'~ Ü',/ '-"""~;hF'"
Witness my hand and official seal.
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PATRICIA HOOD
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Witness:
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M \' commission expi res:
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ITEM T2769L 12 (0011 )~MEAS
WYOl\HNG-Sìngle Family-FaBuit l\lae/Freddie l\lae UNJFOJL\lINSTRUJ\1ENT
~f¡¡ge 12 (~l121J(1!;eS)
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through 12 of
,
Ir~:)~
(Seal)
~HûrrDwC'r
(Seal)
-}Jurm\\"tr
(Seal)
-Bonü\\"eJ"
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:\iolar) PlI bljc
Form3U,¡ J!O¡
GREATLAr [) Mil
To OrLitr Calr HWù 5:)u-031J3 0 I"J,(: 6 itr ì81-"¡1 31
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That pmi of Lot 50, Alpine Village Subdivision No. I, Plat 2, ..L\mended of record in the Oflìce of the
Clerk of Lincoln County as Plat No. 264, described as follO\vs:
Beginning at a point 160 feet East of the Southwest Corner of said Lot 50, and running thence in an
Easterly direction 199.83 feet, more or less to the Southwest Corner of the Roger H . Walker property,
the ÍÌ'ontage of said Lot, and all that propeliy lying to the NOlih of that Lot frontage.
'/'---
'----'
SECOND HOlVIE RIDER
Tl-lIS SECOND HOME RlDER is made this 29th day of November 2005
and is incorporated into and shall be deemed to amend and supplement the l"lortgage, Deed of Tnhl, or
Security Deed (the "Security Instrument") of the same dale given by the unJersigned (the "Borrower,"
whether there are one or more persons undersigned) to secure Borruwer's Note to Taylor, Bean &
Whitaker Mortgage Corp.
(the "Lender") of the same date and covering the Property described in the Security Instrument (the
"Property"), which is jocated at:
788 COUNTY ROAD 100
ALPINE, WY 83128
[I'rupeny AdJre"l
In addiLion to the covenams and agreements made in the Security Instrument, Borrower and Lender
further covenant and agree that SecLions 6 and 8 of the Security Instrument are ddeted and are replaced by
the following:
6. Occupancy. Borrower shall occupy, and shall only use, the Propèl'ty as Burrower's seL'lJl1d
home. Bon-ower shall keep the Property available for Borrower's exclusive use and enJoymenL at
all times, and shall not subject the Property to any timesharing ur other sharc:d oWIH:rship
illTangement or to any rental pool or agreement that requires Borrower either tu n;nt the Pmperty
or give a mill1agement firrn ur any other person any control over the occupancy or use of the
Property.
8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application
process, Borrower or any persons Of entities acting at the direcLion of BU[fuwer or with
Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or
statements to Lender (or failed to provide Lender with material informaLion) in connection with
the Loan. !\-1ateria] represeJ1latiuns include, but are not limited to, repn;sentaLions conccllJlng
Borrower's uccupancy of the Property as Borrower's second home.
I\lULTlSTATE SECOND HOl\IE RlDER-Single Family-Fannie l\Jac/Freddie !\Jar \.JNJFOI{l\1 JNSTJW!\IENT
Forni 38~O J/OI
ITEM Tl099L1 (0011)
(Pd~t' 1 of 2 p"¡:,ni
GRE~,TLAIJD ..
Tu Ord¿1 C¡¡!L 1·C;OÚ-5:W·9393 0 fdX 61G- ìB1-1 ì31
11l1li11111111111111" 111111111111111111111l1li11111111111111111111111
'023014977935'
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BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained In pages
I and :1 of this Second Home Rider.
~·-;:l __~ '
~y-~: 't~ -.... Ã~~i".r~:'.~
(Seal)
-Bonower
I
,:c 1-,
I'
PATRIC'IA HOOD
! ì' ;,
(Sea])
-Borrowel
ROBERT HOLLIS
(Seal)
-Borrow~r
(Seal)
-Borrower
(Seal)
-Borrower
(Seal)
-ßùrrU\V~1
1\IULTJSTATE SECOND HOME lUDEI{-Single Family-Fannie 1\laelFreddie 1\lal' UNIFOI{!\t INSTJW1\IEI\T
Furtn 3HYO 1/01
ITEM T7099L2 (0011)
(?"~e 2 of' 2 p"~es)
GREA TLAUD J j
fo Ora ¡~r- Cedi: 1 ·1300- 530'93~3 0 Fa:<: 611:;· ì91 -1131