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Home My WebLink About915054 j.- \.> RECORDATION REQUESTED BY: The Conver.. County Bank PO Drawer 689 322 Walnut Doug~s.VVY 82633 n (11 B 0 ... V LJ WHEN RECORDED MAIL TO: The Converse County Bank PO Drawer B89 322 Walnut DOUI~S. WY 82633 RECEIVED 1/9/2006 at 11:35 AM RECEIVING # 915054 BOOK: 609 PAGE: 180 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY SEND TAX NOTICES TO: GUST A VEUNDBLOM .l YNN UNDBLOM PO BOX 513 THA YNE. WY 83127 . ¡ () j'v SPACE ABOVE THIS l.INE IS FOR RECORDER'S USE ONLY ') W: 1j~ / MORTGAGE '-HIS MORTGAGE rlated December B, 2005, is made and executed between GUSTAVE LINDBlOM and LYNN LINDBlOM, HUSBAND AND WIFE, whose address is PO BOX 513, THAYNE, WY B3127 (referred to below as ·'Grantor") and The Converse County Bank, whose address is PO Drawer 689, 322 Walnut, Douglas, WY B2633 (referred to below as "Lender"). GRANT OF MORTGAGE. For valuable .consideration. Grantor mortlales .nd .conveys :to under all of Grantor's right. titlè. and interest in and 1:0 1:he following described real property. 1:ogether with all existing or subsequently erected or lIffixed buildinQs, improvements and fixtures; 1111 ilasements, rights of way. lInd appurtenances; all water. water rights. watercourses and ditch rights (includinQ stock in utilities with Ditch or irrigation rights); and Jill other rights, royalties, and profits rillating 1:0 1:he real property. including without limitation all minerals. oil, gas, jleothermal and similar maners, (the "Real Property") located In LINCOLN County, State of Wyoming: Lot 5 of Coyote Hills SubdMsion, Lincoln County, Wyoming as described on the official pJat fjed August 18, 2001 In the office of the Lincoln County Clerk as Jnstrument No. B75323 '-he Real Property or its address is commonly known as 55 BOBCAT DRIVE, BEDFORD, WY 83112. CROSS-COllATERAlIZATION. In addition to 1:he Note, this Mortgage secures all obligations, debts and liabilities, plus interest therilon, of Borrower to under, or anyone or more of them, as well JlS all c~ims by under against Borrower or anyone or more of them, whether now ilxisting or hereafter arising, whether re~ted or unrelated to the purpose of1:he . Note, whether voluntary or otherwise, whether Due or not Due. Direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated whether Borrower or Grantor may .be liable individually or jointly with others, whether obligated as guarantor, surety, Jlccommodation party or otherwise, and whether recovery upon such Jlmounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such. amounts may.be or hereafter may .become otherwise unenforceable. If the .lender is required to give notice of the right to J:ancel under Truth in .lendinQ in J:onnection with any additional loans, ilxtensions of credit and other liabilities or obligations of Grantor to .lender, 1:hen this Mortgage shell not Jlecure additional loans or obligations unless Jlnd until such notice is given. Grantor presently assigns to .lender Jill of Grantor's right, title, and interest in and to Jill present and future leases of the Property and all Rents irom the Property. In addition, Grantor grants 1:0 .lender a Uniform Commercial Code security interest in 1:he Personel Property and Rents. ,.HJS MORTGAGE, INClUDING THE ASSIGNMENT OF RENTS AND THE SECURITY JNT£REST IN THE RENTS AND PERSONAl 'PROPERTY, JS GIVEN TO SECURE (A) PAYMENT OF THE JNDEBTEDNESS AND lEI PERFORMANCE OF ANY AND AU DBUGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS MORTGAGE. THIS MORTGAGE JS GIVEN AND ACCEPTED ON THE FOllOWING TERMS: GRANTOR'S WAIVERS. Grantor waives all rights or Defensas arisinQ by reason of any "one action" or "anti-Deficiency" ~w, or any oÚ\er Jaw which may prilvent lender irom bringing any action against Grantor, including a claim for deficiency to the iI.xtent lender is otherwise ilntitled 1:0 JI c~im tor Deficiency. before or after .lender's commencement or completion of Jlny foreclosure action, either judicially or by exercise of a power of sale. GRANTOR'S JŒPRESENTATIONS AND WARRANTJES. Grantor warrants that: (a) this Mortgage is ilxecuted Jlt Borrower's request and not at 1:he request of lender; (bl Grantor hes the full power, right, Jlnd authority 1:0 enter into this Mortgage and to hypothecate the Property; (c) 1:he provisions of this Mortgage DO not conflict with, or result in a Default under any agreement or other instrument binding upon Grantor and DO not result in a violation of any Jaw. regu~tion, court Decree or order applicable 1:0 Grantor; Id) Grantor has established adequate means of obtaining irom Borrower on a continuing basis information about Borrower's financial condition; Jlnd Ie) J.ender has made no representation 1:0 Grantor JIbout Borrower (including without limitation the creditworthiness of Borrowerl. 'PAYMENT AND PERFORMANCE. Except.as otherwise provided in this Mortgage, Borrower shall pay 1:0 .lender Jill Indebtedness secured by this Mort.øage as it .becomes Due. Jlnd Borrower Jlnd Grantor shall strictly perform all Borrower's Jlnd Grantor's obligations under this Mortgage. 'POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Grantor agree that Borrower's and Grantor's possession Jlnd .use of1:he 'Property shall be governed by1:hetollowinQ provisions: P.oueulon.nd U... Until1:he occurrence of an Event of Default, GrJlntor may 11) remain in possession Jlnd control of the Property; (2) .use, Dperllte or manage 1:he Property; Jlnd 131 J:ollect 1:he Rents irom 1:he Property. Duty ~ MaIntaIn. Grantor shall maintain 1:he Property in tenantable condition and promptly perform all repairs, replacements. and maintenance necessary to preserve its VJllue. 1:ompliance WIttl.Envlronmental J.aws, Grantor represents and warrJlnts to J.ender that: (11 During the period of Grantor's ownership of the Property,1:here has been no .use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substancil by any person on, under, libout or from the Property; (21 Grantor has no knowledge of, or reason to .believe that there has been, except JlS previously Disclosed "to and acknowledged by under in writing. (al any breach or violation of any Environmental J.ews, Ib) any use, generation, manufacture, storage, treatment, Disposal, release or threatened release of any Hazardous Substance on, under, libout or irom the Property by any prior owners or occupants ot 1:he Property, or Icl any actual or threatened litigation or claims of any kind by Jlny person relating 1:0 JiUCh matters; Jlnd (31 Except as previously disclosed 1:0 Jlnd acknowle.dged by lender in writing, (al neither Grantor nor any tenant, contractor, agent or other authorized user of the Property shall .use, generate, manufacture, store, treat, DispOSe of or release Jlny Hazardous Substence on, under, about or irom the Property; and Ibl any such activity shall .be conducterl in J:Ompliance with all1lpplicable federal, state, Jlnd local ~ws, regulations and orDinances, including without limitation all Environmental.laws. Grantor authorizes under Jlnd its agents 1:0 ilnter upon 1:he Property "to make such inspections and tests, JIt Grantor's expense, as lender may Deem Jlppropriate1:O Determine J:ompliance of1:he Property with "this section of1:he Mortgage. Any inspections or tasts made by .lender shall.be 10r J.ender's purposes only and shall not.be construed to create any responsibility or liability on the part of J.ender to Grantor or 1:0 any other parJlon. The representations and warranties contained herein are :based on Grantor's due diligence in investigating 1:he Property ior Hazardous Substances. Grantor hereby 111 releases lInd waives Jlny future c~ims against .lender 10r indemnity or contribution in 1:he ilvent Grantor becomes liable tor cleanup or Dther costs ~nder Jlny .such laws; Jlnd (21 agrees 1:0 indemnify and hold harmless J.ender Jlgainst Jlny and Jill J:~ims, losses, liabilities, Damages, penalties, Jlnd ilxpenses which under may directly or indirectly sustain or suffer flIsultin.ø irom JI breach of this section of1:he Mortgajle or JlS JI consequence of any .use, generation, manufacture. storage, Disposal, release Dr threatened release occurring prior 1:0 Grantor's ownership or interest in 1:he Property, whether or not 1:he same was or should have been known 1:0 Grantor. ,.he. provisions of this section of1:he Mortgage, including 1:he obligation 1:0 indemnify, shall survive the payrnentof 1:he Indebtedness Bnd 1:he satisfaction Jlnd reconveyance of1:he lien of this Mortgage and shall not .be Jlffecterl by .lender's acquisition Df any interest in 1:he Property. whether by ioreclosure or otherwise. HWsance. WJISte. Grantor shell not cause, conduct Dr parmit Jlny nuisance nor commit, parmit, or 1Wffer Jlny stripping of or waste on or 1:0 1:he Property or Bny portion of1:he Property. Without Jimiting 1:he generality of1:he ioregoing, Grantor will not remove, or grant 1:0 Bny other party the right 1:0 rilmove, any "timber, minerJlIs (including oil and jlas), J:oal, J:lay, scoria, soil, gravel or rock proDucts without J.ender's prior ::;;i~ili[; , . . MORTGAGE ( Continued) 00181 Pag" Z ~.jS<:505Li writtelT consent. "emoval of Improvemente. Grantor shall not demolish or remove any Improvements from the Real Property without: Lender's prior written consent. A!!l a conditiOIT tu the removal ot any Improvements, lender may requinl' Grantor tu makEf arrangements !!lati!!ltactury tu Lender tu replacEf !!luch Improvements with Improvements ot at leart equal valu&. Lemler'. Rfg~ tu Eirter. Lender and lender'!!l agents and representatives may enter UpOIT thEf Real Property at all reasonabl& times tu attend tu lender's interesnr and ro inspect th& Real Property for purpO!!le!!l ot Grantor's compliance with the terms and conditions ofthilJ MortgagEf. CompllanclJ with GOV6"..",n.ldl Requirements. Grantor shall promptly comply with all law!!l, ordinance!!l, and regulations, now or hereafter ilT effect, of all governmental authoritiu applicablEf ro thEf U!!lEf or occupancy ot tf1e. Property, including without IimitatiolT, th& Americans With Di!!labilitielJ Act. Grantor may conte!!lt ilT good faith any !!luch law, ordinance, or regulatiolT and withhold compliance during any proceeding, including apprnpriatl'f IIppeallJ, so long alJ Grantor has: notitiedlender ilT writing prior ro doing !!l0 and so long a!!l, in Lender'1J sol& opinion, lender'!!l intere!!lts: in th& Property ani' not jeopardized. Lender may requinl' Grantor ro port adequatl'f !!lecurity or a !!lurety bond, rea!!lonably satisfactory tu Lender, to protect Lender's interert. Duty tu Frotect. Grantor agre&1J neither ro abandon or leave unattended the- Property. Grantor shall do all other actlJ, ilT additiolT ro tholJlf' IIctIJ set forth above ilT thllJ sectiOlT, which from the character and USEf of th& Property are. reasonably necessary tu protect and preservlJ th& Property. TAXES AND UENS. Th& following provisionlJ relating ro the taxes and liens OIT thlJ Property ani' part of thilJ Mortgage: Fayment. Grantor shall pay whelT dull' (and irT all events: prior tu delinquencyl all taxes, payroll taxes, special taxelJ, assessments, wat&r charges and sewer service charges levied alJllirTst or OIT account of thEf Property, arTd shall pay whelT due all claimlJ for work dol'TEf OIT or for services rendered or material furnished ro thEf Property. Grantor shall maintailT thEf Property freEf of any liens having priority over or equal tu thEf interest of Lender under this: Mortgage, except for the EXisting IndebtednelJlJ referred tu ilT thi!J Mortgage or thuSif' liens: specifically agreed ro lIT writing by lender, and except for th& lielT of taxe!J and assessments not due a!J further specified ilT th& Right tu Contest paragraph. Rfg~ to Contest. Grantor may withhold payment ot any tax, as!!lelJ!!lment, or claim in connectiolT with 8 good faith disput& over tf1e. obligatiorT to pay, !!l0 long as lender'!!l interest irT the Property ilJ not jeopardized. It a lien arises or is filed 8S 8 result of nonpayment. Grantor !!lhall withilT fifteelT (1!i) daylJ after the lielT ari!Je!J or, it a lielT i!!l filed, withilT fifteen (1!i) days after Grantor has notice of thEf filirTg, !!lecure tf1e. discharge ot thEf lielT, or if requested by lender, depo!!lit with Lender ca!!lh or a !!lufficient corporatl'f surety bond or other !!lecurity satisfacrory to Lender irT alT amount !!lufficient to discharge the lien plUIJ any cosnr and reasorTable attomey!!l' fee!!l, or other chargelJ that could aCcruEf alJ a. re!!lult ot a foreclosunl' or !!lalEf under the lielT. lIT any contest; Grantor shall defend itself and Lender and shall satisfy any adverse judgment before erTforcement agairTrt thEf Property. Grantor shall rrame lerTder 8!J an additiorral obligeif' under any !!lurety bond furni!!lhed ¡IT thEf contest proceedirTglJ. EVldanclJ of F'ayment. Grantor shall upon demand furnish ro lender satisfactory evidence ot payment of thEf taxelJ or asse!!l!!lments and shall authorize thEf apprnpriat& governmental official ro deliver to lender at any time a writterT statement of the taxes and asseslJlTTents against th& Property. Not/c. of Construction. Grantor shall notify lender at least fifteen 11!i) days before any work is commenced, ·any !!lervicelJ ani' furni!!lhed, or any materials ani' supplied ro thE!' Property, it any mechanic's lierT, materialmerT's 1i&IT, or other lielT could be aSSE!'rted OIT account of tf1e. work, servicelJ, or material!!l. Grantor will UpOrT request ot Lender furnish ro Lender advance assurancelJ satisfacrory ro lender that Grantor calT and will pay the cort of sucIT improvE!'ments. PROPERTY DAMAGE INSURANCE. ThEf following provi!Jlons relating ro insurirTg th& Property ani' a part ot thi!J Mortgage: Malntemmc. of Insuranc.. Grantor shall proCUnl' and maintailT policies ot finl' irTsurance with standard extended coveralJEf erTdorsements OIT a replacement basis for th& full insurablEf valuEf coverirTg all Improvements OrT thEf Real Property irT aIT amount sufficient to avoid applicatiolT of any coinsurarTcE!' clause, and with a standard mortgageII' clause iIT tavor ot Lender. Grantor shalt also proCUnl' and malntallT comprehensive general liability irTsurance iIT such coverage amountIJ 8IJ lerTder may request with lerTder being named as additional irTsuredlJ irT such liability insurarrce policies. Additionally, Grantor shall maintairT such other irTsurance, includirTg but not limited to hazard, buslrTes!J interruptiolT and boiler insurance as LerTder may require. Policies shalt bEf written by such insurarrcE!' companies and irT such form as may b& reasorTably acceptablEf ro lender. Grantor shall deliver to lender certificate!J ot coverage from each insurer containirTg a stipulatiolT that coveralJEf will not be cancelted or diminished without: a mirTimum ot ten (101 days' prior writterT notic& to LerTder and not containirTg any disclaimer of the insurer's liability for failure to giVEf such notice. Each insurancEf policy also shall include an endorsement providirTg that coveragEf irT tavor ot Lender will not bEf impaired iIT any way by any act, omissiolT or default ot Grantor or any other persolT. Should the Real Property be located IrT alT ar&a designated by the Dir&cror of th& Federal Emergerrcy Management Agency as a special flood hazerd aretf. Grantor agrees ro obtairT and maintain Federal Rood Insurance, if available, withlrT 417 days after rTotice is giverT by Lender that the Property Is located irT a special flood hazard area, for the full unpaid prirrcipal balarTcE!' of the loan arTd any prior liens OIT th& property securing th& 10arT, up to thEf maximum policy IImitIJ set under the NatiorTal Rood Insurarrce Program, or as otherwise required by Lender, arTd to maintaiIT such irTsuranc& for the term of the 10alT. Appllcatton of F'roceeds. Grantor shalt promptly rTotify lender ot any 10sIJ or damage to the Property. LerTder may make proof of 10sIJ it Grantor fails to do so withlIT fifteerT 11!i) days ot the casualty. Whether or not lender' IJ security is impaired, lerTder may, at lender's electiolT, raeeive and rmilT the proceeds ot any insurance and apply thlJ proceeds to thlJ reductiolT ot thEf Indebtedness, payment of any 1i&IT affectirTg the Property, or the restoration and repair of the Property. It Lender electIJ to apply the proceedlJ to restoratiolT and repair, Grantor shall repair or replacE!' the damaged or destroyed Improvements irT a marmer satisfacrory ro Lender. lender shalt, upon satistacrory proof of such expenditure, payor reimburse Grantor from thEf proceeds for thEf reasorTable cort ot repair or restoratiOrT it Grantor is not iIT default under thilJ Mortgag&. Any proceedlJ which havE!' not beerT disbursed withiIT 180 days after their receipt arTd which lender halJ not committed ro thE!' repair or restoratiorT of thEf Property lihall be used first ro pay any amount owing ro lender urTdE!'r thi!J Mortgage, therT tu pay accrued interest, and the remairTder, if any, shall be applied to the principal balance ot the IrTdebtedness. It lender holdlJ any proceeds after payment in full ot the IrTdebtedrTess, such proceeds shall bEf paid to Grantor as Grantor's interest!J may appear. Compliance with EXisting Indebtednen. DurirTg thE!' period irT which any EXisting IndebtedrTess described below is irT effect, compliarTce with the insurancEf provisions contairTed irT th& instrument evidencing such EXistirTg IrTdebtedness shall constitute compliance with thEf insurarTc& provisions under this Mortgage, ro thEf extent compliance with the tER'mS of this MortgalJEf would COrTstitute II duplicatiorT ot irTsurance requirement. If any proceeds from tire insurance become payablE!' OrT loss, the provisionlJ in this Mortgage for divisiolT of proceeds shall apply only to that portiOrT ot thE!' proceedlJ not payable ro the holder ot the EXisting Indebtedness. LENDER'S EXPENDITURES. It any actiorT or proceedirTg is commerTced that would materially affect lerTder's interest irT th& Property or it Grantor fails ro comply with any provislolT ot this Mortgage or any Related DocumentlJ, including but not limited ro Grantor's failunl' ro comply with any obligatiorT to maintairT EXisting Indebtedness in good starTding as required below, or to discharge or pay wherT due any amounts Grantor is required ro discharge or pay urTder this Mortgage or any Related Documents, Lender on Grantor's behalf may (but shall not be obligated rol take any actiolT that lerTder deems appropriate, includirTg but: not limited to discharging or paying alt taxes, liens, security interest!J, encumbrarrcelJ and other claims,at any tim& levied or placed OrT th& Property and paying alt costs for irTsuring, maimaining and preservirTg the Property. AIt such expenditures irTcurred or paid by Lender for such purposes will theIT bear interest at the rate chargEfd under the Note from thE!' date irTcurred or paid by lender to the dat& ot repayment by Grantor. AIt such expenselJ will become a part ot the Indebtednes!J arTd, at lendE!'r's option, will (AI be payable OrT demand; (8) be added to the balarTce ot the Not& and bEf apportioned among and be payable with any installment payments to become due during either 111 the term ot any applicable insurance policy; or (2) the remaining term ot the Note; or (CI bEf treated a!J a balloolT payment which will bE!' due and payablE!' at the Note's maturity. The MortgagE!' also will secunl' payment of these amounts. Such rig~ shalt be irT additiorT to. all other rights and remedies to which lender may be entitled UpOrT Default. WARRANTY; DEFENSE OFT1TlE. ThEf following provisions relatirTg ro oWrTership ot the Property are a part ot this Mortgage: TTtfIJ. Gramor waITants that: (al Grantor holds good and marketablEf title of record to the Property in feE!' simplEf, free arTd clear of all lierTs and encumbrances other tharT those set forth in the Real Property descriptiorT or irT the EXistirTg Indebtedness section below or in any title insurarTce policy, titlEf report, or firTal title opiniorT issued ¡rT favor ot, and accepted by, lender irTcorTnectiorT with this Mortgage, and Ibl Grantor.has the full right, power, and authority tu execute and deliver this Mortgage to LerTder. Defens. of TTtf.. Subject to thEf exceptiorT in the paragraph above, Grantor warrants and will forever defend the title ro the Property against thEf lawful claims of all persons. IrT the event any action or proceedirTg is commerTced that questions Grantor's titlEf or the interest ot lerTder under this Mortgage, Grantor shall defend the actiorT at Grantor's experTse. Grantor may be the nomirTal party ilT such proceedirTg, but Lender shall be entitled to participate inthE!' proceeding ànd to be represented in thE!' proceedirTg by counsel of lender's OWrT choice, and Grantor will deliver, or caUSEf to be delivered. to Lender such instruments as Lender may request from time to timec to permit such , I ~~[~;~~mmili:¿ " r: ,i'. !~c S· I'd U-:J'~~U ... MORTGAGE (Continued) .... . , 0(ì182 I.- .,j ,-' Page 3 participation. Compliance WIth J.aws. Grantor warrants that the Property and Grantor's !lse of ~ Property complies with lIlI existing applicBble Jaws, ordinances, and regulations of governmentalliUthorities. Survival of Representations Jand Warranties. All representations, warranties, lInd agreements made by Grantor in this Mortaage shall JiUrvive the execJJtion and delivery of this Mortgage, shall be continuing in nature, and shall remain in f!lllforce Jlnd effect !Inti! JiUch time JIS :Borrower's Indebtedness shall be paid in full. EXJSTJNG JNDEBTEDNESS. The following provisions concerning Existing Indebtedness are a part of this Mortgage: Existing J.len. The lien of this Mortgage securing the Indebtedness may be secondary and inierior to an existing lien. Grantor ilxprilssly covenants and Jlgrees to pay, Dr see to the payment of, the Existing Indebtedness and to prevent any default on JiUch indebtedness. any default !lnder'thè instruments evidencing such indebtedness, Dr any default under any security documents for JiUch indebtedness. No Modification. Grantor shall not enter into lIny agreement with the holder of any mortgage, deed of trust, Dr other security lIgreement which has priority over this Mortgage by which that agreement is modified, amended, extended, or renewed without the prior written consent of .Lender. Grantor shall neither request nor accept any future adval1Dfls 1Jnder any S1Jch sewrity lIgreement without ~ prior written consent of .Lender. CONDEMNATJON. Tha following provisions relating to condemnation proceedings are a part of this Mortgage: Proc_dings. If any proceeding in condemnation is filed, Grantor shall promptly notify.Lender in writing. and Grantor shall promptly Uke such steps liS may be necessary to defend the action and obtain the award. Grantor may be the nominal party in such proc_ding, .but .Lender shall be entitled to participate in the proceeding and to be represented in the proceeding by counsel of its own choice, and Grantor will deliver or cause to be delivered to lender such instruments and documentation liS may be requested by .Lender from time to time to permit such participation. Application of Net Proceeds. If all or any part of the Property is condemned by ilminent domain proceedings or by any proc_ding Dr purchase in lieu of condemnation,.Lender may at its election require thet all or any portion of the net proceeds of the award be applied 10 the Indebtadness or the repair or restoration of the Property. The net proc_ds of the award shall mean the award after payment of .all reasonable costs, expenses, and attorneys' fees incurred by lender in connection with the condemnation. JMPDSITJON DfTAXES, Æ£S AND CHARGES:BY GOVERNMENTAl AUTHORITŒS. The following provisions relating to governmental taxes, 1ees and charges are a part of this Mortgage: Current Taxes, Fees.and Charges. Upon request by .Lender, Grantor shall execute such documents in addition to this Mortgage and take whatever other action is requested by lender to perfect.and continue .Lender's lien on the Real Property. Grantor shall reimburse .Lender for Jill taxes, as described below, together with all expenses incurred in recording, perfecting or continuing this Mortgage, including without limitation lIlI taxes, fees, .documentary stamps, and other charges for recording Dr registering this Mortgage. Taxes. Ihe following shall constitute taxes to which this Bection applies: (1) a specific tax !lpon this type of Mortgage or lJPon lIlI Dr any part of the Indebtedness secured by this Mortgage; (2) a specific tax on :Borrower which :Borrower is authorized or req1Jiredto deduct from payments on the Indebtedness secured by this type of Mortgage; (3) a Ux on this type of Mortgage chargeable against ~ Lender or the holder of the Note; and (4) II specific tax on all Dr any portion of the Indebtedness or on payments of principal and interest made by :Borrower. Subsequent laxes. H any tax to which this Bection applies is enacted SJJbsequent to the date of this Mortgage, this event shall have the same effect JIS an Event of Default, and lender may,exercise any or all of its available remedie$ for an Event of Default as provided below !lnless Grantor either (1) pays the tax before it becomes delinquent, or (2) contests the tax as provided Bbove in the Taxes and .Liens section and deposits with Lender cash or a sufficient corporate JiUrety bond or other security satisfactory to Lender. BECURITY AGREEMENT: fJNANCING STAl'EMENTS. The following provisions relating to this Mortgage as a security lIgreement are a part of this Mortgage: Security Agr_ment. This instrument shall constitute a Security Agreement to the extent any of ~ Property constitutes fixtures, and Lender shall have all of the rights of a secured party 1Jnder the Uniform Commercial Code as amended from time to time. Security Jnterest. Upon request by .Lender, Grantor shall Uke whatever action is requested by Lender to perfect and continue Lender's security interest in the Rents and Personal Property. In addition to recording this Mortgage in the real property records, .Lender may, lit any time and without further authorization from Grantor, 1i1e executed counterparts, copies or reproductions of this Mortgage JIS a financing statement. Grantor shall reimburse Lender for all expenses incurred in perfecting Dr continuing this security interest. Upon default, Grantor shall not rBmove, sever or detach the PBrsonal Property from the Property. Upon default, Grantor shall JlSsemble lIny Personal Property not affixed to the Property in a manner and at a place reasonably convenient to Grantor and Lender and make it lIvailable to Lender within three (3) days after receipt of written demand from Lender to the ,extent permitted by applicable law. Addr...... The mailing addresses of Grantor (debtor) and .Lender (secured party) from which information concerning the security interest yranted by this Mortgage may be obtained (each as required by the Uniform Commercial Code I are as stated on the first page of this Mortgage. fURTHER ASSURANCES; ATTDRNEY-IN-fACT. The following provisions relating to further ilSsurenCBS and attorney-in-fact are a part of this Mortgage: further AsaurJlncea. At any time, and from time to time, lJPon request of Lender, Grantor will make, ,execute and deliver, Dr will J::ause to be made, executed or delivered, to Lender or to Lender's :designee, and when requested by.Lender, cause to be filed, recorded, T,efiled, Dr rerecorded, as the cilSe may be, at such times and in such offices and places iIS Lender may deem appropriate, any and all such mortgages, deeds of trust, sec1Jrity .deeds, security lIgreements, financing statements, J::ontinuation statements, instruments of further ilSS1Jrance, J::ertificates, and other doc1Jments liS may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete, perfect, continue, Dr preserve (1) :Borrower's Bnd Grantor's obligations !lnder the Note, this Mortgage, and the ReJated Documents, and (2) the liens and security interests created by this Mortgege on the Property, whether now owned or hereafter acquired bv Grantor. Unless prohibited· by law or Lender agrees to the contrary in writing, Grantor shall reimburse .Lender for all J::osts and expenses incurred in connection with the matters referred to In this paragraph. Attorney-in-fact. If Grantor fails to do any of the things r,eferrBd to in ~ preceding paragraph, l.ender may do so for and in the name of Grantor Bnd lit Grantor's expense. for such purposes, .Grantor hereby irrevocably appoints l.ender as Grantor's Bttorney-in-fact for the purpose of making, exec1Jting, delivering, filing, recording, and doing lIlI other things as may be necessary or desirable, in .Lender's sole opinion, to accomplish the matters referred to in the preceding paragraph. fULl PERfORMANCE. If :Borrower pays all the Indebtedness when due, Bnd otherwise performs all the obligations imposed .uPon Grantor !.Inder this Mortgage, .Lender shall execute and deliver to Grantor a suitable satisfaction of this Mortgage and JiUitable statements of termination of any 1inancing statement on file evidencing Lender's Becurity interest in the Rents and the Pèrsonal Property. Grantor will pay, if permitted by applicable Jaw, Bny reasonable termination fee as determined by .Lender from time to time. J:VENTS OF DEfAU.LT. Each of the following, at Lender's option, shall constitute an Event of Default JJnder this Mortgage: PJlyment Default. :Borrower fails to make BnY payment when due under the Indebtedness. Default on Other PJlymenu. failure of Grantor within ~ time requirtld by this Mortgage to make any payment foruxes or insurance, Dr any other payment necessary to prevent filing of or to effect discharge of Bny lien. Other Defaults. :Borrower or Grantor fails to comply with Dr to perform lIny other term, obligation, J::ovenant or condition contained in this Mortgage Dr in any of the Related DOC1Jl11ents or to comply with or to perform any term, obligetion, J::ovenant or condition contained in Bny mhar agreement between .Lender Bnd :Borrower or Grantor. f.alae SUteDJltnU. Any warranty, representation or statement made Dr f1Jrnished to Lender by :Borrower Dr Grantor or on :Borrower's Dr Grantor's behalf !.Inder this Mortgege Dr the Related DOJ::Uments is false or misleading in any material respect, ,either now Dr at the time made or 1wnished or becomes false or misleading at any time thereafter. Defective CollateraJiUltlon. Ihis Mortgage Dr lIny of the Related Documents ceases to be in fullforcB and effect (including failure ofllny collaterlll.document to .create B valid and perfected sec1Jrity interest Dr Jien) lit any time and for lIny reason. Death Dr Jnsolvency. The dissolution or termination of :Borrower's or Grantor's existence liS a going business, the insolvency of Borrower Dr /it' '.. '-..r'54 ., .,',.. '- \' ,'j' . '.}j_~ _u >JJ. ..,J; MORTGAGE (Continued) .00183 Page 4 Grantor, thE!' appointment ot a receiver for any part ot Borrower'~ or Grantor'~ property, any assignment for thE!' bene~ ot cnKIitonr, any tyPE!' ot crE!ditor workout, or thE!' commencement ot any proceeding under any bankruptcy or insolvency laws by or against Borrower or G~nto~ . Credftor or Forfeltunt Froceedlngs. Commencement of foreclosurfJ or forfeiturfJ proceedings, whethfJr by judicial procfJeding, selt-help, repossession or any other method, by any creditor of Borrower or Grantor or by any governmental agency against any property ~ecuring th& Indebtedness. This includes a garnishment ot any ot Borrower's or Grantor's accounts, including deposit accounts, with lender. However, this Event ot Default shall not apply it there is a good faith dispute' by Borrower or Grantor as to thfJ validity or reasonablfJness ot tl1& claim which is thfJ basis ot the creditor or forfeiturE! proceeding and if Borrower or Grantor gives lender written notice ot thfJ creditor or forfeiture' proceeding and deposits with lendfJr monies or a surety bond for the creditor or forfeiture proceeding, in arr amount determined by lender, in its solE!' discretion, as being an adequate' reservE!' or bond for tl1& dispute. EXisting Indelmrdnen. The payment ot any installment ot principal or any interest on the Existing Indebtedness is not mad& within th& tirmJ- requirE!d by th& promissory not& evidencing such indebtedness, or a default occurs under thE!' instrument securing such indebtedness and is not cured during any applicable grace period in such instrument, or any suit or other 8ctiorr i~ commenced to foreclo~& any existing lierr orr tl1& Property. Bntactr of Other Agreament. Any breach by Borrower or Grantor under the terms ot any other agreement betweerr Borrower or Grantor and lender that i~ not remedied within any grace. period provided therein, including without limitatiorr any agreement concerning any indebtedness or other obligatiorr ot Borrower or Grantor to lender, whethfJr existing now or later. Events Affecting Guarantor. Any ot th& preceding events occunr with respect to any Guarantor of any ot thfJ Indebtedness or any Gua~ntor dies or become~ incompetent, or revokes or disputes th& validity ot, or liability under, any Gua~nty ot th& Indebtedness. Advers. Change. A material advanr& changE!' occunr irr Grantor'~ financial condition, or lender believes th& prospect of payment or performanc& ot tl1& Indebtednes~ is impaired. Insecurity. lender in good faith believE!'s itselt insecUrEl. RIGHTS AND REMEDIES ON DEFAULT. Upon thE!' occurrenc& ot an Event of Default and at any tim& thereafter, lender, at lender's optiorr, may E!'xercisE!' any one or more' ot th& following rights and remedie~, in additiorr to any other rights or remedies provided by law: Accelerate Indebtedness. lender shall havE!' tl1& right at its option without noticE!' to Grantor to declare' thE!' entire Indebtedness immediately du& and payabl&, including any prepayment penalty which Grantor would be. requinKI to pay. UCC Ramedles. With respect to all or any part ot thfJ Personal Property, lender shall havE!' all thE!' rights and remedies ot II secunKI party undE!'rth& Uniform Commercial Cod&. Collect Rents. lender shall havE!' tl1& right, without notice to Borrower or Grantor, to tak& possessiorr ot th& Property, including during tl1& pendency of foreclosum, whlrther judicial or non-judicial, and collect th& Rents, including amounts past du& and unpaid, and apply the. net proceeds, over and abovE!' lendE!'r'~ com, against the Indebtedness. In furtherance of this right, lender may require' any tenant or othEJr user ot the. Property to make. payments ot rent or US& fees directly to lender. If tl1& Rents are' collected by lender, then Grantor irrevocably designates lender as Grantor's attorney-in-fact to endorse. instruments received in payment thereot in the. name. of Grantor and to negotiate' tl1& sam& and collect th& proceeds. Payments by tenants or other usenr to lender in response. to lender's demand shall satisfy the obligations for which thE!' payments ar& made., whether or not any proper grounds for thfJ demand e.xisted. lender may exercis& its rights under thi~ subparagraph either in persorr, by agent, or through a receiver. Appoint" Receiver. lender shall have thfJ right to have a reèeiver appointed to take. possessiorr of all or any part ot the. Property, with tl1& power to protect and preserve the Property, to operate th& Property preceding foreclosure' or ~ale., and to collect th& Rents from tl1& Property and apply the. proceeds, over and abov& the cost of thfJ receivership, agilinst the. Indebtednen. Th& receiver may serv& without bond if permitted by law. lender's right to tl1& appointment of a receiver shall exist whether or not th& apparent valu& of tl1& Property exceeds th& Indebtedness by a substantial amount. Employment by lender shall not disqualify a person from serving as a receiver. Judicial Fontclosunt. lender may obtairr a judicial decree foreclosing G~ntor' s interest in all or any part of thfJ Property. Nonjudicial Sal.. lender may foreclose Grantor's interest in all or irr any part of thfJ Property by norr-judicial sal&, and specifically by "power of sal&" or "advertisement and sal&" foreclosurE!' as provided: by statut&. Deficiency Judgment. If permitted by applicabl& law, lender may obtain a judgment for any deficiency rE!maining irr the IndebtednesIJ dug to lender after application of all amounts received from thE!' exercise of the rights provided in thi~ sectiorr. Tenancy at Suffimmce. It Grantor remain~irr possessiorr of tl1& Property after th& Property is sold u provided abov& or lender otherwis& becomes entitled to possessiorr of th& Property uporr default ot Grantor, Grantor shall become a tenant at suffe~nc& of lender or th& purchaser of the Property and shall, at lender's optiarr, either 11) pay a reasonable. rental for th& US& of th& Property, or 12) vacat& tl1& Property immediately upon tl1& demend ot lender. Other Remedies. Lender shall have all other rights and remedies provided in this Mortgag& or the. Note or availabl& at law or in equity. Sala of th.. fJroperty. To the extent permitted by applicable law, Borrower and Grantor hereby waive any and all right to have th& Property marshalled:.· In exercising its rights and remedies, Lender shall b& free to sell all or any part of th& Property together or separately, irr one sale or by sepa~æ sales. lender shall bg entitled: to bid at any public sale on all or any portion of th& Property. Notice of Sale. lender shall give Grantor reasonable. notiC& of the time and plac& of any public sale. of th& Personal Property or of th& tirmJ- after which any private sale or other intended disposition of thfJ Personal Property is to b& mad&. Reasonabl& noticII' shall mean notice gÎVerr at least ten It 0) days beforg thlJ time of th& sale or disposition. Any sal& of thg Personal Property may b& mad& irr conjunctiorr with any sal& ot th& Real Property. Sectlorr of Remedl... Bectiorr by lender to pursu& any remedy shall not exclud& pursuit of any other remedy, and an electiorr to make expenditures or to tak& actiorr to perform arr obligation of Grantor under this Mortgag&, after Grantor's failure' to perform, shall not affect lender's right to declare a default and exercls& its remedies. Nothing under this Mortgage or otherwis& shall be construed: so as to limit or restrict th& rights and remedies available to lender following an Event of Default, or irr any way to limit or restrict th& rights and ability of lender to proceed: directly against Grantor andlor Borrower and/or against any other co-maker, gua~ntor, surety or endonrer andlor to proceed against any other collateral directly or indirE!ctIy securing the Indebtedness. Attorneys' Fees; Expenses. If lender institutes any suit or action to enforc& any of th& terms ot thi~ MortgagE!', lender shall be. entitled to recover such sum as the court may adjudg& reasonable as attorneys' fees at trial and uporr any appeal. Whether or not any court actiorr is involved, and to the extent not prohibited by law, all reasonable. expenses lender incurs that irr lender'~ opinion are' necessary at any tirmJ- for th& protection ot its interest or the enforcement of its rights shall becol'TT!f a part of the Indebtedness payable on demand and shall bear interest at th& Not& rate' from thE!' date' of the expenditure until repaid. Expenses covered by this parag~ph incrud&, without limitatiorr, however subject to any limits under applicabl& law, lender's reasonablee attorneys' fee~ and lender's legal expense~ whether or not ther& i~ If lawsuit, including reasonabl& attorneys' fees and expenses for bankruptcy proceedings (including efforts to modify or vacate' any automatic stay or injunction), appeals, and any anticipated post-judgment collection serviceIJ, th& cost of searching record~, obtaining titI& reports (including foreclosum reportsl, surveyors' reports, and appraisal fees and titlee insu~nc&. to thfJ extent permitted by applicabl& law. Grantor also will pay any court com, in additiorr to all other surmr provided by law. NOTICES. Any notice required to be given under this Mortgagee, including without limitation any notice of default and any notic& of sal& shall b& given in writing, and shall b& effectivlJ when actually delivered:, when actually received by tellJfacsimil& lool&ss otherwis& required: by law), wherr deposited witIT a nationally recognized overnight courier, or, if mailed, when deposited in thfJ United States mail, as first class, certified or registered mail postage prepaid, directed to the addresses shown near the beginning of this Mortgage. All copies of notice5 of forecl05ur& from th& holder of any lien which has priority over this MortgeglJ shall bE!' sent to lender's address, as shown near thE!' beginning of thi5 Mortgage. Any party may chang& its addre5s for notices under this Mortgage by giving formal written notice to the other parties, specifying that the purpose ot the notice is to change the party's address. For notiC& purposes, Grantor agree~ to keep lender informed at all times of Grantor's current address. Unless otherwis& provided or required: by law, if there is more than on& Grantor, any notic& giverr by lender to any Grantor i~ deemed to b& notice given to all GrantortJ. MISCElLANEOUS fJROVISIONS. ThE! following miscellaneous provisions are a part of this Mortgag&: Amendments. This MortgagE!', together with any Related Documents, constitutes the. entim understanding and agreement of the partie~ as to th& matters SlIT forth in this Mortgage. No alteration ot or amendment to thi5 Mortgag& shall b& effectiv& unles~ given in writing and signed by th& party or parties sought to be charged or bound by the alteration or amendment. ;!ijI~~~~~I!~:~·{ r, .," .". f-'" 5,1. ijj:.::... ~.~'~ --t \. MORTGAGE (Continued) f'\ ,... ·1 0 4 ..} ;,.'J.O Page 5 Annual Reports. If 1he Property is used for purposes other 1han Grantor's rilsidence, Grantor shall furnish to under, upon request, a cilrtifÌi!d statement of net operating income rilceived from the Property during Grantor's previous fiscal year in such form and detail as under shall require. "Net operating income" shall mean.all .c.ash receipts from the Property less BII cash expenditures made in connection with the operation of the Property. Caption Headings. Caption headinfls in this Mortgage Bre for convenÌi!nce þLIrposes only Bnd Bre not to be used to interpret Dr define 1he provisions of this Mortgage. Governlnjl l.aw. This Mortgage wUI.be govemed.by federal Jaw appllcable1D .lender ilnd, to the extent not preempted.by fedeDlI Jaw, the Jaws of the State of Wyoming without regard to its conflicts of Jaw provisions. This Mortgage has .been ~c:epted.by .lender In the State ~f Wyoming. .lolnt ilnd Several J.JabUity. All obligations of Borrower and Grantor under ~is Mortgage shall be joint Bnd se~ral, and all references to Grantor shall mean each and ilvery Grantor, .and all references·"to Borrower shall mean each and every Borrower. ,his means 1hat ~h Borrower and Grantor signing below is responsible for BII obligations in this Mortgage. No Waiver by !.ender. under shall not be deemed to have waived any rights under this Mortgageunless such waiver is given in writing and signed by !.ender. No delay or omission on the part of !.ender in exercising Bny right shall operate BS a waiver of such right or .any other right. A waiver by .lender of a provision of this Mortgage shall not priljudice or constitute a waiver of !.ender's right otherwise "to demand .strict compliance with that provision Dr any other provision of this Mortgage. No prior waiver by under, nor Bny course of dealing .between .lender and Grantor, shall constitute a waiver of .any of .lender's rights Dr of any of Grantor's obligations as to ilny f1Jturs transactions. Whenever ~e consent of !.ender is required under this Mortgage, 1he granting of 5uch consent by .lender in any instance shall not constitute continuing consent to S1Ibsequent instances where such consent is required and in all cases such consent may be flranted or withheld in the sole discretion of under . SeverabJlity. If a court of competent jurisdiction finds any provision of this Mortgage to be illegal, invBlid. or unenforceable as to Bny per50n or circumstance, 1hat finding shall not make the offending provision illegal, invalid, or unenforcsable BS to Bny other person Dr circumstance. If feasible, the offending provision shall be considered modified JlO that it .becomes leflal, valid Bnd enforceable. If ~e offending provision cannot.be so modifÌi!d, it shall be considered deleted irom ~is Mortgage. Unless otherwise rsquired by law, the illegality. invalidity, Dr unenforceability of any provision of this Mortgage shall not affect the legality. vBlidity Dr ilnforceability of Bny other provision of this Mortgage. Merger. ,here 5hall .be no merger of the interast or ilstate created by this Mortgage with Bny other interest or estate in the Property .at .any time held by or ior1he benefit of .lender in .any capacity, without the written consent of .lender. 51Iccusors iII1d AuiQns. Subject "to any limitations statsd in this Mortgage on 1rBnsfer of GrBntor's interast, this Mortgage shall.be binding upon and inure to 1he benefit of the partÌi!s, 1heir successors .and assigns. If ownership of 1he Property.becomes vested in.a person other 1han Grantor,under, withcwt notice to Grantor, may deal with Grantor's succilssors with referilnce to this Mortgage .and 1he Indebtedness by way of iorbearancs or ilxtension without releasing Grantor from the obligations of this Mortgage or liability under the Indebtedness. 'ime1s ~f the £nence. Time is of 1he ilssence in the performance of this Mortgage. WBlver of tlomeatead .£xemption. Grantor herilby releases and waives all rights .and .benefits of the homestead sxemption laws of 1he State of Wyoming as "to all Indebtedness secured by this Mortgage. DEFINITJONS. ,he following .capitalized words and terms shall have the following meanings when used in ~is Mortgage. Unless _pecifically .stated to the contrary, .all referencils to dollar amounts 5hall mean Bmounts in lawful money of 1he United States of America. WordsBnd terms .used in the singular shall include the phlral, Bnd the plural shall include the singular, .as the context may require. Words Jlnd terms not otherwise Defined in ~is Mortgage shall have the meanings Jlttributed to such tarms in the Uniform Commercial Code: Borrower. ,he word "Borrower" means COUNTRY CRAfTSMEN ENTERPRISES, INC.and includes .all co-.igners and co-makers signing 1he Note and Jill their successors Bnd assigns. Default. ,he word "Default" means the Default set forth in this Mortgage in the section titled "Default". £nvironmental.Laws. ,he words "Environmentall.aws" mean .any .and BII state, federal Jlnd local statutes, regulations .and ordinances relating "to the ¡JrD1ection of human health or the ilnvironment, including without limitation the Comprehensive Environmental Response. Compensation, .and .Liability Act of 1980, as amended, 42 U.S.C. Section 9601, et seq. ("CERClA"), the Superfund Amendments Jlnd Reauthorization Act of 1986, PlIb. 1.. No. 99-499 ("SARA"I. the -Hazardous Materials ,ransportation Act, 49 U.S.C. Section 1B01.,et lIeq., ~e Resource ConservJltion Jlnd Recovery Act, 42 U.S.C. Section £901, et seq., or other Jlpplicable 5tate or filderJlI laws, rules, or regulations Bdopted pursuant thereto. Event of Default. The words "Event of Default" mean Bny of ~e ilvents of default set forth in this Mortgage in the ,events of default section ofthis Mortflage. Existlni Jndabtedness. ,he words "Existing Indebtedness" mean the indebtedness descrilied in the Existing .Liens provision of ~s Mortgage. GrBntor. ,he word "GrBntor" means GUSTAVE ~INDBlOM and ~ YNN ~INDBLOM. Guanll1tor. ,he word "GuarBntor" means any guarantor, sunny, or .accommodation party of .any or all of1he Indebtedness. GUIII1Inty. ,he word "GuarBnty" means the guarJlnty from GuarBntor to .lender, inchlding without limitation JI guaranty of all or:pBrt of the Note. tlazarØous Substancea. Ins words "tIa2ardous SlIbstances" mean materials 1hat, .because of ~eir quantity, concentrBtion or physiCill, chemical or infectious charJlcteristics, may cause or pose JI prilsent or potential hazard to human health or the ilnvironment when improperly used, trilated, stored. disposed of, generated, manufactured. transported or otherwise handled. The words "tlazardous Substances" aril .used in their very broadest sense Jlnd include without limitation any and Jill hazardous or toxic 5ubstances, materials or waste as Defined.by or listed under 1he Environmentall.aws. The term "tlazardous SlIbstances" Jllso includes, without limitation, petroleum .and petroleum by-products or Jlny iraction thersof and Jlsbestos. Jmprovements. ,he word -Improvements" means all existing and iuture improvements, .b1Iildinfls, str1lCtUres, mobile homes Bffixed on ~e flea I Property, iacilities. .additions, rsplacements.and other construction on the Real Property. Indebtedness. 'he word "Indebtedness" means all principal, interest, Bnd other .amounts, costs.and expenses payable lInder 1he Note or Related Documents. together with all renewJlIs of, extensions of, modifiCJItions of, consolidations of Jlnd substitutions for the Note or Related Documents Jlnd Bny amounts expended or Bdvanced by under to discharge Grantor's obliflations or expenses incurrild by !.ender"to enforce Grantor's obligations under this Mortgage, together with interest on such amounts JlS provided in this Mortflage. SpecifiCillly, without limitation, Indebtedness includes Jill amounts that may be indirilctly secured by the Cross-Collateralization provision of ~is Mortgage. .lender. ,he word ".lender" means The Converse County Bank, its successors and assigns. Mortgage. ,he word "Mortgage" means this Mortgage bet_n Gr.antor and .lender. Note. ,he worD "Note" means the promissory note dated December B, 2005, in 1he original principal amount of $245,410.12 irom Borrower to .lender, "together with all renewals of, ,extensions of, modifications of. refinancings of, consolidations of, Jlnd sllbstitutions for the promissory note or agreement. hrsonal Property. ,he words "Personal Property" mean all ,equipment, fixturils, Jlod other Brticles of personal property now or nsrilafter owned by Grantor, and now or hereafter Jlttached or Jlffixed"to 1he Real Property; "together with .all accessions, parts, and additions "to, BII rilpJacilments of, Jlnd Jill 5ubstitutions for, any of such property; .and together with Jill proceeds (including withom limitation BII insur.ance proceeds and rilfunds of premiums) from Jlny 5ale or other disposition of the Property. Property. ,he word "Property" means collectively the fleal Property Jlnd the Personal Property. Real Property. ,he words -Real Property" mean the real property, interilsts Bnd rights. JlS further described in this Mortgafle. ReJated Documents. ,he words "Related Documents" mean Jill promissory notes, credit agreements. loan agreements. ,environmental Jlgreements, guaranties, 58Curity Jlgreements, mortflages, deeds of trust, 5eCJJrity deeds, collateral mortgeges, .Bnd Jill other instruments, Jlflreements .and .doCJJments, whether now or hereafter ilxisting. ,exec1lted in connection with the Indebtedness. lI.J,~~. __~,3I<C)54 MORTGAGE (Continued) 00185 paga & Rentt. ThEJ word "Rents" means all presEfnt and future rents, revenues, incomEJ, issues. royalties, profits, and other benefits derived fram thlf Property. EACffGRANTOR ACKNOWlEDGES HAVING READ ALL THE PROVISIONS OF THIS MORTGAGE AND EACff GRANTOR AGREES TO ITS TERMS. )(&¡¡;fu1W~'..~H LYNN U BLOM ........-...-............. ..-........................... ............-................. .............-................ .............................. . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .............................. .......-....................... .'...-........................ ............................... .....-........................ .. ................-..'....;...;...;.;.;.;.;.:...;...;.. INDIVIDUAL ACKNOWLEDGMENT ßÄŒOF ~ COUNTY OF '. . , 'SS , TRESSIEAUSTIN NOTARY PUBLIC COUNTY OF. STÄTEOF CONVERSE WYOMING MY COMMISSION EXPIRES JUNE 21, 2009 On thhr day bEJfore mEJ, thEJ undersigned Notary Public, personally appeared GUSTAVE UNDBLOM and LYNN UNDBLOM. to me knowlT to bEJ th& individuals described in and who executed thlf Mortgage, and acknowledged that they signed th& Mortgaga as their freEJ and voluntary act and deed, for thlf uses and purposes thEJreilT ~.h ~lô'~~ d"of?y.lc:~~o_bettxpl\.rtt~(iQS. .20(25 Notary Publfc liT and forth. Sttmfof ..., ...., " ~ a ?_ooq LAHIf""'~ v... 1.21:.00.001- a.r. HMM'''''''''-'thIM; ~ ItIT. 2CD!: AI MgIrtw-......... . WY rw.\C1t\t..P\.\QD:!;A: m.fOOfI .....COMR: ::j~mff:~¡¡m~fL~;