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o IF BOX IS CHECKED, THIS MORTGAGE SECURES FUTURE ADVANCES.
THIS MORTGAGE is made 1his 27TH day of MARCH 2005, between the Mortgagor,
BRAD W. IZATT AND DIANE C.IZATT, -HUSBAND AND WIfE AS TENANTS BY THE ENTIRETIES
(herein "Borrower"). And Mortgagee BE NH I C I Al WY OM I NG I NC .
Jl !:orporlltion organized .and existing under the 11lws of WY OM I NG
1353 DEWAR DRIVE, ~lA2A MAll STE 8, ROCK SPRINGS, WY 82901
(herein "L~er" ).
,
whose .address is
The following par.agr.aph preceded by.a checked box js .appliCllble.
TXl 'WHEREAS, Borrower js illdebted 10 Lender in the princip1l1 sum of $ 137 , 1ì4 .23 .,
ev1dëñ'ced by Borrower's Loan Agreement dated MARC-H 2ì, 2005 .and .any extensions or xenew.als thereof
(including those pursuant 1o.any Renegotiable Rate Agreement) (herein "Note"), providing for monthly installments of
principa1.and interest, including .any 1ldjustments 10 the 1lmount of payments or the COn1rllctTllte if thai T1lte is v.ari1lble,
with the balance of the indebtedness, if not Booner paid, 1iue.and paYllble on MARCH 2ì, 2035
o 'WHEREAS, Borrower js îndebted 10 Lender in the princip1l1 sum of $ , or BO much thereof
.as m.ay be .advß1lced pursuant 10 Borrower'B Revolving LOß1l Agreement dated .and
extensions And renew1l1s thereof (herein "Note"), providing for monthly installments, .and interest .at the Illte .and . under
the terms Bpecified in the Note, including.any .adjustments in the interest I1lte if that Tllte is v.ariable, .and providing for .a
credi1 limit Btllted in the principal Bum .above And 1ln initi1l1.advance of $
TO SECURE 10 L~er the repayment of (I) the indeb1edness t}videnced by the Note, with interest thereon,
including .any increases if the contrllct Illte is vllriable; (2) future .advß1lces under .any Revolving Loan Agreement; (3) the
payment of .all other Bums, with interest thereon, advß1lced in 1lccordance herewith 10 protect the Becurhy of 1his Mortgage;
.and (4) the performance of the covenants.and .agreements of Borrower herein contained,J30rrower does hereby mortgage,
grß1lt.and convey 10 Lender .and Lender's Buccessors.and .assigns the following 1iescribed property 10Cllted in the County of
1 J NCOlN State of Wyoming:
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BEE ATTAC-HED EX-HIBIT A fDR lEGAL DEBCRI~TION
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RECEIVED 3/3012006Bt 11~1 AM
RECEIVING # 917111
BOOK: 615 PAGE: 610
JEANNE WAGNER
LINCOLN COUNTY ClERK, KEMMERER, WY
which has the.address of Z50 SECOND WEST,
(S1r~et)
AUBURN
(City)
Wyoming
B3111
(Zip tode)
(herein "Property Address" );
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TOGETHER with all the: improvements now or hereafter erected on the property, and all easements, rights,
appurtenances and rents, all of which shall be: deemed to be and remain a part of the property covered by this
Mortgage; and all of the: foregoing, together with said property (or the: leasehold estate: if this Mortgage: is on a
leasehold) are: hereinafter referred to as the "Property."
Borrower covenants that Borrower is lawfully seised of the: estate: hereby conveyed and has the: right to mortgage,
grant and convey the: Property, and that the: Property is unencumbered, except for encumbrances of record, and
Borrower warrants and will defend generally the title: to the: Property against all claims and demands, subject to
encum brances of record.
UNIFORM COVENANTS. Borrower and Lender covenant and agree: as follows:
1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall
pay when due: the: principal of, and interest (including any variations in interest resulting from changes in the: Contract
Rate that may be: specified in the: Note) on, the debt evidenced by the: Note: and any prepayment charges and late:
charges due: under the: Note:. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due:
under the: Note: and this Security Instrument shall be: made in U.S. currency. However, if any check or other
instrument received by Lender as payment under the: Note or this Security Instrument is returned to Lender unpaid,
Lender may require that 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's check or cashier's check, provided any such check is drawn upon an institution whose: deposits are insured by
a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer.
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 12- Lender may return any
payment or partial payment if the payment or partial payments are insufficient to bring the: Loan current. Lender may
accept any payment or partial payment 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 accepted.. If each Periodic Payment is applied as of its scheduled due:
date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower
makes payment to bring the: Loan current. If Borrower does not do so within a reasonable: period of time, Lender
shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be: applied to the
outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower
might have: now or in the future against Lender shall relieve Borrower from making payments due under the Note and
this Security Instrument or perf'Ürming the covenants and agreements secured by this Security Instrument.
2. Application of Payments or Proceeds. Except as otherwise described in this Section 2 or as may be required
by the Note: and/or applicable law, all payments accepted and applied by Lender shall be applied in the following order
of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such
payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall
be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the
principal balance of the Nom.
If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount
to pay any lare charge due, the payment may be applied to the delinquent payment and the late charge. If more than
one Periodic Payment is outstanding. Lender may apply any payment received from Borrower to the repayment of the
Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after
the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late
charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note.
Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall
not extend or postpone the due: date, or change the amount, of the Periodic Payments.
3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note,
until the: Note is' paid in full, a sum (the "Funds") to provide for payment of amounts due: for. (a) taxes and
assessmentS' and other items which can attain priority over this Security Instrument as a lien or encumbrance on the
Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance
required by Lender under Section 5; and (d) Mortgage Insurance premiums, if any. These itemS' are called "Escrow
Items." At origination or at any time during the term of the Loan, Lender may require that Community Association
Dues, Fees and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow
Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall
pay Lender the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or all
Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all EScrow Items at any
time. Any such waiver may only be in writing. In the event of such waiver, Borrower shall pay directly, when and
where payable, the amounts due for any Escrow Items for which payment of Funds has been waived by Lender and, if
Lender requires, shall furnish to Lender receipts evidencing such payment within such time period as Lender may
require. Borrowers obligation to make such payments and to provide receipts shall for all purposes be deemed to be a
covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreement" is used in
Section 7. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and Borrower fails to pay the
amount due for an Escrow Item, Lender may exercise its rights under Section 7 and pay such amount and Borrower
shall then be obligated under Section 7 to repay to Lender any such amount. Lender may revoke the waiver as to anyor
all Escrow Items at any time by a notice given in accordance with Section 12 and, upon such revocation, Borrower shall
pay to Lender all Funds, and in such amounts, that are then required under this Section 3.
Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at
the time specified under RESPA, and (b) not to exceed the maximum amount a lender can require under the Real
Estate: Settlement Procedures Act (12 U.S.c. Section 2601 et seq.) and its implementing regulation, Regulation X (24-
C.P.R. Part 35000), as they might be amended from time to time, or any additional or successor legislation or
regulation that governs the same subject matter. As used in this security instrument, "RESP A" refers to all
requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the loan does
not qualify as a "federally related mortgage loan" under RESPA. Lender shall estimate the amount of Funds due on
the basis of current data and reasonable estimates of expenditures of future Escrow Items or otherwise in accordance
with Applicable Law.
The Funds shall be held in an institution whose deposits are iijsured by a federal agency, instrumentality, or entity
(including Lender, if Lender is' an institution whose deposits are so insured) or in any Federal Home Loan Bank.
Lender shall apply the Funds to pay the: Escrow Items no later than the time specified under RESP A. Lender shall not
charge Borrower for holding and applying the FundS', annually analyzing the: escrow account, or verifying the Escrow
ItemS', unless Lender pays Borrower interest on the Funds and Applicable Law permitS' Lender to make such a charge.
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Borrower hereunder may .agree to extend, modify, forbear, or make .any other accommodations with regard to the
terms of this Mortgage or the Note without that Borrower's consent .and without releasing that Borrower or modifying
this Mortgage.as to that Borrower's interest in the Property.
12. Notice. Except for any notice required under applicable law to be given in another manner, (a) .any notice to
Borrower provided for in this Mortgage shall be given by delivering it or by m.ailing such notice by certified m.ail
.addressed to Borrower at the Property Address or at such other .address .as Borrower may designate by notice to Lender
.as provided herein, and (b) .any notice to Lender shall be given by certified mail to Lender's .address stated herein or to
such other .address.as Lender may designate by notice to Borrower .as provided herein. Any notice provided for in this
Mortgage shall be deemed to have been given to Borrower or Lender when given in the manner designated herein.
13. ÇTpyerning LAw; Severability. The .applicable law contained in the Note shall control. Where no .applicable l.aw
is contained therein, the state and loc.al laws .applicable to this Mortgage shall be the laws of 1he jurisdiction in which
1he Property is located. The foregoing sentence shall not limit the .applicability of Feder.al law to this Mortgage. In the
~vent that .any provision or clause of this Mortgage or the Note conflicts with .applicable law, such conflict shall not
liffect other provisions of this Mortgage or the Note which can be given effect without the conflicting provision,lind 10
1his ~nd the provisions of this Mortgage.and the Note .are declared to be sever.able. As used herein, "costs", "expenses"
lind "littorneys' fees" include.all sums to the extent not prohibited by .applicable law or limited herein.
14. Borrower's Copy. Borrower shall be furnished.a conformed copy of the Note lind of this Mortgage.at 'the time
of ~xecution or after recordation hereof.
15. Rehabilitation Loan Agreement. Borrower shall fulfill .all of Borrower's obligations under 1I1lY home
rehabilitation, improvement, repair, or other loan agreement which Borrower enters into with Lender. Lender, .at
Lender's option, may require Borrower to execute and deliver to Lender, in.a form .acceptable to L~nder,.an .assignment
of .any rights, cl.aims orliefenses which Borrower may have .against parties who supply labor, materials or services in
connection with improvements made to the Property.
16. Tr.ansfer of the Property. If Borrower sells or 1ransfers .all or .any part of the Property or .an interest 'therein,
~xcluding (a) the creation of.a lien or encumbrance subordinate to this Mortgage, (b).a transfer by devise, descent, or by
oper.ation of law upon 'the death of .a joint tenant, or (c) the gr.ant of liny leasehold interest of three years or less not
containing 1i1l option to purchase, Borrower shall cause to be .submitted information required by Lender to ev.aluate 'the
tr.ansferee .as if .a new loan were being made to the transferee. Borrower will continue to be obligated under 'the Note
.and this Mortgage unless Lender releases Borrower in writing.
If Lender lioes not .agree to such sale or transfer, Lender may declare.all of 'the .sums secured by this Mortgage to be
immediately due .and pay.able. If Lender exercises such option to .acceler.ate, Lender .shall m.ail Borrower notice of
licceler.atiön in .accordance with par.agr.aph 12 hereof. Such notice .shall provide .a period of not less -than 30 days from
the date the notice is m.ailed or delivered within which Borrower may pay the sums declared due. If Borrower f.ails to
pay such sums prior to the expir.ation of such period, Lender may, without furtbernotice or demand on Borrower,
invoke .any remedies permitted by paragr.aph 17 hereof.
NON-UNIFORM COVENANTS. Borrower and Lender further covenant .and .agree .asfollow.s:
17. Acce1er.ation; Remedies. Except liS provided in p.ar.agr.aph 16 hereof, or liS otherwise required by l.aw,
upon Borrower's bre.ach of .any coven.ant or ligreement of Borrower in this Mortgage, including the
coven.ants to p.ay when due .any sums secured by this Mortgage, Lender prior to .acceler.ation shall give
notice to Borrower.as provided in p.aragT1iph 12 hereof specifying: (I) the bre.ach; (2) the .action required to
cure such bre.ach; (3).a d.ate, not less than 10 d.ays from the d.ate the notice is .mailed to Borrower, by which
such bre.ach must be cured; lind (4) that failure to cure such breach on or before the d.ate lipecified in the
notice may result in .acceler.ation of the sums secured by this Mortgage. The notice shall further inform
Borrower of the right to reinstate .after .acceler.ation .and the right to bring .a court .action to .assert the
nonexistence of .a . def.ault or .any other defense of Borrower to .acceler.ation .and sale. If the bre.ach is not
cured on or before the d.ate specified in the notice, Lender .at Lender's option .may lieclare.all of the .sums
.secured by this Mortgage to be immediately due.and pay.able without further demand.and .may invoke the
power of .sale .and .any other remedies permitted by liPplicable lBw. Lender .shall be entitled to collect .all
re.ason.able costs .and expenses incurred in pursuing the remedies provided in this p.augr.aph 17, including,
but not limited to, r.eason.able costs .and expenses incurred in pursuing the remedies provided in this
pu.agr.aph 17, including, but not limited to, re.ason.able .attorneys' fees.
Jf Lender invokes 1he power of .sale, Lender shall give notice of intent to foreclose 10 Borrower .and 10
the person in possession of 'the Property, if liifferent, in .accordance with .applicable law. Lender .shall.mail.a
copy of .a notice of the .sale to Borrower in the .manner provided in pu.agr.aph 12 hereof. Lender .shall
publish the .notice of sale .and the Property .shall be .sold in the .manner prescribed by .applicable law. Lender
or Lender'.s designee .may purchase the Property .at.any sale. The proceeds of the sale shall be .applied in the
following order: (.a) to .all Ie.ason.able costs .and expenses of the .sale, including, but not limited to,
re.ason.able .attorneys' fees .and costs of title evidence; (b) to.all sums secured by this Mortgage; .and (c) the
excess, if .any, to the penon or persons legally entitled thereto.
18. Borrower'li Right to Reinstate. Notwithstanding Lender's .accelenltion of the Bums .secured by 1hi.s Mortgage
due to Borrower's breach, Borrower shall have the right to have linyproceedings begun by Lender to :enforce this
Mortgage liiscontinued lit .any time prior to the earlier to occur of (i) the fifth day before sale of the Property pursuant
to the power of sale contained in this Mortgage or (ii) ~ntry of .a judgment enforcing this Mortgage if: (a) Borrower
pays Lender ..all sums which would be then due under this Mortgage.and ihe Note had no acceler.ation occurred; (b)
Borrower cures ..all breaches of 1i1lY other .covenants or .agreements of Borrower contained in this Mortgage; (c)
:Borrower pays lill reasonable expenses incurred by Lender in ~nforcing the covenants .and .agreements of Borrower
contained in 1hi.s Mortgage, .and in enforcing Lender's remedies.as provided in paragr.aph 17 hereof, including, but not
limited to, reasonable .attorneys' fees; and (d) Borrower takes such .action .as Lender may reasonably require to .assure
that the lien of this Mortgage, Lender's interest in 'the Property .and Borrower's obligation to pay the sums Becured by
this Mortgage shall continue unimpaired. Upon such payment.and cure by Borrower, this Mortgage and the obligations
.secured hereby shall remain in full force.and effect.as if no acceleration had occurred.
19. Assignment of Rents; Appointment of Receiver; Lender in Possesion.As .additional security hereunder,
Borrower her.eby.assigns to Lender 'the rents of the Property, provided that Borrower shall, prior to .acceler.ation under
par.agr.aph 17 hereof or lib.andonment of the Property, have 'the right to collect.and retain Buch rents.as they become due
.and pay.able.
Upon .acceler.ation under par.agr.aph 17 hereof or .abandonment of the Property, .and .at 1i1lytime prior 10 'the
~xpir.ation of .any period of redemption following judicial sale, Lender, in person, by .agent or by judicially.appointed
receiver, shall be :entitled to enter upon, take possession of .and manage the Property .and to collect ihe rents of 'the
Property including 'those past due. All rents collected by Lender or the receiver shall be .applied first to payment of 'the
costs of management of the Property .and collection of rents, including, but not limited to, receiver's fees, premiums on
receiver's bonds .and reasonable .attorneys' fees, .and 'then to 'the sums secured by this Mortgage. Lender 1i1ld 'the receiver
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Unlesa an agreement ia mad~ in writin~ or Applicabl~ Law requirea interest to b~ paid on th~ FundS, Lender shall not
b~ required to pay Borrower any interest orearninga on th~ FundS'. Borrower and Lender can agree- in writing:,.
how~ver, that interest shall b~ paid on th~ FundS'. Lender shall giv~ to Borrower, without charge, an annual accounting.
of th~ FundS' as required by RESP A..
If there ia a surplus of FundS' held in escrow, as defined under RESP A, Lender shall account to Borrower for th~
excesS' fundS' in accordanæ with RESPA. If there is a shortage of FundS' held in escrow, as defined under RESPA,
Lender shall notify Borrower as required by RESP A, and Borrower shall pay to Lender th~ amount necessary to
mak~ Up' the shortag~ in accordanc~ with RESP A, but in no more than 12 monthly payments'. If there is a deficiency
of FundS' held in escrow, as defined under RESP A, Lender shall notify Borrower as required by RESP A, and Borrower
shall pay to Lender th~ amount necessary to make up' th~ deficiency in accordanc;~ with RESP A, but in no more than
12 monthly payments'.
Upon payment in full of all SlIms secured by this Security Instrument, Lender shall promptly refund to Borrower
any FundS' held by Lender.
4. Prior Mortgages and Deed of Trust; Charges; Liens. Borrower shall perform all of Borrower's obligations under
any mortgag~, deed of trust or other security agreement with a lien which has priority over this Mortgage, including.
Borrower's covenants' to mak~ payments when due. Borrower shall pay or caus~ to be paid all taxea, assessments' and
other chargea, finea and impositions attributable to the Property which may attain a priority over this Mortgage, and
leasehold payments or ground rents, if any.
5. Hazard Insuranc~. Borrower shall keep' the improvements' now existing: or hereafter erected on the Property
insured against 1055 by fire, hazards included within the term "extended coverage," and such other hazards as Lender
may require and in such amounta and for such periods as Lender may require.
Th~ insuranæ carrier providing: the insurance shall be chosen by the Borrower subject to approval by Lender,
provided,. that such approval shall not be unreasonably withheld. All insurance policiea and renewals thereof shall be in
a form acceptable to Lender and shall includ~ a standard mortgag~ clause in favor of and in a form acceptable to
Lender. Lender shall have the right to hold the policies and renewals thereof, subject to th~ terms of any mortgage,
deed or trust or other security agreement with a lien which has priority over this Mortgage.
In the event of 1055, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof
of loss if not made promptly by Borrower.
Unless Lender and Borrower otherwise agree- in writing, insurance proceeds: shall b~ applied to restoration or repair
of the Property damaged,. if the restoration or repair is economically feasible and Lender's security is not lessened. If
th~ restoration or repair is nQt economically feasibl~ or Lender's security would be lessened,. the insuranæ proceeds:
shall be applied to th~ sums secured by this Security Instrument, whether or not then due. with any excesS' paid to
Borrower.
If the Property is abandoned by Borrower, or if Borrower fails to respond to Lender within 30 days from th~ date
notice is mailed by Lender to Borrower that th~ insurance carrier offers to settle a claim for insuranæ benefits, Lender
is authorized to collect and apply the insuranæ proceeds: at Lender's option either to restoration or repair of the
Property or to the sums secured. by this Mortgage.
Unless Lender and Borrower otherwise agree- in writing, any application of proceeds: to principal shall not extend or
postpone the du~ date of the monthly payments' referred to in paragraphs: 1, 2 and 3' or change the amount of the
payments. If under paragraph 17 the Property is acquired by Lender, Borrower's right to any insurance policies and
proceeds: resulting from damage to the Property prior to th~ acquisition shall pass to Lender to the extent of the sums
secured by this Security Instrument immediately prior to the acquisition.
6. Preservation and Maintenance of Property; Leaseholds; Condominiums; Planned Unit Developments.
Borrower shall keep th~ Property in good repair and shall not commit wast~ or permit impairment or deterioration of
th~ Property and shall comply with the provisions of any lease if this Mortgag~ is on a leasehold. If this Mortgag~ is on a
unit in a condominium or a planned unit development, Borrower shall perform all of Borrower's obligations under the
declaration or covenants creating: or governing: the condominium or planned unit development, th~ by-laws and
regulations of the condominium or planned unit development, and constituent documents.
7. Protection of Lender's Security. If Borrower fails to perform the covenants' and agreements contained in this
Mortgage, or if any action or proceeding: is commenced which materially affects' Lender's interest in the Property, then
Lender, at Lender's option, upon notice to Borrower, may make such appearancea, disburse such sums, including:
reasonable attorneys' fees, and take such action as is necessary to protect Lender's interest. If Lender requires mortgage
insuranæ as a condition of making the loan secured by this Mortgage, Borrower shall pay the premiuma required to
maintain such insurance in effect until such time as the requirement for such insurance terminates in accordance with
Borrower's and Lender's written agreement or applicable law.
Anyamounts' disbursed by Lender pursuant to this paragraph T, with interest thereon at th~ applicable Contract Rate,
shall become additional indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree- to other
terms of payment, such amounts shall be payabl~ upon notiæ from Lender to Borrower requesting payment thereof.
Nothing contained in this paragraph 7 shall require Lender to incur any expens~ or take any action hereunder.
8. Inspection. Lender may take or cause. to be mad~ reasonable entries upon and inspections of the Property,
provided that Lender shall give Borrower notice prior to any such inspection specifying reasonabl~ caus~ therefore
related to Lender's interest in the Property.
9. Condemnation. Th~ proceeds of any award or claim for damages, direct or consequential, in connection with any
condemnation or other taking: of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby
assigned and shall be paid to Lender, subject to the terms of any mortgage, deed of trust or other security agreement
with a lien which has priority over this Mortgage.
10. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or
modification of amortization of the sums secured by this Mortgage granted by Lender to any successor in interest or
Borrower shall not operate to release, in any manner, the liability of the original Borrowerand Borrower's successors in
interest. Lender shall not be required to commence proceedinga against such successor or refus~ to extend tim~ for
payment or otherwise modify amortization of the sums secured by this Mortgage by reason of any demand made by the
original Borrower and Borrower's successors in interest. Any forbearance by Lender in exercising: any right or remedy
hereunder, or otherwis~ afforded by applicable law, shall not be a waiver of or preclud~ the exercise of any such right or
remedy.
11. Successors and Assigns Bound; Joint and Several Liability; Co-signers. The covenants and agreements
herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and
Borrower, subject to the provisions of paragraph 16 hereof. All covenants and agreements' of Borrower shall be joint
and several. Any Borrower who co-signs this Mortgage, but does not execute the Note, (a) is co-signing: this Mortgage
only to mortgage, grant and convey that Borrower's interest in the Property to Lender under the terma of this
Mortgage, (b) is not persomilly liable on the Note or under this Mortgage, and (0) agree< that Lender and an~r
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COC614
REQUEST FOR NOTICE OF DEFAULT
AND FORECLOSURE UNDER SUPERIOR
MORTGAGES OR DEED OF TRUST
Borrower and Lender request 1he holder of 1I11Y Mortgage, Deed of Trust or other encumbnmce with a lien which hBs
priority over 'this Mortgage to give Notice 10 Lender, at Lender's .address set forth on page one of 'this Mortgage, of ltny
.default under the superior encumbrance and of any sale or other foreclosure action.
I~ ~NESS WHEREOF, Borrower has executed 'this Mortgage. ¡J ,
Sig,,'eÌ!, kaled.nd delivered in "the presence of: ~ 0 ~
:BRAD 1\1. IZATT
W~ \ó..%~
:DIANE c. IZATT
STATE OF WYOMING, LINCOLN Countyss:
(SEAL)
-Borrower
(SEAL)
-Borrower
The foregoing instrument was liClrnowledged before me by :BRAD 1\1. IZATT AND :DIANE C. IZATT. RUS:BAND AND
'this 27TH .day of ~CH .20 06 'WIFE AS YENIrnT.s :BYJ:HE ENTI1ŒTIE5
WITNESS my hand .and official Beal.
My commision expires: ~ If )06 r
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Notaryi'.ublic
STATE OF WYOMING,
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County ss:
The foregoÌ1lg instrument was ltclrnowledged before me by 3 r ~ {,./ .:J2tlff- . J) /0 (J~ L ~ II-
'this :;) 7 day of '7(J~PA- ,11JLJ£.· . t+~bc3"'cl. c.f'ld w+e Q.~ ~f'\CY\+S b~~
WITNESS 1..__.j d ff· ·1 ___1 e(\-\-¡I'"e-n~ S
my.wwuan 0 lC11i t:iCÄ1.
My commision expires: /J - -0 '7, JonP- d,¿,£¿;, ~~~
~ . . Now, ...,;,
VAlERIE K1TrRELL - NOTARY PUBLIC
County of
Uneoln
State of
Wyoming
Mv,Commlulon Explr.. April 19,2008
(Space .Below TJUs Line Rilservßd For Lender .and RecorDer)
Return To:
Records ProcessÌ1lg Services
577 Lamont Road
Elmhurst, IL 60126
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20. Rele~s~:.. Upon. paymen.t of aU sumS' secured by this Mortga~, Lender shall releas~ this Mortga~ without
char~ to Boriuw>er! 'Borrower shall pay all costs of recordation, if any.
21. Waiver of Homestead. Borrower hereby waives all right or homestead exemption in th~ Property.
2Z.. Arbitration Rider to Note. The Arbitration. Rider attached to and made a part of th~ Note is hereby
incorporated by rererence and made a part or this Mortgage.
,rThis space intentionally left blank,r
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Exhibit A
File 6010614915 Lep} Description
bhibit:A, .in its entÎntyt documents 'the lepl descriptiOD Df the land referenc:.ed in 1his docvmtutt.
ï'he 1ep] description may utend to 1DUltip1e pA&éI.
The land '~ '10 .:in this .donmnf'ITTt :is :situated .in -the .State DfWyomjnB, County t>f LincoJn, :and is
d~qr:rlhed :as follows:
:Part ofLDt2 DfÐlocklB ohbeAuburn OrlgiDal T~wmite,LincoIn County, WYOUÙDgmøre
particularly nesc.ribed 1tS follows:
:Bf"wnniJ\f.at 1he Northwest ~or.ner .of ~Løt2 And "1nn~ngtÞ,."c:e East, 330 feet;
1....nœ.Bouth -660 feet
thence West. 330 feet;
thence.North, -660 feet to1be point ofbepmu..
Les. ~ Exceptthefo1Iowing desttibed parce1 uf land:
Ðcginning at a pOÛ1hvhic:b is 165 feet Bouth of the Northwest C01"11er .of mûdLnt 2;
tÞen~.East, 330 feet;
-thence South 495 feet
1hønœ Wst,330 feet;
-thence ~orth, 495 feet to the point DÍ beginning,
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