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HomeMy WebLinkAbout875966Return To: GMAC Mortgage Corporation t..lt~COt ~1 ........ ~" ..... .." .., TY CLERN 200 Century Parkway, Mount 8 7 ~ 96 6 ' Surya Li ndsey I!;pace Above This Lhae For Recording Data] ., MORTGAGE ORt$1NA[ MIN 100037506851046855 DEFINITIONS Words used in multiple sections of :::his document are defined below and other words are detined in Sections 3, 11, 13, 18, 20 and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16. (A)" ' Security Instrument" means this document, which is dated 08/10/2001 together with all Riders to this document. (B) "Borrower" is Richard. Scott Woodford and ,]enni fer Woodford, Borrower is the mortgagor under tk!s Security Instrument. (C) "MERS" is Mortgage Electroaic .Registration Systems, Inc. MERS is a separate corporation that is acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the mortgagee un,der this Security Instrument. MERS is organized and existing under the la. ws of Delaware, and has an addres,s and telephone number of P,O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS. 000685104685 WYOMING-Single Family-Fannie Mae/FredCie Mac UNIFORM INSTRUMENT WITH MERS Form 3051 1/O1 (~I®-6A(WY) (ooo~).m VMP MORTGAGE FORMS - (800)52~-7291 " 84'3 (D) "Lender" is 6[qAC Mortgage 'Corporation Lender is a ReM dentsu1 Nopt~a:ge Lendep organized ~d existing under th~ laws of Commonweal th of Pennsyl va~J a Lender's address is 200 Century Parkway, Mount Laurel, NJ 08054 (E) "Note" means the pro~ssou note signed by Borrower ~d dated 08/10/2001 The Note states that Borrower owes. 2~mder One Hundred Twenty Seven Thousand Five Hundred ' Doll,s (u.s. $127,500.00 ) ~:1~ interest. Borrower has promised to pay this debt in regular Periodic Payments ~d to pay the debt in ~11 mst later than September 1, 2031 (F) "~operty" me~s the property t?~at is described below under the heading "Tr~sfer of Right~ ip the Property." (G) "Loan" me~s the debt evidence6:: by the Note, plus interest, any prepayment Charges ~d late ch~ges due'under.the Note, ~d all sums du.e under this Security Instrument, plus interest. (~ "~ders" me~s all Riders to this Security Instrument that ~e executed by Borrower. The following Riders are to be executed by Borrowei: [check box as applicable]: ~ Adjustable Rate Rider ~ Co'ndo~nium Rider ~ Second Home Rider ~ B~loon Rider ~ Pl:~mned Unit Development Rider ~ 1-4 Fully Rider ~ VA Rider ~ Bi(veekly Payment Rider ~ Other(s) [specify]. Schedule ' 'A' ' (I) "Applicable Law" means ~1 .controlling applicable federal, state ~d local statutes, regulations, ordin~ces ~d ad~nistrative rules aad orders (that have the effect of law) as well as ~1 applicable fin~, non-appealable judici~ opinions. (~ "Community Association Due~, b'e~, and Assessments" me~s all dues, fees, assessments ~d other ch~ges that are imposed on Borrower or the Property by a condo~nium association, homeowners association or similar org~ization.., (K) "Electronic Funds Transfer" ime~s any trmsfer of ~nds, other th~ a tr~saction Originated by check, draft, or si~lar paper instrument, which is initiated through ~ electronic te~n~, telephonic instrument, computer, or magnetic ~mpe so as to order, instruct, or authorize a fin~cial institution to debit or credit ~ account. Such te~ ix::cludes, but is not li~ted to, point-of-s~e tr~sfers, automated teller machine tr~sactions, transfers ir[it<ated by telephone, wire tr~sfers, ~d automated clearinghouse tr~sfers. (L) "Escrow Items" means those itt~ms that are described in S~tion 3. (~ "~scellaneous ~oceeds" meam~ ~y compensation, settlement, award of d~ages, or proceeds paid by ~y ~ird party (other ~an insur~tce proceeds paid under the coverages desc~bed in Section 5) for: (i) d~age to, or destruction of,. the Property; (ii) conde~ation or other t~ing of all or ~y p~t of the Prope~y; (iii) convey~ce in lieu ef conde~ation; or (iv) ~srepresentations of, or omissions as to, the v~ue ~d/or condition of the'Prope?:ty. (~ "Mortgage Insurance" me~s m~mr~ce protecting Lender against the nonpayment of, or default on, the Loan. (O) "Periodic Payment" me~s the r~gul~ly scheduled mount due for (i).pfincip~ ~d interest under the No}e, plus (ii) ~y mounts under Se~ don 3 of this Security Instrument. (P) "~SPA" me~s the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) ~d its implementing regulation, Regulatien X (24 C.F.R. Pan 3500), as they ~ght be mended t?om time to time, or ~y additional or successor legislation or regulation that governs the sine subject matter. As used in this Security Instrument, "RESPA" refers to all requirements ~d restrictions that are imposed in regard to a "federally related mo~gage loan~' even if the ~ does not quali~ as a "feder~ly related mo~gage lo~" under RESPA. 000685104685 ~6A(WY) (oo05)m Page 2 of 15 ~J Form 3051 1/01 : 850 (IQ) "Successor in Interest of Bor;:ower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER. OF RIGHTS IN ~i'HE PRDPERTY This Security Instrument 'secures to :Le[ader: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and ('ii)'the performance of Borrower's covenants and agreements under this Security Instrument and the Ncm. For this purpose, Borrower does hereby mortgage, grant and convey to MEltS (solely as nominee for Lender and Lender's successors and assigns) and to the successors and assigns of MERS, with ~.ower of sale, the following described property located in the County ~ of Li ncol n : [Type of Recording Jm ;sdic~don] [Name of Recording Jurisdiction] The Assessor's Parcel Nulnber (Property Tax ID~) for the Real Property is 12-3018-18-3-00-075.00. LOT 7D OF ll4IN CLIFFS SUBDIVISION NO. '2, LINCOLN COUNTY, WYOMING AS ' ~''~ DESCRIBt:.D ON THE OFFICIAL PLAT THEREOF. Parcel ID Number: 12 -3018- 18'-3- 00- 075.00 which currently has the address of 1105 Mt. Del l Ci rcl e ]street] Afton [City] , Wyoming 83110- [Zip Code] ("Property Address"): TOGETHER WITH all the. improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by th:ks Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Proper% '~ Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower i:tl this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Leade' and Lender's successors and assigns) has the right: to exercise any or all of those interests, including~ bUi: not limited to, the right to foreclose and sell the Property; and to take any action required of Lend~r ikcluding, but not limited to, releasing and canceling this Security Instrument. BORROWER COVENANTS tha~ Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant and c.on~ey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower w~::rants and will defend generally the title to the Property against all claims~ and demands, subject to' any' enc'umbrances of record. ' THIS SECURITY INSTRUh..¢~ENT combines uniform covenants for national use and non-uniform covenants with limited variations by j :,risdiction to constitute a uniform security instrument covering real property. 000685104685 (~)~-6A(WY} (oo05}.Ol Page 3 o~' lS .[1'[(~,/ Form 3051 1/01 UNIFORM COVENANTS. B'fri)Ower and Lender covenant and agree as follows: 1. Payment of Principal, I::l~terest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the )0rincipal of, and interest on, the debt evidenced by the .Note and any prepayment charges and late charge} aue under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments diie.~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 Securit',Y 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 desighated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment of: partial payment if the payment or partial payments are insuffi~ie, nt to bring the Loan current. Lender ma~~ accept any payment or partial payment insufficient to bring the Loan current, without waiver of' any rig~i!s 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 Payme~t 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?n, Ot do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrog~er. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note ji~anediately 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 Instrume~i~? or performing the covenants and agreements secured by this Security Instrument. / :~.! 2. Application of Paymentii!°r Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by 'i_lender shall be applied in the following order of priority: (a) interest due under the Note; (b) principal ;:!!:i~e under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic F:~'.?ment in the order in which it became due. Any remaining amounts shall be applied first to late charges,~isecond to any other amounts due under this Security Instrument, and then to reduce the principal balance .rilf the Note. If Lender receives a payment :from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late ei~!¢rge due, the payment may be applied to the delinquent payment and the late charge. If more than one Pe:ri'.odic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of'i:he 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 exce,'}:s may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment cttarges 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 postpon: 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, or any sums Payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance, with the provisions of Section 10. These items are called "Escrow Items." At origination or at any tiine during the term of the Loan, Lender may require that Community Asgociation Dues, Fees, and Asse~isments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Ite~"t. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this Section. BorroWar 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 'or any or all Escrow Items at any time. Any such waiver may only be in writing. In the event of such wai *?er, Borrower shall pay directly, when and where payable, the amounts 000685104685 ' Page 4 of 1,5 ~/~.d Form 3051 1/01 (~I~-6A(WY) (ooos)m ::' due for'any Escrow Items for which p~yment of Funds has been waived by Lender and, if Lender requires, shall furnish to Lender receipts evJ. de~tcing such payment within such time period as Lender may require. Borrower's obligation to make suc~. g..~yments and to provide receipts shall for all purposes be deemed to be a covenant and agreement contai:aed:"in this Security Instrument, as the phrase "covenant and agreement" is used in Section 9. If Borrower.:.is 0bhgated 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 9 and pay such amount and Borrower s!iall then be obligated under Section 9 to repay to Lender any such amount. Lender may revoke the w.ai,~er as to any or all Escrow Items at any time by a notice given in accordance with Section 15 and, upo~)i such revocation, Borrower shall pay to Lender all Funds, and in such amounts, that are then required' uiider this Section 3. Lender may, at any time, collect i~nd 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 RESPA. Lender shall estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures 01f future Escrow Items or otherwise in accordance with Applic'able Law. The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or entity (including Lender if Lender is an institution whose deposits are so insured) or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or w~.rif¥ing the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits,Lender to make such a charge. Unless an agreemem is made in writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower any interest or earnings on the Funds'. Borrower and Lender can agree in writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds as required by RESPA. :' If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for the excess funds in accoi:dance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA, Lender shall:notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to m~ke"dp the shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments. Upon payment in full of all sums secured-by this Security Instrument, Lender shall promptly refund to Borrower any Funds held by Ler~.deL 4. Charges; Liens. Borrower .'ihall pay all taxes, assessments, charges, fines, and impositions attributable to the Propert}~ which can,'attain priority over this Security Instrument, leasehold payments or ground rents on the Property, if an>, a!~d Community Association Dues, Fees, and Assessments, if any. To the extent that these items arc'Escrow Items, Borrower shall pay them in the manner provided in section 3. Borrower shall promptly discharge any lien which has priority over this Security Instrument 'Unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcemen! !of the lien in, legal proceedings which, in Lender's opinion operate to pre, vent the enforcement of the lien: while those proceedings are pending,: but only until such proceedings are concluded; or (c) secures from ~he holder of the lien an agreement satisfactory to Lender subordinating the lieh to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the 000685104685 Initials: ~ (~)~-6A(WY) (0o051,01 Page 5 of ~5 ,.77..~/ Form 3051 1/01 lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender iff connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not lirniled to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained: in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier pr6v~iding the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's cl;:*olce, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in conr~,ec(ion with this Loan, either: (a) a one-time charge for flood zone determination, certification and tracking services; or (b) a one-time charge for flood zone determiriation and certification services and subSeq'aent charges each time remappings or similar changes occur which reasonably might affect such dete~:!rr:ination or certification. Borrower shall also be responsible for the payment of any fees imposed by:the Federal Emergency Management Agency in connection with the review of any flood zone determina~?n resulting from an objection by Borrower. If Borrower fails to maintain: a::~Y of the coverages described above, Lender may obtain insurance coverage, at Lender's option and?Borrower's expense. Lender is under no obligation to purchase any particular type or amount of cove[0ge. Therefore, such coverage shall cover Lender, but might or might. not protect Borrower, Borrower's efluity in the Property, or the contents of the Property,. against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the 'insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could havi,~.obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrowe~!' :..'"ecured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such poli~ies, shall include a standard mortgage clause, and shall hame Lender as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance pr0ceeds;:~ whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair 9f the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds 'until .!lender has had an opportunity to inspect such Property to ensure the work has been completed to Len.,::t~r's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse pm,ceeds for the repairs and restoration ir~a single payment or in a series of p~rogress payments as the work i,~ completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on suc~'I insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proc~:eds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of :~ize. insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not econ.!i, mically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to the su?i".s secured by this Security Instrument, whether or not then due, with 000685104685 (~}~-6A(WY) 1ooo~).o~ P,g~ 6 o~ ~s ~/~/~j Form 3051 1/01 the excess, if any, paid to Borrowe~~. ~' ~,uch insurance proceeds shall be applied in the order provided for in Section 2. If Borrower abandons the Property, Lender may file, negotiate and settle any available insurance claim and related matters. If Borrc'We;~ does not respond within 30 days to a notice from Lender that the insurance carrier has offered to set::te a' claim, then Lender may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower l~ereby assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrument, and (b) any other of Borrower's rightr'. (Other than the right to any refund of unearned premiums paid by Borrower) under all insurance polio:lcs covering the Property, insofar as such rights are applicable to the coverage of the Property. Lender may?use the ihsurance proceeds either to repair or restore the Property or to pay amounts unpaid under the N, ste or this Security Instrument, whether or not then due. 6. Occupancy. Borrower shidl .Dccupy, establish, and use the Property as Borrower's p}inqipal residence within 60 days after the ~9x6¢ution of this Security Instrument and sh~ll continue to occupy the Property as Borrower's principal r~'Sidence for at least one year aft'er the date of occupancy, unless Lender otherwise agrees in writing, which qgnsent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preservation, Maintenance iind Protection of the Property; Inspections. Borrower shall not destroy, damage or impa'ir the Property, allow the Property to deteriorate or commit waste on the Property. Whether or not Borrower it:. residing in the Property, Borrower shall maintain the Property in order to prevent the Property from de~i:eriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 thmi repair or restoration is not economically feasible,. Borrower shall promptly repair the Property if dan:~iaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in cennection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing {,r r':storing the Property only if Lender has released proceeds for such purposes. Lender may disburse pro!::eed~s for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, l~iormwer is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent may ma~':e ?easonable entries upon and inspections of the Property. If it has reasonable cause, Lender may insp~'ct.i'he interior of the improvements on the Property. Lender shall give Borrower notice at the time of or p::~:ior' tO such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Appli{ati~n. Borrower shall be in default if, during the Loan application process, Borrower or any persons; or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materia~ily .false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan. Material representations include, b~t are nm limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's In'ierest in the Property and Rights Under this Security Instrument. If (a) Borrower fails to perform the c,::venants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for.condemnation or forfeiture, for enf~orcement of a lien which may at~:ain priority over this Security InStrument or to enforce laws or regula!ions), or (c) Borrower has :~tbm~doned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Security Instrument, including protecting and/er assessing the value of the Property, and securing and/or repairing the Property. Lender's actions can in~!ude, but are not limited to: (a) paying any sums secured by a lien which has priority over this Securit'~.' Instrument; (b) appearing in court; and (c) paying reasonable 000685104685 6A{WY) Iooo51.Ol Page 7 of 15 ~7~.,~,/ Form 3051 1/01 attorneys' fees to protect its interes~ iff the Property and/or rights under this Security Instrument, including its secured position in a bankruptt~.yiproceeding. Securing the Property includes, but is not limited to, entering the Property to make repa[rs:.il change locks, replace or board up doors and windows, drain water from pipes, eliminate building or &thiCr code violations or dangerous conditions, and have utilities turned. on or off. Although Lender may ta2~e faction under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so' It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9: Any amounts disbursed by Eender under this Section 9 shall become additional debt of Borrower secured by this Security Instrumer,;t. i.l'hese amounts shall bear interest at the Note rate from the date of disbursement and shall be payable,: Wiith such interest, upon notice from Lender to Borrower requesting payment. . '~ !i' If this Security Instrument ~s or?a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee titbi tili the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writ!ingi. 10. Mortgage Insurance. If t3erder required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insuranci',i and Borrower was required to make separately designated payments toward the premiums for Mortgagei:'Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent tO Lhe Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower 0f the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Ler{kle~.?. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue ,to pay to Lender the amount of the separately desig.nated payments that were due when the insurance cow,rage ceased to be in effect. Lender will accept, use ~and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding th~ fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any intel:est or earnings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected 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 condition of making ~.he Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiu, ms required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requirement for Mortgage Insurance e'nds in accordance with any written agreement between Borrower and Lender providing for such terminatio[:i or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligati::~n to pay interest at the rate provided in the NOte. Mortgage Insurance reimburs~fs~Lender (or any.entity that purchases the Note) for certain losses it may incur if Borrower does not ~qet:,ay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. : Mortgage insurers evaluate th.eir:~total risk on all such insurance in force from time to time, and may enter into agreements with other pai'ti:~s 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 agreemenV4 iaay require the mortgage insurer to make payments using any.source of funds that the mortgage insurer :rn~y have available (which may include funds obtained from Mortgage Insurance premiums). " As a result of these greeme~'~.:s;' Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity, or any affiliate o1! m~Y of the foregoing, may receive (directly or indirectly) amounts that der, ivac from (or might be charactet!zed as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying ':he mortgage insurer's risk, or reducing losses. If such agreement Provides that an affiliate of Lendq~.r;takes a share of the insurer's risk in exchange for a share of the premiums paid to the insurer, the m',raugement ~s often termed "captive reinsurance." Further: (a) Any such agreements wil! not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other t.~rms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage ~nsurance, and they will not entitle Borrower to any refund. 000685104685 i~ (~-6A(WY) 1ooo5).o~ .. Paa, a of as ~ Form 30151 1/01 (b) Any such agreements will not affect the rights Borrower has - if any - with respect to the Mortgage Insurance under the I~.[omeowners Protection Act of 1998 or any other law. These rights may include the right to. recei"~'e certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have th~:: MOrtgage Insurance terminated automatically, and/or to receive a refund of any Mortgage Insuran;::e p emmms that were unearned at the time of such cancellation or termination. : :~ 11. Assignment of Misceli~neOns Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lin:der' If the Property is damaged, such!iMiscellaneous Proceeds shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration Perigd, Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity !16 inspect such Property to ensure the work has been completed to Lender's satisfaction, provided tha~ su~:h inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement or in a series of progress payments as the [york is completed. Unless an agreement is m~le in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall' not be required to pay Borrower any interest or earnings on such Miscellaneous Proceeds. If the restara~ilon or repair is not economically feasible or Lender's security would be lessened, the Miscellaneous Procee;.:ls shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for ir~ Sei'ition 2. In the event of a total takii:tg, '.destruction, or loss in value of' the Property, the Miscellaneous Proceeds shall be applied to the sums'secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. In the event of a partial takin!;, d~struction, or loss in value of the Property in which the fair market value of the Property immediateb' be[ore the partial taking, destruction, or loss in value is equal to or greater than the amount of the stuns 'secured by this Security Instrument immediately before the partial taking, destruction, or loss in valise, :hnless Borrower and Lender otherwise agree in writing, the sums secured by this Security Instrum,mt ~shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the following fraction: (a) the total amount of the Sums secured immediately before the partial taking, destruction, or lr:~s m value divided by (b) the fair market value of the Property .immediately before the partial taki~',g, destruction, or loss in value. Any balance shall be paid to Borrower. In the event of a partial takin!;, destruction, or'loss in value of the Property in which the fair market value of the Property immediately before the partial taking, destruction, or loss in value is less than the amount of the sums secured imm~diately before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agree ~n writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument whether or not the sums are then due. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the Opposing Party (as defined in the next sentence) offers to make an award to settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this Secugity Instr~me'lt, whether or not then due. "Opposing Party" means the third party that owes Borrower Miscellaaeous Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous Proceeds. ~ Borrower shall be in default if Mi.y action or proceeding, whether civil or criminal, is begun that, in Lender's judgment, could result in fc.~feiture of the Property or other material imPairment of Lender's interest in the Property or rights undei: this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as'provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lendmi.'s judgment, precludes forfeiture Of the Property or other material i~palrment of Lender's interest in the Property or rights under this Security instrument. The proceeds of any award or claim for damages that ai'e attributable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid m Lender. All Miscellaneous Proceeds that' are not applied to restoration or repair of the Property shall be applied in the order provided for in Se{:tion 2. 000685104685 Initials: ~.a ~"- (~-6A(WY) (ooo~},o~ Page 9 of ~ ~ Form 3051 1/01 12. Borrower Not Released;~.:?orbearance By Lender Not a Waiver. Extension of the time for payment or modification of amorti2atlion of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor in Ir,ie:[-est of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Bd:m~)wer. Lender shall not be required to commence proceedings against any Successor in Interest of Bon'A~:ver or to refuse to extend time for payment or otherwise modify amortization of the sums secured bi' t:ffis Security Instrument by reason of any demand made by the original Borrower or any Successors in Intel'est of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitat!:on, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower ~ ir in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right &: remedy. 13. Joint and Several L~iabit~t!:F; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligatkins and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument )!ni~ does not execute the Note (a "co-signer"): (a) is co-signing this Security Instrument only to mortgagee, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (bi is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Leader and any other Borrower can agree to extend, modify, forbear or make any accommodations with r~'gard to the terms of this Security Instrument or the Note without the co-signer's consent. ~' ~ Subject to the provisions o?? 'Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this ~!ecurity Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits.under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability: under this Security Instrument unless Lender agrees to 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 m;~y charge Borrower fees for services performed in connection with Borrower's default, for the purpose..of protecting Lender's interest in the Property and rights under this Security Instrument, including, but l:::~iot limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the abser, ce of express authority in this Security Instrument to charge a specific fee to Borrower shall not be consmaed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by ii,his Security Instrument or by Applicable Law. If the Loan is subject to a law ~'.~hich sets maximum loan charges, and that law is finally interpreted so that the interest or other loan eharge~ collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such: loan charge shall be reduced by the amount necessary~ to reduce the charge to the permitted limit; and (b~. any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrow. eh Lender may choose to make this refund by reducing the principal owed under the Note or by mak~n~,~ a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a pen:ial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will c0n.~titute a waiver of any right of action Borrower might have arising out of such overcharge. ,. 15. Notices. All nofiaes give'n by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to l!Ic~rrower in connection with this Security Instrument shall be deemed to have been given to Borrower' wheia :mailed by first class mail or when actually delivered to Borrower's notice address if sent by other, mean?i. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a ,,;abstitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's' change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There may be only one designateil~ notice address under this Security Instrument at any one time. Any notice to Lender shall be given b.v~ ,4elivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instp,:iment shall not be deemed to have been given to Lender until actually received by Lender. If any notice-~:equired by this Security Instrument is also required under Applicable Law, the Applicable Law requircntent will satisfy the corresponding requirement under this Security Instrument. 000685104685 Initials: /~ (~-SA(WY) (0o0~i).ol Page lo of '~ ,~"~// Form 3051 1/01 16. Governing Law; Seve~ab.?;lity; Rules of Construction. This Security Instrument shall be governed by federal law and the l'~.~:~w~'!of the jurisdiction in which the Property is located. All rights and obligations contained in this Sec~.~ri!'Y Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law ~.:dght explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall 'not be construed as a prohibition against agreement by Contract. In the event that any provision or cli~use of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect ot!~:,~er provisions of this Security .Instrument or the Note which can be given effect without the conflicting~pr{)vision. As used in this Security InstrUment: (a) words of the masculine gender shall mean and include corresponding neuter words or words! of the feminine gender; (b) words in the singular shall mean and include' the plural and vice versa; and'. (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrowei' shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Properiy ~:,r a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means ar.~y i~gal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of wh:ich~'iis the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Prope~:ty ~or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a benefi~cial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may requ.ire immediate payment in full of all sums secured by this Security Instrument. However, this option' shall not be exercised by Lender if such exercise is prohibited by Applicable Law. ' If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 3r) days from the date the notice is given in accordance with Section 15 within which Borrower must pay .i~11 sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiratio~ of this period, Lender may invoke any remedies permitted by this Security Instrument without further' notice or demand on Borrower. 19. Borrower's Right to 1;~.'.einstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such ot~iier period as Applicable Law might specify for the termination of Borrower's right to reinstate; or. (c) entry of a judgment enforcing this Security Ins.trument. Those conditions are that Borrower: (a). pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other ~covenants or agreements; (c) pays all expenses ir~cur:red in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's intere!~t in the,Property and rights under this Security Instrument; and (d) takes such action as Lender may r.eai:~.onably require to assure that Lender's interest in the Property and rights under this Security Instrument,. and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchan~ed. Lender may require that Borrower pay such reinstatement sums and expenses in one or more ,of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, ~treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insu;.~ed by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement b.,~, Borrower, this Security Instrument and obligations secured hereby shall remain fully effective as if no ~::i~celeration had occurred. However, this right to reinstate shall not apply in the case of acceleration.under~ Section 18. 20. Sale of Note; Change of Lr,.an Servicer; Notice of Grievance.: The Note or a partial interest in the Note (together with this Security. Instrument) can be sold one or mo~e .times without prior notice to Bofrrower. A sale might result in a ::hange in the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Nc;e and this Security Instrument and performs other mortgage loan servicing obligations under the No;:e, this Security Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given writlen notice of the change which will state the name and address of the new Loan Servicer, the address to v~!hich payments should be made and any other information RESPA 000685104685 (~)~-6A(WY) (ooo5).o~ Page 11 of 15 ~ Form 3051 1/01 requires in connection with a notic[~. ~f transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other ilqan the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the L.:pan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unli:~s otherwise provided by the Note purchaser. Neither Borrower nor Lenderlmay commence, join, or be joined to any judicial action (as either an individual litigant or the member 0fa class) that arises from the other party's actions pursuant to this Security Instrument or that alleges 'i;hat the other party has breached any provision of, or any duty owed by reason of, this Security Instrumenti, uhfil such Borrower or Lender has notified the other party (with such notice given in compliance with the ?quirements of Section 15) of such alleged breach and afforded the other party hereto a reasonable Pgefiod after the giving of such notice to take corrective action. If Applicable Law provides a time g~:ribd which must elapse before certain action can be taken, that.time period will be deemed to be reast~,nable for purposes of this paragraph. The notice of acceleration and opportunity to cure given to Borr0w~er pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 s!'?3 be deemed to satisfy the notice and opportunity to take corrective action provisions of this Section 20~ 21. Hazardous Substances. 'A.s used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardi)us substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, keroi:;ene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, mat~."nals containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" means fedei~hl laws and laws of the jurisdiction where the Property is located that relate to health, safety or environr~e3tal protection; (c) "Environmental. Cleanup" includes any response action, remedial action, or remove.' action, as defined in Environmental Law; and (d) an "Environmental Condition" means a condition ttii~tlCan cause, contribute to, or otherwise trigger an Environmental Cleanup. Borrower shall not cause or Pi~.'rmit the presence, use, disposal, storage, or release of any Hazardous Substancesl or threaten to release ai:iyHazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else to do, anyth,[ng affecting the Property (a) that is. in violation of any Environmental Law, (b) which creates an Environr_.'~ental Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a coi'~d/.tion that adversely affects the value of the Property. The preceding two sentences shall not apply to :?he presence, use, or storage on the Property of small quantities of Hazardous Substances that are gerler~lly recognized to be appropriate to normal residential uses and to maintenance of the Property (inclu~:im;,. ~,, but not limited to, hazardous substances in consumer products). Borrower shall promptly give. L~nder written notice of (a) any investigation, claim, demand, lawsuit or other action by any governmental Or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any Environmental Condition, including; but not limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous SubstanCe,~:and (c) any condition caused by the presence, use or release of a Hazardous Substance which advers~::l3, affects the value of the Property. If:Borrower learns, or is notified by~ar~y governmental or regulatory iat~thority, or any private party, that any removal-or other remediation of any Hazardous Substance affectiqg !he Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance., witi~ Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Clean,~p.~ 000685104685 (~-6A{WY) (0005).01 ' Page 12 of 15 rI NON-UNIFORM COVENANTS!' Borrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies.'L~i~der shall give notice to Borrower prior to acceleration following Borrower's breach of any covenaat or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless: Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by i~vhich the default must be cured; and (d) that failure to cure the default on or before the dante specifie, d in the notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleratiqn ~nd the right to bring a court action to assert the non-existence of a default or any other defense of B6rrower 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 ir~ full of all sums secured by this Securit3: Instrument without further demand and may invoke the power of sale and any other remedies pe~'mitted by Applicable Law. Lender shall be entitled to colleci all expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, reasonable attorneys' fees and coi':~ts ~f title evidence. If Lender invokes the power; of sale, Lender shall give notice of intent to foreclose to Borrower and to the person in possession'of~he Property, if different, in accordance with Applicable Law. Lender shall give notice of the s~le'io Borrower in the manner provided in Section 15. Lender shall publish the notice of sale, and l he '~Property shall be sold in the manner prescribed by Applicable Law. Lender or its designee may purchase the Property at any sale. The proceeds of the sale shall be applied in the following order: (a) to all expenses of the sale, including, but not limited to, reasonable attorneys' fees; (b) to ali!sums secured by this Security Instrument; and (c) any excess to the person or persons legally entide6,:' to it. 23. Release. Upon payment ~[ a:.:il sums secured by this Security Instrument, Lender shall release this Security Instrument. Borrower sh~dl 9ay any recordation costs. Lender may charge Borrower a fee for releasing this Security Instrument, '~u'i only if the fee is paid to a third party for services rendered and the charging of the fee is permitted underlApplicable Law. 24. Waivers. Borrower releases and waives all rights under and by virtue of the homestead exemption laws of Wyoming 000685104685 Initials: (~-6A{WY) 10o05).0~ Page ~3 o~ ~5 ~/--~.{~/ Fo~m 3051 1/01 8 6 .t. BY SIGNING BELOW, Bon'ower accepts and agrees to the terms and covenants contained in this Security Instrument and in any Ride~' executed by Borrower and recorded with it. Witnesses: '. ': . ~ ' ~; t/' · (Seal) Z.~:,"'//~',~ /,57',/~,4/~.'"'~' ' " Richard Scott Woodford -Borrower ~T)~./',~ /~'¢~4/'e. , g~nifer ~o0dford -Borrower (Seal) (Seal) -Borrower -Borrower :__ (Seal) (Seal) -Borrower -Borrower (Seal) (Seal) -Borrower -Borrower 000685104685 I~6A(WY) Pag~ 54 of ~ Form 3051 1/01 (ooo5).Ol STATE OF WYOMING, L.~ G 0¢3 ~t,~-County ss: The foregoing instrument was aci~nowledged before me this I C'''{-rI/'' (.>.-[- '~r~--£~r. t~c?i "'~..(.74T.,~ [ 000685104685 (~'6A{WY} 10005,.01 P.ge 15 of lS i.']~'Z,/ Form 3051 1/01 SCHEDULE "A" Borrower: Richard Scott Woodford, Je~inffer Woodford Property: 1105 Mt. Dell Circle, Afton~ WY 83110 Loan No: 000685104685 Closing Date: August 10, 2001 LOT 7D OF TWIN CLIFFS SUBDIVISION NO. 2, LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT THEREOF. : Version 2.8.5.06 . : SCHA- 11/09/2000 [0006851046851 LASER PRO. Reg. U,S. Pat. & T.M.Off., Version 2.,3.5.06 (c) 2001 Concentrex Incorporated, All Rights Reserved. " 86,1 AC OWLEDGMENT 000685104685 STATE OF W'Y COUNTY OF Lincoln (-'~V'~]!]'t.p.. }7'b.x_, personally appeared Date ' -' Nameo~Notary Public Richard Scott Woodford, Jennifer Woodford i ~ personally known to me - ~r" proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) i~/are subscribed to the within instrument and acknowledged to me that he/she/they executed the'! same in his/her/their authorized capacity(icE), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument; =l WITNESS my hand and official seal. Notary Seal ~ MY COMMISSION EXPIRES ON: ~5 ( { ~ [C;i ,~)~ DESCRIPTION OF ATTACHED DOCUMENT: Title or Type of Document: .__.~_D_t~,o~ Trust or Morteag~ Document Date: {'5 [ IC~ t'~ t - - Number of Pages: Signers other than named above:.__ ACKNOW