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HomeMy WebLinkAbout918928 fmmm- " ;.;. ;',' h:;: ;~;; i::¡ :;~¡1~~i:i J Uar~648 'b~ UpÞn ~"'.,~ R.un To: W~*VO~ ~ . ; Atti't:~>~, ,,<,,, W. ~~ 1919 DougIa S~WFloor, Omarn-. NE 63102 . RECEIVED 5/31/2006 at 4:10 PM RECEIVING # 918928 BOOK: 621 PAGE: 648 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY ------- -- -~ - ------ ~--- -------- ---. [Space Above ThIs Linè FQr Recording DataJ State of Wyomin~ FHA O~ No. MORTGAGE 591-0985433 703 1 THIS MORtGAGE ("Security InstruJIlent") is given on MAY 31, 200~ The Mongagor is DANIEL :&: TRATCXE~ AND HEATnER J THATCHE~, HtJ'SB.lI.ND AND WIPB ("Borrower~). This Secuñty Instrument is ¡lven to WEIJ'.tS PARGO BANK, N. A. . which is organized and existing under the laws of THE UNITED STATES 1 iUld whose addressis P.O. sox 173 3 9, BALTIMORE, 10m 212971339 ("Lender"). Borrower owes Lender the principal sum of SEVENTY TRRØE THOUSAND EIGHT HUNDREP PORTY ONE AND 00/100 Dol.Jars (U.S. $******""''''73,841. 00). This debt is evidenced 'by Borrower's note dated the same date as this Security Instt't.Jment ("Note"), which provides for monthly paymentg, with the full debt, if not paid earlier, due and payable on JDNE 01, 2036 . This Security In$trument $iecures to Lender: (a) the repayment of the debt evidenced by the Note, with intcrc,')t, and all renewals, extt;nsioßs and modifications of the Note; (b) the payment of all other Sllma, . with interèst.; advanced' under paragraph 7 to protect the security of thi$ Security In$trument; and (c) the performance 0061876413 :·:?2:=~~I~llllIlm~ll~ !r~r~lllll~ 09:t8928 000649 of .Borrowcr"oS covenan,ts and agreements under this Secµrity tnstrumcnt and the Note. For this pUI'þ03e, Borrower does hereby mortgage, grant and convey to the Lender with PQwer of sale, the following described property located in LINCOLW County. Wyoming: 'SEB ATTACHED L2aAL DESCRIPTION THIS IS A PURCSJ\SE MONEY SECtTR.ITY INS'rRmæNT. TAJ( STATmŒN'l'S SHOtJLD BE SENT TO 1 WELLS PARGO HOME MORTGAGE, P.o. BOX 17339, BALTIKORE, Mb 212971339 which ha.~ the address of 1319 9T1I WBST AVENUE, XEMMERBR [Street, City). Wyoming 83101 [Zip Code} ("Property Add~,,,): TOGETHER WITJ.f all the Improvements now or hereafter erected On the property, and 311 ea.sernenl~. appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shaH also be covered by this Security Instrument. AI) of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the fiiht to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumÞranccs of record. Borrower warrant$ and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. TIllS SECURITY INSTRUMENT combines uniform covenants for nationa.l use and M:ó,-unifonn covcnant$ with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Borrower and lender covenant and agree as follows: UNIFORM COVENANTS. 1. Payment of Principal, Interest and Late Charge. Borrower shaH pay when due the principal of, and interest on. the debt evidenced by the Notl!: and late charges due under the Noté, 2. Monthly Payment (If Taxes. Insurance and Other Charges. Borrower shall include jn each monthly payment. together wíth the priTJcipal and interest asSet forth in the Note and åny late charges, a SUm for (a) taxes and special assessmenl~ levied or to be levied against the Property, (b) lcasehold payments or ground rcnt3 on the Property. and (c) premium$ for insurance required umler paragraph 4. In any year in which the Lender must pay a mortgage Insurance premium to the Secretary of Housing and Urban Development ("Secretary"), or in any year in which such. premium would have been required if lender stHI held [he Security Instrument, eacb monthly payment shall also include either: (i) a sum for tbe annual mortgage insurance premium to be paid by Lender to the Secretary. or (ii) a monthly charge instead of a mortgage insurance premium if this Security Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary J Except for the monthly charge by the Secretary, these items are called U£!crow Items" and the Sums paid to Lender ate called "E~ow Funds." lender may, at any time. collect andhoJd amounts for Escrow Items in an aggregate amOunt not to exceed the maximum, amount that may be required for Borrower's escrow account under tbe Real Estate SettlemcJ)t Procedures Act of 1974, 12 U.S.C. Section 2601 et seq. and Imptementing regulations. 24 CFR Part 3'00, 4\S thcy may be amended from time to time ("RESPA "), Mcept that the cushion or reserve permitted by RESPA for unanticipated disbursements or disbur.sements hefore the Borrower's payments are available in the account may not be based on amounts due for the mortgage insurance premium. .-4R!WYI (~6041.01 <II PIl9.:2oI8 I~~I.~: M1 cOr '::::~~~r.::::::::¡*: '.I" .jl·:ili:!~~t~ ('." i: ~: :~:' ". ::;ii:¡ ,f:¡'~! 1iYf:¿~¡f~¡i¡~!!1!1;¡t¡I\ OOC650 ,n c~ -'\ì 4,;) S~.:;; 8 '\ ,þ J ....~. c.:t If the amounts held by Lender for Escrow Items exceed the amounts permitted to be held by RESPA, Lender shaH aCCount to Borrower for the excess funds as required by RESPA. If the amounts of funds held by tender at any time ate not sufficient to pay the Escrow Items when due, Lender may notify the Borrower and require Borrower to make up the shonage as perrrutted by RESP A. The Escrow Funds are pledged as additional sectltíty for aU sums secured by this Security Instrument. If, Borrower tenders to Lender the full payment of 311 such sums. Borrower's account shall be credited with the balanel:: remaining for 31J in$lallm~t items (a), (b). and (c) and .iny mortgage insurance premium installment that Lender has not become obligated to pay to tbe Secretary, and Lender shall promptly refund my excess funds to Borrower. Immediately prior to a foreclosure saJe of the Property or its acquisition by Lender, Borrower's account ElhaJl be credited with any b31ance remaining for aU installments for items (a), (b), and (c). 3. AppJication of Payments. AU payments under paragrllphs 1 and 2 shall be applied by Lender as follows: First, to the mortgage insurance prMlium to be paid by Lender 10 the Secretary or to the monthly charge by the Secretary instead of the monthly mortgage insurance premium; Second, to any taJ¡es, special assessttJents, leasehold payments 0(' ground rents, and fire, flood and other hazard insurance prerruurns. as required; Third, to interest due under the Note; Fourth, to amortization of the principal of the Note; and E!fih, to late charges due under ilie Note. 4. Fire, F100d and Other H828rd Insurance. Borrower shall insure all improvements on the Property whether now in existence Or subsequently erected, against any h87..ards. casualties, and contingencic$, including fire, for which Lender requires insurance. This insurance shall be maintained in the amOUI1ts and for the periods that Lendcl.' requires. Borrower shall also insure all improvements on dIe Property, whether now in existence or subsequently erected, against loss by floods to the e~tënt required by the Secretary. AU insurance sha11 be c¡lxried with companies approved by tender. The insurance policies an.;l any renewals sh31I be held by Lender and shall include loss payable clauses in favor of, and in a form acceptable to, Lender. In the event of loss, Borrower shall give Lender immediate notice by mail. Lender may make proof of loss if not made promptly by Borrower. Each insurance company çoncerned is hereby authorized and directed to make payment for such loss directly to Lender, instead of to Borrower and to Lender jointly. AU or any part of the insurance proctc:ds may be applied by Lender, at its option, either (a) to the reduction of the indebtedness under the Note and thitl Security rnshument, first to any dèllnqu~t amounts applied in the order in paragraph 3, and then to prepayment of principaJ, or (b) to the restoration or repair of the damaged Property. Any application of the prOceeds to the principal shall not extend or postpone the due date of the monthly payments which are referred to in paragraph 2, or change the amount of such payments. Any excess insurance proceeds over. an amount required to pay aJJ outstanding indebtedness under the Note and tbis Security Instrument shall be paid to the entity legally entitled thereto. In the event of foreclosure of this Security Instrument or othet transfer of title to the Property that extinguishes the indehtedness, an right, lÎtle and interest of Borrower in and to insurance policies in force shall Pa8$ to the I;>urchaser. 5. Occupancy, Preservation, Maintenance and P.rotection of the Property; Borrower's tOan Application; Lea.~eholds. ÐoJTOwer shall occupy, e$tablish, and use the Property as Borrower's principal residence wíthin sixty days after the execution of this Security Instrument (or within sixty days of a later sale or transfer of the Property) and shall continue to occupy the Property as Borrower's principal resldenœ for at least one year after the date of occupancy, unless Lender determines that requirement wi1l cause undue hardship for Borrower, or unless extenuating circumstanccs exist which are beyond Borrower's control. horrower shall notify Lender of any extenuating circumstances. Borrower shaJl not commit waste or destroy, dan¡age or substantially change the Property or allow the Property to deteriorate, reasonable wear and tear excepted. tender may inspect the Property if t"-e Property is vacant or abandoned or the loan is in default. Lender tn4l.Y take reasonable action to protect and preserve sucb vacant or _4RIWYI /90041.01 I'age 3 of I Inlll'I.:~ / 1 ~'o.28 09...·.j.;;} COC651 abandoned Property. Borrower shall also be in default if norrower, during the loan application process, ga\'ð materially false or inaccurate infonnatlon or statements to Lender (or failed to provide Lender with any material infonnation) in connection with the loan evidenced by the Note, including, but not limited to, representations concerning Borrower's occupancy of the Property as a principal residence. If this Security Instrument is on a leasehold, Borrower shall comply with the provisions of the lease. [f Borrower acquires fee title to the Property, the leasehold and fee [itle shaH nQt be mcrged unless Lender agrees 10 the merger in writing. 6. Condemnation. The proceeds of any award or claim for damages, difeC[ or consequential, in couneclion with any condemnation or other t.aking of any part of the Property, or for conveyance in plaCe of condemnation, are hereby assi.gned and sha1l be paid to Lender to the cxtent of the fuIl amOunt of the indebtedness that remains unpaid under tbe Note and this Security Instrument. Lender sha1J apply such proceeds to the reduction, of the indebtedness under the Note and this SCCl.1rity Instrument, first to any delinquent 3tnounts applied in the order provided In paragraph 3, and then to prepayment of principal. Any application of the proceeds to the principaJ shall not extend or postpone the due date of the monthly payments, which an referred to in paragraph 2, or change the amount of imch payments. Any ex.cèss proctèds over an amount required to pay all outstanding indebtedness under the Notc and this Security Instrument sha1J be paid to the entity legally entitled thereto. 7, Charges to Borrower and Protection of Lender's Rights in the Property. Borrower shaH pay ¡Ill governmental or municipal charges, fines and impositions that are not included in paragraph 2. Borrower shall pay these obHgations on time directly to the entity which is owed the payment. If failure to pay would adversely affect Lender'$ interest in the Property, Upon Lender's request Borrower sbaH promptly furnish to Lender receipts evidencing these payments. If Borrower fails to make these payments or the payments required by paragraph 2, at fails to perform any other covcn<\nts and agreements Contained in this SecuritY Instrument, or there is a legal proceeding thaI may significantly affect Lender's rights in the Property (such as a proceeding in bankrup~y, for condenmatlon or to enfo~e laws or fegulations), then Lender may do and pay whatever is necessary to proteçt the value of the Property aud Lender's rights in the Property, including paymèJJt of taxes, hazard insurance and other items mentioned ill paragraph 2. Any amounts disbursed by Lender under this paragraph shall become an additional debt of Borrower and be secured by this Security Instrument. The.~e amounts shaH bear interest from tbe date of disbursement. at the Note rate, and at the option of Lend~, $hall be immediately due and payable. Borrowet shalJ promptly discharge any lieu. which hás priority over this Security Instrument unless Bortower: (a) agrees in writing to the payment of the obligation secured by the Hen in a manner acceptable to Lender; (b) contests in good faith the Jiè,\] by, or defends against enforcement of the Hen in, legal proceedings which in the Lender's opinion. operalc to prevent the enforcement of the lien; Ot (c) ScctIres from the holder of the lien an agreement s8ti$factory to Lender subordinating the lien 10 this Security Instrument. If Lender detennines that any part of the Property is subject to a lien which may attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Borrower shall $atisfy tbe lien or take one or m(')re of the actions set forth above within 10 days of the giving of notice. 8. F~. Lender may collect fees and charges authorized by the Secretary. 9. Ground,; tor AcceJeration of Debt. (8) DefauJt. Lender may, except as limited by regulations issued by the Secretary, i11 the case of payment defaults, require immediate payment in full of all sums secured by this Security Instrument if: (i) Borrower defaults by failing to pay in full any monthly paymtnt required by this Security fnstrurncnt prior to or on the due date of the next montbly payment, or (if) Borrower defaults by failing. for a period of thirty days, to perfonn any other obligations contained in this Security Instrument. (b) SaJe Without Credit Approval. Lender shall, if permitted by applicable law (including Section J41(d) of the Gam-St. Germain I>epository Instinniot)$ Act of 1982, 12 U.S.C. 170Ij-3(d» and with the prior approval of the Secretary, require immediate payment in fun of all surn~ secured by this Security Jnsttument if: 4C!:\-4RIWYI 19$041.01 Pogn <4 01 8 . ;, 1--1- nr- fnltl911:.tt:L-U I ,1";"';!"I'I' ',.~ :~ I';'N·N;:IN':'.'··, (:::~~!~!:~;!J @mll¡ 091.89~!';8 000652 (i) All or part of me Property, or a bentficial interest in a trust owning all Or part of the Property, is sold or otherwise transferred (other than by devise Or l;Iescent), and (ii) The Propenyi$ 110t occupied by tàe pu '[;haser or grantee as his or her principal residence, or the purchaser or grantee does so occupy theJlroperty but his or her credit has not beCI'\ approved in accordance with the requirc/tJems of the Secretary. (c) No Waiver. If circumstances occur that would permit Lender to require immediate påyment in full, but Lender does not require such payments, Lender dots not waive its rights with respect to subsequent events. (d) RcguJations of troD Secretary. In many circUmst4\DCes regulations iS5Ued by the Secretary wi11limit Lender's rights. in the case of payment defaults, to require immediate payment in full and foreclose if not paid. ThIs Security Instrument does Dot authorize acceleration or foreclosure if not permitted by reg\1lations of the Secretary. (e) Mortgage Not Insur.ed. Borrower agn~es that if this Security Instrument and the Note are not determined to be eligible for insurance under ilie National Housing Act within 60 days from the date hereof, Lender may, at its option. require immediate paymeut in full of all sums secured by this SCC1.lrity Instrument. A writtcn statement of any authorized agent of the Secretary dated subsequent to 60 days from the date ,hereof, declining to insure this Security Instrument and the Note, shaH be deemed conclusive proof of such ineligibility. Notwithstanding tbe foregoing, iliis option may not be exercised by Lender whcn the unavailability of insurance is solely dur; to Lcnder·s failure to rtmit a mortgage insurance premium to the Secretary . J O. Reinstatement. Borrower has a right to bc reinstated if Lender bas required immediate payment in full becàuse of Borrower's failure to pay an amount due under the Note or this Security Instrument. This right applies even after foreclosure proceedings are instituted. To reinstate the Security Instrument, Borrower shall tendEr in a lump sum all amounts required to bring Borrower's account current including, to the extent they are obligations of Borrower under this Security Instrument, foreclosure costs and reasonable and customary attorneys' fees and expenses properly associated wi,th the foreclosure proceeding. Upon reinstatement by Borrower, this Sccurity Instrument and dIe obligations that It secures shall remain in effect as if lender had not required immediate paymr;nt in 1i.dI. However, Lender is not required to permit reinstatement if: (i) Lender has <lccepted reinsla(em~t aftcr the COrtuDencement of foreclosure proCéWings withiu two years Immediately preceding the CDmmencement of a ~urrent foreclosure proceeding. (il) reinstatlmJent will preclude foreclosure: on different ground$ in the future, or (Hi) reinstatement will adversely affeet the priority of the Hen created by this Security Instrument. 11. BOlTt)wcr Not Released; FQrbearance By Lender Not a Waiver. Extension of the time of payment or modification of amortization of the sums secured by this Security [nstrument granted by Lender 10 any SUccessor in interest of Borrower shall not operate to télease the lìability of the original Borrower or Borrower's SUccessor in interest. Lender sball not be required to commence proceedings against any suece$sor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Securit}' Instrument by reason of any demand made by the original Borrower or Borrower's successors in interest. Any forbearance by Lender Ρ'1 exercising any rigbt or remedy shall not be a waiver of or preclude the exercise of any right or remedy. 12. Success(l~ and Assigns Bound; Joint and Several Liability; Co-Signers. The ~ovenants and agreements of this Security Instrument shall bind and benefit the SUCCessors and assigns of ,Lender and Borrower. subject to the provisions of paragraph 9(b). Borrower's COvenants and agreements shall be joint and several. AllY Borrower who co-signs this Security Instrument but does not execute the Note: (a) is co-signing this Securily Instrument only to mortgage, grant and convey that Borrower's intere.~t in the :Property under the tcnns of mis Security Instrument; (b) is not personally obligated to pay tbe sums secured by this SecurIty Instrument; and (c) agrees that Lender and any other Borrower may ågree to eJi;tend, modify. forbear or make any accommodations with regard to the tenns of this Security Instrument or the Note without that Borrower's Consent. 04RIWY/ 11/604).01 If; PSQe 5 of B 'nlliðl~:~ /' '. 0, ~) ::... 09l.8~j;t.o~ C00653 13. Notices. Any noriCè to Borrower provided for in this Security Instrument shalt be give!). by delivering it or by mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Propeny Address or any other addrcss Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herejn or any address tender designates by notice to Borrower. Any notice provided for in this Security Instrument shan. be deemer;! to have been given to Borrower or Lender when given as provided in this paragraph. 14. Governing Law; Severabì1ity. This Securiry Instrument shall be governed by Federal law aIJd the law of the jurisdiction in ~hich tbe Property is located. In the event that any provision or clause of this Security fnstrument or the Note e¢nflicts with app j~ble law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be giv~ effect without the confHcting provision. To this end the provisions of this Security Instmmentsnd the Note are declared to be severable. ' 15. Bor.rower's Copy. norrower shall be given One conformed copy of the Note and of this Security lnstrumcnt. 16. Hazardous Substances. Borrower shall not cause Of pennlt the presence, use, disposat, Storage, or release of any Hazardous Substances on or in the Propeny. Borrower shaH not do, nor. allow anyone else to do, anything affecting the Property that is in violation of :my Environmental Law. The preceding two sentences shall not apply to the presence, use, or storage on the Þropeny of smaH quantities of Hazardous Substance.') that are ger](~r:tJ1y recognizcd to be appropriate to normal residential uses and to maintenance of the Property. :Sorrower. shalt promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Har.ardous Substance or Environmental taw of which Borrower has actual knoWledge. If Borrower learns, or is notified by any governmentaJ or regulatory authority, that any removal or other remediation of any Ha;,ardous Substances affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. As used in this paragraph 16, "Hazardous Substanccs· are those substances defined as toxic or ha1.a:rdous substances by Envir.orunentaJ Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum product$, toxic pesticides and herbicides, volatile solvents, materiaJs containing asbestos or formaldehyde, and radioactive materials. As used in this paragraph 16, "Environmental Law'l means federa1laws and laws of the jurisdiction where tbe Property is located that relate to he~lth, safety or envÎrorunentaJ protection. NON-UNIFORM COVENANTS. Borrower and Lender further covenau,t and agree as follows: 1"1. Assignment oC Reot$, Borrower unconditionally assigns and transfers to Lender all the reuts and revenUês of the Property. Borrower authorizes Lender or Lender' $ agents tQ collect the rents and revenues and hereby directs each tenant of thèProperty to pay the rents to Lender or Lender's agents. However, prior to Lender's notice to Borrower of .Bor.r.ower's bre:ach of any covenant or agreemenr in the Security Instrumeot. Borrower shall collect and receive all rents and revenues of the Propeny as trustee for the benefit of Lender and Borrower. This 3$signment of rents constitutes an absolute assigt1rt1ent and not an assi¡:nment (or additional security only. If Lender gives notice of breach to Borrower: (a) all tents received by Borrower.shall be held by Borrowcr às tn.Jstœ for benefit of Lender only, to be applied to the sums secured by the Security Instrument; (b) Lender shall be entitled tocoHectand receive all of the rents of the Property: and (c) each tenant of the Propeny shall pay aU rents due and unpaid to Lender or Lender's ¡¡.gem on ~nder's written demand to the tenant. Borrower has not e;l¡écuted any prior assjgrunent of the rents and ba.~ not and will not perform any act tha.t would prevent Lender from exercising its rights under this paragraph 17. Lender shall not be required to enter upon, take control of or maintain the Propeny before or after giving notice of breach to Borrower. However, Lender or a judicially appointed receiver may do so at any time there is a breach. Any application of rents shall not cure or waIve åny default or invaiidatc any other right or remedy of Lender. This assig:ltment of rents of [he Property shall terminate when the debt secured by the Security Instrument is paid in full. _-4~IWYI19G041.01 I>;,¡¡. $ 6/8 Inllla/'~ ' :·ii~~~;~.:::'1;:::¡ ~~~t~ r~;;'" ....'o'? Ö9j}~)928 COf654. 18. Forcdosure Procedure. If Lender requires immediate payment in run under p~ragraph 9, Lender may invoke the poWèr of sale and any other remedies permUted by applicable law. Lender shaH be entitled to collect all expenses tn~urred in. pursuing the remedies provided in this parn,,-aph 18, induding, but not limited tOI r.easonable attorneys' rea and costs or title evidence. If Lender invokes the power of sale, Lender ¡¡hall give ooUee of intent to foreclose to Borrower ond to the person in possession of the Property, if ditterent. in accordance with applicable law. I..ender shaJJ gIve notfce of the sale to Borrower in the manner provided in paragraph 13. Lender sbaU publish the notice of sale, and the Property shall be sold in the manner prescribed by applicable law. Lender or its designee may purcha!lé the Property at any $lIlc. The proceeds of tbe sale $haH be applied in the foUowlng order: (a) to all expenses of the sale, including, but not Jimited to, reasonable attorneys' fees; (b) to aU surns ,secured by this Security Instrument; and (c) any eX'~ess to the person or persons legally entitled to It. If the Lender's intere.<st in this Security Instrument is held by the Secretary and the Secretllry requIres Immediate payment in tun tmder Paragraph 9, the, Secretary may htvoke the nonjudicial power of sale provided in the Single Family Mortgage Foreclosure Act of 1994 (hAct'l) (12 U.S.C. 3751. er scq.) by requestlnJ( a foredosure COIDnÚss[oner designated under tbe Act (0 commence foreclosure and to sell the Property as provided in the A.ct. Nothing in the preceding sentence shaH deprive the Secretary ot any rights otherwise avaiJable to a Lender under this Paragraph 18 0'" applicable law. 19. Relea.,e. Upon payment of all sums secured by Ihis Security rnstrument. Lender shall rcle3$c this Security, Instrument without charge to Borrower. Borrower shall pay any recordation costs. 20. Waivers. Borrower waives all rights of homestead exemption in the Property and relinqui$hes a11 rights of CUrtesy and dower in the Property. 21.. RIders to this Security Instrument. If one or more riders ére eJlecuted by Borrower and recorded together with this Security Instrument, the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security TUW1lmcnt. [Check applicable box(es)]. LJ Condominium Rider 0 Growing Equity Rider [!] ~r:kÞ¥'e~ o Planned Unit Development Rider D Gta¡;luated ~aymeD[ Rider TAX , Cmo RIDER. ..4F1IWY) 19&041.01 èSI Pðgn 7 of ð 'n""Ia~ð- I.... ,_. 0, ~~1 "'~Ü"-"8h' " J.., ,,___...];;;: COC655 BY SIGNING BELOW, BOlTower accepts and agrees to tbe terms CQntained in tht5 Security Instrument and in any rlder(s) executed by Borrower and recorded with it. Witnesses: (Seat) -Borrower (Seal) -Borrower (Seal) -I!mTower STATE OJ!' WYOMING. LINCOLN J1:~ f. ~ (Seal) -Borrower DANzEL E THATCHÈR ~^'-C\~S~) 1mATHE~ J THATCHER, -8orrowcr (Seal) -Borrower (Seal) -tlorroWer (Seal) -Borrower County ss: The foregoin~ instrument was acknowledged before me this HAY 31S'r, 2006 by DAN:J:EL E 1'BATCHER AND HEATHER J THATCHER (date) (p~rHon acknowledging) ~\\\\\"""l1lllll ~,\'\ ~f!lNÞ í'1,I, MY~~~£n.p~~ ~ Jc-'t" ~ 0 T A ;;-.~~ ~ ;:: ~ r (þ_ æ £QIøy(fJ IaMAI &I ê - ........- ::." '.::: .... VI. ;: '% ~ Ai/aL\O ~ § ~)o~ ___~" § ~~ OF W'lO 1\\~ ~111"111111"'\\\\~ G-4RIWY) 196041.01 i3I Pngt8"'B ~r.m:N::::::~::~~ t:~:·:~.!',·Z'f·.·~1 ~.. .~. ~ i .. :' .' , - C00656 O::Jj..H~.1:¿b Exhibit A A portion of Lot 1 of Block 10 of the Lincoln Heights 4th Subdivision to the City of Kemmerer, Lincoln County, Wyoming, being more particularly described as follows: Beginning at the Northeast corner of Lot 1 Block 10, thence West along the northerly boundary of said Lot 1 Block 10 a distance of 100 feet; Thence South along the westerly boundary of said Lot 1 Block 10, a distance of 52.28 feet; Thence N89°54'12"E, a distance of 44.67 feet; Thence S89°52'33"E, a distance of 30.47 feet; Thence S89°58'42"E, a distance of 24.86 feet; Thence North along the easterly boundary of said Lot 1 Block 1 0 a distance of 52.28 feet to the point of beginning , / 00C657 09l.S~12b TAX-EXEMPT FINANCING RIDER FHA Cue No. 591-0985433 703 THIS TAX~PT FINANCING RIDE:R is made tbis3J.sT da.yafHAT , .2006 . and is incorporated into and shall be deemo:!. to lIII1e11dand supplement the Mortgage, .Dee(! of Trust or Security Deed ("Security lnstrument") of the same date given by tbe undersi.gDed CBOITOwer") to secure Borrower's Note ("Note") to WELLS "ARGO .BDlK, 1f .A. ("Lender") of the same date and .covering the Property descri,bed in the Security Instrument.and located.at: .1319 9m -wEST AVEmm, ~, WY 63.10.1 fPropetty· Address] ADDITIONAL COVENANTS. In a.ddition 10 the covenants and agreements :made .in the Secuñty Instrumenl. BoITOwer md Lender funher covenant JlIJd agrœ to amend Paragraph 9 of the Security IYI8t1'1mIent, entitled "Grounds for Acceleration of Debt," by adding additional grollnd$ for acceleration AS follows: Lender, or such of its successors or assigns A" may by separate instniJt\ent assume responsibility for.assuring compliance by the BOITOwer with the provisions of this Tn-Exempt Financing Rider, may require immediate payment in full of.81l sums .secuœd by this Security Instrument if: (a) Allor part of the Propcny is BOld or otherwi,se transferred by B¢rrower to a purchasèr or other transferee: (i) Who cannot reasonably beexpccted to occupy the Ptopeny ~$ a -principal residence within a reasonable time after the sale or transfer. .all as provided in Section J43(c) Bnd (i)(2) of tht:: Interna:J Revenue Code; or (ii) Who has had a present oWDership interest jn a principal residence during .any part of the three-year period endin¡¡ on the date of the: sale or transfer, B11 .as provided in Section 143(d) .and (i)(2) of the lnt:ernal Revenue Code (except that "100 pereent" .shan be .substituted for "95 percent or more" where the latter .appear.¡ in Section 143(d)(l»; or »1A MII!tlstate Ta1l;-'E."(cmpt .F~.Rider ~ 10/95 ë\87Ð413 . -5Ø7U 197051 *-+ _ íh-- Page 1 of 2 rnitlal$~ ~\ (!/ I VMP MORTGAGE 'FORMS '1800'521-7291 111J111~m~~ OO~~~mili¡fi~: ~:i::::~~ ·:·:·:~·:''':~--'~'ijl' ·:j. n,.~""",/ C00658 r ~! .,(.~,,¡,,>~. t..~ tJ.AA .....~ "_0 ~') .._¡-~': ;-~_..~; (iií) At .an acquisition cost which is greater than 90 Percent of the aVCTá.ge Mea purchase price (greater than 110 percent for targeted area residences), all as provided in Section 143(e) and (i)(2) of the Internal Revenue Code: or (ív) Who bas.a gross family mcome in excess of the applicable median family income 1IS provided in Section 143(f) and (i)(2) of the lntemal Revenue Code; or (b) Borrower fails to occupy the Property described In the Security lnstrurnent without prior written consent of Lender or its 5Uccessors or assigns .described at the beginning of this Tax-Exempt Financing Rider, or _ (c) BOlTOwer omits DT misrepresents a fact !hat 1s material with ~lipect to 1he provisions of Section 143 of the lnternal Revenue Code in an application for the Joan Becutëd by this Security Instrument. References are to the Interna{ Revenue Code as amended and 1n effect on the date of issuance of bonds, the proceeds of wbich will be used to finance the purchase of the Security lnstruttlent Jlnd are Deemed 10 include the: implementing regubtioDS. BY SIGNING BELOW, Borrower 1U:Çepts .and agrees to the terms and covenants contained in this Tax-Exempt Financing Rider. (Seal) -BorJ'OWtT LJ~ £,~ DAmBL E mA'l'C1ŒR .Bol'I'nwcr ~ 'S 1Vì~eal) m:ATJ!ER J ~'1'cm:R (Seal) (Seal) -'BoITOwe-r -BomW¡:f (Seal) ·Borrower (Seal) -BoJTower (Seal) -BOTTOWU (Scat) -horrower ..S87U 197051 ~ P$98 2 01 2 /'