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HomeMy WebLinkAbout919758 'GI È~ l3'S \ 122 8~ ~ þ- ~ glJ'õ & 'v 6 Qo ::b~ .~ '" !:J iE ~ 0 Q.) -0 (j E c::: ctj f;:;~ 0- ~~ I '- Q.) ~ g / E ;¿ 7.TO/QOO ~ dI .. C· ·....·'",8 ~ .' ~.J t· ,'~: 6 r-- / 1v ... '. , WCDA DOWN pAYMENT LOAN MORTGAGE ~ . '. '.' ¿oan Number: g$1ÖO\ 01 ~3q . . This Mortgage ("Secu~jty Instrument") is given on -J u r-,,€.. £.... '1 J 1- 0 0 b , " The'Mortgagods ¥\u \... S rotir+¡()o..nd '8ð.r-bó...n:\.8 yY)a.r-h'V\ whose ~ddressïs \\9.1,·Q ~t:: LN€&+ -ç:::..1J1ê- I...'J:Q\ >r A .l<~ IJJ'.f ("Borro~er"), This Security!Instry.¡meníis.givcn to. RCI..-Í'\ \:::. o!'t\,r\e. West- Q #. ~l 01 Co:.\\~X'\G.. Co'(ç>,Cy"(:õ.r\-f.oC\ .: '. who is j, organized and existing.... under' the laws of ~ etD..-k. óP Cð..\ ,{-;)rf\ i (J...> and whose address is 'Reo ef\ 'P. .:, . ~€- R &--ot':F\·. € (-¡~ t} ("Lend;t'J· Borrower owed Len er tM prmclpal sum of o~-e..\t'()~f\ve.~u~drE'dS1:-lIetîn.()(ttJoll~SoO ($ \ \ '5, '\,00 ). T.hjs debt is evidenced by Borrower's Note dated the same date as this Security Instrument· ("Note"); which provides for monthly payments, with the full debt, if not paid earlier, due· and payaQle 011' J \..) \ u' \. I 2. 0 \ 4. .... . this Security Instrument secures to Lender: . (a) the ~epayment of thê debt ev¡d¿nccd by the Note) with interest, and all renewals, exten.sions árid 'modifications; (b) . the' payment of all other sums, with interest, advanced lli1der Paragraph 6 to protect. the security or this Security Instrument; and ( c) the perfonnance of Borrower's çovenants and agreements ,und¢r this Security Instrument and the Note. For this purpose, BO¡ITower docs hereby mortgage, grant and convey to Lender, with power of sale, the following described property located in k\' nee In County, W . I yommg: .... ¡ . ... '. ' I . . Lo1- ~ ~ rd -¡ ¡ß\bc...\< \ 0 ·o.ç. L \ f1 c.. 0 \1'\ tt e \C\ ~T$ ~--\-.b. Sùbc\\\J ,si Orl -\i:).·-\-heTow("\ Ö:Ç' Ke.mrne.r-e.r) Lt () coln c.ou-f'\~) ~O\Y'.\~Ä'.~~ .d~.,5C.:~\~d Or\-\-~e of'-Rc-~a.J ?\o..\- ~\\.ed ~H\ "O:c..:f--.òbe:r~) \~:Îî ClS ~nS+rumer\+ 1-30. 4QC4.o<6to a.f'~h~·.,reLD'\d.s,ð·~ me [,' r\c.ol" Coù{'\~ Q\erK. '. '. . . : : . ~.: I '. . . :' . \ : 'j : " '\ , .....',:.',.'. ;" . ,*:(-ef<"'('('.~ which has the address of \\ ;}.'-i'q lli We$. F '~e l) hI' -\- A Wyoming, '63 \ Ö \ (zip code)("Property Address");': ._ '. ::. .;- TOGETHER WITH" all, t~e inwrovements now or hereafter erected on the property, and all easements, rights, apputiepances; rèri~~;,t"O)'ålties, mineral, oil and gas rights and profits, water . rights and stock andatrf1~tUres,Ò9w. o.(.·hereaftc~apart,or:the property, All replacements and additions shall also be cOvered. by this Security Instrument". AJl of the foregoing is referred to in this Security Instrumèrit 'as "f'roperty". . ',: ". . . . . . . '. . .., ,. . . BORROW-ER .cOVENÅNTS that.Bprrowe~ . is' lawfully 'scized of the estate hereby conveyed and has"therighttci mortgage) grant and con~ey the Property and that the Property is unencumbered, except for en.~mbrances of recorØ~ Borrowerwarrarits W1d will defend generally . . , . . . . . . ~ . . . . " " : ~ ::, . '. ' .: . :', ", :,' . ',(:, MPP Fonn 219 I.: I RECEIVED 6/28/2006 at 4:20 PM RECEIVING # 919758 BOOK: 624 PAGE: 806 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER. WY 1 __~. _. ~_ _.~_ _~_ .___.. ._ __ ____ u_ ._ -- -_.. ,--~--_. --- ----.- ~MIS01J/1SHM HHl dO ~NVH RRLZLZRZOv XVd 6£:91 HOl 900Z/LZ/90 O:~jj~97~j8 ',' ,',", r' ,...\ íì 8 " 7 i~ut U the title to the Property against aJ Claims and demands, subject to aIlY encumbrances of record. . . . . . . - 1. Payment of Pri~cip'nl, Interest, Default Interest and Late Charges. BOITowet shall pay when due the pdricipal of, and interest on, the debt evidenced by the Note, default interest, ¡~ applicable, and late charges due under the Note. , " I . . . 2. Paymèot of Tax~s¡'Insurance and Other Charges. BOITower shall make timely payment of any (a}'taxes' àrid. special,' assessments levied or to be levied against the Property, (b) lea~hold payments or ground rents On the Property, and (e) premiums for insutance req~ired by Paragraph 4, The,Borrowel' shall furnish proof of payment to Lender uRon" r~~u.~st ~y the LCQ.der. . 3. Application of ~~Ymtnts.. All payments under Paragraphs 1 and 2 shall be applied by Lcnder'åsJollqw's:" . .:....' ." ".'. . I.. ;'. . . " Fiist, t¿' interes't due:uoder the'Note; Secoridj to am,prtizaiio.n of the principal of the Note Third,' tc): atè charges dueun'dÚ the Note;' . . , '.' . ' . ... . 4. Fire, 'Flood arid Othèr~Hazaid rn.surance: BON-O\ver shall insure all improvements on' the' 'Property. ; whether now in existence 'or subsequently erected, against any hazards, casualties, and' contingencies, including fire, for which Lender requires insurance. This irisuránce shall be maintained in the amounts and for the periods that Lender requires. ; .Borrower shall also insure aU improvements on the Property. whether nOW in existenCe or subsequently erected against loss by floods to the extent required by the Lpnder. All insurance shall be' carried with companies approved by Lender. The insurance polides and any renewals shall include loss payable clauses in favor of, and in a; fonn)\cceptabJe to, LeI1der.'BoJTower shall furnish a copy of the poticy or policies ofin.~u~aiice to the Lender upon request by the Lender. In the event of loss, ':È}6rro~~r sllal! giv~ Lc;ride.r::· immediate notice by mail. Lender ma.y make proof oltåss;ifnotmäde'prqmptIY,by"Bo.rrower. Each insurance company concerned is hereby'a:uthöi'iiedarid.directed to make payment for such loss directly to Lender, instead of: to BOITÇ>.Wer and t~ Lender jointly. Al1 or any part of the insurance proceeds may be 'apþli~d by)';e~Cler; ant's option, either (a) to the reduction of the indebtedness under:: the "Not'e- arid JhlsS~cÜ~ity Instrument, first to any delinquent amounts applied}i1 t~~' ?rde~.i~ Påiagrflp~ 3, "and then to prepay~ent of principal or (b) to the restoratio.u· 01' repair of, the damaged property. Any application of the proceeds to the; þfìnCipåJ: shall ncit"· extend or' postpone the due date of the monthly payments which. ar~ ,,~fèITed. ~o in P~agraph; 2, or chaJ1ge the amount of, such payments. . ,Ariy' ~xccss ,instiámce proceeds.' civeT' an amount required to pay an outstanding. indebt,edness urider the. Note and this Security Instrument shall be paid to the entity legaÌly ·entitled.he(eto. ~ .'. ... :. ~ .. .: . . , . .,.' " In the even(6fJoreCfos.lÎr'e of this Secu~~ty !nstÍ-Û'ment or other transfer of title to the Property that. ¿;xtÏIiguishes .tÍ1eindebtedness,·all right, title and interest of Borrower in and to.insuraI1.~~pþlicies in force shal.! pa.ssto t~,e p~.rchaser. , .... ! ....., 5. Occupancy';' JÙcs.ervation" .Ma.int~nance '·.and Prot~ction of the Property¡ Borrower's Ló~~·:~p.Î>~ic~ti~n¡t~ea~~holds.·· Bo1tC?wer shall occupy, establish, and use the Property; as .. ~of!9wer:'s., Pfinçipa!.residence within sixty days after the : ,', 2 . .' i ~ . \. . '. . . I' ,. I . . ~ , '. . ..' .i ., . .. " : . 7.T 0 /LO 0 [VI ôNIS01Jhsa~ illlL dO ~NVH ggaaRZOv YVd OÞ: ~ r mhL900Z/ LZ/90 i,I,' ~-- --~._,----~ 091.97 ~J8 7.TO/ROO ~ H-----"'---ì f' .,,\,.., ("I "8 ".i U0ö~.' c::xccution of this SecurÚy 'lnstrume~t and shall continùc to occupy the Property as principal residence wjthinsixty days a.fter the execution of this Security Instrument and shall contínu.e,t9 occ).;IPY ,tl1e,·Prôpe~~.aS·~Borrower's priñcipaJ residence for at least one year after ·th~da.te· OCqccupáriéy, unless ~he Lender determines this requirement will:. caµse unصe :h'!-rdship fqr Borrower, or unless' extenuating circumstances exist- ~~ich areb~yondl?orrower's control. Borrower shall notifY Lenders of any extenuating circumstances;. Borrower' shall I:IOt commit waste or destroy, damage ,.or Slfbstantial,1)/: ch~ngethe Property or allow the 'Property to deteriorate, re,ås9nab1ewearalld tear excepted; Lender may inspect the Propcrty if the Property is . y,'acant or. aband.o 1ed .or the loan is in default. Lender may ta.ke reasonable act~on to. protèct and preserve such vacant or abandoned Property. ßorrowershaLl. also. be in ~!:,fault.íf BorrQwer, during the loan application process. gave materia.Hy.fà1se or iqaccurate inforrnrition or statements to LeI1dèf (or failed to provide Lender with any material information) in connection with the loan evidenced by the' NO,te, in'Clticling, but not limited to, representatiQns concerning Borrower's occupaticy' Örthe Property' as a principal residence. If this Security Instrument is 00 a leasehòld, BoiTòwer shaii comply . with :the provisions of the lease. If Borrower acquir~s fee. title to. the ~rop'ertY, thé :IÙšeho.'ld .and. þ~e .title shall n.ot be merged unless Lender agr"ees·to the m~rgerïn writing. . . . 6. Charges to :Bdn:ci~~~.':',å'iid.·Þrot~ctioD "of' 'Lender's Rights in the Property. ,',' . J' I ~ ~ I" . . . . ' .' . . . . . Borrower shall paY.:âll ~~YÞr:nmental"or mW1icipal ch,arges, fines and ImposItIOns that are not 'included . inparågtàph 2. :Bóiråwer' shall 'paY these obligations on time directly to the entity whích is owed' Ú1cpayment. If failure to pay would adversely affect Lerrder's interest in' the Property, upon' Lender's request, Borrower shall promptly furnish tø Lender receipts evidencing these payments. If Borrower fails to mt\,ke. these payments or the payments required by Paragraph 2, or fails to perform any' ;pther cove,Ümts .aôd 'âg~eements contained in this Security Instrument, or there is'a legal prpceè.diiigthatrnäy signifIcantly affect Lender's rights in the Property (suc~' as '~prÇceedi,Î1gJn bankrtiptcy, for condemnation or to enforce laws or regulations),oíhen 'Li!:ñ'dèr màY'·ì:ioand' pay whatever is necessary to protect the value of the Property ánd'·~eriôer'.s dght~ '#i the Property,: including payment of taxes, hazard insurance andqthé)tþm!' rrtcn,*jJ:lêd in Paragraph 2. . . , ~"": I . ." .: ;. '. . : ' . '. .. .. . Any amounts .di~l?u~~ed.by:-tdrid~r:uhde¡'t~i~ Paragraph shall become an additional debt of Borrow"etand' besëcúred by this Se'cudty Instrument. These amounts shall bear interest tr6fu::tht'.d~tè· 'pf cÙsbuI'senieri~' at' the Note' rate, or the default interest rate, and at,the 6þ.fiqri pf LCÌ1c:i~r.. si1~ll beímmed.iately due ånd payable. '. :: . '.' ; '.; . : .: ., ". :; ':. '.' ' .' . :. ~,.... ',' . . 7. CondelJlnátìo~:: .::;The·pro¿e·GdS''of 'i:HiY:'a\V~rd' or .91.iim for damages, direct or conseqüenti~I;:ìnGonrieCtio~ withariy' condemn~tion or other taking of any part of the Property', ,ór:fof"'cqr1v:e)iancëin'ph,lce o'fc;ond~nï~àtion, are hereby aS$igned and shall be paid.: to Ld1~ëi, ·to the 'eXtè~tof'the., fÚIl, ·årrioÙnt· of the indebtedness that remains unpaid under' tbe,.·Note . nnd' this I SecuritY-::Instrl,.ln:lel1t. Lender shall apply such proce~s .to. 'the. ~eduGtiQn 'Qf':thê indebtedoès's 'under the Note and this SecuritY Instnim'ent, first to anY'ï161inquent amounts applied in the order provided in Paragraph 3, and then to::' :p>r¢i?~Y.rnent:of.:p'rincjpat.. :'AnY application of the proceeds to the principal shall not e~t¢?,d.or þostp,op¡~ the quedat~ of ~e monthly payments, which Me referred to in, fåragr,'a.p~'f; or.change the ,.~rripu~tof such payments. Any excess . '. . . ;" '. J '~'. : . . ¡i' ..' . .'. , ' " ".3 . J. , . '. ' .. ôNIS01J/1SHM [Hl dO ~NVH ggLZLZgZOv YVd Ov:9I HOl 900Z/LZ/90 091.9r;1 ~18 -~ 7. T 0 / h 0 0 r/)I ðI , r' ." n n .~ 9 ~ :' r ;;.<; d" . .... \} \} v '. J proc~eds over an ~m:o·~nt.rl;)quir~dto;·'pa:y.p.l¡':outstanding indebtedness under th~ Note and this Security Instr4ment,shall·:þè,pmdtþ:the;entity legally eJ1titled thereto. . . . . '.'. ' . ',. ..', ..' 8. Grounds for ACèel:e.ra.t.io~·~ó'{þebt.:· :'.:<.·:·,.i:, . . . .. '. ,., ~ . ,'\, , . " ','. ".: . ,.. . (a) Default. Lerid~r..m~y'·~q~i~e-:"¡¡1~6êd¡atè payment in full of all sums secured by this SecuritY,InstrÎ1menUf:; . ... . .":::".:. ...., . ." ,';.'.:: ' ,I. .. . .. "..' '::.. ,.... I ,:. :~ " (i) Bb:rro.we('d~faul[~··bY. failing to p'"y ~in full any monthly payment requirtd þy;:tJl~~;$ecuf\ty Iristru0e.nr..prjpr to or on the 'due date of the next monthly 'páym'ept,·.or, ..:.......... :' . (ii). ':" Bq!Tower' defaults by failing,: for ·a.:period of thirty days, to perform any 'othtr obligations' contained in this 'Sècurity" Instrument ,. . . -'" '. . . . . .. ",' ," ..1..' . .. 1',' . (b) S~e W(th~·u.n:;.r~dit Appr~val...:,. ,L~!1der shall, if permitted by applicable law, réquire>imiri~di~lte :payme'ot i~.:fù of ,all..:},he sUms secured by this Security 'Jostrumentif: " .. . ~ " .,.' ....;, . .' ' (i) . . . "1' . "i . All ot,·~part.,of.the ,Prpperty', .or a' bçneficial' interest in a trust owning all or part ón6:~:J>fÒP~rty.)..Js:.s9IdQr; otherwise: transferred (other than by devise or de~n.ty by'·:.~eBorf~~e~,..ånd· ..... .... : The ·Pi~þertY·. is nói ÖcëÚI>ied by the purch~er or grantee ~s his or her principal: residence;' 'or the purchaser or grantee does so occupy the Property but his år her-credit has not been approved in accordance. with thereq~irementsoftheL6nder. ',' .'.:" ..' (ii) (c) Default Iuterest. If Lend.er has not received. the full monthly payment'required by the Security Instruinent 'by the ~nd pi" the thirty day calendar days after the payment is du:e, L.6Ì1de"r:,fiIa.YJ.ncrê~se,thè.:interest rate as described in Paragraph 2 of the Note to t:We1vc' pe~.c~~f (12'%)..··r:;enddr· may 'choose not to exercise this option without *ajvi,:g :jt~ rr~ht. in the event:of any subsequent default. ',' ~. "'::' -: ,: .. :" '..~ '..: ; . "... ' . ; (d) No Waiver: .:' .I(·9ircu:óJ~Úai1~s." ':oc.~:l;Ir; that would permit Lender to require immediate. payment,jn' fuÍl,' .büt· ·Lcndêr.' does not reqùîre such payments, Lender does not w·a.iv~ iilij-ight,hvÜh respect" tos~bsequent events. . '. . :", ,,~" ~ .., " . . . . , 9. Reinstatenuirih' i)}6~~;~&' has'ii,"b"Hght: )Ó'! ~è reinst~ted if Lender has required . immediate p~Y~·e,l1t.í~· tuÜb'êc~usë'ófBoriower's failure to pay an amount duc under the Noteòf:·...tÏi,s·,·:$ecùrity Jnstfument.Thi$: right applies even after foreclosure proceeding~)re'·,J~~tifute·ð..'.·:Tor¢rl)sqite; t~è· ~ecùrity. Instrument, Borrower shall tender in .a·lùnip·:sliixi IrlIamôi.intS required "to bring 'Borrower's account current including,,: tò..tb.e:· extent they: ,ar~. obligatipn( of Borrower under this Security ./. ., . ;""'f"" . .', '.,... "" ·t· '. ' , " Instrument, .fQreclos,uréc,Qsts . arid ,reasonable .and. customary attomeys' fees and expenses pi"opérl:fåss'ociaf8d .with the 'foreClosÚre: r>rq¿eeding. Upon reiristat~meJ1t by Borro'wêr, t~¡s' SecüritY InstrUment ánd the 'obHgatìoas, that it secures sha.ll remain in effect as if Lender, hå.dÏ1ot required immediate payme'nt in fulL Howev~r, Lender is not required tô·p-ef~iì·r.çrrìsta~em'éht Jf:: '(i) . 'Lender h~s accepted' reinstatement after the commcncemeni'-::,or'·fôreèrö$ú·ir:·pr9.c:~edings: within two years immediately preceding the ço,n.m~~~erii~n~; ,9f,a :~:ûiiët:t;lor~·~}osµ'r~· proceeding, (ii) reinstatement will preclude foreqlósu~~;~m\':d~ffer~nt !gro\lIldsjnßiefuture, or (iii) reinstatement will adversely affect the prioritY ofth'e lie!} created by this Security Instrument. ! .,.:;"".;-'..4 ". ..' : .~' :, " ' " ": ,,' ~ ~ :' " .' :.. . ' :",-.,1 ' :. '" ,.,':...~,'... . '!' ¡.;; .~\ .'. " , ¡". :!:: ... .~..: ~~TS01JhsdM iiHL'dO ~NVH 99aa9Z0Þ YVd OÞ:8l WhL 900ZILZ/90 O~'}179?58 7.10/010 ~ r- ~, ." ., C00810 . " :,','. . ," .' ," ,', ',' lD. :Borrower Not Rel~~~d; F.9·~beárance. by.l,.ender Not, a Wavier. Extension of the time of payment or: mbdiflcatiòri' of amortiZation of the sums seóured by this Security Instrument grante,d ::by.,· Lender to; any:. süc.cessor in interest of Borrower shall not operate to rclcf!lìþ;'tþe j¡i:!þi'i~tof t~.e,.o~igiÌial Borrowe~' or Borrower's successor in interest. Lenc.i¢~ sh~lI·:l1;ot.' 9~ requi.çed.. t~ . commen¡;e proceedings against any successor in -interçst .of refuse to extend time for payment or otherwise modifY amortization o"f :thé,suq¡s "~'eCurè'd'· ~y this Security Instrument by reason of any demand made b)/the ;(:iriginàl. BorrpweÌ',.or Borrower's successors in interest. Any forbearancêÎ)y":Lênde·r.in 6xÙcisJng any right' or remedy shaH not be a waiver of or prec1~d.~ thé'p~er~is~ of a~y right oáemed)'.,::. .~. .' , . ..' . . . I·t ,", . . .., " "., '. " .. . .' '," " 11. Successors.' ~nd: As~igns B.ollnd; . JoÌlÜ' and ,~veral Liability; Co--signers. The covenants: '~nd"a:greeqle~ts òrt;Ì1is seCudtý. 'Instrument shall b.ind and beoefit the successors'· arid ,assign~ of:'L~nder' an(j: Borrower,subject to the provisions of Paragiåj)h)\(br . ?or¡'ower'scov'en,~ts and .agf~.em.énts shall be joint and several. Any Borrower: who co~sign~ this.: Security Instl11ment· do~s not execute the Note: (a) is co-signin'g ·t~ì's:·:·~~ùrii-Y.)i1,s~i.lrri~¡'Ú o.nly·)å mortgage, grant and convey. tha.t . '\I: . ~ ...' " .. ','..' ~p , '. . 1 .,.. ' f· . Borrower's inten~st:.Úà)h~:fròperty:l,1ndè.r the terms pfthl.S Security Instrument; (b) IS not persQnally Q~U~{¡:¿ne::påy thçš.u11ls:.s·ecur.eø by this Security Instrument; and (c) agrees that Lender ¡iriÇi . any' . qthé~' aôÌ:rowe;: iri~y agree t:o extend, modify, forbear or make any accommodãHöris··~.ith reg'årq ·to·the terms'ofthjs Security Instrument or the Note without that Borrower's consent.' ... .,... . 12. Notices. Any notice to BQrrower provided for in this Security Instrument shaH be given by delivering it or. by mailing' it by first class mail unless applicable law requires use of anotti'er 'method. : The t:lotice shall l;>e directed to the property address or any other addres~ ,B6rro~ðr Øe~ignat.e.s bÿ.,noûce to Lender. Any notice to Lender shall be given by 'jj~sCcl~~ 'l1)airto' t~nMr"s address .stated herein or any address Lender designates ,bý.l,1þ·ti~e'tô· B.prr~ý;çr;· : Any notice provided fòr in this Security Instrument sha.ll be de~riie.d.~~'.~a\1e D.e-en givçn to Borrower or Lender when given as provided in this..p.¥~g"tàp~:-·.(::.: <:'.: :';,;> ..'.~.;....., . 13. Governing L~W{ S-j~¿;~6Új~.:·: ..'TIÜ~:·Sèc~ritY Instrument shall be governed by Fcderallaw arid tp:<l~~ ófihe .jJiisi:Hqtion .in which thç.:Property is located. In the event that ~t:ly .proyi.~i6n··cir ·ç.låuse.}>f ~hjs Sécurity Instrument or the Noteeqnflicts with applicåbl.¢'laY')suéh··.:c:6rifJid shall not '~ffect other: provisions of this Security Instrunwn( '.o~;~he :NQte.'whi¿h,·ca:i1:l;)egiYeif~ffect without the conflicting provision. To this end the' pròvisiØn' :of this' SequdiY l~'strumcÎ1t and the Note are declared to be scveråble. :.' '. ':!" '..... .'. .' ' . \. ,": .'" ,".' \ ':{:., ii" " .' '\ .: :' ~ ,', , '..:' " '. '.. ,'" '. .,'. " . . .' ',' ", :. '," ':"'" ",. I....,. " . ....:... 14. BorroW~r~s"CÖP)';:·')1oriQ\vershå.Ìl he·.giv·èri QI)~ confonned copy of this Security Instrurnent..··.'.;..'· . . .:.' .... .....: . ...,.., . . '. ' ...,. .' ... ::. :.' . ; . . ..' .. ...:' "i':" .' . ......, .: .:'.'. .:. "';:." ." 15. Assig~~e·nt·,;~iÒ:~·~~~~·.,·,.·~qg6~ç~~~cô~ditio#~Ùy ~~~igns and transfers to Lender all the rents: and ·i:év~~~·~~tþf:,t.h'e;.,~fòp.~m.:·...:ß6rro.wê( . authorized Lender or Lender's agents to collect tbe.reo.~)ín.d"rey.enu~fandhe~~byçi¡rects each tenant of the Property to pay the rents·tÓ,:~ÿrí:der-'.ô¡'~;4b1deI3s.,:"<igeri~'i"j-IoweŸer/ prior to Lender's notice to Borrower of Borrower~s'::bre:aqh··of.a.nycovenant or agreement in the Security Instrument, Borrower shall' coIr~ct ~d :r~ceive . ail r6nts and revenues of the Property 5 ,'.. . . .' ¡ . .' .. ,'.'" . . \ ....' . ," ~ ..1...,'.... :" " "\' '. ¡'. : " _,i.'< ;,." . { t',: . ~. :.' , ., '. :' J.,I' . I," .. '. t, ,,' -'I,' . . .: . ôNIS018/1SHM HHl dO ~NVH ggLZLZgZOÞ XVd OÞ:91 Hrrl 900Z/LZ/90 ., , " <;1; . r 9" '-1 r:'S ;'1 ""."..Ii) f. ,} .......'....1 ø ., .. . '.' . . " ' '" - C00811 . . . . as trustee for the. ',ben~fi{: þi;~e.nd6r: and. Borrower. This assignment of rents constitutes an absolute'.a.ssig.n.ment. and'n~t;al1 assignment for ad,Øitional security only. : . . ...... . . \';...:'.' ".' ..'. '. . ". ' If Lender gives notice pfbrea.ch·to'Boirower·; (a) all rents receive by Borrower shaH be held by BdiTowe:r.'~s ttú~tee: for :bt~nefit .9.f Lender only) to be applied to the sums secured by th~:..Se9~rítY. I!1~tru"p1ent; (b) Lender shall be éntitled to collect and receive all of the ren~ pf.thc';p·!:operty¡ and (c) : each tenant of the Property shall pay aU rents due and up.~a,1d;·tÒ Lender or.Lcnder's'figent· on Lender's written demand to the tenant.... '::' ..:".:i .... :: . '.: ,'.; :,;' :'..:', . ::. ..:-' ;"': ..,..:.' :';\ :. ':.' Borro~er has ·not. executed any pdor 'assignment of the rents and has not and will not perf0n11 an~ ~ctiliat" ,:"oùld p~Yent' Lender from exercising it:) rights under this Parag~aph 1 ~;.:. . '::' '. '.' " . ...,:. . . Lender :shaÏl'riot .be .r~quiredto entèr "upon, take control of or maintain the Property before or after giving notiGe Qf:breach to Borrower: However, Lender or a judiciaUy appointed rec~ivër:riÚ'l.y::dö··so,'at;·ahY'..time t~ere' is. å breach. Any' application of rents ..\.., ..... , ,', ..,...:. .... \ . . shall not:cure or waiY.,¢::any,default'ådI:1validåte. any:,other right or remedy of Lender. This assignment,q(ren'isofthe.pÎ;cÚi¿ity:·sha.lltermîriate ~hen the debt secured by the . Security instrurri~~i'is',p:ailÍI{fûì¡: .1:hö·.LeodÙòr ajùdicîally appointed receiver shall not be required to poSt å,Ì1y bond qr Òt,he(' secû~ltY.·to enter upon, take control of or maintaiJ:l the property. " '., ~: .. ' . NON-UNIFORM COVENAN'fS. Borrower and Lender further covenant and agree as follows: . 16. Foreclosure Proc~.d~re.· If Lender reqUire~ immediate payment.in full under Paragraph 8, Lend~rmay' invoke the power of sale and any other remedies pennitted by applicable law. ,:Lelid.~r"·:sh~1I" pe :enti'tÍed to collect all expenses incurred in pursuing the remediesprovidê:d"'in 'thIs: Paragraph 16, including) but not limited to, reasonable attorp~rs··. fee~ ~?~,:~?~$oftitl~·evidence. ; ." . ~ ..:' I.. '.. '. ,'.::. ,:. '..:; If Lender invo~esth~'.poW~r·::ôf såle, t:ender:shill give notice of intent to foreclose to Borrower and~ tot6e;"p~i-s9P în':po~sessiåh'öfthe PropertY, if different, in accordance with applicabJê "law~ ..L~hqÚ. ~ha,lt-giy~.riotiþe .pf the sale to Borrower in the manner provided in'Pårågråph:12;:.' Lender' shåll publish notice ofsaleJ and the Property shall be sold. .in· ,the"maiµ1er pr:e.scdbëd bý åþplicable law. Lender or its designee may purch~~ the'Pr9perty:at, any sale.:, Th.e 'proceeds,of the. sale shall be applied in the fOllowing,orqe(:'{åX:to all exp·enses. <;i:f s~le. !i~clµding) but not limited to, reasonable attorney,s·OJ~·r;¡$.;Y:(b) :to:all'sumš 'sécured by this Seclldty Instrument; and (c) any excess to thcþ~rson or~ ~erSbns Iegàlly entitlcd .to .it.. 17. R~l~~e.· u~'oh' p'.ay~erit"ófalI·~u:mš~ç~ured by .ihi~· s~curity Instrument, Lender shall release this' Sebµ~itýJt1S~~~_ij.\~~·f.~ithoÜt c'ha"rge tò ,Borrower. Borrower shall pay any recordation costs·..·.';· ~::.?:\.~:/::::.~:~:: ;,I.::::::':.:;'.',:'.'~":..:, ,..' ~'. .:' :.- .:," .';" '...., " 18. Waivers.' Borrow~r'i:Wåiv~s."·~lh.ights,;of hörnêstea<:! exemption in the Property and relinquishes all rights'Ofcurtešý:äÍ1ctdowçr,in .th~~~?perty. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this.. $~curity Instrument, thecovcnants. of each such rider shaH be 6' ., :'. . ~ :.' . ' . : " . '. . . ~- .j,....'.:~ " . 7.T o/n 0 rYI , 8NIS01J/JSWrI lliI1 dO ~NVH ggLZLZnOv YVd n: & l lillJJ900Z/ LZ/90 .. ,.' ,-"'-', 0'.9í9~,1~18 ,:'..00812 ., I .,' . .' . ,. .. . .',. ,': \', . . . ... :', I· . incorporated into and s~a¡j.·,ani~n.~~ åpdsuppl~~~nt thc covenants and agreements of this Security Instrument as jf th~iidér(s) were in a. part of this Security-Instrument. [Check applicable space(s~r:.:: . ,.:'.'. ..;...,(..... ....' .'. . " .:' I. _ co~~~~:I~i~¡jiH.ider. ::::. ':'. '. : '::' _ ~:-aduaced Payment Rider _. F~q~.~gEqUi~ ~~d~r': :~:;'" . '.' '.~ ~~~~~ed Unit Development ~ : . ..', '., Ôili~r (Sp~~iiy] .. . ~ Other ~"'.'.. '...";,.... .....:.:'..~ .... .. ',' BY SIGNTI'iG.1JELOW..: B'orro.wer··åcccpts and agrees to the terms contained in pages 1 through'" 7" of this' Security lri~trÙinerl( and in any rider(s) executed by Borrower arid rei;.or~ed with it. .. . . ':. " Witnesses: ,. ..: :"'~':;t: :>i·;~<,/¡":~:(,~·.'i.;~....·... . " ., I . " .-:;' ,'. .:<:....':.;<.. :.' ...'~', ,q.:'~-¡;hA.~bI}At1'A-' I~~;- .' .:':,Bo,trower ~ tyS(, · Bower . ." . .,' , ., '::':.. ; '. ::<,., " ~ .' .' '·.1.. .:-. .,.,' .: . :'. ,,'. '..... Borrower ,. Borrower . : '. ~'. .. ~ l' r: ~ ','" \ . . : : . .', . . STATE OF WYOMING, ..L;/h~~~sr:·:··~~:'.. ., " ' . ' " , '. ' ðtxJb J ,'... '. .'. The foregoing instrument Wá'~;~tknowíed e . " ., . . My çomm¡";OnExP~,~S\, '1,8 ;i~c(! ' ",' , . ,.... . . .' .'. ..'.. ' . . I ~ . = . . :." . . ': .'.': . , .. ,".J' ~ . . . ' , I'¡~NCY srÀFFè;;3 ..\;Òil\RO~U~tîµ,·;, ,.~ '. . I I COO"'" Of If'?, 'ST~T~'",". '. '. . ~' "" f' ,¡ 1¥ ,"'" , llNCOlN '~,>-hì! 'flY~JjNG·. :"'" . ~ ",.. My Com""'-:C:lj1P ~-'''¡Ies . _I.... " I~" ,,'., :: . :. ~~~>-..:.:-.'-::.;:.>....._._:_-:~.,,_. -·~~")-'.!~7.-::,.:,'·'" '. '..... ,. .... .J :. . . . . ~ . .' 7 , , . . . ',.' . . . . , .'. .f... ôNIS018/1SHM HHl dO ~NVH RRLZLZRZOÞ XVd lÞ:91 HOl 900Z/LZ/90 7.TO/7.TOfm .,