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MORTGAGE
951702
D IF BOX IS CHECKED, THIS MORTGAGE SECURES FUTURE ADVANCES.
THIS MORTGAGE is made this 25TH day of SEPTEMBER 2005
CHET MARTIN & STACY MARTIN, JOINT TENANTS
, between the Mortgagor,
(herein "Borrower"), and Mortgagee BENEF I C I AL WYOMI NG I NC.
a corporation organized and existing under the laws of WYOM I NG
1353 DEWAR DRIVE, PLAZA MALL STE 8, ROCK SPRINGS. WY 82901
(herein "Lender").
whose address is
The following paragraph preceded by a checked box is applicable.
!Xl WHEREAS, Borrower is indebted to Lender in the principal sum of $ 59,930. 71
ev~ed by Borrower's Loan Agreement dated SEPTEMBER 25, 2005 and any extensions or renewals thereof
(including those pursuant to any Renegotiable Rate Agreement) (herein "Note"), providing for monthly installments of
principal and interest, including any adjustments to the amount of payments or the contract rate if that rate is variable,
with the balance of the indebtedness, if not sooner paid, due and payable on SEPTEMBER 25. 2035
D WHEREAS, Borrower is indebted to Lender in the principal sum of $ , or so much thereof
as may be advanced pursuant to Borrower's Revolving Loan Agreement dated ~ and
extensions and renewals thereof (herein "Note"), providing for monthly installments, and interest at the rate and under
the terms specified in the Note, including any adjUstments in the interest rate if that rate is variable, and providing for a
credit limit stated in the principal sum above and an initial advance of $
TO SECURE to Lender the repayment of (I) the indebtedness evidenced by the Note, with interest thereon,
including any increases if the contract rate is variable; (2) future advances under any Revolving Loan Agreement; (3) the
payment of all other sums, with interest thereon,'8dvanced in accordance herewith to protect the security of this Mortgage;
and (4) the performance of the covenants and agreements of Borrower herein contained, Borrower does hereby mortgage,
grant and convey to Lender and Lender's successorsÞnd assigns tbefollowing described property located in the County of
LINCOLN State of Wyoming:
SEE E XH 18 IT' A'
RECEIVED 9/28/2006 at 10:21 AM
RECEIVING # 922860
BOOK: 635 PAGE: 209
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
which has the address of 831 LANCASTER LN. CTY RD 147,
(Street)
AFTON
(City)
Wyoming
831 10
(Zip Code)
(herein "Property Address");
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TOGETHER with all the improvements now or her::fter erected on the property, and all qa~g~.;J.·~~ghts,
appurtenances and rents, all of which shall be deemed to be and remain a part of the property covered by this
Mortgage; and all of the foregoing, together with said property (or the leasehold estate if this Mortgage is on a
leasehold) are hereinafter referred to as the "Property." .
Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage,
grant and convey the Property, and that the Property is unencumbered, except for encumbrances of record, and
Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to
encum brances of record.
UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
I. Payment of Principal, Interest, Escrow ltems,Prepayment Charges, and Late Charges. Borrower shall
pay when due the principal of, and interest (including arty variations in interest resulting from changes in the Contract
Rate that may be specified in the Note) on, the debt evidenced by the Note and any prepayment charges and late
charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due
under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other
instrument received by Lender as payment under thê Note or this Security Instrument is returned to Lender unpaid,
Lender may require that any or all subsequent payments due ùnder the Note and this Security Instrument be made in
one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check,
treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by
a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer.
Payments are deemed received by Lender when received at the location designated in the Note or at such other
location as may be designated by Lender in accordance with the notice provisions in Section 12. Lender may return any
payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may
accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or
prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply
such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due
date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower
makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender
shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the
outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower
might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and
this Security Instrument or performing the covenants and agreements secured by this Security Instrument.
2. Application of Payments or Proceeds. Except as otherwise described in this Section 2 or as may be required
by the Note and/or applicable law, all payments accepted and applied by Lender shall be applied in the following order
of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such
payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall
be applied first to late charges, second to any other arriountsdùëunder this Security Instrument, and then to reduce the
principal balance of the Note. "
If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount
to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than
one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the
Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after
the payment is applied to the full payment of one or more Periodic Paymerits, such excess may be applied to any late
charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note.
Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall
not extend or postpone the due date, or change the amount, of the Periodic Payments.
3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note,
until the Note is paid in full, a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and
assessments and other items which can attain priority 'over this Security Instrument as a lien or encumbrance on the
Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance
required by Lender under Section 5; and (d) Mortgage Insurance premiums, if any. These items are called "Escrow
Items." At origination or at any time during the term of the Loan, Lender may require that Community Association
Dues, Fees and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow
Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this . Section. Borrower shall
pay Lender the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or all
Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Items at any
time. Any such waiver may only be in writing. In the event of such waiver, Borrower shall pay directly, when and
where payable, th~ amounts due for any Escrow Items for which payment of Funds has been waived by Lender and, if
Lender requires, shall furnish to Lender receipts evidencing such payment within such time period as Lender may
require. Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed to be a
covenant and agreement contained in this Security Instrument; ;as' the phrase "covenant and agreement" is used in
Section 7. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and Borrower fails to pay the
amount due for an Escrow Item, Lender may exercise its rights under Section 7 and pay such amount and Borrower
shall then be obligated under Section 7 to repay to Lender any such amount. Lender may revoke the waiver as to any or
all Escrow Items at any time by a notice given in accordance with Section 12 and, upon such revocation, Borrower shall
pay to Lender all Funds, and in such amounts, that are then required under this Section 3.
Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at
the time specified under RESP A, and (b) not to exceed the maximum amount a lender can require under the Real
Estate Settlement Procedures Act (12 U.S.c. Section 2601 et seq.) and its implementing regulation, Regulation X (24
C.F.R. Part 35000), as they might be amended from time to time, or any additional or successor legislation or
regulation that governs the same subject matter. As used in this security instrument, "RESP A" refers to all
, requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the loan does
not qualify as a "federally related mortgage loan" under RESPA. Lender shall estimate the amount of Funds due on
the basis of current data and reasonable estimates of expenditures of future Escrow Items or otherwise in accordance
with Applicable Law.
The Funds shall be held in an institution whose deposits are 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 RESP A. Lender shall not
charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow
Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge.
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Unless an agr~eì'ßent 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 RESP A.
If there is a surplus of Funds held in escrow, as defined under RESP A, Lender shall account to Borrower for the
excess funds in accordance with RESPA. If there isa shortage of Funds held in escrow, as defined under RESPA,
Lender shall notify Borrower as required by RESP A, and Borrower shall pay to Lender the amount necessary to
make up the shortage in accordance with RESP A, but in no more than 12 monthly payments. If there is a deficiency
of Funds held in escrow, as defined under RESP A, Lender shall notify Borrower as required by RESP A, and Borrower
shall pay to Lender 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 Lender.
4. Prior Mortgages and Deed of Trust; Charges; Liens. Borrower shall perform all of Borrower's obligations under
any mortgage, deed of trust or other security agreement with a lien which has priority over this Mortgage, including
Borrower's covenants to make payments when due. Borrower shall payor cause to be paid all taxes, assessments and
other charges, fines and impositions attributable to the Property which may attain a priority over this Mortgage, and
leasehold payments or ground rents, if any.
5. Hazard 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 such other hazards as Lender
may require and in such amounts and for such periods as Lender may require.
The insurance carrier providing the insurance shall be chosen by the Borrower subject to approval by Lender;
provided, that such approval shall not be unreasonably withheld. All insurance policies and renewals thereof shall be in
a form acceptable to Lender and shall include a standard mortgage clause in favor of and in a form acceptable to
Lender. Lender shall have the right to hold the policies and renewals thereof, subject to the terms of any mortgage,
deed of trust or other security agreement with a lien which has priority over this Mortgage.
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, iQsurance proceeds shall be applied to ~estoration or repair
of the Property damaged, if the restoration or repair is economically feasible and Lender's security is not lessened. If
the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds
shall be applied to the sums secured by this Security Instrument, whether or not then due, with any excess paid to
Borrower.
If the Property is aþandoned by Borrower, or if Borrower fails to respond to Lender within 30 days from the date
notice is mailed by Lehder to Borrower that the insurance carrier offers to settle a claim for insurance benefits, Lender
is authorized to collect and apply the insurance proceeds at Lender's option either to restoration or repair of the
Property or to the sums secured by this Mortgage.
Unless Lender and Borrower otherwise agree in, writing, any application of proceeds to principal shall not extend or
postpone the due date of the monthly payments referred to in paragraphs 1, 2 and 3 or change the amount of the
payments. If under paragraph 17 the Property is acquired by Lender, Borrower's right to any insurance policies and
proceeds resulting from damage to the Property. prior to the acquisition shall pass to Lender to the extent of the sums
secured by this Security Instrument immediately prior to the acquisition.
6. Preservation and Maintenance of Property; Leaseholds; Condominiums; Planned Unit Developments.
Borrower shall keep the Property in good repair and sha.ll,not commit waste or permit impairment or deterioration of
the Property and shall comply with the provisions of 'any lease if this Mortgage is on a leasehold. If this Mortgage is on a
unit in a condominium or a planned unit development, Borrower shall perform all of Borrower's obligations under the
declaration or covenants creating or governing the condominium or planned unit development, the by-laws and
regulations of the condominium or planned unit development, and constituent documents.
7. Protection of Lender's Security. If Borrower fails to perform the covenants and agreements contained in this
Mortgage, or if any action or proceeding is commenced which materially affects Lender's interest in the Property, then
Lender, at Lender's option, upon notice to Borrower, may make such appearances, disburse such sums, including
reasonable attorneys' fees, and take such action as is necessary to protect Lender's interest. If Lender requires mortgage
insurance as a condition of making the loan secured by this 'Mortgage, Borrower shall pay the premiums required to
maintain such insurance in effect until such time as thè requirement for such insurance terminates in accordance with
Borrower's and Lender's written agreement or applicablè law.
Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon at the applicable Contract Rate,
shall become additional indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other
terms of payment, such amounts shall be payable upon notice from Lender to Borrower requesting payment thereof.
Nothing contained in this paragraph 7 shall require Lender to incur any expense or take any action hereunder.
8. Inspection. Lender may take or cause to be made reasonable entries upon and inspections of the Property,
provided that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefore
related to Lender's interest in the Property.
9. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any
condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby
assigned and shall be paid to Lender, subject to, the terms of any mortgage, deed of trust or other security agreement
with a lien which has priority over this Mortgage. , .
10. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or
modification of amortization of' the sums secured by this Mortgage granted by Lender to any successor in interest of
Borrower shall not operate to release, in any manner, the liability of the original Borrower and Borrower's successors in
interest. Lender shall not be required to commence proceedings against such successor or refuse to extend time for
payment or otherwise modify amortization of the sums secured by this Mortgage by reason of any demand made by the
original Borrower and Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy
hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or
remedy.
II. Successors and Assigns Bound; Ioint and Several Liability; Co-signers. The covenants and agreements
herein contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and
Borrower, subject to the provisions of paragraph 16 hereof. All covenants and agreements of Borrower shall be joint
and several. Any Borrower who co-signs this Mortgage, but does not execute the Note, (a) is co-signing this Mortgage
only to mortgage, grant and convey that Borrower's interest in the Property to Lender under the terms of this
Mortgage, (b) is not personally liable on the Note or under this Mortgage, and (c) agrees that Lender and any other
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Borrower hereunder may agree to extend, modify, forbear, or make any other accommodations with regard to the
terms of this Mortgage or the Note without that Borrower's consent and without releasing that Borrower or modifying
this Mortgage as to that Borrower's interest in the Property.
12. Notice. Except for any notice required under applicable law, to be given in another manner, (a) any notice to
Borrower provided for in this Mortgage shall be given by delivering it or by mailing such notice by certified mail
addressed to Borrower at the Property Address or at such other address as Borrower may designate by notice to Lender
as provided herein, and (b) any notice to Lender shall be given by certified mail to Lender's address stated herein or to
such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this
Mortgage shall be deemed to have been given to Borrowèr or Under when given in the manner designated herein.
13. Governing Law; Severability. The applicable law contained in the Note shall contra\. Where no applicable law
is contained therein, the state and local laws applicable to this Mortgage shall be the laws of the jurisdiction in which
the Property is located. The foregoing sentence shall not timit the' applicability of Federal law to this Mortgage. In the
event that any provision or clause of this Mortgage or the Note conflicts with applicable law, such conflict shall not
affect other provisions of this Mortgage or the Note which can be given effect without the conflicting provision, and to
this end the provisions of this Mortgage and the Note are declared to be severable. As used herein, "costs", "expenses"
and "attorneys' fees" include all sums to the extent not prohibited by applicable law or limited herein.
14. Borrower's Copy. Borrower shall be furnished a conformed copy of the Note and of this Mortgage at the time
of execution or after recordation hereof.
15. Rehabilitation Loan Agreement. Borrower shall fulfill all of Borrower's obligations under any home
rehabilitation, improvement, repair, or other loan agreement which Borrower enters into with Lender. Lender, at
Lender's option, may require Borrower to execute and deliver tb Lender, in a form acceptable to Lender, an assignment
of any rights, claims or defenses which Borrower lTÌay have against parties who supply labor, materials or services in
connection with improvements made to the Property.
16. Transfer of the Property. If Borrower sells or transfers all or any part of the Property or an interest therein,
excluding (a) the creation of a lien or encumbrance subordinate to this Mortgage, (b) a transfer by devise, descent, or by
operation of law upon the death of a joint tenant, or (c) the grant of any leasehold interest of three years or less not
containing an option to purchase, Borrower shall cause to be submitted information required by Lender to evaluate the
transferee as if a new loan were being made to the transferee. Borrower will continue to be obligated under the Note
and this Mortgage unless Lender releases Borrower in writing.
If Lender does not agree to such sale or transfer, Lender may declare all of the sums secured by this Mortgage to be
immediately due and payable. If Lender exercises such option to accelerate, Lender shall mail Borrower notice of
acceleration in accordance with paragraph 12 hereof. Such notice shall provide a period of not less than 30 days from
the date the notice is mailed or delivered within which Borrower may pay the sums declared due. If Borrower fails to
pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower,
invoke any remedies permitted by paragraph 17 hereof.
NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
17. Acceleration; Remedies. Except as provided in paragraph 16 hereof, or as otherwise required by law,
upon Borrower's breach of any covenant or agreement of Borrower in this Mortgage, including the
covenants to pay when due any sums secured by this Mortgage, Lender prior to acceleration shall give
notice to Borrower as provided in paragraph 12 hereof specifying: (l) the breach; (2) the action required to
cure such breach; (3) a date, not less than 10 days from the date the notice is mailed to Borrower, by which
such breach must be cured; and (4) that failure to cure such breach on or before the date specified in the
notice may result in acceleration of the sums secured by this Mortgage. The notice shall further inform
Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the
nonexistence of a default or any other defense of Borrower to acceleration and sale. If the breach is not
cured on or before the date specified in the notice, Lender at Lender's option may declare all of the sums
secured by this Mortgage to be immediately due and payable without further demand and may invoke the
power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all
reasonable costs and expenses incurred in pursuing the remedies provided in this paragraph 17, including,
but not limited to, reasonable costs and expenses incurred in pursuing the remedies provided in this
paragraph 17, including, but not limited to, reasonable attorneys' fees.
If Lender invokes the power of sale, Lender shall give notice of intent to foreclose to Borrower and to
the person in possession of the Property, if different, in accordance with applicable law. Lender shall mail a
copy of a notice of the sale to Borrower in the manner provided in paragraph 12 hereof. Lender shall
publish the notice of sale and the Property shall be sold in the manner prescribed by applicable law. Lender
or Lender's desicnee may purchase the Property at any sale. The proceeds of the sale shall be applied in the
following order: (a) to all reasonable costs and expenses of the sale, including, but not limited to,
reasonable attorneys' fees and costs of title evidence; (b) to all sums secured by this Mortgage; and (c) the
excess, if any, to the person or persons legally entitled thereto.
18. Borrower's Right to Reinstate. Notwithstanding Lender',s åcceleration of the sums secured by this Mortgage
due to Borrower's breach, Borrower shall have the right to have any proceedings begun by Lender to enforce this
Mortgage discontinued at any time prior to the earlier to occur of (i) the fifth day before sale of the Property pursuant
to the power of sale contained in this Mortgage or (ii) entry of a judgment enforcing this Mortgage if: (a) Borrower
pays Lender all sums which would be then due under this Mortgage and the Note had no acceleration occurred; (b)
Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c)
Borrower pays all reasonable expenses incurred by Lender in enforcing the covenants and agreements of Borrower
contained in this Mortgage, and in enforcing Lender's remedies as provided in paragraph 17 hereof, including, but not
limited to, reasonable attorneys' fees; and (d) Borrower takes such action as Lender may reasonably require to assure
that the lien of this Mortgage, Lender's interest in the Property and Borrower's obligation to pay the sums secured by
this Mortgage shall continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations
secured hereby shall remain in full force and effect as if no acceleration had occurred.
19. Assignment of Rents; Appointment of Receiver; Lender in Possesion. As additional security hereunder,
Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under
paragraph 17 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due
and payable.
Upon acceleration under paragraph 17 hereof or abandonment of the Property, and at any time prior to the
expiration of any period of redemption following judicial sale, Lender, in person, by agent or by judicially appointed
receiver, shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the
Property including those past due. All rents collected by Lender or the receiver shall be applied first to payment of the
costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on
receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Mortgage. Lender and the receiver
shall be liable to account only for those rents actually received.
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00021.3
REQUEST FOR NOTICE OF DEFAULT
AND FORECLOSURE UNDER SUPERIOR
MORTGAGES OR DEED OF TRUST
Borrower and Lender request the holder of any Mortgage, Deed of Trust or other encumbrance with a lien which has
priority over this Mortgage to give Notice to Lender, at Lender's address set forth on page one of this Mortgage, of any
default under the superior encumbrance and of any sale or other foreclosure action.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered in the presence of:
ø
(SEAL)
-Borrower
(SEAL)
-Borrower
STATE OF WYOMING, SWEETWATER
County ss:
The foregoing instrument was acknowledged before me by CHET MARTIN & STACY MARTIN
this 26TH day of SEPTEMBER , 20 06
WITNESS my hand and official seal.
------------- .
EDWARD G SHINEBERG. ÑÕTÄRVPUB
My commision expo <£OUNTY OF Æ\ STA
~101 SWEElWATER Wi' WYOMING ED
~y COMMISSION EXPIRES
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G. . SHINEBERG
Notary Public
STATE OF WYOMING,
County ss:
The foregoing instrument was acknowledged before me by
this day of , 20
WITNESS my hand and official seal.
My commision expires:
Notary Public
(Space Below This Line Reserved For Lender 8I1d Recorder)
Return To:
Records Processing Services
577 Lamont Road
Elmhurst, IL 60126
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20. Release. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without
charge to Borrower. Borrower shall pay all costs of recordation, if any.
21. Waiver of Homestead. Borrower hereby waives all right of homestead exemption in the Property.
22. Arbitration Rider to Note. The Arbitration Rider attached to and made a part of the Note IS hereby
incorporated by reference and made a part of this Mortgage.
"This space in ten tionally left blank"
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EXHIBIT "A"
00021.5'
That part of the SW Y4 SW Y4 of Section 24, T 31N, R 119W, Lincoln County, Wyoming, being
part of that tract of record in the office of the Clerk of Lincoln County in Book 106 of Photostatic
Records on page 424, and all of that tract of record in said Office in Book 290 ofPhotosta.tic
Records on page 92, described as follows: .
Beginning at the Southeast point of said tract in Book 290, on the East line of said SW V. SW Y4,
North 00°-07"-03' East, 370.00 feet :&om the Southeast comer of said SW Y4 SW V., found as
described in the Comer Record filed in said Office; thence continuing North 00°-07'-03" East,
along said East line, 13.63 feet to a point on a curve of the South right-of-way line of Lancaster
Lane County Road No. 12-147; thence continuing North 00°-07'-03" East, 496.00 feet, along
said East line to a point; thence North 88°-18'-51" West, 83.51 feet to a point; thence South 050_
40' -06" West, 71.77 feet to a point; thence South 37°-28'-32" West, 149.93 feetto a point;
thence South 02°-38'-05" West, 111.61 feet to a point, thence South 21 °-09'-52" East, 102.42
feet to a point; thence South 36°-24'-48" East, 119.55 feet to a point, thence South 76°-40'-23"
East, 80.08 feet to the Point of beginning.
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