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HomeMy WebLinkAbout874442 \>IVrïL. ,1 I I DV J. L.1.ii:.I'.v I>< 1'., r CIA ' o,)V r -0 r r -0,),)\.11 .JUl U UJ. J.O'¿J. ,.. 11'1 1.;2 .(ft:I 8842785 8681839 WX'2M-38S1-1 87l¡l.42 RECEIVED LlNCOL~J COUNTY CLEHK o I JUL I 0 M~ 11 : 0 9 JEA'Nt\J"': 'U.I\ (""E·li ' I· ¡,.. I v /"'1 \J I ~ I\EMMEf1ER. WYOMING " .... MORTGAGE 1 (J£'\O ')t::4 BOO~":~~PR PAGE t..., ~ TIllS MOATGAGF. is mad~ Ihi~ 2ND. d;¡y of JULY DAJlRIN J:.AR.\ ANtI XIK8ERLIE J LARA, HUSBA)1p AND WIF2 ,2001 I b¡;lWlWlIllle Mortgagor, WBLLS FARGO HONE MoRTGAGE, INC, (herein ~BorrowC'r"), and lhe: MorIS'&1,cc. CAiätiuG under Ihe Jaws of TH8 STATE OF CALIFORNIA ·P.O. BOX 513', DES MOINeS, IA 503065137 , a c:olJ)oralion otR,ani1.ed and . who.$c ilddrcn ÍJ ..-·':7 ¿ (herein "tcl\ucr"), WHERKAS, Borrower is indcbled 10 Lender in eh~ principal sum of U,S, S u............7, HO. 00 . which indl!bte<1n\:ss is ,:'Vidented by borrowcr's note dated JULY 02, 2001 and t"wn5ions and rCltewals thercot (hert'in "No lIJ") , J)roviding {or monthly instaUmcnts of principal :and ¡nlt.orest, with \he balM~c of i )ù~bu:dncNS. if not SOunc=r pahl, due and payable on AUGUST 01, 200' TO SECUIŒ to Lender lbc repayment of tbe indebuxlness ~jdl.l1ced by the Nule, with int~rc~t thttcl)n; the payment of all other sums, with ¡ntereSI Ihereon, ad...anced in ö'lCcord:mcc hC1':with lo prol,..'c:t lhe &"uri\y of ll,is MonD.il4J~; and the pcrlbrmancc or llu.: covenants iUld tlgreemcnls of borl'ower hercin tontain~. Dorrower ùoes hereby morlgêl~e, grant tint! convey 10 Lender, witl1 powel' of .ale, lhe foJ/owing described propcny IOCillec1 ill lIle County ofL1:NCOLN Slale of Wyomin~: BEGINNING AY THE SOUTHWlST CORNER OF TH8 SOUTHBAST QUARTBR SOUTHEAST QUAR~K~ or SECTION 7, TOWNSHIP 34 NORTH, ~B 118 W¡ST or THE 6TH P.M., WYOMXNG, AND RUNNING ~ST 165 FSET; THENCB NORTH 528 FEET, THENCE WEST 15'5 FSET, THBNCE SOUTH 528 fEET TO THE POX~ OF BEGINNING ---.-/ fO~ RELEAs£ Qþ aS3~ 17 This Mørt ga.ge SEt 8DDl1.,6 í! Of IIORTUm PAlE :2:;69 10t\ ItELEAS£ of¡ /{~t;J)/~ This M orf ga ge ; SEE 800K.5/X'3 Of MnRT&AHS . "If q 6_ which hils tb~ :l.ddress of 777 1.0$'1." eREEX CTY IUJ 120 [Slfl:1:l WyumioC 8312'1 (herein "Property Addr~ss"): [7.11' Codl.') , THAYNE (Cily) rOGI!1'HER Wilh illl llu: improvemtnls now or hcrtafter crl.'Cled Ot! the properlY. and :.r1 eascn'cnlS, rights, IJ'PUl'ICI\:tnccs and rents, all of which sh:lll be deemed 10 be OADd relIJ.,in a pm or the properly co\'cred by Ihis Murlsa~e; illld :111 of Lllç foregoing, tf)g~lhcr wjlll said properlY (or the leí\lchuld cmœ if ~his Morlgage hI" all I 1r:lIsc'holcJ) arc h~mnaner n:r~.'rn:ú ll) ilS the: ~PropL"ly, " Dorrower cC)~enanls tbat 80Ir\)\\'l:f i, lawfully seiseù of the CSlate hereby c(w"~ycd ilnd has the ri¡:lu 10 mong4ge, gr.lI)/ nIlJ convL'Y Ibe l'rope.'tly, and !ha[ tIlC Prop¡;ny is unencumbetcd. except for èncumbranC'C~ of record, Borrower COVCII:lnts lh:1l 80fl'uwc:r warr...nts and will de("'r1d &cns:rally the titlc Lo rhe l'ropel~)' against é\U claIms anll demands, subjecl to I:nc:urnbranc:cs oC record. UNlf10~M COVENANTS, Borrow(.'T and l...endCT covenant anti ilgl'CC ;IS foJlows: J. PøymC.'l1t IJI Principal and IncUGSI. Dorrower sha111}run1pely pay when dUI! the princjl1:s1 and inleresl índcllu.odncss c\lideJ1c"d by l}u! NOLo and bte charges as provided in the Note, 1, Funds tor Ta:tIt:i Qud lnsuronœ, Subject to applioalllc law or öI Wrillcn w;livcr by Lemler, Donowcr shall pay lu lend!:r on the d3Y lllOnd\ly p;¡ymcms of principal al1d interest afl~ paYilblc under the NOle, unlillhe NOh: is paid in run, I. sum (hfrein "Pun{ ,") cClual 10 onc-lwclflh of lhe ytarly t~e$ I\nd asscssments (including condominium ilnd planned unit dt:'VrJupmcnl aU'-'1ismcms. if MY) which may :lltain priorily over !his Montage and ground rents on the J1rOptClY, if any, pius ono-lw&:!J'lh of y¡:ö¡rLy premium instathntnls for hV'.ard inwrn.nc", plus onc-twelfth of yearly premium in$l~lImC.'nls for rnort¡:agc ¡l1suranc..:. if any. ;\11 as reasonably ~stjm lcd lnililllly and from tÌ1nt lO (Ílnc by Lender On the basis of 1SseSSlncnts \nll bills .md n:asoMbJc c~tima((~$ rhercof, Dorrower shnU not be obligalcd to m.1);C such paymenls of Punds to lender 10 Ihc Ç¡d~1I1 Ihat Borrower InùCS such !>aymems to thl! holder of:l. prior mOrlgagc Ot' deed of UUSI if such holdtr is an lusli\Ulion~llcnucr, WYOMING. SECOND MORTCAGE· 1/80, FNNlA/F~LMC UNIFORM INSTRUMENT CD -7tIWYIIUUI,O' " " ,~. I P''O. 1 or 4 "Mp MOIITOAC\r 'on....s '11001511,7291 Form 3151 I"' 'nb'& 1) \-, ...111 t""!Io..- .~.. ..~..-o¡..- '?nf"'1, MMn ..,...,nn M,,,,.-r- n-. Ot"?4'-14:~ ') r.: r '- 0 ,J 1(" Borrower pays funds to lender, thu funds ,h1l11 b~ l1~ld in an it15tltuliou the: ( eposÌl~ or accounts of which I\fe insured or guaramct:d by ~ ftdCT.d or Slate i1£cnçy (including Lender ir Lcndl!f Js such an inslitution), L~nder ~haU apr'Y thc Fundt 10 pay said I axes , assessmenls, il\lucanee prcmiunu and ground rCllt" Lcndtr m.:.y tlOt chargc for so holding and ¡¡['pJylng Ihe Fund~"2Inal)l.in& laid necount or verifying and cumpiling said assessmenu and bills, unless tender Pó'lYs ROl"lowl:r in\t:n:sl on lobe funds :and apJ)licablc law pcrmit. lcnder to make .uen a .:h:Lfgc, BorroW\.'f and LendCf mi\)' as...:c in writing :¡l tbe lime of eXC'Culion of' Ihis Mortgage Ihat il\ten:st on 1h~ Funds shall bo paid to Botrow«.'I'; and unJI:1Iw such agn:clnL'IH Js rl1.i)de Or~, applleabl~ law requir~w sucll inl~rest Iu be pll.id, LC1Ider shall not be rtquired to pay Burro'N~ anr interest ur c:.'rnin~s 04 the Fun,",s, Ltndcr shaH give In Bom)wcr, without cbar,e. an é111n11t1] ACcouDling of tbc Fund, Sbowlng crtûhs ami lJeblts lu the Puuds iUld Ihe! PU1¡JOSf far wllich each debit to !he P\.ands wa.'I made, Tbe 1:\&n(\, arc plçdgl:d i\I atltJitiOlla\ S'-'C\lriLy for thu s\lmv secured by lItis Morl.agc, If tho amoun1 of \h~ fun\ls hdd by Lmdcr. logf.:ther wilh the fuMe monuIly in'talIm~ts of Funds pay.hlt: pdor to the due dales uC taxes, MSCnmcnls. insur¡otnce prroùums and Kround rentS, s1\..11 e~L'eCd \.he amouM ,'C'quin:d to pay \I.aid lucs. as&e~MneJUs. insurance premiums and &taund retns ill thcy faU due. .uch excess shall bc. at Borrower's option. either promptly repaid 10 burrower or crcdited 10 80rrowcr Olllnorubly installmenls or Funds, I( Ihe :a/11ount ot' the Funds held by 1.ender shall nOI be suffiticnllo PlY t:axes. :assessments. insurance premiums Md ground rmts as (hey (:\11 due, Rorrowl.... sbnU r:\Y 10 I~ndcr M)' amount necessary to ma){~up \he defiti~ncy In on~ or morc paYß1Cßu u Lender may require, UI>on paym"'I\t ill ful} of all S\IIDS $ecurcd by thie MOI'S:tge. Lender &ha11 promptly rerund 10 ßorrowcr any F\II\ds hl:ld by Lend,=r, If und~r paragraph t7 hereor tbe Property is sold or the Properly ir othcrwise acquirC'd by Le1Idcr..Lendcr ¡!lnll api}ly, no later Úlllq 11\1IDcüi.uely prior 10 the s:1lu of the Proporty or il4 acquisition by Lender, an)' Punds held by l.cndea' :n Ibe tilnll of applicalion as I crtdit against Ll1e sum, stturt·( by Ihis Morlgasc, J. ApJ.licoli()Q of Paymenls, Unl~ ilppJicablc law pro'l/idl!s othcrwise, :all p:a)'nu.>nts receivc:d by LemJer ul1L1~r the Note and par.a,raphs t al\d 2 hereof shall b~ applied by lendcr first in payment of amoun!s payable 10 Lender by Borrower under pa"'8r~ph 2 ht.Tc:of, then to inlercst ".yablc 011 the Note. and Ihen Lo Ihe principal of the Note, 4. l"rior M'ort~aglll :.and Deeds or "rn15tj CharI"; Litn$, Borruwer shall perrorm aU of Dorruwc:r's obliSRtions under any n1Ortgage, dtlc::d of IruSI or other S('curity agreement wi\U.a lien which lIa~ prloli~y over this Morlgage, including ßOl'rowc:r'¡ CUycnanl8 to m¡¡lce payments when du\:o Dorrower *hllJI piI)' ur C¡\I$C to be raid alll<utes, JneSSIht.'JIIS Md utber e:h;¡rsc:s. fin" and imposiûuns aUriburab1c to the Propc:rty which may alt,in a priorilY ovn this MO!1gilge, InÙ 1~lIsehold payrnents or ground renlS, it :tny. . 5, Hatlrd III!luruncc. Borrower shall k"oep lhl! improvements now cxiSli!lg \.Ir hetcallc:r cl\:I.1ed on the Pro(1l:rry in,un:d again5t Inss by fire. huard, includfd wilhin the term "eJltendC<1 coverage," aud s\Jch other ha1..ards i\S u:nder In:¡y fcquirl.: and in lucl1 :nnU\lnts and for such periods a~ Lender may require, 1l\e insul'allce carrier provj(}ing the in"lran~1Z shall br: cllOSI)ß by Borrower s~bjct:1 10 approval by Lender: provided. tbat s\lcl1ltpprovat \lb~! not be unreasonably wiLh1u~ld, All insurance policies and reoow:a1s thereof shall be in " lorm accL'pt.1blc 10 Lcnùer and shaH iD~lude a #Iandard mongage clause in fa\lor of lad in _ rOml acceptable to Lendt:r, Lend~'r shall haY~ the ri¡;.ht 10 hold Ù14: policics and r\.'Ucwal¥ thc:rear. subjecl to till' terms or any mo~~c, dfed of tnlsl OT other $Cf.:UriIY I\gn:emCnl with ~ ¡¡ell whit.:h bas priorlly over thi, Mortgage, In the C~t:nt of lou, Borrower 5haU tivc PlOlnpt notice 10 dIe insul7JlCc (inrier ¡nd Lcndr:r. Lendcr may makc ('roof of loss it not mlldc promplly by BurrowCT, If Uu: Prol)Crty is ab:mdoAlro by Borrower. or it Borrower fails to rc:SpOIl~ to Len~r;r wi\hin 30 days ftorn the \I:II\! nOlic~ is majled by ~der to B011'OWl'1' that lÀé Insur:lllce carrier 0(1-':" to 1J~ldea ctaim tor insurance benefits. l.J:'I1der jJ óI\llhori:œd to colh:et &I\d apply \he insur:anoc þlocctds al Lendl.'t'I opti~ln either to rcstuntion or rep:air of \he Propc1ly 01' lO ¡be SUIJIS sccured by this MorIS.g\:, . G. l~~t:rVRtion and Mainh:nnDce of Property¡ J.casch()lds; Condominiurm: Planned Unit JJc:velopnU:llts. Bouowc:r sh:lll kL'cl> the I'ropelty in gootl repair and shall not commit \vUlC ur permit imp,innent or detcriortltiOI1 of Ihe Pl'o 1l:'rty and ~h.U cOll1ply with the: plovisions of any lease if this MOltsage is OJ) ¡¡ Jeasc:hold, 1f this MtHt£agc: b on a unit in II concJonlinium or a plannçd unit dC~c1opthénl. Borrower $haIJ perform III of Borrower's obHg3Lions under the dcclal'ation 01 COYCI\lnIS çrcaling or govf:Tuing (bc ccndominiuln or planncd utliL dCVeJOpmcllt, ~Ie by-l;¡ws and reBullitions or Ihe condominium or phu\IICù unit dl:'velopmcnt. and con!lLituel\t dDculnt.'JIt!, 7. rrotec:rlon or Ltnder'~ Security. If Borrowl.'r fails 10 p~rrunn the CO'l/cnants and agn:urncllI' c:oßIQll1ed in Ihl. Mnrl~agc, or l13ny aaion or proceeding is COITIIntAlccd wh.ieh matcri.dly afreers Lcndn's il1fUC'SL in Ihc Propcrly, Ihc:n Lender, a~ Lender's o¡)liun. upun notÎCt: to Burrower, may make sueh appcarMCo.'I, dhburs~ SUCI1I1WDS, im:Ju~ìng n:a.~olU\ble attorneys' (~'\:s. and t~c such aclion at is necessary LO protect Lender's interest. If Lendt.T ~q\lil"Cd morlGI¡c jnsurance as i1 L-onditlon of maJdn¡¡ me: loan !;t.'tllred by Ihis Mon,agc, Dorrower shaJl P4Y the pn.'n1iums ~quir~d to In~inlain such insurancc in effect until such dIU.: ilS \hc n:C¡\1ircrnellt for such infurance lermin3.tc~1 In aceordMct.: with Burrower'. and Lendcr', wrillcn agreement or ;"pplicahle li\w. Any IJnounts c1isbursC'd by r.cndt'r pllrsuant 10 Lhis para¡raph '. with inrc.'tclfl IhCfcon, al lbe Note: ratt, sball become addilional indebtcdness o( Borrower secured by this Mong~ge,Unlcss Borrower and lender IgNe 10 olher \trn15 or payment, such alOO\lnu shall be payable: upon notice: front I..endcr to Borrower requesLing paymcm 1horeof, Nothing cont:lÍned in tlús paa'aSf3ph 7 shall l\.'quire under 10 incur ¡u¡y ~ponse or lake .ny action Ju:n:undcr. 8, Jn~pect¡on, Lender Inay lna)ce or cause tn be !Jaw reasunablc entries upon and inspections of tbe PtOJ'(''1'IY, pruvidoo that lender shall giv., Borrower noUce prior LO MY such inspection specifying n:;a¡onabh: cause tht'l'Cfor relnted 10 Lcmdc.:r's inrcfÇ.1 iUlhc Plopeny, ,. Condtmnatioq, 11\u pJ'oceuds or any award or cltim for d:unagcs, ditt'CI or eon$equ~(iaJ, i'll connection with ""y cundemnalloll ur othet' taking of !he Property. or pari thereof. or for conveyancc in lieu or condetMaliun, arc hcn::by ;\lsign\:d ,nd shall be pÐid to Lender, subjrcl to the terms or &11)' montage, deed of fruit or Other security agreement wilh " lien which has J1riorily o~cr this MOrtcage, 10, »orrowtt Not Rcltastd¡ YUfbcar~"c. By Lender Nflt " W.iytT, EXltnsioll of 1111: time ror paymont or ",odification of amortizntinn of the sums stClIrt:ù by Il1is Mortga:c çnu1Lc:d by tcnder LO any SUCC:CSðor in inrnest of Dnrrow~r shidl not opnitle to release. in any manner, the liabililY of the original Borrower and Dorrower's SUccessors in intrrc¥t, lender shalt not be rtquin:d LO COlIuncnee rroCCcùin8S against such successor or Tufuse to extcnd time for p:lyn'IClU or otherwise modify i1molli'.óllloQ of tho sums ~,u'Cd by lI1is Mortgage by reason of any demand made by the original Borrower and Borrowl:f's JUa:nsors In illtc:rest. ^ny forbear:mce by LenQcr in l1~crc:bing any rigllr or rmJCdy hc:reundL!J'. or olherwise af{urdt:d by :ippliC3ble law, dlalI not be.. walv4tf of or preclude the exercise of any such ri¡hl Or remedy, O-7IfWYIIItUI,O, . :';': .', P.O' l ., , Fo,,,, 3151 IIIII..I o: if <-.J) L.. JUL 0 l5:29 307 877 330Ø £,04 \)IVIIl...J. I r .uvJ.~.I.I~"v VC 1'-. I UA ·vVI VI I vv....J...,J ~L4¿ V VJ. LV·¿'L I !. h.) )I>."j 11. /~.I 'I "> V d I "-i'~t'''-:t'''''' II, Sutc:.!ssors Dod A~å~ns Douud; Joint alld SCYersl J.iabiliCl: Co-sJ At'rs, The COVenA.llts and agr'C\:mcnt$ hCl\'in com¡in~'d shan bInd. Dl1d thø rights hereunder shan inure to, Ihlt respective SUc(;~sor.5 and a ö$igl1$ 01' Lender (Iud BOrl'owl'r, su\Jjl."Ct 10 1111: provb¡loJ\J 01 PUI.gfõlpb 16 hrcof. All COvenants and agreements of øunoWtf ~\al1 be joinl and 5e\l"......I, Any Borrower who co·si~\S this MOrL¡;age, but doell not eXL'Cute the NOle, (a) it co-signing this MonsaS\: ol1ly to mUTI£age, grant anI.! convcy r1\al Rorrow"r', In''¡rest in the Property to Lend",. \mder Ihe t''Tms or Ihis ~()rlg¡s~, (b) is nol pcl'sonally liabl~ on Ihe NOle or Wlder this Morlg:agt, and (c) u¡:rees that Lender anti any olher Borrower herc\.Inc1ur Inl)' :lgree \0 UICßlJ. U1o\llfy,~' forbcùl', or 111.,xC any o\J1cr accnmmodalions with regani to the terms of Ihis Morlga¡;e ar the NOle wilhom lhal Dorruwer.s consenl and wiLhuul relc:asing Ihat Borrower Or modifying thl¡ Morlgase 8$ 10 thar BorcowLT's ¡meNst in the Property, J:z. NoUte, fJlccpt for any I¡o\ice: requircd unLler applicable l:.w to be given in at\OO1(:r mannf:r, (a) any lIorh;e \0 Borrower pl'O\lidc:d l'or in this Mongas!: shall be givC:n by delivering it Or by nailing such n~ticc by eerúfied mai~ addh;n~d \0 norrowl.'r Dt LIle PrapLTty AcJcJreu nr at such orber Addtes. IJ$ Dorrower may design.ue by nouce 10 Lender as provided htlfelß. ~nd (b) any notice 10 Len\Jcr shall be SiVL'1\ by ct:rtified nl0i1IO Lender·s address staled herein (It to such olh.:r .dl.l~ a$ l..c.:ndtr mi\Y de.sign;ue by nolice \0 Borrower as providell herein, I\ny nOllcc pt'OvidC'd for ill this MOrlll,,&e stull bc tlo~~ IU have been såvl,ln to Horrower or Lendc:r when siven in the manner desi;na\cc.l hl!rein, 1.3, Govllrninc J.aw; ~efDbility, The ,ni\e õII1d local laws applicable to this Mons:agc shall be Ihc J¡IWS of che jurisdiclion ht which the Prup~ny is located, The foregoIng senlence ~hall nOI limit 'hc applicabHily of federal Jaw to Ihis Mortgage, In \he C:VCI\I lhilt ally provi¡¡iun or clausc of Ulis Mortgage or the Note contlicts with applicabk I¡¡w, such ronllict shall nut arrC'cI olher provisions of this Morlg~~e or Ihe NOle which (:In be given crr\:c:t without \he conflicting provision, and to Ibi! end Iho 'Provisions or lhis MCJrlaagc iIIld tbe Note arc deçl:ircd to bu severable, As used hl!Nin, "costS," ·cxpcnsL:s" il.11¡] "aHorneys· (¡:es· inclUde ¡II sums 10 the extent nnl prohibiled by ¡¡pplieable law 'or lirnil"~ h~lein. ' 14. BorrowC'l"s Copy. Borrow~r shall bè fl1rni~hed a conformL'(\ copy of the NOI~ ~d of this Morlg.3ßc :\l Ih~ ,iulu of ~xeC\uion Or.rlef reconlation bereof, 15, )(ehubi1itatlon LOdn Aveancnt, Borrower ¡hall rujfl ) :111 of Bl)rrowcr's obligarions under Iny bo¡n~ rch:lbiJi\;¡liol1, in,provelncnt, fc:['air, or other loan aAr~l.ment which Borrower enters inlo whh u:ndcr, l...ender, al Lc-nc1L.T'S option, 11I:lY Rc¡uin: Borrower 10 C)l.C=CUIC and deliver to Lender, in a Corm acceptable 10 Lender. an BSsilnmcnl of any rights, claims or defense, which Borrower may hnc a~ain~1 partics who .supply labor. Inned.Is Ot serviccd in conm..ocrlon with improvcJnehts madl: to IIIC Propcr~y , 16, ·I"r&ll\.~rtr or the rropc'C'ly or a Ht!Qtriciallnteng in UOrrowtf. If iÙl or ilny pll11 of the Property Or :my il1lCre.t in it i¡ 60ld or transferred (or if I beneficial imerest in Bnrrowc-r is sold or transtc~d :\nd Rorrower is nOI :¡ nluural per.lrm) withQut Lcn(]cr's prior WriUL'n consent, Lc..'1Ider may. i\1 its option, require immcdialc payme¡)t in full of all ¡urns SCCUM by Ihis MonGa.Sc, HOWCVl:f, this "ption shallll0t be C (crc.:bed by LendL" if cxCTcise is prohibited by federal bw DS of th&: dale of tbis Morlgage, If Lender eJl.er~illl:s this option, Lender !lhall gill!:! Borrower 110licc of 1Cc~leralion, The noHef shall providl: it pcri(ld of not Ie-ss than 30 days (roan \hI: date Ih¡; notice is dcHvered or mailed within which BorrowC1' n\U$t ray all sums m;un:d by IbIs MOlt&agc, If Borrower lails 10 PilY thc.sc sums prior to ÚII: cxpif1irion or Ihia period, Lender may invoke any r'C1Jlt:dic$ln;rmiucd by Ihis Mort8:"~ whhoul further 1l0lÌl:e or demand on Borrower. NON-UNIFORM COVENAN¡rs, Borrower and Lcndt.T furUILT covenant and agree as tollows: 11, A(c:~1nution¡ Rel1\cdies, Except liS provided in paral;ruph J6 bcrtof, ,'pon Horrower's bl'Y~cb ar uny ctl"'nonl or agl'temC:l1t or Borro'l'tr ill (his MOrtJ:8gt, including the tOvCI1ants to p:iy when due 8Þ,y sum'\' a>ealfC!d by chis MOl"lgalJ:c, LcndtT prior co acceJcrA(iOI1 shalt giVQ nu(itc to Borrower as pruyided 'JI par:i,;raph 1 Z Mu'Of specifyinG: (1) fhe tlrc.'t\ch¡ (2) tho action I"t(luind to cure: 5uch breach; (3) Q date, not JcS5 than 1 () dRY' rrom th date tile .unlc.'c Is nwiltd tu Borrower, by whith $U~h breach rhU$C be cured; and (4) .hat failuft 10 cllre SUCh breath on or tlerore the date .,pecllied In the notice mllY rC$ult in a«clentioll or (he S\11nS 5C(ured by Ihis Mortgag('. The nolic:u shaJl further- inform ßorrower or the l'ighL h, rcinstlltc: aCter Atee.leratiOh qd the riSlu 10 brint: " Court acliOf1 to aøt!rt the hUI1~~h:n((' or II dC'làult or IIny olher d~rcns~ or Borro'*'4!J' to IIc~clcrDtion and salc, If the bftleh is not curc.-d on or bdore tho dute splI:ificd In the .roUcc, rA~nder, at )Å.>ndtt'~ option, may dC('~re a1l or tlte sums Sc:c:ured by Ihis MOft !aee 10 b. irJuncdicue:Jy due.' and JJD)'alrlC! wHllum l\artftcr dtmltnd and may invo~c tbe puwu or SlIlo and any other rc:mec1¡~ p~rmiUed by .PPUC4Ibie hlw. Lender shall be tntitltd Lo coUect aU rea.onablc: eosiN nnd expcoses in(urrt!d in þUl".uine Ihe remedic. provided in Ihls pøt4t:raJ)h J"1, Inc:ludilll, but not limited to, reù50nable attorneys' ret.'$, Ir L('(1d\!r invol(u tb. powcr of J81e, tender shall g;ve notlce 01' intent (e) foretloselo HOlTO"'..... nnd 10 the person in poßession ot tbe Pro~rll, it dirEcl"rnl, in accordance with appHcalllc la~. Lender shallrnaU a cup>, or" notitt or the salt! 10 Borrowrr III thc ml&l1uer providtd in parngraph 12 ha-col, l,cnder :shaU publish the notice or sDIe: Ind the )I.'opcrty shall b~ sold itl the mannt(' pn:sc:ribed by oPPUcllblc law, LelldCl' or I"ender's d~iW'ec may purehasc the Pm'M!rt)' At uny Jalt. The prCK'ttd$ of the sale shall be nppljed in the toUowinc order: (a) to .11 rcnsoßablc costs and ~~~nsc. or th~ sale, jndudin~, but not limited 10, reasonable attnrnc:ys' fteS tnd toslS ot title C'Vjdenc:e~ (b) to 1111 sums secured by this Morigul:c¡ And (e) the C?(Cr.~1 if at\)", 10 the þer~on or pC,r¡on., legall1 enlitled thereto, 18, Uon'ower·s Ri~bt [0 Rein_hate, NOlwiths\anding Lender's acceleration of die- rUinS IL."CUAUJ by Ihls Morl8nl:~ due to Bortcwtr's brcllch, Borrower shall have the ¡'ighE to have any proceedings begun by tender (0 entorc~ t!\is Murtga,t ùittonlinucd at any Linu: prior 10 the ea¡'1ícr to oet:ur of (i) Ihc jfLb day before sale or (he ProperlY pursuant to lhl.! powcr of sal&: cOlnainl:d ii' Ihi. Mongag",' or (ii) enlfY of a judg'"C1II enforcing \his Mort¡~e 1(: (a) BorrowLT pays tender all Sluns whll:b would be \h\.'1'I due under \h\s Mortgage and thu Note h¡d no accelcr"'dtion occurreù; (b) Bon'ower curcs all bre:ilchesor clny oLhc:L' COVenauts Qr ~s;rt\.'01ems ot Borrower tontainl.'(l in Ibis Mortgagc: (c) Borrower pays aU reasonable cxpensL'S IncuTf\:d by Lc:ndl:r 'in epfotcins the CO'tCJ\:IlUS and '8rl:eraents of Borrower contail1ed in tbis Mortgage, BIId in enforcing Leu.c1\:I'. rellledies as proYI~\:d in þilragr~ph 17 hereof, including, bur not limiled 10, reasonable Qllorncy¡' fcc!I; and (d) Dorrower lakes suc\} L1Clion as lC1'ldcr .nay ft"3$onably require to IIssure &hill Ib" lien of this Mongage, J ,ender', InrcrCtt in Ibe Property and Borruwer', obligation UI pay 1I1c sum, s~rL"d by Ihis Morlga8t th"U conllnue unimpaired, Upon such paymcnt aQd CUf~ by lIorl'Owcr, tbis Morlgage and, Ihl) obligation! S4.'tUrc:d ber&:by shan r~main in full torec;and eO'ctt as if no acceleration bad occurrct.l. ]9. AßignmCht or )(L'U.ts; Appointmcnt of RecrivC't'; l..endtr ht POJJSC'$slon, As additlonal sccLlrily hCTcumJcr, Borrower her~by M5Jgns to J..ender the runts of the ProPerlY. provided thaI Borrower shall, prior tu acceleration under paragraph' J 7 hen.-of or abandol1mem af the Properly, bA"" tbe righl to collcCI :and rC1ain such rents :15 thoy become: due an,¡ payable, ') c:: '6' '""~ O·75fWV} ."'21,01 . p~~ 3 01 ... Form 3151 t. I,,;UIII: ,k!1. ./ 1:> 'I, "t JUL 06 '01 15:28 307 877 3300 PAGE,03 Upon lC'ceLer:.tion und~c paragr4'ph 17 hereof or aballdoJ\lm:nt of Ihe Prop.my, and at "IY lime prior tu tbe expiratiol\ of BJ\) ))Criod of redemption roUowing judicial lIale, Lender, ill penon,' by agem or by judiciall)' ;¡PPOiI\LCd rcceiver, sh~llJc emillcd to cnlcr upon, take posSCSSiOD of and manage the Property ;and LO collecl the renl$ of the Propc:1t)' including tho'l: past due, An renLS coUc<''l1X! by u''I1der or the receivct $haJ! bc appli&.~ first Lo paynu:nt of the cam of man~&elncnt of lbe rropeny iUld ~oUeajon of rents, including, but notlimilccl to, n:c:ei"c:~'s (ecs, premiums 01\ n:ceivet'¡ bonds i1nd reôuonablc aUorn~ys' Cees, a.nd UlCll \0 the sunu secured by Oiis Morl;agc, Lemler and \he! receiver shaJJ be liable to account only Cor tbO!lt.! ifni" II.Clually n:ceived. '" -..: 20. Jleleu5e, Upon payrnem or 1\11 sums sccured bylhis Mongagc, lAndcr shall release tbis MonA~gc without th3f¡lc lo burrower. Borl'o"'cr 51al1 pay alll:oSlS otrecordation, it any, 1J. Waivlrr or lIomcsttld, Borrower h~n:by waives aU fiallt uf bom~'¡eac1 cKemplion in Ihe Prop\''r'Y, C:::\J{ REQUJJ;ST }'OR NOTICE OF DEt'AULT ANI) FORECLOSURE UNDER SUPEklOR MORTGAGRS OR DEEDS OF 1'RU5T Bottowl:r amI l.endcr reQuCJl the h( ld~r or CUt)' n1Ol'tStlc. deed of IruSI or olhcT mt.11mbral1ce wilh a lien wJ,i\:h has priorUy Over this Monga~c to tivt: NotiL'C to Lender, at Lender', address sel ¡òrth on page One or thi!'¡ Mortg:agc, 0t'1II1)' deCault under diD lup~dor cm:urnbnncf; ~ of any sa1~ or olh<:r forcclol\lrc action. IN WITNIiSS WHEREOF. Borrower ha$ (:xecu\cù Ihis Mortgage, V{RA.J\n", ~J\4 DU~LUA (J ~ þA ¡~ 9 'o>ðA~ X DL E J LARA "__ (Seal) ,YnrroWl:1 ~ _ (Seal) .lIn'N.", - (Seal) -lJllrlu-":r -...-- (Seal) -HIIJro Intr (Si8'1 Ori¡;;IIal Qnly) ~'TA1'1C OF WYOMING. COlAnty sS: TIle: foregoång inclru.menl ""II IIcknowledgw before me Lhis Jt1LY 01, 2001 by DARReN LARA AHD ~IMB2RLII J LARA, HUSBAND AND WI~. My C."~;h~7~~ (j,~ .------ - ISpate HelD_ Thl1 UIIC R.cltrvl."lJ For Lc"d~r ~lkJ RL'Corlll!rJ _ -....-..,. CIII\.7.rWYIIt,12',OI , ~~... 1f6 , , Fo,," 3851 JUL 121 .5:29 31217 877 33øØ iE,ø5