HomeMy WebLinkAbout925937
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RECEIVED 1/9/2007 at 4:15 PM
RECEIVING # 925937
BOOK: 645 PAGE: 794
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
00079·4:
Stata of Wyoming
8'1':1 AbDVI Thi. Unl For Rloordlng D.ta
REAL ESTATE MORTGAGE
(With FUNrl Advan~ Cllulal
1. DATE AND PARnES. Th. dati of "'Ia Mortllage Is DI.04.21X17
arl as followa:
and thl pen.., .nd 'h." .ddre..el
MORTGAGOR: WATNE E. GUNDEII$DN, A ÚARRIED MAN, AS HIS SOLE AIID
SEPARATE PROPERTY
4'43 W, 211X1 S.
OGDEN. UT M4D I
o RI'lr to the Addendum whf.:h I, altached and Incorporllld hl,..ln "or addition II Mong.goll.
LENOER:
THE B,\1Ir; OF STAR VALlEY
DRGANIZED AND EXlinNG UNDER TH~ LAWS DF TilE STATE Of WYOU'N&
;184 WASHI lGTON STREET
PO BOUD07 AFTON, WY UI10
2. MORTGAGE, For good Ind valulÞrl .:onlld..atlon, thl recllpt and luffl.:llnoV of which II ICknowl.d"ld, Ind to IIcura
the S.cured Oeb, Ihere'''tr defln.dl. Mortlllllor "ranu. btrgllna, conve~a, mort".".a end werr.ntl to lender, with ,hi
pow.r 01 ..Ie. thl fonowlng da.ctlbed ProPlrty: SU EXHIBIT A.2 ATTATCHED IIERErO AND MADE A PART IIEREDF
'20
Th. property II 10':lled In LINCOLN
ICountyl
It US HWY 3D CONNECTER
/'
J
. KEMMERER . Wyoming 83101
IAdd...., ICIIYI ~ (ZIp COd'J
Togeth., with ell righ... "Iemlnu, appu,ten.nCts. royahlll, min.rel rlghtll. 011 and UI' rights. crop., timber, .11
divetliOl1 pavm.".. or thitel party paymen1. mad. to crop producars, _lid all Ixll1lng ."d future Improv'm,nla,·
I1ructurll. ßX1Vres. and replacem.nU thlt may now, or at any tim, In the future, Þa part ollhe ral' a..ate dlloribld
abova ¡an r.fened to I. ·Property",. The term Property .110 In.:lude., but is not IImlt.d to. any Ind all wltsr w.II.,
waler, ditch... re..rvoltl. t..arvoir .Ite. end dim. 10Clled on the r..1 estate IInd an rlperlan ."d water rlghll ,..ooleted
with the Propartv, however I"ablls",d,
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WYOMING· AGRICIATVA4LICOMMlIICI4U"L 'STATlIICUII/TY INITllUMIIn' IIITFH _'III~r.r.!'~~IIØ"T ICIIICI-.-lUllrotlll
~ O "3.:ICIIII""~".IY"''''.'-,'''I:Iou'.~N ,....^GCO./ll!$l-WV IIIIJ/ID03 ~ _ _
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o 2593~;
0007 5
3, MAXIMUM OBLIGATION LIMIT, The total principII Imount of the Sl~ur.d Debt Ih.r..hlr deflnedl ..Guild by Ihl.
Mortg891 It Iny oh. time .hall nllt .xceed . 55.813.20 . Thi. Ilmlt.tlon of amllVnt do.. nOI
Includ. Inter..t. lOIn chlrg... cllmmltment f.... b,okerave commi..lone. InornlY.· fles and othlr charg.. vl6dly midI
pU!'IUlnt tIIthl. Mortgagl and do.. not IIpply to Idvlnol. lor In,.....t e.,crUld on luch advanc..' midI und.. th. term.
01 thll Mortgaga tv protact Lendlr'. ncullty and to parform any of thl CIlVlnant. contalnld In till. Mo,tglge. Future
advlnclI .'11 contempllted Ind. lIong with other futura obllgetlonl, Irt ItOurld bV Ihlll Mongagl .vln though III 0' part
may not yet b. advanced. Nothing In thl. Mortg.g.. however. a"'" uonltltute . commitment to make additional 0'
luture lo.n. or Idvanues In any .mllunt. Any luch cømmltm.nt would nnd to be agreld to In I llIp".te writing.
4. SECURED DEBT DEFINED, Th. term "Secured Debt" Includea. but II not limited to, thl following: , .
A, Thll p'lIml..ory notl(ll. eontrletlll, gUlr.ntY"e.1 or other .vldllIG' of debt de.orlbld below Ind all .x18n.lon..
renlwlll. modlflc:ltionll 0' subltltutlonl. (WhIm ref,rencÍII/l th. d"bts "tow Ir is luW"".d lINt IOU include
ir..m. .uch I. borro_~' naml' Ind IddrwllllØ. noli pnnc'pellmoun". commerci.t .."o/";ng 'HI) 1/ll'I:llmlnr',
m«lCimum Imllun'. Inrcfflst "t",. v.".bI" tIIr" termll. ,",runry dero:r. ,'C./ OIlE PROMISSORr NOTE ø~TÐllr4 ZOO1IN THE
AMOUNT OF t55,883.20
B. AU future advances from Landar 10 Mortgagor or o'ha, IUlura IIbllglltlonl 01 Mongígor 10 Lander under any
promissory hot., ellntr.ct. guaranty. or othar evid.noe 01 dlbl "dltlng now or exeeuted .ltll Ihll Mortgage
whether or not thl, Mortglgll is aplolflcllly re'l/red tllln the .vldencl of debt.
C. All obligations Mortgagor ow.. '0 Lendar. which now lxiI' or may latlr ariae. to thl Ixtent not prohiblt"d by II"".
¡neludlng. but not limited to. liabilities 'OT IIverdr.f" relatin, to eny deposll ..,oount agr..mern belwe.n
Mortgagor end l.nder.
D, Alllddítionll SLIIT\' .dvanced and upenl" Incullld by Lend., fOI Il1lu,lng, pr..lrving or othetwlll proteeting thl
Prol)lrty and it, valu. and any other sum. Idv.nold and eXPII1..s Incurred by Lender undll thl terms of this
MOrtglgl. plus Inte..lt It the hlghl" rite In efflct, ',om tlm. to tlml. a, provldld In thl EvldlnCI 01 Debt.
E. Mortgagor'l plrformanoe under thl termll of Iny Instrument evidencing I dlbt by Mortglgllr tll llnder end Inv
Mortglgl Hourlnl/. gu,rentying. or otherwlSl relating to the d.bt,
If mOil than onll ,p"rson slg1\8 this Mllrtglge II Mor'gagOT. eeeh Mor:glgor avreaa that this Mortgege will IlIeUII ,II
future .dvll'lclS and future obRgllllona dlllC,lbed ,bova thll Ire glv.n to or inourlld by any onl en mllll Mortgagor. or
anyone or more Mortgagllr and othllrl, Thil Mortgsg. will not lecure Ir.y other dlbt " Lendl/IIIII. with r..pect '0 lueh
othllr debt. to make env 'Iqulred dl.clo.ure ,bllut thll Mllngeg, 0'11 Linder f.lI. to give anv requlrlld notlee of thl right
of relcis.ion.
5. PAYMENTS. MQngellO' agrees to m.ke all plymentl on the Slcurad Dubt wh.n dUI .nd In aec:ordlnce with the ta,ma
of the Evldencl of Deb' or thl, Mortgeg.,
8. CLAIMS AGAINST TITLE, Mortglllor will PlY III tlUl... lue,sm.ntl, lllin" encumbrance.. I.... paymenta. ground
rentl. utHhlel. .nd ot"" eharges r'lltlr¡g to thl P'OPlrty when due. L",dar may require Mort .gor to provide 10 lender
copies of all nOllees that sueh amount, ara dUI and the reo.lpt. ,vldent:!n" Mortgagor', paymllnt. Mortglgor will defend
Iltle to thl Propeny Igal".t .ny clllm. 1IIIt would impIl, '''II IIlIn IIf thil Mortgage, Mortgagor agre.. to aslign to
Lender. II requested by Lendll'. Iny rights. elllml or defenall whle" Mortgagor mlY hay. against partll. who supply
labor III' mltlrllls tlllmprov. or malnteln the Propenv,
7. PRIOR SECURITY INTERESTS. With regild to any other mortg.g.. "lid of tru.t, II.Gurlty agrelmlnt IIr othl' lien
doeumlnt that creltlld I prior ..eurlty Ir¡t.,lIt or ."eumbrenol on the Property and that InIY have priority oyer thl.
Monglge, Mortg.gor .gr.e.: '
A, To mak. III plymenta whln due and to perform or eomply with ell eov.nents.
B, To promptly deliver to Lend.r anv l'Iotlcea thlt MortØIIgOl' "Clive., from tha hold.,.
C. Nllt to make or permit a"y modifloltlon or IIxtenaion of. Ind nllt to requlst or Iceept eny future .dvlne.. under
lAY nllte or al/rllllmant ..cured by, thl other mortgagl. d..d IIf t,ust or seeurity allreement unle.. Linder
eonlllnts in writing,
8. DUE ON SALE OR ENCUMBRANCE, Lender may. at 118 option. d.cl" the entire balanc. of thl SlICulld Dlbt 10 bll
immedlltely dua end plyable upon the ereation 01 Iny lien. enoumblln':I, tranllfer. or lilli, IIr çontr.çt for Iny of the..
on Ihl Property. HIIWIVlt, If thll Property Ir¡cludn Monglgor'e ",lld.nu. thlt netlon .han b. lubJeet to Ihe restriction.
Impos.d by federal law I' Z C.F.R, 5811, II Ippnellbll, For th. purpo.es 01 'hi. I.edon. tM ,.rm 'Property" also
Ineludes any Ir¡terest to an Dr Iny part of the P'OPllty. This covlnanr Ihall run with thl PrllPerty and shall rem.1n In
efflct until the Secured Dlbt II paid In tull .n~ th(. Mortgagll. r.I....d.¿¿., _
._ (p.,. 2011'
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O~r 5937
0007 6
9. TRANSFER OF AN INTEREST IN THE MORTGAGOR, If MOl11llgo, I, In I"tlty other thin . naturll penon lsuçh IS I
corpo'ltlOl1 or other orgal1lutlonl, Lender mlY demand Imm.dllte plymenl It 111 . bllneflOiellnter..t In Mortgagor la sold
or trsnsfened; IZI there la a cheng. In either the Idantlty 0' number of m.lmber, of I plrtnllrahlp or .!mlllr entily: or 131
th.r. I. . ching. In owner.hlp of morl thin 211 plrclnl of Iho voting et(-ok of I çorporelion or ,Imll.r anllty. However,
Lend.r mlY not dem.nd plyment In the above "tuetloM If 't II prOhibited by Ilw aa of the dill of thl. Mortgege.
10. ENTITY WARRANTIES AND REPRESENTATIONS. If Mortglllor I. In ."tlty olher then I nltural pllnlon I,uçh 111 a
corporation or other orlllnillllonl, Mortg.IIO' mekl' to Lend" the followlr'lI w.rrlntl.. Ind ,eprteentltloM whlçh ,hi.
be c:ontlnulng .. lonll I' tho Seçurwd Debt remain' oUtlltendlng:
A. Monglgor it In .ntlty which Is duly org.nlled Ind validly exletlnll In thl Mortglgor'e Itate 01 Inc:orporltion lor
orglnlntlonl. Monglgor I' In good .tendlng In ell .IItl' In whlçl' "'ortglgor tran.lC;ts buslnell, MortlJllaor has
the power end .uthorlty to ownth. P,op.rly end to osrry on 11;8 bu.lne.. II now being c:onducted Ind, IS
appUcebll, Is qUIRried to do'.o In e.ch II.te In which Mortg.gor øp"at.., . ,
B. Thoo .xeçutlon, d.llv.,y .nd performlncl of Ihi. Mortglge by MDltglgor Ind Ihe ollllgltion .vld.nced by the
Evidence of Debt .r. wllhln Ih. power of MOIlg.gor, heve b.", duly .uthorlled, have received ell necI""'Y
governmental approval, Ind will not viol.", any provision of IIW, 0' order of oourt or governmental agancy,
C. Other than di.clo..d In writing Mo,tglgor hae not changed Ita n.rne withIn the last 'hin years and h.. not und
any other tI.d. or fictitious nam., Without Lender', prior w,itten consent, Mortgagor does not end wDl not uee
any olher nllml end will preserve its existing n.me, trede nan.' .nd franchlll. until the Secured Deþt I.
..tl.fied.
11. PROPERTY CONDITION. AlTERATION!II AND INSPECTION. Mongagor will keep the Property In good condition and m.ke
.11 repli,. thaI ere re..onlbly ntces..rv. Mongagor will give Lender prompt notl~e of any lo.s or dem.g. tll the
Proparty. Mortg.gor wUl keep the P,op.rty free of noxious weede and gr...... Mortg.gor will not Inl1lete, loin In or
connnt to eny cMnge In eny private restrictive coven.nt, 101111\11 ordlnellce or olher public or prlvlte restriction limiting
or defining thl lIAS which m.y be m.de of the Property or any p.rt III the Property, without Lender'. prior writt.n
cons.nt. Mortgago, will notify Lender of sll demand., proceeding., clalnl', .nd actions agll"'t Mgrtgegor or any ot!1e,
owner mede under lew or regulallon r.g.rdlng UIS, ownerehlp end oc:c:upancy of the Property, Mortg.gor wßl c:omply
with ell legslr.qulremente end restriction., whether pub"c 0' private, with rl.pect to the use of the P,operty. Mortgagor
al.o agrees that the n.ture 01 the oecupançv and UII will nOI ch.nge wlth"ut Linder's prior written connnl,
No portion of the Property will be removed, demolieh.d 0' mat.rl.lly altered wlthollt Lender's prlo' w,ltten consent
exçept thet Mortgagor hee the right to ttmove Item. of plraonll propert\· comprising. pert 01 the Property that blcom"
worn or obeolar., provided that luch per.onll property I. repl.o.d with c.her personl' p,op.rty at least IquII in v.lulI to
the ,eplaced pI,.onel property. free from .ny tItle retention device, ".:uri1y egre.mlnt or other encumbrence. Suc:h
replacem.nt of peraonel property will be deemed subject to the securltv Intelest cre.ted by thIs Mortgege, Monglgor
shall not partition or subdivide the Propeny without lender's prior writt~n consent. Lltnder or Llnder'e Igents m.y, at
Lender', option, Inte, the Prop.rty .t .ny ,..son.ble time for thl purpon. of InsPltetlng"'. Property. Any In.p"ctlon of
the Propllty shall be entirely for lend.r's b.n.'lt and Mortgagor will In no wey rely on Lend.r'. inspection.
12. AUTHORITY TO PERFORM. If Mortg.gor IllIs to plrfonn any of Mortg[Jgor's dutll. under thl. Mortgage, or any other
mortglge, d"ed of II\ISI. .ecurlty egrnm.nt or other lien document I"-'t h.s priority oller this MotlVeg., Lendll mlY,
without notice, perform the dutle. or C.UII them 10 be performed. Motl~l!gor Ippolntl Llndlr II Ittorney in f.cl to sign
Mortgagor's, hlml or p.y .ny .moullt nec...ery for perform.nce. It "'IV construction on the Property I. discontinued or
not carried on In . re..,onable m.nner, L.nder m.y do wh.tever II necef .,.ry to p'ol9Ct Lender's .ecurity int.test In the
Property. This may Include completing the constrUCllon, .
Lender's right to perlorm for Mortgagor .háll nOI crllte en obllg.tlon to perform, end Lendlr's f.ilure to perfo,m will not
preclud. L.nder from eurolslng any of Lender·. olher rights under tho! Ilw or tills Mortgage. Any amounts plld by
Lend.r for insuring, preserving or otherwlle protecting the P,op.rty and I.end.r's security Inte,." will be dUI on demand
Ind will bear Inlerest Irom the dete of the payment until paid In full lit the Intell!st rete In effect from time to time
eceorclinglo the terms 01 the Evidence 01 Dlbt, '
13: ASSIGNMENT OF LEASES AND RENTS. Mortg.gor e581gns, gr.nts, 1'lIg.I"" oonveye, mortg.g.s end werrants to
Lender .. .dditionl' security ell the right, title .nd intl,.et In the followl \!lIProperty .
A. existing 01 future leasll8, ."bl..s.., IIc.n..., guarlnti.. .nd eny other written or verbll agreementa fa, the UII
Ind oceuplncy of the Property, Including bllt not limited tc, eny eXlen.ions, renew II" modilicltlons or
r.placemanl. IL.....I.
B. Rents, Issu., end profits, Including bUI not limited to, ,.curllY depotll', minimum rent.. perc.nt.g" ,ent.,
addillon.1 r.nts, common elt~a mllnten.nc:. charges, parking chsrg.., rill IItate tl".S, other applicable 1IXIS,
insurance premium contributions, IIquldatltd dlmlg18 following delaulI. clnçlll.Uon premium., "lOA of rents"
Insurance, gua.t reclipts, tevenlll.. royaltlll, p,oceeds, bonulI:I, accounts, coi1trlCt rlghte, general Intangibles,
.nd .11 rights e"d claim' which Monglgor m.y have !hit In any WIY pert.ln to or are on .ocount of the us. or
occupanc;y 01 the whole or any pert of thl Property IRent."
In the .v.nt "ny item listed as Le.el or Rents Ie delermin.d to be "elson.' prop,ny, thl. ASIlgnm.nt will el.o be
r.gerded a. lI.ecuritv egreement, ~_
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" . 0007971'
Mortg.go, wUl promptly provide "'l1l1er with oopl.. of the ....... Inl' will c.rtify thl" Le.... I,. true Ii\d oo,reclt
copies. Th, ol.tlng l.,... wDI bl provld,d IIt .xecutlon 0' the Assignment, Ind all of tha future l..ses end any other "
Informlllon with rup.ct to the.. ....... will b. provided Imrnedlet.1y .ftlr they.... uecvted, Mortglgor "'IY I:On.ct, ,
"c.lve, enjoy Ind UII the Rlnts so long II Mortg.gor . not In deflult. Mort9llgor will not coll.ct In .dv.nce Iny Rents I
due III future ....e perlode, unlell Mortgagor "rat ob'lalna Lellde,'l wrltt..n con..nt. UpOIl deflult, Mortgegor will recllvl!
.ny Rente in tIII.t for l.nder Ind Mortg.gor wRI not cOIJ1",1ngI. the Rlnts with ally othll fund., Whln l.nder 10 dlllcts,
Mortglgor will endor.. and dellv.r eny Ply",.nt. of R.nll frOll1 the Property to Llndll. AlJ10untl collected will be ,
eppllld It llnder'. di.cretlon to thl Slcured Debte, Ih. COlt. of mlll.t'llIg, prot.ctlng .nd prellrvlng the Prop.rty, Ind I
other nlcallary ex pens.., Mortgagor IIg"e, th.t thl. Slcurity I",trum.nt I. Ifllmedletely effectlv. b,twlln Mong.gor
.nd lend.r. "¡'hi. Security In.trurn.nt wm remllin .fflctlve during .n~' .t.tutory redemption period until the Secur.d
Dlbt. Ire I.V.fled. Unl..1 otherwl.. prohibited or prl.crlb.d by lteh I.w, Mortglgor IlIr..1 thet Len.r m.y tlk.
IIctu.1 pO.....ion of the Property without the m,cellity of comm.nelng nny l.glIl .clion or proceeding. McnglgDr .gree.
thet IctuII pose...lon 0' th. Proplrty II deem.d to occur wh.n L.ndt!! notlfl.. Mo,tgegor Df Mortglgo,'s d.t.ult Ind
de mind. thlt Mortgagor Ind Mortglgor'S tlnlntl PlY III Rent. due or to blcom. due dlr.ctly to Linder. Immldllt.1y
after Lender give. Mortgegor the nOllce of deflult, Mortglgor .gr... tillt .Ither 18nder or Mortgegor mlY Itnmldllt.1y
notifv the tenenb Ind d.mlnd thlt III future Ran" bt pllcf directly tD Lender.
A. long IS thl, Aulgnmènt I. In .ff.ot, Mortglgor WI".nt. .nd repreøuntl thlt no d.fllult exi.tl under tne Le"es. Ind
Ihe pertles subl.ct to the l..... h.v, not vlollted Iny Ippllclbll I.W\' on I.n.., leln..1 Ind lendlords end t.n.nl$.
Mortgago" It its .01. co.t .nd expen.., wiD ke.p, ob..rve Ind perfon" end require III other Plrtl., to the l..... to
cDmply with the lea... Ind .ny .ppllclblt law. If Mottglgor or Iny Petty to th. l.l.e deflultl or fall, 10 gbllrvl ¡rny'
applic.ble Ilw, MDnglgor will p,omptly notify lender. If Mortg'gor n'[ileet' or ret,,,.. to enforce cOl,npllencl with Ihe
terms 01 thl Llasel, thin L.nder may, It 18nder', option, enforce compl;.nc..
MorlgagDr will not .ubl.t, modify, extend, canoe', or otherwl.. IIltllr thll l....., or ecceþt the .un.nder of the P,operty
cover'd by the L..... lunl.., the l..... ''a require) wlthO!!t 18nder'. r.oneent. MDrtg.gD, will not .nlgn, compromise,
lubordinat. Dr .ncumber thl L..se. Ind Rent. without Lender'l prlt,~ wrltt.n eon..nt: L.nder doe. not .n",". or
become IIlbl. for thl P,oøeny'. mllnten.nce, deprecllt/on, 0' other Ie.... or damllll' when lenllllt leu tD mln.gl,
protect or prlserve the Prop.rty, uc.pt for 10.... Ind dlm.g.. due to L.nder', grail nlgllgenc. Dr Int.ntlon.1 tDrtl.
Otherwlsl, Mortg,gor will InlWmnlfy Lend.r end hold lender hlrmltlS for ell IIlblOty. Ion Dr daml 14l thlt Linder mlY
incur when Lander opte to eurci.. Iny of Its ,.medl.. Igllnat any plrty obllglted ullder the l......
14, CONDOMINIUMS; PLANNED UNIT DEVELOPMENTS. If the Properwlncludes . unit In . condominium or . plaOlled unit
develDpment, MortglgDr will perform In of Mortgagor's dutle. und,r thl cDvlnlnl., by.llwl, or regul.tlon, of the
cgndominium or planned unit dev.lopm'ht.
15. DEFAULT. Mottgallor will be In def.ult If eny Df the following occur:
A. Any p.rty obllgat.d on the Secured Debt f.lIs 10 mike p.ym'"t Vlhln dUI;
B. A breech of .ny term Dr coven'hl In thl, Monglgl, .ny prior fIIortgege or Iny construction lOin agr.ement,
.ecurity .grtem,nt or any other document Ivid.noing, gUlrentyl~g, ..curing Dr othetwl.. reletinglO the Slour.d
Debt;
C. Th. meltIng or futllishing of Iny verb.1 or written reprellntelfon, .tatem.nt or warranty tD Lender thlt is fels. Dr
incorrect In Iny "'Ite,i" respect by Mortgagor or Iny person or entity obligated Dn the Slpured Debt:
D. The d..th, dinolutlon, or In.oIvlncy of, Ippolntrnent of . ree.iver lor, or Ippllcetlon of eny d,blor reli.f lew to,
Mortgagor or Iny Plrson or Intlty obllglttd DI1 the Slcured D.bt;
E, A good filth belief by Lender 81 Iny tlm. thlt Lender I. In..c"re with r..pect to I/'Iy perlon or ei'ltllY obliglted DII
the Secured Debt or Ih.t the pro.pect of any pllymlnt ¡.lmpllre( or the valul of lhe Property 1.lmpllred:
F, A mlterlll Idverse chenge In MougegDr'. bu.ln... Including owner,hlp, men.g.mlnt, Ind flnlnel.1 conditions,
which LI"der in It. opinion be~lv" Implire tl>e valUI o. the ProPlttty or replymlnt of the S,cul8d Debt: er
G. Any 1010 procledl .re used for I purpo.. th" will centTlbute to 'XC'"IVI ero.lon ot highly erodlbll I.nd or to the
conversion D' wetllnlll to prDduc, en Igrlcultural commodity. II futther Ixplalnad In 7 C.F,R. P.rt 1940, Subpart
G, Exhibit M,
1a. REMEDIES ON DEFAtàT. In lome Inltlno'" feder.' .nd ".t. lew will require 18ndll to provldl Mortglgor with notlcl
Df the right tD cure, m.diltion notloll or other nollce, end mey ..t.bUlh time .chedules for fDl'lc:loiure actiON. Subject
to Ihese ImitatIoN, If Iny, lender m.y .cc./erltw the Secured D.bt .nd 10reclo.. thl. Mortgag. In a m.nn., provid.d by
law If thi. Mortgagor Ì8 III defeult,
At the option of linder, III or Iny pert of thl Igrlld fH' end cheri'''' .ooruld Intere.t Ind principII .hlll b,come
¡fllmldlat.1y due end payabll, liter giving notice If required Þy IIIW, upon the ooöurrtnce of . deflult or anytime
th.rea".r. In addition, Llnd.r thlll be entltlld tv III thl rem.dl.. provldlld by ,.W, the Evldenol of Debt, other .videnc..
of d.bt. tnll Mort",g. ¡¡nd Iny rellled dooufll.ntJ lnoJudlng without llnilllt/on, the lower tD 1111 the Property. All
rem.dles Ire dlltlnc:t, cumulatlv. and not Ixclu.'ve, Ind the llnd.r I, ønllllld to llItemldi.. provldld It law or .quitv,
whether .xpr..lIv ..t forth or not. The lcelptlnel by lender of eny sum In paymlnt or plrtlal peym.nt on the Slcured
D.bt Ifler thl bIIlnc. III due or Is 10e""lt.d Dr Ifter fDreclosure procll8dlng. erl fll.d .haD nllt constltut. . wllvlr of
l.nder'. right to requlrl full .nd eompl.tl cu,e Df Iny Ixl.ting defe"lt. By not Il(erclslng any remedy on Martglger',
,....... ""... - .ot w",," ,.'..... .", .. ,..., """.. ... .~". :;;¡:2 -~.. ot ....... """.
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00079
17. EXPENSES: ADVANCES ON COVENANTS; ATTORNEYS· FEES; COLLECnoN COSTS. Except whln Pfohlbited by IIW,
Mortg-oor IIgre.. to p.Y III of L.nd..·. .xpen.e. If Mortgegor bl'Nch.. .ny coven.", In thl. Mortglge, Mortgagor wi'
.1.0 pev on demand all of Llnder·s expenses Incurred In call.ctlng. In,urlng, preserving or Pfotllc"ng the Ptoperty or In
eny inven,orlu, eudlD, in,pltOVons or o'h.. eXlminltla" bV Lender In rlllplct to th. 'roplrtV. Mortgllgor Igre.. to PlY
III COllts Ind expenses Incurred by lend.r In .n'orclng or protactlng Len"er'l right. IIfId remedl'l unlltr thll Mortgog.,
Including, bu, not limited tc, anOrT1eVS' '''1, oourt oO'Þ, .nd oth.. legl' .I(pen.... Onc. the Secur.d Debt Is fullv Ind
finally plI¡d, lender .grees to r.I.... this Mortgllge Ind Mortglgor .g..... to p,y for eny recordetion ccme, All suoh
Imountl Ire dIN on demlnd Ind will bur Int.,..r f,om tllll time of thl ø:lvlncl .t the highe.t rete'n Iff.cr. from tlm.
to tlml, el provldld In the Evld.nce of D.bt .nd 18 permltt.d by IIW.
18, ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES. A. ..,Id III tN. ..cticn, 111 "Envlronmentll llw" milne,
without Ilmltllrlon, the Comprth.n.lvl Envl,onment.1 Response, Comþen..tlon and LlebllitV Act ICERCLA, 42 U.S.C,
9601 .t Slq,l, .11 o'hlr federll, .I.te .nd 10c.ll.w., reguletion" ordlnlncl., cOl rt o,der., Ittomey general oplnla"l or
Interpretlvl Ictte,. concerning thi pUblic hellth, ..f.W, wlltarl, en"lronment 0' I h.zlldoU8 sub.tlncl; Ind 121
"Hozlrdou.'Subn.nCI" melns anv toxlo, rlldlalctlV. or huerdou. mltarill, WI.te, Pollutln1'or contlN'lllnent which hll
. Chlrlct.ri.tlc. whioh rende, thl .ubltlnce dangarous or po,.nthllly deny.rou. to the public health, safetV, w..'fl" or
environmlln,. Thl I.rm ¡nclud... wlt"aut limitltlon, .nv .ub,tllnoe. daflm,d II "huardoua "'lterl.I," "toxlo .ubltenc..,"
"hen.dOUI wutl" or "hlzerdoUI lub.~nce" under ,ny Envlrunmentall~w, Mong,gar reprl..nt" WI"IIII'I alld egrees
1hat, excap1 II previouslv dllclo..d and .cknowledged In w,ltlng:
A. No Hllzlrdou. Substanc. h.. been, i., or will ba loclted, trlnIPorl.d, mlnuf.ctunnl, trlltld, rafln.d, or h.ndlld
by Iny parlon on, under or ,bout tha P,opartv, exclpt In Ih, ordinary cour.. 01 buslne.. and in atrlct oompll.nce
whh alllþpliclble Envlronmen,.I18w.
B. Mottl/agor hili not Ind will not oause, contribute to, or pllmlt ,." relllll 01 any HIZlfdaul Substance on the
Property. .
C, Mongagor wllllmmediat.,y notlfv Lend.r If 111 a rele.,a or th'IIUlltd 'efe,.. of HuardoU8 Substlnce cccur. on,
und., or about tha Proparty or migrltn 0' 1hrell'I". to migrate' from nea,by prop.rty: or 12/ the.. ÍII I viollllon of
any Envlronmenlll LlW concerning 'h. PruPe/tv. In luch In ev( 'It, Mortgagor will tall:e el ...ecellllry remediel
aotlon 'n .cco,dence with Environmental Law.
D. Marlgegor ha. no knowl.dge of Dr "..on 'e bellev. Ihe,. I. In', plndlng or th..IÞnld InV'ltlgltlon, ol.lm, or
prac..dinll cf any kind ..lltlng to 11/ any HazlI.doul Substance looltad on, under cr about 'he P,opertV: or 12/
eny vlolltlan by Mong.gor or any t.nlnt of Iny Environmen'lIl 1.IIW, Mo,tglgor wUllmmadl.telV notify Linder ill
writing .. lOon IS Mortgagor hll reason to blllevl there I. InV such pending 0' threatened Investlgatlcn, glaim,
0' procleding. In such In ev.nt, llndllr hll the rIght, but not tha o!JlIg.,lon, to plrtlolpete In IInv luch p,oceedlng
including the rlgh, to receive ocples of any docum.nts relating to sl/ch proceeding.,
E. Monglgor end eVlry 'anlnt h.ve be,n. lie and sl1l1l1 r.mlln in fur. compll.nce wllh Iny .ppliclble Environmlnt~1
Law.
F. Thlre Ire no underground .torell' tlntl, p,'vlta dump. or op.n wells (ocllted on or undør the Proþertv Indno
such tIInk, dump 0' will will be Iddad unles. Llndar flret consents In writIng.
G. Monglgor will regul,rlV inlp.ct the Property, monitor the activitl". and op.r~tlon. on Ihl P,oplny. Ind confirm
,hit III permits, IIcen... or .pprovals required by Iny appllcabl. Environmental lIw Ire obtllned tnd complied
With, .
H. Monvagor wIll parmh, or cause any tenlnt '0 parmlt, Lender or lUr1der', Igent to enter end Inspect the Property
Ind ..vlew III record. It anv relsoneble tlml to de",minl 111 tM IXlltence. locetlon and nllUlI of anv
Huardou. Substance on, under or Ibout the Property: 12/ thl ' lI.,encl, 1001110", nelure. Ind m.vnitude cf Iny
Hazardous Sub.tanDe thlt ha, been rel..sed on, undlr or Ibout the Propeny; 0' 131 whether or not Mortglgor
end IIny 11nant are In compllllno, with applicable EnvlronmenÞllllw. .
I. Upon, Lender's ,.qullt IInd It anv tlml, Mortgagor IIgre... II Monglgo,', ,x~nle. to englg' a qUlllfled
envi,onmentll engineer to P'IPIII .n .nvironmlntl' ludlt of tha P,oPlrty .nd to sUbmR the nisult. of such audit
to L.nder. Th, choloe of thl .nvlronmentll Inglneer who will perførm .uch eudlt I. .ub eçt to Lende,'1 IPproval.
J. lender h.. ,h. right. but not the obligltion, to perfo,m anv of Maltglgor'. obligations under thI. .ection et
Mort911g0r', expanlll. '
K, AI I COn.,qulnce of IIny br'lch of Iny repreaentetlon; wllrranty or promllll m.de In this section, 111 Martglgor
will indemnity Ind hold Lender Ind'l.nder·s IIICCIIIIO'I 0' astlll'" hllmlell from and !!g.in.t an 101.11, o'lims,
demend.. liabUltle., d.mav", clllnup, rllpon.. IInd r.med.allcn OOltl, panlltt.. Ind exp,"s", Including
wlthollt Ilmltltlon 1111 costs of litigation IInd IInomevs' filS, whIch l.nder Ind Lend.r', suoc..sora Dr ..,¡gill meV
sUltain: .nd 12/ et Lender'. d',clltlon, Lender mev rei.... this Monglge and In re,urn Mortgll~or win provld.
lender with collater,' of lit I.ut .qual vllue 10 the PropertY seCllred by thi. Mortglge whhout prejudice to eny of
l.nder's rlgl11. under Ihl. Mortgage,
L. Notwlth"andlng anv of th. "nguegl contllnld In thi. Mortglge to thl contrary, the tttms of this ,ectlon shill
.urvive anv foreclosurl or 'IItllf.ctlon of this Mortg.g. regln:I,.. of Inv p""", of title to Lender or .ny
dlsposi,lon bV lender of Iny 0' III of tha Property, Any olalms Ind d.f.RSII to ,he contrary ..re hereby walved~
19. CONDEMNATION, Monglll/or will give lender p,ompt nollce of Iny IIctlon, re.1 0' threallned, by p,IVIlII or public
Intltles to purcl1.s1 or t.ke IIIV or .11 of the P,opertV1 Including .nv ...lIment.. thtouVh condemnation, Imlnlnt domlln.
or .nv othe, melllS. Mortg.gor furthlr IIgtee, to notllY lender of Inv procledlng. Instituted for the elteb/Ishman' of any
sewer, w"e" conservltlon, ditch, d,.lnlge, or o'hll dlstrlot relating te or bindIng upon the ProplrtY or Iny pert 01 It.
Mortgago, euthotlll' Lender to Intlrvlne In Mcngagor's nem. In ,ny of the .bova desc,lbed action. 0' cl.im. .nd to
collect and rec,lvlI III 111m. ,.sultlng from Ihl .ctlon or clelm. Mongegor .lIlgnl 10 Lendllr the proceed. of InV IWllrd ot
claim fc, damegn conneC1ld with a oondemnatlon 0' othlr tatlng of ..II or IInv pan of tha Property, Such proceeds .hlll
bl considered p.vmsntll and will be Ipplled II provld,d ,,, this Mortv,g., Thl.l anlg 1 " \lInt of pn>ce.d. I. subject to the
term. 01 I,ny prior, mortglge, deed of trUst, $acu,ity Igrtlmlnt or other III"";¡J0CU 'Int.
(pop 6 of 8'
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o 2593t~.I
20. INSURANCE. Mortglgor Igre'l to malnt,'n In.ur.ncI .. fOlluw,:
A. Morlllllgor lhel knp thl Proplrty In,ured 1IIIInlt loel by fire, theft ;md othlr h.z.,d. Ind rl.k, rll,onllblv
1I'SCK:lltlld with thl Proplrty due 10 fl. Iyptl and loclllon. ('Ihlr hllZard. .nd rilb may Ineludll, for e/llmpll.
ooveregl IIglllnllt 10.1 dUI to nood. or flooding, Thle In.ur'l\o;e lhall bl mlllnlllned In lhe .mOUnts .nd fOr Ihe
period. Ih.t Lender requltl" What Lind" requlrel pur,ulnt to the precedIng two ..ntlne.. clln ehlnge durlllg
the tenn of the Seculld Dlbt. Th. InsurancI ~.r providing the lnauranoe ,hllll bll e/lo..n by Mottg.gor lubjecl
10 Lender'l tpproval, whloh .hll/l not bl unrl..on.bly w!thh,'d, If Morlglgor fill. to mlllntllll the coverlgtr
de.eribld abova, Linder m.y, It Lendlr'l opllon, obttln cover.ge to protect Land...'. right. In tilt Property
IIccordlng to thl t.rms of this Mort9l9l.
An lnallrlnce policlll .nd re",wllI ah.1I be ICClptlbl1 to Llln,jer Ind .hall Inc/ud. I .tandllrd "mortg.ge cteuse"
Ind, WhIte ",pllelble, "Iendlr loss plyee ClilUII.· Mortg'IIOl .han Immldiltlly notIfy Linder ofo.nOlllltion or
terminllion of thl In.urancI. Lander Ihllll hava thl right to 'Iold th. pollel.. .nd renew lie, If Linder requlrel,
Mot1gllgur ,hili Immldlately glvI to L.ndlr all recelpll of plld premluml Ind r.new.1 notlc... Upon lOll,
Mortgllgor Ih.u glv. Immedi.te notÍl::e to the III.ullnce c.rrlll Ind L.nder. Lendlr m.v meke proof of 10.. if not
mede Immedletely by Mortgagor,
Unl... Lend... and Mortgagor otherwlll egrll In Writing, Inluranc. proceed. .hall be Ipplied to IIltoralion '
IIÞII, of the Pruperty damag.d If Ihe rllltorltlon or rlPIII, ,. Dconomlcelly f...lble and Lender'. ..eurlty I. not
lessened. If the reltoratlun Dr rlpair il not eoonomlcally fll31bla or Lend.r'. lIourily would b. ¡..nned. Ihe
in.urenc. proceeds Il1all be eppl/ed to lhe Seoured Debt, whither or not then du., wIth iny ueeel paid 10
Murtg.gor. If Mortgago, ab,ndo". the Properly, u, doel not IMwer withIn 30 d.ya a. notice flum L.ntler that the
Insullnel Clrrler hu offered to little Ii clllm, Ihen Lender mny coUeot thl ¡nlur.lI~ proceedl, Lend.r mey USI
the proceeds to repllr or rellor. the Prupenv or 10 pey Ihe S-rcured D.bt whether or not th.n due. Th. 3D-dav
p.rlod wi" begin whlln Ihe notice I. given,
000799'
Unl... L.nder and Mungagor oth.tWill Igree In writing, Iny eppllOltlon of procltd. 10 P,llIclpel.hell lIot .xtend
or postpone th. dUI dill of .cheduled paymenÞ ur uh.ng. thll 'mllunl of Ihe paymlnts. If the Propeny I,
lequlted bv Lender, Motlglgor'l rfc; ht to any Inlurancl poli~itr. IInd proclldl resulting f'um dameg. to Ihe
Property before the loquleltlon ,hBII ,P'" to Lender to the I>:tent of thl Slcured Debt Immedialaly before the
acquisition.
B. Mo,tllagtll' ÖIgr... tu mllnlein compr....en.ive lIenera' IlablUIy IIIIUtilno. nlmlng lend.r al In edditlonar insured in
en emount eec'pt.bll to Lender, ¡naurlng Igeinst el.lml arising f'um any Iccident ur OCCUltllnce In or on the
Property,
c. Mortglgor llIrees to millntaln '8ntllllo.. or bu.inell Intlrrupll,)n In,uranee, II required bv Linder, In an amount
Iqual· to lit IlIst coverag. of one ye.r', d.bl ..rvlc., end required eecrow aCOOUnt depo.II' (if allread tu
upe"lely In writing" under I form of polley ecc.pllbl. to L.ndt/r.
2 t. NO ESCROW FOR TAXES AND INSURANCE, Unless uthetwl" provllhd In e ..p.rltl agreement, Mortglgur will nut be
requIted 10 pay tu Lender funds for tellea .nd ¡naurance in IIcruw.
22" FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS, Mortgagor will provide to Lender upon requ..t, Iny flnancltl
.taternenl or In/urmltlon Lender mey deem naclarary. Mortglgor warrants Ihet III financial "11.menll Ind I"form.tion
Mongegur prllVide. to L.nd.r Ira, or will be, .ccurat., correct, Ind eu,npl.te. Morlgagur ag".. to ,Ign, deliver, end fil.
es Lender mav rll.onably r.qu..t .ny .ddltlonal dooumlnll or certification. that Lendlr m.y ¡¡onllder nlcesSllrv to
parflot, conlinue, end prelllrve Muttglgor'S obllgetionl under this MO"lg.gI Ind Lender', lien sUit'" on th. Property. If
Mort llgur fella to do ao, Lander mev .ign, dllllvlt, and fill .ueh do:umenu or Cllllf/ClltlS In Mottg.gur'l naml end
Morlglgor hereby Irravocably 'PlloInl, Lender or Lendlr's agent eli .ttQrnay In flol to du th. thlngl n.e....ry to comply
with thla I.cllon,
23. JOINT AND INDIVIDUAL lIABN.ITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All dul/ea under Ihia Mongege
lire joint .nd IndlvldulI. If Mottgagor signs thl. Mortgage bul dOli not 31gn the Evidence of D.bt, Mottglgor dOli so only
tu mortgage Mortgagor's Interell in the Property tu laoure lIeyment 0' the Slcured Debt tnd Muttglgo, dOli nol .gree
to be per.onlllv Rabie on the S.curld Debl, Mo,tglgo, Igr... thllt Lend.r alld Iny Pltty to th. Me/tlgage m.y extend,
m~.fy or mlllte Iny olllnge In the t.nn. of thl, Mortglge or the Evldenc. uf Dlbl wlthuut Mortglgor', Conllnl, Such.
chlllllle will not r.'aa.. Mortlllgor from llie tllrml of tl;'a Mortgage. T:~e duti.. .nd benelltl ut thle Mongegl shell bind
end ben.flt the successor, and ..signs of Mungagor ItId Lander.
If thll Mortgag. neural a gUlr.nty betwlln L.ndar and Mortglgor ar.j dOlI, not dire oily .ecure th. oblige lion which Is
gua,antl.d, Me/nglgor Igrell to waive 'IIY rI\ IIte thlt mlY prevent Land., from bllr1glng any action or el.lm 1lIlln.t
Morlgagor or any Pltty indebll'd undllr thl obllgltlon Including. bul not IImlt1lc to, Inti-deficiency or one-Iollon lewI,
~ III"." ..., "'t.. "'............, ". CI..,oI, 14(01 !'trot ^CCO"'....WY '"11/:100'
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000800
24. APPlICABLE LAW: SEVERA8IUTY: INTERPRETATION. Thl. Mortglge II gonrnld by thl Ilw. of 1hl lurlldlction In
which Lender il loeltad, except to tha utent otherwile raqulred by the lawI of the jurl.dlctlon whlre the ProPlrty II
IDOIted. TN. MDrtg.ge i. eomplatl end fully Integrlt8d, Thll Mortpegl m.y not b, IIm.nd.d or modlfl.d by ora'
'IIrum.nt. Any IIctlon or deu.. In thl. Mortgege, .Rlohmen.., or onv agrllment r.leted to the Secured D.bt thlt
confllc" with applicable IIW will not bl effective, un"" thlt Ilw txprn.ly or Implltclly p.rmita the v.tletlonl by written
II/rumen" If Iny section or ele..... of this Mortglg. cllnnot be enforclld IIcCOrdlng to ita terml, that ..ction Dr eI.USt
wiU be IIv.red end wHI not .ffect theenforCIIÞlllty of thll remalnd.r 01 thlll Mongagl, Whenever used. the Ilngul,r .h.1I
ineludt the plurl' Ind thl plurlll thl .Ingular. The Clptionl Ind hlldlng. of the lection. of thla Mortll.g. II' for
convenience only and ara not to b. uSld to Interpr.t or d.flne the t8rm~ of thll Mortgtg.. TIme Is of Ihl "..nca In this
Mortgege.
25. IIIOTICe. Unless otherwise required by law, .ny notIce shIll bt glnn b)' dellv.rlng It or by mlillng It by fli.t cllSS miÌi' to
the epproprllt. perty's IddrlS:¡¡ on pllge 1 of thll Mortl/Igt, or to ,ny II/her add'..1 detignlted 'n writing. Notice to 01Ml
mortgel/or will be de.med to bt n011c. to III mortglgore.
26. WAIVERS. Except to the extant prohibited by law, Mortgagor waives env right ,.glldlng the mllllhl"lnll of lie';. end
.nets and III homtstaad ...emption rlghtl releting10 the Property..
27, U.C.C, P,ROVISIONS,If èhtcbd, the fOßowingar. appßolIþlt to, but do not limit, tl1i. Mortgage:
o Conl1fUetlon LOin. Thill Mortglgl' secure. .n obligltlon Incurred for tIIa consttuotlon of In Improvement on Ihi
Property.
o Fbcture Filing. Mortlllgor grlnt. to: lender I securitY intllrest 1'1 III good. thlt Mortgagor own. now- or In the
future and that are or will blcome fixture. rellted to 1he Properh.
o Crop.: Timber: Minerlls: Rentl. I..ues .nd Prof'~. Mortglgor grlnt. to lender a ItCUrltY Interest in .11 crops.
timber and mintrall loclted on 'he Pro",rtY e. wIll II III rentl, issue., Ind profits of them Including, but not
limited to. 11/ Conllrvltlon Reserve Prog'lm (CRt') and Plvmen I in Kind 11'11(1 plyments end .Imil., govemmlnt.1
programs (III 01 which .hlllllllo be includlld In the term ·Properly"t.
o 1'...10011 Property, Mortgagor grants to lender I security Intera:lt In all personal property locettd on 0' connected
with \h. Property. This securitY Intertst Includel 1111 farm products. Inv.ntory, lquipment, .ecount.. doc:uments.
Insvuments. ch"... piper, glnerllllntlngib/.., and III othlr Itlms of "'1101'111 property Mortgagor owns now Dr in
the future and th.t .r. Ulld or useful In the oonstructlon, ownurlhlp. operation, mlnlllemen!. or ma/nUmllnce of
,th. Prop.rty. Th. term "person.' property" spllC/flClllly e¡(crud.. 1hlt property d..crlbed II "hou..hold goods"
Slcur.d in connection with I "consumer~ loan .. tho..e terrn. ara defined In applicable fed"I' regulltlons
governing unfal, Ind deceøtlve credit prac,lca=,
o Filing AI Fln.nolng S1I1t.""nt. Mortgagor egrees .nd .ckncwl.dgll 1hllt this Mongag. 11,0 sUffic.. II .
tlnencing st.~m"'t lnd .. luch, may be flied of record I' I fi".neing 51l1temant fgr purpo... of Article 9 of the
Uniform Commarcill Code. A cerbon, photographic, image or olhllr r.production 01 this Mongege Is .uffio/ent I'
1 11",nclnll stltlment.
28. OTtlER TERMS. If checked, th. following are epplic.bls to thl, Mongltl':
Olin. of Credit. Th. S.cured Debt Includes I rlvolvlng line gf Gridlt provillon. AlthoUgh tht Secured Debt may b.
reduced 10 I zero belanea. this Mottgage will "ml'n In elfect until "r....d. .
o Sep.r.l. A..I"'....nt. The Mortga90r hll exscuted or will eXt.:ute a ,.parllte assignment olle,," Ind rents. If
thl ..perett 1..lgnment of lea... snd rents Ie prope,ly executel and IIco'ded, thsn the ..par ItS eallgnmllnt will
sup.rl.d. thil SecuritY Inltrumsnt's ""..Igmnsn' of l..... Ind R.nts" ..ctlon.
o Additløn" T.,m..
~ Q 1113. 1001 ....... ......... ...,.s., Clo"'. "'~ Fo... Aocø...rSl-WV 11111Il101
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000801
SIGNATURES: By Ilgnlnll below, Monglgor IlIrM. to the terma .nd Do~'.nentl contl/ned In thl. Mo,tlllll' Ind In ,ny
Ittlçhmenl" MongegOl' II'D Icknowledlll. ~celpt of I copy of thl' MDn1Blle on Ihe dltl Itlted above on Pllil 1,
to the PI!,"" alllnlng below by r.aO/utlo" .I~ed Ind dlt.d
l~lt~.I Il £/l'dß!?øW Ik~
151""","1 CDII.V r ()
11iv""""0I
IDIIII
"iši;;;i;;.
101\0'
o Refer to the Addendum which ¡, .nlChed Ind Incorporated hertln for addltlonll MDnglllor., "gneture. end
acknowledgments.
-.,
ACKNOWLEDGMENT: ~ Jl .
STATE OF'RIUIIIC- VV ,COUNty
Thl. "'.trument WI. ecknowltdged befDre ml thlll
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My comml..on ellplres: h ").ci' D1
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STATE OF . COUNTY OF
Thi. ¡;'Itrument WIS ecknowledged before me this
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~ ill 11"'.2001 ..."'."""-......... CIoutI.MoI ,...."'OCD-llell.wY 1/1112003
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R1/64/2667 16:19 367BBSßßß2
:-BB-2006 15:48' RI111A Gl.R..llY ~ '
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PAG
1 387 B77 J31å11l' P.11I9
. ( ·';»C·937
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Edlfblt A-2
To Purchase aud Sale Agreement
0008'02
A parcel of l8JJd located in the fOuthwest 1/4 of~tioD 15 of the reswvey ofT.21N., R.116W.,
of the Sixth P,M" City ofKeøuncnr..Linco1n CoUÐty, Wyo.mÌD¡, Said parcel be:iJJg bOWldcd on
the north by the lOuthedy ript otway of U.S. Hi¡hway 3D, and being bounded on thlllOuth by
the lou_ly boundary of said Section IS and belas bounded on tho .lIt by the nol1l1-eouth
centerline of said SKtion IS and being boUDded on the west by a particular pvçcl of land
recorded and descdbed Ii the éxc:epted bet 2 in book 117 on paþ 261 hllRSfter refèn'ed 10 as
Golicla Exception on file at the Lincoln County CourtbJuse, ,and being more particularly
described as fbUows: ,
Conunencin¡ at the southeast comer of Section 15, of the nlSwvey ofT. 21 N., R. J J6 W, oÎthe
Sixth P.M" CityofKemmEhr, Lincoln County, Wyoming, where is found astaDdatd OLO brass
cap; Thence NB9°52'W along the southerly boundary. of .r.id SeçtiOI1 15, 2,633.48 feet 'to the
Point ofBegillllin¡ of this description. Said Point ofScginning being the south J/4 comer a/said
SeoUon 15 where is found a standard OLO brass cap; ,
Thence N89°42'24"W, along th~ southerly bowuJarr line c·f Aid Sc::ction IS, 1,314,36' to the
Wl/16 coma bctwcan said Section 15 and Section 22, wJ¡ere i. r~und a aluminum cap; .
Thence N89°43'23"W along the southerly boundary of said Section 1St 4.03 feet to the southeast
comer of a particular parcel of land. being the except", tract 2 described in book 117 on page
261 on file at the Lincoln County CoUJ1hoU3c, hereafter knov.n as the CoUch Exception¡
Thence NO"02'13~B, alon¡ the cas1crly boundary of said GCtlich !i:l¡coption, 804.63 feet 10 the
nonhe8lt comer of said Golich Exception. Said bortheast ccmer be.ing a 'point on the southerly
right Dfway of U.S. Highway 30 where is found an álum~nunl cap; .
Thence N63°50'2S"E, along the southerly right' of way of U,S. Highway 30, 177,19 feet t~ a
point where is fouad a standard highway right of way ¥llll'ker; ,
Thence N63"S7'OO"B, continuing along the southerly bounciary of U.S. Highway 30, . I ,292,53
feet to a point aD the north-south centerline of ,aid Section IS, wh8na is found å aluminum cap
stamped CCI, PB&LS 5465;
Thence SO·05'41"W, along the nonb-south centerline ofSJ.id Section 15, 1,457,13 teet to the .
point ofbegiMing of tho de.scriptioD. The area ot the parcol described horeln is 34.25 acres more
or less.
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Tract K6
N'R 0'-'20
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