HomeMy WebLinkAbout927480
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ASSIGNMENT OF MORTGAGE
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WCCA 16¡q(\:!1 ~l.\ ql./~ <I~
FOR VALUE RECEIVED, the First Horizon Home Loans, a corporation organized
and existing under the laws of the State of Kansas. the mortgage named in that certain
mortgage hereinafter described, does hereby transfer, assign, set over and convey all of
its right, title and Interest in and to said mortgage, which was given t~ said mortgagee by
KRISTEN AND BUCKLEY DRANEY an~cars recorded :-:)f~O-7
in Book(tï', , of mortgages, Page(s) " , \' , in the office of the County Clerk
of LINCOLN COUNTY, Wyoming and which covers property described as foHows:
000" n.," 3
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SEE A IT ACHED EXHIBIT "An
RECEIVED 3/8/2007 at 3:38 PM
RECEIVING # 927480
BOOK: 650 PAGE: 843
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
together with the note or notes secured thereby, to Wyoming Community Development
Authority its successors and assigns, subject however, to all of the agreements,
conditions, covenants and stipulations therein contained, as well as all rights of
redemption provided by law.
Dated this 2nd day of March, 2007.
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Attest
STATE OF lJ..J'ICr\\\{\&
COUNTY OF u'("'\(o\Y""'\
The for~~g instrument was acknowledged before me by ~ \ .(€{ Co oœ..\ \
fu;, ð d.yof ~~i
W;,,,,,, mr h:'od ond,omolal ...1. .. n - . . m J.D
My CommissIOn Expires: ~
NOT RY PUB I
CHERYL A. JONES - NOTARY PUBLIC
. Slate of
County 01 . Wyoming
Lincoln
My CommIsSIOn E¡cpiTeS Feb. 4, 2009
ORDER NUMBER: NTL-1188
0927480
A PORTION OF THE SEY.tSWY.t OF SECTION 34, T33N, RIl9W OF THE 6TH P.M., LINCOLN COUNTY, WYOMING BEING
MORE PARTICULARLY DESCRIBED AS FOLLOWS:
EXHIBIT "A"
000844
BEGINNING AT AN IRON PIPE SET NORTH 0°19'10" EAST, ALONG THE EAST LINE OF SAID SEY.tSWY.t, 502.66 FEET
FROM A BRASS CAP MONUMENT MARKING THE SOUTHEAST CORNER OF SAID SEY.tSWY.t;
THENCE RUNNING NORTH 89°40'50" WEST, 14.00 FEET TO AN IRON PIPE SET NEAR AN EAST-WEST FENCE LINE
MARKING THE TRUE POINT OF BEGINNING OF THIS DESCRIPTION;
THENCE RUNNING NORTH 89°40'50" WEST, 367.16 FEET TO AN IRON PIPE FOUND NEAR A FENCE CORNER POST IN
THE SOUTHWESTERLY FENCE LINE OF A ROAD;
THENCE NORTH 38°23'0 I" EAST, ALONG LAST SAID FENCE LINE, 177.92 FEET;
THENCE SOUTH 89°40'50" EAST 257.47 FEET;
THENCE SOUTH 0°19'10" WEST, 140.08 FEET TO THE TRUE POINT OF BEGINNING.
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MORTGAGE ADDENDUM
09274S0e following is an Addendum to the Mortgage. The addendum shall be
. incorporated into, and recorded with, the Mortgage.
TAX EXEMPT FINANCING RIDER
This Tax-Exempt Financing Rider is incorporated into and shall be deemed to
amend the terms of the Mortgage to which it ili attached.
In addition to the covenants and agreements made in the Security instrument,
Borrower and Lender further covenant and agree as follows:
Lender, or such of its successors or assigns as may, by separate instrument,
assume responsibility for assuring compliance by the Borrower with the
provisions of this Tax Exempt Financing Rider, may require immediate
payment in full of all sums secured by Ws Security Instrument if:
a) All of part of the Property sold or otherwise transferred (other than
by devise, descent or operation of law) by Borrower to a purchaser
or other transferee:
i) Who cannot realSonably be expected to occupy the property
as a principal resident within a reasonable time after the sale
or txansfer, all as provided in Section 143(c) and (i) (2) of the
Internal Revenue Code; or
ii) Who has had a present ownership interest in a principal
residence during any part of the three year period ending on
the date of the sale or transfer, all as provided in Section
143(d) and (i) (2) of the Internal Revenue Code; or
iii) At an acquisition cost which is greater than 90 percent of the
average area purchase price (greater than 110 percent for
targeted area residences), all as provided in Section 143 (e)
a.nd (i) (2) of the Internal Revenue Code; or
iv) Whose family income exceeds applicable income limits as
provided in Section 143(f) and (i) (2) of the Internal Revenue
Code.
b) Borrower fails to occupy the property described in the Security
Instrument without prior written consent of the lender or its
successors or assigns described at the beginning of this Tax
Exempt Financing Rider, or
cj Borrower omits or misrepresents a fact that is material with
respect to the provisions of Section 143 of the Internal Revenue
Code in an applica.tion for the loan secured by this Security
Instrument.
References are to the Internal Revenue Code as amended, in effect on the date
of execution of the Security Instrument and are deemed to include the
implementing regulations.
BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions
in this Tax-Exempt Financing Rider.
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MPP 210-5 (Revised J.2/9~)
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000845