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HomeMy WebLinkAbout930481 --~I--~-- , {.../ ~ -_..----~.-.~---~- -----._--- ,--..--.-......-.--. ! I . 1 After Recordmg Return To: I I COUNTRYWIDE HOME LO~S, INC. MS SV-79 DOCUMENT PROCESSING P.O. Box 10423 [I Van Nuys. CA 91410-0423 Prepared By: ·1 ASHLEE PACK ' RECEIVED 6/18/2007 at 4:48 PM RECEIVING # 1011480 Cf 30'-f~ ~ BOOK: 662 PAGE: 615 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY :1 II II [Spnee Above This Lbll! For Recordioc Data} (0\ 3 S'"Ü BURTNESS [Bscrow!Closin9 00017020311406007 (Doc ID 41] MORTGAGE MIN 1000157-0008242726-7 DEFINITIONS Words used in multiple seotions of this document are defined below and other words are defined in Sections 3, ] 1,13, 18,20 and 21. Certain rules regarding Ule usage of words used in this document are also provided in Section 16. I (A) "Security Instrument" means this document, which is dated JUNE 12, 2007 , together with all Riders to this document. (B) "Borrower" is MATTHEW L BURTNESS, AN UNMARRIED MAN Borrower is the mortgagor under this Security Instrument. (C) "MERS" is Mortgage E1lectronic Registration Systems, Inc. MERS is a separate corporation that is acting solely as a nominee for Le~der and Lender's successors and assigns. MERS is the mortgagee under this Security Instrument. MERS is organized and existing under the laws of Delaware, and has 1111 address and telephone number ofP.Q. Bdx: 2026, Flint, MI 4850]-2026, tel. (888) 679-MERS. (D) "Lender" is I Countrywide Home Loans, Inc. dba America's Wholesale Lender Lender is a CORPORATIONI organized and existing undeF the laws of NEW YORK Lender's address is ·1 4500 Park Granada MSN# SVB-314, Calabasas, CA 91302-1613 (E) "Note" means the pro+SSOry note signed by Borrower and dated JUNE 12, 2007 ,The Note states that Borrower ov¡es Lender ONE lITß[DRED SIXTY THOUSAND EIGHT IfUNDRED and 00/100 Dollars (U.S. $ 160, 800.t ) plus interesl Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full notlater than JULY 01, 2037 . (Ii') "Property" means the property that is described below under the heading "Transfer of Rights in the Property ." WYOMING-Single Famlly-Fennle Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS I Pagalof11 ~ .6A(WY) (0005) CHl (08/05)(d VMP Mortgage Solutions, Inc. (800)621-72S1 Fonn 3051 1/01 CONVNA Hili ~ II HI ! . 1 702 0 3 1 1 4 0 0 0 0 0 2 0 0 8 A . ·--------... ---~---'-"._-....._.._-- . , _........:.-._-_._-~--~-_._---_. .~._---_._--.._._..~-_.~....~'._-~. O.9q] 0481 oon~16 DOC ID #: 00017020311406007 (G) "Loan" means the debt evidenoed by the Note, plus interes~ any prepayment charges and late charges due under the Note, and all s~ms due under this Security Instrument, plus interest. (II) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable): o Adjustable Rate Rider '0 Condominium Rider B Second Home Rider o Balloon Rider D Planned Unit Development Rider I -4 Family Rider o VA Rider 0 Biweekly Payment Rider OOther(s) [specifY] I (I) "Applicable Law" means all controlling applicable federal, stale and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of Jaw) as well as all applicable final, non-appealable judioial opinions. (J) "Community ASSOclatl~n Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. I (I{) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instnlment, which is initiated through an e1ectronic tenninal, telephonic instrument, computer, Dr magnetic tape Iso as to order, instruct, or authorJze a financial institution to debit or credit an account. Such term inolud~s, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiatdd by telephone, wire transfers, and automated clearinghouse tronsfers. (L) "Escrow Items" means 1hose items that are described in Section 3. (M) "Miscellaneous Procee~s" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than in~urance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (ili) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" ¡means insurance protecting Lender against the nonpayment of, or default on, the Loan. I (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts u'oder Section 3 of this Security Instrument. . (P) "RESPA" means the ~eal Estate Settlement Prooedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or snccessor Iegislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESP¡o." 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 "federnlly related mortgage loan" underRESPA. I (Q) "Successor In Intercst of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrojwer's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument se+res to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; lond (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, grant and convey to MERS (solely as nominee f~r Lender and Lender's successors and assigns) and to the successors and assigns ofMERS, with power ofsal~, the following described property located in the COUNTY of LINCOLN IType ofRocording ~urjsdiction] [Name of Recording Jurisdiction] I SEE EXHIBIT "A" ATTiCHED HERETO AND MADE A PART HEREOF. I I I I [ Parcel ID Number: 35192820012800 which currently has the address of I 612 N STATELINE RD, FREEDOM : [Streer/Cily] Wyoming 83120-8835 ("Property Address")' [Zip Codo] I . ~ -6AIWY) (0005) I CHL (08105) I i I , ¡ Pog.2nf11 Form 3051 1/01 ~-_.._..-:..__._-------; ,----..---.---..------ ---.--..--- , ' _......~,...._-_. --------~.--~ i IJ9.3048~l. I DOC ID .: 00017020311406007 TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, Dnd fixture~ now Dr hereafter a part of the property. All replacements aud additions shall also be covered by this SecuritY Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument, but, if necessary to oomply with law or custom, MERS (as nominee for Lender and Lender's succ~sors and assigns) has the right to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited tÓ, releasing and canceling this Security Instrument. BORROWER COVE~ANTS that Borrower is lawfully seised oftha estate hereby conveyed and has the right to mortgage, grant and convey the Property and that the Property is unencumbered, except for enoumbranoes of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform oovenants for national use and non-uniform covenants with limited va~iations by jurisdiction to constitute a uniform security instrument covering real property. I UNIFORM COVENt\NTS. Borrower and Lender covenant and agree as follows: 1. Payment of Prlnciþal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the prìncipal of, and interest 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 lunder the Note and tllis Security Instrument shall be made ill U.S. ourrency. However, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lbnder unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following fomls, as selected by Lender: (a) cash; (b) money order; ,(c) certified check, bank check, treasurer's cheok or cashier's check, provided any such cheek 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 de~ignated by Lender in accordance with the notice provisions in Section 1 S. Lender may return any payment or partial payment if the payment or pDrtial payments are insufficient to bring the Loan current. Lender may acoept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights heretmder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply suoh payments at the time suoh payments are accepted. If each Periodic Payment is appli~d as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold sJch unapplied funds until Borrower makes payment to bring the Loan current. If Borrower does not do so Jitl¡in a reasonable period of ûme, Lender shall either apply such funds or return them to Borrower. If not aJplied earlier, such funds will be applied to the outstanding principal balanoe under the Note immediately prior ¡to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relievel Borrower from making payments due under the Note and this Security Instrument or perfonning the covenants and agreements secured by this Security Instrument. 2. Application of Pa~ments or Procecds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the foJlowing order of priority: (a) interest due under the Note; (b) principal duc un~er 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 b ther amounts due under 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 an'1 late charge due, the payment may be applied to the delinquent payment and the late charge. If more than ode Periodio Payment is outstanding, Lender may apply any payment received from Borrower to the repaymentl of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent tllat any excess exists after the payment is applied to the full payment of one or more Periodic Payments, such ;kcess may be applied to any late charges due. Voluntal)' prepayments shall be applied first to any prepayrrlent charges and then as described in the Note. Any application of pa~ments, 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 ~tems. 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 lother items which can attain priority over this Security Instrument as a lien or encumbrance on the Proper¡tY; (b) leasehold payments or gronnd rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insnranoe premiums, if any, or any sums payable by Bon-ower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the provisilJlls of Section (0. These Hems are called "Escrow Items." At origination or at any time during the term of the Loan, Lender may require that Community Assooiation Dues, Fees, and Assessments, if any. be esctowed by Borrower, and such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly fU+liSh to Lender all notices of amounts to be peid nnder tllis Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender wsives Borrower's obligation to pay the Funds for allY or all Escrow Items. Lende¡' may waive Borrowers obligation to pay to Lender Funds for any or all Escrow I ~ .6A(WY) (0006) CHL (08/06) oon~17 Pags 3 0' 11 Form 3051 1/01 -~""-~--'---_._-'-' ......._-_._~_.~ ._----.~,.- " .9.10481~ OOn€1S DOC ID #: 0001702031140G007 Items at any time. Any suc¡ h waiver may only be in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amonntB 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 aJ Lender may require. Borrower's obligation to make such payments and to provide receipts shall for all puI!P¡ oses be deemed to be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreement" is used in Section 9. 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 9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any snch amount. Lender may revoke the waiver as to any or all Escrow Items at any time by a notIce given in accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all Funds, a~d in such amounts, that are then required under this Section 3. Lender may, at any time, colleot and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at the time speoifietl under RESPA, ond (b) not to exceed the maximum amount a lender can require under RESPA. Lender shAll estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures ~ffuture Escrow Items Or otherwise in accordanoe 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 r.pply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not 9harge Borrower for holding and applying the Funds, annually analyzing the escrow account, Or verifying the rscrow Items, unless Lender pays Borrower interest on' the Punds and Applicable Law permits Lender to ~ake such a charge. Unless an agreement is made in writing or Applicable Law requires interest to be paid Ion the Punds, Lender shall not be required to pay Borrower any interest or earnings on the Punds. Borrower and Lender can agree in writing, however. that interest shall be paid on the Funds. Lender shall give to Borroo/er, without charge, an annual accounting of the Funds as required by RESPA. If there is a surplns ofPunds held in escrow, as defined under RESPA, Lender shall account to Borrower for tl1e excess funds ill ac¿ordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to mak~ up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If \here is a deficiency of Funds held in escrow, as defmed under RESP A, Lender shall notify , I Borrower as requIred by 1p?SP 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 futof all sums secured by this Security Instrument, Lender shall promptly refund to Borrower any Funds held br Lender. 4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the Property whioh can 4ttain priority over tltis Security Instrument, leasehold payments or ground rents on the Properly, If any, and C9mmunity Association Dues, Fees, and Assessments, if any. To the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3. Borrower shall promþtly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in wri!ing to the payment of the obligation secured by the lien in a manner acccptable to Lender, but only so long a~ Borrower is performing such agreement; (b) contests the lien in good faith by, Dr defends against enforoemedt of the lien iu, legal proceedings which in Lenders opinion operate to prevent the enforcement of the lien whIle those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the hol~er of the lien an agreement satisfactory to Lender sUbordinating the lien to this Security Instrument If Le~der determines that any part of the Property is subject to a lien which con attain priority over this Security Ipstrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that nøtice is given, Borrower shall satisfy tl1e lien Dr take one or more of the actions set forth above in this Section ~ Lender may require B rrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in c nnection with this Loan. 5. Properly Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Properly insured against ¡OfS by fire, hazards included within the term "extended coverage," and any other hazards including, but not I limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintai~ed in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier pro~iding the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with riS Loan, either: (a) a one-lime charge for flood zone determination, certification and tracking services; or (11) a one-time charge for flood zone determination and certification services and subsequent oharges each time remappings or similar changes ocour which reasonably might affeot snch determination or cenificatio~. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Managpment Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to Inaintain any of the covemges described above, Lender may obtain insurance coverage, at Lender's optioJ and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coveragr.l. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equi in the Property, Dr the contents of the Property, against any risk, hazard ~ .6A(WY)(OO05) CHl ( 8/05) Pag. 4 .r 11 Fonn 3051 1/01 ~--'-'-'~~-----~ .~-.. ----_._~.---.--_. ~_._---- "~304~i OOnGt9 DOC ID #: 00017020311406007 or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that tIle cost of the insurahce coverage so obtained might signifioantly exoeed the oost of insurenoe that Borrower could have obtainbd. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower reqnesting payment. ~ All insurance policies equired by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional loss[payee. Lender shall have the right to hold the pollcies and renewal certificates. If Lender requires, Borrower ~hall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any fomiJ¡ of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Propertyl such policy shall include a standard mortgage olause and shall name Lender as mortgagee and/or as an add\tionalloss payee. 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, any Insurance proceeds, whether or not tl1e underlying insurance was required by Lender, shall be applied to restoration or r~pair of the Property, if the restoration or repair is economically feasible and Lender's security is not lesstl ned. During such repair and restoration period, Lender shall have the right to hold snch insurance proceeds un il Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disbnrse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is oompleted. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proþeeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for pulJlic adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of BorTower. If the restoration or repair is not economically feasible Dr Ldnder's security would be lessened, the insurance prooeeds shall be applied to the sums secured by this Securi~ Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shrill be applied in the order provided for in Seotion 2. If Borrower abandons ~e Property, Lender may me, negotiate and settle any available Insurance olaim and related matters. If Bonywer does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle,~ claim, then Lender may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender acquires the Property under Seotion 22 or otherwise, Borrower hereb~ assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts~npaid under the Note or this Security Instrument, and (b) any other of Borrower's rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property, insofar as such rights are applicable to the coverage of tho Property. Lender may use the insurance proceeds eith;r to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. 6. Occupancy. Borro~r shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's principal residerce for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower'F control. 7. Preservalion, Mawtenance and Protection of tile Property; Inspections. Borrower shall not destroy, damage or impair ~e Property, allow the Property to deteriorate or commit waste on the Property. Whetl1er or not Borrower is ¡residing in the Property, Borrower shall maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is detern1Îned pursuant to Section 5 that repair or restO¡ration is not economioally feasible, Borrower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to or the taking of, the Property, Borrower shall be responsible for repairing or restoring the Property only !f Lender has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restora ion in a single payment or in a series of progress payments as the work is completed. If the insurance Dr condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved ofElorrower's obligation for the oompletion of such repair Dr restoration. Lender or Its agent rhay make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender ~ay inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time .ff or prior to such an interior inspection speciJying such reasonable cause. 8. Borrower's Loall ~PPllcatJon. Borrower shall be in default if, during the Loan applicalion process, Borrower or any persons 0 entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially fal e, misleading, or inaccurate infonnation or statements to Lender (or failed to provide Lender with materi I infonnation) in oonnection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. ~ -6A(WY)(0005) CHL ( BIOS) Pogo 5 of 11 Form 3051 1/01 -<--- ~-'-- o,.~ ~.}j31 oor~620 DOC ID n: 00017020311406007 9. Protection of Lend~r's Interest 10 the Property and Rights Under this Security Instrument. If (a) Borrower fails to perform the covenant:¡ and agreements contained in this Security Instrument, (b) there is a legal proceeding that mig* significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such jas a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien wh,ich may attain priority over this Security Instrument or to enforce laws or regulations), or (0) BorrovJer has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate tal protect Lender's interest in the Property and rights under this Security Instrument, including proteoting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's actions oan includo¡:, but are not limited to: (a) paying any sums secured by a lien which has priority over this Security Instrume~t; (b) appearing in court; and (0) paying reasonable attorneys' fees to protect its interest in the Property anWor rights under this Security Instrument, including its secured position in a bankruptcy proceeding. S~Uring the Property includes, but is not limited to, entering the Property to make repairs, change locks, repla e or board up doors and windows, dmin water from pipes, eliminate building or other code violations or da gerous conditions, and have utilities turned on or off. Although Lender may take action under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender inours no liability for not taking any or all actions authorized under this Section 9. Any amounts disburse, by Lender under this Section 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with sl!lch interest, upon notice from Lender to Borrower requesting payment. If this Security InstrurJ¡ent is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee ti¡le to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writfug. 10. Mortgage Insurabce. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the pren1iums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance cove~ge required by Lender ceases to be available from the mortgage insurer that previously provided such iinsurance and Borrower was required to make sepamtely designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to tI\e Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mohgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially Jquivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amoun~ of the separately designated payments that were due when the insurance coverage ceased to be in effect Lender will accept, use and retain these payments as a non-refundable loss reserve in lieu of Mortgage ,nsurance'lsuch loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, at d Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender oan n longer require loss reserve payments if Mortgage Insurance ooverage (in the amount and for the period ~hat Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and I.;ender requires separately designated payments toward 1he premiums for Mortgage Insllmnce. If Lender requited Mortgage Insnrance as a condition of making the Loan and Borrower was required to make sepamtel~ designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums req~ired to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's req~ement for Mortgage Insnranoe ends in acoordance with any written agreement between Borrower and Len er providing for such termination or until termination is required by Applicable Law. Nothing in this Sectio 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insumnce r imburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not r pay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers eva~ate their total risk on all such insumnce in force from time to time, and may enter into agreements with other arties that share or modifY their risk, or reduce losses. These agreements are on terms and conditions that re satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreeme?ts may require the mortgage insurer to make payments using any source of funds that the mortgage insurer ~aY have available (which may include funds obtained from Mortgage Insurance premiums). As a result of these a reements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or mOdifYing the ~\ortgage insurer's risk, or reducing losses. If such agreemen1 provides that an affiliate of Lender takes a hare of the iusurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is lfien termed "captive reinsurance." Further: (D) Any such agree1ll1nts will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other te ms of the Loan. Snch ogreements will not Inerease (he amount Borrower will owe for Mortgage Insuran e, and they will not entitle Borrower to any refund. ~.6A[WY)(0005) CHL( 8/05) PBgB8or1t Form 3051 1/01 , , ----~-~--~-----~----._...._---_. i :Cf .3. (:)481. .--.----.------ oonC21 DOC ID #: 00017020311406007 (b) Any such agree ents will not affect the rights Borrower bas. iC any - with respect to the Mortgage Insurance uudJr Ihe Homeowners Protection Act of 1998 or Dny other law. These rights may include the right to receive certain disclosures, 10 request and obtain cancellation oC the Mortgage Insurance, to have tbe M6rtgage Insurance terminated automatically, and/or to receive a refund of any Mortgage Insurance pren:hums that were unesrned at the time of such cancellation or termination. 11. Assignment of Miscellancous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to und shull be pai~ to Lender, If Ule Property is da~aged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if the restoration ?,r repair is economically feasible and Lender's security is not lessened. During such repair and restoration perio~, Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity to insptct such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspectìÒn shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement or id a series of progress payments as the work is completed. Unless an agreement is made in writing or APpJic+le Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrpwer any interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender's security would be lessened, the Miscellaneous Proceeds shall be applied to the sums sec¿red by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Mi~cellaneous Proceeds shall be applied In the order provided for in Section 2. In the event of a tota!taking, destruction, or loss in value of the Property, the Miscellaneous ProcC(;ds shall be applied to the sum secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. In the event ofa partial taking, destruction, or loss in value of the Property In which the fair market value of thc Property immediatelr before the partial taking, destruction, or loss in value is equal to or greater than the amount of the sums secpred by this Security Instrument immediately before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the sums secured by this Security Instrument shall be redUCe~bY the amount ofthe Miscellaneous Proceeds multiplied by the following fraction: (a) the total amount of the snms secured immediately before the partial taking, destruction, or loss in value divided by (b) the fair mar et value of the Property immediately before the partial taking, destruction, or loss in value. Any balance shall be paid to Borrower. In the event of a parti~l taking, destruction, or loss in value of U\e Property in which the fair market value of tile Property immediatelr before the partial taking, destruction, or loss in value is less than the amount of the sums secured immedia¡eIY before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agree in ¡miting, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument whethet or not the sums are then due. If the Property is abaÓdoned by Borrower, or if, after notice by Lender to Borrower that the Opposing Party (as defined in the next sentence) offers to make an award to settle a claim for damages, Borrower fails to respond to Lender within 3b days after the date the notice is given, Lender is authorized to colleot and apply the Miscellaneous proceedF either to restoration or repair of the Property or to the sums secured by this Security Instrument, whetllFr or not then due. "Opposing Party' means Ule third party that owes Borrower Miscellaneous Proceeds or ~he party against whom Borrower has a right of action in regard to Miscellaneous Proceeds. Borrower shall be in default if aay action or proceeding, whether civil or criminal, is begun that, in Lender's judgment, could r1sult in forfeiture of the Property or other material impairment of Lender's interest in the Property or rights unper this Security Instrument Borrower can cure such a deCault and, if acceleration has occurred, reinstate as provided in Section 19, by causing the action Dr proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of tile Property or other material Impairment of Lender's interest in the Property orlrights under this Security Instrument. The proceeds of any award or claim for damages that are attributab e to the impaimlent of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Propeeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not rteleased¡ Forbearance By Lender Not a Waiver. Extension of the time for payment or modification or!amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor ~n Interest of Borrower shall not operate to release the liability of Borrower Dr any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of BOEwer or to refuse to extend time for payment or otherwise modiJy amortization of the sums secured by this S curity Instrument by reason of any demand made by tile original Borrower or any Successors in Interest of B· rrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender'J acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts leS¡1 than the amount then due, shall not be a waiver of or preclude the exercise ofany right or remedy. 13. Joint and Several LIability; Co-signers¡ Successors and AssIgns Bound. Borrower covenants and agrees that Borrower's Obll.gations and liability shall be joint and several. However, any Borrower who co-signs this Security Inst ment but does not execute the Note (a "co-signer"): (a) is co-signing this Security ~,.6A(WY)(OOOS) CHL ( 8/05) Page 7 D' 11 Form 3051 1/01 _._--_.~_._.. .__....,-._._.._--._.-..-..~---------_.- I I F 3 (¡ L/ ~ \ ooc '" .:::~~,:,"", Instrument only to mortgage, grant and oonvey the co-signer's interest in the Property under the terms of this Security Instrument; (b) isl not personally obligated to pay the sums seoured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modi/ÿ, forbear or make any accommodations with reg~rd to the terms of this Security Instrument or the Note without the co-signer's consent. I Subject to the provisIons of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Sec~rity Instrument in writing, and Is approved by Lender, shall obtain all of Borrower's rights and benefits under tris Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Se9urity Instrument unless Lender agrees to such release in writing. The covenants and agreements of this securitY¡lnstrument shall bind (exoept as provided in Section 20) and benefit the suocessors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's default, for t~e purpose of protecting Lender's interest in the Property and rights nnder this Security Instrument, inclulling, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, th~ absenoe of express anthority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the cherging of such fee. Lender may not charge fees that are expressly prohibited bJ this Security Instrument or by Applicable Law. If the Loan is sllbje~/ to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other ¡ban charges collected or to be collected in oonnection with the Loan exceed the pennitted limits, then: (a) ~ny such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any slims already collected fi'om Borrower which exceeded pennitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a directlpayment to Borrower. Ifa refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). BorrowJr's aoceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15, Nolices. All notides given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower ~hen mailed by first class mail Dr when aotually delivered to Borrower's notice address if sent by other means. Notice to anyone Borrower shall constitute notice to all Borrowers unless Applicable Law expressl~ requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly noti(y Lender of Borrower's chan1ge of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower sha'1l only report a change of address through that specified procedure. There may be only one designated notice laddress under this Security Instrument at anyone time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to havè been given to Lender until actually received by Lender. If any notice required by this Security Instrument is lalso required under Applicable Law, the Applicable Law requirement will satls/ÿ the corresponding requirement under this Security Instrument. 16. Governing Law; ISeverablllty; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiotion in which the Property is located. All rights and obligations contained in this Security IInstrument are subject to any requirements alld limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but suoh silence shall not be bonstrued as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other Provisionslof this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this See rity Instrument: (a) words of the masculine gender shall mean and include correspollding ncuter word~ or words of the feminine gender; (b) words in the singular shall mean and inolude the plural and vice versa; !md (c) the word "may" gives sole discretion without any obligation to take any action. j 17. Borrower's Copy Borrower shall be given one copy ofthe Note and of this Security Instrument. 18. irønsfer of the ¡property or II Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests tr~nsferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent ofwhlch is the transfer of title by Borrower at a future date to a purchaser. If all or any part of th9 Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a benEficial interest in Borrower is sold or transferred) without Lender's prior wrilten consent, Lender may require immediate payment in full of all sums secured by this Security Instrumenl. However, this option shall .tot be exercised by Lender if suoh exercise is prohibited by Applicable Law. If Lender exercises t¡\is option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not les~ than 30 days from the date the notice is given in accordance with Section 15 within which Borrower mu~t pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expirati9n of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. I q -SA(WY) (0005) CHL riDS) Page 8 of 11 Fonn 3051 1/01 _~___w___.__~ ---..------- __'___"'__'_'~h'~ ___~_____J_. cr oOlt8 , oonB""3 DOC ID *: 00017020311406007 ., " ... "'"' 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might specifY for the termination of Borrower's rigbt to reinstate; or (c) entry of a judgment enforcing this Security Instrument Those conditions are that Borrower: (a) pays Lender all sums o/hiCh then would be due under this Security Instrument and the Note as if no accelemtion had occurred; (b) cures any default of any other covenants or agreements; (0) pays all expenses incurred in enforcing this I Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valµation fees. and other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure that Ledder's interest in the Property and rights under this Security Instrument, and Borrower's obligation to pa~ the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay suoh reinstatement sums and expenses 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 cheok, provided any such cl1eck is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity; o~ (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and obligations I secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18. 20. Sale of Note; ChJnge of Loan Servlcer; Notice of Grievance. The Note or a partial interest in the Note (together with this Se¿urity Instrument) can be sold one or more times without prior notice to Borrower. A sale might result in a chJnge in the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Note and thislsecurity Instrument and performs other mortgage loan servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a said of the Note. If there is a change of thc Loan Servicer. Borrower will be given writtel! notice of the changb which will state the name and address of the new Loan Servicer, the address to which payments should be Imade and any other information RESP A requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than tl1e purchaser of the Note, the u\ortgage loan servicing obligations to Borrower will remsin with the Loan Servicer or be transferred to a sucC!1ssor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Note purchåser. Neither Borrower norl Lender may commence, join. or be joined to any judicial action (as either an individual litigant Dr the member of a class) that arises ITom the other party's actions pursuant to this Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument, un~til such Borrower or Lender has notified the other party (with such notice given in compliance with the requir¿ments of Section IS) of such alleged breach and afforded the other party hereto a reasonable period after the biving of such notice to take corrective action. If Applioable Law provides a time period which mnst elapse btfore oertain aotion can be taken, that time period wiIJ be deemed to be reasonable for purposes of this paragraþh. The notice of acoeleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfY the notice and opportunity to take corrective action provisions of this Section 20. 21. Hazardous Subsl~nces. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardbus substances, pollutants. or wastes by Environmental Law and the following substances: gasoline, kerosÓne, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents. materiJls containing asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" meads federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or enviroþmental protection; (c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" means a condition that can ¿ause, contribute to, or otherwise trigger an Environmental Cleanup. Borrower shall not duse or permit the presence. use, disposal, storage, or release of any Hazardous Substances, or threaten to rólease any Hazardous Substances, on or in the Property. Borrower shall not do. nor allow anyone else to do, anhhing affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmfntat Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding two sentences shall not apply to the presdnce, use, or storage on the Property of small quantities of Hazardous Substances lhat are generally recognizc!d to be appropriate to normal residential uses and to maintenance of the Property (including. but not limited th, hazardous substances in consumer products). Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action by any goverPmental or regulatory agency or private party involving the Property and any Hazardous Substance or En~ironmenta¡ Law of which Borrower has actual knowledge, (b) any Environmental Condition, including but not limited to, any spilling. leaking. discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified by ,any governmental or rcgulotory authority, or an~ private porty, that ony removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. No~!ing herein shall create any ohligation on Lender for an Environmental Cleanup. I ~ -6A(WY) (ao06) 'TO i Page 9 of 11 Fonn 3061 1/01 __M.____.__....__..~___ :...._----_.__._--~-~....._----'~-------=-----_._.~.....~- DOC ID #: 00017020311406007 NON-UNIFORM C0VENANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior 10 acceleration following Burrower's breach of ~ny covenant or agreement in this Security Inslrument (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice sball speeìfY: (a) the default; (b) Ihe action required to cure the default; (c) a date, not less than 30 days from the date the ootice Is given to ßorrowel', by which the default most be cured; and (d) that failure to cure the default on or before tbe date specified In Ibe notice may result in acceleration of tbe sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of tbe right to reinstate aRer acceleratl~n and the right to bring a court action to assert the non~existence of a default or any other defense of Borrower to acceleration and sale. If the default Is not cured on or before the date specined in the no(ice, Lender at its option may require immediate payment In full of all sums secured by this Security Instrument without further demand and may Invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entilled to collect all expenses Incurred in pursuing the remedies provided in this Section 22, including, but not limited to, ~easonable attorneys' fees and costs of title evidence. ' 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 Properly, if different, in accordance wilh Applicable Law. Lender sball gIve notice oClhe sale to Borrower In Ihe manner provided In Section 15. Lender shall publish the notice of sale, and the Pr?perty sball be sold In the manner prescribed by Applicable Law. Lender or Its designee may purchase the Property at any sale. The proceeds of the sale shall be applied In the follolVing order: (a) 10 all expenses of the sale, including, but not limited to, reaso~able attorneys' fees; (b) 10 all sums secured by tbis Security Instrument; and (c) any excess to the person or persons legally en tilled to it. I ~ 23. Release. Upon l1ayment of all sums secured by this Security Instrument, Lender shall release this Security Instrument. Borrower shall pay any reoordatlon oosts. Lender may charge Borrower a fee for releasing this Security Inslrument, but only if Ihe fee is paid 10 a third party for services rendered and the charging of the fee is pennitted under Applicable Law. ' 24. Waivers. Borrower releases and waives all rights under and by virtue of the homestead exemption laws of Wyoming. I i BY SIGNING BELQW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any Rider executed by Borrower and reoorded with it. i I I I i I 1 I ~.6A{WY) (0005) CHL (OB/06) ! q3ðL/~ \ ~,.. , MATTflEiI 1,. BURTNESS Pago10 or 11 ¿.^- (Seal) ·Borrower (Seal) -Borrower (Seal) -Bo1Tower (Seal) ..Borrower FOnTI 3061 1/01 oonf;24 ........--....--. ---.-_.~. q3ð11~1 (J)/þ{~ by DOC ID #: 00017020311406007 I County 85: \-C~, )\J'~ ê010 '"'\ 1 1 1 1 1 I STATE OF WYOMING, MELISSA CAPENER . NOTARY PUBLIC County of State of Teton WY9ming My CommissIon ExpIres 1 O/~9/2007 My Commission Expires: :\0 \ L c,- \ c:> ~ " . I C) ~-"l. '0-,'0. "iA : ~ \L-l ^ ~ ~ N_,",". . I \ - - cS(, .6A(WY} (0005) CHL (08/05) Povo1t 0111 Fonn 3051 1/01 ~_'---·_"'_ø_"__'''.d''_''___'''' . .~--."--"--- . -..---~._-~..._----- 4DÔ:L~ '6 \ lo;JlO Prepared by: ASH LEE PACK DATE: CASE #: DOC ID #: 170203n4 BORROWER: MATTHEW L. BURTNESS PROPERTY ADDRESS: 612: N STATELINE RD , ,", "F~;E'I):P.A'ì"!':, :.wy.. .~;:3f.ftQ,"7,8 B 35 ; ·:~Lì~VDESCRI:PTION'"EXHIBIT A 06/12/2007 Countrywide Home Loans, Inc. dba America's Wholesale Lender I I Branch #: 0000918 6154 NORTH MEEKER PLACE-ST 200 BOISE, ID 837131 Phone: (208)37512424 Br Fax No_: (877)287-7006 - . -. PARCEL 1: Beginning at a point which is 28 rods (462 feet) North of the Southwest corner of Lot 2, Section 28, Township 35 North of Range 119 west of the 6th Prihcipal Meridian; and running thence East 5 rods (82.5. feet); thence North 8 rods (132,0 feed; thence West 5 rods (82.5 feet); thence South 8 rods (132.0 feet), to the pdint of beginning. I PARCEL 2 A: A portion of Lot 2 of Section 28, Township 35 North,IRange 119 West of the 6th P.M., Lincoln County, Wyoming being more particularly described as follows: I Beginning at a point in the West line of said Lot 2, said point being 422.95 feet North from the Southwest comer of said Lot 2, as set by this survey; Thence North, along the said West line, 198.84 feet; Thence South 89036'30" East, along an existing fence, 190.65 feet, to an existing fence comer; Thence South 00°46'22" East, along an existing fence, 197.56 feet; l Thence West 193.31 feet, to the point of beginning. PARCEL 2 B: A portion of Lot 2 ofSectÎon 28, Township 35 North, ange 119 West of the 6th P.M., Lincoln County, Wyoming being more particularly described as follows: I Beginning at a point in the West line of said Lot 2, said point being 24 r.50 feet North from the Southwest comer of said Lot 2, as set by this survey; Thence North, along the said West line) 175.45 feet; Thence East 193.31 feet, to an existing fence; Thence South 00°04'07" East, along an existing fence, 176.80 feet; Thence North 89°36'00" West 193.10 feet, to the point of beginning. "23991" " 1