HomeMy WebLinkAbout938774
6010816654
Return To:
COUNTRYWIDE BANK, FSB
MS SV-79 DOCUMENT PROCESSING
P.O. Box 10423
Van Nuys, CA 91410-0423
RECEIVED 5/5/2008 at 4:48 PM
RECEIVING # 938774
BOOK: 693 PAGE: 794
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Prepared By:
MICHELLE SALAS
000794
WY5911030342703
(Case It]
[Space Above ThJ. LlDe For Recol'dJag Data)
6010816654
[Escrow/closing It)
00018989333104008
(Doc ID #J
State of Wyoming
MORTGAGE
FHA Case No,
WY5911030342703
MIN 1001337-0003056376-4
THIS MORTGAGE ("Security Instrument") is given on APRIL 25, 2008 . The Mortgagor is
CASEY TRAVIS JORGENSON, AND HEATHER ANN JORGENSON, HUSBAND AND WIFE
AKA Casey T. Jorgenson
,
1\
("Borrower"), This Security Instrument IS gIven to Mortgage ElectronIc RegistratIOn Systems, Inc, ("MERS"),
(solely as nomínee for Lender, as hereinafter defined, and Lender's successors and assigns), as mortgagee.
MERS 1.~ organized and exi.~tJng under the laws of Delaware, and has an address and telephone number of
P,O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MBRS.
COUNTRYWIDE BANK, FSB
("Lender") IS orgamzedand eXIsting under the laws of THE UNITED STATES ,andhasanaddressof
1199 North FaLrfax St. Ste.500, AlexandrLa, VA 22314
Borrower Owes Lender the pnnc1pal sum of
TWO HUNDRED EIGHT THOUSAND THREE HUNDRED FIFTY SIX and 00/100
i
Dollars (U.S. $ 208, 356.00 ). TIns debt is evidenced by Borrower's note dated the same date as this
Secunty Instrument ('Note"), which provides for monthly payment~, with the fuU debt, if not paid earlier, due and
payable on MAY 01, 2038 , ThIS Security Instrument secures to Lender: (a) the repayment of
the debt evidenced by the Note, wíth interest, and all renewals, extenSIOns and modifications of the Note; (b) the
payment of aU other sums, with ínterest, advanced under paragraph 7 to protect the security of this Security
Instrument; and (c) the perfonnance of Borrower's covenants and agreement9 under thIS Security Instrument and the
Note. For thIS purpose, Borrower does hereby mortgage, grant and convey to MERS (solely as nominee for Lender
and Lender's successors and assigns) and to the successors and asSIgnS of MERS with power of sale, the foUowing
described property located 10 LINCOLN County, Wyommg:
LOT 88 OF NORDIC RANCHES DIVISION NO 7, LINCOLN COUNTY, WYOMING AS
DESCRIBED ON THE OFFICIAL PLAT FILED ON MAY 8, 1996 AS INSTRUMENT NO 819464
OF THE RECORDS OF THE LINCOLN COUNTY CLERK HUD LABEL NUMBERS IDA195552 AND
IDA195553 NASHUA MODEL 7028 YEAR 2000 SERIAL NUMBER NNID39122AB 3TL603 LAND
AND HOUSE "WHICH IS AFFIXED TO AND MADE PART OF THE REAL PROPERTY"
FHA Wyoming Mortgage with MER8 - 4196
MERS FHA Mortgage-WY
2004N-WY (11/07)(dIi)
IIIII~I
· 2 3 991 ·
Page 1 of 7
Amended 2101
II 11111111 I!IIIII 1111I 1
* 1 898 9 3 3 3 1 0 0 0 0 0 2 004 N ·
000795
CASE #: WY5911030342703
ParcelID Number: 12-3619-26-2-00-186.00
which has the address of
DOC ID #: 00018989333104008
247 BUCKSKIN WAY, ETNA
[Street, City]
Wyommg 83118-9721 ("Property Address");
[Zip Code]
TOGETHER WITH all the Improvements now or hereafter erected on the property, and all ea.~emenl8,
appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be
covered by this Security Instrument. AIl of the foregomg is referred to in thIS Security Instrument as the "Property. ,.
Borrower understands and agrees that MERS holds only legal title to the intereSL~ granted by Borrower in this
Secunty Instrument; but, if necessary to comply with law or custom, MERS, (as nommee for Lender and Lender's
succes.~ors and assigns), has the right: to exercise any or all of those interests, includmg, but not hmited to, the right
to foreclose and sell the Property; and to take any acb.on required of Lender mcIuding, but not hooted to, releasing
or canceling thIS Security Instrument
BORROWER COVENANTS that Borrower is lawfully seIzed of the estate hereby conveyed and has the
nght to mortgage, grant and convey the Property and that the Property IS Wlencumbered, except for
encumbrances of record. Borrower warranL~ and wiII defend generally the title to the Property agamst all claims
and demand~, subject to any encumbrances of record.
THIS SECURITY INSTRUMENT combInes unifonn covenants for natIOnal u.~e and non-unifonn covenanL~
with limited variatIons by juri.<¡ructIon to constitute a uniform secunty instrument cove.nng real property.
Borrower and Lender covenant and agree a.~ follows:
UNIFORM COVENANTS
1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of,
and interest on, the debt evidenced by the Note and late charges due under the Note,
2. Monthly Payment of Taxes. Insurance and Other Charges. Borrower shall Include in each
monthly payment, together with the principal and lnterest a.<¡ set forth in the Note and any late charges, a sum for
(a) taxes and SpecIal a.~se:;smenL~ levIed or to be leVIed against the Property, (b) leasehold payments or ground
rents on the Property, and (c) premiums for insurance required under paragraph 4. In any year in which the
Lender must pay a mortgage msurance premium to the Secretary of Housmg and Urban Development
("Secretary"), or in any year in which such premium would have been required if Lender still held the Security
Instrument, each monthly payment shall also mclude either: (i) a sum for the annual mortgage insurance
premIum to be paid by Lender to the Secretary, or (ii) a monthly charge mstead of a mortgage insurance
premIum if this SecurIty Instrument IS held by the Secretary, lß a reasonable amount to be detemuned by the
Secretary. Except for the monthly charge by the Secretary, these items are called "Escrow Items" and the sums
paid to Lender are called "R~crow Funds."
Lender may, at any time, collect and hold amounts for Escrow Items in an aggregate amount not to exceed
the maximum amoWlt that may be requked for Borrower's escrow accoWlt Wlder the Real Estate SettJement
Procedures Act of 1974, 12 U,S.C. Section 2601 et seq. and implementmg regulatIons, 24 CPR Part 3500,
as they may be amended from time to time ("RESPA"), except that the Cu.<¡hlOn or re,.,erve permitted by RESPA
for WlantIcipated disbursemenL~ or disbursements before the Borrower's payment.') are available In the accoWlt
may not be based on amounts due for the mortgage Insurance prem1Um.
If the amounts held by Lender for Escrow Items exceed the amounts permitted to be held by RESP A,
Lender shall account to Borrower for the excess funds as required by RESP A. If the amounts of fund~ held by
Lender at any time are not sufficient to pay the R~crow Items when due, Lender may notify the Borrower and
reqwre Borrower to make up the shortage as permitted by RESP A.
The E.~crow Funds are pledged as additional security for all sums secured by this Security In.<¡trument.
If Borrower tenders to Lender the full payment of all such sums, Borrower's account shall be credited with the
balance remairung for all insw.llment item<¡ (a), (b), and ( c) and any mortgage Insurance premium installment that
Lender has not become obligated to pay to the Secretary, and Lender shall promptly refund any excess fund~
to Borrower. Immediately prior to a foreclosure sale of the Property or its acquisition by Lender, Borrower's
account shaH be credited with any balance remainíng for alllOstallments for Items (a), (b), and (c).
3. Application of Payments. All payments under paragraphs 1 and 2 shall be applied by Lender
a.~ follows;
First, to the mortgage msurance premium to be paid by Lender to the Secretary or to the monthly charge
by the Secretary instead of the monthly mortgage insurance premium;
~, to any taxes, special assessments, leasehold payments or ground rents, and fire, flood and other
hazard insurance premiums, as required;
Third, to Interest due under the Note;
Wr!h, to amortization of the princIpal of the Note; and
Fifth, to late charges due under the Note.
4, FJre, Flood and Other Hazard Insurance. Borrower shall Insure all Improvements on the Property,
whether now m existence or subsequently erected, agalOst any hazards, casualtIes, and contmgencles, including
flre, for which Lender requires msurance, This Insurance shall be maintamed in the amounL~ and for the perìod~
that Lender requIres. Borrower shall also Il1sure all improvements on the Property, whether now 111 eXIStence
or subsequently erected, against loss by flood~ to the extent reqUired by the Secretary. AU insurance shall
be carried with comparues approved by Lender, The insurance polIcIes and any renewals shall be held by
Lender and shall mcIude loss payable clauses in favor of, and 1ll a fann acceptable to, Lender.
MERS FHA Mortgsge.WY
2004N-WY (11/07) .
P~e 2 of 6
-------
000796
CASE t: WY5911030342703
DOC ID #: 00018989333104008
In the event of loss, Borrower shall give Lender Immediate nOUce by mail. Lender may make proof of loss
if not made promptly by Borrower. Each insurance company concerned IS hereby authorized and directed
to make payment for such loss dIrectly to Lender, instead of to Borrower and to Lender Jointly. AIlor any part
of the insurance proceeds may be applied by Lender, at its option, either (a) to the reduction of the ìndebtedness
under the Note and thI.~ Security Instrument, first to any delinquent amount~ applIed in the order III paragraph 3,
and then to prepayment of prinCIpal, or (b) to the restoration or repair of the damaged Property. Any application
of the proceeds to the princIpal shall not extend or postpone the due date of the monthly payments which are
referred to in paragraph 2, or change the amount of such payments. Any excess insurance proceeds over
an amount reqwred to pay all outstandIng mdebtedness under the Note and this Security Instrument shall be paid
to the entity legally entitled thereto.
In the event of foreclosure of this Security Instrument or other transfer of title to the Property that
extmguishes the mdebtedness, all right, title and Interest of Borrower in and to insurance policies in force shall
pass to the purchaser,
S. Oc:c:upanc:y, Preservation, Maintenance and Protection of the Property; Borrower's Loan
Appllc:ation; Leaseholds. Borrower shan occupy, establish, and use the Property as Borrower's princIpal
residence within sixty days after the execution of this Security Instrument (or within SIXty days of a later sale
or transfer of the Property) and shall continue to occupy the Property as Borrower's principal residence for
at least one year after the date of occupancy, unless Lender determines that reqwrement wiU cause undue
hardship for Borrower, or unless extenuating cIrcumstance.~ eXI.~t which are beyond Borrower's control.
Borrower shall notify Lender of any extenuating CIrcumstances. Borrower shall not commit waste or destroy,
damage or substantially change the Property or allow the Property to deteriorate, reasonable wear and tear
excepted, Lender may inspect the Property if the Property is vacant or abandoned or the loan is in default.
Lender may take reasonable actIon to protect and preserve such vacant or abandoned Property. Borrower shall
also be In default if Borrower, during the loan application proce.~s, gave materially false or inaccurate
information or statement.~ to Lender (or failed to provide Lender with any material information) in connection
with the loan evidenced by the Note, includmg, but not limited to, repre.~entatJons concernIng Borrower's
occupancy of the Property as a principal residence. If this SecurIty Instrument is on a lea.<Jehold, Borrower shall
comply with the provisIOns of the lease, If Borrower acqwre,~ fee title to the Property, the 1ea.~ehold and fee title
shall not be merged unless Lender agrees to the merger in writIng,
6. Condemnation. The proceeds of any award or claim for damages, direct or consequential,
ill connection with any condemnatIOn or other taking of any part of the Property, or for conveyance in place of
condemnatIOn, are hereby a.~sIgned and shall be paid to Lender to the extent of the full amount of the
indebtedness that remains unpaid under the Note and this Security Instrument. Lender shall apply such proceeds
to the reduction of the indebtedness under the Note and thI.~ Security Instrument, first to any delinquent amounL~
applied in the order provided in paragraph 3, and then to prepayment of princIpal, Any applIcation of the
proceeds to the principal shall not extend or postpone the due date of the monthly payments, which are referred
to in paragraph 2, or change the amount of such payments, AIry excess proceeds over an amount reqwred to pay
all outstandIng indebtedness under the Note and this Security Instrument shall be paid to the entity legally
entitled thereto.
7. Charges to Borrower and Protectton of Lenderts Rights in the Property: Borrower shall pay all
governmental or municipal charge.<J, fines and impositions that are not included ill paragraph 2. Borrower shall
pay these obligations on time directly to the entity which IS owed the payment If failure to pay wouid adversely
affect Lender's interest III the Property, upon Lender's request Borrower shall promptly furnish to Lender receipts
evidencing these payments.
If Borrower fails to make these payments or the paymenL~ reqwred by paragraph 2, or fails to perfonn any
other covenant. 'I and agreements contained m this Security Instrument, or there IS a legal proceedIng that may
significantly affect Lender's nghL~ in the Property (such as a proceedIng in bankruptCy, for condemnation or to
enforce laws or regulatIons), then Lender may do and pay whatever IS necessary to protect the value of the
Property and Lender's nghts in the Property, Including payment of taxes, hazard msurance and other items
mentioned m paragraph 2,
Any amounts disbursed by Lender under this paragraph shall become an additional debt of Borrower and
be secured by this Secutlty Instrument. These amount~ shall bear mterest from the date of disbursement, at the
Note rate, and at the Option of Lender, shall be immediately due and payable.
Borrower shall promptly discharge any hen which has priority over thIS Secunty Instrument unless
Borrower: (a) agrees m writing to the payment of the obligation secured by the hen In a manner acceptable
to Lender; (b) conte.~ts In good faith the lien by, or defends against enforcement of the lien in, legal proceedmgs
which Jß the Lender's opimon operate to prevent the enforcement of the lIen; or ( c) secures from the holder of the
lien an agreement satisfactory to Lender subordInating the lien to this Security Instrument. If Lender determinesIthat any part of the Property IS subject to a lIen which may attain priority over this Security Instrument,
Lender may give Borrower a nonce identifymg the lien. Borrower shall satisfy the lien or take one or mOre
of the actions set forth above withmlO days of the g1VJng of notice,
8. Fees. Lender may collect fees and charges authorized by the Secretary.
9. Grounds for Ac:celeration of Debt.
<a) Default. Lender may, except as I1mited by regulatIon.'! Issued by the Secretary, In the ca.~e
of payment defaults, reqwre Jß)media[e payment in fun of all sums secured by [his Security
Instrument if:
(i) Borrower defaults by failmg to pay III full any monthly payment required by this Security
Instrument prIor to or on the due date of the next monthly payment, or
MERS FHA Mortgage-WY
2004N-WY (11/07)
Page 3 of 6
{>00797
CASE #: WY5911030342703
DOC ID f: 00018989333104008
(ii) Borrower defaults by failIng, for a period of thIrty days, to perform any other obligations
contained in this Security Instrument.
(b) Sale Without Credit Approval. Lender shall, if pennitted by applIcable law (includIng Section
341(d) of the Garn-Sl Germain Depository InsUtutions Act of 1982, 12 U.S.C. 1701j-3(d» and with
the prior approval of the Secretary, reqwre Immediate payment In full of aU sums secured by this
SecurIty Instrument if:
(i) All or part of the Property, or a beneficial interest in a tm~t owning all or part of the
Property, is sold or otherwise transferred (other than by devise or descent), and
(ii) The Property IS not occupied by the purchaser or grantee a.'! hIS or her principal re.~idence,
or the purchaser or grantee does so occupy the Property but hIS or her credit has not been
approved in accordance with the requirements of the Secretary.
(c) No Waiver. If círcumstance.~ occur that would permít Lender to reqmre unmediate payment in
full, but Lender doe.~ not reqwre such payments, Lender does not waive its rIghts with respect
to subsequent events.
(d) Regulations of BUD Secretary. In many circumstance.~ regulauons l.'!sued by the Secretary
will limit Lender's rights, In the case of payment defaults, to require Immediate payment in full and
foreclose if not paid, 11us Security Instrument does not authorize acceleration or foreclosure if not
pemllUed by regulations of the Secretary.
(e) Mortgage Not Insured. Borrower agrees that if tlus Security Instrument and the Note are not
determined to be eltgible for Insurance wder the National HouSing Act within 60 days from the date
hereof, Lender may, at Its option, reqwre immedIate payment In full of all sums secured by thIS
Security Instrument, A wIltten statement of any authorized agent of the Secretary dated subsequent
to 60 days from the date hereof, declining to Insure this SecurIty Instrument and the Note, shall be
deemed conclusive proof of such melIgibilIty, Notwithstanding the foregoing, this option may not be
exercised by Lender when the unavailability of insurance is solely due to Lender's failure to remit
a mortgage 'insurance prenuum to the Secretary.
10. Reinstatement. Borrower ha.'! a right to be reinstated if Lender has required .unm.ediate payment in
full because of Borrower's failure to pay an amount due under the Note or this Security Instrument. ThIS right
applies even after foreclosure proceedings are instituted. To remstate the SecurIty Instrument, Borrower shall
tender in a lump sum all amounts reqUired to bring Borrower's account cuuent including, to the extent they are
obligations of Borrower wder thIS Security Instrument, foreclosure costs and rea.'!onable and customary
attorneys' fees and expen.'!es properly assocIated with the foreclosure proceeding, Upon reinstatement
by Borrower, thIS Security Instrument and the obligations that It secures shall remain In effect as if Lender had
not required immechate payment In full. However, Lender is not reqUired to pernut reinstatement if: (i) Lender
has accepted rein.~tatement after the commencement of foreclosure proceedings within two years lmmedíately
precedmg the commencement of a current foreclosure proceeding, (ü) rein.t¡tatement will preclude foreclosure
on different grounds In the future, or (ili) reInstatement will adversely affect the priority of the lien created by
this Security Instrument
11. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the tune of payment
or modification of amoCUzation of the sums secured by this Security Instrument granted by Lender to any
successor In Interest of Borrower shall not operate to relea.~e the liability of the original Borrower or Borrower's
succe.'!sor in Interest. Lender shall not be reqwred to commence proceedings agamst any successor In mterest or
refuse to extend time for payment or otherwIse modify amortIzation of the sums secured by thiS SecUl'lty
In.~trument by reason of any demand made by the origmal Borrower or Borrower's successors in interest.
Any forbearance by Lender in eXerC1SIng any pght or remedy shall not be a waiver of or preclude the exerCl.'!e
of any right or remedy.
12. Successors and Assigns Bound; Joint and Several Liability; Co-Signers. The covenants and
agreements of this SecurIty Instrument shall bmd and benefit the Successors and assIgns of Lender and Borrower,
subject to the provisIOns of paragraph 9(b). Borrower's covenants and agreements shall be joint and several.
Any Borrower who CO-SIgnS thIS Security Instrument but does not execute the Note: (a) is co-sIgmng thiS
SecuIlty Instrument only to mortgage, grant and convey that Borrower's mterest in the Property under the terms
of this Security Instrument; (b) is not personally obligated to pay the sums secured by thIS Security Instrument;
and (c) agrees that Lender and any other Borrower may agree to extend, modify, forbear or make any
accommodations with regard to the terms of this Security Instrument or the Note without that Borrower's
consent.
13. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering
it or by mailing it by first class mail unless applicable law reqwres use of another method. The notice shall be
duected to the Property Address or any other address Borrower designates by notice to Lender. Any notice
to Lender shall be gIven by fust class mail to Lender's addre.'!s stated herein or any address Lender de.'!lgnate.'! by
notice to Borrower. Any nonce provided for in this Security Instrument shall be deemed to have been given
to B011'ower or Lender when given a.'! provided in thIS paragraph.
14, Governing Law; Severability. 'ThIS Security Instrument shall be governed by Federal law and the
law of the jurisdiction in which the Property is located, In the event that any provi~lon or clause of tms Security
Instrument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this
SecurIty Instrument or the Note which can be gIven effect without the conflICting provislOn. To tms end the
provisIOns of thIS Security Instrument and the Note are declared to be severable.
15, Borrower's Copy. Borrower shall be given one conformed copy of the Note and of thiS Security
In.'!trument.
MERS FHA Mortgage-WY
2004N-WY (11/07)
Page 4 of 6
000798
CASE t: WY5911030342703
DOC ID f: 00018989333104008
16. Hazardous Substances. Borrower shaH not cause or permit the presence, use, disposal, storage,
or release of any Hazardous Substances on or In the Property. Borrower shall not do, nor allow anyone else
to do. anything affecting the Property that is 10 violation of any Environmental Law. The preceding two
sentences shan not apply to the presence, use, or storage on the Property of small quantities of Hazardous
Substances that are generally recognized to be appropnate to normal residential uses and to maintenance
of the Property,
Borrower shall promptly give Lender written notIce of any mvestigation, elanD, demand, lawsuit or other
action by any governmental or regulatory agency or private party mvolving the Property and any Hazardous
Substance or Environmental Law of which Borrower has actual knowledge. If Borrower learns, or is notified by
any governmental or regulatory authority, that any removal or other remedIation of any Hazardou.~ Substances
affectIng the P.r:operty IS necessary. Borrower shan promptly take all necessary remedial actions in accordance
with EnvJronmental Law.
As used in this paragraph 16, "Hazardou.<¡ Substances" are those substance.<¡ defIned a<¡ toxic or hazardous
substances by Environmental Law and the followmg substances: gasol1Oe, kerosene, other flammable or toxic
petroleum products, tOXIC pesticides and herbiCides, volatile solvent<¡, materiaI.~ contaimng asbestos
or formaldehyde, and radIoactive materials. As used in this paragraph 16, "Environmental Law" means federal
laws and laws of the jurisdIction where the Property is located that relate to health, safety or environmental
protection.
NON-UNIFORM COVENANTS, Borrower and Lender further covenant and agree as follows:
17. Assignment of Rents. To the extent permttted by applicable law, Borrower unconditionally assigns
and transfers to Lender all the rents and revenues of the Property. Borrower authorizes Lender or Lender's
agent<¡ to collect the rent~ and revenue. 'I and hereby directs each tenant of the Property to pay the rents to Lender
or Lender's agents. However, prior to Lender's notice to Borrower of Borrower's breach of any covenant or
agreement in the Security Instrument, Borrower shall collect and receIve all rents and revenues of the Property as
trustee for the benefit of Lender and Borrower. This assignment of rents con.'Ititutes an absolute assignment and
not an assIgnment for additional security only.
If Lender gIVe.<¡ notIce of breach to Borrower: (a) all rents receIved by Borrower shall be held by Borrower
a~ trustee for benefit of Lender only, to be applied to the sums secured by the Security Instrument; (b) Lender
shall be entitled to coUeet and receIve all of the rent~ of the Property; and (c) each tenant of the Property shaH
pay all rents due and unpaid to Lender or Lender's agent on Lender's written demand to the tenant.
Borrower has not executed any prior aSSIgnment of the rents and ha~ not and will not perform any act that
would prevent Lender from exercising Its rights under this paragraph 17.
Lender shall not be required to enter upon, take control of or mamtam the Property before or after givmg
notice of breach to Borrower. However, Lender or a JUdicially appointed receiver may do so at any time there IS
a breach, Any appltcatIon of rents shaH not cure or waive any default or invalidate any other nght or remedy of
Lender, ThIS assignment of rents of the Property shall terminate when the debt secured by the Secunty
Instrument is paid in full
18. Foreclosure Procedure, If Lender requires immediate payment In full under paragnph 9,
Lender may invoke the power of sale and any other remedies permitted by applicable law. Lènder shall
be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 18,
including, but not Iimlted to, reasonable 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 Property, if different, in accordance with applicable Jaw. Lender shall give
notice of the sale to Borrower in the manner provided in paragraph 13. Lender shall publish the notice of
sale, and the Property shall be sold in the manDer prescribed by appHcable Jaw. Lender or its designee
may purchase the Property at any sale. The proceeds of the sale shall be applied in the following order:
(a> to all expenses of the sale, includJng, but not limited to, reasonable attorneys' fees¡ (b) to all sums
secured by this Security Instrument¡ and (c) any excess to the person or persons legally entitled to it.
If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary
requires immediate payment in full under Paragraph 9, the Secretary may invoke the nonjudtcla1 power
of sale provided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.S.C. 3751 et Jeq,) by
requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the
Property as provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any
lights otherw:lse available to a Lender under this Paragraph 18 or applicable law.
19. Release. Upon payment of all sums secured by thIS Security Instrument, Lender shall release this
Security Instrument. Borrower shall pay any recordation costs. Lender may charge Borrower a fee for reIeas10g
tbIS Security Instrument, but only if the fee is paid to a third party for services rendered and the charging of the
fee is permitted under applicable law.
20. Wafven. BO.l1'ower waives all rights of homestead exemption m the Property and relinquishes all
I1ghL~ of curtesy and dower in the Property.
MERS FHA Mortgags-WY
2004N-WY (11/07)
Page50f6
JL
Ü00799
CASE #: WY5911030342703
DOC ID #: 00018989333104008
21. Riders to this Security Instrument. If one or more riders are executed by BOI1'ower and recorded
together with this Security Instrument, the covenants of each such rider shall be incorporated roto and shaH
amend and supplement the covenants and agreement'! of this Security Instrument as if the rider(s) were a part of
this Secunty Instrument. [Check applicable box(es)],
D Condonnnium Rider 0 GrowIng Equity Rider D Other [specify]
D Planned Unit Development Rider D Graduated Payment Rider
BY SIGNING BELOW, Borrower accepts and agrees to the tenns contained 10 th1S Security Inslrument
and in any rider(s) executed by BOI1'ower and recorded with it.
&~, 'Î ~~
CASZ. TruyfIS JORGENSON
AKA CASEY T. JORqENSON
~+~I.QVù'\ ~
HEATHER ANN JORGENSON
(Seal)
-Borrower
(Seal)
-BoI1'ower
(Sea1)
-Borrower
(Seal)
-Borrower
STATE OFVŒOMIlB, HONTANA.
Blaine
by
..J'
My CommÍ8slOn Expue.o¡:
2~'-2Þ/~~~
Notary Pubhc
v:;s'
1 ~. : t ('...:\"~~ ."
....µ\t....... ....
~.;:T~ ~~. ~ ~: ~ '.:
.~!! ~ I: .:., . \', \ .
MERS FHA Mortgage-WY
2004N,WY (11107)
Page 6 of 6