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When recorded mail to:
FIRST AMERICAN EQUITY LOAN
SERVICES
1100 SUPERIOR A VENUE, SUITE 200
CLEVELAND, OHIO 44114
ATTN: FT1120
RECEIVED 5/6/2008 at 3:37 PM
RECEIVING # 938796
BOOK: 693 PAGE: 861
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
000861.
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[Space Above This Line For Recording Data]
Reference Nwnber: 20080779300055
Account nwnber: 650-650-8283533-1XXX
SHORT FORM LINE OF CREDIT MORTGAGE
'7 0 DEFINITIONS
Words used in multiple sections of this document are defined below. The Master Fonn Mortgage includes other
defmed words and rules regarding the usage of words used in this document.
(A) "Security Instrument" means this document, which is dated APRIL 11. 2008, together with all Riders to this
document.
(B) "Borrower" is DONALD S. STALEY AND KRISTI C. STALEY. WHO ACQUIRED TITLE AS
DONALD STALEY AND KRISTI STALEY. HUSBAND AND WIFE. Borrower is the mortgagor under this
Security Instrument.
(C) "Lender" is Wells Fareo Bank. N.A.. Lender is a National Bank organized and existing under the laws of the
United States of America. Lender's address is 101 North Phillips Avenue. Sioux Falls. SD 57104. Lender is the
mortgagee under this Security Instrument.
(D) "Debt Instrument" means the loan agreement or other credit instrument signed by Borrower and dated APRIL
11. 2008. The Debt Instrument states that Borrower owes Lender, or may owe Lender, an amount that may vary
from time to time up to a maximum principal sum outstanding at anyone time of, TWENTY-SEVEN
THOUSAND FOUR HUNDRED EIGHTY-THREE AND 00/100THS Dollars (U.S. $27.483.00) plus interest.
Borrower has promised to pay this debt in Periodic Payments and to pay the debt in full not later than seven (7)
calendar days after Mav 11. 2048.
(E) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
(F) "Loan" means all amounts owed now or hereafter under the Debt Instrument, including without limitation
principal, interest, any prepayment charges, late charges and other fees and charges due under the Debt Instrument,
and also all sums due under this Security Instrument, plus interest.
(G) "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]:
WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT
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~ Leasehold Rider
~ Third Party Rider
~ Other(s) [specify]
N/A
000862
(H) "Master Form Mortgage" means the Master Fonn Line of Credit Mortgage dated AUl!ust 14. 2007, and
recorded on AUl!ust 30.2007 as Instrument No. 932651 , Book 670 at Page 599 - 609 of the Official Records in the
Office of the Recorder of Lincoln County/City, State of Wyoming.
TRANSFER OF RIGHTS IN THE PROPERTY
This Security Instrument secures to Lender: (i) the repayment of the Loan, and all future advances, renewals,
extensions and modifications of the Debt Instrument, including any future advances made ata time when no
indebtedness is currently secured by this Security Instrument; and (ii) the perfonnance of BOlTower's covenants and
agœements under this Security Instrument and the Debt Instrument. For this purpose, BOlTower does hereby
mortgage, grant and convey to Lender and Lender's successors and assigns, with power of sale, the following
described property located in the
County
[Type of Recording Jurisdiction]
of Lincoln
[Name of Recording Jurisdiction]
SEE ATTACHED EXHmIT K
which currently has the address of
AFTON
[City]
542 MONROE AVE
[Street]
, Wyoming 83110
[Zip Code]
("Property Address"):
TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
covered by this Security Instrument. All of the foregoing is refelTed to in this Security Instrument as the "Property."
The Property shall also include any additional property described in Section 20 of the Master Fonn Mortgage.
BORROWER COVENANTS that BOlTower is lawfully seised of the estate hereby conveyed and has the
right to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of
record as of the execution date of this Security Instrument. BOlTower warrants and will defend generally the title to
the Property against all claims and demands, subject to any encumbrances of record.
MASTER FORM MORTGAGE
By the execution and delivery of this Security Instrument, BOlTower agrees that all of the provisions of the
Master Fonn Mortgage are hereby incorporated in their entirety into this Security Instrument. BOlTower agrees to be
bound by and to perfonn all of the covenants and agreements in the Master Fonn Mortgage. A copy of the Master
Fonn Mortgage has been provided to BOlTower.
WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT
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000863
BY SIGNING BELOW, Borrower accepts and agrees to the tenns and covenants contained in this Security
Instrument and in any Rider executed by Borrower and recorded with it. Borrower also acknowledges receipt of a
copy of this document and a copy of the Master Fonn Mortgage.
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'DONALD S STALEY
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KRIST! C STALEY .-/
For An Individual Acting In His/Her Own Right:
State of Wyoming )
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County of ,("1'1(1.(";)//'1' )
The foregoing instrument was acknowledged before me by
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this --LL..:. day of lJ ,;) r ,-/ 7, ZOCß':
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Witness my hand and official seal.
(Seal)
-Borrower
(Seal)
-Borrower
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N tàry Public
My Commission Expires: d.. - /Ç' - 2.0 to
HEIDI L, CLAYE . NOTARY PUBLlO
County of
Lincoln
State of
Wyoming
My Commission Expires February 15, 2010
WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT
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000864
EXHIBIT A
SITUATED IN THE COUNTY OF LINCOLN AND STATE OF WYOMING:
BEGINNING AT A POINT ON THE EAST BOUNDARY OF LOT 1 OF BLOCK
26 OF THE AFTON, WYOMING ORIGINAL TOWNSHIP, SAID POINT BEING
SOUTH 220 FEET FROM THE NORTHEAST CORNER OF SAID LOT 1; AND
RUNNING THENCE WEST 99 FEET; THENCE SOUTH 110 FEET TO THE
SOUTH BOUNDARY OF LOT 1; THENCE EAST, ALONG THE SAID SOUTH
BOUNDARY, 99 FEET TO THENCE SOUTHEAST CORNER OF LOT 1; THENCE
NORTH, ALONG THE SAID EAST BOUNDARY, 110 FEET TO THE POINT OF
BEGINNING, ENCLOSING AN AREA OF 10,890 SQUARE FEET.
Permanent Parcel Number: 3218-30-4-07-103.00
DONALD STEVEN STALEY AND KRISTI CALL STALEY,
HUSBAND AND WIFE, AS TENANTS BY ENTIRETIES
542 MONROE AVENUE, AFTON WY 83110 .
Loan Reference Number : 20080779300055
First American Order No: 14321006
Identifier: FIRST AMERICAN LENDERS ADVANTAGE
1111/11 "" """" III STALEY
14321006 WY
FIRST AMERICAN ELS
MORTGAGE
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