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Home My WebLink About939971 WHEN RECORDED, RETURN TO: EQUITY LOAN SERVICES, INe. 1100 SUPERIOR A VENUE, SUITE 200 CLEVEIAND, OHIO 44114 NATIONALRECORDING-FACF RECEIVED 6/20/2008 at 3:18 PM RECEIVING # 939971 BOOK: 698 PAGE: 98 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 000098 fYI/ie 75<¡k2 [Space Above This Line For Recording Data] (ðf¡';;'..3 Reference Number: 20080937300101 Account number: 651-651-2519288-1XXX SHORT FORM LINE OF CREDIT MORTGAGE DEFINITIONS Words used in multiple sections of this document are defined below. The Master Fonn Mortgage includes other defined words and rules regarding the usage of words used in this document. (A) "Security Instrument" means this document, which is dated MAY 20. 2008, together with all Riders to this document. (B) "Borrower" is BARRY K. KENDALL AND COY A. KENDALL. WHO ACQUIRED TITLE AS BARRY KENDALL AND CQY KENDALL. HUSBAND AND WIFE. Borrower is the mortgagor under this Security Instrument. (C) "Lender" is Wells Fanzo 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 MAY 20. 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, ONE HUNDRED FIFTY-SIX THOUSAND AND 00/100THS Dollars (U.S. $156.000.00) 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 June 20. 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 liiiiiöiÎÎii-û.ïìlllllllllllll (page I of 3 pages) Documents Processed 05-20-2008, 15:46:47 ~ Leasehold Rider ~ Third Party Rider ~ Other(s) [specify] 000099 N/A (H) "Master Form Mortgage" means the Master Fonn Line of Credit Mortgage dated Aue:ust 14. 2007, and recorded on Aue: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 at a time when no indebtedness is currently secured by this Security Instrument; and (ii) the perfonnance of Borrower's covenants and agreements under this Security Instrument and the Debt Instrument. For this purpose, Borrower 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] SEE ATTACHED EXHffiIT It of Lincoln [Name of Recording Jurisdiction] which currently has the address of STAR VALLE RANCH [City] 52 SOLITUDE CIRCLE SO [Street] , Wyoming 83127 ("Property Address"): [Zip Code] 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 referred 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 Borrower 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. Borrower 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, Borrower agrees that all of the provisions of the Master Fonn Mortgage are hereby incorporated in their entirety into this Security Instrument. Borrower 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 Borrower. WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT ,üi¡ûimiûÎi.-ûiïillllliinmmlll (page 2 of3 pages) Documents Processed 05-20-2008,15:46:47 00vj.00 BY SIGNING BELOW, Borrower accepts and agrees to the terms 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. 4ff~~ 1rY .KENDALL - . .~ /l. ~~ COY KENDALL (Seal) -Borrower (Seal) -Borrower For An Individual Acting In His/Her Own Right: State of Wyoming ) County of Lt· VI wI /A ) ss ) this ..2c2day of "f'fI Ctj Witness my hand and official seal. ,20gJ - - &¿u¿ ¿,úá !211t!Û<..!J f/L Notary Public ~ CLAUDIA..ANDERØ ,NotarY PublIC Lincoln CoUntY , , Wyoming . My Commltllon Expires fS.';;Ç~ð¡Ü Þ My Commission Expires:S- J ç -,;7 ð I 0 WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT ¡i.iíÛïiiii¡-¡ii111Iillli...111 (page 3 of 3 pages) Documents Processed 05-20-2008, 15:46:47 \:001.01. EXHIBIT A SITUATED IN THE COUNTY OF LINCOLN AND STATE OF WYOMING: LOT 17 IN STAR VALLEY RANCH PLAT 14 AS PLATTED AND RECORDED IN THE OFFICIAL RECORDS OF LINCOLN COUNTY, WYOMING, TOGETHER WITH ALL IMPROVEMENTS AND APPURTENANCES THEREON SITUATE OR ANYWISE APPERTAINING THEREUNTO. Permanent Parcel Number: 3518-314-02-017.00 BARRY K. KENDALL AND COY ANN KENDALL, HUSBAND AND WIFE 52 SOLITUDE CIRCLE SO, STAR VALLE RANCH WY 83127 Loan Reference Number : 20080937300101/10623 First American Order No: 14467546 Identifier: FIRST AMERICAN LENDERS ADVANTAGE 1"'1111'" 111'.1"" III KENDALL 14467546 WY FIRS~ AMERICAN ELS MORTGAGE II 111111 " 1/11 11111111111111 1111 111111 11111 11111