HomeMy WebLinkAbout940051
WHEN RECORDED RETURN TO:
Equity Loan Services, Inc.
1100 Superior Ave., Ste, 200
Cleveland, OH 44114
National Recording - FACT
RECEIVED 6/24/2008 at 2:41 PM
RECEIVING # 940051
BOOK: 698 PAGE: 232
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
CO(;232
[Space Above This Line For Recording Data] /0661--3
Reference Number: 20081137100179 Account number: 654-654-3730793-1XXX
DEFINITIONS
SHORT FORM LINE OF CREDIT MORTGAGE
.~ It (ßO'd- rl
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 31. 2008, together with all Riders to this
document.
(B) "Borrower" is DALE R. PERRY AND LINDA C. PERRY. HUSBAND AND WIFE.
WHO ACOUIRED TITLE AS DALE PERRY AND LINDA PERRY. Borrower is the mortgagor under this
Security Instrument.
(C) "Lender" is Wells Fare:o 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
31.2008. 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, FIFTY THOUSAND AND
00/100THS Dollars (U.S. $50.000.00) 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 30. 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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Documents Processed 05-31-2008, 10:18:40
~ Leasehold Rider
~ Third Party Rider
~ Other(s) [specify]
~;OC233
N/A
(H) "Master Form Mortgage" means the Master Form Line of Credit Mortgage dated AU2ust 14. 2007, and
recorded on AU2ust 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 performance 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 EXHmIT Pr
of Lincoln
[Name of Recording Jurisdiction]
which currently has the address of
BEDFORD
[City]
453 STRA WHERRY CREEK PRIVATE R
[Street]
, Wyoming 83112 ("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 Form Mortgage.
BORROWER COVENANfS 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 InstruÌnent. 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 Form Mortgage are hereby incorporated in their entirety into this Security Instrument. Borrower agrees to be
bound by and to perform all of the covenants and agreements in the Master Form Mortgage. A copy of the Master
Form Mortgage has been provided to Borrower.
WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT
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L'00234
BY SIGNING BELOW, Borrower accepts and agrees to the tenus 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.
c:lt/J7.dA e
C. PERRY
(Seal)
-Borrower
(Seal)
-Borrower
For An Individual Acting In HisIHer Own Right:
State of Wyoming )
) ss
County of L;, 11 cd;t.. )
The foregoin~strument was acknowledged before me by
./Jq/~ ~ Pn-Y'j GlAd t/¡,¡dû.- C
this(;J.~lßay of 'Y11 a J ,20g
Witness my hand and official seal.
R"rr'j
CLAUDIA' ANDE~
Notary PublIC'
Lincoln County
. Wyoming ." ';óIO
My Commission Expl.... ~f _
II.
&¿¿Id/~ ~¿W0--
Notary Public
-
My Commission Expires: S- -;/ S- - ;1 ø 10
WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT
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EXHIBIT A
SITUATED IN THE COUNTY OF LINCOLN AND STATE OF WYOMING:
\_ 00235
LOT 63 OF AMENDED PLAT OF BRIDGER FOREST RANCHES, ACCORDING
TO THE OFFICIAL PLAT THEREOF, RECORDED FEBRUARY 6, 1975 AS
DOCUMENT NO. 463684 AND MAP NO. 116 IN THE OFFICE OF THE
CLERK, LINCOLN COUNTY, WYOMING.
Permanent Parcel Number: 3418-28-4-01-001.00
DALE R. PERRY AND LINDA C. PERRY, HUSBAND AND WIFE
453 STRAWBERRY CREEK PRIVATE ROAD, BEDFORD WY 83112
Loan Reference Number : 20081137100179/10623
First American Order No: 37160277
Identifier: FIRST AMERICAN LENDERS ADVANTAGE
1111111111111111111111 PERRY WY
37160277
FIRST AMERICAN ELS
MORTGAGE
1111111111111111111111111111111111111111111111111