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Home My WebLink About940142 WHEN RECORDED, RETURN TO: EQUITY LOAN SERVICES, INe. 1100 SUPERIOR A VENUE, SUITE 200 CLEVELAND, OHIO 44114 NATIONAL RECORDING-FACT RECEIVED 6/27/2008 at 2:47 PM RECEIVING # 940142 BOOK: 698 PAGE: 560 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Ü00560 Reference Number: [Space Above This Line For Recording Data] 20081013321102 I ¡g \¡¡"fr Account number: 650-650-8373854-1XXX I¥~t(lf/~ 1- SHORT FORM LINE OF CREDIT MORTGAGE DEFINITIONS Words used in multiple sections of this document are defined below. The Master Form 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 MAY 09, 2008, together with all Riders to this document. (B) "Borrower" is DALE TURNER AND SHEILA TURNER, HUSBAND AND WIFE. Borrower is the mortgagor under this Security Instrument. (C) "Lender" is Wells Farl!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 09, 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 THOUSAND AND 00/100THS Dollars (U.S. $100,000.00) 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 09, 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 li.iiiilimÎiìÎI¡imlil~llillm.111 (page 1 of3 pages) Documents Processed 05-07-2008,17:00:25 ~ Leasehold Rider ~ Third Party Rider ~ Other( s) [ specify] ~:00561 N/A (H) "Master Form Mortgage" means the Master Form 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 ofthe 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] of Lincoln [Name of Recording Jurisdiction] SEE ATTACHED EXHIBIT which currently has the address of ETNA [City] 511 LINCOLN COUNTY RD [Street] , Wyoming 83118 ("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 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 tlús 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 li.iiiim1iÎw¡¡ûU¡¡mIIUlli...111 (page 2 of 3 pages) Documents Processed 05-07-2008,17:00:25 L'00562 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 doryn7~~ opy of the Master Form Mortgage. I/II//; û.5 -0 ý-¿:;7ð (Seal) DALE E -Borrower (Seal) -Borrower For An Individual Acting In His/Her Own Right: State of Wyoming ) County of it' Pl.ClJI fA.. ) ss ) The foregoing instrument was acknowledged before me by f)Q I--e. '7{¡r fA.... r- a h ci S h·e¡' IlL Tú r VI-e r this L day of 'fY/CL 3 ,20~ Witness my hand and official seal. CtAUIM~ NotQfj PublIC Lincoln çounty WYOmIng My Commission Expires ..s.:.i2 "polO (?¡r1Ut dâi ¿JAtdtf4 ~ Notary Public My Commission Expires: õ :J S- - ;' c9/ () WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT liiiiilûÎÎ¡¡i.iillllliialllll (page 3 of 3 pages) Documents Processed 05-Q7-2008, 17:00:25 ÜOOS63 EXHIBIT A SITUATED IN THE COUNTY OF LINCOLN AND STATE OF WYOMING: BEGINNING AT THE SOUTHWEST CORNER OF THE SOUTHWEST 1/4 OF THE SOUTHEAST 1/4 OF SECTION 14, TOWNSHIP 35 NORTH, RANGE 119 WEST, OF THE 6TH PRINCIPAL MERIDIAN, WYOMING, AND RUNNING THENCE NORTH ALONG THE WEST BOUNDARY LINE OF SAID SOUTHWEST 1/4 OF THE SOUTHEAST 1/4, 224 FEET; THENCE EAST PARALLEL TO THE SOUTH BOUNDARY LINE OF SAID SECTION, 224 FEET; THENCE SOUTH PARALLEL TO THE WEST BOUNDARY LINE OF SAID SOUTHWEST 1/4 OF THE SOUTHEAST 1/4, 224 FEET, MORE OR LESS, TO THE SOUTH BOUNDARY LINE OF SAID SECTION; THENCE WEST ALONG SAID SOUTH BOUNDARY LINE 224 FEET, MORE OR LESS, TO THE POINT OF BEGINNING, CONSISTING OF 1.15 ACRES MORE OR LESS. Permanent Parcel Number: 3519-144-00-385.00 DALE F. TURNER AND SHEILA C. TURNER, HUSBAND AND WIFE, AS TENANTS BY THE ENTIRETIES 511 LINCOLN COUNTY ROAD, ETNA WY 83118 Loan Reference Number 20081013321102/10647 First American Order No: 14544167 Identifier: FIRST AMERICAN LENDERS ADVANTAGE .11111'11111111111111111 I UKNt.K 14544167 WY FIRST AMERICAN ELS MORTGAGE i 1111111111111111111111111111111111111111111111111