HomeMy WebLinkAbout940888
WHEN RECORDED, RETURN TO:
EQUTrY LOAN SERVICES. INe.
1100 SUPERIOR A VENUE, SUITE 200
CLEVELAND, OHIO 44114-
NATIONAL RECORDING
RECEIVED 7/29/2008 at 2:42 PM
RECEIVING # 940888
BOOK: 701 PAGE: 151
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
0001.51,
\'"'\
c·
/. 1
.."
I¡ '1
[Space Above This Line For Recording Data]
I O~ D"5""
Reference Number: 20081829300174
Account number: 650-650-8641888-1XXX
SHORT FORM LINE OF CREDIT MORTGAGE
'3~b'd-1D{%
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 JULY 12. 2008, together with all Riders to this
document.
(B) "Borrower" is TARYN E PELLETIER AND LEONARD J PELLETIER. WHO ACOUlRED TITLE
AS. TARYN PELLETIER AND LEONARD PELLETIER. 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 JULY
12.2008. 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, THIRTY-ONE THOUSAND
SIX HUNDRED NINETY-FOUR AND 00/100THS Dollars (U.S. $31.694.00) 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 Aueust 12. 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
lïiiiii8.1iíiiìû.ililllIIIUinmllll
(page 1 of3 pages)
Documents Processed 07-11-2008,15:34:53
~ Leasehold Rider
~ Third Party Rider
~' Other(s) [ specify]
OÒ01.52
N/A
(H) "Master Form Mortgage" means the Master Form Line of Credit Mortgage dated AUlZust 14. 2007, and
recorded on AUlZust 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]
of Lincoln
[Name of Recording Jurisdiction]
SEE ATTACHED EXHmIT
which currently has the address of
THAYNE
[City]
944 HARDMAN ROAD
[Street]
, Wyoming 83127
[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 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 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
i.iiiïiÎÎiiû.ïiillIIÎÍïllllll
(page 2 of 3 pages)
Documents Processed 07-11-2008,15:34:53
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 Form Mortgage. _.
(:001.53
JIl~ ~. ~ Qlht-Úh
Tll J:M; ~
II-ONA'¡/lJ J PELLETIER
(Seal)
-Borrower
(Seal)
-Borrower
For An Individual Acting In His/Her Own Right:
State of Wyoming )
~ . \ ) ss
County of \ nco n)
Tbe foregoing instrum~tnt was ackD,owledged before me by' I
\ C{..f "-( n E. -:p~ \ \-f'-+ Ie ( () n 01 L-EonaJ c
this 12- day of ~,) Lc I q , 20!2ð"'"
::s 'Þe, l-eJ- i --e {
Witness my hand and official seal.
JENNIFER 8RVANT
Notary Public
LIt)COIn county
w.yomIng G:> 'ì
~ ' 00..
~nfllÞ)8j{pIJJ
Not Public ð
My Commission Expires: A I <9/S II ^
WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT
ï.uûiliiÎÎ.¡û.ÎiimIIRllïu..111
Documents Processed 07-11-2008,15:34:53
(page 3 of3 pages)
(:001.54
EXHIBIT A
SITUATED IN THE COUNTY OF LINCOLN AND STATE OF WYOMING:
LOT 58 OF STAR VALLEY RANCH PLAT 18, LINCOLN COUNTY, WYOMING
AS DESCRIBED ON THE OFFICIAL PLAT THEREOF.
Permanent Parcel Number: 3418-053-01-043.00
LEONARD J. PELLETIER, JR., AND TARYN E. PELLETIER, HUSBAND AND WIFE,
AS TENANTS BY THE ENTIRETIES
944 HARDMAN ROAD, THAYNE WY 83127
Loan Reference Number 20081829300174/10605
First American Order No: 38027058
Identifier: FIRST AMERICAN LENDERS ADVANTAGE
1111111111111111111111 PELLETIER
38027058 WY
FIRST AMERICAN ELS
MORTGAGE
1111111111111111111111111111111111111111111111111