HomeMy WebLinkAbout941209
RECORDATION REQUESTED BY:
FIrat .... B8.. of PIneda..
P.O. Box 1119
......... WV 82841
RECEIVED 8/12/2008 at 2:54 PM
RECEIVING # 941209
BOOK: 702 PAGE: 191
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
WHEN RECORDED MAIL TO:
FInot s.Þ B8" of PIMdeIe
P.O. Box 1118
PIn...., WY 82141
SEND TAX NOTICES TO:
Fint StMe Bri of PIMdeIe
P.O. lox 519
PlIMIIIIoIe. WY 82141
OOû191.
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
MORTGAGE
MAXIMUM LIEN, The Ben of this Mortgage 8he11 not exceed at any one time .'05,400.00.
THIS MORTGAGE dated July 31. 2008. is lR8de end executed between Chriatolll'* P. Hawley end eerie A.
Hawley. huabend .net wife. whose 8ddrea is P. O. Box 1001. Big Piney. WV 83113 (referred to below as
-Grentor-) ..d FIrat StIde ....k of PIned"., wh_ eddreu is P.O. Box 519. PIn...., WV 82941 (referred to
below .. -Lender-).
GRANT OF MORTGAGE. For.......... _.............. Gawdar ............ .... CMIMyS to Lendw II of G_r'. right" title. .nd int.reat In end to
the following deecribed .... ...-.v. tD tItNr with .. existing 01 ~ erecI8d or effixed buIdngtI. impIGVMMIftIS end flxtur.., ell
_ma. rlghlS of wav. _ ~ .. ...eter. w_ righIa. __ end ditch righlSllncludng stock In utilities with ditch or
InIgllllon rights); end ell other rights. røveltia. end profils ~ 10 the .... _rty, including without JknItetion eU miner.... oil. gas.
geotherm.1 ..... Bimller....-.. (the -Reel Property-) IacebId 11'1 UncoIn County. State of Wyoming:
Lot 27 of VIola SubdIviaIon,........ No. 1~ LIncoln ~. WvomIng _ deIIcribed on the offidaI plat flied on
July 3. 1983 _ Instrument NO. 800082 Of the __ of me I.JncoIri County CIerI!
The ReIII Property tJI its IIddrea 18 commonly known. Lot 27 Viola Subdivision. ........... WV 83123.
REVOLVING ~ OF CREDIT. TIlle........ _ Ihe ~ -"1' J -. .......... wIII*«~. . ............ .. of cndIt. wfIIch obIIgetee
lAnd. 10 ...... ___ 111 GI.w .. IIIIIe .. car- CCIIII IIee willi .. .. __ of.. c..dt A..-, Such ~ may be 1IIIIde.
......... .... ....... ... .. ... ..... ...... ... .. .......... tMt .. tøIaII ...... ........ owing . .... _ lime. ... ~ ftJwIae
....... an ..... .......... ..... .......... _ .. BUll _1IIOIIfded .... c.IIt A..--, ..............,. --.-. 0Iher ~, .... My
__ .......... .. ......... _ pIOIIIded In .......... fndeInr ~. -.............. thiI ........... ............. CredIt UmiI .. provided
.. .. eo- A...-. It............. of Go..- .... Lendw 111M .... ...... _ ..... ...... ......... under the Credit
A......- tram ... to" tram __ ..111_ c:..oIt UIIIt - ............ .... CredIt A..- ....... iooeer"'I ,.., ~.
Gr.ntor preB8ll1ly ...Igna to lendlit' .11 of Granto,'. right. title. and ¡nt_.t In and 10 ell pres.nt .nd future I..... of the Property and an R.nlB
from the Proplll'ty. In addition. Grantor gr.nlB to lend.r e Uniform Commercial Code security Interest In the p"reonal Property .nd R.nll.
THIS MORTGAGE. INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY. IS
GIVEN TO SECURE IAI PAYMENT OF THE INDEBTEDNESS AND 181 PERFO/tMANCE OF EACH OF GRANTOR'S AGREEMENTS AND
OBLIGATIONS UNDER THE CREDIT AGREeMENT. THE RELATED DOCUMENTS. AND THIS MORTGAGE. THIS MORTGAGE IS GIVEN AND
ACCEPTED ON THE FOLLOWING TERMS:
PAYMENT AND PERFORMANCE, Except.. otherwl.. provided In thl. Mortgag.. Grantor .he ! pey to L.nd.r ell emounts secured by this
Mortgage .. they become due .nd .hen .trlctty perform ell of Grantor'. obligation. und.r Ihls Morrgege.
POSSESSION AND MAINTENANCE OF THE PROPERTY. Grantor ag.... thet Grentor'. pos..a.lon and ua. of the Property shell be governed by
the fo/Iowlng provlllone:
Pon_1on .... Un. UntH the occurrence of 81\ Event of Default, G/'IJ1tor may (1 ram.ln In po.....lon Ind controi of the Prop.rty. (21
lIB., operete 0' m.nag. the Prop.rty. end (31 colhJCI the RenlSlrom the Property.
Duty to MIIIrIÞIn, Grantor .h.1I meJntaln the Property In good condition end promptly perform al r.palrs. r.plec.menlS. end maintenance
nece...ry to preurve Ite value.
CoInpIWIce WIth ~ L_. Or.nlor repr..ents .nd werr.nhll0 lender that: '1' During the period of Grantor'a ownership of
.... Property. thIInI hee ...., ftO .-e, ......Iion" menufeCtur.. ........ tnJem.nt. clapoBøl. re.... OIlhreatened ....... of any HlJZ8rdous
SubBtllnce by .ny pet1IOi1 on. under. IIbout or from the Property: (2 G_ hee no knowledge of. or _ 10 believe that there hes
been. except H prevIouefy diac:Joeed 10 end a~1edged by lender .. writing. lei .ny btNch or vioI8tIon of any &wIronmentel Law..
Ibl any..... genenrtIon. manuf-. BtorII IJ. --. disposal. ...... or threBtIInIId rele8M of øny HazII'dcllM SaØtance on. uncIer.
about or from Ihe Property by any prior __ or OCC-,", of the Property. or Icl any IICtUII or thre8tened litigation or clllm. of any
kind by My pIINOft NIating ID -" men...;.nd 3 Except.. previouaIy dl8c1088d 10 ..... acknowledged by Lender In writing. 1.' neither
Gr_ mr any -. contrector. egent or other 8UIhoñred .- at Ihe Pro......, III" _. IIfIIII'8te, menutecture. 1I1OnI. trIJJ1t. dlspolle of
or ..leaN any ~ Subetencø on. \8IIfer. about or tnJm the Prapeny;.... (b) any.uch IICIIvIty ..... be conducted In compliance
with .Y appllc8ble federal. 1Iata. .... IoceI ....a. ....uIetione ... onIinencBa. Including without IirnihJlion ell EnvinJnrnMdeI Lews. Grantor
auIhorizeIIl.andv end Ite II III'IbI 10 e_ upon Ihe ""-1Y tD meIut 8UI:h II'IIJpIICtI0ne end _. .t ~. .X IIIme. ae Lender may deem
eppmpriIrta 10 de!IImIine compIIence of the Property with thIe uctIon of the Mørtgage. Any inepectlone or tests mede by lender shall be
for Lander'e purpoI88 only end 8IuIII not be constrUed 10 CIMtIt..., reeponsIbillty or IIIIbIIity on the I8J't of lender 10 Grantor or 10 .nyother
person. The r~ end werrentÎ118 COI'àInIId ...." _ baed on Grantor'. due ......- in ~tlng the Property for
H.zønlOUB ~ GnntDr hereby 111 ........ end _eIva any tuture cIeinuo egainBt ....... for indemnity or contribution In the
_ Gte.- beco..... JiebIe for cI...... 01 other _ .- ..., IJuch lew.;.nd 121 ag.... to indømnify. def.... Ind hold hermle..
Lender against any ... .. .......... ...... IIebiIItIe8. dBmIIgee. IIJMItie.. end ._ which Lander may direcdv or Indirecdy suet.1n or
euff8r .-uItIn from e tnech of thIe uctIon of the Mortpge .. _ . consequence of any ..... III1IJfIItion. menutecture. ItØnlge. dispollal.
...... or Ihnt8tenIJd __ 0CCI8'ring prior 10 a_·. ownerehlp 01 Interest In the Property. whether 01 not the __ wu or .hould
have ...... known to 0-. The provieIonB of thillIIIC on at the Mor1gIge. including the obilgatlon tD indemnify end defend. .....1 aurvlve
the peyment of the Indeb...... and IhB ..tiefectlon 1Ind r~ of the IiIIn of thIa Mongage end _n not be IIff1K:ÞId by L.nder'.
_1eItIon of any I_In the ~Y. whether by~... or otherwise.
~ ~ GnntDr........ ca.... conduct or permit My.......nœ mr commit. permit. or euffer any etrippIng of or -.... on or to
the Property or any portion of the ~rty_ WIthOut UmIIIneJ the IJfIIIr1IIIty of the foregoing. Gr_ wII not remove. or grant 10 any other
IIIrty the right 10 remove. any timber. mlnerels Clncludlng 0II1Ind Jell. coel. clay. IICOI'la. 1IOiI. gravel or JOel< prodUcÞI without lend.,'. prior
written consent.
.......... of L....4.--. G_..... not demolish or remove any Impro-'- from the Reel Property without lender's prior wrlthln
consent. A.. condition 10 Ihe reRlOllll of .ny Impro-' l8nder may reqtjre Grantor to "",ke 8ß'IIJI 8MIIfI aatlefectory to lender to
repl.c. auch Improvement. with Improvem.nls of at ""et equal vel....
Lender'. Right 10 Enter. lender end Lande". agents and r._ntltlv.a mev enter upon the R.al Property II ell reuonebl. time. 10 attend
10 Lende"s InlSr..I.end 10 Inspect the R..I Property for purpoaae of Gr.ntor·1 comp/Jence with the ISrm. and conditione of thl. Mortgag..
~ willi 0-- ......f Re~_ G_ shell promptly comply with all Iøwe. ordInIIncee. .... regulatIOns. now or hereeh.r
In effBCt of eI' ~ luthorItIH appIIceble 10 the ... or occupency of the Pntparty. GrIIn10r may conleBt In good filth .ny such
laW. ordÍnence. or AlgUletlon and withhold &œIf)Ianœ dIñIg any proceeding. including epproprielSlI I IItIIIa. eo long .. Grentor hila notified
l8ndør In writing prior tII doing eo and 10 long II. in t.ender'.1Ioie opinion. lendet·.1ntere81S1n the PnIperty ere not jeopanllzed. Lender
mlY require Grantor to IDIIt adequate lUlCurIty or a .unnv bond. rea8llRllbly .lIIIsfactory 10 Lander, 10 pro1IICt Lender'. in_to
Loan No: 110072261
MORTGAGE
(Continued)
OOGj.92 Page 2
Duty to Praœct. GrlntOr Igreel neither to lbandon or llIve unettended thl Property. aranlOr IhlU do III other eets. In edditlon to thole
.cts .et forth .bove In thI. MCIIon, which from the charllCter end ute of the Property.re re.eon.bly neee..ery 10 protect .nd preserve the
Property.
DUE ON SAlE - CC*SENT BY LBIDER. lender 1IIIIy, at Lender'. ~ decI.re immedillllly due end IIyIb/e 811 eums .ecured by this
Mons. uPOn the II" or trlMfIIr. without Lønder'. priOr written COIISMt. of .n or env IIYt of the Real Property, or .ny Interllt in the Re.1
Property. A·.... or tr."""· __ the eo__ of Rill Property or ""V right. title or ""-t In the Reel PJopeny; whether 1eg.1. beneflci.1
or equitable; whether "",.-y or 1nvoIuntIry; .....". by outright ..... de8d, Inst-'Iment .... conlrlCt. lend contnICt. connct for deed.
1e...hoId Inte_ with . term grwatIIr then "- 131 years, Ie-.optlon CCHI!J1ICt. or by..... eeaignment. or trenef.. of ""V beneficial Intere.1 in
or III .ny lend _ haldlng title III thø Re.' PJopeny, or by ""V other method of COfIVIIVIIICOJ of en int8N1t In the ne.1 PropertY. However. thie
oPtIon .hIII not be ~ by Lender if euch....... Is prohibited by IedenIII.w or by Wyoming law.
TAXES AND UENS. The following provl.lon. rel.ting to lhe t.Kel .nd liens on the Property.re pert of thl. Mortg.ge:
~. Granlor .hall plY when due Ilnd In .11 event. prior to debnquency) .n tlXe.. Plyroll teXl.. speclel t.xn, .....sments. water
Chervil .nd .ewer ..rvlce chlrge. levied lO8In.1 or on 8CCount of lhe PropertY. .nd shell pay when due all clelml for work done on or for
oervlcea rendered or m.teri.1 furnished III the Property. ar.ntor .hell meint.ln the Property free of .ny lien. h.vlng prioritY oVlr or equal to
the Int....t of Lender under thl. MortglOe. eKcept for the Exletlng Indebt1ldne.. r.fe"ed to In this Mong.g. or tho.e He... apeclflc.I'y
8 reed to In writing by Lender. end eKcepl for the lien of 18IIel and ......ment. not due .. further apeclfled In the Right to Contest
p.rlOr.ph.
RIght to ~t. Grantor m.y withhold p.yment of .ny tex, ......ment. or claim In connection with . good f.lth dispute over the
obllg.tion to paY. .0 long .. Lender'. Intere.t In the Property I. nol eoperdlzed. II. Hen .ri_ or Ie filed .. . result of nonp.yment.
Gr.ntor ahell within fifteen 11111 deya eftef the lien ...... 01. If. lien ia flied. within fifteen 1161 deya IJfter GrantOr he. nolic8 of the fnlng.
_e the dhIdIarge of the lien. 0111 requeaœd by Lender, depo8It with Lender CIIh or a auffIclent: corporetIJ aurety bond or other aecurlty
e81laf.ctory to lender In en amount tIUffIc/ent 10 diachelge the lien pIue .ny coats end nIIIORIbIe attorneys' ÑU. or other charges that
-*I ecClUa es . reauIt of a fonIcIœunt or .... under the lien. In anv co_to ar- shill defend IÞeIf end l8nder end shel alti.1v .ny
ad_ judgment before anforcemenl lO8Inlt the Property. Granlllr ah.1I n.rne Lander .a an additional obllga. under .ny auretv bond
furnl.hld In the conlest proceedlngl.
~ of ....,..... Grantor .hall upon demend furnlah 10 Lender ..tI.factory evidence of payment of th. texe. Or ......ments and lhell
IuthOrlze lhe appropriate governmant.1 official to deliver III Lander .t eny tlma . wrillan .tatament of the texaa end ......ments Igalnal
the Property.
Nødce of C.-wctlon. Grantor .heH notllv Linder .t Ie..t flft..n 1161 deva before .ny work i. commanced, any .ervlce. are fumlahed, 0(
any m_rllI. era supplied to the Property, If .ny mechlnic'. lien. materi.lmen'. lien, or othlt H.n could be ...ertad on account of the
work. IIrvlees. or materials. Gr.ntor will upon req....t of Lender furni.h to Lander adv.nce aaur.ncaa a.llafactory 10 Lendar Ihet Granlor
C.n and will pay the co.t of .uch Improvements.
PROPERTY DAMAGE INSURANCE. Th. following provision. relating to I...urlng the Property .re . part of thl. Mortgag.:
M......nenca of lnIouren.l. GrlntOr .h.1I procure and maJnl.in policies of fire insurance with .Iand.fd extended coverlge .ndor.em.nt. on
a repllcament b.aIs for the full Insurable value ooverlng .1 Improvamante on the Re.1 Property In an amount aufflclenl to .wld apPlication
of any col...ur.nce cl.Ule, end with. .t.ndard mortglO88 clause In favor of Lender. Pollcl.. .hall be written by .uch I...urance compenle.
.nd In .uch form .. m.y ba ....onabJy .ccepteble 10 Lender. Grantor sheH deliver III Lender certificates of cover.ge from elch Insurer
cont.lnlng I .tipul.tion thet coverage wUI not be e.ncelled or dlmfnJahed without a minimum of ten (101 d.V8' prior written notlca III Lender
.nd not cont.lning .ny dl.clalmlr of the Insurer'. H.bllltv for f.Hure to give .uch nollce. Each lne_nee policy .1.0 .h.1I Include .n
.ndor.ement providing that cevereoe In f.lIOr of Lender wW not be Impaired In any w.y by any .ct. oml.llon or default of Granlllr or .ny
other petaon. Should the Reel PJoparty be locBtad In .n erea deaigneted by the Dlractor ef lhe Feder.1 Emergency MllRlgement Agancy a.
a .pecl.1 IIood hazard .re.. Grantor .gre.. 10 obt.ln .nd maintain Fed.raI Flood lneur.nee, If .vell.bI.. for the m.xlmum amount 01
Gr.ntor'. credit Une .nd the full unpaid princlpet b.lanc. of env prior Ilene on the property .ecuring the Io.n, up to the m.Klmum policy
limits eat und.r the N.tlonal Flood lneuranca Program. Of a otherwise required by Lendar. .nd III maintain auch In.ur.nce for the tarm of
the loan. .
A.......... of "'-dB.' Gr.ntor .hell promptly notify Lender of any 10.. or d.meoe III the Property II the estimated co.t of repelr or
replllC8l'l'l8l'lt BK08ad. "1,000.00. Lender m.y m.ke proof of Ioaa II Grentor falla 10 do 10 within fifteen (16) d.y. of the CllUalty.
Whether or not Lender'. aecurltY Is Impaired. Lender m.y. at Land..'. elaction. receive and reteln the proceeda of any Inauren08 and apply
thl proc..de to the reduction of the Indebted_. payment of .ny I.n .ffectlng the Property, or the re.tor.tIon .nd rep.lr of the Property.
If Lander eleotl to apply the proc..d. III re.toration .nd repair. Grantor ohal' rep.1r or replica the d.mlOed or destroyed Improvements In .
mennar satistactoty to Lender. Lender 1IhaII. _ ..tlafBctDry plOOf of.uch 8X 1811d1tunJ. pay or reiJnbune Grentor from the proc:eeda for
the l'IIIOnable coat of repelr or JU1DnItion if Gremor Is not In def..1t under this Mortgage. Arrv JIOC8ad. whiCh have not been dleblned
within 180 daye ef1Iar their I8C8ipt end which Lender ha not committed to the f1I I8ir or _lion of thø ProI*tY ah8II be uaed flrat to pay
any .tnount owing III Lender under thIa Mortgage. than to pay IICCtUId "'-'- .nd the remainder, If 8RV, aha. be 8 J ll1ed to the principII
bel.nee of the Ind.btedne... If Lander hold. any proceeda Itter p.vmanlln full of the Indebtedneal. .uch proc.eda ah.1I ba paid fO G rentor
.. Grenlllr'. Int"l.t. may appe.r.
Com IIieMa with lildatlnglndellta*lal.. During the peJiod In which .ny EKI.ting Indebtednea described below I. In affect. compliance with
the Inaur.nce provtalons conl.ined In lhe 1"'_1 avldenclng auch Exletlng Indebtedne.. .hall con.dtul8 compll.nce wIth the Insurlnce
provl.lon. under thl. Mortgage, 10 the ."'enl compll.nce with the hlrml of tN. Morlgege would con.tilure a dupllc.tIon of Insurance
requlr.ment. If any proceeda fJOm the Inaur.nce become plYlbIe on 1018. the provl.1ona In this Mortgage for dlvi.lon of proceed. .hall
.pply only III thet po"lon ot the proceeds not pey.bIe to the holder of the ExIsting Indebtednesa.
LINDER'S !XPENDITURES. II Grantor f.W. fA) 10 keep the Property fnJe of a. t.xa.. lie.... Mcuñtv Interull, encumbr.nce.. and other claim.,
181 to provide .ny required lneur.nee on the Property. ICI to make repelra to the Property or III comply with .ny obligation III malnteln ExIsting
I~ In good ItInding .. nJC uInMI below. than Lender may do 10. If _ .ction or WOC8ed1ng is commenced that would m_ially
affect l.ender'. Inter_ in the Property, than I..ender on Grentor'. behalf mev. but is not required III. teke _ ectIon that Lender believa. to be
_pr_ to pro1Bct Lend..·. __. AI __ inCurred or paid by Lander fa< euch purpoMII wi. than ...... _ .t the r.te charged
under the Credit Agnoement flam the "- Incurred or paid by I..ender to the _ of JePl-" by Grantor. All """" 8X )IItIII8 wiD become. pI"
of the Indebted..... end. at Lender'. oPtIon. wID fAl be pevable on demand; 181 be eddad to the balanCe of the Cnldit Agreement .nd be
.pportIoned among and be peyIIbIe with .ny lnatellnwlt ,...",- to become due during .lther 111 the term of _ .ppllc..... lnaurllllCl policy;
or 12) the remaining term of the credit: Agnoement; or ICI be tJ88ted .. . balloon paymara which wit be due end peyebIe at the Credit
Agreement'. maturity. The Mortgage .110 will eecunt payment of "-.mounta. The tlghll poOVIded for in thIa I8I'8OI'8ph .hen be In addition
to _ other righta or _ Jemedles to which lander may be entitled on _nl of .ny defeult. Arrv euch action by Lender sh." not be
conauued .. curing the defellt 10 II III bar Lender tJorn env remedy that It otherWlae WOLØd have had.
WARRANTY; DEFENSE OF TITLE. The following proviaiona relating to ownerah1p of the Property .re . pert of thla Mortgag.:
TItle. Grentor warr_ thet: tal Grantor holds good and merII8tabIe title of recard III the Property In ,.. 1impIe, free end cleer of allllan.
.nd encumbnJnc8e other then those _ forth in the Real Property dIIeription or in the ExIsting Indebtlldneaa aaction below or In any title
Insur.nce polley, title report. or final title opinion Issued In fewr of. end eccapted by. Lender In CORIWCtion with this Mortgage. Ind (bl
Grentor .... the full right. _. end autharity to a_e and d8INet thle Mortgage 10 Lender.
Der.- of TIlle. Sub ect to the exception In the perll reph aboIII. Gr_ werrentll and will forever defend the title 10 the Property ag.lnst
the lawful cIeimI of eII.-.ona. In the __ _ .ctIon or proceeding Is commenced that q.-tlo... GJ8RIOr'. title or the Inbl_ of Lend..
under thIa Mortgage, GF8ntOr wll defend the IctIøn .t Orentor'e tlXperwe. GrentOl may be the nominal party in .uch proceeding. but
Lender ahaII be entitled to pertic/pIte in the proceeding and to be repreaented In the proceeding by c:ouneeJ of Løndar's own choice. .nd
Gr.ntor wlH deliver. or CI~ 10 be delivwed. to Lencl8r auch lnetrumanta II Lander may Jequeat fJOm ti..... III time to permit .uch
partlclpetion.
~ With~. Orentor WlrrantS that the Prapeny and GrantØJ·' .... of the Property compIes with .1 exiating eppl'lCIIbla I.wa.
ordinance.. .nd r.gulatlon. of govemmental euthorhiel.
Survlwl of PrOmIau. All proml.... agreements, end .t.tem.nt. Granter h.a made In thle Mortgage .hall .urvive t~ eKecutlon and d.llvery
of thl. Mortg.ge, .hell be continuing In nlture Ind ahall remain In full fo,c8 and .ffaét I.01t11 .uch time 18 Grentor I Indebtedn... la paid In
full.
EXISTING INDEBTEDNESS. The fonowing ptOvI.lo... concerning EKilting Indebtedne.. are a pert of thla Mortgage:
Loan No: 110072261
MORTGAGE
(Continued)
OO{~:193
Pege 3
ExIatIng lien. Th. lien of thl. Mortg.ge 'lICurlng Ihe Indebtednes. mey be second.ry and inferior to en .xl.tlng lI.n. Grantor .xprBa.ly
covenants .nd .gree. to p.y, or... to the payment of, the ExJ tlng Indabledn_ .nd to prevent eny def.ult on .uch Ind.btedneaa, Iny
def.ult under the instruments .videnclng .uch Indebtedne.., o. .ny d.fault und.r any ..curlty documenl. for .uch Indebtedn....
No MCJdIflclltlon. Gr.ntor .h.1I nol .nter into .ny agraemant with the holder of .ny mortgage, d..d of Iruat, or olher ..curlty agreement
which h.. priority over thI. Mortgege by whim that .greemant is modified. .mended. extended. or renewed without the prior written
consent of Lender. Grelltor .hell neither request nor accept eny future adv.nC8tl under .ny .uch .ecurlty agraement without the prior
wñtten COR8811t of lender.
CONDEMNATION. The following provl.lon. rel.llng 10 condemn.tion proceadlng. are a part of this Mortgage:
PnIcaadIntr.. If.ny proceeding In condemnation II tued. Grenlor .hen promptly notify Lender In writing. end Grantor .h.1I promptly take
such 'tepa .. m.y be nee....ry to d.fend the action and obt.ln the .w.r<!. Grenlor m.y be the nomln.1 p.rty In luch proo.edlng. but
Lander shell be entltied to particlpat. In the proçeedlng and to be repreaented In the proceeding by counsel of Ita own cholc.. Ind Grantor
wIll dellvar or ca.... 10 be deUverad to lender luch Inslrument. and documentation as may be requested by Lender from time to time to
permit auch participation.
AppBcetlon of Nø Procelda. If.1I or eny pert of the Prøperty I. condemned by emlnellt domlln proceeding. or by any proceeding or
purch... In lieu of condemnation. Lender m.y .t Its elecllon require thel all or any portion of the nat proceeda of the .w.rd be applied to
the Indebtedne.. or tI18 repair or _toratlon of the Proøerty. The net prooeed8 of the awer<! sh.1I m.an the aw.1d .ft.r p.yment of all
reaaonable coat., expensel, and .ttome.,.· f... Incu.....d by Lander In connection with the condemnotlon.
IMPOSrrlON OF TAX£8. FEES AND CHARGES IY GOVERNMENTAl AUTHORITIES. The following provisions relating to goverrvnental taxes,
feee and chera" _ . part of thle Mortgage:
Currant T..... FeN MIl C....... Upon I'IIC U88I by Lander. Grelltor .ha" executs luch document. In lIddlt10n to thl. Mortg.ge .nd take
whet.ver other action I. requ..ted by Lender to perfect end continue Lender'. Nen on the Real Property. Grento. .hall relmb..ae Lender for
all tu... e. deacrtbed below. together with .11 axpens.. Incu"ed In r_dlng. perfecting or continuing this Mortgage, Including without
limitation al tex... lee.. documelltary .t.m~. .nd other chlru" for recording or regJlter1n9 thl. Mortg.ge.
T..... The following shell conatltute t.xea to which thl. _ctlon .pplJø.: (1) a .peclflc tel upon thIa type of Mortgege or upon all or any
part of the Indebtedne.. ..cured by this Mortgage; (2) . .peclflc tax on Grentor which Grantor II authorized or required to deduct from
p.yments on the Ind.bt.d..... ..cured by this Iypø of Mortgage: (3' . t.x on this type of MortgagB cherge.ble .g.lnet the Lender or the
holder 01 the CredIt Ag_mellt. and {41 a .peclflc tax on III or eny portion of the IndebtBdne.. or on p.ymenta of principal and Intereat
made by Grentor.
Subaøqu_ T..... If eny tax to which thI. _lion eppli.. II enactad aubsequenl to the dete of this Mortgage. thla event lIIall hava the
..me effect el .n Event of Default. and Lender may ex.rci.e any or ell of Its evaU.bla r.medJea for an Event of Def.ult .. provided below
unlaae GrBntor elthe. (t) pay. the to before It become. deDnquent, or (21 contBIts the t.x IS provided above In the TexBa and Llena
.eetlon end depo.lt. wIth Lender oaah or e .ufflclent corpor.te .urety bond Or other 88Curlty Iltlef.ctOty to Lander.
SECURITY AGREEMENT: FINANCING STATEMENTS. The fotlowlng prevl.lo... r.lating to thla Mortg.ge la e .ecur/ty .greemenl ere. p.rt of
thie Mortgege:
SlGUJfty A fHment. ThIs Inltrument aheJl conatltute e Securtty Agreement to the extant eny of the Property conatitule. flxtur.., and
Linder .hell heve .11 of the rlghta of e .ecured p.rty under the Uniform Commerclel Coda es amlnded from time to time.
Sac..ity 1__. Upon request by lender. Grantor .holl teke wheteVl. action I. requested by Lander to perfllCt Ind continue lender'e
811C1a'1tv In_In the "--' Property. In Mdhion to .ecording this Mortgeøe In the reel property reconIa, IMIdør may. at eny time end
without further euthortzetion from GrentCII. file 8IIIICUted countaJperta. coplee or reproducttor. of this Mortgage ... B tIn.nclng _tement.
GrentlJr ahaIIl'IIImburee Lander for all 8X J8Mft Incurred In perfecting or cantinulng thia aecurlty irlte.-f. Uøon defatJlt. Grantor aMII not
_. _r or detach the Personal Property hom the Property. Upon default. Grantor .heII _mbIe eny Pereonel Property not affixed
to the Property In I manner end .t . piece ....cnellly convenient 10 Gr.ntor .nd Lander and meke It evelllble to I.ender within three (31
da.,. after receIpt of written demlnd from Lender to the extent pennlned by .ppllcable law.
AddrNaBl. The mailing eddre.... of GreMOr (debtor, and Linder «.ecured party) from which Informetlcn concemlng the .ecIMlty Intere.t
granted by thl. Mortga ll may be obtllned (.ach a. required by the Uniform Commerclel Codel .re as 8tBled on the IIrlt page of thll
Mortgage.
FURTHER ASSURANCES. ATTORNEY-IN-FACT. The following pmylslona reIetIng to further ...ursnc.. .nd .ttomay-in-fect ere e pert of this
Mortgege:
Further Aa_.. At any time. end from time to time, upon reque.t of Landef. Grantor wll mek., .xecute .nd deliver. or will cause to
be mede. .xecuted or cleUvered. to Lender or to I.ender'. deaJøn... end when requealed by Lend.... c.u.. to be flied. recorded. reflled. or
....corded. .. the ca_ RIllY be. .t .uch times .nd In auch offlca end pIacea .. Lender mey ~ ap ll'Opri.te. ønv end aD euch mortgages,
deødø of truet. _curfty deed8, aecurity 1l l88ß\8fl18. financing statements. continuetion lltal8m8nte. In8trumønlB of fu'ther aeaurlnce.
certltlcal88. .nd other cIoCgMnta .. may. irI the sole opinion of lerII*. be nec:easary or de8irabIe In order 10 efløctuate. c;omp!eta. perfect,
continue. .... preeerve 111 Grantor'. obligations under the Credit Agreement. thia Mortgage. and the Related Document.s..nd (2) the
Ilene .nd II8CUrfty 1_ cnoeI8d by this Mortgeøe on the PIoperty. whether no... owned .... hereafter acquired by Gr_. UnIeu
prohibited by..... or I.8nder øgreM to the contrary In lllriling. Gl'8RIor aha. relmbunle Lander for all coata and expenaøs Incurred In
connection with the matters relened to In this panI fIIph.
A~Føct. If Grantor faiJa to do eny of the tNngs rehomId ID In the prøcedIng fI8I8IIt8 Jh. Lender may do 80 for .nd in the name of
Gr_.... .nd at Grentor'. 8X I8IW8. For such pur lOS88. Grantor hereby InevocabIv eppoInts Lander ..Gr.....".. ettorney./n·fect for the
purpose of making. ~. dallvertng. filing. røcol'dlng. and doing ell otMr thinga .. may be __ry or dealreble. In Lander'. .ole
opinion. to eccomplish the __ referJ8d to In the preceding per.,..
RIll PERFORMANCE. If Grantor pe.,. eM the Indebted.... when due. termln_ the cnodit line account, and othB...... pertonns all the
obllgetlona Impoaad upon Grentor under thIa Mortgege. Lander .hall e_ and deliver to Grentor e IUitabIe 88ti8løct1on of this Mortgege .nd
.uitable statamenta of termination of ønv financing ataI8..-. on file øvidenCIng Lender'e II8CUrfty Intet88t In the Rente end the Pareonal
Property. Grentor wIA pay. If permftted by applicable Jew. env reøaonebI8 rannlnatlon ,.., .. detannlned by Lander from time to 1Ime.
EVENTS OF DEFAULT. Orantor wll be In defauft under this Mortgage If _ of the following happen: fA) Grantor commits froud or make. I
material ml......ntatlon at _ time in eonnecticIn with the Cred'1t Agreement. Thia cen Include. for 8Xlmple. a false Bt8l8menl about
Grantor', Income. .-eta. ßebIIItiea. or env other .. 18Ct8 of Gnntor'. flnenclel condition. IBI 0_ doea not meet the repayment terms of
the credit AII-. ICI G_', action ....1nectIon adwneIv affecte the collataral .. Lender'. rlgh18 In tI18 colleteral. TN. can incIud.. for
example. fellure to maintain required Insure.... WBlte .... d_uclive ... 01 the d.....ing. failure ID pay _.. deeth of aD J8t8OR8 Dable on the
account. tr"'" of title or .... of the dwellng. c:reøtIon of . aønlor lien on the dwelling without Lander', permlaslon. forøc:lo8unl by the holder
of enolhar Uen, or the uae of funde or the dwelling for prohlbltld purpoaØ8.
RIGHTS AND RiMEDIES ON DEI"AUL T. Upon the occ..rence of en Event of Def.ult .nd at any tlm. thereafter but subJect 10 any IImltetlon In
the Credit Ag_ant or .ny Imitation In thle Mortge e. Lander. .t Landef's option. may ax.relae anyone Of mora of the foRowlng rights and
re_dlea, In eddltlon to any other rlghl. or ,.madlea provided by law:
Accelere18 Indebte...... Lender aha/I h.ve the rf!tIt at lIB opdon without notice 10 Gr.ntor to declere the antlr. Indebted..... Immedlataly
due .nd peyable. including eny prepayment penalty th.t Gr.ntor would be required to pay.
UCC R....... With· røpøct to ell or any part of the Pllr8Oll81 Property. lander ahal have .U the rights and remedies of e .ecured perty
under the Unlfomt CIJIIVIJINClaI Code.
CoIect "-å. Lender ahel have tI18 right. ...Ithout notice hi Grentor. to take poaaaslon of the Property. Including during the pendency of
hlrecJosure. whetMr judicial.. non- udidaI. end collect the "-å. ~uding ~ pest due and unpeId. end apply the net proceeds, over
and ebeve Lander'. _18. ega1nBt the I~. In ~ of this right. Lander mey require any _t or other ....r of the
Property to make peyrnenI8 ot rent or uae .... dittJctIy 10 1..endiI". ." the Rents e" coIacted by Lander. then GrentCIIlmlvocably deSlgnatel
Lender .. 0._". øttorIJ8Y-In-fect ID endona ~ ~ in IJ8YII*1f thereof In the name of Grantor .nd ID nagoti818 the _me
Ind coiI8Gt the proc:øad8. Pavmønts by _ or other ....rs~·IMnder In reapIIN8 to Lander'. demand shell .8tI8fy'the obIIgetlollB for
which the peymentS _ made. whether or not any pro'!8' ØfOUII!II for the dømIInd exiBted. lender may .ørcIae Ita rights under this
aubparagreph either in JInM. by 8 8nt, or throu h . r__, '
Loan No: 110072281
MORTGAGE
(Continued)
ÛO,t·'·1.q4
<01 U .,.
Page 4
AppoInt ø.a.Iwr. Lender Ih8II '- the right to hew a recel..r II J IOinted to taka ~ of" or any part of the Property. with the
power to IJIOtact and ....... the PnIperty. to _ta the Pmperty preceding foNcIMunI or ...., _ to collect the Rents from the
Property _ apply the proceeda. __ and ........ the cost of the nlC8lwrshlp, lI IIinat the IlIdebted>_. The........ may serve without
bond If permitted by law. Lander's right to the Ippolntment of a racel...r .hall .xist wheth.r or not the apparent value of the Property
.xcll8dl th.lndabled..... by asub.tantlal amount. Employment by Lender .hall not disqualify a peraon from aervlng ... r.c.lver.
JudIoIe fcINGIoeure. L.ndar may obtain a judlcl.1 decree foreclo.1ng Grantor'. Intamt In all or .ny pa" Of the Property.
Non)udIcIet Sale. Lender may for8doae GrentDl'a In~ In eO or In eny pa" of the Property by non-judlclel ..... and apeclfically by 'power
of ..... or ·edvertl_ and ..... folllCloauJe .. pmvlded by _ute.
DIIfIoIeney JudgmMt. If permitted by epplic.bIa I.w. Lender m.y obtain. judgment for .ny daflclencY remaining In the Indebtedneaa due
to Lender sftar application of .11 .moUMa received from tha axerclse ollh. rights prOvided In thi. 18ctlon.
T.nanøy at Suffw8nc., It G,antor remains In po.....lon 01 the Property after the Property I. .old .. provided above or Lender otherwlae
becomel entllled to po_lion of the Property upon default of Grlntor. Grantor Ihall become a tenant 81 lufferanca 01 Lender or the
purch..er tlf the Property and .hall, at Lender'. option. either 111 pay a real_ble rental for the usa of tha Property. or /2) vacale the
ProPertY Immedlltely upon the demand of Lender.
om. Remedlq. Lender shell have In other rlghta and remedlea provided In this Mo"oage 01' the Credll Agreem.nt or av.llabla at law or In
equity.
Sale 01 the Property. To the extent permitted by appllcabl. law, Grantor her.by walv.a any and all right to ha... the Property maf.halled.
In exercising Ita rlghta and remedl.., Lender ahall be free to aell all or any 118" 01 the Property together 01' separat.ly, In one lal8 or by
aep"lt. aalea. Land.r ahall be entllled to bid at any public aele on all or any portion 01 the Property.
NGtIce of ... Lender will gI.. Grantor rea.onable notice of the time and Place of any public aale of th. P.rson.1 Property or of the time
alt.r which any priv.te aale or other Intanded dlspolltlon of the PartOn.1 Prop.rty Is to be m8de. Reaaonable no1k:. Ih.1I mean notice
given at lea81 ten (10) deVIl before the tlm. 01 the sale or dl8poalllon. Any .ale of the Perlon.1 Property m.y be made In conjunction with
any ..Ie of the Real Property.
EIeatJan of............ AD of Lender's rights and remeclee will be cumulortIve .nd may be exen:ised IIIone or tDgeIher. An election by
Lender to c:hooae any one I'ImIIdy will not ber Lender from ualng any otœr Jemedy. II Lender deCIdes to spend money or to perform any of
Grantor's obllgstlon. under tN. Mo"gege. .lter Gr.ntor·. lsilure to do so, that decision by L.nd.r will not effecl Land..·. right to daclare
Grantor In def.ult end 10 ....rcl.. Lender'. remedle..
Attorneys' ""õ EIqIenøee. If L.nder lnetltutea .ny IUIt or øotlon to .nforce .ny 01 the terms of thIe Mortgege, L.nder lhall be entitled to
r.co...r such sum .. the COO" mey adjudge ...eonable al .tlomay.· tee. .llrial and upon .ny appe.l. II\Ihether or not .ny co<.n aCllon I.
Involved, Ind to the extent nol prohibited by I.w, ell r..aonable upen.e. Lender Incurl that In Lender'. opinIOn .re Dlcee.ary .t any time
tor the protacllon of Ita Int.....t or the enmrcllFllent of ItI rlghtl Ih.1I become e Plrt 01 the Indebtedneaa peyeble on demand and ehall be.r
IntBnJSt at the CredIt Agreement r.... from Ihe detll of the .xpendture until J8 IIid. Expenses covered by thIe l8nl l'aph include, without
IimItIrtIon. howww subJect to any Iimita under øppIic.bIe law, Lender's _ebIe attorneys' tea end Lender's !agel __ whether or
not there Is a IawIKit. incluclng reuonabIe _rneye' tea after default .nd ..ferral In an attorney not Lander's ....rled employee and
expe.... for bankruptcy ~ Dndudlng efforts to modify or vacate any autIImetk: I1Iy or I~. .ppeaIs, end any anticipated
poøt-judgment collection ....-vicea. the _ of _rchIng recorda. obtaining 1IIIe repol'!» /including forecIGauJ8 reportal. surveyors' report..
and a ! lr.ls.1 leea .nd title lneurlne., 10 the .xtent permitted by .ppllcable law. Gf.nlor.18O will pay .ny COU" com, in .ddltlon to .11
other aum. provided by I.w.
NOTICES. Any notice requited to be given undar this Mo"O.ge, Including without limitation any notice of del.ult and anv notice of 1.le ah.1I be
gl...n In writing. and shall be effecti... when eclu.11y delivered, when .ctu.11y received by lelef.cslmile tunl.. otherwl.e r.qulred by I.wl. when
de~itad wIth . nationally r.cogn/2ed o...rnlght courier, or, II m.lled. when de~lted in the United SISt.a m.II, 81 II,.t cl.... c.rtlfied or
ragletsred mail po&laoe prepaid, directed 10 the .ddre.... .lIown near the beginning 01 thll Mortgaga. AN cople. of notleea 01 foreclo.ure from
the holder of any lien which hae priority __ this Mortgage shall b. lint to Lender'. eddrea. ea shown _ the beginning of thIe Mortgage.
Arty person may cflange his or '- addrea far noIÌCI8 uncIer thIa Mortgage by giving formal written notice to the othet person or pereoRS,
_clfying tIuot the pur..- of the notice 18 110 change the person'a add_. For notice U J0888, Grantor II I'MS to keep Lender Informed .t all
times of Gr.ntor·. current eddr.... UnI... otherwlaa provided or required by I.w. If theJ8 II more Ih.n one Gr.ntor. any notice given by Lender
to .ny Grantor Is deemed to be notlc. glv.n 10 all Gr.ntore. It will be Grantor'. re.ponalblllty to tall the othere of the notice hom Lender.
MISCaLANEOUS PROVISIONS. The following mllcelllll80us provlølone .r. a p." 01 thle Mortg.ge:
Amendmenta. What la written In thll Mortg.g. .nd In tha Related Documents I. Grantor'. enllr. agreamenl with L.nder conc.rnlng tha
matt... co...red by tN. Mo"gage. To be .ff.ctlva. sny chsnge or emandmenr to thl. Mo"gIO. mult be In writing .nd mu.t be .igned by
whoelllf will be bound or obligated by the ch.nge or amendment.
Caption H..dlngs. C.ptlon headlnga In till. Mortgage af. lor convenience purpo... only and .re not 10 be u.ed to int.rpr.t or defln. lhe
provt.lonl of thle Mortg.ge.
G_nlng L8w. This Mortgefe will be ._ad by ........ law eppII...bIe 1D L....... and, to the sxtent not.....mpted by feder1II /IIw. the
Iewe of the s.e of Wyoming wIthOut re 8Id to lie -'IIct8 of /IIw prqvIsl_. 1Ws Monpp ... ....n eooeptacl by Lender In the Stete of
WyOftllng.
CIIaIc. of Venue. If there I. .'.w.ull. Gr.ntor agree. upon Lender'. requelt to .ubmlt 10 Ihe Juriedlctlon of the courl. of Sublett. County.
Stata of Wyoming.
Joint and S_reI LIebIJty. All obligations of Gr.ntor under thIe Mo"g.g. ahall be joint .nd .everal, Ind III rel.renc.. to Gfanlor .hell me.n
..ch .nd .very Granlor. ThI. mean. th.t each Gr.ntor .Ignlng below a r..ponelble for .11 obllg.tlOIII In thl. MortlJ8lle.
No ~ by Lender. a-r underetIInda Lender wll not give up any tlf Lender's righta .... thI8 Mortgage unless Lander doe. 80 in
writing. The fect thet Lender deleya or omits 110 -.:lee .ny right wit not mean tIuot Lender hae gIvM up tIuot right. If lefIder doe. II f'I8
In writing In give up _ of Lender's rights. that does not _ Grantor _ not heYø 110 comply with the au- provIaIo.. of thIa Mortgege.
GJ8Ittor aIeo understanda that If Lender does ....- to a '-" tIuot does not mean tIuot Grantor win not h.... 110 get Lend...·. coneent
II IIln If the altuation "-'- again. G_ further lIII,d...It."da Ihet juat bec.188 Lender _ to one or more of Grentor's requeata.
that does not mean ......... wit be requ/nId to co...m to any of Grantor's futulWrequeata. G_ w.ivee prMenIment, demand for
payment, IRItaIt, and notice of dIehonor. Grantor w.. all rights of exemption 110m execution or simler law In the Property. and Grantor
agr_ that the right. of L.nder In the Property under thIe Mortg.ge ere prior to Gramer'. rlgh~ whg. this Mo"g.ge rem.in. in .ffect.
Sewreblllty. If. court finds th.t .ny provl.lon of thI. Morq¡age Is not v.nd or .hould not be .nforced, thaI fact by It.elf wlH not m.an that
tha re.1 of thl. Mortgege wNI nol be valid er enforced. Ther.fore. a court will enforce the "It of the pmvl.lone of thi. Mortgage evan II ·
provlelon of thla Mortgage may be found to be Inv.Nd or unenforce.ble.
Merger. There Ih.n be no merger of the Intere81 or .Itata cr.ated by thle Mortgage with .ny other Int....1 or .Itata In the PropertY .1 any
time h.1d by Of for the b.neflt 01 L.nder In .ny cep.clty. without the written conaent 01 Lender.
SoIDan.a.. and AaIIIM. Subject to any lImItetiona It8IIId in this Mortgage on __ of Grantor·alntareet.thla Mortgage shall be binding
upon end Inure to the benefit 01 Ihe pertIea. their __re .nd _1g1II. If ownership of the Pro l8fty ~ WIIIt8d In . person other
lhen Or...OI'. Lender, wlthour nøtIce to Grantor. may deal with GrentoI". __ with reference to thia Mortgage and the Indebtedness
by way of foIbeet...... or extenalon without: JeIeeaIng Grantor from the obligations of thI8 Mortgage or IlabI1ity under the Indebtedneee.
TIme Is of th. Eaaence. Tim. I. of the ...ence In the perform.nce of this Mortgage.
Waiver of Homeeteed 1ExMnptIon. Grantor hereby rei..... and w.l...a .11 righta end benelltl of the home.I..d exemption law. 01 the St.t.
of Wyoming .1 to alllndebtednes. ..cured by thle Mo"gaue.
DEFINITIONS. The following wordII ..... "- the foIowIng meanings when used In this Mortgage:
-.-. The word ·Borrower· meaN CI1riIItIJpher P. Hawley and Carl. A. Hawley.nd Includee en co-tIïgners and e&-mak... algnlng the
Credit Ag.......nt .nd al their _re and a88igne.
CMdI A~ The worde ·CrecIt AgrMment" mean the credit IgIMm8fIt datad July 31. 20/)8, wIIh credit limit of
$105.400.00 ~ Grantor In .......... tDg8ther with all renew.l. of. extenalone of. modIllcalions of, rellnenclnga ot,. consolidations of.
.nd aubetItuIIona lor the promieeOrY note 01 ...-. IIOTICE TO GRANTOR: THE CREDIT AGREEIIÐIT CONTAINS A VARIABLE
Loan No: 110072261
MORTGAGE
(Continued)
0001.95
....
PageS
INTEREST RATE.
~ '--. The words 'EnvInJnmøntaI La_' mean any and aU atate. fJJCIenII and local __. regùlltlona and ordinances
releling to the IRItIICIÎoo of human health Dr the envI_t. Including whhDut imitation the Comprehenalve EnvIrcInmenteI Responae,
CotnpenaatlDn. and Uability Act of 1980. as amended, 42 U.S.C. SecIÍDn 9801. ef seq. ¡"CERClA "I. the Superfund Amendments and
ReaulhDrlzatiDn Act of 1986. Pub. L No. 99-499 ¡"SARA"). the Hazardous Materials T~ Act. 49 U.S.c. Section 1801, el .sq.,
the R..ou",," Con.."'"tlon .nd Recovery Act, 42 U.S.C. Section 6901, .1 ssq., or other appllc:.obl. .I.t. Dr federel I.w., rule., or
regul.tions adoptad pursu.nt thereto.
E...nt of DefMIh. Th. word. 'E...nt of Def.ult' main any of the ....nt. of def.ult lilt forth In this Mortglge In the events of deflull
lectlon of this Mortg.ga.
ExIsting ~ass. The words 'Existing Indabtedness' mean 1he Indeblednel. described In the Existing Llena provision of this
Mortgage.
G_r. The word 'Gr.ntor' m.s". Chri.toph.r P. HswleY Ind Carl. A. H.wley.
Halllfdoul Subetanc... The worda "H.zardoua Substance.' me.n material. thllt, because of their qu.ntlty, concanlration or physlc./,
chemic.1 or Infectious· ch.ractarl.tica, m.y c.u.e or po.. . preaant Or potentl.' haz.rd to humIn he.lth Or the anvlronment when
Improperly uaed, treated, .tored, dlapoaad of, gener.ted, m.nufactured, transported Or otherwise handled. Th. worda 'Hazerdous
Sub.tanc..' are uaed In their vary broade.t .anaa .nd Include without limlt.tlon any .nd .11 h.zlrdoua Or toxic .ubst.nce., m.terl.1a or
w.ste .s defined by or listed under the Envlronmentlll.wl. The term 'H.z.rdouI Subltlncel' .Iso Includes, without limitation, petrol.um
and pelrolaurn by-producta Or any fr.ctlon lhereof .nd .Ibøatoa.
ItnpIOvalllMla. The word 'Improvementa' me.ns allexiltlng and future Improvamentl, bulldlnga, .tructurea. mob/Ie homel .fflxed on the
Rell Property, f.cllltl.s, additions, rapl.cementa snd other conatructlon on the Reel Property.
~. The want "~' __ all princIpeJ, ......-. end other _, _ and ....- payable under the Credit
A r8IImMt or Rel.ted Doctm.ntIJ, togeIIw- with .. _ala of, utenaiona ot. mocIfIclltlona of. conaoIIdIItIona of and aubatilUlÎOne for the
Credit Aor-nant or Related Dac...- and any amourns .~ or acIvancacI by Lander to dIsctwge G,.",.,,'s oblgetlona or expenses
incurred by Lander to entorc. Grantor's obllg.tions under this Mortgage, together with Interelt on such .mountl .. provided In this
Mortgag..
Lander. The word 'lender' means Flnst State Bank of Pinedale, Ita successons and assigna. The words "succellons or a.elgna' me.n .ny
person or companylhllt acquiras any m_ in the Credll Aøreement.
Mortu..e. Tha word 'Mortgage' me.". this Mortgaga bslween Gnsntor .nd lender.
....onal PrO l8lty. The woJde 'Person.1 Property" me.n .11 aqulpment. fixtures. end other .rtlcles of personal property now Dr heMafter
owned by Gr.ntor, and now Or he_ft., .ttached Or affixed to lhe Re.1 Pfoperty; together with all acce.slons, petti, end additions to, .11
repl_menta of. .nd .11 subatllutlons for, .ny of such property; and together with .11 proceed. IIncJudlng without IImltstlon all Insurance
proceed. .nd relunds of pramJums) from .ny llle or olhar dltlposilion ot the Property.
Property. The word 'Property' means conectlvely the Re.1 Property .nd the Pereon.1 Property.
R.aI PrGpeny. The words 'Real Property' mean the real property, intereats and rlghtl, as further dascribed In this Mortg.ge.
RalMed~. The words "Related DocumenlB' me.n ell promissory notes, credit ."reementa. Io.n agreementa. environment.1
agreemante. gu.rantlas, security agreements, mortgages, deeds of trust, lecurity deeds. con.t.r.1 mongeges. .nd .U othar Instrumanta,
agreementa end documents, whether now or hereafter exlatlng, executad In connectIon with lhø Indsbtedn....
1IanÞ. Tha word 'RenlS' means .11 pr..ent Ind future renl., ravenues. Incoma, Is.ues, loyalties, profllB, end other benefits derived from
the Property.
EACH GRANTOR ACKNOWlEDGES HAVING READ ALL THE PROVISIONS OF THIS MORTGAGE. AND EACH GRANTOR AGREES TO rrs
TEAMS.
GRANTOR:
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C!>Chr. her. Hawley""
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INDIVIDUAL ACKNOWLEDG
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188
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On this cley beftIre me. the undersigned Notary PubOc, pe~ lI I Ø.rad ChriI1IIpfw P. Hawley and c.te A. .......,. to me known to be the
individuals deacribaclln end who 8XKUIed the Mortgage. .nd acJmowlaclged thet they s/gnacI the Mortgage .. their free and voluntary .ct end
-.......-...-............. ",t- ~. O!2'
my hand d8y of . GLLL. .. ',20--º-_ /A,) r
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