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Home My WebLink About942573 After Recording Return To: WHEN RECORDED, RETURN TO: EQUITY LOAN SERVICES, INe. 1100 SUPERIOR A VENUE, SUITE 200 CLEVELAND, OHIO 44114 NA110NALRECORDING Accommodation Recording Per Client Request RECEIVED 9/30/2008 at 2:43 PM RECEIVING # 942573 BOOK: 705 PAGE: 879 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY úOô879 'J r¿ ¿j ;-¿/9<6 I Reference Number: 20082247500151 [Space Above This Line For Recording Data] Ib~J.;l SHORT FORM LINE OF CREDIT MORTGAGE Account number: 654-654-3760873-1XXX DEFINITIONS Words used in multiple sections of this document are defined below. The Master Fonn 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 SEPTEMBER 08. 2008, together with all Riders to this document. . (B) "Borrower" is MICHAEL BRUCE HEPWORTH AND SUSAN B. HEPWORTH. HUSBAND AND WIFE AS TENANTS BY THE ENTIRETIES. 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 SEPTEMBER 08. 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 OO/lOOTHS Dollars (US. $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 October 08. 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 IÎiiiii1iÎÎiii.ïllllllliulllIl (page 1 of3 pages) Documents Processed 09·08-2008,12:24:48 ~ Leasehold Rider ~ Third Party Rider ~ Other(s) [specify] ûOu880 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] of Lincoln [Name of Recording Jurisdiction] SEE ATTACHED EXHmIT A which currently has the address of AUBURN [City] , Wyoming 441 WORTON LN [Street] 83111 [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 Fonn Mortgage. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conÝeyed 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 lïliiiïÎÎiiÎlïilllll¡¡III~1 (page 2 of 3 pages) Documents Processed 09-08-2008, 12:24:48 OOôB81. BY SIGNING BELOW, Borrower accepts and agrees to the tenns 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. (Seal) -Borrower (Seal) -Borrower For An Individual Acting In HislHer Own Right: State of Wyoming ) County of L.Ì1.rAt'J ) ss ) The f~re¥oing instrAment was acknowledged before me by, ~.c~l '~rv~e ~~ ~ this 7( day of f of!. (+- , 20~ Witness my hand and official seal. Sr.JS~ t3 b\".. PI1..O~l..t. I IINJAMIN C STEWART Notary Public LIncoln County WyOmIng Commllalon IxpI,.. ") . IOf ~ 11 My Commission Expires: l '" 1«,. 2ofG- WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT liliiüi1iÎiiiÎlïillllllilll~1 (page 3 of 3 pages) Documents Processed 09-08-2008, 12:24:48 00ö882 EXHIBIT A SITUATED IN THE COUNTY OF LINCOLN AND STATE OF WYOMING TO-WIT: THAT PART OF THE NORTH 1/2 SOUTHWEST 1/4 OF SECTION 36, TOWN 33 NORTH, RANGE 119 WEST, LINCOLN COUNTY, WYOMING, BEING PART OF THAT OF RECORD IN THE OFFICE OF THE CLERK OF LINCOLN COUNTY IN BOOK 64 OF PHOTOSTATIC RECORDS ON PAGE 83, DESCRIBED AS FOLLOWS: THE NORTH 220.94 FEET OF THE EAST 970.02 FEET OF SAID NORTH 1/2 SOUTH WEST 1/4; LESS AND EXCEPTING THAT TRACT OF RECORD IN THE SAID OFFICE IN BOOK 218 OF PHOTOSTATIC RECORDS ON PAGE 21; ENCOMPASSING AN AREA OF 3.84 ACRES, MORE OR LESS; Permanent Parcel Number: 3319-353-00-014-00 MICHAEL BRUCE HEPWORTH AND SUSAN B. HEPWORTH, HUSBAND AND WIFE AS TENAN BY THE ENTIRETIES 441 WORTON LANE, AUBURN WY 83111 Loan Reference Number 20082247500151/10623 First American Order No: 38454981 Identifier: FIRST AMERICAN LENDERS ADVANTAGE fllllllllllllllllllllll HEPWORTH 38454981 c WY FIRST AMERICAN ELS MORTGAGE 11111111111111111111 111111111 II 1111111 III 11111111