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Home My WebLink About943076 After Recording Return To: Wells Fargo Bank, N.A. Attn: Document Mgt. P.O. Box 31557 MAC B6955-013 Billings, MT 59107-9900 RECEIVED 10/22/2008 at 10:53 AM RECEIVING # 943076 BOOK: 707 PAGE: 508 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Ü00508 [Space Above This Line For Recording Data] Reference Number: 20082537500050 Account number: 654-654-3762549-1XXX SHORT FORM LINE OF CREDIT MORTGAGE 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 29. 2008, together with all Riders to this document. (B) "Borrower" is RICHARD H. LOADER AND CARMA L. LOADER. HUSBAND AND WIFE. AS TENANTS BY THE ENTIRETIES. 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 ofthe 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" me~ the loan agreement or other credit instrument signed by Borrower and dated SEPTEMBER 29. 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, ELEVEN THOUSAND AND 00/100THS Dollars (U.S. $11.000.00) 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 29. 2033. (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 IliiiïiiÎÎii-ü.i1ií.illlil...111 (page J of 3pages) Docwnents Processed 09-29-2008,14:34:53 ~ Leasehold Rider ~ Third Party Rider iNIAl Other(s) [specify] ûOuS09 NIA (H) "Master Form Mortgage" means the Master Form Line of Credit Mortgage dated Aue:ust 14. 2007, and recorded on Au ust 3 2007 as Instrument No. 932651 , Book 670 at Page 599 - 609 of the Official Records in the Office of the Recorder fLincoln County/City, State of Wyoming. TRANSFER OF RI HTS IN THE PROPERTY This Security Instrum nt secures to Lender: (i) the repayment of the Loan, and all future advances, renewals, extensions and modifi ations of the Debt Instrument, including any future advances made at a time when no indebtedness is current y 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 c nvey to Lender and Lender's successors and assigns, with power of sale, the following described property loc ted in the [Type of Recording J of Lincoln [Name of Recording Jurisdiction] THE FOLLOWING ESCRIBED REAL ESTATE, SITUATE IN LINCOLN COUNTY AND STATE OF WYOMING, TO WI : LOT 84 OF STAR VALLEY RANCH PLAT 6, LINCOLN COUNTY, WYOMING AS DESCRIBED ON HE OFFICIAL PLAT THEREOF. which currently has th , Wyoming 107 OAK DRNE [Street] 83127 [Zip Code] ("Property Address"): STAR V TOGETHER WITH 11 the improvements now or hereafter erected on the property, and all easements, appurtenances, and fix ures now or hereafter a part of the property. All replacements and additions shall also be covered by this Securit 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, gran and convey the Property and that the Property is unencumbered, except for encumbrances of record as of the execut' n 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. By the execut' n 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 perfo all of the covenants and agreements in the Master Form Mortgage, A copy of the Master Form Mortgage has be n provided to Borrower. WYOMING-SHORT FOR OPEN-END SECURITY INSTRUMENT lilii{¡üœlùiÎii-~lâlimI211Iil.llllm (page 2 of3 pages) Documents Processed 09-29-2008, 14:34:53 úOô51.0 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. (¿;4~ÞI J-! -l...etPtpp RICHARD H LOADER ' v 1:-, ~ 1.. ;L~ CARMA L LOADER For An Individual Acting In HislHer Own Right State of Wyoming ) . ) ss County of ¡j) jo {'V1 ì ~5 ) The,..tþregoing insÌ11;ltpent was acknowledged before me by Jè,¿kCrd H I-oad<:>'í' QV\J.. Carf¡itC,- (Seal) -Borrower (Seal) -Borrower I- 1-<9(1 de' r thisJil-dayof 5 ~ P'f-~ WI. he V- Witness my hand and official seal. ,20E$ - -' - - - CLAUDIA ANDERSQN Notary Public ~ Uncoln County My coïnmllílÔi\ ~ 51$' - )(/D ~ {Vc-LU t&c~ ¿2µC~'('4 VL Notary Public My Commission Expires: ~- -;J ,S- - ;;Jo I () WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT iii{¡ii.1iÎÎiiûlg1imœiuIÎrmn.mIID (page 3 of 3 pages) Documents Processed 09-29-2008,14:34:53