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Home My WebLink About943306 After Recording Return To: Wells Fargo Bank, N.A. Attn: Document Mgt. P.O. Box 31557 MAC B6955-013 Billings, MT 59107-9900 RECEIVED 10/30/2008 at 3:15 PM RECEIVING # 943306 BOOK: 708 PAGE: 137 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY êOö1.37 [Space Above This Line For Recording Data] Reference Number: 20082544500018 Account number: 650-650-8882680-1XXX 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. WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT liii{¡mœm]illÎiâ-ûœir¡íœill¡~iufimllø (page I of 3 pages) (A) "Security Instrument" means this document, which is dated OCTOBER 24, 2008, together with all Riders to this document. (B) "Borrower" is MICHAEL D LUKSICH AND KATHLEEN M LUKSICH, 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 OCTOBER 24, 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, SIXTY-TWO THOUSAND AND 00/100THS Dollars (U.S. $62,000.00) 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 davs after November 24. 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]: Documents Processed 10-23-2008,13:55:12 ~ Leasehold Rider ~ Third Party Rider ~ Other( s) [ specify] OOiJ1.38 N/A (H) "Master Form Mortgage" means the Master Fonn 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 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 EXHIBIT which currently has the address of ALPINE [City] 236 MEADOW RIDGE ROAD [Street] , Wyoming 83128-0000 ("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 Fonn 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. WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT liœiiñm1mmrœ¡Ô-MIÛil~œiml¡IOmUIIIIIIII (page 2 of 3 pages) 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. Documents Processed 10-23-2008, 13:55:12 HOME ASSET MANAGEMENTsM ACCOUNT (:0,,139 The loan agreement referenced in the above definition of "Debt Instrument" includes any amendments to the Debt Instrument, including the Home Asset ManagementSM Account Addendum dated the same date as the Debt Instrument. In accordance with the terms of the Debt Instrument, Lender may in its sole discretion periodically offer to increase Borrower's credit limit under the Debt Instrument, subject to the satisfaction of certain conditions. These conditions include, among other things, Borrower's maintenance of a first mortgage loan on the Property with Wells Fargo Bank, N.A. Any such increase in Borrower's credit limit shall increase the maximum principal sum secured by this Security Instrument. Borrower agrees that any future advances made under any credit limit increases shall have the same lien priority as if the future advances were made as of the date of this Security Instrument. Despite any language to the contrary in this Security Instrument, Borrower covenants that the Property is unencumbered, except for a first lien purchase money or refmance of purchase money encumbrance given to Wells Fargo Bank, N.A. 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. ~~¡¡ MICHA~L D UKSICH ~ Zl¡. ~~¿1-/<-~ KA TH EEN M LUKSICH (Seal) -Borrower (Seal) -Borrower For An Individual Acting In His/Her Own Right: State of Wyoming ) County or':t..\fj,,1'\.. ) ss ) The foregoing ins~ment wa~ acknowledge~ before ~y. . \¡\h. \ (.,~\.\ -(. ." \:J ~'-,) '" ~'\ (~ ( 1\;\." l\ (,\ \í~A\'~ '\' 1.1\ . \jV\ ~ \)y., ~ \ C ~ . this h:\-day of tt \()\r)Q...) ,20~ Witness my hand and official seal. MEUSSA CAPENER - NOTARY PUBUC County of . Stale of Teton Wyoming My Commission expires Mav 19, 2012 \}1~" ~S(" c~ ~ Notary Public \ My Commission Expires: ':{") I c, l, \ 1- WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT liliiiimiÎi¡û-iliil~liullliHmm~D (page 3 of 3 pages) Documents Processed 10-23-2008,13:55:12 10/30/2008 15:20 307-733-6186 ~ICKMAN LANDTITLE PAGE 01/IH 13q-/~ Exhibit "A" Lot 21 of MEADOW RIDGE ESTATES, Lincoln County, Wyoming, as shown on the official plat thereof filed April 28, 2004, as Receiving No. 898827, in the Office of the Clerk, Lincoln County, Wyoming, as Plat No. 237-A.