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Home My WebLink About943775 / J ~- ~i " JI WHEN RECORDED, RETURN TO: EQUITY LOAN SERVI~ INe. 1100 SUPERIOR A VENUE, SUITE 200 CLEVELAND,OmO 44114 NATIONALRECORDING- TEAM 1 Accommodation Recarriing Per Client Request RECEIVED 11/21/2008 at 2:58 PM RECEIVING # 943775 BOOK: 709 PAGE: 552 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 000552 [Space Above This Line For Recording Data] 3 g ~ 11-13L( Reference Number: 20082407100129 \CJ223 Account number: 654-654-3764545-1XXX t) SHORT FORM LINE OF CREDIT MORTGAGE DEFINITIONS Words used in multiple sections of this document are defined below. The Master Fonn Mortgage includes other defined words and rules regarding the usage of words used in this document. (A) "Security Instrument" means this document, which is dated OCTOBER 22.2008, together with all Riders to this document. ' (B) "Borrower" is HOWARD W. FREEMAN AND JOY D. FREEMAN. HUSBAND AND WIFE. AS TENANTS BY THE ENTIRETIES. Borrower is the mortgagor under this Security Instrument. (C) "Lender" is Wells Far\!0 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 22. 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, ONE HUNDRED THOUSAND AND 00/100THS Dollars (U.S. $100.000.00) 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 22. 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 liii8.ùÎÎii-Î.ïílllllllllllll (page 1 of3 pages) Documents Processed 10-20-2008, 12:44:55 ~ Leasehold Rider ~ Third Party Rider IN/AI Other(s) [specify] (:00553 N/A (H) "Master Form Mortgage" means the Master Fonn 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 tJ;¡.e Debt Instrument, including any future advances made at a time when no indebtedness is cUlTently 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 ~-- which cUlTently has the address of GROVER [City] , Wyoming 1393 COUNTY 130 [Street] 83122 [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 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 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 lïiiûi1ôûiiiÎ¡iilllllllUIIIII (page 2 of3 pages) Documents Processed 10-20-2008, 12:44:55 OOûS54 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 oft1ús document and a copy of the Master Form Mortgage. ~w{d~- ~D± (¿~Y ~REEMAN /Ð/22/6ct ( / ( 0 ~dd~eal) -Borrower (Seal) -Borrower For An Individual Acting In His/Her Own Right: State of Wyoming ) ) ss County of ~~\'II\(\ otv\ ) QUINE CRNKOVICH - N01ARY PUBLIC County of State of Lincoln Wyoming My Commission Expires Aug. 1,20'12 ~ The foregoing instrument was acknowledged before me by ,~~ \;--LQ.;'fY\CÀ..X\ O<.x'\d :\ D\...1, ~ÇyiU_Y"('tÀXÌ tlùs~..dayof Cè~QQJ'~ , 20LL~ Witness my hand and official seal. My ~ommission Expires:--=..+í)- {)~.. 6 \ -1 ~ WYOMING-SHORT FORM OPEN-END SECURITY INSTRUMENT iiiiiiiiiiÎå¡i.â1iíillliinlllll (page 3 of3 pages) Docwnents Processed 10-20-2008, 12:44:55 OOu555 EXHIBIT A SITUATED IN THE COUNTY OF LINCOLN, STATE OF WYOMING: THAT PART OF THE SOUTHEAST 1/4 SOUTHWEST 1/4 AND THAT PART OF THE SOUTHWEST 1/4 SOUTHEAST 1/4 OF SECTION 30, AND THAT PART OF THE NORTHEAST 1/4 NORTH WEST 1/4 AND THAT PART OF THE NORTHWEST 1/4 NORTHEAST 1/4 OF SECTION 31, TOWN 33 NORTH, RANGE 118 WEST LINCOLN COUNTY. WYOMING, BEING PART OF THAT TRACT OF RECORD IN THE OFFICE OF THE CLERK OF LINCOLN COUNTY IN BOOK 449 OF PHOTOSTAIC RECORDS ON PAGE 517 AND ALL OF THAT TRACT OF RECORD IN SAID OFFICE IN BOOK 462 OF PHOTOSTATIC RECORDS ON PAGE 581, DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE NORTH LINE OF SAID SECTION 31, NORTH 89 DEGREES 55 MINUTES 55 SECONDS WEST 145.29 FEET FROM THE NORTHEAST CORNER OF SAID NORTHEAST 1/4 NORTHWEST 1/4; THENCE SOUTH 00 DEGREES 06 MINUTES 41 SECONDS EAST 136.17 FEET, TO A BRASS CAP AT AN ANGLE POINT OF THAT TRACT OF RECORD IN SAID OFFICE IN BOOK 269 OF PHOTOSTATIC RECORDS ON PAGE 340; THENCE COURSING THE NORTHEASTERLY LINES OF SAID TRACT AS FOLLOWS: SOUTH 22 DEGREES 07 MINUTES 41 SECONDS EAST 387.58 FEET, TO A BRASS CAP ON THE EAST LINE OF SAID NORTHEAST 1/4 NORTHWEST 1/4; SOUTH 89 DEGREES 57 MINUTES 14 SECONDS EAST 165.00 FEET TO A BRASS CAP; SOUTH 00 DEGREES 06 MINUTES 41 SECONDS 134.10 FEET TO A BRASS CAP; SOUTH 89 DEGREES 56 MINUTES 15 SECONDS EAST 614.52 FEET TO THE SOUTHWEST POINT OF PARCEL C OF RECORD IN SAID OFFICE ON 38617134 úOû556 EXHIBIT A (continued) PLAT NUMBER 390-C, AS REVISED; THENCE NORTH 00 DEGREES 11 MINUTES 42 SECONDS WEST 628.82 FEET, ALONG THE WEST LINE OF SAID PARCEL C, TO A POINT ON THE NORTH LINE SAID SECTION 31, IDENTICAL WITH THE SOUTHWEST POINT OF PARCEL B-2 OF RECORD IN SAID OFFICE ON PLAT NUMBER 390-A; THENCE NORTH 00 DEGREES 21 MINUTES 06 SECONDS WEST 314.00 FEET, ALONG THE WEST LINE OF SAID PARCEL B-2, TO THE NORTHWEST POINT THEREOF, THENCE NORTH 89 DEGREES 55 MINUTES 14 SECONDS WEST 922.58 FEET, ALONG A LINE PARALLEL WITH THE NORTH LINE OF SAID SECTION 31, TO A POINT; THENCE SOUTH 00 DEGREES 06 MINUTES 41 SECONDS EAST 313.99 FEET TO THE POINT OF BEGINNING; ENCOMPASSING AN AREA OF 18.45 ACRES, MORE OR LESS; THE BASE BEARING FOR THIS SURVEY IS THE EAST LINE OF THE WEST 1/2 SOUTHEAST 1/4 OF SECTION 30, TOWN 33 NORTH RANGE 118 WEST BEING NORTH 00 DEGREES 21 MINUTES 06 WEST; TOGETHER WITH A RIGHT OF RIGHT OF AGRESS AND INGRESS AND UTILLITIES OVER, UNDER AND ACROSS A STRIP OF LAND SIXTY (60) FEET IN WIDTH, WITHIN THE SOUTHWEST 1/4 SOUTHEAST 1/4 OF SECTION 30 AND WITHIN THE NORTHWEST 1/4 NORTHEAST 1/4 OF SECTION 31, TOWN 33 NORTH RANGE 118 WEST AS GRANTED BY THAT DOCUMENT OF RECORD IN SAID OFFICE IN BOOK 462 OF PHOTOSTATIC RECORDS ON PAGE 581, WITH THE CENTERLINE DESCRIBED AS FOLLOWS; BEGINNING AT THE NORTHEAST CORNER OF SAID NORTHWEST 1/4 NORTHEAST 1/4; 38617134 000557 EXHIBIT A (continued) THENCE NORTH 89 DEGREES 55 MINUTES 14 SECONDS WEST SOUTH 54.50 FEET, ALONG THE NORTH LINE OF SAID NORTHWEST 1/4 NORTHEAST 1/4, TO THE EAST LINE OF THE ABOVE DESCRIBED PARCEL; EACH "CORNER" FOUND AS DESCRIBED IN THE CORNER RECORD FIELD IN THE OFFICE OF THE CLERK OF LINCOLN COUTNY; EACH "POINT" MARKED BY A 5/8" X 24" STEEL REINFORCING ROD WITH A 2" ALUMINUM CAP INSCRIBED, SURVEYOR SCHERBEL LTD AFTON WY PLS 5368", WITH APPROPRIATE DETAILS; EACH "BRASS CAP" MARKED BY A 2" GALVANIZED STEEL PIPE WITH BRASS CAP INSCRIBED, "MARLOWE A SCHERBEL PLS 5368 AFTON WYOMING", WITH APPROPRIATE DETAILS FOUND; Permanent Parcel Number: 3318-311-00-369.00 HOWARD W. FREEMAN AND JOY D. FREEMAN, HUSBAND AND WIFE, AS TENANTS BY THE ENTIRETIES 1393 COUNTY 130, GROVER WY 83122 Loan Reference Number : 20082407100129 First American Order No: 38617134 Identifier: LIFIRST AMERICAN LENDERS ADVANTAGE 1111111111111111111111 FREEMAN 38617134 WY FIRST AMERICAN ELS MORTGAGE \ 1111111111111111111111111111111111111111111111111