HomeMy WebLinkAbout872196it Maass 0
This Mortgage
SEE BOOL HORT&ASE$
PM' 7 k
This Mortgage
SEE o j 1 WIL1EASES
030144
After Recording Return To:
JACKSON STATE BANK
112 CENTER STREET /P.O. BOX 1788
JACKSON, WYOMING 83001
Loan No: 7945747
DEFINITIONS
DAdjustable Rate Rider
❑Balloon Rider
El 1-4 Family Rider
872196
[Space Above This Line For Recording Data]
MORTGAGE
RECEIVE()
LINCOLN COUNTY CLERK
0! Ella' E9 IN 0 :117
J L A k t 'y' i�'': 'G R
KE M AEPER. t`� E'OMI1`dG
BOOK 61 PR PAGE
i
Words used in multiple sections of this document are defined below and other words are defined in
Sections 3, 11, 13, 18, 20 and 21. Certains rules regarding the usage of words used in this document are
also provided in Section 16.
(A) "Security Agreement" means this document, which is dated March 1 2 2001
together with all Riders to this document.
(B) "Borrower" is William D. Yearsley and Barbara Jo Yearsley, Husband and wife, as tenants by
the entireties
Borrower is the mortgagor under this Security Agreement.
(C) "Lender" is THE JACKSON STATE BANK
existing under the laws of the State of Wyoming.
Lender's address is 112 Center St., P.O. Box 1788, Jackson, Wyoming 83001.
under this Security Instrument.
(D) "Note" means the promissory note signed by Borrower and dated March 12, 2001
The Note states that Borrower owes Lender One Hundred Twenty Four
Thousand Dollars and no /100
Dollars (US 1 2 4 0 0 0 0 0 plus interest. Borrower has promised to pay this debt in regular
Periodic Payments and to pay the debt in full no later than Apr i 1 1. 2031
(E) "Property" means the property that is described below under the heading "Transfer of
Property."
(F) "Loan "means the debt evidenced by the Note, plus interest, any prepayment charges and late
charges due under the Note, and 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]:
Lender is a State Bank organized and
❑Condominium Rider
❑Planned Unit Development Rider ❑Other(s)[specify]
['Biweekly Payment Rider
Lender is the mortgagee
Second Home Rider
WYOMING— SINGLE FAMILY Fannie Mae/Freddle Mac UNIFORM INSTRUMENT Form 3051 1/01 (page 1 of 16 pages)
sIeuiul
11 77 ia
(seBed gj {o Z eBed)
l0 /4 150E WJ od 1N3Wf1li.SNI W1iOIINfl aeIN eIPPeJA/aeW aluued-- A1IINV 31eNIS
peglJosep 6ulnnollol eql 'etas }o JeMod q ;IM `su6lsse pue saosseoons sdepuei pue Japue o; Aanuoo
pus. ;ueJ6 'e6e6pow &laaaq seop JeMouoq 'esodind s141 Jod e;oN eq; pup ;uawnJlsul AlpnoeS slgl
Jepun s;ueweeJ6e pue s;ueuanoo s,JaMOJJ09 to eouewaoped 9141 (ll) pue :e;oN eq; to suol;aolllpow pue
Suoisueve 'sieMeuOJ lie pue 'uaol eq; to ;uawAedeJ aq; (l) :Jepue o; seanoes ;uawni ;sui A;lanoes situ_
A11:13dOad 3H1 NI S1HOUd JO d3JSNdI:11
•luawnJ ;sui
A;lanon slq; Jo /pue a;oN aq; aapun suolw6ligo s,JaMOJJOB pawnsse sup (pad wig ;ou Jo Jag1agM
'Apedoad 914; o; ai ;11 ue)ie; seq ;eq; Aped Aue sueaw aaMOaao9 Isamu' ul aossaoons„ (d)
'vdS3EI aapun „ueol e6e6pow
pa;aleJ AII Japel„ a se Amenb ;ou seop ueol eq; ll ueAe „ueol e6e6pow pa ;alga AimJepal„ a o; pJe6el
ul pasodwl eia 1eq; suol ;ou ;sei pue s;uewannbaai lie o; saalm. „ydS3EI.. luewnJ ;sul Alpnoes slq; ul pasn
sy Japew ;oefgns ewes eq1 sweno6 ;eq; uol1ein6ei Jo uol ;aisi6eI Josseoons .10 leuol;lppe Aue Jo 'awl;
o; awl1 woJl pepuewe aq ig iSegl se '(005E ued '»'3'o 17Z) X uol ;eif6elj `uol ;aln6OJ 6ul ;ueweIdwi
s ;l pue ie 409Zss can Z l) ;oy seinpeoo.d ;uewei ;es a ;a 1s3 IBeEl aq; sueew „VdS31:1,. (0)
;uawnJ ;sui Alpnoe slq; to E uo1loes aapun s;unowe (ll) snid `e oN aq; aapun
lseJelul pue ledioulad (l) Jol anp;unowe peinpagos i(laein6eJ eq; sueew „4uaw.(ed olpolaad„ (N)
uaol aq1 'uo ;inalep
Jo 'lo 1uawAaduou eq ;;sule6e Japuel 6ul ;oeToad eoueansui sueew „eoueansul e6e6poW„ (W)
•Apedo.d eq; to uol;ipuoo aoipue enlen eq; `o; se suolsslwo
Jo 'lo suol ;e;ueseJdaaslw (AD Jo `uol ;auwepuoo to Hall ul eoueAanuoo (Ill) 'AlJedoad at..; to pad i(ua
Jo lie to 6uple; Jaq ;o Jo uol;auwapuoo (n) `Apadoad eq; 'lo uol ;on. ;sap Jo 'o; e6awap (l) 'JOl (g uol;oa9
ul pequosep se6aaanoo eq; aapun pled speeooad eoueansul uagl Jeg1o) Aped pp; i(ue )tq pled speeoo d
Jo 'se6ewap to pJeMe ;ueweI es 'uol ;asuedwoo Aue SUBOW „speeooad snoeuellaos!W„ (i)
c uol;oes Li! peglaosep OJa ;eq; swell esoq; sueew „swell Moaas3„ (N)
saelsuei; esnog6uuee o paiewo ;ne
pue `saelsuaJ; ealM 'euogdeia; Aq palel;lul sae;suea; 'suol ;oesuea; eulgoaw Jeiie palawo;ne 'saalsueil
alas to ;ulod `01 pa;lwli 1ou sl ;nq 'sepnloul waa; gonS •;un000e ue 11peJO Jo ligep o; uo1ln ;l ;sul
laloueull e ezlaoq;ne Jo '1onilsui 'Japao o; se os ede; oileu6ew .10 'JeTndwoo ;uewni ;sul oluogde e
'leulwaal oiuoi ;Dale ue g6noaq; pa ;alllul sl golgM `luewnJlsul Jaded Jellwls Jo ';leap `5loego itq
pa;aui6!Jo uo1loesue4 e ueq; Jeplo `spun; to JeiSU J1 Aue sueew „aajsueal spun] oluoa1aai3„ (r)
•uoilezluealo aellwls Jo uo1laloosse SJeuMOawog
'uol;aloosse wnlulwopuoo a )(q Apedoad eql .10 JeMOJJOB uo pasodwl eta leg; sa6Jego Jag ;o pue
s ;uewssesse 'seal `senp ila sueew „swewssassy pue 'seed 'sena uol ;eloossy A !unwwoa„ (1)
suoluido lelolpnf eigaleedde -uou `hull
algeoildde Ile se II8M se (Mel to loall9 9141 aneq ;et.;) saapao pue saint and ;eJlslulwpe pue seoueuipJo
`suolleln6eJ 'swivels pool pue ems `papal a geolidde 6uilloJ ;uoo lie suaaw „Mel algeoliddd„ (H)
qt w 96Z744S0
08'72196
X 46
property located in the County of L i n c o l n
Lot 17, Forest Meadow Subdivision, according to the official
plat thereof recorded in the Office of the County Clerk.
Lincoln County, Wyoming.
which currently has the address of 522 Three Rivers D r i v e
[Street]
Alpine Wyoming 83128
[City] [Zip Code]
TOGETHER WITH all 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 be covered by this Security Instrument. All of the foregoing is referred to in this
Security Instrument as "Property."
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. Borrower warrants and will defend generally the title to the
Property against all claims and demands, subject to any encumbrances of record.
THIS SECURITY INSTRUMENT combines uniform covenants for national use and non uniform
covenants with limited variations by jurisdiction to constitute a uniform security instrument covering
real property.
UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges.
Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any
prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow
Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be
made in US currency. However, if any check or other instrument received by Lender as payment
under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any
and all subsequent payments due under the Note and this Security Instrument be made in one or
more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check,
bank check, treasurer's check or cashier's check, provided any such check is drawn upon an
WYOMING—SINGLE FAMILY Fannie Mae/Fredle Mac UNIFORM INSTRUMENT Form 3051 1/01 (page 3 of 16 pages)
initials
6.
(seBed gt /o q eded)
40 /1. 450E Wind 1N3Wf1111SNI WdOdINf 013 GIPPOJNeeri 3 UUed AlIWyd 31JNIS DNIWOAM
eq 'Aue ;l 'sluawssessy pue 'seed 'sena uoge!oossy Illunwwo3 ;ea; eainbea Aew aepue
`ueo� eq; ;o weal ay; 6uunp eq; ao uoi ;eu!6iao ;y „swell M01093„ palleo aae swell esegl
'01. uol ;oes ;O suolslnoad ay; y ;inn eouepa000e ul swn!wead eaueansui e6e6iJoW (p) pue -g uol;oes
aapun Jepuei )(q pei!nbea ooueansul Ile pue Aue ao; swnlwead (o) `Aum ;i Apedoad eq; uo slued
punoa6 ao sluewited piogesee! (q) :Apadaad eq; uo eoueagwnoue ao uell e se ;uewna ;sui A!Jnoes
SILO aeno AIIJOud ulel ;e ueo aolgM swell aae ;o pue sluewssesse pue sox (e) :ao; enp slunowe
;uew)(ed Jo; apinoad of „spund„ ea;) wns a `iin; u! pied si eloN eq; Illun 'e;oN eq; aapun enp aae
S lJeWAUd olpoued i(ep eq; uo aepuai of iced limas aemoaaoe •suaa ;l MOJOS3 ao; spunj •g
s ;uawAEd
olpoued eq; ;o 'lunowe eq; e6uego ao 'amp enp eq; euodlsod ao pue;xe lou is a oN eq; aapun
enp ledloulad o; speeooad snoeuapeos!W ao `speeooad eoueansui `s ;uewAed ;o uoilEoudde i(uy
eloN eq; ul pequosep
se ueq; pue se6aego luewi(edead Aue of !sail palidde eq hays s ;uewi(edead Aae ;union enp sa6aeyo
ale! /(ua o; pe!Idde eq i(Ew sseoxe Lions 's ;uewAed olpoued wow ao euo ;o ;uewAed lin; eq; of palidde
si luewAed eq; as ;m s;s!xe sseoxe Aue ley; luelxe eq; of Iln; ul pled eq ueo luewAed pee 'ley;
luelxe eq; of pue ;I swewAed olpoued eq; ;o luewi(Edea ea; of aeMOaao9 woe; panlaoea luewAed glue
Aidde Aew aepuel '6u!puelslno sl luewAud olpoued euo umgl aaow ;l •e6aego alai eq; pue luewi(ed
luenbullep eq; o; palidde eq i(ew ;uewAed eq; `enp• a6aeyo a ;ml Aue i(ed o; lunowe lue!ol ;ns e
sepnloul yblaM luewAed olpolaad luenbullep e ao; aaMOaaos waa; luewaced e SOAIeOaa aepua 11
eloN eq; Jo aoueleq ledlouad ea; eonpea o; uay; pue 'wewnalsul 11
sly; aapun enp s ;unowe aeglo Aue o; puooes `se6dmao eel of !sail pelldde eq Dais slunowe 6ululewea
ituy enp eweoeq I! LiolyM u! aepao eq; ul wew ed olpolaad wee of palidde eq !legs s ;uewAed
Lions •E uol ;oes aapun enp slunowe (9) !eloN eq; aapun enp ledloulad (q) :e oN eq; aapun enp lseae ;ul
(e) :41oud ;o aepao 6u!Mollo; eq; u! palidde eq !legs Jepuei Aq palidde pue pe deooe sluewAed lie
`Z uolloeg sly; ui pequosep es!Maeylo se ;deox3 •spaeoodd Jo s; ewAed Jo uoi ;eo!Iddy •Z
•luewna;sul A;unoes sly; Aq peanoes s ;ueweeJ6e pue s ;ueuenoo eq; 6u!wao;aed ao wewnalsul
Allanoes sly; pue eloN eq; aapun enp s ;uewAed 6upiew woe; aeMOJJOE enallea limas aepue ;sule6e
min; eq; ul JO Mou anal 146lw aemoaaog LiotLM Wialo JO las ;O oN •eansoloaao; Ol aoud Ala ;elpewwl
eloN eq; aapun aoueleq ledloulad 6ulpuelslno eq; of palidde eq IIIM spun; Lions 'aallaee pelldde
lou ;l 19MOaaog o; way; =lea ao spun; Lions Aidde aeglle !lays aepue l 'awl; ;o potted a geuoseea
ula;!M os op lou seop aaMOaaog ;I •luaaano ueo eq; 6ulaq of luewAed se ew aaMOaaos pun
spun; pallddeun Lions ploy )taw aepue spun; pallddeun uo ;swop Aed lou peeu aepue uay! 'amp
enp pe npegos sll ;o se palidde s! ;uewAed olpoued qoee ;I pe deooe eau s ;uewAed Lions awl; eq;
le sluew)(ed Lions /Ode o; peie6ligo lou sl Jepuei lnq `eanln; eq; Li! s ;uewAed Ialued ao luewAed Lions
esn ;ad of s;g6u sli of aoipnread ao aepuneaeq sla6u Aue ;o aenleM lnoLi;iM 'luaaan° ueol ay; 6uuq of
lue!ol ;nsul luewAed leRaed ao luewAed Aue ldeooe Aew aepuei •luaaano ueo eq; 6uuq of lUelol ;nsul
aae s;uewAed lewed ao luawAed eq; ;i luewAud lewd ao luewAed Aue =lea Aew aepua g uo!loes
ui suolslnoad eollou eq; yllM eouepa000e Li! aepuei Aq peleu6isep eq Amu se uol;aool aeglo Lions le ao
eloN eq; ul peleu6lsep uolleool eq; ;m panlaoea uegM aepue Aq panlaoea peweep aae sluew /ed
aelsueal spund
oluoa ;oe 3 (p) ao :ail ;ue JO 'Illleluewnalsu! 'Aoue6e impel e Aq peansul aae sllsodep esogM uollnlllsu!
9fT7L80
08721
148
escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item. Borrower
shall promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall
pay Lender the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds
for any or all Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any
and all Escrow Items at any time. Any such waiver may only be in writing. In the event of such waiver,
Borrower shall pay directly, when and where payable, the amounts due for any Escrow Items for
which payment of Funds has been waived by Lender and, if Lender requires shall furnish to Lender
receipts evidencing such payment within such time period as Lender may require. Borrower's
obligation to make such payments and to provide receipts shall for all purposes be deemed to be a
covenant and agreement contained in this Security Instrument, as the phrase "covenant and
agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a
waiver, and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights
under Section 9 to repay to Lender any such amount. Lender may revoke the waiver as to any or all
Escrow Items at any time by a notice given in accordance with Section 15 and, upon such revocation,
Borrower shall pay to Lender all Funds, and in such amounts, that are then required under this Section
3.
Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender
to apply the Funds at the time specified under RESPA, and (b) not to exceed the maximum amount a
lender can require under RESPA. Lender shall estimate the amount of Funds due on the basis of
current data and reasonable estimates of expenditures of future Escrow items or otherwise in
accordance with Applicable Law.
The Funds shall be held in an institution whose deposits are insured by a federal agency,
instrumentality, or entity (including lender, if Lender is an institution whose deposits are so insured) or
in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than
the time specified under RESPA. Lender shall not charge Borrower for holding and applying the
Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays
Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an
agreement is made in writing or Applicable law requires interest to be paid on the Funds, Lender shall
not be required to pay Borrower any interest or earnings on the Funds. Borrower and lender can
agree in writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower,
without charge, an annual accounting of the Funds as required by RESPA.
If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account
to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in
escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower
shall pay to Lender the amount necessary to make up the shortage in accordance with RESPA, but in
no more than 12 monthly payments. If there is a deficiency of Funds held in escrow, as defined under
RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the
amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12
monthly payments.
Upon payment in full of sums secured by this Security Instrument, Lender shall promptly
refund to Borrower any Funds held by Lender.
WYOMING— SINGLE FAMILY Fannle Mae/Freddie Mac UNIFORM INSTRUMENT Form 3051 1/01 (page 5 of 16 pages)
(seBed 91 )o 9 e&ed)
6 1►
iern
1.0 /l 1.50£ Wand 1NMAIMIWSNI WUOdlNf yew 9 1PGIA/ 08 11 aIuued AIIWtld 31DNIS
iuewAed 6u11senbaa JeMOaaog woa4 aollou uodn `lseaalul Lions g1IM `elge/(Ed eq peis pue
;uewesangsip ;o amp eql woJj °lea eloN eg11e lsaaalul nag !legs slunowe eseyl •luawnalsul /.lunoes
sly! /(q paanoas JeMOuOe ;o !gap leuo111ppe awooeq pegs g uo11oes S1Li1 aepun aepual /(q pesangslp
slunowe /(uy •peuielgo eneq pinoo aaMOaaog leLil aoueJnsu! 4 moo eql paeoxa /llueolpu6is ly6lw
peuielgo os e6eaanoo eoueansul ail 4O lsoo eql Imo se6paimou l3e aaMOaaog •136446 ul /(lsnO!AeJd
seM ueg4 e6eaeno3 Jessej JO aaleea6 epinoad 11464, pue Allllgell JO paezeq Aue 1sule6e A1aedoid
eq ;o slualuoo eql JO `/(padoad eql w /(linbe S,aaMOaaog `JeMoaaog loaload lou 146iw ao 10iw lnq
`aapue i MOO !legs e6eaenoo Lions `aao;eaayl •e6eaenoo 4o lunowe ao edAl aelnollaed Aue aseioand
01 uo11e611go ou aapun si aapual •asuadxe S,aaMOaaog pue uolldo s,aepual 1e `96eaenoo eoueansui
uielgo /Cew aepuei 'enoge paquosep Se6eJeA03 aq1 }o /Cue uieluiew of S1!E; aaMOaaog 41
•aaMOaaog /(q uoiloafgo ue woa; 6ulllnsea
uoileu!waalap 9110Z pool4 Aue 4o Melnaa 9141 Li11M uo11oeuuo3 ul /(O1196y luewe6eueV /(oua6aew3
leaeped eLil /(q pesodwl sae; i(ue ;o luawAed ail ao4 alglsuodsei eq osle lle14s aaMOaaog •uo11eo1 ;11aeO
ao uolleulwielep Lions palm 11.16iw /(lgeuoseaa golgM anoo° se6aego JEIlw!S JO sOuiddewei
ewil yoee se6aeyo luenbesgns pue seoinies uolleo141ueo pue auoz pool; ao4 e6JB1.10 ewg -auo a (q)
ao :SEMI/VMS 6uiioeal pue uoileoimweo 'uoileuiwaelep auoz poo14 ao4 e6aego ewil -auo a (e) :aayl1a 'ueo�
si41 yl!M uoiloeuuoo u! '/(ed of aaMouog aainbea /(ew aapual •/(lgeuoseeJun pesloiexe eq iou pegs
41461.1 yoigM `eologo S,aaMaaog anoaddeslp o1 1g6u s,aepuei 01 loafgns aaMOUog /(q uesoqo eq pays
eoueansul eql 6uipinoad aeuaeo eoueansul eq •ueol ail 4o wael ail buunp e6uego ueo seoualues
6uipaoaad ail o1 luensand samba' aapuai leum •seainbaa aapue ley! spotted eyl ao4 pue (spike!
algllonpep 6ulpnlpul) slunowe eyl ul peuieluiew eq !legs eoueansul SiLij •eoueansul saalnbaa aapual
L o1LiM aO4 `spool; pue samenbypee 'ol peiw11 lou 1nq `6uipnIoui spaezey aeq o Aue pue „e6eienoo
pepueixe„ was ay; uiyliM pepnloul spezeq '6x14 Aq ssoi lsuie6e peansui Alaadoad ail uo paloaaa
aal ;eaaaq JO 6u4sixe MOU sluewanoadwl eql deem pegs aaMOaaog •eoueansuf Apadoad .9
•uuo slit gl1M uolloeuuoo u! aepual Aq pasn eoiiues 6uilaodaa
Jo /pue uol4eol ;uan xel aleise lean a ao4 e6aego ewll -euo a i(ed o1 aeMOaaog aainbea Aew aapue
b uo11Oas S1Lil ul anoge
LiJo4 lee Suo11Oe ey14o 6a0w .10 auo 9)1E1.10 uO11 OL A ;s11es lleys a9MOJJ09 `ueni6 si eollou lei! Lio1gM
uo amp aqi sAep 01. utgljM `wit ail 6u1/(4lwapl eoilou E aaMouoe ani6 i(ew aapuei 'luewnalsul
'l!anoes siyl JOAO Allaoud ulelle ueo yoigM uell a of loefgns si /(laadoad ail ;0 laed /due 1eLi1 seulwwe ep
Japuei 41 •luewnalsul A11noas Sig1 o1 ue!! eq1 6u11eulpaogns aepuel o1 /Goloe4s11ES luewee 6E
ue uali aql 4o aaploi aq1 woij saanoes (3) ao pepnlouoo am s6ulpee3oad Lions pun /(N° 1nq
`6ulpued eae s6ulpeeoo d °soul a11UM tie!! ail 40 lueweoao ;ue ail luanaad o191eaedo uo!u!do s,aapua1
ul gown s6ulpeeoowd le6ei 'ul uall ail 4o luaweOao ;ua 1sule6E spu94ap ao `Aq gije; pooh ul uag
eq s4se uoo (q) 'luawaaa6e ions 6ulwaoJaad sl aaMOaaog se 6uo1 os Apo lnq `aapue of algeldeooe
aeuuew a ul ualf eq1 Aq paanoas uol}e6,llgo ay140 luewAed eqi o}f 6u11pM Li! Saaa6e (e) :JeMOfog ssalun
luawnalsul *noes sly!'eAo A11oud spy gOlIM uell /due a6aegoslp illdwoad Heys aeMOaaog
•g uollOas ul pepin0ad
aeuuew a Li1 ul weil /Cud 11Eys aaMoaaog `swell Moam53 6ae swell esayl leLi1 lue xe OI4 01 •Aue
41 'sluewssessy pue `seed `sena uo11e1Oossy Illunwwoa pue `/(ue 41 `Alaadoad 6141 uo dual punoa6 JO
sluewAed plogeseal luewna1sul Alun °as sly! JOAO Alpoud ulelle ueo LiO!UM Al.1edoad 8i1 01 algeingla1le
suo111sodwl pue said; `se6aego `sluewssesse `sexe111e /(ed
11Eys J9MOaaog •SUO!1 :se6ae140 'b
08721y 150
All insurance policies required by Lender and renewals of such policies shall be subject to
Lender's right to disapprove such policies, shall include a standard mortgagee clause, and shall name
Lender as mortgagee and /or as an additional Toss payee. Lender shall have the right to hold the
policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all
receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage,
not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall
include a mortgage clause and shall name Lender as mortgagee and /or as an additional loss payee.
In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender.
Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower
otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was
required by Lender, shall be applied to restoration or repair of Property, if the restoration or repair is
economically feasible and Lender's security is not lessened. During such repair and restoration
period, Lender shall have the right to hold such insurance proceeds until Lender has had an
opportunity to inspect such Property to ensure work has been completed to Lender's satisfaction,
provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the
repairs and restoration in a single payment or in a series of progress payments as the work is
completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on
such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on
such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be
paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or
repair is not economically feasible or Lender's security would be lessened, the insurance proceeds
shall be applied to the sums secured by this Security Instrument, whether or not then due, with the
excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for
in Section 2.
If Borrower abandons the Property, Lender may file, negotiate and settle any available
insurance claim and related matters. If Borrower does not respond within 30 days to a notice from
Lender that the insurance carrier has offered to settle a claim, the Lender may negotiate and settle the
claim. The 30 -day period will begin when the notice is given. In either event, or if Lender acquires the
Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to
any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this
Security Instrument, and (b) any other of Borrower's rights (other than the right to any refund of
unearned premiums paid by Borrower) under all insurance policies covering the Property, insofar as
such rights are applicable to the coverage of the Property. Lender may use the insurance proceeds
either to repair or restore the Property or to pay amounts unpaid under the Note or this Security
Instrument, whether or not then due.
6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's
principal residence within 60 days after the execution of this Security Instrument and shall continue to
occupy the Property as Borrower's principal residence for at least one year after the date of
occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably
withheld, or unless extenuating circumstances exist which are beyond Borrower's control.
7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall
not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the
WYOMING SINGLE FAMILY Fannie Mae/Freddle Mac UNIFORM INSTRUMENT Form 3051 1/01 (page 7of 16 pages)
(Se 66.C1 9110 g gaud)
LOA 450£ =OA IN31 .SNI W8OdINf aeIN alppead/aeW aiuueA-- AnIWtld 310NIS
;uew/(ed 6ui ;senbei ae,Oaaog
o; aepuei woa; eoi ;ou uodn ';saga ;ut Lions Li ;IM `elge/(ed eq !legs pue ;uewesingsip ;o elep eq
wog; elm a ;oN ay; ;e ;saga ;ui aeeq Heys s ;unowe esegi ;uewna;sui A;*nOeS sly; /(q paanoes JeMOaaog
;o;gep leuot ;tppe ewooeq !legs 6 uol ;oas sly; aapun aepuai /q pesJnqsp s;unowe kuy
•6 uol ;oeS sly; aapun pezpoq;ne
suol ;oe lie ao /(ue ao; '.mtgeii ou sanou! aepuei ;eLi; peei6e si ;I .os op o; uoi;e6llgo ao
/(;np I(ue aapun ;ou st pue os op o; eneq ;ou seop aepuei '6 uo!;oes sly; aapun uoi ;oe axle; /(ew aapual
g6nogily ;O JO uo pawn; se! ;!I! ;n eneq pue 'suoi ;lpuoo snoae6uep JO suol ;eio!n epoo ley ;o .10 6ulp !nq
e ;eulwtle 'sed!d wog; ae;eM uleap `sMOpu!M pue scoop do paeoq JO eoeldeJ `s)looi e6uego `saledea
eNew o; Apedoad ay; 6upewe 'o; pa;lwli ;ou s! ;nq 'sepnlou! Apedoad eql 6upnoes •6ulpeeooad
/(o ;dnmueq a ut uo! ;!sod paanoes s ;i 6u!pnlou! ;uewna;sul Awnoes stLi; aapun s ;q6p ao /pue
i(pedoad eq ui ;seae ;ui S ;i ;oa ;gad o; see; s,Aawo ;e a geuosee 6u!Aed (o) pue !Igloo uI 6uueedde
(q) ;uewnaisul ;*noes sill; JOAo ;popd sell golyM ueil a Aq paanoes swns /(ue 6ui/(ed (e) :o; pe ;iwil
;ou eau ;nq 'epnloui ueo suol ;oe s,aepue •Apedoad ay; 6up!Edea Jo /pue 6upnoes pue '/S Jedoad eq
;o amen ay; 6uissesse ao /pue 6u41o81oad 6uipniout ;uewna;sui ;*noes sly; aapun s ;q6p pue /(Uedoad
eqj ut ;seae ;ul s,aepuei ;oe ;old o; eleudoadde JO eigeuoseei sI aene;egM ao; /Cud pue op i(ew aapuei
ueq; 'Apedoad ay; peuopuege seq aeMOUog (o) JO `(suoi ;ein6ea JO sMe! eoao ;ue o; JO ;uawna ;sul
;*noes sty; aeno Awo*d ule ;e /(ew go!gM ue!! a ;O weweoao ;ue Jo; 'can ;le}ao; ao uO!;euwepuoo
ao; 'e;egoad `/(o;dnmueq ut 6uipeeooad se Lions) ;uewna ;sui A ;*noes slLi; aapun s ;y6p Jo/pue Apedoad
ay; ui ;sacra ;ut s,aepUe 1 mile /(l ;ueoi;tu6is 1y6iw ;ell; 6ulpeeooad 1e6ei a sI amyl (q) ;uewna ;sui
/(;pnoeS sty; ui peuie ;uoo s ;ueweaa6e pue s ;ueuenoo ell; moped o; site; aaMOaaoq (e) iuewna ;sui
I;lanoes s144 aapurl s146!1:1 pue Aiedoad ay; ui imam s,Jeoua1 uonoetoad '6
'eouepisei iedlouud s,aeMOaaog se A edoad ay;
Aouedn000 spennoaaog 6ulweouoo suoi ;e ;uesaadaa 'o; pel!wi! ;ou eau ;nq 'epnloui suoi ;e ;ueseadea
le!aa ;ew ueoi ell; Li ;tM uoi ;oauuoo u! (uo!;ewao ;u! Iepe;ew y ;lM Jepuei epnoad o; pane; ao) Jepuei
o; s ;uewe a ;s .10 uoi ;ewao;ui e;eanooeu! ao '6uipeelsiw 'asp; Apepe;ew ene6 ;uesuoo .10 e6pe Moue{
s,aeMOaaog ql!M ao aeMOaaoe ;O uol;oealp ay; ;e 6ui ;Oe sat ;i ;ua JO uosied Alm ao aaMOaaog `sseoaad
uoi ;eoiidde uuoi eql 6upnp ';i ;ine;ep ut eq !Heys JOMOaaog •uo!3eoliddy ueol s,aaMOaaog 'g
•asneo
elgeuoseea Lions 6u!/( ;toads uot;oedsu! aoue ;u! ue Lions o; loud ao ;o ew!T eq ;e eol ;ou aeMOJJOe an0
Heys Jepuei •/(;aedoad ay; uo s ;uewenoadwl ell ;o aopa ;w ay ;;oedsu! /taw aepue 'asneo elgeuoseea
seq p •/(pedoad ay; ;o suol ;oedsu! pue uodn sep ;ue elgeuoseei eNew /(ew ;ue6e s;! ao Jepuei
•uoi ;eao;saa ao aledea Lions ;o uoi;eldwoo ell; ao; uoi;e6!Igo spemaaog
pene! ea ;ou sI aeMOaaog '/gaedoad ay; eao ;sal ao aledeJ o ;;ue!o!;;ns ;ou ale spaeooad uoi ;euwepuoo
ao eoueansut ell; •pe ;eldwoo st >laoM eql s ;uew/(ed ssea6oad ;o sages a u! .10 ;uewAud
ei6uls a uI uopeao ;sea pue saiedei ell; ao; spaeooad esangslp /(ew aepuei •sesodand Lions ao; spaeooad
peseelei sell aepuei Apo /(Jadoad eqi 6u*o ;sea ao 6upiedel Jo; a q!suodsaa eq Heys aeMOaaog
'/tpedoad ay; ;o 6upie; ay; JO o; e6ewep Li ;tM uol ;oauuoo u! pied ale spaeooad not ;euwepuoo
ao eoueansut •e6ewep ao uol ;elope ;ep aeypn; pone o; pe6ewep ;I AlJedoad eq a!edea /(l ;dwoad !legs
JemoJJog 'elq!see; /Ileotwouooe ;ou s! uol;eao ;sea ao aledea ;ell; g uol ;geS o; ;uensand peulwae ;ep st
;I sseiun •uol ;!puoo s;! 01 enp enien ui 6uiseeaoep ao 6ul ;eao*e;ep woa; A;aedoad ay; ;uenaad o; aepao
uI Ai edoad ay; ule ;u!ew
(legs aeMOaaog 'Apedoad ell; u! 6u1p!8ea st JeMOaaog 40U .10 lay ;eqM .Apedoad
0872191;
r.
a J
damages, Borrower fails to respond to Lender within 30 days after the date the notice is given,
Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of
the Property or to the sums secured by this Security Instrument, whether or not the due. "Opposing
Party" means the third party that owes Borrower Miscellaneous Proceeds or the party against whom
Borrower has a right of action in regard to Miscellaneous Proceeds.
Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that,
in Lender's judgment, could result in forfeiture of the Property or other material impairment of
Lender's interest in the Property or rights under this Security Instrument. Borrower can cure such a
default an, if acceleration has occurred, reinstate as provided in Section 19, by causing the action or
proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the
Property or other material impairment of Lender's interest in the Property or rights under this Security
Instrument. The proceeds of any award or claim for damages that are attributable to the impairment
of Lender's interest in the Property are hereby assigned and shall be paid to Lender.
All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall
be applied in the order provided for in Section 2.
12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time
for payment or modification of amortization of the sums secured by this Security Instrument granted
by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the
liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to
commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for
payment or otherwise modify amortization of the sums secured by this Security Instrument by reason
of any demand made by the original Borrower or any Successors in Interest of Borrower. Any
forbearance by Lender in exercising any right or remedy including, without limitation, Lender's
acceptance of payments from third persons, entities or Successors in Interest of Borrower or in
amounts less than the amount due, shall not be a waiver of or preclude the exercise of any right or
remedy.
13. Joint and Several Liability; Co- signers; Successors and Assigns Bound. Borrower
covenants and agrees that Borrower's obligations and liability shall be joint and several. However,
any Borrower who co -signs this Security Instrument but does not execute the Note (a "co- signer (a)
is co- signing this Security Instrument only to mortgage, grant and convey the co- signer's interest in
the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the
sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can
agree to extend, modify, forbear or make any accomodations with regard to the terms of this Security
Instrument or the Note without the co- signer's consent.
Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes
Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall
obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be
released from Borrower's obligations and liability under this Security Instrument unless Lender agrees
to such release in writing. The covenants and agreements of this Security Instrument shall bind
(except as provided in Section 20) and benefit the successors and assigns of Lender.
14. Loan Charges. Lender may charge Borrower fees for services performed in connection
with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights
under this Security Instrument, including, but not limited to, attorney's fees, property inspection and
valuation fees. In regard to any other fees, the absence of express authority in this Security
WYOMING—SINGLE FAMILY Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3051 1/01
(page 11 of 16 pages)
(seBed g1. /0 at eBed)
1.0 /1. 1.50E wind 1N3Wf1aJSNI WFIOdINf OeWJ alppei /aeV aluue AIIWVd 310NIS
luawnalsul
Allanoes sILi; to pue aloN aq; to Adoo auo uenl6 eq Days aaMOalog •Ado3 s,aaMoaao8 •LL
•uo1;Oe Aue axle; of
uo! ;e6llgo Aue lnoyliM uolleaosip elos_sanl6 „/(ew„ paoM eq; (o) pue 'esaen aOIA pue Ieanld ayl epnloui
pue ueew !la's aeln6u!s eq; u1 SpJoM (q) 'aapue6 eululwel eq; to spotlit JO paoM Jelneu 6uipuodsaaaoo
epnioul pue ueew Ilegs aapue6 eupnosew eq; ;o spaoM (e) ;uewnalsu! Allanoas s!q; u! pasn sy
•uols!Awd 6U! O!I ;uoO al11n0LiI!M;Oalla uan16 eq U O LioiLiM
aloN awl ao luawnalsul ;lanoas siq; ;o suo!slnoad aewlo ;oa; ;e lou !legs loll ;uoo Lions 'Mel algeollddy
y ;!M slollluoo eloN eq; ao lueww sui /3unoes sigl lO esnelo ao uo!slnoad Aue leg; Juana eq; ul ;oealuoo
/(q lueweei6e 1sule6e uolllq!goad e se pans ;suoo eq lou ueys aoualls Lions lnq luaus eq 1g61w
JO loealuoo Aq aea6e of sawed ay; moue ARIo!Idw! ao Aillolldxe ly6lw Mel algeollddy Me elgeo!iddy
lo suollejIw11 pue sluewennbea Aue of loefgns we luawnalsul Allanoes sly; u! peule ;uoo suol;e6iigo
pue spg6la Ily •pa;eool s1 Apadoad eq; yo1LiM ul uo!lo!psunf eq; lO Mel eLl pue Mel leaapal /(q pewano6
eq pegs luewna;sui Apron s141 •uollona;suo3 seine :A3filquJenes :Mel Bufuaeno$ •91.
•luawnalsul Alpnoes siq; aapun luewaainbei 6ulpuodsaaaoo ay;
/t ;dies u!M ;uewaalnbaa Mel algeollddy eq; 'Mel elgeollddy aapun paainbe osle s1 luawnalsul /1lanoas
sly; Aq pwinbaa aollou Aue 11 •aapue l /(q paniaow /(uen;oe ulun aepuei o; ueA!6 uaaq anal o; pewaap
eq lou Bays luawnalsul /lanoas slq; yllM uol4OeUuoO u1 aollou Aug •aaMOaaog o; aO!;ou /(q sseippe
aey;oue paleu6lsep set aepue ssalun ulaaaq pa;els ssaappe s,aapue1 o; flew sseIO 4sa!l /(q 3! 6 ulllew
/(q JO 11 6upenliep Aq ueAi6 eq ueys aepuei of aollou /(uy •aw!; auo /due ;e luawnalsul ,lanoas s qI
aapun ssaappe aollou paleu6lsep euo Apo eq /(ew eaagi eanpeooad pal ;loads ley; y6noayl ssaappe
to e6uego a podaa Apo !legs JeMOaaog uey; 'ssaappe to e6ueyo s,aeMOaaog 6ullaodea ao; aanpeooad
e sallloads •ssaappe ;o e6uugo s,aaMOaaog to Jepuei ;i ;ou /tl ;dwoad ueys aaMOaaog
•aepuel of aollou /(q ssaappe aollou alnlllsgns e paleu6lsep set; aaMOaaog ssalun ssaappy /(pedoad
eq; aq ueys ssaappe aollou aqi •esiMaeq ;o saainbaa /(Issaadxe Mel algeollddy ssalun saaMouog Ile of
aollou a ;nil ;suoo Heys aeMoaaog euo Aue o; eol ;oN •sueew aeLi ;o /(q lugs ssaappe aollou s,JeMoaaos
o; paaan11ep Auenloe uegM JO Hew SselO ;sail /(q mew uegM aaMOaao8 of ueeq aney o; pewaap eq
Ileys luawna;sul,lanoeS slg3 Li ;!M uolloeuuoo Ul aaMOaaog o; aollou /(uy •6ull!JM ul eq lsnw;uawna;sul
A;!anoes S!ql Lil!M uolloeuuoo U! aapuei JO JeMOaaog /(q uanl6 sOO!;ou uy •saafioN •g1.
•a6JBgaieAo Lions ;o ;no 6ulslae aney 11.16iw
aaMOaaog uogoe ;o 4g61a /(ue 10 aenleM e a;nl!lsuoo II!M ieMOaaog o; ;uew/ted ;oaalp /(q epew punlaa
Lions to eoue ;deooe s,aaMOaaog •(e4oN ay; aapun Jo; papinoad s1 86aeyo ;uew /(edaad a IOU JO aaylagM)
a6aeyo luewAedaad Aue lnoy;iM ;uawAedaad lelped a se peleaa; eq IuM uollonpaa eq; ledlouud
ay; seonpaa pun ;aae ;I •aeMOaaog of luaw/(ed loaalp a 6upiew /(q ao aloN 8144 aapun paMO led!oulad
eq; 6ulonpaa /(q punlaa slNI wlew of esoogo /(ew aepue- •aaMOaaog o; pepunlaa eq IIIM sl!w!I palllwaad
pepeaoxe yolgM aaMOaaog woe; paloauo° /(peaale swns /(ue (q) pue '1!wll pall!wJed ay; o; e6aeio ay;
eonpaa of /Gesseoeu lunowe eq; /(q peonpaa aq Heys e6aeLio ueo! Lions Aue (e) :ueg4 `sl!w!I palllwaad
ay; peeoxe ueo eq; Li ;!M u011oaUUOO ul pa1Oau00 se6ae14o ueo! Jailo JO ;swap aLi ;eI1l os pa;aadaalui
AIieU1l Si Me! ley; pue `se6aego ueol wnwlxew s ;es gown Mel a of loa[gns s! ueo eq; 11
"Mal algeollddy Aq JO luawnalsul
/lanoas s!Li; Aq pa;lq!yoad Aissaadxe aae leg; seal a6aeyo lot; /(ew iepue eel Lions to 6ul6aego
ay; uo uolllq!Lioad a se pang ;suoo aq lou !legs aaMOaaog o; aa; o! ;loads a a6aeyo o; luawna ;sul
96ti7LSO
5 4
If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of
the lease. Borrower shall not surrender the leasehold estate and interests herein conveyed or
terminate or cancel the ground lease. Borrower shall not without the express written consent of
Lender, alter or amend the ground lease. If Borrower acquires fee title to the Property, the leasehold
and the fee title shall not merge unless Lender agrees to the merger in writing.
10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making
the Loan, Borrower shall pay the premiums required to maintaih the Mortgage Insurance in effect. If,
for any reason, the Mortgage Insurance coverage required by lender ceases to be available from the
mortgage insurer that previously provided such insurance and Borrower was required to make
separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the
premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously
in effect, at a cost substantially equivalent to the cost to Borrower of the Mortage Insurance previously
in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage
Insurance is not available, Borrower shall continue to pay to lender the amount of the separately
designated payments that were due when the insurance coverage ceased to be in effect. Lender will
accept, use and retain these payments as a non refundable loss reserve in lieu of Mortgage Insurance.
Such loss reserve shall be non refundable notwithstanding the fact that the Loan is ultimately paid in
full, and Lender shall not be required to pay Borrower any interest or earnings on such loss reserve.
Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount
and for the period that Lender requires)provided by an insurer selected by Lender again becomes
available, is obtained, and Lender requires separately designated payments toward the premiums for
Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in
effect, or provide a non refundable loss reserve, until Lender's requirement for Mortgage Insurance
ends in accordance with any written agreement between Borrower and Lender providing for such
termination or until termination is required by Applicable Law. Nothing in this Section 10 affects
Borrower's obligation to pay interest at the rate provided in the Note.
Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain
losses it may incur if Borrower does not repay the Loan as agreed. Borrower is not a party to the
Mortgage Insurance.
Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and
may enter into agreements with other parties that share or modify their risk or reduce losses. These
agreements are on terms and conditions that are satisfactory to the mortgage insurer and the other
party (or parties) to these agreements. These agreements may require the mortgage insurer to make
payments using any source of funds that the mortgage insurer may have available (which may include
funds obtained from Mortgage Insurance premiums).
As a result of these agreements, Lender, any purchaser of the Note, another insurer, any
reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly)
amounts that derive from (or might be characterized as) a portion of Borrower's payments for
Mortgage Insurance, in exchange for sharing or modifying the mortgage insurer's risk in exchange for
a share of the premiums paid to the insurer, the arrangement is often termed "captive reinsurance."
Further:
WYOMING— SINGLE FAMILY Fannle Mae/Freddie Mac UNIFORM INSTRUMENT Form 3051 1/01 (page 9 of 16 pages)
4z imtla! 1
ste/ U!
(sa5ed 91 Jo o j ailed)
1.0 /1. 1.90E uWJOI 1N3WfH1SNI WIHOIINf 38141 eIppaJd/aeW aluueA- A1I■Vd 310NIS
.1o! wrap 9 slilas o1 p .1eMe ue aNew o1 s .10iio (eou0ivas pxau ayi u! peuliap se) Aped 6u!soddp
0111 ;ayi.1OMo.1 .1og 01 Jepuai )(q aoRou.1e;ie `ij ao `.19MO .1 .1og Aq peuopuege si Apedoad ay; it
•enp uegi a .1s swns 0y;;ou Jo .1ay;ayM luewna;sul A1unoes sly; /q peanoes swns
ay! 0; palldde eq days speeoo .1d snoeuelleoslw ay; '6uRpm u! 09.169 eslM.1ey!o Jepuei pus .1eMo .1 .1og
ssalun 'anisn u! no! .10 `uo!loru!sep `6up{el piped oyi a .1oiaq Alele!pewwl pa .1noes swns ay; lo;unowe
ey; u9111 SS0! s! amen u! Sso! .10 `uolion.1isep `6u!Nel piped 011! a .1oieq Ale!elpewwl Apedo .1d eqi io anisn
ia ale; yolgM UI Apedo .1d 01! 10 amen u! ssoi .1o 'uolionaisep `6upie1 lelped s io Juana ey! 1.11
•.1OMO .1 109 o!
pled eq Heys eoueleq Aug •enien u! no! .10 `uolion.1isop `6upial piped eqi a.1oi0q Alaielpewwl )(pedoad
0111
lo anisn levees .1I01 818 (q) Aq pOpinlp amen u1. ssoi .10 `uo!lon.1!sOp `6U1)19! lull-fed ay! a .1oi0q
Al0 ;slpewwl pa .1noes swns ayi io !Unows 1910! NI (9) :uolioe .1; 6 uiMolloi a11i )(q pe Idlilnw Spee30k1
snoeuelleos IN eq1 10 lunows ayl iq pampa' eq hays !Uawn .1lsul Acanoes sly! Aq paanaas swns
0111 `6uRUM u! 08.169 es1M .18Li10 .1epUe pus .18MO .1 .1og ssalun 'amen uI ssol .1O `uoliona ;sap `6Up19! plied
0 111 a .1oiaq AI01slpewwl !uawn .1 ;sul A!uno0s s!y! Aq pa .1noes scans 011; !o iunowe 0111 uey! .19190.16 .10
01 lenbe sI amen u! ssol .10 'uoilon .1;sep lelped eioleq AIalalpeww! Apedo .1d 011110 anisn 1a)l.1sw
.11.91 ay; yol1M u! Apedo .1d ayi 10 anisn uI ssoi .10 `uo1lon .1lSep `6uplei lalpsd 910 wane 911! u1.
•aaMOJJOE of pled `Aue it 'ssaoxa a11i 1 8!M
'enp ua111 iou .10 .1a41ayM `1uawn .1ISUI /ail .1no0s s!qi Aq p0 .1noes scans ayi 01 palldde eq !legs Speeowd
Snoeuelleosin ay!
`Apeda.1d 01110 anisn Li! ssoi .10 `uolion.1 ;sap '6U!)191 19101 9 10 1uan0 9111 uI
uollOes
uI .101 pep!no .1d asp .10 041 uI palldde eq hays Sp0000Jd sno0U9IIeOsiW Lions •.10MO .1 .1og 01 pled 'Aue
1! `ssaoxa ay; y ;IM `anp U0Li1;ou .10 JeLgegM luewn.1isul Awno0s sly! Aq pampas scans 011l 0! palldde
eq lleys spaaoo .1d Snoeueil0oSlw 0(.11 'pauassal eq pinoM A!!ones sdepu01 .10 elglse01 Alluo!wouooe
iou sI J!eda.1 .10 UOlie .1oi5el ay; it •spaaoo .1d snoeu9IIeOSlW Lions uo s6ulwaa .1O !sa.1a!ul Aue JOMOaaog
/cud 01 pannbei eq iou !lugs Jepua1 `sp00owd snoeuelle3S!W Lions uo pled eq 0! IseJew! sa .1Inba.1 Mel
algsoliddy .10 6ulil .1M uI apses sI ivaweeJ6s tie ssalun •p0!eIdwoo s! )1JOM 0111 se slu0wAed ssei6oad
io SOUOS 9 uI .10 ;u0wes.1ngslp 016uls 9 ui uolia .10;90.1 pus sJ!ed0.1 0141 .101 Aed Aew .1apuei •A11dwo .1d
uemepepun eq !legs uollo0dsu! Lions 19141 pepinoad 'uol1osisl ;es s, .1epUei 01 pa ;OIdwoo ueeq s9Li )40M
0143 a .1nsue o; Apedaad Lions lOedsu! o! IS!!unpoddo us peg say Jepua1 pun speeowd Snoeuell0oslvi
Lions piny 01 1116p 0141 en9Li 119149 Jepu01 `poped uolie .1OlSO.1 pug .1IedeJ Lions 6uuna •pauassal
;ou S! A1Imoes s, .1epue1 pue appeal Alleolwouooe S! J!edeJ .10 uo1 eJols0.1 NI 1! 'Apedo .1d 014110 .1IedeJ
.10 uoileJoisei 01 palldde eq pays spaaoo .1d snoeuelleosiW Lions 'pe6awep s! Apedo.1d 0141 11
•Jepua101 pled eq Heys pus o; peu6lsse Agweq
a .1s spaaoo .1d Snoeuell
ads!W Ild 'aan;IaJaod Spaaaoad snOeU9IIa3slw Jo;uawu6lssy •I.
•uol ;eulwaa; .10 uol;elleoueo Lions Jo awl; ay; paweaun
aaaM ;ey; suanluaaad eoueansul e696ploijl Aue punJaa 9 anla3aa o ;Ai ay; apnioul Aew s;y61a
esegj .Mel aay ;o Aue ao 8661. ;o ;oy uol ;Oa;oad SJOUMOOWOH ay; aapun aoueansul a6eeplow
ay; o;;oadsaa y ;IM -Aue J! -say aaMOaaoB s;y6la ay; ;oape;ou IIIM s;uewae .16e Lions Aug (q)
•punMaa
Aue o; aaMOaao9 emus ;ou IIIM Aay; pue `aoueansul e6e6pow ao; aMO IIIM aaMOaao9 lunowe
ay; aseaa3ul log IIIM s ;uewaaa6e Lions •ueoi ay; I`o sum; aay ;o Aue JO `aoueansul e6e6ploW
ao4 Aed o; paaa6e 921.4 .10M0JJ09 12141 s;unowe ay palm log IIIM s;uawaaa6e Lions Au)/ (e)
0872196 151.
18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section
18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not
limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales
contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to
a purchaser.
If all or any part of the Property or any Interest in the Property is sold or transferred (or if
Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without
Lender's prior written consent, Lender may require immediate payment in full of all sums secured by
this Security Instrument. However, this option shall not be exercised by Lender if such exercise is
prohibited by Applicable Law.
If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice
shall provide a period of not less than 30 days from the date the notice is given in accordance with
Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower
fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies
permitted by this Security Instrument without further notice or demand on Borrower.
19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions,
Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time
prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale
contained in this Security Instrument; (b) such other period as Applicable Law might specify for the
termination of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Security
Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due
under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default
of any other covenants and agreements; (c) pays all expenses incurred in enforcing this Security
Instrument, including but not limited to, reasonable attorneys' fees, property inspection and valuation
fees, and other fees incurred for the purpose of protecting Lender's interest in the Property and rights
under this Security Instrument, shall continue unchanged. Lender may require that Borrower pay
such reinstatement sums and expenses in one or more if the following forms, as selected by Lender:
(a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check,
provided any such check is drawn upon an institution whose deposits are insured by a federal
agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrower,
this Security Instrument and obligations secured hereby shall remain fully effective as if no
acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration
under Section 18.
20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial
interest in the Note (together with this Security Instrument) can be sold one or more times without
prior notice to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer")
that collects Periodic Payments due under the Note and this Security Instrument and performs other
mortgage loan servicing obligations under the Note, this Security Instrument, and Applicable Law.
There also might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there
is a change of the Loan Servicer, Borrower will be given written notice of the change which will state
the name and address of the new Loan Servicer, the address to which payments should be made and
any other information RESPA requires in connection with a notice of transfer of servicing.
WYOMING— SINGLE FAMILY Fannle Mae/Freddle Mac UNIFORM INSTRUMENT Form 3051 1/01 (page 13 of 16 pages)
initial
(se5ed 9! to 6! seed)
•dnueel3
le;uewuonnu3 ue Jo; Japuei uo uoi ;e6Hgo i(ue amen Heys ulaJaq 6uly ;oN le;uawuaipw3
Li;inn eouepJ000e u! suoi ;oe IeipeweJ AJessaoau He a>le; A dwoid Heys JeMoiJOB 'kesseOeu
si J(JedoJd eq; 6upoa ;e eoue;sgns snopaezeH /(ue ;o uoi ;eipawa1 Jey ;o Jo ienoweJ itue ;eLi; 'Aped
e enpd Aue Jo 'A;IJOq ;ne AJo;ein6ei Jo le ;uawuaano6 i(ue i(q pal ;i ;ou sI Jo `sweat 10M01109 ;l 'Agaddid
eq; ;o amen ay; s ;Oa; ;e Alesienpe yolynn eoue;sgns snopaezeH a ;o eseeleJ Jo esn `eoueseJd ay;
Aq pesneo uoi ;ipuoo i(ue (o) pue `aoue ;sgns snopaezeH i(ue ;o esealaJ ;o ;eeay; Jo eseeie 'e6Jegosip
'6upleal '6uHHds Aue 'o; pew ;ou ;nq 6uipnloui `uol;ipuo3 le;uewuonnu3 Aue (q) 'a6paIMou»{
'emu seq JaMoJJOB golynn ;O Mel le;ueWUOJIAU3 Jo eoue;sgns snopaezeH i(ue pue AgedoJd
eq; 6uinlonul Aped a;enud Jo Aoue6e iJo;eln6al Jo le ;uewuaano6 /ue )(q uol;oe Jay ;o Jo ;InsMel
`puewep `wielo `uol ;e6i ;sanui Aue (e) ;o eol ;ou uaulJM Japuei eni6 )(I;dwoid Heys JOMOJJ08
•(s;onpoad Jewnsuoo uI seoue;sgns snopaezey `o; pa;Iw!!
;ou ;nq '6uipmoui) /padoJd ay; ;o eoueua;ulew o; pue sesn lei;uepisaa lewJOU o; e;eudoadde eq
o; peziu600eJ ApJeue6 OJB ;eLi; saoue;sgns snopaezeH ;o sal ;I;uenb Hews ;o ApadoJd ay; uo e6eao ;s
Jo 'esn 'aouasaad ay; o; Aidde ;ou Heys seoua;ues OM; 6uipeoaad ail •AvedoJd eq; ;o amen ay;
s ;Oa ;e Alasaanpe leg; uompuoo a semen `aoue;sgns snopaezeH a ;o asealaJ Jo `asn 'aouasaad ay; o;
anp 'goigM (o) Jo 'uoi ;Ipuoo le ;uawuoJlnu3 ue se ;eeJO golgM (q) 'Me1 le;uewuoJinu3 Aue ;o uoi ;atom
Li! sl lug; (e) ApedoJd eq; 6ul ;oa ;e 6uigp ue 'op o; esla euoAue Mope Jou 'op ;ou Heys JaMoJJOe
•ApedoJd aye Li! Jo uo 'eoue;sgns snopaezeH Aue asealaa o; ue;eaJq; Jo `seoue;sgns snopaezeH
/due ;o asealaa .10 `e6eao ;s 'lesodsip `esn `aouasaad eq !waad .10 esneo;ou Heys JaMoJJoe
•dnueen le ;uewuoJinu3 ue Je66u estMJay ;o Jo `o; a;nqu uoo
'asneo ueo ;ey; uol;Ipuoo B sueaw „u01 ;Ipuo3 Ie;uewuoJinu3„ ue (p) pue :Mei le;uewu0Jlnu3
ui peul;ep se `uol ;Oe IenowaJ Jo `uoi ;oe leipewei 'uouoe esuodsea Aim sepnioul „dnueei
Ie ;uawuo.inu3„ (o) :uoi;oa;oid lewewuoJinue Jo Alain `y ;leeq o; a;ele ley; pa ;soot si Agado.d ay;
aaagM uoi ;oipsun( ay; ;o sMel pue sMel Ieaape; sueew „Me le;uewu0Jinu3„ (q) :sie!Ja;ew ani ;oeoipe.
pue 'apAyaplewio; .10 so;segse 6uiule ;uoo siepe;ew `s ;uenlos allmelon 'sepioigaaq pue sepioi ;sad olio;
's;onpoid wneloJ ;ad Oixo; Jo aigewwel; day ;o `auasom `euiose6 :seoue;sgns 6uIMoHo; ay; pue Mel
Ie ;uewuo.inu3 i(q se seM Jo 's ;ue;niiod 'seoue;sgns snopaezey Jo OIXO; se pain ;ep seoue;sgns esoq;
aae „seoue;sgns snopaezeH„ (e) lZ uoi;oes sly; uI pasn sy •seoue ;sgns snopaezeH lZ
'OZ uoi;oe sly ;o suoisinoad uol ;oe ani;OaiJOO axle; 0; A;lunpoddo
pue eol ;ou ay; A ;si ;es o; pawaap eq Heys g L uol ;oes o; ;uensand JaMoJJOB o; uanl6 uoi ;eJalaOOe
aoi ;ou ey; pue ZZ uoi ;oes o; ;uensJnd JaMOJJOB o; ueAl6 eino o; ;lunpoddo pue uoi ;eaaleooe
;o eopou eql •ydeJ6eJed siy; ;o sesodind Jo; algeuoseei eq o; pawaap eq IHM poled ewi; leg;
`uaNe; eq ueo uoi ;oe ule.eo aao;eq esdei;snw LioILiM potted ewi; a sepi■oad Mel algeoHddy ;l •uoi ;oe
ani;o0JJoo axle; o; eoi ;ou Lions ;0 6uini6 ay; Ja ;e poled algeuoseei e o ;away Aped Jey ;o eq; pepao; ;e
pue goee q pe e e Lions (91. uoi ;oes ;o s ;uewe.inbei ay; y ;IM eoueildwoo uI ueAi6 aoi ;ou Lions Li;jM)
Aped Jay ;o ay; pai ;i ;ou seq Japuei J0 10M01109 Lions pun ;uewnh;sul ;*noes siq; ;o uoseei Aq paMo
A ;np i(ue Jo ;o uoisinoJd /due pegoeeiq seq Aied Jay ;o ay ;eq; se6alle ley; JO;uewnJ ;sui i(;unoas siy;
o; ;uensand suoi ;oe s,Aped Jay ;o eq; woJ; sesue ley; (sselo B ;o Jagwew ay; J0 ;ue61111 lenpinipui ue
Jay ;me se) uoi ;oe leloipnf Aue o; paulof eq Jo 'ulof 'eouewwoo Aew Jepuei JOu JaM01109 Je ;1eN
•JaseyoJnd a;oN ay; Aq papinoJd es!MJeq ;o
ssalun JaseyoJnd e;oN eq; Aq pawnsse ;ou eJe pue JaoinJas ueoi Josseoons a o; paua;suei;
eq JO mimes ueoi ay; Li;iM ulewel
..!Art JannoJJ0 o; suoi ;e6ligo 6uIOlnaas ueoi e6e6Pow ay; `a ;oN aLi;
;o JaseyoJnd ey; ueq; Jay ;o JaoinJas ueoi e iq pe vises sI ueoi ey; JelleaJew pue plos si a;oN aq ;l
la�
LOA LBOS WJOd JLN3Wf W.SNI WliOdINf1 aeW eIPPeJdfaeW eluued-- A1lWtld 3'1ONIS— ONIWOAM
0 8721,90
NON UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration
following Borrower's breach of any covenant or agreement in this Security Instrument (but not
prior to accleration under Section 18 unless Applicable Law provides otherwise). The notice
shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than
30 days from the date the notice Is given to Borrower, by which the default must be cured; and
(d) that failure to cure the default on or before the date specified In the notice may result in
acceleration of the sums secured by this Security Instrument and sale of the Property. The
notice shall further inform Borrower of the right to reinstate after acceleration and the right to
bring a court action to assert the non existence of a default or any other defense of Borrower to
acceleration and sale. If the default is not cured on or before the date specified in the notice,
Lender at its option may require immediate payment in full of all sums secured by this Security
Instrument without further demand and may invoke the power of sale and any other remedies
permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in
pursuing the remedies provided in Section 22, including, but not limited to, reasonable
attorney's fees and costs if title evidence.
If Lender Invokes the power of sale, Lender shall give notice of intent to foreclose to
Borrower„ and to the person to possession of the Property, if different, in accordance with
Applical$e L i Leflder, ive notice of the sale to Borrower in the manner provided in
Section 15.,J.,e ,er�,eh publish the notice of sale, and the Property shall be sold in the manner
pres lipifeibi titv Lender or its designee may purchase the Property at any sale.
The proceeds of the sale shall be applied in the following order: (a) to all expenses of the sale,
including, but not limited to, reasonable attorney's fees; (b) to all sums secured by this Security
Instrument; and (c) any excess to the person or persons legally entitled to it.
23. Release. Upon payment of all sums secured by this Security Instrument, Lender shall
release this Security Instrument. Borrower shall pay any recordation costs. Lender may charge
Borrower a fee for releasing this Security Instrument, but only if the fee is paid to a third party for
services rendered and the charging of the fee is permitted under Applicable Law.
24. Waivers. Borrower release and waives all rights under and by virtue of the homestead
exemption laws of Wyoming.
WYOMING SINGLE FAMILY Fannie MaelFreddle Mac UNIFORM INSTRUMENT Form 3051 1/01 (page 15 of 16 pages)
X58
08'741
STATE OF WYOMING,
My Commission Expires:
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.
(Seal)
W i 1 1 i a m D. Yearsley Borrower
L ;7 (Seal)
Barbara Jo Yearley Borrower
[Space Below This Line For Acknowledgment]
The foregoing instrument was acknowledged before me this 03/12/01
(date)
by William D. Yearsley and Barbara Jo Yearsley
(person acknowledging)
Notary Public
County ss:
159
WYOMING—SINGLE FAMILY Fannie Mae/Freddle Mac UNIFORM INSTRUMENT Form 3051 1/01 (page 16 of 16 pages)
initials