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953857
CERTIFICATE OF SALE ON MORTGAGE FORECLOSURE ,4 w of lawful age, being first duly sworn upon his /her oat ac ording to law, deposes and says: 000539 1. That he /she is now and was at all times herein mentioned, a duly appointed, qualified and acting Deputy Sheriff of Lincoln County, Wyoming. 2. That the Mortgagee caused a notice of the following- described mortgage foreclosure sale to be published once a week for four consecutive weeks in the Star Valley Independence, a newspaper printed, published, and of general circulation in the County of Lincoln, State of Wyoming, the said publication having been made on April 29, May 6, 13, 20, 2010; that said Notice of Mortgage Foreclosure Sale was given in the manner and for the time required by law; that all acts had and done hereunder were in accordance with and conformity to the requirements of law in such case made and provided; and that Proof of Publication of said Notice of Mortgage Foreclosure Sale, together with a true copy of said Notice, is attached hereto, marked "Exhibit A and by this reference made a part hereof. 3. That said mortgage in Exhibit A secured a single indebtedness owed to the Mortgagee, and as stated in Exhibit A. 4. That on the 8th day of June, 2010, at the hour of 10:00 o'clock A.M., at the front door of the Courthouse of the County of Lincoln, State of Wyoming, in Kemmerer, Wyoming, the same being also the place of holding the District Court in said County, and at public venue, to the highest bidder for cash, he /she offered for sale the following- described lands and premises as separate parcels, then offered for sale said lands and premises, as a whole. No bids were received for the lands and premises in Parcel 1 described below and no bids were received for the sale of Parcel 1 and Parcel 2 described below as a whole and he /she then sold the lands and premises in Parcel 2 as follows: Parcel 1: Lot 28 Rees Subdivision, as shown by the official Plat thereof recorded September 1, 1955 in the office of the Recorder of Lincoln County, Wyoming, as Plat No. 171, and being part of the North 1 /2 of the Southeast 1 /4 of Section 20, Township 37 North, Range 118 West of the Sixth Principal Meridian. Parcel 2: Lot 2, Aspen Ridge Estates, Lincoln County, Wyoming, according to that Plat filed April 28, 2004, in the Office of the Lincoln County Clerk, as Plat No. 237 -B. r1 The lands and premises in Parcel 2 were sold for the sum of 7/ 5 O C7 to 5--4 �to, .2e p .�-r 7 having bid fairly and in good faith therefore, and being the highest bidder and best bidder, for all of said lands and premises, being particularly described as follows, to -wit: RECEIVED 6/8/2010 at 10:13 AM RECEIVING 953857 BOOK: 748 PAGE: 539 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Lot 2, Aspen Ridge Estates, Lincoln County, Wyoming, according to that Plat filed April 28, 2004, in the Office of the Lincoln County Clerk, as Plat No. 237 -B. 5. That Parcel 2 was sold pursuant to the above provisions of the Notice of Mortgage Foreclosure Sale herein above described, and under and by virtue of the power of sale and authority contained in that certain Mortgage dated October 9, 2007, made, executed, and delivered by David Truax and Esperanza Montoya- Truax, as Mortgagor, to 1 Bank, Afton, Wyoming, as Mortgagee, which Mortgage was filed for record in the Office of the County Clerk and Ex- Officio Register of Deeds within and for Lincoln County, Wyoming on October 17, 2007, in Book 675, at Page 842, Rec. #934137, and modified on October 17, 2007, and filed of record on October 23, 2007, in Book 676, Page 401, Rec. #934275. 6. That the debt secured by said Mortgage at the time of the sale, including principal, interest, advances fees, costs and expenses of foreclosure was the actual sum of $213,980.26 as follows: Amount due on principal Interest, Late fees to Date of Sale Publication of Notice of Sale Sheriff's Fee Foreclosure Guaranty Title Policy Certified Mailing Costs Recording Fees Attorney Foreclosure Fee Miscellaneous Expenses Negative Escrow Reserve Balance Total Parcel 1 Amount Bid Parcel 2 Amount Bid Total Amount Bid Deficiency /Surplus $199,665.03 $8,799.00 $390.00 $10.00 $150.00 $49.86 50.00 $4,760.37 $106.00 $0.00 $213,980.26 0.00 i/5 /!r coo. 00 '?g 2� 8. That before the allowance and addition of the sum of $4,760.37 to the aforesaid debt as attorney fees, there was duly filed with the aforesaid Sheriff /Deputy Sheriff of Lincoln County, Wyoming, affiant herein„ by John P. LaBuda, of LaBuda Law Office, P.C., an attorney admitted generally to practice in the State of Wyoming and representing the Mortgagee, an affidavit duly made and executed pursuant to the provisions of Wyoming Statutes Section 34 -4 -112, an executed 2010. true copy of which affidavit is attached hereto, marked as "Exhibit B and by this reference made a part hereof. 9. That prior to the aforesaid sale of the within described lands and premises, there was also duly filed with said Sheriff /Deputy Sheriff, affiant here, by said John P. LaBuda, of LaBuda Law Office, P.C., one of the attorneys representing Mortgagee, an Affidavit of Mailing of Notice of Default and Notice of Intention to Foreclose Mortgage, said affidavit being duly made and executed pursuant to the provisions of Wyoming Statutes 34 -4 -103 (a)(iv), an executed true copy of which is attached hereto, marked "Exhibit C", and by reference made a part hereof. 10. That prior to the aforesaid sale of the within described lands and premises, there was also duly filed with said Sheriff /Deputy Sheriff, affiant here, by said John P. LaBuda, of LaBuda Law Office, P.C., one of the attorneys representing Mortgagee, an Affidavit of Mailing of Notice of Foreclosure Sale, said affidavit being duly made and executed pursuant to the provisions of Wyoming Statutes 34 -4 -104 (a), an executed true copy of which is attached hereto, marked "Exhibit D and by reference made a part hereof. 11. That said -574 re-'/ le r f eing the purchaser of the Parcel 2 lands and premises, said (f'` f. �n A- 'i, and its, his, her successors and assigns, will be entitled t a deed for said Ial'nEls and premises in Parcel 2 on and after the 8th day of October, 2010, said date being after the expiration of three (3) months plus thirty (30) days from the date of sale, unless the same shall be redeemed prior to that date as provided by law. IN WITNESS WHEREOF, he /she has hereunto signed his /her name this 8 day of June, Shane Johnson, Sheriff of Lincoln County, Wyoming The State of Wyoming ss. County of Lincoln The foregoin ,g instrument was acknowledged before me by J -C) lik 1 L -h day of (10f1 }Y1 2010. Witness my hand and official seal. My commission expires: L_ 121/ 11 Notary Public SAVANNA L. HAWKES NOTARY PUBLIC Cr V i 5 S 1 COUNTY OF (s';t STATE OF LINCOLN r? 1. VVYO p re s rr My Commission Expires this I SARAH HALE, Managing Editor of the Star Valley Independent, published weekly at Afton, Lincoln County, Wyoming, do solemnly swear that the notice, a copy of which is hereto attached, was published weekly in the regular and entire iss}�`e of said newspaper, and not in any supplement thereof, for '"T consecutive issues, 2010, and commencing with the issue date ending with issue dated Subscrib d and sworn in before me this FORECLOSURE SALE WHEREAS, the power of sale in the following- described Mortgage, duly recorded as here= inafter specified;' having become operative by the default in a con "dition of such Mortgage by the Mortgagor, and no suit or pro-. needing having been instituted to recover the debt thereby secured, or any part thereof, 1st Bank, Alpine, Alpine, Wyoming, the Mortgagee therein, hereby states and gives notice? that: 1. The aforesaid Mortgage, dated October 9, 2007, was filed of record on October 17, 2007 in Book 675, Page•. 842, reception no. 934137 in the Office of the County Clerk and Ex- Officio Register of Deeds of Lincoln County, Wyoming. The Mortgage was modified on October 17, 2007, and filed of record on October 23, 2007, in Book 676, Page 401, reception no. 934275 in the Office of the County Clerk and Ex- Officio Register of Deeds of Lincoln County, Wyoming. 2. That written notice: of intent to foreclose the aforesaid Mortgage by advertisement and sale has been served upon David Truax and Esperanza Montoya. Truax, husband and wife, tenants by the entireties, as record owner and person in possession, and Allison Harris, as person in pos- session by certified mail with return receipt, mailed to the last 2010. My commission expires August 31, 2 NOTICE OF MORTGAGE 3. The amount claimed to 6 Pursuant to Wyoming be due on said Mo rt g age as rof Statutes, ecti 1 18109(b), April 8, 2010, for principal, inter- est and late fees, is the sum of $201,638.50, together with all accruing interest at the rate of $42.40 per day, advances, attor ney fees, costs, fees and expenses of foreclosure. 4. The mortgaged premis- es are described as: Parcel 1: Lot 28 Rees Subdivision, as shown by the offi- cial Plat thereof recorded September 1, 1955 in the office of the Recorder of Lincoln County, Wyoming, as Plat No. 171, and being part of, the North `of the Southeast i of Section 20, Township 37 North, Range 118 West of the Sixth Principal Meridian. Parcel 2: Lot 2, Aspen Ridge Estates, Lincoln County, Wyomi according to that Plat filed April 28, 2004, in the Office of the Lincoln County Clerk, as Plat No. 237 5. That by virtue of the power of sale contained therein, said Mortgage will be foreclosed by sale of the above described mortgaged premises, or so much thereof as may be necessary, at venue by the Sheriff or Deputy Sheriff of Lincoln County, :.Wyoming, at the front of the Courthouse. in Kemmerer, Lincoln County, Wyoming, at 10:00 o'clock A.M. on June 8, 2010, to satisfy the afnrecai1 .amount. and accruing JANA BRYANT County or E_incoin Cornrnis >;or the property being foreclose upon may be subject to other liens and encumbrances that will I not be extinguished at the sale and any prospective purchaser should research the status of title before submitting a bid." Dated this 23 rd day of April, 1st Bank,, Alpine, Publish April 29, May 6, 13, 20, 2010 t 1 542 state of Wyoming !.:gust 31. 201 EXHIBIT ,tea John P. LaBuda, of lawful age, being first duly sworn upon his oath according to law, deposes and says: 1. That he is an attorney generally admitted to practice law within the State of Wyoming; that he is one of the attorneys for and is representing 1st Bank of Afton, Wyoming, in its foreclosure of that certain mortgage dated October 9, 2007, made, executed, and delivered by David Truax and Esperanza Montoya Truax, as Mortgagor, to 1 Bank, Afton, Wyoming, as Mortgagee, which Mortgage was filed for record in the Office of the County Clerk and Ex- Officio Register of Deeds within and for Lincoln County, Wyoming on October 17, 2007, in Book 675, at Page 842, Rec. #934137, and modified on October 17, 2007, and filed of record on October 23, 2007, in Book 676, Page 401, Rec. #934275. DATED this That there is not, not has there been, any agreement, expressed or implied, between him and his client, nor between him and any other person except practicing attorneys in the State of Wyoming engaged with him as attorneys in said foreclosure proceedings, for any sharing or division of his attorney's fee of $4,760.37 to be allowed and added to the debt involved, and any fee, when so allowed and added to the debt, is only compensation for services actually rendered in said foreclosure proceedings. day of June, 2010. John P. LaBuda State of Wyoming County of Sublette AFFIDAVIT OF ATTORNEY REGARDING FEES /if :ss Subscribed and sworn to before me this day of June, 2010, by John P. LaBuda. Witness my hand and official seal. My commission expires: COUNTY OF SUBLETTE C N- •V Y 'T' STATE OF WYOMING Notary Public w" el 1.STATFe INTERNATION AFFIDAVIT OF MAILING OF NOTICE OF DEFAULT AND NOTICE OF INTENTION TO FORECLOSE MORTGAGE John P. LaBuda, of lawful age, being first duly sworn upon his oath according to law, deposes and says: DATED this That he is an attorney generally admitted to practice law within the State of Wyoming; that he is one of the attorneys for and is representing f Bank of Alpine, Wyoming, in its foreclosure of that certain mortgage dated October 9, 2007, made, executed, and delivered by David Truax and Esperanza Montoya Truax, as Mortgagor, to 1 Bank, Afton, Wyoming, as Mortgagee, which Mortgage was filed for record in the Office of the County Clerk and Ex- Officio Register of Deeds within and for Lincoln County, Wyoming on October 17, 2007, in Book 675, at Page 842, Rec. #934137, and modified on October 17, 2007, and filed of record on October 23, 2007, in Book 676, Page 401, Rec. #934275. That on April 9, 2010, he deposited in the United State Post Office at Pinedale, Wyoming, Notice of Default and Notice of Intention to Foreclose Mortgage, hereinafter set forth, postage prepaid and address and sent by certified mail, to the following persons, at their last known address, they being the owners of record and persons in possession of the mortgaged premises: David Truax 3800 S. Meadow Drive PO Box 10191 Jackson, WY 83002 Esperanza Montoya -Truax 3800 S. Meadow Drive PO Box 10191 Jackson, WY 83002 Allison Harris P.O. Box 3002 Alpine, WY 83128 day of June, 2010. John P. LaBuda 3. That a true copy of said Notice of Default and Notice of Intention to Foreclose Mortgage is attached hereto, marked "Exhibit A and by this reference made a part hereof. S44 .ley State of Wyoming County of Sublette Subscribed and sworn to before me this day of June, 2010, by John P. LaBuda. Witness my hand and official seal. My commission expires: tk :SS Notary Public T T CROSSON NOTARY STATE Of SUB COUNTY OF WYOMING SUBLETTE z COMMISSION E I ES NOV. 17, JOHN P tABUDA David Truax 3800 S. Meadow Drive P.O. Box 10191 Jackson, WY 83002 Esperanza Montoya -Truax 3800 S. Meadow Drive P.O. Box 10191 Jackson, WY 83002 Allison Harris P.O. Box 3002 Alpine, WY 83128 LABUDA.LAW OFFICE, P.C. ATTORNEYS AT LAW P.O. Box 1240 PINEDALE, WYOMING 82941 Via Certified Mail Return Receipt Requested NOTICE OF INTENT TO FORECLOSE MORTGAGE BY ADVERTISEMENT AND SALE April 8, 2010 000 546 307 367 -3927 FAx 307 367 -3928 JLAB UDA000@C ENTUHYT E L.NE T RE: l Bank, Alpine Delinquent Mortgage Dear Mr. and Mrs. Truax: Please be advised that 1 Bank, Alpine has contacted my office regarding the collection of the outstanding amount due on the Credit Agreement and Disclosure "Note dated October 9, 2007, in the principal sum of $192,483.48, given by David Truax and Esperanza Montoya- Truax, husband and wife, as tenants by the entireties, to 1 Bank Alpine "the Bank The Note's terms were changed on October 17, 2007, to the principal sum of $200,000.00 in the form of a Credit Agreement and Disclosure Change in Terms Agreement. The Note is secured by a Mortgage dated October 9, 2007, given by Mr. and Mrs. Truax, as husband and wife, tenants by the entireties to the Bank, and recorded October 17, 2007, in the Office of the County Clerk of Lincoln County, Wyoming in Book No. 675, Page 842, reception no. 934137 "Mortgage The Mortgage was modified on October 17, 2007, and recorded on October 23, 2007, in the office of the County Clerk of Lincoln County, Wyoming, in Book No. 676, Page 401, reception no. 9342 75. The Mortgage and Modification of Mortgage covers the following described real property: .Parcel 1: Lot 28 Rees Subdivision, as shown by the official Plat thereof recorded September 1, 1955 in the office of the Recorder of Lincoln County, Wyoming, as Plat No. 171, and being part of the North %2 of the Southeast 'A of Section 20, Township 37 North, Range 118 West of the Sixth Principal Meridian. Parcel 2: Lot 2, Aspen Ridge Estates, Lincoln County, Wyoming, according to that Plat filed April 28, 2004, in the Office of the Lincoln County Clerk, as Plat No. 237 -B. According to the terms of the Note, Mr. and Mrs. Truax, agreed to pay to the Bank interest payments each month, commencing November 30, 2007, until the Note was paid in full pursuant to a balloon payment on or before October 30, 2012. The Note interest payments are due on the last day of the month. According to the Bank's records, the last payment was received and credited on December 31, 2007. As of April 8, 2010, the total outstanding principal balance due under the Note is $199,665.03. Interest has accrued under the Note in the sum of $1,780.58. As of April 8, 2010, late charges of $192.89 had accrued. Interest is accruing on said principal balance at the annual rate of 7.75% per annum or $42.40 per day from April 8, 2010. Pursuant to the terms of the Note, the Bank has elected to declare the Note immediately due and payable, and demand is hereby made for the payment of the entire principal balance due plus accrued interest, late charges, together with attorney fees to date in the sum of $550.00. 1 have enclosed a copy of the Credit Agreement and Disclosure, Credit Agreement and Disclosure Change in Terms Agreement, Mortgage, and Modification of Mortgage for your reference. In the event Mr. Truax and or Mrs. Truax have not contacted the undersigned and made satisfactory arrangements for the payment, in full, of this debt within ten (10) days of the date of this letter, formal legal proceedings, to include foreclosure of the Mortgage by advertisement and sale, pursuant to the power of sale contained in the Mortgage, will be instituted to recover this indebtedness, together with all attorney's fees and court costs incurred in the process. This debt will be assumed valid unless, within thirty (30) days after receipt of this notice, you dispute the validity of this debt in writing to the undersigned attorney. The copy of the Credit Agreement and Disclosure, Credit Agreement and Disclosure Change in Terms Agreement, Mortgage, and Modification of Mortgage enclosed with this letter serves as verification of the debt. If you dispute the validity of this debt in writing within thirty (30) days after receipt of this notice, additional verification of the debt will be obtained and a copy of the verification will be mailed to you. The Bank's address will be provided to you if, within thirty (30) days, you make written request for such address. You should be aware, however, that even though you may dispute the validity or amount of this debt my collection efforts may continue. This communication is an attempt to collect a debt, and any information obtained will be used for this purpose. You should consider this as formal notice of the mortgage holder's intent to foreclose by advertisement and sale as provided in Chapter 4 of Title 34 of the Wyoming Statutes. A Notice of Mortgage Foreclosure Sale, including your name, will appear in the local newspaper following ten (10) days after the date of this letter. A copy of that Notice of Mortgage Foreclosure Sale will be mailed to you by certified mail prior to the first date of publication of that Notice. This Notice is given to Mr. and Mrs. Truax as record owner and possible person in possession of the mortgaged premises. This Notice is given to Allison Harris as person in possession Very truly yours, 1st Bank, Alpine, w/o encl. .lC548 PRE T AGREEMENT AND DISCIA lieferericesin.thatioxes:rabove Airejcircur Any tem bece C'efittiling 'paigorilvar1 lois dr' [term 'ElorrtivVet: DAVI0• TRUA•. IStAtifilt ESPERANZ4 :i at':' P0'.130X;3553 7•• H. gliwf.iY ALPINEMY :1331113 0.41;:14.0.1:10 :...t O�)549 :CRED.IT S'..192;483.48 9, 2007 introduction., Thie. Ctedit;' 1)greartierit.findr,.0fSalitatitai.1"A greartietitP);•§02VOYASNOot.ilifie'ht.Predit. (Mt or.)thei 1:Credit-Line Account:) issued •through 1st. Bank.- „In ihisAgreamentwtherwords 7.Borrowatifl'fi'yotA, and.viAppli cang' an tech; ono. o.ory,nor..sud...*iv Agreement,j.including all Sorrowers narned The words 4 terOis:oli'd•OriodiAlons: Proinio toPay. y9q.prpmise: dor*,,or.;nrctor, tho.to.tsil •gf11. a dyaer FINANOB UARES tOgetherwith:ell. qr3 are 0$00 6 !.15.0i' hth seure youd CredIt You win a our Line .auccittlIng to the payritentterrns.. set forth fjelMii; If thare,.litriareLthaMoneo'Sorrower? eactpia jointiy,and 1-111*-Tri"!/"1".."'I'rc`quIrP'.'InY.t."'"wpr" 'PTit'.01..P0"9M4'''Cluf'.9h(lattlii;19)e)))))0tfli010)).),60;0•01)105:ieri.Oiatiiadit•te'firlylierttiWar... Each Eitiriawst 'autitariiaa;.:1iliy.titherlforraWar; on 1)100)'hoi;:if5iiiiiitkiiii).))6 •Whahaill:ii),:k0) 14 .01CLine ..io do all. other things .necessary to .cari.yatit thittaimi We 9en release :any. Borrower.trontufespensiliiiitrunderthIcAgrefenent, and -the.others w11 rem aim rasp ensaile Term; ,The•lorni of "our Credit Line: Wilt begin..aS. of the,date..efthia (tigOnitigliot6");.and .October 30,, 2012 ("Maturity Date 9. All indebtedness: under this. adt alreaMr.paid.:..otirsuant the payrnent,lptavfsiop$,helqw,• will he, due and. PayahleUpan Maturity....'the' Youriedit:Wher hePit) us• in the State of Wydmirig e following 'the expliatithii ,erthe:frightiti:Canteli of the.Mdrtgege he, reSbigt:of all requited aettifleates: nondarteallatIon;..encil the Meeting:at:al0fl 5 f'(00:,.. rfoymAntS:;.:yy.ilf.lop•:;f)uo the 0.0thAoy.::4f. .Yotimeraht4itt:atiditdVanaes: Y.d•U -0.44:4)O,•..erioy ltantiWeir 'extend:. the period during Which* you rritiY.Atalivitedit.editaiibetvcitimake:PaYinentir "Yott'ftritherragree we- May:tetiew dt. eittenct.yOuri Line. Account. Minintutn•Pyrnerit. 'Your Payment r eittiartfittairiatitit:at 9citiocaftid FINANCRiC1-1A.RGES!'llt 450:00, YOU will' rnake..59 o.thesO paymentL You wilP then be requiredi.tct;payAheielitite1;ititarice•441hen ty'single If yow.Makepnly the fraYMents, '.you 401110•04,f,tilltft,firld.'040KOOVriliffit Btreai. Your in..anyeyentiff your'Cretift,Eina..belencesil.)4i g5fee0 .'pey....ydur Y'ou agree to: pay then. the'Mirifrnum Payiiiention or 'fiefOre'the aue.clate Indlaittett.ifit jrtifit• How Your Aelnants.-Are.Appiled. ynless.otherW)svegreed;ppreptifted'...hy.rapplicaakttewi payments end7other,:oredits Will he applied first. to FiPanCe.Chargee;:thetile....Unpaiii.tiriticipaif„antftherttaAtehatge41)11.0therScilaP5.0. Ileceifit. of Payments: All. payments must be madefiby. a .Oliedit account debit, .electratiia funds tranafet Money order, or other iristrOrheriOn 1.1.5, tie received by us atithe.::retnittaiide! oh ..y)11,1r.PPf)Odia..15111ing.stater1ent, Payments received at;that.addreSS.Priar to 300 PM MST da iftbe Cradittid.ApYtait CrdIt LldesofThet.teceid l we'receive,:payments atother.locationc.:such be aredited.promptiy.toryout0tedittilne but orecliting.irtiey idfrutt:torftve 15) days:tifterredelpt. Credft.Lintit. 'ThiSLAgreatnent 'daversi IiiiO44;001(40t'Iliii#111010.0yfoit.O 110...00d,fOis!,':17 Eigliw;tbroo (tlaz,403 yoUt''.'.OdittimIt":underthi yohr.,reqUest;for achtertaeg''.'autileCt.tolhaiaectItimkttilowen kenderY•allig111*,, ?tit(traaybartoyv againet.the; Lie repay. of the amount borrowed and roAiurroW'Uto,itur,:atitounf. ortfie.treditS1.1talt, .at-enrone lline. You agree not ..1O attempt, re9u.esti,:orAbtOin,o,:oieditiiiiitintinliet,iN111. Litier,AdcouriftrafitiOaa.xdatid.'yout Credit. Liniit. Your Credit Limit will ticit be increased SheOld:yo(taYerdraw•yettOredit:Lifii);A:deoanti f Ff youceSeepif.'ytt)ft"ttedit:Limiti yot;:e0roo to repay lmmediteIy the.amountby whloh leueCted it tine' ACcOuritrajtaeatia;NOUrc re4it Llmit evn If we,..hatta..ntit'Yet -till red yt11). Any Oed it dvoric'es excess of your Credit Limit will not he .secured'hythe Charm* to Vckii Credit Line. Wa:.triay.itherge your 'othOr 141..f.o.ritl:00OtO11114000lire.:;4115ated goy um:lir...VA Agreement; the Mortgage or any other documant related to your CrdIt LIr� In dditlon, we continuing Insurari00::OovoiaDO os described :1n the paragraph titted.'"Insuranott!'• b.stow. or as des aril:tad:Ai the Mailg age4 OrthiS: transaction. We may a lsm, et our option, charge t your Credit Line to paY.atijreaStsipt.experise*.le 110)00:01..:0))tractIour ilitereet These oosts or expenses include,. without 'limitation, PeYinerits cure, defaultaUffidet:tit'eyatitig:'..1.1ei*dh5•YOX:Priiielptil ktVi011ifig. ff ygcl do notpay your property taxes. We:"May.,:Charge- your CreditLinirand.peythe.-delinguan)taxesi •Nny•amount so abetted toi advanbeLond wilt decrease the fUnds4iVellatife, ifeny, under the ..0.redit Lino. HOWOO:(3.-wO bayo to provide any of the credit .a&pri,co4 to Ih.tlits paragraph. :CeadiViNdirances. •Aftet tfie.Effedtiva.Pisbiiitaattai(ht 0)))))"..eth You.1119Y;g0t.041,..O.P34.1.tad.Vo avec undo.r tjne as ..f Teiephone F(oggost:. tyou abealait: :14Y;',.telePhotte EXCePt!far Ira.rfaaationa ctiveredliy. the: hlic1)0tr0010.411)))11Y.entferstAot,ana'..0nleaX...atherw).Wagteactin your dePotlt ocooOnf;OgreOnionti..yOu OV.tOlopfroniOnotruoOnnsl 0;10'4* issra:ssiiit novae liable for any.: loss expense. or poi vArlaing out at an y„;feliPliantc'tiOuait.,..liiclUditti itriy,:fratidiiiiitfO'hirleuiheifkitiPtelepha ri a t .e q uett,...Wiiiit actirtg upor' itch instructions 6814).9(4, tMlie;gantiltat... .Requests By fleoudstiri9 f.iiVadViirice!bi4taii. Requests in Person,, ffogos0g- If there is more than one person:.aUthorized use 1611 ...Credit Line AOceurtt:Vou'..ifgrea to gIVe Ua at:inflicting Inatruoions, •such as .one Soto:met: telling us nptto r g ive: other,. Transactlon floOtiirelitenta.••TrielfolldWir)itratiSectlen lknitatiotis wlijaPIy ttithe gSe Line: T iiti4dest, Request By Mali and In Person Requasttirn litidens. There. are:iieLitrefititation IlMitettone for requatting ansadVatic.a by telephOna,.reqUesting an adianoitY. mailor requeStingAtt, .Limitation on .All Access Devices. You may. riotusti; any eaciossAiVfdii,wheithentleSPribill atiafte•ar the futtre fol any...illegal or tntafuJ franeactiort,..nd We MaY...t(iiciinry.to?!.authei4eittny tratIseetion that we hislioyet:poses.....an ,undue risk af lIgaIlty or VrilawfUlneta: Ncitwithettindina:the.toregding may adlieet any dOltf arfsing. out*fany lilegel or unlawful Future' 0recilt.tine• Services. :Y.Oprappficattort for this Credit :Line ..also servesrasra. request talaCelVer".ett.tiervit'.atirvidet (Shah Is egeose..dViois) which may lie euijiltjhie gii tUturtrtiMe:astirte„Otatir aryldas In..,puqqaction wlth thl Credlt Line Y.pu:;.unOmtand..ihtit this:request voluntary, and. that you may refuse.any' of thesia,reW:SerViaiSertharstlrita.11149"are'Offerati; -Yat.i'tUrthist..Urideraterid‘that'tha tOttos..00d:ponditioris o tihis or room Int will g °via ova nY.A.r..onoontions made pursuant toenrotthese new servioes, Collateral. You acknowledge this .Agreettientis'eacured•hy theifellowlitg.„collateral;deoritiett inlhe4seetalty.triStrcanentlisted hroint..e• Mortgage dated October. a 2007, to us .9 o n real propeityl:ooated• In UNCOLN County,State dt.Wyetriing: ins u ietide You must obteim insUrtincit:O on PrOpetty';siadurtng thisqYgreettietitthat la..:teeeene15.1y .:satiaf atdrY to Us. .!/t)u may' n Inauranco, property i through any:•.company of your elioicO•inevis iwa have the siptien..Of any ;In ce,reqUfre:d urlderthis. AtifriOtoOnt Ihr 9'40 or .1 policy independently and ipid0 foT by you, subJeot to our rig f r reaS ritible cause; bo (Ora ...credit is extended; to:deolina any IPPOtenba,...Pidyided ht. you pubjectto appllcnble has, if 'yott bronco aii tp as required in the,.Mertgage,.. we May.PUtehaialnatirarietAb.,protadt our awn interest, add ,thalireiiiltitri to YOt4‘.1)talifira .0,jti. y other remedied ariallable.tb us, �r do any Orio',Ortoore30.Xhesa,thrggsk, To 00ft e aving s. g r:Spnld ..'other accour1), Irtoligiln9.withoutAtilfrectionefoll AccOyijigNokrtayi.opeinli.thtfifUturei Howayeti. h a oes. notInludebny •113A. or Kebgh accounts, cr diw:trO.t,:a40.11.011fO.r...i'tti)1161414.10.11-*91.00.10.'gr91.ilYN-0::*110; Y'93A,13•91hOrlier.:00., to the extent,:perrnitted by applicable law, to Lodi NO: 764004840; C DITAGA m t ANI) 3t%9 'Fag .cilarge.:Oraeteff all atifne Thving orttfils-„Agteethent..e iihit''Oltirtill-etibh•edObefs,,.4 :freeze all such riccotirits:ia us to protect chargoend.setciffrlithis:profilderkIrt,thie:eategranh, Periodie .1f you„:haye p balane owing an yotr Credit t4ne Acount t haye any itOtbitIli-ittiVitY):•We.-,--Yilli.-Aend-iytiu A netiodici 'Statement, It will Sheik, among Other thinga„ credit 'adVenddii.'01NANCR-c14AFtetPt. .athar. .oharges; payments credits your "Pretilous and :your 'New -Balance.! will kifoify the MinimpirePaYrritint you must make ft*.that billing end thallatelt due Y)/fiemPlICIANCE•CHARVES Begin to Accrue Periodic FINANtE:':01 Line Will begin 1 the dato•Credit to •YOUrefeclit One, Theft i aino-;" gee- r(Wpiiiiiel" Whleft•Whtild'ellelkYon't6-:eVald-e;FINANCE'CHARCE your Credit Lirie:credit ithhirtees:‘ Method 'Used tc Determine :on .Whiaff,tha: MANCE:, CRARGR*Will Re-Iclfneitted, )daily FIN4NCE on :ell &Olt AdVences,nada,:uridery.ourCredit:Lifielrepbeed froin'.the',datetif each;:tradiffatltiarice-..heeeti on the -"daily. To:get daily halante; wi:take,...The•bePinningl yourgroditOna :Account A a oitlAVeciclany adVaP an OPP :d subtract any payments:piveredita and any ,anpalcl:PinpOrcEsci100g This:gives' us'..tffsg.!.deily•balatleetl': Mathed:vi'Determlning Anirittnt AnY:F.11)PliNC.R.t.I4ARdE lsocriiterittried:brapplYing:the. described, herein, Then we add together the pariedlOt for'..-eactr• day OY.Oles, 11 FANilt4p. CliARCF. calcUltited;by'applying•A- Pelledie:Rate. You alto •aome to pay FINANCE'ClIAR ER; not a alctilated:13y•-apPlY.IPT•••92.-Pe'iigrfi.-130Pi-,PA-;Aetlfortn.,baiovy-) Nliniinuni:FINANQE•.C1 lor.611V:e90.nti of the Cfedtt Liria blanee In lutt YoUnribylitive CHARCE: of 8-30'.•00.. This •fee be: ChargeThirs-frilltimis:-AtAcOauritteening, Ad Finente. charges.. ThaffollOWIng:edtlitIOnel -FINANCFMF1/811U5S4.vill eherga.00410Or Line.'or2 peidirrOaSh: Loan OriVinetteit• Foe ($t e 5II• Financed P.eriodlo• Fhitil. and Cerreeporidirig) A N NOAl2PERC5NT.A'Gt- 'The PeilifldlO ihef Oates pondingANNUAL• PERCENTAGE RATE'dn.yo ur Credit LIne are based upon-An:ANNUAL PERCONIAd5illATR TO determine The Panoclio•flate that will applyle:_ydur accaqrtt we then •-diVide. the 014a,..tif.:fth!3i iri.140stf. •Iy.1 pit4Or Pt :.001a In ,e:.•year (dally)„ ,Olyteln2:the....ANNLIA).• PERCEN RATg*o4maiiiniYind Rtite This"reatiltzla the:ANNUAL- PERCENTAGE RATE, The A NNUAL•PER ENTA GE RATE ticres:.not )ncluda Than:interest, eittliatei:feethePifsf PaYntentStreant Flano Balance. Fixed Intel ANNUA•PFRO5NTAUE, Daily Periodin or: ConditiOns- •Rate RA Alt 7. 7 7-;1.5(1 co 442133* Notwithstanding any ;other proviiion of :this Agreamenti Rot tharga :In:Kest on any uncllebursoil loan. prociiia4.i.. may be parmitio:d4uring any Riiiht.,6fRidtisslOirpariad.• 'ConOitionse Undor WhIch:-.6thertharg es May Ifie Ithpbsed. YOU Agree-to pliy otIteirrfeSs'afirkeharges related .triN•ot Credit Lineas•set :forth blow'' Annual:Fee. -A nonrefundable •AnnUal Fee -Of •S56:004(1126exhilfgedio4Ourtradlt-Lina;at PaYment"of .1t.;y9a*OOT to .01iargq:yoprP aoit ...una;:?Accourg. io:gay v.ft01your:troclit Line (such• .Thiolitsurance Pieriiitints,..Apprelailleeiredif.reportfeeii•if(d'reobidirig4ferfalothe bitafafthea(t Ofitifges.**ii0:(0:ftiffeated:lts !closing costs" on.yeur•firetpellodic :statement. Late .Cliarga, YOuripayrriark be ia:.n'ot;ea 1.0.;*y#:,10ft:O.111.0;::rpayltpplt...040,:patee4 lioWn .yourparlqc11.% statenlent;':If your Paymeptle naw.oharge., you .5,000:56; Ofibillil:ifintitiibttheiiiitynient Or 10300, 513 auritY' I ritereat. Charges; yijfj) to. 4:.0110 IO"Ycl Pt- Otetlft.tine ae:Setiorth below; Ile Fees 0.0•P;09 Title•InaurahOO Total '4-531,00' G. 7 550 Lendat'altights: Under thia *tannin a don pm:I.:Acceleration We cart ferminate• yopr.Cretlit 4.:The.Actotint end, re gni 4404 tomay OSthei.erifire -outstanding balance in one paynient,.end charge y0t, certain facia, I f any of gi hapoem: 41) '2Yowoornrolt,flayd or make a Materiel iriirep reidniation at any thnetn •connection with.4this'•::Credit::.Agrearnent,..lhis..-Pamtholttie,:-,'fOr,:elt(itpOIS,..a,felSC:SteterneinVOLlout- your income asstsp liabill (les. or any Other iespects.;of linanclalf.qUnclition (2) 'YOu do. the tiriaiiiiient teinik•Of Ifiii,,Pritliti;APreeii1Ont.. (3) YpUi or inaction-adversely:affects' the collateral "fottwoitn:or: ildr.14.,J0.,the,;.eireterph: T(114.9v-inCitlei•for•example,•failiiaia,rrisii)telo:r.ratiurfa4 insurance, waste of dostruaVe use of-the,t1Y4111r4 lailtilitepetif*aei,deatIt'oNilpfite64)iat)re 011 peoglin; transfer of title Of the d w elling,.. re ation.. of a senior. lien on the cltAidiling..withOut otfr;p6YrnieelOk.fotatinsure bl'ilii.libltler Of another 'Ilan, or the Of 2 Jurida'nritie:dWelling -.Susperislory or .ReductiOn.„ In additiOn: to. other rirtnw.caie hatrei.'wir,Oan4USIgifitriidditle.hal extensions Of credit:br reduce your Credit Limit duriftg any'pOiloOln:Whiefrenteftne-f011oWing:erel(l.l'ffectl' 6) The -velerrof your property decIllies holOW: the peripertylkaPPralted •vell.(et:'fitf'fitlrPctee)of-.01sf:: Crotift. 1:1ne Acount .io.. This (Pellicles, for ecentple,,:p:deciine suth ..11)attl*Initlel clIfferepee betweert.theCiellitillii1V.aild thelliVailebleiOoalty Is tiirtiteeti'liy:y.fiftY a niPmaylnPlude a Amalie? ilo (2) W. reasonably Oolieve. you t, .41 be unable. to .fiiifill.W.cia'pirenittit'otilicjiiiiiih5:1400.vtiur. Cietilt'Llitie r!;:Ocourit :cfien al() VOW fina'n441- Orcueinco. 0) You are in dafaUlt under anr..MateriarobltOtloriestrtlita,CritlIttliikAnatiunt, we .01.gioere)i:OffloOrtibrigetionv,tos:b.e: materiel. Ca tegorlee of 'Material :0OligtiOna nelude the eYerits3deacilberffebove;under'TenrillifitiOn•lintl'ACteltitatiOn? •enligetiens to pay fees. end .Oharges, OblipatIOns:q:siid. 111P1WI0nS or-the rspelp.t;),,Pf..:credIvI(Oappes; )4(lostlope).ponoartilogi;:rnaintenanott or use the property Or proPeeds)-obliOetions to pay end-pei:fPrrit'llie.:titrritS?of:eny..Ottlet;:ciati3Ot bust; inaf.tdags'.0.11000;'.ofthq„pkipatty,;,:ptillga notify us and 14'.:aravickt:110camil4 or lnlonria0p .10 44'4401::114.,LirtORdIfintopial InfOrrtleillinfi obfroliti§ris A(3 Odentill,t2witliltpeficablelaWA zoriinj.:reStriOticirial,.;tind OblIgatIont Of erW.'cornaker. ••rgitiofiluji,wlirocpur until;we MAIL or delltrer :a•potiei; default to you so-. you can raatofe your right to' cre!Jit oiiyanoiai (41 We 'ri re AirePlua of by': oy.errirtiett tI)OtiOn from litipPSin3?.01CANNP4L'RgE3P 1 4TA GETA T prOiodeti.for'undif.thia:•Agreement. (5) The priority. of our a ecuiltYlntarest la atiVarably:- :iffebtedlii,..gOVeriltrient:',OctiOn4O the extent that the value of -the:::,aoduilty-intere t Is Change. We May-Thake-,ehapgee.104e.;:terme.oflit.*.A.cireentapt:#,you.,f4toii.itiilhehPO:iii'.Siiiiilliiii.evihrit.tilit ;i lesithan ,ar litindted :t),Ye air percent:112p 701 af:thgCre44 pinitt e.'. 16) 'We' have been notified' hy-griVeritriiental:autherithattPritliAtediethianbeaThay.. conatituteirt„uneatrnand:uneourel-bueine .releting.tOour data propessing,systems), fifilttA 4/Aigt, If we hire TKOS, y4111 uribOiliVocally beheflt throughout the reniainder Of yOUrl•Credlt Line •AecOtintc op The OhAnge: la:Irtalgtekdit; CelleOfiew"Coste... :',::an atlornoy... to anfotce thle„AgreeraeOt, you gree to per. coa ts Afif :enfdaernanv tear iteotion This includes subject to :anY•lirnits. under :eppllaahle'2WyOniitig104•otte„reatenabWatterneys' -feee:endlogel.!.expansea; whether or .not There Is a lowstiit, Anclud.ing witlioutilniltatIon,:-.al reasonable attorneys' fees trielediii..exoeffeie,* •bant(rUptoy Preeeterffrigs lincludlitO efforts to rribdifY or yeeete„etWebtornatic--,Atai!Oi-Thltinetionlc a If not by-.apOlIcaialelewoou also will pay •an',' eourt costs; In a a filart ta.altothar sums. provided inilOw: Delay :lifeifeicernailt. We May delay op wory coo:o!..onforoato opt ,;It: faawof,ourfilohwuniiar,info,149eoeiniat',WilhOutiloSing,that- ri6m.:or.ii*.cithb'r right if we delay or-Wohici.,any::of.ot.le eipta,.vie,filar AnfoNe nght..4t any :tlitriatierthesfuture")without advance notice For ettample, not terminating :your -a c count;Th r nOnlieyment,Y1111Ootlia:4:YialtiertfOUKilgtit!itiiletitilttete)Y.Ourli.70Ootint)i&the.:tUtute.;.11Nt4tiaye;notsvpaitl, ,-,....,......e,:::... )..,-,-t,..... 1 f' 'on. r's a ni at 0 ivi ir HAM. Alt wArlit RCIWIFIMIA A ircifer•thimAtrreemerit. vou•-must notify us, ::Cesnlie cancellation, your Lo4;. 764004840 oblig a tfons .unciarthie'Agreement .W111. r,pn f011:1P.r4eTailli'fiffeot.(dif31-ifofiblhiti.rielit:flkelOrrribtifi AgfeOrit: Pro Yu MAY, prappY:alf or •any arneuritowing:unOerfhis.ciadiVI41nerat trra[a. W.thoUt penalty eXeepr we will be entitled tcirecetve the 'Minimum OltgAtkicE••:QHAIIGi$; •io iedehle;44CiieeibilrifANANcV.CHAHOSI- or other .:Ctieidei .1f arty PayMigniv'in excaps;.:Of yoUr .Minantini;p.gyffient•WiltliolIalleve:yoleotyoLii'obl otion:io n intlelo ..yoU• in rntrmAymerdsi naieg f oy .reduce Alia' grincipof bartindet,Owed on.:they Y-014 abr 0 eey.not w •payments. ritrai*Otr .iie: Siniiiitr longoaget. if Itoti i tic h 11 piiIiiiiq,,..i.‘kii •Pay..a.fty 'hirkt*..arndialt '0Weiif to Iiii iAli ',Writtaft:Xdriiiiiunfcirilatle eencei •diepuldif i thack or :other payment instrument that Indicatesi ognatitptespayragrit in filli"-: of the Arrctint ,c •with other 00ntlitiOlis or iimitstions•or.os,fulr.satisfootion..Of"Er.clis 10,•,AlpIne. Wy 8.31' 'tti. Notices: Alfnoti cos'. will besent to,your.oridreeetls:•shown:InithietAOrrkornent, .RO.tioot-Yirill' ho; thOlferiftoiyOu:st address' If you'Ohie ue Written:iiriia of 4i•cliffefent-Address: 'Yeti:Agree. tiledviie...its13rOlii •,Annuat Review- Yetcagree• that..yov will .prov.icle' li::gu.rrent,finanelal... .al;ria.W. :0044 apg.110.0cinc or. tv:th,!,pnriuglist, on :forrris provided by us;;; Based upon this ififorinaiitin,We anclanfli.lartgifeWt:•0N0i':Qierilf;iiinti.l You '.1ilitf:figiee croolt reports o'r yoti.:efAn'y.;:tiniep at our sOfecOptiVii eicpenarOtir any.'4:eilapilifinejUdingfbi.d to iiisterminlimw4ettlet there has been oivirciverseechange ih.your,linaociat.condition:•.Vel.mey regqirea'neW:•:appoilael:of::theMrpper at any dine, including an,Intarrial 1111110010n., ot Or. t0.14 46AAirei100, :Y01 09t1i-000,:L4.,:tP;trelefit.t0:itifiriniOtiiin'•;4bOlit yittt fb:ithierfiOftiOs aadesecribed in'olir Orittaow.pbliSy...endout.06ireredit'Ffepottlii0'.A6rnotick.pitAitilifiNoiliiitrhdt'Optoui.Oflbitepiilieableq:blieyefor es .perniittetfylaw; Teens fer AsSigothent. Witiloyt.priPr• notIpa'pre'ppr.dyillfrdr.nypy; Wt.,raganigAtiei,.Iright-tril.e.allrar.tfeliglar-..yOUrpfadiMAACCaudt,4ind .0.Ur rights: and ObligetionS.,iirider this.,Agreefnent•td.aritherilehder•/;:•eritifV.dn:Peeteri,,i0dA.,/fetIlli,iiiiiiiig'fite litidiir Mortgage.-• Yelir4fgfits This Agreement belong to you onlr.end• r.nay.-nnt ba Your ehilirritiong, haweyeri Are binding 00 your and legal .representatlVes UpOnienri:SOety eelCorirenSferi. We will heVe-,Oftirthery.00igtitRirttaliiip§idi you 'With erealiiiid■etifiait'i tiVtO. perform atNit obligation under this. AgreOfnont. Tax Consequences. Yovurtclers.tand that:: nelther any of otot•emplOyeeror agenle rnelre•: werriltity..WhetScievor coi Of 'YOur:egfablisliing.and'Uallig•locir'Craillt Line; ifilticlingthe'idelikretibility.ggfiinfireafi finic. nor our employees or,agents• will be liable: in the event intermit on'your:Cfedit Una Is not deductlbfe., y:01....!;*ficzkilld consulticur,:own tax•?..edylsor:rfor :guidance...on thiksubjebt, NotlfrUsicif inaccuraie...Inforinetion`Wa•FiePerTo:Cillidirifiet; He'portingtAlandies Mine ribtifyi.tivif m e.repott ensYilsOci,treleiriferination iabout your account(S) to '0 reporting ..egengy. your- i written notlop'•daseillilfig #iRI4P9011.g3rigdal4f.49Y-Clegi ;etleuls!...,1zv 11t•I;c::. et the logowing address: '.1 et Bank:11)01 Maiii Govoming'Law; this 'Agreement Wilf•ba-goveme rt.by.?tedergl lhe Inot.preetripied byle4oratlaw, theiaws of ...d WittiRtitro§arillo'IWOonfikt.S'of..leWlieoViOrrin4 Ihig•iAgrfliitPllaftzt4•AkIfili:APOiltd.c.1.1AnllgOkttlt.q.,tate WyOmIng• Caption Headings .CaPtion:lie'atilhge'lrf•-this,IAgrearnerit are:fet Only eitcr.are.znofth!?be Interpr iir 'Or One the .proVialorie.:.of ihrs.'Agreement. IriteiPratatien:;Yali agree--?that•thiS,A§reeenerit,:•tO4Oilier'itilitiihe.Mittg:itb'ecletliet,.beAteNtltjen6.61:yoile.tit'rocinientst.'witii,u's, ...it.io...:go.,tu..tiourt fOr any reason we can use a oopy•;:.filmcirf,.pr eioction)o of Anrper)oOto:,...staterner* thia,'Agreerneritelthe::llitortgege..pr.Any-o'ther::.dppurneni-io prOve What you nweitie.Ortfiet 0tranSiOicin:hoi.ltikkif..0.10.. ThC.,40:Ost,;:riiiproilirriiri.ii.or,ofiohs:*.00.601.1imiile• wilt As tho..original, •Yeu,4fgree that eiCept yeitteri—stiew there le-,g, filfliii0tror,•Your. Oribit current pifincidict..ciatiMent Wine best .evidence cif.your obligatIon•toley. savorabillty. If a. coUft finde that:'arly.prcwielon of:Ithia,Agreiimantile.net,velld,C(ihetlid•rititlio.:eliforged,,thet faet.:by itself will not rest of this Agreement: will noCtle rellci•-.or Therefera, -a?.court.mill enforce.-the rest the.. of this .Agreemerit even If a provision of this Agreement may be found te be:Irlyalid.urunenferegOblie Acknowletimnenti .You -Understand: and agree.telhatetme.and cenditieria Ag remnant`, rt ■-/refOning',•thie..A0tee-rneflt.:,:-Vou ecknOwle'Ogefthdt. yOu hAve'reid this Agreement You .0$9 (fOknowleriftie.;.reoeigt Of p.00hlpletecl,Oop.r efinja:.Agfeernentinglufling-ttkle:Taff-CriclittlIIIKINOIce:.•end the ilit horriii eqUfty:line`...6t0edif :ierl.lil ieetiOn u re ,,lii addition :to• the Iferftllio6}§4htlikct.,IiNtitti:StOtf: etiOpla iciiioYitgibpOr.4.1ifirriit:.•Ecivity Lines ofCrorlit,." .divon with the, application. DAVID TRUW BORROWER: ACCEPTED: 1ST BANK ebb, Loan Officer Effectivel:Disbreserriont Date; 0./. C AGI4SEMSNT Arsir) bit s t. CREDIT AGREEMEW. :CHANGE TERMS AOREtlymivi sitz'Q• kti.: .ReferanOtieln;:tliWbaXeS do •noiliMitthevapPliesbIlityl9f hs 40atinentlit any Peetietile.10a6*.item: •Ahy.:.item'ebritte'ao,ntalning.'""' has Emen'Ornitfad'clueity: teittlength' ationS'. Orr° wet': DAVID Pit-MO< ESPERA4A MCNTOTAI-TRUAX po no.x 13$@ ALPINE, %/lir-85128 CREDIT LIMIT: $200,600 De§eription.or Eilsting•ndebtedness. LIMIT OF'S•19,466.4.8. •001po. AlPleiti,..,WY, 83123 DATE OFAGREEMENT: .06tober 200 °ROM: *116.4.00.404.b DAT.Ep :TOP RFT 297 WITH A CURRENT ,CREDIT Description:of Collateral. 76 SPRUCE:STREETe. ALPINE; WY 66128. Desciiption, of Change In ,Tairris. AS OF 'TODAY'S DATE WERE ARE INCREASING T17IE:CREDIT LIMIT S7,51652 ,FROM 4152,48348' TO S200 Introduction. Thie.:QaditAttreernantI'and.biSOIOstire-le tlj Cdt.LlnedhQe(4k/Une. Aadebrit")' •isSued through 1 st. Bank,. In 'iria Qaeh .aiid :eve riperson eigns s .Agroenleht,.-indlading..alt•ticirroWer$. named :Am/a: 'The we luii"'"•'•ourf Lend me TO 'Rank. Yoll•••egfea te rms and 'condltio nS;• 'Promise. to Pay. You promise to:: pay 'Ist 'Bank, or, ardor, the toter of ill aredltOrancee and' 1'fNANDE.C(1A130.p, ep 'cot and expenses fop :which: you are responsible under ;ible:.A■nr.eirpent Ctetlit LIne fYOul?v,1j1.paii yoUir Credit. Liner according to tfie Set fartR, belt*. If thete ia florethan pn orjower, eac1 laloiritlyinestiydallitaitio This ineina require. any BarrowerAmparall trackadvances%rnatitrto' any Illorrower Each Borrower authorizos :•any other Borrower on fila.Op her slgruntaa; and to do':all neceSSarY:.:to.dafry:bUt itia:•teiii*Oftitia iftp.Cati froafTesporiaigilitOndet.ifili•Agreament; and•thw others. will remain responsible. Term: Tfwterm. ofyour Ofedlt-1.1na: Will .begin ao f ttie date ef••threAvteement• 1. wilCooYitIfiLiCYntiL Maliaity•' betel... All IndebtedrieSS.:ondeethla.Agratinerit, it the payrniont below Will be due and payable :.0pon -maturity. The drew periolliofrur.tDrodit.L.Ine:wilt,bagla cri•aidate,,Aftepte.: Clete, When,•the Agreentent tsi.aghaliteci;:byus in IN State bf:IA/Yon1100",'fallaWint;I:jha:6tPiretiOn: of 'the:rigtitte'i:6411,0eivihir:Parfactidrioftfta alt tequired oertifiiates o noneancellailon, anct.thet Meeting of •alLmfl:OUit::Offier.ebnditioni and wfll conttnuo as fotiows 6 ¥eara Pelyrnatire.,•Will'be-i due the 60itt'clay• of mont Yog•MOY:•0tit11V•c194athtrincesOuriii01,thisigell,44.1!'.P.taWtOarlodl. Y'Ou::egrao .the•petied during WhIeh ntespobtaiir. Teneyi Or....e5t your Credit 'Line: Account. Your'"Regular• Faym.?htWl)l o q ua ttha arnouht4fy9ur u orjedFNA whiphever.is..greatep You will .1Flake. 59 of these PaYenents. You will the*ta.. reigiltdif :fb;•PitYitta.. in a sfngla..ballifitin paYrrient. If you maka only minimum payments', you...may:not;.repayieny:of principal this payment stream your payments will be due..menthly, Your '"MininatitY PaYmerit"Will 'theRegylaf peYriierif;•, 011..ikeriy•eindudirtitiCatidsilli In any event, if yourCrediNne balance :tails below 4 $05', yoy egtetito ..paY..y.our balance inJull. Yoti•tinree to-pay Tiot less:.:thanthe Mininiurn ,Pasitnent on CPbeforeithadue,tlet intliOted.on i 1. to w•,YOUT Payments A re• Applied. Unless -citbetailse 'agreed orlatibirallYzapplicable few, pec/rnerita.:end will bef.•eripled first to Finance Charges; then.•to' unpaid .pilrielpal; and thert.tplatac barges an:ri other.char 5 Receipt of Payments. All payments must bd.:Mader:11Y e.,ehaeR,• '40:edatit-dittlifi. •eleatr.Ohle. funde order or 0 trier ins uument In. U.S. dollars mustlia the.ramittanegr;addrees•ahoyiri dri statement ,PaYMenta:Teeehted at that address prier. to 301:1.pN1 MST ...be', any bualhesatjay wtlf.berGredtted;to your Credit.Lina as of the date received Ifwe payments ei.chherlocations; such payniants4111-be•treditedfirditiptiOd'Your Ct'adiVI2itia;',bUfCiadrting`-rney...ba:'deitiVeittlOPOO ta"11 klayiA01errecofpt, -Croilit.,Lithit. This Alrearriep t. coY.era a taYOIVIno' lina credit tomtit+. 0:telt:Jai' arnota4:::.of TWe'l-luridied. thausend t,Eii, obtf to Degaie 1 s. 200.,.00(00), whiokwill Llinle thla;Agreernertt, C.i.gring? DraWPartoik.w boner' yourrequest. fureredit .advances .sohject.to..tha:•SectIon 'below :OrtcLentleel.. Ri§lits., .You, may\bOrtoir against repay 7 ,0.0W.pOtti.on. Ot :lita and re-bodow up ie the arileont of 'the cr.ed4.;trri.0 your...cre0.1.1rnit40:41•4; mairintme::.arneer4 you may have .outstanding et any oneitime. Tau agree not to .ittompti,retlyest, or•Obtaiiva ereditsedYance taill:thayeyOgr Ceedit:ii-la::?:;eeoyrit.balancef.peceed.yettc.CradltiLirnk Your Credit Limitywill.pot.:be increased 's houlctyou:oyeraraw your Credit UnskAaebtint.....y yOU 4gfeeltftanaWitnMediatel9 tht amOdrit your credit LinC.AOCOYM,,iptceed your Oredlt.Dmit;-eyetylf we hove not yetItiillettlybil.. ativariCas:•in .axeaeS of your C Will notba,SedUred by tha•MortgaggeoYering.y9Yr PfinelPal.dwall14 Citernes:::tcit'itnur"Dredlt Line We may Cherga! pay'alher jaii•iiif. ots:IliatN,Ou Ofiliglit6tr tii''PAY:OFfOit:;thig:•mfeolhoht the Mortgage Orehy.....tithOr430rnent related to Year Cieclit;Ljpai Itvaddttian::.WaTrriey: atterge'yamr-0:eclifVne:;for funds i'quifedjor Cohttniatt insurance coverage *as described in'the;paragiapittitieelrsurarid.&,'WcitAt:01:*:,,400000 tivAti*..,Ntoi.i§a60 We may arsn at our optipn your CreOft...ljne;:to:•pay,:fany,00m or.epeoses AR protect ..or .perfiiqtiiiiitt*iciitliOntdiiiii:in your PiineineLihkielerg These Casio oi.,exPensealitelude;..althoitt'llnii.tatiOn;. pgyriievitilpi:eure4efegifei:imer:enyexiating;:ilens.,pm.yotirspOnSipal:dwiliftig, If you :do not pay yoyr property •Taxes.?v,te:' may charge your PEItiit 1.1160).entt:Fat Ofd,ttelikcitlehOfigo iw: ..orfori.t:*' .00044:15.i.;;yistr coOt tio advance eefriiwilr:c1W-040..Wcf(incia;,.ayailaimei.!ii an? findeb.;ffie::Credit,tine. HoWayer. we have no oblipeitibin:te'ptievide advanceS4'eferred Ickfri Dretlit: AtivenCeS. Alterilie:Effectitie.Disbursemeriebete:oritili5Agreettient,WOCTIrlaylOPtelOradiCateyeticee,Orider,stduTeredkLine,a0011ows: 'Telepliene'Regyait. Requesting :4: 0.?644.11,0OPPii!..f.(0111' your P004.1:1,19;0144:eeefleclIe.:.Y94!•'etgignated...account•*•.eeleofsene,.. Except for trarisections,..coyered by the. Ele6trOnIO-kifid Tieriefei*',Aat,etidtA'inISSS:.:OttiarW10 a4fattlilft•yout,:daysisit.A00.ount. agreement you cIniiiedge: do not.acceptresponsibiiity-forthextutlierrileityaf lelephimi and:Aat'w. for any los s.,aiptinse'i arty :telephone: rantieSt.;ITiclualtig• any d.telePhone. reguett, 'When ..eating uport..Si101instructions belletied.tblie:ganiliia. Requests By !Mail', 'Requesting art. mail. Requests. In Person. •Requeitin4:'a.•Credifidvenealitpaiien:at:shr6voYr'authetiied ibtatinnS.. It:therth'it More than one', parson authorized to use .ithis credit'::LineA you.:aotria not to give us •Corifliatin6 inetnietions, sitchlia..one Bee rowertelling'.ue not :give. adVeriCee tn. TrenSectien The fdllevuing*nseOffunlinitatione..t4111 aPplyia::•thit:dati .yoUrCretlit Liriet Telephone Recfuest, RectueaV6V.IVIeil..iind`..10:.-PaiSeryRittrest:Lintitatleria. -Thare.ara,iwtteriaaciloOlm.....iir4lene fonrecipesting imiacivaneb by telephone; Tequestinglan•adyance mail •orireqUit'ating art.ediencelit peTedn. LimitatiOn'.01 All.,:AcCOS:'•EfeviceS, You Tney..not ys'a:any...apeets••:daYite: Whittier described above or added ln fef.Teny. ifte0 or unlawful'AransactioM. arici`...Wemey decline to abihtiii4a any.:::trariattOtioh,tat we believe ose an, of illegelity or olawfOines.A. •NotMthatanding the we.may,cciettot.on-any;debVatiting,ditt'iefanyillegel bi2UnlhWftilifaseisV4Wn. •Fiitere. Ciedit:Line:$eriiieee, •Yek.w,aeplIdeflon..fer:lhia:OrtidltDne &Sy Aerves tecelye.an.yme.w;serviceOsuCh•es. obsess:devisee) which may be •ayailable,at'someiluttire time.,a:Orii.,:eVOUP.:tieryicea:;ifi eannliailon Credit ..ILial. .yrio yeldereteria.that.thia.Tanuestis and that yetTrnay,:refuse.:any these' now are •offered ■OU‘furthiiiiiiirideritand thif.ifre termi-;iiiid'ocrfdltion .Collaterat You acknoviledge.'tfirs..Agfeententls:ectired:hy: Xha.,f411hYitrig-,drillaterOttifioribild'iliqtie,a011ritSi,Inittithtantlfite.tftraretn: a Mbetgpbo. dated,...00ieber:9,:.7007,tp:Us*I.Teal'prOPertYfaeated: ih.:LINPOI gOtIfitVi:;'0 of.WYPITORCI.; I nsurencel Yi5U. mist Obfain'intilianOe;On'tbei:Pn:fbeffreetqfitiOrgeAgfeepentltietWeetIOnal?!$,:eallsfaetON'to L. Yed:May:Ohtairi::proPetty Ineurence'Ahroopli,anY company,Of-your Cheice:',thaisi-TelasonaiiIY.:.sifiSiasidf.y*Ut.•• Ytio:-.1i.ilYe,j.the eiftleff,OtgSeViding• any jnitire fire' iteti undar. ilia A§roernerit'.thtieugh an :.eidatirig/15Oliertira:pdircyjndeParldentlY 4154'lPPIMOr by...YouoattOractlto• :aur•rIghti lof,:re naie./.,1 r 'fia://..:1-" CREDIT AMEEIVIE AND =CLOS VRE:PHAUGEA :RIVIS:AQREEIVIENT Loan 'No: 764004840 (010tittged) Pale 2 vs e'b.Of.bre.breilit,is..exterilied; to declinti.anY:ine..bibriae 50ii,jeobto:' Ili required in the Moffgage;:•we.,,may the •Preinturtlb pursue any other remadiers.•aveilablejci us, Or•do Orfe' inOrkof•tfiese:things: Iiight•Of 5ete Tirthe .extent permitted .brapplierible few, wcreseryeljight.ofiSetofr in..1411 WitkiialWbethereheeklrig,',Savirigs orserwoitier aocount),,inolticling.Withritit.lireitatidn,0aCOotsitsyOUltieOpellier•the However thle 10 Kocigh accotinte., or .any trust accounts for:Which:setoff woUld:.be...prohileited.hy law.. 'Ym,:etitborIze up,: pprrn(itOrlw'eprilititible aw to charge Or aetoff..411 'sums owing on 'this .P nd 5t our optlon to mtntsiratively frseza, all such eccounts'to•allow -us to protect ourchargeandaSiciff iight.s.prOVIded,fri thISPOragrepti. Peribilic....Statemerits. If you have a.:balance awing on ycur Credlt Lte Account or h ave. any account aottvity e wifl Send you a 0010 statement, It will •tilow, :among othsr thlngs ctedtt advencee.,:firM00 :cliafges, payments Made; ether CMOS:, your Previous palance,". and yobt'''NeW Palen*" Your staternentelto. Via:IC(60Y tbe.Minimtirn Payment you must make for thaV.billing perlbd. and the:dateIt When FINANCE CHAtiGES" Aecfifff. 44Varidei`s:": W106 vour Qredit Une wJlI begin to..adOrbe on et he. dirt e breditedvarideS are pristad to your Lige there iso-"fratiidel.,periad"whlehwoUtd on your Crodi t. Line:credit advanc4 'Madied..USed'td.:Detbrinigelher..Beferiee ok.Whieh: A diiiialkAOCE.61-IATOEf,w.ill:bff:frnposed.on:pil credit advances made. under .your.Dredit:LiWimposect,from.AhertlatO[ereach,Ofeclt,adyfitics,:based':brif.;the' "deify beleriecr method.. 74 the daily balance,:we„,take the!.beginning::baletide*yapr'.croOltOe:•p#ItAidi4i0iideY,:,adif;40.,neW arbregeea::and aUbttacteny,PayMents: or credits. 'and .anY unpaid FINANCE'.CHAFGE5, Method of Datermining FINANCE'CI4AR66,,,,AWFINANCE:CHAR6k1S,rdtftertniried.by SpOlilinglhe:"Pbriedie.8ete":tO.,.:thChelence described :herein.. Than We add together the•peribdiO'fINANCE:CHARdES each day in the btttlng eYble, 'ThIsds your FINANCE CtiARDE. calbulated by applying a Periodic 'Rate. you..also..agreet$ FINANQECHAR6 ES,: not,talculated applying Perfcidifte....,zir.S *1i f (:)ftff. 6 OOIN I Minimum FINANCE CHAtidE. im any eyont includfng,paymeptbfrthe,:,Credit.14inebelence.•,,Irr•fUly, you-Frey-have pay a Minimum' FINANCE: CHARGE of 130.00, Thrs!fee will be charged as fbtiows At AccOUnbSpening, Periodic PI ate and Cdrieapenclitig ANNUAL PERCENTAGE MATE: •Ther.14iiileidib.:Bate:and the Or:WOpending ;A N NUAL.PERCENTA GEFfpiTE:on:yes.if Credit Line are based upon an ANNUAL PERCENTAGE RATE ot To detagninaIhs.PeriodicRatO"thet. Will •Orij,j..to your sacdiint we then the vailia of the inteMs rate by th numbar of days itt e year (daily) To obain the AfiNg PERCENTAGE .RATE itiplitthe'Periodic by Vie nuabor ol days In a Yal This eestilt is ..itie.ANNUAL:kii DENTAdE RATE The ANNUAL PEFICENTAGEilATE:doeserotinclude'coste:::other 'Range of• Balance or Conditions Alt Balances duritintficitaslOrthe First Paynient:gteatin Fixed lertereab •ANNUAL.PERCENTADE Rate. RT 7..750 DON:Periodic Rate ffiii Zs* Notwithstanding any other provision pf will not,chierge' Interest •onarty uncilibursea loan proeeeds., -except as may. bcr. perinitted.,during any 'Right of liesdIssicin Period, Conditions Which Other.Charges:May.50,Imposed, :Y.`ou.egree,to,payalf.the.othee:feeS,and chef?" es .related fri.yelirCiedik Line..ao below: Annual Fee. A nonrefundable AnntralfearotS50:00'wilf beletiargbritONOUrerkilitutivathb-fetIOWIng'ffme: •AeintiallYr LateChatge. Your pi:Nit:lent Will*latejf;it IS notr0;ervetr fnytA*Twiihjrild::ciays after he.' trarbete".'shown on your —periodic tatainent. it Your 'paytnent.isdate We:MaY: charge YciO5,600(Yreot the. unPald airicutiti�fiNiliayinentriblICOCL WhiheverleAreater. Lender ;S: Rights.. w e TermbiatiOn and. Ad a ere ratibn, We tan. Of Cre.dif Lifid..401644Int.0110400ift yoqtrilreit us ItheartOre ,Pilts,tatuffog. be fa obit: 1 n payment, and charge.you certain::faes the'fbitowlng.happenb (1) .ydtkdoOli ift.iraliid:crfriakaftrieterratra1Seepreecint i ctio rt „ater n i Altrialn connection with:this...Cia$A9rSOrnerit,. Rils...;,b.0:1004,,,fdr :4011101eA.X00::statornent.,about.yourincome;..esseits., frabilities,..or any other .aspects of,YoUr fieren4ial.:Condifien: la Y46 ai;i t.hifebayrdatit t:errnS,;bf"thIS•i:Dr.iir.diy:Agesarnent. .(3) Your action or 'Ina dti Orr adversely.' affects thecollateralioethe plan or ourtightaln 0 .cOliateraL thrt friclUdes,,frfeagaiiiPle failure' to ini iiintaie:req uieod histirence,..WaSta..or.:'destruetlYe•Use....of the.dWellirig,failure'stcr',pay.:10x4.destft.pf• a 11 ;oh :the acount, tranafte.of..title or sale of the dwelling, creation of a:senior Ilan on.Aher-ifweltikl'wlihobt.:ofr...pefiniesiem,foreelifeute 1.*;ih'a,l'icilder cif, another lien onthe:..use of funds Or the (Welling forprehibited.purposes:. Stispensicin or .Reduction.- .10.. V.:any other fight we..,rney luAce„ Woctin,,susperio;-,:poditIonat.e>stenslons of credit or reduce your 'Credit Umit during any period InwhiCh.any Of: the. folloWingireirvelfett (1) The..yalUe of:N6tiiP'1:QFlOitY:.deblige.0..Sigpifi.cantirb, eloWithepMflY'S: sPPrOlOviltue'..fi?r. purposes ofthfs•Credit One •Accotirle: this ...includes; for exemple;:a.decline.such..thatthe'.inlbaVdiffeterioifebetWeekthe',OredilLliniti::00 the.t'sliallablCequhris.).Ouc90 by iittY and may inchide. Er:smeller:decline depending on ibelndiVidualidlicumatances (2) We reasonabli'belfeve thatVeiu will litiiiiiabiCt9,fulf111..vomPfiOythent Obligations 'under your Credit bine. Account due a: material Ohange in yourlinan0aLcircumstandes, L consld rya! ob rge ions to: be:ma enal, d .Y.du arelb aiiit under anY,.. rrieterfar ObligatIonaOfIh.a cc t: ofyour tncri Categories of materietrobligailboe inartideihe events....deebribbtLialgic(erundet.q.ernilhatioi,...ind.,Aopito,mion,;•,dbilgations t0 pay•fees4an charges; ObligatiOnarand litnitatforts 'on ..the receipt of Cradit.-ailitandeS, Obligationi::,,OOPOrilining...inaliitertienCe: or USt.„.0: peopoily or procepdS, .obligatiOne, 0 pay 4t1c1: of,any othar,deed•of,truti,:r.eortgago.orlease,;:ofi.ifie property,....ObtigaildhstOrrrietify.-Us 'ond to provide docurgents.or infbririallon ter7i.ie tsbeh...eVupdetaikfibatitial..-.infotinetiO)%,idbitgiStiOrta.';to-contrilY-yrith';:appllocible.:-,laws (such as zithing 'restriations),..and obligations' ciVany,comeker. crecLit. Until we mali or deriver a notioS of default to you 50 you an restore yOur right:tie oredlt ad vance sr (4) We ,are precluded by.,government.adifon train impoeitig:Vie•ANNUAL...PERC.E.OTAJA;BATE:Orlfr‘ilded'foriinder thitAgreerria ht. (5) The: prieritY of 'OuracciSity.,,intereetis edverselyreffeeted..by,goyerrirnerit:actIon to:the:extent:Mot the value ar the security •Intorest..is less. than One hundred twerifyperbeeit (120%)..oftlitilfCrerlit,L)eritt. (6) We have been notified oy,Oay.eirrnOn4):pitiotiy thab,continuecf;:adyan.ces...may.tenstitiute. an: unsafe and .unsound brislnde change in ferm5 Wo MaylitekeclianfleP that time„Ilthe,:enange unequiyocally.beriefiti.Yotelhroughout:therrernainderof:yoUr Credit Liriejkdatifiritp.brilf"trie •6$.clitOge feletirrOb ourifata Preeeesing swii Collection Costs. 1 we. hire..en attorney te el:lorets, thlSrAgeednie)it,.'yoLOgeeCtcripay:'.c:iasts•::of':'.erifbr'p.e.rtrentbrg boliectlo.n. tills inoludes, tcr';'O ifITIi?S ruPder...oppflOObie7Wirogiing law, our reaiOnaLifeiettorneV fees and;legill!ilAieffeba. Whether:or.. not .there Ii "..p laWsfiii,-.1ricidding Y,,Ithot'fi.,:finifatOn...elllirePPOliiO3tg ii(isli fees enti'.:3egai expans ..for bankruptcy,- proceedirigec (including :.efforts to modify, sta :If .nbt'pronitiited trirePPlicebie:few,.yqt.i.009'...v/111, pay anrcourt costs,.In additione ,all,dthersUms;proVided'by taw, D el i'l yOn. Erilore ement. WO .may:cle10•Oi.WeiYer.the.,:infOrceni,erit..Of any of'..,our,righWunder this:Agreement:without losing that right or any other right If we delay' or waive any of our rights we may 'eliforee'Ahat right ..-at .ariy:finIe.16' tha.fiittire...iwitheue.advenee.;notice. .FORcxamOlo not terminating your accountifor nowpayment.Will.not ha.,a weiverotourriglit:to tergrinateleur eccotintin tbe..firitire if you have not paid. 'Oencelletton by you. I 1 you .cancel :yens. right, to.. atIV.OrtOs gfictOr: t1 You. must riet,ifY us r Drisplte..ca.ncellation, your obligations, underthis .Agreement :will remain ImftilLforce;ancreffedturqou have,Paid .tli,a1Panicithts this Agreernert. PrePayrnerit: Ydr.rmay,,prepayalhOr iin,Y.'.erildt:HifiiWilig..ohttoe..thriprott.wrio:.tipap:storse:,ed.v.9.vitaMilbl; 4 tie entitted`t0 i ..rdc5iv9 Atm. ;MInIrnurn. FINANCE CHAiIPES as Stated :abovkl..gind fo.regOlVe lit aecrtiii0;,fiNfAcE:.'CHARG.ES;,...:ari&.:(t,tiar ....6ii01401. .if .atiY.: '.P.eyerlerlis.;i,n1 eNpsS:bfwoUrsn;linitiliiih Payment will 6PTreilei,eyol4r9.tNpup!,obIrgetlbrvtreogrqloyp*yrotEpliyourVir.iienprnT'aymeriIp Instaid'„iheY.w111...reduc'e. the oWed'bn"tha Credli tg •401it repossev, langtage 11 you. send such. afpaymerrt•,::we triiil'accept *ithdiiiitddfoisq.br,b4r tem .0b119.03 CREDIT •GREEME ANti,:otp 3E CHANG E IN PAO: AbrkttMEN't Loa ri No 7 pay: any...flirther arodunt owed "to P•11:'we1 commonications4...conoerrifnCdfap;(90 Ornountal 1 00 1 Clifing. alf‘Citi*ck.....or.othet paYmblit Instrument.thatindiCateS that the payirfkWcO'nlligtOs paymnf itt fUlt ot tha amourt wd Or that Is Witty:other conditions or IimItotion i:OS:.f bit sailt.fiatidri Of a disputedam�unt mUst' bo malled or cfailvered to 1s snk AIpIne 79 High Way "ffP; Rici.;.BOic:1 0 A W't r.f3 Noticcs AlI ntioe will bo sinrtoypu?address as slwwn h this Agrament &tat Wilt 150' maikd ',:to:;YOu at 5 different .adcfress if yov glyel ys wrufl itOticO adifferenvaddross. YOU.:a9'ree lop .charfge yourn1allipmeddieds:. Annual IreYiew, Y. -fiSiTiPf yoU:wiltrfroVide:..1* With a ourant statemar)t p tew dredk;iitipiitifien both annuegy; on forms provided :bY,Ua.. Based prfoltthie information 'We.Willseonduct..Warihtfril; review of your 'Creditctine.:Account. '1 creditteports,on you..at siur antU:expenajytor..:anyrtgaqor,?In'altitang Qit hot Itmited to tiototmitirtg::wliathae:thOre has been.en,adyerse oilanqe....iri'your We may reciuire'erieW,•enoteriel.4#16V.PigWeitY..0100tetires YOUi. any tiene; nelucting an ihtetiiii:InsObilen, 'if our sole optiori and expense Y.r.r."14tither,ize.ue td.releaselliernigleryebobt•:yowto third pardes'..ge. described I .our.'privacy poilcy.end our Feir:Crecilt Ileporting'Act rgitiCe;. grnvidist'yOutitkrlotnp.totitietthe:, 1 051* :0040.1ttiid by 14W. Transfer or :AaaignMeht, prior notioa,Or gpWAVAI frorriYelf, Ve:;resenie the riiitte tell or itransfer your Cfydit Line...Account end our rightC a rid.';aliilga dons tinder ahis.•Agreement to nether .lender;:. entIts6 oupersortiend;:;t5egge rIgfls tinder :zhe:: Mortgage:. Your ri ghts. under this,Agfeement. you ony and may ho be transferfed r ASSI§Ped: 'YUtr'ObligatIcifia.,.1J0We3i.er,-,erCbliiilfrigl:CM:yetir:hefra lege! repregebtetivei. Upon any such :gale or trinerer;.‘Vve.:Wifl.beVe Afrtheffebligettrin fopeeform.eny other obligation under:thisAgreement. Tg..t:..Coheerveribes., You uhrigrsterIcHtrat higitherWO„ hdr.ehY.;:bt.:bur,:entp.ro rebreeentetioncirmarrenty,.whattoever cOncerning:the laic coriaaucienCea of your establishing ,and..aing..yobrOedit•Wgb thet.:..beitherWO no our .cmployeecor egents.wilrbes114;le.:Irlhe.::eVent.Interget•;.:Onlbbr.:Oredit,Wne Is n ot Ati.gbetild: teir4dVientler WAdenctebilthie'.eubjeci, Noti Us. oilnaccurate, Information Ntiirr jib .Pogprnor RppartirwAgpnOTo;, ;Ope..e6notify.Ne:Ifwe.reyort.'errOnepourate:informatiort'ebout Your irleourit(WW:a Cdrisbnidr reporting ag YOUr:virttterin§tidel:rdeidribirgqhi:';sgedifiolneidlicidillegrehould W.-sant:IP: us at the foltoWirig...address: ist..Bank Street Evarlitoi(W G oyorning :Law.. Tiffs. Agreementwill .60. ferlgrellaw1aggtiOSWelb:-.43304,Id,ber5egent.notpreeingtefttiy.fedeteriew,.the laws. of :tho.5.1Plo.of.VVyorriinj.WithOtit.rdEreed•16.1ie:confitotrit'laWleovigitirter.. Ti'de green's ni.:his.be en. adcepted It ,y..usi 6 'die:Siete' of 1a/yoffilifg. "Caption paptioTheadinga irr.,thilAgfeement. conyanience" 'Oa usect:To intorprotor The. .o'rovieroris :di' thie.Agreeritent.• Interpretation,. You agree tt■at:.this•iAgreenient.,.tot?ether,,wittl:the,Martgagata4be.pest,:e■ii4onee..of:yoor agreements .wit.h us. if we go ;to 'court for any reason i we cart,...io.O,:p.:ropPii,111rOricf:*'OlppfrOpi4,.04PV;.10riPcfCstrifefilelifcihiAbrOOrpof1, Oricr ofhili. to prove whet yol:f or thai...e'crahsacitlaii.baeir:fekerugia The...ebgy; iweix0YrriV.r.bleiti.0Cfrei,..cf4f$0(01-.1'alElbeiNtIl.b)fVetlieAairro validity as the. #(.11final. You-egree that.: except to the gt*ente :ebew.i,,therei.je g :tiWing your :meat current periodic statementia the best ev1gence.ef y'our to;iie Sevcrebility, It a court finds that any .provitiOn.Of this Agreement ts'nOtiValld:Crishairct not Be :entercsed•tliat tact by Melt Will iibtrrieen'Ahetthe twit of thie:Agteerrient hrit'lge...vOldi'or';oriforeed.. Ther'efore',...a enforce the teat Otfilas:proyiSions.; of Ihis if :a proviSien this Agreernenttrigy:be found to.:IdejiiVeltd.tir imenfergegble, greitirtuint V4Pdity. ..Except.es...]epresslY.Changed,by thlerAgreernentitheorme.orthe -orl)nerobligetion.or.o.bggetione, friClUdifiL all .agreenients aviderieed or s ecuring the yrernairi,tiriChariged a fiCirr: iciff: force and'..effeCt...COriaant bYe''•ua'tof ihis.'Rtgreemeradooss•not Waive'. 911r rightIp strict performance •of the obligation (s) as 'changed nor obligate Sic to.incie-.any.fi'iftkii torriis, No thirkp 1rr it hls .Agie erpept will cone gture a satisfac tion of the .abligatiOn(sl s it re .the intention :of '.us..te retain lis parties m akors and ,endo(sers of the .-original obligatiOn(s), including v-cOcel1nlOdiftfon parties 'UPlaaa.-a party is 4prgesfy relgesed by ug..in :writing •Any rneKer or endorser, including' accommodation.makersi will: nOtltirrreleaseel.by-virrWreCtItie.,,Vreetliblit V aiiy:beredrr4ihd;:eigried'Ihec:bdWngl;n11116atiOn;dbee_netgrgn Pls._ Abrebrn below; then zalliparsoria'aigning'beloW.aoknowledge titit ponditiona ily based on the representation to'.40:thiit the non'-gigninb party consents to :t..rie•oharigeg.en0,,gfrovigicihe of ihigiEAgilieWett.t#:billgrWiei'rvy1).riot..be.retggsetiby.0. TWe.weluer..applibe,noY only try.ariii Infileatengio.n.,:nuiCaficatIon.or relaase, tudritibeeiguAteCtient.. AdknoWledgiterit. You gridOrgtend:and'egreeltcfrthe.ternte:ancl:ibenditlensfw :th 3y:fsi9n1119.1tits,Apregrnenq■iotifa6kiio,M640..ihti you have read this.Agree ment. ACCEPTED: 1ST' ANK By: Doretta Wilbb, Loan 0 fic r FCAVA A:J.RUA Pbge.3 4 RECORDATION REQUESTED BY: 1st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine. WY 83128 WHEN RECORDED MAIL TO: 1st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 SEND TAX NOTICES TO: 1st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 RECEIVED 10 /17/2007 at 12 :58.PM RECEIVING it 934137 BOOK: 675 PAGE: 842 JEANNE WAGNER LINCOLN COUNTY CLERK,.KEMMERER..WY 000842 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MORTGAGE THIS MORTGAGE dated October 9, 2007, is made and executed between DAVID TRUAX and ESPERANZA MONTOYA TRUAX, HUSBAND AND WIFE, AS TENANTS BY THE ENTIRETIES (referred to below as "Grantor and 1st Bank, whose address is 79 Highway 89, P.O. Box 3110,.Alpine; WY 83128 (referred to below as "Lender GRANT OF MORTGAGE. For valuable consideration, Grantor mortgagee and conveys to Lender all of Grantor's right. title,, and interest in andto the following described real•property, together with all existing_or•subsequontly erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rigtjts,.watercourses.and ditch rights (including stock In .utilities: with ditch or Irrigation rights); and all other rights, •royalties,. and profits relating to the real' property, including without' limitation all minerals, oil, gas, geothermal and similar matters; (the "Real Property located in LINCOLN County, State: of Wyoming: PARCEL 1 LOT 28 REES 'SUBDIVISION, AS. SHOWN BY THE OFFICIAL PLAT THEREOF RECORDED SEPTEMBER 1,. 1955 IN THE OFFICE OF THE. RECORDER. OF W LINCOLN COUNTYYOMING; AS. PLAT NO 171, AND BEING PART OF THE. NORTH 1/2.- 91s"THE. SOUTHEAST, 1/4' OF SECTION 20, TOWNSHIP 37 NORTH, RANGE 118 WEST OF THE SIXTH PRINCIPAL MERIDIAN. PARCEL 2. LOT 2, ASPEN RIDGE ESTATES, LINCOLN' COUNTY, WYOMING .ACCORDING TO THAT PLAT FILED APRIL 28; 2004, IN THE OFFICE OF THE LINCOLN COUNTY CLERK, AS' PLAT NO.23743. The Real Property or its address is commonly known as 76 SPRUCE STREET, ALPINE, WY 83128. The Real Property tax identification number. is 37182040320300. REVOLVING LINE''OF CREDIT. 'This Mortgage secures the indebtedness including„ withoutlimitation,:a revolving tine of credit; which obligates Lender to make advances to Grantor so long as Grantor complies :with all the taints of the Credit Agreement. Such advances maybe made. repaid; and remade from time to time, subject to the limitation that total outstanding balance owing at any one time, not including finance charges on such balance at a fixed or variable rate or sum as provided in the CreditAgreement,:any,temporary overages, other charges, end: any amounts expended or advanced as provided in either the, Indebtedness paragraph or'thls. paragraph,.shall not eticeed the Credit Limit.as provided in the Credit Agreement. It is the intention of Grantor and:Lender that this. Mortgage seoures.the' balance outstanding undor the Credit Agreement from time to time from zero up to the Credit Limitas pravided'in the Credit Agreement and any intermediate' balance. Grantor presently assigns' to Lender all of Grantor's right, title; and interest in'and'te'all present and future.leases,of the Property 'arid all Rents from the Property. In addition;, Grantor grants to Lender a Uniform Commercial Coda security Interest in the Personal Property and Rents. THIS: MORTGAGE, INCLUDING THE ASSIGNMENT.OF RENTS AND THE SECURITY INTEREST IN•THE RENTS. AND PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (8)' PERFORMANCE' OF EACH OF GRANTOR'S .AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT; THE RELATED DOCUMENTS; AND THIS MORTGAGE. 'THIS' MORTGAGE IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: PAYMENT AND PERFORMANCE. Except as otherwise provided in this .Mortgage,. Grantor shall pay to Lender, all amounts secured by this Mortgage as they become.due and shall strictly perform all of Grantor's obligations under this Mortgage. POSSESSION AND MAINTENANCE OF THE PROPERTY. Grantor agrees that Grantor's possession and use of the Property shall be governed by the following provisions; Possession and Use. Until the occurrence of an Event of Default, Grantor may (1) remain in possession and control of the Property; (21 use, operate or manage the Property; and (3) collect the Rents.from the Property. Duty to Maintain. Grantor shall maintain the Property 'in good.condltlon'and promptly perform all repairs, replacements, and maintenance necessary to preserve its value. Compliance With Environmental Laws: Grantor represents and warrants. to Lender that: (11 During the, period of Grantor's, ownership of the Property, there has been no use, generation, manufacture, storage,.treatment, disposal,, reteaseor threatened releaso:of any Hazardous. Substance by any person on, under, about or from the Property:: (2) Grentor. has no knowledge of, or reason to believe that. there has been, except as'previously disclosed to and acknowledged by Lender lit writing, .le) •any breach'or violation of any. Environmental Laws, (b) any' use, generation, manufacture, storage, treatment, disposal, release:or: threatened release` of any Hazardous Substance on, under, about or from the Property by any prior owners or occupants.of the Property,•or (c) any. actual or threatened .litigation or' claims of any kind by any person relating to such matters; and (3) Except as previously disclosed to and acknowledged by Lender In writing, (a) neither Grantor nor•any tenant, contractor, agent or other authorized user of the Property shall'use, generate, manufacture, store, treat, dispose of or release any .Hazardous. Substance:on, under, about or from the: Property; and (b) any such activity shall be conducted in compliance. with all applicable federal, state,, and local laws, regulations and ordinances, Including without limitation all Environmental Laws. Grantor authorizes Lender and its agents to enter upon the Property to make such inspections and tests, at Grantor's expense, as Lender may deem appropriate to determine compliance of the Propertywith this section•of the :Mortgage. Any inspections or tests made by Lender shall bo for Lender's purposes only and shall not be cohstrued to i:reate any responsibility or.liabllity on the part Of Lender to Grantor or to any other person. The representations and warranties contained herein. are based on Grantor's due diligence in' investigating the Property for Hazardous Substances. Grantor hereby (11 releases and waives any future claims against Lender•for indemnity 9r contribution in tho event Grantor becomes liable for cleanup or"other costs under any'such laws ;:and (21 egreas to. _indemnify, defend, 'and hold harmless Lender against any and all claims, losses, liabilities, damages, penalties, and.expenses Which Lender may directly or indirectly. Sustain or suffer resulting from a breach of this section of the Mortgage or as a consequence of any use, generation, or a n t the same to rag e, di should release. or threatened release occurring prior to Grantor's ownership or interest:in the Property, what have been known to Grantor. The provisions of' this section oftheMortgage, 'including/the obligation to indemnify and defend, shall survive the payment of the Indebtedness and'the satisfaction and reconveyance of the lien of this'Mortgage and shall not be affected by Lender's acquisition of any interest in the Property, whether by foreclosure or ntherwlse. Nuisance. Waste. Grantor shall not cause, conductor permit any nuisance nor commit, permit; or suffer'any stripping of or waste on or to the Property or any portion of the Property: Without limiting' the generality of the foregoing ;.Grantor wi(I not remove, or grant, to: any other party the right to remove,..any timber, minerals (including oil and gas), coal, clay, scoria,.soit, gravel or rock products without Lender's prior written consent. Removal of Improvements. Grantor shall not demolish or removeany,lmprovements frorft the. Real Property without Lender's. prior consent. As a condition to the removal of any Improvements,. Lender may require Grantor to.make arrangements satisfactory to L' replace such Improvements with Improvements'of at least equal value. Loan No 764004840 MORTGAGE (Continued) e. 000843 Page 2 Lender's Right to Enter. Lender and Lender's agents and representatives.may enter'upon•the Real.Property at all reasonable times'to attend to Lender's interests and to inspect the Real Property for purposes of.Grantor's, compliance' with the terms and conditions'of this Mortgage. Compliance with Governmental Requirements. Grantor shall promptly Comply with all laws, ordinances;. and regtilatfons, now or hereafter in effect, of all governmental authorities applicable to the use or occupancy of the Property.. Grantor may contest in good faith'any such law; ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Grantor has notified Lender in writing prior to doing so and so. long as, In Lender's sole opinion, Lender's•inierests in the Property are not jeopardized. Lender may require Grantor to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lender's interest. Duty to Protect. Grantor agrees neither to abandon or leave unattended tiie•Property'. Grantor shall do all other acts,•in addition' 'to those acts set forth above in this section, which from the character and useof;the Property are reasonably necessary to protect and preserve the Property. DUE ON SALE CONSENT BY LENDER. Lender may, at Lender's option,. declare immediately due and payable all sums secured by this Mortgage upon the sale or transfer; without Lender's prior written consent, of all or any part of the Real Property, or any interest in the Real Property. A "sale or transfer` means conveyance of Real Property or any right title or interest .in the ReafProperry; whether legal, beneficial or equitable; whether voluntary or involuntary; whether by outright sale, deed, installment' sale contract, and contract, contract for deed, leasehold interest with a term greaterthan three (3) years, lease- option contract, or by. sale, assignment; or any beneficial interest in or to any land trust holding:title to the Real Property, or by any other method of 'conveyance of an interest'in the Real Property, However, this option shall not be exercised by Lender. if such exercise is prohibited by federallew or by Wyoming law. TAXES AND LIENS. The following provisions relating to the taxes and (lens on the Property are part of this Mortgage: Payment. Grantor shall pay When due (and in all events prior to delinquency)• all taxes, payroll taxes,' special taxes, assessments, water charges and sewer service charges levied against of on account ofthe:property, and shall pay when due all claims-for work done on or for services rendered or material furnished to the Property, •Grantor.shall maintain the Property free 'of any Iiens.having priority.over orequal.to the interest of Lender under this Mortgage, except for' the Existing Indebtedness 'referred to In this Mortgage or those liens specifically agreed to in writing by Lender, and except for the lien of taxes and assessments not:due as further specified in the Right to Contest paragraph. Right to Contest. Grantor may .withhold payment of any tax, assessment,. or claim iM•connection with a good faith dispute over the obligation to pay, so long. as Lender's interest .in the Property. is not jeopardized. If a lien arises or flied as e• result of .nonpayment, Grantor shall within fifteen (15) days afterthe lien arises er, if a lien ie filed, within fifteen (15) days after Grantor has notice of the filing, secure the discharge of the lien, or if requested by Lender; deposit with Lender cash or'a.sufficient corporate :surety bond or other security •satisfactory to Lender in an amount sufficient to discharge the lien plus any costs and reasonable atterneys' or other Charges that could accrue as a result of a foreclosure or, sale under the lien. In any contest, Grantor shall defend itself and Lender and. shall satisfy any adverse judgment before enforcement against the Property. Grantor shall name Lender as an additional obligee under any surety 'bond furnished in the contest proceedings. Evidence of Payment. Grantor shall upon demand furnish to Lender satisfactory evidence of payment of the taxes or assessments and shall authorize the appropriate governmental official to deliver to Lender at any time a writtemstatement of the taxes and• assessments.•against the Property. Notice of Construction. Grantor notify Lender at least fifteen (15( days before any work Is,commenced,•any services are furnished, or any materials are supplied to the Property, If any mechanic's. lien, materialmen's lien,. or other lien could be assorted' on account of the work, services, or materials. Grantor will upon'request offender furnish to Lender advance assurances satisfactory to .Lender that. Grantor can and will pay the cost of such improvements. PROPERTY DAMAGE INSURANCE. The following provisions relating to insuring the Property are a part of this Mortgage: Maintenance of Insurance. Grantor shall procure and maintain policies of flre`Insurance with. standard extended coverage endorsements on .a replacement basis for the :frill insurable value.covering ell Improvements en the Real.Property in an amount sufficient to avoid application of anycoinsurance clause, and with a standard mortgagee clause in'favor of Lender. Policies shall be,written.by such insurance' companies and in•such form' as maybe reasonably acceptable -to Lender. Grantor shall deliver to Lender certificates of coverage from each Insurer containing a stipulation that coverage will not be cancelled or diminished ;without a minimum of thirty (30) days' prlor written notice to Lender and not containing any disclaimer of the insurer's Liability. for failure to give such notice. Each Insurance policy also shall include an endorsement providing that coverage In favor of Lender will not be Impaired In any way by. any act; omission or default of Grantor or any other person. Should the Real Property be. located in an area designated by the' Director ofthe Federal. Emergency Management Agency as a special flood hazard area, Grantor agrees to obtain and maintain Federal Flood Insurance, If .available, for the maximum amount of Grantor's credit line and the full unpaid principal balance of any prior liens on the property securing the loan, up to the maximum policy limits set under the National Flood Insurance Program, or as otherwise required,by. Lender,.and to maintain such insurance for the -term of the loan. Application of Procoods. Grantor shell promptly notify Lender of -any loss or damage, to the Property if the estimated cost of repair or replacement exceeds $1,000,00. Lender may make proof of foss if Grantor fella te do within fifteon.(15) days of the casualty. Whether or not Lender's security is impaired, Lender may,•at.Lender's election, receive and retain: the :proceeds of any insurance. and apply the proceeds to the reduction. of the 'Indebtedness,. payment of any lien affecting the.Property, or the restoration and repair,of the Property. If Lender elects to apply the proceeds to'restoratlon and repair, Grantor shall repair'or'replace the damaged or destroyed Improvements in ;a manner satisfactory-to Lender. Lender shall, upon satisfactory proof of such expenditure,. payer reimburse Grantor from the proceeds for the reasonable cost of repair or restoration if Grantor is not'In default under thla Mortgage. Any proceeds which have not been disbursed within 180 days after their receipt and 'which Lender has not committed to the repair or restoration;of the Property'shali be used first to pay any amount owing to Lenderunder this Mortgage, then to pay accrued interest, and the remainder,•if any,.shail be applied to th'e principal balance of the Indebtedness. If Lender holds any proceeds after payment in full of.the Indebtedness, such proceeds shall be paid to Grantor as Grantor's 'interests may appear. Compliance with Existing Indebtedness.. During the period in which any Existing. Indebtedness described below is in effect, compliance with the insurance provisions contained in the instrument evidencing such Existing Indebtedness shall, constitute compliance ,with the Insurance provisions under this Mortgage,: to the. extent compliance with the terms of this Mortgage would constitute a ,duplication of insurance requirement. If any proceeds from the Insurance become payable- on loss; the provisions in this Mortgage for division of proceeds shall apply only to that portion of the proceeds not payable to the holder of the Existing Indebtedness.• LENDER'S EXPENDITURES. If Grantor fails (A) to keep the Property free of all taxes; liens; security interests, encumbrances, and other claims, 1B) to provide any required insurance on the Property, (C) to meke repairs to the Property or :to comply. with any obligation to maintain Existing Indebtedness in good standing -as required below, then Lender may do so. If any action or proceeding is commenced that..would materially affect Lender's interests in the Property, then.Lender on Grantor's behalf may, but is not required to, take any action that Lender believes to be appropriate to protect Lender's interests. All expenses Incurred or-paid by Lender for such purposes will then beer interest at'the rate charged under the Credit Agreement from the date incurred or paid by Lender to the date of repayment by Grantor. All such expenses will become a part of the Indebtedness and, at Lender's option, will (A) be payable on.demand; (B) be added to the balance of the Credit Agreement and be apportioned among and be payable with any installment payments,to become due during .either (1) the term of any applicable insurance policy; or (2) the remaining term of the Credit Agreement; -or IC) be treated as a balloon payment Which will be due and payable at the Credit Agreement's maturity. The Mortgage also will secure payment of these. amounts: The rights provided for in this paragraph shall be in addition to any other rights or any remedies. to which Lender may be entitled 'on account'of any default. Any such action by Lender shall not be construed as Curing the default so as to bar Lender from any remedythat It otherwise would have had. WARRANTY; DEFENSE OF TITLE. The following provisions relating to ownership of the Property are a part of this Mortgage: Title. Grantor warrants that: (a) Grantor holds good and 'marketable title•of record to the Property'.In fee.simple, tree and clear of all liens and encumbrances other than those set forth in the Real Property description or in the Existing Indebtedness section below. or in any title insurance policy, title report, or final title opinion Issued. in favor of; and. accepted by, Lender.in connection: with this Mortgage, and (b) Grantor has the full right, power, and authority to execute and deliver this Mortgage to Lender, Defense of Title. Subject tothe exception in the paragraph' above, Grantor warrants.and will foreverdefendthe title to the Property against the lawful claims of all persons. In the event any action or proceeding is commenced that questions Grantor's title or the Interest of Lender under this Mortgage, Grantor shall defend the action at Grantor's expense'. Grantor may be the •nominal party in such proce In. but Lender shall be.entitled to participate. in the proceeding,andto be represented in the proceeding by counsel of Lender's own' •i and Grantor will deliver, or cause to be delivered, to Lender' such instruments as. Lender *may request from time to time to r.',t such h "iltic!: MORTGAGE Loan No: 764004840 (Continued) 000844 Page 3 participation. Compliance With Laws, Grantor warrants that the Property and Grantor's use 'of the Property complies with all existing applicable laws, ordinances, and regulations of'governmentatauthorities. Survival of Promises. All promises, agreements, and statements•Grantor has made.inthis Mortgage shall survive the execution anddelivery of this Mortgage, shall be continuing in nature and shallremain In full force and effect until such time as Grantor's Indebtedness Is paid in full. EXISTING INDEBTEDNESS. The following provisions concerning Existing Indebtedness are apart'of'this Mortgage: Existing' Lien: The lien of this'Mortgege securing the Indebtedness may be. secondary and Inferlor to the Lien securing payment, of an existing obligation. The existing obligation.has a currentprincipal balance of approximately $417,000.00. Grantor expressly' covenants and agrees to pay, or see to the payment of,,the Existing Indebtedness and to prevent any defauiton such indebtedness,..any default under the instruments evidencing such Indebtedness, or any default under any security documents for such indebtedness. No Modification, Grantor shall not enter into:any. agreement.. with the holder ofanydnortgage; deed 'of trust, or other security agreement which has priority over this Mortgage by which that agreement is modified, amended, extended,. or renewed without the prior written consent of Lender.. Grantor shall neither request nor. accept any future advances under any security agreement without the prior written consent of Lender. CONDEMNATION. The following provisions relating to condemnation `proceedings are apart of this Mortgage: Proceedings. If any. proceeding in condemnation is 'filed, Grantor Shell promptly notify 'Lender in.writing, And Grantor shall promptly take such steps as may necessary to defend the action and obtain the award_ Grantor may: be•the•nominal party 'in such proceeding,. but Lender_ shall be entitled to participate in the prooeeding.end to be .represented in the proceeding•bycounsel of its own.choice, and Grantor will deliver or cause to be delivered to Lender such instruments and documentation as may requested by Lender from time to time to permit such participation. Application of Net Proceeds. If all or any part of the Property' is conderitned by eminent domain proceedings or by any proceeding or purchase in lieu of condemnation; Lender may at its election require all or any portion of the net proceeds .of .the award be applied to the Indebtedness the repair or restoration of the Property. The net.proceeds of the award shall mean the 'award after payment of all reasonable costs,' expenses, and attorneys' fees incurred by Lender in conneotion.with'the :condemnation IMPOSITION OF TAXES, FEES AND CHARGES' BY GOVERNMENTAL AUTHORITIES. The following provisions relating to governmental taxes, fees and charges are a part of this Mortgage: Current Taxes. Fees and Charges. Upon :request by Lender, Grantor' shall execute such documents in'addltlon to this Mortgage and take whatever other action is requested by Lender to perfect and continue Lender's Ilan on.the Real Property. Grantor shalt reimburse Lender for all taxes,. as described below, together with all expenses incurred in recording,. perfecting or continuing this Mortgage, including without limitation all taxes, fees, documentary stamps, and other charges for recording orregistering this Mortgage. Taxes. The following shall constitute taxes'to which this section applies: fi) aspecific tax upon this type of Mortgage.or upon all'or any part of the Indebtedness secured by this.Mortgage; (2) a specific tax on'Grantor which.Grantor.is authorized or required tp deduct from payments on tha.lndebtedness secured by this type of Mortgage;• (3) a tax on this type of Mortgage chargeable against the Lender or the holder otthe'Credit Agreement; and (4) a •specific tax: on altar any portion of the Indebtedness or on payments of principal and interest made by Grantor. Subsequent Taxes. If any tax to which this section applies is 'enacted subsequent to the date of this Mortgage,. this event shall' have the same effect as an Event of Default,. and Lender may exercise .any or alt of Its available remedies for an Event of Default as provided below. unless Grantor either. (1) pays the tax before it becomes delinquent,.or (2) .contests the tax as provided above in the Taxes and Liens section and deposits with Lander cash or a -sufficient corporate surety bond or other security satisfactory to Lender. SECURITY AGREEMENT; FINANCING: STATEMENTS. The fotlowing.provisions relating le this Mortgage',as e.security agreement'ere a part of this Mortgage: Security Agreement.. This instrument' shalt constitute :a. Security. Agreement to the extent any of the Property constitutes fixtures, and Lender shall have all of the rights of a secured party under the Uniform Commercial Code as amended'from time to time, Security Interest. Upon request by Lender, Granter 'shall take whateVer•actton'is requested by Lender to perfect and continue Lender's security interest in the Personal Property.- In.addition to recording. this.Mortgage'ln the. real propeityrecords, Lender may, at any time and without further authorization from Grantor, file executed counterparts, .copies ,or reproductions of this Mortgage as a financing statement. Grantor shall reimburse "Lander for all expenses incurred in perfecting or .continuing this security, interest. Upon default, Grantor shall not remove, aeveror detach the Personal Property from the Property. Upon default, Grantor shall assemble any Personal Property' not affixed to the Property in a manner and at a reasonably convenient. to Grantor and Lender and make it available to Lender within three (3) days after receipt of written demand from Lender to the extent permitted by applicable law., nterest Addresses. mailing granted s nted by th Mortg Mortgage be obtained (each (each as required by the. UnifPm Commerclat Which r Codel are as statedonthe first page this Mortgage: FURTHER ASSURANCES: ATTORNEY -IN- FACT.. The following provisions relating to further assurances and attorney -in -fact are a part of this Mortgage: Further Assurances. At any time, and from time to time; uponrequest of Lender,'Grantorwill make, execute and deliver, or .will.cause to be made, executed or delivered, to Lender or to Lender's designee, and when requested Lander, cause to be filed, recorded, refiled, or rerecorded, as the case may be, at such times and in such offices and places as Lender .may.deem'appropriate, eny'and all such mortgages, deeds of trust, security deeds, .security agreements, financing. statements,. continuation. statements; instruments, of further assurance, certificates, and oher continue, or p e e (11' Grantor's obligations under l the Credt gage, the Related f Do'cume ts,, complete, perfect, rf the liens and security interests created by this Mortgage on the Property; whether. now owned or hereafter. acquired by Grantor. Unless prohibited by law or Lender agrees to the contrary In writing, Grantor shall reimburse Lender or all costs' and expenses incurred in connection with the matters referred to in this paragraph. Lander may do so for end in the name of Attorney -in -Fact. If Grantor fails to do any ofthe things referred to in.the preceding p are a h g P at purpose of making, dn executing, d liver ng, fil ng, ding, doing all Irrevocably things as Lender may be necessary orodesiarablea attorney-in-fact Lender's opinion, to accomplish the matters referred to in the preceding paragraph. and FULL obligations, tmposedCuponfGrantor under this Mortgage, shall execute account, and del ver.to G antor a eu table satisf satisfaction of this Mortgage and suitable statements of termination of any financing statement on file evidencing' Lender's.aecurlty.interest in the Rents. and the Personal Property. Grantor wfll'pey, if permitted by' applicable law, any reasonable term(nationfee'as determined by Lender from time to time. EVENTS OF DEFAULT. material misrepresentation any will time in in connect o under with the. C edit' Agreement f This t can' inc lude, (A) for example a false f sta or ems makes a Grantor's income, assets, liabilities, or any other aspects'.of Grantor's financial condition. (B) .Grantor does meet the repayment terms of the example, us to maintain required insurance, lwaste adversely destru'ctive euse of collateral gf falturerto pay taxes deat persons aalt This on the account, transfer of title or sale of the dwelling, creation of a senior lien on the.dwelling without Lender's permisslon, foreclosure by the holder of another lien, or the. use of funds or the dwelling for prohibited. purposes. RIGHTS AND REMEDIES ON DEFAULT. Upon the occurrence of an Event.bf Default and at any time thereafter but subject to any limitation fn the Credit Agreement or any limitation in this.Mortgage, Lender, at Lender's option, may exercise any one or more of the following rights and remedies, in addition to any other rights or remedies provided by law: Accelerate Indebtedness. Lender shall` have the right at its option without'notice'to Grantor to declare the entire Indebtedness immediately due and payable, including any prepayment penalty.that Grantor would be-required to pay. r/ Ty UCC Remedies. With respect to all. or any part of the Personal.Proparty, Lender shall have all the rights and remedies of a.secu' e Loan No: 764004840 MORTGAGE (Continued) 0 Page 4 under the Uniform Commercial Code. Collect Rents. Lender shall have the right, without notice to Grantor, to take possession of'the Property; Including during the pendency :of foreclosure, whether judicial or non judicial; and collect the Rents, including amounts past due and unpaid, and apply the net proceeds, over and above 'Londer's.costs; against the Indebtedness. In furtherance of this: right, Lender may require any tenant or' other user .of •the' Property to make payments of rent use fees:directly to Lender, If the Rents.are collected by Lender,, then Grantor irrevocably designates Lender as Grantor's attorney -in -fact to endorse instruments received in payment tFiereofin the name of Grantor. and to negotiate the same and collect the proceeds. Payments by tenants or other users to .Lender In response to Lender's demand shall satisfy the obligations for which the payments are made, whether or not any proper grounds for the demand existed. 'Lender may exercise its rights under this subparagraph either. in person, by agent, or through a receiver, Appoint Receiver. Lender shall have the right to have a recelver appointed totake possession.of.ali. or any part. of the Property, with .the power to protect and:preserve the Property, to operate the.Property preceding foreclosure.or sale, and. to collect the Rents from the Property and apply the proceeds, over and above the cost of the recelvership,: against the Indebtedness.. The receiver may'serve'without bond if permitted by law, Lender's right to the appointment of•a'receiver'shall exist..whether'or not.theapperent. value of the Property exceeds the Indebtedness by a substantial. amount. Employment Lender Shall a person from.serving as a receiver. Judicial Foreolosuro. Lender may obtain a judicial decree foreclosing Grantor's interest in all or any part of the Property; Nonjudicial Sale. Lender may foreclose.Grentor "s interest in all or In any part.df the Property by non judicial sale, and'specifically by "power of sale" or "advertisement and sale" foreclosure as provided by statute. Deficiency Judgment If permitted by applicable law, Lender- may'obtein a Judgment for any deficiency remaining in the Indebtedness due to'Lender after application of all amounts received from the exercise of the rights provided in this section. Tenancy at Sufferance. If Grantor remains in possession of the Property after, the Propertyis sold'as provided above or Lender otherwise becomes entitled to possession of the Property upon default of Grantor, Grantor: shall become .a• tenant at sufferance of Lender or the purchaser of the Property and shall, et Lender's. option, either 111 pay a reasonable rental for the use of the Property; or 12) vacate the Property immediately upon the demand of Lender. Other Remedies. Lender shall have all other and remedies provided In this Mortgage or the Credit Agreement or available at law or in equity. Sale of tho Property. To the extent permitted by applicable law, Grantor hereby waives any and all right to have the Property marshalled. In exercising its rights and remedies, Lender shall be free to. sell ell or any part of the Property together or-separately, in one sale or by separate sales. Lender shall be entitled to bid at any public sale email or,any portion of the Property, Notice of Sale. Lender will give Grantor reasonable notice of the time.and place of any public sale of the Personal Property or of the time after which any private sale or otherintended disposition of the Personal Property le to be.made. Reasonable notice' shall mean notice given at leastten (10) .days before the time.of the sale or 'disposition. Any sale of the Personal Property may be made In conjunction with any sale of the Real Property. Election of Remedios. All of Lender's rights and remedies will be cumulative and may be exercised•alone or together: An election by Lender to choose any one remedy. will not bar Lender from using any other remedy. If Lender deoides to spend money or to perform any of Grantor's obligations under thls Mortgage, after Grantor's failure to do so, that decision by Lender will not affect Lender's right to declare Grantor in default and to' exercise Lender's remedies: Attorneys' Fees; Expenses. If Lender' institutes any suit or action to enforce' any of the terms of this Mortgage, Lender shall be. entitled to recover such sum as the court may adjudge reasonableas attorneys` fees,at trial and upon any appeal. Whether or not any court action is Involved, and to the extent not prohibited by law, all reasonable expenses Lender incurs that In Lender's.opinlan are.necessary time for the protection of its interest or the enforcement of its rights shelhbecome a part of the Indebtedness payable on demand and shall bear interest at the Credit Agreement rate from the date of the expenditure'until. repaid. Expenses covered by this paragraph include. without limitation, however subject to any limits under applicable law, Lender's.reasonable attorneys' fees and Lender's legal expenses whether or not there is a lawsuit; including reasonable attorneys' fees after default and referral to an attorney not Lender's salaried employee and expenses for bankruptcy proceedings (including efforts to.modify or vacate any. automatic.atey'or injunction),:appeals, and .any anticipated post judgment collection services, the cost of searching records,..obtalning title reports.lincluding foreclosure reports), surveyors' reports, and appraisal fees and title insurance, to the extent permitted by applicable law. Grantor.also will payany court costs, in addition to all other sums provided by law. NOTICES. Any notice required to be given under this Mortgage, including without limitation'anynotice of default and any notice of sale shall be given in writing, and shall be effective when actually delivered, when actually received bytelefacsimile (unless otherwise required by law), when or deposited with a nationally recognized overnight. courier, or,. if mailed,. when deposited In the United Stoles .mail,. as first class, certified registered mail postage prepaid, directed to the addresses shown near the beginning,of this Mortgage. All copies of notices of fore closure from the holder of any lien which has priority over this Mortgage shall be.sent to Lender' address,. l as written n .naarto heegm other persoh Mort sons, Any person may change his or her 'address for notices under'this Mortgage 'by',g n g. er specifying that the purpose of the notice is to change the person's address. For.notice purposes, Grantor agrees to keep Lender informed at all times of Grantor's'current address, Unless otherwise, provided or required by law, if'there is more than one Grantor, any notice given by Lender to any Grantor is deemed to be notice'glven to all Grantors. it will be Grantor's responsibility to tell the others of the notice from Lender. MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part. of this Mortgage: Amendments. What is written in this 'Mortgage and In the Related. Documents Is Grantor's entire agreement with Lender concerning the matters covered by. this Mortgage. To be effective, any change or amendment to this Mortgage must be in writing and must be signed by whoever will be bound or 'obligated by the change or amendment. Caption Headings. Caption headings in this Mortgage are 'for convenience purposes only and are not.to be used to interpret or define the provisions of this Mortgage. Governing This Mortgage will be governed by federal law•appiicabla to Lender.and. to the extent not preempted by:federal law. the laws of the State of Wyoming without regard to Its conflicts of law provisions. This Mortgage has bean accepted by Lender in the State of Wyoming. Joint and Several Liability. All obligations of.Grantor under this Mortgage shall be joint and several, and all referenceato Grantor shall mean each and every Grantor. This means that each Grantor signing below is responsible for all obligations in this Mortgage. No waiting. The fact Lender. hat Lender or omitsLto ender will not give exercise any right will not that has.glven up that right. If Lender does agree understanda in writing to give up.one of Lenders rights; that does not mean Grantor:will not have to..comply'with the other provisions of this Mortgage. again if the situation happens again Lender Grantor further t understands tit tBjust because Lendercons nts.t will not have to get or more.of Grantor's reque ts. that does rote to and notice of d shonor. .Grantor waives t all' rights of exemption execution or similar few in t any Of Grantor's agyment. the Property, and Grantor p agrees.that'the rights of Lender in the Property under this Mortgage are prior to Grantor's rights while this Mortgage remains In effect; Severability. If a court finds, that any provision of this Mortgage is notvalid'•or should not, be enforced, that fact by itself will not mean that the rest of this Mortgage will not be valid'or enforced. Therefore, a court'will enforce the rest of the provisions of this Mortgage even if a provision of this Mortgage may be found to be invalid or unenforceable. Merger. There shall be no.merger Of the interest or estate created by this Mortgege.wlth;any other Interest or estate in the Property at any time held by or for the benefit of Lender in any capacity,, without the written consent of Lender. Successors and Assigns. Subjectto any limitations stated in'this Mortgage'on'transfer ofGrantor's Interest, this Mortgage shall be hinding in a parson ether upon and to the than Gr tor we hout not ceto Grantor, may deal with Grantor's with reference to this Mortgage s n and the Indebtedness by way of forbearance or extension without releasing Grantor from the obligations'of this Mortgage or (lability under the Indebtedness. Time is of the Essence. Time is of the essence in the performance of this Mortgage. Waiver.of Homestead Exemption. Grantor hereby releases:and waives all rights and benefits of the homestead exemption s,: the State of Wyoming as to all Indebtedness secured by this Mortgage: 55S Loan No:764004840 DEFINITIONS. The following words shall have the following meanings when'used in this Mortgage: Borrower. The word Borrower" means DAVID TRUAX and ESPERANZA MONTOYA•TRUAX and Includes all co- signers and co- makers signing the Credit Agreement and all their successors and assigns. Credit Agreement. The words "Credit Agreement' mean the credit agreement dated October .9, 2007, with credit limit of $192,483.48 from Grantor to Lender together with all renewals of,.extensions of; modifications of,. refinancings of; consolidations of, and.substitutions for the promissory note or agreement. The maturity date of this Mortgage is October 30, 2012. Environmental Laws. The words "Environmental Laws" mean any and ,all.state, federal and local .statutes, regulations and .ordinances relating to the protection of human health or the envtronment,'Including without limitation: the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 „as amanded, 42 U.S.C. Section 9801, et seq, "CERCLA "),the Superfund Amendments and Reauthorization Act of 1986, Pub. L. No. 99-499 (`SARA"), the Hazardous Materials Transportation. Act, 49 U.S.C. Section 1801, et seq., the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901, et seq.; or other applicable state or federal laws, rules, or regulations adopted pursuant thereto. Event of Default. The words "Event of Default" mean any of the.events of default set forth ln.this Mortgage in the events of default section of this Mortgage. Existing indebtedness. The words "Existing Indebtedness" mean the indebtedness described in the Existing Liens provision of this Mortgage. Grantor. The word "Grantor” means DAVID TRUAX and ESPERANZA MONTOYA- TRUAX. Hazardous Substances. The words "Hazardous Substances" mean materials that, .because. of their quantity, concentration or physical, chemical or infectious characteristics, may cause or. pose. a present or potential hazard. to human health or the environment when improperly used, treated, stored,. disposed ot, generated, manufactured, transported or otherwlse :handled. The words "Hazardous Substances" are used in their very broadest sense and tnctude without limitation any and ail hazardous or .toxic substances, materials or waste as defined by or listed under the Environmental Laws. The term "Hazardous Substances" also includes, without limitation, petroleum and petroleum by- products or any fractlon.thereof and asbestos. Improvements. The word "Improvements ".means all existing and future improvements, buildings, structures, mobile homes affixed on the Real Property, facilities; additions, replacements and other construction on the Reai'Property Indebtedness. The word "Indebtedness" means all 'principal, interest,: and other amounts, costs and expenses payable under the Credit Agreement or Related Documents, together with all renewals of, extensions of, modificationsof, consolidations' of and substitutions for the Credit Agreement or Related Documents and any amounts expended or advanced by Lender to. discharge Grantor's obligation's or expenses. Incurred by Lender to enforce Grantor's obligations under this Mortgage, together with interest on such amounts as provided in this Mortgage. Lender. The word "Lender" means 1st Bank, its •successors and assigns. The words "successors or assigns" mean any person or company that acquires any interest in the Credit Agreement. Mortgage. The word "Mortgage" means this Mortgage between Grantor and Lender. Personal Property. The words "Personal Property" mean all equipment, fixtures,. end other articles of persona! property now or hereafter owned by Grantor, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and additions to, all replacements of, and all substitutions for, any of such property; and together with all proceeds (Including. without limitation ail insurance proceeds and refunds of premiums) front any sale or other disposition of the Property. Property. The word "Property" means Collectively the Real Property and the Personal Property. Real Property. The words "Real Property' mean the real property, interests'end rights,.es.further described in this Mortgage. Related Documents. The words. "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental agreements, guaranties, security agreements,. mortgages,• deeds of trust; security. ..deeds; collateral mortgages, and all other. Instruments, agreements and documents, whether now or hereafter existing, executed In connection with the Indebtedness: Rents. The word "Rents" means all present and future rents, revenues, income, issues. royalties; profits; and other benefits derived from the Property. EACH GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS ,MORTGAGE. AND EACH GRANTOR AGREES TO iTS TERMS. GRANTOR: X DAVID l) R STATE OF W7otaLin$- Lincoln MORTGAGE (Continued) INDIVIDUAL ACKNOWLEDGMEN )SS 000846 ESPERANZA MONTOYA -TRt COUNTY OF this undersignd n owledged tl� A thysgnedthe ortgage:as h act and deed, for the uses and purposes therein mentioned. ZO 07 Give r my hand and off �1 seal this 9th day of October Residing at, Lin es C ount By -1 18 2011 My commission expires 9/ Notary Pu i9) and the State of W'7�i Page 5 RECORDATION REQUESTED BY 1st Bank Alpine 79. Highway 89 P.O. Box 3110 A +pine, WY 83128 WHEN RECORDED MAIL TO: 1st Bank Alpine 79 Highway.89 P.O. Box 3110 Alpine. WY 83128 SEND TAX NOTICES TO:, 1st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 MODIFICATION OF MORTGAGE. THiS MODIFICATION OF MORTGAGE dated October 17, 2007, is made and executed .between DAVID' 'TRUAX and ESPERANZA MONTOYA TRUAX, HUSBAND AND WIFE,. AS TENANTS BY THE ENTIRETIES (referred to .below as "Grantor and 1st Bank, whose address is 79 Highway. 89, P;O: Box•9110,.Alpine, WY 83128 (referred to below as "Lender MORTGAGE. Lender and Grantor have entered into a Mortgage dated October 9, 2007 (the "Mortgage which has been recorded in LINCOLN County,'State of Wyoming as follows: Mortgage recorded October 17, 2007 in the office: of the Lincoln County Clerk; in booi675, page 842.. REAL PROPERTY DESCRIPTION. The•Mortgage covers the following .described real property located in LINCOLN County, State of Wyoming: PARCEL 1 LOT 28 REES SUBDIVISION; AS:SHOWN BY THE :OFFICIAL PLAT THEREOF 'RECORDED SEPTEMBER 1, 1955 IN THE OFFICE OF THE RECORDER OF LINCOLN COUNTY; WYOMING, AS.PLAT N0 171,..AND. BEING PART OF THE NORTH 1//2 OF THE SOUTHEAST 1/4 OF SECTION 20, TOWNSHIP 37 N0'RTH RANGE 118 WEST OF THESIXTHPRINCIPAL MERIDIAN. PARCEL 2 LOT 2; ASPEN RIDGE ESTATES, LINCOLN :COUNTY,`WYOMING ACCORDING TO THAT PLAT FILED APRIL 28, 2004, IN THE OFFICE OF THE LINCOLN COUNTY CLERK, AS PLAT'N0:237-8, The Real.Prdperty or, its'address is commonly known as 76 SPRUCE STREET, ALPINE, WY 83128. The Real Property tax identification number is 37182040320300. MODIFICATION.. Lender and Grantor hereby modify, the Mortgage as follows: As of today's date we are increasing the credit line by $7,516.52.from $192,483.48 to $200,000:00. CONTINUING VALIDITY. Except as expressly modified above, the terms the original Mortgage shall. remain unchanged and in full force and effect and are legally valid, binding, and. enforceable.in accordance with their respective terms. Consent.by tender to this Modification does not waive Lender's right to require strict performance of the .Mortgage as changed above nor obligate Lender to make any future modifications. Nothing in this Modification shall constitute a satisfaction of the .promissory note or other credit agreement secured by the •Mortgage. (the "Note It is the intention of Lender to retain as liable all parties.to the Mortgage and all parties, makers .and endorsers to the.Note, including accommodation parties, unless .a party is expressly released by Lender in writing. Any, maker or endorser, Including• accommodation makers, shall not be released by .virtue. of this Modification. If any person who signed the original Mortgage does not sign this 'Modification. thin ail persons signing below acknowledge that this Modification is given..conditionally, based on the representation to Lender that the non- signing person conesnts to the changes and .provisions of this Modification or. otherwise will not be released by it. This waiver applies not 'only to any initial extension or modification, but aiso'to all subsequent:actions. GRANTOR' ACKNOWLEDGES HAVING: READ ALL THE. PROVISIONS: OF THIS MODIFICATION OF MORTGAGE AND GRANTOR AGREES TO ITS TERMS. THIS MODIFICATION OF MORTGAGE IS DATED OCTOBER 17, 2007. LENDER: 1ST BANK X f F Dotta Webb, Loan Officer RECEIVED 10/23/2007 at 9 :41 AM RECEIVING'# :034275 BOOK:' 676 PAGE: 401 JEANNE WAGNER LINCOLN COUNTY CLERK,:KEMMERER, WY 000401 SPACE ABOVETHIS LINE IS FOR RECORDER'S USE ONLY Loan No: 764004840 STATE OF Notary PubT6 in COUNTY Of �`1.� Notary Public in and for the State of JIODIFICATION OF MORTGAGE (Continued) 000402 Page 2 401 411) 1 a State of /e <27 INDIVIDUAL ACKNOWLEDGMENT .SS DORETTA WEBB NOTARY PUBLIC COUNTY'OF }f STATE OF LINCOLN WYOMING ornmitsioiT Ex On this day before me, the undersigned Notary Public, personally appeared DAVID TRUAX and ESPERANZA. MONTOYA- TRUAX, to me known to be the individuals described in 'and who executed the Modification: of Mortgage, and acknowledged that they signed the Modification as their free and voluntary act and deed, for the uses and burp ses:t erefrj;ittentioned. Giveji tinder my,hand -and official seal this B y vairrrrr day of LENDER ACKNOWLEDGMENT 1 SS 70 Residing at My commission expires NOTARY PUBLI STATE OF WYOMING SEPTEMBER 18, 2011 PENNY JONES COUNTY OF LINCOLN INC Mt- I' On this /sue day of •4 20 6 ..f before me, ihe.undersigned. Notary Public, personally appeared Doretta Webb.•and known to me to be the'.Loan Officer, .authorized.:agent. for 1st Bank that executed the within and foregoing instrument end acknowledged said instrument to be the free and'voluntaty act and deed of lst..Bank, •duly, authorized• by 1st Bank through its board of,dir.' ors or otherwise, for the uses;and purposes' therein mentioned, and on oath stated that he or•she is authorized to execute this said it strume and in factexec dthis said strument on behalf:of 1st•Bank. Residing .My' commission expires USER PRO L.vwhp, Va.. 6.18.i6.00I Caw. 11■lwp PA. Suwlkn.:Ina. 1991, 10D7,. All It ROW d.. WV D:lµ6ERPR04PWRCP11E216E01.PC 7A•4613 MOS ENDER: COMPLET CTION For delivery information visit our webslte at www.usps.Como $1.39 $2.80 $2.30 $0.00 1 Complete items 1, 2, and 3. Also complete item 4 if Restricted Delivery is desired. I Print your name and address on the reverse so thatVe can return the card to you. I Attach this card to the back of the mailplece, or on the front if space perrnit Article Addressed to: David Truax 3800 S. Meadow Drive PO Box 10191 Jackson, Wyoming 83002 Article Number (Transfer from service label) 'S Form 3811, February 2004 Complete items 1, 2, and 3. Also complete item 4 if Restricted Delivery is desired. ti Print your name and address on the reverse so that we can return the card to you. N Attach this card to the back of the maiipiece, or on the front if space permits. I Article Addressed to: Esperanza Montoya -Truax 3800 S. Meadow Drive PO Box 10191 Jackson, Wyoming 83002 2. Article Number (Transfer from service Labe° PS Form 3811, February 2004 la Complete items 1, 2, and 3. Also complete item 4 if Restricted Delivery is desired. Print your name and address on the reverse so that we can return card to -you.. or Attach this card to the back of the mailpiece, or on the front if space permits. 1. Article Addressed to: Allison Harris PO Box 3002 Alpine, Wyoming 83128 2. Article Number (Transfer from service label) PS Form 3811, February 2004 7 1 Domestic Return Receipt 1 D. Is delivery address d 3. SSei ice Type L3 Certified Mail O Registered. ID Insured Mail Domestic Return Receipt Domestic Return. Receipt 4. Restricted Delivery? (Extra Fee) e Type edified Mall Registered Insured Mail 4. Restricted Delivery? (Extra Fee) 7009 1410 0002 0436 6827 C. Date from item 17 G 0 If YES, enter delivery address below: U rU Retum Receipt Fee O (Endorsement Required) Restricted Delivery Fee O (Endorsement Required) r1 Total Pr David Truax Express Mali sent r eturn .Receiptfor f O C,o.D. Iti 09 1410 0002 0436 6858 D. is delivery address di rent.from item 1 If YES, enter delivery address below; 7009 1410 0002 0436 6834 102595 -02 -Wt -154.0 FXpress Mail tr eturn Receipt for Ej C.O.D. I`- CERTIFIED MAIL,0IPT (Domestic Mail Only; No Ins verage Provided) 102595 -02 -M -1.540 C Postage Certified Fee 3800 S. Meadow Drive Street, Ai PO Box 10191 4 v as 4-1 ark �a �S/ $6.49' 0 4/ 0 9/ city Star Jackson, Wyoming 83002 ENDER: COMPLETE THIS SECTION COMPLETE THIS SECTION ON DELIVERY C. Dati U.S. Postal ServiceTM CERTIFIED MAILTM RECEIPT (Domestic Mail Only; No Insurance Coverage Provided) For delivery information visit, our website at www•usps.com© $1.39 $2.80 $2.30 $0,00 PS For, roam r 0 m O G 6 ru O O Total P 102595 -02 -M -1540 t Postage Certified Fee Retum Receipt Fee (Endorsement Required) Restricted Delivery Fee (Endorsement Required) C. Oat: �D D. Is delivery address different from item 1? I O If YES, enter delivery address b low: q A i [is on c: F 4 E 0 (Endorsement Required) r 3. Seri a Type 1 Total Pr' Certified Mall pcpress Mail 1 O Registered p'Retum Receipt fort o Insured Mail 0 C.O.D. 0 4. Restricted Delivery? (Extra Fee) C 1. Postage Certified Fee Return Receipt Fee (Endorsement Required) Restricted Delivery Fee PS Form $6.4 9 Sent Esperanza Montoya -Truax Street, 3800 S. Meadow Drive orPOB PO Box 10191 City, sra Jackson, Wyoming 83002 $6.49 Sent To Allison Harris Street, Ai PD BOX 3002 or PO Bo City, Slat Alpine, Wyoming 83128 ctio SENDER: COMPLETE THIS SECTION COMPLETE THIS SECTION ON DELIVERY U.S. Postal Service,. CERTIFIED MAILTM RECEIPT (Domestic Mail Only; No Insurance Coverage Provided) $1.39 For delivery information visit our website at www.usps.coms A L u Aireg 1 f`Af AFFIDAVIT OF MAILING OF NOTICE OF FORECLOSURE SALE John P. LaBuda, of lawful age, being first duly sworn upon his oath according to law, deposes and says: 1. That he is an attorney generally admitted to practice law within the State of Wyoming; that he is one of the attorneys for and is representing 1 5t Bank of Afton, Wyoming, in its foreclosure of that certain mortgages dated October 9, 2007, made, executed, and delivered by David Truax and Esperanza Montoya Truax, as Mortgagor, to 15t Bank, Afton, Wyoming, as Mortgagee, which Mortgage was filed for record in the Office of the County Clerk and Ex- Officio Register of Deeds within and for Lincoln County, Wyoming on October 17, 2007, in Book 675, at Page 842, Rec. #934137, and modified on October 17, 2007, and filed of record on October 23, 2007, in Book 676, Page 401, Rec. #934275. 2. That on April 23, 2010, he deposited in the United State Post Office at Pinedale, Wyoming, Notice of Foreclosure Sale, hereinafter set forth, postage prepaid and address and sent by certified mail, to the following persons, at their last known address, they being the owners of record and persons in possession of the mortgaged premises and United State Bankruptcy personnel: David Truax 3800 S. Meadow Drive PO Box 10191 Jackson, WY 83002 Esperanza Montoya -Truax 3800 S. Meadow Drive PO Box 10191 Jackson, WY 83002 3. That on April 23, 2010, he deposited in the United State Post Office at Pinedale, Wyoming, Notice of Foreclosure Sale, hereinafter set forth, postage prepaid and address and sent by certified mail, to the following holders of recorded mortgages and liens subordinate to the mortgage being foreclosed: None existed. 4. That on April 23, 2010, he deposited in the United State Post Office at Pinedale, Wyoming, Notice of Foreclosure Sale,, hereinafter set forth, postage prepaid and address and sent by certified mail, to the following persons in possession. Allison Harris P.O. Box 3002 Alpine, WY 83128 5. That a true copy of said Notice of Foreclosure Sale is attached hereto, marked "Exhibit B and by this reference made a part hereof. DATED this John P. LaBuda State of Wyoming County of Sublette day of June, 2010. :ss Subscribed and sworn to before me this day of June, 2010, by John P. LaBuda. Witness my hand and official seal. My commission expires: irmitz-- Notary Public t^ �q :.i'4',oi..7°S64 NOTICE OF MORTGAGE FORECLOSURE SALE WHEREAS, the power of sale in the following- described Mortgage, duly recorded as hereinafter specified, having become operative by the default in a condition of such Mortgage by the Mortgagor, and no suit or proceeding having been instituted to recover the debt thereby secured, or any part thereof, 1 Bank, Alpine, Alpine, Wyoming, the Mortgagee therein, hereby states and gives notice that: 1. The aforesaid Mortgage, dated October 9, 2007, was filed of record on October 17, 2007, in Book 675, Page 842, reception no. 934137 in the Office of the County Clerk and Ex- Officio Register of Deeds of Lincoln County, Wyoming. The Mortgage was modified on October 17, 2007, and filed of record on October 23, 2007, in Book 676, Page 401, reception no. 934275 in the Office of the County Clerk and Ex- Officio Register of Deeds of Lincoln County, Wyoming. 2. That written notice of intent to foreclose the aforesaid Mortgage by advertisement and sale has been served upon David Truax and Esperanza Montoya Truax, husband and wife, tenants by the entireties, as record owner and person in possession, and Allison Harris, as person in possession by certified mail with return receipt, mailed to the last known addresses of said record owner and persons in possession on the 9th day of April, 2010. 3. The amount claimed to be due on said Mortgage as of April 8, 2010, for principal, interest and late fees, is the sum of $201,638.50, together with all accruing interest at the rate of $42.40 per day, advances, attorney fees, costs, fees and expenses of foreclosure. The mortgaged premises are described as: Parcel..1: Lot 28 Rees Subdivision, as shown by the official Plat thereof recorded September 1, 1955 in the office of the Recorder of Lincoln County, Wyoming, as Plat No. 171, and being part of the North 1 /2 of the Southeast 1 /a of Section 20, Township 37 North, Range 118 West of the Sixth Principal Meridian. Parcel 2: Lot 2, Aspen Ridge Estates, Lincoln County, Wyoming, according to that Plat filed April 28, 2004, in the Office of the Lincoln County Clerk, as Plat No. 237 -B. 5. That by virtue of the power of sale contained therein, said Mortgage will be foreclosed by sale of the above described mortgaged premises, or so much thereof as may be necessary, at public venue by the Sheriff or Deputy Sheriff of Lincoln County, Wyoming, at the front door of the Courthouse in Kenunerer, Lincoln County, Wyoming, at 10:00 o'clock A.M. on June 8, 2010, to satisfy the aforesaid amount, and accruing interest, advances, costs, fees and expenses of foreclosure. 6. Pursuant to Wyoming Statutes, Section 1- 18- 109(b), the property being foreclosed upon may be subject to other liens and encumbrances that will not be extinguished at the sale and any prospective purchaser should research the status of title before submitting a bid." Dated this 23 rd day of April, 2010. PUBLISH: April 29, May 6, 13, 20, 2010 1 Bank, Alpine, Mortgagee DER: COMPLETE ION COMPLETE THIS SECTIO ERY »ac D. Is delivery ad If YES, enter :)1 Li Rer E ins ds 26 2010 ;omplete items 1, 2, and 3. Also complete :ern 4 if Restricted Delivery is desired. 'rint your name and address on the reverse o that we can return the card to you. .ttach this card to the back of the mailpiece, tr on the front if space permits. article Addressed to: peranza Montoya -Truax 100 S. Meadow Drive Box 10191 cis§on,_ Wyorping 83002 Form 3811, February 2004 Article Addressed to: Article. Number (transfer from service label) 3 Form 3811, February 2004 Article Addressed to: Article Number (Transfer from service label) S Form 3811, February 2004 lrticle Numbef..s:_. 7008 18 Transf C Complete items 1, 2, and 3. Also complete item 4 if Restricted Delivery is desired. Print your name and address on the reverse so that we cari "return the card to you. Attach this card to the back of the mailpiece, or on the front if space permits. Allison Harris PO Box 3002 Alpine, Wyoming 83128 Complete items 1, 2, and 3. Also complete Item 4 if Restricted Delivery is desired. Print your name and address on the reverse so that we can return the yard to you. Attach this card to the back of the mailpiece, or on the front if space permits. )avid Truax ;800 S. Meadow Drive '0 Box 10191 ackson, Wyoming 83002 4. Restrldi 1 Delivery? (Extra Fee) r� Q44 V3524 6822 Domestic Return Receipt NDER: COMPLETE THIS SECTION COMPLETE THIS SECTION ON DELIVER U.S. Postal Service= CERTIFIED MAILTM RECEIPT (Domestic Mail Only; No Insurance Coverage Provided) For delivery information visit our website, at www,uspss.com $2.80 $2.30 $0.00 D. Is delivery address different from Item 1? if. YES, enter delivery address.below: 3. SerG.ice Type Certified Mail Ofrxpress Mail Registered Return Receipt fo, Insured Mail C.O.D. 4. Restricted Delivery? (Extra Fee) Domestic Return Receipt e Type ertified Mail istered Mail 7008 1830 0003 3524 6815 NDER: COMPLETE THIS SECTION COMPLETE THIS SECTION ON DELIVERY B. Received b (P d Name) on y4 II x 1? U.S. Postal ServiceTM CERTIFIED MAIL. RECEIPT (Domestic Mail Only; No Insurance Coverage Provided) D. Is delivery adddess dill- If YES, enter deliv 3. Se ice Type Certified Mali 13 Registered 13 Insured Mail 13 Express Mail Return Receipt for; C.O.D. Domestic Return Receipt 1830 7008 1830003 3524 6808 f 1t�� tat s-MM I 4. Restricted Delivery? Fee) r:0 0 D I`- 102595.02 M 1540 i 0. Da r ru Ln I m,0 m D D D m Return Receipt for D C.O.D. ED P- CERTIFIED MAILTM 111111111PT (Domestic Mail Only; No Insurance Coverage Provided) For delivery information visit our website at www.usps.comq' Postage Certified Fee Retum Receipt Fee (Endorsement Required) Restricted Delivery Fee (Endorsement Required) D m E Total P' rR ru Lf) Postage m.. Certified Fee m D Return Receipt Fee D (Endorsement Required) Restricted Delivery Fee D (Endorsement Required) m 1:0 Total r a sent' Allison Harris Street, PO Box 3002 or city P01 SI Alpine, Wyoming 83128 102595 02 -M -1540 Tote Sent David Truax Stree 3800 S. Meadow Drive or PC PO Box 10191 City, 102595 -02 -M -1540 ..5:54 0493 05 $5.54 04/23/2010 Sent To Esperanza Montoya -Truax Street,A 3800 S. Meadow Drive orPOe, PO Box 10191 City, Sta. Jackson, Wyoming 83002 0493 05 Postmark Here 5.54 04/23/2010 SGG Postmark Here For delivery information visit our website at www.usps.com Postage Certified Fee Return Receipt Fee (Endorsement Required) Restricted Delivery Fee (Endorsement Required) o fts 30.44 $2.80 32.30 $0.00 0493 05 Postmark Here 04/23/2010 Jackson, Wyoming 83002 1R9'�