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HomeMy WebLinkAbout872830art '11, rt✓I^d'; g ge SEE BCati /27 G MORTUIE, PUF 61 After Recording Return To: COMMUNITY FIRST NATIONAL BANK 200 NORTH CENTER STREET ROCK SPRINGS, WY 82901 DEFINITIONS 872830 [Space Above This Line For Recording Data] MORTGAGE (A) "Security Instrument" means this document, which is dated together with all Riders to this document. (B) "Borrower" is ROBERT M. MCCLOUD, A S INGLE MAN Borrower is the mortgagor under this Security Instrument. (C) "Lender" is COMMUNITY FIRST NATIONAL BANK RECD IVED LINCOLN COUNTY CLERK 01 ti,PR23 P' to !ti JEANNE WAGNER KEMMERER, WYOMING BOOK_ 4 PR PAGE 9 1 U MCCLOUD LOAN NUMBER: PARCEL NUMBER: Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16. APRIL 23, 2001 Lender is a CORPORATION organized and existing under the laws of THE UNITED STATE OF AMERICA Lender's address is 200 NORTH CENTER STREET ROCK SPRINGS, WY 82901 Lender is the mortgagee under this Security Instrument. (D) "Note" means the promissory note signed by Borrower and dated APRIL 23, 2001 The Note states that Borrower owes' Lender TWO THOUSAND ONE HUNDRED EIGHTY FIVE AND 00/100 Dollars (U.S. 2,185.00 plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than MAY 1, 2009 (E) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (F) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. 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All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic 'Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance WYOMING Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3051 1 /01 DOCUIWY3 (Page 3 of 12 pages) DOCUIWY3.VTX 11 /04 /2000 TS0£ Wau3 000L/40/TI XLA•4RMtn3oa (sa8vd Z1io b a8vd) tAMMDOU 1NI3YHL111LSNII I%i1iO3INif1 aeyA alpp9a3/aeyAI anme3 Xlnue3 aI u!S ONIII&OAM 401gm uo alup aq2 3o sap 01 uig1jm -Imp aj2 2u1,cj11uaP1 aOTIOU JOMOJJOH an12 Amu aapuag luatunalsui knit sup JOAO ,Cluoud mum uro gaigm unit g o1 loafgns si ,tlaadoad aql jo laud ,lug rum sauluualap aapuag 3I 'luamn nsui ,C1unoag sup 01 rap am 2ulluulpaogns aapuag o1 AaolouJsilus luatuaaJ2g uU tint at1 Jo Japiot alp tuoa3 samoas (o) JO `papniouoo aau aulpaaooad gons i11un Apo pig `Suipuad aau s3uipaaooad asogl ailtM rat 0111 JO luauiaoaojua am luanaad o1 aluaado uotuido s,aapuag ui goigm Ouipaaooid twat `u1 troll ay1 3o luatuaoaoJua lsUlau spuaJap Jo 'Act giiUj pool Ut imp am slsaluoo (q) `.luatuaaah gons 5uluuojiod sl JaMOaaog su &uoi os /quo Inq `aapuaZ 01 aiquidaooU aauu w p tit rat at1 Aq pamoas uoip qqo am jo luauiad am 01 2upUM ul saaJ2u (u) :JOMOJJog ssaiun Iuownalsul ,(Itmoas sup JOAO ,i2Potad suq goigM rap ,Cup a.ngoslp ,cpdtuoad tugs aamoaaog uolloas ui papinoad Jauuutu aq1 1.11 magi ,iud hugs JOMO.uog `small Moaosg are Stroh asagl will lualxa at1 0,1 -Aug 31 `sluamssassy put? `snag `sang uollrrOOssy XltunuiuioJ pug `,cur ji `,ilaadoad aq2 uo sluai punoi2 JO sluam,cud piogasual luauinalsul ,tlunOas sup nano Xiuolad mum ugo gouim ,ilaadoad am or atquingial;g suolllsodmt puu `sauij `saaugo `sluauissassu `saxrl pu ,Cud Iirgs aamonog •suaig :sa5am o •p •Japuag ,cq piaq spund ,tur IOM01J0H 01 punpai ,Cpdtuoad pugs Japuarl `Iuatunalsul ,illmoas sigl Xq pamoas sums qv jo ling ul luauI,Cgd uodn •sluatuad,Cigluouz ZI uugl ai0UI OU UI lug 'vamp; grim aODUpaoOOU ul ,iOUaTO13ap am dn avtu o1 ,CaUssaoau iunotuu alp aapua -I oI ,iUd pugs JOMOaaog puu `ydsg2I ,Cq paalnbaa si J MOJJOH X3ilou pugs aapuag vdsa 1 aapun paugap sg 'MOJOSO uI piaq spund jo ,cOUaTOiJap u sl warp ji •sluautad ,Cigluoul ZI urgl aaom ou ul 1nq `ydsgg quM aourpa000w u1 aaulaogs alp dn algtu 01 ,i1USSaOau lunotuu am aapuag o1 ,Cud pugs JOMOarog puu `ddSd2l Aq pannbaJS aaMOfog ,i3jlou pugs Japuag `ydSg2I iapun pauldap sr `MOJOSO ui piaq spund jo a$Ulaots p sl aaat1 Jl yam' qITM aOUppaoOOU ul spunj ssaoxa aq1 aoJ JOMOZiog of lun000r pugs aapuag `ydsgg aapun pauijap sp `MOJOSO ui piaq spund Jo snidins U Si aaag1 Jl 'VdS9 1,Cq pannbaa sr spun3 at1 jo 2ullun000r Frame ug 'amp 1noy11M `JOMOJJOg o1 an12 pugs Japua' -spund aq1 uo mud aq Iipgs lsaaalut imp `Janamoq `$up1M ui aa12u tiro aapuag pug Jamoaaog 'spund aql uo au1Uapa JO 1SO101U1 ,Cup aamoaaog ,Cud of paalnbaa aq IOU pugs aapuag `spung am uo pwd aq of lsaaalul saambai Mug aiquoliddy Jo $u111M ul aputu Sl luatuaaJ2g ur ssaiun •a2Jugo u gons alrw 01 Japuarl siiwi d Mug aiquoT1ddy pup spund aql uo Isaaalu! JaMoaaog sad aapuag ssaiun `small Moaosg am 2U1,C3uan JO lunoo0U MOJOSO Oq1 Suiz,Ciruu ,ciirnuur `spund agl dU1,Ciddu puu 2utpioq a0J aaMOJJOg a ntO 1ou pugs aapuag 'yds Jl aapun paljioads amp aql urgl Jalgt ou small Moaosg aq1 ,Cud o1 spund agI ,tiddg ins aapuag �iupg tiro' atuoll'unload Aug tit JO (paansul os an sllsodap asogm UoilnIIISUI Uu s1 aapuag 31 `aapuag 3ulpnioul) ,i111ua ao `,C11iuivatuniisul `,Couar JUaapaj u ,tq paansul are slisodap aso4M uoj1n111su1 uu U1 piaq aq huts spund aq1 mug aiquoliddy g11M aOUrpaoOOr u1 asiMaaglo a0 Stung moaosg aanlnJ Jo saan2lpuadxa jo salrmjlsa aigpuosraa pup riup luaaanO jo slsuq aq1 Uo arm spund jO lunomu am alutullsa pugs aapuag 'ydSg2I aapun ailnbaa tiro aapuai p lunomr mnmixum agI paaOxa or 1011 (q) puu `ydsgH aapun patJtoads amp am 1r spund alp Aiddu 02 aapuag 1luuad o1 1uangJns (u) Iunomp ur 111 spund pioq pug loaiioo 'atutl ,lug 111 `,Cutu .opting uolloas sup aapun paalnbai ua41 am rum `slunomr gons 111 puu `spund liu aapuag 01 ,Cud hugs JOMOJJ0g `uolluoonaa lions uodn 'Nu SI Uoi1OaS gl1M a0UUp1000p Ui Uan1B a0tlou U ,Cq atup ,Cur lu Stuall M0J0S 'RV so ,Cup 01 SU JOAIUM a111 °Vlonaa ,cum aapuag •lunomr gons ,cur aapuarl 01 Xrdaa or 6 uoj1Oas Japun palapgo aq tram pugs JOM0110H pug Juno= gons ,Cud pm 6 uolloas Japun SIT as!Oaaxa ,Cum aapuag `mall MOaosg up aoJ anp lunomr am ,iud 01 s11u3 IOMOJJOH pup `JanIuM u o1 lurnsand `,Cpoaalp small moJOSg ,Cud 01 palu'ligo Si JOMO.uog 3I '6 uolloas 111 posit sI „luamaaa2p pup lupuanoo„ asurgd alp sr luamnalsul ,C1lmoas sup ul paUreluo0 luatuaaa2U puu lupuanoo u aq o1 pamaap aq sasodind tiu Jog hugs sldlaoaa apinoad 01 pup sluatu ud 'ions alum 01 uoilaligo maMOaaog •aalnbaa Amu aapua' sr pound amp tons u1gIIM luamad qons Bulouapina sldiaoaa aapUa' o1 tsluinj huts `saainbaa aapua-I j! `pug Japing ,cq panlum uaaq s1t spun, Jo Iuatu,tpd goigM aoj small Moaosg Aug ao3 anp slut alp `aig1,CUd aaatM pup Uagm `,ip0aalp ,cud Bugs JOMOlaog `JanIuM tons Jo liana am uI •2m1UM ul aq ,Clio Amu JanIUM tons ,Cuy amp Attu 1p sma11 mama pr Jo ,CWU JOJ spun, .Iapuag o1 ,Cud oI uo11U$ligo s,aaMOaaog amgm ,Cum Japuag 'sma11 Moaosg JIU JO Aug aoj spund am ,cud 01 uoTluSllgo S,JOMOaaog SO/VIM aapuag ssaiun sum' Moaosg JoJ spun3 am Japua' ,Cud pugs aaMOaaog •uotloaS sup Japun mud aq 01 SlUnotur jO saollo1 Iip Japuag o1 tisluanJ ,Cpdwoad pugs JOMOJJOil 11.101I Moaosg Ur aq puts sluatussassr pug saaj `soup tons pug 'JO/110110H ,Cq p0M013S0 aq 'Aug 31 `sluamssassy pUU `sand `sang uollriOOSSy ,clluntutuoJ 'Imp gimbal Amu aapua' `uuog alp Jo mail am 3ulanp amp ,Cur 1U Jo Uoil1UiRuo 1V „•Stuall Moaosg„ pai1g° oar Stu011 OSngs, •01 UOfOOS 3o suolslno.Id alp g11M aouupa000r Ui smmmaad aOUrmsUJ a2u21.IOJA jO 1uam,Cpd agI Jo nail tit aapuag o1 JOMOIJOH ,Cg aigp,Cad stuns r(U1 JO ,cup 31 `stuninoid a0Uransui a2r21ow (p) pug `.S uolloas aapun aapuag ,Cq pannbaa 'T6 o r'Z.S0 0S 72S30 S3Q 914 that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one -time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one -time charge for flood zone determination, certification and tracking services; or (b) a one -time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Borrower abandons the Property, Lender may file, negotiate and settle any available insurance claim and related matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim, then Lender may negotiate and settle the claim. The 30 -day period will begin when the notice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrument, and (b) any other of Borrower's rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property, insofar as such rights WYOMING Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3051 1 /01 DOCUIWY5 (Page 5 of 12 pages) DOCV1WYS.VTX 11/04/2000 000Z ►o /TT XLA•9.MT400a (sa8vd ZI Jo 9 a8vd) 9AMM300 1011 ISO UUOd agiAl a►ppaa3/arl acuusg ,C1tmz3 aI '!S ONINNOAM of luaignmba Xiiepuulsgns a5ulan00 urulgo o1 pannbai sumrumld all iced hugs iamouog `aouelnsui a2u21Jow 103 sumturaid alp plemop sluaur/Cud paluuatsap Xiaigiudas alum o1 paltnbai sum 1amo11og put aoue.msui gons paptnold Xisnoinaid 1tg1 1a1nsul a2r22Jour alp wag 0igeitune aq of sasuao Japua-1 Xq pa.imba.i aria/kw aouemsul o2r21Joyq aq1 `uosual iiue .103 `3I •1003P ut 031.1e.msul a2r2lioJ, 041 utelutuur of paiinbai sumrulaid 041 Cud iiegs 1amo11og `uuo -I 041 2upieur jo uojltpuoo a se aoutlnsul aaliolAT paitnbai lapuarl 3i •aauuansui a2u2laomi 'o •2urlum TIT all of saaar lapuaj ssaiun a2.10uz lou pals app aaj aq1 puu Notional alp alp o1 app aa3 saltnbou 1amd11og 3I •asuai a41 3o suotstnold all iii gltm ,Ciduroo pugs aamouog `piogaseai u uo st luawnnsui ,Clunoas stg13I •luauziied 2upsanbal lamollog of lapuaj uro13 aotlou uodn `lsaialut gons gltm `aiquad aq hugs pug luaumsingstp jo altp 041 moz3 awl aloN a41 It 1sa.1011.1t JUN iigt's siunotur asaq j, •luaumllsui xipnoas sup ,Cq pamoas iamonog jo lgap ieuotltppg auiooaq pegs 6 uotloas sup lapun lapuaj ,iq pasingstp slunoum Cud •6 uotloas sup lapun pazuoging suouog iig io Cue Bur'iui lou 1o3 ,Cltpquri ou smout lapuaj iegl paa1 si 11 •os op of uopr2pgo 10 iClnp iCue lapin lou st puu os op 01 anal lou slop lapua'i '6 uotloas sup Japan aotlou a)iul iCgur Iapua-i Onoilid •330 10 uo paulnl satltipn anuq put `suotptpuoo snolaugp 10 suotlgiotn apoo aaglo 10 2utpitnq aluuturtia `sadtd mop lalum utuip `smoputm puu sloop do pi oq so aouidai `saiooi auugo `sltedal aItur 01 filmdom all 2uualua `01 paltmp lou st inq `sapniout X110do1d aql 2uunoas •5utpaaoold Xoldnniuuq u ut uottsod pains slt gutpniout `luaurnl ;sui i(lunoas sup Japun s142t1 so /puu 1illadold all ut 1saialut s1t 1oa1o1d o1 saa3 ,sXau1o11e aigeuosuai 2ut,Ced (o) pue `.11noo ut 2uuuaddt (q) `luaumllsui Xltmoas SNI 10AO 1Sltzo11.1d suq lo[lm uati u Aq pamoas sums Niue utiiud (u) :01 plump lou ale lug `apniout ueo suotloe s,lapuaJ •X11ado1d aq1 2uutudal 1o/puu pug `,C1ladoid aq1 3o anitn all utssassg 1o/puu 2utloalo.rd utpniout `luau niisui Xlunoas sup spun s142u pug iC11ad01d 041 ut 1salalur s,Iapuari loalold o1 aluudolddt 10 aigeuosgai st aanalegm ioj Xud puu op Xuur lapuaj uagl all pauopuequ seq 1amo11og (o) 10 `(suorluin5ai 10 smei ao10Jua o1 10 luauml1sui *moos sup lano ,C1tUot1d alum Sulu gotlm uari e 30 1u0uraOJoJua 103 `am11a31o3 10 uotleuurapuoo 103 `alugoid `Xoldn.Diutq ui Sutpaaooid u st qons) luaum11su1 Xlunoas sup .spun s142u 10 /puu IC31ado1d aq1 ut 1salalut s,lapua-i 1oa33e Xpueot3rugts 1q2 ur 1u1 2urpaaoo.rd ie2ai a st 01041 (q) luauin1lsui ,Cpunoas sup ur p0uteluoo sluauTaalfe pug sluguanoo aq1 ur1o31ad o1 sitt3 1am0110g (g) 31 luaurna;sui S;Tlnaas spit lapin s;'i ru Flu ,C ;aadoad au; ui ;saaa;ui s,aapua-i ;o uolpa;oad '6 •aouaptsa1 iedtoutld s,lamollog se Xlladold 0413o ,Couudn000 s,lamo11og guiuloouoo suorpeluas01da1 '01 pump you air inq `apniout suotltluasalda1 ietlaleJA ueo' alp g1rm uorloauuoo ur (uoileu1uojut iepaltur 41tm Japua-I apinold 01 paitu3 1o) lapua-i o1 s1uaura1g1s 10 1109eur10310 01emooeut 10 `2u0peaistur `asiu3 ,Ciigtlalgur ana luasuoo 10 apaimou)i s,10M01Jog gltm 10 10M0110g 3o uot1o011p 041 le &utloe satlpua 10 suoslad Cue 10 1amo11og `ssaooid uorltotidde ueo-i all Sup `31 1inuJap ui aq pugs 10mo11og •uoi ;naliddy uuo-i mannoalog •g •asneo aiquuoseal gons 2u1X3toads uotloadsui 1oijaiut uu pus of loud 10 JO aurrl all lu aotlou 10m0110g 0n42 pugs lapua-I •A11ado1d 041 uo sluauianoldun all 30 Joualut all 100ds10 Xeuu lapua-1 `asneo aigeuoseal sal It 3i •X11ado1d 0413o suotioadsut puu uodn saplua aigguoseal a)iuur /Cum luau sli 10 1apua-1 •uopu1o1sa1 Medal gons 3o uoilaidwoo all 103 uotlu2iigo s,lamo.uog jo panatial lou st 10M0110g C11ado1d all a101sai 10 ltudai 01 luatoT.33ns lou ale spaaooid uorleuurapuo0 10 aouelnsut alp 3I •palaiduroo st opom all su sluaur1Cud ssal2oid 3o soTias a ur 10 wow/Cud ai3uts a ut uorlelols0J puu siu dai all 1o3 spaaooid asingstp /Cew lapua'i •sasodind gons 1o3 spaaoold pomp.' set' lapuaq 3t Xiuo ,C11ado1d all 2uuolsa1 10 5uulredal 1o3 aigtsuodsal aq hugs Iamozrog `A31ad01d all `3o &upitl alp 10 `01 02eulep gltm uotlo uI mud are spaaoold uotleuurapuoo 10 aoue1nsur 3I •a2uu.rep 10 uotleloualap 1a41m3 ptone 01 paSuurep 3t filmdom alp Medal ,Cildmo1d hugs 1am0zr0g `atgtsu iiieoturouoo0 100 st 1104eJ01s01 10 ireda11g41 S uotloas of luunsind pautuualap st 11 ssaiun •uotltpuoo slt o1 anp aniun ut 3utsualoap 10 Butlulopalap u1013 ,C11ado1d 041 puanald o1 1ap10 0t /C31ado1d 041 uiuluteur pegs 10m0110g `iilladold 041 ur Surpisal st 1am0110g 100 10 104104M •,C11ado1d alp uo apsem l00111oo 10 0puloualap o1 ,C11adoJd alp moue `X11ado1d 041 i edam 10 ageurep `iCollsap you hugs 1amo11og •suor ;aadsui :B ;aadoad aq; 3o uor;oa;oad puu aaunua;uini4i 'uot ;nnaasaad 'L 10111103 s,lamo110g puo,Caq ale gotgm lsixa sa0uelsumnolto 2utlenualxa ssaiun 10 `pia4lltm ,Cigeuoseamn aq you hugs luasuoo gotlm `2utpum ut saal3e astmlallo lapuaq ssaiun `i(ouedn000 3o alep alp 1a13g 1130, 000 1se011t 103 aouaptsal iedtoupd s,lam0110H se ,Clladold alp Xdn000 op anuiluoo hugs pug luatun psui Iilrmoas sup 3o uotlnoaxa 041 1a13u s,Cep 09 UI4ITM aouaptsai p dtoupd s,lamollog su Xlladold 041 asn put `gstiqulsa `Xdn000 pugs Iam0110g •,foundnoaO '9 •anp ua41 100 10 104204m luaurn11su1 Xlunoas s14p 10 alol\i 0411apun ptudun slunouru ,Cud 0110 X11ado1d 041 0l01s0110 1reda101104110 spaaooid aouemsur 041 asn heir lapuari •,C11ado1d 04130 02u10A00 alp 01 aiquotidde ale OSa2830 916 the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these payments as a non refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires separately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums) As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreement provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is often termed "captive reinsurance." Further: (a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund. (b) Any such agreements will not affect the rights Borrower has if any with respect to the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other law. These rights may include the right to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance terminated automatically, and /or to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrower any interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender's security would be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in Section 2. In the event of a total taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. WYOMING Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT DOCUIWY7 (Page 7 of 12 pages) DOCU1WY7.VTX 11/04/2000 Form 3051 1/01 000Z/40/TT XSA•eXMTnooa (sa8vd ZI fo g a8vd) sxnvnpoa IO /t ISO£ uv03 mamma "IAI aippaad/aeW a!uQe I P" d aISMS ONIMIOAn1 /Cur 0i pzr30z u1 •saa3 uopgnien puu uoiioadsui /ilzadozd `saaj ,s,Cauzoilr `ol pal!Utlt iou inq Tuipnioui luaumzlsui ,Cumoas sup zapun slq !J puu ,C1zadozd all uT Isazaiu! s,zapua' 2uuoalozd jo asodznd alp zoj `ilnujap s,zamoltog g1IM uoiloauuoo uT pauuopad saOinzas zoj saaj zaMOJJOg agi qo /ieuz zapuari •saas43 uuo' °zapua- 3o su2Tssg pun siossaoons all lijauaq puu (oz uoloas uT papinozd su idaoxa) puiq urls luaumzpsul'Clunoas sup jo sluauzaaau pug sluuuanoo alZ •$utium uT asuataz Lions 01 saalau .iapuaj ssatun luaumuisul /Cnznpas sup zapun /C2TITgrll pug suopaTigo S,zamozlOg uzoi3 pomp.' aq 1ou hugs zamozzog •luaumzlsul Xusnoas sup .iapun s1T3auaq pug §1g2u MO/410110g 3o IIg uTglgo imp `zapua'I Xq panocddu s! pug `$uWiM ut ivaumzisui /C1Tmoog sill zapun suouu2Tlgo s,zamo1JOg saumssu ogm zamrzzrg 30 Isamu' uT Jossaoons /Cue `si uoTioas 3o suoTsJnoid all op loafgns •luasuoo S,zaTATs -oo all pnogiim al0N all JO luaumzlsul /ipimoas sup jo suual alp of p4e2az qum suouepouuu000e /Cue mut JO zgagzoj `,C ;Tpout `puma of aal &e uuo zamozzog zalio /Cur pull .zapua- iggi saai (o) pug tluautnzisul /Cnmoas sup Xq pamoas sutras all /ird of paimSTlgo /ittguoszad lou sT (q) `°luatunzpsui /Citmoas sill jo suual all zapun /Cizadozd alp uT isazaiuu s,.zau2Ts -oo alp /Canuoo pug lug13 `aSg$izoul 01 /fluo luaumzlsui Xlimoas sup uivaTs -oo sT (r) zataIs -oo„ u) aloN agi ainoaxa loll saop inq ivaumzisui /i1TmoaS sup susTs -oo oqm zam0zzog Cug `1anamog Iguanas pug luiof aq Hugs /C1TITquTI puu suof1 qgo s,zaMOzzog imp saaasu pug sluguanoo zamozz0g •punog suOissy pus saossaaans :saau2is -co f ;Tiigsi'I IsaanaS pus ;ulof •£i •,Cpauzaz z0 iq a /Cur jo asipzaxa all apnioazd Jo .jo JAM u aq toll slugs `anp uagl lunouiu all uugl Ssat sumo= uT JO zamozzog 4o psazalui uT S10SS opnS JO S Tlfua `suoszad ptTgl umo.4 sivam/cud jo aourldaoog s,zapua -I `uopruu ij 1fl0 Um TutpnlouT X JO 11.14J Allg 2utsTO.taxa ut zapua' /iq aourzuagioj Cud •.MM0.1.10g 30 1Saza1ui uT S1ossaaonS /Cur JO IPA/10110g TgU I0 aq1 /iq apeul purutap ,Cur 3o U0Seaz ,Cq luaumzpsui /ClimoaS sup Xq pamoas sums aqi jo uoIirzII.zou r /C3ipom asTmzagpo JO 1u0uz/igd zoj aunt puma op asnjaz of zo zamonog 4o Isazaiu' uI zossaoons /Cur isuTar ssuTpaaootd aouauzuzoo of pannbaz aq Iou Timis zapua-I °.10mo11og 30 lsatalui uT SJOSSaOOns ,Cur 10 JO/410110g JO ,C1TIigr4 all amp.' 01 aigiado loll Timis JO/410110g 40 1S0101UI uT 10SS DonS AIM JO zamozzog 01 zapua-; Xq puma luaumzisul /iltmoas sup ,Cq pampas sums all 4o uoprzpaouzm 3o uo!lgoiJTpoum 10 puauiXmd .toj au agi jo uoisualxg •aaA►RM s ;oN .apua' ,Cg aousauagio3 tpasuaiaj ;om iannoaaog •zi Z uo11Oas uT 104 papino.td 1ap.to all uT pagddg aq Tiegs /ipzadozd all 3o zredaz JO uot1u101saI of paTlddg lou azu pelp spaaoo.td snoauriiaos1J,4 •zapua-i of pTrd aq pulls pue p0u2Tsse Xgatag azg Xlzadozd all uT lsazaput s,zapuaj 30 luauutrduun alt ri aiquulcipi;r an imp sa rttrp z04 tu!eio z0 pzgmr /tun 40 spaaoozd a4J •luatunzisul /C1T.moaS sup zapun S101I1 10 /Cizad01d 0 q1 Ulf 1s0J0IUT s,zapua14o ivauuTedunr ieizalnut Jaw JO /i1zadozd all Jo aznliajzoj sapnioazd luauapnf a,zapuaJ uT `iug12u4n4 r qum passTuzsip aq o12uTpaaoo.td JO uoppn OLD 2uisnro Xq `61 uoTloas ut papinoId sr almpsuiaz `pazm000 sug uo1iu1alaoor 3T `puu itnuJap u gons ammo uro zamozzog •luaum.tisul /i1T.moaS sup Iapun spiStI z0 /C1.I0dozd 0q1 uT Isamu! 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/C1zad0zd all 30 antun 10)1 to .uuj alp g)Tgm uT /ilzad0zd ag1jo anion uT sari 10 `uotlonzlsap Tuplul TuPzud g 3o puana alt u1 •zam0z10g 0l mud ag iirgs aouetnq ,Cud amen uT swot zo `u0Tlonzpsap `supiul round alt azojaq /ClapeipaunuT /Clzadozd alf 30 amen 10 pnuz JIRj alp (q) /Cq papinip amen uT swot JO `uoIl0nIisap juJpzed alp azojaq /ClaimipautuIT pamoas sums alp 4o lunoure In101 041 (o) :uoiioez3 2uTmoll0j 041 Xq pald!11nuu spaa00zd snoauuliaos1y4l ag140 lunluzg alp ,Cq pa0npaz aq bugs luaumzlsui /C1Tmoas sTg1 /Cq pamoas sums alt qu!1Tzm 0! 00120 asimIagio Iapua-; pun zamozz0g ssaiun `amen uT swot JO `uop0nzpwap `Ouppu1 Igpiod 041 azojaq /ClaluIpamuWT puaumIisul /Cltmoas sup Xq pamoas stuns 041 Jo iunouIO agi ungp .101r0J2 10 01 ionba ST anion uT ssol JO `uoponz1S0p &431r2 round 041 azojaq /Claiutpatuun /ipzadozd 01140 anima 10)IIeuu lTej 041 !pup& uT /Ci1adozd alp 3o antgn uT sari z0 `uoJionzisap Tupinl Imilznd n 4o lima 041 u1 /r6 OCRZ4R0 O 830 other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of WYOMING Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT DQCUIWY9 (Page 9 of 12 pages) DOCU1WY9.VTX 11/04/2000 918 Form 3051 1 /01 Nu ISO£ miu3 000 isoiTS X.A•YSMTAOOa (sa8vd zr fo 01 agvd) OTANd(D0a .LNaNIIIfI.LSNI LARIO3INII aeyX atpp3s3/aeyAT alone I SITtue3 01&.1!S NIINIOAM XII2101.108 ate 121/1 saouelsgns Snop12z2H Jo sapnusnb hews jo /Clladold atp uo a8glols 10 `asn `aouasald 041 of /CIdd2 Iou pugs saoualuas om1 8utpa3ald 041 /illadold aql jo awn alp mom ,Claslanp2 121/1 uotitpuoo 2 sow= aouelsgns snop12z2H g Jo amp.' 10 'asn `aouasa.cd alit 01 anp `gotgm (o) 10 `uotltpuop Ieluawuoltnug u2 sow= gotgm (q) 'mu-4 121uatuuoltnug /Cue jo uotlelotn 1114 st 121/1 (2) Spatial 041 2upaa ;3e 8utgl/cue 'op o1 asp auo/ius mope 1ou'op iou pegs .tamouog •410do1d aql ut io uo `saouelsgns snoplezIH /Cue as2ala. o1 uomal 10 `saouelsgns Snop12z2H Aug jo amp.' io `0821o1s Iesodstp 'asn `aouasald aql lutuod 10 asneo 1ou II2gs .iam ouog •dnuealj I2luawuoltnug ug 10881411 astnuot to 10 `01 alnquluoo `asnuo uuo 121/1 uoptpuoo s su2aw „uoptpuoj 121uawuonnuH„ u2 (p) pus :met I2luawuoltnuH ut pautjap se `uotlo2 Ienowal so 'uo032 'wawa' `uotlos asuodsal /Cue sapnlout „dnuealj leluawuonnuH„ (o) `.uopoalold IeluawuOltnua 10 /Clajls `glluaq 01 aria' Imp paleooj Si /illadold 041 alagm uopotpsunf 0'41 Jo smut pue smut 1giap0j sueaw „mui I2luawuottnuH„ (q) :steualew anpogotps1 pue `apX4aplew103 .io solsagse Butuliluoo slut1a12w 'sluan{os alp2lon `saptotgzatl pue saptopsad otxol `slonpo.td wnaloilad otx0110 alg2utwgj. laglo `auaso.to l 'augosu8 :saouelsgns 3utMOIIoJ 0141 pm mg-4 121uawu0ltnuH /(q s31s2m 10 'sum `saouelsgns snopluz2g 10 otxol s2 pautap saouelsgns asogl 012 „saouelsgns snop12z2H„ :IZ uoioas sup ut pasn s •saauu stns snopaezt3H •IZ *OZ uotpoas SIg1 JO SU0tstn0ld U0002 OA000110O 0)12101 Xltunlloddo pue aopou 0141 /(jspes o1 pawaap aq llegs 141 uopoas of lugnslnd lamouog of uant8 uopelalaooe Jo aopou 041 pue ZZ uotloas 01 lugnslnd 10M0f.10g o1 Uant8 alno 01 /iltunlloddo pue uoi2lalaoo2 3o aotlou 014J, •gd2181U2d sup jo sasodind 10j alg2uosuoi aq 01 pump aq IIIm pouad amp legs `uao121 aq U23 uotlo2 ut2llao aiojoq asap Ism gOitim pouad otup 2 saptnoad Mel algeotlddy 31 •uotlo2 antloauoo 3121 01 aopou lions jo 8utni8 aql Imp pouad algeuoseal 2 olalaq /ClJed .taglo aq1 paplojJ2 pug go2alq pa8a112 gons jo (S1 uoioas jo sluawannba.1 Dip gltm aou2tldwoo ut uant8 aotlou gons gltm) /i112d 1ag10 aq1 pogTou s2q .tapuaZ 10 1a/ 011014 gons Ipun lUawnllsUI /(1t1nOas sup `JO U0S201 /Cg pamo Amp Aug .to ;o uotstnoId Au2 pogoeaiq set /112d .iaglo 0141 121/1 sa2allu 1281 10 luaturinsul Almon sup 01 luensand suopo2 s/i112d 1ag10 0141 wag sasug 1281 (ss2lo 2 jo .iagwaw aql Jo 1u28tlti I2nptntput 112 .aglta s2) uotlo2 mown! 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s,lapual 8ut1Oa1o1d jo asodind 241 10j paunout S3a3 12g10 pue 'saw uopenlen pue uopoadsut /C11adoJd `saaj ,s/cau1o112 algguoS221 `01 paltwtl loll mg '8utpnlout 'luawnIIsul Ammon sup 8uto10pa ut paunout sasuadxa lie s,iud (o) :sluawaa182 10 slu2uanoo 10410 Aug jo 11n23ap Aug sa.mo (q) :paun000 pug 11ot121alaooe ou jI se 210N 2141 pm luawnllsui'(1tmnoas sup lapun anp aq pinoM uotp gotten swns i12 .apu31 s/ted (2) :13Mouog 1241 212 suotltpuoo asogl •luawnulsui /Clunoas sup 8uto103ua luaw8pnf 2 jo ,(1123 (o) .10 !0121S100.1 01 14811 s,lamollog jo uoi2utwlal 041103 /(3ioads 1g8ttu Mel alquotlddd se pouad 13410 4ons (q) `luawnllsul /f19noas sup ut paui2120o ales 3 12MOd /cue 01 lu2ns.md Auodold 04130 ales alojaq s,iep anti (2) 616 o 4;o 0 8 712 8 30 recognized to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, hazardous substances in consumer products). Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any Environmental Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the Property. If Borrower learns, or is notified by any governmental or regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. NON UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If Lender invokes the power of sale, Lender shall give notice of intent to foreclose to Borrower and to the person in possession of the Property, if different, in accordance with Applicable Law. Lender shall give notice of the sale to Borrower in the manner provided in Section 15. Lender shall publish the notice of sale, and the Property shall be sold in the manner prescribed by Applicable Law. Lender or its designee may purchase the Property at any sale. The proceeds of the sale shall be applied in the following order: (a) to all expenses of the sale, including, but not limited to, reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 23. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Security Instrument. Borrower shall pay any recordation costs. Lender may charge Borrower a fee for releasing this Security Instrument, but only if the fee is paid to a third party for services rendered and the charging of the fee is permitted under Applicable Law. 24. Waivers. Borrower releases and waives all rights under and by virtue of the homestead exemption laws of Wyoming. WYOMING Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT DoCUiwYii (Page 11 of 12 pages) DOCUIWYa.VTX 11/04/2000 9 Form 3051 1 /01 OS72S30 ROBERT M. MCCLOUD STATE OF WYOMING COUNTY OF LINCOLN this 23RD Witnes my h Notary Public My Commission Expires: day of APRIL, 2001 ficial seal. March 25, 2002 [Space Below This Line For Acknowledgment] The foregoing instrument was acknowledged before me by ROBERT M. MCCLOUD WYOMING Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT DOCUIWY12 (Page 12 of 12 pages) DOCV1WYC.VTx 11/04/2000 921 BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any Rider executed by Borrower and recorded with it. (Seal) Borrower (Seal) Borrower (Seal) (Seal) Borrower Borrower (Seal) (Seal) Borrower Borrower WA D A N NEW AN NOTARY PUBLIC COUNTY OF� SlA1E0F LINCOLN. P- a" WYOMING My Commission Expires. 3 -25 -0 r ams »*s- "rte.: Form 3051 1/01