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HomeMy WebLinkAbout872687State of Wyoming Space Above This Line For Recording Data GT -15 -51 -090 (11/96) 1. DATE AND PARTIES. The date of this Mortgage (Security Instrument) is April 12, 2001 the parties, their addresses and tax identification numbers, if required, are as follows: MORTGAGOR: RICHARD C. TRISLER 204 WEST MILL STREET ALPINE, WY 83128 If checked, refer to the attached Addendum incorporated herein, for additional Mortgagors, their signatures and acknowledgments. LENDER: CONSECO FINANCE SERVICING CORP. P.O. BOX 4326 MISSOULA, MT 59806 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Mortgagor's performance under this Security Instrument, Mortgagor grants, bargains, conveys, mortgages and warrants to Lender, with power of sale, the following described property: All of the property located at 204 WEST MILL STREET in the City /Town /Village of ALPINE County of -4 LINCOLN State of WY in which the Borrower has an ownership, leasehold or other legal interest. This property is more particularly described on the schedule titled "Additional Property Description" which is attached hereto as Exhibit A, together with a security interest in that certain 2001 52 X 28 NASHUA mobile home, serial number SR# The Borrower does hereby authorize the Lender or its assigns to obtain a more detailed property description after the Borrower has signed the Mortgage, and to attach Exhibit A after the Borrower has signed the Mortgage. The property is located in LINCOLN 204 WEST MILL STREET (Address) WYOMING-MORTGAGE (NOT FOR FNMA, FHLMC, FHA OR VA USE) O 1994 Bankers Systems, Inc., St. Cloud, MN Form GTH- MTGLAZWY 12/18/96 LPR2043 RECEIVED LINCOLN COUNTY CLERK 812613-1 01 APR 16 PH 2 :53 JEANNE WAGNER KEMMERER, WYOMING BOOK4b2PR PAGE 7 4 MORTGAGE (With Future Advance Clause) at (County) ALPINE Wyoming Jinn (City) (ZIP Code) and GT -15 -51 -090 (11/96) (page 1 of 6) (9 Z abed) (96/1 L) 060 -1S-S L .W soozed1 96/9 LZ L AMZVDD1W HID wood NW 'paoi) 1S 'swalsAS saa )iue9 i'66 'Alaadoad D41 anoadwl ao utElulew o; slelaalew ao angel Alddns o4M sallied 4sule6e aneq Aew Jo6e6a,i0IN sasuajap ao scamp `s4L16p Aue `aapuai Aq palsanbaa se `aapuai o1 u6lsse o1 saaa6e ao6u63aow •luawnalsul Alunaa$ s!q Jo uall alp Jledwl pinoM Imp swlep Aue asuie6e A2.iadoad aLp o1 apll puajap IIIM ao6E61ao j •1uawAed s,ao6e6LioW 6ulauapina sldlaaaa ail pue anp aae slunowe vans aeLll saalpou Ile Jo saldoa mapuai o; apinoad o1 ao 6e61.iolnl aalnbaa Aew mapua -anp uaLgM Almadoad Dip 01 6ullulam sa6ie4p aa410 pue `sapilpn `sluaa punoa6 `sluawAed aseal `saaueagwnaua `suall `sluawssasse 'saxes Ile Aed IIIM mo6E6uaow '311111SNIVDV SWIV13 'L •luasuoa ual3!JM mood s,aapua 1notp!M luawnaop uall atp Aq pampas luawaaa6E JO alou Aue mapun saauunpe aananj Aue lsanbaa of aou jo uolsualxa ao uollealjlpow Aue moue 01 loN 'J aaploq aip woad sanlaaam ao 6e61aoIN 4E44 saallou Aue aapuai 01 aanllap Apdwoad 131 '8 •slueuanoa itE LP!M Aldwoa JO waojaad of pue anp uaLlM sluawAed Ile aNew 01 :saaa6e mo6e6uoW `Auado d atp uo aauuagwnaua ao lsamalul Allapas aopd u paleaaa Imp luawpop uall i q o JO luawaaa6E Alpnaas `lsnal jo paap `a6e6laow aaLpo Aue o1 pae6aa tplM 'S1S31131NI A1121f1D3S 110111d '9 •luawnalsul Alpnaas s143 pue lgaa pampas Dill Jo swaal alll g1lM a3uepa0DDE ul pue anp uatlM pled aq IIIM lgaa pampas ay1 aapun sluawAed Ile 1etp saaa6e ao6e63aoj 'S1N3WAVd '5 •uolsspsaa Jo 446la Dill Jo aallou paalnbam Aue anl6 03 sllej aapua 3! lgap maLllo Aue ampas 1ou IIIM luawnmisul Aipn as s!41 luawnalsul Alunaa$ s!Ll1 Jo swaal ato aapun aapua Aq pau nul sasuadxa pue paauenpe swns aaLpo Aue pue amen s1! pue Alaadomd alll 6ull3aload as!MaaLfo JO 6ulnmasaad `6upnsul aoj mapua- Aq paamnaul sasuadxa pue paauenpe swns IEUOn!ppE !Iwo •mapual pue ao6e61aoW uaaMlaq luawaaa6E luno»E llsodap Aue o1 6ullela4 s1}eapmano moj salllllqull `ol pal!w!I sou lnq '6ulpnpul 'Mel Aq pallglgoad sou wawa at.11 01 'aslme males Aew Lp!LIM `aapuai 01 saMO mo6E63aoiN suope611go IIv 'J •6ullpM alemedas E ul o1 paam6e aq lsnw luawllwwoa 43ns Aub •lunowe Aue ul saauenpe JO sueol aanlnj ao leuolllppe anew o1 luawllwwoa e alnl!lsuoa Ileys luawnmisui A1upas SIL ul 6ulyloN 'luawnnsul Allanaas sit 4 jo amp alp uo apew j! SE pampas aJE suollE6llgo aanlnj .i q o pue saauunpe aanlnj !iv •paauenpe aq laA sou Aew Lied mo lie 46noq uana luawnalsul Allanaas s!Lp Aq painaas amE suolpe6llgo aanlnj aatpo pue saauenpe ainln� Ilb' 'saatpo pue ao6e6uow aaow JO Duo AuE JO 'ao6E61aow aaow ao auo Aue Aq paamnaul ao 01 uanl6 aae 1EL11 suollE6llgo amnlnj pue saauunpe aanlnj Ile aanaas IIIM luawnalsul Al!anaas s!L{1 1u L{3 saaa6e ao6u61moW Llaea `luawnalsul Allanaas dill su6ls uosaad auo ueLl1 wow jl •paauaaajaa AllEaljpads s! luawnalsul Alunaas S L sou ao aaLpaLIM luawnalsul Allanaas slip Jaye palpaxa aapuaw Jo JOA J u! ao6e63moW Aq palnaaxa lgap jo aauapina Jaw ao `AluEaen6 `laealuoa `alou Amosslwoad AuE aapun mapua-i o1 mo6E61aoIAJ jo suo11E6llgo aanlnj maino ao ao6E61aoW of mapuai woad saauenpe aanlnj !iv g •aaTTase pTsd aou ;T auewesangsTp uoTaonaasuoo assT wolg sgauow 09£ uo eTgsSed pus anp sT uoTas2TTgo anogs aqy •saaMoaaog /saaCng £q paannaxa luawaaa8y SaTanoag pus ausaluo0 1uawTTeasui TTa1ag awoy; paan1osjnusyl ao awl TssaaATun v (•.1a 'saw Anan.inw 'sa ;na .1sa ialui `siunown aloe `sawnu ,saaMoaaoq sn Lpns swan apnpu? not mg.) pa3sa66ns sf 1j Mojaq slgap dip 6upuaaaJaa uayM) •suollnlllsgns JO suol)eablpow `sleMauaa `suolsualxa m!a41 lie pue Molaq paquasap lgap jo aauapina aaq 0 ao (s)Aluemen6 `(s)laealuoa `(s)alou Aaosslwoad Ile jo swaal Dill aapun paaanaul lgaa •v :sMolloj se pauljap sl „lgaa paanaas„ Waal a mIl1fd CINV 1834 C132I 'b •luawnalsui Allapas dill ui pauleluoa slueuanoa atp jo Auu wmojaad o1 pue Animas s,aapuai laalomd of luawnalsul Alppas s!q3 jo swaal Dill iapun apew saauenpe of Aldde sou saop uollEllW!I slyl'osld •luawnalsul Alimnaas S!11 04 luensand apew Alp!len sa6.1U43 pue saaj aaipo pue lSam apnpul sou saop lunowe Jo uollel!W!I 51111 paaaxa sou lleys awls auo Aue lE luawnalsul Allanaas 5141 Aq pampas lunowe '1IWI1 NOW /01180 Wf WIXHW „Alaadoad„ SP of paaaajaa IIE) anoge paglmnsap alelsa learn atp jo lied aq 'aanlnm atp ul awls AuE le mo `MOU Aew 1eLll sluawaaeldaa pue `saanlxlj'saanlanals `sluawanomdwl amnlnj pue 6ullslxa HE pue )lank maleM pue'sa1lal!p `s4L16la uelaedla ue malPM Ile 's446p su6 pue 110 's146p leaaulw 'sallIPAoa `saaueualmndde `sluawasua 's1461a Iiu L{1!M mayla o1 8. DUE ON SALE OR ENCUMBRANCE. Lender may, at its option, declare the entire balance of the Secured Debt to be immediately due and payable upon the creation of, or contract for the creation of, any lien, encumbrance, transfer or sale of the Property. This right is subject to the restrictions imposed by federal law (12 C.F.R. 591), as applicable. This covenant shall run with the Property and shall remain in effect until the Secured Debt is paid in full and this Security Instrument is released. 9. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Mortgagor will keep the Property in good condition and make all repairs that are reasonably necessary. Mortgagor shall not commit or allow any waste, impairment, or deterioration of the Property. Mortgagor will keep the Property free of noxious weeds and grasses. Mortgagor agrees that the nature of the occupancy and use will not 'substantially change without Lender's prior written consent. Mortgagor will not permit any change in any license, restrictive covenant or easement without Lender's prior written consent. Mortgagor will notify Lender of all demands, proceedings, claims and actions against Mortgagor, and of any loss or damage to the Property. Lender or Lender's agents may, at Lender's option, enter the Property at any reasonable time for the purpose of inspecting the Property. Lender shall give Mortgagor notice at the time of or before an inspection specifying a reasonable purpose for the inspection. Any inspection of the Property shall be entirely for Lender's benefit and Mortgagor will in no way rely on Lender's inspection. 10. AUTHORITY TO PERFORM. If Mortgagor fails to perform any duty or any of the covenants contained in this Security Instrument, Lender may, without notice, perform or cause them to be performed. Mortgagor appoints Lender as attorney in fact to sign Mortgagor's name or pay any amount necessary for performance. Lender's right to perform for Mortgagor shall not create an obligation to perform, and Lender's failure to perform will not preclude Lender from exercising any of Lender's other rights under the law or this Security Instrument. If any construction on the Property is discontinued or not carried on in a reasonable manner, Lender may take all steps necessary to protect Lender's security interest in the Property, including completion of the construction. 11. ASSIGNMENT OF LEASES AND RENTS. Mortgagor irrevocably grants, bargains, conveys, mortgages and warrants to Lender as additional security all the right, title and interest in and to any and all existing or future leases, subleases, and any other written or verbal agreements for the use and occupancy of any portion of the Property, including any extensions, renewals, modifications or substitutions of such agreements (all referred to as "Leases and rents, issues and profits (all referred to as "Rents Mortgagor will promptly provide Lender with true and correct copies of all existing and future Leases. Mortgagor may collect, receive, enjoy and use the Rents so long as Mortgagor is not in default under the terms of this Security Instrument. Mortgagor agrees that this assignment is immediately effective between the parties to this Security Instrument. Mortgagor agrees that this assignment is effective as to third parties when Lender takes affirmative action prescribed by law, and that this assignment will remain in effect during any redemption period until the Secured Debt is satisfied. Mortgagor agrees that Lender may take actual possession of the property without the necessity of commencing legal action and that actual possession is deemed to occur when Lender, or its agent, notifies Mortgagor of default and demands that any tenant pay all future Rents directly to Lender. On receiving notice of default, Mortgagor will endorse and deliver to Lender any payment of Rents in Mortgagor's possession and will receive any Rents in trust for Lender and will not commingle the Rents with any other funds. Any amounts collected will be applied as provided in this Security Instrument. Mortgagor warrants that no default exists under the Leases or any applicable landlord /tenant law. Mortgagor also agrees to maintain and require any tenant to comply with the terms of the Leases and applicable law. 12. LEASEHOLDS; CONDOMINIUMS; PLANNED UNIT DEVELOPMENTS. Mortgagor agrees to comply with the provisions of any lease if this Security Instrument is on a leasehold. If the Property includes a unit in a condominium or a planned unit development, Mortgagor will perform all of Mortgagor's duties under the covenants, by -laws, or regulations of the condominium or planned unit development. 13. DEFAULT. Mortgagor will be in default if any party obligated on the Secured Debt fails to make payment when due. Mortgagor will be in default if a breach occurs under the terms of this Security Instrument or any other document executed for the purpose of creating, securing or guarantying the Secured Debt. A good faith belief by Lender that Lender at any time is insecure with respect to any person or entity obligated on the Secured Debt or that the prospect of any payment or the value of the Property is impaired shall also constitute an event of default. 1994 Bankers Systems, Inc., St. Cloud, MN Form GTH- MTGLAZWY 12/18/96 576 GT -1 5 -51 -090 (11/96) (page 3 of 6) (9 JO q a6ed) (96/11) 060- IS-S 1-J. 96 /8L /ZL WJod NW'PnoD'1S "U SWa),A U9 g661 luawpop up!! mag10 /0 luawaa /6e Alpnaas `lsnml Jo paap `a6E61aow molmd Aue jo swaal ag1 o1 Dafgns s! spaaaoad jo luawu6lsse 5 141 •luawnalsul Amipas slgl u! papinoad se pallddE aq Him pue sluawAed pamap!SUO) aq IIEys spaaaoad yans •Alaadomd ag1 jo lied Aue a0 IIE }O 6uplul aaglo 10 uolleuwapuoD E 410A palaauuoa sa6Ewep /oj wMEp mo p /eME AuE jo spaaaoad ay1 /apual o1 su6!ssu mo6E61moW •swlEp ao suollpe paglaasap anoqu ail jo AuE u! aweu s,mo6E61mow u! auanaalu! o1 /apuai sazpoglne ao6E61ao01 •suuaw n41° AuE JO `ulewop luau!wa 'uolleuwapuoa g6noig1 Almado /d ag1 jo Hu /o AuE aNel mo aseypand o1 sallllua allgnd mo alen!Jd Aq 'uollpE paualea /g1 mo 6ulpuad AuE Jo 03110U 1dwo1d /apua, aA!6 IIIM ao6E61m01ry 'NOI1VNIN3aNOJ 'L L MEl IE1UawuoJ!AU3 AU! JO uolpelo!A agl mo aauElsgns snopaezeH AuE Jo asealaa paualuaa JO aseala/ a41 01 6upulaa 6ulpaaaomd 10 'w!Ep `uo!le6Usanul paualuaayl .10 6ulpuad Aue s! amayl anallaq o1 uOSEa/ sEy /o6E61aow sE uoos sE 6u111JM u! mapual Aj!1ou Alalelpaww! IIE ao6e61 /ow 0 Mel IE1UaWU0m1AU3 AUE 411M aDUPPJOaae u! 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Allanaas s,aapual pue Auadomd ag1 6ullaalomd as!Maaglo ao 6u1Amasamd '6u11aadsu! `6upnsul moj /apua Aq papmnau! lunowE Aue puEwap uo AEd osir. !gm 1o6E61moIN •luawnmisui AlI /pas slgl UI lueuanoa Auu sa4aeamq 1o6E61aow j sasuadxa s, /apual jo IlE Aed Ol Saam6E /O6E61aovi `MEI Aq pallg!4omd uagM ldaax3 'SISOD NOI1J311O3 !S33d ISA3N1IOLLV !S1NVN3AO3 NO S3DNVAOV !S3SN3dX3 'S 1 •Ule6e suaddeg mo sanUUuoa 1! 3! 1Inejap E Juana a41 /ap!suoa male! 01 1461/ s,mapua1 an!EM 1ou saop mapual '1lnejap S,- 06E61 /00J uo Apawam Aue 6ulspmaxa lou Ag •1lnejap 6unslxa Aue jo amp alaldwo3 aalnba/ o1 146!/ s,mapuai Jo aan!EM a a1n1fsuoa 10U IIEys pall] aaE s6Ulpaaaoad amnsopamol /a13E ao palemalaaaE s1 mo anp s! aaueiuq ag1 /alje lgaa pa /pas alp uo luawAEd MI1 /Ed /o luawAEd u! wns AuE jo mapual Aq aaUEldaaaE a41 •41moj 1as AISSa /dxa lou ao /aypagM 'Al!nba ao Me! 1E pap!AOmd salpawam !!E o1 pappua S! mapua1 a4) puE 'anlsnpxa lou pue aA!lelnwp `laulls!p aaE salpawam I(' •Alaadomd ag1 gas 01 maMOd ay1 'uonellw11 1nogllM `6U!pnpu! sluawpop palEiam AuE pup luawnmisul Awnaas slgl `lgaa pamnaas alp Jo sw/al ay1 'ME! Aq papinoad salpawa/ a41 IIE o1 pallll /a aq llE4s mapual `uolllppu u! •maljEaaa41 awnAuE /O 1lnejap e :o aauammnaao alp uodn 'Me! Aq paminba/ j! aallou 6u1A!6 ma1JE 'aIgPAEd pue anp AIa1Elpaww! awoaaq guys IEdpulad puE lsa /alul panmaaE 'sa6aeya puE saaj paa /6E aq1 jo 1 /Ed Aue JO IIE /apuai jo uoudo ag1 w •1lnejap u1 s! ao6E61aoIN j! Mel Aq pap!Aomd mauUEW E 1.11 luawn /lsul A31 /Haas s!q1 asopa1oJ puE lgaa pa /pas ayl alEmalaa)E Amu /apua1 'AuE 3I `suo11E1!w!I asa41 o1 laafgns •suollPE amnsopamoj aoJ salnpayas awl! 48!lgElsa AEW puE saallou aaLpo ao amp o1 146!a a41 JO aallou LIIIM ao6E61mow aP!no /d o1 mapual a /!nbam IIIM ME( alms puE IE1apaJ `saDUElSUI awns ul '11f1Vd3a NO S3Ia3■311 1,1 08112(1 'i 578 18. INSURANCE. Mortgagor shall keep Property insured against loss by fire, flood, theft and other hazards and risks reasonably associated with the Property due to its type and location. This insurance shall be maintained in the amounts and for the periods that Lender requires. The insurance carrier providing the insurance shall be chosen by Mortgagor subject to Lender's approval, which shall not be unreasonably withheld. If Mortgagor fails to maintain the coverage described above, Lender may, at Lender's option, obtain coverage to protect Lender's rights in the Property according to the terms of this Security Instrument. All insurance policies and renewals shall be acceptable to Lender and shall include a standard "mortgage clause" and, where applicable, "loss payee clause." Mortgagor shall immediately notify Lender of cancellation or termination of the insurance. Lender shall have the right to hold the policies and renewals. If Lender requires, Mortgagor shall immediately give to Lender all receipts of paid premiums and renewal notices. Upon loss, Mortgagor shall give immediate notice to the insurance carrier and Lender. Lender may make proof of loss if not made immediately by Mortgagor. Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to the Secured Debt, whether or not then due, at Lender's option. Any application of proceeds to principal shall not extend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid to the Mortgagor. If the Property is acquired by Lender, Mortgagor's right to any insurance policies and proceeds resulting from damage to the Property before the acquisition shall pass to Lender to the extent of the Secured Debt immediately before the acquisition. 19. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Mortgagor will not be required to pay to Lender funds for taxes and insurance in escrow. 20. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Mortgagor will provide to Lender upon request, any financial statement or information Lender may deem reasonably necessary. Mortgagor agrees to sign, deliver, and file any additional documents or certifications that Lender may consider necessary to perfect, continue, and preserve Mortgagor's obligations under this Security Instrument and Lender's lien status on the Property. 21. JOINT AND INDIVIDUAL LIABILITY; CO SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. If Mortgagor signs this Security Instrument but does not sign an evidence of debt, Mortgagor does so only to mortgage Mortgagor's interest in the Property to secure payment of the Secured Debt and Mortgagor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between Lender and Mortgagor, Mortgagor agrees to waive any rights that may prevent Lender from bringing any action or claim against Mortgagor or any party indebted under the obligation. These rights may include, but are not limited to, any anti deficiency or one action laws. Mortgagor agrees that Lender and any party to this Security Instrument may extend, modify or make any change in the terms of this Security Instrument or any evidence of debt without Mortgagor's consent. Such a change will not release Mortgagor from the terms of this Security Instrument. The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Mortgagor and Lender. 22. APPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrument is governed by the laws of the jurisdiction in which Lender is located, except to the extent otherwise required by the laws of the jurisdiction where the Property is located. This Security Instrument is complete and fully integrated. This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the variations by written agreement. If any section of this Security Instrument cannot be enfo ced accosding.,tw:aitns,.terms,, that ection will be severed and will not affect the enforceability of the remainder of this Security Instrument. enever used, the singular shall include the plural and the plural the singular. The captions and headings f the sections of this Security Instrument are for convenience only and *e not to be used t� interpret or d ine the terms of this Security Instrument. Time is of the essence in this k...,,i 4' 0 A,, 4-0 23. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing. Notice to one mortgagor will be deemed to be notice to all mortgagors. 1994 Bankers Systems, Inc., St, Cloud, MN Form GTH- MTGLAZWV 12/18/96 GT -15 -51 -090 (11/96) (page 5 of 6) (g jo 9 abed) (96/1. 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