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Home My WebLink About958156A We Attn: P.O. Bo MAC Billi Fargo c�c ank, N.A. ent Mgt. 1557 -013 s, MT 107 -9900 AFTER RECORDING, RETURN TO: AMERICAN TITLE, INC. P.O. BOX 641010 OMAHA, NE 68164 1010 ATI# 2-0 I 1 0 11 7.1 1217 1� Reference Number: 20110117700019 HCWF #4818 6698- 6241v2 (02/21/09) 111111111111 11111111M11111111111111 [Space Above This Line For Recording Data] SHORT FORM LINE OF CREDIT MORTGAGE RECEIVED 2/16 /2011 at 2:23 PM RECEIVING 958156 BOOK: 762 PAGE: 619 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 000619 Account number: 682 682 0232440 -1XXX DEFINITIONS Words used in multiple sections of this document are defined below. The Master Form Mortgage includes other defined words and rules regarding the usage of words used in this document. (A) "Security Instrument" means this document, which is dated JANUARY 25, 2011, together with all Riders to this document. (B) "Borrower" is MARJORIE A. JOHNSON, TRUSTEE, OR SUCCESSOR IN TRUST, UNDER THE JOHNSON FAMILY TRUST, DATED SEPTEMBER 27,1996, FOR THE BENEFIT OF ROBERT R. JOHNSON, JR. AND MARJORIE A. JOHNSON AND THEIR HEIRS. Borrower is the mortgagor under this Security Instrument. (C) "Lender" is Wells Fargo Bank, N.A.. Lender is a National Bank organized and existing under the laws of the United States of America. Lender's address is 101 North Phillips Avenue, Sioux Falls, SD 57104. Lender is the mortgagee under this Security Instrument. (D) "Debt Instrument" means the loan agreement or other credit instrument signed by Borrower and dated JANUARY 25, 2011. The Debt Instrument states that Borrower owes Lender, or may owe Lender, an amount that may vary from time to time up to a maximum principal sum outstanding at any one time of, TWO HUNDRED THOUSAND AND 00 /100THS Dollars (U.S. $200,000.00) plus interest. Borrower has promised to pay this debt in Periodic Payments and to pay the debt in full not later than seven (7) calendar days after February 25, 2051. (E) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (F) "Loan" means all amounts owed now or hereafter under the Debt Instrument, including without limitation principal, interest, any prepayment charges, late charges and other fees and charges due under the Debt Instrument, and also all sums due under this Security Instrument, plus interest. (G) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: WYOMING -SHORT FORM OPEN -END SECURITY INSTRUMENT (page 1 of 4 pages) Documents Processed 01 -24 -2011, 10:10:22 IN /A X IN /A Leasehold Rider Third Party Rider Other(s) [specify] (H) "Master Form Mortgage" means the Master Form Line of Credit Mortgage dated August 14, 2007, and recorded on August 30, 2007 as Instrument No. 932651 Book 670 at Page 599 609 of the Official Records in the Office of the Recorder of Lincoln County /City, State of Wyoming. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Loan, and all future advances, renewals, extensions and modifications of the Debt Instrument, including any future advances made at a time when no indebtedness is currently secured by this Security Instrument; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Debt Instrument. For this purpose, Borrower does hereby mortgage, grant and convey to Lender and Lender's successors and assigns, with power of sale, the following described property located in the County [Type of Recording Jurisdiction] THE FOLLOWING DESCRIBED REAL ESTATE SITUATE IN THE COUNTY OF LINCOLN, STATE OF WYOMING TO -WIT: LOT 28 BRIDGER VIEW CHES SUBDIVISION, LINCOLN COUNTY, WYOMING AS DESCRIBE ON THE OFFICIAL PL T THEREOF, TOGETHER WITH ALL BUILDINGS, IMPROVEMENTS AND APPURTEN CES THEREON SITUATE OR IN ANYWISE APPERTAINING THERETO. which currently has the address of 182 WEST YELLOWSTONE DRIVE THAYNE [City] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." The Property shall also include any additional property described in Section 20 of the Master Form Mortgage. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances, of record.as of the execution date of this Security Instrument. Borrower warrants and will defend generally the title'to the Property against all claims and demands, subject to any encumbrances of record. MASTER FORM MORTGAGE N/A of Lincoln Wyoming [Name of Recording Jurisdiction] [Street] 83127 [Zip Code] 00u6 "Property Address By the execution and delivery of this Security Instrument, Borrower agrees that all of the provisions of the Master Form Mortgage are hereby, incorporated in their entirety into this Security Instrument. Borrower agrees to be bound by and to perform all of the covenants and agreements in the Master Form Mortgage. A copy of the Master Form Mortgage has been provided to Borrower. WYOMING -SHORT FORM OPEN -END SECURITY INSTRUMENT (page 2 of 4 pages) HCWF #4818 6698- 6241v2 (02/21/09) 111111111111111110111111111111111111111111111111111111 Documents Processed 01 -24 -2011, 10:10:22 BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any Rider executed by Borrower and recorded with it. Borrower also acknowledges receipt of a copy of this document and a copy of the Master Form Mortgage. M !1`' E A. JOHNSON,: USTEE, OR SUCCESSOR IN TRUST, UNDER THE JOHNSON FAMI, DATED SEPTEMBtR 27,1996, FOR THE BENEFIT OF ROBERT R. JOHNSON, Borrower For An Individual Acting In His /Her Own Right: State of A NN v,Qtrai() Lin( M County of This instrument was acknowledged before me on (Lqtk 0,11 v 2.5 20 1 1 (date) by n o a t f. r o N S c)'r, T s (name(s) of persons). LISA STOU0T NOTARY PUBLIC County of Lincoln State of Wyoming My Commission Expires August 10, 2014 (Seal, if any) WYOMING -SHORT FORM OPEN -END SECURITY INSTRUMENT HCWF I 66 II 99 8 n 6 622 Y 41 v Ipp 2 (02/21/09) nn''II 11111 IIII I1111� �p Ig11111NY11INU1l up 1111111 11111/111 Ns .ry 'ublic My Commission Expires: 000621 0,2-01L1 (page 3 of 4 pages) Documents Processed 01 -24 -2011, 10:10:22 For An Individual Trustee Borrower: State of County of This instrument was acknowledged before me on V uC1 r C A J eAr� (name(s) of persons) as TrtA sl- (type of authority, e.g. officer, trustee, etc of 1 11)A5 an, A (name of party on behalf of whom instrument was executed. USA STOUDT NOTARY PUBLIC County of State of Lincoln l" i Wyoming My Commission Expires August 10, 2014 (Seal, if any) ;t,omitle- co\ in WYOMING SHORT FORM OPEN -END SECURITY INSTRUMENT HCWF #4818- 6698 -624 1v2 (02/21/09) 1111111111111111h11111111111IN E JAnua12L\ )2t3t1 (date) by 000622 Dq1 Sep +e,v,ktEJ L 27, l 9 1 bavecT i- OF Rob ea 1• g. Johns L- Notary Public My Commission Expires: At,ly 10, Z.C)1 (page 4 of 4 pages) Documents Processed 01- 24- 2011, 10:10:22 Reference: 20110117700019 Account: 682- 682 0232440 -1998 Wells Fargo Bank, N.A. THIRD PARTY RIDER THIS THIRD PARTY RIDER is made on JANUARY 25, 2011 is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument of the same date given by the undersigned Trustee(s) to secure the Debt Instrument from MARJORIE A. JOHNSON (individually and collectively referred to as the "Debtor to Wells Fargo Bank, N.A. (the "Lender of the same date and covering the property described in the Security Instrument (the "Property and located at: 182 WEST YELLOWSTONE DRIVE, THAYNE, WYOMING 83127 [Property Address] In addition to the covenants and agreements made in the Security Instrument, the undersigned Trustee(s) and Lender further covenant and agree as follows: With respect to the THE JOHNSON FAMILY TRUST (the "Trust the Security Instrument constitutes a third party mortgage /deed of trust and grant of security interest by the undersigned as Trustee(s) of said Trust in the Property to secure the Debt Instrument of the Debtor to the Lender. Consequently, references in the Security Instrument to "Borrower" refer to the undersigned Trustee(s) and the Debtor if the context in which the term is used so requires. Without limiting the generality of the foregoing, the use of the term `Borrower" in the context of warranties, representations and obligations pertaining to the Property shall refer to the undersigned Trustee(s). The use of the term "Borrower" in the context of the requirements under the Debt Instrument shall refer to the Debtor. Except with respect to the obligation(s) of the undersigned as individuals, and not as Trustee(s), with respect to the Debt Instrument before the date first set forth herein above and the obligation(s) of the undersigned as individuals with respect to the Debt Instrument prior to the transfer of the Property into the Trust, the Trust and the undersigned, as Trustee(s), are not liable for the debt evidenced by the Debt Instrument and are a party hereunder only insofar as their interest in the Property is made subject to the Security Instrument. Further, revocation of the Trust, transfer of the Property by the Trust, or death of any Debtor shall constitute an event of default under the Security Instrument. By signing below, the undersigned Trustee(s) accept(s) and agree(s) to the terms and provisions contained in this Third Party Rider. MARJ FAMI p.4 Y E A. JOHNS 6` TRUSTEE, OR SUCCESSOR IN TRUST, UNDER THE JOHNSON RUST, DATED EPTEMBER 27,1996, FOR THE BENEFIT OF ROBERT R. JOHN 3 Party Rider, HCWF #132.v10 (11/15/2008) I�II�WIIIWII�WNIII�IWWIII�INIWB�IIIII��WWIII Attach this Rider to the Security Instrument before Recording 000623 1/1 Documents Processed 01 -24 -2011, 10:10:22