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HomeMy WebLinkAbout962912124518 After Recording Return To: Wells Fargo Bank, N.A. Attn: Document Mgt. P.O. Box 31557 MAC B6955 -013 Billings, MT 59107 -9900 RECEIVED 1/25/2012 at 3:56 PM RECEIVING 962912 BOOK: 779 PAGE: 879 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 00879 [Space Above This Line For Recording Data] Reference Number: 20113554900002 Account number: 682 682 0730262 -1XXX SHORT FORM LINE OF CREDIT MORTGAGE DEFINITIONS Words used in multiple sections of this document are defined below. The Master Form Mortgage includes other defined words and riles regarding the usage of words used in this document. (A) "Security Instrument" means this document, which is dated JANUARY 20, 2012, together with all Riders to this document. (B) "Borrower" is ARNDTFELDT PEDERSGN AND REBEKAH J. PEDERS&N, HUSBAND AND WIFE, TENANTS BY THE E NTIRETY. 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 Instrment. (D) "Debt Instrument" means the loan agreement or other credit instrument signed by Borrower and dated JANUARY 20, 2012. 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, TWENTY THOUSAND AND 00 /100THS Dollars (U.S. $20,000.00) 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 20, 2042. (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 1-ICWF #4818- 6698- 6241v2 02/21/09) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIVII�IIII�IIIIIIIIII�II�IIIOIIIINI�I�IIIIIIII I1 (page of 3 pages) Documents Processed 01 -18 -2012, 15:14:22 N /A] N /A1 N/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] SEE EXHIBIT A which currently has the address of BEDFORD [City] MASTER FORM MORTGAGE of Lincoln Wyoming WYOMINORT OM PEN -END SECURITY INSTRUMENT HCWF #4818- 66 -SH 98- 6241v2 FR (02/21 3 1 11 1 1 111 �l��1�I�I�uI��I�011111MIRIMIlII��I��IN N/A [Name of Recording Jurisdiction] 315 STRAWBERRY CREEK [Street] 83112 -0000 "Property Address [Zip Code] 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 lawfiully 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. 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. (page 2 of 3 pages) Documents Processed 01 -18 -2012, 15:14:22 00880 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. RS N EN ARNDTFE REBEKAH J. PEDE For An Individual Acting In His /Her Own Right: State of Ll /�,(7)-y2�i ;Yy. County of instrument was acknowledged before me on 1 r U o)C)`c date) by 1? d ate lY7 (name(s) of persons). GLORIA K. BYERS NOTARY PUBLIC County of Lincoln ff ���a) State of MYCor(tiOr Wyoming P Soptemher 15, 2015 WYOMIN -ORT PEN HCWF #4818 6698- 6241v2 FORM (02/21/O09) -END SECURITY INSTRUMENT II1IIIIIUIIIIIIIIII1IIIIII1II11I1IIIIIIIIIIINIIIIllllllllllw IIIIIIIII III Borrower Borrower Notary Public My Commission Expires: 9 (page 3 of 3 pages) Documents Processed 01 -18 -2012, 15:14:22 00881 124518 EXHIBIT "A" Lot 66 of Amended Plat Bridger Forest Ranches, Lincoln County, Wyoming as described on the official plat filed on February 6, 1975 as Instrument No. 463684 of the records of the Lincoln County Clerk. 00882