HomeMy WebLinkAbout968864AFTER RECCY3 1~;1W1, hies °iit,it0110:
AMERICAN 'TITLE:, INN.
P.O. t.0X 641010
OMAHA, NE 68164 -1010
ATI# ZU t2, loo Q
After Recording R)(urn To:
Wells Fargo Bank, N.A.
Attn: Document Mgt.
P.O. Box 31557
MAC B6955 -013
Billings, MT 59107 -9900
[Space Above This Line For Recording Data]
RECEIVED 1/4/2013 at 4:03 PM
RECEIVING 968864
BOOK: 802 PAGE: 150
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Reference Number: 20122919600075 Account Number: 682 -682 1188356 -1xxx
SHORT FORM LINE OF CREDIT MORTGAGE
4Y 1.
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 November 30, 2012, together with all Riders
to this document.
(B) "Borrower" is MARVIN R. BAHR AND MARCIA H. BAHR, HUSBAND AND WIFE, AS JOINT
TENANTS WITH RIGHT OF SURVIVORSHIP, AND NOT AS TENANTS IN COMMON. 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
November 30, 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, FIFTY THOUSAND
AND 00 /100THS Dollars (U.S. $50,000.00) 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 December 30, 2042.
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(E) "Property" means the property that is described below under the heading "Transfer of Rights in the
Phiperty."
(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.
(6) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders
are to be executed by Borrower [mark as applicable]:
N/A Leasehold Rider
N/A Third Party Rider
N/A Other(s) [specify] N/A
(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 of Lincoln
[Type of Recording Jurisdiction] [Name of Recording Jurisdiction]
THE FOLLOWING DESCRIBED TRACT OF LAND IN LINCOLN COUNTY, STATE OF WYOMING,
TO- WIT:PLOT #66, IN FERTILE ACRES SUBDIVISION, SECOND FILING AS SHOWN ON THE
OFFICIAL RECORDS OF LINCOLN COUNTY CLERK, IN KEMMERER, LINCOLN COUNTY,
WYOMING. TOGETHER WITH WATER RIGHTS THEREUNTO.
which currently has the address of
370 FLOYD DRIVE
[Street]
BEDFORD Wyoming 83112 "Property Address
[City] [Zip Code]
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00I_5.
TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
a 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
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.
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BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this
S.,�;urity 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.
MARCIA H BAHR Borrower
MARVAHR
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001.51
Borrower
For An IncUvidual Acting In His /Her Own Right:
State of 00 rW f
County of Lc
of persons)
(Seal, if any)
This ins rument was a nowle ged before ,e on OSJ(t
by I L i1 f�1U r MI A
TERRECE SIDDOWAY NOTARY PUBLIC
County of State of
Uncoln Wyoming
Commission Tres Ju 27, 2015
ary Public
My Commission Expt 1f 3
(name(s)
1O
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