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LOAN it: 2072386
(G) "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.
(H) "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]:
Adjustable Rate Rider
Balloon Rider
VA Rider
TRANSFER OF RIGHTS IN THE PROPERTY
Wyoming 83118 "Property Address
[Zip Code]
Condominium Rider
Planned Unit Development Rider
Biweekly Payment Rider
[Street /City]
Second Home Rider
1 -4 Family Rider
Other(s) [specify]
Parcel ID Number: 36192610007400 which currently has the address of
980 SADDLE DRIVE, ETNA
X29
(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final,
non appealable judicial opinions.
(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments, and other
charges that are imposed on Borrower or the Property by a condominium association, homeowners
association or similar organization.
(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check,
draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an
account. Such term includes, but is not limited to, point -of -sale transfers, automated teller machine
transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.
(L) "Escrow Items" means those items that are described in Section 3.
(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by
any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i)
damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property;
(iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and /or
condition of the Property.
(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the
Loan.
(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the
Note, plus (ii) any amounts under Section 3 of this Security Instrument.
(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its
implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time,
or any additional or successor legislation or regulation that governs the same subject matter. As used in this
Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a
"federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan"
under RESPA.
(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not
that party has assumed Borrower's obligations under the Note and /or this Security Instrument.
This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and
modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this
Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, grant and convey to
MERS (solely as nominee for Lender and Lender's successors and assigns) and to the successors and assigns
of MERS the following described property located in the
COUNTY of LINCOLN
[Type of Recording Jurisdiction] [Name of Recording Jurisdiction]
LOT 74 OF NORDIC RANCHES DIVISION NO. 5, LINCOLN COUNTY, WYOMING,
ACCORDING TO THAT PLAT FILED AUGUST 9, 1994 AS INSTRUMENT NO. 787904,
PLAT NO. 311 -D.
(Z) ®6A(WY) (9905).01 CHL (03/00).01 Page 2 of 10 orm 3051 3/99
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9883LOZ NVO1
LOAN 2072386
Funds has been waived by Lender and, if Lender requires, shall furnish to Lender receipts evidencing such
payment within such time period as Lender may require. Borrower's obligation to make such payments and
to provide receipts shall for all purposes be deemed to be a covenant and agreement contained in this Security
Instrument, as the phrase "covenant and agreement" is used in Section 9. If Borrower is obligated to pay
Escrow Items directly, pursuant to a waiver, and Borrower fails to pay the amount due for an Escrow Item,
Lender may exercise its rights under Section 9 and pay such amount and Borrower shall then be obligated
under Section 9 to repay to Lender any such amount. Lender may revoke the waiver as to any or all Escrow
Items at any time by a notice given in accordance with Section 15 and, upon such revocation, Borrower shall
pay to Lender all Funds, and in such amounts, that are then required under this Section 3.
Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply
the Funds at the time specified under RESPA, and (b) not to exceed the maximum amount a lender can
require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and
reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable Law.
The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality,
or entity (including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home
Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified under
RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the
escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and
Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or Applicable
Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower any interest or
earnings on the Funds. Borrower and Lender can agree in writing, however, that interest shall be paid on the
Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds as required by
RESPA.
If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as
defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to
Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than twelve
monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up
the deficiency in accordance with RESPA, but in no more than twelve monthly payments.
Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund to
Borrower any Funds held by Lender.
4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the
extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
Borrower shall promptly discharge any lien which has priority over this Security Instrument unless
Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to
Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or
defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the
enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded;
or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this
Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain
priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Within 10
days of the date on which 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, again risk, hazard
®6A(WY) (9905).01 CHL (03/00).01
23j
Page 4 of 10 Form 3051 3/99
1
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luanazd 011ap10 w i(uodozd aril uinlumw Hugs 1amOUOg `Alzadold am a 2wpisal s! zamouog 1ou JO zatla4M
•Mzadozd 0111 U0 OIsBM 1r111w0O 10 aln10u010p 01 Miodozd atjl moue `Alzadozd ati nedtui 10 afnurnp `i(oi1sap
1ou lints zamouog •suoi ;aadsuI :,f;aadoad at; Jo uoi ;aa ;oad pue aaueua ;ui11ytj 'uOi ;enaasaad •L
•jolluoo s puoAoq azm toi4M lslxa
saouelswnono 8trilnnu0lxa ssajun z0 `p'atgl!M Ajgeuosrrazun oq 1ou fBts mosuo0 t !qm `9upuM ui soargn
°swMZatlo zapun i ssajun `Aouedn000 jo amp atjl lalrn lea i a ro 'seal 1e 1or aouapisaz jndrouud s,10Mouog
se Muadozd aq1 Adn000 01 onupuoo ijegs pue luownzisui ,Cli1noas sign jo uopnoaxa alp Jour sip iilxis urtIIM
°muapisa' j11diouud mamouog se Atrodozd alp osn pun `tsijgeisa `Adno0O Vets zaMouog lauednaao •9
•anp 110211011 10 latpa4M 'rug' wnllsuj i(1um0as sup no 010N
atp zapun pmdun slunotue /Cud o1 iCllad0Zd aril =mar JO nedaz o1 1at110 sp0000id aoueznsui at1 osn Amu
iopuarj •duadold at1 jo aRe1anoo atl of ojgeogdde aze sitgu Bons se zerosui 'Sandal alp 2uponoo saloi'od
aouemsui lie nopun (zamouog iiq pied swniwazd pou1naun jo punraz Niue of ig2tz atjl uet1 zatpo) sig2u
s,10MOUOg jo 10t10 ,Cue (q) pue luawmzisui ail moos sup JO 010N ayi zapun plmdun spume at1 paaoxa of loll
lunowe ue a sp0000id 0ounznsut JCun of sltgu 9,Jomouog (e) lapuari of sugisse Ago1oq zaMouog `asimlatlo
10 z Z tr0p0as zapun rClzadond aril sannborr 1apu0-i ri JO 'mono notlia ui •uanlg Si OOpou at1 ua4M umoq
!pm pouad AeP-O£ au lump am aims pue 01 102au Arm zapun i uatp `lump a arms o1 palarro set 10111110
OOuelnsw at1 1eg1 iopua'j'mg OOpou a of s,Sep p£ uiglim puodsoi loll sow zaMouog 3i 'mum paleja1 pun
wmlo aou11lnsul ajgeliene iiue arms pue aiepo2ou 'am Amu 1apuo -r `iC1.radozd 041 suopuege zamouog Jr
•Z uopo0s ui Jo] paptnold 1apmo am ui patjdde aq Ijrrts sp0000id 0311E1119111 goes •JOMO11og
or pied 'Aug ri `ssaoxa at1 t11M `anp tom loll z0 z0glatm `luawmzlsui Awnoos sl41 Aq pa1noas suns atl
of paijdde oq jjegs spo oozd aourrznsut at1 `pauassaj oq mom Mlunoas s -i zo ajgtsear Ajjnoiwouooa 1ou
si zmdaz 10 uopnlolsal aq1 ri •zaMouog jo uopegijgo 0109 atl oq Hugs pug sp0000id a0unmsui at1 jo 1110 pied
aq loll jjrrts zaMouog Aq p0u 11101 `sound purl 1at10 JO `szalsnfpn oilgnd for saad sp0000id tons uo dupl.=
JO 1s0z0114 !fan zaMouog Amd of pannbaz oq 1ou Vets zapual `sp0000zd a0uemsu tons uo mud oq 01 lsa1amui
sannboi meii ajgeoijddd 10 211pUM ui apeu Si 100W0012e ae ssajufi •palaldwo0 si vom am se sluaw,Ced
ssar2ozd jo sows a ur JO 1uawAed alguis a ui uopelolsal pun szmdaz at1 for sp0000id asmgsip Arm zapun'
•,Cpdwoid umImuapun oq Timis uorloadsui tons 1mg1 papinozd `uouomrsrl11s s,lapu0ri o1 palaldwoo uaaq s11g
41oM at1 01n9II0 01 ,Clzadold tons loadsui of A1iun11oddo urr peg set 1apuo i jpun sp0000id aoueznsui tons plot
of 142p alp aneg Hugs 1apuari `pouad uopnz01s0i pue *do.' tons guunci •pauassaj loll s! 'ilun0as s,zapuarj
pun *meal i(lm0iwouo0a st 1irrdar zo Uopnlolsar atl ri `I(1odozd at1 ro lrndoi 10 11011eio19a1 01 paildde
aq jmgs `lapuo' Aq pannbaz srrM 00uemsui Sup papun atl 1ou 10 1atla4M `spaaoozd aouemsui i(u `2upum
ui aa12e asinu0tpo 1aMOUOg pun 1apa07 ssajufi •zaMouog ,(q Apdwozd apew 1ou ri ssoj jo roozd 0/Wu
Dieu .opuo' j •10puai par 10111110 a0ueznsui at10100pou idwozd 0/4 'jugs IOMOUOg `ssoj JO Juana aq1 ui
•0aAnd ssoj jeuomppn trn sn 1o/pue 002e2110W se lapua' auieu
'legs pue asn1Io 0211211ow pzepunls a apn'our jjrrts ,(oijod tons `,Cpodozd ag1 `ro uopon nsap 10 `01 02eump
zor zapua-' Aq pannban as!MUaglo loll `02e1ano0 aounznsw ro mg; ,Cum sumlgo zamouog ri •saopou I11Mauaz
pun swniwazd mud jo sldiaoaz jje napuo i o1 anlg Apdwond'jnts zamouog `sannbaz zapua-i Jr •solm0trpzao
mM0ua1 pue saiog0d at1 plot o1 142!1 atl anti Hugs 1apu01 •aaked ssoj'rruoplppe urr se 10 /pue 002112lzow
911 lapua' own Timis pue `asnmjo 02e211ow pznpumis a apnj3ar Hugs `soioijod tons anolddnsip 01 14811
s,zapuo i o1 loafgns oq Tints saloijod tons jo sjemauaz pue Jopuo-1 ,(q pannbar sapilod aouemsui IIH
•1uOWJind 2urisanboi zaMouog o1
napua-1 wag aopou uodn `lsazalul tons g11M `algni(rrd oq Pets purr 1uawaszngsip jo amp alp wozu x1111 aloN ail
le 1901alul 1eaq Hugs sIunOUrn °sou, •luawtulsui krunoo9 stgl ,iq p0znoas 1amouog ro'gap Inuorlippe ow000q
Imp g u0r10as sup zapun 10pua7 iiq paszngslP muumuu u &rd •paumlgo annt pjno0 zaMouog 11141 00unmsul
jo woo ail paaoxa Apurr0lriu2ls 1421W paumlgo os 02e1anoo a0uemsui ag1 jo moo atl rip so
zamouog •100rr0 0t Alsno!nald SEM ue 02nnanoo zassaj no 101e012 apinold 148iu pue Alliign?i 10
98£3LO3 NVO1
U c1, A ---3.44
®6A(WY) (9905).01 CHL (03/00).01
Page 6 of 10
InIti
X 33
LOAN it: 2072386
9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If
(a) Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is
a legal proceeding that might significantly affect Lender's interest in the Property and /or rights under this
Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for
enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or
regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is
reasonable or appropriate to protect Lender's interest in the Property and rights under this Security
Instrument, including protecting and/or assessing the value of the Property, and securing and /or repairing
the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which
has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to
protect its interest in the Property and /or rights under this Security Instrument, including its secured position
in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to
make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate
building or other code violations or dangerous conditions, and have utilities turned on or off. Although
Lender may take action under this Section 9, Lender does not have to do so and is not under any duty or
obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized
under this Section 9.
Any amounts disbursed by Lender under this Section 9 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.
If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease.
If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender
agrees to the merger in writing.
10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan,
Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason,
the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that
previously provided such insurance and Borrower was required to make separately designated payments
toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage
substantially equivalent to 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.
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.
Form 3051 3/99
1U1
01. jo L esed 10 Lo•(soss) (AM)d9 :12)
slcwii palliwlad papaaoxa goigm Iamouog wog paloalloo Apeaigg suns Aug (q) puu :uwq pauituiad all or
a8leto oip aanpar op Aiessaoau lunowg 0141 Aq paonpau aq !lugs 081mL3 mot vans Atm (e) :uatll `S1twg pa11tw.ad
alp paaoxa 11g0'I at11 Iptm uouoauuoo ut paloalloo aq o1 I0 paloalloo sa8ueyo unol iatlpo .10 1saralu! alp lgtp
os palaidialui Alluuij sr Am rum pue `sa8ley3 unol wnwtxew seas goiym mill g o1 loafgns sr ueo'1 ay1
•Mm-I alquollddy Aq JO luatunulsul k4rinoas stye Aq paugtaoud Aissaidxa am lull
Saa3 a8iga01ou AEw Iapua-I •aaj tons jo 2ut81gn3 alp uo uoiltgiyoid a su patupsuo0 aq 1ou Treys uam0110g or
oo3 orgtoads m a8mgo of luawniisul Alunaas styli ut Aluoging ssaidxa jo aouasgg 041 `saaj iatpo Aum o1 pse2a1
111 •saaj uougnlen pug uouoadsut A1iadoid `sal; ,sAauioug `01 pouung loll inq `8utpnlout luawrulsul Simms
sIgl iapun sit2u pug Auadoid ay1 ui lsaialut s,.iapuo-j 8uuoaloid jo asodmd 0141 .toj lln1Jap s,aamouog
t1!M uouoauuoo 111 paruuoluad saotnlas uoj saa3 uamouog a81gyo Amu zapua' •sa8aeto ueo-; •17I
•iapuoZ jo su2rsse pull siossaoons aqi itjouaq pull (OZ
uopoas ut paptnoid se ldaoxa) puiq Hugs luawnlpsul A1Un0as sml 3o sivawaai2e pug s1118110n0O 0141 •8urlum
ur OSUMMMI tons or s001& iapu0-I ssalun luawtulsul Alunoas stye iapun A1Tilggtr pug suoug S,10MOUOg
wog pasealai aq IOU huts 10M0110g •1uawnUISUl 4unoas stye iapun sujauoq pug sIg8U s,uamouog
jo pig uieigo !lugs `iapua-I Aq panoiddg sr pug `2ufUM ur luawnusul Al Inoos stye .spun suoum2ggo
S .I0M0UOg sawnssu o4m .raM01.1o8 JO 1S2l211.4 ut iossaoons Aug `81 uouoas 3o suotstnoid all of loafgns
•luasuoo
s,1a118ts -03 01111noyl!M a1ON 041 101uawnI1SUJ Alun0as stt1 Jo stem a41 or p1e201 tpIM suopupoww000u Aug
°Vlew 10 Ie0gJ0J `Alipour 'puma o1 00181 Imo Jamouog iatlo Aug pug IapUa71um 500181 (o) pug :luawnASUI
Alunoas sits Aq painoas scans alp Aud o1 pale2tlgo Allguosiad 1ou St (q) `luawtulsul A1Un0as si413o sw1a1
0141 iapun Auadom am ui 1sa10pw s,1au2ts -00 0111 Aanuoo pug rued `08g81uow or Aluo luawtWSu' A1tlnOaS
stye 8utu2ts -o3 st (g) „iau2is -o3„ u) aloN 041 °hoax° 1ou slop 1nq luawngsul A1UnoaS situ su81s -oo
o4M IaMOUOg Aug `IanamoH Iman05 pug lutof aq !lets Aququrl pull suopu2rlgo s,JoMouog lulu sa0i8u
pug sluguanoo Iamouog •punog su8lssd pile saossaaans :saau2is OD :A ;Iligen 1eaanas pue Iutof •£I
*Avowal 10 14811 Aura 3o astalaxa
all apnlooid JO 3o IOnt1M a aq 1ou !leas `anp uatgl lunourg 0111 um ssal siunowg ui JO lamouog 30 1Saialul
w siossaoons 10 sauuua `suosiad pn41 wog sivawAed ;o a0treidao0g s,lapua7'uouultwil lnotl!M `8utpnlout
Apawai uo 1118U Aug 5uts10laxa ur lapua7 Aq aoumlgaquoj Ally •10M01.10g JO 15010111 u! siossaoons At m
JO iamouog IguIBUo 041 Aq °pew puewap Aug 3o UO00I Aq 111awnulsul Alunoas stye Aq pamoas scans 04130
uopuzplowe Alipow asIMiatlo so 1u0WAgd 103 amp puma or asn3°i or 10 JOMOUOg JO 1S0u0111I 111 uossao0ns
Aug !sum &g s2uipaaooid aouawwoo or pannbai aq 1011 huts Iapu0 •10mouog 30 1s0IaIUI ur siossaoons Aug
.10 IOMOUOg 3o Ai?pquri alp magai 0101guad0 IOU Ilgts Iamouog 30 lsaialul 111 Iossaoons Aug uo Iamo.uog o1
lapua' Aq pawed 1uawnllsul Altmoas slip Aq pamoas suns alp jo uopuziuowe 3o uoumoIJtpow uo 1uawAmd
Io3 aw11 a141 3o uoisu0lxg •Jame% a ;OBI aapua' Ag aaueaeagao,4 :pasealag ;ow aaMOJJOg •ZI
•Z uopoas III I0J paptnold Iapuo alp to
patlddg aq huts Auadoid 014130 Itgdal uo uougu0ISai o1 patlddu Iou ale Imp sp0a001d snoauglla0StJA !Iy
•Iapua-I or mud aq huts pug
pau2issu Agaiaq opt Auadoid 041 ui lsama1u! s,1apua'I jo 1uawltedwt all of ameinwine 0111 1ey1 sa2gwgp 103
urelo 10 p11Mg Aug jo spaaooid atly •luawtulsul Alunoas stye iapun sly8ti JO Ailadoid alp ut Isaialu! s,lapu0•I
jo luawuredwi lurialgu olio 10 AUadoud 0141 JO ain1ta31o3 sapn1o01d `1uaw1pnf s,napuai ur `11141 8ugni
m tptM possrwstp aq 012uip00ooid 10 11011011 all 8utsneo Aq `61 uopoas ui papinold 511 alglsaral `paun000 sgq
uoueual0oou 3i `pug Tropp g tons amo 1100 uaMOJJOH •luawnilsul' !.moos sits iapun s1y2u uo Aliadoid 041 ui
1saraIur s,1ap110'1 JO luawngdwr Ieualew 10410 uo Auadold 04130 001!03103 ut ljnsar pjnoo luaw2pnf s,i0pua-I
ur `let! un2aq Si 11Utwuo JO lino 104104M `8uipaa0oid JO 11011011 Aug jr 1lneJap ui aq Vets JoMo.uog
•Sp00001d
snoauglla0Sm of pig201 ui 1101101130142U g sg4 10MOUGH 1.1.104M 1sure2e A11gd 041 so swami,' snoaugita0sryAl
Iamouog saMO lulu Ailed pump 041 stream „Ailed 8utsoddp„ •anp u0yp roil JO ua41a4M luawn.sul Altinoas
slap Aq pamoas suns a41 of 10 AuadoM alp jo nodal JO U09 101501 01 1atp10 spaa0oud sno011ggl03s!IH ay; Alddg
puu loalloo 01 paztio4ing si uapunZ `uant8 Si aotlou am amp am Ia13g ep 0£ uml1M uapua- or puodsai o1
slre3 10M0U0g `saSetimp Io3 wrel0 g arms or plum um 0)11111 o1 sua33O (aouoluas 1x0u aIg 111 pau13ap se) Alugd
8utsoddp 04111141 i0M0U0g or Iapua'j Aq aopou Ia13e `3r JO `10MOUOg Aq pauopuequ sr Ailadom alp 3I
•anp tom ale stuns am roil so Ia41a4M luawnusUJ Alunoas srtp Aq pamoas
scans alp of patlddg aq !lugs spaaooid snoaue!!oosgi. 011 `Buuu, 111 am asImiatlo uapua-1 pug Iamouog
ssalun `anggn ui ssol so `uouonulsap `8uplel lnumd all oiojaq Alalg!pawut pamoas stuns all 30 lunowg
all uutp ss0l sr anlmn ui ssol so `uouonulsap `8ut?!m1 Igulgd alp alojaq Alalg!pawwt Alladoud 041 3O anlmn
10)1Igw 1re3 alp 4o14M 111 Ailadoid all 3o awn ur ssol 10 `uou0n11sap `811!)!11r retugd a jo lilac° all ui
•1aMOUOg op mud aq help =mug Auy *awn ui SSO! 10 `uouonilsap
`8uplel Igulud ati 010Jaq Alaletp0ww! Aliadoid all 3o anlgn 1a)liew 11e3 atg (q) Aq paptntp awn ut ssol JO
`uouonilsap relied 0111 aiojaq Alalmtpawwt pamoas scans all 3O limo= mar alp (m) :uouog13 8 utmollo3
all Aq paildillnw spaaooud snoaUglla0sm 041 3O lino= 041 Aq paonpau aq huts luawnlpsul Aluf0as
stye Aq pamoas scans 041 `BuuuM ui 001811 as!M1a410 Iapua-I pug Iamouog ssalun `acquit ur ssol uo `uoIOnalsap
`8uplgl p n.nld 041 auojaq Al0lgtpawwr luawnnsul Aljmoas situ Aq pamoas suns all 3O lunoure alp ug41
1area18 uo or lenba sr anlgn 111 sso! uo `uouonxisap `8uplul p n.md all aiopag Alale!Paww! Auadoud all 3O anlmn
ovum 1re3 011 40i4M 111 Ailadoud alp 3o anlgn to ssoi uo `uoponulsap 'Stipp retlued g 30 loan° all uI
98£ZLO2 NVO1
Q n a
0 -,41 4.1
35
LOAN 2072386
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: (a) five days before sale of the Property pursuant to any power of sale contained in this
Security Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower's
right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that
Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as
if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all
expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys'
fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's
interest in the Property and rights under this Security Instrument; and (d) takes such action as Lender may
reasonably require to assure that Lender's interest in the Property and rights under this Security Instrument,
and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged.
Lender may require that Borrower pay such reinstatement sums and expenses 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. Upon reinstatement by Borrower, this
Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had
occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18.
20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the
Note (together with this Security Instrument) can be sold one or more times without prior notice to Borrower.
A sale might result in a change in the entity (known as the "Loan Servicer") that collects iodic Payments
Cik-6A(WY) (9905).01 CHL (03/00).01
InIl
Page a or 10 Form 3051 3/99
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237
LOAN 2072386
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.
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.
Witnesses:
STATE OF WYOMING,
(Seal)
BRENDA DOBBEN Borrower
Teton County ss:
(Seal)
Borrower
(Seal)
Borrower
(Seal)
Borrower
The foregoing instrument was acknowledged before me this 21st day of February, 2001
by Brenda Dobben
My Commission Expires: 9/12/03
(14-6A(WY) (9905).01 CHL (03/00).01 Page 10 of 10
L
QLuALLe
Notary Public
Form 3051 3/99