HomeMy WebLinkAbout970060AFTER RECOROuvu, rtETURN r�
AMERICAN TITLE, INC.
P.O. BOX 641010
OMAHA, NE 681644010
ATI# a u err
A -r Recording Retu
Wells .rgo Ba .A.
Attn: Doc 41 t Mgt.
P.O. Bo 1
MA :6955 -013
ings, MT 59107 "00
Reference Number: 20130089800065
[Space Above This Line For Recording Data]
Account Number: 682 682 1287494 -1 xxx
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 rules regarding the usage of words used in this document.
(A) "Security Instrument" means this document, which is dated February 23, 2013, together with all Riders to
this document.
(B) "Borrower" is SCOTT M. PARK AND JACKIE PARK, HUSBAND AND WIFE, AS TENANTS BY
THE ENTIRETIES. 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
February 23, 2013. 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 March 23, 2043.
WYOMING -SHORT FORM OPEN -END SECURITY INSTRUMENT (page 1 of 5 pages)
HCWF #4818 6698- 6241v2 (08/18/2012) WY- 107006 -0312 Documents Processed 02 -22 -2013 14:16:06
0,02 8
RECEIVED 3/21/2013 at 2:55 PM
RECEIVING 970060
BOOK: 807 PAGE: 284
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
.(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 [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
[Type of Recording Jurisdiction] [Name of Recording Jurisdiction]
SEE ATTACHED EXHIBIT
WYOMING -SHORT FORM OPEN -END SECURITY INSTRUMENT
HCWF #4818- 6698 -6241 v2 (08/18/2012) WY- 107006 -0312
of Lincoln
which currently has the address of
639 TURNERVILLE ROAD
[Street]
BEDFORD Wyoming 83112 "Property Address
[City] [Zip Code]
00285
(page 2 of 5 pages)
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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
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
HCWF #4818 6698 -6241 v2 (08/18/2012) WY- 107006 -0312
(page 3 of 5 pages)
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00286
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.
JACKIE PARK Borrower
SCOT M. PARK
HCWF #4818 6698 6241 v2 (08/18/2012) WY- 107006 -0312
Borrower
WYOMING -SHORT FORM OPEN -END SECURITY INSTRUMENT (page 4 of 5 pages)
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0O2 S7
For An lndi 'dual Acting In His /Her Own Right:
State'of 0 y Wcr
County of LA Yl0, 0V
This instrument was a.cknowl dged before me on
by o,uq0 6co
of persons)
(Seal, if any)
TERRECE State
SIDDOWAY NOTARYPUBLIC
County of i of
Lincoln Wyoming
M Commission tree Ju 27, 2015
(name(s)
00285
Tic
lsAcCommission Expires: D a7' 15
otary Pu
WYOMING -SHORT FORM OPEN -END SECURITY INSTRUMENT (page 5 of 5 pages)
HCWF #4818 6698 -6241 v2 (08/18/2012) WY- 107006 -0312 Documents Processed 02 -22 -2013 14:16:06
EXHIBIT A
Reference: 20130089800065 Account: 682 682 1287494 -1xxx
Legal Description:
THE FOLLOWING DESCRIBED REAL ESTATE, SITUATE IN LINCOLN COUNTY, AND
STATE OF WYOMING, TO -WIT: THAT PART OF THE NW1 /4SN1/4 OF SECTION 33, T34N,
RI18W, LINCOLN COUNTY, WYOMING, BEING PART OF THOSE TRACTS OF RECORD IN
THE OFFICE OF THE LINCOLN COUNTY CLERK IN BOOK 211 OF P.R., PAGE 586 OF P.R.,
PAGE 635 AND IN BOOK 286 OF P.R., PAGE 184, AS MORE PARTICULARLY DESCRIBED
ON THE ATTACHED "DESCRIPTION FOR JOSEPH A. HEINER, JR., SCOTT PARK TRACT
REVISED, A LEGAL DESCRIPTION SIGNED BY MARLOWE A. SCHERBEL AND DATED 5
SEPTEMBER, 1995, REVISED 7 OCTOBER, 1995. AND FURTHER DESCRIBED AS: THAT
PART OF THE NW 1 /4SW I /4 OF SECTION 33, T34N, RI 18W, LINCOLN COUNTY, WYOMING,
BEING PART OF THOSE TRACTS OF RECORD IN THE OFFICE OF THE CLERK OF
LINCOLN COUNTY IN BOOK 211 OF PHOTOSTATIC RECORDS ON PAGE 586, IN BOOK 247
OF PHOTOSTATIC RECORDS ON PAGE 635 AND IN BOOK 286 OF PHOTOSTATIC
RECORDS ON PAGE 184, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST
CORNER OF THAT TRACT OF RECORD IN SAID OFFICE IN BOOK 329 OF PHOTOSTATIC
RECORDS ON PAGE 599 MARKED BY A 5/8 INCH X 24 INCH STEEL REINFORCING ROD
WITH A 2 INCH ALUMINUM CAP INSCRIBED, "PE LS 3514 ON THE WEST LINE OF
SAID NW1 /4SW1/4, SOUTH, 620.07 FEET FROM THE NORTHWEST CORNER OF SAID
NW1 /4SW1/4; THENCE N88 DEGREES 23 MINUTES 00 SECONDS E, 173.84 FEET, ALONG
THE SOUTHERLY LINE OF SAID TRACT OF RECORD IN BOOK 329, TO THE SOUTHEAST
CORNER THEREOF; THENCE CONTINUING N88 DEGREES 23 MINUTES 00 SECONDS E,
76.16 FEET, ALONG A SOUTHERLY LINE OF THAT TRACT OF RECORD IN SAID OFFICE IN
BOOK 329 OF PHOTOSTATIC RECORDS ON PAGE 597, TO A SOUTHEAST POINT OF SAID
TRACT; THENCE N00 DEGREES 15 MINUTES 25 SECONDS E, 107.73 FEET, ALONG AN
EXISTING FENCE TO A POINT; THENCE S89 DEGREES 42 MINUTES 55 SECONDS E,
184.71 FEET, ALONG AN EXISTING FENCE TO A POINT; THENCE NOl DEGREES 02
MINUTES 22 SECONDS E, 45.93 FEET, ALONG AN EXISTING FENCE TO A POINT;
THENCE S89 DEGREES 55 MINUTES 45 SECONDS E, 64.31 FEET, ALONG AN EXISTING
FENCE TO A POINT; THENCE SOUTH, 415.69 FEET, ALONG A LINE PARALLEL WITH SAID
WEST LINE, TO A POINT; THENCE N89 DEGREES 22 MINUTES 19 SECONDS W, 500.26
FEET TO A POINT ON SAID WEST LINE; THENCE NORTH, 250.51 FEET, ALONG SAID
WEST LINE, TO THE CORNER OF BEGINNING; ENCOMPASSING AN AREA OF 3.65 ACRES,
MORE OR LESS; THE BASE BEARING FOR THIS SURVEY IS THE WEST LINE OF THE
SW 1/4 OF SECTION 33, T34N, R118W, BEING NORTH; EACH "CORNER" FOUND AS
DESCRIBED IN THE CORNER RECORD FILED IN THE OFFICE OF THE CLERK OF
LINCOLN COUNTY; EACH "POINT" MARKED BY A 5/8 INCH X 24 INCH STEEL
REINFORCING ROD WITH A 2 INCH ALUMINUM CAP INSCRIBED "SURVEYOR SCHERBEL
LTD BIG PINEY WY PLS 5368 WITH APPROPRIATE DETAILS. APN: 341833300292
Exhibit A, HE101033 CDP.V1 07/2004 1/1
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00289