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9 B 9190180
0870616
865
D. The increase of the interest rate on the indebtedness secured hereby to
the local institutional mortgage lending rate for similar mortgage indebtedness at the time
of such sale, conveyance or transfer;
E. The payment by Mortgagors of reasonable expenses incurred by
Mortgagees in reviewing the information and materials submitted by Mortgagors regarding
the determination set forth above, including reasonable attorney's fees incur ed., y.,
Mortgagees.
9. The acceptance of this Mortgage and the note it secures by the Mortgagees shall
be an acceptance of the terms and conditions contained herein.
10. Any notice required to be given to any person hereunder, or under the terms of the
Promissory Note secured hereby, shall be deemed to have been given when personally
delivered or when deposited in the United States mail, postage prepaid, and addressed as
follows:
If to Mortgagors:
Buckley D. Fairbanks and Shelley D. Fairbanks
P.O. Box 3881
Jackson, Wyoming 83001
If to Mortgagees:
Robert B. Lunger and Judith A. Lunger, Trustees
P.O. Box 941
Jackson, WY 83001
or to such other address, as shall be specified in writing from time to time in accordance
with the provisions hereof. Any notice so mailed shall for all purposes hereof be deemed
to have been personally served upon such party on the date when such notice is deposited
in the United States mail.
11. The covenants herein contained shall bind and the benefits and advantages shall
inure to the respective heirs, devisees, legatees, executors, administrators, successors and
assigns of the parties hereto.
Witness my hand and official seal.
My Commission expires:q—
DATED this 3 day of January, 2001.
Page 3
Buckley D. airbanks
b. audicuLgo
Shelley D. F rbanks
STATE OF WYOMING
ss.
COUNTY OF i 4-5')
The foregoing Mortgage was acknowledged before me by Mickley D. Fairbanks and
Shelley D. Fairbanks, husband and wife, this Svetslay of M1UA a y 2001.