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HomeMy WebLinkAbout972058After Recording Return To: BANK OF AMERICA, N.A. Doc Processing TX2- 979 -01 -19 4$00 Amon Carter Blvd. Ft. Worth, TX 76155 Prepared By: a 4 9 O( al BARTOSZ GRALCZYK DEFINITIONS Mortgage -WY 2006 -WY (05 /08)(d /i) 2 3 9 9 1 [Space Above This LI 19 [Escrow MOR Words used in multiple sections of this document are clef 20 and 21. Certain rules regarding the usage of words used (A) "Security Instrument" means this document, whi Riders to this document. (B) "Borrower" is LARRY R. KANGAS, AND Borrower is the mortgagor under this Security Inst•u.nent. (C) "Lender" is BANK OF AMERICA, N.A. Lender is a NATIONAL ASSOCIATION organized and existing under the laws of THE UNITED Lender's address is 101 South Tryon Street, Charlotte, NC 2 Lender is the mortgagee under this Security Instrument. (D) "Note" means the promissory note signed by Borro that Borrower owes Lender ONE HUNDRED SIXTY FOUR THOUSAND TWO HUN Dollars (U.S. 164, 200.00 plus interest. Payments and to pay the debt in full not later than JULY (E) "Property" means the property that is described bel (F) "Loan" means the debt evidenced by the Note, plus Note, and all sums due under this Security Instrument, plu (G) "Riders" means all Riders to this Security Instrum be executed by Borrower [check box as applicable]: Adjustable Rate Rider Condominium Balloon Rider Planned Unit De VA Rider Biweekly Payme (H) "Applicable Law" means all controlling applicabl administrative rules and orders (that have the effect o opinions. WYOMING Single Family Fannie Mae /Freddie Mac UNIFORM Pa CEIVED 7/17/2013 at 2:29 PM RECEIVING 972058 BOOK: 815 PAGE: 860 JEANNE WAGNER OLN COUNTY CLERK, KEMMERER, WY ne For Recording Data] 989 losing GAGE *007306013 [Doc ID d below and other words are defined in Sections 3, 11, 13, 18, n this document are also provided in Section 16. h is dated JUNE 22 2013 AROL M KANGAS, HUSBAND AND WIFE, TATES 255 er and dated JUNE 22, 2 013 RED and 00 /100 er elopment Rider t Rider e1 of9 Second Home Rider 1 -4 Family Rider Other(s) [specify] together with all The Note states orrower has promised to pay this debt in regular Periodic 01, 2043 w under the heading "Transfer of Rights in the Property." terest, any prepayment charges and late charges due under the interest. t that are executed by Borrower. The following Riders are to federal, state and local statutes, regulations, ordinances and law) as well as all applicable final, non appealable judicial STRUMENT Form 3051 1/01 2 4 7 5 8 0 0 7 3 0 0 0 0 0 2 0 0 6- 0860 DOC ID *007306013 (I) "Community Association Dues, Fees, and Assessm means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominiufn association, homeowners association or similar organization. (J) "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 elez-sonic 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. (K) "Escrow Items" means those items that are describe I in Section 3. (L) "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. (M) "Mortgage Insurance" means insurance protecting L °nder against the nonpayment of, or default on, the Loan. (N) "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 (0) "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 night 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 loar" under RESPA. (P) "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. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender: (i) the repaym: 1t of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's cover ants and agreements under this Security Instrument and the Note. 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] SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. Parcel ID Number: 34180640106100 39 WEST STREET, [Street/City Wyoming 8 312 7 "Property Address [Zip Code] TOGETHER WITH all the improvements now appurtenances, and fixtures now or hereafter a part of the by this Security Instrument. All of the foregoing is referred BORROWER COVENANTS that Borrower is lawf mortgage, grant and convey the Property and that the Pr Borrower warrants and will defend generally the title to encumbrances of record. THIS SECURITY INSTRUMENT combines unifor limited variations by jurisdiction to constitute a uniform se: UNIFORM COVENANTS. Borrower and Lender coy 1. Payment of Principal, Interest, Escrow Item pay when due the principal of, and interest on, the debt charges due under the Note. Borrower shall also pay funds the Note and this Security Instrument shall be made in U.S. by Lender as payment under the Note or this Security Ins: any or all subsequent payments due under the Note and th forms, as selected by Lender: (a) cash; (b) money order; check, provided any such check is drawn upon an in instrumentality, or entity; or (d) Electronic Funds Transfer. Mortgage -WY 2006 -WY (05/08) Pa which currently has the address of TAR VALLEY RANCH r hereafter erected on the property, and all easements, roperty. All replacements and additions shall also be covered o in this Security Instrument as the "Property." ly seised of the estate hereby conveyed and has the right to perty is unencumbered, except for encumbrances of record. he Property against all claims and demands, subject to any covenants for national use and non uniform covenants with rity instrument covering real property. nant and agree as follows: Prepayment Charges, and Late Charges. Borrower shall videnced by the Note and any prepayment charges and late for Escrow Items pursuant to Section 3. Payments due under currency. However, if any check or other instrument received ument is returned to Lender unpaid, Lender may require that Security Instrument be made in one or more of the following c) certified check, bank check, treasurer's check or cashier's titution whose deposits are insured by a federal agency, WYOMING Single Family Fannie Mae /Freddie Mac UNIFORM I STRUMENT Form 3051 1/01 2 of 9 0861 Payments are deemed received by Lender when rec location as may be designated by Lender in accordance wi payment or partial payment if the payment or partial pay accept any payment or partial payment insufficient to brin, prejudice to its rights to refuse such payment or partial pa payments at the time such payments are accepted. If each Lender need not pay interest on unapplied funds. Lender to bring the Loan current. If Borrower does not do so wit funds or return them to Borrower. If not applied earlier, s under the Note immediately prior to foreclosure. No offs against Lender shall relieve Borrower from making pay performing the covenants and agreements secured by this S 2. Application of Payments or Proceeds. Except and applied by Lender shall be applied in the following ord under the Note; (c) amounts due under Section 3. Such pay which it became due. Any remaining amounts shall be a' under this Security Instrument, and then to reduce the princ If Lender receives a payment from Borrower for a de to pay any late charge due, the payment may be applied to Periodic Payment is outstanding, Lender may apply any Periodic Payments if, and to the extent that, each payment payment is applied to the full payment of one or more Perin due. Voluntary prepayments shall be applied first to any pr Any application of payments, insurance proceeds, or not extend or postpone the due date, or change the amount, 3. Funds for Escrow Items. Borrower shall pay to until the Note is paid in full, a sum (the "Funds to provi and other items which can attain priority over this Sec (b) leasehold payments or ground rents on the Property, if under Section 5; and (d) Mortgage Insurance premiums, if payment of Mortgage Insurance premiums in accordanc "Escrow Items." At origination or at any time during t Association Dues, Fees, and Assessments, if any, be escro an Escrow Item. Borrower shall promptly furnish to Lender shall pay Lender the Funds for Escrow Items unless Lende Escrow Items. Lender may waive Borrower's obligation to Any such waiver may only be in writing. In the event o payable, the amounts due for any Escrow Items for which requires, shall furnish to Lender receipts evidencing suc Borrower's obligation to make such payments and to provi and agreement contained in this Security Instrument, as t Borrower is obligated to pay Escrow Items directly, pursua Escrow Item, Lender may exercise its rights under Section under Section 9 to repay to Lender any such amount. Lend time by a notice given in accordance with Section 15 and, and in such amounts, that are then required under this Secti Lender may, at any time, collect and hold Funds in a the time specified under RESPA, and (b) not to exceed the shall estimate the amount of Funds due on the basis of c Escrow Items or otherwise in accordance with Applicable The Funds shall be held in an institution whose depo (including Lender, if Lender is an institution whose deposi shall apply the Funds to pay the Escrow Items no later th Borrower for holding and applying the Funds, annually a unless Lender pays Borrower interest on the Funds and Ap agreement is made in writing or Applicable Law requires i pay Borrower any interest or earnings on the Funds. Borr shall be paid on the Funds. Lender shall give to Borrower, by RESPA. If there is a surplus of Funds held in escrow, as defi excess funds in accordance with RESPA. If there is a short shall notify Borrower as required by RESPA, and Borro shortage in accordance with RESPA, but in no more than escrow, as defined under RESPA, Lender shall notify Borr. the amount necessary to make up the deficiency in accorda Upon payment in full of all sums secured by this Secu Funds held by Lender. 4. Charges; Liens. Borrower shall pay all taxes, a Property which can attain priority over this Security Instr any, and Community Association Dues, Fees, and Assess Borrower shall pay them in the manner provided in Section WYOMING Single Family Fannie Mae /Freddie Mac UNIFORM I Mortgage -WY 2006—WY (05/08) Pag DOC ID *007306013 ved at the location designated in the Note or at such other the notice provisions in Section 15. Lender may return any ents are insufficient to bring the Loan current. Lender may the Loan current, without waiver of any rights hereunder or ents in the future, but Lender is not obligated to apply such riodic Payment is applied as of its scheduled due date, then .y hold such unapplied funds until Borrower makes payment a reasonable period of time, Lender shall either apply such h funds will be applied to the outstanding principal balance or claim which Borrower might have now or in the future ents due under the Note and this Security Instrument or urity Instrument. otherwise described in this Section 2, all payments accepted of priority: (a) interest due under the Note; (b) principal due ents shall be applied to each Periodic Payment in the order in died first to late charges, second to any other amounts due al balance of the Note. nquent Periodic Payment which includes a sufficient amount he delinquent payment and the late charge. If more than one payment received from Borrower to the repayment of the n be paid in full. To the extent that any excess exists after the is Payments, such excess may be applied to any late charges ayment charges and then as described in the Note. iscellaneous Proceeds to principal due under the Note shall f the Periodic Payments. ender on the day Periodic Payments are due under the Note, for payment of amounts due for: (a) taxes and assessments ity Instrument as a lien or encumbrance on the Property; y; (c) premiums for any and all insurance required by Lender y, or any sums payable by Borrower to Lender in lieu of the with the provisions of Section 10. These items are called term of the Loan, Lender may require that Community d by Borrower, and such dues, fees and assessments shall be 11 notices of amounts to be paid under this Section. Borrower waives Borrower's obligation to pay the Funds for any or all ay to Lender Funds for any or all Escrow Items at any time. such waiver, Borrower shall pay directly, when and where ayment of Funds has been waived by Lender and, if Lender payment within such time period as Lender may require. e receipts shall for all purposes be deemed to be a covenant e phrase "covenant and agreement" is used in Section 9. If to a waiver, and Borrower fails to pay the amount due for an and pay such amount and Borrower shall then be obligated may revoke the waiver as to any or all Escrow Items at any on such revocation, Borrower shall pay to Lender all Funds, 3. amount (a) sufficient to permit Lender to apply the Funds at aximum amount a lender can require under RESPA. Lender rent data and reasonable estimates of expenditures of future w. its are insured by a federal agency, instrumentality, or entity are so insured) or in any Federal Home Loan Bank. Lender n the time specified under RESPA. Lender shall not charge alyzing the escrow account, or verifying the Escrow Items, icable Law permits Lender to make such a charge. Unless an erest to be paid on the Funds, Lender shall not be required to wer and Lender can agree in writing, however, that interest ithout charge, an annual accounting of the Funds as required ed under RESPA, Lender shall account to Borrower for the e of Funds held in escrow, as defined under RESPA, Lender r shall pay to Lender the amount necessary to make up the monthly payments. If there is a deficiency of Funds held in er as required by RESPA, and Borrower shall pay to Lender e with RESPA, but in no more than 12 monthly payments. ty Instrument, Lender shall promptly refund to Borrower any sessments, charges, fines, and impositions attributable to the ent, leasehold payments or ground rents on the Property, if nts, if any. To the extent that these items are Escrow Items, TRUMENT Form 3051 1/01 3 of 9 0862 Borrower shall promptly discharge any lien which (a) agrees in writing to the payment of the obligation sec long as Borrower is performing such agreement; (b) conte the lien in, legal proceedings which in Lender's opinio proceedings are pending, but only until such proceeding agreement satisfactory to Lender subordinating the lien to the Property is subject to a lien which can attain priori notice identifying the lien. Within 10 days of the date on one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one -time char by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the i insured against loss by fire, hazards included within the t not limited to, earthquakes and floods, for which Lender amounts (including deductible levels) and for the period preceding sentences can change during the term of the chosen by Borrower subject to Lender's right to disap unreasonably. Lender may require Borrower to pay, in co zone determination, certification and tracking services; certification services and subsequent charges each time affect such determination or certification. Borrower shall Federal Emergency Management Agency in connection an objection by Borrower. If Borrower fails to maintain any of the coverages Lender's option and Borrower's expense. Lender is unde coverage. Therefore, such coverage shall cover Lender, bu Property, or the contents of the Property, against any risk, than was previously in effect. Borrower acknowledges significantly exceed the cost of insurance that Borrower this Section 5 shall become additional debt of Borrower interest at the Note rate from the date of disbursement an to Borrower requesting payment. All insurance policies required by Lender and re disapprove such policies, shall include a standard mortg additional loss payee. Lender shall have the right to h Borrower shall promptly give to Lender all receipts of pai of insurance coverage, not otherwise required by Lender, include a standard mortgage clause and shall name Lender In the event of loss, Borrower shall give prompt noti of loss if not made promptly by Borrower. Unless Len proceeds, whether or not the underlying insurance was re Property, if the restoration or repair is economically feasib restoration period, Lender shall have the right to hold su inspect such Property to ensure the work has been comple be undertaken promptly. Lender may disburse proceeds fo progress payments as the work is completed. Unless an ag to be paid on such insurance proceeds, Lender shall not proceeds. Fees for public adjusters, or other third parties proceeds and shall be the sole obligation of Borrower. If t' security would be lessened, the insurance proceeds shal whether or not then due, with the excess, if any, paid to provided for in Section 2. If Borrower abandons the Property, Lender may file matters. If Borrower does not respond within 30 days to settle a claim, then Lender may negotiate and settle the cl either event, or if Lender acquires the Property under (a) Borrower's rights to any insurance proceeds in an am Security Instrument, and (b) any other of Borrower's right by Borrower) under all insurance policies covering the P the Property. Lender may use the insurance proceeds eit under the Note or this Security Instrument, whether or not 6. Occupancy. Borrower shall occupy, establish, 60 days after the execution of this Security Instrument an residence for at least one year after the date of occupancy, not be unreasonably withheld, or unless extenuating circu 7. Preservation, Maintenance and Protection damage or impair the Property, allow the Property to Borrower is residing in the Property, Borrower shall deteriorating or decreasing in value due to its condition restoration is not economically feasible, Borrower shat deterioration or damage. If insurance or condemnation pri WYOMING Single Family Fannie Mae /Freddie Mac UNIFORM Mortgage -WY 2006 -WY (05/08) r r 0 e t e l 0 u 0 a a e r DOC ID *007306013 as priority over this Security Instrument unless Borrower: r by the lien in a manner acceptable to Lender, but only so t. the lien in good faith by, or defends against enforcement of operate to prevent the enforcement of the lien while those re concluded; or (c) secures from the holder of the lien an is Security Instrument. If Lender determines that any part of ever this Security Instrument, Lender may give Borrower a h ch that notice is given, Borrower shall satisfy the lien or take for a real estate tax verification and /or reporting service used ovements now existing or hereafter erected on the Property "extended coverage," and any other hazards including, but quires insurance. This insurance shall be maintained in the hat Lender requires. What Lender requires pursuant to the pan. The insurance carrier providing the insurance shall be eve Borrower's choice, which right shall not be exercised ection with this Loan, either: (a) a one -time charge for flood (b) a one -time charge for flood zone determination and appings or similar changes occur which reasonably might o be responsible for the payment of any fees imposed by the the review of any flood zone determination resulting from escribed above, Lender may obtain insurance coverage, at o obligation to purchase any particular type or amount of ight or might not protect Borrower, Borrower's equity in the and or liability and might provide greater or lesser coverage at the cost of the insurance coverage so obtained might uld have obtained. Any amounts disbursed by Lender under ured by this Security Instrument. These amounts shall bear hall be payable, with such interest, upon notice from Lender als of such policies shall be subject to Lender's right to clause, and shall name Lender as mortgagee and /or as an the policies and renewal certificates. If Lender requires, remiums and renewal notices. If Borrower obtains any form damage to, or destruction of, the Property, such policy shall mortgagee and /or as an additional loss payee. to the insurance carrier and Lender. Lender may make proof r and Borrower otherwise agree in writing, any insurance red by Lender, shall be applied to restoration or repair of the and Lender's security is not lessened. During such repair and insurance proceeds until Lender has had an opportunity to d to Lender's satisfaction, provided that such inspection shall he repairs and restoration in a single payment or in a series of ement is made in writing or Applicable Law requires interest required to pay Borrower any interest or earnings on such etained by Borrower shall not be paid out of the insurance restoration or repair is not economically feasible or Lender's e applied to the sums secured by this Security Instrument, ower. Such insurance proceeds shall be applied in the order egotiate and settle any available insurance claim and related notice from Lender that the insurance carrier has offered to The 30 -day period will begin when the notice is given. In ction 22 or otherwise, Borrower hereby assigns to Lender nt not to exceed the amounts unpaid under the Note or this other than the right to any refund of unearned premiums paid erty, insofar as such rights are applicable to the coverage of to repair or restore the Property or to pay amounts unpaid en due. d use the Property as Borrower's principal residence within hall continue to occupy the Property as Borrower's principal nless Lender otherwise agrees in writing, which consent shall tances exist which are beyond Borrower's control. f the Property; Inspections. Borrower shall not destroy, eriorate or commit waste on the Property. Whether or not intain the Property in order to prevent the Property from nless it is determined pursuant to Section 5 that repair or promptly repair the Property if damaged to avoid further eeds are paid in connection with damage to, or the taking of, STRUMENT Form 3051 1/01 4 of 9 0863 DOC ID *007306013 the Property, Borrower shall be responsible for repairing i restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds for the epairs and restoration in a single payment or in a series of progress payments as the work is completed. If the incur; ce or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower' .bligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries up and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the improvements on th Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasona e cause. 8. Borrower's Loan Application. Borrower shall in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borro er or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statem; is to Lender (or failed to provide Lender with material information) in connection with the Loan. Material rep sentations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borro er's principal residence. 9. Protection of Lender's Interest in the Pr.perty and Rights Under this Security Instrument. If (a) Borrower fails to perform the covenants and agreem- s contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Lender's interes in the Property and /or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condem tion or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or •gulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or ap.; .priate to protect Lender's interest in the Property and rights under this Security Instrument, including protecting an r assessing the value of the Property, and securing and /or repairing the Property. Lender's actions can include, but not limited to: (a) paying any sums secured by a lien which has priority over this Security Instrument; (b) appearing i court; and (c) paying reasonable attorneys' fees to protect its interest in the Property and /or rights under this Securi Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not li ted to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Although nder may take action under this Section 9, Lender does not have to do so and is not under any duty or obligation to d. 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 Sectio 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Bo ower requesting payment. If this Security Instrument is on a leasehold, Borrowe shall comply with all the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold and the f title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mort :ge Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage surance in effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from e mortgage insurer that previously provided such insurance and Borrower was required to make separately designat-. payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain c erage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to t e cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Len. r. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender th amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender ill accept, use and retain these payments as a non refundable loss reserve in lieu of Mortgage Insurance. Such loss res e shall be non refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be r:. uired to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve payme if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selecte. by Lender again becomes available, is obtained, and Lender requires separately designated payments toward the pre ums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrowe as required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pa the premiums required to maintain Mortgage Insurance in effect, or to provide a non refundable loss reserve, unti the 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 a fects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as agreed. Borrower is nc t a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all suds insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the mortgage insurer nd the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payr ents using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums). As a result of these agreements, Lender, any purchase of the Note, another insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (di ectly or indirectly) amounts that derive from (or might be characterized as) a portion of Borrower's payments for rtgage Insurance, in exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreer ent provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the premiums pyid to the insurer, the arrangement is often termed "captive reinsurance." Further: (a) Any such agreements will not affect the anounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower o any refund. (b) Any such agreements will not affect the rigl Borrower has if any with respect to the Mortgage Insurance under the Homeowners Protection Act of 19' 8 or any other law. These rights may include the right to WYOMING Single Family Fannie Mae /Freddie Mac UNIFORM I Mortgage -WY 2006 -WY (05/08) Pag TRUMENT Form 3051 1/01 5 of 9 0864 DOC ID *007306013 receive certain disclosures, to request and obtain cance lation of the Mortgage Insurance, to have the Mortgage Insurance terminated automatically, and /or to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. 11. Assignment of Miscellaneous Proceeds; Forfei -ure. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. If the Property is damaged, such Miscellaneous Proc :eds 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 Miscellar eous Proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed tc -ender'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 Miscellan :ous Proceeds shall be applied in the order provided for in Section 2. In the event of a total taking, destruction, or loss i i value of the Property, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrumen:, whether or not then due, with the excess, if any, paid to Borrower. In the event of a partial taking, destruction, or loss n value of the Property in which the fair market value of the Property immediately before the partial taking, destructior, or loss in value is equal to or greater than the amount of the sums secured by this Security Instrument immediately before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the suns secured by this Security Instrument shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the f Ilowing fraction: (a) the total amount of the sums secured immediately before the partial taking, destruction, or loss i r value divided by (b) the fair market value of the Property immediately before the partial taking, destruction, or loss in value. Any balance shall be paid to Borrower. In the event of a partial taking, destruction, or loss n value of the Property in which the fair market value of the Property immediately before the partial taking, destruction, or loss in value is less than the amount of the sums secured immediately before the partial taking, destruction, or lots in value, unless Borrower and Lender otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument whether or not the sums are then due. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the Opposing Party (as defined in the next sentence) offers to make an award to settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or tp the sums secured by this Security Instrument, whether or not then due. "Opposing Party" means the third party that owes Borrower Miscellaneous Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous Froceeds. Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Lender's judgment, could result in forfeiture of the Property or oche' material impairment of Lender's interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim rcr damages that are attributable to the impairment of Lender's interest in the Property are hereby assigned and shall be pa d to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lander Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by thi 5 Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to rel ease the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence prc cedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, wilhput limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or i7 amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co -signs this Security Instrument but does not execute the Note (a "co- signer (a) is co- signing this Security Instrument only to mortgage, grant and convey the co- signer's interest in the Property unc er the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co- signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be re eased from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such releas: in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a sp;cific fee to Borrower shall not be construed as a prohibition WYOMING Single Family Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3051 1/01 Mortgage -WY 2006 -WY (05/08) Pag 6 of 9 0865 DOC ID *007306013 on the charging of such fee. Lender may not charge fees .t are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximu loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount n: ssary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded per itted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under t Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial .repayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borro is acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Bo rawer might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Le .er in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this '.ecurity Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually elivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all B.rrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless B rower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borro er's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower all only report a change of address through that specified procedure. There may be only one designated notice addres• under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by ft st class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any otice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually receive by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable La equirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Const ction. This Security Instrument shall be govemed by federal law and the law of the jurisdiction in which the Property i. located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitati s of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it i:ht be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that .ny provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not of ct 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 asculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the •i gular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any oblig on to take any action. 17. Borrower's Copy. Borrower shall be given one •.py of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Inte st in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Pr erty, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installmen. 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 'roperty is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or tra sferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured b this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Appli ble Law. If Lender exercises this option, Lender shall give Bor ewer notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given i ccordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower ails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Securi nstrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Accele tion. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instru ent discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of s e contained in this Security Instrument; (b) such other period as Applicable Law might specify for the termination of Bo ower's right to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borro r: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration ad occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing thi Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, a other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security Ins ment; 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 th following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check of 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 reinstat. shall not apply in the case of acceleration under Section 18. 20. Sale of Note; Change of Loan Servicer; Not :e of Grievance. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one c more times without prior notice to Borrower. A sale might result in a change in the entity (known as the "Loan Servi er that collects Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan ervicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be one or more ch. iges of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change which will state the name and address of the new Loan Servicer, the address to which payments should be made and any other information RESPA requires in connection with a notice of transfer of servicin If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the moi gage loan servicing obligations to Borrower will remain with WYOMING Single Family Fannie Mae /Freddie Mac UNIFORM I Mortgage -WY 2006 -WY (05/08) Pag PTRUMENT Form 3051 1/01 7of9 0866 the Loan Servicer or be transferred to a successor Loa otherwise provided by the Note purchaser. Neither Borrower nor Lender may commence, joi litigant or the member of a class) that arises from the of alleges that the other party has breached any provision of such Borrower or Lender has notified the other party Section 15) of such alleged breach and afforded the other to take corrective action. If Applicable Law provides a til that time period will be deemed to be reasonable for opportunity to cure given to Borrower pursuant to Section Section 18 shall be deemed to satisfy the notice and oppo 21. Hazardous Substances. As used in this Sectio as toxic or hazardous substances, pollutants, or wastes b kerosene, other flammable or toxic petroleum products containing asbestos or formaldehyde, and radioactive mat the jurisdiction where the Property is located that relate to Cleanup" includes any response action, remedial actio (d) an "Environmental Condition" means a condition that Cleanup. Borrower shall not cause or permit the presence, us threaten to release any Hazardous Substances, on or in th anything affecting the Property (a) that is in violation o Condition, or (c) which, due to the presence, use, or relea affects the value of the Property. The preceding two se Property of small quantities of Hazardous Substances that uses and to maintenance of the Property (including, but no Borrower shall promptly give Lender written notice by any governmental or regulatory agency or private p Environmental Law of which Borrower has actual knowle to, any spilling, leaking, discharge, release or threat of rel by the presence, use or release of a Hazardous Substance learns, or is notified by any governmental or regulato remediation of any Hazardous Substance affecting the Pr remedial actions in accordance with Environmental Law Environmental Cleanup. NON UNIFORM COVENANTS. Borrower and Len 22. Acceleration; Remedies. Lender shall give n breach of any covenant or agreement in this Security unless Applicable Law provides otherwise). The notice the default; (c) a date, not less than 30 days from the must be cured; and (d) that failure to cure the defaul acceleration of the sums secured by this Security Ins inform Borrower of the right to reinstate after acceler existence of a default or any other defense of Borrow before the date specified in the notice, Lender at its secured by this Security Instrument without further remedies permitted by Applicable Law. Lender shall remedies provided in this Section 22, including, but evidence. If Lender invokes the power of sale, Lender sha person in possession of the Property, if different, in a the sale to Borrower in the manner provided in Se Property shall be sold in the manner prescribed by Property at any sale. The proceeds of the sale shall be including, but not limited to, reasonable attorneys fee (c) any excess to the person or persons legally entitled t 23. Release. Upon payment of all sums secured Instrument. Borrower shall pay any recordation costs. Instrument, but only if the fee is paid to a third party for Applicable Law. WYOMING Single Family Fannie Mae /Freddie Mac UNIFORM Mortgage -WY 2006 -WY (05/08) DOC ID *007306013 ervicer and are not assumed by the Note purchaser unless r be joined to any judicial action (as either an individual party's actions pursuant to this Security Instrument or that r any duty owed by reason of, this Security Instrument, until such notice given in compliance with the requirements of hereto a reasonable period after the giving of such notice period which must elapse before certain action can be taken, rposes of this paragraph. The notice of acceleration and and the notice of acceleration given to Borrower pursuant to ity to take corrective action provisions of this Section 20. 1: (a) "Hazardous Substances" are those substances defined nvironmental Law and the following substances: gasoline, oxic pesticides and herbicides, volatile solvents, materials Is; (b) "Environmental Law" means federal laws and laws of alth, safety or environmental protection; (c) "Environmental removal action, as defined in Environmental Law; and n cause, contribute to, or otherwise trigger an Environmental isposal, storage, or release of any Hazardous Substances, or roperty. Borrower shall not do, nor allow anyone else to do, y Environmental Law, (b) which creates an Environmental of a Hazardous Substance, creates a condition that adversely ces shall not apply to the presence, use, or storage on the generally recognized to be appropriate to normal residential mited to, hazardous substances in consumer products). (a) any investigation, claim, demand, lawsuit or other action involving the Property and any Hazardous Substance or (b) any Environmental Condition, including but not limited e of any Hazardous Substance, and (c) any condition caused hich adversely affects the value of the Property. If Borrower authority, or any private party, that any removal or other rty is necessary, Borrower shall promptly take all necessary othing herein shall create any obligation on Lender for an r further covenant and agree as follows: e to Borrower prior to acceleration following Borrower's strument (but not prior to acceleration under Section 18 all specify: (a) the default; (b) the action required to cure to the notice is given to Borrower, by which the default n or before the date specified in the notice may result in ment and sale of the Property. The notice shall further on and the right to bring a court action to assert the non to acceleration and sale. If the default is not cured on or tion may require immediate payment in full of all sums mand and may invoke the power of sale and any other entitled to collect all expenses incurred in pursuing the t limited to, reasonable attorneys' fees and costs of title give notice of intent to foreclose to Borrower and to the rdance with Applicable Law. Lender shall give notice of n 15. Lender shall publish the notice of sale, and the plicable Law. Lender or its designee may purchase the plied in the following order: (a) to all expenses of the sale, (b) to all sums secured by this Security Instrument; and t. this Security Instrument, Lender shall release this Security der may charge Borrower a fee for releasing this Security vices rendered and the charging of the fee is permitted under TRUMENT Form 3051 1/01 0867 DOC ID *007306013 24. Waivers. Borrower releases and waives all ri_hts under and by virtue of the homestead exemption laws of Wyoming. BY SIGNING BELOW, Borrower accepts and a Instrument and in any Rider executed by Borrower and re State of tiyO County of 4_;/)c dr) This instrument was acknowledged before me o ,~Ie gyp/ s by J -�r-ry l n )l�/7JGCS 9� l Ir0/ f2fl jAS SHARON AL.fi f NOTARY Y PUBLIC, (Seal, ai4 UNIY OF y STATE OF LINCOLN ttb�{�' WYOMING r :XPIRES JUNE 14. 2016 Ca LARRY R. K 612 c CAROL M. GA Mortgage -WY 2006 -WY (05/08) Page 9 of 9 ees to the terms and covenants contained in this Security rded with it. (Seal) IVGAS Borrower (Seal) Borrower (Seal) Borrower (Seal) Borrower 4:14114 igr.sture of notarial officer) /(/C :7'r Bch Title and b ank) My commission expires: 9- c2a4 WYOMING Single Family Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 30511/01 0868 PLANNED UNIT DEVELOPMENT RIDER 194933 00024758007306013 [Escrow /Closing [Doc ID THIS PLANNED UNIT DEVELOPMENT RIDER is made this TWENTY SECOND day of JUNE 2013 and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the Security Instrument of the same date, given by the undersigned (the "Borrower to secure Borrower's Note to BANK OF AMERICA, N.A. (the "Lender of the same date and covering the Property described in the Security Instrument and located at: 39 WEST STREET STAR VALLEY RANCH, WY 83127 [Property Address] The Property includes, but is not limited to, a parcel of lane improved with a dwelling, together with other such parcels and certain common areas and facilities, as described in THE COVENANTS, CONDITIONS, AND RE.E.TRICTIONS FILED OF RECORD THAT AFFECT THE PROPERTY (the "Declaration The Property is a part of a planned unit development known as NA [Name of Planned Unit Development] (the "PUD The Property also includes Borrower's inter e in the homeowners association or equivalent entity owning or managing the common areas and facilities of the PUD (the "Owners Association and the uses, benefits and proceeds of Borrower's interest. MULTISTATE PUD RIDER Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3150 1/01 Planned Unit Development Rider 1007R -XX (05 /08)(d /i) Page 1 cf 3 2 3 9 9 1 2 4 5 8 0 0 7 3 III 000 0 007R* 0869 DOC ID 00024758007306013 PUD COVENANTS. In addition to the covena s and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follow A. PUD Obligations. Borrower shall perfofm all of Borrower's obligations under the PUD's Constituent Documents. The "Constituent Docume ts" are the (i) Declaration; (ii) articles of incorporation, trust instrument or any equivalent docu lent which creates the Owners Association; and (iii) any by -laws or other rules or regulations of the 0 'ners Association. Borrower shall promptly pay, when due, all dues and assessments imposed pursuant the Constituent Documents. B. Property Insurance. So long as the C vners Association maintains, with a generally accepted insurance carrier, a "master" or "blanket" poky insuring the Property which is satisfactory to Lender and which provides insurance coverage in th amounts (including deductible levels), for the periods, and against loss by fire, hazards included wit in the term "extended coverage," and any other hazards, including, but not limited to, earthquakes a 1 floods, for which Lender requires insurance, then: (i) Lender waives the provision in Section 3 fc the Periodic Payment to Lender of the yearly premium installments for property insurance on the ?roperty; and (ii) Borrower's obligation under Section 5 to maintain property insurance coverage on .e Property is deemed satisfied to the extent that the required coverage is provided by the Owners Assoc ation policy. What Lender requires as a condition of this w ver can change during the term of the loan. Borrower shall give Lender prompt notice of my lapse in required property insurance coverage provided by the master or blanket policy. In the event of a distribution of property in..irance proceeds in lieu of restoration or repair following a loss to the Property, or to common areas a d facilities of the PUD, any proceeds payable to Borrower are hereby assigned and shall be paid to Ler'ler. Lender shall apply the proceeds to the sums secured by the Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. C. Public Liability Insurance. Borrower mall take such actions as may be reasonable to ensure that the Owners Association maintains a publ liability insurance policy acceptable in form, amount, and extent of coverage to Lender. D. Condemnation. The proceeds of any awr or claim for damages, direct or consequential, payable to Borrower in connection with any condemnation or other taking of all or any part of the Property or the common areas and facilities of the PUL or for any conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lender. Such )roceeds shall be applied by Lender to the sums secured by the Security Instrument as provided in Secthn 11. E. Lender's Prior Consent. Borrower shy I not, except after notice to Lender and with Lender's prior written consent, either partition or ubdivide the Property or consent to: (i) the abandonment or termination of the PUD, except for al:.,_ndonment or termination required by law in the case of substantial destruction by fire or other casualt or in the case of a taking by condemnation or eminent domain; (ii) any amendment to any provision >f the "Constituent Documents" if the provision is for the express benefit of Lender; (iii) termination >f professional management and assumption of self management of the Owners Association; or ON any action which would have the effect of rendering the public liability insurance coverage maintdned by the Owners Association unacceptable to Lender. MULTISTATE PUD RIDER Single Family Fannie M le/Freddie Mac UNIFORM INSTRUMENT Form 3150 1/01 Planned Unit Development Rider 1007R -XX (05/08) Page 2 0870 DOC ID 00024758007306013 F. Remedies. If Borrower does not pay PUD dues and assessments when due, then Lender may pay them. Any amounts disbursed by Lender under this paragraph F shall become additional debt of Borrower secured by the Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this PUD Rider. ti (Seal) LARRY KANGAS Borrower =J' (Seal) CAROL M. KAN Borrower MULTISTATE PUD RIDER Single Family Fannie Planned Unit Development Rider 1007R -XX (05/08) Page 3 Ee/Freddie Mac UNIFORM INSTRUMENT Form 3150 1/01 0'3 (Seal) Borrower (Seal) Borrower 0871 Exhibit Lot 2 of Star Valley Ranch Plat 21 as platted an Receiving No. 586332 in the official records of L PIDN: 3418 -06 -4 A recorded on October 22, 1982, as ncoln County, Wyoming, as Plat No. 284 01- 061.00 0872