HomeMy WebLinkAbout869177WHEN RECORDED MAIL TO: 8 6 9 17 7
First Security Bank, N.A.
Afton Mortgage Production Office
485 Washington
Afton, WY 83110
0007689664
DEFINITIONS
Words used in multiple sections of this document are defined below and other words are defined
in Sections 3, 11, 13, 18, 20 and 21. Certain rules regarding the usage of words used in this
document are also provided in Section 16.
(A) "Security Instrument" means this document, which is dated Oc tober 19 2000
together with all Riders to this document.
(B) "Borrower" is
DONALD J KUNDINGER and PAMELA M KUNDINGER, husband and wife
Borrower is the mortgagor under this Security Instrument.
(C) "Lender" is First Security Bank, N.A. Lender is
a Corporation organized and existing under the laws of The Un i t e d States of A m e r i c a.
Lender's address is 485 Washington Afton, WY 83110
Lender is the mortgagee under this Security Instrument.
(D) "Note" means the promissory note signed by Borrower and dated October 19 2000
The Note states that Borrower owes Lender
One Hundred Forty -Eight Thousand, Five Hundred and No /100 Dollars
(U.S. 148 ,600 0 0 plus interest. Borrower has promised to pay this debt in regular
Periodic Payments and to pay the debt in full not later than November 1 2015
(E) "Property" means the property that is described below under the heading "Transfer of Rights
in the Property."
(F) "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.
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Space Above This Line For Recording Data
MORTGAGE
WYOMING Single Family Fannie Maa/Froddle Mac UNIFORM INSTRUMENT
I.T. 3/00
RECEIVED
C(1 U TY
00 OCT 20 N1 14
KEWW1 lE .'u' "rONING
110E7K' 4 4
PR PAGE_ 4 4 4
Initials Initials
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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 ATTACHED SCHEDULE C
which currently has the address of 700 PRIVATE TREATY LANE
GROVER
[Street]
y Wyoming 8312 "Property Address
[City] p]
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."
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. Borrower warrants and will defend generally
the title to the Property against all claims and demands, subject to any encumbrances of record.
THIS SECURITY INSTRUMENT combines uniform covenants for national use and
non uniform covenants with limited variations by jurisdiction to constitute a uniform security
instrument covering real property.
UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges.
Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note
and any prepayment charges and late charges due under the Note. Borrower shall also pay funds
for Escrow Items pursuant to Section 3. Payments due under the Note and this Security
Instrument shall be made in U.S. currency. However, if any check or other instrument received
by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,
Lender may require that any or all subsequent payments due under the Note and this Security
Instrument be made 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.
Loan Number: 0007689664
WYOMING-Single Family Fannie Mee/Freddie Mac UNIFORM INSTRUMENT
I.T. 3/00
Initials Initial
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Loan Number: 0007689664
such waiver may only be in writing. In the event of such waiver, Borrower shall pay directly,
when and where payable, the amounts due for any Escrow Items for which payment of 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 (1) sufficient to permit
Lender to apply the Funds at the time specified under RESPA and (2) 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
WYOMING- Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
I.T. 3/00
ty6t r7
(In s) (Initials)
4 4
Form 3051 3/99 (page 5 of 15 pages)
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uotieoiJuan xef afefsa Ieaz a zo3 gazego =19-auo u Ard ou zamozzog azinbaz Attu zapual
I, uopoas sup ut anoqu gpzo3 pas suoipou am 3o wow zo auo alup zo uagl aqu sopus
Hugs zamozzog `uanTg st aopou uugp goTgm uo amp aqi 3o s,iep pT uig1Tm •ua1i aqu Sui&jnuapT
PO a zamozzog an!S ,loin zapua ivaumzfsul Aiunoas sup zano iuoud uieppu ueo rtoigm
uaq a of poafgns si Sfzadozd am 3o Ind Ain ietp sautuuauap zapua-i 3i •Iuaumzusul Allmoas
sup op uatl am Suipeutpzogns zapual of bououJspes puamaaJS1 uu uaq agp 3o zaplog am utoz3
saznoas (o) JO :papniouoo azu sSuipaaoozd lions jr un Alpo inq `Sutpuad are sSuipaaoozd sop
aligm ualt atp 3o tuauIaozoJua alp uuanazd op afuzado uoTuido s,zapua-I tit goTgm s&uipaaoozd
Loan Number: 0 007689664
WYOMING-Single Family Fannie M.NFrnddle Mac UNIFORM INSTRUMENT
I.T. 3/00
Inili: s Initial
44
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 insurance 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 disburse proceeds for the repairs and restoration in a single payment 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 insurance proceeds, Lender shall not be
required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters,
or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and
shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible
or Lender's security would be lessened, the insurance 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 insurance proceeds shall be applied in the order provided for in Section 2.
If Borrower abandons the Property, Lender may file, negotiate and settle any available
insurance claim and related matters. If Borrower does not respond within 30 days to a notice
from Lender that the insurance carrier has offered to settle a claim, then Lender may negotiate
and settle the claim. The 30 -day period will begin when the notice is given. In either event, or if
Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender
(1) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid
under the Note or this Security Instrument, and (2) any other of Borrower's rights (other than
the right to any refund of unearned premiums paid by Borrower) under all insurance policies
covering the Property, insofar as such rights are applicable to the coverage of the Property.
Lender may use the insurance proceeds either to repair or restore the Property or to pay
amounts unpaid under the Note or this Security Instrument, whether or not then due.
6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal
residence within sixty days after the execution of this Security Instrument and shall continue to
occupy the Property as Borrower's principal residence for at least one year after the date of
occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably
withheld, or unless extenuating circumstances exist which are beyond Borrower's control.
7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not
destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on
the Property. Whether or not Borrower is residing in the Property, Borrower shall maintain the
Property in order to prevent the Property from deteriorating or decreasing in value due to its
condition. Unless it is determined pursuant to Section 5 that repair or restoration is not
economically feasible, Borrower shall promptly repair the Property if damaged to avoid further
deterioration or damage. If insurance or condemnation proceeds are paid in connection with
damage to, or the taking of, the Property, Borrower shall be responsible for repairing or
restoring the Property only if Lender has released proceeds for such purposes. Lender may
disburse proceeds for the repairs and restoration in a single payment or in a series of progress
payments as the work is completed. If the insurance or condemnation proceeds are not sufficient
to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the
completion of such repair or restoration.
Lender or its agent may make reasonable entries upon and inspections of the Property. If it
has reasonable cause, Lender may inspect the interior of the improvements on the Property.
Lender shall give Borrower notice at the time of or prior to such an interior inspection
specifying such reasonable cause.
Form 3051 3/99 (page 7 of 15 pages)
MWYO7CV
AOeOAMW
(seded g j {o g eyed) eeie LSOE LIMA
law s leINU
1 oae •ri
JN3INnUISNI own eippw4/ooyq oluuVV-- Auuied eifiu!S ONIWOAM
099689L000:JegwnN ueoi
•anJasaJ ssor ions uo s2ur11zga Jo lsaialui Aug Jamouog Agd of pannbai aq lou riegs iapua-
pue `Irn3 ur pled Aialeuulrn sr ugo-r air' imp loe ail 3urpueistprmiou `arggpunjai -uou aq riEIrs
aAlasai ssoi ions aougmsur a3g31ioj jo nazi ur amasai ssor arqupunpaJ -uou g se sluaulAud asagl
urelai pug asn `idaooe rum Japua-r •loajja ur aq of paseao a3gianoo aoueznsur aril uagm anp aJaM
rip sivaur/igd paigu3tsap Arawigdas a p jo lunouig aryl Japua-r of £gd of anupuoo iiegs Jamouog
`arqurrgng lou sr a3eJan00 Oou1Jnsui a2r5liow luarenrnba ,irrgrluglsgns Jr •Japua paioaras
Jammu a3e32JOtu al1UJaljg 1113 uuuj `1oa33a ut Arsnotnard aoumnsur aggBuojAi atp jo JOMOJJOH
02 lsoo aril °l luargnmba Aiiepueisgns lsoo a le `papa ur Arsnornaid aougJnsur a3e3l10J4
aryl 02 luargninba Arrgrluglsgns a3etan00 unigo of pazrnbai sumnuatd atrl Aga Hulls Jamouog
`aou1Jnsur a3g3lzow toj sumrtuaid ctrl p1emol sluamArd paigu2rsap riial1nedas arum of pat!nbaJ
sum Jamouog pug aourtnsur Irons paprnotd Arsnorna1d ;etp 1amsut a5urntout aryl utogg arggrreng
aq of saseao pairnbai a3g10noo a ouninsui a3g3li0j atp 'UMW bug Joj 3I 1oa3ja
ur aougmsuj a3g3l1OJ ail utgiuruut of patrnbat swttrutatd aryl Aid p rqs JamoJJOg `ugol a L4
3unp ut jo uorltpuoo g se aouuJnsur a3g3l.toN pairnbai .iapua-I jr •aaugansui a3g31toy%r •0i
•3utl1JM ur Ja3Jatu air; 04 saa13g Japuaq ssarun a3Jatu lou
iiggs app aaj aryl pug piogasgar aryl `Altadotd aryl of app aaj satrnboe Jamo1JOg 31 •asear aryl jo
suorsrnold aryl Ire Irian Ardtuoo Hulls JOMOJJOH `prorrasgar a 110 sr luatuntlsur iflrmo srtil Jr
•luaulkud 3urisanba1 Jamo1JOg of
Japua-r tuoij aorlou uodn Isamu! Irons qum `arquAgd aq a qs pug ivatuas1ngsrp Jo amp aryl 1110Jj
alga aloN ctrl le lsatalut ivaq iiggs slun°u112 asatu, •luaUm.tlsur Iilunoas sail Aq pa.tnoas Jamouog
Jo igap iuuorlrppg autooaq iiegs 6 uorloas sup Japan 1apuaJ Aq pas.tngsrp slunotur JUT
°6 uorlo0S
sup Japan pazttotring suorioe ire 10 Niue Burge) lou JOj Airmen ou mom! Japua-i Imp paat g
sr lr •os op Ol uopg3rjgo JO Amp Aug Japan lou sr pug os op 03 angIr lou saop JapuaJ `6 uorioas
sup Japan u0tlog a3p1 AEM Japua'I g3noglyd •jjO Jo 110 pauJnl sarl'Irin anuq pug `suorlrpuoo
snota3uep Jo saoperorn apoo JaIrio Jo 3urprrnq a ;uurutrra `sadrd utoJj mum ut1Jp `smopurm pug
stoop do pzgoq Jo aoerdaJ `5)1001 a311e1[0 `s1red01 a)113W of iiitado1d aIri 3uuaiva `03 palnutr lou
sr lnq `sapnrour Jiizado1d alp 3uunoas •3utpaaootd dfoldnniUeq a ur uorirsod patinas sly 3urpnrour
`luaumJ ;sul *tnoas sup Japan sltrau Jo /pug ,ilzadozd aIrl ur Isazalu! sir loalotd of saaj ,s4auJ011g
ajgeltosuaJ 3urAgd (E) pug 'moo ur 3upgaddg (z) `ivaUmJlsur AiunoaS sup Jan° Aluoud
sgg gortim uari a Aq pamoas sums Aug 3utAed (I) `ol paltturi lou aze mg `apnrour ago suopae
s,Japua'i •AiJadoJd aIri 3urJrgdaJ Jo /pug 3urtnoas pug `Alzado1d agl jo anren am 3urssasse Jo /pug
3urloalotd &npnrour `ivaumJisui ,ilrtnoas srm Japan sig3u pug AizadoJd am ur lsatalur s,Japua
loaloJd of ai1Udotddg 10 argeuosea1 sr Janaiggm Joj pied pug op Amu Japuaq uagl `Aizadoid
alp pauopuggg sgq JaMOJJOg JO `(suorigrn3a1 10 smei aaiojua of Jo ivamtutsur A;rznoaS sup
JOAO Aitzoud urglig pima gorgm uarr g jo luautaozojua Jo3 `a1nira3J0j 10 uopguarapuoo Joj `aiggotd
`Aoidanrugq ur 3urpaaootd a su Irons) luatututsur Ai1Jnoas sup Japan sig3u Jo /pug Attadotd
agi ur isatalur s,Japuai 1oa33g ,ipugopnt3rs ig3rut iegi 3urpaaootd re3ar a st atom (z) luaumJisul
Slrznoas sup ur paureluoo sivautaatRe pug siuguanoo agi uuojtad of spuj JaMOJJOg (I) ji
;uauma;suj ,f ;ranaas srq; aapun s;g3rg pug ,fpadoad aq; ur ;saga ;ui s 3o uor ;aa ;oad •6
•aouaprsaJ iedrouud s sg if3JadoJd am Jo Aouudn000 s,Jamottog
3uruiaouoo suoriuivasa1daJ `03 palrtari iou a1R inq `apnrour sUOrluluasa1da1 tertaleN •ugo-r am
gllM uotloauuoo ur (uoriguuojur rg!Jaleut tfIM Japua1 aprnotd of palm Jo) Japua-r of sivatualuis
JO UOTTEULIO3ttt ai1Jnoogut 10 `3urpearsrtu `asT; Aiiguaieut ang3 ivasuoo Jo a3parMOU) s,Jamo1JOg
trirM JO JamoJJOg Jo uorioanp am le 3utlov, sarlriva JO sUOSJad Aug to Jamouog `ssaootd
uorigo1dde ugol agi 3urtnp `3r iinvjap ur aq riggs JaMOJJOg ugo mamoaaog •8
P e G. ;.?n
45(
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 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 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.
In the event of a partial taking, destruction, or loss in value of the Property in which the
fair market value of the Property immediately before the partial taking, destruction, 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 sums secured by this Security Instrument shall be reduced by the
amount of the Miscellaneous Proceeds multiplied by the following fraction: (a) the total amount
of the sums secured immediately before the partial taking, destruction, or loss in 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 in 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 loss 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
Loan Number: 0007689664
WYOMING-Single Family Fannie Mae/FroddIe Mac UNIFORM INSTRUMENT
I.T. 3/00
Initl
orm 3051 3/99 (page 9 of 15 pages)
MWYO9CV
AOOLAMW FOP 00/C TI
v %/7 I 4
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V99699L000:JagwnN ueoi
,Sizadoad `saa3 sSauzoiig `oi paiiu iou inq `SuipniouT `ivarunuisui AilJnoas slip Japun siqplu
pug Apadozd alp ur isauaiui s,Japua-i Rupoaload jo asodznd alp Jo3 `iinumap s,JamonoH mum
uopoauuoo ui pauuojiad saoinaas Joj saa3 samoJUOg a2Jugo Amu Jopua •sanega uuo' •Vi
°Japua
jo suBIssu pug szossaoons alp ipauaq puu (0Z uoiioas ui papinoud se idaoxa) puiq hags ivauinuisui
unoas sup 3o sivauraaJ2u pug siuuuanoo aqy °8upizm ui asuaiau lions of saaAu JapuaJ
ssaiun ivaumJisui Allmon suit zapun Anjigi li puu suoTiaiigo s,aamouuog mug pomp.' aq iou
itggs Jamozzog •ivaunuisui Aiianoas sup Japun sipauaq pug s,zamonnoa jo iiu ulgigo iiugs
`zapua -i Aq panouddu sI pug Tupum ur ivaumpsui Aiunoas slip Japun suopuRpgo s,zamoJJOg
sums oqm zamoJJOg jo isauaiui uI Jossaoons fug `gi uoiioas jo suolsinoud alp of ioafgns
°ivasuoo s,zauB!s -oo
aqi inoTpim aiom alp Jo ivaunuisui Allmon sup 3o SLUM alp 02 pJg2a1 gilm suoprpounu000g
Am alum JO zgaquo3 'Am= `puaixa of =Jar ugo uamozzog zagio Aug pug Japual
nip saau3u (o) pug :ivamnuisui ,iiunoas sup Aq paunoas sums aril /Cud of paiaiigo Aiiuuosiad
iou st (q) `ivaruruisui Xilunoas sup jo suuai aqi zapun 1Si zadoud alp ut isaiaiul s,Jau2is -oo
pip ifanuoo pug iinu `a2u21Jouz of Aiuo ivaunu sui Aiunoas sup Bunr3ls -oo si (g) „zauais -oo„
g) aioN alp ainoaxa iou swop inq ivauuuisui Allmon slip su2TS -oo oqm uamozzog Jiug `sanamoii
°iuzanas pug iuiof aq iigris Xigiquii pug suopaiigo s,aamozzog Imp saa1Su pug siuguanoo
uamouuog •punog suBissy pus siossamns :saauBis -oa :,fiiilqun isaanas pus iuiof •£I
°Spaumaa Jo 1113T.1 ,Sus JO aSTOJ Xa Pip
apnioazd Jo JO Jantum u aq iou iiugs 'am) ua morn aqi until ssai siuno= ur Jo JamoJJOg jo
isauaiui uI saossaoons zo sappua `suoszad pmgi wog sivatuArd jo aouuidaooi s,Japuaj `uopuiruni
inogilm Turpniou! Apauraa Jo iglu iiuu 8urslozaxa ui zapua-i Aq aougugagao3 ,Suy •zamo1Jog
3o isauaiui uI sJossaoons Auu Jo Jamozrog iguiguo aria ,iq apgur pugurap 3o uosuau Aq
ivauznuisui Aipnoas sup Aq pumas sums gip jo uoptzpiotuu ijlpoul asrmuagio Jo ivaurAgd Jo3
amp puma of asnJa1 of Jo uamouuog 3o isauaiui ui uossaoons /Cur isureau sgurpaaoozd aouauuuoo
of paumbaz aq iou pugs uapua-i •uamouuog 3o isauaiui ur szossaoons Auu zo zamoJJOg 3 ii !qull
aqi asuaiaz of aiuuado iou pugs aamoauog 3o isauaiui ui Jossaoons Aug Jo JamoJaog of uapual Aq
paiusua ivaum1isui Aipnoas sup ,iq paunoas sums alp 3o uopuzumur 3o uopuoplpour Jo ivauiiigd
Jo3 atU1 Pip 3o uorsuaixg JAM s ioiq aapual £g aausauagioj :passaiag ;oN aamoaaog •zT
°z uoiioas ui uo3 paptnozd zapJo alp ur paiiddu aq
hugs Aivadozd alp jo Jiudai Jo uoligzoisa1 of pagddg iou a.re nip spaaoozd snoaugiiaosI TIV
°Japua-1 of mud aq iiugs pug pauBIssu
AgaaaT1 aJU Auadozd aqi ui Isamaiu! s,JapuaI 3o ivauutudun alp 03 aiquingrJiiu aau nip saguurep
uo3 unuio Jo puma Aug 3o spaaoozd aqi, °ivaumuisui Allmon snit Japun sigSU Jo ifiaadoud alp ui
isauaiui s,uapuaq 3o ivauznuduu iuuaigur nip Jo Iiizadozd alp 3o aunila3JO3 sapnioaud `ivaumpnf
s,uapuaj uI `iggi 2uiin1 g gum passuusIp aq of 3uipaaoozd JO uopou aqi 3uisnuo Aq `61 uoiioas
uI papinoud su aisisulaz `pauzn000 suq uoiigzaiaoog 3I `puu iinuJap g lions auno ugo zamo1JOg
•ivaumuisui /iiunoas sup Japun swRIJ Jo ,ivadozd a'ii UT isauaiui s,zapual 3o ivaumgdun
isuaiuWU Jagio Jo AUado1d alp 3o aunila3JO3 ui iinsaJ pinoo `ivaur .gpnf s,Japua-i ui imp
unFaq si `p uimuo Jo ITAlo .1mpg/A &uipaaooud Jo uopou Sur 3i iingjap uI aq pugs zamozuog
•spaaoozd snoauuiiaosm of maw ui uopou 3o Wu g s1Ti zamozrog urogm su Aired alp JO
spaaooad snoaugiiaosm uamo1JOg MAO iugi ,iuud pz!Tp alp SUMS „SUM &tsoddp„ •anp imp
iou Jo uagiaqm `ivaumzisui Allmon sup Aq paunoas sums au 01 Jo Auadoud alp jo JTUdau Jo
uoiisuoisaJ of za1pia spaaooud snoaueiiaosIN alp Aiddg pug polio° of pazuoginu sI zapua-i `uar4
Si aopou alp aiup alp Jags sip p£ upplm JopUJ 01 puodsau of spuj Jamozzog `saRuurgp uo3
(Y t; L
inspection and valuation fees. In regard to any other fees, the absence of express alt drity in
this Security Instrument to charge a specific fee to Borrower shall not be construed as a
prohibition on the charging of such fee. Lender may not charge fees that are expressly
prohibited by this Security Instrument or by Applicable Law.
If the Loan is subject to a law which sets maximum loan charges, and that law is finally
interpreted so that the interest or other loan charges collected or to be collected in connection
with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by
the amount necessary to reduce the charge to the permitted limit; and (b) any sums already
collected from Borrower which exceeded permitted limits 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: (1) words of the masculine gender shall mean and
include corresponding neuter words or words of the feminine gender, (2) words in the singular
shall mean and include the plural and vice versa, and (3) 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.
Loan Number: 0007689664
WYOMING-Single Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
I.T. 3/00
Initials Initials
orm 3051 3/90 (page 11 of 15 pages)
MWYIICV
AOZLAMW
(sexed g {o et cooed) ewe 190e Wae
IB111u1 slelyu
on '1'1
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ydS32I uopuuuoJu! zaLpo Sur pug aptui aq pinogs spuatuArd goTgm op ssazppg aIrp `zoo -pugs
uroi mau aLa 3o ssazppu pue aturu aLa aprps illm goigm 3auugo alp jo aopou uap1Tzm uaATS
aq [gm zamozzog `zaoTAZas uuo-i aLp 3o aSuugo W Si ramp 3i •apoN aga jo airs g oa paagiazun
zaoTnzas uro-1 aga jo saauWgo azouc JO auo osig azagy •mWZ alggoiiddy pug `auaumzpsui
Spi noas sign `apoN alp zapun suogr2uqo guioinzas ueoi aSgSpzour zagao suuo;zad pug puaunuisui
Ail sign pug a aga zapun anp swam/Cud Tpouad saoalioa imp „zaormas uro-i„
aga sg umou)i) Sapua aga uT aSuggo r uT iinsaz ai im ales y •zamozzog op aotaou zoud anogprm
sawra wow zo auo Nos aq una (puaumuasui Spunoas sign gaim zagpaSop) apoN aga ur asazapur
lerped a JO 030N PIr,i, •aauuna!JO 3o am;oN :aaalnaas uuoi Jo a3uugD :a ;ox 3o is '0z
•gl uoTpaas zapun uopuzalaoog 3o SRO alp uT
SIdde pot Huts apgpsuraz oa pgSU sign `zanamog •pazzn000 pug uoT3WZalaoor ou 3T SE anrp0033a ifiin3
uirmaz Hugs SgazaIr pamoas suopu2i qo pue auauu upsui Spunoas sup `zamozzog Aq puaurapepsuTaz
uodfi •zajsurz,i, spung oiuozaoaig (p) zo Sow JO SlTlupuaumupsuT `Aou32E IWZapa3 g Sq paznsur
PIE siisodap asogm moralism ue uodn umgzp si 3ioaIro lions Sue papinozd `3loaLa s,zaTgseo zo
ratio s,zaznsuazp 'vow 3Iuuq VaLo pardpzao (o) `zapzo Sauom (q) `Irseo (W) :zapua -J ,Sq paaaajas
sr `suuo3 3utmollo3 alp 3o wow zo ow ut sasuadxa pug stuns puaruapupsuraz Bons Srd zamozzog
imp azmbaz Arm zapuaJ •pa2u1goun anupuoo hugs `puaunupsui Saunas sign Sq paznoas
sums alp Srd oa uoprSTigo s,zamozzog pug `puaucnzasui Spun33s sign zapun swap pug Spzado1d
aga uT Isazalu! s,zapua-i aggp a1nssr op azmbaz ,Slgguosuaz Sguc zapuari sr uoraoW lions sa)lea
(p) pug `auaurn1isui S;Tmoas sup zapun wig!' pug Aazado1d aga ur psazaauT s,zapua-i Supoaaozd jo
asodznd aga zo3 paunoui saa3 zagao pui `saa3 uotprnlrA puu uoiaoadsur Spzadozd `saa3 &Couzo it
algguosraz `oa pap!w!l aou anq `Suipnloui `puaamzpsui AaTznoas sup SurozoJua uT paunou!
sasuadxa lie sSWd (o) :spuauraazSW zo spueuanoo zagao dug jo pinujap Sur samo (q) :pauno o
pint uourzaiaoor ou 3T sr aaosi agp pug puaumrisul Saunas sign zapun anp aq pinom uagp
Ironnm sums lig zapuo- sArd (e) :zamozzog agga PIE suoiaipuoo asoIr,i, •auaunuasui Spcznoas sign
Surozojua auaucSpnf g jo Sim (TTT) JO `.aagpSUTaz oa UPI' s,zamozzog 3o uoraruIUirap agp zo3 S3roads
maim mgrs aiggoiiddy su pouad zagao Irons (TT) :ivaunuisui Silinoas sup uT paun Woo airs jo
zamod Sur op puensznd Spzadozd agp jo ales azojaq sSep anti (T) :jo psaiizea agp op zoud aura Sur
aW panupuoosip auaumzasul Saunas sup JO p1Iaurao1OJua PAWL op pgS!1 agp PAWL [MS zamozzog
`suopcpuoo uTgpzao Maur zamozzog 3i •uolpgaalaaaV aap.3y a;g;sulag o; I14211I Ma/410110g •6I
•zamozzog uo purmap
zo aorpou zagpzn3 pnoolm auaumzasui Aaunoas step Sq paaaiuuad saipauraz Sur a3ionut Arm
zapual `pouad sign 3o uorpuzidxa aga op zoud sums asaga SWd op siiu3 zamozzog 3i •puaumzasui
S;Tznoas sign Sq paznoas sums Br Sud ;sum zamozzog goTIrm uTrlarm Si uoTpoas IPTm aougpz000r
uT uaATS sT aotaou aqa aaup arlp uroz3 sSup p£ uggp ssai loll JO pouad u apTno1d HMIs Popou
aUJ •uopezaiaooW 3o aopou 13mouog PATS Begs zapua-i `cloud° sup sasTozaxa zapuaj 3I
mgi irJapa3 Aq paiiqujozd sT asTOZaxa gaps 3T
zapua -i Sq pasiazaxa aq you hugs uopdo srai `zanamoil •puauuu sui Apunoas sup Sq paznoas sums
IP JO iln3 uT auauTArd a1WipaufUT azmbaz Amu zapuaj `puasuoo uapp!zm zoud s,zapual pnorpTm
(pazujsurup 10 Nos sT zamozzog uT asazaauT irIor a pue uoszad puma e iou sr zamozzog
3T zo) pa1zaJsug1a zo Nos si filmdozd alp TIT psa1apui SUE JO Aazadozd NI JO azrd Suv, zo itg 3I
•zasugaznd g op amp aznan3 g ag zamozzog
Sq alaTa 3o zajsugza aqa sT LOTIrM 3o maim aga `auauraazgr MOJOSP JO pOWZauoo sales puauzllgasuT
`paap zo3 pogzpuoo `poop zo3 puoq W uT pauajsuiu sisazapuj IuTogauaq asoLa `op pa3PUTi aou
anq `SurpnlouT `Sp1adozd alp ui asazaaui iucorpauaq zo pWSai Sur small' „Spzadozd alp uT asazaaul„
`gl uoTpoas sup ut pasn sy •aamoaaog ur lsaaaluI IgTalUauag g ao Slradoad aq; 3o aaJsugay .si
699689L000:aequlnN ueoi
Loan Number: 0 007689664
requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter
the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan
servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a
successor Loan Servicer(s) and are not assumed by the Note purchaser unless otherwise provided
by the Note purchaser.
Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as
either an individual litigant or the member of a class) that arises from the other party's actions
pursuant to this Security Instrument or that alleges that the other party has breached any
provision of, or any duty owed by reason of, this Security Instrument, until such Borrower or
Lender has notified the other party (with such notice given in compliance with the requirements
of Section 15) of such alleged breach and afforded the other party hereto a reasonable period
after the giving of such notice to take corrective action. If Applicable Law provides a time
period which must elapse before certain action can be taken, that time period will be deemed to
be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure
given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower
pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective
action provisions of this Section 20.
21. Hazardous Substances. As used in this Section 21: (1) "Hazardous Substances" are those
substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law
and the following substances: gasoline, kerosene, other flammable or toxic petroleum products,
toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde,
and radioactive materials; (2) "Environmental Law" means federal laws and laws of the
jurisdiction where the Property is located that relate to health, safety or environmental
protection; (3) "Environmental Cleanup" includes any response action, remedial action, or
removal action, as defined in Environmental Law and (4) an "Environmental Condition" means
a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup
Borrower shall not cause or permit the presence, use, disposal, storage, or release of any
Hazardous Substances, or threaten to release any Hazardous Substances, on or in the Property.
Borrower shall not do, nor allow anyone else to do, anything affecting the Property (1) that is in
violation of any Environmental Law, (2) which creates an Environmental Condition or (3)
which, due to the presence, use, or release of a Hazardous Substance, creates a condition that
adversely affects the value of the Property. The preceding two sentences shall not apply to the
presence, use, or storage on the Property of small quantities of Hazardous Substances that are
generally recognized to be appropriate to normal residential uses and to maintenance of the
Property (including, but not limited to, hazardous substances in consumer products).
Borrower shall promptly give Lender written notice of (1) any investigation, claim, demand,
lawsuit or other action by any governmental or regulatory agency or private party involving the
Property and any Hazardous Substance or Environmental Law of which Borrower has actual
knowledge; (2) any Environmental Condition, including but not limited to, any spilling, leaking,
discharge, release or threat of release of any Hazardous Substance, and (3) any condition caused
by the presence, use or release of a Hazardous Substance which adversely affects the value of
the Property. If Borrower learns, or is notified by any governmental or regulatory authority, or
any private party, that any removal or other remediation of any Hazardous Substance affecting
the Property is necessary, Borrower shall promptly take all necessary remedial actions in
accordance with Environmental Law. Nothing herein shall create any obligation on Lender for
an Environmental Cleanup.
WYOMING Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
I.T. 3/00
Inkial Initial
onn 3051 a/99 (page 13 of 15 pages)
MWY13CV
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•ms-j ajgsoijddd iapun pa;;iuuad si aaj alp jo &ui2iego am pus paaapuai saorAuas 103
,ipsd piup s of pred si aaj arp 3i Apo mg `;uaunu suj A;unoas sup 2uiseajai 103 aaj s 1amo11og
amp Arm Japua- •s;soo uoi;mplooal /Cur ,Csd Ilsgs Jamollog •;uaumlisui Allmon sup amp'
putts Japua- `Iuaunuisui Aiunoas sin Sq pa.moas sums its jo ivaurAsd uodn •asuaiag •£Z
;l o; pal ;r ;ua ,fiimBai suosaad ao uosaad ay; o; ssaaxa ,fum (a) pun ';uawna ;suI
k ;lamas sly; £q paanaas scans iIn o; (q) '.saaj ,sLauao; ;n algnuoseaa 'o; pa ;iwil ;ou ;rig '2ulpnlaul
'alas ay; jo sasuadxa iin o; (u) :aapao gulmollo3 ay; ul pagddm aq hugs alms ay; jo spaaaoad
aq j •alms ,Cum ;g d;.radoad ay; asuyaand nu aauillsap s ;i ao aapuai •met algmaliddv ,fq paglaasaad
aauumw ay; ul Nos aq Hugs ,f;aadoad ay; pug 'alms 3o aal;ou ay; gslignd Heys aapua-I •Sj uolpas
ul paplAoad aauumw ay; uI aamoaaog o; alas ay; jo aal ;ou aAig hugs aapual •mir aigmanddv
ggAt aauupaoaam ul ';uaaajj p 3i 'L;aadoad ay; jo uo!ssassod u! uosaad ay; o; pug aamoaaog
0; asopaao3 0; ;ua;ul 3o aal;ou aelg hugs aapua' 'aims jo aannod ay; salami! aapua' 3I
•aauaplea al ;l; 3o 51S03 pug
saaj ,s.fauao; ;u aigmuosmaa 'o; pa ;Twll ;ou ;nq 'Bulpnpui 'ZZ uol ;oas sly; ul paplAoad salpawaa ay;
;Iulnsand ul paaanaul sasuadxa pg palloa o; pal ;I ;ua aq Mugs aapual •m ri alquanddv fq pa ;iwaad
salpawaa aay ;o ,fun pug ales jo aamod ay; aqoeul ,fnw pug punwap aay 113 ;noy ;itt ;uawna ;sui
,f;ianaas sly; kg paanaas suns Hu jo Iin3 ul ;uaw,fgd a ;ulpawwl aambaa fgw uoi ;do s ;l ;n aapuaq
'aal;ou ay; ul pagpads a ;gp ay; aaojaq ao uo paana ;ou sl ;Inmjap ay; 3I •aigs pug uol;maaiaaag
o; aamoaaog 3o asuajap aay ;o ,fum JO ;inmjap u jo aaua ;spa -uou ay; ;aassu o; uol ;am ;into
m Nulaq o; ;1141 ay; puu uol;gaaiaaan aaIJ a ;n;sulaa o; ;Op ay; 3o aamoaaog waojui aagjin3 iimys
aal ;ou ayy •,f;aadoad ay; jo aims pug ;uauna;sui imams sly; &q paanaas sums ay; jo uol;maaiaoom
u! ;Insaa ,£gw aol;ou ay; ul paUiads app ay; aaojaq ao uo ;inujap ay; aam o; aanilm3 ;my;
(p) pum :pomp aq ;sum ;inujap ay; galym ,fq 'aamoaaog o; uael2 sl aal;ou ay; app ay; woaj s,fmp
OE trey; ssai wit 'a ;mpg (a) :;inujap ay; aam o; paambaa uol ;an ay; (q) :;inmjap ay; (g) :,f31ads
Mugs aapou ayy •(aslmaay ;o saplAoad mgZ aiqualiddv ssalun gj uolpas aapun uol ;maaiaaau o; aolad
;ou ;nq) ;uawna ;sui ,f ;lamas sly; ul ;uawaaaau ao ;umuaeoa ,fug jo yauaaq s 2upuolloj
uol;uaaiaaan o; aolad aamoaaog o; aal;ou aAl$ (lugs aapua-; •salpawag :uol;uaalaaav ZZ
smoiio3
ss aa13r, pug ;usuaeo° 13181113 JapuaZ pug iamouog •S.LNVNHAOO INRIOdINf1 NON
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(s) executed by Borrower and recorded with it.
DONALD J KUNDINGER
STATE OF WYOMING
COUNTY OF LINCOLN
On the i ll day of D4/ r A.D. 1 personally appeared before me
DONALD J KUNDINGER and PAMELA M KUNDINGER
the signer(s) of the above instrument, who duly acknowledged to me that he /she /they executed the same.
®w a-Ao
Kerry Millich Notary Public
County of State State of
Lincoln Wyoming
My Commission Expires a-12-1403
My commission expi
Loan Number: 0007689664
ss:
iJ
WYOMING-Single Famity-- Fannie Mss /Freddie Mac UNIFORM INSTRUMENT
I.T. 3/00
Notary rublic fesidir?g at:
[Space Below Thls Line for Acknowledgment]
(Seal)
Borrower
(Seal)
Borrower
(Seal)
Borrower
(Seal)
Borrower
f 1 J
dItJtO 414•10 kyry
Initials Initials
45(
orm 3051 3/99 (page 15 of 15 pages)
MWY15CV
SCHEDULE C
0 J 1 7 7
45;
Parcel 1
A tract of land lying in the NWUNE of Section 7, T32N R118W of the 6th
P.M., Lincoln County, Wyoming more fully described as follows:
BEGINNING at a point which is 75 feet West and 40 feet S 0 °05' E from
the NE corner of the NWIEW of said Section 7 and proceeding thence
S 0 °05' E, 165 feet;
thence West, 264 feet;
thence N 0 °05' W, 165 feet;
thence East, 164 feet to the POINT OF BEGINNING.
Parcel 2
The right of access across the following described land:
A tract of land lying in the NWUNEW of Section 7, T32N R118W of the 6th
P.M., Lincoln County, Wyoming being a parcel being sixty feet in width,
with 30 feet on each side of,,the following described line:
BEGINNING at a point being West, 75 feet; S 0 °05' E, 40 feet; West, 264
feet; S 0 °05' E, 30.00 feet from a brass cap monument marking the
Northeast corner of the NW of said Section 7;
thence running West, 23:78' feet;
thence S 38 °19'16" W, 398.99 'feet;
thence running S 87 13'44" W, 281.54 feet to an iron pipe set in
the easterly terminus of the center line of an existing 66 foot
wide easement from U.S. Highway 89.
Parcel 3
The right of access as provided for in instrument recorded August 12,
Clerk.
1980 in Book 167PR on page 302 of the records of the Lincoln County