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HomeMy WebLinkAbout973104Z02887 DATE AND PARTIES. The date of this Mortgage (Security Instrument) is August 30, 2013. The parties and their addresses are: MORTGAGOR: RONALD A. GALATI Spouse of Karin L. Galati 9025 Gilaridi Rd Newcastle, CA 95658 RECEIVED 9/5/2013 at 10:53 AM RECEIVING 973104 BOOK: 819 PAGE: 585 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY KARIN L. GALATI Spouse of Ronald A. Galati 9025 Gilardi Rd Newcastle, CA 95658 Husband and Wife Space Above This Line For Recording Data MORTGAGE 0585 LENDER: THE BANK OF STAR VALLEY Organized and existing under the laws of Wyoming 384 Washington P.O. Box 8007 Afton, WY 83110 1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debts and Mortgagor's performance under this Security Instrument, Mortgagor does hereby grant, bargain, convey, mortgage and warrant to Lender, with the power of sale, the following described property: See Exhibit A Attached hereto and made apart hereof The property is located in Lincoln County at SW4 SW4 River Rock Road, Smoot, Wyoming 83126. Ronald A. Galati Wyoming Mortgage WY/ 4XXXCRICH00000000000665048082813N Wolters Kluwer Financial Services ©1996, 2013 Bankers SystemsTu Page 1 11111111111111100111011101110 s z h 11101110101I110111 2 4 011101110 111IIIII0 9 1110111 0 2 0111011101110 111 0111I111I111 3 0 1 7 0 4 O 86 Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, wells, ditches and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described (all referred to as Property). This Security Instrument will remain in effect until the Secured Debts and all underlying agreements have been terminated in writing by Lender. 2. SECURED DEBTS. The term "Secured Debts" includes and this Security Instrument will secure each of the following: A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and replacements. A promissory note or other agreement, No. 01704062, dated August 30, 2013, from Mortgagor to Lender, with a loan amount of $56,000.00. B. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security Instrument. 3. PAYMENTS. Mortgagor agrees that all payments under the Secured Debts will be paid when due and in accordance with the terms of the Secured Debts and this Security Instrument. 4. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or other lien document that created a prior security interest or encumbrance on the Property, Mortgagor agrees: A. To make all payments when due and to perform or comply with all covenants. B. To promptly deliver to Lender any notices that Mortgagor receives from the holder. C. Not to allow any modification or extension of, nor to request any future advances under any note or agreement secured by the lien document without Lender's prior written consent. 5. CLAIMS AGAINST TITLE. Mortgagor will pay all taxes, assessments, liens, encumbrances, lease payments, ground rents, utilities, and other charges relating to the Property when due. Lender may require Mortgagor to provide to Lender copies of all notices that such amounts are due and the receipts evidencing Mortgagor's payment. Mortgagor will defend title to the Property against any claims that would impair the lien of this Security Instrument. Mortgagor agrees to assign to Lender, as requested by Lender, any rights, claims or defenses Mortgagor may have against parties who supply labor or materials to maintain or improve the Property. 6. DUE ON SALE OR ENCUMBRANCE. Lender may, at its option, declare the entire balance of the Secured Debt to be immediately due and payable upon the creation of, or contract for the creation of, any lien, encumbrance, transfer or sale of all or any part of the Property. This right is subject to the restrictions imposed by federal law (12 C.F.R. 591), as applicable. 7. WARRANTIES AND REPRESENTATIONS. Mortgagor has the right and authority to enter into this Security Instrument. The execution and delivery of this Security Instrument will not violate any agreement governing Mortgagor or to which Mortgagor is a party. 8. PROPERTY CONDITION, ALTERATIONS, INSPECTION, VALUATION AND APPRAISAL. Mortgagor will keep the Property in good condition and make all repairs that are reasonably necessary. Mortgagor will not commit or allow any waste, impairment, or deterioration of the Property. Mortgagor will keep the Property free of noxious weeds and grasses. Mortgagor agrees that the nature of the occupancy and use will not substantially change without Lender's prior written consent. Mortgagor will not permit any change in any license, restrictive covenant or easement without Lender's prior written consent. Mortgagor will notify Lender of all demands, proceedings, claims, and actions against Mortgagor, and of any loss or damage to the Property. Lender or Lender's agents may, at Lender's option, enter the Property at any reasonable time and frequency for the purpose of inspecting, valuating, or appraising the Property. Lender will give Mortgagor notice at the time of or before an on -site inspection, valuation, or appraisal for on -going due diligence or otherwise specifying a reasonable purpose. Any inspection, valuation or appraisal of the Property will be entirely for Lender's benefit and Mortgagor will in no way rely on Lender's inspection, valuation or appraisal for its own purpose, except as otherwise provided by law. 9. AUTHORITY TO PERFORM. If Mortgagor fails to perform any duty or any of the covenants contained in this Security Instrument, Lender may, without notice, perform or cause them to be performed. Mortgagor appoints Lender as attorney in fact to sign Mortgagor's name or pay any amount necessary for performance. Lender's right Ronald A. Galati Wyoming Mortgage WY/ 4XXXCRICH00000000000665048082813N Wolters Kluwer Financial Services @1996, 2013 Bankers SystemsTM Page 2 1111111111110111 7 0 4 0 8 2 011101110111011101111110t' 1111101111 2 4 4 01110111010110100 8 3 1110111011100 2 0 1110111011101111011111 1 3 0 Ronald A. Galati Wyoming Mortgage W Y /4XXXCRI CH00000000000665048082813N 1111111 01110111 0111 0111 0111 0111 lull X11111111101110111 01110111 I I1,10011111111111111111111111111111Hill J0011111 to perform for Mortgagor will not create an obligation to perform, and Lender's failure to perform will not preclude Lender from exercising any of Lender's other rights under the law or this Security Instrument. If any construction on the Property is discontinued or not carried on in a reasonable manner, Lender may take all steps necessary to protect Lender's security interest in the Property, including completion of the construction. 10. ASSIGNMENT OF LEASES AND RENTS. Mortgagor assigns, grants, bargains, conveys, mortgages and warrants to Lender as additional security all the right, title and interest in the following (Property): existing or future leases, subleases, licenses, guaranties and any other written or verbal agreements for the use and occupancy of the Property, including any extensions, renewals, modifications or replacements (Leases); and rents, issues and profits (Rents). In the event any item listed as Leases or Rents is determined to be personal property, this Assignment will also be regarded as a security agreement. Mortgagor will promptly provide Lender with copies of the Leases and will certify these Leases are true and correct copies. The existing Leases will be provided on execution of the Assignment, and all future Leases and any other information with respect to these Leases will be provided immediately after they are executed. Mortgagor may collect, receive, enjoy and use the Rents so long as Mortgagor is not in default. Upon default, Mortgagor will receive any Rents in trust for Lender and Mortgagor will not commingle the Rents with any other funds. Mortgagor agrees that this Security Instrument is immediately effective between Mortgagor and Lender. This Security Instrument will remain effective during any statutory redemption period until the Secured Debts are satisfied. As long as this Assignment is in effect, Mortgagor warrants and represents that no default exists under the Leases, and the parties subject to the Leases have not violated any applicable law on leases, licenses and landlords and tenants. 11. DEFAULT. Mortgagor will be in default if any of the following events (known separately and collectively as an Event of Default) occur: A. Payments. Mortgagor fails to make a payment in full when due. B. Insolvency or Bankruptcy. The death, dissolution or insolvency of, appointment of a receiver by or on behalf of, application of any debtor relief law, the assignment for the benefit of creditors by or on behalf of, the voluntary or involuntary termination of existence by, or the commencement of any proceeding under any present or future federal or state insolvency, bankruptcy, reorganization, composition or debtor relief law by or against Mortgagor, Borrower, or any co- signer, endorser, surety or guarantor of this Security Instrument or any other obligations Borrower has with Lender. C. Death or Incompetency. Mortgagor dies or is declared legally incompetent. D. Failure to Perform. Mortgagor fails to perform any condition or to keep any promise or covenant of this Security Instrument. E. Other Documents. A default occurs under the terms of any other document relating to the Secured Debts. F. Other Agreements. Mortgagor is in default on any other debt or agreement Mortgagor has with Lender. G. Misrepresentation. Mortgagor makes any verbal or written statement or provides any financial information that is untrue, inaccurate, or conceals a material fact at the time it is made or provided. H. Judgment. Mortgagor fails to satisfy or appeal any judgment against Mortgagor. I. Forfeiture. The Property is used in a manner or for a purpose that threatens confiscation by a legal authority. J. Name Change. Mortgagor changes Mortgagor's name or assumes an additional name without notifying Lender before making such a change. K. Property Transfer. Mortgagor transfers all or a substantial part of Mortgagor's money or property. This condition of default, as it relates to the transfer of the Property, is subject to the restrictions contained in the DUE ON SALE section. L. Property Value. Lender determines in good faith that the value of the Property has declined or is impaired. M. Insecurity. Lender determines in good faith that a material adverse change has occurred in Mortgagor's financial condition from the conditions set forth in Mortgagor's most recent financial statement before the date of this Security Instrument or that the prospect for payment or performance of the Secured Debts is impaired for any reason. 12. REMEDIES. On or after the occurrence of an Event of Default, Lender may use any and all remedies Lender has under state or federal law or in any document relating to the Secured Debts, including, without limitation, the Wolters Kluwer Financial Services ©1996, 2013 Bankers SystemsTe Page 3 0588 power to sell the Property. Any amounts advanced on Mortgagor's behalf will be immediately due and may be added to the balance owing under the Secured Debts. Lender may make a claim for any and all insurance benefits or refunds that may be available on Mortgagor's default. Subject to any right to cure, required time schedules or any other notice rights Mortgagor may have under federal and state law, Lender may make all or any part of the amount owing by the terms of the Secured Debts immediately due and foreclose this Security Instrument in a manner provided by law upon the occurrence of an Event of Default or anytime thereafter. Upon any sale of the Property, Lender will make and deliver a special or limited warranty deed that conveys the property sold to the purchaser or purchasers. Under this special or limited warranty deed, Lender will covenant that Lender has not caused or allowed a lien or an encumbrance to burden the Property and that Lender will specially warrant and defend the Property's title of the purchaser or purchasers at the sale against all lawful claims and demand of all persons claiming by, through or under Lender. The recitals in any deed of conveyance will be prima facie evidence of the facts set forth therein. All remedies are distinct, cumulative and not exclusive, and Lender is entitled to all remedies provided at law or equity, whether or not expressly set forth. The acceptance by Lender of any sum in payment or partial payment on the Secured Debts after the balance is due or is accelerated or after foreclosure proceedings are filed will not constitute a waiver of Lender's right to require full and complete cure of any existing default. By not exercising any remedy, Lender does not waive Lender's right to later consider the event a default if it continues or happens again. 13. COLLECTION EXPENSES AND ATTORNEYS' FEES. On or after the occurrence of an Event of Default, to the extent permitted by law, Mortgagor agrees to pay all expenses of collection, enforcement, valuation, appraisal or protection of Lender's rights and remedies under this Security Instrument or any other document relating to the Secured Debts. Mortgagor agrees to pay expenses for Lender to inspect, valuate, appraise and preserve the Property and for any recordation costs of releasing the Property from this Security Instrument. Expenses include, but are not limited to, reasonable attorneys' fees after default and referral to an attorney not a salaried employee of Lender. These expenses are due and payable immediately. If not paid immediately, these expenses will bear interest from the date of payment until paid in full at the highest interest rate in effect as provided for in the terms of the Secured Debts. In addition, to the extent permitted by the United States Bankruptcy Code, Mortgagor agrees to pay the reasonable attorneys' fees incurred by Lender to protect Lender's rights and interests in connection with any bankruptcy proceedings initiated by or against Mortgagor. 14. ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES. As used in this section, (1) Environmental Law means, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA, 42 U.S.C. 9601 et seq.), all other federal, state and local laws, regulations, ordinances, court orders, attorney general opinions or interpretive letters concerning the public health, safety, welfare, environment or a hazardous substance; and (2) Hazardous Substance means any toxic, radioactive or hazardous material, waste, pollutant or contaminant which has characteristics which render the substance dangerous or potentially dangerous to the public health, safety, welfare or environment. The term includes, without limitation, any substances defined as "hazardous material," "toxic substance," "hazardous waste," "hazardous substance," or "regulated substance" under any Environmental Law. Mortgagor represents, warrants and agrees that: A. Except as previously disclosed and acknowledged in writing to Lender, no Hazardous Substance is or will be located, stored or released on or in the Property. This restriction does not apply to small quantities of Hazardous Substances that are generally recognized to be appropriate for the normal use and maintenance of the Property. B. Except as previously disclosed and acknowledged in writing to Lender, Mortgagor and every tenant have been, are, and will remain in full compliance with any applicable Environmental Law. C. Mortgagor will immediately notify Lender if a release or threatened release of a Hazardous Substance occurs on, under or about the Property or there is a violation of any Environmental Law concerning the Property. In such an event, Mortgagor will take all necessary remedial action in accordance with any Environmental Law. Ronald A. Galati Wyoming Mortgage WY/ 4XXXCRICH00000000000665048082813N Wolters Kluwer Financial Services 1996, 2013 Bankers SystemsT'" Page 4 IVIIIVIIIIIIIVIIIIIIII 'llllIpIVIIIIIIII1 II'llVIIIVIIIIIIIIVIII8 VIIIVIIIIIIIIIII)1 IIIIIIII 0589 D. Mortgagor will immediately notify Lender in writing as soon as Mortgagor has reason to believe there is any pending or threatened investigation, claim, or proceeding relating to the release or threatened release of any Hazardous Substance or the violation of any Environmental Law. 15. CONDEMNATION. Mortgagor will give Lender prompt notice of any pending or threatened action by private or public entities to purchase or take any or all of the Property through condemnation, eminent domain, or any other means. Mortgagor authorizes Lender to intervene in Mortgagor's name in any of the above described actions or claims. Mortgagor assigns to Lender the proceeds of any award or claim for damages connected with a condemnation or other taking of all or any part of the Property. Such proceeds will be considered payments and will be applied as provided in this Security Instrument. This assignment of proceeds is subject to the terms of any prior mortgage, deed of trust, security agreement or other lien document. 16. ESCROW FOR TAXES AND INSURANCE. Mortgagor will not be required to pay to Lender funds for taxes and insurance in escrow. 17. WAIVERS. Except to the extent prohibited by law, Mortgagor waives all homestead exemption rights relating to the Property. 18. APPLICABLE LAW. This Security Instrument is governed by the laws of Wyoming, the United States of America, and to the extent required, by the laws of the jurisdiction where the Property is located, except to the extent such state laws are preempted by federal law. 19. JOINT AND INDIVIDUAL LIABILITY AND SUCCESSORS. Each Mortgagor's obligations under this Security Instrument are independent of the obligations of any other Mortgagor. Lender may sue each Mortgagor individually or together with any other Mortgagor. Lender may release any part of the Property and Mortgagor will still be obligated under this Security Instrument for the remaining Property. Mortgagor agrees that Lender and any party to this Security Instrument may extend, modify or make any change in the terms of this Security Instrument or any evidence of debt without Mortgagor's consent. Such a change will not release Mortgagor from the terms of this Security Instrument. The duties and benefits of this Security Instrument will bind and benefit the successors and assigns of Lender and Mortgagor. 20. AMENDMENT, INTEGRATION AND SEVERABILITY. This Security Instrument may not be amended or modified by oral agreement. No amendment or modification of this Security Instrument is effective unless made in writing and executed by Mortgagor and Lender. This Security Instrument and any other documents relating to the Secured Debts are the complete and final expression of the agreement. If any provision of this Security Instrument is unenforceable, then the unenforceable provision will be severed and the remaining provisions will still be enforceable. 21. INTERPRETATION. Whenever used, the singular includes the plural and the plural includes the singular. The section headings are for convenience only and are not to be used to interpret or define the terms of this Security Instrument. 22. NOTICE, ADDITIONAL DOCUMENTS AND RECORDING FEES. Unless otherwise required by law, any notice will be given by delivering it or mailing it by first class mail to the appropriate party's address listed in the DATE AND PARTIES section, or to any other address designated in writing. Notice to one Mortgagor will be deemed to be notice to all Mortgagors. Mortgagor will inform Lender in writing of any change in Mortgagor's name, address or other application information. Mortgagor will provide Lender any other, correct and complete information Lender requests to effectively mortgage or convey the Property. Mortgagor agrees to pay all expenses, charges and taxes in connection with the preparation and recording of this Security Instrument. Mortgagor agrees to sign, deliver, and file any additional documents or certifications that Lender may consider necessary to perfect, continue, and preserve Mortgagor's obligations under this Security Instrument and to confirm Lender's lien status on any Property, and Mortgagor agrees to pay all expenses, charges and taxes in connection with the preparation and recording thereof. Time is of the essence. Ronald A. Galati Wyoming Mortgage WY/ 4XXXCR1CH00000000000665048082813N 11110010 111 7 0111101100 11104 11100 6 2111011101011111/ 1 2 4 4 0111III101110111111110 1110111 3 01110 2 11101110 111 011100I111 3 Wolters Kluwer Financial Services @1996, 2013 Bankers Systems Page 5 SIGI'JWURES. By signing, Mortgagor agrees to the terms and covenants contained in this Security Instrument. Mortgagor also acknowledges receipt of a copy of this Security Instrument. 11141 MORTGAGOR: Ronald A. Galati Individually Q/(44 L-1da,. Date 1J Karin L. Galati Individually LENDER: The Bank Of ACKNOWLEDGMENT. OF Rods -n' Preside 1I.EO This instrument was acknowledged before me this day of Ronald A. Galati spouse of Karin L. Galati, and Karin L. Galati spouse of Ronald A. Galati. My commission expires: I�IO� 1IlIIIlIlIllllLllhI1i1Il11ll(lll!Il!1JllhIIlIllhIIIIllllhI1lIllhlIII!IID11IIII Date c 9 0 3 Date 7/3// 3 OF (Notary Public) ss. by ack.�wlQd ©590 Ronald A. Galati Wyoming Mortgage WY/ 4XXXCRICH00000000000665048082813N Wolters Kluwer Financial Services 8 1996, 2013 Bankers Systems"" Page 6 (Lender Acknowledgment) O F cV Ary was ackn wled This instrument g ed efore me this Rod R. Jensen as President /CEO of The Bank Of Star Valley. My commission expires: 2 NOTARY PUBUC STATE OF WYOMING 1111 LYMAN COUNTY OF LINCOLN 1 MY COMMISSION EXPIRES FEBRUARY 1, 2015 Ronald A. Galati Wyoming Mortgage WY/ 4XXXCRICH00000000000665048082813N 1 20 l 1 IIIIII�II 101110110110113)il 010 III III I IIIII IIIII Moil m11I IIIII I III 11lloo 1 II IIIII III 0 1 7 0 4 0 6 2 1 2 4 4 0 8 3 0 2 0 1 3 CMCh ss. day of 5 20 13 Alt 411 (Notary Public) Wolters Kluwer Financial Services ®1996, 2013 Bankers Systems' 0591 by Page 7 CALIFORNIA ALL PURPOSE ACKNOWLEDGMENT CIVIL CODE 1189 is v; v: ,�•r •i: •r -•i ;-•i: r- •r-• �v—• .-•i; 3 State of California County of On before me, Date personally appeared H. CHILSON Commission 1953697 Z Notary Public California v Placer County My Comm. Expires Sep 24, 2015 Signature: OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Place Notary Seal Above Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: Corporate Officer Title(s): Individual Partner Limited General Attorney in Fact Trustee Guardian or Conservator Other: Signer Is Representing: Here Insert Name and Title of the Officer Name(s) of Signer(s) RIGHT THUMBPRINT OF SIGNER Top of thumb here CJr\or\ Klc ovc who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his/her/their authorized capacity(ies), and that by his /her /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. +ra7t.7 ublic W Signer's Name: Corporate Officer Title(s): Individual Partner Limited General Attorney in Fact Trustee Guardian or Conservator Other: Signer Is Representing: RIGHT THUMBPRINT OF SIGNER Top of thumb here L 2010 National Notary Association NationalNotary.org 1- 800 -US NOTARY (1- 800 876 -6827) Item #5907 0592 Parcel 1: EXHIBIT A 0533 That part of the West Half Southwest Quarter of Section 24, Township 31 North Range 119 West, Lincoln County, Wyoming, part of that tract fr d the Off: of the Clerk of Lincoln C unty in R 413 y, J`YyVm;,.g, being pars 0 t t .a. aa.. of record In t w.. Office o..... 0.... of Photostatic Records on page 21, described as follows: Beginning at a point on the South line of said West Half Southwest Quarter, South 89 °57'54" West, 111.97 feet from the Southeast corner of said West Half Southwest Quarter; Thence North 00 °07'07" East, 434.53 feet, to a point on a Southwesterly line of Tract B as depicted on Plat No. 67R of record in said Office titled, "IVAN S. JOHNS AND BILL R. JOHNS PLAT OF TRACTS AND BOUNDARY ADJUSTMENT WITHIN THE WEST HALF SOUTHWEST QUARTER SECTION 24 TOWNSHIP 31 NORTH RANGE 119 WEST LINCOLN COUNTY, WYOMING", dated 26 April 1995, as revised; Thence coursing the Westerly boundary of said tract as follows: North 36 °24'48" West, 62.35 feet, to a point; North 21 °09'52" West, 102.42 feet, to a point; North 02 °38'05" East, 111.61 feet, to a point; North 37 °28'32" East, 149.93 feet to a point; North 05 °40'06" East, 71.77 feet, to a point on the South right of way line of Sixty (60) foot access and utility easement and leave said tract; Thence coursing said right of way line as follows: South 48 °31'31" West, 83.89 feet to a point at the beginning of a circular curves to the right; Westerly, along the arc of said circular curve, 90.09 feet, through a central angle of 79 °24'40 with a radius of 65.00 feet, to a point; North 52 °03'49" West, 114.78 feet, to a point; North 11 °03'16" West, 93.21 feet, to a point at the beginning of a circular curve to the left; Northwesterly, along the arc of said circular curve, 111.87 feet, through a central angle of 55 53'10 with a radius of 114.69 feet, to a point; North 66 °56'26" West, 125.01 feet, to a point at the beginning of a circular curve to the right; Northwesterly, along the arc of said circular curve, 55.52 feet, through a central angle of 21 °26'35 with a radius of 148.34 feet, to a point and leave said right of way line; Thence south 26 °17'24" West, 26.85 feet, along the Northerly extension of the Southeasterly line of Tract A -2 Revised of record in said Office on Plat no. 356F titled, "PLAT TO ACCOMPANY PARCEL DIVISION APPLICATION FOR TRACT A -1 FOR HUDSON L. ENGLAND AND CAROL ENGLAND WITHIN THE WEST HALF SOUTHWEST QUARTER SECTION 24 TOWNSHIP 31 NORTH RANGE 19 WEST LINCOLN COUNTY, WYOMING dated 26 May 1998, as revised, to the Easterly most point of said Tract A- 2 Revised; Thence continuing South 26 °17'24" West, 86.32 feet, along said Southeasterly line, to a point; Thence South 00 °06'43" West, 1048.08 feet, along a line parallel with the West line of said West Half Southwest Quarter, to a point on the South line of said West Half Southwest Quarter; Thence North 89 °57'54" East, 504.63 feet, along said South line, to the POINT OF BEGINNING. Parcel 2: TOGETHER with a right of ingress and egress and utilities over, under and across a strip of land Sixty (60) feet in width, with the centerline described as follows: BEGINNING at a spike on the Westerly right of way line of Lancaster Lane County Road No. 12 -147, North 03 °54'21" West, 913.63 feet from the Southeast corner of said West Half Southwest Quarter; Thence North 88 °18'51" West, 30.44 feet, to a spike; Thence South 48 °31'31" West, 95.74 feet to a spike at the beginning of a circular curve to the right; Thence Westerly, along the arc of said circular curve, 48.51 feet, through a central angle of 79 °24'40" with a radius of 35.00 feet to a spike at the terminus of this easement.