Loading...
HomeMy WebLinkAbout867638L 6e¢� slel ;lul Aip!Ien se6Jeyo pue seal Jayp.o pue Isamu! epnlou! 1.ou seop Lunowe 3L0 uon.ei.!w!I s!yl '00'000'12$ Paaoxa you II!M aw!� euo Aue 1uewnWlsui "moes sm. Aq peinoes lunowe Ied!ou!Jd ay1 "111A111 NOIIVDI180 Wf1WIXVW 'Z •Jepual Aq 6umJM u! peleu!WJal uaaq envy sLuaweeJ6e 6u!AIJapun Ile pue slgea pampas ayl pun loaj.j.a u! UlewQJ II!M luewnJ1sul A sNl •(AvadoJd se o1 penej.eJ Ile) peq!JOSap a else leei aye J.o Jed eq 'ein1n} aye u! ew!1 Aue le Jo 'MOU Aew nueweoeldei pue 'seinux!J 'saJnloni s 'nuewenoJdw! pue BuRs!xe lie pue JeleM pue segoilp 'silent ue!Jed!J pue JeleM Ile 'sly6!J se6 pue I!o 's1.0!J leJau!w 'se!ileAoJ 'seoueuappndde 'nuewesee 'spy6!J IIe yplM Jayga6ol '101E8 Bu!woAM 13I:13WW3)I '3AV ItIVa30 016 'dOM:13H1 lVld 1tJ101dd0 3H1 NO 0381s:10S30 SV DNI1NOAM 'AINl00 N100N11 'a31i3WW3N 3O NMOI 1VNI011:10 3H1 dO 6 )10018 dO Z 101 :Mjedoid pegiiosep 6u!Molloi aye to Jo Jemod Gip slueJJeM pue seBeStJOW 'sAanuoo 'su!e6Jeq 'sluei6 Jo6eOEJOIN Uewnnsul Alpnoes s!11 Japun eouewJoped s,JO6eBIJO1N pue slgea paJnoes ay. ainoas pue 'pa6pelmou Ioe s! yo!yM Aoue!owns pue ld!eoai ayi 'uo!leiep!suoo a genlen pue pooh Jo3 '30NVA3ANOO '1. :ale sesseippe J!ay� pue saped ayl '000Z '81, 1.sn6nV s! (wawnnsul AWnoes) eBe6lJOW s!q1 10 alep ayl 'S3IIHVd aNV 31Va ,3Jddxd MOOR V 1 0 Oqfi 3 1 j 'A v 011 00 NW "PnOIO '3S "out 'sweisAS sJeVe9 966 le 10 188 6u!woAM 'JaJewweN enuenV au!d 108 eo!JawV }o sololS ayf ;o sMel ay} Japun Bu!Ls!xe pue pez!ue6J0 )INVB 1VNOIIVN ISa13 A11Nf1WW00 :!l30N31 3DVDiaow elea 6u!piooej Jod au!1 s!yl anoq coeds 9u41000000EL000000000000004690ZOM3AE /AM e6o6)ow 6u!woAM VAVMVS S NHOf Aluno0 N100NI1 ul paleool s! AvedoJd a 11 8010-101E8 Bu!woAM ':13113WI 1a 1 801 X08 0 d VAVMVS 0 AHVW 101£8 Bu!woAm1:131:131NINDI 801 X08 0 d VAVMVS S NHOC :HODVDnIc 464 made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Lender's security and to perform any of the covenants contained in this Security Instrument. 3. SECURED DEBTS. This Security Instrument will secure the following Secured Debts: A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and replacements. A promissory note, No. 7042793, dated August 18, 2000, from Mortgagor to Lender, in the amount of $21,000.00 with an initial interest rate of 8.93 percent per year maturing on August 10, 2010. B. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security Instrument. 4. 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. 5. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement 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. 6. 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. 7. DUE ON SALE. Lender may, at its option, declare the entire balance of the Secured Debts to be immediately due and payable upon the creation of, or contract for the creation of, a transfer or sale of the Property. This right is subject to the restrictions imposed by federal law governing the preemption of state due -on -sale laws, as applicable. 8. 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. 9. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. 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 for the purpose of inspecting the Property. Lender will give Mortgagor notice at the time of or before an inspection specifying a reasonable purpose for the inspection. Any inspection of the Property will be entirely for Lender's benefit and Mortgagor will in no way rely on Lender's inspection. 10. AUTHORITY TO PERFORM. If Mortgagor fails to perform any duty or am/ 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 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. 11. ASSIGNMENT OF LEASES AND RENTS. Mortgagor grants, bargains, conveys, mortgages and warrants to Lender as additional security all the right, title and interest in and to any and all: JOHN S SAWAYA Wyoming Mortgage WY/ 3VER020694000000000000001300000014nB 6 1996 Bankers Systems, Inc., St. Cloud, MN or other Initials /Page 2 c 062d NW 'pno10 'swe1sAS sie,uee 9661® 8ub1000000£ 100000000000000b690Z0H3nE /AM j.'' slew e6v6poyy Bu!woAM VAVMVs S NH0 Aed o. saaJBe Jo8e6.JOlN 'apop AoldnniIueg sa.e.g pal!un ay. Aq peuawaad lualxa ay. 01 °slgad pamoag ay. ;O swan. 941 ul Jo; paranoid se walla ul a.eJ Isaaalu! lsay6iy ail le Ian; ul pied pun .uawAed ;o alep ay. woJ; lsa1alu! maq IIpM sasuadxa emit 'AIalelpawwl pled .ou ;I •Al9lelpawwl algeA9d pug anp ern sasuadxa °soya °Japuoi ay. ;o aaAoldwa pa!Jeles a .ou AauJolle ue o. leJJa ;aJ pue 1lne ;ap Ja. ;e saa; ,sAawoue algeuoseai 'ol pallwll .ou aJe .nq 'apnI3u1 sasuadxa luawnJlsul A.!moag say. woJ; A.JadoJd ail 6ulseala1 40 9.900 uoal9pJO3aJ Rue Jo; pue A.J9do.d 9y1 anaasaJd pue loadsul o. Japual Jo; sasuadxa Aed o. saaJBe Jo6e6.JoW •luawnJlsui Allanoas spy. Japun saapawaJ pue s.y6pU S,Japual 4.0 uoa.3a.oJd Jo 1U911193J0 ;UO 'uolloalloo 40 sasuadxa ile Aed o. sa9169 Jo696.JOiN 'Mel Aq paUlwJad lualxa ayl 01 '.Ine ;aa 1914.9 Jo u0 'SBA .SA3Na011V aNV S3SN3dX3 NO11031100 't4 •uae6e suaddey Jo sanw1uoo .1ne ;ap ay. ;l salpawaJ Rue asn 0. pue lane ;ap a Juana ay. aaplsuoo Jalel O l ly6!J s,Japual anlenn .ou saop Japual 'ApawaJ Aue asn O..ou 6ulloala Ag •ApawaI a asn o..ou sasooyo Japual 41 llne;ap e 3npeM .ou saop J9pua1 •Apawa1 J3ylo Aue asn of 146ti s,Japuoi do ana6 .ou saop Japual salpawaJ aseq. ;o aJOw 10 auo Aue 6ulsooyo Ag •lane ;ap 6ullslxa Rue ;o Gino alaidwoo aJanbai of ly6uJ S,Japua1 40 Janlenn a alnlllsuoo lou II!M pall; aJe s6ulpaaooId amsoloaao; Jaw Jo paleJalaooe sl JO anp sa aoueleq ay. Jal ;e map pamoag ayl uo luawAed lellJed 10 luawAed ul wns Aue 40 Japual Aq aoueldaooe aq j 'two; .as AlsseJdxe lou Jo JayleyM 'Ailnba Jo Mel le paranoid salpawaJ He 01 paimua sa Japua1 ay. pue 'anlsnloxa 10u pue anlleinwno.'loullslp aJe salpawaJ lIy aa. ;eaaay. awllAue JO lane ;ap a 40 aoua1Jn000 041 uodn Mel Aq paranoid Jauuew a ti! luawnJlsul Al!Jnoag say. asoloa1O; pue anp Alaleapawwt slgaa paJnoag 941 4.0 swJal ayl Aq Bu!Mo lunowe 914 ;o lied Aue JO He era' Aew Japual 'Mel awls pue IeJapa; Japun one"' Aew Jo6e61JOW sly6!J aoRou Jay.o Jo salnpayos Gulp. pannbaJ 'am3 0..146!, Aue o. loafgnS lane 4.3p s,JO6eO1JOW uo aag9llene aq Aew 19141 spun ;a1 10 s1l ;auaq aou9Jnsua He pue Aue 10; wlelo a a)lew Aew Japual •s.gaa pamoag ail Japun 6ulnno a3u919q ay. o. papp9 aq Aew pug anp AIale!pawwl aq Il!M 4.1949q S,JO6e6.JOIN uo peouenpe s.unowe AuV •A.JadoJd ay. II3s 01 JGMod ay. 'uoa. .noyl!M '6uapnloul 's.gaa paJnoag ay. o. Buluae.Jad 10 Bu!3uapana luawnJlsul Aue ua Jo Mel IeJapa; Jo awls Japun sey Japua1 Saapawai He pue Aug asn Aew Japua1 •S31a31N3H •S6 •pai!edwa Allueol ;au64 sa A.Jad01d ay. ;o amen a JO aouewIO;Jad '.uawAed ;o .3adsoad ayl lei. anallaq AlgeuoseaJ o. Japual sasneo •9Lil suaddey asla 6uty.Auy °A.IJnaesuf '0 's1g paJnoag ay. 6u!Alue1enB Jo BuLJn3as '6ua.9a1O 4.0 asodand ay. Jo; palnOaxa luawnoop Jay.o Aue Jo luawnJlsul Al!Jn sty. 4.0 wag. Aue say39aaq s.gaa pamoag ayg uo pole61190 Alaed Auy •waal Jo uoallpuo0 ;o eanlled '8 anp ua luawAed a)lew o. site; s.gaa pamoag ay. uo pale6llgo A1J9d AuV •SluawAed :Jn33o 6uiMollo; ayl 40 Aug 41 .Ine ;ap u! aq II!M J06e61J0W '11nv 13a 71, °Mei alge0pldde pug S3seal ow. 4.0 swJal ay1 y1!M Aldwoo 01 lueual Aue 9.anb3i pug uae.uaew 01 993169 0919 Jo6e6.JOlN •Me1 .ueua. /paolpuel a1ge311dde Aug JO saseal ay. Japun slslxa .Ine ;ap ou ley. SIue.JeM Jo6e6.JOw •luawnJlsul A.aan3aS 9!141 ul paranoid se paaldde aq II!M mown slunowe AuV spun; 19!10 Aue y.ann sway ay. aIBUlwwoo .ou IIIM pug Japual Jo; .Snil ua sway Aue anla3aJ Mann pue uoassassod s,JO6e6.JOLA4 ul sway 10 .uawAed Aug Japua1 o. Janpap pue asaopua II!M Jo6961J0AJ 'ling ;ap 4.0 a3a.ou 13ulnla3a4 up •Japual o. Al.3anp sway 9Jn.n; Ile Aed .ueuG. Aue ley. spuewap pug lane ;ap S,JO6eB.JOLN 4.0 Jo6e6.JOlN saa ;a.ou 11.1369 S11 Jo 'Japual uayM Jn000 of pawaap sa uoassessod len.oe .914. pue uoa.3e 19691 6uaouawwoo 4.0 Al!ssa3au ay. lnoy.IM AIJadoid ay. 4.0 uotssassod 19n13e Aew Japua1 .eyl 993169 Jo6e61JOW •pal ;sales aJe s.gaa pa1noog ay1 pun po!Jad uopldwapai Aue Bupanp .O9 4.9 up Ulewa1 111M luewu6psse say. 19141 pug 'noel Aq pegoosaad uoal3e anllew1a ;e s9)Ie1 Japua1 uayM sallied pim ol se analog ;a sa luawu6asse say.wig saaJBe Jo6eOlJOVV •luawnJlsul A.aanoaS says 01 sawed 9141 uaaM.aq anploa ;a Ala.elpawwl sa luawu6psse spy. 19 saaJBe JO696.JOW •luawnJlsul A.tmoag sly. 40 swJa. ay. Japun line ;ap ul LOU sl Jo6e6.JO1N se 6uol os sway mg asn pug Aofua 'anlaoaJ 'loallO3 Aew Jo6961JOIN saseal 3Jnln; pug 6up.slxa Ile ;0 sa!doo 1331100 pug awl 1411M Japua1 appno1d Ai.dwoid IIIM JoB961JOIN A.JadoJd ay. 4.0 .Jed Aue JO aloyM ay. ;0 Aouedn000 10 asn ay. 4.0 luno3oe uo am JO 01 u!elied Aem Aue ul ley. aney Aew JoBe6.aoW y3lgM Sw!el3 pue s.i6iJ IIe pue 'sa1916ue1u1 lwweue6 'S.y61J .3e1.uo3 'slunoo3e 'sasnuoq 'spaazoad 'saalleAol 'SanuanaJ 's.dpaoa1 .san6 'a3ueansua „slua1 1.0 ssol„ 'swnawaad uollellaoueo 'line ;ap 6u1MO11o; sa6ewep pa.9panbal 'suo!lnq!Jluo3 wniwaid a3u9Jnsul 'saxel alg99aldde Jay10 'saxel Kelso 193J '9961940 6upIJed '99619143 a3ueualutew ewe uoww03 '1u31 leuolllppe 'luaJ 9691ua3Jad wnwlulw 's.isodap A1!Jnoas o. pa.awal 1ou .nq Buppnloua '(sluag se o1 pa113 43J Ile) saa ;aid pue sanssl 'sway °g (saseal se 01 p9119491 Ile) S.uawaaJBe Lions ;o su0l.nll.sgns Jo suoa.9ol ;°pow 'slennauai 'suolsua.xa Aue Bulpnpup 'A.JadOid ay. ;o uol.JOd Aue 4.0 Aouedn000 pug asn 3y1 Jo; sluawaa169 legion Jo ua..uM 191410 Aue pue saa.U9Jen6 'sasua0ll 'sasealgns 'saseal aanln; Jo Bu!ls!x3 C9 46G the reasonable attorneys' fees Lender incurs to collect the Secured Debts as awarded by any court exercising jurisdiction under the Bankruptcy Code. 15. 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), 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. 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. 16. 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. 17. INSURANCE. Mortgagor agrees to keep the Property insured against the risks reasonably associated with the Property. Mortgagor will maintain this insurance in the amounts Lender requires. This insurance will last until the Property is released from this Security Instrument. Mortgagor may choose the insurance company, subject to Lender's approval, which will not be unreasonably withheld. All insurance policies and renewals will include a standard "mortgage clause" and, where applicable, "loss payee clause." Mortgagor will give Lender and the insurance company immediate notice of any loss. All insurance proceeds will be applied to restoration or repair of the Property or to the Secured Debts, at Lender's option. If Lender acquires the Property in damaged condition, Mortgagor's rights to any insurance policies and proceeds will pass to Lender to the extent of the Secured Debts. Mortgagor will immediately notify Lender of cancellation or termination of insurance. If Mortgagor fails to keep the Property insured Lender may obtain insurance to protect Lender's interest in the Property. This insurance may include coverages not originally required of Mortgagor, may be written by a company other than one Mortgagor would choose, and may be written at a higher rate than Mortgagor could obtain if Mortgagor purchased the insurance. 18. ESCROW FOR TAXES AND INSURANCE. Mortgagor will not be required to pay to Lender funds for taxes and insurance in escrow. 19. CO- SIGNERS. If Mortgagor signs this Security Instrument but does not sign the Secured Debts, Mortgagor does so only to mortgage Mortgagor's interest in the Property to secure payment of the Secured Debts and Mortgagor does not agree to be personally liable on the Secured Debts. If this Security Instrument secures a guaranty between Lender and Mortgagor, Mortgagor agrees to waive any rights that may prevent Lender from bringing any action or claim against Mortgagor or any party indebted under the obligation. These rights may include, but are not limited to, any anti deficiency or one action laws. JOHN S SAWAYA Wyoming Mortgage WY/ 3VER020694000000000000001300000014nB ©1996 Bankers Systems, Inc., St. Cloud, MN Initials/ Page 4 Obti7638 4 6 20. WAIVERS. Except to the extent prohibited by law, Mortgagor waives all homestead exemption rights relating to the Property. 21. APPLICABLE LAW. This Security Instrument is governed by the laws of Wyoming, except to the extent otherwise required by the laws of the jurisdiction where the Property is located, and the United States of America. 22. 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. The duties and benefits of this Security Instrument will bind and benefit the successors and assigns of Lender and Mortgagor. 23. 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 is 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. 24. 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. 25. NOTICE, FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. 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 party will be deemed to be notice to all parties. Mortgagor will inform Lender in writing of any change in Mortgagor's name, address or other application information. Mortgagor will provide Lender any financial statements or information Lender requests. All financial statements and information Mortgagor gives Lender will be correct and complete. 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. Time is of the essence. SIGNATURES. 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. MO5,TdAGb J•- °NS' MARY 0 SAWAYA ACKNOWLEDGMENT. (Individual) ict JOHN S SAWAYA Wyoming Mortgage WY/ 3VER020694000000000000001300000014nB OF v CO tcn fj OF L..Ttico ss. This instrument was acknowled d before me this (l day of us ,t a.00 d by JOHN S SAWAYA, and MARY 0 SAWAYA. My commission expires: PAULA M. FERENTCHAK Notary Public. State of Wyoming My Commissi of fires 1 I Expires 91118120()3 ad;-e- Vii /14 (Notary Public) ®1996 Bankers Systems, Inc., St. Cloud, MN Initials #age 5