HomeMy WebLinkAbout867757Aue ;o esseieJ peuelea114l Jo 'eseale. 'Issodslp 'luewl8eJI 'eye .10 ;s 'e .1nloe;nuew 'uog8Jeue6 'esn Aue '6u!}uM u! Jepuel Aq pe6palMounoe pus
o} pesoloslp Alsno!neJd ss Ideoxe 'ueeq seq easy; ;syl eneneq o} uosseJ JO 'lo 86pelmowl ou set; Jo }ueeO (q) :ApedoJd eq; wail Jo ;noge 'Jepun
'uo uosied Aue Aq eous ;sgns Jo e;sem snoprnzsq Aue ;o esseleJ peue;seJyl Jo esse;ei 'lesods!p ;uewleeJj 'e6EJo;s 'ein;os;nuew 'uo!I8Jeue6 'esn
ou ueeq say easy} 'Apedoid ay; ;o d!ysJeuMo s,JolueJO ;O potted ail 6uuna (e) :ley; Jepue o} slueiJeM pus slueseideJ Jo}usa0 •solsegse pus
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sum; eyI •6u1o6eJO; eq; ;o Aue o; ;uens .1nd pe }dope suonlelnBeJ Jo 'se;ni 'sMS! Ie.1eped JO ems elgeo!ldde Jeylo Jo 'goes ;a 1069 uon ;oeS
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66P 'oN '1 'qnd '9861 ;O }0y uollez!JOt ;need pus sluewpuewy punpednS eq; '(„y101:130 'bas ;e '1096 uogoeS •0'S'n Z4 'pepuewe
se '0861 ;o ;oy Amp ll pus 'uo! ;esuedwoO 'esuodsebl Is ;uewuoilnu3 ennsuege .1dwo0 eq; u! two; ;es se s6ulusew ewes et; envy lists 'e6e6poW
s!q; u! pesn se eseeIeJ peue eeiy;„ pus „'eseeleJ„ issodslp„ eoue;sgns snopJezey„ a ;seM snop .1szeq„ sw .1e; e41 •seeuelsgns snopJezeH
'enlen sl! eiueseid o} AJSsseoeu
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•ApedoJd eq; WOJI slued
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•sseupelgepui et} q;nm uonoeuuoo u! pe;noexe `Bunstxe Ja};eeJaq JO MOU JeylayM's ;uawnOop
pus slueweeiOB 'sluewnJ }sun Jey ;O Ile pus 'ism; to speep 'sete61JOw 'sweweaJ6s AI!Jnoes 'sequEJen6 's }uaweei6e Ieluewuoi!nue 'slueweeJ6e
ueo! 'slueweeJ6s men 'selou AJoss!wo.1d Ile uo! }e }lwli }noynM apnpu! pus LAM! „s;uewn3oa pe;e!eu„ spJoM eql •sluewnooa POWIGH
•uonloes „e6e6poW to lueJO„ ey} u! snags peq!Josep slg8n.1 pus s ;se .1elul 'Apedo.1d eq; ueew „Apedoid !sag, spJoM eyI JedoJd ;Bad
•ApedoJd IeuosJad eq; pus Apedoid Meld ay; AIenlloeIloo sueew „Apedoid„ PJom eta •A4JedoJd
'Apedoid eq; ;O uonisodsnp Jey ;o Jo ems due way (swn!we .1d
spunlei pus speeoo.1d eoue .1nsun Ile uone ;nwnl ;noy ;!m 6u!pnpu!) speeoo.1d ilB t ;!m Jegla6o; pus :Apedo.1d Lions ;o Aus `Jo; suonn ;I ;sgns lie pus
s;ueweoe;dei !is 'o; suo!1!ppe pus 'sped 'suo!sseooe !is qI!M Jayle6o} :ApedoJd lead eq; o; pens Jo peyoel;e JeUeeJet .10 Mou pus 'JO;ueJ9 Aq
peuMO JallBOJay .10 Mou Apedoid Isuos .1ed ;o SepnJB Jay ;o pus 'sa .1npq 'luawdtnbe ne ueew „Apedoid IeuosJad„ spJOm 841 'ApadOJd IeuosJad
•Iueweej6e Jo emu kJoss!wo .1d eq; Jo; suognnlsgns
pus `lo suonepnosuo0 ;o s6upueuneJ ;o suoneonlpow ;o suo!sua;xe ;o s!BMeueJ Ile q ;!M Jay }e6o; 'Jepual oI Ja;um a woJ;
;o lunowe ledlou!Jd 1eul6lao 841 ul '000Z `LL lsnBny Polyp lueweei6e Wen JO e;ou AJossnwo .1d ayI sueew „eloN„ pJOM 8U1 •eloN
*slued pus Apedoid IeuosJad 941 oI BugeleJ SUO!SIAOJd ;se .1e;u1
Awnoes pus s;uewu6lsse ne uone;!w!I ;nogllm sepnpul pus 'Jepuel pus Jo;usJO ueemleq e6e6poW s!q; sueew „e6e6poW„ pJOM 841 •86t¢63JOW
•e6e6poW sly; Jepun
ee6e6pow et; s! Jepual eqj •su6nsss pus s .1osseoons 'HON Vida NOidy 1S3M )N` E1 1VNOILVN 1SHId sueew „Jepuel, Nom e41 'nom,
°e6e6poW s!4; u! pepinoJd se s;unows tons uo ;seJe }u!
qI!M Jetle6ol 'e6e6poW sly} Jepun Jowale ;o suoge6!Igo ewJo ;ue o} Jepuel Aq peJJnou! sesuedxe Jo JOIu8Je to suoioBnlgo e6Jetostp of Jepuel
Aq peouenpe Jo pepuedxe slunowe Aue pus eloN eq; Jepun elgmAed IseJelu! pus Isdnou!Jd Ile sueew „sseupajQepul„ pJOM e41 •ssaupalgepul
'Apedoid lead 014 uo uononi;suoo Jeglo pue slueweoeldeJ 'suon!ppe 'saws; 'ApadoJd lead eq; uo pexn0e savoy aglow
'samprJls 's6ulpl!nq 'sluewenoidw! a .1nln; pus 6unstxe 118 uogelnwn Inogl!M sepnpul pue sueew „s;ueweno .1dwl„ ;Nom e41 •sluawanoJdwl
•sseupelgapul ayI 4nM uonoeuuoo
u! saiped uogepoww000e pus 'segeJns 'sJo ;uBJen6 eql ;o 118 pue pee uo! ;e }!wni Inoy ;!M sepnlOu! pus sueew „JOluBJen9„ mom 841 •Jolu8Jan9
•e6e6poW sly} Jepun.1o6s6pow eq; s! Jo!UBJO e4i 'min9 3N3HI sueew „JOlueJO„ pJOM ayI •JOlui o
•e0!Jewy ;o se;elS pel!un 841
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is e6e6pow sno u! peugep eslMJe1 0 ;ou sw .1e1 •e6e6poW sly; u! pesn uegM s6u!ueew Bu!Mono; eq; eney !lays SPJOM BuIMollo; ail 'SNOI1INId3a
slued pue Apedoid IeuosJad eq; u! IsaJe ;U! AI!JnOes 0po0 lapJawwo0 wJO ;nun a Jepual o; s}ueJ6 JOIuBJO 'uo!1!ppe
u! •ApodoJd ayI woJ; shield 118 PUB Apedoid BHA ;o sesea! 118 oI PUB u! IsaJe;ul pus 'eng 'I1161J s,JO ;uBJO ;O ne Jepual o} suBlsse Anuese .1d JowlJo
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paleooi 'sJe;lew J8!!w!s pus IBWJ81.0086 `se6 '110 'SIBJaunw ne uogel!wn ;noy!M 6ulpnpun 'Apedoid Ie8J eq; o} 6ugelaJ s }gold pus 'se!}!ed0J 's 11;6UJ Jey10
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u! pensst uoluldo ell!) leul; Jo 'podei ann 'Rollod eouemsul awl Rue Ut .10 uo fd!JOSep Apedoid peed eyn up qpo) )es asoy; us44 Je44o seouglgwnoue
pus sue!' Ile ;o J13910 pue 881; eldwps ea; up ApadoJd eyi of propel 4o ens elgsie>lJew pus pooB smog Joivale (e) new slueJJSm Jo ;uBJO *awl
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Jepuei Jsq o; se os itng ;ep eyi BupJnO se penJisuoo eq lou Heys Jepuei Aq uo;os yons Ruy itne ;ep eyi Jo iun000e uo pen sue eq Amu Jepuei yolyM o4
seppewei Aug Jo s41161 113440 Rue 04 IJORIppe up eq Heys yde16eJ8d spin u! Jo; peptnoid sly6tJ ay1 •s4unow13 eseyl ;o luewRed elnoes II!m osps e6e6poW
S!41 •Aiun;gw s,e ;oN e4; }e elgeied pug enp eq Iltm y3!yM luewRed uoo11sq 13 se pelsei; eq (o) Jo '010N eyi ;o wmei 6utulewai eyi (II) Jo Ao;od
eouemsul elgeopdd13 Rue ;O WJel ail (I) Jaylle Bupnp enp ewooeq o; s;uewAed 4uew118 ;sup Rug y ;pm etgemed eq pug Buowe peuotpodde eq pue 9}oN
ey ;o eoweleg ail o; peppe eq (q) 'puewep uo etgeRed eq (8) illm'uolndo s,Jepuel;e'sesuedxe yons ply •JolueiO Aq;uewAmdel }o elep eyi 0) Jepuei
Aq Pled Jo pejjnoup e;ep eyi woJ; 910N ayn up 1o; pepinad slap ay; is IsOJe4up leeq IIIM 6utop os up spuedxa Jepuei ley} nunowe Auy •elepdadde
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pInoM;eq; peouewwoo st Bulpeeoojd Jo uol)Oe Aum ;I JO 'e6e6poyy spin jo uopstnoid Rum y ;pm Aldwoo on s11g; J0lU J9 n '83ON31 A9 S3Hf111ON3dX3
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stye Aq peienoo Apedoid ey; }o Jeseyolnd ey; 'o; ssed pue ;o ;Heueq ey) on emu! is eougjnsul peJldxeun Auy 'ales le eouv nsu; paJldxaun
•mo ;Lime 01 pied aq Heys speeoad yOns'sseupe ;gapul ey) jo inn; ul ;uewisd Jenne speeooJd Aug
sploy Jepuei ;l 'sseupe ;gepul ail ;o eou13leq Iedloupd ey; on petidde eq Heys 'Rue 'Jeputew13J ey) pue '189J84U! pen.008 Red o; ley; 'e6e6pow
spin Japun Jepuei 04 BulMO ;unowe Aug Red on pig pesn eq Heys Rpedo.d a4; ;o not ;gJo ;sei Jo JledeJ ey4 O; peptwwoo ;ou sey Jepuei yOtym
pus ldlaOeJ Jleyl Jenne sAep 0e1, u14nk\ pesingslp ueeq ;ou ma; yopyM speeooJd Auy •e6e6poW sly; Jepun ;Ing ;ep u! sou s! JaiumJ0 uotleJolseJ Jo
JledeJ ;o ;Soo elgeuoseej ey; Jo; speeooJd a4; wa; Jonuglo esingwle) JO Red 'eJn;1Puedxe yons ;o ;ooid AJOyyu ;sues uodn 'Heys Japuei •Japuei
of AJolog ;sines Jeuuew 13 up sluewano.dw! pe /oilsep Jo pe6gwep 1344 eogideJ Jo nedeJ Heys JolueJ9 'JledeJ pue not ;eJo ;set 0; speeooJd ail Aidde
on moans Jepuei ;1 'Apedoid eon ;o nuclei pug uogglo ;sei an .10 'Apedad ey; Bunoe;;13 uell Rug jo luewRed 'sseupe ;gapul ey; ;o uolonpel ey; on
speeoad ey; Aldde 'uo!oe;e s;i le 'Rgw Jepuei 'penedwl s! A41Jnoes s,Jepuel lou Jo Ja44ayM 'A ;Isnseo ey) ;o sAsp (g1.).uee441; Mille os op o; sue;
JO ;1113)0 ;I ssoi ;o load egsw Aew Jepuei 'Apedoid eyi 04 eBewep Jo ssol Aue jo Jepuei A;llou AHdwoJd Heys JolueJO •speeooJd lo uo1)Uollddy
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wnwlxew ail o; do 'ueol eyi 10 eousteq ledloulJd pladun Inn} ey; Jo; eousinsul poold limped uleiulew pus ups ;go o; saeJ6e Jo ;u8J0 '88J8 pJezgy
poop; Ietoeds g ss Aoue6y luewe6sueW Aoue6Jew3 Igleped eyi ;o 1o;oena ey; Aq pe;eu6psep 88113 UB up pa;eOOI ewooeq awl; Aue }13 Apedad
lead ey; pinoys •uosied Jeyno Rug Jo J04118J9 ;o nine ;ep Jo uO!SSpwo 'nos Rub Aq ISM Aug up penadwt eq 4011 ppm Japuei jo Jong; u! 86e18noO
484) Bulpino)d Iu9wasJopu8 ue epniow Heys os18 ROHod aougmsul yoga 'e0Hou yons anl6 01 amp; 10; A)!I!g8l1 s,J8lnsup eyi ;o Jewl810slp Aug
Bututeiuoo ;ou pug Jepuei o; eonou ue ;ijm Jopd ,sAsp (01.) uep ;o wnwlupw a lnoyn!M peyslulwip Jo papeou8o eq ;ou Ipm e08Jenoo ;sin not ;eIndpis
e Bulupeluoo JeJnsup yoga woJ; O613J9n00 ;o s9 ;8ot ;tpeo Jepuei on 19n!Iep Heys J01111319 Jepual 04 alge;deoos Aigsuosee) eq Rsw se w1o;
yons u! pug sepuedwoo eouemsul yons Aq uenIJM eq plays selollod •Jepuel ;o Jong; uI asnspp ea6s6pow pjepue;s 8 444M pug 'esnepo eoueinsuloo
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`seoiAJes ')1oM eyn ;o ;un000s uo pepesss eq pinoo 118!1 Jaylo Jo 'U811 s,uewlgpa;ew 'Lien! s,olugyoow Rue }t 'Apedoid 944 on patiddns 81g siopo ;sw
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Heys pus S;UewsseSS8 Jo sexm; ey; ;o ;uewAsd ;o eouepine A)o;os ;sties Jepuei on yspwn; puewep uodn Heys Jo ;uOJO •luewRed 40 aauepin3
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ey} Jepun albs Jo 01nsol0eJO; a jo wise) a se enJooe ppnoo 4844 Sa61040 J81440 J0 see; ,sIeulogg etgeuoseaJ pue s ;Soo Rug snid uell eyi a6J8yospp 01
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08 -17 -2000
Loan No 64002377 (k.„167757
MORTGAGE
(Continued)
746
Page 3
this Mortgage to Lender.
Defense of Title. Subject to the exception in the paragraph above, Grantor warrants and will forever defend the title to the Property against the
lawful claims of all persons. In the event any action or proceeding is commenced that questions Grantor's title or the interest of Lender under this
Mortgage, Grantor shall defend the action at Grantor's expense. Grantor may be the nominal party in such proceeding, but Lender shall be
entitled to participate in the proceeding and to be represented in the proceeding by counsel of Lender's own choice, and Grantor will deliver, or
cause to be delivered, to Lender such instruments as Lender may request from time to time to permit such participation.
Compliance With Laws. Grantor warrants that the Property and Grantor's use of the Property complies with all existing applicable laws,
ordinances, and regulations of governmental authorities.
CONDEMNATION. The following provisions relating to condemnation of the Property are a part of this Mortgage.
Application of Net Proceeds. If all or any part of the Property is condemned by eminent domain proceedings or by any proceeding or purchase
in lieu of condemnation, Lender may at its election require that all or any portion of the net proceeds of the award be applied to the Indebtedness
or the repair or restoration of the Property. The net proceeds of the award shall mean the award after payment of all reasonable costs, expenses,
and attorneys' fees incurred by Lender in connection with the condemnation.
Proceedings. If any proceeding in condemnation is filed, Grantor shall promptly notify Lender In writing, and Grantor shall promptly take such
steps as may be necessary to defend the action and obtain the award. Grantor may be the nominal party in such proceeding, but Lender shall be
entitled to participate in the proceeding and to be represented in the proceeding by counsel of its own choice, and Grantor will deliver or cause to
be delivered to Lender such instruments as may be requested by it from time to time to permit such participation.
IMPOSITION OF TAXES, FEES AND CHARGES BY GOVERNMENTAL AUTHORITIES. The following provisions relating to governmental taxes, fees
and charges are a part of this Mortgage:
Current Taxes, Fees and Charges. Upon request by Lender, Grantor shall execute such documents in addition to this Mortgage and take
whatever other action is requested by Lender to perfect and continue Lender's lien on the Real Property. Grantor shall reimburse Lender for all
taxes, as described below, together with all expenses incurred in recording, perfecting or continuing this Mortgage, including without limitation all
taxes, fees, documentary stamps, and other charges for recording or registering this Mortgage.
Taxes. The following shall constitute taxes to which this section applies: (a) a specific tax upon this type of Mortgage or upon all or any part of
the Indebtedness secured by this Mortgage; (b) a specific tax on Grantor which Grantor is authorized or required to deduct from payments on the
Indebtedness secured by this type of Mortgage; (c) a tax on this type of Mortgage chargeable against the Lender or the holder of the Note; and
(d) a specific tax on all or any portion of the Indebtedness or on payments of principal and interest made by Grantor.
Subsequent Taxes. If any tax to which this section applies is enacted subsequent to the date of this Mortgage, this event shall have the same
effect as an Event of Default (as defined below), and Lender 'may exercise any or all of Its available remedies for an Event of Default as provided
below unless Grantor either (a) pays the tax before it becomes delinquent, or (b) contests the tax as provided above in the Taxes and Liens
section and deposits with Lender cash or a sufficient corporate surety bond or other security satisfactory to Lender.
SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Mortgage as a security agreement are a part of this
Mortgage.
Security Agreement. This instrument shall constitute a security agreement to the extent any of the Property constitutes fixtures or other personal
property, and Lender shall have all of the rights of a secured party under the Uniform Commercial Code as amended from time to time.
Security Interest. Upon request by Lender, Grantor shall execute financing statements and take whatever other action is requested by Lender to
perfect and continue Lender's security interest in the Rents and Personal Property. In addition to recording this Mortgage in the real property
records, Lender may, at any time and without further authorization from Grantor, file executed counterparts, copies or reproductions of this
Mortgage as a financing statement. Grantor shall reimburse Lender for all expenses incurred in perfecting or continuing this security interest.
Upon default, Grantor shall assemble the Personal Property in a manner and at a place reasonably convenient to Grantor and Lender and make it
available to Lender within three (3) days after receipt of written demand from Lender.
Addresses. The mailing addresses of Grantor (debtor) and Lender (secured party), from which information concerning the security interest
granted by this Mortgage may be obtained (each as required by the Uniform Commercial Code), are as stated on the first page of this Mortgage.
FURTHER ASSURANCES; ATTORNEY -IN -FACT. The following provisions relating to further assurances and attorney -in -fact are a part of this
Mortgage.
Further Assurances. At any time, and from time to time, upon request of Lender, Grantor will make, execute and deliver, or will cause to be
made, executed or delivered, to Lender or to Lender's designee, and when requested by Lender, cause to be filed, recorded, refiled, or
rerecorded, as the case may be, at such times and in such offices and places as Lender may deem appropriate, any and all such mortgages,
deeds of trust, security deeds, security agreements, financing statements, continuation statements, instruments of further assurance, certificates,
and other documents as may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete, perfect, continue, or
preserve (a) the obligations of Grantor under the Note, this Mortgage, and the Related Documents, and (b) the liens and security interests
created by this Mortgage as first and prior liens on the Property, whether now owned or hereafter acquired by Grantor. Unless prohibited by law
or agreed to the contrary by Lender in writing, Grantor shall reimburse Lender for all costs and expenses incurred in connection with the matters
referred to in this paragraph.
Attorney -In -Fact. If Grantor fails to do any of the things referred to in the preceding paragraph, Lender may do so for and in the name of
Grantor and at Grantor's expense. For such purposes, Grantor hereby Irrevocably appoints Lender as Grantor's attorney -in -fact for the purpose
of making, executing, delivering, filing, recording, and doing all other things as may be necessary or desirable, in Lender's sole opinion, to
accomplish the matters referred to in the preceding paragraph.
FULL PERFORMANCE. If Grantor pays all the Indebtedness when due, and otherwise performs all the obligations imposed upon Grantor under this
Mortgage, Lender shall execute and deliver to Grantor a suitable satisfaction of this Mortgage and suitable statements of termination of any financing
statement on file evidencing Lender's security interest in the Rents and the Personal Property. Grantor will pay, if permitted by applicable law, any
reasonable termination fee as determined by Lender from time to time.
DEFAULT. Each of the following, at the option of Lender, shall constitute an event of default "Event of Default under this Mortgage:
Default on indebtedness. Failure of Grantor to make any payment when due on the Indebtedness.
Default on Other Payments. Failure of Grantor within the time required by this Mortgage to make any payment for taxes or insurance, or any
other payment necessary to prevent filing of or to effect discharge of any lien.
Compliance Default. Failure of Grantor to comply with any other term, obligation, covenant or condition contained in this Mortgage, the Note or in
any of the Related Documents.
False Statements. Any warranty, representation or statement made or furnished to Lender by or on behalf of Grantor under this Mortgage, the
Note or the Related Documents is false or misleading in any material respect, either now or at the time made or furnished.
Defective Collateralizatlon. This Mortgage or any of the Related Documents ceases to be in full force and effect (including failure of any collateral
documents to create a valid and perfected security interest or lien) at any time and for any reason.
Death or Insolvency. The death of Grantor, the insolvency of Grantor, the appointment of a receiver for any part of Grantor's property, any
assignment for the benefit of creditors, any type of creditor workout, or the commencement of any proceeding under any bankruptcy or insolvency
laws by or against Grantor.
Foreclosure, Forfeiture, etc. Commencement of foreclosure or forfeiture proceedings, whether by judicial proceeding, self -help, repossession or
any other method, by any creditor of Grantor or by any governmental agency against any of the Property. However, this subsection shall not apply
in the event of a good faith dispute by Grantor as to the validity or reasonableness of the claim which is the basis of the foreclosure or forefeiture
proceeding, provided that Grantor gives Lender written notice of such claim and furnishes reserves or a surety bond for the claim satisfactory to
Lender.
Breach of Other Agreement. Any breach by Grantor under the terms of any other agreement between Grantor and Lender that is not remedied
within any grace period provided therein, including without limitation any agreement concerning any indebtedness or other obligation of Grantor to
Lender, whether existing now or later.
Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies
or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Lender, at its option, may, but
shall not be required to, permit the Guarantor's estate to assume unconditionally the obligations arising under the guaranty in a manner satisfactory
to Lender, and, in doing so, cure the Event of Default.
Insecurity. Lender in good faith deems itself insecure.
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08-17-2000 0b67'i 5 MORTGAGE
Loan No 64002377 (Continued)
subsequent instances where such consent is required.
GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MORTGAGE, AND GRANTOR AGREES TO ITS TERMS.
GRANTOR:
IRENE BLAIR
B y- y�.r
Notary Public 1
On this day before me, the undersigned Notary Public, personally appeared IRENE BLAIR, to me known to be the individual described in and who
executed the Mortgage, and acknowledged that he or she signed the Mortgage as his or her free and voluntary act and deed, for the uses and
purposes therein mentioned.
11L- Given y hand and official s 1 this 7 day of 20 ad
State of
INDIVIDUAL ACKNOWLEDGMENT
LASER PRO, Reg. U.S. Pat. T.M. Off., Ver. 3.27 (0) 2. 00 CFI ProServlces, Inc. All rights reserved. [WY -0103 F3.26b P3.26b IBLAIR.LN)
My commission expires
748
7 I a NOTARY PUBUC
Ct>taltyd Stud
Lincoln
Wyoming
mission Expires Se t ember 18 2003
Line
M0 ,Com p
Residing at .42e—
Page 5