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HomeMy WebLinkAbout867158'F/ LB86 WJOj •iapuat tguolpnlnsut ue st laptoq cans j! 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'itgluout roj 8ulptnold „aloN„ ularag) joaiagl stemma.' pug suolsuapxa pug 0002 81 Rtnr polyp alou s,zamoaaog paouaprna s! ssaupalgapu! golgm 0 0 0 0 0 '9£ S' n jo urns tgdlouud agl u! iapua 01 palgapu! s! aamo u.zog „iapuai„ u!atag) s! ssa.zppg asogm pug pazluu2ao uopgzodtoo u `aag21aoIN agp pur aamoaaog„ armor) `J0 ],lout a (1 uaamlag 000Z N V r irir 00 a 680899:N1 „ssazppd pocloud„) [apo0 th N i ∎4!” G3AI333J 1.6ZL SWMOd 3DVD.LUOW &VA y 40 L a6ed 1N3Wf1HiSNI WHOdINfO 3W1Hi /VWNI 08 /1. 3DVD1H0W ON003S DMIAIOAM TOT 8 8uturoJiM `[401 TIHEHWINS)i S391191/01V Jet:7710RO 33S a gli 31ow s!ti //r S1£09 VI dlnr jo ,igp Hovo ;aoIN 8 g I L J O zolz Les) (AM)9L `Sdd2IHHM 'seutoW sea 'ST elTnS 'e lies 1061 tatoi Jo smgt am iapun 1.111s1xa •oui 'AginbH eWoH saaewY (e3TM pusgsnH) allYTIOd W SNS'IZnia auY'I'Iod v sawvr 1 I18T slgl apguu s! H0 \012IO1/1 SIM. T HOW Ed xO 1 6 0 If Borrower pays Funds to Lender, the Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a federal or state agency (including Lender if Lender is such an institution). Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents. Lender may not charge for so holding and applying the Funds, analyzing said account or verifying and compiling said assessments and bills, unless Lender pays Borrower interest on the Funds and applicable law permits Lender to make such a charge. Borrower and Lender may agree in writing at the time of execution of this Mortgage that interest on the Funds shall be paid to Borrower, and unless such agreement is made or applicable law requires such interest to be paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds showing credits and debits to the Funds and the purpose for which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured by this Mortgage. If the amount of the Funds held by Lender, together with the future monthly installments of Funds payable prior to the due dates of taxes, assessments, insurance premiums and ground rents, shall exceed the amount required to pay said taxes, assessments, insurance premiums and ground rents as they fall due, such excess shall be, at Borrower's option, either promptly repaid to Borrower or credited to Borrower on monthly installments of Funds. If the amount of the Funds held by Lender shall not be sufficient to pay taxes, assessments, insurance premiums and ground rents as they fall due, Borrower shall pay to Lender any amount necessary to make up the deficiency in one or more payments as Lender may require. Upon payment in full of all sums secured by this Mortgage, Lender shall promptly refund to Borrower any Funds held by Lender. If under paragraph 17 hereof the Property is sold or the Property is otherwise acquired by Lender, Lender shall apply, no later than immediately prior to the sale of the Property or its acquisition by Lender, any Funds held by Lender at the time of application as a credit against the sums secured by this Mortgage. 3. Application of Payments. Unless applicable law provides otherwise, all payments received by Lender under the Note and paragraphs 1 and 2 hereof shall be applied by Lender first in payment of amounts payable to Lender by Borrower under paragraph 2 hereof, then to interest payable on the Note, and then to the principal of the Note. 4. Prior Mortgages and Deeds of Trust; Charges; Liens. Borrower shall perform all of Borrower's obligations under any mortgage, deed of trust or other security agreement with a lien which has priority over this Mortgage, including Borrower's covenants to make payments when due. Borrower shall pay or cause to be paid all taxes, assessments and other charges, fines and impositions attributable to the Property which may attain a priority over this Mortgage, and leasehold payments or ground rents, if any. 5. Hazard Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and such other hazards as Lender may require and in such amounts and for such periods as Lender may require. The insurance carrier providing the insurance shall be chosen by Borrower subject to approval by Lender; provided, that such approval shall not be unreasonably withheld. All insurance policies and renewals thereof shall be in a form acceptable to Lender and shall include a standard mortgage clause in favor of and in a form acceptable to Lender. Lender shall have the right to hold the policies and renewals thereof, subject to the terms of any mortgage, deed of trust or other security agreement with a lien which has priority over this Mortgage. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. If the Property is abandoned by Borrower, or if Borrower fails to respond to Lender within 30 days from the date notice is mailed by Lender to Borrower that the insurance carrier offers to settle a claim for insurance benefits, Lender is authorized to collect and apply the insurance proceeds at Lender's option either to restoration or repair of the Property or to the sums secured by this Mortgage. 6. Preservation and Maintenance of Property; Leaseholds; Condominiums; Planned Unit Developments. Borrower shall keep the Property in good repair and shall not commit waste or permit impairment or deterioration of the Property and shall comply with the provisions of any lease if this Mortgage is on a leasehold. If this Mortgage is on a unit in a condominium or a planned unit development, Borrower shall perform all of Borrower's obligations under the declaration or covenants creating or governing the condominium or planned unit development, the by -laws and regulations of the condominium or planned unit development, and constituent documents. 7. Protection of Lender's Security. If Borrower fails to perform the covenants and agreements contained in this Mortgage, or if any action or proceeding is commenced which materially affects Lender's interest in the Property, then Lender, at Lender's option, upon notice to Borrower, may make such appearances, disburse such sums, including reasonable attorneys' fees, and take such action as is necessary to protect Lender's interest. If Lender required mortgage insurance as a condition of making the loan secured by this Mortgage, Borrower shall pay the premiums required to maintain such insurance in effect until such time as the requirement for such insurance terminates in accordance with Borrower's and Lender's written agreement or applicable law. Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, at the Note rate, shall become additional indebtedness of Borrower secured by this Mortgage. Unless Borrower and Lender agree to other terms of payment, such amounts shall be payable upon notice from Lender to Borrower requesting payment thereof. Nothing contained in this paragraph 7 shall require Lender to incur any expense or take any action hereunder. 8. Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's interest in the Property. 9. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lender, subject to the terms of any mortgage, deed of trust or other security agreement with a lien which has priority over this Mortgage. 10. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Mortgage granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner, the liability of the original Borrower and Borrower's successors in interest. Lender shall not be required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Mortgage by reason of any demand made by the original Borrower and Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy. 76(WY) (8912) 01 Page 2 of 4 wi L 8£ A V10EeBed Lo•(zL68) (AM)9L •algtded pue anp auooaq damp sr spuai €Ions utnlaa pun loaiioo 01 1gS11 amp aneg `dlladold ag1jo luaumopungt ao pang LT 14deiReied iapun uopnaalaoon of aoud `!lugs aamoaaog 3e143 papinold `dlladoid a€il 3o spuai 0143 aapua7 03 SuSlssn dgaiag 10mo11og `Japunaaaq d3unOas lguoilippt sd •uolssassod ul aapua7 :Janlaaag JO ;uaw;uloddy :swam jo )uawuSlssd •61 •pa.un000 pug uoptiaTaoot ou 33 se 1Oa ;3a pue aoioj Tin; ul uieucaa !Tugs Agaaaq paanoas suouegligo ail pun a uglaoyii s 133 'J MOJ1og dq alno pue luawded lions uodn •paaredunun anupuoo !Tugs °Wallow sup dq paanoas sums am ded o3 uoiw iTgo s,aamoa1og pure duadoad alp u3 Isa1a1u! s,lapua7 `33e831oTA! sup 3o ua!I am leg! alnss13 0l giinbai dlgtuoseal d11w lapua7 se uop0n gons sa)lel lamoalog (p) pug :saa3 ,sdauaone algguoseal `o3 paliwll lou lnq `$u3Pnpu€ 'pang LT gdeJgeied ui pap3nold sg saipauzaa s,lapua7 3u101o.ua ui pue `aS11SlaoTAT sup ui pauieluoo aamoaaog jo sivawaaJSr pug s1uguanoo am 51130a0Jua ui Japua7'q pallnou! sasuadxa aTgguosuaa !!e sAud aamoaaog (o) :aMlaoTAT sup ui pauieluoo lamo°uog jo sluawaaJSR ao sluguano0 Jaglo Aug Jo sagogaiq Tie saan0.1amoa.10g (q) :paaln000 uopeaalaooe ou pug a1oN ag3 pue a$eS11oyAT sup .€spun anp uag3 ag pTnom motgm scans Hu .iapua-I s,ind aamoiiog (n) :3€ a$E$3uoyAT sup SuioIojua 3uaui pnf n jo Aiwa (3T) Jo 0$E5 1.10141 sig3 ui pauinluoo ales 3o lamod'agl 03 luensand Aizadoid am1jo airs aaojaq Sep qp3 ail (i) 3o .m000 of num am 0l 1ouad amp Atm 3n panuiiuoostp a5g$3aoTAT sup aOaolua of lapua7 dq unSaq duipaaooid dut anti 01 1g53a alp anrq Hells 1amouog `goraiq S,J0MOJ1O1 03 anp affeS3ioy%! sup ,iq paanoas suns am 3o uopelap00r s,aapua7 gu3putlsg1!m10N •a ;g ;sulag o; 3112Ig s,aamoJJOg •81 'ma'am pa13l ;ua £lle2ai suosaad ao uosaad aq; o; 'dui 3i 'ssaaxa am (a) pue '.a2e2lao sig3 dq paanaas scans lie o; (q) :aauapina aim jo s3soa pue saaj ,sdauao ;e alquuoseaa 'o; pa ;Ica!! Sou ;nq 'Sulpnpul 'ales ag3 3o sasuadxa pue s3soa algeuosttaa ile o; (g) :Japan Sulmoiio; ag3 ul paliddt aq Bugs ales am jo spaaaoad aqs ales Aug ;g dpadoad ag; asugaand ,few aaualsap s,aapua7 ao aapuaj •me! aigealidde dq paginsaad aauugw ag3 u! 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Jo aamoaaog wan ;u! aag3an3 ilugs aaT3ou aqj •a3g23aoyt! slg3 Sq paanaas suns am. 3o uol ;gaapaau ul 31nsaa dew aa13ou ag; uI pa jpads amp am aaopaq Jo uo gamic! gons Jana o; aanilu3 3eg3 (b) pug 'pain aq ;gnu gagaaq gaps g3lgm dq 'aamoaaog o; palluw s! aanou ag3 amp aq; tutu,' sdup OT ugq; ssal ;ou 'amp a !gataaq gons Jana o; paalnbaa uogau aq3 (z) :gauaaq aq3 (i) :Suldjpads joaaaq Zi gdtaSeaed ul papinoad su aamoaaog 0; aai3ou an!s iiugs uol ;eaapaae o3 aolad aapua1 'aSIS3aoN sig3 dq patinas suns due anp uagm dud o3 s3utuanoa aq; Sulpnpu! 'a2eS3aoIAJ slg3 uI aamoaaog J0 3uawaaa2u Jo 3uguanoa dug 3o gauaaq s,Jamoaaog uodn 'rang 91 gdtaSuand ul papinoad su 3daaxa •salpauag :uonuaaiaaaV 'LT :smoJTo3 sr aaaSe pue lutuan00 1ag11n31apua7 pug aamoaaog 'SINVNIAOD 1Al2IO3INfl aamonog uo puewap ao aopou a01lan3 lnoglim aSeS3aow sup dq panTuuad sa €patuaa Aug 03Ionu3 dew aapua7 `poTiad sup jo uopgandxa ag3 03 aouud stuns asagl ded of sjre3 aamoaaog 3I •aSeSllow sup dq paanoas suns Ile dud lsnw aamoaaog goigm uigIim pout ao palanllap s! aopou ag3 amp ail wo13 sdeP OE Imp ssai you jo pouuad 13 apinoad iings aoi3ou aq j •uoilnaapooe jo aoUou aamoaaog 0/0 Hugs lapua7 uoppdo sup sasiaaaxa aapua7 3I •aSRSlloini sup jo alep alp jo se lim imam dq paiTqu old s3 amino 33 aapua7 dq pastOaaxa aq Iou 1T13ms uopdo sup `JanamoH °aSRSlaoyll sup dq paanoas scans !!r 3o TIM ui 3uawdrd alripawwi aainbai `uopdo s13 Je `dnm a0pua7 `3uasuoo ua3piam aoud s,aapua7 1notpim (uosaad minim r Sou s3 aamoaaog pue paalajsURal so plos Si aamoaaog 113 Isamu! leioi ;auaq g ;i ao) paaaa ;suui ao plos si 11 ui 1sa1a1ul du13 so d1a0d0ld amp 30 lied dug so It 3I •aamoaaog ul ;swa ;ui itp13110g m .10 dpadoad am JO aajsutJJ '9I �il1adold ag1 of apiu s3uawanoadwi gpim uoiloauuo0 ul sao €Alas ao sJrualetu 'Jour! diddns oqm sai3ard lsu1ege aneq Amu aamoaaog gotmm sasuajap so sunup `suj u Aug jo luawuSisse ue `aapua-I o3 alquidaoor uLo3 t ui `lapua7 03 1antjap pur alnoaxa o3 aamoaaog alinbaa dew `uopdo 5,aapua7 313 `aapua7 •lapua7 tpTm 0311n saalua aamoaaog goigm 3uawaa1Sr um! aag3o ao `1nida1 `3uawanoldtu! `uoue1gigrgaa awoq Aug lapun suopRSilgo s,lamo.uog 3 !!e Timm !lugs aamoaaog •3uawaaaSy uuo7 uo13t ;glgmua?I 'Si °3oalaq uo€1ep10oaa nip 10 uopnoaxa 3o aup a143 le aS13S31oyAT sup jo pue aioN ag1 jo ddo0 pauuojuoo t pagsuuun3 aq Hulls aamoaaog •ddop s,aamoaaog •bi •waaaq paliu€! 10 MEI alg11oildde dq paugigoad Sou lualxa amp 01 stuns Tie ammo"! „saa3 ,sdau1o3113„ pue „sasuadxa„ „'slso0„ `utala14 pasn sd •alg111anas aq 01 paIRIOap 0111 010N am pue a2e21aoyAi sup 3o suoisinoad amp pua sup 01 put `1103SIAOid Suil0i13uoo alp lnoglim 1oa33a uan35 aq 11130 43311m 010N 014110 02R31aoyAT Slip JO SUOIStnoad nip loa ;fin you JTems loll ;uoo lions `mei a3ge0tldde gum s103T3u00 aIoN 0141 so a515llow sup 3o asnRIO 10 uo1sTnoad Aug 313 3uana amt ui •aSr 110j,S sup op mej lelapa3 jo AniTgr01ldde ag3 nu3T 1ou Hugs aoualuas SuioSaao3 aqj •palrool sT dlladoad alp goigm u€ uotlOips!anf ag3 3o smel aq1 aq bugs a2eS31oyAT stmt 01 algROi3dde sme1 le0ol pue awls au •d3A1geaanas :mug SuluaanoO '£I •utaaam paieuSisap 10uurtu ail uu uaniS uagm lapua7 op uan€$ uaag anr14 01 pump aq 3411145 aS1SlaoTAT sump in 103 papinoad aoi1ou dud °uialam papinold Sr 10m0110H 01 0o310u dq aleuSlsap Amu lapua7 se ssaappe aamlo lions 03 ao uialam pawls ssalppe s,lapua7 03 new pa33T1ao dq uan4S aq Hulls lapua7 01 aoi1ou du11 (q) pun 'tu0104 papinold sr lapua7 01 aoi1ou dq a311ugisap Amu 1amo11og sr ssaappg 1a1410 tons 1g 10 SSalppd dl1adold am13e 10M0110g 01 passaappr piety pa1jpiao dq aoi3ou gons Suiliew dq 10 11 Suuanilap dq uan€S aq !Tugs a21S110yST stmt u€ 103 paptnold aamoaaog 01 0031011 dim (n) `aaUUrtu Japan 111 uan15 aq 03 muI ajgroi3dde lapin paunbaa 0031011 du13103 Wang •03!30N 'ZI •d11ado1d am u€ 350103u! 5,10M011034 113p1 01 se a$e5310JA sig3 2uTiippow 10 10M011O34 111141 2uis11aial pnogp3m put 3uasuoo s,aamoaaog 111131 lnogpm aloN alp ao aS1S1JOyi 5i1.13 JO stu101 amt 03 p11Sa1 g33m suoprpowwo00g 1ag10 Are 0331111 10 `l1agao3 `dpppotu 'puma 01 aa1S11 d11W 1apunala4 aamoaaog aag30 dug pun 1ap11a7 Imp 5001 11 (o) pug '01131O3 AT sup lapin ao a1ON amp uo awl! 1Tleuoslad Sou sl (q) `a2e21J01AI sup jo suual 0113 lapin 1apua7 01 dlaadold 0143 113 3sa1a3u3 5,lamolaog 11341 danuoO pue 3111312 `a5e5poW 01 13uo aS1Spaoy%T sup 5uiu2Ts -o0 Si (11) `aIoN amt mom lou saop lnq `a51231oTAT slurp su53s -o0 ogm 1OMOa10g dud •3n10A0S put pilot aq 331145 10M0110g JO s3uatuaa1$e pun sluruano0 Hy °3oaaag 91 mdn1S131nd 3o suo1sTnoId am3 01 loafgnS `aamollog pug aap11a7 3o saTsse put saossao0ns an330adsaa ag3 `03 a1nu3 TINS aapunalaq s112l1 am pug `puiq Hugs pauTeluo0 wa1a4 s3u01.110012t pug s11111uano0 aqi, •sJausls -oO :d;Iliqun pianos pug 3ulop :punog suSlssv pug sJOSSa00ns vv 1 b Upon acceleration under paragraph 17 hereof or abandonment of the Property, and at any time prior to the expiration of any period of redemption following judicial sale, Lender, in person, by agent or by judicially appointed receiver, shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. All rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Mortgage. Lender and the receiver shall be liable to account only for those rents actually received. 20. Release. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. 21. Waiver of Homestead. Borrower hereby waives all right of homestead exemption in the Property. Borrower and Lender request the holder of any mortgage, deed of trust or other encumbrance with a lien which has priority over this Mortgage to give Notice to Lender, at Lender's address set forth on page one of this Mortgage, of any default under the superior encumbrance and of any sale or other foreclosure action. IN WITNESS WHEREOF, Borrower has executed this Mortgage. STATE OF WYOMING, The foregoing instrument was acknowledged before me this 1 8th day of July, 2000 by JAMES A POLLARD and Darlene M. Pollard My Commission Expires: March 25 2 0 0 2 WANDA N. NEWMAN NOTARY PUBLIC -76(WY) (8912).02 COUNTY OF STATE OF LINCOLN P a j WYOMING My Commission Expires 3- 2 -02 REQUEST FOR NOTICE OF DEFAULT AND FORECLOSURE UNDER SUPERIOR MORTGAGES OR DEEDS OF TRUST ES A POLLARD Borrower (Seal) l ENE M POLL�RD Borrower (Seal) Borrower (Seal) Borrower Lincoln County ss: 1:1 Notary Public ce.146iix (Sign Original Only) [Space Below This Line Reserved For Lender and Recorder] Page 4 of 4 Form 3851