The URL can be used to link to this page

Home My WebLink About867414k. 1RELEAse Mort gage K L..',.-If NORTUAtfl 0 WHEN RECORDED MAIL TO: COUNTRYWIDE HOME LOANS, INC. MSN SV -79 DOCUMENT CONTROL DEPT. P.O. BOX 10266 VAN NUYS, CALIFORNIA 91410 -0266 LOAN 5350636 ESCROW/CLOSING#: FA 7042 M BOOK 449 PR PAGE 7 8 3 3674114 SPACE ABOVE FOR RECORDERS USE PARCEL ID It: 12371828307033.00 Prepared by: J. MIYAMOTO MORTGAGE (Line of Credit) THIS MORTGAGE, dated August 3 2000, is between GENE A BAUER, AND MARGUERITE G BAUER, HUSBAND AND WIFE residing at 447 MEADOW DRIVE, ALPINE, WY 83128 the person or persons signing as "Mortgagor(s)" below and hereinafter referred to as "we" or "us" and COUNTRYWIDE HOME LOANS, INC. with an address at 4500 PARK GRANADA, CALABASAS, CA 91302 -1613 and hereinafter referred to as "you" or the "Mortgagee." Irlfi r RECEIVED 00 ;.1 KEM ERER, V,'YOMitJG MORTGAGED PREMISES: In consideration of the loan hereinafter described, we hereby mortgage, grant and convey to you the premises located at: 447 MEADOW DRIVE Street ALPINE LINCOLN WY 83128- (the "Premises"). Municipality County State ZIP and further described as: LOT 57 FOR THREE RIVERS MEADOWS ESTATES SUBDIVISION "B LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT THEREOF. The Premises includes all buildings and other improvements now or in the future on the Premises and all rights and interests which derive from our ownership, use or possession of the Premises and all appurtenances thereto. LOAN: The Mortgage will secure your loan in the principal amount of 18,244.00 advanced and readvanced from time to time to GENE A BAUER MARGUERITE G BAUER or so much thereof as may be the Borrower(s) under the Home Equity Credit Line Agreement and Disclosure Statement (the "Note dated 08/03/2000 plus interest and costs, late charges and all other charges related to the loan, all of which sums are repayable according to the Note. This Mortgage will also secure the performance of all of the promises and agreements made by us and each Borrower and Co- Signer in the Note, all of our promises and agreements in this Mortgage, any extensions, renewals, amendments, supplements and other modifications of the Note, and, any amounts advanced by you under the terms of the section of this Mortgage entitled "Our Authority To You." Loans under the Note may be made, repaid and remade from time to time in accordance with the terms of the Note and subject to the Credit Limit set forth in the Note. OWNERSHIP: We are the sole owner(s) of the Premises. We have the legal right to mortgage the Premises to you. BORROWER'S IMPORTANT OBLIGATIONS: HELOC WY Mortgage 2C8201WY (08/99) Page 1 of 3 Initfais and L :elell!ul E {o Z eBed (66/80) AMZ0Z9OZ e6e811oW AM 0013H ales all wog a/tram' nod dauow ay13I sun lapin pun a10N ag1 uo amo am IntM 33o And or xaplo ur `noel Aq papinold sn `uondo inod In `ainsoparo3 moipnf Aq to alas pun luawasnianpe dq pros aq o1 sasrwald aq1 Io3 °Su11.U1 dew noA min swam sell •aSnSuoyil sup uodn asoloaro3 dew nod'sm000 afoN aq jo •d•ZI gde1Sgmmd ui paquosap uonipuoo xo ivana Aug 3i `noel algeoildde Aq palrnbal 3r pouad amo pug aonou a3ugnpu due or foafgns pun `Mei alquogdde dq paurgigold aq dew se ldaoxg ;L'II1ydau •sasrwald alp ur s112U rood Sursol lnoyljm aSgSuors stgi pun a10N 0141 .spun pal112ggo Auadold to uosiad due zoom/ 10 ppg A11111 noA •sasnuald all to sn Surstalal inoq m no Aq pau2rsse xo pampoSau aq dew aEt2uorN stgi pun aroN 0 14E :SLHJI2I 30 SSO"I ON 'mg arquuoseai dug le sasiward am ioadsui of nod itwlad IIIM aM :NOI.L »gdSNI (D •luasuoo =um loud mod inogliM sasrwald 0141 isurmSR wrgp 10 uarl 10110 Aug rrwlad .Jo Ind ur 10 alogm ui `sasrwald all ur warm! lno jo asodsrp asrmiaglo 10 02112110w 3o drgsiaumo iajsue.A 'Has fou Ilan am :S3SI AialId dO 3'ivs •uonoalold p 1110WU0lrnua to AiOJgs `grjma1 01 almlal legs pa1110o10x11 sasiwa1d all alagm uonoipsunf ag1jo war pug vim imam Su11OW „Men Ieluawuonnug„ `gdg1Sgred srgf ui pasn sy •slgualew anrioeoipeu pun `apdgapleuuo3 to solsagse Sururgfuoo sp ual11w 'maws amnion `saprorgxaq pug sapronsad 0rxol `sronpold wnalollad orxol 10 ajggwurni3 x01440 `auasolall `aurlos112 :saounisgns 2urmollo3 am pug MW Igluawuonnug Aq saougisgns snop1mznq 10 orxol s11 pougap saoumisgns asogi are „saou11MSgnS snopl11zeH„ `gdm1S11111d sign ur pasn sd •sasrwald 014130 aou11ualurew or pun sasn 111nuaprsal lewlou or almudolddg aq of pazIUSoow AIIelauaS am min saoumisgnS snoplez11H jo sannu11nb imam jo sasrwald alp uo a2e1ois .10 `asn `aouasald am or Aiddg fou hugs saouaIuas oMf Suipaoa.rd au, Mon Igivawuolrnug Aug 3o uon11lorn ❑r Si 111141 sasrwald 0141 5urioa3je Surg1Au11 `op or asp auoAum mom sou `op loU hugs am •sastwald 0141 ur to 110 s0ou11isgnS snopl11z1H Aug jo °sealax 10 `0211101S `p sodsrp `asn `aouasald all lruuad JO asn110 fou llggs am :saDN ISgnS SnOQ2IVZVH (1) •a8BSuoyil .rood 0141 xapun pannbax uagm pun se aSnSuoyii loud 0141 1apun suorlpSggo 1110 JO Ile u1o31ad pug And rings aM "noA or aopou gons jo ddoo 11 lan Apdwold a2n2llorAr loud all 30 laplol 0141 wo13 aonou ua11UM Aug jo ldraoal uodn ins pug luasuoo ua11uM .rood inoA inoglrM 021121101A1 loud 0141 Appow JO puaw11 `as11010ur loo Hurls am „a2g211oyil loud„ 0141) 0 0 0 0 0 Z 9 3 lunowe I11ur2uo all ti `aa2E2uow su ON I SNVOI 3WOH 3O IMF IIIN(l0O 01 sn Aq uanrS pug 6661/80/Z1 par1P a2112uow loud g 01 algurpxogns pug loafgns sr a211Suoini sign `paraldwoo am 1d111Sgied sup 3o suoisrnord ag13I 17Tt '9SO :HO`/MIMII 1IORid (S) •saS11SuoyAI loud dug 3o runowe all snld a10N am uo .SurMO lunown 0141 01 paliwil aq dew sasrwald all of sa811ump 10 ssol lanoo 01 w111110 nod rum aou111nsur 1uawaogldal dud •a2u2uorni sup ur sastwold mo uuojlad o1 amp 1110 aino iou rum 3lggaq mo uo sluawd11d inoA •saougnpe irons IIg samoas a2g2uoyAI stg j •010N am ur 11103 10s 01111 1s0l2111r all 111 saougnp11 110118 110 Isamu! sn 021e13 pug nod girM slump-JAB lno 3o Aum A3snms o1 swns due aougnp11 `asoogo nod 3r `Agw no `nod 11!M s1uawaa1S11 10410 1no 3o Aug uulopad o1 10 nmdal pun uonipuoo pooS ui sasrwald all daa1l or Alessaoau moo all 10 Sax111 `saa3 Suili3 And of 10 `100330 Liu aouelnsur ur111ur11w 01 sasiwold 1110 101101 Ol rm am `ajdurexa 103 `jr •a1oN 041 ur quo las alga 150101ur 0141 111 180101u! 021g4o Ilan noA lourm uo `aIoN all uo Surmo sums all or aormApe noA slunoun all ppg Ilan 110A •sasuadxa pug sisoo Irons And pun suorlg2ggo 1110 uuo31ad 'asool0 noA 3r `Amu noA `a2115uorN sun lapun suongSilgo 1110 ulojlad o1 I1 am Jr :fOA 01. A.LRIOH.Lnd IMO 0) •sasrwald 0141 ur lsaialUr Alunoas pug uarl lnoA jo uonoapad ag1 anunuo0 pun 1oa31ad o1 Al11ssa3au sr anarlaq noA lanaln1M Surop ui `asuadxa mo 111 `pug sfuawnoop 2'uili3 pug 2uru8is ur noA gfIM urof rum am LSg2Id A,LRIfDIS (a) •021121101il loud Aug jo swim all 01 foafgns `noA 01 prgd aq Items lor4M jo 11 `uon11uwapuo0 3o nail ur aormAanuoo 103 10 `3001041 Lied 10 `sasrwald 0141 JO 2uple1 1011010 uorlguwapuo0 Aug glum uonoauuoo ur `renuanbasuoo 10 romp `sa2ewgp 1o3 wisp s0 p11M11 Aue jo spaaoold agl noA of u2rsse aM :NOLLVNIAIEGNOD (P) •a10N all uo Surmo lunow11 all aonpa1 0110 SOS1W01 0141 ngdal or 104110 Aauow 011 asn of asoog0 01 112r1 all ang1 rum noA `wimp 11 JO 1uauged aniaoa1 noA 3I •sasrwald all of a211w11p 10 SSOI JO liana 0141 ur spaaooxd aouminsur jo luawked all 1o31apmo 1011010 13m1p 'rap AIM 01 auleu 1110 u2rs osl11 Amu noA •os op or asnja1 10 Iig3 am Jr 3t11gaq 1110 u0 SSOI 30 3oold 11 ati3 A11w noA •10.1118U1 011 4UrM ssol jo 3oomd 11 ati3 pun SunuM ui nod A3nou Ajal11rpawwr IIrM am `sasrwald aril of a211wmp to ssol jo ivana 0141 uI "noA o1 aougmsur jo aouaprna 101410 10 SO111010100 `saroilod 0141 JamIIOP hugs am `manta' uodn •110s11al Arm 1o3 `a2nlanoo u1 uorlOnpal 10 uon11jlaougo Aug jo 000011 =mum loud sAup 011 u11g1 ssal iou uanrS aq noA 1u11 aprnold oslm isnw saroilod 001mmsur 04j 'op am alojaq `a211Suow sire lapin Isamu! lnoA 30 lualxa am of `swrmp aouminsur Ile uo fuawAgd 0nia001 rum noA 11111 os „aaA11d -ssol„ pug „aa211Suow„ se noA aui u isnw saioilod au{ •aouminsur all 30 3oold 101440 10 saioilod 0141 lsanbal inod uodn noA or Janipp Ilan am •A31oads noA 11141 spouad amp 0141 pun sumo= all roar 111 103 aq isnw sar0rlod ag 1, •Imno1ddm alg11uosea1 lnod of ioafgns si aorogo 1110 lnq `Aundwoo aorminsur 011 aso0go Amu aM •A3ioads Amu noA splezeg 10110 Aug pug pooT3 'gig Aq ssO4 isun?211 sawn Itg 111 palnsur sasrwald 0141 uo (s)Surplinq all daall tt4M am :RDNd2I1SNI •sruawnoop 1u0nrrisuo0 pun luawdolanap iron pauumld 10 wnruuwopuoo all 3o suon11ln2al pure sM11I -Aq all `ruawdojanap ruin pauu11jd 10 wmuuwopuo0 0414 2urulan0S 10 Surlealo 51u11uanOO 10 uop111mpap all lapun suon1Srjgo mo 3o rue uuoJlad hugs am luawdoranap loon pauueld 11 10 wnrwwopuoo 11 Lit rum 11 uo sr a2112110JA sup Jr •AII112aur sasuwald 0141 asn fou rum am •luasuoo rood 2u0_102 isn3 rnogl4M sasrwald ay1 uo (s)Suiplinq ag1 jo Aug umop mar iou rum am •sligdal p uuou lo3 ldaoxa (s)SuiPiinq aq1 Liu sa2u qo lofiw aalgw fou Ilan am •uonipuoo pool Liu sasrwaxd all uo (s)SuiPtinq 0141 umiui11w rum. am :HDNVN mvinu (q) •isanbal uodn luawA11d jo 3oomd g1IM noA aprnold Ilan am •sa2 mqo pun saxi i asagl And am asn110aq aloN all lapin 1104 0141 '111013 uononpap 0)411W 10 `110 pp= Aum wr1110 fou Ilan am •anp awooaq Aa11 uagM sasrwald all or Sunulai guar lamas pug sa211110 IaluM `sfuawssassu 'soxmf ainisa Iga1 11g Aud IBM OM :SgXiii 9£905£5 NVO1 LOAN 5350636 is not enough to pay off what we owe you, we will still owe you the difference which you may seek to collect from us in accordance with applicable law. In addition, you may, in accordance with applicable law, (i) enter on and take possession of the Premises; (ii) collect the rental payments, including over -due rental payments, directly from tenants after simply notifying them first class mail to make rental payments to you; (iii) manage the Premises; and (iv) sign, cancel and change leases. We agree that the interest rate set forth in the Note will continue before and after a default, entry of a judgment and foreclosure. In addition, you shall be entitled to collect all reasonable fees and costs actually incurred by you in proceeding to foreclosure, including, but not limited to, reasonable attorneys fees and costs of documentary evidence, abstracts and title reports. ASSIGNMENT OF RENTS; APPOINTMENT OF RECEIVER: As additional security, we assign to you the rents of the Premises. You or a receiver appointed by the courts shall be entitled to enter upon, take possession of and manage the Premises and collect the rents of the Premises including those past due after simply notifying them by first class mail to make rental payments to you. WAIVERS: To the extent permitted by applicable law, we waive and release any error or defects in proceedings to enforce this Mortgage and hereby waive the benefit of any present or future laws providing for stay of execution, extension of time, exemption from attachment, levy and sale and homestead exemption. BINDING EFFECT: Each of us shall be fully responsible for all of the promises and agreements in this Mortgage. Until the Note has been paid in full and your obligation to make further advances under the Note has been terminated, the provisions of this Mortgage will be binding on us, our legal representatives, our heirs and all future owners of the Premises. This Mortgage is for your benefit and for the benefit of anyone to whom you may assign it. Upon payment in full of all amounts owing to you under the Note and this Mortgage, and provided any obligation to make further advances under the Note has terminated, this Mortgage and your rights in the Premises shall end. NOTICE: Except for any notice required under applicable law to be given in another manner, (a) any notice to us provided for in this Mortgage shall be given by delivering it or by mailing such notice by regular first class mail addressed to us at the last address appearing in your records or at such other address as we may designate by notice to you as provided herein, and (b) any notice to you shall be given by certified mail, return receipt requested, to your address at COUNTRYWIDE HOME LOANS, INC. 4500 PARK GRANADA, CALABASAS, CA 91302 -1613 or to such other address as you may designate by notice to us. Any notice provided for in this Mortgage shall be deemed to have been given to us or you when given in the manner designated herein. RELEASE: Upon payment of all sums secured by this Mortgage and provided your obligation to make further advances under the Note has terminated, you shall discharge this Mortgage without charge to us, except that we shall pay any fees for recording of a satisfaction of this Mortgage. GENERAL: You can waive or delay enforcing any of your rights under this Mortgage without losing them. Any waiver by you of any provisions of this Mortgage will not be a waiver of that or any other provision on any other occasion. THIS MORTGAGE has been signed by each of us under seal on the date first above written. WITNESS: KIMBERLY VILLARREAL NOTARY PUBUC County of State of Teton INYominfl My Commission Expires 614-2004 STATE OF WYOMING, The foregoing instrum by lute My Commission Expires: HELOC WY Mortgage 2C6203WY (08/99) Ub 41,° Mortgagor: GENE A BAUER M gagor: ARGUERITE G BAUER (SEAL) Mortgagor: (SEAL) Mortgagor: County ss: ent was acknowledged before me this 3 9rffi �uQ t l tr/1 C 6 di- (person acknowledging) Notary Publ Page 3 of 3 d 785 64, ,?DOv (date) (SEAL) (SEAL)