HomeMy WebLinkAbout865955'01.1U AM `NO. AV '3f1N3AV 0131N Se UMOUM AIUOWWO3 sl ssaappe s11 Jo ApJadoad Ieab ail
03HOV1LV 33S
„ApadoJd lead„ an) 6ulwoAM 40 81819 'A1uno3 N103N11 Ul
pOWe3OI 'SAW :1W JeHW!S pue IewJey;oe6 'se6 'po 'sleieu!w lie uolleHw!I ;noylim Buipnpu! 'ApadoJd lee) ay; o; Bums) swami pus 'seHleAoj 'slt6!J Ja44o
IIe pus 4s ;1461, UOi;e61JJ! JO (1opp L IIM sour u! )10o1s 6uipniou!) s ;yBp pip pus sesJnooJe4em 's4461J J949M 'J9 ;em He '.seoueuepndde pue 'AEA ;o s ;y6p
'sluewesse He 1sempq; pus s;uewenoidw! 's6uipHnq pexH;e Jo paloate A1luenbesgns Jo 6u! ;s!xe He 41!m Jayle6o; 'ApadoJd IeeJ pequosep 6u!molio; 8144
o; pue u! ;seJe4ul pus 'en 'WS!) s,Jo;ueJo ;o He mime, 04 sbanuoo pue so6a6liow JoluoiO 'uoge'episuoo monism Jod "3OV01E1O1N d0 1NVUO
'(„Japual„ se Molaq o1 paJJala l) OL LE8 AM `UOUV '0Z91. X08 Od laaalS uol6ulyseM b l£ 81 ssaappe
asoyM `HONVUB NO1dV 1S3M NNVB 1VNOI LVN 1SEIld pus „JolueJO„ se mom o; paueleJ) EOOb8 in
'AMA NY3I1:131NV 'ISV3 00b H11ION 1.68 sl ssaappe swum `1.661. `E 111:1dV 0311/0 1Sf1d1 A11WVd Xf13NAlOW
3H1 `1.661. `E IIJdy palep luewaaJ61/ }snag e to suolslnoad an Japun ism. A11WVd Xf13NAlOW 3H1 40 lleyaq
uo salmi se }nq AIleuosJed mu
A1N0 3Sn S.d3auO3 4J U01 SI 3NIl SIHI 3A08V 33VdS
ou ueeq s8y amyl 'ApadoJd 94; 40 d!ysJaumo S,JO;uEJO ;o potted 044 6uuna (E) :49q; Jepuel o; s;ueJJSm pue s4ueseJdeJ Jo ;ulJo •solsegs9 pug
400J0144 uo!;08J4 Aue Jo s4onpoJd -Aq wne!oi ;ed pue wnela ;ed 'uol;ellw!I 4noy;!M 'epnlou! osie Heys „eou84sgns snopJezey„ pue „a4s8M snopJezey„
swJ94 eta •6u!o6eJo; 914; 40 Aue o; ;uensJnd pe;dope suopBIn5eJ Jo 'selni 'smel IeJeped Jo e4O ;s e!geoIdde Jey ;o Jo "bes ;e ';069 uolpoas
'O'S'fl Z4 '1o`d AJ9AO08 4 pue u0! ;BNesuO3 9OJnos% ay; bas 4 'mg; uO11 '0'S'n 64 10y uo! ;eIJOdsugJI slepa ;0W snopJezeH 0 141'( „VI.JVS..)
6617 '1 'qnd '9861 4 loV uo! ;ezuoy;nged pus s;uewpuewy punpednS 0 141 '(,s1/- Oa3Os,) 'bas ;e '1096 u01;oeS 'o•S•n ZV 'pepuewe
SE '0881 40 10V A ;!llgeil pus 'uo!;esuedwoo 'esuodsalj Ig ;uewuoJIAU9 enisuegeidwoo ey; u! 4po; ;es 50 s6u!ueew ewes 944 0A04 Hays 'e6e6poW
9414; u! pesn se „'eseeioJ peue ;eeJU4„ pus esealeJ„ Issodsip„ „'eoue ;sgns snopJezey„ „'8;sem snopJezey„ sWJa; eta •saauelsgns snopJezOH
•enien s4! e,uoseJd 04 AJ0SS000U
eousue ;uiew pug '94uewa0gideJ 'medal He wmmped Aildwoid pue uoiHpuoo elge ;ueuel u! ApedoJd 941 u!e;u!sw Heys Jo4u9JO •uIeluIeW 01 A1na
•ApadoJd 044 WOJ; S ;u81
ay; palm pus ApadoJd 944 eBeusw pug a ;eiedo pue 40 !0J4uoo pue uoissessod u! u!ewei Amu JowulJ0 '11n14ep u! !Hurl "eon pue uoissessod
:suo!s!noid Bu!molio;
944 Aq p8UJano6 eq Heys ApadoJd et ;o asn pue uoissessod s,JO4usJ0 40144 SaaJOB JotutJ
•e6e6poW siy; Japun suolle6Hgo S,Jo ;ueJO ;o He wmmped AI ;O!J ;s Heys pue'enp ewooaq AN; se
eBe6poW s!44 Aq p0JnOes slunowe Ile JapUO1 0; Aed 148145 Jo4uOJ0 '06864JOW sly; u! pap!noJd esimJay ;o Se ;de3x3 '33NVWUOdH3d aNV IN3WAVd
:S1Nd31 ONIMO110d 3H1 NO a31d333V UNV N3AID SI 301/01 10W SIH. 'S1N3Wn30a a31V13d 3H1 aNV 301/011:10W
SIHI H 0Nn HOINV419 d0 SNOIIV0I180 1IV AO 33NVWNOdH3d (Z) aNV SS3Na3183aN1 3141 d0 1N31A1AVd (1) 3Hfl3 S 01 N3AIO
SI `Ald3dOHd 1VNOS1d3d aNV S1N3U 3H1 NI 1S3U31NI A11Uf133S 3H1 aNV S1N3U d0 1N3WNOISSV 3H1 ONI0f113NI '3OV011:10W SIHI
•Apedad
awl WOJ4 pen!Jep sll;eueq Je440 pus 'swami 'se!;IOAoJ 'senss! 'ewoOU! '9enueneJ 's ;ueJ OJn4n; pug 4UOSeJd He suOaw „s4Uaij„ mom 0141 slued
•sseupa ;gepul 944 y ;!m uo! ;0euuoo u! pe4noexe 'Bu!;s1xe Jeue0Jey Jo -MOU Jeyle
pue s;UawOOJ6e 'sluewnJ;sui Je44o 119 pue 'isnJl 40 speep '50606pow 's ;uew00JBe A ;!,noes 'seiju8JEn6 'slueweeJ6e IOIU0wuOJIAUa 'S;uaweOJBP
ueo! 's ;uaweeJBe pen 's94ou AJoss!woJd ale uo!4e;!w!I ;no44!M apnIou! pug UeOW „s4uewnOoa pa ;ele4d„ spJoM 0141 •s ;uawnooa paleIaa
'uog0e5 „eBe611004 ;o;u9J0„ ay; u! enoge pequosep s;.16!, pue s ;seio ;u! ApadoJd eq; ueaw „ApadoJd Isad„ spJOm 9141 ',Watford Roil
•ApadoJd IeuosJed 944 pus ApadoJd !eau 944 Alem09Il00 sueew „Apedad„ !Nom 941 •ApadoJd
•ApadoJd eU4 40 UoI S0ds!p J8440 Jo ales Aug won; (swn!wejd
40 spun;sJ pue speaoad eOUeJnsu! Ile U01 ;e ;!w!! 1no44!m 6u!pn!ou!) spaeooid He yl!m Jay;a604 pus :ApadoJd Lions 4o Aue 'JO; suol ;n;! ;sgns He pug
'40 s ;uewe0eideJ He '01 suo!;!ppe pus 'sped 'suolssa009 He 44!m J0144960; :ApadoJd 3900 ay; 0; pex!4;8 JO mow J01;eeJay Jo mou pug 'JO4ueJ0 Aq
peumo Je0e8J94 Jo mou ApadoJd IeuosJed 40 sappy Jay ;o pug 'seJn4x!; ';uewd!nbe 140 ueaw ApadoJd IeuosJed„ spJOm 0 41 •A4JadoJd IeuOSJad
'311/4! 1S31:131N1 318VIUVA V SNIVINOO
310N 3H1 :d01NVH0 01 3OIION '91.0Z 'L AeW s! e6e6po01 sly; ;o 049p A;!Jn;ew 041 •lueweeife Jo elm AJossiwojd eq; Jo; suogn ;Hsgns
pus '40 suol;ep!IosuoO ;o s6u1OUOu!;aJ ;o Suo10Oy!pow ;o SuoISU94xa ;o sl8meue, l4e 431m J0144060; Japual of JO;u8JO wan 00.99I.'00
40 lunowe ledlou!Jd leul6uo ayl ul 'OOOZ '4Z I!JdV Pal8p 4uewe9JBe Open Jo elou AJOSSIwOJd 0U4 sueew „eloN„ pJom eta •940N
'swab! pue ApadoJd !mowed 044 04 Bu;e!eJ suo!sinoid 4s0Je;u!
Alunoes pus s;uewu6!sse !!e uogeliw!I ;noy ;!m sepnlou! pug 'Jepuel pue Jo ;uoiO ueem4aq e6e6poW 9114 sueew „e6e6poW„ pJom 941 •olioepOW
'e6e6 ;JoW s!yl Japun
ea6e6pow 044 s! Japual 0U1 •su6!SSe pug SJOSS000nS SI! HONY 9 NOldV ISRM )INV9 1VNOIIVN 1SdId sueew „Japual„ ;Nom 8141 •Japual
•05884J04 511.11111 pep!nad se s4unowe Lions uo 1S8181U1
441M ,0440604 'e6e6 4JoW slwl Japun Jo;uOJO 40 suo!l86!Igo mope o; Jepuel Aq peJJnou! sesuedxe Jo Jo;UOJO ;O suo! ;e6ligo e6Jewos!p 0; Japual
Aq peouenps Jo pepuedxe s ;unow9 Aue pug e4oN 014; Japun oigeAed ;S8Ja ;u! pus Ied!ouud II8 sueew „sseupe4gopui„ !Nom 941 •sseupa4gapuI
ApadoJd !veld 044 uo uoHonJ4Su0o J0440 pue s4ueweOBldeJ 'suo141Ppe 's8H!H0e4 'Apedad Ieely eta uo pexH4e sewoy aglow
'sein4onJ ;s 's6u!pl!nq 'sjuewenoidw! eJn4n; pug 6u!;s!xe 118 u0! ;e;lw!l ;noy ;!m sepnlou! pue sueew „s }uawenOJdwl„ pJom 041 •s4uawanoJdwi
•sseupa ;gepul e41 41!m uogoeuuoo
u! se!ped uo14epoww000e pue `sa!leJns `sJOlueJen6 ay; ;o IIe pue yoee uo! ;94!w!I ;noylim sepnloul pue sueew „JO;ueJ9nO„ pJom eta •JO4u9Jen9
•e6e6 ;JoW 9144 Japun Jo686pow 0U1 s! Jo;u8J0 0 141 '1Sl»l A11Wt/d Xf13■J110W
3H1 se umouDI pus 1661 11idy p9 ;ueweeJBy ;snJl u!e4Je01e41 Japun aalSnJl 'Xn3NA10W 'd NN31J sueew „JO;ueJO„ pJom etas •JO4u9J0
•e6e6poW
Sly4 ;o uo1loas sseupa;gepul Bu1#s!x3 944 u! Moleq pequosep sseupe ;gapui 0144 (maw „sseupa ;gapui 6u! ;s!x3„ spJOm 0141 •ssaupalgapu4 Bu;4s4x3
•eouewy 4o sele4S Own 91/4
40 A9UOw In;mel u1 s;unowe ueaw Heys s ;unow9 Jepop 04 S0000J9 ;0J Hy •ep03 le!DJawwo3 wJO4!url 014; u! sWJO; lions 04 pa ;nq!J; ;e sBulusew 044 envy
Heys eBe6poW sly; u! pau14ep BS! /J84;0 4ou 914,90 •e6e6poW s!44 u! pesn Ue4m sBu!ueew 6u!mollo; 044 eney Heys spJOm Bulmolio; aye 'SNOI1INId30
'swam pus ApadoJd IeuosJed ay; in ;seJelu! A4!Jnoes epo3 le!aewwo0 IUJO;!un a Jepue1 04 s4u8J6 Jo4U8J0 'uo1;!ppe
140,4 SW8b1 pg pus A ;J8doJd 044 10 S80181118 01 pus u! ;90Ja4Ul pus 'ep14 '4464, s,JO4u8J0 40 He Japual 04 suBisse AIues9Jd Jo;UeJO
uI •ApadoJd 044
6 L HOW &le'. x0
or'1WOmC 143N3W143)1
3 N 3p
:6 1.1V 81 RN d 00
1.0 Alt. ffiu I'J 103N1'
`Xf13NA10IN 'd NN319 U99M1aq `0002 `9Z 1I1:idV 0311/0 SI 3DVD11IOW SIHI
9OVOIHOW
..,f,1
��a�:l�`CS`�a't' j`,� t a i ;k�e� 33S
/,4 ,f
Zsva134i 15 °1
SS6S9
8
'J 'A1U3d0dd 3H1 d0 33NVN3INIV1N aNV NOISS3SSOd
mice AM `u044V
OZ91. X08 Od
maim uo4Bul4sVM tit
U8 NOJ4V NNVO 1VNOIIVN 1SUld
:01 S33110N XVl ON3S
O1LE9 AM'u014V
OZ9 L X09 Od
1aailS uo46ul4seM 'LS
HONVU9 NO1 :V 1S3M NNV8 IVNOIIVN 1SHId
:011IVIN 030d0331:1 N3HM
011te AM `uouV
0Z91. X08 Od
parts uo;6ulgs9M tilt
HONYU8 NO.LV 1VNOIIVN 1SUId
:AB O31S3l03d NOI1VGH003s:1
L7 7Eti0E0
04 -25 -2000
Loan No 64002283
use, generation, manufacture, storage, treatment, disposal, release or threatened release of any hazardous waste or substance by any person on,
under, about or from the Property; (b) Grantor has no knowledge of, or reason to believe that there has been, except as previously disclosed to
and acknowledged by Lender in writing, (i) any use, generation, manufacture, storage, treatment, disposal, release, or threatened release of any
hazardous waste or substance on, under, about or from the, Property by any prior owners or occupants of the Property or (ii) any actual or
threatened litigation or claims of any kind by any person relating to such matters; and (c) Except as previously disclosed to and acknowledged by
Lender in writing, (1) neither Grantor nor any tenant, contractor, agent or other authorized user of the Property shall use, generate, manufacture,
store, treat, dispose of, or release any hazardous waste or substance on, under, about or from the Property and (ii) any such activity shall be
conducted in compliance with all applicable federal, state, and local laws, regulations and ordinances, including without limitation those laws,
regulations, and ordinances described above. Grantor authorizes Lender and its agents to enter upon the Property to make such inspections and
tests, at Grantor's expense, as Lender may deem appropriate to determine compliance of the Property with this section of the Mortgage. Any
inspections or tests made by Lender shall be for Lender's purposes only and shall not be construed to create any responsibility or liability on the
part of Lender to Grantor or to any other person. The representations and warranties contained herein are based on Grantor's due diligence in
investigating the Property for hazardous waste and hazardous substances. Grantor hereby (a) releases and waives any future claims against
Lender for indemnity or contribution in the event Grantor becomes liable for cleanup or other costs under any such laws, and (b) agrees to
indemnify and hold harmless Lender against any and all claims, losses, liabilities, damages, penalties, and expenses which Lender may directly or
indirectly sustain or suffer resulting from a breach of this section of the Mortgage or as a consequence of any use, generation, manufacture,
storage, disposal, release or threatened release of a hazardous waste or substance on the properties. The provisions of this section of the
Mortgage, including the obligation to indemnify, shall survive the payment of the Indebtedness and the satisfaction and reconveyance of the lien of
this Mortgage and shall not be affected by Lender's acquisition of any interest in the Property, whether by foreclosure or otherwise.
Nuisance, Waste. Grantor shall not cause, conduct or permit any nuisance nor commit, permit, or suffer any stripping of or waste on or to the
Property or any portion of the Property. Without limiting the generality of the foregoing, Grantor will not remove, or grant to any other party the
right to remove, any timber, minerals (including oil and gas), soil, gravel or rock products without the prior written consent of Lender.
Removal of Improvements. Grantor shall not demolish or remove any Improvements from the Real Property without the prior written consent of
Lender. As a condition to the removal of any Improvements, Lender may require Grantor to make arrangements satisfactory to Lender to replace
such Improvements with Improvements of at least equal value.
Lender's Right to Enter. Lender and its agents and representatives may enter upon the Real Property at all reasonable times to attend to
Lender's interests and to inspect the Property for purposes of Grantor's compliance with the terms and conditions of this Mortgage.
Compliance with Governmental Requirements. Grantor shall promptly comply with all laws, ordinances, and regulations, now or hereafter in
effect, of all governmental authorities applicable to the use or occupancy of the Property, including without limitation, the Americans With
Disabilities Act. Grantor may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding,
including appropriate appeals, so long as Grantor has notified Lender in writing prior to doing so and so long as, In Lender's sole opinion,
Lender's interests in the Property are not jeopardized. Lender may require Grantor to post adequate security or a surety bond, reasonably
satisfactory to Lender, to protect Lender's interest.
Duty to Protect. Grantor agrees neither to abandon nor leave unattended the Property. Grantor shall do all other acts, in addition to those acts
set forth above In this section, which from the character and use of the Property are reasonably necessary to protect and preserve the Property.
DUE ON SALE CONSENT BY LENDER. Lender may, at its option, declare immediately due and payable all sums secured by this Mortgage upon the
sale or transfer, without the Lender's prior written consent, of all or any part of the Real Property, or any interest in the Real Property. A "sale or
transfer" means the conveyance of Real Property or any right, title or interest therein; whether legal, beneficial or equitable; whether voluntary or
Involuntary; whether by outright sale, deed, installment sale contract, land contract, contract for deed, leasehold interest with a term greater than three
(3) years, lease- option contract, or by sale, assignment, or transfer of any beneficial interest in or to any land trust holding title to the Real Property, or
by any other method of conveyance of Real Property interest. If any Grantor is a corporation, partnership or limited liability company, transfer also
includes any change in ownership of more than twenty -five percent (25 of the voting stock, partnership interests or limited liability company interests,
as the case may be, of Grantor. However, this option shall not be exercised by Lender if such exercise is prohibited by federal law or by Wyoming law.
TAXES AND LIENS. The following provisions relating to the taxes and liens on the Property are a part of this Mortgage.
Payment. Grantor shall pay when due (and in all events prior to delinquency) all taxes, payroll taxes, special taxes, assessments, water charges
and sewer service charges levied against or on account of the Property, and shall pay when due all claims for work done on or for services
rendered or material furnished to the Property. Grantor shall maintain the Property free of all liens having priority over or equal to the interest of
Lender under this Mortgage, except for the lien of taxes and assessments not due, except for the Existing Indebtedness referred to below, and
except as otherwise provided in the following paragraph.
Right To Contest. Grantor may withhold payment of any tax, assessment, or claim in connection with a good faith dispute over the obligation to
pay, so long as Lender's interest in the Property is not jeopardized. If a lien arises or is filed as a result of nonpayment, Grantor shall within fifteen
(15) days after the lien arises or, if a lien is filed, within fifteen (15) days after Grantor has notice of the filing, secure the discharge of the lien, or if
requested by Lender, deposit with Lender cash or a sufficient corporate surety bond or other security satisfactory to Lender in an amount sufficient
to discharge the lien plus any costs and reasonable attorneys' fees or other charges that could accrue as a result of a foreclosure or sale under the
lien. In any contest, Grantor shall defend itself and Lender and shall satisfy any adverse judgment before enforcement against the Property.
Grantor shall name Lender as an additional obligee under any surety bond furnished in the contest proceedings.
Evidence of Payment. Grantor shall upon demand furnish to Lender satisfactory evidence of payment of the taxes or assessments and shall
authorize the appropriate governmental official to deliver to Lender at any time a written statement of the taxes and assessments against the
Property.
Notice of Construction. Grantor shall notify Lender at least fifteen (15) days before any work is commenced, any services are furnished, or any
materials are supplied to the Property, if any mechanic's lien, materialmen's lien, or other lien could be asserted on account of the work, services,
or materials. Grantor will upon request of Lender furnish to Lender advance assurances satisfactory to Lender that Grantor can and will pay the
cost of such improvements.
PROPERTY DAMAGE INSURANCE. The following provisions relating to insuring the Property are a part of this Mortgage.
Maintenance of Insurance. Grantor shall procure and maintain policies of fire insurance with standard extended coverage endorsements on a
replacement basis for the full insurable value covering all Improvements on the Real Property in an amount sufficient to avoid application of any
coinsurance clause, and with a standard mortgagee clause in favor of Lender. Grantor shall also procure and maintain comprehensive general
liability insurance in such coverage amounts as Lender may request with Lender being named as additional insureds in such liability insurance
policies. Additionally, Grantor shall maintain such other insurance, including but not limited to hazard, business interruption and boiler insurance
as Lender may require. Policies shall be written by such insurance companies and in such form as may be reasonably acceptable to Lender.
Grantor shall deliver to Lender certificates of coverage from each Insurer containing a stipulation that coverage will not be cancelled or diminished
without a minimum of ten (10) days' prior written notice to Lender and not containing any disclaimer of the insurer's liability for failure to give such
notice. Each insurance policy also shall include an endorsement providing that coverage in favor of Lender will not be impaired in any way by any
act, omission or default of Grantor or any other person. Should the Real Property at any time become located in an area designated by the
Director of the Federal Emergency Management Agency as a special flood hazard area, Grantor agrees to obtain and maintain Federal Flood
Insurance for the full unpaid principal balance of the loan, up to the maximum policy limits set under the National Flood Insurance Program, or as
otherwise required by Lender, and to maintain such insurance for the term of the loan.
Application of Proceeds. Grantor shall promptly notify Lender of any loss or damage to the Property. Lender may make proof of loss if Grantor
fails to do so within fifteen (15) days of the casualty. Whether or not Lender's security is impaired, Lender may, at its election, apply the proceeds
to the reduction of the Indebtedness, payment of any lien affecting the Property, or the restoration and repair of the Property. If Lender elects to
apply the proceeds to restoration and repair, Grantor shall repair or replace the damaged or destroyed Improvements in a manner satisfactory to
Lender. Lender shall, upon satisfactory proof of such expenditure, pay or reimburse Grantor from the proceeds for the reasonable cost of repair
or restoration if Grantor is not in default under this Mortgage. Any proceeds which have not been disbursed within 180 days after their receipt and
which Lender has not committed to the repair or restoration of the Property shall be used first to pay any amount owing to Lender under this
Mortgage, then to pay accrued interest, and the remainder, if any, shall be applied to the principal balance of the Indebtedness. If Lender holds
any proceeds after payment in full of the Indebtedness, such proceeds shall be paid to Grantor.
Unexpired Insurance at Sale. Any unexpired insurance shall inure to the benefit of, and pass to, the purchaser of the Property covered by this
Mortgage at any trustee's sale or other sale held under the provisions of this Mortgage, or at any foreclosure sale of such Property.
Compliance with Existing Indebtedness. During the period in which any Existing Indebtedness described below is in effect, compliance with the
insurance provisions contained in the instrument evidencing such Existing Indebtedness shall constitute compliance with the insurance provisions
under this Mortgage, to the extent compliance with the terms of this Mortgage would constitute a duplication of insurance requirement. If any
proceeds from the insurance become payable on loss, the provisions in this Mortgage for division of proceeds shall apply only to that portion of
the proceeds not payable to the holder of the Existing Indebtedness.
EXPENDITURES BY LENDER. If Grantor fails to comply with any provision of this Mortgage, including any obligation to maintain Existing Indebtedness
MORTGAGE Page 2
(Continued) tl'tii:`.a':!I 750
u0!I Aue ;o e6JSyoslp roe ;e o; JO JO BUM ;uenerd o; AJesseoeu luewAad ;eylo
Aug Jo 'eouernsu! Jo sere; Jo; ;uewAsd Aue wpm o; e6e6pow sly; Aq pe;lnbei mug ma wy ;lm Jo)uwo ;o e wiled •s;uewAed Jay ;O uo llneiea
•sseupa ;gepu) eta uo enp ueym ;uewAed Aue exew o; JOIUBJO ;o a;nl!ed •ssaupa ;gapu) uo mimeo
:a6s6pow sly; Jeppn („line ;ao ;o Iuen3 memo ;o ;uene ue elnlnsuoo 'legs 'aepuel ;o uol)do ayi )v '6u!mo11o; KR Jo yoe3 •1lf1Vd3a
'awl; o; au!; woi; repuel Aq peu!wwelep se aej uogau!wJe; e!gsuoseei
Aue 'me; a!gao!!dde Aq peu!wred 'Aed Him JolusrO •ApedoJd ;mowed ey; pus s;uea ey; u! ;swell); A ;!noes s,Jepuel 6u!ouep!ne ell; UO }uewe ;e;s
Bu!oueu!; Aue ;o uo!;eu!wre; ;o sruawa;e)s wimps pus eOv6pow situ ;o uogoe;s!les elge ;ins s JouusiO o; Jeniep pue einoexe Heys Jepuel 'e6eBpoW
sly; ;spun ;ramp uodn pesodwl suoge6!lgo ey; He stumped eslmJe pue 'enp ueym sseupe)gepui ey; He sued ;owe;
E abed
(panuljuo3)
0 11 '30NVWHOdH3d 11nd
yde;BeJed 6ulpeoerd ey; u! o; pejie ;ei s;e);vw ey; ysgdw000a
o; 'uo!u!do elm s,Japuei u! 'a1geJ!sep Jo A;esseoeu eq Aaw se s6u!y; Jey ;o its Bu!op pue 'Bulp;ooe; 'Bu!1!; 'Bupen!!ep 'Buynoexe 'Buixew ;o
esodind ey; Jo; roe u!— Aewo; ;e s,io ;uei0 se Japue s;u!odde A!geoonean Agway Jo ;uea0 'sesodnd tons Jod •esuedxe s,io ;ueip ;e pus ;o ;uele
eweu ey; u! pus Jo; os op Aew ;epuei 'ydejBsjed Bu!peoeJd ey; u! o; pampa; s6u!y; ey; ;o Aug op o; s!1e; ro;ueJp •;ped— u;— Aawo ;V
yde;Bend
say; u! o; pejja ;ei s;e)lew ey; tram uo!)oeuuoo u! peJnow sasuedxe pue s)soo He JO} Japuei esngw!ei is ro;ugeO 'Bui uM u! Japuel Aq AJBJ)uoo
ay; o; peeibe Jo Me! Aq pe)!q!yord sseiun •Jo ;ueJO Aq pai!nboa Jegearey Jo peumo mou Jay;aym 'Apedo1d ey; uo e6eBpoW say; Aq pa ;eeio
s ;seielul A ;!,noes pue sue!! ey; (q) pue 's;uewn000 paleled ay; pue 'e6e6pow s!4) 'eloN ey; noun Jo)ue;O ;o suoue6!lgo ey; (e) en;eserd
Jo 'enuHUOO ;oeped 'e}e!dwoo 'elenroe ;e or wpm u! e!geJlsep Jo AJesseoeu eq ';apue ;o uo!uldo e!os ey; u! 'Aew sa s }uewnoop Jew)o pus
'se)eog!peo 'eouensse Jeypn; jo s)uewnr)sui 's;uewepels uo!lenu! ;uoo °s;uewe)els Bupueug 's;ueweei6e A ;unoes 'spaep A ;!,noes 'ism; ;o speep
'so8e6pow lions Ha pus Aus 'e;s!JdoJdde weep Aaw Jepuel ss seoeid pus seo!do tons u! pus sewg tons }v 'eq Aew asap ey; se 'pep;ooerei
Jo 'palm 'pepJooeJ 'peig eq o; esneo 'Jepuel Aq pa)senbei ueym pus 'eau6lsep s, ;apuel o; Jo iepuei o; 'paJen!lep Jo pe ;noexe °spew
eq or esneo 1!!m Jo 'Jan!!ap pus a ;noexe 'exgw lllm ;ramp `Jepuel ;o psanbe; uodn 'awn or awn wax pue 'ew11 Aug ;y •seouemssy aayund
•e6e6pow
say; ;o ped a en roe u!— AeuJofa pus seoueJnsse Jeypn} 0; Bune!wl suo!sinoJd Bu!moHo} eyl '.Ovd NI !S30NVHfSSV H3H1H11d
•a6s6pow situ ;0 aged 1sn; ey) uo pavers se en'(epoo leprawwoo wJo }!un ey; Aq paJ!nbai se yore) peule ;go eq Aew e6e6pow sly; Aq peIuew6
;sawa ;u! A ;!,noes ey; Buluweouoo uOHVwJO ;u! 4011M WOJ} '(Aped parnoes) Jepuei pus (Jolgep) ;o)uels ;o sesseippe 6u!1!ew eyl •sesseippy
•Jepual wax puewep ua) ;!Jm ;o;dlape; Jeua situp (g) eery; u!yaim repuel or e14eHene
exew pue repuel pue Jo;ueip o ;ueluanuoo Algeuoseei weld s le pue Jeuuew s u! ApedoJd ieuosJed ay; elgwesse Heys Jo;ueJO ;inerep uodn
•Isa;elu! A)!Jnoes s!yr Bulnu!Uoo Jo Bugoeped u! peJJnou1 sesuedxe He Jo; Jepue esngw!ew, Hays Jo)ue;O •;uewelers Bupueug s se e6e6poW
say; ;o suogonpoidaj Jo se!doo 'spedwe ;unoo pe)noexe ell; 'Jo ;ueio wax uo!rezuoy;ne Jeypn} ;not ;!m pue awn Aue }e 'Aew iepuel 'sp;ooe;
Apedord lee; ey; u! e6e6pow say; Bu1P;ooei or uog!ppe u! •A;JedoJd IeuosJed pue slued eta u! iseJe)ul A ;!,noes s,;epur; enuguoo pue ;oe}Jed
o; Japuei Aq per sanbeJ s! uonos Jaylo Jeneueym ei!gl pue sluewe;e;s Bu!oueuy einoexe Heys ;ramp °moue} Aq rsenbei uodn ;saia;ul Allmon
awn or ewi} woJ} pepuewe se epoo !e!oJewwoo wJO}!un ey; ;spun aped parnoes e jo sly6p ey; ;1:1 11e anat.; Heys Jspuel pue'Apedord
!suos;ed ;eyio Jo sempxg sewn ;suoo ApedoJd eta ;o Aue )ueixe eyl o; ;ueweeiBe A;unOas g ernlnsuoo is ruewnJ;sra sail lueweeiBV Allmon
•e6e6po
say; 10 ;Jed a eJe ;ueweaiBv A;pnoes a se e6e6pow sly} o; Bu! ;gle; suo!s!noid Bulmo!IO; e41 •S1N314131V1S ONIONVN!d !1N3W33 i9V AlIHf133S
Jepual o; AJO ;Oe ;s!;ss Awnoes Jey ;o Jo puoq Aims e;v;od;oo rue!o!uns a Jo yseo Jepuel trim srlsodep pue uo;oes
sued pue sexel ay; u! enoge pep!noJd ss xer ey} suss ;uoo (q) ;o ';uenbugep sewooeq awo;eq xe; ey; sAud (a) wrap Jo ;uei° sseiun moieq
pap!no;d se ;ine ;ea ;o ;uen3 us Jo; sa!pewei e!ge!!ens sr! ;o vs JO Aue es!oiexe Asw Jepuei pue '(moieq peugep se) ;ine }eo ;o luan3 ue se roe }e
ewes e4; envy !!eys ;uene say; 'e6s6 ;Jow s!tl ;o erep eta o; luenbesgns pe ;osue s! sa!Idde uonoes say; yo!ym o; xe; Aug ;i 'saxes ;uanbasgns
•ro ;ueio Aq epew ;swJeuu! pus iedpu!Jd ;o s;uawAed uo Jo sseupa)gapul ay; lo uo!pod Aue Jo He uo xe; og!oods a (p)
pue :e;oN ey; ;o Jep!oy ey; Jo Jepue ey; ;su!eBe e!geeBJeyo e6e6pow jo edA; say; uo xer a (o) :e6s6poW ;o edA; say; Aq pampas sseupe ;gepu}
ey; uo s;uewAed woJ;;onpep o; pannbej Jo pazuoy;ne s! JO ;usJ9 goyim Jo ;ueJO uo xel o! }!pads e (q) :e6s6poW say; Aq panoes sseupe ;gepu) ey;
;o ped Aue Jo He uodn Jo e6e6pow ;o edA) say; uodn re; onpeds e (e) :saHdde uonoas say; ya!ym or sexer e;n)!)suoo Hays Bu!mono; eyl •saxes
•e6e6pow say; Bu!Je;s!BeJ Jo Bu!prooe; Jo; se6Jeyo Jeylo pus'sdwe ;s Arnuewnoop see sex;
He uo!I I!w!I rnoyl!m Bu!pnlou! 'a6s6pow sly) Bu!nu! ;uoo Jo 6ugoeped 'BulprooeJ u! pe;;nou1 sesuedxe Hs gym Jeyle6o; 'mow; peq!;osep se 'sexe;
He Jo; Japuel esngw!ei Heys JoluenO •A ;JadoJd wed ey; uo ueg s,;epuei enuguoo pue peped o; Japua Aq pe ;sanbeJ s! uonoe Je Jeneueym
exg; pue e6s6poW say; o; uo;ippe u! s;uewnoop tons einoexe Heys ;rams 'Jepuai Aq ;sanbeJ uodn •sa6reyo pue seed 'sexes ;u;nn
:e6a6)JOw say; }o pad a ere seamy° pue
SON 'saxe} ie ;uewureno6 0; Buge!er suo!s!noJd Buimolloi eyl 'S3111HOH1nv 1V1N3WNH3AO0 A9 S30HVH3 GNV S33d `S3XV1 d0 NOIlISOdINI
•uo!iedpnped tons ywwed 01 ewy o; awl; wow;;! Aq pelsenbei eq Aew se s ;uewnJlsui yens repue o; peien!!ep eq
of esneo Jo Jen!iep I!m Jo ;ueiO pue 'eoloyo umo s;! ;o }asunoo Aq Bu!peeoo;d et; u! peluasardeJ eq o; pue Bu!peeooid ey; u! ered!onJed o; peHnue
eq is iepue inq 'Bulpeeoo;d yens u! Aped !sulwou eta eq Aew Jo;ueJO 'pigmy ey; u!e ;go pus uogoe ey; pue;ep o; AJesseoeu eq Aew se sdejs
tons exle) Alldwoid Heys Jo;ueiO pue 'Bunum u! ;epue A;!;ou AIdwoid Heys Jo)usio 'pea!; s! uogeuwepuoo u! Bu!peeoowd Aus {1 •sBuipeeowd
•uol)euwepuoo ey) t ;lm uogoeuuoo u! Jepue Aq peJJnou! see; ,sAeuJoue pus
'sesuedxe 's ;soo e!geuossei He jo luewAed ;eye Name ey; ueew Heys prams ey) ;o speeoord ;eu eta •ApedoJd ay; ;O uO;eJO ;seJ JO J!edeJ ey; Jo
sseupelgepul ay; o; pa!!dde eq pwsme ey; ;o speeooid ieu ey; jo uol ;JOd Aue Jo lla ley; ei!nbei uoyome s)! le Aew Jepuel 'uogauwepuoo ;o
eseyornd Jo Bu!peeoord Aue Aq Jo sBu!peeoord u!ewop ;ueu!we Aq peuwepuoo s! A ;JadoJd ey; ;o pad Aue Jo !!e 'spaeocud leN 10 uo11e3!IddV
•e6eBpoW 9 1111 i lied e ere ApedoJd ey; lo uo! ;euwepuoo 0; Bu!us!eJ suols!noJd Bu!mollo; eU1 'NOIIVNW3allo3
•Jepuel;o;uesuoo ue l!Jm loud ey; gloom ;ueweej6g A)!Jnoes yens Aue Japun seouanpe min; Aue ;deoos Jou )sanbeJ Jeypeu Heys JOIUBJ9
repuei ;o ;uesuoo ue);um JOIJd ail ;notiym pemeuej Jo 'pepue;xe 'pepuawe 'peg!pow s! )ueweeJBe ley; goyim Aq ebeBpoW say; JOAO A)uo!Jd set
yo14m lueweeiBe Alunoes Jet)o Jo ;snJ) }o peep 'e6e6pow Aus ;o iep!oy ey; yym )uewea;Be Aug O)ul Jarue IOU Heys JOIUBJO uo!1e3I;Ipoyy oN
ue enp A e ei ewwl swops ;1nviep u! eq Heys e6sbpoW say; pue 'e!geAed
p p p q Heys e6e6pow say; Aq pawnoes sseupelgepu! ey; 'Jepuei ;o uondo ay; ;e 'ueyl 'u!erey; poled eoei6 e!geo!!dde
Aus Buunp peino eq ;ou pue sseupe ;gepu! yens BuiJnoes luawnJ ;9ul ey) noun in000 }pump g pinoys Jo 'sseupe ;gepu! yens Bu!ouep!ne
e;ou ey; Aq peilnbei awn ey; u!yI!m epew ;ou s! sseupe ;gepu! Bugs!x3 ey; uo ;swap; Aue Jo 1ed1ou4 ;0 ;uewpe ;su! Aue ;4::1 )uewAed ey; 11 •;Inures
•sseupe ;gepui yens ro} s;uawnoop *noes Aue Japun )inerep Aug Jo 'ssaupa ;gepu! yens Bu!ouep!ne
sIuewnJ;sw ey) spun }}erep Aus 'sseupe ;gepul tons uo memo Aue ;uene;d o; put; sseupe }gepu} Bugs!x3 ay; ;o )uewAsd ey) o) ees Jo 'Awl
o; seeJ6a pue sIUeuenoo Aisse;dxe;alumms •JO!Ja ;u! pus AJepuooes eq Aew sseupe ;gapu! ey) Bu!Jnoes e6e6pow 9;y ;o ue!! ey1 •uell Bu!;s!x3
•e6e6pow spa jo ped s are „sseupe ;gapu! Bullslx3„ ey sseupelgepul Bunsixe Bulweouoo suolslnord 6ulmo!lo; e41 'SS3Na3193aNI ONIISIX3
•sa!;poy ;ne leluewureno6 ;o suo! ;eIn6eJ puv'seoueu!p;o
'sme! e!geo!Idde Buns!xe He y ;!m sal!dwoo ApedoJd ey) ;o esn s,JOIuEJO pus A ;JadoJd ey) ley) s ;ueJJem JOIUBJO "me, LIIIM aOualldwoO
•uo!;ed!o!ped Lions ilwwed o; awl; 0; ewn wax ;senbei Aew Japuel se s)uawnJ)su! yens Jepue o; 'paienllep eq o) esneo
JO ';aniep !!!m Jo)ueJO pus '83!043 umo s,Japue1 }o !asunoo Aq Bu!peeoo;d ey) u! pe ueseidei eq of pus Bulpeeo0;d ey; u! a ;ed!o!ped 0; pentrue
eq Heys Jepue ;nq '6u!peeoord yens u! Aped !eu!wou ail eq Aew Jo ;u8JO •esuedxe s,JOiueJO ;e uogoe ay; puelep Heys JOIU8JO 'a6s6pow
say; ;spun Jepuel ;o ;sera ;u! ey; ;o elm s,JO ;UBJO suoi;senb ley; peouewwoo s! Bu!peeoord Jo uogoe Aue ;uene ey; u! •suos;ed He ;o sw!elo 1n;mel
ay; ;su!eBe ApedoJd ey) o; ang ey) puelep Jen8J0; 01M pue s ;u8JJam JOIUBJO 'enoge ydeiBeJed ey) u! uogdeoxe ey; o) ;oe[gns 'eau {o esuajaa
•Jepuel o) e6e6pow 9114) Jen!!ep pua a noexe o) AiuoLi)ns pus 'Jemod yy6U
Hn; ey) say JOIUBJO (q) pua 'e6e6pow say) y uoi ;oeuuoo u! Japue 'Aq pe)deooa pus ;o ;one; u1 penssl uo!u!do el;; !au!; Jo 'pods; e; 'A0!iod
eouBJnsul elm Aue u1 Jo moieq uogoes sseupe)gepui But ;s!x3 ey; u! Jo uol ;duosep ApedoJd wed ey) ui ypo; ;es espy; uey1 Jey 10 seOUBJgwnoue
pue suet' Ha ;o Jeep pug eeJ} 'e!dwls ee; u! Apedoid et') o) pJOOeJ ;o ow; a!ga)eiipew pue pooh sploy JOIuaJO (8) :)ay; S UBJJam Jo;ue;o '01111
•86136pow 9(4) ;0 ped a are ApedoJd et' 40 d14sJeumo 0) Bu1;e!e; suo!s!noJd 6u!mollo} 041 '31111 d0 3SN3d30 !AINVHHVM
•pay envy mom es!MJeylo Ivy} Apewei Aue woJ; Jepuel Jeq o) se os ;}erep et') Buuno se pen; ;suoo eq ;ou Heys Japuei Aq uoioe tons Auy
}}erep ey; ;o ;un0ooe uo peggue eq Aew Jepue7 yolym o; selPeweJ Aue w0 s ;y6!J Jey ;o Aug 01 uog!ppe u! eq Heys ydBJBered gay; u1 Jo; pepino ;d 9)y6u
ail •s)unows esay) ;o ;uewAsd einoes p!m os!e eBe6pow s!yl •A ;!Jn)ew s,e1oN et'; is a!gsAed pug enp eq Him yo14m ;uewAed uoo g se payee;;
eq (3) Jo 'e;oN eta ;o wJa) BululeweJ et'; (n) Jo AoHod aOuensul a!geogdde Aus ;0 twat et') ;a1)18 6uunp enp ewoOeq o; s;uawAed ;uawge)sul
Aua y ;!m eigebad eq pus 6uowe peuogJodde eq pus a)oN et') ;o eoue!eq et'; o; peppe eq (q) 'puewep uo eigoAsd eq (8) 1I!m 'uo!ido s,Jepuel
'sesuedxe tons iii •JO)u819 Aq ;uewAodei ;o also eta 0; Jepua1 Aq pied Jo paJJnoul erep et') w0J; eloN ay; u! 10; pep!noJd ale; ay; le lsOJaW! ;sag
II!m Bulop os u! spuedxe Jepuel ley; )unowe Auy •ele!JdoJdda sweep Jepue )e y; uol;os Aue exe; 'o; poi!nber eq ;ou 11eys ;nq 'Aew ;ieyeq s,JOiue ;O uo
Jepual'AIJed0Jd et') u! s)SOJO)u! s,Japuel )pew; A!!e!;elew pinom ;et') peouewwoo s1 Buipeeoojd 10 uoyoa Aug;! 10 'mo!aq pei!nbei se Bu!pua)s pooh u1
C9ZZOOb9 oN ueoi
off-9Z-170
04 -25 -2000
Loan No 64002283
MORTGAGE
(Continued)
752
Page 4
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 Collateralization. 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.
Insolvency. The dissolution or termination of the Trust, 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.
Existing Indebtedness. A default shall occur under any Existing Indebtedness or under any instrument on the Property securing any Existing
Indebtedness, or commencement of any suit or other action to foreclose any existing lien on the Property.
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.
Right to Cure. If such a failure is curable and if Grantor has not been given a notice of a breach of the same provision of this Mortgage within the
preceding twelve (12) months, it may be cured (and no Event of Default will have occurred) if Grantor, after Lender sends written notice
demanding cure of such failure: (a) cures the failure within fifteen (15) days; or (b) if the cure requires more than fifteen (15) days, immediately
initiates steps sufficient to cure the failure and thereafter continues and completes all reasonable and necessary steps sufficient to produce
compliance as soon as reasonably practical.
RIGHTS AND REMEDIES ON DEFAULT. Upon the occurrence of any Event of Default and at any time thereafter but subject to any limitation in the
Note or any limitation in this Mortgage, Lender, at its option, may exercise any one or more of the following rights and remedies, in addition to any other
rights or remedies provided by law:
Accelerate Indebtedness. Lender shall have the right at its option without notice to Grantor to declare the entire Indebtedness immediately due
and payable, including any prepayment penalty which Grantor would be required to pay.
UCC Remedies. With respect to all or any part of the Personal Property, Lender shall have all the rights and remedies of a secured party under
the Uniform Commercial Code.
Collect Rents. Lender shall have the right, without notice to Grantor, to take possession of the Property, including during the pendency of
foreclosure, whether judicial or non judicial, and collect the Rents, including amounts past due and unpaid, and apply the net proceeds, over and
above Lender's costs, against the Indebtedness. In furtherance of this right, Lender may require any tenant or other user of the Property to make
payments of rent or use fees directly to Lender. If the Rents are collected by Lender, then Grantor irrevocably designates Lender as Grantor's
attorney —in —fact to endorse instruments received in payment thereof in the name of Grantor and to negotiate the same and collect the proceeds.
Payments by tenants or other users to Lender in response to Lender's demand shall satisfy the obligations for which the payments are made,
whether or not any proper grounds for the demand existed. Lender may exercise its rights under this subparagraph either in person, by agent, or
through a receiver.
Appoint Receiver. Lender shall have the right to have a receiver appointed to take possession of all or any part of the Property, with the power to
protect and preserve the Property, to operate the Property preceding foreclosure or sale, and to collect the Rents from the Property and apply the
proceeds, over and above the cost of the receivership, against the Indebtedness. The receiver may serve without bond if permitted by law.
Lender's right to the appointment of a receiver shall exist whether or not the apparent value of the Property exceeds the Indebtedness by a
substantial amount. Employment by Lender shall not disqualify a person from serving as a receiver.
Judicial Foreclosure. Lender may obtain a judicial decree foreclosing Grantor's interest in all or any part of the Property.
Nonjudicial Sale. Lender may foreclose Grantor's interest in all or in any part of the Property by nonjudicial sale, and specifically by "power of
sale" or "advertisement and sale" foreclosure as provided by statute.
Deficiency Judgment. If permitted by applicable law, Lender may obtain a judgment for any deficiency remaining in the Indebtedness due to
Lender after application of all amounts received from the exercise of the rights provided in this section.
Tenancy at Sufferance. If Grantor remains in possession of the Property after the Property is sold as provided above or Lender otherwise
becomes entitled to possession of the Property upon default of Grantor, Grantor shall become a tenant at sufferance of Lender or the purchaser of
the Property and shall, at Lender's option, either (a) pay a reasonable rental for the use of the Property, or (b) vacate the Property immediately
upon the demand of Lender.
Other Remedies. Lender shall have all other rights and remedies provided in this Mortgage or the Note or available at law or in equity.
Sale of the Property. To the extent permitted by applicable law, Grantor hereby waives any and all right to have the property marshalled. In
exercising its rights and remedies, Lender shall be free to sell all or any part of the Property together or separately, in one sale or by separate
sales. Lender shall be entitled to bid at any public sale on all or any portion of the Property.
Notice of Sale. Lender shall give Grantor reasonable notice of the time and place of any public sale of the Personal Property or of the time after
which any private sale or other intended disposition of the Personal Property is to be made. Reasonable notice shall mean notice given at least
ten (10) days before the time of the sale or disposition.
Waiver; Election of Remedies. A waiver by any party of a breach of a provision of this Mortgage shall not constitute a waiver of or prejudice the
party's rights otherwise to demand strict compliance with that provision or any other provision. Election by Lender to pursue any remedy shall not
exclude pursuit of any other remedy, and an election to make expenditures or take action to perform an obligation of Grantor under this Mortgage
after failure of Grantor to perform shall not affect Lender's right to declare a default and exercise its remedies under this Mortgage.
Attorneys' Fees; Expenses. If Lender institutes any suit or action to enforce any of the terms of this Mortgage, Lender shall be entitled to recover
such sum as the court may adjudge reasonable as reasonable attorneys' fees at trial and on any appeal. Whether or not any court action is
involved, all reasonable expenses incurred by Lender that in Lender's opinion are necessary at any time for the protection of its interest or the
enforcement of its rights shall become a part of the Indebtedness payable on demand and shall bear interest from the date of expenditure until
repaid at the rate provided for in the Note. Expenses covered by this paragraph include, without limitation, however subject to any limits under
applicable law, Lender's reasonable attorneys' fees and Lender's legal expenses whether or not there is a lawsuit, including reasonable attorneys'
fees after default and referral to an attorney not a salaried employee of Lender, for bankruptcy proceedings (including efforts to modify or vacate
any automatic stay or injunction), appeals and any anticipated post— judgment collection services, the cost of searching records, obtaining title
reports (including foreclosure reports), surveyors' reports, and appraisal fees, and title insurance, to the extent permitted by applicable law.
Grantor also will pay any court costs, in addition to all other sums provided by law.
NOTICES TO GRANTOR AND OTHER PARTIES. Any notice under this Mortgage, including without limitation any notice of default and any notice of
sale to Grantor, shall be in writing, may be sent by telefacsimile (unless otherwise required by law), and shall be effective when actually delivered, or
when deposited with a nationally recognized overnight courier, or, if mailed, shall be deemed effective when deposited in the United States mail first
class, certified or registered mail, postage prepaid, directed to the addresses shown near the beginning of this Mortgage. Any party may change its
address for notices under this Mortgage by giving formal written notice to the other parties, specifying that the purpose of the notice is to change the
party's address. All copies of notices of foreclosure from the holder of any lien which has priority over this Mortgage shall be sent to Lender's address,
as shown near the beginning of this Mortgage. For notice purposes, Grantor agrees to keep Lender informed at all times of Grantor's current address.
MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of this Mortgage:
Amendments. This Mortgage, together with any Related Documents, constitutes the entire understanding and agreement of the parties as to the
7,O
Lg.OPS 1(1 •'ISFit!O
H
Jo; 'peep pus we tie ;union pus eels Jay Jo sty se e6e6poW e41 peuBis ays Jo ey ley) p9Bp
lenptntpu! ey; eq o; umoul ew of `331SfHl 'X113NA1011 'H NN31O peisedd8 AHeuosi
g ailed
n o z
96•Ed 49Z'Ed E0 PenJasel sly81J II rout 'sa0pues Jd Id0 0003 (0) LET Jan N0 'W 19 7ed'S'n 'Bell blld U3SVl
Jldxa uolsslwwoo AN!
a ;u 6ulpls3H
,1.3 ;o An,
1N31A19a31M0NN3V ivnalAlaNI
tr7C
(panut}uo3)
3Jd
ss
10 GPIs 9tl�., p eu!oll'nd ION
8141 Ions Is13 JJ s puay�Ja"� UaAID
•peuot ;uew 181e4; md pusesn ey;
pus 'e6e6poW ey; pa;noexe oym pus u1 pequosep
d AJBIoN peuBlsJapun ey1 'ew e.1oseq Aep sty; u0
y dO AJNf103
y V, f dO 31V1S
33 Sfllil 'Xf13NA10W 'H NN31O
i
I01NVHJ
°3A09V 03aIA0Hd SV 331SfH1 SV 3OV9IH0W SIHJ d0 SNOISIAOHd 3141 AO 11V aV3H DNIAVH S39O31M0NN0V Xf13NAl0W °H NN31O
•JO ;usJen° Aue so A1111geH leuos.1ed ay; eoJOsue o; uot;os Aq JO u1aJa4 pue ejoN ay; u! paranoid Jauuew ey; u! e6e6poW
sty; Aq pe ;eaio uet! ey; so ;uew80J0jUe ey; Aq 'sseupei9apul pue e;oN e41 so 1uewAed ey; Jos ;snit ey; so s ;esse Jey ;o o; pue ApodoJd ey; o; Aletos
fool Heys sseupelgapul Aue so SJelUMO Jo JOUMO eyl pue a;oN ay; so s.1eploy Jo Jepioq Itt6e! ey; 'pewaouoo a.1e AHauos.1ed sJOSSeoons s pus JO ;UBJ9
se Jes os ;ey; pus 'e6e6poW sty; Jepun A ;unoes Jo ;y6ii Aua 6ulwle(o J810e.1e4 JO mou uosied AJane Aq pue Japuel Aq pantsm AisseJdxe Buteq 'Aue
1t 'A }tttgen yons its 'e6e6poW sty; ul peuie ;uoo 'peidwl Jo sseidxe Je41(a ;uaweeJ6e Jo 'Bu1)(Bpepun ;ueuenoo Aue moped 0; Jo 'e6BB;JOW sty; Jepun
ssaupe;gepul Jey ;o Aue Jo 'uoe.181.1; enJOOe ABW ;ey; ;soJa;ul Aug Jo a ;oN ey; Aed o; AHBuosJed Jo ;uaJO so ped ay; uo Amy!! AU8 But ;BeJO 98 pent ;suoo
eq Heys a ;oN ey; ut Jo e6e6poW sty; u! Buiy ;ou pue 'AHBuosJed Jo;u8J9 Bulpulq so not ;ue ;ut ey; 411m Jo esodind ey; Jos Jo 10;uBJ9 Aq s;ueweeJ6s
pue 's5uraepepun 's ;usuenoo 'suolle;uesaJdeJ 'set ;luwepul 'satlueJJBM IeuosJad ss ;ou pepua ;ut pue spew wow; so euo keno pue pee sseleypeneu
am 'JO ;uBJO so s ;u0weei613 pus 's6uPtspepun 's;ueuenoo 'suol ;e;uese.1dei 'segtuweput 'se( ;u8JJBM ay) eq o; 6uiiodmd w .1os ut eHym 'JO ;uBJO
so ;Jed ey) uo e6e6poW sty; ui spew s ;ueweeJBe pue 's6upjBpepun 's ;ueuanoo 'suot ;B ;uesaJdaJ 'seytuweput 'saguBJJem ay; so 118 pue yoee sew 'uteJey
peutg ;uoo AJBJ ;uoo eU10) 6uty ;Aue Bulpuelsy ;tm ;ou 'A(UBJJam 6utoBe.1os ey; so uol ;deoxe ey; 411M ;ey; paejBe putt poo;s.1apun Atsseidxe st ;i •(;uawni ;su!
sty; a ;noexe o; A ;!Joq ;ne pus Jomod 11n; sessessod 1! ;sy; S1UBJJBm Age.1ey; JoIuBJO pus) ee ;snit yons se ;t ul pe ;sen pus uodn peiiesuoo A;uoy ;ns
ey; pus Jemod ey) so esto .1axe ey; ul enogs paranoid se ea ;snit se ;nq A(auosied ;ou 'JO ;ua.1O Aq pe;noexa st e6e6poW s141 °A1111SVI1 S.H01NVHJ
•peJlnbeJ sl ;uesuoo yons eiaym seou8 ;sul ;uenbesgns
0; ;uesuoo 6uinut ;uoo e;n ;l ;suoo ;ou !legs eoue ;sut Aus ul Japuel Aq ;uesuoo yons so Bul;usJ6 ay) 'e6e6poW sty; ut peJlnbeJ Si Jepuel Aq ;uasuoO
JeneueyM •suol ;oesusJ; em;ns Aus 01 58 suo11s6l(go s,Jo ;ueJO so AUB 10 s;geu s,Jepual so Aus so Jentem a a ;n ;l ;suoo hays 'JO ;uBJO pus Jepuel
ueem;eq Bulleep so esinoo Aue Jou 'Japuel Aq Janlem Joud oN •uolslnoJd Jey ;o Aue Jo uotslnoJd;eq; y;lm aOUgpdwoO lows puewep 0) estnvey ;o
;Op s,Aped ey) eoiPnfaJd JO 40 Janlem B e ;n ;l ;suoo lou Heys e6e6poW sly; ;o uolslnoJd a so Aped AUB Aq JOAIBM V ;yBu Jay)o Aue 10 ;yBIJ yons
so Janlem 8 se e;BJedo Hays ;Op Aue Bulsloiexe u! Japuel so lied eU1 uo uo(sstwo 10 Aatap oN •Jepuel Aq peuBts puB But ;um u! s! Jen!BM yons
ssatun (s ;uewnooa pe ;e(8H ey; Jepun Jo) e6B6 ;JoW sly) Jepun s ;y6u Atm wpm envy 01 pawaap eq ;ou Heys Japuel •s;uasuo3 pue &JanlmM
•e6e6poW sly; Aq pemaes sseupe ;gepul 118 0; se ButwoAM
so a ;e1S 84) 40 SMBI uOHdwexe pee ;sawoy ey; so suseueq pue s ;y61J Its SOAIBM pue sesBeleJ A0e.1e11 JO)UBJO uoldwax3 pea ;sewoH 40 Jan!BM
•e5B6poW Sty) 40 8OUBWJoped 84) ut eouasse ey1 so s( ewll •eouess3 ay; )o sl awl!
•sseupe ;gepul ey) Jepun A ;tt!gB!I Jo e686 ;JoW sty; so suot;e611go ay) wo.1s JoIu8J0 ButseeleJ;no411m uolsuelxe JO eOUBJeegJOs
so ABM Aq sseupe ;gepu! ey) Hue e6e6poW 814; o; e0ue18sei 411m sJOSSeoons s,JO;ueJO y;tm jeep ABW 'J0)U8Je o; e0HOU ;nogl!M 'Japuel
'JO;ueJS us4# 1e4;0 uosJed 8 ut pa ;sen sewooeq Apedoid ey) so dlysJaumo sl •suBtsse pue sJOSSeoons Jtay; 'seeped eU1 so ;Heueq ay) 0; aim! pue
uodn Bulpulq eq Heys e6e6poW sly; )saJalu( s,JO ;usJO so JessuBJ; uo e6e6poW sly; uI p0 ;g ;s suol ;epwH ay; o;;oafgns •su6lssy pue sioss000ns
•eIgeeo .1osue pue P11en u)BwaJ Heys s;OedsOJ Ja410 HB u1 eMe6 ;JoW s141 so suolslnoJd 18y)0 11B PUB ualo(Jls eq Heys ;('pawpaw os
eq mum uols(noJd 6utpuasso ey) j! 'Janemoy 'A;1P!IBn 10 A ;1Hg800JOsue so s ;1w11 ey) u14 ;1m eq 0) pa(stpow aq o; pawaap eq Heys uolslnoJd Butpuesso
yons AUB 'e(gtsses st •seOUe;swnOJ1O .10 suos.1ed Ja410 he 0) ss a(geeo.1osueun JO p uolslnoJd ;ey) Japuei ;ou Heys Bulpuy yons 'eoue ;swnOJt0
Jo uosied AUB 01 se eIgeOOJOsueun 10 pHBnu1 eq 0; e6e6poW sty) so uolslnoJd Aue spuis u0!Olpspnf ;ueledwoo so pnoo a 11 •A)II!gUJanes
•Japuel so 1uOSUOO u81#IJm ey) ;no411m 'A;toed80 Aue u! Japuel so ;l;eueq ey) J04 .10 Aq ptey
ew1; Aug ;e Apedoid ey; u1 wipe Jo ;mewl Jay;o Aug gym aBeBpoini sty; Aq pe;B8J0 a ;B;se Jo ;seJe;ul ay) so Je6Jew ou eq 11eys 8.1041 •Ja6Jaw
•e6B6poW sly ;o suo(stnoJd
ey; awsep 10 lOJdJelul 01 peen eq o; ;ou 8)8 pue Apo sesodmd eouetuanuoo Jos 9.1E e1388)JoW sty; ut s6Utpeey not ;de0 •s6ulpVOH uoi$do3
•6uIwoAM ;o a ;g ;S ay; to smut ay; y ;Im swum= u! pant ;suoo pus Aq paUJano6
aq ;tags a6B6poIN sly! •6uIwoAM is 0 10)5 ay; ut Japuel Aq pa ;da000 puo Japuel o; paJanllep uaeq say a6e6 ;JoW x141 met algo311ddy
;uewpuew8.10 uoiBJe ;le 841 Aq punoq .10 pe6J840 eq 0) ;y6nos seeped Jo Aped
ey) Aq peu6(s pus 8U) IJm u( u0n16 sselun enl ;oesse eq 11eys e6e6poW s14) 0; ;uewpUewB 10 so not ;BJe;1e oN •e6e6poW 914) u1 ypos les s1e ;Bw
E9ZZ00P9 ON ueo-
gZ-,o
ftwilftWW
ew °.°rwr w
w ft1
als asp
Wow
ftwbgpar ale
a om
IlwammftwilaVa
mo
w
To -wi:.
thence Sd9 -15'
line. in part.
thence iJ00 -28'
line, in part.
ptember 90 anew
eptembe 999
molyneuw.des
DtscarkTION FOR
ROSS A. N :t;,,n AND NAALL" N. xIZLU TRUSTEES CF
FAMILY TRUST, HATED 10 JANUART 1944
MOLYNStjx raA..•r RSIISED
The: pact. vC the NEAN:k of Section 36,
Incorpc :ated Limits of the Town of
Wyoming, being per n,Q chaos tract& oc
the Clerk of Lincoln County in Hook 2'
on Page 205 and in Book 411 cf Photos:
deaar:bcd es f.:rlluwe:
CoMmENCZNO a a point
Highway 89 identical
of Nie1d Avenue, S77•
rmrnsr of oaid OacG
Record filed in said
USA ,31 Oji
thence N89 13' -59 "E, 123.87 fee:, along maid
the APZXi OP ato2lQfilfo;
n
VecRiftellon U any weir of the r aoaIrC aaref!hrlow "terminates O1OWty of the au'weyor"
THE ROSS A. NZ=
754
T32N, R119W, within, the
Afton., Lincoln, County.
record in the Office of
0 of Photostatic Records
atic Rern..4a on page 127
on rho west right- o2.way in 0_
U.
with, an intersection with the south line
-19'- 35';4, 159.77 feet from the nnrrh.
3. found a3 descrsbed in the Corner
office;
trance 98 9 13' -14"W, 165.64 f eet, along said south line. to
he SPLKI OF BEGINNING.' On the centerline of that acceae
as a..ment of record in amid office :n Book 278 f Pho:
Records on page 82; ostatic
thence S 6 38' -24 "W, 127.18 feet, along said centerline, to a
spike;
-29 "W, 121.41 feet.. along an existing fence
to a point at a fence corner;
-09 "E, 120.05 fret, along an existing fence
to a mine on veld south line,
south line. to
the BASE BEARING for this survey is the west late of the
Airport Addtrinn to the Town of Afton, Plat NO. 311, being
situate between two 2" brass marke:e sec in concrete inscribed
AFTON BOUNDARY" and appropriate details set by Ivan L. r..tl.
U beam: Stag being NU1" -05' 00 "W;
each "spike by a 3/8" x 12" steal opike reirfu..uCd by a
5/8" x 24" steel reinforcing rod with a 2' aluminum cap
inscribed "SURVEY SCHERBEL LTD AFTON WY PLS. 5368 with
epprapaieLe details;
each "point" marked by a t /a" a 24" steel reinforcing rod wit.n
4.2" aluminum cap inscribed, °SURVEYOR BCHERBEL LTD AFTON WY
ALS 5168 with appropriate decals;
all in accordance with the plat prepared to be filed in :he
Cffice of the Clerk of Lincoln County rir.led, "ROSS A. Nt :Lo
ANC MABLE W. NIELO CHARITABLE REMAINDER :JNITRU3T, CATER 20
FEBRUARY 1998 AND RCSS A. NIELO FAMILY TRUST, DATED 13 JANUARY
1 esa PLAT oar TRACTS WITZ:Id: BLOCK 30 Lore NM a ORIGINAL
TOWNSITE OF AFTON AND WtTitZN THE SOUTHWEST AFTON ANNEXATION TO
THE TOWN OF AFTON IN TI .,NE',4NEU SECTIDN 36. T32N i ow r.tua :o:.at
UJuNTY. WYOMING dat /4 March 1998 and revised 23 September
199