Loading...
HomeMy WebLinkAbout865293365293 BOOK PR PA GE 009 00 APR I AN S.: 3 JEANNc €..ii` ER KEMMERER, WYOMING RECEIVED rry State of Wyoming Space Above This Line For Recording Data MORTGAGE (With Future Advance Clause) 1. DATE AND PARTIES. The date of this Mortgage (Security Instrument) is parties, their addresses and tax identification numbers, if required, are as follows: APRIL 6, 2000 MORTGAGOR: 'IED RAY JORGENSEN II CYNTHIA LCC'KYER JORGENSEN HUSBAND WIr 1; PO BOX 75 PO BOX 75 GROVER, WY 83122 GROVER, WY 83122 If checked, refer to the attached Addendum incorporated herein, for additional Mortgagors, their signatures and acknowledgments. LENDER: The property is located in LINCOLN THE BANK OF STAR VALLEY ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF WYOMING P 0 BOX 8007 384 WASHINGtON AFI17N, WY 83110 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Mortgagor's performance under this Security Instrument, Mortgagor grants, bargains, conveys, mortgages and warrants to Lender, with power of sale, the following described property: LOT 82, RIVER VIEW MEADOWS SECOND ADDITION TO THE TOWN OF ALPINE, LINCOLN COUNTY, WYOMING, WITHIN THE SE1 /4 OF SECTION 30, T37N, R118W, ACCORDING TO THAT PLAT FILED FEBRUARY 11, 1994, PLAT NO. 264 -D, INSTRUMENT NO. 778568. LOT 82 RIVER VIEW MEADOWS (Address) WYOMING MORTGAGE (NOT FOR FNMA, FHLMC, FHA OR VA USE) 01994 Bankers Systems, Inc., St. Cloud, MN (1-800-397-2341) Form RE- MTG -WY n0 /94 at (County) ALPINE Wyoming 83128 (City) (ZIP Code) and the Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as "Property 3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall not exceed 18, 531.71 This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Lender's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) PROMISSORY NOTE DATED 4/6/00 IN THE AMOUNT OF $18,531.71 (page 1 of 4) (17 Jo Z abed) 176 /8L/ LL AM wJaj ILiEZ NW "Pno13'1S °Dui 'swelsAS st8 )Iue8176610 •msj aigeoildde put sasta-1 ag13o suual 3173 qqm tiidutoo 01 mum Cu te agnbaz pue ulsluletu o1 saadE osie 1o8t8uoN •mej lueualipzoipuet aigeolldde AUE 10 saseaZ all zapun slstxa mum ou lEtp sumuum 1o8e8lzoy4I •luauznzlsui tCiunoas sup ul papinozd se palidde aq Tilt paloaiioo slunouie tiuy •spun3 zap in gum duals all ajBununuoo 1011 HIM pue zapua 1o3 1S1U1 111 small CUE 0A10331 ITim puE uolssassod s,zo8e8uow ul small jo luauttiEd tiUR _lapua7 01 1anllap put aszopua HI" 108E811ow 'linemap JO 3311011 8111n9331 UQ •Iapua 01 tipoa11p small alnln3 jTE tiEd 111111133 AUE legs spueuiap puE ljntJap jo zo8E8uojAI saipou `luau Si! 10 _lapual uagm mom 01 pawaap s1 uolssassod 'emu 11173 put uopoe 1E8aj 8upuauluuoo 3o ii1TSSa3au 3171 lnogltm dlzado _ld aql jo uolssassod !emu a)Ttl Attu zapuf imp saal8s Jo8E8uoJ,i •paidslles sl lq ci pampas all 'pun pouad uopdwapaz Aire 8uunp 133333 111 ulutua1 Iilm luautu8lssE sup Imp put 'mel tCq paquosazd uopos anpEUugJe sa71 lapua-1 uagm sound mull 01 se anpoa33a SI 3uaun18tsse sup 1eg1 saa18e 1o8E81 _low luatutulsui iilunoas sup 03 sol 3171 uaamlaq anpoa33a ICTa1elpaUlutl s1 1uautu8lsst sup 1e saa _l8e 1o8E811ow •luatutulsul tilunoas sup Jo suual a l 1 pun linnjap ul loo s1 zo8e81_lojAI se 8uoi os small aql asn put Aqua `3AI030z 'loalloo Suitt zo8e8uoyl •sasta'l ain n3 put Bupslxa HE jo saidoo 13azio3 puE anal g1pm zapuarl apinozd tipduto _ld ITIm 108E821ow „sivaj„ sE o1 pauojaz IIe) sglozd pue sanssl 'sum' pue „sasea-1„ Se o1 pazzaJaz HE) sluauiaa1BE gins 3o suopnipsgns 10 suopEoglpout `sitmauaz `suotsualxa tier 8uipnjoui `tCuadozd ag1 jo uoluod /CUE 3o tioutdn000 pue asn 3171 103 sluauaaal8e I1q _lan zo uallum zagao ,Tare pus `saseaigns `sase0i alnln3 10 8upslxa HE pue Mate 01 put ul lsa _lams pue aJ111 `1g811 aq1 HE ,illznoas TsuopIpp1 sE Japuf 01 SIUE11em put s38e8110w `sti0nu03 'swami `slue18 Ajgeoonaln 1o8e8uow •S,LM I GMV SdSVd'I 30 iNgiANOISSV •Ii •uopotuisuo0 a111 3o uopaiduzo3 u!pnp111 `Auadold 3 T1 111 lsa _laIul Ammoas s,zapuarl 13alozd 03 t(zessaoau sdals Tie 0/E1 AMU zapuai _lauuE111 aigeuosea_l g 111 uo paa1lE3 1011 10 panutluoostp si filmdom ag1 uo uo113nzlsuo3 iiue 31 •luaumzlsul Allmon sup zo mei 3171 zapun slg2u 13410 s,lapual 3o Cu ts 8utspzaxa utoz3 zapua- apnea _ld 1011 TTIm uuo3 _lad o3 ainpre3 s,zapuarl pue `uuo3 _lad of uopEBrigo uE 01E013 1011 Hugs _l08E8uow 103 uuojlad 01 1g8t1 s,zapua'1 a3Utuuojzad 103 [izessaoau lunOUre titre tied 10 3Ureu S,I08E 1101/( U8iS 03 1 ul tiaU1ollt se _lapua'l sluiodde zo8s83 _low •pauuojlad aq o3 Uzagl asne3 _lo Uuojlad `a013ou lnogltm 'Amu zapual `luaum11su1 till1noas sup 111 pauleIuoo sumo/ up 3173 3o /CUE 10 t(lnp t(ue 111 _lojzad o3 sip 1o8s81101A 3I 'IARIO3ldd 01 A,LRIOHIIIV 'OT •uo110adsut s, _lapua'l uo dial titm ou ul Illm _lo2t8110JAI pue 1pauaq s,lapuarl zo3 t(ia _lpua aq Hugs tivadozd am 3o uotloadsul tiuy •uopoadsul 3173 zo3 asodlnd aigtuosta_l a 2rn (3Tads uopoadsul ut alojaq 10 JO 011111 aq1 1E a0pou zo8E831oy% an18 (Tugs zapuarl •tclzadozd 3171 8upoadsul 3o asodlnd 3171 zo3 ooze aigeuosEaz taus 111 tivado _ld 3171 zalua `uopdo s, _lapua-1 le `t(EUt slua8t s,lapual1 10 lapua'l •tivado _ld all 01 0 EUIEp 10 SSOI AIM JO pue `zo8e811oyAI lsuls8e Suop3E pue stump `s8ulpaa0ozd `spueutap Hu 3o zapuarl 1j!1011 Him zo8g8110JA •luasuo3 uallazm loud s, _lapuaZ lnogllm luamasEa 10 lueu0n03 anI33uisaz `asuaoli Niue U1 amp taus 11Uuad loo Itlm 081181 _low •luasuoo uallum 1o11d s,lapua' lnogltm amp XTTelluelsgns 1011 film asn puE tiouedn000 3 3o alnleu all 11141 saa _l8E J082J0j/%I •sassez8 pue spaam snoIxou 3o aaz3 t(1 _lad0zd ag1 daal Tilt 1o8e8uow •Suadozd ag1 3o uoptzoualap 10 `matuiledu1I 'mum tine MOUE 10 1tunu03 1011 Hugs _lo8E8uow •ti1ESS000U iCTgtuosta1 0111 1Egl medal HE aNutu pile uolupuo3 poo8 111 ,ilzadozd alp dam !pm zo8e8uo NI 'NOIIDadSNI (INV SIsIOI1V?Id,L'IV `AIOIIIQNOD A.L2Idd0Ud '6 •paseaial st 3uauUUlsul *moos sup pUe I1n3 111 pled s1 lgac p01nOas 3113 Thin 13a33a U1 u1EUIaI TTegs pue tivadozd ag1 g11m un1 iisgs lug110n03 SIgZ 'aigeolldd1 SE '(i6g •II ZI) mu! Iezapa3 fig pasodUtl suopOI _l1sa3 ag1 01 loafgns Si 1481_l slq,l, •Al1adold alp Jo aies 10 _lajsuez3 `aOUE1qumOua `uall ties `3o u011ea10 3171 zo3 13s _l1110010 `3o 1101111313 aq1 uodn aigst&sd pug anp tCialglpautuI! aq o1 iclau pavans o p 3o aouepq an3ua 041 =pap `uopdo s11 1• `tiEUI _lapua'l 110 3'IVS NO aria '8 •tilzadozd atT1 anozdull 10 u1e3111E111 01 51E1101E1u 10 zoggi tCTddns oqm salued lsule8e aneg SEU1 1o8e81zoiN sasuajap 10 sUIIEI3 `s111811 tiUE `lapua Aq palsanbaz se `lapua7 0l u21sse o1 saa18E zo8e81zoy4I •1U0t UUlsu1 ti3jn0as sup 3o 11311 aql 1redut1 pint rem sullep SUE 1stquRe Suadozd 011 01 app puajap Illm 1oSE2uow •3uaultfed s,1o8e81zow 8upuapna sld1a0a1 ag1 pug anp 01E s3unoure lions 11143 sao1lou He 3o saldoo lapuaJ of apinozd o1 1011110J,4 almbaz Amu lapuarl •anp uagm tivado _ld 041 01 $upsial sa81eg3 10410 pue `sapiTpn 'slum punol8 'swuamtied asEal `sa0u11qum0ua `suai1 `sluaUlssass1 `saxes HE Sal HIM 108E811 0 1AI 'd'IZI! ISMIVOV S1'JIVID 'L •3uasuo0 uallum _loud s 3nog1m luaulUOop uaIJ all tiq pazn0as 3ua1.U001 t 10 31011 1(1111 zapun saouenpe aznln3 tine 1sanba1 01 1011 `JO uo1sua3xa 10 uo tiuB moue 113 10N •J •Japing all utoz3 santa0al 1o8s811oini 1e141 saopou taus zapua'l 011anipp ttpdUI01d o,j” •g •slueuano0 Iie lllm ,CTdUao0 10 uuojzad of pue anp uagm s1U01.Uied Tie oval o,l, •V :saa18e Jaa110IA `tivadozd ag1 uo aouuiqulnoua 10 1sa1a1u1 t(uln0as _011d E paleaz0 legs luaum0op uali zagao 10 luautaal2e ti3unoas `3stul 3o poop `08e2uotu zaglo tine 01 p1E801 g1IM •s1Sd2Id.LMI A.LRIf1D S IIORId luaUlnllsul 311n0as sup put 3qa( paln0as alp Jo suual 3171 g11m 00utp1000t 111 1111E anp uagm pled aq TIIM lgaQ pan all zapun s1uaUltied I1t le saaz2e zo2t2uow •S.LI\IaT1IAVd •uolsspsaz 3o 101_l ag3 3o 00!10 I paunbat tine an12 03 sJIE31apua'l 3I 1gap zagao t(uE amoas 1011 ITIM luatutulsuj Allmon silty luautaulsul ti31m0as sup 3o suual 0141 zapun _lapua-1 iq pazznoul sasuadxa puu pa0uenp1 sums lasso taut put ani1n s31 put tfuado _ld 3111 8up0alo1d asImlaglo 10 8utAJasa1d `8uunsu! zo3 lapuo' t(q pazlnoul sasuadxa pug paouenpg stuns Fuomppt Hy •zapual pug 1o2e2uoyfI uaamlaq luautaa_l8e 1un000e 31sodap ,CUE of 8ual1101 sum :nano zo3 saplilgt4 `01 pants! 1011 qui `8ulpnpul `MET Sq palIgTgozd 1ou 3ua3xa all 01 'awe Jam Amu gOIgm `zapual 0l samo Jo2u21JoIN suolls Ily •8u1111m altledas a ul 01 paa12E aq lsnut luaux3luzuzo0 gins troy •3unoUre ,iue 111 sa0uenp110 strew aznln3 zo Ieuolllppe alum 111 3uau111UIU100 E 0311313suoa Hugs 3UaU1tuIsul t(lunoos sup uI $u!4IoN •lu0Um_l3su1 1 3T1n0as slip 3o alp 0141 uo apeul 3I se pam0as 01E suol3e$iigo aznln3 10410 pue sa0u1npe aznln3 ITV •paouenpe aq 1ai( 1011 ti11W lied zo Tie g8nogl uana 3uaU1n_llsul tilun0as sags pa1n0as are suope84go a1n3n3 zagao pue sa011Enp1 aznln3 IIy slag3o pug 108E81_loyq 010111 10 3110 tine 10 `1o8e81zow mow 10 3U0 t(ut sq 1)01111111 10 01 uana8 aze 11143 suotl18ligo a _lnlnl pus sa0uenpg a _lnln3 Tie amoas ITIm luaUlnllsul tillm0as sup 1eti1 saa18e 108E8110N pea luautn11su1 ti3 sup su8ls uoszad auo 1Egl atom 31 •pa3ua10Ja1 Si e sr 1U0UII zlsul *moos sup 1ou 10 1aglagm luaumllsul tilun0as sup 1313E paln0axa 1apua13o 10ne3 ul 102e8uojAi t(q paln0axa lgap 3o aouapIna 10110 10 `ti111e1en8 `10s11u00 `01011 t(.tossluloid Cue zapun zapua11 01 1o8s81Joy\i Jo sup �1e a_ln3n3 13430 10 1o2e811oyAi of 1apua'l 111013 sa0uenps aznln3 ITy '8 0T0 '9 'S 011 12. LEASEHOLDS; CONDOMINIUMS; PLANNED UNIT DEVELOPMENTS. Mortgagor agrees to comply with the provisions of any lease if this Security Instrument is on a leasehold. If the Property includes a unit in a condominium or a planned unit development, Mortgagor will perform all of Mortgagor's duties under the covenants, by -laws, or regulations of the condominium or planned unit development. 13. DEFAULT. Mortgagor will be in default if any party obligated on the Secured Debt fails to make payment when due. Mortgagor will be in default if a breach occurs under the terms of this Security Instrument or any other document executed for the purpose of creating, securing or guarantying the Secured Debt. A good faith belief by Lender that Lender at any time is insecure with respect to any person or entity obligated on the Secured Debt or that the prospect of any payment or the value of the Property is impaired shall also constitute an event of default. 14. REMEDIES ON DEFAULT. In some instances, federal and state law will require Lender to provide Mortgagor with notice of the right to cure or other notices and may establish time schedules for foreclosure actions. Subject to these limitations, if any, Lender may accelerate the Secured Debt and foreclose this Security Instrument in a manner provided by law if Mortgagor is in default. At the option of Lender, all or any part of the agreed fees and charges, accrued interest and principal shall become immediately due and payable, after giving notice if required by law, upon the occurrence of a default br anytime thereafter. In addition, Lender shall be entitled to all the remedies provided by law, the terms of the Secured Debt, this Security Instrument and any related documents including, without limitation, the power to sell the Property. All remedies are distinct, cumulative and not exclusive, and the Lender is entitled to all remedies provided at law or equity, whether or not expressly set forth. The acceptance by Lender of any sum in payment or partial payment on the Secured Debt after the balance is due or is accelerated or after foreclosure proceedings are filed shall not constitute a waiver of Lender's right to require complete cure of any existing default. By not exercising any remedy on Mortgagor's default, Lender does not waive Lender's right to later consider the event a default if it continues or happens again. 15. EXPENSES; ADVANCES ON COVENANTS; ATTORNEYS' FEES; COLLECTION COSTS. Except when prohibited by law, Mortgagor agrees to pay all of Lender's expenses if Mortgagor breaches any covenant in this Security Instrument. Mortgagor will also pay on demand any amount incurred by Lender for insuring, inspecting, preserving or otherwise protecting the Property and Lender's security interest. These expenses will bear interest from the date of the payment until paid in full at the highest interest rate in effect as provided in the terms of the Secured Debt. Mortgagor agrees to pay all costs and expenses incurred by Lender in collecting, enforcing or protecting Lender's rights and remedies under this Security Instrument. This amount may include, but is not limited to, reasonable attorneys' fees, court costs, and other legal expenses. This amount does not include attorneys' fees for a salaried employee of the Lender. This Security Instrument shall remain in effect until released. Mortgagor agrees to pay for any recordation costs of such release. 16. ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES. As used in this section, (1) Environmental Law means, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA, 42 U.S.C. 9601 et seq.), and all other federal, state and local laws, regulations, ordinances, court orders, attorney general opinions or interpretive letters concerning the public health, safety, welfare, environment or a hazardous substance; and (2) Hazardous Substance means any toxic, radioactive or hazardous material, waste, pollutant or contaminant which has characteristics which render the substance dangerous or potentially dangerous to the public health, safety, welfare or environment. The term includes, without limitation, any substances defined as "hazardous material," "toxic substances," "hazardous waste" or "hazardous substance" under any Environmental Law. Mortgagor represents, warrants and agrees that: A. Except as previously disclosed and acknowledged in writing to Lender, no Hazardous Substance is or will be located, stored or released on or in the Property. This restriction does not apply to small quantities of Hazardous Substances that are generally recognized to be appropriate for the normal use and maintenance of the Property. B. Except as previously disclosed and acknowledged in writing to Lender, Mortgagor and every tenant have been, are, and shall remain in full compliance with any applicable Environmental Law. C. Mortgagor shall immediately notify Lender if a release or threatened release of a Hazardous Substance occurs on, under or about the Property or there is a violation of any Environmental Law concerning the Property. In such an event, Mortgagor shall take all necessary remedial action in accordance with any Environmental Law. D. Mortgagor shall immediately notify Lender in writing as soon as Mortgagor has reason to believe there is any pending or threatened investigation, claim, or proceeding relating to the release or threatened release of any Hazardous Substance or the violation of any Environmental Law. 17. CONDEMNATION. Mortgagor will give Lender prompt notice of any pending or threatened action, by private or public entities to purchase or take any or all of the Property through condemnation, eminent domain, or any other means. Mortgagor authorizes Lender to intervene in Mortgagor's name in any of the above described actions or claims. Mortgagor assigns to Lender the proceeds of any award or claim for damages connected with a condemnation or other taking of all or any part of the Property. Such proceeds shall be considered payments and will be applied as provided in this Security Instrument. This assignment of proceeds is subject to the terms of any prior mortgage, deed of trust, security agreement or other lien document. 18. INSURANCE. Mortgagor shall keep Property insured against loss by fire, flood, theft and other hazards and risks reasonably associated with the Property due to its type and location. This insurance shall be maintained in the amounts and for the periods that Lender requires. The insurance carrier providing the insurance shall be chosen by Mortgagor subject to Lender's approval, which shall not be unreasonably withheld. If Mortgagor fails to maintain the coverage described above, Lender may, at Lender's option, obtain coverage to protect Lender's rights in the Property according to the terms of this Security Instrument. All insurance policies and renewals shall be acceptable to Lender and shall include a standard "mortgage clause" and, where applicable, "loss payee clause." Mortgagor shall immediately notify Lender of cancellation or termination of the insurance. Lender shall have the right to hold the policies and renewals. If Lender requires, Mortgagor shall immediately give to Lender all receipts of paid premiums and renewal notices. Upon loss, Mortgagor shall give immediate notice to the insurance carrier and Lender. Lender may make proof of loss if not made immediately by Mortgagor. Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to the Secured Debt, whether or not then due, at Lender's option. Any application of proceeds to principal shall not extend or 01994 Bankers Systems, Inc., St. Cloud, MN (1- 800 397 -2341( Form RE- MTG -WV 11/18/94 (page 3 of 4) (Signa OS 44 postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid to the Mortgagor. If the Property is acquired by Lender, Mortgagor's right to any insurance policies and proceeds resulting from damage to the Property before the acquisition shall pass to Lender to the extent of the Secured Debt immediately before the acquisition. 19. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Mortgagor will not be required to pay to Lender funds for taxes and insurance in escrow. 20. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Mortgagor will provide to Lender upon request, any financial statement or information Lender may deem reasonably necessary. Mortgagor agrees to sign, deliver, and file any additional documents or certifications that Lender may consider necessary to perfect, continue, and preserve Mortgagor's obligations under this Security Instrument and Lender's lien status on the Property. 21. JOINT AND INDIVIDUAL LIABILITY; CO SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. If Mortgagor signs this Security Instrument but does not sign an evidence of debt, Mortgagor does so only to mortgage Mortgagor's interest in the Property to secure payment of the Secured Debt and Mortgagor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between Lender and Mortgagor, Mortgagor agrees to waive any rights that may prevent Lender from bringing any action or claim against Mortgagor or any party indebted under the obligation. These rights may include, but are not limited to, any anti deficiency or one action laws. Mortgagor agrees that Lender and any party to this Security Instrument may extend, modify or make any change in the terms of this Security Instrument or any evidence of debt without Mortgagor's consent. Such a change will not release Mortgagor from the terms of this Security Instrument. The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Mortgagor and Lender. 22. APPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrument is governed by the laws of the jurisdiction in which Lender is located, except to the extent otherwise required by the laws of the jurisdiction where the Property is located. This Security Instrument is complete and fully integrated. This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the variations by written agreement. If any section of this Security Instrument cannot be enforced according to its terms, that section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used, the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret or define the terms of this Security Instrument. Time is of the essence in this Security Instrument. 23. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing. Notice to one mortgagor will be deemed to be notice to all mortgagors. 24. WAIVERS. Except to the extent prohibited by law, Mortgagor waives any right regarding the marshalling of liens and assets and all homestead exemption rights relating to the Property. 25. OTHER TERMS. If checked, the following are applicable to this Security Instrument: Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be reduced to a zero balance, this Security Instrument will remain in effect until released. Construction Loan. This Security Instrument secures an obligation incurred for the construction of an improvement on the Property. Fixture Filing. Mortgagor grants to Lender a security interest in all goods that Mortgagor owns now or in the future and that are or will become fixtures related to the Property. This Security Instrument suffices as a financing statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the Uniform Commercial Code. Riders. The covenants and agreements of each of the riders checked below are incorporated into and supplement and amend the terms of this Security Instrument. [Check all applicable boxes] Condominium Rider Planned Unit Development Rider Other Additional Terms. SIGNATURES: By signing below, Mortgagor agrees to the terms and covenants contained in this Security Instrument and in any attachments. Mortgagor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1. ACKNOWLEDGMENT: STATE OF .WY.QMING COUNTY OFI-TN TN ss. (Individual) This instrument was acknowledged before me this 67"1-1 day of 2QOQ by k X..0?CW5k T..ft.. A..4 ?A. ..OROW EN,..# -?S. My commission expires: 6- /4- c2000 (Seal) SHARON WALKER _NOTARY PUBLIC State et Wyoming My C o moo Expires lug h 1 n1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 397 -23411 Form RE- MTG -WY 11/18/94 County of Lincoln (Notary Public) 012 (page 4 of 4)