HomeMy WebLinkAbout977318NORTHERN TITLE CO.
PO BOX 856
THAYNE, WY 83127
"FeatheradIook Of Jackson Hole, LLC
Wyoming Mortgage
977318 7/3/2014 2:30 PM
LINCOLN COUNTY FEES: $36.00 PAGE 1 OF 9
BOOK: 835 PAGE: 550 MORTGAGE
JEANNE WAGNER, LINCOLN COUNTY CLERK
1111111111111IIII IIIII 1111 31111111111111
MORTGAGOR:
FEATHERED :HOOK :OF JACKSON HOLE, LLC
A Wyoming. Limited ''Liability Company
PO Box 550
Afton,: WY 83110
Space Above This Line For Recording Data
MORTGAGE
DATE AND PARTIES. The date of this Mortgage (Security fnstrurnent) fs .June 23, 2014. The parties and their
addresses are:
LEND
THEBANK OF STAR VALLEY
:Organized and existing under the laws. of Wyoming'
-384: Washin ^ton'
PO. :Box 8007
Afton WY :83':1 `10
1 CONVEYANCE.; For good and valuable consideration, the receipt and sufficiency of which is acknowledged,
and to secure the Secured 'Debts and :Mortgagor' performance under this Security Instrument, Mortgagor does
hereby, grant, bargain, convey, mortgage` and warrant to Lender, with the power of sale,; the following described
proPe
See Exhibit "A" attached: hereto and made a part hereof`
The property= is `located in Lincoln County' at Part Of Lot 3, Block 29, Afton, Wyorning ,83110.
Together with eft rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and
riparian rights, wells,: ditches and water stock, crops *Tiber,. all diversion payments or third party payments made
to crop -;producers and all existing and future improvemnts, :structures, fixtures, `and rep
elacements that may now, at arty time in the' future, be part of the real estate ,described' tali referred to as :Property) This. Security
Instrument will remain in effect until the Secured Debts and :all' underlying:: agreements .:have been terminated in
-writing by ender.
WYl 4XPTQLMANO000000 00 0087 40 50082 3 14N Wolte'rd KioWef 'Financial SerV ces °1'99'6;.2014:;Bankers Systeme"!
IIIIII(IIIII IIIIIIIIIhIIIIIII 1h illIIII III VIII IIIIhiIIIIIIIIIIIi II�IIIIII��IIIEIIIIII
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2. SECURED DEBTS. The term "Secured D6btsui includes and this Security Instrument will secure each of the
following:
A. Specific Debts. The following deb s and all extensions, renewals, refinancings, modifications and
replacements. A promissory note or othef agreement, No. 01704563, dated June 23, 2014, from Mortgagor
to Lender, with a loan amount of $51,000 00.
B. Sums Advanced. All sums advanced and 'expenses incurred by Lender under the terms of this Security
Instrument.
3. PAYMENTS. Mortgagor agrees that all ayments under the Secured Debts will be paid when due and in
accordance with the terms of the Secured De is and this Security Instrument.
4. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or other
lien document that- created a prior security intprestjor encumbrance on the Property, Mortgagor agrees:
A. To make all payments when due and to "perform or comply with all covenants,
B. To promptly deliver to Lender any.noticels that Mortgagor.receives from the holder.
C. Not to allow any modification or extension of, Yior to request any future advances under any note or
agreement secured by the lien document vithotjt Lender's prior written consent.
5. CLAIMS AGAINST TITLE. Mortgagor wil pay; all tares, assessments, liens, encumbrances, lease payments,
ground rents, utilities, and other charges relattingito the Property when due. Lender may require. Mortgagor- to
provide to Lender copies of all notices that such amounts are due and the receipts evidencing. Mortgagor's
payment. Mortgagor will defend title to the.P1 against any... claims. that would impair the lien of this Security
Instrument. Mortgagor agrees to assign to Lender, as requested by Lender, any rights, claims, or _defenses
Mortgagor may have against parties who supply lalior or materials to maintain or improve the Property.
6. DUE ON SALE. Lender may, at its option, dieclate the entire balance of the Secured Debt to be lmriiediately due
and payable upon the creation of, or contraqt for the creation of, any transfer •or sale:of all or any .part of the
Property. This right is subject to the restrictio s irr posed by federal Taw, as applicable,
7. TRANSFER OF AN INTEREST IN THE MORIGGAGOR. If Mortgagor is an entity other than a natural person (such
as a corporation, partnership, limited liability/ company or other organization/, Lender may demand' immediate
payment if:
A. A beneficial interest in Mortgagor is sold or transferred.
B. There is a change in either the identity o nun'ber of members of a partnership orsimilar entity..
C. There is a change in ownership of mor than 25 percent of the voting stock of a corporation, partnership,
limited liability company or similar entity.
However, Lender may not demand payment id the (above situations if it is prohibited by law as of the date of this
Security Instrument.
8, WARRANTIES AND REPRESENTATIONS. .Mortgagor makes to ,Lender the following warranties and
representations which. will continue as long as, this Security instrument: is in effect:
A. Power. Mortgagor is duly organized, and validly existing and in good standing ih :all jurisdictions In -which
Mortgagor operates. Mortgagor has the 'dower and authority to enter into this transaction and to carry on
Mortgagor's business or activity as it is now being conducted and as applicable, is qualified to do sa in each
jurisdiction in which Mortgagor operates.
R. Authority. The execution, delivery and parfortnonce of this Security Instrument and the obligation evidenced
by this Security Instrument are within Mortgagor's 'powers, have been duly' authorized; have" 'received 'all
necessary governmental approval, will not' violate any provision .of :law, or order of court. or':governmental
agency, acid Wilt not violate' any agreement to: which Mortgagor is a party or to which Mortgagor is or -any of
Mortgagor's property is subject. i
C. Name and Place of Business, Other than previously disclosed' In writing to Lender: Mortgagor has not
changed' Mortgagor's name or principal 'pia a of !business within the•last 10 years and has not used any• other
trade or fictitious name. Without Lender's rior written consent, Mortgagor does not and will :not use any'other
name and will preserve Mortgagor's. existing name; trade names and franchises.
Feathered Hook Of Jackson Hole, LLC
Wyoming Mortgage
WY/ 4XPTOLMAN0000 .0000000674050062314N Wolters 'Kluwer Financial Services 13 1996, 2014 Bankers SystemsTM
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.:9. CONDITION, Al_TERATIONS, INSPECTION, VALUAT10.111: AND APITAISAL. Mortgagor will the
property:in:..good condition and make all repairs that are reasonably necessary, Mortgagor will not commit or allow
any waste, impaIrrnerit, or deterioration of the Property. •Mortgagor will keep the Property free of noxious weeds:
and grasses Mortgagor agrees that the nature of the occupancy and use will not substantially change, without
.1,:ender prior written consent. Mortgagor will not permit: any change in any license, restrictive covenant or
easement without Lender's prior written consent. Mbrtgagor will notify. Lender of all demands, proceedings,
claims, and aCtions 'against Mortgagor, and of. any loss or damage to. the Property
No portion of
the Property will.be '1'er demolished or materially altered without. Lender's prior written consent
except that Mortgagor has the right to remove items of personal property comprising a 'part of the Property that
become worn or obsolete, Provided that such personal property IS replaced with other personal property at least
eqUallr.value to the replaced personal Property, free from any title retention device, security agreement.-or:other
eneUrnbrance. Such replacement of personal property :will be deemed subject to the security interest :created by
this Security Instrument. Mortgagor will: not partition or subdivide the Property. without Lender's prior Written
'consent
Lder,Or:Lerider's agents may, at tender's option, enter the Property at 'oriy-reasOnable•time.and frequency•for
the purpose of inspecting, valuating., or aPpraising LOnderWilrgiVe-MOrtgager notice at the
or before an or1,site 'Inspection, .valuation, or appraisalfor on going dtie a
reasonable.:OUrpose. -Anyhapection, valuation or appraisal of the Property will be.entirelY.fOriLender"s :benefit and
Mo4gagor::-yvill:in‘ no way rely on Lender's inspection valuation or appraisal for its Own purpose, .except as
otherwiie provided by law.
10. 'AUTHORITY TO PERFORM. If Mortgagor fails to perform any .duty or any of the covenants contained
Seei;ifitY.: Lender may, without netico,OerfOrni or aeilee..ithern:t.P:bO' 1)wformed. Mortgagor appoints
Lender .ae...attOrney in 'fact to sign MortgogOr's name or pay any amount neceseery fOcberfOrmante.A.ender!s right
itO:":1:Y004rtfliii:Mordbgor will not create an. :obligation to perform, land Lender's failure to perform will not ;preclude
tenderifrOrnexerciSing any of Lender's other rights under:the...law:or this Security If: any construction
6 is. :discontinued or not carried on in a reaSoriable manner may take ..alt steps necessary to
f I
.',14 rqe0: Lender's security. interest in the Property, including: completion of the ConstruCtion•
11VDEFAULT.,-...MortgagOr will.,be In default if any Of the following events (known separately and collectively as an
Event of ID elf 0010 occur
A,Tpayments. Mortgagor foils to make a payment in full when dge;
...:B;,:biselyency or Bankruptcy, The death, dissolution or insolvency of, pppointriient,ot.e receiver oyieron.oeirialf
oil' of any debtor relief law the assignment benefit of creditors liY...or.:dri'.'behalf:.of,:.the
voluntary or involuntary termination of exiStenoa the oemmencement of.eny.
7 Pitoebhi:oriutura.federafer state insolvency barikrUptcy,. reorgenizatiOn,:oornpOsidanor debtor relief law by or
against Mortgagor, Borrower, or any co-signer, endorser,. surety or guarantor of.thiS or any
other.;:OtiiigatiotieBorrower has with Lender.
0::,..'.134416OeS.:'Terniiiiaiion... Mortgagor :merges, dissOlVes,. reorganizes, 'ends its business or existence, or a
.-..partner:‘,Or.rnajority owner dies or is declared legally incoMpetent,
1:1'..'!:.FailUre..,to,FerfOrm. Mortgagor fails to perform: any Condition :ortO.'..keeWOny PrOMISe: or covenant of this
SOCUrityinatrument.
E.. A .default occurs under the tOiTrts' of 'briy other dOcUment.relating
F..'..'; Mortgagor is in defaiiiiton.ari‘t other :debt •er:04toetothit NMortgagor ...11aWith..Lender..
a 1
A ■s re p re se nt t ion M ortgagor -Makes .ony.:verbal or written .stoteinOnt 'or.: 1 rifOrtriatiqh.
•iflatilOktrue;:inaOourate, or condeais'a material otthatirnelt: is MadeiOrbroVided.'
1..., lillortgagor fails to satisfy or appeal any against Mortgagor;
'•G.::Forteituro. The Property is used in a manner or fOraoUrooSe:.thatinitatenS'ConfiScatiOn a legal authority
,.....4. changes Mortgagor's nanie Or basuMes. an additional name WitI1O'
Lender before making SUCIi .a change,
jaS
kson Noe LLC
Wyoming Mongage
Wolters ;'136wer Pkiincial 2014 Bankers Systriniem
...:-.1.:-.:-: :1 11111111111111111111111111111111111111110111111111101111111111111111111111101111111111111111r
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K. Property Transfer. Mortgagor trarisfer all for a. substantial part of Mortgagor's money or property; 'Thia
condition of default, as it relates to the tr nsfer n`f the Property, is subiect to the restrictions contained in the
DUE ON' SALE section.
L. Property Value. Lender.determines in ggod faith that the value of the Property has declined or is irnpaired,
M. Material Change. Without first .notifyying 4Lende.r, there is: a material change in Mortgagor's business
including ownership, management, and financial conditions:.
N. insecurity. Lender determines in .good! faith that a material adverse change has occurred in 'Mortgagor.'
financial condition from the conditions. set forth; in Mortgagor's most recent financial statement before: the date
of this Security. Instrument or that the prospect for:payment or performance of the Secured Debts is impaired
for any reason.
12.. REMEDIES. On Or after the occurrence cif an ,Event of Default, •Lender may use any and all remedies Lender
has under state or federal law or in"'any docurpentlrefating td the Secured Debts.; including; without limitation, the
power to sell the Property. Any amounts advanced on Mortgagor's behalf will be immediately due and may be
added to the balance owing under the Secured Debts, Lender may make a claim for -any and.all insurance benefits
or refunds that may be available on Mortgagori's default,
Subject to-any right to cure, required time scIIedules, or any other notice rights Mortgagor may have under federal
and state law, Lender may make all or an part Of the amount owing by the terms of the Secured Debts
immediately due`and: foreclose this •Security ltistrqMent in a manner provided by law upon the occurrence .of an
Event of Default or anytime thereafter. I
Upon any sale of the Property, Lender will make and deliver a special or:.limited warranty deed that :Conveys the
property sold to the purchaser or purchasers.; Under this special or limited warranty deed, Lender willi covenant
that Lender has not caused or allowed a lien or an encumbrance to. burden the Property and that Lender will
specially warrant and defend the Property `s tit a of'the purchaser or purchasers .at the sale against all :lawful claims
and demand of all persons claiming by through- or under Lender. The recitals in. any deed .of conveyance will be
prima facie evidence of the facts =ser forth theillein,
All remedies are distinct, cumulative 'and not exclusive, and Lender is entitled to all remedies provided atiaw: or
equity, whether or not expressly set: forth: The acceptance by Lender of any sum in payment or: parti.al,payment
on the Secured Debts after the balance is due or is accelerated or after foreclosure proceedings are fried: will not
constitute a waiver of Lender's right to requirie full and complete cure of any existing default. By not exercising
any remedy, Lender does not waive Lender's ightto later consider the event a default if`it'continu.es �r happens
again.
13. COLLECTION EXPENSES AND ATTORNES' FEES..Qn or After the occurrence.of an..Event of D.efaiilt,.
extent permitted by law, Mortgagor agrees to, pa.y all expenses of collection, enforcement, valuation, appraisal or
protection at Lender's rights .and remedies under this Security instrument or any other -document relating to the
Secured Debts. Mortgagor agrees to pay epenses for Lender to inspect, valuate, appraise.. and..preserve the
Property and for any recordation costs of rele singlthe Property from this Security Instrument. Expenses include,
but are not limited to, attorneys' fees, court .costs and other legal, expenses. "these expenses are due and
immediately. If not paid immediately, these expenses will bear interest from the date Of payment: until paid' in full
at the highest interest rate in effect -as•provided for in the terms of the Secured Debts. In 'addition, to the .extent
permitted by the United States. bankruptcy Code, Mortgagor agrees to pay the :reasonable attorneys' feesincurred
by Lender to protect Lender's rights and interests in: connection with.8ny bankruptcy proceedings initiated by or
against.Mortgagor.
14, ENVIRONMENTAL LAWS AND HAZARDOS SUBSTANCES. As used in this section,: (11 Environmental Law
means, without limitation, the Comprehensive Environmental Response, Compensation• and Liability :Act •(CE.RCLA,
42 U.S.C. 9601 et seq.), all other federal, sate 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 12) 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, Thel term includes, without limitation, any substances defined. as
"hazardous material," "toxic substance," "hazardous waste,' "hazardous substance," or "regulated substance"
under any Environmental Law.
Feathered Hook Of Jackson Hole, LLC
Wyoming Mortgage
WY/ 4XPTOLMAN000000000006740500 .6231'4N Wolters Kluwer Financial Services x1996, 2014 Sank
111111111$III11111111111111f1111111111111111111111111111111111110111111111111111111111111
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..:MOrtgagor,•:represents,..warrants anctegrees:that::
.A::::'Eicqqjyt as previously disolOsed and acknOWledgedin Hazardpus:S'ilbstanoe:has -been,.
ja,::-. transported, manufactured; treated, refined, or handled by anii On,::tinr.far:
the. Property, except. in the ordinary cOurae of business and in strict compliande with :011-Y.apPlicable
EnVirOntriental Lew,
4,•---' as previously .disclosed and acknowledged in i:writing. to Lender, Mortgagor has not and will not
oanse;.:OOntributeto, or permit the release of any 'Hazardous Substance on the PrciPert9..
c Mortgagor will immediately notify Lender if Il I a release or threatened release. of
occurs on, 'tinder, or about the Property or migrates. or threatens to migrate from nearby property or (2) there ,s
a„ of any Environmental Law concerning the•••.Property In such an event,. Mortgagor will take all.
......::neCessary.rernediefactionin.acoordanoe with:Environmental:Law.,
previously disclosed and acknOWledgedin wr -.to Lender, Mortgagor has pd.'.:•knOWledge of•ror
reason to believe :there is any •pending, or threatened investigation, claim, or -proCeeding of any,kiod„ to
(1;•)] -SuOatanOe. IOCated on under or about the Property, ar„.fa.anyi'violation by Mortgagor or any
tenant of Mortgagor willirntriediately<notify in writing 6:4:.•SoOn;a:S
fiareason,:to believe there•is. suCh:. Pending Inteatetod: inYeatigatiOn;;::olaim; or proceeding;.
even Lender has the right, but not obligation ,10 -participate in, any stich;l:Oroceeding:•iridluding.: the right to
...receive documents relating to such:
Ex cept previously disolOsed. and acknowiedged :w.rfting to Lender, Arlortgagot and every tenant have
and' will remain in :full compliance with anY;•:.00Plioahle.Eovironmental Law,.
...::::'..E;i: :,0xeept:. ae.:,previopely disclosed and acknowledged in Writirig Lender,: there. are. no underground storage
l'::• to:fo'.;:,!:tiri: .domo: or open WellailOcated an or Under the Property and no such tank;•: Well will be
.:.:atfdect.orileSs tender first consents in writing.
0 will regularly Inspect the Property, monitor the activities and op on the. Property, •and
confirm that all -perrnite. liCense.a or approvals required by:•-anY :applicable :EnVirontrientel. Law are' obtained and
cOiMplied! with
11;:•.Mortgagor will .or cause any tenant.t0...perr*, Lender 'l...endet's a006t.c..,01..cer and inspect the
Property •and review •alfrecords at any reasonable titne determine (1): the of
'.HaiardOus:Substance on, Under •or location„ and magnitude
o f Substance that •has been' or or ii n t. t
Mortgagor i'.:.and: :eny tenant are in•compliance with .:appliCe Law,. 1.,,..
est.and...at any 'limp, Mortgagor agrees at ,..,,!0
envirOnrnental, engineer: to prepare 'eh .,enviroOrnental.: oif. Subrnit.,the
aOdit The choice of the envirOnniental.erigirieer:who will perforrii'.8U6h audit is subject,to,Lerlders
approval.
•.-.-..2.,..--. i...:..„.
J Lender has the .right,, but not the :obligation to perform. any of Mortgagor's, obligations 'under •thiS. section at
..Mortgagors expense.
K...:;'Ae consequence of any breach of any representation, warranty or promise made in this •section, (1)
Mortgagor will indemnify and hold Lender and Lender's successors or assigns:inartnlesS:frorn and against all
AO.4s*i::::etajfrr§ d
enalties:ah
10616 cost OVIitig Or
..:•aSSignS and (2) 'at _Lehder'S'disOration;.!Iender and:
mortgagor will Lender With collateral of at leasvectual without prejudice :tQ any of
tondee,slights:Under Ihiss
1::.1±oty‘..1,1thstaricling any of the language. contained. in this Security Instrunient to the contrary t he terms of thi
iseatiOn*ill surVive..any foreolosUre.Or satisfaetion. ••thiS title
to:::LenderOr.::anyu-diSposition by 'Lender of any or all of the ProPerty. Any claiMS contrary:
are hereby Waived,
1•5;..:060tMIN.ip1tON ::Mortgagor will give Lender prompt notice of any pending or threatened aotiarilOyiritivateor
biliblientitleilto'urOhase. or take any or all of the property •dornainor.,:any:Other.
..::::•.',:f.Aeiiii.,:,08iidil6br'j..40tiioilies Lender to..intervenk:IntlOrtgagiies.:.naine in anY'Of..the,:ahOve:daSCrliied:actiOnS:ir:
_r.bot-iiit00;noi*,Of,r.ii dkior; Halo, LLC.
.:-...M1104-00Eiti
i•
.W/ 4 X606VIAN00000000004 1 374050023141*: ,.::.YValtOls::190. 1996;-2014.Bankbrs Syi:terneffi PagO
1111111111111111111111111110111H101111111111111111111V
0..i<1.. ..7 0 4 "5. :::6 '1; :0 :-6.,:,2'
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 :pa „the Property. Such proceeds will be. considered payments and
will be applied as provided in this Security Inst This assignMent of proceeds is subject to the terms of any
prior mortgage, deed of trust, security .agreerr ent.or other lien document.
16. INSURANCE, Mortgagor agrees to keep he Property insured against the risks reasonably associated with the
Property. •Mortgagor will maintain this insurance in the amounts Lender requires. This insurance will last until *the
Property is released from this Security lnstrurrent, What Lender requires pursuant to the :prec.edin'g'two sentences
can change during the of the Secured Debts.. Mortgagor may choose the insurance company, subject to
Lender's approval, which will not be unreasonably vithheld,.
All insurance policies and renewals shall include a standard "mortgage clause” (or "lender loss payable clause
endorsement that names Lender as "mortgagee" and "loss :payee If required by Lender, all insurance policies
and renewals Will also include an "additional: insured' endorsement that names Lender as an "additional insured
If required by Lender, Mortgagor agrees to maintain ::comprehensive general liability insurance and rental- loss., or
business interruption insurance in amounts and udder policies acceptable to Lender... The :comprehensive general
liability insurance must name Lender as an additional insured. The rental loss or business interruption insurance
must be in an:amount equal to at least covera of one•year's debt ;service, and required escrow account 'deposits
(if agreed'to separately in writing).
Mortgagor will give Lender and the insurance ;company imr'nediate notice of any loss; All insurance proceeds will
be applied to restoration.: or repair of the Prop rty or to the :Secured Debts, at Lender's option, If Lender acquires
the Property in damaged condition, Mortgagor's rights to any insurance policies and proceeds will: pass to Lender
to the extent of the Secured Debts,
Mortgagor will immediately notify Lender of `cancellation or termination of insurance. If .Mortgagor fails to .keep
the Property insured, Lender may obtain insurincelto protect Lender's interest in the Property and::Mortgagor will
pay for the insurance on Lender's demand, Lender; may demand that Mortgagor pay for the insurance all at once,
or Lender may add the insurance premiums to thel balance. of the Secured Debts and charge interest on it at the
rate that applies to the Secured Debts. This insurance may include coverages not originally required;of Mortgagor,
may be written by a company other than one Mortgagor would choose, and may be written at a higher rate than
Mortgagor could obtain if Mortgagor purchasers the insurance. Mortgagor acknowledges and agrees that Lender or
one of :Lender's affiliates may receive .commie4ions on the purchase of this insurance.
17. ESCROW FOR TAXES AND INSURANCE, Mortgagor will not be required to pay to Lender funds :for taxes and
insurance in escrow.
18,' WAIVERS. Except to the extent prohibited by l aw, Mortgagor waives all homestead exempti i rights 'relating
to the Property.
19. APPLICABLE LAW. This Security Instrument; is governed by the laws of Wyoming, the United States of
America, and to the extent required, by the Ielws of the jurisdiction where the Property is located, except to the
extent such State laws are preempted by federbllaw.
20, JOINT AND INDIVIDUAL LIABILITY AND SUCCESSORS. Each Mortgagor's obligations under. this Security
Instrument are independent of the obligations of any other Mortgagor. Lender may sue each Mortgagor
individually or together with any other Mortgagor,. ,Lender may release any part of the Property and Mortgagor will
still be obligated under this Security Instrumen° for the remaining. Property, Mortgagor agrees. that Lender and any
party to this Security Instrument may extend, lnodif y or make any change in the terms of this Security Instrument
or any evidence: of ,debt without Mortgagor's consent, Such a..chan g a will not release Mortgagor from the terms
of this Security Instrument. The duties and benefits of this Security Instrument will bind and benefit the
successors and assigns of Lender and Mortgagor., i
21. AMENDMENT. INTEGRATION AND SEVERA This Security Instrument .may. not. be amended or
modified by oral agreement. No amendmento modification of this Security Instrument<.is effective unless; made in
writing and executed by Mortgagor and Lende This Security Instrument and any other documents relating to the
Secured Debts are the complete and final exprOssion of the agreement. If any provision of this Security Instrument
is unenforceable, then the unenforceable provision will be severed and the remaining provisions' will still: be
enforceable.
Feathered Hook Of ,Jackson Hole, LLC
Wyoming Mortgage
IIIDIIIIIIJiIIIIHI IIIIIIIIalllllll DII11! IIIIHIfIlIIIIfIIMIIIIl II
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22 INTERPRETATION Whenever used the singular includes the plural and the "plural includeethe singular. The
,section headings are for convenience only and are not to be used to interpret or define the terms of this Security
InStrUment
23 NOTICE, ADDITIONAL DOCUMENTS AND RECORDING FEES. Unless otherwise required by law; any notice
will be given by delivering it or mailing it by first class mail to the appropriate party's, addressliated in the DATE
AND PARTIES section, or to any other address designated in writing i Notice 10 one Mortgagor will be deemed to
be nctiCe.10"-ell Mbrtgagers.. Mortgagor will inform Lender in Writing of any Change in Mortgagors name, address
or other application information. Mortgagor will provide Lender any otner correct and complete information
Lender requests to effectively mortgage or convey the Property. s Mortgagor agrees to pay all eXpenSeS, charges
and taxes in connection with the preparation and recording of this Security instrurrient:':Mortgegoragreee to sign,
deliver, and file any additional documents or Certifications that Lender may .consider necessary to perfect,
.COntInde;.and preserveMortgagor's obligations under this Security instrument and to confirm Lender's lien status
on any Property, and Mortgagor agrees to pay all expenses, charges and taxes in connection with the preparation
and recording therecit Time is of the essence.
.SIGNATURES. By signing, Mortgager agrees to the terms. and ccivenants contained in This Security Instrument
:Mortgagor else acknowledges receipt of a copy of this Security Ifistruinent:
-"MORTGAGOR:
feathered Hocik Of Jackson Hole, LLC
By Th:
Date
Daniel" A. Schwab, or/Manager
LENDER:
The-Bank Of Star Valley
B
Set Jenkins, Vice Pre
qacksgn..Holo,'Ll,C
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ACKNOWLEDGMENT.
This instrument was acknowledge before m thi 14 day of
Daniel A. Schwab as Member/Manager-Of Feathered Hook 01 Jackson Hole, LL'
My commission expires: 10/ 1 1
C.1 7b- OF _11.01 CJ J� .AY OF itnetert.-
D. FENTON NOTARY PUBLIC
COUNTY OF STATE OF
LINCOLN WYOMING
MY COMMISSION EXPIRES OCTOBER 21, 2015
(Lender Acknowledgment)
OF
(Notary Public)
OF It h
ss.
4 rt- day of
This instrument was ackhwledged .efore m this
Seth Jenkins as Vice President of The Bank 01i Star= Valley.
My commission expires: d -?•4) is 1 ii
(Notary Public)
NOTARY PUBLIC
STATE OF
WYOMING
MINDY LYMAN
COUNTY OF
LINCOLN
MY COMMISSION DIPIRKS PE{IRiultrr 1 2tl15
Feathered Hook Of Jackson Holo, LLC
Wyoming Mortgage
ss,
by
vuvwluwUUUUUUUUU6 /4U50062314N Wolters Klluwer FinanciaLServices °3 1996, 2014 Banker
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Page 8
1,67999
PARCEL
PART OF LOT 3 OF BLOCK 29 OF THE TOWNSITE, OF AFTON, LINCOLN COUNTY, WyomiNG:i3EING
MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT THE SOUTHWEST CORNER OF SAM LOT :5 AND .,RUNNING THENCBSWRM 11 Robs;:
THENCE EAST 10 RODS; THENCE SOUTH 11 RODS; 'THENCE WEST 10 RODS TO THE PLACE OF
EGINNING.
LESS AND EXCEPTING THAT PART THEREOF CONVEYED BY QUIT CLAIM DEED DATED SEPTEMBER 18,
19156: TO 'ME TOWN OF AFTON FOR ALLEY USE DESCRIBED AS FOLLOWS:
BEGINNING AT A POINT 10 RODS EAST EROM THE:SOUTHWEST:CORNER OF SAID AND
RUNNING THENCE NORTH 11 RODS; THENCE WEST 16 1/2 FEET; THENCE SOUTH 11 RODS; THENCE
EAST 161/2 FEET TO THE POINT OF BEGINNING:
PARCEL 2
PART:0E10T 3 OF BLOCK 29 TO THE TOWNSITE OF AFTON, LINCOLN COUNTY, WYOMING BEING
.rjMORE PARTICULARLY DESCRIBED D. AS'FOLLOWS:'s s
BEGINNING POINT WHICH IS ON THE SOUTHEAST OORNEX bt:sAm LOT AND RUNNING
THENCE NORTH, 16 RODS;
THENCEVEST, 20 FEET;
THENCE'SOGTEI; 5 RODS;
THENCE WEST, 8•R:00, 13 FEET;
THENCE. SOUTH ROD;
THENCE EAST, 4 RODS;
:THENCE SOtrTf-T. 10 RODS;
THENCEEAST, 6 RODS TO THE ?LACE OF EEG1N:141NG.
PARCEL 3
PART OF LOT 3 OF I3LOCK 29 TO THE TOWNSITE OF AFTON, LINCOLN COUNTY, WYOMING BEING
MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT A POINT WHICHIS 5 RODS SOUTH OF THE NORTHEAST CORNER. OF SAID LOT 3;
ANDIRuNNIN0 THENCE SOUTH, 4 RODS;
THENCE EAST, .10 RODS;
THENCE NORTH, 4 RODS;
THENCE WEST, 10 RODS;
THENCE SOUTH, 4 RODS TO THE POINT OF BEGINNING.
a$$'ANp EXCEP•TRAT.LAND CONVEYED INNAWIITY:p.M1) APRIL .1,:19911N.BOOK
395Pt ON PAGE $13.0P RECORDS OFLINCOLNI COUNTY:CLERK.
•PARCEL •4
"EXHIBIT A"
PART OF LOT 3 OF BLOCK 29 TOTEM TOWNSITE OF AFTON, LINCOLN COUNTY, 'WYOMING BEING
MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT •A PONT 10 RODS EAST OF THE SOUTHWEST CORNER, OF SAID BLOCK 29.; AND
RUNNING THENCE EAST, 4 ROOS;
THENCE NORTH, 10 ROD S;
THENCE WEST, 4 RODS;
THENCE SOUTH, 10 RODS TO THE PONT. OF BEGINNING