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WARRANTY DEED IN LIEU OF FORECLOSURE
KNOW ALL MEN BY THESE PRESENTS, t t this WARRANTY DEED IN LIEU
OF FORECLOSURE is made as of this 2 day of 2014, by and between
Karen L. Lundgren, "Grantor whose present mailing ad ess 2655 Woodchuck Way Sandy
UT 84093, and the U.S. Bank Trust, N.A., as Trustee for LSF8 Master Participation Trust (the
"Grantee whose mailing address is 13801 Wireless Way, Oklahoma City, OK 73134.
WITNESSETH:
GRANTORS, for and in consideration of the sum of $10.00 and other good and
valuable consideration, to Grantors in hand paid by Grantee, the receipt and sufficiency of which
are hereby acknowledged and confessed, and further in consideration of (a) the waiver by
Grantee of its rights under the mortgage described below, including the right to foreclose said
mortgage, and (b) the agreement of Grantee to reduce, and thereby release Grantors from any
further liability for payment of the indebtedness outstanding and unpaid by Grantors pursuant to
that certain Promissory Note dated as of August 21, 2006, in the original principal amount of
$118,000.00, executed and delivered by Grantors to Grantee, by these presents, do hereby
GRANT, BARGAIN, CONVEY, and WARRANT unto Grantee all of their right, title, equity
(including their equitable and statutory rights of redemption), and interest in and to the following
described real property located in Lincoln County, State of Wyoming, more particularly described
as:
LOT 11 BLOCK 33 OF THE FIRST ADDITION TO THE TOWN
OF KEMMERER, LINCOLN COUNTY, WYOMING AS
DESCRIBED ON THE OFFICIAL PLAT THEREOF
with an address of 403 and 405 Pearl Street, Kemmerer, WY 83101
hereto and by this reference made a part hereof, together with all buildings and improvements
situate on said real property and all fixtures and appurtenances thereto (collectively, the
"Property hereby releasing and waiving all rights under and by virtue of the homestead
exemption laws of the State of Wyoming.
TO HAVE AND TO HOLD the Property, together with all and singular, any and all
other rights and appurtenances thereto in anywise belonging unto Grantee, its successors and
assigns FOREVER; and Grantors do hereby bind themselves and their successors and assigns
to WARRANT and FOREVER DEFEND all and singular the Property unto Grantee, its
successors and assigns, against every person whomsoever lawfully claiming or purporting to
claim the same or any part thereof.
BUT IT IS HEREBY EXPRESSLY ACKNOWLEDGED AND AGREED THAT:
A. This Warranty Deed in Lieu of Foreclosure, and the conveyance being
made hereunder, is being executed, delivered, and accepted in lieu of foreclosure of the Lien (as
hereinafter described and defined), and as an absolute conveyance to Grantee of all right, title,
equity, and interest of Grantors in the Property, including specifically, but without limitation, any
equity of redemption and the statutory right of redemption of Grantors therein or thereto. Grantee
has forgiven and fully released Grantors from any and all debt, obligation, cost and charges
existing under and by virtue of the promissory note dated August 21, 2006;
B. The lien ('Lien) for which this Deed is given in lieu of foreclosure was
created by that certain Mortgage dated as of August 21, 2006, executed and granted by Calvin Q.
Lundgren and Karen L. Lundgren, as grantors, to Mortgage Electronic Registration Systems, Inc.,
as nominee for Accredited Home Lenders, Inc., its successors and assigns, as mortgagee, and
recorded in the records of the office of the County Clerk and ex- officio Register of Deeds in and
for Lincoln County, State of Wyoming, on August 24, 2006, at Reception No. 921668 in Book 631
at Page 401.
C. Said mortgage was assigned to HSBC Mortgage Services Inc, its successors
and assigns by that certain Corporate Assignment of Real Estate Mortgage dated May 28, 2013
and recorded in the records of the County Clerk and ex- officio Register of Deeds in and for
Lincoln County, State of Wyoming, on May 30,2013, at Reception 971228 in Book 831 at Page
626.
D. Said mortgage was assigned to LSF8 Master Participation Trust, its
successors and assigns by that certain Corporate Assignment of Real Estate Mortgage dated
March 3, 2014 and recorded in the records of the County Clerk and ex- officio Register of Deeds
in and for Lincoln County, State of Wyoming, on March 25, 2014, at Reception 975695 in Book
829 at Page 454.
978039 8/18/2014 4:05 PM
DILPkg LINCOLN COUNTY FEES: $15.00 PAGE 1 OF 2 DIL Package
BOOK: 838 PAGE: 91 DEED IN LIEU OF FORECLOSURE Lundgren 14 -01285
JEANNE WAGNER, LINCOLN COUNTY CLERK Page 4 of 5
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E. Said mortgage was assigned to U.S Bank Trust, N.A. as Trustee for LSF8
Master Participation Trust, its successors and assigns by that certain Corporate Assignment of
Real Estate Mortgage dated April 16, 2014 and recorded in the records of the County Clerk and
ex- officio Register of Deeds in and for Lincoln County, State of Wyoming, on May 2, 2014, at
Reception 976455 in Book 831 at Page 419.
D. Grantor Calvin Q. Lundgren, Decedent, died testate at 5:30 p.m. December 7,
2010. Affidavit of Survivorship recorded in the records of the County Clerk in Lincoln County,
State of Wyoming, on December 22, 2010 in Book 759 Page 153.
E. Grantors agree that if Grantee accepts title to the Property under this
Warranty Deed in Lieu of Foreclosure, such acceptance will not create any liability on the part of
Grantee to third parties who may have claims of any kind against Grantors in connection with the
Property. Grantee will not under this Warranty Deed in Lieu of Foreclosure assume or agree to
discharge any liabilities with respect to the Property that shall accrue or occur prior to the date on
which this Warranty Deed in Lieu of Foreclosure is recorded in the records of the office of the
County Clerk and ex- officio Register of Deeds in and for Lincoln County, State of Wyoming (the
date on which such recording is made is hereinafter called the "Recording Date Grantors
agree to indemnify and hold harmless Grantee from and against any loss, cost, damage, or
expense (including attorneys' fees and court costs) resulting from claims arising out of the
Property and arising from events that occurred prior to the Recording Date with respect to the
Property. This Warranty Deed in Lieu of Foreclosure does not confer any third -party benefits on
persons who are not signatory to this instrument other than Grantee.
F. The acceptance of this Warranty Deed in Lieu of Foreclosure by Grantee
is expressly conditioned upon and is subject to the representation and warranty of Grantors that
title to the Property is good and indefeasible title, free and clear of all liens and encumbrances of
any nature whatsoever, except for: (1) Any covenants, reservations, restrictions, conditions,
exceptions, and easements of record in the chain of title as of the Recording Date; (2) Any liens
of record in the chain of title (as of the Recording Date) which have priority over the Lien; (3) The
Lien; and (4) Encumbrances permitted by the Lien. If title to the Property is not good and
indefeasible as represented in this Paragraph E., then, at the option of Grantee, Grantee may, in
addition to any other remedy available to it under this Warranty Deed in Lieu of Foreclosure, at
law, or in equity, reinstate and revive the satisfaction and release of the Indebtedness, in which
event, the satisfaction and release of the Indebtedness and any qualifications upon the Lien shall
be null and void and ineffective for all purposes.
IN WITNESS WHEREOF, this Warranty Deed in Lieu of Foreclosure has been
executed on behalf of Grantors and Grantee on the date of the taking of their acknowledgments,
but the effective date of this Warranty Deed in Lieu of Foreclosure for all purposes shall be
deemed to be the Recording Date.
GRANTORS:
Karen L. Lundgren
i i
By: J //'j
Kar- Lun.. en
ACKNOWLEDGMENT
U
STATE OF
5 n p
LelLi COUNTY OF SS.
ll �i The foregoing instrument was acknowledged before me by Karen L. Lundgren
this �,"l day of (J Lit ,kt e 2014.
Witness my hand and official seal.
l ow,
Tifanie Ann Forsberg
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DILPkg DIL Package
Lundgren 14 -01285
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