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Home My WebLink About978606RECORDATION REQUESTED BY: 1st Bank, Division of Glacier Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 WHEN RECORDED MAIL TO: 1st Bank, Division of Glacier Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 SEND TAX NOTICES TO: 1st. Bank, Division of Glacier Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 978606 9/29/2014 5:02 PM LINCOLN COUNTY FEES: $27.00 PAGE 1 OF 6 BOOK: 840 PAGE: 469 MORTGAGE JEANNE WAGNER, LINCOLN COUNTY CLERK 1111111111111111111111111111111111 1 ii III! II{ I I II III I iii iii III II SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MORTGAGE THIS MORTGAGE dated September 23, 2014, is made and executed between PROFILE PROPERTIES, LLC, A WYOMING LIMITED LIABILITY COMPANY (referred to below as "Grantor and 1st Bank, Division of Glacier Bank, whose address is 79 Highway 89, P.O. Box 3110, Alpine, WY 83128 (referred to below as "Lender GRANT OF MORTGAGE. For valuable consideration. Grantor mortgages and conveys to Lender all of Grantor's right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights, watercourses and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and "p rofits relating to the real property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in LINCOLN County; State of Wyoming: LOTS 80 AND 81 OF ALPINE VILLAGE SUBDIVISION NO 1 PLAT 2, AMENDED FIFTH FILING, ACCORDING TO THAT PLAT FILED OCTOBER 3, 2002 IN THE OFFICE OF THE LINCOLN COUNTY CLERK AS PLAT NO 189 -B The Real Property or its address is commonly known as 646 OLD ALPINE ROAD, ALPINE, WY 83128. CROSS- COLLATERALIZATION: In addition to the Note, this Mortgage secures all obligations, debts and liabilities, plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise unenforceable. Grantor presently assigns to Lender all of Grantor's right, title, and interest in and to all present and future leases of the Property and all Rents from the Property. In addition,_ Grantor grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. THIS MORTGAGE, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS MORTGAGE. THIS MORTGAGE IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: PAYMENT AND PERFORMANCE. Except as otherwise provided in this Mortgage, Grantor shall pay to Lender all amounts secured by this Mortgage as they become due and shall strictly: perform all of Grantor's obligations under this Mortgage. POSSESSION AND MAINTENANCE OF THE PROPERTY, Grantor agrees that Grantor's possession and use of the Property shall be governed by the following provisions: Possession and Use. Until the occurrence of an Event of Default, Grantor may (1) remain in possession and control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property, Duty to Maintain. Grantor shall maintain the Property in tenantable condition and promptly perform all repairs, replacements, and maintenance necessary to preserve its value. Compliance With Environmental Laws. Grantor represents and warrants to Lender that: (1) During the period of Grantor's ownership of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance by any person on, under, about or from the Property; (2) Grantor has no knowledge of, or reason to believe that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, (b) any use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance on, under, about or from the Property by any prior owners or occupants of the Property, or id any actual or threatened litigation or claims of any kind by any person relating to such matters; and (3) Except as previously disclosed to and acknowledged by Lender in writing, (a) 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 Substance on, under, about or from the Property; and (b) any such activity shall be conducted in compliance with all applicable federal, state, and local laws, regulations and ordinances, including without limitation all Environmental Laws. 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 Substances. Grantor hereby (1) 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 (2) agrees to indemnify, defend, 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 occurring prior to Grantor's ownership or interest in the Property, whether or not the same was or should have been known to Grantor. The provisions of this section of the Mortgage, including the obligation to indemnify and defend, 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, Wasto. 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), coal, clay, scoria, soil, gravel or rock products without Lender's prior written consent. Removal of Improvements. Grantor shall not demolish or remove any Improvements from the Real Property without Lender's prior written consent. 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 Lender's agents and representatives may enter upon the Real Property at all reasonable times to attend to. Lender's interests and to inspect the Real 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 I. (oirithlued): fP0)a. Qt.gttt:*00e0 Ob .T.AXEP:A1.11):43Pla 04;i0A MON40 ..r0TY-tqr Wi0:694::.PoYmAnt Pf pay, the 000 01fPfP019. 490jfIg the ffraq.q:P6. g.:4bOti..sap .f.ab•Tory-.0vitioac.3e:.:ti :asses sme.otp t Ike...P?OpktV.: #9 4W DAMAG Cant th& WO r+ nastw 0000. overa *0.j.1.0Mr... 4090 to Len any ...61W6?-6 heard W:004::' :b1.... 0 ;.'3:srarstpt.. notfy LedPF f any .9 -r)r k Owi)p.r i:060#.04 42f *1,0: TOr.. 6 he ips34ror.50.: .0000 toor t4r1t€66: 046a .e0.600*:io4i.i',•0 b&ow or t dshare or py hn du ny emoint Grantor I s any io3bii::::ifAcf.t610tii::?00iii and otr oortA,,. al costs OPPPOY (eticA:eo :b4: 4}0* .:170q1q40:Y0. and hi M t to Lenr 'OP% PicqprYy O*0:: .E666;:k60 0 AGE leatitiriciied) Poge 3 sz....- oonoerr.iiqg 04400. dr are part th Mtaj 9:; Rr.P.V.0.0*;61Y•1104 by 0 N.6.6; 0:0 gL Mr th but end te 06*41 cndmnatn LetJer et ts eto rera t a U o a 0.: PPiiiork<. the ndebtefre or the repot ..01. The Fee as Chaja U pe r.quest by go464 Otariter.: 11611:: 6 ensti t ses w b o h th eton e tfiY psrt :00.* :10$§t60.i6g“sc.YNci...i.5 4.. ...0ii; w.}004go;: he}der of the Note and 0.47 .con.o.s.ts :tax 05.:00 Ifie••IPrk Pre.?4 WiNtii*4•600 This a6d. ftdd6%; .>4130W:.fil.0.1*.i'io:; oi 11. 00':fit 1 0:;POIO90}: Pr9Pgr... in 1.4.01t.'44.::g?..:.resc0:01900:":::Mbil*.*;:li-i::th6.:,1661:::Ori4ily:iii-4 Lender may t esy 0400.t;• 00 anicadf.td tt en i.".:.:60ctif6yJ:fp6r.hii•:.f.rpm:::ui.iiIjOi."j6;r0c.1116.P 6i.r..$1410:•:thais*.;:urity'......m.?,.e re.st: (666 4a::.'i' FUTR A:8RlkNCs ATTORNEY FACT Th fJ1Qwrn Pr9Y10.0.qs.:*!0.r. :Mitirtg6g.e.;." Oantor w1t 6-04 00:000; 660 Q tut :f.00000.0 #04.0rVg.: Pil6rA.O.r* 0 by Grnto Uness by 4 4 4 py.p..T.jtcsi?.s. tlisq FVL gFif.04fAMO., 4f,'Ark0.5••,40i pay f permitte by VENTS x5F:6$5.40Cr. t p 4.91 .0 1 1) 4 40 t. ri t n r t •66n T.iiiid Nii'00.:, .:01001. etr.OtOr;s:001`00:t:•a0:..01140; 6 cot :.op. i lily oiNzr i‘ i6Qi.f 4e ii***.•:010q*V... 9''f Gran*s P.T.Ppor* 14616 11ii AR:warrgstIri reProsor.44ikri: 6:i.'::.:irtkeim.iit.;:iiia4;* tO':!4t..1 0::::*.i.....P001i.l.r.`0.:::1:4:0*.0;.',Wkitv.•164: .N1 2 0 #004:0 :4*. 5 1 *too, p; 49itof!i*g.:• j.0:106::br..0-11fistadfog in.:.any ViCtii.bi:iiikt6.:::bt:liks*to% ::0:::00:r00'.6:. ..Iii .p000tt*:•t.0000140.400;: .:Tt.4,..M9rt9g91 Ft.6r6i6d...D660-06-t0 a .Pdf 0 dd60.I6..::15.00'W.'foe4Aal.::0:f1.0.0t..0.ri'glOtliN..:.b.4110-.::0-:•:•0!T .:•:1).41:041 :•iikg0j.6.0.- 10 ......0:0-4-1:: 04 t r1.v.- at any i pp.. 00::o rltO 41■rept;y:. The 4591i:Itian.: Wilitoe.5 Veg4ta fi411060 il..166n 66.0006..16.::m vtyrplw odo, gpip with.Orklys 45.:?.spi:.the: Ut;16:44 HT,O.Aqg itoritintlea 00)404 Graa :•14ediVei :Cfeateit'oe•Rldattitr#-Tt.tle.k of :Gt 4p4otitii.. Extrng 4t.les.4; tbio r i Ewn Afte4iii.* :A0** *;:'.0i§1110:: ctngE ocur n Gik cqdnori 3*.g Ldr the f.1.4.00qtY Aceer 1a :du UM. 4040.4)0.41 t1 agars 1- nebtedne fr turthern3 ths ght Lndr may requr ry enar o 6.010k i*or.: 0.6 Reis tn the The iecNr wb Judia F 00 G rntcr 9 004KY: q h Yilittiicy- -of Sff*rane if i.3 pij..k..egfarl- Aite--*oporiv .:4scPr.s10- oi he opry ipon ief.4 rncr nntr shall bco a trnnt t"Ii..tieftlf701).e f*;a 4. 0 oemo Ln&r hil1 heve aths tilii..q?;9Tiii0iN.!;1:1::.00 1*, and Leiidet :0E111 oei•otiV Prtv ONO) at :Or.0.: Am:01.4.0 fxi)e titsti:•0*0.1•00:::**4'.$1.4%.-6f:::0*tty Ohot :Ofter:OrOigi4:* .09:004::04 *0::000:000-..W40?'.6*4**h000::::00PsYkles.):::14.::-t-9.4m'A. or :.09,111A rOitief Atornets f:gog:; Epees ft i.d.d6.0e:0: .N40. 0.1'00 04.00A40...W#:.i*.*§),.:: vero b1 tht OtAgr. M.6401e*, vac rciPic)M.-0.01:40*r: X9119F,S; re*t.gei4 Oricii*tirf!.::fgeM #10::::frOkfkirOly ten Ih h prtan avor thi og shi b nt to Lender s ad aroaa r.toor the bg.g.00100 riOtwps under th.s Mortee by gwng on1 wfltten no o the other pates tii4t tha 400.0*** Tha Morrgge to nhr wah an Reiti Doi ept oru the ntire undortardn rd uement 401Mi; 11`.14:?1'00.artY MQ WrGAE ICOntinUed) r4q40#;I: ncme sh& mern 11 «h rm t Pcpwt P ap *000 1. tft. 0 0..er.. N o ith1(::Pr the paft o brr nr:00!*** ag. wrnvr nn or y th 1 16 1 .1t :dra tr h1 contiut wvr ny t en4r!'.: cOrt$0 i11 of .:Lofda fgr..I$Okii60'464 ihitatV. Orgt4115P(65:. €tle0.$1bW 6iKeiiiii0:..tictkii: u 0.10fOit4,ti.41.6/.. :StitAat.to an (litatbtiesti Mortgage. on Atan$for of,Grantot.. Msgl.qizge.:$hati.ba.:bintitng 0 ,.1. 0 0 06 •VV.4i00: o ill*440011:':Xek*I04 lifukkorling dOir6.r. Botrwr Tb ditkt. Ilia. 'idea '0"Piiir:Pfl.tri6ts01'.16wirArtean :(7,9m rt f 1980 as inded 4 U S C Sectn S091,::**41.7:1',:goot;.4% th 1.._.0410o.6 00. .4' fP.04 4010 ::E*1$.1.1:*:.:1600.40000$., 'T.11g words 'ffai o ...t from antcr to iedr rmton a garwtt t o prt 0:f3110: kioAoftk pre ikefl. m.p.50tagp.a rd tranpxred o otherw hde 1U wore3t90'' a tas or a nil 'tt:60100:10 Itriktooz j'ilff..wpe0. 4n. ytt.i rrlp reM4.1t-A.Y7 "ct i r M'' I omes 10000ggiOm:: tiiii wAii'"if:•; eXteliiions of altyclifToW:ion OieWed::0iiiiii..0* by 1 i:66dot6.i.osigovogo: :cf":1.170: T i m w o r d 1 0 6 4 0 r rans 1 Bn olvtilop..a. 01 ac r ok i and.. 4a00.1k. Nte The Ne .mettos th >rQmsry nt d $pmler 2, �4 :0'..16i,141 pinpa :PifTictqnt: ct o roperty noW::..94! rg040r. Npfage v.) 0its..:(it.- and ekt.';117i4!:0t.0.01444.. Property The *6r.rls gfit pst:to:raetter::fokistfi)gi: Thris t.4Y.P3110,:::::PrOtgi:.Pild'..0tMtgilgfifs."41337:hma*qtr$ LibtactiAkk:161003279 GBANT.011:4WKWOMEPG.ESMAVING: .REAP.ALVT.M.PROVISIONS'OF THIS MORTGAGE ..ANU:GRANIVITAGREES...TOIT$: :3EFAIS :08#144: --.7.:71 PROFILETROPERTIES: .:SUte:W:: UAW:6Q TNA:::Mt.ringig:WO§i..:010 :i o PROF PROPT LL Ntry U PO, ;04 0100do ,rift*ty 2O 144:89P:: 2 1 ST1 O' :000:tgi **4P17 ok Pofi1e gTPP:T:40:7 LLC LIIIUTED LABLUTV 01 0:R T.: GA g g: pliti0001) p1.1).i.oepl.:•: :fl. PROPTS •Ixt Coto py .,tf009 MY conatission laigTag)::.L,1 X OY ACKNOWLEattlfat IP.001114WOrt ires 1 .PRONE.. y