HomeMy WebLinkAbout978649After Recording Return To:
Wells Fargo Bank, N.A.
Attn: Document Mgt.
P.O. Box 31557
MAC B6955 -013
Billings, MT 59107 -9900
Reference Number: 20142329900006
978649 10/2/2014 10:06 AM
LINCOLN COUNTY FEES: $24.00 PAGE 1OF 5
BOOK: 840 PAGE: 687 MORTGAGE
JEANNE WAGNER LINCOLN COUNTY CLERK
1111 111111 111111 1111111111111
[Space Above This Line For Recording Data]
Account Number: XXX- XXX- XXX8451 -1998
SHORT FORM LINE OF CREDIT MORTGAGE
DEFINITIONS
Words used in multiple sections of this document are defined below. The Master Form Mortgage includes other
defined words and rules regarding the usage of words used in this document.
(A) "Security Instrument" means this document, which is dated September 18, 2014, together with all Riders
to this document.
(B) "Borrower" is STEVEN R. AFFLECK AND KARIN E. AFFLECK, HUSBAND AND WIFE, AS
TENANTS BY THE ENTIRETY. Borrower is the mortgagor under this Security Instrument.
(C) "Lender" is Wells Fargo Bank, N.A.. Lender is a National Bank organized and existing under the laws of
the United States of America. Lender's address is 101 North Phillips Avenue, Sioux Falls, SD 57104. Lender is
the mortgagee under this Security Instrument.
(D) "Debt Instrument" means the loan agreement or other credit instrument signed by Borrower and dated
September 18, 2014. The Debt Instrument states that Borrower owes Lender, or may owe Lender, an amount that
may vary from time to time up to a maximum principal sum outstanding at any one time of, TWO HUNDRED
TWENTY FIVE THOUSAND AND 00 /100THS Dollars (U.S. $225,000.00) plus interest. Borrower has
promised to pay this debt in Periodic Payments and to pay the debt in full not later than seven (7) calendar days
after October 18, 2044.
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TRANSFER OF RIGHTS IN THE PROPERTY
County
[Street]
(E) "Property" means the property that is described below under the heading "Transfer of Rights in the
Property."
(F) "Loan" means all amounts owed now or hereafter under the Debt Instrument, including without limitation
principal, interest, any prepayment charges, late charges and other fees and charges due under the Debt
Instrument, and also all sums due under this Security Instrument, plus interest.
(G) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders
are to be executed by Borrower [mark as applicable]:
N/A Leasehold Rider
N/A Third Party Rider
N/A Other(s) [specify] N/A
(H) "Master Form Mortgage" means the Master Form Line of Credit .Mortgage dated August 14, 2007, and
recorded on August 30, 2007, as Instrument No. 932651, Book 670 at Page 599 609 of the Official Reco•'rds in
the Office of the Recorder of Lincoln County/City, State of Wyoming.
This Security Instrument secures to Lender: (i) the repayment of the Loan, and all future advances, renewals,
extensions and modifications of the Debt Instrument, including any future advances made at a time when no
indebtedness is currently secured by this Security Instrument; and (ii) the performance of Borrower's covenants
and agreements under this Security Instrument and the Debt Instrument. For this purpose, Borrower does hereby
mortgage, grant and convey to Lender and Lender's successors and assigns, with power of sale, the following
described property located in the
of Lincoln
[Type of Recording Jurisdiction] [Name of Recording Jurisdiction]
THE FOLLOWING DESCRIBED REAL ESTATE, SITUATE IN LINCOLN COUNTY AND STATE
WYOMING: LOT ONE HUNDRED TWENTY -THREE (123) IN STAR VALLEY RANCH PLAT SIX (6) AS
PLATTED AND RECORDED IN THE OFFICIAL RECORDS OF LINCOLN COUNTY, WYOMING.
which currently has the address of
400 VISTA EAST DRIVE
STAR VALLEY RANCH Wyoming 83127 "Property Address
[City] [Zip Code]
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TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the
"Property." The Property shall also include any additional property described in Section 20 of the Master Form
Mortgage.
BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has
the right to mortgage, grant and convey the Property and that the Property is unencumbered, except for
encumbrances of record as of the execution date of this Security Instrument. Borrower warrants and will defend
generally the title to the Property against all claims and demands, subject to any encumbrances of record.
MASTER FORM MORTGAGE
By the execution and delivery of this Security Instrument, Borrower agrees that all of the provisions of
the Master Form Mortgage are hereby incorporated in their entirety into this Security Instrument. Borrower
agrees to be bound by and to perform all of the covenants and agreements in the Master Form Mortgage. A copy
of the Master Form Mortgage has been provided to Borrower.
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Cc/) E. arnerfe_../
KARIN E AFFLECK
BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this
Security Instrument and in any Rider executed by Borrower and recorded with it. Borrower also acknowledges
receipt of a copy his document and a copy of the Master Form Mortgage.
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Borrower
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Borrower
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For An Individual Acting In His /Her Own Right:
State of (JrA -1
County of Salt c d-ti r
This instrument was acknowledged before me on,p�UY1 WI (date) by
STEVEN R AFFLECK
KARIN E AFFLECK
(name(s) of persons)
(Seal, if any)
NOTARY PUBLIC
JASMINE ROSE DELOSH
676017
COMMISSION EXPIRES
MAY 30, 2018
STATE OF UTAH
Loan Originator's Name: Monica Alvarez
NMLSR ID: 1219092
WYOMING -SHORT FORM OPEN -END SECURITY INSTRUMENT
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