HomeMy WebLinkAbout978775i 2
11
RETURN TO: /7 73 Lp
Mortgage CcfrSn ct, LP.
260 Airside Drive
Moon Township, PA
(866) 789 -1814
3 9 9 1
15108
11
978775 10/10/2014 4:07 PM
LINCOLN COUNTY FEES: $51.00 PAGE 1 OF 14
BOOK: 841 PAGE: 192 MORTGAGE
JEANNE WAGNER, LINCOLN COUNTY CLERK
1 1
11
[I
III
11111
III
Ii [III
WYOMIN•- Single I- amily- .Fannie Mae /Freddie Mac UN!FORMVI INSTRUMENT ([VIERS)
MERS Mortgage -WY
2006A -WY (08113)(d!i) Page 1 of 9
III
111
1II III III
111
[Space Above'rhis Line For Recording Data]
MORTGAGE
*168810011
[Doc I D 4)
MIN 1000157- 00090067'/:; -3
DEFINITIONS
Words used in multiple sections of this document are defined below and other words are defined in. Sections 3, 11, 13, 18,
20 and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16.
(A) "Security Instrument' means this document, tvhich is elated OC1OBER 06, 2014 together witl all
Riders to this document.
(B) "Borrower" is
JEAN A YOUNKIN,OR HER SUCCES ORS IN INTEREST, OF THE JEAN A YOUNKIN
REVOCABLE TRUST DATED DECEMBER 6, :3)13
Borrower is the mortgagor under this Security Instrument..
(C) "MFRS" is Mortgage Electronic Registration Systems, Inc. nv RS is a separate corporation that is acting solely
as a nominee for :Lender and I.errder's successors and assiwis. ME.RS is the mortgagee under this Security
Instrument. MFRS is organized and existing under the laws of' Delaware, and has an address and telephone number
of P.O. Box 2026, Flint, MI 48501 2026, tel. (888) 679 MERS.
(D) "Lender" is
BANK OF AMERICA, VT. A.
Lender is a NATIONAL ASSOCIA'T'ION
organized and existing under the laws of THE UNITED STAT
Lender's address is
101 Ooul_h Tryon Lroot:, Char Lotto, 00 26255
(E) "Note" means the promissory note signed by Borrower and dated 0CTOE:ER 06 2011 '.fhe Note states
that. Borrower owes [,ender
ONE HUNDRED THREE THOUSAND FIVE HUNDRED and 00/3.00
Dollars (U.S. 1.0 500 00 plus interest. Hoirower has promised to pay this debt in regular Periodic
Payments and to pay the debt in full not later than NovoomxR 01, 2 04 4
(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
(G) "Loan" means tile debt evidenced by the Note, phis interest, any prepayment charges and late charges due under the
Note, and all sums due under this Security Instrument, plus interest.
(If) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are
to be executed by Borrower [check box as applicable]:
F1 A djustable Rate Rider n C ondominium Rider n Second Home Rider
n Balloon Rider n P lanned Unit Development Rider n 1 Family Rider
V A Rider Biweekly Payment. Rider 71 Olher(s) [specify]
2 5 0
8
1
Trust Rider
6 8 8 0 0 0 0
Form 3061 1/01
ELJJJ
ll )C ID 11! 000250071
"Applicable :Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
administrative rules and orders (that have the effect of law) as well as all applicable final, non appealable judicial
opinions.
(3) "Cosnmunity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that
are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.
(K) ".Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft,
or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer,
or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term
includes, but is not limited to, point -of -sale transfers, automated teller machine transactions_ transfers initiated
by telephone, wire transfers, and automated clearinghouse transfers.
(L) "Escrow Items" means those items that are described in Section 3.
(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third
party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction
of, the Properly; (n) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu
of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of or default on, the Loan.
(0) "Periodic Payment" means t:he regularly scheduled amount due for (i) principal and interest under the Note.
plus (0) any amounts under Section 3 of this Security Instrument.
(P) "RESP /1" means the Real Fstat.e Settlement Procedures .act (12 U.S.C. Section 2601 et seq.) and its implementing
regulation, Regulation X (12 C.F.R. Part 1024), as they Wright be amended from time to time, or any additional or
successor legislation or regulation that governs the same subject: matter. As used in this Security Instrument; "RESPA"
refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the
Loam does not qualify as a "federally related mortgage loan" under RFSPA.
(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party
has assumed Borrower's obligations under thc Note and/or this Security Instrument.
TRANSFER OF RIGHTS TN THE PROPERTY
This Sec :urity Instnument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications
of the Note; and (0) the performance of Borrower's covenants and agreements under this Security Instrument and the
Note. For this purpose, Borrower does hereby rnortgage, grant and convey to MFRS (solely as nominee for Lender and
Lender's successors and assigns) and to the successors and assigns of NIERS, with power of sale, the following described
property located in the
COUNTY of LINCOLN
[Type of Recording Jurisdiction] [Name of Recording Jurisdiction]
SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF.
Parcel 11) Number: oOR0(19(15
Wyoming 83110
[Zip Code]
which currently has tyre address of
960 HARMONY CREEK LANE AFTO T
[StreetiCity]
"Property Address
TOGETHER WITH all the itnprovernent.s now or hereafter erected on the property, and all easements,
appurtenances, and fixtures now or hereafter a part of thc 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 "Properly." Borrower
understands and agrees that NIERS holds only legal title to the interests granted by Borrower in this Security Instrument,
but, if necessary to comply with law or custom. IvIERS (as nominee for Lender and Leader's successors and assigns) has
the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property;
and to take any action required of .Lender including, but. not lirniteci to, releasing and canceling this Security Instrument
BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right
to mortgage, gaunt and convey the Properly and that the Property is unencumbered, except. for encumbrances of record.
Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any
encumbrances of record.
THIS SECURITY :INSTRUMENT combines uniform covenants for national use and non- uniform covenants with
limited variations by jurisdiction to constitute a uniform security instrument covering real property.
L1NIFOR_M COVENANTS. Borrower and Lender covenant and agree as follows:
1. Payment of Principal, Interest, l?scrow Items, Prepayment Charges, and Late Charges. Borrower shall
WYOMING Single f amlly- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT (MERS)
MERS Ivtortgage -WY
2006A -WY (08/13) Page 2 of 9
Form 3051 1/01
IX)C TO k1 00025 08 71F; 8810014
pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late
charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under
Lire Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received
by Lender as payment under the Note or this Security Instrument is rcttunecl to Lender unpaid, Lender may require that
any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the fol.lowirrg
forms, as selected by Lender: (a) cash; (b) money order; (c) certified check:, bank check, treasurer's check or cashier's
check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency,
instrumentality, or entity; or (d) Electronic Funds Transfer.
Payments are deemed received by Lender when received at the location designated in thc Note or at such other
location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any
payment or partial payment if the payment or partial payments arc insufficient to bring the Loan current. Lender may
accept any payment or partial payment insufficient to bring the Loan current:, without waiver of any rights hereunder
or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply
such payments al. Ore Lune such payments are accepted. If each Periodic Payment is applied as of its scheduled due date,
then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes
payment to bring the Loan current.. If Borrower does not do so within a reasonable period of tirrte.:I:,ender shall either
apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding
principal balance wider thc Note immediately prior to foreclosure. No offset or claim which Borrower might have now
or in the future against. Lender shall relieve Borrower from malting payments clue under the Note and this Security
Instrument or performing the covenants and agreements secured by this Security Instrument.
2. Application of Payments or Proceeds. Except. as otherwise described in this Section 2, all payments
accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note;
(b) principal clue under the hole; (c) amounts due under Section 3. Such payments shall be applied to each Periodic
Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to arty
other amounts due under this Security ]nsl.runent, and then to reduce the principal balance of t:he Note.
If Lender receives a payment from BorTOwcr for a delinquent Periodic Payment which includes a sufficient amount
to pay any late charge due, the payment May tic applied to the delinquent payment. arrd the late charge. if TTIore ilran one
Periodic Payment is outstanding, Lender may apply any payment received from 'Borrower to the repayment of the
Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the
payment. is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges
due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note.
Any application or payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall
not extend or postpone thc due date, or change the amount, of the Periodic Payments.
3. Funds for Escrow items_ Borrower shall pay to Lender on the day Periodic Payments are clue under the Note,
until the Note is paid in full, a start (the "Funds to provide for payment of amounts clue for: (a) taxes and assessments
and other items which. can attain priority over Unis Security Instrument as a lien or encumbrance on 1.1te Property;
(b) leasehold payments or ground rents on the .Properly, if any; (c) premiums for any and all insurance required by .Lender
under Section 5; and (d) Mortgage Insurance premiums, if any, or any sums payable by Borrower to Lender in lieu of the
payment of Iv].ortgage Insurance premiums in accordance with the provisions of Section 10. These items are called
"Escrow Items." At origination or at any time during the terra of the Loan, Lender may require that Community
Association Dues, Fees, and Assessments, if any, he escrowed by Borrower, and such dues, fees and assessments shall he
an Escrow Item. Borrower shall promptly furnish to Leader all notices of amounts to be paid under this Section.
Borrower shall pay Lender the Funds for Escrow Items runless Lender waives .Borrower's obligation 10 pay the Funds for
any or all Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Items
at, any tune. Any such waiver may only be in writing. In the evert of such waiver, Borrower shall pay directly, when and
where payable, the amounts due for any Escrow Items for which payment of Funds has been waived by Lender and,
if Lender requires, shall furnish to Lender receipts evidencing such payment within such time period as Lender may
require. Borrower's obligation to Snake such payments art] to provide receipts shall for all purposes be deemed to be a
covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreement" is used
in Section 9. if Bonower is obligated to pay Escrow Items directly, pursuant to a waiver, and Borrower fails to pay 11ie
amount due for an Escrow Item, Lender may exercise its rights under Section 9 and pay such amount and Borrower shall
there he obligated under Section 9 to repay to Lender any such. amount. Lender may revoke the waiver as to any or all
Escrow Items at any time by a notice given in accordance with Section 15 and, upon such revocation, Borrower shall pay
to Lender all Funds, and in such amounts, that are then required under this Section 3.
Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds
al: the time specified under RESPA, and (0) not Io exceed the maximum amount, a lender can require under RESPA.
Lender shall estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures
of future Escrow Items or' otherwise in accordance with Applicable Law.
The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or entity
(including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Monte Loan Bank.
Lender Shall apply the Founds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not
change Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow
It.erns, unless :.ender pays Borrower interest on the Funds and Applicable i,aw permits Lender to make such a charge.
Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Funcls, Lender shall not be
required Lo pay Bo1TO Ver arty inlcrest or eanrirlgs on the Funds. Borrower ;1J1c11:ender can agree 111 writing, however,
that interest shall be paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds
as required by RESPA.
If there is a surplus of Funds held in escrow, as defined under RESPA. Lender shall account to Borrower for the excess
funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA, Lender shall
notify Borrower as required by RESPA, and Borrower shall pay 10 Lender I:be amount. necessary to snake up the shortage
in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of Funcls held in escrow.
WYOMING Single Family- -Fannie Mae /Freddie Mac UNIFORM INSTRUMENT (MERS)
MERS Mortgage -WY
2006A -WY (08/13) Page 3 of 9
Form 3051 1/01
I)C)C II) 41 00 025 087 1 68f31001 4
as defined under RESP A, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount
necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
Upon payment in full of all sums secured by this Security :Instrument, Lender shall promptly refund to Borrower any
Funds held by Lender.
4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the
Property which can attain priority over this Security Insttluuent, leasehold. payments or ground rents on the Property,
if any, and Comer unity Association Dues, Fees, and Assessments, if any. To the extent that these items are 'Escrow Items.
Borrower shall pay them in the manner provided in Section 3.
Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower:
(a) agrees in writing to the payment of the obligation secures} by the lien in a manner acceptable to Lender, but only
so long as Borrower is performing such agreement_ Cb) contests the lien in good faith by or defends against enforcement
of the lien in., legal proceedings which. 1r1 Lender's opinion operate to prevent the enforcement. of the lien while those
proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien
an agreement. satisfactory to Lender subordinating the lien Lo this Security Insl.rumernt. If Lender determines that any part
of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower
a notice identifying the lien. Within 10 clays of the (trite on which that. notice is given, Borrower shall satisfy the lien
or take one or more of the actions set forth above in this Section 4.
Lender may require Borrower to pay a one -time charge for a real estate tax verification an<L'or reporting service used
by Lender in connection with this Loan.
5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property
insured against: loss by fire, hazards included within the terra "extended coverage," and any other hazards including,
but not limited to, earthquakes and. floods, for which Lender requires insurance. This insurance shall be maintained in the
amounts (including deductible levels) and for the periods that. Lender requires. What Lender requires pursuant to the
preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be
chosen by Bonower subject to Lender's right: to disapprove Bono ver's choice, which right. shall not be exercised
unreasonably. Lender may require BoITowcr to pay, in connection with this Loan- either: (a) a one -time charge for flood
zone determination, certification and tracking services; or (b) a one -time charge COI' flood zone determination and
certification services and subsequent charges each time remappings or similar changes occur which reasonably might
affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the
Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from
an objection by Borrower.
If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage,
at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount
of coverage. Therefore, such coverage shall cover Lender, but. might. or might not protect. Borrower, Borrower's equity
in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser
coverage than was previously in effect. Borrower acknowledges that 01e cost of the insurance coverage so obtained might.
significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed. by Lender under
this Section 5 shall become additional debt of Borrower secured by this Security instrurnernt. "These amounts shall bear
interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender
to Borrower requesting payment.
All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right
to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and /or as an
additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires,
Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form
of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall
include a standard mortgage clause and shall name Lender as mortgagee and /or as an additional loss payee.
Iri the event of loss, Borrower shall give prompt notice to the insurance canner and Lender. Lender may make proof
of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance
proceeds, whether or not the underlying insurance was required by Lender, shall he applied to restoration or repair of tire
Property, if WC restoration or repair is economically feasible and Lender's security r5 nor lesseIled. During such repair and
restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity
to inspect such Property to ensure the work has been completed Lo Lender's satisfaction, provided that such inspection
shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a
series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable :Law
requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest
or earnings on such. proceeds. Fees for public adjusters, or other third parties, retained by .Borrower shaft not he paid out
of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically
feasible or Lender's security would be lessened, the insurance proceeds shall be applied to tlhe surus secured by this
Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall
be applied in the order provided for in Section 2.
If :Borrower abandons the Property, Lender may file, negotiate and settle any available insurance claim and related
matters. If Borrower does not respond within 30 days to a notice from Lcndcr that the insurance carrier has offered to
settle a claim, then Lcndcr may negotiate and settle the claim. The 30 -day period will begin when the notice is given.
In either event, or if Lender acquires the Property under Section 22 or otherwise. Borrower hereby assigns to Lender
(a) Borr'ower's rights Lo any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this
Security Instrument, and OD) any other of Borrower's rights (other than the right to any refund of unearned premiums paid
by Borrower) under all insurance policies covering the Property, insofar as such rights are applicable to the coverage
of the Property. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid
under the Note or this Security Instrument whether or not then due.
6. Occupancy. Borrower shall occupy, establish and use the Property as Borrower's principal residence within
60 days alter the execution of this Security Instrument and shall continue to occupy the Property as Borrower's principal
WYOMING -S ngln F.amlly Fannie Mae /Freddie Mac UNIFORM INSTRUMENT (MERS)
MERS Mortgage -WY
2006A -WY (08/13) Page 4 of 9
Form 3051 1/01
t)OC. ID 4l— 0002508716F383.0014
residence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consetrt shall
not be unreasonably withheld, or unless extenuating circumstances exist. which are beyond Borrowers control.
7. Preservation, Maintenance and Protection of the Property; :Inspections. Borrower shall not destroy_
damage or impair the Property, allow the Property to deteriorate or commit waste on the Property. Whether or not
Borrower is residing in the Property, Borrower shah maintain. the Property in order to prevent the Properly from
deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair
or restoration is not economically feasible, 'Borrower shall promptly repair the Property if damaged to avoid Further
deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of,
the Property, Borrower shall be responsible for repairing or restoring the Property only if Lender has released proceeds
for such purposes. ].,ender may disburse proceeds for the repairs and restoration in a single payment or in a series
of progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair
or restore the Properly, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration.
Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause,
Lender may inspect the interior of the im provements on the .Properly. Lender shall give Borrower notice at the time of or
prior to such an interior inspection specifying such reasonable cause.
8. Borrower's Loan Application. Borrower' shall be in default if, during the Loan application process, :Borrower
or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially
false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material
information) in connection with the Loan. Material representations include, but are not limited to, representations
concerning Borrower's occupancy of the Property as Borrower's principal residence.
9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument.
If (a) Borrower fails to perform the covenants and agreements contained in this Security Instruncnt, (b) there is a legal
proceeding that might significantly affect Lender's interest in the :Property and /or rights under this Security Instrument
(such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain
priority over this Security :Instrument or tc) enforce laws or regulations), or (c) Borrower has abandoned the Property,
then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and
rights under this Security Inslnrnlenl, including protecting acrd /or assessing the value of the Properly, and securing and/or
repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which
has priority over this Security Instrument; (b) appearing in court; and (e) paying reasonable attorneys' fees to protect its
interest in Lhe Property and/or rights under this Security Instrument including its secured position in a bankruptcy
proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks,
replace or board up doors and windows, drain water [rem pipes, eliminate building or other code violations or dangerous
conditions, and have utilities turned on or off. Although Lender may take action wider this Section 9, Lender dots not
have to do so and is not under any duly or obligation to do so. it. is agreed that lender incurs no liability for not taking
any or all actions authorized under this Section 9.
Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this
Security Instrument These amounts shall bear interest at the Note rate from the date of disbursement and shall
be payable, with such interest, upon notice from Leader to Borrower requesting payment.
If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower
acquires free title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger
in writing.
10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower
shall pay the premiums required to maintain the Mortgage insurance in effect.. 1F, for any reason. the Mortgage .Insurance
coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance
and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance,
Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance
previously in effect, at a cost substantially equivalent 1.0 the cost. to Borrower of the Mortgage insurance previously
in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage
is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due
when the insurance coverage ceased to be in effect_ 1.,erlrler will accept, use :irr! re Liiri these payments as a non refundable
loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non refundable, notwithstanding the fact that the
Loart is ultimately paid in full, and Lender shall not be required lo pay Borrower any interest or earnings on such loss
reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the
period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and Lender
requires separately designated payments toward the premiums for Mortgage Insurance. If Lender required .,/lortgagc
Insurance as a condition of rnak:ing the Loam and Borrower was required to make separately designated payments toward
the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance
in effect, or to provide a non-refundable loss reserve, until 1.1re Lender's requirement for Mortgage .Insurance ends
in accordance with any written agreement between Borrower and Lender providing for such termination or until
termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the
rale provided in the Note.
Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur
if Borrower does not repay the Loan as agreed. Borrower is not a. party to the Mortgage insurance.
Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into
agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terns and
conditions that are satisfactory to the mortgage insurer and the other party for parties) to these agreements.
These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage
insurer may have available (which may include funds obtained from Mortgage Insurance premiums).
Asa result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity,
or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might
be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the
WYOMING Single I` amlly Fannie Mae /Freddie Mac UNIFORM INSTRUMENT (MERS)
MERS rvlotgage WY
2006A -WY (08/13) Page 5 of 9
Form 3051 1/01
I} 7I) {l: 000250£I71-68810014
mortgage insurer's risk, or reducing losses. If such agreement provides that an affiliate of Lender takes a Shure of the
insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is often termed "captive
reinsurance." Further:
(a) Any such agreements will not affect the amounts that Borrower has agreed to pay for lwtortgage
Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for
Mortgage Insurance, and they will not entitle Borrower to any refund.
(b) Any such agreements will not affect the rights Borrower has if any with respect to the Mortgage
Insurance under the Homeowners Protection Act of 1998 or any other law These rights may include the right
to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage
Insurance terminated automatically, and /or to receive a refund of any .Mortgage Insurance premiums that were
unearned at the time of such cancellation or termination.
11. Assignment of Miscellaneous Proceeds; Forfeiture. All V[iscellaneous Proceeds are hereby assigned to and
shall be paid to Lender.
If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property,
if tine restoration or repair is economically feasible and Lender's security is riot lessened. During such repair and
restoration period, Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity
to inspect. such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection
shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement or in a series
of progress payments as the work is completed. Unless an agreement is made in writing or Applicable I•aw requires
interest to be paid. on such Miscellaneous Proceeds. Lender shall not be required to pay Borrower any interest or earnings
OT) such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender's security would
be lessened the Miscellaneous Proceeds shall be applied to the suns secured by this Security Instrument, whether or not
their due, with the excess, if any. paid to Borrower. Such iti•Iiscellaneous Proceeds shall be applied in the order provided
for in Section 2.
In the event of a total taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds shall
be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, it any, paid TO
Borrower.
In the event of a partial taking, destruction, or loss in value of the Property in which the fair market: value of the
Property immediately before the partial taking, destruction, or loss in value is equal to or greater than the amount of the
wins secured by this Security Instrument immediately before the partial taking, destruction, or loss in value, unless
Borrower and Lender otherwise agree in writing, the sums secured by this Security Instrmlent shall be reduced by the
amount of the Miscellaneous Proceeds multiplied by the following traction: (a) the total amount of the slugs secured
immediately before the partial taking, destruction, or loss in value divided by (h) the fair market value of the Property
immediately before the partial taking, destruction, or loss in value. Any balance shall he paid to Borrower.
In the event of a partial taking, destruction, or loss in value of the Property in which the fair market value of the
Property immediately before the partial taking, destruction, or loss in value is less than the amount of the sums secured
immediately before the partial taking, destnrction, or loss in value, runless Borrower and Lender otherwise agree
in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument whether or not the
stuns are then due.
If the Property is abandoned by Borrower, or it after notice by Lender to Borrower that the Opposing Party
(as defined in the next sentence) offers to make an award to settle a claim for damages, Borrower rails 10 respond
to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous
Proceeds either 10 restoration OT repair of Lite Properly or to the Burns sec:irred by ibis Security Instrument whether or not
then due. "Opposing Party" means the third party that owes Borrower _Miscellaneous Proceeds or the party against whom
Borrower has a right of action in regard to Miscellaneous Proceeds.
Borrower shall he in default. if any action or proceeding, whether civil or criminal, is begun that, in Lender's
judgment, could result in forfeiture of the Property or other material impairment of Lender's interest in the Property
Of rights under this Security Instrument. Borrower can cure such a default and, if' acceleration has occurred, reinstate
as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment,
precludes forfeiture of the Property or other material impairment. of Lender's inl.erest in t:he Property or rights under this
Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairment of Lender's
interest in the Property are hereby assigned and shall he paid to Lenrder.
All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order
provided for in Section 2.
12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment
or modification of amortization of the sums secured. by this Security Instrument granted by Lender to Borrower or any
Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest.
of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower or to
refuse to extend time for payment or otherwise modify amortization of the suns secured by this Security lnstrurrrernt by
reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by
Lender in exercising any right or remedy including, without: limitation, Lender's acceptance of payments from third
persons, entities or Successors in Lnterest of Borrower or in amounts less than the amount then due. shall not be a waiver
of or preclude the exercise of any right or remedy.
13. Joint and Several Liability; Co- signers; Successors and Assigns Bound. Borrower covenants and agrees
that Borrower's obligations and liability shall be joint: and several. However, any Borrower wlro co- signs this Security
Instrument but does not execute the Note (a "co- signer (a) is co- signing this Security Instrument only to mortgage,
grant and convey the co- signer's interest in the Property under the terms of this Security Instrument; (b) is not personally
obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can
agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrment or the
Note wit:lrout the co- signer's consent,
WYOMING `tingle Femily- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT (MERS)
MERS Mortgage -WY
2006A -WY (08/1 3)
Page 6 of 9
Form 3051 1/01
DOC ID 41-: 00025087.1.68810014
Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations
under this Security instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits
under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this
Security Instnirnent. unless Lender agrees to such release in writing. The covenants and agreements of this Security
Instrtimlent shall bind (except as prov id.ecl in Section 20) and benefit the successors and assigns of Lender.
14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's
default, for the purpose of prot.ectirrg Lender's interest. in the Property and rigl its under this Security Instrument, including,
but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence
of express authority in this Security Instrument to charge a specific fee to Borrower shall not be consumed as a prohibition
on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by
Applicable Law.
1.f the Loam is subject to a law which. setts maximum loan charges, and That law is finally interpreted so that the
interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then:
(a) any such .loan charge shall be reduced by the amount necessary to reduce the cl large Lo the permitted limit; and (1) any
sums already collected from Borrower which exceeded permitted lunits will be refunded to Borrower. Lender may choose
to make this refund by reducing the principal owed under the Note or by making a direct payment. to .Borrower.
If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge
(whether or not a prepayment. charge is provided for under the Note). Borrower's acceptance of any such refund made by
direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such
overcharge.
1.5. Notices. All notices given by Borrower or Lender in connection with this Security Innstrument, must be
in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given
to Borrower when moiled by first class mail or when actually delivered to Borrower's notice address if sent by other
means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires
otherwise. The notice address shall be the Property Address unless Borrower has designated a siibstitute notice address
by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies
a procedure for reporting Borrower's change of address, then Rorrower shall only report i change of address through that
specified procedure. There may be only one designated notice address under this Security Instruunent at any one time.
Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein
unless Lender has designated another address by notice to orrower. Any notice in connection with this Security
Instrumment shall not be deemed to have been given to Lender until actually received by Lender. If any notice required
by this Security Instrument is also required under Applicable Law, the Applicable 'Law requirement will satisfy the
corresponding requirement under this Security Instrument.
16. Governing Law; Severahility; Rim es of Construction. This Security instrument shall be governed by federal
law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security
Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly
or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as
a prohibition against agreement by contr'act..tn the event that any provision or clause of this Security Instrument or the
Note conflicts with Applicable Law, such conflict shall not affect other provisions of' this Security hnstiument or the Note
which can be given effect without the conflicting provision.
As used in this Security Instrument: words of the masculine gender shall mean and include corresponding neuter
words or words of the feminine gender; (U) words in the singular shall mean and include the plural and vice versa;
and (c) the word "may" gives sole discretion without any obligation to take any action.
17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument.
18. Transfer of the Property or a Beneficial Interest in ]Borrower. As used in this Section 18, "Interest. in the
Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests
transferred in a bond for deed. contract for deed, installment sales contract or escrow agreement, the intent of which is the
transfer of title by Borrower at a future date to a purchaser.
If all or any part of the Properly or any Interest in It e Property is sold or transferred (or if Borrower is not a natural
person and a beneficial inhered. in Borrower is sold or transferred) without Lender's prior written consent, Lender may
require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be
exercised by Lender if such exercise is prohibited by Applicable ,Law.
If Lender exercises this option. Lender shall give Borrower notice of acceleration. The notice shall provide a period
of not: less that. 30 days from the dale the notice is given in accordance with Section 15 within which Borrower must pays
all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period,
Lender may invoke any remedies permitted by this Security L strnrnent without further notice or demand on Borrower.
19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall
have the right to have enforcement. of this Security Irrslrunetrl discontinued at any time prior Lo the earliest of: (a) five
days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period
as Applicable Law might specify for are termination of Ponower's right to reinstate; or (c) entry of a judgment enforcing
this Security :Instrument.. Those conditions are that Borrower: (a) pays Lender all sums which then would be clue under
this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants
or agreements; (c) pays all expenses incurred in enforcing this Security insirunent, including, but not limited to,
reasonable attorneys' fees, property inspection and valuation fees_ and other fees incurred for the purpose of protecting
Lender's interest in the Properly and rights under this Security Irnstrumernt., 111(1 (d) takes such action. as 'Lender may
reasonably require to assure that Lender's interest in the Property and rights under this Security Lnstrument,
and Borrower's obligation to pay the sums secured by tli -is Security Instrument, shall continue unchanged. Lender may
require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by
Lender: (a) cash; (0) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such
check is drawn upon an institution. whose deposits are insured by a federal agency, inslnrmerttality or entity;
or (d) Electronic Funds Transfer. Upon reinstatement by Borrower, this Security Instrument and. obligations secured
WYOMING Single F amily Fannie Mae /Freddie M UNIFORM INSTRUMENT (MERS)
MERS Mortgage -WY
2006A -WY (081131 Page 7 of 9
Form 3061 1/01
1DOC,'. T 14.: 00025 O871.6r3B1oo14
hereby shall remain fully effective as if no acceleration had occurred. Ilowever, this right to reinstate shall not apply
in the case of acceleration tinder Section 18.
20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Notc or a partial interest in the Notc
(together with thhis Security Instrument) can he sold one or more tinges without prior notice to 13ot A sale might
result in a change in the entity (known as the "Loan Servicer that collects Periodic Payments due uncicr the Note ancl
this Security Instrument. and performs other mortgage loan servicing obligations under the Note, this Security Instrument.,
and Applicable Law. There also might be one or more changes of die Loan Servicer unrelated to a sale of the Note.
If there is a change of the Loan Servicer, Borrower will be given written notice of the change which will state the name
and address of the new Loan Servicer the address to which payments should be made and any other information RESPA
requires in connection with a notice of transfer of servicing. If the .Notre is sold and thereafter the Loan is serviced by a
Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with
the Loan Servicer or be transferred to a successor I.oarr. Servicer and are not. assumed by the Note purchaser unless
otherwise provided by the Note purchaser.
Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual
litigant. or the member of a class) that arises from the other party's actions pursuant to this Security Irnstrurrrent or that
alleges that the other party has breached any provision of or any duty owed by reason of, this Security Instument, until
such Borrower or Lender has notified the other party (with such notice given in compliance with the requirements of
Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice
to take corrective action. Tf Applicable Law provides a time period whirls must elapse before certain action can he taken,
that time period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and
opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant
to Section 18 shall be deemed to satisf the notice and opportunity to take corrective action provisions of this Section 20.
21.. Hazardous Substances. As used in this Section 21, (a) "Hazardous Substances" are those substances defined
as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline,
kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials
containing asbestos or formaldehyde, and radioactive materials; (b) Environmental Law" means federal laws and laws
of the jurisdiction where the Property is located that relate to health, safety or environmental protection;
(c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined
in Envirorunental Law; and (d) an "Environmental Condition" means a condition that can cause_ contribute to,
or otherwise trigger an Environmental Cleanup.
Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances,
or threaten to release any Hazardous Substances, 00 or in the Property. Itlorrower shall not. do, nor allow anyone else
to do, anything affecting the Property (a) that is in violation of any Lnvironemental Law, (b) which creates
an Environmental Condition, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates
a condition that adversely affects the value of the Property. The preceding two sentences shall not apply to the presence,
use, or storage on the Property of small quantities of hazardous Substances that are generally recognized to be
appropriate to normal residential uses and to maintenance of the Property (including, but not liznii.ed to, hazardous
substances in consumer products).
Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action
by any governmental or regulatory agency or private party involving the Property and any I- Iazardous Substance
or Environmental Law of which Borrower has actual knowledge-, ('b) any Environmental Condition, including but not
limited to, any spilling, leaking, discharge, release or threat of release of any hazardous Substance, and (c) any condition
caused by the presence, use or release of a .Hazardous Substance which adversely affects the value of the Property.
If Borrower learns, or is notified by any governmental or regulatory authority, or any private party, that any removal
or other remediation of any hazardous Substance affecting the Property is necessary, Borrower shall promptly take all
necessary remedial actions in accordance with. Environmental t.aw. Nothing herein shall create any obligation on Lender
for an Environmental Cleanup.
NON UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
22. Acceleration; Remedies. Lender shall give notice to 'Borrower prior to acceleration following
Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under
Section 18 unless applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action
required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower,
by which the default roust be cured; and (d) that failure to cure the default on or before the date specified in the
notice may result in acceleration of the souls secured by this Security instrrinlent and sale of the Property.
The notice shall further inform Borrower of the right to reinstate after acceleration and the rigid to bring a court
action to assert the non existence of a default or any other defense of Borrower to acceleration and sale_
If the default is not cured on or before the date specified in the notice, Leader at its option may require immediate
payment in full of all sums secured by this Security Instrument without further demand and may invoke the power
of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses
incurred in pursuing the remedies provided in this Section 22, including, but not limited to, reasonable attorneys'
fees and costs of title evidence.
If Lender invokes the power of sale, Lender shall give notice of intent to foreclose to Borrower and to the
person in possession of the Property, if different, in accordance with Applicable Law. Lender shall give notice
of the sale to Borrower in the manner provided in Section 15. Lender shall publish the notice of sale, and the
Property shall be sold in the manner prescribed by Applicable .Law. Lender or its designee may purchase the
Property at any sale. The proceeds of the sale shall be applied in the following order: (a) to all expenses of the sale,
including, but not limited to, reasonable attorneys' fees; (b) to all suns secured by this Security Instrument;
and (c) any excess to the person or persons legally entitled to it.
WYOMING `)Ingle Family Fannie Mae /Freddie Mac UNIFORM INSTRUMENT (MFRS)
MERS Mortgage -WY
2006A -WY (08/13) Page 8 of 9
Farm 3051 1/01
DOC ID 4: 0002.500710083.0014
23. Release. Upon payment of all surns secured by this Security Instrument, Lender shall release this Security
Irrstnunent. Borrower shall pay any recordation costs. Lender may charge Borrower a fee for releasing this Security
Instrument, but only if the fee is paid to a third party for services rendered and the charging of the fee is permitted under
Applicable Law.
24. Waivers. Borrower releases and waives all rights under and by virtue of the homestead exemption laws
of Wyoming.
BY SIGNNG BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security
Instrrmrent. and in any Rider executed by Borrower and recorded with it.
AL,CINF\ ANTHONY
1-Tome roan Consul Cant E:xter:na1
Bank of Ameri.ca, tJ.A.
State of 1,1
County of
This instrume rt was ackno vled >ed before me on
D
(Seal, if any) `��4 AN' ��i,
OAR),
r►•
2 A U BoC
4 y on
/,C0UN; 010
(Seal)
JEA 1 A YOT7NKIN Borro
individually and as trustee of the Jean A. Younkin Revocable Trust under
trust instrument dated December 6, 2013, for the benefit of Jean A. Younkin.
C—
Titj/(and Rank)
My commission expires:
NMLS#1
37534
Ni7LS#
399802.
WYOMING- Sin91e Family- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT (MERS)
MERS Mortgage -WY
2006A -WY (08/13) Page 9 of 9
(SignatiVe of notarial officer)
(Seal)
Borrower
(Seal)
Borrower
Form 3051 1/01
TOTTER VIVOS REVOCABLE TRUST RIDER
DEFINITIONS USED IN THIS RIDER.
(A) "Revocable 'Trust." The
JEAN A YOUNKIN REVOCABLE TRUST
created under trust instrument dated DECEMBER 06, 2013
(13) "Revocable Trust Trustee (s).
JEAN A. YOUNKIN
trustee(s) of the Revocable "Trust.
(C) "Revocable Trust Settlor(s)."
JEAN A. YOUNKIN
settlor(s) of the Revocable Trust signing below.
(D) "Lender."
BANK OF AMERICA, N.A.
00025087168810014
[Doc ID
(E) "Security Instrument." The Deed of Trust, Mortgage or Security Deed and any riders thereto of the
same date as this Rider given to secure the Note to Lender of the same date made by the Revocable Trust, the
Revocable Trust Trustee(s) and the Revocable Trust Settlor(s) and any other natural persons signing such Note
and covering the Property (as defined below).
(F) "Property." The property described in the Security Instrumennt and located al:
960 HARMONY CREEK LANE, AFTON, WY 83110
(Property Address]
THIS INTER VIVOS REVOCABLE TRUST RIDER is made this SIXTH day of
OCTOBER, 2014 and is incorporated into and shall be deemed to amend and supplement the Security
Instrument.
ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security Instrument,
the Revocable Trust Trustee(s) and the Revocable Trust Settlor(s) and the Lender further covenant and agree as
follows:
A. INTER VIVOS REVOCABLE TRUST.
1. CERTIFICATION WARRAN'T'IES 01 REVOCABLE TRUST TRUSTEE(S).
The Revocable Trust'fruste.e(s) certify to Lender that the Revocable Trust is an inter vivos revocable trust
Inter Vivos Revocable Trust Rider
1372R-XX (08114)(d /i) Page 1 of 3
2 3 9 9 1
*2 5 0 8 7 1 6 8 8 0 0 0 0 0 1 3 7 2 R'
DOC ID 00025087168810014
for which the Revocable Trust Trustee(s) are holding full title to the Property as trustee(s).
'fhe Revocable Trust Trustee(s) warrants to Lender that (1) the Revocable 'trust is validly created under the
laws of the State identified in the trust instrument; (ii) the trust instrument creating the Revocable Trust is in full
force and effect and there are no amendments or other modifications to the trust instrument affecting the
revocability of the Revocable Trust; (iii) the Property is located in the State of WYOMING
(iv) the Revocable Trust Trustee(s) have full power and authority as trustee(s) under the trust instrument creating
the Revocable Trust and under applicable law to execute the Security Instrument, including this Rider; (v) the
Revocable Trust Trustee(s) have executed the Security Instrument, including this Rider, on behalf of the
Revocable Trust; (vi) the Revocable Trust Settlor(s) have executed the Security Instrument, includin this Rider,
acknowledging ing all of the terms and conditions contained therein and agreeing to be bound thereby; (vii) only the
Revocahle Trust Settlor(s) and the Revocable 'Trust Trustee(s) may hold any power of direction over the
Revocable Trust; (viii) only the Revocable 'Trust Settlor(s) hold the power to direct the 'I'rustee(s) in the
management of the Property: (ix) only the Revocable Trust Setdor(s) hold the power of revocation over the
Revocable 'trust; and (x) the Revocable Trust Trustee(s) have not been notified of the existence or assertion of
any lien, encumbrance or claim against any beneficial interest in, or transfer of all or any portion of any
beneficial interest in or powers of direction over the Revocable "Trust Trustee(s) or the Revocable Trust, as the
case may be, or power of revocation over the Revocable Trust.
2. NOTICE OF CHANGES TO REVOCABLE TRUST AND TRANSFER OF POWERS OVER
REVOCABLE TRUST TRUSTEE(S) OR REVOCABLE TRUST OR BOTH; NOTICE OF CHANGE OF
REVOCABLE TRUST TRUSTEE(S); NOTICE OF CIL \.NGE OF OCCUT'ANCY OF THE PROPERTY;
NOTICE OF TRANSFER OF BENEFICIAL INTEREST IN REVOCABLE TRUST.
The Revocable Trust Trustee(s) shall provide timely notice to Lender promptly upon notice or knowledge
of any revocation or termination of the Revocable Trust, or of any change in the holders of the powers of
direction over the Revocable Trust Trustee(s) or the Revocahle Trust, as the case may be, or of any change in the
holders of the power of revocation over the Revocable Trust, or both, or of any change in the trustee(s) of the
Revocable Trust (whether such change is temporary or permanent), or of any change in the occupancy of the
Property, or of any sale, transfer, assignment or other disposition (whether by operation of law or otherwise) of
any beneficial interest in the Revocable Trust.
B. AI)I)ITIONAL BORROWER(S).
The term "Borrower" when used in the Security Instrument shall refer to the Revocable Trust, the
Revocable Trust. Trustee(s) and the Revocable Trust Settlor(s), jointly and severally. Each party signing this
Rider below (whether by accepting and agreeing to the terms and covenants contained herein or by
acknowledging all of the terms and covenants contained herein and agreeing to be bound thereby, or both)
covenants and agrees that, whether or not such party is named as "Borrower" on the first page of the Security
Instrument, each covenant and agreement and undertaking of "Borrower" in the Security Instrument shall be
such party's covenant and agreement and undertaking as "Borrower" and shall be enforceable by Lender as if
such party were named as "Borrower" in the Security Instrument.
C. CONVEN'I'IONAI, LOANS ONLY.
The paragraph titled Transfer of the Property or a Beneficial Interest in Borrower in the Security Instrument
is amended in its entirety to read as follows:
Transfer of the Property or a .Beneficial nterest in Revocable Trust.
As used in this paragraph, "Interest in the Property" means any legal or beneficial interest in the Property,
Inter Vivos Revocable Trust Rider
1372R -XX (08/14) Page 2 of 3
DOC ID 00025087168810014
including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed,
installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future
date to a purchaser. If, without Lender's prior written consent, (i) all or any part of the Property or an interest in
the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is
sold or transferred), or (ii) there is a sale, transfer, assignment or other disposition of any beneficial interest in
the Revocable Trust, Lender may, at its option, require immediate payment in full of all sums secured by this
Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by
Applicable Law.
If Lender exercises this option, Lender shall give the Borrower notice of acceleration. The notice shall
provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within
which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior
to the e.xpiralion of this period, Lender may invoke any remedies permitted by this Security instrument without
further notice or demand on Borrower.
BY SIGNING BELOW, the Revocable. Trust Trustec(s) accepts and agrees to the terms and covenants
contained in this inter Vivos Revocable Trust Rider.
Inter Vivos Revocable Trust Rider
1372R-XX (08/14) Page 3 of 3
JEAN A. YOUNKIN
individually and as trustee of the Jean A. Younkin Revocable Trust
under trust instrument dated December 6, 2013, for the benefit of
Jean A. Younkin.
Trustee of the
JEAN A YOUNKIN REVOCABLE TRUST
under trust instrument dated DECEMBER 06, 2013
INTER VIVOS REVOCABLE TRUST AS BORROWER
ACKNOWLEDGMENT
BY SIGNING BSLC)W, the undersigned, Settlor {s) of the
JEAN A YOUNKIN REVOCABLE TRUST
Trust under trust instrument dated DECEMBER 06 2013 acknowledges all of the terms and
covenants contained in this Security Instrument and any rider(s) thereto and agrees to be bound thereby.
2 3 9 9 1
E.L. r °tl��?
JEAN A. YOUNI IN
Inter Vi os Re ocable Tr st as Borro er Ackno ledgment
1373R -XX (08I14)(d!i) Page 1 of 1
00025087168810014
[Doc ID
Trust Settior
individually and as trustee of the Jean A. Younkin Revocable Trust under trust instrument
dated December 6, 2013, for the benefit of Jean A. Younkin.
Trust Settlor
Trust Settlor
2 5 0 8 7 1 6 8 8 0 0 0 0 0 1 3 7 3 R°
EXHIBIT A
Tract Seven (7) of Peavler Family Exemption Second Filing, Lincoln County, Wyoming
as described on the plat filed August 4, 2004 as Instrument No. 901871 of the Records
of the Lincoln County Clerk, Lincoln County, Wyoming