HomeMy WebLinkAbout979030After Recording Return To:
Wells Fargo Bank, N.A.
Attn: Document Mgt.
P.O. Box 31557
MAC B6955 -013
Billings, MT 59107 -9900
Reference Number: 20142654100070
979030 10/27/2014 8:08 AM
LINCOLN COUNTY FEES: $24.00 PAGE 1OF 5
BOOK: 842 PAGE: 225 MORTGAGE
JEANNE WAGNER, LINCOLN COUNTY CLERK
111111111111111111 11I I I 11111111 1111111I I I 11111111111111111111111111111111
[Space Above This Line For Recording Data]
Account Number: XXX- XXX- XXX0725 -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 October 09, 2014, together with all Riders to
this document.
(B) "Borrower" is BERNT REID JENKINS, A SINGLE PERSON. 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
October 09, 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 TWENTY
THOUSAND AND 00 /100THS Dollars (U.S. $20,000.00) 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 November 09, 2044.
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(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.
(6) "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 Records in
the Office of the Recorder of Lincoln County/City, State of Wyoming.
TRANSFER OF RIGHTS IN THE PROPERTY
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
County
[Type of Recording Jurisdiction] [Name of Recording Jurisdiction]
THE FOLLOWING DESCRIBED REAL ESTATE, SITUATED IN LINCOLN COUNTY, STATE OF
WYOMING, HEREBY RELEASING AND WAIVING ALL RIGHTS UNDER AND BY VIRTUE OF THE
HOMESTEAD EXEMPTION LAWS OF THE STATE, TO -WIT: LOT 78 OF STAR VALLEY RANCH PLAT
FIVE (5), LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT THEREOF
RECORDED JUNE 30, 1971 AT DOCUMENT NUMBER 431709 AND MAP NUMBER 177, IN THE
OFFICE OF THE CLERK, LINCOLN COUNTY, WYOMING.
which currently has the address of
15 SCRUB OAK DR
WYOMING -SHORT FORM OPEN -END SECURITY INSTRUMENT
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of Lincoln
[Street]
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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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 of this document and a copy of the Master Form Mortgage,
ERNT REID JENKI
4I' sj-- l //1
Borrower
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For An Individual Acting In His /Her Own Right:
State of G(J p is C,
County of r' 6.6/
This instrument was acknowledged before me on
BERNT REID JENKINS
(name(s) of persons)
(Seal, if any)
a
CLAUDIA ANDERSON NOTARY PUBLIC
County of
Lincoln
State of
Wyoming
My Commission Expires Ma 25, 2018
Loan Originator's Name: Julie Marie Vidmar
NMLSR ID: 760732
WYOMING -SHORT FORM OPEN -END SECURITY INSTRUMENT
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(2 c* br lr cf J 7 (date) by
My Commission Expires: S
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