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HomeMy WebLinkAbout886802Space Above This Line For i~ecordin'iii'Da~.,i MORTG,:kCE (With Future Adw.~c,: Clause; DATE AND PARTIES, The date of this Mortgage (Security Instrument) is Ja~uary 8, 2003. The parties and their addresses are: MORTGAGOR: KLN PAINTING INC A Corporation A UTAH CORPORATION 421 EAST 7TH NORTH TREMONTON, Utah 84337 LENDER: FIRST NATIONAL BANK - WEST Organized and existing under the laws of the United Stat ;s of Aa.er[ca 100 Greys River Road Alpine, Wyoming 83128 83-0162601 1. CONVEYANCE. For good and valuable consideration, lhe receipt :.nd s~=Jficiency of which is acknowledged, and to secure the Secured Debts and Mortgagor's performa~c( under t:qs S,~curity Instrument, Mortgagor grants, bargains, conveys, mortgages and warrants to Lender, wid~ ~l~e power of sale the following described property: Lot 50 in Star Valley Ranch Plat 5, Lincoln County, Wyomir, 0 a:- describ,;d on Ll~e official plat thereof The property is located in LINCOLN County at 111 BRUSHWOO0 DRIVE, TH/.YNE, Wyoming 83127, Together with all rights, easements, appurtenances, royale!m;, minera' rob ¢, oil and gas rights, all water and riparian rights, wells, ditches and water stock and all existi~g, and future im ..~ovements, structures, fixtures, and replacements that may now, or at any time in the future, be ;~art o¢ ~he re',i estate described (all referred to as Property). This Security Instrument will remain in effec~ untii [he Se, ured '~ebts and all underlying agreements have been terminated in writing by Lender. 2, MAXIMUM OBLIGATION LIMIT. The total principal arnr~,~i-:;ecured uy [l~i; Security Instrument at any one time will not exceed 8100,000,00, This limitation of amoum ,!c~ ::; not in;lude, i~[erest and other fees and charges validly made pursuant to this Security Instrument. Aisc, this lh'.~i[ation r:oes ~ ~',~[ apply to advances made under the terms of this Security Instrument to protect Lender's security and to f erfor.~ any of the covenants contained in this Security Instrument. 3. SECURED DEBTS. This Security Instrument will secure :d,~, ~ )llow nq Secu ,.'(.t Debts: A. Specific Debts, The following debts and all ex~ensions, ronew~i~, refinancings, modifications and~ replacements. A promissory note, No, 764000490, d,'-.~,..d January 3, 20'..',3, from Mortgagor to Lender, with. a.. loan amount of $100,000.00 with an interest rate of 8.0 p-¢cent per ye~'~ and maturing on February 1, 2004. One or more of the debts secured by this Security Instrun)cn' contain.~ a fL.;t~re advance provision. B. Sums Advanced, All sums advanced and expenses Jrt( urred b;.' Len i..~r under the terms of this Security Instrument. : 4. PAYMENTS. Mortgagor agrees that all payments un;J,':r 't~e Sec,.red l:,.:¢b[s will be paid when due and in accordance with the terms of the Secured Debts and this '.; ;c~ 'W Ins~ru'l~enf 5, PRIOR SECURITY INTERESTS. With regard to any ot!,~.. ,?.~rtga9,;, deod ~;I trust, security agreement or other lien document that created a prior security interest or encur~,i :ra ~ce on t~ ,e Prci:crty, Mortgagor agrees: A. To make all payments when due and to perform or B. To promptly deliver to Lender any notices that Morto~,ii,,r ~.ceiw.~s Irom r'~e holder. KLN PAINTING INC Wyoming Mortgage WY/4XXXKeelyOO600000003770022010803Y ©1996 Bankers S~,,~; ~;,~, [nc., S:. L'oud, k'~ ' 15~-"-r-r~~' 258 C, Not to allow any modification or extension of, no~ tr, reqLmsl any i~ture advances under any note or agreement secured by the lien document without Lender'.; I J, .~r wriL~,, n co~ .:-;nt. 6. CLAIMS AGAINST TITLE. Mortgagor will pay all taxc..:;, ,'~:;sessme.~ts, t; .~s, encumbrances, lease Payments, ground, rents, utilities, and other charges relating to the !'. ',;:,.:~y wJl~.n du. Lender may require Mortgagor to provide to Lender copies of all notices that such amoun:s m-e due and :~te receipts evidencing Mortgagor's payment. Mortgagor will defend title to the Property again.,;l :',V clain~; thai would impair the lien of this Security Instrument, Mortgagor agrees to assign to Lender, as ~uqt:osted bv Le~ d,~r, any rights, claims or defenses Mortgagor may have against parties who supply labor or mai,, i::ls to rn~;'n~ai~: ...,r improve the Property. 7, DUE ON SALE, Lender may, at its Option, declare the ~,,~li,~..~. balance of .i~e Secured Debts to be immediately due and payable upon the creation of; or contract for the c~,.x~Li:::m of, a [rans...~r or sale of the Property. This right is subject to the restrictions imposed by federal law g,:~v,:;rnh'~g the ;~ree ~.l~[ion of State due-on-sale laws, as applicable, B. TRANSFER OF AN INTEREST IN THE MORTGAGOR,: I¢ [' '.~,.., ~gor is an e~.!i[y other than a natural person (such as a corporation or other organization), Lender may damaged i'~r~ ,:?.'liate l:3ym~x,t if: A. A beneficial interest in Mortgagor is sold or transfer~,.~:!. B. There.is a change Jn either the identity or number of ~, ',,~J,~_:rs ol n parl~ ~ rship or similar entity. C.,There is a change in ownership of more than 25 perce.,;r ¢~[ the voiin.q .~; ,;ok of a corporation or similar entity. However, Lender may not demand payment in the above silu:~iions il i~ is p~ .~,ibited by law as of the date of this Security Instrument, 9, WARRANTIES AND REPRESENTATIONS. Mortga0 ~akes t,~ L(? <ier the following warranties and representations which will continue as long as this Securit,,, 1; .';t ument: i,~: in o: i,:ct: A. Power. Mortgagor is duly organized, and validly ~,:<i.. ;h~; and in gooc :;tending in all jurisdictions in which Mortgagor operates. Mortgagor has the power and. au~i',:~ ity to onter ;.-,to this transaction and to carry on Mortgagor's business or activity as it is now being con.: ~::~-.~! an~l, ~s ai:.',iicab e, is qualified to do so in each jurisdiction in which Mortgagor operates. ' B. Authority, The execution, delivery and performanc,':~ ,'., ti,i.,~ Security In¢ :~ument and the obligation evidenced by this Security Instrument are within Mortgagor's !: 'v~:.::. h~'~v~ b~.~:~; duly authorized, have received all necessary governmental approval, will not violate at~,/ :,~ vision o? I~tv,.' or order of court or governmental agency, and will not violate any agreement to which' J./].:~',~;.~qor iu ,~ p,.':lrL..' or to which Mortgagor is or any of Mortgagor's property is subject. ' C, Name and Place of Business. Other than previou:fi,/ t,isclos,~d in ?,. iting to Lender, Mortgagor has not changed Mortgagor's name or principal place of businc...,:: ,.'viLhi~. tl~e la.,;t '~0 years and has not used any other trade or fictitious name, Without Lender's prior writte:~ ~:,,,.,;~, FAo~ [g;:~.?.:x does not and will not use any other name and will preserve Mortgagor's existing name, tradc.~ ~:;,r'ms aBd 10. PROPERTY CONDITION, ALTERATIONS AND INS:[",'i '";.)?t. MorL!da i,:.r will keep the Property in good condition and make all repairs that are reasonably necc: ..... . !"71or~g~,cjo~ ..i!l not commit or allow any waste, impairment, or det,eriorat on of the Property. Mortgagor v:i '.~. ~ the P:ope~,, tree of noxious weeds and grasses, Mortgagor agrees that the nature of the occupancy and ,~..: , ;:I nor .,?.~b,~l;,,iiatly change without Lender's prior written consent, Mortgagor will not permit any .... i';tive covenant or easement without change ;:, , '~icen:;e Lender's prior written consent, Mortgagor will notify ~,. ~ ;: ~. alt d,m~, :¥, proceedings, claims, and ections against Mortgagor, and of any loss or damage to the Prop:, ~ Lender or Lender's agents may, at Lender's option, enter '...:: ~oper!;, a[ ~; ~, reasonable time for the purpose of inspecting the Property. Lender will give Mortgagor no[ir:~ ~: the ,i ~ ,ne ct ~;~ before an inspection specifying a reasonable purpose for the inspection, Any inspection of ~' ,. i-'rop~;rtv will i,e entirely for Lender's benefit and Mortgagor will in no way rely on Lender's inspection, 11, AUTHORITY TO PERFORM. If Mortgagor fails to peal!r.' :,,~y dL.[¥ o~ ~: :/ of the covenants contained in this Security Instrument, Lender may, without notice, perfo~:n. .:;~use Li,e~ ~; be performed, Mortgagor appoints Lender as attorney in fact to sign Mortgagor's name or i~,m, · v ~,'nount nec,: :::~ry for performance. Lender's right to perform for Mortgagor will not create an obligation to ~ :,'~, and L,m..H::. '.: failure to perform will not preclude Lender from exercising any of Lender's other rights unde~ t ~v, or tJti.~ .~:h:~: ':~iw Instrument. tf any construction on the Property is discontinued or not carried on in a re ::. !'.,; m~.~m,.~r, L, .,~Jer may take all steps necessary to protect Lender's security interest in the Property, including:: , '4 rich o: tl,~, ',nstruction, 12. ASSIGNMENT OF LEASES AND RENTS. MortgaL ~.. :,,';i:'ins, .c,:-an[~: bargains, conveys, mortgages and warrants to Lender as additional security all the right, tithe ~, :~.! :..~:ures~ i:'~ [h~; Jollowing (all referred to as Property): existing or future leases, subleases, licenses, guaranties a~ ~l ~ ~,,, otl~o~ writ .',~ or verbal agreements for the use and occupancy of the Property, including any extensions, ,~..~;,.~.,v~,ls, ~ dilic; ~;ons Or replacements (all referred td as Leases); and rents, issues and profits (all referred to a.'¢ !: '~'~,'~i. In Lie ow ,~t- any item listed as Leases or Rent's is determined to be personal property, this Assignment will '.'::; ~ be r~';g,~rcJe~ t,~; a security agreement. Mortgagor. will promptly provide Lender with copies of the Leases ~::~ ,:.I cattily tl~es. Leases are true and correct copies. The existing Leases will be provided on execution ol information with respect to these Leases will be provide.'. collect, receive, enjoy and use the Rents so long as Mc~r receive any Rents in trust for Lender and Mortgagor will agrees that this Security Instrument is immediately el:t:: Instrument will remain effective during any statutory red~:. long as this Assignment is in effect, Mortgagor warrants ;.. and the parties subject to the Leases have not violated tenants. 13. DEFAULT. Mortgagor will be in default if any of the f;:,' KLN PAINTING Wyoming Mortgage WY/4XXXKeely00600000003770022010803Y ,,'..;signmcnt, ;,~1 all future Leases and any other : ~'~,clia~l~ alLc" ti~ey are executed. Mortgagor may ':~ is r~,ol in d ,~ult. Upon default, Mortgagor will :.':~ingle i~e l'~, .~Ls with any other funds. Mortgagor .... e[vve,:n i'.,. ,.qjagor and Lender. This Security .~ ,~ perioc, unli; :i~e Secured Debts are satisfied. As ,: res~,;~ s tl~:~ ~o default exists under the Leases, p!icai,le taw .~ leases, licenses and landlords and ~-':: :!J InJtial~ ©1996 Bankers 3 .... !n,:., $', (: curl, i .L:.,x-'~'-~.~ Page 2 A. Payments. Mortgagor fails to make a payment :in fu!! . B. Insolvency or Bankruptcy. Any legal entity obligau.:: ~,;, the Sc.;L,c.,,: :;;ebts makes an assignment for the benefit of creditors or become insolvent, either be:cause; .::: ;.'d;iliti.3s e×c(....;i its assets or it is unable to pay its debts as they become due; or it petitions for protectic,.. :. ,,,r fede~ d, s;; ',(; or local bankruptcy, insolvency or debtor relief laws, or is the subject of a petition i or ~:: ,~ u~der s,~cl)I..'.,?s and fails to have the petition or action dismissed within a reasonable period of time not · C. Business Termination, Mortgagor merges, dissoJve~;, · . ;;.,ize:~, .~nd:; ~,.; business or existence, or a partner or majority owner dies or is declared legally incomPete~ . D. Failure to Perform. Mortgagor fails to perform any .. ~Ji~ion o~ [o i: :c:t'} any promise or covenant of this Security Instrument, E, Other Documents. A default occurs under the terms ~ ':' v o[bc:r ,rm~.'.;:.::',ion document. F, Other Agreements, Mortgagor is in default on any ct! i,~ or a,c;re~;~r: .~r,t Mortgagor has with Lender. G. Misrepresentation. Mortgagor makes any verbal o~' ;:',,r; s[~';u..~r:~,~ ,- provides any financial information that is untrue, inaccurate, or conceals a material fact ~UL ,,: ','~n~; it is m~'~; ~¢ provided, H. Judgment, Mortgagor faits to satisfy or appeal any j, i;:.~;~ agai,'~s't M.~r~gagor. I, Forfeiture. The Property is used in a manner or for a I:' ' ~.~; '[h;4{; t:lr~':~,t ~),,~ confiscation by a legal authority, J. Name Change, Mortgagor changes Mortgagor'.~; r:. .' ~,r a,s,:u,'o:' ~ ~ additional name without notifying Lender before making such a change, K, Property Transfer. Mortgagor transfers all or a st: ~ :;al p~rr o[ I', ~',~[gagor's money or property. This condition of default, as it relates to the transfer of th,': ~.. ;~ ¢.~,,~ ;s ;ul,j(:.. :: to the restrictions contained in the DUE ON SALE section. ' L. Property Value. The value of the Property declines o,. M. Material Change, Without first notifying Lender, ~.. ~? is ~ ~¥~aL':.~:,',i change in Mortgager's business, including ownership, management, and financial condJti~.;.. N. Insecurity. Lender reasonably believes that Lend,?.r J,: ;.: 14, REMEDIES. Lender may use any and all remedies Lc; . ::~'. L[r.,dt-¢~ ~;t:..;: or federal law or in any instrument evidencing or pertaining to the Secured Debts, inc udi~g, ' ..,~' li~:it; iici.,, ~!,e power to sell the Property, Any amounts advanced on Mortgager's behalf will be immiedi~.~ ..'r ;~,: ~:~1;¢1 '~',~," ;':: added to the balance owing under the Secured Debts, Lender may make a claim for any on Mortgager's default, Subject to any right to cure, required time schedules or and state law, Lender may make all or any part of immediately due and foreclose this Security Instrument default or anytime thereafter. Upon any sale of the Property, Lender will make and :~:';uranc,': be~ :iits or refunds that may be available .,~r notic:'? ~i,c~i; .; Mortgagor may have under federal ,.,.~n[ ovvin;j ./ the terms of the Secured Debts ;;~ner I rovid ~:i by law upon the occurrence of a · ::!,ecial or lh, ;.,.:.'d warranty deed that conveys the property sold to the purchaser or purchasers. Under !thi.,; ...: :i~.,; or li,.fit,;~! '..,'arranty deed, Lender will covenant that Lender has not caused or allowed a lien or an er'~-,t .:, .;~ :~; ~o hurd~ ~ the Property and that Lender will specially warrant and defend the Property's title of the pu:~' :.: 'r,~r pu ,:h~,';~-~,; at the sale against all lawful claims and demand of all persons claiming by, through or und,::~ I~. ~ -rt~e ~'eci~, ;:; in any deed of conveyance will be prima facie evidence of the facts set forth therein. ~ All remedies are distinct, cumulative and not exclusive, equity, whether or not expressly set forth, The accepts,, on the Secured Debts after the balance is due or is constitute a waiver of Lender's right to require full and any remedy, Lender does not waive Lender's right to again. 15, COLLECTION EXPENSES AND ATTORNEYS' FEE, S. Mortgagor agrees to pay all expenses of collection, en~ under this Security Instrument, Mortgagor agrees to pay ,:. and for any recordation costs of releasing the Property ~; not limited to, reasonable attorneys' fees after defaul~ ;~ Lender, These expenses are due and payable immedk interest from the date of payment until paid in full at th:,; I:: :~ ~der i', enl~ i~cI to all remedies provided at law or !' L.,~ncler of a~ ,. sum in payment or partial payment ~ : ()r ,nf[c;r [,):. ':iosure proceedings are filed will not ', ,: ¢,'Llle ©[ ~,,,, , existing default, By not exercising ,i(:,~r d]~ ev,.~., a default if it continues or happens ;:~fLer L~(,i~ .i~, to the extent permitted by law, or I-;o~:~: ~,n of Lender's rights and remedies for L,::~d,, ~,:) inspect and preserve the Property ,";ecu~]h, I~ :irument. Expenses include, but are 'Lo ~n ~ ~ney not a salaried employee of the ~o[ p;~id i~ ~ediately, these expenses will bear ; ~te~e; ': r~,: i~ effect as provided for in the terms of the Secured Debts, To the extent permitted by the !' , ' '~):; i.~r~i,-.~.,.,,,cy Code, Mortgagor agrees to pay the reasonable attorneys' fees Lender incurs to collect ~ '~ :~'ed I.ej~,,.:; awarded by any court exercising jurisdiction under the Bankruptcy Code, 16, ENVIRONMENTAL LAWS AND HAZARDOUS SUBS~r . ,'~ ~:~ !, ,his section, (1) Environmental LaW means, without limitation, the Comprehensive Environmer;. ~" ';l.on~e, C(,~: msation and Liability Act (CERCLA), all other federal, state and local laws, regulations, or :, ,~,.:~, co,~r'~ ,.. iers, attorney general opinions or interpretive letters concerning the public health, safe~y, ,.- . . .~ ,.~'~Jvi~. n~;. : or a hazardous substance; and (2) Hazardous Substance means any toxic, radioactive or h~. ;~; ,~ tot!al ....' ::~e, pollutant or contaminant which has characteristics which render the substance dang(~.~o~: welfare or environment. The term includes, without !imi: "toxic sk!bstance," "hazardous waste," "hazardous sub,.;i. Law. Mortgagor represents, warrants and agrees that: A. Except as previously disclosed and acknowledged located, stored or released on or in the Property., Hazardous Substances that are generally recognized! the Property. KLN PAINTING INC :,.:enli~,,.y d~ ,.~erous to the public health, safety, ~.:~'~' :;u.~s~:,,...?~ defined as "hazardous material," ~ "r(.'g~:lE~. ;~d]stance" under any Environmental ~ Lc) L~"~cl,~ ;~ Hazardous Substance is or will be : :Lricti,.n ti..:: not apply to small quantities .of .; r(]l.~"J; lo /~ Ii-lo normal use and maintenance of rage 3 Wyoming Mortgage WY/4XXXKedyO0600000003770022010803Y ©1996 Ba,~kers ' B. Except as previously disclosed and acknowledged :' been, are, and will remain in full compliance with any ,~ C. Mortgagor will immediately notify Lender if a reieas,: on, under or about the Property or there is a violatior, such an event, Mortgagor will take all necessary reined':', D, Mortgagor will immediately notify Lender in writing pending or threatened investigation, claim, or Hazardous Substance or the violation of any Envirohme. 17. CONDEMNATION. Mortgagor will give Lender prompt public entities to purchase or take any or all of the P(ope; means, Mortgagor authorizes Lender to intervene i'n Mo; .~' claims. Mortgagor assigns to Lender the proceed~ ol ~", condemnation or. other taking of all or any part of the Pfc will be applied as provided in this Security Instrument: prior mortgage, deed of trust, security agreement or othe~ 18. INSURANCE. Mortgagor agrees to keep the Prop;arty Property, Mortgagor will maintain this insurance in tt~e a;:~ Property is released from this Security Instrument. What can change during the term of the Secured Debts. , M':;: Lender's approval, which will not be unreasonably with: .. standard "mortgage clause" and, where applicable, "loss Mortgagor will give Lender and the insurance company in · be applied to restoration or repair of the Property or to tt the Property in damaged condition, Mortgagor's rights; to ~ the extent of the Secured Debts, Mortgagor will immediately notify Lender of cancellation ,. Property insured Lender may obtain insurance to pr~tec, include coverages not originally required of Mortgagor, r,. would choose, and may be written at a higher rate ti insurance. 19. ESCROW FOR TAXES AND INSURANCE, Mortgagor insurance in escrow, 20, CO-SIGNERS, If Mortgagor signs this Security Instr,~ does so only to mortgage Mortgagor's interest in t~he ~', Mortgagor does not agree to be personally liable on the guaranty between Lender and Mortgagor, Mortgago~ agr~ bringing any action or claim against Mortgagor or any I, .' include, but are not limited to, any anti-deficiency or 21. WAIVERS, Except to the extent prohibited by law, L, to the Property, 22. APPLICABLE LAW, This Security Instrument is go'.,, otherwise required by the laws of the jurisdiction where th 23, JOINT AND INDIVIDUAL LIABILITY AND SUCCESS Instrument are independent of the obligations of any other or together with any other Mortgagor, Lender may ~rele;.. obligated under this Security Instrument for the remainin Instrument will bind and benefit the successors and a~signs 24. AMENDMENT, INTEGRATION AND SEVERABILITY. T', by oral agreement. No amendment or modification olf thi, and executed by Mortgagor and Lender,' This Secuiity agreement, If any provision of this Security lnstrumen[ severed and the remaining provisions Will still be enfoKceaL.: 25. INTERPRETATION. Whenever used, the singular, section headings are for convenience only.and are no'L to Instrument, 26. NOTICE, FINANCIAL REPORTS AND ADDITIONAL r: notice will be given by delivering it or mailing it by first DATE AND PARTIES section, or to any other address desi~:j be notice to all parties, Mortgagor will inform Lender in other application information, Mortgagor will provide !. requests. All financial statements and informatio~i~ Mortgagor agrees to sign, deliver, and file any addition: necessary to perfect, continue, and preserve Mortgan.i~r's , Lender's. lien status on any Property, Time is of the e',~se~.: Mortgagor and every tenant have ,';,~ of a Hazardous Substance occurs m,~,;, ~1 Law concerning the Property. In ,.(:e wi~h any Environmental Law. ~r has reason to believe there is any ~:tease or threatened release of any i,t~ or threatened action by private or ct~.-~d,~,~..;,rich, eminent domain, or any other ;..~,,.' of the above described actions or ,:.~n for damages connected with a .:,r{'.~;, ,ds will ~e considered payments and ~:eeds is subject to the terms of any ~,sks reasonably associated with the ~l~t to the preceding two sentences ~he insurance company, subject to :~olicies and renewals will include a :v loss. All insurance proceeds will Lender's option. If Lender acquires and proceeds will pass to Lender to '.,~io:.~ , !' i,-~' :.;,~ce. If Mortgagor fails to keep the '; i~,[,Fe,.1 :, the Property, This insurance may 'J,'~it~e~', b..' . ~::ompany other than one Mortgagor :,~:iF',Of~r c(:~!:. ~:>~Dtain if Mortgagor purchased the pay to Lender funds for taxes and ,:),~[ de ,..; F,. :dgn the Secured Debts, Mortgagor i,' {o s..:.cL~;~: ~;,yment of the Secured Debts and ,},; L'.,e!..{s. , this Security Instrument secures a ~ ',?aive m:'F ..:i~ts that may prevent Lender from :.~,i,:bte~.: un~. :.' the obligation. ~ These rights may ~: :~ wai, {.,.s :~ i,omestead exemption rights relating , :'/ ti,t. I~,~,...': ,¢1: Wyoming, except to the extent ,,., :,,; is; ,:;,1~, ~. ~md the United States of America. i:~ch P,,,'or !/t.:~r's obligations under this Security ':~:;~'~r. [ ,?,~ k, ~:~ay sue each Mortgagor individually i;art :i ;i',~ i:roperty and Mortgagor will still be :~'~[;'. Fh,.: ,i,~[ies and benefits of this Security :.~',,J~::~ a~::t l..'~.', .'..~agor. :.::it¥. I~ :;~:,,, ~ ,;~[ may not be amended or modified ':'~ lns:~u:~,,' ', is effective unless made in writing :,t is tt~,, .rnplete and final expression of the I,;:'oal:;i,: ,t:,... the unenforceable provision will be [i.~ iDl~r ~.:ll l',~e plural includes the singular. The . ~: ~o h~.e,,:,.'.',, or define the terms of this Security ' ,.'i.FI'$ ;, ,~-';~; otherwise required by law, a.ny :, ~i'. lc. [i~,:~ F,; :. ,. ;;priate party's address listed in the .: i~. wri~ n!;. : :ice to one party will be deemed to' :..', ,~i un', ci~;:.' ~. in Mortgagor's name, address or ;.~,/ 'I, ,u~.::i .. :~tatements or information Lender giw:., I.,: ~' will be correct and complete, . :nt:; .~ .:;~..i:ications that Lender may consider ~ ,:; ur: le~ ~: ': Security Instrument and to confirm KLN PAINTING iNC Wyoming Mortgage WY/4XXXKeely00600000003770022010803Y ©1996 Ba~kers ~; Initial~___. Rage 4 SIGNATURES. By signing, Mortgagor agrees to the 'term Mortgagor also acknowledges receipt of a copy of this Sec,.' ' ,.Lained in this Security Instrument. MORTGAGOR: KEVIN"L NESTER, PRESIDENT LENDER: First N~ Bank-Wey Penny Jones REal Estate Loan Officer, ACKNOWLEDGMENT. (Business or Entity) This instrument was acl~nowledged~before KEVIN L NESTER as PRESIDENT of KLN PAINTING INC!. My commission expires: (Lender Acknowledgment) This~' instrument was ackd~wledge~efor~ me t~ 'Penny Jones Real Estate Loan Off~ce~ofFirst~ation~ My commission expires: ~ ,. KLN PAINTING INC Wyoming Mortgage WY/4XXXKeelyO0600000003770022010803Y ©1996 Baakers S Initials .'~_ Page 5