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Home My WebLink About890289$51,196.86 BOOK ,.)~,~e4: PR PACE RECEIVED LINCOLN COUNTY CLERK 03 ~,~v 30, -'," q: ,.. :,.,;,,[r.;.::n],~.r ' '" ;:': THA ~E, ~ May,~l 2003 FOR ?ALUERECEIVED, the undersigned WAN E. WOLFLEY and SUSAN WOLFLEY, husband and wife, of Star Route 1, P. O. Box 490, Thayne, County of Lincoln, State of Wyoming, (hereafter "Borrower") promises to pay to THE ADA CLARICE WOLFLEY IRREVOCABLE LIVING TRUST, LANECE DAY and MARK WOLFLEY, Trustees, dated May 21,2003, (hereafter "Noteholder") or order the principal sum of fifty thousand, one hundred, seventy dollars and four cents ($50,170.04), payable to THE ADA CLARICE WOLFLEY IRREVOCABLE LIVING TRUST, LANECE DAY and MARK WOLFLEY, Trustees, dated May 21,2003, in the following manner: 1. Upon the execution of this Promissory Note and Mortgage of even date, the Borrower will pay to the Noteholder the amount of fifty thousand, one hundred, seventy dollars and four cents ($50,170.04) plus interest in the amount of seven percent (7%), which will be paid to THE ADA CLARICE WOLFLEY IRREVOCABLE LIVING TRUST, LANECE DAY and MARK WOLFLEY, Trustees, dated May 21,2003. 2. The Borrower shall pay a monthly fee of eight hundred ($800.00) dollars per month to the Trust until the principal and interest agreed upon is paid in full. 3. The principal and interest shall be paid and applied pursuant to the Page 1 of 4 Amortization Schedule attached as "Exhibit A" made part of this document by reference and incorporation. 4. The Borrower may prepay the principal amount in whole or in part at any time without Penalty. Any partial prepayment shall be applied against the principal amount outstanding and shall not postpone the due date of any subsequent monthly installments or change the amounts of such installments, unless the Noteholder shall agree in writing. 5. If any payment is made more than 15 days after the date due the Borrower shall pay an additional twenty-five dollars ($25.00) in the form of a late payment charge. ADDITIONAL TERMS If any installment under this note is not paid when due and remains unpaid after a date specified by a notice to Borrower, the entire principal amount outstanding and accrued interest thereon shall at once become due and payable at the option of the Noteholder. The date specified shall not be less than thirty (30) days from the date such notice is mailed. The Noteholder may exercise this option to accelerate during any default by Borrower regardless of any prior forbearance. If suit is brought to collect this note, the Noteholder shall be entitled to collect all reasonable costs and expenses of suit, including, but not limited to, reasonable attorney's fees. Presentment, notice of dishonor, and protests are hereby waived by all makers, sureties; guarantors, and endorsers hereof. This note shall be the joint and several obligation of all makers, sureties, guarantors, and endorsers, and shall be binding upon them and their successors and assigns. Bowers Law Office, P.C. P.O. Box 1550 Afion, Wyoming 83110 307-885-064 Page 2 of 4 '3! Any notice to Borrowe~ provided.for in this note shal~ be given by mailing such notice by regular ~.S. ~ail, postage prepaid, addressed to Borrower at the address stated below, or to such other address as Borrower may designate by notice to the Noteholder. Any notice to the No~eholder shall be given by mailing such notice by regular U.S. mail, postage prepaid, to the Noteholder at the address stated in the first paragraph of this note, or at such other address as may have been designated by notice to Borrower. Notices are deemed given on the date placed in the U.S. mail, postage prepaid. This debt evidenced by this Note is secured by a Mortgage of even date and reference is made to the Mortgage for additional rights as to acceleration of the indebtedness evidenced by this note. If any provision, or any part of any provision of this Note is invalid under the laws of Wyoming the provision in part thereof shall be ineffective to the extent of its invalidity, under the applicable law without invalidating the remainder of the provision or other provisions of this Note. This Note has been made and delivered in the State of Wyoming and shall be construed in accordance with the laws of Wyoming. Bowers Law Office, P.C. P.O. Box 1550 Afion,' ~Vyoming 83 ] I 0 307-885-064 Page 3 of 4 BORROWER WAN E. and SUSAN WOLFLEY Star Route 1 P. O. Box 490 Thayne, WY 83127 132 NOTEHOLDER THE ADA CLARICE WOLFLEY IRREVOCABLE LIVING TRUST, LANECE DAY and MARK WOLFLEY, Trustees, dated May 21, 2003. DATED this day of May, 2003. WANE. WOLFL~ J SUSAN WOLFLEY // ~ STATE OF WYOMING COUNTY OF LINCOLN The foregoing was acknowledged before my by WANE. WOLFLEY and SUSAN WOLFLEY, this __ day of May, 2003. WITNESS my hand and official seal. My commission expires: NOTARY P UBL~[C~ Bowers Law Office, P.C. P.O. Box 1550 Afion, Wyoming 83110 307-885-064 Page 4 of 4 o5/~i/2o~3 i6:36 Amortize tion 307-885-000~ BANK OF Amortization SV 133 Borrow er name Addres:', Loan al~mber Da~ ' Amoimt Payment Principal Interest Remaining Balance 05-22-~,003 Fixed Rate 05-22- ~.003 Funding' 06-10-2003 P,,egular Pmt 07-10-2003 Regular Prat 08-10-2003 Regular Pmt 09-10-2003 Regular Pmt 10-10- 2003 Regular Pmt 11-10-2003 Regular Prat 12-10-2003 Regular Prat 7.000 50,170.04 8O0.0O 800.00 800.0O 800.00 80O.00 800.O0 800.00 617.19 514.90 508.46 511.48 523.73 517.64 529.72 182.81 285.10 291_54 288.52 276.27 282.36 270.28 50,170.04 49,552.85 49,037.95 48,529.49 48,018.01 47,494.28 46,976.64 46,446.92 2003 %~tals: 01-10-2004 Regular Pmt 02-10-2004 Regular Pmt 03-10-2004 Regular Prat 04-10- 2004 Regular Pmt 05-10..2004 Regular Pmt 06-10.2004 Regular Prat 07-10.-2004 Regular Pmt 08-10..2004 Regular Pmt 09-10.2004 Regular Pmt 10-10.2004 Regular Prat 11-10-2004 Regular Pmt 12-10-2004 Regular Pmt 5,600.00 800.00 8OO.O0 800.00 800.O0 800.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00 3,723.12 523.86 526.98 547.52 533.37 545.04 539.78 551.28 546.26 549.51 560.75 556.11 567.18 1,876.88 276.14 273.O2 252.48 266.63 254.96 26O.22 248.72 253.74 250.49 239.25 243.89 232.82 45,923.06 45,396.08 44,848.56 44,315.19 43,770.15 43,230.37 42,679_09 42,132.83 41,583.32 41,022.57 40,466.46 39,899.28 2004 ~Iotals: 01-104005 Regular Pmt 02-10-2005 Regular Pmt 03-10-2005 Regular Prat 04-10-2005 Regular Prat 9,600.00 800.00 800.00 800.00 800.00 6,547.64 562.79 566.14 591.81 573.02 3,052.36 237.21 233.86 208.19 226.98 39,336,49 38,770.35 38,178.54 37,605.52 file:,'/c' "~ m, lD OWS\TEMP\t_Amortization.rpt 5/21/03 Amortiz~tion 05-].0-:'.005 06-10-200~ 07~10-200~ 08-10-:!00~ 09-10<!005 10-10<~005 11-10-2005 12-10-g005 387-885-8882 Regular Prat Regular Prat Regular Prat Regular Prat Regular Pmt Regular Prat Regular Prat Regular Prat 800.0O 800.0O 800.00 800.O0 800.00 800.00 8O0.00 800.00 BANK OF SV 583.64 579.90 590.33 586.85 590.34 600.50 597.42 607.40 216.36 220:10 209.67 213.15 209.66 199.50 202.58 192.60 i34 PAGE 82/83 Page 2 of 3 37 021.88 36.441.98 35.851.65 35.264.80 34.674.46 34 073.96 33,476.54 32,869.14 2005 Totals: 01-10-2006 02-10-2006 03-10-2006 04-10-2006 05-10-2006 06-10-2006 07-10-2006 08-10.2006 O9-1020O6 10-10-2006 11-10.2006 12-10..2006 Regular Prat. Regular Prat Regular Prat Regular Prat Regular Prat Regular Prat Regular Prat Regular Pmt Regular Pmt Regular Prat Regular Prat Regular Prat 9,600.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00 80O.00 800.00 800.O0 800.00 800.00 7,030.14 604.59 608.18 630.01 615:54 625.03 622.92 632.21 630.38 634.13 643.13 641.72 650.52 2,569.86 195.41 191.82 169.99 184.46 174.97 177.08 167.79 169.62 165.87 156.87 158.28 149.48 32,264.55 31,656.37 31,026.36 30,410.82 29,785.79 29,162.87 28,530.66 27,900.28 27,266.15 26,623.02 25,981.30 25,330.78 2006 Totals: 01-10.2007 Regular Prat 02-10-2007 Regular Prat 03-10.2007 Regular Pmt 04-10-2007 Regular Pmt 05-10-2007 Regular Prat 06-10-2007 Regular Prat 07-10-2007 Regular Prat 08-10-2007 Regular Prat 09-10-2007 Regular Pmt 10-10-2007 Regular Prat 11-1C-2007 Regular Pmt 12-1C-2007 Regular Prnt 9,600.O0 800.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00 80O.00 800.00 800.00 800.00 7,538.36 649.40 653.26 670,97 661.14 669.42 669.05 677.12 677.05 681.08 688.83 689.22 696.76 2,061.64 150.60 146.74 129.03 I38.86 130.58 130.95 122.88 122.95 118.92 111.17 110.78 103.24 24,681.38 24,028.12 23,357.15 22,696.01 22,026.59 21,357.54 20,680.42 20,003.37 19,322.29 18,633.46 17,944.24 17,247.48 2007 2'otals: 01-1(,-2008 Regular Prat 9,600.00 800.00 8,083.30 697.46 1,516.70 102.54 16,550.02 file://C :\WI/',ID OWS\TEMY\t_Amottization.rpt 5/21/03 02-10-2008 03-10-2008 04-10-2008 05-10-2008 06-10-2008 07-10-2008 08-10-2008 09-10-2008 10-10-2008 11-1.0-:!008 12-10-2008 Regular Pmt Regular Pmt R, gular Prat Regular Prat Regular Prat Regular ?mt Regular Pmt Regular Pmt Regular Prat Regular Prat Regular Prat 800.00 800.00 800.00 800,00 800.00 800.00 800.00 800.00 8O0.00 800.O0 80O.OO BANK OF SV 701.61 711.86 710.01 717.00 718.49 725.26 727.08 731.40 737.82 740.13 746.32 98.39 88.14 89.99 83.00 81.51 74.74 72.92 68.60 62.18 59.87 53,68 I35 PAGE 03103 Page 3 of 3 15,848.41 15,136.55 14,426.54 13,709.54 12,991.05 12,265.79 11,538.71 10,807.31 10,069.49 9,329.36 8,583.o4 2008 Tc.mls: 01-t0-.Z009 02-10-Z009 03-10-2009 04-10-2009 05-10-Z009 06-10-2009 07-10-2009 08-10.2009 09-10-2009 10-10-2009 11-10.2009 Regular Pmt Regular Prat Regular Pmt Regular Pmt Regular Prat Regular pmt Regular Pmt Regular Prat Regular Prat Regular Prat Regular Prat 9,600.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00 800.00 888.55 8,664.44 748.97 753.42 761.98 762.43 768.03 771.53 776.89 780.74 785.38 790.37 883.30 935.56 51.03 46.58 38.02 37.57 31.97 28.47 23.11 19.26 14.62 9.63 5.25 7,834.07 7,080.65 6,318.67 5,556.24 4,788.21 4,016.68 3,239.79 2,459.05 1,673.67 883.30 0.00 2009 Totals: Lom~ Totals: Pr/nted on: 05-21-2003 8,888.55 62,488.55 8,583.04 50,170.04 305.51 12,318.51 file:/, .... ;:"-,rDOWS\TEIvlP\t_Amortizat/on.rpt :.::~.:~ W21/03