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HomeMy WebLinkAbout875230Recording requested by: WELLS FARGO BANK, N.A. Whe,, to: '.:, 8 ? 5 2 3 0 Wells Fargo Bank, N.A. ~.J [ BILLINGS, MT 5910'"7 ' "~ DOCUMENT MANAGEMENT l'k'[~g'tP~4E State of tVyoming- · · 'Space Above This Line For Recordlnll Data REFERENCE #: 2003 ~ 84 2~D02 72 ACCOUNT #: MORTGAGE (With Future Advance Clause) 1. DATE AND PARTIES. The date of this Mortgage ("Security Instrument") is 0-7 / 2~ / 20D and the parties, their addresses and tax identification numbers, if required, are as follows: MORTGAGOR:CHAD G, DANA AND TERR E ANN.. DANA, HUSBAND AND WIFE [] If cheCked, refer to the attached Addendum incorporated herein, for additional Mortgagors their signatures and acknowledgments. LENDER: WELLS FARGO BANK, N.A. P. O. BOX 3155-7 BILLINGS, MT 5910-/ " 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Mortgagor's performance under this'Security Instrument, Mortgagor grants, bargains, conveys, mortgages and warrants to Lender, with power of sale, the following described property: SEE EXHIBIT 'A' The property is located in L I NCOLN at: (Comity) gO§ MUDDY STRING ROAD THAYNE, WY 8312-7 and parcel number of 3419131000640.0 together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now or at any time in the future be part of the real estate described above (all referred to~as "Properly"). 3, MAXIMUM OBLIGATION LIMIT. The total principal mnount secured by this Security Instrument at any one time shall not exceed $ 25,000. oo . This limitation of amount does not include interest and other fees and charges validly ~nade pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Lender's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred under the terms of the promissory note, revolving line of credit, contract, guaranty or other evidence of debt dated 0-7 / 2~ ~ 2OO ~ together with all amendments, extensions, modifications and renewals, and having a maturity date of 0-7 / 28 / 203 ~ B. All future advances from Lender to Mortgagor under such evidence of debt. All future advances are secured as if made on the date of this Security Instrument. Nothing in this Security Agree~nent shall constitute a commitment to make additional or future loans or advances which exceed the amount shown in Section 3. Any such commitment must be agreed tO in a separate writing. EQ150A (3/2001) C. All sums advanced and expenses incurred by Lender for insuring, preserving, or otherwise protecting the Property and its 'value and any other sums advanced, and expenses incurred by Lender under lhe terms of this Security Instrument. 5. PAYMENTS. Mortgagor agrees that all payments under the Secured Debt will be paid when due and in accordance with thc terms of the SecuYed De~ and this SecuriW Inst~ment. ~. P~OR SECU~TY INTE~STS. With regard to any other mortgage, deed of t~st, securiW agreement or other lien document that created a prior securiW interest or encumbrance on the Property, Mo~gagor agrees: A. To m~e all payments when due and to perform or comply with all covenants. B. To promptly deliver to Lender any notices that Mo~gagor receives from the holder. C. Not to allow any modification or extension of, nor to request any ~ture advances under any note or agreement secured by th~ lien document without Lender's prior written consent. 7. CLA~S AGAINST TITLE. Mo~gagor will pay all taxes, assessmenls, liens, encumbrances, lease payments, ground rents, utilities, and other charges r~lating to the Prope~ when due. Lender may require Morlgagor ~o provide to Lender copies of all notices lhat such amounls are due and the receipts evidencing Mortgagor's payment. Mo~gagor will defend title to the Property against any claims that would impair the lien of the SecuriW Instrument. Mo~gagor agrees to assign to Lender, as requested by Lender, any rights, claims or defenses Mo~gagor may have against pa~ies who supply labor or materials to maintain or improve the Prope~. 8. DUE ON SALE OR ENCUMB~NCE. Upon' sale, transfer, h~oth~cation, assi~m~nt or encumbrance, whether volunta~, in~olunta~, or by operation of law, of all or any pa~ of the Prope~ or any interest therein, then at its sole option, Lender may, by written notice to Mortgagor, declare all iobligations secured hereby immediately due and payable, except to th~ extent that such acceleration for and in such particular Circu~nstances where exercise of such a right by Lander is prohibited by law. 9. PROPERTY CONDITION, ALTE~TIONS AND INSPECTION. Mortgagor will keep the Property in good condition and make all repairs that are reasonably necessa~. Mortgagor shall not commit or allow any waste, impairment, or deterioration of the ProperW.. Mo~gagor will keep the Prope~ free of noxious weeds and grasses. Mo~gagor agrees that the nature of the occupancy and use will not substantially change without Lender's prior written consent. Mo~gagor will not permit any change in any license, restrictiv~ covenant or easement without Lender's prior written consent. Mo~gagor will noti~ Lender of all demands, proceedings, claims, and actions against Mo~gagor, and of any loss or damaSe to the Prope~ Lender or Lender's agents may, at Lender's option, enter the Prope~ at any reasonable time for the pu~ose of inspecting the Property. Lender shall give Mo~gagor notice at the time of or before an inspection specifying a reasonable pu~ose for lhe inspection. Any inspection of the Prope~ shall be entirely for L~nder's benefit and Mortgagor will in no way r~ly on L~nder's insp~clion. III. AUTHO~TY TO PERFO~. If Mortgagor fails to perform any du~ or any of th~ covenants contained in this Securi~, Inst~ment, L~nder may, without notice, perform or cause them to be p~fformed. Mo~gag0r appoints Lender as attorney in fact to sign Mo~gagor's name or pay any amount necessa~ for performance. L~nder's right to perform for Mortgagor shall not create an obligation to perform, and Lender's failure to perform will not preclude Lender 5om exercising any of Lender's other rights under the law or this S~curi~ Inst~ment. If any const~ction on lhe Prope~ is discontinued or not carried on in a reasonable manner, Lender may take all steps necessa~ to protect Lender's security interest in the Prope~, including completion of the const~ction. 11. ASSIGNMENT OF LEASES AND ~NTS. Mo~gagor irrevocably grants, bargains, conveys, mo~gages and warrants Lender as additional security ~1 the right, title and to any and all existing or ~ture leases, subleases, and any o~er written or verbal agreements for the use and occupancy of any potion of the Property, including any extensions, renewals, modifications or substitutions of such agree~nents (all referred to as "Leases") and ~ents, issues and profits (all refe~ed to as "Rents"). Mo~gagor will promptly provide Lender with l~e and correct copies of all existing and ~re Leases. Mo~gagor may collect, receive, enjoy and use the Rents so long as Mo~gagor is not in default under the terns of this Sec~ity Inst~ment. Mo~gagor agrees that this assignment is immediately effective between the pa~ies to this SecuriW Ins~ment. Mo~gagor agrees that this assignment is effective as to third parties when Lender t~es a~mative action prescribed by law, and that this assignment will remain in effect during any redemption period until the Secured Debt is satisfied. Mo~gagor agrees that L~nder may take actual possession of the prope~y without the necessity of commencing legal action and that actual possession is deemed to bccur when Lender, or its agent, notifies Mortgagor of default and demands that any tenant pay all ~lure Rents directly to Lender. On receiving notice of default, Mortgagor will ~ndorse and deliver to Lender any payment of Rents in Mo~gagor's possession and will receive any Rents in t~st for Lender and will not commingle the Rents with any olher ~nds. Any amounts collected will be applied as provided in this Security Inst~ment. Mortgagor warrants that no default ex;sis under the Leases or any applicable landlor~t~nant law. Mortgagor also agrees to maintain and require any tenant to comply with terms of the Leases and applicable law. 1~. LEASEHOLDSi CONDOMINIUMSi PLANNED UNIT D~VELOPMENTS. Mo~gagor agrees to comply wifl~ the provisions of any lease if this Securily Inst~ment is on a leasehold. If lhe prope~ is a unit in a Condominium Project or is pa~ of a Planned Unit Development ("PUD"), Mo~gagor agrees to the following: A. Obligations. Mo~gagor shall perform all of Morlgagor's obligations under the Constituent Documents. The "Constituent Documents" ar~ the: (i) Declaration or any other document which creates ~e Condominium Projects or P'~ and any homeowners association or equivalent entiW ("Owners Association"); (ii) by-laws; (iii) code of re~lations; and (iv) other EQi~0B (3/2001) equivalent documents. Mortgagor shall promptly pay, when due, all dues and assessments imposed pursuant to the Constituent Documents. B. Hazard Insurance. So long as the Owners Association maintains, with a generally accepted insurance carrier, a "master" or "blanket" policy on the Condominium Project or PUD which is satisfactory to Lender and which provides insurance coverage in the amounts, for the periods, and against the hazards Lender requires, including fire and hazards included within the term "extended coverage," then Mortgagor's obligation under Section 19 to maintain .hazard insurance coverage on the Property is deemed satisfied to the extent that the required coverage is provided by the Owner's Association policy. Mortgagor shall give Lender prompt notice of any lapse in required hazard insurance coverage. In tile event of a distribution of hazard insurance proceeds in lieu of restoration or repair following a loss to Property, whether to the unit or to common elements, any proceeds payable to Mortgagor are hereby assigned and shall be paid to. Lender for application to the sums secured by this Security Instrument, with any excess paid to Mortgagor. C, Flood Insurance. Mortgagor agrees to maintain flood insurance for the life of the Secured Debt which is acceptable, as to form, amount and extent of coverage t.0 Lender. D. Public Liability Insurance. Mortgagor shall take such actions :as may be reasonable to insure that the Owners Association maintains a public liability, insurance policy acceptable in form, amount, and extent of coverage to Lender. E, Condemnation[ The proceeds of any award or'claim for damages, direct or consequential, payable to Mortgagor in connection with any condemnation or other taking of ~ill or any part of the Property, whether of the unit or of the common elements, or for any conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lender. Such proceeds shall be applied by Lender to the sums secured by the Security Instrument as provided in Section 18. F. Lender's Prior Consent. Mortgagor shall not, except after notice to Lender and with Lender's prior written consent, either partition or subdivide the Property or consent to: (i) the abandonment or termination of the Condominium Project or PUD, except for abandonment or termination required by law in the case of substantial destruction by fire or other casualty or in the case of a taking by condemnation or eminent domain; (ii) any amendment to any provision of the Constituent Documents if tl~e provision is for the express benefit of Lender; (iii) termination of professional management and assumption of self- management by tile Owners Association; or (iv) any action which would, have the' effect of.. rendering thc public liability insurance coverage maintained by the Owners Association unacceptable to Lender. G. Remedies. If Mortgagor does not ~ay condominium or PUD dues ahd assessments when due, then Lender ~nay pay them. Any amounts disbursed by Lender under this section shall become additional debt of Mortgagor secured by this Security Instrument. Unless Mortgagor and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Secured Debt rate and shall be payable, with interest, upon notice from Lender to Mortgagor requesting payment. 13. DEFAULT, Mortgagor will be in default if any party obligated on the Secured Debt fails to make payment when due. Mortgagor will be in default if a breach occurs under the terms of this Security Instrument or any other document executed for the purpose of creating,, securing or guarantying the Secured Debt. A good faith belief by Lender that Lender at any time is insecure with respect to any person or entity obligated on the Secured Debt or that the prospect of any payment or the value of tile Property is impaired shall also constitute an event of default. 14. REMEDIES ON DEFAULT. In some instances, federal and state law will require Lender to provide Mortgagor with notice of the right to cure or other notices and may establish time schedules for foreclosure actions. Subject to these limitations, if any, Lender may accelerate the Secured Debt and foreclose this Security Instrument in a manner provided by law if Mortgagor is in default. At the option of Lender, all or any part of the agreed fees and charges, accrued interest and principal shall become immediately due and payable, after giving notice if required by lax;,, upon the occurrence of a default or anytime thereafter. In addition, Lender shall be entitled to all the remedies provided by law, the terms of the Secured Debt, this Security Instrument and any related documents, including without limitation, the power to sell the Property. All remedies are distinct, cumulative and not exclusive, and the Lender is entitled to all remedies provided at law or equity, whether or not expressly set forth. The acceptance by Lender of any sum in payment or partial payment on the Secured Debt after the balance is due or is accelerated or after foredlosure proceedings are filed shall not constitute a waiver of Lender's right to require complete cure of any existing default. By not exercising any remedy on Mortgagor's default, Lender does not waive Lender's right to later consider the event a default if it continues or happens again. 15. EXPENSES;.ADVANCES ON COVENANTS; ATTORNEYS' FEES; COLLECTION COSTS. Except when prohibited by law, Mortgagor agrees to pay all of Lender's expenses if Mortgagor breaches any covenant in this Security Instrument, Mortgagor will also pay on demand any amount incurred by Lender for insuring, inspecting, preserving or otherwise protecting the Property and Lender's security interest. These expenses will bear interest from the date of the payment until paid in full at the highest interest rate in effect as provided in the terms of the Secured Debt. Mortgagor agrees to pay all costs and expenses incurred by Lender in collecting, enforcing or protecting Lenders' rights and remedies under this Security Instrument. This amount may include, but is not limited to, attorneys' fees, court costs, and other legal expenses. This amount does not include attorneys' fees for a salaried employee of the Lender. This Security Instrument shall remain in effect until released. Mortgagor agrees to pay for any recordation costs of such release. EQ150C (3/2001) 0875230 5 31 16. ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES. As used in this section, (1) Environmental Law means, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA, 42 U.S.C. '9601 et seq.), and all other federal, state and local laws, regulations, ordinances, court orders, attorney general opinions or interpretive letters concernin~ the public health, safety, welfare, environment or a hazardous substance; and (2) Hazardous Substance means any toxic, radioactive or hazardous material, waste, pollutant or contaminant which has characteristics which render the substance dangerous or potentially dangerous to the public health, safety, welfare or environment. The term includes, without limitation, any substances defined as "hazardous material," "toxic substances," "hazardous waste" or "hazardous substance" under any Environmental Law. Mortgagor represents, warrants and agrees that: A. Except as previously disclosed and acknowledged in writing to Lender, no Hazardous Substance is or will be located, stored or released on or in the Property. This restriction does not apply to small quantities of Hazardous Substances that are generally recognized to be appropriate lbr the normal use and maintenance of the Property. B. Except as previously disclosed and acknowledged in writing to Lender, Mortgagor and every tenant have been, are, and shall remain in full compliance with any applicable Environmental Law. C. Mortgagor shall immediately notify Lender if a release or threatened release of a Hazardous Substance occurs on, under or about the Property or there is a violation of any Environmental Law concerning the Property. In such an event, Mortgagor shall take all necessary remedial actiOn in accordance with any Environmental Law. D. Mortgagor shall immediately notify Lender in writing as soon as Mortgagor has reason to believe there is any pending or threatened investigation, claim, or proceeding relating to the release or threatened release of any Hazardous Substance or the violation of any Environmental Law. 17. CONDEMNATION. Mortgagor will give Lender prompt notice of any pending or threatened action, by private or public entitles to purchase or take any or all of the Property through condemnation, eminent domain, or any other means. Mortgagor authorizes Lender to intervene in Mortgagor' name in any of the 'above described actions or claims. Mortgagor assigns to Lender the proceeds of any award or claim for damages connected with a condemnation or other taking of all or any part of the Property. Such proceeds shall be considered payments and Will be applied as provided in this Security Instrument. This assignment of proceeds is subject to the terms of any prior mortgage, deed of trust, security agreement or other lien document. 18. INSURANCE. Mortgagor shall keep Property insured against loss by fire, flood, theft and other hazards and risks reasonably associated with the Property due to its type and location. This insurance shall'be maintained in the amounts and for the periods that Lender requires. The insurance carrier providing the insurance shall be chosen by Mortgagor subject to Lender's approval, which shall not be unreasonably withheld. If Mortgagor fails to maintain the coverage described above, Lender may, at Lender's option, obtain coverage to protect Lender's rights in the Property according to the terms of this Security Instramentl All insurance policies and renewals shall be acceptable to Lender and shall include a standard "mortgage clause" and, where applicable, "loss payee clause." Mortgagor shall immediately notify Lender of cancellation or termination of the insurance. Lender shall have the right to hold the policies and renewals. If Lender requires, Mortgagor shall immediately give to Lender all receipts of paid premiums and renewal notices. Upon loss, Mortgagor shall give immediate notice to the insurance carrier and Lender. Lender may make proof of loss if not made immediately by Mortgagor. Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to the Secured Debt, whether or not then due, at Lender's option. Any application of proceeds to principal shall not extend or postpone the due date of the sCheduled payment nor change the amount of any payment. Any excess will be paid to Mortgagor. If the Property is acquired by Lender, Mortgagor's right to any insurance policies and proceeds resulting from damage to the Property before the acquisition shall pass to Lender to the extent of the Secured Debt immediately before the acquisition. 19. ESCROW FOR TAXES AND INSURANCE, Unless otherwise provided in a separate agreement, Mortgagor will not be reqt/ired to pay to Lender funds for taxes and insurance in escrow. 20. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Mortgagor will provide to Lender upon request, any financial statement or information Lender may deem reasonably necessary. Mortgagor agrees to sign, deliver, and file any additional documents or certifications that Lender may consider necessary to perfect, continue, and preserve Mortgagor's obligations~under this Security Instrument and Lender's lien status on the Property. 21. JOINT AND INDIVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. If Mortgagor signs this Security Instrument but does not sign an evidence of debt, Mortgagor does so only to mortgage Mortgagor's interest in the Property to secure payment of the Secured Debt and Mortgagor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between Lender and Mortgagor, Mortgagor agrees to waive any rights that may prevent Lender frown bringing any action or claim against Mortgagor or any party indebted under the obligation. These rights may include, but are not limited to, any anti-deficiency or one,action laws. Mortgagor agrees that Lender and any party to this Security Instrument may extend, modify or make any change m the terms of this Security Instrument or any evidence of debt without Mortgagor's consent. Such a change will not release Mortgagor from the terms of this Security Instrument. The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Mortgagor and Lender. 22. APPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrument is governed by the laws of the EQ150D (3/2001) jurisdiction in which the Property is locatedl except to the extent otherwise required by the laws of the jurisdiction where the Property is located. This Security Instrument is complete and fully integrated. Tlds Security Instrument may not be amended of modified by oral agreement. Any section in tiffs Security Instrument, attachments, or any agreement related to the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the variations by written agreement. If any section of this Security Instrument cannot be enforced according to its terms, that section Will be severed and will not affect the .enforceability of the remainder of this Security Instrument. Whenever used, the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security Instrument are for convenience only and are not to be used tO interpret or define the terms of this Security Instrument. Time is of the essence in this Security Instru~nent. In the event any section of this Security Instrument directly conflicts with any section of a certain Home Equity Closing Handbook which contains the Account Agreement Terms and Conditions (as applicable), Fixed Rate Note Terms and Conditions (as applicable), the Arbitration Agreement, and the Agreement to Provide Flood/Property Insurance, all of which I agree to by signing this Security Instrument, the terms of lhe Home Equity Closing Handbook shall control. 23. NOTICE. Unless otherwise required by lmy, any notice shall be given by delivering it or by mailing it by first class mail to the appropriate party's address on page 1 of this Security Instrument, or as shown in Lender's records, or to any other address designated in writing. 24. WAIVERS. Except to the extent prohibited by law, Mortgagor waives any right regarding the marshalling of liens and assets, and hereby releasing and waiving all rights under and by' virtue of the homestead exemption laws of this state. 25. OTHER TERMS. If checked, the following are applicable to this Security Instrument: Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be reduced to a zero balance, this Security Instrument will remain in effect until released. Construction Loan. This Security Instrument secures an obligation incurred for the construction of an improvement on the Property. ~ Fixture Filing. Mortgagor grants to Lender a security interest in all goods that Mortgagor owns now or in the future and that are or will become fixtures relates to the Property. This Security Instrument suffices as a financing statement and any carbon~ photographic or other reproduction may be filed ~ofrecord'for purposes of Article 9 of the Uniform Commercial Code. ~7Z] Additional Terms. SIGNATURES: By signing below, Mortgagor agrees to the terms and covenants contained in this Security Instrument and in any attachments. Mortgagor also acknowledges receipt ora copy of this Security Instrument on the date stated on page 1. CHAD O DANA Mortgagor Date TERR I E ANN DANA Mortgagor ' Date Mortgagor Date Mortgagor Date Mortgagor Date Mortgagor Date EQ150E (3/2001) ACKNOWLEDGMENT: 5 3 3 (Individual) STATE OF /A~)'~/t~ f~4,.I ~ COUNTY OF L[lq.(jO (eI The foregoinginstrument was acknowledged before me by & ~C~l t~ b c4,n ct , this '~2- L, day of ..... .1 t~. ~j , ~_C)Ct Witness my hand and official seal. (S'~lture of Officer) (Title of Officer~ My Colmnission Expires: ] O/*g/Clq (seal) ACKNOWLEDGMENT: (Individual) STATE OF ~l / ~ ~,~ COUNTY OF The foregoing instrument was acknowledged before this %b day of I Wimess my hand and official seal. [( S~ '~ at~ ~itlo of Officer) I My Commission Expires: Page 1 of 2 . 534 Exhibit "A" Loan #: 20011842600272 THE FOLLOWING DESCRIBED REAL pROPERTY LOCATED IN THE COUNTY OF LINCOLN, STATE OF WYOMING, DESCRIBED AS FOLLOWS: A PORTION OF SECTION 13, T34N-Rl19W OF THE 6TH P.M., LINCOLN COUNTY, WYOMING, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT IN THE EAST LINE OF SAID SECTION 13, SAID POINT BEING NORTH 762.87 FEET FROM THE SOUTHEAST CORNER OF THE NE1/4-SE1/4 OF SAID SECTION 13;, THENCE RUNNING S 87 D~GREES 15 MINUTES 16 SECONDS W, 247.02 FEET; THENCE N 0 DEGREES 24 MINUTES 16'SECONDS W, 173.90 FEET; THENCE N 70 DEGREES 24 MINUTES 49 SECONDS W, 267.02 FEET; THENCE S 81 DEGREES 57 MINUTES 02 SECONDS W, 573.87 FEET; THENCE S 4 DEGREES 43 MINUTES E, 390.47 FEET; THENCE S 87 DEGREES 02 MINUTES 50 SECONDS W, 1169.1 FEET; THENCE N 9 DEGREES 54 MINUTES 04 SECONDS W, 241.02 FEET; THENCE S 83 DEGREES 12 MINUTES 04 SECONDS W, 412.89 FEET; THENCE N 1 DEGREE 37 MINUTES 02 SECONDS E, 620.43 FEET; THENCE N 63 DEGREES 12 MINUTES 37 SECONDS E, 355.40 FEET; THENCE S 89 DEGREES 01 MINUTE 41 SECONDS E, 2320.20 FEET TO SAID EAST LINE OF SAID SECTION 13; THENCE SOUTH ALONG SAID EAST LINE 651.41 FEET TO THE POINT OF BEGINNING.' ALSO LESS AND EXCEPT THE FOLLOWING DESCRIBED LAND: A PORTION OF THE SOUTH HALF OF SECTION 13 AND A PORTION OF THE SOUTH HALF OF THE SE 1/4 OF SECTION 14, BOTH OF T34N Rll9W OF THE 6TH P.M., LOCATED NORTHEASTERLY FROM THE TOWN OF THAYNE, LINCOLN COUNTY, WYOMING AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A BLM TYPE MONUMENT BEING SET AT THE CENTER SOUTH 1/16 CORNER OF SAID SECTION 14 AND RUNNING N 0 DEGREES 03 MINUTES 32 SECONDS E, ALONG THE WEST LINE OF SAID SE 1/4, 143.10 FEET TO THE EASTERLY RIGHT-OF-WAY LINE OF THE EAST SIDE CANAL; THENCE N 80 DEGREES 16 ~MINUTES 41 SECOND E, CONTINUING ALONG SAID RIGHT-OF-WAY 232.67 FEET; THENCE N 62 DEGREES 56 MINUTES 01 SECOND E, 184.54 FEET; THENCE N 38 DEGREES 58 MINUTES 42 SECONDS E, 78.53 FEET; THENCE N 42 DEGREES 59 MINUTES 20 SECONDS E, 179.41 FEET; THENCE N 12 DEGREES 24 MINUTES 15 SECONDS W, 119.93 FEET; THENCE N 42 DEGREES 34 MINUTES 50 SECONDS W, 189.38 FEET; THENCE N 35 DEGREES 19 MINUTES 13 SECONDS W, 69.92 FEET TO A FENCE LINE; THENCE N 86 DEGREES 35 MINUTES 37 SECONDS E, ALONG THE LINE OF A FENCE, 3587.67 FEET; THENCE S 0 DEGREES 37 MINUTES 56 SECONDS W, 328.82 FEET; THENCE S 88 DEGREES 52 MINUTES 17 SECONDS E, 1308.02 FEET; THENCE N 82 DEGREES 48 MINUTES 04 SECONDS E, 414.03 FEET; THENCE S 10 DEGREES 24 MINUTES 22 SECONDS E, 240.81 FEET; THENCE N 86 DEGREES 38 MINUTES 11 SECONDS E, 1170.27 FEET; THENCE N 4 DEGREES 51 MINUTES 08 SECONDS W, 392.71 FEET; THENCE N 81 DEGREES 40 MINUTES 45 SECONDS E, 573.12 FEET; THENCE ~ 70 DEGREES 36 MINUTES 18 SECONDS E, 131.02 FEET THENCE S 30 DEGREES 41 MINUTES 58 SECONDS E, 254.02 FEET; THENCE S 1 DEGREE 25 MINUTES 43 SECONDS E, 175.68 FEET; THENCE EAST 247.85 FEET TO THE EAST LINE OF SAID SECTION 13; THENCE S 0 DEGREES 03 MINUTES 04 SECONDS E, ALONG LAST SAID EAST LINE 573.37 FEET TO THE SOUTHWEST CORNER OF THE NE 1/4 SE 1/4; THENCE N 89 DEGREES 43 MINUTES 10 SECONDS W 1314.76 FEET; THENCE N 89 DEGREES 40 MINUTES 39 SECONDS W, 1321.76 FEET; THENCE S 2 DEGREES 27 MINUTES 30 SECONDS E, 579.13 FEET; THENCE S 0 DEGREES 32 MINUTES 22 SECONDS W, 274.68 FEET; THENCE N 89 DEGREES 28 MINUTES 16 SECONDS W, 1979.55 FEET; THENCE N 0 DEGREES 52 MINUTES 18 SECONDS E, 850.25 FEET; THENCE S 89 DEGREES 25 MINUTES 24 SECONDS W, 707.38 FEET; THENCE S 89 DEGREES 25 MINUTES 18 SECONDS W, 364.06 FEET; THENCE S 89 http://securent7.infoboard.net/datapro/ols/lega13.asp?ID=235872&MaxLength=75 7/12/01 DEGREES 39 MINUTES 52 SECONDS W, 498.20 FEET; THENCE S 89 DEGREES 14 53~ MINUTES 26 SECONDS W, 438.02 FEET; THENCE S 89 DEGREES 56 MINUTES 20 SECONDS W, 585.76 FEET; THENCE N 89 DEGREES 25 MINUTES 37 SECONDS W, 745.04 FEET TO THE FIRST SAID WEST LINE OF SAID SE 1/4 OF sEcTION 14; THENCE N 0 DEGREES 03 MINUTES 32 SECONDS E, 5.76 FEET TO THE POINT OF BEGINNING. http://se~}![_~¢,[,7.,.infoboard.net/datapro/ols/lega13.asp.~!~._-235872&MaxLength=75 7/12/01