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HomeMy WebLinkAbout904808After Recording Return To~ FLAGSTAR BANK 5151 CORPORATE DRIVE TROY, MI 48098 FINAL DOCUMENTS, MAIL STOP W-530-3 Vl WBCD LOAN # 500357652 RECEIVED 11/24/20{~4 at 2:59 PM RECEIVING # 90-f808 BOOK: 573 P,'~,<._;E: 428 JEANNE VVAGNER LINCOLN COUNTY CLEt?.K KEMMERER, VVY [Space Above This Line For Rec(.~dmg Data] MORTGAGE IMIN 100052550035765261 ] DEFINITIONS Words used in multiple sections of this document are defined below ,~ ~t other words are defined in Sections 3, 11, 13, 18, 20 and 21. Certain rules regarding the usage of words used in tiff:; document are also provided in Section 16. (A) "Security Instrument" means this document, which is dated re)VEt,ruER 19,. 2004, together with all Riders to this document. (B) "Borrower" is PATRICIA A MOBLEY Single Woman, AS HER SOLE & SEPARATE PROPERTY. Borrower is the mortgagor under this Security Instrument. (C) "MERS" is Mortgage Electronic Registration Systems, Inc. MER',; i:; a separate corporation that is acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the mortgagee under this Security Instrument. MERS is organized and existing under the laws of Delaware, and I-~,,~ ~m address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS. (D) "Lender" is ALLIED HOME MORTGAGE CAPITAL CORPORATION. Lender is a CORPORATION, under the laws of TEXAS. 724 N MAIN ST, POCATELLO, ID 83204. organized and existing Lender's address is (E) "Note" means the promissory note signed by Borrower and clal,_~t NOVEMBER 19, 2004. The Note states that Borrower owes Lender ***********ONE HUNDRED 'I'tt[~.EE TtIOUSAND FIVE HLINDRED AND NO/100 ************************************************* .... *'**** Dollars (U.S. $103,500,0o ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than DECEMBER 1, 203~. (F) "Property" means the property that is described below under tl,~; heading "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any I}~ c, payment charges and late charges due under the Note, and all sums due under this Security Instrument, plus int(:-r~t. (H) "Riders" means all Riders to this Security Instrument that are ex(.,~:utod by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: ~ Adjustable Rate Rider ~ Condominium Rider ~ Second Home Rider ~ Balloon Rider I----I Planned Unit Development hider ~ Other(s) [specify] ~ 1-4 Family Rider [----] Biweekly Payment Rider ~ V.A. Rider (I) "Applicable Law" means all controlling applicable federal, st~tt~? 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. (J) "Community Association Dues, Fees, and Assessments" mean:; all clues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominiun] ;~,.;sociation, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, oth~ ti)an a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic termimd telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit ~r credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine tr:.t~)r;actions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Secti{)l~ 3~ (M) "Miscellaneous Proceeds" means any compensation, settlem~:.nt, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the covera9~_~; described in Section 5) for: (i) damage to, or WYOMING-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT t .,,,, 3051 1/01 Init ials :~ ~ ~ © 1999-2004 Online Documents, Inc. Page I of 8 ~--WYI~DEED- %0402 11-19-2004 16:14 V1 WBCD LOAN # 500357652 destruction of, the Property; (ii) condemnation or other taking of all ~. ~ny part of the Propertyl (iii) conveyance in ~ieu of condemnation; or (iv) misrepresentations of, or omissions as to ~lle value asd/or coud~]on of ~he Rmperty. (N) "Mortgage Insurance" means insurance protecting Lender a(j;~l,)st the nonpayment of, or default on, the Loan. (O) "Periodic Payment" means the regularly scheduled amount (1~,_, I~,' (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (P) "RESPA" means the Real Estate Settlement Procedures Act (12 U,S.C. {2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be ;,~uncted from time to time, or any additional or successor legislation or regulation that governs the same subject m dh:,r, As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in rega~<i t<¢ a "federally related mortgage loan" even if the Loan does not quali~ as a "federally related mortgage loan" unde~ RESPA, (Q) "Successor in Interest of Borrower" means any party that has taken title to the Prope~y, whether or not that party has assumed Borrower's obligations under the Note and/or this S~'~:L~ity Instrument. TRANSFER OF RIGHTS IN THE PROPER~ This Security Instrument secures to Lender: (i) the repayment of the L~,, ~, and all renewals, extensions and modifications of the Note; and (ii) the pedormance of Borrower's covenants ancl a~i~ (~oments under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, grant and ( ~¢~vey to MERS (solely as nominee for Lender and Lender's successors and assigns) and to the successors and asu~(;ns of MERS, with power of sale, the following described property located in the COUNTY [Name of Recording Jurisdiction] Of Lincoln [Name of Recording Ju~ METES and Bounds APN ~ 3718 294 1601 000 which currently has the address of 321 Grays River Road, Wyoming 83128 ("Property Address"): [zip Code] pine [Street] [City] 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 ~-uld additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrun ~_.l/t as the "Property." Borrower understands and agrees that MERS holds only legal title to the interests granted by Bor~ ewer in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and L,~n~ter's successors and assigns) has the right: to exercise any or all of those interests, including, but not limited to, tile i i,~jht to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasin~j and canceling this Security Instrument. 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 un~,ncumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Prope~ty ;~rjainst 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 inst~,~nont covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and ag~,-'e as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the ~',J~ }t~; and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Item~; pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency, t t,)wever, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is ~ tL~l ned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security h ,-;t~ ument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified ~:1 ~ck, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution reticle deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at tt~ location designated in the Note or at such other location as may be designated by Lender in accordance with the noti~;~, provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are ,~uIIicient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan ~:t,¢ent, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in tti,, Iuture, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic t'~yment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may t~¢ld such unapplied funds until Borrower makes payment to bring the Loan current. If Borrower does not do so withi~ ~ reasonable period of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier, su~:l~ funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset o~ claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payment:. (h~e 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 d,,~.cribed in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of pri{,~ ity: (~) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payment:; :;hall be applied to each Periodi~ent in the WYOMING--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT I(xm 3051 1/O1 Initials~: ~._ .~ ~ © 1999-2004 Online Documents, Inc. Page 2 of 8 VVYEDEED 0402 11-19-2004 16:14 Vl WBCD LOAN ~ 500357652 order {n which it became due. Any remaining amounts shah be app{io<l Iii st to late charges, second to any other amounts due under th{s Security {nstrument, and then to reduce the princip~d I>a{ance of the Note. If Lender receives a payment from Borrower for a delinquent PL'I iu~tic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the deli~,~lUc, nt payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any paymo~t received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be i~i~1 in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic P;tyments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prep ~0'~ ~ent charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneou,; Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amount, of tl~e i'eriodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on ti ~c, clay Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") to provide for payn~c, nt of amounts due for: Ca) taxes and assessments and other items which can attain priority over this Security Instrum~,~t ~s a lien or encumbrance on the Property; Cb) leasehold payments or ground rents on the Property, if any; Cc) pi-e~iu~s for any and all insurance required by Lender under Section 5; and Cd) Mortgage Insurance premiums, if any, or cu~y sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance with ~1 ~,¢ i)rovisions of Section 10. These items are called "Escrow Items." At origination or at any time during the term of the Lo:t~ ~, Lencl er may req u ire that Community Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, ~u~l such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices el ~ounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives [h, rrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower's obligation to pay to Lc.r~der Funds for any or all Escrow Items at any time. Any such waiver may only be in writing. In the event of such waiver, Bo~ ~ ~)¥ver shall pay directly, when and where payable, the amounts due for any Escrow Items for which payment of Funds h,'t..; been waived by Lender and, if Lender requires, shall furnish to Lender receipts evidencing such payment within such hmo period as Lender may require. Borrower's obligation to make such payments and to provide receipts shall fo, ~dl purposes be deemed to be a covenant and agreement contained in this Security Instrument, as the phrase "cc;reliant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a w~,.,c,r, and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9 a~l pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such amount. Ler~h:?~ may revoke the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section 1 5 ~¢ut, upon such revocation, Borrower shall pay to Lender all Funds, and in such amounts, that are then required und,,r this Section 3. Lender may, at any time, collect and hold Funds in an amount (;~) :;ufficient to permit Lender to apply the Funds at the time specified under RESPA, and Cb) not to exceed the maximun~ ~)u nt 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 insu~_.{l by a federal agency, instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insL, c<l) or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specifi~,~l under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow accotmt, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Len{le~ to make such a charge. Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Fu~ds, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can a{j~:.,~ in writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower, without charge, an anr~t~:tl accounting of the Funds as required by RESPA. If there is a surplus of Funds held in escrow, as defined under RES tV~, Lender shall account to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in ~.,u~;row, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lencter tl~,..~ amount necessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If tl~ ~, is a deficiency of Fu rids held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA. ;md Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, [Jtlt ir~ no more than 12 monthly payments. Upon payment in full of all sums secured by this Security Instrui~ ~u~t, Lender shall promptly refund to Borrower any Funds held by Lender. 4. Charges; Liens. Borrower shall pay all taxes, assessments, cha~ges, fines, and impositions attributable to the Property which can attain priority over this Security Instrument, leaoc, t ~olcl payments or ground rents on the Property, if any, and CommunityAssociation Dues, Fees, and Assessments, ii ~u~y -1-o 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 ovc.¢ this Security Instrument unless Borrower: Ca) agrees in writing to the payment of the obligation secured by the lien i~ a manner acceptable to Lender, but only so long as Borrower is performing such agreement; Cb) contests the lien in go~,~i faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to i)~e,,,ont the enforcement of the lien while those proceedings are pending, but only until such proceedings are conchMed; or Cc) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Secu~ i[y instrument If Lender determines that any part of the Property is subject to a lien which can attain priority over this L;~,curity Instrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that r~{~tic'.o 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 c,s taro tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvemen[~ ~row existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extonch_,d coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requi[~; ir~$urance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that L~der requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. -I't~c~ insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with thi% Loan, either: (a) a one-time charge for flood zone determination, certification and tracking services; or (b) a o~.~ t~me charge for flood zone determination and certification services and subsequent charges each time remappingu ~ similar changes occur which reasonably might affect such determination or certification. Borrower shall also be ro~;l ~onsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with tilu ~oviow of any flood zone determination resulting from an objection by Borrower. WYOMING--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3051 1/01 Initials ~~.~1 ~. © 1999-2004 Online Documents, Inc. Page 3 of 8 WYEDEED 0402 11-19-200~ 16:1~ Vi WBCD LOAN # 500357652 If Borrower fails to maintain any of the coverages described al~?e, Lesder may obtain }nsurance coverage, at Lender's option and Borrower's expense. Lender is under no oblig~d~a to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might ¢,~ ~,,19ht not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, haz;~<l or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges th,,t tho cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could I~;~vo obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secu~ ~:~i l~y this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and sha[t t~c, payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Lender and renewals of st~;l~ policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause. ~nd shall name Lender as mortgagee and/or as an additional toss payee. Lender shall have the right to hold the i'~oh~:~,s and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiumu ~, ~<:t 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 mo~ I!j;:~uoe and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insu~ ~ce carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Bc~c,,.vor otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by [ ~%der, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and L~ ~d~_.r's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insu~ ~c~.~ proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to L,,~<t~'s satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for th,, ~opairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless ar~ ;tgreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender stn,tl r~ot be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrov:~ r. If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proc~.~¢~ts shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any. i~aid 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 a¢~.. I :;ottle any available insurance claim and related matters. If Borrower does not respond within 30 days to a notice fro~,~ L onder that the insurance carrier has offered to settle a claim, then Lender may negotiate and settle the claim. The :-;~ day period will begin when the notice is given. In either event, or if Lender acquires the Property under Section 22 o~ otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount not to, .> <:cod the amounts unpaid under the Note or this Security Instrument, and (b) any other of Borrower's rights (other ti ~,~ the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Propc.~t;,. insofar as such rights are applicable to the coverage of the Property. Lender may use the insurance proceed:; ~.itllor to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, wheth~,~ ~r not then due. 6. Occupancy. Borrower shall occupy, establish, and use the I'~ operty as Borrower's principal residence within 60 days after the execution of this Security Instrument and shall conti~uc, to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless L,,~¢lor otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumst,~cos exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Prol,o~ty; Inspections. Borrower shall not destroy, damage or impair the Property, allow the Property to deteriorate o~ ~.ommit waste on the Property. Whether or not Borrower is residing in the Property, Borrower shall maintain th(- Iioperty in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it i: <h:_~tormined pursuant to Section 5 that repair or restoration is not economically feasible, Borrower shall promptly repah it~,~ P~ operty ifdamaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in conno~ t~ with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or restoring the Property only ,It c~nder has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a si~!llc, payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceed:~ ~t~ c not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion ~f ~.;uch repair or restoration. Lender or its agent may make reasonable entries upon and insp~ctions of the Property. If it has reasonable cause, Lender may inspect the interior of the improvements on the Property t ~nder shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable 8. Borrower's Loan Application. Borrower shall be in default ii. ~turing the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with f",~ rower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (o~ Ltilod to provide Lender with material information) in connection with the Loan. Material representations include, bul ~e not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal resid, 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 Secu~ ~ty Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or llglds under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, lo~ enforcement of a lien which may attain priority over this Security Instrument orto enforce laws or regulations), or (c) E~or ~ ewer has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect t c~der's interest in the Property and rights under this Security Instrument, including protecting and/or assessing the wduc. of the Property, and securing and/or repairing the Property. Lender's actions can include, but are not limited to: (a) payi~9 any sums secured by a lien which has priority over this Security Instrument; (b) appearing in court; and (c) paying ~,_,aoonabte attorneys' fees to protect its interest in the Property and/or rights under this Security Instrument, includin9 ih; 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 from pipes, eliminate t~iMing or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may [;t~,e action under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is adr~'od 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 bocol~o additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note r;~te from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower ro~luooting payment. WYOMING--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3051 1/01 Initials © 1999-2004 Online Documents, Inc. Page 4 Of 8 WYEDEED 0402 11-19-2004 16:14 V1 ~TBCD LOJL~I i~ 50035'7652 If this Security Instrument is on a leasehold, Borrower shall coral ~ly ,.vith all the provisions of the lease. Borrower shall not surrender the leasehold estate and interests herein conveyed o~ t~ ~in ate or cancel the ground lease. Borrower shall not, without the express written consent of Lender, alter or amend tl~,. tl¢ound lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Le~,h,r ~grees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage lnsura~ ~: ;ts ~ condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance i~: ~:.ii~c[. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mort0~,,_l~ insurer that previously provided such insurance and Borrower was required to make separately designated paym,~,t:, Ioward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage st~t¢~[,~ntially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost IrC t;~)rrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If sul):~l,~ntially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amou~t ~:,i the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender v.,ill ;~:cept, use and retain these payments as a non- refundable loss reserve in lieu of Mortgage Insurance. Such loss rc.:.{.~ ye shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be ~,~i~ir'ed to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve paym~ ~ ,[..:~ if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selec[~ ~t I)y Lender again becomes available, is obtained, and Lender requires separately designated payments toward the i~iums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borr,...,,,,i was required to make separately designated payments toward the premiums for Mortgage Insurance, Borro,,',,,¢.~ shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non-refundable Ios:~ ~:,;erve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between t i,:;~ ~ ewer and Lender providing for such termination or until termination is required by Applicable Law. Nothing in this S~: ti~r~ 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that i}u~,~l'~tses the Note) for certain losses it may incur if Borrower does not repay the Loan as agreed. Borrower is not a I},~ t'~, to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insu~-t~< ,~ i~ force from time to time, and may enter into agreements with other parties that share or modify their risk, or rL.~h~::o losses. These agreements are on terms and conditions that are satisfactory to the mortgage insurer and the otl~_.~ party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments ~.~tl any source of funds that the mortgage insurer may have available (which may include funds obtained from Morl~.l:qju Insurance premiums). As a result of these agreements, Lender, any purchaser of the Iq~,[~,. ~nother insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (directly or i~,{ti~ectly) amounts that derive from (or might be characterized as) a portion of Borrower's payments for Mortgage h~;~r~znce, in exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreement pro...i~h;s that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the premiums paid to the i~uror, the arrangement is often termed "captive reinsurance." Further: (a) Any such agreements will not affect the amounts thud Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will ~ot increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any rebind. (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 ~¢~ 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. Att Mi.::~'ollaneous Proceeds are hereby assigned to and shall be paid to Lender. If the Property is damaged, such Miscellaneous Proceeds shall t:~:~ ~ql~plied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's ~;~:~curity is not lessened. During such repair and restoration period, Lender shall have the right to hold such Miscellar~,ous Proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to L( .~l¢lel"s satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay for the repairs and r~:~toration in a single disbursement or in a series of progress payments as the work is completed. Unless an agreement i~ ~;~¢te in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be req~i~ed to pay Borrower any interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not eco~omically feasible or Lender's security would be lessened, the Miscellaneous Proceeds shall be applied to the sums '.;~..{:ured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaner¢~s 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 P~ ot~,r fy, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not tl~,.~ {Jue, with the excess, if any, paid to Borrower. In the event of a partial taking, destruction, or loss in value of the P~ ot}orty in which the fair market value of the Property immediately before the partial taking, destruction, or loss in value i..; {~,~tU~I to or greater than the amount of the sums secured by this Security Instrument immediately before the partial t,q;,ir~, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the sums secured by this S~ ~:LHity Instrument shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the following fraction: (a) tile total amount of the sums secured immediately before the partial taking, destruction, or loss in value divided by (I}) tt~e fair market value of the Property immediately before the partial taking, destruction, or loss in value. Any balance ~l~;~ll be paid to Borrower. In the event of a partial taking, destruction, or loss in value of the P~ ~')l~erty in which the fair market value ofthe Property immediately before the partial taking, destruction, or loss in vak~¢ is less than the amount of the sums secured immediately before the partial taking, destruction, or loss in value. ~r~loss Borrower and Lender otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the sums s~;~,ed by this Security Instrument whether or not the sums are then due. If the Property is abandoned by Borrower, or if, after notice by Le~l~_,~ to Borrower that the Opposing Party (as defined in the next sentence) offers to make an award to settle a claim for (k~des, Borrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to cc~ll{,<_-.t and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by tt~i:¢ Security Instrument, whether or not then due. "Opposing Party" means the third party that owes Borrower Mi..,~:~:~ll~neous Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous Proceeds. WYOMING--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT © 1999-2004 Online Documents, Inc. Page 5 of 8 WYEDEED 0402 11-19-2004 16:14 Vl WBCD LOAN # 500357652 Borrower sba{{ be in default if any action or proceeding, whether civi{ ~r criminal, is begun that, in lender's judgment, coumd result ~u $0de~ture o$ {he Property or other matefia{ ~pak~ent ~f [ endec's ~uteres~ ~n the ~rope[ty or d~hts under this Security Instrument. Borrower can cure such a default and, if a~'coloration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed ~'.'i~l~ a ruling that, in Lender's judgment, precludes fo~eiture of the Property or other material impairment of Lender's i~ ,h.~ est in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages that ar,. ;,mibutable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration o~ ~ t}air 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 I~..mumsRt granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the lh4~ili[y of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings ~l~tn~st any Successor in Interest of Borrower or to refuse to extend time for payment or othe~ise modi~ amortization ~,i tho sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Succ~.,.>x~s i~ Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitat~,,~. Londer's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts I,.:;~ [han 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, h~wever, any Borrower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-:;i~nin9 this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the tor~)s of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and ((~) ;-~g~ees that Lender and any other Borrower can agree to extend, modi~, forbear or make any accommodations witl~ [ogard to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interes~ ,~f E~orrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by'Lend~ ~h~ll obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released f~o~ t~orrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writin[~. -~ I~e covenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benoi~[ tl~e successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for servio ~; i,erformed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and ~i, ii ~t~ under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fee~. h~ ~ e~ard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Bo~,>.v~:.r sh~ll not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expr~-~ly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges. ;~[~(t that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with tl~o Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to redt~( o the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted lin ~i[.., will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or I:,y making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepaynx¢~t without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower'~ ~tcceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Bo¢~ ower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connech, .,~ with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall i~o deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's ~ohco address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applic~,i~lo Law expressly requires othe~ise. The notice address shall be the Prope~y Address unless Borrower has designatod a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of add~,-.;s. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a clm~xjo of address through that specified procedure. There may be only one designated notice address under this Secmity h~shument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to L~m~l~r's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in co~ ~otioR with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lend( ~. If ~y ~otice required by this Security Instrument is also required under Applicable Law, the Applicable Law requireme~t will ~atisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. Thi~ Socurity Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located..&l~ ~ights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicm¢lo Law. Applicable Law might explicitly or implicitly allow the pa~ies to agree by contract or it might be silent, but such sile~co shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of tins Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this S~,cm ity Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gendor shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall moan and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to ta~(¢ any action. 17. Borrower's Copy. Borrower shall be given one copy of tho Hoto 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, inclu{llr~g, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales cram act 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 pa~ of the Property or any Interest in the Property is ~;1(:1 or transferred (or if Borrower is not a natural person and a beneficial interest 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 notic~ oi 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 Borr¢~ must pay ~OMING--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Fo, m 3o51 1/01 Initials ¢ 1999-20o4 Online Documents, Inc. Page 6 of 8 ~EDEED ~o2 V1 ~TBCD LOAi~ # 5003§7652 all sums secured by this Security Instrument. If Borrower fails to pay ti/ese sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrum~.¢~[ without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrow~.,~ meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinu, ~1 ;It any time prior to 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 the termination of Borrower's rig Itl to reinstate; or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) payu t under all sums which then would be due under this Security Instrument and the Note as if no acceleration had occu~od; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this S~:.curity Instrument, 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 Property and rights under this Security Inst~un~ent; and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property ;md rights under this Security Instrument, and Borrower's obligation to pay the sums secured by this Security Insh u~nent, 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; (b) money order; (c) certified check, bank che~;I,., heasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insu~, ,~l t}y a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Borrowe~. ttds Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred, t-Iowever, this right to reinstate shall not apply in the case of acceleration under Section 18. 20. Sale of Note; Change of Loan Servicer; Notice of Griewmce. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one or more tin ~.:.; without prior notice to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that coik;cts Periodic Payments due under the Note and this Security Instrument and performs other mortgage loan se~.~i~;~j obligations under the Note, this Security Instrument, and Applicable Law. There also might be one or more ct~;,~ges of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer. Borrower will be (j~.,<~n written notice of the change which will state the name and address of the new Loan Servicer, the address to v,,t,~;h payments should be made and any other information RESPA requires in connection with a notice of transfer of ~c.¢ v~cing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, tt~o ~ortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan 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 t~ ~u~y judicial action (as either an individual litigant or the member of a class) that arises from the other party's actions i)u~'~uant to this Security Instrument or that alleges that the other party has breached any provision of, or any duty owe(i l~y ieason of, this Security Instrument, until such Borrower or Lender has notified the other party (with such notice giv,_.n ~n compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a reaso~;d:~le period after the giving of such notice to take corrective action. If Applicable Law provides a time period which mu:;t ~lapse before certain action can be taken, that time period will be deemed to be reasonable for purposes of this pa~ ~,~lr ;q:h. The notice of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of a~ c~?loration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take cor~(.,(:t~vo action provisions of this Section 20. 21. Hazardous Substances. As used in this Section 21: (a) "Haz;u (tous Substances" are those substances defined as toxic or hazardous substances, pollutants, or wastes by Environn ~.~ ~t~tl L~w and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pes[i~ i(h;.s and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) "f' ~vi~ onmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to I,,;dth, safety or environmental protection; (c) "Environmental Cleanup" includes any response action, remedial ac[[,,~ or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" means a condition thai ~;,t[) cause, contribute to, or otherwise trigger an Environmental Cleanup. Borrower shall not cause or permit the presence, use, disposal, s~r ;tg e, or release of any Hazardous Substances, or threaten to release any Hazardous Substances, on or in the Prop~: ~ ty. Borrower shall not do, nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Env,<~montal Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a Haz~udous Substance, creates a condition that adversely affects the value of the Property. The preceding two sentences shall not ~ti ,I ~IY to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recog~i.,~,d to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, h;tz~-,dous substances in consumer products). Borrower shall promptly give Lender written notice of (a) any inw.,~.tid~ttion, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involvin~j tl~e Property and any Hazardous Substance or Environmental Law of which Borrower has actual knowledge, (b) any l:~vironmentat Condition, including but not limited to, any spilling, leaking, discharge, release or threat of release el ~u~y Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance v.,lfich adversely affects the value of the Property. If Borrower learns, or is notified by any governmental.or regulatory ~ult~ority, or any private party, that any removal or other remediation of any Hazardous Substance affecting the Prope~ ty is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. I'Jott~ing herein shall create any obligation on Lender for an Environmental Cleanup. NON-UNIFORM COVENANTS. Borrower and Lender further cow.'-n~u~t 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 (hut 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 ~lotice is given to Borrower, by which the default must 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 sums secured by this Security Instrument a~d sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right 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, Lender at its option may ~equire 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. WYOMING--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3051 1/01 'rn'i ~cJ.a].s © 1999-20o4 Online Documents, Inc. Page 7 of 8 WYEDEED 0402 11-19-2004 16:14 vZ h'BCD ~.OAN # 500357652 If Lender invokes the power of sale, Lender shall give noti(;~, of intent to foreclose to Borrower and to the person in possession of the Property, if different, in accordan(:~ with Applicable Law. Lender shall give notice of the sale to Borrower in the manner provided in Section 15. L~,nder shall publish the notice of sale, and the Property shall be sold in the manner prescribed by Applicablo I aw. Lender or its designee may purchase the Property at any sale. The proceeds of the sale shall be applied iJ, tl~e following order: (a) to all expenses of the sale, including, but not limited to, reasonable attorneys' fees; (b) lc, all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 23. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Security Instrument. Borrower shall pay any recordation costs. Lender may ctmrge Borrower a fee for releasing this Security Instrument, but only if the fee is paid to a third party for services ren~l~<~,ct and the charging of the fee is permitted under Applicable Law. 24. Waivers. Borrower releases and waives all rights under ~t~t by virtue of the homestead exemption laws of Wyoming. BY SIGNING BELOW, Borrower accepts and agrees to tho h.~ms and covenants contained in this SeCurity Instrument and in any Rider executed by Borrower and recorded v.,Hh it. CIA A, MOBLEY ~' \ (Seal) State of WYOMING County of LINCOLN The foregoing instrument ) ) was acknowledged before me by this Witness my hand and official seal. (Sig~z~ ~/~/~_ Notary Public BONNIE HARMON - NOIARY PUBLIC WYOMING--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT © 1999-2004 Online Documents. Inc. Page 8 of 8 i orm 3051 1/01 WYEDEED O402 11-19-2004 16.'14 Legal Descrit'pion Lot 18 of Greys River Valley Subdivisi,.~, Lincoln County, Wyoming as described on the official plat No. ~.' / [!iled August 29, 1978 as Instrument No. 513215 of the records ~! it~e Lincoln County Clerk.