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HomeMy WebLinkAbout908981RECORDATION REQUESTED BY: Wells Fargo Bank, National Association Afton Business Banking Center 485 Washington MAC #C7826-011 Afton, WY 83114 WHEN RECORDED MAIL TO: Wells Fargo Bank, National Association BBG- Boise Loan Operations Center, MAC #U1851-015 3033 Elder Street Boise, ID 83705 · : 003., RECEIVED 6/6/2005 at 11:34 AM RECEIVING # 908981 BOOK: 587 PAGE: 326 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, VVY SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE 200046647010100485 THIS MODIFICATION OF MORTGAGE dated May 16, 2005, is made and executed between Richard Galloway and Myrna Galloway, also shown of record as Richard I. Galloway and Myrna K. Galloway, whose address is 521 Kennington-Burton Road, AEon, WY 83110 (referred to below as "Grantor") and Wells Fargo Bank, National Association, whose address is 485 Washington, MAC #C7826-011, Afton, WY 83114 (referred to below as "Lender"). MORTGAGE. Lender and Grantor have entered into a Mortgage dated May 17, 2004 (the "Mortgage") which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded June 7, 2004 as Instrument Number 899917 at Book 557, P_~e 771. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Lot 1 of Tee-Mont Subdivision, Lincoln County, Wyoming as described on the official plat thereof. The Real Property or its address is commonly known as 521 Kennington-Burton Road, Afton, WY 83110. The Real Property tax identification number is 12-3219-24-2-01-001.00 MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: The Note identified in the Mortgage is being amended to increase the stated principal amount to $700,000.00. CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Mortgage shall remain unchanged and in full force and effect and are legally valid, binding, and enforceable in accordance with their respective terms. Consent by Lender to this Modification does not waive Lender's right to require strict performance of the Mortgage as changed above nor obligate Lender to make any future modifications. Nothing in this Modification shall constitute a satisfaction of the promissory note or other credit agreement secured by the Mortgage (the "Note"). It is the intention of Lender to retain as liable all parties to the Mortgage and all parties, makers and endorsers to the Note, including accommodation parties, unless a party is expressly released by Lender in writing. Any maker or endorser, including accommodation makers, shall not be released by virtue of this Modification. If any person who signed the original Mortgage does not sign this Modification, then all persons signing below acknowledge that this Modification is given conditionally, based on the representation to Lender that the non-signing person consents to the changes and provisions of this Modification or otherwise will not be released by it. This waiver applies not only to any initial extension or modification, but also to all such subsequent actions. FACSIMILE AND COUNTERPART. This document may be signed in any number of separate copies, each of which shall be effective as an original, but all of which taken together shall constitute a single document. An electronic transmission or other facsimile of this document or any related document shall be deemed an original and shall be admissible as evidence of the document and the signer's execution. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF MORTGAGE AND GRANTOR AGREES TO ITS TERMS. THIS MODIFICATION OF MORTGAGE IS DATED MAY 16, 2005. GRANTOR: X Rich-ard-~alloway Loan No: 2786832233 MODIFICATION OF MORTGAGE (Continued) 00327 Page 2 LENDER: WELLS FARGO BANK, NATIONAL ASSOCIATION X . INDIVIDUAL ACKNOWLEDGMENT ! COUNTY OF ~._-{,l,{~ll,~ } ~. MY ~M?B~I~N On this day before me, the undersigned Notary Public, personally appeared Richard Galloway. to me known to be the individual described in and who executed the Modification of Mortgage, and acknowledged that he or she signed the Modification as his or her free and voluntary act and deed, for the uses and purposes therein mentioned. Given under my hand and official seal this / ~ day of ~ NotOublic in and for tho State of ~k{O~[~ My commission expires INDIVIDUAL ACKNOWLEDGMENT COUNTY OF L~,J{.~:-O (~ ) MY COMMISSION EXPIRES OCT 24 2008 On this day before me, the undersigned Notary Public, personally appeared Myrna Galloway, to me known to be the individual described in and who executed the Modification of Mortgage, and acknowledged that he or she signed the Modification as his or her free and voluntary act and deed, for the uses and purposes therein mentioned. Given under my hand and official seal this I ~ day of ~ , 20 By _~ ~). ~ Residinga, Nora c in and for the State of b)VO~i~ My commission expires Loan ilo: 2786832233 MODIFICATION OF MORTGAGE (Continued) ,.. 003;;: 8 Page 3 LENDER ACKNOWLEDGMENT COUNTY OF~ ~'~~f ) J MYCOMMISSION EXPIRES SEPT 20 2007 ~ ' /~ -- ~ ~ of / I [~C~ , 20 ~, befo~e the under~d Np~ry Public personally ~arpd., ~~ ', ~. ~/~1~. ~ [ and known to me t~ be the ~~ ~ ~~ ' ~~~ ~~- ~ ,-authorized agent for the Lender that e~uted the ~in~d f&reg~ instrument and acknowledged said~strument t~e the free and voluntary act and deed of the said Lender, duly authorized by the Lender through its board of directors ~her~ the uses and purposes therein mentioned, and on oath stated that he or she is authorized to execute this sa d BY ~~~ t ~ Residingat ~~ Notary Public in and for the State of ~ MY c°mmlssl°n expiresU ~2'14