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HomeMy WebLinkAbout910580 PROMISSORY NOTE AND MORTGAGE EXTENSION AGREEMENT TI-tIS'~' ''' ' ,' 5- I~XIEN,]ON AC~REEM-ENT is ~nade the ~ clay o'~ 2005, by and beh,veen Zahida I lafeez, a single woman, of 923 Euclid Street, Apr , 202, Santa Monica, California 90403, hereinafter referred to as "~dortgagor" and FCll, LLC, a Wyoming limited liability company, hereinafter referred to as "Mo~-tgagee". WI-tEREAS Mortgagee did loan Mo~-tgagor ;he sun'~ on' SEVENT~ FiVI:~ TItOUSAND DOLLARS ($75,000.00) purst~ant h) a Promissory Note dated June 12, 2002 and secured by a Mortgage also dated June 12, 2002 filed in Book 491PR page 830 in the office of the Lincoln County Clerk in Kemmerer, Wyoming; and WIdEREAS said mortgage did encumber the real property described on attacl~ed Exhibi~ A, which will remain mortgaged and encumbered under dds Extension Ag~'eeme'n t; and WI' [EREAS the oarties desire to extend dte maturil:y date of the Promissory Note until September .~ 2005"c']uring which time the monddy interest payments will be ~sus ~ t ~c~nded; , NOW 'I'[-tI~REFORE for good and sufficient consideration including Mcn'tgagor's _t~re~t, the receipt of which is he~'eby acknowled,'ed, bringing all interest payments c -~,' g~ pa~'ties agree as follows: 1_ That P~'omissory Note dated J'tme ]2, 2002 between Mo~*tgagor and Mortgagee shall be modifit~4 ro provide that the ctt~e date of Itu~e 12, 2005 he extended ~o Septemberq-~, 200K~,vlddn t-hne all of the remaining principal balance plus accrued interest shall be d'ue and payable in full. All other terms aud conditions therein shall remain of full force and effect', except that there shall not be any monthly interest' payments ct ue during the three month extension period. RECEIVED 81412005 at 10:31 AM RECEIVING # 910580 BOOK: 593 PAGE: 272 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 00.273 IN W171-'NESS WHEREOF, the sa:id Mortgagor and Mortgagee trove hereunto signed and sealed these presents the day and year first above written. ML)R 1 GA(._,()I,~: ZT~ [qafeez MOR'FCA(2EE: 5' ?/V EI~ (3 F CALIFO['d'xlIA ) SS, COUN'I'Y OF /~_.r/q~E~/ ) The foregoing instrument was acl<nowledged before me this _~_J__~ 2005 by Zahida l-lafeez. clay of Jtlly, WI'I'NESS my hand and ulficial seal. STATE OF WYOM1NG ) ) SS, C'OUNTY C')l~ TE'I'ON ) The foregoing instrument was acknowledged before me this 2C)05 l)y Linda 11. hdartin as Manager ot FCH, L, LC WITNESS my hand and (ffficial seal. Coun,~~ 8'a/o-;}'~ ! No[al'f Pub]lc ~/~ '2 0910 00274 ~a of ~ ~ of r~ m fl~ ~ of ta~ ~ of Li~la C~y in ~ ~2 of BEG~G ~t U ~ on t~ ~th lin~ of ~d SE'~A, N8~-57%~'~ 219.50 ~ l~ N8~-57'-~, ~&gt f~ ~ ~ ~ li~ of~d ~sW~, to a ~int ~ a ~ N~%I0'-3~. 548_~ ~ to a ~nt on t}~ ~t~ly fi~f-way linc of Old AJp/ae C~y ~ No. 12-l~; th~ N~°~l'-14"W, 30riO ~ to ~e ~ O~ BE~IN~G; BEARING for thi~ ~orwX.A ~ nm-th lin~ of O,e SVaSW¼ or Sect or, 20. T37N. ~ch ~cuntar" found a~ o¢~ribed in ~h¢ C~aer Record filt:d in t~ Otli¢~ at' ttu: C.}~k of Lincoln Crmmy; -~-plke' marked by a 3/8~ x ~2" ~u:~ {pike ~Cn~ by a 5/8" X ~" ~ r~nf~ai~ 'rod ~4~ 2' ~'ni,,um ~ ~d, '$UR~YOR ~H~ L'H) AFl'ON 5368". with appro~ate ~I~; in~ihcd. ~UR~YOK ~f~RB~ LI~ ~O PINEY WY ~S 536g~ a~oc "SURVEYOR S~EL L~ ~N ~ P~ 536g'. with app~iaIo d~ails;