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RECEIVED 12/13/2005 at 10:57 AM
RECEIVING # 914409
BOOK: 607 PAGE: 364
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
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(Space Above This Line For Recording Data)
LOAN MODIFICATION AGREEMENT
(Providing for Fixed Interest Rate)
This Loan Modification Agreement ("Agreem~nt"), made this ~ day of NOVEMBER , 20~, between
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RUSSELL A. CROW AND MARY LOU CROW JOINT TENANTS
(
("Bi>rrower") and Trona
Valley Community Federal Credit Union ("Lender"), amends and supplements (1) the Mortgage, Deed of Trust or Deeet to
Secure Debt (the "Security Instrument"), dated
SF.P'T'F.MRF.R ? 1 7.0.115., and recorded in Book or Libel'
.
598
, at page(s)
808
of the County Records ofLJWCOIÆbunty, Wyoming,
and (2) the' Note bearing the same date as, and secured by, the Security Instrument, which covers the real and personal
property described 111 the Security Instrument and defined therein as the "Prbperty", located at
11 RTVPRRPNn ROAn
the real property described being set forth as follows:
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LOT 3 OF BLOCK 3 OF THE WEST VALLEY SUBDIVISION, LINCOLN COUNTY,
WYOMING A.P.N.#12261207205032
In consideration of the mutual prormses and agreements, exchanged, the parties hel;do agree as folluws
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(notwithstanding anything to the contrary contained in the Note or Security Instrument):
1. As of NOVPMRPR 1, ?OOS
, the amount payable under the Note and S:ecurity Instrument (the
"Unpaid Principal Balance") is U,S, $ 1 1 0000 . 00
, consisting of the ämount(s) loaned to the
Borrower by the Lender and any interest capitalized to date.
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2. The Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of the Lender, Interest will
be charged on the Unpaid Principal Balance at the yearly rate of
8.5
% from
NOVEMBER:]
, 20~. The Bon"ower promises to make monthly payments of principal and interest
of U,S, $-=t::\Q . \ I
, beginning on the
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day of -.l::1:.~, 20~_,
and continuing thereafter on the same day of each succeeding month until principal and interest are paid in full. If
on OCTOBER 1, 2006
(the "Maturity Date"), the Borrower still owes amOllnts under the Note and
the Security Instrument, as amended by this Agteement, the Borrower will pay these amounts in full on the Maturity
Date. The Borrower will make such payments at 840 Hitching Post Drive, Green River, WY 82935 or at such
other place as the Lender may require.
3. If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in the borrower is
sold or transferrecl and the borrower is not a natural person) without the Lender's prior written consent, the Lender
may, at its option, require immediate payment in full of all sums secured by this Security Instrument. If the lender
exercises this option, the Lender shall give the Borrower notice of acceleration, The notice shall provide a period of
not less than 30 days from the date the notice is delivered or mailèd within which the Borrower must pay all stllns
secured by this Security Instrument. If the Borrower fails to pay these Stllns prior to the expiration of this period, the
Lender may invoke any remedies permitted by this Security Instrument without further nc>tice or demand of the
Borrower,
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4. The Borrower also will comply with all other covenants, agreements, and requirements of the Security Instrument,
including without limitations, the Borrower's covenants and agreements to make all paymé:nts of taxes, insurance
premiums, assessments, escrow items, impoun~ts, and all other paymcnts that the Borrow.:r is obligated to make
under the Security Instruments: howevé:r, the following terms and provisions are forever canceled, null and voiel, as
of the date specified in paragraph No. 1 above:
(a) all terms and provisions of the Note and Security Instrument (if any) providing for, implementing, or
relating to, any change or adjustm¢nt in the rale of interest payable under the NÖ;te: and,
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(b) all terms and provisions of any adjustable rate rider or other instrument or docdment that is affixed to,
whoJly or partially incorporated into, or is part of, the Note or Security Instrument and that contains
any such terms and provisions as those referred to in (a) above.
5. Nothing in this Agreement shall be understood or cunstrued to be a satisfaction or release in whule or in part of the
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Note and Security Instrument. Except as otherwise specifically provided in this Agreement, the Note and Security
Instrument will remain unchanged, and the Borrower and Lender will be bound by, and comply with, all of the terms
and provisions thereof, as amended by this Agreement.
Trona Valley Community Federal Credit Union
.
By: \....tY'\\t \. \ ç~~ t ¡ry" a,~ t Q r---
State of Wyoming, Sublette County, ss:
The foregoing instrument was acknowledged before me this
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day of \\) é}'.! ·(xvtbj',V
(-'V()tD
, 20~ by
Ru-:~e .tL A, CV-O\AJ
''-Y 'V\()Xl./ Lü \ A
My Commission expires:-+OJill 0 ~
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Notary Public