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01/18/2006 16:05
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PAHRUMP NV
PAGE 01/03
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000409
ReCORDING REQUESTED BY:
WHEN RE;CORDED MAIL TO:
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"P. D, ßO..f. 3c:RS"
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RECEIVED 1/25/2006 at 10:53 AM
RECEIVING # 915447
BOOK: 610 PAGE: 409
JEANNE WAGNER
..~,~~N~OLN ~~UNTY CLERK, KEMMERER, WY
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MODIFICATION AGREEMENT AND SUPPLEMENT TO MORTGAGE
This agreement Is made as of J~nuary 17, 2006 by KEVIN M. PAUL. AND EKO
PAUL, HUSBAND AND WiFE, OF P,O. BOX 1387. AFTON, WY.,83110, (herein
collectively called /lMortg2gQfI) and MARY HVDE of P.O. Box 3095, PAHRUMP,
NY, 89041, herein oalled Mortgagee.
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Factual Backctround
WHEREAS: Mortgagor and Mortgagee entered into a certain Mortgage
instrument securing' a promissory note: dated February 17, 2003, made payable
to Mortgagee in the principal amount of Two Hundred and Forty Thousand and 0. ~Q.. 1)Ct¿Î
00/100 Dollars ($2.40,000.00) which Mortgage was recorded on February 18. ~,O\ '0
2003 ~$ Document No.887878 of Official Records In the County of Lincoln, State
of Wyoming, hereinafter referred to as (the tMortgage~), The Mortgage
encumbers property 521 N. WaShington located in the City of Afton, I.inooln
County, Wyoming as more particularly desoribed as (the "Original Legal
Description"), to wit:
Part of Section 19, T32N R118W ofthe 6th P.M., L.inooln County,
Wyoming, desoribed as follows:
See Attached L.egal Descrlptlo.n
WHEREAS1 the Parties to this agreement wish to modify the original maturity
date ön the Mortgage and Promissory Note, which read to be the 1ST day of
March. 2008, to now be the 1ST day of March. 2009.
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8.Qreement
This agreement does not constitute the creation of a new debt nor the
extinguishment of the debt evidenced by said Note, nor does it in any way affect
or impair the l1en of said Peed of trust, which Mortgagee acknowledges to be a
valid and existing first lien against the real property described in the Legal
Description. The Deed of Trust Is agreed to continue in full force and effect, and
the same shall so continue until fully satisfied.
Notwithstanding anything herein to the contrary, this agreement shall not affect
nor impair any representation in regard to any warranty of title heretofore made
by the Mortgagee, all of which shall remain in force and inure to the benefit of the
Beneficiary and any insurer of the title to the property described in the Revised
Legal Description or the lien of the Deed of Trust thereon.
The word "NoteR as used herein, shall be construed to mean note, bond,
extension or modification agreement or other Instrument evidencing the
indebtedness herein referrad to. and to Includé such instrument whether
originally made and delivered to the Beneficiary or assigned and/or endorsed to
the Beneficiary; and the word "Deéd of Trust" shall be construed to mean Deed
of Trust, mortgage, loan deed. or othsr instrument securing the indebtedness
herein referred to, and to include such instrument securing the Indebtedness
herein referred to. and to Include such Instrument. whether originally made and
delîvèred to the Beneficiary as beneficiary, or made and delivared to some other
beneficiary and purchased by the Beneficiary and now owned by virtue of any
assignment to it. The "Mortgagee" referred to herein may be an original meker of
the Note or any person obligated thereon by endorsement, assumption of debt,
·or otherwise.
Mortgagee shall pay all costs of the modmcation made hereby, to include without
limitation, recording fees, as well as the cost of an endorsement to Benefic.;iary's
policy of title Insurance, insuring the continued first priority lien of the Deed of
Trust subsequent to the recordation of this Agreement.
Except as hereby eXpressly modified, all the tarrns, covenants, conditiof1$ and
provisions of the hereinabove described Deed of Trust shall remain In full force
and effect.
Thi$\ Agreement shall be binding upon and inure to the benefit of the parties
hereto, their respective successors. heirs and assigns.
THS BALANCE OF THIS PAGE IS INTENTIONALLY LEFT BLANK
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01118/2006 16: 05
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PAHRUMP NV
PAGE 03/03
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031.5447
C00411
Wrtness our hands 1his fi day of Jst'luary, 2006
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Kevin M. Paul '
6o~~
Eko Paul
State of wyoming
CountY of Lincoln "" / ~ ~.
On Ja..,,"A&!4 Z3~eforeme.Dt:l~ -+rCi.~ .'
;t 1 ir....0 m~ (e.g., 'J,,,,, -, -,PuOIiC")
personally appeared I .~' L ','
. Name{s) of SIw1e s)
¿~rSOnaIlY known to me-OR-Q" proved to me on the basis of satisfactory
evidence to be the person (s) whose name (9)
Js/are subscribed to the within instrument and
acknowledged to mé that he/she/they executed
1he same 111 hislherltheir authorized capaoitY
(ies), and thåt by hislherltheir slgnature(s) on
the instrurnentthe person(s), or the entity upon
behalf of which the p$rson($) .acted, executed
the instrument. .
~ESSmy. ~
, L) ~ +N
5igT1;3t&t8 of NolBry Puþç
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TOTAL P. Ø3
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