HomeMy WebLinkAbout875916 RECORDATION REQUESTED BY:
The Jackson State Bank
P.O. Box 1788
The Jackson State Bank ~'~:'~ ~'~
P.O. Box 1788 ~,~
112 Center Street
SEND TAX NOTICES TO:
P.O. Box 1788 ' - ~- -
112 Center Street
Jackson~ WY 83001 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
MODIFICATION OF MORTGAGE
THIS MODIFICATION OF MORTGAGE daled August 25, 2001, is made and executed between Danny Lee Sanders
and VickJ Sue Sanders, husband add wig=e, whose address is P.O. Box 7188, Jackson, WY 83002-7188 (referred
to below as "Grantor") and The Jackscm State Bank, whose address is P.O. Box 1788 112 Center Street,
Jackson, WY 83001 (referred to below a:~ ','Lender"). '
MORTGAGE. Lender and Grantor have entered into a 'M~'~dgage dated May 25, 2001 (the "Mo~gage") which has been recorded in LincoJn County,
State of Wyoming, as follows: .'
Mortgage from Danny Lee Sanders and Vickl ~;u~= Sanders, husband and wife, recorded on June 1, 2001, Doc 873641, Bk 465, Pg 583,
Kemmerer, Lincoln County, Wyoming, to the Ja(.rk~on State Bank.
REAL PROPERTY DESCRIPTION. The M0dgage covers~the following described rea{ properly located in Linco n County, State of Wyoming:
Lot 48 of the Star Valley Ranch Plat 3, Lincoln Cour~y,{ Wyoming as described on the official plat thereof.
The Real Prope~y or ~ts address Js commonly known as 134 Pine Drive, Thayne, WY 83127.
MODIFICATION. Lender and Grantor hereby modify the '&?dgage as follows: ~''
The maturity date of the mortgage hereabove lis;:~sd Is hereby extended to January 25, 2002.
CONTINUING VALIDITY. Except as expressly modifi~ above, the terms of the original Modgage shall remain unchanged and in full force and effect
and are legally v~lid, binding, and enforceable in accordance with their respective terms. Consent by Lender to this Modification does not waive
Lender's right to require strict pedormance of the Modg[tge as changed above nor obligate Lender to make any future modifications. Nothing in this
Modification shail consHute a satisfaction of the promissory note or other credit sgreement secured by the Modgage (the "Note"). It is the intention of
Lender to retain as liable afl padJes to the Modgage and ail 9aHies, makers and endorsers to the Note, including accommodation padies, unless.a pady
is expressly released by Lender Jn writing. Any maker or endorser, including accommodation makers, shall not be released ~y vidue of this
Modification. If any person who signed the original Modgage 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 othe~Jse wil~ not be released by it. This waiver applies not only to any initial extension or modification, but also to all such subsequent
actions.
GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF MORTGAGE AND GRANTOR AGREES TO ITS
TERMS. THIS MODIFICATION OF MORTGAGE IS DATED AUGUST 25, 2001.
GRANTOR:
LENDER:
INDIVIDUAL ACKNOWLEDGMENT
STATE OF
COUNTY OF. ,, )
On this day before me,~the undersigned Notary Public, :)ersonaliy appeared Danny Lee Sanders and Vlcki Sue Sanders, to me known to be the
~ndividuals described in and who executed the ModificUio~ of Modgage, and acknowledged that they signed the 'Modificatioa as their free and
volunta~ acted deed, for the uses and purposes there n mentioned
Glven~ hand and official seal this ~, day of '
By ~ P( Residing at ~.. :~,
Notary Public In and for the State of_ ~'~7~/~ My commission expires.., ~2~
~ '.::;;;:! MODIF'ICATIG,, ,,,,' MORTGAGE 6 7 !3
Loan No: 23898 E-1 (Continued) Page 2
LENDER ACKNOWLEDGMENT
STATE OF i ,{'.~)/")C.'~ ~'[.~j,~-' ) 11 County of Lii~ .S. tate
'/J -- , dfl ) SS ~ My Commi~s~n Expires Ju~y
COUNTY OF ~~'~ ~'' ;- ) ~~'~ ....
;.
On this '~..~...-/'~'-Z~ ~ ~'-~.-?:~ :: and known to me to~ the ~/~'¢ ~ ~.~?.z~-~'¢.¢,~.~
appeared J~'-"' ........ ~ ' ~ "' ' ---' ' t
authorized ~ent for the Lender~at executed the within a~d foregoing ~nstrumen and acknowledged said instr~ent to be the free ~nd voluntary act
and deed of ~e~said Lender, duly authorized by the Le[~der through its board of directors or othe~ise, for the uses and purposes therein mentioned,
on,.oatb~tat~d that he or she is authorized to execute this said ,nstrument and that the sea. affix:~ is t~e corporate seal of said Lender.
and 7 './ I .... ~ '
~,~)~...,?~-"~ :;,??q' My commission expi,,
Notary Public In and for the State of ~ , ' .~