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HomeMy WebLinkAbout924355 .,-...', . t~ ?mfæi~~ 000009 RECEIVED 11/13/2006 at 2:22 PM RECEIVING # 924355 BOOK: 640 PAGE: 9 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY PREPAREDIDRAFTED BY: Firm Solutions, LLC 9119 Corporate Lake Drive, Suite 300 Tampa, Florida 33634 ATfN: Michelle Rhoden, PH: 813-342-2200 Loan Number: 2931017 File Number: M06014883 Freddie Mac Loan Number: 718600951 WHEN RECORDED RETURN TO: First American Title Company P.O. Box 27670 Santa Ana, CA 92799 Attn: Special Default Services Division Order Number: 3079214 - BMPG BALLOON LOAN MODIFICATION (pursuant to the Terms of the Banoon Note Addendum and Banoon Rider) TWO ORIGINAL BALLOON LOAN MODIFICATIONS MUST BE EXECUTED BY THE' BORROWER: ONE ORIGINAL IS TO BE FILED WITH THE BALLOON NOTE AND ONE ORIGINAL IS TO BE RECORDED IN THE LAND RECORDS WHERE THE SECURITY INSTRUMENT IS RECORDED This Balloon Loan Modification ("Modification"), entered into effective as of October 1, 2006, between MARGARET ANN GROVER, A SINGLE WOMAN ("Borrower"), and Wells Fargo Bank, N.A. flea Wells Fargo Bank Northwest, N.A. flea First Security Bank, N.A. ("Lender"), amends and supplements (I) the Mortgage, Deed of Trust, or Deed to Secure Debt (the "Security Instrument"), dated September 30, 1999, securing the original principal sum of U.S.One hundred and Twenty One thousand and 00/100 Donars ($121,000.00), and recorded on October 7, 1999 in Book 436 at Page(s) 639, of the Official Records of Lincoln County, WY, and. (2) the Balloon Note bearing the same date as, and secured by, the Security Instrument, (the "Note") which covers the real and personal property described in the Security Instrument and defmed in the Security Instrument as the "Property," located at: 211 ELKHORN DRIVE, ALPINE, WY 83128 the real property and is described as follows: LOT 67 IN ALPINE VILLAGE SUBDIVISION NO. I,PLAT 3 AMENDED, AS RECORDED IN TIffi OFFICE OF COUNfY CLERK. AND EX-OFFICIO REGISTER OF DEEDS OF LINCOLN COUNfY, WYOMING. TAX ill NO.: 12-3718-18-4-02-000.00 To evidence the election by the Borrower of the Conditional Right to Refmance as provided in the Balloon Note Addendum and Balloon Rider and to modify the terms of the Note and Security Instrument in accordance with such election, Borrower and Lender agree as follows (notwithstanding anything to the contrary contained in the Note or Security Instrument): I., The Borrower is the owner and occupant of the Property. 2. As of October I, 2006, the amount payable under the Note and Security Instrument (the "Unpaid Principal Balance") is U.S. $111,269.75. MULTISTATE BALLOON LOAN MODIFICATION-Single Family-Freddie Mile UNIFORM INSTRUMENT Form 32931101 (page -1- 0[3) .,.....,,-.'_........-.'.,.. t- _:<.'. .....,.. .......-.'...~...... ....,.......-,........... / '. . 0924355 , , 00001.0 3. 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 yearly rate of 6.75%, beginning October I, 2006. The Borrower promises to make monthly payments of principal and interest of U.S. $794.93, beginning on November I, 2006, and continuing thereafter on the same day of each succeeding month until principal and interest are paid in full. If on October I, 2029, (the "Modified Maturity Date"), the Borrower still owes amounts under the Note and the Security Instrument, as amended by this Modification, the Borrower will pay these amounts in fun on the Modified Maturity Date. The Borrower will make such payments at Wells Fargo Bank, N.A., 1 Home Campus, Des Moines, Iowa 50328-000 I, or at such other place as the Lender may require. 4. The Borrower will comply with aU other covenants, agreements, and requirements of the Note and the Security Instrument, including without limitation, the Borrower's covenants and agreements to make all payments of taxes, insurance premiums, assessments, escrow items, impounds, and all other payments that the Borrower is obligated to make under the Security Instrument; however, all the terms and provisions of the Balloon Note Addendum and Balloon Rider are forever cancelled, nun and void, as of the maturity date of the Note. 5. Nothing in this Modification shall be understood or construed to be a satisfaction or release in whole or in part of the Note and Security Instrument. Except as otherwise specificany provided in this Modification, the Note and Security Instrument will remain unchanged and in fun effect, and the Borrower and Lender will be bound by, and comply with, aU of the terms and provisions thereof, as amended by this Modification. (To be signed and dated by all borrowers, endorsers, guarantors, sureties, and other parties signing the BaUoon Note and Security Instrument.) I 0 ) I () I /)~ (Date) I ' ~~J~ MAIiGARE AJ; GROVER (Seal) -Borrower State of County of T~BORROWER ACKNOWLEDGMENT It .kY--¡l.-t J The foregoing instrument was acknowledged before me this to -tI...... day of D ~ r.. , 2006, by MARGARET ANN GROVER who are personally known to me (or provided to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. (Seal) - . (...~~~.. WANG CHING lUNG . (*): MY COMMISSION EXPIÆS ~~.1:.",..,. Augusl2&. 2009 MUL TlST ATE BALWON LOAN MODIFICATION-Single Family-Freddie M.~ UNIFORM INSTRUMENT Form 3293 1101 (pop _ 1- of 3) - ".., --","'" ".~--"'.~--..~ ':::::1:~!:~~:f;:::;j ,o.',S',,,-'i ' io~J l!~;~ ":1~if~~~;J!~i~~ ¡;;;;¡f!~~f:~1;~j 0924355 OOOOj.j. LENDER SIGNATURE Lender does not, by its execution hereof, waive any right it may have against any person not a party hereto. Lender Name: Wells Fargo Bank, N.A. fka Wells Fargo Bank Northwest, N.A. fka First Security Bank, N.A. By: Jane E. Hooper, Vice President Loan Documentation LENDER ACKNOWLEDGMENT Signature: State: South Carolina § County: Ymlç § The foregoing instrument was acknowledged before me this /316. day of {)~ I , 2006, by Jane E. Hooper, Vice President Loan Documentation of Wells Fargo Bank, N.A. tka' Wells Fargo Bank Northwest, N.A. fka First Security Bank, N.A., who is personally known to me. ~..~~~, ~~ o Public, State of SOUth~lina My Commission Expires: h: j 6" 2..0 J Ý NOTARY SEAL MUST BE COMPLETEL Y LÉGIBLE (Seal) 8 Notary Public Official Seal Louise C. Kneisley York County, SC My Commission Expires February 10, 2014 MULTISTATE BALWON WAN MODIF1CATION-Single Family-Freddie Mac UNIFORM INSTRUMENT Form 32931/01 (Page _ 3 - of3) '>.....