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Home My WebLink About927624 - -0392 Prepared By: Wells Fargo Bank, N.A. KAREN KENNEDY DOCUMENT PREPARATION 11601 N BLACK CANYON HWY PHOENIX, ARIZONA 85029 866-537-8489 After Recording please return to: Wells Fargo Bank, N.A. Attn: Document Mgt. P.O. Box 31557 MAC B6955-015 Billings, MT 59107-9900 RECEIVED 3/16/2007 at 9:23 AM RECEIVING # 927624 BOOK: 651 PAGE: 392 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY ParceVUPI #: 3218-304-04-036.00 Property Address: 475 E. 4TH AFTON, WYOMING 83110 State of WYOMING {Space Above This Line For Recording Data} Account Number: 654-654-1734144-1998 Reference Number: 20070297400251 MODIFICATION TO HOME EQUITY LINE OF CREDIT AGREEMENT AND OPEN-END MORTGAGE This Modification Agreement (this "Agreement") is made this 16TH DAY OF FEBRUARY, 2007, between Wells Fargo Bank, N.A. (the "Lender") and . STEVEN H. STALEY AND JOAN E. STALEY, TRUSTEES OF THE STEVE AND JOAN STALEY FAMILY TRUST DATED JULY 22, 2002 (individually and collectively, the "Borrower"). Borrower has entered into a home equity line of credit agreement (the "Line of Credit Agreement") with the Lender, dated September 20, 2005, in the original maximum principal amount of $ 50,000.00. The Line of Credit Agreement is secured by a Mortgage dated the same date as the Line of Credit Agreement (together with any renewals, extensions, and modifications to it made prior to the date of this Agreement ), which is recorded in Book/Roll 601 at page(s) 379 of the County of LINCOLN COUNTY County, State of WYOMING as document No. 912846 (the "Security Instrument"), and covering real property located at . 475 E. 4TH, AFTON, WYOMING 83110 (the "Property") and described as follows: PART OF LOT 3 OF BLOCK 13 OF THE AFTON, LINCOLN COUNTY. WYOMING TOWNSITE, DESCR IBED AS FOLLOWS; COMMENCING 13 RODS EAST OF THE SOUTHWEST CORNER OF SAID LOT 3 AND RUNNING THENCE EAST 7 RODS; THENCE NORTH 6 2/3 RODS; THENCE WEST 7 RODS; TH ENCE SOUTH 6 2/3 RODS TO THE POINT OF BEGINNING. liJ~ÎllmI11"I]ÎIìtl¡~liiiìì~~~lliÍl¡IIÍilìl¡IWI~I¡ 17/06) 1/5 Documents Processed 02-23-2007, 17:47:24 09276Z4 000393 The Borrower has requested and the Lender has agreed to modify certain terms of the Line of Credit Agreement and the Security Instrument as set forth below. All terms not defined in this Agreement shall have the same meanings as set forth in the Line of Credit Agreement. In consideration ofthe mutual promises contained in this Agreement, the parties agree as follows: Change in Credit Limit. The Lender and the Borrower agree that the credit limit under the Line of Credit Agreement is hereby increased to $100,000.00 and that the lien of the Security Instrument shall secure the line of credit up to that amount as it is advanced and outstanding from time to time. Each reference in the Security Instrument to the maximum amount of the line of credit is hereby amended to the extent necessary to reflect the modified credit limit. Extension of the Draw Period and the Maturity Date. The Security Instrument is hereby amended to extend the Maturity Date from September 20, 2035 to September 20, 2045. The Borrower hereby agrees to pay to the Lender the following fees related to this Agreement: N/A *This amount is an estimate. The actual recording/filing fee is shown on the BUD Settlement Statement that is attached to and incorporated into this Agreement. Except as amended by this Agreement, all terms and conditions of the Line of Credit Agreement and the Security Instrument (including any previous modifications) shall remain in full force and effect, and this Agreement shall not affect the Lender's security interest in, or lien priority on, the Property. The Borrower agrees to be bound by and to perform all of the covenants and agreements in the Line of Credit Agreement and the Security Instrument at the time and in the manner therein provided. This Agreement shall not be construed to be a satisfaction, novation or partial release of the Line of Credit Agreement or the Security Instrument. By signing this Agreement, the Borrower represents and warrants to the Lender that the Borrower has no counterclaims, set-offs or defenses to the Bank's rights under the Line of Credit Agreement or the Security Instrument. The Borrower agrees to payor reimburse the Lender for any and all fees payable to public officials in connection with this Agreement, and the recording thereof, including any mortgage registry tax that may be due. This Agreement does not increase or extend any revolving credit insurance Borrower purchased in connection with the line of credit. Credit insurance means credit life, credit accident and health and/or credit disability insurance. Co- Trustor/Co-Mortgagor Liability. As to any Borrower who signed the Security Instrument, but who did not execute the Line of Credit Agreement (a "co-trustor/co-mortgagor"), this Agreement does not modify, change or terminate the nature of the co-trustor/co-mortgagor's obligations in connection with the line of credit. The co- trustor/co-mortgagor is not personally obligated to pay the debt evidenced by the Line of Credit Agreement and the Security Instrument (as renewed, extended, and amended hereby). The co-trustor/co-mortgagor agrees that the Lender and the Borrower may agree to 'extend, modify, forbear or make any accommodations with regard to the l~mIIÜIIÎil"mmìlilfIÎiüìì~lmlîùiÍlûIIÍllìlll(~í~~I¡ 17/06) 2/5 Documents Processed 02-23-2007, 17:47:24 092762'-1 000394 -seE.~~ty IU¡ju UUlel1L (i1/ì renewed, vAtvud"d, and an1Gndeà here")). 'flIe CO-U'USlOl/\;u-mortgagöf agree3 that the Un:tkI dud thv HUlluwer may agree to extend, modtfy, fblbci1I or mate ¡wy a""OmmØEl.aâðflB '[lith regw:d lv the, tenns of the Line of Credit Agreement or the Security Instrument (as renewed, extended, and amended hereby) without the co-trustor/co-mortgagor's consent. The Borrower and the Lender have executed this Agreement under seal as of the day and year fIrst above written. 1k- /<I~ T~ Borrower STEVEN H. STALEY, TRUSTEE (Seal) J~~'~ ì~, ower JOAN E. STALEY, TR EÈ ~VENH~~~ JCG>\~.. ~ o ower JOAN E. STALEY (Seal) (Seal) (Seal) (Seal) Borrower (Seal) Borrower (Seal) Borrower (Seal) Borrower Wells Fargo Bank, N.A. By: i¡þ C(. ,jJ~ ,77' ./ Its: S+t7Yt:- A1C!Ht:! c¡ e Y' v (Seal) l~mñÏl~m~iiliilli]¡~lm~¡¡I~ìil~~~llI7/06) 3/6 Documents Processed 02-16-2007, 13 :51 :51 0927624' { {Acknowledgments on Following Pages } / {1~' ~u~lliiiii~ciiIIÎI¡åiìÌlillrnli¡il~~ìj~li~I~11i17/06) 000395 Documents Processed 02-16-2007, 13 :51 :51 4/6 09Z76Z¡"t 000396 FOR NOTARIZATION OF LENDER PERSONNEL STATE OF \<'/~¡)tLuj ) L ) ss. COUNTY OF ",it-U 1'1 ) On this ~ day of t::.e-VI , 20~, before me, a /J ~'1 p~Ü c... in and for said county personally appeared.J . , to me personally known, who being by me duly (sworn or affmned) did say that that person is S . e... ~ of said association, that (the seal affixed to said instrument is the seal of said or no seal has been procured by said) association and that said instru ent was signed and sealed on behalf of the said association by authority of its board of directors and the said J ." acknowledged the execution of said instrument to be the voluntary act and deed of said associ tion by it v luntarily executed. ~~.~~ N0(:j Public (}J'(iJ~~ C'. .c My commission expires: I \) fl- \{ I 'LOo"6 JARED B. GLEUE - NOTARY PUBLIC COUNTY OF &\ STATEOF LINCOLN _ WYOMING MY COMMISSION EXPIRES OCT. 24, 2008 ~Ülm¡ilmïilmïIÎï¡~Üli¡l~ìlìl¡WI1f 7/06) 5/6 Documents Processed 02-16-2007,13:51:51 092762tt: 000397 FOR NOTARIZATION OF BORROWERS For An Individual Acting In HisIHer Own Right: State of Wyoming ) L I .) ss County of I >1 f" I"., ) The foregoing instrument was aclmowledged before me by .s fe v€-., J.t. S'·fc,ì Ir: r A ¡" cl ::r co '1 ~1 ,/ F. .s''¡''eì If- v ,/ this'L2 aicáay of F<>.bV''-'1 '1 r y / ,20!7 Witness my hand and official seal. JEFFERY A. STRGAR - NOTARY PUBLIC COUNTY OF .' STATE OF LINCOLN WYOMING MY COMMISSION EXPIRES ,;11 II r'f:J. 1 '!. 2"("7 ~.ä.~····· . )<0# lic ~ J'"e {(e-? A, -J:+ 'Cf ell- My Commission Expires: //1, ¿I yt t, 2 e:~ 2Clt? c¡ For An Individual Trustee Borrower: State of Wyoming ) / , ) ss County of [..,1 VI (' &./ n ) The foregoing instrument was aclmowledged before me by ¡7 Steve", H, -S'.1ø/f.;:~; , V'VI~·¡'r:-c::-· t.1H0 Of II" 1...('1- ~ e- trustee for the trust lmown as ...[ í I ..... , ", c/ S+~ ve C1 H d J' 0 <1 ... '7&1 e-)' ¡- e;¡ h I I v T yo v,..rl- , this <. 2. -~ay of I=(>b f""1A ~ ,... V ,2007. / / / .To a h E. "J:!e;, I f-,l/ Witness my hand and official seal. JEFFERY A. STRGAR - NOTARY PUBLIC COUNTY OF. STATE OF LINCOLN WYOMING MY COMMISSION EXPIRESA~r, 2 q '2 ~~lliìllilflìliÎI~ilil¡~mi",¡mlil~j~lmll~ir 7/06) 6/6 Documents Processed 02-16-2007,13:51:51