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HomeMy WebLinkAbout929739 00047:1. RECORDATION REQUESTED BY: KeyBank National Association OH-DF-Key Dealer Finance 4900 Tiedeman Road Brooklyn. OH 44144 WHEN RECORDED MAIL TO: KeyBank National Association Mail Code: ID-56-PC-0125 431 Parkcentar Blvd. - P.O. Box 5278 Boise. ID 83705 RECEIVED 5/25/2007 at 2:11 PM RECEIVING # 929739 BOOK: 659 PAGE: 471 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY SEND TAX NOTICES TO: Timothy Alan Allred Cynthia H. Allred 24 Aspen Grove Drive East Evanston, WY 82930 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY \'\)...., \\31:\ MODIFICATION OF MORTGAGE 111111111111 ~ IIIIIIIIIIIU II ~ III ~ 111111111111111 *5151800676440000000004G201* THIS MODIFICATION OF MORTGAGE dated May 14, 2007, is made·and'~~~~~,~;r;itW!~f,r'TimòthY;.:;ÂÎ'n Allred and Cynthia H. Allred, husband and wife, whose address is 24 Aspen Gro.. ve..,':..~.. rive ..East,.....' EV~"st..on,~)WY¡ 82930 (referred to below as "Grantor") and KeyBank National Association, whosc",:address(j 4900 Tiødemt Road, Brooklyn,OH 44144 (referred to below as "Lender"). ···''',~"1.,~ " ,,:,'! ;¡ MORTGAGE. lender and Grantor have entered into a Mortgage dated February 28, 2006 (the "Mortga{¡'êit)''\vlì'iðfï'/îâsbeå'n"''recô¡:âê'èi in Lincoln County, State of Wyoming, as follows: Recorded May 16. 2006 at the Lincoln County Clerk under Receiving Number 918461. Book 620, pages 255 through 263 Inclusive. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: The legal description as described in the original Mortgage dated February 28, 2006 has remained unchanged The Real Property or its address is commonly known as 409 N. Washington Street, Afton, WY 83110. The Real Property tax identification number is 32183031220200. MODIFICATION. lender and Grantor hereby modify the Mortgage as follows: Modify paragraph entitled "DEFINITIONS". subparagraph "Note" as follows: Note. The word "Note" means the promissory note dated May 14, 2007, in the principal amount of $975,000.00 from Borrower to lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations of, and substitutions for the promissory note or agreement. The maturity date of the Mortgage is May 15, 2012 NOTICE TO GRANTOR: THE NOTE CONTAINS A VARIABLE INTEREST RATE The amount of indebtedness secured by this Mortgage is hereby increased to $975,000.00. CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Mortgage shall remain unchanged and in full force and effect and are legally valid, binding, and enforceable in accordance with their respective terms. Consent by lender to this Modification does not waive lender's right to require strict performance of the Mortgage as changed above nor obligate lender to make any future modifications. Nothing in this Modification shall constitute a satisfaction of the promissory note or other credit agreement secured by the Mortgage (the "Note"). It is the intention of lender to retain as liable all parties to the Mortgage and all parties, makers and endorsers to the Note, including accommodation parties, unless a party is expressly released by lender in writing. Any maker or endorser, including accommodation makers, shall not be released by virtue of this Modification. If any person who signed the original Mortgage 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 otherwise will 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 MAY 14. 2007. GRANTOR: --z .. ..' ~hyAm72f7IJ / x l~~'-f~ €t¿;~ CynthiiQ/I. Allred OQ<I')¡òt-....·,,·)f:.i) JNJtÛ....rJ MODIFICATION OF MORTGAGE (Continued) 000472 Page 2 Loan No: 4 lENDER: KEYBANK NATIONAL ASSOCIATION X Authorized Signer INDIVIDUAL ACKNOWLEDGMENT STATE OF L )L{ COUNTY OF 1-, (1 c.d\,V\ . ) ) SS I On this day before me, the undersigned Notary Public, personally appeared Timothy Alan Allred and Cynthia H. Allred. to me known to be the individuals described in and who executed the Modification of Mortgage, and acknowledged that they signed the Modification as their free and voluntary act and deed, for the uses and purposes therein mentioned. day of rY\QL,/ . Residing at L ,v--. LCll.f"\ By . 20() 7 (h)n~ .I /r9.3b~/ò mlng 23,2010 My commission expires LENDER ACKNOWLEDGMENT STATE OF ) ) SS ) COUNTY OF , 20 , before me, the undersigned Notary Public, personally and known to me to be the . authorized agent for the lender that executed the within and foregoing instrument and acknowledged said instrument to be the free and voluntary act and deed of the said lender, duly authorized by the lender through its board of directors or otherwise, for the uses and purposes therein mentioned. and on oath stated that he or she is authorized to execute this said instrument and that the seal affixed is the corporate seal of said Lender. On this appeared day of By Residing at Notary Public in and for the State of My commission expires lASER PRO Lending, Vir. 6.36.00.104 Copr. Harland Flnanel., Solullone, Ino. 1991,2001. All Rlghll R"'lnd. . WV/OH N:\lpro\CFI\LPL\G201.FC TR-128248 PR·14 Loan No: 4 o~Z~rif39 GUARANTOR: CASTLE ROCK DODGE. CHRYSLER JEEP LC B LENDER: KEYBANK NATIONAL ASSOCIATION XAm.d~~· ~ NOTICE OF FINAL AGREEMENT {Continued} Dodge. 000473 Page 2 LASER PRO liIndlnll. VIIt'. 6.36.00.104 CDpt. HIII'IIInd FlunÞI., Solution.. Ina. 1997, 2001. All Righi' R""vld. . OH N:\Lpro\CFt\lPl\l2t.FC Tft.128246 PR.14