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HomeMy WebLinkAbout931034 RECORDATION REQUESTED BY: 1 st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine. WY 83128 OOû7B3 WHEN RECORDED MAIL TO: 1 st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine. WY 83128 RECEIVED 7/9/2007 at 3:13 PM RECEIVING # 931034 BOOK: 664 PAGE: 1'R3 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY SEND TAX NOTICES TO: 1 st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine. WY 83128 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated July 5, 2007, is made and executed between ROBERT POINT CONSTRUCTION, INC" A WYOMING CORPORATION (referred to below as "Grantor") and 1st Bank. whose address is 79 Highway 89, P.O. Box 3110, Alpine, WY 83128 (referred to below as "Lender"). MORTGAGE. lender and Grantor have entered into a Mortgage dated September 27, 2006 (the "Mortgage") which has been recorded in LINCOLN County, State of Wyoming, as follows: RECORDED 10/10/2006. LINCOLN COUNTY CLERK. BOOK 636 PAGE 323. REAL PROPERTY DESCRIPTION, The Mortgage covers the following described real property located in LINCOLN County, State of Wyoming: LOT 74 OF STAR VALLEY RANCH PLAT 13, LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT THEREOF. The Real Property or its address is commonly known as 1304 VISTA DRIVE. THAYNE, WY 83127. MODIFICATION, Lender and Grantor hereby modify the Mortgage as follows: PRINCIPAL INCREASE TO BE FROM $300,000 TO $320,000. 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 JULY 5. 2007. GRANTOR: :::;¡;ç;S;¡:;t¿ R R POINT. President of ROBERT POINT CONSTRUCTION INC. lENDER: 1ST BANK 4?~/ Loan No: 761001312 IVIVUIr-I"I-\ IIVI.. Vr- IVlvn I UI-\UJ: (Continued) 000784 Page 2 CORPORATE ACKNOWLEDGMENT DORETTA WEBB NOTARY PUBLIC COUNTY OF . STATE OF LINCOLN WYOMING n ..om';;;; Februarv 20. 2010 STATE OF ) ) SS I COUNTY By Notary Public in and for the State of My commission expires cJ LENDER ACKNOWLEDGMENT I ) ) SS ) DORmA WEBB NOTARY PUBLIC COUNTY OF . STATE OF LINCOLN WYOMING omml I n E Ir Februar 20. 2010 , 20 07 ,before m and known to ~e the , authorized agent for the Lender that xecuted the within and foregoing instrument and acknowledged said instrum t to 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 e is authorized to execute this said instrument an hat the seal affixed is the co orate seal said Lender. .1 On this appeared By Residing at <3s O~~//() My commission expires lASER PRO lmdlng, VIIIf, 5.31.00.003 Cop" H.tend Flnlr'lo'aI Solullan', InG. 1997,2007. AIIIUgh1' R...,wed. . WY D:\LASERPRO\FNB\CFl\lPl\G20I,FC TR·1183