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HomeMy WebLinkAbout931455 RECORDATION REQUESTED BY: 1st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 000404 WHEN RECORDED MAIL TO: 1 st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine. WY 83128 SEND TAX NOTICES TO: 1 st Bank Alpine 79 Highway 89 P.O. Box 3110 AIDine. WY 83128 RECEIVED 7/20/2007 at 10:10 AM RECEIVING # 931455 BOOK: 666 PAGE: 404 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated July 12,2007, is made and executed between MARK LECHNER and JILLAYNE LECHNER, HUSBAND AND WIFE (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 November 20, 2006 (the "Mortgage") which has been recorded in LINCOLN County, State of Wyoming, as follows: LINCOLN COUNTY CLERK BOOK 640, PAGE 809. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in LINCOLN County, State of Wyoming: LOT 5 OF CLEARVIEW VILLAGE PHASE 1, LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT FILED ON NOVEMBER 8, 2006 AS INSTRUMENT NO. 924197 OF THE RECORDS OF THE LINCOLN COUNTY CLERK, The Real Property or its address is commonly known as LOT 5 CLEARVIEW VILLAGE, ETNA, WY 83118. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: INCREASING AMOUNT OF LOAN BY $42.000 FOR A TOTAL OF $275.000. 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 12,2007. ' GRANTOR: x~ ..~ LENDER: x Loan No: 764004024 MODIFICATION OF MORTGAGE (Continued) 000, -- Page 2 STATE OF INDIVIDUAL ACKNOWLEDGMENT ) ) SS ) DORElTA WEBB NOTARY PUBLIC COUNTY or ~ STATE OF LINCOI.N:~W WYOMING o ml ·IVIlIi. II S Fe luel 20.2010 On this day before me, the undersigned Notary Public, personally appeared MARK LECHNER and JILLAYNE LECHNER, to me known to be the individuals described in and who executed the Modification of Mortgage, and ac wi dged that they signed the Modification as their free and voluntary act and deed, for the uses and purposes there'n n Given under m nd and official seal this Res' ò By My commission expires STATE OF LENDER ACKNOWLEDGMENT '-........ - COUNTY I I SS I R. NICK BAIRD - NOTARY PUBLIC County Of" State of Lincoln ., Wyoming My Commission Expires September 18, 2010 ,2otJ7 ,before nd known to ~e the uthorized agent for the Lender that executed the within and f nd acknowledged said instrument to be the free and voluntary act and deed of the said Lender, duly authorized by the Len e 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 affixe e corporate seal of said Lender, On this appeared By ~~ ¿.s;'" Residing at Á '--rol_1 I<-/Y Notary Public in and for the State of ,J..., 0,..... ,..J <-... My commission expires S 6PTu",,^~ aR.. , eo f '"20 Ie LASER PRO Lending, V.,. 6.37.00.003 COpt. Harl.nd FIn~ol" SoluUon,.lno. 1997,2007. A' Rightl A...rwd. . WY D:\l.ASERPRO\FNB\CFI\lPl\G201,FC m·3196