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Home My WebLink About931485 Ireland Bank 420 North 4th Street Montpelier, Idaho 83254 RECEIVED 7/23/2007 at 11 :30 AM RECEIVING # 931485 BOOK: 666 PAGE: 487 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY When Recorded Retw;n To: Space Above This Line For Recorder's Use Loan Number: 4100618-851 NOTICE OF INTERESt RATE CONVERSION THIS NOTICE OF INTEREST RATE CONVERSION IS GIVEN WITH REFERENCE TO THE FOLLOWING: WHEREAS, the undersigned, ROLAND C. WILLIS and LINDA L. WILLIS are named as Mortgagor(s) in that certain Mortgage dated June 13. 2007, wherein Ireland Bank is named as Mortgagee; the instrument which was recorded June 21. 2007, as Entry No. 930587. in Book 663. Page(s) 86, in the official records of Lincoln County, State of Wyoming, covering certain real property located in said County. FOR DESCRIPTION OF REAL PROPERTY SEE EXHffiIT "A" ATTACHED HERETO AND MADE APART HEREOF AND WHEREAS the referred to Mortgage provides that the same is also given to secure the payment of such sum or sums that may thereafter be required by a certain obligation executed by said Mortgagor(s) in favor of Mortgagee, together with all modifications thereof. NOW THEREFORE, NOTICE IS HEREBY GIVEN that the undersigned has entered into that certain Conversion Agreement To Repricing Rate Loan with Ireland Bank, dated June 22. 2007, whereby the interest rate charged on the obligation secured by the above referenced Mortgage and the mechanism for adjustment of said interest rate was modified in accordance with the provisions recited therein. Dated: June 22. 2007 Mortgagor( s) ~~l ,U./.')k -;z.~LL~J . _.,,~ ~ ~ LINDA L. WILLIS Notary Acknowledgment(s): STATE OF l,t,,)- 0. ~ COUNTY OF R~ ~ ss. ) On this ~ day of c:0 ~ , 200'Y , before me, the undersigned Notary Public in and for said County and State, personally appeared ROLAND C. WILLIS [( ) personally known to me] [( ) proved to me on the basis of satisfactory evidence] to be the person(s) whose name(s) is/are subscribed to this instrument and acknowledged to me that he executed it. :-::;:¿-------Ñot~~P~b~;---: I ~. . < ~ DIXIE L. NELSON I : ¡ I . ~ P,O, Box 97, 501 N, Main Street: I I; ~ I.aketown, UT 84038 I I ~.. ~ My Commission Expires I I ". ..' November 11,2007 I ~_... .~a~~_.. __ w _.. _S.!~t~_o! ~J'~.. M._.: Fonn 1272 Notice of Interest Rate Conversion (3-07) STATE OF lA.-\-û.ß OOO~S8 pOUNTY OF ~ £ )s. On this ~ day of d ~ ' 201L!:L, before me, the undersigned Notary Public in and for said County and State, personally appeared LINDA L. WILLIS [( ) personally known to me] [( ) proved to me on the basis of satisfactory evidence] to be the person(s) whose name(s) is/are subscribed to this instrument and acknowledged to me that she executed it. ----~-------~"-~--_._------~ I "oF r!lJ¡; Notary Public I : ~.."i'; ~ DIXIE L. 'NELSON I I r~ ~ P,O. Box 97. 501 N. Main Street : I ~I Laketown, UT 84038 I : -~ '.t.,fi My Commission Expires I I ...,.. November 11,2007 I I . ,.., State of Utah I .____________ø______________, Form 1272 Notice of Interest Rate Conversion (3-07) 000ltB 9 Exhibit A The land referred to in this document is situated in the State of Wyoming, County \'( ) .ira':Jlrl, and is described as follows: P ARca 1 Being a parcel ofland situate in Sections 1,2, 10, I ¡ and 12 of Resurvey Township 22 North, Range ] 20 West of the 6th Principal Meridian, described in particular by metes and bounds referred to in lhc plats made by the General Land Office of the United States of America under date of March 31, 1909 and the amendments thereto as follows, to-wit; BEGINNING at comer No.5 of Resurvey Tract No. 49 from whence the Northeast comer of said Section 10 bears North 16°27' East 69.76 chains; thence North 20.20 chains to comer No.6 of Tract 49; thence East 20.00 chains to corner No.7 of Tract 49; thence North 60.60 chains to con1erNo. 8 of Tract 49; thence East 20.00 chains to comer No.9 of Tract 49; thence North 06°00' East 20.56 chains to comcrNo. 10 of Tract 49; thence East 60.00 chains to corner No. I of Iract 49; thence North 06°00' East 20.56 chains to a point; thence East 32.54 chains to a point in the center of the chaMeJ through which Bear River flows; thence on a meander of th~ central thread of Bear River; South 48°24' West ]2.96 chains; South 15°16' West 6.84 chains; South 12°38' East 17.83 chains; South 79°09' West 8.45 chains; North 45°00' West 5.37 chains; North 23°00' West 18.69 chains; South 18°26' West 7.59 chains; South 15Q24' East 17.32 chains; South 14°07' West 18.04 chains; North 83°51' West 6.54 chains; South 46°38' East 7.43 chains; South 14°25' East 3.61 chains; South 23°35' West 17.24 chains; South 42°14' West 10.26 chsins; South 62°54' East 9.44 chains; North 51 °54' East 6.48 chains; North 76°30' East 5.14 chains; North 7}034' East 1.90 chains; South 25°57' East 4.11 chains; South 15°53' West 12.79 chains; North 58°00' West 10:38 chajns; South 33°09' West 11.71 chains; South 24°24' West 11.86 chains; S~uth 27°09' West 6.97 chai.l1s 10 the end of said meander, the intent beingro deed to the center of saId channel, as measured midway be[\veen the top of the bank escarpments Bt110n11al ground levels· thence West 88.97 chains to the PONT OF BEGINN1NG. . . I PAGE 1 OF 7 00049(, PARCEl 2 , A parceJ ofland in Section 2. Section 3, Section 10 and Section 11, of.Resurvey TO~'11Ship 22 North, Range 120 West of the 61h P.M., Lincoln County, Wyoming more partIcularly descnbed as follows: BEGfNNING at the Northeast comer of Section 2, of Resurvey Township 22 NOM, Range 120 West of the 61h P.M.. Lincoln County, Wyoming; thence South 00°10'41" East a distance of 1308.64 feet; thence South 89°35' 33" West a distance of 1319.87 feet; thence South 00°23'52" East a distance of 1303.85 feet; thence South 89°54 '54" West a distance of 2640.68 feet; thence South 00° 11' 16" West a distance of 1719.96 feet; thence South 89°56'53" West a distance of 1299.18 feet to corner number 8 of Iraet No. 49 of the Resurvey of Township 22 North, Range 120 West of the 6111 P.M.; thence South 00°0] '00" East a distance of 4027. 75 f~et; thence North 87°56'30" West a distance of 1315.49 feel to comer number 6 ofIraet 49 of the Resurvey of Township 22 North, Range 120 West of the 61h P.M.; thence South 00°00'00" East a distance of 1367.14 feet to comer nl.\!nber 5 of Tract 49 of the Resurvey of Townshìp 22 North, Range 120 West of the 61h P.M.; thence North 89°32'08" West a distance of 753.68 feet; thence North 18°47'07" East a distance 00677.25 feet; thence North 17°10'00" East a distance of 737.07 feet; thence North 18°23'21" East a distance of 4791.86 feet; thence North 33°37' 14" East a distance of 1152.43 feet more or less to the North boundary line of Section 2, Resurvey Township 22 North, Range 120 West of the 6th P.M.; thence South 89°57'07" East along the North boundary line of said Section 2 a distance of 3768.40 feet to the POINT OF BEGINNING of this description. (, ALSO, a parcel of land in Section 5 and Section 22 of Resurvey Township 22 North, Range 120 West of the 6th P.M., Lincoln County, Wyoming being more particularly described as follows: BEGINNING at a comer No.5 of Tract 49 of the Resurvey of Township 22 North, Range 120 West of the 61h P.M.; thence South 25°09'49" West, 6199.24 feet to the point of beginning of this description; thence SO\lth 19°35'37" West a clistance 0£3982.04 feet; thcnce Nonh 89°14 '04" East a distance of 1338.91 feet; thence North 00°03'10" West a distance of3733.57 feet to the POINT OF BEGINNfNG of this description. PAGE 2 OF 7 O·004cQ¡AJ ~il '." ..........l.... PARCEL 3 A parcel of land situate in Sections) 4, 15,22 and 23 of Resurvey Township 22 Nonh, Range 120 West of the 6th Principal Meridian in Lincoln County, Wyoming; described in particu]ar by metes and bounds referred to in the plat made by the General Land Office of ¡he United States under date of March 31, 1909, as follows, to-wit; BEGINNING at a point on the Eastern boundary of rhe holdings of Lawrence Johnson from whence the Southeast Comer of said Section 15 bears South 76°50' East 39.22 chains; thence East 86.82 chains to a point situate in the center of the channe] through which Bear River flows; thence on a meander of the central thread of Bear River, South 18°57' West 1.37 chains; South 28°43' West 8.32 chains; North 78°14' West, 4.90 chains; South 80°24' West 7.20 chains; South 31°24' East 6.91 chains; SOUlh 66°02' East 6.89 chains; Soulh 40°29' East 5.39 chains; South 27°39' West 4.73 chains; South 82°36' West 7.76 c11ains; South 34°19' West 7,63 chains; South 55°24' East 9.68 chains to the end of said meander, the intent being to deed to the center of said channel, as measured midway between t.he banks of Bear River from the top of the said bank escarpments at nonnal ground levels; thence West 58.53 chains along the North boundary of the holdings of John Sedey; ¡hence north 26°20' West 19.11 chains to the POINT OF BEGINNING. PARCEL 4 West Half of the South Ha]f of Lot 7 and the West Half of the North Half of Lot 8 of Section 7, Resurvey Township 21 North Range 119 West of the 61Í1 P.M., Lincoln County, Wyoming as surveyed and platted under date of May 29,1912 by Ù1e General Land Office ofthe United States; patented to William Lauder. PARCEL 5 Resurvey Township 22 North, Range 119 West of the 6th P.M., Lincoln County, Wyoming Section 8: Lots 1, 7, 9,12, 13, ]4, IS, 16, 17,20,21,22,23,24 and 2.5, and Northwest Quarter of the Southwest Quarter SectJon 9: Lots 7, 9,16, 17, J8 and 19 LESS AND EXCEPT the land described in Warranty Deed recorded March 28, 1932 in Book 17 of Deeds on page 262 of the records of the Lincoln County Clerk PAGE 3 OF 7 0004~2 ? ARCEL 6 Resurvey Towoship 22 North, Range 119 West of the 6ih P.M., unco]n County. Wyoming Section 7: Lot 32 Section 18: Lots 5, 6. 17 and 20 PARCEL 7 A parcel of land situate in Sections 13, 14,23, 24,25 and 26 of Resurvey Township 22 North Range 120 West or the 6th P.M., Lincoln County, Wyoming. described by metes and bounds as foHows: BEGINNING at a Comer No.4 of Resurvey Tract No. 74 from whCTIce the Southwest comer of said Section 24 bears South 50°54' West 23.22 chains; thence South 20.20 chains to Comer No.3 of Tract 74; thence West 0.24 chains; thence South 11.39 chains; thence South 89°59' West 19.99 c.hains; thence North 20,00 chains; thence North 89°59' West 19.77 c.hains; thence South 28.81 chains; thence East 20.00 chains to Comer No. 1 of Tract 40; thence Smith 20.30 chains; thence West 44. 1 5 chains to the center of the channel through which Bear Ri"'er flows; thence meandering the central thread of the channel of Bear River, North 67°07' East 4.88 chains; thence North 20°33' East 4.27 chains; thence North 09°23' East 12.26 chains; thence North 27e48' East 8.37 chains; thence North 21 °09' West 3.32 chains; thence North 28°24' East] 2.62 chains; thence North 06°57' East 4.13 chains; thence North 48°27' West 5.88 chains; thence South 75°27' West 10.74 chains; thence North 80°21' West 10.75 chains; thence North 21 °27' West 9.03 chains; thence North 20°53' East 8.J 3 chains; thence North 87°20' East 8.61 chains; thence North 80°02' East 9.24 chains; thence South 79°11' East 3.77 chains; thence North 21°15' East 5.79 chains; thence North 31°28' East 7.86 chains; thence North 15°25' East 3.01 chains; thence North 16°06' West 14.78 chains; thence North 71°50' West 13.16 chains; thence North 10°29' East 2.03 chains; thence North 34°37' West 9.68 chains; tht.'T1cC North 34°] 9' East 7.63 chains; thence North 82°36' East 7.76 chains; thence North 27°39' East 4,73 chains; thel1ce NO¡1h 40°29' West 5.39 chains; thence North 00°02' West 6.89 chains; thence North 3 °24' West 6.91 chains: ¡hence Nonh 80°24' East 7.20 chains; ,"4';. '- PAGE 4 OF 7 thence Soutb 78°14' East 4.90 chains; thence North 28°43' East 8.32 chains; thence North 18°57' East 7.08 chains; thence North 06°?3' West 5.84 chains; thence Nortb 14°25' West 3.61 chains; thence North 33°11' East 6.21 chains; thence North 45°00' East 4.67 chains; the11ce North 47°01' East 12.03 chains; thence North 27°13' East 3.94 chains; thence North 26°06' West 5.46 chains; thence North 36°18' West 6.08 chains; thence North 62°33' East 8.11 chains, to the end of said meander, the intent being to deed to the c.enter of said channel as measured midway between che banks of Bear River from the top of the bank escarpments at nonnal ground levels; thence East 52.52 chains along the South boundary of the holding of Leo Telford; thence South 02°14' West 125.74 chains along the Western boundary of the holdings oOohn Dayton, to a point on the South boundary of Tract 44; thence West 14.98 chains to the POINT OF BEGINNING. 0004t2r3 LESS AND EXCEPT the land described in Warranty Deed recorded April 10, 1959 in Book 33PR on page 77 of the records of the Lincoln County Clerk. PARCEL 8 The South half of Tract 40, a &actional part of Tract 41, a [ractlonaJ part of Tract 39, alI in Resurvey Township 22 North, Range 120 West of the Sixth Principal Meridian, Wyoming, more particularJy described as foHows: BEGINNING at a point which is South 20°41' East 4,249 feet of the Northwest Comer (Corner No. 6) of Tract 4] of said Township and Range; thence East 3,780.5 feec; thence South 4,316.6 feet; thence North 72°25' West 3,950 feet to a point on the West bank of the Bear River Channe¡; thence in a NortheasterJy directiol'l along the West bank of the Bear River ChanneJ to the POINT OF BEGINNING. PARCEL. 9 Resurvey Township 22 North Range 120 West of the 6th P,M" ;jncoln County, Wyoming Section 25: All of Lots 6, 7, 10, 14 and 15 and Southeast Quarter of the Northwest Quarter and Northeast Quarter of the Southwest Quarter Sect.ion 26: Lots 1 aJ1d 13 PA.RCEL to Southeast Quarter of the Northwest Quarter, LoIS 9, J 0 and 11 of Section 31, of Resurvey Town$hip 22 North, Range 119 West, of the 6th P.~. Lincoln County, Wyoming. EXCEPTING therefrom any ¡and acquired under a Congressional Railroad Land Grant. PAGE 5 OF 7 OOO..4~4; PARCEL 1 1 SQutheast Quarter of the Northwest Quarter, Northeast Quarter of the Southwest Quarter. Lots 9 and 10 of Section 30, of Resurvey Township 22 North, Range 119 West, of the 6th P.M., LIncoln County. Wyoming. LESS AND EXCEPT the land described in Warranry Deed recorded October 2, 1935 in Book 20 of Deeds on page 51 of the records of the Linco]n County Clerk. PARCEL 12 Southeast Quarter of the Northeast Quarter and Northeast Quarter of the Soulheast Quarter of Section 25, Resurvey Township 22 North, Range 120 West, of the 6th P.M., Lincoln County, Wyoming. PARCEL 13 All of Lot 2 of Section 25. of Resurvey Township 22 North, Range 120 \~'est, and all of Lot 8 of Section 30, of Resurvey Township 22 North. Range 119 West, of the 6th P.M., Linco]n Counry. Wyoming. PARCEL 14 AU of the Southeast Quarter of the Southeast Quaner of Section 25, of Resurvey Township 22 North, Range 120 West, of the 6th P.M. Lincoln Counry, Wyoming. PARCEL 15 That part of Section of25, Resul'"I'ey Township 22 North, Range 120 West of the 6th P.M. Lincoln County, Wyoming, described as fo)]ows: AIJ of the Southwest QuaneI' of the Northeast Quarter, Northwest Quarter of the Southeast Quarter, Lot 3 and Lot 16. EXCEPTING therefrom the South 50 feet ofLoL 16 lying Westerly of the cc:nter·line of the Twin Creek Ditch PARCEL 16 Nonheast Quarter of the Northwest Quarter, South Half of the Northeast Quarter and Northwest Quarter of the Northeast Quarter of Section 3), of Resurvey Township 22 North, Range 119 We$! of the 6th P.M., Lincoln County, Wyoming. EXCEPTING ther-drom any land acquired under a Congressional Railroad land Grant. PARCEL )7 Lot 12, Southwest Quarter of ¡he Southeast QUðl1er and Southeast Quarter of the Southwest Quarter of Section 3D, of Resurvey Township 22 North, Range 119 West of the 6th P.~~.. Lincoln Coum)', Wyoming. LESS AND EXCEPT the land described in Warranty Deed recore/ed February 23, 1932 in Book 17 of Deeds on page 254 or the records of the Lincoln County Clerk. ALSO. EXCEPTING therefrom any land acquired under:a CongressionaJ Railroad Land Grant PAGE 6 OF 7 Tax Notice No. 11-2220-0 1-3·nu·(~lí.()! I Tax Notice No.1 2-2220··0J·4-()(J··(),Z(1.ri(J Tax Notice No. 12-2220·1~-J·O()·n20.(!O Tax Notite No. 12·2 ¡ 9-()7 ·3-¡jO-Oi)l). 01 I Tax Notice No. J 2-2219-07-~ ·Of )-I)O<ìJ:O Tax Notice No. 12-222l1·13<~-()()·O~().O(l Tax Notice No. 1:!-:!22(1·25·2-ú[)··O:W.()() Tax Notice No. J 2-2220-25·1-00.1'¡2n.no 000495 TOGETHER WITH 1180 SHARES of water stock in the BECKWITH QUINN CANAL COMPANY. ALSO TOGETHER with 948 SHARES of water stock in the WOODRUFF NARROWS RESERVOIR COMPANY'. ALSO TOGETHER with the following water rights registered with the State of Wyoming Depal1ment of Water Resources: Water Pennit Number(s): 8923; 7254E; 31340; 8617; 3264; 8918; 7330E; 8639; 71SlE and 7152E. ALSO TOGETHER with all U.S. Bureau of Land Management grazing privileges within the ROCK CREEK allotment. PAGE 7 OF 7