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HomeMy WebLinkAbout931593 60107155~U RECORDATION REQUESTED BY: 1st Bank Alpine '. 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 . - --- 1"1 d Escrow 01 YV yuuu"þ' -- Alliance It.e an '.. as a courtesy only. WHEN RECORDED MAIL TO: 1st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 RECEIVED 7/25/2007 at 11 :25 AM RECEIVING # 931593 BOOK: 666 PAGE: 854 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 18, 2007, is made and executed between TIMOTHY PARKER SHEA, TRUSTEE OF THE TIMOTHY PARKER SHEA LIVING TRUST, DATED THE 27TH DAY OF AUSTUST 2002 AND ANY AMENDMENTS THERETO. (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 May 8, 2007 (the "Mortgage") which has been recorded in LINCOLN County, State of Wyoming, as follows: RECORDED 05/16/2007 IN THE LINCOLN COUNTY CLERKS OFFICE BOOK 658 PAGE 36. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in LINCOLN County, State of Wyoming: LOT 2 OF THE LONESOME DOVE RANCH SUBDIVISION, LINCOLN COUNTY, WYOMING, ACCORDING TO THAT PLAT FILED OCTOBER 11, 2001 AS PLAT 88-F. The Real Property or its address is commonly known as 25 LONESOME DOVE TRAIL, ALPINE, WY 83128. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: PRINCIPAL INCREASE FROM $355.188.00 TO $447.188.00. 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 '-!UL Y 18, 2007. ~:;'Si>.,~~l~ Iw.;-l<-~ ~ -r.-dJ \&~~(Älk L'U'âlrvf~ TIMOTHY ~RKER SHEA. Trustee of TIMOTHY PARKER SHEA TRUSTEE OF THE TIMOTHY PARKER SHEA LIVING TRUST under the provisions of a Trust Agreement dated August 27, 2002 LENDER: x Loan No: 764004496 MODIFICATION OF MORTGAGE (Continued) Page 2 TRUST ACKNOWLEDGMENT STATE OF Wr~ ~o..?rz) ) ) SS ) COUNTY OF On this ~ 18 day of Cluj? A..I , 20 () 7 ,before me, the undersigned Notary Public, personally appeared TIMðTHY PARKER SHEA. t1 - -.~ 7 of TIMOTHY PARKER SHEA TRUSTEE OF THE TIMOTHY PARKER SHEA LIVING TRUST. and known to me to be an authorized trustee or agent of the trust that executed the Modification of Mortgage and acknowledged the Modification to be the free and voluntary act and deed of the trust, by authority set forth in the trust documents or, by authority of statute, for the uses and purposes therein mentioned, and on oath stated that he or she is authorized to execute this Modification and in fact executed the Modification on behalf of the trust. By ~ I~ ~~ Residing at Notary Public in and for the State of ttJ 1 ~ 3 My commission STATE OF úJt¡~.9 COUNTY OF ~ ) ) SS ) LENDER ACKNOWLEDGME On this ~ 18 day of ~ . 20 0 7 ,before me the undersigned N appeared OO_"Lì7 úJ6~_ and known to me to be the , authorized agent for the Lender that executed the within an f regoing 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. By ~aJ Notary Public in and for the State of Residing at State of Wyoming LASER I'RO L,ndlng. V.r. 5.37.00.003 Cop'_ HIII'I~d Flrlancl.r Solution" Inc. 1997, 2007. An Right. R.arv.d.