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HomeMy WebLinkAbout932085 RECORDATION REQUESTED BY: First Bank of Idaho, fsb, dba First Bank of the Tetons Jackson Office 1 85 Powderhorn Lane PO Box 12860 Jackson, WY 83002 HdMM Jändlìtle .....C9mpttRY SINCE 1904 WHEN RECORDED MAIL TO: First Bank of Idaho, fsb, dba First Bank of the Tetons Jackson Office 1 85 Powderhorn Lane PO Box 12860 Jackson, WY 83002 RECEIVED 8/13/2007 at 12:14 PM RECEIVING # 932085 BOOK: 668 PAGE: 624 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY SEND TAX NOTICES TO: First Bank of Idaho, fsb, dba First Bank of the Tetons Jackson Office 1 85 Powderhorn Lane PO Box 12860 Jackson, WY 83002 000624 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated August 2,2007, is made and executed between JEFFREY TIBBITTS, a single man (referred to below as "Grantor") and First Bank of Idaho, fsb, dba First Bank of the Tetons, whose address is 185 Powderhorn Lane, PO Box 12860, Jackson, WY 83002 (referred to below as "Lender"). MORTGAGE. Lender and Grantor have entered into a Mortgage dated May 23, 2007 (the "Mortgage") which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded May 30, 2007 in the Lincoln County Clerk's Office as Receiving No 929831. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Lot 156, NORDIC RANCHES DIVISION NO. 11, 2nd Filing, Lincoln County, Wyoming according to that plat filed May 24, 2007 as Receiving No. 929684 The Real Property or its address is commonly known as 120 Pony Circle, Etna, WY 83118. The Real Property tax identification number is 36192640028000. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Increase loan amount from $200,000.00 to $300,000.00. All other terms and conditions remain the same. 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 TERI\.1S. THIS MODIFICATION OF MORTGAGE IS DATED AUGUST 2,2007. FIRST BANK OF IDAHO, FSB, DBA FIRST BANK OF THE TETONS v-p INDIVIDUAL ACKNOWlEDG STATE OF ~~ ~ÓM'\Vl~ IëtCVì SHANNON BARDEN NOTARY PUBLIC COUNTY OF . STATE OF TETON· WYOMING MY COMMISSION EXPIRES (/I I II ; ) ) SS ) COUNTY OF On this day before me, the undersigned Notary Public, personally appeared Jeffrey Tibbitts, to me known to be the individual described in and who executed the Modification of Mortgage. and acknowledged that he or she signed the Modification as his or her free and voluntary act and deed, for the uses and purposes therein mentioned. A Given under my hand and official seal this Î day of \A~ ~i 1 r , ' 20 0 1 By Sl.- I'"S ~ Residing at T( tc'lV\ {tlVlVt+ va- Notary Public In and for the State of ~ AJ ¡ '10 M \ I^'¡- My commission expires fJ II I t I Loan No: 494025372 MODIFICATION OF MORTGAGE (Continued) Page 2 000625 LENDER ACKNOWLEDGMEN STATE OF W~6'M\v\9 "1ttM SHANNON BARDEN NOTARY pÛB11r.1 COUNTY OF . STATE OF . TETON WYOMING MV COMMISSION EXPIRES It/ II111 J ) 55 ) COUNTY OF A V\._~/V\ç ï ,20 Dí , before me, the undersigned Notary Public, personally and known to me to be the ¿'Í; VC , authorized agent for the Lender that executed the within and foregoing instrument and acknowledged said instr ent 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 ~'---- ,S"",-J-- On this appeared '1 day of Notary Public in and for the State of WJÖM ; 1'1 Ô" Te+M (O\Ak:¡-(1 My commission expires {p II I" Residing at lASER PRO Lending. V.r. 5.J6.00.004 Copr. Harland Financial Solullon., Inc. 1997.2001 All Rlghl$ Reserved . WY N:\CONVERncFIILPl\G201.FC TR·5282 PR.cONSTlN