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HomeMy WebLinkAbout932286 PARTIAL RELEASE OF MORTGAGE (WITH POWER OF SALE), ASSIGNMENT OF PROCEEDS OF PRODUCTION, SECURITY AGREEMENT AND FINANCING STATEMENT . 000294 For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the undersigned JDW, Inc., a Texas corporation ("Mortgagee"), hereby executes and delivers this Partial Release of Mortgage (with Power of Sale), Assignment of Proceeds of Production, Security Agreement and Financing Statement (this "Release") to release of record that certain Mortgage (with Power of Sale), Assignment of Proceeds of Production, Security Agreement and Financing Statement granted by Hunter Energy LLC ("Mortgagor") to Mortgagee dated as of December 9, 2005 and recorded April 10, 2006 in Book 616 at Page 524 of the real estate records of Lincoln County, Wyoming, and that certain Mortgage (with Power of Sale), Assignment of Proceeds of Production, Security Agreement and Financing Statement granted by Mortgagor to Mortgagee dated as of January 19, 2006 and recorded April 10, 2006 in Book 616 at Page 552 of the real estate records of Lincoln County, Wyoming, (collectively, with the liens created thereby, the "Mortgages") insofar and only insofar as such Mortgages cover and burden a eight and thirty-three one hundredths percent (8.33%) interest (the "Released Interest") in the leases and lands located in Lincoln County, Wyoming described on Exhibit A attached to this Release (collectively, the "Released Lands"). It is the intent of Mortgagee herein to release and discharge, and Mortgagee does hereby release and discharge, the Released Interest in the Released Lands from the Mortgages and the liens created thereby. This Release shall not in any way affect the validity or existence of the Mortgages, or the liens created thereby, insofar as they relate to, cover or encumber any interests, leases and lands not included within the Released Interest in the Released Lands described above, and the Mortgage shall remain in full force and effect except as to such Released Interest in the Released Lands. Without limiting the generality of the foregoing and for avoidance of doubt, this Release releases and discharges the Mortgages and liens created thereby only as to an eight and thirty-three one hundredths percent (8.33%) interest in the Released Lands, and that Mortgagee shall retain the rights, benefits and privileges granted it under the Mortgage and liens created thereby as to a twenty-five percent (25.0%) interest in the Released Lands. [SIGNATURE AND ACKNOWLEDGMENT PAGES ATTACHED] RECEIVED 8/20/2007 at 3:32 PM RECEIVING # 932286 BOOK: 669 PAGE: 294 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 1 IN WITNESS WHEREOF, the undersigned has executed this Release as of the \ I'\~ day of July, 2007. MORTGAGEE: 000295 ::!Inc'_i~_ ItS:~ STATE OF TEXAS COUNTY OF ~~.. ~+ ) ) ss ) T4.e foregoing instrument was acknowledged before me by "J. ~CJ~c..-JC-\.~ V,)\\\~~CI'\/'-o as \\"'~s.\r\i:'r'\¡""\-- of JDW, Inc., a Texas corporation, this I~day of July, 2007. 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