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RECEIVED 11/13/2007 at 3:42 PM
RECEIVING # 934825
BOOK: 678 PAGE: 511
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
OOOS~1.
LOAN MODIFICATION AGREEMENT
This agreement is made and entered into between First International Bank & Trust, the "Bank",
and Signature Investments, LLC, A North Dakota Limited Liability Company, the "Borrower(s)".
The Bank is the holder of a note #160234 mortgage and assignment of leases and rents,
incorporated in this agreement by reference, executed on October 13, 2006, as evidence of and
security for a loan made to the Borrower by the First International Bank & Trust on October 13,
2006.
The Borrower is now indebted to the Bank in the sum of $1,000,000. $1,000,000 consisting of
principal and $0.00 consisting of interest and as of this date and no unpaid installments of ground
rents, hazard insurance premiums, taxes, assessments, and mortgage insurance premiums, the
payment of which is secured by a Note, Mortgage, and Assignment of Leases and Rents owned
and held by the Bank dated October 13,2006 and recorded in the office of Lincoln County Clerk,
Kemmerer, Wyoming on November 7,2006 as Receiving #924161, Book 639 and Page 519 and
An Assignment of Leases and Rents with a Receiving #924162, Book 639 and Page 527. The
Mortgage and Assignment of Leases and Rents covers the following described real property:
Lot 94 in Alpine Village Subdivision No. I, Plat 2 Amended 11 tJ¡ Filing, Lincoln County,
Wyoming as Described on the Official Plat Thereof
A Condominium Development which is known as Lake View Villas Condominiums sits on Top of
Lot 94.
Formally known as at the time of our recording
Lot 82 in Alpine V illage Subdivision No. 1 Plat 2 Amended 6th Filing, Lincoln County, Wyoming
as Described on the Official Plat Thereof.
The parties mutually desire and agree to modify the following terms and conditions and will
become effective on the date this document is executed by all partners:
The maturity date will be extended from October 11, 2007 to October 11, 2008.
All other terms and conditions will remain the same.
000512
The Mortgage shall continue as a first lien upon the premises and neither the obligation evidencing
this indebtedness nor the mortgage securing the same shall in any way be prejudiced by this
Agreement, but the obligation and Mortgage and Assignment of Lease and Rents and all covenants
and agreements thereof and the rights of the parties thereunder shall remain in full force and effect
except as herein expressly modified.
~-r
THIS AGREEMENT, Executed by the Borrower this '3L day of October, 2007.
~~
James R. Bullis
Member
STATE OF NORTH DAKOTA
)
) ss.
COUNTY OF CASS )
On this ~! ")-ç:-y of October, 2007, before me personally appeared James R. Bullis known to me
to be the person(s) who are described in and who executed the within instrument and
acknowledged to me that they executed the same.
IJlu ~ I ~~
Notary Public
My Commission Expires:
TERESA KUZNIA
Notary Public
State of North Dakota
My C "mission Expires Sept. 24,';::010
~~~
Executed by the First International Bank & Trust this3L- day of October, 2007.
FIRST INTERNATIONA~ BANK & TryST
By: 7//~Þ~
Michael Bannach, Vice President
STATE OF NORTH DAKOTA)
) ss.
COUNTY OF CASS )
On thùL day of October, 2007, by Michael Bannach, known by me to be the vice president of
the First International Bank & Trust, personally appeared before me and acknowledged that the
First International Bank & Trust executed such agreement.
ot ry Public
My Commission Expires:
j(IM HENDRICKSON
l\Jotary Public
Stote of North Dakota
My Commission Expires July 28. 2010