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Home My WebLink About938505 RECORDATION REQUESTED BY: First Bank of Idaho, fsb, dba First Bank of the Tetons Jackson - Main Office 1 85 Powderhorn Lane PO Box 12860 Jackson, WY 83002 RECEIVED 4/25/2008 at 4:32 PM RECEIVING # 938505 BOOK: 692 PAGE: 835 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY WHEN RECORDED MAIL TO: First Bank of Idaho, fsb, dba First Bank of the Tetons Jackson - Main Office 1 85 Powderhorn Lane PO Box 12860 Jackson, WY 83002 SEND TAX NOTICES TO: First Bank of Idaho, fsb, dba First Bank of the Tetons Jackson - Main Office 185 Powderhorn Lane PO Box 12860 Jackson. WY 83002 000835 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated April 10, 2008, is made and executed between ALPINE COMMERCIAL DEVELOPMENT INC (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 February 22, 2008 (the "Mortgage") which has been recorded In Lincoln County, State of Wyoming, as follows: Recorded May 5,2008 In the office of the Lincoln County Clerk as Instrument number 937383. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: LOT FOUR (4) OF THE SNAKE RIVER JUNCTION FIRST FILING SUBDIVISION, RECORDED ON DECEMBER 15, 2006, AT DOCUMENT NUMBER 925355, MAP NUMBER 294-A, IN THE OFFICE OF THE CLERK, LINCOLN COUNTY, WYOMING The Real Property or its address is commonly known as Lot 4 Snake River Junction, Alpine, WY 83128. The Real Property tax identification number 1512-3718-29-200-019.00. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Increase loan amount from $410,000.00 to $510,000.00. All otherterms 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 TERMS. THIS MODIFICATION OF MORTGAGE IS DATED APRIL 10,2008. GRANTOR: LENDER: CORPORATE ACKNOWLEDGMENT COUNTY OF ....,. ~.A-o (...¡ ) ) SS ) K.M.leVasseur NOTARY PUBLIC TETON COUNlY, WYOMING MY COMMISSION EXPIRES June 27, 20æ STATE OF i...J 'f. D V1-'L I:: ^-/0Þ- On this ';;2. 2. >-¿ day of ÅI)(1.2 L , 20 0 Ó ,before me, the undersigned Notary Public, personally appeared Scott M. Shepherd, President of Alpine Commercial Development, Inc., and known to me to be an authorized agent of the corporation that executed the Modification of Mortgage and acknowledged the Modification to be the free and voluntary act and deed of the corporation, by authority of its Bylaws or by resolution of its board of directors, for the uses and purposes therein mentioned, and on oath stated that he or she is authorized to exedute this Modification and in fact executed the Modification on behalf of the corporation. By4 t -P_\)f'A ~.s. \!i - Residing at4~\.> ~/~C'Jro... ~Á.)'~' Notary Public In and for the State of t.J...¡." ¡,~ t' 4å" My commission expires l., ·-9.1- 0 '~ Loan No: 494028210 MODIFICATION OF MORTGAGE (Continued) 000836 LENDER ACKNOWL STATE OF UJ''¡ Dì/YL1ttð T ÁoJ/v K.M. LeVasseur NOTARY PUBUC TETON COUNTY, WYOMING MY COMMISSION ~IRES June 27, 20'£:¡'- COUNTY OF ) ) 55 ) Page 2 On this . . ~~~ day of 11P;(1.·L L , 20 D before me, the undersigned Notary Public, personally appeared J:;.\ \IX')' \,d t:: ;rt;,,>\,, and known to me to be the ' D." \ e~ , authorized agent for First Bank of Idaho, fsb, dba First Bank of the Tetons that executed the within and foregoing instrument and acknowfedged said instrument to be the free and voluntary act and deed of First Bank of Idaho, fsb, dba First Bank of the Tetons, duly authorized by First Bank of Idaho, fsb, dba First Bank of the Tetons 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 in fact executed this said instrument on behalf of First Bank of Idaho, fsb, dba First Bank of the Tetons. \. By -k;(,(1" ,\I ~"'" <uJ. ,...". 0..1".". Q C\. \::~"'" \JJ ~ Notary Public In and for the State of t...) ~O.'YI. r: N (~ My commission ~XPlres l-.. --J 7- 0 ~ LASER PRO Lending, Ver. 5.40.00.003 Copr. Harland Financial Solutions, Inc. 1997, 2008. N:\CONVERlìCFI\LPL\G201.FC TR-6075 PR-REC All Rights Reserved. - WY