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HomeMy WebLinkAbout938969 RECORDATION REQUESTED BY: 1st Bank A fton 314 South Washington St. P.O. Box 1620 Afton, WY 83110 WHEN RECORDED MAIL TO: 1st Bank Afton 314 South Washington St. P.O. Box 1620 Afton, WY 83110 RECEIVED 5/13/2008 at 12:41 PM RECEIVING # 938969 BOOK: 694 PAGE: 468 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY SEND TAX NOTICES TO: 1 st Bank Afton 314 South Washington St. P.O. Box 1620 Afton. WY 83110 000468 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated October 16. 2007. is made and executed between KELLY A JOHNSON and CELIA A JOHNSON. whose address is POBOX 113. SMOOT. WY 83126 (referred to below as "Grantor") and 1st Bank. whose address is 314 South Washington St.. P.O. Box 1620. Afton. WY 83110 (referred to below as "Lender"). MORTGAGE. lender and Grantor have entered into a Mortgage dated October 16, 2007 (the "Mortgage") which has been recorded in LINCOLN County, State of Wyoming, as follows: Lincoln County Clerk. Book 677 Page 785 Date 11/05/2007. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in LINCOLN County, State of Wyoming: I if See SEE EXHIBIT" A", which is attached to this Modification and made a part of this Modification as if fully set forth herein. 4& The Real Property or its address is commonly known as SPRING CREEK ROAD, AFTON, WY 83110. / '- MODIFICATION. lender and Grantor hereby modify the Mortgage as follows: Substitution of Collateral - Releasing the land that is the collateral on the above referenced mortgage - Attaching a new piece of land as collateral to the mortgage. legal Description Exhibit "A". 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 OCTOBER 16, 2007. :~~N~ lENDER: x ~i'~'C)Im~ C A HNS N ' Loan No: 61011138 MODIFICATION OF MORTGAGE (Continued) (h,,,·'X69 Page 2 INDIVIDUAL ACKNOWLEDGMENT ;.. NOTARY PUBüèl STATE OF t<.) r¡~ ) County of' State of SS Lincoln Wyoming COUNTY OF ~~) » M Commission Expires S~~ On this day before me, the undersigned Notary Public, personally appeared KELLY A JOHNSON and CELIA A JOHNSON, to me known to be the individuals described in and who executed the Modification of Mortgage, and acknowledged that they signed the Modification as their free and voluntary act and deed, for the uses and purposes therein mentioned. Given under my hand ~nd official seal this '/ Çl; day of ---¡r; ay .' 20 0 g . , By Residing at ~~ ¿?~ Notary Public in and for the State of My commission expires 9 - J 5 - / j LENDER ACKNOWLEDGMENT STATE OF ) ) SS ) ROXIE JENKINS ' NOTARY PUBLIC COUNTY OF . STATE OF LINCOLN WYOMING MY COMMISSION EXPIRES APRIL 4. 2010 uJY{)/J? />2;/ COUNTY OF i/l7 L () / rl ../ . On this " ¡~ i::lt-. day of '-111/2f1r> ' 20 0 ({', before me, the undersigned Notary Public, personally appeared Roger Coles and known to me to be the Vic iesident, authorized agent for 1st Bank that executed the within and foregoing instrument and acknowledged said instrument to be the free and voluntary act and deed of 1st Bank, duly authorized by 1st Bank 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 sai~,~~nt and. in fact executed t~is said instrument on behalf of 1st Bank. BY\'~ < (l ~~"'~'?l;;' ---- Residing at :J;?70Cy-l t()~ Notary Public in and for the State of Ú)y 0/7'7 C /!J' My commission expires if /7' I:;. (/ / Õ LASER PRO Lending, Ver. 5.40.00.003 Copr. Harland Financial Solutions, Inc. 1997, 2008. D:\LASERPRO\FNB\CFI\LPL\G201.FC TR-5725 All Rights Reserved. - WY LEGAL DESCRIPTION EXIDBIT 'A' 000470 That part of the South Half of the Southwest Quarter of Section ZS and part of the Southeast Quarter ofth~.s01Ìtheast Quarter of Section 26, Township 31 North, Range 119 weSt, Lincoln County, Wyoming, being part of that tract of record in the Office of the Clerk of LincolIl'County in Book 441 of Photostatic R.ecords on page 414, described as followsi All of Parcel Zrl Amended (Z) as depicted on that plat ffied in sa~d Office as Plat No. 225-B titled, "Plat To Accompany Amended Partel DiviSion AppRcation for Kelly A. JohnSon and Celia A. J obmon Gordon R. Larsen and Debra S. LanenParcel X.,.. Amended (1.) aød Parcel Z-1 - Amended (2) WithThe South Half of the Southwest Quarter Sedion 2S Southeast Quarter of the Southeast Quarter Section 26 To".nsbip 31 North, Range 119 West LincolD County, Wyoming", dated 28 February 200J and revised 14 March 2001.