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HomeMy WebLinkAbout938991 RECORDATION REQUESTED BY: Bank of Jackson Hole Bank of Alpine, A Branch of BOJH 140 Hwy 89 PO Box 7000 Alpine, WY 83128 RECEIVED 5/14/2008 at 10:09 AM RECEIVING # 938991 BOOK: 694 PAGE: 554 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY WHEN RECORDED MAil TO: Bank of Jackson Hole Bank of Alpine. A Branch of BOJH 140 Hwy 89 PO Box 7000 Alpine. WY 83128 SEND TAX NOTICES TO: Sharon S. Hatfield Larry Hatfield P.O. Box 1276 Thavne, WY 83127 000554 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE ¡{c 11 THIS MODIFICATION OF MORTGAGE dated May 1. 2008. is made and executed between Sharon S. Hatfield. whose address is P.O. Box 1276. Thayne. WY 83127 (referred to below as "Grantor") and Bank of Jackson Hole. whose address is 140 Hwy 89. PO Box 7000. Alpine. WY 83128 (referred to below as "lender"). MORTGAGE, Lender and Grantor have entered into a Mortgage dated December 14, 2007 (the "Mortgage") which has been recorded in Lincoln County, State of Wyoming, as follows: Mortgage recorded 1-2-2008 at Receiving #935959 Book 682 Page 656 In the Office of the Lincoln County Clerk. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: See Exhibit A, which is attached to this Modification and made a part of this Modification as if fully set forth herein, The Real Property or its address is commonly known as 599 Leavitville Lane, Afton, WY 83110, MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Modification of mortgage to increase the maximum obligation to $50,000.00. 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, i t¡ 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. WAIVER OF HOMESTEAD EXEMPTION. Grantor hereby releases and waives all rights and benefits of the homestead exemption laws of the State of Wyoming as to all indebtedness secured by this Modification of Mortgage, GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF MORTGAGE AND GRANTOR AGREES TO ITS TERMS. THIS M IFICATION OF MORTGAGE IS DATED MAY 1.2008. ~ A~" ','",", . ,'.- -. ,", . ,'-'- .,", ". ..... - . .'. . . ,. , , . - . -. . . . ... ..,' . . '.','-.' -.... .', -......,' . " .,,' -, '," . X" ..............................~...................... .......................... . . . . ," .. . . ., .. .... . .. .. ., "". .. . - - "'... ,. . "" . .. , ,.. . -" - -,", . .',',- . ... .,'". .,'. , - ..,... , Larry Hatfield 7., '7 Vi.<' , LENDER; X Loan No: 121592 MODIFICA Tlul'II uF MORTGAGE (Continued) ooo~~;:) Page 2 INDIVIDUAL ACKNOWLEDGMENT STATE OF ~{)fY) í 05 COUNTY OF Lí nc.d h SS ¡~í~~~,:::L'g;~;~~;:-~:~t:;~::~ô;~~~~~~~G~l¡ ¡ CGU¡-rry OF ' ",:-.~;,\ 81:'\1'1:: OF 1{ ¡ UHCOLN 1î WYOi~HNG ¡ì I,' \ ~~~t~~~~,~~~~;:':;':.;:~\i'!~,I:';::,~:..~~.~~~r:.. ! ~. - '.......,-...........',.......-..., ·~"~...............~-~......~~·...·...................v'~) On this day before me, the undersigned Notary Public, personally appeared Sharon S. Hatfield, 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. Given und and fici I seal this ~ hq WyC)¡rn; f\S d.yof rn ºt Residing at~ÝÌo. , , My commission expires ,200 ð" t¡J Ý QYV\; (\-5 [. to - 09 By INDIVIDUAL ACKNOWLEDGMENT STATE OF ~ \/om,'0J I COUNTY OF L; f\C of I---.. ) ) ss ) ¡~Ã~~7ÈR-:;~~.·:;~;:;~.'\'~ç~~~;;,jt'~n¡ COUNTY OF ,¡:~'T.<'llr OF !i LINCOLN \:VYOMiNG ;1 t~:~~.?.~M s::.~~.~r.:.~~,::~~~~~:.~,L!L ~r:~':,¡! _......._..r__,...."._~_....M.,."'..............,.,""',,.,., ."'..,"_..' ", On this day before me, the undersigned Notary Public, personally appeared Larry Hatfield, 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, Given und r my ha d an offl ial seal this ~,.q W yom; ''5 day of may ,20 0'6 Residing a¡__fj (\ CÀ,) {/J Ý OM( 1/\5 My commission expires f- (0- 09 By Notary Public in and for the State of LENDER ACKNOWLEDGMENT STATE OF ~J yory,/ ý\ J COUNTY OF l.; I\CoI V"'- an this ~,.q day of , 20 0 1r , before me, the undersigned Notary Public, personally appeared Phillip W Newcomb and known to me t be the Senior Vice President, authorized agent for Bank of Jackson Hole that executed the within and foregoing instrument and acknowledged said instrument to be the free and voluntary act and deed of Bank of Jackson Hole, duly authorized by Bank of Jackson Hole through its board of directors or otherwise, for the uses and purposes therein mentioned, and on oath stated that e or she is auth Ize to execute this said instrument and in fact executed this said instrument on behalf of Bank of Jackson Hole. /"\ Residing at tt (\CA. ) ) SS ) .........~·...·,_..,...."".............·~""'....r.....·~_~~,-,,·~~-"'~ '-". ...... .._."......-..."" ., -""':""". '. ïM¡ill'NE'FíSHËR'-~·'····~~;~rÃ~YPúFjLÎë· l COUiHY OF STATE QF ¡ LINCOLN WYOMING , MY COMMISSION EXPIRES JANUARY 10, 201.J0 íl ~~~~~....;;.~~;~:-:"'":."!,.\.~.~, By Not"y Pnbn,;n .nd f.. tho Stato of IVY Om! J My commission expires I W \/ OM ; ('\ 5 ( 3 f -1 Q- 0 LASER PRO Lending, Ver. 5.40,00.003 Copr, Harland Financial Solutions, Inc, 1997, 2008, H:\HARLAND\CFI\LPL\G201.FC TR-7 PR-8 All Rights Reserved, - WY LEGAL DESCRIPTION EXHIBIT 'A' Ord<:{N~: 6010716231 .All of the Southm'St QIl&rter oftbe SoutbeutQUartlT and GLO Lot 4 ofSec6on 17, 2ad tbat part oCthe WertHalC of the South"'dt Quarter of Section 16. TOWlIShlp 32 NQrtb lW1¡e 119 West r¡f the 6110 P,M., Lincoln County, Wyomin2 being part of that tract of record in tbe orfice of the Cluk of Lincoln County in Book 391PR on page 5S2, :IS follow': BegtnnIng at the Southwest coruet" of said SettiOR 16; thence North 61~4(j'35" EaJl, 1104.04 fee4 aJong tbe northwesterly line oithat part of "Paret! No, 5" lying wïthln the Southwut Quarter of said S¢cUon 16 of record 10 said Offic.e in Book 459PR 011 paRe 601, idtutlcal with. 3. line connecting t]¡e soutbwlllt corner of said Se«ion 16 and tha northeast corner of the South H&Jf of the .!ioutbWe3t Quamr of .aId Section 16, to A point; then"" North 0S-20'43" West, 417,66 teet, along.á lÅDe parallel mth a"d offset westerly 12 feet from IUI existing e.ast fence line of th:tt eXisting Z4 foot access easement to a point; . thcnee North 11·58'54" Welt, 34-5~ feet, to a point At a fencetonle(j tllenceNortb OS°1:2'09" WI!$f, 333,06 reef:, along Rl1.l!JtÍStllli fence line, to.. pOint; tJlènc:e North 03951'4~" Weft, 504,23 teet, along laid existing fence Une, to A point Dn the soutbeasterly line of that ''J)ry Farm #1" tra~t of r~ord in said Offic.e in Book 24~~oDpage1l9; thence SDuth 63~03'1S" W\!St, 109t.1/;J re~ :doni said 80uthedr line, to the northwest t.orntlr of laid South naif of the Southwest Quarter; tbencø South 00·33'01" EIIJt,13.tO.53 teet, alODg the "'cst line ofsllid 8ediOD 16, to tJÌe çOfntr OfbtgiußÍng. 600556