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HomeMy WebLinkAbout940120 Modification of Mortgage Agreement This Modification of Mortgage is dated June 17, 2008 between Bruce Davis and Daniel Allphin (referred to below as "Borrower"), whose address is 4841 Jonathan Rd" Highland, UT 84003 and Pioneer Builders of Nevada (referred to below as "Lender"), whose address is 225 S, Cordova Ave, LeCenter, MN 56057. 000489 Whereas, the Borrower and Lender have entered into a mortgage dated August 23,2007, (the "Mortgage"), which was recorded on August 24, 2007 in Book 669, page 879, as instrument No. 932460 in the records of the County Clerk and Ex-Officio Register of Deeds For Lincoln County, Wyoming; and Whereas, the Borrower has requested the Lender modify the Mortgage to extend the date of the final payment to August 23 of 2009, Now Therefore, the Borrower and Lender agree to amend and modify the Mortgage to reflect the DATE OF FINAL PAYMENT as August 23,2009 Together with all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter as part of the property, All replacements and additions shall also be covered by the Mortgage. All of the foregoing is referred to in the Mortgage as the "Property," 2, CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Mortgage shall remain unchanged and in full force and effect. Consent by the Lender to this Modification does not waive Lenders right to require strict performance of the Mortgage as changed above or obligate Lender to make any future modifications, Nothing in this modification shall constitute a satisfaction of the promissory note 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. EACH BORROWER ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF MORTGAGE, AND EACH BORROWER AGREES TO ITS TERMS. BORROWER: ~~ Bruce Davis Daniel Allphin Lender: Pioneer Builders of Nevada By: STATE OF WYOMING) COUNTY OF LINCOLN) )SS RECEIVED 6/26/2008 at 3:05 PM RECEIVING # 940120 BOOK: 698 PAGE: 489 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY CHERYL A. JONES - NOTARY PUBLIC County of..ta Slate of Lincoln . Wyoming. My Commission ExpIres Feb. 4, 2009 Davis, ""'....."--;¡¡,_....r Modification of Mortgage Agreement This Modification of Mortgage is dated June 17, 2008 between Bruce Davis and Daniel Allphin (referred to below as "Borrower"), whose address is 4841 Jonathan Rd" Highland, UT 84003 and Pioneer Builders of Nevada (referred to below as "Lender"), whose address is 225 S. Cordova Ave, LeCenter, MN 56057, Whereas, the Borrower and Lender have entered into a mortgage dated August 23,2007, (the "Mortgage"), which was recorded on August 24, 2007 in Book 669, page 879, as instrument No. 932460 in the records of the County Clerk and Ex-Officio Register of Deeds For Lincoln County, Wyoming; and Whereas, the Borrower has requested the Lender modify the Mortgage to extend the date of the final payment to August 23 of 2009. Now Therefore, the Borrower and Lender agree to amend and modify the Mortgage to reflect the DATE OF FINAL PAYMENT as August 23,2009 Together with all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter as part of the property. All replacements and additions shall also be covered by the Mortgage. All of the foregoing is referred to in the Mortgage as the "Property," 2. CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Mortgage shall remain unchanged and in full force and effect. Consent by the Lender to this Modification does not waive Lenders right to require strict performance of the Mortgage as changed above or obligate Lender to make any future modifications, Nothing in this modification shall constitute a satisfaction of the promissory note 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, EACH BORROWER ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF MORTGAGE. AND EACH BORROWER AGREES TO ITS TERMS. BORROWER: Bruce Davis ~---t' ~L Da Ie \A.llphin Lender: Pioneer Builders of Nevada By: STATE OF WYOMING) COUNTY OF LINCOLN) )SS On , the above and foregoing instrument was acknowledged before me by Bruce Davis. Notarial Officer STATEOF~' . ..) , . SS COUNTY OF" " On ~, the above and foregoing instrument was acknowledged before me by Daniel Allphin. ~. - d., ". .~~~~ ~ otarial Officer - 18 oÊÑÏSÊ"êfHÜNSAKËR I ~ .~ NOTARYPlJBUCoSTATEáUTAH J ' 45 West 10000 South Suite 201 '. .,' Sandy, UT 84070 On this _day of , 20_, the above and foregoing ins MY COMMISSION EXPIRES:lJS.23.2Oto acknowledged before me by who is the of, Pioneer Builders of Nevada, and who executed the above instrument on behalf of said corporation. L'00491 STATE OF COUNTY OF ) )SS ) Notary Public Modification of Mortgage Agreement This Modification of Mortgage is dated June 17, 2008 between Bruce Davis and Daniel Allphin (referred to below as "Borrower"), whose address is 4841 Jonathan Rd., Highland, UT 84003 and Pioneer Builders of Nevada (referred to below as "Lender"), whose address is 225 S, Cordova Ave, LeCenter, MN 56057. L'00492 Whereas, the Borrower and Lender have entered into a mortgage dated August 23,2007, (the "Mortgage"), which was recorded on August 24, 2007 in Book 669, page 879, as instrument No, 932460 in the records of the County Clerk and Ex-Officio Register of Deeds For Lincoln County, Wyoming; and Whereas, the Borrower has requested the Lender modify the Mortgage to extend the date of the final payment to August 23 of 2009. Now Therefore, the Borrower and Lender ¡;¡gree to amend and modify the Mortgage to reflect the DATE OF FINAL PAYMENT as August 23,2009 Together with all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter as part of the property. All replacements and additions shall also be covered by the Mortgage. All of the foregoing is referred to in the Mortgage as the "Property," 2. CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Mortgage shall remain unchanged and in full force and effect. Consent by the Lender to this Modification does not waive Lenders right to require strict performance of the Mortgage as changed above or obligate Lender to make any future modifications, Nothing in this modification shall constitute a satisfaction of the promissory note 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, EACH BORROWER ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF MORTGAGE, AND EACH BORROWER AGREES TO ITS TERMS. BORROWER: Bruce Davis Daniel Allphin Lender: Pioneer Builders of Nevada By: ./ STATE OF WYOMING) COUNTY OF LINCOLN) )SS On Davis. , the above and foregoing instrument was acknowledged before me by Bruce Notarial Officer ùlf"\IL:.\J'1 I )SS TYOF On Allphin. , the above and foregoing instrument was acknowledged before me by Daniel Notarial Officer STATE OF I1IJ1~Sða) S )SS COUNTY OF L ~, i~tLr) . On this .J.:lday of :fUll e.. ,20M, the above and foregoing instrument was acknowledged before me by i¡"'A¡~h C::1I; who is the P¡-¿-Sl't! e//Î of, Pioneer Builders of Nevada, and ho executed the above instrument on behalf of said corporation. JGtl'~1L 4r~·lll!.(j Notary Publiqi' I ,.~.~1:!.J;(!'t. JOY~~; ^. ~ "J FORCELLE :::~..-:. ,.}.. \', . I , I N~~_:ry t-u0::c-Minnesota -'';'' My Commission expires Jan 31,2010 ,...'v0493