HomeMy WebLinkAbout942559
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RECEIVED 9/30/2008 at 11 :25 AM
RECEIVING # 942559
BOOK: 705 PAGE: 809
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
LOAN MODIFICATION AGREEMENT
This agreement is made and entered into between First International Bank & Trust, the "Bank",
and William J. Wiemann, a single person, the "Mortgagor(s)" and WJW Holdings, LLLP, A
North Dakota Limited Liability Limited Partnership, the "Borrower(s)" .
The Bank is the holder of a note #165301, mortgage and assignment of leases and rents,
incorporated in this agreement by reference, executed on September 12, 2007, as evidence of and
security for a loan made to the Borrower by the First International Bank & Trust on September 12,
2007.
The Borrower is now indebted to the Bank in the sum of $6,000,000.00. $6,000,000.00
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 September 12, 2007 and recorded in the
office of Lincoln County Clerk, Kemmerer, Wyoming on September 26, 2007 as Receiving
#933472, Book 673 and Page 424. The Mortgage and Assignment of Leases and Rents covers the
following described real property:
Lot 42 of Alpine Village Subdivision No 1, Plat 2, Amended, Lincoln County, Wyoming as
described on the Official Plat thereof Recorded June 4, 1981 at Document Number 559191, and
Map Number 264 in the Office of the Clerk, Lincoln County, Wyoming
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 September 15, 2008 to October 15, 2008.
All other terms and conditions will remain the same.
The Mortgage shall continue as a second 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 he in expressly modified,
OOiJ81.0
THIS AGREEMENT, Exe llted by the Mortgagor this~ day of September, 2008.
STATE OF NORTH DAKOTA )
) ss.
COUNTY OF CASS )
On this ¿;}3 day of September, 2008, before me personally appeared William J. Wiemann
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.
KIM HENDRICKSON
Notary Public
State of North Dakota
My Commission Expires July 28, 2010
Notary Public
My Commission Expires: (~/I (')
Executed by the First International Bank & Trust this ~ day of September, 2008.
FIRST INTE
~S
By:
Dennis L. Schock,
President
STATE OF NORTH DAKOTA)
) ss.
COUNTY OF CASS )
On the ~ day of September, 2008, by Dennis L. Schock, known by me to be the ~H
president of the First International Bank & Trust, personally appeared before me and
acknowledged that the First International Bank & Trust executed such agreement.
~ ~-0~hYwk&n
otary Public
My Commission Expires: ¡Þe.J{J)
I [
KIM HENDRICKSON
Notary Public
State of North Dakota
M Commission Expires July 28. 2010