The URL can be used to link to this page

Home My WebLink About943449 Return To: Zions First National Bank, N.A. Attn: Shipping Department 255 N Admiral Byrd Rd Salt Lake City, Utah 84116 142D171355 RECEIVED 11/6/2008 at 12:03 PM RECEIVING # 943449 BOOK: 708 PAGE: 579 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 000579 [Space Above This Line For Recording Data] LOAN MODIF1CATION AGREEMENT (To a Fixed Interest Rate) IF THE LOAN MODIFICATION AGREEMENT MUST BE RECORDED, TWO ORIGINAL LOAN MODIFICATION AGREEMENTS MUST BE EXECUTED BY THE BORROWER: ONE ORIGINAL IS TO BE FILED WITH THE NOTE AND ONE ORIGINAL IS TO BE Rj:CORDED IN THE LAND RECORDS WHERE THE SECURITY INSTRUMENT IS RECORDED This Loan Modification Agreement (the "Agreement"), made and effective this 21 st day of Dctober, 2008 ,between Zions First National Bank, N.A. ("Lender") and DEMONT B GRANDY and PAMELA B GRANDY ("Borrower"), modifies and amends certain terms of Borrower's indebtedness evidenced by (1) the Note (the "Note") 10 Lender dated the 18th day of October. 2007 ,intheoriginalp~cipalsumofU.S.$ 154,000.00 and secured by (2) the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument") and Rider(s), if any, dated the same date as the Note and recorded in Book or Liber 676 , at pages 460 ,of the County Records [Name of Records] of LINCOLN , \'IY [County and State, or other 1urisdiction]. The Security 142D171355 MULTISTATE LOAN MODIFICATION AGREEMENT (To a Fixed Interest Rate) - Single Family - Freddie Mac UNIFORM INSTRUMENT Form 5161 3/04 e-S94R (0404) 11t Page 1 of 5 Initials: VMP Mortgage Solution,; .D 0 (800)521-7291 D 11111111111111111111111111111111111 ----.-----"-------- --- Instrument covers the real and personal property described in the Security Instrument and dermed as the "Property". located at: 41D SIXTH STREET, COKEVILLE, WY 83114 [Property Address] the real property described being set forth as follows: LOTS ONE (11, TWO (21, AND THREE (31 DF BLOCK ONE 111 OF THE HEUETT ADDITION TO THE TOWN OF COKEVILLE, LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT THEREOF RECORDED MARCH 8, 1911 AS MAP NUMBER 130, IN THE OFFICIE OF THE CLERK, LINCOLN COUNTY, WYOMING. In consideration of the mutual promises and agreements exchanged, Lender and Borrower agree as follows (notwithstanding anything to the conlrary contained in the Note and Security Instrument): 1. Current Balance, As of October 29, 2008. , the amount payable under the Note and Security Instrument (the "Unpaid Principal Balance") is U.S. $ 154 , 000 . 00 2. Interest Rate. Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of Lender. Interest will be charged on the Unpaid Principal Balance at the yearly rate of 5,7500 %, beginning October 29, 2008 ,both before and after any default described in the Note, The yearly rate of 5,7500 % will remain in effect until principal and interest is paid in full. 1420171355 ~.894R (0404) Page 2 of 5 InltialS~ Form 5161 3/04 DB --.--.-- 600580 '. 3. Monthly Payments and Maturity Date, Borrower promises to make monthly payments of principal and interest of U,S. $ 898.70 , beginning on the 1st day of December, 2008 ,and continuing thereafter on the same day of each succeeding month until principal and interest are paid in full. If on November 1, 2038 , (the "Maturity Date"), BOlTower still owes amounts under the Note and the Security Instrument, as amended by this Modification Agreement, the Borrower will pay these amounts in full on the Maturity Date. 4, Place of Payment. Borrower must make the monthly payments at 255 N Admiral Byrd Road Salt Lake City, Utah 84116 or such other place as Lender may require. 5. Partial Payments, BOlTower may make a full prepayment or partial prepayments without paying any prepayment charge. Lender will use the prepayments to reduce the amount of principal that BOlTower owes under the Note. However, Lender may apply the Prepayment 10 the accrued and unpaid interest on the prepayment amount before applying the prepayment 10 reduce the principal amount of the Note, If Borrower makes a partial prepayment, there will be no changes in the due dates or the amount of the monthly payments unless Lender agrees in writing 10 those changes. 6. PropertY Transfer, If all or any part of the Property or any interest in the Property is sold or transferred (or if BOlTower is not a natural person and a beneficial interest in BOlTower is sold or ttansferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by the Security Instrument, If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the 'notice is given in accordance with Section 15 of the Security Instrument, within which Borrower must pay all sums secured by the Security Instrument. If Borrower fails to pay these sums prior 10 the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on BOlTower. 7. ComDliance with Covenants. Borrower also will comply with all other covenants, agreements, and requirements of the Security Instrument, including without limitation, Borrower's covenants and agreements to make all payments of taxes, insurance premiums, assessments, escrow items, impounds, and all other payments that Borrower is obligated 10 make under the Security Instrument. Nothing in this Agreement shall be understood or construed 10 be a satisfaction or release in whole or in part of the Note and Security Instrument. Except where otherwise specifically provided in this Agreement, the Note and Security Instrument will remain unchanged, and Borrower and Lender will be bound by, and comply with, all of the terms and provisions thereof, as amended by this Agreement. 1420171355 CIt-894R (0404) Page 3 of 5 InitiaIS:O' ~ 'J Form 51613/04 '. ~' OOû581. J( Ia -... WIm<of,....... ud B~..".... ~.~ut. JÙ.mO"'* e...J:).... ~ .l~i"'''") 'f, '~ ¿~, DEMONT B GRANDY - rrower PAMELA B GRANDY -B~~ (Seal) -Borrower (Seal) -Borrower (Seal) -Borrower 142D171355 Gt-894A (0404) (Seal) -Borrower (Seal) -Borrower (Seal) -Borrower II'.' FI'" N"I"'~__" Name Of22/ By: 6t '- . VI CE PRESI DENT Page 4 of 5 Form 51613/04 00&582 OOô583 - [Space Below This Line For Acknowledgment in Accordance with Laws of Jurisdiction] - See Attached Notary Acknowledgement as Page 6 1420171355 cD-S94R (0404) 4D Page 5 of 5 Initials:f k M Form 5161 3/04 Notary Acknowledgement to Modification STATE OF ¿¿j~", . rA;¡ ~ss: , COUNTYOF~~ ) I hereby certify that on this day, before me (notary), personally appeared DEMONT B GRANDY and PAMELA B GRANDY C'OÖSS4 known to be the person,s) described in and who executed the foregoing Loan Modification Agreement and acknowledged before me that he/she/they executed the same for the purpose therein expressed, Witness my hand and official seal this rARr;!: day of (ù11':b;I.~c..- , c1{)(! :I. ~¡¿,.{~ Aa-;,.~ It.-- No al}' Public Residing at: ¿~{.I..- Z.()"t/Y. My Commission Expires: m ag ~ D I .? (j (> 7 : . ,I,.,;tt',· . .. . ,,,,,'.;"1. -:". ': ", '. ~·Ðana...~~~ Countý Of ..., Sl8te0f Uncoln ' ,WYo,mll')g My Commission Explr~ M~ 20, 2009 STATE OF ~ ) COUNTY OF lCt.. ~ ~SS: I hereby certify that on this day, before me, ~<2..\~~ -S \ \ l 4 (notary). personally appeared 'ÖC4.\1\d t-\.~DV1. known to be the VICE PRESIDENT of the corporation named and that he/she/they acknowledged executing the same freely and voluntarily under authority duly vested in them by said corporation. Witness my hand and official seal this .2. e.y day of 6è..dc pe r ~I~ q .QQillL Residing at: My commission Expires: , 'WO~ I\iOTARY PUBLIC MEUSSA ELLIOTT '255 N Admiral Byrd Rd '3alt lake City. UT 84116 My Commission Expires March 21, 2011 _",__..._2ATE OF UTAH 1894R8 Rev 07104 1420171355