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HomeMy WebLinkAbout944715 RECORDATION REQUESTED BY: 1 st Bank Evanston 1001 Main Street P.O. Box 6003 Evanston. WY 82931 WHEN RECORDED MAIL TO: 1 st Bank Evanston 1001 Main Street P.O. Box 6003 Evanston. WY 82931 00&157 SEND TAX NOTICES TO: 1 st Bank Evanston 1001 Main Street P.O. Box 6003 Evanston, WY 82931 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated October 10,2008, is made and executed between BON RICO, INC., A WYOMING CORPORATION (referred to below as "Grantor") and 1st Bank', whose address is 1001 Main Street, P.O. Box 6003, Evanston, WY 82931 (referred to below as "Lender"). MORTGAGE. lender and Grantor have entered into a Mortgage dated October 10, 2008 (the "Mortgage") which has been recorded in LINCOLN County, State of Wyoming, as follows: A MORTGAGE DATED OCTOBER 10, 2008 AND RECORDED OCTOBER 21, 2008, IN BOOK 707, ON PAGE 420, IN THE OFFICE OF THE LINCOLN COUNTY CLERK. q 4 31YHp I '¡ REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in LINCOLN County, State of Wyoming: i ~i 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 24654 SOUTH HIGHWAY 189, KEMMERER, WY 83101. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: As of today's date we are increasing the loan amount by $68,328.97, from 246,313.70 to $314,645.67. 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. t) 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 10,2008. GRANTOR: B ~ cretary of BON RICO, 1 ST BANK X~~ Ben Richins, Loan Officer RECEIVED 1/16/2009 at 10:30 AM RECEIVING # 944715 BOOK: 713 PAGE: 157 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Loan No: 71124853 IVIVUlrl\.,1-\ IIVI" vr IVlvn 1\.:11-\\':11::: (Continued) Page 2 CORPORATE ACKNOWLEDGMENT State of ~ ÜOð158 County of ~ This instrument was acknowledged before me on DQL~m\:X)Y1~/~ate) by GREGORY J COSGRAVE, President of BON RICO, INC. and ROBERTA COSGRAVE, Secretary of BON RICO, INC.. NOTARY PUBUC STATE Of' WYOMING AUGUST 10. 2011 My 'omm;,,;o" "p;'''' ~ I LENDER ACKNOWLEDGMENT State of ~ ~'N\\(t~ County of \J\~~ This instrument was acknowledged before me on ~œm~y y 1,1Ð0matel by ~Y\ R\CV1 ,'í\ 5 My ,omm;,,;o" "p;'''' ~I JAYME R. STUGELME COUNTY OF UINTA NOTARY PUBLIC STATE OF WYOMING AUGUSTfO.2011 lASER PRO lending, Ver. 5.43.00.003 Copr. Harland Financial Solutions, Inc. 1997, 2008. All Rights Reserved. - WY l:\CFI\lPl\G201.FC TR-8571 PR-3 · .I'\&I'I,lV~';:'!..l!JU .u J: ¡ Dr.n ßJ.~n1.l"':> 1 ST BANK 307-789-5393 PHONE 307- 783-6511 ......... (:trv426 PROPERTY: 24654 HWY 189 LINCOLN COUNTY, WYOMING LEGAL DESCRIPTION: PUMP HOUSE PARCEL A PARCEL OF LAND IN THE NE ~ OF LOT 2, OF SECTION 18, OF THE RESURVEY OF T19N, Rl16W, OF TIIE 6TIi P.M., LINCOLN COUNTY, WYOMING AND BEING MORE PARTICULARLY DESCRlBED AS FOLLOWS: COMMENCING AT A 5/81t DIAMETER REBAR WIT"rI AN ALUMINUM SURVEY CAP WIDCH IS STAMPED JFC, PELS 574, CN-NW 1/64, wmCH MARKS THE LOCATION OF THE CN-NW 164 CORNER OF SECTION 18, OF THE RESURVEY OF Tl 9N, Rl16Wt OF THE 61H P,M., LINCOLN COUNTY, WYOMING; THENCE SQ'08'33''E ALONG mE EASTERLY BOUNDARY LINE OF LOT 1 AND LOT 2 OF SAID SECTION 18, A DISTANCE OF 1141.03 FEET TO THE POINT OF BEGINNING; THENCE CONTINUING SO'08'331tE ALONG THE EASTERLY BOUNDARY OF SAID LOT 2, A DISTANCE OF 80.00 FEET; THENCE 882'51 '2T'W, A DISTANCE OF 100.00 FEET; THENCE NO'OS'33"W, A DISTANCE OF 80,00 FEET; THENCE N82'Sl '27"E, A DISTANCE OF 100 FEET TO THE POINT OF BEGINNING. 00ô159 ~û at- MOTEL AND SUPPER CLUB PARCEL A PARCEL OF LAND IN TIŒ NW Y4 OF SECTION 18, OF THE RESURVEY OF Tl9N, RI16W, OF THE 6TIi PM.; LINCOLN COUNTY, WYOMING, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENClNG AT THE NW CORNER OF SECTION 18, OF THE RESURVEY OF T19N, R116W, OF THE 6TH P.M., LINCOLN COUNTY, WYOMJNG; THENCE S47'S6'15''E, A DISTANCE OF 2443.68 FEET TO THE POINT OF BEGINNING. SAID POINT BEGINNING BEING A POINT ON TIlE WESTERLY RIGHT OF WAY BOUNDARY OF U.S. HIGHWAY 189; THENCE N6'22' SO"W ALONG SAID WESTERLY RIGHT OF WAY BOUNDARY OF U.S. moHW A Y 189, A DISTANCE OF 83.66 FEET TO A 5/8" DIAMETER REBAR W111I AN ALUMINUM SURVEY CAP STAMPED eCI PELS 574: THENCE N61'l 0'26"W, A DISTANCE OF 86.57 FEET TO A 5/8" DIAMETER REBAR wrm AN ALUMJNUM SURVEY CAP STAMPED eCI PELS 574; THENCE S83'37'10"W, A DISTANCE OF 364.55 FEET TO A S/8" DIAMETER REBAR WITH AN ALUMINUM SURVEY CAP STAMPED CC[ PELS 574. AND BEING A POINT ON THE EASTERLY BOUNDARY LINE OF LOT 2 OF SECTION 18; . THENCE SO'08'33"E ALONG SAID EASTERLY BOUNDARY OF LOT 2 OF SAID SECTION 18. A DISTANCE OF 466.24 FEET TO A 5/8" DIAMETER REBAR WITH AN ALUMINUM SURVEY CAP STAMPED eel PELS 574; TIiENCE N83' 37' lonE, A DISTANCE OF 485.98 FEET TO A S/8" REBAR WITH AN ALUMINUM SRUVEY CAP STAMPED JFC PELS 574 AND BEING A POINT ON TIlE WESTBRL Y RIGHT OF WAY BOUNDARY OF U.S. IDGHWA Y 189; THENCE N6'22'SO"W ALONG SAID WESTERLY RIGHT OF WAY BOUNDARY ~~ ·1.8. mOHW A Y 189 A DIST ANcr ,.,.,.. "10.00 FEET TO THE POINT OF ~..... f ..11I.1l\.TTltJn