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HomeMy WebLinkAbout947636RECORDATION REQUESTED BY: 1st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 WHEN RECORDED MAIL TO: 1st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 RECEIVED 6/9/2009 at 11:13 AM RECEIVING # 947636 BOOK: 724 PAGE: 708 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 708 SEND TAX NOTICES TO: 1st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated May 22, 2008, is made and executed between STEWART CREEK SUBDIVISION, LLC (referred to below as "Grantor") and 1st Bank, whose address is 79 Highway 89, P.O. Box 3110, Alpine, WY 83128 (referred to below as "Lender"). MORTGAGE. Lender and Grantor have entered into a Mortgage dated May 13, 2009 (the "Mortgage") which has been recorded in LINCOLN County, State of Wyoming, as follows: MORTGAGE RECORDED ON MAY 27,. 2008, IN BOOK 695 ON PAGE 382, 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: PARCEL #1: LOT ONE (1), LOT TWO (2), LOT THREE (3), AND LOT EIGHT (8) OF THE STEWART CREEK SUBDIVISION, LINCOLN COUNTY, WYOMING, ACCORDING TO THAT PLAT OF THE SUBDIVISION RECORDED OCTOBER 8, 1981 IN THE OFFICE OF THE CLERK, LINCOLN COUNTY, WYOMING, AS PLAT NO. 275. PARCEL #1A: EASEMENT FOR INGRESS AND EGRESS AS DESCRIBED IN DOCUMENTS RECORDED IN BOOK 130 P.R., ON PAGE 196; IN BOOK 147 P.R., ON PAGE 66: IN BOOK 147 P.R., ON PAGE 79; IN BOOK 147 P.R., ON PAGE 80; IN BOOK 147 P.R., ON PAGE 81; IN BOOK 181 P.R., ON PAGE 773 AND IN BOOK 185 P.R., ON PAGE 248. The Real Property or its address is commonly known as LOTS 1,2,3, & 8 OF STEWART CREEK SUBDIVISION, ALPINE, WY 83128. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: AS OF TODAY'S DATE WE ARE CHANGING THE COLLATERAL FROM: PARCEL #1: LOT ONE (1), LOT TWO (2). LOT THREE (3), AND LOT EIGHT (8) OF THE STEWART CREEK SUBDIVISION, LINCOLN COUNTY, WYOMING TO: PARCEL #1: LOT ONE (1), LOT TWO (2), LOT FIVE (5), AND LOT EIGHT (8) OF THE STEWART CREEK SUBDIVISION, LINCOLN COUNTY, WYOMING.. 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. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF MORTGAGE AND GRANTOR AGREES TO ITS TERMS. THIS MODIFICATION OF MORTGAGE IS DATED MAY 22, 2008. GRANTOR: EWART CREE 7IV CEN, r By: ATHEW ALON Y R MEIKLE ST By: ivjvuirjL,m i iviv yr ivivn i uAuc Loan No: 761001929 (Continued) Page 2 LENDER: 1ST BANK : ~ ®9 X James Robinson, Loan ffi er LIMITED LIABILITY COMPANY ACKNOWLEDGMENT State of County 6t~~ This iume acknowledged before me on (date) MATHE R MALONEY, 07 of STEWART CREEK SUBDIVISION, LL and RO ERT R. MEIKLE, of ST ART CREEK SUBDIVISION, LLC. T' E[:DORETTA B NOTARY PUBLIC STATEOF 1 otarial Signature) WYOMING x Tres Febru 20, 2010 My commission expires: MODIFICATIvim vF MORTGAGE Loan No: 761001929 (Continued) Page 3 LENDER ACKNOWLEDGMENT 000710 State of County 2 This instrument was acknowledged before me on DOREi T ydEBB V NOTARY PUBLIC STATE OF COUNTY OF VS0110 LING LINCOLN 2010 Februar 20' L4Z~E (No rial Signature) My commission expires o ~ LASER PRO Lending, Ver. 5.44.00.102 Copr. Harland Financial Solutions, Inc. 1997, 2009. All Rights Reserved. - WY D:\LASERPRO\FNB\CFI\LPL\G201.FC TR-7308