HomeMy WebLinkAbout947741RELEASE OF SECURITY AGREEMENT
AND COLLATERAL ASSIGNMENT U -OV317
THE STATE OF WYOMING §
COUNTY OF LINCOLN §
In consideration of $10.00 and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the undersigned, as transferee under a certain
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Security Agreement and Collateral Assignment dated LgAe 1 , 2008 from
SOUTHWEST GUARANTY PARTNERS, LLC to WELLS FARGO FOOTHILL, INC., duly
recorded in the Official Public Records of Real Property of Lincoln County, Wyoming, under
County Clerk's File No. q $ ~ ~ ~ o1- does hereby reassign to said SOUTHWEST
GUARANTY PARTNERS, LLC without recourse, warranty or guaranty, express or implied, the
following described note and the liens securing the same:
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That one certain Promissory Note in the original principal sum of $2,100,000 dated June
16, 2008 executed by ROCKY MOUNTAIN ROGUES, INC., and payable to the order of
SOUTHWEST GUARANTY, LTD., secured by, among other things, a Mortgage, Deed
of Trust, Security Agreement and Assignment of Leases of even date therewith to A.
KELLY WILLIAMS, Trustee, and an Assignment of Leases and Rents of even date
therewith covering and describing that certain property in LINCOLN COUNTY,
WYOMING, described on Exhibit "A" attached hereto and incorporated herein by
reference for any and all purposes;
and does hereby release and relinquish the above described note and liens securing the same from
the aforesaid Security Agreement and Collateral Assignment.
EXECUTED this day of --5~ t , 2008
RECEIVED 6/15/2009 at 11:02 AM
RECEIVING # 947741
BOOK: 725 PAGE: 317
JEANNE WAGNER
LINCOLN COUNTY CLERK. KEMMERER, WY
WELLS FARGO FOOTHILL, INC.
BY:
NAME:
TITLE:
THE STATE OF TEXAS §
COUNTY OF DALLAS §
This instrument was acknowledged before me on the l ~C day of J v ,
2008, by "-Sohn A Aa✓/ 5 I!i c~ ~~05ic~Pn-~- of
WELLS FARGO FOOTHILL, INC., on behalf of said bank.
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NO RY PUBLIC, STATE OF TEXAS
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Exhibit "A"
UOV319
Part of Lot 601C of LAKEVIEW ESTATES INCORPORATED, TRACTS A-F, Lincoln County, Wyoming,
on January 5, 1965, as Receiving No. 386448, as Plat No. 157, more particularly described as follows:
Beginning at a point which is S29°05'W, 772.00 feet from the Northwest corner of SEl/4, Section 29, T37N,
R118W of the 6th PM, Lincoln County, Wyoming and running thence S63°W, 205.00 feet; thence N27°W,
211.3 feet to right of way of U.S. Highway 89; thence Northeast along right of way U.S. Highway 89 around
curve thereof to a point which is N27°W, 231.6 feet from beginning point; thence N27°E; 231.6 feet to the
point of beginning