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HomeMy WebLinkAbout948982RECORDATION REQUESTED BY: First Interstate Bank Jackson Main Branch 842 West Broadway P. O. Box 11095 Jackson, WY 83 002-1 0 9 5 WHEN RECORDED MAIL TO: First Interstate Bank Jackson Main Branch 842 West Broadway P. O. Box 11095 Jackson, WY 83002-1095 RECEIVED 8/18/2009 at 10:58 AM RECEIVING # 948982 BOOK: 730 PAGE: 122 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 0%f )Vf3.22 Firstkwavr wwj Bank MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated August 6, 2009, is made and executed between Alpine Junction LLC, a Wyoming Limited Liability Company, whose address is 330 North Glenwood, Jackson, WY 83001 (referred to below as "Grantor") and First Interstate Bank, whose address is 842 West Broadway, P. O. Box 11095, Jackson, WY 83002-1095 (referred to below as "Lender"). MORTGAGE. Lender and Grantor have entered Into a Mortgage dated April 17, 2007 (the "Mortgage") which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded in the office of the Lincoln County Clerk on April 24, 2007 as Receiving #928705 in Book 655 on Page 559. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Exhibit "A" as attached to the original mortgage The Real Property or its address is commonly known as Alpine Meadows Subdivision, Alpine, WY 83128. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Maturity Date is extended to July 15, 2010. 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 AUGUST 6, 2009. GRANTOR: ALPINE JUNCTION LLC MERIDIAN GROUP INC, Mynas of Alpine Junction LLC By: tl~r Michael T. alpm, Vi President of Meridian Group Inc LENDER: FIRST INTERSTATE BANK x ~P i/GV~ t Jile feele, Loan Officer MODIFICATION OF MORTGAGE (Continued) Page 2 LIMITED LIABILITY COMPANY ACKNOWLEDGMENT State of dV County of 9t p 0 0 Of" 12,1 This instrument was acknowledged before me on ~ i`4✓~ ' (date) by Michael T. Halpin, Vice President of Meridian Group Inc, Manager of Alpine Junction L.L.C. LISg I4t. FAGDLI"FCtqi. - NOTAR'y PUBLIC County of Gate ate of p wyoming LM omml$* n FVlres SQptamslowor 12, xCi$Z M PAW044' (Notarial Signature) 'q• Iz • ZD q,.. My commission expires: LENDER ACKNOWLEDGMENT State of Y f.' % (t! County of +"t..•'(`l i This instrument was acknowledged before me on J 1+ ~ f i' (date) by iilA.CQFlt tl9i€3YE~4l~li,i CO UN T Y OF rA NNarlal Signature) >~i 1, G Ctsl.N Vlf! L(CLIN OMI\giS5ION EXPli~1 S MAY 24, , ?Ol? , ' 1;'' . My commission expires: LASER PRO Lending, Ver. 5.45.00.004 Copr. Harland Financial Solutions, Inc. 1997, 2009. All Rights Reserved. - Wy K:\CFI\LPL\G201.FC TR-48324 PR-244