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HomeMy WebLinkAbout950867When Recorded Mail To: Wells Fargo Home Mortgage Attn: Duranne Lloyd MAC X3802 -03A 8480 Stagecoach Circle Frederick MD 21701 -4747 Loan 708- 0109131938 ca 343 MORTGAGE MODIFICATION AND RELEASE AGREEMENT This Mortgage Modification and Release Agreement is entered into as of the 30 day of November, 2009, by and between Mortgage Electronic Registration Systems, Inc. (MERS) "Mortgagee whose address is PO Box 2026, Flint, MI 48501 -2026, and George S Jackson and Diane Jackson "Mortgagor whose address is PO Box 1040, Thayne, WY 83127. WITNESSETH, WHEREAS, Mortgagor gave MERS that certain Mortgage recorded November 19, 2009, at Receiving No. 950651 in Official Records Book 736, at Page 338 in the Clerks Office of Lincoln County, Wyoming, to secure a note in the original principal amount of $146,250.00 (the Mortgage) and; WHEREAS, It has come to the attention of the Mortgagor and Mortgagee that there was an error in the legal description reflected in the Mortgage such that property other than that owned by the Mortgagor was encumbered by the Mortgage, and WHEREAS, the parties hereto wish to modify the Mortgage such that the property which was described in the Mortgage is released from the Mortgage and the property owned by the Mortgagor and which was intended to be encumbered by the Mortgage be encumbered by the Mortgage. NOW, therefore, for One and no /100 Dollars ($1.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree and acknowledge as follows: 1. The recitals set forth above are true and correct and are incorporated herein as fully as if set forth below. 2. Mortgagee hereby does remise, release, quit claim, exonerate and discharge from the lien and operation of the Mortgage all that property more particularly described in the Mortgage, to wit: Tract 25 of Cedar Creek Ranches Recorded November 1, 1977 at Document No. 500153, in the office of the Clerk, Lincoln County, Wyoming. 3. The Mortgagor and Mortgagee hereby agree and acknowledge that the Mortgage is modified to substitute the property more particularly described below for and in place of, the property inadvertently described in the Mortgage: Lot 28 of Cedar Creek Ranches Recorded November 01, 1977 at Document No. 500153, in the office of the Clerk, Lincoln County, Wyoming. 4. Mortgagor hereby ratifies, confirms and restates all of the representations, covenants and /or warranties set forth in the Mortgage as to the Property described herein. RECEIVED 12/3/2009 at 11:43 AM RECEIVING 950867 BOOK: 737 PAGE: 349 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 1 IN WITNESS WHEREOF, the parties hereto have set forth their hands and seals as of the date first set forth above. Signed and sealed in the presence of: Print: Sonia Witness Witness A VY:lik rint: Sara Smith State of Maryland County of Frederick On November 30, 2009, before me, Duranne Lloyd, Notary Public personally appeared Lorna L Slaughter, personally known to me to be the person whose name is subscribed to the within instrument and acknowledged to me that he /she executed same in his /her capacity, and that by his /her signature on the instrument the person or entity upon behalf of which the person acted, executed the instrument. Witness my hand an fficial seal. 1,14 Alvti 47 Notary Public Sign re My Commission expires: 11/07/2011 State of w County of _�„ir� On 12- 1 01 before m- f j Notary Public personally appeared George S Jackson, personally known to me to be the rson whose name is subscribed to the within instrument and acknowledged to me that he executed same in his capacity, and that by his signature on the instrument the person or entity upon behalf of which the person acted, executed the instrument. ss y han -eal. nature Notary Public My Commission expires: c 13 f NOTARY Co my corms bD, 11/07/2011 2 Mortgage Electronic Registration Systems, Inc. By: 'i Name: Lorna L Slaughter Title: Vice President Diane Jackson 350 State of County of ss my hard an jj icial seal. Notary Publi• ignat My Commission expires: 9 1.1N .t \11 On 1z It before m- L,,;A Jackson, personally known to me to be the p-VP whose name is subscribed to the within instrument and acknowledged to me that she executed same in her capacity, and that by her signature on the instrument the person or entity upon behalf of which the person acted, executed the instrument. 3 o O, ;3s 1. S Notary Public personally appeared Diane