The URL can be used to link to this page

Home My WebLink About951322RECORDATION REQUESTED BY: First Interstate Bank Jackson Main Branch 842 West Broadway P. 0. Box 11095 Jackson, WY 83002-1095 WHEN RECORDED MAIL TO: First Interstate Bank Jackson Main Branch 842 West Broadway P. 0. Box 11095 Jackson, WY 83002 -1095 MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated December 1, 2009, is Trade and executed between Kaibab Investments LLC, a Wyoming United Liability Company, whose address is 302 Beryl Rd, Flagstaff, AZ 86001 -6851 (referred to below as "Grantor and First Interstate Bank, whose address is 842 West Broadway, P. O. Banc 11095, Jackson, WY 83002 -1095 (referred to below as "Lender"). MORTGAGE. Lender and Grantor have entered into a Mortgage dated April 27, 2007 (the 'Mortgage which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded on April 30, 2007 in the Lincoln County Clerks Office in Book 656, Page(s) 187, as Document No. 928870. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Unit 8 of Lake View Villas Condominiums together with undivided interest in common elements in accordance with the Declarations of Condominium Ownership and Declaration of Restrictions, Covenants and Conditions recorded February 23, 2007 in Book 649PR on page 501 and by the official plat filed on February 23, 2007 as instrument No. 926986, of the records of the Lincoln County Clerk The Real Property or its address is commonly known as Unit 8, Lot 82 In Alpine Village Subdivision, Alpine, WY 83128. The Real Property tax identification number is 12- 3718- 19 -2 -03 -007. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Modification of Mortgage to extend the maturity date from November 27, 2009 to November 27, 2010. Additionally, this change in terms establishes a 6.50% rate floor such that in no event will the annual percentage rate on this loan be less than 6.50 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 DECEMBER 1, 2009. GRANTOR: KAIBAB INVESTMENTS LLC, A WYOMING LIMITED LIABILITY COMPANY By: By: Daryl E Dinkla, Member of Kaibab Investments LLC, a Wyoming Limited Liability Company By: X David M Wright, Member of Kaibab Investments LLC, a Wyoming Limited Liability Company LENDER: FIRST INTERSTATE ans n, Vice dent F .1 Fistie Bank RECEIVED 12/30/2009 at 9:55 AM RECEIVING 951322 BOOK: 739 PAGE: 87 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 00i3O87 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY Adam Patterson, ember of Kaibab Investments LLC, a Wyoming Limited Liability Company RECORDATION REQUESTED BY: First Interstate Bank Jackson Main Branch 842 West Broadway P. 0. Box 11095 Jackson, WY 83002 -1095 WHEN RECORDED MAIL TO: First Interstate Bank Jackson Main Branch 842 West Broadway P. 0. Box 11095 Jackson, WY 83002 -1095 By: Daryl E Dinkl. e .er of aib Inve tments LLC, a Wyoming L mated Liability Company David M Wright, Member of Kaibab Investments LLC, a Wyoming Limited Liability Company LENDER: FIRST INTERSTAT ce President 13 First Interstate Bank 006088 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated December 1, 2009, is made and executed between Kaibab Investments LLC, a Wyoming Limited Liability Company, whose address is 302 Beryl Rd, Flagstaff, AZ 86001 -6851 (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 27, 2007 (the "Mortgage which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded on April 30, 2007 in the Lincoln County Clerks Office in Book 656, Page(s) 187, as Document No. 928870. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Unit 8 of Lake View Villas Condominiums together with undivided interest in common elements in accordance with the Declarations of Condominium Ownership and Declaration of Restrictions, Covenants and Conditions recorded February 23, 2007 in Book 649PR on page 501 and by the official plat filed on February 23, 2007 as instrument No. 926986, of the records of the Lincoln County Clerk The Real Property or its address is commonly known as Unit 8, Lot 82 In Alpine Village Subdivision, Alpine, WY 83128. The Real Property tax identification number is 12- 3718- 19 -2 -03 -007. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Modification of Mortgage to extend the maturity date from November 27, 2009 to November 27, 2010. Additionally, this change in terms establishes a 6.50% rate floor such that in no event will the annual percentage rate on this loan be less than 6.50 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 DECEMBER 1, 2009. KAIBAB IN MENTS L C, A WYO G IMITED LIAB ITY COMPANY By: Adam Patterson, Member of Kaibab Investments LLC, a Wyoming Limited Liability Company RECORDATION REQUESTED BY: First Interstate Bank Jackson Main Branch 842 West Broadway P. O. Box 11095 Jackson, WY 83002 -1095 WHEN RECORDED MAIL TO: First Interstate Bank Jackson Main Branch 842 West Broadway P. O. Box 11095 Jackson, WY 83002 -1095 MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated December 1, 2009, is made and executed between Kaibab Investments LLC, a Wyoming Limited Liability Company, whose address is 302 Beryl Rd, Flagstaff, AZ 86001 -6851 (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 27, 2007 (the "Mortgage") which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded on April 30, 2007 in the Lincoln County Clerks Office in Book 656, Page(s) 187, as Document No. 928870. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Unit 8 of Lake View Villas Condominiums together with undivided interest in common elements in accordance with the Declarations of Condominium Ownership and Declaration of Restrictions, Covenants and Conditions recorded February 23, 2007 in Book 649PR on page 501 and by the official plat filed on February 23, 2007 as instrument No. 926986, of the records of the Lincoln County Clerk The Real Property or its address is commonly known as Unit 8, Lot 82 In Alpine Village Subdivision, Alpine, WY 83128. The Real Property tax identification number is 12- 3718- 19 -2 -03 -007. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Modification of Mortgage to extend the maturity date from November 27, 2009 to November 27, 2010. Additionally, this change In terms establishes a 6.50% rate floor such that in no event will the annual percentage rate on this loan be less than 6.50%. 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 DECEMBER 1, 2009. GRANTOR: KAIBAB INVESTMENTS LLC, A WYOMING LIMITED LIABILITY COMPANY By: By: By: David M Wright, ember of Kaibab y e ents LLC, a Wyoming Limited Liability Comp LENDER: FIRST INTERSTATE BA L 4 u son, Vice P dent et First Interstate Bank SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY Adam Patterson, Member of Kaibab Investments LLC, a Wyoming Limited Liability Company State of pp� y (l County of /(J/ li J This instrument was acknowledged before me on /CV (date) by r' AMPS W? ^ling Adam Patterson, Member of Kaibab Investments LLC, a Wyoming Limited Liability Company; SHERRY C. MALLEN COUNTY OF TETON NOTARY PUBUC STATE OF WYOMING MY COMMISSION EXPIRES DECEMBER 1, 2012 State of i/VgC)V j/I l n q County of e This instrument was acknowledged before me on d/d /9 Df Fi rst inlek5fa 8' nV SHERRY C. MALLEN COUNTY OF TETON NOTARY PUBLIC STATE OF WYOMING MY COMMISSION EXPIRES DECEMBER 1, 2012 MODIFICATION OF MORTGAGE (Continued) Page 2 CORPORATE ACKNOWLEDGMENT LENDER ACKNOWLEDGMENT (Notarial Signatur My commission expires: 421//9 date by Jake /ar?sa) D3 1}i -siden f C My commission expires: 1? �ao is 06090 LASER PRO Lending, Ver. 5.46.00.003 Copr. Harland Financial Solutions, Inc. 1997, 2009. All Rights Reserved. WY K: \CFI \LPL \G201.FC TR -58488 PR -244 This instrument was acknowledged before me on 0)/3 GR(JV (date) by Daryl E Dinkla, Member of Kaibab Investments LLC, a Wyoming Limited Liability Company; 4"'^ I •-y :,:f,.. r.,�.. yid SHERRY C. MALLEN NOTARY PUBLIC COUNTY OF STATE OF TETON :R: ';:4y; WYOMING MYCOMMISSIONEWIRES DECEMBER 1, 2012 State of LL C County of This instrument was acknowledged before me on SHERRY C. MALLEN NOTARY PUBLIC COUNTY OF STATE OF TETON '1` WYOMING MY COMMISSION EXPMES DECEMBER 1, 2012 MODIFICATION OF MORTGAGE (Continued) Page 2 CORPORATE ACKNOWLEDGMENT LENDER ACKNOWLEDGMENT Of 1 J 51 l /-taie Bank (Notarial Signatur 6k_ My commission expires: r ,f /0_0/,3 (Notarial Signat re) b My commission expires: I :0.0091 C (date) by I. JaKe I t Uf v 1 23 U1 e P estdo if LASER PRO Lending, Ver. 5.46.00.003 Copr. Harland Financial Solutions, Inc. 1997, 2009. All Rights Reserved. WY K: \CFI \LPL \G201.FC TR -58488 PR -244 State of 10"-- County of This instrument was acknowledged before me on Fi V504 bDiik NOTARY PUSUC SHERRY A NOT gHERRY C. MAI.I.EN COUNTY OF STATE OF TETON WYOMING _t MY COMMISSION EXPIRES DECEMBER 12 MODIFICATION Ur MORTGAGE (Continued) Page 2 CORPORATE ACKNOWLEDGMENT State of \Y't Z' V County of (1/1.4 This instrument was acknowledged before me on V2,- O L -7 (date) by Daryl E Dinkla, Member of Kaibab Investments LLC, a Wyoming Limited Liability Company; Adam Patterson, Member of Kaibab Investments LLC, a Wyoming Limited Liability Company; and David M Wright, Member of Kaibab Investments LLC, a Wyoming Limited Liability Company. OFFICIAL SEAL BRET WHITLEY Notary Public -State of Arizona COCONINO COUNTY My commission expires May 29, 2012 otarial Signature) LENDER ACKNOWLEDGMENT My commission expires: (date) b yA,b 1 1 TV( 7 Vi Pr SW( lit I (Notarial Signature My commission expires: 4;6 (J 1,4" C LASER PRO Lending, Ver. 5.46.00.003 Copr. Harland Financial Solutions, Inc. 1997, 2009. All Rights Reserved. WY K: \CFI \LPL \G201.FC TR -58488 PR -244