HomeMy WebLinkAbout951404RECORDATION 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
GRANTOR:
FIRST INTERSTATE BANK
y Robinson umer Loan Officer III
Et First Interstate Bank
RECEIVED 1/6/2010 at 9 :17 AM
RECEIVING 951404
BOOK: 739 PAGE: 422
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
MODIFICATION OF MORTGAGE
THIS MODIFICATION OF MORTGAGE dated November 24, 2009, is made and executed between Grace Charles
and Brett R Charles, whose address is PO Box 6571, Jackson, WY 83002 -6571 (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 June 4, 2008 (the "Mortgage which has been recorded in Lincoln
County, State of Wyoming, as follows:
Recorded on June 10, 2008 in the Lincoln County Clerks Office in Book 696, Pagels) 662 -666, as Document No. 939649.
REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming:
Double K Meadows III L 02 Total 3.00 acres T36 R119 S34
The Real Property or its address is commonly known as Raw Land, Etna, WY 83118. The Real Property tax identification number is
36193440012000.
MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows:
Modification of Mortgage to extend the maturity date from November 08, 2009 to November 08, 2011 and increase interest rate from
5.50% to 6.50% and amortize payments over 10 years.
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 NOVEMBER 24, 2009.
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FIRST INTERSTATE BANK
P.O. BOX 11095
842 W. BROADWAY
JACKSON, WY 83002
MODIFICATION OF MORTGAGE
(Continued) Page 2
INDIVIDUAL ACKNOWLEDGMENT
LENDER ACKNOWLEDGMENT
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(date) by Grace Charles and Brett R Charles.
(Notarial' Sig :turel
(date) by
My commission expires: f �r j
Robiosm 63 Avg' gr
(Notarial Sign ture)
My commission expires: /di d 0 1
S HERRY C. MALLEN NOTARY PUBLIC
COUNTY OF i-. STATE OF
TETON WYOMING
MY COMMISSION SORES DECE MDER 1, 2012
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 -58088 PR -243