Loading...
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. 000422 )423 This instrument was acknowledged before me on c{Y gl.tl�`t `G �O�i PO J tNgCaN C4 N t' "F iJIY CK3hM1MlSs t�o�:ti't�i, :S', State of tti/ y6 /r/(C� I U JJ County of T This instrument was acknowledged before me on 16-/- I Yl v5 k Bonk FIRST INTERSTATE BANK P.O. BOX 11095 842 W. BROADWAY JACKSON, WY 83002 MODIFICATION OF MORTGAGE (Continued) Page 2 INDIVIDUAL ACKNOWLEDGMENT LENDER ACKNOWLEDGMENT la/ 9bo7)9 (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