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Home My WebLink About951575RECORDATION REQUESTED BY: Bank of Jackson Hole Main Branch 990 West Broadway; P.O. Box 7000 Jackson, WY 83002 WHEN RECORDED MAIL TO: Bank of Jackson Hole Main Branch 990 West Broadway; P.O. Box 7000 Jackson, WY 83002 SEND TAX NOTICES TO: Melvin D. Hutchings Virginia L. Hutchings 1892 County Road 125 Thayne, WY 83127 MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated December 30, 2009, is made and executed between Melvin D. Hutchings, husband, whose address is 1892 County Road 125, Thayne, WY 83127 and Virginia L. Hutchings, wife, whose address is 1892 County Road 125, Thayne, WY 83127 (referred to below as "Grantor and Bank of Jackson Hole, whose address is 990 West Broadway; P.O. Box 7000, Jackson, WY 83002 (referred to below as "Lender"). MORTGAGE. Lender and Grantor have entered into a Mortgage dated February 20, 2004 (the "Mortgage which has been recorded in Lincoln County, State of Wyoming, as follows: Receiving Number 897636, Book 549, Page 423. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: See Exhibit "A which is attached to this Modification and made a part of this Modification as if fully set forth herein. The Real Property or its address is commonly known as 1892 County Road 125, Thayne, WY 83127. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Modification of Mortgage to increase the maximum obligation to $700,000.00. 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 30, 2009. GRANTOR: Melvin D. Hutchings LENDER: BANK OF JACKSON HOLE X Scott Mandell, CEO 9 ....sr .r! X RECEIVED 1/12/2010 at 11:44 AM RECEIVING 951575 BOOK: 739 PAGE: 860 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY Virgin' Hutchings 0OC+S60 Loan No: 108824 State of tN k/om; County of LI t tC I This instrument was acknowledged before me on State of County of This instrument was acknowledged before me on Siff3-Ii :a COM ry OF a s4° a y commis,ilotl ,..x :`;':A OF WYOMING 5 MTN MODIFICATION OF MORTGAGE INDIVIDUAL ACKNOWLEDGMENT €OOtS61 (Continued) Page 2 4" ;Q013 (date) by Melvin D. Hutchings and Virginia L. Hutchings. (Nota I Signature 1- 6- (date) by My commission expires: 1 10 13 LENDER ACKNOWLEDGMENT My commission expires: LASER PRO Lending, Ver. 5.48.00.004 Copr. Harland Financial Solutions, Inc. 1997, 2009. H: \HARLAND \CFI \LPL \G201.FC TR -1346 PR -13 0/0 All Rights Reserved. WY STEWAR1"I1TLE G UARANTY COMPANY Commitment Schedule A Page 1 oft EXHIBIT A :106S62 5. The land referred to in this Commitment is in the county of Lincoln and State of Wyoming and is described as follows. W1 /2NE1/4, NW1 /4 (Except South 15 rods thereof); and NE diagonal half of the North 32 rods of the NW1 /4SE1/4; all in Section 15, T34N, R119W, situate in Lincoln County, Wyoming. EXCEPTING: Beginning 267 feet North of the West Quarter Corner of Section 15, T34N, R119W, and running THENCE N0 °0'E, 195 feet; THENCE N90 °00'E, 446.7 feet; THENCE S0 °0'W, 195 feet; THENCE S90 °0'W, 446.7 feet to the point of beginning. ALSO EXCEPTING: A portion of the NW1 /4NW1 /4NW1/4 of Section 15, Township 34 North, Range 119W of the 6 P.M., near Mayne, Wyoming more particularly described as follows: Commencing at a point along the East side of the Lincoln County Road No. 125 right-of-way which point is 30 feet east of the Northwest Corner of Section 15, T34N, R119W of the 6 P.M., Lincoln County, Wyoming, said corner being marked by a brass cap set by Charles V. King RLS 698, thence east along the North Section line of said Section 15 a distance of 354.00 feet thence South along an existing fence 358.00 feet, thence West a distance of 294.00 feet to the Lincoln County Road No. 125 right -of -way, thence Northwesterly along the said right of way to the point of begixuiing.