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HomeMy WebLinkAbout951918RECORDATION REQUESTED BY: 1 st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 WHEN RECORDED MAIL TO: 1st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 SEND TAX NOTICES TO: 1 st Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated t k c,e /d is made and executed between GOLDENWOOD HOMES AND DEVELOPMENT INC., A UTAH C RPO ATION, whose address is 143 FIDLER LANE, THAYNE, WY 83127 (referred to below as "Grantor and 1st Bank, whose address is 79 Highway 89, P.O. Box 3110, Alpine, WY 83128 (referred to below as "Lender MORTGAGE. Lender and Grantor have entered into a Mortgage dated July 16, 2007 (the "Mortgage which has been recorded in LINCOLN County, State of Wyoming, as follows: MORTGAGE RECORDED JULY 19, 2007, IN THE OFFICE OF THE LINCOLN COUNTY CLERK IN BOOK 666 ON PAGE 265. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in LINCOLN County, State of Wyoming: LOT 41 OF TRAIL RIDGE SUBDIVISION, LINCOLN COUNTY, WYOMING ACCORDING TO THAT PLAT FILED SEPTMEBER 3, 2004 IN THE OFFICE OF THE LINCOLN COUNTY CLERK AS PLAT NO. 225 -F. The Real Property or its address is commonly known as LOT 41 TRAIL RIDGE SUBDIVISION, ALPINE, WY 83128. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: EXTENDING THE MATURITY DATE TO JANUARY 28, 2011. ADDITIONAL COLLATERAL BEING ADDED LOT 4N OF THE RIVER VIEW RANCHETTES SUBDIVISION AND LOT 4S OF THE RIVER VIEW RANCHETTES SUBDIVISON THAYNE, WYOMING 83128. 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 PROVIS ON F TH MODIFICATION OF MORTGAGE AND GRANTOR AGREES TO ITS TERMS. THIS MODIFICATION OF MORTGAGE IS DATED f ��J D GRANTOR: GOLDENWOOD HOMES AND DEVELOPMENT, INC. TRENT PETERSEN, President of GOLDENWOOD HOMES AND DEVELOPMENT, INC. RECEIVED 2/1/2010 at 12:15 PM RECEIVING 951918 BOOK: 741 PAGE: 582 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY Loan No: 764004616 LENDER: 1ST BANK X James Robinson, Loan State of LLJIw7 County aT Z r This instrument was acknowledged before me on AND DEVELOPMENT, INC.. NOTARY PUBLIC STATE OF WYOMING MYCOMMISSION EXP OCTOBER 19, 2011 JAMES ROBINSON COUNTY OF LINCOLN MODIFICATION OF MORTGAGE (Continued) Page 2 CORPORATE ACKNOWLEDGMENT 1 (Notarial Signature) My commission expires: `:.8 S' t 3 (date) by TRENT PETERSEN, President of GOLDENWOOD HOMES Loan No: 764004616 This instrument was acknowledged before me on NOTARY PUBLIC STATE OF WYOMING ELLEN C. PUGH COUNTY OF LINCOLN 00MMI1610 FLBRUARY 14, 2011 MODIFICATIG.m yr MORTGAGE (Continued) Page 3 LENDER ACKNOWLEDGMENT (date) by ,zz6z, (Notarial Signature) My commission expires: CZ 0005S4 /d LASER PRO Lending, Ver. 5.48.10.001 Copr. Harland Financial Solutions, Inc. 1997, 2010. All Rights Reserved. WY L: \CFI \LPL \G201.FC TR -5054 PR -9