Loading...
HomeMy WebLinkAbout951972State of New York County of Tioga ss. WITNESSETH Page 1 of- 2 00 64739 RECEIVED 2/3/2010 at 2:08 PM RECEIVING 951972 BOOK: 741 PAGE: 739 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY ESTOPPEL AFFIDAVIT AND STATEMENT OF VOLUNTARY SURRENDER THIS ESTOPPEL AFFIDAVIT AND STATEMENT OF VOLUNTARY SURRENDER is made this day of .T mar y 20A1i y Shelly Marie Hanlon of the County of Tioga, State of New York, hereinafter referred to as Grantor; 1. The Grantor did on the 12th day of December, 2005, execute and deliver a certain promissory note in the principal sum of $42,000.00 and certain real estate mortgage of even date securing said promissory note, which mortgage was duly recorded in the records of the office of the County Clerk and Ex- Officio Register of Deeds in and for Lincoln County, Wyoming, covering the real estate more particularly described as follows: Lot 211 River Ranches Fishing and Equestrian Estates at Freedom, Wyoming, Second Filing, Lincoln County, Wyoming according to that plat filed March 10, 1999, as Plat No. 383 and 383 -A. 2, The Grantor has defaulted in the payments due on the above described promissory note and is unable to meet the obligations of said note and mortgage according to the terms thereof. 3. The Grantor has, for good and sufficient consideration, made, executed, and delivered that certain deed to Grantee, First Interstate Bank, and said Grantee's successors and assigns, dated the i day of 3 o yua ry 201Q9 the above described property to Grantee. The Grantor hereby acknowledges, agrees, and certifies that the aforesaid deed was an absolute conveyance of the Grantor's rights, title, and interest in and to said real estate, together with all building thereon and appurtenances thereunto belonging and appertaining, with release of all dower and homestead rights in and to said real estate, and also conveys, transfeis, and assigns ail of Grantor's rights of possession, rentals, and equity of redemption in and to said premises. The Grantor further acknowledges, agrees, and certifies that the value of said real estate is not in excess of the amount of the said indebtedness outstanding, and in consideration of the premises hereof and in consideration of such conveyance, the Grantor has received a full and complete release of Grantor's personal liability on said promissory notes. 4. The Grantor acknowledges, agrees, and certifies that the above described deed was given voluntarily by Grantor to Grantee, in good faith on the part of Grantor and Grantee, without any fraud, misrepresentation, duress or undue influence whatsoever, or any misunderstanding on the part of the Grantor or Grantee, and was not given as a preference against any other creditors of said Grantor. 5. The Grantor acknowledges and agrees that the above described deed of conveyance shall be and is intended and understood to be an absolute conveyance and sale, with full extinguishment of Grantor's equity of redemption, and with full release of all Grantor's rights, title, and interest of every character in and to said property. The Grantor further acknowledges and agrees that the said deed of conveyance shall not restrict the right of Grantee to institute foreclosure proceedings in connection with said mortgage, at Grantee's election, and while Grantor is personally released from liability on the subject promissory note, Grantee may retain the subject promissory note and mortgage, and consider the same unpaid and in default, for the purposes of instituting and perfecting foreclosure pursuant to law. 6. This Estoppel Affidavit and Statement of Voluntary Surrender has been made for the protection and benefit of the aforesaid Grantee, and Grantee's successors and assigns, and all other parties hereafter dealing with or who may acquire an interest in the real estate described herein, and shall bind the respective heirs, executors, administrators, and assigns of the undersigned. State of New York County of Tioga H: \COLLECT\Hadon106 Estoppel Affidavit.doc he y \kit Marie ss. Page 2 of 2 00C+ 4O nl The foregoing instrument was acknowledged before me by Shelly Marie Hanlon, this (0 day of ,tmotpal 200V.IO, Signatur of tarial Officer kkbil Path 't_._ Title andank My Commission expires: C1121110 MARY ELIZABETH CLARKE NOTARY PUBLIC, State of New York No 01CL6013603 Qualified in Tompkins County Commission Fxpires September 21, 20