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HomeMy WebLinkAbout952852RECORDATION REQUESTED BY: Cornerstone Bank Fargo Main Office 2280 45th St S Fargo, ND 58104 WHEN RECORDED MAIL TO: Cornerstone Bank Fargo Main Office 2280 45th St S Fargo, ND 58104 SEND TAX NOTICES TO: WJW Holdings, LLLP 4650 38th Avenue South Ste 110 Fargo, ND 58104 -8529 MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated March 19, 2010, is made and executed between WJW Holdings, LLLP, A North Dakota Limited Liability Partnership, whose address is 4650 38th Avenue South Ste 110, Fargo, ND 58104-8529 (referred to below as "Grantor and Cornerstone Bank, whose address is 2280 45th St S, Fargo, ND 58104 (referred to below as "Lender MORTGAGE. Lender and Grantor have entered into a Mortgage dated August 6, 2008 (the "Mortgage which has been recorded in Lincoln County, State of Wyoming, as follows: A Mortgage recorded August 25, 2008 as Document No. 941557 in Book 703, Page 82, in the Office of the Lincoln County Recorder. 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 75 Alpine Circle, Alpine, WY 83128. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: CROSS COLLATERALIZATION. In addition to the Note, this Mortgage secures all obligations, debts and liabilities, plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidatedr, or unliquidated, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise unenforceable. 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 righ't.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 intents n of Lender to retain as liable all parties to the Mortgage and all parties, makers and endorsers to the Note, including accommodation parties, less a party is expressly released by Lender in writing. Any maker or endorser, including accommodation makers, shall net be released by vi ue of this Modification. If any person who signed the original Mortgage does not sign this Modification, then all persons signing below acknā€¢ ledge that this Modification is given conditionally, based on the representation to Lender that the non signing person consents to the change and provisions of this Modification or otherwise will not be released by it. This waiver applies not only to any initial extension or modification, .'ut also to all such subsequent actions. GRANTOR ACKNOWLEDGES HA G READ ALL THE PROVISIONS OF THIS MODIFICATION OF MORTGAGE AND GRANTOR AGREES TO ITS TERMS. THIS MODIFICATION OF RTGAGE IS DATED MARCH 19, 2010. GRA R: WJW HOLD By: Wi Holdings, "LP LENDER: CORNERSTONE BANK Wiemann, Gene al Partner WJW it iR X4'.1: RECEIVED 4/12/2010 at 9:37 AM RECEIVING 952852 BOOK: 745 PAGE: 328 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY x! SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY Loan No: 514945 (Continued) Page 2 State of County of This instrument was acknowledged before me on0 0 LLLP. State of County of NR:7.0 4n: PA ERIC N MCDOWELL Hatay Public Arizona Markups County My Commission Expires MARCH 11, 2012 let c5 KARI HANSON Notary Public State of North Dakota My Commission Expires June 21, 2013 MODIFICATIv1m .,F MORTGAGE PARTNERSHIP ACKNOWLEDGMENT (Notarial Sig LENDER ACKNOWLEDGMENT This instrument was acknowledged before me on '5' j1 0 (date) by (date) by William J Wiemann, General Partner of WJW Holdings, E SL oVdE"--- My commission expires: Q" r o'2 F:\ APPLICATIONS \HARLAND \CFI \LPL \G201 .FC TR -8700 PR -14 Val ccrzaU (Notarial Signature) My commission expires: tp C...1 LASER PRO Lending, Ver. 5.48.10.001 Copr. Harland Financial Solutions, Inc. 1997, 2010. All Rights Reserved. WY /ND I, Michael Traut, sole owner of the property described as Allen Traut Sub L 01 T33 R118 529 Total 20.71 acres, wish to record a covenant, effective the date of recording as follows. The electrical service provided to the property by Chadwick Electric cannot be used to supply electric service to another property without the express written consent of Kerry Chadwick or his heirs. Michael Traut State of Michigan County of C 0. I vt Z} Un Witness my hand and o Public The foregoing instrument was acknowledged before me by M; Ch c e.! this Co L day of ?t, 20 1 seal My commission expires: O t JULIE HOPKINS NOTARY PUBLIC, KALAMAZOO, MI MY COMMISSION EXPIRES Ocr. 16, 2014 ACTING IN THE COUNTY OF C 1 CUP 000330 RECEIVED 4/12/2010 at 10:02 AM RECEIVING 952853 BOOK: 745 PAGE: 330 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY