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HomeMy WebLinkAbout953518RECORDATION REQUESTED BY: 1 st Bank Afton 314 South Washington St. P.O. Box 1620 Afton, WY 83110 WHEN RECORDED MAIL TO: 1 st Bank Afton 314 South Washington St. P.O. Box 1620 Afton. WY 83110 SEND TAX NOTICES TO: 1 st Bank Afton 314 South Washington St. P.O. Box 1620 Afton, WY 83110 MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated May_..7O.,- 2919 is made and executed between THE NARROWS DEVELOPMENT CORPORATION, a Wyoming Corporation (referred to below as "Grantor and 1st Bank, whose address is 314 South Washington St., P.O. Box 1620, Afton, WY 83110 (referred to below as "Lender MORTGAGE. Lender and Grantor have entered into a Mortgage dated May 2, 2007 the "Mortgage which has been recorded in LINCOLN County, State of Wyoming, as follows: MORTGAGE RECORDED MAY 7, 2007 RECEIVING #928936, IN BOOK 656, ON PAGE 434, IN THE OFFICE OF THE LINCOLN COUNTY CLERK. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in LINCOLN County, State of Wyoming: Lot 14 of Salt River Ranch, Lincoln County, Wyoming as described on the official plat filed on September 8, 2006 as instrument No. 922287 of the records of the Lincoln County Clerk. The Real Property or its address is commonly known as LOT 14 OF SALT RIVER RANCH LANE, THAYNE, WY 83127. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: AS OF TODAY'S DATE WE ARE ADDING THE FOLLOWING PROPERTY AS COLLATERAL ON THIS LOAN. LOTS 1, 2, 4, 6, 7, 8, 9. 12, 13, AND 18 OF SALT RIVER RANCH LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT FILED ON SEPTEMBER 8, 2006 AS INSTRUMENT NO. 922287 OF THE RECORDS OF THE LINCOLN COUNTY CLERK. 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 liay 1 Q, 901 0 GRANTOR: THE NAR By: DEVELOP 'RPORATION C' G EDDI President of THE NARROWS EVELOPMENT ORPORATION By: RECEIVED 5/1 8/201 0 at 11:14 AM RECEIVING 953518 BOOK: 747 PAGE: 430 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY NARROWS DEVELOPMENT CORPOR �N 004.30 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY RO RT MCMONIGLE, Vice Presid t of THE Loan No: 61011030 LENDER: 1ST BANK X Chris Allred, Loan Officer State of VL VA 0A County of LA This instrument was acknowledged before me on 3 /3 20 0 Sdate) by CRAIG EDDINS, President of THE NARROWS DEVELOPMENT CORPORATION and ROBERT MCMONIGLE, Vice President of THE NARROWS DEVELOPMENT CORPORATION. 4 OF NEVADA 0' County of Clark r z, .RHIANNA L. HOFFMAN '11c.AV Appt. No. 05- 99355 -1 My Appt. Expires Feb.11, 2012 MODIFICATION OF MORTGAGE (Continued) Page 2 CORPORATE ACKNOWLEDGMENT Notarial Signature) My commission expires: 9- p 0 Loan No: 61011030 MODIFICATION ur MORTGAGE (Continued) ,,432 Page 3 LENDER ACKNOWLEDGMENT State of 1,L)70wu+1i County of 210 C o/r• This instrument was acknowledged before me on 5/e//20 0 (date) by GArls 4 )//re.c/ TRISTAN SMITH NOTARY PUBLIC COUNTY OF j STATE OF LINCOLN a,: ±r WYOMING MY COMMISSION EXPIRES APRIL 22, 2013 (Notarial Signature) My commission expires: ///.2.2/ 20/3 LASER PRO Lending, Ver. 5.50.00.006 Copr. Harland Financial Solutions, Inc. 1997, 2010. All Rights Reserved. WY L: \CFI \LPL \G201.FC TR -4128