HomeMy WebLinkAbout953801AMENDMENT TO MORTGAGE
THIS AMENDMENT TO MORTGAGE (this "Amendment is entered into as of
March 2010 by and between TIKCUF INVESTMENTS, INC., a Florida corporation
"Borrower and WELLS FARGO BANK, N.A. SUCCESSOR BY CONSOLIDATION
WITH THE JACKSON STATE BANK TRUST "Bank
RECITALS
WHEREAS, Bank is the Lender and Borrower is Grantor under a Mortgage dated
September 12, 2005, recorded September 19, 2005 in Book 598, Page 196, Receiving
No. 911973 of the Lincoln County, Wyoming Clerk and Recorder (the "Mortgage that
encumbers the property described in Exhibit "A" hereto (the "Mortgaged Property
WHEREAS, Borrower and Bank have agreed to renew and modify the debt
obligation secured by the Mortgage and to amend the Mortgage as set forth herein.
NOW, THEREFORE, for valuable consideration, including the Bank's agreement
to renew the debt obligation secured by the Mortgage, the receipt and sufficiency of
which is hereby acknowledged by the Borrower, the parties hereto agree to amend the
Mortgage as follows:
The "Maximum Lien" of the Mortgage is hereby increased from $822,454.50 to
$2,645,618.30, together with all other costs, fees and expenses allowed by the
Mortgage and Note.
The term "Note" as defined in the Mortgage is deleted and the language below is
substituted:
Note. The word "Note" means the promissory notes number A- 2467837675-
18, A- 2467837675 -26, B- 8971688322 -18 and B- 8971688322 -26, in the total aggregate
original principal amounts of $2,645,618.30, together with all renewals of, extensions of,
modifications of, refinancing of, consolidations of, and substitutions for the promissory
note(s) or agreement(s), each or collectively, which includes but is not limited to that
Consolidation of Promissory Notes and Modification to Promissory Note with an
Effective Date of March 4, 2010 from Borrower to Bank.
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Except as expressly set forth herein, all terms and conditions of the Mortgage
remain in full force and effect, without waiver or modification. All terms defined in the
Mortgage shall have the same meaning when used in this Amendment.
Borrower certifies that, notwithstanding the amendments set forth herein, all of the
real property encumbered by the Mortgage securing the Note shall remain subject to the
lien, charge or encumbrance of the Mortgage or other document pursuant to which such
lien, charge or encumbrance is created, and nothing contained herein or done pursuant
RECEIVED 6/4/2010 at 10:46 AM
RECEIVING 953801
1 BOOK: 748 PAGE: 397
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
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[SIGNATURE PAGES FOLLOW]
2
+398
hereto shall affect or be construed to affect the priority of the lien, charge or
encumbrance of the Mortgage.
This Amendment may be executed in counterparts, each of which shall be
deemed an original and together which shall constitute one Amendment.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed as of the day and year first written above.
TIKCUF INVE
a Florida
By:
Nam ames H. Dorsey, I I I
Title: President
STATE OF ricridk
COUNTY OF
ss.
:JO �;+3 9
This instrument was acknowledged before me on 0 o9. (P 2010, by James
H. Dorsey, III, President of Tikcuf Investments, Inc., a Florida corporation.
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SEAL (if any)
1' I
ary ublic
My commission expires: )d ;C1, c5o/i
3
WELLS FARG? BANK, N.A.
By:
Name:
Title:
STATE OF WO\CILSVA
ss.
COUNTY OF
This instrument was acknowledged before me on
2010, by 4.0(1,k,\004A v as 11 p1(es1 d of
Wells Fargank, N.A., a natilal bank association.
{00043428. DOC}
SEAL (if any)
My commission expires:
GENERAL NOTARY State of Nebraska
KRISA K. MOORE
My Comm. Exp. Nov. 20, 2010
m
4
Notary Public
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400.
Exhibit "A"
Amendment to Mortgage
Tikcuf Investments, Inc.
Legal Descriptions
SE1 /4NE1 /4 Sec. 19 T, 37 N., Range 118 W., 6th P.M., Wyoming and that portion of the
SW1 /4NW1/4, Section 20, T37N, R118W, more particularly described as follows:
BEGINNING at a point that is South 0 East a distance of 2,113.28 feet from the
Northwest Corner of Sec. 20, T37 N, R118 West, running thence South 37 °00' East a
distance of 658.47 feet, running thence North 89 °50' West a distance of 394.75 feet to t e
Southwest Corner of the SW1 /4NW1 /4 of Sec. 20 aforesai, ce of running
27.76 feet oNorth OINT
West along the westerly boundary of said S ec. 20 a distan
OF BEGINNING.
Less and Excepting any portion lying with in the bounds of State Highway 26.
Also:
That certain easement for ingress and egress 2 rods in width as described in that
Warranty Deed recorded October 6, 1970, Book 91 P.R., Page 486.