HomeMy WebLinkAbout955426RECEIVED 9/10/2010 at 3:33 PM
RECEIVING 955426
BOOK: 753 PAGE: 479
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
LOAN MODIFICATION AGREEMENT
This agreement is made and entered into between First International Bank Trust, the "Bank and
WJW Holdings, LLLP, a North Dakota Limited Liability Limited Partnership, the "Mortgagor(s)
The Bank is the holder of a note #164811 and #178633, mortgage and assignment of leases and
rents, incorporated in this agreement by reference, executed on March 29, 2010, as evidence of and
security for a loan made to the Borrower by the First International Bank Trust on March 29, 2010.
The Borrower is now indebted to the Bank in the sum of $501,652.78 and $86,964.39. $500,000.00
and $86,677.87 consisting of principal and $1,652.78 and $286.52 consisting of interest and as of
this date and no unpaid installments of ground rents, hazard insurance premiums, taxes, assessments,
and mortgage insurance premiums, the payment of which is secured by Notes dated August 15, 2007
and March 29, 2010, Mortgage, and Assignment of Leases and Rents owned and held by the Bank
dated March 29, 2010 and recorded in the office of Lincoln County Clerk, Kemmerer, Wyoming on
March 30, 2010 as Receiving #952724, Book 744 and Page 700. The Mortgage and Assignment of
Leases and Rents covers the following described real property:
Lot 19 of Alpine Village Subdivision, amended, one as filed and platted in the Lincoln County
Clerks Office in Kemmerer, WY and Lot 29, Alpine Village Subdivision, as filed and platted in the
Office of the Lincoln County Clerk, Lincoln County, Wyoming.
The parties mutually desire and agree to modify the following terms and conditions and will become
effective on the date this document is executed by all partners:
The maturity dates will be extended to September 15, 2011. All other terms and
conditions will remain the same.
The Mortgage shall continue as a second lien upon the premises and neither the obligation
evidencing this indebtedness nor the mortgage securing the same shall in any way be prejudiced by
this Agreement, but the obligation and Mortgage and Assignment of Lease and Rents and all
covenants and agreements thereof and the rights of the parties thereunder shall remain in full force
and effect except as herein expressly modified.
THIS AGREEMENT, Executed by the Mortgagor this I day of September, 2010.
WJW Holdings, ILLP
STATE OF N6RRT4 -I-B O9I'A y H I
ss.
COUNTY OF CA S L-I T G D t
On this day of September, 2010, before me personally appeared William J. Wiemann, General
Partner known to me to be the person(s) who are described in and who executed the within
instrument and ac owledged to that they executed the same.
No blic
My Commission Expires:
JS
Executed by the First International Bank Trust this t day of September, 2010.
By:
STATE OF NORTH DAKOTA
ss.
COUNTY OF CASS
FIRST INTERNA
Notary Public
My Commission Expires:
De•�. Schock,
NAL BANK TRUST
On the day of September, 2010, by Dennis L. Schock, known by me to be the Senior Vice
President of the First International Bank Trust, personally appeared before me and acknowledged
that the First International Bank Trust executed such agreement.
DENNIS L, SCHOCK
Notary Public
State of North Dakota
My Commission Expires May 9, 2011
47
Senior Vice President
KIM HEN rDR C ON
State of North Dakota 8 2016
My Commission Expires July