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HomeMy WebLinkAbout955522RECORDATION REQUESTED BY: First Interstate Bank Jackson Main Branch 842 West Broadway P. 0. Box 11095 Jackson, WY 83002 -1095 WHEN RECORDED MAIL TO: First Interstate Bank Jackson Main Branch 842 West Broadway P. O. Box 11095 Jackson, WY 8 30 02 -1 095 GRANTOR: X Lynn C 7al LENDER: 1-"'' on, Cr e It Analy FIRST INTERSTATE BANK First Interstate Bank 3Lhad RECEIVED 9/16/2010 at 10:37 AM RECEIVING 955522 BOOK: 753 PAGE: 673 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated August 26, 2010, is made and executed between Mary Louise Carlson, a single woman and Lynn Talarico, a single woman, whose address is 1528 34th St, Missoula, MT 59801 -8940 (referred to below as "Grantor and First Interstate Bank, whose address is 842 West Broadway, P. O. Box 11095, Jackson, WY 83002 -1095 (referred to below as "Lender MORTGAGE. Lender and Grantor have entered into a Mortgage dated September 1, 2004 (the "Mortgage which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded on September 10, 2008 in the Lincoln County Clerks Office in Book 704, Page(s) 550, as Document No. 942156. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Lots 1 and 2 of MaryLynn Acres, Lincoln County, Wyoming as described on the official plat filed on October 9, 2007 as Instrument No. 933838 of the records of the Lincoln County Clerk The Real Property or its address is commonly known as S34 T36 R119, Etna, WY 83118. The Real Property tax identification number is 12- 3619- 34 -4 -00- 007.00. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Modification of Mortgage to extend the maturity date from August 04, 2010 to August 04, 2015, modify the Interest rate to WSJP +1.00% adjusting daily with a 6.50% floor rate and begin amortization. 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 AUGUST 26, 2010. NOTARIAL;* SEAL State of V 1 County of" This instrument was acknowledged before me on q^ P-01 FRANK GREEN *'NOTARIAL: NOTARYPUBUC•MONTANA SEAL II Residing at Missoula. Montana *7 My Conan, Expkes i 1r 10 Al* State of County of This Instrument was acknowledged before me on MODIFICATION OF MORTGAGE (Continued) Page 2 INDIVIDUAL ACKNOWLEDGMENT State of /v' County of if! This instrument was acknowledged before me on )410 (date) by Lynn C Talarico. FRANK GREEN NOTARY PUBLIC- MONTAN Residing at Missoula, Montan My Comm. Expires it 1 1: l r ook C1 F s y' My commission expires: it 1 10 INDIVIDUAL ACKNOWLEDGMENT (date) by Mary L Carlson. al, G L �.,li (N tarial Sig ature) jraHk 6 LENDER ACKNOWLEDGMENT My commission expires: I//5 /0 "r or..~ 674 (date) by (Notarial Signature) My commission expires: LASER PRO Lending, Ver. 5.52.00.005 Copr. Harland Financial Solutions, Inc. 1997, 2010. All Rights Reserved. WY K: \CFI \LPL \G201.FC TR -68923 PR -243