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HomeMy WebLinkAbout955858RECORDATION 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 83002 -1095 MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated September 27, 2010, is made and executed between Alpine Junction, LLC, a Wyoming limited liability company, as Mortgagor(s), whose address is 330 North Glenwood, Jackson, WY 83001 (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 April 17, 2007 (the "Mortgage which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded on April 24, 2007 in the Lincoln County Clerks Office in Book 655, Page(s) 559; Document No. 928705. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Parcel 1: Lots 2 -7, 12, 13, 15 -18, 22, 23, 25, 31, 35 -38, 40, 42, 53, 56, 62 -65, 68, 75, 81, 86, 96 -98, 111, 119 -120, 125 -128, 130, 133, 137, 140, 147, 148, 155, 156, 158, 162, 164, 178 -186, Alpine Meadows Subdivision as shown by the official plat there of filed on August 23, 2005 in the Office of the Clerk, Lincoln County, Wyoming, as Plat No. 206 -A. Parcel 2: 72, Alpine Meadows Subdivision as shown by the official plat there of filed on August 23, 2005 in the Office of the Clerk, Lincoln County, Wyoming, as Plat No. 206 -A The Real Property or its address is commonly known as Alpine Meadows Subdivision, Alpine, WY 83128. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Modification of Mortgage to extend the loan Maturity date from July 15, 2010 to July 15, 2011. 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 SEPTEMBER 27, 2010. GRANTOR: ALPINE JUNCTION, LLC, A WYOMING LIMITED LIABILITY COMPANY, AS MORTGAGOR(S) MERIDIAN GROUP, INC Manager of Alpine Junction, LLC, a Wyoming limited liability company, as Mortgagor(s) Help' ,Vic Michael T. Vice President of Meridian Group, Inc LENDER: FIRST INTERSTATE BANK X 744 h f W a.,1 OTT I Jim Steele, Loan Officer a First 1ntetstate Bank RECEIVED 10/6/2010 at 9:58 AM RECEIVING 955858 BOOK: 755 PAGE: 43 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 000043 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY State of County of MODIFICATION OF MORTGAGE (Continued) C C‘5044 Page 2 LIMITED LIABILITY COMPANY ACKNOWLEDGMENT This instrument was acknowledged before me on 5“ /141.01D(date) by Michael T. Halpin, Vice President of Meridian Group, Inc, Manager of Alpine Junction, LLC, a Wyoming limited liability company, as Mortgagor(s). LISA M. PADDLEFORD NOTARY PUBLIC County of State of Teton r,� Wyoming My Commission Expires September 12 RI TARA PETERSON NOTARY PUBLIC COUNTY OF STATE OF TETON ,11r. WYOMING MY COMMISSION EXPIRES 12/7/2011 (ice M Faddf eq( (Notarial Signature) LENDER ACKNOWLEDGMENT My commission expires: et, 12' BIZ State of VV OI QW1Oln/ County of \i°Ary1r) This instrument was acknowledged before me on 2'9 201 (date) by L Wt G COO ce' �GLL.a (Notarial Signatur 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 -69173 PR -244