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Home My WebLink About956869WHEN ED, SEND TO: AMERA MORTGAGE CORPORATION 1050 CORPORATE OFFICE DRIVE, STE 200 MILFORD, MICHIGAN 48381 Loan Number: 66537 MIN: (Space Above This Line For Recording Data) This Loan Modification Agreement "Agreement made this 23rd day of September 2010, between Joel A Hinds and Lisa M Hinds, Husband and Wife, as Joint Tenant with right of survivorship "Borrower and Bank of Las Vegas (fka Dessert Community Bank) "Lender and Mortgage Electronic Registration Systems, Inc., (MERS) "Mortgagee amends and supplements: (1) the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument and Timely Payment Rewards Rider, if any, dated August 31, 2007, and granted or assigned to Mortgage Electronic Registration Systems, Inc., as mortgagee of record (solely as nominee for Lender and Lender's Successors and assigns, P.O. Box 2026, Flint, Michigan, 48501 -2026, and recorded in Instrument #932781, Book or Liber 671, at page(s) 134, of the Records of Lincoln County, Wyoming and (2) the Note bearing the same date as, and secured by, the Security Instrument, which covers the real and personal property described in the Security Instrument and defined therein as the "Property," located at: 751 Strawberry Creek Rd Bedford, WY 83112 (Property Address) the real property described being set forth as follows: LOT 58 BRIDGER FOREST RANCH SUBDIVISION, AMENDED, LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT THEREOF. Parect# 34182730200500 IDS, Inc.- (800)554 -1872 LOAN MODIFICATION AGREEMENT RECEIVED 11/22/201 at 3:34 PM RECEIVING 956869 BOOK: 757 PAGE: 646 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER WY 000646 In consideration of the mutual promises and agreements exchanged, the parties hereto agree as follows (notwithstanding anything to the contrary contained in the Note or Security Instrument): 1. As of September 28, 2010, the amount payable under the Note and the Security Instrument (the "Unpaid Principal Balance is U.S. $327,642.70, consisting of the amount(s) loaned to Borrower by Lender and any interest capitalized to date. LOAN MODIFICATION AGREEMENT Single Family— Fannie Mae UNIFORM INSTRUMENT with MERS For 1 79 1/01 Page 1 of 3,lis�d 1 Borrower(s) Initials 2. Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of Lender. Interest will be charged on the Unpaid Principal Balance at the yearly rate of 4.500 from September 1, 2010 through September 1, 2037 (the "NEW Maturity Date Borrower promises to make monthly payments of principal and interest of U.S. $1,748.70, beginning on the 1st day of October, 2010, and continuing thereafter on the same day of each succeeding month until principal and interest are paid in full. By executing this Agreement, Borrower waives any Timely Payment Rewards rate reduction to which Borrower may be entitled. If on September 1, 2037 (the "Maturity Date Borrower still owes amounts under the Note and the Security Instrument, as amended by this Agreement, Borrower will pay these amounts in full on the Maturity Date. Borrower will make such payments at Bank of Las Vegas 3740 South Pecos McLeod Las Vegas, NV 89121 QI0 or at such other place as Lender may require. 3. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 4. Borrower also will comply with all other covenants, agreements, and requirements of the Security Instrument, including without limitation, Borrower's covenants and agreements to make all payments of taxes, insurance premiums, assessments, escrow items, impounds, and all other payments that Borrower is obligated to make under the Security Instrument; however, the following terms and provisions are forever canceled, null and void, as of the date specified in paragraph No. 1 above: (a) all terms and provisions of the Note and Security Instrument (if any) providing for, implementing, or relating to, any change or adjustment in the rate of interest payable under the Note; including, where applicable, the Timely Payment Rewards rate reduction, as described in paragraph 1 of the Timely payment Rewards Addendum to Note and paragraph A.1. of the Timely Payment Rewards Rider. By executing this Agreement, Borrower waives any Timely Payment Rewards rate reduction to which Borrower may have otherwise been entitled; and (b) all terms and provisions of any adjustable rate rider, or Timely Payment Rewards Rider, where applicable, or other instrument or document that is affixed to, wholly or partially incorporated into, or is part of, the Note or Security Instrument and that contains any such terms and provisions as those referred to in (a) above. LOAN MODIFICATION AGREEMENT Single Family— Fannie Mae UNIFORM INSTRUMENT with MERS Form 3179 1101 Page 2 of 3 R' I 1 IDS, Inc. (800) 554 -1872 Borrower(s) Initials 647 5. It is an event of default if Borrower fails to comply with or perform any other term, obligation, covenant or condition contained in this Agreement or in any of the related documents or fails to comply with or perform any term, obligation, covenant or condition contained in any other agreement between Lender and Borrower. 6. Nothing in this Agreement shall be understood or construed to be a satisfaction or release in whole or in part of the Note and Security Instrument. Except as otherwise specifically provided in this Agreement, the Note and Security Instrument will remain unchanged, and Borrower and Lender will be bound by, and comply with, all of the terms and provisions thereof, as amended by this Agreement. Bank of Las Vegas Mortgage Electronic Registration Mortgagee Systems, Inc. STATE OF County of i V L v before me, the undersigned, a notary the day of in the yea g ry ublic in and for said public personally appeared Joel A Hinds and Lisa M Hinds, personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s) whose name(s) is (are) subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his /her /their capacity(ies) and that by his /her /their signature(s) on the instrument, the individual(s) or the person upon behalf of which the individual(s) acted, executed the instrument. IDS, Inc. (800) 554-1872 E. DOMINGUEZ Notary Public State of Nevada No. 00- 65735 -1 My appt. exp. Sent. 14, 7012 Lender A Hinds Borrower sa M Hind 1. otary Public 00 648 Borrower (Space Below This Line For Acknowledgments LOAN MODIFICATION AGREEMENT Single Family— Fannie Mae UNIFORM INSTRUMENT with MERS Form 3179 1/01 Page 3 of 3 Revised 8/01 Borrower(s) Initials STATE OFkitil ss. COUNTY OF ACKNOWLEDGEMENT On 44400/ 2010, before me, the undersigned notary, personally appeared Michael Beal, Vice President of Bank of Las Vegas who duly acknowledged to and before me that he signed the foregoing instrument for and on behalf of said corporation, having all requisite authority to so act. My commission expires: E. DOMINGUEZ Notary Public State of Nevada i.; No. 00-65735-1 y .a. a Av 0Cp€49 STATE OF MICHIGAN }ss COUNTY OF OAKLAND My Commission expires: THERESAA VO S N COUNTY OF LIVINGSTON MY COMMISSION EXPIRES 08 /24/2016 ACTING IN THE COUNTY OF: e pa1 ACKNOWLEDGEMENT On November 1, 2010 before me, the undersigned notary, personally appeared Melinda Cain, Asst Secretary of MERS Mortgage Electronic Registration Systems who duly acknowledged to and before me that she signed the foregoing instrument for and on behalf of said corporation, having all requisite authority to so act. Notary Public GSQ