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HomeMy WebLinkAbout957807RECORDATION 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. 0. Box 11095 Jackson, WY 83002-1095 MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated December 29, 2010, is made and executed between Kaibab Investments LLC, a Wyoming Limited Liability Company, whose address is 567 N Desmet Ave, Buffalo, WY 82834 -1640 (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 27, 2007 (the "Mortgage which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded in the office of the Lincoln County Clerk on April 30, 2007 as Instrument No. 928870 in Book 656, Page 187. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Unit 8 of Lake View Villas Condominiums together with undivided interest in common elements in accordance with the Declarations of Condominium Ownership and Declaration of Restrictions, Covenants and Conditions recorded February 23, 2007 in Book 649PR on page 501 and by the official plat filed on February 23, 2007 as Instrument No. 926986, of records of the Lincoln Clounty Clerk The Real Property or its address is commonly known as Unit 8, Lot 82, Alpine Village Subdivision, Alpine, WY 83128. The Real Property tax identification number is 12- 3718- 19 -2 -03 -007. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: To extend the maturity date to November 27, 2015. 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 DECEMBER 29, 2010. GRANTOR: KAIBAB INVESTMENTS LLC By: Daryl E Dinkla, Member of Kalbab Investments LLC By: David M Wri ember of Kaibab Investments LLC LENDER: FIRST INTERSTATE B on, Ice Firstlntle►state Bank By: RECEIVED 1/27/2011 at 9:37 AM RECEIVING 957807 BOOK: 761 PAGE: 423 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY dam Patterson, ember of Kaibab Investments LLC 0©0423 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY RECORDATION 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 December 29, 2010, is made and executed between Kaibab Investments LLC, a Wyoming Limited Liability Company, whose address is 567 N Desmet Ave, Buffalo, WY 82834 -1640 (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 27, 2007 (the "Mortgage which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded in the office of the Lincoln County Clerk on April 30, 2007 as Instrument No. 928870 in Book 656, Page 187. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Unit 8 of Lake View Villas Condominiums together with undivided interest in common elements in accordance with the Declarations of Condominium Ownership and Declaration of Restrictions, Covenants and Conditions recorded February 23, 2007 in Book 649PR on page 501 and by the official plat filed on February 23, 2007 as Instrument No. 926986, of records of the Lincoln Clounty Clerk The Real Property or its address is commonly known as Unit 8, Lot 82, Alpine Village Subdivision, Alpine, WY 83128. The Real Property tax identification number is 12- 3718- 19 -2 -03 -007. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: To extend the maturity date to November 27, 2015. 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 DECEMBER 29, 2010. GRANTOR: KAIBAB INVESTMENTS L� By By: David M Wright, Me tments LLC LENDER: FIRST INTERSTATE X Jake Hanson, Vice President a First Interstate Bank B Adam Patterson, Member of Kaibab Investments LLC 000424 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY RECORDATION REQUESTED BY: First Interstate Bank Jackson Main Branch 842 West Broadway P. O. 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 December 29, 2010, is made and executed between Kaibab Investments LLC, a Wyoming Limited Liability Company, whose address is 567 N Desmet Ave, Buffalo, WY 82834 -1640 (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 27, 2007 (the "Mortgage which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded in the office of the Lincoln County Clerk on April 30, 2007 as Instrument No. 928870 in Book 656, Page 187. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Unit 8 of Lake View Villas Condominiums together with undivided interest in common elements in accordance with the Declarations of Condominium Ownership and Declaration of Restrictions, Covenants and Conditions recorded February 23, 2007 in Book 649PR on page 501 and by the official plat filed on February 23, 2007 as Instrument No. 926986, of records of the Lincoln Clounty Clerk The Real Property or its address is commonly known as Unit 8, Lot 82, Alpine Village Subdivision, Alpine, WY 83128. The Real Property tax identification number is 12- 3718- 19 -2 -03 -007. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: To extend the maturity date to November 27, 2015. 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 DECEMBER 29, 2010. GRANTOR: KAIBAB INV' MENTS LLC By: By: Daryl E Din a, Member of atbab Investments LLC Adam Patterson, Member of Kaibab Investments LLC By: David M Wright, Member of Kaibab Investments LLC LENDER: FIRST INTERSTAT ake Hanson, ce President First Interstate Bank 000425 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY This instrument was acknowledged before me on r�" OJT (date) b(Daryl E Dinkla>ember of Kaibab Investments LLC; Adam Patterson, Member of Kaibab Investments LLC; and David Wri ht, Member of Kaibab investments LLC. g Sharolyn N. Ryan 2 Notarial Seal -1OWA on Commission No.1043 7 My Commission Expires This instrument was acknowledged before me on P... Et�!' y �lQ r�i LENDER ACKNOWLEDGMENT 1/20/20 I fiP LANE A. COOPL.Bt rdO {flY Pljk LIC k t,. :'STATE OF COUNTY or WYOMING LINCOLN AlIY CQh4 .r� u ^S S Pvi fCY 7.. 1.... p Signature My commission expires: 000426 //,%67/3 (date) by3)Ve--- fl c 6 7 JP -for My commission expires: LASER PRO Lending, Ver. 5.54.00.006 Copr. Harland Financial Solutions, Inc. 1997, 2010. All Rights Reserved. WY K: \CFI \LPL \G201.FC TR -73094 PR -244 MODIFICATION OF MORTGAGE (Continued) Page 2 LIMITED LIABILITY COMPANY ACKNOWLEDGMENT State of County of Th ac nowledge on 1 (date) by Daryl E Dinkla, Member of Kaibab Investments LLC Adam atterson, Member of Kaibab Investments LLC and •avid M right, Member9iKaibab Investments LLC. STEPHANIE A. COOPER NOTARY PUBLIC COUNTY OF LINCOLN State of County of This instrument was acknowledged before me o STATE OF WYOMVIING COMMISSION EXP!°ES MAY 24, 2012 LENDER ACKNOWLEDGMENT My commission expires: (date) by ial Signature) My commission ex s: LASER PRO Lending, Ver. 5.54.00.006 Copr. Harland Financial Solutions, Inc. 1997, 2010. All Rights Reserved. WY K: \CFI \LPL \G201.FC TR -73094 PR -244 000427 State of W ff V-r"�t A. County of JV rl vi 6 cm MODIFICATION OF MORTGAGE (Continued) LIMITED LIABILITY COMPANY ACKNOWLEDGMENT This instrument was acknowledged before me on -3-4-4k0-ry �y I (date) P estrwents..61-6f and David M Wright, Member of Kaibab Investments LLC. APRIL K. CONSTANTINE NOTARY PUBLIC County of State of .t wf�0g Johnson .i My Commission Expires 07!06120 3 State of County of This instrument was acknowledged before me on My commission expires: LENDER ACKNOWLEDGMENT t7 /0(0 (date) by (No'tArial Signature) My commis on expires: Page 2 OO)428 LASER PRO Lending, Ver. 5.54.00.006 Copr. Harland Financial Solutions, Inc. 1997, 2010. All Rights Reserved. WY K: \CFI \LPL \G201.FC TR -73094 PR -244 For good and valuable consideration, the receipt and sufficiency of which is acknowledged, 1, te. y k „Id do hereby forever release and waive all rights under and by v of the Homestead Exemption Laws of the State of Wyoming in regard to: See attached exhibit "A" together with all improvements thereon. I realize that m husban. wife, .1 ,4 (,NYC_ g n ir(44 has applied to r 2 c rA e. /c fora loan and acknowledge that the said lender has relied upon this release and waiver in making the said loan. Dated: This ,?1:2 tray of bee P 20/0 STATE OF rii6,—J ss COUNTY O A The foregoing instrument as acknowledged before pie this ay of 20/, by ad d WITNE S my hand and official seal. RELEASE AND WAIVER day My Commission Expires: 19 Residing in: J 4 .29,LV2 Sharolyn N. Ryan Notarial Seal IOWA Commission No.)04.,87 My Commission Expires 4 fig? feRo/ Notary Public COC.•429 For good and valuable consideration, the receipt and sufficiency of which is acknowledged, I, 3 a r;( do hereby forever release and waive all rights under and by virtue of themestead Exemption Laws of the State of Wyoming in regard to: See attached exhibit "A" together with all improvements thereon. 1 realize that my husband /wife, f (,u (,t) applied to f s- F,,,.� Ir,�.z for& loan and acknowledge that the said lender has relied upon this release and waiver the said loan. Dated: This day of 3 0 n k ,20n. STATE OF COUNTY OF► I RELEASE AND WAIVER /Notary Public My Commission Expires: OD 13- /e4 Residing in: (/L� 1 GJ'')'1 000:0434 has in making The foregoing instrumen was acknowledged before me this ,2011,by .,sr� 1�- �J�� h+ WI NESS my hand and official seal. Candace Heller Notary Public County of Johnson State of I YVyoming My Commission Expires Feb. 13, 20