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HomeMy WebLinkAbout959951RECORDATION REQUESTED BY: First Interstate Bank Jackson Town Square Branch 120 East Broadway P. 0. Box 11095 Jackson, WY 83002 -1095 WHEN RECORDED MAIL TO: First Interstate Bank Jackson Town Square Branch 120 East Broadway P. 0. Box 11095 Jackson, WY 83002 -1095 MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated June 30, 2011, is made and executed between LOF, LLC, a Wyoming Limited Liability Company, whose address is 1655 W Big Trail Drive #604, Jackson, WY 83001 (referred to below as "Grantor and First Interstate Bank, whose address is 120 East Broadway, P. 0. Box 11095, Jackson, WY 83002 -1095 (referred to below as "Lender MORTGAGE. Lender and Grantor have entered into a Mortgage dated September 30, 2008 (the "Mortgage which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded on October 06, 2008 in the Lincoln County Clerks Office in Book 706, Page(s) 349, as Document No. 942697. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Lot 3, Aspen Ridge Estates, Lincoln County, Wyoming, according to that plat filed April 28, 2004 in the Office of the Lincoln County Clerk as Plat No. 237 -B The Real Property or its address is commonly known as Lot #3 of The Aspen Ridge Estates Subdivision, Alpine, WY 83128. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Modification of Mortgage is to extend the maturity date April 27, 2011 to April 27, 2012. 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 JUNE 30, 2011. GRANTOR: LOF, C, A IA/ LIMITED LIABILITY COMPANY 1....; g ave Leinonen, Manager of LOF, LLC, a Wyoming Cindy Leinone�, Manager of LOF, LLC, a Wyoming Limited Liability Company Limited Liability Company By: LENDER: FIRST INTERSTATE BANK n Je n, ic= resident Fi Fiist Interstate Bank By: RECEIVED 7/6/2011 at 10:59 AM RECEIVING 959951 BOOK: 768 PAGE: 871 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 000871 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY 000872 Wt 60 State of VUV4Inc County of LIMITED LIABILITY COMPANY ACKNOWLEDGMENT This instrument was acknowledged before me on V utqe. JU 1) (date) by Dave Leinonen, Manager of LOF, LLC, a Wyoming Limited Liability Company and Cindy Leinonen, Manager of LOF, LLC, a Wyoming Limited Liability Company. TARA PETERSON NOTARY PUBLIC COUNTY OF STATE OF TETON WYOMING MY COMMISSION EXPIRES 12/7/2011 State of 1■1 Li n/ v1� County of 1 7 C..tt5VI This instrument was acknowledged before me on JL& 1e 3 O l 1 (date) by beA■Aik.Avi �CCS1d��t oC rws1- 10 TARA PETERSON NOTARY PUBLIC COUNTY OF ,)J` STATE OF TETON WYOMING MY COMMISSION EXPIRES 12/7/2011 FIRST INTERSTATE BANK PO BOX 11095 802 W BROADWAY JACKSON, WY 83002 -1095 MODIFICATION OF MORTGAGE (Continued) Page 2 (Notarial Si natu (N g My commission expires: LENDER ACKNOWLEDGMENT (Notarial Signature) My commission expires: LASER PRO Lending, Ver. 5.56.00.005 Copr. Harland Financial Solutions, Inc. 1997, 2011. All Rights Reserved. WY K: \CFI \LPL \G201.FC TR -64189 PR -199