HomeMy WebLinkAbout960288RECORDATION REQUESTED BY:
State Fame Bank., F.S.B.
NMLS Company ID 139716
One State Farm Plaza
Bloomington, IL 61710
WHEN RECORDED MAIL TO:
State Farm Bank, F.S.B.
P Box 5961
Madison, WI 57305 -0961
SEND TAX NOTICES TO:
CLYDE RAINEY JR
MARY JANE RAINEY
PO BOX 271
AFTON, WY 83110 -0271
MODIFICATION OF MORTGAGE
THIS MODIFICATION OF MORTGAGE dated June 10, 2011, is made and executed between CLYDE RAINEY JR and
MARY JANE RAINEY; as Husband and Wife (referred to below as "Grantor") and State Farm Bank, F.S.B., whoso
address is One State Farm Plaza, Bloomington, IL 61710 (referred to below as "Lender
MORTGAGE. Lender and Grantor have entered into a Mortgage dated May 3, 2004 (the "Mortgage which has been recorded in LINCOLN
County, State of Wyoming, as follows: 454
RECORDED IN THE AMOUNT OF $20,000.00 ON 06/03/2004, AS DOCUMENT NUMBER 899845 IN THE LINCOLN COUNTY RECORDS
REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in LINCOLN County, State of Wyoming:
THE FOLLOWING DESCRIBED TRACT OF LAND IN LINCOLN COUNTY, STATE OF WYOMING, HEREBY RELEASING AND WAIVING ALL
RIGHTS UNDER AND BY VIRTUE OF THE HOMESTEAD EXEMPTION LAWS OF THE STATE, TO -WIT:
BEGINNING ONE (1) ROD EAST OF THE NORTHWEST CORNER OF LOT ONE (1), OF BLOCK FOURTEEN (14) IN THE AFTON TOWNSITE
AND RUNNING THENCE SOUTH TWELVE (12) RODS, THENCE WEST FIVE (5) RODS, THENCE NORTH SIX (6) RODS, THENCE WEST FIVE
(5) RODS, THENCE NORTH (6) RODS, THENCE EAST TEN (10) RODS TO THE POINT OF BEGINNING, TOGETHER WITH WATER RIGHTS
AND IMPROVEMENTS.
SUBJECT TO RESTRICTIONS, RESERVATIONS, EASEMENT, COVENANTS, OIL, GAS OR MINERAL RIGHTS OF RECORD, IF ANY.
The Real Property or its address is commonly known as 350 E 3RD AVE, AFTON, WY 83110. The Real Property tax identification number is
12-3218-30-3-08-120.00.
MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows:
PRINCIPAL INCREASE OF $5,000. THE LIEN OF THIS MORTGAGE SHALL NOT EXCEED AT ANY ONE TIME $25,000. THE MATURITY
DATE OF THIS MORTGAGE SHALL BE 07 31 2036.
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.
ADDITIONAL EVENT OF DEFAULT /ACCELERATION. We can terminate your Credit Line Account and require you to pay us the entire outstanding
balance in one payment, and charge you certain fees, if the property is not owner occupied as your primary residence.
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 10, 2011.
GRANTOR:
X
CLYD RAINEY JR
RECEIVED 7/29/2011 at 10:55 AM
RECEIVING 960288
BOOK: 770 PAGE: 149
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
000149
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
LENDER:
STATE FARM BANK, F.S.B.
X
Aut
State of
County of
zet VEN W. HAHN
HOME EQUITY MANAGER
ov
Randy Thompson o
County of I
Lincoln
M Commission Expir
000150
(Continued) Page 2
MODIFICATION OF MORTGAGE
INDIVIDUAL ACKNOWLEDGMENT
This instrument was acknowledged before me on "Z∎)A 2. 10 �'Q 1) (date) by CLYDE RAINEY JR and MARY JANE RAINEY, as Husband
and Wife.
(Notarial Signat
My commission expires:
0,u0A. 2 al3
Loan No: 8535325123
State of
County of
550
MODIFICATION OF MORTGAGE
(Continued)
LENDER ACKNOWLEDGMENT
This instrument was acknowledged before me on IA L 0 f 8 A (date) by
NICOLE BALDWIP;
Notary Public Notary Seal
STATE OF MISSOURI
St. Louis County
My Commission Expires; July 25, 2011
Commission #07149988
(Notarial Signature)
My commission expires:
Queue
000.i5X
Page 3
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LASER PRO Lending, Ver. 5.55.00.002 Copr. Harland Financial Solutions, Inc. 1 997, 2011. All Rights Reserved. WY /IL
C: \LASERPRO \CFI \LPL \G201.FC TR- 70758285 PR -HELC1