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HomeMy WebLinkAbout961434State of Wyoming Space Above This Line For Recording Data MODIFICATION OF MORTGAGE DATE AND PARTIES. The date of this Real Estate Modification (Modification) is 10 -12 -2011 The parties and their addresses are: MORTGAGOR: WJW HOLDINGS, LLLP, A WYOMING LIMITED LIABILITY LIMITED PARTNERSHIP PO BOX 3309 ALPINE, WY 83128 LENDER: FIRST INTERNATIONAL BANK &TRUST ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NORTH DAKOTA 3001 S 25TH ST PO BOX 10938 FARGO, ND 58106 RECEIVED 10/17/2011 at 3:08 PM RECEIVING 961434 BOOK: 774 PAGE: 539 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 000539 BACKGROUND. Mortgagor and Lender entered into a Security Instrument dated 09-12-2007 and recorded on 09-26-2007 The Security Instrument was recorded in the records of LINCOLN County, Wyoming at RECEIVING #933473 BOOK 673 PAGE 432 The property is located in LINCOLN County at ALPINE VILLIAGE SUBDIVISION, ALPINE, WY 83128 Described as: SEE ATTACHED EXHIBIT "A" REAL ESTATE MODIFICATION WYOMING INOT FOR FNMA, FHLMC, FHA OR VA USE) E 0 ©2001 Bankers Systems, Inc., St. Cloud, MN Form MMOD -WY 1/16/2004 (page 1 of 3) MODIFICATION. For value received, Mortgagor and Lender agree to modify the original Security Instrument. Mortgagor and Lender agree that this Modification continues the effectiveness of the original Security Instrument. The Security Instrument was given to secure the original debts and obligations {whether identified as Secured Debts, Sums Secured, or otherwise) that now have been modified. Together with this Modification, the Security Instrument now secures the following debts and all extensions, renewals, refinancings, modifications and replacements. (Include items such as borrower's name, note or contract amounts, interest rates (whether variable), maturity dates, etc.) THE PARTIES AGREE THAT THE UNPAID BALANCE SHALL BEAR INTEREST AT A RATE OF 5.53% FIXED. THE MATURITY DATE WILL BE EXTENDED TO OCTOBER 10, 2012. FROM THAT STATED ABOVE, SAID BALANCE AND INTEREST ARE PAYABLE AS FOLLOWS: MONTHLY PAYMENTS OF $9,000 PRINCIPAL PLUS ACCRUED INTEREST WILL BE ON THE 15TH OF EACH MONTH BEGINNING NOVEMBER 15, 2011 IF NOT SOONER PAID. DO MAXIMUM OBLIGATION LIMIT. The total principal amount secured by the Security Instrument at any one time will not exceed 3,435,720.22 which is a 2,564,279.78 increase decrease in the total principal amount secured. This limitation of amount does not include interest and other fees and charges validly made pursuant to the Security Instrument. Also, this limitation does not apply to advances made under the terms of the Security Instrument to protect Lender's security and to perform any of the covenants contained in the Security Instrument. CONTINUATION OF TERMS. Except as specifically amended in this Modification, all terms of the Security Instrument remain in effect. SIGNATURES: By signing below, Mortgagor agrees to the terms and covenants contained in this Modification. Mortgagor also acknowledges receipt of a copy of the Modification. MORTGAGOR: WOW HOLDINGS, LLP (Signature) WILLIAM J'WI MANN, GENERAL PARTNE e) (Signature) (Date) (Signature) (Date) (Signature) (Date) LENDER: By 00054 DENNIS L. SCHOCK, SENIOR VICE PRESIDENT (Signature) (Signature) (Date) (Date) 7&- 02001 Bankers Systems, Inc., St. Cloud, MN Form MMOD -WY 1/16/2004 /page 2 of 3) ACKNOWLEDGMENT: STATE OF 1 y O1'�1 1 '(1 COUNTY OF t--; ACo ss. i (Individual) This instr ent Jvas ack --?"01 edged before me this La_ day o .1 '4r Q 1 by m 1 rl i I M.► n, 11 l�.a ti`*'s ti fl n ,S_S il My commission expires: J.- i Q 13 (Seal) ACKNOWLEDGMENT: STATE OF NORTH DAKOTA COUNTY OF This instrument was acknowledged before me this l by DENNIS L. SCHOCK as SENIOR VICE PRESIDENT of FIRST INTERNATIONAL BANK &TRUST Business or Entity). My commission expires: (Lender) (Seal) TRACI KETTERLING Notary Public State of North Dakota My Commission Expires Feb, 25, 2015 CZLO (Notary Public) 000541 (Titles) (Name of P ©2001 Bankers Systems, Inc., St. Cloud, MN Form MMOD -WY 1/16/2004 (page 3 of 3) ORDER NUMBER: NTL -1582 PARCEL #1 LOT 20 OF ALPINE VILLAGE S[JBDXVLSION NO. 1 PLAT 2, AlvIENDED, RECORDED JUNE 4, 1981 AT DOCUMENT NUMBER 559 191, MAP NUMBER 264, IN THE OFFICE OF THE CLERK, LINCOLN COUNTY, WYOMING. PARCEL #2 LOT 21 OF ALPINE VILLAGE SUBDIVISION NO. 1 PLAT 2, AMENDED, RECORDED JUNE 4, 1981 AT DOCUMENT NUMBER 559191, MAP NUMBER 264, IN THE OFFICE OF THE CLERIC, LINCOLN cOUNTY, WYOMING. PARCEL #3 PARCEL #4 EDIT "A" 000542 LOT 27 OF ALPINE VILLAGE SUBDIV]SION NO. 1 PLAT 2, AMENDED, RECORDED .TUNE 4,1981 AT DOCUMENT NUMBER 559191, MAP NUMBER 264, IN THE OFFICE OF THE CLERK, LINCOLN COUNTY, WYOMING. THAT PORTION OF LOT 41 IN THE ALPINE VILLAGE SUBDIVISION NO. 1, PLAT 2, AMENTtED, RECORDED n]NE 4, 1981 AT DQCUMBNT NuivIsER 559191, MAP NUMBER 264, LINCOLN COUNTY, WYOMING LYING NORTH WEST OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT A POINT ON THE NORTHEASTERLY LINE OF SAID LOT 41 SOUTH 36 °56'17" EAST, 302.00 PEET FROM THE NORTH CORNER OF SAID LOT; THENCE SOUTH 53 0 04'01" WEST, 459.22 FEET PARALLEL WITH AND 302.00 FEET SOUTHEASTERLY OP THE NORTHWEST 1 LY LINE OF SAID LOT TO THE SOUTHWESTERLY LINE OF SAID LOT.