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HomeMy WebLinkAbout963999RECORDATION 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 March 23, 2012, Is made and executed between Alpine Junction LLC, a Wyoming Limited Liability Company, whose address is 330 North Glenwood, Jackson, WY 83301 (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 17, 2007 (the "Mortgage') which has been recorded in Lincoln County, State of Wyoming, as follows: Recorded on April 24, 2007 In the Lincoln County Clerks Office in be 055, Page(s) 559; Document No. 929705. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Parcel 1: Lots 2 -7, 12, 13, 15-18, 22, 31, 35-38, 40, 42, 53. 64-65, 68, 75, 81, 86, 96-98, 111, 119 -120, 127, 128, 130, 133, 140, 148, 158, 162, 178 -186, Alpine Meadows Subdivision as shown by the official plat there of tiled on August 23, 2005 in the Office of the Clerk, Lincoln County, Wyoming, as Plat No. 206-A The Real Property or its address is commonly known as Alpine Meadows Subdivision, Alpine, WY 83128. MODIPICATIOM. Lender and Grantor hereby modify the Mortgage as follows: Modification of Mortgage Is to extend the Maturity date to March 23, 2042. CONTINUING VAUDITY. 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 givers 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 AU. THE PROVISIONS OF THIS MODIFICATION OF MORTGAGE AND GRANTOR AGREES TO ITS TERMS. THIS MODIFICATION OF MORTGAGE 13 DATED MARCH 23, 2012. GRANTOR: ALPINE JUNCTION LLC, A WYOMING LIMITED UASIUTY COMPANY FIRST INTERSTATE SANK 2 MERIDIAN GROUP INC, Manager of AI p Junction LLC, a Wyoming Umlted Liability Company I11/ is BY: Michael T. H1N Vihse Pr t el Meridian Group Me LENDER: a Fist Interstate Bark RECEIVED 4/6/2012 at 11:58 AM RECEIVING 963999 BOOK: 784 PAGE: 300 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 00300 state of \N.1 no/I/I County of l(/j P Vl f A/ This instrument was acknowledged before me on f l (date) by Michael T. Halpin, Vice President of Meridian Group Inc, Manager of Alpine Junction LLC, a Wyoming Limited Liability Company. a';F;) 1.nt! t;j3 y oriiii6D ?f_ni State of W MOW\ IV79 County of -TCA"Oin MODIFICATION OF MORTGAGE (Continued) LIMITED LIABILITY COMPANY ACKNOWLEDGMENT "2-017 LENDER ACKNOWLEDGMENT (Notarial Signature) .:1. 12. )c My commission expires: 00301 Page 2 This instrument was acknowledged before me on M(Vd 1 3 I (date) by ✓e1 w V y 1 VtAn sc Y r \f \Ce 1?(cs 6,11- 1n te ban \c. (Notarial Signature My commission expires: LASER PRO Lending, Ver. 5.59.00.003 Copr. Hadand Financial Solutions, Inc. 1997, 2012. All Rights Reserved. WY K: \CFI \LPL \ti201.FC TR -88532 PR -199