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HomeMy WebLinkAbout966847Recording Requested by/ After Recording Return To: Stewart Lender Services Attn: Modification Recordation 9700 Bissonnet Street, Suite 1500 Houston, TX 77036 Order ID: 7945262 Loan Number: 160651486 Borrower: FRED LOWERY Original Loan Amount: 1 v v Legal Description: See Exhibit 'A' Recording Reference: See Exhibit 'B' LOAN MODIFICATION AGREEMENT tv fll RECEIVED 9/17/2012 at 2:51 PM RECEIVING 966847 BOOK: 794 PAGE: 150 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Project ID: 255470 RErOPIAJG REQUESTED BY: BAC Hoe Loans Servicing, LP Attn Hon143 Retention Division: CA6- 919 -01 -43 400 National Way Simi Valley, CA 93065 Loan 160651486 FOR INTERNAL USE ONLY OOH LOAN MODIFICATION AGREEMENT (Fixed Interest Rate) This Loan Modification Agreement "Agreement made this 20th day of May 2011, between FRED T. LOWERY, and BAC Home Loans Servicing, LP (Lender), amends and supplements (1) the Mortgage, Deed of Trust, or Deed to Secure Debt (the Security Instrument), dated the 20th day of April 2007 and in the amount of $166,500.00 and (2) the Note bearing the same date as, and secured by, the Security Instrument, which covers the real and personal property described in the Security Instrument and defined therein as in the 'Property', located at 177 TRAIL DRIVE, ALPINE, WY 83128. SAME AS IN SAID SECURITY INSTRUMENT In consideration of the mutual promises and agreements exchanged, the parties hereto agree as follows (notwithstanding anything to the contrary contained in the Note or Security Instrument): 1 As of the 1st day of July 2011, the amount payable under the Note or Security Instrument (the "Unpaid Principal Balance") is U.S. $172,421.35 consisting of the amount(s) loaned to the Borrower by the Lender which may include, are not limited to, any past due principal payments, interest fees and /or costs capitalized to date. 2 The Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of the Lender. Interest will be charged on the Unpaid Principal Balance at the yearly rate of 3.875% from the 1st day of June 2011. The Borrower promises to make monthly payments of principal and interest of U.S. $707.27 beginning on the 1st day of July 2011, and continuing thereafter on the same day of each succeeding month until principal and interest are paid in full. If on the 1st day of June 2051 (the "Maturity Date the Borrower still owes amounts under the Note and Security Instrument, as amended by this Agreement, the Borrower will pay these amounts in full on the Maturity Date. 3 The Borrower will make such payments at 400 National Way, Simi Valley, CA or at such other place as the Lender may require. 4 Nothing in this agreement shall be understood or construed to be a satisfaction or release in whole or in part of the Note and Security Instrument. Except as otherwise specifically provided in this Agreement, the Note and Security Instrument will remain unchanged, and the Borrower and Lender will be bound by, and comply with, all terms and provisions thereof, as amended by this Agreement. 5 In consideration of this Modification, Borrower agrees that if any document related to the Security Instrument, Note and /or Modification is lost, misplaced, misstated, inaccurately reflects the true and correct terms and conditions of the loan as modified, or is otherwise missing, Borrower(s) will comply with Lender's request to execute, acknowledge, initial and deliver to Lender any documentation Lender deems necessary. If the original promissory note is replaced the Lender hereby indemnifies the Borrower(s) against any Toss associated with a demand on the original note. All documents Lender requests of Borrower(s) shall be referred to as Documents. Borrower agrees to deliver the Documents within ten (10) days after receipt by Borrower(s) of a written request for such replacement. As evidenced y their sign res below, the Borrower and the Lender agree to the foregoing ,y 3/ FRED T. LOWERY Dated STATE OF C I/ U1. C" COUNTY OF Pi-10 :ti On L 2) a U Before ��ln t.``�� eUC■Cl' Notary Publiclpersonally appeared FrE.eL_ Are. personally known to me (or proved to me on the basis of satisfactor to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his /her /their authorized capacity(ies), and that by his /her /their signatures (s) on the instrum p.tth person(s or entity up behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Signature 7 ��ii�iMi�Ai�i BA2 Loan# WHITNEY BUCKLEY NOTARY PUBLIC COUNTY OF e STATE OF LINCOLN _�Ti WYOMING MY COMMISSION EXPIRES JULY 13, 2014 160 Page 1 of 2 Bank of America, N.A., for itself or as successor by merger to BAC Home Loans Servicing, LP By: Stewart Lender Services, Inc., its attorney in fact By: STATE OF TEXAS COUNTY OF HARRIS Richard Sharp, A.V.P., Stewart Lender Services, Inc. Date On August 23, 2012 before me, Jennifer Phillips Notary Public- Stewart Lender Services, Inc., personally appeared Richard Sharp, A.V.P., Stewart Lender Services, Inc. personally known to me to be the person whose name is subscribed to the within instrument and acknowledged that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or entity upon behalf of which the person acted, executed the instrument. Witness my hand and official seal. Signature 1 •1ii-s' k I 1..4414a Jennifer Phillips My commission expires: June 24, 2015 DO NOT WRITE BELOW THIS LINE THIS SECTION IS FOR INTERNAL USE ONLY J \\pRY P 4 11 4 m JENNIFER PHILLIPS Notary Public, State of Texas My Commission Expires June 24, 2015 II/Ntl�\ 1/3 �s! u1_5 Order ID: 7945262 Loan Number: 160651486 Property Address: 177 TRAIL DRIVE, ALPINE, WY 83128 EXHIBIT A 001.51 Lot 626 -C, Lakeview Estates Subdivision as shown by the official plat thereof in the Office of the Clerk of Lincoln County, Wyoming. Recording Requested by /After Recording Return To: Stewart Lender Services Attn: Modification Recordation 9700 Bissonnet Street, Suite 1500 Houston, TX 77036 Order ID: 7945262 Project ID: 255470 Loan Number: 160651486 Borrower Name: FRED LOWERY Property Address: 177 TRAIL DRIVE, ALPINE, WY 83128 This Modification Agreement amends and supplements that certain Mortgage /Deed of Trust (the Security Instrument) recorded on 04/27/2007 as Instrument/Document Number: 928809, and /or Book /Liber Number: 656 at Page Number: 000024 in the real records of LINCOLN County, State of WY. Additional County Re nt t Original Loan Amount: 1 t, IIID I lU 1101111111 11 11 111 EXHIBIT B i