HomeMy WebLinkAbout967364RECORDATION REQUESTED BY:
Tolleson Private Bank, a Texas banking corporation
5550 Preston Road, Suite B
Dallas, TX 75205 -2661
WHEN RECORDED MAIL TO:
Tolleson Private Bank, a Texas banking corporation
5550 Preston Road, Suite B
Dallas, TX 75205 -2661
SEND TAX NOTICES TO:
Heath Properties, L.P.
5550 LBJ Freeway, Suite 750
Dallas, TX 75240
MODIFICATION OF MORTGAGE
THIS MODIFICATION OF MORTGAGE dated September 8, 2012, is made and executed between Heath Properties,
L.P., whose address is 5550 LBJ Freeway, Suite 750, Dallas, TX 75240 (referred to below as "Grantor and
Tolleson Private Bank, a Texas banking corporation, whose address is 5550 Preston Road, Suite B, Dallas, TX
75205 -2661 (referred to below as "Lender
MORTGAGE. Lender and Grantor have entered into a Mortgage dated October 7, 2004 (the "Mortgage which has been recorded in Lincoln
County, State of Wyoming, as follows:
Recorded October 11, 2004 Lincoln County Clerk, Book 569PR, Page 645.
REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming:
Lot 19 of Shadow Dancer Estates Subdivison, Lincoln County, Wyoming as described on the Official Plat thereof.
The Real Property or its address is commonly known as Lot 19 of Shadow Dancer Estates, Alpine, WY 83128.
MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows:
Mortgage originally between Heath Builders, L.P. now known as Heath Properties, L.P. and Tolleson Private Bank, renewed and extended to
mature September 8, 2013. Quarterly interest payments beginning December 8, 2012 and continuing on the 8th day of each quarter
thereafter until maturity, September 8, 2013.
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 SEPTEMBER 8, 2012.
GRANTOR:
HEATH PROPERTIES, L.P.
DWH N ESTMEN S
hard eath, President of DWH Investments,
Inc.
LENDER:
TOLLESON
X
Aut 'rized Signer
Heath Properties, L.P.
T BANKING CORPORATION
RECEIVED 10/15/2012 at 11:36 AM
RECEIVING 967364
BOOK: 796 PAGE: 223
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
Loan No: 12286
State of
County of bca 1
This instrument was acknowledged before me on
General Partner of Heath Properties, L.P..
z
State of 1 e)(.Ct5
County of iCtikas
LAURA BERG
Notary Public, State of Texas
My Commission Expires
October 17, 2013
LAURA BERG
Notary Public, State of Texas
My Commission Expires
October 17, 2013
/IIIII
MODIFICATION OF MORTGAGE
(Continued) Page 2
PARTNERSHIP ACKNOWLEDGMENT
(1161
(Notan Signature)
My commission expires:
LENDER ACKNOWLEDGMENT
This instrument was acknowledged before me on LO. 1 1 L (date) by
(date) by Richard W. Heath, President of DWH Investments, Inc.,
(Notarial Signature)
My commission expires:
LASER PRO Lending, Ver. 12.2.0.003 Copr. Harland Financial Solutions, Inc. 1997, 2012. All Rights Reserved. WY /TX
I: \BANK \CFI \LPL \G201.FC TR -1206 PR -34
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