HomeMy WebLinkAbout968221WHEN RECORDED MAIL TO:
Alerus Financial, N.A.
Main Office
P.O. Box 6001
Grand Forks, ND 58206 -6001
GRANTOR:
By:
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JAMES AND ISTEN BULLIS FAMILY
James Bullis, eneral Partner of
K, en Bullis Family, LLLP
LENDER:
ALERUS FINANCIAL, N.A.
Aut orized Signer
MODIFICATION OF MORTGAGE
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RECEIVED 11/29/2012 at 11:37 AM
RECEIVING 968221
BOOK: 799 PAGE 327
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
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000704441005##################
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003
THIS MODIFICATION OF MORTGAGE dated November 19, 2012, is made and executed between James and
Kristen Bullis Family, LLLP, a North Dakota Limited Liability Limited Partnership, whose address is 4650 38th Ave S
Ste 110, Fargo, ND 58104 (referred to below as "Grantor and Alerus Financial, N.A., whose address is 2300 S
Columbia Rd, Grand Forks, ND 58201 (referred to below as "Lender
MORTGAGE. Lender and Grantor have entered into a Mortgage dated April 22, 2009 (the "Mortgage which has been recorded in Lincoln
County, State of Wyoming, as follows:
at 10:24 AM as Receiving #946847
REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming:
Lot 9 of Indian Creek Subdivision according to the Plat filed September 22, 1994 as Plat No. 105 -A in the office of the County Clerk,
Lincoln County, and State of Wyoming
The Real Property or its address is commonly known as Alpine, WY 83128.
MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows:
Extended Maturity Date from November 30, 2012 to March 31, 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 ail parties io 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 hereby ratifies and affirms that Grantor's liability shall
continue in full force and effect through and including the Note's now extended maturity date and that Grantor has no defenses, setoffs, or
other claims against Lender arising out of this credit facility. If it is determined that any other person or entity other than Lender shall have a
lien, encumbrance, or claim of any type which has a legal priority over any term of this Modification, the original terms of the Note and
Mortgage shall be severable from this Modification and separately enforceable from the terms thereof as modified hereby in accordance with
their original terms, and Lender shall maintain all legal or equitable priorities which were in existence before the date of execution of this
Modification. It is understood by and is the intention of the parties hereto that any legal or equitable priorities of Lender over any party which
were in existence before the date of execution of this Modification shall remain in effect after the execution of this Modification.
GRANTOR ACKNOWLEDGES HAVING EAD ALL THE PROVISIONS OF THIS MODIFICATION OF MORTGAGE AND GRANTOR AGREES TO ITS
TERMS. THIS MODIFICATION OF MO GE IS DATED NOVEMBER 19, 2012.
)c 4/4/1 _p
MODIFICATION OF MORTGAGE
Loan No: 704441005 (Continued) Page 2
State of //ib, V- l cr /(nto.
County of(r' ('l. {-ca
This instrument was acknowledged before me on
Family, LLLP.
JENNIFER R. DEL:
Notary Public
State of North Dako)ci
My Commision Expi ros Sept. .3 X01,3,1
4 5
State of v' Y i 1��2 /ce9i-
.JENNIFERR R. DEil
Notary nu',
State of North i,
My Cornmis$ion
PARTNERSHIP ACKNOWLEDGMENT
LENDER ACKNOWLEDGMENT
(date) by James R Bullis, General Partner of James and Kristen Bullis
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(Notiai Signature)
My commission expires: L E ,-)26/3
County of .f a Jl"t
This instrument was acknowledged before me on mil 4) 6 °Lr l (date) by /1 A( o,'
arial Signature)/
iSG.C?
My commission expires: 4 1
0032
LASER PRO Lending, Ver. 5.60.00.005 Copr. Harland Financial Solutions, Inc. 1997, 2012. All Rights Reserved. WY /ND
L: \CFI \LPL \G201.FC TR -631 PR -7