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HomeMy WebLinkAbout969489AMENDMENT TO MORTGAGE 00003 THIS AMENDMENT TO MORTGAGE (this "Amendment is entered into effective as of August 20, 2012 by and between TIKCUF INVESTMENTS, INC., a Florida corporation "Borrower and WELLS FARGO BANK, N.A. SUCCESSOR BY CONSOLIDATION WITH THE JACKSON STATE BANK TRUST "Bank RECITALS WHEREAS, Bank is the Mortgagee and Borrower is Mortgagor under a Mortgage dated March 26, 2010, recorded June 4, 2010 in Book 748, Page 380, Receiving No. 953800 of the Lincoln County, Wyoming Clerk and Recorder (the "Mortgage that encumbers the property described as follows: Lot 3 of Alpine Village Subdivision No. 1, Plat 1, Amended, according to that plat filed in the Office of the Lincoln County Clerk, State of Wyoming (the "Mortgaged Property WHEREAS, Borrower and Bank have agreed to renew and modify the debt obligation secured by the Mortgage and to amend the Mortgage as set forth herein. NOW, THEREFORE, for valuable consideration, including the Bank's agreement to renew the debt obligation secured by the Mortgage, the receipt and sufficiency of which is hereby acknowledged by the Borrower, the parties hereto agree to amend the Mortgage as follows: The "Maximum Lien" of the Mortgage is hereby declared to be $1,328,552.04, together with all interest and other costs, fees and expenses allowed by the Mortgage and the Note. The term "Note" as defined in the Mortgage is deleted and the language below is substituted: Note. 2010 in the renewals of, substitutions includes but Consolidated Consolidated to Bank. {00100308.DOC The word "Note" means the promissory note dated as of March 26, total consolidated principal amount of $2,645,618.30, together with all extensions of, modifications of, refinancing of, consolidations of, and for the promissory note(s) or agreement(s), each or collectively, which is not limited to that Consolidation of Promissory Notes, Modification to Promissory Note dated December 10, 2010, and Third Modification to Promissory Note with an Effective Date of June 12, 2012, from Borrower Except as expressly set forth herein, all terms and conditions of the Mortgage remain in full force and effect, without waiver or modification. All terms defined in the Mortgage shall have the same meaning when used in this Amendment. RECEIVED 2/14/2013 at 10:35 AM RECEIVING 969489 BOOK: 804 PAGE: 603 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Borrower certifies that, notwithstanding the amendments set forth herein, all of the real property encumbered by the Mortgage securing the Note shall remain subject to the lien, charge or encumbrance of the Mortgage or other document pursuant to which such lien, charge or encumbrance is created, and nothing contained herein or done pursuant hereto shall affect or be construed to affect the priority of the lien, charge or encumbrance of the Mortgage. This Amendment may be executed in counterparts, each of which shall be deemed an original and together which shall constitute one Amendment. IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the day and year first written above. [SIGNATURE PAGES FOLLOW] 2 eN 1 TIKCUF INVEST TS, INC., a Flori Ja Preside STATE OF n0 r ss. COUNTY OF tC 01 L This instrument was acknowledged before me on 6... 2013, by James H. Dorsey, III, President of Tikcuf Investments, Inc., aFlorida corporation. 1 otary Public My commission expires: /b/ ?f c96 SEAL (if any) 6EORAIANNA P CEROLA Notary Peek Stub of Florida My Comm. Expires Oct 26, 2016 Commission N EE 816667 annded Throui h Ninon$ Notary Assn 3 0060", WELLS FARGO BANK, N.A. By: Name: Je Title: Vi Lundgren resident STAT •F Oat ►r ss. COUNTY OF1 L C\ S This instrument was acknowledged before me on nu '1 1 'LW 2013, by Jerald Lundgren, as Vice President of Wells Fargo Bik, N.A., a national bank association. SEAL if any) GENERAL NOTARY -State of Nebraska MELJNA ARROYO My Comm. Exp. April 12,2016 Notary Public My commission expires: 4 u000