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HomeMy WebLinkAbout969934ESTOPPEL AND MECHANIC LIEN AFFIDAVIT 00747 The undersigned Grantors (the plural is used herein even if there is only one Grantor), each being duly sworn upon their respective oath, state: The Grantors, or their predecessors in title, did on May 30, 2008, sign and deliver, a promissory note in the original principal sum of $108,300.00 to Bank of the West, hereinafter "Holder" who is now the holder of that promissory note and the hereinafter described Deed of Trust or Mortgage. Said promissory note is secured by a Deed of Trust or Mortgage (hereinafter Mortgage) which is recorded in the records of Lincoln County, WY, and covers the following described real estate (hereinafter Property), more particularly described as: Common: 910 S Front Street Opal, WY 83124 Legal: Lot One (1), Block Nine (9) Amended Plat of Opal, Lincoln County, Wyoming. Grantors have defaulted in the payments due on said note and are unable to meet the obligations of said Note and Mortgage according to the terms thereof. On the date hereof, Grantors signed and delivered to the Holder a deed conveying the Property to Holder. Grantors hereby acknowledge, agree and certify that said deed is an absolute conveyance, surrender and forfeiture of their rights, title and interest in the Property together with all buildings thereof and appurtenances thereunto belonging and appertaining. This conveyance includes Grantors' rights to possess the Property and make any claim in the nature of a homestead against the Property, their rights to rentals from the Property, and their rights to cure any defaults on said note or to redeem the Property from foreclosure. Said deed was given voluntarily by the Grantors to Holder, in good faith on the part of Grantors and Holder, without any fraud, misrepresentation, duress or undue influence whatsoever, or any misunderstanding on the part of the Grantors or Holder, and was not given as a preference against any other creditors of said Grantors. Said deed of conveyance shall not restrict the right of the Holder to institute foreclosure proceedings if the Holder deems same to be necessary, but the conveyance by said deed shall be and is hereby intended and understood to be an absolute conveyance and an unconditional sale, with full extinguishment of Grantors' equity of redemption in the Property and a full release of all Grantors' rights, title and interest of every character in and to the Property. RECEIVED 3/13/2013 at 4:29 PM RECEIVING 969934 BOOK: 806 PAGE: 747 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY The consideration for said deed is that Grantors will receive full and absolute release of personal liability on said note together with a cancellation of record by Holder and the delivery to Grantors of said note and said mortgage, if there are no other liens against this Property. This affidavit has been made for the protection and benefit of the Holder, his or its successors and assigns, and all other parties hereafter dealing with or who may acquire an interest in the Property therein, and shall bind the respective heirs, executors, administrations, and assigns to the undersigned. Grantors further represent to Holder that to their personal knowledge, no additions, alterations, improvements or other repairs, for which payment has not been made, or for which liens can be asserted, claimed or recorded, have been made within the six months preceding the date of this affidavit on the Property. Grantors agree to protect, defend and hold harmless Holder or its successors and assigns against any and all liability, loss or damage, including attorney's fees and costs, it may incur or suffer ors' re e entations herein are untrue. Gr% or -JecerAt �Urnrrle.0 Grantor 14006 m.Sur ri On this 1 day of \t 1 9Y'1L:GV 203, before me personally appeared )6.. 4 1 ccuv t�LC- to me known to be the person described in and who executed the foregoing instrument, and acknowl -dged that he executed the same as his free act and deed. t� y 7 i L My commission expires: YEA U (SEAL) i GARRET L. HUGHES MY COMMISSION EXPIRES 4m 2,2015 o Y c Ad ress 12 o of I 1 i oeo -2- i74S