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HomeMy WebLinkAbout871064This clocume ng recorded by Sotzthwes:. :ttte; Company as a courtesy only. Loan No. LOAN 4027142 Property Address: 357 EAST 4TH AVENUE AFTON, WY 83110 This Agreement is dated JANUARY 25 that real property "the Property described in the Deed of Trust, Mortgage or Deed to Secure Debt "Mortgage") dated APRIL 26 LINCOLN COUNTY 433 1999 filed on APRIL 30 1999 Instrument No. 858311 hti Countrywidee 871 ©64 ASSUMPTION AGREEMENT WITH RELEASE OF LIABILITY State of WYOMING BARTLOW B BARGE, SR. AND ROBERTA J BARGE, HUSBAND AND WIFE "Borrower /Seller in favor of FIRST CITY FINANCIAL CORP. "Lender dated APRIL 26 Property. FHA /VA /CONY Assumption Agreement with Release of Liability 2C3551US (08/98) 2 3 9 9 1* a 2001 The undersigned "Purchaser has purchased or desires to purchase 1999 in the principal sum of 76 534.00 Page 1 of 2 RECEIVED LINCOLN COUNTY CLERK 0 i JAN 31 P11 2: 21 JEANNE WAGNER KEMMERER.. WYOMING BOOK4S".� PR PAGE 8 5 5 in the Recorder's Office of in Book 429 "Note Page No. Said Mortgage secures the payment of the Promissory Note entered into by As part of the purchase price for the Property, Purchaser has agreed to assume and pay the indebtedness evidenced by the Note, the present unpaid principal balance of which is 75,207.33 Borrower /Seller hereby assigns transfers to Purchaser all right, title and interest to all monies held on hand or forthcoming in the escrow account maintained by Lender for the periodic payment of real estate taxes, insurance premiums, and other applicable charges. In the event any refund is received of monies previously paid from said escrow account, the refund will be redeposited into the account. It is hereby agreed that the present balance of the account is 549.66 In consideration of Lender's consent to the transfer of the Property to Purchaser, Purchaser hereby assumes and agrees to pay the indebtedness evidenced by the Note and to be bound by and to perform all the terms, conditions, and covenants of the Note, Mortgage, and any addenda thereto at the time and in the manner provided therein. The terms, conditions and covenants of said Note, Mortgage and addenda thereto shall remain in full force and effect without change. Lender hereby waives its right to exercise the option to accelerate the debt with respect to this sale or transfer of the Property to Purchaser as contained in the Mortgage, and pursuant to said Mortgage, releases Borrower /Seller from all obligations under said Mortgage, the Note, and all addenda thereto. This waiver is made solely for the benefit of Purchaser and is not a waiver by Lender of any rights under said Mortgage, the Note, and all addenda thereto, in the event of any subsequent sale or transfer of the 1);P /11A— 'gBe R Initials: 0 0 4 0 2 7 1 4 2 0 0 0 0 0 2 C 3 5 5* LOAN 4027142 o er/Seller Borrower /Seller PurcKaser Purchaser On January 25, 2001 State of Wyomi County of Lincoln Signatur State of WYOMING 0871,0L4 ROBER COUNTY OF LARAMIE B BAR SR. q, ,4r, Fy ,-4 ..i4.4, 4 j GE GERALD D MCFERSON Forwarding address of Borrower /Seller 3521 McComb Ave. Cheyenne, WY 82001 Mailing address of Purchaser PO Box 1313, Afton Wyoming 83110 State of3XIIITAYAK Wyoming County of L incoln Name (typed or printed) Laur McKee Signature Name (typed or printed) CORETTA RUSSELL FHA /VA /CONV Assumption Agreement with Release of Liability 2C3552US (08/98) 0 J t? CASE WY5910852687703 COUNTRYWIDE HOME LOANS, INC. By: /2/- ti PAIGE A DDIN RA NCH MANAGER before me, Laurie McKee— Gerald D. McFerson and Bartlow B. Barge, Jr. as Attorney in Fact for Bartlow B. Barge, Sr. and Roberta J. Barge personally known to me (or proved to me on the basis of satisfactory evidence) 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 signature(s) on the instrument the person(s) or the entity upon behalf o w the person(s) acted, exec r ted the instrument. Witness my hand and of r McKEE NOTARY PUBLIC ;j E M� (This area for officia otarla seal) ArAlLaW' (Seal) COUNTY OF i STATE of LINCOLN WYOMING I- II- On January 25 2001 before me, the undersigned, personally appeared Gerald D. McFerson and Bartlow B. Barge, Jr. as Atty in Fact for Bartlow B. Barge, Sr. and Roberta J. Barge known to me (or proved on the basis of satisfactory evidence) to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that t hey executed the same. On JANUARY 25 2001 before me, the undersigned, personally appeared PAIGE A HEDDINS known to me (or proved on the basis of satisfactory evidence) to be the person(s) whose name(s) is /are subscribed to the within instrument and ac nowledged to me that e executed the same. Page 2 of 2 personally appeared IMO MY C MI SION E PIRES APR. 21, 2004