HomeMy WebLinkAbout970708MODIFICATION OF MORTGAGE
THIS MODIFICATION OF MORTGAGE dated 04/24/2013, is made and executed between BST HOSPITALITY LLC,
A SOUTH DAKOTA LIMITED LIABILITY COMPANY, whose address is 2018 BASIN DR, KEMMERER, WY 83101
(referred to below as "Grantor and BANKWEST, INC, whose address is 311 OMAHA ST, PO BOX 3130, RAPID
CITY, SD 57709 (referred to below as "Lender
MORTGAGE. Lender and Grantor have entered into a Mortgage dated April 13, 2012 (the "Mortgage which has been recorded in LINCOLN
County, State of Wyoming, as follows:
RECORDED IN THE OFFICE OF THE LINCOLN COUNTY CLERK, KEMMERER, WY AS RECEIVING NUMBER 964288 ON APRIL 26, 2012 AT
11:01 O'CLOCK AM IN BOOK 785 ON PAGE 250.
REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in LINCOLN County, State of Wyoming:
LOTS 1 AND 2 OF THE BST HOSPITALITY ADDITION TO THE CITY OF KEMMERER, LINCOLN COUNTY, WYOMING AS DESCRIBED ON
THE OFFICIAL PLAT FILED ON JUNE 4, 2008 AS INSTRUMENT NO. 939494 OF THE RECORDS OF THE LINCOLN COUNTY CLERK.
The Real Property or its address is commonly known as 760 HIGHWAY 189/30, KEMMERER, WY 83101.
MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows:
MORTGAGE IS HEREBY EXTENDED FOR FIVE YEARS MATURITY DATE APRIL 13, 2018.
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 04/24/2013.
GRANTOR:
BST HOSPITALITY LLC
By:
BARRY J PETERSON, Member /Manager of BST
HOSPITALITY LLC
LENDER:
BANKWEST, I
X
Authorized Signer
IN
RECEIVED 4/29/2013 at 2:17 PM
RECEIVING 970708
BOOK: 810 PAGE: 182
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
State of
County of Reffl 4✓\
This instrument was acknowledged before me on
HOSPITALITY LLC.
State of
County of ?in n Ing hrn
CHAD IV I LLE R
NOTARY PUBLIC 5
SEAL SOUTH DAKOTA �7
This instrument was acknowledged before me on `Y 423 0 l3 (date) by
NA JON COOK
NOTARY PUBLIC
State of South Dakota TN
MODIFICATION OF MORTGAGE
(Continued) Page 2
LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
LENDER ACKNOWLEDGMENT
(date) by BARRY J PETERSON, Member /Manager of BST
(Notarial Signature)
Chad Miller
My Commission Explr
My commission expires: November 10, 2015
(Notarial Signature)
My commission expires:
GEC_ itch
JONI COOK, NOTARY PUBLIC
MY COMMISSION EXPIRES.JAN. 14,. 2014
LASER PRO Lending, Ver. 12.4.10.003 Copr. Harland Financial Solutions, Inc. 1997, 2013. All Rights Reserved. WY /SD
c: \CFI \LPL \G201.FC TR -57368 PR -80