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HomeMy WebLinkAbout971010RECORDATION REQUESTED BY: 1st Bank, Division of Glacier Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 WHEN RECORDED MAIL TO: 1st Bank, Division of Glacier Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine, WY 83128 SEND TAX NOTICES TO: 1st Bank, Division of Glacier Bank Alpine 79 Highway 89 P.O. Box 3110 Alpine. WY 83128 MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated MAY 9, 2013 is made and executed between DENNIS W. FOOTE, whose address is 2508 HACKER DRIVE, HENDERSON, NV 89074 (referred to below as "Grantor and 1st Bank, Division of Glacier Bank, whose address is 79 Highway 89, P.O. Box 3110, Alpine, WY 83128 (referred to below as "Lender MORTGAGE. Lender and Grantor have entered into a Mortgage dated March 25, 2010 (the "Mortgage which has been recorded in LINCOLN County, State of Wyoming, as follows: Receiving #952670 Book 744 Page 436 Received 03/25/2010 Lincoln County REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in LINCOLN County, State of Wyoming: See the exhibit or other description document which is attached to this Modification and made a part of this Modification as if fully set forth herein. The Real Property or its address is commonly known as LOT 1 ASPEN RIDGE ESTATES, ALPINE, WY 83128. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: THE INTEREST RATE IS DECREASED FROM 6.50% TO 4.50 THE MATURITY DATE IS EXTENDED FROM JANUARY 15, 2014 TO MAY 1 2020. 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 Nay 059 RECEIVED 5/16/2013 at 10:32 AM RECEIVING 971010 BOOK: 811 PAGE: 599 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY Loan No: 764005416 LENDER: 1ST BANK, DI ISIphl OF GLACIER BAN X DORE BB, Loan Officer State of County of INDIVIDUAL ACKNOWLEDGMENT This instrument was acknowledged before me on 9 .2-013 NOTARY PUBLIC STATE OF NEVADA County of Clark EARL JAMES GRAHAM No 05-100768-1 M A pointment Expires Ont. 27., 2n13 MODIFICATION OF MORTGAGE (Continued) Page 2 (date) by DENNIS W. FOOTE. al gnature) (Not My commission expires: 9:-/ Z7, 26i.3 Loan No: 764005416 State of jj0 n County of Li (160(e STOZ '61f 83801.30 S3211c1Th' ONIWO.AM N100N11 AO aLVIS .10 AiNnoo NIAdIN9 a 3ns; 60601 MODIFICATION OF MORTGAGE (Continued) Page 3 LENDER ACKNOWLEDGMENT rhis instrument was acknowledged before me on (f)d./ (date) byparC tia 1kC bb (Notarial Signature) My commission expires: LASER PRO Lending, Ver. 13.1.0.004 boor. Harland Financial Solutions, Inc. 1997, 2013. All Rights Reserved. WY G:\dist\FMCF11LPL\G201.FC TR-1741 PR 591