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HomeMy WebLinkAbout972336PARTIAL RELEASE OF REAL ESTATE MORTGAGE KNOW ALL MEN BY THESE PRESENTS, that Bank of Jackson Hole of the County of Teton and State of Wyoming, does hereby certify that a certain mortgage bearing the date, September of 28, 2013, made and executed by WJW Holdings WY, LLC, a Wyoming limited liability company, whose address is PO Box 3309, Alpine, WY 83128, and WJW Holdings, LLLP, a North Dakota Limited Liability Limited Partnership, whose address is PO Box 9199, Fargo, ND 58106, as mortgagor(s), to Bank of Jackson Hole as mortgagee, conveying certain real estate therein mentioned as security for the payment of $450,000.00 as therein stated, which mortgage was recorded in the office of the County Clerk and Ex- Officio Register of Deeds of Lincoln County, State of Wyoming, on September day of 28, 2012, in Book 795 of Photo at Page 138, the receipt whereof is hereby acknowledged, being a partial payment of the debt named therein, do hereby, by these presents, remise, release and forever discharge the said mortgage as to the real estate hereinafter described, being a portion only of the real estate herein after described, being a portion only of the real estate mortgaged therein and thereby, to wit: Tract C, Salt River Ranch, County Rd. 104, South of Alpine and Alpine Airpark Runway, Alpine, WY 83128. LEGAL DESCRIPTION Exhibit "A" It being expressly understood and agreed that this release shall not affect the said mortgage or the security thereof, in any manner or form whatsoever as to the remainder of the real estate mortgaged therein and thereby. Witness my hand this day of July, 2013 By: Bank of Jackson Hole James Mazzarisi, Vice President of Commercial Loans State of Wyoming County of Teton RECEIVED 7/30/2013 at 3:02 PM RECEIVING 972336 BOOK: 816 PAGE: 768 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY This instrument was acknowledged before me on Jul 2013, by James Mazzarisi, Vice President of Commercial Loans of Bank of Jackson Hole. DEBORAH SUPOWIT NOTARY PUBLIC COUNTY OF (Seal) STATE OF WYOMING MY COMMISSION EXPIRES AUG 30 2013 Notary Public My commission expires: 0768 Prolessional Land Surveyors PAUL N. SCHERBEL Wyo. Registration No. 164 Utah Registration No. 1670 Idaho Registration No. 3990 Nevada Registration No. 6805 SCOTT A. SCHERBEL Wyo. Registration No. 3889 Utah Registration No. 3721.11 Idaho Registration No. 8026 MARLOWE A. SCHERBEL Wyo. Registra8on No. 5368 KARL F. SCHERBEL Wyo. Registration No. 11810 Idaho Registration No. 13493 CFEDS No. 1223 Surveyor 508nrbal, LTD. Mon, Wyoming Big Piney, Wyoming Jackson. Wyoming, Lava Hot Springs, Idaho Montpelier, Idaho DESCRIPTION FOR WJW HOLDINGS WY, LLC TRACT C ADJUSTED (2) To -wit: All of Tract C Adjusted (2) as depicted on the below referenced plat; ENCOMPASSING an area of 36.22 acres, more or less; The Base Bearing for this survey is the east line of the SE'h of Section 9, T36N R119W, Lincoln County, Wyoming, being S00 04' -42 "W; TOGETHER with a right of ingress, egress and utilities over, under and across Kibbie Parkway, Granite Ridge Road, Driveway Easement C -1, Driveway Easement C -2, the Twenty (20) foot Utility Easement I, the Twenty (20) foot Utility Easement 2 and the Twenty (20) foot Utility Easement 3, all as depicted on said plat; AND TOGETHER with a right of ingress and egress over and across the Twenty (20) foot Forest Access Easement and Common Area Easement, as depicted on said plat; SUBJECT to a right of ingress, egress and utilities over, under and across the Twenty (20) foot Utility Easement 1 and Twenty (20) foot Utility Easement 3; AND RESERVING unto the Grantors, their heirs, successors and assigns a perpetual right of ingress, egress and utilities over, under, and across the Twenty (20) foot Utility Easement 1 and Twenty (20) foot Utility Easement 3, as depicted on said plat, in order to provide a perpetual access and utility easement to whatever .lands said Grantors may designate; that should the actual installed utilities be found to be in a; different location than within said Twenty (20) foot Utility Easements as shown on said plat, then the centerline of the actual installed utility will automatically become the centerline of the twenty (20) foot utility easements; RESERVING unto the Grantors, their heirs, successors and assigns a perpetual right of ingress, egress and utilities over, under, and across said Kibbie Parkway, Driveway Easement C -1, Driveway Easement C -2, Granite Ridge Road, Common Area Easement, Twenty (20) foot Forest Access Easement, as depicted on said plat, in order to provide a perpetual access and utility easements appurtenant to adjoining lands of said Grantors and to whatever lands said Grantors may designate; AND RESERVING unto the Grantors, their heirs, successors and assigns a perpetual right of ingress, egress and utilities over, under and across the cul -de -sac to be constructed on Kibbie Parkway, as depicted on that plat titled "FINAL PLAT GRANITE RIDGE PHASE to be recorded in the Office of the Clerk of Lincoln.' County, Wyoming, said cul -de -sac to be appurtenant to owners of lots within said Phase II; all in accordance with the plat of record in the Office of the Clerk of Lincoln County titled, "PLAT OF BOUNDARY ADJUSTMENT FOR WJW HOLDINGS WY, LLC WITHIN GLO LOT 2 GLQ.. 3 GLO LOT 4 SW'/ <NE'/a SE' /o SECTION 9 T36N R119W LINCOLN C�S! 41-a ING dated 15 April 2013, as revised, with Accession No. 970561. "Modification in any way of the foregoing description terminates liability of the surveyor" 0'769