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HomeMy WebLinkAbout973986THE STATE OF WYOMING COUNTY OF LINCOLN RELEASE OF SECURITY AGREEMENT AND COLLATERAL ASSIGNMENT the aforesaid Security Agreement and Collateral Assignment. RECEIVED 11/1/2013 at 3:16 PM RECEIVING 973986 BOOK: 823 PAGE: 508 JEANNE WAGNER LINCOLN COUNTY CLERK. KEMMERER. WY 0508 In consideration of $10.00 and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the undersigned, as transferee under a certain Loan and Security Agreement dated May 6, 2005, and Collateral Assignment dated June 17, 2008 from SOUTHWEST GUARANTY PARTNERS, LLC to WELLS FARGO FOOTHILL, INC., duly recorded in the Official Public Records of Real Property of Lincoln County, Wyoming, under Receiving No. 939953, Book 698, Page 17; does hereby reassign to said SOUTHWEST GUARANTY PARTNERS, LLC without recourse, warranty or guaranty, express or implied, the following described note and the liens securing the same: That one certain Promissory Note in the original principal sum of $2,100,000 dated June 16, 2008 executed by ROCKY MOUNTAIN ROGUES, INC., and payable to the order of SOUTHWEST GUARANTY, LTD., secured by, among other things, a Mortgage, Deed of Trust, Security Agreement and Assignment of Leases of even date therewith to A. KELLY WILLIAMS, Trustee, and an Assignment of Leases and Rents of even date therewith covering and describing that certain property in LINCOLN COUNTY, WYOMING, described on Exhibit "A" attached hereto and incorporated herein by reference for any and all purposes; and does hereby release and relinquish the above described note and liens securing the same from EXECUTED this -12 day of September, 2013 but EFFECTIVE July 11, 2008. THE STATE OF TEXAS COUNTY OF DALLAS by ,e,17 1% DEANIE RENOUF 6% Notary Public, }P State of Texas 4 iiTi; Comm. Exp. 05 WELLS FARGO CAPITAL FINANCE, LLC (Successor in merger to Wells Fargo Capital Finance, Inc., formerly known as Wells Fargo Foothill, Inc.) BY: <�Z�' 4/t/ NAME: 7724n; �4rrVg )S TITLE: V. YI his instrumen was acknowledged before me on the -5 day of September, 2013, Li of WELLS FARGO CAPITAL FINANCE, LLC, on behalf of said bank. NOTARY PUBLIC, STATE OF TEXA 2 7 0509 EXHIBIT "A" LEGAL DESCRIPTION Part of Lot 610C of Lakeview Estates Incorporated, Tracts A -F, LINCOLN County, Wyoming, on January 5, 1965, as Receiving No. 386448, as Plat No. 157, more particularly described as follows: Beginning at a point which is S29 °05'W, 772.00 feet from the Northwest corner of SPA, Section 29, T37N, R118W of the 6 PM, LINCOLN County, Wyoming and running thence S63 °W, 205.00 feet; then N27 °W, 211.3 feet to right of way of U.S. Highway 89, thence Northeast along right of way U.S. Highway 89 around curve thereof to a point which is N27 °W, 231.6 feet from beginning point; thence N27 °E, 231.6 feet to the point of beginning. 0510