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Home My WebLink About866590RECORDATION REQUESTED BY: The Jackson State Bank P.O. Box 1788 112 Center Street Jackson, WY 83001 WHEN RECORDED MAIL TO: The Jackson State Bank P.O. Box 1788 112 Center Street Jackson, WY 83001 SEND TAX NOTICES TO: The Jackson State Bank P.O. Box 1788 112 Center Street Jackson, WY 83001 MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated June 19, 2000, is made and executed between Larry S. Vaughan and Ainslie M. Vaughan, husband and wife (referred to below as "Grantor and The Jackson State Bank, whose address is P.O. Box 1788 112 Center Street, Jackson, WY 83001 (referred to below as "Lender MORTGAGE. Lender and Grantor have entered into a Mortgage dated December 19, 1996 (the "Mortgage which has been recorded in Lincoln County, State of Wyoming, as follows: Mortgage dated December 16, 1996, from Larry S. Vaughan and Ainslie M. Vaughan, husband and wife, recorded January 17, 1997, Doc. 832046, Bk. 393 pr, Page 86, Kemmerer, Lincoln County, Wyoming, to The Jackson State Bank. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Lot 3 of the South Lake Estates Subdivision, Lincoln County, Wyoming, According to That Plat Recorded December 13, 1991 As Instrument No. 742139 in the office of the Lincoln County Clerk The Real Property or its address is commonly known as 15 Buck Lane, Alpine, WY 83128. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: The maturity on this obligation is hereby extended to December 19, 2000. 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 JUNE 19, 2000. GRANTOR: X Larry S. Vaughan, Individually LENDER: x Authorised Signer STATE OF WYOMING COUNTY OF'tfNCOtir OFFICIAL. SEAL STEPHANIE BURCKHARD NOTARY PUBLIC-ARIZONA (J MARICOPACOUNTY all. My Comm. Expires March 31, 2001 f) On this day before me, the undersigned Notary Public, personally appeared Larry S. Vaughan and Ainslie M. Vaughan, to me known to be the individuals described in and who executed the Modification of Mortgage, and acknowledged that they signed the Modification as their free and voluntary act and deed, for the uses and purposes therein mentipn Given under my hand and official seal this BYha u rCk:r� 1. b� s W ez. 6 SS Notary Public In and for the State of N y- 12_ a 866590 INDIVIDUAL ACKNOWLEDGMENT Residing at B000 PAGE 545 x L JJ 1 /14 ba, 4 \„a. Ainslie M. 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