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HomeMy WebLinkAbout977164RECORDATION 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 MODIFICA N OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated 9,9e/, is made and executed between JAMES STEVENSON and JOSANNE STEVENSON (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 MO AGE. 1:e der and Grantor have entered into a Mortgage dated May 4, 2009 (the "Mortgage which has been recorded in County, State of Wyoming, as follows: MAY 19, 2009, RECEIVING NUMBER 947259, BOOK 723, PAGE 296, IN THE LINCOLN COUNTY CLERK; EMMERER Y. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in i e"..) 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 7 B STREET, BEDFORD, WY 83112. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: AS OF TODAYS DATE WE ARE EXTENDING THE MATURITY DATE FROM MAY 15, 2014 TO MAY 15, 2026 AND DECREASE THE RATE FROM 8.000% TO 5.500 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 PROF- IONS OF T 5 MODIFIC OF MORTGAGE AND GRANTOR AGREES TO ITS TERMS. THIS MODIFICATION OF MORTGAGE IS DATED s GRANTOR: LENDER: 1ST BANK, (VISION OF GLACIER BANK RETTA WEBB, Loan Officer 977164 6/2 6/2 014 10:18 AM LINCOLN COUNTY FEES: $15.00 PAGE 1 BOOK: 834 PAGE: 677 MTG, MODIFICATION OF OF JEANNE WAGNER, LINCOLN COUNTY CLERK 1111111! 1111 1111111111 11 1 /1111 11111111!!1111 /11111 111!! 1111 /1111111111111 /L ANNE STEVENSO 2 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY Loan No: 764005512 State of Texas County of 1Bf 4ZO S This instrument was acknowledged before me on OW I aoii-4 (date) by JAMES STEVENSON and JOSANNE STEVENSON. State of County of This instrument was acknowledged before me on YLONDA YVE TE WIGGINS NOTARY PUBLIC STATE OF TEXAS MY COMM. EN! 12/15/2014 JAMES ROBINSON COUNTY OF LINCOLN NOTARY PUBLIC STATE OF WYOMING MY COMMISSION EXPIRES OCTOBER 19, 2015 MODIFICATIOn vr' MORTGAGE (Continued) INDIVIDUAL ACKNOWLEDGMENT LENDER ACKNOWLEDGMENT My commission expires: bee, 15, a O I L" `1 date by (Notarial Signature) My commission expires ek 1 ti 1 Y 1 Page 2 LASER PRO Lending, Ver. 14.2.0.021 Copr. D +H USA Corporation 1997, 2014. All Rights Reserved. WY G: \dist \FB \CFI \LPL \G201.FC TR -28176 PR -700