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HomeMy WebLinkAbout886080RECORDATION REQUESTED BY: The Jackson State Bank & Trust West Office P.O. Box 1788 50 Buffalo Way Jackson, WY 83001 WHEN RECORDED MAIL TO: The JackSon State Bank & Trust West Office P.O. Box 1788' 50 Buffalo Way Jackson, WY 83001 SEND TAX NOTICES TO: The Jackson Slate Bank & Trust West Office P.O. Box 1788 50 Buffalo Way Jackson, WY 83001 886080 ~ .... 506 PR PA~E* ~"~ ~~ BOOK, RECEIVED LINCOLN COUNTY CLERK 02 DEC - 6 09 JEANNE WAGNER. SPACE ABOVE THIS LINE lS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE THIS MODIFICATION OF MORTGAGE dated November 4, 2002, Is made and executed between Barlow-Caessr enterprises, Inc., a Wyoming Corporation, whose address Is P.O. Box 1176, Jackson, WY 83001-1176 (referred 'to below as "Grantor") and The Jackson State Bank & Trust, whose addresB Is P.O. Box 1788, 50 Buffalo Way, Jackson, WY 83001 (referred to below as "Lender"). MORTGAGE. Lender and Grantor have entered Into a Mortgage dated August 15, 1996 (the ".Mortgage") which has been recorded in Lincoln County, State of Wyoming, as follows: Mortgage executed by Barlow-Caessr Enterprises, Incorporated, Recorded on A~gust 19, 1~9. 6, 824980 bk 387 pg 177 Lincoln County, Wyoming to the Jackson State Bank & Trust. Mortgage extension and modification rc~co~led October 4, 1999, 861807 bk 436 pg 545 Lincoln County, Wyoming to the Jackson State Bank & Trust. Mortgage extension recorded January 3, 2000, 863446 bk 440 pg 061 Lincoln COunty, Wyoming to the Jackson State Bank & Trust. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located In Lincoln County, State of Wyoming: Lot 612 C of Lake V!ew Estates Incorporated, Tracts A-F, Lincoln County, Wyoming as described on the official plat thereof. The Real Property or its address is commonly known as 114750 South Highway 89, Alpine, WY 83128. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: .Modification of mortgage to extend the maturity date to November 15, 2009. CONTI.NUING VALIDITY. Except as expressly modified above, the terms of the original Mortgage shall rematn 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 mak'e any future modifications. Nothing in this Modification shall constitute a satisfaction of tho 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 endmser, Including accommodation makers, shall not be released by virtue .of this Modification. If any person who signed the original Mortgage doss 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 extenslon 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 NOVEMBER 4, 2002. GRANTOR: ow. . ' ' BARL N~/~P~, I~, A WYOMING CORPORATION · beE. L. Barlow, President of Barlow-Caesar ' enterprises, Inc., a Wyomlng Corporation LENDER: Authorized Signer CORPORATE ACKNOWLEDGMENT ) SS _ _ _itl fl _u~/_ 4, 2003 COUNTY OF , ~/~--~/~1 ) '- ' ~.- ,, dersl~nod Notaw Pub c. personal~ appeared R~ert L. Barlow, President of Barlow-Ca~ar enterprise, Inc., a Wyom~n~¢orporatlon, and known t~me to be an au~or~z~ ag~t of ,.the corporation that executed the Modification of Modgage and acknowl~g~ the Modi~cation to ~ the free and VD untaw act end deed of the "dorporatlon, by author[~ of its Bylaws or by resolution of its board of dir~tors, for the uses~nd pur~ses ~erein mentlon~, and on oath stated ~at he or sh~auth~zed to ex,ute Jhls Modification and I, fact executed the M~ir~ati~ o~ be~lf of the co~raflon. ,o .ry,ub,. for t,. St=t. of4 /. O~O.q~O MODIFICATION OF MORTGAGE Loan No: 31371M-2 E-3 (Continued) Page 2 LENDER ACKNOWLEDGMENT IaU u~.~d~l~,~l ) l! Countyof J~l!~'~ S~teof {{ STATE OF On this ~' ~[~~~ 20 O ~ , before me, tho undersigned Nota~ Public, personally appeared _ _ _ ~. and known to me to be the ~1~ ~EI~ authorized agent for the Lender that executed the w~thin and forgoing instrument and acknowledg~ said instrument to be ~e free and volun~ act and deed of the said Lender, duly authoriz~ by the Lender through its ~ard of dir~tors or othe~lse, for the uses and pu~oses therein mentionS, and on oath stat~ that he or she is authorized to execute this said instrument and that the seal affix~ is the cor~rate seal of said Lender. By ~ ~~- R~ldlngat .~~ ~'T~r~ ~[~ ~ ~ Notary Public In and for the State of ~o.~ ~'[~ My commission explr~ ~ 1~7-~ ~