The URL can be used to link to this page

Home My WebLink About89383803018468 RECORDATION REQUESTED BY: First Bank of Idaho fsb First Bank of Idaho, fsb 111 Main Street P.O Box 3239 r "* Ketchum, ID 83340 WHEN RECORDED MAIL To: First Bank of Idaho fsb First Bank of Idaho', fsb 111 Main Street P.O Box 3239 Ketchum, ID 83340 893838 RECEIVED LINCOLN COUNTY CLERK 03 gFP 25 9:k9 SEND TAX NOTICES TO: First Bank of Idaho fsb First Bank of Idaho, fsb. 111Main Street P.O Box 3239 Ketchum, ID 83340 SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY MODIFICATION OF MORTGAGE THIS MODIFICATION. OF MORTGAGE dated September 19, 2003, is made and executed between Clay W. Seals and Lori R. Seals, husband and wife {referred to below as "Grantor") and First Bank of Idaho fsb , whose address is 1 1 1Main Street, P.O Box. 3239, Ketchum, ID 83340 Ireferred to below as "Lender"). MORTGAGE Lender and Grantor have entered int° a Mortgage dated January 10, 2002 (the "Mortgage") which has been recorded in Lincoln County, State of Wyoming. as follows: Mortgage number 878567, recorded in the Lincoln County Clerk on January 1S, 2002. Book number 481, page 366. REAL PROPERTY DESCRIPTION. The Mortgage covers the following described real property located in Lincoln County, State of Wyoming: Parcel 1: Lot 39 of Nordic Ranches Division No. 3, Lincoln County, Wyoming, According to that plat filed April 6, 1993 as Plat No. 311-B. Parcel 2, Lot 31 Nordic Ranches Division No. 3, Lincoln County, Wyoming, according to that plat filed April 6, 1993 as Plat No. 311-B. The Real Property or its address is commonly known as 17 Wheatridge Lane, Etna, WY 83118. MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows: Increase maximum credit amount from'S30,000.00 to $65,000.00. CONTINUING VALIDITY. Except as expr'essly 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 SEPTEMBER 19, 2003. GRANTOR: LENDER: ~ x Lor~'R. ,~eals ' ' -- COUNTY OF INDIVIDUAL ACKNOWLEDGMENT } SS ! On this day before me, the undersigned Notary Public, personally appeared Clay W. Seals and Lori R. Seals, 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 me~,~o~;~. Given under my hand and officiaL,~l this / '7' day of ~~ ~/-' . 20 ~) '-~. Notary Public in and for the State of /.~;~ ¢I,U % My commission expires ~ - /3- ~.-~"-- IVlODIFICAThJ;'~:UF MIORTGAGE Loan No: 494001191 (Continued) Page 2 ~,LJ~/ ~_~ LENDER ACK~OWLED~ STATE OF ,ss CO.NT, or - On this / ~ ~ ~ -- day of '~[~ ~'~ , 20 ~ ~ , before me, the undersigned Notary Public, personally appeared ~ ~ ~ ~ · and known to' me to be the authorized agent for the Lenaer that executed the within and foregoing instrument and acknowledged said instrument to be the free an~ voluntary act and deed of the said Lender,' ~u y authorized by the Lender through its board of directors or otherwise, for the uses and purposes ofthereinsaid Lender,menti°ned' and on oath stated that he or she is authorized to execute this said instrument and that the seal affixed is the corporate seal Notary Public in and for the State of ~ ~ My commission expires --