HomeMy WebLinkAbout897185RECORDATION REQUESTED BY:
ZIONS FIRST NATIONAL BANK
RANDOLPH BRANCH
125 NORTH MAIN
RANDOLPH, UT 84064
WHEN RECORDED MAIL TO:
Zions First National Bank
Loan Servicing Group - UT RDWG 0187
2460 South 3270 West
West Valley City, UT 84119
897185
RECEIVED
· LINCOLN ¢.,O[.tH'TY CLERK
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLy
MODIFICATION OF MORTGAGE
'000000000000009002074001222004' ~
THIS MODIFICATION OF MORTGAGE dated January 22, 2004, is made and executed between LOT'S FAMILY
TRUST DATED APRIL 7, 1998 (referred to below as "Grantor") and ZIONS FIRST NATIONAL BANK, whose
address is 125 NORTH MAIN, RANDOLPH, UT 84064 (referred to below as "Lender"),
MORTGAGE. Lender and Grantor have entered into a Mortgage dated January 22, 2004 (the "Mortgage") which has been recorded in LINCOLN
County, State of Wyoming, as follows:
RECORDED SEPTEMBER 10, 2002 AS INSTRUMENT NO. 883924 IN BOOK 498 AT PAGE 711.
REAL PROPERTY DESCRIPTION, The Mortgage covers the following described real property located in LINCOLN County, State of Wyoming:
_ THAT PART OF TRACT 82, TOWNSHIP 24 NORTH, RANGE 119 WEST OF THE SIXTH PRINCIPAL MERIDIAN, LINCOLN COUNTY,
WYOMING, LYING, BEING AND SITUATE EAST OF THE RIGHT OF WAY OF UNITED STATES HIGHWAY 30 NORTH, AND MORE
PARTICULARLY DESCRIBED AS FOLLOWS, TO-WIT: COMMENCING AT THE NORTHEAST CORNER OF SAID TRACT 82, THENCE WEST
260 FEET TO THE POINT OF BEGINNING, THENCE EAST 260 FEET; THENCE SOUTH 700 FEET; THENCE IN A NORTHWESTERLY
· DIRECTION TO SAID POINT OF BEGINNING, A DISTANCE OF APPROXIMAGTELY 800 FEET, BEING A TRIANGULAR PIECE OF LAND
<~.The Real Property or its address is commonly known as 10963 HIGHWAY 30, COKEVlLLE, WY 83114. The Real Property tax identification
number is 24190810100300, 241908101003300
MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows:
THE MATURITY DATE IS HEREBY EXTENDED FROM AUGUST 26, 2005 TO OCTOBER 25, 2006.
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 JANUARY 22, 2004.
GRANTOR:
LOT'S FAMILY~TRUST
LA OY O. ~¢¢~'L'-OR, Truste~f LOT'S FAMILY
TRUST
Loan No: 9002
MODIFICATION OF MORTGAGE
(Continued)
...... oXo
Page 2
Aut~Signer
TRUST ACKNOWLEDGMENT
STATE OF J .,.~,~t)~,;.x. ADAM C JENSEN
,,,,~. o, -~,~....NOTARY PUBLIC
l. ) SS {= ~ 125 N Main, PO Box 56
COUNTY OF ~"~' ' ~,~.~ Raedolph, Ulah 84064
~~, My Commission Expires
~,,,,,, December 20, 2006
day of , 20 ~ , before me, the undersigned Notary Public, personally
appeared LAVOY O. TAYLOR, Trustee of LOT TRUST , and known to me to be an authorized trustee or agent of ~he trust that
executed the M~fication of Mortgage and acknowledged the Modification to be the free and voluntary act and deed of the trust, by authority
set forth in th~us~cuments or, by authority of statute, for the uses and purposes therein mentioned, and on oath stated that he or she is
authori~~his Modification and in fact executed the Modification on behalf of the trust.
By ~5~~~~ ' Residing at ~~ ~
O~C .~t
N in and for the State of /~ My commission expires ()-2~ ~ '
LENDER ACKNOWLEDGMENT
STATE OF ]
COUNTY OF }
~-~ day of
On this ~ 20 ~)/1/' before me_~ t.he undersigned Notary Public, personally
appeared ,z~') .~ ~_~ .,,4L.~-,~--X] c/ and known,to me to b~ the
authorized agent for the Lender that executed the within and foregoing instrument and acknowledged said instrument to be the free an~
voluntary act and deed of the said Lender, duly authorized by the Lender through its beard of directors or otherwise, for the uses and purposes
therein~ioned, and on oa~ stated t~t he or she s authorized to execute this said instrument and that the seal affixed is the corporate seal
Of S. _' ..... ~ . .
/ L~. I.~~ Pennle O. Huichlnson I
Notary Public in and for the State of ~ I t~t ~= I~/ ~and0lph. Um.~ ~J ' I (~~ ~mis=ia~
m~%~'y Commission Expires I ·
I ~ O~o..,~., ~00. I