HomeMy WebLinkAbout898836RECORDATION REQUESTED BY:
First Bank of Idaho, fsb, dba First Bank of the Tetons
Jackson Office
170 E. Broadway
WHEN a EC O R D'E~f M~i~,:~O.
First Bank of Idah0;~fsE;-.d~'Fi~hb'~'~f~t~T,~n
Jackson Office
170 E. Broadway
P.O. Box 12860
Jackson, WY 83002
898836
01017845
RECEIVED
LINCOL;',I COUNTY CLERK
SEND TAX NOTICES TO:
First Bank of Idaho, fsb, dba First Bank of the Tetons
Jackson Office
170 E. Broadway
P.O. Box 12860
Jackson, WY 83002
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
MODIFICATION OF MORTGAGE
THIS MODIFICATION OF MORTGAGE dated APril 26, 2004, is made and executed between Ryan Robert Ragain, a
single man (referred to below as "Grantor") and First Bank of Idaho, fsb, dba First Bank of the Tetons, whose
address is 170 E. Broadway, P.O. Box 12860, Jackson, WY 83002 (referred to below as "Lender").
MORTGAGE. Lender and Grantor have entered into a Mortgage dated June 3, 2003 (the "Mortgage") which has been recorded in Lincoln
County County, State of Wyoming, as follows:
Recorded June 12, 2003 as Document No. 890649 in Book 523 Page 527 in the Office of the Lincoln County Clerk.
REAL PROPERTY DESCRIPTION. The Mortgage covers ~he following described real property located in Lincoln County County, State of
Wyoming
Lot 208, of River Ranches Fishing and Equestrian Estates at Freedom, Wyoming, Second Filing, Lincoln County, Wyoming, according to that
plat filed March 10, 1999 as Plat Nosl 383 and 383-A
The Real Property or its addressis commonly known as 182 Freedom Lane, Etna, WY 83118. The Real Property tax identification number iS
35192210039300
MODIFICATION. Lender and Grantor hereby modify the Mortgage as follows:
Increasing loan amount from $120,000.00 to $148,500.00 and Extending the maturity date from June 3, 2004 to September 3, 2004. All
other terms and conditions remain the same.
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 ~he promissory note or other credit agreemen( secured by. the Mortgage (the
",Note"). It is the intention of Lender to retain as liable all par0es to the Mortgage and all parties, makers and endorsers ~o 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 APRIL 26, 2004.
GRANTOR:
Ryan
LENDER: ~ "-,~/ ....
FIRST BANK OF IDAHO, FSB, DBA FIRST BA,~I.K"0F THE TETONS
utl~orize¢ Signer ~
/
INDIVIDUAL ACKNOWLEDGMENT
COUNTY OF /7Y1 I
On this day before me, the undersigned Notary Public, personally appeared Ryan R. Ragain, to me known to be the individual described in and
who executed the Modification of Mortgage, and acknowledged that he or she signed the Modification as his or her free and voluntary act and
deed, for the uses and purposes therein mentioned.
My commission expires e,~r.~J/~)7
Loan No: 494008287
MODIFICATION OF MORTGAG~J~.~'~.
(Continued)
Page 2
STATE OF
COUNTY OF "~
On this
appeared
LENDER ACK~OWLEDGME~
,'ss ~7~
~¢'~;'97z'~'.1¢/~/ .T ///.1¢¢./¢' I_T~'", and known to me to be the ~¢ ~r, ~/%/r//~ ~
.... , authorized agent for the Lender that executed ~he within and ~oregoing instrument and
acknowledged said instrument tgbe the free and volbn(a¢y act and deed of the said Lender, duly authorized by the Lender through its board of
directors or otherwise, for the uses and purpos&a'thbrgin mentioned, and on oath stated that he or she is authorized to execute this said
instrum~nd that thermal affixed is the corporate seal ot said Lender.
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