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HomeMy WebLinkAbout902402 0~- ~e ,~E.~,E I ,.',..D This AssiZes[ is ~ade t~s ¢~ ~ day o~ ~ , 200~ by ~xtre~e Const~cfion, ~c., a Wyo~in~ co~po~ation, as ~ssi~no~, to A. ~u~ton., as Assignee. W~AS, Assi~or ~s t~e Mo~f~a~o~ unde~ [~at Mortgage instrument be~een ~xtre~e Construction, ~nc., a Wyo~fn~ co~porafion as Mortgagor ~d ~reedo~, L.L.C., a Wyo~ l~ted ~abf~ company, as Morf~a~ee ~or a ~ort~a~e ~ t~e a~ount o~ $2~,500.00 encumbe~in~ t~e ~oHowin~ described property, namely; Lot 202 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 No. 383 & 383-A. which mortgage was filed on June 28, 2004 in the office of the Lincoln County Clerk in Book 560 at page 30; and WHEREAS Assignor now desires to assign unto Assignee all duties and obligations in the Mortgage and corresponding Promissory Note, and Assignee desires to assume the same. NOW THEREFORE, in consideration of the recitals and of the agreements hereinafter contained, the parties agree as follows: 1. Assignor does hereby assign to Assignee all of its duties and obligations under the Mortgage and Promissory Note. 2. Assignee accepts this assignment of the Mortgage and Promissory Note together with the duties and obligations thereunder which Assignee agrees to assume and timely perform. IN WITNESS WHEREOF, Assignor and Assignee have set their hand the day and year first above written. ASSIGNOR: ASSIGNEE: ExO Co,~struct'f~, In~ Wyoming coition: ~ Robert A. Fulton STATE OF WYOMING ) ) COUNTY OF .) oing, instrument was acknowledged before me this c~77 day of 2004 by James K. Norton as President of Extreme Constrdl:tion, Inc. WITNESS my hand and official seal. Notary Public My Commission Expires: STATE OF WYOMING ) ) COUNTY OF k~.ff, O'v3 ) oing, instrument was acknowledged before me this c27---m.day of 2004 by Robert A. Fulton. WITNESS my hand and official seal. Notary Public / My Commission Expires: ~ -/~_~- t9-7 CONSENT TO ASSIGNMENT Freedom, L.L.C., a Wyoming limited liability company, does hereby consent to the assignment and assumption of the Mortgage and Promissory Note on the condition that Assignee has accepted and shall be fully bound to comply with all requirements and obligations of Extreme Construction, Inc. in said Promissory Note and Mortgage and upon the condition that Assignee by acceptance of the Assignment has acknowledged that this Consent To Assignment shall not constitute a waiver of any term or condition of the 2 Promissory Note and Mortgage, specifically, including the requirement for consent to any further assignments or conveyances of the subject property and Assignee agrees to be responsible for any defaults or violations under the Promissory Note and Mortgage. Freedom, L.L.C. hereby releases Extreme Construction, Inc. from all duties and obligations under the Promissory Note and Mortgage. Notwithstanding, Freedom, L.L.C. shall notify Extreme Construction, Inc. of any default by Robert A. Fulton under the Mortgage and Promissory Note. All other terms and conditions contained within the Promissory Note and Mortgage not in conflict herewith are deemed to survive and be of full force and effect. DATED this ~ '7 2~ day of ~' , 2004. Freedom, L.L.C., a Wyoming limited Sc~"(t Sheph~rc~/Manager ' /7~:~44~~ STATE OF WYOMING COUNTY OF of ) ~mg, instrument was acknowledged before me this ~ 2004 by Scott Shepherd as Manager of Freedorn7 L-~.C. WITNESS my hand and official seal. day Notary Public My Commission Expires: 9-/~-07 3