HomeMy WebLinkAbout903856RECORDATION REQUESTED BY:
ZIONS FIRST NATIONAL BANK
RANDOLPH BRANCH
125 NORTH MAIN
RANDOLPH, UT 64064
WHEN RECORDED MAIL TO:
Zions First National Bank
Loan Servicing Group - UT RDWG 0187
2460 South 3270 West
West Valley City. UT 84119
903856
RECEIVED
LINOOLN COUNTY CLERK
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONI Y
MODIFICATION OF MORTGAGE
*000000000000009002074009282004'
THIS MODIFICATION OF MORTGAGE dated September 28, 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 September 3, 2002 (the "Mortgage") which has been recorded in
LINCOLN County, State of Wyoming, as follows:
A MORTGAGE DATED SEPTEMBER 3, 2002, AND RECORDED ON SEPTEMBER 10, 2002, AS ENTRY No. 883924 IN BOOK 498
BEGINNING AT PAGE 711 OF THE LINCOLN COUNTY RECORDER, STATE OF WYOMING. ..-.-----
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 6th 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, COKEVILLE, WY 83114. The Real Property tax identification
number is 24190810100300 & 241908101003300
MODIFICATION. Lender and Grantor hereby modify lhe Mortgage as follows:
THE MATRITY DATE IS HEREBY EXTENDED FROM OCTOBER 25, 2006 TO SEPTEMBER 25, 2009.
READVANCEMENT OF $13,053.23 IN NEW FUNDS INCREASING THE CURRENT PRINCIPAL BALANCE FROM $6,946.77 TO A NEW
PRINCIPAL AMOUNT OF $20,000.00.
CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Morlgage shall remain unchanged and in full force and
effect and are legally valid, binding, and enforceable in accordance with their respective lerms. 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 28, 2004.
GRANTOR:
LOT'S FAMILY TRUST~98
Loan No: 9002
MODIFICATION OF MORTGAGE
(Continued)
Page 2
LENDER:
Aut~d~r
TRUST ACKNOWLEDGMENT
0304
//
STATE OF ~'L.~7"'~/~"/- )
COUNTY OF )
On this day of .,.~.~'~' 20 r7Z/ ,before me, the undersigned No~ Public, personally
appeared ~V LOR, of LO~S FAMILY~RUST DATED APRIL 7, 1~98, a~d kaown to me to be an authorized ~ustee or agent of the
trust that executed the M~ifi~tion of Mortgage and a~nowledged ~e M~ifi~tion to be the free and voluntary act and deed of the trust by
au~ority~dh in the trust d~ments o[,~.authori~ of s~tute, for the uses and purposes therein mentioned, and on oath stated that h; or
she i~th~ed to execute t~ifi~.~ifl fac{ execute~the M~Jfi~tion on behalf of the tru~
By~~~ ~~ Residinga,
Nota~ Public in and for the State of
My commission e~pif[~ NOTARy
J/:~ Pennle G HutchinSon ~
LENDER ~ 3 rA'I'E 9~ UTAH
ACKNOWLEDGM EN~ ~2~,. ~a, ~oo~'
COUN~ OF )
~n this . ~ day of ~' 20 ~J[/ before me ~e unHersigned Nota~ Public personally
ppeared ~~ ~ ~.~~'~j I and kn~n to me to b~ the ~T ~J~ ~~
, authorized agent for the Lender that executed the within and foregoing i~strument and
acknowledged said insffument to be ~e free an~ volun~ act and deed of the said Lender, duly authorized by the Lender through its board of
director~the~ise, for the use~ an~r~ses therein mentioned, and on oath stated that he or she is authorized to execute ~is said
instr~ that the se~l affix~ t~~~
....... ~ NOTARY PUBLIC
~~ P~nni~ ~. Hut~hinaon
I
STATE OF UTAli