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Home My WebLink About907179 RECEIVED 3/22/2005 at 1:47 PM RECEIVING # 907179 BOOK: 581 PAGE: 271 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY ........................................ [Space Above This Line For Recording Data] ....................................... Chase Manhattan Mortgage Corporation 3415 Vision Drive Columbus, OH 43219-6009 · Attn: Balloon Department: AB April Billue, BallOn Loan Representative CMMC #4800110489 II/]tett Recorded Retttr~t To: First American Title Company ~/X~.. P.O. Box 27670 Santa Aha, CA 92799 Attn: Speci:d Default Services Division BALLOON LOAN MODIFICATION TillS LOAN IS PAYABLE IN FULL AT MATURITY. YOU MUST REPAY THE ENTIRE PRINCIPAL BALANCE OF THE LOAN AND UNPAID INTEREST THEN DUE. THE LENDER IS UNDER NO OBLIGATION TO REFINANCE THE LOAN AT THAT TIME. YOU WILL, THEREFORE, BE REQUIRED TO MAKE PAYMENT OUT OF OTHER ASSETS THAT YOU MAY O~rN, OR YOU WILL HAVE TO FIND A LENDER, WHICH MAY BE THE LENDER YOU HAVE THIS LOAN WITH, WILLING TO LEND YOU THE MONEY. IF YOU REFINANCE THIS LOAN AT MATURITY, YOU MAY HAVE TO PAY SOME OR ALL OF THE CLOSING COSTS NORMALLY ASSOCIATED WITH A NEW LOAN EVEN IF YOU OBTAIN REFINANCING FROM THE SAME LENDER. THIS MODIFICATION IS TO BE EXECUTED IN DUPLICATE ORIGINALS: ONE ORIGINAL IS TO BE FILED WITH THE BALLOON NOTE AND ONE ORIGINAL IS TO BE RECOILDED IN THE LAND RECORDS WHERE THE SECURITY INSTRUMENT IS RECORDED This Balloon Loan Modification ("Modification"), made November 30, 2004, between Shelley Irene Berry ("Borrower"), and JPMorgan Chase Bank, N.A. ("Lender"), amends and supplements (1) the Mortgage, Deed of Trust or Deed to Secure Debt (the "Security Instrument") dated September 9, 2002, securing the original principal suni of U.S. $32,300.00, and recorded on September 12, 2002, in Document No. 884015, Book 49.~8. Page 871, in the Official Records of Lincoln County, Wyoming and (2) the Balloon Note bearing the same date as, and secured by, the Security Instrument, (the "Note") which covers the real and personal property described in the Security Instrument and defined in the- Security Instrument as the "Property", located at Off of Lincoln County Road 123, Bedford, Wyoming 83112, the real property described being set forth as follows: A TRACT OF LAND IN THE NW 1/4 SW 1/4 OF SECTION 11, T33N Rll8W OF THE 6TH P.M., LINCOLN COUNTY, WYOMING BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF TIlE NW1/4SW1/4 OF THE SAID SECTION 11, THENCE SOUTH 16 RODS, THENCE EAST 20 RODS, THENCE NORTH 16 RODS, TItENCE WEST 20 RODS TO THE POINT OF BEGINNING. Parcel 1133181130029400 MULTISTATE BALLOON LOAN MODIFICATION-Single Family--Freddie Mac UNIFORM INSTRUMENT Fomz 3293 (3/99) To evidence the election by the Borrower of the Conditional Modification and Extension of Loan Terms to modify the terms of the Note and Security Instrument in accordance with such election, Borrower and Lender agree as follows (notwithstanding anything to the contrary contained in the Note or Security Instrument): The Borrower is the owner of the Property. As of October 1, 2004, the amount payable under the Note and Security Instrument (the "Unpaid Principal Balance") is U.S. $29,606.24. The Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of the Lender. Interest will be charged on the Unpaid Principal Balance at the yearly rate of 6.00%, beginning October 1, 2004. The Borrower will make payments every month beginning on November 1, 2004. The Borrower will continue to make payments on the same day of each succeeding month until principal and interest are paid in full. The monthly payments will be applied to interest before principal. If on October 1, 2005 (the "MOdified Maturity Date"), the Borrower still owes amounts under the Note and the Security Instrument, as amended by this modification, the Borrower will pay these amounts in full on the Modified Maturity Date. The monthly payment to be paid by the Borrower will be in the amount of U.S. $148.03. The Borrower will make such payments at 3415 Vision Drive, Columbus, Ohio 43219-6009 or at such other place as the Lender may require. The Borrower has the fight to make payments of principal at any time before they are due. A payment of principal only is known as a "Prepayment". When the Borrower makes a Prepayment, the Borrower will inform the Note Holder in writing that they are doing so. The Borrower may make a Prepayment without paying any Prepayment charge. The Note Holder will use all of the Prepayments to reduce the amount of principal that the Borrower owes under the Note as amended by this modification agreement. If the Borrower makes a partial Prepayment, there will be no changes in the due date or in the amount of my monthly payment unless the Note Holder agrees in writing to those changes. The Borrower will comply with all other covenants, agreements, and requirements of the Note and the Security Instrument, including without limitation, the Borrower's covenants and agreements to make all payments of taxes, insurance premiums, assessments, escrow items, impounds, and all other payments that the Borrower is obligated to make under the Security Instrument; as of the maturity date of the Note. Nothing in this Modification shall be understood or construed to be a satisfaction or release in whole or in part of the Note and Security instrument. Except as otherwise specifically provided in this Modification, the Note and Security Instrument will remain unchanged and in full effect, and the Borrower and Lender will be bound by, and will comply with, all of the terms and provisions thereof, as amended by this Modification. MULTISTATE BALLOON LOAN MODIFICATION--Single Family--Freddie N, lac UNIFORM INSTRUMENT Fonn 3293 (3/99) To be signed by ali borrowers, endorsers, guarantors, sureties, and other parties signing the Balloon Note] /'~,~~ '~e'"~~-~-l~~ /'/~'/~K,,' ? (SEAL) SIGNATURE) / Shelley Irene Be~3~ '~'-BORROWER (WITNESS Witness Name (Printed/Typed) (WITNESS SIGNATURE) Witness Name (Printed/Typed) (SEAL) -BORROWER ............... [Space Below This Line for Acknowledgment in Accordance with Laws of Jurisdiction] ........... (Individual Acknowledgment) ~'Y'/, before me a Notary known to me (or satisfactorily proven) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that her/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. A ,IN WITNESS WHEREOF, I have hereunto set my hand and"~ficial seal. (Not[lry Public) My Commission expires: (Seal) MULTISTATE BALLOON LOAN MODIFICATION--Single Family--Freddie Mac UNIFORM INSTRUMENT Form 3293 (3/99) JPMorgan Chase Bank, N.A. CMMC #4800110489 By: Jam~ Christman, Assistant Vice President .................................... Space Below This Line For Acknowledgment ............................... State of Ohio } County of Franklin } This instrument was acknowledged before me this 10th day of December 2004, by Assistant Vice President, James Christman of JPMorgan Chase Bank, N.A., on behalf of same. IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND OFFICIAL SEAL. Notary~ublic MULTISTATE BALLOON LOAN MODIFICATION--Single Family--Freddie Mac UNIFORM INSTRUMENT Form 3293 (3/99)