HomeMy WebLinkAboutProperty #: C-8822 - 2/21/2014 CITY CLE K C-8822
ORIGINAL 02/21/2014
CITY OF GLENDALE, ARIZONA
MODIFICATION TO
PROMISSORY NOTE
AND DEED OF TRUST
(Agreement C-8822)
(PLEASE DO NOT REMOVE - THIS IS PART OF THE OFFICIAL DOCUMENT)
RECORDING REQUESTED BY
Lawyers Title Insurance Corporation
AND WHEN RECORDED MAIL TO:
CITY OF GLENDALE
COMMUNITY REVITALIZATION
5850 W. GLENDALE AVENUE
SUITE#107
GLENDALE,AZ 85301
ESCROW NO.: 01800960
SPACE ABOVE THIS LINE FOR RECORDER'S
USE
Modification to Promissory Note and Deed of Trust
Notice: Undersigned Borrower/Trustor is participating in federal programs pursuant
to 42 U.S.C. §5301 et seq. and/or in the Home Investment Partnership Act under 42
U.S. C. §12701 et seq. In accordance with applicable federal law, the City of
Glendale acts as the `pass-through agency"for the distribution of these federal funds.
This Modification to Promissory Note and/or Deed of Trust is structured to be compli-
ant with the above-referenced federal laws, regulations, and guidelines.
THIS AGREEMENT, made this 21st day of February 2014 by and between City of Glendale, as
Lender/Beneficiary and Marilyn M. Birk, as Borrowers/Trustors, under that certain Promissory Note and Deed
of Trust in the original principal sum of Thirty Four Thousand Two Hundred Dollars ($34,200.00) dated
January 8, 2014. The Deed of Trust securing the Promissory Note was recorded in the Office of the County
Recorder of Maricopa County, State of Arizona on January 13, 2014 at Instrument No. 20140023270, covering
the following described real property:
LOT (7449), MARYVALE TERRACE NO. 20A, ACCORDING TO THE PLAT OF RECORD IN THE
BOOK 79 OF MAPS,PAGE 19,RECORDS OF MARICOPA COUNTY,ARIZONA
The total unpaid principal amount of the Promissory Note as of the date hereof is Thirty Four Thousand Two
Hundred Dollars($34,200.00).
Lender/Beneficiary and Borrower/Trustor desire to modify the terms of the Promissory Note and Deed of Trust as
follows: increase the principal sum to Forty Two Thousand Five Hundred Dollars ($42,500.00).
IT IS UNDERSTOOD AND AGREED that all other terms and conditions of the Promissory Note and/or Deed of
Trust, including modifications prior to the date hereof, if any, shall remain in full force and effect without change.
This document shall be attached to the original Promissory Note referred to above and by this reference made a
part thereof. To the extent this document modifies the Deed of Trust, it will also be recorded with the above re-
ferenced County Recorder. Time is of the essence of this modification of the Promissory Note and/or Deed of
Trust.
BORROWER/
TRUSTOR: a ie/P. 44
Marilyn M.#:.irk
LENDER/
BENEFICIARY: CITY OF GLENDALE
By r'1 if) /
Brenda S.Fischer
City Manager
ATTEST:
City r �' f (SEAL)
APPROVED AS TO FORM:
(::::5-141/-**'-----,..,,,
City Attorney
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STATE OF ARIZONA )
) ss.
County of Maricopa )
The foregoing instrument was acknowledged before me this 3 day of 1� I00(CO ,2014,by
Brenda S. Fischer,City Manager of the CITY OF GLENDALE,a mictpal corporation of the State of Arizona
),:e61,L tiC.-----
ALICIA MULLER Notary Public
Ala% Notary Put&-Slate of Arizona
My Commission Expires: MARICOPACOTY
MY Commission Expires
CUel�t r (y. ZOIC
Novemt�erl4,zots
STATE OF ARIZONA ) JOHN A. CARNERO
) ss. s' �f Notary Public-State of Anzona
County of Maricopa ) U� MARICOPA COUNTY
My Commission Expires April 11,2016
The foregoing instrument was acknowledged before me this24 7/day of Pb/l01,-2,4d-,-7 ,2014 by
Marilyn M.Birk
-7),,,,
,.4-4( - 1•1-".e- ___
Nota u'blic
My Commission Expires:
11/1/ 0/0
N\REVITALZ\FINFORMS\modrfpromnote-deedoftrust\Loan Modification doc
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