Loading...
HomeMy WebLinkAboutProperty #: C-8801 - 2/4/2014 ITV CLER, C-8801 tar AL 02/04/2014 CITY OF GLENDALE, ARIZONA MODIFICATION TO PROMISSORY NOTE AND DEED OF TRUST (Agreement C-8801) (PLEASE DO NOT REMOVE - THIS IS PART OF THE OFFICIAL DOCUMENT) •••• ••• ••••••• a w DJ \Oa. RICOPA COUNTY RECO ER HELEN PURCELL 201 40134529 02/28/2014 04:50 ELECTRONIC RECORDING RECO' I ING REQUESTED BY Lawyers Title Insurance Corporation 1 807564—3-1—1-- A N " CORDED • 1 TO: Tomu tac C OF GL IALE CO Y RE AL •TION 5850 W.GLE I ALE AVE S #107 GLE I ,AZ 85301 ESCROW NO.: 01798835 SPACE ABOVE S 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 4th day of February, 2014 by and between City of Glendale, as Lender/Beneficiary and Elizabeth Mysona, as Borrowers/Trustors, under that certain Promissory Note and Deed of Trust in the original principal sum of Twenty Seven Thousand Five Hundred Dollars ($27,500.00) dated November 6, 2013. The Deed of Trust securing the Promissory Note was recorded in the Office of the County Recorder of Maricopa County, State of Arizona on November 12, 2013 at Instrument No. 20130976818, covering the following described real property: LOT 304,OF WEST PLAZA FIFTEEN,ACCORDING TO THE PLAT OF RECORD IN THE OFFICE OF r ' COUNTY RECORDER OF • ' COOPA COUNTY, • ONA, RECO' IED IN BOOK 100 OF MAPS,PAGE 33. The total unpaid principal amount of the Promissory Note as of the date hereof is Twenty Seven Thousand Five Hundred Dollars($27,500.00). 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 Thirty Seven Thousand Dollars($37,11 OP). 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: �` Elizabeth ysona LENDER/ BENEFICIARY. CITY OF GLENDALE 410 B PAY l-e/ Brenda S. Fischer City Manager ATTEST: City ei (SEAL) APPROVED AS TO FORM: 4110 City Atto Page 2 of 3 STATE OF ARIZONA ) ) ss. County of Maricopa ) The foregoing instrument was acknowledged before me this 1 e-) clay of lel°(Ltanj .,2014,by Brenda S. Fischer,City Manager of the CITY OF GLENDALE,a munlal corporation of the State of Arizona. 0 1 i ,,„..,,,, ALICIA MULLER otary Public 1 '0 Notary Pubbe•Skate of iiiirons : 4 MARIOOPA COUNTY My Commission Expires: 3. My Commisson awes - November 14,2016 llover41oe-r 1412015 __- STATE OF ARIZONA ) ) ss. JOHN A. CARNERO 7; 47- '- Y PLVIC"State of County of Maricopa ) v• V - tk4afArmonaMARICOPA COUNTY •''' ' kV Commission Expires April 11,201f3 The foregoing instrument was acknowledged before me this 44/ day of /4/- .07-A-01"4-7 ,2014 by Elizabeth Mysona _---- ' °dr Not.ry Public My Commission Expires: N\REVITALZWINFORMS\modifpromnote-deedoftrust\Loan Modification doe Page 3 of 3