(a) Except as provided in subsection (c) of this section, this act applies to a mortgage modification. (b) This act does not affect: (i) Law governing the required content of a mortgage; (ii) A statute of limitations or other law governing the expiration or termination of a right to enforce an obligation or a mortgage; (iii) A recording statute; (iv) A statute governing the priority of a tax lien or other governmental lien; (v) A statute of frauds or the Uniform Electronic Transactions Act; (vi) Except as provided in W.S. 34-30-104(b)(viii), law governing the priority of a future advance. (c) This act does not apply to any of the following modifications: (i) A release of, or addition to, property encumbered by a mortgage; (ii) A release of, addition of, or other change in an obligor; or (iii) An assignment or other transfer of a mortgage or an obligation.
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