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RECEIVED 10/11/2007 at 11 :20 AM
RECEIVING # 933948
BOOK: 675 PAGE: 251
JEANNE WAGNER
LINCOLN COUNTY CLERK. KEMMERER. WY
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-C9mpany
SINCE 1904
WHEN RECORDED RETURN TO:
Name:
Address:
1 st Bank
PO Box 3110
Alpine, Wyoming 83128
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SUBORDINATION OF MORTAGE AGREEMENT
KNOW ALL MEN BY THESE PRESENTS THAT:
1 st Bank, as present legal holder and owner of that certain Mortgage executed by River Bend
Meadows, LLC, as Mortgagors to 1st Bank, as Mortgagee, dated July 5, 2006 and recorded
August 9, 2006 in Book 629 of PR, on Page 544 and in that certain Modification of Mortgage
Executed by River Bend Meadows, LLC, as Grantor to 1 st Bank, as Lender, dated June 28, 2007
and recorded July 5, 2007 in Book 664 of PR, on Page 503 of the records of Lincoln County,
Wyoming and concerning the real property in Lincoln County, Wyoming described as follows:
See "Exhibit A" attached hereto
for and in consideration of the sum of Ten Dollars and Other Valuable Consideration to him in
hand paid, the receipt of which is hereby acknowledged, has, and by these presents does waive
the priority of the lien of the said Mortgage insofar as the following described Mortgage is
concerned, but not otherwise:
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That certain Mortgage dated September 12, 2006 and recorded July 27, 2007 in Book 667 PR, on
Page 140, of the records of Lincoln County, Wyoming by River Bend Meadows, LLC, as
Mortgagor, to 1 st Bank, as Mortgagee, securing the payment of a note in the amount of
$lJOO,OOO.OO.
The undersigned, 1 st Bank, hereby consenting that the lien of the Mortgage first above described
be taken as second and inferior to the Mortgage last above described.
File Number: 60746
Land Title Company
Subordination of Mortgage Agreement - Corporation
Page 1 of3
Dated this d day of O;)'&/!¿V; 2007.
1 st Bank
BY:~ ~d~
'00025.2
STATE OF Wyoming
COUNTY OF Lincoln
of (J dY~' 200,1 personally appeared before me
, who being by me duly sworn did say that he/she
of 1 st Bank, a Corporation, and that
he/she/they executed the within instrument on behalf of said corporation by authority of a
resolution of its board of directors and duly acknowledged to me that said corporation executed
the same.
My commission expires
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. Witness my hand and official seal.
ELLEN C. PUGH NOTARY PUBLIC
COUNTY OF . STATE OF
LINCOLN W' WYOMING
MYCOMMIISION I F RUARY14,2011
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Notary Public: ~~./ / /~7
File Number: 60746
Land Tille Company
Subordination of Mortgage Agreement - Corporation
Page 2 of3
EXHIBIT "A"
000253
PARCEL I-A: The Property referred to in the Deed, recorded in Book 462 P.R., on Page 331
and a portion referred to in the Deed, recorded in Book 277 P.R., Page 188, the Deed, recorded in
Book 277 P.R., on Page 190, being within the NE Y4 of Section 10, Township 34 North, Range
119 West of the 6th P.M., Northwest from Thayne, Lincoln County, Wyoming the boundary and
area being more particularly described as follows:
Beginning at an Iron Pipe marking the Northeast comer of said property in Book 462 P.R., on
Page 331, said Northeast comer being 1710.75 feet South 64° 29' 57" W from the B.L.M., type
Monument found marking the Charles V. King PEILS 590 location for the Northeast Comer of
said Section 10, thence South 01 ° 09' 59" W along the East line oflast said Property, 986.66 feet
to the Southeast comer oflast said property; thence North 82° 48' 59" West along the South line
of said property, 458.63 feet to the Southwest comer of last said property; thence North 03° 29'
35" W along the West line of last said property, 793.45 feet to the Northwest comer of said
property; thence North 137.132 feet; thence East 283.13 feet, to the Point of Beginning.
PARCEL I-B: The right of ingress and egress as described in Deed recorded in Book 462 P.R.,
Page 331 and Book 480 P.R., Page 737.
PARCEL 2-A: Lot 3 of Deer Run, 2nd Filing, Lincoln County, Wyoming, according to that plat
filed July 7, 2004 in the office of the Lincoln County Clerk, Plat No. 140-B, Instrument No.
900938.
PARCEL 2-B: The right of ingress and egress as described in that certain Warranty Deed, dated
March 3, 2006, recorded March 27,2006 in Book 615 P.R., Page 144, records of Lincoln
County, Wyoming.
PARCEL 3: The Northeast Quarter (NEl/4) of Section 10, Township 34 North, Range 119 West
of the 6th P.M., Lincoln County, Wyoming.
EXCEPTING THEREFROM Deer Run 2nd Filing, according to that plat filed July 7, 2004 in the
Office of the Lincoln County Clerk as Plat No. 140-B, Instrument No. 900938.
ALSO EXCEPTING THEREFROM those parcels of land conveyed to R. Max Steadman Jr., and
Diann S. Steadman, recorded January 7, 2002, in Book 480 P.R. at Pages 737 and 738 as
Instrument No. 878382, and to SV 100 LLC, a Wyoming Limited Liability Company, recorded
August 13,2001, in Book 470 P.R. at Pages 473 and 474 as Instrument No. 875204.
File Number: 60746
Land Title Company
Subordination of Mortgage Agreement - Corporation
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