HomeMy WebLinkAbout937093
Name:
Address:
1st BANK
P.O. BOX 3110
ALPINE, WY 83128
RECEIVED 2/22/2008 at 11 :32 AM
RECEIVING # 937093
BOOK: 687 PAGE: 454
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
WHEN RECORDED RETURN TO:
000454
SUBORDINATION OF MORTAGE AGREEMENT
KNOW ALL MEN BY THESE PRESENTS THAT:
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1 ST Bank, Lender, whose address is 79 Hwy 89, P.O. Box 3110, Alpine, Wyoming 83128, as
present legal holder and owner of that certain Mortgage, including the Assignment of Rents,
executed by REX A. DOORNBOS and SARAH DOORNBOS, husband and wife, as Mortgagors
to 1 ST BANK, as Mortgagee, dated January 8, 2008 and recorded January 15, 2008 in Book 683,
Page 845, Receiving #936252 of the records of Lincoln County, Wyoming and concerning the
real property in Lincoln County, Wyoming securing the payment of a note in the amount of
$235,000.00, described as follows:
See "Exhibit A" attached hereto
for and in consideration of the sum of Ten Dollars and Other Valuable Consideration 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:
That certain Mortgage dated January 08, 2008 and recorded in Book 683, Page 845, Receiving
#936258 of the records of Lincoln County, Wyoming by REX DOORNBOS and SARAH
DOORNBOS, as Mortgagor, to MERS, as Mortgagee, securing the payment of a note in the
amount of $417,000.00.
The undersigned, Lender, 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: 61807df
Land Title Company
Subordination of Mortgage Agreement - Corporation
Page lof3
Dated this 19th day of Februm'y, 2008.
1 ST BANK
BY~ ~p~ ~
000455
STATE OF WYOMING
COUNTY OF LINCOLN
February, 2008, personally appeared before me
, who being by me duly sworn did say that
he/she is the of 1 ST Bank, organized and existing
under the laws of Wyoming, 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.
Witness my hand and official seal.
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DORmA WEBB
COUNTY OF
LINCOLN
otary Public
My Commission Expires:
File Number: 61807df
Land Title Company
Subordination of Mortgage Agreement - Corporation
Page 2 of3
EXHIBIT "A"
000456
Beginning at the Southeast Comer of Lot 13, Alpine Village Subdivision 1, Plat 1, Amended,
Section 18, Township 37 North, Range 118 West, 6th P.M., Wyoming and running THENCE
South 59°22'51" West, 250 feet; THENCE North 35°37'29" West, 196 feet; THENCE North
48°58'42" East, 121.46 feet to the South right-of-way boundary line of Palisades Circle;
THENCE in an Easterly direction along said South right-of-way boundary line of Palisades
Circle, 128.47 feet to the point of intersection with the Southwest right-of-way boundary line of
Palisades Drive; THENCE Southeasterly along the Southwest right-of-way boundary line of
Palisades Drive approximately 153.33 feet to the point of beginning.
File Number: 61807df
Land Title Company
Subordination of Mortgage Agreement - Corporation
Page 3 00