HomeMy WebLinkAbout946239
WHEN RECORDED RETURN TO: HEJURN TO
DRI Title & Escrow
Zions First N~tion~1 Bonk 12720IStreet, Suite 100
-FILE REVIEW Omaha, NE 68137
P.O. DûX 3016Q ~ETURN TO
SLC, Ut~fl 81130-0160 DRI Title & Escrow
Acct Ref: 4230004028341t7201 Street, Suite 100
Tax ID: 24190530906600 Omaha, NE 68137
Prepared by: DANETTE UTLEY
RECEIVED 3/31/2009 at 2:53 PM
RECEIVING # 946239
BOOK: 719 PAGE: 228
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
000228
SUBORDINATION AGREEMENT
KNOW ALL MEN BY THESE PRESENTS:
This Declaration of Subordination is executed a'nd delivered this 3RD
day of MARCH, 2009, by Zions First National Bank, in favor of Zions First
National Bank, as follows:
1 ~
Zions First National Bank, for and in consideration of the sum of One
Dollar and other valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, does hereby certify and declare that the
lien of that certain trust deed, made and executed by WADE REX PAYNE /
AND SAIDIE N PAYNE, as Trustor, in favor of Zions First National Bank, as
Beneficiary, dated 9-26-2008, recorded 10-31-2008, in Book 708, at Page
286, Entry Number , in the office of the County Recorder of LINCOLN
county, State of WYOMING, is hereby subordinated and made inferior to
the lien of that certain trust deed dated , 2009 executed by WADE
REX PAYNE AND SADIE N PAYNE, as Trustor, in favor of Zions First
National Bank, as Beneficiary, and recorded }/\llY{h 3\ , 2009,
as Entry No. ~11~3~ , in Book ~, at Page ~~I ,
in the office of the County Recorder of LINCOLN County, State of
WYOMING; and said trust deed in favor of Zions First National Bank is
hereby declared to be senior to and a superior lien over the trust deed in
favor of Zions First National Bank.
In the event of foreclosure or sale of either indebtedness, the
priority shall be respected as herein established.
The real property referred to in the above referenced trust deeds is
situated in LINCOLN County, State of WYOMING and is more particularly
described as follows:
LOTS 9 AND 10 OF BLOCK 8 OF THE ORIGINAL TOWN OF COKEVILLE,
LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT
THEREOF.
ÜOv2,29
IN WITNESS WHEREOF, Zions First National Bank has executed this
Subordination Agreement as of the date first above written.
Na
Tit
STATE OF Utah )
:ss
COUNTY OF SALT LAKE)
The foregoing instrument was acknowledged before me this 3RD day
of MARCH, 2009, by RANDY SHURTZ a Vice President of Zions First
National Bank a National Association.
Nota~
MY COMMISSION EXPIRES: Lr In 1()1,
RESIDING AT: ~ (+- \.9-~ Ct~~~Jtah
(I ,NOTARY PUBLIC
~ JEFFREY SUTHERLAND
~ 3068 South 1300 East
S. if. Sa" Lake City. Utah 84106
, " My Commissioo Expires
April 22. 2009
STATE OF UTAH