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Home My WebLink About95176162837 SUBORDINATION AGREEMENT DATED this 21 st day of January, 2010. Witness my hand and official seal. NOTAFI PUBLIC ELLEN C. PUGN STATE OF COUNTY Of W g.).MING LINCOLN MY COMM B iON IFIRSS FI .T t4, 2011 My Commission expires: FOR AND IN CONSIDERATION of the sum of Ten Dollars ($10.00) and other good and valuable consideration, receipt of which is hereby acknowledged, 1st Bank, a Wyoming Banking Corporation, P.O. Box 3110, Alpine, Wyoming 83128, as legal holder and owner of a Mortgage executed by River Bend Meadows, LLC, a Wyoming Limited Liability Company, as Mortgagors, to 1st Bank, as Mortgagee, dated September 12, 2006 and recorded July 27, 2007 in Book 667 beginning at Page 140 in the land records of Lincoln County, Wyoming, concerning the real property in Lincoln County, Wyoming described in Exhibit "A attached hereto, has, and by these presents does waive, the priority of the lien of said Mortgage insofar as the Declaration of Covenants, Conditions, Restrictions and Easements for River Bend Meadows is concerned, said Declaration of Covenants, Conditions, Restrictions and Easements for River Bend Meadows being that document which was recorded in the land records of Lincoln County, Wyoming on January 22 2010 in Book 740 beginning at Page 684 The undersigned, 1st Bank, hereby agrees that the lien of the Mortgage described above shall hereafter be inferior to the Declaration described above. 1ST BANK, a Wyoming Banking Corporation PENNY J RANCH PRESIDENT STATE OF WYOMING SS. COUNTY OF LINCOLN On this 21st day of January, 2010, before me personally appeared Penny Jones, who, being by me duly sworn did say that she is the Branch President of 1st Bank, a Wyoming Banking Corporation, that she signed the foregoing instrument on behalf of said 1st Bank by authority of its Board of Directors; and that she acknowledged said instrument to be the free act and deed of said 1st Bank. 2C2-7", NOTARY PUBLIC RECEIVED 1/22/201 at 1:05 PM RECEIVING 951761 BOOK 740 PAGE: 715 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY EXHIBIT "A" LEGAL DESCRIPTION 000716 PARCEL 1 -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 1 /4 of Section 10, Township 34 North, Range 119 West of the 6 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 corner being 1710.75 feet South 64° 29' 57" W from the B.L.M., type Monument found marking the Charles V. King PE/LS 590 location for the Northeast Corner of said Section 10, thence South 01° 09' 59" W along the East line of last said Property, 986.66 feet to the Southeast corner of last 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 corner of said property; thence North 137.132 feet; thence East 283.13 feet, to the Point of Beginning. PARCEL 1 -B: The right of ingress and egress as described in Quit Claim Deeds recorded in Book 462 P.R., Page 331 and Book 480 P.R., Page 737. PARCEL 2 -A: Lot 3 of Deer Run, 2 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 (NE1 /4) of Section 10, Township 34 North, Range 119 West of the 6 P.M., Lincoln County, Wyoming. EXCEPTING THEREFROM Deer Run 2 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.