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HomeMy WebLinkAbout9529096011018785 RECORDING REQUESTED BY: ServiceLjnk Recording Requested By Return To Chicago Title ServiceLink Divis 4000 Industrial Blvd �c� Aliquippa, PA 15001 SUBORDINATION OF MORTGAGE RECEIVED 4/13/2010 at 4:33 PM RECEIVING 952909 BOOK: 745 PAGE: 456 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER WY 456 FROM 1st Bank, with its primary office address at 716 Pine Avenue, Kemmerer, WY 83101 (hereinafter called "Mortgagee TO WELLS FARGO HOME MORTGAGE, with its primary office address at 1150 WEST WASHINGTON STREET, TEMPE, AZ 85281 (hereinafter called "Lender Whereas, Mortgagee is the holder of a valid mortgage granted to (hereinafter called "Owner covering certain real property owned by Owner and located at 314 TOPAZ ST, KEMMERER, WY 83101-2929, more fully described on Exhibit "A" hereto and incorporated herein (hereinafter called "Property which mortgage secured a note in favor of 1st Bank in the original principal sum of $10,616.00 which recorded on April 5, 2007 in the LINCOLN County Recorders Office, at Book 653PR, Page 526, (hereinafter the "prior mortgage and WHEREAS, Owner has executed, or is about to execute a mortgage (hereinafter referred to as "Lender's Security Instrument and note not to exceed the sum of $52,000.00, in favor of Lender, payable with interest and upon the terms and conditions described therein, which Lender's Security Instrument is to be recorded concurrently herewith; and Whereas, the MORTGAGEE has agreed to subordinate the PRIOR MORTGAGE to LENDER'S MORTGAGE. NOW, THEREFORE, INTENDING TO BE LEGALLY BOUND and in consideration of $1.00 1. Subordination of Lien: The MORTGAGEE hereby subordinates the PRIOR MORTGAGE and its lien position in and on the PROPERTY to the LENDER'S Mortgage and the lien thereof, as if the LENDER'S Mortgage has been recorded first in time to the PRIOR MORTGAGE and so that all public records will reflect LENDER'S Mortgage superior in lien to the PRIOR MORTGAGE. Subordination Agreement (475014) Order Number: 2185895 Page 1 of 3 2. 000457 This subordination shall be binding upon and insure to the benefit of the respective heirs, successors and assigns of MORTGAGE and LENDER. WITNESS this the 4th day of March 2010 ATTEST: fJ STATE OF Wyoming COUNTY OF Lincoln On this the 4th day of March 20 10_, before me, the undersigned officer of the state and county mentioned, personally appeared Teresa A. Frommel with whom I am personally acquainted (proven to me on the basis of satisfactory evidence), and who further acknowledged that she is the Branch President (title) of the maker or constituent of the maker and is authorized by the maker or its constituent, the constituent being authorized by the maker, to execute this instrument on behalf of the maker. IN WITNESS,WHEREOF, I hereunto set my hand and official seal. NOTARY PUBL My Commission expires: a��,/Z /2 2 3 KARRIEEGGLESTON NOTARY PUBLIC COUNTY OF L STATE OF INCOLN WYOMING MY COMMISSION EXPIRES AUGUST 17, 2013 l' Bank Name of Corporation Teresa A. Frommel Print Name Branch President Title Subordination Agreement (475014) Order Number: 2185895 Page 2 of 3 The Easterly Twenty Five feet of Lots 4 and 5 of Block 9 of Original Town of Kemmerer, Lincoln County, Wyoming, and forming a rectangular piece of ground, being part of Lots 4 and 5 in Block 9 in said Town of Kemmerer, fronting 25 feet on Topaz Street and 100 feet on the Alley in said Block 9, as surveyed, platted in the records of the Lincoln County Clerk. Tax I.D: 12- 2116- 13 -3 -18- 132.00 Exhibit "A" Legal Description 000458