HomeMy WebLinkAbout9536736011019006
WHEN RECORDED MAIL TO:
THE BANK OF STAR VALLEY
See Attached Exhibit "A"
SPACE ABOVE THIS LINE FOR RECORDER'S USE ONLY
RECORDED AT THE REQUEST OF
DATED THIS May 11, 2010
NOTARY PUBLIC
STATE OF
1M'OMING
Title Escrow
R 0 Box 1367
cs‘enmerP WV 83101
SUBORDINATION AGREEMENT
000064
Please Note: This agreement results in your security interest in the property taking
lower priority than that of some other or later security instrument(s). It is recommended
you consult with an attorney prior to executing this Subordination Agreement.
THE BANK OF STAR VALLEY,
FOR $10.00 AND OTHER GOOD, AND VALUABLE AND ADEQUATE CONSIDERATION THIS DAY RECEIVED,
HEREBY AGREES THAT THE TRUST DEED HELD BY AMERICAN LENDING NETWORK, INC., AS BENEFICIARY, IN
THE ORIGINAL SUM NOT TO EXCEED $185,000.00, DATED i'1lay VI 2-010 WHICH WAS EXECUTED BY
NICK R. ERICKSON AND CARISSA ERICKSON, AS TRUSTORS, AND RECORDED (1''1 2.4 0 1 0 ,IN
BOOK figs AT PAGE "P C I OF OFFICIAL RECORDS, COVERING T E FOLLOWING
DESCRIBED PROPERTY IN LINCOLN COUNTY, WY:
IS NOW A FIRST LIEN UPON SAID PROPERTY, AND THAT THE INTEREST AND RIGHTS OF THE BANK OF STAR
VALLEY, IN SAID PROPERTY BY VIRTUE OF THAT TRUST DEED DATED EXECUTED BY
NICK R. ERICKSON AND CARISSA ERICKSON AS TRUSTORS, IN FAVOR OF THE BANK OF STAR VALLEY, AS
BENEFICIARY, RECORDED JUNE 23, 2008, IN BOOK 698, AT PAGE 190 OF OFFICIAL RECORDS, IS HEREBY
SUBORDINATED TO SAID TRUST DEED, AND THAT ALL RIGHTS OF SAID THE BANK OF STAR VALLEY, ARE
SUBJECT, SUBSEQUENT AND JUNIOR TO THE TRUST DEED IN FAVOR OF AMERICAN LENDING NETWORK,
INC..
BY: Seth Jenki's
ITS: Vice President
THE BANK OF ST R ALLEY
STATE OF WY
:SS
COUNTY OF LINCOLN
�nr�rhs
ON May I� 2010, PERSONALLY APPEARED BEFORE ME,�X/I /1 WHO BY ME DULY
SWORN, DID SAY THAT )HE( IS THE Vice Presiden-f OF THE BANK OF STAR VALLEY, AND THAT
SAID INSTRUMENT WAS SIGNED IN BEHALF OF SAID CORPORATION BY AUTHORITY OF ITS BY -LAWS (OR BY A
RESOLUTION OF ITS BOARD OF DIRECTORS) AND SAID SETH JENKINS ACKNOWLEDGED TO ME THAT
SAID CORPORATION EXECUTED THE SAME.
RECEIVED 5/26/2010 at 3:44 PM
RECEIVING 953673
BOOK: 748 PAGE: 64
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Exhibit A
File 6011019006 Description
The land referred to in this document is situated in the State of Wyoming, County of Lincoln, and is
described as follows:
Part of Section 6, Township 31 North Range 118 West of the 6 P.M., Lincoln County,
Wyoming being more particularly described as follows:
e0O065
BEGINNING at a point which is North 89 °35' East, 1910.56 feet from the Southwest Corner of
said Section 6 and running thence North 0 °25' West, 330.0 feet;
thence North 89 °35' East, 132.0 feet;
thence South 0 °25' East, 330.0 feet;
thence South 89 °35' West, 132.0 feet to the Point of Beginning.