HomeMy WebLinkAbout956975After Recording Return To:
FIRST INTERSTATE BANK
PO BOX 11095
JACKSON, WY 83002
This Instrument Prepared By:
BECKY A. ADAMS
[Space Above This Line For Recording Data]
Date: November 22, 2010
Subordination Agreement
(Refinance Mortgage)
Property (the legal description of the Property under the Junior Mortgage):
LOT 7 OF SALT RIVER COVE DIVISION NO. 1, LINCOLN COUNTY, WYOMING AS
DESCRIBED ON THE OFFICIAL PLAT THEREOF.
Property Address: 250 Willow Lake Dr., Alpine, WY 83128
RECEIVED 12/1/2010 at 12:08 PM
RECEIVING 956975
BOOK: 758 PAGE: 175
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Subordinating Lender: FIRST INTERSTATE BANK, Jackson Office
Junior Mortgage
Date: November 13, 2007
Borrower: Lon H. Lund and Karen L. Lund
Trustee (if applicable): n/a
Recording information: Recorded on November 15, 2007 as Instrument #934898
000175
New Lender: FIRST INTERSTATE BANK, Jackson Office
Refinance Mortgage
Date: February 13, 2009
Borrower: Lon H. Lund and Karen L. Lund
Note Secured by Refinance Mortgage:
Dated: February 13, 2009
Original principal amount: 417,000
Recording information (when available): Recorded on February 19, 2009 as Instrument
#945427, In Book 715, Page 763
MULTISTATE SUBORDINATION AGREEMENT (Refinance Mortgage )—Single Family— Fannie Mae /Freddie Mac UNIFORM
INSTRUMENT Form 3747 6/09 (page 1 of 2 pages)
Subordinating Lender is the owner and holder of the Junior Mortgage and obligations
secured by the Junior Mortgage; the Junior Mortgage is a lien on the title to the Property or an
interest in that title.
For value received and to induce the New Lender to enter into the Refinance Mortgage,
Subordinating Lender unconditionally subordinates its lien on, and all other rights and interests
in, the title to the Property resulting from the Junior Mortgage to the lien on, and all other rights
and interests in, the title to the Property resulting from the Refinance Mortgage. Subordinating
Lender agrees that its lien on, and all other rights and interests in, the title to the Property
resulting from the Junior Mortgage will remain subordinate to the lien on, and all other rights
and interests in, the title to the Property resulting from the Refinance Mortgage regardless of any
renewal or extension of the Refinance Mortgage.
This Subordination Agreement shall be binding upon the successors and assigns of the
Subordinating Lender.
When the context requires, singular nouns and pronouns include the plural.
Mortgage means mortgage, deed of trust, trust deed or other security instrument.
FIRST INTERSTATE BANK
Subordinating Lender
By:
Patti Patterson, Assistant Vice President
State of Wyoming
County of Teton
On this day personally appeared before me Patti Patterson known to be Assistant Vice President of First
Interstate Bank, the corporation described in and who executed the within and foregoing instrument, and
acknowledged that he /she signed the same as his /her free and voluntary act and deed, for the uses and
purposes therein mentioned.
Given under my hand and official seal this 22nd day of November 2010.
By:
ss
Printed name: lucky A. Adams
Notary Public in and for the State of Wyoming
My Commission expires: 1/18/2012
BECKY A. ADAMS NOTARY PUBLIC
COUNTY OF STATE OF
LINCOLN 'l?a, WYOMING
MY COMMISSION EXPIRES 1 1g a0 i
000176
MULTISTATE SUBORDINATION AGREEMENT (Refinance Mortgage) Single Family— Fannie Mae /Freddie Mac UNIFORM
INSTRUMENT Form 3747 6/09 (page 2 of 2 pages)