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HomeMy WebLinkAbout95764561039 Hickman jand7itle0 SINCE 1904 KNOW ALL MEN BY THESE PRESENTS: For good and valuable consideration in hand received, HICKMAN LAND TITLE COMPANY does hereby subordinate that certain Mortgage between WHIPPLE DEVELOPMENT CORPORATION, a South Carolina Corporation and THE JACKSON STATE BANK, recorded November 01, 1999, in Book 437, at Page 610, as Filing No. 862317, of the Official Records of the County Recorder of Lincoln County, State of Utah, covering land described below, to that certain Real Estate Mortgage dated 01/12/2007 between SALT RIVER RANCY, LLC, a Wyoming Limited Liability Company and Bank of Jackson Hole. Recorded January 23, 2007, in Book 646, at Page 809, as Filing No. 926266, in the office of the Recorder of Lincoln County, Utah, in the sum of $3,027,500.00. Dated: 01/13/2011 HICKMAN LAND TITLE COMPANY By: SS County of Cache STATE OF UTAH Commission expires: girl/2 Residing in: s54 tot 5g17s g RECEIVED 1/1 'tt 4:40 PM RECEIVING 957645 BOOK: 760 PAGE: 737 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY SUBORDINATION AGREEMENT See attached Exhibit "A" CORPORATE ACKNOWLEDGMENT On the 13 day of January A.D. 2011 personally appeared before me JAMES S. HICKMAN, who, being by me duly sworn, did say that he is the President of HICKMAN LAND TITLE COMPANY and that the said instrument was signed in behalf of said corporation by authority of a resolution of its board of directors and the aforesaid officers acknowledged to me that said corporation executed the same. 003`73'7 IMP 411116 1 Public MARILYN J. ADAMS 1 Commission X1155 1 :anndSsion Exp Mach 19, 2014 Exhibit "A" 603738 Beginning at the SE corner of Lot 28 of Alpine Retreat Subdivision No, 2 a. part of the east 1/2 SE 1/4 Section 9, T.36 N, R. 119 W,, Sixth Principal Meridian, WY and running thence northwesterly along a 645 ft. radius curve to the right a distance of 31.84 ft.; thence N 78 00'•E 50 ft.; thence N 12 00' W 80 ft.; thence N 78 E 240 ft.; thence S 12 00' E 80 thence S 23 24' E 250 ft,; thence N 87 30' E 203.27 ft.; thence northeasterly along a 210 ft. radius curve to the right 97.67 ft. along a 60 ft. road right-of- way line; thence N 54 44' 41" W 210.'62 ft.; thence N 37 27' E 186 ft.; thence S 52 33' E 195 ft.; thence S 07 00' E 73.28 ft. to'a 60 ft. wide access road right -of -way line; thence east along the north right --of- -way line of an existing county road 140+ ft. to a point 50 ft. east from the east bank of the Salt Aiver; thence southerly 1320± ft. along a line parallel to and 50 ft. east from the east bank meander line of said river; thence west 1320+ ft.; thence north 970+ ft,., to the point of begin.ning excluding the following described property: (Beginning at a point which lies west 995.02 ft. and South 438.00 ft, more or less from the East 1/4 Corner Section 9, T. 36N., R. 119 W. Sixth Principal Meridian, Wyoming, said point being on the west Right -of -way of Kibbe Parkway, and running thence southerly along a 210.00 ft. radius.curve to the left a distance of 125.01 ft.; thence S 25" 30'00" E 96.42 ft.; thence. West 262.68 ft,; thence North 200•,00 ft; thence N 87 30'00" E 203..27 ft. to the point of beginning encompassing an area of 1.04 acres more or 1e.) k Containing a net area of 28.55 acres more or leas, and excluding therefrom that one certain lot conveyed to Rex Robinson on Nov. 13, 1973, recorded Jan. 21, 1974 PR 108, Page 594, Lincoln County Wyo. records resulting in a Net area of 28 acres more or less. ALSO EXCEPTING THE FOLLOWING LEGAL DESCRIPTION! A part of Section 9 T3bN,.11119W 6th Ftincipel Meridian, Wyoming,. Beginning t a paint on the wet rightraf *way line of iiilbie Parkway which point lieu South 1275,69 ft, and miss( Q49.03 ft, from the fl/4 Corner of said Section 9, and runni thanes west 4I.5. Q5 ft, to a paint on a curve an L ot 3d t hence along said curve northerly and to the left cn a radl.ua of 225,90 ft, a distance of 196,49 ft, i• thence N51 g. 246,97 ft.,1 thence 639'00'00"E 74,23 ft,; thence along a 225 ft radtu�a curve to the eaetwcird and to the left a d#.atanae of 194,19 ft, i (hens Q 89 3Q' QQ" E 15 f t ,1 thence aanrthwatd on a 25 ft, radius curve to the right a distance of 39,27 ft; z thence 501' 174,119 ft, to the point of beginning,