Loading...
HomeMy WebLinkAbout957897RETURN TO DRI'title Escrow I2720I Street, Suite t37 0 mEN F1'CCO11DaD RtTi.. i U RIV ZIONS FIRST NATIONAL BANK Subordination Department P.O. Box 30160, Salt Lake City, UT 84130 -0160 Processor: S Gardner 1 4230004028345 APN 24190530906600 KNOW ALL PERSONS BY THESE PRESENTS: SUBORDINATION AGREEMENT This Declaration of Subordination is executed and delivered December 8, 2010, by ZIONS FIRST NATIONAL BANK, in favor of ZIONS FIRST NATIONAL BANK, as follows: ZIONS FIRST NATIONAL BANK, for and in consideration of the sum of One Dollar and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby certify and declare that the lien of that certain x in the amount of $24,032.00 made and executed by WADE REX PAYNE SADIE N PAYNE as Trustor, in favor of ZIONS FIRST NATIONAL BANK, as Beneficiary, dated September 26, 2008 recorded October 31, 2008, in Book 708, at Page 286, Entry Number 943347, in the office of the County Recorder of LINCOLN County, State of WYOMING, is hereby subordinated and made inferior to the lien of that certain 4- not to exceed the amount of $48,352.34 Dollars, dated f€Cerber 3 ZOO executed by WADE REX PAYNE AND SADIE N. PAYNE, as Trustor, in favor of ZIO FIRST NATIONAL BANK, as Beneficiary, and recorded i cn uar n 7,011 as Entry No. 957 612. in Book 76) at Page in the office of the County Recorder of LINCOLN County, State of WYOMING; and said in favor of ZIONS FIRST NATIONAL BANK is hereby declared to be senior to and a superior lien over the in favor of ZIONS FIRST NATIONAL BANK. In the event of foreclosure or sale of either indebtedness, the priority shall be respected as herein established. The real property referred to in the above referenced State of WYOMING and is more particularly described on the attached. xx xMORTGAGE IN WITNESS WHEREOF, ZIONS FIRST NATIONAL BANK has executed this Subordination Agreement as of the date first above written. ZIONS FIRST NATION Name' L MER Title. Vic ACKNOWLEDGED and consented to by Trustors: RECEIVED 2/2/2011 at 2:23 PM RECEIVING 957897 BOOK: 761 PAGE: 678 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 000678 ide cA WADE REX PAY N o L IS' 1 SADI N PAY is situated in LINCOLN County, I 6 STATE OF H COUNTY OFSAL-T-L-A i3 error L i e ,1 On December 8, 2010, before me k- ✓AM'GAI -k &tn a Notary Public in and for said County and State, personally appeared, WADE REX PAYNE AND SADIE N PAYNE personally known to me to be the person whose name is subscrioea to the within instrument and acknowledged to me that he /she executed the same in their authorized capacity, and that his /her signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. Notary Public MY COMMISSION EXPIRES: 2/2/2012 STATE OF :ss COUNTY OF Sg1A'Lc1Ke On l�C�ep h[ir 8 ON, NA before me L J R a Notary Public in and for said County and State, personally appeared L. Me rn' 1) j s VVcc e4. Z�'ors l %jUa11vr�.t./bm Jcpersonally known to me (or proved to me on the basis of satisfbotory evidence) to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in their authorized capacity(ies), and that his /her /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted executed the instrument. WITNESS my hand and official seal. Notary Public My Commission Expires: 1 1 1 1 AMANDA J. BUNN NOTARY PUBLIC STATE OF IDAHO NOTARY PUBLIC .r BEVERLY J. MATHEWS 1 Commission ea 1 OCTOBER 24 2014 STATE OF UTAH 1 000679 known as: 125 Post Street Cokeville, WY 83114 000680 A Lots 9 and 10 of Block 8 of the Original Town of Cokeville, Lincoln County, Wyoming as described on the official plat thereof