HomeMy WebLinkAbout964991137890
Alliance Title Escrow,
PO Box 1367
Kemmerpr WV 83101
RECEIVED 6/8/2012 at 11 :21 AM
RECEIVING 964991
BOOK: 787 PAGE: 511
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
WHEREAS, the undersigned, ENTERPRISE BANK, NA lender of record on the Mortgage made
by J NEAL VARGASON AND TAMERA VARGASON AS MORTGAGORS, in the amount of
$400,000.00 dated JANUARY 31, 2009 and recorded MARCH 5, 2009 as BOOK 716PR, PAGE
861 in the Official Records, LINCOLN COUNTY, WYOMING on the following described real
estate, to -wit:
SEE ATTACHED LEGAL DESCRIPTION
NOW THEREFORE, the undersigned, ENTERPRISE BANK, NA does hereby expressly
subordinate the above described MORTGAGEt to the lien of MORTGAGE placed upon the real
estate in favor of ENTERPRISE BANK, NA in the amount of $378,000.00
DATED: t aQ' 0 AND RECORDED 41 LP4Cri p
Executed JUNE 4, 2012
ENTERPRISE BANK, NA __,,s
,,rr
By:
WENDY KIRK AVP
STATE OF NEBRASKA
COUNTY OF DOUGLAS
GENERAL NOTARY -State of Nebraska
MANDY S. LUSTGRAAF
My Comm. Exp. Feb. 19, 2013
SUBORDINATION AGREEMENT
ss
On this 4TH day of JUNE 2012 before me, a Notary Public, personally appeared
WENDY KIRK, AVP OF ENTERPRISE BANK, NA, who acknowledged the exception of this
instrument to be her voluntary act and deed ON BEHALF OF ENTERPRISE BANK, NA
137890
EXHIBIT "A"
Parcel 1:
That part of that of record in Book 123PR on page 257 of the records in the Office of the Lincoln
County Clerk, within the Northeast Quarter of the Northwest Quarter of Section 12, Township 33
North Range 119 West, Lincoln County, Wyoming, described as follows:
Beginning at a marker on the Westerly right of way line of U.S. Highway 89, South 54 °27'34"
East, 1912.70 feet, from the Northwest corner of said Section 12; thence coursing the Southerly
and Westerly boundary of said tract as follows: North 64 °39'02" West, 15.15, along a jog line of
said right of way line, to the Southwest point of said tract; North 08 °46'49" East, 421.10 feet, to
a cap; North 81 °21'37" West, 40.07 feet, to a cap; North 12 °09'24" West, 207.71 feet, to a cap;
North 00 °31'33" West, 261.58 feet, to a cap; North 00 °28'28" West, 55.00 feet, to a point and
leave said boundary; thence North 90 °00'00" East, 483.73 feet, to a point on said Westerly right;
thence South 25 °17'31" West, 1048.83 feet, along said right of way and said Easterly line, to the
marker of beginning.
Parcel 2:
That part of the Southwest Quarter of Section 1 and that part of the Northwest Quarter of Section
12, Township 33 North, Range 119 West, Lincoln County, Wyoming, described as follows:
Beginning at the Southwest corner of said Section 1; thence North 01 °27'30" East, 1318.96 feet,
along the West line of said Section 1, to the
Northwest corner of the Southwest Quarter Southwest Quarter of said Section 1; thence South
88 °54'56" East, 1327.39 feet, along the North line of said Southwest Quarter Southwest Quarter,
to the Northeast corner thereof; thence continuing South 88 °54'56" East, 1320.62 feet, along the
North line of the Southeast Quarter Southwest Quarter of said Section 1, to a point on the
Westerly right -of -way line of U.S. Highway 89; thence South 25 °17'31" West, 1327.26 feet,
along said right -of -way line, to the Northeast point of that tract of record in the Office of the
Clerk of Lincoln County in Book 123 of Photostatic Records on page 257; thence continuing
South 25 °17'31" West, 256.50 feet, along said right -of -way line, identical, in part, with the
Easterly line of said tract to a point; thence South 90 °00'00" West, 483.73 feet, to a point on the
Westerly boundary of said tract; thence coursing the Westerly boundary of said tract as follows:
South 00 °28'28" East, 55.00 feet, to a cap; South 00 °31'33" East, 261.58 feet, to a cap; South
12 °09'24" East, 207.17 feet, to a cap;
South 81 °21'37" East, 40.07 feet, to a cap; South 08 °46'49" West, 421.10 feet, to a point on a
jog line of said right -of -way line and leave
said boundary; thence North 64 °39'02" West, 25.00 feet, along said jog line, to a position;
thence South 25°18'13" West, 572.15 feet, along said right -of -way line, to the Northeast position
of that tract of record in said Office in Book 387 of Photostatic Records on page 510, as shown
on Plat No. 161A; thence coursing the North and West lines of said tract as follows: North
89 °01'55" West, 919.30 feet, to the Northwest point of said tract; South 00154'07" West, 466.53
feet, along the West line of said tract, to the Northwest point of that tract of record in said Office
in Book 387 of Photostatic Records on page 517, and leave said tract; thence continuing South
00 °54'07" West, 589.47 feet, along the West line of said tract on page 517, to the southwest
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point thereof on the South line of said Northwest Quarter; thence North 89 °01'55" West, 383.65
feet, along said South line, to the Southwest corner of said Northwest Quarter; thence North
00 °57'03" East, 2646.07 feet, along the West line of said Northwest Quarter, to the Corner of
Beginning