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HomeMy WebLinkAbout965430After Recording Return To: FIRST INTERSTATE BANK PO BOX 11095 Jackson, WY 83002 This Instrument Prepared By: Kathy Lyons [Space Above This Line For Recording Data] Date: June 27,2012 Subordination Agreement (Refinance Mortgage) RECEIVED 7/5/2012 at 3:28 PM RECEIVING 965430 BOOK: 789 PAGE: 90 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Property (the legal description of the Property under the Junior Mortgage): Lot 4 of Henry's Mountain Estates, Lincoln County, Wyoming, as described on the official plat filed on November, 1996 as Instrument No. 828555 of the records of the Lincoln County Clerk. Property Address: 102 Anne Rd, Etna, WY 83118. PIDN: 12- 3519- 13 -1 -00 -449 Subordinating Lender: FIRST INTERSTATE BANK, JacksonOffice Junior Mortgage Date: April 28, 2008 Borrower: Darren C Rudd and Arlene L Rudd Trustee (if applicable): na Recording information: 5/06/2008; Book: 693; page: 839 New Lender: FIRST INTERSTATE BANK, Jackson Office Refinance Mortgage Date: June 27, 2012 Borrower: Darren C Rudd and Arlene L Rudd Note Secured by Refinance Mortgage: Dated: June 27, 2012 Original principal amount: 350,300.00 Recording information (when available): MULTISTATE SUBORDINATION AGREEMENT (Refinance Mortgage)— Single Family— Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3747 6/09 (page 1 of 2 pages) 00090 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 State of Wyoming County of Teton Vice President ss On this day personally appeared before me Delwyn Jensen known to be 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 27th day of June 2012. By: L 1i O hl, Printed name: 4 by Lyons Notary Public in and for the State of Wyoming My Commission expires: 9/21/13 KATHY LYONS COUNTY OF TETON N MY COMMISSION EXPIRES NOTARY PUBLIC STATE OF WYO ING NI MULTISTATE SUBORDINATION AGREEMENT (Refinance Mortgage)- Single Family— Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3747 6/09 (page 2 of 2 pages) 00091