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WHEN RECORDED MAIL TO:
GMAC Mortgage, LLC
3451 Hammond Ave.
Waterloo IA 50702
Prepared by: Samantha Grandston
SUBORDINATION AGREEMENT
THAT WHEREAS Charles J. Horton and Dawn L. Guffey, residing at 170 WEST MILL
CIRCLE, ALPINE, WY 83128, did execute a Mortgage dated November 21, 2005 to Mortgage
Electronic Registration Systems, Inc., ('MERS'), covering:
SEE ATTACHED
U 38 O
RECEIVED 10/2/2012 at 4:18 PM
RECEIVING 967177
BOOK: 795 PAGE: 380
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
THIS SUBORDINATION AGREEMENT, made September 17, 2012, present owner and holder of the
Mortgage and Note first hereinafter described and hereinafter referred to as Mortgage Electronic
Registration Systems, Inc., ('MERS')
WITNESSETH:
To Secure a Note in the sum of $32,000.00 dated November 21, 2005 in favor of Mortgage Electronic
Registration Systems, Inc., ('MERS'), which Mortgage was recorded November 30, 2005 as Book 606
Page 236, County of LINCOLN.
WHEREAS, Owner has executed, or is about to execute, a Mortgage and Note in the sum of (Not
to exceed) $173,428.00 dated /d y A. in favor of Universal American Mortgage, here in
after referred to as "Lender payable with interest and upon the terms and conditions described therein,
which mortgage is to be recorded concurrently herewith; and
WHEREAS, it is a condition precedent to obtaining said loan that Lender's mortgage last above
mentioned shall unconditionally be and remain at all times a lien or charge upon the land herein before
described, prior and superior to the lien or charge of Mortgage Electronic Registration Systems, Inc.,
('MERS')mortgage first above mentioned.
NOW THEREFORE, in consideration of the mutual benefits accruing to the parties hereto, and
other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and in order to
induce Lender to make the loan above referred to, it is hereby declared, understood and agreed as follows:
WITNESS my hand and notarial seal.
JEFF UDEN
IOWA NOTARIAL SEAL
COMMISSION A: 744366
MY COMMISSION EXPIRES I�
(1)That said mortgage securing said note in favor of Lender, shall unconditionally be and
remain at all times a lien or charge on the property therein described, prior and superior
to the lien or charge of Mortgage Electronic Registration Systems, Inc., ('MERS')
mortgage first above mentioned, including any and all advances made or to be made
under the note secured by Mortgage Electronic Registration Systems, Inc., ('MERS').
mortgage first above mentioned.
(2)Nothing herein contained shall affect the validity or enforceability of Mortgage
Electronic Registration Systems, Inc., ('MERS'). mortgage and lien except for the
subordination as aforesaid.
Mortgage Electronic Registration Systems, Inc., ('MERS')
Title: Assistant Secretary
Attest: /Y
Amber Swanger
Title: Assistant Secretary
(s
STATE OF IOWA COUNTY OF BLACK HAWK
ss:
On September 17, 2012, before me Jeff Uden, a notary public in and for the said county, personally
appeared Jenny Brouwer known to me to be an Assistant Secretary of Mortgage Electronic Registration
Systems, Inc., ('MERS') and Amber Swanger known to me to be an Assistant Secretary of Mortgage
Electronic Registration Systems, Inc., ('MERS'), Solely Defined As Nominee For The Lender, GMAC
Mortgage, LLC, the Limited Liability Company that executed the within instrumental also known to me (or
proved to me on the basis of satisfactory evidence to be the person who executed the with instrument,
behalf of the Limited Liability Company herein named and acknowledged to me that such Limited Liability
Company executed the same.
Notary Public
0038
LEGAL DESCRIPTION
Lots 1 and 2, Palis Park Subdivision, according to the official plat thereof, being part of the
N1 /2SE1 /4 and the SW1 /4NE1 /4 of Section 29, T37N, R118W, 6 t11 P.M., Wyoming.
00382