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HomeMy WebLinkAbout967775139191 Ar.bC After recording return to: RECEIVED 11/5/2012 at 2:46 PM RBS CITIZENS, N.A. RECEIVING 967775 Attn: SBO Dept RJW 212 BOOK: 797 PAGE: 536 443 Jefferson Blvd JEANNE WAGNER Warwick, RI 02886 LINCOLN COUNTY CLERK, KEMMERER, WY This document prepared by: Stacy Swett THIS AGREEMENT made this 23rd day of October, 2012 BETWEEN: Alliance Title Escrow PO Box 1367 Kemmerer VVY 83101 RBS Citizens, N.A. One Citizens Drive Riverside, RI 02915 -3000 "Lender and Universal American Mortgage "New Lender In consideration of One Dollar ($1.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, Original Lender, being the mortgagee under the following mortgage "Subordinate Mortgage Mortgage dated March 19, 2007, made by Edward E Harrison and Susan W Harrison to First Horizon Home Loan Corporation, in the principal amount of Fifty Thousand Eight Hundred Dollars, ($50,800.00) and recorded March 20, 2007 in Book 651, Page 856, Instrument No. 927739, and assigned to RBS Citizens NA and recorded on December 11, 2009 in Book 737, Page 838, and Document No 951022, of Section of Mortgages in the office of Lincoln County, Wyoming Tax Map: District: Section: Block: Lot: SUBORDINATION OF MORTGAGE 0053fa And commonly known as: 4403 Willow Creek Ln, Bedford, Wyoming 83112 does hereby waive and subordinate the priority and operation of the Subordinate Mortgage upon the therein described premises to the following described mortgage "New Mortgage Mortgage to be executed by Edward E Harrison and Susan W Harrison as borrower, to Universal American Mortgage as New Lender, securing a total indebtedness not to exceed Two Hundred Thousand Dollars, ($200,000.00), upon the above described property in order that the lien of the Subordinate Mortgage be taken as junior and inferior to the lien of the New Mortgage without otherwise affecting the lien of the Subordinate Mortgage. This Agreement shall be governed by and construed in accordance with the laws of the State of Rhode Island applicable to contracts made and to be performed in said State, shall not be modified, amended or terminated orally, and shall be binding upon and inure to the benefit of the parties hereto and their respective successors, designees and assigns. IN WITNESS WHEREOF, RBS Citizens, N.A., has hereunto caused this Subordination to be executed as of the date set forth above. SIGNED IN THE PRESENCE OF: RBS Ci oketz .bE By: tA Stacy S tt John Endsl Assistant Vice President STATE OF RHODE ISLAND COUNTY OF KENT 0053' In Warwick, on this 23rd day of October, 2012 before me personally appeared John Endslow, the Assistant Vice President of RBS Citizens, N.A., a national banking association, to me known and known by me to be the party executing the foregoing instrument on behalf of said bank, and acknowledged said instrument and the execution thereo to be his /her free act and deed in said capacity and the free act and deed of said bank. Notary Public: Margaret A McDonough My Commission Expires: November 27, 2012 [SEAL]