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SUBORDINATION AGREEMENT
KNOW ALL MEN BY THESE PRESENTS:
883176
For good and valuable consideration in hand received,
The Bank Of Star Valley, a Wyoming Banking Corporation
does hereby subordinate that certain mortgage
between Rod R. Jensen and Ileene C. Jensen, husband and wife
RECEJ1I D
ONC0t_T( ~CLERE;
the State of
"`k
k3ZyOK t~ PR PA(iu 4
recorded September 27, 2001 in Book _,473 page 620 as Filing No. 876206
of the Official Records of the County Recorder of Lincoln County, State of Wyoming
covering land described in Schedule "A" attached hereto, to that certain Mortgage
(Trust Deed) dated the 7 d.ay of August, 2002
between Major Mortgage its Successors and or Assigns, a Wyoming Corporation
and Rod R. Jensen and Ileene C. Jensen, husband and wife
recorded
n Book page as Filing No.
in the office of the Recorder of Lincoln County, Wyoming, in the sum of $ 56,500.00
Legal Description:
See Exhibit "A" attached hereto and made a part hereof
Witness the hand of s ' for this ~ day of
BINSON
A. WILL PONCIANO PPRESIDENT
EXECUTIVE VICE PRESIDENT CORPORATE ACKNOWLEDGEMENT
STATE OF
County of
Wyoming
ss
Lincoln
On the 7th day of August A.D. 2002) personally appeared before me
A. William Ponciano
who, being by me duly sworn, did say that he is the Executive Vice President
respectively of the Bank of Star Valley, A Wyoming Corporation and that the
said instrument was signed in behalf of said corporation by authority of
and aforesaid officers acknowledged to me that said corporation executed the same.
KRISTI SUMMER.-, NOTARY PUBLIC
County of state of
Uncoln a " omi
fd Commission Expires - Notary Public
Commission Expires:
Residing i
a>~ y
EXHIBIT ",A'•
E2
That part of Lot '
within Section 303' Block 2 of the Original Townsite 4 25
part of that , T32N, R1.18W, Lincoln Count of Afton,
Lincoln tract of record in the Office of they' WYoming being
of record in ty, in Book 142 P.R Clerk of
,
described the said Office Page.29,and all of that
as follows: in Book 183 P.R., page 759 tract
BEGINNING
at the Southwest corner
Book 183 P.R., common of said tract of record in
record 3 Book 160 p•Rto the Northwest Corner of said
record in--56 60 P_ Page 209 Of the West line tract to
2, N010 4-5,#E, lock 2; thence N0
B
50 feet From the southwest Corner ofasaidCk
100.00 feet along the said Westh183ap Rbearinq for this
1 said tract and common survey,
of record in Book 152
mmon to:the SouthwesttCorner Noft hatt Corner tract
feet alon P.R., page 637; thence S88°14"04"W, 85-
g a common line, in part to said tract of record in43
Book 183 P.R., and Book 152 p.
North-South fence; 07to a point on an existing
existin thence S023.71W, 100.00 feet alon
a common line, in partlto~saidthence N88014'04"W, g said
p-R.,and Book 160 P.R. tract of record in4Bookf183 along
and corner marked b to the corner of beginnin
cap inscribed ked Na steel T-shaped stake 24" ~ongawithometal
accordance with the SCHERBEL RLS 164 SURVEY POINT
PAIM titled "plat of the Plat prepared and to be filed in,Isaiadloffice
Afton within Section 30, Lots 2 and 3, Original Townsite of
dated Jul , T32N, R118W, Lincoln County 5, 1982 revised October 4, 1982, Y, Wyoming,