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HomeMy WebLinkAbout968208After Recording Return To: FIRST INTERSTATE BANK PO Box 11095 Jackson, WY 83002 This Instrument Prepared By: Kenna Williams [Space Above This Line For Recording Data] Date: November 19, 2012 Subordination Agreement (Refmance Mortgage) T Property Address: 250 Willow Lake Dr, Alpine, WY 83128 WYOMU4G TITLE. e ES A MOTN4'R LOOK COMPAN'' RECEIVED 11/28/2012 at 2:44 PM RECEIVING 968208 BOOK: 799 PAGE: 300 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Property (the legal description of the Property under the Junior Mortgage): Lot 7 of Salt River Cove Division No. 1, Lincoln County, Wyoming as described on the official plat filed on June 4, 2004 as Instrument No. 899398 of the records of the Lincoln County Clerk. PIDN: 12- 3619- 10 -3 -00- 148.00 Subordinating Lender: FIRST INTERSTATE BANK, JacksonOffice Junior Mortgage Date: November 13, 2007 Borrower: Lon H. Lund and Karen L. Lund Trustee (if applicable): n/a Recording information: Recorded on November 15, 2007 as Document No. 934898, Book 678, pages 831 in the office of the Lincoln County Clerk. New Lender: FIRST INTERSTATE BANK, Jackson Office Refinance Mortgage Date: November 19, 2012 Borrower: Lon H. Lund Note Secured by Refinance Mortgage: Dated: November 19, 2012 Original principal amount: 403,800 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) 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 By:o� C,— Patti Patterson Assistant Vice President State of Wyoming County of Teton On this day personally appeared before me Patti Patterson known to be AVP 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 icial seal this /g day of NoP12 KATHY L Yt l COON f? "p TU tON BMYCOMMISSMN EXPIRES By: Printed name: Notary Public in and for My Commission expires: ss Sta3'Wyoming q ,>1 13 vOMING MULTISTATE SUBORDINATION AGREEMENT (Refinance Mortgage)- Single Family— Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3747 6/09 (page 2 of 2 pages) 0030.