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HomeMy WebLinkAbout969521After Recording Return To: FIRST INTERSTATE BANK PO BOX 11095 JACKSON, WY 83002 This Instrument Prepared By: Kathy Lyons Date: 1/04/2013 0079 RECEIVED 2/15/2 RECEIVING 9695 013 at 2:02 PM BOOK: 804 PAGE: 791 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY [Space Above This Line For Recording Data] Subordination Agreement (Refinance Mortgage) Property (the legal description of the Property under the Junior Mortgage): Lot 74 of Nordic Ranches division No. 5, Lincoln County, Wyoming, according to that plat filed August 9, 1994, as Instrument No. 787904, Plat No. 311 -D. Tax ID No. 3619- 26 -1 -00- 074.00 Property Address: 980 Saddle Drive, Etna, WY 83118 Subordinating Lender: FIRST INTERSTATE BANK, JacksonOffice Junior Mortgage Date: April 16, 2009 Borrower: Brenda Dobben Trustee (if applicable): Recording information: 4/21/09; Instrument No. 946660; Bk 721; Pg 32 New Lender: FIRST INTERSTATE BANK, Jackson Office Refinance Mortgage Date: January 4, 2013 Borrower: Brenda Dobben Note Secured by Refinance Mortgage: Dated: January 4, 2013 Original principal amount: 176,500.00 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) 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: Deeann Mal is Senior Bank Manager State of Wyoming County of Teton On this day personally appeared before me Deeann Mangis known to be Senior Bank Manager 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 4 day of January 2013. ss By: Printed name: thy Lions Notary Public in and for the State of Wyoming My Commission expires: 9/21/13 KATHY HY LYONS COUNTY OF TETON MM /SSSONDSPIRFS NOTARY PUBLIC r:. q /S.7! iNG MULTISTATE SUBORDINATION AGREEMENT (Refinance Mortgage)- Single Family— Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3747 6/09 (page 2 of 2 pages)