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HomeMy WebLinkAbout970453After Recording Return To: FIRST INTERSTATE BANK PO Box 11095 Jackson, WY 83002 This Instrument Prepared By: Sherry Mallen Date: April 10, 2013 RECEIVED 4/11/2013 at 3:36 PM RECEIVING 970453 BOOK: 809 PAGE: 266 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY WYOMING TITLE ESCRO RECORDED FOR ACCOMMODATION ONIY [Space Above This Line For Recording Data] Subordination Agreement (Refinance Mortgage) Property (the legal description of the Property under the Junior Mortgage): Lot 53 of Nordic Ranches Division No. 4, Lincoln County, Wyoming, as shown on the official plat thereof filed August 9, 1994, as Receiving No. 787903, in the Office of the Clerk, Lincoln County, Wyoming, as Plat No. 311 -C. Property Address: 825 Saddle Drive, Etna, WY 83118 Subordinating Lender: FIRST INTERSTATE BANK, Jackson Office Junior Mortgage Date: July 21, 2008 Borrower: Buckley D. Fairbanks and Shelley D. Fairbanks Trustee (if applicable): Recording information: Recorded on August 1, 2008 as Document No. 940946 in Book 701, Pages 282 in the office of the Lincoln County Clerk. New Lender: FIRST INTERSTATE BANK, Jackson Office Refinance Mortgage Date: April 05, 2013 Borrower: Buckley D. Fairbanks and Shelley D. Fairbanks Note Secured by Refinance Mortgage: Dated: April 05, 2013 Original principal amount: 173,500.00 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) 00267 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. By: 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 Patti Patterson, Assistant Vice President, Lender State of Wyoming County of Teton ss On this day personally appeared before me Patti Patterson known to be Assistant Vice President, Lender 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. Give nd f'm han. an• ficial seal this 5 day of Print: d na Pi'y'I f4 1-1 S Nota Pu lc in and for the State of e f)y /4/ My ommission expires: B j .lam 20/3 F N IAR' PUDI..IC STATE:. OF WYOMING MULTISTATE SUBORDINATION AGREEMENT (Refinance Mortgage) Single Family— Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3747 6/09 (page 2 of 2 pages)