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HomeMy WebLinkAbout970526After 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: April 10, 2013 Subordination Agreement (Refinance Mortgage) Property Address: 370 Vista East Drive, Thayne, WY 83127 RECEIVED 4/17/2013 at 3:22 PM RECEIVING 970526 BOOK: 809 PAGE: 549 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Property (the legal description of the Property under the Junior Mortgage): Lot 129 of Star Valley Ranch Plat 6, Lincoln County, Wyoming, as described on the official plat filed on June 30, 1971 as Instrument No. 431710 of the records of the Lincoln County Clerk. Subordinating Lender: FIRST INTERSTATE BANK, JacksonOffice Junior Mortgage Date: January 2, 2009 Borrower: David Ruthardt and Valerie Ruthardt, husband and wife Trustee (if applicable): n/a Recording information: Recorded on January 8, 2009 as Document No. 944548, Book 712, page 557 in the office of the Lincoln County Clerk. New Lender: FIRST INTERSTATE BANK, Jackson Office Refinance Mortgage Date: Borrower: April 10, 2013 David Ruthardt and Valerie Ruthardt, husband and wife Note Secured by Refinance Mortgage: Dated: April 10, 2013 Original principal amount: 224,900 Recording information (when available): ti 4 MULTISTATE SUBORDINATION AGREEMENT (Refinance Mortgage )—Single Family— Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3747 6/09 (page 1 of 2 pages) tu05 '1 U 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 Patti Patterson Assistant Vice President State of Wyoming County of Teton On this day personally appeared before me Patti Patterson known to be Assistant Vice President 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. and and offal seal this 10 day of April 2013. ss By: v b, Print -d na //fyc g Notary Public in and for the State of Wyoming My Commission expires: J p 8' ,ZU /4 (HYL LIP P f i (F'Efi f U[?LIC T M co ON Vi OMINlG MULTISTATE SUBORDINATION AGREEMENT (Refinance Mortgage) Single Family— Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3747 6/09 (page 2 of 2 pages)