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RECORDING REQUESTED BY:
SERVICELINK
WHEN RECORDED MAIL TO:
THE BANK OF STAR VALLEY
384 WASHINTION
AFTON, WY 83110
SUBORDINATION OF MORTGAGE
RECEIVED 5/1/2013 at 2:42 PM
RECEIVING 970760
BOOK: 810 PAGE: 476
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
FROM THE BANK OF STAR VALLEY, with its primary office address at 384 WASHINTION, AFTON, WY
83110 (hereinafter called "Mortgagee
TO JP MORGAN CHASE BANK, NA, with its primary office address at 1111 POLARIS PKWY,
COLUMBUS, OH 43240 (hereinafter called "Lender
Whereas, Mortgagee is the holder of a valid mortgage granted to JAMES K. SANDERSON (hereinafter called
"Owner covering certain real property owned by Owner and located at 290 BEAR HOLLOW CIR THAYNE
WY 83127, more fully described on Exhibit "A" hereto and incorporated herein (hereinafter called "Property")
which mortgage secured a note dated 11/30/2009 in favor of THE BANK OF STAR VALLEY in the original
principal sum of $28,000.00 which recorded on 12/07/2009 in the LINCOLN County Recorder's Office, at
BOOK 737, PAGE 629, (hereinafter the "prior mortgage and
WHEREAS, Owner has executed, or is about to execute a mortgage (hereinafter referred to as "Lender's
Security Instrument and note not to exceed the sum of $116,000.00, dated
in favor of Lender, payable with interest and upon the terms and conditions described therein, which Lender's
Security Instrument is to be recorded concurrently herewith; and
Whereas, the MORTGAGEE has agreed to subordinate the PRIOR MORTGAGE to LENDER'S MORTGAGE.
NOW, THEREFORE, INTENDING TO BE LEGALLY BOUND and in consideration of $1.00
1. Subordination of Lien: The MORTGAGEE hereby subordinates the PRIOR MORTGAGE and its
lien position in and on the PROPERTY to the LENDER'S Mortgage and the lien thereof, as if the
LENDER'S Mortgage has been recorded first in time to the PRIOR MORTGAGE and so that all
public records will reflect LENDER'S Mortgage superior in lien to the PRIOR MORTGAGE.
Subordination Agreement (270011) Order Number: 25212073 Page 1 of 3
ATT T:
lid
WITNESS this the agt day of /,,r,/, 2013
STATE OF
2. This subordination shall be binding upon and insure to the benefit of the respective heirs,
successors and assigns of MORTGAGE and LENDER.
NOT P B
k�R"l'` LIC
COUNTY OF, LA
On this the Lx day of ,/,64-eit_ 20 3 before me, the undersigned officer of the state
and county mentioned, personally appeared fir;/ 1anit�4 with
whom I am personal acquainted (proven to me on ths basis o f satisfactory evidence), and who further
acknowledged that -7� y le,/,,Le /,,Le is the .4t,tt (�Gfit e -i (title) of the maker or
constituent of the maker and is authorized by the maker or its constituent, the constituent being authorized by the
maker, to execute this instrument on behalf of the maker.
IN WITNESS WHEREOF, I1 hereunto set my hand and official seal.
My Commission expires: h •h
Title eRe5 �e��+n F.
ANJI TAYLOR NOTARY PUBLIC
COUNTY OF Vi i' j STATE OF
LINCOLN ,1' !1, WYOMING
MY COMMISSION RES AUGUST 3, 2013
Subordination Agreement (270011) Order Number: 25212073 Page 2 of 3
"1 ra
Exhibit A
Legal Description
The Land referred to in this Commitment is described as follows:
Lot 3 of Bear Hollow Twin Homes Subdivision, Lincoln County, Wyoming as described on
the official plat filed on June 20, 2000 as Instrument No. 866535 of the records of Lincoln
County Clerk.