HomeMy WebLinkAbout973133xecoratng xequestea tsy tsz xetum 1 o:
Chicago Title SeiviceLink Division
4000 Industrial Blvd
Aliquippa, PA 15001
SUBORDINATION OF MORTGAGE
RECEIVED 9/6/2013 at 2:45 PM
RECEIVING 973133
BOOK: 819 PAGE: 726
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
113104g8ly
FROM 1st Bank, Division of Glacier, with its primary office address at 716 Pine Avenue, Kemmerer, WY
83101 (hereinafter called "Mortgagee
TO BANK OF AMERICA, N.A., with its primary office address at 1305 MALL OF GEORGIA BLVD,
BUFORD, GA 30519 (hereinafter called "Lender
Whereas, Mortgagee is the holder of a valid mortgage granted to SAM A. MORTON AND JANE P. MORTON,
HUSBAND AND WIFE AS TENANTS BY THE ENTIRETIES (hereinafter called "Owner covering certain
real property owned by Owner and located at 1122 7TH WEST AVE KEMMERER WY 83101, more fully
described on Exhibit "A" hereto and incorporated herein (hereinafter called "Property which mortgage secured
a note dated 01/07/2009 in favor of 1st Bank, Division of Glacier in the original principal sum of $15,305.00
which recorded on 01/12/2009 in the LINCOLN County Recorder's Office, at INSTRUMENT NO.: 944640,
(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 $50,600.00, dated KIliti 232,0i5, 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 (230157) Order Number: 25641745
Page 1 of 3
O "i26
WITNESS this the 15th day of July 2013
ATTEST:
(LOO hS PC)
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
t
LIC�
My Commission expires:,... A lia /2, L01
Subordination Agreement (230157) Order Number: 25641745
Print Name Teresa A. Frommel
Title Branch President
AUBREE JUDGE NOTARY PUBLIC
COUNTY OF STATE OF
LINCOLN 4 WYOMING
MY COMMISSION EXPIRES JANUARY 12 ,2016
2. This' subordination shall be binding upon and insure to the benefit of the respective heirs,
successors and assigns of MORTGAGE and LENDER.
1st Bank, Division of Glacier Bank
Name of Corporation
STATE OF Wyoming
COUNTY OF Lincoln
On this thel5Lh day of July 20 13 before me, the undersigned officer of the state
and county mentioned, personally appeared Teresa A. Frommel with
whom I am personally acquainted (proven to me on the basis of satisfactory evidence), and who further
acknowledged that she is the Branch President (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.
Page 2 of 3
Legal Description
Exhibit "A"
The Land referred to in this Commitment is described as follows:
Lot 12 of Block 6 of the Lincoln Heights 4th Subdivision of the Town of Kemmerer,
Lincoln County, Wyoming, as described on the official plat thereof.
PIDN #2116- 23 -2 -06- 085.00
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