HomeMy WebLinkAbout975167Mortgage Subordination Agreement
Account No. 5282
This Agreement is made January 15, 2014, by and between U.S. Bank National Association as successor by
merger with U.S. Bank National Association ND "Bank and Nationstar Mortgage LLC dba Greenlight Loans
"Refinancer
Bank is the mortgagee under a mortgage (the "Junior Mortgage dated January 30, 2004, granted by Ross Myers
and Janette I Myers, husband and wife "Borrower"), and recorded in the office of the County Recorder, Lincoln
County, Wyoming, on February 4, 2004, as Book 547 Page 582 Document No. 897074, encumbering the real
property described therein (collectively, Vie "Property Refinancer is the mortgagee under a mortgage (the "Senior
Mortgage dated k air 20 granted by the Borrower, and recorded in the same
office 114 1- Ci)1 11, CVO O 'G`r2.'e tl
encumbering the property. To induce Refinancer to make a loan to the Borrower secured by the Senior Mortgage,
Bank has agreed to execute and deliver this Subordination Agreement.
ACCORDINGLY, in consideration of the premises and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Bank hereby agrees with Refinancer that the lien of the Junior
Mortgage on the Property is and shall be and shall remain fully subordinate for all purposes to the lien of the Senior
Mortgage on the Property, to the full extent of all sums from time to time secured by the Senior Mortgage; provided,
however, that the total indebtedness secured by the Senior Mortgage does not exceed $204,800.00, exclusive of
interest thereon, amounts advanced to protect the lien and priority of the Senior Mortgage, and costs of collection,
and provided further, that this agreement shall not be effective until each other mortgage or other lien recorded
against the property (other than the Senior Mortgage) and each judgment that is a lien against the Property shall be
subordinated of record to the lien of Senior Mortgage.
Legal Description: See Attached Legal AS 5j(. 1'AVC" r it
Property Address: 5476 State Line Rd., Freedom, WY 83120
IN WITNESS THEREOF, this Subordination Agreement is executed on the day and year first above stated.
STATE OF Wisconsin
COUNTY OF Winnebago
Prepared by: A ley Parker
975167 2/3/2014 1:47 PM
LINCOLN COUNTY FEES: $15.00 PAGE 1 OF 2
BOOK: 827 PAGE: 715 MTG, SUBORDINATION OF
JEANNE WAGNER LINCOLN COUNTY CLERK
11 11111 IIIIII 1111 111111 illll 11 1 III IIIII 11 111 11111 11111 III 111111
U.S. Bank National Association
as successor by merger with U.S. Bank National Association ND
By: Steven Barnes, Vice President
The foregoing instrument was acknowledged before me January 15, 2014, by Steven Barnes, Vice President, of U.S.
Bank National Association as successor by metgerwit U.S. Bank National Association ND, a national banking
association, on behalf of the association.
Janet l•rth, Notary Public
My \tg mission Expires: 10/18/2015
JANET K ORTH
Notar Public
State of Wiconsin
This instrument was drafted by: US Bank Corporate Loan Servicing Center, 1850 Osborn Ave, Oshkosh, WI 54902
Order No.: FCPF- 7001304783
EXHIBIT "A"
For APN /Parcel ID(s): 12- 3519- 33 -2 -00- 075.00 AND 12- 3519- 33 -2 -00- 080.00
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF FREEDOM, COUNTY OF
LINCOLN, STATE OF WYOMING AND IS DESCRIBED AS FOLLOWS:
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF LINCOLN, STATE OF
Wyoming, AND IS DESCRIBED AS FOLLOWS:
PART OF SECTION 33, TOWNSHIP 35 NORTH RANGE 119 WEST OF THE 6TH P.M., LINCOLN
COUNTY, WYOMING BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS.
BEGINNING AT A POINT WHICH IS 78 RODS SOUTH OF THE NORTHWEST CORNER OF LOT 1 OF
SAID SECTION 33 AND RUNNING THENCE EAST 20 RODS;
THENCE SOUTH 4 RODS;
THENCE EAST 20 RODS;
THENCE SOUTH 18 RODS;
THENCE WEST 40 RODS;
THENCE NORTH 22 RODS TO THE POINT OF BEGINNING.
LESS AND EXCEPT THEN LAND DESCRIBED IN WARRANTY DEED RECORDED AUGUST 15, 1975
IN BOOK 120PR ON PAGE 299 OF THE RECORDS OF THE LINCOLN COUNTY CLERK.