HomeMy WebLinkAbout975259This instrume was pre
Name: Armentrout
Green Tree Servicing LLC
7360 South Kyrene Road T316
Tempe, AZ 85283
When Recorded return to:
Green Tree Servicing LLC
Mortgage Amendments Department
7360 South Kyrene Road T316
Tempe, AZ 85283
MERS Phone 1- 888 679 -6377
Acct #68026918 MIN# 100015700075519831
Subordination Agreement is null and void if: Not recorded within 90 days of effective date, corrections
or changes are made or aforementioned subordination conditions are not met.
Effective Date: January 27, 2014
WHEREAS, Mortgage Electronic Registration Systems, Inc. "MERS which is acting solely as nominee for the
Lender, Bank of Jackson Hole,. And whose address is P.O. Box 2026, Flint, MI 48501 -2026, and holder of a
mortgage in the amount of $74,250.00, dated December 06, 2006 and recorded December 11, 2006, as Instrument
No. N/A Book 642, Page 896, hereinafter referred to as "Existing Mortgage on the following described
property,
MERS Subordination Mortgage, 02/18/2013
975259 2/13/2014 2:42 PM
LINCOLN COUNTY FEES: $24.00 PAGE 1 OF 5
BOOK: 828 PAGE: 117 MTG, SUBORDINATION OF
JEANNE WAGNER, LINCOLN COUNTY CLERK
i 1111111111111111III11III II111111111l 1111111111111111111111111111111111111
SUBORDINATION OF MORTGAGE
FRM -102 1 of 4
Property Description:
THE PART OF THE SEV4NW'N AND THAT PART OP THE NE'1,SW 4 OF SECTION 23, T36N, R119W, LINCOLN COUNTY,
WYOMING, IT BEING THE INTENT TO AMEND AND MORE CORRECTLY DESCRIBE TRACT 3 OF THE STEWART
CR1 eK TRACTS AS SAID TRACT 3 IS DEPICTED ON AN UNFILED PLAT TITLED "PROPERTY PLAT STEWART CREEK
TRACTS DATED JULY-AUGUST 1973 AND PREPARED BY IVAN L. CALL, PE/LS 274, AND DESCRIBED IN THAT
DEED OF 8ECORD IN THE OFFICE OF THE CLERK OF LINCOLN COUNTY IN BOOK 118 OF PHOTOSTATIC RECORDS
ON PAGE 14, AS FOLLOWS:
BEGINNING AT THE NORTHEAST CORNER OF SAID NE %SW%;
THENCE S00°- 00' -00 "W, 652.97 FEET, ALONG THE EAST LIRE OF SAID NE''ASW'/4; TO A POINT ON THE LINE COMMON
TO SAID TRACT 3 AND TRACT 5 OF SAID STEWART CILEEIC TRACTS;
THENCE N89'- 08' -48 "W, 538.19 FEET, ALONG SAID COMMON LINE, TO TFIE SOUTHWEST POINT 01 SAID TRACT 3
ON THE EASTERLY RIGHT -OF -WAY LINE OF ELLIS ROAD AS DEPICTED ON SAID PLAT;
THENCE NOV-172-31"W, 808,10 FEET, ALONG SAID EASTERLY RIGHT -OF -WAY LINE, TO TEE SOUTHWEST POINT OF
TRACT I OF SAID STEWART CREEK TRACTS OF RECORD IN SAID OFFICE IN BOOK 465 OF PHOTOSTATIC RECORDS
ON PAGE775 AS SAID TRACT 1 IS DEPICTED ON THAT PLAT OF RECORD IN SAID OFFICE, TITLED, "JACK E. AND
TESS B. CORSI PLAT OF TRACT WITHIN EfiNW'% SECTION 23 T36N RI 19W LINCOLN COUNTY, WYOMING DATED 9
OCTOBER 1992, A5 REVISED AND FILED AS PLAT NUMB 3R 5Q G;
T1-1ENCL SS9 08'418 "E, 54.1.14 FEET, ALONG TIIE SOUTH LINE OF SAID TRACT 1, TO THE SOUTHEAST POINT OF
SAID TRACT 1, ON THE EAST LINE OF SAID SE'VNW A;
THENCE S00 00' -00 "W, 155.07 FEET, ALONG SAID EASTLINE, TO THE CORNER OF BEGINNING.
Property Address: 267 R.imkre Rd, Etna, Wyoming 83118
WHEREAS, Green Tree Servicing L..LC is the servicer or sub- servicer, hereinafter referred to as "Servicer,"
for the note that is secured by the Existing Mortgage;
WHEREAS, David Corbin. an unmarried man as owner(s) (the "Owners") of said property desire to refinance the
first lien on said property;
M.IRS Subordination Mortgage, 02/18/2013 FRM -102 2 ofLI
WHEREAS, it is necessary that the new lien to Nationstar Mortgage LLC DBA Greenlight Loans, its successors
and/or assigns, which secures a note in the amount not to exceed Three Hundred Sixty One Thousand Two
Hundred Dollars and 00 /100 ($361,200.00), hereinafter referred to as "New Mortgage be a first lien on the
premises in question. Said New Mortgage is recorded concurrently herewith,
WHEREAS, MERS and the Servicer are willing to subordinate the lien of the Existing Mortgage to the lien of the
New Mortgage with the condition that there are no funds from the closing disbursed to the Owners;
NOW THEREFORE, in consideration of the promises and other good and valuable consideration, the receipt of
which is hereby acknowledged, MERS and the Servicer hereby subordinate the lien of the Existing Mortgage to the
Lien of the New Mortgage conditioned upon the above referenced provisions, so that the New Mortgage will be
prior and superior in all respects and with regard to all funds advanced thereunder to the lien of the Existing
Mortgage.
Witness 2 Stacy Taylor
State of Arizona}
County of Maricop. ss.
On the day o
Mortgage Electronic Registration Systems, Inc.
Bryent Armerl� out
Assistant Secretary
in he year before me, the undersigned, personally appeared
k l 1'1 Armentr out Assistant Secretary of Mortgage Electronic Registration
Systems, Inc., personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s)
whose name(s) is(are) subscribed to the within instrument and acknowledged to me that he /she /they executed the
same in his \her \their \capacity(ies), that by his\her \their signature(s) on the instrument, the individual(s), or the
person upon behalf of which the individual(s) acted, executed the instrument, and that such individual made such
appearance before the undersigned in the City of Tempe, State of Arizona.
Not. ignature
MERS Subordination Mortgage, 02/18/2013
Maria Ramirez
Notary Public
Marlowe County, Arizona
My Comm. Expires 02 -05 -17
FRM -102
3 of 4
Witness 2
State of Arizona}
County of Maricopa} ss.
On then day of
Mic
Stacy Taylor
Erickson
as Assistant Vice President of Green Tree Servicing LLC,
personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s) whose name(s)
is(are) subscribed to the within instrument and acknowledged to me that he /she /they executed the same in
his \her \their \capacity(ies), that by his \her \their signature(s) on the instrument, the individual(s), or the person upon
behalf of which the individual(s) acted, executed the instrument, and that such individual made such appearance
before the undersigned in the City of Tempe, State of Arizona.
the year before me, the undersigned, personally appeared
Green Tree Sep4 g LLC
.ii
Mara Ramirez
Notary Public
Marieopa County, Arizona
My Comm. Expires 02- 05-17
MERS Subordination Mortgage, 02/18/2013 FRM -102
Assistant Vice President
4 of 4
Order No.: FCPF- 7001304916
For APN /Parcel ID(s): 12- 3619 -23 -3- 00- 376.00
EXHIBIT "A"
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF ETNA, 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:
THE PART OF THE SE1 /4 NW1 /4 AND THAT PART OF THE NE1 /4SW1/4 OF SECTION 23, T36N,
R119W, LINCOLN COUNTY, WYOMING, IT BEING THE INTENT TO AMEND AND MORE
CORRECTLY DESCRIBE TRACT 3 OF THE STEWART CREEK TRACTS AS SAID TRACT 3 IS
DEPICTED ON AN UNFILED PLAT TITLED "PROPERTY PLAT STEWART CREEK TRACTS DATED
JULY AUGUST 1973 AND PREPARED BY IVAN L. CALL, PE /LS 274, AND DESCRIBED IN THAT DEED
OF RECORD IN THE OFFICE OF THE CLERK OF LINCOLN COUNTY IN BOOK 118 OF
PHOTOSTATIC RECORDS ON PAGE 14, AS FOLLOWS:
BEGINNING AT THE NORTHEAST CORNER OF SAID NE1 /4S W1/4;
THENCE S00 00' -00 "W, 652.97 FEET, ALONG THE EAST LINE OF SAID NE1 /4SW1/4, TO A POINT
ON THE LINE COMMON TO SAID TRACT 3 AND TRACT 5 OF SAID STEWART CREEK TRACTS;
THENCE N89 08' -48 "W, 538.19 FEET, ALONG SAID COMMON LINE, TO THE SOUTHWEST POINT
OF SAID TRACT 3 ON THE EASTERLY RIGHT -OF -WAY LINE OF ELLIS ROAD AS DEPICTED ON
SAID PLAT;
THENCE N00 12' -31 "W, 808.10 FEET, ALONG SAID EASTERLY RIGHT -OF -WAY LINE, TO THE
SOUTHWEST POINT OF TRACT 1 OF SAID STEWART CREEK TRACTS OF RECORD IN SAID
OFFICE IN BOOK 465 OF PHOTOSTATIC RECORDS ON PAGE 775 AS SAID TRACT 1 IS DEPICTED
ON THAT PLAT OF RECORD IN SAID OFFICE, TITLED, "JACK E. AND TESS B. CORSI PLAT OF
TRACT WITHIN E1/2 NW1 /4 SECTION 23 T36N R1 19W LINCOLN COUNTY, WYOMING DATED 9
OCTOBER 1992, AS REVISED AND FILED AS PLAT NUMBER 50 -G;
THENCE S89 08' -48" E, 541.14 FEET, ALONG THE SOUTH LINE OF SAID TRACT 1, TO THE
SOUTHEAST POINT OF SAID TRACT 1, ON THE EAST LINE OF SAID SE1 /4 NW1 /4;
THENCE S00 00'00 "W, 155.07 FEET, ALONG SAID EAST LINE, TO THE CORNER OF BEGINNING.