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SUBORDINATIQN AGREEMENT
590 51 oI c
NOTICE:
THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN
THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE
LEIN OF SOME OTHER OR LATER SECURITY INSTRUMENT.
This instrument is made as of May 9, 2014 by Meridian Trust Federal Credit Union a
Corporation, having its principal place of business at Cheyenne WY.
RECITALS
By:
MERIDIAN TRUST F.C.U. is the holder of a note secured by a mortgage (the "Second
Mortgage on the Mortgaged Property, dated July 23, 2009executed by Aaron M Miller, a
single man, and recorded on August 10, 2009 AS INSTRUMENT NO. 948837 BOOK 729,
PAGE 448 IN the property records of Lincoln COUNTY, WY, pertaining to the real estate
located at and further described as follow (the Mortgaged Property):
193 Lilac Drive, Star Valley Ranch WY 83127
Lot 132 of Star Valley Ranch Plat 5, Lincoln County, Wyoming as described on the official
plat filed on June 30, 1971 as instrument No. 413709 of the records of Lincoln County,
Wyoming
B. The Second Mortgage held by MERIDIAN TRUST F.C.U. is junior and subordinate to a
Mortgage (the "First Mortgage held by MORTGAGE ELECTRONIC REGISTRATION
SYSTEMS INC. AS A NOMINEE FOR HOMECOMINGS FINANCIAL NETWORK
INC. the Mortgaged Property, that Aaron M Miller, a single man, owner(s) of the Mortgaged
Property desire to refinance the First Mortgage loan on the Mortgaged Property.
For good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, MERIDIAN TRUST F.C.U. agrees as follows:
1. The Second Mortgage held by MERIDIAN TRUST F.C.U. shall be subject and
subordinate to a new mortgage "New Mortgage securing a loan originated by
Nationstar Mortgage LLC, as their respective interests may appear PERTAINING to
the Mortgaged Property and securing a note in an original principal amount not to exceed
$148,500.00 (ONE HUNDRED FORTY EIGHT THOUSAND FIVE HUNDRED
DOLLARS) bearing interest at a rate not to exceed 4.125% per annum, and made
primarily for the purpose of refinancing the First Mortgage loan. Mortgage recorded
(u c I Lovi -S Doc. 911 U5 5
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2. MERIDIAN TRUST F.C.U. acknowledges that NATIONSTAR MORTGAGE is
relying on this instrument in making the loan secured by the New Mortgage.
MERIDIAN TRUST F.C.U. agrees that the new Mortgage shall have the same validity,
priority, and effect as if executed, delivered and recorded prior to the date of the Second
Mortgage, provided, however, that nothing in this instrument shall in any way alter,
change or modify the terms and conditions of the Second Mortgage, or in any way release
or affect the validity or priority of the Second Mortgage, except as provided herein
Entered this 9TH Day of May 2014
Bookn`t
Page a al
ST FEDERAL CREDIT UNION
K. L. Stubbs, Chief Lending Officer Sr Vice President
977292 7/2/2014 2:48 PM
LINCOLN COUNTY FEES: $18.00 PAGE 1 OF 3
BOOK: 835 PAGE: 438 MTG, SUBORDINATION OF
JEANNE WAGNER LINCOLN COUNTY CLERK
IIIII III III III 1IIIII I III 1IIII III IIIII II it 1I I III II IIIIIII
'STATE OF WYOMING
COUNTY OF LARAMIE
On this 9th Day of May 2014, before me, a Notary Public, personally appeared K. L. Stubbs„
and who being by me duly sworn, subscribed his name to the foregoing instrument as an officer
of said corporation and acknowledged the execution of such instrument as the voluntary act and
deed of said corporation.
Notary Public:
My Commission Expires:
a'. a-QLS
Beverly Dowling NOTARY PUBLIC
County of State of
Lararni@ Wyoming
Ally Commission Expfmas February 4, 2015
Tax Id Number(s):34190120404300
EXHIBIT A LEGAL DESCRIPTION
Land Situated in the County of Lincoln in the State of WY
LOT 132 OF STAR VALLEY RANCH PLAT 5, LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE
OFFICIAL
PLAT THEREOF.
Commonly known as: 193 LILAC DR THAYNE, WY 83127
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