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HomeMy WebLinkAbout979541herein ATEC 250708 State Farts Bunk Prepared by: Kelly Bobo, 8531831487 P.O. Box 5961 Madison, WI 57305-0961 Recording Information t 979541 12/2/2014 3:13 PM LINCOLN COUNTY FEES: $18.00 PAGE 1OF 3 BOOK: 844 PAGE: 204 MTG, SUBORDINATION OF JEANNE WAGNER, LINCOLN COUNTY CLERK 11111111 I I I I I I I l l 111111111111101111111111111111111111111111111111111111111111 SUBORDINATION OF MORTGAGE Whereas, Shawn J. Nelson and Nilda M. Nelson as party of the first part, has executed a mortgage to State Farm Bank, FSB. recorded on the 19th day of August, 2008, recorded in Recorder's Office of Lincoln County, WY, Book 702PR, Page 624, as security for an indebtedness of Fifty Thousand Dollars ($50,000) as evidenced by a note dated July 25th 2008 said mortgage encumbers the property described on Exhibit A attached hereto and incorporated b reference. And Whereas, the party of the first part has on the November 21, 2014, executed a mortgage in the amount of up to Two Hundred Forty Four Thousand Five Hundred Fifty Dollars ($244,550) in favor of Mortgage Electronic Registration Systems, Inc.,, as Nominee for STATE FARM BANK FSB, ISAOA, ATIMA, said mortgage recorded November 26 2014 as Document 979492 said mortgage on the real estate described above. Now Therefore, for and in consideration of the sum of ONE DOLLAR ($1.00), receipt of which is hereby acknowledged, the undersigned, State Farm Bank, FSB. does by these presents subordinate it's interest by virtue of the mortgage recorded as Book 702PR, Page 624, of Lincoln County, WY Recorders, to the lien of the mortgage executed by party of the first part on July 25 2008 Mk and recorded as Document 941429 in favor of Mortgage Electronic Registration Systems, Inc., as Nominee for STATE FARM BANK FSB, ISAOA, ATIMA. State Farm Bank, FSB. agrees that its interest under its mortgage as described above shall be subject and inferior to the new lien of the mortgage of the party of the first part to Mortgage Electronic Registration Systems, Inc., as Nominee for STATE FARM BANK ISAOA, ATIMA as described above. MERS Mortgage Electronic Registration Systems, Inc., Contact (1 888 679 6377) MIN Number 1004032 0062759147 9 In Witness Whereof, the undersigned have hereunto set their hands and seal this 19th day of November, 2014. STATE OF Missouri COUNTY OF St Louis State F Bank, FS By ed (62,4„//t/v, Angie Fr, uenhoffer, Mortgage S isor On this 19th day of November, 2014, before me appeared Angie Frauenhoffer to me personally known, who, being by me duly sworn, did say that he /she is the Mortgage Supervisor of State Farm Bank, FSB. and that the seal affixed to the foregoing instrument is the seal of said association and that said instrument was signed and sealed on behalf of said association by authority of its board of directors, and said person acknowledged said instrument to be the free act and deed of said association. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the county and state aforesaid on the day and year first above written. BARBARA A. KOLLIS Notry Public Notary Seal State of Missouri Commissioned for St. Charles County My Commission Expires: May 10. 2015 Commission Number. 11390662 My term expires: —10--1 5 1. 40 dr Al/ i rotary Public 250708. EXHIBIT "A" That part of the North Half Northwest Quarter of Section 7, Township 32 North, Range 118 West of the 6th P.M., Lincoln County, Wyoming, being part of that tract of record in the Office of the Clerk of Lincoln County in Book 215PR on page 35, described as follows: Beginning at a spike on the West line of Section 7, South 00 °05'00 East, 18705 feet from the Northwest corner of said North Half Northwest Quarter; Thence North 89 °45 East, 648.00 feet, along the South line of that tract of record in said Office in Book 189PR on page 5, in part, to a point; Thence North 00 °05'00 East, 187.05 feet, to a point on the North line of said Section 7; Thence North 89 °45'54" East, 649.58 feet, along said North line, to a point; Thence South 00 °14'06" East, 405.71 feet, to a point; Thence North 89 °5826" West, 1299.81 feet, to a spike on said West line; Thence North 00 °05'00 East, 212.74 feet, along said West line, to the Spike of Beginning.