HomeMy WebLinkAbout886087 SUBORDINATION AGREEMENT
886087
KNOW' ALL MEN BY THESE PRESENTS'
For good and valuable consideratiOn in hand received,
RECEIVED
LINCOLN COUNTy OLERK
The Bank Of Star Valley, a Wyoming Banking Corporation
the State of Wyoming
does hereby subordinate that certain mortgage
'BOOK ~-a,..~,o PR PAGE
Between DENNIS L. AND KORAL A. SANDERSON husband and wife
Recorded JANUARY 26, 1998 in Book 406 page 825 as Filing No.. 848156
Of the Official Records of the County Recorder of Lincoln County, State of Wyoming
Covering land described in Schedule "A" attached hereto, to that certain Mortgage
(Trust Deed) dated the 1ST day of NOVEMBER 2002
Between Major Mortgage its Successors and or Assigns, a Wyoming Corporation
And. DENNIS L. AND KORAL A. SANDERSON husband and wife
Recorded November 7, 2002 inBook 504 P.R.page 85 as Filing No.
885395
In the office of the Recorder of Lincoln County, Wyoming, in the stun of$. 101~000.00
Legal Description:
SEE ATTACHED EXHIBIT "A"
STATE OF/..c, ~ -}
ss
County o¢...~C~,~ }
On the /z/"7~ day of -,//z)~xt~'~ A.D. 2002, personally
Appeared before me /~7~'~¢//~. ~-~'~.,/7_~5*~/~
Who, being bv me'duly swom, did say that ~ he is (ge) the
and that the
Said instrument was si~d in behalf of said co~oration by authoriw of
And aforesaid officers acknowledged to me that said corporation executed the same.
l~o't ary Public
Commission E~pires:
Res~&ng ~n
. ~ Jan ~_4,'
That part of Lot 2, Block' 11 of the' Original Townsite of Af~
being part of those tracts of r~ord in the Clerk of Lincoln
County in ~ook ~6~ P.R., Page 706, B~k ~79 P.R., Page 507 and
Book 236 P.R., Page ~00 descr~ as
BEGI~ING at a Do~t on .the Nor~ line of said Lot 2, S79"
23.6'E, 321.80 feet fr~ Ivan L. ~i1 ~ 274 muller water cap
at the approx~te ~tersecti~ of Second Avenue ~d ~dison
Street; thence SO1"43. ~ 'W, !6~.23 feet alon~ an existing fence,
in part, to 1 inch iron piDe w&~ yellow cap inscribed "~S
595"; thence continuing'S01~43~l,W, 7.54 feet along said fence
to a. PK nail with =etal ~scr~ "PA~ N~ S~EL ~S1 64
S~y ~OI~', at the base of ~ existing fence corner; thence
N88~54'~7'W, 15.55 feet along .~ existing fence to a ~int
base of ~ existing f~ce corner; thence .S02~34.8,W, 8.07 fee~
along an .existing fence to a 2" X 4' long galv~ized .steel fence
~orner...post;" thence N89~52.l,W,. 82 17 f
..:enc- ~o 'a' ..:.~ · ..... · . , .... ~t alon ~ e " ·
~s~znq =snce to a ~.~ ~.~=,_ .S.~, yt~.=y, re.= along an'' .. '.'.
feet ' · ~ ...... , ~nence-con=lnuing N01.42.8,E, 97.00
along ~ ~isting' fence to a'. i ~ch iron DiDe with yellow
cap inscribed "~595";' thence continuing NO1? 42.8'E, 2.00 feet
along an exist~g f~e to a ~t on the North line of said Lot
2: thence S88-14.1,E, 97.85 feet alon~ the said North line to
the Point of
16:19 No.Ol$ P.O5