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HomeMy WebLinkAbout890873TOOT 5%4 PR PAGE 255 EXECUTIVE VICE PRESIDENT STATE OF Wyoming ss County of Lincoln 04017959 898873 SUBORDINATION AGREEMENT CORPORATE ACKNO EDGEMENT RECE_IVEI LINCOLN COUNTY CLERK CE P. ROBINSON CE PRESIDENT 0) 111 17 PH 2: 1 1 i ■P ir- �E �_j -i- L_ KNOW ALL MEN BY THESE PRESENTS: For good and valuable consideration in hand received, The Bank of Star Valley, a Wyoming Banking Corporation the State of Wyoming Does hereby subordinate that certain mortgage Between ROD R. JENSEN AND ILEENE C. JENSEN husband and wife Recorded September 27, 2001 in Book 473 Page 620 as Filing No. 876206 Of the Official Records of the County Recorder of Lincoln County, State of Wyoming to that certain Mortgage (Deed of Trust) dated the 10 day of June, 2003 in the amount of $70,000.00 in favor of Mortgage Electronic Registration Systems, Inc. as a nominee for Major Mortgage it successors and /or assigns to be recorded concurrently herewith. Legal Description: See Exhibit "A" Attached Hereto and made Apart Hereof Witness the hand of said grantor this day of 2003 On the `7 day of A.D. 2003, personally appeared before me bill Ponciano, who being by me ly sworn, did say that he is the Executive Vice President respectively of the Bank of Star Valley, A Wyoming Corporation and that the said instrument was signed in behalf of said corporation by authority of THE BOARD OF DIRECTORS, and aforesaid officers acknowledged to me that said corporation executed the same. otary Publ c Commission Ex ires: Residing in: a.,-)"7C'G9.4_ 4 08%)873 EXHIBIT "A" That part of Lot 3, Block 2 of the Original Townsite of Afton, within Section 30, T32N, RI18W, Lincoln County, Wyoming being part of that tract of record in the Office of the Clerk of Lincoln County, in Book 142 P.R., Page.29 and all of that tract of record in the said Office in Book 183 P.R., Page 759, described as follows: BEGINNING at the Southwest corner of said tract of record in Book 183 P.R., common to the Northwest Corner of said tract of record in Book 160 P.R., Page 209 of the West line of said Block 2, N01 45'56 "E, 82.50 feet from the Southwest Corner of said Block 2; thence N01 45'56 "E, the base bearing for this survey, 100.00 feet along the said West 183 P.R. to the Northwest Corner of said tract and common to the. Southwest Corner of that tract of record in Book 1.52 P.R:, Page 637;' thence •S88 "W, 85.43 feet. along a common line, in part to said tract of record in Book 183 P.R., and Book 152 P.R. to a point on•an existing North -South fence;. thence S02 °13.7'W, 100.00 feet along said existing fence to a point; thence N88 14'04 "W,.84.61 feet along a common line, in part to said tract of record in Book 183 P.R.,and Book 160 P.R. to the corner of beginning; each point and corner. marked by a steel T- shaped stake 24" long with metal cap inscribed "PAUL N. SCHERBEL'RLS 164 SURVEY POINT all in accordance with the plat prepared and to be filed in said office titled "Plat of Block 2, Lots 2 and 3, Original Townsite of Afton within Section 30, T32N, R118W, Lincoln County, Wyoming, dated July 5, 1982 revised October 4, 1982. 256