HomeMy WebLinkAbout894925WHEN RECORDED RETURN TO:
Zions First National Bank
FILE REVIEW
P.O. BOX 30160
SLC, Utah 84130-0160
4230004015193
12-2419-08-1-04-012
JEFF WEBB
89[ 925
RECEIVED
LINCOLN COUNTY CLERK
03 OCT 30 PH 2:32
JEANNE WAGNER
SUBORDINATION AGREEMENT
KNOW ALL MEN BY THESE PRESENTS:
This Declaration of Subordination is executed and delivered this 17 day of SEPTEMBER
, 2003, by Zions First National Bank, in favor of MOUNTAIN STATES MORTGAGE CENTER
INC., as follows:
Zions First National Bank, for and in consideration of the sum of One Dollar and Other
valuable consideration, the. receipt and sufficiency of which is hereby acknowledged, does
hereby certify and declare that the lien of that certain trust deed, made and executed by
CHAUNCEY RICHARD ROBERTS JR AND DIXIE ROBERTS, as Trustor, in favor of Zions First
National Bank, as Beneficiary, dated SETPEMBER 7, 2000, recorded SEPTEMBER 28, 2000,
in Book 453, at Page 001, Entry Number 868616, in the office of the County Recorder of
LINCOLN county, State of WYOMING, is hereby subordinated and made inferior to the lien of
that certain trust deed not to exceed the amount of $41,000.00 Dollars, dated
October 12 , 2003 executed by CHAUNCEY RICHARD ROBERTS JR AND
DIXIE ROBERTS, as Trustor, in favor of MOUNTAIN STATES MORTGAGE CENTER INC., as
Beneficia_ry, and recorded October 30, ,20O3, as Entry No. ~qL~q.gL~, in Book
~-g{o tP~, at Page .b-~5-- , in the office of the County Recorder of LINCOLN ~o~nty, State
of WYOMING; and said trust deed in favor of MOUNTAIN STATES MORTGAGE CENTER INC.
is hereby declared to be senior to and a superior lien over the trust deed in favor of Zions First
National Bank.
In the event of foreclosure or sale of either indebtedness, the priority shall be respected
aS herein established.
The real property referred to in the above referenced trust deeds is situated in LINCOLN
County, State of WYOMING and is more particularly described as follows:
LOTS 4, 5 AND 6 OF BLOCK I OF THE HEUETT ADDITION TO THE TOWN OF COKEVILLE,
LINCOLN COUNTY, WYOMING AS DESCRIBED ON THE OFFICIAL PLAT THEEROF.
IN WITNESS WHEREOF, Zions First National Bank has executed this Subordination
Agreement as of the date first abOve written.
Zions First National Bank'----')
~Name: L.
Title: VICE PRESIDENT
STATE OF UTAH )
'SS
COUNTY OF SALT LAKE
/~/~be forep_u3~R~ instrument was acknowledged before me this 17 day of SEPTEMBER
'~/~~~~~ VICE PRESIDENT of Z ions First National Bank.