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SUBORDINATION AGREEMENT
KNOW ALL MEN BY THESE PRESENTS' BOOK'~L~-4 pRpAGE
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
Betxveen Kirby D. Booth and Patrecia L. Booth husband and wife ,.'
Recorded April 30~ 2002 in Book 488 Page 442 as Filing No. 880627
Of the Official Records of the County Recorder of Lincoln County, State of Wyoming
4th December
to that certain Mortgage (Deed of Trust) dated the ~ day of .-~,,~e,jmlyp_ 2003 in
the
amount of $124,900.00 in favor of MERS as nominee for Principal Residential
Mortgage, its successors and assigns as defined in paragraph 1 (a) of the Conditions
and Stipulations of the policy to be recorded
concurrently herewith.
Legal Description:
See Description Attached hereto and made a part hereof
PRESE
STATE OF
County of
grantor tiffs D> day of ,,~.~ ,2003.
~ EAN ~C~P. ROBINSON
ENT :~ICE~ PRESIDENT
/
ORPOR T
} Wyoming
} ss
} Lincoln
}
On the 0> day of -~h/_) · , A.D. 2003, personally appeared before me Rod
R. Jensen, who being by me duly sworu, did say that he is the President respectively of
the Bank of Star Va!ley, 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.
369
DESCRIPTION
FOR KIRBY D. BOOTH AlfD PATRECIA L~. B00~H
PARCEL A
To-,wi t: - -
That part' of the 'WHNE~ of section ~4~': T3'l~, RllgW Lincoln
County," Wyoming,. belH~ 'parE: of'. that' tra'c~ "of 'record in the
~ffice' 'of'. ~'ha' '/~ie~k 'of. Linc01n."c~un[y ' in' Boo'k '420 of
Photostatic RaC6~d'a 'on'.pa~.e'.a'65,"-d&iscribed as' follows:
BEGINNING at the northwest .corSer of said W~NEW;
""thence'N89°'~6'-o:4"E, 165.01.'feet, alg~9"'t'he' north line of said
W~NEW;
of ~aid W~NE'~;. ~O a'..'point.on:'th~.sou~h line Of'said tract;
thence N00o.~.22L-t6,,E/ ..1363[60 'feet,-' alon~ said we~t line, to
the CORNER.OF BEGINNING; '. ·
ENCOMPASSING an area of '5'.17 acres, more or les's;
S~bject..to an' 'ea'sement. for the D~y Creek. County Road No.
12-146; ~ ..
the' BASE BEARING f'or.~hi's survey is the north line of the NW~
of. Section 14~ 'T3~N, Rllg~'bein~ s8'9.-43,200,W;
each "corner', found as described in the Cor~er Record ~iled in
tile Office of.the clerk, of Lincoln C~unt~;
·
each "p6int"-marked b a'5/8.!,/x 2.~,, steel reinforcin~ rod with
a 2" aluminum cap. inscribed,-"SURVEYOR SCHERBEL LTD AFTON WY
PLS 5368", wi'th appropriate details;
all in'accordance with the plat 'prepared to b'e filed in the
Offi'ce of the Clark' of Lincoln County. titled, "'PLAT TO
ACCOMPANY PARCEL 'DI'VISION':.:A'PPLiCATiON FOR KIRBY D. BOOTH kND
PATRECIA L. BOOTH WITHIN 'THE W~NE~ SECTION 14 T31N RllgW
....... . .~.'~..:~.~, ._
"Modillcalio'n Ir~ ar%y wa), o[ lbo Ioregoln§ descrlplion lermlnales Ilahililv' n! Ihn
BORROWER'S ACKNOWLEDGEMENT TO SUBORDINATE
~P~T~IA L. BOOTH
A CIG',/O WLED GMENT
STATE OF /Z~q/~ ~/'A~
BEFORE ME, L/¥/4JZ]).gdr~/~, /~.L9/__.2/~,/,-, A NOT,ARY PUBLIC, ON THIS DAY PERSONALLY
KNOWN TO ME TO BE ThE PERSON(S) WHOSE NAME(S) IS SUBSCPdBED TO THE FOREGOING
INSTRUMENT AND ACKNOWLEDGED TO ME THAT t4~YgH-E/TttEY EXECUTED THE SAME FOR THE
PURPOSES AND CONSIDERATION THEREIN EXPRESS.
GIVEN UNDER MY HAND AND SEAL OF OFFICE THIS /-//%~ DAY OF~:7.~/J~fl~JZ 2003
t'X LYNDA M. HEALEY
' ;:~t'~:-'~ Notary Public
,~ .: Lincoln County
'"'? Wyon'~ing.
. ,:.'~s~, ~'i Expires Dec 11. 2006.
~.;'~ LYNDA M. HEALEy
~'~1~'~-, ?,Z~ Notary Public
]~;~(j Lincoln County
~j~ Wyoming