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HomeMy WebLinkAbout904989SUBORDINATION AG Il I I.: ~ lENT NOTICE: THIS SUBORDINATION AGREE~II NT RESULTS IN YOUR SECURITY INTEREST IN THE PR~ II~I~R'FY BECOMING SUBJECT TO AND OF LOWER PRIORITY '11 .\N 'I't-IE LIEN OF SOME OTHER OR LATER SECURITY INSTRUlX 11· N 1' KNOW ALL MEN BY THESE PRESENTS' For good and valuable consideration in hand received, Ronald D. Gregory Does hereby subordinate that certain mortgage Between Brian Surer and Sherry Kay Suter, husband and wife, Mortgagors, and Ronald D. Gregory, Mortgagee, said mortgage in thc amount of $30,000.00 dated March 22, 2002, recorded April 3, 2002, in Book 486PR Page 599 of the Official Records of the County Recorder of Lincoln Coum,. Smtc of Wyoming, covering land located in Lincoln County, Wyoming and more parlicularly described in Schedule C attached hereto, to that certain mortgage dated the day of , 20 bc~xxeen The Bank of Star Valley, a Wyoming Corporation, Mortgagee, and Brian Il. suicr and Sherry Kay Surer, Trustees of the Brian H. and Sherry Iqay Surer r'a m ih Tyust dated September 16, 2002, Mortgagor, recorded \ ~r~-~ in Ig,~ok~'"/'.~ page~)~--~ as Filing No.C~.c~'~ in the omce of the recorder of Linc. I,, ( o-unty, Wyoming. Witness the hand of said grantor this Roriald D. Gr~go}y day of. ,20 STATE OF~ ) County of 0~c/1,~ fol. ) On the ~4~ day of~ A.D. 20 try-/, personally appeared before me Ronald D. Gregory, and acknowledged the foregoin~ in~mm~ent im~.riting. REOEIVED ~2/2/2004 at 4:32 PM RECEIVING~ 904989 (,om.~-i-:i0i~' .~x-..':.?~.~'n ss ~ =xp~res: ~~ BOOK: 513 PAGE: 868 ' ' ' JEANNE WAGNER LINCOLN COUN~ CLERK, KEMMERER, .................................. ALTA COMMITMENT - 1982 - WY 0869 Commitment No.: FA 12627 M SCHEDULE C The land referred to in this commitment is situated in the State of \Vyoming, County of Lincoln, and is described as follows: : Part of the E~SW~ of Section 14, T34N RllgW of the 6th P.M., Lincoln County, Wyoming being more particularly described as follows: Beginning at a point in the East lithe of U.S. Highway 89 said point being 333.383 feet, along a 1859.860 feet radius.curve to the Right (chord bears N 31°17'51'' W, 332.934 feet) from the Highway Monument found marking Station SC 1454+56.3; thence continuing along said 1859.860 feet radius curve to the Right (chord bears N 21°51'15'' W, 279.428 feet) 279.691 feet; thence N 80°40'10'' E, 155.440 feet; thence S 89032'24'' E, 120.590 feet; thence S 5°11'38'' E, 267.030 feet; thence S 84048'22'' W, 194.927 feet, ko the Point of Beginning. 11/91