HomeMy WebLinkAboutA005 - Mortgagee's Subordination INST.NO.
02 - 14314
RETURN TO: STORY COUNTY, IOWA
FILED FOR RECORD V�4&
AMES CITY CLERK
BOX 811 SEP 2 0 2002 PM D
A14ES IOWA 50010
SUSAN L VANDE KAMP,Recorders V—
FCC.FEE$.1Q:00_AUD.FEE$__-:,__
S P A C E A B 0 V E R E S E- R V E D F 0 R 0 F F I C I A L U S E
PREPARED BY: Franklin J.Feilmeyer,618 Douglas Ave.,P.O.Box 270,Ames,IA 50010—Telephone:515-239-5000
MORTGAGEE'S SUBORDINATION
KNOW ALL PERSONS BY THIS INSTRUMENT THAT:
m Boone Bank and Trust Co. (the "Mortgagee") is the present owner of that certain Mortgage
given by Stanton I, L.L.C., to Boone Bank and Trust Co., filed in the office of the Recorder of Story
�- County,Iowa on July 17,2002,and recorded as Instrument Ns 02-10314.
�l WHEREAS,the Mortgagee has been requested to subordinate its rights under said mortgage to the
O rights of the Grantee, its successors and assigns, under the attached easement instrument and deems it ad-
visable to do so.
NOW, THEREFORE, the undersigned, for good and valuable consideration, agrees that whatever
right, title, lien, estate and interest the Mortgagee now has or may hereafter acquire in said real estate by
virtue of the aforesaid real estate mortgage same shall be junior,inferior and subordinate to the rights of the
C4 Grantee,its successors and assigns,under the attached easement instrument.
H IN WITNESS WHEREOF,the Mortgagee has caused this instrument to be executed on its behalf
on August 1,2002.
BOONE BANK AND TRUST CO.
v [sEAL] BY:
J ,Pre ent
S Ili E OF IOWA,COUNTY OF STORY, SS:
On August 1, 2002, before me the undersigned, a Notary Public in and for said state, personally
appe red JEFFREY K. PUTZIER to me personally known,who,being by me duly sworn,did say that he is
pr,sident of.said CORPORATION executing the foregoing instrument;that the seal affixed thereto is the
SEAL of the corporation;that said instrument was signed on behalf of said corporation by authority of its
Board of Directors; and that the JEFFREY K. PUTZIER as such officer acknowledged the execution of
C said instrument to be the voluntary act and deed of said corporation,by it and by them voluntarily executed.
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FJG ✓200208C1155515 SHARP,JAHN,FEILMEYER,FEILMEYER&KEENAN,plc
Attorneys at Law•Ames,Iowa