HomeMy WebLinkAboutA011 - Mortgagee's Subordination dated February 11, 2001 INST.J1 - 04738
STORY COUNTY,IOWA � O
FILED FOR RECORD 40
APR 2 4 2001 P
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SUSAN L VANDE KAMP,Recorder S
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RETURN TOMMPARED BY: Franklin J.Feilmeyer,618 Douglas Ave.,P.O.Box 270,Ames,IA 50010—Telephone:515-239-5000
MORTGAGEE'S SUBORDINATION
Fifth Addition,Dauntless Subdivision,Ames,Iowa
WHEREAS, Union Planters Bank, National Association (the "Mortgagee") the present owner
of the mortgage given by Terra Firma,L.P., to Union Planters Bank,National Association, under date
of April 3, 2000, and filed in the office of the Recorder of Story County, Iowa, on April 3,'2000, and re-
corded as Instrument N2 00-03336, and therefore,Mortgagee has an interest in the real property described
in the"Easement"filed herewith as Instrument N2 01- o y 73 7,
WHEREAS, the Mortgagee has been requested to subordinate its rights under said mortgage to the
rights of the Grantee named in said"Easement,"its successors and assigns,and deems it advisable 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
Grantee, its successors and assigns, under the "Easement" filed herewith as Instrument N° 01-
0 Lf-7
IN WITNESS WHEREOF, the Mortgagee has caused this instrument to be executed on its behalf
on February J / ,2001.
UNION PLANTERS BANK,
NA;Eard
ION
BY
, Senior Ice President
STATE OF IOWA,COUNTY OF POLK,SS:
On February_LL, 2001, before me the undersigned, a Notary Public in and f' said state, per-
sonally appeared Edward E. Arndorfer,to me personally known,who,being by me duly sworn, dial say that
the person is the Senior Vice President of said CORPORATION executing the foregoing instrument; that
NO SEAL has been procured by the said corporation; that said instrument was signed on behalf of said
corporation by authority of its Board of Directors; and that the said officer acknowledged the execution of
said instrument to be the voluntary act and deed of said corporation,by it and by them voluntarily executed.
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ELIZABETH A.PARKER NOTAR UBLIC
Y CO !SSION EXPIRES
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FJF j✓200102011239 SHARP,JAHN,FEILMEYER&FEILMEYER plc
Attomeys at Law•Ames,Iowa