HomeMy WebLinkAboutA010 - Mortgage Subordination dated February 23, 2010 *t . Instrument:2010- 00004264
Datefty 12,2010 02:09:06P
D Rec Fee: 5.00 E-Com Fee: 3.00
G Aud Fee: .00 Trans Tax: .00
R Rec hanasenent Fee: 1.00
Non-Standard Pase Fee: .00
Filed for record in Story County. Iowa
Susan L. Vande Kamer County Recorder
S P A C E A B O V E R E B_ E R V E C F C R O F F [ COAL _ U S E
Return document to:FJ.FeilmIn Attorney at law,P.O.Box 664,Ama,IA 50010-5 l5 2324732`fjf(4sinodaw.00m _
Document prepared by:FJ.Fdlmeyer,Attorney at law,P.O.Box 664,Ames.IA 50010-515.2324732-fjf asingerlaw.00m
MORTGAGE SUBORDINATION
KNOW ALL PERSONS: Ames Community Bank (the"Mortgagee") is the present owner of
that certain Mortgage given by R. Friedrich and Sons, Inc., to Ames Community Bank under date of
December 30,2009,and filed in the office of the Recorder of Story County, Iowa,on December 30,2009,
and recorded as Instrument No. 09-15465. By virtue of said mortgage, Mortgagee has an interest in the
Real Property described as:
Lots 1,2,and 3,Second Addition,Friedrich's Commercial Subdivision,Ames, Iowa.
The Mortgagee has been requested to subordinate its rights under said Mortgage to the rights of
(1)the Grantee of the Easement instrument wherein R. Friedrich and Sons. Inc.. is the Grantor and the
Cily of Ames. Iowa is the Grantee,filed herewith in the office of the Recorder of Story County, Iowa on
the 12rh day of May ,20 10 as Instrument JO 10-04262 and(2)the Grantee of
the Easement instrument wherein R. Friedrich and Sons. Inc., is the Grantor and the Interstate Power
and Light Company is the Grantee,filed herewith in the office of the Recorder of Story County, Iowa on
the 12th day of May 12010 as Instrument X9 10-04263 and deems it advisable
to do so.
NOW,THEREFORE,for good and valuable consideration, the Mortgagee agrees that whatever
right,title,lien,estate,or interest the Mortgagee now has or may hereafter acquire in said Real Property by
virtue of the aforesaid Real Estate Mortgage,the same shall be junior,inferior,and subordinate to the rights
of the Grantee,its successors and assigns,under the said Easement instrument.
IN WITNESS WHEREOF,the Mortgagee has caused this instrument to be executed on its be-
half on February-ASa,2010.
AMES CO MUNITY BANK
4
By:
ivz
Chris Brinkmeyer,Exec V,
Vice President
STATE OF IOWA,COVNW OF STORY,ss.:
This instrument was acknowledged before me on FebruaryVne.2010 by Chris Brinkmeyer as ex-
ecutive vice president of Ames Community Bank.
N Q HOFER
Commbelon
Number 753060 N A BLIC
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MY Ion EOM
F.F r 20100219151801 PARLEY & SINGER LAW FIRM, L.L.P.
AMEN. IOWA