Loading...
HomeMy WebLinkAbout5788 - Request of ReconveyanceS; :mec 23/63 (12) 0 1 RESOLUTION NO. 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING AND DIRECTING THE 3 EXECUTION OF A REQUEST FOR RECONVEYANCE ON A DEED OF TRUST 4 5 WHEREAS, the City of Newport Beach is named as beneficiar 6 in a Deed of Trust dated January 14, 1960, and recorded in Boots 7 5089, page 511, of Official Records of Orange County, given to 8 secure a note dated January 14, 1960, in favor of the City of 9 Newport Beach in the amount of $226,300; and 10 WHEREAS, the indebtedness to the City evidenced by said 11 note has been paid in full; 12 NOG], THEREFORE, it is ordered and directed as follows: 13 1. The Mayor and City Clerk are authorized and directed 14 to execute the request for full reconveyance on the original of 15 said Deed of Trust. 16 2. The Director of Finance is authorized and directed t 17 record payment in full on said note dated January 14, 1960. 18 3. The City Cleric is authorized and directed to trans- 19 mit said Deed of Trust, note, and the policy of title insurance 20 issued by Title Insurance and Trust Company dated February 8, 1960, 21 under Policy No. 276042 to Orange County Title Company as agent for 22 Roy K. Sakioka and Tomio Sakioka echo, as tenants in common, are the 23 trustors under said Deed of Trust, the makers of said note, and the 24 vestee under said policy of title insurance. 25 ADOPTED this 27th day of May, 1963. • 26 27 � ATTEST: ` Mayor 28 29 City CYe_ r 30 31 32 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF NEWPORT BEACH) iA- I, MARGERY SCHROUDER, City Clerk of the City of Newport Beach, California, do hereby certify that according to the records of the City of Newport Beach filed and maintained in my office, the foregoing Resolution No. 5788 was duly and regularly adopted, passed, and approved by the City Council of the City of Newport Beach, California, at a'regular meeting of said City Council held at the regular meeting place thereof, on .the 27th day of May 19 63 ,- by the following vote, to wit: AYES, COUNCILMEN: NOES, COUNCILMEN: ABSENT, COUNCILMEN: Dated this 28th Stoddard, Gruber, Cook, Hart, Lorenz, Marshall, Elder None None day of May >, 19 63 _ City Clerk.a d Ea Officio Clerk of -the City Council, City of Newport Beach, State of California. •