HomeMy WebLinkAboutRESOLUTIONS - 08312004 - 70-622 .. _........ .._...... ......... ......... ._...... ................................................._
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IN THE BOARD OF SUPERVISORS
OF
CONTRA COSTA. COUNTY, STATE OF CALIFORNIA
In the Matter of ) RESOLUTION NO. 70/622
Subordinating Liens
Against John A Valencia ) ' SUBORDINATION OF LIEN
and Mary L. Valencia ) AND
} RESOLUTION AUTHORIZING SAME
The Board of Supervisors of Contra Costa County RESOLVES THAT:
On December 20, 1961, MARS' LUCAS VALENCIA executed a reimburse-
ment agreement and notice of lien in favor of Contra Costa County
which was recorded on January 3, 1967, in the officeofthe
County Recorder in 'Volume 4027 of Official Records at page 120;
and
JOAN A. VALENCIA and MARY L. VALENCIA now desire to have said
respective liens made -subordinate and subject to a note and deed
of trust executed by them in favor of Farmers Horne Administration
in the amount of Seventeen Thousand Seven Hundred Dollars
($17, 700 .00) ; and
JOHNA. VALENCIA and MARY L. VALENCIA desire subordination of
their respective liens to enable them to obtain a. construction
loan for the purpose of purchasing property and constructing a
home; and
The Lien Committee has considered subordinat ons and
recommends their approval
NOW, THEREFORE, the County of Contra Costa, the owner and
holder of said reimbursement agreements and notices of lien
above-mentioned, does hereby subordinate the same to the deed of
trust above-mentioned as they relate to the property described
therein upon the condition that, Joint tenancy interests, if any,
existing or created in the subject real property be severed as to
the interests of the County of Contra. Costa, and it is ordered' that
the Chairman of the Board sign a certified copy hereof to
constitute and effectuate the subordination.
PASSED AND ADOPTED on September 29, 1970 , by this Board.
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cc`: Recorder (H.E.Meye;rs,
Auditor's Office)
Administrator (Attn. Terry McGraw)
County Counsel
RESOLUTION NO. 70/6,'2
SUBORDINATION OF LIEN
Pursuant to the above Resolution No. 7€/62 of September 29, 1970,
the subordination therein ordered of the County 's liens against
the property of JOHN A. VALENCIA and MARYL. VALENCIA is
hereby .made upon the condition that joint tenancy interests , if
any, existing or created in the subject real property be severed
as to the interest of the County of Contra Costa.
4 as John Coll
Chairman of h' Board of Supervisors
of the County Centra Costa,
State of Calilrnia
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9 f". 1251, 1181, I1841
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