HomeMy WebLinkAboutRESOLUTIONS - 09102004 - 71-457 _. . ......
IN THE BOARD OF SUPERVISORS
OF
CONTRA COSTA COUNTY, STATE OF CALIFORNIA
Re Subordinating Liens - ) RESOLUTION NO. 71/_
Joe Avila and )
Irene Rios Avila ) SUBORDINATION OF LIEN
AND RESOLUTION AUTHORIZING SAME
The Contra Costa County Board of Supervisors RESOLVES THAT:
On January 24, 1962, Joe Avila executed a reimbursement agree-
ment and notice of lien in favor of Contra Costa County which was
recorded on January 31, 1962, in Volume 4047 of Official Records at
page 93=
Joe Avila and Irene Rios Avila now desire to have said lien shade
subordinate and subject to a note and deed of trust executed by them
in favor of Bank of America,, 261 17th Street, Richmond, California in:
the amount of Sisteen Thousand , Eight Hundred Dollars ($1:628ao.0o) .
Joe Avila and Irene Rios Avila desire subordination of said lien to
enable thea to obtain a loan for the purpose of purchasing property.
:hey have signed a repayment agreement with the County.
The Lien Committee has considered and recommends this.
NOT, THEREFORE, the County of Contra Costa, the owner and holder
of said reimbursement agreement and notice of lien above-mentioned,
does hereby subordinate the same to the deed' of trust above-mentioned'
as it, relates to the property described therein upon the condition
that ,point tenancy interests, if any, existing or created in the sub-
ject real property be severed as to the Interests of the County of
Centra Costa, and it is ordered that the Chairman , of the Board sign a
certified copy hereof to constitute and effectuate the subordination
PASSED ANIS ADOPTED on Jul 20, 1971
SUBORDINA`T`ION' OF LIEN
Pursuant to the above Resolution, the subordination therein
ordered of the County' s lien against the property of Joe Avila and
Irene Rios Avila is hereby made upon the condition that joint .ten ;ncy
interests,, if any, existing>., or created in the subject real property
be severed as to the interest oft County of ContrCotta.
r_ha1TTan or the Bn r a e v sorS
f t1he County of '''Contra C , a', State
MDF-.1p o California
cc: Recorder (H.E. Meyers ,
Auditor's Office)
Administrator (Attn: Terry McGraw)
County Counsel (Attn: M.D. ;Farr)'
RESOLUTION NO. 71/ 57