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HomeMy WebLinkAboutRESOLUTIONS - 01011969 - 69-615 IN THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, STATE OF CALIFORNIA In the Matter of ) RESOLUTION NO. 69/61.5 Subordinating Lien Against ) GENOVEVA L. NIETO } SUBORDINATION OF LIEN AND RESOLUTION AUTHORIZING SAME The Board of Supervisors of Contra Costa County RESOLVES THAT: GENOVEVA L. NIETO executed a Reimbursement Agreement and Notice of Lien in favor of Contra Costa County on February 15, 1962, which was recorded on February 21, 1962, in the office of the County Recorder in Volume 4061 of Official Records at page 62; and GENOVEVA L. NIETO and her husband, VALENTIN NIETO, now desire to have said lien made subordinate and subject to a note and deed of trust executed by then on Jul;; 18<, 1969 , in favor of the Farmer' s Home Administration, 742 East Charter', Way , Stockton, California, in the amount of Sixteen Thousand Eight Hundred Seventy and 00/100 Dollars ($16 ,870 . 00) ; and VALENTIN and GENOVEVA L. NIETO desire subordination to enable them to purchase said real property and to construct a home thereon; and The Lien Committee has considered the subordination and recommends its approval. NOW, THEREFORE, BE IT RESOLVED that Contra Costa County, the owner of said Reimbursement Agreement and Notice of Lien above-mentioned, does hereby subordinate the same to the above- mentioned deed of trust as to that property described therein on the condition that joint tenancy interests , if any , existing or hereafter created in the property described herein 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 23, 1969 , by the following vote : AYES : Supervisors - J. P. Kenny, A. M. Bias, T. J. Coll, E. A. Linscheid, J. E. Moriarty. NOES : Supervisors - None. ABSENT: Supervisors - None. RESOLUTION NO. 69/61 SUBt�RDINATZ�N OF LZE�T 69/��-5 of Pursuant to the above Resolution NO. red the subordination tYierein orr�ered of ro erty of GENtVEA L. ETO the County ' s lien against the ' joint tenancy interests is hereby made on the condition ttdescribed herein be existing or created in the real property of Contra pasta. severed as to the interests of the county Supervisors' 'S4Chrman of the Bo d of ' he County of Contra Costa, State of California PW B:mh Meyers , Genual Collections) E. Meye CC . Recorder (R• merry aGraw) Administrator (Attn: County Counsel STATE t+ GALu lh`1A NR A'A EDGV'911-W COTO COSTA =t NTY � 'S fl ABOC AGENCY 1181, !t84) ._._._.. _. ... e#a aigr o. me to bi- h,Zit this 4Fr..=,?ee,. W. T. PA cL:f, of Su�pervisors //fi� oared . r7 Py t. .t` .. DePsrf, —2— RESOLUTION NO. 69/615