HomeMy WebLinkAboutResolution - 110564F - Release - Henry E. Whitney - Suburban Homes Addition - 11/05/1964rYa Ila'Sc�o�
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RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock be and is hereby authorized and
directed to execute for and on behalf of the City of Lubbock a Release for Henry E.
Whitney, attached herewith which shall be spread upon the minutes of the Council
and as spread upon the minutes of this Council shall constitute and be a part of this
I tResolution as if fully copied herein in detail.
[Passed by the City Council this 5th day of November 1964.
MAX TIDMOREs Mayor
ATTEST:
Lav nia Lowe,: City cretary-Treasurer
APPROVEW
red O. Sentei-, Jr., .Attorney
ftwovm
Aur. Cir ttorn•y
THE STATE OF TEXAS
COUNTY OF LUBBOCK 4
WHEREAS, on the 14th day of November, 1963, the City of
Lubbock, by warranty deed conveyed the below described tract of land
to Henry E. Whitney, of Lubbock County, reserving a vendor's lien to
secure payment of a promissory* note in the amount of ONE THOUSAND
EIGHT HUNDRED SEVENTY-FIVE AND NO1100 ($1,876. 00) DOLLARS
to be paid in three equal annual payments with Interest as more fully
described hereafter; and,
WHEREAS, on the 14th day of November, 1963, Henry E. Whitney
did execute, dcknowledge and deliver to the City of Lubbock, of the County
of Lubbock, State of Texas, a certain deed of trust, recorded in the Deed
of Trust Records of Lubbock County, Texas, Volume 396, Page 607, on
the following described real estate, lying and being in the County of Lub-
bock in said State of Texas, to -wit: Let 5, Block 6, Suburban Homes
Addition to the City of Lubbock, Lubbock County, Texas, to secure the
prompt payment of the promissory vendor's lien executed by the; said
Henry E. Whitney and payable to the order of the City of Lubbock as
follows:
An installment vendor's lien nate In the amount of ONE THOUSAND
EIGHT HUNDRED SEVENTY-FIVE AND NOI 100 ( 1, 875.00) dated
November 14, 1963, payable to the City of Lubbock, Texas, In three (3 )
annual installments of SIX HUNDRED TWENTY-FIVE AND NO/100 ($625. 00)
DOLLARS each, together with interest of six per cent (8°l0) per annum
on the unpaid balance; with the first being due on November 14, 1964,
and an equal amount being payable on November 14, of each year there-
after until the principal and interest Is paid in full; and,
WHEREAS, said note with accrued interest thereon has been fully
paid to the City of Lubbock, the legal and equitable holder and owner of
such notes; and,
NOW THEREFORE, KNOW ALL MEN BY THESE PRESENTS,-
THAT
RESENTS:THAT the City of Lubbock, acting by and through its heretofore
duly authorized officer, of Lubbock County, State of Texas, in consideration
of the premises and of the full and final payment of the said promissory ven-
dor's lien note together with all Interest due thereon; the receipt of which is
hereby acknowledged, has this day, and sloes by these presents, release,
discharge and quitclaim unto the said Henry F. Whitney, his heirs'or assigns
all the right, title, interest and estate In and to the property above described,
which it has or may be entitled to by virtue of ,said deed of trust and its
vendor's lien, and does hereby declare the same fully released and discharged
from any and all liens created by virtue of said note, vendor's lien and deed
of trust'above mentioned.
WITNESS MY HAND this 5th day of November , 1964.
CITY OF LUBBOCK
BYi 122 -6 -FA
MAX TIDMORE, MAYOR
Lavenia Lowe, City Secretary•Treasurer
THE STATE OF TEXAS
COUNTY OF LUBBOCK }
BEFORE ME, the undersigned authority, a Notary Public in and for
said County, Texas, on this day personally appearedMAX TIDMORE, known
to me to be the person whose name is subscribed to the foregoing instrument
and acknowledged to me that he executed the same as the act and deed of the
CITY OF LUBBOCK and as MAYOR, for the purposes and consideration there -
In expressed, and in the capacity therein stated.
GIVEN 'UNDER MY HAND AND ,SEAL OF OFFICE this day of
1964.
( SEAL )
Notary Public, :Lubbock County, Texas