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HomeMy WebLinkAboutResolution - 062763U - Warranty Deed - J.W. Wright - Suburban Homes Addition - 06/27/1963FOS:djl RESOLUTION 04Mv BE IT RESOLVED BY THE CITY COMMISSION 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 Warranty Deed to J. W. Wright conveying the land described in the attached conveyance which shall be spread upon the minutes of the Commission and as spread upon the minutes of this Commission shall constitute and be a part of this resolution as if fully copied- . herein in detail. Passed by the City Commission this 27th day of June 1963. i i i JA K F. STRONG, Mayor 1 ATA et]ATEST; _ City Attorney, LaVenia Lowe, y Sec etary-Treasurer THE STATE OF TEXAS I KNOW ALL MEN BY THESE PRESENTS: COUNTY OF LUBBOCK I THAT the City of Lubbock, a Home Rule Municipal Corporation, of the County of Lubbock, State of Texas, acting by and through its Mayor, heretofore duly authorized for and in consideration of the sum of FIVE HUNDRED TWENTY- FIVE AND NO1100 DOLLARS ($525.00) cash to it in hand ;paid by J. W. Wright, of Lubbock County, Texas, the receipt of which is hereby acknowledged, and the further sum of ONE. THOUSAND FIVE HUNDRED SEVENTY-FIVE AND NO1100 DOLLARS ($2, 575.00) secured to be paid and evidenced by grantee's Promissory Vendor's. Lien Note, of even date herewith, which note is further described as follows: An Installment Vendor's Lien Note in the amount of $1,,575. 00,, dated July 1665, payable to the City of Lubbock, 'Texas in three (5) annual installments of $525.00 each, together with interest of six per cent (61%) per annum, with the first payment being due on July , 1664, and an equal amount beim payable on July , of each year thereafter until the principal and interest is paid in lull; said V'endor's Lien Note being further secured by a Deed of Trust given to Bili. J. 'lUMc*innis, '"Trustee, for the benefit of the City of Lubbock. Have granted, sold and conveyed, and by these presents do grant, sell and convey unto the said grantee, J. W. Wright, of Lubbock County, Texas, all that certain parcel of land: All. of Lot 2, Block 5, Suburban Homes Addition to the City of Lubbock, Lubbock County, Texas. TO HAVE AND TO HOLD the above described property and premises, toy► gather with all and singular the rights and appurtenances thereto in anywise belonging, unto the said grantee, his heirs and assigns forever; and I do hereby -bind the City of Lubbock and its successors to warrant and forever defend all and singular said premises unto the said grantee, his heirs and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof. But it is expressly stipulated and agreed that a Vendor's Lien and the superior title are retained against the above described property and premises until said note is fully and finally paid according to its face and tneor, effect and reading, when this deed shall become absolute. Witness my hand this ter.. day of , 1963. CITY OF LUBBOCK BY: JACK F". STRONG,, Mayor. ATTEST: Lnvenia Lowe, City Secretary -Treasurer THE STATE 4F TEXAS COUNTY OF LU13BOCK BEFORE ME, the undersigned authority, a Notary Public in and for said County, Texas, on this day personally appeared Jack F. Strong, known to me to be the person whose name to subscribed to the foregoing instrument and acknow- ledged 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 therein expressed, and in the capacity therein stated. GIVEN UNDER MY LAND AND SEAL OF OFFICE this day of 2963. (SEAL) Notary Public, Lubbock County, Texas