HomeMy WebLinkAboutCC RESO 9222RESOLUTION NO• 9222
RESOLUTION AUTHORIZING EXECUTION OF A SUB-
ORDINATION AGREEMENT (TRUST DEED TO TRUST DEED)
BE IT RESOLVED by the City Council of the City of
National City, California as follows:
That the Mayor and City Attorney are authorized to
execute an agreement subordinating a trust deed in f avor of
the City of National City in the original form of $30,000.00,
secured by a deed of trust recorded as instrument No. 95236
to a deed of trust executed by Roger D. and Mary K. Ring
securing a note for $95,000.00 in favor of the First National
Bank of San Diego by subordination of agreement and first
deed of trust will be recorded concurrently.
PASSED AND ADOPTED this // day of October, 1966.
OR
ATTEST: