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HomeMy WebLinkAbout1990-02-14 - Indenture COUNTY OF ORANGE 90-096767 7 C. ,mot A&_ `3 C EXEMPT OF OR W C O COUNTY, L RECORDING REQUESTED BY AND OF Rl����GOUN7Y, WHEN RECORDED MAIL TO AND C17 MAIL TAX STATEMENT TO: �1125 AM FEB 23'90 City of Huntington Beach Attn: City Clerk ,�® 0. Box 190 �' iECOAflER Ountington Beach, CA 92648 A.P. NO. 178-191-31 Ee to Titia THIS INDENTURE, made the 14th day of February 19 90 between ROBERT L.CITRON,Tax Collector of the County of Orange,State of California(hereinafter,"TAX COLLECTOR"),and the City Huntington Beach of (hereinafter, "CITY"), witnesseth; a THAT WHEREAS, the legally levied taxes on the real property hereinafter described were a lien on said property for Fiscal Year 1991-8 2 ,and were not paid,and said taxes were duly declared to be in default,and said real property was subject to a power ® of sale pursuant to Section 3691 for nonpayment of taxes which were legally levied and were a lien on said property; and C fWHEREAS, in conformity with the provisions of Division I, Part 6, Chapter 8, Article 2 of the Revenue and Taxation Code of the State of California, an agreement for the sale of said real property has been entered into between the governing body of CITY, and the Board of Supervisors of the County of Orange, State of California,pursuant to which TAX COLLECTOR has been authorized to grant to UJ CITY, for value duly received, the real property described below; NOW, THEREFORE, in consideration of the premises and in accordance with the law in such case made and provided, TAX COLLECTOR does hereby grant, convey and deed to CITY, for the sum of $even Thousand Five Hundred Dollars cc that certain real property referred to herein, and situated in the County of Orange, State of California, more particularly described as w follows, to wit: Located within the City of Huntington Beach W Tract No. 185 Lot 117 This conveyance is made and accepted upon the following express conditions: 1. That within k (2) years from February 14 , 19 90 CITY shall either devote said property to purposes,or else the CITY shall execute a recision of this Deed,and the real property described above shall again be subject to a power of sale by TAX COLLECTOR for delinquent taxes pursuant to Section 3691 of the California Revenue and Taxation Code. 2. That CITY shall not sell, nor offer to sell, said property at any time during the two-year period described in Section 1 above. 3. That in the event CITY fails to devote said property to Park purposes within the two-year period described in Section 1 above, or CITY desires to divest itself of said property within the two-year period, CITY will execute a deed reconveying the aforesaid property, and all right,title and interest thereto,to TAX COLLECTOR,to be held as tax-defaulted property subject to a power of sale for delinquent taxes pursuant to Section 3691 of the California Revenue and Taxation Code. PROVIDED FURTHER, that a breach of any of the foregoing conditions shall cause said property to revert to the status of tax-defaulted property subject to a power of sale by the TAX COLLECTOR and said TAX COLLECTOR,or his duly authorized agent,shall have a right to re-entry on, and repossession of, said property. IN WITNESS WHEREOF, said TAX COLLECTOR has hereunto set his hand as of the day and year first above written. t /J Treasurer- ax ounty of Orange, State of California STATE OF CALIFORNIA COUNTY OF ORANGE ss' on this 14 th day of February 19 9 0 ,before me Gary L.Granville,County Clerk of the County of Orange,and ex-officio Clerk of the Superior Court of the State of California in and for the County of Orange,personally appeared ROBERT L. CITRON, known to me to be the Tax Collector of said County of Orange, whose name is subscribed to the annexed instrument and acknowledged to me that he executed the same as such Tax Collector. �aRT.p (SEAL) tv• * � GARY L. GRANVILLE County Clerk of said County and �. ex-officio Clerk of the said Superior Court By: t v Deputy MAIL TAX STATEMENTS TO RETURN ADDRESS ABOVE