HomeMy WebLinkAbout19769 ORD - 05/22/1987TEXAS:
AN ORDINANCE
AUTHORIZING THE CONVEYANCE BY SPECIAL WARRANTY DEED OF
LOT 4, BLOCK 15, WALDRON SUBDIVISION UNIT NO. 2 TO MR. AND
MRS. RONALD REEVES; AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
SECTION 1. That the City Manager is hereby authorized to convey by
Special Warranty Deed of Lot 4, Block 15, Waldron Subdivision Unit No. 2, to
Mr. and Mrs. Ronald Reeves, all as more fully set forth in the Special Warranty
Deed, Deed of Trust, and Promissory Note, substantial copies of which are
attached hereto and made a part hereof, marked Exhibits "A," "B," and "C"
respectively.
SECTION 3. That upon written request of the Mayor or five Council
members, copy attached, to find and declare an emergency due -to the need of
executing the abovementioned documents at the earliest practicable date, such
finding of an emergency is made and declared requiring suspension of the Charter
rule as to consideration and voting upon ordinances or at three regular meetings
so that this ordinance is pas ed_and shall take effect upon first reading as an
emergency measure this the f `f-"- day of A ,� p , 19 87.
ATTEST:
City Secretary MAYOR
APPROVED: ), MdDAY OF 7, 19 S7
HAL GEORGE, CITY ATTORNEY
By
Assistant ttorney
05P.107.01
THE C Y OF CORPUS CHRISTI, TEXAS
19769
MICROFILMED
SPECIAL WARRANTY DEED WITH VENDOR'S LIEN
THE STATE OF TEXAS
KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF NUECES
That I, Craig A. McDowell, the duly appointed City Manager of the
City of Corpus Christi, a municipal corporation of the County of Nueces,
State of Texas, for and in consideration of the sum of Ten Dollars
($10.00) and other valuable consideration •to the undersigned cash in
hand paid by the Grantee herein named, the receipt of which is here-
by acknowledged, and the further consideration of the execution and
delivery by Grantee of his one certain promissory note of even date
herewith in the principal sum of Five thousand Two hundred Dollars �\
and no cents ($5,200.00 ) payable to the order of Grantor
in monthly installments and bearing interest as therein provided, con-
taining the usual clauses providing for acceleration of maturity and
for attorney's fees, the payment of which indebtedness is secured by
the vendor's lien herein retained, and is additionally secured by a
deed of trust of even date herewith to Debbie J. Andrews, Trustee,
have GRANTED, SOLD, and CONVEYED, and by these
pre s e n t s do GRANT, SELL, and CONVEY unto
Ronald Reeves and wife, Terri Reeves,
"Special Warranty Deed with Vendor's Lien"
Lot 4, Block 15, Waldron Sub Unit 2
[Reeves]
Page 1 of 4
"
of the County of Nueces and State of Texas, subject to the reservation
hereinafter made, all of the following descrihad real property in Nueces
County, Texas, to—wit:
Lot Four [4], Block Fifteen [15], WALDRON SUBDIVISION
UNIT TWO, an Addition to the City of Corpus Christi,
Texas as shown by the map or plat thereof as recorded
in Volume 15, Page 57, Map Records, Nueces County,
Texas. Save and except, there is hereby reserved un—
to Grantor, its successors and assigns, an easement ten
[10'] feet in width along the northeasterly boundary
line of said lot, the same being reserved for public
utility purposes.
"Special Warranty Deed with Vendor's Lien"
Lot 4, Block 15, Waldron Sub Unit 2
[Reeves]
Page 2 of 4
TO HAVE AND TO HOLD the above described premises, together with all
and singular the rights and appurtenances thereto in anywise belonging
unto the said Grantee, his (her)(their) heirs and assigns forever; and
I do hereby bind myself, my successors and assigns to warrant and for-
ever defend all and singular the said premises unto the said Grantee,
his (her)(their) heirs and assigns, against every person whomsoever
lawfully claiming or to claim the same or any part thereof by, through,
or under the City of Corpus Christi; but not otherwise.
But it is expressly agreed that the Vendor's Lien, as well as the
superior title in and to the above described premises, is retained a-
gainst the above described property, premises and improvements until
the above described note and all interest thereon is fully paid ac-
cording to the face, tenor, effect, and reading thereof, when this
Deed shall become absolute.
"Special Warranty Deed with Vendor's Lien"
Lot 4, Block 15, Waldron Sub Unit 2
(Reeves]
Page 3 of 4
EXECUTED this day of , 198_
ATTEST: CITY OF CORPUS CHRISTI
By:
Craig A. McDowell
City Secretary City Manager
APPROVED
(DAY OF %—"'�'J�
HAL GEORGE, CITY ATT EY
By:
�/
Frlh/
Assistant City Attorney
, 1987.
THE STATE OF TEXAS
COUNTY OF NUECES
This instrument was acknowledged before me on
, 198_ by Craig A. McDowell, City Manager of the City of Corpus
Christi, Texas, a municipal corporation, on behalf of said corporation.
Notary Public in and for the State of Texas
(NOTE: please print, type, or stamp notary
name + commission expiration date
below)
"Special Warranty Deed with Vendor's Lien"
Lot 4, Block 15, Waldron Sub Unit 2
[Reeves]
Page 4 of 4
Prepared by the State liar of Texas for use by Lawyers only. Revised 1.1.76
NOTICE To +cirri the proper 1o001. All to hlmd xpmer, mole oar lord, prosutons or
+err cf.d to n
r 1111101103 the practice form' of low. No "standard foran
meet till retort -cowls.
I HE STA"! E OF 1 I-XAS
COON I OF Nueces•
DEED OF TRUST
KNOW ALL MEN BY THESE PRESENTS:
That we, Ronald Reeves and wife, Terri Reeves
of , Nueces , , - County, Tc,a,, hereinafter called Grantors (whether one or more) for the purpose of securing
the mdchtedna, hereinafter described. and ut conudcratron of the sum of TEN DOI LARS ($10 00) to us in hand pard by the
Truster hereinafter named. the rerctpt of which is hereby acknowledged. and for the further consideration of the uses. purpose,
and teases hcro,naltcr ,et forth. h,ne granted. sold and con,cyod..,nd by these presents do grant, sell and convey unto
suhsoade, or nuocs,ors. all of the lolloaing dcscnbcd property stmaled in . Nueces , , , „ , , County,
Texas, Io.wa:
Lot Four [4], Block Fifteen [15], WALDRON SUBDIVISION UNIT TWO,
an Addition to the City of Corpus Christi, Texas as shown by
the map or plat thereof as recorded in Volume 15, Page 57, Map
Records, Nueces County, Texas. Save and except, there is here—
by reserved unto Grantor, its successors and assigns, an ease—
ment ten [10'] feet in width along the northeasterly boundary of
said lot, the same being reserved for public utility purposes.
TO HAVE AND IO 1101.0 the above described property, together with the rights. privileges and appurtenances thereto
belonging unto the said "I rusts°, and to his substitutes or rs forever. And Grantors do hereby hind themselves. their heirs.
eseeitiors. administrators and assigns to warrant and forever defend the said premises unto the said 'I nisteo, his substitutes or
and assigns foen aigainst the claim. or claims. of all personsclaiming o claim the same or any part thereof, by,
through or under theCity of Corpus Christi, but not otherwise.
fins cons c)unce, hogcvcr, is made in TRUST to secure payment of .........one, . promissory note . - of even
date herewith In the principal sum of Five thousand, Two hundred Dollars and no cents. -
Dollars 0.5.200.00 y
executed by Grantors, payable to the order of the. City of Corpus Christi, _at the office of the
Director of the Department of Finance..
in the Cay of .Corpus.,Christi..... ... _. ., Nueces
County. Texas as follows, trnwil
hearing interest a, therein stipulated, providing for acceleration of maturity and for Attorney's fen;
Should Granton do and perform all of the covenants and agreements herein contained, and make prompt payment of said
indebtedness as the sank shall bet.ume due and payable, then This conveyance shall become null and void and of no further force
and effect. and shall be released at the expense of Grantors, by the holder thereof, hereinafter called Hendlciary (whether one or
more)
Grantors covenant and agree as follows.
That they are lawfully seized of said property, and have the right to convey the same, that said properly is free from all
liens and encumbrances, except as herein provided.
To protect the title and possession of said property and to pay when due all taxes and assessments now existing or hereafter
levied or assessed upon said properly, or the interest therein created by this Deed of Trust, and to preserve and maintain the lien
herchy created as a first and prior Igen on said propcny including any Improvements hereafter made a part of the realty.
To keep the Improvements on said properly in good repair and condition, and not to permit or commit any waste (hereof, to
keep said building, occupied so as not to Impair the Insurance carried thereon
Toc and red keep ins all improvements n h. -caner heaner created upon said property against toss or damage hy fire and
windstorm. anal any other hazard or hazards asmdining t
may he reasonably required from time to time by Beneficiary dung the term of
the indebtedness hereby secured, to the extent
of the original amount of the indebtedness hereby secured, or to the extent of the
hill insurable value of said improvements, whichever Is the lesser, In such form and with such Insurance Company or Companies
as may be approved by Beneficiary, and to deliver to Beneficiary the policies of such insurance having attached to said policies
such mortgage indemnity clause as Beneficiary shall direct, to deliver renewals of such polmos to licnefic,.ry at least ten (101 days
before any such Insurance policies shall expire; any proceeds which Beneficiary may receive under any such policy, or policies.
may he applied hy Beneficiary, at This option. In reduce the indebtedness herchy secured, whether then matured or to mature in
the future, and in such manner as Beneficiary may elect, or Beneficiary may permit Grantors to use said proceeds to repair or
rept tee all inproscmenls damaged or destroyed and covered by said policy.
That in the event Grantors shall fail to keep the improvemeMs on the property hereby conveyed in gond repair and
condition, or to pay promptly when due all tames and assessments, as aforesaid. or to preserve the prior Igen of This Deed of
Truss on said property, or to keep the buildings and improsemcnts insured, as aforesaid, or m deliver the policy. or policies, of
insurance or the renewal thereof m Beneficiary, as aforesaid, then Benchcmry may, .0 his option, hub without being required 10
do s,. male such repairs, pay such taxes and assessments, purchase any tax title thereon. rcmme any poor liens, and prosecute
or defend any suds in relation to the preservation of the prior hen of thus Decd of Trust on said property, or msurc and keep in.
urcd the improuem s thereon In
unt no110 exceed that above stipulated. that any s, which may be 00 paid out by
Beneficiary rind all sums paid for insurance prem r
as aforesaid. chiding the c c expert s rind Attorney's fees paid in any
silo ,.
affecting it propcny when nese nary to protect the hen hereof shill Fear interest fromthedates of such payments at ten
per cent (In of per ant and shall he paid by Granters to Beneficiary upon demand, at the same place al which the above
described note is payable, and shall he deemed a part of the debt hereby secured and recoscrable as such In all respects
That in the event of default in the payment of any installment, principal or interest, of the note hereby secured. In accord-
ance with the terns Ihercof, or of a breach of any of the covenants herein contained to be performed by Grantors, then and in
any of such events Beneficiary may elect, Grantors hereby expressly waiving presentment and demand for payment. to declare
the entire principal Indebtedness hereby secured with all Interest accrued (hereon and all other sums hereby secured Immediately
due and payable, and in the event of default in the payment of said indebtedness when dues or declared clue, n shall thereupon.
or at any time thereafter. he [he duty of the Trustee, or his successor or substitute as hereinafter provided, at the request of
Beneficiary (which request is hereby conclusively presumed), to enforce this Inst; and after et hertinng the lime. place and terms
of the sale of the above described and conveyed property, then subject to the Igen hereof, for at least iwentyone (21 I days preced-
ing the date of sale by posting written or printed notice thereof at the Courthouse door of the county where said real properly is
situated, which notice may be posted by the Trustee acting, or by any person acting for him, and the Beneficiary (he holder of
the indebtedness secured hereby) has, at least twenty-one (21) days preceding the date of sale, served written or printed nonce
of the proposed sale by certified mail on each debtor obligated to pay the indebtedness secured by this Deed of Trust according
to the records of Beneficiary, by the deposit of such notice, enclosed to a postpaid wrapper. properly addressed to such debtor
at debtor's 100,,ent address as shown by the records of Beneficiary. Ina post office or official depository under the care and
custody of the United States Postal Service, the Trustee shall sell the above described property, then subject to the lien hereof,
at public auction in accordance with such notice at the Courthouse door of said county where such real propcny hs situated (pro•
vntcd where said real property is situated in more than one county, the notice to he posted as herein provided shall be posted
at the Courthouse door of each of such counties where said real property is situated, and said above described and conveyed
properly may he sold at the Courthouse door of any one of such counties, and the notices so posted shall designate the county
where the properly will he sold), on the first Tuesday in any month between the hours of len o'clock A.M. and four o'clock
P.M., to the highest bidder for cash, selling all of the properly as an entirety or in such parcels as the Trustee acting may elect,
and make due conveyance to the Purchaser or Purchasers, with general warranty binding Grantors, their heirs and assigns; and
nut of the money arising from such sale, the Trustee acting shall pay first. all the expenses of advertising the sale and making
the conveyance. Including a mo,,,mrssion of five per cent (50a) to himself, which commission shall be due and awing in addition
to the Attorney's fen provided for in said note, and then to Beneficiary the full amount of principal. Interest. Attorneys fees
and other charges due and Unpaid on said note and all other Indebtedness secured herchy, rendering the balance of the sales
price, if any, to Grantors, (heir heirs or assigns; and the recitals in the conveyance to the Purchaser or Purchasers shall be full
and conclusive evidence of the truth of the matters (herein stated, and all prerequisites to said sale shall be presumed to have
been performed, and such sale and conveyance shall he conclusive against Grantors, their heirs and assigns.
It is agreed that in the event a foreclosure hereunder should be commenced by the Trustee, or his substitute or successor,
Beneficiary may al any time before the sale of sant properly direct the said Tnistec to abandon the sale, and may hien instiIde
Int for the collection of said note, and for the foreclosure of this Deed of Trost lien; 0 is further agreed that if Bcneflciary should
institutevitt for the collection thereof, and for foreclosure of this Deed of Trust hen, that he may at any time Fore the entry
ofafinal judgment In said suit dismiss the same and require the Trustee, his substitute or successor to sell the propcny in
accordance with the provisions of this Deed of Trust.
Beneficiary shall have the right to purchase at any sale of the properly, being the highest bidder and to have the amount Inc
which such properly is sold credited on the debt then owing.
Beneficiary In any event k hereby authorized to appoint a substitute trustee, or a successor trustee, to act Instead of the
'trustee named herein without other formality than the designation In writing of a substitute or successor tauter; and the
authority hereby conferred shall extend to the appointment of other succmsor and substitute trustees successively until the
indebtedness hereby sccre11.19 0=1I,.n paid in full, n rd
msaid property is sold hereunder, and each suh,ntide and sI
trim.: shall succeed toall of the rights and powers of the original Trustee named herein. icuanr
In the event any sale is made of the above described property, or any portion thereof, under the terms 0( 1110 Deed of Trust,
Grantors, their heirs and assigns, shall forthwith upon the making of such sale surrender and deliver possession of the property sit
mid to the Purchaser a1 such sale, and In the event of their failure to do so they shall thereupon from and after the making of such
sale he and continue as tenants at will of such Purchaser, and In the event of their failure to surrender possession of said
properly upon demand, the Purelrser. his heirs orassigns, shall be entitled to institute and maintain anaction for forcible
detainer of said property In the Justice of the peacCorm in the Just. Precinct fn which such properly. or any part thereof, u
situated.
It is agreed Ilial the hen hereby .soled shall latae preccdnac over rind he a prior hen Io any other hen of any chamcicr
whether scndors. nmterialmctis or nreeltanics ben hereafter created on the above described property, and in the mitt the
proceeds of the indebtedness seemed hereby as set forth herein arc used 10 p.Iy off and satsfy any Irons heretofore existing on
‘aid n
property. then trcnefwi.ny ex. and shell be. snhrogaled to all of the rights, hens and remedies of the holders of the in
shrc. ass an paid.
It is further agreed that if Grantors, their heirs or assigns, while the owner of the hercmaboon descnhcd property, should
vommit an act of bankruptcy, or authorize the tiling of a volttnmry petition in bankruptcy. or should a act of bankrupley be
Remilled and involuntary proceedings instituted or threatened, or shmdd the property heremahove described be taken oscr by a
ceiver for Grantors. their heirs or assigns, the note hercinahove desribed shall, at the optton of Beneficiary. immediately
become doe and payable, and the acting Trustee may then proceed to sell the same under the provisions of this Deed of Trust.
As further security for the pay mens of the hereinabove described indebtedness, Grantors hereby transfer. assign. and convey
unto Beneficiary rill rents issuing or Io hereafter issue from said real properly, and in the event of any default in the payment of
said note or hereunder. Renefni.,ry, his agent or representative. is hereby autllorired, at his option. to collect said rents or if
such property i ant t the s and collect the r and apply the s
e. Tess the r cable a and expert of
collet thereof,• to the payment of cad indebtedness, whether then matured or to mature in the future, and in such manner as
Beneficial') may elect The collection of said rents by Beneficiary shall not constitute a waiver of his right to accelerate the
maturity of said indebtedness nor of tits right 10 proceed with the enforcement of this Deed of Trust.
It IS agreed that an extension, or extensions, may he made of the tore of payment of all, or any parr, of the indchtedncss
see -tired hereby, and that any pan of the above descnhcd read properly may he released from this hen without altering or affecting
the priority of the hen created by this Decd of Trust in favor of any jun encumbrancer. mortgagee or purchaser, or any person
i�t
acquiring a rest to the property hereby comcyed, or any part thereof. 1 tieing the intention of the parties hereto to preserve
this hen oni heproperty herein descnhcd and all inrprmements thereon. and that may he hereafter constructed thereon, first and
superior to any liens dint may be placed thereon. or That any be fixed. grvcn or unposed by low thereon after the execution of
this instrument notwithstanding any such extension of the time of payment, or the release of a portion of said properly from this
In the event any portion of the indebtedness hercinahove described cannot be lawfully secured by this Decd of Trust Igen on
said real property, It Is agreed that the first payments made on said indebtedness shall be applied to the discharge of that portion
of said indebtedness.
Renefisinry shall he entitled to receive any and all sums which may become payable to Grantors for the condemnation of the
her ,.,hose des nhod real property. or any part thereof. for publicr co:1st-public or by v of private sale in lieu thereof.
and any s which may be awarded or become payable o Grantors for damages used by public worksor
near the said properi1. All such sums are hereby assigned to Renefcmry, who may, after deducting therefrom all expenses actually
incurred, Including attorney's fees, release same to Grantors or apply the sante to the reduction of the indebtedness hereby
secured, whether Ihcn matured or to mature In the future, or on any money obligation hereunder, as and m such manner as
Beneficiary may elect. Beneficiary shall not he, in any event or circumstances, !table or responsible for (allure to collect, or
exercise diligence cel the collection of. any such sums.
Nothing herein or in said note contained shall ever entitle Beneficiary, upon thc arising of any contingency whatsoever, to
reLcive or collect interest in cxaess of the highest rale allowed by the Taws of the Slate of Texas on the principal indebtedness
hereby ...mod o am o n amoney obligation hereunder and in no event shall Grantors be obligated to pay ,merest thereon in
excess osuch talc.
If this Deed of Trust is executed by only one person or by a corporation the plural reference to Granton shall be held to
include the smgolar and all of the covenants and agreements herein undertaken to be performed by and the rights conferred upon
the respcctoe Grantors nailed herein. shall he binding upon and inure Io the benefit of not only said parties respectively but also
their respective heirs, esnlnors, administrators, grantees, successors and assigns.
Grantors expressly represent that 110 Deed of 'Dust and the Note hereby secured are given for the following purpose, town:
The indebtedness, the payment of
which is hereby secured, is in
part payment of the purchase price
of the real property herein des—
cribed, and is also secured by a
vendor's lien thereon retained in
deed of even date to the under—
signed, and this Deed of Trust is
given as additional security for
the payment of said indebtedness.
EXECUTED this day of A. D. 19
NIJ �I/PS
Ronald Reeves
i /1sem*^'SCJ
Teerrirri Reeves
(Acknowledgment)
THE STATE OF TEXAS
COUNTY OF Nueces
Before me, the undersigned authority, on this day personally appeared Ronald Reeves and Terri Reeves
known to me to be the persons......... whose names .. are . subscribed tei the foregoing instrument, and acknowledged to me
that ...t hey ... executed the same for the purposes and consideration therein expressed.
Given under my hand and seal of office on this the / p 1)day of MI , A.D. 19 9 7
Notary Public in and for Nueces County, Texas.
My commission expires. 1...�._..., 19.81
(Printed or stamped name of notary)
ROMAN BARRERA
Notary Public. Statgoa,e,a, p�
Mytemmksion Expires tYi�
(Acknowledgment)
THE STATE OF TEXAS
COUNTY OF
Before me, the undersigned authority, on this day personally appeared
known to me to be the person...... whose name ... ... subscribed to the foregoing instrument, and acknowledged to me
that........ he . executed the same for the purposes and consideration therein expressed.
Given under my hand and seal of office on this the day of , A.D. 19
THE STATE OF TEXAS
COUNTY OF
}
Notary Public in and for County, Texas.
My commission expires. ...... .... , I9 .. .
(Printed or stamped name of notary)
(Corporate Acknowledgment)
0
J
Before me, the undersigned authority, on This day personally appeared
Of
a corporation, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that
he executed the same for the purposes and consideration therein expressed, in the capacity therein staled and as the act and decd
of said corporation.
Given under my hand and seal of office on this the
day of . A D. 19
Notary Public in and for County, Texas.
My commission expires . .... ...... .. . . 19. .
.(printed .Or sla mood name of notary)
PROMISSORY NOTE
$ 5,200.00
Corpus Chr sti, Texas
May / , 1987
For value received, I, as principal, agree to pay to the
order of the City of Corpus Christi, Texas, in the City of
Corpus Christi, Nueces County, Texas, the sum of Five
thousand Two hundred Dollars and no cents
($5,200.00 ), in legal and lawful money of the United States
of America, with interest thereon from date hereof until matur-
ity at the rate of ten percent (10%) per annum; matured un-
paid principal and interest shall bear interest at the rate of
ten percent (10%) per annum from date of maturity until paid.
This note is due and payable as follows, to -wit:
In 60 monthly installments of One hundred Ten Dollars
and 49/cents ($110.49)
or more each, from each of which installments the accrued in-
terest on the entire unpaid principal shall be first deducted,
and the remainder applied to the payment of the principal, the
first of which installments is due on or before July 1,
1987, and the others regularly, and upon the 1st. day of each
"Promissory Note"
Lot 4, Block 15, Waldron Sub Unit 2 [Sands Dr.]
60 months [1st pmt eff 7-1-87]
[Reeves]
Page 1 of 4
succeeding calendar month thereafter until this note, both
principal and interest, has been duly paid. Payment hereof is
secured by a Vendor's Lien expressly retained in deed of even
date herewith executed by Craig A. McDowell, City Manager of
the City of Corpus Christi, to the maker hereof upon the
hereinafter described real property, to -wit:
Lot Four [4], Block Fifteen [15], WALDRON SUBDIVISION
UNIT TWO, an Addition to the City of Corpus Christi,
Texas as shown by the map or plat thereof as recorded
in Volume 15, Page 57, Map Records, Nueces County,
Texas. Save and except, there is hereby reserved unto
Grantor, its successors and assigns, an easement ten
[10'] feet in width along the northeasterly boundary
line of said lot, the same being reserved for public
purposes.
"Promissory Note"
Lot 4, Block 15, Waldron Sub Unit 2 [Sands Dr.]
60 months [1st pmt eff 7-1-87]
[Reeves]
Page 2 of 4
It is expressly provided that upon default in the punctual
payment of this note or any part thereof, principal or interest,
as the same shall become due and payable, the entire indebted-
ness evidenced hereby shall be matured, at the option of the
holder. In the event this note, or any part hereof, is col-
lected through probate, bankruptcy or other judicial proceedings
by an attorney or is placed in the hands of an attorney for
collection after maturity, then the undersigned agree and
promise to pay a reasonable attorney's fee for collection,
which in no event shall be less than ten percent (10%) of the
principal and interest then owing.
Each maker, surety, and endorser of this note expressly
waives all notices, demands for payment, presentations for pay-
ment, notices of intention to accelerate the maturity, protest
and notice of protest, as to this note and as to each, every
and all installments hereof, and each consents that the payee
or other holder of this note may at any time, and from time to
time, upon request of or by agreement with any of us, extend
the date of maturity hereof or change the time or method of
payments without notice to any of the other makers, sureties or
endorsers, who shall remain bound for the payment hereof.
laiL,02,x/e7,3 Qe--e-cifD
Ronald Reeves Terri Reeves
"Promissory Note"
Lot 4, Block 15, Waldron Sub Unit 2 [Sands Dr.]
60 months [1st pmt eff 7-1-87]
[Reeves]
Page 3 of 4
THE STATE OF TEXAS §
COUNTY OF NUECES §
This instrument was acknowledged before me on this the /ZS
day of
Reeves.
MAY , 1987 by Ronald Reeves and wife, Terri
01111 et14,
Notary Public in and for the State of Texas
ROMAN BARRERA
Notary Public, StateGL.Texs/19�.,�
My Commission Expires -0
[NOTE] [please print,
type or stamp
name + expira-
tion date of
notary below.]
"Promissory Note"
Lot 4, Block 15, Waldron Sub Unit 2 [Sands Dr.]
60 months [1st pmt eff 7-1-87]
[Reeves]
Page 4 of 4
Corpus Christi, Texas
`?'"L day of
, 1987
TO THE MEMBERS OF THE CITY COUNCIL
Corpus Christi, Texas
For the reasons set forth in the emergency clause of the foregoing ordinance
or resolution, an emergency exists requiring suspension of the Charter rule
as to consideration and voting upon ordinances or resolutions at three
regular meetings; I/we, therefore, request that you suspend said Charter rule
and pass this ordinance or resolution finally on the date it is introduced,
or at the present meeting of the City Council.
Respectfully, Respectfully,
Council Members
MAYOR
THE C Y OF CORPUS CHRISTI, TEXAS
The above ordinance was passed by the following vote:
Betty N. Turner ale
�ZD
Sr.
David Berlanga,
Leo Guerrero
Frank Mendez
Clif Moss
Bill Pruet
Mary Rhodes
Mary Pat Slavik
Linda Strong
99.045.01
19769