Res 29 A RESOLUTION BY THE COUNCIL OF THE
CITY OF DELRAY BEACH REGARDING THE
SALE OF A CERTAIN REAL ESTATE EORTGAGE.
WHEREAS the City of Delray Beach, the owner and holder
of one certain mortgage given by Ralph Long and Mamie Long,
to the Ocean City Bank, which said mortgage is recorded in
Mortgage Book 194 at page ~.B55, and covers the following
described property, to-wit:
All the North 51 feet of ~ot 13 of Block 67,
of the City of Delray (formerly Linton),
according to the plat of same on file in
the office of the Clerk of the Circuit Court,
in and for Palm Beach County,
which said mortgage was given to secure one certain promissory
note, given by the same parties, bearing even date therewith,
in the principal stm~ of $4500.~00, and
WHEREAS FURTHE. R, C. E. McMullin has offered the City
of Delray Beach the sum of One Thous_~nd ($1000.~00) Dollars
in cash, and further tenders the past due and unpaid taxes~
on said property.
NOW, THEREFORE,, BE IT RESOLVED by the authority
aforesaid that the City of Delray Beach do sell to C. E.
McMullln the aforess:~id mortgage for the sum of One Thousand
($1000.i00) Dollars, ,an~h.e ~ayment of all Past due and unpaid
tamest~ and that the Mayor and Clerk are hereby authorized
and directed to execute assignment of said mortgage to C. E.
~IcMullin, upon the ~.~eceipt of the consideration aforesaid.
PASSED and APPROVED, this the l@th day of May, A. D.I