HomeMy WebLinkAboutOrdinances Book 9, Page 1400, No Ordinance NumberOf
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.n11...rv:••( 1)), .;J..•.i) ci:�trco.�, Plus intcrost`accr;
r :inc n to on t .n st crx a:rounta mi aL a c
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cot. tx' for t.le Jtl'^j.10so Or pxir.iozes uol. xort l
io:.,,,,,r, brit prior to cacn asbtrseta:nt Voll
aur-r�•r.:;e a:' the bon.io, '.'est;o iian shrill !lave reccived tie
r gnisltion or req.tisitions of C'orrower, addrossc,lIto
i at •.o m,immt of .:onus which ::orroa:cr ,ieuirlas
•.-n it is desired to complete the sae,
- t' o '.o rc Ir aliied by:
Ile o ri, ,ci1.yIn' in detail the ourpo e
to c n nd t?te proceeds of the
_m lc o:' bones.
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transcript of all orococdin;s of borrower ::1tih
rca r-ct to said 7.onds ta!:on to the dato o.i c -,Io (other,
t3an such proceediii-s, if any, of ,•,.x'^.. _. -lod tro.aa-
cripts si_all htve )rev ct:a been
including nn r.xecution, Sa insure ant - ^n
Cartt.r?cate (aubstantinllf in the fox 'orm
-rt 2, 4a"ea 9-26-33 4' -nod b7 apprup ^ic . c:::
i Corm satisfactory to '01-Insol.
ainicn :t. Counsel i. the end or rinds eto.ioro
xtid for, if any, rix.' L•zoze t n in - o nt.x
c'lased, const'L tute valid t lo o9 t i 'a -I
t^ons of osmo:rer in acco, _ „ of :.ria
„tatement of 11.,arit that t':c 't•:o received:
rt' 'rate o' ;=.or•ro er, spec.ifyln„ in deteil t'le rttr?oses
^,'t tl:e proceeds of the particular sale of ::onus
.. ., �..: `.Je used.
1
fence oat sfactory to hits, ,is to ouch other person 63
r_tor be d6si,�tinted by t'lc •a:xa�,,in,; Directors o
work for .Adch payment is bein., made has
a.ished It,accordaace th tie plans and
'
;;'ons or as of:tor','so conte.r.:)lat_Od under
L -13-2-c hcroof ; provide 1, ho•rovo-r, that cuchj
::ot be nece:;sary prior to tte first
t .e amount of V' ,,303 for the ourotxaae
,, ••.:. • ,,; r.: ��,.ta:el uo � h;:reby is
such c:'tan' es herein,
- r: olay decrx advlaable
to at.t'Zoriz
prOVi..tc.:,i
_ . . riot laver than
... t. .'. ., lotion, and Viat j
.. t six :ont''is a: ter t;it, at,-,
_ •!' ",. `I.etl f"; '�..1 _., , _V
1
,onnld fta lv'n
�tnr6 i,ocrotar•:�
,ter .oan Coroorati.on
ions or,, inp-,:r:acr•at rl in ,,;;e
' I ., :Lil•ucL.._:a�;i_ � .� ....rater
:,36i rosolutlon -,.a n�uendcd.
ace L,) In N11 Forco and effect from arA
:)i' Coniniusiontirs.
_7
1!ovenber 3, 1X5C
Clcr;,, nbor !, 1934