My WebLink
|
Help
|
About
|
Sign Out
Browse
152-646
LFImages
>
Deeds
>
Deeds Book-Page
>
152
>
152-646
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/8/2017 9:20:20 PM
Creation date
11/4/2014 8:43:29 AM
Metadata
Fields
Template:
Deeds_Book_Page
book-page
152-646
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
2
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
CORPORATE RESOLUTION <br />RESOLVED that the transfer of title and possession of any <br />property hereafter acquired as a result of foreclosure of any mortgage <br />guaranteed under the provisions of the National Housing Act, and amend- <br />ments thereof, or by voluntary .conveyance, or otherwise, and the <br />assignment of any claim for deficiency resulting from any such fore- <br />closure or otherwise against the debtor(s) growing out of any such <br />mortgage transaction, to Stewart McDonald, Federal Housing Adminis- <br />trator, or to his successor in office, in accordance with the provi- <br />sions, of the National Housing Act, and the amendments thereof, is <br />hereby approved: and <br />FURTHER RESOLVED that in consideration therefor the accep- <br />tance of Debentures in such an amount in each case as will include the <br />balance of principal due on any such loan, together with any further <br />sums which may be included, and bearing interest at such rate as may <br />be provided by the terms of said Act and the amendments thereof; and <br />the acceptance of a Certificate of Claim in each such case covering <br />any further sums due under any such mortgage not included in the Deben- <br />tures, all in accordance with the provisions of said Act and the <br />amendments thereof, is further approved: and <br />FURTHER RESOLVED that the proper officers of the Company be <br />and they are hereby authorized and empowered to execute and deliver to <br />said Administrator, his successors and assigns, a deed of conveyance, <br />together with assignment of claim aforesaid: and further to assign <br />and deliver to said Administrator the original security documents if <br />not required to be filed in Court in such foreclosure proceedings, or <br />if not surrendered where title otherwise acquired, and to affix the <br />Company's seal to any instruments necessary to consummate the transfer <br />in any such case. <br />CERTIFICATION <br />I, the undersigned, an Assistant Secretary of The Prudential <br />Insurance Company of America, hereby certify that the foregoing is a <br />true copy of a Resolution of the Finance Committee of the Board of <br />Directors of said Company, duly passed at a regular meeting of said <br />Committee on April 4, 1938, which Resolution has not been rescinded <br />and is still in full force and effect; further, that prusuant to <br />Section 18 of the By -Laws of said Company, said Finance Committee has <br />full power to authorize the making of contracts of sale, sales and <br />leases of real property acquired by the Company in satisfaction of <br />mortgage indebtedness and to take or .authorize any action in connection <br />with a mortgage loan transaction or in connection with property ac- <br />quired by the Company as a result of a mortgage loan transaction. <br />I further certify that on December 1, 1966 <br />K. J. Jackson was one of the Vice Presidents and <br />R. H. Bittner was one of the Assistant Secretaries <br />of said Company and were proper officers with full authority pursuant <br />to the By -Laws of said Company to execute deeds, contracts and other <br />papers. <br />Dated: December 1, 1966 R. H. Bittner <br />6 *'Z <br />
The URL can be used to link to this page
Your browser does not support the video tag.