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<br />,-:... 3;; <br /> <br />RES 0 L UTI 0 N N O. <br /> <br />51' <br /> <br />RESOLUTION AUTHORIZIITG- CITY" Ivu:l.NAGER <br />TO EXECUTE vu\IVER OF RESTRICTIONS, <br />LOT 8, BLOCK Lj'7, CEHrrat\L PA,.qK NO. 2 <br /> <br />WHEHEAS, thehereine,fter dee,c~__'ibed propertJ'" 'tv-a.s subjected <br /> <br />to certain conditions and restrictions by a dee~ from Nelle L. <br />~ J <br />~ l <br />\.) Hlralllontes, Oi ty Tax Collector, Ci ty of RedvJooc1 01 ty, to Leslie <br /> <br />c. Wayne and Nora B. Wayne, his wife, as Joint Tenru1ts, dated <br /> <br />U'ovember <br /> <br />"j ? <br />~~, <br /> <br />194-5 and recorded November 17, 1945 in Book 1226, <br /> <br />Official Records of San Mateo County-, 8,t l)ag*e 32; a.net <br /> <br />ViHEHEAS, the Ba,nk of Americf1 Ne.tiona1 Trust & Savings <br /> <br />AssociEttlon is about to mE'.ke e,. lOD.n on the prolJerty hereinr:.fter <br /> <br />described end desires that whatever rights mi~lt accrue to the <br /> <br />City of Redwood City by reason of any breach of the conditions <br /> <br />restrictions contained in the above-mentioned deed be sub- <br /> <br />ordinated to their proposed loan; <br /> <br />NOv'l J THEREF1URE, BE IT RESOLVED b~r the Council of the <br /> <br />01 t:{ of RedvlOod C1 ty thD.t the C1 ty Manager be, D.n<1 he is 11.ereby, <br /> <br />cLuthorizec1 to execute an agreement entitlecl "Vlaiverll and dB,ted <br /> <br />October 22, 19Lj'7, vrhich Gtgreement provides that tb.e rights of <br /> <br />the City of Redwood City be made subordinate to the rights of the <br /> <br />Bank of America National Trust & Savings Association. <br /> <br />The property llerein referred to is that certain real <br /> <br />erty situe.te 1n the 01 ty of Hechlood City, County of San <br /> <br />Mateo, State of California, describeQ as follows: <br /> <br />Lot 8 in Block 47, as designated on th~ map <br />enti tIed "NAP NO. 2 OF CEl'TTRAL PAIUe RED'~JOOD <br />CITY SAN I~iATEO COUNTY", uhich mapt'J8.8 filed <br />in the office of the Recorder of the County <br />of San Mateo, State of California, on July 20 <br />1912 in Book 8 of Naps at pages 15 and 16. <br /> <br />.,I' <br />,{' <br /> <br />~r olio oir <br />