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HomeMy WebLinkAboutRESOLUTION - 11-80 - 1/8/1980 - AMENDMENT TO COVENANT OF RECORDRESOLUTION NO. 11-80 A RESOLUTION AUTHORIZING THE VILLAGE PRESIDENT AND CLERK TO EXECUTE AN AMENDMENT TO COVENANT OF RECORD. ..NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois, as follows: Section 1: That the Village President and Village Clerk are hereby authorized to execute an Amendment to Covenant of Record, a copy of which is attached hereto thereby releasing the power of reverter with respect to any mortgage on property previously conveyed to the Elk Grove Township for Mental Health purposes. Section 2: That this Resolution be in full force and effect from and after its passage and approval according to law. VOTES: AYES: 5 NAYS: 0 ABSENT: 1 ATTEST: Villag Clerk PASSED this 8th day of January , 1980. APPROVED this 8th day of January , 1980. STATE OF ILLINOIS ) SS. COUNTY OF C O O K ) AMENDMENT TO COVENANT OF RECORD WHEIrEAS, Lite Deed-ic�orded as Document #LR3031378 restrict- ing the use of land to certain purposes relating to Mental Health Treatment contained a proviso for forfeiture or rever- sion of title in case of breach of said covenant; and WHEREAS, the undersigned was the Grantor; and WHEREAS, it is the intent of the undersigned to amend the covenant for the purposes of facilitating a mortgage on said property. THEREFORE, for and in consideration of Ten ($10.00) Dollars, and other good and valuable consideration, the receipt thereof is hereby acknowledged, such covenant is amended in such a manner as not to be effective so far as the mortgage conveying the following described land is concerned: That part of the Southwest Quarter of Section 31, Township 41 North, Rnage 11, East of the Third Principal Meridian, described as follows: Beginning at the Intersection of the East line of Route 53 and a line 50.0 feet Northeasterly (measured at right angles) of and parallel with the South- easterly extension of the center line of Nerge Road; thence Northerly along the East line of Route 53 aforesaid, 317.87 feet; Thence Easterly at right angles thereto 231.50 feet; Thence Southerly parallel with the East line of Route 53 aforesaid 434.79 feet to the aforesaid line of 50.0 feet Northeasterly of the Southeasterly extension of the center line of Nerge Road; Thence Northwesterly along said 50.0 foot line 259.35 feet to the point of beginning, Cook County, Illinois. Subject to the following covenant and condition and right of reversion: This conveyance is subject to the covenant and condition that said real estate shall be used primarily as a mental health center to provide care, services, programs and facilities to persons needing mental health treatment, including the mentally retarded and for those addicted to alcohol or drugs and inciden- tally used for other community health programs and services. VILLAGE OF ELK GROVE VILLAGE BY: Charles J. Zettek 1 Village President ATTEST: Villa" Clerk