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HomeMy Public PortalAbout2008.11.21 Consent to Encumbrance Kury lot #3 - CompleteCONSENT TO ENCUMBRANCE The City of McCall, Idaho, Owner and Lessor of the following described property, does hereby consent to allow Johannes T. Kury & Deborah B. Kury, to encumber their interest in the tenant's leasehold interest of the land and improvements located on the following described property in favor of Idaho First Bank, its successors and assigns: Lot 3, Block 3, Greystone Village No. 3 according to the official plat in the office of the Recorder, Valley County, Idaho, recorded July 31, 2006 as Instrument No. 311462 in Book 10 of Plats at Page 56. Commonly known as 1539 McCall Avenue, McCall, Idaho 83638. Said encumbrance shall be limited to the interest of Johannes T. Kury & Deborah B. Kury, and shall not encumber the interests of the City of McCall, Idaho, nor shall said City be liable to Idaho First Bank, its successors and assigns, for any sums owed to it under the encumbrance. The interest of said holder of the encumbrance shall be subject to the terms of the underlying lease agreement, as amended, through which Johannes T. Kury and Deborah B. Kury have obtained the leasehold interest pledged as collateral to the holder of the encumbrance. DATED this day of /1/43',7i72/-, 2008. CITY OF McCALL, IDAHO By: ATTEST: Brenna Chaloupka, Acting CitClerk BerKulesza, Mayor