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92-225 5 RESOLUTION ACCEPTING A MORTGAGE FOR THE PROPERTY COMMONLY KNOWN AS 7 SOUTH STATE STREET BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that it hereby accepts the mortgage of William G. Vincent and Sally B. Vincent, husband and wife, for the property commonly known as 7 South State Street and legally described as follows: That part of Lot 8 in Block 22 of the Original Town of Elgin, on the West side of Fox River, described as follows: Beginning at the Northwest corner of said lot; thence Southerly along the Westerly line of said lot 22 feet; thence Easterly at right angles to the Westerly line of said lot 55 . 95 feet; thence Northerly 22 . 30 feet to a point in the Northerly line of said lot 53 . 60 feet Easterly from the Northwest corner thereof; thence Westerly along the Northerly line of said lot 53 . 60 feet to the point of beginning, in the City of Elgin, Kane County, Illinois . s/ George VanDeVoorde George VanDeVoorde, Mayor Presented: August 12, 1992 Adopted: August 12, 1992 Vote: Yeas 7 Nays 0 Recorded: Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk