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Resolution 054-2024 RESOLUTION NO.054-2024 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA APPROVING THE WRITE-OFF OF A$45,000.00 SHIP SECOND MORTGAGE WHEREAS,the Monroe County SHIP Program executed a SHIP Second Mortgage between the County and David Jackson,in the amount of$45,000.00 on FEBRUARY 28, 2007, recorded on March 6, 2007, as Document#1630774, Book 2277, Page 180 of the public records of Monroe County, Florida,secured by the property located at Santa Clara Condominium—Phase 1—Unit 701&0.57%Common Elements,3312 Northside Drive, Unit 701, Key West, Florida 22040; and WHEREAS,the First Mortgagee(FIRST STATE BANK OF THE FLORIDA KEYS,A FLORIDA BANKING CORPORATION)filed a foreclosure action on March 17,2022 as well as a Notice of Lis Pendens on March 17,2022, Document#2367295, Book 3162, Page 2319;and WHEREAS,a Final Judgment of Foreclosure was Ordered on December 28, 2022,sale by auction was set for February 15, 2023 and the property was sold to the highest bidder on February 15, 2023;and WHEREAS,the SHIP Mortgage was unable to be satisfied as the proceeds from the sale were insufficient to allow for a recovery;and WHEREAS,the First Mortgagee took title to the property on February 23, 2023, Document 2407751, Book 3213, Page 240; and NOWTHEREFORE, BE IT RESOLVED, by the Board of County Commissioners of Monroe County, Florida that the County hereby: Authorizes the write-off of a SHIP Second Mortgage Loan in the amount of$45,000.00 formerly secured by the property located at SANTA CLARA CONDOMINIUM—PHASE 1—UNIT 701& 0.57%COMMON ELEMENTS, 3312 Northside Drive, Unit 701, Key West, Florida 33040. PASSED AND ADOPTED, by the Board of County Commissioners of Monroe County, Florida at a regular meeting of said Board on the 21st day of February 2024. Mayor Holly Merrill Raschein Yes ,�<a^f <.-.a� .� Commissioner James K. Scholl Yes f' +' �Q°2?' 9, Commissioner Craig Cates Yes 'YEsk,,," :.. - 2,�-`� � Commissioner Michelle Lincoln Yes =dl��.:,- `� y Commissioner David Rice Yes C Q °>.u`47 f(rl♦,y,1 e''c S S G L+ -�• ., ram.'v ,T, ° E/I 4alif_ ` CLERK BOARD OF COUNTY COMMISSIONERS 4# I,{ rrl s;�.�: ,: ,,' :, k_f 5,�yi- OF MONROE COUNTY, FLORIDA ,'7. '"' (7...1 a �, P' fir J �, ' 73 ... el 13-rA-- Vh1/1 eib' irp- # I ..)C--; ....I C) As De ty Clerk Mayor Holly Merrill Raschein .: 77 9 MONROE COUNTY ATTORNEYS OFFICE Approved for form and legal sufficiency 0 .juA U,j Christina Cory,Assistant County A orney 24 Bk#32(�5 P 1�81 1 Oo�c# Z4537 e 1 of ed 317�`?'�?�1:�7 P� pad Ktvo ,.ecotd PREPARED BY/RETURN TO: Monroe CountySHIP Program d inQficxal Records©t, CPA gecordeADO, 1100 Simonton St., Suite 1-196 Fi1ed an E�O MONROE Key West, FL 33040 SPACE ABOVE THIS LINE FOR PROCESSING DATA SPACE ABOVE THIS LINE FOR RECORDING DATA RELEASE OF MORTGAGE OR LIEN Know All Men By These Presents, that Monroe County, the owner(s) and holder(s) of a certain Mortgage Deed, executed on FEBRUARY 28, 2007 by DA VID A. JACKSON, to Monroe County, Florida and recorded on MARCH 6,2007, in Official Records Book 2277,Page 180,as Document#1630774 in the office of the Clerk of the Circuit Court of Monroe County, State of Florida, securing certain Note in the principal sum of FORTY-FIVE THOUSAND DOLLARS AND NO CENTS ($45,000.00), upon the property situate in said State and County described as follow, to-wit: SANTA CLARA CONDOMINIUM—PHASE 1—UNIT 701 & 0.57%COMMON ELEMENTS Which has the address of 3312 Northside Drive, Unit 701,Key West, Florida 33040 (herein the "Property Address:") does hereby RELEASE and DISCHARGE said Note and Mortgage Deed and hereby direct KEVIN MADOK, CPA, the Clerk of the said Circuit Court, to cancel the same of record 41 In Witness Whereof, Monroe County has caused this document to be executed as of this6/ day of -,LJ ,A.4 A 2024. ' '',�, _-=��5 AA'L-.' �,\, BOARD OF COUNTY COMMISSIONERS I y 1,V,,V ' AtTpES�T B,,S3/4 MADOK,CLERK OF IiNROE .OUN F '�DA v� '"t ,r'-I�t i l,, S Pam,, z..;., �) � ,.�. ' ,w p l w�. !q(' .''' ,,,,1 .,,,,, a,,..„.,,,,.., 7 Ai Air ram ', ,':P.;_;`,7::,4:-6,'-- :5-7-.-A'r',''Al r ,z.) .-v.,,,vy my( 6, vo... - vb,\y-i--,..,:-,.,,-,,--,::::.-,:,-.1:i::..,;,,:,„.. .,:i5,,,, " ' �" [, ,;;A be u Clerk Holly Mer ►ascII May or '----1:::::V,:':,:----"' STATE OF FLORIDA COUNTY OF MONROE li131 Subscribed and sworn to(or affirmed)before me,by means of►,'physical presence or❑online notarization,on this day of 2024 by Holly Merrill Raschein,Mayor,known to me to be the person(s)described herein and who executed the fore:o ing instrument,who acknowledged before me that he/she executed the same,and who did not take an oath. Check one: A,. said person(s)is/are personally known to me. said person(s)provided the following type of identification. COFtlE McGRAW-ABE1. Witness my hand and official seal in the County and State •,' ' Notary Public :. aforesaid this , :,•ay of ,�� 2024. State of Florida I ,#.�, , •1J �'I/ r', s !- r iff F ''� '�� Commit HH210621 of ry Signature: ' • Expires 12/21/2025 d ' &tt&ko�-t'�I. e] Monroe County Attorney's Office Pri ted Name Approved as to form and legal sufficiency ft;WA i 0(09\I ( 1 ► _A # 1 A Commission No: __,XX).)\,. r4� I - as Christina Cory,Assistant Coun Attorney 1 LP Commission Expires: