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Resolution 280-2023RESOLUTION NO.280 - 2023 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 in the amount of $45,000.00 on July 29, 2005, recorded on August 8, 2005, as Document # 1533654, Book 2140, Page 831 of the public records of Monroe County, Florida, secured by the property located at Lot 45, Block 7, Sugarloaf Key, Florida, 33042; and WHEREAS, the First Mortgagee (TIB Bank, a Florida Corporation), filed a foreclosure action on February 5, 2009; and WHEREAS, the SHIP Mortgage position was not protected since there was not sufficient equity to allow for a recovery; and WHEREAS, the First Mortgagee took title to the property on May 15, 2014. 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 Lot 45, Block 07, Indian Mounds Estates, Sugarloaf Key, Monroe County, Florida 33042. PASSED AND ADOPTED, by the Board of County Commissioners of Monroe County, Florida at a regular meeting of said Board on the ?nth day of September, 2023. Mayor Craig Cates Mayor Pro Tem Holly Merrill Raschein Commissioner Michelle Lincoln Commissioner James K. Scholl Commissioner David Rice MONROE COUNTY ATTORNEY' S OFFICE Approved for form and legal sufficiency ukb� uy�_ Christina Cory, Assistaift County Attorney Yes Yes Yes Yes Yes BOARD OF COUNTY COM14SSIONW -►i OF MON COUNTY, LORMA w r � CIO o :3 c0 Cn O Mayor Cfaig Cates -a O .� Q A CD PREPARED BY/RETURN TO: Doe # 2436455 Blk# 3247 Pg# 121 Recorded 10/16/2023 2:12 PM Page 1 of 1 Monroe County SHIP PROGRAM CIO Monroe County Social Services Department 1100 Simonton Street, Suite 1-196 Key West, FL 33040 Filed and Recorded in Official Records of MONROE COUNTY KEVIN MADOK, CPA 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 JULY 29, 2005 by GEORGE AND CHRISTINE RODRIGUEZ, to Monroe County, Florida and recorded on August 8, 2005, in Official Records Book 2140, Page 831, as Document #1533654 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 DOLLARSAND NO CENTS ($45,000.00), upon the property situate in said State and County described as follow, to -wit: LOT 45, BLOCK 07, INDL 1V MOUNDS ESTATES, SUGARLOAFKEY, MONROE COUNTY, FLORIDA Which has the address of LOT 45, BLOCK 7, SUGARLOAF KEY, Florida 33042 (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. � Witness Whereof, Monroe County has caused this document to be executed as of this tober, 2023. 0 9 0 BOARD OF COUNTY COMMISSIONERS VIN MADOK, CLERK OF MONRO COUNTY, FLORIDA 11 By: As Deputy Clerk Mayor (BOCC approved 9/20/23) STATE OF FLORIDA COUNTY OF MONROE I HEREBY CERTIFY that the foregoing instrument was acknowledged before me, by means of x physical presence or online notarization, this 16th day of October 2023 by CRAIG CATES, MAYOR, known to me to be the person(s) described herein and who executed the foregoing instrument, who acknowledged before me that he/she executed the same, and who did not take an oath. Check one: X said person(s) is/are personally known to me. said person(s) provided the following type of identification: Witness my hand and official seal in the County and State last aforesaid this day of October 2023. App—d as to f— -d kpl sue' k-y .M=« Covey Aeosueys o&tt Notary Signature Christina Cory. Assinaat County Ana y Printed Name: ; ��'"' ''-, PAMELAG. HANCOCK YCOMMISSION # GG 935699 F.XPIR>=S February 22, 2024 Commission No: : F' to? to Notary Public Underwriters Commission Expires: