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
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Christina Cory, Assistaift County Attorney
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BOARD OF COUNTY COM14SSIONW
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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.
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BOARD OF COUNTY COMMISSIONERS
VIN MADOK, CLERK OF MONRO COUNTY, FLORIDA
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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
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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: