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Resolution 081-2024 RESOLUTION NO.081-2024 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 Eric and Nicole Defilippo in the amount of$45,000.00 on AUGUST 10, 2007, recorded on AUGUST 14, 2007, as Document #1657885, Book 2314, Page 2015 of the public records of Monroe County, Florida, secured by the property located at 48 Sixth Avenue, Key West, Florida, 33040, Parcel #29 of Park Village Homeowners' Association, Inc.;and WHEREAS,the First Mortgagee(Orion Bank,a Florida Corporation),filed a foreclosure action on AUGUST 8, 2008,as well as Notice of Lis Pendens on August 8,2008, Document#1707433, Book 2375, Page 1271; and WHEREAS, a Final Judgment of Foreclosure was Ordered on March 10, 2009,sale by auction was set for April 15,2009 and the property was sold to the highest bidder on April 15, 2009;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 APRIL 15, 2009, Document 1738341, Book 2408, Page 1520; 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 48 Sixth AVENUE, KEY WEST, FLORIDA 33040. Parcel #29 of Park Village Homeowners'Association. PASSED AND ADOPTED, by the Board of County Commissioners of Monroe County, Florida at a regular meeting of said Board on the 21 st day of February 2024. ywt:-, v' A,� ..�;7,- Mayor Holly Merrill Raschein Yes .ar .r ,.T Yes t/:::'-', ' �;��.�-.���.� �����c� Commissioner James K. Scholl V\ �'ey�g5 \ � �\ � t� if'-‘V :,3 , ` t- Commissioner Craig Cates Yes 4z' 6;;.ry`"°;;`-''y i .s:'-"'•'""� KOCommissioner Michelle Lincoln Yes K'-; 4F,,,i`) j !„ flf Commissioner David Rice Yes ,:,:::F"*:",r1„1", 41 `;�: ;'IMVIN�_VMAD�O�K;`1CLERK BOARD OF COUNTY COMMISSIONERS ,r �� r l F ry�EJ tk`r — F� .wy r ,� '; :V'�;s: ' e F 0 '• .IU► , FLORIDA • ,.. ii By: _ As D ` uty Clerk Mayor Holly Merrill Raschein ;; MONROE COUNTY ATTORNEY'S OFFICE -). Approved for form and legal sufficiency } . ..—• .13 7-j jx A „,i .,j _.4,c; _,,,...... ::= m . ,. c.., ..,1 NI i Christina Cory,Assistant Coun Attorney , .. .* j Doc#2453727 Bk#3265 Pg#1685 Recorded 3/7/2024 1:57 PM Page 1 of 2 PREPARED BY/RETURN TO: Filed and Recorded in Official Records of Monroe County SHIP Program MONROE COUNTY KEVIN MADOK,CPA 1100 Simonton St., Suite 1-196 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 AUGUST 10, 2007 by ERIC AND NICOLE DEFILIPPO, to Monroe County, Florida and recorded on AUGUST 14,2007, in Official Records Book 2314,Page 2015,as Document#1657885 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: PARCEL NO.29,of Park Village,according to the Declaration of Protective Covenants, Restrictions and Easements of Park Village, as recorded in Official Records Book 2287 at Pages 1748-1804 of the Public Records of Monroe County, Florida, and any amendments thereto and more particularly described by metes and bounds as follows: Unit 29 of PARK VILLAGE HOMEOWNERS'ASSOCIATION, INC.; A Parcel of land being part of Lots 11 & 12, Block 2, AMENDED PLAT LINCOLN MANOR ESTATES, as recorded in Plat Book 5,at Page 62,of the Public Records of Monroe County, Florida,and being more particularly described by metes and bounds as follows: Commencing at the intersection of the Northerly right of way line of Seventh Avenue and the Westerly right of way line of Fifth Street and run thence Westerly along the Northerly right of way line of Seventh Avenue for a distance of 262.88 feet;thence Northerly and at right angles for a distance of 6.92 feet to the Point of Beginning;thence continue Northerly for a distance of 16.45 feet;thence Easterly and at right angles for a distance of 0.70 feet to the Southerly extension of the centerline of the party wall between Units 29 and 30 of PARK VILLAGE HOMEOWNERS' ASSOCIATION, INC.; thence Northerly and at right angles along the centerline and extensions of the said party wall for a distance of 54.00 feet;thence Westerly and at right angles for a distance of 23.00 feet; thence Southerly and at right angles for a distance of 70.62 feet; thence Easterly with a deflection angle of 90°26'00" to the left for a distance of 22.30 feet back to the Point of Beginning. (Certificate no. 1118175) SUBJECT TO that certain Ground Lease by and between Monroe County ("Lessor") and Park Village, LLC,a Florida limited liability company("Lessee"),dated August 19,2006 and recorded on October 4, 2006 in Official Records Book 2242 at page 754, Public Records of Monroe County, Florida, and any amendments thereof ("Ground Lease"), and subject to easements and restrictions of record. Which has the address of:48 Sixth Avenue, Key West, FL 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. ("IA In Witness Whereof,Monroe County has caused this document to be executed as of this day of o,i(G\ BOARD OF COUNTY COMMISSIONERS 1 d; �ATTST:t K (# IADOK,CLERK OF MO 'OE COUNTY,FLORIDA tiro'f � � eklAIA ty. `�. dp OP' Dyputyi Clerk Holly 'aschein,Mayor STATE OF FLORIDA COUNTY OF MONROE Subscri•ed and sworn to(or affirmed)before me,by means of physical presence or 0 online notarization,on this day of i.J,v A AA 2024 by Holly Merrill Raschein,Mayor,known to me to be the person(s)described herein and who executed the for-going instrument,who acknowledged before me that he/she executed the same,and who did not take an oath. Check one: said person(s)is/are personally known to me. said person(s)provided the following type of identification. come M GRAW"ABE- Witness my hand and official seal in the County and State '1` Notary Public , to t aforesaid thi day of,L rJ" ,Ad 2024. y Stye of Florida 7tti �" V ` C rnrn*HH211621 tarY Signature:,• ;' Expires 12/21/2025 Cp(2--le c ) Monroe County Attorney's Office Printed Name Approved as to form and legal sufficiency " ® )I'I7 ter Commission No: Christina Cory,Assistant CountyAC9% v orne v Commission Expires: � 1