Resolution 055-2024 RESOLUTION NO.055-2024
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 Marjorie E. Keeney in the amount of$45,000.00 on June 15, 2005, recorded on June 27,2005, as Document
#1524928, Book 2127, Page 77 of the public records of Monroe County, Florida,secured by the property located
at Block 1, Lot 5, Harbor Isles, PB4-98,Key Vaca, Monroe County Florida; and
WHEREAS,the First Mortgagee(WELLS FARGO BANK NATIONAL ASSOCIATION AS TRUSTEE FOR ABFC
2005-OPTI TRUST ABFC ASSET-BACKED CERTIFICATES SERIES 2005-OPTI)filed a foreclosure action on September
1,2015 as well as Notice of Lis Pendens on September 1, 2015, Document#2046241, Book 2761, Page 1439;
and
WHEREAS, a Final Judgment of Foreclosure was Ordered on August 1, 2016,sale by auction was set for
December 20, 2016 and the property was sold to the highest bidder on December 20, 2016; 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 December 20,2016; Document 2106737,
Book 2834, Page 1899;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 Block 1, Lot 5, Harbor Isles, PB4-98, Key Vaca, Monroe County, Florida 33050.
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
f - :\ Commissioner James K.Scholl Yes
�'�"`r�!•a '`1,�-_ 1_''=' ', Commissioner Craig Cates
.,: � Yes
,.;: '„� -:, k'c4", Commissioner Michelle Lincoln
✓ ,`4*YI.n Yes
{ii:,� tf:-- -, , 1,`,,,,,:?7, ' Commissioner David Rice Yes
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KEUIN=MADOK C LERK BOARD OF COUNTY COMMISSIONERS
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As Deputy Clerk Mayor Holly Merrill Raschein .= .. F
MONROE COU TY ATi'ORNEY'S OFFICE r1v.;
Approved for form and legal sufficiency ti,:,M
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Christina Cory,Assistant Cou ty Attorney '
Doc##2453723 Bk#3265 Pg#1680
Recorded 3/7/2024 1:57 PM Page 1 of 1
PREPARED BY/RETURN TO:
Monroe County SHIP Program Filed and Recorded in Official Records of
1100 Simonton St., Suite 1-196 MONROE COUNTYKEVIN N1ADOK,CPA
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 June 15,2005 by Marjorie E.Keeney,to Monroe County,Florida and recorded on June 27,2005,
in Official Records Book 2127, Page 77, as Document#1524928 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:
Block 1, Lot 5, Harbor Isles, PB4-98, Key Vaca, Monroe County, Florida
Which has the address of 648—28th Street,Marathon,Florida 33050
(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.
1111
In Witness Whereof, Monroe Count
y has caused this document to be executed as of this Le day of
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Ari� ,;r `(sS' ALu BOARD OF COUNTY COMMISSIONERS
'` f'/',y.A '','S v ,ry MADOK,CLERK OF M 4 NROE •UNT L►.ail i
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STATE OF FLORIDA
COUNTY OF MONROE
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Subscribed and sworn to(or affirmed)before me,by means of physical presence or El online notarization,on this LO day
of 144,1/IA 2024 by Holly Merrill Raschein,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
11AOGIRAW. Last aforesaid this re day of ,2024.
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Printed Name
Monroe County Attorney's Office 4iti-a,lot?),
Approved as to form and legal sufficiency Commission No:
P Al -�010A5
U" M Commission
Expires:
Christina Cory,Assistant Cou ty Attorney