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Agenda 11/08/2011 Item #16D 1.11/8/2011 Item 16. D.1. W_.. j;�� n Recommendation to approve and authorize the Chairs to sign two (2) satisfactions of mortgage for owner - occupied affordable housing units that have satisfied the. terms of assistance or repayment in full has been provided to Collier County. OBJECTIVE: Approve and authorize the Chairman to sign two (2) satisfactions of mortgage for owner- occupied affordable housing units that have satisfied the terms of assistance or repayment in full has been provided to Collier County. CONSIDERATIONS: The State Housing Initiatives Partnership Program (SHIP), a state affordable housing grant, offers assistance to first time homebuyers for use toward a portion of the required down payment and emergency repairs to the newly acquired home. As a condition of award, the homeowner must repay the assistance provided upon sale, refinance or loss of homestead exemption. The following table details two (2) clients who have repaid all funds expended on their behalf and are entitled to a satisfaction of mortgage. Name Security instrument Payoff Amount Public Record Theresa M. Stahl SHIP Second Mortgage $10,000.00 OR Book: 3689 PG: 2866 Jose Garcia SHIP Second M $2,500M tR Book: 2185 PG: 0328 Approval of this item will authorize the Chairman to sign the aforementioned satisfactions of mortgage and the executed documents shall be recorded in the Public Records of Collier County, Florida. MCAL UdEAO: SHIP funds in the amount of $12, 500.00 have been repaid and are considered program income. Such funds may be reused for eligible SHIP program activities. GROWTH MAN,P�GEM M IWACT: There is no growth management impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This item is legally sufficient and requires a majority vote for. Board action. JB W STAFF RECOMMENDATION: Approve and authorize the Chairman to sign two (2) satisfactions of mortgage for owner - occupied affordable housing units that have satisfied the terms of assistance or repayment in full has been provided to Collier County PREPARED BY: Kimberley Grant, Interim Director, Housing, Human and Veteran Services Packet Page -839- COLLIER COUNTY Board of County Commissioners Item Number: 16.D.1. 11/8/2011 Item 16.D.1. Item Summary: Recommendation to approve and authorize the Chairman to sign two (2) satisfactions of mortgage for owner - occupied affordable housing units that have satisfied the terms of assistance or repayment in full has been provided to Collier County. Meeting Date: 11/8/2011 Prepared By Name: DoriaPriscilla Title: SHIP Loan Processor,Housing, Human & Veteran Services 10/7/2011 8:25:39 AM Submitted by Title: SHIP Loan Processor,Housing, Human & Veteran Services Name: DoriaPriscilla 10/7/2011 8:25:41 AM Approved By Name: GrantKimberley Title: Interim Director, HHVS Date: 10/19/20119:51:04 PM Name: NelsonTona Title: Administrative Assistant, Senior,Parks & Recreation Date: 10/20/20118:23:36 AM Name: RamseyMarla Title: Administrator, Public Services Date: 10/21/2011 10:46:47 AM Name: WrightJeff Title: Assistant County Attorney,County Attorney Date: 10/27/20118:24:03 AM Packet Page -840- Name: KlatzkowJeff Title: County Attorney, Date: 10/27/20119:17:28 AM Name: PryorCheryl Title: Management/ Budget Analyst, Senior,Office of Management & Budget Date: 11/2/20118:44:49 AM Name: KlatzkowJeff Title: County Attorney, Date: 11/2/2011 12:13:54 PM Name: OchsLeo Title: County Manager Date: 11/2/2011 1:12:49 PM Packet Page -841- 11/8/2011 Item 16_D 1 11/8/2011 Item 16.D.1. 11/8/2011 Item 16.D.1. �t Prepared by: Priscilla Doria Collier County Housing, Human & Veteran Services 3339 E. Tamiami Trail Naples, FL 34112 k THIS SPACE FOR RECORDING SATISFACTION OF MORTGAGE KNOW ALL MEN BY `I'IIESE PRESENTS: That COLLIER COUNTY, whose post office address is 3301 E TAMIAMI TRAIL, NAPLES, FLORIDA 34112, the owner(s) and holder(s) of a certain Mortgage executed by Jose Garcia to COLLIER COUNTY, bearing the date of April 30, 1996, recorded May 20, 1996 k in Official Records Book 2185 Page 0328, of the Public Records of Collier County, Florida, securing a principal sum of $2,500.00 and certain promises and obligations set forth in said Mortgage, upon the iroperty situated in said State and County described as follows, to wit: Lot 10, Sunrise Villas, *cording to the Plat thereof, as recorded in Plat Book 8, Page 75, of the Public Records of Collier County, Florida. (2430 Shadowlawn Drive, Naples, Florida 33962) COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage, and surrenders the same as ci t celled, and hereby directs the Clerk of said Circuit Court to cancel the same of record. r Dated this day of , 2011. ATTEST: BOARD OF COUNTY COMMISSIONERS DWIGHT E. BROCK, Clerk COLLIER COUNTY, FLORIDA By: By: Deputy Clerk FRED W. COYLE, CHAIRMAN U k' Approved as to form and legal su ciency: t y Jeff A. W 'ght Assisfh2f County Attorney k F Packet Page -842- 11/8/2011 Item 16.D.1. Prepared by: Priscilla Doria Collier County Housing, Human & Veteran Services 3339 E. Tamiami Trail Naples, FL 34112 THIS SPACE FOR RECORDING SATISFACTION OF MORTGAGE KNOW ALL MEN BY THESE PRESENTS: That COLLIER COUNTY, whose post office address is 3299 E TAMIAMI TRAIL, NAPLES, FLORIDA 34112, the owner(s) and holder(s) of a certain Mortgage executed by Theresa M. Stahl to COLLIER COUNTY, recorded on December 3, 2004 in Official Records Book 3689 Page 2866, of the Public Records of Collier County, Florida, securing a principal sum of $10,000.00 and certain promises and obligations set forth in said Mortgage, upon the property situated in said State and County described as follows, to wit: Building 1012, Unit 51, the Courtyards of Golden Gate, a condominium, of the Public Records of Collier County, Florida. (2160 43�d Terrace SW #51, Naples, Florida 34116) COLLIER COUNTY hereby acknowledges full payment and satisfaction of said Mortgage, and surrenders the same as cancelled, and hereby directs the Clerk of said Circuit Court to cancel the same of record. Dated this day of , 2011. ATTEST: DWIGHT E. BROCK, Clerk 0 , Deputy Clerk Approved as to form and legal sufficiency: Jeffrey A. Klatzkow County Attorney BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA IM FRED W. COYLE, CHAIRMAN Packet Page -843- Packet Page -844- 11/8/2011 Item 16. D.1. A A /A l^^ A A .. I 11/8/2011 Item 16.D.1. C.0 7e-r Ci01474ty Public Services Division Housing, Human $ Veteran Services August 17, 2011 To: Bonita Title Inc, Andy Mortensen From: Collier County Housing, Human and Veteran Services Department Priscilla Doria Re: Theresa M. Stahl File# 03 -299 2160 43`' Terrace SW #51 Naples, FL 34116 Recorded on 12/03/2004, OR Book 3689, Page 2866. *COLLIER COUNTY WILL NOT ACCEPT ANY OFFERS LESS THAN THE AMOUNT LISTED BELOW* *PAYMENT MUST BE PAID IN FULL* The payoff amount to satisfy the above mentioned property owner's loan with Collier County is 10 000.00. This is a zero (0) interest loan with no payments. Payment due when property is sold, refinanced or loss of homestead. Payoff will remain the same regardless of date. Payment should be made to "Collier County Board of County Commissioners" and delivered to: Collier County Government Housing, Human and Veteran Services 3339 E. Tamiami Trail Bldg H, Suite 211 Naples, FL 34112 If you wish to have us riord the satisfaction, please include a separate check in the amount of 10.00 made payable to: Collie County Clerk of Court. Thank you, Priscilla Doria, Lc (239) 252 - 5312 -phc (239) 252- 6518 -efax 239- 252 -CARE (2273) - 239 Processor Flousing, r7 HLIniaii and Veteran Sev r of couw county 3301 East Tamiami Trail • Health Building - Naples, FL 34112 • 239 - 252 -CAFE (2233) • 239- 252 -RSVP (7787) • 239- 252 -VETS (8387) • www .colliergov.net/humanservices Packet Page -845- 11/8/2011 Item 16.D.1. 82COM >a 3s Iota: isi MUM TIM 11CHDID in t80 l4C AL RIC XS Of PIG: i 2866 IL 0860 10000.00 PICT OP 12/03/200(1 it 11:36M DVICBT 1. 810CL, CL111 � Onc 11000.00 uc m U. 00 DOC -,35 35.00 THIS SECOND MORTGAGE rSew ty khstMnert-) is given on November..9r , 2004. The Second Mortgagor is: Theresa M. Stahl, A Single Person (- Borrower ). This SeaxMy Instrument is given to _ Collier Conaty ('Cancel -), which is orgaryaed and trusting under the laws of the United stets of America, and whose address is 2000 teems tiorsesCLIN Drive *400 1 and w llorida 34014 . 90nower owes Lender the sum of Tea Thawand and elo /100ehe Dollars (U.f. g 10.000.00 ). This debt k NWstmosd by Borrowers Nets dated the awn date as cps Security knit rest ('Second Mortipw -). which provides, for POO MO, with the lei dsbt; N not paid earlier, due and payable on sale of aroverty. refinance or loss of �� 3raesta" aseerae LOn . This Seaxity Instrument serer W Larder. (a) the repayment of time debt evidenced by the tots, with InterasL and ail renewals. eklansions and modifications; (b) the payment of all other sums, with interest advanced under paragraph 7 to protect the security of the Security bhatrumarre; and (c) the Performance of Borrowers covenants and agreements under this Security Instrument and txl� � this purpose, Borrower does hereby 30MM rtwrtpage. grant and convey to Larder the fop wing desrxibed Property lo�aWin As more which has the Particularly address �� es Building 1012, Unit 51, The Courtyards of Golden Gate, A Condominium, Collar County, Florida and (- Pmpwty Address'): 2160 43rd Terrace Sift , 051 lee Florida 34116 TOGETHER WITH all the improvements now or hereafter erected on the property, and all asserrhents, rights, appurtenances. rents, M8111 s. mineral, dl and gas rights and Profits, water rights and stock and all fixtures now or hereafter a Part Of the property. AN replaeernertis and additions than also be otrvered by the Security butrument. AN Cyr ft foregoing is referred to in this Security instrument as the - Property'. BORROWER COVENANTS that Borrower is lawfully salt he estate hereby conveyed and has the right to mortgage, grant ant convey the Property and that the Property is unencrun or of record. Borrower warrants and will defend generally the We to the Property against an cairms and demand' r of recur THIS SECURITY IMSTRUMENT combi hi nanta for �?B d anon- uniform covenants with limited variation by jurisdiction to constitute a uniform security inatru ng red prey UNIFORM COYEf*XTS. Borrower a cur covenant ant agree as (OI 1. Pay W- of Principal ant t riL ssh hall Promptly pay when due the principal of and bderest on the debt evidenced by the Note. 2. Taxes. The Mortgagor will pay 1 s pfhareon. to the aoxxual of any penalties or imhlereet The Mortgagor shat pay or caste be as (X1) all taxes and govertsrnertal kind �na�v ice charges', a► may In any time Im 1 or Property, (2) all utility and charges. including ohar9es Incurred or im ai ce, upkeep ant Improvement of tre Property (3) all assessments or other governmental that may IffOuffy be inmate m r a and obligOW under the Mortgage to pay or cause only such instal a to be � during term � shall Mortgage. shall. Promptly after the payraent of any of the forward to mD Malgage, oft 3. APPIh+ don of PaymentIL Unless law Provides otrervvfsa, amts reosived by Lender shall be applied; first, to interest due; and, to principaldue; and last, to any due under the 4. Charges; UenlL Borrower shall pay all attain Priority over this Security Instrument, ant leawsehoI and Impositions attributable to the Property which may MUM of amounts to be paid under this paragraph, ant ail N any. Borrower shall promptly furnish to Lander all ng the payments. the of�orr Shall WOMPtly discharge any lion which has priority over this Security Instr~ unless Borrower; (a) epees kh to enforcement of the lienh um secured by the lien in a manner sox able to lender, (b) contests in good faith the lien by, or defends against is holder of the ten an legal proceedings which in the Landers opinion operate to Prevent the eNoroement of the liar, or (c) septet from of agreement salialactory to Lander subordirtadimhg the lien to this Security Instrument N Lender daterm inas tlat any pert Borrower �Y is subject li n lien which may attain priority over the Secu ity Instrument, Lender may give Borrower a notice identifying the Tian. shall satisfy the lien or take one or more of the scions se[ font above within 10 days of the giving of nonce. 5. hand or Property Insurance. Borrower shall keep the improvements now ebb or Imereafter erected on the Propsny tnsmrad against loll by fin, fhazards lhcuded witltin the term 'extended ooveraper ant any other hazards, including floods or flooding. for which Lender requires inehsanoe. This insurance shale be maintained in the anounts and fox the periods that Lender requires. The Insurance carrier �ntarhleg the insurance shall be chosen by Bomower subject to Lenders approval which shall not be unreasonably w"Wd. t Borrower fail$ to coverage described above. Lander may. at Lenders option, obtain coverage, to protect Lenders rights in the Property in accordance with paragraph 7. At all tmenViall tlm Note is outstanding, the Mortgagor shall maintain insurance with respect to the Promises against such risks and for such amounts as are cuscornerily insured against and pay, as the same become due and payable, all premiums in respect thereto. Including, but not limited to, a"sk Insurance Protecting the interests of the Mortgagor and Mortgagee against loss or damage to the Premises by fire, lightning, ant other casualties customarily insured against (including boiler explosion, N appropriate), with a uniform standard extended coverage endorsement, including debris removal coverage. Such insurance at all times to be in an amount not less than the full replacement cost Of the Premises, exclusive of footings and foundations. AN Insurance Policies and renewals shall be acceptable to Lender and shall include a standard mortgage clause. Lender shell have the right to hold the policies Said renewals. If Lender requires. Borrower shall Promptly give to Lender all receipts of paid premiums and renewal notices. In the event of loss, Borrower shall give Prompt notice to the insurance carrier and Lender. Lender may make proof of loss N not made PrSrrpty by Borrower. Uness Lender ndrrr�d raseoreo on d Borrower otherwise agree in writing, Insurance Proceeds shall be applied to restoration or repair of the Property or repair w eoonomtcally feasible and Lenders security is not lessened. N the restoration or repair is not economically fesslble or Lender's security would be lessened, the ksurance proceeds shall be applied to the sums secured by the Security Instrument vwthether or not tfhefh due, with any excess paid to Borrower. N Borrower abandons the Property, or does not answer within 30 days s notice from Lender that the insurance carrier has offered to settle a claim, then Lender may comed the msuranoe proceeds. Lender may use the Proceeds to repair or restore the Property or to Pay Burns seared by this Security Instrument, whether or not then due. The 304ay Period will begin when the notice is moaned. Unless Lender and Borrower Otherwise agree in writing, any application of proceeds to The X shall not extend Or >nd Property eaoxlw'rrhd by Lerhder, Borrower's payments to refemed to in Paragraph 1 or change the arraurt of Us payments. t under Paragraph the acquisition shall pass to Lander to the extent of the sums arry insurance Policies and proceeds secured by this Security InstiwWrit immediately f B. Oceupency, PrpsrvWcck Mafntsnarnu and Protection of the Property; Borrowers Loan I to the dos. acquisition. y Prior Shall �r+Py, wish, and use the•Pmoperty as Borrower's principal residence within in sbdy days after exacubw of f thisSn unit Instrument Borrower shall shall continue to occupy the Property as Borrowers principal residence for at least One year tiler the date of oca Instrument and otherwise agrees in writing, which consent shad not be unreasonably Paexis unless Lender Borrower's control. Borrower shall not destroy, withheld, or unless extenuating circumstances exist which are beyond roy, damage or impair the Property, Blow the Property to deteriorate, or comma waste on the Property. Born war shall be In defoutt if any forfeiture action or proceeding, whether civil or criminal, is begun that in Lenders good faith k Packet Page -846- An. A /AA 11 f•1'1 'I N•err. I C Ml I OR; 3689 11/8/2011 Item 16.D. 1. judgmat g nld result in folfeigxe of the Property or aherwme materially impair the lien crOMW by this Security instrument w Couplers security with a rulkhg Uhet Lmanc�dsf s good dNermiruetion provided m� 1 B, try posing the action « proceeding b be dismissed impaknmermP d the Iles peered by d IBM dolo y Instrument L forfeiture of the BOrn°w 01's interest in the Property or ohm material ban epppcation process, g� materially false «hr me ntor soma y interest. Borrower shop also be n defaWt N Borrower, during Ca �\ irtbmretion) in connection with the ban evalse rd by the Note, including butWrrw j to to, Lender (or lolled to Provide Lender with any material N Barpwer�ety s a toresidence. N this Setsxlty Instrument is on a leasehold. Bonower s � m f a 7. ?roMction ar4 the Property, the a pn*ld and the fee title shall not merge unless Lender agrees to the writing. Rights in the Property. N Borrower tails b perform the covensift and merger in writs S@mt* lnetrurrrent, w Celli is a legal proceeding that may significantly aped Larders rights in the Pro agreements contained rding in this bankruptcy, Probate, for condemnation or forfeiture w to enforce laws w en Penfr (sues or a proceeding in Proled the value of the Property and Larders rights n Ume regulations). then Lender may do and pay for whatever is necessary which to has Priority over lhis security Instrtsrrem, appearing In spur reasonable Lenders actions may include Pang any suns secured by a lien which Although Lander may take action under this � not av ado so. fees end entering rs the Progeny b make repairs. Paragraph 7 a" become additional debt of Borrowers 7, Larder does not have a ru so. Any amounts disbursed a der under this Of Payment. these arnounta shop bear interest�from the date of disburawn�entyat the Note rate and 3 beer and Lender agree to other terms from Lender b Bonower requesting Payment. Payable, with interest upon rheice & "" 1111111819 kuhvrm*, Borrower mWonco. N Lender required mortgage insurance as a condition of making the loan Secured by We Security °°wraps nquked by Lendtir mpg" or oseseB�be In to �ct, mainialn the r OW pa Me Premiums u s M N. f« any reason, the morlpags insurance egdvabrt b Cue rnwVBpa Insurance Previously in eNed,� cost Substantially the Premiums required loo -vamps substentany Ireylouay n effect from m eflenmate equivalent b the cost to Borrower of the available. Borrowo shell Pad to Lender approved by Lender. N substartisily equivsiert mortgage mrmaurorce mortgage i not reuse I equal b one twdhh of the yearly premium being Paid by in lieu f when the insurance coverage speed w ceased b be in effect. Larder will accept, erd r Pro P�Ynmments as a loss reserve the arriourit and th lieu d monpafo do pert o. Loss reserve peymentB m ro longer be nmwWired, at the option of Lender. N mortgage lsurerhe coverage (in Bonower sh pay :-Ids urt� Lerder re9uires) rovidd boes avaable and is obtained. mortgage Insurance iri;ac �dsrm wrbUm a ss rtnerye. until the requirement fw o. tnSpso. Lender or its belwreen fO and Lender «appNcable law. notice at the time of « agent make rsaaonablle entries upon and inSpadions d the Property. Lender shall give Borrower 10. Corwdenmlxhrb an ksDeetion spedfyyg reasonable pose for time nspaction. or other taking d any part of, property pn�s d � in claim lieu f damages, direct w consequerrtfal. in tnrsbclkn with any condemnation event d a 10101 Wring of the Property, Or for condem nabon. are hereby assigned and shall be 0htilh 1�noperly, the' shall be applied to to sums secured by this Security peke b Lender. In the WW erases Paid b SwIowwer. In the event or a pwbgl taking d the ri meue of the , vvmpler,i not then due. before Sonoweir arid Lender the sgwl e°ar greater than the amount of the Bums secured by is sacurky Instrument Imnmedialel I oCme w ae agree n writing, the shuns second ttmis Y before the taking, unless multiplied by the bpowing fraction: (a) the bbl anwurrt d Instrument snap be radioed by the amount d the proceeds Of the Property kw ns*st* before the taking. Any ate y before the t ng, divided by (b) the fair market value the fair market value of Ce property i medira� is leas portal the �y n which unless Borrower and tender otherwise agree to of the Burns secured immedialely for the taking. SecUred by Ws Seauty kmin~ wRhsther or me era their due law the proceeds shall be applied b the sums KNOWS teethe anrhotrt of s b �O� shall not Oe the o W� n �mDe poym *. refereed b in Paragraphs 1 « 11. BorrOWN WofRUsassd, F ° amorCration of the, sums sedurad by this ° d time for Payment or modification of rObwe tin sabpky, of the rot Borrower Bo rs s I in dw Borrower not operate to sG I any Successor in krtMest «Muse Instrument by reason of any efcwmard made ° of the sums secured by this Security or exerdwrig any right or remelt' shall riot be a of or Preclude the ex or n interest Any forbearance by Lender in Irwb~ shag es i s and Several covenants and agreements of this Security Provisions of paragraph 17. Borrowers ions d Lander and 10 the Instnxnant but does riot execute Ce Note; (a) is shall be joint Any Borrower who co-signs this security in the Property under the terft of Chia Security I Security Instru mortgage, gram and convey that Borrowers interest and (e) ogrsm Cat Lender and any other Bonower hey ( b Pay the suers secured by this Security Instrument of this Security instrument OFT* Note without that Bonowees or crake any accommodations with regard to the terns 19. Loan ChngM N the loom waxed by Ces Somulty Instrument is Subject lemur is fsisily k*Wprekd so that the interest «athsr khan charges collected or b b cllectaid in rmecdorh vvitl► thetfs bum exceed the par miW Wails, than: (a) any such bon charge shall be reduced by the amount necessary to reduce the scone to the Permitted limih ord (b) any sorts *Body collected from Borrower which aeoeeded Permitted limps will be Mf unded b Borrower. Lender m chose to make Cris refund by treated as a the�Wr owed indar the Note or by making a direct Payment 10 Borrower. N e fund re duces principal. the reduetiorh will be Prapoynr M "*W Bey pnpegnsnt dmarge ruder the Note. class reuse% unless Any 00WO b Borrower provided for n this Security Instrument shall be !liven by delivering It or by mailing it by first applicable tow squired use of another ma hod. The notice shall be directed to the Property Address «any other address Borrower designates o Lender. Any notice b Lender shall be given to Borrower w Larder when givers as provided n this Paragraph. the Property is located. In fhh+ anent that This Securely Instwument shall be governed by federal law and the low of the jurisdiction in which conflict asap rho Meet other any Provision Or Clause of this Security Instrument or the Note ca MkU with apPlicabie Paw, such Ws end the pro"le1Ons of this Security Instrument or the Note which can be given after without the co lip Provisions d thil Seounty, Instrument and the Note are declared 10 be severable. sting provision. To 17. Transfer rd C Copy. Bonower shall be g� one conformed COPY of the Note and of this Security lstnxn SM property a a Beneficial Interest in Borrower. N all or any pan of the Property or arty Interest in it is sold or transferred consert, Lender msi interest in Borrower is sold «trensferted and Borrower is not a natural person) without Lenders Prior vwPg� not be wwrcised °p°0n' require immediate payment in full of all sums secured by this Security Instrument. However, this option shall by Lander N exercise is prohibited by federal law as of the date of this Secu lnsinxrent. C Lender exerclaed Ws °Ptbrl, Launder strap give Bom°wer notice of acceleration. The notice shall Provide a period of rot Was than 30 days from fhe does the notice is dskwW or mailed within which Borrower must pay all suns seaueci by this Security Instrument. If Borrower fails to notice or demand on Borrows of this Period. Lender m invoke any r0medies Perm bed by this Security Instrumart wilhout k tw Seaxfgr hrstrtxnhert � at Ralasf�a• N B°nOWW Meats certain conditions. Borrower Shag have the right b have enforcement of this re Millenent) betas sale of the any time Prior b the earlier Of: (a) 5 days (or such other period as applicable law m specify for ordbrcirV this sea Property pursuant to any Power of sale contained in this Security Instrument; or (b) entry or a judgment Instrument and Note a as d ho Those � occurred; Borrower (a) Pal's Lender all sums which then would be due under Ws Security incurred in entordng this ssif ho ors ( ) cures and default of any other covenants or agreements; (c) pays all expenses Instrument, inducing, but not lir1111W b, reasonable albneY's fees; and (d) takes such aedonh as Lender may secured reWke b assure that the pan of this Security Instrument• Lenders rights in the Property rind Borrowers pay the sUrns hheereeby shall instrument effective continue no unchanged. upon reinstatement marl by Borrower. this saaaity, lust nerht and Bic oblipalions segued acceleration had ocwrnd. h{pwm or, this right b reinstate shall not acoelaration under paragraph 17, apply in the pee of be sold Ono 111. Sale of NOW Change of Loan Servicar. The Note or a partial interest in the Note (together with this Security Instrument) may collects rwhm r more times duo undo the Note D Borrower. A sale may result in a change n the entity (known as the 'Loan Sermw) that unrelated 10 a sale of the Noe, N there is a Security Instrument. There also may be one w more charges of the Loan Servicer Change off the Loan Servicsr, Borrower will be given written notice d the change n acowdarmce with Packet Page -847- * ** OR: 3689 11/8/2011 Item 16.D.1. paragraph 14 and applicable law. The notice vAN State the name and address of the new Loan Sarvicer and the address to which payments should be made The notice cute also contain any other information required by applicable law. Substances on Hazardous . Borrower shell not cause or permit the presence, use, oiapmal, storage, a release a any Hazardous Environmental Law. The property. Borrower preceding two eentsencels not str��, n al� an� Oise to do. anything affecting the Property that is in violation a any Hazardous Substances OW are generally recognized to be appropriate ri the presence. use, or storage on Ohs Property a .malt qusndtles a appropriate to normal residential uses and to ma nt rbnoe of the Borrower shall Promptly gNe Lester written notice for any investigation, claim, demand, lawsuit a other action by any gtmmrr or regulatory aperwy or Wvsa s party invohilr the Property and any Hazardous Substance or Environmental Law of which Borrower has actual knowledga. K Borrower teams. or is notified by any govemmentat a regulatory authority. that any removal or other remedialion or any Hazardous Substance affecting the Property is necessary, 50 war shall Promptly take all necessary remedial actions in accordance with Environmental Law. As used in this paragraph 20, "Hazardous Substances* are those substances defined as toxic or hazardous substances by Environmental Law and the folio ring substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pi stickles and herbicides, volatile Solvents, metwulle oontmr*V asbestos or formaldehyde, and radioactive matenals. As used in this paragraph 20, "Environmental Law' means federal laws and laws Of the Jurisdiction where the Property is located that relate to hoW4 safety or environmental protection. 21. Acpluallon; Rwnadlss. Lender shall gNe notice to Borrower prior to acceleration following Borrower's breach of any covarwrt or agreemnt in this sOGSEy Instrument (but not prior to acceleration under paragraph 17 unless applicable law provides otherwise). The notice shall specify: (a) the default: (b) the action required to are the dafauO; (c) a date, not less than 30 days from to date to notice is givan to Borrower, by which the defaut must be cured: and (d) that failure to cure the default on or before the date spadfbd In the notice may result M acceleration of the wms seamed by this Secunty tnstrumart, foreclosure by judicial proceeding and sale of the Property. The notice snail further Imam Borrower of the right to reinstate after acceleration and the right to assert in the foreclosure proceeding the non.existance of a defahAt or arty other defense of Borrower to acceleration and foreclosure. If the default is not cured on or before the date specified in the notice, Lender, at its option, may require immediate payment M full of all sums secured by this Security Instrument without further demand and may foreclose this Security hnOrinnent by judieiai goose ft. Lender shall be entitled to collect all e)Wdes int:ured in pursuing the remedies provided in this paragraph 21. including, but not limited to, reasonable attorney's fees and costs of the title evidence. 22. Release. Upon Payment of all sums seared by this Security Instrument, Lender shall release this Security Instrumar t, without charge, to Borrower. BWMWW shall pay any recordation Costs. an appellate oourL Aftwr*W FOas. As used in this Security Instrument and the Note, "attomeys' fees, shall include any attorneys' fees awarded by 24. Ridare to this Security InstrumenL If are or more riders are executed by Borrower and recorded together with this Security Instrument, the Coranrents and agreements of each such rider shall be Incorporated into and shall amend and suppWnent the covenants and agreements of this Seaxitytnstrument as If the rider(s) were a pan of this Security Instrument. (Check Applicable Box) ❑ Adjustable Rats Rider Rate Improvement Rider ❑ Condominium Rider ❑ Graduated Payment Ridsr g 1.4 Family Rider a� ❑Second Honkie wider O Otha(s) (sPr ❑Biweekly U� Development Rider SIGNING BELOW, Bortwvtlr accepts and by Borrower and recorded vitth it. Signed, STATE OF FLORins, COUNTY OF in the prssenc4 a: EP Signature: Co- Borrw Instrument and in any rider(s) executed —7160 43rd Terrace Sp., t51 Nantes, Florida 34116 1 hereby certify tha(on this day, before me, an officer duly authorized In the stale aforesaid and in the county aforesaid to take oicailisdigarraift. Pwwn* appeared Theresa M. Stahl to me known to be the person(.) described in and who executed the foregoing instrument and ackrowledgell before me that (Haf shot they) executed the same for the purpose therein expressed. J�( WITNESS my hand and offlctai seal in the County and State day a 20_ {�_"1 My Commission Expires: / N blids ignat re () Notary's Name Liston L Ekrondo WCOMMISSIONe DD103110 ELMS lure 14 2006 Filek 03 -299 Packet Page -848- u H 0 -000) a T (. y*A Page-849- A 4 /G M/14 4 1A.-- A n n A 11/8/2011 Item 16. D.1. 11/8/2011 Item 16.D.1. C�.o » rouMty Public Services Division WAVAW Housing, Human & Veteran Services May 10, 2011 To: Florida Unlver ai Title, LLC Goede & Adamczyk, PLLC Attn: Paula DdMuth From: Collier. County Mousing, Human Priscilla Doria Re: Jose Garcia x 2430 Shadowrwn Drive Naples, FL 34112 Re d—d and Veteran Services Department cor on 0P/20 /1996, OR Book 2185, Page 0328. The payoff amount to Ptisfy the above mentioned property owner's loan with Collier County is 52.500.00- This is a z *o (0) interest loan with no payments, therefore the Payoff the same regardless of date. This loan was given for the assistance in the purchase lf their an home and is payable on sale, refinance, or loss of homestead exemption. s Payment should be nitde to "Collie r County Board of County Commissioners" and to: dellvei" Collier County Government Housing, Human and Veteran Services 3339 E. timiami Trail Bldg H, Suite 211 ,Naples, FL 34112 Attention: Priscilla Doria r Please contact me if yo(u have any questions 239 -252 -5312. Thank you, ;k s A49404 �ouc�, , oa„c zoecdamt Housing, Human and Veterann Sew 238 - 252 -1-'ARE 3301 East TaniwW Trap - Heafth Bt4tdiog . Naples, FL 34112 n (2273) • 2� 252-HOME (4�i • 239-252 -CAFE (2233) • 239 - 252 -RSVP (7787) - 239-252 -VETS (W) • www. 0Dftgov.netthumanservfoes Packet Page -850- 4 -' 11/8/2011 Item 16. D.1. 1057947 OR: 2.t14 a<,j. W469 Man is OHM a= of MM cam, n /1 /21l1f It 0:12U 111M 1. low. 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