Agenda 12/08/2015 Item #16D1712/8/2015 16.D.17.
EXECUTIVE SUMMARY
Recommendation to approve and authorize the Chairman to sign satisfaction of mortgage with
W.L. Crawford and Dorothy L. Crawford and Jim H. Moody and Tina P. Moody for the
rehabilitation of ninety- six rental units that has been repaid in full.
OBJECTIVE: To approve the satisfaction of mortgage for a loan repayment that provided benefit to
low- to moderate - income persons in Immokalee.
CONSIDERATIONS: On March 28, 1985, a mortgage was entered into between W.L. Crawford and
Dorothy L. Crawford and Jim H. Moody and Tina P. Moody and Collier County in the amount of
$190,000 with annual payments of $6,333.33 at 0% interest for twenty -nine years ending on September
30, 2013. On June 10, 1986, the Board approved Resolution 86 -104 to commit the loan repayments made
by the property owners to eligible Community Development Block Grant (CDBG) activities with funds
expended on low- income housing within Collier County.
It should be noted that the original 1985 note required repayment in twenty -nine years at $6,333 per year,
however this appears to be a scrivener error and the correct number of years should have been thirty, to
equal full repayment. The final payment was received September 30, 2014.
The developer has fulfilled obligations of the Community Development Block Grant program and staff
recommends approval of the following satisfaction of mortgage:
Developer
Legal Description
Loan
Amount
Mortgage Being
Released
W.L. Crawford and
Lots 12,13,14 and 15, Block 7,
$190,000
$190,000
Dorothy . Crawford and
y
Carson's Addition according to the
Plat thereof recorded in Plat Book 1
$190,000
OR Book 00 1127
Jim H. Moody and Tina P.
Moody
page 33, of the Public Records of
Page001924
924
Collier County, Florida
Please note that the mortgage amount described above is the amount of funds returned to Collier County.
The following table provides a detailed account of the funds repaid as required.
Name
Mortgage Amount
Funds Expended
Accrued Interest
Payoff Received
W.L. Crawford
$190,000
$190,000
$0
$190,000
and Dorothy L.
Crawford and Jim
H. Moody and
Tina P. Moody
Approval of this item will authorize the Chairman to sign the mortgage satisfaction for rehabilitation of
affordable housing dwelling units and acknowledges that the developer has satisfied the terms of
assistance provided. Following approval and execution, the documents shall be recorded in the public
records of Collier County, Florida.
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The funds will be recommended for allocation and will be brought back to the Board for consideration
and approval.
FISCAL IMPACT: Funds to record the satisfaction of mortgage are budgeted in the CDBG Grant Fund
705 Project 33434.
GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this
Executive Summary.
LEGAL CONSIDERATIONS: This item is approved for form and legality and requires a majority vote
for Board approval. -- JAB
RECCOMMENDATION: That the Board of County Commissioners approves and authorizes the
Chairman to sign satisfaction of mortgage with W.L. Crawford and Dorothy L. Crawford and Jim H.
Moody and Tina P. Moody for the rehabilitation of ninety -six rental units that has been repaid in full.
PREPARED BY: Kristi Sonntag, Federal and State Grant Manager, Community & Human Services
Division
Attachments:
1) Satisfaction of Mortgage
2) Mortgage
3) Resolution 86 -104
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COLLIER COUNTY
Board of County Commissioners
Item Number: 16.16.D.16.D.17.
Item Summary: Recommendation to approve and authorize the Chairman to sign
satisfaction of mortgage with W.L. Crawford and Dorothy L. Crawford and Jim H. Moody and
Tina P. Moody for the rehabilitation of ninety- six rental units that has been repaid in full.
Meeting Date: 12/8/2015
Prepared By
Name: SonntagKristi
Title: Manager - Federal /State Grants Operation, Community & Human Services
11/4/2015 1:27:18 PM
Submitted by
Title: Manager - Federal /State Grants Operation, Community & Human Services
Name: SonntagKristi
11/4/2015 1:27:19 PM
Approved By
Name: Bendisa Marku
Title: Supervisor - Accounting, Community & Human Services
Date: 11/9/2015 3:13:13 PM
Name: GrantKimberley
Title: Division Director - Cmnty & Human Svc, Community & Human Services
Date: 11/13/2015 9:01:34 AM
Name: AlonsoHailey
Title: Operations Analyst, Public Services Department
Date: 11/13/2015 2:20:13 PM
Name: TownsendAmanda
Title: Division Director - Operations Support, Public Services Department
Date: 11/15/2015 9:29:50 AM
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Name: RobinsonErica
Title: Accountant, Senior, Grants Management Office
Date: 11/18/2015 7:43:45 AM
Name: CarnellSteve
Title: Department Head - Public Services, Public Services Department
Date: 11/18/2015 8:55:43 AM
Name: BelpedioJennifer
Title: Assistant County Attorney, CAO General Services
Date: 11/18/2015 9:04:03 AM
Name: KlatzkowJeff
Title: County Attorney,
Date: 11/18/2015 9:14:34 AM
Name: StanleyTherese
Title: Manager - Grants Compliance, Grants Management Office
Date: 11/20/2015 1:12:01 PM
Name: CasalanguidaNick
Title: Deputy County Manager, County Managers Office
Date: 11/22/2015 11:50:44 AM
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Prepared by:
Collier County
Community and Human Services Division
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 and holder of a certain Mortgage
executed by W.L. Crawford, Dorthv L. Crawford, Jim H. Moody & Tina P. Moody to COLLIER
COUNTY, recorded on 03/29/1985 in Official Records Book 1127, Page 1924, of the Public Records of
Collier County, Florida, securing a principal sum of $190,000.00 and certain promises and obligations set
forth in said Mortgage, upon the property described in the aforementioned mortgage. 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.
This Satisfaction of Mortgage was approved by the Board of County Commissioners on -
2015, Agenda Item Number
ATTEST: BOARD OF COUNTY COMMISSIONERS
DWIGHT E. BROCK, CLERK OF COLLIER COUNTY, FLORIDA
By: By;
DEPUTY CLERK TIM NANCE, CHAIRMAN
Approval for form and legality:
Jennifer A. Belpedio
Assistant County Attorney���
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pt RFC -dy PORTGAGE
co
THIS MORTGAGE INDENTURE executed this 28th day of
br) March 1985, by W. L. CRAWFORD and DOROTHY L.
2 CRAWFORD, husband and wife, as to an undivided one -half interests
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and JIM H. MOODY and TINA P. MOODY, husband and wife, as to an
3 undivided one-half interest, of the County of Collier, State of
Florida, hereinafter called the Mortgagor, which term as used in.
every instance shall include the Mortgagor's heirs, executors,
administrators, successors, legal representatives and assigns,
either voluntary by act of the parties or involuntary by
n lural, and
operation of law and shall denote the singular and /or p
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Ga = the masculine and /or feminine and natural and /or artificial
o -'
t so requires or admits,
o c°a persons, whenever and w ��`
and CO TY, a political
parties of the fir(', r.
subdivision of e ate of Florida, he Ina er called the
Mortgagee, whi t m sed instan e s all include the
Mortgagee's s cce s 1
e nd ssigns, party
of the second.par .
h go n luable
WITNESSE
considerations %_,
to secure the pa nt f e ggregate sum of
romissor
money named in y note v e herewith,
hereinafter mentio 0 ether with 0, u s of money secured
rr � a
hereby as hereinafte tc i Id C - " g g or does grant,
bargain, sell, alien, remise, re ease, convey and confirm unto
the Mortgagee, in fee simple, the following described real
estate, of which the Mortgagor is now seized and possessed, and
in actual possession, to -wit:
Lots 12, 13, 14 and 15, Block 7, CARSON'S ADDITION, a�
according toof hthelPublic thereof
Recordsrecorded Plat
i, Page 33, Collier County,
Florida.
Together with all and singular the tenements, heredi.taments,
easements and appurtenances thereunto belonging, or in any wise
`alt appertaining, and the rents, issues, and profits thereof, and
e
c also all the estate, right, title, interest and all claims an�
O , wIN PAYWNT 07 7AXE pU6
�` RECEIVED 1
> �+ Received $_e7-�-0 * -` ON CVac "C" INTANGIBLE PERSONAL PROPERTY.
D::_ument0ry Stamp Tax !' ^ �. aEi+ciw, CLERK
s c CO Collier County, Floridan _
0� Witl' m J. Reagan, Clerk D.Qr ��
by� Ott SOUNTY
V1 y N'1 47
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demands whatsoever, as well in law as in equity, of said
Mortgagor in and to the same, and every part and parcel thereof.
TO HAVE AND TO HOLD the above described property unto the
Mortgagee, its successors and assigns forever.
The Mortgagor hereby covenants with the Mortgagee that the
Mortgagor is indefeasibly seized with the absolute and fee,simple
title to said property, and has full power and lawful authority
to sell, convey, transfer and mortgage the same; that it shall be
lawful at any time hereafter for the Mortgagee to peaceably and
quietly enter upon, have, hold, and enjoy said property, and
every part thereof; that said property is free and discharged
from all liens, encumbrances, and claims of any kind, including
taxes and assessments; and that the Mortgagor hereby fully
warrants unto the Mort �ie'!e said property and will
defend the same a lawfu i sn d demands of all
persons whomsoev r. #
NOW, THER OR , on his m tg a is such that
if the Mortga or a the Mortgagee, the
indebtedness vi n d h t r o ss ry note, of even
date herewit ,� o or p yes e to the
Mortgagee, in rincipal sum of O HUN RE�^, ETY THOUSAND AND
N01100 DOLLARS 000.00) and sha r comply with and
abide by each and vei y�, a stipulatio r ements, conditions,
and covenants contain !" y, is mortgage and in the
promissory note secured hereby( t en this mortgage and the estate
hereby created shall cease and be null and void.
AND the Mortgagor does hereby covenant and agree:
1. To perform, comply with and abide by each and every the
stipulations, agreements, conditions, and covenants contained and
set forth in said promissory note and this mortgage deed.
2. To permit, commit or suffer no waste and to maintain
the improvements at all times in a state of good repair and
condition= and to do or permit to be done to said premises
nothing that will alter or change the use and character of said
property or in any way impair or weaken the security of this
2
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mortgage. And in case of the refusal, neglect or inability of
the Mortgagor to repair and maintain said property, the Mortgagee
may, at its option, make such repairs or cause the some to be
made, and advance moneys in that behalf.
3. To pay all and singular the taxes, assessments, levies,
liabilities, and obligations of every nature on said described
property each and every when due and payable according to law,
before they become delinquent; to indemnify the Mortgagee upon
its demand for all taxes, assessments and charges that may be
assessed upon this mortgage on the indebtedness secured hereby,
and paid by the Mortgagee, without regard to any law heretofore
enacted or hereafter to be enacted imposing payment of the whole
or any part thereof upon the Mortgagee.
ud�q by the Mortgagor of the
q, if a conveyanc
premises, herein . des
v any, pa , then and in that
event, at the op nd upon the demand th Mortgagee, all
sums of money cu d by diate b come forthwith
due and payabl .
S. It s f rt er o e n d n r d C y� aid parties
s sti to a f reclose this
that in the e I.
mortgage, the agee shall be ent ed to
at any time
pending such fo
ure suit to the t g jurisdiction
thereof for the ap
t of a receiv �tf 1 and singular the
mortgaged property, a aym'U
mes, profits, issues
and revenues thereof,
from w a�soever source derived; and
thereupon it is hereby expressly covenanted and agreed that the
court shall forthwith appoint such receiver with the usual powers
and duties of receivers in like cases; and said appointments
shall be made by the court as a matter of strict right to the
Mortgagee, and without reference to the adequacy or inadequacy of
the value of the property hereby mortgaged, or to the solvency or
insolvency of the Mortgagors or any other party defendant to such
suit. The Mortgagor hereby specifically waives the right to
object to the appointment of a receiver as aforesaid and hereby
expressly consents that such appointment shall be made as an
3
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admitted equity and as a matter of absolute right to the
Mortgagee and that the same may be done without notice to the
Mortgagor.
6. If foreclosure proceedings should be instituted against
the property covered by this mortgage upon any other lien or
claim whether alleged to be superior or junior to the lien of
this mortgage, the Mortgagee may at its option immediately upon
institution of such suit or during the pendency thereof declare
this mortgage and the indebtedness secured hereby due and payable
forthwith and may at its option proceed to foreclose this
mortgage.
7. To pay all and singular the costs, charges and
expenses, including attorney's fees and abstract costs,
reasonably incurred or R by the Mortgagee because
of the failure of ago r to``a comply with, and
abide by each an y the stipulations, re ents, conditions,
and covenants y f s�(id�issory —t and o)� th�s mortgage, or
either.
S. Tha t ort a r w 1 1 r 1 nd personal
property now I a by e 1 &-6 this mortgage
insured again f.'�l ss by fire, win orm an J er hazards
included in the e "extended covera o 1 periods and for
not less than suc m s as may be r e by the Mortgagee,
provided that Mortgage 1 hat the amount of such
coverage exceed that amount o coverage required to pay the sums
secured by this mortgage, and to pay promptly when due all
premiums for such insurance. The amounts of insurance required
by the Mortgagee shall be the minimum amounts for which said
insurance shall be written and it shall be incumbent upon the
Mortgagor to maintain such additional insurance as may be
necessary to meet and comply fully with all co- insurance
requirements contained in said policies to the end that said
Mortgagor is not a co- insuror thereunder. Insurance shall be
written by a company or companies approved or designated by the
Mortgagee. All policies and renewals thereof shall be verified
4
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by a Certificate of insurance which shall be mailed directly to
Mortgagee and which shall provide that the insurance provided
thereunder shall not be cancelled or altered without 34 days
prior written notice to Mortgagee. Each policy of insurance shall
have affixed thereto a Standard New York Mortgagee Clause without
Contribution, making all loss or losses under such policy payable
to the Mortgagee as its interest may appear. In the event any
sum or sums of money become payable thereunder the Mortgagee
shall have the option to receive and apply the same on account of
the indebtedness hereby secured, or to permit the Mortgagor to
receive and use it, or any part thereof, without hereby waiving
or impairing any equity, lien or right under and by virtue of
this mortgage. In the event of loss or physical damage to the
mortgaged property the rrrA J ive immediate notice
thereof by mail to gee anc e4K agee may make proof
of loss if the s m not made promptly l th Mortgagor. In
event r
event of forec su o is mvzzg oth t nsfer of title
th indebtedness
to the mortga ed Y
secured hereb , a igh , i le n
e o th Mortgagor in
1 n f s pass to the
and to any in tr
purchaser or g j
g. The M t Coe e may, at its o 't'o , ithout waiving
its right to acce
e indebtednej' y secured and to
�x'Fbq�s �ji c ter delinquency- any or
foreclose the same, pa e L ilr..
all of those certain obligations required by the terms hereof to
be paid by the Mortgagor for the protection of the mortgage
security or for the collection of the indebtedness hereby
secured. All sums so advanced or paid by the Mortgagee shall be
charged into the mortgage account and become an integral part
thereof, subject in all respects to the terms, conditions, and
covenants of the aforesaid promissory note, and this mortgage,
excepting, however, that said sums shall be repaid the Mortgagee
forthwith upon its demand and be in addition to the regular
monthly installments provided by the mortgage note.
5
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10. That no waiver of any covenant herein or of the
obligation secured hereby shall at any time hereafter be held to
be a waiver of the terms hereof or of the note secured hereby.
11. That in order to accelerate the maturity of the
indebtedness hereby secured because of the failure of the
Mortgagor to pay any tax assessment, liability, obligation or
encumbrance upon said pr ,)perty as herein provided, it shall not
be necessary nor requisite that the Mortgagee shall first pay the
same.
12. If any of the sums of money herein referred to be not
promptly and fully paid within thirty (30) days next after the
same severally come due and payable, or if each and every the
stipulations, agreements, conditions and covenants of said
promissory note and th' a 0 ither, are not duly
performed, complie ]rr,}hY abi a 7t aggregate sum
mentioned in sai issory note or othe is secured hereby
shall become d e a d ble or ere fter at the
option of the Mor ul ely as if said
aggregate sum of on y s o g p at d be paid on
such day, -- an visa a y &6 ein to the
contrary notwi \V ding.
13. It is aEe sly understood a a at the mortgage
note secured hereb 141"l-become due an a e forthwith at the
n of the Mortgag Li ring this loan the
agor shall convey away sax mortgaged premises or if the
thereto shall become vested in any other person or persons
y manner whatsoever, unless the consent in writing of the
agee herein, or its successors or assigns, is first f
ned. In the event of such transfer of title, with or i
ut the Mortgagee's consent, the Mortgagee at its option {
have the right to amend or modify the rates, terms,
i
tions, covenants and provisions of this mortgage and the
secured hereby. '
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14. Mortgagor shall fulfill all of it's obligations under
the Rehabilitation Loan Agreement between the Collier County
Community Development Block Grant Program and Mortgagor, dated
the 28th day of March 1965.
L3 crY
15. The last payment of principal and interest shall be due
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and payable on September 30, 2013 if not sooner paid. o N
IN WITNESS WHEREOF, the said Mortgagor hereunder sets his X ~
hand and seal this the day and year first above written.
Signed, sealed and delivered
in the esence�of:
it I a ter
N- 0,
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W.-L. CRAWFORD A --
rn
STATE OF FLORI
COUNTY OF COLLI
I hereby certify �t y ti,4 -, efore me, an officer
duly authorized in the s fbr and in the county afore-
said to take acknowledgements, personally appeared W. L. CRAWFORD
and DOROTHY L. CRAWFORD, his wife, and JIM H. MOODY and TINA P.
MOODY, his wife to me known to be the persons described in and
who executed the foregoing instrument and acknowledged before me
that they executed the same for the purposes therein expressed.
Witness my hand and official sea }n the county and state
last aforesaid this day of 12K/�.�� y 1985.._
Notary Public /
t NOTA. y pRnt(C STATE nF F4n *•IOA
/ L`.� •C7 - l.'.Y Ct;I,f:A!$$It "7 filnCi }il r7 flp5
Ego
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m�t(q ��7, • •� � • .t
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K Stia1e 10,. 1986
7 PAGE 56
RE50LUTI011 N0. 86- 104
RESOLUTION COMMITTING LOAN REPAYMENT TO BE COUNITY
ELIGIBLE
UTILIZED SOLELY BLOCK FOR
GRANT ACTIVITIES ON LOW
DEVELOPMENT
INCOME ROUSING. WITHIN COLLIER COUNTY.
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WHERZ&, S Collier County's 1983 Community Development Block Grant
was entered, into Agreement with the Florida Department of Community
••*•
Affairs as Contract number 64LG- 53- 09- 21- O1- E34=.'andr . :• ra ;tea
=s4t4`d ,"tV ass t•4nisa8
WggREAS.�s� � the soot
08 46; and
WHEREAS Y ,,
r .IPLau.sw y
.f_•6nd,
y,mYOi �! a t • •, Vb
, !. 7 WHERjF+�A�$�wvL �l. t t .:..,(•'ut4 !) �.T , Y �. �t� � i •: i. , ,
�€� p u Collier County s original•
4.
intent, and, ,. . ,. +JS.i s , ! .•,.T. ,,
( �'.� so" teaCba .Olf� of tEle
WHERE G*21"F )
Mortgage duly filed in-
Wgggp,&S, the Promissory Note is, secured by
dtl•b
Official 'Record Book '00_ 1I27.�Page• 001924 of the Public Records of
Moody and
Coliier. County,.. Florida (Mortgagees Mr3 Crawford and wife; Mr
wife); and
WggggAg� said loan to Mesere., Crawford and Moody is in. the amount
of ;190,000 t0 be repaid to'tCollisr County in annual installments
985 and with the last payment due and payable on
beginning September 1
September 30, 2013 if not sooner paid; and, ; tr
.. ,.• itial
WEiEREAB, inspection by the architect of the unite and is
=��•.. .... .. .. . ,.. • . of �abs.:�e. I•
rehabilitation efforts demonstrated that- '�sAsbil
mrsaaasert taasihLf and,
WHEREAS,+
wr# .datss�d.ae�i•..C�' -..�� '. -�! a;`4
+ ti ,+sit tt app g tt and.
t ; s►usivsr 4'. of
WHEREAS, �; li' gppBLrflttid:.. C!4 .
the Florida Department of Community Affairs Monitoring Report dated
October 21, 1985; and,
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• frirrLa
june 1Q, 1986
=REAS, extensive and e•:neartad staff and consultant efforts have
been devoted to resolving and clearing this Findings and,
through their
WBEREAS► the -XWJd Z#WtM
Fw.
I,�;: • Will
letter of May 22► 19g6?M►e ifd
:,• Fy :,: �aMs . tiles`, s�Ll
ty; and.
{EREAS► rest to clear this findingo and,
it is in the, County's Into
is to fund other
SikiEREI►S, a "revolving- fund" utilising loan repayments
eligible CDBC activities is common and desirable# mad►
j ;oraly needed
Within Collier County;
WOREAS►flov income housing
VOW THEREFORE BE IT RRSOLVED by
th a Board of County •Commissioners
of Collier County► Florida,,'
sad, lY. ,"; yrtiy►is;ti "t7oliles« >::,,;..
• 9� y ,: rr•:•:
This Is
adopted after motion-
second and roll call vets as
• • ti •.• - K�t� biz. }a•. . y
follows .•c :.n :'
::, ,.,,.•, 1:=':t�str�t> .r;:: ', � and aye
Commissioner Goodnight - Motioned
f ,, a �,r ••:r., t� t�'k, sa��..e� �;� _, Seconded and aye
Commissioner Voss
Commissioner Hasse -Aye
Commissioner Hollan d - Absent and not voting
Commisaionar pastor ^Aye �
J` tx� `Crtt ► , < <,,
BOARD OF COUNTY COMMISSIONERS ,. ¢ _
DATES no-12.X 486 `COLLIER COUNTY. FLORIDA
r liM. ', �atp..s +:�, ��''�;j�i'•tt }y�'t�• /�*2.�.'...
ti•pa►b►pq► + ,
sOO
A RMAN
....A,. ,�,. N. BTs . J HN A. YISTOR, ,CNAI
•CILSS if ' r .
re
L�gaJv UfIA'!!pU
005pe-s 57
Kenneth 8. Cuyle
Collier County ttnrney
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