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Agenda 04/27/2010 Item #16D13 Agenda Item No. 16013 April 27, 2010 Page 1 of 7 EXECUTIVE SUMMARY Recommendation to approve and authorize the Chairman to sign the satisfaction of mortgage for an owner occupied affordable housing dwelling unit that has satisfied the terms of assistance provided. OBJECTIVE: Approve and authorize the Chairman to sign the satisfaction of mortgage for an owner occupied affordable housing dwelling unit that has satisfied the terms of assistance provided. CONSIDERATIONS: Recipients of affordable housing assistance are required to repay the County upon sale, refinance or loss of homestead exemption. The following recipient has fulfilled the obligations of the affordable housing assistance provided by Collier County: Names Hildebrando Hernandez and Geraldina Gras Assistance Provided $2,500.00 Public Record OR 2746 PG 1960 Evidence of repayment is attached as backup material to this item. The following table provides a detailed account of the funds repaid as required. Name(s) Lien Funds Expended Accrued Interest Payoff Received Amount Hildebrando Hernandez $2,500.00 $2,500.00 $0.00 $2,500.00 and Geraldina Gras Approval of this item will authorize the Chairman to sign the satisfaction of mortgage for an owner occupied affordable housing dwelling unit that has satisfied the terms of assistance provide. Following approval and execution, the documents shall be recorded in the public records of Collier County, Florida. FISCAL IMPACT: State Housing Initiatives Partnership Program (SHIP) funds in the amount of $2,500.00 have been repaid and are considered program income. Such funds may be reused for eligible SHIP program activities. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This item has been reviewed and approved by the County Attorney's Office. It is legally sufficient for Board action. - JW STAFF RECOMMENDATION: Approve and authorize the Chairman to sign the satisfaction of mortgage for an owner occupied affordable housing dwelling unit that has satisfied the terms of assistance provided. PREPARED BY: Frank Ramsey, Housing Manager, Housing and Human Services Fax transmittal 3/5/2010 9:28:30 AM PAGE 2/002 genda Item No. 16013 April 27, 2010 Fa.x Server Page _2 of 7 Weehovla Bank. Nallon" AssocIation Generar Ledger DEBIT 10 FtOGD 1:;:mtCI ,7) G000033 ~IO ~8 Gil. ^;COIII'C 870601 11 rt CIc~Ct1MJ01t 2 (I">;J, 10J OU&10U'" 11:fi Co. .. 2002 "1 r A""",m (10) 0.001 180557737 COLLIER COUNTY GOVERNMENT 1121 N WILSON BLVD FL NAPLES FL 34120-0000 0710812004 Sande Rumfelt ':':orn!thlll!td By P'H'i". ~~o ~~~~ ".p,r.,...d 9., (,.-. 0000 006Q633 t 8008088 0416701364 2002 Prime Equity Line Cash Advance Counter Check II I ~()lLlER COUNTY GOVERN\1ENT \\~'\(":I.rt'\'t^ _..JSlomer mP.' HILDEBRAND N HERNANDEZ , Ar,n." on/' NI mAr '4386540312653133 , Cliq~". 180557737 . I ,.~~~ ,p.rRr~0033 II.oISlt, ,-;;ItA 0041Ei701364 0710812004 F&\I TO rr.e C"')ar Or: tHT****n MyseH H*_* Two thOtJsam1 nv. hJJndl'fld dOni1lfS and ZIHD cents $2,500.00 DoIlltrS Sandie Rumfelt FLl"ld!f 1-.lam6 FUOOo<' Phone l~umber /7 w!J~. AI:~'rc""". L~ature I~or .'~r A(1v~'YI t05300021~ 79902001490 WaelloYlllSlnk, Hallonal Aeneldl." Reu.U :::re~t ;;aies SU,port FLnding 9740 P.:en3r;~ !:>Ii"" Vl\o\t:;HO\-"u.. Ct'~rlXle. '.40l1h C:JmIirla 28'81 . Official Check CHECK NO. 180567737 '~T.lO -rno PAY Two thousllndflve hum/red dol/INS end zero cents T-:'THE ORCEF< OF COLLIER COUNTY GOVERNMENT -".TIN DATE 0710812004 .~MOUNT $2,500.00 1121 N WILSON BLVD NAPLES FL 3412G-OOOC $2,500.00 RE: eo8t_r HILDEBRAND N HERNANDE; VfI 0416701364 Pilioil' Aeeounl Num~r- Pu""o,, NON-MORTGAGE ( luUiI'1 By T'I",tI.,. Expr..., Ccrn~any. Inc PO eo, lWJ'1; Minn.."oIi., MN 5'54JJ 0"""'1' BDS'''. Sofo DeODst & Trus' CD Eto.tl)". r~illeaeh'J.lttt. VOID IF NOT CASHED lMTHRV 180 DA VS 3RAWE~ Wc.~. 8.~.. . Wtli",,,l A,s -1(.\atW." ~~ lt1l.."""'.lI:ll :stt"N"t V....t c 1 a055Y1nfO070~2t01 6001 0394764077799 eo lll.!l: ~mIll ~DI" fIfLl eo lJOl CI '51 '0 WLIJ rL mu 2717188 OR: 2746 PG: 196Q ItCDIDI! It tu .ollICIlL ueolDs of CULLII. CIIIm. rt llmmo. It 11: HAl DIlGIT I. 1IOCI, tUB .BeOIm 1IO-''1'aAOB 013 010 of? lIIr:i-gend,"ee~ t:'lo. ue m 15..ftPnI27 DOC".J5 US Page THIS SECOND UMTCACIi ("Security I,,~I it oNeil 011 NovIIllbIr . 2000 Tht SecOIld McIrlQIaor iI: HildlbIMClO ~ allll GerelCItne am. Hulbelllllllll WI'- ("8omIWII"). TIIII ~ Inllrumtnlll givln 10 colU.1' Cour&tY l"L"*'"). wNcIl. orgenacI end .x.... uncIer 1M '- oIlhl1 UnlWd SteIw 01 Americ:e. 111II wh_ __I II 3050 Mortb JIor..aboe DI'I..., hit. 145, "1_, Flodda 1.016. 8orroweroweaLandtrl"uumol'fWo 'l'Muaud Fi" JlUDdnd aDdllo/IOOth. Dollal"(U." I 2. 1000 00 ). ThiI debt. .vidllICId b~ BomIwIfI Note dIIICI!hIlIlIII _ n thtI Security IlIIIntlIInt ("SICOnCl MongIgI1, WIIICtl providn fOr montIIIy paymIIllI. WIIIltlll full CIIIlt.1I not _ IIrller, due ancl parlble on aale 01 pnpeny, r.U__, 0&" 10" oS! aao...t..d _tiOD . ThII SIcutIl1 """""*" IIGIII'II to LInCIer: (a) "''''''1"*'1 01' lhlIWlM ~"... NOIIt, WIIIInIII'IIt. and .. ,....... utlllIlOIll allllllllllllllllallonl. Ill) \he peJll*" 01' .. ..., -. wIItl -- .....-.1 ~........ ., to,..... \he -"y 0I'1tle SMut1\y ,~...; and (0) Itle ~ 01' ~ ___ and ......... "'*' IIlie SeoIfllr InIInII'*" and Itle Nola. For IIlie ~. eor-r... ..., ....1IlCIItgaoa. ... and -r to Lander.. fDIIcMlnI...... IIftII*tr IoClIlIClIII COlli... CounIJ. FIoridI. ,. InOI'I JIIflICuIIIIr dIIc:rIIed. .. 1ouIIl1. flit.. TrIlIt 1 U. ...... 0... ....... """11, Coller C__.,....... and WlliCII haI ..1IlIdfwII of: accordiul to tbe plat tbereof recorded in Plet Book 7, PI.e 78 of the public recorde ~f Collier County, Florida ~AiciiINa.): 1121 .. .u_ 81ft., 118111.., rlodda 3U:ao - - - ... 1" TOOETHIOR WITH .11 1M ~ _ or he_lIareNdaclOtlIhe ~.IIIll" --. riohIe.IIIDU'*'-.I'IIlII. U ~... IlliMreI. oiIl11C1 .. riohll IIICIIIIllRIL WIllI _1IICI1Iodt IIld IIlIidufIIlIOW or ""'llIIt 1 Daft of till CM'llIIIIIY. All,..... . Ind 1dd1liOfll1hl1 I. be cowtllCl b~ !hi SIcurIy 1ntInInIIlt. All of till fllIIOOilIg II rwfIIrICI eo In IliIIilCUIitJ IIlIIIUmIlIl _!hi """,,,,",". ~ft coveMNTIIl'llt DIl~ ltleWfUll1 WinO 01... - ....., _we,- ancI .... tha .... '" .......... ,- ..... I"' -,.... ~ afICI"'.... P'rvpert,.. ---....-pI.....- of........... -- - _.......---~ . ... _ .. ... "'-"" "Ihnat an elaN aNi damandl. ...... tIl 11II' 1IfIOU~ of NClOlll. a THIS S1iCURITV INSTRUMENT c:ornbi"" ulliform COYIflIflIl tor lllllon11l111 end /lClIIolIniloIm COVIftIIIII willllimlIICI VIIiIIiOII b, jurildiction to eoIlIlIMI I UIliIoIm MClIIIly iIIItIUmIIII ClMrlng UNIFORM COVENANTS. IIorrOWtr IIld LInCIer 1. ...,... of MIcIplIIftll "*'"'i In-' on ItleIMtll evldetIOM '" ... Noll. I. T-. TtlI MoItg-eor will PlY .. $ .c. "c. .}I (' IIIrillulablI to ... PIQPIftJ whidI mI, aI\IlI promplIy Unilll to LtnClef .. ahal ~ per when clue the princlpel of and prior to 1M _I 01 .", PIIfIallM or ...... tharwOn. 11" ..... and OOVIfIVlltnlll ChIIVII oIln~ 1'rClpIft1, IZ) II ., IIld CIIhIf cNrgII. ... and lmpl'V......'" of Itle PnlpettJ. . periocI 01',.... ... ....... ..... be IIII11k1 durinD the "till 0'" MonDeoe. IIIlCI Tha MDttoaoor WilIlY or ClUU 10 kind llIIlIiIlIOMt whlctImay III'" Iimt be IncIudInll "IIrwicII ChIlgII". inllUIIlICl or and (3) aI _1I.n..,," or 0lIwr CIIIIigMIIll uncIet.. a.toftpeItIl .., or ...., prarqlIIy .... .. pa,menl olin, of s. AppIlcdoIIIIIf .....,... lntIII'IIt dill: end. 10 priIloipII due; ancIlnl. t. CIII....:........ ItorIowW IIId IlIIin prioI'Ity Nt lIIlI SecurlIy InllrUmlfll. end noIiOII of __ to . paid under tIIII eon-. "'.. poomp4I, d........ .", Iieri . UlIIau ~ tal ..- on wriIino tIl ... pa,_I of... oOIigalion MCUNCI '" 1M lien in a 00II1aIII ill good lellh thtlilll by. or deIIndI agIinIt enforoImtnl 01 ...1ieIl1II..1 proceediIlp whicll ill till Pl'lvenllllllnlonllmenl of ..Iitn; or lel MClI_ from Itle hOlcIer of ... "an en ..--m NliIfIdorJ 10 Lendar lien to \II. Sec:utlly 1nIlNmIIfIt. If Lender daIIrmirlM lhat any part of Itle Propeft)I illUIIjaoIlO . lien wlIlOh ma, attain priorlly _ ... Saounllo InWulllllfll. t.endar ...., .... '--' I noliee idafI\ilyifto 1M liatl. ~ ahaI aaIIIfw IIla lien or lake 0IlI or I'IlOI'I ollila edioIlIlIllorth above wiltlln 10 dayI 01.. givlIlO 0I11C1lic1. L ......... '"'"'" nurance. IIarIaWtt' 11IIII UIp .. imprOVIlMllIl now UiIIIIII or IlIIWftIr .... 011 .. I'Iopeny ineuI'Id .... 101I11, lIrI. hUII'lII ~ wIII*l... tIlm "uIenCIId -...p" and any oIhef hall,.. inCIudInlIlIaIICII or lIOOdinI. flIr whlCII Lender ....... in__. Thie inIu_ thell. mllnltlneclln 1M amounlI 111II for IIla perioda IIIel Ltndar........ TtlIIIIIurenOI CIrriIr IlfWidlnt ..lnlIurItnoa ..... . ch_ '" eor-r.ubject tIl Landet'a epprovll Wllich lllaIIlIOI. UftI'I~ wlIhlltld. If ~ IalIIIo maInUln -.... cIetcrIIed Ibove. Landtr ""'. atl.anclal'l ootiOIl. obeIln ClMI'IlIIIo flIOlId L.tNlel'1 riohll irIlhe ,,*Ity ill IOClOIlIIIloI willlIIfIII/Illh 7. AI II lImII 1hII.. NaIl II ouWI/IdlIIg. .. MclItgIgOr ItlIIIIIIIIIlIIIn IIlIUrIllQI WlItI....1D III """"'" ..1UCfI tlIkIlIllllar _1IlIOIIIII n .. ClIIIDI'IlIttIY lnIUI'Ill...t 1IlcI.-,. alt1lllll1llleOOllllllull/lCl 1lIY-. d pIIllIl\ImIllI rwepIGt 1IIeI'I1D. iMIudltoI. '"" not IIrnIlad 10 . ..I-ftak in_ ProlaclIintI ... ___ of ... MoItg...... allll MortlIlIllM IIOIlINt .. or""" 10 the .......... " .... 1ighIn.... and ..., ___ --, Inautwd ........ tinclucling boiler expIoeiOtI. if ~). with . uMorm ......... ...... _ ._..nt. intlIudIntI.... _at _ ~ ineu.._ atallitMllo ba in an _nl 110I_ than" ful___III ~ of.... 1'ramiMI. ._Iive III feotiftot IIld foulldlliollt. All inau_ po/idet and I'IMWIIa IhaII be IOIlIIlIIbIt 10 L"'r .1Id lIIan iIleludl alllndlnllllOl'Dllll eIIuII. Lelldet IhIIIIIvt IIla riOhIlo IIoId .. poIlciH IIICI,.,...II. "LInclIr 1IQIIlm. Borrower IhIIl prompIIy giYI eo LtncIIr IIIKIiPII of llIid pIIfIliumIlna ........ 1lOIIDII. In IhI Mnt or l01I. 8oIIOWIf' IhlD give prampt "*' 10 IhIlnIUl'IlIGI GlrrlIr IIlCI LIl\dIf'. LtndIr "'" ITlIlII prwf or 101I11 not IIIIde promplIy b, 1ScImNItr. UII......1llIIf e"" DGn'OWtI' VIIIIrwiII...... In WflIlnI, Intlll'lllQf prvoIIlI' "".. lie appIlelllV ,...,...... or ..,. of \IlO Prope"J dOfnaIlICl. If... ~ or ...Ir iI.-nioallJ fuolblI and ~,.. MOUtlIy 10 not"'-. If... ---.. or repair 10 not lCOIlamiCllly ...... or Lander'11ICIIIllJ would Ill........ .. inIUtInllI fl/OGIICII IhII . eppIiad 10 .. ..... IIGIII'ICI ~ ... SlQlrily 1nItrUn\Ift1. WhIlheI' or IlOIlIlIn due. wtltlIIIJ..... palClto 1IonVWIr. If IIorrOWtr alltlldGnl till Propel11. or lion IlOI en_ wllhln 30 clip I IlCIliaI from LetIdIr Ihal \lie llII\nIlOl __ hat ofItI'Id to .... I dlim. "'" LencIor "'" 00I\0Ct Itle 1nOu_ ..--a. LencIor may - lhallf'lONlls to ... or ...- ... "'-'Y or IV _ ou"" -Wllr lIllI Secutlly ~. whaIhar or not'" dua. n. >>der --- willlllaillllNlllM IIllIiet 1& 1lIIIIlI. UIIIIIIlMlIlIf Ind 8lImMr IIIIlIIWIIIIl(JlllIn wrIiIQ. anr appbIIOn or IIRDIdIID IlIIICiDIIIIIII noI eXlInd 01' IlOIIPDI1I .. dUt CI.- or !hi monllllJ IlIYfIlIIllINllrlWID 1II1111111111lh 1 or GIll"", .. emount 01' .. peJI1lIl1lI. If umIIf PIo'ItJfIIlh 21 IhI ~ illCQIIiIICl D, LtnCIIr.1omMII'I fiIIIt eo Iny InII1f1IlC1 poIiCIIIlIlcI pcUClIICII rnuIIIn8 fnIm dImIgIlD!hI Propel1J prior 10... aoqlllOl\iOn _. pne 10 "'_10 ... _ of \IlO ...... -.... to)' ....l!IaclUtIIr 1_ ~._.-lJ prior ..... aoqulodIon. .. 000...... ~1Ion. ......_. Ind 'roIac1IoII111f tho ~: 1oIroM'" Loan AppIuIlon. L.euoIloIdI. Ilon'owr ,hall 0CiCIIIIY. MIIIlIlIII. end lIIIlIlI ProIlIltY .1omIWII'1 prt,,11IIIdInOt wIIIlln IlxIJ dI,.llIIt.. utCUIIOIl ollllil SlCut1lY IIlIII\InIIlIIIICl end GllIlIIn\lt ID 0ClllUPJ lie I"nlpInJ lllOmMII"I pnncfIll'lllllltlOlfllrllla. - ~ aflIr..... OI'~. IIn_~_ 0IhetWlIe ar-In wrtIInf, whiGII_.....notllo IIn..~"""", or - ---. - - - - ~ -.-. oontrOI. _r..... not~. ~ or........... '"'-"Y. __... '"'-'" 10............" _II - 01\'" 1'roptItJ. Borrowtr aIIaI. ill deleull if Ill' forfIIIuI'I adion or procMCIlng. wIItIIlIr civil or crWnInaI. iI bef\lIllhal in LandII'e good failtl jueIgmant COIIId _n In fOItoI\Ul'I of Itle Propalty or ...,.... maIOf\ally impair ... lien _tad '" .. Sec:urttw InalNmanl or La"'" lIIICUritr '" L.arIe* IhaII . 1jlPIiod; lir8l. tl) ~. 1 OR: 2746 ~e~g61tem ':lo. 1 01103 . . Apn127, Page of7 ,nt"",, llorrDMr mar Glj,.. eUCh . defltun .nc1 reinelltle. .. provlcIed in pareerapto ,.. b, ......... .... .... or ...-ed"" 10 be diemieMcI - . ruling Ihlll. in ~. good ,.ith determination. II....... Ioof.itu.. of the 10_'" inteIMt iI'Ithe PtaDelty fJI olhef II'lIlIIiII ............t 0'''' lien cre8led by lIlia Security IlI8trument or l.ellder'a IMlCUfiIy inll.... Borrower tIlIl IlIo be in derau. if 1lomlwIr. during lhI loll" ~ ~. gIWIlMIIriaIv ,.... or inlcc:ullll inlormllion or Illlem1n11lO LtnCIIr (or fliIId 10 provillt LIllCIIr willi an, ITlIIIIIIl Ilfarmationl in CXIIlfIICIiOn Wdh lhIlOIn ~llICI bJ lilt Noll, Inc:lUClinll. 11UI IllIlIlmlllCl 10, rep.....ntnont _.. Ilorrvwf'e ~ oIlf1t PropeItJ . . prlnCIpallftllllnct. If 1NI 8eGUriI)' lnttrvmenl iI 011 . leaehOld, 80lTllMlr .... ...., _ ..... pro'Ilelon 0'''' ..... "eorr-r 8OIlu.... ... _10 ... ~. ... .......... _ ... ltM title ""..110I..... un_ L....... _10 the ...... in ....... .,. ~......~... "..... III .............. If eo-r faiIe to perform lite _1I.nd aalMftlllltl COftIIiIlIcI in IhiI Security '"ltrulftlllt. fJI thI.. iI .1ICI.lllf8CIIdinaltlllllllY aiDftilicIntIy llIId LtndII'lllIlllll in lhI PrllCIIItY (IUCIlII I plOClllCltng in bIInkNptCJ. p,*", lOr ClOIlClemnlliOn or fDl'Ietlln or 10 tnlotw .... 01' ~ll"llOnl/. !hen Lencler mar cia _ pa, lOr __.. -...y to ,,- the y..ue of the ~ .'"'1._......_ In _ ",-",. Le_. _". _, .__...,.,.. _ _ _ lor a.......... "" prlorilJo -. - -rllr I............... _rinlI in ...... paring ......nabIe atlomeys' ,....... MtMno 011 tha ~ to IIlIIdl NClIirI AItIoough .....r 1MY"'" .... uNler lhia 1lI~ 7. l.ertdlr cIoet not ltave 10 do 10. AIIr amountl diIbuIIId bJ l.tnCIIr undII' IIlII 1lIr1g1l1)1t 7 11I.,1 btcomt IddiIionII dabI of Bol'lOWlr IICUIId by \till SlcuriIY Inlll\lllllnl. Un.... IIonOwIr IIlCl LIIlOtr ... 10 0lIlIr """' 01 paymenI. hU 1IllOIIII\III1IIIIlUr ...1 rrom lilt _!If QlllNlMflllnlll \111 ~ rI\e 111lIIheIIlIe pe,.... WIth inttf'nl. upon ..... !rom "tndtr 10 Dorrvwer roqtIftII"I "1"'1'"" I. ....... IMu_. II Lencler reql.liracl mQI1pge __ .. I condition of meking the l01I" MOUlM b, Ill. SecuriI)t IMWUmet'lt. IlorroMIr IhalI pay the ........... requIrecIlD .......... the --... iIlIura_ in eIIecl If. lot '"Y _. the lIllIIllIIlIe iMunI_ -,. ..... by l.eltdar .... fJI_1o be Irt etIIcI. 80mMIr IItIlI NY the PNmiurnIIIQllirId 10 abIIIrt ClMIIIIIlUIlItoIntiIIIy eQUiY""" 10 the IllOI1gIDI inIllranct pmjOUlI)' Irt etIIcI. II. ClOIt ....n_ tqlliw'.1tnt " the ~ lO BonawIr of the mcIllgage 1MuIa_ III'IIIiouIIv Irt etIIcI. from 1ft IlIImIIIlIlOtIDIIIt inIUIIr IIIIllI8VICl b)' LMIcIIr. IllUllltanlilly IQ\IIYIIIM ~ ilIIIIInclI CiOIWfIgIII not 1V1iIIbIt. lIomlwIr 11I1111I' 10 LtnCIIr IICIIIllllIl1II I IUIIIllIUlt to OIlIlWIlIIII of lIlI '"'" ~ InIurIrtoI prlIIIllllm ... peIcl by IIOmMWWhtllllle lIlIUllrlllI OOYerege ..,.. 01' W"ID lie Ill...... LencIer will ~, _ ..... --. INW...,........ .. . 10M _ III lieu of "*""" In_. L_.._ ,.......... may no ......... be .......,. at the ........ 01 L.ancIet. if....... ....u_ eo-.oe (in - -'" .,",1Or ... ,..riod thlt L.ancIet ___I IilrovidH by 1ft inIu_ ___ by Lartder aoainlltcorllH IVIiIIbII and II oblIinIcI. eo-r IIIalI Iilay ilia ~ lllCllIilld to mainUlin IllOItIIICIt inlUlllllll ill tlflet. or to provide . _IIIIM. UIlIiIlhIlIllUiIIment lar morIGIlIt inlUlIllCIlIIdI in 1CCOl'dlllClllll'l In, wrIIIIII IgItImInl DIIWIIll DOrIOWIr MIl LtnlItl' or ~ .... I, lnIpn1IeIl. Lellllll' or III 'PM ".,. ""'" __._ upon ..... ............... of _ "'-<t,. Le_ "".. .... e..n- noliOe .t .". .. 01 or prior to an inIpecIJon ~ ..__Ie _..lor .... in,,**",. '0. c...._..__. The ~ of lIny _rd or dlimlor dllNOM. direct fJI OOIlMQUInlill. in eonllldion WlIIIIIIY COlldImnltioll Of other takitlo of I"~ IlIIl of tha Praoerty. or lor tlOIlVtYlIlCl iIlliIu of COndlmnlllClll. III hlll/)y IIIignId and 1/1I1 be !lid 10 L1nlllf. In Ihe Mnl oIl 10111 "ICIng or lilt f'nlpertJ, file ~ 11I1. be IpplltCllO tnllumlllGllIW ~ 1NI ~ I~. whelller or nClC !hen clue. WiIl1 an, '.GIII palet 10 80"-. I" the fttIll of. perllll1lltkt"l 0'''' ftIopef1,. In wIlioll... '-ir ......... v..... of the ~ .......dia..., beloll tile 1Ilkillg iI "".110 01' I"''''' ...., tile emounl of tile __ ___ b, Ihlla SecurilJ IIIIlrumInl irrwnediMMr before !he ........ uNeu Dorrvwer.nc1 \.eIldIr 0IhtIWlM ..... ill writlIIg. the IU"" rlly iII.tl\lfMflt th.1 be recIuced br the -.nt 01 the IIIOCMdI rnulbplled b, .... 10_"1 hclicm: (.) the IolIlI lmollfll ' Iv be_ the teking. divided by (bl tha fair INNI value of the Property 1mmecI", before the laking, An, ilia _I 01 . ItIl'li11leki11g of the PtoDerty in whidl .... fait markIII y.lue 0'''' Property imrneditlllly the __ MClIracI inlnleclIItIly lor the takirlg, unIHa ~r Ind l.endlr 01hIIwiII1I'" in , ... pIOCIIda IItIIl be appIiId to ... llA'IlI IIeuIIll ~ lIIlISlCUntY IlIIIIUINm WlIIhr I9lTvwer Vll19\'WlIt II'" In "'"'"I. en, eppllcatIon of pnIClIIlII 10 pMcIpaI "'I' IlOl _ ......... to in ............. , or_.... lIle IIIlOllIlI or IlICh ",,,,,,"II. ", -...-r Not 1taa.netI. .-tiution of tha IUIIllI aeand b, IhiI ""..lilt ..., 01,", lIfl8IIlII DoITOWlf' .....1 Illr _ In In....... or ..ruw 1__,_ola..,damlncI_ ........"" OIl' nohl or ..medy th.a "DI be . t1 lueetllOllllld Allla.1ou GlWIIlIII\III1G agmmenlt Or lIIlI ~ Inltnlnlfllllllll bllld ItIlI benelilllll . 10 till J>IOvIllortt of PlllIlIrapll , 1, DoIfOWll'IOOYe"," . Any eon- wIlo -.... _ s.c....., In.lt\ImInl ~ __ noI.._ tho N_, (a) ie 10........ ...'" a,",_that aor.-... ~ on - P_", uncle. the .._ of !hI. ___rity In_ .) . . .lad to pay the 1U"'.1oIOIIfWd by lhia ~ 1"*'-"1; .'"' (clllO....th.t L......'.nd 1ft, other ~ "'., ..... . , 1oIbI1' fJllllN Ifty ICl!MlIlICldIti WlIIlIlCllIllIo llll IInnI of lIlis Security 'MINmen! or IItI Holt wiIIlouIthll80I'lOWlr'1 COllIenl. t 3. lolli CIllrDtI. If IhllalllllCUlId by thiS SlcuriIY IIlIInImInt illlUbjec;lto I IIw wIliGll .... muimllm IOlIIl chlfVll. 1I1lIlhal IIW it finllly InIIrplllIIllO \I1II11tt lIlItrn10r O\I1Ir IHn GhIrVII OOMlGlllll or to lie CI041Rlact in _nec;tiOn _ the loa.. ._ .... ......._ 11miIt, ",,": \1' ""I tlIstI """ ell.... .............- -,.... _u'" -..')' '" ...uoa'" -...",... ......-cI1irttit; _ (b) _, .u_ 111l1eI, GOllIGlICllrom 1lomlWel' WhIOll ~ penn_11m'" will lie ..fullllod to 1lorroMI.. L.........' chooM 10 ....... lhiI ..fund by raducing \lie prinOipll ~ -, \lie "'* o. b1 .......... . ~ pa.....nt '" ec.r-r. If. reIuncI rWucH ~. ... roducliotl wiI be ...- .. . pettiII ~ wllIIcMd 1ft)' PNIIIJ_nt aha",. undIr the No4a. 1.. NaIIctI. Nty noIillIlD EIornlwIt provtdId far In IhII SlcuriIY 1IIIlrumInI..... be 8'V'" b, dIMItng it or b7 mailing II by 11/11 cIIII mal un.... IPPlIOIIlIe laW reqUlllCl UN 01 tnOIItIr 1l'lIlhOCI. The notiGe .".. lie cIIraclIM to ... PnlI*'Y ....... or _y gthot. __ OorroMIr-.nalll or no_to ~.. ".,., _to L._ _ be.-" to aon- or LandIr _....- _ prawided in lhiI_....... .e. -....... Law: ---..--.. Thill 8oc:urit, In*""-t ....11 be _mod It, ...... _Iftd the law of the iuriadiclloll ill which \lie ~ lllocatecI. In the _nt lhaIuy IN'OWtiorl or elau.. of lIIit Security 'Illlrument or IIIe Nett eonllidl WIIIl _iclblllIw. IlIdI eonliet tIlaII M11l1ec:1 oltlIr Ilrovilioltl ollllll SIelIriIY lnafnrnent 01' lhI NotI WhiCh CII1 be glYtn .lIec;I wlIhout lht c;onlliQing PlVYlIiOn. TO IhlIIllClIItt PlOYiIIIlrtl of 11111 /JeGuI'Ily Inlll\lllllnt tnG till Note I,. cIIGlIracIlO lie .......... 1.. .0.. ___r". c..,.. Borrower ."'an tie liNen One confal'lned GOpy of the N::a.. aftd ofthta Sc:~rity In...............t 17'. T.._..r......'~ _. landcle' Wo-t '" -.-.. If 1M III InUM of IIlIIlreeIItv et IllY irltIIIIt ill it IIIOld llt tr....Ie"*' (or iI.llInHeiaf _11II iIllIMewIr illllld DlllllllfIrrId IPIIl80mlwtr II noli naturll PIIIOII) lIiIhoUt lI/lcle(lllIlOr wrtlIItI lXIIIlIfIl. l.IIIIlIr mar. lib opaon, rIQUIIt IrrVIIIGtIlt Pl1fIlII1l In IVlI or III """' WWIW "711111 ~ I"""'........ ~. lh.. ..,...... 1/1I1 nOlIll PeIGiIft II, l.tncIIf IIII1110M II prvItllJllell or ....,_ .. 01"" _ 01_ -, ............. II ~. a.._..... opt-. Lancia. -.... ..-..._ of ._.._. Tha __ _ ~ a...- of __!haft 30"'", from .... d_ .... ttolicot II doli..rod Of ....tIod wiItlill lIIhidl ~r "'UlIIlI' .M IUIllIIIeUI'Id by this Seeurit\f 11lIIrunlIne. If IorrawIr fails III ~r ..... IUI'IlII'riDI to ItIIllCIlirltiOn Dr lllil pertod. LI_ may ilVDllIlny lIIlIIClilllllfJllllllCllly IIliI -1II71n11M1tn1 WiIhouC fllrIhIr notiCl or dImInd on BorrDwIr. 11. Itrftlftr't """''' "tine". It llonvwor _ Wrtoln __.. _ _ _ lito ...... to _ ...__ of "'.. s.c..rtty ,..._ _.... lit..., _ prior to .... ...... 01: (.111 ...,. (or _ _ ...-.. ~ _ _, tII*lifF lor ,.;.....-..., ........ ..,. of the ........", ............tlo ..., _ 01.... eonlainod ill tltie Security lfl*'-"t or (bllnl')' oil juclgment ."Iord"ll lhla ~.I...lrumeftl n-. oo"'itioN I,. thll IIoIrowtr: (1/1lIV1l.end1r .11IIIlI wllief111l111 WlllIId be duI UIlder IhiI Security InIlru1n11lt IIld 111I HollIn if no .cc:eIIrIIion hid occurred; (b) curti Ind d.fIuII of .ny other COVIIIIIlII or ...,....11I; (Gt PIP" upeIIIn illGUrred In enlOrClllf 11I11 aeGUrtly 1"IINment, InGlucli"l, lIutllOlllmltlG to. .._'* anomerl ....; ..... (Il) ...... _ IaiOIl .. LencM< ...., "_IlIl, requl.. to .....,.. lhlll .... lion of thIa Security Inl_, Lenclor'. righla 1ft lito '"'-rtr _ -..-... ollliplion to ..., ... _ -- b, th.. Socuritr In.-nt .hal COfltinllllltlChl/lllld. Upon ..iftlllll_1 b, ~. IhII SIeurity InIlrumeItIIftd till obIir:Illionl aeeulld ItII10v ahIIf NIlIIin fully tl'lleliul.. il no ICClllrlliDn IIId ClCCUrTId. However. 1IIi1 righllO IIl1l111. 1/1III not IIlClIY in till cae 01 la:ellrIIion uncltr PII1IIfIPlt 11. ,.. .... of -; -.... "'....n ..",Ie.... n.. _... a pa....' _....". _ 1""- _ _ -,. '_1...., Ita - - or - ...... wilhout prior notico to........... A..... _, .....11 ill . charloa irlthe entity (~ .. h "lOIn Selvicel"l ~I . ---.. -.. ........- - -.....,.... ""'_of.. ....1-0 liIIIe lor ,..ytMflt or rnocIilleeliofl of in imIrIIt olllorrowlt IIIIIIlDI 0IIdI1D be......... . _ pra"'&'L.~ . 01 the __ __ lit, IhitI Security --.... Ally ~ by LIIldet ill tti OR: 2746 pe:gef9tilt~r~~ h ~g U111111t1d 10 . all oIl/l1 Note. II \Ilert III Ch.nge ollht Loan 5trvAr, DomlWtr WIll De .- 'jiI'I\WIl noliw of !he cIlenp 1ft .-.ca_ - pallgflPll14.l1llapp"'IW. Thlll9IiGI willi.. Ih,,,,,,,, ~ ecld_ 01 1IIe.... LOIln ~.nd 1M _....10 - ~rn-ta ",,,,Ill" mede. .".. ~ wi' _ _n .nr _. in_tion ....uirwd by ...- 1_. 10. ..._ ..__ -...-' ahIoH nol ....... or ...nnlt the 1I_1lCle. ..... c1i1lloul. ... Of reInu of Ifty Huerdout s......._ on III in 1M Property, ~ wi not cIo, nor allow anyone 'III 10 do. InylhinO IfIllctinCIlIlt PrapeItY \tilt illn VlOIaIIOn 01 "" En~ Law. TIlt ~ two ItlllencIIahall not IIlIlIv to \Ill P*",CI. 11II. Of IIOlIgt on \Ill Pr-'Y olllllll QUlftll\lll 01 HIu.... SuIlIIIftcII tIlIt III DlIlItll1y IICOlInlZlCllO III appIOPliIIt to nonnll "lICIlntlll u... tnO to mtll\ltlllftCll o' "" Prllperty, IloIroWIr 1/1I1 pIOIIlp\ly give I.II1llIr wriIIIn noIiClIlor Iny inVllllgl\iOll. GIllin. OImtncl. __II Of o\lllIf ecbOn IlJ anJ .............tat or "V"111OIY epllGJ or pn.... pII"Y invlllVi"l IIIe Properly and .ft)' -.-... sw.teft08 0' Environ"*,,-I u... of........ IIcI..- hea _II k_P, 11_ ........ O' i. _lAM by .ny '."'"IMfttaI.' NOlIletory .uthority. that any _VII or otIltt NllItdiltion of any Hazara- Cubai8IIClt dedino tht Property illIICIlary. Borrower iliaD Ilro1ll1lllY taka .11 ntCIUlIy fIIIIIdIIIlCt10nI in .CCOIGInOt WillI EnvirO/lmentll Ln. N u_ in th.. ,....,."" 20. .H....rdo... au--' ... th_ .u___ dellned ..10_ 01' II........... ...beltIncH by Environ-..III Law .nd .... following ........-: ,........ karoMM. other lelMllble Of toxic pellellurn produda, lllIIil: IlIIlieldIIlIllllllllllcidft. VOIIfill eoIventl. 1lII1II'II. colltlillillll.1llI1IM or fIllllllldlhVdl. .ncI rIlllOlCliYlllllllrllll. AI ulIll ill "'II PlIIll"pll 20, "&nvlrOllll1lnllll.lW" mil"' "," '- ~ '- of \lie l~ - - .....,..,., .. IOGItICI \flit ,....10 llel1\ll. "'-'1 or onvlnl_1 ~, n. __. __. L.andar ..... .... _10 llomrwar prior 10 ..........Iion following a--r'. bNeeI\ .f .Ily _0Ilt << --"' In _ s.-I\y In~ (bul not prior to .-'erotioll UNIa~ DIfIOfIIlh 17 UIIltIIlIllllieIblt law &WGIIiIIII oIMIWiII). TllI ftOliet WI eoeeft: (I) tilt dIfIuII: (II) IIlIleIiOIIlIQUIIIllID an hlllflull; Ie) I allt. IIOlIIIIIlllll a lII)'1ll'l11ll tnt .. III ~ III'V1" 10 1ICImlWIr.1IJ WIlICiII "" Mull muat III GUItlIi IIIlI (11)11111..... . W19 1M -- on or lIafooe 1M - apaciMd In - - ....,. - In ...1ItI8n" IlIIVmt -'" llJ ... ..--, 1...-. -.. b, judIoi8l ...--. and.... of... "'-'tv. TIlt IlOlioo ..... _, in...... _............to _ _ __.nd... ",Ill to _In............. ~ tho ---- .,. .,.uI\ or any other ...... of e--r 10 _'-lion ..... '-oIotu,.. IlIhe lItItul it 1161 euMll8llllf IlOIIIlIIIlllII_1IIll W1hllllllCl. u.nde,. 81 ill ...... may ,""iN ........... po,-M ift fuI oIal IUlIlI ooeured by lhiI SIeurity InalruIIlIIlI wiIhoUt IuIIIlIr dIIIlInd and may IorecloM lhia Soeurily IMl_Ilt by ;udiciIIlllllCllCllng. lIndIr all.. bllntilIIcIlo COIIICl d uptl\III illClll'lld In purtUIng 1M IIlIIICIIn proviCled III thil plflillPll it. 1lIGIuIIin8. IlulllOlllmllM 10. ru___ OllOmIJ'w .... and -" fill !he .. ...-. a. ......N. UpoIl p.~me", of .n _ MGUrwd 1:1, \hit 8acuriIJ In.\rumen\. L....... ahelI ,... - Seourily InstruonenI. lOIilhoul en... 10 1orTVMf. JonoMr"''' pIIJ .IlY ....-d.1ion 00". II. A~''''. AI u.... 1ft llIia Securitr Inalrumel'lllllCllho Nelle. ".ll_P' ..... ahIII irlduclI I~ IlIomeyI' .... IWIIdtd by In IIlPIIIIlI ClDIIn. .... Il_...... _~ __ If.... 01' _ _.. ... ._.... by _ _.-rdM ............. Ihia ~ '"....._nl. _ _...._.. .nd ............ of each aueh "'r thai be i~ into INlIlllIIlMlld INllUllllllmllllh COYlftll1llIf1C1 IOfMlNnII 01 IhiI Slcurily lnatrullllnt II If "" riClIf(l) ." 'IIII! ~ 11II\NIIlIl1\. Ie,. AppIIGalI DIIIl) y~RCO o MJuf\lllll R.. fIiCltf ~ Grac:tulllO PI)'ment !tiller Balloon RICItr Othertl' (1PICify SIGNING BELOW. Borrower ICCIplallld ,.. II)' Bonowet Incll1CO/dld Willllt (") rity InatrurnII'lllncl in Iny ncIIrlll exaculeCl Si;ned. ...Iad ond deliv8rwd in 1M p....- ,. V, SiOnllu AcId.... , 1121 M. wi1eoa al94. ...1... P102id& ~.120 IlTATE OF FLORIDA COUNTY OF (;: r. >~J... \ t:/.. I .....by...rtify th.1 lift thi. doy. befo.. ma. .n ollico, duly .uIhorizocl in tho ,bile.forHaid Ind in lilt eouniy .forIuid 10 like Il'.tulllWlldatllll"". IlII10IlJIIy '1lllI.1Ill Hldllllllllnao ttlmllIlIR IIllI QlIlIllInI QrIt", mt I\n9WII \9 1:19 \lie pe.....\.I-"'" .. - Who Ixecuted lIMIlo"llOing inllrumtnt IncI 'CiknOWlIdVtcllIelore 1M ~I (Hal IIhaJ ItMtJlexeGUtaCl ... - lor \lie purpo.. lh_n ..-- . .~ WITNESS my n.ncIl11Cl olficill "II in lilt Co~nI1IM 5l1ll.rvrenid tItiI.-.:.I- G'y 011 ,'", \ I ~ 2000. My c-iMioft Expirn: . '> ( t ':l ~ l C (, \u. t l t... 1 NotIfY PubliC'I SignIlU" ....., . ." " ;'\. \ \ l II '_' ..' N0t8ry's PrinWcl Nan. WICfOIM.........,.. 1ki~,cell7ll EXPIIES: ,,'l ZIlOI ..... ....~............... Filc#: 01-118 013 010 of 7 Agenda Item No. 16013 April 27, 2010 Page 6 of 7 Prepared by: Frank Ramsey Collier County 3301 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 3301 E TAMIAMI TRAIL, NAPLES, FLORIDA 34112, the owner(s) and holder(s) of a certain Mortgage executed by IDLDEBRANDO HERNANDEZ AND GERALDINA GRAS to COLLIER COUNTY, recorded November 22, 2000 in Official Records Book 2746, Pages 1960, et seq., 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 property situated in said State and County described as follows, to wit: 1121 N. Wilson Blvd, Naples, Florida 34120, more particularly described as the South 180 feet of Tract 132, Golden Gate Estates, Unit 19, according to the plat thereof recorded in Plat Book 7, page 78, of the Public Records of Collier County, Florida. 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 27th day of April, 2010. ArrEST: DWIGHT E. BROCK, Clerk BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA By: , Deputy Clerk By: 4/27/2010 FRED W. COYLE, CHAIRMAN Approved as to form and legal ciency: Agenda Item No. 16013 April 27. 2010 Page 7 of 7 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Meeting Date: 16D13 Recommendation to approve and authorize the Chairman to sign the satisfaction of mortgage for an owner occupied affordable housing dwelling unit that has satisfied the terms of assistance provided. 4/27/20109:00:00 AM Item Number: Item Summary: Prepared By Frank Ramsey Manager - Housing Development Date Public Services Division Human Services 4/1/20109:45:16 AM Approved By Marcy Krumbine Director - Housing & Human Services Date Public Services Division Human Services 4/7/20104:05 PM Approved By Jeff Wright Assistant County Attorney Date County Attorney County Attorney 4/15/20102:55 PM Approved By Kathy Carpenter Executive Secretary Date Public Services Public Services Admin. 4/16/20102:34 PM Approved By Marla Ramsey Administrator - Public Services Date Public Services Division Public Services Division 4/16/20103:00 PM Approved By OMB Coordinator Date County Manager's Office Office of Management & Budget 4/16/20104:06 PM Approved By Sherry Pryor Office of Management & Budget Management! Budget Analyst, Senior Date Office of Management & Budget 4/19/201010:36 AM Approved By Leo E. Ochs, Jr. County Manager Date County Managers Office County Managers Office 4/20/201011:14 AM