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CM-09-03-032RELEASE OF LIEN Date: ‘---k i � , (� 2009 Note: Date: October 31, 2003 Original Amount: $5,000.00 Maker: MICHAEL L. BROWN and wife, MARY ANN ELIZABETH BROWN Payee: CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality Date of Maturity: as therein provided Holder of Note and Lien: CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality Holder's Mailing Address (including county): Attn: Downpayment Assistance Program Manager City of Round Rock, Texas 221 East Main Round Rock, Texas 78664 Williamson County, Texas Note and Lien are Described in the Following Documents, Recorded in: Deed of Trust (Downpayment Assistance Program) executed by MICHAEL L. BROWN and wife, MARY ANN ELIZABETH BROWN to Charles D. Crossfield, Trustee, dated October 31, 2003, recorded as Document No. 2004017186, Official Public Records, Williamson County, Texas, securing CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality, in the payment of one certain note for the principal sum of $5,000.00, due and payable and bearing interest as therein provided; and all the terms, conditions and stipulations contained therein, including, but not limited to, any additional indebtedness, if any, secured by said instrument. Property (including any improvements) Subject to Lien: Lots Six (6) and Seven (7), Block "A", SOMERSET II, an Addition in Williamson County, Texas, according to the map or plat thereof recorded in Cabinet H, Slides 160-162, Plat Records, Williamson County, Texas. Holder of the note and lien acknowledges its payment and releases the property from the lien and from all liens held by Holder of the note and lien without regard to how they were created or evidenced. Holder of the note and lien expressly releases all present and future rights to establish or enforce the lien as security for the payment of any future or other advances. 153277/CC/mp CNN- Oct -O3.05Z. When the context requires, singular nouns and pronouns include the plural. CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality By: ACKNOWLEDGMENT STATE OF1^XAS COUNTY OF qJ I WAAN1S)TI This instrument was acknowledged before me on this the , : clay of ' 1I', 2009, by JAMES R. NUSE, City Manager, CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality, on behalf of said municipality. SARA L. WHTE MY COMMISSION EXPIRES July 11,2012 PREPARED IN THE OFFICE OF: AFTER RECORDING RETURN TO: Ege/vit,U.Kke•NEC Notary Public, State of "UAC Printed Name: 0 -RA L. W (-('j'(? My Commission Expires: ' Sheets & Crossfield, P.C. Attorneys at Law 309 E. Main St. Round Rock, Texas 78664 Attn: Downpayment Assistance Program Manager Planning & Community Development City of Round Rock 301 W. Bagdad, Suite 140 Round Rock, Texas 78664 2 DATE: March 9, 2009 SUBJECT: City Manager Approval — March 13, 2009 ITEM: Consider executing release of lien filed under Homeownership Assistance (HOAP) for Michael L. Brown and Mary Ann Elizabeth Brown. Homeowner(s) has met program requirements by retaining for five years. Department: Staff Person: Planning Department Mona Ryan, CD Coordinator Justification: The applicants have satisfied the five year residency requirement. Funding: Cost: Source of funds: Outside Resources: None Homeowner(s) None Background Information: Homeowners applied for $5,000.00 down payment assistance in 2003 to purchase a home at 1808 Sylvia Lane. It is the homeowner's responsibility to file the release of lien with Williamson County. Public Comment: N/A UPDATED APRIL 2008