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CM-12-08-146Item Caption: DV1- 12-C8-14 RECEIVED AUG 0 9 2011 City Manager Approval Form Home Ownership Assistance Program (HOAP) Lien Release for Revoli Campbell Approval Date: Friday, August 10, 2012 Department Name: Finance Department Project Manager: Elizabeth Alvarado Assigned Attorney: Jason Rammel Item Summary: In an effort to increase home ownership opportunities for the people of Round Rock, the Community Development Block Grant Program provided down payment assistance to eligible low to moderate income first time home buyers with grant funds up to $5,000 for closing cost from 1998 to 2005. This program required that a five year lien be placed on the property and could be released after it expired and if the homeowner requested. Consider executing a Release of Lien under the Home Ownership Assistance Program for Revoli Campbell. Ms. Campbell recieved a $5,000 grant under the Home Ownership Assistance Program in 2004 to purchase a home on 1705 Greenlawn Blvd. (Lot Nine (9), Block "F", Greenlawn Place). Ms. Campbell paid the $75.00 fee and is now requesting that Lien #2004004250 be released. No. of Originals Submitted: 1 Project Name: Home Ownership Assistance Program Lien Release Cost: $75.00 paid by homeowner Source of Funds: Select Source Fund Source of Funds (if applicable): Select Source Fund Account Number: Finance Director Approval: Cheryl Delaney Date: 8/7/12 Department Director Approval: Cheryl Delaney Date: 8/7/12 **Electronic signature by the Director is acceptable. Please only submit ONE approval form per item. ** CIP I I I I Budget N/A OK EJ N/A OK Purchasing N/A OK Accounting ❑ El N/A OK ITEMS WILL NOT BE PLACED ON THE COUNCIL OR CM AGENDA W/OUT PRIOR FINANCE AND/OR LEGAL APPROVAL REV. 6/20/11 Date: Note: 11111111111111111111 1111111111 111►►►►IIIIII►►1►►1111111 REL 2 PGS RELEASE OF LIEN (Down Payment Assistance Program) Date: January 2, 2004 Original Amount: $5,000.00 Maker: Revoli Campbell 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: Community Development Assistant City of Round Rock, Texas 221 East Main Round Rock, Texas 78664 Williamson County, Texas 2012065068 Note and Lien are Described in the Following Documents, Recorded in: Deed of Trust (Downpayment Assistance Program) executed by Revoli Campbell to Charles D. Crossfield, Trustee, dated January 2, 2004, recorded as Document No. 2004004250 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: Lot Nine (9), Block "F", GREENLAWN PLACE, a subdivision in Williamson County, Texas, according to the map or plat thereof recorded in Cabinet G, Slide 75, 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. 00255775.doc/ a -Dg -l44(2 When the context requires, singular nouns and pronouns include the plural. CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality By: S eve Norwoo , ity Manager ACKNOWLEDGMENT STATE OF -1XCAS COUNTY OF W t W NMSON This instrument was acknowledged before me on this the day of VSt , 2012, by : : ' - - : , City , CITY OF ROUND ROCK, TEXA , a Texas home rule unicipality, on behalf of said municipality. Lauri e. %%II 11111 .��t.. Y 1)&.49..''.1'1- G. .• 0 B < ' .••'F1./, r: RECORDERS MEMORANDUM : 9rF OF 1 Z� clearly All or legible for satisfactory recoart of the text on this page rdation as not,'�'�i//O9%09- 0, A```\' PREPARED IN THE OFFICE OF: AFTER RECORDING RETURN TO: AltAagr Notary Public T xAS Printed Name. m S'I MKS My Commission Expires: L% q -14 - Sheets & Crossfield, P.C. Attorneys at Law 309 E. Main St. Round Rock, Texas 78664 Attn: Community Development Assistant Planning & Community Development City of Round Rock 301 W. Bagdad, Suite 140 Round Rock, Texas 78664 2