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CM-12-11-242ROUND ROCK, TEXAS PURPOSE P.•LSSION. PROSPERITY DI4- 1 Z-(1-2`1?RECEIVED NOV 0 72011 City Manager Approval Form Item Caption: Home Repair Program Lien Release for Mary Krenz Approval Date: Friday, November 9, 2012 Department Name: Finance Department Project Manager: Elizabeth Alvarado Assigned Attorney: Jason Rammel Item Summary: Consider executing release of lien files under the CDBG Home Repair Program for Mary Krenz. home repairs in 2008 on her home at 1707 Stagecoach Trail. This program required that a five property and could be released after it expired and if the homeowner requested. Because Ms be released before the five year anniversary she will be subject to a $15,645 payoff fee at closi Consider executing a Release of Lien under the CDBG Home Repair Program for Mary Krenz. and is now requesting that Lien #2008092823 be released. No. of Originals Submitted: 1 Project Name: Cost: Source of Funds: Home Repair Program Lien Release $75.00 paid by homeowner Select Source Fund Ms. Krenz received $15,645 in year lien be placed on the . Krenz has requested that the lien ng. Ms. Krenz has paid the $75.00 fee Source of Funds (if applicable): Select Source Fund Account Number: Finance Director Approval: L. Olsen for C. Delaney Department Director Approval: CIP N/A Date: 11-6-12 Date: ^"Electronic signature by the Director is acceptable. Please only sl.ahmit ONE approval form per item.'" OK Budget 1 N/A n OK Purchasing N/A 1 OK Accounting nu 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 Note: iii RELEASE OF LIEN 01011 11 101011 111111 11111111111111111111 :E:Gs Date: December 1, 2008 Original Amount: $21,431.25 Maker: Mary Beth Krenz, a single person 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: Home Repair and Rehabilitation 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 (Home Repair and Rehabilitation Program) executed by MARY BETH KRENZ recorded as Document No. 2008092823 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 $21,431.25, 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 27, Block B, THE HERMITAGE, a subdivision in Williamson County, Texas, according to the map or plat of record in Cabinet D, Slide 118-119, Plat Records of 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. 261179.doc/jmr 2012094430 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. When the context requires, singular nouns and pronouns include the plural. CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality By: Steve Norwood, City Manager ACKNOWLEDGMENT STATE OF TEXAS COUNTY OF WILLIAMSON This instrument was acknowledged before me on this the O+� day of 140UQ. e.fj , 2012, by Steve Norwood, City Manager, CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality, on behalf of said municipality. \\‘ \`‘11 M:. ' . /4/4_ , _1, o ' = Notary Pub , Sta - .f MO6 Printed Name: AlEAe AN. Sp( AI k1S z s • • i,,,/09-09!2.0 ��`�� PREPARED IN�i t OFFICE OF: AFTER RECORDING RETURN TO: My Commission Expires: g-9-/•� Sheets & Crossfield, P.C. Attorneys at Law 309 E. Main St. Round Rock, Texas 78664 City of Round Rock 221 East Main Street Round Rock, Texas 78664 Attn: Home Repair and Rehabilitation Program Manager FILED AND RECORDED OFFICIAL PUBLIC RECORDS 2012094430 11/13/2012 04:10 PM MARIA $20.00 NANCY E. RISTER, COUNTY CLERK WILLIAMSON COUNTY, TEXAS