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CM-13-01-024ROUND ROCK, TEXAS PURPOSE. 3 SSION. PROSPEK:t' Item Caption: DA-13--b(-°2-(4ECEIVED JAN247013 City Manager Approval Form Home Ownership Assistance Program (HOAP) Lien Release for William A. & Danielle R. Wolf Approval Date: Friday, January 25, 2013 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 William A. & Danielle R. Wolf. Mr. and Mrs. Wolf received a $5,000 grant under the Home Ownership Assistance Program in 2005 to purchase a home on 3206 Elizabeth Ann Lane (Lot Six (6), Block "C", Bradford Park, Section One). Mr. Wolf paid the $75.00 fee and is now requesting that Lien #2005093476 be released. No. of Originals Submitted: 1 Project Name: Horne 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 Department Director Approval: Cheryl Delaney Date: 1/23/13 Date: 1/23/13 "Electronic signature by the Director is acceptable. Please only submit ONE approval form p'r item CIP r--1 Budget N/A OK N/A OK Purchasing N/A OK Accounting N/A z OK ITEMS WILL NOT BE PLACED ON THE COUNCIL QR CM AGENDA W/OUT PRIOR FINANCE AND/OR LEGAL APPROVAL REV. 6/20/11 RELEASE OF LIEN (Down Payment Assistance Program) Date:;/1110r91.-5, 2013 Note: Date: November 18, 2005 Original Amount: $5,000.00 Maker: William A. Wolf and wife, Danielle R. Wolf 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 Note and Lien are Described in the Following Documents, Recorded in: Deed of Trust (Downpayment Assistance Program) executed by William A. Wolf and wife, Danielle R. Wolf, to Charles D. Crossfield, Trustee, dated November 18, 2005, recorded as Document No. 2005093476 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 Six (6), Block "C", BRADFORD PARK, SECTION ONE, an Addition in Williamson County, Texas, according to the map or plat thereof recorded in Cabinet N, Slide 393-394, 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. 266365.doc/ al% S -fI -tag 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 r"lacc,c- § COUNTY OF V\ 1L:L.2n § This instrument was acknowledged before me on this the day ofcit1t , 2013, by STEVE NORWOOD, City Manager, CITY OF ROUND ROCK, TEXAS, a'Texas home rule municipality, on behalf of said municipality. SARA LEIGH WHITE MY COMMISSION EXPIRES July 11, 2016 PREPARED IN THE OFFICE OF: AFTER RECORDING RETURN TO: Notary Public, State of --te r3rs- Printed Name: It l Vi 1< My Commission Expires: t Iy 1112-401,6 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 RECORDED DOCUMENT FOLLOW Date: 941Aay25, 2013 Note: II 11111111 1110001 RELEASE OF LIEN (Down Payment Assistance Program) III 1111 REL 2 PGS Date: November 18, 2005 Original Amount: $5,000.00 Maker: William A. Wolf and wife, Danielle R. Wolf 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 2013008126 Note and Lien are Described in the Following Documents, Recorded in: Deed of Trust (Downpayment Assistance Program) executed by William A. Wolf and wife, Danielle R. Wolf, to Charles D. Crossfield, Trustee, dated November 18, 2005, recorded as Document No. 2005093476 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 Six (6), Block "C", BRADFORD PARK, SECTION ONE, an Addition in Williamson County, Texas, according to the map or plat thereof recorded in Cabinet N, Slide 393-394, 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. 266365.doc/ CM- i3-of-�2H 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 Ta C COUNTY OF VV IV;ta-Nr) This instrument was acknowledged before me on this the 2--'- day of,111, 2013, by STEVE NORWOOD, City Manager, CITY OF ROUND ROCK, TEXAS, `Texas home rule municipality, on behalf of said municipality. PREPARED IN THE OFFICE OF: AFTER RECORDING RETURN TO: Notary Public, State of liars— Printed Name: CO 14‘.t4i1 My Commission Expires: {AI 1i12416 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 .FILED AND RECORDED. OFFICIAL PUBLIC RECORDS 2013008126 01/28/2013 04:06 PM MARIA $20.00 NANCY E. RISTER, COUNTY CLERK WILLIAMSON COUNTY, TEXAS CITY OF ROUND ROCK 221 EAST MAIN STREET ROUND ROCK, TX 78664