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CM-2016-1038 - 3/8/2016RELEASE OF LIEN Note: Date: July 28, 2004 Original Amount: $4,877.74 Maker: Timothy L. Pawelek and wife, Jeanine E. Pawelek Payee: City of Round Rock, Texas, a Texas home rule municipality Date of Maturity: as therein provided � "S 2016022088 Holder of Note and Lien: City of Round Rock, Texas, a Texas home rule municipality Holder's Mailing Address (including county): City of Round Rock, Texas Attn: Downpayment Assistance Program Manager 221 East Main St. Round Rock, Williamson County, Texas 78664 Note and Lien are described in the Following Documents, Recorded in: Deed of Trust (Homeownership Assistance Program), executed by Timothy L. Pawelek and wife, Jeanine E. Pawelek, to Charles D. Crossfield, dated July 28, 2004, recorded under Document No. 2004060192, Official Public Records, Williamson County, Texas, securing one promissory note of even date for the principal sum of $4,877.74, payable to the order of the City of Round Rock, Texas, a Texas home rule municipality, and subject to all terms, conditions, and stipulations therein; including any additional indebtedness secured thereby. Property (including any improvements) Subject to Lien: Lot Nineteen (19), Block `B", DOVE CREEK STATION 1, a subdivision in Williamson County, Texas, according to the map or plat thereof recorded in Cabinet B, Slide(s) 238-239, Plat Records, Williamson County, Texas. Holder of the note and lien fully releases and discharges the above described Note and Lien, and fully releases the Property described above from the lien. 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. OM--2C)164�r 351808bk When the context requires, singular nouns and pronouns include the plural. CITY OF ROUND ROCK, TEXAS, a Texas home rule municipality By: &'' to G�Lll Printed Name: Laurie Hadley Title: City Manager ACKNOWLEDGMENT STATE OF TEXAS COUNTY OF WILLIAMSON This instrument was acknowledged before me on this the 4�day of 1� , 2016, by Laurie Hadley, the City Manager of the City of Round Rock, Texas, in the capacity and for the purposes and consideration recited therein. PREPARED IN THE OFFICE OF: Sheets & Crossfield, P.C. Attorneys at Law 309 E. Main St. Round Rock, Texas 78664 AFTER RECORDING RETURN TO: Sheets & Crossfield, P.C. Attorneys at Law 309 E. Main St. Round Rock, Texas 78664 0a 911*" V ' ;. SARA LEIGH WHITE Notary Public, State of ` y MY COMMISSION EXPIRES July 11, 2016 _ Printed Name: Jy A My Commission Expires: PREPARED IN THE OFFICE OF: Sheets & Crossfield, P.C. Attorneys at Law 309 E. Main St. Round Rock, Texas 78664 AFTER RECORDING RETURN TO: Sheets & Crossfield, P.C. Attorneys at Law 309 E. Main St. Round Rock, Texas 78664 0a H(00� ( -Z- : HERITAGE TITLE BLDG. V, STE.I00 TXAS 78746 1,4 :x Trustee: fIiIIIIIIIIIiIIIII�IIIRIIIIIIiI�II�Ull�lll�ll181111f ;SST2004060191 DEED OF TRUST (Downpayment Assistance Program) 2004 : }TWOTHY-I,. PAWELEK and wife, JEANINE E. PAWELEK Trustee's Mailing Adgres�(inc Charles D. C" 309 East Main Round Rock, Texa Williamson County, . Beneficiary: City of Round ling county): and wife, JEANINE E. PAWELEK counfy)�S municipality Beneficiary's Mailing Address (includfn -&un )' • Attn: Downpayment Assistance rogram Maraz City of Round Rock, Texas 221 East Main Round Rock, Texas 78664 Williamson County, Texas NOTICE OF CONFIDENTIALITY RIGHTS PERSON, YOU MAY REMOVE OIC FOLLOWING INFORMATION FROIt IT IS FILED FOR RECORD IN TH -1 SOCIAL SECURITY NUMBER OR Y( NUMBER. Note(s) Date: VU 4 2$1)-1)0q ARE A NATURAL ANY OF THE STR-UMENT BEFORE C - CORDS: YOUR DIHVkR'S LICENSE Amount: $4,887.74 Maker: TIMOTHY L. PAWELEK, and wife JEANINE E. PAP Payee: CITY OF ROUND ROCK, TEXAS, a Texas home rule Final Maturity Date: As provided in the Note. Terms of Payment (optional): As provided in the Note. CADocuments and SettingAnilopezlMy Documents\Deed of Trust for Pawelek.DOC Other any improvements): The certain real property more particularly described on Exhibit "A" attached to this deed of trust and b this reference incorporated in it, all fixtures and improvements situated thereon and all righ{s, t1 es and interests appurtenant thereto. 14g GYftig re vrding information): Tie ens. see anoier note in the original principal amount of $106,331.00, of even date, execd brantoTaable to the order of WELLS FARGO BANK, N.A., its successors and dF assigns (he{ein iFuncel Institution"), including without Iimitation the liens evidenced by that crtai> ec o#'trsb.afid security agreement, of even date, executed by Grantor in favor of Finaal'Instlt;ion arld recorded in the real property records of Williamson County, Texas. Xception'sto.G}onveelyance alitd Warranty: 1. Note datid eve dq e herbewifiki, between Grantor and Beneficiary (the "note"). All obligations, an c'�venants= in Ltharnote shall terminate on the date Beneficiary, in its sole discretion, i�ssxes grelease of alI present and future rights to establish or enforce the deed of trust lien that sires n e. Tie release shall be in such form as to enable it to be recorded in the r pro ;r rds f Williamson County, Texas; and 2. Easements, rig hts-o wad%, awl pre rip ' e n lits, whether of record or not; all presently recorded instruments affecctt_the operty; axes for 2004, the payment of which Grantor assumes; and subsequentasess nts that and prior years due to change in land usage, ownership, or both, the payriient of 'ch Grantor a5pWnes. For value received and to secure payment of the note, Grantor warrants and agrees to defend the title to thepi covenants in the note and pays the note actor to effect, and Beneficiary shall release it at Grantor's 4pei Grantor's Obligations Grantor agrees to: f 1. keep the property in good repair and condition; �y 2. pay all taxes and assessments on the property when due; 3. preserve the lien's priority as it is established in this de of st; 4. maintain, in a form acceptable to Beneficiary, an insur ce y a. covers all improvements for their full insurable valu s ed en the policy is issued and renewed, unless Beneficiary approves a smaller o ; b. contains an 80% coinsurance clause; c. provides fire and extended coverage, including windstorm verage; d. protects Beneficiary with a standard mortgage clause; �� e. provides flood insurance at any time the property is in a flood alcdarea, f. contains such other coverage as Beneficiary may reasonably req e; 5. comply at all times with the requirements of the 80% coinsurance claus ; 6. deliver the insurance policy to Beneficiary and deliver renewals to Ben ci east n days before expiration; 7. keep any buildings occupied as required by the insurance policy; 8. if this is not a first lien, pay all prior lien notes that Grantor is personally ab t pay ar� abide by all prior lien instruments; 9. if all or any part of the Property or an interest in it (including a beneficial interest) so transferred without compliance with the terms of the note and this deed of trust, imm ' y pay in full to Beneficiary all sums secured by this deed of trust; and the property to Trustee in trust. performs all the obligations and :d of mist shall have no further ('r comply at all times with the terms, representations, and conditions of the note. Rights ,I -.—,Be I - may appoint in writing a substitute or successor trustee, succeeding to all rights -,-,,an re Wities of Trustee. -2. t o procee&%of the note are used to pay any debt secured by prior liens, Beneficiary is = Y su3irogatet' to-aq] of the rights and liens of the holders of any debt so paid 3,-• BenffreiaFy,rriay apappy any proceeds received under the insurance policy either to reduce the %{ Jade or repaT�r dace damaged or destroyed improvements covered by the policy. 4,: If Gdntor fails- t pefform any of Grantors obligations, Beneficiary may perform those ;oli{ligaliohs � d'�� ;ifnbursed by Grantor on demand at the place where the note is payable fqz-any spills so .p id, including attorney's fees, plus interest on those sums from the dates of payn,}etit at �th fated in the note for matured, unpaid amounts. The sum to be reimbuwr ed�Sltall be sec ed by this deed of trust. 5. If Grantor defayrlfs o the note, or,'if Grantor fails to perform any of Grantor's obligations, or if all or y pirt of dte,Wopert j oan interest in it (including a beneficial interest) is sold or transferre with it con3pliaance with the terms of the note and this deed of trust, or if default occurs on a pilar-ii5n'noterWother instrument, and the default continues after Beneficiary gives Grantor notice of tie difauit,and the time within which it must be cured, as may be required by law d 4hy �i a enkrit, then Beneficiary may: a. declare the unpai prep 1 alaAce an _'D ed interest on the note immediately due; b. request Trustee fc,tse this li1en; in ch case Beneficiary or Beneficiary's agent shall give notice o e for o e sal s provided by the Texas Property Code as then amended, and c. purchase the property at --any losure sale b ffering the highest bid and then have the bid credited on the n�b�g 6. If the Grantor defaults on the Note or fails t e� an f Grantor's obligations under this Deed of Trust, the Beneficiary shall pr�ride the cial stitution, a prior lienholder, with copies of all correspondence trans • tted Gr for r garding the default or notice of acceleration. Trustee's Duties If requested by Beneficiary to foreclose this lien, Trustee shad 0 1. either personally or by agent give notice of thea-fbmcloig' sale as Property Code as then amended; 2. sell and convey all or part of the property to the highestibidQi f warranty binding Grantor, subject to prior liens and to othcep warranty; 3. from the proceeds of the sale, pay, in this order: a. expenses of foreclosure, including a commission to Truste of 56 b. to Beneficiary, the full amount of principal, interest, alto ' due and unpaid; c. any amounts required by law to be paid before payment to Gran c d. to Grantor, any balance, and 4. if the prior lien has not been released, give written notice to Financial is in default under this deed of trust and a copy of the notice of Grantor. Kg by the Texas L with a general conveyance and charges ral rovisions �fIf any of the property is sold under this deed of trust, Grantor shall immediately surrender --If ession to the purchaser. If Grantor fails to do so, Grantor shall become a tenant at sufrance of the purchaser, subject to an action for forcible detainer. t 2 r Retals ia=y.�Trustee's deed conveying the property will be presumed to be true. Pr Oec'fing un�tr this deed of trust, filing suit for foreclosure, or pursuing any other remedy } will not c&2fttu an election of remedies. 4r-�Tlu�iii -hoot r�I emai� superior to liens later created even if the time of payment of all or part )af'the n&e is a*tcp f or part of the property is released. If fy po5vgx f the no cannot be lawfully secured by this deed of trust, payments shall be -&lieA,-r1rstdis ge that portion. 6. 6tan[or,6signs--Ito Beneficiary all sums payable to or received by Grantor from conderfinatiori of2fl--nr,part of the property, from private sale in lieu of condemnation, and from,datagds caused b public works or construction on or near the property. After deducting; any 4eles 'ncurrA including attorney's fees, Beneficiary may release any remaining sums to CirantoVrr-appltr such sums to reduce the note. Beneficiary shall not be liable for failure tdkcolleptor fb dXercise diligence in collecting any such sums. 7. Following the maturity of the above described Financial Institution loan, Grantor assigns to Beneficiary absol Lely s-riot o y N% collateral, all present and future rent and other income and receipts frontgbz'pxepc� orgo such maturity Borrower's rights shall not arise under this paragraph 7. Le Ses a� ndt-a�sigjed. Cr�}tor warrants the validity and enforceability of the assignment. Gra orinna3 as Bene�fteik'licensee collect rent and other income and receipts as long as Gran r is npt't the note or this deed of trust. Grantor will apply all rent and other 1hpi e d16-faultgder e ps to payment of the note and performance of this deed of trust, but if the rentarid o r mcome and r tpts exceed the amount due under the note and deed of trust, Grantb�retain the ess. Grantor defaults in payment of the note or performance of this deed of trust, en8' efary y terminate Grantor's license to collect and then as Grantor's agent may�rent ro erty if it is vacant and collect all rent and other income and receipts. Benefciary1ther s n assumes any obligations as lessor or landlord with respect to any cups u the,property. Beneficiary may exercise Beneficiary's rights and remedies and this parapdph without taking possession of the property. Beneficiary shall apply all rent'and-ot a ncome at d receipts collected under this paragraph 7 first to expenses incurred in exer in sen�fic+ry's rights and remedies and then to Grantor's obligations under the note an thi did of Fust in the order determined by Beneficiary. Beneficiary is not required to act der this gparagraph 7, and acting under this paragraph 7 does not waive any of Beneficiary's To or remes. If Grantor becomes a voluntary or involuntary bankrupt, Beneficiary's filing a ppo-1 d cl 'm in bankruptcy will be tantamount to the appoint of a receiver under Texasw. 8. Interest on the debt secured by this deed of trust shall of exceedr aimum amount of nonusurious interest that may be contracted for, taken, resescecl; rged,,or received under law; any interest in excess of that maximum amount shall be c diten tlp ' cipal of the debt or, if that has been paid, refunded. On any accelera on cfr squire or permitted prepayment, any such excess shall be canceled automaticaof a el tion or prepayment or, if already paid, credited on the principal of the de >x o principa of the debt has been paid, refunded. This provision overrides other prove to in 9"a d all other instruments concerning the debt. 9. Grantor represents that this deed of trust and the note are given in part pa nt f Chas - money on the property. 10. Except where otherwise required or permitted by the Beneficiary in co on transfer on death, divorce, legal separation, or legal incapacity of a Grantor s ed the note, the note and this deed of trust may not be assumed. 11. If Grantor fails to pay any part of principal or interest secured by a prior lien or Ii ns n e property when it becomes payable or defaults on any prior lien instrument, the de sec e by this deed of trust shall immediately become payable at the option of Beneficiary. 4. .i 13. 14. 15. 16. 17. Beneficiary and Grantor acknowledge and agree that this deed of trust is subject and subordinate in all respects to the liens, terms, covenants and conditions of the prior lien and to all advances heretofore made or which may hereafter be made pursuant to the prior lien, m�luding all sums advanced for the purpose of (a) protecting or further securing the lien of ,the nor lien or (b) constructing, renovating, repairing, furnishing, fixturing or equipping the Pr r�Tht­,terms and provisions of the prior lien are paramount and controlling, and they I supersede any ather terms and provisions of this deed of trust in conflict therewith. In the event of a% o eclosure or deed in lieu of foreclosure of the prior lien, any provisions herein or any g%rf inmany collateral agreement restricting the use of the Property to low or ,ms deratb incorpe teholds or otherwise restricting the Grantor's ability to sell the Property shall -have no U&' d1 force or effect on subsequent owners or purchasers of the Property. Any rson�.-in cl0iiclifigas--successors or assigns (other than the Grantor or a person or entity r�etdQe 'tor), receiving title to the Property through foreclosure or deed in lieu of forec; ure�raf the-pnor lien shall receive title to the Property free and clear from such restricts s. fFurthers if flxe Financial Institution acquires title to the Property pursuant to a deed in ligfi of f6re+s4, the n of this deed of trust shall automatically terminate upon the Financial i' stitutiQn?s a (fvisii n of title, provided that (i) the Beneficiary has been given writ n noting of a 111 der the prior lien and (ii) the Beneficiary (or another party acting on itsI -, have cured the default under the prior lien, or diligently pursued curing tl;�'defaztit as- determined by the Financial Institution, within the sixty-day period provided sue; et te Beneficiary. This dead of trust andthe. no ' l ment g -USC 12701 et seq. and 24 CFR Part 92 and shall be construed irlaac4r ce 1� re it{ Tc#.the extent not inconsistent therewith, these documents shall be gove�nedhy'th�laws Texas and the local jurisdiction in which the Property is located. CC � When the context requires, gular uns and pronginclude the plural. The term "note" includes all secured by N5, -deed 6f trust. This deed of trust shall bind, inure to the eneof,d be exercised by successors in interest of all parties. f If Grantor and Maker are not the s �bersohe teriri " antor" shall include Maker. EXECUTED AND DELIVERED as of the date first TIMOTHY L.P. E. P ATTACHED EXHIBIT A - Legal Description of Property ACKNOWLEDGMENT STATE OF TEXAS , COUNTY OF 1'Lt1115 This instrument was acknowledged before me on this the 30 day by TIMOTHY L. PAWELEK and wife, JEANINE E. PA LEK. • 1,i;;Yl iii�iS Public root :� Y Notary Public, State of Texas State L -,f texas My commission Expi,ee JUtqE 16,2005 5. SES RETURN TO: F� itt a: Downpa nt Assistance Program Manager { C of Ro Rock, Texas R221 S' ain ock, Texas 78664 r 1 'a on Counw. Texas EXHIBIT A (Legal Description of Property) ,ThetPro�erty (including any improvements) referred to in this agreement is described as follows: k -Q9), Block 'B", DOVE CREEK, SECTION 1, a in Williamson County, Texas, according to the map �o' riNorded in Cabinet B, Slide(s) 238-239, Plat ..1h1q,Wn County, Texas. --� FILED AND RECORDED OFFICIAL PUBLIC RECORDS 2004060192 08/02/2004 09:30 AM ALLEN $26.00 NANCYR TER, COUNTY CLERK I LIAMSON COUNTY, TEXAS O 4� %A CM -2016-1038 AFTER RECORDING, PLEASE RETURN TO: CITY OF ROUND ROCK (� ATTN: MONIQUE ADAMS 221 E. MAIN STREET ROUND ROCK, TEXAS 78664 FILED AND RECORDED OFFICIAL PUBLIC RECORDS 2016022088 Nancy E. Rister, County Clerk Williamson County, Texas March 17, 2016 09:55 AM FEE: $57.00 BARRICK