HomeMy WebLinkAbout[04n] Satisfaction of Mortgage
Council Agenda Item 4n
MEETING DATE: January 21, 2020
AGENDA ITEM: Mortgage Satisfaction
SUBMITTED BY: Finance
BOARD/COMMISSION/COMMITTEE RECOMMENDATION: None
PREVIOUS COUNCIL ACTION: Council accepted MN Small Cities Housing Rehab grant from
DEED and contracted with Central MN Housing Partnership to administer the grant.
BACKGROUND INFORMATION: The 2013 housing grant award was completed in 2016. One of
the homeowners paid their forgivable loan and requires a Satisfaction of Mortgage to be recorded. Upon
council approval, staff will forward the agreement.
BUDGET/FISCAL IMPACT: none
ATTACHMENTS: Request for Council Action – Mortgage Satisfaction
Mortgage Satisfaction
nd
REQUESTED COUNCIL ACTION: Consider approving the Mortgage Satisfaction for 114-2 Ave
NE, St. Joseph, MN.
, [Space above This Line for Recorder's UseJ
MORTGAGE SATISFACTION
i THAT CERTAIN MORTGAGE,owned by the undersigned, a single family residence of the
State of Minnesota,dated May 7,2015,executed by the City of St. Joseph, as mortgagor to Marlys
Sebesky as mortgagee, and recorded on October 20,2015, as Document Number A1454804,in the Office
of the County Recorder of Stearns County,Minnesota,is with the indebtedness thereby secured, fully
' paid and satisfied.
CITY OF ST.JOSEPH
,
A Minnesota public body, corporate and politic
By: Rick Schultz
II Its: Mayor
By: Kris Ambuehl
Its: Administrator
STATE OF MINNESOTA )
I ) ss.
COUNTY OF STEARNS )
' This instrument was acknowledged before me on this 21 S�day of January,2020,by Rick Schultz
as Mayor and Kris Ambuehl as Administrator of the City of St.Joseph,a Minnesota public body,
corporate and politic, on behalf of said city.
Notary Public
Drafted by:
, City of St.Joseph
75 Callaway St E
St.Joseph MN 56374
' 320-363-7201
I
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