HomeMy WebLinkAbout[03f] Mortgage Satisfaction
Council Agenda Item 3f
MEETING DATE: April 6, 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
st
REQUESTED COUNCIL ACTION: Consider approving the Mortgage Satisfaction for 21 1 Ave SE,
St. Joseph, MN.
\[Space above This Line for Recorder’s Use\]
MORTGAGE SATISFACTION
THAT CERTAIN MORTGAGE owned by the undersigned, a single-family
residence of the State of Minnesota, dated January 6, 2014, executed by the City of St.
Joseph, as mortgagor to Randy E. Kuschel & Stacy A Kuschel, a married couple, as
mortgagee, and recorded on June 26, 2014, as Document Number A1423594, in the
Office of the County Recorded 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
Its: Mayor
By: Kris Ambuehl
Its: Administrator
STATE OF MINNESOTA )
) ss.
COUNTY OF STEARNS )
This instrument was acknowledged before me on this 6th day of April, 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
Page 1 of 1