SUBJECT:
Title
Request Approval of a Modification Agreement Between Marion County and Lauren Hall (McKittrick) (Budget Impact - None)
Body
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INITIATOR: |
DEPARTMENT: |
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Cheryl Butler, Director |
Community Services |
DESCRIPTION/BACKGROUND:
On May 19, 2006, Community Services assisted Lauren Hall with State Housing Initiatives Partnership (SHIP) Housing Program funds. Ms. Hall was approved for down payment and closing cost assistance in the amount of $59,000 for the property located at 5723 NE 14th Avenue, Ocala, FL 34479, parcel number 1501-003-005. The Mortgage and Promissory Note was recorded with the Marion County Clerk of the Court on May 26, 2006, and will reach maturity the first day of June 2036.
Ms. Hall married in 2023, she has requested a modification to her SHIP Mortgage and Note to reflect her name change and to add her husband, Craig McKittrick.
Staff recommends approval of the modification.
BUDGET/IMPACT:
None
RECOMMENDED ACTION:
Recommended action
Motion to approve and authorize the Chairman and Clerk to execute the Mortgage Modification between Marion County and Lauren Hall (McKittrick) and all necessary documents associated with the Marion County SHIP Housing Program.
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