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HomeMy WebLinkAbout~Master - Mortgage Release on Security Interest for National Farmers Organization DO NOT WRITE 1N THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER Prepared by: John R.Klaus,City of Ames Legal Department,515 Clark,Ames,Iowa 50010(Phone: 515-239-5146) RESOLUTION NO. 99-274 RESOLUTION AUTHORIZING RELEASE OF REAL. ESTATE MORTGAGE ON PROPERTY OF NATIONAL, FARMERS ORGANIZATION WHEREAS,in 1989 the National Farmers Organization executed a mortgage to secure performance of obligations under a forgivable loan agreement pertaining to the Community Economic Betterment Account administered by the Iowa Department of Economic Development; and, WHEREAS, all obligations of the National Farmers Organization secured by that mortgage have been fulfilled; NOW THEREFORE,BE IT HEREBY RESOLVED by the City Council of the City of Ames, Iowa, that the said mortgage, filed as instrument No. 01435, at Book 373,pages 65-68, in the office of the Recorder of Story County, Iowa, shall be and is hereby released. BE IT FURTHER RESOLVED that the Mayor shall execute a mortgage release document for said mortgage, and the City Clerk shall attest to the same. Done this 27th day of July, 1999. • VR4.1L Diane R. Voss, City Clerk Ted Tedesco, Mayor taw/NF0.72 i