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Home My WebLink AboutC16-037 Release of Master Covenant - 54 Nighthawk CircleEagle County, CO Teak J Simonton Pgs: 2 REC: $0.00 DOC: $0.00 RELEASE OF MASTER COVENANT FOR THE OCCUPANCY AND RESALE OF EAGLE COUNTY HOUSING A "Master Covenant for the Occupancy and Resale of Eagle County Housing" was recorded on March 5, 2009, at Reception No. 200903853 in the office of the County Clerk and Recorder of Eagle County, Colorado (the "Covenant"). By execution of the Covenant, Eagle County, Colorado ("County'') accepted and agreed to enforce the terms of the Covenant, including the right and obligation to release the Covenant on terms and subject to the requirements contained therein. Under Section 6 of the Covenant, the County agrees to release the Covenant in favor of the holder or any assigns of a holder of an FHA First Deed of trust who becomes the owner of the unit by way of a deed in lieu of foreclosure, public trustee's confirmation deed or sheriff s confirmation deed. Section 5 of the Covenant provides that under such circumstances, the Covenant is automatically released and waived. A public trustee's confirmation deed was issued to the holder of an FHA First Deed of Trust on November 7, 2014, and recorded at Reception No. 20141921, automatically releasing the Covenant against the following unit at Stratton Flats, hereinafter identified as the "Property:" Legal Description: TOWNHOME LOT 204, STRATTON FLATS PLANNED UNIT DEVELOPMENT, ACCORDING TO: (1) THE PRELIMINARY PLAT OF STRATTON FLATS PLANNED UNIT DEVELOPMENT DATED MARCH 19, 2OO8 AND RECORDED MARCH 21, 2008 AT RECEPTION NO. 200806089, EAGLE COUNTY, COLORADO; (2) THE FINAL PLAT OF STRATTON FLATS PLANNED UNIT DEVELOPMENT DATED MARCH 19, 2OO8 AND RECORDED MARCH 2I,2OO8 AT RECEPTION NO. 200806090, EAGLE COUNTY, COLORADO; (3) THE FIRST AMENDMENT TO FINAL PLAT OF STRATTON FLATS PLANNED UNIT DEVELOPMENT DATED JANUARY 2I,2OO9 AND RECORDED JANUARY 22, 2OO9 AT RECEPTION NO. 200900843, EAGLE COUNTY, COLORADO; (A) THE FIRST PLANNED COMMUNITY MAP OF STRATTON FLATS PLANNED UNIT DEVELOPMENT, FILING 1, PARCEL 3, DATED JANUARY 21, 2OO9 AND RECORDED JANUARY 22,2009 AT RECEPTION NO. 200900844, EAGLE COLINTY, COLORADO; (5) THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR STRATTON FLATS MASTER ASSOCIATION DATED JANUARY 23,2009 AND RECORDED JANUARY 26,2009 AT RECEPTION NO. 200900985, EAGLE COUNTY, COLORADO; (6) THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR STRATTON FLATS TOWNHOME ASSOCIATION DATED JANUARY 23, 2OO9 AND RECORDED JANUARY 26, 2OO9 AT RECEPTION NO. 200900986, EAGLE COUNTY, COLORADO; AND (7) THE STRATTON FLATS TOWNHOMES NOTICE OF APPLICABILITY DATED JANUARY 23, 2OO9 AND RECORDED JANUARY 26, 2OO9 AT RECEPTION NO. 200900987, EAGLE COUNTY, COLORADO. Also known by street and number as: 0054 Nighthawk Cir, Gypsum, CO 81637. 201601 586 02t03t2016 11:05:09 AM Eeql:,3 dttr'i",tY BY:-*.*. -_:- :;;;";;eFiofFGEagt. ucu{"ltu - C16-037 This document is being recorded to evidence that the Covenant has been released and is of no force and effect against the Property identified herein. Executed this V day of F'ltV,{t*,"2016 COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS