HomeMy WebLinkAboutHUD Statement - 12-27-06E.
NAME
OF
SELLER:
ADDRESS:
Brookshire First Mortgage, LLC
37 Water Street, PO Box 442
Mystic CT 06355
F.
NAME
OF
ADDRESS:
LENDER:
G.
PROPERTY
LOCATION:
12120 BROOKSHIRE PARKWAY
CARMEL Indiana
H.
PLACE
SETTLEMENT
OF
SETTLEMENT:
ADDRESS:
ADDRESS:
AGENT:
CHICAGO TITLE
101 W. OHIO STREET, SUITE 1100
INDIANAPOLIS Indiana 46204
11711 North Meridian Street, Suite 160
Carmel Indiana 46032
I. SETTLEMENT
December
DISBURSEMENT
December
27,
27,
DATE:
2006
DATE:
2006
J.
SUMMARY
OF
BORROWER'S
TRANSACTION
K. SUMMARY
OF
SELLER'S
TRANSACTION
100. GROSS AMOUNT DUE FROM BORROWER:
400. GROSS AMOUNT DUE TO SELLER:
101. Contract sales price
2,600 000.00
401. Contract sales price
2,600,000.00
102. Personal Property
10 , 000 . 00
402. Personal Property P Y
10,000 -00
103. Settlement charges to borrower (line 1400)
4 , 363 . 00
403
104.
404.
105.
405
Adjustments
for Items
paid
by seller
in advance
Adjustments
for items
paid
by seller
in advance
106 City /town taxes 12 /15/06 to 01/01/07
1,549.24
406 City /town taxes 12/15/06 to 01/0,_/07
1,549.24
107. County taxes to
407. County taxes to
10g, Assessments to
408. Assessments to
109. Personal Prop. Taxes 12/15/06 - 01/01/07
25.13
409. personal Prop. Taxes 12/15/06 - 01/01/07
25.13
110. Salary Credit to Seller
2 500.00
410. Salary Credir to Seller
2,500.00
111. Equipment Leases Credit to Seller
1,541.50
411. Equipment Leases Credit to Seller
1, 541.50
112.
412.
120. GROSS AMT DUE FROM BORROWER
2,619,978.87
420. GROSS AMT DUE TO SELLER
2,615,615.87
200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER
500. REDUCTIONS IN AMOUNT DUE TO SELLER:
201. Deposit or earnest money
501. Excess deposit (see instructions)
202. Principal amount of new loan(s)
502. Settlement charges to seller (line 1400)
62, 938.92
203. Existing loan(s) taken subject to
503, Existing loan(s) taken subject
to
504. Payoff of first mortgage loan
Salim Bank and Trust Company
762,314.34
204.
205.
505. Payoff of second mortgage loan
206......
506.
207.
507.
208
508.
209.
509
Adjustments
for
items unpaid
by seller
Adjustments
for items unpaid
by seller
210 City /town taxes to
510 City /town taxes to
211. County taxes to
511. County taxes to
212. Assessments to
512. Assessments to
213.
513.
214.
514.
215.
515.
216.
516.
217.
517.
218.
518.
219.
519.
220. TOTAL PAID
BY /FOR
BORROWER
520.
TOTAL
REDUCTIONS
AMT
DUE
SELLER
825, 253 - 26
300. CASH
AT SETTLEMENT
FROM/TO
BORROWER
600. CASH
AT SETTLEMENT
TO /FROM
SELLER
301. Gross amt due from borrower (line 120)
2 61 q 978.87
601. Gross amt due to seller (line 420)
2,615,615.87
302. Less amts paid by /for borrower (line 220)
( 0.00)
602. Less reductions in amt due seller (line 520)
j S25, 253.26 )
303. CASH(®
FROM) (0 TO) BORROWER
2,619 978.87
603. CASH(
13
TO) ( q FROM)
SELLER
1, 790, 362.61
I have carefully reviewed the HUD -1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts
and disburse ni�74H. account or e this transaction, l furthe that I ha
certify ceived a copy of the HUD -11 Settlement Statement.
®e
fahrti
Borrower v pT %
Seller /v-�-"'/
City l Redevelopment Commission Broo ire Firs Mortgage, LLC
To the best of my knowledge, the HUD - s=ettlement Statement which I have prepared is a true and accurate account of e funds which were received and
have been or will be disbursed by tr t A red asps f the settlement of this transaction. (2/g
/ 2-71
--c,,
.
- - ement Agenl Date
WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction can include a fine and imprisonment. For details see:
Title 18 U.S. Code Section 1001 and Section 1010.
A F K
HUD -1 (3/86) RESPA, FIB 4305.2
ov,. Lvw vuyluatwn ree o
802. Loan Discount ,
803. Appraisal Fee to
804. Credit Report to
805. Lender's Inspection Fee to
806. Mortgage Insurance Application Fee to
807. Assumption Fee to
808.
809.
810.
811.
812.
900.
ITEMS
REQUIRED
BY LENDER
TO
BE
PAID
IN
ADVANCE
901. Interest from to @$ /day for 0 days
902. Mortgage Insurance Premium for o 0o months to
903. Hazard Insurance Premium for o.00 years to
904.
905.
1000.
RESERVES
DEPOSITED
WITH
LENDER
1001.
Hazard insurance 0,00 month @$ per month
1002. Mortgage insurance o.00 month @$
per month
1003. City property taxes 0,00 month @$ per month
1004. County property taxes o,00 month @$ per month
1005. Annual assessments 0.00 month @$ per month
1006. 0.00 month @$ per month
1007. 0,00 month @$
per month
1008. Aggregate Accounting Adjustment
0.00
0. 00
1100.
TITLE
CHARGES
1101. Settlement or Closing Fee to Chicago Title Insurance Company
500.00
1102. Abstract or title search to Chicago Title Insurance Company
250.00
1103. Title examination to Chicago Title Insurance Company
225.00
1104. Title insurance binder to
1105. Document preparation to
1106. Notary fees to
1107. Attorney's fee to
1108. Title Insurance to Chicago Title Insurance Company
3,159.00
(includes above items numbers:)
1109. Lenders coverage
$ 0.00
$ 3,155.00
1110. Owner's coverage $ 2, so0, 000.00 $
1111. Copies Recorded Documents to Chicago Title Insuance Company
144.00
1112. Title Insurance Enforcement Fee to Chicago Title insurance
5.00
1113.
1200. GOVERNMENT RECORDING
AND
TRANSFER CHARGES
1201. Recording fees: Deed $ 50.00 Mortgage $ ; Release $ 15.00
50.00
15.00
1202. City /county tax /stamps: Deed $ ; Mortgage $
1203. State tax /stamps: Deed $ ; Mortgage
$
1204. Indiana Sales Disclosure Form to Hamilton County Auditor
30. 00
1205.
1300. ADDITIONAL
SETTLEMENT
CHARGES
1301. Survey to
1302. Pest inspection to
1303.Delinquent Real Estate Taxes to Hamilton County Treasurer
36, 619.55
1304. Delinquent Personal Prop Taxes to Hamilton County Treasurer
593.48
1305. Seller's Legal Fees to Harrison & Moberly LLP
25,710,89
1306.
1307.
1400. TOTAL
SETTLEMENT
CHARGES
(enter on lines 1o3, Section J and 502, Section K)
4 0363.00
62, 938.92
I have carefully reviewed the HUD -1 Settlement Statement
and disburse ts • = on my ac o or me in
and to the best of my knowledge
is transaction, I further certifytha
and belief, it is a true and accurate sta
ave received a copy of the HUD -1 Settlement
ement of all receipts
Statement.
y/ p�
Borrower - i�` ^5-24(4):7-
�.�f�j ' f C. 9
Seller
CyGy of Carmel Redevelopment Commission Broo
ire Firs Mortgage, 66C
The HUD -1 Settlement Sta 4!.uL ,ic. have prep red is a true and accurate account of this transaction. I have u ed swill cause funds to be
disbursed in accorda -t
. ent.
�� %
JV•
II
/y
Settlement Agent Date
WARNING: It is a crime to knowingly make false statement to the United States on this or any other similar form. Penalties upon conviction can Include a fine and imprisonment. For details see:
Title 18 U.S. Code Section 1001 and Section 1010.
AFK
HUD -1 (3/86) RESPA, HB 4305.2