Settlement Statement ti 11/20/00 12:14 PM OMB No 2502-0265
r A.U.S.Department of Housing B.Type of Loan
and Urban Development 1.[ )FHA 2.[ )FMHA 3.1 )Conv.Unins.
.
4.( )VA 5.[ )Cony.Ins.
If. 6.File Number
.; r 7.Loan Number
2000626
Settlement Statement B.Mortgage Ins.Case No.
-
C.Note: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement
agent are shown. Items marked("POC')were paid outside the closing: they are shown here for information
purposes and are not included in the totals.
;i`1,Name of Borrower: AMLI Residential Properties,L.P.
;t` E.Name of Seller: City of Carmel Redevelopment Commission TIN:
F.Name of Lender:
13.Property Location: of the Northeast 1/4 of Section 36,Township 18 North,Range 3 East,Hamilton
County,Indiana
'f
ii City Center Drive,Carmel,IN 46032
_,Settlement Agent: Hamilton Title Security,LLC(317)843-5300
TIN: 35-2033417
r 865 West Cannel Drive,Suite 110,Cannel,IN 46032
' °I Place of Settfement:
,,Settlement Date: 11/20/2000 Proration Date: 11/20/2000
i,._ J. Summary of Borrower's Transaction K.Summary of Seller's Transaction .
00. Gross amount due from borrower: 400. Gross amount due to seller.
5' 101. Contract sales price 4,000,000.00 401. Contract sales price 4.000,000.00
'5. 102. Personal property 402. Personal properly
.':03. Settlement charges to borrower(line 1400) 201.00 403.
' 404.
_ ... 04.
105. 405.
! Adjustments for items paid by seller in advance: Adjustments for items paid by seller in advance:
a
a: OB. City/town taxes 406. City/town taxes
.; '07. County taxes 407. County taxes
{ OB. Assessments 408. Assessments
'. 109 . 409.
-,..10. 410.
11. 411.
:..'`1 12. 412.
120. Gross amount due from borrower: 4,000,201.00 420. Gross amount due to seller: 4,000,000.00
.00. Amounts paid by or in behalf of the borrower. ~500. Reduction in amount due to seller.
01. Deposit or earnest money 200,000.00 501. Excess deposit(see instructions)
;x_#'".02. Principal amount of new loan(s) 502. Settlement charges to seller(line 1400) 3,664.00
it 203. Existing loan(s)taken subject to 503. Existing loan(s)taken subject to
504. Payoff of first mortgage loan
:,24:i 05. Escrow Account with HTS,LLC 3,800,000.00 505. Payoff of second mortgage loan
06. Interest Earned on Escrow Acct. 54,352.31 506. Depositor earnest money 200,000.00 1
207. 507.
SOB. 1 508.
i 09. 509.
`, 1 uljustments for items unpaid by seller: Adjustments for items unpaid by seller:
! 210. City/town taxes _ 510. City/town taxes
..111. County taxes 511. County taxes
:,...1.:12. Assessments 512. Assessments
•`''I2t4'13. 513.
j . 1514.
215. x515.
516.
:17. 517.
' 218. ^518.
_ 219. 519.
', < 20. Total paid by/for borrower: 4,054,352 31 520. Total reduction In amount due seller: 203,664.00
00. Cash at settlement from/to borrower: 600. Cash at settlement to/from seller:
301. Gross amount due from borrower(tine 120) 4,000,201.00 601. Gross amount due to seller(line 420) _ 4,000,000.00
,_ 102. Less amount paid by/for borrower(line 220) 4.054,352.31 602. Less total reduction in amount due seller(line 520) 203,664.00
_03. CASH()FROM(X)TO BORROWER 54 151.31 603. CASH()FROM(X)TO SELLER 3,796,336.00
A
ri
r.
°k
�i
:ity of Carmel Redevelopment Commission
s .
7
"3,
..
L. Settlement Charges 11/20/00 12 14 Pf.t
File Number:2000626
700. Total sales/broker commission Paid From Paid From
�s
le. Division of commission(line 700)as follows: Borrower's Seller's
701• $ Funds at Funds at
6 702. $ Settlement Settlement
701 Commission paid at settlement
704.
•
800. Items payable in connection with loan •
801• Loan ongination fee
802. Loan discount
803. Appraisal fee
804. Credit report
1 805. Lenders inspection fee
806. Mortgage insurance application fee
807, Assumption fee
808. Tax Service Fee
809. Flood Certification f -810.
811.
812.
900, Items required by lender to be paid in advance
li 901. Interest from
902. Mortgage insurance premium for
903. Hazard insurance premium for
904.
II 905.
1000. Reserves deposited with lender -•
1001. Hazard insurance
1002. Mortgage insurance
1003. City property taxes
- -
1004. County property taxes
1005. Annual assessments(maint.)
1006.
1007. •
1008.
-
1009. Aggregate Accounting Adjustment
1100. Title charges
1101. Settlement or closing fee to Hamilton Title Security,LLC 175 00 175.00
1102. Abstract or title search
1103. Title examination
1104. Title insurance binder '
I1105. Document preparation
1106. Notary fees
1107. Attorneys fees to
includes above items no:
1108. Title insurance 1 to Hamilton Title Security,LLC 3.400.00
I includes above items no:
1109. Lenders coverage
1110. Owners coverage $4,000,000.00 $3,400.00
1111. Courier Fee
I1112. Wire Fee to Hamilton Title Security,LLC 15.00
1113.
1200. Government recording and transfer charges
1201. Recording fees: Deed$20 00
zo on
I1202. City/county tax/stamps:
1203. Stale tax/stamps:
1204. Sales Disclosure Filing Fee to Auditor of Hamilton County 500
1205. Transfer Fee to Auditor of Hamilton County 1 00
I1206. Recording Fee-Declaration to HTS,LLC Recording 74 00
1300. Additional settlement charges
1301. Survey
1302. Pest inspection
d 1303.
`6 1304.
1305.
1400. Total settlement charges(entered on lines 103.section J and 502,section K) 201.00 3,664 00
CERTIFICATION:I have carefully reviewed are HUD-1 Settlement Statement and to the best of my knowledge and belie is .n.accurate statement of all receipts
•and disbursements made on my account or by me in Ihis transaction I lusher certify that have received a cr., .I••it ./. 1 .lament
AMLI p �i�- 4Tt),Z-f`7b�/
Residential Properties L P. Ar11LL 7
In $o Y ,�1t>r-rJ1-S f'YCoF i�S City Car•el•ede opmenl Corrvfiission
In the best. - • e• HooL55,-•j' SR.VICE �)4IC' J>•
wleyge,the HUO-t Settlement Stale r)I which I have prepared is a liue and accurate account of the tunas which were received and have been or will be
disbar s.,i', ,ea as art el the settlement o
r�,�` D t G•s trans action
I .
hamllbn i±3ecunly,LLC
Date
w _
I
I
File No.: 2000626
EXHIBIT A
Part of the Northeast Quarter of Section 36, Township 18 North, Range 3 East, Clay Township,
Cannel, Indiana being more particularly described as follows:
Commencing at the brass plug found at the Northeast Corner of said quarter section, said corner
being North 00 degrees 13 minutes 54 seconds West (an assumed bearing) 2,648.02 feet,
measured along the east line of said quarter section, from the brass plug found at the southeast
corner of said quarter section; thence South 89 degrees 12 minutes 13 seconds West 2,625.23
feet along the North Line of said quarter section to the iron pin with Woolpert cap set at the
northwest corner of said quarter section; thence South 00 degrees 11 minutes 57 seconds East
276.14 feet along the West Line of said quarter section, said line also being the western boundary
line of a tract of land as recorded in Instrument Number 9909923665 in the Office of the
Recorder of Hamilton County, Indiana, to the southern right-of-way line of 126th Street as shown
on the Cannel City Center Drive Road Plans Project No. 97-10A, said point being located on a
non tangent curve concave to the southeast and being North 30 degrees 11 minutes 04 seconds
West 640.00 feet from the radius point of said curve, the following five (5) courses are along the
southern right-of-way line of 126th street; 1) thence Northeasterly 176.37 feet along said curve to
a point being North 14 degrees 23 minutes 43 seconds West 640.00 feet from the radius point of
said curve and the POINT OF BEGINNING of this description; 2) thence Easterly 160.80 feet
along said curve to a point being North 00 degrees 00 minutes 00 seconds East 640.00 feet from
the radius point of said curve; 3) thence South 90 degrees 00 minutes 00 seconds East 204.66
feet; 4) thence South 78 degrees 24 minutes 01 seconds East 222.00 feet to a point of curvature
to the left, said point being South 11 degrees 35 minutes 59 seconds West 569.00 feet from the
radius point of said curve; 5) thence Southeasterly 72.37 feet along said curve to a point being
South 04 degrees 18 minutes 44 seconds West 569.00 feet from the radius point of said curve;
thence South 00 degrees 11 minutes 57 seconds East 364.30 feet parallel with said West Line;
thence South 89 degrees 48 minutes 03 seconds West 160.00 feet perpendicular to said West
Line; thence South 00 degrees 11 minutes 57 seconds East 140.00 feet parallel with said West
Line; thence North 89 degrees 48 minutes 03 seconds East 160.00 feet perpendicular to said
West Line; thence South 00 degrees 11 minutes 57 seconds East 428.36 feet parallel with said
West Line to the southern boundary line of said Instrument Number 9909923665; thence south
89 degrees 12 minutes 13 seconds West 815.69 feet along the southern boundary line of said
Instrument Number 9909923665 to said West Line of said quarter section, said line also being
the western boundary line of said Instrument Number 9909923665; thence North 00 degrees 11
minutes 57 seconds West 674.47 feet along said West Line thence North 89 degrees 55 minutes
25 seconds East 251.32 feet; thence North 00 degrees 11 minutes 57 seconds West 227.60 feet
parallel with said West Line;thence North 49 degrees 20 minutes 42 seconds West 116.89 feet to
the point of beginning, containing 16.109 acres more or less.
Excepting the following wetlands Parcel #2:
Commencing at the brass plug found at the northeast corner of said quarter section, said corner
being North 00 degrees 13 minutes 54 seconds West ( an assumed bearing) 2,648.02 feet,
measured along the east line of said quarter section, from the brass plug found at the southeast
corner of said quarter section; thence South 89 degrees 12 minutes 13 seconds West 2,625.23
feet along the north line of said quarter section to the iron pin with Woolpert cap set at the
northwest corner of said quarter section; thence South 00 degrees 11 minutes 57 seconds East
276.14 feet along the west line of said quarter section to a point in a non-tangent curve concave
to the southeast, said point being North 30 degrees 11 minutes 04 seconds West 640.00 feet from
the radius point of said curve, the next three (3) courses are along the southern right-of-way of
126th Street; 1) thence Northeasterly and Easterly 337.17 feet along said curve to a point being
North 00 degrees 00 minutes 00 seconds West 640.00 feet from the radius point of said curve; 2)
thence South 90 degrees 00 minutes 00 seconds East 204.66 feet; 3) thence South 78 degrees 24
minutes 01 second East 89.83 feet; thence South 00 degrees 07 minutes 19 seconds East 139.18
feet to the POINT OF BEGINNING of this description; thence continuing South 00 degrees 07
minutes 19 seconds East 72.97 feet; thence North 82 degrees 23 minutes 18 seconds West 22.36
feet; thence South 77 degrees 22 minutes 28 seconds West 61.28 feet; thence South 54 degrees
11 minutes 05 seconds West 9.89 feet; thence South 89 degrees 48 minutes 03 seconds West
226.94 feet; thence North 00 degrees 12 minutes 20 seconds West 93.58 feet; thence North 07
degrees 37 minutes 10 seconds East 40.46 feet; thence North 00 degrees 11 minutes 57 seconds
West 14.97 feet; thence South 84 degrees 06 minutes 49 seconds East 102.13 feet; thence South
79 degrees 03 minutes 11 seconds East 208.27 feet; thence South 33 degrees 26 minutes 12
seconds East 10.36 feet to the POINT OF BEGINNING and containing 0.886 acres, more of less.
NOTE: The acreage shown above is included for descriptive purposes only.