HomeMy WebLinkAboutSettlement Statement - CRC - 1,800,000 1/19/05 4:17 PM OMB No.2502-0265
A. U.S. Department of Housing B.Type of Loan
and Urban Development 1.[ ]FHA 2.[ ]FMHA 3.[ ]Conv.Unins.
4.[ ]VA 5.[ ]Cony.Ins.
6.File Number 7.Loan Number
2043428
. _ Settlement Statement 8.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.
D.Name of Borrower: Pedcor Office,LLC
E.Name of Seller: City of Carmel Redevelopment Commission TIN:
F.Name of Lender:
G.Property Location: Rangeline Road,Carmel, IN 46032
H.Settlement Agent: Hamilton Title Security,LLC(317)843-5300 TIN: 35-2033417
Place of Settlement: 865 West Carmel Drive,Suite 110,Carmel,IN 46032
I.Settlement Date: 12/22/2004 Proration Date: 12/22/2004
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 1,800,000.00 401. Contract sales price 1,800,000.00
102. Personal property 402. Personal property
103. Settlement charges to borrower(line 1400) 216.00 403.
104. 404.
105. 405.
Adjustments for items paid by seller in advance: Adjustments for items paid by seller in advance:
106. City/town taxes 406. City/town taxes
107. County taxes 407. County taxes
108. Assessments 408. Assessments
109. 409.
110. 410.
111. 411.
112. 412.
120. Gross amount due from borrower: 1,800,216.00 420. Gross amount due to seller: 1,800,000.00
200. Amounts paid by or in behalf of the borrower: 500. Reduction 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) 1,987.00
203. Existing loan(s)taken subject to 503. Existing loan(s)taken subject to
204. 504. Payoff of first mortgage loan
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 510. City/town taxes
211. County taxes 511. County taxes
212. Assessments q i 512. Assessments
213. -d 513.
214. _ , 514.
215. nn\ 515.
216. ,,� 7,Q .2 516.
217. x° 517.
218. SUYG\ 518.
219. �elk 1 519.
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220. Total aic'by/jdr o1.ow 0.00 520. Total reduction in amount due seller: 1,987.00 _
300. Cash a4;settlement from/to borrower: 600. Cash at settlement to/from seller: (( -
301. Gross amount due fromtorrower(line 120) I 1,800,216.00 601. Gross amount due_to_seller(line_420) �' I__- 1,800:000_00_
_/302. Less amount paid by/for borrower(line-220) - 0:00-6lFL-Less total reduction in amount due seller(line 520) 1,987.00
1303. CASH(X)FROM()TO BORROWER 1,800,216.00 603. CASH()FROM"(X)TO SELLER 1,798,013.00
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L. Settlement Charges 1/19/05 4:17 PM
File Number:2043428
700. Total sales/broker commission
Paid From Paid From
Division of commission(line 700)as follows: i Borrower's Seller's
701. $
702 $ Funds at Funds at
�:
703. Commission paid at settlement 1 Settlement Settlement
704.
800. Items payable in connection with loam
801. Loan origination fee ' ,
802. Loan discount
803. Appraisal fee
ill , , ,i
804. Credit report _4
805. Lender's inspection fe23;- '` '
806. Mortgage insurance application fe e
807. Assumption fee
808. Tax Service Fee
I
809. Flood Certification
810.
811.
812.
a
900. Items required by lender to tie laid in advance
901. Interest from
902. Mortgage insurance premium r r
903. Hazard insurance premium fr
904. �r
905. r
1000. Reserves deposited wi,
1001. Hazard insurance ih lender
1002. Mortgage insurance
1003. City property taxes
1004. Coorgy prop nY t,
1005. Annual assessmt'xes
1006. 'nts(maint.)
1007. r '
1009. Aggregate Accot•
nting Adjustment •
1100. Title charges
• 1101. Settlem
• ;,
i` 1102. Abs� nt or closing fee to Hamilton Title Security,LLC 175.00 175.00
1103. Tit, ',act or title search
1104. T/e examination
1105. ,itle insurance binder
, j%
:~ t Document preparation
Notary fee's
.i'7.. Attorney's fees to
+Ty 7 includes above items.no.:
1108. Title insurance to Hamilton Title Security,LLC 1,800.00
h includes above items no.:
1109. Lender's coverage
1110. Owner's coverage $1,800,000.00 $1,800.00
e 1111. Courier Fee
1112. Wire Fees(2) to Hamilton Title Security,LLC 12.00 12.00
1113.
1200. Government recording and transfer charges
1201. Recording fees: Deed$18.00 18.00
1202. City/county tax/stamps:
1203. State tax/stamps:
1204. Sales Disclosure Filing Fee to Auditor of Hamilton County 10.00
1205. Transfer Fee to Auditor of Hamilton County 1.00
1206.
1300. Additional-settlement charges- - .- -----1301. Survey
1302. Pest inspection
1303.
1304.
1305.
1400. Total settlement charges(entered on lines 103,section J and 502,section K) 216.00 1,987.00
CERTIFICATION: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 disbursements made on my account or by me in this transaction.I further certify that I have received a copy of HUD-1 Settlement Statement.
Pedcor Office,LLC City of Carmel Redevelopment Commission
To the best of my knowledge,the HUD-1 Settlement Statement which I have prepared is a true and accurate account of the funds which were received and have been or will
be disbursed by the undersigned as part of the settlement of this transaction.
Hamilton Title Security,LLC Date
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