Settlement Statement - $1,450,000MAY. 8.22001. 2:23AM, WALLACK SOMERS HAAS,..,, NO.03S•
A. U.S. Department of Housing
and Urban Development
Settlement Statement
8. TWO
of Loan
1. i j FNA 2.1 ) FMI4A 3.1 I Co m. unins.
4. i j VA 5.1 I Cony. Ina.
6. Pilo Nu mb0f
2010574
17. Loon Number
a. Mortally Inn, Case No.
G. Note: This form Is furnished to aloe
apett are shown. items marked
vuraa and are not Included
You * statement of ouual settlement costs, Amounts paid to and by ape senlement
CPOC') were paid outside the closIna they are shown here for In formation
in the temp.
Commuslon
0. Name of Borrower: City of Carr* Redevelopment
E. Name of sailer. r. Nicholas Keetner TIN;
F. Neme 01 Lander.
G. Property Location: of the Northeast 1/4 of Section 3e, Township 18 NMM, Range 3 East. Kanditon
county, Indiana
S. Rattpeline Road, Carmel, IN 46032
H. Settlement Apent: Hamilton Title Security, L.0 (317) 843.6300 TIN: 35.2033417
pine of srrtusmarrt 865 West Carmel Drive. Sue 110. Carmel, IN 46032
1. settiemnt cam: 05/102001 Pmrattan Dab; 0511W2001
J. Summary of Borrower's Transaction
K. Summary of Sellers Transaction
100. Gross amount due from borrower; -
400. Grose amount due to seller:
101. Contract sales price
1,450.000.00
401. Contact sales price
1,450.000.00
102. Personal property
402. Pentomrpreparty
103, Settlement charges to borrower fine 1400)
2,217.00
403.
104.
404.
105.
405.
AdluslmenIa for items paid by seller In advance
Atljusbtrwns tot ttama paid by seller In advance
106. tlly4own maces
405. Cityllw I loxes
107. Count/ tries
407. County lases
108. Asaeasmente
408. Asosemants
108,
408.
110.
410.
111.
411.
112.
412.
120. Gross amount clue from borrower:
1,452,21740
420. Gross amount dus to seller:
1,450,000.00
200, Amounts eatd by or In beMff 01 the bunswer.
500, RSduWai in am0Vnt duo t0 seller•
201. Depositor esmaet money
501. Exam deposition Instructions)
202. Principal amount of new loan(e)
502. Settlement digress to seller Olne 1400)
52.00
203. Enbtin9 loan(s) taken subject to
503. edstine loan(s) taker subloct to
204.
804. Payoff of Drat a loan
2115,
_
905. Payoff of second mortgage loon
508.
,�_..a.
205.
207.
507.
708. Trade Creatt for Mt Centre )hie Property
250,000.00
604 Trade Civet for City Cenhe Dfhre Pmaerty
250,000.00
209.
509.
Adtyspments br ttems unpaid by s e t te r . '
Adle tmenb for here Id by seller.
210. Croon exec
510, Chyltawn taxes
211. County ma=ss
511. Count/ taxes
212. Assessments
512. A rents
213,
513.
214.
514
215.
515.
215.
518.
217.
617.
218.
518.
219.
_
618.
220. Total paid byffor borrower:
250,000.00
620. Tatel reduction in amount due seller ,
250,052.00
300. Cash at soillament hmmlto b 0 00wer:
800. Cash at settlement bloom Bolton
301. Gross amount due from Oorrower Olne 1301
1,452,217.00
601. Gross amount due t0 sealer (rte 420)
1.450,000.00
302. Less amount paid tadbr borrower (One 220)
250,000.00
W2. LOW total reduction in amount due foesr(itna 520)
250,052.00
1,199,849.00
303. CASH p0FROM 070 BORROWER
1.202 217.00
603. CASH OFROM 00T0 SELLER
E. MchoIu Kastner
MAY 8 200 . 2:24AM
WA LACK SOMERS HAA
i
700.
'.0'' V• _ VC Ij`,l'T.-1Ir I M.4,4„ ,,14V c�.:11111 L.,
Total sala8uoker commission
--- - - - • -- .
Paid From
Borrowers
Funds at
Settlement
--
Pad From
Seller's
Funds at
Settlement
Division 01 eaftmisslon pine 700) as follows:
701.
S
702.
5
703.'
paid at settlement
704.
rm
800.
Items payable in connection with loan
801.
Loan otlginaeon fee
802.
Loan discount
803.
Appraisal fee
804,
Credit report
805.
Lender's Inspection fee
806.
Mortea0a Insurance application fee
807.
Assumption fee
608.
Tax Service Fee
809.
Flood Certification -
810.
811.
812,
900.
llama requeed • lender to be paid in advance
901.
interest Goo
902.
Mortgage insurance premium for
902.
Hazard Insurance premium for
904.
905.
1000.
fa deposited with lender
1001.
Hazard insurance
1002.
Mortgage Insurance
1003.
C31yproperty taxes
1004.
County Dropotry taxes
..
1005.
Annual assessments (plaint.)
1008.
1007.
1008.
1000.
A$preyate Accounting Adjustment
1100.
Title charges
1101.
Settlement or dceine fee to Hamilton Ties Security, LLC
350,00
1102.
Abstract er tide search
1103.
Title examination
1104.
Title insurance binder
-
1108.
_
Comment preparation
1108.
Notary fees
1107.
Atiomers teas to
includes above gems no,:
1108.
Title insurance t0 Harftilton Title Seeurtty. t .0
1.460.00
includes above dams nor.:
1109.
Lender's coverage
1110.
Ownah coverage 51.450.000.00 450.00
1111.
Courier Fee
1112.
Owner's Coverage on City Centre to Hamilton Title 5 , LLC
395.00
1113.
.w.
1290.
Govammant merging and transfer charges
1201.
Recording fees: teed 532.00 Martino, 320.00 Release 510.00 _
18.00
48.OD
1202.
City/courtly oudatamp
1203.
State lax/Stamps:
1204.
Sales Disclosure Filling Fee (2) to Auditor of Hamillen Counb
5.00
5.00
1208.
Transfer Fees (2) t0 Auditor of Manton Canty
1.00
1.00
1206,
1500.
Additional settlement charges
1301.
Survei
1302.
Pest inspection
1303.
1304
_
1305.
1400.
Total settlement charges (entered on lines 103. section J and 502. section K)
1 , 2,217.00
52.00
CFRTIFICATJON:1 have candy reviewed the H400.1 Selpmrent Statsmerd end to the out of my knowledge end ba9M, P IS 4 Ore end aaaete slaImern of as recasts
sits
see disbursements made on my mound Or by me In Iles transaction. I further certify that leave leech/eel a copy et HUD•1 Settlement Statement
City of Lamed Redevelopment Commission
E. Nidodas Kintner
To Ore tent of my knowledge, the WJD.1 Senfament St:dement *fob I tore prepared is s aw and aeom*0 scesunt efine fun6a whkh were reordved and haw tromp or will be
disbursed by the undersigned es pan sr Ore ssxklnom of eft troroatmwr.
namtion 711e Seeunty, LLC