MICHAEL TAGARELLI CONSTRUCTION INC
I,
I~
91030052
WARHAN'TY DEED r
RAMeo
FORM 3!5Y.
II arl.,tlttl1
I
IDrt~
TO COllPonATIO".1
ffi1111l lJttl\rltturr. /IIadf', this
20th day of
March, ,A. D. 19 91 .
1l1~1'W /-:EN
CITY OF CLEARWATER, FLORIDA
having its principal place of
bll$inf'u in the County of
Pinellas
and State of
Florida
and lawfully autlwrizf.d to transact bll"inf'SS In the State of Florida, party of the first part, and
.MICHAEL TAGARELLI CONSTRUCTION, INC.
a corpora;ima I~xisting undl'r tlae laws of tlac Statc oj
Florida
, having its
pri,acipal 1,lacf' oj busillf'sS in tl.c Cormty oj
Pinellas and Statc oj
Florida
and lal~'1ully allthori:f'fl to tranMct bu...inpss in the Statf! of Florida, party of the second part,
IVI1'NESSf~l'lI: l'hat tlte said party oj tllf! first part, for and in consideration of the Saull of
ten and --------------------------00/100----------------
Dollars
to it in Irallll paid I,.y tllf! saifl party of the second part, the receipt whereof is herf'b)' ack,tow/f~d~ed,
Iras /{rflllt..rl, lJfJrgajtlf'd ami !Jf)ld to the said party of till! second part, its .mccf'SSors and assigns forf'ver,
,h.. ffllloll'j,,/? df'sf'rilu'd land situatf', lying and being in the County of
Pinellas
and State of Florilla, to-wit:
'lhat portion of the former railroad right-of-way lying between Block 4 and Block
8 of WALLACE ADDITION TO CLEARWATER, as recorded in Plat Book 3, Page 6 of the
Public Records of lIillsborough COtmty, Florida, of which Pinellas was once
a pnr t .
BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
From a point on the Easterly.boundary of Section 16, Township 29 South, Range
15 &'1st, said point being 1321.4 feet North of the Southeast corner of said
Section 16, proceed West along the approximate centerline of Druid Road a
d.ist-ance of 995.67 feet to an intersection with the Southerly extension of the
Westerly boundary of said 60 foot right-of-way; thence N. 04 deg. 41' 03" E along
said Westerly right-of-way extension, a distance of 30.07 feet to the POINT
OF BEGINNING. From said POlllt, continue along said right-of-way N. 04 deg. 41'
03" E a distance of 164.56 feet; thence S. 89 deg. 10' 14" E a distance of
60.14 feet; thence S. 04 deg. 41' 03" W, a distance of 164.54 feet; thence N,
89 dep,. 11' 29" W a distance of 60.14 feet to the POINT OF BEGINNING. LESS
the South ten (10) feet thereof.
Parcel number 16/29/15/00000/410/0400
(Parcel C)
n
r'
r ..
"
And tllf' said party ollllf! first part dOf's h"rf!by fully warrant tllf' title to said land, and will df'ff'nd thl.'
"ltn/, ap.aitut tllf' lawflll daims of allllf!r,'f"'s wllfmUfll'.,er. Ihj" 1.':'lt":lll~'ll "'ft~ l'r!pllr~rl h):
SrEW,\HT TilLE m (Lb\H\\'ATEIl
'/'11':\ IIlJIl'lllIIml pl't]Jal't.'d by"
A ddlt'Js
11'1: JUKELL_L..._SI..._.GERMAIN
1.:tJ'1 COUll Slti'r\
(:I~:1nl"h~r. Fl., 346i6
I',U, 1I0x 2756
C1eamRttr, FI. 34(,17
Width I",lrumenl na~ IlItll,utd :1lc/clrnlRI
to wrili:I:' or. TI:le Illsur.nH Policy,
(C
/J~~ O/tJ--oLj
""...... .. I I
.'
,.. ,
.,
IN WITNESS ~~F~ the said party of the first part has caused these presents
to be si~led in its name by its proper officers, the day and year above written.
7~tl ~
wi 9}ess . '
, / / 0 1h12t:ritQ
,tO~JI ~ '
witness ,~
correctness:
., Ci ty At torney
Approved as to for
M.A, GALBRAlJC
STATE OF FLORIDA
(CITY SEAL)
COUNTY OF PINELLAS
I HEREBY cmTIFY, that on this 20th day of March, A.D. 1991, before me personally
appeared
~lichael J. Wright, City Manager; Rita Garvey, Mayor/Commissioner;
M.A. Galbraith, Jr., City Attorney and Cynthia E. Goudeau, City Clerk, to me
known to be the persons who signed the foregoing instrument as such officers and
severally acknowledged the execution thereof to be their free act and deed as snch
officers for the uses and purposes therein mentioned.
wrl'NESS my hand and official,..seal at Clearwater, in the County of Pinellas and
State of Florida the day and year last aforesaid.
7
(seal)
My commission expires:
-,. tlolarv Public, Slale of Florida
My Commission bp:res April 20, 1993
Bonded Thru TIC'! Fain. In5uronce Inc.
:P:
I
I
RONALD (RONI E, SOMERS
President
1290 Court Street
Clearwater, Florida 34616
StllII:tit.v o( C",",ort
S~IIIEWAI~'III ~l"rl"LE
OF CLEARWATER
P,O, Box 2756
Clearwater, Florida 34617
(8131 441-2689
AU'lliORIZATION AND ACKNOWLEI:X;EMENT FORM
Reference:
FILE NO.
LEGAL PORTION OF FORMER RAILROAD R-O-W BETFEEN BLK 4 & BLK 8-
WALLACE ADDITION TO CLEARWATER
SELLER CITY OF CLEARWATER
91030052
BUYER MICHAEL TAGARELLI CONSTRUCTION, INC.
We hereby approve and acknowledge receipt of a copy of the Statement and actual
cost (DISCLOSURE/SETl'LEMENT STATEMENT - ffiJD FORM 1) and authorized disbursement
of funds as shown therein this 20 day of MARCH , 19 91. We further
acknowledge that we understand utility bills are not included in this statement
and that the proration of taxes as shown in the statement of actual cost is
based on the latest information available. If any changes are to be made in this
proration when the tax bill is received, it will be handled between the parties of
this transaction. Stewart Title Company of Clearwater, Inc., will not be held
responsible. It is further understood that Stewart Title Company of Clearwater,
Inc., cannot, at this time, assertain if there will be personal property tax on
subject property or an amount on which to base a proration. Any proration necessary
when tax bills become available will be handled between the parties to this
transaction, outside of Stewart Title Company Company of Clearwater, Inc.
Stewart Title Company of Clearwater, Inc., will be not held responsible.
~
MICHAEL TAGARELLI CONSTRUCTION, INC.
,-
, PRESIDENT
for: CITY
SElLER I S FORWARDING ADDRESS:
_~O( ~{4-i <<
~~'\A1f1<- l=L 3 +~ (g'
J
BUYER I S FORWARDING ADDRESS:
(COO ~H(;~ f),rt-Ucl f2((
HOME PHONE#
WORK PHONE# f(( 3 .- {b 2 ~(7 bD
THIS IS TO FURTIlER AUTHORIZE fi/ j;
CHANGES NECESSARY TO THE CLOSING STATEMENT.
c. ~~ (c. \.u':y:~Q]i ~ . ':)!c( '?Jl{ b , :;-
)
HOME PHONE# 7(.) '7- 1 / L~ Lf
WORK PHONE# q~71 - of;oC{ .
TO APPROVE ANY
INC.
BY:
.'!;,.
· rb BE FILLED IN PERSONALJ
BY SELLER OR BORROWER IN HIS OWN HANDWRITING
INDEMNITY AND AFFIDAVIT AS TO DEBTS, LIENS, AND POSSESSION
USE SEPARATE FORM FOR EACH PARTY
CITY OF CLEARWATER
Seller or Owner-Borrower
PORTION OF FORMER RAILROAD R-O-W BETWEEN BLK 4 & BLK a-WALLACE ADDITION TO CLEARWATER
Contractor (if new construction)
MICHAEL TAGARELLI CONSTRUCTION, INC.
Purchaser
personally known to me to be the person whose name is subscribed hereto, and upon his oath deposes and says:
I, the seller, owner-borrower, and/or contractor, represent to the purchaser and/or lender in this transaction
that to my knowledge there are:
1. No unpaid debts for plumbing fixtures, water heaters, Iloor furnaces, air conditioners, radio or television an-
tennae, carpeting, rugs, lawn sprinkling systems, venetian blinds, window shades, draperies, electric appliances,
fences, street paving, or any personal property or fixtures that are located on the subject property described
' above, and that no such items have been purchased on time payment contracts, and there are no security
interests on such property secured by a financing statement, security agreement or otherwise except the
following: (If none, so state.)
NAME AND ADDRESS OF SECURED PARTY Approximate Amount
.
2. No loans of any kind on said property except the following: (If none, so state,)
NAME AND ADD Rf,.S ~. O~~R~~I~QR _' J' l-
i tv ~fW.l., - 'l(.U..d,~Q(..
I 'I . In I "(' ( _ J p/
01 ~
3. All labor and material used in the construction of improvements or repairs on the above described property
have been paid for and there are now no unpaid labor or material claims against the improvements or the
property upon which same are situated, and I hereby declare that all sums of money due for the erection of
improvements or repairs have been fully paid and satisfied, except: (If none, so state.)
NAME AND ADDRESS OF SUPPLIER OF LABOR, SERVICES OR MA TERIALS Approximate Amount
,.JOf',Jb 4-
Approximate Amount
4. I, the purchaser, represent that I have no knowledge of any debts or liens of any kind other than those listed
above, except: (If none, so state.)
NAME AND ADDRESS OF SECURED PARTY, CREDITOR, SUPPLIER OF
LABOR OR MA TERIALS Approximate Amount
5. I, the owner-borrower, or purchaser, ve not bee given notice of the furnishing or intent to furnish any labor,
services, or materials in connection with any improvements or repairs to said property from any person or firms,
except: (If none, so state,)
SUPPLIER OR LABOR, SERVICES OR MATERIALS . \ /7 ADDRESS
lAP t.1..lL- ~
6. I, the undersigned owner, further certify th~,t the real estate and personal property above described are in the
actual possession of the undersigned and is not in the possession, actual or constructive, of any person, persons,
or organizations holding or claiming same, adversely to the undersigned under contract, lease, or any other color
of title or right of possession,
The improvements or repairs to said property are now completed and have been accepted by purchaser and/or
owner-borrower.
INDEMNITY: I, THE SELLER, OWNER-BORROWER, AND/OR CONTRACTOR, AGREE TO PA Y ON DEMAND
TO THE PURCHASERS AND/OR LENDER IN THIS TRANSACTION, THEIR SUCCESSORS AND ASSIGNS, ALL
AMOUNTS SECURED BY ANY AND ALL LIENS NOT SHOWN ABOVE, TOGETHER WITH ALL COSTS, LOSS
AND A ITORNErS FEES THAT SAID PARTIES MAY INCUR IN CONNECTION WITH SUCH UNMENTIQNED
LIENS, PROVIDED SAID LIENS EITHER CURRENTLY APPLY TO SUBJECT PROPERTY, OR A PART THERE-
OF, OR ARE SUBSEQUENTLY ESTABLISHED AGAINST SAID PROPERTY AND ARE CREATED BY ME,
KNOWN TO ME OR HAVE AN INCEPTION DATE PRIOR TO THE CONSUMMATION OF THIS TRANSACTION.
SWORN TO AND SUBSCRIBED BEFORE ME THIS
'-1?d i./ /& .
/ If .. .> / l 'X-. ~/' .'~2170 t.~~
N~tary Public iii and for PINELLAS County,
20
day of
MARCH
91
,)9_,
(}"iG;)
My Commission Expires: 1 4 ,I '-"
FLORIDA
Rev, 1/88
NOTE: Tltil form i. to ... si,necI by Miler in .... 01 ..Ie. If no ..Ie, it ilto'" .iped by the oWMr.borro....r, If tllere ilo.y ne.. cOOltruction, the contractor mUll alto join in this form
or Ii.,. . Rp.r..e one,
110
.. ......--or."
,,!'>
I
I
MIS (REG)
A. U,S, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT B, TYPE OF LOAN:
1, o FHA 2. o FMHA 3, o CONV, UNINS,
4, OVA 5, o CONV, INS,
6, FILE NUMBER /7, LOAN NUMBER
91020019
8, MORTG, INS. CASE NO,
SETTLEMENT STATEMENT
C, NOTE: This form is furnished (0 give you a statement of actual settlement costs, Amounts paid to and by the settlement agent are shown Items marked
"(p,o,c,)" were paid outside the closing: they are shown here for informational purposes and are not included in the tOlals,
0, NAME AND ADDRESS OF BORROWER E. NAME AND ADDRESS OF SELLE~ F, NAME AND ADDRESS OF LENDER
DIMMITT CAR LEASING, INC. CITY OF CLEARWATER
CASH TRANSACTION
G, PROPERTY LOCATION H, SETTlEMENT AGENT I. SETTLEMENT DATE:
PORTION OF FORMER RAILROAD STEWART TITLE COMPANY
R-O-W BETWEEN BLKS 3 & 4 OF OF CLEARWATER, INC. MARCH 20, 1991
WALLACE ADDITION TO CLEARWATER PLACE OF SETTLEMENT
79th DAY OF YEAR
1290 COURT STREET, CLEARWATER, FL 34616
J. SUMMARY OF BORROWER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION
100, GROSS AMOUNT DUE FROM BORROWER: 400. GROSS AMOUNT DUE TO SELLER:
f 101 Contracl sales price 167,927 87 401. Contract sales price 1{"7 0')7 Q7
102, Personal properly 402 Personal properly ,
103, Sel1lement charges to borrow (/ine 14()(J) -0- 403
! 104, 404.
105, "
405.
Adjustments for items paid by seller in advance: Adjustments for items paid by seller in advance:
106. Cily/lown laxes 10 406, City /Iown laxes 10
107, County laxes 10 407. County laxes 10
108, Assessments 10 408. Assessmenls 10
109, 409
110, 410.
1", 41"
112, 412
120, GROSS AMOUNT DUE FROM BORROWER: 167 927 87 420. GROSS AMOUNT DUE TO SELLER: 167,927.87
200, AMOUNTS PAID BY OR IN BEHALF OF BORROWER: 500, REDUCTIONS IN AMOUNT DUE TO SELLER:
201. Deposit or earnest money -0- 501. Excess deposil (see inSlruCllons)
202, Principal amounl of new loan(s) 502. Selllemenl charges 10 seller (Ime 14001 32 936.74
203 Existing loan(s) laken subjecllo 503 Exishng loan(s) taken subjecllo
204. 504, Payoll ollirsl mOrlgage loan
205, 505. Payoff ot second morlgage loan
206, CREDIT ON EXCHANGE 167,927.87 506, IlIMM r.AR T 1i'^C:TJ.Tf"/1i'Vf"U.n~" 1()7 qn R7
207, 507.
208. 508,
209, 509,
Adjustments for items unpaid bv seller: Adjustments for items unpaid by seller:
210, City/lown taxes 10 510, Cityllown laxes to
21" County taxes 10 511. Counly laxes 1/1/91 to 3/20/Ql 1\T () J.T1i'
212, Assessments 10 512. Assessmenls to
213, 513.
214, 514,
215, 515,
216, 516,
217, 517,
218. 518.
219, 519.
220, TOTAL PAID BY/FOR BORROWER: 167,927.87 520, TOTAL REDUCTION AMOUNT DUE SELLER: 200,864.61
300, CASH AT SETTLMENT FROM/TO BORROWER: 600, CASH AT SETTLEMENT TO/FROM SELLER:
301, Gross amount due from borrower (line 120) 167,927.87 601 Gross amount due to seller (line 420) 167,927.87
302, Less amounts paid by /for borrower (line 220) 167,927.87 602, Less total reductions in amount due seller (line 520) 200,864.61
103, CASH (0 FROMI (0 TOI BORROWER: -0- 603, CASH IKXHlI (IE FROMI SELLER: 32,936.74
OMB No 2502-026
DRIVER'S LICENSE & SOCIAL SECURITY NUMBERS REQUIRED!! r
CASHIERS CHECK TO STEWART TITLE COMPAN~UD 1
RESP-;, HB 4305.2
...'
.. -
M linor
L.
snJEMENT CHARGES
.
-r
PAID FROM
BORROWER'S
FUNDS
AT SETTLEMENT
PAGE 2 OF OMB No, 2502-02
PAID FROM
SELLER'S
FUNDS
A T SETTLEMENT
700, TOTAL SALES/BROKER'S COMMISSION Based on price S
Oivision of commission (line 100) as follows:
@
%=
701.$
702,$
to
to
703. Commission paid at settlement
704,
Boo,lTEMS PAYABLE IN CONNECTION WITH LOAN.
801, Loan Origination fee
802, Loan Discount
803, Appraisal Fee
804, Credit Re~ort
805, Lender's inspection fee
806, Mortgage Insurance application lee
807, Assumption Fee
808,
809,
810,
811.
%
%
to
to
to
900 ITEMS REQUIRED BY LENDER TO BE PAlO IN ADVANCE,
901, Interest trom
to
@$
Iday
902, Mortgage insurance premium for mo, to
903, Hazard insurance premium for yrs, to
904, yrs, to
905,
1000, RESERVES DEPOSITED WITH LENDER
1001. Hazard insurance
1002, Mortgage insurance
1003. City property taxes
1004, County properly taxes
1005, Annual assessments (Main!.)
1006,
1007.
1008,
mo, @$ per mo,
mo, @$ per mo,
mO,@$ per mo,
mO,@$ per mo,
mO,@$ per mo,
mO,@$ per mo,
mo, @$ per,mo, -
mO,@$ per mo,
',,;, ,',
I~
'""
-
1100, TITlE CHARGES:
Il, iI,~ ;:;j;,~J
':[0h
-,:-':' ',,/:
'"7 7,'7':"
,., ...' , . .,"
PT'.".9.I
I;,,: .. '7 ... --:::-";""
1101. Settlement or closing fee
1102, Abstract or tille search
1103, Tille examination
t 104, Tille insurance binder
1105, Document preparation
1106, Notary fees
1107, Attorney's fees to
(includes above items No.:
1108, Titte insurance ( 1101)
(includes abo ve items No,:
1109, Lender's coverage
1110, Owner's coverage
1111.
1112,
1113.
to
to
to
to
to
to
to
100.00
STC
$
$ 167.927.87
~ ':c c"cc
INCO_
"..'.. -CC .,..,.,. ....--. .;1~
1 065.00
:' I: " 'ki' ;;: ,,- ,:e
,;j;;;,;,...::j:;..~
,,~, ~
to STEWART TITLE COMPANY OF CLEARWATER.
1200 GOVERNMENT RECORDING AND TRANSFER CHARGES
1201, Recording fees: Deed $ 15 . 00 Mortgage $ Releases $
1202, Citylcounty tax/stamps: Deed $ Mortgage $
1203. State tax/stamps: Deed $ 924.00 Mortgage $
1204, EASEMENTS OVER E 6' OF PARCEL 2
1205, 2 EASEMENTS @ 2 PAGES EACH & DOC. STAMPS (11.05 each)
1 EASEMENT @ 3 PAGES & DOC. STAMPS (15.55)-
1300 ADDITIONAL SETTLEMENT CHARGES
15.00
924 . 00
1301, Survey
1302, Pest inspection
1303.
1304.
1305,
1400 TOTAL SETTlEMENT CHARGES (entered on lines 103, Section J and 502~ Section K) /7. -0- 32 .936. 74
RTIFICA TlON: I have carefully reviewed the HUD-t Settlement Statement and to the best of m!)knO~Wledgeand 1'''ef, itlS~ accurat~. statement all r iPts...a~s~~ my accoun~ ~Ofj yy:;m:e' thi tralnsaction,lfurthercertify
III have receive~~oJl.x.~t"H.!m-l Sellle,mj!nt ~ta~~ent. - -., ...., " / 'I " J!
1l1.J.'11Yll.U'T CAR f"1of(/\SING ".NC. , j .,.~ 7 I- U.
~ . ~\\"...... ~ '~,,-,~...r lnlT f-.J'\. for: CITY OF CLEARWA'llER T 7
orrowers 'f ~ Sellers L-..
22.10
15.55
to
to
POC
BOOT FOR EXCHANGE
30.795.09
ared a e and accurate account of the lunds which were received and have been or wili be disbursed by the undersigned as part of the settlement of this Iransaclion,
MARCH 20. 1991
~~. ~
LLER'S AND/OR PURCHASER'S STATEMENT Seller's and Purchaser's signature hereon acknowledges hisltheir approval ollax prorations and signifies their understanding that prorations were based on taxes forthe preceding year, or estimates
Ihe current year, and in the event of any change for the current year, all necessary adjustments must be made between Seller and Purchaser: likewise any delaull in delinquent taxes will be reimbursed 10 Title Company by the Seller,
Itie Company, in its capacity as Escrow Agent, is and has been authorized te deposit all lunds it receives in this transaction in any financial Inslitution, whether affiliated or not. Such financial institution may provide Tille Company computer
ounting and audit services directly or Ihrough a separate entity which, if affiliated with Tille Company, may charge the financial institution reasonable and proper compensation therefore and relain any profits therefrom, Any escrow fees paid by any
ty involved in this transaction shall only be for checkwriting and inpulto the computers, but nol for aforesaid accountinq and audit services, Title Company shall not be liable for any interest or other charges on the earnest money and shall be under no
V to invest or reinvest funds held by it at any time, Sellers and Purchasers hereby acknowledge and consent to the depos,t of the escrow money in financial Institutions with which Ti ompany has or m y have other banking relationships and further
sent to the retention by Title Company and lor its affiliates of any and all benefits (including advantageous interest rates on loans) Tille Company and lor its affiliates may receiv ro such financial in tutions by reason of Iheir maintenance of said
row accounts, ,
he parties have ead the a oV'jj"f~t rrflnle~~ th r nd recognize Title Company Is relying on the sa
:hasers/Borrow Sellers
f()r' r.rrv OF CL-
er similar form. Penalties. upon conviction can include a fine and imprisonment. For details see: HIe 18: U.S. Code Section 1001 and Section 1010
INING: II is a crim
'~."......'
..-~
".~f"
-
I
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--..... ..........
--. -~
U,ll, DEPARTMENT OF HOUBINB AND URBAN DEVELOPMENT
I
OMB No, 2502-0265
B, TYPE OF LOAN:
1. 0 FHA 2, 0 FMHA 3, 0 CONV, UNINS,
4. 0 VA 5, 0 CONV, INS,
6, FILE NUMBER 7, LOAN NUMBER
91030052
8, MORTG, INS, CASE NO,
SETTLEMENT STATEMENT
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
"(p,O,c,)" were paid outside the closing: they are shown here for informational purposes and are not included in the totals,
0, NAME AND ADDRESS OF BORROWER E, NAME AND ADDRESS OF SELLU F, NAME AND ADDRESS OF LENDER
MICHAEL TAGARELLI
CONSTRUCTION, INC.
CITY OF CLEARWATER
CASH TRANSACTION
G, PROPERTY LOCATION
PORTION OF FORMER RAILROAD
R-O-W BETWEEN BLK 4 &
BLK 8-WALLACE ADDITION TO
CLEARWATER
H, SETTLEMENT AGENT
I. SETTLEMENT DATE:
MARCH 20, 1991
STEWART TITLE COMPANY OF CLEARWATER, INC.
PLACE OF SETTLEMENT
79th DAY OF YEAR
J. SUMMARY OF BORROWER'S TRANSACTION
1290 COURT STREET, CLEARWATER, FL 34616
K. SUMMARY OF SELLER'S TRANSACTION
100. GROSS AMOUNT DUE FROM BORROWER:
101 Contracl sales price
102. Personal property
103, Settlement charges to borrow (line '400)
Adjustments for items paid by seller in advance:
to
to
to
120, GROSS AMOUNT DUE FROM BORROWER:
200, AMOUNTS PAID BY OR IN BEHALF OF BORROWER:
201, Deposit or earnest money
202, Principal amount of new loanls)
203, Existing loanls) taken subject to
-0-
208,
209,
Adjustments for items unpaid b seller:
210, City /town taxes to
to
to
220. TOTAL PAID BY/FOR BORROWER:
-0-
300, CASH AT SETTLMENT FROM/TO BORROWER:
301, Gross amount due from borrower (line 720)
302, Less amounts paid by /for borrower (line 220)
-0-
303, CASH 10l FROM) (rnXIII BORROWER: 55 , 8 37.. 4 6
CASHIERS CHECK TO STEWART TITLE COMPANY
400 GROSS AMOUNT DUE TO SELLER:
401. Contract sales price
402 Personal properly
403
404
405
Adjustments for items paid by seller in advance:
406. City /town taxes
407, County laxes
408. Assessments
to
10
to
409
00
99.00
420, GROSS AMOUNT DUE TO SELLER:
55,826.96
500, REDUCTIONS IN AMOUNT DUE TO SELLER:
501 Excess deposit (see instructions)
502 Settlemenl charges to seller (lme 1400)
503 Existing loanls) taken subject to
504. Payoll of first mortgage loan
505 Payoll 01 second mortgage loan
506
507 DIMMITT CAR LEASING/EXCHANGE
508,
509,
Adjustments for items unpaid by seller:
54 991.61
510. City/town taxes
511 County taxes 1/1/91
512, Assessments
513,
514,
515,
516
517.
518,
519,
to
to 3/20/91
NONE
to
520 TOTAL REDUCTION AMOUNT DUE SELLER:
55 869.96
600, CASH AT SETTLEMENT TO/FROM SELLER:
601 Gross amount due to seller (line 420)
55,826.96
:.. }
602, less total reductions In amount due seller (line 520)
55 869.96
603, CASH H~ICMROM) SEllER:
43.00
DRIVER'S LICENSE & SOCIAL SECURITY NUMBERS REQUIRED!!
HUD-1
RESPA, HB 430!
~~
~..'"
L
.
SET'~EMENT CHARGES
I
,
PAlO FROM
BORROWER'S
FUNDS
AT SETTLEMENT
PAGE 2 OF OMB No, 2502-0:
PAlO FROM
SELLER'S
FUNDS
AT SETTLEMENT
.;..""-...','
700, TOTAL SALES/BII8KER'S COMMISSION Based on price S
Division 01 commission (/ine 700) as follows:
@
'fa=
701.$
702.$
to
to
703, Commission paid at settlement
704,
8oo.ITEMS PAYABLE IN CONNECTION WITH LOAN,
801. Loan Origination lee
802,. Loan Discount
803, Appraisal Fee
804, Credit Re~ort
805, Lender's inspection fee
806, Mortgage Insurance application fee
807, Assumption Fee
808,
809,
810,
8",
%
0/.
to
to
to
9OO,ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE,
901, Interest from
to
@$
/day
902, Mortgage insurance premium for mo, to
903, Hazard insurance premium for yrs. to
904, yrs, to
90S,
1000, RESERVES DEPOSITED WITH LENDER
1101, Settlement or closing lee
1102, Abstract or title search
1103, Title examination
1104, Title insurance binder
1105, Document preparation
1106, Notary fees
1107, Attorney's lees to
(inc/udes above items No.:
to
to
to
to
to
to
to
mO,@$ per mo, .-
mO,@$ per mo,
mO,@$ per mo,
mO,@$ per mo,
mO,@$ per mo, I" ...-iii,.' ,"
mo, @$ per mo,
mo, @$ per.mo, . I;; i .
mO,@$ per mo. I" ..."
I,
100 00
1001. Hazard insurance
1002, Mortgage insurance
1003, City property taxes
1004, County property taxes
1005, Annual assessments (Maint.)
1006,
1007.
1008,
1100, TITlE CHARGES:
STC
-'..i. ,.,;i:'c. ,'.
.'.i""" <
..i. .,.....".i,;,~~,:,:i
[,72,00
~
1108. Title insurance
(1101)
to STEWART TITLE COMPANY OF CLEARWATER INC
(includes above items No,:
1109, Lender's coverage
1110, Owner's coverage
11",
1112,
1113,
$
$ 55.627.96
-~'"
1200.GOVERNMENT RECORDING AND TRANSFER CHARGES
10.50
1201, Recording lees: Deed $
1202, City/county tax/stamps:
1203. State tax/stamps: Deed $
Mortgage $
Releases $
10.50
Deed $
306.35
Mortgage $
Mortgage $
306.35
1204,
1205.
1300.ADDlTIONAL SETTLEMENT CHARGES
1301, Survey
1302, Pest inspection
1303,
1304,
1305.
1400 TOTAL SETTlEMENT CHARGES (entered on lines 103, Section J and 502, Sect/on K) ^ 10 50 A 7A ':\ C;
CERTlFICA TION: I have car~1Jlli:p~vlewed the HUD-l Settlement Statement and to ~e best 01 my knowledge and beliel, it is a true and accurate statement of all receil!s anrjJl;sburfi~s madhnm>> ~ount or by mY!' 'f)8 trans~tij)n,1 furthercertily
thatfhar{f~n~~O ty\;/ltt~L~ teC'l')~TRUCTr.cm. INC. A /j k ~ b~ (fir-, ~
/ J II" ';1.'- "--j/'//J}}17 /J7A. .c:__. roT"''' "l;' f'T"'/' _n..f I I
Borrowers 'b~t/ 1'I1CT-T ,1<'1 If'.AIDE:Gl,T, 1>R.JjlSIDENT Sellers --c..J
s a true and accurate account of the lunds which were received and have been or will be disbursed by the undersigned as part of the setllement 01 this transaclion,
to
POC
to
MARCH 20, 199]
Settlement AjJent .. Date
SELLER'S AND/OR PURCHASE'S STATEMENT Seller's and Purchaser's signature hereon acknowledges hisltheir approval of tax prorations and signifies their understanding that prorations were based on taxes lor the preceding year, or estimates
tor the current year, and in the event 01 any change lor the current year, all necessary adjustments must be made between Seller and Purchaser: likewise any delault in delinquent taxes will be reimbursed to Title Company by' the Seller.
Title Company, in its capacity as Escrow Agent, is and has been authorized to deposit all funds it receives in Ihis transaction in any financial instilution, whether affiliated or not. Such financial institution may proVide Tit e Company computer
accounting and audit services directly or through a separate entity which, if affiliated with Title Company, may charge the financial Institution reasonable and proper compensation therefore and retain any profits the reI rom, Any escrow lees paid by any
party involved in this transaction shall only be for checkwriting and input to the computers, but not lor aloresa,d accounting and audit services, Title Company shall not be liable lor any Interes r other charges on the earnest money and shall be under no
duty to invest or reinvest funds held by il at any lime, Sellers and Purchasers hereby acknowledge and consent 10 the depas,t of the escrow money in financial institutions with which Title Co y has or may h ve other banking relationships and further
consent to the retention by Title Company and/or its affiliates 01 any and all benelits (Including advantageous interest rates on loans) Title Company and lor its affiliates may receive Irom c financial institu ns by reason 011 eir maintenance 01 said
escrow accounts. -.... "\ &
The parties have rea'}l{t~ 'fIjNgree ~N'ee' and recognize Title Company is relying on the same. . ,
Purchasers/Borrowers , . Sellers .
~ for:
d State n this or any other similar lorm. Penalties upon conviction can include a fine and imprisonment. For details see: Title 18: I1.S. Code Seclion 1001 an
PRFC:TTlli'lIT'l'