STATUTORY WARRANTY DEED - COMMITMENT TO INSURE - SETTLEMENT STATEMENT
Prepared by and Return to:
E.D. Armstrong, III, Esquire
Johnson, Pope, Bokor, Ruppel & Burns, LLP
P.O. Box 1368
Clearwater, Florida 33757-1368
Telephone: 727-461-1818
STATUTORY WARRANTY DEED
THIS INDENTURE, is made on August /4tl1, 2007, between TRIANGLE S.A.
LAND, LLC n/kla TRIANGLE OLD BAY HOLDINGS, LLC, a Florida limited liability
company ("Grantor"), whose post office address is 305 N. Fort Harrison Avenue,
Clearwater, FL 33755, and THE CITY OF CLEARWATER, FLORIDA, a municipal
corporation ("Grantee"), whose post office address is P. O. Box 4748, Clearwater, FL
33758.
W 1 I N E SSE T H:
Grantor, for and in consideration of Ten Dollars ($10.00) and other good and
valuable consideration to Grantor in hand paid by Grantee, the receipt and sufficiency
of which are hereby acknowledged, has granted, bargained and sold to Grantee, and
Grantee's heirs, successors and assigns forever, the following described land, situated
in Pinellas County, Florida:
See Exhibit "A" attached hereto and incorporated herein.
SUBJECT to applicable land use and zoning restrictions and
to easements, reservations and restrictions of record, if any,
which are specifically not reimposed or extended hereby,
and to taxes for the year 2007 and subsequent years.
Grantor does hereby fully warrant the title to said land and will defend the same
against the lawful claims of all persons whomsoever.
,
The tax parcel number for the aforedescribed property is 09-29-15-00000-430-1190
IN WITNESS WHEREOF, Grantor has hereunto set Grantor's hand and seal the
day and year first above written.
Signed, sealed and delivered
in the presence of:
TRIANGLE S.A. LAND, LLC, n/kla
TRIANGLE OLD BAY HOLDINGS,
LLC, a Florida limited liability company
~ rA~!JJ('
/ Signature
By: Triangle Property Holdings, LLC,
a Florida Ii . d liability compa ,as it's
Managin mber
&i'nt{ L. CtiJllO f)&Y f .
Print name '
~
Signature
f')C((..VII A \So...r htr
Print name
STATE OF FLORIDA
COUNTY OF PINELLAS )
The foregoing instrument was acknowledged before me this J LjTiJay of August, 2007,
by Benjamin Kugler, as Manager of Triangle Property Holdings, LLC, a Florida limited liability
company as the Managing Member of TRIANGLE OLD BAY HOLDINGS, LLC, a Florida limited
liability company, ~m beh~lf of the company. He [She] [is personally known to me] [has
produced FI- ,WI VfkS Iltet'l.!& ,,8 id~nti~tiOn]. .
);t(;{ ~?R-
~ Notary Public - . () '" J .
Print name G1 flit L. L.:.bVVl 0 P/w,
My commission expires: '
",'''IJ~t'ir, Gina L. Canopari
,:o~1~
€:t 1*= Commission # 00492001
~\.'h" ril1f Expires January 26, 2010
~lfl~~'~llondedTIOyF"'" _.toe 100-385-7018
#412348 v1 -
2
II
Exhibit "A"
Legal Description
A portion of Lots 1,2,3,4,5,6 and 7 of A.B. & JENNIE CATES SUBDIVISION, as recorded
in Plat Book 1, Page 64, of the Public Records of Pinellas County, Florida and the vacated
alleys per O.R. Book 7270, Page 1731, Public Records of Pinellas County, Florida and a
portion of the drainage and utility easement recorded in O.R. Book 7519, Page 329, Publi~
Records of Pine lias County, Florida and a Portion ofthe Ingress-Egress Easement recorded in
O.R. Book 7540, Page 275, Public Records of Pinellas County Florida, and a portion of
government Lot 4 in Section 9, Township 29 South, Range 15 East and a portion of Lots A and
B of BERGENS REPLAT, as recorded in Plat Book 26, Page 41 of the Public Records of
Pinellas County, Florida and a portion of a vacated alley per O.R. Book 7546, Page 607, of the
Public Records of Pinellas County, Florida, and a portion of Lot 3, Block 2 of JONES
SUBDIVISION OF NICHOLSON'S ADDITION TO CLEARWATER HARBOR, as recorded
in Plat Book 1, Page 13, of the Public Records of Hillsborough County of which Pinellas
County was formerly a part, all being more particularly described as follows:
Commence at the Northeast corner of said Lot 1 of JENNIE CATES SUBDIVISION, also
being the intersection of the Southerly right-of-way line of Georgia Street and the Westerly
right-of-way line of North Fort Harrison Avenue; thence along the Southerly right-of-way line
of Georgia Street S. 88040' 45" W., 100.02 feet to the Point of Beginning; thence S. 00016' 19"
E., 528.34 feet, along a line 100.00 feet West of and parallel with the Westerly right-of-way line
of North Fort Harrison Avenue; Thence along the Northerly Right-of-Way line of Jones Street,
S. 89059' 22"W., 50.00 feet; thence N. 00016' 19" W., 527.20 feet; thence along said Southerly
right-of-way line of Georgia Street, N. 880 40' 45" E., 50.01 feet to the Point of Beginning.
Parcel ID No. 09-29-15-00000-430-1100
"
~.:
Commitment To Insure
ALTA Commitment - 1970 Rev.
CA
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, a Minnesota corporation, herein called the
Company, for a valuable consideration, hereby commits to issue its policy or policies of title insurance,
as identified in Schedule A. in favor of the proposed insured named in Schedule A. as owner or
mortgagee of the estate or interest covered hereby in the land described or referred to in Schedule A:
upon payment of the premiums and charges therefor; all subject to the provisions of Schedule A and B
and to the Conditions and Stipulations hereof.
This Commitment shall be effective only when the identity of the proposed Insured and the amount of
the policy or policies committed for have been inserted in Schedule A hereof by the Company, either at
the time of the issuance of this Commitment or by subsequent endorsement.
This Commitment is preliminary to the issuance of such policy or policies of title insurance and all
liability and obligations hereunder shall cease and terminate six months after the effective date hereof or when the policy or policies committed for
shall issue, whichever first occurs, provided that the failure to issue such policy or policies is not the fault of the Company.
11- * *
* ..
.. eft :
,.. ..
* . ..
IN WITNESS WHEREOF, Old Republic National Title Insurance Company has caused this Commitment
to be signed and sealed as of the effective date of Commitment shown in Schedule A. the Commitment to become valid when countersigned by an
authorized signatory.
CONDITIONS AND STIPULATIONS
1. The term "mortgage", when used herein, shall include deed of trust, trust deed, or other security instrument.
2. If the proposed Insured has or acquires actual knowledge of any defect, lien, encumbrance, adverse
claim or other matter affecting the estate or interest or mortgage thereon covered by this Commitment other than those shown in Schedule B hereof,
and shall fail to disclose such knowledge to the Company in writing, the Company shall be relieved from liability for any loss or damage resulting
from any act of reliance hereon to the extent the Company is prejudiced by failure to so disclose such knowledge. If the proposed Insured shall
disclose such knowledge to the Company, or if the Company otherwise acquires actual knowledge of any such defect. lien, encumbrance, adverse
claim or other matter, the Company at its option may amend Schedule B of this Commitment accordingly, but such amendment shall not relieve the
Company from liability previously incurred pursuant to paragraph 3 of these Conditions and Stipulations.
3. Liability of the Company under this Commitment shall be only to the named proposed Insured and
such parties included under the definition of Insured in the form of policy or policies committed for and only for actual loss incurred in reliance hereon
in undertaking in good faith (a) to comply with the requirements hereof or (b) to eliminate exceptions shown in Schedule 8, or (c) to acquire or create
the estate or interest or mortgage thereon covered by this Commitment. In no event shall such liability exceed the amount stated in Schedule A for
the policy or policies committed for and such liability is subject to the insuring provisions and the Conditions and Stipulations and the Exclusions from
Coverage of the form of policy or policies committed for in favor of the proposed Insured which are hereby incorporated by reference and made a part
of this Commitment except as expressly modified herein.
4. Any action or actions or rights of action that the proposed Insured may have or may bring against the
Company arising out of the status of the title to the estate or interest or the status of the mortgage thereon covered by this Commitment must be
based on and are subject to the provisions of this Commitment.
NOTE: The policy committed for may be examined by inquiry at the office which issued the
commitment. and a specimen copy of the policy form (or forms) referred to in this commitment will be furnished promptly upon request.
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
A Stock Company
400 Second Avenue South, Minneapolis, Minnesota 55401
(612)371-1111
President
Oelivered with and printed on this Commitment Jacket is the
Closing Protection Letter promulgated under Rule 4-186.010, F.A.C.
,13:g
AUiiiOrized Signatory
~
By
Attest
b~ u)~
Secretary
ORT Form 3229 CA
Closing Protection Letter
The operation and scope of the following Closing Protection Letter ("Letter") is limited to the transaction which is the subject of the
commitment to which this Letter is attached and is also directed to those person(s) and/or entity (ies) set forth in the Letter and identified as a
proposed insured in the commitment.
RE: Issuing Agent: Agent countersigning the attached commitment.
1. Failure of said Issuing Agent to comply with your written closing instructions to the extent that they relate to (a) the status of the
title to said interest in land or the validity, enforceability and priority of the lien of said mortgage on said interest in land, including
the obtaining of documents and the disbursement of funds necessary to establish such status of title or lien, or (b) the obtaining of
any other document, specifically required by you, but not to the extent that said instructions require a determination of the validity,
enforceability or effectiveness of such other document, or (c) the collection and payment of funds due you,
or
2. Fraud or dishonesty of said Issuing Agent in handling your funds or documents in connection with such closing.
If you are a lender protected under the foregoing paragraph, your borrower in connection with a loan secured by a mortgage on a one-to-four
family dwelling shall be protected as if this letter were addressed to your borrower.
Conditions and Exclusions
A. Old Republic National Title Insurance Company will not be liable to you for loss arising out of:
1. Failure of said Issuing Agent to comply with your closing instructions which require title insurance protection inconsistent with that
set forth in the title insurance binder or commitment issued by Old Republic National Title Insurance Company. Instructions which
require the removal of specific exceptions to title or compliance with the requirements contained in said binder or commitment shall
not be deemed to be inconsistent.
2. Loss or impairment of your funds in the course of collection or while on deposit with a bank due to bank failure, insolvency or
suspension, except such as shall result from failure of said Issuing Agent to comply to your written closing instructions to deposit
the funds in a bank which you designated by name.
3. Mechanics' and materialmen's liens in connection with your purchase or lease or construction loan transactions, except to the extent
that protection against such liens is afforded by a title insurance binder, commitment or policy of Old Republic National Title
Insurance Company.
4. The periodic disbursement of construction loan proceeds or funds furnished by the owner to pay for construction costs during the
construction of improvements on the land to be insured, unless an officer of the company has specifically accepted the responsibility
to you for such disbursement program in writing.
B. When Old Republic National Title Insurance Company shall have reimbursed you pursuant to this letter, it shall be subrogated to all rights
and remedies which you would have had against any person or property had you not been so reimbursed. Liability of Old Republic
National Title Insurance Company for such reimbursement shall be reduced to the extent that you have knowingly and voluntarily
impaired the value of such right of subrogation.
C. Any liability of Old Republic National Title Insurance Company for loss incurred by you in connection with closings of real estate
transactions by said Issuing Agent shall be limited to the protection provided by this letter. However, this letter shall not affect the
protection afforded by a title insurance binder, commitment or policy of Old Republic National Title Insurance Company. The dollar
amount of liability hereby incurred shall not be greater than the amount of the title insurance binder, commitment or policy of title
insurance to be issued, and liability hereunder as to any particular loan transaction shall be coextensive with liability under the policy
issued to you in connection with such transaction. Payment in accordance with the terms of this letter shall reduce by the same amount
the liability under such policy and payment under such policy shall reduce by the same amount the company's liability under the terms of
this letter.
D. Claims of loss shall be made promptly to Old Republic National Title Insurance Company at its principal office at 400 Second Avenue
South, Minneapolis, Minnesota 55401-2499. When the failure to give prompt notice shall prejudice Old Republic National Title Insurance
Company then liability of Old Republic National Title Insurance Company, hereunder shall be reduced to the extent of such prejudice, Old
Republic National Title Insurance Company shall not be liable hereunder unless notice of loss in writing is received by Old Republic
National Title Insurance Company within ninety (90) days from the date of discovery of such loss.
E. Nothing contained herein shall be construed as authorizing compliance by any issuing agent with any such closing instructions,
compliance with which would constitute a violation of any applicable law, rule or regulation relating to the activity of title insurers, their
issuing agents, and their failure to comply with any such closing instructions shall not create any liability under the terms of this letter.
F. The protection herein offered will be effective until cancelled by written notice from Old Republic National Title Insurance Company. Any
previous Insured Closing Service Letter or similar agreement is hereby cancelled, except as to closings of your real estate transactions
regarding which you have previously sent (or within 3D days h~reafter send) written closing instructions to said Issuing Agent.
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
Agent File Number: 07-3086S
Commitment Number: CA07-3086S
SCHEDULE A
1. Commitment Date: August 7, 2007
2. Effective Date: July 5, 2007 at 6:00 AM
3. Policy or Policies to be issued:
Amount:
a) ALTA Owners Policy Standard Form B 1992
(amended 10/17/92 with Florida Modifications)
Proposed Insured:
CITY OF CLEARWATER
$400,000.00
4. The estate or interest in the land described or referred to in this Commitment and covered
herein is a FEE SIMPLE.
5. Title to the Fee Simple estate or interest in said land is at the effective date hereof vested in:
TRIANGLE S.A. LAND, LLC n/kla TRIANGLE OLD BAY HOLDINGS, LLC.
6. The land referred to in this Commitment is situated in the County of Pinellas, State of Florida
and is described as follows:
A portion of Lots 1, 2, 3, 4, 5, 6 and 7 of A.B. & JENNIE CATES SUBDIVISION, as
recorded in Plat Book 1, Page 64, of the Public Records of Pinellas County, Florida and the
vacated alleys per O.R. Book 7270, Page 1731, Public Records of Pinellas County, Florida
and a portion of the drainage and utility easement recorded in O.R. Book 7519, Page 329,
Public Records of Pinellas County, Florida and a Portion of the Ingress-Egress Easement
recorded in O.R. Book 7540, Page 275, Public Records of Pinellas County Florida, and a
portion of government Lot 4 in Section 9, Township 29 South, Range 15 East and a portion
of Lots A and B of BERGENS REPLAT, as recorded in Plat Book 26, Page 41 of the Public
Records of Pinellas County, Florida and a portion of a vacated alley per O.R. Book 7546,
Page 607, of the Public Records of Pinellas County, Florida, and a portion of Lot 3, Block 2
of JONES SUBDIVISION OF NICHOLSON'S ADDITION TO CLEARWATER
HARBOR, as recorded in Plat Book 1, Page 13, of the Public Records of Hillsborough
County of which Pinellas County was formerly a part, all being more particularly
described as follows:
Commence at the Northeast corner of said Lot 1 of JENNIE CATES SUBDIVISION, also
being the intersection of the Southerly right-of-way line of Georgia Street and the Westerly
right-of-way line of North Fort Harrison Avenue; thence along the Southerly right-of-way
line of Georgia Street S. 880 40' 45" W., 100.02 feet to the Point of Beginning; thence S. 000
16' 19" E., 528.34 feet, along a line 100.00 feet West of and parallel with the Westerly right-
of-way line of North Fort Harrison Avenue; Thence along the Northerly Right-of-Way line
of Jones Street, S. 890 59' 22"W., 50.00 feet; thence N. 000 16' 19" W., 527.20 feet; thence
along said Southerly right-of-way line of Georgia Street, N. 880 40' 45" E., 50.01 feet to the
Point of Beginning.
This Commitment valid only if Schedule B is attached.
Agent File Number: 07-3086S
Commitment Number: CA07-3086S
SCHEDULE B - SECTION I
The following are the requirements to be complied with:
1. Payment of the full consideration to, or for the account of, the grantors or mortgagors.
2. Instrument(s) necessary to create the estate or interest to be insured must be properly
executed, delivered and duly filed for record:
a) Warranty Deed from TRIANGLE S.A. LAND, LLC., a limited liability company, n/kla
TRIANGLE OLD BAY HOLDINGS, LLC, a limited liability company, to CITY OF
CLEARWATER, conveying the land described in Schedule A. (NOTE: The Deed must
be executed by an authorized officer of the corporation.)
3. Other instruments which must be properly executed, delivered and duly filed for record,
and/or other matters which must be furnished to the company:
4. Partial Release Mortgage from GEORGIA STREET PROPERTIES, LLC., a Florida liability
company to LIBERTY BANK dated 05/06/2005 and recorded 05/06/2005 in O.R. Book
14296, Page 1341, together with Mortgage Modification, Future Advance and Spreader
Agreement recorded in O.R. Book 14929, Page 1540, together with amended and restated
mortgage recorded in O.R. Book 14929, Page 1553, together with Mortgage Modification,
Future Advance and Spreader Agreement recorded in O.R. Book 15127, Page 1489 and
amended and restated mortgage recorded in O.R. Book 15127, Page 1503; together with
Mortgage Modification, Future Advance And Extension Agreement recorded in O.R. Book
15767, Page 125, ALL ofthe Public Records of Pin ell as County, Florida.
5. Taxes for 2006 are due and payable.
6. The agent must: (1) Determine that TRIANGLE S.A. LAND, LLC., a limited liability
company is in good standing in the state of its formation, and (2) Establish that the
manager( s) or member( s) executing the deed or mortgage to be insured are authorized by the
Articles of Organization or Regulations of the limited liability company to execute said
instruments on behalf of the company.
7. Evidence must be furnished from any taxing authorities having jurisdiction of the property
that there do not exist pending assessments or liens against the property not shown by the
public records.
8. Termination of that certain Notice of Commencement recorded in O.R. Book 15798, Page
762, Public Records of Pinellas County, Florida.
SCHEDULE B SECTION II IS CONTINUED ON AN ADDED PAGE
Agent File Number: 07-3086S
Commitment Number: CA07-3086S
SCHEDULE B - SECTION II
Schedule B of the policy or policies to be issued will contain exceptions to the following matters
unless the same are disposed of to the satisfaction of the Company:
1. Defects, liens, encumbrances, adverse claims or other matters, if any created, first appearing
in the public records or attaching subsequent to the effective date hereof but prior to the date
the proposed Insured acquires for value of record the estate or interest or mortgage thereon
covered by this Commitment.
2. Facts which would be disclosed by an accurate and comprehensive survey of the premises
herein described.
3. Rights or claims of parties in possession.
4. Construction, Mechanic's, Contractors' or Materialmen's lien claims, if any, where no
notice thereof appears of record.
5. Easements or claims of easements not shown by the public records.
6. General or special taxes and assessments required to be paid in the year 2007 and subsequent
years.
7. Any adverse ownership claim by the State of Florida by right of sovereignty to any portion of
the lands insured hereunder, including submerged, filled and artificially exposed lands and
lands accreted to such lands
8. State road right reservation(s), if any.
9. Oil, gas and mineral right reservations, if any.
10. Any Lien arising under Chapter 159, Florida Statutes, in favor of any city, town, village or
port authority for unpaid service charges for service by any water system, sewer system or
gas system servicing the lands described herein.
11. Notice recorded in O.R. Book 7640, Page 420, of the Public Records of Pinellas County,
Florida.
12. Ingress-Egress Easement, as described in O.R. Book 7540 Page 275, of the Public Records of
Pinellas County, Florida.
13. Ordinance No. 5083-91, as described in O.R. Book 7519, Page 329, of the Public Records of
Pine lIas County, Florida.
14. Ordinance No. 5084-91, as described in O.R. Book 7546, Page 607, of the Public Records of
Pinellas County, Florida.
15. Ordinance No. 6530-00, as described in O.R. Book 11011, Page 1867, of the Public Records
of Pine lIas County, Florida.
16. Ordinance 4961-90, as described in O.R. Book 7270, Page 1731, of the Public Records of
Pinellas County, Florida.
17. Ordinance No. 7769-07, as described in O.R. Book 15654, Page 202, of the Public Records of
Pinellas County, Florida.
18. Development Agreement, as described in O.R. Book 15656, Page 1434, of the Public Records
of Pinellas County, Florida.
19. Lands lie within various county special assessment districts and municipal taxing districts and
are subject to liens for any unpaid special assessments by virtue of the ordinances and
resolutions creating these districts. The special assessments are payable with the ad valorem
taxes.
A. SETTLEMENT STATEMENT
u.s. Department of Housing
and Urlian Development
~
1r
B. TVDe of Loan
1. - FHA 2. - RHS 3. - ConY. Unlns. 6. File Number 7. Loan Numbsr 8. Mortgage Insurance Cass Number
4. - VA 5. - Cony. Ins.
07-30865
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 (P.O.C.) were paid outside the closing; they are shown here for information purposes and are not included in the totals.
D. Name and Address of Borrower E. Name and Address of Seller F. Name and Address of Lender
The City of Clearwater. Florida Triangle Old Bay Holdings. LLC
G. Property Location H. Settlement Agent
ATLAS CREST. INC. dba FREEDOM TITLE AGENCY
Vacant Land at 410 N Osceola Ave
Clearwater. FL 33755 Place of Settlement I. Settlement
1465 S. Fort Harrison Avenue Date
Suite 102 08/14/07
Clearwater. FL 33756
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 401. Contract sales price
102. Personal property 402. Personal property
103. Settlement charges to borrower (line 1400) 403.
104. 404.
105. 405.
Adjustments for items paid bv seller in advance Adjustments for items paid bv seller in advance
106. City/town taxes to 406. City/town taxes to
107. Countv taxes to 407. County taxes to
108. Assessments to 408. Assessments to
109. 409.
110. 410.
111. 411.
112. 412.
120. GROSS AMOUNT DUE FROM BORROWER 420. GROSS AMOUNT DUE TO SELLER
200. Amounts Paid Bv 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 charaes to seller (line 1400) 21.706.50
203. Existing Joan(s) taken subiect to 503. Existing loan(s) taken subject to
204. 504. Payoff of first mortgage loan
205. 505. Pavoff of second mortgage loan
206. 506.2007 Tax Escrow 10#09-29-15-00000-430-1100 5.580.92
207. 507.
208. 508.
209. 509.
Adiustments for items unpaid bv seller Adiustments for items unDaid bv seller
210. Citv/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 REDUCTION AMOUNT DUE SELLER 27.287 .42
300. Cash At Settlement From or To Borrower 600. Cash At Settlement To or From Seller
301. Gross amount due from borrower (line 120) 601. Gross amount due to seller (line 420)
302. Less amounts paid by/for borrower (line 220) 602. Less reduction amount due seller (line 520) 27,287.42
303. CASH FROM BORROWER 603. CASH FROM SELLER 27.287.42
OMB Approval No. 2502-0265
(expires 11/30/2009)
08-14-2007 at 11 :23 AM
form HUD-1 (3/86) ref Handbook 4305.2
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
SETTLEMENT STATEMENT
PAGE 2
L. SETTLEMENT CHARGES: FILE I: 07.30865 PAID FROM PAID FROM
700. TOTAL SALES/BROKER'S COMMISSION based on price $ @ = BORROWER'S SELLER'S
Division of commission (line 700) as follows: FUNDS AT FUNDS AT
701. $ to SETTLEMENT SETTLEMENT
702. $ to
703. Commission paid at Settlement
704.
800. ITEMS PAYABLE IN CONNECTION WITH LOAN P.O.C.
801. Loan Origination Fee %
802. Loan Discount %
803. Appraisal Fee to
804. Credit Report to
805. Lenders Inspection Fee to
806. Mtg. Ins. Application Fee to
807. Assumption Fee to
808.
809.
810.
811.
812.
813.
814.
815.
900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE
901. Interest from to @$ /day Days
902. Mortgaae Insurance Premium for to
903. Hazard Insurance Premium for yrs to
904.
905.
1000. RESERVES DEPOSITED WITH LENDER FOR
1001. Hazard Insurance mo.@$ /mo.
1002. Mortgage Insurance mO.@$ /mo.
1003. City property taxes mO.@$ /mo.
1004. County property taxes mo.@$ /mo.
1005. Annual Assessments mo.@$ /mo.
1006. mO.@$ /mo.
1007. mo.@$ /mo.
1008.
1100. TITLE CHARGES
1101. Settlement or closina fee to Freedom Title Agency 345.00
1102. Abstract or title search to Old Republic Title Company 100.00
1103. Title examination to Freedom Title Agency 85.00
1104. Title insurance binder to
1105. Document preparation to
1106. Notary fees to
1107. Attorney's fees to
(includes above items No: )
1108. Title insurance to Freedom Title Agency 2.075.00
(includes above items No: )
1109. Lender's coverage $
1110. Owner's coverage $ -
1111.
1112.
1113.
1200. GOVERNMENT RECORDING AND TRANSFER CHARGES
1201. Recording fees Deed $ 28.00; Mortgaae $ Releases $ 0.00 28.00
1202. City/county/stamps Deed $ Mortgage $
1203. State tax/stamps Deed $ Mortgage $
1204. Intangible Tax DeedS Mortaage $
1205. Releases/Handling
1300. ADDITIONAL SETTLEMENT CHARGES
1301. Survey to
1302. Pest inspection to
1303. Record Prt Release & Sprd Agmt Clerk of the Circuit Court 78.00
1304. Mrtg Rcrd Doc Stmps & Intg Tx Clerk of t~'Circu1t Court 7.562.50
1305. Title Prm & Ends Mercantile Macfarlane Ferguson & McMullen 4.153.00
1306. Title Prem for OP TO Triangle Macfarlane Ferguson & McMullen 2.075.00
1307. Ends to Existing MP Mercantile Macfarlane Ferguson & McMullen 880.00
1308. Additional Charges *** See Attached Addendum *** 4.325.00
1400. TOTAL SETTLEMENT CHARGES (enter on lines 103 and 502, Sections J and K) 21.706.50
Buyer/Borrower
edge, the HUD-l Settlement Statement which I have prepared Ie a true and accurate accou t
undersigned as part of the settlement of this transaction.
e er
IN THE EVENT A RE-PRORATION OF THE TAXES IS NECESSARY WHEN THE TAX BILLS FOR 2000 ARE PREPARED, THE PARTIES AG
BETWEEN THEMSELVES. I have carefully reviewed the HUD-l Settlement Statement and to tho best of my knowledge and belief, It I
of all receipts and dlsbursemen e on my account or me In thle transaction. I further certify that I have received a copy 0
ay Holdings, LLC, a orlda
BY:
t . a ate
G: It Is a crime to knowingly make lalse statements to the United Statee on this or any other elm liar for
form HUD-1 (3/86) ref Handbook 4305.2
08-14-2007 at 11 :23 AM
HUD PAGE 2 ADDENDUM
Prepared ~
ATLAS CREST, INC. dba FR EDOM TITLE AGENCY
1465 S. Fort Harrison Avenue
Suite 102
Clearwater, FL 33756
727/447-7772
SELLER(S): .............. Triangle Old Bay Holdings, LLC
PURCHASER(S): ...... The City of Clearwater, Florida
PROPERTY: ............. Vacant Land at 410 N Osceola Ave, Clearwater, FL 33755
FILE #: ..................... 07-30865
SETTLEMENT DATE: 08/14/07
Borrower Seller
ITEMS PAYABLE IN CONNECTION WITH LOAN
816.
817.
818.
819.
TOTALS
TITLE CHARGES
1114.
1115.
1116.
1117.
1118.
1119.
1120.
1121.
TOTALS
ADDITIONAL SETTLEMENT CHARGES
1309. lender's Atty Fees Macfarlane Ferguson & McMullen 3,500.00
1310. Title Search for OP 2 Triangle Macfarlane Ferguson & McMullen 575.00
1311. Attorney Costs Macfarlane Ferguson & McMullen 250.00
1312.
1313.
TOTALS 4,325.00
08-14-2007 at 11 :23 AM
SELLER(S}: .............. Triangle Old Bay Holdings, LLC
PURCHASER(S}:...... The City of Clearwater, Florida
PROPERTY: ............. Vacant Land at 410 N Osceola Ave, Clearwater, FL 33755
FILE #: ..................... 07-30865
SETTLEMENT DATE: 08/14/07
PRORATION DATE: 08/14/07
1:::::/:::::::::;.;......................... .
...........:.;..:::::::::::::::;::::::1.
CHARGES CREDITS
CASH DUE TO PURCHASERS:.......................................... 0.00
------------- -------------
------------- -------------
TOTALS: ...............................................................................
0.00
0.00
I::::::;:;:::::::::::::;.:::.:...:.:.................. .
. ... ............::::::::::::::::::;:::::;:;..
IN THE EVENT A RE-PRORATION OF THE TAXES IS NECESSARY WHEN THE TAX BILLS FOR 2007
ARE PREPARED, THE PARTIES AGREE TO HANDLE SAID RE-PRORATION
BETWEEN THEMSELVES.
The City of Clearwater, Florida, a municipal
corporation
BY:
08-14-2007 at 11 :23 AM
SELLER(S): .............. Triangle Old Bay Holdings, LLC
PURCHASER(S):...... The City of Clearwater, Florida
PROPERTY: ............. Vacant Land at 410 N Osceola Ave, Clearwater, FL 33755
FILE #: ..................... 07-:-30865
SETTLEMENT DATE: 08/14/07
PRORATION DATE: 08/14/07
1::::,::::::::::::.:::::::..:................ . ....:::.:.:.::::.:.:::::.::::::::::,::10
CHARGES CREDITS
Settlement Fee: ....................................................................
Abstract Fee: .......................................................................
Title examination: .................................................................
Owner's Policy Amount: .....................................................
Record Prt Release & Sprd Agmt: ....................................
Mrtg Rcrd Doc Stmps & Intg Tx:.......................................
Title Prm & Ends Mercantile: ...........................................
Title Prem for OP TO Triangle: ..........................................
Ends to Existing MP Mercantile: .......................................
Lender's Atty Fees: .............................................................
Title Search for OP 2 Triangle: ..........................................
Attorney Costs: ...................................................................
2007 Tax Escrow IDI09-29-15-OOQ00-430-1100:................
Record Deed~........................................................................
CASH DUE FROM SELLERS:.............................................
TOTALS: ...............................................................................
I:::,:,:::,:,:::::::::;:,::::::::::::::::::::::::::::::::':.:::::.:.::.::.::.:........
.........................................
....-....................................
. ......................-......~.......
.................. .......
Freedom Title Agency
Old Republic TItle Company
Freedom Title Agency
Freedom TItle Agency
Cieri< of the Circuit Court
Cieri< of the Circuit Court
Macfarlane Ferguson & McMullen
Macfarlane Ferguson & McMullen
Macfarlane Ferguson & McMullen
Macfarlane Ferguson & McMullen
Macfarlane Ferguson & McMullen
Macfarlane Ferguson & McMullen
Pinellas County Tax Collector's Office
CIer1< of Circuit Court
345.00
100.00
85.00
2,075.00
78.00
7,562.50
4,153.00
2,075.00
880.00
3,500.00
575.00
250.00
5,580.92
28.00
-27,287.42
------------- -------------
------------- -------------
0.00
0.00
..................................... .
.......................... . . ..
. . . .. ...... . ..
.......::.:.:.::::::,:::::::::::10
IN THE EVENT A RE-PRORATION OF THE TAXES IS NECESSARY WHEN THE TAX BILLS FOR 2007
ARE PREPARED, THE PARTIES AGREE TO HANDLE SAID RE-PRORATION BETWEEN THEMSELVES.
08-14-2007 at 11 :23 AM
BY: