Loading...
Settlement Statement B. Type of Loan Land Title Services, Inc. 1. ❑ FHA 2. ❑ FmHA 3.❑ CONY UN[NS. 4. ❑ VA 5. ❑ CONV.INS. 5.❑.OTHER A. U.S. Department of Housing& Urban Development 6. File Number 7. Loan Number T115-12308 • Settlement Statement 8. Mortgage Ins.Case No. C. Notes: 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 informational purposes and are not included in the totals. D. Name and Address of Borrower E. Name,Address,Tax ID of Seller F.'Name and Address of Lender The City of Salina,Kansas Dennis M.Fry . CASH 300 W.Ash St 332 S.Ohio Street Salina,KS 67401 Salina,Ks.67401 G. Property Location: 330 S.Ohio St/332 S.Ohio Saline County,Kansas Tr 1 Lot 9,Surveyors Plat 12 less E.15'&less a tract • Tr 2 Lots 10& 11,Sur.Plat 12 H. Settlement Agent: Land Title Services,Inc. TIN: 48-0974247 • Place of Settlement: 136 N.7th St. - Salina,KS 67401 1. Settlement Date: 'May 15,2015 Disbursement Date: May 15,2015 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 175.000.00 401.Contract Sales Price 175.000.00 102.PersonafPropertv 402.Personal Property 103.Settlement Charges to Buyer(Line 1400) 900.00 403. 104. 404. 105. 405. Adjustments For Items Paid By Seller in Advance Adjustments For Items Paid By Seller In Advance 106. City/Town Taxes to 406. City/Town Taxes to 107. County Taxes to 407. County Taxes to 108. Assessments to 408. Assessments to 109. 409. 110. Relocation Assistance Payment 1.320.00 410.Relocation Assistance Payment 1.320.00 111. 411. 112. 412. 120.Gross amount due from borrower 177,220.00 420.Gross amount due to seller 176,320.00 200.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) 203.Existing loan(s)taken subject to 503.Existing loan(s)taken subject to 204. 504. Payoff First Mortgage to First Bank Kansas 42.784.59 205. 505. Payoff Second Mortgage 206. 506. 207. 507. 208. • 508. 209. 509. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. City/Town Taxes to 510. City/Town Taxes to 211. County Taxes 01/01/15 to 05/16/15 704.20 511. County Taxes 01/01/15 to 05/16/15 704.20 212. Assessments to 512. Assessments to 213. 513. 214. 514. 215. 515. 216. • 516. 217. 517. 218. I 518. 219. 519. 220.Total paid by/for borrower 704.20 520.Total reduction in amount due seller 43,488.79 300.Cash at settlement from/to borrower 600.Cash at settlement to/from seller 301.Gross Amount Due From Borrower(Line 120) 177.220.00 601.Gross Amount Due To Seller(Line 420) 176.320.00 302.Less Amount Paid By/For Borrower(Line 220) I( 704.20) 602.Less Reductions Due Seller(Line 520) I( 43.488.79; 303.Cash( X From)( To)Borrower 176,515.80 603.Cash( X To)( From)Seller 132,831.21 • • • Land Title Services,Inc. File Number: T115-12308 L. Settlement Charges • 700.SALES/BROKER'S COMMISSION Based o6 Price n % PAID FROM PAID FROM Division of Commission(line 700)as Follows: BUYER'S SELLER'S 701.$ to For Sale By Owner FUNDS AT FUNDS AT 702.$ to For Sale By Owner SETTLEMENT SETTLEMENT 703.Commission Paid at Settlement 704. to 800.Items payable in connection with loan 801.Loan Origination Fee 802.Loan Discount 803.Appraisal Fee to 804.Credit Report to 805.Lender's Inspection Fee to 806.Mortgage Ins.App.Fee • to 807.Assumption Fee to 808.Tax Service Fee 809.Underwriting Fee 810.Document Preparation Fee 811.Flood Certification Fee 900.Items required by lender to be paid in advance 901.Interest From to ( $ /day ( days %) 902.Mortgage Insurance Premium for months to 903.Hazard Insurance Premium for 1.0 years to 904. 905. • 1000. Reserves deposited with lender 1001.Hazard Insurance $ per - 1002.Morteage Insurance n. $ per 1003.City/Town Taxes n $ per 1004.County Taxes (ci). $ per 1005.Assessments a• $ per 1006. 1007. 1008.Aggregate Adjustment 1100.Title charges 1101.Settlement or Closing Fee to Land Title Services.Inc. 150.00 1 102.Abstract or Title Search to 1 103.Title Examination to 1 104.Title Insurance Binder to 1 105.Document Preparation to I 106.Notary Fees to • 1 107.Attomev's Fees to (includes above item numbers: 1 108 Title Insurance to Old Republic Title Insurance C9 S Central Div. 630 00 0 00 (includes above item numbers: 1 109 Lender's Coverage $ 1 1 I0.Owner's Coverage $ 175.000.00 630.00 1 11 1.Courier/Wire/Email Doc Fees 1112.Loan Closing Fee 113.Additional Tract Search to Land Title Services,Inc. 100.00 1200.Government recording and transfer charges 1201.Recording Fees: Deed $ 20.00 Mortgage $ Releases $ 20.00 I 202.City/County Tax/Stamps: Deed Mortgage 1203.Mortgage Registration Tax: Mortgage 1204. 1205. 1300.Additional settlement charges 1301.Survev to 1302. 1303. 1304. 1305. • 1400.Total settlement charges(entered on Lines 103,section J and 502,section K) 900.00 • 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 the HUD-I Settlement Statement. I further certify that I do understand and agree that the proration for general property taxes and/or special assessments provided in the HUD-1 Settlement Statement was calculated by using information available at the time of closing and tax prorations for the current year may have been estimated. Accordingly, the undersigned do hereby hold Land Title Services, Inc. and/or Lender harmless from any liability or damages caused by an inaccurate proration for taxes resulting from any variation or difference in the actual property taxes assessed for the current year. 1 agree that any interest accrued to Escrow agent's Trust Account shall belong to Escrow Agent. Buyers/Borrowers: The Cit !,f Salina, Kansas BY: Lam.,, / A L,1 ason A. .°e, City Mana•er Sellers: Nef Dennis M. Fry To the best of my knowledge, the HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused or will cause the funds to be disbursed in accordance with this statement. Land Title Services, Inc. Kim Mowery Date: May 15, 2015 Settlement-Agent WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction can include a fine and imprisonment. For details see: Title 18; U.S. Code Section 1001 and Section 1010. •