Settlement Statement A.Settlement Statement
U.S.DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
B.Type of Loan 1. 0 FHA CI FmHA 6.File Number 7.Loan Number 8.Mortgage Insurance Case No.
3.0 Cony. Unins. ❑VA 0 Corn.Ins. 42162
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 informational purposes and are not Included in totals.
D.Name and Address of Borrower:
City of Safina,Kansas,300 W.Ash,Salina,KS 67401
E.Name and Address of Seller
RealTek,LL.C.,do Gregory F.Stephens,Member,842 S.10th St.,Salina,KS 67401
F.Name and Address of Lender
Not Applicable
G.Property Location: 309-311 N.10th SL,Salina,KS 67401
H.Settlement Agent The Mid-Kansas Title Company,Inc.
Place of Settlement: 217 N.Santa Fe Ave.,Salina,Kansas 67401
I. Settlement Date: January 12,2018
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 53000.00 401 Contract Sales Price 53000.00
102 Personal Property 402 Personal Property
103 Settlement Charges to borrower(line 1400) 579.00 403
104 404
105 405
Adjustments for items paid by Seller in Advance Adjustments for items paid by Seller in advance
106 Cy/in Tx 406 Cy/Tn Tx
107 Co Tx 407 Co Tx
108 Assess. 408 Assess.
109 409
110 410
111 411
112 412
120 GROSS AMT DUE FROM BORROWER 53579.00 420 GROSS AMOUNT DUE TO SELLER 53000.00
200 AMOUNTS PAID BY OR ON BEHALF OF BORROWER 500 REDUCTIONS IN AMOUNT DUE TO SELLER
201 Deposit or eamest money 501 Excess deposit(see instructions)
202 Principal amount of new loan(s) 502 Settlement charges to Seller(line 1400) 0.00
203 Existing loan(s)taken subject to 503 Existing loan(s)taken subject to
204 504 Payoff of first mortgage loan The Bank of Tescott 13901.69
205 505 Payoff of second mortgage loan
206 506 Deposit or eamest money
207 507
208 508
209 509
Adjustments for items unpaid by Seller Adjustments for items unpaid by Seller
210 Cy/Tn Tx 510 Cy/in Tx
211 Co Tx 01/012018-01/12/2018 17.53 511 Co Tx 01/012018-01/122018 17.53
212 Assess. 512 Assess
213 513
214 514
215 515
216 516
217 517
218 518
219 519
220 TOTAL PAID BY/FOR BORROWER 17.53 520 TOTAL REDUCTION AMT DUE SELLER 13919.22
300 CASH AT SETTLEMENT FROM/TO BORROWER 600 CASH AT SETTLEMENT TO/FROM SELLER
301 Gross amount due from Borrower(line 120) 53579.00 601 Gross amount due to Seller(One 420) 53000.00
302 Less amounts paid by/for Borrower(line 220) 17.53 602 Less reductions in amt due to Seller(line 520) 13919.22
303 CASH( FROM) ❑TO) BORROWER 53561.47 603.CASH( U TO) 0 FROM) SELLER 39080.78
L.SETTLEMENT CHARGES
700 TOTAL SALES/BROKER'S COMMISSION based on Division of Commission Paid From Paid From
price$ @ %=$ (line 700)as follows: Borrower's Seller's
701 $ to Funds at Funds at
702$ to Settlement Settlement
703 Commission paid at Settlement to
704
800.ITEMS PAYABLE IN CONNECTION WITH LOAN
801 Loan origination fee
802 Loan discount
803 Appraisal fee to
604 Credit Report to
805 Lenders Inspection Fee
806 Mortgage insurance application fee to
807 Assumption fee
808
809
810
900.ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE
901 Interest from to @$ /day
902 Mortgage Insurance premium for months to
903 Hazard insurance premium for years to
904
905
1000.RESERVES DEPOSITED WITH LENDER
1001 Hazard Insurance months @$ per month
1002 Mortgage insurance months @$ per month
1003 City property taxes months @$ per month
1004 County property taxes months @$ per month
1005 Annual Assessments months @$ per month
1006
1007 Aggregate Adjustment
1100.TITLE CHARGES
1101 Settlement or dosing fee to THE MID-KANSAS TIME COMPANY,INC. 175.00
1102 Abstract or title search to
1103 Title examination to
1104 Title insurance binder to
1105 Document preparation to
•
1106 Notary fee to
1107 Attorneys fees to
(includes above items numbers:
1108 Tale insurance to THE MID-KANSAS TITLE COMPANY.INC. 349.00
(includes above Items numbers:
1109 Lender's coverage $
1110 Owners coverage 553,000.00/$349.00
1111
1112
1113
1200.GOVERNMENT RECORDING AND TRANSFER CHARGES
1201 Recording fees: Deed$55.00 Mortgage$ Release$ 55.00
1202 City/county tax/stamps Deed$ Mortgage$
1203 State tax/stamps Deed$ Mortgage$
1204
1205
1300.ADDITIONAL SETTLEMENT CHARGES
1301 Survey to
• 1302 Pest inspection to
1303
1304
1305
1400 TOTAL SETTLEMENT CHARGES(enter on lines 103,Section J and 503,Section K) 579.00 0.00
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 hereby
certify that I have received a copy of the HUD-1 Settlement Statement. -
CITY OF SALINA, KANSAS REALTEK, L.L.C.
BY: • Seller: _
J ON GAGE, City Manger GREGORY F. STEPHENS, Member
BY: 642aCCIA.. G01-ea Seller:
SHANDI WICKS, CMC, City Clerk
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.
Settlement Agent: THE MID-KANSAS TITLE COMPANY, INC. Date: January 12,2018
by: (AMA//ittlea o
'SANDRA M. WEI Closing Agent
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 hereby
certify that I have received a copy of the HUD-1 Settlement Statement.
CITY OF SALINA, KANSASQo REALTEK, L.L.C.
BY: Seller h
JASON GAGE, City Manager GREGORY F. STTEPHENS, Member
BY: Seller:
SHANDI WICKS, CMC, City Clerk
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.
Settlement Agent: THE MID-KANSAS TITLE99COMPANY, INC. Date: January 12, 2018
by: �_d)vvs44 i/ri�
SANDRA M. WEf , Closing Agent