The URL can be used to link to this page

Home My WebLink AboutThe Reserve at Tuscawilla Community Association, Inc. - Closing Statement and Disbursement Sheet -2012 1 � . � � BROWN, GARGANESE, WEISS&D'AGRESTA, P.A. 111 N. Orange Ave., Suite 2000 Orland'o, FL 32801 CLOSING STATEMENT AND DTSBURSEMENT SHEET SELLER . THE RESERVE AT TUSCAWILLA COMMUNITY AS50CIATION,INC. BUYER . CTTY OF WINTER SPRINGS,FLORIDA PROPERTY DESCRIPTION . SEE EXHIBTT"A"ATTACHED HERETD CLOSING DATE . �C,� � � � ,2012 CONTRA,CT : SETTLEMENT AGREEMENT DATED MAY 22,2012 PURCHASE PRICE: CREDIT SELLER CREDIT BUYER Purchase Price $10,000.00 Deposit Cash at Closing Adjusted Tota� $10,000.00 $10,000.00 EXPENSES: CHARGE SELLER CHARGE BUYER Recording Wairanty Deed $44.00 Documentary Stamps on Warranty Deed $70A0 Recording Quit Claim Deed for 1'arcels $86.50 101 and IO2 Documentary Stamps on Quit Claim Deed $0.70 Recording HOA Certificate ofApproval $112.00 Title Seazch $150.00 Owner's Title Insurance Premium $100.00 Certificate of Good Standing $74.75 � . , 1 � I � � Wire Transfer Fee $20.00 TOTAL $0.00 $657.95 � RECAPTTULATION Seller Buyer Cash at Closing $10,00Q.00 Cash at Closing $10,00Q.00 Less: Expenses $0.00 Plus: Expenses $657.95 TOTAL CASH DUE TOTAL CASH DUE TO SELLER: $1.0,000.00 FROM BiJYER: $10,65'1.95 Page 2 of 4 , A�PROVAL OF CL4SI,�1G STATEMENT AND DISBURSEMENT SHFET;, INSTR CTIO S L SIN A N Seller and Buyer hereby acknowledge that they have read and approved the foregoing Closing Statement and Disbursement Sheet and Recapitulation,agree that said d.ocuments accurately reflect • the substance of the financial aspects of the transaction contemplated by the Contract, and each hereby approve and direct Closing Agent's disbursement ofthe proceeds and expenses ofthe subject transactian in the manner,arnounts and to the persons hereinabove set forth. In the case of estimated closing costs and expenses directed to be paid by the Closing Agent, as aforesaid,the parties understand and agree that in the event that the actual expense is less than the estimate,the party which pa.id the same will be refunded the difference between the estimate and the actual expense and agree that if the actual expense is more than the estimate,the party which paid the same shall be required to pay the actual expense ov�and above the estimate. REAL PROPERTY TAX NOTTCE: It is understood between the parties hereto that the property is exempt from real property taxes and no tax proration is necessary. Should actual taxes for the current year be assessed,then each party shall have the right to demand and receive from the other a reproration of ta�ces. Each parly consents to such reproration and agrees to look to the other party should a reproration become necessary, and to save and hold harmless as to such reproration the closing attorney. Al'PROVED: SELLER: THE RESERVE AT TUSCAWILLA COMMUNTTY ASSOCTATTON,INC. By:�� s� Print name: S�t��7,� ��—� Vl-� Title: ��51.!) Date: ��C'� 3 ,2012 Page 3 of 4 , APPROVAL OF CLOSING STATEMENT AND DISBURSEMENT SHEET;, INSTRUCTIONS TO CLOSING AGENT Seller and Buyer hereby acknowledge that they have read and approved the foregoing Closing Statement and Disbursement Sheet and Recapitulation,agree#hat said documents accurately reflect the substance of the financial aspects of the transaction contemplated by the Contract, and each - hereby approve and direct Closing Agent's disbursement of the praceeds and expenses of the subject transaction in the manner,amounts and to the persons hereinabove set forth. In the case of estimated closing costs and expenses directed to be paid by the Closing Agent, as aforesaid,the parties understand and agree that in the event that the actual expense is less than the estimate,the party which paid the same will be refunded the difference between the estimate and the actual expense and agree that if the actual expense is more than the estimate,the party which paid the same shall be required to pay the actual expense over and above the estimate. REAL PROPERTY TAX N�TICE. It is understood between the parties hereto that the property is exempt from real propeziy taxes and no tax proratian is necessary. Should actual taxes for the current year be assessed,then ea.ch party sha11 have the right to demand and receive from the ofher a reproratian of taxes. Each party consents to such reproration and agrees to look to the other party should a reproration become necessary, and to save and hold harmless as to such reproration the closing attorney. BUYER: CTTY OF WINTER�PRIN FLORIDA By: � Ke ' L. Smi ,City Manager Date: �C�� I I , 2012 Page 4 of 4 i . . � � SCHEDULE "A" EXHIBtT PARCEL No.r t00 � ESTATE� FEE SIMPLE PURPOSE: ROAD R/GHT OF WAY rnot port ofr . "TrOCt3 A� B� C� D� G� H� /� J� K� O»d L and Cherry Creek Clrcle fpr/Vpt9 StraetJ CAd Atrlum Court (prlvote streetl Of The Reserve ot I'uacowlllo. Phose !. oCCO�dInQ to the pJOt thersof. oa recorded ln Plof Book 48, Popes 31 throuph 40� Pub/lc Records of Ssminole County� FJorldo ond Tract M Reserva ot Tuscowlllo Phcse I•A os recorded /n P/of Book 58. Pope 99� Publlc Records of Seminola Couni�y� F/orldo fhere!»ofter the '7'�operty"'1. It !a the lntent of thls conveyonce to convey the Property os Com�on Propa�ty conslstent w/fh the lntended corrveyance of auah property mode on sold plots. "' lSold prope�ty beln� the aome /onds deacrlbed ln Offlclol Racords Book 4?12. PoQe 214 of the Pub!!c Records of Semino/s Covnty. F/orldo. J desC�Jbed os fo!lowsr COmrenCe ot the Sovtheost Corner of Troct A"� The Reserve ot ruscawllJo. Phose l, occordln� to the plot thereof. os reCOrded In Plot 800k 48. PoQes J/ th�ou�h 40. lncluslve. ot �he Pub!Ic Records of Ssminole County. florldo+ tl�ence run South 88°.f6'23" West o/on� the Sauth llne� of so/d Troct A" o dlstonca of 154.19 feet to the Socrthwest corne� pf so/d rroct A"� therrce deport/np sold South I Ine. run Nor�hh O!•2J'ST" Wesf alortp the lYest !!ne ot sold Troct "A" p olatonce of 3?9.07 teet to o polnt on th• exlstlny Southerly rl�t of woy lJne of Stote Rood 4J4 os shown Florldo Deportment of Tronsportotlon Rl�ht of WQy Mbp SactJo� 7707Q-2S17► so/d polnt olso DelnQ o polnt on o non-tonqent curv� concove Northe�ly hovTrr� o rodlus of Z988.�0 fee�` ond o chord beorinq of Sovth 88•!5'49" Eos�'t thence departlnQ sold West Ilne from o tonQen� beorinp of South 87°?7'0! " fost, run Eosterly o/onp sofd exlst/np Southerly ri�ht vf woy /!ne and olonp the orc Of soJd cu�ve throuph a centra/ on�Je of 01°37'.7S" o dlstonce of 84.83 feet for o Polnt of BeQlnninpr thsnce co»tlnue olonp sald ex►stlnQ Southerly rlpht of woy lrne ond the orc of said curva throuph a centrol QnQle of 00•32'37" o d�sto»ce of 28.36 fee�F to o palnt on the Eost !/ne of oforeso/d r�oct "A"i thence depertinQ sold exlstlrtQ Southe�ly rlqht of woy !!ne ond sola curvs. run Sovth OI°?3'37" fost olon� sold fost /lne o dlstonca of 7.55 fee�t thence deportlnp sal0 Eost /lne. �un North 81•10'02" west c dtstonae of 20.?6 feett thence rt�n NO�th 60°47'28" West o d/sfonCe Of 9.T6 feSt !�O the Polnt ot BeQlnnlnp. Contolnlnp /4/ squore feet. mvre o� /ess. THIS !S NOT A 80UNDARY SURVEY LOCHRANE EINGlNEERlNC,rNC. LOCHJ�ANE L.B.No. P856 Cansu�ting EnglneerS � SurveyaS 20�Soulh 8 Av�OrMnda FtorJdo 32803 �I07J 89�6-J3tT PROJECT NAYE+ S.R.�3�aT TtISCARa D�►vE CNR(STOPNER J.LEFT,11q5 pRAWH 8Yr S.PEARCE DATEe ll/06/08 SCAtEr N/A P.S.Y.N0. 65?6 CNECKED 8Y�C LFFTAKIS pAtEr !I/12/09 LEIJOB No.+ 09�OY�.IA NOT VALlD WITl�QUT TNE SICXAT(/RE ANO OR/�/NAL RAl5f0 SEAL OR � F[O�W► uCENSED SuRVErOR nwD ��E'R SEC.6.rwP.Er 5,.�GE.�r f. RfVlSEO+N/A SHEFT � oF J , , SKETCH OF DESCR/PT/ON PARCEL NO.: 10�0 THIS /S NOT A BOUNDARY SURVEY � S.R. 434 t R/W VAR t ES ) � CURYE DATA Ex1ST. SOUTHERLY o• oi°37�35� p �NT OF BEGINNING R/W I.�NE PER F.O.O.T. L• 84.83' R/W MAP 5EC. 7T070-2517 R' 2988.40' C• 84.83' � CB� S88°15'49"E ,S�E nETA�L "A" " Z,, r -- ------ � TB• S87°27'01 "E I LOT 80 �—.— W � � �„ .. a p � THE RESERVE AT TUSCAWILLA, rRacr ��a �� PHASE I I RETENTION POND p �� P. B. 50 � PGS . 3 - 9 � � ~ J ~ ! a W ! ti � O V � � N � M � � r W M Z M N �y _�aE A l A—�---� N J C- NOT TO SCALE ° 3 � I °z I PO[NT OF BEGINNING � � � CURVE DATA I THE RESERVE AT TUSCAWI LLA, a oo•�s��r� I PHASE I � R• 2988640� I P . B . 48 , PGS . 3 I - 40 I CB•2589620'S5"E � � � � I � N�2o Zg?"�' �' � POl NT OF COMMENCEA+�NT - � R/W LINE n� , THE S.E. CORNER OF TRACT "A" ' N60°47'2B"W o r� � THE S.W. CORNER � 9.76' a OF TRACT "A" N � ` t 588°36'23"W 154. f9' �------------ � S. LINE OF TRACT "A" SEC . 6 . TWP . 2t S . � RGE . 31 E . S,R.1l1 At Tl/SL�QRA ORNE DRAWN BYr S.PFMCf CA7'Bi d/06/09 REV158Di N/A SCAGE� 1' • 50' CHECKfO Br.�.LEFT�ut�S O�rE+ uirPi09 te'1,�9 xo.r o90u�.0 St/EFT Y OF 3 � . SKETCH OF DES�RJPT/t�N PARCEL No.: !!�0 TNlS /S NUT A 8CK/NpARY SURVEY G6NERAL NOTESr l. TNlS !S NRT A BOUNDARY SURVEY. 2. BEARINGS AS SHOWN HEREON ARE BASEO ON TNE CENT�'RG 1N� QF CONSTRUCTION OF S1"AT6 ROAA 450� A$ BE1NG SB9°4i 'J8'� 86TN'�EN P. T. STA. 640•25.d8 ANO F.t7.T. S TA. 661•7�2. 74. AS SNOWM ON FL OR I DA DEPARTA�NT OF tRANSPORTd T lON R1GNT Of iYdY AtAP SECTtON 770Tt?-2S/T FOR STATE Ri1A� 434. 3. 70?"AL AREA �!F 1'Hf NEREIN DESGRI@ED PARCEG �S t4t SQUkRE FEET. AK?RE OR t£55. d. 5EE SNfET ! f pR LEGaL OESCR1PTJpNt SEE SHFET 2 FOR PARC6L SKETCH. LEG6ND� � CENTERG iNE P.C. FDINT 0� CtlRYATURE d t16t Td t CENTRAL #{NGL E 1 PGt 57. P,dGf t S 1 c c�roRe atsr�a�vc� P.l. potnrr oF 1nrrFRs�cr�onr C8 CNORp BEARIHG P.O.T, POlNT ON TANGEIYT C.AI. C4NCRETE MONUJI�NT P. T. POtNT OF TANGENGY D DECREE OF CURVE P.5.M. PROFE55lONAL SURVEYOR EX1Sr. EXISTING AND MAPPER F.D.0.T. FLORI DA DEPARTA�'NT R RADI US OF TRANSPORt'A T JQN t R) RADI AC Fl+f11. FtWNQ RSE. RANCL�' lfJ. JoEarl�lcarloN RT. R1GHr G LENCTH R/W RlGffT Of' WAY L+B. t I CfHSE'A BUS 1 NESS SEC. S�'C rION � L 1'. LEFT S.R. STA 1'E ROAA N/A A►QT AVAlLABIE STA. SrAT10N � No. NUM9ER T TANGEIVT � O.R.B. DFfJ�tAt RECtTftt?5 B�OK 1'8 TANCENT $EARING P.B. P!»AT &ODK TN�P. TOWNSt�t1P � S.R.a3d A! Tt/SCOttA ORNE ORAWN Bri S.PFARCE DATE: IJ/06/�1 REVISEDr N/A SCALE+ NIA Clil�ClCEp BYr C.LEFtAK15 DATFr ilR2/09 tElJOB Na., 09�11.IA 51�!"ET 3 QM' 3