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HomeMy WebLinkAboutWyman Fields Foundation Settlement Statement Loan Number 5298515 -.- ~ ~e... ~-rLEMENT STATEMENT --r~. U.S. Department of Housing and Urban Development B. Type of Loan OMS No. 2502-0265 (Exp. 02-28-97) 6. File Number 1. 0 FHA 2. 0 FmHA 3. 0 Conv. Unins. 4. 0 VA 5. m Conv. Ins. E40DEAS.JOSEPH 7. Lo;in Number 8. Mortgage Insurance Case Number 5298515 C. Note: This form is fumished 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 end Address 01 Seller F. Name and Address 01 Lender JOSEPH G. DEAS WYMAN FIELDS FOUNDATION, INe. 207 N. MJss Road, Ste. 105 Old Kent Mortgage Company Winter Springs, FL 32708 4420 - 44th St SE - Suite B 3918 GANDER COURT ORLANDO. FL 32822 Grand Rapids. MI 49512 G. Properly Location H. Settlement Agent GARY E. MASSEY P.A 180-186 LORI ANNE LANE Piece 01 Settlement I. Settlement Date WINTER SPRINGS. FL 32708 100 W. CITRUS STREET j\ \ \ '7 \d'O 6 ALTAMONTE SPRINGS. FL 32714-2502 o J. Summary of Borrower's Transaction 100. Gross Amount Due From Borrower 101. Contract sales mice 151. 900.00 401. Contract sales orice 151.900.00 102. Personal orooertv 402. Personal orooertv 103. Settlement charees to borrower lline 1400\ 7 , 5 9cf. O~ 403. 104. 404. 105 405. Adjustments for items pait':.kseller in advance !l.diustments for Items oaid bv seller In advance 106. City/toY"n taxes to 406.CiNhowntaxes to 107. County taxes to 407. CounN taxes to 108. Assessments 11/14/00 to 12/31/00 274.9 408. Assessments 11/14/00 to 12/31/00 274.91 109. 409. 110. 410. 111. 411. 112. 412. 120. Gross Amount Due From Borrower 159,768.94 420. Gross Amount Due To Seller 152,174.91 ..--.- K. Summary of Seller's Transaction 400. Gross Amount Due To Seller 200. Amounts Paid Bv Or In Be al Borrower e uct ons n mount ue 0 e er 201. Deoosit or earnest money 2,000.00 501. Excess dennsit Isee instructions I 202. Princioal amount of new loan Is) 136.700.00 502. Settlement charoes to seller lline 1400) 4,699.64 203. Exislinn loanlsl taken subiect to 503. Existina loanls) taken subiect to 204. ~ 504. Payoff of first morteaee loan 144 ,711.--s-B 205. ~ 505. Payoff of second morteaae loan 206. ~ 506. ~ 207. ~ 507. 208. ~ 508. 209. 509. Adlustments for Items unoald bv seller Adlustments for Items unoald bv seller 210. City/town taxes to 510.CiNhowntaxes to 211. County taxes to 5' i CounN taxes to 212. Assessments to 512; Assessments to 213. 513. 214. 7____. . 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. Total Paid BylFor Borrower 138,700.00 520. Total Reduction Amount Due Seller 149,411.5 h f Of 500 R d I A D T S II 2 ~From o To Borrower 21 6 9 603. Cash ,0 8. 4 ~TO tJFrom Seller 152,174.91 149 411.5 2'16~:39 303. Cash Previous Edition is Obsolete HUD.1 (3-86) ISr./r.Ilf,SXXIIO~9~/HU().1 (3.86VLASER P~Qr. 1 nr ~ RFSP.~ I'" ' ~d --..~ ~ment Charaes . . 151.900.00 0.0000 %= t tota;.$alesIBroker's Commission based on Drlce $ @ Paid From Paid From Division of Commission (Jine 7001 as follows: Borrowers' Sellers' JQ1.$ to Funds at Funds at 702.$ to Settlement Settlement 703. Commission oaid at Settlement 704. 800. Items Pavable In Connection With Loan 801. Loan Oriaination Fee 1.0000 to Broker . 1.367.00 % 0.2500 341. 75 ,.. 802. Loan Discount % to KENT 400.00 , 803. Aooraisal Fee to p.o.c. 804. Credit Reoort to 55.00 p.o.c. 805. Lender's Insoection Fee 806. Mortoaoe Insurance Aoolication Fee to n_ 807. Assumotion Fee ...- 808. Broker Premium/Yield Diff p.o.c. 809. .--- 810. Buydown Funds Interest Reserves to Old Kent Bank - Southwest -- 811. 812. Tax Service Fee to Transamerica Tax Service 66.50 Flood Certification to Old Kent Mortgage Company 20.50 -- 813. 814. DOC PREP FEE to BROKER 310.00 BROKER DISCOUNT POINTS to BROKER 1. 708. 75 - 815. 816. PROCESSING FEE to BROKER 200.00 817. Administration Fee to Old Kent Mortgage Company 190.00 900. Items Reaulred Bv Lender To Be Paid In Advance 901. Interest from 11/15/00 to 12101/00 @$ 34.1750 /dav 546.80 .-- 902. Mortaaae Insurance Premium for months to .-- 903. Hazard Insurance Premium for o years to Chartered Ins. Group, Inc. hh? no .- 904. years to 905. 1000. Re.c;erves Deoosited With Lender - 1001. Hazard insurance 3 months@$ 5C . 00 Def month 150.00 1002. Mortaaae insurance months@$ Def month 1003. Citv orooertv tax3s months@$ Def month 1004. Countv orooertvtaxes 3 months@$ 189.49 Def month 568.47 - . 1005. Annual assessments months@$ Def month 1006. months@$ Def month -- 1007. months@$ Def month 1008. months@$ - Def month --- 1009. Aggregate adjustment - 0.04 to to Attorney s T~ t e Insurance to to to to to E. Masse 450.00 to P.A. 136.700.00 151. 900.00 250.00 834.5 ~50.00 108.45 . Releases $ 478.45 1,063.30 25.00 200.00 7,594.03 4 699. 0: FIELDS FOUNDA~ION, INC. By: / -~ . ( I { r . ,- . / / // . "".fI- , . , CANDACE BIRLE, President ) ,--\ /0' \ ISC/CI1SSXXII0295/HUO.1 (3.86YlASER Page 2 olil