HomeMy WebLinkAbout2007 Closing StatementV
JAN. 4.2007 9.27AM COASTAL TITLE
HATCH & DOTY, P.A.
Post Office Box 643760
VERO BEACH, FL 32964 -3760
PHONE (772) 234 4711 FAX (772) 234 -3195
TELECOPIER COVER SHIEST
DATE; 3anuary 4, 2007
NUMBER OF PAGES INCLUDING COVER SHEET: 3
TO: Rich Stringer, Esquire
FAX; 5810149
FROM: Kevin S. Doty, Esquire, of HATCH & DOTY, P.A.
E -Mail: fnelson0coastaititle.com
1701 A -1 -A, Suite 220, Vero Beach, FL 32963
Re: Boudrot Sale to City of Sebastian
NO. 89q F.1
I arin enclosing a copy of the final Closing Statement would need to be signed by City of
Sebastian. If we are having a "formal" closing. The Seller would be available in
Sebastian on the afternoon of January 9th, If not, Ms. Boudrot may come in our offices
to sign her documents and we can exchange documents and raonles on the 9th. Be sure
the check is payable to HATCH & DOTY TRUST ACCOUNT.
Tha information contained in this facsimile mate&" is ahtor-ney
privileged and confidential information intended only for the use
of the individual or entity named above. If the reader of Chia
message is not the intended recipient, you are hereby notified that
say diaaetaination, distribution or copy of this co=mun cation is
strictly prohibited. Zf you have received this coatmuni.cation in
error, please immediate7.y notify uB by telephone. Thank you
,r
t �jol
I
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CEIVED
JAN 4 [.UU1
JAN. 4,2007 9:27AM CCWTAL TITLE
01.18 Vo. 2502 -0265
A. SETTLEMENT STATEMENT
B. Type of Loan 6. File Number
05- 2713 -003
L1S De_paranent of
7. Loan Number
NO. 899 P. 2
and Utbar.Development Fi>;:D -i_
1 8. l%1tg Ins Case N. umber
C. Note: This form is furnished to gtk: you a statement of actual settlement costs. Amounts paid to and by P e settler enr agent are
shown. Items marked POC: were paid outside of the closing; rhe,r are shown here for iriformatlonal purposes and are not
included in the closing totalr.
D. Name and Address of Buyer:
The City of Sebastian
t •� .
1225 Main Street
ffms r
Sebastian, FL 32.058
E. Name and Address of Seller:
Bettina Boudror
102.
1306 12th Street, OB
402,
Vero Beach, FL 32960
F. Name and Address of Lender:
403,
G, Property location:
13021rdian River Dr., Sebastian, FL
H. Settlement Agent:
Hatch & Doo P.A.
Place of Setttlement:
1701 A -I -A, Suite 220
106, Rsal eon Taxes
Ycro Beach, FL 32963
For Information Contact:
Fran Neison, CLA pH. 772 -2S4 4711
I. Settlement. Date:
01-09 -2007 Disbursement Date: 61 -09 -2007
J. SUMMARY OFBL'YERST'RA1iWr10N
K. Stl .•}f.f4RYOP'SELL£RSTR4NSACWOV
t •� .
ffms r
101. Contrad Sales Prke
395,000.00
401, Conrad Saks Prim 3TO00.00
102.
402,
103. Settlement Cbaryes bo Buyer (line 1400)
18.50
403,
104•
404.
105.
405.
I,
106, Rsal eon Taxes
1
107, Spacial Assessments
4137.
108, Condominium t Home Owner Assessments
408.
108.
409.
110.
410.
111.
i 411.
120. GROSS AMOUNT DUE FROM BUYER 395,018.30
201, DaposltorEarnest.Wnay
202. Prndpol Amount of New Loan 77
203, Existing Loans Assumed
204. Prepaid Application Fee Credited Against Loan Cost,
208. ;
207.
208.
209. New Second Mortgage From:
210. Real Estate Times 01.01 to 01.09 Q$91 e.37tyr -4% 19.23
211. Sped2l Assessmants
212. Condominium / Home Owner Asswsrnenm
213.
214,
216.
216.
217.
218.
220. TOTAL PAID BYIFOR BUYER
301, OnoSe Amount Due From Buyer (line 120)
302. Less Amounts Paid SytRor Buyer (line 220)
420. GROSS AMOUNT DUE TO SELLER
501. Excess Dap034
502. 94derrlsntCharges to Sailer (line 1400?
503, SAWIng Loans Assumed
$04, Pay off flrstmodgapsto'NaohovisBank
505
506.
507.
WS.
509, Mortgages Hold by Seller
1
610. Real Elam Taxes 01 -01 to 01-M @8215.37iyr•4%
611,
512.
513. i
514.
515.
518.
$17. J
51B. I
1916 J 520. TOTAL REDUCTIONS IN AMOUNT DUE SELLER
395:000.00
B,E21.40
56,042.32
12,26
995,0' 8.50 601 Gross Amount Due To Seller (line 420) j 395,000.00
1926 602. Lelia Radudions in Amount pus Seller (One 520) i 62,982.99
303, CASH I X I FROM I I TO BUYER $ 394,09,24 603. CASH [ X i TO ( ] FROM SELLER $ 832,017.02
SU&STITUT G FORM 1099S SE'L1,F.R S7'ATEM£N7'' The lnrfar 4006 in BlonlY E, G, H and 1, on line 401, on tints 406.4,2 ;r'designared
Of a Euytr's part of reat Wars cues and the value of airy Additional =- oanis shown ar praprrty and rervictu is important tax iVa4ation and is
heirgfurrtished ro the htteraal Rrventre Service, ����yot err rayuired tolFle arerurn a nagJ' mca penalty nr orlur.raneKon hill be iezpcsed onyau (f
rAta Item is regstrad ra o u r tported and the IRS drtrrmines char it has nor hre,n raportzd To derorrnire ij;au havo :a report the Bait or axchar{go o,!
;war main Aame on your tax mnrrvr see Schedule U (Farm 1040; rnsrrucrlons. If thk real sstatc was nor you rosin home, report tart rrarsaa^tion or.
Fornr 4797• Salr afBlrsin. Praperry, Farm 6232, IrrstaAmcnt Sates Jncome, ana"ar Srhrdxlc D (Form 1040): Capital C aittt and Losses.
YOU AIM RE VVED BY LAW. which may stbjecr you ra ciyil rmd criminal penalties for fian'shing false 'nformatior; to prmrrds you,
correct taxoaytr idenr(fcarim: number to llarch & Dory P.A.
URDHR PEVALI'W OF PERJURY. I cerr6- that the number skcwrt on Chit •statement u my correct ta>.paver rdonrocation •av -0or.
Bcnbla Buudrol
JAN. 4,20(3".' 9 :27AN COASTAL TITLE
L. CP1
I Based on S @ % _
701. $ To:
702. $ To:
703, Total Commissions Paio at Settlement!
704,
801. Loan Origination Foe:
802, Mortgage Brokers Fee:
803. Appraisal Fee To:
804: Credit Report 70;
805.
606.
607.
808.
809,
E10.
811.
801. Advancelnlerest
902.
903.
904.
905,
Iirl.899 P.? __ .-
CHARGES Page 2
PAID FROM FP _D PROk1
BUYER': SELLER'S
®
FUNDS T
AT T FL 1,13S AT
SETTLEWE \T $ETfLGMENTI
� I f
1001. Hazard Insurance; Escrow
Months
per month
1012. Mortgage Insurance: Escrow
Months
Par month
/110$. QV PropertyTsxes: Escrow
Months
par ; .0lt1
1004. County Property Taxes; Escrow
Months
per month
iW5. Annual Assessments: Escrow
Months
per month
1008, FICOd Insuranoe: Escrow
Months
per month
1007. Escrow
1008 Escrow
months
Months
per month
per crorth
1009. Adjustment to Starting Eso »w 8alsnce:
1101. Closing Fee To: Hatch & Doty, P.A.
1102. Abstract or Tide Search To: LandAmerkca
1103. Tlds @xatnlnetionr To: Hatch & Doty, P.A.
104. Title Insurarce Commitment To:
1105. Document Preparation To:
1106,
i
110]. Attorney's Fees T0: Kevin S. Octy
(Includes above tom numbers)
1108. Title Insurance To: LTIC & HATCH & DOTY, PA
(includes above item numbers)
1109. Landers Coverage Amt. S
Premium 5
1110, OWN es coverage Amt. S 385,000,00
Premium $
2,050.00
1111.
i
1112'
1113.
1201. Retarding Fogs Deed $ 18.50
Mortgage $
Rol, S 10.00
1202, Transfer Taxes on Deed Deed S 2,785.00
SurTaxes $
1203. Taxes on Note and Mortgage Note E
Mortgage;
1204. Record 2 Corr. Deeds
1205. Record 2nd Sat
i
1301. Survey To:
1302, Pest inspection To:
1303, Special Handling (PhcnetFax Courier) To: Hatch & Ooty, P.A.
1304.
1305.
?30e.
1307.
i
I
I
i
I�
300,07 ;
150.00 j
1,500.00 ,
I 2.050.00
JI
i
l
2140
10.00 i
50.00
I
in.SC ! 2,321.40 �
CERTIBICAVONS
1 have carorldly reviewed this Senlement Statement. To the Wst of my knowledge and belief. it is an accurate sattment of a:1 rcceipts> co r�X, et"i , and
disbursetttents to be made on my account or by me in this transaction. t funhor vortify ttiai I have revived a :opy of1his Sculement Stlterten1,
The City of Sebastian
bit..
Betrina Boudrot
yy:.
This scttiement Stat:ment is an accurato account of this transaction. All funds have been, or •,vill be, diibutsed in accurda-iu 1,t hh thi<_ sot- elect.
Hatch & Dory P.A.
As its Audxuiaoj Represcatativo
Date