Fort Walton Beach Ordinance — 2040--100 Hill Avenue--Sale of Property — reading text

Decd 682. 50 Mortgage 0. 00 682, 50 1203. State Tax/ Stamps: 1204. Intangible Tax o d i rendal l s ' r c ' rdin¢ 4. 50 1205. Simplifile Fees to Hand Arendall Harrison Sale( Recordinnl 1300. Additional Settlement Charves: I 1301. Survey 1302. Pest Inspection line 502, Section K) 51, 090. 50 $ 5, 535. 63 1400. Total Settlement Charges( Enter on line 103, Section J and I have carefully reviewed the HUD- 1 Settlement Statement and to the best of my knowledge and beIiet 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 HUD- 1 Settlement Statement City of Fort Walton Beach Florida 07 allk Seller: Buyer: i. Richard A. Rynearson, Mayor David L H I have reviewed the CI sing Di . the settlement statement, the lender's closing instructions and any and all other forms relative to the escrow funds, including any disclosure of the Ft da till• lie premiums being paid, and I agree to disburse the escrow funds in accordance with the terms of this transaction and Florida law. Date: October 23, 2020 Settlement Agent: Dc r; lour 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. HUD- 1 May 20D7 October 21. 2020 8: 08 AM  File Number 20-217HD Settlement Date October 23, 2020 1.. Settlement Charges Paid from Paid from 700. Total Sales/ Broker' s Commission: Based on Price $ 97, 500. 00 @ 5.00% - 54, 875.00 1 Buyer' s Seller' s Funds at Funds rt DistintiLCnmmissinn as follows I Settlement Settlement 701,_±_i, S OOw-ItraItyWoeCommrnutlPimienica Coni. cion Paid flt 4, 875. 00 703. csrlclncnt 800. items ls_amthigig_Cmtl"ttign_wit . Dann: 801. Loan Orieinatipn Fee- 802. LoanDiscount 803. App itL_ fec 4- 804. (' reditRenp_ r_ t 805. Lender' s 1 tion F£ c 806. Marlow: insurance Application Assumption Fee F 901_j_ ts Neaulrrd h_I ender to he Pall! In Arlesneet__.-__ 901. 1)_al y_inl0festih3rue from Oct 23. 2020 Mnr agg lns_wunct'I',; 3rmium 904. flood Insutonee_i' remlurn_ FUDO,_ J escrve_ DxposLlps1 with Lender; 100_1__ Hazard jnswance L0112L- Morlga, e Insurance Y_- 1003. City? riven). tams - - -- 1004. County Prs'uol Taxes....___ 1005. Annual As-sots-meths 1100. Title Charges: 1101. Settlement orClow Fee 1PHand AlcndallIunisonSale Iil;' x• 00 i._..__ 1102_. Abstract or Title Search to F irst Aincrikan Tide Insurance( cmtzinv 8.5_. 1103, 1 tele ilnination- -__ 1104. Title Inapra cU{Icr -_.__...___ . 1105. l) r' umenti'renaruionlolipfldlitrad8lifiartia0nSale I L(' 1106. Notary Fees 1107 Attorney Fees includeshove item numbers; Title Insurance to 1- land Atendall Harrison Sale TLC I 560. 63 108. 1 finci_ acb abo cj • i i bombers: 1109,_ Lcndet' s Coverage 0. 00 1 1110. Ownct Coverage 97. 50%90 I-- 1204Go,- vcrnme s iPR And Transfer charRpr,; Fees:-__ Dccd 18. 50 MSn.• hUO Relwses- _..._:'!' i•. I.' 1201, Recordj gagc - _ __ 0L_CiDl kiMN. Tax/ Stamps: - Deed DDD Mom - ____ OA -_ 1203. State Tax/ Stamps: Deed 682. 50 Nipr_ iyagc OM 682. 50 1 1204. Intangible Tax 1Q, l9 re11Q_a11 I l arr ynjs sale[ Recording) EalriaunJak( Itec' rdin. 4. 50 1105. Sininjiliik Fees N' Bfandllregsl Ji91....4113$111ona1 Sctllcascnl_Cbluln.:.____ _ t30t_ Smr c 1302._ Pestjo,ps ection 51, 09030 55, 535.63 1400. Total Settlement Charges) Fatter on line 103, Section. 1 and line 502, Section K) 1 I have carefully reviewed the HIiU- I Settlement Statement and to the best of my knowledge and belief. it Is a true and accurate sinteitera of all receipts and dishuiseincnts made on may roman or by IOC in Otis transaction. I further certify that I have received a copy' OHM-I Srulentcnt Statement. City r Fun Walton Beach Florida Buyer: Seller: David L. Hunk' axd A. Rynmrsnn- Mayor i have reviewed the Closing Disclosure, the settlement statement. the lender' s closing ntttnacuvns anal any and all other pons relative to the escrow funds, including any disclosure of the Florida tide uisuranx premiums being paid, mid I agree to disburse the escrow lauds in accordance with the terns of this transaction and Florida law. Date: October 23. 2020 ScMlemuat Apcat; Deanna Tureen W, RNINti; It is a crime to knowingly snake false statements to the United) Slates on this or any other similar loon. Penalties upon cpuvicliott can inelnd2 a tine and imprisonment. For details see line 18 U. S. rode Section 1001 end Section 1010. HUD- 1 May 2007 October 21, 2020 8. 08 AM  COMPLIANCE AND TAX PRORATION AGREEMENT RE: Closing Date: 10/ 13/ 2020 Buyer: David L. Hunter Seller: City of Fort Walton Beach Florida Property Address: Hill Ave, Ft Walton Beach, Florida 32547 We, the undersigned Seller and/ or Buyer/Borrower herein acknowledge the following as conditions of the above referenced transaction: 1. All contingencies set forth in the Contract for Sale have been complied with in full; 2. All utility bills, including but not limited to water, sewer, gas, garbage and electric are the responsibility of the undersigned parties, not the closing agents. All matters regarding utility bills will be handled outside of closing; 3. The undersigned parties will fully cooperate if adjustment for clerical errors on any or all closing documentation is necessary, and will sign such additional documents as are necessary to correct such errors. 4. Calculations of payoff figures, or principal balance and escrow account balances and/ or proration, were based on information, either obtained orally or in writing from your existing lender( s). The closing agent will not be held liable for miscalculations as a result of errors made by the lender( s). If there is/ are discrepancies between the figures used in preparing the closing statements, and future information provided by the lender(s) resulting in a demand by the lender( s) for additional funds, owner will, upon request forward said funds forthwith; 5. Consent is hereby given, pursuant to Rule 4- 186.008( 3) of the Florida Administrative Code, to the placement of the settlement funds for the transaction into an interest bearing account in the name of Hand Arendall Harrison Sale LLC. The parties understand the interest earned or other benefits earned, if any, on such account will be the property of Hand Arendall Harrison Sale LLC; 6. The undersigned parties understand and agree that any shortage in payments made to any debt holder as a " courtesy" or " accommodation" payoff, that are not secured by the property, (i.e. credit cards, car loans, student loans, etc.)