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Fort Walton Beach Ordinance — 2070--116 Hollywood - Disposition of Property — reading text
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ofof sales,sales, incomeincome interest,interest, profit,profit,
attorney'attorney' ss fees,fees, costs,costs, andand otherother formsforms ofof damagedamage whetherwhether direct,direct, incidental,incidental, conseguential,conseguential, oror special special isis limitedlimited toto thethe greatergreater ofof$ $ 100100 oror thethe
authorizedauthorized declareddeclared value.value. RecoveryRecovery cannotcannot exceedexceed actualactual documenteddocumented Ioss.Ioss. MaximumMaximum forfor itemsitems ofof extraordinaryextraordinary valuevalue isis$ $ 1,1, 000,000, e.e. g.g. jewelry,jewelry,
preciousprecious metals,metals, negotiable negotiable instrumentsinstruments andand otherother itemsitems listedlisted inin ourour ServiceGuide.ServiceGuide. WrittenWritten claimsclaims mustmust bebe filedfiled withinwithin strictstrict timetime limits,limits, seesee currentcurrent
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A. U. S. DEPARTMENT Or HOUSING AND URBAN DEVELOPMENT B. TYPE OF LOAN
SETTLEMENT STATEMENT
Hand Arendall Harrison Sale LLC 1. FHA 2. FMHA 3. EX CONV. UNINS.
304 Magnolia Avenue
4. VA 5. CONV. INS.
Panama City, Florida 32401
6. NII. N. 111, ac 7. Loan Number;
850- 769- 3434 fax: 850- 873- 3833
20- 216HD
8. Mortgage Ins. Case No.:
C. NOTE: This,%rut is furnished to give you a statement ofactual seldemenl costs. Amounts paid to and by the settlement agent are ,shown. Renis marked
noc) were paid outside the closing. They are shown here for informational Purposes and are not included in the totals
LBC Holding, Inc.
D. Borrower: 3330 Cumberland Blvd. Suite 325
Atlanta, Georgia 30339
E. Seller: City of Fort Walton Beach, Florida
F. Lender:
38 Robinwood Dr
G. Property: Fort Walton Beach, Okaloosa County, Florida 32548
Robinwood municipal s/ d lot 3
H. Settlement Agent: Hand Arendall Harrison Sale LLC
Place of Settlement: 304 Magnolia Avenue, Panama City Florida 32401 Batey
J. Summary of Borrower' s Transaction I K. Summary of Seller' s Transaction
Less Reductions Amount due Seller (line
302. Less Amount Paid by/ for Borrower ( line 220) 229, 000.00 1 602, cpm 15, 575. 00
303. Cash From Borrower 60, 733. 00 603. Cash To Seller: 264, 425. 00
HUD -1 May 2007
June 29, 2021 7: 29 AM
Settlement Date: June 29. 2021 File Number: 20- 216HD
L. Settlement Charges
700. Total Sales / Broker' s Commission: Paid from Paid from
Based on Price $ 280, 000. 00 @ 5. 00% = $ 14, 000. 00 Borrower' s Seller' s
Division of Commission as follows Funds at Funds at
701. 14_non. no Settlement Settlement
1107. ,• Document
•. Prep to Hand Arendall I-Iarrison Sale LLC
100. 00
1108. Title Insurance to Hand Arendall Harrison Sale LLC
r...,
a.. A— o ;,-- .,.... 1-- 1 1 1, 475. 00
1400. Total Settlement Charges ( Enter on line 103, Section J and line 502, Section K) 9, 733. 001 $ 15, 575. 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 certify that I have received a copy of HUD -I Settlement Statement.
a
L C; I[oldinr nc.
n ,
r
Borrower: Scllcr: Gd
Char F. Shac clfo rc nt
City of F r alton Beach, Flor' a
f.
I have reviewed the Closing Disclosure, the settlement statement, the lender' s closing instructions and any and all other hulas re5aee to the escrow funds, including
any disclosure of the Florida title insurance premiums being paid, and I agree to disburse the escrow funds in accordance wilh4fie terms of this transaction and Florida
law.
Date: June 29, 2021
Settlement Agent:
Deanna Turpen
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 2007
June 29, 2021 7: 29 AM
