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Backridge Tree Service, In,
Buyer/ Lessee Date
CAUTION: The copyright laws of the United States forbid the unauthorized reproduction of this form Rev. by__
by any
means Including scanning or computerized formats. Dale_ _
FORM 101- B ( 03- 2000) COPYRIGHT BY PROFESS! ONA'_ PUBLISHING LLC. NOVA70, CA ( 415) 884- 2164
I 1 PROFESSIONAL
PUBLISHING ltr
Form generated by True Forms' 800- 499- 9612
ADDENDUM NO. TWO
To Agreement dated
August 25, 2020 , between
and
The City of Fort Walton Beach
Backridge Tree Service, Inc
14 Robinwood Drive concerning property located at
Fort Walton Beach, FL. 32548
The parties agree as follows:
1. Seller and Buyer agree to extend the due diligence period and will end on October 25, 2020.
2. Seller and Buyer agree to extend the closing date to occur within 14 days after recieving a non-revocable zoning
change to MB Mixed Business&
Manufacturing and has been approved and ordered into public records by the City.
This Addendum, upon its execution by both parties, is made a part of the above Agreement.
If checked
date)
this Addendum is of no force or effect unless executed by all parties and delivered prior to
time) I j a. m. L p. m., to
Name of Party)
Seller/ Lessor
Date
The City of Fort Walton Beach
Seller/ Lessor
Date
Buyer/
Y Lessee Date / 0— 6 - Zd
Backridge Tree ervice, Inc.
Buyer/ Lessee Date
CAUTION: The copyright laws of the United States forbid the unauthorized Rev. by
reproduction of this form by any
means including scanning or computerized formats. Date
FORM 101- B ( 03- 2000) COPYRIGHT BY PROFESSIONAL PUBLISHING LLC, NOVATO, CA ( 415) 884- 2164
p] PROFESSIONAL
PUBLISHING uC
Form generated by: True Forms' 800- 499-9612
A. U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT B. TYPE OF LOAN
SETTLEMENT STATEMENT
Hand Arendall Harrison Sale LLC I FNA 2 FUNA 3 0.
x ooNv mous
304 Magnolia Avenue
El 5 L CON INS 4 VA
Panama City, Florida 324017
850- 769- 3434 fax: 850- 873- 3833
s File Number Loin N
8 141:11Z. No
C MOTE: 7 his form is famished to give you a statement of(veal settlement casts Airman pad to and by the settlement agent are shown items war: ed
w ensoid rmn/de lhl closing They are shown here_fproformerrpnw/ rarpnret and are ir,H uarin4,J1a/ iv mtdc__ _
Backridge Tree Service, Inc
D Borrower. 14 Robinwood Drive SW
Fort Walton Beach, Florida 32548
E Seller: 107 Miracle Strip Parkway SW
Fort Walton BeachFlorida 32548
BBVA, USA
F. Lender. 701 S 32st Street
Birmingham, Alabama 35233
14 Robinwood Dr SW
G. Property: Fort Walton Beach, Okaloosa County, Florida 32548
Robinwood.municipal 4/ d Lot 4„
H. Settlement Agent Hand Arendall Harrison Sale LLC
Place o $ eltl_ement 304 Magnolia Avenue, Panama City, Florida 32401 Bas County
J.JC1tleQEn(_Date June 1, 2021
J. Summary of Borrower' s Transaction K. Summary of Seller's Transaction
rls_ Amo int Due From grower.: 4l . Gross AMBIBILDue To Seller:
10.1. Contract Sales Price 201 90000 401.
Conttgct Sales Price_ 201. 900.00
102. Personal Proppnv_ _ i4 Personal- Proper y,__,__
103= S d jo Borrower Choc 1400)
ynent Charges. 5, 114 25 403.
Adiggmenss far items Paid hy Seiler in Advance:
r once: Adlusimen. for l_ tems hildjAyAeller in Advance:
106: City/ Town Taxes Town TAM_
107. Count}/ Pansh Taxes 407 County/ Parish Taxes
108. Assessments 40(5 AiSiCssments
120. Gross amount Due from Borrower: _ _ 207. 014. 25 420, Gross Amount Due to Seller. 101.90041L
204, 2unia Paid boor In Behalf of Borrower:, 1500. Iktketions in Amount Due} o$ eller:
201 Deposit/ Eames! Money._- _- 5.00000 503.. Excess Liepositit(_sec r r structwns)___
202 PrincJpal Amount of blew l. pga7 IQ 000.00SLI4ment.C.hlfgcs to Seller( Line 14001 I1. 279SQ
203. Gusting Loans) Existi m Loan( s)_
204 1504. PavoPfQffirst Mo saagg_
205 505. Payoff of Second Mortgage.
206. 506. Purchase Money Mortgage
Adjustments foritemsUnpaid by_Selcr: AdjitsiMeuts for trams l:npaid3ty Seller
210 City_( Town Taxes 510. City/ Town Tares-_
211_- County/ Parish Taxes 11. County/ Parish Taxes
12_ sass cots 512 Assessments
220, Total PsJdl1 by-I for Bor_
rowcr: 110.000.00 520. Total Reductions* Amount Due$ fir 11, 27940
nt from/ to Borrower:
300. Cash at Settlgme_ 600, Cashyt Bait rm n3_to_/from etley
301. Gross Amount dug from Borrower( lino 1203 207. 014,.25 601Gross AmounLitOJo llgrUkPC 424._-. 201900.00
Less Reductions Amount due Seller( line
1602. X20) 11, 279.50
302 Less Amount Paid by/ for Borrower( line 220) 110,000.00
303. Cash From Borrower: 97, 014. 25 603. Cash To Seller: 190,620.50
HUD- 1 May 2007
May 28, 2021 7: 37 AM
Settlement Date: June 1, 2021 FOB Number: 20- 219HD
L. Settlement Charges 1
700. Total Sales/ Broker' s Commission: Paid from Paid from
Based on Price $ 201, 900. 00 @ 5. 00% = $ 10, 095.00 Borrower' s Seller' s
Division of Commission as follows Funds at Funds at
701 10, 095 00 to Realty House Commercial Properties, 1Nc. Settlement Settlement
702
703 Commission Paid at Settlement 10,095.00
800. Items Payable in Connection with Loan:
801 Loan Origination Fee to BBVA. USA 367 SO r
802. Loan Discount
803 ApagLspl Fee to CORE( poc$ 1, 200 35 by Borrower) ti+
804_ Credit Report
BQi. I. cndcr's inspection Fee
SQL Mortaane Insurance Applicatjgn. Fec
80l Loan Administration Fee to BBVA USA 500.00
808, Flood Certificate Fee to BBVA USA 2000
809,
