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Fort Walton Beach Ordinance — 2042--100 Ready Avenue ‎(portion of)‎--Sale of Property — reading text

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510. City/ Town Taxes 211. Cotgn y! Parish Taxes 511. County/ Parish Taxes 212,_ Asie tints 512. Assessments 220. Totaliaid byjjorBuyer: 2, 000. 00 , 520. Total Reductions in Amount Due Seller: 1, 493. 75 3! 0. C 6 at Settlement from/ to Buyer: 600. Cash at Settlement to/ from Seller: 301. Coss Amount due from Boyer( line 120) 25, 583. 00 601, GrosS Amount due to Seller abe 420) 25, 000.00 Less Reductions Amount due Seller( line 302. Less Amount Paid by/ for Buyer( line 220) 2, 000.00 602. 1, 493. 75 520) 303. Cash From Buyer: 23, 583. 00 603. Cash To Seller: 23, 506.25 HUD- 1 May 2007 November 10, 2020 3: 13 PM Settlement Date: November 17, 2020 File Number: 20- 313HD L. Settlement Charges 700. Total Sales/ Broker' s Commission: Paid from Paid from Based on Price $ 25, 000. 00 @ 5. 00% _ $ 1, 250. 00 Buyer' s Seller' s Division of Commission as follows Funds at Funds at 701. 1, 25000 to R__ Wp! House Commercial Properties, Inc. 1 Settlement Settlement 702. 703. Commission Paid at_Settlement i_ 1, 250. 00 800. Items Payable in Connection with Loan: 801. Loan Origination Fee 802. Loan Discount 803. Appraisal Fee 804. Credit R_. emort 805. Lender's Inspection Fee 806. Mortgage Intrance_Application Fee 807. Assumption Fee 900. Items Required___ y Lender to be Paid in Advance: 901. Daily interest charge from Nov 17, 2020 902. Mortgage Insurance Premium 903. Hazard Insurance Premium 904. Flood Insurance Premium 1000. Reserves Deposited with Lender: 1001. Hazard Insurance j 1002. Mortgage Insurance 1003. City Property Taxes 1004. County Propettyl___s 1005. Annual Assessments 1100. Title Charges: 1101. Settlement or Closing Fee to Hand Arendall Harrison Sale LLC I 100.00 1102. Abstract or Title Search to First.American Title Insurance Company 85. 00 1103. Title Examination 1104. Title Insurance Binder_ l 1105. Document Preparation to Hand Arendall Harrison Sale LLC 100.00 I 1106. Notary Fees Attorney Fees 1107. includes above item numbers_ I Title Insurance to Hand Arendall Harrison Sale LLC 1108 1 143. 75 includes above item numbers: 1109. Lender's Coverage 0. 0.0 1110. Owner' s Coverage_ 25,000.00 1200, Government Recordingarl_d Transfer Charges: 12Qi_ Recording Fees: __ Deed 18. 50 Mortgage 0. 00 Releases 0. 00 18. 50_; 1202. City/ County Tax/ Stamps: Deed 0. 00 Mortgage 0. 00 1203. State Tax/ Stamp _ Deed 175. 00 Mortgage 0. 00 175. 00 j 1204. Intangible Tax 1205. Simplifile Fees to Hand Arendall Harrison Sale( Recording) _ 4. 50 1300. Additional Set11ernent Charges: 1301. Survey I302._ Pest Inspection 1 1400. Total Settlement Charges( Enter on line 103, Section J and line 502, Section K) 583. 00 1, 493. 75 HUD- 1 May 2007 November 10, 2020 3: 13 PM Settlement Date: November 17, 2020 File Number: 20- 313HD A. U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SETTLEMENT STATEMENT Hand Arendall Harrison Sale LLC 304 Magnolia Avenue Panama City, Florida 32401 850- 769- 3434 fax: 850- 873- 3833 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- 1 Settlement Statement. Southeastern Industrial Park, LLC, a Florida limited liability company Buyer: Seller: 4 William R. P cock City of Fort Walton Beach, a Flo da municipal corporation I have reviewed the Closing Disc s c. the settlement statement, the lender's closing instructions and any and all other forms relative to the escrow funds, including any disclosure of the Flori a title i, su nee premiums being paid, and 1 agree to disburse the escrow funds in accordance with the terms of this transaction and Florida law. Date: November 17, 2020 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 November 10, 2020 3: 13 PM Settlement Date: November 17, 2020 File Number: 20- 313HD A. U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SETTLEMENT STATEMENT Hand Arendall Harrison Sale LLC 304 Magnolia Avenue Panama City, Florida 32401 850- 769- 3434 fax: 850- 873- 3833 I have caretu y disbursements u- 1 icwe 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 n in account or by me in this transaction. 1 further certify that I have received a copy of HUD- I Settlement Statement. S Iv r ndusnial Park, LLC, a Florida limited liability comps i , Buyer: 1/ 11/ 20 Seller: William R •: • tick City of Fort Walton Beach, a Florida municipal corporation i I have reviewed the Closing l), c. su the settlement statement, the lender's closing instructions and any and all other forms relative to the escrow funds, including any disclosure of the law. Flondi tit • rn Ira - c premiums being paid, and I agree to disburse the escrow funds in accordance with the terms of this transaction and Florida 1'-------- Settlement Agent: Date: November 17, 2020 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 November 17, 2020 9: 15 AM SURVEY RELEASE RE: Our File# 20- 313HD Property Address: XXX Ready Avenue, Fort Walton Beach, Florida 32548 Southeastern Industrial Park, LLC, a Florida limited liability company, the undersigned buyers in the closing held by Hand Arendall Harrison Sale LLC on the property described as follows: The North 50 feet of the South 150. 00 feet of the South Half of the Southeast Quarter lying West of West right-of-way of Ready Avenue( 80 foot right-of-way), Section 8, Township 2 South, Range 24 West, Okaloosa County, Florida. Commonly known as: XXX Ready Avenue, Fort Walton Beach, Florida 32548 Do hereby state that we have elected to close without a survey on the property. We hereby release Hand Arendall Harrison Sale LLC Realty House Commercial Properties, Inc. Realty House Commercial Properties, Inc of any liability or expense as a result of not having said survey at the time of closing and shall f. -ever hold them harmless. Dated this November 17, 2020. Sou stern Industrial Park, LLC, a Florida limited Halm ; i n r,., Willia l . Peacock I fold Harmless- No Survey COMPLIANCE AND TAX PRORATION AGREEMENT RE: Closing Date: 11/ 17/ 2020 Buyer: Southeastern Industrial Park, LLC, a Florida limited liability company Seller: City of Fort Walton Beach, a Florida municipal

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