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Home My WebLink AboutHUD Settlement Statement1 f- HUP-1 U.S. Depanment of Housing A. Sctlement Statement and Urban Oavelopment OMB No. 25024265 D. Typo of Loan Q 1. FHA 0 2. FMHA O 3. Conv. Urinal. I 6. Fllo Number Q 4. VA O 5. Core. Ins. 1074054492-11 -• ••-• - � � �,,,,^uu=� •+a,m you u amremem o1 --um somemam cafes. /unounis pain to and by the saluemanl agent am shown Items marked "Is paid outside the 01031119: they am Shown hero for International purposes and are not Included in the latala. D. NAME OF BORROWER: GRBK GHO MEADOWOOD, LLC, a Flodda limited IlabNly company Address Of Borrower.690 NW Mercantile PI; Pon Saint Lurie, Florida 34980 E. NAME OF SELLER: Address of Seller, F. NAME OF LENDER: Address of Lender. O. PROPERTY LOCATION: H. SETTLEMENT AGENT. Place of SalUomonL• I. SETTLEMENT DATE: WELP GOLF INVESTMENT, LTD., a Florida anted partnership do Eatain BAssadatos USA Ltd., 4705 So Apopka Vineland Rd. 0201, Crania. Florida 32816 Conifer Dr. and Grove Court Fan Pierce; Florida 34954 Old. While 515 North Flaglar Drive, 201h Floor, West Palm Beach, Florida 33401 1125/19 DISBURSEMENT DATE: 1125f19 Num. RECEIVED TIN: S94 117U2 DEC 0 S 204 Sr, Lucie County, Permitting TIN: 594 Phone:5615325900 f01. Canvas sales pdca IO,d00.00 401. ConUact aisles plea 40,400.00 /02. Personal grope dOL Personal Progeny 703. Spleementcharges to bo0awer Nna 1400) 18.60403. 104. 404. 105. 405. 7Fr 06. CINnpwn taxes 408. C' nown taxes 1 W. County lazes Them 1125/1910 17A7/19 149.58 407. Court taxes from 1125119 to 12/31/19 id9.58 108.Assessments- Cam Assn them 11f25/i91o12/31119.. 527.39408.Assossments•Cam Assnfrom 1125fi9to 12/31119 627.39 109. 409. 110. 410. 111. 411. 112. 412. 120. Grose amount duo from borrower: 41.195.47 420. Gross amount due to seller. 41.176.97 201. DOposil oreamesl money 501. Excess depose (sea ImVue6on3) 202. Principal mount of new loan(s) 502. Settlement charges to Seger QinO 14DO) 2,140.68 203. Existing loan(a taken subject to 503. Existing loan($) taken subject to 204. Principal amount Of second modgem 504. Payoff of fun mortgage loan 205. 505. Payoff of second mortgage loan ' 206. 508. Deposits hold by seller 207. Principal amt of mortgage held by seller 507. Prindpal ccal Of 010d0age held by seller 203. sag. 209. 509. 210. Ci Aown faxoa 510. CltyAown taxes 211. County taxes from 1125fig to 12131/1g SII.CcuAtVtaXe&fmrn 112Sf1B to 12r37Iig 212.Msessments 512.Assossments 213. 513. 214. 514. 215. 515. 216. 518. 217. 517. 218• 518. 219. 519. ;A. Total paid byffor borrower. 0.00520. Total reductions In amount due seller. 2,140.68 301. Gross amount due fmm borrower (line 120) 41,195.47 601. Grose amount duo to sollor (One 420) 41.176.67 302. Was amount paid by/for No borrower Qne 220) 0.00 002. Less fatal reductions In amount due seller (One 520) (2,140.68) Ms. Cash ( [D From ❑ To ) Barrawen 41.196.47 603. Cash (❑� To ❑ From ) Seller. 39.036.29 Substitute, Farm 1099 Sailor Slah nenb The information contained In blacks E. G, H. and I and an Me 401 is Important lax Information and Is being furnished to tha IRS. Ilyou am required to 1110 a return, s 11e91190n0e penally or other sanction will be imposed on you if this item is inquired to be reported and the IRS delemllnes that It has not boon reported. Seller Inslr mli.rm: II this real estate was your principal residence, No Fan 2119, Sale or Exchange of Principal Realdence, for any gain, with your tax return; far other transactions, complete the applicable Paris of Form 4707, Form 6262 andfor Schedule D (Fenn 1040). v DoubloTimO® HUD-1 U.S. Department of Housing and Urban Development Pago 2 700. Total SabslBrokare CM. based on prim S64.000.00 %• Paitl hom Boners PaW fmm Setlera 701. %to 702. %te Funds at settlement Funds a1 Settlement 703. Commission paid at settlement 704. to 801. Loan origination. fee %to 802. Loan discount %to 803. Apprdbat fee to Su. Cmdn report to 805. Lenders Inspection too to 806. Mortgage Insurance application lee to 901. Assumption Fee to 808. to 809. to 810. to 611. to 901. Interest from to Ida 902. Mortgage Insurance premium for menthsto- 903.Hatband insuranmpremium for years to 904. Flood Insurance premium for years to OOs. years to 1001. Hazard insurance months41 pormonth 1002. Mortgage Insurenm months@ per month 1003. City property taxes months@ permanlh 1004. County Omponytaxes months® permonth 1009. Annual assessments months C per month 1006. Flood Insurance months A parmanih 1007. months permonth 1008. months® per month 1009. Aggregate accounting adjustment 1101. Semement or dosing fee to 1102. Abstract or title search to CiklW Lubitz 150.00 1103. Tide examination to 1I04. This lnsuranm binder to 1105. Document preparation to 1106. Notaryfees to 1107. AUorneys Fees to (.shahs above Item numbers: ) 1108. Tina lnsurznm to FMtAmodean TiUolnsumnm Company/CLdO 232.30 (includes above Rem numbers: j Ms. Lender's coverage Premium): 1110. gvneesmveroa Premium: $40.400.00($232.30) 1111. Endorse: 1112. to 1113. to 1201. Remrdin8 fees Deed 316.50 Modgage(e) Harasses . 18.60 1202. CRyleeunN taxlstamps Dead Mangage(s) 1203. Slate Wholeness Dead S28LOO Martindale) 282.80 1204. to 1205. to 1301. Survey to 1302. Pest Inspection to 1303.2019 RE Texas to Tax Collector 1.475.58 1304. to 1305. to 1306. to 1307. to 1308. to 1309. Enter on falls 103 Basilan J a ad 502 Session K I18.50 2,1d0.68 APDoubleTlmo® HUD-1 SETTLEMENT STATEMENT ADDENDUM File Number. 1074054492-11 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 the HUD-1 Settlement Statement. Borrower(s) GHBK GHO MEAD WOOD, LLC a Florida 1 ad liability company By: Seller(s) WELE CAF INVESTMENT, LTD. a Fl vida limited partnership By: ESTEIN GOLF CORPORATION a Florida corporation By: Lance Fair Vice president (Corporate Seal) Settlement Agent The HUD-1 Settlement Statement which 1 have prepared Is a We and accurate account of this transaction. 1 have caused or will cause the funds to be disbursed In accordance with this statement. Ciklin Lubitz By: Date: 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 1S U.S. Code Section 1001 and Section 1010. DoubleTlme Closing Statement Addendum Seller: WELP GOLF INVESTMENT, LTD., a Florida limited partnership Buyer: GRBK GHO MEADOWOOD, LLC, a Florida limited liability company Property: Conifer Drive and Grove Court, Fort Pierce, FL 34954 Closing Agent: Clldin Lubitz Closing Date: November _� 2019 File Number. 10740.54492 TAX RE -PRORATION AGREEMENT: If the most recent property tax bill issued does not cover through the closing date, then the tax prorations set forth on the settlement statement are based upon an estimate. The basis of proration as set forth on the settlement statement is hereby accepted by the parties to this transaction. It is hereby understood and agreed that the actual taxes, if different, will be adjusted between the parties upon demand. Closing Agent is not liable or responsible for adjustment or re -proration of taxes. Closing'Agent is not responsible or liable for additional taxes, other charges or tax refunds, if any, and sliall not be liable should any of the patties to this transaction fail or refuse to re -prorate the taxes. AGREEMENT TO COOPERATE: If requested by Lender (if any), Closing Agent, Title Agent or Title Underwriter, the parties agree to fully cooperate and adjust for clerical errors, including the execution or re -execution of any reasonable documentation and/or the remittance of any additional sums. HOMEOWNER'S ASSOCIATIONS: The Buyer(s) acknowledge(s) the existence of any homeowner's association(s) and is aware that monthly, quarterly or annual maintenance assessments maybe due to said association(s). Said association(s) may also have the authority to regulate and enforce community covenants and restrictions, The Buyer hereby acknowledges receipt of a copy of any association estoppel letters for the subject transaction. MISCELLANEOUS: Closing Agent does not make any representations or warranties nor assumes any liability with respect to the physical condition of the property, or any repairs to the property. If a survey was prepared for the subject transaction, then the Buyer hereby acknowledges receipt of a copy thereof. The buyer has reviewed said survey and accepts title subject to the matters set forth thereon. Buyer has received and reviewed the proposed deed and is satisfied with and approves the manner which title is being hold. DISBURSEMENT AUTHORIZATION, ETC. The settlement statement has been reviewed and approved and Closing Agent is irrevocably authorized and directed to complete the closing of the transaction and make disbursement in accordance therewith. In the event of mortgage assumption, If Seller has received a credit for the escrow account balance, then Seller hereby assigns all right, title and interest in said account to Buyer.. Seller, Buyer, and Borrower are used for singular or plural, as the context so requires or admits. This Agreement is being provided as an inducement for Closing Agent to serve as the closing agent and for Title Agent and Title Underwriter to issue title insurance on the subject transaction. Buyer: ORBK GHO� EADOWOOD, LLC, a Florida limited liability comp n 0 Seller: WELP GOLF INVESTMENT, LTD., a Florida limited partnership By: ESTEIN GOLF CORPORATION, a Florida corporation By: Lance Fair, Vice President