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Home My WebLink AboutCLOSING PAPERS A. Settlement Statement U.S.Department of Housing OMB No.2502-0265 and Urban Development B.Type of Loan 1. 0 FHA 2. 0 FmHA 3. 0 Con,Unins 6.File Number 7.Loan Number S.Mortgage Ins Case Number 4. 0 VA 5. 0 Conv Ins. 6.Cl Setter Finance 8484341 7. ®Cash Sale C.Nate- This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. items marked .o.c."were paid outside the ciosin•they are shown here for informational purposes and are not included in the totals. D.Name&Address of Borrower E.Name&Address of Seller F.Name&Address of tender Chrys A.Matterson Joan Ruocco,as Personal Representative of 516 East Shore Drive the Estate of Vincent A.Ruocro,deceased Adirondack,NY 12808 1225 Scotrun Drive Scotrun,PA 18355 G.Property Location H.Settlement Agent Name First International Title-Fort Pierce Branch 107 North 2nd Street 3200 N.AIA,#701 Fort Pierce,FL 34950 Tax 1D-264217217 Fort Pierce,FL 34944 Place ofSettlemem [.Settlement Date First International Title-FP 10120!2016 107 North 2nd Street Fund: Fort Pierce,FL 34950 J.Seminary of Borrower's Transaction K.Summary of Seller's Transaction 100.Gross Amount Due from Borrower 40.Gross Amount Due to Seller 101. Contract Sates Price $740,000,00 401.Contract Sales Price $240,000.00 102.Personal Property 402.Personal Property 103.Settlement Charges to borrower $60.00 403. 104. 404. 105. 405 Adjustments for items paid by seller in advance Adjustments for items paid by seller In advance 106. County Taxes 406.County Taxes 107. StomtwatedMain 407. Stomtwatcr/Main t08. Solid Waste 408. Solid Waste 109. MSBU-Sewer/Water 409.MSBU-Sewer/Water 110.CDD 410.CDD 111. HOA 10/21/16thm 12/31/16 $1,033.04 411. HOA 10/21116thru t2131/16 $1,033.04 112. Flood Insurance 412, Flood Insurance 113. 413. 114. 414. 115. 415. 116. 416. 120.Gross Amount Due From Borrower $241093.04 420.Gross Amount Due to Seller $241033.04 200.Amounts Paid By Or In Behalf Of Borrower 500.Reductions in Amount Due to Seller 201. Deposit or earnest money $22,000.00 501. Excess Deposit 202.Principal amount of new loan(s) 502. Settlement Charges to Seller(line 1400) $17,001.28 203. Existing loan(s)taken subject to 503. Existing Loan(s)Taken Subject to 204. Loan Amount 2nd Lien 504.Payoff of fast mortgage loan $84,084.58 205, 505.Payoffofsecond mortgage loan 206. 506. 207_ 507, 208. 508. 209. 509. Adjustments for items unpaid b seller Adjustments for items unpaid by seller 210.County Taxes 01,01/16thin 10/20/16 $3,167.75 510.County Taxes OU01116thin 1020/16 S3,167.75 21 L Stotmwater/Main 511. Stormwater/Main 212, Solid Waste 512. Solid Waste 213. MSBU-Sewer/Water 513. MSBU•Sewer/Water 214.CDD 514.CDD 215. HOA 515. HOA 216.Flood Insurance 516. Flood Insurance 217, 517. 21 B.Credit for replacement of Storm Shutters $2,766.00 518. Credit for replacement of Storm Shutters $2,766.00 219. 519. 220.Total Paid BYIFor Borrower S27.933.75 520.Total Reduction Amount Due Seller 5107 014.6t 300.Cash At Settlement From/To Borrower 600.Cash At Settlement To/From Seller M.Gross Amount due from borrower(line 120) 5241,093.04 601.Gross Amount due to sella(line 420) $241,033.04 302.Less amounts paid by/for borrower(line 220) $27,933.75 602.Less reductions in amt.due seller(line 520) $107,019.61 303.Cash From Borrower $213,159.29 603.Cash To Seller $134,013.43 Section 5 of the Real Estate Settlement Procedures Act(RESPA)requires the Section 4(a)ofRESPA mandates that HUD develop and prescribe this standard following: •HUD must develop a Special Information Booklet to help persons form to be used at the time of loan settlement to provide full disclosure of all borrowing money to finance the purchase of residential real estate to better charges imposed upon the borrower and seller.These are third party disclosures understand the nature and costs of real estate settlement services; that are designed to provide the borrower with pertinent information during the •Each tender must provide the booklet to all applicants from whom it roccives settlement process in order to be a better shopper. or for whom it prepares a written application to borrow money to finance the The Public Reporting Burden for this collection of information is estimated to purchase of residential real slate; •Lenders must prepare and distribute with average one hour per response,including the time for reviewing instructions the Booklet a Good Faith Estimate of the settlement costs that the borrower is searching existing data sources,gathering and maintaining the data needed,and likely to incur in connection with the settlement. These disclosures are completing and reviewing the collection of information. mandatory. This agency may not collect this information,and you are not required to complete this form,unless it displays a currently valid OMB control number. The information requested does not lend itself to confidentiality. Previous Editions are Obsolete Page I form(IUD-1(3186) Handbook 4305.2 -File No.89843-41 L.Settlement Charges 700.Total Sales/Broker's Commission based on price $240,000.00 a@5%=512,000.00 Paid From Paid From Division of Commission(line 700)as follows: Borrower's Seder's 701.$12,000.00 to Preferred Properties Funds at Funds at 702. to Preferred Properties Settlement Settlement 703.Commission Paid at Settlement $0.00 $12,000.00 800.Items Payable in Connection with Loan 801. Loan Origination fee a to 802. Loan Discount % to 803.Appraisal Fee to 804.Credit Report to 805.Lender's Inspection Fee to 806.Mortgage Insurance Application to 807.Assumption Fee to 808. Flood Cert Fee to 900.items Required by Leader To Be Paid In Advance 901. Interest from 10124/2016 to 11t2t2016 Qa SO/day 902. Mortgage Insurance Premium for mondrs to 903. Hazard Insurance Premium for years to 1000.Reserves Deposited With Lender 1001.Hazard insurance months Q per month 1002.Mortgage insurance months® per month 1003.County Taxes months Q per month 1004.StotmwatedMain months Q per month 1005.Solid Waste months Q per month t006.MSBU-SewerfWater months Q per month 1007.CDD months Q per month 1008.HOA months Q per month 1009. Flood Insurance 4 months B 1011.Aggregate Adjustment 1100.Title Charges 1101.Settlement or closing fee to First International Title $50.00 $225.0D 1102.Abstract or title search to First International Title $200.00 1103.Title examination to 1104.Title insurancebinder to 1105.Document preparation to 1106.Notary fees to 1107.Attorney's fees to (includes above items numbers: ) 1108.Title insurance to First International Title $1,275.00 (includes above items numbers: ) 1109.Lender's coverage $0.001$0.00. 1110. Owner's coverage $240,000.001$1,275.00 1111. Escrow fee to 1112.Courier/MessengerFee to 1113. &Recording Fee to E-Recording t Simptiflie 1114. Florida Surcharge Fee to First American Title-Surcharge Fund $3,28 1200. Government Recording and,transfer Charges 1201. Recording Fees Deed 310.00:Mortgage:Ret to Clerk of the Circuit Court $10.00 1202.City/county tax/stamps; Deed;Mortgage to Clerk of the Clreuit Court 1203. State taxtstamps Deed$1,680.00:Martgage to Clerk of the Circult Court $1,680,00 1204. Record DR-312 to Clerk of the Circuit Court $10,00 1205.Record Certified Opfer to Clerk of the Circuit Court $13.00 1300.Additional Settlement Charges 1301.Estoppel Fee to Quality Research Services $275.00 1302. October HOA Dues to Sea Palms Condominium Association $1,320.00 1303. Digital Document Storage to Pioneer Technology 1304. , to 1305_ . to 1306. . to 1307. . to 1308. . a to 1309. . to 1310. . to 131).. to 1400.Total Settlement Charges(enter on lines 103,Section J and 502,Section K) 560.00 $17,001.28 1 have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief,it is a true and accurate statement oral[receipts and disbursements made on my account or by me in this transaction. I further certify that I have received a completed copy of pages 1,2 and 3 of this HUM Settlement Statement. lam Qv#m u Pmcm TWFtefCq(WYt of Ibu P.gtliaaf YinanA.MNW W. + an.Wmni „' BtlTfLttNtRri'R06Ni't91t11PiG710N �a 'fAcNUt>•1 CtrivauaigWaalaattidt iLmprtp+M bawcan#oGulfrtk aamaM6tihitktmpmd .inwMad(WNwwbs41AQr tN = ��0— l� atn/w Lute WOWNP%bR@dmwl *ta ofr AVAWIAattbdruc d awarmr4rapanrY{r>dl.ralta Priitir gmaalwaWw Ye (r heAragt mn redo&tacm110.ewdomlaa PM 1mv M t WWI tba+11UB.1 }) i4aa>,aac o0td