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HomeMy WebLinkAbout1996-086 Closing Docs - CottleJUNE 10, 1996 CRATER TITLE INSURANCE COMPANY BUYER CLOSING STATEMENT ORDER: 105877-SAM PAGE 1 BUYER: CITY OF ASHLAND, an OREGON MUNICIPAL COR SELLER: RICHARD C. COTTLE,TRUSTEE, ELIZABETH A. COTTLE, TRUSTEE, BILLIE JEAN PHILLIPS,TRUSTEE SELLER'S ADDRESS: 390 ASHLAND STREET ASHLAND, OR 97520 PROPERTY ADDRESS: 39 1E 16BA TL 1300 ASHLAND, OR 97520 SETTLEMENT DATE: 06/10/96 PRORATE DATE: 06/01/96 PRICE: BUYER CHARGES P.O. C Sale Price County taxes $1,972.10 prorated from 06/01/96 to 07/01/96 at 5.403013 per day. Settlement or closing fees to CRATER TITLE INSURANCE CO. RECORDING FEE FOR EASEMENTS to CRATER TITLE INSURANCE CO. Recording Fee to CRATER TITLE INSURANCE CO. GROSS DUE FROM BUYER $368,000.00 AMOUNT 368,000.00 $167.49 $277.50 $25.00 $70.00 368,539.99 BUYER CREDITS P.O. C DEPOSIT TO ESCROW to CRATER TITLE INSURANCE CO DOWNPAYMENT OUTSIDE ESCROW DOWNPAYMENT OUTSIDE ESCROW NOTE AND 1ST TRUST DEED to COTTLE AND PHILLIPS TRUST Amount: GIFT to CITY OF ASHLAND Amount: TOTAL PAID BY/FOR BUYER 225,000.00 118,000.00 AMOUNT 539.99 $12,500.00 $12,500.00 225,000.00 118,000.00 368,539.99 GROSS DUE FROM BUYER TOTAL PD BY/FOR BUYER 368,539.99 368,539.99 PLEASE EXAMINE THIS STATEMENT AT ONCE. If no error is reported in 15 days, the account will be considered correct. Failure to report error within the above 15 days shall constitute acceptance of this statement and will be considered an acknowledgment by parties of receipt of all papers and monies due them and a full release of above title company from all liability in connection with handling of said escrow. JUNE 10, 1996 CRATER TITLE INSURANCE COMPANY BUYER CLOSING STATEMENT ORDER: 105877-SAM PAGE 2 THANK YOU FOR THE OPPORTUNITY TO BE OF SERV~~~ Steve Scott, Escrow Officer