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Home My WebLink About2003-185 Escrow Docs - KohlerLawyers Title Insurance Corporation 1400 Ashland Street Ashland, Oregon 97520 Tel~ (541) 488-2240 Fax: 488-1786 09/10/03 City Of Ashland 20 East Main Street Ashland OR 97520 Re: Escrow No. 122052ja We are pleased to advise you that the above numbered escrow has been completed and we have enclosed your final closing documents. If we paid a loan secured by the property in full through this escrow and the lender forwards the note and trust deed or satisfaction of mortgage to you, please forward those documents to our office immediately. We have held the funds necessary to release the lien from the county records. We wish to thank you for this opportunity to be of service to you, and assure you that if you have any questions regarding the enclosures, we will be happy to assist you. Sincerely, ~.,~cir~w~T~er Enclosures LandAmerica Lawyers Title SELLER'S FINAL ESCROW STATEMENT: Seller (s): City Of Ashland 1400 Ashland Street Ashland, Oregon 97520 Tel: (541) 488-2240 Fax: 488-1786 Buyer(s): Laurel M. Kohler Close of Escrow: 09/12/03 Escrow Officer: Julie Austad (L) - Denotes Lender Deducted Fee Property Address: 667 North Main Street Ashland, Oregon 97520 Escrow No.: 122052 Debits Credits CREDITS Sales Price .................................. 264,300.00 DEBITS Broker's commission .......................... $6,607.50 Brunner & White Realtors $6,607.50 Windermere Van Vleet & Assoc Lien Search Fees ............................. Title Insurance Premium to Lawyers Title Ins ....................... Settlement or Escrow Fee ..................... 13,215.00 20.00 872.50 320.00 Garage Demolition ............................ Western States Non Recurring Closing Costs .................. 1,775.00 9,400.00 Sub-totals 25,602.50 264,300.00 Check herewith 238,697.50 TOTAL 264,300.00 264,300.00 This final Settlement Statement, which we have prepared, is a true and accurate account of this transaction. We have caused or will cause the funds to be disbursed in accordance with this statement. LAWYERS TITL~ INSURANCE EORPORATION jx37JlI e 7~u~tAd ' Date: A.SETTLEMENT STATEMENT U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT OMB No. 2502-0265 B. TYPE OF LOAN 1.[] FHA 2.0 FmHA 3.FI CONV.UNINS. 6. File Number: 7. Loan Number: 8. Mortgage Insurance Case Number: 4.[~] VA 5.~ CONV.INS. 122052 This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the C. NOTE: §ell[agent agent,are shown, l%ems marked "~p.,o.,c)" wgre pai~ outside the closing; they are shown here ?or in?ormatlona[ purposes ana are not inc[u~eQ in the totals. D.NAME AND ADDRESS OF BORROWER: E. NAME AND ADDRESS OF SELLER/TAX I.D.: F. NAME AND ADDRESS OF LENDER: Laurel M. Kohler City Of Ashland Mortgage Market Attn: Funding 9020 SW Washington Square #550 212 Vista Street 20 East Main Street Tigard OR 97223 Ashland, OR. 97520 Ashalnd, OR. 97520 G.PROPERTY LOCATION: H.SETILEMENT AGENT: I.SETTLEMENT DATE: 67North Main Street shland, Oregon 97520 LAWYERS TITLE INSURANCE CORPORATION PLA~4~0S~EaN~ St rest 09 / 12 / 03 Ashland, Oregon 97520 J. ~Y OF BORROWER'S TRANSACTION K. ~Y OF S~T~,RR'S TRANSACTION 100. GROSS AMOUNT DUE FROM BORROWER: 400. GROSS AMOONT DUE TO S~T~,~R: 101. Contract Sa[es Price 401. Contract Sales Price 264,300.00 102. Persona[ property 402. Personal property 103. Settlement charges to borrower (line 1400) 403. 104. 404. 105. 405. Adjustments for items paid by seller in advance Adjustments for ~tems paid by seller in advance 106. City/town taxes to 406. City/town taxes to 107. County taxes to 407. County taxes to 108. Assessments to 408. Assessments to 109. 409. 110. 410. 111. 411. 112. 412. 113. 413. 114. 414. 120. GROSS AMOUSrfDUE 420. GROSS AMOONTDUE FROM BORRC~T~R TO S~T~,~ 264,300.00 200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. Deposit or earnest money 501. Excess deposit (see instructions) 202. Principal amount of new loan(s) 502. Settlement charges to seller (line 1400) 1G,202.50 203. Existing loan(s) taken subject to 503. Existing loan(s) taken sub~ect to 204. 504. Payoff of first mortgage loan 205. 505. Payoff of second mortgage loan 206. 506. 207. 507. 208. 508. 209. 509. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. City/town taxes to 510. City/town taxes to 211. County taxes to 511. County taxes to 212. Assessments to 512. Assessments to 213. 513. 214. 514.Non Recurring Closing Costs 9,400.00 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. TOTAL PAID BY/FOR 520. TOTALREDtL-TIONAMOONT BORROW~ DUE S~T~,~ 25,602.50 300. CASH AT SETII~ENT FROM/TO BORROWER 600. CASH AT SEITLEMEN? TO/FROM ,S~T~,~ 301. Gross amount due from borrower (line 120) 601. Gross amount due to seller (line 420) 264,300. O0 302. Lessameuntspaidby/for borrower(line 220) 602. Lessreductionsinameuntduese[ler(line520~ 25,G02.50 303. CASH(oFROM) (O TO) BORROWER 603. CASH(~TO) (OFROM) S~T~,~ 258,697.50 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. City Of Ashland Borrowers Sellers The HUD-1 Settlement Statement which, I have prepared, is a true and accurat_~_ac;oulSl% of this transaction. I have caused or caus~ the fund~to I~e_~j~bl~rsed in aJccordance with this statement, c~ / ~ , | S~_e~nt Agent Date ~arn!ng~ It is a crime to knowingly make false statements to the United States on this or any similar form. HUD-1 (8-87) penalties upon conviction can include a fine and imprisonment. For details see: Title 18 U.S. Code Section RESPA, HB 4305.2 Section 1010. Previous edition is obsolete. -2- L. SETTLEMENT CHARGES 700. TOTAL SALES/BROKER'S COMMISSION PAID FROM PAID FROM based on price $ 264.300.00 5@00 1~215.00 BORROWER'S SELLER'S Division of Commission (line 700) as follows: FUNDS AT FUNDS AT SETTLEMENT SETTLEMENT 701. $ 6.607.50 to Brunner & White Realtors 702. $ 6,607.50 to Windermere Van Vleet & Assoc 703. Commission paid at Settlement 13 ~ 215,00 704. 800. ITEMS PAYABLE IN CONNECTION WITH LOAN 801. Loan Origination Fee % MortaaQe Market 802. Loan Discount 803. Appraisal Fee to Mortgage Market 804. Credit Report to Mortgage Market 805. Lenders Inspection Fee 806. Mortgage Insurance Application Fee to 807. Assumption Fee 808. Realty Tax Service Mortgage Market 809. Document Preparation 810. Underwriting Mortgage Market 811. ApplicatioD Fee Mortaa~e Market 812. Processinq Fee Mortqaqe Market 813. Flood Determination Mort~aqe Market 814. 815. 816. 900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901. Interest from 09/10/03 to 10/0~/03 @ $ 38.820000 /day 902. Mortgage Insurance Premium for months to 903. Hazard Insurance Premium for 1 years to Farmers Insurance 904. Flood Insurance Premium for years to 905. 1000. RESERVES DEPOSITED WITH LENDER 1001. Hazard Insurance 3 months @ $ 52.5~Per month 1002. Mortgage Insurance months @ $ per month 1003. City property taxes months @ $ per month 1004. County property taxes 2 months @ $ 323. llper month 1005. Annual assessments months @ $ per month 1006. Flood insurance months @ $ per month 1007. Agg Adj · months @ $ per month 1008. months @ $ per month 1100. TITLE CHARGES 1101. Settlement or closing fee to Lawyers Title Ins. 32Q, 00 1108. Title insurance to Lawyers Title Ins. 872.50 (includes above items numbers: 1109. Lender's coverage $ 237,850.00 251.25 1110. Owner's coverage $ 264,900.00 872.50 1111.ALTA 9 Lawyers Title Ins. 1116. Additional Service Fee to Law~ers Title Ins. 1117. Additional Chain Fee to 1118. Site Inspection Fee to Lawyers Title Ins. 1119. Overnight Delivery Fee to Law-vets Title Ins. 1120. Wire Fees to Lawyers Title Ins. 1200. GOVERNMENT RECORDING AND TP~ANSFER CHARGES 1201. Recording fees: Deed $ :Mortgage $ Releases $ 1204. 1205. Recording Fee Lawyers Title Ins. 1206. 1207. Lien Search Fee 20,00 1300. ADDITIONAL SETTLEMENT CHARGES 1301. 1302. Pest inspection to 1303. 1304. 1305. 1306. 03-04 1-97309-1 J.C. Payment Center 1307.~{oldback file Lawyers Title Ins. 1308. Garage Demolition Western States ~,775,00 1309. 1312. DMV Fees to 1400. TOTAL SETTLEMENT CHARGES(enter on lines 103,Sect J and 502,Sect K) 16,202,50