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2208 Easley Circle. .3/28/12 1:38 PM A. U.S. Department of Housing and Urban Development Settlement Statement B. Type of Loan 1. [ ] FHA 2. [ ] FMHA 3. [X] Conv. Unins. 4. [ ] VA 5. [ ] Conv. Ins. 6. File Number 201201072 7. Loan Number 8. Mortgage Ins. Case No. C. Note: 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 ( "POC") were paid outside the closing: they are shown here for information purposes and are not included in the totals. D. Name of Borrower: City of Huntsville, 1212 Avenue M, Huntsville, TX 77340 E. Name of Seller: F. Name of Lender: Texas Department of Housing and Community Affairs, 221 East 11th Street, Austin, TX 78701 G. Property Location: Lot 35, Hill -N -Dale Subdivision 2208 Easley Circle, Huntsville, TX 77340 H. Settlement Agent: Walker County Title Compahy (936) 295 -8173 TIN: 742113306 Place of Settlement: 1109 University Avenue, Huntsville, TX 77340 1. Settlement Date: 3/28/2012 Proration Date: 3/28/2012 J: umm S ary Qt.J4orwwet1; �� r.a,g : , ����" �� � �: � ��, ��!` Sell,�1�,�, T�1��xtain 100. Gross amount due from borrower: 400. Gross amount due to seller: 101. Contract sales price 401. Contract sales price 102. Personal property 402. Personal property 103. Settlement charges to borrower (line 1400) 1,321.00 403. 104. 404. 105. Construction Funds Held by Lender 110,931.70 405. Adjustments for items paid by, aeII r1fl1ad iat c $ 'adve 106. City /town taxes 406. City/town taxes 107. County taxes 407. County taxes 108. Assessments 408. Assessments 109. Property Taxes 409. Property Taxes 110. 410. 111. 411. 112. 412. 120. Gross amount due from borrower: 112,252.70 420. Gross amount due to seller: 0.00 200. Amounts paid by arin 9 .. ..a s ®w t k ? �gr ,.,. ,.. .. , 201. Deposit or earnest money 501. Excess deposit (see instructions) 202. Principal amount of new loan(s) 110,931.70 502. Settlement charges to seller (line 1400) 0.00 203. Existing loan(s) taken subject to 503. Existing loan(s) taken subject 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 byselier � :, ,. � , ;' n s � itpaid ay alter 210. City /town taxes 510. City/town taxes 211. County taxes 511. County taxes 212. Assessments 512. Assessments 213. Property Taxes 513. Property Taxes 214. I 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. Total paid by/for borrower: 110,931.70 520. Total reduction in amount due seller: 0.00 300. Cash at settlementfiromi"t bRj � .: ° �, r ..., i��re 301. Gross amount due from borrower (line 120) 112,252.70 601. Gross amount due to seller (line 420) 0.00 302. Less amount paid by /for borrower (line 220) 110,931.70 602. Less total reduction in amount due seller(line 520) 0.00 303. CASH (X)FROM ()TO BORROWER 1,321.00 603. CASH ()FROM ()TO SELLER 0.00 SUBSTITUTE FORM 1099 SELLER STATEMENT - The information contained in Blocks E, G, H and I and on line 401 (or, if line 401 is asterisked, lines 403 and 404), 406, 407 and 408 -412 (applicable part of buyer's real estate tax reportable to the IRS) is important tax information and is being fumished to the Internal Revenue Service. If you are required to file a return, a negligence penalty or other sanction will be imposed on you if this item is required to be reported and the IRS determines that it has not been reported. SELLER INSTRUCTION - If this real estate was your principle residence, file form 2119, Sale or Exchange of Principal Residence, for any gain, with your income tax return; for other transactions, complete the applicable parts of form 4797, Form 6252 and/or Schedule D (Form 1040). • You are required by law to provide Walker County Title Company (936) 295 -8173 with your correct taxpayer identification number. If you do not provide Walker County Title Company (936) 295 -8173 with your correct taxpayer identification number, you may be subject'to civil or criminal penalties. • L the ent. lar er. 201201072' 700. Total sales/broker commission Division of commission (line 700) as follows: 701. $ 702. $ Paid From Paid From Borrower's Funds at Settlement Seller's Funds at Settlement 703. Commission paid at settlement 704. 705. 706. 800 items payablei 801. Loan origination fee 802. Loan discount 803. Appraisal fee 804. Credit report 805. Lender's inspection fee 806. Mortgage insurance application free 807. Assumption fee 808. 809. 810. 811. 812. tems regi 901. Interest from 902. Mortgage insurance premium for 903. Hazard insurance premium for 904. 905. VA Funding Fee 1000. ". ' Feserves 1001. Hazard insurance 1002. Mortgage insurance 1003. City property taxes 1004. County property taxes 1005. Annual assessments (maint.) 1006. 1007. 1008. 1009. Aggregate Adjustment 1100. Title Chart 1101. Settlement or closing fee 1102. Abstract or title search 1103. Title examination 1104. Title insurance binder 1105. Document preparation 1106. Notary fees 1107. Attorneys fees to includes above items no.: 1108. Title insurance to Walker County Title Company 976.00 includes above items no.: 1109. Lender's coverage $110,931.70 $976.00 1110. Owner's coverage 1111. State Guaranty Fee (Owner) 1112. State Guaranty Fee (MTG) to Walker County Title Company 2.00 1113. Escrow /Closing Fee to Walker County Title Company 100.00 1114. Tax Certificates to Walker County Title Company 20.00 1115. Delivery Fee to Walker County Title Company 25.00 1200. Government recording ar 1201. Recording fees: Mortgage $144.00 UCC $54.00 198.00 1202. City/county tax/stamps: 1203. State tax/stamps: 1204. 1205. 1206. 1300. 'Additional setttement t' 1301. Survey 1302. Pest inspection 1303. 1304. 1305. 1306. 2011 Property Taxes to Walker County Appraisal District POCB 98.86 1400. Total settlement charges (entered on lines 103, section J and 502, section K) 1,321.00 0.00 GF: 201201072 CERTIFICATION 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. SELLERS: PURCHASERS: City of Huntsville To the best of my knowledge, the. HUD -1 Settlement Statement which I have prepared is a true and accurate account of the funds which'were received and have been or will be disbursed by the undersigned as part of the settlement of this transaction. Walker County Title Company e r9 ement A r ent 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 18 U.S. Code Sections 1001 and 1010.