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image198441/9/14 2:05 PM OMB No. 2502 -0265 44v- . ✓ �� A. U.S. Department of Housing ter and Urban Development * Settlement Statement (HUD -1) B. Type of Loan 1. [ ] FHA 2. [ j RHS 3. [X] Conv. Unins. 4. [ ] VA 5. [ ] Conv. Ins. 6. File Number 201306627 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 & Address of Borrower: Karen Jackson, 17 White Circle, Huntsville, TX 77320 E. Name & Address of Seller: City of Huntsville, 1212 Avenue M, Huntsville, TX 77340 F. Name & Address of Lender: Texas Department of Housing and Community Affairs, 221 East 11th Street, Austin, TX 78701 Texas Department of Housing and Community Affairs, 221 East 11th Street, Austin, TX 78701 G. Property Location: Pleasant Gray Survey (0.196 acres), Abstract #24; Lot 3, Vann Johnson Subdivision 121 Avenue D, Huntsville, TX 77320 H. Settlement Agent: Walker County Title Company (936) 295 -8173 TIN: 742113306 Place of Settlement: 1109 University Avenue, Huntsville, TX 77340 I. Settlement Date: 1/13/2014 Proration Date: 1/13/2014 Recording Date: 1/13/2014 Disbursed Date: 1/13/2014 J Stet fij�l ' � fro we St " a 14Q � °Grps�`' bunl7t�s�c�iri� t`ro pr f.,,,. � - ��e 101. Contract sales price 91,500.00 401. Contract sales price 91,500.00 102. Personal property 402. Personal property 103. Settlement charges to borrower (line 1400) 2,723.13 403. 104. 404. 105. 405. Ad Usttrt fo items; paid by s It fr ? n IC 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. TDHCA Construction Reimbursement 1,113.46 112. 412. TDHCA Loan Write Down 3,592.33 120. Gross Amount Due from Borrower: 94,223.13 420. Gross Amount Due to Seller 96,205.79 200 ; . ;Amountsyf a dia�±.t r iK BetYa[�sf Bor Qyye `, G'' . � 200.00 500 _ edU6tirt 7 W4no # t�t„ �, }•,. � 501. Excess deposit (see instructions) 201. Deposit or earnest money 202. Principal amount of new loan(s) 63,303.00 502. Settlement charges to seller (line 1400) 555.00 203. Existing loan(s) taken subject to 503. Existing loan(s) taken subject to 204. Second Lien - TDHCA 28,197.00 504. Payoff of first mortgage loan TDHCA 95,092.33 205. Additional Earnest Money 154.00 505. Payoff of second mortgage loan 206. Additional Earnest Money 146.00 506. 207. Seller Pays Owner's Title Policy 817.00 507. Seller Pays Owner's Title Policy 817.00 208. Seller Paid Closing Costs 1,406.13 508. Seller Paid Closing Costs 1,406.13 209. Credit HB Class NSP 1 50.00 509. Credit HB Class NSP 1 50.00 +ij st ftl' Iff ,npatd b++)r,3 x '':�� ';' , A�trtst�4�+t 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. 514. 215. 515. 216. 516. Construction Costs to be Reimbursed 1,113.46 217. 517. 218. 518. 219. 519. 220. Total Paid by /for Borrower 94,273.13 520. Total Reduction Amount Due Seller: 99,033.92 p,n QH � 301. Gross amount due from borrower (line 120) 94,223.13 601. Gross amount due to seller (line 420) 96,205.79 302. Less amount paid by /for borrower (line 220) 94,273.13 602. Less total reduction in amount due seller(line 520) 99,033.92 303. CASH ()FROM (X)TO BORROWER 50.00 603. CASH (X)FROM ()TO SELLER 2,828.13 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 ax information and is being furnished 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 principal 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. City of Huntsville The Public Reporting Burden for this collection of information is estimated at 35 minutes per response for collecting, reviewing, and reporting the data. 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. No confidentiality is assured; this disclosure is mandatory. This is designed to provide the parties to a RESPA covered transaction with information during the settlement process. f L 'Settilemenx Gh'rges t , 11x/14 700. Total Real Estate Broker Fees Paid From Borrower's Funds at Settlement Paid From Seller's Funds at Settlement Division of commission (line 700) as follows: 701. $ 702. $ 703. Commission paid at settlement 0.00 704. 705. 800 )te1t1S PaVat�n'+btt �itlfi> t�f fµ ©� pt,s� n 8 801. Our origination charge (from GFE #1) 802. Your credit or charge (points) for specific interest rate chosen (from GFE #2) 803. Your adjusted origination charges (from GFE A) 0.00 804. Appraisal fee (from GFE #3) 805. Credit report (from GFE #3) 806. Tax service (from GFE #3) 807. Flood certification (from GFE #3) 808. 809. 810. 811. 812. 813. 9 terns Re enderttz�1t 4? n 901. Daily interest charges (from GFE #10) 902. Mortgage insurance premium (from GFE #3) 903. Homeowner's insurance 1 year Allstate (from GFE #11) 658.67 904. 905. 19 ,0 a esety e'posit d wit 1001. Initial deposit for your escrow account (from GFE #9) 486.06 1002. Homeowner's insurance 2 mo.@ $54.8900 per mo. $109.78 1003. Mortgage insurance 1004. City property taxes 1005. County property taxes 2 mo.@ $188.1400 per mo. $376.28 1006. Annual Assessments (maint.) 1007. 1008. 1009. Aggregate Adjustment 14 00aT 1101. Title services and lender's title insurance (from GFE#4) 645.40 1102. Settlement or closing fee 1103. Owner's title insurance to Walker County Title Compa (from GFE #5) 817.00 1104. Lender's title insurance to Walker County Title Compa $200.00 1105. Lender's title policy limit $63,303.00 1106. Owner's title policy limit $91,500.00 1107. Agent's portion of the total title insurance premium $864.45 1108. Underwriter's portion of the total title insurance premium $152.55 1109. Agent Name: Walker County Title Company 1110. Underwriter Name:Stewart Title Guaranty Company 1111. Endorsements: T19, T36, Tax Del, NYDP 1112. Guaranty Recoupment Fee (3 Policif to Walker Count) $5.40 1113. 1114. 2nd Lien MTP + Endorsements to Walker Count) $105.00 1115. 1116. Escrow /Closing Fee to Walker Count) $300.00 1117. Tax Certificate to Walker Count) $10.00 1118. Delivery Fee to Walker Count) $25.00 1200 . ;actirdirl 1201. Government recording charges (from GFE #7) 116.00 1202. Deed /Mortgage /Release Deed $20.00 Mortgage $48.00 2nd $48.00 1203. Transfer taxes (from GFE#8) 0.00 1204. City /County tax/stamps 1205. State tax/stamps 1206. UCC Recording Fees to City of Huntsville 60.00 1340 tifan e i rr » r, .. 0.00 1301. Required services that you can shop for (from GFE#6) 1302. Survey 1303. Home Warranty to First American Home Buyers Protection 495.00 1304. 1305. Homeowner Training to EHome America POCB 50.00 1306. 1307. 1400. Total settlement charges (entered on lines 103, section J and 502, section K) 2,723.13 555.00 GF: 201306627 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: City of Huntsville By: Matt Benoit, City Manager PURCHASERS: A_DAI Ch-f) Karen Jackso'i 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 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. LEGEND • —P- -1/— WATER WELL FOUND MONUMENTTION (TYPE NOTED) METER BOX POWER LINES FENCE /// EDGE OF ASPHALT 0- co 0 WATER VALVE DEED RECORDS WALKER COUNTY, TEXAS OFFICIAL PUBLIC RECORDS WALKER COUNTY, TEXAS PLAT RECORDS WALKER COUNTY, TEXAS CLEAN OUT FIRE HYDRANT D.R.W.C.T. 0.P.R.W.C.T. P.R.W.C.T. AI 5 j FND '1. R. W /CAP LOT 4 10' B.L. PER PLAT N87 24''13 "E 150.16' 10' B.L. PER PLAT _r- :I, 0.196 ACRES `' (8,559 SQ. FT.) FI LOT3 al 10' B.L. PER PLAT SET. 5/8 "l. R. W "GS "CAP vI 21 vl • 0 ;sA • 0 15 30 SCALE: 1" = 30' LOT LINE 3'xs' STEPS ►5 9 0 1 -STORY BRICK BUILDING 49.0' .// S87 24'13 "W 150.16' 10' B.L. PER PLAT LOT 2 VANN - JOHNSON SUBDIVISION VOL. 5, PC. 81 P.R.W.C.T. SURVEYOR'S CERTIFICATE I hereby certify to The City of Huntsville that this survey was mode on the ground and completed on November 9, 2012 that this drawing correctly represents the facts found of the time of survey and that this professional service substontiolly conforms to the current Texas Society of Professional Surveyors Standards and Specifications for a Category 18, Condition II Survey. Steatter) M. Chruszefo R.P.L.S. No. 5937 NOTES! / / /L / /c'. 1. This survey was performed without the benefit of a Title Commitment. 2. Horizontal Control is based on holding City of Huntsville Monuments No. 7574 (grid coordinate of North = 10,262,485.31 & East= 3,802.009.473) and 7575 (grid coordinate of North = 10,262,526.24 & East= 3.801,780.255). Bearings described are related to the Texos Coordinote System of 1983, Central Zone. Distances shown are US Survey Feet in "Field Horizontol" units and may be converted to "GRID" units by multiplying by a combined stole factor of 0.99988. 3. Square footage totols shown hereon are based on mathematical closures and do not necessarily represent the positional accuracy of the boundary monumentotion. LOT LINE • / U 0 C 4 1 31.6' si wl J 31.5' 60 Q / ERVICE 1 POLE ' FND. 5/8" I. FMS; w /CAP 11 W FND.3 p "I.R 0 In CONC. /. SERVI POLE m CALLED 50' ROAD PT. RESIDUE G/BBS BROS. & GO. (ADICKES TRACT No. 9) VOL. 85, PAGE 161 O.R.W.C. T. I SURVEY R VIEWED • ACCEPTED Deer ASBUILT SURVEY OF LOT 3 OF VANN — JOHNSON SUBDIVISION OF THE PLEASANT GRAY LEAGUE, A -24 IN WALKER COUNTY, TEXAS Solutions,LLC 25814 Budde Rood Spring, Texas 77380 Phone: 281- 681 -9766 Fax: 281 -681 -9779 OrawMg Far KC at 11/12/12 scoldi 1-'30 Chackod By SC FA.: N/A Pro}dct No. 11 -249 -027 Drawing Nome LOTS– ASB.DWG Al ao/K14 No. N/A METES AND BOUNDS DESCRIPTION of Lot 3 of Vann - Johnson Subdivision; Huntsville, Texas Being a 0.196 of an acre (8,559 square feet) tract of land located in the Pleasant Gray League, Abstract 24, Walker County, Texas and being all of Lot 3 of the Vann - Johnson Subdivision, as recorded in Volume 5, Page 81 of the Plat Records of Walker County, Texas (P.R.W.C.T.) satne being a portion of that certain called 1.17 acre tract of land conveyed to the City of Huntsville by deed and recorded in Volume 955, Page 720 of Official Public Records of Walker County, Texas (O.P.R.W.C.T.); said 0.196 of an acre of land being more particularly described by metes and bounds as follows: BEGINNING at a point in the westerly line of that certain called 50' Road as recorded in Volume 85, Page 161 of Deed Records of Walker County, Texas (D.R.W.C.), being the northeasterly corner of Lot 2 of said Vann - Johnson Subdivision, same being the southeasterly corner of said Lot 3, and being in the easterly line of said 1.17 acre tract, from which a found 5/8- inch iron rod with cap bears South 57 °23' West, 0.42 feet; THENCE, South 87 °24'13" West, a distance of 150.16 feet, along the northerly line of said Lot 2, being the southerly line of said Lot 3 to a found 5/8 -inch iron rod with cap in the easterly line of that certain called 0.21 acre tract of land conveyed to Betty Randel by deed and recorded in Volume 94, page 180 of said Deed Records, being the northwesterly corner of said Lot 2, same being the southwesterly Lot 3, and being in the westerly line of said 1.17 acre tract; THENCE, North 02 °35'47" West, a distance of 57.00 feet, along the easterly line of said 0.21 acre tract, being the westerly line of said Lot 3 and said 1.17 acre tract to a found. 5/8 -inch iron rod with cap at the southwesterly corner of Lot 4 of said Vann - Johnson Subdivision, being the northwesterly corner of said Lot 3; THENCE, North 87 °24'13" East, a distance ''of 150.16 feet, along the southerly line of said Lot 4, being the northerly line of said Lot 3 to a found 5/8 -inch iron rod with cap in the westerly line of said 50' Road, being the southeasterly corner of said Lot 4, same being the northeasterly corner of said Lot 3, and being in the easterly line of said 1.17 acre tract; THENCE, South 02 °35'47" East, a distance of 57.00 feet, along the westerly line of said 50' Road, being the easterly line of said Lot 3 and said 1.17 acre tract to the Point of Beginning and containing 0.196 of an acre of land. Horizontal Control is based on holding City of Huntsville Monuments No. 7574 (grid coordinate of North = 10,262,485.31,& East= 3,802,009.473) and 7575 (grid coordinate of North = 10,262,526.24 & East = 3,801,780.255). Bearings described are related to the Texas Coordinate System of 1983, Central Zone. Distances shown are US Survey Feet in "Field Horizontal" units and may be converted to "GRID" units by multiplying by a combined scale factor of 0.99988. Plat of even date accompanies this description. Prepared by: GeoSolutions, LLC. 25814 Budde Road Spring, Texas Tel. 281-681-9766 Job No. 11- 249 -027 HAY DARBY PLLC Attorney at Law 402 West 7th Street Telephone (512) 467 -6060 Austin, Texas 78701 Facsimile (512) 467 -6161 Borrower: KAREN JACKSON Property Address: 121 AVENUE D HUNTSVILLE, WALKER County, TEXAS 77320 Loan No.: 77099912610h Lender: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS ATTORNEY REPRESENTATION AND FEE LETTER Legal instnunents and other loan documents in connection with this loan and real property transaction (the "Loan ") have been prepared for the Lender by the law firm of HAY DARBY PLLC, Attorney at Law. As a part of the Borrower's obligation to pay the reasonable expenses of the Lender in connection with the establishment of the liens to secure the Loan and, if required, the consummation of the sale and conveyance of the real property securing the Loan (the "Property "), the Borrower agrees to pay the legal fees charged to the Lender by HAY DARBY PLLC, Attorney at Law for the preparation of legal instruments and loan documents at loan settlement. The Borrower acknowledges that the fees charged by HAY DARBY PLLC, Attorney at Law, as set out in the law firm's invoice, are based on the standard fees charged the Lender for the preparation of closing documents for similar real estate transactions. The Borrower further acknowledges that HAY DARBY PLLC, Attorney at Law, has acted only as counsel to the Lender and has not, in any manner, undertaken to assist or render legal advice to the Borrower with respect to the Loan or the purchase of the Property, or with respect to any of the documents or instruments being executed in connection with those transactions. By signing below, the Borrower acknowledges that they are aware that they may consult independent counsel or hire an attorney to represent them and advise them regarding this transaction and its consequences to them. The Borrower has not been charged any fee or preparation of any federal disclosures such as the Truth in Lending Statement. If HAY DARBY PLLC, Attorney at Law has prepared a warranty deed with respect to the Property, at the expense of the Seller, it is for the purpose of assuring the Lender that a proper vendor's lien has been retained and transferred therein to the Lender; and /or if HAY DARBY PLLC, Attorney at Law has prepared other instruments at the expense of the Seller in connection with this transaction, the Seller acknowledges that all instruments have been prepared by HAY DARBY PLLC, Attorney at Law based on information provided to HAY DARBY PLLC, Attorney at Law by the closing agent either directly or through the Lender, that HAY DARBY PLLC, Attorney at Law has not undertaken, in any manner, to assist or render legal advice to the Seller with respect to this transaction, and that HAY DARBY PLLC, Attorney at Law makes no representations to the Seller that it has undertaken any independent effort to verify the information provided to HAY DARBY PLLC, Attorney at Law and utilized for the preparation of the warranty deed or other instruments. Seller is further advised to consult its own legal counsel before signing the warranty deed. BORROWER(S) R SPOUSE OF BORROWER: ,t �i1l C-Aiw - Borrower - Borrower KAREN JACKSON - Borrower - Borrower CITY OF HUNTSVILLE By: Name: Title: Return the original to HAY DARBY PLLC, Attorney at Law, with invoice and check. Return photocopies to Borrower and Seller, if applicable. ORIGINAL Form - HCATTNY2 -3096 (Ver. 12 -2013) HAY DARBY PLLC Attorney at Law 402 West 7th Street Telephone (512) 467 -6060 Austin, Texas 78701 Facsimile (512) 467 -6161 Borrower: KAREN JACKSON Property Address: 121 AVENUE D HUNTSVILLE, WALKER County, TEXAS 77320 Loan No -: 77099912610c Lender: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS ATTORNEY REPRESENTATION AND FEE LETTER Legal instruments and other loan documents in connection with this loan and real property transaction (the "Loan ") have been prepared for the Lender by the law firm of HAY DARBY PLLC, Attorney at Law. As a part of the Borrower's obligation to pay the reasonable expenses of the Lender in connection with the establishment of the liens to secure the Loan and, if required, the consummation of the sale and conveyance of the real property securing the Loan (the "Property "), the Borrower agrees to pay the legal fees charged to the Lender by HAY DARBY PLLC, Attorney at Law for the preparation of legal instruments and loan documents at loan settlement. The Borrower acknowledges that the fees charged by HAY DARBY PLLC, Attorney at Law, as set out in the law firm's invoice, are based on the standard fees charged the Lender for the preparation of closing documents for similar real estate transactions. The Borrower further acknowledges that HAY DARBY PLLC, Attorney at Law, has acted only as counsel to the Lender and has not, in any manner, undertaken to assist or render legal advice to the Borrower with respect to the Loan or the purchase of the Property, or with respect to any of the documents or instruments being executed in connection with those transactions. By signing below, the Borrower acknowledges that they are aware that they may consult independent counsel or hire an attorney to represent them and advise them regarding this transaction and its consequences to them- The Borrower has not been charged any fee or preparation of any federal disclosures such as the Truth in Lending Statement. If HAY DARBY PLLC, Attorney at Law has prepared a warranty deed with respect to the Property, at the expense of the Seller, it is for the purpose of assuring the Lender that a proper vendor's lien has been retained and transferred therein to the Lender; and /or if HAY DARBY PLLC, Attorney at Law has prepared other instruments at the expense of the Seller in connection with this transaction, the Seller acknowledges that all instruments have been prepared by HAY DARBY PLLC, Attorney at Law based on information provided to HAY DARBY PLLC, Attorney at Law by the closing agent either directly or through the Lender, that HAY DARBY PLLC, Attorney at Law has not undertaken, in any manner, to assist or render legal advice to the Seller with respect to this transaction, and that HAY DARBY PLLC, Attorney at Law makes no representations to the Seller that it has undertaken any independent effort to verify the information provided to HAY DARBY PLLC, Attorney at Law and utilized for the preparation of the warranty deed or other instruments- Seller is further advised to consult its own legal counsel before signing the warranty deed. BORROWER(S) OR SPOUSE OF BORROWER: KAREN JACKSON - Borrower - Borrower CITY OF IIUNTSVILLE - Borrower - Borrower By: Name: Title: Return the original to HAY DARBY PLLC, Attorney at Law, with invoice and check. Return photocopies to Borrower and Seller, if applicable. ORIGINAL Form . HCATTNY2 -3096 (Ver. 12 -2013) FLOOD INSURANCE AUTHORIZATION RE: KAREN JACKSON 121 AVENUE D HUNTSVILLE, WALKER County, TEXAS 77320 The National Flood Insurance Reform Act of 1994 mandates the purchase of flood insurance when appropriate, if available. Therefore, the above referenced Borrower(s) hereby authorize(s) Lender, and its assigns, to purchase flood insurance during the life of the loan secured by the above - described property. This authorization is extended only in the case where a determination is made subsequent to closing that flood insurance is necessary, because the Lender has determined the improved real property or mobile home and personal property securing the loan is located both in a Special Flood Hazard are (SFHA) as determined by the Director of the Federal Emergency Management Agency (FEMA), and in a community participating in the National Flood Insurance Program (NFIP). In such event, unless a different standard is permitted by law or regulation and such standard is imposed, flood insurance shall be purchased in the amount of the loan or the maximum amount available under the NFIP, whichever is less. At any time during the life of the loan secured by the above - described Property, such flood insurance policy may be purchased from the agent designated by Borrower(s) and subsequently furnished to Lender. The premiums and fees incurred shall be paid by Borrower(s) and may be paid from the escrow funds on hand and the proper adjustments made to the monthly payments. Borrower(s) agrees that if the Lender or Servicer is escrowing for items such as taxes and property insurance, they are required to also escrow for required flood insurance costs. Lender shall provide Borrower(s) with written notice that flood insurance must be purchased, the amount necessary, and an estimate of the cost. If a response is not received from the Borrower(s) within 45 days of such notice, Lender is hereby authorized to force -place the required flood insurance from whatever source advisable under the circumstances and provide the Borrower(s) with a copy of the policy. If there is a dispute or uncertainty on the part of the Lender or Borrower about the flood determination, they may jointly request FEMA to review and resolve whether the building or mobile home or personal property in question is located in an SFHA. FEMA will review the determination and provide the Lender and Borrower(s) a final determination within 45 days. 4CLA KAREN JACKSON r�w - Borrower - Borrower - Borrower - Borrower CERTIFICATION BY SELLER(S) This is to certify that the above - referenced Property which I /we are selling is not now (or to the best of my /our knowledge ever been) located in a flood hazard area. - Seller - Seller CITY OF HUNTSVILLE - Seller - Seller LOAN NO.: 770999126101) Flood Insurance Authorization Form - FLDINSAU -6298 (Ver. 02 -2009) ORIGINAL FLOOD INSURANCE AUTHORIZATION RE: KAREN JACKSON 121 AVENUE D IIUNTSVILLE, WALKER County, TEXAS 77320 The National Flood Insurance Reform Act of 1994 mandates the purchase of flood insurance when appropriate, if available. Therefore, the above referenced Borrower(s) hereby authorize(s) Lender, and its assigns, to purchase flood insurance during the life of the loan secured by the above - described property. This authorization is extended only in the case where a determination is made subsequent to closing that flood insurance is necessary, because the Lender has determined the improved real property or mobile home and personal property securing the loan is located both in a Special Flood Hazard are (SFHA) as determined by the Director of the Federal Emergency Management Agency (FEMA), and in a community participating in the National Flood Insurance Program (NFIP). In such event, unless a different standard is permitted by law or regulation and such standard is imposed, flood insurance shall be purchased in the amount of the loan or the maximum amount available under the NFIP, whichever is less. At any time during the life of the loan secured by the above - described Property, such flood insurance policy may be purchased from the agent designated by Borrower(s) and subsequently furnished to Lender. The premiums and fees incurred shall be paid by Borrower(s) and may be paid from the escrow funds on hand and the proper adjustments made to the monthly payments. Borrower(s) agrees that if the Lender or Servicer is escrowing for items such as taxes and property insurance, they are required to also escrow for required flood insurance costs. Lender shall provide Borrower(s) with written notice that flood insurance must be purchased, the amount necessary, and an estimate of the cost. If a response is not received from the Borrower(s) within 45 days of such notice, Lender is hereby authorized to force -place the required flood insurance from whatever source advisable under the circumstances and provide the Borrower(s) with a copy of the policy. If there is a dispute or uncertainty on the part of the Lender or Borrower about the flood determination, they may jointly request FEMA to review and resolve whether the building or mobile home or personal property in question is located in an SFHA. FEMA will review the determination and provide the Lender and Borrower(s) a final determination within 45 days. kU141 - Borrower - Borrower KAREN JACKSON - Borrower - Borrower CERTIFICATION BY SELLER(S) This is to certify that the above - referenced Property which I /we are selling is not now (or to the best of my /our knowledge ever been) located in a flood hazard area. CITY OF HUNTSVILLE - Seller - Seller - Seller - Seller LOAN NO.: 77099912610c Flood Insurance Authorization Form - FLDINSAU -6298 (Ver. 02 -2009) ORIGINAL N ct Y •-_I a� icc L J' S•"-N 11.1 ° 2 ,aTHE STATE OF TEXAS TICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, U MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING FORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC CORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE UMBER. GENERAL WARRANTY DEED WITH VENDOR'S LIEN KNOW ALL BY THESE PRESENTS: THAT COUNTY OF WALKER CITY OF HUNTSVILLE, A POLITICAL SUBDIVISION OF THE STATE OF TEXAS ( "Grantor "), whose mailing ddress is /,?/,g ,.tiiz e -i7 for and in consideration of the sum of TEN AND NO /100 DOLLARS ($10.00) cash and other good and valuable consideration to Grantor in hand paid by KAREN JACKSON, A SINGLE WOMAN ( "Grantee "), whose mailing address is 121 AVENUE D, HUNTSVILLE, TEXAS 77320, and in consideration of a Note of even date executed by Grantee and payable to the order of TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS in the principal amount of $63,303.00, which Note is secured by a first and superior vendor's lien and superior title retained in this Deed in favor of TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS and by a first - lien Deed of Trust of even date from Grantee to TIMOTHY K. IRVINE, Trustee, the receipt and sufficiency of which consideration is hereby acknowledged and confessed; and further in consideration of a second -lien Note of even date executed by Grantee and payable to the order of TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS in the principal amount of $28,197.00, which Second Lien Note is secured by a secondary and inferior vendor's lien and inferior title retained in this Deed in favor of TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS and by a second -lien Deed of Trust of even date from Grantee to TIMOTHY K. IRVINE, Trustee, the receipt and sufficiency of which consideration is hereby acknowledged and confessed, has GRANTED, SOLD AND CONVEYED, and by these presents does GRANT, SELL AND CONVEY, unto Grantee, Grantor's entire undivided ownership interest in the real property, together with all improvements thereon, described as follows (the "Property "): BEING 0.196 OF AN ACRE OF LAND, MORE OR LESS, SITUATED IN THE P. GRAY LEAGUE, A -24, WALKER COUNTY, TEXAS AND BEING ALL OF LOT THREE (3), VANN - JOHNSON SUBDIVISION, A SUBDIVISION IN CITY OF HUNTSVILLE, ACCORDING TO THE MAP OR PLAT THEREOF RECORDED IN VOLUME 5, PAGE 81 OF THE PLAT RECORDS, WALKER COUNTY, TEXAS, AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS ON EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. TO HAVE AND TO HOLD the Property, together with all and singular the rights and appurtenances thereto in any way belonging to have and to hold unto Grantee, and Grantee's heirs, successors and assigns, forever; and Grantor does hereby bind itself and its heirs and successors to WARRANT AND FOREVER DEFEND all and singular the Property unto Grantee, Grantee's heirs, successors and assigns, against every person whomsoever lawfully claiming or to claim the same, or any part thereof, provided, however, that this conveyance is made by Grantor and accepted by Grantee subject (i) to all Schedule B items on the owner title policy issued to Grantee on the date hereof; (ii) to the liens securing payment of ad valorem taxes for the current and all subsequent years; and (iii) easements, liens, reservations, covenants, conditions, and Page 1 of 2 restrictions of record in Walker County, Texas, or visible or apparent on the ground to the extent the foregoing affect the Property. By acceptance of this Deed, Grantee assumes and agrees to perform all of the obligations of Grantor under said easements, reservations, covenants, conditions and restrictions, and agrees to pay and indemnifies and agrees to hold Grantor harmless from and against all ad valorem taxes relating to the Property, for the current and all subsequent years. The vendor's lien against and superior title to the Property are retained until each Note described is fully paid according to its terms, at which time this Deed will become absolute. When the context requires, singular nouns and pronouns include the plural. EXECUTED AS OF AND EFFECTIVE the day of January, 2014. STATE OF TEXAS COUNTY OF GRANTOR: CITY OF HUNTSVILLE, A POLITICAL SUBDIVISION OF THE STATE OF TEXAS By: Name: Title: ACKNOWLEDGEMENT § § Before me, a Notary Public, on the day of td,t)1 /4-et , 2014, personally appeared AM 771 4L.4' /T` / , the ya NA-64--ye of CITY OF HUNTS'VILLE, A POLITICAL SUBDIVISION OF THE STATE OF TEXAS, on behalf of such entity, who acknowledged that they did sign the foregoing instrument, and acknowledged to me that they executed the same for the uses and purposes and consideration therein expressed. AFTER RECORDING, RETURN TO: Karen Jackson 121 Avenue D Huntsville, Texas 77320 Notary Public, State of Texas Page 2 of 2 METES AND BOUNDS DESCRIPTION of Lot 3 of Vann - Johnson Subdivision, Huntsville, Texas Being a 0.196 of an acre (8,559 sgiiare feet) tract of land located in the Pleasant Gray League, Abstract 24, Walker County, Texas; and being all of Lot 3 of the Vann - Johnson Subdivision, as recorded in Volume 5, Page 81 of the Plat Records of Walker County, Texas (P,.R.W.C.T.) sane being a portion of that certain called 1.17 acre tract of land conveyed to the City of Huntsville by deed and recorded in Volume 955, .Page 720 of Official Public Records of Walker County, Texas (O.P.R.W.C.T.); said 0.196 of an acre of land being more particularly described by metes and bounds as follows: BEGINNING at a point in the westerly line of that certain called 50' Road as recorded in Volume 85, Page 161 of Deed Records of Walker County, Texas (D.R.W.C.), being the northeasterly corner of Lot 2 of said Vann - Johnson Subdivision, same being the southeasterly corner of said Lot 3, and being in the easterly line of said 1.17 acre tract, from which a found 5/8- inch iron rod with cap bears South 57 °23' West, 0.42 feet; THENCE, South 87 °24'13" West, n distance (1 150.16 feet, along the northerly line of said Lot 2, being the southerly line of said Lot 3 to a found 5/8 -inch iron rod with cap .inthe easterly line of that certain called 0.21 acre tract! of land conveyed to Betty Randel by deed!and recorded in Volume 94, page 180 of said Deed tecords, being the northwesterly corner of said Lot 2, same being the southwesterly Lot 3, and being in the westerly line of said 1.17 acre tract;. THENCE, North 02 °35'47" West, a distance of 57.00 feet, along the easterly line of said 0.21 acre tract, being the westerly line of said Lot 3 and said 1.17 acre tract to a found. 5/8 -inch iron rod with cap at the southwesterly corner of Lot 4 of said Vann - Johnson Subdivision, being the northwesterly corner of said Lot 3; THENCE, North 87 °24'13" East, a distancel'of 150.16 feet, along the southerly line of said Lot 4, being the northerly line of said Loit 3 to a found 5/8 -inch iron rod with cap in the westerly line of said 50' Road, being the southeasterly corner of said Lot 4, same being the northeasterly corner of said Lot 3, and being in the easterly line of said 1.17 acre tract; • THENCE, South 02 °35'47" East, .fl distance of 57.00 feet, along the westerly; line of said 50' Road, being the easterly line of said Lot 3 and said 1.17 acre tract to the Point of Beginning and containing 0.196 of an acre of land. I- Iorizontal Control is based on holding City of Huntsville Monuments No. 7574 (grid. coordinate of North = 10,262,485.31 & East= 3,802,009.473) and 7575 (grid coordinate of North = 10,262,526.24 & East= 3,801,780.255). Bearings described are related to the Texas Coordinate System of 1983, Central Zone. DistaInces shown are US Survey Feet in "Field Horizontal" units and may be converted to "GRID" units by multiplying by a combined scale factor of 0.99988. Plat of even date accompanies this description. Prepared by: GcoSolutions, LLC. 25814 Budde Road Spring, Texas Tel. 281-681-9766 Job No. 11- 249 -027 STEPHEN M.CHRUSZCZAK EXTLI IT "X" P:t.. " is i' Q LEGEND WATER WELL FOUND MONUMENTTION (TYPE NOTED) E'D METER BOX —P— POWER LINES FENCE /// EDGE OF ASPHALT 1;73,131 L. ,..- FND.5/8"1.R. W/CAP 0 D.R.W.C.T. 0.P.R.W.C.T. P.R,W.C.T. CLEAN OUT FIRE HYDRANT WATER VALVE DEED RECORDS WALKER COUNTY, TEXAS OFFICIAL PUBLIC RECORDS WALKER .COUNTY, TEXAS PLAT! RECORDS WALKER COUNTY; TEXAS E 0.196 ACRES h (8559 SQ. FT.) ;221 LOT 3 LOT4 10' B.L. PER PLAT N87-24.1 3"E 750.16' 70' 61. PER PLAT SE T. 5/8"I. R. W "GS"CAP 70' B.L. PER PLAT 58724'13"W 150.16' 10' B.L. PER PLAT — — LOT 2 VANN-JOFINSON SUBDIVISION VOL. 5, PG. 81 LOT LINE 3)(6' STEPS 31.6 0 15 30 SCALE: 1" = 300 1—STORY BRICK BUILDING 1 31 Li 60 \ ‹itibT t /ICE \ - POLE END. 5/8"1,M: 1 W/CAP co ks)-1.4 0 (1) CONC. SURVEYOR'S CERTIFICATE I hereby certify to The City of Huntsville that this survey was made on the ground and completed on November 9, 2012 that this drawing correctly represents the facts found at the time of survey and that this professional ; service substantially conforms to the current Texas Society of Professional Surveyors Standards and Specifications ! for a Category 18, Condition II Survey. St 'ober, M. Chrusz R.P.L.S. No. 5937 NOTES: 1. This survey was performed without the benefit of a Title Commitment. 2. Horizontal Control is based on holding City of Huritsxiille Monuments No. 7574 (grid coordinate of North = 10,262,455.31 & lEast= 3,802,009.473) and 7575 (grid coordinate of 'North' = *10,262526.24 & East= 3.801,780.255). Bearing s. described are relate, to the Texas Coordinote System of 1983, Central .Zone. Distances shdwn are U.S Survey Feet in -Field Horizontal" units and may be converted to -GRID" units by multiplying by a combined scale factor of 0.99988. 3. Square footage totals shown hereon are based on I mathematical closures and do not necessarily represent the positional accuracy of the boundary monumentation. EXHIBIT "L!' PAGE -2 OF " PP--SERVI END.3 p POLE I CALLED '50' R0.4D PT, RES/DUE GIBBS BROS. & CO. (UNCKES. TRACT No. 9) VOL 8$ PAGE 161 a RA a r ( ASBUILT SURVEY OF LOT 3 OF VANN—JOHNSON SUBDIVISION OF THE PLEASANT GRAY LEAGUE, A-24 IN WALKER COUNTY, TEXAS Solutions,LLC 25814 Budde Rood SpHng, Texa s 77380 Phone: 281-681-9766 Fax: 281-681-9779 Chotkod ProjO61 11-249-027 bolo: 11 /1 2 /12 F.13.: N/A Draviing Noma, LOT3–ASB.DV/G GF #: 201306627 Closing Date: 1/13/2014 Seller: City of Huntsville Buyer: Karen Jackson Legal: Pleasant Gray Survey (0.196 acres), Abstract #24; Lot 3, Vann Johnson Subdivision CLOSER: Judy Thornton WALKER COUNTY TITLE COMPANY 1109 University Avenue Huntsville, Texas 77340 Gentlemen: This is to confirm that Judy Thornton is the closer on the above referenced transaction and that the undersigned were made aware of the fact that said Closer is not an attorney. Said closer did not discuss, nor explain, nor interpret any of the legal documentation for any of the closing. Closer merely presented documentation to the undersigned for all signatures and made no representations to the effect of said legal documentation or other documents used in connection with said closing. Closer made no representation concerning city or governmental zoning or use ordinances, statutes or regulations and made no statements or representation concerning the merchantability of the property or fitness for any contemplated use by the Buyer. Buyer acknowledges Closer did not make any comments, statements, explanations or representations concerning arbitration or any arbitration provisions of the title policy(ies). The Buyer and Seller acknowledge that any survey, Wood Destroying Insect Report (or like report) and /or Property Condition /Inspection Report have been ordered by persons other than Closer or any representative and /or employee of Walker County Title Company and that Closer has made no statements, interpretations and /or representation concerning the survey, Wood Destroying Insect Report (or similar report) and /or Property Condition /Inspection Report furnished for this transaction. SELLERS: City of Huntsville By : Matt Benoit, City Manager PURCHASERS: /&4 Karen Jackso WAIVER OF INSPECTION AND DISCLOSURE TO OWNER TO: Stewart Title Guaranty Company ( "Title Insurer ") Walker County Title Company ( "The Company ") RE: City of Huntsville to Karen Jackson File Number: GF 201306627 Land: Pleasant Gray Survey (0.196 acres), Abstract #24; Lot 2, Vann Johnson Subdivision 1. Waiver of Inspection You may refuse to accept an exception to the Owner's Policy for "Rights of Parties in Possession." "Rights of Parties in Possession" shall mean one or more persons or entities who are themselves actually physically occupying the property or a portion thereof under a claim or right adverse to the insured owner of the property as shown in Schedule A of the Policy. The Company may require an inspection of the property and an additional charge may be assessed for reasonable and actual costs of such an inspection. The Company may make additional Exceptions for matters the inspection reveals. If you do not delete this paragraph, you consent to this Exception and waive inspection of the land. YOU MAY REFUSE TO ACCEPT THIS EXCEPTION BY MARKING OUT THIS PARAGRAPH 1. 2. Receipt of Commitment You acknowledge having received and reviewed a copy of the Title Commitment issued in connection with this transaction. You understand that your Owner Policy will contain the Exceptions set forth in Schedule B of the Commitment, and any additional Exceptions to title resulting from the documents involved in this transaction, and any additional Exceptions reflected by an exhibit attached hereto. 3. Survey You may request amendment of the "Area and Boundary Exception" to read "Shortages in Area." The Area and Boundary Exceptions is as follows: "Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments, or protrusions, or any overlapping of improvements." You must furnish a current survey. The survey must be acceptable to the Company. You also must pay an additional premium equal to 15% of the basic premium charge. The Company may make additional exceptions for items shown on the survey. YOU MAY REQUIRE AMENDMENT OF THE AREA AND BOUNDARY EXCEPTION BY MARKING OUT THIS PARAGRAPH 3. AND BY COMPLYING WITH ITS PROVISIONS BEFORE COMPLETION OF THIS CLOSING. 4. Arbitration This paragraph does not apply to the Residential Owner Policy (T -1R). The parties must later agree to arbitrate under the Residential Owner Policy (T -1 R). You may require deletion of the arbitration provision of the Owner Policy. If you do not delete this provision, either you or the Company may require arbitration, if the law allows. There is no charge to delete this provision. IF YOUR POLICY IS NOT A TEXAS RESIDENTIAL OWNER POLICY (T -1R), YOU MAY REQUIRE DELETION OF THE ARBITRATION PROVISION BY MARKING OUT THIS PARAGRAPH 4. 5. Notice You may wish to consult an attorney to discuss matters shown in Schedule B or C of the Commitment. These matters will affect your title and use of your land. Your Title Insurance Policy will be a legal contract between you and the Titled Insurer. The Commitment and Policy are not abstracts of title, title reports or representations of title. They are contracts of indemnity. We do not represent that your intended use of the property is allowed under the law or under the restrictions or exceptions affecting your property. Date: January 13, 2013 Signature: Karen Jackson INITIAL ESCROW ACCOUNT DISCLOSURE STATEMENT Borrower(s): KAREN JACKSON Lender: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS 221 EAST 11TH STREET AUSTIN, TRAVIS COUNTY, TEXAS 78701 Property Address: 121 AVENUE D; HUNTSVILLE, WALKER County, TEXAS 77320 Loan Number: 770999126106 Case Number: Date: JANUARY 09, 2014 This is an estimate of activity in your escrow account during the coming year, based on payments anticipated to be made from your account. Month Payment to Payment from Description Escrow Account Escrow Account Escrow Account Balance Starting Balance $ 243.02 MARCH 2014 243.03 486.05 APRIL 2014 243.03 729.08 MAY 2014 243.03 972.11 JUNE 2014 243.03 1,215.14 JULY 2014 243.03 1,458.17 AUGUST 2014 243.03 1,701.20 SEPTEMBER 2014 243.03 2,257.68 PROPERTY TAXES 1,944.23 OCTOBER 2014 243.03 658.67 HAZARD INSURANCE 2,187.26 NOVEMBER 2014 243.03 2,430.29 DECEMBER 2014 243.03 2,257.68 PROPERTY TAXES 415.64 JANUARY 2015 243.03 658.67 HAZARD INSURANCE .00 FEBRUARY 2015 243.03 243.03 ,916.36 $ 2,916.35 PLEASE KEEP THIS STATEMENT FOR COMPARISON WITH THE ACTUAL ACTIVITY IN YOUR ACCOUNT AT THE END OF THE ESCROW ACCOUNTING COMPUTATION YEAR. Cushion selected by servicer $ . 00 Cushion months selected by servicer 0 Your monthly mortgage payment for the coming year will be $ 418. 87 , of which $ 175. 84 , is for principal and interest and $ 243.03 , will go into your escrow account. 0 a )-n, KAREN JACKSON Initial Escrow Account Disclosure Statement Form - RESPADSC -1500 (Ver. 01 -2009) ORIGINAL FEDERAL TRUTH -IN- LENDING Creditor: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS 221 EAST 11TH STREET AUSTIN, TRAVIS COUNTY, TEXAS 78701 Borrower(s): KAREN JACKSON Property Address: 121 AVENUE D; IUNTSVILLE, WALKER County, TEXAS 77320 Mailing address: DISCLOSURE STATEMENT Date: 01 -09 -14 Loan No.: 770999126100 Loan Amount: $ 63, 303.00 Interest Rate: 0 . 0 0 % ANNUAL PERCENTAGE RATE FINANCE CHARGE AMOUNT FINANCED TOTAL OF PAYMENTS The cost of your credit as a yearly rate. The dollar amount the credit The amount of credit provided The amount you will have will cost you. to you or on your behalf. paid after you have made all payments as scheduled. 0.00 % $ 0.00 $ 63,303.00 $ 63,303.00 INTEREST RATE AND PAYMENT SUMMARY Rate and Monthly Payment Interest Rate 0.00 % Principal + Interest Payment 175.84 Estimated Taxes + Insurance (Escrow) $ 243.03 Total Estimated Monthly Payment $ 418.87 There is no guarantee that you will be able to refinance to lower your rate and payments. Demand Feature: This obligation ( ) has a demand feature ( XX ) has no demand feature. Variable Feature: This obligation ( ) has a variable rate feature ( XX ) has no variable rate feature. If this loan contains a variable rate feature, disclosure about the variable rate feature have been provided to you earlier. Please refer to your Adjustable Rate Mortgage Disclosure for additional information regarding interest rate and payment changes. Security: You are giving a security interest in the property located at: 121 AVENUE D; HUNTSVILLE, WALKER County, TEXAS 77320 Late Charge: If the payment is more than 15 days late, you will be charged 5 . 000 % of the payment of principal and interest. Prepayment: If you pay off early, you ( ) may ( XX ) will not have to pay a penalty. ) may ( XX ) will not be entitled to a refund of part of the finance charge. ( Insurance: You may obtain property insurance from anyone you want that is acceptable to the Creditor. Credit life and credit disability insurance ( ) are ( XX ) are not required to obtain credit. Assumption: Someone buying your home ( XX) may not ( ) may ( ) may, subject to conditions, be allowed to assume the remainder of the mortgage on the original terms. Filing Fees: $ See your contract documents for any additional information about nonpayment, default, any required repayment in full before the scheduled date, prepayment refunds, penalties, security interest and the policy of the Creditor regarding assumption of the mortgage. YOU ARE NOT REQUIRED TO COMPLETE THIS AGREEMENT MERELY BECAUSE YOU HAVE RECEIVED THESE DISCLOSURES OR SIGNED A LOAN APPLICATION. I (We) hereby ackrywledgc receiving and reading a completed copy of the disclosures made in this notice. Borrower KAREN JACKSON t/Y1 cic/Jirvu Date Borrower Borrower Docprep Services, Inc. Form - REGZF -9625 (Rev. 01 -2012) ORIGINAL Date Date Borrower (Owner Occupied) (Purchase) Date ITEMIZATION OF AMOUNT Creditor: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS 221 EAST 11TH STREET AUSTIN, TRAVIS COUNTY, TEXAS 78701 Borrower(s): KAREN JACKSON FINANCED Date: Loan No.: Loan Amount: Interest Rate: AMOUNT FINANCED $ 63,303.00 AMOUNT PAID TO OTHERS ON YOUR BEHALF: PREPAID FINANCE CHARGES: for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for for 658.67 for HAZARD INSURANCE PREMIUM 109.78 for HAZARD INS IMPOUND 2 MONTHS for for for for 376.28 for COUNTY TAX IMPOUND 2 MOS for for for — 243.04 }for AGGREGATE ADJUSTMENT for for for for for for for for for for for E$ 901.69 TOTAL PAID TO OTHERS E$ for E$ 300.00 for E$ 25.00 for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for 01 -09 -14 77099912610b 63,303.00 0.00 PREPAID INTEREST DAYS CLOSING /ESCROW /SETTLEMENT FEE DELIVERY FEE E$ I/We)ereby ack ledge the receipt of this Itemization of the Amount Financed. A141 I ( ,k/)-(tv} 1---13 iii- Borrower Date Borrower KAREN JACKSON Borrower Itenuzation of Amount Financed Form - REGZITM - 9634 (Ver. 08 -2009) ORIGINAL 325.00 TOTAL PREPAID FINANCE CHARGES E - Means an Estimate b - Means Fee Paid to Broker POC - Means Paid Outside of Closing PBS - Means Fee Paid by Seller PBL - Means Fee Paid by Lender PBB - Means Fee Paid by Broker PBR - Means Fee Paid by Realtor PBO - Means Fee Paid by Other Other - Means Credit or Negative Amount { } Date Date Borrower Date (Owner Occupied) (Purchase) -HCO JANUARY 09, 2014 NOTICE OF INVALIDITY OF ORAL AGREEMENTS TO: Borrower and all other Debtors, Contractors and Obligors with respect to the Loan which is identified below. 1. THE WRITTEN LOAN AGREEMENT REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. 2. As used in this Notice: "Borrower" means the Borrower identified below. "Debtor" and "Obligor" means any entity or individual who (i) is obligated to pay the Note or (ii) otherwise is or becomes obligated to pay the Loan (for example, as cosigner or guarantor) or (iii) has pledged any property as security for the Loan. "Lender" means Texas Department of Housing and Community Affairs, a public and official agency of the State of Texas. "Loan" means the loan by Lender which is to be evidenced by NSP Deferred forgivable Subordinate Lien Note, dated of even date herewith, executed by Borrower, payable to the order of Lender in the original principal face amount of $ 63,303.00 ( "Note "). "Loan Agreement" means one or more promises, promissory notes, undertakings, security agreements, deeds of trust or other documents, or commitments, or any combination of those actions or documents, relating to the Loan. 3. This Notice is given by Lender with respect to the Loan, pursuant to Section 26.02 of the Texas Business and Commerce Code. Each Borrower, Debtor, Contractor and Obligor who signs below acknowledges, represents, and warrants to Lender that Lender has given and such party has received and retained a copy of this Notice on the date stated above. BORROWER: 1<kt.i.4/1 KAREN JACKSO c/(/)vv✓ LENDER: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS, a public and official agency of thr State of Tex By: Name: !li (?Ct ' l l r WOC- C 401A-1 Its: Duly authorized officer or representative LOAN NO.: 77099912610b Form - TDHCAORI -1208 (Ver. 11 -2013) ORIGINAL DOCUMENT CORRECTION AGREEMENT LENDER: TEXAS DEPARTMENT OF IIOUSING AND COMMUNITY AFFAIRS, a public and official agency of the State of Texas BORROWER: KAREN JACKSON PROPERTY: 121 AVENUE D HUNTSVILLE, WALKER County, TEXAS 77320 DATE: JANUARY 09, 2014 AGREEMENT TO CORRECT MISSTATED INFORMATION OR PROVIDE ADDITIONAL DOCUMENTATION OR FEES: In consideration of Lender disbursing funds for the closing of the Loan secured by the Property being encumbered, and regardless of the reason for any loss, misplacement, or inaccuracy in any Loan documentation, Borrower(s) agrees as follows: If any document is lost, misplaced, misstated or inaccurately reflects the true and correct terms and conditions of the Loan, upon request of the Lender, Borrower(s) will comply with Lender's request to execute, acknowledge, initial and deliver to Lender any documentation Lender deems necessary to replace or correct the lost, misplaced, misstated or inaccurate document(s). If the original parity lien real estate note is replaced, the Lender hereby indemnifies the Borrower(s) against any loss associated with a demand on the original note. All documents Lender requests of Borrower(s) shall be referred to as "Replacement Documents." Borrower(s) agrees to deliver the Replacement Documents within ten (10) days after receipt by Borrower(s) of a written request for such replacements. Borrower(s) also agrees that upon request Borrower(s) will supply additional amounts and /or pay to Lender any additional sum previously disclosed to Borrower(s) as a cost or fee associated with the Loan, which for whatever reason was not collected at closing. REQUEST BY LENDER: Any request under this Agreement may be made by the Lender, (including assignees and persons acting on behalf of the Lender) or Settlement Agent, and shall be prima facie evidence of the necessity for same. A written statement addressed to Borrower(s) at the address indicated in the Loan documentation shall be considered conclusive evidence of the necessity for Replacement Documents. BORROWER LIABILITY: If Borrower(s) fails or refuses to execute, acknowledge, initial and deliver the Replacement Documents or provide the Additional Documents or fees to Lender more than ten (10) days after being requested to do so by Lender, and understanding that Lender is relying on these representations, Borrower(s) agree(s) to be liable for any and all loss or damage which Lender reasonably sustains thereby, including but not limited to all reasonable attorney's fees and costs incurred by Lender. FAILURE TO DELIVER REPLACEMENT DOCUMENTS CAN CONSTITUTE DEFAULT: Borrower's failure or refusal to comply with the terms of the correction request may constitute a default under the note and /or deed of trust, and may give Lender the option of declaring all sums secured by the loan documents immediately due and payable. This Agreement shall survive the closing of the Loan, and inure to the benefit of Lender's successors and assigns and be binding upon the heirs, devisees, personal representatives, successors and assigns of Borrower(s). BORROWER: L/ el41// C orrower KAREN JACKSON 113/ Date Borrower Date Borrower Date Borrower Date LOAN NO.: 77099912610b TDHCANSPERROR Form - TDfCADOC -1985 (Ver. 09 -2013) ORIGINAL HAZARD INSURANCE AUTHORIZATION AND REQUIREMENTS LENDER: TEXAS DEPARTMENT OF HOUSING DATE: JANUARY 09, 2014 AND COMMUNITY AFFAIRS LOAN NO.: 77099912610b ESCROW CO.: WALKER COUNTY TITLE 1109 UNIVERSITY AVENUE; IUNTSVILLE, TX 77340 BORROWER'S NAME(S): KAREN JACKSON ESCROW NO.: 201306627 PROPERTY ADDRESS: 121 AVENUE D; HUNTSVILLE, WALKER County, TEXAS 77320 Listed below are your Lenders policies and procedures, and minimum requirements, for the Hazard Insurance which must be provided covering the subject property. 1. Coverage must be in an amount at least equal to the sum of this loan plus any existing prior liens. If your loan program allows for potential negative amortization, your lender may require that the amount of coverage be increased to protect the amount of potential negative amortization. 2. The insurance company providing coverage must have an "A" rating or better in the latest edition of "Best's Insurance Guide," must be licensed in the State in which the property described above is located, and must be licensed to transact the lines of insurance required in this transaction. 3. Policy shall provide at least "Broad Form" coverage on properties of one to four units, and at least "Vandalism & Malicious Mischief' on properties with over four units, with no deviation. Homeowners policies must provide coverage equal to "HO 2" form. 4. Policies must contain deductibles on any peril of NOT MORE THAN: $100.00 for loans of $50,000.00 or less; $250.00 for loans between $50,001.00 and $100,000.00; $500.00 for loans in excess of $100,000.00, and $1,000.00 for loans of $1,000,000.00 or more. 5. Policy must provide coverage for a term of at least one year. Premiums may be paid on an annual installment basis only if the policy provides that the Lender will be notified in writing of cancellation 30 days prior to expiration of coverage, for any cause. Binders are not acceptable. 6. If an existing policy is provided which will expire within six months from the date of the recording of this loan, said policy must be renewed for the required term as noted in #5 above. 7. All forms and endorsements pertaining to the Lenders requirements must appear on the "Declaration Page" of the policy. 8. New policies must be accompanied by a signed "Broker of Record Authorization" if borrower(s) have changed Insurance Agents. 9. Verification of renewal of insurance policies must be in the Lenders office at least thirty days prior to the expiration date of the existing policy. If this requirement is not met, the LENDER OR ITS SUCCESSORS OR ASSIGNS MAY AT THEIR OPTION, BUT WITHOUT OBLIGATION TO DO SO, PROVIDE COVERAGE TO REPLACE ANY EXPIRING POLICIES WHICH HAVE NOT BEEN PROPERLY RENEWED. The premium for such coverage will be remitted promptly by the undersigned, or Lender may charge borrower's account for the cost thereof. 10. Lender's Loss Payable Endorsement 438 BFU to be affixed in favor of: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS, a public and official agency of the State of Texas ( "TDHCA "). ITS SUCCESSORS AND /OR ASSIGNS 221 EAST 11TH STREET AUSTIN, TRAVIS COUNTY, TEXAS 78701 LOAN NO.: 77099912610b 11. Property address and insureds name must be designated on the policy as on the ALTA Title Policy. 12. The Lender's loan number must appear on the policy and any subsequent endorsements. 13. Effective date of new policies, endorsements, and /or assignments shall be as of, or prior to, the date of recording of this loan. 14. Please notify your agent to forward future premium notices directly to you. 15. If the security property is a condominium, the master insurance policy must contain a minimum of $1,000,000.00 coverage for "Directors & Officers" liability. A copy of the master policy must be submitted to the Lender prior to funding. All policies, assignments, and /or endorsements necessary for the completion of this loan escrow are to be forwarded to the Lender's address shown above. Please add: "Attention: Loan Processing." AN ACCEPTABLE POLICY, WITH ENDORSEMENTS AND /OR ASSIGNMENTS, MUST BE FORWARDED TO AND RECEIVED BY LENDER BEFORE THIS LOAN CAN BE FUNDED: OTHERWISE, LENDER MAY BE FORCED TO PLACE INTERIM COVERAGE ON THE PROPERTY AT AN ADDITIONAL COST TO THE BORROWER(S). Each of the undersigned acknowledges that he or she has read and understands the foregoing provisions and insurance requirements. This authorization will remain irrevocable for the undersigned as owner(s) of the subject property, and for any assignees, for as long as this loan remains on subject property. KAREN JACKSON (Borrower) (Borrower) (Borrower) (Borrower) Hazard Insurance Authorization & Requirements Form - ICIHAZRD - 0189 (Ver. 11 -2008) ORIGINAL LENDER: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS BORROWER(S): KAREN JACKSON LOAN AMOUNT: $ 63,303.00 PROPERTY: 121 AVENUE D HUNTSVILLE, WALKER County, TEXAS 77320 LOAN NO: 77099912610b DATE: JANUARY 09, 2014 MINERAL RIGHTS ACKNOWLEDGMENT AND AGREEMENT Borrower is executing this Mineral Rights Acknowledgment and Agreement as a material inducement to Lender to make Borrower the Loan secured by liens on the Property. Borrower understands that the Property may be subject to mineral development rights, the exercise of which could result in a taking or damage to any or all of the Property. Borrower further understands that the party desiring to exercise its mineral development rights may give notice of its intention to exercise such rights and may be liable to Borrower for reimbursement of any taking or any damage to the Property resulting from its exercise of such mineral development rights. Borrower hereby agrees to immediately give written notice to Lender (1) at the Lender's address as set forth in the Deed of Trust securing the Loan, or (2) at such other place as Lender, or noteholder if different than Lender, may direct Borrower in writing from time to time, of any action or proposed action to be taken in connection with the development of mineral rights in, on or around the Property. Borrower further agrees that if there is (1) any taking or damage to the Property and (2) if any reimbursement or compensation is paid for such taking or damage, then such reimbursement or compensation shall be paid directly to the Lender or noteholder if different from Lender, and applied by Lender, first, to the reduction of the principal balance of the note evidencing the Loan, and then to any and all charges accruing thereon incuding accrued and unpaid interest therein as long as the Loan remains outstanding and unsatisfied. Further, Borrower agrees that Borrower will neither consent to nor execute any documents to transfer, convey, assign, sell, or lease any mineral development rights on the Property to any person or entity during the term of the Loan, without prior written consent of Lender. Borrower agrees to defend, indemnify and hold Lender, its successors or its assigns, harmless from any and all loss, damage or expense arising from or related to the Borrower not giving Lender, its successors or its assigns, proper and timely notice of any exercise or threatened exercise of mineral development rights in or upon the Property by any person or entity. Borrower hereby acknowledges that Borrower has read this Agreement and fully understands its terms and implications and Borrower is executing this Agreement the same day as the date of execution of Note and Deed of Trust evidencing and securing the Loan, as a material inducement to Lender to make the Loan on the Property. Nothing herein is intended to conflict with any provision of the Note and Deed of Trust, but is to be an amplification thereof. Borrower further represents to Lender that there is no current surface activity in connection with oil, gas or mineral exploration or production within a distance of 500 feet from any boundary of said Property. )6u, KAREN JACKSON - Borrower - Borrower THE STATE OF COUNTY OF This instrument by KAREN JACKSON - Borrower } was acknowlNs4xe the on the x:40 - Borrower ATE 00 • ��••• My Commission Expires: •AS ...... b1/4 g - /yr /y 1,9 0, °0 "lo i�t t �° ° ° Nota f' ublic v Notary's Na //kil/t) 740/47-0 Printed) Mineral Rights Achnowledgment and Agreement Form - MINERAL3 -4238 (Ver. 05 -2009) ORIGINAL SERVICING DISCLOSURE STATEMENT Lender: Date: TEXAS DEPARTMENT OF HOUSING JANUARY 09, 2014 AND COMMUNITY AFFAIRS Borrower: KAREN JACKSON Property Address: 121 AVENUE D HUNTSVILLE, WALKER County, TEXAS 77320 Loan No.: 77099912610b NOTICE TO FIRST LIEN MORTGAGE LOAN APPLICANTS: THE RIGHT TO COLLECT YOUR MORTGAGE LOAN PAYMENTS MAY BE TRANSFERRED. You are applying for a mortgage loan covered by the Real Estate Settlement Procedures Act (RESPA) (12 U.S.C. 2601 et seq.). RESPA gives you certain rights under federal law. This statement describes whether the servicing for this loan may be transferred to a different loan servicer. "Servicing" refers to collecting your principal, interest, and escrow payments, if any, as well as sending any monthly or annual statements, tracking account balances, and handling other aspects of your loan. You will be given advance notice before a transfer occurs. Servicing Transfer Information The following is the best estimate of what will happen to the servicing of your mortgage loan: We may assign, sell, or transfer the servicing of your loan while the loan is outstanding. 0 We do not service mortgage loans of the type for which you applied. We intend to assign, sell or transfer the servicing of your mortgage loan before the first payment is due. O The loan for which you have applied will be serviced at this financial institution and we do not intend to sell, transfer, or assign the servicing of the loan. By signing below, I /we acknowledge receiving a copy of this disclosure. KAREN JACKSON (Seal) (Seal) - Borrower - Borrower (Seal) (Seal) - Borrower - Borrower Servicing Disclosure Statement Form - SERVDISI.6283 (Ver. 01 -2009) ORIGINAL Borrower's Certification and Quality Control Authorization As part of an ongoing effort to assure that all mortgage loans are originated in accordance with accepted standards of professional ethics and business practices, a quality control audit is performed on a random sampling of loans. As a result of this sampling, an audit may be performed on your loan before or after closing. Certification The undersigned certify the following: 1. I/We have applied for a mortgage loan from TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender). In Applying for the loan, I /we completed a loan application containing various information on the purpose of the loan, the amount and source of the downpayment, employment and income information, and assets and liabilities. I/We certify that all of the information is true and complete. I/We made no misrepresentations in the loan application or other documents, nor did I /we omit any pertinent information. 2. I /We understand and agree that TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS to change the mortgage loan review process to a full documentation program. This may provided on the application with the employer and /or the financial institution. (the Lender) reserves the right include verifying the information 3. I/We fully understand that it is a Federal crime punishable by line or imprisonment, or both, to knowingly make any false statements when applying for this mortgage, as applicable under the provisions of Title 18, United States Code, Section 1014. Authorization to Release Information To Whom It May Concern: 1. I/We have applied for a mortgage loan from TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender). As part of the application process or the quality control audit, TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender) and the mortgage guaranty insurer (if any), may verify or re- verify information contained in my /our loan application and in other documents required in connection with the loan, either before or after the loan is closed. 2. I \We authorize you to provide to TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender) or a third party authorized by the Lender, and to any investor to whom TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender) may sell my mortgage, and to the mortgage guaranty insurer (if any), and all information and documentation that they request. Such information includes, but is not limited to, employment history and income; bank, money market, and similar account balances; credit history; and copies of income tax returns. 3. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender) or any investor that purchases the mortgage, or the mortgage guaranty insurer (if any), may address this authorization to any party named in the loan application. 4. A copy of this authorization may be accepted as an original. 5. Your prompt reply to TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS that purchased the mortgage or the mortgage guaranty insurer (if any) is appreciated. 6. Mortgage guaranty insurer (if any): Y-Ck-P/Y1- /t/Oki)' H3. -7 Borrower Date Borrower KAREN JACKSON Borrower (the Lender) or the investor Date Date Borrower LOAN NO.: 77099912610b Borrower's Ccrt and QC Authorization Form - FNMA1097 -0208 (Ver. 02 -2011) ORIGINAL Date FNMA FORM 1097 FEDERAL TRUTH -IN- LENDING DISCLOSURE STATEMENT Creditor: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS 221 EAST 11TH STREET AUSTIN, TRAVIS COUNTY, TEXAS 78701 Borrower(s): KAREN JACKSON Property Address: 121 AVENUE D; HUNTSVILLE, WALKER County, TEXAS 77320 Mailing address: Date: 01 -09 -14 Loan No.: 77099912610c Loan Amount: $ 28,197.00 Interest Rate: 0.00 % ANNUAL PERCENTAGE RATE FINANCE CHARGE AMOUNT FINANCED TOTAL OF PAYMENTS The cost of your credit as a yearly rate. The dollar amount the credit The amount of credit provided The amount you will have will cost you. to you or on your behalf. paid after you have made all payments as scheduled. 0.00 % $ 0.00 $ 28,197.00 $ 28,197.00 INTEREST RATE AND PAYMENT SUMMARY Rate and Annual Payment Interest Rate 0.00 Principal + Interest Payment Estimated Taxes + Insurance (Escrow) $ .00 Total Estimated Annual Payment $ 2,819.70 There is no guarantee that you will be able to refinance to lower your rate and payments. Demand Feature: This obligation ( ) has a demand feature ( XX ) has no demand feature. Variable Feature: This obligation ( ) has a variable rate feature ( XX ) has no variable rate feature_ If this loan contains a variable rate feature, disclosure about the variable rate feature have been provided to you earlier. Please refer to your Adjustable Rate Mortgage Disclosure for additional information regarding interest rate and payment changes. Security: You are giving a security interest in the property located at: 121 AVENUE D; HUNTSVILLE, WALKER County, TEXAS 77320 Late Charge: If the payment is more than 10 days late, you will be charged 5.000 % of the payment of principal and interest. Prepayment: If you pay off early, you ( ) may ( XX ) will not have to pay a penalty. ( ) may ( XX ) will not be entitled to a refund of part of the finance charge. Insurance: You may obtain property insurance from anyone you want that is acceptable to the Creditor. Credit life and credit disability insurance ( ) are ( XX ) are not required to obtain credit. Assumption: Someone buying your home ( XX) may not ( ) may ( ) may, subject to conditions, be allowed to assume the remainder of the mortgage on the original terms. Filing Fees: $ See your contract documents for any additional information about nonpayment, default, any required repayment in full before the scheduled date, prepayment refunds, penalties, security interest and the policy of the Creditor regarding assumption of the mortgage. YOU ARE NOT REQUIRED TO COMPLETE THIS AGREEMENT MERELY BECAUSE YOU HAVE RECEIVED THESE DISCLOSURES OR SIGNED A LOAN APPLICATION. I (We) hereby acknowledge receiving and reading a completed copy of the disclosures made in this notice. J/Y\ tsorrowr KAREN JACKS Date Borrower Borrower Docprep Services, Inc. Form - REGZF -9625 (Rev. 01 -2012) ORIGINAL Date Date Borrower (Owner Occupied) (Purchase) Date ITEMIZATION OF AMOUNT FINANCED Creditor: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS 221 EAST 11TH STREET AUSTIN, TRAVIS COUNTY, TEXAS 78701 Borrower(s): KAREN JACKSON Date: 01 -09 -14 Loan No.: 77099912610c Loan Amount: 28 ,197.00 Interest Rate: 0. 0 0 AMOUNT FINANCED $ 28 ,197.00 AMOUNT PAID TO OTHERS ON YOUR BEHALF: PREPAID FINANCE CHARGES: E$ I/W �heArenby ackn Eil orrower E$ for PREPAID INTEREST $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for $ for DAYS E$ . 00 TOTAL PREPAID FINANCE CHARGES . 00 TOTAL PAID TO OTHERS edge the receipt of this Itemization of the Amount Financed. KAREN JACKSON f-( Date Borrower Itenuzation of Amount Financed Form - REGZITM - 9634 O'er. 08-2009) ORIGINAL E - Means an Estimate b - Means Fee Paid to Broker POC - Means Paid Outside of Closing PBS - Means Fee Paid by Seller PBL - Means Fee Paid by Lender PBB - Means Fee Paid by Broker PBR - Means Fee Paid by Realtor PBO - Means Fee Paid by Other Other - { J Means Credit or Negative Amount Borrower Date Date Borrower Date (Owner Occupied) (Purchase) -HCO JANUARY 09, 2014 NOTICE OF INVALIDITY OF ORAL AGREEMENTS TO: Borrower and all other Debtors, Contractors and Obligors with respect to the Loan which is identified below. 1. THE WRITTEN LOAN AGREEMENT REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. 2. As used in this Notice: "Borrower" means the Borrower identified below. "Debtor" and "Obligor" means any entity or individual who (i) is obligated to pay the Note or (ii) otherwise is or becomes obligated to pay the Loan (for example, as cosigner or guarantor) or (iii) has pledged any property as security for the Loan. "Lender" means Texas Department of Housing and Community Affairs, a public and official agency of the State of Texas. "Loan" means the loan by Lender which is to be evidenced by NSP Deferred forgivable Subordinate Lien Note, dated of even date herewith, executed by Borrower, payable to the order of Lender in the original principal face amount of $ 28,197.00 ( "Note "). "Loan Agreement" means one or more promises, promissory notes, undertakings, security agreements, deeds of trust or other documents, or commitments, or any combination of those actions or documents, relating to the Loan. 3. This Notice is given by Lender with respect to the Loan, pursuant to Section 26.02 of the Texas Business and Commerce Code. Each Borrower, Debtor, Contractor and Obligor who signs below acknowledges, represents, and warrants to Lender that Lender has given and such party has received and retained a copy of this Notice on the date stated above. BORROWER: LENDER: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS, a public and official agency of the State of Tex. s By: Name: tvi pi/Ara/1 r L t "/C tc0004y, Its: Duly authorized officer or representative LOAN NO.: 77099912610c Fonn - TDHCAORI -1208 (Ver. 11 -2013) ORIGINAL LENDER: TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS BORROWER(S): KAREN JACKSON LOAN AMOUNT: $ 28,197.00 PROPERTY: 121 AVENUE D HUNTSVILLE, WALKER County, TEXAS 77320 LOAN NO: 77099912610c DATE: JANUARY 09, 2014 MINERAL RIGHTS ACKNOWLEDGMENT AND AGREEMENT Borrower is executing this Mineral Rights Acknowledgment and Agreement as a material inducement to Lender to make Borrower the Loan secured by liens on the Property. Borrower understands that the Property may be subject to mineral development rights, the exercise of which could result in a taking or damage to any or all of the Property. Borrower further understands that the party desiring to exercise its mineral development rights may give notice of its intention to exercise such rights and may be liable to Borrower for reimbursement of any taking or any damage to the Property resulting from its exercise of such mineral development rights. Borrower hereby agrees to immediately give written notice to Lender (1) at the Lender's address as set forth in the Deed of Trust securing the Loan, or (2) at such other place as Lender, or noteholder if different than Lender, may direct Borrower in writing from time to time, of any action or proposed action to be taken in connection with the development of mineral rights in, on or around the Property. Borrower further agrees that if there is (1) any taking or damage to the Property and (2) if any reimbursement or compensation is paid for such taking or damage, then such reimbursement or compensation shall be paid directly to the Lender or noteholder if different from Lender, and applied by Lender, first, to the reduction of the principal balance of the note evidencing the Loan, and then to any and all charges accruing thereon incuding accrued and unpaid interest therein as long as the Loan remains outstanding and unsatisfied. Further, Borrower agrees that Borrower will neither consent to nor execute any documents to transfer, convey, assign, sell, or lease any mineral development rights on the Property to any person or entity during the term of the Loan, without prior written consent of Lender. Borrower agrees to defend, indemnify and hold Lender, its successors or its assigns, harmless from any and all loss, damage or expense arising from or related to the Borrower not giving Lender, its successors or its assigns, proper and timely notice of any exercise or threatened exercise of mineral development rights in or upon the Property by any person or entity. Borrower hereby acknowledges that Borrower has read this Agreement and fully understands its terms and implications and Borrower is executing this Agreement the salve day as the date of execution of Note and Deed of Trust evidencing and securing the Loan, as a material inducement to Lender to make the Loan on the Property. Nothing herein is intended to conflict with any provision of the Note and Deed of Trust, but is to be an amplification thereof. Borrower further represents to Lender that there is no current surface activity in connection with oil, gas or mineral exploration or production within a distance of 500 feet from any boundary of said Property. L. A& 1 KAREN JACKSO - Borrower - Borrower THE STATE COUNTY OF - Borrower This instrument was acknowledged before me on the 0j0N1111N11H /psi , , PNTH9% >-"rs 4i My Commission Expire s 144 �.P • f OF .�E '''.(i, <iii. 04-i tI ...Pt ‘,$' by KAREN JACKSON /3 day of - Borrower No Public Notary's Name (Printed) Mineral Rights Achnowledgment and Agreement Form - MINERAL3 -4238 (Ver. 05-2009) ORIGINAL SERVICING DISCLOSURE STATEMENT Lender: Date: TEXAS DEPARTMENT OF HOUSING JANUARY 09, 2014 AND COMMUNITY AFFAIRS Borrower: KAREN JACKSON Property Address: 121 AVENUE D HUNTSVILLE, WALKER County, TEXAS 77320 Loan No.: 77099912610c NOTICE TO FIRST LIEN MORTGAGE LOAN APPLICANTS: TIIE RIGHT TO COLLECT YOUR MORTGAGE LOAN PAYMENTS MAY BE TRANSFERRED. You are applying for a mortgage loan covered by the Real Estate Settlement Procedures Act (RESPA) (12 U.S.C. 2601 et seq.). RESPA gives you certain rights under federal law. This statement describes whether the servicing for this loan may be transferred to a different loan servicer. "Servicing" refers to collecting your principal, interest, and escrow payments, if any, as well as sending any monthly or annual statements, tracking account balances, and handling other aspects of your loan. You will be given advance notice before a transfer occurs. Servicing Transfer Information The following is the best estimate of what will happen to the servicing of your mortgage loan: We may assign, sell, or transfer the servicing of your loan while the loan is outstanding. O We do not service mortgage loans of the type for which you applied. We intend to assign, sell or transfer the servicing of your mortgage loan before the first payment is due. DI The loan for which you have applied will be serviced at this financial institution and we do not intend to sell, transfer, or assign the servicing of the loan. By signing below, I /we acknowledge receiving a copy of this disclosure. KAREN JACKSON (Seal) (Seal) - Borrower - Borrower (Seal) (Seal) - Borrower - Borrower Servicing Disclosure Statement Form - SERVDISI -6283 (Ver. 01 -2009) ORIGINAL Borrower's Certification and Quality Control Authorization As part of an ongoing effort to assure that all mortgage loans are originated in accordance with accepted standards of professional ethics and business practices, a quality control audit is performed on a random sampling of loans. As a result of this sampling, an audit may be perfonned on your loan before or after closing. Certification The undersigned certify the following: 1. I /We have applied for a mortgage loan from TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender). In Applying for the loan, I /we completed a loan application containing various information on the purpose of the loan, the amount and source of the downpayment, employment and income information, and assets and liabilities. I/We certify that all of the information is true and complete. I/We made no misrepresentations in the loan application or other documents, nor did I /we omit any pertinent information. 2. I /We understand and agree that TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender) reserves the right to change the mortgage loan review process to a full documentation program. This may include verifying the information provided on the application with the employer and /or the financial institution. 3. I/We fully understand that it is a Federal crime punishable by fine or imprisonment, or both, to knowingly make any false statements when applying for this mortgage, as applicable under the provisions of Title 18, United States Code, Section 1014. Authorization to Release Information To Whom It May Concern: 1. I /We have applied for a mortgage loan from TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender). As part of the application process or the quality control audit, TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender) and the mortgage guaranty insurer (if any), may verify or re- verify information contained in my /our loan application and in other documents required in connection with the loan, either before or after the loan is closed. 2. I \We authorize you to provide to TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender) or a third party authorized by the Lender, and to any investor to whom TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender) may sell my mortgage, and to the mortgage guaranty insurer (if any), and all information and documentation that they request. Such information includes, but is not limited to, employment history and income; bank, money market, and similar account balances; credit history; and copies of income tax returns. 3, TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (the Lender) or any investor that purchases the mortgage, or the mortgage guaranty insurer (if any), may address this authorization to any party named in the loan application. 4. A copy of this authorization may be accepted as an original. 5. Your prompt reply to TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS that purchased the mortgage or the mortgage guaranty insurer (if any) is appreciated. 6. Mortgage guaranty insurer (if any): orrower KAREN JACKSON /-0-/S (the Lender) or the investor Date Borrower Date Borrower Date Borrower LOAN NO.: 77099912610e Borrower's Cert and QC Authorization Form - FNMA1097 -0208 (Ver. 02.2011) ORIGINAL Date FNMA FORM 1097