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OMB NO.2502 2 <br /> A. B. TYPE OF LOAN: <br /> U.S.DEPARTMENT OF HOUSING&URBAN DEVELOPMENT 1.[]FHA 2.E]FmHA 3.[]CONV.UNINS. 4.QVA 5.QCONV.INS. <br /> 6. FILE NUMBER: 7. LOAN NUMBER: <br /> SETTLEMENT STATEMENT 2 <br /> 8. MORTGAGE INS CASE NUMBER: <br /> 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. <br /> Items marked'(POCJ"were paid outside the dosing;they are shown here for informational purposes and are not included in the totals. <br /> D. NAMEAND ADDRESS OF BORROWER: E. NAMEAND ADDRESS OF SELLER: F. NAMEAND ADDRESS OF LENDER: <br /> City of Batesville,Arkansas BN Simpson Holdings LLC <br /> G. PROPERTY LOCATION: H. SETTLEMENTAGENT I. SETTLEMENT DATE: <br /> 300 Blossom Drive Independence County Abstract Co.,Inc. <br /> Batesville,AR 72501 July 15,2024 <br /> Independence County,Arkansas PLACE OF SETTLEMENT <br /> Lots 1 &2,Block 3,Heasley's 150 South Broad Street,P.O.Box 2015 <br /> Addition Batesville,AR 72503 <br /> J.SUMMARY OF BORROWER'S TRANSACTION K.SUMMARY OF SELLER'S TRANSACTION <br /> 100, GROSS AMOUNT DUE FROM BORROWERm 400, GROSS A OUNT DUE TO-SELLER* <br /> 101. Contract Sales Price 225,000.00 401. Contract Sales Price 225,000.00 <br /> 102. Personal Property 402. Personal Property <br /> 103. Settlement Charges to Borrower Line 1400 942.25 403. <br /> 104. 404. <br /> 105. 405. <br /> n For l m r r in advanceAUjIustments Forl r ll rin advance <br /> 106. City/Town Taxes to 406. City/Town Taxes to <br /> 107. 2024 RETaxes to 407. 2024 RETaxes to <br /> 108. Assessments to 408. Assessments to <br /> 109. 409. <br /> 110. 410. <br /> 111. 1411. <br /> 112. 412. <br /> 120. GROSS AMOUNT DUE FROM BORROWER 225,942.25 420. GROSS AMOUNT DUE TO SELLER 225,000.00 <br /> 200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER: 500.REDUCTIONS IN AMOUNT DUE TO SELLER: <br /> 201. Deposit or earnest money 501. Excess Deposit See Instructions <br /> 202. Principal Amount of New Loans 502. Settlement Charges to Seller Line 1400 4,793.24 <br /> 203. Existing loans taken subject to 503. Existing loans taken subject to <br /> 204. 504. Payoff of first Mortgage <br /> 205. 505. Payoff of second Mortgage <br /> 206. 506. <br /> 207. 507. <br /> 208. 508. <br /> 209. 509. <br /> Ag�ustments For tems Un ai Seiler Adjustments For Items Unpaid By r <br /> 210. CityfTown Taxes to 510. City/Town Taxes to <br /> 211. 2024 RETaxes 01/01/24 to 07/16/24 925.51 511. 2024 RETaxes 01/01/24 to 07/16/24 925.51 <br /> 212. Assessments to 512. Assessments to <br /> 213. 513. <br /> 214. 514. <br /> 215• 515. <br /> 216. 516. <br /> 217. 517. <br /> 218, 518. <br /> 219. 519. <br /> 220. TOTAL PAID BY/FOR BORROWER 925.51 520. TOTAL REDUCTION AMOUNT DUE SELLER 5,718.75 <br /> 300. CASH AT SETTLEMENT FROM/TO BORROWER: 600. CASH AT SETTLEMENT TO/FROM SELLER: <br /> 301. Gross Amount Due From Borrower Line 120 225,942.25 601. Gross Amount Due To Seller Line 420 225,000.00 <br /> 302. Less Amount Paid By/For Borrower(Line 220) ( 925.51 602. Less Reductions Due Seller(Line 520) ( 5,718.75 <br /> 303. CASH(X FROM)( TO)BORROWER 225,016.74 603. CASH(X TO)( FROM)SELLER 1 219,281.25 <br /> HUD-1(3-86)RESaa,HB4305.2 <br />