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HomeMy WebLinkAbout2024-06-04-R (2) RESOLUTION V-0 ti::::-O 7 jC A RESOLUTION AUTHORIZING THE PURCHASE OF REAL PROPERTY WHEREAS,that the City of Batesville is in the process of acquiring property for the expansion of Riverside Park as voted for by the Citizens of Batesville;and WHEREAS, that the City is currently leasing property in a long term leaschold to Independence Count-,, Sheltered Work-ship, Inc. which is located on property designated for Riverside Park Expansion;and WHEREAS, that in order to honor the terms leasehold, the City wishes to purchase property,so that the Independence County Sheltered\Workshop. Inc. can lease said property and continue to benefit the Citizens of Batesville and allow the City to move forward on park expansion. NOW,THEREFORE BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF BATESVILLE,ARKANSAS SECTION 1:That the City of Batesville hereby authorizes the purchase of real property from BN Simpson I I(Mings,IJ-C, for the purchase price of S225,000,more or less,per the real estate purchase agreement which is attached hereto and incorporated herein by reference as Exhibit "r\". Said real estate purchase agreement contains a legal description of said property. SECTION 2: 'That this authorization is conditioned upon the Independence County Sheltered Workshop, 1.1.(: entering into a lease agreement with the City,per the terms of the attached lease attached hcroo as I?xhibit"B"and incorporated herein by reference. I)ASSI D \ND r\PPROV'I a7 this *-0- day of dune.202)I. Ael Rick Elumbaugh Mayor City of Batesville Denise Johnstoii Cite Clerk City of Batesville CONTRACT FOR THE SALE. OF REAL PROPERTY This Contract of Sale ('Agreement") is made by and between RN Simpson I loldings, LLC ("Sellers")and the City of Batesville,Arkansas ("Purchaser"). WITNESSETH: In consideration of the mutual promises herein contained, the Sellers agree to sell, and the Purchaser Agrees to buy, in accordance with the terms and conditions of this Agreement,the following real property in Independence County,Arkansas: Lots Five (5),Six (6) and Seven (7) in Block One (1); And Lots One (1),Two (2)and Four(4) in Block Three (3); of Heasley's Addition to the City of Batesville,Arkansas,as appears in Plat thereof of record in Deed Record Book"D-7",pages 311 to 313,inclusive,of the records of Independence County, Arkansas. Commonly Known as: 300 Blossom Drive, Batesville,AR 72501 (hereinafter referred to as the"Property") 1. PURCHASE PRICE. The Purchase Price for the Property is$225,000 payable at closing. 2. TITLE AND CONVEYANCE. Sellers are to convey title to Purchaser by Warranty Deed.Title shall be good and marketable, subject only to: (a)covenants,conditions,easements,agreements,and restrictions of record; (b) public, private utility easements and roads and right-of ways; (c) applicable zoning ordinances, protective covenants and prior mineral reservations; and (d) real estate taxes for the year 2023,water charges and/or sewer rents, if any,subject to apportionment. 3. CONDITION OF PROPERTY. The Property is being sold as is with the exception of representations made in this agreement. Purchaser certifies that Purchaser has personally inspected or will personally inspect, or has had or will have a representative inspect,the Property as fully as Purchaser desires and is not relying upon any warranties, representations or statements of the Sellers regarding the Property, whether or not an existing defect may be reasonably discoverable by Purchaser. PLAINTIFF'S EXHIBIT 4. CLOSING. The parties agree that the closing shall be at such time as mutually agreed by the parties.The parties intend for closing to be within 30 days from the execution of this Agreement. At closing, Sellers shall deliver to Purchaser a Warranty Deed, executed in proper form for recording, and sufficient to convey title to the Property in accordance with this Agreement. 5. CONTINGENCIES. This Agreement shall not be binding on Purchaser unless and until it is approved by resolution by the Batesville City Council. For purposes of timing of closing, the timeframe laid in Paragraph 4 of this Contract,the 30 days shall not start until it has been approved by the City Council. 6. REAL ESTATE TAXES AND CLOSING COSTS. Any taxes and specials assessments due on or before closing shall be paid by Sellers. Real Estate taxes shall be appointed as of midnight of the day preceding the date of closing. Buyer and seller equally pay ordinary closing costs and buyer shall bear the cost of an owner's title insurance policy if buyer so chooses to purchase said insurance. 7. NO BROKER OR AGENTS. The parties represent that neither party has employed the services of a real estate agent or broker in connection with the Property,or that if such an agent has been employed,the party employing the agent will pay any and all expenses outside the closing of this Agreement. 8. REPRESENTATIONS. Sellers represent that as of the date of closing there will be no liens, assessments or security interest which will not be satisfied out of the sale proceeds. Sellers represents that the Property may legally be used as zoned and that no government agency has served any notice to seller requiring repairs, alterations, or corrections of any existing condition. Sellers represents that: (a) the Property is not the subject of any judicial or administration notice or action relating to hazardous waste or environmental contamination; (b) Sellers have received no notice of any claim or violation of any law or regulation having to do with environmental protection; (c) no hazardous or toxic substances have been stored,processed, or disposed of on the property during the period that Seller has owned the Property; and (d) no underground storage tanks are located on the Property. 9. AGREEMENT OF PARTIES. This Agreement shall contain the entire understanding and agreement between Sellers and Purchaser with respect to all matters referred to herein and shall supersede all prior or contemporaneous agreements, representations, discussions and understandings, oral or written, with respect to such matters. 10. MISCELLANEOUS. This Agreement may not be altered, amended, changed, waived, or modified in any way unless the same shall be in writing signed by Seller and Purchaser. This Contract may be executed in duplicate with seller(s) retaining one true counterpart hereof and Buyer retaining the other true counterpart hereof. Duly executed photocopies or facsimiles bearing all signatures of Seller and Buyer shall have the same force and effect as an original. This Agreement shall be governed by laws of the state of Arkansas. The prevailing party in any legal proceeding brought under or with respect to the transaction described in this Agreement is entitled to recover from the non-prevailing party all costs of such proceeding and reasonable attorney's fees. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Time is of the essence in the performance of this Agreement. '4N WITNESS WHEREOF, Seller and Purchaser have duly executed this Agreement thisQO day of JUA -_- ,2024. PURCHASER City of Batesville ENansasy 04-30-2028 66676 By: A.A /Dj, Rick Elumbaug Mayor of Batesville,Arkansas SELLERS BN Simpson Holdings, LLC By: &2�ZA I.." Authorize gent 1wr BN Simpson Holdings, LLC COMMERCIAL LEASE This agreement, made this day of , 2024, between the City of Batesville, Arkansas, whose address is 500 E. Main St., Batesville, AR 72501 (LESSOR), and the Independence County Sheltered Workshop, Inc., whose address is 1550 Cottonwood St. Batesville, AR 72501. (LESSEE); WITNESSETH: 1. Leased Premises: For and in consideration of the rents, covenants, and agreements herein entered into and agree upon by the Lessee as obligations to the Lessor,the Lessor lets, leases, and demises unto Lessee, subject to the terms and conditions contained herein, the following described property situated in Independence County, Arkansas: a. Said property being commonly known as the building and surrounding real property situated at 300 Blossom Drive, Batesville, Arkansas 72501. To have and to hold the premises unto the Lessee for and during the term herein stated, subject to the covenants, terms, and conditions and liens herein contained. 2. Term: This lease shall commence on , and shall extend for a term of(8) years, ending at midnight on 3. Rent: In consideration of Lessee vacating the Batesville owned property located at 1550 Cottonwood St., Batesville AR by August 1, 2024 and by its signature hereto annuls any and all interest Lessee may have in a leasehold attached hereto and incorporated herein by reference there shall be no rents due until April 1, 2026. Thereafter, Lessee agrees to pay to Lessor for this lease monthly installments of $1,500 per month in year one, with 1of6 each subsequent year of the leasehold adding $100 to the monthly rents, capping out at $2,000 per month through remainder of lease. Payments shall be due on the first day of each and every month thereafter during the term of this Lease. 4. Repairs: Lessor shall be responsible for reasonable maintenance and repair of the premises, until April 1, 2026, at which point Lessee shall assume this duty. Lessee shall contact Lessor in the event any repairs to the premises are required. Lessor shall be responsible for all plumbing, heating, and air conditioning repairs, provided that such repairs are not occasioned by the act, neglect or omission of Lessee or its agents or invitees. That this responsibility shall be the duty of the Lessee after April 1, 2026. Lessee shall maintain the premises in the same condition as existed at the commencement of this lease, reasonable wear and tear excepted. 5. Use: Lessee agrees to use the leased premises for the purposes of operating a social and educational care for the mentally challenged Monday through Friday, 8 am to 5 pm, excluding holidays, and for no other purpose(s) without the written consent of Lessor having been obtained in advance. Failure to use said leasehold for this purpose for than 60 days shall automatically terminate this leasehold. 6. Payment of Rent and Notices: The rent payable hereunder shall be paid to Lessor at 500 E. Main St., Batesville, Arkansas 72501. Any notice provided for herein shall be given, by either party, via certified mail to the Lessor at the proper address stated above and to the Lessee as follows: To: Independence County Sheltered Workshop, Inc. Attention: Director 2 of 6 300 Blossom Dr. Batesville, AR 72501 7. Assignment: Lessee shall not assign this lease or sublet the leased premises without prior written consent of the Lessor. Any such assignment or sublease shall in no way relieve Lessee from liability for the obligation imposed by this lease. Lessee may only be released from liability by a specific written release executed by Lessor. 8. Default: If Lessee shall be in default as to the payment of rent for a period of 30 days, or as to any other covenant herein provided for more than 30 days after receipt of notice from Lessor specifying such default, Lessor shall have the right, without limitation upon any other rights which may be given Lessor by law or by any other provision of this Lease Agreement,to re-enter the leased premises and relet upon the best terms and conditions reasonably obtainable, and Lessee shall be liable to the Lessor for the difference, if any, between the rent so obtained and the minimum rent stipulated to be paid in this lease. Lessee agrees that in such event, it will vacate the leased premises without further notice. 9. Non-Waiver: It is agreed that the failure of Lessor to invoke any of the available remedies under this lease or under law in the event of one or more breaches or defaults by Lessee under the Lease shall not be construed as a waiver of such provisions and conditions and shall not prevent Lessor from invoking such remedies in the event of any future breach or default. 10. Holdover: Lessee hereby agrees that upon the termination of this lease by expiration or by earlier termination for any reason whatsoever, Lessee will peaceably deliver possession of the leased premises to Lessor. In the event Lessee shall be permitted by 3 of 6 Lessor to hold over after the expiration or termination of this lease, or any extension thereof,such holding over(in the absence of any written agreement to the contrary), shall be construed as a tenancy from calendar month to calendar month at a monthly rental equal to the rental for the last month paid under this lease. A month-to-month tenancy arising by Lessee's holding over under this paragraph may be terminated by written notice from either party to the other party on or before the day on which any monthly rent is due with termination not becoming effective until the day on which the next following monthly rental would have otherwise become due. 11. Casualty: If at any time the leased premises (or the building which forms the principal component of the leased premises) shall be damaged by fire, or any other major casualty not the fault of Lessee, and the cost of repairing the damage does not exceed twenty percent(20%)of the value of the improvements of the premises herein leased,then lessor shall as soon as reasonably practicable repair the damage caused by fire or other casualty. If, however, the damage should exceed twenty percent (20%) of the value of the improvements of the premises herein leased (or the building which forms the principal component of the leased premises), then Lessor shall have the option of either repairing the premises as set out above or terminating this lease as of the date of fire or other casualty by notice to Lessee within 30 days after such date. If the damage should render the leased premises untenable for the use of Lessee's business as set forth herein, the rental from the date of fire or other major casualty not the fault of Lessee, to the date of completion of the restoration of the premises shall be abated, such abatement being figured on a pro rata basis of the rentals herein provided. 4of6 12. Insurance: Lessee shall be solely responsible for maintaining insurance on its property, including but not limited to moveables, trade fixtures installed by Lessee, furniture, furnishings, equipment, and inventory. Lessor shall be responsible for maintaining owners insurance on the real property. 13. Right to Purchase: At anytime during the course of this leasehold, Lessee may exercise its option to purchase the property subject to this lease for the total amount of the purchase price, any remodeling costs, costs of repairs, and costs of maintenance paid by city during the course of leasehold. 14. Compliance with Laws: Lessee agrees not to violate any law, ordinance, rule, or regulation of any governmental authority having jurisdiction of the leased premises. Provided, however, that Lessor shall adopt no ordinance, regulation or resolution imposing specific conditions on Lessee's operation on the leased premises that are more stringent than generally applicable throughout the City of Batesville. 15. Title and Quiet Enjoyment: Lessor covenants and warrants that it is the owner of the leased premises and may lease the premises as herein provided. Upon payment by Lessee of the rents herein provided and upon the observance and performance of all covenants, terms, and conditions upon Lessee' part to be observed and performed, Lessee shall peaceably and quietly hold and enjoy the demised premises for the term hereby demised without hindrance or interruption by Lessor or anyone acting on Lessor's behalf. 16. Succession: This Lease agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, successors, and assigns. 5of6 17. Waste: Lessee agrees not to commit waste, nor permit waste to result or be done to or upon the property and premises. 18. Severability: Each paragraph of this lease agreement is severable from all other paragraphs. In the event any court of competent jurisdiction determines that any paragraph or subparagraph is invalid or unenforceable for any reason, all remaining paragraphs and subparagraphs will remain in full force and effect. 19. Interpretation: This lease agreement shall be interpreted according to and enforced under the laws of the State of Arkansas. 20. Entire Agreement: This lease agreement contains the entire agreement of both parties hereto, and no other oral or written agreement shall be binding on the parties hereto. This lease agreement supersedes all prior agreements, contracts, and understandings of any kind between the parties relating to the subject matter hereof. This agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute on and the same instrument. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals on this to day of 2024. Rick Elumbaugh Roy Thomas Mayor of Batesville, Arkansas Authorized Agent for Independence County Sheltered Workshop, Inc. 6of6 L202403921 INDEPENDENCE CO,AR FEE$25.00 PRESENTED:07-22-2024 02:50:04 PM RECORDED:07-22-2024 02:50:04 PM GREG MLLIS CIRCUIT CLERK BY:JESSICA HERTZ DEPUTY CLERK THIS INSTRDMENT WAS PREPARED BY: BK: DEED 2024 J.T SKINNER, ATTORNEY AT LAW PG: 4672-4674 555 East Main Street, Suite 200 Batesville, AR 72501 WARPANTYDEED KNOW ALL MEN BY THESE PRESENTS: THAT BN Simpson Holdings LLC, the grantor herein, for and in consideration of the sum of TEN DOLLARS ($io.00) and other valuable considerations, in hand paid by City of Batesville, Arkansas, grantee, the receipt of which is hereby acknowledged, do hereby grant, bargain, sell and convey unto the said grantee, City of Batesville,Arkansas, and unto its successors and assigns forever, the following lands lying in the County of Independence and State of Arkansas, to-wit: Lots One (i), and Two (2) in Block Three (3); of Heasley's Addition to the City of Batesville,Arkansas, as appears in Plat there of record in Deed Record Book "D-7", pages 311 to 313, inclusive, of the records of Independence County,Arkansas. I certify under penalty of false swearing that documentary stamps or a documentary symbol in the legally correct amount has been placed on this instrument. r' f Grantee's Address: � I L SOD E Maln .9w (Grantee or Grantee's Agent) Me5vill, � 7zsa TO HAVE AND TO HOLD the said premises, with their appurtenances unto the said Grantee, and unto its successors and assigns forever, with all tenements, appurtenances, and hereditaments thereunto belonging. And the said Grantor does hereby covenant to and with the said Grantee, that Grantor will forever warrant and defend the title to said lands against all lawful claims or encumbrances whatsoever. WITNESS our hands and seals on this day of 2024. BN Simpson Holdings LLC BY: 6�___-) Brya im on, managing member BY: N alie Simpso anagmg member ACKKNOWLEDGEMENT STATE OF ARKANSAS } }ss. COUNTY OF INDEPENDENCE } ON this day of 24, before me, a Notary Public, duly commissioned, qualified and acting, within and fors id C unty ar�d State, appeared in person the within named Bryan Simpson and Natalie Simpson, who stated that they were the managing members of BN Simpson Holdings LLC and were duly authorized in their respective capacity to execute the foregoing instrument for and in the name and behalf of said corporation, and further stated and acknowledged that they had so signed, executed, and delivered said foregoing instrument for the consideration, uses, and purposes therein mentioned and set forth. TMIMONY WHEREOF, I have hereunto set my hand and official seal this lgday of 2024. My Commission Expires: �l t 71Z"0 3 ' LICJARKANSAS 1'�Iotar r�� A IZARD COUNTY } Ady Commission Expires 04-17-2033 1 Commission No.12394196 0-LI949916624 atLDD5 STATE OF ARKANSAS DEPARTMENT OF FINANCE AND ADMINISTRATION MISCELLANEOUS TAX SECTION P.O. BOX 896, LITTLE ROCK, AR 72203-0896 Real Estate Transfer Tax Stamp ' Proof of Tax Paid File Number: 240503 Grantee: CITY OF BATESVILLE, ARKANSAS Mailing Address: 500 E MAIN ST BATESVILLE AR 725014660 Grantor: BN SIMPSON HOLDINGS LLC Mailing Address: 807 E BOSWELL ST BATESVILLE AR 725015724 Property Purchase Price: $225,000.00 Tax Amount: $742.50 County: INDEPENDENCE Date Issued: 07/22/2024 Stamp ID: 2075850752 1 certify under penalty of false swearing that documentary stamps or a documentary symbol in the legally correct amount has been placed on this instrument Grantee or Agent Name (printed): L• o ! �A 12Z Grantee or Agent Name (signature): f Date: 121 2 Address: 150 4. SyDad NO- City/state/zip: klafvOlcl �— 12-501 Serving your real estate needs with Title Insurance and Escrow Closings. INDEPENDENCE COUNTY ABSTRACT COMPANY, INC. 150 SOUTH BROAD STREET — POST OFFICE BOX 2015 BATESVILLE, AR 72501 TELEPHONE — (870)793-3333 FAX - (870)-793-3343 JULY 23, 2024 CITY OF BATESVILLE, ARKANSAS 500 E. MAIN STREET BATESVILLE, AR 72501 Dear City of Batesville, Please see the enclosed recorded Warranty Deed from your recent purchase of lands in Independence County. If you have any questions, feel free to contact our office at any time. We appreciate your business. Congratulations on your purchase! Thank you, h� - " Ashton L. Martin Closing Assistant Independence County Abstract Co. 150 South Broad Street Batesville, AR 72501 870-793-3333, Fax 870-793-3343 u r. x v , 1. .- ... C!C! t ..E OMB NO.2502 2 A. B. TYPE OF LOAN: U.S.DEPARTMENT OF HOUSING&URBAN DEVELOPMENT 1.[]FHA 2.E]FmHA 3.[]CONV.UNINS. 4.QVA 5.QCONV.INS. 6. FILE NUMBER: 7. LOAN NUMBER: SETTLEMENT STATEMENT 2 8. MORTGAGE INS CASE NUMBER: 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'(POCJ"were paid outside the dosing;they are shown here for informational purposes and are not included in the totals. D. NAMEAND ADDRESS OF BORROWER: E. NAMEAND ADDRESS OF SELLER: F. NAMEAND ADDRESS OF LENDER: City of Batesville,Arkansas BN Simpson Holdings LLC G. PROPERTY LOCATION: H. SETTLEMENTAGENT I. SETTLEMENT DATE: 300 Blossom Drive Independence County Abstract Co.,Inc. Batesville,AR 72501 July 15,2024 Independence County,Arkansas PLACE OF SETTLEMENT Lots 1 &2,Block 3,Heasley's 150 South Broad Street,P.O.Box 2015 Addition Batesville,AR 72503 J.SUMMARY OF BORROWER'S TRANSACTION K.SUMMARY OF SELLER'S TRANSACTION 100, GROSS AMOUNT DUE FROM BORROWERm 400, GROSS A OUNT DUE TO-SELLER* 101. Contract Sales Price 225,000.00 401. Contract Sales Price 225,000.00 102. Personal Property 402. Personal Property 103. Settlement Charges to Borrower Line 1400 942.25 403. 104. 404. 105. 405. n For l m r r in advanceAUjIustments Forl r ll rin advance 106. City/Town Taxes to 406. City/Town Taxes to 107. 2024 RETaxes to 407. 2024 RETaxes to 108. Assessments to 408. Assessments to 109. 409. 110. 410. 111. 1411. 112. 412. 120. GROSS AMOUNT DUE FROM BORROWER 225,942.25 420. GROSS AMOUNT DUE TO SELLER 225,000.00 200. 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 Loans 502. Settlement Charges to Seller Line 1400 4,793.24 203. Existing loans taken subject to 503. Existing loans taken subject to 204. 504. Payoff of first Mortgage 205. 505. Payoff of second Mortgage 206. 506. 207. 507. 208. 508. 209. 509. Ag�ustments For tems Un ai Seiler Adjustments For Items Unpaid By r 210. CityfTown Taxes to 510. City/Town Taxes to 211. 2024 RETaxes 01/01/24 to 07/16/24 925.51 511. 2024 RETaxes 01/01/24 to 07/16/24 925.51 212. Assessments to 512. Assessments to 213. 513. 214. 514. 215• 515. 216. 516. 217. 517. 218, 518. 219. 519. 220. TOTAL PAID BY/FOR BORROWER 925.51 520. TOTAL REDUCTION AMOUNT DUE SELLER 5,718.75 300. CASH AT SETTLEMENT FROM/TO BORROWER: 600. CASH AT SETTLEMENT TO/FROM SELLER: 301. Gross Amount Due From Borrower Line 120 225,942.25 601. Gross Amount Due To Seller Line 420 225,000.00 302. Less Amount Paid By/For Borrower(Line 220) ( 925.51 602. Less Reductions Due Seller(Line 520) ( 5,718.75 303. CASH(X FROM)( TO)BORROWER 225,016.74 603. CASH(X TO)( FROM)SELLER 1 219,281.25 HUD-1(3-86)RESaa,HB4305.2 L JG 1 1 LGltl C1�1 l.rflMR\7CJ 700.TOTAL COMMISSION Based on Price % FAIDFROM PAID FROM Division of Commission line 700 as Follows: BORROWER'S SELLER'S 701.$ to FUNDS AT FUNDS AT 702.$ to SETTLEMENT SETrLEMENr 703.Commission Paid at Settlement 704. to 800.ITEMS PAYABLE IN C NNEC71 N WITH LOAN 801.Loan Origination Fee 1.0000 % to 802.Loan Discount % to 803. Appraisal Fee to 804. Credit Report to 805. Lender's Inspection Fee to 806. Mortgage Ins.App.Fee to 807. Assumption Fee to 808. 809. 810. 811. 900.ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901.Interest From to @ $ /day ( days %) 902. MIP Totlns.for LifeOfLOan for months to 903.Hazard Insurance Premium for 1.0 years to 904. 905. 1000.RESERVES DEPOSITED WITH LENDER 1001.Hazard Insurance months @ $ per month 1002.Mortgage Insurance months @ $ per month 1003. City/Town Taxes months @ $ per month 1004. 2024 RETaxes months @ $ per month 1005. Assessments months @ $ per month 1006. months @ $ per month 1007. months @ $ per month 1008. months @ $ per month 1100.TITLE CHARGES 1101. Settlement or Closing Fee to Independence Count Abstract Co.,Inc. 150.00 150.00 1102. Abstract or Title Search to Independence Count Abstract Co.,Inc. 425.00 1103. Title Examination to 1104. Certificate of Good Standing to J.T.Skinner 28.00 1105. Document Preparation to 1106. Notary Fees to 1107. Attorneys Fees to J.T.Skinner 75.00 includes above kern numbers: 1108. Title Insurance to Fidelity National Title Insurance Co. 396.00 includes above item numbers: 1109.Lender's Coverage $ 1110.Owner's Coverage $ 225,000.00 396.00 1111. 1112. 1113. 1200.GOVERNMENT RECORDING AND TRANSFER CHARGES 1201.Recording Fees: Deed $ 25.00;Mortgage $ Releases $ 25.00 1202.City/County Tax/Stamps: Deed Mortgage 1203.State Tax/Stamps: Deed 742.50;Mortgage 371.25 371.25 1204. 1205. 1300.ADDITIONAL SETTLEMENT CHARGES 1301. Survey to 1302. Pest Inspection to 1303. 2022 DELINQUENT TAXES to INDEPENDENCE COUNTY TAX COLLECTOR 2,024.52 1304. 2023 RE TAXES to INDEPENDENCE COUNTY-FAX COLLECTOR 1,719.47 1305. 1400.TOTAL SETTLEMENT CHARGES Enter on Lines 103,Section J and 502,Section K 942.251 4,793.24 Certified to be a true copy. (240503/240503/10)