ST9902-ES110128 A. Settlement Statement U.S. Department of Housing OMB No. 2502 -0265
• and Urban Development
B. Type of Loan
1. ❑ FHA 2. ❑ FmHA 3. ❑ Conv Unins 6. File Number 7. Loan Number 8. Mortgage Ins Case Number
4. ❑ VA 5. ❑ Conv Ins. 6. ❑ Seller Finance 0911185 -ALCP
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
"(p.o.e.)" were paid outside the closing; they are shown here for informational purposes and are not included in the totals.
D. Name & Address of Borrower E. Name & Address of Seller F. Name & Address of Lender
City of Coppell Billy E Mills Jr.
255 Parkway 250 W. Sandy Lake Rd.
Coppell, TX 75019
Coppell, TX 75019
G. Property Location H. Settlement Agent Name
Allegiance Title Company
Dallas County,Being a 0.088 of an acre portion of Lot 1 -B, Block A, 6030 Sherry Lane
Shadydale Acres, an addition to the City of Coppell. Dallas, TX 75225 Tax ID: 80- 0338688
Underwritten By: First American Texas
Coppell, TX 75019
Place of Settlement 1. Settlement Date
Allegiance Title Company - Coppell 1/28/2011
235 S. Denton Tap Road, Suite 300 Fund: 1/28/2011
Coppell, TX 75019
J. Summary of Borrower's Transaction K. Summary of Seller's Transaction
100. Gross Amount Due from Borrower 400. Gross Amount Due to Seller
101. Contract Sales Price $70,000,00:. 401 Contract Sales Price $70,000.00
102. Personal Property 402, Personal Property
103. Settlement Charges to borrower $1,280.69 403.
104. 404.
105. 405.
Adjustments for items paid by seller in advance Adjustments for items paid by seller in advance
106. City property taxes 406. City property taxes
107. County property taxes 407. County property taxes
108. Assessment Taxes 408. Assessment Taxes
109. School property taxes 409. School property taxes
110. Other taxes 410. Other taxes
111. Other taxes " 411: Other taxes
112. Reimbursement for Processing Fee $250.00 412. Reimbursement for Processing Fee $250.00
113. 413.
114. 414.
115. 415.
116. 416.
120. Gross Amount Due From Borrower $71,530.69 420. Gross Amount Due to Seller $70 250.00
200. Amounts Paid By Or in Behalf Of Borrower 500. Reductions in Amount Due to Seller
201. Deposit or earnest money 501. Excess Deposit
202. Principal amount of new loan(s) 502, Settlement Charges to Seller (line 1400)
203. Existing loan(s) taken subject to 503. Existing Loan(s) Taken Subject to US
204. Loan Amount 2nd Lien 504. US Bank for Partial Release $40,000.00
205. 505.
206. 506.
207. 507.
208. 508.
209. 509.
Adjustments for items unpaid by seller Adjustments for items unpaid by seller
210. City property taxes 510. City property taxes
211. County property taxes 511. County property taxes
212. Assessment Taxes 512. Assessment Taxes
213. School property taxes 513. School property taxes
214. Other taxes 514. Other taxes
215. Other taxes 515. Other taxes
216. 516.
217. 517.
218. 518.
219. 519.
220. Total Paid B /For Borrower $0.00 520. Total Reduction Amount Due Seller $40,000.00
300. Cash At Settlement From/To Borrower 600. Cash At Settlement To/From Seller
301, Gross Amount due from borrower (line 120) $71,530.69 601. Gross Amount due to seller (line 420) $70,250.00
302. Less amounts paid by /for borrower (line 220) $0.00 602. Less reductions in amt. due seller (line 520) $40,000.00
303. Cash From Borrower $71,530.69 603. Cash To Seller $30,250.00
Section 5 of the Real Estate Settlement Procedures Act (RESPA) requires the Section 4(a) of RESPA mandates that HUD develop and prescribe this standard
following: • HUD must develop a Special Information Booklet to help persons form to be used at the time of loan settlement to provide full disclosure of all
borrowing money to finance the purchase of residential real estate to better charges imposed upon the borrower and seller. These are third party disclosures
understand the nature and costs of real estate settlement services; that are designed to provide the borrower with pertinent information during the
• Each lender must provide the booklet to all applicants from whom it receives settlement process in order to be a better shopper.
or for whom it prepares a written application to borrow money to finance the The Public Reporting Burden for this collection of information is estimated to
purchase of residential real estate; • Lenders must prepare and distribute with average one hour per response, including the time for reviewing instructions
the Booklet a Good Faith Estimate of the settlement costs that the borrower is searching existing data sources, gathering and maintaining the data needed, and
likely to incur in connection with the settlement. These disclosures are completing and reviewing the collection of information.
mandatory. 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.
The information requested does not lend itself to confidentiality.
Previous Editions are Obsolete Page 1 form HUD -1 (3/86)
Handbook 4305.2
• File No. 0911185 -ALCP
L. Settlement Charges
700. Total Sales/Broker's Commission based on price $70,000.00 @ % = $0.00 Paid From Paid From
Division of Commission (line 700) as follows: Borrower's Seller's
701. to Funds at Funds at
702. to Settlement Settlement
703. Commission Paid at Settlement $0.00 $0.00
704. The following parties, persons, firms or to
705. corporations have received a portion of to
706. the real estate commission shown above. to
800. Items Payable in Connection with Loan
801. Loan Origination Fee % to
802. Loan Discount % to
803. Appraisal Fee to
804. Credit Report to
805. Lender's Inspection Fee to
806. Mortgage Insurance Application to
807. Assumption Fee to
808. Flood Certification Fee to
809. Tax Research Fee to
900. Items Required by Lender To Be Paid in Advance
901. Interest from 1/28/2011 to 2/1/2011 @ SO /day
902. Mortgage Insurance Premium for months to
903. Hazard Insurance Premium for years to
1000. Reserves Deposited With Lender
1001. Hazard insurance months @ per month
1002. Mortgage insurance months @ per month
1003. City property taxes months @ per month
1004. County property taxes months @ per month
1005. Assessment Taxes months @ per month
1006. School property taxes months @ per month
1007. Other taxes months @ per month
1008. Other taxes months @ per month
1011. Aggregate Adjustment
1100. Title Charges
1101. Settlement or closing fee to
1102. Abstract or title search to
1103. Title examination to
1104. Title insurance binder to
1105. Document preparation to Dawn Enoch Moore PC $50.00
1106. Notary fees to
1107. Attorney's fees to
(includes above items numbers: ) .._... _.__we..._.
1108. Title insurance to Allegiance Title Company $640.00
(includes above items numbers: )
1109. Lender's coverage $0.00 /$0.00 .
1110. Owner's coverage $70,000.00/$640.00
1111. Escrow fee to Allegiance Title Company
1112. State of Texas Policy Guaranty Fee to $5.00 $0.00
1113. Tax certificates to Allegiance Title Company $54.69
1114. Courier/Messenger Fee to
1115. Escrow Fee to Allegiance Title Company $400.00
1116. Preparation of Releases of Lien to Dawn Enoch Moore PC $100.00
1200. Government Recording and Transfer Charges
1201. Recording Fees Deed ; Mortgage ; Rel to Allegiance Title Company
1202. City/county tax/stamps Deed ; Mortgage to
1203. State tax/stamps Deed ; Mortgage to
1204. Recording Fee for Right of Way to Allegiance Title Company $31.00
1300. Additional Settlement Charges
1301. Survey to
1302. Pest Inspection to
1303. Home Warranty Service Contract to
1400. Total Settlement Charges (enter on lines 103, Section J and 502, Section K) $1,280.69
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 completed copy of pages 1, 2 and 3 of this HUD -1 Settlement
Statement.
City of Coppell
Billy E Mills Jr.
By
SETTLEMENT AGENT CERTIFICATION FORWARDING ADDRESS:
The HUD -1 Settlement Statement which I have prepared is a true and accurate
account of this transaction. I have caused the funds to be d'sbursed
.c . ance with th's stag ent. /
tf
Settlem *_ t 0 Date
Warning: t 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 Section
1001 and Section 1010.
File No. 0911185 -ALCP
L. Settlement Charges
700. Total Sales /Broker's Commission based on price $70,000.00 @ % = $0.00 Paid From Paid From
Division of Commission (line 700) as follows: Borrower's Seller's
701. to Funds at Funds at
702. to Settlement Settlement
703. Commission Paid at Settlement $0.00 50.00
704. The following parties, persons, firms or to
705. corporations have received a portion of to
706. the real estate commission shown above. to
800. Items Payable in Connection with Loan
801. Loan Origination Fee % to
802. Loan Discount % to
803. Appraisal Fee to
804. Credit Report to
805. Lender's Inspection Fee to
806. Mortgage Insurance Application to
807. Assumption Fee to
808. Flood Certification Fee to
809. Tax Research Fee to
900. Items Required by Lender To Be Paid in Advance
901. Interest from 1/28/2011 to 2/1/2011 @ $0 /day
902. Mortgage Insurance Premium for months to
903. Hazard Insurance Premium for years to
1000. Reserves Deposited With Lender "-
1001. Hazard insurance months @ ' per month
1002. Mortgage insurance months @ per month
1003. City property taxes months @ per month
1004. County property taxes months @ per month
1005. Assessment Taxes months @ per month
1006. School property taxes months @ per month
1007. Other taxes months @ per month
1008. Other taxes months @ per month
1011. Aggregate Adjustment
1100. Title Charges ,
1101. Settlement or closing fee to
1102. Abstract or title search to
1103. Title examination to
1104. Title insurance binder to
1105. Document preparation to Dawn Enoch Moore PC 550.00
1106. Notary fees to
1107. Attorney's fees to
(includes above items numbers: ) , r 3
1108. Title insurance to Allegiance Title Company: $640.00
(includes above items numbers:
1109. Lender's coverage 50.00 /50.00.
1110. Owner's coverage 570,000.00/$640.00
h:
1111. Escrow fee to Allegiance Title Company
1112. State of Texas Policy Guaranty Fee to 55.00 50.00
1113. Tax certificates to Allegiance Title Company $54.69
1114. Courier/Messenger Fee to
1115. Escrow Fee to Allegiance Title Company $400.00
1116. Preparation of Releases of Lien to Dawn Enoch Moore PC 5100.00
1200. Government Recording and Transfer Charges
1201. Recording Fees Deed ; Mortgage ; Rel to Allegiance Title Company
1202. City /county tax /stamps Deed ; Mortgage to
1203. State tax /stamps Deed ; Mortgage to
1204. Recording Fee for Right of Way to Allegiance Title Company $31.00
1300. Additional Settlement Charges
1301. Survey to
1302. Pest Inspection to
1303. Home Warranty Service Contract to
1400. Total Settlement Charges (enter on lines 103, Section J and 502, Section K) $1,280.69
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 receiv d a completed copy of pages 1, 2 and 3 of this HUD -1 Settlement
Statement.
City of Coppell 51/;W/
Billy E Mills Jr.(
By Keith Marvin
SETTLEMENT AGENT CERTIFICATION FORWARDING ADDRESS:
The HUD -1 Settlement Statement which I have prepared is a true and accurate
acts un of this transaction. I have caused the funds to be disbursed in
ace. . ance with this • tem>
Settleme I NN" Date
Warning: It a crime to knowin: make fa . - 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 Section
1001 and Section 1010.