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ST9902-ES100505T H E C 1 T Y O F COPPELL F � q May 5, 2010 Diana Carter Stewart Title N Texas Div 3840 Hulen Street, Suite 100 Fort Worth TX 76107 RE: Settlement Statement for 101 Oak Trail, Coppell Texas Dear Ms. Carter: Enclosed please find the HUD Settlement Statement signed by our City Manager, Clay Phillips and a check for $47,778.84, which is the agreed upon amount for acquisition of permanent right -of -way at the above address from Ms. Lawson. If you have any questions, or need additional information from me, please contact me at the number below. Thank you for your attention to this matter. Sincerely, °9��g //Z4.&o- Keith R. Marvin, P.E. Project Engineer Office: 972 - 304 -3681 Fax: 972-304-3570 kmarvingcoppelltx. gov 255 PARKWAY * P.O.BOX 9478 * COPPELL TX 75019 * TEL 972/462 0022 * FAX 972/304 3673 (5/5/2 Keith Marvin - RE: hello Page 1 From: "Diana Carter" <Dicarter @stewart.com> To: "Keith Marvin" <kmarvin @coppelltx.gov >, "Christina Lawson" <kinglp7 @hotm... Date: 4/28/2010 8:45 AM Subject: RE: hello Keith, the only things I need from the city are the signed HUD and the check, thank you. Diana Carter Stewart Title North Texas Division 3840 Hulen Street, Suite 100 Fort Worth, Texas 76107 817- 732 -5695 817- 738 -0856 fax E -Mail Confidentiality Notice: Privileged and /or confidential information may be contained in this message. If you are not the addressee indicated in this message (or responsible for delivery of the message to such person), you may not copy or deliver this message to anyone. In such case, you should destroy this message and notify the sender by reply e -mail. CITY OF COPPELL Post Office Box 9478, Coppell, Texas 75019 (972) 462 - 0022 I DATE INVOICE NO. REMARKS ACCOUNT AMOUNT 4 -23 -10 STEWART R -O -W ACQUISITION 624 - 636 - 603 - 5120 47,778.84 -T -- H E G I T Y. • O F COPPELL 1A P.O. Box 9478 189479 CHECK NO. 1 8 9 "! f 9 Coppell, Texas 75019 (972) 462 -0022 rROST'NATIONAL BANK CHECK DATE 04- 30-2010 PAY * * * * * ** * 47,778 DOLLARS AND 84 CENTS TO THE ORDER OF PAY THIS AMOUNT * ** *47,778.84 VOID AFTER 90 DAYS STEWART TITLE ` -•✓ 3840 HULEN, #100 FORT WORTH, TX 76107 II' L894 7911 1: i L40000931: 9S 0002169110 Q61 13, 20 1 D 1 (n CIA &N I P. f W. SWICk, LakC RAMd RCC0T1S,11'UCti011 SI 9912 PawQPJ - CTO-siiaa Lawson - 101 (, Permancw Ri1111 :"l Way Ws Wer is in insponso lo our discussions. and constituies an L)t'f,,.r Groin 'J City of Coppo..'!i -o l')'1.;; l: pope, cavned by yom Pamel 4condsts ofn voriable Qdth portion N dic soulh RAW Or 15C propeny hwaWd at 101 Uak Dailjotaling 3,814 square fcct, as desuiNA in tho aHwhud cWhim Ile by appWates your vvillingnuss id vw)? "W us ifirou' l and wt:! N conlinue to be av*hble As issucs arise during the , cinstru'.1 i,:�rl "1C ol 1 R pn� j hk low cowlawes an AN eum Be Chy of Cbppdj Or Me acq&Wun of parnmnent Figdit :Is ti.Ylli l a's: V,<orcLj S3170170 SAW 00 to Y% 79 T 3 (Nimits am! �>pnjyaf SO bo wcuwd Mrough 001 Toill: 4' 01 .6 o !n addown 10 14 vA"npCnSMi(:1:! lis(ed above, flit?_ cily �vi;l Cund lhi, Closing CCrSt.ti in th� ammr! of SIAN N• Wou"I Sawan Tyk. p I C OPRELL T% 7nOlq k TEL q72 ICI OOW * ;AM n70.334 2671 Aw c will reloc:! the cxisfing, wood `t'r'ee. on the wo.:w Svc of 'r.ou"c "o 111C properly line. :f tihc' Libove of j�!r is plca.se siLn helov, onl '. icturn zo this officc. Once d 1'.tiler is rct-Cived. the prt.)coss t'o• payment Wife MUM CMI yi.art. 0110-' 1',IIC el)CCJ:. and I A I e, Nve mill scht--dulc Ibe C Io sing Nvilh, Sle"vard Title Colnp,'.ifl4. VOLlY uonsid of Ois maltc. is appreciated. and `ho?. kl . %:ou have - qui-- pkl a=c' conracl KL:ilh NI-w•viri at 1 a72 - 30 , 4 - 36,M or nto. Sincere! v. -x *!,72 0 - "T 01 4. 1 Anoil C1l6mWa fawomi j%cI rw. 4/15/10 1:24 PM 01VIR l 9F09 -mFF A. U.S. Department of Housing and Urban Development p Settlement Statement B. Type of Loan 1. [ j FHA 2. [ ] FMHA 3. [ ] Conv. Unins. 4. [ ] VA 5. [ ] Conv. Ins. 6. File Number 10913875 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 p urposes and are not included in the totals. D. Name of Borrower: City of Coppell E. Name of Seller: Christina M. Lawson F. Name of Lender: G. Property Location: .088 Acre out of Lot 1 -B, Block A, Shadydale Acres H. Settlement Agent: Stewart Title North Texas Division(817) 654 -9907 Place of Settlement: 3840 Hulen, #100, Fort Worth, TX 76107 I. Settlement Date: 4/30/2010 Proration Date: 4/30/2010 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 45,000.00 401. Contract sales price 45,000.00 102. Personal property 402. Personal property 103. Settlement charges to borrower (line 1400) 2,778.84 403. 104. 404. Survey Fee 105. 405. Adjustments for items paid by seller in advance: Adjustments for items paid by seller in advance: 106. City /town taxes 406. City/town taxes 107. County taxes 407. County taxes 108. Assessments 408. Assessments 109. Homeowners Association Dues 409. Homeowners Association Dues 110. 410. 111. 411. 112. 412. 120. Gross amount due from borrower: 47,778.84 420. Gross amount due to seller: 45,000.00 200. Amounts paid by or in behalf of the borrower: 500. Reduction in amount due to seller: 201. Deposit or earnest money 501. Excess deposit (see instructions) 202. Principal amount of new loan(s) 502. Settlement charges to seller (line 1400) 0.00 203. Existing loan(s) taken subject to 503. Existing loan(s) taken subject to 204. Principal amount of second loan 504. Payoff of first mortgage loan 205. 505. Payoff of second mortgage loan 206. 506. 207• 507. Marketing Fee 208. 508. 209. Seller Pd Closing Cost 509. Seller Pd Closing Cost Adjustments for items unpaid by seller: Adjustments for items unpaid by seller: 210. City /town taxes 510. City/town taxes 211. County taxes 511. County taxes 212. Assessments 512. Assessments 213. Tax Credit 513. Tax Credit 214. 514. 215, 515. 216. 516. 217. 517, 218. 518. 219. 519. 220. Total paid by /for borrower: 0.00 520. Total reduction in amount due seller: 0.00 300. Cash at settlement from/to borrower: 600. Cash at settlement to /from seller: 301. Gross amount due from borrower (line 120) 47,778.84 601. Gross amount due to seller (line 420) 45,000.00 302. Less amount paid by /for borrower (line 220) 0.00 602. Less total reduction in amount due seller(line 520) 0.00 1303. CAS (X) FROM ()TO BORRO f 47,778.84 1603. CA QFROM (X)T SELLER 45,000.00 SUBSTITUTE FORM 1099 SELLER STATEMENT - The information contained in Blocks E, G, H and I and on line 401 (or, if line 401 is asterisked, lines 403 and 404), 406, 407 and 408 -412 (applicable part of buyer's real estate tax reportable to the IRS) is important tax information and is being 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 principle residence, file form 2119, Sale or Exchange of Principal Residence, for any gain, with your income tax return; for other transactions, complete the applicable parts of form 4797, Form 6252 and /or Schedule D (Form 1040). You are required by law to provide Jtewan I Itle North i exas uNlSlon(di /) b,)4 -99U/ wan your Correct taxpayer IdentltlCatlon number. If you do not provide Stewart Title North Texas Division(817) 654 -9907 with your correct taxpayer identification number, you may be subject to civil or criminal penalties. Christina M. Lawson L. Settlement Charges 4/15/10 1:24 PM File Number: 10913875 700. Total sales /broker commission 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 704. 705. THE FOLLOWING PERSONS, FIRMS OR CORPORATIONS RECEIVED A PORTION OF 706. THE REAL ESTATE COMMISSION SHOWN ABOVE. 707. 800. Items payable in connection with loan 801. Loan origination fee 802. Loan discount 803. Appraisal fee 804. Credit report 805. Lender's inspection fee 806. Mortgage insurance application fee 807. Assumption fee 808. Flood Certification Fee 809. Tax Service Fee 810. Underwriting Fee 811. Processing Fee 812. 813. 814. Yield Spread Premium 815. 816. 817. 900. Items required by lender to be paid in advance 901. Interest from 902. Mortgage insurance premium for 903. Hazard insurance premium for 904. 2nd Lien Interest 905. 1000. Reserves deposited with lender 1001. Hazard insurance 1002. Mortgage insurance 1003. City property taxes 1004. County property taxes 1005. Annual assessments (maint.) 1006. 1007. 1008. 1009. Aggregate Adjustment 1100. Title charges 1101. Settlement or closing fee 1102. Abstract or title search 1103. Title examination 1104. Title insurance binder 1105. Document preparation to Young and Associates 90.00 1106. Notary fees 1107. Attorney's fees to includes above items no 1108. Title insurance to Stewart Title North Texas Division 469 00 includes above items no.: 1109. Lender's coverage 1110. Owner's coverage $45,000.00 $469.00 1111. 2nd Lien MTP 1112. State of Texas Guaranty Fee to Guaranty Fee Transfer 5.00 1113. Tax Certificate to Stewart Title North Texas Division 45.84 1114. Escrow Fee to Stewart Title North Texas Division 15000 1115. Delivery Fee 1116. 1117. E Record Fee to Stewart Title North Texas Division 3.00 1200. Government recording and transfer charges 1201. Recording fees: Deed $16 00 16.00 1202. City /county tax/stamps: 1203. State tax/stamps: 1204. 2nd Lien Recording Fee 1205. 1206. 1300. Additional settlement charges 1301 Surve 1302. Pest inspection 1303. Transfer Fee 1304. HOA Fees 1305. Attorney Fees to Ken Harter 2,000.00 1306. HOA Reimbursement 1307. 1400. Total settlement charges (entered on lines 103, section J and 502, section K) 2,778.84 0.00 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 HUD -1 Settlement Statement. Title Company has deposited the earnest money that it has received in a demand deposit account that is federally insured to the maximum extent permitted by law. Demand deposit accounts are non - interest bearing pursuant to federal law, but offer immediately available funds for withdrawal after a check has cleared. Title Company may receive other benefits from the financial institution where the funds ar deposited. Based upon the deposit of escrow funds in demand deposit accounts and other relationships with the financial institution, Title Company is eligible to participate in a program offered by the financial institution whereby the Title Company may (1) receive favorable loan terms and earn income from the investment of loan proceeds and (ii) receive other benefits offered by the financial institution. City of Co ell Christina M. Lawson 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. Stewart Title North Texas Division Date SELLER'S AND /OR PURCHASER'S STATEMENT Seller's and Purchaser's signature hereon acknowledges his /their approval of tax prorations and signifies their understanding that prorations were based on taxes for the preceding year, or estimates for the current year, and in the event of any change for the current year, all necessary adjustments must be made between Seller and Purchaser, likewise any default in delinquent taxes will be reimbursed to Title Company by the Seller. The parties have read the above sentences, recognize that the recitations herein are material, agree to same, and recognize Title Company is relying on the same. Purchasers /Borrowers Sellers City of Coppell Christina M. Lawson 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 Section 1001 and Section 1010 i i ELECTRONICALLY RECORDED 201000123760 0511712010- -11:35:24 AM ROW 1l5 *Correction* CITY OF COPPELL 5 I r _T � �J PFMUnNT RIGHT OF *AY STATE OF TEXAS § § RNOW AU HEN THESE MSENTS COUNTY OFDALLAS § THAT LOU 5Z known herein as GRANTOR, in consideration of 4ie sun of Ten.and N'o /I00 Dollars ($10.00) and other good and valuable consideration paid, by the City of Capp4 Texas, a municipal corporation of Dallas County, 'Texas, Tecoipt of wb ich is hereby acknowledged, does hereby grant, bargain, and convey to said City (GR AI�lTEE), it successors and assigns, a permanent mot-of-way and the right to coxastruct, reconstruct.and perpetually maintain. a public strect andlor drainage facilities and atdities, torther with .all necessary appurtenances thereto, and with the right and privilege at any and aA times, to enter said permanent right of -way, or any part thereof, as is necessary to the proper use of any o&w right granted herein, and for the purpose of constructing, reconstructing and maintaining said public street and/or drainage facilities and utilities, and for making connections therewith,114 upon and across said permanent right -of way. Said Basement Strip being described in Eabibits "A and w' attached hereto and made a - part hereof for all purposes. That in•cansideration of "benefits above set out, Grantee will remove from the easement strip, su& fences, buildings and other. obstructions as maybe found upon saidproperty. After construction has been completed or after any entry far mpair or maintenance, GRAIIT= sbA except for removed obstruct Lons, rd= fhe surface area of the easement strip to its on,%E l condition as nearly as pro uml taking into consideration, the zatam of the wo& being performed. GRANTOR reserve the tight to use and maintain the surface of the, easement strip for purposes which will "not iu=fte with GRANMS rights hereby granted and agree Bid - GRANTER shall not be obligated for a maintenance and upkeep of the surface area_ TO HAS AND TO HOLD until the City of Coppell, 'Texas,its successors or amgns Aft } 1he purposes aforesaid, the premises above described. EXECUTED a& day of c GRANTOR *Document being re- recorded to correct exhibits. F (- � A .STATE OF 199EX9 § pf lie 11aS § COUNTY OF �' § This instrument was aelmowledged before me on the day of a. zo v by O HY, 5�i �� l c �Sc� - t- C i fi� o -�o 00 �{�� ( ��Y � aw PST Notary Pubirc, s tate of - F L) f cl G( My Commission Expires: q r0 - 201 1 STATE OF TEXAS § COUNTY OF DALLAS § Oc Type/ Print Name of Notary :�?`•'" �Nk� CANDf BEARD MY COMMISSIQN 'ADD 705056 =s= EXPIRES: September 10, 2411 !?f.. • Bortded ihN NWan PLM Underwriters This msinmmt ww acknowledged before me on the , 20 - , by Notary Public, State of Texas My Commission Expires: day of Type I Print Name of Notary EXHIBIT "A" Being a 0.088 of an acre portion of Lot 1 -B, Block A, Shadydale Acres, an addition to the City of Coppell, Dallas County, Texas, as shown by plat recorded in Volume 83102, Page 2642, Plat Records, Dallas County, Texas, and being more particularly described by metes and bounds as follows: BEGINNING at a 1/2 inch iron found on the south line of said Lot 1 -B, same being on the north right -of -way line of Sandy Lake Road (a variable width right -of -way) ; THENCE South 89 0 18'26" West, with said north right -of -way line, a distance of 167.68 feet to the southwest corner of said Lot 1 -B from which a 5/8 inch iron rod found for the southeast corner of a tract of land described to Laura L. Barnett by deed recorded in Volume 97252, Page 2126, Deed Records, Dallas County, Texas, bears South 89 °18'26" West, 101.80'; THENCE North 00 °41'34" West, with the west line of said Lot 1 -13, a distance of 21.58 feet to a 5/8 inch capped iron rod stamped "TNP" set for corner; THENCE EAST, over and across said Lot 1 B, a distance of 192.71 feet to a 5/8 inch capped iron rod stamped "TNP" set on a non - tangent curve to the right, having a radius of 25.00 feet, and a chord that bears South 51'43'39" West, 31.56 feet, from which a 1/2 inch iron rod found bears North 09 0 22'43" East, 2.80 feet; THENCE along said curve to the right, an arc length of 34.16 feet to the POINT OF BEGINNING and containing 0.088 of an acre of land, more or less. a zd i Date: November 4, 2008 Ric y L Gentry, R. P. L. S. Texas Registration No. 5519 Bearings are based on the Texas State Plane coordinate System, North Central Zone (NAD83) Integral parts of this survey: a. Legal Description b. Sketch Sheet 1 of 2 ............................. RICKY L. GENTRY .. Y ..................... \ ; 0 $... 5519 P Sheet 1 of 2 EXHIBIT "B" N F- LU Z N Q d H F m U Q J N C'4 �- N �ar.o 5J O z ^ate~ M U gJ O � w x A a� I x0 C7 Z x NOTES: 1. Bearings are based on the Texas State Plane Coordinate System, North Central Zone (NAD83). 2. Integral parts of this survey. a. Legal Description b. Sketch 0 30 60 120 SCALE: 1 " = 60 0.088 ACRE RIGHT -OF -WAY EASEMENT Situated in Lot 1 —B, Block A, Shadydale Acres City of Coppell Dallas County, Texas 4 K'Y . GENTRY, R.P .S. X REGISTRATION O. 5519 NOVEMBER 4, 2008 DATE: �Q�,�G�STERFO 9� ............................. RICKY L GENTRY .. ..................... \ � 5519 ° \ - � f: U R� • y0 JOB NO. CPL 00243 TEAGUE AMU AND PERKINS Civil Engineering I Surveying Landscape Architecture Planning iC. 1100 Macon Street, Fort Worth, TX 76102 L: \PROJECTS \CPL00243\ cod \survey \EASEMENTS \ROW- 1B.dwg (817) 336 -5773 SHEET 2 OF 2 LOT 1 —A 0.088 ACRE RIGHT —OF —WAY EASEMENT 1 .4 Q 1--1 � LOT 1 A W f � W O (~ I x� U J z O O �O � N O N N00 0 41'34 "W 21.58' S89'1 8'26"W 101.80' EAST / 192.71' "TNP' S89° 18'26 "W 167.68 SANDY LAKE ROAD (VARIABLE WIDTH RIGHT —OF —WAY) BLOCK A SHADYDALE ACRES VOL. 83102, PG. 2642 P.R.D.C.T. i LOT 1 —B 5/8 CIRS RF F D=78 6'53" R= 25.00' POINT OF L= 34.16' BEGINNING CB =N51 °43'39 "E CD= 31.56' LOT 2 LOT 3 LOT 4 BLOCK B GEORGIA PLACE VOL. 991 , 9, PG. 1 P.R.DI.C.T. f � O U J Z am 0 M N d to U W J =NQ O 0> Z 2 W U ; jam w N a' o ix p LOT 1C 2.80' O ; N w W N00 0 41'34 "W 21.58' S89'1 8'26"W 101.80' EAST / 192.71' "TNP' S89° 18'26 "W 167.68 SANDY LAKE ROAD (VARIABLE WIDTH RIGHT —OF —WAY) BLOCK A SHADYDALE ACRES VOL. 83102, PG. 2642 P.R.D.C.T. i LOT 1 —B 5/8 CIRS RF F D=78 6'53" R= 25.00' POINT OF L= 34.16' BEGINNING CB =N51 °43'39 "E CD= 31.56' LOT 2 LOT 3 LOT 4 BLOCK B GEORGIA PLACE VOL. 991 , 9, PG. 1 P.R.DI.C.T. Filed and Recorded Official Public Records John F. Warren, County Clerk Dallas County, TEXAS 05/17/2010 11:35 :24 AM $32.00 201000123760