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2003-022
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2003-022
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Last modified
9/6/2016 10:09:48 AM
Creation date
9/30/2015 6:16:11 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
02/04/2003
Control Number
2003-022
Agenda Item Number
7.T.
Entity Name
Lost Tree Village Corporation
Subject
Closing documents for Lost Tree Islands
Archived Roll/Disk#
3160
Supplemental fields
SmeadsoftID
2808
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Continuation of Closing Statement-Page Four <br /> RECEIPTS <br /> RECEIPTS: <br /> Deposit held by Robert D.Schwartz, P.A. $ 500,000.00 <br /> Interest Due from Robert D. Schwartz, P.A. $ 711.00 <br /> Additional Funds Due from Purchaser $ 14,635,420.58 <br /> TOTAL RECEIPTS: S 15.136.131.58 <br /> DISBURSEMENTS: <br /> 1. Indian River County Clerk of the Circuit Court: $ 105,853.20 <br /> Recording Fees and Doc Stamps <br /> 2. Robert D. Schwartz, P.A.: $ 36,935.00 <br /> Title Premium for Owner Policy&Title Search <br /> 3. Lost Tree Village Corporation: $ 14,993,343.38 <br /> Net Sales Proceeds <br /> TOTAL DISBURSEMENTS: $ 15,136,131.58 <br /> DISBURSEMENT INSTRUCTIONS <br /> 1. Item Nos. 1 and 2 shall be paid by out of the$500,000.00 deposit held by Settlement Agent. <br /> 2. Item No.3 shall be wired to Seller by Settlement Agent and Purchaser to Seller in accordance <br /> with the following wire instructions: <br /> Funds to be wired by Purchaser: $ 14,635,420.58 <br /> Funds to be wired by Settlement Agent: $ 357,922.80 <br /> $ 14,993,343.38 <br /> WIRE TO: <br /> Bank The Northern Trust Company <br /> ABA# ABA#071-000-152 <br /> For Credit to Lost Tree Village Corporation <br /> 3399 PGA Blvd.,Suite 260 <br /> Palm Beach Gardens,FL 33410 <br /> Account No. 907-123-6746 <br />
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