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OMB NO, 2502-0265 7F
<br /> A. B. TYPE OF LOAN:
<br /> U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT 1 _ QFHA 2 . QFmHA 3. 0CONV._UN INS . 4. QVA 5. [] CONV. INS ,
<br /> 5. FILE NUMBER: 7. LOAN NUMBER:
<br /> SETTLEMENT STATEMENT 07-4261 PFD
<br /> S . MORTGAGE INS CASE NUMBER :
<br /> C . NOTE : This form is fumishad to g/ve you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown.
<br /> Items marked "[POC]" were paid outside the closing; they aro shown here for informational purposes and are not Included in the totals.
<br /> 1,0 3NS (07-4261 PFO.PFD/07-4261 PFD/65)
<br /> D . NAME AND ADDRESS OF BUYER: E. NAME AND ADDRESS OF SELLER: F. NAME AND ADDRESS OF LENDER :
<br /> CITY OF FELLSMERE a Florida municipality FELLSMERE DEVELOPMENT CORP. , INC.
<br /> within Indian River Cty, FL DEAN FRED LUETHJE, TRUSTEE of the Dean Fred
<br /> INDIAN RIVER COUNTY, FL Luethje Living Trust U/A/D 4/212004
<br /> a political subdivision of the
<br /> State of Florida
<br /> G . PROPERTY LOCATION: H. SETTLEMENT AGENT: 74-3200042 1. SETTLEMENT DATE:
<br /> Tax No's. 483720 - 483750 - VACANT LAND REINMAN , DURHAM & SACK, PA
<br /> FELLSMERE , FL June 13 , 2008
<br /> Indian River County, Florida PLACE OF SETTLEMENT
<br /> 1825 Riverview Dirve
<br /> Melbourne, FL 32901
<br /> J. SUMMARY OF BUYER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION
<br /> 100 . GROSS AMOUNT DUE FROM BUYER: 400. GROSS AMOUNT DUE TO SELLER:
<br /> 101 . Contract Sales Price 1 5,425 000.00 401 . Contract Sales Price '115 ,425 . 000 . 00
<br /> 102. Personal Property 402 . Personal Property
<br /> 103. Settlement Charges to Buyer Line 1400 190.00 403. i
<br /> 104. 404.
<br /> 105. 405.
<br /> Adjustments For items Paid BY Seller in advance Adjustments For items Paid By Seller in advance
<br /> 106. Ci /Town Taxes to 406. CI /Town Taxes to i
<br /> 107. CountyTaxes to 407. CountyTaxes to
<br /> 108 . Assessments to 408. Assessments to
<br /> 109. 409.
<br /> 110• 410 .
<br /> ill . 411 .
<br /> 12. 412.
<br /> I
<br /> 120. GROSS AMOUNT DUE FROM BUYER I 5,425, 190.00 420. GROSS AMOUNT DUE TO SELLER 5 ,425 ,ODO. 00
<br /> 200. AMOUNTS PAID BY OR IN BEHALF OF BUYER: 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 617,346. 14
<br /> 203. Existing loans taken subject to 503. Existing loans taken subject to 1
<br /> 204. STATE OF FLORIDA - FCT 4,9071051 .00 504. Payoff First Mortga e
<br /> 205 . CITY OF FELLSMERE PD BY IRC 542,873.00 505. Pao Second Mo a e
<br /> 206 . 506.
<br /> 207. 507.
<br /> 208. 508-
<br /> 209 . I . 509-
<br /> AcYusbrnents For Items Unpaid By Seller Adjustments For Items Unpaid By Seller
<br /> 210. Ci / Town Taxes to 510. Cityfrown Taxes to
<br /> 211 . County Taxes to 511 . Countv Taxes to 1
<br /> 212 . Assessments to 512. Assessments to
<br /> 213 . 513. 1
<br /> 214. 514.
<br /> 215. 515.
<br /> 216. 516.
<br /> 217. 517. Felismere Proceeds to Fellsmere Development Corp. , 1 43514,470.34
<br /> 218 , 518. Dean Proceeds to Dean Lueth e, Trustee 1 293, 18352
<br /> 219 . 519.
<br /> 220, TOTAL PAID BY/FOR BUYER 51449 ,924.00 520. TOTAL REDUCTION AMOUNT DUE SELLER 59425,000.00
<br /> 300. CASH AT SETTLEMENT FROMITO BUYER: 600. CASH AT SETTLEMENT TOIFROM SELLER:
<br /> 301 . Gross Amount Due From Buyer Line 120 5,425, 190.00 601 . Gross Amount Due To Seller Line 420 5,425, 000.00
<br /> 302. Less Amount Paid /For Buyer Line 220) ( 5,449 924.00) 602. Less Reductions Due Seller (Line 520) ( 5 ,425,000.00
<br /> 303. CASH ( FROM ) ( X TO ) BUYER 24,734.00 603. CASH ( TO ) ( FROM ) SELLER 0 .00
<br /> The undersigned hereby acknowledge receipt of a completed copy of pages 1 &2 of this statement & any attachments referred to herein .
<br /> I HAVE CAREFULLY REVIEWED THE HUD-1 SETTLEMENT STATEMENT AND TO THE BEST OF MY KNOWLEDGE AND BELIEF, IT IS A TRUE AND
<br /> ACCURATE STATEMENT OF ALL RECEIPTS AND DISBURSEMENTS MADE ON MY ACCOUNT OR BY MEIN THIS TRANSACTION . I FURTHER CERTIFY
<br /> THAT I HAVE RECEIVED A COPY OF THE HUD-1 SETTLEMENT STATEMENT.
<br /> Buyer CITY OF FELLSMERE , a Florida municipality within Indian Seller FELLSMERE DEVELOPMENT CORPORATION , INC. , a
<br /> River County, FL Florida corporation
<br /> By: BY
<br /> Sara Savage - Mayor Charles W. Hoyman , Treasure-Director
<br /> INDIAN RIVER COUNTY, FL, a political
<br /> subdivision of the State of Florida Dean Fred Luethje, Individually and asTrustee of the Dean
<br /> By, Fred Luethje Living Trust U/A/D 4/212004
<br /> TO THE BEST OF MY KNOWLEDGE, THE HUD-1 SETTLEMENT STATEMENT WHICH I HAVE PREPARED IS A TRUE AND ACCURATE ACCOUNT OF THE
<br /> FUNDS WHICH WERE RECEIVED AND HAVE BEEN OR WILL BE DISBURSED BY THE UNDERSIGNED AS PART OF THE SETTLEMENT OF THIS
<br /> TRANSACTION. pp g
<br /> Saute:ment Agent mg Services , LLC
<br /> WARNING: IT IS A CRIME TO KNOWINGLY MAKE FALSE STATEMENTS TO THE UNITED STATES ON THIS OR ANY SIMILAR FORM. PENALTIES UPON
<br /> CONVICTION CAN INCLUDE A FINE AND IMPRISONMENT. FOR DETAILS SEE: TITLE 18 U .S. CODE SECTION 1001 & SECTION 1010.
<br /> * Appro d y BCCA May 1 3 , 2008
<br /> By
<br /> Marian E. Fell
<br /> Senior Assistant County Attorney
<br />
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