HomeMy WebLinkAboutClark, Butler, Walsh & Hamann-9/13/2010 (3)Attorneys at Law
315 E. 5th Street • PQ. Box 596 a Waterloo, Iowa 50704. (319) 234-5701
• • • FAX (3 9) 232.9579 • www.cbwh-1 iw.com •
August 17, 2010
Chris.Western
Community Planning & Development
715 Mulberry. St:
Waterloo, IA, 50703
Re: _ 1013 Lafayette St., Waterloo'
Dear Chris: . .
Wallace -W. Butler, Retired
Craig 0. Clark 1923-2004.
Fred G. Clark, Jr. 1922-1984
Emily. C. Bartekoske.
Rebecca A. Feiereisen. •
Timothy W. Hamann.*
Jared R. Knapp
Christy R. Uss
James E. Walsh, Jr. **
Christopher S. Wendland
*'Also admitted in Minnesota
** Also admitted in Illinois, •
Minnesota and Wisconsin
The City apparently has entered a contract to buy the above property. In connection with
that you ordered a' title report from Black Hawk County Abstract & Title: I have reviewed Title
Report No. 611051, certified to July 22,.201 0 at 8:00 a.m.,
Title Holder:
Last grantee of record is JACOB E, GOLDENSTEIN:
Legal Description:
The Southeasterly 49 feet. of Lots 7 and 10 hi Block 24 in, the. Original- Plat on the East'.
Side of the Cedar River, in'the City of Waterloo, Black Hawk County, Jowa.
Mortgages and Liens: `
. A. .. The report shows an open-ended mortgage dated October 7, 2004 and fled
.-November 1-, 2004 asDoc: No. 2005-11029 in favor of US.Bank, National'Association, securing'
credit:in the amount of $32,000.00: This mortgage is -a lien against the premises and should be.
satisfied or released no later than closing:
B: < The report shows two judgments against. beneficiaries under the Will of Jacob E.
Goldenstein,:who died March 3, 2010. Provided the executor has power -to sell the real 'estate, or
if the executor obtains court .approval for the sale, the'property canbe sold without encumbrance'
by these judgment liens. The lien will instead attach to the proceeds from sale of the property. •
Prepared By: Eric W. Johnson, P.O. Box 178, Waterloo, IA 50704-0178 (319)234-1766
Return To: Eric W. Johnson, P. 0. Box 178, Waterloo, IA 50704-0178
Address Tax Statement to: The City of Waterloo Iowa, 620 Mulberry, Waterloo, IA 50703
COURT OFFICER DEED
In the Matter of the Estate of Jacob E. Goldenstein
now pending in the Iowa District Court
in and for Black Hawk County. ESPR057814
Pursuant to the authority and power vested in the undersigned, and in consideration of
One ($1.00) Dollar and other valuable consideration, the undersigned, in the representative
capacity designated below, hereby Convey(s) to The City of Waterloo Iowa the following
described real estate in Black Hawk County, Iowa:
The Southeasterly 49 feet of Lots Nos. 7 and 10, in Block No. 24 in the Original Plat on
the East Side of the Cedar River, in the City of Waterloo, Black Hawk County, Iowa.
Subject to restrictions, covenants, ordinances, easements, and limited access provisions of
record.
Words and phrases herein, including acknowledgement hereof, shall be construed as in
the singular or plural number, and as masculine, feminine or neuter gender, according to the
context.
Dated:
Jacob E. Goldenstein Estate
Cti aw-/
B `' hylis A. Avis
Its: Executor
State 'of Iowa
County of Black Hawk )ss
This instrument was acknowledged before me on this 13 day of
by Phylis A. Avis, as Executor of the Jacob E. Goldenstein Estate.
MARIANN BERG
COMMISSION # 122013
MY COMMISSION EXPIRES
0.51-- r?
sjap•I-eni 12eV2o1o,
)()IckAx-mikcY\ S" 6 tj
Notary Public
U.B. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
, A. HUD -1 UNIFORM SETTLEMENT STATEMENT
B. Type of Loan
1.[ ] FHA 2.[ ] FmHA 3.[ ]Conv. Unins.
16.
4.[ ] VA 5.[ ] Cony. Ins. File Number: I7. Loan Number: 8. Mortgage Insurance Case Number:
C. NOTE: This form furnishes a statement of 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 for informational purposes and are not included in the totals.
D: Name & Address of Borrower: F. Name & Address of Lender:
City of Waterloo
620 Mulberry Street
Waterloo, IA 50703
G. Property Location:
1013 Lafayette Street
Waterloo, IA 50703
E. Name, Address & TIN of Seller:
Estate of Jacob Goldenstein
750 River Forest Road, Lot 9
Evansdale, IA 50707
J. Summary of Borrower's Transaction
100. Gross Amount Due from Borrower:
TIN of Seller.
Place of Settlement
620 Lafayette St.
Waterloo, IA 50703
H. Settlement Agent:
Beecher Law Firm
101. Contract sales • rice
102. Personal Pro • e
103. Borrower's settlement cha • es
104.
105.
Ad ustments for items paid b
106. Ci /town taxes
107. Coun taxes
108. Assessments.
109.
110.
111.
112.
113.
120. Gross Amount Due from Borrower
200. Amounts Paid b or In Behalf of .Borrower:
line 1400
22,500.00
1,286.00
seller In advance
to
to
I. Settlement Date: 911/ -,P's
K. Summary of Seller's Transaction
400. Gross Amount Due to Seller:
401. Contract sales •rice
402. Personal Pro • e
403.
404.
405.
Adjustments for
22,500.00
items • aid b seller in advance
0.00 406. CI /town taxes to
0.00 407. Coun taxes to
0.00 408. Assessments to
0.00
0.00
0.00
201. De
•
202. PrincI • aI Amount of Loan
osits or eamest mons
23,786.00 420. Gross Amount Due to Seller
500. Reductions in Amount Due to Seller
0.00 501. Excess de•osit see instructions
203. Existin • loan s tdken sub ect to
204. Contract to Bu er from Seller
205. Mort•a
e from Bu er to Seller
206. Home Re • airs Credit
207.
208.
209.
Adjustments for items un • ald b seller
210. Ci /town taxes to
211. Coun taxes * 7/1/10 to
212. Coun taxes to
502. Settlement char• es to seller line 1400
503. Existin • loan s taken sub ect to
504. Contract to Bu er from Seller
505. Pa off to
22,500.00
507. Retained Eamest Mone
Adjustments for items unpaid by seller
0.00 510. Ci /town taxes to
0.00 511. Coun taxes 7/1/10 to
213. to
214.
215. *Bu er a roes to no • roration credit for
216. •ro•e taxes
512. Coun taxes
0.00 513. to
217.
218.
219.
220. Total Paid B /for Borrower
300. Cash at Settlement From/to Borrower
301. Gross amount due from borrower (line 120)
302. Less amounts paid by/for borrower (line 220)
303. Cash 11:81 from ID to Borrower
0.00 520. Total Reduction Amount Due Seller
23,786.00
0.00
23,786.00
600. Casflipt Settlement To/from Seller
601. Gross amount due to seller (line 420)
602. Less reductions In amount due seller (line 520)
603. Cash 'Zito ni from Seller
22,500.00
35.20
22,464.80
Substitute Form 1099 Seller Statement
The information in Blocks E, G, H, I & line 401 (or, if line 401 is asterisked, line 403 and 404) is important tax information and isibeing furnished
to the internal Revenue Service. If you are required to file a retum, a sanction will be imposed on you if this item is required to'be reported and
the IRS determines that it has not been reported. If this real estate is your principal residence, file Form 2119, Sale or Exchange of Principal
Residence, for any gain, with your income tax retum; for other transactions, complete the applicable parts of Form 4797, Form 6252 and/or
Schedule D (Form 1040). You are required to provide the Settlement Agent (named above) with your correct taxpayer identification number. If
you do not provide the Settlement Agent with your taxpayer identification number, you may be subject to civil or criminal penalties imposed by
law. Under penalties of perjury, I certify that the number shown on this statement is my correct taxpayer identification number.
City of Waterloo Buyer
e s .1-er te‘ e et VI r
BY:
Estate of Jacob Goldenstein Seller
ITS: BY: Phy,rs A. Avis ITS: Executor
Copyright 2000 David James Thorpe, Esq.
L: Settlement Charges
700 ftlSl
o a . a es/Boker s t•ommission: oasea on • rice
Paid from
Paid From
Seller's
Funds at
Settlement
Division of Commission line 700 as follows: ', 00 • 0.00% less retained eamest mone
Borrower's
701.
Funds at
702.
1 .• u„ • e • - . • t•Settlement
704.
810: Ite s Pa -ble In Connection with Loan
:1 •.j - . 1• •
802. Lo -n Discount fee
803. A • • raisal fee to
}I .i uIu,=,
;i.
808.
809.
810. Tax Service Provider fee
813.
814.
900. Items Re • ulred b Lender to Be Paid In Advance
901. Interest from to @ per day .
0.00
901. Interest from to @ per day
903. Hazard Insurance Premium
904.
.
905.Coun Pro se Taxes 1 ear
1000. Reserves De • oslted with Lender
1001. Hazard insurance months • '. •er month
0.00
1002. Mort! a! a Insurance months • '. • er month
0.00
1003. Cl • ro • e taxes months • ', • er month
0.00
1004. Coun •ro•e taxes months • '. •er month
0.00
1005. Annual assessments months • '. •er month
0.00
1006. months • ', • er month
0.00
1007.
1008.
1009. A' ! re • ate Accountin • Ad ustment
1100. Title Char. es
1101. Closing fee to Beecher Law Firm
11 mew: _e ::!•l -:t• :- .,, . • , :0 tr. t� It:
-•
1103. Title examination to
1104.
1 • :J • :•.r . .
1106. Attome s fees to
_-
1107.
1108. Title Insurance to:
1109
1110.
1111. Lender's coverage
1112. Owner's covera • e
1113.
-_
1114.
1200. Government Recording and Transfer Charges to: Black Hawk County Recorder
:: . . go ::. ' 111111=11MTVAI
1202. Recordin
1203.
1204.
1205. Revenue stem •s
35.20
1206.
1300. Additional Settlement Char. es
1301. Reimbursement for Allstate Homeowners insurance •otic to: Ph Hs Avis
453.00
1302.
1303. Treasurer Black Hawk Coun
819.00
--
1304.
1305.
1306.
1307.
-�
1 286.00
35.20
1308. Co • Char• e to Beecher Law Firm
1400. Total Settlement Chars es Is Number Transfers to Lines 103 & 502 Above
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 the HUD -1
Settlement Statement.
City of Waterloo
Buyer
C H r•'s wtsf--zrvA Pia h vi er TL
BY:
ITS:
Estate of Jacob Goldenstein
BY: ylis A. Avis ITS: Executor
To the best of my knowledge the HUD -1 Settlement Statement which I have prepared is true and accurate account of the funds which were
received and h beep or will be di rsed by the undersigned as part of the settlement of this transaction.
Seller
1-6
Beecher Law Firm
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.
Settlement Agent
Date