Loading...
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