SettlementStatement(HUD-1)

HUD-1PreviouseditionsareobsoletePage1of3

OMBApprovalNo.2502-0265

()

B.TypeofLoan

6.FileNumber:7.LoanNumber:8.MortgageInsuranceCaseNumber:1.FHA2.RHS3.Conv.Unins.4.VA5.Conv.Ins.

C.Note:

Thisformisfurnishedtogiveyouastatementofactualsettlementcosts.Amountspaidtoandbythesettlementagentareshown.Itemsmarked“(p.o.c.)“werepaidoutsidetheclosing;theyareshownhereforinformationalpurposesandarenotincludedinthetotals.D.Name&AddressofBorrower:E.Name&AddressofSeller:F.Name&AddressofLender:G.PropertyLocation:H.SettlementAgent:I.SettlementDate:PlaceofSettlement:

ThePublicReportingBurdenforthiscollectionofinformationisestimatedat35minutesperresponseforcollecting,reviewing,andreportingthedata.Thisagencymaynotcollectthisinformation,andyouarenotrequiredtocompletethisform,unlessitdisplaysacurrentlyvalidOMBcontrolnumber.Noconfidentialityisassured;thisdisclosureismandatory.ThisisdesignedtoprovidethepartiestoaRESPAcoveredtransactionwithinformationduringthesettlementprocess.

J.SummaryofBorrower’sTransactionK.SummaryofSeller’sTransaction

100.GrossAmountDuefromBorrower400.GrossAmountDuetoSeller

101.Contractsalesprice401.Contractsalesprice102.Personalproperty402.Personalproperty103.Settlementchargestoborrower(line1400)403.104.404.105.405.

AdjustmentforitemspaidbysellerinadvanceAdjustmentsforitemspaidbysellerinadvance

106.City/towntaxesto406.City/towntaxesto107.Countytaxesto407.Countytaxesto108.Assessmentsto408.Assessmentsto109.409.110.410.111.411.112.412.

120.GrossAmountDuefromBorrower420.GrossAmountDuetoSeller200.AmountsPaidbyorinBehalfofBorrower500.ReductionsInAmountDuetoSeller

201.Depositorearnestmoney501.Excessdeposit(seeinstructions)202.Principalamountofnewloan(s)502.Settlementchargestoseller(line1400)203.Existingloan(s)takensubjectto503.Existingloan(s)takensubjectto204.504.Payoffoffirstmortgageloan205.505.Payoffofsecondmortgageloan206.506.207.507.208.508.209.509.

AdjustmentsforitemsunpaidbysellerAdjustmentsforitemsunpaidbyseller

210.City/towntaxesto510.City/towntaxesto211.Countytaxesto511.Countytaxesto212.Assessmentsto512.Assessmentsto213.513.214.514.215.515.216.516.217.517.218.518.219.519.

220.TotalPaidby/forBorrower520.TotalReductionAmountDueSeller300.CashatSettlementfrom/toBorrower600.CashatSettlementto/fromSeller

301.Grossamountduefromborrower(line120)601.Grossamountduetoseller(line420)302.Lessamountspaidby/forborrower(line220)()602.Lessreductionsinamountdueseller(line520)

303.CashFromToBorrower603.CashToFromSeller

1111122222222249-00000000Bob Borrower123 Main StreetAnywhere, USA 00000Samantha Seller456 Home PlaceAnywhere, USA 00000XYZ Lender456 Main StreetSomewhere, USA 00000456 Home PlaceAnywhere, USA 00000Lot 12, Blk 2, Great View SubdivisionTitle Town USAMay 8, 2009$300,000.00$300,000.00$14,358.85$314,358.75$300,000.00

Earnest money deposit

$2,000.00$294,566.00$18,228.00$247,000.00$1,368.00$2,000.00$1,368.00

$266,596.00

$314,358.85$300,000.00$16,424.85$31,404.00

Print Form

222 Your Corner, Any Town, USA 00000Seller credit for transfer taxesSeller credit for transfer taxes

$297,934.00

HUD-1PreviouseditionsareobsoletePage2of3

L.SettlementCharges

700.TotalRealEstateBrokerFees

Divisionofcommission(line700)asfollows:701.$to702.$to703.Commissionpaidatsettlement704.

800.ItemsPayableinConnectionwithLoan

801.Ouroriginationcharge$

(fromGFE#1)

802.Yourcreditorcharge(points)forthespecificinterestratechosen$

(fromGFE#2)

803.Youradjustedoriginationcharges

(fromGFEA)

804.Appraisalfeeto

(fromGFE#3)

805.Creditreportto

(fromGFE#3)

806.Taxserviceto

(fromGFE#3)

807.Floodcertification

(fromGFE#3)

808.

900.ItemsRequiredbyLendertoBePaidinAdvance

901.Dailyinterestchargesfromto@$/day

(fromGFE#10)

902.Mortgageinsurancepremiumformonthsto

(fromGFE#3)

903.Homeowner’sinsuranceforyearsto

(fromGFE#11)

904.

1000.ReservesDepositedwithLender

1001.Initialdepositforyourescrowaccount

(fromGFE#9)

1002.Homeowner’sinsurancemonths@$permonth$1003.Mortgageinsurancemonths@$permonth$1004.Propertytaxesmonths@$permonth$1005.months@$permonth$1006.months@$permonth$1007.AggregateAdjustment–$

1100.TitleCharges

1101.Titleservicesandlender’stitleinsurance

(fromGFE#4)

1102.Settlementorclosingfee

1103.Owner’stitleinsurance

(fromGFE#5)

1104.Lender’stitleinsurance$1105.Lender’stitlepolicylimit$1106.Owner’stitlepolicylimit$1107.Agent’sportionofthetotaltitleinsurancepremium$1108.Underwriter’sportionofthetotaltitleinsurancepremium$

1200.GovernmentRecordingandTransferCharges

1201.Governmentrecordingcharges

(fromGFE#7)

1202.Deed$Mortgage$Releases$1203.Transfertaxes

(fromGFE#8)

1204.City/Countytax/stampsDeed$Mortgage$1205.Statetax/stampsDeed$Mortgage$1206.

1300.AdditionalSettlementCharges

1301.Requiredservicesthatyoucanshopfor

(fromGFE#6)

1302.$1303.$1304.1305.

1400.TotalSettlementCharges(enteronlines103,SectionJand502,SectionK)

PaidFromBorrower’sFundsatSettlementPaidFromSeller’sFundsatSettlement

Earnest money deposit held by RE #2 $2,000 P.O.C.9,360.00RE #1RE #2

3,00039.59

$3,250.00$250.00

$40.00

$76.00$12.00Flood Certification Company$910.57$5,066.25$600.00

$516.03$925.00$725.00175.00294,566300,000720.00 to Title180.00 to Title684.00$50.0025.00$1,368.0025.00684.00225.00$270.0045.00Home warranty to Home Warranty Company

$14,358.85

9,360.00$16,720.00

1FHA125/85/31Insure-It

132.69

132.6950.0050.00

ABC Broker/XYZ LenderAppraisal CompanyCredit Report CompanyTax Service Company

6,250

3166.67

500.01-166.6715.00684.00684.00$300.00Survey to Measure-ItPest inspection to Rid-A-Bug

$18,228.00

$125.0015.00$1,368.00Title Town USATitle Town USA/Title UnderwriterTitle Town USA/Title Underwriter