Fidelity National Title

Fidelity National Title INSURANCE COMPANY 11211 North Tatum Blvd. #150 • Phoenix, AZ 85028 Mr. and Mrs. Leon D. Black c/o Apollo Management 1301 Avenue of the Americas, 38th floor New York, New York 10019 DATE: Decrial& ESCROW NO: PROPERTY ADDRESS: The above referenced escrow has closed as of this date. The following item(s) are enclosed for your records: Certified copy of HUD I Settlement Statement Copy of Home Warranty application (two applications, one for main residence and one for guest house) PROPERTY TAXES ARE YOUR RESPONSIBILITY. The law does not require that Property tax statements or notices be mailed, but it places the responsibility for payment entirely upon the owner after the close of escrow. First installment is due and payable September 1 and delinquent November 1; second installment is due and payable March 1 and delinquent May 1. If you do not receive a property tax bill one month prior to delinquency, a written request, including the assessors parcel number and legal description, must be made to the County Tax Collector. However, if yours is an impounded loan, property taxes will be paid by the Lender when due. Recorded documents to which you are entitled will be mailed to you by the County Recorder. Your policy of Title Insurance will follow under separate cover. We trust that this transaction has been handled to your satisfaction and look forward to the opportunity of seeing you again in the near future. Sincerely, Fidel' National Title Insura ce Company enclosure(s) Buyipt Closing Lotter flisv. 9/98) EFTA01199977 A. U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SETTLEMENT STATEMENT Fidelity National Title Insurance Company B. TYPE OF LOAN 1.• I I FHA 2. I I FmHA 3. I 1 Cony. Unins 4. I 1 VA 5. I 1 Cony. Ins 6. 7. LOAN NUMBER: 8. MORTGAGE INSURANCE NUMBER: NOTE: THIS FORM IS FURNISHED TO GIW YOU A STATEMENT OF THE ACTUAL SETTLEMENT COSTS. AMOUNTS HUD TO NC BY TIE SETTLEMENT AGENT ARE SHOWN. ITEMS MARKED "IP.O.C.r WERE PAO OUTSDE OF THE CLOSNG: THEY ARE SHOWN HERE FOR INFORMATIONAL PURPOSES NC ARE NOT INCLUDED IN THE TOTALS. D. NAME OF BORROWER: Leon D. Black and Debra Ressler Black E. NAME OF SELLER: George A. Schreiber, Jr. and Susan V. Schreiber F. NAME OF LENDER: G. PROPERTY Loc • H. SETTLEMENT AGENT: Fidelity National Title Insurance Company I. SETTLEMENT DATE: 12/28/1999 PLACE OF SETTLEMENT: 11211 North Tatum Blvd. #150 Phoenix, AZ 85028 J. SUMMARY OF BORROWER'S TRANSACTIONS V. SUMMARY OF SELLER'S TRANSACTIONS 100. GROSS AMOUNT DUE FROM BORROWER 100. GROSS AMOUNT DUE TO SELLER 101. Total Consideration 1,530,000.00 401. Total Consideration 1,530,000.00 102. Personal Property 402, Personal Property 103. Settlement charges to borrower (line 1400) 76,016.25 403. 104. 404. 105. 405. Adjustments: Items Paid by Seller in Advance Adjustments: Items Paid by Seller in Advance 106. City/Town Taxes 406. City/Town Taxes 107, County Taxes 407. County Taxes 108. Assessments 408. Assessments 109. 409. 110. 410. -tplut P626 111. EN -- ctION't 411. tco 1° 15 u laq OF THE U 112 etyt-0? 41 . 113. 413. 114. 414. V 115. 415. 116. 416. 117. 117, 118. 418. i 120. GROSS AMOUNT DUE FROM BORROWER 1,606,016.25 420. GROSS AMOUNT DUE TO SELLER 1,530,000.00 200. AMOUNTS PAID.BY OR IN BEHALF OF BORROWER 300. REDUCTIONS IN AMOUNT DUE TO SELLER 201. Deposit or earnest money 1,602,989.93 501. Excess deposit (see inst.) 202. Principal amount of new loan(s) 502. Settlement charges to seller (lira 1400) 96,694.83 203, Existing loan(s) taken subject to 303. Existing loan(s) taken sublet/3 to 204, 504. Payoff TO Bank Of America 1,015,551.25 205, 505. Payoff To First Union National Bank 100,667.52 206. 306. 207, 507. 208, 508. 209. 309. Adjustments: Items Unpaid by Seller Adjustments: Items Unpaid by Seller 210. City/Town taxes 510. City/Town Taxes 211. PPD County Taxes fr 07/01/99 to 12/28/99 3,026.32 Cal 1. PPP County Taxes fr 07/01/99 to 12/28/99 3,026.32 212. Assessments S12 Assessments 213. 513. 214, 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. TOTAL PAID BY/Fon BORROWER 1,606,016.25 520. TOTAL REDUCTIONS IN AMOUNT DUE SELLER 1,215,939.92 -300. CASH AT SETTLEMENT FROM/TO BORROWER 500, CASH AT SETTLEMENT FROM/TO SELLER 301, Gross amount due from borrower (line 120) 1,606,016.25 501, Gross amount due to seller (lino 420) 1,530,000.00 302. Less amounts Laid by/for borrower (line 220) 1,606,016.25 602. Less reduction in amount duo seller (In 520) 1,215,939.92 303. CASH ( FROM) 1 TOI BORROWER 0.00 303. CASH I FROM/ (XX TO) SELLER 314,060.08 EFTA01199978 L. SETTLEMENT STATEMENT Escrow: 50001289-ST 700 TOTAL SALES/BROKER'S COMMISSION based on price $1,530.000,00 @ 6.00% i= ;91,800.00 PAID FROM BORROWER'S FUNDS AT SETTLEMENT PAID FROM SELLER'S FUNDS AT SETTLEMENT Division of Commission (line 700) as follows: 701. 45,900.00 - Caldwell Banker Success Realty 702. 45,900.00 - Realty Executives 703. Commission paid at settlement 91,800.00 704. eoO. ITEMS PAYABLE IN CONNECTION WITH LOAN 801. Loan Origination Fee 802. Loan Discount 803. Appraisal Fee 804. Credit Report 805. Lender's Inspection Fee 806. Mortgage Insurance Application Fee 807. 808. 809. 810. 811. 812. 813. 814. 900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901. Int at 0.0000% fr / / to / / 902. Mortgage Insurance Premium 903. Hazard Insurance Premium to 904. Flood Insurance Premium to 905. 1000., RESERVES DEPOSITED WITH LENDER 1001. Hazard Insurance months @ 3 per month 1002. Mortgage Insurance months @ S per month 1003. City property taxes months @ 4 per month 1004. County property taxes months @ 4 per month 1005. Annual assessments months @ $ per month 1006. 1007. 1008. 1100. ESCROW AND TITLE CHARGES 1101. Settlement or closing foo to Fidelity National Title Insurance Company 474.25 474.25 1102. Abstract or Title Search 1103. Title Examination 1104. Title Insurance Binder 1105. Dooument preparation 1106. Notary fees 1107. Attorney Fees 1108. Title Insurance Fidelity National Title Insurance Company 2,428.58 1109. Lender's coverage - $0.00 @ 40.00 1110. Owner's coverage ALTA Residential/Plain Language (6.1.87) $1,530,000.00 0 $2,428.58 1111. Sub Escrow Fee 1112. Express Mail 28.00 28.00 1113. Wire Fee 14.00 14.00 1114. 1115. 1116. O,1407,I9SA PEFY CHARGES 1201. Recording Fees: Dead 8 10.00 Mortgage $0.00 Roconveyancels) $20.00 10.0D 20.00 1202. City/County tax/stamps: Deed 4 Mortgage $ 1203. State Tax/stamps: Deed 8 0.00 Mortgage 4 1204. Affidavit of Value 2.00 1205. 1300. ADDITIONAL SETTLEMENT CHARGES . . . 1301. Survey 1302. for Termite Report/Work - Phoenix Pest & Termite Control 83.00 1303. for Home Protection Polioy - First American Home Protection 490.00 500.00 1304. Recon/Tracking fee • Fidelity National Title Ins. Co. 150.00 1305. 1st half 1999 taxes paid (93,068.35) - 1306. Septic Certification - A-American Septic Service 195.00 1307. reimburse et close of escrow - Shirley B. Kash 75,000.00 1308. cleaning/repairs - Jack's Septic & Tank Service 1,000.00 1309. - 1310.- 1311. Other Charges - See Attached 1400. TOTAL SETTLEMENT CHARGES (enter on lines 103, Section J and 602, Section K) 76,016.25 96,694.83 EFTA01199979 Wednesday, December 29, 1999, 11:44 Escrow: ATTACHMENT TO RESPA DEPOSITS TO ESCROW BUYER SELLER Leon D. Black/Shirley B. Kash 25,000.00 SHIRLEY B. KASH 50,000.00 DEPOSITS TO ESCROW Leon D. Black 1,527,989.93 PAYOFF CHARGES FOR Bank Of America Principal Balance 993,625.59 Interest to 01/01/00 6,003.15 Forwarding/Demand Fee 20.00 Reconveyance Fee 30.00 Prepayment Penalty 15,872.51 PAYOFF CHARGES FOR First Union National Bank Principal Balance 100,667.52 CHARGES FROM LINE NO. 1311 ADDENDUM TO HUD 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. BORROWER'S: Leon D. Black Debra Ressler Black SELLER'S: George A. Schreiber, Jr. Susan V. Schreiber The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused, or willcause, the funds to be disbursed in accordance with this statement. Settlement Agent Date WARNING: It Is a crime to knowingly make false statements to the United States on this or any similar form. Penalties upon conviction can include a fine or Imprisonment. For details see: Tide 18 U.S. Code Section 1001 and Section 1010. EFTA01199980 SIGNATURE ADDENDUM ESCROW NO: 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. BORROWERS/BUYERS z4s-ad Leon .R. Black Debra Ressler Black SELLERS 1$40,7 . 4, ad -84)/1 George . Schreiber, Jr. DATE: DATE: fro-n usan V. Schreiber The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused, or will cause, the funds to be disbursed in accordance with this statement. SETTLEMEN GENT DATE: WAR IN : It is rim nowingly m false statements to the United States on this or any other simil form. Penalties upon conviction include a fine and imprisonment. For details, see Title 18 U.S. Code Sections 1001 and 1010. EFTA01199981 IL/GO/laaa Vq:staen riso‘ amossuan nymo 41",111. 4. Va. FIRST AMERICAN HOME BUYERS PROTECTION FAX BILLING REQUEST To FAX Number: • Attention: SHERYL FIDELITY NATIONAL TITLE ESCROW 11211 N TATUM BL 8150 PHOENIX, AZ 85028 Reference File Number: First American Home Buyers Protection has been ordered for: 5226 E DESERT VISTA RD A, SCOTTSDALE, AZ 85253 Buyer: BLACK Options Ordered: AIR COND. Confirmation Number: -796451 We would appreciate your assistance, as follows: 1. Please make our premium check upon closing payable to: First American Home Buyers Protection P.O. Box 10180 Van Nuys, CA 91410-0180 2. Premium amount to be paid is: 295.00 3. Please include the buyers name and the date of close on your premium check. The contract is valid only if the premium is received by us within 20 working days of the close. If you have any tions lease contact our Processin De artment at: . The Fax number is Thank you very much, First American Home Buyers Protection Please detach and give to buyer Your First American Home Warranty contract will be mailed to you. For re airs on our covered systems and appliances, please call 24 hours per day, 7 days per week. When calling, please reference your property address. P.O. BOX 10180 VAN NUYS. CALIFORNIA 91410-0180 TELEPHONE an Phone in Applications- Fax in Applications: EFTA01199982 us:gzrm pirot Amozsuan &sumo a. • ••••••• .o. sar FIRST AMERICAN HOME BUYERS PROTECTION FAX BILLING REQUEST To FAX Number: • Attention: SHERYL FIDELITY NATIONAL TITLE ESCROW 11211 N TATUM BL *150 PHOENIX, AZ 85028 Reference File Number: First American Home Buyers Protection has been ordered for: 5226 E DESERT VISTA RD, SCOTTSDALE, AZ 85253 Buyer: BLACK Options Ordered: AIR COND.,POOL/SPA KITCHEN REFRIG Contract Number: 4401046 795388-2 We would appreciate your assistance, as follows: 1. Please make our premium check upon closing payable to: First American Home Buyers Protection P.O. Box 10180 Van Nuys, CA 91410-0180 2. Premium amount to be paid is: 695.00 3. Please include the buyers name and the date of close on your premium check. The contract is valid only if the premium is received by us within 20 working days of the close. If you have any uestions lease contact our Processing Department at: . The Fax number is Thank you very much, First American Home Buyers Protection P.O. BOX 10180 VAN NUYS. CALIFORNIA 91410-0180 TELEPHONE Phone in Applications: Fax in Applications: EFTA01199983