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� � a. Settlement Statement U.S.Department of Housing OMB No.�02-Q265 <br /> and lirban Development <br /> B.Ty of Loan <br /> L ❑ FHA 2. ❑FmHA 3_ ❑ConvUnins b.File Number 7.Loan Number 8.Morigaee Ins Case Number <br /> d. ❑VA 5. ❑Com Ins. 6. �Seiler Finance 55947 <br /> 7_ �Cash Salc <br /> C.Note: This fortn is fumished to give you a statement of actual settiement cosu. AmounLt paid to and by ihe settlement agent are sho��.n. ltems marked <br /> .o.cJ"were aid outside the closin�-the are sho�m here for iniortnational u oses and are not included in the totals. <br /> D.Name&Address of Borrower E.Name.@ Address of Sel Icr F.Name dt.4ddress ot Lender <br /> Norge Developmeot,LLC Stepheo L Cole and Lynda R Cofe,6usbund <br /> 30 Birch BIuRRoad and wite <br /> E:celsior,M1fN 55331 <br /> See Addendum <br /> G.Property Locaiion H.Settlement Agent Name <br /> Guarantr TilJa Inc <br /> Lot 21-22, Block�t,Casco Heights, Hennepin County Renaissxnce Sqoare <br /> 279J Casco Pant Road 520 Nicollct Mall,Suite J00 <br /> Orono.MN 5539] :�linnea olis,MN 55402 Tnx ID:4]-1228503 <br /> Placc of Settlement I Setdement Date <br /> Guaranq�Title,Inc 2l21l20t3 <br /> Renaissnnce Square Fund-2l21I2013 <br /> 520 Nicollet htall,Suite-000 <br /> Minnen olis,MiY 55402 <br /> 3.Swnmarv of Sorrower's Tmnsaction K.Summan of Selfers Tnmaciion <br /> I00.Gross Amount➢ue Gom Rorrower 400.Gross Amouot Due to Sellv <br /> IOL Conhact5alesPrice 590.000.00 40L CenvactSalesPricc 590,000.00 <br /> 10'_'. Personal Roperty d0'. Personal Proper.y <br /> 103. Settlement Charges to borrower $1,536.50 403. Certificate of Redemption 5250.00 <br /> 104. Sa+ <br /> 105 405 <br /> Adjustmenls for items paid by seller in advantt Adjuelments(or items paid by sdler io advance <br /> 106. County Taxes 406. County Tares <br /> 107. Association Dues 407. Association Dues <br /> 108. Rents 408. Rents <br /> ]09.AssessmentsCertifiedro 409.AssessmenuCertifiedto <br /> 2013 Tare� _'013 Tares <br /> 110. Other Prorauons 410. Other Prorations <br /> 1 t 1.Other Rorations -0 I I.O�her Prorations <br /> 112 41'. <br /> 113_ 413. <br /> 114_ 414. <br /> I15. 415. <br /> 116. 416. <br /> 120_Cross Amount Due From Borrower S91.S3650 420. Gross Amouut Due to Seller 590150.00 <br /> 200.Amounts Paid Sr�Or io Bcka!!Of l3orrower SOII.Rcdutzions in Amount Due 10 Seller <br /> 201. Deposit or eames[money SI,000.00 501. Excess Deposlt <br /> 202. Pnncipal amount of new loan(s) �03 Settlement Charges tu Sella(line 1 d00) $7,867.00 <br /> 203. Existing loan(s)taken subject to iO3. Ezisting Loan(s)Taken Subject to <br /> ?63. Loan Amount?nd Lieo 504. PavufT 6rst murteaee to Wells Fargu 576,881.29 <br /> 205. 505. Payoffsecond mort�eto AnchorBank $3,300.00 <br /> 206. 506 <br /> 207. SOZ Eamest Noney Retained bv Listing A¢ent $t,Q00.00 <br /> 208. 508. <br /> 209. 509 <br /> Adjnstmeots for items unpaid by seller Adjustmenls(or items uopaid by sdler <br /> 210. CounryTaKes Oli01i13to07'?1/13 526226 510. Counrv7'axes 01/Ol/13ro0?12U13 5262.26 <br /> 21 t. Association Dues 511. Association Dues <br /> 212 Renu 51?. Rents <br /> 213.Asxssments Certified to S I3.:lssessments Certified to <br /> 2013Taxes 01/OV13to0J21/13 5939.J5 �Q�3Taxes 01101l13to0J21(I3 5939.45 <br /> 214. Other Prorations 514. Other Rora�ions <br /> 215.Other Prorations 515.Other Prorations <br /> 216. 516. <br /> 2V_ i17. <br /> 218 518. <br /> ?l9- SI9. <br /> 220.Total Paid BvlFor Borrower 52,201.71 520.Total Reduction Amoun!Due Shcer 590.250.00 <br /> 300.Cash At Settlement Frnm7To BorroK�cr 600-Cuh At SeAllemenl TolFram Seller <br /> 301.Gross Amount due from borrower Qine I20) 591,836.50 601.Gross Amount due to seller Qine 420) 590,250.00 <br /> 302.Less arnounts paid bylfor borrower Qi�x 220) 52,201J7 602.Less rcductions in amt.due seller Qine 520) 590,250.EJ� <br /> 303.Cash From Borrower 589,631.79 603.Cash Seller 50.00 <br /> Section 5 of the Real Esta[e Settlement Prceedura Act(RESPA)requires the Section 4(a)of RESPA mardates that HUD develop ared prescribe this standard <br /> followmg: •HUD must develop a Specia(Infortnation Booklet[o help persans form to be used at the time of loan serilemrnt to pruvide full diubsure oF all <br /> bortowing money to finance the purchase of residential real estate to better charges imposed upon the borrower and seller_These are third party disctosuru <br /> understand the nan�re and casts of real estate settlem�t servic.es; that are designed to provide the Mtrower with pertinent information durin�the <br /> •Each lender must prov�de the booklet to all applicazns from wfwm�t receives senlement process in orda to be a better sfiopper. <br /> or for wtam it prepares a written application to borrow money to finance�he The Poblic Reportin¢Burden for this collection of infortnation is estimated to <br /> purchase of residential real eslate; •Lenders must prepare and distnbute with average one hour per response,including the time(or reviewmg instructions <br /> the Booklet a Good Faith Fstimate of the settlement costs that the Iwrrower is searching existmg data sources,gathering and maintaining Ihe data needed and <br /> likely to incur in connection with the settlement These disclosures are completi�and reviewir�g the collection of infamation. <br /> mandatory. This a�ency may not wllect thrs informatioq and you are not required to <br /> complete this form,unless ft displays a currently valid OMB control number_ <br /> The intormation requested does not lend itselFro confidenlialiry- <br /> Previous Editions are Obsolete Page 1 form t{UD-1(3r86) <br /> Handbook 4305� <br />