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R97-136 AUTHORIZING FINAL CONVEYANCE OF HOMESTEAD PROPERTY
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R97-136 AUTHORIZING FINAL CONVEYANCE OF HOMESTEAD PROPERTY
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4/14/2016 4:28:16 PM
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4/14/2016 4:28:15 PM
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Resolution/Ordinance
Res Ord Num
R97-136
Res Ord Title
AUTHORIZING FINAL CONVEYANCE OF HOMESTEAD PROPERTY
Approved Date
9/2/1997
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a <br /> Finance Scheduk Instructions: <br /> �The Reai�state Transfer Tax Law(35 ILCS 200/31•25)requires information regarding the financing ot the TYPE OF FINANCING: Enter cash downpayment on line A. <br /> purchase price of this property. Account for financing the remainder of the purchase price on lines C <br /> Lines A and C through I of the Finance Schedule must be filled out by the buyer'or buyer's'represen- through I.(If lines A through I do not add up to fuli consideration shown <br /> tative to account for financing of the purchase.Columns I through VI must be completed for exh loan on Page 1 of declaration,explain in Box J.) <br /> irnolved. <br /> IrMormafion rcquired in each column: A. Enter Cash Downpayment <br /> I Principal of loan; for an assumed mortgage �V Nominal interest rate as stated in loan docu• (include earnest money) •; <br /> show principal being assumed. ment.If Prime Rate is used,state rate used at <br /> II Length of time on which monthly paymerrts were time of transfer. B. Enter remainder of Purchase Price on Lines C through I: <br /> wlculated. If not applicable mark with an V Indicate if this loan has a FIXED interest rate C. Purchase Money Mortgage to Selbr' <br /> asterisk and explain repayment schedute in Box by entering F in the column,adjustable rote by <br /> J on Page 3. For an aswmed mort�e show entering A,or renegotiable by entering R in the D. New lst Mtg.[specify type•• <br /> years rcmainin`from tims of sak uMil loan is column. E. New 2nd Mtg.(specify type"• <br /> fuly amortiud(paid�, VI Show the number of points and dollars paid. <br />, III If applicable,length of time until mortgage loan Enter points paid by the seller'only. F New 3rd Mtg.(specify type•' <br /> must be paid off or renegotiated,or time until G. Assum tion of existin lst Mt . <br /> balloon pa ment is due. Bax J may be used to show more information p g g <br /> Y <br /> regarding finanting rf necessary. H. Assumption of existing 2nd AAtg. <br /> SPEClAL NOTE:If your financing inwlves other than e ual month! I. Other Financing[specify type" <br /> q y payments you must ex- ' <br /> plain in Boz J on Page 3. '• Spetify type: e.g., Blend, Conventional, Seller' Financed. <br /> VA/FHA insured, etc. <br /> PARTIAL INTEREST (Complete if applicab/e.) <br /> If less than a full interest in the real estate is being transferred, state the part being trdnsferred: <br /> LEGAL DESCRIPTION <br /> Section Township Range <br /> Enter complete legal description in this area: <br /> Lot Two (2) in Block Two (2) of Ebert Place, an Addition to the City of <br /> Decatur, as per Plat recorded in Book 335 Page 362 of the Records in the <br /> Recorder ' s Office of Macon County, Illinois . <br /> Yes No <br /> NOTE: If a mobile home is included in the sale price, is the value of the mobile home being deducted as personal property on page 1? ❑ C <br /> BENEFICIAL INTEREST OF LAND TRUST (Complete if applicab/e.) <br /> If this transaction is the transfer of a beneficial interest of a land trust, check this box: � ' <br /> Page 2 of 4 <br /> PfAX-203(R-4�94. I <br />
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