R97-94 AUTHORIZING FINAL CONVEYANCE OF HOMESTEAD PROPERTY

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Finance Schedule Instructions: The Real Estate,T�ansfer Tax Law(35 ILCS 200/31-25)requires information regarding the financing of the NPE OF FINANCING: Enter cash downpayment on line A. purchase price of this property. Account for financing the remainder of the purchase price on lines C 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 full consideration shown tative to account for financing of the purchase.Columns 1 through VI must be completed for each loan on Page 1 of declaration,explain in Box J.) involved. Information requi►ed in each column: A. Enter Cash Downpayment I Principal of loan; for an assumed mortgage IV Nominal interest rate as stated in loan docu- (include earnest money) -S show principal being assumed. ment.If Prime Rate is used,state rote used at g Enter remainder of Purchase Price on Lines C through I: II Length of time on which monthly payments were time of transfRr. calculated. If not applicable mark with an V Indicate if this loan has a FIXED interest rate C. Purchase Money Mortgage to Selkr' asterisk and explain repayment schedule in Box by entering F in the column,adjustable rate by D. New lst Mtg.[specify type" ] J on Page 3. For an assumed mortgage show entering A,or renegotiable by entering R in the years remaining from time ot sale until ban is column. E. New 2nd Mtg.[specity type" � fully amortized(paid). VI Show the number of points and dollars paid. F. New 3rd Mtg.[specify type" � III If applicable,length of time until mortgage loan Enter points paid by the seller only. must be paid off or renegotiated,or time until gax J may be used to show more information G. /lssumption of existing lst Mtg. balloon payment is due. regarding financing if necessary. H. Assumption of existing 2nd Mtg. I. Other Financing[specify type" ] SPECIAL NOTE:If your financing involves other than equal monthly payments you must ex- „ Specify type: e.g., e/end, Conventional, Seller' Financed, plain in BOx J on Page 3. UA/FHA insured, etc. PARTIAL INTEREST (Complete if applicable.) If less than a fiutl interest in the real estate is being transferred, state the part being transferred: LEGAL DESCRIPTION Section Township Range Enter complete legal description in this area: Lot Thirteen (13) and the West 5 feet of Lot �aelve (12) in Block �ao (2) of Homestead Place, an Addition to the City of Decatur, as per Plat recorded in Book 300 on Page 20 of the records in the Recorder's Office of Macon County, Illinois, and a Driveway Easement over the West 3 feet of the East 35 feet of Lot Ztaelve (12) in Block �tao (2) of Homestead Place. Situated in Macon County, Illinois. Yes No 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? ❑ ❑ BENEFICIAL INTEREST OF LAND TRUST (Complete if applicable.) If this transaction is the transfer of a beneficial interest of a land trust, check this box: � Page 2 of 4 PTAX•203(R-4/94)