R96-69 AUTHORIZING FINAL CONVEYANCE OF HOMESTEAD PROPERTY

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Finance Schedule Instrudions: � The Real Esta;e Transfer Tax Law(35 ILCS 200/31-25)requires information regarding the financing of the nPE OF FINANCING: Enter wsh downpayment on line A. purchase price ot 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 I through VI must be completed for each loan on Page 1 of declaration,explain in Box J.) involved. In(ormation required in each column: A. Enter Cash Downpayment I Principal of loan; for an assumed mortgage tV Nominal interest rete as stated in loan docu• (include earnest money) •S show principal being assumed. ment.If Prime Rate is used,state rate used at g Enter remainder of Purchase Price on Lines C through I: II Length of time on which monthly payments were time of trensfer. calculated. If not applicable mark with an V Indicate if this loan has a FIXED interest rote C. Purchase Money Mortgage to Seller' asterisk and explain repayment schedule in Box by entering F in the column,adjustable rote by D. New lst Mtg.[specify type'" ] J on Page 3. For an assumed mo�tga8e show entering A,or renegotiabie by entering R in the years remaining trom time of sale until loan is column. E. New 2nd Mt .[specify type" ] full�r artrortized(pai�. 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 gox J may be used to show more information G. Ilssumption of existing lst Mtg. balloon payment is due. regarding financing if necessary. H. Assumption af existing 2nd Mtg. I. Other Financing[specify type" ) SPEClAL NOTE:If yvur financing in►rolves other than equal monthly payments you must ex- plain in Box J On P2ge 3. " Specify type: e.g., Blend, Conventional, Seller' Financed. �A/FHA insured,etc. PARTIAL INTEREST (Complete if applicatrle.) If less than a full 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 One (1) in Block One (1) of Ebert Place, an Addition to the City of Decatur, as per Plat recorded in Book 335 on Page 362 of the records in the Recorder's Office of Macon County, Illinois. Situated in Macon County, Illinois. Yes No NOTE: !f a mobrle 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 applicab/e.) If this transaction is the transfer of a beneficial interest of a land trust, check this box: � Page 2 of 4 PTAX-203(R-4l94)