2000-11-10 Closing Allocationsr 4.
City of Albertville/Albert & Pam Barthel Closing
Projected closing date: November 10, 2000
Allocations
Adjustments to
Barthel's proceeds
Recording fees
Mortgage release —Highlands
$ (19.50)
Mortgage release —Rogers
$ (19.50)
Mortgage release —Rogers
$ (19.50)
Real Estate Taxes
$ 133.92
Transfer taxes
$ (422.40)
Earnest Money
$ (250.00)
Total adjustment in price
$ (596.98)
Contract purchase price
$ 128,000.00
Closing proceeds
$ 127,403.02
Less Outstanding Mortgages
$ 46,435.31
Net proceeds to Barthels
$ 80,967.71
City's $ 127,750.00
check
Closing proceeds $ 127,403.02
Due back to the City $ 346.98
Recap:
Proceeds to Barthels $ 80,967.71
Proceeds to State Bank $ 46,435.31
Proceeds to City $ 346.98
Check price $ 127,750.00
j..
Agreed to by:
Albert Barthel
ace"
Pam Barthel
Michael Couri, Attorney,
City of Albertville