2015-04-22 Prairie Run, Lot 6, Block 2 Warranty DeedCorporation or Partnership to Corporation
No delinquent taxes and transfer entered;
Certificate of Real Estate Value ( ) filed
( ) not required Certificate of Real Estate
Value No. , 20
County Auditor
by
Deputy
STATE DEED TAX DUE HEREON: S
Date: Lamer CZ ,- 291.4 2015
FORM No. 9 -M
WARRANTY DEED
FOR VALUABLE CONSIDERATION, the City of Albertville, a municipal corporation under
the laws of the State of Minnesota, Grantor, hereby convey(s) and warrant(s) to Fieldstone
Family Homes, Inc. a Minnesota Corporation, Grantee, real property in Wright County,
Minnesota, described as follows:
Lot 6, Block 2, Prairie Run, Wright County, Minnesota
together with all hereditaments and appurtenances belonging thereto, subject to the following
exceptions: None.
The Seller certifies that the Seller does not know of any wells on the described real property.
CITY OF ALB R VILLE
(Affix Deed Tax Stamp Here) Jil Nan Hendrickson
yor
c
Kimberl,yA Olson
City C erk
COUNTY OF WRIGHT )
) s. s.
STATE OF MINNESOTA)
The foregoing was acknowledged before me this 7,1- day of April, 2015, by Jillian
Hendrickson, Mayor, and Kimberly A. Olson, City Clerk, on behalf of the Grantor.
NOTARIAL STAMP OR SEAL (OR OTHER TITLE OR RANK)
MICHAEL C. COUFN
NOTARY PUBLIC • MINNESOTA
MyOpIMI�IOn 6�IM hR 31.2020
THIS INSTRUMENT WAS DRAFTED BY (NAME & ADDRESS)
Michael Couri
Couri & Ruppe, PLLP
P.O. Box 369
St. Michael, MN 55376
763 497 -1930
2
S NATURE F PERSON TAKING ACKNOWLEDGMENT
Tax Statements for the real property described in this
instrument should be sent to (Include name and address
of Grantee):
Bankers Closing Services, LLC
350 W Burnsville Pkwy, Suite 400
Burnsville, MN 55337
Phone: (952) 955 -8111 Fax: (952) 955-8116
PROCEEDS AUTHORIZATION
City of Albertville
Property: 10687 51st Street NE, Albertville, MN 55301
I/We authorize and instruct that Bankers Title distribute the funds as follows:
® Wre Funds to Financial Institution Name: Premier Bank Albertville (Maple Wood**)
Financial Institution Address: 11055 61st Street NE, Albertville, MN 55301
Financial Institution Telephone: 763-497-8224
ABA Routing Number: 096005093 (Maple Wood * *) ; 0900041 (Albertvil -le)
Account Name: City of Albertville (checking) ,
Account Address: 5959 Main Avenue, Albertville, MN 55301
Account Number: 360100077
Reference Information:
For Further Credit to:
The information for wiring must be provided in advance of disbursement and funds will not be wired until the file
has been disbursed. We cannot guarantee the length of time between the transfer of funds and the posting
into the final account. Please be advised that there is a fee for wiring funds and there may be an additional fee
charged by the receiving bank. *REQUIRED INFORMATION
❑ Please overnight the proceeds after the disbursement of the file. Please be advised that there is a fee for
this service. Overnight address to which funds should be sent: (Cannot deliver to PO Box)
❑ Please mail the proceeds by regular mail. Regrettably, we cannot be responsible for the timeliness of the
U.S. Postal Service. Mailing address to which funds should be sent:
❑ I/We wish to pick up our proceeds check after closing. Please notify us at:
❑ I/We wish that proceeds be released to:
I/We understand that funds are not available until the file has been disbursed and all requirements of the
Purchase Agreement have been met.
Dated: April P, 2015
l/`
City of Albertville
File No.: 15.225.00350
BK1 Proceeds Authorization
"Please note that Premier Bank in Albertville
is unable to process wire transfers. Please
transfer the money to the Maple Wood location.
4/20/2C15 3:20:34 PM
'} 0*.Yo,
3 ,
V
114,;
OM B Approval No. 2502 -0265
A. Settlement Statement (HUD -1)
B. Type of Loan
.
1 ❑ FHA 2.0 RHS
4. F-1 VA 5 ❑ Corn. Ins,
3.❑ Conv. Unins .
[I Other
6. File Number
15.225.00350
7. Loan Number.
8. Mortgage Insurance Case Number:
C. Note:
This form Is furnished to give you a statement of actual settlement costs Amounts paid to and by the settlement agent are shown.
Items marked °(POC)' were paid outside the closing, they are shown here for Informational purposes and are not included
In the totals.
D. Name & Address
of Borrower:
Fieldstone Family Homes, Inc., 801 Cliff Road E, Suite 135, Burnsville, MN 55337
E. Name & Address
of Seller:
City of Albertville, 5959 Main Ave NW, PO Box 9, Albertville, MN 55301
F. Name & Address
of Lender:
Cash
G. Property Location:
10687 51st Street NE Albertville, Minnesota 55301
Lot 6. Block 2, Prairie Run, Wright County, Minnesota
101- 103 - 002060
H. Settlement Agent:
Place of Settlement:
Bankers Title, 750 South Plaza Drive, Suite 221, Mendota Heights, MN 55120, (651) 681 -0382
350 W Burnsville Pkwy, Suite 400, Burnsville, MN 55337
I. Settlement Date:
4123/2015 Proration Date: 4!23/2015 Disbursement Date: 4/2312015
101. Contract sales price
$27,500.00
401. Contract sales price
ova
$27,500.00
102. Personal property
402. Personal property
103. Settlement charges to borrower (line 1400)
$891,00
403.
104,
404.
105,
405
106. City/tovn taxes
406. City/town taxes
107. County taxes
407. County taxes
108. Assessments
408. Assessments
109.
409.
110.
410.
111
411,
112.
412.
120. Gross Amount Due from Borrower
$28,391.00
420. Grose Amount Due to Seller
$27,500.00
201. Deposit or earnest money
501. Excess deposit (see instructions)
202. Principal amount of new loan(s)
502. Settlement charges to seller (line 1400)
$12575
203. Existing loan(s) taken subject to
503. Existing loan(s) taken subject to
204.
504. Payoff of first mortgage loan
205.
505. Payoff of second mortgage loan
206.
506.
207.
507,
208.
508.
209.
509.
Cityftown taxes
210. City/town taxes
510.
211. County taxes
511.
County taxes
212. Assessments
512.
Assessments
213.
513.
214.
514,
215.
515,
216.
515
217,
517.
218.
518.
219.
519
220. Total Paid by/for Borrower
$0.00 520,
Total Reduction Amount Due Seller
$125.75
S
3D1. Gross amount due from borrower (line 120) 1
8,391.00 601.
Gross amount due to seller (line 420)
$27,500.00
302. Less amounts paid bylfor borrower (line 220)
$0.001602,
Less reductions In amount due seller (line 520)
($125.75)
303. Cash ®FrompToBorrower
$28,391.00 805.
Cash ®Top From Seller
$27,374.25
The Public Reporting Burden for this collection of information Is estimated at 35 minutes per response for collecting, revievAng, and reporting the data. This agency may not
collect this Information, and you are not required to complete this farm, unless It displays a currently valid OMB control number. No confidentiality is assured, this disclosure
is mandatory. This is designed to provide the parties to a RESPA covered transadtien with Information during the settlement process.
Previous editions are obsolete Page 1 HUD-1
4/20/20153:20:34 PM File Number: 15.225.00350
SUBSTITUTE FORM 1000 SELLER STATEMENT - The Information contained in Blocks E, G, H and I and on line 401 (or, if line 401 Is asterlsked, lines 403 and 404), 406, 407
and 408.412 (applicable pert of buyer's reel estate tax reportable to the IRS) Is important tax information and Is being furnished to the Internal Revenue Service. If you are
required to file a return, a negligence penalty or other sanction wll be imposed on you if this Item is required to be reported and the IRS determines that It has not been reported.
SELLER INSTRUCTION - If this real estate was your principal residence, file form 2119. Sale or Exchange or Principal Residence, for any gain, with your income tax velum;
for other transactions, complete the applicable parts of form 4797, Forth 6252 and/or Schedule D (Farm 1040).
You arc required to provide a Settlement Agent with your correct taxpayer Identification number.
you do not proAqV the lement A t with your tarred taxpayer Identillcation number, you may be subject to civil or cdminal penalties.
gtydNb lie
<<'`r O s FEz/r/ t1 Z�/- iziz4;Y
Fz
Previous editions are obsolete Page 2 HUD-1
4/20/2015 3:20:34 PM Fie Number. 15.225.00350
Items marked 'POC"were paid outside the closing by: Borrower (POCB). Lender (POOL), Mortgage Broker (POCM), Other (POCO), Real Estate Agent (POCR), a Seller (POCS).
Previous editions are obsolete Page 3 HU0.1
700, Total Real Estate Broker
Paid From
Borrower's
Funds at
Settlement
Paid From
Seller's
Funds at
Settlement
Division of commission (line 700) as follows
701.
702.
703, Commission paid at settlement
704.
801.' Our Our origination charge
(from GFE #I)
802. Your credit or charge (points) for the speclific interest rate chosen
(from GFE 82)
803. Your adjusted origination charges
(from GFE A)
804. Appraisal fee
(from GFE Ni
805, Credit report
(from GFE #3)
806. Tax service
(from GFE #3)
807. Flood certification
(ft-orn GFE #3)
808.
KW111VNV-Rffl-W5RF15 R,
q�
7, 'r 117 1 N,
901, Daily interest charges from
(from GFE #10)
902 Mortgage insurance premium for
(from GFE #3)
903 Homeowner's insurance for
(from GFE #11)
904,
905
1001 Initial deposit for your escrow account
(from GFE #9)
1002. Homeowner's insurance
1003. Mortgage insurance
1004. City property taxes
1005. County property taxes
1006.
1007
1008,
1009, Aggregate Adjustment
101, Title services and
lenders title insurance
(from GFE #4)
$745.00
1102. Settlement or closing fee to Bankers Closing Services, LLC
$225.00
1103. Owner's title insurance to Bankers Title, LLC
(from GFE #5)
$10000
1104. Lenders title insurance to Bankers Title, LLC
1105. Lenders title policy limit
1106. Owners title policy limit $27,500.00
1107. Agent's porion of the total tile Insurance premium to Bankers Title, LLC $70.00
1108. Underwriters portion of the total title Insurance premium to Stewart Title Guaranty Company $30.00
1109. Title Service Fee to Bankers Title, LLC
$520.00
1110. Construction Draw Fee
1111. Real Estate Closing Fee
1112. Seller Closing Fee
1113. Recording Service/Verification Fee
1114. Payoff Processing Fee
1115. Wire Transfer Fee to Bankers Title, LLC
SK00
1201, Government recording charges
(from GFE #7)
$4600
1202. Deed $46.00 Mortgage Releases
$46.00
1203. Transfer taxes
(from GFE #8)
1204. City/County tax(stamps
1205. State tax/stamps Deed $90.75
$90,75
1206. Conservation Fee Deed $5.00
$5 00
1301. Required services that you can shop for
(from GFE
1302
1303,
1304.
1305,
11400. Total Settlement Charges (enter on lines 103, Section J and 502, Section K)
$M1.001
-$12-5.7-51
Items marked 'POC"were paid outside the closing by: Borrower (POCB). Lender (POOL), Mortgage Broker (POCM), Other (POCO), Real Estate Agent (POCR), a Seller (POCS).
Previous editions are obsolete Page 3 HU0.1
4/20/20153:20:34 PM File Number: 15.225.00350
CERTIFICATION:
I have carefuly reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief, It is a true and accurate statement of ail receipts and disbursements
made on my account or by me in this transaction. I further certify that I have received a copy of HUD-1 Settlement Statement, The Settlement Agent does not warrant or
represent the accuracy of information provided by any parry, Including Information concerning POC items and Information supplied by the lender in this transaction appearing on
this HUD-1 Settlement Statement pertaining to *Comparison of Good Faith Estimate (GFE) and HUD-1 Charges' and'Loan Terms', and the parties hold harmless the
Settlement Agent as to any inaccuracies In such matters.
t
Fieldstone Family Harris. Inc. d b rhAlle
To Me best army knowledge, the HUD-1 Settlement Statement which l have prepared is a true and accurate account of the funds which were received and have been or will be
disbursed by Me undersigned as part or the settlement of mts transaction.
Jessica Wolfe Date
WARNING: It Is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction can include a fine and
imprisonment. For details see: Title 18: U.S. Code Section 1001 and Section 1010.
Previous editions are obsolete Page 4 HUD-1
4/20/2015 3:20:34 PM File Number: 15.225.00350
n
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s.
Our origination charge # 801
$000
$0.00
Your credit or charge (points) for the specific interest rate chosen # 802
$000
$0.00
Your adjusted origination charges # 803
$0.00
$0.00
Transfer taxes # 1203
$0.00
$0.00
an
r
Your loan term is
leu:M r
I 1
Government recording charges
#- 1201
$0.00
8
Homeowner's insurance # 903
$0.00
$0.00
#
[- Mortgage Insurance
Can your interest rate rise?
f—, Nor Yes, it can rise to a maximum oL_%. The first change will be on
and can change again every after Every
#
change date, your interest rate can increase or decrease by % Over the
life of the loan, your interest rate is guaranteed to never be lower than _% or
higher than %
Even if you make payments on time, can your loan
J Yes, it can rise to a maximum off. unknown
C Nor—
balance rise?
#
Even if you make payments on time, can your monthly
ri Nom Yes, the first increase can be on and the monthly amount
amount owed for principal, interest, and mortgage
insurance rise?
owed can rise to
The maximum it can ever rise to is
Does your loan have a prepayment penalty?
r No� Yes, your maximum prepayment penalty is
Does your loan have a balloon payment?
("' No[� j Yes, you have a balloon payment of due in
years on
Total monthly amount owed including escrow account
r You do not have a monthly escrow payment for items, such as property taxes
payments
and homeowner's insurance. You must pay these items directly yourself.
(� 'Paid by or through draws from the principal limit
r You have an additional monthly escrow payment of
that results in a total initial monthly amount owed of . This
--
M�� 1R.p�! affil"„•
• , t' 8'..'fMV�4��i5J�14'Wmin�.u��i+' �.C4U�A
�
�!.I��
1 11
. . 1
Loan Tarmn
Your initial loan amount is
$0.00
Your loan term is
Initial deposit for your escrow account At 1001
$0.00
$0.00
Daily interest charges # 901
$0.00
$0.00
Homeowner's insurance # 903
$0.00
$0.00
#
[- Mortgage Insurance
Can your interest rate rise?
f—, Nor Yes, it can rise to a maximum oL_%. The first change will be on
and can change again every after Every
#
change date, your interest rate can increase or decrease by % Over the
life of the loan, your interest rate is guaranteed to never be lower than _% or
higher than %
Even if you make payments on time, can your loan
J Yes, it can rise to a maximum off. unknown
C Nor—
balance rise?
#
Even if you make payments on time, can your monthly
ri Nom Yes, the first increase can be on and the monthly amount
Loan Tarmn
Your initial loan amount is
$0.00
Your loan term is
years N/A
Your initial interest rate is
%
Your initial monthly amount owed for principal, interest,
includes
and any mortgage insurance is
r Pnncipal r, N/A
interest
[- Mortgage Insurance
Can your interest rate rise?
f—, Nor Yes, it can rise to a maximum oL_%. The first change will be on
and can change again every after Every
change date, your interest rate can increase or decrease by % Over the
life of the loan, your interest rate is guaranteed to never be lower than _% or
higher than %
Even if you make payments on time, can your loan
J Yes, it can rise to a maximum off. unknown
C Nor—
balance rise?
Even if you make payments on time, can your monthly
ri Nom Yes, the first increase can be on and the monthly amount
amount owed for principal, interest, and mortgage
insurance rise?
owed can rise to
The maximum it can ever rise to is
Does your loan have a prepayment penalty?
r No� Yes, your maximum prepayment penalty is
Does your loan have a balloon payment?
("' No[� j Yes, you have a balloon payment of due in
years on
Total monthly amount owed including escrow account
r You do not have a monthly escrow payment for items, such as property taxes
payments
and homeowner's insurance. You must pay these items directly yourself.
(� 'Paid by or through draws from the principal limit
r You have an additional monthly escrow payment of
that results in a total initial monthly amount owed of . This
includes principal, interest, any mortgage insurance and any items checked below:
r. Property taxes C Homeowner's insurance
r Flood insurance
r r
I WTe: IT you nave any questions aoout the Jertlement unarges and Loan Terms listed on this form, please contact your lender.
Previous editions are obsolete Page 5 HUD-1
Kim Olson
From: Mike Couri [mike @couriruppe.com]
Sent: Thursday, April 23, 2015 3:10 PM
To: Jessica Wolfe
Cc: Kim Olson; Tina Lannes; Adam Nafstad
Subject: FW: City of Albertville FFH Closing Documents
Attachments: FFH Warranty Deed.pdf; HUD -1 Statement.pdf; Wire transfer.pdf
Jessica,
Attached are a scan of the signed warranty deed, the signed HUD -1 statement, and the signed wire transfer. All will be sent to
you via FeclEx overnight. Please confirm receipt of funds from Fieldstone and the closing of the property sale. Thank you.
Michael C. Couri
Couri & Ruppe, P.L.L.P.
705 Central Avenue East
P.O. Box 369
St. Michael, MN 55376
763 - 497 -1930
From: Kathy Budish <kathv @couriruppe.com>
Organization: Couri & Ruppe, P.L.L.P.
Reply -To: Kathy Budish <kathv @couriruppe.com>
Date: Thursday, April 23, 2015 3:07 PM
To: Mike Couri <mike @couriruppe.com>
Subject: City of Albertville FFH Closing Documents
Kathy Budish
Couri & Ruppe, P.L.L.P.
705 Central Avenue East
P.O. Box 369
St. Michael, MN 55376
Phone: (763) 497 -1930
www.couriruppe.com