HUD settlement statement-HynesPrevious editions are obsolete Page 1 of 2 form HUD-1 (1/09)
A.Settlement Statement (HUD-1)
OMB Approval No. 2502-0265
B. Type of Loan
1.FHA 2. RHS 3. Conv. Unins.
4. VA 5. Conv. Ins.
6. File Number:
2020-1354
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
“(p.o.c.)” were paid outside the closing; they are shown here for informational purposes and are not included in the totals.
D. Name & Address of Borrower:
City of Northampton
210 Main Street, Northampton, MA 01060
E. Name & Address of Seller:
Elizabeth Hynes
69 Old South Street, Northampton, MA 01060
F. Name & Address of Lender:
G. Property Location:
Parcel B, Portion of 69 Old South Street
Northampton MA 01060
H. Settlement Agent:
Jankowski & Spencer, P.C.
6 University Drive, Suite 201, Amherst MA 01002
(413) 549-0041
I. Settlement Date:
12/03/2020
Place of Settlement:
6 University Drive, Suite 201, Amherst MA 01002
Disbursement Date:
12/03/2020
J. Summary of Borrower's Transaction K. Summary of Seller's Transaction
100. Gross Amount Due From Borrower 400. Gross Amount Due To Seller
101. Contract sales price 5,000.00 401. Contract sales price 5,000.00
102. Personal Property 402. Personal property
103. Settlement charges to borrower (line 1400).00 403.
104. 404.
105. 405.
Adjustments for items paid by seller in advance Adjustments for items paid by seller in advance
106. City/town 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 5,000.00 420. Gross Amount Due To Seller 5,000.00
200. Amounts Paid By Or In Behalf Of Borrower 500. Reductions In Amount Due To Seller
201. Deposit or earnest money 501. Excess deposit (see instructions)
202. Principal amount of new loan(s)502. Settlement charges to seller (line 1400)500.00
203. Existing loan(s) taken subject to 503. Existing loan(s) taken subject to
204. 504.
205. 505.
206. 506.
207. 507.
208. 508.
209. 509.
Adjustments for items unpaid by seller Adjustments for items unpaid by seller
210. City/town taxes 510. City/town taxes
211. County taxes 511. County taxes
212. Assessments 512. Assessments
213. 513.
214. 514.
215. 515.
216. 516.
217. 517.
218. 518.
219. 519.
220. Total Paid By/For Borrower 520. Total Reduction Amount Due Seller 500.00
300. Cash At Settlement From/To Borrower 600. Cash At Settlement From/To Seller
301. Gross Amount due from borrower (line 120)5,000.00 601. Gross Amount due to Seller (line 420)5,000.00
302. Less amounts paid by/for borrower (line 220)602. Less reductions in amount due seller (line 520)500.00
303. CASH From BORROWER 5,000.00 603. CASH To SELLER 4,500.00
The Public Reporting Burden for this collection of information is estimated at 35 minutes per response for collecting, reviewing, and reporting the data. This
agency may not collect this information, and you are not required to complete this form, unless it displays c urrently valid OMB control number. No
confidentiality is assured; this disclosure is mandatory. This is designed to provide the parties to RESPA covered transactio n with information during the
settlement process.
Previous editions are obsolete Page 2 of 2 form HUD-1 (1/09)
L. Settlement Charges
700. Total Real Estate Broker Fees Paid From Paid From
Division of commission (line 700) as follows: Borrower's Seller's
701. Funds at Funds at
702. Settlement Settlement
703. Commission paid at settlement
704.
705.
706.
800. Items Payable In connection with Loan
801. Our Origination Charge (from GFE #1)
802. Your credit or charge (points) for the specific interest rate chosen (from GFE #2)
803. Your adjusted origination charges (from GFE A)
804. (from GFE #3)
805. (from GFE #3)
806. (from GFE #3)
807. (from GFE #3)
808. (from GFE #3)
900. Items Required By Lender To Be Paid In Advance
901. Daily interest charges From 12/03/2020 To 01/01/2021 (from GFE #10)
902. (from GFE #3)
903. (from GFE #11)
904. (from GFE #11)
1000. Reserves Deposited With Lender
1001. Initial deposit for your escrow account (from GFE #9)
1002. Homeowner's insurance
1003. Mortgage insurance
1004. Property taxes
1005.
1006.
1007. Aggregate Adjustment
1100. Title Charges
1101. Title services and lender's title insurance (from GFE #4)
1102. Settlement or closing fee to Jankowski & Spencer, P.C.
1103. Owner's title insurance to (from GFE #5)
1104. Lender's title insurance to
1105. Lender's title policy limit
1106. Owner's title policy limit
1107. Agent's portion of the total title insurance premium
1108. Underwriter's portion of the total title insurance
1109.
1200. Government Recording and Transfer Charges
1201. Government recording charges (from GFE #7)
1202. Deed Mortgage Releases
1203. Transfer Taxes (from GFE #8)
1204. City/County tax/stamps Deed Mortgage
1205. State tax/stamps Deed Mortgage
1206. to Commonwealth of
Massachusetts from GFE #7
1300. Additional Settlement Charges
1301. Required services that you can shop for (from GFE #6)
1302. Seller legal to Fierst Bloomberg Ohm LLP 500.00
1303.
1304.
1305.
1400. Total Settlement Charges (enter on lines 103, Section J and 502, Section K) .00 500.00
The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused or will cause the funds to be disbursed in accordance with
this statement.
Settlement Agent: ____________________________________________________________ Date: ___________________
Addendum to HUD-1
Buyer(s): City of Northampton
Seller(s): Elizabeth Hynes
Property: Parcel B, Portion of 69 Old South Street, Northampton, MA 01060
Date: 3rd day of December, 2020
To the Settlement Agent:
I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate
statement of all receipts and disbursements made on my account or by me in the transaction. I fu rther certify that I have received a
copy of the HUD-1 Settlement Statement.
Buyer(s)
City of Northampton
By:________________________________
Wayne Feiden, Director of Planning & Sustainability
Seller(s)
________________________________
Elizabeth Hynes, through David Bloomberg, her attorney
From the Settlement Agent:
The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused or will cause
the funds to be disbursed in accordance with this statement.
Date: 3rd day of December, 2020
___________________________________________
Jankowski & Spencer, P.C.
Settlement Agent
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.