Real Estate Closing Information for Warranty Deed with Full Covenants and Closing Statement

Clients' Names -

Seller: William Rogers, SS#: 367-87-9554

Buyers: Marie and Robert Gonzalez, Husband and Wife, as tenants by entireties

SS#s: Marie: 188-45-2648, Robert: 378-75-9639

Property Address -

32 Hillside Drive

Town of Canandaigua, New York 14424

Tax Map Id.: 77-11056-22121

Use this address as the address for the buyers.

Prior transfer: this property was conveyed to William Rogers and his late

wife Julia Rogers by Warranty Deed dated May 1, 1984 and recorded in the

Ontario County Clerk's Office May 3, 1984 in Liber 36 of Deeds, page 223.

Tax account number: 335.18-4-00 (Section 335, block 18, lot 400)

Lot size - 1.0 acre

Year Assessment was taken: 2020

Total Assessed Value: $280,000

Property Class No.: 315

School District Name: Canandaigua City Schools

Sale Price: $300,000.00. 20% down payment and 80% financed @ 4.0%

interest with a conventional mortgage from the Neighborhood Bank, N.A.,

loan # 30322B; no private mortgage insurance required. The buyers are

required to pay the bank's attorneys' fees. The bank's address is 75 Front

Street, Fairport, New York 14550.

Tax Information -

School Tax: $8,000.00. Tax year is July 1 through June 30.

County Tax: $2,600.00. Tax year is January 1 through December 31.

Both tax bills have been pre-paid by the seller.

Buyers' attorney and Settlement agent: Charlotte Webb, Esq.

13 West Street

Canandaigua, NY 14424

585-766-1298

Seller's attorney: Henry Higgins, Esq.

15 Main Street

585-388-6692

Canandaigua, NY 14424

Seller's address: 23 Retirement Haven Avenue

Sunshine City, Florida 38655

Use this as the address for the sellers, BUT you may assume that as of the closing date they are still residents of New York.

Sale contract date: October 11, 2022

Closing date: December 14, 2022

Property insurance Progressive Insurance Company ($4.60 for every

$1,000.00 of the total value of the real property). Must pay one full year at

closing

Earnest money paid by buyers: $5,000.00

Real estate commissions: 6% of total sales price split evenly between agents for buyers (Good Realty) and seller (Better Realty) (3% each).

Buyers' settlement charges

Payable to the Bank: Loan origination fee = 1% of mortgage amount

Appraisal fee = $300.00

Credit report = $250.00

Items required by Bank: The Bank will require prepaid interest for the month of December including the closing date. The first mortgage payment will be due on February 1, 2023.

Title Insurance premium payable to title co. $450.00

Attorneys' fees:

Bank: $550.00, payable by the buyers

Buyers: $250.00, payable by the buyers

Sellers: $250.00, payable by the seller

Recording Charges:

Deed: $25 per page

Mortgage: $8 per page (assume it will be 20 pages)

TP-584: $125

RP-5217: $5.00

The seller has agreed to pay for all real estate commissions, the transfer tax, and his own attorneys' fees, and the buyers will pay all other settlement costs.

Property Description for 32 Hillside Drive:

All that tract or parcel of land situate in the town of Canandaigua, County of Ontario, State of New York more particularly described as follows:

Commence at the Southeast corner of Section 8, Township 30 South, Range 16 East, Ontario County, New York for a point of reference; thence N 89'55'02" W, along the South line of said Section 8, 535.36 feet; thence North 00'01'29" E, 297.22 feet; thence S 89'55'02" E, parallel with the aforesaid South line of Section 8, 344.56 feet; to a point on the Westerly right-of-way line of County Road #9; thence S 31'56'28" E, along said Westerly right-of-way line, 207.85 feet; thence N 89'55'02" W, parallel with the aforesaid South line of Section 8, 194.23 feet; thence S 00'22'25" W, 121.00 feet; thence N 89'55'02" W, along a line 15.00 feet North of and parallel with the aforesaid South line of Section 8, 259.63 feet to the Point of Beginning.

USE THIS INFORMATION TO DRAFT A WARRANTY DEED WITH FULL COVENENTS. THE DEED TEMPLATE IS PROVIDED BELOW.

WARRANTY DEED WITH FULL COVENANTS

THIS INDENTURE, MADE THE ______ DAY OF __________, TWO THOUSAND AND

__________,

between

[name and residence],

party of the first part, and

[name and residence],

party of the second part,

WITNESSETH, that the party of the first part, in consideration of

______________________________ dollars, lawful money of the United States, paid by the

party of the second part, does hereby grant and release unto the party of the second part, the heirs

or successors and assigns of the party of the second part forever,

ALLthat certain plot, piece or parcel of land, with the buildings and improvements

thereon erected, situate, lying and being in the

TOGETHERwith all right, title and interest, if any, of the party of the first part in and to

any streets and roads abutting the above described premises to the center lines thereof,

TOGETHERwith the appurtenances and all the estate and rights of the party of the first

part in and to said premises,

TO HAVE AND TO HOLDthe premises herein granted unto the party of the second

part, the heirs or successors and assigns of the party of the second part forever.

ANDthe party of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of the first part will receive the consideration for this conveyance and will hold the

right to receive such consideration as a trust fund to be applied first for the purpose of paying the

costs of the improvement and will apply the same first to the payment of the cost of the

improvement before using any part of the total of the same for any other purpose.

ANDthe party of the first part covenants as follows:

FIRST. That said party of the first part is seized of the said premises in fee simple, and

has good right to convey the same;

SECOND. That the party of the second part shall quietly enjoy the said premises;

THIRD. That the said premises are free from encumbrances, except as aforesaid;

FOURTH. That the party of the first part will execute or procure any further necessary

assurance of the title to said premises;

FIFTH. That said party of the first part will forever warrant the title to said premises.

The word "party" shall be construed as if it read "parties" whenever the sense of this

indenture so requires.

IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written.

_____________________________________________

[Seller]

_____________________________________________

[Seller]

IN PRESENCE OF:

_____________________________________________

Acknowledgment

STATE OF ______________)

) ss.:

COUNTY OF____________ )

On the _____ day of _______________ in the year _______ before me, the undersigned,

personally appeared _________________________ personally known to me or proved to me on

the basis of satisfactory evidence to be the individual(s) whose name(s) is (are) subscribed to the

within instrument and acknowledged to me that he/she/they executed the same in his/her/their

capacity(ies), and that by his/her/their signature(s) on the instrument, the individual(s), or the

person upon behalf of which the individual(s) acted, executed the instrument.

__________________________________________________

(signature and office of individual taking acknowledgment)

Acknowledgment by a Subscribing Witness

STATE OF ______________)

) ss.:

COUNTY OF____________ )

On the _____ day of _______________ in the year _______ before me, the undersigned,

personally appeared _________________________ the subscribing witness(es) to the foregoing

instrument, with whom I am personally acquainted, who, being by me duly sworn, did depose and say that he/she/they reside(s) in ___________________________________ (if the place of

residence is in a city, include the street and street number, if any, thereof); that he/she/they

know(s) _________________________ to be the individual(s) described in and who executed the foregoing instrument; that said subscribing witness(es) was (were) present and saw said

_________________________ execute the same; and that said witness(es) at the same time subscribed his/her/their name(s) as witness(es) thereto.

__________________________________________________

(signature and office of individual taking acknowledgment)