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'I.. U.S.DEPA~lMENT O~ HOUSING AND URBAN DEVELOPMENT OMJ:l No. ;'::>U"-V"~I a . TYPE OF LOAN 1. [lFHA 2. [ lFMHA 3. [lCONV. UNINS. 4. [ lVA 5. [lCONV. INS. 6. FILE NUMBER: 07106752 6. MTG. INS. CASE NO.: This form is furnished to giv" you a statement of _aI settlement COSls. Amounts paid to and by the seUlement agent are shown. Items marked ("p.o.c.") were paid ourside the closing: they are shown here for Information purposes and are not included In the lOads. I. NAME OF BORROWER: EAST A. DEVELOPMENT, L. P. 1 T. LOAN NUMBER: .NOTE: ADDRESS: " NAME OF SELLER: 1001 USENER HOUSTON TEXAS 77009 WADE COOPER ADDRESS: '. NAME OF LENDER: 2501 PINEBROOK LANE SEABROOK TEXAS 77586 LA PORTE ECONOMIC DEVELOPMENT CORPORATION SEU-ER TIN: ADDRESS: I.PROPERTY LOCATION: NORTH 17FT OF LT 9, ALL OF LOTS 6,7,& 6, BLOCK 198 CITY OF LAPORTE 109 & 11 SAN JACINTO AVE TX STEWART TITLE COMPANY CLOSER: PAM LESTER 9434 OLD KATY ROAD, SUITE 230 HOUSTON TEXAS 77055 PHONE NUMBER: (713) 666-4300 t. SETTLEMENT AGENT: ADDRESS: 'LACE OF SETTLEMENT: STEWART TITLE PHONE NUMBER: (713) 666-4300 I I. SETTLEMENT DATE ADDlUlSS: 9434 OLD KA TY ROAD, SUI TE 230 Closing date: 10/29/08 HOUSTaN TEXAS 77055 Proration date: 10/29/08 1. 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 Drice 295 000.00 40 1. Contract sales price 295 000.00 102. Personal DroDertV 402. Personal DrooertY 103. SeUlement chllI1les to borrower(line 1400) 2 060.55 403. 104. 404. 105, 405. AdjusanenlS for items paid by seller in adv.."",,: Acljusunenrs for items paid for seller in advance: 106. City/town taxes to 406. City/town taxes to 107. CountY ",xes to 407. CountY Iaxes to 108. Assessments to 408. Assessments to 109. Maincenance to 409. Maintenance to 110. ScboollTaxes to 410. SchoollTaxes to 111. 411. " 112. 412. 120. GROSS AMOUNT DUE FROM B9RROWER: 297,060.55 420. GROSS AMOUNT DUE TO SELLER: 295,000.00 ! 200. AMOUNTS PAID BY OR IN BEHALP OF BORROWER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: I 201. DeDOsit at earnest money 100.00 SO 1. Excess deooslt(see instrUCtions) 202. Principal amount of new 1oan(s) 150 000.00 502. Settlement charJles to seller(line 1400) 3,3B1.46 I 203. Existing loan{s) taken subiect to 503. Existinl!: Ioan(s) taken sublect 10 204. Commitment Pee i 504. Payoff of first mort.....e loan 95 687.59 205. 50S. Payoff of second mortgage loan 106401.24 206. Ootlon Fee 3,500.00 506. Ootion Fee 3 500.00 207. PAID TO SELLER 62 216.66 507. PAlO TO SELLER 82 216.66 I 208. MTP 06106647 -POCS 150 000.00 S08. 209. 509. Adiustmenta for itemS unpaid by seller: AdlustmenlS for Items unoaid by seller: 210. C\tyllown taxes to ~110, City/IOwa taxes to 21 J. County taxes 01/01/06 to 10/29/08 1 8'1.03 51 I. Collnty laXe. 01/01/08 to 10/29/08 1 611.03 212. Assessments to 512. Assessments to 213. ScboollTaxos 10 513. SchoollTaxe. 10 214. 514. Maintenance to 215. 515. 216. 516. 217. 517. 218. 518, 219. 519. 220. TOTAL PAID BY/FOR BORROWER: 520. TOTAL REDUCTION IN AMOUNT: 237 629.71 295,000.00 300. CASH AT SETTLEMENT FROMrrO BORROWER: 600. CASH AT SETTLEMENT TOIFROM SELLER: 301. Gross amount due from borrower(line 120) 297,060.55 60 I. Gross amount due to se!lermne 420) 295 000.00 302. Less amollnts Daid by/for borrower(1ine 220) 237 629.71 602. Less total reductions in amount duo seUer(llne 520) 295 000.00 303. CASH rx PROMl r TOI BORROWER: 59 430.84 603. CASH r TOI [ PROMI SELLER: 0.00 SETTLEMENT AGENT TIN' 74-0923770 EXHIBIT I c