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HomeMy WebLinkAboutVINCENT HOLLANDER AND HENRY BULLER SUB AGREEMENT ~-. Prepared by and return to: C/Kim Rose Mortgage Investors Corporation 6090 Central Ave. St Petersburg, FL 33707 Tax Parcel I.D.#: Loan #: 524182 SUBORDINATION AGREEMENT KNOW ALL MEN BY THESE PRESENTS, that the undersigned holder of the Mortgage executed by VINCENT HOLLANDER AND HENRY BULLER in favor of AUGUST GEORGIA ON BEHALF OF THE HOUSING AND NEIGHBORHOOD dated 02/14/02, and recorded 02/25/02, in Book 776, at Page 1368,assigned to by instrument dated , and recorded , in book , at Page , public records of Richmond County, GA, which Mortgage encumbers the land situate in said county and described as follows: SEE EXHIBIT A ATTACHED AND MADE PART HEREOF. , for and in consideration of One Dollar and other valuable considerations paid to the undersigned by MORTGAGE INVESTORS CORPORA nON , receipt whereof is hereby acknowledged, does hereby subordinate the lien of said mortgage insofar as it encumbers the land described above to the lien of that certain Mortgage of an amount not to exceed $32,390.00, plus interest, advances for taxes and/or insurance premiums on said property dated recorded in Official Records Book and , at Page ; musub2-I.uff multi sub agreement (2nd) .. .. , public records of Richmond County, GA , as if may have been modified and/or assigned. IN WITNESS WHEREOF, the Mortgage holder has executed this instrument, or caused the same to be executed in due form required by law, on this day and year below written. D~~~~~ _ ~ WItness ~~e: llILLIE HAYS II =- ~<<:(1 t.fYL, ~ Title: INTERIM MAYOR Itness. C' U ( State of GEORGIA County of RICHMOND I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State and County aforesaid to take acknowledgments, personally appeared WILLIE MAYS III , as . INTERIM MAYOR of AUGUSTA, GEORGIA , who are well known to me or who produced the following identification: NI A , who did/did not take an oath, and who executed the foregoing for the purposes described therein. WITNESS my hand and official seal in the County and State last aforesaid this ~ day of NOVEMBER , 2005 . (month) (y~ar). . /) LA' . _ /I . L)a..l'~ tV 7n8?~ NOT AR! r~lJBLIC, . (SEAL) State of ~~/c:J Drafted by: Printed Name: Notary Public. Colum~ia County, Georgia My Commission Expires: My Commission Expires Aug..t. 2006 MORTGAGE INVESTORS CORPORA nON C/Kim Rose musub2-2.uffmulti sub agreement (2nd) .. - - -# Prepared by and return to: C/Kim Rose Mortgage Investors Corporation 6090 Central Ave. St Petersburg, FL 33707 Tax Parcel I.D.#: Loan #: 524182 SUBORDINATION AGREEMENT KNOW ALL MEN BY THESE PRESENTS, that the undersigned holder of the Mortgage executed by VINCENT HOLLANDER AND HENRY BULLER in favor of AUGUST GEORGIA ON BEHALF OF THE HOUSING AND NEIGHBORHOOD dated 02/14/02, and recorded 02/25/02, in Book 776, at Page 1368,assigned to by instrument dated , and recorded , in book , at Page , public records of Richmond County, GA, which Mortgage encumbers the land situate in said county and described as follows: SEE EXHIBIT A ATTACHED AND MADE PART HEREOF. , for and in consideration of One Dollar and other valuable considerations paid to the undersigned by MORTGAGE INVESTORS CORPORA nON , receipt whereof is hereby acknowledged, does hereby subordinate the lien of said mortgage insofar as it encumbers the land described above to the lien of that certain Mortgage of an amount not to exceed $32,390.00, plus interest, advances for taxes and/or insurance premiums on said property dated recorded in Official Records Book and , at Page musub2-l.uffmulti sub agreement (2nd) . . , public records of Richmond County, GA , as if may have been modified and/or assigned. .~ IN WITNESS WHEREOF, the Mortgage holder has executed this instrument, or caused the same to be executed in due form required by law, on this day and year below written. Date: It! IS" / os-' (3 'a<r tj 'h1.. ~ "t WItness BY:~ _ I. N.am :' yh 'tJ~ r< tJ. ~~ TItle: . ~M ~ Wltnes~ State of County of I HEREBY CERTIFY that on this day, before me, an officer duly authorized in t d C afores' to take acknowledgm ts, ersonally eared , as , w 0 are well known to or who , who did/did not take an oath, and who executed the foregoing for e purposes described therein. d :~~~fficia! se,a! in tht-County and State last aforesaid this ( onth) i~ (SEAL) Drafted by: MPrincted N~e.: E . ..h"'",' r::lr:b\1ond y ommISSlOn xpIres:"""'}_ _ . :,:'.''< . .. ~1/:V ()Q: -.1. i:; ,..;-",:\i~':i . ~n C+clcrglali ~~[n! MORTGAGE INVESTORS CORPORA nON C/Kim Rose musub2-2.utf multi sub agreement (2nd) Loan Comparison Analysis Customer Name: Customer Account Numbe : PROPOSED LOAN OLD Vs Original Balle: $ ~q<( ~ Interest Rate: % Monthly Pay ent (P&I): $ at I r ~ Term: 360 Months ;5~~1JN ~ m W & - VoW~ !!/n~ ~ NEW Proposed Loan Amount: $ 3~ 377] Interest Rate:~ ~.5 I Y'':2 Monthly Pay~ent (P&I): $ t-!270 Term: 360 Months Mortgage Investors Corporation MORTGAGE BANKING SPECIALISTS LICENSED SINCE 1938 DATE: 09/01/05 FAX: (706)821-1797 TO: HOUSING & ECONOMIC DEVELOPMENT 925 LANEY WALKER BLVD 2ND FLOOR AUGUSTA, GA 30901 ATTN: HATTIE HOGAN (706)821-1784 FROM: Subordination Department RE: SUBORDINATION AGREEMENT Loan # 524182 ACCOUNT #: SS# 471-26-8874 2921 Shelby Drive Augusta, GA 30906 This memorandum is to advise you that our mutual customer(s) Henry Buller is / are currently refinancing their loan with MORTGAGE INVESTORS CORPORATION. The refinancing of this loan is a STREAMLINE interest rate reduction loan only. Therefore, there is NO CASH OUT to the borrower, and no appraisal required. The new loan amount will not exceed 32,390.00 Weare requesting that you sign, notarize, and expedite the completion of the attached subordination agreement. Upon approval, please fax the document to my attention at (727) 344-4657 , then forward the original to me, by UPS NEXT DA Y AIR. Mortgage Investors Corporation A TTN: Subordination Dept. 6090 Central Avenue 8t. Petersburg, FL 33707 UPS Acct No. EW6358 If any further information is needed, you may contact me at (800) 842-3892 . Thank you in advance for your cooperation. Subordination Coordinator C/Kim Rose @~'\1~~~ W\ ~ ~ 100S \ ~ Sr.? 2 .--;;::::::"- 6090 Central Avenue * St. Petersburg, FL 33707 * (800) 842-3892 * Fax (727) 344-4657 $ubreq2.ufTsubordinltionrequest (2ud)sub req . . AnENTION: Please do not use whiteout or staples on the original Subordination Agreement when executing the document. The County Recorder will not accept it and will send it back for re- execution. Thank you, Subordination Department A. Settlement Statement . . U.S. Department of Housing and Urban Development OMB No. 2502-0265 ~ 1r B. Type of Loan 1. [i] FHA 2. D FmHA 3. D Conv. Unins. 6. File Number 7. loan Number 8. Mortgage Insurance Case Number 4. D VA 5. D Conv. Ins. 524182 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. E. NAME AND ADDRESS OF SB..LER: G. PROPERTY 2921 Shelby Drive LOCATION: Augusta GA 30906 HUD-1 (Rev. 3/86) OMS No. 2502-0265