HomeMy WebLinkAboutHOUSING REHABILITATION PROGRAM AGREEMENTS_ 1913 KINGS GRANT DRIVE, 2753 ROYAL STREET, 2652 BARCLAY STREET LOAN SETTLEMENT STATEMENT
BORROWER: Joseph Diggs, Sr.
TO: AUGUSTA-RICHMOND COUNTY
HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT
HOUSING REHABILITATION PROGRAM
PROPERTY: 1913 Kings Street
Augusta,GA 30906
DATE: October 17, 2018
TOTAL CONTRACT AMOUNT $$34,365.00
LESS LEAD BASE PAINT GRANT $0.00
LOW INTEREST RATE LOAN (LIRL)
TERMS OF LOAN AT 0% FOR0.00 YEARS
CONDITIONAL DEFERRED PAYMENT LOAN (CDPL) $ 34,365.00
CONTINGENT CHANGE ORDERS $
TOTAL DISBURSEMENT $ 34,365.00
THIS IS TO CERTIFY THAT THE FOREGOING IS A TRUE AND ACCURATE
STATEMENT OF THE MONIES RECEIVED AND DISBURSED IN THIS CLOSING.
ATTEST:. AUGUSTA,GEORGIA
By: �i.� ui � Date: '' 4}� !e".
t
Joseph Diggs,Sr. 1
By: / '.G Date: �` 21\
Hardie Davis
is Mayor
c
BY: 24 ' AIL Date: I) 13)I
Allen Jac on
Its Adminis h.tor
'•
B ' .
_ Date: 19(3) 1a
ome We ch- r.,Director
Ho o g&Comm y Deve
//_l /f pment� Department /
Annroved As To Fnrm R.. /J,,Y/IP,/1/�i.L// .._._. i /1 X
ATTEST: AUGUSTA,GEORGIA
By: 3S G �' sS Date: /7`q� ` � / y�-
Joseph Diggs,Si( _
By: &CA- Date: IA l 21 1
Hardie Davis• 1
• L ayor ' (I
131 re
By: A t� A� Date:
J.fi Allen Jac on. 11,
•Adminis .,i r
B •1 -.1. / Date: f J3) `(�
•Tritome Welch' -- 11 irector
I
Hou •g&Comm n I-vel p i.ent Department
L
Approved As To Form By: ✓ 1 Date: l '/1//i
Andrew .Mackenzie
General Counsel
fnAi
11
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Notary Public,State of Gem-/,a,Coun -1i f Richmond `aP °T.Rt a•,,
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.tee ' ARy:.
my Expires May 25,2079 =Q Q� ' "I1
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AUGUSTA-RICHMOND COUNTY, GEORGIA
REAL ESTATE NOTE, PROMISSORY NOTE
CONDITIONAL DEFERRED PAYMENT LOAN
HOUSING REHAB PROGRAM
$34,365.00 DATE:10/17/2018
FOR VALUE RECEIVED, I, Joseph Diggs, Sr., promise to pay to the order
of the Augusta-Richmond County, Georgia, Department of Housing and
Community Development, the principal sum of $34,365.00
NO/100 DOLLARS in legal tender of the United
States. The funds assigned to the homeowner will be collected in full
at the time of transfer and/or sale of property. Upon death of a
homeowner or transfer or sale of property, if the heir is a low income
family, monthly payments will be established. In addition, if the heir
does not occupy the house, they have the option to rent to a low income
family or pay off the loan.
Principal only is payable at 925 Laney Walker Blvd., 2nd Floor, Augusta,
Georgia 30901 or at such other place as the holder hereof may designate
in writing.
Should any installment not be paid when due, or should the maker or
makers, hereof fail to comply with any of the terms or requirements of
a security deed of even date herewith, conveying title to real property
located in Augusta, Richmond County, Georgia, as security for this
indebtedness, the entire unpaid principal sum evidenced by this note,
with all secured interest shall, at the option of the holder and without
notice of the undersigned, become due and may be collected forthwith,
time being of essence of this contract. It is further agreed that
failure of the holder to exercise this right of accelerating the maturity
of the debt, or indulgence granted form time to time, shall in no event
be considered as a waiver of such right of acceleration or stop the
holder from exercising such right.
In case this note is collected by law, as through an attorney at law,
all costs of collection, including fifteen percentum (15%) of the
principal and interest as attorney's fees shall be paid by the maker
hereof.
And each of us, whether maker, endorser, grantor, or surety, hereby
waives and renounces, for himself and family, any and all exemption right
either of use or the family of either of us, may have under or by virtue
of the Constitution or laws of Georgia or of any other state or the
United States as against this debt or any renewal thereof; and each
further waives demand, protest and non-payment.
In case of default, in the payment of any of the aforementioned
installments and in case the holder of this note should elect, on account
of such default, to declare the unpaid balance of the principal sum due
and payable, said principal sum or so much thereof as may remain unpaid
at the time of such default, shall bear interest at the rate of eight
percentum per annum from the date of such default.
This contract is to be constructed in all respects and enforced according
to the laws of the State of Georgia.
WITNESS HIS/HER hand(s) and seal(s) , the day and year first above
written.
ATTEST: AUGUSTA,GEORGIA
By: (j°', r ��jcic ..�- Date: /7 d cit- ,?-Zi/q—
Joseph Diggs,Sr.
By: Date: \'V2.1 \ 1 SC
Hardie Davis l
Mils Mayor .
By: 5jI 4417 Date: l illjie
J. � :Allen Jac, on
A. ••Adminis 1.to
B .,� 11111 Date: 1 (31 1e
MI orne Welcher,Jr.,DM
Hou '.'g&Community Dev op ent D-). ment
Approved As To Form By: / f / Date: 1 1/ /
Andrew . ack,I ie
/`/ 1
General Counsel
171,d,f,044, 04
Notary Public,State of Geo gia,Co y of Richmond a ..,•...,,,,Fy a,.
11
*commission =K-i S KNRY•%%az
E�Ites May 25,2019 . : �Q �� ,U• 0:,} PU"
DISCLOSURE NOTICE REQUIRED BY FEDERAL LAW
FOR CONDITIONAL DEFERRED PAYMENT LOAN
HOUSING REHABILITATION PROGRAM
REAL PROPERTY TRANSACTION 1913 Kings Grant Drive Augusta, GA 30906
OTHER THAN PURCHASE LOAN SECURED Project Address
BY FIRST LIEN ON A DWELLING Interest Rate N/A
THE AMOUNT OF THE CONDITIONAL DEFERRED PAYMENT LOAN $ 34,365.00
CONTINGENT CHANGE ORDERS $
OTHER:* $
TOTAL $ 34,365.00
NET PROCEEDS $
REQUIREMENTS AND STIPULATIONS OF REPAYMENT
1. Household Income - 50% or below HUD's Area Median Income
Those individuals and families whose family sizes and total annual income
fall *within and/or below "HUD" 50% Area Median Income & Family Size
Guidelines" will be exempt from making monthly payments.
No payments shall be due from the property owner as long as the property:
• Remains his or her legal residence;
• The ownership of the property is not altered via sale and/or transfer;
and
• The property remains as a residential unit.
In the event that any of the pre-mentioned conditions occur, the total
amount financed will be due and payable.
The funds assigned to the homeowner will be collected in full at the time
of transfer and/or sale of property. Upon death of a homeowner or transfer
or sale of property, if the heir is a low income family, monthly payments
will be established. In addition, if the heir does not occupy the house,
they have the option to rent to a low income family or pay off the loan.
The loan may be declared due and payable in full at any time with reasonable notice
to the owner if the lien holder determines that the improvements made under this
program are not being properly maintained. This determination will be made
initially by an inspection by Housing Rehabilitation Program staff with the final
determination of maintenance being made in the discretion of the Housing and
Community Development Department of Augusta-Richmond County.
SECURITY INTEREST - Augusta-Richmond, Georgia; Housing Rehab Program
security interest is a security deed on the property located at 1913 Kings
Street Augusta, GA 30906
HAZARD INSURANCE IS A REQUIREMENT OF THIS LOAN AND SHALL BE OBTAINED BY THE
BORROWER THROUGH AN AGENCY OF HIS/HER CHOICE.
Credit life and/or Disability Insurance is not a requirement.
OTHER EXPLANATIONS: This loan is provided to owner(s) who are low and
moderate income residents of Augusta-Richmond County, Georgia through its
agency, the Housing and Community Development Department.
Housing Rehabilitation Program I/WE) hereby acknowledge receipt
LOAN SETTLEMENT STATEMENT
BORROWER: Margarite J. Turner
TO: AUGUSTA-RICHMOND COUNTY
HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT
HOUSING REHABILITATION PROGRAM
PROPERTY: 2753 Royal Street
Augusta, GA 30909
DATE: October 17, 2018
TOTAL CONTRACT AMOUNT $$39,665.00
LESS LEAD BASE PAINT GRANT $0.00
LOW INTEREST RATE LOAN (LIRL) $39,665.00
TERMS OF LOAN AT 0% FOR0.00 YEARS
CONDITIONAL DEFERRED PAYMENT LOAN (CDPL) $
CONTINGENT CHANGE ORDERS $
TOTAL DISBURSEMENT $ 39,665.00
THIS IS TO CERTIFY THAT THE FOREGOING IS A TRUE AND ACCURATE
STATEMENT OF THE MONIES RECEIVED AND DISBURSED IN THIS CLOSING.
ATTEST: AUGUSTA,GEORGIA
By: QI �v2 •- Date: ��/�l f p
Marjorie J.Turner
By: / � i^. Date: 21
Hardie Davis I Sr
As Its Mayor
By: AI (� r- Date: I f''3//T
ce Allen Jackson
• is Administ . .r
By: ` Date: gI 1.%
a��1,I e Welch' r., �' ector
Hous i*&Comm h De -lopment Department
i
Approved As To Form By: / Date: I I /
C
An ew G.Mackent
DISCLOSURE NOTICE REQUIRED BY FEDERAL LAW
FOR CONDITIONAL DEFERRED PAYMENT LOAN
HOUSING REHABILITATION PROGRAM
REAL PROPERTY TRANSACTION 2753 Royal Street Augusta, GA 30904
OTHER THAN PURCHASE LOAN SECURED Project Address
BY FIRST LIEN ON A DWELLING Interest Rate N/A
THE AMOUNT OF THE CONDITIONAL DEFERRED PAYMENT LOAN $$39,665.00
CONTINGENT CHANGE ORDERS $
OTHER:* $
TOTAL $$39,665.00
NET PROCEEDS $
REQUIREMENTS AND STIPULATIONS OF REPAYMENT
1. Household Income - 50$ or below HUD's Area Median Income
Those individuals and families whose family sizes and total annual income
fall within and/or below "HUD" - 50t Area Median Income & Family Size
Guidelines" will be exempt from making monthly payments.
No payments shall be due from the property owner as long as the property:
• Remains his or her legal residence;
■ The ownership of the property is not altered via sale and/or transfer;
and
• The property remains as a residential unit.
In the event that any of the pre-mentioned conditions occur, the total
amount financed will be due and payable.
The funds assigned to the homeowner will be collected in full at the time
of transfer and/or sale of property. Upon death of a homeowner or transfer
or sale of property, if the heir is a low income family, monthly payments
will be established. In addition, if the heir does not occupy the house,
they have the option to rent to a low income family or pay off the loan.
The loan may be declared due and payable in full at any time with reasonable notice
to the owner if the lien holder determines that the improvements made under this
program are not being properly maintained. This determination will be made
initially by an inspection by Housing Rehabilitation Program staff with the final
determination of maintenance being made in the discretion of the Housing and
Community Development Department of Augusta-Richmond County.
SECURITY INTEREST - Augusta-Richmond, Georgia; Housing Rehab Program
security interest is a security deed on the property located at
HAZARD INSURANCE IS A REQUIREMENT OF THIS LOAN AND SHALL BE OBTAINED BY THE
BORROWER THROUGH AN AGENCY OF HIS/HER CHOICE.
Credit life and/or Disability Insurance is not a requirement.
OTHER EXPLANATIONS: This loan is provided to owner(s) who are low and
moderate income residents of Augusta-Richmond County, Georgia through its
agency, the Housing and Community Development Department.
Housing Rehabilitation Program I/WE) hereby acknowledge receipt
ATTEST: / AUGUSTA,GEORGIA
By VII f-f•.--/ l ii7i/ ' Date: I6 `i
Marjo ie J Turner
By: 1-‘66.•c&-r Date: I2. )
Hardie Davis '
is Mayor /
By: ��� r i' +Ar Date: I ( [ (4( )
B : `y
J,,,i • Allen <Cktor
•
�. •A.li'a s .tor
B.• ►1�_ _ Date: (" 31 I
HMI Welch- Jr., 9. ector
Housing&Comm • • De elop ent D-•artment
Approved As To Form By: A• , ' Date:
if
Andrew .M.. e8 J
General Counsel
(loult, 11 '114 / q
Notary Public,S . e of Geor!f County of Richmond 4.1.,:;4i�°'� - ` �
i,
My Commission Expires May 25,2019 s +O rJ. s
z ,
AUGUSTA-RICHMOND COUNTY, GEORGIA
REAL ESTATE NOTE, PROMISSORY NOTE
CONDITIONAL DEFERRED PAYMENT LOAN
HOUSING REHAB PROGRAM
$39,665.00 DATE:10/17/2018
FOR VALUE RECEIVED, I, Margarite J. Turner, promise to pay to the order
of the Augusta-Richmond County, Georgia, Department of Housing and
Community Development, the principal sum of $39,665.00
NO/100************************* DOLLARS in legal tender of the United
States. The funds assigned to the homeowner will be collected in full
at the time of transfer and/or sale of property. Upon death of a
homeowner or transfer or sale of property, if the heir is a low income
family, monthly payments will be established. In addition, if the heir
does not occupy the house, they have the option to rent to a low income
family or pay off the loan.
Principal only is payable at 925 Laney Walker Blvd., 2nd Floor, Augusta,
Georgia 30901 or at such other place as the holder hereof may designate
in writing.
Should any installment not be paid;when due, or should the maker or
makers, hereof fail to comply with any of the terms or requirements of
a security deed of even date herewith, conveying title to real property
located in Augusta, Richmond County, Georgia, as security for this
indebtedness, the entire unpaid principal sum evidenced by this note,
with all secured interest shall, at the option of the holder and without
notice of the undersigned, become due and may be collected forthwith,
time being of essence of this contract. It is further agreed that
failure of the holder to exercise this right of accelerating the maturity
of the debt, or indulgence granted form time to time, shall in no event
be considered as a waiver of such right of acceleration or stop the
holder from exercising such right.
In case this note is collected by law, as through an attorney at law,
all costs of collection, including fifteen percentum (15%) of the
principal and interest as attorney's fees shall be paid by the maker
hereof.
And each of us, whether maker, endorser, grantor, or surety, hereby
waives and renounces, for himself and family, any and all exemption right
either of use or the family of either of us, may have under or by virtue
of the Constitution or laws of Georgia or of any other state or the
United States as against this debt or any renewal thereof; and each
further waives demand, protest and non-payment.
In case of default, in the payment of any of the aforementioned
installments and in case the holder of this note should elect, on account
of such default, to declare the unpaid balance of the principal sum due
and payable, said principal sum or so much thereof as may remain unpaid
at the time of such default, shall bear interest at the rate of eight
percentum per annum from the date of such default.
This contract is to be constructed in all respects and enforced according
to the laws of the State of Georgia.
WITNESS HIS/HER hand(s) and seal(s) , the day and year first above
written.
ArlhST: / AUGUSTA,GEORGIA
By r ..a si. '' `all-41' Date: ./ u l
Marjorie J.Turner
0p
By: Il i Date: 21 1 W
Hardie i avis `,
As Its Mayor I
By: A G- 114 k IADate: 13l
ty
Js e Allen Jacks•n i
:6's Administra%r l l
B . _ 'IPA Date: 1012,11k%
"aTk orne Welcher 7 r.,D ector
Ni
Hous %g&Communi Nr evelopme t Department
Approved As To Form By: K97, Date: 1 1/%01
An ew G. ackenzie
General Counsel
Notary Public,State of G1gia, ty of Richmond /ProQ,+' ...A 1
*Commission Expires May 25,2019 I PU CV
".,' OND���,,,..
LOAN SETTLEMENT STATEMENT
BORROWER: Davetta Watts
TO: AUGUSTA-RICHMOND COUNTY
HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT
HOUSING REHABILITATION PROGRAM
PROPERTY: 2652 Barclay Street
Hephzibah,GA 30815
DATE: October 17, 2018
TOTAL CONTRACT AMOUNT $$34,870.00
LESS LEAD BASE PAINT GRANT 0.00
LOW INTEREST RATE LOAN (LIRL)
TERMS OF LOAN AT 0°s FOR0.00 YEARS
CONDITIONAL DEFERRED PAYMENT LOAN (CDPL) $ 34,870.00
CONTINGENT CHANGE ORDERS $
TOTAL DISBURSEMENT $ 34,870.00
THIS IS TO CERTIFY THAT THE FOREGOING IS A TRUE AND ACCURATE
STATEMENT OF THE MONIES RECEIVED AND DISBURSED IN THIS CLOSING.
ATTEST: AUGUSTA,GEORGIA
ByF Date: IL)— / 7— JE
Davetta Watts
By: Fi ®® ��
`a"ttc.o' Date: II 21 a
Hardie Davis l
As is ayor
By: ,�; 1, al Date: "I 3(I
JV- Allen Jackson
! .Administ . or
B • _kAll �
Date: I 431 )
Haeme Welch77,—;,'s rector
Hous g&Comm 't De elopment Department l l
Approved As To Form By:/ ahz Date: 'i j6j//�
drew G.M ek _ ie 111
MIL
_
ATTEST: AUGUSTA,GEORGIA
ES
By: `-'�I u3ali3 Date: / C) - 17- 1
DavettataWatts
By: / C� ° Date: 1121 1 Tf
Hardie Davis l
• Its Mayor 3By: i, (r �1 ) ( -f- Date: fi/12'/t
••, e Allen Jacks on
i
is Adminis r
By.
�� Date: 13)
a .. •e Welch- r., :'ector [ l
Hous-s &Comm •'y Dev.lopment Department
Approved As To Form By: A IEteDate:
General Counsel
ic -4.0"t*cr4 7...,
Notary Public,State of Georgi Coun of Richmond 41.4,
My Canmission Expires May 25,2019 „z 4 ' •._•-• r)
i t P
as v�`
iii,lea ONO�G
DISCLOSURE NOTICE REQUIRED BY FEDERAL LAW
FOR CONDITIONAL DEFERRED PAYMENT LOAN
HOUSING REHABILITATION PROGRAM
REAL PROPERTY TRANSACTION 2652 Barclay Street Hephzibah, GA 30815
OTHER THAN PURCHASE LOAN SECURED Project Address
BY FIRST LIEN ON A DWELLING Interest Rate N/A
THE AMOUNT OF THE CONDITIONAL DEFERRED PAYMENT LOAN $$34,870.00
CONTINGENT CHANGE ORDERS $
OTHER:* $
TOTAL $$34,870.00
NET PROCEEDS $
REQUIREMENTS AND STIPULATIONS OF REPAYMENT
1. Household Income - 50% or below HUD's Area Median Income
Those individuals and families whose family sizes and total annual income
fall within and/or below "HUD" - 50% Area Median Income & Family Size
Guidelines" will be exempt from making monthly payments.
No payments shall be due from the property owner as long as the property:
■ Remains his or her legal residence;
■ The ownership of the property is not altered via sale and/or transfer;
and
■ The property remains as a residential unit.
In the event that any of the pre-mentioned conditions occur, the total
amount financed will be due and payable.
The funds assigned to the homeowner will be collected in full at the time
of transfer and/or sale of property. Upon death of a homeowner or transfer
or sale of property, if the heir is a low income family, monthly payments
will be established. In addition, if the heir does not occupy the house,
they have the option to rent to a low income family or pay off the loan.
The loan may be declared due and payable in full at any time with reasonable notice
to the owner if the lien holder determines that the improvements made under this
program are not being properly maintained. This determination will be made
initially by an inspection by Housing Rehabilitation Program staff with the final
determination of maintenance being made in the discretion of the Housing and
Community Development Department of Augusta-Richmond County.
SECURITY INTEREST - Augusta-Richmond, Georgia; Housing Rehab Program
security interest is a security deed on the property located at 2652 Barclay
Street Hephzibah, GA 30815
HAZARD INSURANCE IS A REQUIREMENT OF THIS LOAN AND SHALL BE OBTAINED BY THE
BORROWER THROUGH AN AGENCY OF HIS/HER CHOICE.
Credit life and/or Disability Insurance is not a requirement.
OTHER EXPLANATIONS: This loan is provided to owner(s) who are low and
moderate income residents of Augusta-Richmond County, Georgia through its
agency, the Housing and Community Development Department.
Housing Rehabilitation Program I/WE) hereby acknowledge receipt
ATTESTyT::�, � � -,QQ�--�� AUGUSTA,GEORGIA -7
BY:C'�-��1.,(11 .�. Lt ,:6 Date: lb 17 _ 1 8
Davetta Watts
By: G Date: I\ 1 2,1 15
Hardie Davis I l
As ayor
/
I � ,� i
By: 'AlIt f Date: i ( 131 Y
J. :Allen Ja'y. on /
Adminis r for II
By: _ �ss. Date: (0(3) l`$
orne Welc, , r., : ector
Ho Irg&Comm 'ty Dev.opment Dep0 men
Approved As To Form By: Ar )3t4" .jf Date: i
q
Andrew G.Mackenzi
General Counsel
0sHS
,•`'M ,cTAPk •,,
Notary Public,State of Ge gia,Co ty of Richmond /It =��AR), a'-
.r C,! '
Bey Commission Expires May 25,2019 ss ' POP" 7.044.:
AUGUSTA-RICHMOND COUNTY, GEORGIA
REAL ESTATE NOTE, PROMISSORY NOTE
CONDITIONAL DEFERRED PAYMENT LOAN
HOUSING REHAB PROGRAM
$34,870.00 DATE:10/17/2018 12:00:00 AM
FOR VALUE RECEIVED,I,Davetta Watts , promise to pay to the order of the
Augusta-Richmond County, Georgia, Department of Housing and Community
Development, the principal sum of $34,870.00
NO/100 DOLLARS in legal tender of the United
States. The funds assigned to the homeowner will be collected in full
at the time of transfer and/or sale of property. Upon death of a
homeowner or transfer or sale of property, if the heir is a low income
family, monthly payments will be established. In addition, if the heir
does not occupy the house, they have the option to rent to a low income
family or pay off the loan.
Principal only is payable at 925 Laney Walker Blvd., 2nd Floor, Augusta,
Georgia 30901 or at such other place as the holder hereof may designate
in writing.
Should any installment not be paid when due, or should the maker or
makers, hereof fail to comply with any of the terms or requirements of
a security deed of even date herewith, conveying title to real property
located in Augusta, Richmond County, Georgia, as security for this
indebtedness, the entire unpaid principal sum evidenced by this note,
with all secured interest shall, at the option of the holder and without
notice of the undersigned, become due and may be collected forthwith,
time being of essence of this contract. It is further agreed that
failure of the holder to exercise this right of accelerating the maturity
of the debt, or indulgence granted form time to time, shall in no event
be considered as a waiver of such right of acceleration or stop the
holder from exercising such right.
In case this note is collected by law, as through an attorney at law,
all costs of collection, including fifteen percentum (15%) of the
principal and interest as attorney's fees shall be paid by the maker
hereof.
And each of us, whether maker, endorser, grantor, or surety, hereby
waives and renounces, for himself and family, any and all exemption right
either of use or the family of either of us, may have under or by virtue
of the Constitution or laws of Georgia or of any other state or the
United States as against this debt or any renewal thereof; and each
further waives demand, protest and non-payment.
In case of default, in the payment of any of the aforementioned
installments and in case the holder of this note should elect, on account
of such default, to declare the unpaid balance of the principal sum due
and payable, said principal sum or so much thereof as may remain unpaid
at the time of such default, shall bear interest at the rate of eight
percentum per annum from the date of such default.
This contract is to be constructed in all respects and enforced according
to the laws of the State of Georgia.
WITNESS HIS/HER hand(s) and seal(s) , the day and year first above
written.