Citi M

08/07/2009

11: 5.2 FA.1: 6362562298

I4J 002

CI~t'i" ~. August 7,12009

CHICAGO,

n.

60656-1462

RE: J,

\

Dear Mortgagors) :

i

CitiMort~ge,

!

:

I

I

Ind. has agreed to accept a short payoff on ~e above captioned loan with the following

condjtion~:

!

:

I

1_ The cltsing s~all take place on or before August 20, 2Q09 Of P~ diem interest in the amount of $75.00 will be ch~g(..'d. ou must obtain approval from CitiMort~e fo~ any extension beyond August 20, 2009. Per diem ~ntcrcst i-vill have to be absorbed hy parties other; than CitiMortgage, Inc.

r

2. CitiMQ~gage, i

Inc. net proceeds should Dot be less than !

$207,115.24 Contract price is $235,000.00.

,I

3. ApproVed closing costs to be absorbed by CitiMortgage, Inc. 4ncluding brokers commission are not to exceed $27,889.7p. Brokers commission shall not exceed ~14,lOQ.OO_AIl other dosing costs must be absorbed Wy partifs other than CitiMortgage, Inc.. .

I

:

:

.

!

I

4. The cljITent o)"ners are to receive (0) zero proceeds f~rn the ~jc 0 ~the above property. Any and all refunds oI1credits!should be added to the ner proccccis(frorp item above) and remitted to CitiMortgage, Inc. at thertime oflclosing. . ; 1

12

"

:

,

,

:

:

"i

I

5" ypon feceipt 9ft~e ~ P~OCEEDS and a COpy OF TIlE f~AL SET'r1£MENr STA1~EMENT, ~ltiMortgf~e, In0t w~ll give a full release and reconveyance ofth1rr loan as agreed and no deficiency Judgment will be instituted. .. !

! 6. All ju~en~ and/or liens must be cleared and settledlprior t~ closing. Proof of release must be presented ~t time f closing, .

r 7. Mort~~gor

r

I

i

..

I

sb411 contribute $5,000.00 at closing to UCIC (NJI Company).

1mal HUP to Tony Steele attention

at 336-275-2893.

Please fax a

copy of

Ple~e send certified check overnight

~I j

j

:

i

i

I.

United Guar~mty 1 .\.ttn: Tony S~cele Loss Management 19th Flpor 230 N. Elm Street Greensboro, NC 2740l!

·~'.k'Nt~AN~ES TO nIl;; ABOVE'TATED ~ CltiMort~agc, I~c.. 1', !. (fit~ 1)(

1:

!

f ,,,' d(+iJ)~ pk;lM~ tax a coJ)~ or the cbl'cb. IHM}229~!90·t , ,!

On

I I

:

+BE !

APPROVEDBY

!

j

I

.11 :du~l~ u ill~ it I II i

I:II

Ii I

I i

I

!

;H-I ~t't Ilcment Staf emenr to

08/07/2009

I

11: 5~ FAX 16362562298

.'.

}:

,

i[

,

{

~!

;

!

.

1

I

Please fO~. _rd tHE NET PROCEEDS CHECK with tHE F STAT~EIW

Ii i:

t?; I

I

I

1

I I

I

j

!

U

1

~' I

@003

I

I Al.lIUD-l

SETTLEMENT

i

CitiMortgage4.lnc. 1000 Technology Drive

O'Fano~ MO. 63~68-2210 Attention: Nathan~cl~Ilunter Short Sale -M.8. 420 "i

I

(VIA OVERNIGIf

'

!)

The loan ~ not ~ paid off without receipt of. Final J-I """ emei< statement. Per diem interest will continue accrut or, proceeds check will be returned all ~ired documents have been received.

tp

unti

If you haJe any qhestions. please feel free 10 contact 636-~61-77J4. ~

11

1:

Sincerely~ "t

(

;

lP1~

1

'

,. ~'~. Nathanie I Iunter] CitiMorta?ge, Inq. ';

I

,

Disclaimer

,

i

- CalliMonitored

i:

;

r

!

!\

I \

I

\