SWA000202_Property Deed_20230424

A. Settlement Statement (HUD-1) OMB Approval No. 2502-0265
B. Type of Loan
1.0 FHA 2.0 RHS 3.0 Conv. Unins
6. File Number:
7. Loan Number:
8. Mortgage Insurance Case Number:
4.11 VA 5.0 Conv. Ins 6.13 Commercial
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
.o.c. " were paid outside the closing; they are shown here for informational purposes and are not included in the totals.
D. Name & Address of Borrower:
E. Name & Address of Seller:
F. Name & Address of Lender:
Cabarrus County
WIlliam E. Foil
G. Property Location:
H. Settlement Agent:
TIN: 56-1413050
1150 B Street
Richard M. Koch
Mt. Pleasant, NC 28124
3220-201 Prosperity Church Rd.
Phone:[phone]
Charlotte, NC 28269
Lot: 29.111 Acres
Place of Settlement:
I. Settlement Date: 12/29/2021
3220-201 Prosperity Church Rd.
Block:
Charlotte, NC 28269
Funding Date: 12/29/2021
J. 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 price
1,077,107.00
401. Contract sales price
1,077,107.00
102. Personal p perty
402, Personal Droperty
103. Settlement charges to borrower line 1400
1,858.93
403.
104.
404.
105.
405.
Adjustments for items paid by seller in advance
Adjustments for items paid by seller in advance
106. City/town taxes:
406. City/town taxes:
to
to
107. County taxes:
407. County taxes:
to
to
108. Assessments:
408. Assessments:
to
to
109.
409.
110.
410.
111.
411.
112.
412.
120. Gross Amount Due From Borrower
1, 078, 965. 93.420.
Gross Amount Due To Seller
1 1,077,107,001
200. Amounts Paid By Or In Behalf Of Borrower
500. Reductions In Amount Due To Seller
201. Deposit or earnest money
50, 000. 00
501. Excess deposit see instructions
202. Princi al amount of new loans
502. Settlement charges to seller line 1400
31, 741.13
203. Existin loans taken subject to
503. Existingloans taken sub ect to
204.
504. Payoff of first mortgage loan
205.
505. Payoff of second mortgage loan
206,
506.
207.
507.
508.
509.
ts for items un aid b seller
Adjustments for items unpaid b seller
wn taxes:
510. City/town taxes:
to
taxes:
P
511. Count taxes:
to
sments:
512. Assessments:
to
513.
514.
215.
515.
216.
516.
217.
517.
218.
51 a.
219.
519.
220. Total Paid B /For Borrower
50, 000.00
520. Total Reduction Amount Due Seller
31, 741. 13
300. Cash At Settlement From/To Borrower
600. Cash At Settlement To/From Seller
301. Gross Amount due from borrower line 120
302. Less amounts Paid by/for borrower line 220
1 078, 965. 93
601. Gross amount due to seller line 420
1, 077, 107. 00
50 000.00
602. Less reductions in amount due seller line 520
31 r 741. 13
303. Cash © From ❑ To Borrower
Th. Pnh6r P.v ;.... ❑�.
1, 028, 965. 93
603. Cash ED To ❑From Seller
1, 095, 365. 87
- - - -- • ••• ,mpnin-H's esurna,eo Ea �o minutes per response for collecting, reviewing, and reporting.the data. This agency may not collect this
information, and you are not required to colete this form, unless it displays a currently valid OMB control number. No confidentiality is assured; this disclosure is mandatory. This is
designed to provide the parties to a RESPA covered transaction with information during the settlement process
© 2009-2020 Easysoft. Previous editions are obsolete. Page 1 of 3 HUD-1

L. Settlement Charges File Number: Loan Number:
700. Total Real Estate Broker Fees
Paid From
Borrower's
Funds at
Settlement
Paid From
Seller's
Funds at
Settlement
Division of Commission line 700 as follows:
701. $ to
702. to
703. Commission paid at settlement
704.
800. Items Payable in Connection With Loan
801. Our origination charge $ from GFE #1
802. Your credit or charge(points) for the specific interest rate chosen $ from GFE #2
803. Your adjusted origination charges from GFE A
804. Appraisal fee to from GFE #3
805. Credit report to from GFE #3
806. Tax service to from GFE #3
807. Flood certification from GFE #3
808.
809.
810.
811.
900. Items Re uired By Lender To Be Paid In Advance
901. Daily interest charges from 12/29/2021 to l/l/2022 @ $ /da from GFE #10
902. Mortgage insurance premium for 0 months to from GFE #3
903. Homeowner's insurance for 0 years to from GFE #11
904.
905.
1000. Reserves Deposited With Lender
1001. Initial deposit for vour escrow account from GFE #9
1002. Homeowner's insurance months @ per mo $
1003. Mortgage insurance months @ per mo $
1004. Property taxes months @ per mo $
1005. months @ per mo $
1006. months @ per mo
1007. A re ate Adiustment $ 0.00
1100. Title Charges
1101. Title services and lender's title insurance from GFE #4
1102. Settlement or closing fee
1103. Owner's title insurance Investors Title Insurance from GFE #5
1,806.62
1104. Lender's title insurance
1105. Lender's title policy limit $
1106. Owner's title policy limit $1, 077, 107.00
1107. Agent's portion of the total insurance premium $
1108. Underwriter's portion of the total insurance premium $
1109.Pre aration Seller Documents to Richard M. Koch
500.00
1110.
1111.
1200. Government Recording and Transfer Charges
1201. Government recording charges from GFE #7
26.00
1202. Deed $26.00 Mortgage $ Release $
1203. Transfer taxes from GFE #8
1204. City/County tax/stamps: Deed $ Mortgage $
1205. State tax/stamps: Deed $2 155.00 Mortgage $
1206. $
2,155.00
1207. $
1300. Additional Settlement Changes
1301. Required services that you can shoo for from GFE #6
1302.2018-2020 Deferred Taxes to Cabarrus Count & Mt. Pleasant
1303.2021 Taxes to Cabarrus Count & Mt. Pleasant
1304.2021 Deferred Taxes to Cabarrus Count & Mt. Pleasant
1305.
1.77
24.54
18,458.46
6,171.96
4,455.71
1306.
1307.
-
1308.
1400. Total Settlement Charges enter on lines 103, Section J and 602, Section K
1, 858.93
31, 741.13
• ••- - •-• ••, •• -,- - -11-... :. aIGIOIIIOeIt all., ry glee uase ul my Knowleage ano peuet, it is a true ano accurate statement of all receipts and disbursements made on
my
ac ount r by I is t an action. 1 further ertify that I have received a copy of the HUD-1 Set�tJle�m /t� m�entt
4t�`-• � 1Z• Zvi • 2021 GVfL%�'�'- "' • ��
rrus County Buyer/Borrower WIlliam E. Foil Seller
Buyer/Borrower Seller
This �Kftarecl
is a true and accurate account of this transaction. I've caused or will cause the funds to be disbursed in accordance with this statement.
12/29/2021
Richard Nf. Koch Settlement Agent Date
WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form Penalties upon conviction can include a fine or imprisonment
© 2009-2020 Easysoft. Previous editions are obsolete. Page 2 of 3 HUD-1

SCANNED AND RETURNED
Excise Tax 2,155.00
Tax Lot No.
Verified by
by.....................................
Mail after recording to Grantee
FILED
CABARRUS COUNTY NC
WAYNE NIXON
REGISTER OF DEEDS
FILED Dec 29, 2021
AT 03:02 pm
BOOK 15755
START PAGE 0106
END PAGE 0109
INSTRUMENT # 54267
EXCISE TAX $2,155.00
MKL
Recording Time, Book and Paqe
Parcel Identifier No. Part of 5670-65-2566
.-.....................................................................-......................
Countyon the .........................................................day of.....................................................................................
Koch
This instrument was prepared b Richard M. Koch P p Y ...... . __.._..........._...._._--...................._..._..........__.._.................... .......... _..__._..... ---_...............
Brief description for the Index 29.111 acres 1150 B St., Mt. Pleasant
THIS DEED made this
NORTH CAROLINA GENERAL WARRANTY DEED
GRANTOR
WILLIAM E. FOIL (Unmarried)
day of December
.............. ......--...........................................
.
2021 by and between
............................
GRANTEE
CABARRUS COUNTY
(a body politic and political subdivision of the State of
North Carolina)
P.O. Box 707
Concord, North Carolina 28026
Enter in appropriate block for each party: name, address, and, if appropriate, character of entity, e.q. corporation or partnership.
The designation Grantor and Grantee as used herein shall include said parties, their heirs, successors, and assigns, and
shall include singular, plural, masculine, feminine or neuter as required by context.
WITNESSETH, that the Grantor, for a valuable consideration paid by the Grantee, the receipt of which is hereby
acknowledged, has and by these presents does grant, bargain, sell and convey unto the Grantee in fee simple, all that
certain lot or parcel of land situated in the City of Mount Pleasant No. 8 _ Township,
Cabarrus County, North Carolina and more particularly described as follows:
See legal description attached as Exhibit A.

The property hereinabove described was acquired by Grantor by instrument recorded in Book 13910, page 190
A map showing the above described property is recorded in Plat Book 90
page 61
TO HAVE AND TO HOLD the aforesaid lot or parcel of land and all privileges and appurtenances thereto belonging to
the Grantee in fee simple.
And the Grantor covenants with the Grantee, that Grantor is seized of the premises in fee simple, has the right to convey
the same in fee simple, that title is marketable and free and clear of all encumbrances, and that Grantor will warrant and
defend the title against the lawful claims of all persons whomsoever except for the exceptions hereinafter stated.
Title to the property hereinabove described is subject to the following exceptions:
1. All easements, rights of way and restrictions of record.
2. Ad valorem taxes for the Town of Mount Pleasant and Cabarrus County.
IN WITNESS WHEREOF, the Grantor has hereunto set his hand and seal, or if corporate, has caused this instrument to be signed in its
corporate name by its duly authorized officers and its seal to be hereunto affixed by authority of its Board of Directors, the day and year first
above written.
—J
)
.............................................................................................................................................................................................................................................................
Z K/......................................................................................................................................_............_..........._.....................(SEAL
(Corporate
Name) O WILLIAM E. FOIL
By:
.................................... __............................................................
.......................... _.................... _.._..................... _.._..... _._............ __............................ Z
....(SEAL)
President Y
........... _... ............ _.......................................__......._......_...................._._.........
U
ATTEST:
¢
J......_._................_..........................................._....................__.............._.........................................................................._.
(SEAL)
m
........................................................ _._................................................ _..__
..................... __... _.................................................... ---............. ..........................
Lu
Seal) U)
.............................................Corporate
........................ -... _...................................................................... _............ - -- -
SEAL
SEAL -STAMP
i 1) County.
NORTH CAROLINA ' 1e4 f�tate
I, a Notary Public of the County and aforesai , certify that
William E. Foil
Grantor,
ARLENE L PALMA
... .................................................................................................. ... .........
ersonally appeared before me this day and acknowledged the execution of the foregoing instrument.
.......
Witness my
NOTARY PUBLIC
Co
Mecklenburg County
� and and official stamp or seal, this Zq day of Decem 2021
Nnrth Carolina
...........................................
My Commission Expires March 31,
2026 y commission expires: .�1 ��
Notary Public
SEAL -STAMP
NORTH CAROLINA, County.
I, a Notary Public of the County and State aforesaid, certify that
personally came before me this day and acknowledged that he is
..................................................................................................................................
Secretary of
y a North Carolina corporation, and that by authority duly
c
Y alven and as the act of the cornoration. the fnrenninn instniment was cinnp.ri in ita names by it.,;

EX hilb& R
Legal Description
Lying and being in Number 8 Township, Cabarrus County, North Carolina, and being a
portion of the property of William E. Foil (Tracts Four and Six, Deed Book 13910 at
Page 190) and a portion of the property of Virginia E. Foil (Deed Book 597 at Page 10),
and being more particularly described as follows:
Commencing at North Carolina Geodetic Survey monument "MILL" having NC grid
NAD 83 (2011) EPOCH 2O10.00 grid coordinates of N=602,717.16 feet and
E=1,573,226.45 feet; thence a grid course of N 06°12'37" E and a ground distance of
1643.88 feet (combined grid factor of 0.99985217) to a point in Walnut Street having NC
grid NAD 83 (2011) EPOCH 2O10.00 grid coordinates of N=604,351.15 feet and
E=1,573,404.26 feet, said point being on the western side of Washington Street (60') and
being the southeast corner of St. James Reformed Church (Deed Book 6152 at Page 196);
thence from the POINT OF BEGINNING with the west side of Washington Street and
with the east line of the said St. James Reformed Church N 01 ° 19'46" W (passing an
existing #4 rebar in 3" PVC pipe filled with concrete on line at 32.67 feet) a total distance
of 199.35 feet to an existing #4 rebar in concrete; thence continuing with the west side of
Washington Street and with the east lines of David L. Preddy and wife, Johnnette G.
Preddy (Deed Book 12678 at Page 22) and Cabarrus Med DST (Deed Book 15177 at
Page 92) N 01 °36'32" W (passing an existing #5 rebar on line at 237.19 feet) a total
distance of 406.74 feet to an existing #5 rebar; thence with Zeba H. Barringer and
husband David T. Barringer (Deed Book 3314 at Page 28) N 88°23'28" E 30.00 feet to a
set mag nail in Washington Street; thence through the property of William E. Foil (Tracts
Four and Six, Deed Book 13910 at Page 190) and the property of Virginia E. Foil (Deed
Book 597 at Page 10) the following seven courses and distances: 1) S 78°13'34" E 48.20
feet to a point; 2) S 87°56'47" E 85.00 feet to a point; 3) S 81 °08' 17" E 100.00 feet to a
point; 4) S 66°29'02" E 736.77 feet to a point; 5) S 28'19'00" E 450.51 feet to a point; 6)
S 49016' 36" E 112.97 feet to a point; and 7) S 31 °22'43" E 381.15 feet to a point on the
west side of a 60' "Graded Street" as shown on a map titled "Division of Jonas Cook
Estate" by Robert C. Lowery dated August 1977; thence with the west side of said 60'
"Graded Street" the following four courses and distances: 1) S 24°14'45" W (passing a
set #5 rebar on line at 20.00 feet) a total distance of 182.04 feet to a set #5 rebar; 2) with
the are of a circular curve to the right having a radius of 89.68 feet, an arc length of 91.70
feet and a chord bearing and distance of S 53°32' 12" W 87.76 feet to a set #5 rebar; 3)
with the arc of a circular curve to the left having a radius of 137.94 feet, an arc length of
153.53 feet and a chord bearing and distance of S 50°56'44" W 145.72 feet to a set #5
rebar; and 4) S 19°03'45" W 95.20 feet to a point; thence N 63'11'45" W 115.36 feet to
a point; thence S 56°49'07" W 182.91 feet to an existing 3/8" pipe with 2 stones witness;
thence with the lines of Betty McClure and Her Son, Warren McClure (Deed Book 673 at
Page 240), Andrew J. Scheib (Map Book 5 at Page 30, Deed Book 15226 at Page 308)
and Lutheran Church of the Holy Trinity, Mount Pleasant, North Carolina (Eighth &
Ninth Tracts, Deed Book 2385 at Page 256) N 44°57'20" W (passing an existing #5 rebar
beside loose stone on line at 236.39 feet, passing an existing 3/8" pipe on line at 774.50
feet, and passing a set #5 rebar on line at 1145.17 feet) a total distance of 1158.50 feet to
a point; thence N 48°56'20" W 22.85 feet to a point in Washington Street; thence within

5xhIbcflq
the asphalt of Washington Street and the turn onto Walnut Street the following four
courses and distances: 1) N 00°18'42" E 62.11 feet to a point; 2) N 07°00' 18" W 36.05
feet to a point; 3) N 36°30' 18" W 22.05 feet to a point; and 4) N 65°48' 18" W 21.54 feet
to the POINT OF BEGINNING containing 29.111 acres.