Common use of Filing and Recording Fees Clause in Contracts

Filing and Recording Fees. Borrower shall pay all title insurance premiums, escrow charges, filing, registration or recording fees, and all expenses incident to the execution and acknowledgement of this Mortgage and all federal, state, county and municipal taxes and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution, delivery and performance of this Mortgage. By signing below, Borrower accepts and agrees to be bound by the terms and covenants in this Mortgage. Borrower Borrower STATE OF ILLINOIS ) COUNTY OF CHAMPAIGN ) I, , a Notary Public in and for said county and state, do hereby certify that Personally known to me to be the same person(s) whose name(s) subscribed to the foregoing instrument, appeared before me this day in person, and acknowledged that signed and delivered the said instrument as free and voluntary act for the uses and purposes therein set forth. Given under my hand and official seal, this day of , 20 . Notary Public U.S. $ FOR VALUE RECEIVED, the undersigned (“Borrower”) covenants and promise(s) to pay to the order of the City of Urbana (the “Payee”), a unit of local government, the principal sum of and /100 Dollars ($ ), with interest in the amount of zero percent (0%). Absent the occurrence of either of the events set forth in clauses (i) or (ii) below (each, a “Recapture Event”), no principal payments shall be due or payable. On the first anniversary of the date of execution of this note and on each successive anniversary of said date of execution year thereafter until ten (10) years after the date of this Note, Payee shall forgive the one ten (1/10) of the initial amount of indebtedness from the principal balance of this Promissory Note. The period from the date of this Promissory Note to the date that is ten (10) years after the date of this Note is referred to herein as the “Affordability Period”. Borrower agrees to repay to the Payee, and the Payee shall have the right to accelerate payment of, the outstanding principal balance upon the earliest to occur, within the Affordability Period, of the following: (i) a default by the Borrower, beyond any applicable cure period, under the Mortgage, the Regulatory and Land Use Restriction Agreement or any other document evidencing or securing the Loan; or (ii) the sale, conveyance or transfer of ownership of the Property to a Buyer whose household income exceeds 80 percent of the median county income, provided, however, that if the Borrower is an individual, that no transfer to a spouse upon a dissolution of a marriage or to a surviving spouse upon the death of Borrower, as the case may be, shall be deemed to be a sale, conveyance or transfer for purposes of this subparagraph. The Payee may exercise the foregoing right to accelerate, regardless of any prior forbearance, in accordance with the terms of the Mortgage. If suit is brought to collect the sums due under this Note, the Payee shall be entitled to collect all reasonable costs and expenses of suit, including, but not limited to, reasonable attorneys’ fees. Presentment, notice of dishonor and protest are hereby waived by all Borrower, sureties, guarantors and endorsers hereof. This Note shall be the joint and several obligation of all Borrower, sureties, guarantors and endorsers, and shall be binding upon them and their successors and assigns. Any subsequent holder of this Note shall have the same rights under this Note as Payee. Any notice to Borrower provided for in this Note shall be given as set forth in Paragraph 14 of the Mortgage securing payment of this Note. This Note is governed by the Mortgage securing the same and the Regulatory and Land Use Restrictions Agreement executed on the same date as this Note and evidences money borrowed by Borrower for the Property. Property Address: Xxxxxx, XX 00000 Borrower Borrower STATE OF ILLINOIS ) COUNTY OF CHAMPAIGN ) I, , a Notary Public in and for said county and state, do hereby certify that Personally known to me to be the same person(s) whose name(s) subscribed to the foregoing instrument, appeared before me this day in person, and acknowledged that signed and delivered the said instrument as free and voluntary act for the uses and purposes therein set forth. Given under my hand and official seal, this day of , 20 . Notary Public Common address: Xxxxxx, XX 00000 PIN: Urban League Of Champaign County Development Corporation Affordable Six Homeownership Program‌ Month: Completed By: Date I. Property & Planning II. Design Documents:

Filing and Recording Fees. Borrower shall pay all title insurance premiums, escrow charges, filing, registration or recording fees, and all expenses incident to the execution and acknowledgement of this Mortgage and all federal, state, county and municipal taxes and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution, delivery and performance of this Mortgage. By signing below, Borrower Xxxxxxxx accepts and agrees to be bound by the terms and covenants in this Mortgage. Borrower Borrower STATE OF ILLINOIS ) COUNTY OF CHAMPAIGN ) I, , a Notary Public in and for said county and state, do hereby certify that Personally known to me to be the same person(s) whose name(s) subscribed to the foregoing instrument, appeared before me this day in person, and acknowledged that signed and delivered the said instrument as free and voluntary act for the uses and purposes therein set forth. Given under my hand and official seal, this day of , 20 . Notary Public U.S. $ FOR VALUE RECEIVED, the undersigned (“Borrower”) covenants and promise(s) to pay to the order of the City of Urbana (the “Payee”), a unit of local government, the principal sum of and /100 Dollars ($ ), with interest in the amount of zero percent (0%). Absent the occurrence of either of the events set forth in clauses (i) or (ii) below (each, a “Recapture Event”), no principal payments shall be due or payable. On the first anniversary of the date of execution of this note and on each successive anniversary of said date of execution year thereafter until ten fifteen (1015) years after the date of this Note, Payee shall forgive the one ten (1/10) of the initial amount of indebtedness from the principal balance of this Promissory Note. The period from the date of this Promissory Note to the date that is ten fifteen (1015) years after the date of this Note is referred to herein as the “Affordability Period”. Borrower Xxxxxxxx agrees to repay to the Payee, and the Payee shall have the right to accelerate payment of, the outstanding principal balance upon the earliest to occur, within the Affordability Period, of the following: (i) a default by the Borrower, beyond any applicable cure period, under the Mortgage, the Regulatory and Land Use Restriction Agreement or any other document evidencing or securing the Loan; or (ii) the sale, conveyance or transfer of ownership of the Property to a Buyer whose household income exceeds 80 percent of the median county income, provided, however, that if the Borrower is an individual, that no transfer to a spouse upon a dissolution of a marriage or to a surviving spouse upon the death of BorrowerXxxxxxxx, as the case may be, shall be deemed to be a sale, conveyance or transfer for purposes of this subparagraph. The Payee may exercise the foregoing right to accelerate, regardless of any prior forbearance, in accordance with the terms of the Mortgage. If suit is brought to collect the sums due under this Note, the Payee shall be entitled to collect all reasonable costs and expenses of suit, including, but not limited to, reasonable attorneys’ fees. Presentment, notice of dishonor and protest are hereby waived by all Borrower, sureties, guarantors and endorsers hereof. This Note shall be the joint and several obligation of all Borrower, sureties, guarantors and endorsers, and shall be binding upon them and their successors and assigns. Any subsequent holder of this Note shall have the same rights under this Note as Payee. Any notice to Borrower Xxxxxxxx provided for in this Note shall be given as set forth in Paragraph 14 of the Mortgage securing payment of this Note. This Note is governed by the Mortgage securing the same and the Regulatory and Land Use Restrictions Agreement executed on the same date as this Note and evidences money borrowed by Borrower for the Property. Property Address: XxxxxxUrbana, XX 00000 IL 61801 Borrower Borrower STATE OF ILLINOIS ) COUNTY OF CHAMPAIGN ) I, , a Notary Public in and for said county and state, do hereby certify that Personally known to me to be the same person(s) whose name(s) subscribed to the foregoing instrument, appeared before me this day in person, and acknowledged that signed and delivered the said instrument as free and voluntary act for the uses and purposes therein set forth. Given under my hand and official seal, this day of , 20 . Notary Public Common address: XxxxxxUrbana, XX 00000 IL 61801 PIN: Urban League Of Champaign County Development Homestead Corporation of Champaign-Urbana Affordable Six Homeownership Program‌ Program Quarterly Progress Report‌‌ Month: Completed By: Date I. Property & Planning II. Design Documents:

Filing and Recording Fees. Borrower shall pay all title insurance premiums, escrow charges, filing, registration or recording fees, and all expenses incident to the execution and acknowledgement of this Mortgage and all federal, state, county and municipal taxes and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution, delivery and performance of this Mortgage. By signing below, Borrower Xxxxxxxx accepts and agrees to be bound by the terms and covenants in this Mortgage. Borrower Borrower STATE OF ILLINOIS ) COUNTY OF CHAMPAIGN ) I, , a Notary Public in and for said county and state, do hereby certify that Personally known to me to be the same person(s) whose name(s) subscribed to the foregoing instrument, appeared before me this day in person, and acknowledged that signed and delivered the said instrument as free and voluntary act for the uses and purposes therein set forth. Given under my hand and official seal, this day of , 20 . Notary Public U.S. $ FOR VALUE RECEIVED, the undersigned (“Borrower”) covenants and promise(s) to pay to the order of the City of Urbana (the “Payee”), a unit of local government, the principal sum of and /100 One Hundred Two Thousand Forty One Dollars ($ $102,041), with interest in the amount of zero percent (0%). Absent the occurrence of either of the events set forth in clauses (i) or (ii) below (each, a “Recapture Event”), no principal payments shall be due or payable. On the first anniversary of the date of execution of this note and on each successive anniversary of said date of execution year thereafter until ten five (105) years after the date of this Note, Payee shall forgive the one ten fifth (1/101/5) of the initial amount of indebtedness from the principal balance of this Promissory Note. The period from the date of this Promissory Note to the date that is ten five (105) years after the date of this Note is referred to herein as the “Affordability Period”. Borrower Xxxxxxxx agrees to repay to the Payee, and the Payee shall have the right to accelerate payment of, the outstanding principal balance upon the earliest to occur, within the Affordability Period, of the following: (i) a default by the Borrower, beyond any applicable cure period, under the Mortgage, the Regulatory and Land Use Restriction Agreement or any other document evidencing or securing the Loan; or (ii) the sale, conveyance or transfer of ownership of the Property to a Buyer whose household income exceeds 80 percent that will not maintain the provisions of the median county income, provided, however, that if the Borrower is an individual, that no transfer to a spouse upon a dissolution of a marriage or to a surviving spouse upon the death of Borrower, as the case may be, shall be deemed to be a sale, conveyance or transfer for purposes of this subparagraphAffordability Period. The Payee may exercise the foregoing right to accelerate, regardless of any prior forbearance, in accordance with the terms of the Mortgage. If suit is brought to collect the sums due under this Note, the Payee shall be entitled to collect all reasonable costs and expenses of suit, including, but not limited to, reasonable attorneys’ fees. Presentment, notice of dishonor and protest are hereby waived by all Borrower, sureties, guarantors and endorsers hereof. This Note shall be the joint and several obligation of all Borrower, sureties, guarantors and endorsers, and shall be binding upon them and their successors and assigns. Any subsequent holder of this Note shall have the same rights under this Note as Payee. Any notice to Borrower Xxxxxxxx provided for in this Note shall be given as set forth in Paragraph 14 of the Mortgage securing payment of this Note. This Note is governed by the Mortgage securing the same and the Regulatory and Land Use Restrictions Agreement executed on the same date as this Note and evidences money borrowed by Borrower for the Property. Property Address: Xxxxxx302, XX 00000 304 and 000 Xxxx Xxxxxx Champaign, IL 61820 Borrower Borrower STATE OF ILLINOIS ) COUNTY OF CHAMPAIGN ) I, , a Notary Public in and for said county and state, do hereby certify that Personally known to me to be the same person(s) whose name(s) subscribed to the foregoing instrument, appeared before me this day in person, and acknowledged that signed and delivered the said instrument as free and voluntary act for the uses and purposes therein set forth. Given under my hand and official seal, this day of , 20 . Notary Public LEGAL DESCRIPTION: (To be determined) Common address: Xxxxxx000, 000 xxx 000 Xxxx Xxxxxx Xxxxxxxxx, XX 00000 PIN: Urban League Of Champaign County Development Corporation Affordable Six Homeownership Program‌ Month: Completed By: Date I. Property & Planning II. Design Documents(To be determined) (To be determined) to:

Filing and Recording Fees. Borrower shall pay all title insurance premiums, escrow charges, filing, registration or recording fees, and all expenses incident to the execution and acknowledgement of this Mortgage and all federal, state, county and municipal taxes and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution, delivery and performance of this Mortgage. By signing below, Borrower Xxxxxxxx accepts and agrees to be bound by the terms and covenants in this Mortgage. Borrower Borrower – < Name > City of Urbana Grants Management Division Attn: HOME Coordinator 000 Xxxxx Xxxx Xxxxxx Xxxxxx, Xxxxxxxx 00000 STATE OF ILLINOIS ) COUNTY OF CHAMPAIGN ) I, the undersigned, a Notary Public in and for said county and state, do hereby certify that Personally < Borrower Name > personally known to me to be the same person(s) whose name(s) is/are subscribed to the foregoing instrument, appeared before me this day in person, and acknowledged that they signed and delivered the said instrument as their free and voluntary act for the uses and purposes therein set forth. Given under my hand and official seal, this day of , 20 . Notary Public U.S. $ 20,000 FOR VALUE RECEIVED, the undersigned undersigned, <Borrower Name > , (“Borrower”) covenants and promise(s) to pay to the order of the City of Urbana (the “Payee”), a unit of local government, the principal sum of Twenty Thousand and /100 00/100 Dollars ($ 20,000.00), with interest in the amount of zero percent (0%) (“HOME Investment”). Absent If, during the occurrence of either Affordability Period, as defined in the Mortgage, the subject property is sold, the amount due and payable under the Note shall be a proportional share of the events net proceeds of the sale determined as set forth in clauses (i) or (ii) below (each, a “Recapture Event”), no principal payments shall be due or payablebelow. On For the first anniversary of the date of execution of this note and on each successive anniversary of said date of execution year thereafter until ten (10) years after the date purposes of this Note, Payee shall forgive the one ten net proceeds are defined as the sale price minus: (1/10a) (Sale in other than foreclosure proceeding) the amount of the initial loan repayment, other than the HOME Investment, the verified cost of any capital improvements made by the Borrower since purchase and reasonable closing costs, or (b) (Sale in foreclosure proceeding) the amount stated to be “surplus funds” as indicated in the “Report of Sale” filed with the Court. The net proceeds shall be divided proportionately as set forth in the following mathematical formulas: HOME Investment Recaptured HOME Investment HOME investment + Homeowner investment X Net Proceeds = Homeowner Investment X Net Proceeds = Amount to Homeowner HOME investment + Homeowner investment The amount due shall not exceed the total amount of indebtedness from the principal balance of this Promissory Noteoriginal HOME investment. The period from the date of this Promissory Note to the date that is ten (10) years after the date of this Note the execution of the sales contract for the property between Buyer and Urban League of Champaign County which is is referred to herein as the “Affordability Period”. Borrower This note will be forgiven in its full amount upon expiration of the Affordability Period. Xxxxxxxx agrees to repay to the Payee, and the Payee shall have the right to accelerate payment of, the outstanding principal balance upon the earliest to occur, within the Affordability Period, of the following: (i) a default by the Borrower, beyond any applicable cure period, under the Mortgage, the Regulatory and Land Use Restriction Agreement Mortgage or any other document evidencing or securing the Loan; or (ii) the sale, conveyance or transfer of ownership of the Property to a Buyer whose household income exceeds 80 percent of the median county incomeProperty, provided, however, that if the Borrower is an individual, that no transfer to a spouse upon a dissolution of a marriage or to a surviving spouse upon the death of BorrowerXxxxxxxx, as the case may be, shall be deemed to be a sale, conveyance or transfer for purposes of this subparagraph. The Payee may exercise the foregoing right to accelerate, regardless of any prior forbearance, in accordance with the terms of the Mortgage. If suit is brought to collect the sums due under this Note, the Payee shall be entitled to collect all reasonable costs and expenses of suit, including, but not limited to, reasonable attorneys’ fees. Presentment, notice of dishonor and protest are hereby waived by all Borrower, sureties, guarantors and endorsers hereof. This Note shall be the joint and several obligation of all BorrowerBorrowers, sureties, guarantors and endorsers, and shall be binding upon them and their successors and assigns. Any subsequent holder of this Note shall have the same rights under this Note as Payee. Any notice to Borrower Xxxxxxxx provided for in this Note shall be given as set forth in Paragraph 14 of the Mortgage securing payment of this Note. This Note is governed by the Mortgage securing the same and the Regulatory and Land Use Restrictions Agreement executed on the same date as this Note and evidences money borrowed by Borrower Xxxxxxxx for the Property. Property Address: Xxxxxx< Insert address , XX 00000 City, State > Borrower – < Borrower Name > STATE OF ILLINOIS ) COUNTY OF CHAMPAIGN ) I, the undersigned, a Notary Public in and for said county and state, do hereby certify that Personally < Borrower Name> personally known to me to be the same person(s) whose name(s) is/are subscribed to the foregoing instrument, appeared before me this day in person, and acknowledged that they signed and delivered the said instrument as their free and voluntary act for the uses and purposes therein set forth. Given under my hand and official seal, this day of , 20 2007. Notary Public Common addressFirst mortgage in the amount of $_<Amount of First Mortgage> with < Insert Name of First Mortgage Holder>. City of Urbana -Grants Management Division Attn: HOME Coordinator 000 Xxxxx Xxxx Xxxxxx Xxxxxx, XX Xxxxxxxx 00000 PIN(000) 000-0000 Sample Quarterly Report Required By the Urbana HOME Consortium FY 06/07 Circle the Quarter 1 2 3 4 Quarterly Report Agency Name: ompleted form to: @xxxx.xxxxxx.xx.xx Accomplishments: # of clients served duplicate? (circle y/n) estimated at application yes no actual served during this quarter yes no Please email c xxxxxxxxxxx RACE: # served Notes: American Indian/Alaskan Native Asian Black/African-American Native Hawaii/Oth. Pacific Islander White Am Indian/Alaskan Native & White Asian & White American Indian/Alaskan Native & Black African American Black/African American & White Other Multi-Racial Quarter: Due Date: # of clients of Hispanic ethnicity: July-Sept 10-Oct Oct-Dec 10-Jan INCOME: see chart or comment fields Jan-March 10-Apr Extremely Low Income (XXX) Notes: Apr-June 10-Jul Very Low Income (VLI) Low Income Moderate Income GENDER: Male: Female: Total served: FEMALE HEAD of HOUSEHOLD Yes: No: Total served: Unit Address: Name of Participant(s): Date of Unit purchase by ULCCDC: Date of Lease-Purchase Contract: Ethnicity(optional): Race: Hispanic (y/n): % MFI: Household Size: Type: Single, non-elderly Elderly Single parent Two parent Other Pre-purchase Post-purchase Both None No. Bedrooms Monthly Lease payment Amount of Funds contributed to purchase: ( amortized loan grant deferred payment loan other) (indicate source of Match: ) CFDA 14.239 Page 38 of 41 Urban League Of of Champaign County Development Corporation Affordable Six Homeownership Program‌ MonthAgreement No.: Completed By: Date I. Property & Planning II0607-UL02 Public reporting burden for this collection of information is estimated to average .50 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Design Documents:This information is voluntary. HUD may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB Control Number. Executive order 12421 dated July 14, 1983, directs the Minority Business Development Plans shall be developed by each Federal Agency and that these annual plans shall establish minority business development objectives. The information is used by HUD to monitor and evaluate MBE activities against the total program activity and the designated minority business enterprise (MBE) goals. The department requires the information to provide guidance and oversight for programs for the development of minority business enterprise concerning Minority Business Development. If the information is not collected HUD would not be able to establish meaningful MBE goals nor evaluate MBE performance against these goals. While no assurances of confidentiality is pledged to respondents, HUD generally discloses this data only in response to a Freedom of Information request.