F. Name & Address of Lender Seller 1217 Fort Branch Blvd. Austin, TX 78721

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1 File No A. Settlement Statement U.S. Department of Housing and Urban Development OMB No B. Type of Loan 1. FHA File Number 7. Loan Number 8. Mortgage Ins Case FmHA 3. Conv Unins Number 4. VA 5. Conv Ins. 6. Seller Finance C. Note: This form is furnished give you a statement of actual settlement costs. Amounts paid 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 tals. D. Name & Address of Borrower E. Name & Address of Seller F. Name & Address of Lender Buyer Seller 1217 Fort Branch Blvd. Austin, TX 78721, G. Property Location LINCOLN GARDENS NO 1, Block 2, Lot 25, TRAVIS County 1217 Forth Branch Blvd. Austin, TX J. Summary of Borrower's Transaction H. Settlement Agent Name Austin Title Company 1515 Capital of Texas Highway South Fifth Floor Austin, TX Tax ID: Place of Settlement Austin Title Company 3708 Spicewood Springs Rd., Suite 100 Austin, TX K. Summary of Seller's Transaction I. Settlement Date 08/26/2009 Fund: 08/27/ Gross Amount Due from Borrower 400. Gross Amount Due Seller 101. Contract Sales Price $63, Contract Sales Price $63, Personal Property 402. Personal Property 103. Settlement Charges borrower $2, Adjustments for items paid by seller in advance Adjustments for items paid by seller in advance 106. City property taxes 406. City property taxes 107. County property taxes 407. County property taxes 108. Annual assessments 408. Annual assessments 109. School property taxes 409. School property taxes 110. MUD taxes 410. MUD taxes 111. Taxes 411. Taxes

2 120. Gross Amount Due From Borrower $65, Gross Amount Due Seller $63, Amounts Paid By Or in Behalf Of Borrower 500. Reductions in Amount Due Seller 201. Deposit or earnest money 501. Excess Deposit 202. Principal amount of new loan(s) 502. Settlement Charges Seller (line 1400) 203. Existing loan(s) taken subject $60, Existing loan(s) taken subject $60, Loan Amount 2nd Lien 504. Payoff of first mortgage loan Payoff of second mortgage loan Taxes $1, Payoff AJ $ Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. City property taxes 510. City property taxes 211. County property taxes 511. County property taxes 212. Annual assessments 512. Annual assessments 213. School property taxes 513. School property taxes 214. MUD taxes 514. MUD taxes 215. Taxes 515. Taxes 216. Reimb buyer for modification $ Reimb buyer for modification $ Total Paid By/For Borrower $60, Total Reduction Amount Due Seller $63, Cash At Settlement From/To Borrower 600. Cash At Settlement To/From Seller 301. Gross Amount due from borrower (line 120) $65, Gross Amount due seller (line 420) $63, Less amounts paid by/for borrower (line 220) $60, Less reductions in amt. due seller (line 520) $63, Cash From Borrower $4, Cash To Seller $94.45 Section 5 of the Real Estate Settlement Section 4(a) of RESPA mandates that HUD develop and prescribe this standard form Procedures Act (RESPA) requires the be used at the time of loan settlement provide full disclosure of all charges following: HUD must develop a Special imposed upon the borrower and seller. These are third party disclosures that are Information Booklet help persons borrowing money finance the purchase of residential real estate better understand the nature and costs of real estate settlement services; Each lender must provide the booklet all applicants from whom it receives or for whom it prepares a written application borrow money finance the purchase of residential designed provide the borrower with pertinent information during the settlement process in order be a better shopper. The Public Reporting Burden for this collection of information is estimated average one hour 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. This agency may not collect this information, and you are not required complete this form, unless it displays a currently valid OMB control number. real estate; Lenders must prepare and The information requested does not lend itself confidentiality. distribute with the Booklet a Good Faith Estimate of the settlement costs that the borrower is likely incur in connection with the settlement. These disclosures are mandary.

3 Previous Editions are Obsolete Page 1 form HUD-1 (3/86) Handbook L. Settlement Charges 700. Total Sales/Broker's Commission based on price % = Paid From Paid From $0.00 Division of Commission (line 700) as follows: Borrower's Seller's 701. Funds at Funds at 702. Settlement Settlement 703. Commission Paid at Settlement $0.00 $0.00 The following 704. persons, firms or 705. corporations received a portion 706. of the real estate commission amount 707. shown above: 800. Items Payable in Connection with Loan 801. Loan Origination Fee % 802. Loan Discount % 803. Appraisal Fee 804. Credit Report 805. Lender's Inspection Fee 806. Mortgage Insurance Application 807. Assumption Fee 900. Items Required by Lender To Be Paid in Advance 901. Interest /day 902. Mortgage Ins Prem. for months 903. Hazard Ins Prem. for years 904. Flood Insurance Reserves Deposited With Lender Hazard insurance per month Mortgage insurance per month City property taxes per month County property taxes per month Annual assessments per month School property taxes per month MUD taxes per month Taxes per month Flood Insurance Aggregate Adjustment Title Charges Settlement or Closing Fee Abstract or Title Search

4 1103. Title Examination Title Insurance Binder Document Preparation Wilson, Sterling & Russell $ Notary Fees Atrney's Fees (includes above items numbers: ) Title Insurance Austin Title Company $ (includes above items numbers: ) Lender's coverage $0.00/$ Owner's coverage $63,447.34/$ Escrow Fees Austin Title Company $ State of Texas Policy Guaranty Fee Texas Title Insurance Guaranty Association Tax Certificates Texas Tax Company $ Restrictions Messenger / Express Mail Copies Government Recording and Transfer Charges Recording Fees Deed $24.00 Austin Title Company $45.50 ; Mortgage ; Releases $ City / County Tax / Stamps Deed ; Mortgage State Tax / Stamps Deed ; Mortgage Curative Rels Additional Settlement Charges Survey Pest inspection Loan Modification September Payment Austin Title Company $48.00 $ HSBC $ Total Settlement Charges (enter on lines 103, Section J and 502, Section K) $2, $5.00 $0.00 I have carefully reviewed the HUD-1 Settlement Statement and the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction. I further certify that I have received a completed copy of pages 1, 2 and 3 of this HUD-1 Settlement Statement. Buyer Seller CERTIFICATION OF SETTLEMENT AGENT

5 To the best of my knowledge, the HUD-1 Settlement Statement which I have prepared is a true and accurate account of the funds which were (i) received, or (ii) paid outside closing, and the funds received have been or will be disbursed by the undersigned as part of the settlement of this transaction. Settlement Agent Date Warning: It is a crime knowingly make false statements the United States on this or any other similar form. Penalties upon conviction can include a fine and imprisonment. For details see: Title 18 U.S. Code Section 1001 and Section Previous Editions are Obsolete Page 3 form HUD-1 (3/86) Handbook

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