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HomeMy WebLinkAbout8614 FERRIS ti 1 C ;r).aL.„a • 1 -v I LAjt !i Illinois Department of Revenue r_ �8. Office of Local Government Services, 3-520 7" m+ 101 West Jefferson Street \" " Springfield, Illinois 62702 Illinois Department of Revenue = "s'e docket no.: 03- 16-1681 Telephone: 217 785-2252 County reference no.: 94442 Non-homestead Property Tax Exemption Certificate (35 ILCS 200/8-35, 16-70, and 16-130) Property owner or applicant: VILLAGE OF MORTON GROVE County: Cook Property index number, legal description, or both: 10-20-111-003-0000 (1171 Based on the statement of facts and supporting documentation in the application, we hereby issue this certificate approving the exemption for 100% of the 2003 assessment year. For most exemptions, 35 ILCS 200/15-10 requires the filing of an annual affidavit or certificate of exempt status form with the chief county assessment officer on or before January 31 of each year. This form is available at the county assessment office. The Illinois Department of Revenue docket number shown above is your exemption certificate number. Refer to this number on the annual certificate of status form and in all future correspondence regarding this property. If you do not agree with this decision, you must send us a written request for a formal hearing within 60 days after the decision date show below. In your request, concisely state the mistakes alleged to have been made or the new evidence to be presented as required by 35 ILCS 200/8-35. Decision date: October 15, 2004 Illinois Department of Revenue Brian Hamer, director This is an important legal document and should be retained as part of your permanent records. PTAX-301-C (R-7/02) IL-492-1158 10-0000049 ,3 a` / Village of 8VIorton grove Office of the Corporation Counsel Telephone 847/965-4100x6228 Fax 847/965-4162 July 26, 2004 Dan Patlak Cook County Office of Board of Review County Building, Room 601 Chicago, IL 60602-1311 Re: RE: Application by the Village of Morton Grove, Illinois For Non-homestead Property Tax Exemption PIN No: 10-20-111-003-0000(117)0 Commonly know as: 8614 Ferris Avenue,Morton Grove. IL 60053 Dear Mr. Patlak: Pursuant to our recent telephone conversation, enclosed please find the following additional documents augmenting the application filed by the Village of Morton Grove on July 6, 2004, to exempt for a Non-homestead Property Tax Exemption for the above referenced property. 1. PTAX— 300, dated July 26,2004. 2. Additional photograph of site (original photograph was submitted with the July 6, 2004. application). 3. Copy of demolition permit for the site. 4. Affidavit of Use. Please note that with the Village's prior submission,the following documents were tendered. I. Photograph of site. 2. Copy of survey. c 3. Copy of deed. 7 Cook County Board of Review application. 5. Governmental petition. 6. Current tax bill. I appreciate the time and courtesy extended to me in explaining and requesting these additional documents. If further documentation or information is needed, do not hesitate to contact me. Sincerely; / 5� Teresa Hofn,ian Liston Corporation Counsel THUnik LegaVreal estate/Patlak let ref non-homestead Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove, Illinois 60053-2985 A Tel: (847) 965-4100 • TDD (847) 470-5249 • Fax: (847) 965-4162 �e Rec.Jed Paper Illinois Department of Revenue PTAX-300 Application for Non-homestead Property Tax Exemption — County Board of Review Statement of Facts Complaint no.: Volume no.: IDOR docket number: County use only IDOR use only Part 1: Identify the property 1 Cook 6 10-20-111-003-0000 (117) County in which property is located Parcel identifying number 2 Village of Morton Grove, Illinois t.Attacha copy of the property's legal description if the county Property owner has not assigned a number or if the property is a division. 3 8 614 Ferris 7 Dimensions or acreage of this property 25 x 104 . 5 Street address of property Morton Grove, IL 60053 8 October 28 , 2002 City ZIP Date of ownership 4 Village of Morotn Grove tAttachacon of proof of ownership(deed,contract for deed, Name of organization applying for the exemption(i.e.,°applicant") title insurance policy,condemnation order and proof of payment,etc.) 5 Yes X No Is the applicant on Line 4 the lessee of the property?If"Yes,"write the dates the lease is in effect. From N/A To N/A t.Attach a copy of the contract or lease. Part 2: Identify any previous exemptions or applications (Providing this Information will expedite processing.) 9 X Yes No Does the applicant have an Illinois sales tax exemption number? If Wes,"write the exemption number. E— 9 9 9 8 — 1 4 9 1 -04 10 Yes X No Has a previous application been filed for this property or by this applicant? If"Yes,"write the Illinois Department of Revenue docket number, if known. _ — — -_ Part 3: Identify the property's use 11 Identify the Illinois Compiled Statutes citation for this application. 35 ILLS 200/ 15/hO () Or _ILCS / 12 Yes X No Is any income derived from this property? If"Yes"explain in detail. Al, lf applicable, attach a cop of an contracts oy r leases. 13 X Yes _ No Does a unit of local government own this property? If"Yes,"is the property located within its corporate boundaries? X Yes _ No 14 Yes No If granting this application will reduce the property's assessed valuation by$100,000 or more, has the municipality, At Attach a copy school district, and community college district in which the property is located been notified that this application has of the notices been filed? and postal return receipts. 15 Describe the specific activities that take place on this property.Write the exact date each activity began and how frequently it takes place. Property is currently vacant. Prior building was demolished on 12/23/02 . 16N/AYes No Did the activities described on Line 15 begin on the same date as the effective date of the lease on Line 5 or the date of ownership on Line 8,whichever is applicable? If"No,"explain in detail how the property was used between the lease or ownership date and the date these activities began. N/A 17 Identify each building's use, square feet of ground area(SFGA), number of stories, and whether or not there is a basement. Use SFGA No.of stories Basement?(Y)N) Building 1 N/A Building 2 N/A Building 3 N/A This form is authorized as outlined by the Illinois Compiled Statutes,35 ILCS 200/15-5,16-70,and 16-130.Disclosure PTAX-300 front(R-3/03) i of this information is REQUIRED.This form has been approved by the Forms Management Center. IL-492-1157 - _ - a- trir st In a f 411_2: ims.angift, = f 0 4-2 | ^ APPROVED BUILDING PERMIT DEPARTMENT OF BUILDINGS Village Of Morton Grove 6101 Capulina PERMIT #: 033311 Date Filed : 12/19/02 Morton Grove IL 60053 Approval has been given to a building permit for a: DEMOLITION - Type : 29 Dsszr1pticn : DEMO ONE STORY COMMERCIAL BUILDING Model : Zoned; C-1-RETAIL COMMERCIAL Construction : 07-TYPE 3B - UNPROTECTED ORDINARY Stories : 1 # Units : 0 Area: 0 sq. ft Bedrooms : 0 Value of Permit Work : $0 at : 6614 FERRIS AV, Morton Grove, Illinois Street Code # : 2790 Bldg 4: 8614 Unit #: This Lot 4 : J block #: 1 Subdivision : 8INGHAM & FERNALD' S MORTON GROVE which is Permanent Index #: 10-20-111-003-0000 If corrections are required MAIL info/ mation to ; VILLAGE OF MORTON GROVE Telephone : 847-965-4100 6101 CAPULlNA AVE MORTON GROVE, IL 60053 The Owner: , VILLA8E CF MORTON 8ROVE Tel 347-446-4623 6101 CAPCLINA AVE nORTC% GROVE IL 630'3 has certified that all subwitt. ed information is correct and agrees to perform construction in strict zoaPliance all provisians of the Zoning Ordinance and 3uilding Regulations of the Village Of Morton Grove Code and has further certified that arrangements will be made for adequate protection against interference with underground public utilities by calling TOLL FREE 1-800-392-3123 48 hciurs befars digging. -----=---------��---------------------------��=�=���=�======----,- INSPECTIONS REQUIRED The following inspections will be made. Some of these inspections will be combined. The applicant is required to request these inspections at least eight (3) working hours in advance and he or his authorized agent must be in attenJane. Se1 : Type : Det. Unit Insp Date Ins# Result 01 27-DEMOLITION 001 12/23/02 01 APPROVED •o2 29-JOB CHECK 02 30-OTHER ____ 03 31-FINALIZE PERMIT 001 12/23/02 01 APPROVED SUBMISSIONS p.EaU'RED appl |cetiso accuupanied Dy �he following : Type : Cate : SuLmitted . Change sent : Change RecJ : NO Submissions are required It� Village of oVlorton grove sti., ail • Office of the Corporation Counsel • Telephone 847/965-4100x6228 Fax 847/965-4162 July 26, 2004 Cook County Board of Review 118 N. Clark Street Chicago, Illinois 60602 Illinois Department of Revenue Office of Local Government Service Exemption Section 3-520 101 W. Jefferson Street Springfield, IL 62702 RE: Application by the Village of Morton Grove, Illinois For Non-homestead Property Tax Exemption PLN No: 10-20-111-003-0000 (117) Commonly know as: 8614 Ferris Avenue, Morton Grove, IL 60053 AFFIDAVIT OF USE State of Illinois ) ) SS County of Cook ) Teresa Hoffman Liston being duly disposed and sworn on oath and states as follows: 1. I am the Corporation Counsel for the Village of Morton Grove, Illinois, and I have investigated the facts surrounding the above referenced application and have personal knowledge of said facts. 2. The property in question was purchased by the Village of Morton Grove on October 28, 2002. At the time the property was purchased there was a residential building on the site. 3. The Village of Morton Grove demolished the site on 12/23/02. Prior to the demolition, the property was vacant. Currently the property remains vacant and is being held by the Village for future use or development. Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove, Illinois 60053-2985 an Tel: (847) 965-4100 • TDD (847) 470-5249 • Fax: (847) 965-4162 ill Recd Jed Paper Further affia t sayeth not. di %/ L-- Teresa Hof m. Liston Corporation Counsel Village of Morton Grove 6101 Capulina Morton Grove, IL 60053 Subscribed and sworn before me this rih1/i day of 9A./t,2�� f OFFICIAL SEAL SUSAN uTTAMZI A1t1 NOTARY PUOLIC,KATE as ILLINOIS Notary : blic MY OOMIS:WON ERHIIIILW1 • My Com on expires: 5-/5-05 • EXEMPTION DOCUMENTATION ORDER (Governmental) s' Cook County Board of Review Application (B.R.Form REF.#7) ,o✓ Illinois Department of Revenue Form PTAX— 300 use for Non-Homestead Property Tax Exemption (R-3/03) PTAX - 300—FS use for Federal/State Agency Property Tax Exemption(N-3/93) ❑ Specific Affidavit of Use: Reference the Property address and Permanent Index Number Detail what governmental activity took place on the property during the tax year in which the exemption is being sought. Statement must be an original signed and notarized document 4/Governmental Petition (Ea.5)must have original signature and notarized ca/Recorded Deed / Lease / Leasehold ❑ Income Leases, if applicable Li/Current Tax Bills for each Permanent Index Number ❑ Photographs Original photos of the exterior and interior of the property— Photos must be affix to 8% by 11 paper two photos per page BOR USE ONLY q/Plat of Survey 9if9 Z K'ACH APPLICATION MUST CONTAIN TWO (2) SETS OF D,Q,CUMENTATION =tom THi DOC • - TS 4 r S ; ' IN THE ABOVE ORDER 'I DATE: 7 I 6 y Revised 09/03 SIGNED: _"-o� It-Jo-I1i -&o3 /y vh g4%1 Village of Morton Grove CHECK REQUEST FORM TO: Finance Department DATE:10-13-04 FROM: Steven Drazner ' FCEIVED REQUEST FOR: x_CHECK IN THE AMOUNT OF $3,593.38 IT 1 3 2004 _EARLY PAYROLL CHECK °1 Ity;ul Morton Grove NEEDED BY: _X_NEXT WARRANT LISTING or (OTHER DATE-EXPLAIN BELOW UNDER'ADDITIONAL COMMENTS') MAKE PAYABLE TO: Finance Department Use Only County Treasurer PO Box 802448 Vendor# Chicago, IL 60680 Check # Date DESCRIPTION:2003 2nd installment 8614 Ferris Amount )-'):3 ADDITIONAL COMMENTS: Paid From ;` Account Distribution: CHECK DISPOSITION: Account# Amount RETURN TO: 151079-552111 $3,593.38 Steven Drazner _MAIL TO PAYEE REQUESTED BY: APPROVED BY (SIGNATURE) 2 (SIGNATURE) FINANCE DEPARTMENT AUTHORIZATION VILLAGE ADMINISTRATOR AUTHORIZATION lG %j /7/14 (SIIGGNATURi& ) (SIGNATURE & DATE) PAY ONLY THIS AMOUNT 2003 Second Installment Property Tax Bill • • s ' e • Property Index Number(PIN) Volume code Tax Tear (Payable In) Township BY11/15/2004(on time) 10-20-111-003-0000 117 24062 2003 (2004) NILES IF PAID LATE 11/102004-12(152004 IF PAID LATE 12!16/2084- 1/5/2005 BY STATE LAW, $ 3,647.28 $ 3,701 .18 u7EPENALTY TAX CRLCULRTOR X 101.5%PER MONTH. m THANK YOU FOR YOUR FIRST INSTALLMENT PAYMENT OF: m $ 3,198.77 ON 07-14-04 2002 Assessed Value • THIS TAX BILL MAY BE USED TO PAY AT ANY LASALLE BANK THROUGH 1/15/2005. 47 .442 C • rr, r r r T M M 2003 Assessed Value Taxing District 2003 Tax 2003 Rate Pension 2002 Tax 2082 Rate = 34.056 2003 State Equalization Factor O SUBURBAN T B SANITARIUM 3.35 0.004 5.55 0.006 X 2.4598 M N SUBURB MASS TRANSIT 01ST 0.00 0.000 0.00 0.000 2003 Equalized Assessed Value(Eav). -I N SHORE MOSQUITO ABATELENT 7.54 0.009 8.32 0.009 = 83,771 WATER RECLAWTI ON DI ST 302.41 0.361 19.26 343.14 0.371 2003 Local Tax Rate O _...-- MORTON GROVE PARK DUST _--318.33 .._._O.380 25.96._ _ . -. _348.69_'.. IL -_ _.__ X Z OAKTON COLLEGE DISTRICT 155.81 0.186 2.51 185.56 0.179 8. 108% HIGH SCHOOL DISTRICT 219 1,750.81 2.090 5.02 1,642.62 1.776 2003 TotaLTax Before Exemptions SCHOOL DISTRICT 70 2,434.39 2.906 47.74 1,901.59 2.056 6'782' 15 0 FEHRIS&LS1I(Vt TIF DISTRICT 0.00 0.000 0.00 0.000 Homeowner's Exemption MORTON GROVE LIBRARY FUND 278.96 0.333 11.72 304.29 0.329 VILLAGE OF MORTON GROVE 908.92 1.085 136.54 949.87 1.027 Senior Citizen Exemption -< ROAD A BRIDGE NILES 0.00 0.000 0.00 .000 - .00 Q AND 0 N I LES GENERAL ASSISTANCE 2.51 0.003 2.77 0.003 Senior Assessment Freeze Exemption C TORN OF NILES 27.64 0.033 30.52 0.033 M FOREST PRESERVE DISTRICT 49.42 0.059 2.51 56.42 0.061 CONSOLIDATE) ELECTIONS 24.29 0.029 0.00 0.000 COUNTY OF COOK 409.65 0.489 125.65 493.91 0.534 in COOK COUNTY HEALTH FACI L. 118.12 0.141 144.28 0.156 2003 Total Tax After.Ezem 15 n = 6,792.15 O (DO NOT PAY THESE TOTALS) 6,792.15 8.108 6,397.53 6.917 First Installment(Due 3102/2004) al 3,198.77 v Second Installment(Due 11/15/2004) + 3,593.38 0 Total 2003 Tax(Payable In 2004) = 6,792. 15 VLG OF MORTON GROVE 6101 CAPAL INA AVE MORTON GROVE I L IF YOUR MORTGAGE COMPANY PAYS YOUR TAXES FROM ESCROW, DO NOT DOUBLE-PAY YOUR TAXES. PAYMENT COUPON See the back side of this bill for detailed payment instructions. Property Index Number(PIN) Volume Pym 10-20-111 -003-0000 117 3,593.38 Please include only one check and one coupon per envelope. Use of this coupon authorizes Treasurer's Office to reduce BY 11/15/2004 (on time) amount to prevent overpayment. Amount Paid After 11/15/04,refer to late amounts above. ❑ Include name,PIN,address,location,phone and <<< Name/Address Change?Check box and complete form on back to update your name and/or mailing address, email on check payable to Cook County Treasurer. 00003593386 102011100300007 00320 00003647287 00003701183 00003755080 1111111111111111110 I N�1111� IN11�1 124417 COOK COUNTY TREASURER VLG OF MORTON GROVE PO BOX 802448 OR CURRENT CHICAGO IL 60680-2448 6101 CAPALINA AVE IlII.IIImilullalall 1.11111161 11161IuIlHuII MORTON GROVE IL 60053-2902 111101110111101,1011101111111011 1 111 11111111 10201110030000/0/03/F/0000359338/2 Four ways to pay n MORTGAGE � a Visit www.cookcountytreasurer.com through the due date If your taxes are paid from a mortgage escrow account, (on the front of this bill), and go to "Online Payment" to ask your lender to make sure it pays on the correct PIN. pay from your checking or savings account. Verify the PIN on your deed. NOTE: This is the only authorized online payment system. ff you pay with a check T."MI� LL Please include the following information on your check: Mail one check and one original payment coupon per >Name >Property Index Number(PIN) envelope. Never mail cash. Your canceled check is >Phone Number >Property Location, your receipt. >Address including unit number >Email Address, if available > Do not staple,paperclip,glue, tape, or fold coupon or check. > Only U.S.postmarks,not metered dates,prove timely payment. avramW a PIN 12-34-567-890-1234 0000 123 123 Elm St:M rontu n a6aaoo Fk31z-sss-lzf2 c OCT 20,2004 QID't.AS`A LE BAr11C iptaxpayererdaucorn xxrxx.or Through the date printed on your bill, you may present an Cook Court&Treasurer original payment coupon and payment at any LaSalle Bank. Thousand«,hundred a- & oo dy„ a,..��oNm�mo There is no fee. 2003-2nd Installment 5f la grea- me"' Please submit one check per PIN, whether by mail or in person. Questions? Cook County Treasurer Cook County Clerk www.cookcountytreasurer.com 1 312.443.5100 312.603.5656 Payments,tax balances,and overpayment refunds. Local tax rates,past years' delinquencies, and redemption procedures. Use either our Web site or our 24-hour automated phone service to: Illinois Department of Revenue > find your current-year balance and Circuit Breaker Program the last payment received. 800.624.2459 > check to see if you are entitled to a tax refund. Property tax relief for qualifying disabled and > print property tax forms at your home or office. senior citizen taxpayers. Cook County Assessor City of Chicago www.cookcountyassessor.com 1 312.443.7550 Chicago Homeowner Assistance Program (CHAP) Exemptions, assessments, calculations, and appeals. 312244.1000 Low-interest loans to offset large reassessment increases. To update the mailing name and/or address, check the box on the front of this coupon and complete this form. Upon oath and under penalty of perjury,I hereby certify to the Office of the Cook County Treasurer that I have the legal authority to execute this instrument as the owner,recent owner or for the owner of the property NAME(Do not exceed the spaces on this torn.) on the reverse side of this coupon. MAILING ADDRESS Qndude Unrt Number,rl needed) Signature of applicant Date Printed name of applicant cm ; + ,,, Valid only if notarized—if submitted by mail. STATE MP+6 („ i) _ Signature of Notary PHONE(Include area code) Notary:State of County of My commission expires E-MAIL k - - \ � Ao IIII1 .I1III4 * s � 8a. 3 A g z 04T . t I t, I, Y !y 0 C� \/ y O Vq g LP", Q IL} - 33 Z' A 1, 1€11 m O g v N. N O ° d N 4- W m o a .. to be°° m K -d _� .2 p' • tea‘. W• G .5 .=••• 5 P O a, .", § .a7 ° 0v 1 8 A 3 a .2, ao W ^" ei CO v in O L-- ad of d -1 mi co ... 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IAHV~:3SV'3Id JTLWI .LNO3 O I-I ammo seat*im313d_NI 3JNVH9 ]i11 W UO - i0UVr11I1OSb303 NOISL%J(I V .41 . 1 Mp w pa(stl am hag)*gages xul Ao drill£pazaptsa03 aq uea otilt(taxa AN S*OIi �tyalob( isaei IMidwaxa in t Pam lad q ,1O3apaaea e lao;pang tpaauoa aq!spat(Li-Tway LIMO;n quidysoi matt a1dUeo4 Pis ' L •I I! w ! ' - - •- lmuldwoa gel pap gns a l Tet)uisluasmoop 2amoRol,0$maw% o p ms at tpm lumtdtainj uondwaxa anpa teat e t elm ' � =a --mates s11(lase°agl-ut sre3*woe Jo'luatiiels a$rdwoa PuoIP13 E Jo luawwdac ail 01 pzemio3 N!!!183lAa1I16 IWeOH atu. -akuaeali 3P utoulosiag smarm alp AWpaAoldde Plan ihui3 sou st bias/mu Jo ag .10*!%1301,!.al(J •suotl!Puoa nttpiaa zaPan stoull P.a11S 0 Elt zaPun*Pima st uotlwaxa mata 3 e°Bmuma V X 4 W ,I ti '4=111! a1 ( 1 A/T1 ICi' :U + .4o o n#-taio aai. , i 310.0b - It t ,86Iy re nS ISSUING OFFICE: CHICAGO TITLE INSURANCE COMPANY 8501 W. HIGGINS RD. #420 CHICAGO, IL 60631 PARK RIDGE (773)399-1200 GABRIELE S. BERRAFATO 71-5234 8720 FERRIS AVENUE MORTON GROVE, ILLINOIS 60053 GABRIELE S. BERRAFATO CTI ORDER NO. : 1409 008051174 PK YOUR REFERENCE: VILLAGE OF MORTON GROVE i CLEAD CAR CHICAGO TITLE INSURANCE COMPANY OWNER'S POLICY (1992) SCHEDULE A POLICY NO. : 1409 008051174 PK DATE OF POLICY: NOVEMBER 20, 2002 AMOUNT OF INSURANCE: $140,000.00 1. NAME OF INSURED: VILLAGE OF MORTON GROVE 2. THE ESTATE OR INTEREST IN THE LAND AND WHICH IS COVERED BY THIS POLICY IS A FEE SIMPLE, UNLESS OTHERWISE NOTED. 3 . TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS VESTED IN: THE INSURED. 4 . THE LAND HEREIN DESCRIBED IS ENCUMBERED BY THE FOLLOWING MORTGAGE OR TRUST DEED AND ASSIGNMENTS: NONE AND THE MORTGAGES OR TRUST DEEDS, IF ANY, SHOWN IN SCHEDULE B HEREOF. THIS POLICY VALID ONLY IF SCHEDULE B IS ATTACHED. OPOIA192 CAR 01/21/03 09:51:49 CHICAGO TITLE INSURANCE COMPANY OWNER'S POLICY (1992) SCHEDULE A (CONTINUED) POLICY NO. : 1409 008051174 PK 5. THE LAND REFERRED TO IN THIS POLICY IS DESCRIBED AS FOLLOWS: LOT 3 IN BLOCK 1 IN BINGHAM AND FERNALD'S MORTON GROVE SUBDIVISION A SUBDIVISION OF PART OF LOT 40 OF COUNTY CLERICS DIVISION OF SECTION 20 AND THE EAST 1/2 OF THE NORTHEAST 1/4 OF SECTION 19, TOWNSHIP 41 NORTH, RANGE 13 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS THIS POLICY VALID ONLY IF SCHEDULE B IS ATTACHED. OPLAIS)2 CAR 01/21/03 09:51:50 CHICAGO TITLE INSURANCE COMPANY OWNER'S POLICY (1992) SCHEDULE B 1409 008051174 PK NOTWITHSTANDING THE PROVISIONS OF THE CONDITIONS AND STIPULATIONS OF THIS POLICY, ALL ENDORSEMENTS, IF ANY, ATTACHED HERETO ARE VALID DESPITE THE LACK OF SIGNATURE BY EITHER THE PRESIDENT, A VICE PRESIDENT, THE SECRETARY, AN ASSISTANT SECRETARY, OR VALIDATING OFFICER OR AUTHORIZED SIGNATORY OF THE COMPANY. EXCEPTIONS FROM COVERAGE THIS POLICY DOES NOT INSURE AGAINST LOSS OR DAMAGE SUSTAINED BY THE INSURED (AND THE COMPANY WILL NOT PAY COSTS, ATTORNEY'S FEES OR EXPENSES) BY REASON OF THE FOLLOWING EXCEPTIONS: GENERAL EXCEPTIONS: (1) RIGHTS OR CLAIMS OF PARTIES IN POSSESSION NOT SHOWN BY PUBLIC RECORDS. (2) ENCROACHMENTS, OVERLAPS, BOUNDARY LINE DISPUTES, OR OTHER MATTERS WHICH WOULD BE DISCLOSED BY AN ACCURATE SURVEY AND INSPECTION OF THE PREMISES. (3) EASEMENTS, OR CLAIMS OF EASEMENTS, NOT SHOWN BY THE PUBLIC RECORDS. (4) ANY LIEN, OR RIGHT TO A LIEN, FOR SERVICES, LABOR OR MATERIAL HERETOFORE OR HEREAFTER FURNISHED, IMPOSED BY LAW AND NOT SHOWN BY THE PUBLIC RECORDS. (5) TAXES OR SPECIAL ASSESSMENTS WHICH ARE NOT SHOWN AS EXISTING LIENS BY THE PUBLIC RECORDS. SPECIAL EXCEPTIONS: THE MORTGAGE, IF ANY, REFERRED TO IN ITEM 4 OF SCHEDULE A. A 6. 1. TAXES FOR THE YEAR(S) 2001 & 2002 2002 TAXES ARE NOT YET DUE OR PAYABLE. 1A. NOTE: 2001 FIRST INSTALLMENT PAID NOTE: 2001 FINAL INSTALLMENT NOT YET DUE OR PAYABLE PERM TAX# PCL YEAR 1ST INST STAT 10-20-111-003-0000 1 OF 1 2001 $2,893 .34 PAID G 7. EXISTING UNRECORDED LEASES AND ALL RIGHTS THEREUNDER OF THE LESSEES AND OF ANY PERSON OR PARTY CLAIMING BY, THROUGH OR UNDER THE LESSEES. OPOLB192 CAR 01/21/03 09:51:50 CHICAGO TITLE INSURANCE COMPANY POLICY SIGNATURE PAGE POLICY NO. : 1409 008051174 PK THIS POLICY SHALL NOT BE VALID OR BINDING UNTIL SIGNED BY AN AUTHORIZED SIGNATORY. CHICAGO III'LE INSURANCE COMPANY BY L-t)(M^ L AUTHORIZED 4NA O Y POISIGPG CAR 01/21/03 09:51: 50 ENDORSEMENT ATTACHED TO AND FORMING A PART OF POLICY NUMBER 1401 880000066 D1 ISSUED BY CHICAGO TITLE INSURANCE COMPANY LEGAL DESCRIPTION EQUIVALENCY ENDORSEMENT THE COMPANY HEREBY INSURES THE INSURED AGAINST LOSS OR DAMAGE WHICH THE INSURED SHALL SUSTAIN IN THE EVENT THAT: THE LAND DESCRIBED IN THAT SURVEY BY R.E. DECKER DATED JANUARY 14, 2002 AND FURTHER IDENTIFIED AS ORDER NUMBER 03-1804 IS NOT LEGALLY IDENTICAL WITH THE LAND DESCRIBED IN SCHEDULE A, DESPITE DIFFERENCES IN THE LANGUAGE EMPLOYED IN THE DESCRIPTIONS OF THE LAND. THIS ENDORSEMENT IS MADE A PART OF THE POLICY AND IS SUBJECT TO ALL OF THE TERMS AND PROVISIONS THEREOF AND OF ANY PRIOR ENDORSEMENTS THERETO. EXCEPT TO THE EXTENT EXPRESSLY STATED, IT NEITHER MODIFIES ANY OF THE TERMS AND PROVISIONS OF THE POLICY AND ANY PRIOR ENDORSEMENTS, NOR DOES IT EXTEND THE EFFECTIVE DATE OF THE POLICY AND ANY PRIOR ENDORSEMENTS, NOR DOES IT INCREASE THE FACE AMOUNT THEREOF. ENDIPG JF2 AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY (10-17-92) CHICAGO TITLE INSURANCE COMPANY TIN SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULNrIONS, CHICAGO TITLE INSURANCE COMPANY, a Missouri corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the Amount of Insurance stated in Schedule A, sustained or incurred by the insured by reason of: 1. Title to the estate or interest described in Schedule A being vested other than as stated therein; 2. Any defect in or lien or encumbrance on the title; 3. Unmarketability of the title; 4. Lack of a right of access to and from the land. The Company will also pity the costs, attorneys' fees and expenses incurred in defense of the title, as insured, but 13 only to the extent provided in the Conditions and Stipulations. In Witness Whereof, CHICAGO TITLE INSURANCE COMPANY has caused this policy to be signed and seated as of Date of Polley shown in Schedule A, the policy to become valid when countersigned by an authorized signatory. Issued by: CHICAGO TITLE INSURANCE COMPANY CHICAGO TITLE INSURANCE COMPA NY 8707 SKOKIE BOULEVARD x SKOKIE, ILLINOIS 60077 By: (847) 677-3410 By ATNEST Reorder Form No. 8251, (Repinnicd 10100) AITA Owner's Policy (W-17-92) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses which arise by reason of: 1. (a) Any law, ordinance or governmental regulation (including but not limited to building and zoning laws, ordinances, or regulations) restricting, regulating, prohibiting or relating to (i) the occupancy, use, or enjoyment of the land; (ii) the character, dimensions or location of any improvement now or hereafter erected on the land; (fit) a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part; or (iv) environmental protection, or the effect of any violation of these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. (b) Any governmental police power not excluded by (a) above, except to the extent that a notice of the exercise thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. 2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy, but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge. 3. Defects, liens, encumbrances, adverse claims or other matters: (a) created, suffered, assumed or agreed to by the insured claimant; (b) not known to the Company, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the estate or interest insured by this policy. 4. Any claim, which arises out of the transaction vesting in the Insured the estate or interest insured by this policy, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that is based on: (1) the transaction creating the estate or interest insured by this policy being deemed a fraudulent conveyance or fraudulent transfer; or (ii) the transaction creating the estate or interest insured by this policy being deemed a preferential transfer except where the preferential transfer results from the failure: (a) to timely record the instrument of transfer; or (b) of such recordation to impart notice to a purchaser for value or a judgment of lien creditor. CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS The following terms when used in this policy mean: (a) "insured ": the insured named in Schedule A, and, subject to any rights or defenses the Company would have had against the named insured, those who succeed to the interest of the named insured by operation of law as distinguished from purchase including, but not limited to, heirs, distributees, devisees, survivors, personal representatives, next of kin, or corporate or fiduciary successors. (b) "insured claimant ": an insured claiming loss or damage. (c) "knowledge" or "known": actual knowledge, not constructive knowl- edge or notice which may be imputed to an insured by reason of the public records as defined in this policy or any other records which impart construc- tive notice of matters affecting the land. (d) "land ": the land described or referred to in Schedule A, and improve- ments affixed thereto which by law constitute real property. The term "land" does not include any property beyond the lines of the area described or referred to in Schedule A, nor any right, title, interest, estate or easement in abutting streets, roads, avenues, alleys, lanes, ways or waterways, but noth- ing herein shall modify or limit the extent to which a right of access to and from the land is insured by this policy. (e) "mortgage ": mortgage, deed of trust, trust deed, or other security instrument. (f) "public records ": records established under state statutes at Date of Policy for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without knowledge. With respect to Section 1(a)(iv) of the Exclusions From Coverage, "public records" shall also include environmental protection liens filed in the records of the clerk of the United States district court for the district in which the land is located. (g) "unmarkelability of the title ": an alleged or apparent matter affecting the title to the land, not excluded or excepted from coverage, which would entitle a purchaser of the estate or interest described in Schedule A to be released from the obligation to purchase by virtue of a contractual condition requiring the delivery of marketable title. 2. CONTINUATION OF INSURANCE AFTER CONVEYANCE OF TITLE The coverage of this policy shall continue in force as of Date of Policy in favor of an insured only so long as the insured retains an estate or interest in the land, or holds an indebtedness secured by a purchase money mortgage given . by a purchaser from the insured, or only so long as the insured shall have liability by reason of covenants of warranty made by the insured in any transferor conveyance of the estate or interest. This policy shall not continue in force in favor of any purchaser from the insured of either (i) an estate or interest in the land, or (ii) an indebtedness secured by a purchase money mortgage given to the insured. 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT The insured shall notify the Company promptly in writing (i) in case of any litigation as set forth in Section 4(a) below, (ii) in case knowledge shall come to an insured hereunder of any claim of title or interest which is adverse to the title to the estate or interest, as insured, and which might cause loss or dam- age for which the Company may be liable by vi rtue of this policy, or (iii) if title to the estate or interest, as insured, is rejected as unmarketable. If prompt notice shall not be given to the Company, then as to the insured all liability of the Company shall terminate with regard to the matter or matters for which prompt notice is required; provided, however, that failure to notify the Company shall in no case prejudice the rights of any insured under this policy unless the Company shall be prejudiced by the failure and then only to the extent of the prejudice. 4. DEFENSE AND PROSECUTION OF ACTIONS; DUTY OF INSURED CLAIMAN "r TO COOPERATE (a) Upon written request by the insured and subject to the options con- tained in Section 6 of these Conditions and Stipulations, the Company, at its own cost and without unreasonable delay, shall provide for the defense of an insured in litigation in which any third party asserts a claim adverse to the title or interest as insured, but only as to those stated causes of action alleging a defect, lien or encumbrance or other matter insured against by this policy. The Company shall have the right to select counsel of its choice (subject to the right of the insured to object for reasonable cause) to represent the insured as to those stated causes of action and shall not be liable for and will not pay the fees of any other counsel. The Company will not pay any fees, costs or expenses incurred by the insured in the defense of those causes of action which allege matters not insured against by this policy. (b) The Company shall have the right, at its own cost, to institute and prosecute any action or proceeding or to do any other act which in its opinion may be necessary or desirable to establish the title to the estate or interest, as insured, or to prevent or reduce loss or damage to the insured. The Company may take any appropriate action under the terms of this policy, whether or not it shall be liable hereunder, and shall not thereby concede liability or waive any provision of this policy. If the Company shall exercise its rights under this paragraph- it shall do so diligently. (c) Whenever the Company shall have brought an action or interposed a defense as required or permitted by the provisions of this policy, the Company may pursue any litigation to final determination by a court of competent juris- diction and expressly reserves the right, in its sole discretion, to appeal from any adverse judgment or order. (d) In all cases where this policy permits or requires the Company to prose- cute or provide for the defense of any action or proceeding, the insured shall secure to the Company the right to so prosecute or provide defense in the action or proceeding, and all appeals therein, and permit the Company to use, at its option, the name of the insured for this purpose. Wherever requested by the Company, the insured, at the Company's expense, shall give the Company all reasonable aid (i) in any action or proceeding, securing evidence, obtaining witnesses, prosecuting or defending the action or pro- ceeding, or effecting settlement, and (ii) in any other lawful act which in the opinion of the Company may be necessary or desirable to establish the title to the estate or interest as insured. If the Company is prejudiced by the failure of the insured to furnish the required cooperation, the Company's obligations to the insured under the policy shall terminate, including any liability or obliga- tion to defend, prosecute, or continue any litigation, with regard to the matter or matters requiring such cooperation. 5. PROOF OF LOSS OR DAMAGE - In addition to and afterthe notices required under Section 3 of these Condi- tions and Stipulations have been provided the Company, a proof of loss or damage signed and sworn to by the insured claimant shall be furnished to the Company within 90 days after the insured claimant shall ascertain the facts giving rise to the loss or damage. The proof of loss or damage shall describe the defect in, or lien or encumbrance on the title, or other matter insured against by this policy which constitutes the basis of loss or damage and shall state, to the extent possible, the basis of calculating the amount of the loss or damage. If the Company is prejudiced by the failure of the insured claimant to provide the required proof of loss or damage, the Company's obligations to the insured under the policy shall terminate, including any liability or obliga- tion to defend, prosecute, or continue any litigation, with regard to the matter or matters requiring such proof of loss or damage. In addition, the insured claimant may reasonably be required to submit to examination under oath by any authorized representative of the Company and shall produce for examination, inspection and copying, at such reason- able times and places as may be designated by any authorized representative of the Company, all records, books, ledgers, checks, correspondence and memoranda, whether bearing a date before or after Date of Policy, which reasonably pertain to the loss or damage. Further, if requested by any autho- rized representative of the Company, the insured claimant shall grant its permission, in writing, for any authorized representative of the Company to examine, inspect and copy all records, books, ledgers, checks, correspon- dence and memoranda in the custody or control of a third party, which reason ably pertain to the loss or damage. Ail information designated as confidential by the insured claimant provided to the Company pursuant to this Section shall not be disclosed to others unless, in the reasonable judgment of the Company, it is necessary in the administration of the claim. Failure of the insured claimant to submit for examination under oath, produce other reason- ably requested information or grant permission to secure reasonably neces- sary information frorn third parties as required in this paragraph shall termi- nate any liability of the Company under this policy as to that claim. 6. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; TERMINATION OF LIABILITY In case of a claim under this policy, the Company shall have the following additional options: (a) To Pay or Tender Payment of the Amount of Insurance. To pay or tender payment of the amount of insurance under this policy together with any costs, attorneys' fees and expenses incurred by the insured claimant, which were authorized by the Company, up to the time of payment or tender of payment and which the Company is obligated to pay. Upon the exercise by the Company of this option, all liability and obligations to the insured under this policy, other than to make the payment required, shall terminate, including any liability or obligation to defend, prosecute, or con- tinue any litigation, and the policy shall be surrendered to the Company for cancellation. (b) To Pay or Otherwise Settle With Parties Other than the Insured or With the Insured Claimant. (i) to pay or otherwise settle with other parties for or in the name of an insured claimant any claim insured against under this policy, together with any costs, attorneys' fees and expenses incurred by the insured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay; or (ii) to payer otherwise settle with the insured claimant the loss or damage provided for under this policy, together with any costs, attorneys' fees and expenses incurred by the insured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay. Upon the exercise by the Company of either of the options provided for in paragraphs (b)(i) or (ii), the Company's obligations to the insured under this policy for the claimed loss or damage, other than the payments required to be made, shall terminate, including any liability or obligation to defend, prose- cute or continue any litigation. 7. DETERMINATION, EXTENT OF LIABILITY AND COINSURANCE This policy is a contract of indemnity against actual monetary loss or dam- age sustained or incurred by the insured claimant who has suffered loss or damage by reason of matters insured against by this policy and only to the extent herein described. (a) The liability of the Company under this policy shall not exceed the least of: (i) the Amount of Insurance stated in Schedule A; or, (i) the difference between the value of the insured estate or Interest as insured and the value of the insured estate or interest subject to the defect, lien or encumbrance insured against by this policy. (b) In the event the Amount of Insurance stated in Schedule A at the Date of Policy is less than 80 percent of the value of the insured estate or interest or the full consideration paid for the land, whichever is less, or if subsequent to the Date of Policy an improvement is erected on lire land which increases the value of the insured estate or interest by at least 20 percent over the Amount of Insurance stated in Schedule A, then this Policy is subject to the following: fit where no subsequent improvement has been made, as to any partial loss, the Company shall only pay the loss pro rata in the proportion that the amount of insurance at Date of Policy bears to the total value of the insured estate or interest at Date of Policy; or (it) where a subsequent improvement has been made, as to any partial loss, the Company shall only pay the loss pro rata in the proportion that 120 percent of the Amount of Insurance stated in Schedule A bears to me sum of the Amount of Insurance stated in Schedule A and the amount expended for the improvement. The provisions of this paragraph shall not apply to costs, attorneys' fees and expenses forwhich the Company Is liable under this policy, and shall onjy apply to that portion of any loss which exceeds, in the aggregate, 10 percent of the Amount of Insurance stated in Schedule A. (c) The Company will pay only those costs, attorneys' fees and expenses incurred in accordance with Section 4 of these Conditions and Stipulations. 8. APPORTIONMENT _ If the land described in Schedule A consists of two or more parcels which are not used as a single site, and a loss is established affecting one or more of the parcels but not all, the loss shall be computed and settled on a pro rata basis as if the amount of insurance under this policy was divided pro rata as to the value on Date of Poilcy of each separate parcel to the whole; exclusive of any improvements made subsequent to Date of Policy, unless a liability or value has otherwise been agreed upon as to each parcel by the Company and the insured at the time of the Issuance of this policy and shown by an express statement or by an endorsement attached to this policy. 9. LIMITATION OF LIABILITY (a) If the Company establishes the title, or removes the alleged defect, lien or encumbrance, or cures the lack of a right of access to or from the land, or cures the claim of unmarkeeldility of title, all as insured, in a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused thereby. (b) In the event of any litigation, including litigation by the Company or with the Company's consent, the Company shall have no liability for loss or dam- age untrl there has been a final determination by a court of competent jurisdic- tion, and disposition of all appeals therefrom, adverse to the title as insured. (c) The Company shall not be liable for loss or damage to any insured for liability voluntarily assumed by the insured in settling any claim or suit without the prior written consent of the Company. 10. REDUCTION OF INSURANCE; REDUCTION OR TERMINATION OF LIABILITY All payments under this policy, except payments made for costs, attorneys' fees and expenses, shall reduce the amount of the insurance pro tanto. 11. LIABILITY NONCUMULATIVE It is expressly understood that the amount of insurance under this policy shall be reduced by any amount the Company may pay under any policy insuring a mortgage to which exception is taken in Schedule B or to which the insured has agreed, assumed, or taken subject, or which is hereafter ex- ecuted by an insured and which is a charge or lien on the estate or interest described or referred to in Schedule A, and the amount so paid shall be deemed a payment under this policy to the insured owner. 12. PAYMENT OF LOSS (a) No payment shall be made without producing this policy for endorse- ment of the payment unless the policy has been lost or destroyed, in which case proof of loss or destruction shall be furnished to the satisfaction of the Company. (b) When liability and the extent of loss or damage has been definitely fixed in accordance with these Conditions and Stipulations, the loss or damage shall be payable within 30 days thereafter. 13. SUBROGATION UPON PAYMENT OR SETTLEMENT (a) The Company's Right of Subrogation. Whenever the Company shall have settled and paid a claim under this policy, all right of subrogation shall vest in the Company unaffected by uny act of the insured claimant. The Company shall be subrogated to and be entitled to all rights and remedies which the insured claimant would have had against any person or property in respect to the claim had this policy not been issued. If requested by the Company, the insured claimant shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect this right of subrogation. The insured claimant shall permit the Company to sue, compromise or settle in the name of the insured claimant and to use the name of the insured claimant in any transaction or litigation involving these rights or remedies. If a payment on account of a claim does not fully cover the loss of the insured claimant, the Company shaft be subrogated to these rights and reme- dies in the proportion which the Company's payment bears to the whole amount of the loss. If loss should result from any act of the insured claimant, as stated above, that act shall not void this policy, but the Company, in that event, shall be required to pay onlythat part of any losses insured against by this policy which shall exceed the amount, if any, lost to the Company by reason of the impair- ment by the insured claimant of the Company's right of subrogation. (b) The Company's Rights Against Non - insured Obligors. The Company's right of subrogation against non - insured obligors shall exist and shall Include, without limitation, the rights of the insured to indem- nities, guaranties, other policies of insurance or bonds, notwithstanding any terms orconditions contained in those instruments which provide for subroga- tion rights by reason of this policy. 14. ARBITRATION Unless prohibited by applicable law, either the Company or the insured may demand arbitration pursuant to the Title Insurance Arbitration Rules of the American Arbitration Association. Arbitrable matters may include, but are not limited lo, anv controversy or claim between the Company and the insured arising out of or relating to this policy, any service of the Company in connec- tion with its issuance or the breach of a policy provision or other obligation. All arbitrable matters when the Amount of Insurance is $1,000,000 or less shall be arbitrated at the option of either the Company or the insured All arbitrable matters when the Amount of Insurance is in excess of $1,000,000 shall be arbitrated only when agreed to by both the Company and the insured. Arbitra- tion pursuant to this policy and under the Rules in effect on the date the demand for arbitration is made or, at the option of the insured, the Rules in effect at Date of Policy shall be binding upon the parties. The award may include attorneys' fees only if the laws of the state in which the land is located permit a court to award attorneys' fees to a prevailing party. Judgment upon the award rendered by the Arbitrators) may be entered in any court having jurisdiction thereof. The law of the slus of the land shall apply to an arbitration under the Title Insurance Arbitration Rules. A copy of the Rules may be obtained from the Company upon request. 15. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE CONTRACT (a) This policy together with all endorsements, if any, attached hereto by the Company is the entire policy and contract between the insured and the Com- pany. In interpreting any provision of this policy, this policy shall be construed as a whole. (b) Any claim of loss or damage, whether or not based on negligence, and which arises out of the status of the title to the estate or interest covered hereby or by any action asserting such claim, shall be restricted to this policy. (c) No amendment of or endorsement to this policy can be made except by a writing endorsed hereon or attached hereto signed by either the President, a Vice President, the Secretary, an Assistant Secretary, or validating officer or authorized signatory of the Company. 16. SEVERABILITY In the event any provision of the policy is held invalid or unenforceable under applicable law, the policy shall be deemed not to include that provision and all other provisions shall remain in full force and effect. 17. NOTICES, WHERE SENT All notices required to be given the Company and any statement in writing required to be furnished the Company shall include the number of this policy and shall be addressed to the Company at the issuing office or to: Chicago Title Insurance Company Claims Department 171 North Clark Street Chicago, Illinois 60601 -3294 101*T0114 M:10 AM LOT 31N BLOCK 1 IN BINGHAM AND FERNALD'S MORTON GROVE SUBDIVISION, A SUBDIVISION OF PART OF LOT 40 OF COUNTY CLERKS DIVISION OE SECTION 20 AND TILL EAST %: OF THE NORTH EAST % OF SECTION 19, TOWNSIIIP 41 NORTH, RANGE 13 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. SOUTH R.O.W. LINE OF CAPULMAAVE. NO DIMENSIONS SHALL BE ASSUMED BY STATE OF ILLINOIS 1 SCALE MEASUREMENT UPON THIS PLAT COUNTY OF COOK J /// =/6 Scale: ----------- --- ------ --------- Ordered Page: Drawn: Checked Job No. : T//o yyq 7, ",t�,vZ.4Wc- 1, ANDRZEJ MURZANSKI, AN ILLINOIS REGISTERED LAND SURVEYOR, ---------------- --------------- DO HEREBY CERTIFY THAT I HAVE SURVEYED THE ABOVE DESCRIBED 41 -1.,�- 20C PROPERTY AND THAT THE PLAT HEREON DRAWN IS A CORRECT l! A. REPRESENTATION OF SAID SURVEY. ------ ------ ---------- ------ ANDRZEJ - 02092.6°-B ANY DISCRF.PA - ------ ---- -- REPORTED TO I Municipality : ti/02T77N Ge0 ✓� RZANSKI PLS. NO. 35 -3258 IN MEASUREMEN"rS SHOUD DE PROMPIT.Y SURVEYOR FOR EXPLANA "LION OR CORRFC1 ION. THE LEGAL DESCRIPTION NOTED ON FOR EASEMENTS, BUILDING LINES AND OTHER RES'TRICT'IONS THIS PLAT IS A COPY OF THE ORDERS AND FOR ACCURACY MUST BE NOT SHOWN ON THIS PLAT REFER TO YOUR ABSTRACT, DEED, COMPARED WITII THE DEED TITLE POLICY AND LOCAL BUILDING REGULATIONS W1 DO NOT USE FOR BUILDING PER I F* � Tlus Plat of Survey is for real estate purposes only. ANDRZEJ MURZANSKI LAND SURVEYORS, INC'. 8110 W. CATHERINE AVE. - NORWOOD PARK TWI'. ILLINOIS 60656 PHONE: 773 - 763 -03 -16 FAX: 773 - 763 -0593 1281 469' -002 11-20 08 :755E38 Chicago Title Insurance Company — — — — — — — - WARRANTY DEED VIII I II IIII I III III I III'II III ILLINOIS STATUTORY 0021281669 Co II ratio' to Individua X5051174 I sLe? J THE GRANTOR 011iric, Inc. a corporation created and existing under and by virtue of the laws of the state of Illinois and duly authorized to transact business in the State of Illinois, for and in consideration of 50311x80t** 4:10 JDP1M and other good and valuable consideration in hand paid, and pursuant to authority given by the Board otn Directors of said corporation,CONVEY(S)and WARRANT(S) to Village of Morton Grove 'J{` (GRANTEE'S ADDRESS) 6101 Capulina,Morton Grove,Illinois 60053 of the county of Cook, the following described Real Estate situated in the County of Cook in the State of Illinois, to wit: SEE EXHIBIT"A"ATTACHED HERETO AND MADE A PART HEREOF SUBJECT TO: General Real Estate Taxes for the year 2001 and subsequent years; covenants, conditions and restrictions of record. Permanent Real Estate Index Number(s): 10-20-111-003-0000 Address(es)of Real Estate: 8614 Ferris Avenue,Morton Grove,Illinois 60053 In Witness Whereof, said Grantor has caused its corporate seal to be hereto affixed, and has caused its name to be signed to these presents by its President, and attested by its Secretary this as 4^- day of 8 C2 , 1 aoO1 . 011iric,Inc. 6L.40 " By Frank J.Cirillo President Attest AA-111/451A—t— ' `/! iALLAt Barbara J.Cirillo Secretary **ONE HUNDRED FOR18Y THOUSAND AND EXEMPT-PURSUANT IL AGE OF MORTON SECTION A 1S y VILLAGE OF MORTON GROVE REAL ESTATE TRANSFER STAMP NOf 1 OO DOLLARS Lxee,F''ON no n47141 oA-E/0.a8'e1 ADDRESS Oe 1// r /C/C/S By ,1� 1, �� ==== BDX 333_ ADV. 1.0 88/95 E IOIO STATE OF ILLINOIS,COUNTY OF c.o o ss. I,the undersigned, a Notary Public in and for said County and State aforesaid, DO HEREBY CERTIFY,that Frank J. Cirillo personally known to me to be the President of the 011iric,Inc. and Barbara J. Cirillo personally known to me to be the Secretary of said corporation, and personally known to me to be the same person(s) whose name(s) are subscribed to the forgoing instrument, appeared before me this day in person and severally acknowledged that as such President and Secretary they signed and delivered the said instrument and caused the corporate seal of said corporation to be affixed thereto, pursuant to authority given by the Board of Directors of said corporation, as their free and voluntary act,and as the free and voluntary act and deed of said corporation,for the uses and purposes therein set forth. Given under my hand and official seal,this ‘72Filn day of Cc I r,i7 c- +9. ao a : J 3` - ri-— Buyer. +v_'-119: ... E.epreFi2 La 6e • IAL SEAL' '' Public ,y K Mow (N Public) My Corn, fission Expires 9/72/05 Prepared By: Thomas T. Schlake Law Offices 866 South Wolf Road La es Plaines,Illinois 60016-6158 cA ri cc Mail To: T4 Gabriel S.Berrafato C2 8720 Ferris Avenue Morton Grove,Illinois 60053 Name&Address of Taxpayer: Village of Morton Grove 8614 Ferris Avenue Morton Grove,lllinois 60053 Ci CHICAGO TITLE INSURANCE COMPANY ORDER NUMBER: 1409 008051174 PK STREET ADDRESS: 8614 FERRIS CITY: MORTON GROVE COUNTY: COOK TAX NUMBER: 10-20-111-003-0000 LEGAL DESCRIPTION: LOT 3 IN BLOCK 1 IN BINGHAM AND FERNALD'S MORTON GROVE SUBDIVISION A SUBDIVISION OF PART OF LOT 40 OF COUNTY CLERKS DIVISION OF SECTION 20 AND THE EAST 1/2 OF THE NORTHEAST 1/4 OF SECTION 19, TOWNSHIP 41 NORTH, RANGE 13 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS Ca LO CD CO) CI grit CZ [ECUs SS1 11/12/02 Law Offices of Gabriel S. Berrafato & Associates 8720 Ferris Avenue Morton Grove,Illinois 60053-2843 Telephone(847)965-2233 Facsimile(847)967-2388 Gabriel S.Berrafato Marc S.Porter,of Counsel October 29, 2002 David O. Erb Treasurer/Finance Director Village of Morton Grove 6101 Capulina Morton Grove, IL 60053 In re: Acquisition of 8614 Ferris Avenue, Morton Grove, IL 60053 From: 011iric, Inc. `!n Frank and Barbara Cirillo Dear Dave: I am pleased to inform you that the above-entitled matter was consummated on Monday, October 28, 2002, at the Chicago Title Insurance Company office. Accordingly, enclosed please find the following: 1. A check in the sum of$684.96, representing the over deposit by the Village in view of the error of proration of taxes. The original Village check was in the sum of$133,312.94. 2. Copy of the original contract between the parties. 3. Copy of the waived Title Commitment for insurance before the issuance of the Policy. 4. Copy of the Sellers' Closing Statement, which has an error in the tax proration as sell as the fact that the 2nd installment of the taxes were paid. 5. Copy of my office's calculation of the taxes, which show the 2nd installment paid and the proration of taxes for 2002 at 110% proration being the sum of $5,725.02. 6. Copy of the Warranty Deed from 011iric, Inc. to the Village dated 10128/02. 7. Copy of the RESPA/HUD Statement between the parties, which shows a full breakdown of the costs and expenses of the transaction. 8. Copy of the spotted Plat of Survey (in duplicate). Please forward one copy to Ed Hildebrandt, Building Commissioner, for his files. As you know and from the figures contained herein, the Village has received credit in the sum of$5,725.02 for the 2002 Real Estate Taxes, which have not been billed, nor due, at the rate of 110% of the 2001 taxes. In view of the obligation of the Village to pay the 2002 taxes, these monies should be held or allocated separately since the 2002 taxes will have to be paid by the Village when billed. Law Offices of Gabriel S. Berrafato & Associates David O. Erb Treasurer/Finance Director October 29, 2002 Page 2 In view of the fact that the building is not in the greatest of shape plus the tax assessment would be reduced if and when the building is demolished, it would be my recommendation that we demolish the building as soon as possible. I requested that Mr. Hildebrandt board up the building, at least in the rear, to avoid any problems. When the recorded Deed is received along with the issued Title Policy, I will forward copies for your records. If you need anything further, please advise. Very truly yours, ( GABRIEL S. BERRAFATO GSB/amz Enclosure(s) c: Larry N. Arft, Village Administrator (Letter only) c40XXAMORWOCSU.AO&OF MORTON OROVEMCOUISITIONSWO 0 FERRIS-cnLLO IOUEUCIlO-W411-aaamovER8 lm lO- CONSUM m+OF wnuweEDOC 01 Chicago Tale Insurance Company WARRANTY DEED ILLINOIS STATUTORY Co • •ratio to Indvidua co S 74 , , t. /fir THE GRANTOR 011iric, Inc. a corporation created and existing under and by virtue of the laws of the state of Illinois and duly authorized to transact business in the State of Illinois, for and in consideration of afelti*** and other good and valuable consideration in hand paid, and pursuant to authority given by the Board of Directors of said corporation,CONVEY(S)and WARRANT(S) to Village of Morton Grove (GRANTEE'S ADDRESS) 6101 Capulina,Morton Grove,Illinois 60053 of the county of Cook, the following described Real Estate situated in the County of Cook in the State of Illinois, to wit: SEE EXHIBIT"A"ATTACHED HERETO AND MADE A PART HEREOF SUBJECT TO: General Real Estate Taxes for the year 2001 and subsequent years; covenants, conditions and restrictions of record. Permanent Real Estate Index Number(s): 10-20-111-003-0000 Address(es)of Real Estate: 8614 Ferris Avenue,Morton Grove,Illinois 60053 In Witness Whereof, said Grantor has caused its corporate seal to be hereto affixed, and has caused its name to be signed to these presents by its President, and attested by its Secretary this 43"11/4- day of 9 1y 30oy. 011iric,Inc. By • Frank J.Cirillo President ff Q�_�'� � / � � �pp.��,, Attest £As14 ' ' \/.li+A '� Barbara J.CirilloC Secretary **ONE HUNDRED FORTY THOUSAND AND EXEMPT-PURSUANT L E OF MORTON SECTIONAL ESTATE y VILLAGE OF MORTON GROVE REAL ESTATE TRANSFER STAMP NOf 1 OO DOLLARS EXEMPTION NO 04710 DATTJI-628 a ADDRESS 861 4' rG~ie{S ,�f� Yap IF DIFFERENT DEED) BY `•"' 'd ADR I.0 R8/95 F.I010 STATE OF ILLINOIS,COUNTY OF c.cm 14_ ss. I,the undersigned, a Notary Public in and for said County and State aforesaid,DO HEREBY CERTIFY,that Frank J. Cirillo personally known to me to be the President of the 011iric,Inc. and Barbara J. Cirillo personally known to me to be the Secretary of said corporation, and personally known to me to be the same person(s) whose name(s) are subscribed to the forgoing instrument, appeared before me this day in person and severally acknowledged that as such President and Secretary they signed and delivered the said instrument and caused the corporate seal of said corporation to be affixed thereto, pursuant to authority given by the Board of Directors of said corporation, as their free and voluntary act,and as the free and voluntary act and deed of said corporation,for the uses and purposes therein set forth. Given under my hand and official seal,this X8111 day of ©C)rl ei n 2o a • SEAL' •ar4�W�jjiI. _. K _ . (N Public) fission Expires 9/12/05 Prepared By: Thomas T. Schlake Law Offices 866 South Wolf Road es Plaines,Illinois 60016-6158 Mail To: Gabriel S.Berrafato 8720 Ferris Avenue Morton Grove,Illinois 60053 Name&Address of Taxpayer Village of Morton Grove 8614 Ferris Avenue Morton Grove,Illinois 60053 Cook County Assessor's Office • lames M. Houlihan NOTICE OF PROPOSED ASSESSED VALUATION: FOR TAXES PAYABLE IN 2004 Property Index Number: 10-2o-111-o03-0000 Notice Date: August oi, 2003 Property Location: 8614 Ferris Ave Reason: Assessors Office Revision Mail To: OLLIRIC INC OR CURRENT OWNER Your Assessed Valuation 867 LINCOLN AV WINNETKA IL 60093-1904 Proposed 2003: $ 34,056 Previous 2002: $ 37,462 6009319046 75 For all your assessment Our Records Indicate The Following related questions, visit the Information About Your Property: Assessor's Interactive Website at: Property Class: 3-97 www.cookcountyassessor.com Special rental structure S Cast,:lssesor s lf1ice• James I.SSU Township: Niles , Neighborhood Code: 032 Land Square Footage: 2,625 essessateres brampmtn Antes I Fame I Batter metres!iapnyrl wnees parr rfeitue t mi C,c Ct1R Messrs Me Wattle nhe as says Oriets mettles yee with On lie-rat. essenrnent ineemeemo ister end provides me public . n+1ornMAp elt S RtlpiNiCSSrssme M1 XPan 4.t IZEIM MUSS Eamsan-" rops.mn m. t=t... �.r �nanp flat MEMO 4 -.r Nl I.tltS On 1'JSlly(a'.ri rin s��tempv: _ Your township's filing deadline: September 15,2003 If you file your appeal by this date,you have an additional 15 days to submit the necessary documentation for your appeal. Please visit our Website to see a detailed list of documents necessary for submitting a complete appeal. You can also call our Taxpayer Information Dept.for further assistance in filing an appeal at(312)443- 7550. You may correct an inaccurate property location by contacting our office at(312)603-7509 or on- line at the Assessor's Interactive Website at www.cookcountyassessor.com. ALL CLASS 3 PROPERTY OWNERS: For many years,the Assessed Value of Class 3 properties was set at 33%of the total estimated value. This year,a plan advocated by Assessor James Houlihan takes effect and lowers that amount to 30%of total value. Next year,in 2004,that amount will be 26%of total value and remain at that level. 1fP 118 North Clark 0004. COOK COUNTY ASSESSOR'S OFFICE 3rd Floor JAMES M. HOULIHAN, ASSESSOR Chicago, IL 60602 (312) 443-7550 www.cookcountyassessor.com Dear Taxpayer, On the reverse side of this letter, you will find your "Notice of Proposed Assessed Valuation." This assessment is the first step in determining your share of local property taxes. Please carefully review the information in this notice. Please keep in mind that the change in value reflected on this notice will impact the second installment tax bill next year. If you think your proposed valuation is inaccurate, you should consider filing an Assessment Appeal. Several real estate conditions are considered in determining the value of your property. Conditions include: recent sales, construction costs, market rents and income of similar properties in your commercial area. If you feel there are factors that my office has not considered, and you decide to appeal, you should submit any relevant documentation to support your Appeal. This documentation may include, but is not restricted to, an appraisal, rental income, a recent purchase, and/or evidence of substantial vacancy. Many factors play a role in determining your tax bill. Your assessed value will be multiplied by a state equalizer, determined annually by the Illinois Department of Revenue. Finally,the County Clerk's Office will apply the tax rate for you local taxing districts. Our Taxpayer Advocate Department is available for taxpayers that have questions regarding their property or want help in filing their Appeal. You may contact our office at (312) 603-7530 for assistance. We consistently strive for fairness and accuracy in the work we do; yet errors sometimes to occur. Please carefully review the information in this notice and feel free to contact my office if you have any questions. No taxpayer should ever pay more than their fair share. Sincerely, James M. Houlihan Cook County Assessor Esta es su "Notificacion de Avaluo Propuesto". Si necesita ayuda, para hacer su apelacion, favor de Ilamar al: (312) 443-7550 To jest twoje "Zawiadomienie o proponowanym oszacowaniu". Jezeli potrzebujesz pomocy w zlozeniu odwolania, prosimy o kontakt pod numerem: (312) 443-7550 Suburban Branch Offices SKOKIE MAYWOOD BRIDGEVIEW ROLLING MEADOWS MARKHAM 5600 Old Orchard Rd. 1500 Maybrook Square 10200 76th Ave. 2121 Euclid Ave. 16501 Kedzie Ave. Rm. 149 Rm.082 Rm.237 Rm.237 Rm.237 (847)470-7237 (708)865-603 (708)974-6451 (847)818-2444 (708)210-4100 ...OR CONTACT YOUR LOCAL TOWNSHIP ASSESSOR'S OFFICE rliOM P-T—PAGSAJD—APT—AWGRDP FPO( N0. : 8472972466 Hug. 23 2202 01:19PI1 P2 r , ' ® Chicago ink insurance i 7emiwny CLOSING STATEMENT rte parrd Hy Thomas T.SchIakc Law Offices Propertv,idlrrss 8614 Ferris Avenue K66 South Wolf Road Morton Grove,Illinois 60053 a Plaines,Illinois 60016-6158 Seiler 011irlc,Inc. Liam Brant &Nag Beaker Addwu: 6101 Capulina Avenue Morton Grove,Illinois 60053 paratager: Village of Morton Grove Anna 6101 Capulina Morton Grove,Illinois 60053 Date gamuts: Date of Contract PitrdmiCredits SdMrCredit Purchase Price 140,000.00 Barnes:Money 2,000.00 Red Estate Taxes 2001 3,47101 Prorated Real Estate Tares 2002 5,040.16 ThIe/Record*rg Fees 615.00 Legal Services to: Thomas T.Schlake Law Officers 500.00 Survey to: Andrzej Muremski 250.00 Revenue Stamps: ,Stale: County: City: Other Secretary ofState 13.00 15.00 Cheek or Cash to Balance 128,10713 Total: 140,000.00 140 000.00 Soericconaa= O]iBIC,lac. Aavpranry Village of Morton Grove • BY Law Offices of Gabriel S. Berrafato & Associates 8720 Ferris Avenue Morton Grove,Illinois 60053-2843 Telephone(847) 965-2233 Gabriel S.Berrafato Facsimile (847) 967-2388 Marc S.Porter,of Counsel April 15, 2002 APR Mr. Frank Cirillo Thomas Schlake, Esquire 17��� Mrs. Barbara Cirillo Thomas Schlake & Associates 011iric, Inc. 1400 Renaissance Drive, Suite 216 • 867 Lincoln Avenue Park Ridge, IL 60068-1335 Winnetka, IL 60093-1904 In re: Acquisition of 8614 Ferris Avenue, Morton Grove, IL 60053 Dear Mr. and Mrs. Cirillo and Mr. Schlake: As per the telephone calls and discussion with my secretary, Mandy, please find enclosed a signed and initialed contract regarding the acquisition of 8614 Ferris Avenue, Morton Grove, Illinois, with the modification of closing date to be five months from the date of acceptance or sooner by agreement. If you have any problems or questions, please contact the undersigned. Otherwise, in the meantime, as indicated in the contract all acquisition of real estate by the Village has been handled with Chicago Title and Trusts Skokie office. When the property is ready for per the contract, please forward the Title Commitment as specified. Very truly yours, :•e of Morton Grove Fi ♦ -BRI . g- -r' F• -. � C•laoration Counsel GSB/amz Enclosure(s) c: Larry N. Arft, Village Administrator C:IDATAIWORDCOCSvILLAGE OF MORTON GROVEIACONSMONSe614 FERRIS-GRILLO(OLLIRIC)10-20-111-003-Opee1CIRILLO LETTER 04-1502.DOC Law Offices of Gabriel S. Berrafato & Associates 8720 Ferris Avenue Morton Grove,Illinois 60053-2843 Telephone(847) 965-2233 Facsimile(847) 967-2388 Gabriel S.Berrafato Marc S.Porter,of Counsel April 15, 2002 ApR I X4002 Mr. Frank Cirillo Thomas Schlake, Esquire Mrs. Barbara Cirillo Thomas Schlake &Associates 011iric, Inc. 1400 Renaissance Drive, Suite 216 • 867 Lincoln Avenue Park Ridge, IL 60068-1335 Winnetka, IL 60093-1904 In re: Acquisition of 8614 Ferris Avenue, Morton Grove, IL 60053 Dear Mr. and Mrs. Cirillo and Mr. Schlake: As per the telephone calls and discussion with my secretary, Mandy, please find enclosed a signed and initialed contract regarding the acquisition of 8614 Ferris Avenue, Morton Grove, Illinois, with the modification of closing date to be five months from the date of acceptance or sooner by agreement. If you have any problems or questions, please contact the undersigned. Otherwise, in the meantime, as indicated in the contract all acquisition of real estate by the Village has been handled with Chicago Title and Trusts Skokie office. When the property is ready for per the contract, please forward the Title Commitment as specified. Very truly yours, • :.e of Morton Grove 101 2 t - BRI . . .r.F• 31 C•t•oration Counsel GSB/amz Enclosure(s) c: Larry N. Arft, Village Administrator C.IOATAWNOR000CSVILLAGE OF MORTON GROVE ACONSfONSE614 FERRIS-ORILLO(OLLIRIC)10-20.111.003.0000C1RILLO LETTER 04-15-02000 REAL ESTATE CONTRACT - APARTMENTS/INVESTMENTS 1171EN EXECUTED BY ALL PARTIES THIS WILL BECOME A LEGALLY BINDING AND ENFORCEABLE CONTRACT 1 " TO: 011lrlc, Inc„ c/o Frank and Barbara Clrlllo 2 OFFER OF PURCHASER;ll/We(Purchaser)offer to DATE: MARCH , 2002 purchase the real estate known as: e 8614 Fenls Avenue MORTON GROVE COOK IL County 60053 7 y Slate Zip 7 Legally described on exhibit A,if any.101 size approximately 25'x 104.5' following shall be included:personal ro rt (belonging Together with Improvements thereon.INCLUSIONS;The 9 P pre tf( nging to seller),if any,located on the real estate as of the date hared,for which a bill of sale wit be given:screens,storm 9 windows and doors;shades,window blinds;drapery rods;curtain rods; radiator covets; attached TV antennas;healing,central cooling, ventilating,lighting and plumbing 11 fixtures;attached mirrors,shelving,Interior shutters,cabinets and bookcases;awnings;porch shades;planted vegetation;garage door openers and transmitters;attached fireplace screens,smoke detectors;stairha8 carpeting;boiler room tools; 12 EXCLUSIONS:The following shall be excluded: unit air conditioners;_refrigerators;_ran es;as well as the following specific 9 g pacific items: 14 1-PRICE:Purchase Price:$ 140,000.00 15 a Villoae Check waled March 2002 Initial earnest money$ 2000,00 payable to Seder in the form of Upon acceptance pf this offer,said check shall be properly endorsed by payee and deposited by the party designated in Paragraph 7. The earnest 16 money shall be increased to O DO a %of fter initial earnest money shall be returned,and this organ shall be void if not accepted on or before purchase price within days a er Sellers acceptance,hereof.Said 18 2-FINANCING: Not Applicable-Cash Transaction, 19 3-PAYMENT METHODS.-The Purchase Price shall he paid subject cash, 20 in Financing Rider. {'tq._,V� � � by cashieta check or certified check at closing,unless otherwise provided for 22 4CLIN OSG: (a) Closing or escrow payout shall be on_three-mon .ate of acceptance or sooner by agreement this contract or has been accepted by Purchaser,by conveyance by s m. provided lase deed if with 23 Y Ya Y actable warranty deed with release of Homestead Rights(or other appropriate deed t title is 24 in trust or in an estate)and payment of purchase price. 25 (b)Title shall be conveyed at the time required by this cont subject •• to:General taxes for 2001 and subsequent years; 26 arimprorMients ; :-. - .- ..:• 4eay-epeelellanerassessme::.islet-imprr lines 27 and building and liquor restrictions of record;zoning and building laws and ordinances; n r building-fines p•• r- public and utility easements; covenants and restrictions of record; prig -wall 28 rtgglsaad- iris-leases.:.; . :.. '. -. ,,•:•. _r. iPurchaSa9er-prier-toelee in-the 29 ry- -d-oi' 2-a4ave;acts done or suffered by or through the Purchaser. 30 (c)This sale shall be closed at oRlce of Purchasers mortgagee or,if none,at office of listing broker,or as specified below: 31 (Name) CHICAGO TITLE INSURANCE COMPANY (Address) SKOKIE OFFICE 8707 Skokie Blvd Skokie,IL 32 or,at request of either party,in escrow with the title company issuing the title commitment by dead and money escrow;fee to be divided between Seller and Purchaser. 33 6-PRORATIONS:Real Estate taxes(based on 110 %of most recent ascertainable taxes);assignable Insurance policies,if requested by Purchaser;rents,if any; 34 water taxes and other proralable items including flood hazard insurance shall be prorated to dale of possession. Parties hereto agree to reprorate when-----real.aline 35 tax bill is available. Reprorations survive dosing;if amount due is not paid in days after demand,then the compound interest due shall be-------%. 36 &POSSESSION.-Possession,subject to leases and tenancies,shall be delivered on CLOSING provided sale has been closed. 37 (a)Use and Occupancy. Al closing,Seller shall pay to Purchaser 38 up to and including the date $ per day for use and occupancy s shall re fund any n payment me first day after use and 39 u 9 possession surrendered. r ne surrendered or on a monthly basis,whichever occupancy beyond the date period is shorter. Purchaser shell refund a payment made for use end 40 Pa Y Y possession is surtendered. (b)Possesslon Escrow. At closing, Seller shall deposit with escrwme designated In Paragraph 7 below the sum of $ ------to guarantee 41 possession on or before date set forth above,which sum shall be held from the net proceeds of the sale on escrowee form of receipt.If Seller does not surrender 42 as above,Seller shall pay to Purchaser in addition to the above use and occupancy,the sum of 10%of said possession 43 surrendered to Purchaser plus any unpaid use and occupancy to the date possession be paid day up to and including ba dnc ,if any,to is turned over to Seller;and acceptance y possession Purchaser's has r'surrendered,eral r said amount(s)to be paid out of escrow and the balance,if any,to be qq plants d payments by Purchaser shall not limit Purc other legal remedies. 45 7-EARNEST MONEY:Earnest money and this contract shall be held by Seller for the benefit of the parties hereto, 46 Ala c : 47 :.: : .: ::: .: •. . ,._. ., . - - . . . .. .. _. : -the-earnest 48 8-ATTORNEY APPROVAL:This contract is contingent upon the approval hereof as to form by the attorneys for Purchaser and Seller within 10 WORKING days after Sellers acceptance of this contract.Notices shall be given pursuant to Paragraph 11 on the reverse side hereof. 51 &INSPECTION: Purchaser may secure at Purchaser's expense (unless otherwise provided by governmental regulations) a property, radon, and/or wood infestation 52 inspections)of said Real Estate by a professional inspection service(s). Purchaser shall serve notice upon Seller of any defects, disclosed by the inspection(s), which 53 are unacceptable to the Purchaser,together with a copy of the report(s)within 10 WORKING days after acceptance of this Contract. IN THE ABSENCE OF NOTICE 54 WITHIN THE TIME SPECIFIED, THIS PROVISION SHALL BE DEEMED WANED BY THE PARTIES AND THIS CONTRACT SHALL REMAIN IN FULL FORCE AND 55 EFFECT.If within five(5)calendar days after receipt of such notice and repon(s),agreement cannot be reached by the parties as to how the cost of correction shall be 56 apportioned between the parties, then either party may terminate this Contract by written notice to the other Party and THIS CONTRACT SHALL BE NULL AND 57 VOID AND THE EARNEST MONEY REFUNDED TO PURCHASER UPON WRITTEN DIRECTION OF THE PARTIES TO ESCROWEE.. The property inspection shall cover, 58 but not he limited to the major components of the Real Estate:central heating system(s), central cooling sysem(s), interior plumbing s,floors and foundation.A major component PI g system,electrical system,roof,walls, 60 n9 M ponent shall be deemed to be in operating condition if it performs the function for which it is intended, regardless of age. 61 PURCHASER AGREES THAT DISCLOSURE OF MINOR REPAIRS AND ROUTINE MAINTENANCE ITEMS ARE NOT A PART OF THIS CONTINGENCY. Purchaser shall 62 indemnity Seller from and against any loss or damage to the real estate caused by acts of negligence of Purchaser or the person(s)performing such inspection. 63 10-LEAD BASED PAINT TESTING CONTINGENCY; This contract is contingent upon an Inspection or risk assessment of the properly for the presence of lead based 64 paint and/or lead-based paint hazards. This inspection/assessment shall be conducted by an inspector/contractor licensed as required by law at Purchaser's expense 65 within 10 calendar days of acceptance of this contract by Seller.This contingency shall be deemed waived unless Purchaser delivers to Seiler written notice of specific 66 existing deficiencies,together with a copy of the inspection and/or risk assessment report.Seller may, at Sellers option,within 2 days after delivery of said notice from 67 Purchaser, elect to correct or NOT correct the deficiencies prior to closing a osing and shell give written notice of such election to Purchaser.If Seller elects to correct the fig deficiencies, Seller shall furnish lo Purchaser prior to closing certification that such deficiencies have been corrected. If Seller elects NOT to correct such deficiencies 69 Purchaser,at Purchasers option and upon notice to Seller within 2 days after delivery of Sellers election not to correct, may declare this contract void or may elect to 70 purchase property subject to the deficiencies. Purchaser may remove this contingency at any time without cause. Purchaser shall indemnify Seller from and against any 71 loss or damage to the real estate caused by acts of negligence of Purchaser or the persan(s)performing such inspection. 72 73 74 The terms of the Rider(s)consisting of pages attached hereto is made a part hereof. 75 76 77 PURCHASER'S NAME(Type or Print): THE VILLAGE OF MORTON GROVE SSNt EIN; 36-600-6007 78 79 / t l / V - sRAtis 80 BY: (/ (C/ SALES TAX EXEMPTION NO. SV - 'E9998149104 81 82 PURCHASER dbLGI Andress 6101 CAPULINA AVENUE 83 84 ITS PRESIDENT 85 86 MORTON GROVE ILLINOIS 60053 87 City State Zip 88 89 - 3°—ACCEP"-I"ANCEOF OFFER BY-SELLER: __ 93 This / day of 2002 we accept trite tiler EMI agree to pattern aria convey according io ti a inrrrls w tide c..rr::ec1. 94 / 95 SELLER'S NAME(Type or Piing OI11rIc, Inc. SSN: 3 6-'( aj K 3 96 97 98 99 By: � .� 100 SELLER �� .i /� SSN: 101 C o� ,nit President Address 867 LINCOLN AVENUE 102 103 • 104 SELLER %/. s.. . I ...„....L.........-..A. WINNETKA ILLINOIS 60008 105 city State Zip 106 107 Phone: 847-448-4825 Fax: 108 109 THE PROVISIONS APPEARING ON THE REVERSE SIDE HEREOF ARE AN INTEGRAL PART OF THIS CONTRACT. • ('9661 '9l aunr palep podaa luawssassy 9419 IBIUOWUOJIAUB 1 9segd;0 )d!aaal sa6palMou>loe Jasegoind) •asuadxa s,JaAng 944 le pau!elgo aq Heys AaJung leluawuOJ!Au3 situ 'Jaseypmd ate of AJOpe;sges amp 4OBJ;U09 9114;o sAep 0.9 u!tl!M Tatung leluawuoJ!nu3 aseyd a 6u!u!elgo Jase4OJnd 943 uodn pauo!upuoo pue Ol pa[gns s! paquoo spa '61. 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APARTMENTS/INVESTMENTS WHEN EXECUTED BY ALL PARTIES THIS WILL BECOME A LEGALLY BINDING AND ENFORCEABLE CONTRACT 1 TO 011lric, Inc.. t/o Frank and Barbara Cirillo DATE: MARCH 2002 2 (Seller) 3 OFFER OF PURCHASER:I/We(Purchaser)offer to purchase the real estate known as 4 8614 Ferris Avenue 5 Street MORTON GROVE COOK IL 60053 County Stale Zip 7 Legally described on exhibit A,if any.Lot size e 8 following shall be included Y approximately 25'x 104.5' Together with improvements thereon.INCLUSIONS:The g :personal blinds;(belonging to seller),it any,located on the real estate as of the dale hereof,for which a bill of sale wit be given:screens,storm 10 windows and doors;shades,window blinds;drapery rods;curtain rods; radiator covers;attached TV antennas;heattin fixtures;attached mirrors,shelving,interior shutters,cabinets and bookcases;awnings; 9.central cooling. ventilating,lighting and plumbing 11 fireplace screens,smoke detectors;stairhafi carpeting; 9 porch shades;planted v tors; ion;garage door openers and transmitters;attached items: 12 EXCLUSIONS:The following shall be excluded: itn boiler room tools; unit air conditioners; refrigerators;_ranges;as well as the following specific items: 13 1-PRICE:Purchase Price:$ 140,000.00 14 a Village Check dated Initial earnest money$ 2,000,00 in the form of 15 March 2002 payable to Seller .Upon acceptagcg q(Ihls offer,said check shall be properly endorsed by payee and deposited by the parry designated in Paragraph 7. The earnest 16 money shall be increased to U U(1 %of endorsed b purchase 17 initial earnest money shall be returned,and this offer shag be void if nit accepted on or bfore ��wthm days after Sellers acceptance,hereof.Said 18 2-FINANCING: Not Applicable-Cash Transaction. 19 3-PAYMENT METHODS.-The Purchase Price shall be pal ,subject * 'n cash,by cashiers check or certified check at closi 20 in Financing Rider. Ipyf�l V — 4' y rg, •unless old ff:vise provided for 21 4-CLOSING: f7`� r 22 (a) Closing or escrow payout shall be on ,three"mont• •:m date of acceptance or sooner by agreement ; 23 this contract or has been accepted by Purchaser,by conveyance by :m.:. ' •rdable warranty deed with release of Homestead Rights(or other n.aa bl a conforms eed if ti with 24 in trust or in an estate)and payment of purchase price. y g ( pprcprale deed if title is 25 (b)Title shall be conveyed at the time required by this con . t subjec .nty to:General taxes for 2001 and subsequent years;special-tares.eesaessrnerds,geay fa-enp...... etvnet .� - ear-a arh`sparaaliaz-erasses¢ment¢-ter imPrevemeMSherele 26 yen eomplet ar,� - _ _ - (era-ns of record;building line; 27 and bwluieu end Now rewrote:is d record;zoning and building laws and ordinances;private;public and utility easements; covenants and restrictions of record; party-v:.t1 rights erM-agreements'-i(aay'-ads° mg sel-fe4A-ix.rent-roil--aced-new-leesee:-entered-into-b Seger- 29 ordinary course of business the.rnengage-er' rm is drita y Jeasas-ectin aaasies-es y- Pr1ar-to�rbsingaa u,,; deer--deny,mortgagee if none, office of listing acts done or suffered by or through the Purchaser. 30 (c)This sale shall be closed at office of Purchasers mortgagee or,if none,al once of listing broker,or as specified below: 31 (Name) CHICAGO TITLE INSURANCE COMPANY (Address) SKOKIE OFFICE,8707 Skokie Blvd Skokie,IL 32 or,at request of either party,in escrow with the title company issuing the title commitment by dead and money escrow;fee to be divided between Seller and Purchaser — 33 5-PRORATION9:Real Estate taxes(based on 110 %of most recent ascertainable taxes);assignable Insurance policies,if requested by Purchaser;rents,if any; 34 water taxes and other proratable items including flood hazard insurance shall be prorated to dale of possession. Parties hereto agree to reprorete when---------real estate 35 tax bill is available. Reprorations survive closing;if amount due is not paid in days after demand,then the compound interest due shall be------_-_.__-- 36 6-POSSESSION.-Possession,subject to leases and tenancies,shall be delivered on CLOSING provided sale has been closed. 37 (a)Use and Occupancy. Al closing,Seller shall pay to Purchaser$ 38 per day for use and occupancy s shall refund any payment first day after closing and 39 up to and including the date possession is to be surrendered or on a monthly basis,whichever period is shorter. Purchaser shall refund any payment made for use and occupancy beyond the date possession is surrendered. 40 (b)Possession Escrow: At closing, Seller shall deposit with escrowee designated In Paragraph 7 below the sum of $ ------ ------to guarantee 41 possession on or before date set forth above,which sum shall be held from the net proceeds of the sale on escrowee form of receipt.If Seller does not surrender possession 42 as above,Seller shall pay to Purchaser in addition to the above use and occupancy,the sum of 10%of said possession escrow per day up to and including day possession is 43 surrendered to Purchaser plus any unpaid use and occupancy to the date possession is surrendered,said amount(s)to be paid out of eacrow and the balance,if any,to be 44 turned over to Seller;and acceptance of payments by Purchaser shall not limit Purchasers other legal remedies. 45 7-EARNEST MONEY:Earnest money and this contract shall be held by Seller for the benefit of the parties hereto, Purchaser agrees The1-coil 46 earnest money-is-to he-held-in-e-f ederalty-msarsd_mpeey-madtel_dapesir eeeeunt_at'e_benking-. 47 money-is aesruee-Purs haser-and-istabe-paid.le-Purcheser_al-•he-time ne9-Brekelr-Nf�nrereel-earner-ea the-eareesl 48 8-ATTORNEY APPROVAL:This contract is contingent upon the approval hereof as to form by the attorneys for Purchaser and Seller within 49 10 WORKING days after Sellers acceptance of this contract.Notices shall be given pursuant to Paragraph 11 on the reverse side hereof. 50 9-INSPECTION: Purchaser may secure at Purchasers expense (unless otherwise provided b 51 ar P ( p by governmental regulations) a property, radon, and/or wood infeslaliol, 52 inspections)of said Real Estate by a professional inspection service(s). Purchaser shall serve notice upon Seller of any defects, disclosed by the inspection(s), which 53 are unacceptable to the Purchaser,together with a copy of the report(s)within 10 WORKING days after acceptance of this Contract. IN THE ABSENCE OF NOTICE 54 WITHIN THE TIME SPECIFIED, THIS PROVISION SHALL BE DEEMED WAIVED BY THE PARTIES AND THIS CONTRACT SHALL REMAIN IN FULL FORCE AND 55 EFFECT. If within five(5)calendar days after receipt of such notice and report(s),agreement cannot be reached by the parties as to how the cost of correction shall he 56 apportioned between the parties, then either party may terminate this Contract by written notice to the other Party and THIS CONTRACT SHALL BE NULL Al.../ 57 VOID AND THE EARNEST MONEY REFUNDED TO PURCHASER UPON WRITTEN DIRECTION OF THE PARTIES TO ESCROWEE.. The property inspection shall co-m 588 but not be limited to the major components of the Real Estate:central heating system(s), central coding system(s), interior plumbing system,electrical system,roof,wall. 60 ceilings.freers and foundation.A major component shall be deemed to be in operating condition if it performs the function for which it is intended, regardless of air. 61 PURCHASER AGREES THAT DISCLOSURE OF MINOR REPAIRS AND ROUTINE MAINTENANCE ITEMS ARE NOT A PART OF THIS CONTINGENCY. Purchaser shad 62 indemnity Seller from and against any loss or damage to the real estate caused by acts of negligence of Purchaser or the person(s)performing such inspection. 63 10-LEAD BASED PAINT TESTING CONTINGENCY: This contract is contingent upon an inspection or risk assessment of the property for the presence of lead based 64 paint and/or lead-based paint hazards. This inspection/assessment shall be conducted by an inspector/contractor licensed as required by law at Purchasers expense 65 within 10 calendar days of acceptance of this contract by Seller.This contingency shall be deemed waived unless Purchaser delivers to Seller written notice of specific 66 existing deficiencies,together with a copy of the inspection and/or risk assessment report. Seller may, at Sellers option,within 2 days after delivery of said notice from 67 Purchaser, elect to correct or NOT correct ct the deficiencies prior to closing and shall give written notice of such election to Purchaser.If Seller elects to correct On, 68 deficiencies, Seller shall furnish to Purchaser prior to dosing certification that such deficiencies have been corrected. If Seiler elects NOT to correct such deficiencies 69 Purchaser,at Purchasers option and upon notice to Seller within 2 days after delivery of Sellers election not to correct, may declare this contract void or may elect to 70 purchase properly subject to the deficiencies. Purchaser may remove this contingency at any time without cause. Purchaser shall indemnify Seller from and against any 71 loss or damage to the real estate caused by acts of negligence of Purchaser or the person(s)performing such inspection. 12 73 74 The terms of the Rider(s)consisting of pages attached hereto is made a part hereof. 75 76 77 PURCHASER'S NAME(Type or Prim): THE VILLAGE OF MORTON GROVE 78 fiSkk EIN: 36-600-6007 79 80 BY: r SALES TAX EXEMPTION NO. flag E9998149104 81 82 PURCHASER ••• L ' L:�//� — Address 6101 CAPULINA AVENUE 83 84 ITS PRESIDENT 85 86 MORTON GROVE ILLINOIS 60053 87 City State Zip 88 89 -. . or, _c 91 - -_. 92 n 93 This day of ��.L 2002 ,we accept this offer and agree to perform and convey according to the terms of this contract. 94 95 SELLER'S NAME(Type or Print) 011iric, Inc. SSN: 3b-Na-3 tilt 96 97 98 99 By: �" � SSN: 100 SELLER!i'/Lt1� ,Its President Address 867 LINCOLN AVENUE 4„,,,LAn.d. G.;,,iti,101 102 103 WINNETKA ILLINOIS 60008 104 SELLER 105 City State Zip 106 107 Phone:847-446-4825 Fax: 108 109 THE PROVISIONS APPEARING ON THE REVERSE SIDE HEREOF ARE AN INTEGRAL PART OF THIS CONTRACT. 08661 'gl aunt' pawp podad luawssassy egg IeluawuOJtnu3 ) aseqd ldpoai sa6paIMotJpe Jesegwnd) 'asuedxe sdeAng a4l ;e pautelgo eq !legs Aaning (e;uewuonnu3 st41 'Jasegomd ails 0{AJope;s!;es alep peiluoo 441;o sAep pg ut4pM Aentng teluawuonnu3 ( asegd e 6utuielgo JasetoJnd 041 uodn pauotl)PUoo pue o; pa(gns sI peJluoo st41 61 'sluawgoeOJOUa ou 6u.Mogs pue s;uewanoidwt He bum/togs 6u!sop of loud sAep oe Aaning yry 4stwn;of Japag g l 'pied aq Him JO anq Si UOISS!WWOO OU pue uo!pesueJ; S!tl uI pOnpnu! u9aq 9A84 s39)$OJq OU 9a.i6e sawed 941 •L1 ZEOSe 9619 991 181 .swe000 Jo/poplars st6et sit Apiesu0dses ou sewnase teem'Sbonr3U w weoa erotic g1JoN eta Aq Aselmo°a se peP1AOJd a Penn Sall 991 get 'puma eta io usd wu ell pus uopden pies leas wpm*awes et1 sum of pepune Sou eta suopde3(0) en •Ma!Aq patnbe se tune 6601 stets3 lame p 01e9 eta taps sawn enueney 1ulmul eta epved of seei6e Jens(u) Sal .v esa'spun Musical ro pros Ja411e'A181ge1!01J wail Ila(s ZeI nesegomd latpPpmO U!AJessGOeU su0900 R UOJlal eq of esnea to ate pue euewnoop is pelnoaxe eq of even so crone limit Jese'PJnd Pus ceps (.pv.et)ossit eat sluewpuewe!re PUP 0962 p 1W xi F4JedOld}9034 w lueupsenul uStSJOd ate p euopenwd eta 02IOS CSeq few tgeet Poquosep topoesuwtetapue pane) (w) oat 'etufBg PezpoWle pie ro Jenteand up. 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TOTAL SALES/BROKER'S COMMISSION based on price $ 140,000.00 @ tst PAID FROM PAID FROM Division of Commission (line 700)as follows: BORROWER'S SELLER'S 701. LB: $ to FUNDS AT FUNDS AT 702. se: $ SETTLEMENT SETTLEMENT 703. Commission paid at Settlement (Money retained by broker applied to commission$ ) 704. Other sales agent charges: 705. Additional commission: $ to 800. ITEMS PAYABLE IN CONNECTION WITH LOAN 801. Loan Origination Fee $' 802. Loan Discount ¢ 803. Appraisal Fee to 804. Credit Report to 805. Lender's Inspection Fee to 806. Mortgage Insurance Application Fee to 807. Assumption Fee to 808. 809. 810. 811. 812. 900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901. Interest from to @$ /day for 0 days 902. Mortgage Insurance Premium for 0.00 months to 903. Hazard Insurance Premium for 0.00 years to 904. 905. 1000. RESERVES DEPOSITED WITH LENDER 1001. Hazard insurance 0.00 month @$ per month 1002. Mortgage insurance 0.00 month @$ per month 1003. City property taxes 0.00 month @$ per month 1004. County property taxes 0.00 month @$ per month 1005. Annual assessments 0.00 month @$ per month 1006. 0.00 month @$ per month 1007. 0.00 month @$ per month 1008. Aggregate Accounting Adjustment 0.00 _ 0.00 1100. TITLE CHARGES 1101. Settlement or Closing Fee to CHICAGO TITLE AND TRUST COMPANY 325.00 1102. Abstract or title search to 1103. Title examination to 1104. Title insurance binder to 1105. Document preparation to 1106. Notary fees to 1107. Attorney's fee to THOMAS T. SCHLAKE 500.00 1108. Title insurance to CHICAGO TITLE INSURANCE COMPANY 615.00 (includes above items numbers:) - : _. ... 1109. Lender's coverage $0.00 $ 1110. Owners coverage $140,000.00 $ 615.00 CI............: 1111. 1112. 1113. 1200. GOVERNMENT RECORDING AND TRANSFER CHARGES 1201. Recording fees: Deed $ ;Mortgage $ ; Release $ 28.00 1202. City/county tax/stamps: Deed $ 70.00 ; Mortgage $ 1203. State tax/stamps: Deed $ 140.00 ; Mortgage $ 1204. 1205. 1300. ADDITIONAL SETTLEMENT CHARGES 1301. Survey to ANDRZEJ MURZANSKI 250.00 1302. Pest inspection to 1303. - _ -_ .. _. ___. 1305. 1306. 1307. 1400. TOTAL SETTLEMENT CHARGES (enter on lines 103,Section J and 502,Section K) 353.00 1,365.00 I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledg- : •elief,it is a tru- ' d accurate r tement of all receipts and disbursements made o my account or byy this transaction,I further certify the -receive._,.-....1• j• . 1/: I amen Stateme . V ' f/ ... / .�/_ �u ��.LLad� .r �. /Seth, ��//�I/�. � ��`' .i '��, GE OF MO•TON GROVE / .LLIRIC, INC. The HUD-1 S�-.lement Statement which I have prep' ed is a true and accurate account of this transactio I have caused or will cause funds to be disbursed' a .rdance with this- ji;me ■ 'le"ent•..en - I .- - ,e„ maudsann>e,w WARNING:It is a crime to knowingly make false statement to the United States on this or .foam.',ensues upon Imprisonment For details see: Title 18 U.S.Code Section 1001 and Section 1010. S51 1 HUD-1(3/86j RESPA,HB 43052 OMB No.2502-0265(Exp.12-31-86) Page 1 A. CHICAGO TITLE INSURANCE COMPANY B. TYPE OF LOAN CHICAGO TITLE AND TRUST COMPANY 1. ❑ FHA 2. ❑ Fml-A 3.❑ CONY.UNINS. CLOSER: SUE SCHWARTZ 4. ❑ VA 5. ❑ CONV.INS. DATE OF PRINTING: 10/28/02 .0014% 6. File Number: 8051174 31,2 TIME OF PRINTING: 11:52 ,r 7. Loan Number 022120258-001 551 SIC U.S.DEPARTMENT SETTLEMENT OUSINGS�URBAN N DEVELOPMENTB' Mortgage Insurance Casa Number 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 "(p.o.c.)"were paid outside the closing;they are shown here for informational purposes and are not included in the totals. D. NAME OF BORROWER: VILLAGE OF MORTON GROVE ADDRESS: E. NAME OF SELLER: OLLIRIC, INC. ADDRESS: F. NAME OF LENDER: NONE ADDRESS: G. PROPERTY LOCATION: 8614 FERRIS MORTON GROVE ILLINOIS 60053 H. SETTLEMENT AGENT: CHICAGO TITLE AND TRUST COMPANY I. SETTLEMENT DATE: ADDRESS: 8707 SKOKIE BOULEVARD October 28, 2002 PLACE OF SETTLEMENT: SKOKIE ILLINOIS 60077 11:30 8707 SKOKIE aouLEVARD DISBURSEMENT DATE: ADDRESS: SKOKIE ILLINOIS 60077 October 28, 2002 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 140,000.00 401. Contract sales Price 140.000.00 102. Personal Property 402. Personal Property 103. Settlement charges to borrower (line 1400) '" - - : - - 3-53.00 .":, � . _,. :: ���-- - . 104. . - :. ., 404. - ,..,...,,.,.,...,... 105. 405. Adjustments for items paid by seller In advance Adjustments for items paid by seller in advance 1 os. City/town taxes to 406. City/town taxes to 107. County taxes to 407. County taxes to 108. Assessments to 408. Assessments to 109. 409. 110. 410. 111. 411. 112. 412. 120. GROSS AMT DUE FROM BORROWER 14 0,353 .00 429. GROSS AMT DUE TO SELLER 140,000.00 200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. Deposit or earnest money 2,000.00 501.Excess deposit(see instructions) 202. Principal amount of new loan(s) 502.Settlement charges to seller Qine 1400) 1,365.00 203. Existing loan(s)taken subject to 503.Existing loan(s)taken subject to 504.Payoff of first mortgage loan 204. 205. 505.Payoff of second mortgage loan 206. .. ._. 506. 207. 208. 507. EARNEST MONEY 2 000 00 508. RF U980RSFMENT TO TOM SCHLAKEY 15.00 209. 509. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. City/town taxes to 510. Cty/town taxes to 211. County taxes 01/01/02 to 10/28/02 5 725.02 511. County taxes 1 , , to 1, ; , t 212. Assessments to 512. Assessments to 213. 513. 214. 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. no. TOTAL PAID BtEglit BORROWER _ _-7-725 0--520. TOTAL REDUCTIONS AMT DUE-SELLER-i- - --9,j0,:-02 300. CASH AT SETTLEMENT FROM/TO BORROWER soo. CASH AT SETTLEMENT TO/FROM SELLER 301. Gross amt due from borrower (line 120) 140 ici no 601. Gross amt due to seller (line420) 140,000.00 302. Less amts paid by/for borrower (line 220) ( 7,725.02)602. Less reductions In amt due seller Qine 520) ( 9,105.02) 303. CASH(&I FROM) (❑ TO) BORROWER 132,627.98 603. CASH(® TO) ( ❑ FROM)SELLER 130,894.98 I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and be - ,it is a true and ac ate statement. .II receipts and disbursements mac on mitaccouunnt or by me in this transaction,I further certify that I ha !Ned a cop,the fit'j ,-,. en/ -tem it. / _`d w (`t 6L. Borrowe - Seller I. L L..�I.. if.f ' VILLAGE OF M� OA ROVE / e •'LIRIC, INC. ,J -i nee a rn.mac. _s -/II To the „a 4 ledge,the ID- ternent which I have prepared is a true and accurate account of the funds which were received and have bee I •e • bursed by the u d r) r . e settlement of 1 is transaction. f1•& A I • /. ._ ._ .L. /V / g//� WARNING: It is amine to knowingly make false statements to the United Sales on this or. . • ' form. Penalties upon conviction can Include a fine and Imprisonment For detalk see: Tole 18 U.S.Code Section 1001 end Section 1010. 881 HUD-1(3/86)RESPA,MB 43052 CHICAGO TITLE AND TRUST COMPANY ESCROW RECEIPT AND DISBURSEMENT AUTHORIZATION PAGE 1 ESCROW NUM: 022120258-001 ORDER NUM: 01409-008051174 PK CLOSER: SUE SCHWARTZ BUYER: VILLAGE OF MORTON GROVE SELLER: OLLIRIC, INC. PROPERTY: 8614 FERRIS, MORTON GROVE, ILLINOIS 60053 RECEIPTS VILLAGE OF MORTON GROVE 132,627.98 TOTAL RECEIPTS 132,627.98 DISBURSEMENTS A CHICAGO TITLE AND TRUST COMPANY SETTLEMENT OR CLOSING FEE 325.00 TITLE INSURANCE 615.00 RECORDING FEES 28.00 CHECK TOTAL 968.00 B THOMAS T. SCHLAKE ATTORNEY'S FEES 500.00 CHECK TOTAL 500.00 C ANDRZEJ MURZANSKI SURVEY 250.00 CHECK TOTAL 250.00 D TOM SCHLAKEY REIMBURSEMENT 15.00 CHECK TOTAL 15.00 E OLLIRIC, INC. NET PROCEEDS TO SELLER 130,894.98 CHECK TOTAL 130,894.98 TOTAL DISBURSEMENTS 132,627.98 BALANCE 0.00 The undersigned authorize Chicago Title and Truro Company as Fsrmwe• to make thzezgendit ures-and-daY.,, =-x..,,libt<.l dto.eanu.-ce rovt the - same,jointly and severally,for payment. The undersigned mortgagors certify that the signatures on the note and mortgage,if any,furnished as security for the loan are genuine and that the consideration therefor was actual and valid hout offset or defepse. 1 (/LY`6 t•/Y� Q�iLI K t G C'. Ai*fe-c3 Da-el —+ I I \ I t 1 . ./ .i A 7� Chicago Title & st Co. Authorization 10/28/02 11:54 SS1 REAL ESTATE CONTRACT - APARTMENTS/INVESTMENTS WHEN EXECUTED BY ALL PARTIES THIS WILL BECOME A LEGALLY BINDING AND ENFORCEABLE CONTRACT 1 TO: 011iric. Inc., c/o Frank and Barbara Grillo DATE: MARCH . 2002 2 (Seller) 3 OFFER OF PURCHASER:I/We(Purchaser)offer to purchase the real estate known as: e 8614 Ferris Avenue MORTON GROVE COOK IL 60053 6 Street City County State Zip 7 Legally described on exhibit A.if any.Lot size approximately 25'x 104.5' Together with improvements thereon.INCLUSIONS:The 9 following shall be included:personal prapert3(belonging to seller),if any,located on the real estate as of the date hereof,for which a bill of sale will be given:screens,stem 90 windows and doors;shades,window blinds;drapery rods;curtain rods;radiator covers;attached TV antennas;heating,central cooling, ventilating,lighting and plumbing 11 futures;attached mirrors,shelving,interior shutters,cabinets and bookcases;awnings;porch shades;planted vegetation;garage door openers and transmitters;attached 12 fireplace screens,smoke detectors;stairha%carpeting;boiler roan tools;_unit air conditioners;_refrigerators; ranges;as well as the following specific items: 13 EXCLUSIONS:The following shall be excluded: 13 1-PRICE:Purchase Price:$ 140,000,00 Initial earnest money S 2,r m m,00 in the term of a Villaae Check dated March 2 15 d! rl payable is SO ter 16 increased Upon accePtaxg of this offer,ca c shall be properly endorsed s payee and deposited by the party designated in Paragraph 7. The earnest money shall t esh to , DO %of purchase pica within �pnaled acceptance,hereof.Said 17 initial earnest money shall be returned,and this otter shall be vodli not accepted on or before ��after Seller's acts 18 2-FINANCING: Not Applicable-Cash Transaction. 19 3-PAYMENT METHODS:The Purchase Price shall be paid,subject •va, - :1 in cash,by cashier's check or certified check at closing,unless otherwise provided for 20 in Financing Rider. �.v�=Vii 21 4'CLOSING: (a) Closing or escrow payout shall bean' �hree'mo •`tom date of acceptance or sooner by aareement 22 provided title deed if conforms win: 23 this contract or has been accepted by Purchaser,by conveyance by stamped -• •.tole warranty deed with release of Homestead Rights(or other appropriate deed if title is 24 in trust or in an estate)and payment of purchase price. 25 (b)Title shall be conveyed at the time required by this contract ..'.- only to:General taxes for 2001 and subsequent years; 2E 27 and building and liquor restrictions of record;zoning and building laws and ordinances;pavate public and utility easements; covenants and restrictions of record; party--well 29 ,: --- .. - .. .;ads done or suffered by or through the Purchaser . . . . 30 (c)This sale shall be closed at office of Purchaser's mortgagee or,if none,at office of listing broker,or as specified below: 31 (Name) CHICAGO TITLE INSURANCE COMPANY (Address) SKOKIE OFFICE.8707 Skokie Blvd.Skokie.IL 32 or,at request of either party,in escrow with the title company issuing the title commitment by dead and money escrow;fee to be divided between Seller and Purchaser. 33 6-PRORATIONS:Real Estate taxes(based on 110 %d most recent ascertainable taxes);assignable insurance policies,if requested by Purchaser;rents,if an,. 34 water taxes and other proratable items including flood hazard insurance shall be prorated to date of possession. Parties hereto agree to reprorate whea --ree sear: 35 tax bill is available. Reprorations survive closing;if amount due is not paid in days after demand,then the compound interest due shall be 36 r•POSSES810N:Possession,subject to leases and tenancies,shall be delivered on CLOSING provided sale has been cloned. .. 37 (a)Use and Occupancy. At closing,Seller shall pay to Purchaser$ per day for use and occupancy commencing the first day after closing up to and including the date possession is to be surrendered or on a monthly basis,whichever period is shorter. Purchaser shall refund any payment made for use and 39 39 occupancy beyond the date possession is surrendered. 41 (b)Possessfon Escrow. N closing, Seller shall deposit with escrowee designated In Paragraph 7 below the sum of$ to guarantee possession on or before date set forth above,which sum shall be held from the net proceeds of the sale on escrow's form of receipt.If Seller does not surrender possession 42 as above,Seller shall pay to Purchaser in addition to the above use and occupancy,the sum of 10%of said possession escrow per day up to and including day possession I-. 43 surrendered to Purchaser plus any unpaid use and occupancy to the date possession is surrendered,said amount(s)to be paid out of escrow and the balance,if any,to La 44 turned over to Seller;and acceptance of payments by Purchaser shall not limit Purchaser's other legal remedies. 45 7-EARNEST MONEY:Earnest money and this contract shall be held by Seller for the benefit of the parties hereto, 48 8-ATTORNEY APPROVAL',This contract is contingent upon the approval hereof as to form by the attorneys for Purchaser and Seller within 10 WORKING days after Seller's acceptance of this contract.Notices shall be given pursuant to Paragraph 11 on the reverse side hereof. 9-INSPECTION: Purchaser 51 may secure at Purchaser's expense (unless otherwise provided by governmental regulations) a popery, radon, and/or wood infestation 52 inspections)of said Real Estate by a professional inspection service(s). Purchaser shall serve notice upon Seller of any defects, disclosed by the Inspection(s), which 53 are unacceptable to the Purchaser,together with a copy of the report(s)within 10 WORKING days alter acceptance of this Contract. IN THE ABSENCE OF NOTICE 54 WITHIN THE THE SPECIFIED, THIS PROVISION SHALL BE DEEMED WANED BY THE PARTIES AND THIS CONTRACT SHALL REMAIN IN FULL FORCE AND 55 EFFECT.If within five(5)calendar days after receipt of such notice and report(s),agreement cannot be reached by the parties as to how the cost of correction shall be 56 apportioned between the parties, then either party may terminate this Contract by written notice to the other Party and THIS CONTRACT SHALL BE NULL AND 57 VOID AND THE EARNEST MONEY REFUNDED TO PURCHASER UPON WRITTEN DIRECTION OF THE PARTIES TO ESCROWEE.. The properly inspection shall cover, 58 but not be limited to the major components of the Real Estate:central heating_t:to:T;s), os:d:al coding s yslarcls), .m•enJr plumbing system,electrical system,m,rooi,walls, 50 cabals,floors and foundation.A major component shall be deemed to be in operating condition if it performs the f unction for which it is intended, regardless of age. 61 PURCHASER AGREES THAT DISCLOSURE OF MINOR REPAIRS AND ROUTINE MAINTENANCE ITEMS ARE NOT A PART OF THIS CONTINGENCY. Purchaser shall 62 indemnity Seller from and against any loss or damage to the real estate caused by acts of negligence of Purchaser or the person(s)performing such inspection. 63 10-LEAD BASED PAINT TESTING CONTINGENCY: This contract is contingent upon an inspection or risk assessment of the property for the presence of lead based 64 paint and/or lead-based paint hazards. This inspection/assessment shall be conducted by an inspector/contractor licensed as required by law at Purchaser's expense 65 within 10 calendar days of acceptance of this contract by Seller.This contingency shall be deemed waived unless Purchaser delivers to Seller written notice of specific 66 existing deficiencies,together with a copy of the inspection and/or risk assessment report. Seller may, at Seller's option,within 2 days after delivery of said notice from 67 Purchaser, elect to correct or NOT correct the deficiencies prior to closing and shall give written notice of such election to Purchaser If Seller elects to correct the 68 deficiencies, Seller shall furnish to Purchaser prior to closing certy'ication that such deficiencies have been corrected. If Seller elects NOT to correct such deficiencies 69 Purchaser,at Purchaser's option and upon notice to Seller within 2 days after delivery of Seller's election not to correct,may declare this contract void or may elect to 70 purchase property subject to the deficiencies. Purchaser may remove this contingency at any time without cause. Purchaser shall indemnity Seller from and against any 71 loss or damage to the real estate caused by acts of negligence of Purchaser or the person(s)performing such inspection. 72 73 74 The terms of the Rider(s)contacting of pages attached hereto is made a pad hereof. 75 76 77 PURCHASER'S NAME(Type or NM): THE VILLAGE OF MORTON GROVE Wk EIN:36-600-6007 78 79 BY: r �n SALES TAX EXEMPTION NO. we E9998149104 81 `/ 82 PURCHASER Address 6101 CAPULINA AVENUE 83 84 ITS PRESIDENT as MORTON GROVE ILLINOIS 60053 as 87 City State Zip as as 90 arrco:rnkf_e!1e fiCFCB ray PFl I FR: 91 _ . _..- `r 92 •has 3-44-dc- 6 -0. 2002 -•va accept this offer and agree to perform and convey according to the terms of contract. 93 94 95 SELLER'S NAME(Type or Print) MC, Ise. SSN: j L-413 1/8 y.1 96 97 s8 99 BY: SSN: � 100 SELLER .Its Presides: Address 867 UNCOLN AVENUE 101 102 , 103 • � 002 SELLER [��a �' WINNETKA ILLINOIS 60008 115 ply state Zip 106 107 Phone:847-446-4825 Fax: 108 109 THE PROVISIONS APPEARING ON THE REVERSE SIDE HEREOF ARE AN INTEGRAL PART OF THIS CONTRACT. 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The President and Board of Trustees directed Corporation Counsel to confirm and negotiate acquisition of the aforesaid property, including, but not limited to price, terms, and other requests concerning the purchase/acquisition of the above referenced site, with parameters of the price to be paid regarding the aforementioned site; and WHEREAS, Corporation Counsel was authorized and directed to prepare the necessary documents to effect the purchase of the property in question, containing the items and parameters of the terms discussed; and WHEREAS, the laws and statutes of the State of'Illinois specifically authorize the Corporate Authorities to purchase, acquire, lease and/or license municipal property for public purposes; and WHEREAS, the Corporate Authorities have considered the purchase/acquisition of the above property in question to be land banked for possible future redevelopment within the Lehigh/Ferris TIF District all in accordance with the long term plans of the Village of Morton Grove; and the Village has further determined the proposed purchase/acquisition as presented should be acted upon in the best interests of the Village of Morton Grove. NOW, THEREFORE BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MORTON GROVE, COOK COUNTY, ILLINOIS AS FOLLOWS: SECTION 1. The Corporate Authorities do hereby incorporate the foregoing WHEREAS clauses into this Ordinance as though fully set forth herein thereby making the findings as hereinabove set forth. SECTION 2. It is hereby determined that this action is necessary and desirable as well as in the best interests of the public good to acquire title and possession of the above property in question. SECTION 3. The Village President and Village Clerk of the Village of Morton Grove be and they are hereby authorized to execute agreements/documents concerning the real estate acquisition of 8 614 Ferris Avenue, Morton Grove, Illinois at a price of $140,000.00, all in accordance with the contract attached hereto as "Exhibit A." Further, the Village of Morton Grove has properly budgeted and appropriated sufficient funds for the purchase/acquisition as proposed, and has further determined all requirements concerning the purchase/acquisition of the property have been satisfied. SECTION 4. The respective officers, Village Administrator, Corporation Counsel, agents and Village staff be and they are hereby authorized to take all necessary action to implement, complete and negotiate any and all unresolved issues, and complete the purchase/acquisition as proposed in the agreements attached hereto. SECTION 5. Further, the appropriate officers be and are hereby authorized to prepare, execute, and deliver any and all documents reasonably necessary to effect the purchase/acquisition of the property and to cause the expenditure of funds necessary to implement and complete the purchase/acquisition of the property as described in "Exhibit A" including but not limited to deeds, contracts, memos, letters of intent, affidavits, title indemnity agreements, personal undertakings, HUD or RESPA agreements, and lease agreements, if necessary. SECTION 6. Further, the President and Board of Trustees do hereby ratify and confirm all previous actions taken and related to the proposed purchase/acquisition of the property as set forth in "Exhibit A." SECTION 7. The Corporate Authorities further authorize and direct, if necessary, the Villa•e Administrator or his designee, to enter into rental agreements under terms and conditions as authorized by the Village Administrator, the Real Estate Committee, Corporation Counsel, and Board of Trustees. SECTION 8. This Ordinance shall be published pursuant to the statutes of the State of Illinois and shall be in full force and effect from and after its passage, approval and publication in pamphlet form, according and pursuant to the law and statutes of the State of Illinois: PASSED this 136 day of May 2002. Trustee DiMaria lXG� i q Trustee Gomberg Trustee'Carp Trustee Liston Trustee Moll _ Trustee Weiss APPROVED by me this 13th day of May 2002. Daniel D. Scanlon,V i age President Village of Morton Grove Cook County, Illinois _ APPROVED and FILED in my office this 13th day of May 2002. / Marilyn Sneid- 'Acting - Clerk Village of Merton Grove Cook County, Illinois C:\Data\WordDocs\Village of Morton Grove\ORDINANCE5'02-_to acquire,maintain and lease 5714 Fenis.doc • • • - • • REAL ESTATE CONTRACT-APARTMENTS/INVESTMENTS • • WHEN EXECUTED BY ALL PARTIES THUS WILL BECOME A a er_er R v BINDING AND ENFORCEABLE - CONTRACT .' .. t Tv ORMc Inc t/a Hank and Barbara Ck010 DATA MARCH ;2002 - a E2BI aR aie4 Pwnw)arb saw Ms sal nos NO.n.0 .. §614 brad Avenue - e Mar MORTON GROVE COOK 40053 ., • T CSY Cony IL als Wag Swan n=MA A■min WO.pymbnrlr 2ta WS ,Tans yM" e 1ara9 W.M Waal Pawl Wag lMbPag b wale f IS Owed n b w Was e d b An era.bras• b~ a an so_ • wawa and own Wad la w SW caper sack cumin mac Wavy amen Waded TV bag rot,area nogg,swami Win ad prdaq - • A rbind word, Wag,nab deab s,caesb u Samba wrap;pear Wow naafi wayna-O n4 dear DADA sod ' iF cos Mirkawpdbg;.air amen ado oil sr wane; Wales.- ea°nspa Wawa . a Y0aalyj TM Wong WI baaWn �spcwa~obr.brbgapwtcAm to / ,PwaweMb! 140000.00 anal anal Way S 2Q�0.00 - • 1p a VMaae Oshawa M{ 2002 ,^ - mbar r Wen sepmmy(is aw and caw WM he ^'paa°r tT NW arlMaoawab .W wog d94°dWea POD sail --lr PM sderSar PasarnM1T. nab WI r wad wry ad Oawhama ad as rap be ad a ad awnnar d a '��f.r 9.Ma.v+Pdsm.nab B.Y. 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BQ LINCOLN AVENUE . • • • COMMITMENT FOR TITLE INSURANCE Chicago Title Insurance Company Providing Tide Related Services Since 1847 CHICAGO TITLE INSURANCE COMPANY,a Missouri corporation,herein called the Company,for a valuable consideration,hereby commits to issue its policy or policies of title insurance,as identified in Schedule A (which policy or policies cover title risks and are subject to the Exclusions from Coverage and the Conditions and Stipulations as contained in said policy/ies)in favor of the proposed Insured named in Schedule A,as owner or mortgagee of the estate or interest in the land described or referred to in Schedule A,upon payment of the premiums and charges therefor,all subject to the provisions of Schedules A and B hereof and to the Commitment Conditions and Stipulations which are hereby incorporated by reference and made a part of the Commitment.A complete copy of the Commitment Conditions and Stipulations is available upon request and such include,but are not limited to,the proposed Insured's obligation to disclose,in writing,knowledge of any additional defects,liens, encumbrances,adverse claims or other matters which are not contained in the Commitment;provisions that the Company's liability shall in no event exceed the amount of the policy/ies as stated in Schedule A hereof,must be based on the terms of this Commitment,shall be only to the proposed Insured and shall be only for actual loss incurred in good faith reliance on this Commitment;and provisions relatin. to the General Exceptions,to which the policy/ies will be subject unless the same are disposed of to the satisfaction of the Company. This Commitment shall be effective only when the identity of the proposed Insured and the amount of the policy or policies committed for have been inserted in Schedule A hereof by the Company,either at the time of the issuance of this Commitment or by issuance of a revised Commitment. This Commitment is preliminary to the issuance of such policy or policies of title insurance and all liability and obligations hereunder shall cease and terminate six months after the effective date hereof or when the policy or policies committed for shall issue,whichever first occurs,provided that the failure to issue such policy or policies is not the fault of the Company. This Commitment is based upon a search and examination of Company records and/or public records by the Company. Utilization of the information contained herein by an entity other than the Company or a member of the Chicago Title and Trust Family of Title Insurers for the purpose of issuing a title commitment or policy or policies shall be considered a violation of the proprietary rights of the Company of its search and examination work product. This Commitment shall not be valid or binding until signed by an authorized signatory. Issued By: CHICAGO TITLE INSURANCE COMPANY By CHICAGO TITLE INSURANCE COMPANY 8501 W. HIGGINS RD. #420 CHICAGO, IL 60631 thonzed Signatory Refer Inquiries To: Ri 3 (773)399-1200 Commitment No.: I Taos 008051174 PK I co€nurra/oodg SS1 10/28/02 CHICAGO TITLE INSURANCE COMPANY COMMITMENT FOR TITLE INSURANCE SCHEDULE A YOUR REFERENCE: VILLAGE OF MORTON GROVE ORDER NO. : 1409 008051174 PK EFFECTIVE DATE: AUGUST 28, 2002 1. POLICY OR POLICIES TO BE ISSUED: OWNER'S POLICY: ALTA OWNERS 1992 AMOUNT: $140,000.00 PROPOSED INSURED: VILLAGE OF MORTON GROVE 2. THE ESTATE OR INTEREST IN THE LAND DESCRIBED OR REFERRED TO IN THIS COMMITMENT AND COVERED HEREIN IS A FEE SIMPLE UNLESS OTHERWISE NOTED. 3. '1'I'1 LE TO SAID ESTATE OR INTEREST IN SAID LAND IS AT THE EFFECTIVE DATE VESTED IN: OLLIRIC, INC. 4. MORTGAGE OR TRUST DEED TO BE INSURED: NONE R2CSCHAI SS1 PAGE Al JL2 10/28/02 12 :03:04 CHICAGO TITLE INSURANCE COMPANY COMMITMENT FOR TITLE INSURANCE SCHEDULE A (CONTINUED) ORDER NO. : 1409 008051174 PK 5. THE LAND REFERRED TO IN THIS COMMITMENT IS DESCRIBED AS FOLLOWS: LOT 3 IN BLOCK 1 IN BINGHAM AND FERNALD'S MORTON GROVE SUBDIVISION A SUBDIVISION OF PART OF LOT 40 OF COUNTY CLERKS DIVISION OF SECTION 20 AND THE EAST 1/2 OF THE NORTHEAST 1/4 OF SECTION 19, TOWNSHIP 41 NORTH, RANGE 13 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS CRLEGAL SS1 PAGE A2 JL2 10/28/02 12:03 :04 CHICAGO TITLE INSURANCE COMPANY COMMITMENT FOR TITLE INSURANCE SCHEDULE B ORDER NO. : 1409 008051174 PK 1. WE SHOULD BE FURNISHED A PROPERLY EXECUTED ALTA STATEMENT AND, UNLESS THE LAND INSURED IS A CONDOMINIUM UNIT, A SURVEY IF AVAILABLE. MATTERS DISCLOSED BY THE ABOVE DOCUMENTATION WILL BE SHOWN SPECIFICALLY. 2 . NOTE FOR INFORMATION: THE COVERAGE AFFORDED BY THIS COMMITMENT AND ANY POLICY ISSUED PURSUANT HERETO SHALL NOT COMMENCE PRIOR TO THE DATE ON WHICH ALL CHARGES PROPERLY BILLED BY THE COMPANY HAVE BEEN FULLY PAID. A 3 . 1. TAXES FOR THE YEARS}-IBOYs2002 2002 TAXES ARE NOT T DUE OR PAYABLE. 1A. NOTE: 2001 FIRST INSTALLMENT AS DUE MARCH 01, 200 f NOTE: 2001 FINAL INSTALLMENT _41/40/712.-/e2 f ' PERM TAX# PCL YEAR 1ST INST STAT 10-20-111-003-0000 1 OF 1 2001 $2,893 .34 PAID * * * * * * * * * * * * * * • * * • * * * • • * * * * * • * * * * * • • * * * * 'Sj CAUSE OF PROCEDURES INSTITUTED BY THE COOK COUNTY TREASURER, THE COMPANY l ��NVV�� QUESTS THAT ORIGINAL TAX BILLS BE FURNISHED WHENEVER THE COMPANY IS U vU.,v QUESTED TO PAY TAXES. IF ORIGINAL TAX BILLS ARE NOT FURNISHED, THE COMPANY ILL COLLECT ADDITIONAL FEES FOR EACH TAX NUMBER TO PAY CHARGES IMPOSED BY THE j COOK COUNTY TREASURER FOR THE PRODUCTION OF DUPLICATE TAX BILLS. FURTHER, BECAUSE OF DELAYS BY THE COOK COUNTY TREASURER IN PRODUCING DUPLICATE TAX BILLS, THE COMPANY WILL HOLD BACK FROM CLOSING ADDITIONAL FUNDS TO PAY INTEREST THAT WILL ACCRUE BECAUSE OF THE TREASURER'S PROCEDURES. C 5 . MUNICIPAL REAL ESTATE TRANSFER TAX STAMPS (OR PROOF OF EXEMPTION) MUST ACCOMPANY ANY CONVEYANCE AND CERTAIN OTHER TRANSFERS OF PROPERTY LOCATED IN MORTON GROVE. PLEASE CONTACT SAID MUNICIPALITY PRIOR TO CLOSING FOR ITS SPECIFIC REQUIREMENTS, WHICH MAY INCLUDE THE PAYMENT OF FEES, AN INSPECTION OR OTHER APPROVALS. D 6. WE SHOULD BE FURNISHED A CERTIFIED COPY OF THE DIRECTORS' RESOLUTIONS AUTHORIZING THE CONVEYANCE OR MORTGAGE TO BE INSURED. SAID RESOLUTIONS SHOULD EVIDENCE THE AUTHORITY OF THE PERSONS EXECUTING THE CONVEYANCE OR MORTGAGE. IF THEY DO NOT, A CERTIFIED COPY OF THE CORPORATE BY-LAWS ALSO SHOULD BE FURNISHED. IF SAID CONVEYANCE OR MORTGAGE COMPRISES ALL OR SUBSTANTIALLY ALL THE CORPORATION'S ASSETS, WE ALSO SHOULD BE FURNISHED A CERTIFIED COPY OF THE SHAREHOLDER/MEMBER RESOLUTIONS WHICH AUTHORIZE SAID CONVEYANCE OR MORTGAGE. THIS COMMITMENT IS SUBJECT TO SUCH FURTHER EXCEPTIONS, IF ANY, AS MAY BE DEEMED NECESSARY AFTER OUR REVIEW OF THESE MATERIALS. RCSCHBI SS1 PAGE B1 JL2 10/28/02 12 :03:06 CHICAGO TITLE INSURANCE COMPANY COMMITMENT FOR TITLE INSURANCE SCHEDULE B (CONTINUED) ORDER NO. : 1409 008051174 PK .1 • p, 41 =-• BE FURNISHED A STATEMENT THAT THERE IS NO PROPERTY MANAGER EMPLOYED u TO • •GE THE LAND, OR, IN THE ALTERNATIVE, A FINAL LIEN WAIVER FROM ANY SUCH PRO' =RTY MANAGER. G 8. EXISTING UNRECORDED LEASES AND ALL RIGHTS THEREUNDER OF THE LESSEES AND OF ANY PERSON OR PARTY CLAIMING BY, THROUGH OR UNDER THE LESSEES. H 9. NOTE FOR INFORMATION (ENDORSEMENT REQUESTS) : ALL ENDORSEMENT REQUESTS SHOULD BE MADE PRIOR TO CLOSING TO ALLOW AMPLE TIME FOR THE COMPANY TO EXAMINE REQUIRED DOCUMENTATION. (THIS NOTE WILL BE WAIVED FOR POLICY) . 1 10. INFORMATION NOTE: TO SCHEDULE A CLOSING IN OUR CHICAGO HIGGINS OFFICE, OR TO RECEIVE CLOSING FIGURES, PLEASE CALL (773) 399-1200. TO FAX FIGURES TO OUR CHICAGO HIGGINS OFFICE PLEASE FAX TO (773) 864-1607. FOR MORE INFORMATION OR DIRECTIONS, PLEASE VISIT OUR WEBSITE AT WWW.CMETRO.CTIC.COM. ** END ** RRCSCHHC PAGE B 2 SS1 JL2 10/28/02 12:03 :06 Fidelity National Financial Group of Companies'Privacy Statement July 1,2001 We recognize and respect the privacy expectations of today's consumers and the requirements of applicable federal and state privacy laws. We believe that making you aware of how we use your non-public personal information ("Personal Information"),and to whom it is disclosed,will form the basis for a relationship of trust between us and the public we serve. This Privacy Statement provides that explanation. We reserve the right to change this Privacy Statement from time to time consistent with applicable privacy laws. In the course of our business,we may collect Personal Information about you from the following sources: - From applications or other forms we receive from you or your authorized representative; - From your transactions with,or from the services being performed by,us, our affiliates,or others; - From our internet web sites; - From the public records maintained by governmental entities that we either obtain directly from those entities,or from our affiliates or others;and - From consumer or other reporting agencies. Our Policies Regarding the Protection of the Confidentiality and Security of Your Personal Information We maintain physical,electronic and procedural safeguards to protect your Personal Information from unauthorized access or intrusion. We limit access to the Personal Information only to those employees who need such access in connection with providing products or services to you or for other legitimate business purposes. Our Policies and Practices Regarding the Sharing of Your Personal Information We may share your Personal Information with our affiliates,such as insurance companies,agents,and other real estate settlement service providers. We may also disclose your Personal Information: - to agents,brokers or representatives to provide you with services you have requested; - to third-party contractors or service providers who provide services or perform marketing or other functions on our behalf;and - to others with whom we enter into joint marketing agreements for products or services that we believe you may fmd of interest. In addition,we will disclose your Personal Information when you direct or give us permission,when we are required by law to do so,or when we suspect fraudulent or criminal activities. We also may disclose your Personal Information when otherwise permitted by applicable privacy laws such as,for example,when disclosure is needed to enforce our rights arising out of any agreement,transaction or relationship with you. One of the important responsibilities of some of our affiliated companies is to record documents in the public domain. Such documents may contain your Personal Information. Right to Access Your Personal Information and Ability To Correct Errors Or Request Changes Or Deletion Certain states afford you the right to access your Personal Information and,under certain circumstances,to find out to whom your Personal Information has been disclosed. Also,certain states afford you the right to request correction,amendment or deletion of your Personal Information. We reserve the right,where permitted by law,to charge a reasonable fee to cover the costs incurred in responding to such requests. All requests must be made in writing to the following address: Privacy Compliance Officer Fidelity National Financial,Inc. 4050 Calle Real,Suite 220 Santa Barbara,CA 93110 Multiple Products or Services If we provide you with more than one financial product or service,you may receive more than one privacy notice from us. We apologize for any inconvenience this may cause you. PRIVACY 07/01 OGG REAL ESTATE TAXES FOR CLOSING STATEMENT $ 2,893.34 2001 1ST INSTALLMENT- paid $ 3,418.16 2001 2ND INSTALLMENT-paid $ 6,311.50 TOTAL 2001 TAXES $ 631.15 $ 6,311.50 (2001 taxes) x 10% (look on sales contract for pro-ration amount) $ 6,311.50 TOTAL 2001 TAXES $ 631.15 10% ESTIMATED INCREASE IN TAXES $ 6,942.65 ESTIMATED 2002 TAXES $ 6,942.65 Total estimated 2002 Taxes $19.02 Total bill $ 6,942.65 divided by 365 days = $ 19.02 pro-rated amount $ 5,725.02 Pro-rated amount multiplied by#of days from January 1 through closing date (301 days) $ 5,725.02 Portion of estimated 2002 taxes (01/01/02 - 10/28/02) Crook County Treasurer's Office Page 1 of 2 n°3 , LOOK COUNTY TRERSURER'S OFFICE Printed copies of this information may not be used as a tax bill;to make a payment you nr tax bill. PAYMENTS Cook County Property Tax Information for PIN 10-20-111-003-0000. Payment Status 2001 PIN Information (This information is as of: 10/22, on-line Payment Tax Year:2001 Tax Type: Current Tax Volume: 117 PCL:3-97 Property Location Mailing Information By Mail Address: Taxpayer Name: At LaSalle Bank 8614 FERRIS AVE OLLIRIC INC In Peron City: MORTON GROVE Address: 867 LINCOLN AV State: IL Copy of ea City:WINNETKA By Legal Description STATE: IL Zip Code:60053-2882 Returned Chocks Tip Code:60093-1904 (To update contact the Cook County 2000 8 Prior Years Assessor's Office at 312-603-7509.) (To update click here.) Monitoring Your Mortgage Tax Information Home 1st Installment: Tax Amount Billed: $2893.34 Tax Due Date: 03/01/02 Sei<atlt StTC Last Payment Received: $2893.34 Date Received: 02/08/02 2nd Installment: Tax Amount Billed: $3418.16 Tax Due Date: 11/01/02 Last Payment Received: $3418.16 Date Received: 10/03/02 POYeM BY Current Balance Due: (As of 10/2212002) arc,E IN FOR MORE $ O"OO oc RE I FOR (If applicable,all penalties and fees are Included.) Search Again Use the above search field to search for property tax information. Enter your 14 digit PIN and then click"Submit. http://www.cookcountytreasurer.com/payments/status/payments.wu 10/28/02 REAL ESTATE TAXES FOR CLOSING STATEMENT $ 2,893.34 2001 1ST INSTALLMENT-paid $ 3,418.16 2001 2ND INSTALLMENT-paid $ 6,311.50 TOTAL 2001 TAXES $ 631.15 $ 6,311.50 (2001 taxes)x 10% (look on sales contract for pro-ration amount) $ 6,311.50 TOTAL 2001 TAXES $ 631.15 10 ESTIMATED INCREASE IN TAXES $ 6,942.65 ESTIMATED 2002 TAXES $ 6,942.65 Total estimated 2002 Taxes $19.02 Total bill $ 6,942.65 divided by 365 days= $ 19.02 pro-rated amount $ 5,725.02 Pro-rated amount multiplied by#of days from January 1 through closing date (301 days) $ 5,725.02 Portion of estimated 2002 taxes (01/01/02- 10/28/02) • Law Offices of Gabriel S. Berrafato & Associates 8720 Ferris Avenue Morton Grove,Illinois 60053-2843 Telephone(847) 965-2233 Facsimile(847) 967-2388 Gabriel S.Berrafato Marc S.Porter,of Counsel October 29, 2002 David O. Erb Treasurer/Finance Director Village of Morton Grove 6101 Capulina Morton Grove, IL 60053 In re: Acquisition of 8614 Ferris Avenue, Morton Grove, IL 60053 From: 011iric, Inc. c/o Frank and Barbara Cirillo Dear Dave: I am pleased to inform you that the above-entitled matter was consummated on Monday, October 28, 2002, at the Chicago Title Insurance Company office. Accordingly, enclosed please find the following: 1. A check in the sum of$684.96, representing the over deposit by the Village in view of the error of proration of taxes. The original Village check was in the sum of $133,312.94. 2. Copy of the original contract between the parties. 3. Copy of the waived Title Commitment for insurance before the issuance of the Policy. 4. Copy of the Sellers' Closing Statement, which has an error in the tax proration as sell as the fact that the 2nd installment of the taxes were paid. 5. Copy of my office's calculation of the taxes, which show the 2nd installment paid and the proration of taxes for 2002 at 110% proration being the sum of $5,725.02. 6. Copy of the Warranty Deed from 011iric, Inc. to the Village dated 10/28/02. 7. Copy of the RESPA/HUD Statement between the parties, which shows a full breakdown of the costs and expenses of the transaction. 8. Copy of the spotted Plat of Survey (in duplicate). Please forward one copy to Ed Hildebrandt, Building Commissioner, for his files. As you know and from the figures contained herein, the Village has received credit in the sum of$5,725.02 for the 2002 Real Estate Taxes, which have not been billed, nor due, at the rate of 110% of the 2001 taxes. In view of the obligation of the Village to pay the 2002 taxes, these monies should be held or allocated separately since the 2002 taxes will have to be paid by the Village when billed. Law Offices of Gabriel S. Berrafato & Associates uavia u. trio Treasurer/Finance Director October 29, 2002 Page 2 In view of the fact that the building is not in the greatest of shape plus the tax assessment would be reduced if and when the building is demolished, it would be my recommendation that we demolish the building as soon as possible. I requested that Mr. Hildebrandt board up the building, at least in the rear, to avoid any problems. When the recorded Deed is received along with the issued Title Policy, I will forward copies for your records. If you need anything further, please advise. Very truly yours, 64?"' i,„:„E„., � n GABRIEL S. BERRAFATO GSB/amz Enclosure(s) c: Larry N. Arft, Village Administrator (Letter only) C 1DATA\WOR000CSVSIAOE OF MORTON GROVENCOIHSNIONSBSI4 FERRIS GRILLO(OLtUIC)10.20.111-0100WERE LIR 10-2902 CONSUMMATION OF PURCHASE DOC 10/30/2002 11:47 FAX 847 2720804 WIMTERNITZ INC. X001 FAX • • DATE: October 30, 2002 TO: TIM ANGELL FAX: 847-965-4162 FROM: Barbara Grillo 011iric, Inc. SUBJ: 8614 Ferris Avenue I called and cancelled service as of 10/28/02 for the utilities. Here are the account numbers so you can change them to the Village of Morton Grove: • • ComEd • Account 2130496018 • Meter 121522724 Nicor Account 1-09-38-6396-5 Meter 3146413 • Village of Morton Grove—Water • Account 002921-000 :Steven Drazner From: Ed Hildebrandt Sent: Thursday, October 31, 2002 7:51 AM To: Steven Drazner Subject: RE: 8614 Ferris Utilities Per Larry, we will disconnect utilities rather than change account names. I will handle the disconnects. Ed -----Original Message----- From: Steven Drazner Sent: Wednesday,October 30,2002 1:36 PM To: Ed Hildebrandt Cc: Timothy Angell Subject: 8614 Ferris utilities Ed The previous owners of 8614 Ferris cancelled service as of 10/28 for Coin Ed and Nicor. Is it necessary for us to put these utilities in the Village's name since our intention is to demolish the building in the near future? Steven Draraer- Village of Morton Grove Extension 6189 Phone(847)663-6189 Fax(847)965-4162 1 4r ral; Village of eNorton grove s � Office of the Village Administrator January 12, 2000 Barbara J. Cirillo 011iric Inc. 867 Lincoln Avenue Winnetka, Illinois 60093-1904 • RE: Sale of property to the Village of Morton Grove Dear Ms. Cirillo: • I apologize for the delay in responding to your correspondence dated December 21, 1999. Unfortunately, because of the holidays I did not have an opportunity to discuss this matter with the Board of Trustees until earlier this week. The Village Board did authorize me to contact you indicating the Village would indeed have an interest in acquiring 8614 Ferris provided the terms and conditions, including the proposed sale price, are appropriate. Trustees asked me to inquire as to your asking price for the property, and to also request any appraisals or other information you might have which would support that asking price. Upon receipt of that material, the Village will further evaluate this offer. In the interim, should you have any questions or need additional information, do not hesitate to contact my office. Sincere . Arft age Administrator LNA/mk cc: Village President and Board of Trustees Charles Scheck, Director, Community Development Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove, Illinois 60053-2985 Tel: (847) 965-4100 • TDD (847) 470-5249 • Fax: (847) 965-4162 i, Recycled Paper Of/inn/ic ✓pp/2c. Property marza�rement 867 o/incoin venue VV4nnetha, 3/60093-1904 847-446-4825 December 21, 1999 Mr. Larry Ark Village of Morton Grove _ _ ; 1 J3 6101 Capulina Avenue Morton Grove, IL 60053-2985 Dear Mr. Arft: My husband and I attended the November 29, 1999 meeting regarding the Lehigh Avenue/Ferris Avenue Tax Increment Financing Redevelopment Plan. We purchased the single-story commercial building at 8614 Ferris in August of 1998. Our original intention was to remodel the back half of the building that was formerly used as a car repair shop and use it to store equipment from our electrical contracting business. However, after learning about the plan to redevelop the area, we decided not to proceed with the work. During our telephone conversation earlier this month, you asked me to send you letter expressing our interest in selling the property to the Village of Morton Grove. The property is the first building off the southwest corner of Ferris and Capulina. The front half of the building consists of a small store front office space and a 6-room apartment; the back half of the building is a garage. The store front office and the apartment are currently rented by two different tenants (there are no leases). I spoke with Mike Tracey of Design Installations on October 26, and he expressed an interest in renting the garage space to store material for the 16-unit building he is constructing on Capulina. I have not spoken with Mike Tracey since then, but if the Village is interested in purchasing the property and would like to have the property entirely rented on a short-term basis, that seems like a possibility. We would appreciate hearing from you whether the Village is seriously interested in purchasing this property, and, if so, what your offer would be. You had mentioned on the telephone that the TIF would not be in place until February, but we are hoping that you could make some tentative decision in January. I can be reached during the week at my office between 8:00 a.m. and 4:30 p.m. at 847- 581-6427. Si�ncerr(ely, QA Barbara J. 11o