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8600 FERRIS
� E 57'.1Tg'p�..,,, 04 �_ art'' Illinois Department of Revenue s/_/,/JAj// 0,„" o Office of Local Government Services, 3-520 k//i ,. -a �j 101 West Jefferson Street * ' ` Springfield, Illinois 62702 Illinois Department of Revenue °� It- docket no.: 03- 16-1682 Telephone: 217 785-2252 County reference no.: 94443 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: 10-20-111-009-0000 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 10-0000051 Cook County Treasurer's Office Page 1 of 2 MARIA PAPPAS COOK COUNTY Cook County +� Treasurer :,...x.411, TREASURER'S OFFICE 1::t:_ I vcis PAYMENTS EXEMPTIONS/ REFUNDS SERVICES FOR UNDERSTANDING TAX DATES MORTGAGE FORMS INHERITANCE ABOUT THE CONTACT US SAVINGS SENIORS YOUR TAX BILL COMPANIES OFFICE Cook County Property Tax & Payment Information PAYMENTS Printed copies of this information may not be used as a tax bill. Payments must be submitted with original tax bill. Payment Status Property Index Number(PIN): 10-20-111-009-0000 Online Payment By Mail 2003 Tax Year Information - Payable in 2004 At LaSalle Bank Tax Year:2003 Tax Type:Current Tax Volume: 117 PCL:0-00 In Person Property Location 8600 FERRIS AVE Get a Copy of Bill MORTON GROVE, IL 60053-2829 By Legal Description (To update contact the Cook County Assessor's Office at 312-443-7550.) Returned Checks Mailing Information Exemption Information Prior Years Homeowner Exemption Received: NO Senior Citizen Exemption Received: NO Pre Payment Senior Freeze Exemption Received: NO If taxes were sold ,00000-0000 If you are entitled to an exemption you did not Home (To update click here.) receive,CLICK HERE To check if you received exemptions on previous tax years,CLICK HERE Research a Topic: Tax Payment Information Research our ever- expanding library of Last Payment I Date useful topics. Installment Tax Amount Billed I Tax Due Date Received Here. Received ceived POWERED BY 1st $0.00 I 03/02/2004 I $0.00 icvo CLICK HERE FOR 2nd I $0.00 I 11/15/2004 $0.00 I MORE INFO Balance Due 0.00 PRINTABLE VtRSio.l This information is as of: 11/08/2004 The Cook County Clerk's office can help you with redemption and delinquent inquiries on prior year's taxes. You may reach the Clerk at: Main Number:(312)603-5656 11/9/2004 9:24:23 AM a -:e.• r 4; village tr --\- 0- of c1orton rove .. .., /Lk Office of the Corporation Counsel Telephone 847/965-4100x6228 July 26,2004 Fax 847/965-4162 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: 10-20-111-009-0000 Commonly know as: 8600 Ferris,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. 1. Photograph of site. 2. Copy of survey. 3. Copy of deed. 4. 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. Sincerel I r)111' A Teresa Hoff . , Liston Corporation Counsel TFI mk Legal/real estate/Patlak let ref non-homestead Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove, Illinois 60053-2985 It Tel: (847) 965-4100 • TDD (847) 470-5249 • Fax: (847) 965-4162 Nu 0 Recycled Paper c) 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 10-20-111-009-0000 County in which property is located Parcel identifying number 2 Village of Morton Grove, Illinois t.Attach a 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 8600 Ferris 7 Dimensions or acreage of this property 40 x 10 5 Street address of property Morton Grove, IL 60053 8 11/30/2000 City ZIP Date of ownership 4 Village of Morton Grove t■Attach a copy 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"Yes,"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 ILCS 200/ 15/ "t^_ Or _ ILCS_/ 12 Yes X No Is any income derived from this property? If"Yes,"explain in detail. jd applible, attach a copy of any contracts or 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 X No If granting this application will reduce the property's assessed valuation by$100,000 or more, has the municipality, tAttach n tires school district, and community college district in which the property is located been notified that this application has and postal been filed? 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 6/3/03 . 16 N/A'es 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) of this information is REQUIRED.This form has been approved by the Forms Management Center. IL-492-1157 Part 4: Attach documentation The following documents must be attached: • Proof of ownership (copy of the deed,contract for deed, title insurance policy, condemnation order and proof of payment, etc.) • Picture of the property • Notarized affidavit of use • Copies of any contracts or leases on the property The documents identified on Lines 18 through 23 may be attached to expedite processing.Mark an"X"next to any documents that are attached. 18 Audited financial statements for the most recent year 21 _ Plot plan of each building's location on the property with each 19 Copy of the applicant's bylaws and complete certified building and land area labeled with parcel identifying numbers recorded copy of Articles of Incorporation, including purpose and specific uses clause and all amendments 22 Copy of any Illinois Department of Revenue Exemption 20 Copy of the notices to the municipality,school district, and Certificate community college district in which the property is located 23 Other(list) and postal return receipts if granting this application will reduce the property's assessed valuation by$100,000 or more Part 5: Identify the person to contact regarding this application 24 Teresa Hoffman Liston 25 Name of applicant's representative Owner's name(if the applicant is not the owner) 6101 Capulina Mailing address(include rural route or P.O.box,if applicable) Mailing address(include rural route or PO.box,if applicable) Morton Grove, IL 60053 • City State ZIP City State ZIP (847 )965 — 4100 x 6228 ( ) — Phone number Phone number Part 6: Signature and notarization State of Illinois County of Cook ) SS. • I, Teresa Hoffman Liston Corporation Counsel, being duly sworn upon oath, say that I have read (Name) (Position) the for applicati n and s all •f the information is true and correct to the best of my knowledge and belief. (Affiant'ssignatu e) ��// nn'' OFFICIAL SEAL Subscribed and sworn to be ire m this day of 2f. 7Jf'/_ ,20(4. SUSAN LATTANZI l 66/l� i NOTARY hMC OMIT as�Lwo� SON Ef91ES: 11606 (Notary Pub Part 7: County Board of Review statement of facts 26 Current assessment $ For assessment year 20......... 27_Yes No Is this exemption application for a leasehold interest assessed to the applicant? If"Yes,"write the Illinois Department of Revenue docket number for the exempt fee interest to the owner, if known. —_ _————— 28 State all of the facts considered by the County Board of Review in recommending approval or denial of this exemption application. 29 County Board of Review recommendation Full year exemption Partial year exemption From To Partial exemption for the following described portion of the property: Deny exemption 30 Date of Board's action Part 8: County Board of Review certification I hereby certify this to be a correct statement of all facts arising in connection with proceedings on this exemption application. Mail to: OFFICE OF LOCAL GOVERNMENT SERVICES EXEMPTION SECTION (3-520) Clerk(or Secretary in Cook County)of the County Board of Review's signature ILLINOIS DEPARTMENT OF REVENUE 101 WEST JEFFERSON STREET PTAX-300 back(R-3/03) SPRINGFIELD IL 62702 1 : --• - • -gk _ •°° , ' :41 -"%s• • ..st •'•s- sk. - - - . . . . • AP:PROVE: DOILDINO PERMIT DEPARTMENT a,- ajiLI;IOS Village Of Morton Grove L101 Capulina •r. • k-i■■rieiJ. I tie Fil,j . ZO/07/0.3 ove IL 6007J3 Api.Ji-uv,,A1 has been given a fo. a. DEAOLITION Desi:_fiptio.. . DEMO :1OOSE :=W41) OARAO: 1.-UtIC:1.4 • 5., L.- 1. ,-- ..L.1— ; T . P . 3T; 4s- Unii, s : 0 Area: 0 sq. ft E.eUiom L1 ValLle of Permit Work : $0 at : 6600 FERRIS AV, Nui-Luil Gruve, - • 14 . “ . Yr • wi j 1 ; 9.V9..;-:,:,;•-•;;__ al 79. v;i: al Pttr t 22:- 11 00a:- 2:02=2, if Lor. e, i,ns to . V I L. OF RT G Telephone . 847-S65-4100 6101 CAPULINA MORTON GROVE IL . FERRIS has certi ; iei.: Lha .. .11 s..C...flii;. ed inocma:... ion is ;_orreL;, and agrees ....o i6 .3 412.. ,Lualplisit—L: I99. 9.9j iiCLIVi ,a16 L., ;7 1 ,,a Of-dinance and Regulations of :,;le Village Of Morton Gruve Code and has further certified that arrangements will be made for adequate protection against interferenue wiLh Link..:er•g-roud Ly calling TOLL. FREE J.Lior.s be : we IN3PECTIONS REJIRE.11 The following inspeLions will be made. Some oi these inspections will be combined. The applicant is .required to request these inspections at least eiuht (8) kNorkillu ank.: i 4,1 01 27-DEMOLITION 001 02 29 -jOB OOV 02 30-OTHER 03 31-FINALIZE PERMIT 001 08/03/03 01 APPROVED SUBMISSIONS REQUIRED The wa, acci„m,anied , ype . .a Wu::: , Approved Building Permit : 033554 t-tage iiI - . L.I L.,4A) i Li, CLLUI ct v v e J.I. i Vri1.-13.1 CwitaLL : GUY BATTISTA i-z11.7114.z. C " ;7ireF:CVALS , ". iyve6 • aig ;IdLd Appr-oveki OS/07/0S •-•.! Ntite ..; 05-PUBLIC WORKS DetLe rt.;:.co -hie. iIi fee Type ; cee DadrE 26ij 1-BUILDNG 14-STREET' OPENING DEPOSIT - 4-, L (J 7-! yr,• *" i 4.. MS.., -GLIBTSTAL - DEPOSITS 2:-.TUN . 00 I: Village of Gorton grove , 0, } 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 PIN No: 10-20-111-009-0000 Commonly know as: 8600 Ferris, Morton Grove, IL 6003 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 November 30, 2000. 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 06/03/03. Prior to the demolition, the property rented from September 1, 2001 through August 31, 2002, and then was vacant until 06/03/03. 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 Is Tel: (847) 965-4100 • TDD (847) 470-5249 • Fax: (847) 965-4162 ;if Recycled Paper Further affiant say h not. Abr Teresa Hoffman List. Corporation Counsel Village of Morton Grove 6101 Capulina Morton Grove, IL 60053 Subscribed and sworn before me this G(p ),-) day of L I_ ,4 i OFFICIAL SEAL •_II/ SUSAN LATTANZI Notaryfflrr is NOTARY Esc,OVATE Of ILLINOIS My Commission expires: v commitamow ostasios c) 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 /4 zO ' ill � i� oe0a County in f ich property is located erii - Parcel identifying number 2 V i 110<F 6-t- 1410,40-7z (2'r 1i'i S t.Attach a copy of the property's legal description if the county Property owner , has not assigned a number or if the property is a divisio - 3 _ ,�1i? ,xh @i: \ �' 7 Dimensions or acreage of this property l Street address of grope 1/k6ft 1 av-6 i 8 i ( / 36 /tex40 City ZIP Date of ownership 4 /' ((L∎..• < c J / i lc( -, ' .((;, &i +Attach a copy 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 —Yeses No is the applicant on Line 4 the lessee of the property? It`"Yes"write the dates the lease is in effect. From - To ti.Attach a copy of the contract or lease. Part 2: Identify any previous exemptions or applications (Providing this information will expedite processing.) 9_2' Yes No Does the applicant have an Illinois sales tax exemption number?if"Yes,"write the exemption number. E— — 10 —Yes _L 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 01,-) 11 Identify the Illinois Compiled Statutes citation for this application. 35 ILCS 200/ 6 Or ILCS / 12—Yes No Is any income derived from this property? If"Yes,"explain in detail. •Cif applicable, attach a cop of any con;Yracts or leases. 13 iY Yes No Does a unit of local government own this property? If"Yes,"is the property located within its corporate boundaries? Yes — No 14—Yeses No If granting this application will reduce the property's assessed valuation by$100,000 or more, has the municipality, VAttach e notice a copy school district, and community college district in which the property is located been notified that this application has and postal s been filed?return receipts. 15 Despribe the specific activities that talc place on this property.Write tpe exact date each artiyity began and how frequently it takes place. J '- ' t, i`� i 4 t'L rl-r , t Zi,.-1" J !v L 1 i i i.),7 < / ,F+ �1"r r ,� (� i ,r l �� l 16 /lYes 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. 1 ,lf' 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 l',//v" f�i Building 2 i 1.// N� Building 3 J - , This form is authorized as outlined by the Illinois Compiled Statutes,35 ILCS 200115-5,16-70,and 16-130.Disclosure —...„_„. . ..,,...,, of this infnrmatinn is RFn111RFrl This form Mac ham annrnvcvi by MR Fnrms Mananramant Center. IL-492-1157 Part 4: Attach documentation The following documents must be attached: • Proof of ownership(copy of the deed,contract for deed, title insurance policy, condemnation order and proof of payment, etc.) • Picture of the property • Notarized affidavit of use • Copies of any contracts or leases on the property The documents identified on Lines 18 through 23 may be attached to expedite processing.Mark an"X"next to any documents that are attached. 18 Audited financial statements for the most recent year 21 Plot plan of each building's location on the property with each 19 Copy of the applicant's bylaws and complete certified building and land area labeled with parcel identifying numbers recorded copy of Articles of Incorporation, including purpose , and specific uses clause and all amendments 22/ Copy of any Illinois Department of Revenue Exemption 20_Copy of the notices to the municipality,school district, and Certificate community college district in which the property is located 23_Other(list) and postal return receipts if granting this application will reduce the property's assessed valuation by$100,000 or more Part 5: Identify the person to contact regarding this application 24 72 rc5,:^ /16 f:4---/i44?: 25 Name of applicant's repr Live Owner's name(if the applicant is not the owner) a Mailing address(include reroute or P.O.boxlicable), Mailing address(include rural route or P.O.box,if applicable) City State ZIP City State ZIP ( (4-f7) '�- .6— e-//(0 x I! << i } — Phone number Phone number Part 6: Signature and notarization State of Illinois County of ) SS. I, ) I t Gt;1? ,!ti ,1511 r' ' s1( :(l , being duly sworn upon oath, say that I have read (Name) (Position) the foregoing application and that all of the information is true and correct to the best of my knowledge and belief. (Affiant's signature) Subscribed and sworn to before me this day of , 20 . (Notary Public) Part 7: County Board of Review statement of facts 26 Current assessment $ For assessment year 20_ 27 Yes No Is this exemption application for a leasehold interest assessed to the applicant? If"Yes"write the Illinois Department of Revenue docket number for the exempt fee interest to the owner, if known. — 28 State all of the facts considered by the County Board of Review in recommending approval or denial of this exemption application. 29 County Board of Review recommendation Full year exemption Partial year exemption From To Partial exemption for the following described portion of the property: Deny exemption 30 Date of Board's action Part 8: County Board of Review certification I hereby certify this to be a correct statement of all facts arising in connection with proceedings on this exemption application. Mail to: OFFICE OF LOCAL GOVERNMENT SERVICES EXEMPTION SECTION (3-520) Clerk(or Secretary in Cook County)of the County Board of Review's signature ILLINOIS DEPARTMENT OF REVENUE 101 WEST JEFFERSON STREET cooinir_GiFi n II R97ro .Aar $ It I i J I a I I I I- OS k a ;i C IV G t § ,,,ty i_Aaog ! 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I V 21"),-..— / ZA& , RECORDED ON l 1/66— Z6643 " AS DOCUMENT NUMBER 0° 96 177— , COPY OF DEED TO BE SUBMITTED 2) BY CONDEMNATION CASE NUMBER 1iii 'FILED ON rv/n AND AWARD DEPOSITED iviiit 3) OTHERWISE TV/it/I AND DESCRIBED AS , 5ee. a Nadi ed- . NAME ANOADDRESS OF V}I1ae vC Mari'� ' _ DINNER OF ilEMNNDER ,,01. (t` l 1 na \ $lodes,., ,(Due -3 and sworn to before me C.- s NER I 1 e�i U Y'� i N ) `(. 'f BY iubscrbed his 64-4 of 2 :#1 ' UTHOfiIZED AGENT(`\ - /6 • Ar i DY IIA e . . -. (oIOI ea liii /72 a�t1 i- ` aueuc a'1 • E v _6 1 NOTE A ELif:t TAXINr`Where all of the property covered in the'latest real estate tax bill was taken for public government purposes,attach I eto said lea I desc igtion. B.PARTIAL TA#Qt3G Where only apart of the property covered in the latest real estate tax bill was taken for public governmental purposes,the following mg&be attached to this petition; 1. A Plot of Survey sho ring`all dimensions and the location and ownership of any buildings thereon: 2. the legal descriptions of the part taken and the part remaining in private cwnershlp. Ex.5 LEGAL DESCRIPTION LOT 9 AND LOT 10 (EXCEPT THE SOUTH 10 FEET THEREOF) IN BLOCK 1 IN BINGHAM AND FERNALD'S MORTON GROVE SUBDIVISION BEING LOT 40 IN THE COUNTY CLERKS DIVISION OF SECTION 20, AND THE EAST HALF OF THE NORTHEAST QUARTER OF SECTION 19, TOWNSHIP 41 NORTH, RANGE 13, EAST OF THE THIRD PRINCIPAL MERIDIAN, (EXCEPT A TRACT 200 FEET NORTH AND SOUTH BY 118 . 9 FEET EAST AND WEST AT THE SOUTHWEST CORNER OF SAID LOT 40) , IN COOK COUNTY, ILLINOIS ieulinc,Js Department of Revenue . ,• LOCAL GOVERNMENT SERVICES BUREAU 101 West Jefferson Street FEDERAUSTATE AGENCY P.O. Box 19033 Application for Property Tax Exemption Springfield, IL 627949033 County reference no.: DOR Docket no.: County Use Only Revenue use Only 1. County: Ps Owner of Property: ,AII/ CIS' -trail 'r Agency Parcel no . _ 2. Permanent Parcel Identification numbers(s): 16' Zia ' I 1/ 1( •0o ((� `(5 )6 I/(7) ) ( ) ( ) ( ) If partial take, indicate with "P" at the end of PIN. 3. Legal description (see ttach 4. Acreage: 1-16 x /ate ) 5. Date on which the deed or contract for deed was executed: 1 b W60 or if by Eminent Domain Proceedings: Case f 4//jft , date filed fe OVT date //74. (Documents must be attached.) 6. Is any income derived from this property? Yes ❑ Nok 7. If granting this application will exempt from taxation $100,000 or more of the assessed valuation of the property for which this application is submitted, have you given notice of this application to the municipality,school district, and community college district in which the property is situated? Yes ❑ No ❑ Wfict 8. Attached documents: Deed,) Lease ❑ Plat d Court order ❑ / 9. Person to contact regardin: is application: eV CT L t 5�cs✓\ . . Phone no. ' ' 4746 Address r/D s. • InG2 em c9ro .- t ✓‹ 3 I hereby certify this to be true a d correctyeporting of all the facts arising in connection with this application. '* !� Signature .H• / /�' Date v i 10. CURRENT ASSESSMENT: FOR ASSESSMENT YEAR 19 RECOMMENDATION By County Board of Review: Full year exemption Partial year exemption From: To: _ Partial exemption for the following described portion of the property: Deny exemption Date of Board's action: If the County Assessor assigns a different PIN(s) to the parcel, please insert that new/different PIN(s). I hereby certify this to be a correct report to the Illinois Department of Revenue of the proceedings arising in connection with this Exemption Request. Clerk of the Board of Review/Appeals: X Signature Once the Board of Review/Appeals has made a recommendation,the Secretary of the Board should sign this ATTN EXEMPTION SECTION LOCAL GOVERNMENT SERVICES BUREAU statement of facts and mail it with all documentation to: p0 80X 19033 SPRINGIFIELD IL 62794-9033 T a form as rammed as outlined in amWro•with the Ms Rwbed 9Ymta.Diaboon al Mb edpm3Yon a REWIRED.Fain by gab 1 inbn oton mod malt in this ddOFUlion not being proaYM.The kolo ea boon ipemd by Me bonne WnyarR Lents'. IL-492.3245 PTAX-3)OfS(N-3193)hoot w SOY CtE INN f 90Y BASE PAPER LEGAL DESCRIPTION LOT 9 AND LOT 10 (EXCEPT THE SOUTH 10 FEET THEREOF) IN BLOCK 1 IN BINGHAM AND FERNALD'S MORTON GROVE SUBDIVISION BEING LOT 40 IN THE COUNTY CLERKS DIVISION OF SECTION 20, AND THE EAST HALF OF THE NORTHEAST QUARTER OF SECTION 19, TOWNSHIP 41 NORTH, RANGE 13, EAST OF THE THIRD PRINCIPAL MERIDIAN, (EXCEPT A TRACT 200 FEET NORTH AND SOUTH BY 118. 9 FEET EAST AND WEST AT THE SOUTHWEST CORNER OF SAID LOT 40) , IN COOK COUNTY, ILLINOIS EXEMPTION DOCUMENTATION ORDER (Governmental) gyp/Cook County Board of Review Application (D.R.Form R.E.E.#7) I 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-3193) ❑ 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 VGovernmental Petition (E,..s)must have original signature and notarized /'Recorded Deed / Lease / Leasehold ❑ Income Leases, if applicable Q/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 a.. t; 1it of Survey 3 I 1444 EA I APPLICATION MUST CONTAIN TWO (2) SETS OF DifCLMENTATION THE DOCUMENTS i ST a E IN THE ABOVE ORDER SIGNED: 7/6th (1 Revised 09/03 _ DATE: 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, (ii) 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 the 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: (i) 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 (id 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 the 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 for which the Company is liable under this policy, and shall only 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 Policy 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 unmarketabilily 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 until 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 any 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 Iiansfer 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 shall 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 only that 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 lirnitation,;the. "rights of the insured to indem- nities, guaranties, other policies of insurance or bonds, notwithstanding any terms or conditions 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 to, any 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 orother 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 situs 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 - - Reorder Form No. 8256 (Rev. 10-17 -92) ALTA Owner's Policy (10- 17 -92) AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY _ (10- 17 -92) _ - 714020 106 00000001 I(' D CHICAGO TITLE INSURANCE COMPANY I I SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, CHICAGO TITLE ]{ '1 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:t`� I. Title to the estate or interest described in Schedule A being vested other than as stated therein; I� 2. Any defect in or lien or encumbrance on the title; ., !0 3. Unmarketability of the title; �I'e a't I ` 11 4. Lack of a right of access to and from the land. � The Company will also pay the costs, attorneys' fees and expenses incurred in defense of the title, as insured, but 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 sealed as �4t r of Date of Policy shown in Schedule A, the policy to become valid when countersigned by an authorized signatory. gb I I CHICAGO TITLE INSURANCE COMPANY Issued by; HENRY E. SZACHOWICZ, JR. 8602 FERRIS AVENUE MORTON GROVE, 1L 60053 77 ay: � FAX FAX (88 47) ) 96 967 -0608 Prosltlenl ATTEST ` `°> 9fiU I. ' a "ti Se<rarFiY Je ICI Reorder Form No. 8256 (Rev. 10-17 -92) ALTA Owner's Policy (10- 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; (it) the character, dimensions or location of any improvement now or hereafter erected on the land; (iii) 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 law-,, 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: (i) 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 or lien creditor. , a 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 slate 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) "unmarketability 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 nue 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 lathe 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 CLAIMANT 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. Whenever 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 after the notices required under Section 3 of these Condi- lions 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. All 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 from 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- CHICAGO TITLE INSURANCE COMPANY OWNER'S POLICY (1992) SCHEDULE A ORDER NO. : 001908850 POLICY NO. : 71 4020 106 1 DATE OF POLICY: DECEMBER 5, 2000 ISSUED BY: HENRY E. SZACHOWICZ,JR AMOUNT OF INSURANCE: $160, 000.00 8602 FERRIS AVENUE MORTON GROVE, ILLINOIS 60053 1 . NAME OF INSURED: PHONE:(847)967-0607 FAX(847)967-0608 VILLAGE OF MORTON GROVE, A MUNICIPAL CORPORATION 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 MEP 12/27/00 10:22 :20 CHICAGO TITLE INSURANCE COMPANY- . OWNER'S POLICY (1992) SCHEDULE A (CONTINUED) ORDER NO. : 001908850 POLICY NO. : 71 4020 106 1 5. THE LAND REFERRED TO IN THIS POLICY IS DESCRIBED AS FOLLOWS: LOT 9 AND LOT 10 (EXCEPT THE SOUTH 10 FEET THEREOF) IN BLOCK 1 IN BINGHAM AND FERNALD' S MORTON GROVE SUBDIVISION BEING LOT 40 IN THE COUNTY CLERKS DIVISION OF SECTION 20, AND THE EAST HALF OF THE NORTHEAST QUARTER OF SECTION 19, TOWNSHIP 41 NORTH, RANGE 13, EAST OF THE THIRD PRINCIPAL MERIDIAN, (EXCEPT A TRACT 200 FEET NORTH AND SOUTH BY 118.9 FEET EAST AND WEST AT THE SOUTHWEST CORNER OF SAID LOT 40) , IN COOK COUNTY, ILLINOIS THIS POLICY VALID ONLY IF SCHEDULE B IS ATTACHED. OPIA1592 MEP 12/27/00 10:22 :20 CHICAGO TITLE INSURANCE COMPANY OWNER'S POLICY (1992) SCHEDULE B ORDER NO. : 001908850 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. TAXES FOR THE YEAR 2000 2000 TAXES NOT YET DUE OR PAYABLE PERMANENT TAX NUMBER 10-20-111-009-0000 OPOLG192 MEP 12/27/00 10 :22 :21 CHICAGO TITLE INSURANCE COMPANY POLICY SIGNATURE PAGE ORDER NO. : 001908850 THIS POLICY SHALL NOT BE VALID OR BINDING UNTIL SIGNED BY AN AUTHORIZED SIGNATORY. CHICAGO'ITILE INSURANCE COMPANY BY . 77/771)�� o AUTHORII Y INATORY POTS1GPG MEP 12/27/00 10:22 :21 • ENDORSEMENT ATTACHED TO AND FORMING A PART OF POLICY NUMBER 1460 001908850 HES ISSUED BY CHICAGO TITLE INSURANCE COMPANY POLICY MODIFICATION ENDORSEMENT 4 GENERAL EXCEPTION NUMBERS 1, 2, 3, 4 AND 5 OF SCHEDULE B OF THIS POLICY ARE HEREBY DELETED. 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. END1PG MEP 00954172 7 10/02 M 45 001 rage of 4 2000-12-05 14 :43: 33 COOK. County Recorder Warranty Deed I 1E11 Statutory (ILLINOIS) (Individual to Corporation) 00954172 Above Space for Recorder's Use Only THE GRANTOR: GEORGE KASE, A SINGLE MAN, 8600 FERRIS, of the City of MORTON GROVE,County of COOK,State of ILLINOIS 60053-2829,for and in consideration of($160,000.00)ONE /"A HUNDRED AND SIXTY THOUSAND DOLLARS, in hand paid, CONVEYS and WARRANTS to: VILLAGE OF MORTON GROVE, A MUNICIPAL CORPORATION, having its principal office at the following address 6101 CAPULINA, MORTON GROVE,IL 60053-2985,the following described Real Estate situated in the County of COOK, in the State of Illinois, to wit: Wi/9/101121 AMX9'ktoft47VVI7 9T /1i0/Fi /VMEJ W)A 3WCZKN '? 4Pl' AD415, 'EttSrA tb^8MaitittN//(XKOX'F.5 1>iX'dSIAMYsl,SXJBDAYJSIDDYQF)'AR/A WP:17/401W ¢'OIh iY/Z WWItkShl t15tbfi/OYSECTIODGAOANWERE.sTlvXP$/j "MIWA JWIP4AF/ SVVT1,QTY AP//IX1 $TEI'IY/44//4OWINIMI OWAS/FAST/OF/THWTXlRA/YRIWWA4/ 11 ARAS AN✓IJG/1MOK/ILOYJPTATOW IQ1S,/ SEE ATTACHED hereby releasing and waiving all rights under and by virtue of the Homestead Exemption Laws of the State of Illinois.SUBJECT TO:Any and all covenants,conditions,and restrictions of record,and to General Taxes for 2000 and subsequent years. Permanent Index Number (PIN): 10-20-111-009-0000 vol. 117 Address(es) of Real Estate: 8600 FERRIS, MORTON GROVE, IL 60053-2829 Dated this 30 day of November,2000. PLEASE / �_ AL) PRINT OR GEO.'" KAS J / p TYPE BE NAMW E(S) �� 's:./ / / /// /9 , j O S SIGNATURE(S) � ENTENNIAL TITLE INCOR'opj ` " State of Illinois } - , . } ss, , County of Cook } I, the undersigned, a Notary Public in and for said County, in the State aforesaid, DO HEREBY CERTIFY that GEORGE KASE, a single man, personally known to me to be the same person(s) whose name(s) subscribed to the foregoing instrument, appeared before me this day in person, and acknowledged that he signed, sealed and delivered the said instrument as his free and voluntary act, for the uses and purposes therein set forth,including the release and waiver of the right of homestead. Given under my hand and official seal, this 90 day of November, 2000. - "OFFICIAL SEAL" Henry E.Szachowicz,Jr. Notary Public,State of iliirc■s My Commission Exc.04.10 2x1 2 Commission expires April 4, 2002. NNN9FARY PUB C This instrument was prepared by: Henry E. Szachowicz, 8602 Ferris Avenue, Morton Grove, IL 60053-2829 EXEMPT UNDER PROVISIONS OF PARAGRAPH (b), 35 ILSC 200/31-45, ILLINOIS REAL ESTATE TRANSFER ACT. DATE:Nov err 30, 2000 BY: Cl Alf ( 41 �dv GRANTOR h2 t E%EMPT-P F SUANTTO SECTION 11 5 VILLAGE OF MORTON GROVE REAL ESTATE TRANSFER STAMP Beet 1794AS EXEy PT C No ADDRESS .yV 1[r(E a_„r-_ MAIL TO: SEND SUBSEQUENT TAX BILLS TO: E VILLAGE OF MORTON GROVE 6101 CAPULINA o D G. S g ERR t-EA-fo MORTON GROVE,IL 60053-2985 b�7.ZCp .� Q/�-� OR OD VN 12o 1-LL ,600s.) Recorder's Office Box No. CI CHICAGO TITLE INSURANCE COMPANY ORDER NUMBER: 1460 001908850 CE STREET ADDRESS: 8600 FERRIS CITY: MORTON GROVE COUNTY: COOK TAX NUMBER: 10-20-111-009-0000 LEGAL DESCRIPTION: LOT 9 AND LOT 10 (EXCEPT THE SOUTH 10 FEET THEREOF) IN BLOCK 1 IN BINGHAM AND FERNALD'S MORTON GROVE SUBDIVISION BEING LOT 40 IN THE COUNTY CLERKS DIVISION OF SECTION 20, AND THE EAST HALF OF THE NORTHEAST QUARTER OF SECTION 19, TOWNSHIP 41 NORTH, RANGE 13, EAST OF THE THIRD PRINCIPAL MERIDIAN, (EXCEPT A TRACT 200 FEET NORTH AND SOUTH BY 118 .9 FEET EAST AND WEST AT THE SOUTHWEST CORNER OF SAID LOT 40) , IN COOK COUNTY, ILLINOIS 009 LEGALD LEGALD � 1 - . STATEMENT BY GRANTOR AND GRANTEE The grantor or his agent affirms that, to the best of his knowledge, the name of the grantee shown on the deed or assignment of beneficial interest in a land trust is either a natural person, an Illinois corporation or foreign corporation authorized to do business or acquire and hold title to real estate in Illinois , a partnership authorized to do business or acquire and hold title to real estate in Illinois, or other entity recognized as a person ana authorized to do business or acquire title to real estate under the laws of the State of Illinois. Dated ,W1/10460, 4-42tm, Signature: thtiol V r r Ago Subscribed and sworn to before 00954172 me by the said Cidnc- KRSt "OFFICIAL SEAL," this go to day of Nt+.sct+SCC 1-9 Nenrs E 4 I,owlc7,Jr. Notary Public Notary r b eat i'n 's The grantee or agent affirms a d verifies that the name of the grantee shown on the deed or assignment of beneficial interest in a land trust is either a natural person, an Illinois corporation or foreign corporation authorized to do business or acquire and hold title to real estate in Illinois, a partnership authorized to do business or acquire and hold title to real estate in Illinois, or other entity recognized as a person and authorized to do business or acquire and hold title to real estate under the laws of the State of Illinois. eir Dated R ' 3em' , 006 Signature: S _ ran ee or •Vent Subscribed and sworn to before K me by the said 6;4&414- S S. Arnayc,f,v •FFICIALSEAL" this day of ,tit -7 gam, Henry E.Szachowicz,Jr. i— 2cx+3 Notary Pub'-c,State of Illinois Notary Public My CommiS_+n� ;�'N412002 NOTE: Any perso /nn �ti7o «Ck��nowingly subm s a false statement concerning the identity o a grantee shall guilty of a Class C misdemeanor for the first offense and of a Class A misdemeanor for subsequent offenses. (Atach to deed or ABI to be recorded in Cook County, Illinois, if exempt under the provisions of Section 4 of the Illinois Real Estate Transfer Tax Act. ) OMB NO.2502-0265 r A. B. TYPE OF LOAN: U.S.DEPARTMENT OF HOUSING&URBAN DEVELOPMENT 1.0FHA 2.0FmHA 3.000NV.UNINS. 4.0VA 5.000NV.INS. 6. FILE NUMBER: 7. LOAN NUMBER: SETTLEMENT STATEMENT 1908850 8. MORTGAGE INS CASE NUMBER: C. NOTE: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent am shown. Items marked"[POW were paid outside the closing;they am showr here for informational purposes and are not included in the totals. 1.0 398 (1908850.PF0/1908850/1) D. NAME AND ADDRESS OF BUYER: E. NAME AND ADDRESS OF SELLER: F. NAME AND ADDRESS OF LENDER: VILLAGE OF MORTON GROVE GEORGE KASE 8600 FERRIS MORTON GROVE,IL 60053 G. PROPERTY LOCATION: H. SETTLEMENT AGENT: I. SETTLEMENT DATE: 8600 FERRIS CENTENNIAL TITLE INCORPORATED MORTON GROVE, IL 60053 November 30,2000 PLACE OF SETTLEMENT 4709-11 W.GOLF RD.,SUITE 115 SKOKIE,IL 60076 J.SUMMARY OF BUYER'S TRANSACTION K.SUMMARY OF SELLER'S TRANSACTION 100. GROSS AMOUNT DUE FROM BUYER: 400. GROSS AMOUNT DUE TO SELLER: 101. Contract Sales Price 1 160,000.00 401. Contract Sales Price 160,000.00 102. Personal Property 402. Personal Property 103. Settlement Charges to Buyer(Line 1400) 162.50 403. 104. 404. 105. 1 405. Adjustments For Items Paid By Seller in advance Adjustments For Items Paid By Seller in advance 106. City/Town Taxes to 406. City/Town Taxes to 107. County Taxes to I 407. County Taxes to 108. Assessments to 109. 408. Assessments to 409. - 110. 410. 111. 112. 411. 412. 120. GROSS AMOUNT DUE FROM BUYER 160,162.50 420. GROSS AMOUNT DUE TO SELLER 160,000.00 200. AMOUNTS PAID BY OR IN BEHALF OF BUYER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. Deposit or earnest money ! 1.00 501. Excess Deposit(See Instructions) 1 - 202. Principal Amount of New Loan(s) 502. Settlement Charges to Seller(Line 1400) 1,460.50 203. Existing loan(s)taken subject to 503. Existing loan(s)taken subject to 205. _ 504. Payoff of first Mortgage to BANK OF AMERICA 99,732.16 505. Payoff of second Mortgage to USAA FEDERAL SAVING 18,409.51 206. 506. Deposit retained by seller 207. 507. 1.00 208. 508. 209. 509. Adjustments For Items Unpaid By Seller Adjustments For Items Unpaid By Seller 210. City/Town Taxes to 510. City/Town Taxes to 211. County Taxes 01/01/00 to 11/30/00 1,691.07 511. County Taxes 01/01/00 to 11/30/00 212. Assessments 213 to 512. Assessments to 1,691.07 513. 214. 215. 514. �I 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. TOTAL PAID BY/FOR BUYER 1,692.07 520. TOTAL REDUCTION AMOUNT DUE SELLER 121,294.24 300. CASH AT SETTLEMENT FROM/TO BUYER: 600. CASH AT SETTLEMENT TO/FROM SELLER: 1 301. Gross Amount Due From Buyer(Line 120) 160,162.50 601. Gross Amount Due To Seller(Line 420 302. Less Amount Paid By/For Buyer(Line 220) ( 420) 160,000.06 Y Y ( ) '( 1,692.07) 602. Less Reductions Due Seller(Line 520) ( 121,294 24 303. CASH( X FROM)( TO)BUYER 1 158,470.43 603. CASH( X TO)( FROM)SELLER 38,705.76 The undersigned hereby acknowledge receipt of a completed copy of pages 1&2 of-this statement&any attachments referred to herein. I HAVE CAREFULLY REVIEWED THE HUD-1 SETTLEMENT STATEMENT AND TO THE BEST OF MY KNOWLEDGE AND BELIEF, IT IS A TRUE AND ACCURATE STATEMENT OF ALL RECEIPTS AND DISBURSEMENTS MADE ON MY ACCOUNT O6YBy ME IN THIS TRA -ACTION. I FURTHER CERTIF THAT i HAVE REC: s A COPY •Fr E HUD-1 SE A5911(:NT STATEMENT. f1 Buyer k�/V2 t�1-��t' . !_`. Seller L VI LA E OF ORTON GROV i. A I k I - v TO THE BEST n ..�,' Cd kuSL L PREPARED E KASE F MY NOWLEDGE,THE HUD-1 TM' •y� STATEMENT WHICH I HAVE PREPARED IS A TRUE AND ACCURATE ACCOUNT OF TH FUNDS WHICH ..• -r ' C'IVED AND BE N yjtt tlr BE DISB RSED BY THE UNDERSIGNED AS PART OF THE SETTLEMENT OF THIS TRANSACTION. O /A - �� / " ENNI• TITLE INCORPO- '`QED ettlement Agent WARNING: IT IS A CRIME TO KNOWINGLY MAKE FALSE STA EM NTS TO THE UNITED STATES ON THIS OR ANY SIMILAR FORM. PENALTIES UPO CONVICTION CAN INCLUDE A FINE AND IMPRISONMENT. FOR DETAILS SEE: TITLE 18 U.S.CODE SECTION 1001 &SECTION 1010. Page 2 L. SETTLEMENT CHARGES 700.TOTAL COMMISSION Based on Price $ o Division of Commission(line 700)as Follows: @ PAID FROM PAID FROM 701.$ to BUYERS SELLER'S 702.$ to FUNDS AT FUNDS AT 703.Commission Paid at Settlement SETTLEMENT SETTLEMENT 704. to 800.ITEMS PAYABLE IN CONNECTION WITH LOAN 801.Loan Origination Fee % to 802.Loan Discount % to 803. Appraisal Fee to 804. Credit Report to 805. Lender's Inspection Fee to 806. Mortgage Ins.App.Fee to 807. Assumption Fee to _ 808. 809. 810. 811. 900.ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901. Interest From to @ $ /day ( days %) 902. MIP Totlns.for LifeOfLoan for months to 903. Hazard Insurance Premium for 1.0 years to 904. 905. 1000.RESERVES DEPOSITED WITH LENDER 1001.Hazard Insurance months @ $ per month 1002.Mortgage Insurance months @ $ per month 1003. City/Town Taxes months @ $ per month 1004. County Taxes months @ $ per month 1005. Assessments months @ $ per month 1006. months @ $ per month 1007. months @ $ per month 1008. AGGREGATE ACCOUNTING ADJ. months @ $ per month 1100.TITLE CHARGES 1101. Settlement or Closing Fee to CENTENNIAL TITLE INCORPORATED 137.50 137.50 1102. OVERNITE PAYOFFS to CENTENNIAL TITLE INCORPORATED 32.00 1103. Title Examination to 1104. Title Insurance Binder to 1105. Document Preparation to 1106. ATTORNEY'S FEES to HENRY E.SZACHOWICZ,JR. 425.00 1107. Attorneys Fees to (includes above item numbers: 1108. Title Insurance to HENRY E.SZACHOWICZ,JR. 606.00 (includes above item numbers: 1109.Lender's Coverage $ 1110.Owner's Coverage $ 1111. HENRY E.SZACHOWICZ,JR. 1112. 1113. 1200.GOVERNMENT RECORDING AND TRANSFER CHARGES 1201.Recording Fees: Deed $ 25.00; Mortgage $ Releases $ 50.00 25.00 50.00 1202.City/County Tax/Stamps:Deed ;Mortgage 1203.State Tax/Stamps: Revenue Stamps ;Mortgage 1204. 1205. 1300.ADDITIONAL SETTLEMENT CHARGES 1301. Survey to SAMBORSKI, MATTIS,INC. 210.00 1302. Pest Inspection to 1303. 1304. 1305. 1400.TOTAL SETTLEMENT CHARGES (Enter on Lines 103,Section J and 502,Section K)_ 162.50 1,460.50 By signing page 1 of this statement,the signatories acknowledge receipt of a completed copy of page 2 of this two pa sta e �-T E NNIAL TITLE INCORPe- •T D/ Settlement Agent Certified to be a true copy. (1908850/1908850/1) • DISBURSEMENTS SUMMARY / BALANCE SHEET Buyer: VILLAGE OF MORTON GROVE Seller: GEORGE KASE Settlement Agent: CENTENNIAL TITLE INCORPORATED (847)329-8200 Place of Settlement: 4709-11 W. GOLF RD., SUITE 115 SKOKIE, IL 60076 Settlement Date: November 30, 2000 Property Location: 8600 FERRIS MORTON GROVE, IL 60053 INCOMING FUNDS VILLAGE OF MORTON GROVE 158,470.43 Total Incoming Funds 158,470.43 DISBURSEMENTS HENRY E. SZACHOWICZ,JR. ATTORNEY'S FEES 425.00 CHICAGO TITLE Recording Fees 25.00 SAMBORSKI, MATTIS, INC. Survey 210.00 BANK OF AMERICA Payoff of first Mortgage 99,732.16 USAA FEDERAL SAVINGS BANK Payoff of second Mortgage 18,409.51 GEORGE KASE Closing Proceeds 38,705.76 8 CENTENNIAL TITLE INCORPORATED Settlement Agents Fees 357.00 Settlement or Closing Fee 275.00 OVERNITE PAYOFFS 32.00 CHICABOCIlWbg Fees Releases REMITTANCE 50.00 121.20 Flex Check Adjustment 121.20 CENTENNIAL TITLE INCORPORATED ESCROW FEES 647.00 Settlement Agents Fees 357.00 Flex Check Adjustment 290.00 HENRY E. SZACHOWICZ,JR. TITLE FEES 194.80 Title Insurance 606.00 Flex Check Adjustment -411.20 Number of checks - 9 Total Disbursements 158,470.43 (1908850.PFD/1908850/1) COMMITMENT FOR TITLE INSURANCE 0 Chicago Title Insurance Company Providing Title 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 relating 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 CENTENNIAL TITLE, INC. 4709-11 WEST GOLF ROAD, SUITE 115 SKOKIE, ILLINOIS 60076 . NI *%,-4. thorized Signatory Refer Inquiries To: 00 .4 `4 4F Z - (847)329-8200 �� Commitment No.: 001908850 DSlSOA 4/98 TB 11/13/00 • CHICAGO TITLE INSURANCE COMPANY COMMITMENT FOR TITLE INSURANCE SCHEDULE A YOUR REFERENCE: KASE/VILLAGE OF MORTON GROVE ORDER NO. : 1460 001908850 CE ISSUED BY: CENTENNIAL TITLE,INC. EFFECTIVE DATE: NOVEMBER 1, 2000 4709-11 WEST GOLF ROAD, SUITE 115 SKOKIE,ILLINOIS 60076 PHONE:(847)329-8200 FAX:(847)329-8285 1. POLICY OR POLICIES TO BE ISSUED: OWNER'S POLICY: ALTA OWNERS 1992 AMOUNT: $160,000 .00 PROPOSED INSURED: VILLAGE OF MORTON GROVE, A MUNICIPAL CORPORATION 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. TITLE TO SAID ESTATE OR INTEREST IN SAID LAND IS AT THE EFFECTIVE DATE VESTED IN: GEORGE KASE 4. MORTGAGE OR TRUST DEED TO BE INSURED: NONE R2CSCHA1 SJ1 PAGE Al SJ1 11/30/00 11:55:41 CHICAGO TITLE INSURANCE COMPANY COMMITMENT FOR TITLE INSURANCE SCHEDULE A (CONTINUED) ORDER NO. : 1460 001908850 CE 5. THE LAND REFERRED TO IN THIS COMMITMENT IS DESCRIBED AS FOLLOWS: LOT 9 AND LOT 10 (EXCEPT THE SOUTH 10 FEET THEREOF) IN BLOCK 1 IN BINGHAM AND FERNALD'S MORTON GROVE SUBDIVISION BEING LOT 40 IN THE COUNTY CLERKS DIVISION OF SECTION 20, AND THE EAST HALF OF THE NORTHEAST QUARTER OF SECTION 19, TOWNSHIP 41 NORTH, RANGE 13, EAST OF THE THIRD PRINCIPAL MERIDIAN, (EXCEPT A TRACT 200 FEET NORTH AND SOUTH BY 118.9 FEET EAST AND WEST AT THE SOUTHWEST CORNER OF SAID LOT 40) , IN COOK COUNTY, ILLINOIS CREEDAL SJ1 PAGE A2 SJ1 11/30/00 11:55:41 CHICAGO ITILE INSURANCE COMPANY COMMITMENT FOR '[PILE INSURANCE SCHEDULE B ORDER NO. : 1460 001908850 CE I . WE SHOULD BE FURNISHED A PROPERLY EXECUTED ALTA STATEMENT AND, NO. ' r2 WAND THE LAND INSURED IS A CONDOMINIUM UNIT, A SURVEY IF AVAILABLE. MATTERS DISCLOSED BY THE ABOVE DOCUMENTATION WILL BE q HOWN SPECIFICALLY. B 9 . NOTE FOR INFORMATION: THE COVERAGE AFFORDED BY THIS COMMITMENT AND OEN . ppOLICY 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 . TAXES FOR THE YEAR 2000 2000 TAXES NOT YET DUE OR PAYABLE 1999 FIRST INSTALLMENT IN THE AMOUNT OF $1, 038.94 IS PAID 1999 FINAL INSTALLMENT IN THE AMOUNT OF $720.64 IS PAID. U66Pg�ERMANENT TAX NUMBER 10-20-111-009-0000 NO. ?.L-_4979 GE DATED AUGUST 31, 1995 AND RECORDED SEPTEMBER 8, 1995 AS DOCUMENT NO. 95603808 MADE BY GEORGE KASE TO NVR MORTGAGE FINANCE, INC. TO SECURE AN 2Q DEBTEDNESS IN THE AMOUNT OF $104,400 .00 . V,"V4 ASSIGNED TO NATIONSBANC MORTGAGE CORP. BY INSTRUMENT RECORDED AS DOCUMENT 472a BY ENTS TITLE NO. E DATED AUGUST 6, 1999 AND RECORDED AUGUST 19, 1999 AS DOCUMENT NO. 99791568 MADE BY GEORGE KASE TO USAA FEDERAL SAVING BANK TO SECURE AN 2a1FEBTEDNESS IN THE AMOUNT OF $20, 000 .00 . BY iU LIAAI CIE TE N L TITLE n 6. MUNICIPAL RE' ' TATE TRANSFER TAX STAMPS (OR PROOF OF EXEMPTION) MUST ACCOMPANY •.l CONVEYANCE AND CERTAIN OTHER TRANSFERS OF PROPERTY LOCATED IN MORT*, ROVE. PLEASE CONTACT SAID MUNICIPALITY PRIOR TO CLOSING FOR ITS ' -CIFIC REQUIREMENTS, WHICH MAY INCLUDE THE PAYMENT OF FEES, AN INSPECTION OR OTHER APPROVALS. 7���- NO, b WAIVED 7 r 200 BY�•� F ACI41567t111714-... t.424.9.04. CSN ' IAL TITLE RCSCHBI TB PAGE B1 SJ1 11/13/00 16:41 :44 t 11r, Village of Morton grove Office of the Village Administrator October 26, 2000 Mr. George Kase 8600 Ferris Avenue Morton Grove, Illinois 60053 Re: Proposal to Acquire Property at 8600 Ferris Avenue Dear Mr. Kase: At a recent Executive Session Board meeting, I discussed with Trustees your latest correspondence dated October 16, 2000. After considerable discussion, Trustees authorized me to present the following offer for your consideration. 1. The purchase price will be $160,000 with closing to occur as soon as possible. 2. You would be allowed to remain in the property for up to a period of twelve (12)months. The first four (4)months following the date of closing would be free with no rent charged. The second eight months or part thereof, if occupancy continues, would be at a monthly rental rate of$900.00. The occupant would be responsible for all utilities during the rental period. Further, the Village will file the necessary documents relative to exempting the property from real estate taxes. Because the continued residential use,property taxes may be levied against the property. The tenant will also be responsible for paying any property taxes resulting during the period of occupancy. 3. The Board also requested a level one environmental assessment be completed on the property prior to closing. Once again, I believe the Board has met the key points incorporated in your correspondence of October 16, 2000. If the terms and conditions contained in this correspondence are acceptable, please contact my office and I will authorize Corporation Counsel to proceed with the necessary sales contract. Sincere, f N. Arft f" age Administrator admin econ dev\lincoln ferns tif\kase property3.8600 ferris / 1 cc: Gabriel Berrafato, Corporation Counsel Village Board of Trustees Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove, Illinois 60053-2985 nos Tel: (847) 965-4100 • TDD (847) 470-5249 • Fax: (847) 965-4162 r October 16, 2000 OCT 1 i 2000 Mr. Larry Arft '- Village Administrator Village of Morton Grove � 2 ) 1 i l� ,e.Re: Proposal to acquire property at 8600 Ferris Avenue / r u 1 _d Dear Mr. Arft: Thank you for your letter dated Oct. 10. I would be willing to sell my property for $164,000 outright. " et-41 _ -- Another option to look at would be an immediate sale of $160,000 with 4 months of rent free residence then starting a monthly rental by me that would cover the village's monthly costs in owning the property, or something like that. I hope we can strike a deal that would benefit myself as well as the village. I know you have outlined some of the advantages to me (primarily the lack of hassle in selling a home is what I am most interested in) but please don't overlook the distinct advantage to the village in acquiring a needed property (albeit in the future) at today's cost of real estate rather than at an increased fair market value to a future land owner/investor. I hope this opens the door to further consideration on the village's part. Thank you and everyone else concerned for your time and interest. Feel free to call me if there is no further interest and let me know. Yours, + George Kase Days: 312 640 3515 Evenings: 847 966 7399 October 16, 2000 OCT 17 2000 Mr. Larry Arft Village Administrator Village of Morton Grove Re: Proposal to acquire property at 8600 Ferris Avenue Dear Mr. Arft: Thank you for your letter dated Oct. 10. I would be willing to sell my property for $164,000 outright. Another option to look at would be an immediate sale of $160,000 with 4 months of rent free residence then starting a monthly rental by me that would cover the village's monthly costs in owning the property, or something like that. I hope we can strike a deal that would benefit myself as well as the village. I know you have outlined some of the advantages to me (primarily the lack of hassle in selling a home is what I am most interested in) but please don't overlook the distinct advantage to the village in acquiring a needed property (albeit in the future) at today's cost of real estate rather than at an increased fair market value to a future land owner/investor. I hope this opens the door to further consideration on the village's part. Thank you and everyone else concerned for your time and interest. Feel free to call me if there is no further interest and let me know. Yours, Q George Kase Days: 312 640 3515 Evenings: 847 966 7399 p jr a lit Village of Morton grove Office of the Village Administrator October 10,2000 Mr. George Kase 8600 Ferris Avenue Morton Grove, Illinois 60053 RE: Proposal to acquire property at 8600 Ferris Avenue Dear Mr. Kase: • I have read and evaluated your latest correspondence received by my office on September 26, 2000, regarding the above referenced property. As you know, the Village has no immediate use for your property or redevelopment plans for that area. The property is immediately contiguous to a likely redevelopment site, however, and the Village does maintain some interest in acquiring your property. I recently discussed your latest letter with the Board of Trustees and the Board has authorized me to offer you the amount of$160,000 for the property. Once again, there would be no real estate commissions or other costs associated with the purchase and the Village would be willing to work out reasonable terms and conditions so that you can remain in the property until replacement housing is found. If this proposal is acceptable,please contact my office and I will have Gabe Berrafato, the Village Attorney,prepare a sales contract. If the offer is not acceptable,the Village Board has asked me to express their appreciation for your offer to sell the property to the Village and to offer their best wishes for your ability to market the property at a price more to your liking. Once again, we do appreciate your interest in the Village and if the Village's latest offer is acceptable, please contact my office. Sincere] , ffriv N. • llage Administrator LNA/mk cc: Gabe Berrafato, Village Attorney Village President and Board of Trustees Admin/cortikase Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove, Illinois 60053-2985 f! Tel: (847) 965-4100 • TDD (847) 470-5249 • Fax: (847) 965-4162 be rOr "?? Mr. Larry N. Arft Village Administrator Village of Morton Grove SEP 2 E 6101 Capulina Avenue 20011 Morton Grove, IL 60053 L:` Re: Response to offer to acquire residential property at 8600 Ferris Avenue Dear Mr. Arft, Thank you for your offer to purchase my property dated September 15, 2000. I am pleased that the property met with both your and Mr. Ed Hildebrandt's approval and that the village is interested in acquiring my property for land-banking. Everything sounds good to me except the village's offered price of $155,000. After conferring with local Morton Grove real estate professionals it has become clear to me that the amount I had asked for in my first letter to you is indeed at the bottom of going rates for comparable properties. I have intentionally set the price of my property low enough to make the price to the village very attractive, while still achieving the "fair-market value" that was brought up during the public meetings about the redevelopment of the Ferris-Lincoln area. Specifically, I am convinced that it is more than fair, and quite a bargain for the village in this very hot real estate market, to maintain my asking price of $167,000. Thank you for your consideration and I hope that you and the village find this acceptable. Please let me know. Respect yours, wakvd f .- George Kase 8600 Ferris Avenue, Morton Grove, IL 60053 '4or Village of Morton grove Office of the Village Administrator September 15, 2000 Mr. George Kase 8600 Ferris Avenue Morton rove, Illinois 60053 Re: Acquisition of Residential Property at 8600 Ferris Avenue Dear Mr. Kase: Please accept this correspondence as a response to your correspondence dated August 22,2000, regarding acquisition of your property at 8600 Penis Avenue as well as a conversation between yourself, Mr. Ed Hildebrandt, the Village's Building Commissioner, and myself which occurred on Wednesday, September 6, 2000. As you know, the Village has no immediate plans to redevelop that area of the Village in which your residential property is located. However, your residence is adjacent to an area that will likely be a high priority redevelopment site. Consequently,the Village would be interested in acquiring, for land-banking,your residence at the above referenced address under the appropriate terms and conditions: 1. The Purchase price would be$155,000 with no real estate commission or other deductions other than normal and routine closing costs which are the seller's responsibility. 2. The Village will make an earnest deposit of$10,000 to be placed in escrow per standard real estate practice and will defer the closing until such time as you were able to obtain a suitable alternate residence up to a period of one year following the date of the contract. If you are unable to find alternative housing, closing would occur on the one year anniversary under the terms and conditions stipulated in the sales agreement and the Village would acquire possession within thirty days after closing. The terms and conditions outlined in this correspondence will provide fair compensation while permitting a flexible closing date which would allow you adequate time to find alternative housing. Please carefully consider our proposal and contact my office with your reaction. Since Tarry N. Arft illage Administrator admin econ dev\lincoln ferris tinUcase property2.8600 ferns cc: Village President and Board of Trustees Gabriel Berrafato, Corporation Counsel 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 No Recy cled Paper te � g, Village of Morton grove �i• Office of the Village Administrator MEMORANDUM TO: Village President and Boars •f Trustees 1 � FROM: Larry N. Arft, Villa,9. inistrator DATE: August 24, 2000 RE: Offer to Purchase Property in Ferris/Lehigh TIF District Please find attached an offer I received from a resident by the name of George Kase to purchase property he owns along Ferris Avenue in the Village of Morton Grove. The property is located on the east side of Ferris in one of the primary redevelopment areas. Also, please find attached a copy of the listing for the property from 1995 when it was last sold along with a copy of the survey. Although the building does appear to be in fairly decent condition for its age, it is clearly one of the smaller units on the block. The home was purchased in 1995 for $116,000 and the owner has made some significant improvements. In discussing the property with Trustee Moll, he indicated a sale price of$150,000 would be desirable, however, the property would still be a decent value at $160,000. If you consider the legal and relocation expenses that could be involved later in attempting to acquire these properties should a good redevelopment project materialize, it would seem $160,000 is not out-of-line for the property. If Trustees concur that we should attempt to land bank this property, then I will make provision to more carefully inspect the site and ask Corporation Counsel to enter into some negotiations. If it appears we are able to reach an agreement on the purchase then we will need an Executive Session to authorize Corporation Counsel to enter into a formal sales contract for the acquisition. If the Board is interested in proceeding, I suggest we do a bank mortgage to cover the cost of the acquisition, anticipating the property will be rented out until such time as the land is needed by the Village. The purchase would be charged against the Ferris/Lehigh TIE Fund and we would use both rental income along with future property tax revenue to service the bank loan. LNA/sl admin econ dev\Lincoln ferns tif\kase property.8600 ferns attachment Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove. Illinois 60053-2985 h Tel: (847) 965-4100 • TDD (847) 470-5249 • Fax: (847) 965-4162 llllitlu- p AUG 2 2 2000 Mr. Larry Arft 8/22/00 Village Administrator - Village of Morton Grove 6101 Capulina Morton Grove, IL 60053 Dear Mr. Arft, Thank you for your time during our phone conversation a couple of weeks back Regarding the possible "land-banking" of my single family home located at 8600 Ferris Ave in Morton Grove. You indicated at the time that I should determine how much I would need to sell the property for and that I should then contact you with that information. I am enclosing a print out of recent comparable real estate sales in our area...I am pricing my property at the low end of the scale ($176,000) even though those houses on the print out do not have full basements as my house does. I realize that the village may not care about the improvements I have made since its purposes may not include much more than a quick drive through by a bulldozer, but here they are: • new privacy fence • new 150amp electrical service • new central AC • new gas furnace • new floor/wall treatment/toilet in bathroom • new reconfigured living dining area with built in bookcase • new track lighting in dining area • new auto garage door opener... My real estate agent (Jack Cohen at Marino/Century 21) has a property in Morton Grove that I am very interested in, however in this real estate market He tells me I can't make an offer contigent upon sale. So I am extremely interested in getting more particular information from your end on whether, if you're interested in buying my property, the time frames involved, next steps and if there's a possibility of getting a letter of intent to buy, or in fact, whether the process might actually be quicker than either he or I may have guessed. I understand you are not in today (8/22/00) so I will call tomorrow AM to follow up with you about this. Thank you very much for your attention Best Regards Ke/-(1‘C George • , 847-966-7399 a . � c€e-ThQ. \ \ .~ ~~`' � � � �^ \ ��� �� oL-1./ ..!.1 -- C,iteria; (ST=CLSD) A|`.D 4rK �J` gYP.,i) 419 ]IDSE3_J)ATE�01/01/99-08/21/00) . Vfj PRE ) AhE .BTH,=t cihD 'r.ICD= NC;m : . 3/R1/90 14:42 THD- .1 Detachey Sz^qle 3mil/ � • ge� . Lifl `J-ASE,t [P ”-r. E, LtIJ v ?u�i. 4; IL.:SE: MT »11 4. JTH E.:EF! ------- ---------- --- -- -- --- ---- H82�5322 7100 i,J 2[01:Er.2F: 169^.fi80 li:4,908 fl, 2.5!?5 f/ r: 2 1^0 80077672 9135 8ELLEFT-iPTE 1-'4^500 167,000 01c/- 0 42 a 2 1.0 ` 1@075849 �747 � 11.111 172."300 170,500 2 5 2 1 .0 99198759 9117 .7112. ..-.KER 174` 400 17L,000 127-27'99 13 5 2 1.0 00033667 9032 N MASON 179,900 172,000 0-3/� 4/00 1, 1 a 1.0 00024963 7450 FOSTER 177,900 175,000 05/19/00 4 7 2 to 99116913 3320 N MANGO 181,900 175,000 07/21/99 12: a 1 .0 99090570 7303 W DAVIS 184,800 179,000 08/16/99 21 6 P 1.0 99070349 7939 LOTUS AVE. 189,000 180,000 06/16/93 7 6 2 1.7 00031925 8913 MEADE 179,900 183,000 06/29/00 1 6 2 1.0 It 99160516 5636 CHURCH 184,900 185,000 12/06/99 7 5 2 1.0 l / 99203743 6829 DAVIS 189,900 189,000 01/13/00 1 5 2 1^0 L TOTAL DE CLSD LISTINGS: 12 AVRG SALE PRICE: 175` 950 AVRG MARKET TIME: 14 AVRG LIST PRICE: 180, 100 TOTAL CLSD LISTINGS: 12 AVRG SALE PRICE: 175,950 AVRG MARKET TIME: 14 AVRG LIST PRICE: 180, 100 • FE-ALIO-2000 14::42:17 __,-- 41 -$ 16'4,990 CLSD LIF N 9MD: 01/22/99 I I-i) 01 -25/99 DE S-$ 164,900 SAG 88735 SO 8366 c'NT FEN NT :1 : 'MAP COORDS - N: 8800 W: 71=79 S: 0 E: 9 +-- I7100 W DEMPS'iER 53 9823589 !MORTON GROVE 60053 8:1958 B78:Y SUB: IDIR:DEMPSTER W OF HARLEM TO 7100 ICRP:MORTON GROVE C:000K T: MOD:RANCH ASF: + -+ IRM: 5 BR: 2 BTH:1.0 PIBB:N FP: BMT:N BB:N PRN:G CAR:2 DN:SE ", ISTY:RANCH TPE:1 STORY BAS:CRAWL 1 IHEA:GAS,FORCED A* AC:CEN AIR EXT:AVS,B* OWN:FS ELE:CRCT41 IAPPL:OVEN-DBL,OVEH RNG,DSHWSH,R* WAT:LAKE * SEW:SEWER* SAS:NI 'DIM:60X115 TX:1948 97 TXC:SHO PIN:10183270120009I ILR:18X14 1 C N MB:16X9 1 C Y G:HYNES 67 ASM: NI IDR:19X10 1 C N B2:14X11 1 C Y ?:GOLF 67 WI: CI: IKT:11X9 1 V V B3: N H:NILESN 219 TRM:CONV I IFR: N B4: N POS:CLOSING I IUTL9X8 1 V Y N I N N N THE BEST OF THE BEST! THIS HOME HAS BEEN !TOTALLY UPDATED.KITCHEN,BATH,CARPETING,FLOORING, WINDOWS, I 'FRONT AND BACK DOORS WITH STORM DOORS,ROOF,FURNACE, WATER I IHEATER,CENTRAL AIR AND MUCH MORE! ! BEAUTIFUL_ WOOD TRIM AND I ID00RS.HUGE 2 CAR GARAGE OFF SIDE STREET.YOU DO NOT WANT TO (MISS OUT ON THIS GREAT HOME ! ! ! ICC:2.5-45 SCI:N I ISHO:CALL LISTING OFFICE 'OWNER:OWNER OF RECORD AON:N PH:847-222-50001 IBROKER:COLDWELL BANKER ID#:8055 PH:847-222-5000I IAGENT:RANDALL BRUSH ID#:85320 PH:847-359-23351 IAGENT E-MAIL: ICOLIST: AAN:847-222-3663 +----- + INFO NOT GUAR. ,CHECK FLOOD INS. ,RM.SZ.ROUNDED TO NEAREST FT. 21-AUG-2000 1442:17 ._:-_::_-. _:-_ _:___ *2 IL-$ 174,500 !-LSD WF N OND: 06/01/00 GLD:06/30/00 DE I - 'E 167 ,060 SAG 99999 ''J! 9=999 :'NT 2 _ MT E IMA14 Ca:PDS - H: 9135 W: 7100 S: 0 E: 0 + _... 19135 RELLEFORTE 53 000776,721 !MORTON GROVE 60053 2:1940 878:Y SUB: IDIR:DEMPSTER TO WAUKEGAN NORTH TO CHURCH, WEST TO HOME SOUTH! ICRP:MORTON GROVE C:COOK T:NILES MOD:RANCH ASP: P M: 6 RR: 2 9TH:1.0 MBB:N FP: 9MT:N 88:N PKN G CAR:2 DN:SE 'I ISTY:RANCH TPE:1 STORY RAS:CRAWL IHEA:CAS,FORC_ED A* AC:CEN AIR EXT:AVS OWN:FS ELE:CRCT*I IAPPL:OVEN/RNG, DSHWSH,REFRIG,WAS* WAT:LAKE * SEW:SEWER* SAS:NI IDIM:40 X 140 TX:2439.29 98 TXC: PIN:10183020140000I + + ILR:19X11 1 C MB:12X11 1 C G:HYNES 67 ASM: NI IDR:14X10 1 C 82:12X9 1 C J:GOLF 67 WI: CI: I IKT:13X8 1 V 93: N H:NILESN 219 TRM:CONV IFR:19X14 1 C B4: N POS:CLOSING I I I I i + I EXCELLENT STARTER HOME W/SEP DINING ROOM. !REMODELED KITCHEN IN 1990, REPLACED WINDOWS IN 1992. I !HARDWOOD FLOORS EXCEPT FAMILY RM. LOCATION ACROSS FROM PARK ION QUIET STREET. WALK TO HYNES SCHOOL. I I I I I ICC:2.571 345 SCI:N ISHO:CALL LO-SHOWINGS AFTER 4:00 I IOWNER:OF RECORD AON:N PH: I IBROKER:CENTURY 21 MARINO, * ID#:3020 PH:847-967-55001 IAGENT:JOSEPH HEDRICK ID#:30563 PH:847-965-17741 'AGENT E-MAIL: .josephhed'rick @realtor.core ICOLIST: AAN:PAGER 708--905-5205 I +- - + INFO NOT GUAR. ,CHECK FLOOD INS. ,RM.SZ.ROUNDED TO NEAREST FT. . • . . 2I-uUq-2000 14�42: 17 =============,==== ============== ,t13 �------------_--'----_ -'--_----_---------_'--------__ -�� : •L-$ 172,590 CLSD WF N OMD: 04/19/00 CLD;06/218/80 OF ( ^� -----� '----�--- --------- - - -- ----- ��+ S-$ 170,5@0 • 1)0 87740 SO 8624 PNT TIN 2 MT 3 ' : - - • ' NAP GQCFDS - N: 8400 W: 5747 5: 0 E: 0 | +---_--------------------------------_ ---------_--- --� ` 15747 W MAIN 53 0@0758491 |M0RTmH GROVE 60053 3:1952 378:i SUB: !DIR;MENARD (5800W) SO OF LINCOLN TO MAIN (NOT BUSY) . i 1CRP:MORTON GROVE C:COOK T:NILES MOD:RANCH ASF: • +- + |RM: 5 BR: 2 BTH:1.0 M3B;N FP: BMT:N 09:H PKN:G CAR:2 ON: i !STY:KANCH TPE:1 STORY BAS:CRAWL ! ' |HEA:GAS,FDRCED A* AC:CEN AIR EXT:BR OWN:FS ELE:CRCT*! |APPL:OVEN/RNG,REFRIG,WASHER,DRY* WAT:\AKE * SEW:SEAER* SAS:N\ 18IM:57 X 118 TX:2590 38 TXC:H PIN:102040203500001 +_-_-.-_--- _ ----- , _-----_-- + iLR:19X11 1 H Y MB:12X11 1 C Y G:EDISON 69 ASM: NI 1DR: A B2:12X10 1 H Y J:MADISO 69 WI: CI: | iKT:11X9 1 V Y B3: N H:NILESW 219 TRM: | |FR: N 34: N POS:NEGOTIABLE| |UTL11X9 1 | | � +----- � - ---- - --------_-------+ { MINT&IMMACULATE UPDATED BRK RANCH. DECDRATORS| |DELITE.GLEAMING OAK FLOORS,NEWER GARAGE W/ATTACHED COVERED | |PATIO.NEQER TEAR OFF ROOF.NEW FURNACE.C/A 6 YRS. NEW STORM | |WINDOWS"UPOATED BATH"ATTIC STORAGE" INDIRECT LITES. BEAUTIFUL' !PERENNIAL GARDEN. SHOWS LIKE A MODEL HOME! WALK TO TRAIN, | |Ll9RARY, SHOPS & TRANS. PRIME EAST MORTON GROVE LOCATION! | + -- - ----- + 1CC:2.5%-$50 SCI:N \ |SHO:CMLL LISTING OFFICE |OWNER:OF RECORD AON:N PH: / 1BPOKER:CENTURY 21 MARINO, * ID#:3020 PH:847-967-55001 IAGENT:LEE GROSKY ID#:32256 PH:847-966-96631 AGENT E-MAIL: | ICOLIST: AAN:PAGER 847-753-1177 | - _---_--------- + ^--- -+ INFO NOT GUAR" ,CHECK FLOOD INS" ,RM^SZ"ROUNDED TO NEAREST FT. 71—AUG-2000 1442:17 44 + —+ IL—$ 174,900 CLSD WF N DOD 11/01/q9 LLD:l '27792 DE _—$ 171,070 SAG 80313 SO 8407 PNT cIH 2 MT 131 I AP COORDS — N: 91017 W: (100 S: 0 E: 0 +_.._.. 19107 MCVICKER _3 991987591 !MORTON GROVE 60053 8:1947 878:Y SUB: 1 IDIR:NORTH OF DEMPSTER—WEST OF AUSTIN--SOUTH OF CHURCH. 1 ICRP:MORTON GROVE C:COOK T:NILES MOD:RANCH ASE: +— IRM: 5 BR: 2 BTH:1.0 MBB:N FP: BMT:Y BB:N PKN:G CAR:1 DH:WLRI !STY:STEP RANCH TPE:RAISED RN* BAS:FULL IHEA:GAS,FORCED A* AC:1 W/W UNIT EXT:BR OWN:FS Ei_E:CRCT*I • IAPPL: WAT:LAKE * SEW: SAS:NI IDIM:42 X 120 TX:2100 98 TXC:SH PIN:101730402000001 + + ILR:14X11 1 MB:12X11 1 G:PARK'VW 70 ASP: I IDR:COMBO 1 32:11X9 1 J:PARKVW 70 WI: CL: 1 IKT:13X8 1 B3: N H:NILESW 219 TRII:CONV I IFR: N B4: N POS:NEGOTIABLEI 1 1 1 + —+ I SUPER OLTY! SOLID BRK CUST RAISED RANCH W/OAKI IFLRS. FULL UNFINISHED BSMT W/NEWER GFA FURNACE. 20 X 11 MFLRI !UNHEATED 3RD BEDROOM/FAMILY RM BUILT IN 1980. EAT—IN KIT I IW/HUGE PANTRY. NEWER WINDOWS, FENCED YARD. VERY WELL I !MAINTAINED. BEAUTIFUL LOCATION NEAR FOREST PRESERVE, BIKE & I IBRIDLE TRAILS, PARKVIEW SCHOOL NEAR GOLF CRSE. LOCATION! I + —+ ICC:2.5%—$45 SCi:N I ISHO:APPT. ONLY I IOWNER:OF RECORD AON:N PH: I (BROKER:CENTURY 21 MARINO, * IDS:3020 PH:847-967--555001 IAGENT:JOSEPH MOLL - IDS:30315 PH:847-965-49611 IAGENT E—MAIL: I ICOLIST: AAN: I +--- + INFO NOT GUAR. ,CHECK FLOOD INS. ,R11.SZ.ROUNDED TO NEAREST FT. a . , == �5 21-AUG-2000 14�42; 17 ============�================== +- - + !L-$ 179,900 CLOD WE N OMD: 02/24700 CLD;03/29/08 DE. i �--��-------��--------�--------------------_'------__ 9-3 172,000 SAO 88810 SO 8323 PNT FIN 2 MT 7 �-----------------------------------------------��--- --�---�+ |MAP COOEDS - N: 9032 W: 5950 S: 0 E: 0 � +---- ------- --------------------_'--_ ----_-------+ |9032 N MASON 53 00033667 | !MORTON GROVE 60053 ?:1949 978:1 SUB: i \DIR:NORTH OF DEMPSTER, FAST OF AUSTIN ON MASON. / iCRP:M0RTON GROVE C:COOK T:NILES MVD:RANCH ASF: | +- ----_------_-_ _ |RM: 5 BR: 2 5TH:1.0 MBB:N FP:1 BMT:Y BB:N PKN:G CAK:1 ON: | !STY:RANCH TPE:1 STORY BAS:FULL^UNFIHI?HED i ' |HFA:OAS,HOT WTR/* AC:CEN AIR, 1 * EXT:BR,ST OWN:FS ELE: . |APPL:0VEN/RNG,REFKIG,WASHER,DRY* WAT:LAKE * SEW;SEWER* SAS:N| IDIM:48 X 124 TX:2581.81 98 TXC: PIN:101740806300001 ------ _-------_- + +--_--_- _-- -� -- |LR:17X13 1 F Y MB:13X10 1 H Y G:PARKVW 70 ASM: NI IDR: N B2:10X10 1 H Y 3:PARKVW 70 WI: CI: I |KT:12X9 1 V Y 53: N H:NILESW 219 TRM:CONV I |FR:15X10 1 V I 54: N P0S:CLOSIHG i |REC30X22 B { | | +_ - - - ------ _-----+ I SUPER "PARKVIEW SCHOOL DISTRICT" BRICK RANCH. | OAK FLOORS LR & BR'S. NEW ROOF '95(COMPLETE TEAROFF) . TUCK- I IPOINTED '93. GLASS BLOCK WINDOWS IN BATH & BASEMENT. SOME | INEW SIDEWALKS. GRADE LEVEL FAM RM/GARDEN RM ADDITION W/STONE| !FIREPLACE. FULL BASEMENT READY TO BE FINISHED. CONVENIENT | |LOC NR SCHO0.SvPARK,GOLF COURSE,FOREST PRESERVE,BUS & TRAIN. | + - -- ------_'+ 1CC:2^5*-$50 SCI:N \ |SHO:CALL LISTING OFFICE }OWNER:OF RECORD AON:N PH: | \BROKER:CENTURY 21 MARINO, * ID#:3020 PH:847-967-5500! IAGENT:HELEN GILBERT IQ#:39808 PH:847-254-9229} IAGENT E-MAIL: | ICOLIST: AAN:847-254-9229 i ^ ~ . INFO NOT GUAR. ,CHECK FLOOD INS. ,RM.SZ.ROUNDB TO NEAREST FT. Ii-AUG-2@00 14:4E; 17 ;(6 - '-----------__--�-------�_ -------------_'-----------_'-�-� 1L-$ 179,90@ °LSD WF N Orin: JE '39/30 CLD:05/19 10 IS; i -- ��---- �-�- _ ---�_--------_ ---- _------�� �-- �-- --�+ �-� 175,000 SAG 131272 SD 1+094 PHI FIN MT 4 ' +------------�-_-----------------_-----------_------ --_'---+ ;MAP COURTS - N: 3500 W: 7450 S: 0 E: � | ��---_-------------------- -_--------------- - - - --�� -+ |7450 FOSTER 53 3802496:| 'MORTON GROVE 60053 9:1953 B78:Y SUB: IDIR:SOUTH OF GOLF-NORTH OF BECKWITH-WEST CF SHERMEK. (CRP:MGRTOU GROVE C:COOK T:MAINE MOD:RANCH ASF: +--------_----------------- --------_--- ----_-_-_-+ |RM: 7 BR: 2 9TH:1^0 M9B:N FP: BMT:Y BB:N PKN:G SAR:1 DN:WLM \STY;RAHCH TPE:1 STORY 9AS:FULL,FINISHED •' IHEA:GAS,FORCED A* AC:CEN AIR EXT:BR OWH:FS ELE:FUSESI {APPL:OVEN/RNG,REFRIG WAT:LAKE * SEW:SEWER* SAS:N| |DIN:60 X 119 TX:3018 98 TXC:H PIN:091S20602200001 +-----------_-_-- ----------_---------- -- + |LR:18X14 1 MB:14X12 1 G:WASHIN 63 ASM: NI IDR:COMBO 1 B2:12X10 1 J:GEMINI 63 WI: CI: I |KT:18X11 1 B3: N H:MAINEE 207 TKM:CONV | IFR:14X14 1 B4: N PGS:NEGOTIABLE| |REC20X20 B 8B317X11 B l | | + - - - -- ---_-------' | SUPER QUALITY SOLID BRK RANCH. SOLID OAK IFLRS, HUGE EAT-IN KIT, MAIN FLR DEN(NEEDS TLC) , HUGE FULL | IFIN BASE W/REC, 3RD BR/OFF, HUGE LDY/UTL/WORKSHOP/STORAGE, | |OVER HEAD SEWERS & SUMP PUMP. NEWER GFA FURNACE, LDY CHUTE. I IHUGE REAR YD FOR GARDENING! ATT GAR, CEMENT SIDE DRIVE, CT I BATH W/VANITY. EXCELLENT OPPORTUNITY FOR HANDY PERSON! | +--------- 1CC:2.5*-$50 SCI;N I ISHO:APPT ONLY |OWNER:0F RECORD AON:N PH: | \pROKER:CENTURY 21 MARINO, * ID#:3020 PH:847-967-5500| IAGENT:JOSEPH MOLL ID#:30315 PH:847-965-4961 | 'AGENT E-MAIL: ICOLIST: AAN: + - -' - _--------- + INFO NOT GUAK. ,CHECK FLOOD INS^ ,RM.SZ^ROUNDED TO NEAREST FT. 21-AUG--2000 1442:17 181300 100 CL. D WE I OM ;. 06/29799 `ILD 0 21/.. DE I 2--b 175,000 SAG 23098 SO 3051 Phil FIN 2 IT .:: , MAP COOED. 5320 W: 5700 S 0 E: 0 ;8320 N MANGO `_13 7/S116913; II10RTOH GROVE 60053 8:1951 F78:Y SUB: I IDIR:OAKTON TO MENARD, NORTH TO MADISON EAST TO MANGO, SOUTH . ;CRP:MORTON GROVE C:C00K T:NILES MOD:RANCH AGF : IRM: 6 BR: 2 BTH:1.0 MBH:N FP: BMT:N BB:N PKN:G CAR:2 DN: I ISTY:RANCH TPE:1 STORY BAS:CRAWL I IHEA:GAS,FORCED A* AC:CEN AIR EXT:BR OWN:FS ELE:CRCT*1 IAPPL:OVEN/RNG,MICROWAVE,DSHWSH,* WAT:LAKE * SEW:SEWER* SAS:NI IDIM:45 X 124 TX:2577 97 TXC:H PIN:102040205400001 + ILR:17X12 1 C Y MB:11X10 1 C Y A:EDISON 69 ASM: I IDR:COMBO 1 0 Y 82:11X9 1 C Y T:LINCOL 69 WI: CI: I IKT:10X10 1 V •f B3: N H:NILESW 219 TRM: 1 IFR:19X16 1 C Y B4: N POS:NEGOTIABLEI IOFF1GX18 2 C I I I + + I HOUSE BEAUTIFUL! IMMACULATE & TASTEFUL. I 'GORGEOUS FR W/SI-IDERS TO 2 LEVEL DECK.+BEAUTIFULL'Y LANDSCAPEDI IYD.LOVELY EAT IN KIT.OPEN & AIRY.OFFICE IN HEATED,PANELED I 'ATTIC REACHED BY PULL DOWN STAIRS.NICE FINISHED LDY RM.NEW I ICARPETING.0/A 2 YRS.FURN 10 YRS. ROOF 3 YRS. HARDWOOD FLRS. I (PRIME EAST MORTON GROVE LOCATION! A 10+ HOME! I -- -+ ICC:2.5%-$45 SCI:N I SHO:CALL LISTING OFFICE I IOWNER:OF RECORD AON:N PH: I IBROKER:CENTURY 21 MARINO, * ID#:3020 PH:847-967-570071 IAGENT:LEE GROSKY ID#:32256 PH:847-966--9663l IAGENT E-MAIL: I ICOLIST: AAN:PAGER 847)753-1177 I INFO NOT GUAR. ,CHECK FLOOD INS. ,RM.SZ.ROUNDED TO NEAREST FT. a +-23-2000 1b•du CENTIy(Y di 1N0 r,vc�C H • 07232 OLP-S 129,900 LP-0129,900 SP4116,000 CONV xD-07/24/95 CD-09101/96 00M- 65 PS- 12-za CA-3SON • • v Y yr L.:'*'" ` • SAryf 'C'f S.•'M' 1� S 9 M R 0600 FERRIS *YEN 53 91 07 MORTON GROVE 60651 • 0 8:1925 SUB: 5W2 DIR:DEMPSTER TO FERRIS SOUTH TO HOUSE CRP:MORTON GROVE C:COOK T:NILES CT 0.00 MC'✓:BUNGALOW RM:5 8R:2 BTH:1.0 M88:N FP:0 BMT:Y PKN:G CAP.5:1 ON:SEP STY:BUNGALOW TPE:1 STORY BAS:FULL•UNFIN HEA:GAS,GRAVRY• AC1 WAY UNIT EXT:PR OWNJ:S ELE:00 AM• APPL: IMP:CURBS/GUTTERS• PC: DIM2S X 105 TX:1155.95 TY:93 PIN:51 •10 .111 •009 0000 LR: 13X12 1 H Y M11:12x3 I H Y T G:PARKVW 70 N ASM:0.00 DR: 17X12 1 H Y 821X9 1 H Y J:PARICVW 70 N KT: 12X11 1 V Y 83: H:PARKVW 70 N WI: FR: 84: TRM: . CI: POS:q,OSIN9¢ FRAME RESIDENCE L .NR TRAIN& TOWN. HOUSE IS DATED BUT VERY CLSAN/WELL MAINTAINED. ZONED C-2.VILLAGE OF MORTON GROVE.RESIDEFMAL IS NONCONFORMING USE IN C4.CAN BE USED FOR RESRI OR BUSINESS NOT BOTH) IF USED FOR BUSINESS.CANNOT REVERT TO REBID USE. CAN BE PURCHASED AS A PACKAGE W/NEXT DR BLDG AT 5602 FERRIS. CCa5 SHO:CO-ISTER:E.ECKHARDT SCI:X OWNER:MUST BE SOLD IN'AS It COND AON:N Ph. BROKER:CENTURY 21 MARNO,• ID93020 P14:706947-5600 AGPNT•Nn,00.s MARINO GM 1D070305 •14-706•a5-0190 -LAj-23-2000 lc.ell CENTURY 21 iNC r,d.v0.a N PLAT OF SURVEY . al.- SKI, MATTIS, INC. LAND SURVEYORS 4332 OAKTON STREET SKOKIE, ILL. 60076 (70$) 674-7373 OF LOT n AND LOT 10 (EXCEPT THE SOUTH 10 FEET THEREOF) IN BLOC* I IN BINGHNI MO FERNALD.; MORTON GROVE SUBDIVISION BEING LOT 110 IN THE COUNTY CLERK'S DIVISION OF SECTION 10, AND ME EAST HALF OF THE NORM tAST QUARTER OF SECTION 14. TOWNSHIP 41 NORTH. RANGE 13. EAST OF THE THIRD PRINCIPAL MERIDIAN, (EXCEPT A TRACE 100 FEET NORTH AND SOUTH BT 118.9 FEET EAST AND WEST AT ME SOUTH EST CORNER or SAID LOT 40, IN LOOK COUNTY. ILLINOIS. • SOUTH LIME Of CAPULINA AVE. • g 111 e r " 1 N• reg� GI It a R IO N f 2 • M ' "' 104.54 w Chi nat T 1A.IA / . a fO.tB� /A.OY I3 7 / /rrTB i)�9 mug �' w ".4 4 STORY FRAME .f GARAGE f� � WITM ATTIC AND I j?AM I BASEMENT • BA00 I e re I III .....•/// ' / a f V J 1 -j -ii w - ' )9.96++- w ' — V F O Cr CC CONCRETE WALK r r V I Y� f W i © J Y Si 1 4 104.50 V ._. .__ . ....__.�.. -- W w . . s ft yLL O r H OI f• WY r s Y.1 e r 6 F' 1 se I- fo 2r r €s . � 7- a / - p.s �, Pfr (O r/ 6-j 00 d , a MIS u.n a..ra. 7 • G1k 11..1r._ IS tee. - ��yyR,p �.rera 275-95 aprtduse trews!.MOM...r."r Need.wad+a ...wear ton*+.eel rr»....r.r � . wen d..vr d.s r Or di plot..Inn•dw++to.r+»r n.Y wee. Nal WINMEW own w 18 Mn din p Is.r4 islesly W r.unreel M N tire..Mn..p. . !' ��� �.�1s4 knew Yee MI • . - 10C►11dd Yl/In TOTAL P.03 to Village of c9Viorton grove •.- Office of the Village Administrator September 15, 2000 Mr. George Kase 8600 Ferris Avenue Morton rove, Illinois 60053 Re: Acquisition of Residential Property at 8600 Ferris Avenue Dear Mr.Kase: Please accept this correspondence as a response to your correspondence dated August 22,2000, regarding acquisition of your property at 8600 Ferris Avenue as well as a conversation between yourself,Mr. Ed Hildebrandt,the Village's Building Commissioner, and myself which occurred on Wednesday, September 6, 2000. As you know, the Village has no immediate plans to redevelop that area of the Village in which your residential property is located. However,your residence is adjacent to an area that will likely be a high priority redevelopment site. Consequently,the Village would be interested in acquiring, for land-banking, your residence at the above referenced address under the appropriate terms and conditions: 1. The Purchase price would be$155,000 with no real estate commission or other deductions other than normal and routine closing costs which are the seller's responsibility. 2. The Village will make an earnest deposit of$10,000 to be placed in escrow per standard real estate practice and will defer the closing until such time as you were able to obtain a suitable alternate residence up to a period of one year following the date of the contract. If you are unable to fmd alternative housing, closing would occur on the one year anniversary under the terms and conditions stipulated in the sales agreement and the Village would acquire possession within thirty days after closing. The terms and conditions outlined in this correspondence will provide fair compensation while permitting a flexible closing date which would allow you adequate time to fmd alternative housing. Please carefully consider our proposal and contact my office with your reaction. Sinc- . ,// 7 N. Arft Wage Administrator admin aeon devUincoln ferris tiflkase propett 2.8600 feats cc: Village President and Board of Trustees Gabriel Berrafato, Corporation Counsel 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 art Recycled Paper Mr. Larry N. Arft Village Administrator Village of Morton Grove SEP 2 S 6101 Capulina Avenue 2J0® Morton Grove, IL 60053 Re: Response to offer to acquire residential property at 8600 Ferris Avenue Dear Mr. Arft, Thank you for your offer to purchase my property dated September 15, 2000. I am pleased that the property met with both your and Mr. Ed Hildebrandt's approval and that the village is interested in acquiring my property for land-banking. Everything sounds good to me except the village's offered price of $155,000. After conferring with local Morton Grove real estate professionals it has become clear to me that the amount I had asked for in my first letter to you is indeed at the bottom of going rates for comparable properties. I have intentionally set the price of my property low enough to make the price to the village very attractive, while still achieving the "fair-market value" that was brought up during the public meetings about the redevelopment of the Ferris-Lincoln area. Specifically, I am convinced that it is more than fair, and quite a bargain for the village in this very hot real estate market, to maintain my asking price of $167,000. Thank you for your consideration and I hope that you and the village find this acceptable. Please let me know. Respectf, yours, ' clAV George Kase 8600 Ferris Avenue, Morton Grove, IL 60053 4r Village of Morton grove Office of the Village Administrator October 10, 2000 Mr. George Kase 8600 Ferris Avenue Morton Grove, Illinois 60053 RE: Proposal to acquire property at 8600 Ferris Avenue Dear Mr. Kase: I have read and evaluated your latest correspondence received by my office on September 26, 2000, regarding the above referenced property. As you know, the Village has no immediate use for your property or redevelopment plans for that area. The property is immediately contiguous to a likely redevelopment site, however, and the Village does maintain some interest in acquiring your property. I recently discussed your latest letter with the Board of Trustees and the Board has authorized me to offer you the amount of$160,000 for the property. Once again, there would be no real estate commissions or other costs associated with the purchase and the Village would be willing to work out reasonable terms and conditions so that you can remain in the property until replacement housing is found. If this proposal is acceptable,please contact my office and I will have Gabe Berrafato, the Village Attorney,prepare a sales contract. If the offer is not acceptable, the Village Board has asked me to express their appreciation for your offer to sell the property to the Village and to offer their best wishes for your ability to market the property at a price more to your liking. Once again, we do appreciate your interest in the Village and if the Village's latest offer is acceptable, please contact my office. Sincerel , i/%/ rfc llage Administrator LNA/mk cc: Gabe Berrafato, Village Attorney Village President and Board of Trustees Admin/corn'kase Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove, Illinois 60053-2985 fl Tel: (847) 965-4100 • TDD (847) 470-5249 • Fax: (847) 965-4162 � 4 ear id Village of c7Viorton grove - Office of the Village Administrator October 26, 2000 Mr. George Kase 8600 Ferris Avenue Morton Grove, Illinois 60053 Re: Proposal to Acquire Property at 8600 Ferris Avenue Dear Mr. Kase: At a recent Executive Session Board meeting, I discussed with Trustees your latest correspondence dated October 16, 2000. After considerable discussion, Trustees authorized me to present the following offer for your consideration. 1. The purchase price will be $160,000 with closing to occur as soon as possible. 2. You would be allowed to remain in the property for up to a period of twelve (12) months. The first four (4) months following the date of closing would be free with no rent charged. The second eight months or part thereof, if occupancy continues, would be at a monthly rental rate of$900.00. The occupant would be responsible for all utilities during the rental period. Further, the Village will file the necessary documents relative to exempting the property from real estate taxes. Because the continued residential use, property taxes may be levied against the property. The tenant will also be responsible for paying any property taxes resulting during the period of occupancy. 3. The Board also requested a level one environmental assessment be completed on the property prior to closing. Once again, I believe the Board has met the key points incorporated in your correspondence of October 16, 2000. If the terms and conditions contained in this correspondence are acceptable, please contact my office and I will authorize Corporation Counsel to proceed with the necessary sales contract. Sincere. ietry /kr N. Arft age Administrator 1 admin econ dev\lincoln ferris of lease property3.8600 ferris cc: Gabriel Berrafato, Corporation Counsel Village Board of Trustees 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 Tag October 16, 2000 CCT 1 i 2flflU ' Mr. Larry Arft • Village Administrator Village of Morton Grove r hR � C r 4a 4a _ Re: Proposal to acquire property at 8600 Ferris Avenue Dear Mr. Arft: r 4 4 c 1 <.r- t C.> ,Thank you for your letter dated Oct. 10. • .>, I would be willing to sell my property for $164,000 outright. -- —�� Another option to look at would be an immediate sale of $160,000 with 4 months of rent free residence then starting a monthly rental by me that would cover the village's monthly costs in owning the property, or something like that. 1 hope we can strike a deal that would benefit myself as well as the village. I know you have outlined some of the advantages to me (primarily the lack of hassle in selling a home is what I am most interested in) but please don't overlook the distinct advantage to the village in acquiring a needed property (albeit in the future) at today's cost of real estate rather than at an increased fair market value to a future land owner/investor. I hope this opens the door to further consideration on the village's part. Thank you and everyone else concerned for your time and interest. Feel free to call me if there is no further interest and let me know. • Yours, George Kase Days: 312 640 3515 Evenings: 847 966 7399 REAL ESTATE CONTRACT-APARTMENTS/INVESTMENTS In wow WHEN EXECUTED BY ALL PARTIES THIS WILL BECOME A LEGALLY BINDING AND ENFORCEABLE CONTRACT TO: GEORGE KASE --e z DATE NOVEMBER 1.2000 ...I�w 1 OFFER OF PURCHASEI R'WM(Punitaer)offer to purchase M real estate known at s 8600 FERRIS AVENUE MORTON GROVE 6 Sweet �. COOK IL 60053 . T Carte Sole a Legaty described on exhibit A if any.Lot size appredrael ey 25'X 105' g INCLUSIONS:The Ioeow g shad be included:personal property(bYpping b sae«),if rat.bated on the reel estate a d Pe date hared.for which a bill of male wil be 10 given:screens.Moan vMdows and daors;shades,window binds;draper/rods:GrbWn mid:radiate cams;attached TV antenna:heating,central cooling.vreekg, fixtures;attached bookcases; Ib plaided vegetation:_ door openers Me 1� transmitters;a� etlree smoke M ca :Idle mom b u it alS,tenaln; refrigerators; ranges;as ass as the ss ta Bhns 14 =limn N The beowbg shall be excluded: Is 1'PRICF;Purdue°Pdce:s 1 000,00 ideal earnest mom 1.® 17 said cheek be Cheek properly dated N//� Mete QlforllQV IOr SOBpt Nine coned Upon 18 %of purchase properly r-e - by the party deWabd Puagadr 7. The earnest 19 on«befoc ones within -------days and SMeh aaspance IWM.sad in rllaM money ahai be returned.end tlndlb Increased lo offer M voiidd I not this offer 20 2.FINANGNG -- accepted 2, ratelobe a } -. ^. _.a, ..._saaslwyy .. . 22 fist°ale al to + i A y ,j ^B T t 23 to exceed M ` else seed,wTl a 24 to exceed I e r .adjustment cap not 1 Y 1 C a Ian service charge 25 N Purchaser ....1: / •26 lime speoeed m . 2 27 SECURED NTA ITME • ekam`v^9a9 within the 28 COMMITMENT A• ypST. .DEEMED TO HAVE b a !',�T• �!!!�� N THE MORTGAGE 21 3g herein with sus• -1 • elr}!I FILM after said contemplated 31 assets of at leas e• . -• Nan Crl jI yg;;::yy - area having 3, relating to the -33 financing as he ^ . la - �I poi 6j a }}lay yyy t{yy� sign MlomalY gapers• RIDER IS ATT D, • 'n MMM • it r t 4 t so SUBJECT CLOSING •35 SALE OR CIe -.OF ER ( S I 0 , TSUBJECT TO THE nThe Purchase Prim shall De paid,erbed b proa8ona M n pet.by aN°Ne check or certified ptek at ctask:g,unless otherwise provided for Financing Rider. 38 4-CLOSING; (a) Closing or escrow peyote shat be on aprovided title models wigs this contad or has been 39 stamped recordable warranty deed with release d Homestead Rights(or others accepted by Purchaser.by conveyance by coo (b)Title shall be conveyed at the erne ct appropriate deed NN at«Nenesleb)rdeayadd .� P P. •baling improvements not yet completed::elements.if not due at date�d any sped* for 200Qr°subsequent Ynent heed a ate dice. buildin if any, 9 liquor restrictions of record; boning and budding laws and ordinances: pdvete, Pubic and ally elmenbletis cooee,anb and resbkdre of record wag 43 rights and agreements, B and: roads and highways; misting leases a in tenancies esh 2 set fo:h in done or suffered new by leases entered into by Serer prior to dosing N the 44 •...nary course d business:the mortgage or trust deed.H (c)This sale mall be dosed at office of Purchases mortgagee or.if nob.at des of listing poker.«a «te0e' the PMthaw same) ONIC.ACO111'Lt CF✓Z,v✓/AJ -nT}C Nbdf«d bdw. •4 at re0rs[deibd pary.neswwwith the title (Address) SKOKIE OFFICE Rdtsko en Se r • 1L < R•RATI• --Real Estate taxes(based on )issuing moat recent q dead end money ig ab«aw,tea be We. pewees 5 sit adw«. bina taxes ando�poratede items including good heard insurance NW be prorated to date taxes);ses9aHeleh insurance pdtlsq t requested ed by Padbaer,ads.if estate Restorations sure*dosing;if amount due is not possession.then Pries hereto agree b reproves Shell be _ 5)ra.: 1• :Possession,totted toleaes andlenancies.Naabedeeaerrr days erta hedbanprnaNlersMdrbatws aseMale (al Use and Occupancy.At dales,Seiler shall see rider attached provided sop has been dosed. p to and including be date possession N to be aamq«pay on monthly Ma whichever °el'ne user and o r shall r commencing a gas eel day Mkt band 55 occupancy beyond the date possession is su re dered, period k Nlrter.Purchaser FAST Ida°any eminent mete for use and 56 (b)Possesslon Escrow. At cloying,Send Ned deposit with adowee depplaled N Paragraph 7 57 possession on or before date set bat above,which awn shad be held from the net ppaeda of Pe sale e baba the rem If S b guarantee 58 a above,Seller shag pay to Purchaser N addition b the above use and the ant of receipt d y Sato does not and including 59 ,� Seller P �r piny unpaid use and ocwwncy b the date possession Y M mmaletiedd smooths)b be paid ad of escrow and balance.ip f any,tto be payments by Purchaser that not knit Pwcesds other legal remade& 6 r 'NE T MONEY:Earnest money and this contract Mal be hide by attorney(Or Seller for the bsrbN hereto, SvIIM1�_. E_ . . of the pales t_! - is to etches to Purdwer and is to be r lime of ceasing or MmnNeir d gds TTO'HEY APP OVA • This pod a Fortnum upon tined Contract. r Ptne edar a e ermhn p:'� 10 WORKING days and Seller's�e d upon the approval hello as p to Mm by the /Moneys ter Pad her and Seer within 9-INSPECTION: Purchaser may secure at Purcharh a this sorted t.te p vkl be given b Paragraph 11 peo tearysir/brad a inspection)of said Real Estate by a professional inspection n aende a). Purchaser al se ve by etecu,leree regulation,m defects.•property,etidoe 1e by Able wood Weston 88 copy the recant. Pen 10 NO WORKING says t abrdnc a this ahem by the SENCE OF). TILE 69 are reroepade to the Purchaser,together wit•mpy d tle 1opon(s)seen 10 WORKING dsya at accedence d this Contract. IN THE ABSENCE OF NOTICE 79 WITHIN THE TIME SPECIFIED, THIS PROVISION SHALL BE DEEMED WAIVED BY THE PARTIES AND THIS CONTRACT SHALL REMAIN N FULL FORCE AND 71 EFFECT.II within five(5)calendar day altar reeept Of such noes and repoga),agreement cannot be reached by the pedal a to how the cog of careclo n Nall be 72 apportioned between the parties, then either party may tdnliele this Contract by, written notice b the ciw Pry and THIS CONTRACT SHALL BE NULL AND 73 VOID AND THE EARNEST MONEY REFUNof DED RCHASER UPON WRITTEN DIRECTION OF THE PARTIES TO ESCROWEE.. The papery Inspection shell cover,but not be limited to the D NE the Real oared heating drq sybe^(s), mine 75 ceilings,floors and foundation.A major cangonen shall be deemed to be N ts,I It pyonnre interior numbing which a's Inended:regadi sso pea e 78 PURCHASER AGREES THAT DISCLOSURE OF MINOR REPAIRS AND ROUTINE ENANCE I R pMalEsera A PART OF TH a b'QIGEPC regardless of Sou_ 77 indemllty Seller from and against any loss at acts mergence REMSMENOT pPAnTOFTHn*ug such Purchaser shall 78 78 1' _ .BASED-NN . IN C•a' °amaabatTTN, c .S contingent use use agalladRadarr or the stn nt f Pepr•perty eudn faint and/« _.. !TTT paint haze ambllgem u00n r Nsprtlorl or nett aradrd d the poprl� so within to celendah days of acceptance of this"s contract by aeirgansiVe°beMW beenprte tensed a Mr by to rjew�of teed based 8, existing deficiencies. copy d the inspection ante risk assessment may.M*Were Purchaser option,'R delvers days a Seri written Purchasers s expense specific 82 Per chaser to aster or to T correct pr11M'er to deftiermles pia b closing dosing that g e 'fin notice aledlon to Purchaser.It Sues Sectsdto Wise tl e N purchase at Pity sere and Purchaser wean 2 day after delver/01 SMeh elecion hat b cred edJre Ns sorted void or may ile ct to 95 tea or damage b the gal estdb causes ads d may 1emove gas contingency) wirryry tins weed aloe. Puchar slop 98 by rbplperlce dPlydleaeratlne pehspl(s)pMOmteg waitka0edas bdeady SaMd from and sprat Anl e7 The terms of the Rger(s)consisting of pages Mooted hereto N made e pr heed. as PURCHASERS NAME 89 (Type or Print):THE VILLAGE OF MORTON GROVE r eon: A //^ / SALES TAX EXEMPTION NO. Ssae.�E9990149104 9921 PURCHASER ®,ftg g f�� I/d ,_/2^ 93 `—IC "'^^^„'ell g'V Address 6101 CAPUUM AVENUE 94 It's President MORTON GROVE IWNOIS as City sear 60053 96 ACCEPTANCE OF OFFER BY SELLER; z4 :78 This day of 20__.wit mad this offer and air to peetda and convey accedes b end bens Otis called. tog SELLER'S NAME(Type or Pint) GEORGE KASE 101 SS* 104 07 salmi 4/ SS N. 105 Address 8600 Feet Avenue to SELLER toe Morton Grove ILLINOIS 60053 Ply Star BP 108 THE PROVISIONS APPEARING ON THE REVERSE SIDE HEREOF MEAN INTEGRAL PART OF THIS CONTRACT to ApVav do 55032 North Sae Board of REALTORS* BILL OF SALE Seller, GEORGE KASE of 8600 FERRIS, MORTON GROVE, IL 60053-2829, in ell, consideration of Ten ($10.00) dollars, receipt whereof is hereby acknowledged, do hereby sAL assign, transfer, and set over to Buyer, VILLAGE OF MORTON GROVE, CORPORATION of 6101 CAPULINA, MORTON GROVE, IL 60053, the following described personal property to wit: As specifically set forth in the real estate contract dated November 1, 2000, entered into by the parties and made part hereof. Seller hereby represents and warrants to buyer that Seller is the absolute owners of said ler property, that said property is free and clear of all liens, charges and ndd n make nces, and 1 of that SelAll has full right, power and authority to sell said personal property warranties of quality,fitness, and merchantability are hereby excluded. If this bill of sale is signed by more than one person, all persons so signing shall be jointly and severally bound hereby. IN WITNESS WHEREOF, Seller has signed and sealed this bill of sale at Skokie, Illinois, this 3a day of November, 2000. . sLi (Seal) I. V 4 I, Henry E. Szachowicz, Jr., a notary public in and for said County, in the State of aforesaid, DO HEREBY CERTIFY THATGEORGE KASE,a single man,personally known to me to be the same persons whose names are subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that they signed,sealed and delivered the said instrument as their free and voluntary act, for the uses and purposes therein set forth. Given under my hand and official seal, this 3d day of November, 2000. STATE OF ILLINOIS COUNTY OF COOK NO ARY PUBL it "OFFICIAL SEAL" Henry E.Szachowicz,Jr. Notary Public,State cr Allipois !_CCU m aREAL ESTATE CONTRACT - APARTMENTS/INVESTMENTS ruroa-� M REN EXECUTED BY ALL PARTIES THIS WILL BECOME A LEGALLY BINDING AND ENFORCEABLE CONTRACT A i TO: GEORGE KASE e OPPORTUNITY 2 DATE: NOVEMBER 1. 2000 (Seller) 3 OFFER OF PURCHASER:IIWe(Purchaser)offer to purchase the real estate known as 4 5 8600 FERRIS AVENUE MORTON GROVE COOK IL 60053 6 Street City County State 7 Zip 8 Legally described on exhibit A,if any.Lot size approximately 25'X 105' Tether ith 9 INCLUSIONS:The following shall be included:personal property(belonging to seller),if any,located on the real estate as of the date hereof for which a bill ofssale will be 10 given: screens, storm windows and doors; shades,window blinds; drapery rods; curtain rods; radiator covers; attached TV antennas; heating, central cooling, ventilating, 11 lighting and plumbing fixtures; attached mirrors,shelving, interior shutters,cabinets and bookcases; awnings; porch shades; planted vegetation; garage door openers and 12 transmitters;attached fireplace screens,smoke detectors;stairhall carpeting;boiler room tools; unit air conditioners;_refrigerators; ranges; as well as the 13 following specific items: 14 EXCLUSIONS:The following shall be excluded: 15 1-PRICE:Purchase Price:$ 160 000.00 Initial earnest money$ 1.00 16 Cash Check dated N1A payable to attorney for Seller in the form of 17 said check shall be properly endorsed by payee and deposited by the party designated in Paragraph 7. The earnest money shall be inccreaseda acceptance of this U.UU 18 % on f purchase price within ----_says after Sellers acceptance,hereof.Said initial earnest money shall be returned,and this offer shall be void if not accepted 79 2-FINANCING• •-• con -- " - 'n 20 g•' -obi • • • ase with- 21 note to be - a • - i e - t • A IN/ • Sel --- .n • -. u -loan l evidenced by a 22 fixed rate not to Q r ,u- e - e Q Pu -r shall adjustment with a• 23 to exceed tl h i .t t -aid b •mo • • ml a 'A,loan sMent cap not 24 not to exceed V v her asp r Final 'r. V 1. a loan service charge 25 If Purchaser -ood - •ut is obtal rent •rtga! ntem•• -in,P -halls 1 eller in writing within the 26 time specified in ' 'h 2. I R IS NOTP HIN E PE 'URC HALL • PUR• :E DEEMED TO HAVE 27 SECURED SUCH ITMEN I HAVE D TO • ••SE TH I ESTA OUT M 'GE Fl G OR B PON THE MORTGAGE 28 COMMITMENT As YOBT• f Seller 'tified,& y,at Se •lion,wit 29 to accept purcha- finam • secu addiC ys after said notice,elect gage • rent on if Pur �.n su• herein with such the s 5 fer .age loan contemplated 30 -d dl!• .oil impa P ' ee- to any .tituti.. .end• the sign c sto dry papers esta 31 assets of at leas dot Her I •, P - �.ree- • to S • ues relating to the - d •firma sign customary financing as he. r 'rn' el t fter •I n t ure 1 4 •9pt purchase money 33 9 t tr. al II o t n• •n: •II u HA. 5 as U l M T S SUBJECT CLOSING 34 RIDER IS ATT D, ( 0 1 IS WI • •TI I T SUBJECT TO THE 35 SALE OR CL OF • ER 36 3-PAYMENT METHODS.-The Purchase Price shall be paid,subject to prorations,all in cash,by cashiers check or certified check at dosing,unless otherwise provided for 37 in Financing Rider. 38 4-CLOSING: (a) Closing or escrow payout shall be on 11/30/00 provided title conforms with this contract or has been accepted by Purchaser, by conveyance by 39 stamped recordable warranty deed with release of Homestead Rights(or other appropriate deed if title is in trust or in an estate)and payment of purchase price. 40 (b)Title shall be conveyed at the time required by this contract subject only to:General taxes for 2000 and subsequent years;special 41 for improvements not yet completed;installments,if any,not due at the date hereof of any special tax or assessments for improvements h tofo a completed;building fl lines 42 u:'n• •nd liquor restrictions of record; zoning and building laws and ordinances; private, public and utility easements; covenants and restrictions of record; party wall 43 rj{ -•• g -ements, if any; roads and highways; existing leases and tenancies as set forth in rent roll and new leases entered into by Seller prior to dosing in the 44 1 L•.-, ,r -of business;the mortgage or trust deed,if any,as described in Paragraph 2 above;acts done or suffered by or through the Purchaser. 45 I 7 ( )This sale shall be dosed at office of Purchasers mortgagee or,if none,at office of listing broker,or as specified below: 4• - 6$N\B. Ni L L. 7 .t•. (Address) eKOcU w;fee t bee BMed betde`en Seller and Purchaser. fl '- - t of either party,in escrow with the title company is�auing the title commitment by dead and money escrow;fee to be divided between Seller and P 5 'fir', ONS:Real Estate taxes(based on i•#P 10> %of most recent ascertainable taxes);assignable insurance policies,if requested by Purchaser;rents,if any; • - -•es and other proratable items including flood hazard insurance shall be prorated to date of possession. Parties hereto agree to reprorate when— real estate 5; x I is available. Reprorations survive dosing;if amount due is not paid in- days after demand,then the compound interest due shall be--- %. 52 •-POSSESSION:Possession,subject to leases and tenancies,shall be delivered on see rider attached provided sale has been closed. 53 (a)Use and Occupancy. At closing,Seller shall pay to Purchaser$ per day for use and occupancy commencing the first day after closing 54 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 55 occupancy beyond the date possession is surrendered. 56 (b)Possession Escrow. At dosing, Seller shall deposit with escrowee designated in Paragraph 7 below the sum of $ - — to guarantee 57 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 56 as above eller 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 59 ,* . 'e 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 be 1 Seller;and acceptance of payments by Purchaser shall not limit Purchasers other legal remedies. 6' ST • 'EY:Eamest money and this contract shall be held by attorney for Seller for the benefit of the parties hereto, r eel- id a money is •accrue to Purchaser and is to be paid to Purchaser at the time of dosing or upon termination of this Contract. `*All interest earned on the earnest 8-ALT5 NEY APPROVAL: This contract is contingent upon the approval hereof as to form by the attorneys for Purchaser and Seller within 65 10 WORKING days after Sellers acceptance of this contract.Notices shall be given pursuant to Paragraph 11 on the reverse side hereof. 66 t4NSPECTION: Purchaser may secure at Purchasers expense (unless otherwise provided by governmental regulations) a property, radon, and/or wood infestation 68 67 inspections)of said Real Estate by a professional inspection service(s). Purchaser shall serve notice upon Seller of any defects, disdosed by the inspection(s). which 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 70 WITHIN THE TIME SPECIFIED, THIS PROVISION SHALL BE DEEMED WAIVED BY THE PARTIES AND THIS CONTRACT SHALL REMAIN IN FULL FORCE AND 71 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 72 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 73 VOID AND THE EARNEST MONEY REFUNDED TO PURCHASER UPON WRITTEN DIRECTION OF THE PARTIES TO ESCROWEE.. The property inspection shall cover, 74 but not be limited to the major components of the Real Estate:central heating system(s), central cooling system(s), interior plumbing system,electrical system,roof,walls, 75 ceilings, floors 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 age. 76 PURCHASER AGREES THAT DISCLOSURE OF MINOR REPAIRS AND ROUTINE MAINTENANCE ITEMS ARE NOT A PART OF THIS CONTINGENCY. Purchaser shall 77 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. 78 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 79 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 80 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 81 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 82 Purchaser, elect to correct or NOT correct the deficiencies prior to dosing and shall give written notice of such election to Purchaser. If Seller elects to correct the 83 deficiencies, Seller shall furnish to Purchaser prior to dosing certification that such deficiencies have been corrected. If Seller elects NOT to correct such deficiencies 84 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 85 purchase property subject to the deficiencies. Purchaser may remove this contingency at any time without cause. Purchaser shall indemnify 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. 86 87 The terms of the Rider(s)consisting of pages attached hereto is made a part hereof. 88 PURCHASER'S NAME Print):(Type or Print: THE VILLAGE OF MORTON GROVE Ssem GIN:36-6006007 90 BY: 'A L �"__ _ S ALES TAX EXEMPTION NO. ssw E9998149104 PURCHASER ` fi 7 9z 3-' .ID //VI-, Address 6101 CAPULINA AVENUE 93 It's President sb MORTON GROVE ILLINOIS 60053 95 City State Zip 96 ACCEPTANCE OF OFFER BY SELLER: 998 This day of 20 we accept this offer and agree to perform and convey according to the terms of this contrail. 99 100 SELLER'S NAME(T or Print) GEORGE KASE SSN: 101 102 D,,,((( SSN: 104 SELLER U/�; IU Address 8600 Ferris Avenue 105 106 SELLER Morton Grove ILLINOIS 60053 107 Cit 108 Y State Zip 109 THE PROVISIONS APPEARING ON THE REVERSE SIDE HEREOF ARE AN INTEGRAL PART OF THIS CONTRACT. Aptfnv 6/98#5032 North Shore Board of REALTORS® ..NgTICES be required or made under the terms of this Contract shall be in writing and shall be dadveto ti�rtifed or 110 All notices or other communications which may written notice designate,by personal 111 heretoretheador by which transarssiortheirase names, aiat s,such address shall such deemed person mtabegiena)' 112 registered mail,or by taesimile transmission. In case of mailing,such notice shall be deemed to be given as of the date notice is placed in the United States mail,postage 113 paid. period attorneys.If written notice of disapproval 114 For the purposes of Paragraph 8 and 9 of this contract,if written notice off be apex disapproval given within hereto t be their speciive specified this contract shall be null and void and 115 the earnest money shall time returned to Purchaser.red,this Notice g of ncy shall be may 116 is NOT given within the time period specified,Nis contingency shall be deemed waived and the contract shall remain in full brace and effect. 117 red any,shall be paid to Purchaser inl i complete Seller rect.that it 118 12-EXISTING LEASES;Seller r�resenlsNatthe information contained o^Ne Rent Roll Rider attadredhereto concerting existing leasesiscomplefeand correct. 110 agrees not that all ate any shall leases assigned to Purchaser nt'at closing and that Into any security deposits,( t with contractual or statutory utsin issereso if any,shall without ho t 120 shall rat terminate any leases(other than for tenant's default)nor enter Into any new leases(other than in the ordinary course of business)prior to dosing wittaut 121 Purchaser's prior consent,which consent shall not be unreasonably withheld.Security deposits,if any,together 122 to Purchaser by Seller at closing. 123 124 anrr o rOMMITMENT:(a)Seller shall nnrivar^'nal"^in nit rlWivered to Porrhssar nr Purchasers anent no eSSte than of Illinois,sa�n the amount to mount of the purchase price, 125 commitment for the eal e owner's estate insurance•- - -h- 127 covering s title contained tin real estate on r after the sue by tha compy y,( )n lye intended trentht ro� ,in7Para�Oro(a&and(b),a e(3)the and exceptwns wh�iich may above, 127 exceptions by th payment in the owners policy issued by that company.h t e title exceptions 128 be removed a in l ve y b Sof Commitment money e t for Title of dosing and erode the Seller has r remove at that time g the funds d b bringing �title shall no of a default 129 Delay in ralNery by Seller of Commitment ish ale Insurance due a to delay by Purchasers mortgagee recording 130 of this paragraph.Any title commitmentfumished by the Seller hereunder shall be conclusive evidence of good title as therein shown,subject only to exceptions as therein 131 stated. As to all or any part of said real estate which,on the date of this contract,was registered in the Office of the Registrar of Titles of Cook County,the Seller shall 132 (1)tender the title commitment herein required,(2)deliver the Owners duplicate certificate of title at dosing,and(3)timely file all notices and take all necessary steps 133 to assure the deregistration of the real estate and recording of the deed at closing. 134 (b)If the title commitment discloses exceptions relating to title other than those referred to in Paragraph 13(a)•Seller shall have 30 days from the date of the delivery notice to Seller within 10 days after the expiration f the 30-day period,to take tide as It Wren is with de right to deduct from the purchase 135 to Purchaser thereof to have these exceptions removed limn the commitment. It Sellerfailsto haw:Nese exceptions removed within such time,Purchaser may terminate 137 this contract encumbrances may elect,upon 137 price liens or erhcombrances of a definite or ascertainable amount. If Purchaser does not so elect,this contract shall become nub and void without further action of 138 parties,and the earnest money shall be returned to the Purchaser. expenses incurred,and balance paid 139 payment of broker's commission and any expo 140 14-DEFAULT;If the Purchaser defaults,earnest money shall be forfeited and applied ft��rPa�Y eamesl money,at option of Purchaser shall be refunded to Purchaser, 141 b but such refunding seders election release se Seller may its in full settlement n u orthis damages. 142 but such refunding shall not release Seller from its odigations under this contract.In the event of a dispute as to who is entitled to the earnest money,the escrowee may 143 144 tthee payment of reasonable atto attorney's fees,costs and expensesa sing agree ut of such claims and hold the and demands,said mour tofbe borne equally by both seller demands, and purchaser. 145 146 15-SELLER REPRESENTATION:Notwithstanding anything to the contrary contained in the contract,Seller represents that to the best of Sellers knowledge all heating, 147 central cooling,ventilating,electrical and plumbing fixtures and systems on the real estate and all appliances to be transferred to Purchaser pursuant to this contract are 148 in working order and will be so at the time of closing. 149 closing,improvements on the real estate are destroyed or materially damaged by fire or other casualty,this contract at option 150 ofrOE Purchaser CONemONS:ll and If prior to Purchaser prepared by a licensed land surveyor 151 of p(b)Prior ror shall income er sand void h t Srchaser men elect rvey da a snot more t a of Sellers insuior to contract a. 153 (in helo closing,Seller shall mmitsthereon en(i expengee cease parati not real estate from adjoining properties)acceptance owing all encroachments,if any. If the 154 153 surveydlyelsestim improper er improvements psncluncr encroachments separating 155 resulting lfremm such improper location or encroachment,Purchaser may,at Purchasers option,declare this contra be null protection nd void.Providing all existing imprrothvements 156 (including fences)and encroachments,if any,appear on the survey thus furnished,Purchaser shall bear the cost of any later date survey which may be required by 157 Purchaser's mortgagee or desired by Purchaser. 158 (c)Existing mortgage and lien indebtedness may be paid out of sale proceeds. Purchaser may place a mortgage on the real estate and apply proceeds on purchase. 159 (d)All of the items of personal property shall be transferred to Purchaser by delivery at dosing of a customary Bin of Sale without warranty of methh abilh orfitnes 160 for particular purpose. Seller also shall furnish Purchaser an Affidavit of Title covering the time of closing,subject only to the title exceptions pre contct 161 and shall sign customary ALTA forms. 162 (e)Purchaser acknowledges for the benefit of Seller and for the benefit of third parties that Purchaser has had complete access to the real estate,its improvements 163 and included personal property,as well as the public records related to the property,and is satisfied as to the physical and other condition of the real estate,improvements 164 and included personal property. 165 (f)Seller shall remove all debris from the real estate and improvements by date of possession subject to the rights of any tenants. Purchaser shall have the right 166 to inspect the real estate and improvements during the 4-hour pa:iod immediately prior to dosing to verify alh�a real tear excepted.improvements and included personal 167 property are in substantially the same condition,as of the date of Sellers acceptance 168 (g)The Seller warrants that neither Seller nor Seller's agent has received notice of any dwelling code violation which exists on the date of this contract from any city, 1% village,or other governmental authority. 170 (h)Seller and Purchaser shall execute all documents and provide all information so that any Federal Lender can issue its commitment and close the transaction in 171 accordance with the requirements of the Real Estate Settlement Procedures Act of 1974. 172 (i)Seller shall comply with the terms of any municipal ordinance relating to the transaction contemplated herein for the municipality in which the real estate is located 173 and shall provide to Purchaser at closing evidence of compliance with such ordinances.Transfer taxes required by local ordinance shall be paid by the party designated 174 in such ordinance. Seller shall pay any transfer tax imposed by state law. 175 (j)Any facsimile transmission of any documents relating to this contract shad be considered to have the same legal effect as the original document and shall be treated 176 in all manner and respects as the original document. usual and customary processing costs or charges required by lender. 177 (k)Time is of shall furnish ee,food led that Seller ller and by c lender may shall pay any 178 (I)Time is of the essence,provided that Seller and Purchaser may change any date or time limit set forth herein by a written agreement executed by Seller and 179 Purchaser or their authorized agents. 180 (m)This contract and the transaction described herein may be subject tone provisions of the Foreign Investment in Real Property Tax Act of 1980 and all amendments 181 thereto(the'Act').Seller and Purchaser shall execute or cause to be executed all documents and take or cause to be taken all actions necessary in order that Purchaser 182 shall have no liability,either actual or potential under the Act. 183 (n)Seller agrees to provide the Internal Revenue Service with the Sale of Real Estate 1099 form as required by law. 184 (o)Captions are not intended to limit the terms contained after said caption and are not part of the Contract. 15 the North Shore Board of REALTORS°,which assumes no responsibility for its legal sufficiency or contents. 186 This contract is provided as a courtesy by 187 188 6/98 45n32 RIDER Initials 17. The parties agree that no brokers have been involved in this transaction and no commission is due or will be paid. 1� 18 Seller shall have the option of maintaining possession of the property for a period of up _ to twelve (12,1 months, The first four (4) months following the date of closing would be free with no rent being charged. The following eight (8) months or any part thereof, if occupancy continues, would be at a monthly rental amount of $900.00 per month. The Seller shall remain responsible for and pay all utilities, including but not limited to, electric, gas, telephone, water, and real estate taxes until such time as possession is delivered. LSAT 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 November 3, 2000 Henry E. Szachowicz, Jr., Esquire 8602 Ferris Avenue Morton Grove, IL 60053-2829 in re: Purchase of 8600 Ferris Avenue, Morton Grove, !t_ 60053 Dear Mr. Szachowicz: Enclosed please find two executed copies of the Real Estate Contract that were returned, which have been initialed by me as the Corporation Counsel. If there are any problems or questions, please call. Very truly yours, 1 GABRIEL S. BERRAFATO GSB/amz Enclosure(s) c: .Larry N. Arft, Village Administrator C10ATA\WORDDOCS\VILLAGE OF MORTON GROVEV+COUISmONS\8600 FERRIS-KASE\CORRES\SZACHOWICZ LTR 11-03-00.000 • Law Offices of Gabriel S. Berrafato & Associates 8720 Ferris Avenue Morton Grove,Illinois 60053-2843 Telephone(847)965-2233 Facsimile(847)967-2388 ---- - .. MEMO To: Larry N. Arft, Village Administrator From: Gabriel S. Berrafato Date: November 3, 2000 Subject: Purchase of 8600 Ferris Avenue, Morton Grove, IL Szachowicz Letter dtd 11/3/00 Enclosed please find a copy of the contract as modified by the attorney for Mr. Kase. (I agreed to the modifications made.) The Title will be a Chicago Title Policy and is underwritten by an agent, Centennial. I am an agent for Chicago Land Agency Services, which is also an underwriter for Chicago Title. I will explain this in a future letter, but this is acceptable to my office. In the meantime, please note that closing is tentatively scheduled for November 30, 2000, at 11:00 a.m. Please have Ed Hildebrandt do an inspection as soon as possible and get back to us with his results. C:\Data\wordDocs\Village of Morton Grove'Acquisitions\8600 Ferris-Kase\CorresWdt memo 11-03-00.doc AFFIDAVIT OF TITLE COVENANT AND WARRANTY The undersigned affiant,being first duly sworn,on oath says,and also covenants with and warrants to the grantee hereinafter named: That affiant has an interest in the premises described below or in the proceeds thereof or are the grantors in the deed dated,November 30,2000, to VILLAGE OF MORTON GROVE,A MUNICIPAL CORPORATION,grantee,conveying the following described premises: LOT 9 AND LOT 10 (EXCEPT THE SOUTH 10 FEET THEREOF) 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. That no labor or material has been furnished for premises within the last four months, that is not fully paid for. That since the title date of November 1, 2000, in the report on title issued by Chicago Title Insurance Company, affiant has not done or suffered to be done anything that could in any way affect the title to premises,and no proceedings have been filed by or against affiant, nor has any judgment or decree been rendered against affiant, nor is there any judgment note or other instrument that can result in a judgment or decree against affiant within five days from the date hereof. That the parties, if any, in possession of premises are bona fide tenants only, and have paid promptly and in full their rent to date, and are renting from and not for any longer term, and have no other or further interest whatsoever in premises. That all water taxes, except the current bill,have been paid and that all the insurance policies assigned have been paid for. That this instrument is made to induce, and in consideration of, the said grantee' consummation of the purchase of the premises. Affiant further states: Naught STATE OF ILLINOIS COUNTY OF COOK Z Subscribed and sworn to before me CVO�4 — (Seal) this 30 day of November, 2000. • Not. 'Public "OFFICIAL SEAL" Henry E S acnowicz Jr. iN.`.:I}' SLic c ti,d, BILL OF SALE Seller, GEORGE KASE of 8600 FERRIS, MORTON GROVE, IL 60053-2829, in consideration of Ten ($10.00) dollars, receipt whereof is hereby acknowledged, do hereby sell, assign, transfer, and set over to Buyer, VILLAGE OF MORTON GROVE, A MUNICIPAL CORPORATION of 6101 CAPULINA, MORTON GROVE, IL 60053, the following described personal property to wit: As specifically set forth in the real estate contract dated November 1, 2000, entered into by the parties and made part hereof. Seller hereby represents and warrants to buyer that Seller is the absolute owners of said property, that said property is free and clear of all liens, charges and encumbrances, and that Seller has full right, power and authority to sell said personal property and to make this bill of sale. All warranties of quality, fitness, and merchantability are hereby excluded. If this bill of sale is signed by more than one person, all persons so signing shall be jointly and severally bound hereby. IN WITNESS WHEREOF, Seller has signed and sealed this bill of sale at Skokie, Illinois, this 30 day of November, 2000. 0C c i (Seal) I, Henry E. Szachowicz, Jr., a notary public in and for said County, in the State of aforesaid, DO HEREBY CERTIFY THATGEORGE KASE,a single man,personally known to me to be the same persons whose names are subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that they signed,sealed and delivered the said instrument as their free and voluntary act, for the uses and purposes therein set forth. Given under my hand and official seal, this 3d day of November, 2000. STATE OF ILLINOIS COUNTY OF COOK NO ARY PUBL "OFFICIAL SEAL" (� Henry E.Szachowicz,Jr. Notary Public,Statc of Illinois 1s Commis-:an_v n4'0412002 REAL ESTATE CLOSING STATEMENT DATE OF CLOSING: November 30, 2000 SELLER: GEORGE KASE BUYER: VILLAGE OF MORTON GROVE, A MUNICIPAL CORPORATION ATTORNEY: Henry E. Szachowicz,Jr. ATTORNEY: Gabriel S.Berrafato PROPERTY ADDRESS: 8600 FERRIS, MORTON GROVE,IL 60053-2829 ACCOUNT BUYER SELLER PURCHASE PRICE 160,000.00 EARNEST MONEY 1.00 FIRST MORTGAGE TO Bank of America [$99,576.92] 99,732.16 INTEREST FROM December 1, 2000 TO December 5, 2000 SECOND MORTGAGE TO USAA Federal Savings Bank 18,409.51 [$18,381.06] INTEREST FROM December 1, 2000 TO December 5, 2000 TAXES 2000[105%a] 1,691.07 FROM January 1,2000 TO November 30, 2000 TITLE CHARGES 606.00 STATE TRANSFER STAMPS 0.00 COUNTY TRANSFER STAMPS 0.00 SURVEY TO Samborski,Mattis,Inc. 210.00 ATTORNEY FEES TO Henry E. Szachowicz,Jr. 425.00 RECORDING FEES 50.00 FEDERAL EXPRESS 32.00 BROKERAGE COMMISSION TO No Broker Involved 1/2 CLOSING FEE 137.50 TOTALS 121,294.24 160,000.00 TOTAL BUYER CREDITS 121,294.24 TOTAL DUE TO SELLERS 38,705.76 ACCEPTED BY BUYERS AND SELLERS AS A TRUE STATEMENT OF THEIR AccpUNIS. atticyaicetv a r i aR aievhit a --_ liar 0. C.oQ I f o Ic l Law Offices of Gabriel S. Berrafato & Associates 8720 Ferris Avenue •- Morton Grove,Illinois 60053-2843 Telephone(847)965-2233 Facsimile(847)967-2388 MEMO To: Larry N. Arft, Village Administrator From: Gabriel S. Berrafato Date: November 3, 2000 Subject: Purchase of 8600 Ferris Avenue, Morton Grove, IL Szachowicz Letter dtd 11/3/00 Enclosed please find a copy of the contract as modified by the attorney for Mr. Kase. (I agreed to the modifications made.) The Title will be a Chicago Title Policy and is underwritten by an agent, Centennial. I am an agent for Chicago Land Agency Services, which is also an underwriter for Chicago Title. I will explain this in a future letter, but this is acceptable to my office. In the meantime, please note that closing is tentatively scheduled for November 30, 2000, at 11:00 a.m. Please have Ed Hildebrandt do an inspection as soon as possible and get back to us with his resu!ts. C:\Data\WordDocs\Village of Morton Grove\Acquisitions\8600 Ferris-Kase\Corres\Arft memo 11-03-0O.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 November 3, 2000 Henry E. Szachowicz, Jr., Esquire =- - 8602 Ferris Avenue Morton Grove, IL 60053-2829 In re: Purchase of 8600 Ferris Avenue, Morton Grove, IL 60053 Dear Mr. Szachowicz: Enclosed please find two executed copies of the Real Estate Contract that were returned, which have been initialed by me as the Corporation Counsel. If there are any problems or questions, please call. Very truly yours, ;Lizzi2774 GABRIEL S. BERRAFATO 1 ,� GSB/amz Enclosure(s) c: •Larry N. Arft, Village Administrator C:IDATA\WORDDOCS\VILLAGE OF MORTON GROVE\ACOUISmONS\8800 FERRIS-KASE\CORRES\SZACHOWICZ LTR 11-03-00.DOC REAL ESTATE CONTRACT - APARTMENTS/INVESTMENTS �• , WHEN EXECUTED BY ALL PARTIES THIS WILL BECOME A LEGALLY BINDING AND ENFORCEABLE CONTRACT A e NUM NODS= GEORGE KASE NOVEMBER 1. 2000 Onaarwn x 1 TO: 2 DATE: (Seller) 3 OFFER OF PURCHASER:I/We(Purchaser)offer to purchase the real estate known as: 4 5 8600 FERRIS AVENUE MORTON GROVE COOK IL 60053 6 Street City Y County State Zip 8 Legally described on exhibit A,if any.Lot size approximately 25' X 105' Together with improvements thereon. 9 INCLUSIONS:The following shall be included:personal property(belonging to seller),if any,located on the real estate as of the date hereof,for which a bill of sale will be t0 given. screens, storm windows and doors; shades,window blinds; drapery rods; curtain rods; radiator covers; attached TV antennas; heating, central cooling, ventilating, 11 lighting and plumbing fixtures;attached mirrors,shelving, interior shutters,cabinets and bookcases; awnings; porch shades; planted vegetation; garage door openers and 12 transmitters,attached fireplace screens,smoke detectors;stairhall carpeting;boiler room tools; unit air conditioners;_refrigerators; ranges; as well as the 13 following specific items: 14 EXCLUSIONS:The following shall be excluded: 15 1-PRICE:Purchase Price:$ 160 000.00 Initial earnest money 3 1.00 in the form of 16 cash Cheek dated N/A payable to attorney for Seller . Upon acceptance of this offer 17 said check shall be properly endorsed by payee and deposited by the party designated in Paragraph 7. The earnest money shall be increased to U.Utj 18 h of purchase price within ------------------days after Sellers acceptance,hereof.Said initial earnest money shall be returned,and this offer shall be void if not accepted 19 on or before 20 2-FINANCING' ••• can mg • abr • - • ase with• • • Sel ' •an : -.•••• by men • loan evidenced b a 21 note to be sec - y a r.. tr ,a he • t I MI u se 1� Pu --r shall accept,with a 22 fixed rate not to -. r u 'r`n !.-r--- e ■ o,adjustment cap not to exceetl d li 23 T• •t t. I -aid t mo = mr r. a loan service charge 24 not to exceed f i her r as p y Flna r ••r. 25 If Purchaser - -•ood f. '•tit is -'obtai '-tment `ortga• -nlem., -.-'n P -halls 'eller in writing within the 26 time specified in .i•h 2. I • . R IS . NOT!' . HIN ME PE•. 'URC !HALL ' PUR• BE DEEMED TO HAVE 27 SECURED SUCH .it ITMEN a HAVE D TO • 'SE TH• ESTA ? OUT M •GE Fl '!G OR : PON THE MORTGAGE 28 COMMITMENT At 'Y OBT• f Seller lifted S - y at Se r ,!pion wit adds ys after said notice,elect 29 to accept purcha , 1 fina r 1 • secu. gage :,.,ent on •f Purc , - i••n su• the s = s for sage loan contemplated 30 herein with such, l,-nal t: ondit .smear esta any .titub• - •dnci. the etropolitan area having 31 assets of at leas dot :.Iler i .,P =nee- to S '- ties . . d li •rma - sign customary papers 32 relating to the it 5 • m e ,mi el 1 fter •I n t ure - I .r -pt purchase money 33 financing as he, o t tr !,al ull o. t - n: r•n! t,:'i:II u as U S M E •',--. OR HOME CLOSING 34 RIDER IS ATT D HA a'- S - 0 - IS IVI " r 'IT( - • MI , ,T SUBJECT TO THE 38 SALE OR CIA :,, . OF ER 36 3-PAYMENT METHODS.-The Purchase Price shall be paid,subject to proration,all in cash,by cashiers check or certified check at closing,unless otherwise provided for 37 in Financing Rider. 38 4-CLOSING: (a) Closing or escrow payout shall be on 11/30/00 provided title conforms with this contract or has been accepted by Purchaser, by conveyance by 39 stamped recordable warranty deed with release of Homestead Rights(or other appropriate deed if title is in trust or in an estate)and payment of purchase price. 40 (b)Title shall be conveyed at the time required by this contract subject only to:General taxes for 2000 and subsequent years;special taxes or assessments,if any, 41 for improvements not yet completed;installments,if any,not due at the date hereof of any special tax or assessments for improvements heretofore completed;building lines 42 -•. •u'in. .nd liquor restrictions of record; zoning and building laws and ordinances; private, public and utility easements; covenants and restrictions of record; party wall 43 y� L .• :gr.ements, if any; roads and highways; existing leases and tenancies as set forth in rent roll and new leases entered into by Seller prior to closing in the 44 11R+f l' .4-r -of business;the mortgage or trust deed,if any,as described in Paragraph 2 above;acts done or suffered by or through the Purchaser. 45 I (c)This sale shall be closed at office of Purchasers mortgagee or,if none,at office of listing broker,or as specified below: 4. _ .me) .CHICA^GG-TIRE C&ut€f1ial4L 77 VLF (Address) SKOKIE OFFICE,eyeeitJ,L—eir-3kokie-IL -7 r,A.a -2 -.t 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. r Lk 5-PR a s 1} IONS:Real Estate taxes(based on A l4> %of most recent ascertainable taxes);assignable insurance policies,if requested by Purchaser,rents,if any; - . es and other proratable items including flood hazard insurance shall be prorated to date of possession. Parties hereto agree to reprorate when----------real estate b1 .x• I is available. Reprorations survive closing;if amount due is not paid in ---- days after demand,then the compound interest due shall be--------- ----%. 52 --POSSESSION:Possession,subject to leases and tenancies,shall be delivered on see rider attached provided sale has been closed. 53 (a)Use and Occupancy. At dosing,Seller shall pay to Purchaser$ per day for use and occupancy commencing the first day after closing 54 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 55 occupancy beyond the date possession is surrendered. 56 (b)Possession Escrow. At closing, Seller shall deposit with escrowee designated in Paragraph 7 below the sum of$ ----------- to guarantee 57 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 58 as above eller 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 59 - de . •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 be urn . ,Seller;and acceptance of payments by Purchaser shall not limit Purchasers other legal remedies. 6- ST e EY:Earnest money and this contract shall be held by attorney for Seller for the benefit of the parties hereto, lN.,J,e..,. ..a,..a lL..t mid • ' ` . .. ' " -• • •- . ' - -r.All interest earned on the earnest •F money i •accrue to Purchaser and is to be paid to Purchaser at the time of closing or upon termination of this Contract. 8, 8-ATT5 NEY APPROVAL: This contract is contingent upon the approval hereof as to form by the attorneys for Purchaser and Seller within 65 10 WORKING days after Sellers acceptance of this contract.Notices shall be given pursuant to Paragraph 11 on the reverse side hereof. 66 S-INSPECTION: Purchaser may secure at Purchasers expense (unless otherwise provided by governmental regulations) a property, radon, and/or wood infestation 67 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 68 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 69 WITHIN THE TIME SPECIFIED, THIS PROVISION SHALL BE DEEMED WAIVED BY THE PARTIES AND THIS CONTRACT SHALL REMAIN IN FULL FORCE AND 70 EFFECT. If within five(5)calendar days after receipt of such notice and re 71 O y p report(s), agreement cannot be reached by the parties as to how the cost of correction shall be 72 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 73 VOID AND THE EARNEST MONEY REFUNDED TO PURCHASER UPON WRITTEN DIRECTION OF THE PARTIES TO ESCROWEE.. The property inspection shall cover, 74 but not be limited to the major components of the Real Estate:central heating system(s), central cooling system(s), interior plumbing system,electrical system, roof,walls, 75 ceilings, floors 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 age. 76 PURCHASER AGREES THAT DISCLOSURE OF MINOR REPAIRS AND ROUTINE MAINTENANCE ITEMS ARE NOT A PART OF THIS CONTINGENCY. Purchaser shall 77 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. 78 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 79 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 80 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 81 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 82 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 83 deficiencies, Seller shall furnish to Purchaser prior to closing certification that such deficiencies have been corrected. If Seiler elects NOT to correct such deficiencies 84 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 purchase property subject to the deficiencies. Purchaser may remove this contingency at any time without cause. Purchaser shall indemnify Seller from and against any 85 loss or damage to the real estate caused by ads of negligence of Purchaser or the person(s)performing such inspection. 86 87 The terms of the Rider(s)consisting of pages attached hereto is made a part hereof. se PURCHASER'SNAMG-(TypearPrinl),-IHE VILLAGE OF MORTON GROVE ssN;EI N:36=.806007 89 90 BY: n SALES TAX EXEMPTION NO. 55W- E9998149104 91 - /- 92 PURCHASER 4- �i. . tet�ct rLti Address 6101 CAPULINA AVENUE 93 It's President MORTON GROVE ILLINOIS 60053 94 95 City State Zip 96 ACCEPTANCE OF OFFER BY SELLER: 97 This day of 20 ,we accept this offer and agree to perform and convey according to the terms of this contract. 98 900 SELLER'S NAME(T or Print) GEORGE KASE SSN: 101 102 SSN: 10 SELLER >( r� ^� Address 8600 Ferris Avenue 105 106 SELLER Morton Grove ILLINOIS 60053 107 City State Zip toe THE PROVISIONS APPEARING ON THE REVERSE SIDE HEREOF ARE AN INTEGRAL PART OF THIS CONTRACT. 109 Apt/inv 6/98#5032 North Shore Board of REALTORS® 110 11-NOTICES: All notices or other communications which may be required or made under the terms of this Contract shall be in writing and shall be made delivery,then parties or 111 hereto re at the addresses which appear m ss er t In names,of mailing,such nice shall deemedrto as be each given may o the written notice noticeisplaced the United States mail,postage 112 registered mail,or by facsimile transmission. In case of mallt 9 113 paid. 114 For the purposes of Paragraph B and 9 of this contract,It written notice of disapproval is given within the time period specified,this contract shall be null and void and 115 the earnest money shall be returned to Purchaser.Notice of disapproval may be given by either party hereto or by their respective attorneys.If written notice of disapproval 116 is NOT given within the time period specified,this contingency shall be deemed waived and the contract shall remain in full force and effect 117 118 12-EXISTING LEASES;Seller represents that the Intomlation contained on the Rent Roll Riderattached hereto concerning existing leases is complete and correct.Seller t 119 agrees that all leases shag be assigned to Purchaser at closing and that unapplied security deposits,it any,shall be paid to Purchaser at closing. Seller a agrees that it 120 shall not terminate any leases(other than for tenant's default)nor enter Into any new leases(other than in the ordinary course of business)prior 9 121 Purchaser's prior consent,which consent shall not be unreasonably withheld.Security deposits,if any,together with contractual or statutory Interest if any,shall be paid 122 to Purchaser by Seller at closing. 123 r nr ranee en ha delivered to Purchaser nr Purchaser's anent no less than five days prior to the time of closing,a title 124 13-TITLE m tm COMMITMENT:(a) insurance shall . - e r• e„._-, State of Illinois,in the amount of the purchase price, 125 commitment for an owner's title insurance-- - � - i - 126 covering title to the real estate on or after the date hereof,showing title in the intended grantor subject only to(1)the conditions and stipulations and standard or general 127 exceptions contained in the owner's policy issued by that company,(2)the title exceptions set forth above,in Paragraph 4(a)8(b),and(3)title exceptions which may 128 be removed by the payment of money at the time of dosing and which the Seller may so remove at that time by using the funds to be paid upon the delivery of the deed. 129 Delay in delivery by Seller of Commitment tor Title Insurance due to delay by Purchaser's mortgagee in recording mortgage and bringing down title shall not be a default 130 of this paragraph.Any title commitment furnished by the Seller hereunder shall be conclusive evidence of good title as therein shown,subject only to exceptions as therein 131 stated. As to all or any part of said real estate which,on the date of this contract,was registered in the Office of the Registrar of Titles of Cook County,the Seller shall 132 (1)tender the title commitment herein required,(2)deliver the Owner's duplicate certificate of title at closing,and(3)timely file all notices and take all necessary steps 133 to assure Ore deregistration of the real estate and recording of the deed at closing. 134 (b)If the title commitment discloses exceptions relating to tale other than those referred to in Paragraph 13(a),Seller shall have 30 days from the date of the delivery 135 to Purchaser thereof to have these exceptions removed from the commitment. If Seller fails to have these exceptions removed within such time,Purchaser may terminate 136 this contract or may elect,upon notice to Seller within 10 days alter the expiration of the 30-day period,to take title as It then Is with the right to deduct from the purchase 137 price liens or encumbrances of a definite or ascertainable amount. If Purchaser does not so elect,this contract shall become null and void without further action of the 138 parties,and the earnest money shall be returned to the Purchaser. 139 140 14-DEFAULT;If the Purchaser defaults,earnest money shall be forfeited and applied to payment of broker's commission and any expenses Incurred,and balance paid 141 to Seller.Al Seller's election such forfeiture may be in full settlement of all damages.If Seller defaults,earnest money,at option of Purchaser shall be refunded to Purchaser, 142 but such refunding shall not release Seller from its obligations under this contract.In the event of a dispute as to who is entitled to the earnest money,the escrowee may 143 deposit the escrow funds with the Clerk of the Circuit Court.The parties agree to indemnify and hold the escrowee harmless from any and all claims and demands,including 144 the payment of reasonable attorneys fees,costs and expenses arising out of such claims and demands,said amounts to be borne equally by both seller and purchaser. 145 146 15-SELLER REPRESENTATION:Notwithstanding anything to the contrary contained in the contract,Seller represents that to the best of Seller's knowledge,all heating, 147 central cooling,ventilating,electrical and plumbing fixtures and systems on the real estate and all appliances to be transferred to Purchaser pursuant to this contract are 148 in working order and will be so at the lime of closing. 149 150 16-GENERAL CONDITIONS:(a)It prior to closing,improvements on the real estate are destroyed or materially damaged by fire or other casualty,this contract at option 151 of Purchaser shall become null and void or Purchaser may elect to take an assignment of Seller's insurance proceeds. 152 (b)Prior to closing,Seller shall furnish at Seller's expense a survey dated not more than 6 months prior to contract acceptance prepared by a licensed land surveyor 153 showing the location of the improvements thereon(including fences separating the real estate from adjoining properties)and showing all encroachments,if any. If the 154 survey discloses Improper location of improvements or encroachments and Seller is unable to obtain title insurance protection for the benefit of Purchaser against loss 155 resulting from such improper location or encroachment,Purchaser may,at Purchaser's option,declare this contract to be null and void.Providing all existing improvements 156 (including fences)and encroachments,if any,appear on the survey thus furnished,Purchaser shall bear the cost of any later date survey which may be required by 157 Purchasers mortgagee or desired by Purchaser. 158 (c)Existing mortgage and hen Indebtedness may be pail out of sale proceeds. Purchaser may place a mortgage on the real estate and apply proceeds on purchase. 159 (d)Al of the gems of personal property shall be transferred to Purchaser by delivery at dosing of a customary Big of Sale without warranty of merchantability or fitness 160 for particular purpose. Seger also shall furnish Purchaser an Affidavit of Title covering the time of closing,subject only to the title exceptions permitted by this contract 161 and shall sign customary ALTA forms. 162 (e)Purchaser acknowledges for the benefit of Seller and for the benefit of third parties that Purchaser has had complete access to the real estate,its improvements 163 and included personal property,as well as the public records related to the property,and is satisfied as to the physical and other condition of the real estate,improvements 164 and included personal property. 165 (I)Seller shall remove all debris from the real estate and improvements by date of possession subject to the rights of any tenants. Purchaser shalt have the right 166 to inspect the real estate and improvements during the 48-hour period immediately(prior to closing to verify that the real estate,improvements and included personal 167 property are in substantially the same condition,as of the date of Sellers acceptance of this contract,normal wear and tear excepted. 168 (g)The Seller warrants that neither Seller nor Seller's agent has received notice of any dwelling code violation which exists on the date of this contract from any city, 169 village,or other governmental authority. 170 (h)Seller and Purchaser shall execute all documents and provide all information so that any Federal Lender can issue its commitment and close the transaction In 171 accordance with the requirements of the Real Estate Settlement Procedures Act of 1974. 172 (I)Seller shall comply with the terms of any municipal ordinance relating to the transaction contemplated herein for the municipality in which the real estate is located 173 and shall provide to Purchaser at dosing evidence of compliance with such ordinances.Transfer taxes required by local ordinance shall be paid by the party designated 174 In such ordinance. Seller shall pay any transfer tax Imposed by state law. 175 0)Anytacsimiletransmission of any documents relating to this contract shall be considered to have the same legal effect as the original document and shall be treated 176 in all manner and respects as the original document. 177 (k)Purchaser shall furnish flood insurance required by lender and shall pay any usual and customary processing costs or charges required by lender. 178 (I)Time is of the essence,provided that Seller and Purchaser may change any date or time limit set forth herein by a written agreement executed by Seller and 179 Purchaser or their authorized agents. 180 (m)This contract and the transaction described herein may be subject to the provisions of the Foreign Investment in Real Property Tax Act of 1980 and all amendments 181 thereto(the'Act").Seller and Purchaser shall execute or cause to be executed all documents and take or cause to be taken all actions necessary in order that Purchaser 182 shall have no liability,either actual or potential under the Act. 183 (n)Seller agrees to provide the Internal Revenue Service with the Sale of Real Estate 1099 form as required by law. 184 (o)Captions are not intended to limit the terns contained after said caption and are not part of the Contract. 185 186 This contract is provided as a courtesy by the North Shore Board of REALTORS',which assumes no responsibility for its legal sufficiency or contents. 187 188 698 45032 RIDER Initials 17. The parties agree that no brokers have been involved in this transaction and no commission is due or will be paid. Seller shall have the option-of maintaining possessina—of the property for a period of up to twelve (12) months. The first four (4) months following the date of closing would be free with no rent being charged. The following eight (8) months or any part thereof, if /� /° occupancy continues, would be at a monthly rental amount of $900.00 per month. The <e / 4 Seller shall remain responsible for and pay all utilities, including but not limited to, electric, gas, telephone, water, and real estate taxes until such time as possession is delivered. 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 December 4, 2000 David 0. Erb Treasurer/Finance Director Village of Morton Grove 6101 Capulina Morton Grove, IL 60053 In re: Acquisition of 8600 Ferris Avenue, Morton Grove, IL Dear Dave: Pursuant to our discussions and the acquisition of the above property, please find enclosed the following: 1. Copy of closing statement by and between the Seller, George Kase, and the Purchaser, the Village of Morton Grove. 2. Copy of the Bill of Sale covering the personal property as shown on our contract dated November 1, 2000. 3. Copy of the Affidavit of Title, which provides the Seller's guarantee of Title as of the date of closing. 4. Copy of the HUD Statement by and between George Kase and the Village of Morton Grove showing all the expenses of this sale, including credit for the earnest money deposit in the sum,of $1.00 advanced by my office. 5. Plat of Survey concerning the property in question, which should be shared with our Building Department. 6. Copy of the „waived” Title Commitment, showing the waiver of all possible objections to Title prior to the issuance of the final Title Policy.. 7. Copy of the Deed, the original of which is to be recorded and returned to my office upon recordation. When the Title Policy is issued and I receive the recorded deed, I will give a further report to the Village with the original Title Policy and Deed. Mr. Kase advised me at the closing that he will be out of the property somewhere around December 15, 2000 and will contact either Ed Hildebrandt or Larry Alit when he leaves the premises. Law Offices of Gabriel S. Berrafato & Associates David O. Erb December 4, 2000 Page 2 His new address is as follows: George Kase 214 Nordica Glenview, IL 60025 Work: 312-640-3515 He will arrange to deposit keys and the garage door opener with Ed Hildebrandt at the time of relinquishing possession. In the meantime, if there are any problems or questions, please advise. Very truly yours, 10, s R El L S. ERRAFATO GSB/amz Enclosure(s) c: Larry N. Arft, Village Administrator (Letter only) DOCUMENT4 ORDLNANCE 00-39 AUTHORIZING AN AGREEMENT Will .rat FIRST NATIONAL BANK OF.MORTON GROVE . TO EXECUTE A NOTE TO BORROW TEE AMOUNT OF £510,000 FOR FINANCING lift ACQUISITION OF PROPERTIES FOR hat LEHIGEUFERRIS TAX INCREMENT FJSANCE G (TIF) DISTRICT WHEREAS, the Village of Morton Grove (VILLAGE), located in Cook County, Illinois, is a home rule unit of government under the provisions of Article 7 of the 1970 Constitution of the State of Illinois, can exercise any power and perform any function pertaining to its government affairs, including but not • limited to the power to tax and incur debt; and WHEREAS, the Village Board of Trustees adopted Ordinance 00-41..on Monday, December 11, 2000, authorizing the acquisition of properties at 8600 Ferris Avenue and 8721 Narragansett Avenue for land banking for possible future redevelopment; and • WHEREAS, the estimated cost for the acquisition of these properties and related expenses is . 5510,000; and WHEREAS, the Village prepared a Request for Proposal (RFP) which was distributed to five • .financial institutions requesting written quotation on rates and terms for borrowing £510,000 which will be at a taxable interest rate and is anticipated to serve as a bridge loan until a future redevelopment is determined; and WHEREAS, the Village received responses from the Cambridge Bank, the First National Bank of Morton Grove, the Northern Trust Company, the Oakbrook Bank and the LaSalle Bank; and • WHEREAS, a review of the proposals submitted indicates the First National Bank of Morton . Grove submitted the lowest interest rate-and the best proposal with a taxable rate of 7.25% (See • Attachment "A"); and W'rEREAS, it is the desire of the Village Board of Trustees to move forward with the acquisition of these properties at a cost of 5510,000 to be land banked for possible future redevelopment projects which are in the best interest of the health, safety and weffare of the residents of the Village of Morton Grove. • NOW, THEREFORE-BE IT ORDA_T ED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VT.T AGE OF MORTON GROVE, COOK COL?ITY, 173 TNOIS AS FOLLOWS: • SECTION 1: The Corporate Authorities do hereby incorporate the foregoing W:AREAS clauses into this Ordinance as though Lilly set forth therein thereby making the findings as her einabove set forth. SECTION 2: It is hereby determined it is advisable, necessary and in the interests_of the public health, safety, and welfare of the Village of Moron Grove that the Village acquire properties needed for possible fsnure redevelopment projects in the Lehigh/Ferris TIE District. For the purpose of paying the purchase price of said properties, the Village is authorized to execute a note and subsequently to borrow from the First National Bank of Morton Grove an amount not to exceed $510,000 which will be considered a taxable bridge loan to carry an interest rate of 725%, as specified in the bank's written proposal. SECTION 3: For the purpose of providing the funds required to pay the debt service requirements of monies bon-owed, when and as the same fall due and until the balance due has been paid in frill, the Village of Morton Grove shall use Lehigh/Ferris TIE Fund monies which will be created by various TM' redevelopment projects but shall also pledge the General Corporate Funds of the Village if required for such payments, or such other funds as they may deem necessary to procure and/or which are available. The indebtedness described herein is a general obligation backed by the full "faith and credit" of the Village. SECTION 4: The President, Village Treasurer and Village Clerk are hereby authorized to execute all documents necessary to effectuate said financing, including the agreement for letter of credit and any other appropriate documents. SECTION 5: The Board of Trustees represents and certifies than 1. All of the principal proceeds of said loan are needed for the purpose stated and will be used with due diligence for the purpose therefore; Pursuant to the provisions of Section 148 (f) (4) (c) of the Internal Revenue Code of 1986 (the CODE): a) The Village is a governmental unit with general taxing powers; b) The indebtedness described herein, is not a "private activity bond" (as defined in Section 141 (a) of the CODE); c) Ninety-five percent or more of the net proceeds of the loan are to be used for local governmental activities of the Village (or of a governmental unit the jurisdiction of which is entirely within the jurisdiction of the Village); and d) The aggregate face amount of all tax-exempt bonds (other than private activity bonds) issued by the Village (and all subordinate entities thereof) during the 2000 calendar year in which the indebtedness described herein is incurred will not exceed 35,000,000 (Five Million Dollars and no cents). • 3.: The Village has not been notified of any listing of it by the Internal Revenue Service as an issuer • that may not certify its obligations; • 4. _ To the best of the knowledge and belief of the Village, there are no facts, estimates or circumstances that would materially change the conclusions and representations set out in this Section and the expectations set out in this Section is reasonable. • SECTION 6: This Ordinance shall be in full force and effect from and after its passage, approval and publication according to law. • PASSED this 11th day of December, 2000. • Trustee Brenner l'!,%/J Trustee Gomberg [� Cl Trustee Karp '716' Trustee Liston (irk a , Trustee Moll J}e"/112) • Trustee Weiss Ui)!) D APPROVED by me this 11 ° day of December, 2000. Daniel D. Scanlon, Village President • Village of Morton Grove Cook County, Illinois APPROVED and FLED in my office this 12th day of December, 2000. -44"--j\ ile Coursey W"i trier, Clerk Village of Morton rove Cook County, T.ilinois ieeislauve■ rtnropcy acquisition N 4 © 4 4 o 'J" N cc C m 4 CO o F > o F - c o a al C. z + E F 0 - O m v O O o C 0 =T 0 E O Q CO co —1 - _ _ — 6 O O E O O O C O — 4 ] N N x N N 4 • O 4 4 - 4 4 O -C▪ ID m O CO ` m C m - m m 4 m 4 C CO 4 C) C 4 0 m 4 4 m O — — 4 — — x 0 E G d C m m>w L L > » D » N N — O y C Cc 0 to c ID E. c O C `cc 4 C r r Q - C M g 0 r- c O O H a o , o a O Z 0 Ly a1 G C. C r 0 - O O ca J — O O 0 WI 9 T u-) 4 m m Q O O O 6 0 P N O - _ — ^ C L m - O u O LL x cd L O T m co 6 U. OI F 0 co 4 - G 0 o 0 4 CO c o N O es se ,- r) r O c o o O t0 N -— CO 1,- ccn rc O o > © - O c 4 m o N 3 M CC > U cc 4 Y _ y = 0 4) Y 4 T Y C > 4 N a 4 T m Y p E. o U.) CC r' CJ 0 B r— Y p a = n ,_ 0 N 4 4 I = 4 G - az LZ = Z — OT` 0 coo _, UL —: ZO L _ ORDINANCE 00-41 AUTHORIZING THE VILLAGE OF MORTON GROVE TO ACQUIRE [HE PROPERTIES CONLMONLY KNOWN AS 8600 FERRIS AVENUE AND 8721 NARRAGANSETT AVENUE,MORTON GROVE FROM THE APPROPRIATE OWNERS WHEREAS, the Village of Morton Grove (VILLAGE), located in Cook County, Illinois, is a home rule unit of government under the provisions of Article 7 of the 1970 Constitution of the State of Illinois, can exercise any power and perform any function pertaining to its government affairs, including but not limited to the power to tax and incur debt; and WHEREAS, the President and the Board of Trustees appointed a Committee of Trustees to discuss the possible purchase/acquisition of the two above referenced properties from the respective owners thereof; and WHEREAS, the Committee has reported their findings to the President and Board of Trustees regarding the purchase/acquisition of the aforesaid properties; and WHEREAS, the President and the Board of Trustees held Executive Sessions on October 5, 2000, and October 23, 2000, concerning 8600 Ferris Avenue, Morton Grove and September 25, 2000 and November 13, 2000, concerning 8721 Narragansett Avenue, Morton Grove, Illinois and the President and Board of Trustees reviewed and discussed acquisition of the two aforesaid properties approving the concept presented. The President and Board of Trustees directed Corporation Counsel to confirm and negotiate some of the remaining issues relating to the acquisition of the aforesaid properties, including, but not limited to price, terms, and other requests concerning the purchase/acquisition of the two above referenced sites, with parameters of the prices to be paid regarding the two aforementioned sites; and WHEREAS, Corporation Counsel was authorized and directed to prepare contracts and offers of purchase containing the items and parameters of the prices discussed; and WHEREAS, the laws and statutes of the State of Illinois specifically authorize Corporate Authorities to purchase, acquire, and lease/license municipal property for public purposes; and WHEREAS, the Corporate Authorities have considered the purchase/acquisition of the two above referenced properties to be land banked for possible future redevelopment within the Lehigh/Ferris TIT District all in accordance with the long term plans of the Village of Morton Grove have 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 therein thereby making the findings as hereinabove set forth. SECTION 2: It is hereby determined to be necessary, required, desirable, and in the best interests of the public for the Village, and also in furtherance of the public good and the anticipated improvements of the Lehigh/Ferris flt District Plan to acquire title and possession of the above properties described in Exhibit"A" and`B" attached hereto. SECTION 3: The Village President and Village Clerk of the Village of Morton Grove be and they are hereby authorized to execute agreements concerning the following real estate acquisitions: 1. 8600 Ferris Avenue, Morton Grove, Illinois at a price of$160,000 2. 8721 Narragansett Avenue, Morton Grove, Illinois at a price of$350,000 All in accordance with the contracts attached hereto as Exhibit "A" and Exhibit"B." 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 properties 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 reasonable and necessary to effect the purchase/acquisition of the properties and to cause the expenditure of funds necessary to implement and complete the purchase/acquisition of the properties as described in Exhibits "A" and "B" including but not limited to deeds, contracts, memos, letters of intent, affidavits,title indemnity agreements, personal undertakings, HUD and/or RESPA agreements, including the confirmation of all previous acts necessary and desirable to carry out the aims and purposes of the aforementioned Exhibits "A" and"B." • 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 properties as set forth in Exhibits "A" and`B." SECTION 7: 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 11th day of December, 2000. Trustee Brenner Trustee Gomberg Trustee Karp Trustee Liston $ j' Trustee Moll TIT Trustee Weiss APPROVED by me this 11" day of December, 2000. Daniel D. Scanlon, Village President Village of Morton Grove Cook County, Illinois - APPROVED and FILED in my office this 12th day of December, 2000. ileen oursey W' er, Clerk Village of Morton Grove Cook County, Illinois legislord\ferris.narragansett B REAL ESTATE CONTRACT - APARTMENTS/INVESTMENTS '^r • ww' WHEN EXECUTED BY ALL PARTIES THIS WILL BECOME A LEGALLY BINDING AND ENFORCEABLE CONTRACT _e GEORGE KASE NOVEMBER 1.2000 Pmemen TO: ;Seer CATE EXHIBIT "A" OFFER OF PURCHASER'If We{P'naraml der to numbs the rem estate mown as 8400 FERRIS AVENUE MORTON GROVE COOK II. 60053 Street Cry Carry State DIP Legally described an abbe A it any.Lot ea apobnnamy 25'X 105- Together we immurement thereaa INCLUSIONS:The following rag be=bort pedant wopeny(be nge g to mien,a any,inters on me reel total.as of Me dab haed or meth a be of sale will be O over saaait storm windows and data:Shades.winnow herbs wally rode mutton rob:radiate Tat cabbed TV areabt heating,carat cooling.verbabsg. 1 Ageing and aembi+g Barnes sadecaed revs,snstw,g • eyr weepers,creep and bookcases:avenge Isaac modes:Pentad sermon:garage door base and - - 2 dabTeme attached Ilrada smeens,smoke detectors meal ca pants be moan rods:_tea or conditioners:_rsni¢roon;—range:as well as Ifb 3 beMwlg soma item= 4 EXCLUSIONS;The albvmg snap be esdused - 5 1.PRICEtPwthase Prins 160000.00 heel eameal money a 1.00 m me carer of 5 COat1 chest aaee NIA bride to attoenev far Seller umn avmaae of des pee 7 sad Meal shW be paodern endorses Of payee am caused by me gam oa tgnaiad is Paagram 7. The earnest money alma W noasseo to U.t11) e %at purchase once Mho Jae ally Sella acceptance,heed.Sad fled earnest money slue CO related.and this Offer slag be von t not accepted sg MwceMe S1INMSCI - }5�. Ioyl ewdnlcat rya 21 end ale ism -1 a {{ `S r r ., yy �. 1/.; yCy ,aallaenea op note nbemail 1 T m - t.iri.s rt 1 -.. �..- . ` -aban samm doge 2a not b eased 25 X Penar*sn .:eeesl a waig'vNlee SM - 26 lab enevfid 27 SECURED SUC ; r I � x v l :RE O aN llDy THE o MORTGAGE 20 COMMMAENT r mE lseae�twtm arse+ ( ,a-_-..__ ys�yl . y-,- l us .. area mmgnsa m� k_=' Tsi"T I ' `` r •.P" o HOME CLOSING 34 RICER R Ar '1 D .I+ r / 5 t „ _ t.!. IS i .. ,r I,,m Iv;_ 4°..T SUBJECT TO THE S SALE OR CL •OF n r I- ER ` _ 35 ] •AYMENT METHODS:The Ptawe Price Mal be pest Webb plat is as in cart by Owners check or t.asad cheek at bong.g.unless eMSede provided tor 37 n Financing Run. 36 4-CLOSING: Iii Closing or escrow payee reef be on 11/30/00 wombed db=Mona with this m+trad or hes been acsaed by Parasaae•by conveyance by - 39 stamped recordable warrant deed with read of Homestead Rights or tamer appowase one if tide e in eel or in an Motel and PaTmem of pates Mel 40 (le Tae that be conveyed at Ewe Ice recurred by 0a canna seeped only to:General taxes or 250Sab amaeth ell year,apedral Wan w nwasmnt.N any. al or mpwmsn not yet mreeetet inaenmb.it my not due at me date hereof of any spar law assessmentl M Enpvenab nereofore cornetist beery Atha 42 and buying and bars restrictions of rent snag and bobby taws and ordinances; pram. pubic a d pally easement. Teams and remiwns of rend party wall a] NMI ale agreements. it any: roads and Iamatya: enema leas are tenancies to set forth a red rap am new lease entered into by Seer Per to bang in the M /y ' Of business:me melee!or mot deed.B any.as deuces n Paragraph 2 above:ace done or wend by or Mega me Padtme. 45• ^ • el Om see neat be dada ate ofPnienollgageew%?E.at office a bang bicker.or as specified below-^-._4. ^_.:_ it amen) SKOKIE OFFICE eT y iksia '. ether perry.in esaow won me ale gnoasy imam the fide cxmmnml by dead and money acne.M to be domed between Seger and Purchaser W/[/^9 /r 'Reek Estate tams(based on 449- %d most recant adertanabe axes):assignable tan's polar.P rearatd by Purchaser.rents,I any; 49 1 A,,•-.r - and other prefab demo inducing flood racer ml ace rap be worded to date of possession. Pardee Meer agree to repent *sale St tax avaaab. Reboad,w swive WAVE V agent due a net tae a data alter amend,men at cornrows interest due nee be %. 52 5-POSSESSION:Pspsnabn,suttee to bases and tenancies.rap be delivered on see rider attached provided Sae has been dosed 53 CO Uee and Occupancy. Al dumb.Seger sae pay m Purchaser s per day for use am ocapam convmenci g the fist day after dosing 54 uo to am including the dye possasen u to be pnertled or M a momay base weenever pent is dons.Purr aser sae reMd any payment made er use and s5 occ epacy beyond the date possession is surrendered so lb1Posseasion Escrow. At closing Sete that dense with asumaee designated in ParegsPt 7 below an pen ae 5 to guarantee 57 Res/sear on or before date set mem abne,Mai awn sal be hell from the net proceeds of the Mee M escowee brm of receipt If Seer does not surrender p nenen Se " elle sea pay a Purchaser a basin to the above use and occupancy.the sum of 10%d said possession escrow per day up m are including day possession is 59 - 17r--.et PNrdwser dip any unead use and occupancy to me date possession is snenaerd.said asnl(51 is be pad out d cave all me arena.9 any.to be to Seller.and acceptance of payments by PPWser that not ene PVdnada other legal remedies. 60 ST MONEY:Earnest motley and this cans slue be rep by attorney for Seiler lot the dente d eve pats hereto.'P - -„ -- b • 'a 5 _-3 5]fi money s to R PurOlaser and t W paid to Purchaser at o one attune or upon immure(Info Canna 64 6.4TTORNEY APPROVAL: This centred a contingent upon the appr eal heed a s to term by ton admen for Pwdeasy am Sere wan 55 10 WORKING dap al er Seers acceptance or me random.Notes that be gees Monet te Paragraph s1 M me re.ene ode leered. Be 9-INSPECTION: Purchase may seine at Purchasers asperse Omen anewix prowled by governmental regaatbnal a pbperty. ads win wad 'dessaeon 87 inspects:me of said Rea Estate by a polessiaW especen seesaw. Purchaser its serve note upon Seger of any Peale deed by me inspediontal. Muth *s we LecePtable to the Purchaser,together won a Copy of the repots wean 10 WORKING days arty acceptance of Ica Contract IN THE ABSENCE OF NOTICE 99 WITHIN THE TIME SPECIFIED. THIS PRONSON SHALL BE DEEMED WAIVED BY THE PARTIES AND THIS CONTRACT SHALL REMAIN IN FULL FORCE AND 79 EFFECT.N wean Me(5)calendar days after receipt a such'tome and retards).agreement cans W teethed bar me parses at te how the mat er dnaeeebn rag be 71 72 emotions THE EARNEST E parties. dare ether pTry may nate ON Curs DI wmm 'Sc. to the oEe Pony ES alp THIS The CONTRACT Merl SHALL BE NULL AND 73 but n AND THE EARNEST MONEY REFUNDED TO PURCHASER UPON heating n systeal, ce s oc THE a PARTIES TO ESC lumtmg see.Sedai eaMeta sang weer. 75 ca ml bfl ors a d ell miry Amajor d Ica Rea Edale Oma1 to be as oaaa. emVe a.14 perems the e Vel m kr M mien.except syahm.ss wag. 75 PURCHASER floors AGREES fES THAT. a major RE OF MI Opal W teemed AN m O T operating MAN E ANCE B 4 S A ems NOT A PART OF wade I N ING EMC regards a age. 79 PURCHASER r nom alga DISCLOSURE Mee E ti MINOR REPAIRS st AND ROUTINE s a negligees 'TENS ARE r Me A PART l THIS CONTINGENCY. Purchaser real 75 )GLAD BASED Psalb agarsallON I damagemme reel estate Ouadsscos a n n magaPadase w msment o Me Mutheapeser 79 pant and BASED PAINT ant met t This ns ec Taal sues a mrOee ca ups an inspection or net actor tank of me reaped by Me et Purchaser's a d fed based 79 poet a10 l W-WSda pant marls. ill s=next I assessment noel g Core shag by a ed eavemndess peened mm reamed Of ae a eo o edema 80 men 10 calendar days together a with c e d me mnttad W ara Tm contingency shag be deems waived unless eo.mesa cleavers meow warm some of sperm a Purchaser to orrecctt or NOTcacorn to caa le cosine s assessment remit Sneer may.at Steers lt,S mean 2 days aloe II Seer of std notice from e3 detenoes, Seer mat arraan to Rummer iat ad map give wale note nsued d Sae m PuchiOT It$cope ends to e correct the 53 Purchaser.at Purchase's notice to Seiler e 2 toys that such rylat Saes have been ConeMd.I Salo deco NOT contract ceo sea y Wee le seam N dodo all no roar m^ e wen 2 ma oar at a y arnnea acme. Purchases ubamly S I am and against any mudws Plotter a real to me caused a• Willey may remove cha the con gal eS roes damage b me real estate Ousel by ma d negligence of Pvdaer or IM peraPral Dermamvg wide ibpeUm. D O 87 The lamed the Rba(almmamgd Pages attached hereon is made spa hereof. Be PURCHASERS NAME(Type or Pee: THE VILLAGE OF MORTON GROVE use EIN:36-6006007 ea d BY: // 4 � /j 4) SALES TAX EXEMPTION NO. pearl- E9998149104 91 PURCHASER hX "has'f`—. ,�'et .e—n -Addraa 6101 CAPUUNA AVENUE 92 93 It's President MORTON GROVE ILLINOIS 60053 94 se Clay Stale • Ton 95 ACCEPTANCE OF OFFER BY SELLER. 97 Tas day of 20 *s _ •ors aCalp1 the Offer and agree m pewm red meter according to the terms d me contract 919 00 SELLER'S NAME(Type or Pram GEORGE KASE 55th I01 / " N . ' tOZ SSpy a SELLER I A A e Vl, j l$r i berms 8600 Ferris Avenue 105 107 SELLER Morton Grove ILLINOIS 60053 107 City San BO toe THE PROVISIONS APPEARING ON THE REVERSE SIDE HEREOF ARE AN INTEGRAL PART OF THIS CONTRACT. re: Adam 0/95 55032 Noll Shore Board of REALTORS* 110 11-NOT1t'et Al notices or Mier mmmunicadonna with man be renireo or made woe(the temp of ma Corned moll be N writing and shah be merle t Pe parses 111 hereto at the addresses wtti appear alter thaw names,or at suet actress or to Me person as each may by cannel nonce designate.by penal delivery.certkedor 111 regisierec Rae,or%taL9Na caratiiSSFn.1n Use of mailing.sot"noon anal be deemed to be given as of the date notice Is(laced in the United Sates mat.penge 113 pad. 114 For the btpOaes of Peregrapn a and 9 of was cornea.it mitten race of dswordvd a oven ales,to lime period spelled was contract shalt be nN and wt and 115 the earnest mmeyshel be rearmed to!suntan.Notice of Ghaoprwd maybe given by either party hereto or by Men respective meeneyt I"ten netts of disaPactrea 115 a NOT given mew the Wm period meefted.It cots jgency swa be deemed waned and me centred mail remain na knee and Wee. 117 118 13-631511N0 I F kV"-Sale represents that to information codained on to Rem Rot Rider attached hereto concerning emery leases anise and correct.Saer • 119 agrees tel al bases anal be assigned to Pvdhaeer at dosing and tat toppled seonmy depot.it tow%shall be Paid to Pichaser at Morin% Sent agreee me a 110 ate rat terminate any teases(other tan lot to ant,defend)nil eta Nee any new lanes(other then in the canner/come of business;ear to demo without 121 Padvser's price consent.wntah intent ell not be unreasonably willed.Secumy denotes.tang.together with edaacmd or statutory Interest a any.SOW be pad 122 to Purchaser by Seger at stamp. 723 154 13}TrlLc mammal put(a)Seger elm wens n eye..In ha mexveren en Ommeee n w.rharmes advert am(less den he days prior to the bide of d®g,a!a 115 =money or an o-itt late inflame; r 4lrkpri MIT cBSI IRItat r-'MPANY (Sale of Mina,ei the amount of the dntase erne, 116 covering this to the red estate an or ail the date hereof.mowing the in the mended 3anior Saptl only to(I)the arditen and Winn=at sehard or Penal 127 exceptions contained In It owner's poky iaued by Viet amawha(21 the We re aptorn set form etas.in Petal 4(a)&(b),and(3)title®seen whim may 129 be rammed by to payment d money at to toe of losing are*nap the Sent they m snow at Mal gene by using the hinds to be paid won to delivery of me deed. 129 Delay n dowry by Seen Copelrtem for Title bum=de to delay by Purchaser's mortgagee Si mdadrg reengage as dkapg dorm tine stud net be adater 130 Menu petagaph-Any Me commthneenha mined by the Seer hammier sill be eve evidence of good Ye as R+en sloven.shied airy to exevtaaas therein" 131 Stated. As to el or eery awl of Said red estate wish*on to data M to contract.ryes,...,red in the 011tos o to Registrar at Tees of Cook Cony,the Sees shall 131 (1)tender the title comibne t herein required.12)deter me Owners mgaoa Cenagaiii 01 tee at dosing,and(3)timely ae N notes and lm of necessity steps 133 to assure the dere¢we0on of the real elate at recotdn of to deed a ding. - 13a (b)It the the connive(trebles esceptaa rearing to Ma ether man vase referred to in Paayad113(5).Soler dad have 30 dam horn to date dine deeey 13 to Purdeeer thereollo have these ea ageore revved nom to<emiapn6 If Seger at to have these eedkre removed wain such time.Palma maytemeole 135 this contract or may elect,taor notice to Seller Mein to days alter rip eaation M the 30-day period.a take We as t men le with me rgm to deduct icon taptdase 137 pie lees or endhmbahCes of a dente or ascertainable men. t Pvdeser does not w eed,to contact WWI becerne null and void without titer Wien of me 136 parties,and to earnest money Weil be retuned to the Purchaser. Ire 140 1,481,1.1.7„;11 the Purchaser denude.earnest money site be forfeited and applied to rent M bents omese n and any'area"tweed.and bYce ead 141 to Seder.At Sebbeae eleaon wee ereilue may be in hull settlement of el damages.a Seller alma a wren money,et cotond Purchaser coal be refunded to Pureness. iQ but set refiaidig Shai not remwSaler hurt its oafgatme Leber this contract.In M rent of a cheese as to etc is antigen be the earnest mae%the eaCowee may IC depostthe escrow fun=with the Clerk of the Oral Court.The parties agree to ktoemily and hold to a craweeharmees tom any and sedates an demands.inch-zing 144 the payment at neneaae Nmneys teee costs and expenses arising out of alth damn and demand.said amounts to e bang enmity by both sder and purchaser. 145 146 15SPI LAM REPO FSENTATION:Nornmstatrg anything to te contrary enacted Si din contras.Seller represent coal to to bens M Sells knowledge.at heaths} 147 canal soothe,ventilating.'Medial and plumbing Mauna and systems on de red estate and a1 agplams to be tardereo to PNdeser pursuant to Ow contra=are 145 n working one and we be so at to tone of dosing. 149 - 150 15-GENERAI cn.cmONR;(sr'a Wort doing,mpawerwms on the red enact are destroyed or materially damaged by fn or other esuaty an contract at option 151 of Puraasa std become mall and void or Purchaser may elect bale an asagunan of Sails oncee=Proceeds- 152 (ge)Prior to dosing.Seller sal Wien at Setters expense a any dated M more than 5 months prior to mead aa7place prepared bye tensed lad aavely • 153 snowing to aeton of to Improvameres tereon Isaac micas sepaaag to Mg estate Iran ening macartes)at arc'n g al nasal menR a an t the 154 survey diesees nmemer location of elomvernents M erdwarnents and Seer a tape to Obtain f e ih®Rene poeOIen for me dwel of Purchaser agars an 155 residing from such improper foatton or enateetwent.Purchaser may,al Purchase's option,dada,the Contract to be el and void.Pmuwkg at misting mprovenaw 156 (inducing lades)ad eenoMment&a any,appear on the navy nue furnished.Purchaser shall bear to east of any law data survey wheat may be required by 757 Purview's mortgagee or desired by Purchaser. - 159 (o)Earning menage eat wen Indebtedness may be paid out of sate proceeds.Puncher may dace a Mortgage on me real estate and apply Praaads on purchase. 159 Idl At of It item of personal proeey shall be transferred to Pumese by savers as doting of a customary Ba d Sae without warranty of metneiabRry or fitness 1E0 for particular purpose. Sate also shill knish Purchaser an Abbate of Tea owing the rime of dosig subpar only to toe tee exceptions panted by t a centred 161 and steal awl catoeary ALTA kmm. - 1R (e)Purchaser admowledges for the bemea of Safer and for the benefit of rib panes Mal Purchaser Yea had irate access to me real estate.in namverrent 163 aid included personal papery,as well as the pubic reads related to the property,and Is satisfied as m the physical and other canCkn 011ie real estate,inororieas 154 and included person&property. 165 Ifl SSW shat remove di debris horn the red estate and Improvements by dale of possession wised to ore rights al my tenants. Purchaser shall have the rq,l 166 to nspech the red ens*end improvements during the 48-ivw period immedately prior to dosing to verily that the real estate.improvements and ieheed Personal 167 popery are in substaneally the same cotton,as M the date of Seb es eoaptawa d to contact.normal wear and tear excepted. 1611 (g)The Seller warrants that neither Soler nor Seller's aged has received notice of any dwelling code violation which wisp on the dale of this contact teem any dy. 169 visage.or other govammenta authority. 170 (hl Seller and Purchaser shat carafe all documents and provide as Alamo don so bet any Federal Lander can acre i5 camdknem and dose the transa]ei n iT acs dsrce with the resentments of the Red Estate Sereemenl Procedures Act of 1974. 172 II)Sete shad coney with the amid of any municipal moanmae rearing to the transaction contemplated herein for the mnippealy in which the real Beale is boated 173 and shad precede to Purchaser at rem evidence of onggence with wdh nieces garbler taxes repined by lace orderte sea be paid by Me pay designated 174 n such ordinate. Seller Yap pry ant transfer ea imposed by stale In 175 U)Any aaimie transmission of any documents relating to It cetrad shad be considered to nave Me same legal haled as the signal document and that be reeled 175 in al master and respects as the original dodsrien. 177 (k)Ptdhaser shall Furnish flood insured"roved by ender and mat pay any usual and oslomay=deaifig own Or charges reeved by bier 178 (1)ram is of to essence provided that Seder and Purchaser may change any date or the fit tel forth herein by a eaten agreement snouted by Sent ail - 179 Purchaser or their aLehpraed agent. tin Imp This contract and thetremactiondescrted herein may be subject to the pronatons of lid Foreign Investment in Red Property Tax Add 1960 arid N amendneNe 181 thereto(the'Act".Seer and Purchaser shat execute or ane lo be executed ad doaarwns and ake or case to be akin all whoa necessary to order thee Purchaser 182 met have no labilly.Neer actual Or poledhd under the Ad. -183 (n)Sher agrees to sonde the Internal Revenue Service with the Sale d Real Estate 1099 arm as moved by 184 (01 Caption are not intended to lid the terms contained altar said amen and are oat pat of the Contract. 185 lea This contract is provided as a courtesy by M North Shore Boars of REALTORS.wiwish assumes no responsibility for its legal attdancy or contents, 157 1® 6'9815032 RIDER Initials - 17 The parties agree that no brokers have been involved in this transaction and no f/) ' commission is due or will be paid. 18 Seller shall have the option of maintaining possession of the property for a period of up to twelve (12) months. The first four(4) months following the date of closing would be free with no rent being charged. The following eight (8) months or any part thereof, if occupancy continues, would be at a monthly rental amount of$900.00 per month. The n, r Seller shall remain responsible for and pay all utilities, including but not limited to, electric, gas, telephone, water, and real estate taxes until such time as possession is delivered. - 011.0-12-c.VW/ I_.ra rww-..u�°nd.. °APING' :WC/R.1AL iR: +i. ..u_..u_ u.0 aLLco WHEN EXECUTED BY ALL PARTIES THIS WILL BECOME A L iAU-1 Oi ii'a l+.w —__-._. _— t T� Cock Cz¢:ti Inzim "'a1 :E.nar vin. Sic. / = 1e� tae' caa November 15, 2000 �� 2 (Srert _ 3 nFFGR 110 DI ioniASFR'Age(Puretiaser)Ow m purchase IS red Mete Ntown az EXHIBIT "B"' 4 8721 Naragansect Norton Grove Cook LT 60053 5 Strati Clly County Slam /IP 7 70.03' s 121.62' Together yen Improvements thereon. a Legally described on fMtied A.0 any.Lot tae eowa 1S woo 9 me I KIOcre The halove g snow be Elena persona ploery(aeronomy to sawed.II any./added on Me real edam as d me dais Men M mach a wed ale pia 10 0e ghw[screens.stern to nit.a end dews:ei nes.widow bends oocti rods cane,odd ranter tweeds:snitched TV amens=In ng,antra cooing. 11 yenkrals and transmitters and taunting Oases mined Mini dishing,intonerahtrears.cabinets erdbokcases:awnings:parch modes planted•egempwn:garagean 12 openers and trawdners attacheafireplace screens.snake need=akin . baler berg roon.• Unit W cangdexl°: Mngerabrs: 13 ranger as well es IM Sown;specific Items I s le EXDLItCIONE'Ina labawmg be-•- �L ]� mine With di_ :rs • 0 000 'nt:l owned money 5 16 TaRe Steer dated 1/L•/Be Payableb went _tar OS..lEr r o.LCWa mepery . n Upon ecmutaio Salt Or.ULM dada 4ma be propey stoned of e and deposited alter - 18 designated In Peragraol 7.The earnest money Mr be Increased m U %d pmdtase price widen_ 1//W 19 Sellers acceptance.naiad. Said bridal lethal money shall be returned.and this oiler Nan be void I me accepted an or Odom ,u..^, se .. .. - 21 acaptw b aamanita eye exceed wwndeed X wapelKiwen re amount an sell 5 or such lesser amount as •ot - snail 23 accePL.Nnaws 7.end Me exceed ?.ormeb(Ib 7, rata Mansell Inn(interest over minimum of .�_.,m lea norm sand 23 - %end melons cap edtbexceed Y.sold lOanmpe anarfna0 weenvmnmd ,- �� steers servbedwgs not 24 to esceed V.or other 6nencng a provided in Financing Rider. .. ., .rem.pbnchaww shah so nosily Soler in writing 25 R Piaraser makes a good fat anon but ts unable to obtain a commitment for Ins mortgage loan • - . . 26 wimn the lime seedbed in Paragraph 2 IF SELLER IS NOT SO NOTIFIED WITHIN SUCH TIM o'" a PURCHASER SHALL FOR ALL PURPOSES BE DEEMED 27 TO HAVE SECURED SUCH COMMITMENT OR TO HAVE AGREED TO PURCHASE - - ESTATEWITHOUT MORTGAGE FINANCING OR BASED UPON THE 28 MORTGAGE COMMITMENT ACTUALLY OBTAINED.II Seder a so node ----r may,as Seeera Olden.wean animal clays alter sad notice,okra 29 to nod purchase money financing or ramose a mortgage.....• anbenall of Purchaser upon sudsianeaay the same terms lor me mortgage loan contemplated 30 !imam we such orer materiel terms aim cendi'• . - -- parable bans eslabIshed by any lodlag lrimara n with a winner twee in the Chicago mevopoetan area 31 henna meets of anent one peon cedar ,•.ea notified.Purchaser agreed M lwdsh to Stew at requested credit and Tui ndd inlwm ton and to sign eatery 32 papers tdatng to Pte app, • amnia of a mortgage commitment 11 Seep M thereafter unable or unveiling le secure sown Commitment or to accept pureese 93 money fnaitn ported.IFS cwntaC Shaw be null and void and the eerrresl money eel be returned le Pa haseT.UNLESS A HOME SAL AND/OR HOME 34 CL05• • IS ATTACHED THE PURCHASER WAIVES HIS RIGHT TO CANCEL THIS CONTRACT UPON RECEIVING A CONOITIONAL COMMITMENT aid. as 3• xuENTNFTHODL'Th.Fixates,Prce>taa be paid.cubiec to pnaapoN.all n a5fl,by cashier;Mack or panda shed,utloseg.unless olhwwfse Provided 37 term Financing Rider. 12/15/00 38 sst Dewalal Casing or escrow payout snag ben .provided late eanmrrkewim ma cone=or has beenaccepted byPurwsa ay cemeyance 39- by stamped maemble warranty deed with release d Homestead s(or pram appropriate deed btal w in an salami alt Payment d purchase pace. ae ibl TM snag be conveyed M me dine rewired by RNs cone=sudject any b:General lases band aubsevuefe years aPenl crud o ssseumenv.I •1 any,terMoro..narno net yin camoietadmeiaefnenls,'I any,net disc as the date hared deny specal m1 or assessments tor lmpfp2menn herelolore completed waling 42 fines and molding and liquor restrictions of recant swing and building lees and ordinances:Pak public alto Maly easement,: oeewafla and mama ons at record 43 perry wail rights and agreements.it any:roads and highways.vong bases and tenancies as Worth el reel mil and or wagered entered �S�1 doyen 44 n The ordMary cane al MVmss: 45 (c)VT�iii:�a vote btc�wwssaedd&Vero of Purt°sees mortgagee a.I none.et once d raker. s specified Nip/ se INomel_'+ca40 14Cle insurance Company (Address) PkOkie 02:Ice 47 w,at rewest d Winer Pay.in noon wen the tee=Many issuing IM 1 by deed and money elan:lee to be IsvIeO between Saes and Purchaser. 40 5-ARORALM1is,Real Ealate nacres(based on lie %d most recent ascenanade taxes): w 00hdee.If requesmd by Purchaser.rent;1 ay;wait 49 taxes andamoproraiable item In uang wood hazard insurance shallot prorated toasts enccasesswn.Pales hereto agree la repnratamen realesne 50 tea eel Is available.Rgproraoon survive dosing;d amount due Is not paid In damper demand.men to compound Interest due shall be X 51 EEOSSE ,ION•Pans65abn.sullied la bases and nuances,shall be delivered on C-L OSing oraveded ale has been dosed 52 tattles end Occupancy.Al dozing,Salter rate ray to Purtuser s per day for use and Occupancy commencing me anal day alter dosing 53 up ro and Inching ne dale possession a to be sun ramped or on a man-y basX wiehoyer period is Part. sr.Purchaser shall rdune any payment made or use end 54 occupancy beyond ins dam possesswl Is Sunendered. 55 (b)PoSseealon Escrow.At closing.Seiler anal depnsll with escrawee designated In Peragfzlni 7 below the awn or$ -- IC guarantee 36 possess-alone(oemm dale sot loan Nave.wheel sum anal/be held llmmme net proceeds d the aim onescrewee lanai receipt II Saler does ndascrenaerposacsson 57 as above.Seller shalt Pay To Purchaser In addition to the above use and occupancy.the sum at 10 of said possession escrow per day W to and Waging day pesseSn 58 is surrendered to Purchaser plus an/uncurl use and occupancy to the date possession Is sunondered.said amoum(s)to be paid our of eswaw and ma balance.it Ny, - 59 lo be Mined over to Seder:and acceptance of payments by Pudms•r srell not Emit Pure/tames other legal remedies. 6O 7-FARNEST MONEL Earnest money are mid contract stn be held by ❑tONEt Ill the benefit at me parties harem Purchaser agrees char said 61 earned money is to beheld In a lederaty nsuredmoney market demise account al a banking institution designated by Me Lisang Braker.N interest earned on me earnest 82 money is to accrue to Purolator and Is to be paid to Purchaser at me tine of closing or upon lammrOn of ads Contract 63 pRDVALI Tws contract is contingent upon the approval hereof as to form by me attorneys Ior Purchaser and Seller within 64 �K days alter Scows acceptance or this camract,Notices shed be Oren pursuant to Paragraph 11 on the reverse see eased. 65 EJNCEECitON Purenesw may secure at Puicheeer's opens.(unless omeowise povima by governmental regulations)a propery radon,and/or wood inkmaean 66 nspeaionlsl d aid Reel Estate bye professions impedion ssmice(sl.Purchaser shall serve node upon Seller of any*Mega,disdased by the:,materbnis),weal 67 are unaceeptabe to the Purchaser,togetherwlm a copy al Me repents)wwfim 15 days ater acceptance of at Contract IN THE ABSENCE OF NOTICE WITHIN 68 THE TIME SPECIFIED,THIS PROVISION SHALL BE DEEMED WAIVEC BY THE PARTIES AND THIS CONTRACT SHALL REMAIN IN.FULL FORCE ANO EFFECT 69 it wlnn five(Si calendar Lays alter receipt of Gunn wades and mondial.agreement canna(be reacted by the pales as to now me cad al carman snail be apportioned 70 between the parties.men tither party may ermnate this Contract by when naive to me other Parry and THIS CONTRACT SHALL BE NULL ANO VOID AND THE 71 EARNEST MONEY REFUNDED TO PURCHASER UPON WRITTEN DIRECTION OF THE PARTIES TO ESCROWEE The property nupection snail cove,put not be 72 kmnea to me major components of me Real Estate:canal heaeng syateen(sl.central coring sysWNsl.latency nunmeg systam,electnolsystwTL rod.Pals,csings, 73 too,,and bundadon.A molar component snail be deemed te be M operating condhdon ills performs me function b which ills Intended.regardless of age.PURCHASER 74 AGREES THAT DISCLOSURE OF MINOR REPAIRS ANO ROUTINE MAINTENANCE ITEMS ARE NOT A PART OFT)1IS CONTINGENCY.Purchaser shall indemnity 75 Soler Iron and against arty lose or damage to the real estate=used by acs of negigenco 01 PuWser a the persontsl*alarming soar inspection. 76 10.LFAO BASED PAINTTC STING rONTINGFNr'•This contract is Contingent upon an ilspecdan or risk assessment at me properly ter the presence dead based 77 pant andor bao.oased paint naaeds.This nspectionassessment shall be conducted by an irwPeCOdcammctw licensed as retrned by law at Pwcaserb capense 78 mom 10 calendar d acceptance ol this contract ay Seder.This cont gency slag be deemed waned unless Rumaser delivers to Seger written notice el epedic 79 ealsnng delloanceib tgeblw win a copy of m•Inspection and/or risk assessment report Sager may.at Seder's option.warren 2 nays alter delivery ol said notice Iron' ad Puchaser,elect to earn or NOT coned the Oelkbndes prior to dosing and shed give wneen nodee of such election to Purchaser.II Seller awls to coned Me 61 delawbbs.Seer Shea:tarnish to Ranter prior as castle cermlodon mar Such Mhdendes nave been corrected It Seam Mesa NOT to carect aKn Mitts des 82 Punnemt al Pacnaaers°peen and upon notice to Seeer elmM 2 days aller delivery at Seeds election not to correct may Sedate m0 contract void or may elect to 63 punnets,propeny sirgea b Ina den :..des.Pacheser may remove this contingency as any time willow one.Purchaser snag Indemnify Seller iron and against any 84 In or damage to no red estate caused by anal negligence of Purchaser or me pereaRal parfonnig such Inspection. as • 96 The terms or Ma Rlomp)mnsisnlhg of ---- ogees attached minim Is made a pan hereof. 97 E.I.N. 36-6006007 Be 00 PURCHASER'S NAME/Type a Print Vi 11 Aga Of Mort on Grove SSN: so • ez PURCHASER - ., -• / _ _ _ / _ .mss 6101 CeouliTU 93 94 PURCHASER • Mnrron_drove IL 60053 95 .> - Coy Sens ZIP 97 ACCEPJANCE OF OFFER BY SELLER 90 This -1/." dry of NOi/ bel�l ;,rrwee�oc�topi die alter and degree to perform and convey according to me terms d vis contain. / /n/ p p 99 100 SELLERS NAME(lype or Past LrT'/Hen/7, /1/�/iM 7- . 55M C1J'/. 36-W7" /O/O a 101 • 102 S5N: 104 s 1 1 i/r.a __ AN .bdec IS % SELLER y [4 Z AA 11 t 7 CITy Slate 2iO THE PROVISIONS APPEARING ON THE REVERSE 310 E HEREOF ARE AN INTEGRAL PART OF THIS CONTRACT. ' v 110 11-NQTCCS--AC names or other eammunieasons what may be Mimeo tar male aim vw w-.•••• ---- nest"desryata.by-personal delivery.artifee or Ill hereto a Inia addresses minify woes after their named Cr M suet acdre55 or to=Ca Parson as eace may m'nation at Pis Ultimo Soles mail.postage 112 re9ivered mail.rall eca+nda lydntmls.tsM1 In case at mailing.suet rmtlmwet to damned 10 be gtenn vl Ile oath rholYnupatio° ¶13 pea InS mono=sham be null and Cid and 115 ;on"Pumnsye g PaegntM 8 and9 Of as aloma.f alien ranee of be givenfmyle pe w9 fley II minima floc Of 0.Saapmm{or by war reenecilve suomoym 115 Is MOT Iv money MUM time !eeeCasn =tangency of snail may deemed wen vv ma snag remain In OM lc and saws 116 k NOT.pvan*inn IM IIIM pBllaa ape1:88E.pt6 COnYngaYy I]1W D9 deemed waived any the CMIfaL' 117 118 1frn.L5ASES:Segal mprasenla that me mhrmebarl aantained tit Pte Rent Rea Rider aMHCmet nefma creaming m a SanKKiryet.Sealer 119 agrees Mal all lamas wall be assigned to PWCtaer at Caoalg aria mat unmasks seannly deposits.11 Nry,stall be mid -Metal to wail not mminale any leases fattier ten Ir tenants clalaW nor dinar vita any new Ieasao R er ten In many course m Ml Duties=w a i(a Swing �f be 121 Purclasen prat cancan ydnl Cnsamsfell not be unr°asmtedyvamnad.Stoniry'spurn:. pala 122 to Pwcaser ay;agar tar dwiq cago Title Insurance Company 123 s agent,nth'm6 man five dap phm to Me tine d dating.a Ina 124 13-TTTI c CQor an Owners la)Seller wad mew or cause! aeeyered to Pwcnnsar r Pwdlesar 9 In ma aIOWt d Eu purcase price 125 pee lP WI.to ownerslmenae ter a MIN hared, and wan dons are standard or general 127 mvlfgla dale b ain reel dame n a alter Ma doe n by Ma s=manna M s emended grant=� itl�o Ma)b(W.and(31 MM ar�aona Stich may . 19 hacemove lay Ma Mtwara m Ora ateers patty erne by of a anfpwit t e Idle exay sore me ier ro be paw u0mt Pe aesimy of me dead. 129 C if noveabynibeg Cmoneyent by of closing and to dhtie Seermaymrmonag that recediggoing and Mtrryng emwr We snag not be a dataua 129 ploy in deanery by My alCpmrtememffi a0 lytoe Sellrwbdaey by because ejide mortgagee fee mortgage 131 dated. M ntpn.My pert of s rMem ltmibrma d,en Me data art a n raft.w mueae et In al circa l as mraalzawTTdes m Coca County.me at Sailer anal 131 (1)stated. As b all r any Pert m said tad esata wnldt m me dw m and iptale vrec Men t WI In the OIM d me RaglMfttr (1)tenor me dila Commitment herein required.(2)aaaar me Owners=grate ardltale m mid m dais and pl twm9 7e atl notices any lame all neorwary Maps 133 to assure se aregetatpn of the reel ate and rernedna d me dame at closing. semey 134 (al II me Rae commitment datum=Mccepamo ralahtg ro We Morten Mdse referred to In?mail 13(al.Solar minarets wg have ane30 c, 11dorMe data ta as ledrrwly 1's. w Pureiasal tired to have Mdse escapee=ram rodIrani Ma commItnen.M Seiler aW O nave prose eaaplfra IPMena v0M191u ntpnfedem essm Pty lemmata 1$ tits cannot r may elec.upon notice to Seger war=10 days aner Me ewgdlrr of Me 30-day period, pace lens or ercunaances at a doings or ascermNade amount. M PurCtasar load not so deft MIS mmtrca snail tetra null and void=hod Warner action at Mm t! patois.and he gamest money snag be rebated to me PufCead. 139 (d bntears commission and any expenses CMS.and=lance paid 140 v 2F—S.t Lt 6 me Punelaser default;earnest money Mae he whaled and adpled le paymri atapdmd a any xpenses C S.alt o Portman. 141 lo Seam.At Sedan Meoanaa n loft allure may as M lug settlement dad damages.IISegardelauIt.earnasammey. 142 hn suet.refunding wag not relesse Seer from Id abigatons wader ter contract In me event of a dispute as to Wm a ended to Ma earnest money.Me aaeosee may 143 deposit heescrow beds dim ma Cark Mine CGmuIt Can The parties agree to Indemnify and hold the eaerdwee newness from any and alt em and demands.inducing 144 Me payment of reasamade attorneys tees,co s=and espmesas w ay out d soon dints and clement.sad amounts to be corns squaw by tom SMlr and paoNSer. 145 m trm w me eta d Selefi Imowladgs,all heating. 146 14•4Ft 1 WI RFPRF4FNTA11ON'NorwdOaneng anything In me contrary contained hi Ma eminac.Sear warted w eta el Sr Saar,IoM l O9 canna nth 147 cant=caging,ventilating.eleanci and ptwmrmg fixtures and mcieasan t1raal 'lent and all applanorS to Oa 148 in wraing order and will be at as the lane d casing. AL TA e 149 r materially danmged by Are rarer eduei!11 this contract aaptim 150 16.OFNERAL r'ONDITION'c•(a)P Om le dosing.lmmoven on me real estate are destroyed 151 of Purchaser snail became null ant void or Purcnasr may to eke an - of Sellers insurance proceeds. 152 (b)Pilaf to ctsmg.Sett shell turnisn at Selena'scoriae lu ad not mete than 6 manOis prim to agraca=epence prepared by a(tensed land surveyor Inc location al Ice improvements Mamoru(including fences separating me real estate from e4oMng Prooeraesl art showing all ertcdatutent;ii any. If Ma t54 wnsoy t on Ir Ice benefit d Puraaser aging loss iSS surveytdant su Improperlecaeamnlr anobeetmec. utaenmay, and Satter madn deeae MS contact o be millllland wk.Providing all existing afprmaments 155 rein ucin Min such epaPeoecoan r wo any,appear,Pitha rmy cPacta lad,Purdleser snail bear Me cast at any soar dala survey v may be resound.by . 1% IinCuau+g ernce5l and rprosdlmmts,-d dry.appmr tin ltae away Mtn hrrntshe4 157 Purctaser't mortgage°or dewed ay Purdnaser. m Me red aslela and apply meow=on pwdasG 158 (c Exislkng mortgage and ire I debtedness may be pad am el sale proceeds.Purchaser may Pero a mortgage 159 (dl Alt al the items of personal property shall be transferred taPxanaser bydelary al chasing at e customary Sit of SalewiWUleamanly of mereiamacilily or Mmes 160 for particular purpost Sailer also snail lumian Purchaser an Affdavi!of This covering ma time Of Casing.=tiara cry TO Me title eateptan';ermined by iris contract 161 and Vial Sign=Was-nary ALTA Mato PS improvements 162 (e)Purchaser!dine edges or the earmfd d Seller and Mr Me benefit of Mud panics mat Purrneaer has lad re let a ceess a l of real lein ,mprovements 167 and iMsded personal=warty as welt as Me pubae records rata to me property.rte a samsmaa as w M a pnysiCal 164 and included par30nel praaemy. cubist.ro Ina billies d any IanwK Pufenasgr wa6 have Me ngnt 165 (R Sotr`Jell remove all debris from the real estate and Improvemens by data at possession le Vet.t In ma tai any t improvements and hll ha Included=mania Mani 166 to inspect the real estate and improvements during the 45-nour period atanediatei prof wear t i and far us.impel. 157 property are in substantially Ma same condition,as of the date d Sclera eredsance of this centract wlh id I exists c eta date r this Crdrao tom any Wig 183 (g)The Seller warrants that neither Seger nee Sailers agent has received notice of any dealing 169 vaage.or other governmental authority. 170 (h)sever and Purchaser shag execute all documents and provide all Information so Mm any Foetal Lender can Issue is commitment and case the transaction in 111 accorpanCe win the nquiremenls el the Real Estate Selfeinem Procedures Act al 1974. a union me real estad d weed 172 (i)Saner snail comply wen me elms d any munt;al ordinance relating to me trareacdon contemplated Groin edugnap snag in pond by re parry ea Scaled 173 and snag provide to Puraaser at=wing evidenw at compliance with such orWancas.Trrole/axes required by Seal 174 In aacn ordinance. Seller shall pay any nentler ax Imposed oy sale law. 17S Many lecavnletrananesionof any documets relating to oes tined wag be conSdered w have the same legal effect as Ma original doeanent and wag be treated 176 in all manner aria raspeca as no original document and customary processing costs or charges required by order. I77 3k)PJrcleter Sag turrasn gone uisuranca isreo by lender and snail pay any ucwl 176 II)lime tt of tin coronae.tro+bed that Seger and Puntneser may lunge any a9M or rime lama 9M tont harem oy it Minor agreement emple°by Seller and 179 Plud'esi'or their au°odzed ages= 180 (mlTIs=nhrac and me tansacaan described herein may be suelae no the erovltons of me Foreign Investment in Real Property Tax Act of 1580 and d1 amendments tae mans ime'Act,.Seger any Punic laser rag execute or cause t be executed ea do=lmen and axa°r cause to oe akin all aeons necessary in order nil Purchaser 182 wag nave m Ilaggtli Wrier actual or potential ceder the Act tea int Seger agrees w rovlae Me Internal Revenue Server,win the Sae Of Real Estate 1099 lean as requited by tin Vie (0)Capons are not Intended to ego Mw terns c ,twad alter said caption and are not part of me Contract . t6 166 This song=is presage as a courtesy by the North Snare Board on REALTORS',.pith a=U Mea ro respersMarf apt Its ego wl7omey or contents- IC lab area Y6032 17. Purchaser, at its costs, reserves the right to conduct Phase I ivi.rorxlental Survey vithdn days satisfactory to Purchaser. . ,2o di 1! - • Law Offices of n Gabriel 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 30, 2001 David 0. Erb Treasurer/Finance Director Village of Morton Grove 6101 Capulina Morton Grove, IL 60053 In re: 8600 Ferris PIN: 10-20-111-009 Dear Dave: The lot was purchased on November 30, 2000. As a result of that acquisition, the Village obtained a credit for taxes based on the 1999 bill of $1,759.58 at 105% from January 1, 2000 to November 30, 2000, in the sum of$1,691.07. The total sum of the 2000 total taxes was $2,167.18. The First Installment of the taxes was paid in the sum of $879.79. The Second Installment of the taxes due was $1,287.39. The Village applied for and was granted an exemption on the property for 9% for the year 2000. Accordingly, upon request, you gave me a check for the Cook County Collector in the adjusted amount of$1,092.34. Enclosed for your benefit is a copy of the RESPA, which shows the credit deducted from the purchase price in the total sum of$1,691.07, a copy of the tax bill, and a copy of the Exemption. If you have any questions concerning these, please give me a call. Very truly yours, BR . BERRAFATO GSB/amz Enclosure(s) c: Larry N. Arft, Village Administrator C IMTAU'OR000CSWV1LUGE OF MORTON GROVFACOLMMONs,BBU FERRIS-EASE 10404 1 I-00SCORRESIERB LTR 10-2401 RE 2110 INSTALL OF RE TM BILL DCC 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 November 1, 2001 David 0. Erb Treasurer/Finance Director Village of Morton Grove 6101 Capulina Morton Grove, IL 60053 In re: Acquisition of 8600 Ferris Avenue, Morton Grove, IL 60053 Dear Dave: To wind up and consummate the acquisition of the above property, please find enclosed the following: 1. A copy of the letter dated December 4, 2000, which was provided to you right after the closing to give you various items received at closing. 2. Another copy of the real estate closing statement by and between the buyer and the seller. 3. A copy of the HUD or RESPA Statement given at the time of closing at Chicago Title Insurance Company, which shows a complete summary of the transaction and all the figures relating thereto. 4. The original Warranty Deed from George Kase, seller, to Village of Morton Grove, showing the actual consideration, which was recorded on December 5, 2000, as Document No. 00954172. 5. The Owners Title Insurance Policy No. 71 4020 106 00000001, dated December 5, 2000, which shows the Village of Morton Grove on the Title with Title Insurance of$160,000.00 subject to what shows on the policy. 6. A copy of the Plat of Survey covering the property in question dated November 27, 2000 (copies had previously been given to Ed Hildebrandt and the Building Department). 7. A copy of the Bill of Sale covering the items of personalty delivered at the closing. Law Offices of Gabriel S. Berrafato & Associates David O. Erb Treasurer/Finance Director October 31, 2001 Page 2 8. A copy of the letter that was just mailed to you, dated October 30, 2001, which shows payment of the final installment of the 2000 tax bill with the reductions shown thereon. I believe this consummates the above transaction. Your file should also reflect that this property has been leased out to Michael Thiel, effective date of September 1, 2001, for a rental of$900.00 per month. If you need anything further or additional documents, please advise. V- , ly yours, i ABI S. BERRAFATO GSB/amz Enclosure(s) c: Larry N. Aril, Village Admi 'stator C:\Data\WordDocsWillage of Morton Grove'cquisitions18000 Ferris-Kase 10-20-111-009\Corres\Erb It 10-31-01.doc ISSUING OFFICE: CHICAGO TITLE INSURANCE COMPANY 8602 FERRIS AVENUE MORTON GROVE, IL 60053 HENRY E. SZACHOWICZ,JR (847) 967-0607 GABE BERRAFATO 8720 FERRIS MORTON GROVE, ILLINOIS 60053 CTI ORDER NO. : 1460 001908850 HES YOUR REFERENCE: KASE/VILLAGE OF MORTON GROVE deadoi MEP l f 13.3 3f27�, ''; I22.76• o n o u . 1- a o 3 FENCE IS 1.08 NORTH CONCRETE WALK . FENCE IS 0.39 NORTH WOOD ,,FENCE o t- '--WIRE FENCE OJ. a uT. 1 1 o wo z N N. 4 O fy O LE ;'1 inch ' ' feat 1 4 TWIN a e e Q 3 w w U Z O }93 2f t�yfi? r of %. r F � 3plC, o t- ''' a. �lTh�b`ryryV o w N N O V Z O }93 2f t�yfi? r of %. r F � 3plC, Xis ''' a. �lTh�b`ryryV }93 2f t�yfi? r of %.