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Home My WebLink About6410-6418 CHESSTNUT a s �' � Village of c�Viorton grove AP Office of the Corporation Counsel Telephone 847/663-3003 Fax 847/965-4162 MEMORANDUM TO: Village President and Board of Trustees Joseph F. Wade, Village Administrator = i , , . FROM: Teresa Hoffman Liston, Corporation Counsel'- CC: William Neuendorf, Community and Economic Development Director Ryan Horne. Assistant Finance Director DATE: February 23, 2010 RE: Purchase of 6410-6418 Chestnut, Morton Grove. Illinois On February 19, 2010. the Village closed on its contract to purchase 6410-6418 Chestnut Avenue from Guy and LuAnn Battista. The purchase price for this parcel was $1.050,000.00. The Village also incurred the following additional charges: • Closing fee $ 500.00 • Joint order escrow fee $ 150.00 • Recording fee $ 48.00 • Total Costs including purchase price £1,050,698.00 At the closing, the Village received the following credits in the form of a reduction against the purchase price: • Earnest money previously paid $ 1,000.00 • Real estate tax pro ratios for 2009' $ 22.762.94 • Real estate tax pro ratios for 2010' $ 6. 929.37 • Total Credits $ 30,692.31 Therefore, the total funds owed by the Village at closing were (Purchase price - $1.050.000.00 plus additional charges— $698.00 less credits $30.692.61) $1,020,005.69 ' The parties also entered into a reproration agreement whereby the seller deposited with J.A. Slutzky,the escrowee a sum of$14,846. Once the 2009 and 2010 tax bills are available,the parties are obligated to reprorate the taxes. If funds are due they will be first taken from the escrow held by Mr. Slutzky. If additional funds are needed, Mr. and Mrs. Battista shall pay the difference. If the escrow fund exceeds the amount owed, Mr. and Mrs. Battista will receive the balance of the escrow fund. Richard 1 . Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove. Illinois 60053-2985 elk Tel: (847) 965-4100 Fax: (847) 965-4162 The legal work for this closing was performed by me as part of my normal duties; therefore, no additional legal fees were incurred. On January 27, 2010,the Village wire transferred $1 million to the closing agent, Attorneys' Title Guaranty fund, Inc. On February 19, 2010, the Village wire transferred an additional $20,005.69 in full payment of its obligations to Mr. and Mrs. Battista. The following issues remain open: 1. When the second installment of the 2009 real estate taxes and the first installment of the 2010 real estate taxes become due for this property, it is the Village's responsibility to pay these taxes because a credit for these taxes has already been provided. 2. The Village should apply for a property tax exemption for this property as soon as possible. 3. When the 2009 second installment taxes and the 2010 tax bills become available, the Village should contact the escrow agent, J.A. Slutzky regarding the reproration of these taxes. Since the improvements on the property have been demolished, there are no keys to be tendered. Copies of the survey, title commitment and other closing documents will be delivered to the Finance Department for placement in the permanent file. It is also my understanding the Department of Community and Economic Development has its own file on this matter. Should you have any questions, do not hesitate to contact me. THL/sl M:\legal\Real Estate\6410 Chestnut purchase memo 02-23-10 ; ONLY THIS AMOUNT 2010 Second Installment Property Tax Bill 0.00 Property Index Number(PIN) volume Code Tax Year (Payable In) Township BY 11/01/11 (on time) 10-19-203-025-0000 117 24062 2010 (2011 ) NILES y/c C7"gi Mt 1-17- IF PAID LATE 11/0211 - 12/01/11 IF PAID LATE 12/02/11 - 01/01/12 IF PAID LATE 01/02/12 - 02/01/12 $ 0.00 $ 0. 00 $ 0 .00 C TAX CALCULATOR) PAYMENT'> THANK YOU FOR YOUR FIRST INSTALLMENT PAYMENT OF: ' LATE PENALTY " X INFO $ 30,030.06 ON 03-31-11 i IS 1.5%PER MONTH, 2009 Assessed Value m PAY THIS BILL AT COOKCOUNTYTREASURER.COM OR ANY CHASE BANK. BY STATE LAW. S Ply location and densifi�ion for this PIN 223,899 C mi 6410 CHESTNUT ST MORTON GROVE I L 60053 2601 Properly Classification 1-00 IT IT Taxing District 2010 Tax 2010 Rate 2010% Pension 2009 Tax 2009 Rate MISCELLANEOUS TAXES 2010 Assessed Value -O North Shore Mosquito Abatement T 48 0.009 0.00% 60.36 0.008 = 25,200 Metro Water Reclamation District 227.86 0.274 0.00% 12.47 1,969.41 0.261 2010 State Equalization Factor P3 Morton Grove Park District 258.63 0.311 0.007. 26.61 2,142.96 0.284 Miscellaneous Taxes Total 493.97 0.594 0.00% 4,172.73 0.663 X 3.3000 2010 Equalized Assessed Value(EAV) Q SCHOOL TAXES = 83,160 Oakton Community College Dist 535 133.0.6 _ 0.160 0.00% 1,056.39_ 0.140 Community High Scholl District 219 - 2,110.60 2.538 O.00% - -- - - - 17,105.92 2.267 2010 Local Tax Rate T School District 70 2,403.32 2.890 0.00% 73.18 19,422.43 2.574 X 8.048% Q School Taxes Total 4,646.98 5.588 0.00% 37,584.74 4.981 2010 Total Tax Before Exemptions XL_ MUNICIPALITY/TOWNSHIP TAXES = 6,692.72 TIF-Morton Grove-Ferris/Leigh -- ••' ••• 0.00 0.000 Morton Grove Library Fund 278.59 0.335 0.00% 2,029.77 0.269 Homeowner's Exemption Q. Village of Morton Grove 849.06 1.021 0.00% 314.34 7,070.25 0.937 .00 Road 8 Bridge Niles 0.00 0.000 0.00% 0.00 0.000 - e General Assistance Niles 3.33 0.004 0.00% 22.64 0.003 Senior Citizen Exemption Town Niles 26.61 0.032 0.00% 218.82 0.029 00 Municipality/Township Taxes Total 1,157.59 1.392 0.00% 9,341.48 1.298 - 'A COOK COUNTY TAXES Senior Assessment Freeze Exemption m Cook County Forest Preserve District 42.41 0.051 0.00% 0.83 369.74 0.049 00 O Consolidated Elections 0.00 0.000 0.00% 158.46 0.021 County of Cook 189.61 0.228 0.00% 69.02 1,478.93 0.196 X Cook County Public Safety 93.97 0.113 0.00% 860.20 0.114 Cook County Health Facilities 68.19 0.082 0.00% 633.83 0.084 G Cook County Taxes Total 994.18 0.474 0.00% 3,501.16 0.464 2010 Total Tax After Exemptions to (Do not pay these totals) 870.06 8.048 0.00% 54,600.11 7.236 = 870.06 First Installment 870.06 Second Installment + 0.00 Total 2010 Tax(Payable In 2011) = 870.06 ' Non-Homestead IL Property Tax Exemption reduced your tax by 55,822.66 VILLAGE OF MORTON GROV Refund Due 6101 CAPLIL I NA Complaint E 97338-003 MORTON GROVE IL 60053-2902 IF YOUR TAXES ARE PAID BY MORTGAGE ESCROW, BE SURE NOT TO DOUBLE PAY. - "'Visit cookcountyclerk.com for information -- - - - - --- about.TIFs and for TIE.revenue distributions. PAYMENT COUPON PAYMENT INFO u Prope ty Index Number(PIN) VWume Q 10-19-203-025-0000 117 ilhe $$ 0.00 Use of this coupon authorizes the Treasurer's Office to reduce the Amount Paid D check amount to prevent overpayment. Include only one check and ■ A BY 11/01/11 (on time) If paying later, refer to amounts above. one original coupon per envelope. i wee � res SN 0020100200 RTN 500001075 AN (see PIN)TC 008922 Include tome.PLC.address location,phone and Name/Mailing Address change?. Check box and complete form on back to update your name and/or mailing address. e-mail on check payable to Cook County Treasurer. Z n 1- c a 00201002000101920302500007008922400000000000000000000000000000000000000000000 m ri IHIIiiiiiiiIi'I'OIIIIIII'I'Iii'I'IIIIIII' _ COOK COUNTY TREASURER 2010.19-203-025-00000104 92410 PO BOX 4488 VILLAGE OF MORTON GROV CAROL STREAM IL 60197-4488 OR CURRENT OWNER 6101 CAPULINA 11111111 111111111111111111111111111111111111311111111.11 Z MORTON GROVE IL 60053-2902 -I 1111111111101111111111111111111111111 1 111 11111111 10192030250000/0/10/F/0000000000/2 FOUR WAYS To PAY PAYMENT INSTRUCTIONS ONLINE • Complete and sign the check,payable to Cook County Treasurer. Mail/submit only one check per original payment coupon. Visit wokcountytreasurer.com and go to"Online Payment"to pay You must include on your check: from your checking or savings account. (This is the only •Taxpayer Name,Mailing Address,Telephone Number, authorized online payment method.) For your convenience, E-mail Address (if available) payments can be made year-round. •Property Index Number(PIN) •Property Location,including unit number CHASE •Tax Year/Installment You may submit your original payment coupon and payment • The Cook County Treasurer's Office reserves the right to reduce at any of the nearly 400 Chase Banks throughout Chicagoland. your check amount as necessary to prevent overpayment. This is a free taxpayer convenience. Locations are available ✓If paying by mail: through wokcountytreasurerwm. • use the enclosed,return envelope •do not send cash MAIL • do not staple,paperclip,tape,glue or fold your check Complete mailing instructions appear on the enclosed return or payment coupon envelope. Late payments must include any penalty due as of the ash PIN „ 12-34_5 _890.1234 0000 Mr..L sooeo Property location,unit*,town date envelope is postmarked by the US Postal Service.Only USPS 2121234567 Date postmarks (not postage meter dates)prove timely payment "m °°°'" ° xxxxx... m Cook County Treasurer MORTGAGE ESCROW xx Thousand xxx hundred xxx-xxx&ax/t00 m., If your taxes are paid from a mortgage escrow account,confirm —Taxvear/Installment • t°"ays” that your lender is paying on time and on the correct PIN. sample check ANSWERS AND HELP FROM. . . COOK COUNTY CLERK COOK COUNTY TREASURER cookcountyclerk.com tel. 312.603.5656 cookcountytreasurer.com tel.312.443.5100 Local tax rate calculations,past years'tax delinquencies, To pay bills,find balances,search for refunds,verify exemptions, redemption procedures,maps,legal descriptions of parcels. confirm payments,and for property tax information in 22 foreign Tax Increment Financing(I ll) information now available at languages.TRANSPARENCY ALERT-A Cook County cookcountyclerk.com/tsd/tifs ordinance,urged by the Treasurer,requires taxing districts to ILLINOIS DEPARTMENT ON AGING provide their financial statements to the Treasurer's Office.Visit state.iLus/aging tel. 800.252.8966 cookcountytreasurer.com to review those financial statements. Property tax relief for qualifying Seniors and disabled citizens, COOK COUNTY ASSESSOR and information on the Pharmaceutical Assistance Act. cookcountyassessor.com tel.312.443.7550 Applications are available at the lllinois Department on Aging. Information and forms regarding tax calculations,assessments, CHICAGO HOMEOWNER ASSISTANCE PROGRAM exemptions and appeals.Certain taxpayers may be eligible for tax tel.312.744.1000 exemptions,abatements,and other assistance programs.For more Low interest loans to qualified Chicago homeowners whose information taxpayers should consult with the office of their township assessments have recently sharply risen. or county assessor or with the Illinois Department of Revenue. To update the name and/or mailing address, check the box on the front of this coupon and complete this form. Upon oath and under penalty of perjury,I hereby certify to the Office of the Cook County Treasurer that I have the legal authority to execute this instrument as the owner,recent owner or for the owner of the property NAME(Do not exceed the spaces on this form.) on the reverse side of this coupon. MAILING ADDRESS(Include Unit Number,if needed.) Signature of applicant Date I Printed name of applicant craw _ VALID ONLY IF NOTARIZED—IF SUBMITTED BY MAIL. •STATE ZIP+4 ( I ') Tp - ,, Signature of Notary PHONE(Include area codes Notary:State of County of• My commission expires E-MAIL o< $„,,, Illinois Department of Revenue 11: Office of Local Government Services, 3-520 101 West Jefferson Street Springfield, Illinois 62702 Illinois Department of Revenue "`2. docket no.: 10- 16- 393 Telephone: 217 785-2252 County reference no.: 97338 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: 10-19-203-022-0000 G o o / L 1 r- ,z.,t 10-19-203-023-0000; 10-19-203-025-0000 Based on the statement of facts and supporting documentation in the application, we hereby issue this certificate approving the exemption for 87% of the 2010 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: July 7, 2011 iliinois 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 10-0000015 Page 1 of 1 �, �� x € #�;,•w mi .gig � q'2., } 1:-k sal L g r t .' . 04`4: 1 ! 15 _* = 4 , 1 1 Xa .Fk'tiM T v- �: ." w.4. r I:..,— }.u: te 000 101 9203023 05/2 1 /2007 Ou http://www.cookcountyassessor.com/Property_Seazch/Property_Large_images_ tputil0 7/11/2011 ... Cook County Assessor Page 1 of 1 COOK COUNTY ASSESSOR'S OFFICE el Property Search Results Property Index Number: 10-19-203-025-0000 Address: 6410 Chestnut St CrrY: Morton Grove n . . m vR#eX 1019203050000 05/21/20u" Close Window http://www. 7/11/2011 , 7 r 1 PI CD til Cil I i p C 3 t i .it .co; Cii) 0 Rik- W . - g t1 g i . _ g , 3 .9E_ '-' cis my- gm§ re li - - g a 8, 0 it n Z n i 1 el DarD g.- n f° a 2 ; t — _ a 1 t ti n,_ ; I r1.1 ,. *4 _,_ r.. 1 a i : zi, `,1,' : - . g. . et 4 P, 4.0 }-. .. - t --a - ./45 4E _ cb WI 2 I e g 41/ 4‘: I 4i i 11 fa. 3 - ; g N v » I 2 0 M 2 ,113 0 E _ ...• ,t , i, py . . i t 9,:i. ig 0- 1141 g g - 1 €i - rin 0 Rfri n ii F1/49 g eel*. _.:*- ,,4 is r 41, q t g A. .• r_ i t o• 2 § t 11 g g 0 t 1 ial i M Ii ; 4 . 1 1 s it e, I- c- g : .. ,g, , k r. , , 2 ! .0 m 0 R. 0. s s- } I I 8 , i g m 2 2 la a : 2 ,.. a ti ao 0 R O 1 II, 0 - a , -. _ 2 g 0. g r IS 2• - NS -Af 1 0 - e to 0 a En - ilf it meT i I Po a In cc cn'd '11 I 11 i a , s -J , ,- 7 - ia -fug - ti .,. 1 ; 1 . 5 .. r,- • -a t n -- II 1 I 1 , 0 , 1 ■ , I a. 1 . s i . .. . i if rs r. r- 5 ID 90 s ts. P P. M M r - rig ;lir f 8 r m g hi ; k 4- a rt e'- • CO ? . r • ma Et Cli M ' ' a a i grit, 4 4 ' 17 7 r 1 f t 0, r im ,41 c.......is.. ......._ .... 33 ,04 N.:„...N. ....s., 1 f..r a a g vay, . S P, A' I 1 r r Village of Morton grove Office of the Corporation Counsel Telephone 847/663-3003 Fax 847/965-4162 October 12, 2010 Tracy Callaghan Cook County Board of Review 118 N. Clark Street, Room 601 Chicago, Illinois 60602 RE: Application by the Village of Morton Grove, Illinois For Non-Homestead Property Tax Exemption PIN No: 10-19-203-022-0000; 10-19-203-023-0000; 10-19-203-025-0000 Commonly known as: 6410-6418 Chestnut,Morton Grove, IL 60053 Dear Ms. Callaghan: To support the application of the Village of Morton Grove to exempt the above referenced property please find two sets of the following documents: 1. Property Tax Exemption Local Government Ownership Quick Check List; 2. Board of Review Real Estate Exemption complaint(BR. Form R.E.E#7); 3. Illinois Depaitutent of Revenue Application(PTAX-300) (R-3/03); 4. Notarized Affidavit of Use; 5. Board of Review Exemption Petition; 6. Proof of Ownership (title insurance policy and deed); 7. Current tax bill; 8. Original photographs; and 9. Plat of Survey; and 10. Hand drawn floor plan. If further documentation or information is needed, do not hesitate to contact me. Sincerely, Teresa Hoffman Liston Corporatiin Counsel THL/mk cc: Daniel J. Staackmann, Village President Joseph F. Wade, Village Administrator VHAdmin\LegaiAReal Estate A6410-18 Chestnut,let to Callaghan.CC Review Bd Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove. Illinois 60053-2985 Tel: (847) 965-4100 Fax: (847) 965-4162 Property Tax Exemption Cook County Local Government Ownership Board of Review Required Documents Expedite your complaint by referring to the Quick Check List below. 3J Board of Review Real Estate Exemption Complaint* (B.R. Form R.E.E. #7) *This triplicate-copy form can be picked up at any B.O.R. office or by calling 312-603-5542. Illinois Department of Revenue Application (PTAX-300) (R-3/03) 0 Affidavit of Use • Notarized &dated statement signed by a government official detailing the specific activity by the owner and any lessees that took place on the property during the year. • Specify Street Address & all Permanent Index Numbers (P.I.N.$) that form the property. 0 Board of Review Governmental Exemption Petition (Ex. 5) i Recorded Proof of Ownership • Deed, Title Insurance Policy, Contract for Deed and Proof of Current Installment Payments. Memorandum of Contract, or Lease. • A Mortgage or Release of Mortgage does not prove that you own your property. • If you acquired parts of your property on different dates or if subject parcels are not beside each other. file separate applications for each parcel. • Cook County Recorder of Deeds http://www.cookctyrecorder.com/ Leases • Required when anyone other than the owner used the property. 34 Current Tax Bill for Each Parcel • Cook County Treasurer http://www3.cookcountytreasurer.com/info/faq/detail.wu?faq_id=281&search=&page=l&total=3&topic=39& PHPSESSID=bc5c2f2eab5ccddb32d55531e06c10ae 0 Original Photographs • Including the interior&exterior of all buildings. 4 Attached to 8-1/2" x 11" sheets of paper (maximum 2 photos per page) K�1 Plat of Survey Hand-Drawn Floor Plan , ` `-- • Showing use &approximate dimensions of each room in the building. C 2004 B.O.RE. (L.G.) 6 Z a y m _aw 5 o m o n E. n o w m fl. On.3 a ? a z 3 �; . C ° C m ° b ° ° ,� m -' .0 C y o. e w c m p cp 5. 13 M c r^ m c < a A m .0 7u -• ;n M '- M ° n C n 7 w 0 0 3 O a n m o m a w .r r"N m w . r o .z \ 9 d `� m ;<o m .� 'ti io o N w cn _ 2, c 2 p m = c < m w a s C o ( -r o 7 "9 m n pT mp� O t 'f°. m `< �. u m _ O mzco n r. o '< 0 7 �' N m i 1 0 [- 7, T 0.,c, nn 5 m o E m O- o - a r N ^.oa 'v 2 Th Z x a CO - I w y m a _ .� w ° 'I D N D D (e • P 'o 0 -a n r 5 x w n ,.. m 7 a C Z F'± r E. //J r w � l m 7 y G CD T.' w o -Ti 1 0 }.' a ll.. m C a -n a G a 0 `.G 5 t 6 ° Z 'b 9 Do ro M w ,,' 7 ' G M a a o ( S .7+ r S X m c•D ET ` P.' 7 n m oc m m O 7 7 n -i -a O \ 4 0 °; O O ° w 77+ m '77 O n n O > -I -n v �� '� 7 A b m 3 m 0 5 t �<' 2 O n (Ti ta c m a w x w c. N. . 7 a 2 O In ? m m w n n "" m 0 CID t.'.;-) O Go i p' .0 m n m °a c p c: m a N D 2 \ CD X v N M fa Ot D ` i 7 r 7 `� `M' m w P\ o M 1 RI co � c `D I\ O- , rI m x _� D t co DI' v n � 3 w w o ■ u3 Le' R '7 ° s K m o UI CD � , Y ? o. r 0. U R r al I Ow U 0 o k rn �`� . .0 c r,�' M O O ° w O 7 -- m m m c 'd Z C" a 0 b S O m' W N O f0 OD 7-1 T U Ja W N c Ul n A a R ~ p+ G t/ 'g N ra— — cn •( b o o I 6 6 n 'O 7 n o A 'D P. .--1-' ? _ 4 c. ax - D arD CD a o O y �. .� z [~` m m 1 y m x w " own n a O. 00 on .20 ft m CA o c w c w k C 5 a,9 - m 00 m Y X r< w e 'CI• 0 1 o co Y N N C m 6 t" ° z --Ii 54 S o-; ^ . m p ° M- 0 ° R 9 a En c °; ^ w w o m m c r o :. c. m m o . 0 w 1 O. n S ,.,, 7 o ° Ri ° m < o o a 7 Je• w O ..i D' .+ ry N S — = C m O `< 7 m A 1 J m S Du m r x I r 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 (t"_(4 - ) 3_ c2-i_ 00 0 C 1 1�U01� 6 )% - i9 -2U3 _ 0a. 3-00", Cowl in which property is located Parcel identifying number 2 V I L L A-c•-c DP Al o C-i ) (,-2 oLe t.Arch 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 to i o - 42,5f i g C H-Es t Aker 7 Dimensions or acreage of this property C3+SS gc r ,5 Street address of property _ Mogip IA) &f--&ui .t(- 100053 8 }' g C3R AP-i 1(2 20r0 City ZIP Date of ownership / 4 VI I-LA&6 C F M Oto--Ll%fu (3-P-0 U e. 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 ., 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 t.Attach a copy of the contract or lease. Part 2: Identity any previous exemptions or applications (Providing this information will expedite processing.) 9 Yes _ No Does the applicant have an Illinois sales tax exemption number? If'Yes,"write the exemption number. /\�, E— Q 9 9 ,p —_L `lj -0 10 Yes 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 -__ _ .. ._ . _ . citation for this application. 35 ILCS 200/ /S //J 0 Ci Or ILCS_/ av 1 . +0p o e d_ ved from this property? If"Yes,"explain in detail. as... r 'm Wi Jill leases. 13 Yes No Does a unit of local government own this property? If Wes"is the property located within its corporate boundaries? -C Yes _ No 14 Yes No If granting this application will reduce the property's assessed valuation by$100.000 or more, has the municipality, t Attach notices 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 spa "c a tivities that take place `� this property.Write the exact date each ctiyity gar-end how fr uently' takes place. a lnln -5 . , e' t, L,aevzv- Ore n - Ia9Nc� : it r it cts bete I S re()eve t 615 a m' im is-1 r 1 r 1't( 16 Yes 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 det it pow the property was used between the lease or ownership date and the date these activities began. I1,/a 17 Identify each building's use, square feet of ground area(SFGA), number of stories,and whether or not there is a basement. Us SFGA No.of stories Basement? (Y/N) Building 1 )til Building 2 IV)'t . Building 3 41. This form is authorized as outlined by the Illinois Compiled Statutes,35 ILCS 200/15-5,16-70,and 16-130.Disclosure's 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 any Illinois Department of Revenue Exemption 20 n 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 •fEReSA it0FFMAA) L; 5ro/3 25 0ILL&L-6-- er Mor>on) GR uc Name of applicant's representative Owner's name(if the applicant is not the owner) (oiol CA rut L_INA (p / Of C.Lk PILL'A) A Mailing address(include rural route or P.O.box,if applicable) Mailing address(include rural route or P.O.box, if applicable) t`AOrahi aft-6 uG I— (pooS3 /ti1O,e,fO (dui%E ss to zIP �5-.3 City State ZIP City ( Rtfi ) yP5 —Li too ( �'47 ) (P4S- —4/Cr: Phone number Phone number Part 6: Signature and notarization State of Illinois ��,,'O ) SS. County of W �� ) I, -reAe Sri 1#t FYNl Aa/ Li S rob' ,c,,o rois fr"7 ho 11) ('.0 ü f✓SC L. . being duly sworn upon oath,say that I have read (Name) (Position) the forego" application and t If f t ' oration is true and correct to the best of my knowledge and belief. i/1f �j J a (Affianfssignaturel f / LATINO �5Vda itiV l LZ ce, .20 fI . rc ____IUC-WOWNIMms Subscribed and sworn to f3efo me this y f U wl�S3 Ating7 S;p (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 ON LOCAL OVERNMENT SERVICES Clerk(or Secretary in Cook County)of the County Board of Review's signature ILLINOIS WEST FART ENT OF REVENUE 101 STREET SPRINGFIELD IL 62702 PTAX-300 back(R-3/03) eliiinv Ifs; Village of c Morton grove Office of the Corporation Counsel Telephone 847/663-3003 Fax 847/965-4162 February 21, 2011 Cook County Board of Review 118 N. Clark Street, Room 601 Chicago, Illinois 60602 Illinois Department of Revenue Office of Local Government Service Exemption Section 3-520 101 W. Jefferson Street Springfield, Illinois 62702 RE: Application by the Village of Morton Grove, Illinois For Non-homestead Property Tax Exemption PIN No: 10-19-203-022-0000; 10-19-203-023-0000; 10-19-203-025-0000 Commonly know as: 6410-6418 Chestnut, Morton Grove, IL 60053 AFFIDAVIT OF USE State of Illinois ) SS County of Cook ) Teresa Hoffman Liston being duly disposed and sworn on oath and states as follows: 1. I am the Corporation Counsel for the Village of Morton Grove, Illinois, and I have investigated the facts surrounding the above referenced application and am knowledgeable of the following information. 2. The Village of Morton Grove is seeking to exempt that property identified as PIN No: 10-19-203-022-0000, 10-19-203-023-0000, and 10-19-203-025,0000. This property has been identified by the Cook County Assessor as 6410-6418 Chestnut, Morton Grove, Illinois and is legally described as follows: THE SOUTH 120 FEET OF LOTS 8. 9, 10 AND 11 IN BLOCK 1 IN MORTON GROVE,BEING A SUBDIVISION OF THE EAST 4.63 CHAINS OF THAT PART OF THE NORTHEAST '/<LYING SOUTH OF GROSS POINT ROAD AND OF THE NORTH 3 ACRES OF THE EAST 10 ACRES OF THE NORTH 'h OF THE SOUTHEAST '/4 OF SECTION 19, AND THAT PART OF THE NORTHWEST 1/4 OF SECTION 20,LYING SOUTH OF GROSS POINT ROAD AND WEST OF THE CHICAGO, MILWAUKEE. AND ST.PAUL RAILROAD. IN TOWNSHIP 41 NORTH, RANGE 13, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove. Illinois 60053-2985 Tel: (847) 965-4100 Fax: (847) 965-4162 Tisir Re,v 3. On or about February 16, 2010, the Village of Morton Grove acquired that property commonly known as 6410-6418 Chestnut, Morton Grove, Illinois. Said property is located in the Village Lehigh/Ferris TIF District. The buildings on the property were demolished. The property has been redeveloped as a municipal parking lot. Further affiant sayeth not. sZ y Teresa flormdn(Aston Corporation Counsel Village of Morton Grove 6101 Capulina Morton Grove, IL 60053 Subscribed and sworn before me this 23/TO day of tJi/F2//AQQ,/-i 20// emu, Atom] �l NOTMYPUBLIC•SSAlEOFWHOM otarYaallic W COMMON DPIPEUMIVI3 My Commission expires:2 b b 20/3 VHAdmin\LegalUteal Estate\6410-6418 Chestnut.Affidavit of Use GOVERNMENTAL EXEMPTION PETITION ;tate of Illinois s.s county of Cook } -O THE COOK COUNTY BOARD OF REVIEW THE UNDERSIGNED AFFIANT HEREBY CERTIFIES THAT PROPERT Y IDENTIFIED ON THE LATEST lc 'l Y- A05-L'2) -coca is,-19 '�`�5 REAL ESTATE TAX BILL BY PERMANENT REAL ESTATE INDEX NUMBER 9 - t�3-cc c.,- -OWNSHIP F:/ 1--Es VOLUME f l ? I/7 (A) 2 FULL S NOW ENTITLED TO (B) !Li PARTIAL EXEMPTION (SEE NOTE A & B BELOW) FROM GENERAL REAL :STATE TAXES: ACCORDING TO 35 ILCS 2001 / 3- THAT SAID PROPERTY IS OWNED AND ISED BY THE PETITIONER EXCLUSIVELY FOR ITS PUBLIC GOVERNMENTAL PURPOSES: HAT SAID PROPERTY WAS ACQUIRED BY THE PETITIONER IN THE FOLLOWING MANNER: 1) BY DEED DATED it--43/ @-1,:r /L- , RECORDED ON /19474(2-'rr- 7 2-0/c AS DOCUMENT NUMBER rsoe /' L t'hi , COPY OF DEED TO BE SUBMITTED 2) BY CONDEMNATION CASE NUMBER FILED ON AND AWARD DEPOSITED ON 3} OTHERWISE THE SOUTH 120 FEET OF LOTS 8, 9, 10 AND 11 N BLOCK 1 IN MORTON GROVE,BEING A SUBDIVISION OF THE EAST 4.63 CHAINS OF THAT PART OF THE AND DESCRIBED AS NORTHEAST '/ LYING SOUTH OF GROSS POINT ROAD AND OF THE NORTH 3 ACRES OF THE EAST 10 ACRES OF THE NORTH %Z OF THE SOUTHEAST 1/4 OF SECTION 19,AND THAT PART OF THE NORTHWEST '/a OF SECTION 20, LYING SOUTH OF GROSS POINT ROAD ANE WEST OF THE CHICAGO,MILWAUKEE,AND ST. PAUL RAILROAD, IN TOWNSHIP 41 NORTH,RANGE 13, EAST OF THE THIRD PRINCIPAL MERIDIAN,IN COOK COUNTY, ILLINOIS. NAME AND ADDRESS OF I OWNER OF REMAINDER OFFICIAL SBAETITION: (/,LL.Ftse BY Subscribed and sworn to before - SUSANUTTIND (OWNaR) hisj°5/N day of MuC61�Me+M67l fRl D AGENT ,`i vc. Ai✓ LIs TC,..) (AFFIANT) 20 // ADDRESS (2.10/ r24L iy //c/L 1C. 6--)20‘26 JL / NOT "PUEUO ( PHONE .• I % y' 7d- 'S )?-o . J NOTE: A. FULL TAKING Where alt of the property covered in the latest real estate tax bill was taken for public government purposes, attach hereto said leoal description. B. PARTIAL TAKING Where only a part of the property covered in the latest real estate tax bill was taken for public governmental purposes, the following must be attached to this petition; 1. A Plot of Survey showing 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 ownership. Ex. 5 TRUSTEE'S DEED This indenture made this 16TH day of — FEBRUARY 2010,COMPANY, a corporation of Illinois,between 1111IIIIIIIII�IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII CHICAGO TITLE LAND TRUST 03 successor trustee to Fifth Third Bank, Doc#: 1006126021 Fee: $40.00 as trustee under the provisions of a deed or deeds in trust, duly recorded Eugene -Gene' Moore RHSP Fee:$10.00 y Cook County Recorder of Deeds 8 and delivered to sad company in Date:03/02/2010 09:16 AM Pg: 1 of 3 pursuance of a trust agreement dated _ the 11TH day of JANUARY 1990 and known as Trust Number 535 party of athe first part, and VILLAGE OF MORTON GROVE, A MUNICIPAL CORPORATION-- -- -- - - —WHOSE ADDRESS IS: 6101 CAPULINA AVE., MORTON GROVE, IL. 60053, party of the second part. Reserved for Recorder's Office WITNESSETH,That said party of the first part, in consideration of the sum of TEN and no/100 DOLLARS ($10.00)AND OTHER GOOD AND VALUABLE considerations in hand paid, does hereby CONVEY AND QUITCLAIM unto said party of the second part,the following described real estate, situated in COOK County, Illinois,to wit:------------------------- — -- — — — ---THE SOUTH 120 FEET OF LOTS 8, 9, 10 AND 11 IN BLOCK 1 IN MORTON GROVE, BEING A SUBDIVISION OF THE EAST 4.63 CHAINS OF THAT PART OF THE NORTHEAST 1/4 LYING SOUTH OF GROSS POINT ROAD AND OF THE NORTH 3 ACRES OF THE EAST 10 ACRES OF THE NORTH 1/2 OF THE SOUTHEAST 1/4 OF SECTION 19, AND THAT PART OF THE NORTHWEST 1/4 OF SECTION 20, LYING SOUTH OF GROSS POINT ROAD AND WEST OF THE CHICAGO, MILWAUKEE, AND ST. PAUL RAILROAD, IN TOWNSHIP 41 NORTH, RANGE 13, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. PROPERTY ADDRESS: 6410-18 CHESTNUT, MORTON GROVE, IL. 60053 PERMANENT TAX NUMBER: 10-19-203-022-0000; 10-19-203-023-0000; 10-19-203-025-0000 together with the tenements and appurtenances thereunto belonging. TO HAVE AND TO HOLD the same unto said party of the second part, and to the proper use, benefit and behoof forever of said party of the second part. This deed is executed pursuant to and in the exercise of the power and authority granted to and vested in said trustee by the terms of said deed or deeds in trust delivered to said trustee in pursuance of the trust agreement above mentioned. This deed is made subject to the lien of every trust deed or mortgage (if any there be) of record in said county given to secure the payment of money, and remaining unreleased at the date of the delivery hereof. IN WITNESS WHEREOF, said party of the first part has caused its corporate seal to be hereto affixed, and has caused its name to be signed to these presents by its Trust Officer the day and year first above written. CHICAGO TITLE LAND TRUST COMPANY, - as Trustee as Aforesaid By: (. 1--) Trust Officer / EXEMPT-PURSUANiTO SECTION 1-11-5 VILLAGE OF MORTON GROVE REAL ESTATE TRANSFER S3 MP/ EXEMPTION NO 07083 DATE l / / /0 ADDR mfls't. - 1<1�1�If�Qr I) BY ;yoio,�cplF:EaEHh Fa E__�; State of Illinois County of Cook SS. I, the undersigned, a Notary Public in and for the County and State aforesaid, do hereby certify that the above named Trust Officer of CHICAGO TITLE LAND TRUST COMPANY, personally known to me to be the same person whose name is subscribed to the foregoing instrument as such Trust Officer appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument as his/her own free and voluntary act and as the free and voluntary act of the Company; and the said Trust Officer then and there caused the corporate seal of said Company to be affixed to said instrument as his/her own free and voluntary act and as the free and voluntary act of the Company. 4 Given under my hand and Notarial Seal this 16TH day of FEBRUARY 204047 /^ NOT Y PU IC This instrument was prepared by: ry M�q tiot4 CHICAGO COMPANY Co P,01/„ s V1 1 NORTH CLARK STREET#575 q e+a F of Chicago, IL 60601 ,ey°S,4C ,05 a AFTER RECORDING, PLEASE MAIL TO: NAME Y tt-A-CE F Hon mil.% 62 0vtY ADDRESS 62/0 ( L°. VC (AlA- CITY, STATE, ZIP-CODE tf".f' TO �v /J e_ ° OR BOX NO. SEND TAX BILLS TO: NAME ADDRESS CITY, STATE, ZIP-CODE STATE OF ILLINOIS an 1:O0KC01UNTY m REAL ESTATE . REAL ESTATE TRANSACTION TAX o TRANSFER TAX # w 13.10 -�_ F®.23.10 • • 5000 { c 0052500 =.�s•O' o REAL ESTATE T RAW:FEB TAX ak o ak DEPIIRTYEKT OF REVENUE FP326652 U REVENUE STAMP FP326665 • PLAT ACT AFFIDAVIT STATE OF ILLINOIS ) COUNTY OF C O O K SS GUY F. BATTISTA, being duly sworn on oath, states that his address is 7401 N. St. Louis, Skokie, Illinois 60076. That the attached deed is not in violation of Chapter 765 Illinois Compiled Statutes 205/1 for one of the following reasons: The sale or exchange is of an entire tract of land not being a part of a larger tract of land. 2 The division or subdivision of land is into parcels or tracts of five (5) acres or more in size which does not involve any new streets or easements of access. 3. The division is of lots or blocks of less than one (1) acre in any recorded subdivision which does not involve any new streets or easements of access. 4. The sale or exchange of parcels of land is between owners of adjoining and contiguous land. 5. The conveyance is of parcels of land or interests therein for use as right-of-way for railroads or other public utility facilities, which does not involve any new streets or easements of access. 6. The conveyance is of land owned by a railroad or other public utility which does not involve any new streets or easements of access. 7. The conveyance is of land for highway or other public purposes or grants or conveyances relating to the dedication of land for public use or instruments relating to the vacation of land impressed with a public use. 8. The conveyance is made to correct descriptions in prior conveyances. 9. The sale or exchange is of parcels or tracts of land following the division into no more than two (2) parts of a particular parcel or tract of land existing on July 17, 1959, and not involving any new streets or easements of access. CIRCLE NUMBER ABOVE WHICH IS APPLICABLE TO ATTACHED DEED. AFFIANT further states that he makes this affidavit for the purpose of inducing the Recorder of Deeds of Cook County, Illinois, to accept the attached deed for recording. Affiant Subscribed and Sworn to before m- this °OFFICIAL SEAL" • day ofF- �„_ ' , 2010 Jay A Slutzky .�y� • _ `Notary Public,State of Illinois �J ,My Commission Exp.08/18/2010; ot. Public I This instrument prepared by :y A. Slutzky, 7749 N. Milwaukee, Niles, IL 60714 PAY ONLY THIS AMOUNT 2009 First Installment Property Tax Bill r 1 71 31 •84 Property Index Number(PIN) Volume Code Tax Year (Payable In) Township BY 03/02/10 (on time) 10-19-203-022-0000 117 24062 2009 (2010) NILES IF PAID LATE 03/03/0 - 04/01/10 IF PAID LATE 04/02/10 05/01/10 IF PAID LATE 05/0210 - 06/0110 t 1 $ 1 ,189.42 $ 1 , 207.00 $ 1 , 224. 58 `TAX CALCULATOR LATE PENALTY I PAY THIS BILL AT COOKCOUNTYTREASURER.COM OR AT ANY CHICAGOLANO CHASE BANK. IS 1.51/0 PER MONTH, 2008 TOTAL TAX. m BY STATE LAW. I `m Property location and classification for this PIN 2009 ESTIMATE 2,130.62 c A 6420 CHESTNUT ST MORTON GROVE IL 60053 Property Classificason 5-90 X 55% C 2009 1ST INSTALLMENT -DEAR -:'- FELLOW TAXPAYER, m Tfiis-200WFisC n tallment-Property Iax--Eklis-dueby e daw.March 2, 2010. Pleaseoote that - -1-.1 71 .84 A thel±linois_Legislature passed a law-ordering that the first installment tax bill be calculated at 55% 0 of last year's total property tax obligation. Previous first installment tax bills were calculated at 50°Jo. Payments can be made: - Oriimne atcookcountytreasurercom Cook County Treasurer D At more than 370 Chase-Bank locations across Chicagoland Z . At 220'participafing Community Banks.-list available at cookcountytreasurer.con, cookcountytreasurer.com m 01rou-have a°Drooerty tax_refund? 312.443.5100 10 its easyxo see inhere is a refund available.Have your 14-digit property index number (PIN) -< availableahen "- - Q Viisttoolccor 1tytreasurercom - C :Calf our 24-hour automated phone system at 312.443.5100 information available in ''X r -English,Spanish and Pelisti m -.PIaase takeadvantage of these quick easyIO:iiie refund searches- It may be worth your while! n `SarTeerely _ Z t. 0 aria Pappas Cook County-Treasurer, iO°# E -2008-tazes due in 2009} an' this PIN are delinquent tutact us at cookc©untytreasturer.corn or call 312.443.5100.' GUY BATTISTA 9421 N SHERMER MORTON GROVE IL 60053-1141 IF YOUR-TAXES ARE PAID BY MORTGAGE ESCROW,BE SURE NOT TO'DOUBLE.PAY. - PAYMENT COUPON nsT' Property Index Number(PIN) Volume See the reverse side of this bill for detailed payment instructions m m 1 ,171 .84 Please include only one check and one original payment coupon 10 19 203 022-0000 1 17 D BY 03/02/10 (on time) per envelope Use of this coupon authorizes Treasurer's Office n to reduce check amount to prevent overpayment. Amount Paid - _ BY paying 3/ 2later, refer to amounts above p - a Include name PIN,address,location,phone and 'Z Name/Mailing Address change?Check box and complete form on back to update your name andior mailing address. e-mail en diced:. heck payable to Cook County Treasure I- r C 00001171847 101920302200009 00918 00001189427 00001207006 00001224587 m 1I11I1I1II1II1111MIIINIBIRRIIII z 20 010192030220000 0 09 0 85462 COOK COUNTY TREASURER D GUY BATTISTA PO BOX 4468 -C OR CURRENT OWNER CAROL STREAM IL 60197-4468 ..._ 9421 N SHERMER 1 11 11 111 i l l ( 1 1 1 11 1 1 11 ' 1 "' -m.. 1 n 1nn11n1ur .11. 1. .11. 1.11 z7.::- MORTON GROVE IL 60053-1141 - _- 1,111 111111111 1.11111.1 11u111611l111.11.1111.1.1n4I11111.1 101929 RO 22Tl of n/fl/fA/F/ff 11T71.1.71.A4 /1. PAY ONLY THIS AMOUNT 2009 First Installment Property Tax Bill 11718 x • L4 T Property index Number(PIN) Volume Code Tax Year (Payable In) Township BY03/02/10(antime) 10-19-203-023-0000 117 24062 2009 (2010) NILES IF PAID LATE 03103/10 04/01/10 IF PAID LATE 04/02/10 05/0110 IF PAID LATE 05/0210 - 06/0110 C $ 1 , 189 :42 $ 1 ,207 . 00 $ 1 , 224. 58 TAX CALCULATOR -- LATE PENALTY ■PAY THIS BILL AT COOKCOUNTYTREASURER.COM OR AT ANY CHICAGOLAND CHASE BANK. IS 1.9 b PER MONTH, ( �. 6v STATE LAW. i 2008 TOTAL TAX T* 1 MI Property location and classification for.hxs P1N � -WAg -_- 2009 2,130..62 C �. =: . ...' 6401 LINCOLN AVE MORTON GROVE IL 60053 Property Classification 5-90 X ESTIMATE 55% .0 2009 1ST INSTALLMENT rn DEAR FELLOW TAXPAYER, m This2009 First-Installment-Property Tax Bdiis due byTuesdav, March 2, 2010. Please note that - 1,171 A the maids-Legislature passed a law ordering that the firstiinstallment tax bill be calculated at 55% of last year's:total property tax obligation. Previous first installment tax bills were calculated at 50%. _ Payments can be made: Onlineetconircountytreasurercom Cook County Treasurer 7 At marl than 37O-Ohase Bank locations across Ctticagoland ,z '. -At 220 participating Community Banks-list available at cookcountytreasurer.com cookcountytreasurer.com 0 .' -D°o you bave-a erooerty#ax refund? 312.443.5100 ' its pasyto see if there is arefundavailable.Have your 14-digit property index number (PIN) avalable their C ' Visftconkconnfytreasu er.co m z Cali our'24 hour.automated phone system at 312443.5100- information available in j::_ EngtrshjSpanistlanclPolish rn Please taka-advantage o#-theselcjuick, easy-to=use refund searches.It may be worth your while! n .' sithey 0- z ` , " Cn Maria-Pappas Cook County Treasurer tice 2008 taxes.{dtie in 2009) on this PIN are delinquent. =Contact its at-cook oUntytreasurer.com or call 312.443.5100. GUY BATT I STA 9421 N SHERMER MORTON GRV IL 60053-1141 IF YOUR TAXES ARE PAID BY MORTGAGE£ -y.e. - is. `FO.;DOUBLE PAl IMPORTANT Records indicate taxes for:prior years may he due. NOTICE -contact t-eCaokCounty Clerk. Call 312:603.5656. PAYMENT COUPON Property Index Number(PIN) Volume O p See the reverse side of this bill for detailed payment instructions. m 1 ,171 .84 Please include only one check and one original payment coupon 1 0-1 9-203-023-0000 117 Y BY 03/0210 (on time) per envelope Use of this coupon authorizes Treasurers Office ("� to reduce check amount to prevent overpayment. Amount Paid = If paying later, refer to amounts above. p rp Sir i. Include name PIN.address.location,phone an ,..r. Z Name/Mailing Address change?Check box and complete corm on back to update vou-name an 'o-mail.g address, e-mail on check payable to Cook Counn-Treasurer la? r C 00001171847 101920302309001 00918 00001189427 00001207006 00001224587 pI �pgp �p Iq� plptl m p� I IIIh�IIfII1111III11111 tlI�IIIIDIII�IIIIIIICft III1CII9i1 _ 20 010192030230000 0 09 0 85463 COOK COUNTY TREASURER D GUY BATTISTA PO 60X 4468 �,.:, OR CURRENT OWNER CAROL STREAM IL 60197-4468 3 7n 9421 N SHERMER loll II Ix II Il III.l n.I.l I.I Ix II I I ' MORTON GRV IL 60053-1141 . ; till..Il.x.ll.x..I.Iu.II....II,iiII.InIwllul.Iuxll.11.I 10192030230000/O/09/E/00001171A4/1 PAY ONLY THIS AMOUNT 2009 First Installment Property Tax Bill 25,4 ■ ■7 rr81 1 Property Index Number(PIN) Volume Code Tax Year (Payable In) Township BY 03/02/10 (on time) , 10-19-203-025-0000 117 24062 2009 (2010) NILES IF PAID LATE 03/0310 04/01/10 IF PAID LATE 04/02/10 - 05/0110 IF PAID LATE 05/02/10 - 06/01/10 r N $ 25 , 859.98 $ 26,242 . 15 $ 26 , 624. 32 TAX CALCULATOR LATE PENALTY j.. PAY THIS BILL AT COOKCOUNTYTREASURER.GUM OR AT ANY CHICAGOLAND CHASE BANK. 151.56o PER MONTH, j BY STATE LAW. 2008 TOTAL TAX T m :: Property location and classification' _ ' 46,323 29 c .� . .<' 2009 ESTIMATE 6410 CHESTNUT ST MORTON GROVE l L 60053 Property Classification 5-93 X 5596 "CO 2009 1ST INSTALLMENT DEAR FELLOW TAXPAYER, MI ---Thfs2009-First Installment-Property Tax Bill-is due by Tuesday, March 2, 2010. Please note that - 25;477.81 - - iheillinois Legislature passed a Jaw:ordering that the first installment tax bill be calculated at 55% 0 oT last year's total property tax obligation. Previous first installment tax bills were calculated at 50%. - X Payments can be made: " ;Online at.cookcountytreasurer.com Cook County Treasurer ". Atmore than 370 Ctt se Bank locations across Chicagoland 2._ ii; At220 participating community Banks- list available at cookcountytreasurer.com cookcountytreasurer.com -n `DO Nov have_a property tax refund? 312.443.5100 A 77- it s easy to see 1U_there is a refund available.Have your 14-digit property index number(PIN) 0 available,thee: - Visittrookcountytreasurer.com Mi - Calf"otu24-houraut©mated phone system at 312.443.5100- information available in :Englishr$panishand.P.ofish 77 Please take advanta a ofA01e a rn g .quidk, easy-to-use refund searches. It may be worth your while! n iflcorely, - x _ - ° BAana,Pappas Gook County Treasurer N;C E: 2008-`taxes4 a in 2009),on this PIN are delinquent " Contact us at-coo countytreasturer.com or call 312.443.5100. GUY BATTI STA 9421 N SHERMER MORTON GROVE IL 60053-1141 IF YOUR TAXES ARE PAID BYMU f-` W tI . £ Le.7.JO DOUBLE PAY. PAYMENT COUPON T1ST Property Index Number(PIN) Volume $ See the reverse side of this bill for detailed payment instructions. Tr1 4YC+ 25 t 477�81 Please include only one check and one original payment coupon 10-19-203-025-0000 1 17 D BY 03/02/10 (on time) per envelope Use of this coupon authorizes Treasurer's Office (") to reduce check amount to prevent overpayment. Amount Paid BY If paying later, refer m )o amounts shove pr Re include name.PIN,address location,phone and Z Name/Mailing Address change?Check box and complete Coon on back to paave_ u.-.apme a.dry. n 2,linp .ddress e-mail on check payable to Cook County Treasurer n r C 017025477818 101920302500007 00918 00025859986 00026242156 00026624329 � > hMI11 l{lilI EIHRUF R11111111111II 20 010192030250000 „090 85464 COOK COUNTY TREASURER 'gyp GUY BATTISTA PO BOX 4468 OR CURRENT OWNER CAROL STREAM IL 60197-4468 9421 N SHERMER 11111111 11111111.111111.11111111'1111111111111111111111111 '-m .z MORTON GROVE IL 60053-1141 -_,—I.., 1,111111111 11nuiliiii 11m,11u,1tr1,a1nlliiilal,,,i1,11a,1 10192030250000/0/09/E/OnnPc477A1i1, , I rT c S I ((t !g"'?Yir' I Y Y _� ! F 3 _ z i . # a•. f gt 4 . Yc yy 1 Y 1'ff� 4 ' - --.. S._' !i . .Y S: ri —' L .s . 1 y l S a: • • i _ . . 4 a. ,1 3 Vin. t xIC F �i 2 •J . 01 ,x ✓ .. —x4" I ,I/ k I ,i ir--- �a_ ,w . 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Y Vii;^ _7 _ _g - 0, ,_ n 2 -i T_ TRUSTEE'S DEED This indenture made this 16TH day of - FEBRUARY 2010, between CHICAGO COMPANY, TITLE LAND TRUST Illinois,ois IIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIII oo successor trustee to Fifth Third Bank, Q as trustee under the provisions of a Doc#:Doc#: 1006126021 Fee: $40.00'Gene' Moore RHSP F e:$1 .00 deed or deeds in trust, duly recorded Cook County Recorder of Deeds 8 and delivered to said company in Date: 03/02/2010 09:16 AM Pg: 1 of 3 pursuance of a trust agreement dated _ the 11TH day of JANUARY 1990 and known as Trust Number 535 party of athe first part, and VILLAGE OF MORTON GROVE, A MUNICIPAL CORPORATION --- -WHOSE ADDRESS IS: 6101 CAPULINA AVE., MORTON GROVE, IL. 60053, party of the second part. Reserved for Recorder's Office WITNESSETH,That said party of the first part, in consideration of the sum of TEN and no/100 DOLLARS($10.00)AND OTHER GOOD AND VALUABLE considerations in hand paid, does hereby CONVEY AND QUITCLAIM unto said party of the second part, the following described real estate, situated in COOK County, Illinois,to wit:- — --- -- - --- - --- -- ------- ---- --- -THE SOUTH 120 FEET OF LOTS 8, 9, 10 AND 11 IN BLOCK 1 IN MORTON GROVE, BEING A SUBDIVISION OF THE EAST 4.63 CHAINS OF THAT PART OF THE NORTHEAST 1/4 LYING SOUTH OF GROSS POINT ROAD AND OF THE NORTH 3 ACRES OF THE EAST 10 ACRES OF THE NORTH 1/2 OF THE SOUTHEAST 1/4 OF SECTION 19, AND THAT PART OF THE NORTHWEST 1/4 OF SECTION 20, LYING SOUTH OF GROSS POINT ROAD AND WEST OF THE CHICAGO, MILWAUKEE, AND ST. PAUL RAILROAD, IN TOWNSHIP 41 NORTH, RANGE 13, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. PROPERTY ADDRESS: 6410-18 CHESTNUT, MORTON GROVE, IL.60053 PERMANENT TAX NUMBER: 10-19-203-022-0000; 10-19-203-023-0000; 10-19-203-025-0000 together with the tenements and appurtenances thereunto belonging. TO HAVE AND TO HOLD the same unto said party of the second part, and to the proper use, benefit and behoof forever of said party of the second part. This deed is executed pursuant to and in the exercise of the power and authority granted to and vested in said trustee by the terms of said deed or deeds in trust delivered to said trustee in pursuance of the trust agreement above mentioned. This deed is made subject to the lien of every trust deed or mortgage (if any there be) of record in said county given to secure the payment of money, and remaining unreleased at the date of the delivery hereof. IN WITNESS WHEREOF, said party of the first part has caused its corporate seal to be hereto affixed, and has caused its name Wipe signed to these presents by its Trust Officer the day and year first above written. CHICAGO TITLE LAND TRUST COMPANY, - as Trustee as Aforesaid By: (a 2-4 Trust Offyc r I - EXEY?T-PURSUANTTO SECTION 101-5 VILLAGE OF NORTON GROVE REAL ESTATE TRANSFER S- 1.1E 07083 bl-/1-r0 • - / sarsc; v Skaigyj State of Illinois County of Cook SS. I, the undersigned, a Notary Public in and for the County and State aforesaid, do hereby certify that the above named Trust Officer of CHICAGO TITLE LAND TRUST COMPANY, personally known to me to be the same person whose name is subscribed to the foregoing instrument as such Trust Officer appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument as his/her own free and voluntary act and as the free and voluntary act of the Company; and the said Trust Officer then and there caused the corporate seal of said Company to be affixed to said instrument as his/her own free and voluntary act and as the free and voluntary act of the Company. 1 Given under my hand and Notarial Seal this 16Th day of FEBRUARY 2010/7 /4 NOT Y PU IC This instrument was prepared by: Mc>q,),Mid°Fick CHICAGO TITLE LAND TRUST COMPANY 'eke°n ost" PiPsEet 171 NORTH Chicago, IL 60601 RK STREET 1575 Sb?f+°'°so& o'r's AFTER RECORDING, PLEASE MAIL TO: NAME L-� , 'E KJ/ � ) i vec ADDRESS (o/O ( � �VC (NA- CITY, STATE, ZIP-CODE tt`),CrOti (C o OR BOX NO. SEND TAX BILLS TO: NAME ADDRESS CITY, STATE, ZIP-CODE STATE OF ILLINOIS ,,, COOKCOUtTTY o+ REAL ESTATE N REAL ESTATE TRAJISACTION TAX r TRANSFER TAX - 1310 ° FfB.13.10 0052500 a \ ' r 5 00 0 et) c REAL OF FP326652 U REVENUE STAMP FP326665 DEPARTMENT ESTATE OF TRANSFER PLAT ACT AFFIDAVIT STATE OF ILLINOIS ) SS COUNTY OF COOK ) GUY F. BATTISTA, being duly sworn on oath, states that his address is 7401 N. St. Louis, Skokie, Illinois 60076. That the attached deed is not in violation of Chapter 765 Illinois Compiled Statutes 205/1 for one of the following reasons: 0 The sale or exchange is of an entire tract of land not being a part of a larger tract of land. 2 The division or subdivision of land is into parcels or tracts of five (5) acres or more in size which does not involve any new streets or easements of access. 3. The division is of lots or blocks of less than one (1) acre in any recorded subdivision which does not involve any new streets or easements of access. 4. The sale or exchange of parcels of land is between owners of adjoining and contiguous land. 5. The conveyance is of parcels of land or interests therein for use as right-of-way for railroads or other public utility facilities, which does not involve any new streets or easements of access. 6. The conveyance is of land owned by a railroad or other public utility which does not involve any new streets or easements of access. 7. The conveyance is of land for highway or other public purposes or grants or conveyances relating to the dedication of land for public use or instruments relating to the vacation of land impressed with a public use. 8. The conveyance is made to correct descriptions in prior conveyances. 9. The sale or exchange is of parcels or tracts of land following the division into no more than two (2) parts of a particular parcel or tract of land existing on July 17, 1959, and not involving any new streets or easements of access. CIRCLE NUMBER ABOVE WHICH IS APPLICABLE TO ATTACHED DEED. AFFIANT further states that he makes this affidavit for the purpose of inducing the Recorder of Deeds of Cook County, Illinois, to accept the attached deed for recording. --- Affiant Subscribed and Sworn to before m- this "OFFICdAL SEAL" day ofF- , 2010 Jay A.Slutzky Notary Public,State of Illinois•/-0 . My Commission Exp.08/282010 y Public i This instrument prepared by :y A. Slutzky, 7749 N. Milwaukee, Niles, IL 60714 :: Cook County Treasurer's Office - Chicago, Illinois :: Page 1 of 1 C 04� o co c S dl yC� OFFICE OF THE COOK COUNTY TREASURER Maria Pappas CHANGE OF NAME AND ADDRESS ON COOK COUNTY REAL ESTATE TAX BILLS MAIL-IN WEB APPLICATION Date: 2/21/2011 Ref Number: 755184 Property Index Number(PIN): 10-19-203-022-0000 Volume: 117 OLD -Name&Mailing Address: NEW-Name& Mailing Address: Name: GUY BATTISTA Name: Village of Morton Grov Address: 9421 N SHERMER Address: 6101 Capulina MORTON GROVE, IL 60053-1141 Morton Grove, IL 60053 Property 6410-6418 Chestnut, Morton Grove, IL Location: Daytime (847)663-3004 Phone: Upon oath,and urger penalties f perjury as provided by law,I hereby affirm,represent,warrant and certify to the Office of the-cook CounwTreasurei that' the legal,beneficial or equitable owner,trustee or agent for the owner or trustee for the a6bpove as traded real pr ,and that I possess the actual legal,equitable or actual authority to execute this instrument. l f i (`G/:e Stl 4 ) L./ CTe,iJ (Sig ture of appftcar}1) (Printed name of applicant) S.S.: State of / L /tyre- /3 County of 0—i.C K I,a notary public, in and for the state an coun aforesaid,do hereby certify that Te'rr°}tcr I-oci–it-CCL✓J L-( 5+0vt personally known to me to be the same person who executed the foregoing Application for Change of Name or Address of Cook County Real Estate Tax Bill,appeared before me this day in person,and executed the foregoing document,under oath,as his/her free and voluntary act for the uses and purposes therein set forth. V�' c- _ �/ CZ /1 L12ok I. coal OI/2o_1 Notary Pub''✓ Date My Commission Expires OFFICIAL SEAL MAIL ALL APPLICATIONS TO: G VASILOPOULOS Cook County Treasurer Nl GEORGIA ILAIA LPOUL S ' Name and Address Change Department MY COMMISSION EXPIRES:0305/t1 118 N. Clark Street-Room 112 Chicago, IL 60602 http://www.cookcountytreasurer.com/NameChangeForm.aspx 2/21/2011 :: Cook County Treasurer's Office - Chicago, Illinois :: Page 1 of 1 [44; 6y OFFICE OF THE COOK COUNTY TREASURER Maria Pappas CHANGE OF NAME AND ADDRESS ON COOK COUNTY REAL ESTATE TAX BILLS MAIL-IN WEB APPLICATION Date: 2/21/2011 Ref Number: 755185 Property Index Number(PIN): 10-19-203-023-0000 Volume: 117 OLD-Name&Mailing Address: NEW-Name&Mailing Address: Name: GUY BATTISTA Name: Village of Morton Grov Address: 9421 N SHERMER Address: 6101 Capulina MORTON GRV,IL 60053-1141 Morton Grove,IL 60053 Property 6410-6418 Chestnut, Morton Grove, IL Location: Daytime (847)663-3004 Phone: Upon oath,and underipenalt s of perjury as provided by law,I hereby affirm,represent,warrant and certify to.the Office of the Co k County Tr sur r at I am the legal,beneficial or equitable owner,trustee or agent for the owner or trustee for the above eal p ,and that I possess the actual legal,equitable or actual authority to execute this instrument. -re Al Esti tilf(lineieu /TA) (Signature of applicant) (Punted name of applicant) S. S.: State of L /iv,'IS County of C-of k Ira notary public,in ang for the stab?and county aforesaid,do hereby certify that ( err SG } VF rt& t '� S+0 N personally known to me to be the same person who executed the foregoing Application for Change of Name or Address of Cook County Real Estate Tax Bill,appeared before me this day in person,and executed the foregoing document,under oath,as his/her free and voluntary act for the uses and purposes therein set forth. l 1/ _ lc�. O l D-4 4 201 I Dal o,1/2011 Notary Pu. ' Date My Commission Expires OFFICIAL SEAL MAIL ALL APPLICATIONS TO: GEORGIA VASILOPOULOS Cook County Treasurer N fARIUC3STARA ti6t:HE`: Name and Address Change Department MY COMMISSION EXPIRES:03/05/tt 118 N. Clark Street-Room 112 Chicago, IL 60602 http://www.cookcountytreasurer.com/NameChangeForm.aspx 2/21/2011 :: Cook County Treasurer's Office - Chicago, Illinois :: Page 1 of 1 • .. . .. _ -..,„;: - OFFICE OF THE COOK COUNTY TREASURER Maria Pappas CHANGE OF NAME AND ADDRESS ON COOK COUNTY REAL ESTATE TAX BILLS MAIL-IN WEB APPLICATION Date: 2/22/2011 Ref Number: 755411 Property Index Number(PIN): 10-19-203-025-0000 Volume: 117 OLD -Name&Mailing Address: NEW-Name&Mailing Address: Name: GUY BATTISTA Name: Village of Morton Grov Address: 9421 N SHERMER Address: 6101 Capulina MORTON GROVE, IL 60053-1141 Morton Grove, IL 60053 Property 6410-6418 Chestnut, Morton Grove, IL Location: Daytime (847)663 -3004 Phone: •on oath,and under penalties of perjury as provided by law,I hereby affirm,represent,warrant and certify to the Office of tit- ook Countyrrreas rer that I am the legal,beneficial or equitable owner,trustee or agent for the owner or trustee for the -•or -pti••-d re / perty,and that I possess the actual legal,equitable or actual authority to execute this instrument. (SignSture of/pplicant) (Printed name of applicant) S. S.: State of 7:1-1.-L. IN G(,S County of (A C I,a notary public, in and fpr he state and county afpresaid,do hereby certify that tr re 5 c< ma t-ro'- o..-i C-1 f*0-'t personally known to me to be the same person who executed the foregoing Application for Change of Name or Address of Cook County Real Estate Tax Bill,appeared before me this day in person,and executed the foregoing document,under oath,as his/her free and voluntary act for the uses and purposes therein set forth. Notary y P ad"--72/42------------il D 2a Z?/201 l /�S/201-( Notary P Date My Commission Expires OFFICIAL SEAL MAIL ALL APPLICATIONS TO: GEORGIA VASILOPOULOS Cook County Treasurer N p 11C 3AV�� INdIIE*.- Name and Address Change Department MY COMMISSION EXPIRES63/05/H 118 N. Clark Street-Room 112 Chicago, IL 60602 http://www.cookcountytreasurer.com/NameChangeForm.aspx 2/22/2011 Cook County Treasurer's Office I Property Tax & Payment Information Page 1 of 1 Px;e1 mac' Office of Cook County Treasurer - Maria Pappas d C6 Click icon to Cook County Property Tax 8 Payment Information send Printed copies of this information may not be used as a tax bill. page to +f,e,we'`' Payments must be submitted with original tax bill. printer Property Index Number(PIN): 10-19-203-025-0000 2010 Tax Year Information -Payable in 2011 Tax Year: 2010 Tax Type: Current Tax Volume: 117 PCL: 1-00 Property Location 6410 CHESTNUT ST MORTON GROVE, IL 60053-2601 Mailing Information GUY BATTISTA 9421 N SHERMER MORTON GROVE,IL 60053-1141 Exemption Information Exemptions do not become effective until the second installment. Tax Payment Information Installment Tax Amount Billed Tax Due Date Last Payment Date Received Received 1st $30,030.06 04/01/2011 $0.00 Balance Due: $30,030.06 The balance due,including any penalty,is as of: 221:2071 Payments processed are posted through: 2182011 2009 Tax Year Information -Payable in 2010 Tax Year. 2009 Tax Type: Current Tax Volume: 117 PCL: 5-93 Property Location 6410 CHESTNUT ST MORTON GROVE,IL 60053-2601 Mailing Information GUY BATTISTA 9421 N SHERMER MORTON GROVE,IL 60053-1141 Exemption Information Homeowner Exemption Received: NO Senior Citizen Exemption Received: NO Senior Freeze Exemption Received: NO Tax Payment Information Installment Tax Amount Billed Tax Due Date Last Payment Date Received Received 1st $25,477.81 03/02/2010 $25,477.81 03/02/10 2nd $29,122.30 12/13/2010 $29,122.30 12/15/10 Balance Due: $0.00 The balance due,including any penalty.is as of: 2212011 Payments processed are posted through: 2'182011 Printed copies of this information may not be used as a tax bill. Payments must be submitted with original tax bill. http://www.cookcountytreasurer.com/paymentprintout.aspx?type—prior&pin=10192030250000 2/21/2011 rrope1I Index Number: 10-19-203-025-0000 CITY: 6410 Chestnut St Morton Grove ,fir �3/ �� t»L3 s , / 007 tc p 05/2123025000101920 Cook County Assessor's Office Page 1 of 1 Cook County Assessor's Office Joseph Berrios 6410 Chestnut St PIN 10-19-203-025-0000 Property Appeals Exemptions Certificate Of Error Property Details City Morton Grove Township {�\ Here Click N re to Niles NBHD. • Jew Image Image 32 Taxcode 24062 Class 1-00 0. vIEW LARGER IMAGE Assessed Valuation 2010 2009 Assessor Certified Board of Review Assessment Certified Land Assessed Value 25,200 38,250 Total Assessed Value 25,200 223,899 Property Characteristics Description Vacant Land Estimated Building Sq. Ft 7,700 Estimated Building Units N/A Land Square Footage 18,000 http://www.cookcountyassessor.com/Property_Search/Property_Details.aspx?Pin=10192030250000 2/22/2011 •',vcrrycodexNumber: 10-19-203-023-6401 Lincoln Ave CITY. Morton Grove 'er ® P t " 10192030230000 05/21/2007 a Cook County Assessor's Office Page 1 of 1 Cook County Assessor's Office iFts Joseph Berrios 6401 Lincoln Ave PIN 10-19-203-023-0000 Property Appeals Exemptions Certificate Of Error Property Details City Morton Grove Township Click Here t-o Nil es NBHD. D. 32 View Image Taxcode 24062 Class 5-90 a3/4 VIEW LARGER IMAGE Assessed Valuation 2010 2009 Assessor Certified Board of Review Assessment Certified Land Assessed Value 6,375 6,375 Building Assessed Value 400 400 Total Assessed Value 6,775 6,775 Property Characteristics Description Commercial minor improvements Age: 19 Land Square Footage 3,000 http://www.cookcountyassessor.com/Property_Search/Property_Details.aspx?Pin=10192030230000 2/22/2011 vs � 'r m M.a 192 °3 030220000 051211/2007 ' LOOK uountyAssessor's Office Page 1 of 1 Cook County Assessor's Office Joseph Berrios 6420 Chestnut St PIN 10-19-203-022-0000 Property Appeals Exemptions Certificate Of Error Property Details City Morton Grove Click Here o N ownship View Image NBND. 32 Taxcode 24062 Class q VIEW LARGER!WOE 5-90 Assessed Valuation 2010 2009 Assessor Certified Board of Review Land Assessed Value Assessment Certified Building Assessed Value 6,375 6,375 400 400 Total Assessed Value 6,775 6,775 Property Characteristics Description Commercial minor improvements Age: 19 Land Square Footage 3,000 cParchPtoFe Details.aspx?Pin=10192030220000 2 2212011 Fax Call Report HP Color LaserJet CM3530 MFP Series Page 1 Fax Header Information Village of Morton Grove 847-965-4162 2011-Feb-15 03:49 PM Job Date/Time Type Identification Duration Pgs Result 2886 2011-Feb-15 03:48 PM Send 918479677984 0:41 2 Success 02/11/11 11;81 FAX 847 987 7984 LAW OFFICES ill 0o1 • • JAYA. SLf17ZSY Attorney at Law nWAVeffi AF96M3 ES,IL 60714434 .- 96x7979 PAZ IL 967-7984 Salk joyslidzizetheato° Mil2911 - �_•� - 14,2010 By Facsimile 847-965-4161 Teresa Hoffman Liston Corporation Counsel Village of Morton Grove 6101 Capolioa Ave. Morton Grove,IL 60053 Tem %nista sale to Village of tin Greve 6410 Chest tot,Marten Grove,IL Dear Terry: When we closed the abwoapGmed sale on Fehroary 19,2010,the parties emceed into a tax repromuon agreement(copy enclosed)pending the release of the 2009 second instalment real estate tax hills. The actual second instalment 2009 tax bills are as follows: Parcel 023- $4E0.28, Parcel 022- $480.7$, Parcel 025-$29,122.30; the soar of these three tax bops is $30,082.86, The credit given to buyer at clueing for the 2009 second installment real estate tax bill was$22,762.94. The difference of$7,319.92 is doe to the buyer from the escrow I am holding. The actual 2009 tux bill for all three pares both installments totals$57,903.63. The credit for 2010 tax from January 1 to February 19,2010,ahonld have been$7,932.00 based on the actual bill. The credit given was$6,929.37,leaving$1,002.63 due to the buyer. ACebtdmglY.It ismy etonticnto pay tothel/Wage alliance Grove the sum of$8,322.55 from the escrow and refnmi me balance of$6,523.45 to my them. Please review these figures, 02/11/11 11:51 FAX 847 987 7984 LAW OFFICES J001 JAY A. SLUTZKY Attorney at Law . .__ AJILWAVISE AVSAIOB, NIBS IL 80714-4713 967-7979 PA1(847)967-7984 B ma&fayduMj®yahon.eaoe fcB1tZOIt es( ecember 14, 2010 By Facsimile 847-9654162 Teresa Hoffman Liston Corporation Counsel Village of Morton Grove 6101 Capulina Ave. Morton Grove, IL. 60053 Re: Battista sale to Village of Morton Grove 6410 Chestnut, Morton Grove, IL Dear Terry: When we closed the above-captioned sale on February 19, 2010, the parties entered into a tax reproration agreement (copy enclosed)pending the release of the 2009 second installment real estate tax bills. The actual second installment 2009 tax bills are as follows: Parcel 023 - $480.28, Parcel 022 - $480.28, Parcel 025- $29,122.30; the sum of these three tax bills is $30,082.86. The credit given to buyer at closing for the 2009 second installment real estate tax bill was $22,762.94. The difference of$7,319.92 is due to the buyer from the escrow I am holding. The actual 2009 tax bill for all three parcels both installments totals $57,903.63. The credit for 2010 tax from January 1 to February 19, 2010, should have been$7,932.00 based on the actual bill. The credit given was $6,929.37, leaving$1,002.63 due to the buyer. Accordingly,it is my intention to pay to the Village of Morton Grove the sum of$8,322.55 from the escrow and refund the balance of$6,523.45 to my client. Please review these figures, • 02/11/11 11:51 FAI 847 987 7984 _gyp OFFICES f002 Teresa Hoffman Liston December 14, 2010 Page Two and if you are in agreement with same,sign and return this letter to me as soon as possible so that I may issue the checks. If you do not agree with the figures, please contact me immrdInrly. Adtifirti Yours very truly, SAY . SL JAS/es cc: Guy Battista The above calculations are approved. Escrow=is authorized to issue the checks as stated above from the escrow. c Buyer's Attorfiey 02/11/11 11:81 FAX 847 987 7984 LAW OFFICES X003 TAIL REPROBATION AGREEMENT Date: February 19, 2010 Buyer: VILLAGE OF MORTON GROVE, a municipal corporation Seller: GUY BATTISTA and LUANN BATTISTA Property: 6410-6418 CHESTNUT, MORTON GROVE, ILLINOIS This is to confirm that the sum of$14,846.00 has been deposited in escrow with the undersigned, JAY A. SLUTZKY,as Escrowee to guarantee reproration of 2009-2010 real estate taxes. This deposit is being held in accordance with the terms of the Real Estate Sales Contract dated November 19, 2009, and this Repooration Agreement. In consideration of the closing of the sale and purchase of the above captioned property, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1_ At the closing of the transaction the Seller allowed the Buyer a credit of$22,762.94 for-second installment of 2009 real estate taxes and a credit of$6,929.37 for prorated taxes for the period from January 1, 2010 through February 19, 2010, upon the basis of 100% of the full year tax bills (2008 -three parcels) in the aggregate amount of$50,584.43. 2. Within 10 days after the real estate tax bill for the 2009 second installment is available,the parties shall re-prorate the credit for 2009 second installment taxes on the basis of such bill;the parties shall also reprorate the credit for 2010 taxes on the basis of 110% of the 2009 tax bill, and the difference, if any, between the credit allowed Buyer at closing for 2009-2010 taxes and the amount of such re-prorated taxes shall be paid by the Seller or the Buyer as the case may be,to the other upon demand, forthwith. 3. Any monies owed by Seller to Buyer for such reprorations shall be paid to Buyer out of the escrow funds being held by Escrowee hereunder. Unless otherwise directed in writing, Escrowee shall mail said payments to Buyer's Attorney. Any funds remaining in the escrow after Escrowee has paid any tax re-proration or other charges required under this Agreement shall be refunded to Seller. If the escrow contains insufficient funds to cover the reproration, Seller shall forward the shortfall withing 14 days of notification thereof. 4. All funds held pursuant to this Agreement shall be held in Escrowee's IOLTA account and no interest shall be paid thereon. The parties hereto hereby agree to indemnify and hold Escrowee harmless for any actions taken in compliance with the terms of this Agreement,any expense associated therewith, and Escrowee shall be entitled to recover his Attorney's fees and 02/11/11 11:81 FAX 847 987 7984 LAW OFFICES E8004 costs in defending himself from either or both of the parties. The parties hereto acknowledge and agree that said escrow is being held solely to guarantee the reproration of taxes for the property pursuant to the parties' agreement. S. Escrowee shall send Buyer's Attorney the calculations in regard to the reproration. Escrowee shall not disburse the Escrowed funds until Buyer's Attorney accepts the calculations or Purchaser's Attorney fails to respond to Escrowee's notice within ten days of service thereof. Said notice from Escrowee may be by first class mail, facsimile or e-mail transmission and shall be deemed effective on the date of mailing or transmission. A mailed letter, facsimile or e-mail from Buyer's Attorney to Escrowee,or the expiration of the ten day notice period hereunder,shall be sufficient for Escrowee to release the funds held hereunder. 6. Escrowee shall have fulfilled his entire obligation under this Agreement by disbursing the escrow funds in accordance with the terms of the Real Estate Sales Contract and this Agreement. Signatures of Seller, Buyer, or their respective Attorneys shall not be required to release funds to be paid to Buyer or Seller pursuant to this Agreement. 7. The parties agree that this Tax Reproration Agreement shall survive the closing of this transaction and shall not merge with the deed. The prevailing party shall be entitled to recover from the losing party, all costs and reasonable Attorneys fees incurred by the prevailing party in enforcing the terms and provisions of this Agreement, or in an action to recover the escrow funds wrongfully withheld, and/or in defending a legal proceeding to which Buyer or Seller may be made a party as a result of the e�acts��or omission of the other party. Accepted for Seller crop,,&'sys'�� Accepted for Buy 4..7 Sc.,-per--' ESCROWEE • at ;e A,___......,„•-- 1 tilt ti Village of okslorton grove Office of the Corporation Counsel Telephone 847/663-3003 Fax 847/965-4162 MEMORANDUM TO: Village President and Board of Trustees Joseph F. Wade, Village Administrator f" FROM: Teresa Hoffman Liston, Corporation Counsel�- CC: William Neuendorf, Community and Economic Development Director Ryan Home, Assistant Finance Director DATE: February 23, 2010 RE: Purchase of 6410-6418 Chestnut, Morton Grove, Illinois On February 19. 2010, the Village closed on its contract to purchase 6410-6418 Chestnut Avenue from Guy and LuAnn Battista. The purchase price for this parcel was $1.050,000.00. The Village also incurred the following additional charges: • Closing fee $ 500.00 • Joint order escrow fee $ 150.00 • Recording fee $ 48.00 • Total Costs including purchase price $1,050,698.00 At the closing, the Village received the following credits in the form of a reduction against the purchase price: • Earnest money previously paid $ 1,000.00 • Real estate tax pro ratios for 2009' $ 22,762.94 • Real estate tax pro ratios for 2010' $ 6, 929.37 • Total Credits S 30,692.31 Therefore, the total funds owed by the Village at closing were (Purchase price - $1,050,000.00 plus additional charges— $698.00 less credits $30,692.61) $1,020,005.69 The parties also entered into a reproration agreement whereby the seller deposited with J.A. Slutzky. the escrowee a sum of$14,846. Once the 2009 and 2010 tax bills are available,the parties are obligated to reprorate the taxes. If funds are due they will be first taken from the escrow held by Mr. Slutzky. If additional funds are needed, Mr. and Mrs. Battista shall pay the difference. If the escrow fund exceeds the amount owed, Mr. and Mrs. Battista will receive the balance of the escrow fund. Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove. Illinois 60053-2985 �� Tel: (847) 965-4100 Fax: (847) 965-4162 I::aj aled p,p: The legal work for this closing was performed by me as part of my normal duties; therefore, no additional legal fees were incurred. On January 27, 2010, the Village wire transferred $1 million to the closing agent, Attorneys' Title Guaranty fund, Inc. On February 19, 2010, the Village wire transferred an additional $20,005.69 in full payment of its obligations to Mr. and Mrs. Battista. The following issues remain open: 1. When the second installment of the 2009 real estate taxes and the first installment of the 2010 real estate taxes become due for this property, it is the Village's responsibility to pay these taxes because a credit for these taxes has already been provided. 2. The Village should apply for a property tax exemption for this property as soon as possible. 3. When the 2009 second installment taxes and the 2010 tax bills become available, the Village should contact the escrow agent, J.A. Slutzky regarding the reproration of these taxes. Since the improvements on the property have been demolished, there are no keys to be tendered. Copies of the survey, title commitment and other closing documents will be delivered to the Finance Department for placement in the permanent file. It is also my understanding the Department of Community and Economic Development has its own file on this matter. Should you have any questions, do not hesitate to contact me. THL/sl M:\legal\Real Estate\6410 Chestnut purchase memo 02-23-10 12/14/10 12:21 FAX 847 967 7984 JAY A SLUTZKY a 001 • JAY A. SLUTZKY Attorney at low 7749 N. MILWAUKEE AVENUE, NILES, 1L 60714-4733 (817)967-7979 FAX(847)967-7984 Erma:lays yoyahoo.cam December 14, 2010 By Facsimile 847-965-4162 Teresa Hoffman Liston Corporation Counsel Village of Morton Grove 6101 Capulina Ave. Morton Grove, IL 60053 Re: Battista sale to Village of Morton Grove 6410 Chestnut, Morton Grove, IL Dear Terry: When we closed the above-captioned sale on February 19, 2010, the parties entered into a tax reproration agreement (copy enclosed)pending the release of the 2009 second installment real estate tax bills. The actual second installment 2009 tax bills are as follows: Parcel 023 - $480.28/Parcel 022 - $480.28, Parcel 025- $29,122.30;the sum of these three tax bills is $30,082.86. The credit given to buyer at closing for the 2009 second installment real estate tax bill was $22,762.94. The difference of $7,319.92 is due to the buyer from the escrow I am holding. The actual 2009 tax bill for all three parcels both installments totals $57,903.63. The credit for 2010 tax from January 1 to February 19, 2010, should have been$7,932.00 based on the actual bill. The credit given was $6,929.37;leaving $1,002.63 due to the buyer. Accordingly, it is my intention to pay to the Village of Morton Grove the sum of$8,322.55 from the escrow and refund the balance of$6,523.45 to my client. Please review these figures, 12/14/10 12:22 FAX 847 967 7984 JAY A SLUTZKY 2002 Teresa Hoffman Liston December 14, 2010 Page Two and if you are in agreement with same, sign and return this letter to me as soon as possible so that I may issue the checks. If you do not agree with the figures, please contact me immediately. Yours very truly, SAY ' . SLUTZKY ]AS/es cc: Guy Battista The above calculations are approved. Escrowee is authorized to issue the checks as stated above from the escrow. Buyer's Attorney 12/14/10 12:22 FAX 847 987 7984 JAY A SLUTZKY 81003 TAX REPROBATION AGREEM}ICI' Date: February 19, 2010 Buyer: VILLAGE OF MORTON GROVE, a municipal corporation Seller: GUY BATTISTA and LUANN BATTISTA Property: 6410-6418 CHESTNUT, MORTON GROVE, ILLINOIS This is to confirm that the sum of $14,846.00 has been deposited in escrow with the undersigned, JAY A. SLUTZKY, as Escrowee to guarantee reproration of 2009-2010 real estate taxes. This deposit is being held in accordance with the terms of the Real Estate Sales Contract dated November 19, 2009, and this Reproration Agreement. In consideration of the closing of the sale and purchase of the above captioned property, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. At the closing of the transaction the Seller allowed the Buyer a credit of$22,762.94 for second installment of 2009 real estate taxes and a credit of$6,929.37 for prorated taxes for the period from January 1, 2010 through February 19, 2010, upon the basis of 100% of the full year tax bills (2008 -three parcels) in the aggregate amount of$50,584.43. 2. Within 10 days after the real estate tax bill for the 2009 second installment is available, the parties shall re-prorate the credit for 2009 second installment taxes on the basis of such bill;the parties shall also reprorate the credit for 2010 taxes on the basis of 110% of the 2009 tax bill, and the difference, if any, between the credit allowed Buyer at closing for 2009-2010 taxes and the amount of such re-prorated taxes shall be paid by the Seller or the Buyer as the case may be, to the other upon demand, forthwith. 3. Any monies owed by Seller to Buyer for such reprorations shall be paid to Buyer out of the escrow funds being held by Escrowee hereunder. Unless otherwise directed in writing, Escrowee shall mail said payments to Buyer's Attorney. Any funds remaining in the escrow after Escrowee has paid any tax re-prorations or other charges required under this Agreement shall be refunded to Seller. If the escrow contains insufficient funds to cover the reproration, Seller shall forward the shortfall wihing 14 days of notification thereof. 4. All funds held pursuant to this Agreement shall be held in Escrowee's IOLTA account and no interest shall be paid thereon. The parties hereto hereby agree to indemnify and hold Escrowee harmless for any actions taken in compliance with the terms of this Agreement, any expense associated therewith, and Escrowee shall be entitled to recover his Attorney's fees and • 12/14/10 12:22 FAX 847 967 7984 JAY A SLUTZKY 1 004 costs in defending himself from either or both of the parties. The parties hereto acknowledge and agree that said escrow is being held solely to guarantee the reproration of taxes for the property pursuant to the parties' agreement 5. Escrowee shall send Buyer's Attorney the calculations in regard to the reproration. Escrowee shall not disburse the Escrowed funds until Buyer's Attorney accepts the calculations or Purchaser's Attorney fails to respond to Escrowee's notice within ten days of service thereof. Said notice from Escrowee may be by first class mail, facsimile or e-mail transmission and shall be deemed effective on the date of mailing or transmission. A mailed letter, facsimile or e-mail from Buyer's Attorney to Escrowee, or the expiration of the ten day notice period hereunder, shall be sufficient for Escrowee to release the funds held hereunder. 6. Escrowee shall have fulfilled his entire obligation under this Agreement by disbursing the escrow funds in accordance with the terms of the Real Estate Sales Contract and this Agreement. Signatures of Seller, Buyer, or their respective Attorneys shall not be required to release funds to be paid to Buyer or Seller pursuant to this Agreement. 7. The parties agree that this Tax Reproration Agreement shall survive the closing of this transaction and shall not merge with the deed. The prevailing party shall be entitled to recover from the losing party, all costs and reasonable Attorneys fees incurred by the prevailing party in enforcing the terms and provisions of this Agreement, or in an action to recover the escrow funds wrongfully withheld, and/or in defending a legal proceeding to which Buyer or Seller may be made a party as a result of the acts or omission of the other party. Accepted for Seller Accepted for Buyer e/ y , -, ESCROWEE Alba"/ l ii • JAY A. SLUTZKY Attorney at Law 7749 N. MILWAUKEE AVENUE, NILES, IL 60714 (847) 967-7979 FAX(847)967-7984 E-mail:jayslutzky@yahoo.com March 23, 2010 Teresa Hoffman Liston 6101 Capulina Morton Grove, IL 60053 Re: Village of Morton Grove Purchase 6410-6418 Chestnut, Morton Grove Dear Ms. Liston: Enclosed please find Attorneys' Title Guaranty Fund, Inc. Owner Title Insurance Policy No. 090206100108-01 for the above property which was purchased by the Village of Morton Grove. Also enclosed for your file are photocopies of the paid tax bills. ours very truly, / JAY A. SLUTZKY 40 JAS/es Enc. Attorneys ' Title 2/16/2010 10: 17: 58 AM PAGE 2/004 Fax server A. U.S. Department of Housing and Urban Development B.TYPO of Loan Settlement Statement 1. ' FHA 2. ' FmHA 3. - Cony ATTORNEYS' TITLE GUARANTY FUND, INC t South Wacker P.O.Elm 9196 2500 south Highland Ave 120 West Main Sireel 4. VA In5.s.. Cony 6. Seller seti,Chicago,gotr nrni959-2 L818269136 Suite NO SWa20t Ins. Finance (212)227,- 606064654 (217)359-2000 (em6an,It 4e14e-5083 (618)27•-964020-1554 (212)2125361 (630)13274441 (618)277-9440 6.FIB Number 7.LDam Number 090206100108 s.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 sus shown. bens nuked were paid outside the closing:they ace shown hem for informational purposes and are not included In the scull 1).Name and Address of Borrower B.Name,Address,and Tax II)Number of Seller E Name and Address of Lender Village of Morton Grove Chicago Tide Land Thai Company Trust No. Cash Deal 6101 Capultaa Ave 535 Morton Grove B.60053 O.Property Location(Cnmplete address,indvdiag Iega1 description if IL Settlement Agent Name,Address and Tax.1D Number necessary) Aitorrisya'Title Guaranty Fund,Inc. 2102 Wbdwr Plate Champpaigo,U. 61820.7758 6410-6418 Chestnut Tat1D 37.1222620 Mona]Grove,IL 60053 Closers LISA BASTOUNES,7NC• See Addendum Plat of Sentiment L Setttemrm Date Ill A.Slutzky 2/19/2010 7749 N.11131warlwe Avenue Fund:2/19/2910 Niles.IL 68714 J. Summary ofBonnwer'sTransaction K. Summary of Salt's Transaction 100. Gross Amount Due from Borrower 400. Gros Amount Due to Sam 101. Contract Saks Prize _ $L050.000.00 401. Contract Sales Price 51:050,000-00 102. Personal Property 402. PersonalProperly 103. Sentiment Charges to borrower $698.00 403. 104. 404. 105. 405. Atushmmta for items pied by seller in advence Adjustments for darn pmd by seller in whence 106. County properry taxes 406. County property rams 107. Comm propeny races 407. County property taxes • NZ. Special Assessment 40B. Special Assessment 700_ Homeowner Arc Due 409. Homeowner Ase Dues 110. Flood insurance _ 410. blood insurance 111. Other woes 411. Other taxes 112. 412 113. 411 114. 414. 115. 415. 116. 414 120- Grass Amount Due From Borrower $L050.698.00 420. Gross Ammmt Drs to Seller 51450.000.00 200. MnOwmts Paid By Or in Behalf Of Borrower 500. rte a cdonsln Amount Due to Seller 201. •Deposit oratnest money 51,000.00 501. Excess Deposit 202. Principal warrant of near laan(s) 502 S nt:roa t C6esges to Seller(line 1400) 560,184.55 203. Existing knots)talon subject ra 501 Existing Loan(s)Tatum Subject to 204. Lam Amount 2nd Lien , 504. Payoff of fug mortgagelvan $40243334 205. 505. Payoff of second mortgge Iaaa 200. 504 Earnest money 51.00000 207. 507. 208. 508_ 209. 509. Adjuammeits for items unpaid by seller Adjustren s for items wapatd by saner 210. County property taxes 070L09 so 1719109 522.762.94 510. County property ties O7I131709 w 12/3109 522,762.94 211. County property taxes 01m1/el m 02/1920 56.929,37 511- County property taxes 01/bL10 a 02/1940 $6.92937 212. isl Assessment 512 Special Assessment 213. EomeownerAsc Puts 513. llomeowrw Ase Dues 214. Floodimarance 514- Flood insurance 215. Other cast 515. Othertaxes 216- 516. 217. 517. 218. 518- 219. 519. 220. Total Paid By/FurBorrower 550,69231 520- Total Reduction Amount Due Seger 5493,81018 300. Celt At Settlement Frc&to Borrower 600. Cash At Settlement To/Fro m Seller 301. Cross Ammar due from borrows(lies 120) $L050,698.00 601. Gross Ammon a6w so seller(line 420) 51,050,000-00 302 Less amounts paid by/for borrower(line 220) 53049231 602 Less reductions w eon.due seller(line 520) 1493,510.18 303. Cash From Bo-over • $1,020,005.69 603. Cash To Seller 5556.18982 Previous Edition is Obsolete Printed an 10:17 AMPebruary 19,2010 HLxD.1(3/36) TOOL ANZ.LfI'IS V AV!' 1786L L96 L69 rid 62.91 OT/8T/Z0 Attorneys ' Title 2/18/2010 10: 17: 58 AM PAGE 3/004 Fax Server L- Settlerne nt Cbarrtas - 700. Total Sales/Brolvr's Commission based on price 51,050,000.00 @& = 80.00 Paid From Paid From Division of Commission(Tina 700)as follows: Harrowers Sellers Funds or Ponds al Settlement 701. TO Settlement 702. to 703. Commission Paid at Sesltme ll $0.00 S0.00 800. Items Pantie in Connection with Loan 801. Loan Origination Fee 0 TO 902. Gran Discount to 803. Appraisal Fee to 804. Credit Report to 805. Lenders Inspection Fcc to 800. Appliurioo Fan to 807. Assumption Foe to 808. Document Prapanriwl Fee to 809. Tax Service Foe to 810. Plood Certification Pee to 900. items Required by Lender To Be Paid is Advance 901. Interest from 2/19/2010 to 3/i32010 @ SO/day 902. Mortgage Ins Premium for months to 903. Hazard Ins Premium for years to 1000.Reserves Deposited With Leader I UU I.Harald insurance atnmtsg per month 1002.Mortgage insurance months a per month 1003.Cuualyjuoptaty inns manila a per month • 1004.County property raxa months tg per month 1005.SpecialAssessmeat monthsed per month 100A Honewwrer Mc Dues mouths a par month 1007.Flood insurance months @ per mouth 1008.Other taxes months @ per month 1011.Agg, aI a Recent AAjnel meat 1100. Title Charges 1101.Closing/Escrow Fee to ATG $500.00 $500.00 1102.EPA,Endorsement to 1101 ARM Endoremem to 1104.Cando Endorsement to 1105.Location NOM to 1106.Buyers Attorney fees to Teresa Liston 1107.Sellers Attorney fan to JQe A.Sbt $7.104.00 (includes above items numbers' 1108.Owner Policy Premium to ATO/Jay A.Sulaky 52,820-00 (includes above items numbers ) 1100. TotruisceS COVGITIet $0.00/$0.00 _-- 1110. Owners coverage SL050.000.00/52.820.00 I I)1.Sri Exception Waiver 2(Com/Vacant) to ATG/Jay_A-attic( $0.00 $500.00 1200. Government Recording and Transfer CAarges 120 L.Recording The-Deed Deed$48.00 ;Mortgage ;Releases $48.00 1202-County tax stamps Deed$525.00 ;Mortgage to ATG Pees and Transfers $525.00 1201 Stare tux stamps Deed$1.050.00 ;Mnrtgage to ATG.Fars apd Trausfers 41,050.00 1104.Mu non Grow lax stamps to POC$3150.00 $0.00 $0.00 1205.Record Assignment of Mortgage To 12x6.Release Status Vedfcation/Cert of Re/ to ATG Fees and Transfers $0.00 $48.90 1207.Stang Rsgulmory Fee to ATG Fees and Transfers $0.00 $3.00 1300. Additional Setdement Charges 1301.survey to Jena IL Doe S1400.00 1302. Pest Inspection To 1303. Redemprion la $0.00 $20.00 1304. 2009 Tax let Io.e a n= To ATG Escrow Depart®t 527,821.09 1305. Tax Service Fes to ATG Fees and Transits $150.00 1306. Tax Iteproradon Escrow TO Jay A.Sbnsky as Eaeowee $14866-00 1307. 1990 Open Real Relate Taxes to Cook County Colieetor 533536 1301 Tax Payment Fee to ATG Fees and T1an.437 55000 1309. Joint Order Escrows Fee to ATG FNS and Transfer $15000 5150.00 1310. Rehab.for Stamps&Water lo Jay A.Skinks $3.161.o8 1400.Total Settlement Charges(enter on lines 103.Section J and 502.Section R) $698.0 $60,1,8453 ZOO21 AYZJdPIS V AVE I'96L L96 L69 1V3 00:LT OT/91/ZO S ATTORNEYS' OPA: 090206100108-01 TITLE GUARANTY FUND. INC. CHAMPAIGN, ILLINOIS OWNER'S POLICY OF TITLE INSURANCE American Land Title Association Owner's Policy—adopted June 17,2006 Any notice of claim and any other notice or statement in writing required to be given to Attorneys' Title Guaranty Fund,Inc., under this Policy must be given to Attorneys'Title Guaranty Fund,Inc.,at the address shown in Section 18 of the Conditions. COVERED RISKS SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B, AND THE CONDITIONS, Attorneys' Title Guaranty Fund,Inc., an Illinois corporation ("ATG®")insures, as of Date of Policy and, to the extent stated in Covered Risks 9 and 10, after Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the Insured by reason of: 1. Title being vested other than as stated in Schedule A. 2. Any defect in or lien or encumbrance on the Title. This Covered Risk includes but is not limited to insurance against loss from (a) A defect in the Title caused by (i) forgery, fraud, undue influence,duress,incompetency,incapacity, or impersonation; (ii) failure of any person or Entity to have authorized a transfer or conveyance; (iii) a document affecting Title not properly created, executed, witnessed, sealed, acknowledged, notarized, or delivered; (iv) failure to perform those acts necessary to create a document by electronic means authorized by law; (v) a document executed under a falsified,expired,or otherwise invalid power of attorney; (vi) a document not properly filed, recorded, or indexed in the Public Records including failure to perform those acts by electronic means authorized by law;or (vii) a defective judicial or administrative proceeding. (b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable,but unpaid. (c) Any encroachment, encumbrance,violation,variation,or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land. The term "encroachment" includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land. 3. Unmarketable Title. 4. No right of access to and from the Land. 5. The violation or enforcement of any law,ordinance,permit,or governmental regulation(including those relating to building and zoning)restricting, regulating,prohibiting, or relating to: (a) the occupancy,use, or enjoyment of the Land; (b) the character,dimensions, or location of any improvement erected on the Land; (c) the subdivision of land; or (d) environmental protection if a notice, describing any part of the Land, is recorded in the Public Records setting forth the violation or intention to enforce, but only to the extent of the violation or enforcement referred to in that notice. 6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the enforcement action,describing any part of the Land, is recorded in the Public Records,but only to the extent of the enforcement referred to in that notice. ATG FORM 1010-06 O ATG I/O?) 'ATG"is a registered trademark of Attorneys'Title Guaranty Fund.Inc. Page 1 of 0 7. The exercise of the rights of eminent domain if a notice of the exercise, describing any part of the Land, is recorded in the Public Records. 8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge. 9. Title being vested other than as stated in Schedule A or being defective (a) as a result of the avoidance in whole or in part, or from a court order providing an alternative remedy, of a transfer of all or any part of the title to or any interest in the Land occurring prior to the transaction vesting Title as shown in Schedule A because that prior transfer constituted a fraudulent or preferential transfer under federal bankruptcy, state insolvency, or similar creditors'rights laws; or (b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal bankruptcy, state insolvency, or similar creditors' rights laws by reason of the failure of its recording in the Public Records (i) to be timely,or (ii) to impart notice of its existence to a purchaser for value or to a judgment or lien creditor. 10. Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks I through 9 that has been created or attached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. ATG will also pay the costs, attorneys' fees, and expenses incurred in defense of any matter insured against by this Policy, but only to the extent provided in the Conditions. This policy shall become effective and binding when Schedule A and Schedule B and any endorsements are signed by a title insurance agent or other authorized signatory of ATG. EXCLUSIONS FROM COVERAGE The following mailers are expressly excluded from the coverage of this policy,and ATG will not pay loss or damage,costs,attorneys'fees,or expenses that arise by reason of 1. (a) My law,ordinance,permit,or governments regulation(including those relating to building and zoning)restricting,regulating,prohibiting,or relating to (i) the occupancy,use,or enjoyment of the Land; (II) the character,dimensions,or location of any improvement erected on the Land; (iii) the subdivision of land;or (iv) environmental protection; or the effect of any violation of these laws,ordinances,or governmental regulations.This Exclusion 1(a)does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power.This Exclusion 1(b)does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain.This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects,liens,encumbrances,adverse claims,or other matters (a) created,suffered,assumed,or agreed to by the Insured Clamant; (b) not Known to ATG,not recorded in the Public Records at Date of Policy,but Known to the Insured Claimant and not disclosed in writing to ATG 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 Clamant; (d) attaching or created subsequent to Date of Policy(however,this does not modify or limit the coverage provided under Covered Risks 9 and 10);or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title. 4. Any claim,by reason of the operation of federal bankruptcy,state insolvency,or similar creditors'rights laws,that the transaction vesting the Title as shown in Schedule A,is (a) a fraudulent conveyance or fraudulent transfer,or (b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy. 5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. CONDITIONS 1. DEFINITION OF TERMS The following terms when used in this policy mean: (a) 'Amount of Insurance':The amount staled in Schedule A,as may be increased or decreased by endorsement to this policy,increased by Section 8(b),or decreased by Sections 10 and 11 of these Conditions. (b) 'Dale of Policy:The date designated as'Date of Policy in Schedule A. (c) °Entiy:A corporation,partnership,trust,limited liability company,or other similar legal entity. (d) 'Insured:The Insured narked in Schedule A. (i) The term'Insured'also includes (A) successors to the Title of the Insured by operation of law as distinguished from purchase,including heirs,devisees.survivors,personal representatives,or next of kin; (B) successors to an Insured by dissolution,merger,consolidation,distribution,or reorganization; (C) successors to an Insured by its conversion to another kind of Entty, (D) a grantee of an Insured under a deed delivered without payment of actual valuable consideration conveying the Title (1) if the stock,shares,memberships,or other equity interests of the grantee are whollymvned by the named Insured, ATG FORM 1010-06 ©ATG(1107) Page 2 of 4 (2) if the grantee wholly owns the named Insured, (3) if the grantee is wholly-owned by an affiliated Entity of the named Insured,provided the affiliated Entity and the named Insured are both wholly-owned by the same person or Entity, or (4) if the grantee is a trustee or beneficiary of a bust created by a written instrument established by the Insured named in Schedule A for estate planning purposes. (ii) With regard to(A),(B),(C),and(D)reserving,however,all rights and defenses as to any successor that ATG would have had against any predecessor Insured. (e) 'Insured Claimant':An Insured claiming loss or damage. (f) 'Knowledge"or'Known':Actual knowledge,not constructive knowledge or notice that may be imputed to an Insured by reason of the Public Records or any other records that impart constructive notice of matters affecting the Title. (g) 'Land':The land described in Schedule A,all affixed improvements that by law constitute real property.The term'Land'does not include any property beyond the lines of the area described in Schedule A,nor any right title,interest estate,or easement in abutting streets,roads,avenues,alleys,lanes,ways,or waterways,but this does not modify or limit the extent that a right of access to and from the Land is insured by this policy. (h) 'Mortgage':Mortgage,deed of trust,bust deed,or other security instrument,including one evidenced by electronic means authorized by law. (i) Public Records':Records established under state statutes at Date of Policy for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without Knowledge.With respect to Covered Risk 5(0),'Public Records'shall also include environmental protection liens filed in the records of the clerk of the United States District Court for the district where the Land is located. U) "Title':The estate or interest described in Schedule A. (k) 'Unmarketable Title':Title affected by an alleged or apparent matter that would permit a prospective purchaser or lessee of the Title or lender on the Title to be released from the obligation to purchase, lease,or lend if there is a contractual condition requiring the delivery of marketable title. 2. CONTINUATION OF INSURANCE The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured,but only so long as the Insured retains an estate or interest in the Land,or holds an obligation 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 warranties in any transfer or conveyance of the Title.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 obligation secured by a purchase money Mortgage given to the Insured. 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT The Insured shall notify ATG promptly in writing(i)in case of any litigation as set forth in Section 5(a)of these Conditions,(ii)in case Knowledge shall come to an Insured hereunder of any claim of title or interest that is adverse to the Title,as insured,and that might cause loss or damage for which ATG may be liable by virtue of this policy,or(iii)if the Title,as insured,is rejected as Unmarketable Title.If ATG is prejudiced by the failure of the Insured Claimant to provide prompt notice,ATG's liability to the Insured Claimant under the policy shall be reduced to the extent of the prejudice. 4. PROOF OF LOSS In the event ATG is unable to determine the amount of loss or damage,ATG may,at its option,require as a condition of payment that the Insured Claimant furnish a signed proof of loss.The proof of loss must describe the defect,lien,encumbrance,or other matter insured against by this policy that 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. 5. DEFENSE AND PROSECUTION OF ACTIONS (a) Upon written request by the Insured,all subject to the options contained in Section 7 of these Conditions,ATG,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 covered by this policy adverse to the Insured.This obligation is limited to only those stated causes of action alleging matters insured against by this policy.ATG 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.It shall not be liable for and will not pay the fees of any other counsel.ATG will not pay any fees,costs,or expenses incurred by the Insured in the defense of those causes of action that allege matters not insured against by this policy. (b) ATG shall have the dght,in addition to the options contained in Section 7 of these Conditions,at its own cost,to institute and prosecute any action or proceeding or to do any other ant that in its opinion may be necessary or desirable to establish the Title,as insured,or to prevent or reduce loss or damage to the Insured.ATG may take any appropriate action under the terms of this policy,whether or not it shall be liable to the Insured.The exercise of these rights shall not be an admission of liability or waiver of any provision of this policy.If ATG exercises its rights under this subsection,it must do so diligently. (c) Whenever ATG brings an action or asserts a defense as required or permitted by this policy,ATG may pursue the litigation to a final determination by a court of competent jurisdiction,and it expressly reserves the right,in its sole discretion,to appeal any adverse judgment or order. 6. DUTY OF INSURED CLAIMANT TO COOPERATE (a) In all cases where this policy permits or requires ATG to prosecute or provide for the defense of any action or proceeding and any appeals,the Insured shall secure to ATG the right to so prosecute or provide defense in the action or proceeding,including the right to use,at its option,the name of the Insured for this purpose.Whenever requested by ATG,the Insured,at ATG's expense,shall give ATG all reasonable ad(i)in securing evidence,obtaining witnesses,prosecuting or defending the action or proceeding,or effecting settlement,and(ii)in any other lawful act that in the opinion of ATG may be necessary or desirable to establish the Title or any other matter as insured.If ATG is prejudiced by the failure of the Insured to famish the required cooperation,ATG's obligations to the Insured under the policy shall terminate,including any liability or obligation to defend,prosecute,or continue any litigation,with regard to the matter or matters requiring such cooperation. (b) ATG may reasonably require the Insured Claimant to submit to examination under oath by any authorized representative of ATG and to produce for examination,inspection,and copying,at such reasonable times and places as may be designated by the authorized representative of ATG, all records, in whatever medium maintained, including books, ledgers, checks, memoranda, correspondence,reports,e-mails,disks,tapes,and videos whether bearing a date before or after Date of Policy,that reasonably pertain to the loss or damage.Further,if requested by any authorized representative of ATG,the Insured Clamant shall grant its permission,in writing,for any authorized representative of ATG to examine,inspect,and copy all of these records in the custody or control of a third party that reasonably pertain to the loss or damage.All information designated as confidential by the Insured Claimant provided to ATG pursuant to this Section shall not be disclosed to others unless,in the reasonable judgment of ATG,it is nerreccary in the administration of the claim.Failure of the Insured Claimant to submit for examination under oath,produce any reasonably requested information,or grant permission to secure reasonably necessary information from third parties as required in this subsection,unless prohibited by lax or governmental regulation,shall terminate any liability of ATG under this policy as to that claim. 7. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS;TERMINATION OF LIABILITY In case of a claim under this policy,ATG 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,attomeys'fees,and expenses incurred by the Insured Claimant that were authorized by ATG up to the time of payment or tender of payment and that ATG is obligated to pay. Upon the exercise by ATG of this option,all liability and obligations of ATG to the Insured under this policy,other than to make the payment required in this subsection,shall terminate,including any liability or obligation to defend,prosecute,or continue any litigation. (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.In addition,ATG will pay any costs,attorneys'fees,and expenses incurred by the Insured Claimant that were authorized by ATG up to the time of payment and that ATG is obligated to pay;or (ii) To pay or 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 that were authorized by ATG up to the time of payment and that ATG is obligated to pay. Upon the exercise by ATG of either of the options provided for in subsections(b)(i)or(ii),ATG'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,prosecute,or continue any litigation. ATG FORM 1010-06 ©ATG(1/07) Page 3 of 8. DETERMINATION AND EXTENT OF LIABILITY This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by the Insured Claimant who has suffered loss or damage by reason of matters insured against by this policy. (a) The extent of liability of ATG for loss or damage under this policy shall not exceed the lesser of (i) the Amount of Insurance;or (ii) the difference between the value of the Title as insured and the value of the Title subject to the risk insured against by this policy. (b) If ATG pursues its rights under Section 5 of these Conditions and is unsuccessful in establishing the Title,as insured, (i) the Amount of Insurance shall be increased by 10%,and (ii) the Insured Claimant shall have the right to have the loss or damage determined either as of the date the claim was made by the Insured Claimant or as of the date it is settled and paid. (c) In addition to the extent of liability under(a)and(b),ATG will also pay those costs,attomeys'fees,and expenses incurred in accordance with Sections 5 and 7 of these Conditions. 9. LIMITATION OF LIABILITY (a) If ATG establishes the Title,Of 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 Unmarketable Title,all as insured,in a reasonably diligent manner by any method,including litigation and the completion of any appeals,it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused to the Insured. (b) In the event of any litigation,including litigation by ATG or with ATG's consent,ATG shall have no liability for loss or damage until there has been a final determination by a court of competent jurisdiction,and disposition of all appeals,adverse to the Title,as insured. (c) ATG shall not be liable for loss or damage to the Insured for liability voluntarily assumed by the Insured in settling any claim or suit without the prior written consent of ATG. 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 Insurance by the amount of the payment. 11. LIABILITY NONCUMULATIVE The Amount of Insurance shall be reduced by any amount ATG pays 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 executed by an Insured after Date of Policy and which is a charge or lien on the Title,and the amount so paid shall be deemed a payment to the Insured under this policy. 12. PAYMENT OF LOSS When liability and the extent of loss or damage have been definitely fixed in accordance with these Conditions,the payment shall be made within 30 days. 13. RIGHTS OF RECOVERY UPON PAYMENT OR SETTLEMENT (a) Whenever ATG shall have settled and paid a claim under this policy,it shall be submgated and entitled to the rights of the Insured Claimant in the Tide and all other rights and remedies in respect to the clam that the Insured Clamant has against any person or property,to the extent of the amount of any loss,costs,attorneys'fees,and expenses pad by ATG.If requested by ATG,the Insured Claimant shall execute documents to evidence the transfer to ATG of these rights and remedies.The Insured Claimant shall permit ATG 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 and remedies. If a payment on account of a clam does not fully cover the loss of the Insured Claimant,ATG shall defer the exercise of its right to recover until after the Insured Claimant shall have recovered its loss. (b) ATG's right of subrogation includes the rights of the Insured to indemnities,guaranties,other policies of insurance,or bonds,notwithstanding any terms or conditions contained in those instruments that address subrogation rights. 14. ARBITRATION Either ATG or the Insured may demand that the clam or controversy shall be submitted to arbitration pursuant to the Title Insurance Arbitration Rules of the American Land Title Association('Rules").Except as provided in the Rules,there shall be no joinder or consolidation with claims or controversies of other persons.Arbitrable matters may include,but are not limited to,any controversy or claim between ATG and the Insured wising out of or relating to this policy,any service in connection with its issuance or the breach of a policy provision,or to any other controversy or claim arising out of the transaction giving rise to this policy.MI arbitrable matters when the Amount of Insurance is$2,000,000 or less shall be arbitrated at the option of either ATG or the Insured.All arbitrable matters when the Amount of Insurance is in excess of$2,000,000 shall be arbitrated only when agreed to by both ATG and the Insured.Arbitration pursuant to this policy and under the Rules shall be binding upon the parties.Judgment upon the award rendered by the Arbitrator(s)may be entered in any court of competent jurisdiction. 15. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE CONTRACT (a) This policy together with all endorsements,if any,attached to it by ATG is the entire policy and contract between the Insured and ATG.In interpreting any provision of this policy,this policy shall be construed as a whole. (b) My claim of loss or damage that arises out of the status of the Title or by any action asserting such claim shall be restricted to this policy. (c) My amendment of or endorsement to this policy must be in writing and authenticated by an authorized person,or expressly incorporated by Schedule A of this policy. (d) Each endorsement to this policy issued at any time is made a part of this policy and is subject to all of its terms and provisions.Except as the endorsement expressly states,it does not(i)mortify any of the terms and provisions of the policy,(ii)modify any prior endorsement,(iii)extend the Date of Policy,or(iv)increase the Amount of Insurance. 16. SEVERABILITY In the event any provision of this policy,in whole or in part,is held invalid or unenforceable under applicable law,the policy shall be deemed not to include that provision or such pat held to be invalid,but all other provisions shall remain in full force and effect. 17. CHOICE OF LAW; FORUM (a) Choice of Law:The Insured acknowledges ATG has underwritten the risks covered by this policy and determined the premium charged therefor in reliance upon the law affecting interests in real property and applicable to the interpretation,rights,remedies,or enforcement of policies of title insurance of the jurisdiction where the Land is located. Therefore,the court or an arbitrator shalt apply the law of the jurisdiction where the Land is located to determine the validity of claims against the Title that are adverse to the Insured and to interpret and enforce the terms of this policy.In neither case shall the court or arbitrator apply its conflicts of law principles to determine the applicable law. (b) Choice of Forum:My litigation or other proceeding brought by the Insured against ATG must be filed only in a state or federal court within the United States of America or its territories having appropriate jurisdiction. 18. NOTICES,WHERE SENT Any notice of clam and any other notice or statement in writing required to be given to ATG under this policy must be given to ATG at P.O.Box 9136,Champaign,Illinois61826-9136. ATG FORM 1010-06 ©ATG(1/07) Page 4 o14 • ATTORNEYS' TITLE GUARANTY FUND, INC. ATG® OWNER'S FORM—SCHEDULE A Policy No.: 090206100108-01 Date of Policy: March 02,2010 Address Reference: 6410-6418 Chestnut State Issued: IL Morton Grove, IL 60053 File Name: Amount of Insurance: $1,050,000.00 1. Name of Insured: Village of Morton Grove, a Municipal Corporation 2. The estate or interest in the Land that is insured by this policy is: Fee Simple 3. Title is vested in: Village of Morton Grove,a Municipal Corporation 4. The Land referred to in this policy is described as follows: The South 120 feet of Lots 8, 9, 10 and 11 in Block 1 in Morton Grove,being a Subdivision of the East 4.63 chains of that part of the Northeast 1/4 lying South of Gross Point Road and of the North 3 acres of the East 10 acres of the North 1/2 of the Southeast 1/4 of Section 19, and that part of the Northwest 1/4 of Section 20,lying South of Gross Point Road and West of the Chicago, Milwaukee,and St.Paul Railroad,in Township 41 North,Range 13,East of the Third Principal Meridian, in Cook County, Illinois. ISSUED BY Jay A. Slutzky 7749 N. Milwaukee Avenue Niles, IL 60714 (847)967-7979 2061 � f • Member No. Fatur>!' ember or Authorized Signriry ATG FORM 1021-06 FOR USE : -LL STATES ©ATG(iro]) Prepared by ATG REsource® Page 1 of 1 ATTORNEYS' TITLE GUARANTY FUND, INC. ATG® OWNER'S FORM—SCHEDULE B Policy No.: 090206100108-01 Date of Policy: March 02,2010 State Issued: IL File Name: EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage,and ATG will not pay costs,attorneys' fees, or expenses that arise by reason of: Standard Exceptions 1. Rights or claims of parties in possession not shown by the Public Records. 2. Encroachments,overlaps,boundary line disputes,and any matters that 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 that are not shown as existing liens by the Public Records. Special Exceptions 6. The lien of taxes for the year 2009 and thereafter. Permanent Index No. 10-19-203-022-0000 2009 taxes: 1st Installment of$1,171.84 is paid. 2nd Installment is not yet due and payable. 2010 taxes: 1st Installment is not yet due and payable. All general real estate taxes before 2009 are paid. Permanent Index No. 10-19-203-023-0000 2009 taxes: 1st Installment of$1,171.84 is paid. 2nd Installment is not yet due and payable. 2010 taxes: 1st Installment is not yet due and payable. All general real estate taxes before 2009 are paid. Permanent Index No. 10-19-203-025-0000 2009 taxes: 1st Installment of$25,477.81 is paid. 2nd Installment is not yet due and payable. 2010 taxes: 1st Installment is not yet due and payable. All general real estate taxes before 2009 are paid. End of Schedule B. ISSUED BY Jay A. Slutzky 7749 N. Milwaukee Avenue Niles,IL 60714 qb (847)967-7979 2061 Ji/ _.11(L aillAr` Member No. ature Inr a .er or •uthorized Sip'0,, ATG FORM 1021-06 FOR USE I : ALL STATES © ATG(vor) Prepared by ATG REsource® Page 1 of 1 • • ENDORSEMENT ATTORNEYS' TITLE GUARANTY FUND, INC. Policy No.:090206100108-01 State Issued:IL STANDARD EXCEPTION WAIVER ENDORSEMENT 2 (COMMERCIAL OR VACANT PROPERTY) This endorsement shall be effective only if the insured premises is vacant land or is improved with residential property (other than condominium property)containing seven(7)or more units or other non-residential property. Standard Exceptions 1-5 have been deleted. This endorsement is issued as part of the policy. Except as it expressly states, it does not: (i)modify any of the terms and provisions of the policy; (ii)modify any prior endorsements;(iii) extend the Date of Policy;or(iv)increase the Amount of Insurance.To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.Otherwise,this endorsement is subject to all of the terms and provisions of the .. 'cy and of an prior e rsem- ICS March 2,2010 2061 Date Member No. . .4";a or Authorized Signal, ATG FORM 2067 ' B ATG(REV.1/98) Prepared by ATG REsourcee FOR USE I - ALL STATES 4, i /OIL: Village of c�Vlorton grove ;5 . Office of the Corporation Counsel Telephone 847/663-3003 Fax 847/965-4162 January 6, 2009 Mr. Jay A. Slutzky 7749 N. Milwaukee Avenue Niles, Illinois 60714 RE: 6410 Chestnut, Morton Grove, Illinois VIA FAX 847/967-7984 Dear Jay: I am in receipt of your January 5, 2010, correspondence. Pursuant to this document, you stated the tenant will not vacate the premise until Sunday. January 17, 2010. You have asked the closing of this property be moved to January 26 or January 27, 2010. I do not believe there will be a problem postponing the closing but I would like to address this issue before the Village Board of Trustees. The Village is required to post an escrow of$1 million pending the demolition of the building on this site. To protect the Village, I propose these funds be deposited in the escrow only after the Village has received assurances the tenant has vacated the property, and the demolition of the building will begin within 24 hours. Please let me know if this is acceptable to Mr. Battista. � r Sincerely; // r , Teresa HO fman Liston Corpoyation Counsel Legal\real estate16410 Chestnut,Slutzk—escrow 01-06-I0 THL/sl Cc: Village President and Board of Trustees Joseph F. Wade, Village Administrator Ryan Horne, Finance Director/Treasurer Richard T. Flickinger Municipal Center 6101 Capulina Avenue • Morton Grove, Illinois 60053-2985 A Tel: (847) 965-4100 Fax: (847) 965-4162 Tw OF Rc.ydcd Paper •01/05/10 13:19 FAX 847 967 7984 - LAW OFFICES _ el 001 JAY A. SLUTZKY Attorney at Law 7749 N. MILWAUKEE AVENUE, NILES, EL 60714 (847)967-7979 FAX M47)967-7984 E_ ,•jays[utzky@yahoa.com DATE: January 5, 2010 FACSIMILE MESSAGE TO: Terry Liston FIRM: Village Morton Grove FAX NO: 847-9654162 RE: 6410 Chestnut NO. OF PAGES (INCLUDING THIS COVER PAGE): 2 PLEASE CALL US IF THE COPIES OF THIS MESSAGE ARE NOT LEGIBLE OR IF YOU DO NOT RECEIVE ALL OF THE PAGES. COMMENTS: Terry, The Escrow number for the joint order escrow is 10-6879. Please insert that at the top of the escrow form and fax to me with your signature. Also, DO NOT use the wire instructions I previously faxed to you. That is for the closing department. THE CORRECT WIRE INSTRUCTIONS to the Escrow Department is attached. I talked to Guy. lie said the tenant is not moving out until January 16th or 17th. He will need at least a week to complete demolition of the building. Accordingly, we should move the closing date January 26th or 27th. Jay UNLESS OTHERWISE INDICATED OR OBVIOUS FROM TEE NATURE OF TAR TRANSMITTAL,THE INFORMATION CONTAINRD IN THIS FACSIMILE MESSAGES ATTORNEY PRIVILEGED AND CONFIDENTIAL INFORMATION INI@IDED FOR THE LSE OP THE DDIYIHOAL OR arm,NAMED ABOVE. IF THE READER OR REC@DINT OF TI$ERANSAIT[AL IS NOT THE EMENDED RECIPIENT,OR AN EMPLOYEE OR AGENT RESPONSIBLE TO DELIVER IT TO T?$M ENDE) RECIPIENT,YOU ARE REMEDY NOTDSLEO THAT ANY D DEFSECNATION,DISTRIBUTION OR COPYING OF THIS COmmUNICATHW S flinty nOREET ED.II' YOU HAVE RECEIVE)THIS COMMUNICATION LN ERROR,PLEASE IMMEDIATELY NOTIFY IS BY TELEPHONE TO ARRANGE THE RETURN OF THE ORIGINAL MESSAGE TO US AT NO COST TO YOU.THANK TOIL • 01/05/10 13:19 FAX 847 9.87 7984 LAW OFFICES La 002 :AN-05-2010 13: 16 P.01/01 Attorneys' Title Guaranty Fund, Inc. Wire Instructions To Whom It May Concern, When wiring funds to Attorneys'Title Guaranty Fund, Inc. Individual Escrow Account, please use the following wire instructions: Bank of America 100 W. 33M St New York, NY 10001 ABA # 026009593 Attorneys' Title Guaranty Fund, Inc., Individual Escrow Account ACCT# 5800969395 Reference Escrow No. 10-6879 Sincerely, Amy Guthrie Tex Specialist Attorneys'Title Guaranty Fund, Inc. 1 S. Wacker Dr.,248 Floor Chicago,IL 60606 P: 312-752-1245 F: 312-224-0314 TOTRL F.01 JAN 1 3 2010 I) JAY A. SLUTZKY J Attorney at Law VILLAGE OF MORTON GROVE 7749 N. MILWAUKEE AVENUE, NILES, IL 60714-4733 (847) 967-7979 FAX(847)967-7984 E-mail:jayslatzky@yahoo.com January 8, 2010 By Facsimile 847-965-4162 & First Class Mail Teresa Hoffman Liston Corporation Counsel Village of Morton Grove 6101 Capulina Ave. Morton Grove, IL 60053 Re: Battista sale to Village of Morton Grove 6410 Chestnut, Morton Grove, IL Dear Terry: I received your letter of January 6, 2010, in the mail. It was not faxed to me. Guy Battista agrees with your proposal regarding the deposit of escrow funds. However, Guy informs me that they are waiting for the lab results regarding any asbestos in the property before Cook County will issue the demolition permit. The samples are in the lab for testing. Based on the demolition permit issue, Guy does not believe he will receive the demolition permit until the week of January 25th. As soon as Guy has received the permit, we will notify you that he is prepared to start the demolition within 24 hours so that you can deposit the purchase funds in the escrow. Obviously, if Cook County does not issue the demolition permit until the week of January 25th, we will have to put the closing back a few more days as necessary. curs very truly, a0( .I0 �. el A. SLdTZKY JASies Enc. ATTORNEYS' OMC: 090206100108 TITLE GUARANTY FUND. INC. CHAMPAIGN, ILLINOIS COMMITMENT FOR TITLE INSURANCE Attorneys' Title Guaranty Fund, Inc., an Illinois corporation ("ATG®"), for a valuable consideration, commits to issue its policy or policies of title insurance, as identified in Schedule A, 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 and compliance with the Requirements;all subject to the provisions of Schedules A and B and to the Conditions of this Commitment. 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 by ATG. All liability and obligation under this Commitment shall cease and terminate six months after the Effective Date or when the policy or policies committed for shall issue, whichever first occurs, provided that the failure to issue the policy or policies is not the fault of ATG. ATG will provide a sample of the policy form upon request. This Commitment shall become effective and binding when Schedule A and Schedule B and any endorsements are signed by a title insurance agent or other authorized signatory of ATG. CONDITIONS 1. The term mortgage,when used herein, shall include deed of trust,trust deed,or other security instrument. 2. If the proposed Insured has or acquired actual knowledge of any defect, lien, encumbrance, adverse claim or other matter affecting the estate or interest or mortgage thereon covered by this Commitment other than those shown in Schedule B hereof, and shall fail to disclose such knowledge to ATG in writing, ATG shall be relieved from liability for any loss or damage resulting from any act of reliance hereon to the extent ATG is prejudiced by failure to so disclose such knowledge. If the proposed Insured shall disclose such knowledge to ATG, or if ATG otherwise acquires actual knowledge of any such defect, lien, encumbrance, adverse claim or other matter, ATG at its option may amend Schedule B of this Commitment accordingly, but such amendment shall not relieve ATG from liability previously incurred pursuant to paragraph 3 of these Conditions. 3. Liability of ATG under this Commitment shall be only to the named proposed Insured and such parties included under the definition of Insured in the form of policy or policies committed for and only for actual loss incurred in reliance hereon in undertaking in good faith (a) to comply with the requirements hereof, or(b)to eliminate exceptions shown in Schedule B, or(c)to acquire or create the estate or interest or mortgage thereon covered by this Commitment. In no event shall such liability exceed the amount stated in Schedule A for the policy or policies committed for and such liability is subject to the insuring provisions and Conditions and the Exclusions from Coverage of the form of policy or policies committed for in favor of the proposed Insured which are hereby incorporated by reference and are made a part of this Commitment except as expressly modified herein. 4. This Commitment is a contract to issue one or more title insurance policies and is not an abstract of title or a report of the condition of title. Any action or actions or rights of action that the proposed Insured may have or may bring against ATG arising out of the status of the title to the estate or interest or the status of the mortgage thereon covered by this Commitment must be based on and are subject to the provisions of this Commitment. 5. The policy to be issued contains an arbitration clause. All arbitrable matters when the Amount of Insurance is $2,000,000 or less shall be arbitrated at the option of either ATG or the Insured as the exclusive remedy of the parties. You may review a copy of the arbitration rules at www.alta.org. ATG FORM 1000-06 O ATG(1/07) 'ATG"is a registered trademark of Attorneys'Title Guaranty Fund,Inc. Page 1 of 1 ATTORNEYS' TITLE GUARANTY FUND, INC. ATG® COMMITMENT FORM-SCHEDULE A Commitment No.: 090206100108 State Issued: 11_, File Name: 1. Effective Date: November 12,2009 2. Policy or policies to be issued: Owner's Policy: 2006 ALTA Owner Policy Amount:$1,050,000.00 Proposed Insured: Village of Morton Grove Loan Policy: 2006 ALTA Loan Policy Amount: Proposed Insured: 3. The estate or interest in the land described or referred to in this Commitment is a Fee Simple (if other, specify same) and title thereto is at the effective date hereof vested in: First National Bank of Niles under Trust Agreement dated January 11, 1990,and known as Trust No. 535 4. The land referred to in the Commitment is described as follows: The South 120 feet of Lots 8, 9, 10 and 11 in Block 1 in Morton Grove,being a Subdivision of the East 4.63 chains of that part of the Northeast 1/4 lying South of Gross Point Road and of the North 3 acres of the East 10 acres of the North 1/2 of the Southeast 1/4 of Section 19, and that part of the Northwest 1/4 of Section 20,lying South of Gross Point Road and West of the Chicago,Milwaukee,and St.Paul Railroad,in Township 41 North,Range 13,East of the Third Principal Meridian, in Cook County,Illinois. ISSUED BY Jay A. Slutzky 7749 N.Milwaukee Avenue Niles, IL 60714 (847)967-7979 2061 -. Member No. OF Signatu of Member or Authoria atory . Si_' ATG FORM 1001-06 FOR USE IN: ALL STATES ®ATG(1/07) Prepared by ATG REsourcea Page 1 of 1 ATTORNEYS' TITLE GUARANTY FUND, INC. ATG® COMMITMENT FORM-SCHEDULE B Commitment No.: 090206100108 Effective Date: November 12, 2009 State Issued: IL File Name: SECTION I REQUIREMENTS The following requirements must be met: 1. Pay the agreed amounts for the interest in the Land and/or the mortgage to be insured. 2. Pay us the premiums,fees, and charges for the policy. 3. Documents satisfactory to us creating the interest in the Land and/or the mortgage to be insured must be signed, delivered, and recorded. 4. You must tell us in writing the name of anyone not referred to in this Commitment who will get an interest in the Land or who will make a loan on the Land. We may then make additional requirements or exceptions. 5. If ATG is acting as closing agent on behalf of the proposed Insureds,the following additional requirements must be satisfied at or prior to the closing: a. The borrower and seller must bring a valid government issued photo ID bearing their signature to the closing. b. Each seller must provide a valid forwarding address and social security number to be submitted to the IRS for 1099 purposes. c. Payoff letters must be current and not subject to additional terms. We reserve the right to verify payoff figures prior to disbursement. Any additional funds required to satisfy a lien in full must be deposited by the parties involved immediately. d. All funds brought to closing must be in the form of wire transfer, certified or cashier's check. 6. Note for information: The land lies within the area designated under the predatory lending database program(765 ILCS 77/70, et seq.). A Compliance Certificate or an Exempt Certificate must be obtained from the Illinois Department of Financial and Professional Regulation and recorded simultaneously with the mortgage to be insured hereunder. If the certificates are not obtained, the policy or policies to be issued will be subject to the following exception: "Consequences of the failure to obtain and record a Certificate of Compliance or an Exempt Certificate as required pursuant to the predatory lending database program (765 ILCS 77/70,et seq.)". 7. a. To waive Standard Exception No. I ("Right or claims of parties in possession not shown by the public records")from the owner policy, furnish ATG with an ALTA Statement and a land survey made in accordance with the "Minimum Standard Detail Requirements for Land Title Surveys" as adopted by ALTA/ACSM, made within six months of the date of this commitment. In addition to matters disclosed by the ALTA Statement, the following will appear in lieu of Standard Exception No.1, unless satisfactory disposition thereof is otherwise made: "Rights of public or quasi-public utilities,if any,in the land." NOTE: To establish the nonexistence of such rights, obtain a letter from the official of the municipality in charge of water mains, sewers,etc.,such as the village engineer, stating that there are no water mains, sewers etc, in the said land. ISSUED BY Jay A. Slutzky 7749 N. Milwaukee Avenue Niles, IL 60714 (847)967-7979 2061 _/ Member No. area e o Member or Ant',sr-1 _d Signatory ATG FORM 1002-06 FOR USE IN ALL STATES ®Arc(1101} Prepared by ATG REsource® Page 1 of 4 "Existing leases and tenancies,and rights of tenants thereunder, and those claiming by,through, or under those tenants." NOTE: All existing unrecorded leases affecting the land should be produced for ATG's inspection, and this commitment is subject to such further exceptions, if any, as may be deemed necessary. If there are no unrecorded leases affecting the land, provide an affidavit to this effect by the owner of the land. b. To waive Standard Exception No. 2 ("Encroachments, overlaps, boundary line disputes, and any matters which would be disclosed by an accurate survey and inspection of the premises.") from the owner policy, furnish ATG with a land survey made in accordance with the "Minimum Standard Detail Requirements for Land Title Surveys" as adopted by ALTA/ACSM, made within six months of the date of this commitment, and this commitment is subject to such further exceptions, if any, as may then be deemed necessary. c. To waive Standard Exception No. 3 ("Easements, or claims of easements, not shown by the public records") from the owner policy, supply ATG with a survey in compliance with the requirements noted in Standard Exception No. 2 above. In addition to matters disclosed by the survey, the following exceptions will appear in lieu of the Standard Exception No. 3 unless satisfactory disposition thereof is otherwise made: (a)Rights of public or quasi-public utilities,if any, in the land. Note.To establish the nonexistence of such rights, comply with the requirements as set out under Standard Exception No. a,above. d. To waive Standard Exception No. 4 ("Any lien, or right to a lien for services, labor or materials heretofore or hereafter furnished, imposed by law and not shown by the public records") from the owner policy,furnish ATG with the following: (a) An ALTA Statement, or its equivalent, executed by all parties holding title to the land during the six months preceding the date of the policy and the purchasers,if any; (b) Satisfactory evidence of the payment in full of the cost of furnishing services, labor and materials in connection with any improvement made on the land within six months of the date of the policy; (c) Satisfactory indemnification, as may be required. e. In order to waive Standard Exception No. 5 ("Taxes or special assessments that are not shown as existing liens by the public records"), a current special assessment search must be provided. SECTION H EXCEPTIONS Any policy we issue will have the following exceptions unless they are taken care of to our satisfaction: Standard Exceptions 1. Rights or claims of parties in possession not shown by the Public Records. 2. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land. The term "encroachment" includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land. 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;and 5. Taxes or special assessments that are not shown as existing liens by the Public Records. ATG FORM 1002-06 ®ATG(NM Prepared by ATG REsource® FOR USE IN:ALL STATES Page 2 of 4 Special Exceptions I. Defects, liens, encumbrances, adverse claims, or other matters, if any, created, first appearing in the Public Records, or attaching subsequent to the Effective Date hereof but prior to the date the proposed Insured acquires for value of record the estate or interest or mortgage thereon covered by this Commitment. 2. Any loan policy issued pursuant to this Commitment will be subject to the following exceptions (a) and (b), in the absence of the production of the data and other matters contained in the ATG ALTA Statement form or an equivalent form: a. Any lien,or right to a lien, for services, labor,or material heretofore or hereafter famished,imposed by law and not shown by the Public Records; b. Consequences of the failure of the lender to pay out properly the whole or any part of the loan secured by the mortgage described in Schedule A, as affecting: (i) the validity of the lien of said mortgage; and (ii) the priority of the lien over any other right, claim, lien, or encumbrance that has or may become superior to the lien of said mortgage before the disbursement of the entire proceeds of the loan. 3. Payment of the fall consideration to,or for the account of,the grantors or mortgagors for the estate or interest to be insured. 4. Recordation or registration of duly executed and delivered instruments sufficient to create the estate or interest to be insured. 5. The lien of taxes for the year 2008 and thereafter. �V� Permanent Index No. 10-19-203-022-0000 2 AQ W 2008 taxes: 1st Installment of$1,043.17 is paid. !/ , • ' reirr 2nd Installment of$1,087.45 is not paid and is due December I,2009. (,IJ cS T'� 2009 taxes: 1st Installment is not yet due and payable. All general real estate taxes before 2008 are paid. - S 0. -'e The lien of taxes for the year 2008 and thereafter. `"' ppRcFC Permanent Index No. 10-19-203-023-0000 2008 taxes: 1st Installment of$1,043.17 is paid. 2nd Installment of$1,087.45 is not paid and is due December 1, 2009. / r "� ^/1_ _" )_ T p 2009 taxes: 1st Installment is not yet due and payable. /q 1 90 xes: 1st Installment$43.99 isi unpaid — ✓ ( C 2nd Installment$50.99 is unpaid. Forfeitted 2/5/92-Open /51 ''1cr � it .`Q `° 1 ( S `/tee The lie of taxes for the year 2008 and thereafter. �C Permanent Index No. 10-19-203-025-0000 k 2008 taxes: 1st Installment of$22,680.90 is paid. 2nd Installment of$23,642.39 is not paid and is due December 1,2009. 2009 taxes: 1st Installment is not yet due and payable. All general real estate taxes before 2008 are paid. 6. Mortgage dated September 26,2002,and recorded November 13, 2002, as Document No. 0021248978,made by Fifth Third Bank as successor trustee to First National Bank of Niles dated 1/11/1990 uta 535, and given to MB Financial Bank to secure a / note in the original principal amount of$400,000.00 and such other sums as provided therein but not to exceed$800,000.00. Note: Affects the East 25 feet of the South 120.0 feet of Lot 8 and the South 120.0 feet of Lots 9, 10, 11. 7. Assignment of Rents recorded November 13,2002,as Document No. 0021248979. Note: Affects the East 25 feet of the South 120.0 feet of Lot 8 and the South 120 feet of Lots 9, 10, 11. 8. Modification of Mortgage dated October 5, 2003, and recorded December 10, 2003, as Document No. 0334440102 regarding Mortgage Numbers 0021248978 &0021248979. Note: Affects the East 25 feet of the South 120.0 feet of Lot 8 and the South 120.0 feet of Lots 9, 10, 11. (0? ?`A (�� ATG FORM 1002-06 FOR USE IN' ALL STATES ®ATG(I/O?) Prepared by ATG REsource° Page 3 of 4 9. Modification of Mortgage dated October 5,2004, and recorded January 26,2005,as Document No. 0502649084 regarding Mortgage Numbers 0021248978 &0021248979. Note: Affects the East 25 feet of the South 120.0 feet of Lot 8 and the South 120.0 feet of Lots 9, 10, 11. 10. Modification of Mortgage October 5,2005,and recorded December 21, 2005,as Document No. 0535556007 regarding Mortgage Numbers 0021248978 &0021248979. Note: Affects the East 25 feet of the South 120.0 feet of Lot 8 and the South 120.0 feet of Lots 9, 10, 11. 11. Loss or damage by reason of there being recorded in the public records, any deeds,mortgages,lis pendens,liens or other title encumbrances subsequent to the Commitment date and prior to the effective date of the final Policy. 12. Rights of a property manager, if any,to a statutory lien on the premises for its property manager's fee. Note: Furnish ATG with an affidavit by the owner stating that there is no property manager for the insured premises.In the absence thereof;provide a waiver of lien by the property manager covering the date of recording of the deed and mortgage to the insured. 13. All commercial endorsements must be approved by an ATG underwriter. � l�; lll ' (3 ( . / End of Schedule B t LATE -" FT,— Tric ti� ATG FORM 1002-06 FOR USE IN_ ALL STATES ®ATG(107) Prepared by ATG REsourceo Page 4 of 4 ATTORNEYS' TITLE GUARANTY FUND, INC. ATG® COMMITMENT FORM -NOTES Commitment No.:090206100108 State Issued: IL Notes for Information Except as specifically described herein, no assurance shall be implied beyond the Conditions and Stipulations referred to in the commitment or policy. In order to obtain coverage under the policy,it is necessary to comply with the following requirements,if any, shown below: A. Standard Exception Waiver Endorsement 2 will be approved for issuance with the Owner Policy upon inspection of a current ALTA survey,receipt of a signed Composite Mortgage Statement(ALTA),a check of the special assessment and knowledge that no one owns the property adversely. End of Notes for Information fr• 2061 -is / AII_ _ t �Z Member No. !lgna f9'of em:er or Autholize.l _• at. ATG FORM NFI FOR US IN ALL ®ATG(6102) Prepared by ATG REsource® : STATES Fax Call Report HP Color LaserJet CM3530 MFP Series Page 1 Fax Header Information Village of Morton Grove 847-965-4162 2010-Jan-29 03:43 PM Job Date/Time Type Identification Duration Pgs Result 1484 2010-Jan-29 03:42 PM Send 913122240314 0:35 1 Success 01/27/10 13:24 PAX 847.967 7081 LAW OFFICES _ ®002__ ATTORNEYS'MIL GUARANTY FUND.NC. o CEAO4PAION ❑ CHICAGO 0 WISCONSIN • NOB Worries 15na Weeew0dre,14 Fleet 41.1 WWI4 IAn. • PD.9r913e Cries IL WM6 BIMI e,WI n/CO-vw osier*.11.6106.9.136 31117]}361 10O,790489 wale/MAO 699552.0401w 11715920O9 Fos 31/S711501 Frt0/]16d950 Fee 717.359.2014 090206100108 JOINT ORDER ESCROW INSTRUCTIONS Escrow Number. /0-'64-2 9 ATO Member Nome'. .TAY A. SLff1ZRY Member No.: 2061 Dom 12/21/09 TO:ATTORNEYS'TITLE GUARANTY FUND,INC.(Eraowee) ' The uodersigori or their representatives hereby deposit the=mutt of atm ICZfl9 DEARS 31,000,000.00Zwbb you Thew funds ere to be held until the date of =SING You are hereby authorized End directed to bold ibis mooted with you receive a wrinm direction frombomtbe mdmeiped Buyers and Sellers or their npemorativn to disburse said Nods. In dm weer ofadbpure among me Buyers,Sellers,rEsmowee.Esaowee is hereby e idh0AllslmsnkawmemdafiomtbsamokCOm1 as to bow to proceed.An escrow the of 53011 ,0 attorneys'fats end court costs brined by Altomons'nth Quemmy Fund,ku will be shared equals between1±0BUyas and Sellers,w4kh wry be paid unstained byEsamveeolsofdmawmvedEo ds.lflboma^amlwds we intUfBeitotbrpoy the escrow dm ertsneyr@et,and miutcmu,theoetedg ed shell deposit wittheEsomwee eared' addiWml fouler to IRdellmIF1'or reimbone ESCNwee fir 5IC31 escrow tbs.attorneys'Mts.®d mat oasts. Esrowee*ball be under no dory to huveet my fonds deposited haemdawifaer®spree writlm direction from both then das6md Buyers and Wen or their representatives. , B I'. •r REPRESENTATIVE -+.•r r REPRESENTATIVE ' ! r , Its ITl' Slgnemr 7749 N. KOATABREa AVE. 047-967-797' Signature Street Yom 6101 ran^TSa AVE. 847-470-5220 HIIffi IL 60714 Street Phone City Stele rip 5011= cam IL 60053 City State Zip A )tle By {,/G 'L'7// we16eru1emsn PAf,E51'RC/DAT rf 6d 014411 FlirattS mdardlber 5YR{IIAX4RM'011t014'cSD.&71e/N4'DWATIONQmS)A6ffi �.�17/10 12:13 FAX 847 967 7984 LAW OFFICES 001 JAY A. SLUTZKY Attorney at Law 7749 N. MILWAUKEE AVENUE, NILES, IL 60714 (847)967-7979 FAX(847)967-7984 E ma fayslutzkvGyahoo.com DATE: February 17, 2010 FACSIMILE MESSAGE TO: Teresa Hoffman Liston FIRM: Village of Morton Grove FAX NO: 847-965-4162 RE: Battista - 6410 Chestnut closing NO. OF PAGES (INCLUDING THIS COVER PAGE):-7 PLEASE CALL US IF THE COPIES OF THIS MESSAGE ARE NOT LEGIBLE OR IF YOU DO NOT RECEIVE ALL OF THE PAGES. COMMENTS: Attached is the closing statement and some of the other closing documents for your review. The only buyer costs are 1/2 closing fee $500.00, 1/2 joint order escrow fee $150.00 and recording of the deed$48.00. Credit for 2009 2nd installment$22,762.94 and 2010 $6929.37 leaves a balance, according to my calculation, of $21,005.69 from the $50,000.00 remainder of the purchase price. If you want you may wire the balance to ATG prior to the closing please feel free to do so_ Let me know if the funds are wired. Will see you Friday at 2:00 in my office. Jay UNLESS 0 HERwISE UCICATED OR 07PIOOS FROM THE NATURE OP THE TRANSMITTAL,119E INFORMATION CONTAINED IN IRIS L ACSUHI r MESSAGE IS ATTORNEY PRIYHBGED AND CONFIDENTIAL INFORMATION RfIENDEO FOR THE USE OP TIM INDIVIDUAL OR ENTTri NAMED AEOVS IF 196 READER OR R6CRffifr OF THIS TRANSSU TAL IS NOT TEST MINDED DED RHCIEN T,OR AN EMPLOYEE OR AGENT RESTONSIRi t TO DELVER IT TO TIM INTENDED RECIPIENT,YOU ARE HkRSEY NOTIFIED THAT ANY DISSEICNATION,DISTRIEVIION OR COPYING OR TSSS COWTflCC TION IS STRICTLY PROHIBITED.IF YOU HAVE RECEIVED THIS COMMUNICATION M ERROR,PLEASE DIMEMATELY NOTIFY TIE EY 7ELETI O2 E TO ARRANGE THE RETURN OF TOE ORIGINAL bffiSACE TO IN AT NO COST TO YON.THANE YOU. 02/18/10 11:46 FAX 847 967 7984 LAW OFFICES a001 JAY A. SLUTZKY ,Attorney at Law 7749 N. MILWAUKEE AVENUE, NILES, IL 60714 (847)967-7979 FAX(847)967-7984 E-ntail:Jaystudky@yahoo.cant DATE: Feb , 2010 FEB i S Z010 a FACSIMILE MESSAGE ?a'2 a c TO: Teresa Hoffman Liston COG( � ( .v� FIRM: Village of Morton Grove FAX NO: 847-965-4162 RE: Battista- 6410 Chestnut closing 3 NO. OF PAGES (INCLUDING THIS COVER PAGE):' PLEASE CALL US IF THE COPIES OF THIS MESSAGE ARE NOT LEGIBLE OR IF YOU DO NOT RECEIVE ALL OF THE PAGES. COMMENTS: A t t a c h e d is the closing s t a t e m e n t and some of I - • r closing documents for your review. The only buyer costs are 1/2 dos'•1 _ II.00, 1/2 joint order escrow fee $150.00 and recording of the deed$48.00. C - •r 2009 2nd installment$22,762.94 and 2010 $6929.37 leaves a balance, accordin! .. my calculation, of $21,005.69 from the $50,000.00 remainder of the purchase pri -. f you want you may wire the balance to ATG prior to the closing please feel free to = • so. Let me know if the funds are wired. Will see you - a .y at 2:00 in my office. ,t Jay UNLESS OTHERWISE RNHpTED OR OBI IOUS PROD[THE NATURE OF TEE TRATENI TTAL,THE INFORMAT ION CONTAINED IN THIS FACSIMILE MESSAGE ATTORNEY TRIVUEGEI AND CONFIDENTIAL INFORMATION INTENDED FOR THE USE OF THE INDIVIDUAL OR ENTITY NAMED ABOVE IF THE READER OR seam: a OF THIS THATa9ATITAI.IS NOT TEE INTENDED RECIPIENT.OR AN EMPLOYEE OR AGENT RESPONSIBLE TO DIENYER IT TO THE MENDED RECIPIENT,YOU ARE HEREDY NOM=THAT ANY DISSEMINATION,DISTRBNTON OR COPYING OF THIS COMMUNxcATNIN IS sTHICD.Y P*flHT ➢. IF YOUHATS RECEIVED THIS COMMUNICATION IN ERROR,PLEASE IOMEDIATE.Y NOTIFY US HT TELEPHONE TO ARRANGE TAE RETURN OF THE ORIGINAL MESSAGE TO US AT NO COST TO YOU.THAME YOU, 02/18/10 11:46 FAX 847 967 7984 _ LAW OFFICES al002 TRUSTEE'S DEED This indenture made this 16Th day of FEBRUARY 2010, between CHICAGO TITLE LAND TRUST COMPANY, a corporation of Illinois, successor trustee to Fifth Third Bank, as trustee under the provisions of a deed or deeds in trust, duly recorded and delivered to said company in pursuance of a trust agreement dated the 11 day of JANUARY 1990 and known as Trust Number 535 party of the first part, and VILLAGE OF MORTON GROVE, A MUNICIPAL CORPORAliON —WHOSE ADDRESS IS: 6101 CAPULINA AVE., MORTON GROVE, IL. 60053, party of the second part Reserved for Recorder's Office WITNESSETH,That said party of the first part,in consideration of the sum of TEN and no/100 DOLLARS($10.00)AND OTHER GOOD AND VALUABLE considerations in hand paid,does hereby CONVEY AND QUITCLAIM unto said party of the second part,the following described real estate,situated in COOK County,Illinois,to wit: THE SOUTH 120 FEET OF LOTS 8,9, 10 AND 11 IN BLOCK 1 IN MORTON GROVE, BEING A SUBDIVISION OF THE EAST 4.63 CHAINS OF THAT PART OF THE NORTHEAST 1/4 LYING SOUTH OF GROSS POINT ROAD AND OF THE NORTH 3 ACRES OF THE EAST 10 ACRES OF THE NORTH 34 OF THE SOUTHEAST Y. OF SECTION 19, AND THAT PART OF THE NORTHWEST 14 OF SECTION 20, LYING SOUTH OF GROSS POINT ROAD AND WEST OF THE CHICAGO, MILWAUKEE, AND ST. PAUL RAILROAD, IN TOWNSHIP 41 NORTH,RANGE 13, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY,ILLINOIS. PROPERTY ADDRESS: 6410-18 CHESTNUT,MORTON GROVE,IL.60053 PERMANENT TAX NUMBER: 10-19-203-022-0000; 10-19-203-023-0000; 10-19-203-025-0000 together with the tenements and appurtenances thereunto belonging. TO HAVE AND TO HOLD the same unto said party of the second part, and to the proper use, benefit and behoof forever of said party of the second part. This deed is executed pursuant to and in the exercise of the power and authority granted to and vested in said trustee by the terms of said deed or deeds in trust delivered to said trustee in pursuance of the trust agreement above mentioned. This deed is made subject to the lion of every trust deed or mortgage (if any there be) of record in.said county given to secure the payment of money, and remaining unreleased at the date of the delivery hereof. IN WITNESS WHEREOF, said party of the first part has caused its corporate seal to be hereto affixed, and has caused its name to be signed to these presents by its Trust Officer the day and year first above written. CHICAGO TITLE LAND TRUST COMPANY, as Trustee as Aforesaid e". iviJ r4"6 o c. : By: 3. CORPORATE :,i„. Trust • a-r C. %� / 02/18/10 11:46 FAX 847 967 7984 LAW OFFICES 2003 State of Illinois County of Cook SS. I, the undersigned, a Notary Public in and for the County and State aforesaid, do hereby certify that the above named Trust Officer of CHICAGO TITLE LAND TRUST COMPANY, personally known to me to be the same person whose name is subscribed to the foregoing instrument as such Trust Officer appeared before me this day in person and acknowledged that he/she signed and delivered the said instrument as his/her own free and voluntary act and as the free and voluntary act of the Company; and the said Trust Officer then and there caused the corporate seal of said Company to be affixed to said instrument as his/her own free and voluntary act and as the free and voluntary act of the Company. Given under my hand and Notarial Seal this 167" day of FEBRUARY 2I[ 0/ - NOTr'Y P,9' C This instrument was prepared by: Tor Mio . CHICAGO TITLE LAND TRUST COMPANY- 'k�'CC P�8N 9% 171 NORTH CLARK STREET#575 nc �qr ,_ Chicago,IL 60601 +°4444 7.2 AFTER RECORDING, PLEASE MAIL TO: NAME ADDRESS CITY, STATE, ZIP-CODE OR BOX No. SEND TAX SILLS TO: NAME ADDRESS CITY, STATE, ZIP-CODE CONTRACT FOR THE PURCHASE OF VACANT LAND LOCATED AT 6410 CHESTNUT STREET, MORTON GROVE, ILLINOIS BETWEEN THE VILLAGE OF MORTON GROVE AND GUY BATTISTA The VILLAGE OF MORTON GROVE, a municipal corporation and a home rule unit of government located in Cook County, Illinois ("Village" or"Buyer") hereby agrees to purchase and Guy Battista ("Seller") hereby agrees to sell that property commonly known as 6410 Chestnut Street, Morton Grove, Illinois and legally described in Exhibit A and all improvements thereon ("the real estate") pursuant to the following terms and conditions: 1) PURCHASE PRICE: The Village shall pay Seller the sum of one million fifty thousand dollars ($1,050,000) to be paid as follows: A Within two (2) business days of the execution and delivery of this Contract, the Village shall deposit with the Seller's attorney the sum of One Thousand Dollars ($1, 000.00) as and for"Earnest Money". B Payment at Closing. The balance of the Purchase Price, as adjusted by agreed or customary credits and prorations including tax prorations, security deposits, and unpaid utilities shall be paid in good funds at Closing. 2) CLOSING: The Closing shall take place no later than December 18, 2009, at a location mutually agreed upon by the Village and the Seller. 3) CONTINGENCY PERIOD AND INSPECTIONS. A The Seller shall make available to Village for Village's inspection, copies of all leases, contracts, rent rolls, surveys, environmental reports, soils tests, maps and plats for the subject property in its possession and control before 5:00 pm on October 23, 2009. B The Village and its agents shall have until 5:00 PM on October 23, 2009 (the "Contingency Period") to conduct, at Village's sole cost and expense and subject to the terms hereof, its "Inspection" of the Subject Property which may include without limitation physical inspections, asbestos sampling, surveys, soils tests, site analyses, engineering studies, examinations of the building and improvements thereon (including structural and mechanical tests) environmental studies and investigations and appraisals. C The Village may terminate this Contract for any reason during the contingency period and in such event, the Earnest Money (and any interest earned thereon) shall be returned to Village. D Seller represents and warrants the real estate shall be vacant at closing: 4) TAX PRORATIONS: The Seller shall be responsible for payment of all real estate taxes through the date of closing. Taxes through the date of closing which are not yet ascertainable shall be prorated at 150% of the most recent ascertainable full year taxes, and Contract for the Purchase of 6410 Chestnut Street Page 2 of 5 shall be re-prorated when the actual bill is made available. 5) TITLE: At Seller's expense, Seller will deliver or cause to be delivered to the Village within five (5) days in advance of Closing, as evidence of title in Seller, a title commitment for an ALTA title insurance policy in the amount of the Purchase Price with extended coverage by a title company mutually acceptable to the parties issued on or subsequent to the Date of Acceptance of this Contract, subject only to items listed in Paragraph 7. The parties shall each pay their respective usual and customary share of any requested additional title charges and the parties shall equally pay for any closing escrow incurred as a result of this transaction. If the title commitment discloses any exceptions not acceptable to Village, then Seller shall have said exceptions or encroachments removed, or, with the Village's approval, have the title insurer commit to insure against loss or damage that may be caused by such exceptions or encroachments. If Seller fails to have unpermitted exceptions waived or title insured over prior to Closing, Village may elect to take the title as it then is, with the right to deduct from the Purchase Price prior encumbrances of a definite or ascertainable amount as shall be reasonably agreed by the parties. Seller shall furnish Village at Closing an Affidavit of Title covering the date of Closing, and shall sign any other customary forms required for issuance of an ALTA Insurance Policy. 6) SURVEY. Within seven days prior to closing, Seller shall furnish a staked ALTA survey dated within 90 days of closing showing all boundaries, rights of way, easements, and set back lines and evidencing that the property is free of all encroachments. 7) DEED: Seller shall convey or cause to be conveyed to the Village good and merchantable title to the Real Estate by recordable Warranty Deed subject only to: general real estate taxes not due and payable at the time of Closing, covenants, conditions, and restrictions of record, building lines and easements, applicable zoning and building laws, ordinances, restrictions and acts suffered or done by the Village if any, so long as they do not interfere with the current use and enjoyment of the real estate. 8) POSSESSION: At closing, the Seller shall surrender the property devoid of any tenancies and free and clear of any leases. 9) SELLER REPRESENTATIONS: Seller represents that all leases and tenancies have been fully disclosed to Village, that Seller has not received written notice from any Governmental body of(a) zoning, building, fire or health code violations that have not been corrected; (b) any pending rezoning; or(c) a proposed or confirmed special assessment and /or special service area affecting the Real Estate. Seller further represents that Seller has no knowledge of boundary line disputes, easements or claims of easement not shown by the public records, any hazardous waste on the Real Estate or any improvements for which the required permits were not obtained. 10)DEMOLITION: Prior to the closing, the owner shall cause to see the demolition of the structure and all other site improvements including pavement and building foundations. Contract for the Purchase of 6410 Chestnut Street Page 3 of 5 11)MAINTENANCE OF PROPERTY: Prior to the vacancy and demolition of the building, the property (including the building and the grounds) shall be maintained in the same condition as found on the date of the contract, normal wear and tear, excepted. 12)DESTRUCTION OR DAMAGE OF PROPERTY. If prior to the closing, the subject property or any part thereof shall be destroyed or materially damaged by fire or other casualty, the Village shall have the option to terminate this Contract, upon written notice given to the other party within ten (10) days after such material damage. In such an event, the earnest money shall be returned to the Village. If the foregoing option to terminate is not exercised, this Contract shall continue in full force and effect, and the Seller shall assign its interest in any insurance policies covering the property at the time of the fire or casualty to the Village. 13)DEFAULT: Seller shall be responsible for all damages, reasonable costs and expenses including attorney's fees due to the failure of the Seller to comply with the terms of this Contract. The Village shall be responsible for all damages, reasonable costs and expenses, including attorney's fees incurred by the Seller, in excess of any earnest money retained by Seller due the failure of the Village to comply with the terms of this Contract. 14)NOTICE: All notices required shall be in writing and shall be delivered by personal delivery; by certified mail, return receipt requested which shall be effective on the date of mailing; or by sending facsimile transmission which shall be effective as of date and time of facsimile transmission, provided that the notice transmitted shall be sent on business days during business hours (9:00 A.M. to 5:00 P.M. Chicago time). In the event fax notice is transmitted during non-business hours, the effective date and time of notice is the first hour of the first business day after transmission. Notices to the Seller shall be addressed to Seller's attorney: Notices to the Village shall be addressed to Teresa Hoffman Liston, Corporation Counsel, 6101 Capulina Avenue, Morton Grove, Illinois 60053; fax: 847-965-4162. 15) MISCELLANEOUS: A Time is of the essence of this Contract. B The Seller shall pay for all County, State and Municipal transfer taxes to the extent required by law. C All disputes related to the construction or enforcement of these terms and provisions shall be governed by the laws of the State of Illinois and are subject to the covenant of good faith and fair dealing implied in all Illinois contracts. D The terms of this contract and all related negotiations shall be kept confidential to the Contract for the Purchase of 6410 Chestnut Street Page 4 of 5 extent allowed by law until this transaction has closed. E The parties agree to comply with the reporting requirements of the applicable sections of the Internal Revenue Code and the Real Estate Settlement Procedures Act of 1974, as amended. THIS CONTRACT SHALL NOT BECOME EFFECTIVE UNLESS AUTHORIZED BY THE VILLAGE BOARD OF TRUSTEES OF THE VILLAGE OF MORTON GROVE. This Contract has been executed as of , 2009 (the Contract date). "Seller" "Buyer" j GUY BATTISTA VILLAG, • M• ' O ' !"OVE, ILLINOIS By: By: Ai Name: Guy Battista Name: Daniel J. Staackmann Title: property owner Title: Village President Attest: Attest: By: By: /n / Name: Name: Tony S. Kalogerakos - Title: Title: Village Clerk Exhibit A Contract for the Purchase of 6410 Chestnut Street Page 5 of 5 PIN Numbers 10-19-203-022-0000 10-19-203-023-0000 10-19-203-025-0000 INSERT LEGAL DESCRIPTION HERE 11/24/09 11:00 FAX 847 967 7984 LAW OFFICES a 002 CONTRACT FOR THE PURCHASE OF VACANT LAND LOCATED AT 6410-6418 CHESTNUT STREET, MORTON GROVE, ILLINOIS BETWEEN THE VILLAGE OF MORTON GROVE AND GUY AND LUANN BATTISTA The VILLAGE OF MORTON GROVE, a municipal corporation and a home rule unit of government located in Cook County, Illinois ("Village') hereby agrees to purchase and Guy and LuAnn Battista ("Seller') hereby agrees to sell that property commonly known as 6410 Chestnut Street, Morton Grove. Illinois and legally described in Exhibit A and all improvements thereon ('the real estate") pursuant to the following terms and conditions: 1) PURCHASE PRICE: The Village shall pay Seller the sum of one million fifty thousand dollars ` ($1,050,000) to be paid as follows: A Within two (2) business days of the execution and delivery of this Contract, the Village shall deposit with the Seller's attorney the sum of One Thousand Dollars ($1,000.00) as and for "Earnest Money'. B Payment at Closing. The balance of the Purchase Price, as adjusted by agreed or customary credits and prorations including tax prorations, security deposits, and unpaid utilities shall be paid in good funds at Closing. ifi .Tan 19 2009 2) CLOSING: The Closing shall take place after � L $ ?9�at 7749 N. Milwaukee Avenue, Niles, Illinois 60714-4733. 3) CONTINGENCY PERIOD AND INSPECTIONS. A The Seller shall make available to Village for Village's inspection, copies of all leases, contracts, rent rolls, surveys, environmental reports, soils tests, maps and plats for the subject property in its possession and contra/within ten (10) business days after the date the contract is executed. B The Village and its agents shall have until 5:00 PM on November 30, 2009 (the °Contingency Period')to conduct, at Village's sole cost and expense and subject to the terms hereof, its "Inspection" of the Subject Property which may include without limitation physical inspections, asbestos sampling, surveys, soils tests, site analyses, engineering studies, examinations of the building and improvements thereon (including structural and mechanical tests)environmental studies and investigations and appraisals. C The Village may terminate this Contract for any reason during the contingency period and in such event, the Earnest Money (and any interest earned thereon) shall be returned to Village. D Seller represents and warrants the real estate shall be vacant at dosing; 4) TAX PRORATIONS: The Seller shall be responsible for the payment of all real estate taxes prior to closing. The Seller shall pay all of the 2008 real estate taxes at or prior to the closing_ The 2009 and 2010 real estate taxes shall be prorated through the date of closing at 100%of the 2008 11/24/09 11:00 FAX 847 987 7984 LAW OFFICES [ 003 Contract for the Purchase of 6410 Chestnut Street Page 2 of 5 tax bill and shall be re-prorated when the 2009 second installment tax bill is available. Taxes for 2010 shall be,pmrated at 110% of the 2009 bill. At closing,the Seller shall deposit with Seller's attorney, as escrowee, an additional sum equal to 50% of the credit given to Village for the 2009/2010 tax prorations to guarantee the final reproration. 5) TITLE:At Seller's expense, Seller will deliver or cause to be delivered to the Village within five (5) days in advance of Closing, as evidence of title in Seller, a title commitment for an ALTA title insurance policy in the amount of the Purchase Price with extended coverage by a title company mutually acceptable to the parties issued on or subsequent to the Date of Acceptance of this Contract, subject only to items listed in Paragraph 7. The parties understand and agree the Sellers attorney shall order title insurance through Attorneys'Title Guaranty Fund. The parties shall each pay their respective usual and customary share of any requested additional title charges and the parties shall equally pay for any closing escrow incurred as a result of this transaction. If the title commitment discloses any exceptions not acceptable to Village, then Seller shall have said exceptions or encroachments removed, or, with the Village's approval, have the title insurer commit to insure against loss or damage that may be caused by such exceptions or encroachments. If Seller fails to have unpermitted exceptions waived or title insured over prior to Closing, Village may elect to take the title as it then is, with the right to deduct from the Purchase Price prior encumbrances of a definite or ascertainable amount as shall be reasonably agreed by the parties. Seller shall furnish Village at Closing an Affidavit of Title covering the date of Closing, and shall sign any other customary forms required for issuance of an ALTA Insurance Policy. 6) SURVEY. Within seven days prior to closing, Seller shall furnish a staked survey dated 6$ within 90 days of closing showing all boundaries, rights of way, easements, and set back lines and t'a evidencing that the property is free of all encroachments. , 7) DEED; Seller shall convey or cause to be conveyed to the Village good and merchantable title to the Real Estate by recordable Trustee's Deed subject only to: general real estate taxes not due and payable at the time of Closing, covenants, conditions, and restrictions of record, building lines and easements, applicable zoning and building laws, ordinances, restrictions and acts suffered or done by the Village If any, so long as they do not interfere with the current use and enjoyment of the real estate. 8) POSSESSION: At closing, the Seller shall surrender the property devoid of any tenancies and free and clear of any leases. • 9) SELLER REPRESENTATIONS: Seller represents that all leases and tenancies have been fully disclosed to Village,that Seller has not received written notice from any Governmental body of(a) , zoning, building,fire or health code violations that have not been corrected; (b) any pending rezoning; or(c) a proposed or confirmed special assessment and/or special service area affecting the Real Estate. Seller further represents that Seller has no knowledge of boundary line disputes, easements or claims of easement not shown by the public records, any hazardous waste on the Real Estate or any improvements for which the required permits were not obtained. 10)DEMOLITION: Prior to the closing,the owner shall cause to see the demolition of the structure 11/24/09 11:00 FAX 847 967 7984 LAW OFFICES lj004 Contract for the Purchase of 6410 Chestnut Street Page 3 of 5 and all other site improvements including pavement and building foundations., provided within ten (10) business days prior to closing or such earlier date so as to allow for the complete demolition of the improvements on the property, but only after the Village has completed its due diligence pursuant to paragraph 3B of this contract, the Village shall deposit in a Joint Order Escrow Account with Attorneys' Title Guaranty Fund the sum of$1,000,000.00 to guarantee the Village's consummation of the purchase of the property. Interest shall accrue to the benefit of the Village. At the same time, the Village shall execute a document waiving any right it has at thetime to cancel this contract for any reason whatsoever, other than sellers' default under the contract, after demolition of improvements on the property have been started. If the Village fails to complete the closing of this transaction for any reason other than sellers' default under the contract,the Village shall pay to seller as liquidated damages an amount equal to the difference between the sales price at which sellers are able to sell the property as vacant property to another purchaser and the purchase price of this contract, $1,050,000.00. 11)MAINTENANCE OF PROPERTY: Prior to the vacancy and demolition of the building,the property (including the building and the grounds) shall be maintained in the same condition as found on the date of the contract, normal wear and tear, excepted. 12)DESTRUCTION OR DAMAGE OF PROPERTY. If prior to the closing, the subject property or any part thereof shall be destroyed or materially damaged by fire or other casualty, the Village shall have the option to terminate this Contract, upon written notice given to the other party within ten (10)days after such material damage. In such an event, the earnest money shall be returned to the Village. If the foregoing option to terminate is not exercised, this Contract shall continue in full force and effect, and the Seller shall assign its interest in any insurance policies covering the property at the time of the fire or casualty to the Village. 13)DEFAULT: Seller shall be responsible for all damages, reasonable costs and expenses including attorney's fees due to the failure of the Seller to comply with the terms of this Contract. The Village shall be responsible for all damages, reasonable costs and expenses, including attorney's fees incurred by the Seller, in excess of any earnest money retained by Seller due the failure of the Village to comply with the terms of this Contract. 14)NOTICE: All notices required shall be in writing and shall be delivered by personal delivery; by certified mail, return receipt requested which shall be effective on the date of mailing; or by sending facsimile transmission which shall be effective as of date and time of facsimile transmission, provided that the notice transmitted shall be sent on business days during business hours(9:00 A.M. to 5:00 P.M. Chicago time). In the event fax notice is transmitted during non- business hours, the effective date and time of notice is the first hour of the first business day after transmission_ Notices to the Seller shall be addressed to Seller's attorney: Jay A. Slutzky, sellers' attorney, at 7749 N. Milwaukee Avenue, Niles, Illinois 60714(phone 847/967-7979 or fax 847/967-7984) Notices to the Village shall be addressed to Teresa Hoffman Liston, Corporation Counsel, 6101 Capulina Avenue, Morton Grove, Illinois 60053; fax: 847-965-4162. 11/24/09 11:01 FAX 847 967 7984 LAW OFFICES 1 005 Contract for the Purchase of 6410 Chestnut Street Page 4 of 5 15) MISCELLANEOUS: A Time is of the essence of this Contract B The Seller shall pay for all County. State and Municipal transfer taxes to the extent required by law. C All disputes related to the construction or enforcement of these terms and provisions shall be • governed by the laws of the State of Illinois and are subject to the covenant of good faith and fair dealing implied in all Illinois contracts. D The terms of this contract and all related negotiations shall be kept confidential to the extent allowed by law until this transaction has closed. E The parties agree to comply with the reporting requirements of the applicable sections of the Internal Revenue Code and the Real Estate Settlement Procedures Act of 1974, as amended. THIS CONTRACT SHALL NOT BECOME EFFECTIVE UNLESS AUTHORIZED BY THE VILLAGE BOARD OF TRUSTEES OF THE VILLAGE OF MORTON GROVE. This Contract has been executed as of A1vt1F-4:t1f� (?, 2009 (the Contract date). "Seller" `Buyer" GUY BATTISTA LuAnn Battista VILLAGE OF MORTON GROVE, ILLINOIS By: By: Narttr Guy Battista Name: Daniel J. Staackmann Title: property owner Title: Village President Attest By: L Battista By: • Name: property owner Name: Tony S. Kalogerakos Title: Title: Village Clerk 11/,24/09 11:01 FAX 847 967 7984 LAW OFFICES 2006 Contract for the Purchase of 6410 Chestnut Street Page 5 of 5 Exhibit A PIN Numbers 10-19-203-022-0000 10-19-203-023-0000 10-19-203-025-0000 INSERT LEGAL DESCRIPTION HERE JAY A. SLUTZKY Attorney at Law 7749 N. MILWAUKEE AVENUE, NILES, IL 60714 (847)967-7979 FAX(847)967-7984 E-mail:jayslutzky@yahoo.com DATE: November 24, 2009 FACSIMILE MESSAGE TO: Terry Liston FIRM: Village of Morton Grove FAX NO: 847-965-4162 RE: 6410-6418 Chestnut NO. OF PAGES (INCLUDING THIS COVER PAGE): 6 PLEASE CALL US IF THE COPIES OF THIS MESSAGE ARE NOT LEGIBLE OR IF YOU DO NOT RECEIVE ALL OF THE PAGES. COMMENTS: Terry, attached is copy of the signed contract with the changes to closing date(Par 2) and type of survey (Par6). I will send or deliver to your office at Village Hall the original signed contract. Please return a copy of the contract to me with original signatures on behalf of the Village. I will order down title and a staked boundary survey. Call me if any questions. Jay UNLESS OTHERWISE INDICATED OR OBVIOUS FROM THE NATURE OF THE TRANSMITTAL,THE INFORMATION CONTAINED IN THIS FACSIMILE MESSAGE IS ATTORNEY PRIVILEGED AND CONFIDENTIAL INFORMATION INTENDED FOR THE USE OF THE INDIVIDUAL OR ENTITY NAMED ABOVE. IF THE READER OR RECIPIENT OF THIS TRANSMITTAL IS NOT THE INTENDED RECIPIENT,OR AN EMPLOYEE OR AGENT RESPONSIBLE TO DELIVER TT TO THE INTENDED RECIPIENT,YOU ARE HEREBY NOTIFIED THAT ANY DISSEMINATION,DISTRIBUTION OR COPYING OF THIS COMMUNICATION IS STRICTLY PROHIBITED. IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR,PLEASE IMMEDIATELY NOTIFY US BY TELEPHONE TO ARRANGE THE RETURN OF THE ORIGINAL MESSAGE TO US AT NO COST TO YOU.THANK YOU. 10/28/09. 15:50 FAX 847 967 7984 JAY A SLUTZKY _ R001 JAY A. SLUTZKY Attorney at Law 7749 N. MILWAUKEE AVENUE, NILES, IL 60714-4733 (847)967-7979 FAX(847) 967-7984 E-mail:jayslubtyyyaSoo.com October 28, 2009 By Facsimile 847-965-4162 & First Class Mail Teresa Hoffman Liston Corporation Counsel Village of Morton Grove 6101 Capulina Ave. Morton Grove, IL 60053 Re: Battista sale to Village of Morton Grove 6410 Chestnut, Morton Grove, IL Dear Ms_ Liston: As I informed you in our telephone conference on October 27, 2009, I represent Guy and LuAnn Battista in connection with their sale of the above-captioned property to the Village of Morton Grove. I have reviewed the proposed contract you forwarded to Mr. Battista and am requesting the following changes: 1. Please correct the address in the heading and preamble paragraph of the contract to show the address to be 6410-6418 Chestnut Street. Also, please add LuAnn Battista as a seller. 2. In paragraph 2, change the closing date to be after December 31, 2009, and before January 8, 2010, as my clients intend to exchange this property pursuant to Section 1031 of the Internal Revenue Code. If we close before the end of 2009, they will not have the full 180 day time period in which to close on their replacement property. The closing will take place in my Niles office at the above address. 3. Change paragraph 3A to provide that the seller will furnish the documents referred to in that subparagraph within 10 business days after the date the contract is executed. 4. In paragraph 3B, change the date by which the Village would complete its due diligence to an appropriate date of your choice_ 10/28/0E- FAX 847 987 7984 JAY A SLUTZKY U1002 Teresa Hoffman Liston October 28, 2009 Page 2 5. Change paragraph 4 to provide that seller will pay 2008 taxes at or prior to closing- The 2009-2010 taxes to date of closing shall be prorated at 100% of the 2008 tax bill, and shall be reprorated when the 2009 second installment tax bill is available. At closing, seller shall deposit with sellers' attorney as escrowee a sum equal to 50% of the credit given to the buyer for the 2009-2010 taxes to guarantee the reproration. 6. Add to paragraph 5 that title shall be ordered by sellers' attorney through Attorneys' Title Guaranty Fund. Please inform me of any special endorsements the Village will be requesting. I am assuming that there will be no loan policy issued. 7. Change paragraph 6 to provide that the survey furnished by the seller will be a staked boundary survey conforming to the current requirements of the Illinois Department of Professional Regulation. As the improvements on the property are to be demolished and removed by the seller prior to closing resulting in a sale of vacant property, then an ALTA should not be required. Attorneys' Title will issue extended coverage without requiring an ALTA survey- 8. Change paragraph 7 to provide that the deed will be a recordable trustee's deed as title to the property is held in a land trust. Sellers represent and warrant that they are the sole beneficiaries of First National Bank of Niles Trust No. 535 (now administered by Chicago Title and Trust Company). 9_ Add to the end of paragraph 10 the following: "Within 10 business day prior closing ing or such earlier date so as allow for the complete demolition of the improvements the property, but only after the buyer has completed its due diligence pursuant to paragraph 3B Attorneys'of this Title the bu�dshall um of $1,000,000.00 to guarantee the buyer's Attorneys' Title Guaranty consummation of the purchase of the property. At the same time, the buyer shall execute a document waiving any right it has at that time to cancel this contract for any reason whatsoever,other than sellers'default under the contract,after demolition of improvements on the property has been started. If the buyer still fails to complete the closing of this transaction for any reason other than sellers' default under e difference the ntr between the shall pay to seller as liquidated damages an amount equal at which sellers are able to sell the property as vacant property to another purchaser and the purchase price of this contract, $1,050,000.00." Terry, my clients and I think that it is unreasonable to require them to demolish the improvements on the property prior to closing without some guarantee ee the close sale the Village close. Guy Battista actually would prefer to demolish the property closing. 10/28/057 15:50 FAX 847 987 7984 JAY A SLUTZKY f?j003 Teresa Hoffman Liston October 28, 2009 Page 3 will not agree to that, then perhaps we can set up an escrow to be held after the closing until the demolition has been completed, and if same is not completed within, e.g. 30 days after closing, then the seller would pay liquidated damages to the Village for their cost of having the improvements demolished and removed. Please call me so that we can discuss this point further. 10. Paragraph 12 should probably be deleted from the contract as the improvements are going to be demolished and removed anyway. 11. Add to paragraph 14 that notices to the seller shall be addressed to me as sellers' attorney at 7749 N. Milwaukee, Niles, Illinois 60714, phone 847-967-7979, fax 847-967-7984. 12_ The attached Rider A regarding sellers' 1031 exchange intention is to be attached to the contract. Please review these proposed modifications to the contract with the appropriate people at the Village, and call me so that we may discuss same. Yours very truly, fY . SL KY JAS/es cc: Guy Battista 02.'17/10 12:13 FAX 847 967 7984 LAW OFFICES [A002 JAY A. SLUTZKY ATTORNEY AT LAW 7749K MILWAUKEE AVENUE, NILES, IL 607144733 (84 7) 967-7979 FAX(847)967-7984 CLOSING STATEMENT Property - 6410-6418 Chestnut, Morton Grove, IL 60053 Sellers - Guy & LuAnn Battista Address - 9421 N. Shermer, Morton Grove, IL 60053 Buyer - Village of Morton Grove Address - 6101 Capulina, Morton Grove, IL 60053 Date of Contract- November 19, 2009 Date of Closing -February 19, 2010 Attorney for Buyer- Teresa Hoffman Liston, 6101 Capulina, Morton Grove, IL 60053 Credit Credit Buyer Seller Purchase Price $ 1,050,000.00 Earnest Money 1,000.00 MB Financial - Mortgage Payoff 402,933.34 2009 Taxes- 1st Installment- Cook County Treasurer 27,821.49 ATGF-Tax Payment Fee - 3 Parcels 150.00 2009 Taxes -2nd Installment based on 100% of 2008 tax bill 22,762.94 2010 Taxes - Prorated from 1/1 to 2/19/10®100% 6,929.37 Jay A. Slutzky, Escrowee - Tax Reproration Escrow 14,846.00 Title Charges 2,820.00 State Regulatory Fee 3.00 Commercial Standard Exception Waiver Endorsement 500.00 Revenue Stamps - State 1,050.00 Revenue Stamps - County 525.00 Revenue Stamps - Morton Grove (3,150.00) P O.C. Release Fee 48.00 Jens K. Doe - ALTA Survey 1,100.00 1/2 Closing Fee- Cash Deal 500.00 Cook County Collector- 1990 Open Real Estate Taxes 335.36 ATGF -Tax Payment Fee 50.00 ATGF - Obtain Tax Redemption Bill 20.00 ATGF - 1/2 Joint Order Escrowee Fee 150.00 Jay A. Slutzky - Attorney's Fees & Costs Advanced 7,104.00 Balance to Seller 559.351.50 TOTAL $ 1,050,000.00 $ 1,050,000.00 ACCEPTED BY SELLERS: ACCEPTED BY BUYER: By TAX REPRORATION AGREEMENT Date: February 19, 2010 Buyer: VILLAGE OF MORTON GROVE, a municipal corporation Seller: GUY BATTISTA and LUANN BATTISTA Property: 6410-6418 CHESTNUT, MORTON GROVE, ILLINOIS This is to confirm that the sum of $14,846.00 has been deposited in escrow with the undersigned, JAY A. SLUTZKY, as Escrowee to guarantee reproration of 2009-2010 real estate taxes. This deposit is being held in accordance with the terms of the Real Estate Sales Contract dated November 19, 2009, and this Reproration Agreement. In consideration of the closing of the sale and purchase of the above captioned property, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. At the closing of the transaction the Seller allowed the Buyer a credit of$22,762.94 for second installment of 2009 real estate taxes and a credit of$6,929.37 for prorated taxes for the period from January 1, 2010 through February 19, 2010, upon the basis of 100% of the full year tax bills (2008 - three parcels) in the aggregate amount of$50,584.43. 2. Within 10 days after the real estate tax bill for the 2009 second installment is available, the parties shall re-prorate the credit for 2009 second installment taxes on the basis of such bill; the parties shall also reprorate the credit for 2010 taxes on the basis of 110% of the 2009 tax bill, and the difference, if any, between the credit allowed Buyer at closing for 2009-2010 taxes and the amount of such re-prorated taxes shall be paid by the Seller or the Buyer as the case may be, to the other upon demand, forthwith. 3. Any monies owed by Seller to Buyer for such reprorations shall be paid to Buyer out of the escrow funds being held by Escrowee hereunder. Unless otherwise directed in writing, Escrowee shall mail said payments to Buyer's Attorney. Any funds remaining in the escrow after Escrowee has paid any tax re-prorations or other charges required under this Agreement shall be refunded to Seller. If the escrow contains insufficient funds to cover the reproration, Seller shall forward the shortfall withing 14 days of notification thereof. 4. All funds held pursuant to this Agreement shall be held in Escrowee's IOLTA account and no interest shall be paid thereon. The parties hereto hereby agree to indemnify and hold Escrowee harmless for any actions taken in compliance with the terms of this Agreement, any expense associated therewith, and Escrowee shall be entitled to recover his Attorney's fees and costs in defending himself from either or both of the parties. The parties hereto acknowledge and agree that said escrow is being held solely to guarantee the reproration of taxes for the property pursuant to the parties' agreement. 5. Escrowee shall send Buyer's Attorney the calculations in regard to the reproration. Escrowee shall not disburse the Escrowed funds until Buyer's Attorney accepts the calculations or Purchaser's Attorney fails to respond to Escrowee's notice within ten days of service thereof. Said notice from Escrowee may be by first class mail, facsimile or e-mail transmission and shall be deemed effective on the date of mailing or transmission. A mailed letter, facsimile or e-mail from Buyer's Attorney to Escrowee, or the expiration of the ten day notice period hereunder, shall be sufficient for Escrowee to release the funds held hereunder. 6. Escrowee shall have fulfilled his entire obligation under this Agreement by disbursing the escrow funds in accordance with the terms of the Real Estate Sales Contract and this Agreement. Signatures of Seller, Buyer, or their respective Attorneys shall not be required to release funds to be paid to Buyer or Seller pursuant to this Agreement. 7. The parties agree that this Tax Reproration Agreement shall survive the closing of this transaction and shall not merge with the deed. The prevailing party shall be entitled to recover from the losing party, all costs and reasonable Attorneys fees incurred by the prevailing party in enforcing the terms and provisions of this Agreement, or in an action to recover the escrow funds wrongfully withheld, and/or in defending a legal proceeding to which Buyer or Seller may be made a party as a result of the acts or omission of the other party. Accepted for Seller /,-' Accepted for Buyer' Li%� Ghee- ESCROWEE I O.aster. 1 jiardis • TAX REPRORATION AGREEMENT Date: February 19, 2010 Buyer: VILLAGE OF MORTON GROVE, a municipal corporation Seller: GUY BATTISTA and LUANN BATTISTA Property: 6410-6418 CHESTNUT, MORTON GROVE, ILLINOIS This is to confirm that the sum of $14,846.00 has been deposited in escrow with the undersigned, JAY A. SLUTZKY, as Escrowee to guarantee reproration of 2009-2010 real estate taxes. This deposit is being held in accordance with the terms of the Real Estate Sales Contract dated November 19, 2009, and this Reproration Agreement. In consideration of the closing of the sale and purchase of the above captioned property, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. At the closing of the transaction the Seller allowed the Buyer a credit of$22,762.94 for second installment of 2009 real estate taxes and a credit of$6,929.37 for prorated taxes for the period from January 1, 2010 through February 19, 2010, upon the basis of 100% of the full year tax bills (2008 - three parcels) in the aggregate amount of$50,584.43. 2. Within 10 days after the real estate tax bill for the 2009 second installment is available, the parties shall re-prorate the credit for 2009 second installment taxes on the basis of such bill; the parties shall also reprorate the credit for 2010 taxes on the basis of 110% of the 2009 tax bill, and the difference, if any, between the credit allowed Buyer at closing for 2009-2010 taxes and the amount of such re-prorated taxes shall be paid by the Seller or the Buyer as the case may be, to the other upon demand, forthwith. 3. Any monies owed by Seller to Buyer for such reprorations shall be paid to Buyer out of the escrow funds being held by Escrowee hereunder. Unless otherwise directed in writing, Escrowee shall mail said payments to Buyer's Attorney. Any funds remaining in the escrow after Escrowee has paid any tax re-prorations or other charges required under this Agreement shall be refunded to Seller. If the escrow contains insufficient funds to cover the reproration, Seller shall forward the shortfall withing 14 days of notification thereof. 4. All funds held pursuant to this Agreement shall be held in Escrowee's IOLTA account and no interest shall be paid thereon. The parties hereto hereby agree to indemnify and hold Escrowee harmless for any actions taken in compliance with the terms of this Agreement, any expense associated therewith, and Escrowee shall be entitled to recover his Attorney's fees and aV costs in defending himself from either or both of the parties. The parties hereto acknowledge and agree that said escrow is being held solely to guarantee the reproration of taxes for the property pursuant to the parties' agreement. 5. Escrowee shall send Buyer's Attorney the calculations in regard to the reproration. Escrowee shall not disburse the Escrowed funds until Buyer's Attorney accepts the calculations or Purchaser's Attorney fails to respond to Escrowee's notice within ten days of service thereof. Said notice from Escrowee may be by first class mail, facsimile or e-mail transmission and shall be deemed effective on the date of mailing or transmission. A mailed letter, facsimile or e-mail from Buyer's Attorney to Escrowee, or the expiration of the ten day notice period hereunder, shall be sufficient for Escrowee to release the funds held hereunder. 6. Escrowee shall have fulfilled his entire obligation under this Agreement by disbursing the escrow funds in accordance with the terms of the Real Estate Sales Contract and this Agreement. Signatures of Seller, Buyer, or their respective Attorneys shall not be required to release funds to be paid to Buyer or Seller pursuant to this Agreement. 7. The parties agree that this Tax Reproration Agreement shall survive the closing of this transaction and shall not merge with the deed. The prevailing party shall be entitled to recover from the losing party, all costs and reasonable Attorneys fees incurred by the prevailing party in enforcing the terms and provisions of this Agreement, or in an action to recover the escrow funds wrongfully withheld, and/or in defending a legal proceeding to which Buyer or Seller may be made a party as a result of the acts or omission of the other party. Accepted for Seller � , • Accepted for Buyer" .Gloria ESCROWEE dee Asts_ardis ATTORNEYS' TITLE GUARANTY FUND, INC. AGENCY/ESCROW DISBURSEMENT AGREEMENT Dated: 1 tt (( OMC No.: 090206100108 ❑Check if Refinance Property commonly known as: 6410-6418 Chestnut,Morton Grove, IL 60053 1. We, the undersigned Seller and Buyer (or, for refinance transactions, the Borrower) direct you to make disbursements for this transaction,pursuant to the attached HUD-1 Settlement Statement(hereinafter"Settlement Statement"). 2. We understand and agree that for the purposes of this closing, Lt FPI 04S-OV l.reS Inc (hereinafter"Closing Agent") is acting only as an agent of the lending institution, and does not represent either the Seller or the Buyer/Borrower as an attorney or in any other way. If the Closing Agent's representation of the lending institution gives rise to an apparent conflict of interest, the parties consent to and waive said conflict of interest. The parties understand and agree that all representations made to the Closing Agent by the Borrower may be made known to the lender and all documents executed and delivered to the Closing Agent may be made known and delivered to the lender at any time hereafter,notwithstanding any rights that the Borrower may have to rescind the transaction. 3. We understand that if an attorney signs this agreement on behalf of the Seller or Buyer/Borrower,the attorney affirmatively warrants that he/she has the authority to receive copies of the attached Settlement Statement. Delivery of the attached Settlement Statement to the attorney is delivery to his/her client. 4. (a) Attorneys' Title Guaranty Fund, Inc. (hereinafter"ATG"),through its authorized member, shall make disbursements only when ATG is willing to insure title pursuant to the above-referenced commitment, subject only to the provisions of paragraph 4(b) (if any) and the following: 1. General Real Estate Taxes 2009 and thereafter. 2. Schedule B Standard Exceptions. 3. Schedule B Special Exceptions / 4 member initials) 4. The mortgage made by the Buyer/Borrower in this transaction. (b)The following Special Exceptions are added to Schedule"B"of the above-referenced title commitment: No. Added Special Exception for: ❑Both Policies ❑MPA ❑OPA (Check One) Endorsement Approved for: ❑Both Policies ❑MPA Not Insured Over(member initials) No. Added Special Exception for: ❑Both Policies ❑MPA ❑OPA (Check One) Endorsement Approved for: ❑Both Policies ❑MPA Not Insured Over(member initials) No._ Added Special Exception for: ❑Both Policies ❑MPA ❑OPA (Check One) Endorsement Approved for: ❑Both Policies ❑MPA Not Insured Over(member initials) ❑Check if additional Special Exceptions are listed on separate sheet attached and made a part hereto. 5.Buyer/Borrower will pay the$ S1,000.00 escrow/closing fee for this service f 6-0 6. Seller (or, if a refinance transaction, Borrower) agrees to reimburse Closing Agent for any additional fees required by the existing lender to obtain the release of any unreleased mortgage of record. The Seller and Buyer/Borrower agree that all disbursements by ATG, regardless of when made, are predicated upon receipt and collection of the Buyer/Borrower's mortgage proceeds and any other amounts due from them in accordance with the lender's closing instructions and the attached Settlement Statement. 7. Seller(or, if a refinance transaction, Borrower) agrees to fully and promptly cooperate with ATG in the acquisition of the release of any unreleased mortgage or other lien of record. If the release of mortgage or other lien is sent to the Seller (or, if a refinance transaction,Borrower), Seller(or Borrower) agrees to promptly send the release to ATG for recording. 8.Neither the Closing Agent nor ATG shall be under any duty to invest or reinvest any funds held by them under this Agreement.ATG shall have the full tight, power, and authority to commingle any deposits or part thereof with its other Escrow deposits. All income derived from any use that ATG may make of these deposits shall belong to ATG. 9. The parties, if requested by ATG, will promptly cooperate to correct clerical errors in any documents executed as part of this transaction. 10. NOTE: This paragraph not applicable to exchange transactions. The Foreign Investment in Real Property Tax Act of 1980 as amended by the Tax Reform Act of 1984 places special requirements for tax reporting and withholding on the parties to a real estate transaction where the Seller is a foreign person. This includes non-resident aliens and non-domestic corporations, partnerships, and estates. The parties acknowledge that they should seek an attorney's, accountant's, or other tax specialist's opinion concerning the effect of this Act on this transaction. They are not acting on any statements or opinions made, implied, or omitted by ATG, Closing Agent,its employees, agents,or representatives. I I. The undersigned agree(s) that the Recording Fees,Release Status Verification Fee,and Delivery Handling Fee(collectively known as "fees") reflected on the U.S. Department of Housing and Urban Development Settlement Statement for this transaction will be paid to the Recorder of Deeds and/or outside vendors or will be retained as a handling charge by ATG for services that it provides in connection with the recording of documents and/or the delivery of the payment of liens. If these fees are insufficient to record a release or other documents from the closing and/or deliver a payment of a lien, neither the seller(s) nor the borrower(s) will be liable for the additional cost to record the document(s) and/or deliver the payment of the lien. Therefore, the undersigned, in consideration of the forbearance by ATG as described in the previous sentence, and other good and valuable consideration, expressly waive(s)any right or claim of right recognized in law or equity or by any federal, state, or local statute to obtain a refund of these fees and, concomitantly, any right or claim of right to sue that could have been asserted under any legal, equitable,or statutory cause of action, including but not limited to the Real Estate Settlement Procedures Act and its goveming regulations and the Illinois Consumer Fraud and Deceptive Business Practices Act, against ATG or any of its officers, agents, directors, subsidiaries, or assigns arising from the payment of the fees. 12. The undersigned,for good and valuable consideration, agree(s) that any dispute that arises between the seller(s)or borrower(s) and ATG regarding this Agreement is subject to mandatory arbitration under the rules of the American Arbitration Association. Accepted and agreed to by: Seller Buyer/Borrower </I 1 4'21: 174ftt (,,ZZWC/: Seller '� '� BuyerBorrower 'LS�`i ' ` �"--'� / "Of em.er or other .uthorized Si ayry err EYS" TITLE GUARANTY F ., D. INC. ATG FORM 4000 ®ATG(REV.3/03) Prepared by ATG REsource TM �T Agency/Escrow Disbursement Agreement—Page 2 of 2 FOR USE IN:ALA STATES A. U.S. Department of Housing and Urban Development B.Type of Loan • - Settlement Statement 1. ❑ FHA 2. ❑FmHA 3. ❑Cony ATTORNEYS' TITLE GUARANTY FUND, INC 1 South Wacker P.O.Box 9136 2500 South Highland Ave 120 West Main Street 4. ❑VA 5. ❑Cony Ins. 6. ❑Seller 24th Floor Champaign,IL 61826-9136 Suite 330 Suite 201 Finance Chicago,IL 60606-4654 (217)359-2000 Lombard,IL 60148-5363 Belleville,IL 62220-1554 (312)372-8361 (630)627-7441 (618)277-9440 6.File Number 7.Loan Number 090206100108 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 are shown. Items marked"(p.0.e.)" were paid outside the closing;they are shown here for informational purposes and are not included in the totals. D.Name and Address of Borrower E.Name,Address,and Tax ID Number of Seller F.Name and Address of Lender Village of Morton Grove Chicago Tide Land Trust Company Trust No. Cash Deal 6101 Capulina Ave. 535 Morton Grove IL 60053 G.Property Location(Complete address,including legal description,if H.Settlement Agent Name,Address and Tax ID Number necessary) Attorneys'Title Guaranty Fund,Inc 2102 Windsor Place Champaign,IL 61820.7758 641064/8 Chestnut Tax ID:37-1222620 Morton Grove,IL 60053 Closer:LISA BASTOUNES,INC. See Addendum Place of Settlement I.Settlement Date Jay A.Slutzky 2/192010 7749 N.Milwaukee Avenue Fund:2/19/2010 Niles,IL 60714 J. Summary of Borrower's Transaction K. Summary of Seller's Transaction 100. Gross Amount Due from Borrower 400. Gross Amount Due to Seller 101. Contract Sales Price $1,050,000.00 401. Contract Sales Price $1,050,000.00 102. Personal Property 402. Personal Property 103. Settlement Charges to borrower $698.00 403. 104. 404. 105. 405. Adjustments for items paid by seller in advance Adjustments for items paid by seller in advance 106. County property taxes 406. County property taxes 107. County property taxes 407. County property taxes 108. Special Assessment 408. Special Assessment 109. Homeowner Asc Dues 409. Homeowner Asc Dues 110. Flood insurance 410. Flood insurance Ill. Other taxes 411. Other taxes 112. 412. 113. 413. 114. 414. 115. 415. 116. 416. 120. Gross Amount Due From Borrower $1,050,698.00 420. Gross Amount Due to Seller $1,050,000.00 200. Amounts Paid By Or in Behalf Of Borrower 500. Reductions in Amount Due to Seller 201. Deposit or earnest money $1,000.00 501. Excess Deposit 202. Principal amount of new loan(s) 502. Settlement Charges to Seller(line 1400) $60,195.92 203. Existing loan(s)taken subject to 503. Existing Loan(s)Taken Subject to 204. Loan Amount 2nd Lien 504. Payoff of first mortgage loan $402,933.34 205. 505. Payoff of second mortgage loan 206. 506. Earnest money $1,000.00 207. 507. 208. 508. 209. 509. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. County property taxes 07/01/09 to 12/31/09 $22,762.94 510. County property taxes 07/01/09 to 12/31/09 $22,762.94 211. County property taxes 01/01/10 to 02/19/10 $6,929.37 511. County property taxes 01/01/10 to 02/19/10 56,92937 212. Special Assessment 512. Special Assessment 213. Homeowner Aso Dues - 513. Homeowner-Asc-Dues- 214. Flood insurance 514. Flood insurance 215. Other taxes 515. Other taxes 216. 516. 217. 517. 218. 518. 219. 519. 220. Total Paid By/For Borrower $30,692.31 520. Total Reduction Amount Due Seller $493,821.57 300. Cash At Settlement From/To Borrower 600. Cash At Settlement To/From Seller 301. Gross Amount due from borrower(line 120) $1,050,698.00 601. Gross Amount due to seller(line 420) $1,050,000.00 302. Less amounts paid by/for borrower(line 220) $30,69231 602. Less reductions in amt due seller(line 520) $493,82157 303. Cash From Borrower $1,020,005.69 603. Cash To Seller $556,178.43 Previous Edition is Obsolete Printed at: 2:02 PM February 19,2010 HUD-1 (3/86) L. Settlement Charges 700. Total Sales/Broker's Commission based on price $1,050,000.00 @% = $0.00 Paid From Paid From Borrower's Seller's Funds at Division of Commission(lice 700)as follows: Funds at Settlement 701. to Settlement 702. to 703. Commission Paid at Settlement $0.00 $0.00 800. Items Payable in Connection with Loan 801. Loan Origination Fee 0 to 802. Loan Discount to 803. Appraisal Fee to 804. Credit Report to 805. Lender's Inspection Fee to 806. Application Fee to 807. Assumption Fee to 808. Document Preparation Fee to 809. Tax Service Fee to 810. Flood Certification Fee to 900. Items Required by Lender To Be Paid in Advance 901. Interest from 2/192010 to 3/12010 @ SO/day 902. Mortgage Ins Premium for months to 903. Hazard Ins Premium for years to 1000.Reserves Deposited With Lender 1001.Hazard insurance months @ per month 1002.Mortgage insurance months @ per month 1003.County property taxes months @ per month 1004.County property taxes months @ per month 1005.Special Assessment months @ per month 1006.Homeowner Asc Dues months @ per month 1007.Flood insurance months @ per month 1008.Other taxes months @ per month 1011.Aggregate Reserve Adjustment 1100. Tide Charges 1101.Closing/Escrow Fee to ATG $500.00 $500.00 1102.EPL Endorsement to 1103.ARM Endorsement to 1104.Condo Endorsement to 1105.Location Note to 1106.Buyer's Attorney fees to Teresa Liston 1107.Seller's Attorney fees to Jay A.Slutzky $7,104.00 (includes above items numbers: 1108.Owner Policy Premium to ATG/Jay A.Slutzky $2,820.00 (includes above items numbers: )1109. Lender's coverage 50.00/$0.00 1110. Owner's coverage $1,050,000.00/$2,820.00 _ - 1111.Std Exception Waiver 2(Corn/Vacant) to ATG/Jay A.Slutzky $0.00 $500.00 1200. Government Recording and Transfer Charges 1201.Recording Fee-Deed Deed$48.00 ;Mortgage ;Releases $48.00 1202.County tax stamps Deed$525.00 ;Mortgage to ATG Fees and Transfers $525.00 1203.State tax stamps Deed$1,050.00 ;Mortgage to ATG Fees and Transfers $1,050.00 1204.Morton Grove tax stamps to POC$3,150.00 $0.00 $0.00 1205.Record Assignment of Mortgage to 1206.Release Status Verification/Cert of Rel to ATG Fees and Transfers $0.00 $48.00 1207.State Regulatory Fee to ATG Fees and Transfers $0.00 $3.00 1300. Additional Settlement Charges 1301.Survey to Jens K.Doe $1,100.00 1302. Pest Inspection to 1303. Redemption to $0.00 $20.00 1304. 2009 Tax 1st Installment to ATG Escrow Department $27,821.49 1305. Tax Service Fee to ATG Fees and Transfers $150.00 1306. Tax Reproration Escrow to Jay A.Slutzky as Escrowee $14,846.00 1307. 1990 Open Reel Estate Taxes to Cook County Collector - $346.75 1308. Tax Payment Fee to ATG Fees and Transfers $50.00 1309. Joint Order Escrowee Fee to ATG Fees and Transfers $150.00 $150.00 1310. Reimb.for Stamps&Water to Jay A.Slutzky $3,161.68 1400.Total Settlement Charges(enter on lines 103,Section J and 502,Section K) $698.00 $60,195.92 I have careflly 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 or by me in this transaction. I further certify that I have received a completed copy of pages 1 to 7 of this HUD-1 Settlement Statement. V age f�vtorton Grove /Chicago Title Land Trust Company Trust No.535 L � v � f / TriI:f ' / � LG SE !KENT AGENT CERTIFICATION ✓ The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused the funds to be disbursed in accordance with 7 is statement. n Settlegialtigtbunes, president Date Lisa Bastounes, Inc. L Warning:It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction can include a fine and imprisonment. For details see:Title 18 U.S.Code Section 1001 and Section 1010. Special Instructions: SELLER INSTRUCTIONS: If this real estate was your principal residence, file Form 2119, Sale or Exchange of Principal Residence, for any gain, with your income tax return; for other transactions, complete the applicable parts of Form 4797, Form 6252,and/or Schedule D(Form 1040) ATTORNEYS' TITLE GUARANTY FUND,INC. Previous Edition is Obsolete HUD-1 (3/91) A. U.S. Department of Housing and Urban Development B.Type of Loan Settlement Statement 1. ❑ FHA 2. ❑FmHA 3. ❑Cony ATTORNEYS' TITLE GUARANTY FUND, INC 1 South Wacker P.O.Box 9136 2500 South Highland Ave 120 West Main Street 4. ❑VA 5. ❑Cony Ins. 6. ❑Seller 24th Floor Champaign,IL 61828-9136 Suite 330 Suite 201 Finance Chicago,IL 60606-4654 (217)359-2000 Lombard,IL 60148-5363 Belleville,IL 62220-1554 (312)372-8361 (630)627-7441 (618)277-9440 6.File Number 7. Loan Number 090206100108 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 are shown. Items marked"(p.o.e.)" were paid outside the closing;they are shown here for informational purposes and are not included in the totals. D.Name and Address of Borrower E.Name,Address,and Tax ID Number of Seller F.Name and Address of Lender Village of Morton Grove Chicago Tide Land Trust Company Trust No. Cash Deal 6101 Capulina Ave. 535 Morton Grove IL 60053 G.Property Location(Complete address,including legal description,if H.Settlement Agent Name,Address and Tax ID Number necessary) Attorneys'Title Guaranty Fund,Inc 2102 Windsor Place Champaign,IL 61820-7758 6410-6418 Chestnut Tax ID:37-1222620 Morton Grove,IL 60053 Closer:LISA BASTOUNES,INC. See Addendum Place of Settlement I.Settlement Date Jay A.Slutzky 2/192010 7749 N.Milwaukee Avenue Fund:2/19/2010 Niles,IL 60714 J. Summary of Borrower's Transaction K. Summary of Seller's Transaction 100. Gross Amount Due from Borrower 400. Gross Amount Due to Seller 101. Contract Sales Price $1,050,000.00 401. Contract Sales Price $1,050,000.00 102. Personal Property 402. Personal Property 103. Settlement Charges to borrower $698.00 403. 104. 404. 105. 405. Adjustments for items paid by seller in advance Adjustments for items paid by seller in advance 106. County property taxes 406. County property taxes 107. County property taxes 407. County property taxes 108. Special Assessment 408. Special Assessment 109. Homeowner Asc Dues 409. Homeowner Asc Dues 110. Flood insurance 410. Flood insurance 111. Other taxes 411. Other taxes 112. 412. 113. 413. 114. 414. 115. 415. 116. 416. 120. Gross Amount Due From Borrower $1,050,698.00 420. Gross Amount Due to Seller $1,050,000.00 200. Amounts Paid By Or in Behalf Of Borrower 500. Reductions in Amount Due to Seller 201. Deposit or earnest money $1,000.00 501. Excess Deposit 202. Principal amount of new loan(s) 502. Settlement Charges to Seller(line 1400) $60,195.92 203. Existing loan(s)taken subject to 503. Existing Loan(s)Taken Subject to 204. Loan Amount 2nd Lien 504. Payoff of first mortgage loan $402,933.34 205. 505. Payoff of second mortgage loan 206. 506. Earnest money $1,000.00 207. 507. 208. 508. 209. 509. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. County property taxes 07/01/09 to 12/31/09 522,762.94 510. County property taxes 07/01/09 to 12/31/09 522,762.94 211. County property taxes 01/01/10 to 02/19/10 $6,92937 511. County property taxes 01/01/10 to 02/19/10 $6,929.37 212 Special Assessment 512. Special Assessment 213. Homw one,Asc Dues 513. Homeowner Aso Dues 214. Flood insurance 514. Flood insurance 215. Other taxes 515. Other taxes 216. 516. 217. 517. 218. 518. 219. 519. 220. Total Paid By/For Borrower $30,692.31 520. Total Reduction Amount Due Seller $493,821.57 300. Cash At Settlement From/To Borrower 600. Cash At Settlement To/From Seller 301. Gross Amount due from borrower(line 120) $1,050,698.00 601. Gross Amount due to seller(line 420) $1,050,000.00 302. Less amounts paid by/for borrower(line 220) $30,69231 602. Less reductions in amt.due seller(line 520) 5493,82157 303. Cash From Borrower $1,020,005.69 603. Cash To Seller $556,178.43 Previous Edition is Obsolete Printed at: 2:02 PM February 19,2010 HUD-1 (3/86) L. Settlement Charges 700. Total Sales/Broker's Commission based on price $1,050,000.00 @% = $0.00 Paid From Paid From Borrower's Seller's Funds at Division of Commission(line 700)as follows: Funds at Settlement 701. to Settlement 702. to 703. Commission Paid at Settlement $0.00 $0.00 800. Items Payable in Connection with Loan 801. Loan Origination Fee 0 to 802. Loan Discount to 803. Appraisal Fee to 804. Credit Report to 805. Lender's Inspection Fee to 806. Application Fee to 807. Assumption Fee to 808. Document Preparation Fee to 809. Tax Service Fee to 810. Flood Certification Fee to 900. Items Required by Lender To Be Paid in Advance 901. Interest from 2/192010 to 3/12010 @ S0/day 902. Mortgage Ins Premium for months to 903. Hazard Ins Premium for years to 1000.Reserves Deposited With Lender 1001.Hazard insurance months @ per month 1002.Mortgage insurance months @ per month 1003.County property taxes months @ per month 1004.County property taxes months @ per month 1005.Special Assessment months @ per month 1006.Homeowner Asc Dues months @ per month 1007.Flood insurance months @ per month 1008.Other taxes months @ per month 1011.Aggregate Reserve Adjustment 1100. Title Charges 1 101.Closing/Escrow Fee to ATG $500.00 $500.00 1102.EPL Endorsement to 1103.ARM Endorsement to 1104.Condo Endorsement to 1105.Location Note to 1106.Buyer's Attorney fees to Teresa Liston 1107.Seller's Attorney fees to Jay A.Slutzky $7,104.00 (includes above items numbers: 1108.Owner Policy Premium to ATG/Jay A.Slutzky $2,820.00 (includes above items numbers: ) 1109. Lender's coverage $0.00/$0.00 1110. Owner's coverage $1,050,000.00/$2,820.00 _ 1111.Std Exception Waiver 2(Com/Vacant) to ATG/Jay A.Slutzky $0.00 $500.00 1200. Government Recording and Transfer Charges 1201.Recording Fee-Deed Deed$48.00 ;Mortgage ;Releases $48.00 I202.County tax stamps Deed$525.00 ;Mortgage to ATG Fees and Transfers $525.00 1203.State tax stamps Deed$1,050.00 ;Mortgage to ATG Fees and Transfers $1,050.00 1204.Morton Caove tax stamps to POC$3,150.00 $0.00 $0.00 1205.Record Assignment of Mortgage to 1206.Release Status Verification/Cert of Rel to ATG Fees and Transfers $0.00 $48.00 1207.State Regulatory Fee to ATG Fees and Transfers $0.00 $3.00 1300. Additional Settlement Charges 1301.Survey to Jens K.Doe $1,100.00 1302. Pest Inspection to 1303. Redemption to $0.00 $20.00 1304. 2009 Tax 1st Installment to ATG Escrow Department $27,821.49 1305. Tax Service Fee to ATG Fees and Transfers $150.00 1306. Tax Reproration Escrow to Jay A.Slutzky as Escrowee $14,846.00 1307. 1990 Open Real-Estate Taxes to Cook County Collector _ $346.75 1308. Tax Payment Fee to ATG Fees and Transfers $50.00 1309. Joint Order Escrowee Fee to ATG Fees and Transfers $150.00 $150.00 1310. Reimb.for Stamps&Water to Jay A.Slutzky $3,161.68 1400.Total Settlement Charges(enter on lines 103,Section J and 502,Section K) $698.00 $60,195.92 I have carefully reviewed the I-IUD-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 or by me in this transaction. I further certify that I have received a completed copy of pages 1 to 7 of this HUD-1 Settlement Statement. V S age .f/Morton Grove ,Chicago Title Land Trust Company Trust No. 535 OW . > :7 SETT LEMENT AGENT CERTIFICATION The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused the funds to be disbursed in accordance with is statement (2 J T `fin ^ f I Senl t 4bunes, president Date Lisa Bastounes, Inc. l Warning:It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction can include a fine and imprisonment For details see:Title IS U.S.Code Section 1001 and Section 1010. Special Instructions: SELLER INSTRUCTIONS: If this real estate was your principal residence, file Form 2119, Sale or Exchange of Principal Residence, for any gain, with your income tax return; for other transactions, complete the applicable parts of Form 4797, Form 6252,and/or Schedule D(Form 1040) ATTORNEYS' TITLE GUARANTY FUND, INC. Previous Edition is Obsolete HUD-1 (3/91) JAY A. SLUTZKY ATTORNEY AT LAW 7749 N. MILWAUKEE AVENUE, NILES, IL 60774-4733 (847) 967-7979 FAX(847) 967-7984 CLOSING STATEMENT Property - 6410-6418 Chestnut, Morton Grove, IL 60053 Sellers - Guy & LuAnn Battista Address - 9421 N. Shermer, Morton Grove, IL 60053 Buyer - Village of Morton Grove Address - 6101 Capulina, Morton Grove, IL 60053 Date of Contract - November 19, 2009 Date of Closing - February 19, 2010 Attorney for Buyer - Teresa Hoffman Liston, 6101 Capulina, Morton Grove, IL 60053 Credit Credit Buyer Seller Purchase Price Earnest Money $ 1,050,000.00 MB Financial - Mortgage Payoff 1,000.00 2009 Taxes - 1st Installment - Cook County Treasurer 427,821.49 ATGF -Tax Payment Fee - 3 Parcels 27,821.49 2009 Taxes - 2nd Installment based on 100% of 2008 tax bill 150.00 2010 Taxes - Prorated from 1/1 to 2/19/10 0100% 26,929.37 Jay A. Slutzky, Escrowee - Tax Reproration Escrow 6,929.37 14,846.00 Title Charges State Regulatory Fee 2,820.00 Comercial Standard Exception Waiver Endorsement 3.00 m 500.00 Stamps - State 50.00 Revenue Stamps - County 1,050.00 A. Slutzky p 525.00 Jay ky - reimbursement for Morton Grove stamps & water bill 3,161.68 Release Fee Jens K. Doe - ALTA Survey 00.00 1/2 Closing Fee - Cash Deal 1,100 Cook County Collector - 1990 Open Real Estate Taxes 3 ATGF - Tax Payment Fee 3336.75 6.75 ATGF - Obtain Tax Redemption Bill 50.00 ATGF - 1/2 Joint Order Escrowee Fee 20.00 Jay A. Slutzky 150.00 Y ky - Attorney's Fees & Costs Advanced 7,104.00 Balance to Seller 556,178.43 TOTAL $ 1,050,000.00 $ 1,050,000.00 ACCEPTED BY SELLERS: ACCEPT D BY BUYER: / By , 7Clin GGC JAY A. SLUTZKY ATTORNEY AT LAW 7749 N. MILWAUKEE AVENUE, NILES, IL 60774-4733 (847) 967-7979 FAX(847) 967-7984 CLOSING STATEMENT Property - 6410-6418 Chestnut, Morton Grove, IL 60053 Sellers - Guy & LuAnn Battista Address - 9421 N. Shermer, Morton Grove, IL 60053 Buyer - Village of Morton Grove Address - 6101 Capulina, Morton Grove, IL 60053 Date of Contract - November 19, 2009 Date of Closing - February 19, 2010 Attorney for Buyer - Teresa Hoffman Liston, 6101 Capulina, Morton Grove, IL 60053 Credit Credit Buver Seller Purchase Price Earnest Money $ 1,050,000.00 MB Financial - Mortgage Payoff 1,x•34 2009 Taxes - 1st Installment - Cook County Treasurer 427,823.49 ATGF -Tax Payment Fee - 3 Parcels 27,821.49 2009 Taxes - 2nd Installment based on 100% of 2008 tax bill 150.00 2010 Taxes - Prorated from 1/1 to 2/19/10 @100% 22,762.94 Jay A. Slutzky, Escrowee - Tax Reproration Escrow 4,846.00 Title Charges 14,846.00 State Regulatory Fee 2,820.00 Commercial Standard Exception Waiver Endorsement 3.00 Revenue Stamps - State 550.00 Revenue Stamps - County 1,050.00 Jay A. Slutzky - reimbursement for Morton Grove stainp s water& bill 525.00 Release Fee 3,161.68 Jens K. Doe - ALTA Survey 48.00 1/2 Closing Fee - Cash Deal 1,100.00 Cook County Collector - 1990 Open Real Estate Taxes 336.75 ATGF - Tax Payment Fee 336.75 ATGF - Obtain Tax Redemption Bill 50.00 ATGF - 1/2 Joint Order Escrowee Fee 20.00 Jay A. Slutzky - Attorney's Fees & Costs Advanced 104.00 Balance to Seller 7,104.00 556,178.43 TOTAL $ 1,050,000.00 $ 1,050,000.00 ACCEPTED BY SELLERS: ACCEPT D BY BUYER: By IL( n 4 s1[ 000 STATE OF ILLINOIS ) COUNTY OF C O O K ) SS AFFIDAVIT OF TITLE The undersigned affiants, being first duly sworn, on oath say, and also covenant with and warrant to the grantees hereinafter named: The affiants have an interest in the remises desc ibed below or in the proceeds thereof or are the grantors in the deed dated Fiite. ( /l , 2010, to Village of Morton Grove, grantee, conveying the following described premises: The South 120 feet of Lots 8, 9, 10 and 11 in Block 1 in Morton Grove, being a Subdivision of the East 4.63 chains of that part of the Northeast 1/4 lying South of Gross Point Road and of the North 3 acres of the East 10 acres of the North 1/2 of the Southeast 1/4 of Section 19, and that part of the Northwest 1/4 of Section 20, lying South of Gross Point Road and West of the Chicago, Milwaukee, and St. Paul Railroad, in 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 12, 2009, in the report on title issued by Attorneys' Title Guaranty Fund, Inc., affiants have 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 affiants, nor has any judgment or decree been rendered against affiants, nor is there any judgment note or other instrument that can result in a judgment or decree against affiants within five days from the date hereof. 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's consummation of the purchase of premises. Affiants further state: Not. (SEAL) /34 #147:,-. (SEAL) Subscribed and Sworn to before me this day of FEB 1 9 2010 2010 "OFFICIAL SEAL" Jay A. Slutzky ,� Notary Public.State of Illinois agLe mission_xp.psrs!?010 — '�ry ' b tc j' FIRPTA CERTIFICATION - INDIVIDUAL TRANSFEROR Section 1445 of the Internal Revenue Code [26 USCS §1445] provides that a transferee of a U.S. real property interest must withhold tax if the transferor is a foreign person. To inform the transferee that withholding of tax is not required upon the disposition of a U.S. real property interest, hereby certifies the following: 1. I am not a nonresident alien for purposes of U.S. income taxation. 2. My U.S. taxpayer identifying number is xxx-xx-5687. 3. My home address is 9421 N. Shermer, Morton Grove, IL 60053. I understand that this certification may be disclosed to the Internal Revenue Service by transferee and that any false statement I have made in this certification could be punished by fine, imprisonment, or both. Under penalties of perjury I declare that I have examined this certification and to the best of my knowledge and belief it is true, correct and complete. Dated: FEB 19 2010 , 2010 ✓7u (114- LUANN BATTISTA FIRPTA CERTIFICATION - INDIVIDUAL TRANSFEROR Section 1445 of the Internal Revenue Code [26 USCS §1445] provides that a transferee of a U.S. real property interest must withhold tax if the transferor is a foreign person. To inform the transferee that withholding of tax is not required upon the disposition of a U.S. real property interest, hereby certifies the following: 1. I am not a nonresident alien for purposes of U.S. income taxation. 2. My U.S. taxpayer identifying number is xxx-xx-7849. 3. My home address is 9421 N. Shermer, Morton Grove, IL 60053. I understand that this certification may be disclosed to the Internal Revenue Service by transferee and that any false statement I have made in this certification could be punished by fine, imprisonment, or both. Under penalties of perjury I declare that I have examined this certification and to the best of my knowledge and belief it is true, correct and complete. Dated: FEB 19 2010 , 2010 GUY BATTISTA PAY ONLY THIS AMOUNT 2008 Second Installment Property Tax Bill ■ ,08 ■ .45 Property Index Number(PIN) Volume Code Tax Year (Payable In) Township BY12/01/09 (on time) 10-19-203-022-0000 117 24062 2008 (2009) NILES IF PAID LATE 12/02/09 - 01/01/10 IF PAID LATE 01/02/111 - 02/11110 IF PAID LATE 02/02/10 - 03/0110 r $ 1 , 103 .76 $ 1 , 120. 07 $ 1 , 136 . 38 TAX CALCULATOR € THANK YOU FOR YOUR FIRST INSTALLMENT PAYMENT OF: LATE PENALTY /' $ 1,043.17 ON 03-03-09 ! IS 1.5%PER MONTH, I X 1 BY STATE LAW. 2007 Assessed Value rn PAY THIS BILL AT COOKCOUNTYTREASURER.COM OR ANY CHASE BANK. ( m Property location and classification for this PIN 10,298 C 6420 CHESTNUT ST MORTON GROVE IL 60053 2601 Property Classification 5-90 "0 m Taxing District 2008 Tax 2008 Rate 2008 7. Pension 2007 Tax 2007 Rate X MISCELLANEOUS TAXES 2008 Assessed Value "Cl North Shore Mosquito Abatement 2.45 0.008 0.11% 2.34 0.008 = 10.298 O Metro Water Reclamation District 77.30 0.252 3.63% 4.60 77.02 0.263 Morton Grove Park District 83.43 0.272 3.92% 8.89 84.64 0.289 2008 State Equalization Factor p Miscellaneous Taxes Total 163. 18 0.532 7.86% 164.00 0.580 X -2.9786 SCHOOL TAXES 2008 Equalized Assessed Value(FAV) Q Oakton Community Coll a Dist 535 42.94 0.140 2.02% 0.61 41.29 0.141 = 30,614 • G±mmunity High School District 219 650.29 2.120 30.52% 13.49 619.11 2.114 2008 Local Tax Rate Z School District 70 761.94 2.484 35.76% 14.41 733.91 2.506 School Taxes Total 1,455. 17 4.744 68.30% 1,394.31 4.761 X - 6.946% O MUNICIPALITY/TOWNSHIP TAXES 2008 Total Tax Before Exemptions TIF-Morton Grove-Ferris/Leigh ••• ••• ••• 0.00 0.000 2,t30 62 Morton Grove Library Fund 79.45 0.259 3.73% 3.37 77.90 0.266 Village of Morton Grove 280.67 0.915 13.17% 90.48 291.69 0.996 Homeowners Exemption O Road&Bridge Niles 0.00 0 000 0.00% 0.00 0.000 - .00 General Assistance Niles 0.92 0.003 0.04% 0.88 0.003 C Town Niles 8.28 0.027 0.39% 7 91 0.027 Senior Citizen Exemption Municipality/Township Taxes Total 369.32 1.204 17.33% 378.38 1.292 00 COOK COUNTY TAXES Senior Assessment freeze Exemption p m .00 Cook County Forest Preserve District 15.64 0.051 0.73% 0.30 15.52 0.053 n Consolidated Elections 0.00 0.000 0.00% 3.51 0.012 O County of Cook 68.72 0.224 3.23% 21.16 54.46 0.186 Cook County Public Safety 32.21 0.105 1.51% 48.91 0.167 70 Cook County Health Facilities 26.38 0.086 1.24% 27.24 0.093 v Cook County Taxes Total 142.95 0.466 8.71% 149.64 0.511 2008 Total Tax After Exemptions H (Do not pay these totals) 2,130.62 6.946 100.00% 2,088.39 7. 124 2.130.62 First Installment 1,043 17 Second Installment + 1,087..45.. Total 2008 Tax(Payable In 2009)..: = 2,130.62 GUY BATT I STA 9421 N SHERIER MORTON GROVE IL 60053-1141 IF YOUR TAXES ARE PAID BY MORTGAGE ESCROW, BE SURE NOT TO DOUBLE PAY. ***Visit cookctyclerk.com for information about TIFs and for TIF revenue distributions. 3E el CHASE 0 CHASE li 4 CHASE el Cl ,T z _ i : 0 pn 7 ^ _ :* C 1 Ln{ =-2 n j O 9 co T `3 i*-Pd ' __� m _ _ - rt a n 0-.6"a _rn s - o,c, o ? is Q.. _ �O * J m?'�G J L0 to v -c5 z 2 }}} m,a y '1 Q o EL FL7, N -' y O O aro .y ca PAYONLY THIS AMOUNT 2008 Second Installment Property Tax Bill $ 1 ,087.45 Property Index Number(PIN) Volume Code Tax Tear (Payable In) Township BY 12701/09 (on time) 10-19-203-023-0000 117 24062 2008 (2009) NILES IF PAID LATE 12/02/09 - 01/01/10 IF PAID LATE 01/02/10 - 02/01/10 IF PAID LATE 02/02/10 - 03/01/10 $ 1 ,103 . 76 $ 1 , 120 . 07 $ 1 , 136 .38 TR FIX CALCULATOR THANK YOU FOR YOUR FIRST INSTALLMENT PAYMENT OF: LATE PENALTY $ 1,043.17 ON 03-03-09 IS 1.5%PER MONTH, ; K PAY THIS BILL AT COOKCOUNTYTREASURER.COM OR ANY CHASE BANK. By STATE LAW. ! 2007 Assessed Value T Property location and classification for this PIN 10,298 6401 LINCOLN AVE MORTON GROVE IL 60053 2698 Property C perty Classfication 5-90 C T Taxing District 2008 Tax 2008 Rate 2008 % Pension 2007 Tax 2007 Rate �p MISCELLANEOUS TAXES 2008 Assessed Value 19 North Shore Mosquito Abatement 2.45 0.008 0.11% 2.34 0.008 - 10,298 O Metro Water Reclamation District 77.30 0.252 3.63% 4.60 77.02 0.263 Morton Grove Park District 83.43 0.272 3.92% 8.89 84.64 0.289 2008 State Equalization Factor Miscellaneous Taxes Total 163. 1 8 0.532 7.68% - 164.00 0.560 X 2.9786 - SCHOOL TAXES 2006.Equalized Assessed Value(EAV) O Oakton Community College Dist 535 42.94 0.140 2.02% D.61 41.29 0.741 30,674 Z Community High School District 219 650.29 2. 120 30.52% 13.49 61 9.11 2. 114 School District 70 761.94 2.484 35.76% 14.41 733.91 2.606 z'1i 08 Local Tax Raze School Taxes Total 1,455. 17 4.744 68.30% 1,394.31 4.761 X 6.946% O MUNICIPALITY/TOWNSHIP TAXES 2008 Total Tax Before Exemptions Grove-Ferris/Leigh ••• --- •-_ = 2,130 62. PZ 0.00 0.000 Morton Grove Library Fund 79.45 0.259 3.73% 3.37 77.90 0.266 C Village of Morton Grove 280.67 0.915 13.17% 90.48 291.69 0.996 Homeowner's Exemption Road&Bridge Niles 0.00 0.000 0.00% 0.00 0.000 - 00 0 General Assistance Niles 0.92 0.003 0.04% Town Niles 8.28 0.021 0.39% 7.91 0.027 Senior Citizen Exemption C Munlcipallty/Township Taxes Total 369.32 1.204 17.93% 378.38 1.292 - --00 xi COOK COUNTY TAXES Senior Assessment Freeze Exemp[mn p IT .00 Cook County Forest Preserve District 15.64 0.051 0.73% 0.30 15.52 0.053 IT Consolidated Elections 0.00 0.000 0.00% 3.51 0.012 County of Cook 68.72 0.224 3.23% 21.16 54.46 0.186 Cook County Public Safety 32.21 0.105 1.51% 48.91 0.167 70 Cook County Health Facilities - 26.38 0.086 1.24% 27.24 0.093 Cook County Taxes Total 142.95 0.466 6.71% 149.64 0.511 2008 Total Tax After Exemptions 0 (Do not pay these totals) 2,130.62 6.946 100.00% 2,086.33 7. 124 2,130-62 First Installment 1,043.17. Second Installment + 1;087 45 Total 2008 Tax(Payable In 2009) = 2,130 62 GUY BATT I STA 9421 N SHERMER MORTON GRV IL 60053-1141 IF YOUR TAXES ARE PAID BY MORTGAGE ESCROW, BE SURE NOT TO DOUBLE PAY. IMPORTANT Records indicate taxes for prior years may he due. NOTICE Contact the Cook County Clerk. Call 312.603.5656. ""Visit cookctyclerk.com for information about TIFs and for TIF revenue distributions. HASE =i CHASE !i CHASE Ce CHASE !i Q, o- .,. y = = LI N CO Li A FI 3 C CG * --I rp , : =_ 3 ry. CU 3 2-. FN ry O 3 Si: o T o 'C .3r' R `G N 0`G J Z ' a,. o --rF^�:a 'c _. ... -..m r�R r..L- it yam,. m -w+ gym°c cI a t: 'a y In s a mp m .I.74. pJ fp 0 ° ;• : c 2 r O 5. to T mLS ♦ i r aro o• + o- cm o Qo'< u K CO rzi_ a o a o PAYONLY THIS AMOUNT /K� 2008 Second Installment Property Tax Bill `3,642.39 Property Index Number(PIN) Volume Code Tax Tear (Payable In) Township BY12/01/119(on time) 10-19-203-025-0000 117 24062 2008 (2009) NILES IF PAID LATE 12/02/09 - 01/01/10 IF PAID LATE 01/02/10 - 02/0110 IF PAID LATE 02/02/111 - 03/0110 $ 23 , 997. 03 $ 24, 351 . 67 $ 24, 706 . 31 LTA< CALCULATOR THANK YOU FOR YOUR FIRST INSTALLMENT PAYMENT OF: I LATE PENALTY f $ 22,680.90 ON 03-03-09 i IS 1.5%PER MONTH, I - T. PAY THIS BILL AT COOKCOUNTYTREASURER.COM OR ANY CHASE BANK. I BY STATE LAW. I 2087 Assessed Value m R1 Property location and classification for this PIN 223.,899 C 6410 CHESTNUT ST MORTON GROVE IL 60053 2601 Property Classification 5-93 m Taxing District 2008 Tax 2008 Rate 2008 % Pension 2007 Tax 2007 Rate M MISCELLANEOUS TAXES 2908 Assessed Value North Shore Mosquito Abatement 53.35 0.008 0.12% 50.94 0.008 - = 223,899 0 Metro Water Reclamation District 1,680.60 0.252 3.63% 100.03 1,674 64 0.263 2008 State Equalization Factor xi Morton Grove Park District 1,813.98 0.272 3.92% 193.40 1,840.20 0.289 Miscellaneous Taxes Total 3,547. 93 0.532 7.67% 3,565.78 0.560 X 2-986- - SCHOOL TAXES 2008 Equalized Assessed Value(FAV) Q Oakton Community College Dist 535 933.67 0.140 2.02% 13.33 897.81 0.141 - 666,906 Community High School District 219 14,138.41 2.120 30.52% 293.43 13,460.81 2. 114 2008 Local Tax Rate Z School District 70 16,565.95 2.484 35.76% 313.44 15,956.85 2.506 - X 6:9d6% O School Taxes Total 91,638.03 4.744 68.30% 30,315.47 4.761 MUNICIPALITY/TOWNSHIP TAXES 2008 Total Tax Before Exemptions TIF-Morton Grove-Ferris/Leigh ••• ••• ••. = 46,323.29 Morton Grove Library Fund 3.74 0,266 rY 1,102.29 0.915 3.17% 67.37 1,693.74 0,266 0 Rogge of Morton Grove 6,100.10 0.915 13. 17% 1,967.37 6,341.00 0.996 HomeoWnel's`Examt%ipn 90 Q Road 8 Bridge Niles 0.00 0.000 0.00% 0.00 0.000 General Assistance Niles 20.01 0.003 0.04% 19.10 0.003 Town Niles 180.06 0 027 0.39% 171.92 0.027 Senior En¢eo.Exemptlpn Municipality/Township Taxes Total 8,029.55 1.204 17.33% 8,226.75 1.292 .00 COOK COUNTY TAXES Senior Assessment Freeze Exemption Wi 09 m Cook County Forest Preserve District 340.10 0 051 0.73% 6.66 376.4 0.02 n Consolidated Elections 0.00 0.000 0.00% 76.41 1 0.012 County of Cook 1,493.87 0.224 3.22% 460.16 1,184.36 0.186 Q Cook County Public Safety 700.25 0.105 1.51% 1 063.37 0.167 > Cook County Health Facilities 573.54 0.086 1.24% Cook County Taxes Total 3,107.78 0.466 6.70% 3,253.79 0.511 2008 Total Teix After Exemptions to (Do not pay these totals) 46,323.29 6.946 100.00% 45,381.79 7. 124 = 46,323.29 First Installment 22,fi8O 90 Second Installment_ + 23,642,39 Tgtal 2008 Tax(Payable In 2009} = 46,323.29 GUY BATTISTA 9421 N SHERMER MORTON GROVE IL 60053-1141 IF YOUR TAXES ARE PAID BY MORTGAGE ESCROW, BE SURE NOT TO DOUBLE PAY. ***Visit cookctyclerk.com for information about TIFs and for TIF revenue distributions. a CHASE i i CHASE o f giASE !i CHA! x m s CC EI C: r r - J 3 C.7 #k a L L lW 2 0 - -, .z-ti *C_ �O N - = b * 3 Ci d r T� * `C r, O ru `1 _ to.. is, 2, y - a O •< _ C] .V •: O ra N fltri MA Lc 0a NTF 01 c om`c -fn rR, a w C n 's om r o /� r. es, •• • v • Vl�r��r rr1� CONTRACT FOR THE PURCHASE OF VACANT LAND LOCATED AT 6410-6418 CHESTNUT STREET, MORTON GROVE, ILLINOIS BETWEEN THE VILLAGE OF MORTON GROVE AND GUY AND LUANN BATTISTA The VILLAGE OF MORTON GROVE, a municipal corporation and a home rule unit of government located in Cook County, Illinois ("Village") hereby agrees to purchase and Guy and LuAnn Battista ("Seller") hereby agrees to sell that property commonly known as 6410 Chestnut Street, Morton Grove, Illinois and legally described in Exhibit A and all improvements thereon ("the real estate") pursuant to the following terms and conditions: 1) PURCHASE PRICE: The Village shall pay Seller the sum of one million fifty thousand dollars ($1,050,000) to be paid as follows: A Within two (2) business days of the execution and delivery of this Contract, the Village shall deposit with the Seller's attorney the sum of One Thousand Dollars ($1,000.00) as and for "Earnest Money". B Payment at Closing. The balance of the Purchase Price, as adjusted by agreed or customary credits and prorations including tax prorations, security deposits, and unpaid utilities shall be paid in good funds at Closing. `ft January__19 2009 2) CLOSING: The Closing shall take place after N XeCta n1atif cr1ciithYSPINKI at 7749 N. Milwaukee Avenue, Niles, Illinois 60714-4733. 3) CONTINGENCY PERIOD AND INSPECTIONS. A The Seller shall make available to Village for Village's inspection, copies of all leases, contracts, rent rolls, surveys, environmental reports, soils tests, maps and plats for the subject property in its possession and control within ten (10) business days after the date the contract is executed. B The Village and its agents shall have until 5:00 PM on November 30, 2009 (the "Contingency Period") to conduct, at Village's sole cost and expense and subject to the terms hereof, its "Inspection" of the Subject Property which may include without limitation physical inspections, asbestos sampling, surveys, soils tests, site analyses, engineering studies, examinations of the building and improvements thereon (including structural and mechanical tests) environmental studies and investigations and appraisals. C The Village may terminate this Contract for any reason during the contingency period and in such event, the Earnest Money (and any interest earned thereon) shall be returned to Village. D Seller represents and warrants the real estate shall be vacant at closing: 4) TAX PRORATIONS: The Seller shall be responsible for the payment of all real estate taxes prior to closing. The Seller shall pay all of the 2008 real estate taxes at or prior to the closing. The 2009 and 2010 real estate taxes shall be prorated through the date of closing at 100% of the 2008 • Contract for the Purchase of 6410 Chestnut Street Page 2 of 5 tax bill and shall be re-prorated when the 2009 second installment tax bill is available. Taxes for 2010 shall be/prorated at 110% of the 2009 bill. At closing, the Seller shall deposit with Seller's attorney, as escrowee, an additional sum equal to 50% of the credit given to Village for the 2009/2010 tax prorations to guarantee the final reproration. 5) TITLE: At Seller's expense, Seller will deliver or cause to be delivered to the Village within five (5) days in advance of Closing, as evidence of title in Seller, a title commitment for an ALTA title insurance policy in the amount of the Purchase Price with extended coverage by a title company mutually acceptable to the parties issued on or subsequent to the Date of Acceptance of this Contract, subject only to items listed in Paragraph 7. The parties understand and agree the Sellers attorney shall order title insurance through Attorneys' Title Guaranty Fund. The parties shall each pay their respective usual and customary share of any requested additional title charges and the parties shall equally pay for any closing escrow incurred as a result of this transaction. If the title commitment discloses any exceptions not acceptable to Village, then Seller shall have said exceptions or encroachments removed, or, with the Village's approval, have the title insurer commit to insure against loss or damage that may be caused by such exceptions or encroachments. If Seller fails to have unpermitted exceptions waived or title insured over prior to Closing, Village may elect to take the title as it then is, with the right to deduct from the Purchase Price prior encumbrances of a definite or ascertainable amount as shall be reasonably agreed by the parties. Seller shall furnish Village at Closing an Affidavit of Title covering the date of Closing, and shall sign any other customary forms required for issuance of an ALTA Insurance Policy. 6) SURVEY. Within seven days prior to closing, Seller shall furnish a staked ALIM survey dated 63 within 90 days of closing showing all boundaries, rights of way, easements, and set back lines and 1"-8 evidencing that the property is free of all encroachments. 7) DEED: Seller shall convey or cause to be conveyed to the Village good and merchantable title to the Real Estate by recordable Trustee's Deed subject only to: general real estate taxes not due and payable at the time of Closing, covenants, conditions, and restrictions of record, building lines and easements, applicable zoning and building laws, ordinances, restrictions and acts suffered or done by the Village if any, so long as they do not interfere with the current use and enjoyment of the real estate. 8) POSSESSION: At closing, the Seller shall surrender the property devoid of any tenancies and free and clear of any leases. 9) SELLER REPRESENTATIONS: Seller represents that all leases and tenancies have been fully disclosed to Village, that Seller has not received written notice from any Governmental body of(a) zoning, building, fire or health code violations that have not been corrected; (b) any pending rezoning; or(c) a proposed or confirmed special assessment and /or special service area affecting the Real Estate. Seller further represents that Seller has no knowledge of boundary line disputes, easements or claims of easement not shown by the public records, any hazardous waste on the Real Estate or any improvements for which the required permits were not obtained. 10)DEMOLITION: Prior to the closing, the owner shall cause to see the demolition of the structure • Contract for the Purchase of 6410 Chestnut Street Page 3 of 5 and all other site improvements including pavement and building foundations., provided within ten (10) business days prior to closing or such earlier date so as to allow for the complete demolition of the improvements on the property, but only after the Village has completed its due diligence pursuant to paragraph 3B of this contract, the Village shall deposit in a Joint Order Escrow Account with Attorneys' Title Guaranty Fund the sum of$1,000,000.00 to guarantee the Village's consummation of the purchase of the property. Interest shall accrue to the benefit of the Village. At the same time, the Village shall execute a document waiving any right it has at the time to cancel this contract for any reason whatsoever, other than sellers' default under the contract, after demolition of improvements on the property have been started. If the Village fails to complete the closing of this transaction for any reason other than sellers' default under the contract, the Village shall pay to seller as liquidated damages an amount equal to the difference between the sales price at which sellers are able to sell the property as vacant property to another purchaser and the purchase price of this contract, $1,050,000.00. 11)MAINTENANCE OF PROPERTY: Prior to the vacancy and demolition of the building, the property (including the building and the grounds) shall be maintained in the same condition as found on the date of the contract, normal wear and tear, excepted. 12)DESTRUCTION OR DAMAGE OF PROPERTY. If prior to the closing, the subject property or any part thereof shall be destroyed or materially damaged by fire or other casualty, the Village shall have the option to terminate this Contract, upon written notice given to the other party within ten (10) days after such material damage. In such an event, the earnest money shall be returned to the Village. If the foregoing option to terminate is not exercised, this Contract shall continue in full force and effect, and the Seller shall assign its interest in any insurance policies covering the property at the time of the fire or casualty to the Village. 13)DEFAULT: Seller shall be responsible for all damages, reasonable costs and expenses including attorney's fees due to the failure of the Seller to comply with the terms of this Contract. The Village shall be responsible for all damages, reasonable costs and expenses, including attorney's fees incurred by the Seller, in excess of any earnest money retained by Seller due the failure of the Village to comply with the terms of this Contract. 14)NOTICE: All notices required shall be in writing and shall be delivered by personal delivery; by certified mail, return receipt requested which shall be effective on the date of mailing; or by sending facsimile transmission which shall be effective as of date and time of facsimile transmission, provided that the notice transmitted shall be sent on business days during business hours(9:00 A.M. to 5:00 P.M. Chicago time). In the event fax notice is transmitted during non- business hours, the effective date and time of notice is the first hour of the first business day after transmission. Notices to the Seller shall be addressed to Seller's attorney: Jay A. Slutzky, sellers' attorney, at 7749 N. Milwaukee Avenue, Niles, Illinois 60714 (phone 847/967-7979 or fax 847/967-7984) Notices to the Village shall be addressed to Teresa Hoffman Liston, Corporation Counsel, 6101 Capulina Avenue, Morton Grove, Illinois 60053; fax: 847-965-4162. Contract for the Purchase of 6410 Chestnut Street Page 4 of 5 15) MISCELLANEOUS: A Time is of the essence of this Contract. B The Seller shall pay for all County, State and Municipal transfer taxes to the extent required by law. C All disputes related to the construction or enforcement of these terms and provisions shall be governed by the laws of the State of Illinois and are subject to the covenant of good faith and fair dealing implied in all Illinois contracts. D The terms of this contract and all related negotiations shall be kept confidential to the extent allowed by law until this transaction has closed. E The parties agree to comply with the reporting requirements of the applicable sections of the Internal Revenue Code and the Real Estate Settlement Procedures Act of 1974, as amended. THIS CONTRACT SHALL NOT BECOME EFFECTIVE UNLESS AUTHORIZED BY THE VILLAGE BOARD OF TRUSTEES OF THE VILLAGE OF MORTON GROVE. This Contract has been executed as of /IoUE4-tf6ht- (g , 2009 (the Contract date). "Seller" r `Buyer" GUY BATTISTA LuAnn Battista VILLAGE OF MORTON GROVE, ILLINOIS By: By: NarA& Guy Battista Name: Daniel J. Staackmann Title: Property owner ,, � Title: Village President an r- � 2%��""" _" Attest: By: L Ann Battista By: property owner Name: Name: Tony S. Kalogerakos Title: Title: Village Clerk Contract for the Purchase of 6410 Chestnut Street Page 5 of 5 Exhibit A PIN Numbers 10-19-203-022-0000 10-19-203-023-0000 10-19-203-025-0000 INSERT LEGAL DESCRIPTION HERE STATE OF ILLINOIS) ) SS COUNTY OF COOK ) I, Tony S. Kalogerakos, Village Clerk for the Village of Morton Grove in the County of Cook, in the State of Illinois, do hereby certify that the following, hereinafter described, are true and correct copies of the original documents which are part of the records of my office as such Village Clerk: Resolution 09-61 Authorizing the Village to Acquire Property Commonly Known as 6410 Chestnut Street, Morton Grove, Illinois I hereby subscribe my name as Village Clerk and affix the Official Corporate Seal of the Village of Morton Grove,this 27th day of October 2009. TONY S. OGERAIWS, Village Clerk Legislative Summary Resolution 09-61 AUTHORIZING THE VILLAGE OF MORTON GROVE TO ACQUIRE PROPERTY COMMONLY KNOWN AS 6410 CHESTNUT STREET, MORTON GROVE, ILLINOIS Introduced: October 26, 2009 Objective: To authorize the purchase of property commonly known as 6410 Chestnut Street which is located within the Lehigh/Ferris TIF District. Purpose: This property will be land banked for future redevelopment. Background: Since the creation of the Lehigh/Ferris TIF District in 2000, the Village has acquired numerous pieces of property for possible future development. The property located at 6410 Chestnut Street recently became available for purchase. As requested by the Village Board, Village staff has negotiated a contract with the owner for Village Board approval. The terms of the contract include: 1. The Purchase Price $1,050,000; 2. Closing on or before December 18,2009. 3. The owner shall raze the building and clear the site prior to closing. 4. All leases will be terminated prior to closing. Funds for the purchase and acquisition of this property are contained in the 2009 Budget, in the Lehigh/Ferris TIF District Fund(general obligation bond). Programs, Departments Finance Department,Village Administrator, Legal Department, Community and or Groups Affected: Economic Development Fiscal Impact: $1,050,000 Source of Funds: Funds have been budgeted for in the Lehigh/Ferris TIF District Fund. Workload Impact: Corporation Counsel will handle the closing of this transaction as part of her normal workload. Administrator Approval as presented. Recommendation: Second Reading: Not Required Special Considerations or None Requirements: Administrator Approval _1i,,;:,,.' GI K/ 1111116. os , !'F. Wide, Village Administrator r Prepared by: I _' Reviewed by: �_rs - Teresa'Hoffman iston, Corporation Counsel Bill Neuendorf, Co nity& Economic Development Din. tor RESOLUTION 09-61 AUTHORIZING THE VILLAGE OF MORTON GROVE TO ACQUIRE PROPERTY COMMONLY KNOWN AS 6410 CHESTNUT STREET,MORTON GROVE, ILLINOIS 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 property commonly known as 6410 Chestnut Street, Morton Grove, Illinois 60053 is located in the Lehigh/Ferris TIF Redevelopment District; and WHEREAS,to date, as part of the Lehigh/Ferris Redevelopment Plan, the Village has acquired and land banked certain properties for future redevelopment; and WHEREAS, it is in the best interest of the Village of Morton Grove to acquire the property commonly known as 6410 Chestnut Street, Morton Grove, Illinois 60053 to be land banked as stated above; and WHEREAS, the Village, in its 2009 budget, appropriated sufficient funds for the purchase and acquisition of properties; and WHEREAS, the cost to acquire this property shall be paid from the Village's Lehigh/Ferris TIF District Fund (general obligation bond); and WHEREAS, Village staff and the owner of the property have negotiated a"Contract" for the purchase of the property subject to the approval of the Village Board of Trustees; and WHEREAS, the terms of the contract include: 1. The Purchase Price$1,050,000; 2. Closing on or before December 18, 2009. 3. The building razed and site cleared prior to closing. 4. All leases will be terminated prior to closing. NOW, THEREFORE BE IT RESOLVED 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 Resolution as though fully set forth herein thereby making the findings as hereinabove set forth. SECTION 2: The Village President and Village Clerk of the Village of Morton Grove are hereby authorized to execute a contract between the Village and the Mr. Guy Battista for the purchase of property commonly known as 6410 Chestnut Street, Morton Grove, Illinois for the sum of$1,050,000 with a closing to occur on or about December 18, 2009,with additional terms and conditions in substantial conformity with Exhibit"A". SECTION 3: The Village Administrator, Corporation Counsel and/or their designees are hereby authorized to prepare, execute, and deliver any documents or take any steps necessary to purchase said property pursuant to the contract. SECTION 4: This Resolution is an exercise of the home rule authority of the Village of Morton Grove and is intended to and, to the fullest extent allowed by the constitution of the State of Illinois, shall be construed as to supersede any contrary or conflicting state, county, or local rule or regulation. SECTION 5: This Resolution shall be in full force and effect from and after its passage, approval and publication according to law. PASSED this 26th day of October 2009. Trustee DiMaria 4e5-777-/o✓ Trustee Gomberg A- e Trustee Grear /� , Trustee Marcus Trustee Thill I e Trustee Toth Aye APPROVED by me this 26th day of October 215•. ° / aid II.1 ie 7 t.Yr ann, Village President Village of Morton Grove Cook County, Illinois APPROVED and FILED in my office this 27th day of OctobeM / _ _ a Tony S. Ka arakos, Village Clerk Village of Morton Grove Cook County, Illinois CONTRACT FOR THE PURCHASE OF VACANT LAND LOCATED AT 6410 CHESTNUT STREET, MORTON GROVE, ILLINOIS BETWEEN THE VILLAGE OF MORTON GROVE AND GUY BATTISTA The VILLAGE OF MORTON GROVE, a municipal corporation and a home rule unit of government located in Cook County, Illinois ("Village" or"Buyer*) hereby agrees to purchase and Guy Battista ("Seller") hereby agrees to sell that property commonly known as 6410 Chestnut Street, Morton Grove, Illinois and legally described in Exhibit A and all improvements thereon ("the real estate") pursuant to the following terms and conditions: 1) PURCHASE PRICE: The Village shall pay Seller the sum of one million fifty thousand dollars ($1,050,000) to be paid as follows: A Within two (2) business days of the execution and delivery of this Contract, the Village shall deposit with the Seller's attorney the sum of One Thousand Dollars ($1, 000.00) as and for"Earnest Money". B Payment at Closing. The balance of the Purchase Price, as adjusted by agreed or customary credits and prorations including tax prorations, security deposits, and unpaid utilities shall be paid in good funds at Closing. 2) CLOSING: The Closing shall take place no later than December 18, 2009, at a location mutually agreed upon by the Village and the Seller. 3) CONTINGENCY PERIOD AND INSPECTIONS. A The Seller shall make available to Village for Village's inspection, copies of all leases, contracts, rent rolls, surveys, environmental reports, soils tests, maps and plats for the subject property in its possession and control before 5:00 pm on October 23, 2009. B The Village and its agents shall have until 5:00 PM on October 23, 2009 (the "Contingency Period") to conduct, at Village's sole cost and expense and subject to the terms hereof, its "Inspection" of the Subject Property which may include without limitation physical inspections, asbestos sampling, surveys, soils tests, site analyses, engineering studies, examinations of the building and improvements thereon (including structural and mechanical tests) environmental studies and investigations and appraisals. C The Village may terminate this Contract for any reason during the contingency period and in such event, the Earnest Money (and any interest earned thereon) shall be returned to Village. D Seller represents and warrants the real estate shall be vacant at closing: 4) TAX PRORATIONS: The Seller shall be responsible for payment of all real estate taxes through the date of closing. Taxes through the date of closing which are not yet ascertainable shall be prorated at 150% of the most recent ascertainable full year taxes, and Contract for the Purchase of 6410 Chestnut Street Page 2 of 5 shall be re-prorated when the actual bill is made available. 5) TITLE: At Seller's expense, Seller will deliver or cause to be delivered to the Village within five (5) days in advance of Closing, as evidence of title in Seller, a title commitment for an ALTA title insurance policy in the amount of the Purchase Price with extended coverage by a title company mutually acceptable to the parties issued on or subsequent to the Date of Acceptance of this Contract, subject only to items listed in Paragraph 7. The parties shall each pay their respective usual and customary share of any requested additional title charges and the parties shall equally pay for any closing escrow incurred as a result of this transaction. If the title commitment discloses any exceptions not acceptable to Village, then Seller shall have said exceptions or encroachments removed, or, with the Village's approval, have the title insurer commit to insure against loss or damage that may be caused by such exceptions or encroachments. If Seller fails to have unpermitted exceptions waived or title insured over prior to Closing, Village may elect to take the title as it then is, with the right to deduct from the Purchase Price prior encumbrances of a definite or ascertainable amount as shall be reasonably agreed by the-parties. Seller shall furnish Village at Closing an Affidavit of Title covering the date of Closing, and shall sign any other customary forms required for issuance of an ALTA Insurance Policy. 6) SURVEY. Within seven days prior to closing, Seller shall furnish a staked ALTA survey dated within 90 days of closing showing all boundaries, rights of way, easements, and set back lines and evidencing that the property is free of all encroachments. 7) DEED: Seller shall convey or cause to be conveyed to the Village good and merchantable title to the Real Estate by recordable Warranty Deed subject only to: general real estate taxes not due and payable at the time of Closing, covenants, conditions, and restrictions of record, building lines and easements, applicable zoning and building laws, ordinances, restrictions and acts suffered or done by the Village if any, so long as they do not interfere with the current use and enjoyment of the real estate. 8) POSSESSION: At closing, the Seller shall surrender the property devoid of any tenancies and free and clear of any leases. 9) SELLER REPRESENTATIONS: Seller represents that all leases and tenancies have been fully disclosed to Village, that Seller has not received written notice from any Governmental body of(a) zoning, building, fire or health code violations that have not been corrected; (b) any pending rezoning; or(c) a proposed or confirmed special assessment and !or special service area affecting the Real Estate. Seller further represents that Seller has no knowledge of boundary line disputes, easements or claims of easement not shown by the public records, any hazardous waste on the Real Estate or any improvements for which the required permits were not obtained. 10) DEMOLITION: Prior to the closing, the owner shall cause to see the demolition of the structure and all other site improvements including pavement and building foundations. Contract for the Purchase of 6410 Chestnut Street Page 3 of 5 11)MAINTENANCE OF PROPERTY: Prior to the vacancy and demolition of the building, the property (including the building and the grounds) shall be maintained in the same condition as found on the date of the contract, normal wear and tear, excepted. 12)DESTRUCTION OR DAMAGE OF PROPERTY. If prior to the closing, the subject property or any part thereof shall be destroyed or materially damaged by fire or other casualty, the Village shall have the option to terminate this Contract, upon written notice given to the other party within ten (10) days after such material damage. In such an event, the earnest money shall be returned to the Village. If the foregoing option to terminate is not exercised, this Contract shall continue in full force and effect, and the Seller shall assign its interest in any insurance policies covering the property at the time of the fire or casualty to the Village. 13) DEFAULT: Seller shall be responsible for all damages, reasonable costs and expenses including attorney's fees due to the failure of the Seller to comply with the terms of this Contract. The Village shall be responsible for all damages, reasonable costs and expenses, including attorney's fees incurred by the Seller, in excess of any earnest money retained by Seller due the failure of the Village to comply with the terms of this Contract. 14)NOTICE: All notices required shall be in writing and shall be delivered by personal delivery; by certified mail, return receipt requested which shall be effective on the date of mailing; or by sending facsimile transmission which shall be effective as of date and time of facsimile transmission, provided that the notice transmitted shall be sent on business days during business hours (9:00 A.M. to 5:00 P.M. Chicago time). In the event fax notice is transmitted during non-business hours, the effective date and time of notice is the first hour of the first business day after transmission. Notices to the Seller shall be addressed to Seller's attorney: Notices to the Village shall be addressed to Teresa Hoffman Liston, Corporation Counsel, 6101 Capulina Avenue, Morton Grove, Illinois 60053; fax: 847-965-4162. 15) MISCELLANEOUS: A Time is of the essence of this Contract. B The Seller shall pay for all County, State and Municipal transfer taxes to the extent required by law. C All disputes related to the construction or enforcement of these terms and provisions shall be governed by the laws of the State of Illinois and are subject to the covenant of good faith and fair dealing implied in all Illinois contracts. D The terms of this contract and all related negotiations shall be kept confidential to the Contract for the Purchase of 6410 Chestnut Street Page 4 of 5 extent allowed by law until this transaction has closed. E The parties agree to comply with the reporting requirements of the applicable sections of the Internal Revenue Code and the Real Estate Settlement Procedures Act of 1974, as amended. THIS CONTRACT SHALL NOT BECOME EFFECTIVE UNLESS AUTHORIZED BY THE VILLAGE BOARD OF TRUSTEES OF THE VILLAGE OF MORTON GROVE. This Contract has been executed as of , 2009 (the Contract date). "Seller" "Buyer" GUY BATTISTA VILLA OF /•'•4 j 'OVE, ILLINOIS By: By: A 4% — Name: Guy Battista Name: Daniel J. Staackmann Title: property owner Title: Village President Attest: Attest: By: By: f a c 2- Name: Name: Tony S. Kalocierakos Title: Title: Village Clerk Exhibit A Contract for the Purchase of 6410 Chestnut Street Page 5 of 5 PIN Numbers 10-19-203-022-0000 10-19-203-023-0000 10-19-203-025-0000 INSERT LEGAL DESCRIPTION HERE RIDER A This Rider is attached to and made a part of that certain Real Estate Sales Contract between VILLAGE OF MORTON GROVE, a municipal corporation, as Purchaser, and GUY F. BATTISTA and LUANN BATTISTA as Sellers of the property commonly known as 6410-6418 Chestnut Street, Morton Grove, Illinois 60714. A. It is the Sellers' intention to exchange the subject premises for real property of like kind ("exchange property")under such terms and conditions that qualify for non-recognition of gain pursuant to Section 1031 of the Internal Revenue Code of 1986. B. In connection with any tax-free exchange pursuant to Section 1031 of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder, involving the premises and other property owned or to be acquired by Sellers (the "Exchangor"), Exchangor may, without the consent of Purchaser, assign this Agreement and its rights hereunder to any qualified intermediary (an "Intermediary")participating with Exchangor in such exchange as contemplated by Treasury Regulation Section 1.1031(k)-1(g)(4) and related regulations. In the event of any such assignment to an Intermediary: (i)Exchangor shall give written notice of such assignment and the identity of the Intermediary to the Purchaser at least five (5) days prior to the date of closing; (ii) except to the extent of any liabilities expressly assumed by the Intermediary in writing in connection with such assignment, the Intermediary shall have no personal liability to the Purchaser or any other person or entity under this Agreement, or under any other document or instrument at any time executed by Exchangor or the Intermediary in connection herewith or pursuant hereto (each such document or instrument being referred to herein as a "Related Document"), and neither the Purchaser nor any other person or entity shall have any recourse against the Intermediary or any of its assets on account of any breach or default hereunder or under any Related Document; (iii) the Intermediary shall have all of the rights and remedies of Exchangor provided for herein or in any Related Documents; (iv) there shall be no diminution of the Purchaser's rights or remedies, and no increase of the Purchaser's liabilities or obligations, hereunder or under any Related Document on account of such assignment; (v)notwithstanding anything to the contrary contained herein,Exchangor shall continue to be liable for all obligations imposed upon Exchangor under this Agreement and under any Related Document executed by Exchangor. Purchaser: Sellers: VILLAGE OF MORTON GROVE, ILLINOIS By: Village President GUY F. BATTISTA Attest: Village Clerk LU ANN BATTISTA STATE OF ILLINOIS) ) SS COUNTY OF COOK ) I, Tony S. Kalogerakos, Village Clerk for the Village of Morton Grove in the County of Cook, in the State of Illinois, do hereby certify that the following, hereinafter described, are true and correct copies of the original documents which are part of the records of my office as such Village Clerk: Resolution 09-61 Authorizing the Village to Acquire Property Commonly Known as 6410 Chestnut Street, Morton Grove, Illinois I hereby subscribe my name as Village Clerk and affix the Official Corporate Seal of the Village of Morton Grove,this 27th day of October 2009. ZY/Cari 12-- TON S. KAL011 ' •4 OS, Villag lerk • Legislative Summary Resolution 09-61 --- AUTHORIZING THE VILLAGE OF MORTON GROVE TO ACQUIRE PROPERTY COMMONLY KNOWN AS 6410 CHESTNUT STREET, MORTON GROVE, ILLINOIS Introduced: October 26,2009 Objective: To authorize the purchase of property commonly known as 6410 Chestnut Street which is located within the Lehigh/Ferris TIF District. Purpose: This property will be land banked for future redevelopment. Background: Since the creation of the Lehigh/Ferris TIF District in 2000,the Village has acquired numerous pieces of property for possible future development. The property located at 6410 Chestnut Street recently became available for purchase. As requested by the Village Board, Village staff has negotiated a contract with the owner for Village Board approval. The terms of the contract include: I. The Purchase Price $1,050,000; 2. Closing on or before December 18, 2009. 3. The owner shall raze the building and clear the site prior to closing. 4. All leases will be terminated prior to closing. Funds for the purchase and acquisition of this property are contained in the 2009 Budget, in the Lehigh/Ferris TIF District Fund(general obligation bond). Programs, Departments Finance Department,Village Administrator,Legal Department, Community and or Groups Affected: Economic Development Fiscal Impact: $1,050,000 Source of Funds: Funds have been budgeted for in the Lehigh/Ferris TIF District Fund. Workload Impact: Corporation Counsel will handle the closing of this transaction as part of her normal workload. Administrator Approval as presented. Recommendation: Second Reading: Not Required Special Considerations or None Requirements: Administrator Approval 4 g, 41 �U os- d!F. Wide, Village Administrator Prepared by: Reviewed by: `jrz - —� Teresa‘Hoffan iston, Corporation Counsel Bill Neuendorf, Co nity& Economic Development Din tor RESOLUTION 09-61 AUTHORIZING THE VILLAGE OF MORTON GROVE TO ACQUIRE PROPERTY COMMONLY KNOWN AS 6410 CHESTNUT STREET, MORTON GROVE, ILLINOIS 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 property commonly known as 6410 Chestnut Street, Morton Grove, Illinois 60053 is located in the Lehigh/Ferris TIF Redevelopment District; and WHEREAS,to date, as part of the Lehigh/Ferris Redevelopment Plan,the Village has acquired and land banked certain properties for future redevelopment; and WHEREAS, it is in the best interest of the Village of Morton Grove to acquire the property commonly known as 6410 Chestnut Street, Morton Grove, Illinois 60053 to be land banked as stated above; and WHEREAS,the Village, in its 2009 budget, appropriated sufficient funds for the purchase and acquisition of properties; and WHEREAS, the cost to acquire this property shall be paid from the Village's Lehigh/Ferris TIF District Fund (general obligation bond); and WHEREAS, Village staff and the owner of the property have negotiated a"Contract" for the purchase of the property subject to the approval of the Village Board of Trustees; and WHEREAS, the terms of the contract include: 1. The Purchase Price $1,050,000; 2. Closing on or before December 18, 2009. 3. The building razed and site cleared prior to closing. 4. All leases will be terminated prior to closing. NOW, THEREFORE BE IT RESOLVED 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 Resolution as though fully set forth herein thereby making the findings as hereinabove set forth. SECTION 2: The Village President and Village Clerk of the Village of Morton Grove are hereby authorized to execute a contract between the Village and the Mr. Guy Battista for the purchase of property commonly known as 6410 Chestnut Street, Morton Grove, Illinois for the sum of$1,050,000 with a closing to occur on or about December 18, 2009, with additional terms and conditions in substantial conformity with Exhibit"A". SECTION 3: The Village Administrator, Corporation Counsel and/or their designees are hereby authorized to prepare, execute, and deliver any documents or take any steps necessary to purchase said property pursuant to the contract. SECTION 4: This Resolution is an exercise of the home rule authority of the Village of Morton Grove and is intended to and,to the fullest extent allowed by the constitution of the State of Illinois, shall be construed as to supersede any contrary or conflicting state, county, or local rule or regulation. SECTION 5: This Resolution shall be in full force and effect from and after its passage, approval and publication according to law. PASSED this 26`" day of October 2009. Trustee DiMaria 4e S-7/7 Ail Trustee Gomberg A e Trustee Grear /a ' Trustee Marcus Trustee Thill f e Trustee Toth 11V APPROVED by me this 26th day of October 211''. t / irlder Aiwa D a ie J t. P ann, Village President Village of Morton Grove Cook County, Illinois APPROVED and FILED in my office this 27t day ofOctober 2019. / , Tony S. Ka erakos, Village Clerk Village of Morton Grove Cook County, Illinois CONTRACT FOR THE PURCHASE OF VACANT LAND LOCATED AT 6410 CHESTNUT STREET, MORTON GROVE, ILLINOIS BETWEEN THE VILLAGE OF MORTON GROVE AND GUY BATTISTA The VILLAGE OF MORTON GROVE, a municipal corporation and a home rule unit of government located in Cook County, Illinois ("Village" or"Buyer") hereby agrees to purchase and Guy Battista ("Seller") hereby agrees to sell that property commonly known as 6410 Chestnut Street, Morton Grove, Illinois and legally described in Exhibit A and all improvements thereon ("the real estate") pursuant to the following terms and conditions: 1) PURCHASE PRICE: The Village shall pay Seller the sum of one million fifty thousand dollars ($1,050,000) to be paid as follows: A Within two (2) business days of the execution and delivery of this Contract, the Village shall deposit with the Seller's attorney the sum of One Thousand Dollars ($1, 000.00) as and for"Earnest Money". B Payment at Closing. The balance of the Purchase Price, as adjusted by agreed or customary credits and prorations including tax prorations, security deposits, and unpaid utilities shall be paid in good funds at Closing. 2) CLOSING: The Closing shall take place no later than December 18, 2009, at a location mutually agreed upon by the Village and the Seller. 3) CONTINGENCY PERIOD AND INSPECTIONS. A The Seller shall make available to Village for Village's inspection, copies of all leases, contracts, rent rolls, surveys, environmental reports, soils tests, maps and plats for the subject property in its possession and control before 5:00 pm on October 23, 2009. B The Village and its agents shall have until 5:00 PM on October 23, 2009 (the "Contingency Period") to conduct, at Village's sole cost and expense and subject to the terms hereof, its "Inspection" of the Subject Property which may include without limitation physical inspections, asbestos sampling, surveys, soils tests, site analyses, engineering studies, examinations of the building and improvements thereon (including structural and mechanical tests) environmental studies and investigations and appraisals. C The Village may terminate this Contract for any reason during the contingency period and in such event, the Earnest Money (and any interest earned thereon) shall be returned to Village. D Seller represents and warrants the real estate shall be vacant at closing: 4) TAX PRORATIONS: The Seller shall be responsible for payment of all real estate taxes through the date of closing. Taxes through the date of closing which are not yet ascertainable shall be prorated at 150% of the most recent ascertainable full year taxes, and Contract for the Purchase of 6410 Chestnut Street Page 2 of 5 shall be re-prorated when the actual bill is made available. 5) TITLE: At Seller's expense, Seller will deliver or cause to be delivered to the Village within five (5) days in advance of Closing, as evidence of title in Seller, a title commitment for an ALTA title insurance policy in the amount of the Purchase Price with extended coverage by a title company mutually acceptable to the parties issued on or subsequent to the Date of Acceptance of this Contract, subject only to items listed in Paragraph 7. The parties shall each pay their respective usual and customary share of any requested additional title charges and the parties shall equally pay for any closing escrow incurred as a result of this transaction. If the title commitment discloses any exceptions not acceptable to Village, then Seller shall have said exceptions or encroachments removed, or, with the Village's approval, have the title insurer commit to insure against loss or damage that may be caused by such exceptions or encroachments. If Seller fails to have unpermitted exceptions waived or title insured over prior to Closing, Village may elect to take the title as it then is, with the right to deduct from the Purchase Price prior encumbrances of a definite or ascertainable amount as shall be reasonably agreed by the parties. Seller shall furnish Village at Closing an Affidavit of Title covering the date of Closing, and shall sign any other customary forms required for issuance of an ALTA Insurance Policy. 6) SURVEY. Within seven days prior to closing, Seller shall furnish a staked ALTA survey dated within 90 days of closing showing all boundaries, rights of way, easements, and set back lines and evidencing that the property is free of all encroachments. 7) DEED: Seller shall convey or cause to be conveyed to the Village good and merchantable title to the Real Estate by recordable Warranty Deed subject only to: general real estate taxes not due and payable at the time of Closing, covenants, conditions, and restrictions of record, building lines and easements, applicable zoning and building laws, ordinances, restrictions and acts suffered or done by the Village if any, so long as they do not interfere with the current use and enjoyment of the real estate. 8) POSSESSION: At closing, the Seller shall surrender the property devoid of any tenancies and free and clear of any leases. 9) SELLER REPRESENTATIONS: Seller represents that all leases and tenancies have been fully disclosed to Village, that Seller has not received written notice from any Governmental body of(a) zoning, building, fire or health code violations that have not been corrected; (b) any pending rezoning; or (c) a proposed or confirmed special assessment and for special service area affecting the Real Estate. Seller further represents that Seller has no knowledge of boundary line disputes, easements or claims of easement not shown by the public records, any hazardous waste on the Real Estate or any improvements for which the required permits were not obtained. 10) DEMOLITION: Prior to the closing, the owner shall cause to see the demolition of the structure and all other site improvements including pavement and building foundations. Contract for the Purchase of 6410 Chestnut Street Page 3 of 5 11)MAINTENANCE OF PROPERTY: Prior to the vacancy and demolition of the building, the property (including the building and the grounds) shall be maintained in the same condition as found on the date of the contract, normal wear and tear, excepted. 12) DESTRUCTION OR DAMAGE OF PROPERTY. If prior to the closing, the subject property or any part thereof shall be destroyed or materially damaged by fire or other casualty, the Village shall have the option to terminate this Contract, upon written notice given to the other party within ten (10) days after such material damage. In such an event, the earnest money shall be returned to the Village. If the foregoing option to terminate is not exercised, this Contract shall continue in full force and effect, and the Seller shall assign its interest in any insurance policies covering the property at the time of the fire or casualty to the Village. 13) DEFAULT: Seller shall be responsible for all damages, reasonable costs and expenses including attorney's fees due to the failure of the Seller to comply with the terms of this Contract. The Village shall be responsible for all damages, reasonable costs and expenses, including attorney's fees incurred by the Seller, in excess of any earnest money retained by Seller due the failure of the Village to comply with the terms of this Contract. 14) NOTICE: All notices required shall be in writing and shall be delivered by personal delivery; by certified mail, return receipt requested which shall be effective on the date of mailing; or by sending facsimile transmission which shall be effective as of date and time of facsimile transmission, provided that the notice transmitted shall be sent on business days during business hours (9:00 A.M. to 5:00 P.M. Chicago time). In the event fax notice is transmitted during non-business hours, the effective date and time of notice is the first hour of the first business day after transmission. Notices to the Seller shall be addressed to Seller's attorney: Notices to the Village shall be addressed to Teresa Hoffman Liston, Corporation Counsel, 6101 Capulina Avenue, Morton Grove, Illinois 60053; fax: 847-965-4162. 15) MISCELLANEOUS: A Time is of the essence of this Contract. B The Seller shall pay for all County, State and Municipal transfer taxes to the extent required by law. C All disputes related to the construction or enforcement of these terms and provisions shall be governed by the laws of the State of Illinois and are subject to the covenant of good faith and fair dealing implied in all Illinois contracts. D The terms of this contract and all related negotiations shall be kept confidential to the Contract for the Purchase of 6410 Chestnut Street Page 4 of 5 extent allowed by law until this transaction has closed. E The parties agree to comply with the reporting requirements of the applicable sections of the Internal Revenue Code and the Real Estate Settlement Procedures Act of 1974, as amended. THIS CONTRACT SHALL NOT BECOME EFFECTIVE UNLESS AUTHORIZED BY THE VILLAGE BOARD OF TRUSTEES OF THE VILLAGE OF MORTON GROVE. This Contract has been executed as of , 2009 (the Contract date). "Seller" "Buyer" GUY BATTISTA VILLA , OF /• •p/WOVE, ILLINOIS By: By: / 4! Name: Guy Battista Name: Daniel J. Staackmann Title: property owner Title: Village President Attest: Attest: By: By: A/ a ,. ' t 2- Name: Name: Tony S. Kalogerakos Title: Title: Village Clerk Exhibit A Contract for the Purchase of 6410 Chestnut Street Page 5 of 5 PIN Numbers 10-19-203-022-0000 10-19-203-023-0000 10-19-203-025-0000 INSERT LEGAL DESCRIPTION HERE JAY A. SLUTZKY Attorney at Law 7749 N. MILWAUKEE AVENUE, NILES, IL 60714-4733 (847)967-7979 FAX(847) 967-7984 E-mail:jayslutzky@yahoo.com October 28, 2009 By Facsimile 847-965-4162 & First Class Mail Teresa Hoffman Liston Corporation Counsel Village of Morton Grove 6101 Capulina Ave. Morton Grove, IL 60053 Re: Battista sale to Village of Morton Grove 6410 Chestnut, Morton Grove, IL Dear Ms. Liston: As I informed you in our telephone conference on October 27, 2009, I represent Guy and LuAnn Battista in connection with their sale of the above-captioned property to the Village of Morton Grove. I have reviewed the proposed contract you forwarded to Mr. Battista and am requesting the following changes: 1. Please correct the address in the heading and preamble paragraph of the contract to show the address to be 6410-6418 Chestnut Street. Also, please add LuAnn Battista as a seller. 2. In paragraph 2, change the closing date to be after December 31, 2009, and before January 8, 2010, as my clients intend to exchange this property pursuant to Section 1031 of the Internal Revenue Code. If we close before the end of 2009, they will not have the full 180 day time period in which to close on their replacement property. The closing will take place in my Niles office at the above address. 3. Change paragraph 3A to provide that the seller will furnish the documents referred to in that subparagraph within 10 business days after the date the contract is executed. 4. In paragraph 3B, change the date by which the Village would complete its due diligence to an appropriate date of your choice. Teresa Hoffman Liston October 28, 2009 Page 2 5. Change paragraph 4 to provide that seller will pay 2008 taxes at or prior to closing. The 2009-2010 taxes to date of closing shall be prorated at 100% of the 2008 tax bill, and shall be reprorated when the 2009 second installment tax bill is available. At closing, seller shall deposit with sellers' attorney as escrowee a sum equal to 50% of the credit given to the buyer for the 2009-2010 taxes to guarantee the reproration. 6. Add to paragraph 5 that title shall be ordered by sellers' attorney through Attorneys' Title Guaranty Fund. Please inform me of any special endorsements the Village will be requesting. I am assuming that there will be no loan policy issued. 7. Change paragraph 6 to provide that the survey furnished by the seller will be a staked boundary survey conforming to the current requirements of the Illinois Department of Professional Regulation. As the improvements on the property are to be demolished and removed by the seller prior to closing resulting in a sale of vacant property, then an ALTA should not be required. Attorneys' Title will issue extended coverage without requiring an ALTA survey. 8. Change paragraph 7 to provide that the deed will be a recordable trustee's deed as title to the property is held in a land trust. Sellers represent and warrant that they are the sole beneficiaries of First National Bank of Niles Trust No. 535 (now administered by Chicago Title and Trust Company). 9. Add to the end of paragraph 10 the following: "Within 10 business days prior to closing or such earlier date so as allow for the complete demolition of the improvements on the property, but only after the buyer has completed its due diligence pursuant to paragraph 3B of this contract, the buyer shall deposit in a Joint Order Escrow Account with Attorneys' Title Guaranty Fund the sum of $1,000,000.00 to guarantee the buyer's consummation of the purchase of the property. At the same time, the buyer shall execute a document waiving any right it has at that time to cancel this contract for any reason whatsoever,other than sellers'default under the contract,after demolition of improvements on the property has been started. If the buyer still fails to complete the closing of this transaction for any reason other than sellers' default under the contract, then buyer shall pay to seller as liquidated damages an amount equal to the difference between the sales price at which sellers are able to sell the property as vacant property to another purchaser and the purchase price of this contract, $1,050,000.00." Terry, my clients and I think that it is unreasonable to require them to demolish the improvements on the property prior to closing without some guarantee that the sale will indeed close. Guy Battista actually would prefer to demolish the property after the closing. If the Village Teresa Hoffman Liston October 28, 2009 Page 3 will not agree to that, then perhaps we can set up an escrow to be held after the closing until the demolition has been completed, and if same is not completed within, e.g. 30 days after closing, then the seller would pay liquidated damages to the Village for their cost of having the improvements demolished and removed. Please call me so that we can discuss this point further. 10. Paragraph 12 should probably be deleted from the contract as the improvements are going to be demolished and removed anyway. 11. Add to paragraph 14 that notices to the seller shall be addressed to me as sellers' attorney at 7749 N. Milwaukee, Niles, Illinois 60714, phone 847-967-7979, fax 847-967-7984. 12. The attached Rider A regarding sellers' 1031 exchange intention is to be attached to the contract. Please review these proposed modifications to the contract with the appropriate people at the Village, and call me so that we may discuss same. Yours very truly, • , I I ifY A. SLU ZKY JAS/es cc: Guy Battista 01/25/10 17:08 FAX 847 967 7984 LAW OFFICES 21001 JAY A. SLUTZKY Attorney at Law 7749 N. MILWAUKEE AVENUE, NILES, IL 60714 (847)967-7979 FAX(847)967-7984 E-mail: jayslutzkylpyahoo.com Website: www.slutzkylaw.com January 15, 2010 By facsimile to 847-965-4162 Teresa Hoffman Liston Corporation Counsel 6101 Capulina Ave. Morton Grove, IL 60053 Re: 6410 Chestnut Dear Terry: I have confirmed with Guy Batista that his tenant HAS vacated the property. He has received the demolition permit from the county; there is no asbestos on the property; the gas and water are turned off and he is just waiting for Corn Ed to turn off the power so he can complete the demolition. He will not demolish the retaining wall on the north as we discussed. Guy told me that someone called him to ask if they could drill holes on the property. We assume it was for the Phase I the Village ordered. Has the Phase I been completed? Attached is a photocopy of the ALTA survey and the wire transfer instructions. Yours v truly, �- 1A A. S - Y 01/27/10 13:24 FAX 84Z 987 7984 LAW OFFICES 1J002 ATTORNEYS'TITLE GUARANTY FUND,INC. ❑ CHAMPAIGN ❑ CHICAGO O WISCONSIN 2408 Windsor Place I South Wacker Drive,24"Floor 448 Wen Washington Ave. P.O.Box 9136 Chicago.IL 60606 Madison,WI 53/03-2729 Champaign,IL 61826-9136 312.1721361 800.7881989 or 605.256.8989 800.252.0402 or 217359.2000 Fax:312.372.1501 Fax:608.236.8990 Fax:217359-2014 JOINT ORDER ESCROW INSTRUCTIONS 090206100108 Escrow Number: /O—(04 ? 9 ATO Member Name: JAY p. SLtJ'ZKY Member No.: 2061 Date: 12/21/09 TO:ATTORNEYS'TITLE GUARANTY FUND,INC.(Escrowee) The undersigned or their representatives hereby deposit the amount of CUE MILLION DOLLARS ($1,000,000-00)with you. These funds are to be held until the date of CLOSING You are hereby authorized and directed to hold this amount until you receive a written direction from both the undersigned Buyers and Sellers or their representatives to disburse said funds. In the event of a dispute among the Buyers,Sellers,or Escrowee,Escrowee is hereby authorized to seek acourtorder from the Circuit Court as to how to proceed.An escrow fee of 5300.00 attorneys'fees and court costs incurred by Attorneys'Title Guaranty Fund,Inc.will be shared equally between the Buyers and Sellers,which may be paid or retained by Escrowee out of the escrowedfuetls.Iftbe escrowed funds are insufficient to pay the escrow fee,attorneys'fees,and court costs,the undersigned shall deposit with the Escrowee sufficient additional funds to indemnify or reimburse Escrowee for such escrow fee,attorneys'fees,and court costs. • Escrowee shall be under no duty to invest any funds deposited hereunder without an express written direction from both the undersigned Buyers and Sellers or their representatives. BUYERS or REPRESENTATIVE - . .. S or REPRESENTATIVE • At / ce Signature , 4 7749 N. 1411au1 E AVE. 847-967-797' Signature Street Phone 6101 CAPULTiNA AVE. 847-470-5220 NILES IL 60714 Street Phone City State Zip 2 ORTON C72O<JE IL 60053 City State Zip ACCEPTED: ornne/y]s'Title ti 'w • Fee USE ik ALL STATES PAGE 212'RCVD AT 112 712 010 1:24:21 PM(Central Standard Time)'SVR:CMFAX-4T11'DMS:314 CSID:847 967 7984'DURATION(mm•ss):00.28 02/17/10 12:13 FAX 847 967 7984 LAW OFFICES 2003 TAX REPRORATION AGREEMENT Date: February 19, 2010 Buyer: VILLAGE OF MORTON GROVE, a municipal corporation Seller: GUY BATTISTA and LUANN BATTISTA Property: 6410-6418 CHESTNUT, MORTON GROVE, ILLINOIS This is to confirm that the sum of $14,846.00 has been deposited in escrow with the undersigned, JAY A. SLUTZKY, as Escrowee to guarantee reproration of 2009-2010 real estate taxes. This deposit is being held in accordance with the terms of the Real Estate Sales Contract dated November 19, 2009, and this Reproration Agreement. In consideration of the closing of the sale and purchase of the above captioned property, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. At the closing of the transaction the Seller allowed the Buyer a credit of$22,762.94 for second installment of 2009 real estate taxes and a credit of$6,929.37 for prorated taxes for the period from January 1, 2010 through February 19, 2010, upon the basis of 100% of the full year tax bills (2008 -three parcels) in the aggregate amount of$50,584.43. 2. Within 10 days after the real estate tax bill for the 2009 second installment is available, the parties shall re-prorate the credit for 2009 second installment taxes on the basis of such bill; the parties shall also reprorate the credit for 2010 taxes on the basis of 110% of the 2009 tax bill, and the difference, if any, between the credit allowed Buyer at closing for 2009-2010 taxes and the amount of such re-prorated taxes shall be paid by the Seller or the Buyer as the case may be, to the other upon demand, forthwith. 3. Any monies owed by Seller to Buyer for such reprorations shall be paid to Buyer out of the escrow funds being held by Escrowee hereunder. Unless otherwise directed in writing, Escrowee shall mail said payments to Buyer's Attorney. Any funds remaining in the escrow after Escrowee has paid any tax re-prorations or other charges required under this Agreement shall be refunded to Seller. If the escrow contains insufficient funds to cover the reproration, Seller shall forward the shortfall withing 14 days of notification thereof. 4. All funds held pursuant to this Agreement shall be held in Escrowee's IOLTA account and no interest shall be paid thereon. The parties hereto hereby agree to indemnify and hold Escrowee harmless for any actions taken in compliance with the terms of this Agreement,any expense associated therewith, and Escrowee shall be entitled to recover his Attorney's fees and 02/17/10 12:13 FAL 847 987 7984 LAW OFFICES lih004 costs in defending himself from either or both of the parties. The parties hereto acknowledge and agree that said escrow is being held solely to guarantee the reproration of taxes for the property pursuant to the parties' agreement. 5. Escrowee shall send Buyer's Attorney the calculations in regard to the reproration. Escrowee shall not disburse the Escrowed funds until Buyer's Attorney accepts the calculations or Purchaser's Attorney fails to respond to Escrowee's notice within ten days of service thereof. Said notice from Escrowee may be by first class mail, facsimile or e-mail transmission and shall be deemed effective on the date of mailing or transmission. A mailed letter, facsimile or e-mail from Buyer's Attorney to Escrowee, or the expiration of the ten day notice period hereunder, shall be sufficient for Escrowee to release the funds held hereunder. 6. Escrowee shall have fulfilled his entire obligation under this Agreement by disbursing the escrow funds in accordance with the terms of the Real Estate Sales Contract and this Agreement. Signatures of Seller, Buyer, or their respective Attorneys shall not be required to release funds to be paid to Buyer or Seller pursuant to this Agreement. 7. The parties agree that this Tax Reproration Agreement shall survive the closing of this transaction and shall not merge with the deed. The prevailing party shall be entitled to recover from the losing party, all costs and reasonable Attorneys fees incurred by the prevailing party in enforcing the terms and provisions of this Agreement, or in an action to recover the escrow funds wrongfully withheld, and/or in defending a legal proceeding to which Buyer or Seller may be made a party as a result of the acts or omission of the other party. Accepted for Seller Accepted for Buyer ESCROWEE 02/17/10 12:13 FAX 847 967 7984 LAW OFFICES gl005 STATE OF ILLINOIS ) SS COUNTY OFCOOK ) AFFIDAVIT OF TITLE The undersigned affiants, being first duly sworn, on oath say, and also covenant with and warrant to the grantees hereinafter named: The affiants have an interest in the premises described below or in the proceeds thereof or are the grantors in the deed dated , 2010, to Village of Morton Grove, grantee, conveying the following described premises: The South 120 feet of Lots 8, 9, 10 and 11 in Block 1 in Morton Grove, being a Subdivision of the East 4.63 chains of that part of the Northeast 1/4 lying South of Gross Point Road and of the North 3 acres of the East 10 acres of the North 1/2 of the Southeast 1/4 of Section 19, and that part of the Northwest 1/4 of Section 20, lying South of Gross Point Road and West of the Chicago, Milwaukee, and St. Paul Railroad, in 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 12, 2009, in the report on title issued by Attorneys' Title Guaranty Fund, Inc., affiants have 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 affiants, nor has any judgment or decree been rendered against affiants, nor is there any judgment note or other instrument that can result in a judgment or decree against affiants within five days from the date hereof. 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's consummation of the purchase of premises. Afiiants further state: Not. (SEAL) (SEAL) Subscribed and Sworn to before me this day of , 2010 Notary Public 02/17/10 12:13 FAX 847 967 7984 LAW OFFICES 81006 : z, PTAX-203 ' ` County: 1 `t-,7� Illinois Real Estate Em s...,✓ti_- °c Date: ,- Transfer Declaration Please read the instructions before completing this form. 8E Dec. No.: This form can be completed electronically attax_illinois.gov/retd. –$ Step 1: Identify the property and sale information. S¢yOI =.a 1 6410-6418 Ct1ES'2NuT Street address of property(or 911 address.n available) °0 Page; MORTON GONE _.60033 Received by: City or village ZIP NILES 9 Identify any significant physical changes in the property since Township January 1 of the previous year and write the date of the change. 2 Write the total number of parcels to be transferred. 3 Date of si n ficant than 0 2 / 2 0 1 0 3 Write the parcel identifying numbers and lot sizes or acreage. 9 9e:month Year Parcel identifying number Lot size or acreage (Mad with an x") a 10-19-203-022 120:' x 200' x Dar el-Wort/ _Additions Major remodeling b 10-19-203-023 . ‘l —New construction —Other(epeolty): c 30-19-703-025 10 Identify only the items that apply to this sale.(Malt welt an"x^) d a Fulfillment of instalment contract—year contract Wry additional parcel identifiers and lot sizes or adze in Step 9. initiated : 4 Date of instrument: 0_ 2 / 0 __0_ b_ Sale between related individuals or corporate affiliates Month rear c Transfer of less than 100 percent interest 5 Type of instrument(mart with en 1r.): Warranty deed d Court-ordered sale Quit claim deed Executor deed x Trustee deed e _ Sale in lieu of foreclosure Beneficial interest Other(specify): f Condemnation 6 !As x No Wi the property be the buyer's prinapal i derx:e? g Auction sale 7 Yes?No Was the property advertised for sale? h— Seller/buyer is a relocation company (I.e.,media,sign,newspaper.molter) I Seller/buyer is a financial institution or government agency 8 Identify the property's current and intended primary use. Current Intended(Mark only one Item per column won an-x:) J Buyer is a real estate investment trust a x Land/lot only k Buyer is a pension fund . b_ Residence(single-famly,condominium,torrnhome,or duplex) l — Buyer is an adjacent property owner c Mobile home residence m_ Buyer is exercising an option to purchase d Apartment building(s units or less) No.or units: n—Trade of property(simultaneous) e Apartment building(over s units) hla of units: o _ Sale-leaseback f Office p X other(swim: Buyer is a municipal g_ _ Retail establishment corporation h Commercial building(specify): q— Homestead exemptions on most recent tax bill: i X Industrial building 1 GenerallAlternative $ j Farm 2 Senior Citizens $ k _ Other(specify): 3 Senior Citizens Assessment Freeze $- Step 2: Calculate the amount of transfer tax due. Note: Round Lines 11 through 16 to the nerd highest whole dolor.If the amount on Line 11 is over S1 million and the property's current use on Line 8 above is marked'Of 1,1'W V1,"1,"or 7k,"complete Form PTAX-203-A,lints Real Estate Transfer Declaration Supplemental Form A.If you are'recording a beneficial interest transfer,do not complete this step.Complete Form PTAX-203-8,Illinois Real Estate Transfer Declaration Supplemental Form B. 11 Full actual consideration . 11 $ 1,050,000.00 12a Amount of personal property included in the purchase 12a $ 12b Was the value of a mobile home included on Line 12a? 12b Yes X No 13 Subtract Line 12a from Line 11.This is the net consideration for real property. 13 $ 1,050,000.00 14 Amount for other real property transferred to the seller(in a simultaneous exchange) as part of the full actual consideration on Line 11 14 $ 15 Outstanding mortgage amount to which the transferred real property remains subject 15 $ 16 If this transfer is exempt, use an"rip identify the provision. 16 _lc ,m 17 Subtract Lines 14 and 15 from Line 13.This is the net consideration subject to transfer tax. 17 S 1,050,000.00 _ 18 Divide Line 17 by 500.Round the result to the next highest whole number(e.g.,e1.002 rounds to 62). 18 2,100 19 Illinois tax stamps—multiply Line 18 by 0.50. 19 s 1,050.00 20 County tax stamps—multiply Line 18 by o.25. 20 S 525.00 21 Add Lines 19 and 20.This is the total amount of transfer tax due. 21 $ 1,575-00 This form Is authorized In accordance wilt 35 ILLS 200/31-1 et seq.Disclosure of this information p1px-203(R$b5) Is REUUIRED.This form has been approved by the Forme Management Center. IL-492.0227 Page 1 of 4 02/17/10 12:13 FAX 847 967 7984 LAW OFFICES al007 • 1 r. Do not 19dte in this era. r~� PTAX-203-A . This space is reserved for the County Recorder's Office use 4 #\x ^_ County Illinois Real Estate Transfer Declaration 'N;� Supplemental Form A tee: (Non-residential: sale price over Si million) File this form with Form PTAX-203, Illinois Real Estate Transfer Declaration, Doc.No.: and the original deed or trust document at the County Recorder's office within the county where the property is located if the following conditions are met: vol_, • On Form PTAX-203,Line 11 the sale price is over$1 million, and • On Form PTAX-203,line 8 the property's current use is marked"Apart- ment building(over 6 units);"Office," Retail establishment,""Commercial rage: building,""Industrial building,"or"Other." Please read the instructions on the bath of this form. Received by: Step 1:Identify the property and sale information. 1 Write the property's street address, city or village, and township.(From Line 1 or Form PTAX-203) 6410-6418 CHESTNUT PIOR'1'ON GROVE • NILES Street seeress of properly(or 911 address,it availade) City or village 10-19-203-022 Township 2 Write the parcel identifying number from Line 3a of Form PTAX-203. Parcel Identifier: 10-19-20z-023 3 Write the total number of months the property was for sale on the market* 10-19-203-025 — Months 4aWas the improvement occupied on the sale date?*A"No"response means that all improvements were totally unoccupied. _ Yes `No If the answer is"No;'write the total number of months all improvements were unoccupied before the sale date.Go to line 5. _ _ Months 4bWrite the approximate percentage of total square footage of improvements occupied or leased on the sale date.Include all improvements. 100 Percent 4cDid the buyer occupy the property on the sale date? —Yes X No If the answer Is"No,"go to Line 5. 4dWill the buyer continue to occupy part or all of the property after the sale? _Yes No 4eWrite the beginning and ending dates of the buyer's lease agreement Lease dates: / to / 4f Briefly describe any renewal options. M �a Month vier 5 If the buyer owns other properties within an approximate one-half mile radius of the property,complete the following information for the two closest properties owned by the buyer. Street address City or village Parcel identifying number Property 1 BUYER IS VILIAGE OF MORTON GROVE Property 2 6 Did Line 12a of Form PTAX-203 include an amount for a transfer of personal property? _Yes X No If the answer is"Yes,"submit a list of personal property transferred.* 7 Did the seller's financing arrangements affect the sale price on Line 11 of Form PTAX-203?* Yes X No If the answer is"Yes,"please explain how the financing affected the sale price. 8 In your opinion,is the net consideration for real property entered on Line 13 of Form PTAX-203 a fair reflection of the market value on the sale date? X Yes No If the answer is"dor please explain. • Step 2:Complete the requested information. The r and seller(or their esenLS hereby verily that to ale beef of twit dodge and billet be farm elated i,wi b in am ate and mrecLAny peace wile Wilfully blabs or omits any nonmair,squires n this torn,shall girt, d a Cbsa2 mloyen eanor for the mat sense and a CLssa A rtdq r esnor for subeaquem purrs:. Sellers or trustee's name: CHICAGO TITLE LAND TRUST CO. TR #535 Sellers daytime phone:047 ) 679 — 7980 Address: 7401 N. ST. LCAJIS SKOKIE Tr, 60076 Street addreSS City State ZIP Sellers or agents signature: Date: Buyers or trustee's name: VILLAGE OF MORTON GROVE Buyers ddaay�tipme phone{ 847) 470— 5220 Address: 6101 CAPULIltdi MCRTON C>aOVE TI, 60053 Street address S ZIP Buyers or agent's signature: Date: *See inebyeaons. This form is autrodzed in accordance with 85 1LCS 200131.1 et seq.Disclosure or this Information PTAx-203-A(N-9/110) is REQUIREO.This form has been approved by the Forms Management Center. IL-492-0227 ( Page 1 M 2 SAN-05-2010 13 16 P.01/01 �' r "� cTji�ol L7 Attorneys' Title Guaranty Fund, Inc. Wire Instructions To Whom It May Concern, When wiring funds to Attorneys'Title Guaranty Fund, Inc. Individual Escrow Account, please use the following wire instructions: Bank of America 100 W. 33rd St. New York, NY 10001 ABA # 026009593 Attorneys' Title Guaranty Fund, Inc., Individual Escrow Account ACCT# 5800969395 Reference Escrow No. 10-6879 Sincerely, Amy Guthrie Tax Specialist Attorneys'Title Guaranty Fund, Inc. 1 S. Wacker Dr., 24i°Floor Chicago,IL 60606 P: 312-752-1245 F: 312-224-0314 jo:5 4Cig TOTAL P.01 . ..., I . . ..,- :••', . .-. • , . ... - •- • ,,. , • --••• • "4°- .. ---,-- ------------- ' ". •••. . .. .. . .... .., , . . -1..-:---- • ;.7.-,-*7•"'',..'. '.'.I.' ". 2, :-.1'..-:...-:'.0•5,4-°„.".-X.4--...-....;•-•.- ,_ . i .. .:, : • ....n.. .. -,...,3„itie..2,44-e-,7-:-.-.,=";:jp,_ . 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A ' . - '• . ..,. . . . . , . ,.:,".'-:, . ':. 1 I ' ''"i'- '' „r• `• ".''''' '- - ,- .-- —.. ,.._.. . .. . R 3 i 3 y. 4 • f � k • , • ii E A - :- • • . i ti;.1 ,.r. .-.. W . ' a t 3 s 4 • t .?24 .-s _ `:j �4�). 1R . { f f 1 1L-J YINI d,,,, w Z ■5 V h �� i. R. �� 7 IL— 1 _ - f —�.a I - J it IH:.2 ' ''3 A n II IL :H! HAritE-II ,� =- I 11 M W s I 1 1 II (1111 iIt X10 p s old -- tL I I tl %,z PoP .Ed IQ ...3 e e0 - __ _. .E II § II a '\ e a =hg _ ` gl I k 11 I i 1 RR At I I , e ~ FaS 3 1. k. n..<_i I 'iDY r U ,, 3 I I� i ,,di B I� b � ' -- Tti I -II �-t 4� 0'0�� _ I I I `L i 1:-.44,i° nw y 4 ) ± , zi y` -. ;m N W E S Scale - I inch = 20 feet 1425 Brurnmtel St. Elk Grove Tillage, 11. 60007 5.80 6�P�� Pp TOPOGRAPHICAL- AL7AIAACSMM- BOOU /NDAR P- SUBDIDI VISIONS -MORR TGAAG /E- CONDOMINIUM e del dV. �(� Professional Land Surveyors, P.C. ALTA/ACSMLAND TITLE SURVEY Of. THE SOUTH 120 FEET OF LOTS 8, Q 10 AND 111N BLOCK I INMORTON GROVE, BEING A SUBDIVISION OF THE EAST 4.63 CHAINS OF THAT PART OF THE NORTHEAST I/4 LYING SOUTH Oh' GROSS POINT ROAD AND OF THE NORTH 3 ACRES OF THE EAST 10 ACRES OF THE NORTH 112 OFTHE SOUTHEAST I/4 OF SECTION 19, AND THAT PART OF THE NORTHWEST 114 Oh' SECTION 20, LYING SOUTH OT GROSS POINT ROAD AND WEST OF THE CHICAGO, MILWAUKEE, AND ST. PAUL RAILROAD, IN TOWNSHIP 41 NORTH, RANGE 13, EAST OF TILE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. COMMONLY KNOWNAS : 6410 -18 CHESTNUT ST., MORTON GROVE, IL. P G P� °SOP PPE <a 61 ®MCP 9, 10 5 "1 RPa � In W �0xs N07 E. °v6 THE PROPFRTY SHOWN HEREON REFLECTS MATTERS OF TITLE AS CONTAINED IN ATTORNEYS TITLE GUARANTY FUND, INC. F COMMITMENT FOR TITLE INSURANCE COMMITMENT NO. 090206100108, EFFECTIVE DATE : NOVEMBER 12, 2009. P THE PROPERTY SHOWN HEREON IS LOCATED IN ZONE "X "( G AREAS DETERMINED TO BE OUTSIDE THE 0.2 % ANNUAL CHANCE I'. FLOODPLAIN) PER FLOOD INSURANCERATEMAPCOMMUNHY PANEL NUMBER 17031CO241J EFFECCIVE'DATE. AUGUST 19, 2008. THERE ARE 0 STRIPED EXTERIOR PARKING STALLS ON "I'HE O✓ERHEAD N9RE5 PROPER'L'Y SHOWN HEREON OPOSr` THERE IS NO VISIBLE EVIDENCE OF THE PROPERTY SHOWN HEREONAS BEING USED AS A SOLID WASTE DUMP OR SANITARY LANDFILL. THERE IS NO VISIBLE EVIDENCE Of ANYSIDEWALK OR STREETS NOTE: REPAIRS BEING PERFORMED ON THE DEDICATED RIGHT -OF -WAYS SHOWN HEREON. THERE IS NO VISIBLE EVIDENCE OF ANYEARTII MOVING WORK OR placed by the client and for accuracy MUST Be compared with the Wed For building restrictions refer toyour Abstract, Deed or Contract EXTERIOR BUILDING CONSTRUCTION BEING PERFORMED ONTHE PROPERTYSHOWN HEREON. 5.80 6�P�� Pp TOPOGRAPHICAL- AL7AIAACSMM- BOOU /NDAR P- SUBDIDI VISIONS -MORR TGAAG /E- CONDOMINIUM e del dV. �(� Professional Land Surveyors, P.C. ALTA/ACSMLAND TITLE SURVEY Of. THE SOUTH 120 FEET OF LOTS 8, Q 10 AND 111N BLOCK I INMORTON GROVE, BEING A SUBDIVISION OF THE EAST 4.63 CHAINS OF THAT PART OF THE NORTHEAST I/4 LYING SOUTH Oh' GROSS POINT ROAD AND OF THE NORTH 3 ACRES OF THE EAST 10 ACRES OF THE NORTH 112 OFTHE SOUTHEAST I/4 OF SECTION 19, AND THAT PART OF THE NORTHWEST 114 Oh' SECTION 20, LYING SOUTH OT GROSS POINT ROAD AND WEST OF THE CHICAGO, MILWAUKEE, AND ST. PAUL RAILROAD, IN TOWNSHIP 41 NORTH, RANGE 13, EAST OF TILE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. COMMONLY KNOWNAS : 6410 -18 CHESTNUT ST., MORTON GROVE, IL. P G P� °SOP PPE <a 61 ®MCP 9, 10 5 "1 RPa � In W �0xs 0 °v6 �N F $ P G �o Zc I'. ST O✓ERHEAD N9RE5 .I . v HERETOFORE DEDICATED (66 FT. PUBLIC R. O. W) - cHESTW7 -- - - - - "AREA OF PROPERTY " SHOWN HEREON 23,992.27 SQ. FT. OR 0.55 ACRES 1 I �t Phone: (847) 734 -0530 Fax:. (847) 734 -0533 A i m I o C`0� PS 0 P 1� PO FPO �5', 0�0 G '3067 o��:J V �V5 °m �5F0 o, SPP °� sal ti REC. & MEAS. 50. o C w 0 ti I ORDEJ? NO.__ 09 -0537 VICINITY MAY STATE OF ILLINOIS) i - COUNTY OF COOK) JENS K DOE PROFESSIONAL LAND SURVEYORS P.C., DOES HEREBY CERTIFY TO: VILLAGE OF MORTON GROVE; AND ATTORNEYS TITLE GUARANTYFUND INC. THAT THIS MAP OR PLAT AND THE SURVEY ON WHICH IT IS BASED WERE MADE IN ACCORDANCE WITH "MINIMUM STANDARD DETAIL REQUIREMENTS FOR ALTNACSMLAND TITLE SURVEYS "JOINTLY ESTABLISHED AND ADOPTED BY ALTA AND NSfSt W, 2x005, AND INCLUDES ITEMS 1, 2, 3, 4, 7 (a, ), 8, 9, 10, 11 (a, visible utilities only), 14, 16, 17AND 18 OF TABLE "A" THEREOFAND PURSUANT TO THE ACCURACY STANDARUS;(`AS APOPTEp BYALTA AND NSPS) AND IN EFFECT ON THE DATE OF' THIS CERTIFICATION THE UNDERSIGNED FURTHER CERTIFIES TIL4T 771E SURVEYMEASUREMENTS WERE MADE IN ACCQRDANCE`WITHTHE "MINIMUM ANGLE, DISTANCE, AND CLOSURE REQUIREMENTS FOR SUR VEYMEASUREMENTS WHICH CONTROL LAND BOUNDARIES FOR ALTAIACSM LA NO TITLE SUR VEYS DATED THIS 4TH DAY OFJANUARY; 12010, FW'rl°IICNTAL °f DOMINICKM, BLIZi ii (ILLINOIS PROFESSIONAL LAND SURVEYOR NO 3390) \.'.'� MYLICENSEEXPIRESII- 30 -I0,,' 5 ", I .... �+.,�N,�` �0xs y00 °v6 y, $ P OPOSr` pP NOTE: 1'he legal description noted on this plat is a copy olthe land survey order placed by the client and for accuracy MUST Be compared with the Wed For building restrictions refer toyour Abstract, Deed or Contract Compare distances between points before building and report any discrepancy to this office immediately. Dimensions shown hereon are not to be assumed or styled. Dimensions shown hereon are inject and decimal parts thereof: Field work completion date : December 22, 2009. ORDERED BY: JAY A. SLUTZKY .I . v HERETOFORE DEDICATED (66 FT. PUBLIC R. O. W) - cHESTW7 -- - - - - "AREA OF PROPERTY " SHOWN HEREON 23,992.27 SQ. FT. OR 0.55 ACRES 1 I �t Phone: (847) 734 -0530 Fax:. (847) 734 -0533 A i m I o C`0� PS 0 P 1� PO FPO �5', 0�0 G '3067 o��:J V �V5 °m �5F0 o, SPP °� sal ti REC. & MEAS. 50. o C w 0 ti I ORDEJ? NO.__ 09 -0537 VICINITY MAY STATE OF ILLINOIS) i - COUNTY OF COOK) JENS K DOE PROFESSIONAL LAND SURVEYORS P.C., DOES HEREBY CERTIFY TO: VILLAGE OF MORTON GROVE; AND ATTORNEYS TITLE GUARANTYFUND INC. THAT THIS MAP OR PLAT AND THE SURVEY ON WHICH IT IS BASED WERE MADE IN ACCORDANCE WITH "MINIMUM STANDARD DETAIL REQUIREMENTS FOR ALTNACSMLAND TITLE SURVEYS "JOINTLY ESTABLISHED AND ADOPTED BY ALTA AND NSfSt W, 2x005, AND INCLUDES ITEMS 1, 2, 3, 4, 7 (a, ), 8, 9, 10, 11 (a, visible utilities only), 14, 16, 17AND 18 OF TABLE "A" THEREOFAND PURSUANT TO THE ACCURACY STANDARUS;(`AS APOPTEp BYALTA AND NSPS) AND IN EFFECT ON THE DATE OF' THIS CERTIFICATION THE UNDERSIGNED FURTHER CERTIFIES TIL4T 771E SURVEYMEASUREMENTS WERE MADE IN ACCQRDANCE`WITHTHE "MINIMUM ANGLE, DISTANCE, AND CLOSURE REQUIREMENTS FOR SUR VEYMEASUREMENTS WHICH CONTROL LAND BOUNDARIES FOR ALTAIACSM LA NO TITLE SUR VEYS DATED THIS 4TH DAY OFJANUARY; 12010, FW'rl°IICNTAL °f DOMINICKM, BLIZi ii (ILLINOIS PROFESSIONAL LAND SURVEYOR NO 3390) \.'.'� MYLICENSEEXPIRESII- 30 -I0,,' 5 ", I .... �+.,�N,�`