08/07/2009 11: 5.2 FA.

1: 6362562298 I4J 002

CI~t'i"
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August 7,12009

CHICAGO, n. 60656-1462

RE:
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Dear Mortgagors)
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CitiMort~ge, Ind. has agreed to accept a short payoff on ~e above captioned loan with the following
condjtion~: : ! I
1_ The cltsing s~all take place on or before August 20, 2Q09 Of P~ diem interest in the amount of $75.00
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will be ch~g(..'d. ou must obtain approval from CitiMort~e fo~ any extension beyond August 20, 2009.
Per diem ~ntcrcst i-vill have to be absorbed hy parties other; than CitiMortgage, Inc.

2. CitiMQ~gage, Inc. net proceeds should Dot be less than $207,115.24 Contract price is $235,000.00.
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3. ApproVed closing costs to be absorbed by CitiMortgage, Inc. 4ncluding brokers commission are not to
exceed $27,889.7p. Brokers commission shall not exceed ~14,lOQ.OO_AIl other dosing costs must be
absorbed Wy partifs other than CitiMortgage, Inc.. . I
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4. The cljITent o)"ners are to receive (0) zero proceeds f~rn the ~jc 0 ~the above property. Any and all
refunds oI1credits!should be added to the ner proccccis(frorp item
Inc. at thertime oflclosing. . ; 1
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above) and remitted to CitiMortgage,

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5" ypon feceipt 9ft~e ~ P~OCEEDS and a COpy OF TIlE f~AL SET'r1£MENr STA1~EMENT,
~ltiMortgf~e, In0t w~ll give a full release and reconveyance ofth1rr loan as agreed and no deficiency
Judgment will be instituted. .. !
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6. All ju~en~ and/or liens must be cleared and settledlprior t~ closing. Proof of release must be
presented ~t time f closing, r . I
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7. Mort~~gor sb411 contribute $5,000.00 at closing to UCIC (NJI Company). Please fax a copy of
1mal HUP to Tony Steele attention at 336-275-2893. Ple~e send certified check overnight
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United Guar~mty 1
.\.ttn: Tony S~cele I
j j Loss Management 19th Flpor
: i 230 N. Elm Street I
i I. Greensboro, NC 2740l!

·~'.k'Nt~AN~ES TO nIl;; ABOVE'TATED ~ +BE APPROVEDBY

CltiMort~agc, I~c.. : ! !

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On f ,,,' d(+iJ)~ pk;lM~ tax a coJ)~ or the cbl'cb.
(fit~ 1)( :du~l~ u ill~ it I II ;H-I ~t't Ilcment Staf emenr to
IHM}229~!90·t
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08/07/2009 11: 5~ FAX 16362562298 I @003

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Please fO~. _rd tHE NET PROCEEDS CHECK with tHE F I Al.lIUD-l SETTLEMENT
STAT~EIW
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i: I CitiMortgage4.lnc.
1 1000 Technology Drive
O'Fano~ MO. 63~68-2210
Attention: Nathan~cl~Ilunter
Short Sale -M.8. 420
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(VIA OVERNIGIf
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The loan ~ not ~ paid off without receipt of. Final J-I """ emei< statement. Per diem interest will
continue tpaccrut or, proceeds check will be returned unti
all ~ired documents have been received.

If you haJe any qhestions. please feel free 10 contact 636-~61-77J4.

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Sincerely~
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Nathanie I Iunter]
CitiMorta?ge, Inq.
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Disclaimer - CalliMonitored
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