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l. 2.
2 J u n e l , 2 0 1I
RE.ilI}
Dear Mortgagor(s), citiMortgage, conditions: Inc. has agreed to accept a short payoffon the above captioned
betwepn;I
The closingmust takeplace on or before July 29' 20 [ 1' You must by must be absorbed partiesother than CitiMortgage,Inc' interest must not be lessthan $ 190'000 CitiMortgage,Inc.'s net proceeds Contractprice is S 20U,500'00. Total Payoutto all junior liens cannotexceed$3,100 00 The current owners are to receive $0'00 proceedsfrom the sale of
beyondJuly 29, 201I . Per diem approvalfiom citiMortgage for any extension
above proPerrY.
and r Any and all refundsor creditsmust bc addedto the abovenct procecds
and STA'IIEMENT, CitiMortgage, Inc will give a full release, Upon receiptof the NET PROCEEDSand a COPY OF THE FTNA SETTLEMEI'IT instituted and no deficiencyjudgmentwill ,."on r.yun"" of its lien as agreed, must be at armts length and include a transfer of This transaction 5, CitiMortgagewill leport the balanceof the shortfall as "debt forgi it and repot-t on a 1099Cform. " per IRS rcgulations
[nc.*** BY CitiMortgage,
on th$ day of closing,a copy of the checkor wire confimrationand a HUD-I grant.rnoellering@citi.com. Fundr;wilt be returned if the HUD-I is not received by the Negotiator on Fundsmay be wired to Citi per the following instructtot.ts:
nt Statcmcnt with botlr buvcr sidc and scllcr sidc lnust be sentto
of closing.
The loan witl not be paid off without receiptof a Final HUD-l Settlemenrt
Ifyou have any qucstions, please feel f1'eeto contact me at
Sincerely,
for over, or responsibility the impact of this report,on your credit score.To visit <http;/lunrrw.ftc,gpy/bcp/edu/puDs/coJ}gumerlclqdiUcleZ4..qh.tf.:'
This is an attemptto collecta debt and any informationobtainedwill be used sublectto an automaticstate of bankruptcyorder under Titie I 1 of the united a not constitute demand for payment or any attemptto collectany such
disniissedor is To that purpos;e. the extent your obligationhas been discharge,J, purposes only and does and informational ates doJe, this noticeis for compliance