OMS Approval No. 2502-0265

A. Settlement Statement (HUD-1A)iOptional Form for Transactions without Sellers

Order Number' 10AT0091Name and Address of Borrower: Name and Address of Lender:

Bank 01 AmericaAttn; Entemrise Closino Prote 6400 Leaacv Drive MS:TX2-972- Plano TX 75024

Property Location: Settlement Aaenl:Telephone:

, Place of Settlement:

Loan Number: Settlement Date: Disbursement Date:Mtg Ins Case#: 04/2612010 04/30/2010

""':r"'- • " .: ..zz: M. Disbursemenfsto "Others ,---~,'~R ~ , ,J

1501. Payoff of first mortgage jean 615,586.37to Bank of America

1502. 2nd aIr Taxes 5,585.68715.00 10 Mountain lakes Tax Cojeco-510.00 1503.

35.0084.00 1504.26.00

·215.001505.

from GFE #10) 74.43

from GFE #31506.

from GFE #11

from GFE #111507.

(from GFE #9) 1508.

SO.OO$0.00 1509.

$0.00$0.00 1510.

$0.00$0.00 1511.

from GFE #4 2,395.00 1512.$375.00

from GFE #5 1513.$1,392.00

1514.

$1,183.20

$208.801515.

$25.00$135.00 1520. Total Disbursed 621,172.0

$75.00 (enter on line 1603)

(from GFE #7) 323.00 N, NetSettlement1600. loan Amount 621,000.00

(from GFE #8) 1601. Plus CasWOlock from Borrower $

1602. Minus Total SeWemenl Charges $ 3,947.43pine 1400)

1603. Minus Total Disbursements 621.172.05

to oners Itine152O)

1604. Equals Tolal Disbursements .4.119.48from GFE #6 10Borrower

$ (after expiration of any appliCable

s rescission period required by law)

ttems Pa able in Connection With"Loan':800.801. Our origination charge (Includes Origination Point % or $0.00)802. Your credit or charge (points) for the specific interest rate chosen803. Your adjusted origination charges804. Appraisal fee to Landsafe A raisal Services805. Credit report to Landsafe Credit Inc.806. Tax service to BAC Tax Services Cor ration807. Flood certification to Landsafe Flood Determinalion808. Lender Credit to Bank of America900.901.

I{ems Re uired 'b LenderioBe Paid in Advance. 'Daily interest charges from04/30/10 to 05/01/10@$74.4300/day

902. Mortgage Ins. Premium for months to

903. Homeowner's insurance for months to

904. months to

1001. Initial deposit for your escrow account

1007. Aggregale AdjustmentO.OO/month

1002. Homeowner's insurance months O.OO/monlh1003. Mortgage Insurance months $ O.OO/month1004. City Property Tax months O.OO/month1005. County Property Tax monlhs O.OO/month1006. Assessments months $

t100. Title Char es .1101. Title services and lender's title insurance1102. Seitlemenl or closing fee 10A pie Title A enc , LLC1103. Owner's title insurance1104. Lenders title insurance1105. Lender's title policy limit $621,000.001106. Owner's title policy limit $0.001107. Agenl's portion of the total title insurance prerr1108. Underwriter's portion of the total title insurance1109. Notary Fee to1110. Subordination Fee to,1111. Discharge Service Charge

1206. Government"Recdrdin and tiansf~r c-hilr es1201. Government recording charges

1202. Deed $0.001203. Transfer taxes

1204. Realty Transfer Fee

1205. Deed $0.001206.1207.

1300. Additional Settlement Charges '1301. Required services that you can shop for

1302. Survey to

1303. to

1304. to

1305. to-1400. total Settlement Charges' -(tinter on line 1602,Section N)~-~''', --~',' - I' ''':,'Paid outside of closing by (B)orrower, (S)eller, (L)ender, (I)nvestor, Bro(K)er.The Pub~~ Rflporting B"rdfln II)( this colloction cttnjormauon is estimated et 35 minulliS per response for cnUeclinl.l. roviewing. Bnd reporting the datFi. TlliS 119/l"7Y mny not ecneet Ihls Informlllicl~. Rnd. you 8re nOl require<! 10 c-.ompk!lfIthis torm. unless MdlSplilys 0 cUl"n:nlly villid OMB conlroi number. No corofldenlillhly ill a,.surl!o: th,s disclosure is 1111I110al(1)" This III desione.f 10 provido 1I'.(l IWI,hl'l1i III II RESPA coverod IrfinSIIChOn with inforTTl(ltion dunn" lhesenlement precess

See attached addendum for additional informationPrevious editions are obsolete Page 1 of 3 HUD·1A

Comparison of Good Faith- Estimate lGI"EI and HUD-1A CharqesCharaes That Cannot Increase HUD·1A Line NumberOur origination charge # 801Your credit or charge (points) for the specific interest rate chosen i/802

_.

Your adjustad origination charges- II 803

- Transfer taxes #-1203

Good Faith-Estimate HUP-1A0.00 0.00

715.00 715.0b000 0.00

715.00 715.000.00 0.00

Charaes That in Total Cannot Increase Mor.e Than10'loGovemment recording Charges If 1201Appraisal fee to # 804Credit report to #805Tax servlce to # 806Flood Certificalion {fl07

"Lericer Credit # 808TiUe services and lenoers title insurance # 1101 .

- Owner's title insurance # 1103

1 . , Total, f Increase between GFE and HUI>-1 Cha es

Good Faith Estimate HUO.1A430.00 323.00510.00 510.00

35,00 35,0084,00 84,0026,00 26,00

0.00 -215,003,100.00 2,395.00

0,00 0,004,185,00 3,158,00

$ -1,027,00 or -24,5400%

Charaes That Can ChanaeInitial deposit for your escrow account # 1001Daily interest charges from #901 $74,4300Ida

Homeowner's insurance #903#

-

##

Good Faith Estimate HUO-IA0,00 0,00

74.43 74,43

0,00 0,00

Loan Terms

Your initial loan amount is $621,000,00

Your loan term is 15 years-

Your initial interest rate is 4.3750%

Your initial monthly amount owed for principal, interest. and any mortgage $4.711.03 includes

insurance is 00Principal

00 Interest

D Mortgage Insurance

Can your interest rate rise? 00No, D Yes, it can rise:o a maximum of %, The first changewill be on I I and can Change again every years after I I . Every change

date, your interest rate can increase or decrease by %, Over the life or the loan, your

interest rate is guaranteed to never be lower than % or higher than %,

'Even if you make payments on time, can your loan balance rise? IKlNo, D Yes, it can rise to a maximum or $

-Even if you make payments on time, can your monthly amount owed tor 00No, D Yes, the first increase can be on I I and the monthly

principal, interest, and mortgage insurance rise? amount owed can rise to $The maximum it can ever rise to is $

Does your loan have a prepayment penalty? IKlNo. D Yes, your maximum prepayment penalty is $

Does your loan have a balloon payment? IKlNo, D Yes, you have a balloon payment or $ due in

years on I I

Total monthly amount owed including escrow account payments IKlYou do not have a monthly escrow payment tor items, such as property taxesand homeowner's insurance, You must pay these items directly yourself.

D You have an additional monthly escrow payment or $that results in a total initial monthly amount owad of $ , This includes prircipal interest,any mortgage insurance and any items checked below:

D Property taxes D Homeowner's insurance

D Flood insurance D0 D

Note: If you have any questions about the Settlement Charges and Loan Terms listed on this form, please contact your lender.

See attached addendum for additional informationPrevious editions are obsolete Page 2 of 3 HUD-IA

Signature PageHUD CERTIFICATION OF BUYER AND SELLER

I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and

disbursements made on my account or by me in this transaction. I further certify that I have receivecl a copy of the HUD-1 Settlement Statement.

Buyers

Sellers

The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused or will cause the funds to bedisbursed in accordance with this statement.

Settlement Agent

SETTLEMENT AGENT DATE

WARNING: IT IS A CRIME TO KNOWINGLY MAKE FALSE STATEMENTS TO THE UNITED STATES ON THIS OR ANY SIMILAR FORM PENALTIES UPONCONVICTION CAN INCLUDE A FINE AND IMPRISONMENT. FOR DETAILS SEE TITLE 18: U.S. CODE SECTION 1001 AND SECTION 1010.

See attached addendum for additional informationPrevious editions are obsolete Page 3 of 3 HUD-1A

OMB Approval No. 2502-0265

GOOD FAITH ESTIMATE (GFE)

Name of Originator BorrowerBANK OF AMERICA, N.A.

-i

Originator Address . Property Address240 ROUTE 10EAST HANOVER, NJ 07936Originator Phone Number(973)463-7200

••••

,.'"

Originator Email DateofGFEOS/24/2010

Purpose

Shopping foryour loan

Important dates

Summary ofyour loan

Escrow accountinformation

Summary of yoursettlement charges

Good Faith EstimatelC410-US (09/09).02(d/i)

*23991*

This GFE gives you an estimate of your settlement charges and loan terms if you are approved for this loan. For more information, seeHUD's Special Information Booklet on settlement charges, your Truth-in-Lending Disclosures, and other consumer information atwww.hud.govirespa. If you decide you would like to proceed with this loan, contact us.

Only you can shop for the best loan for you. Compare this GFE with other loan offers. so you can find the best loan. Use the shopping charton page 3 to compare all the offers you receive.

1. The interest rate for this GFE is available through 107/20/2010 23 :59 PDT I. After this time, the interest rate, some of yourloan Origination Charges, and the monthly payment shown below can change until you lock your interest rate.

2. This estimate for all other settlement charges is available through 106/ri9/2010 I.3. After you lock your interest rate, you must go to settlement within (0 Idays (your rate lock period) to receive the locked

interest rate.4. You must lock the interest rate at least ~days before settlement.

Your initial loan amount is 581,270.00Your loan term is 30 yearsYour initial interest rate is 5.250 %Your initial monthly amount owed forprincipal,interest, and any mortgage Insurance is $ 3,209.79 permonth

o Yes, it can rise to a maximum ofbe in

iii No %. The first change willCan your interest rate rise?

liD No o Yes. it can rise to a maximum of $ _Even if you make payments on time, can yourloan balance rise?

liD No 0 Yes, the first increase can be inamount owed can rise to $can ever rise to is $

and the monthly. The maximum it

Even if you make payments on time, can yourmonthly amount owed for principal, interest, andany mortgage insurance rise?

liD No o Yes, your maximum prepayment penalty is $Does your loan have a prepayment penalty?D Yes, you have a balloon payment of $

years.IKl No due inDoes your loan have a balloon payment?

Some lenders require an escrow account to hold funds for paytng property taxes or other property-related charges in addition to yourmonthly amount owed of $13,209 .79 I.Do we require you to have an escrow account for your loan?o No, you do not have an escrow account. You must pay these charges directly when due.[] Yes, you have an escrow account. It mayor may no! cover all of these charges. Ask us.

11 Your Adjusted Origination Charges (See page 2.)

00 Your Charges for All Other Settlement Services (See page 2.)

E1+ffiJ

$ 715.00

$ 10,352.08

Total Estimated Settlement Charges 11,067.08

Good Faith Estimate (HUD-GFE)

Page 1 of 3

• 2 2 5 5 642 5 4 0 0 0 0 0 1 C 4 1 0 *

Understandingyour estimatedsettlement charges

Some of these chargescan change atsettlement.See the top of page 3for more information.

Good Faith EstimatelC410-US (09/09).02

Your Adjusted Origination Charges

1. Our origination chargeThis charge is for getting this loan for you. 715. 00

2. Your credit or charge (points) for the specific interest rate chosen[]The credit or charge for thetnterest rate of 1 5.250 1% is included in "Ourorigination charge."

(See item 1 above.)o You receive a credit of $1 1for this interest rate of 1 1%.This credit

reduces your settlementrc_h_ar-,Og'-e_s. ---,o You pay a charge of $1 1for this interest rate of 1 1%.This charge(points) increases your total settlement charges.

The tradeoff table on page 3 shows that you can change your total settlement charges by choosing adifferent interest rate for this loan. 0.00

Your Charges for All Other Settlement Services

mI Your Adjusted Origination Charges $ 715.00

3. Required services that we selectThese charges are for services we require to complete your settlement. We will choose .the providers ofthese services.Service Charge

Full Appraisal 475.00Credit Report Fee 35.00

Subtotal of charges from attached GFE Supplement 110.00 620.004. Title services and lender's title insurance

This charge includes the services of a title or settlement agent, for example, and title insurance to protectthe lender, if required. 2,875.00

5. Owner's title insuranceYou may purchase an owner's title insurance policy to protect your interest in the property. N/A

6. Required services that you can shop forThese charges are for other services that are required to complete your settlement. We can identifyproviders of these services or you can shop for them yourself. Our estimates for providing these servicesare below.Service Charge

Subtotal of charges from attached GFE Supplement 0 .00 0.007. Government recording charges

The~e charges are for state and local fees to record your loan and title documents. 430.008. Transfer taxes

These charges are for state and local fees on mortgages and home sales. 0.009. Initial deposit for your escrow account I

This charge is held in an escrow account to pay future recurring charges on your properliY and includesKl all property taxes, Kl all insurance, and D other 1 I 2,694.00

10. Daily interest chargesThis charge is for the daily interest on your loan from the day of your settlement unql the first dayof the next month or the first day of your normal mortgage payment cycle. This amount is$183.61 [per day for ~days (if your settlement is 106/03 /2010p.1 2,341.08

I11. Homeowner's insurance "

This charge is for the insurance you must buy for the property to protect from a loss. such a~ fire.Policy Charge f

Hazard Ins Monthly Premium 1,392.00 t

Subtotal of charges from attached GFE Supplement 1,392.000.00

lm Your Charges for All Other Settlement Services

m+[[]10,352.08

Total Estimated Settlement Charges $ 11,067,08

Page 2 of 3

InstructionsUnderstandingwhich chargescan change atsettlement

Using thetradeoff table

Using theshopping chart

If your loan issold in the future

Good Faith EstimatelC410-US (09/09).02

This GFE estimates your settlement charges. At your settlement, you will receive a HUD-I, a form that lists your actual costs. Compare thecharges on the HUD-I with the charges on this GFE. Charges can change if you select your own provider and do not use the companies weidentify. (See below for details.)

These charges The total of these charges These chargescannot increase can increase up to 10% can changeat settlement. at settlement: at settlement:

• Our origination charge • Required services that we select • Required services that you can shop for•. Your credit or charge (points) for the • Title services and lender's title insurance (if you do not use companies we identify)

specific interest rate chosen (after you (if we select them or yO!! use companies • Title services and lender's title insurancelock in your interest rate) we identify) (if you do not use companies we identify)

• Your adjusted origination charges (after • Owner's title insurance (if you use • Owner's title insurance (if you do not useyou lock in yo-ii/interest rate) companies we identify) companieswe identify)

• Transfer taxes • Required services that you can shop for • Initial deposit for your escrow account(if you use companies we identify) • Daily interest charges

• Government recording charges • Homeowner's insurance

••In this GFE, we offered you this loan with a particular interest rate and estimated settlement charges. However:• If you want to choose this same loan with lower settlement charges, then you will have a higher interest rate .• If you want to choose this same loan with a lower interest rate, then you will have higher settlement charges.If you would like to choose an available option, you must ask us for a new CFE.Loan originators have the option to complete this table. Please askfor additional information if the table is not completed.

The same loan with lower The same loan with asettlement charges lower interest rate

Your initial loan amount $ 581,270.00 $ $

Your initial interest rate' 5.250 96 % %Your initial monthly amount owed $ 3,209.79 $ $Change in the monthly amount owed from No change You will pay $ You will pay $this GFE more every month less every month

Change in the amount you will pay at No change Your settlement charges Your settlement chargessettlement with this interest rate will be reduced by will increase by

$ $

How much your total estimated settlement $ 11,067.08 $ $charges will be

. t,

I For an adjustable rate loan, the comparisons above are for the initial interest rate before adjustments are made.

Use this chart to compare GFEs from different loan originators. Fill in the information by using a different column for each GFE you receive.By comparing loan offers, you can shop for the best loan.

t. n 2 Loan 3 Loan 4

Loan originator nameIni tial loan amountLoan termInitial interest rateInitial monthly amount owedRate lock periodCan interest rate rise?Can loan balance rise?Can monthly amount owed rise?Prepayment penalty?Balloon payment?

Total Estimated Settlement Charges

Some lenders may sell your loan after settlement. Any fees lenders receive in the future cannot change the loan you receive or the chargesyou paid at settlement.

l~~i'!"',UllfK~) Good Faith Estimate (HUD-GFE)<1"_.,;,,,,,;;.,

Page 3 of 3

GOOD FAITH ESTIMATE (GFE) SUPPLEMENTName of Originator I BorrowerBANK OF bMERICA, N.A.

Originator Address Date ofGFE240 ROUTE 10 OS/24/2010EAST HANOVER, NJ 07936

Some of these chargescan change atsettlement.See the top of page 3of the Good FaithEstimate (GFE)formore information.

Good Faith Estimate S1G1S9-US (09/09).01 (dil)

'23991'

Your Charges for All Other Settlement Services (Continued) 1-3. Required services that we select (continued)

These charges are for services we require to complete your settlement. We will choose the providers ofthese services.Service .... Charge ITax Service Fee 84.00 fFlood Check Fee 26.00 1

l'

I" I

I

f IIII

,Subtotal. (included in charges on page 2 Block .3of GFE) I $ 110.00

6. Required services that you can shop for (continued) ,1These charges are for other services that are required to complete your settlement. We can identifyproviders of these services or you can shop for them yourself. Our estimates for prOVidingjtheSe servicesare below.Service Charge

;II!

.1 II I

I·

I" I

, I I

II

Subtotal (included in charges on page 2 Block 6 of GFE) I $ 0.0011. Homeowner's insurance (continued) I

This charge is for the insurance you must buy for the property to protect from a loss. such a~ fire.Policy Charge

I.. , I

i

Subtotal (included in charges on page 2 Block 11 of GFE) $ 0.00

upplementPage 1 of 1

• 2 2 5 5 6 4 2 5 4 0 0 0 0 0 1 G 1 59'