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<br />SUMMARY OF SaLER'5 TRANSACTION <br /> <br />~ <br />~.tp. 33ft) <br />C.O <br />a':~,~ <br />y ce... I q 1-5 _ <br />'if 4; I tfo oS;- <br />,;;< if tf,b j.S F <br /> <br />Sem.EMiNT STATiMe.. <br />NAMe OF BUYER <br />NAMe Of'SEl.LSR <br />N,f-ME OF LENDER <br />SETJ1.EMENT AGENT: <br />S!Tn.!MENT DATE: <br />SUMMARY OF BORROWER'S TRANSACTION <br /> <br />GATOR HORIZON PARTNERS, LTD. <br /> <br />FLAGLER TITl.E COMPANY <br />:SOoJun-OO <br /> <br />GROSS AMOUNT DuTFROM BUYER GROSS AMOUNT DUE TO SELLER I <br />Centract la"'~ "'nee 2.100000,00 Contract sales once <br />'l'>erSona DtOMItV I "srsonar",,,,,SrtV 2.106,000.00 <br />San ement c:l\ames to Ao/Towar . <br />Sallet'.lI IlIara. Proratlld Ovaraa. R.nta Seller's share. Prorated Ovaraa. Ranta <br />Rescrva wllh lendet <br />Ad uatmanll for IIams Mill b... seller In advance All'uslmants for items ollid hv se ler jl'l Idvance <br />eilY ItrNm lues city /lown laxes <br />TlU. Transfer TalC 210.00 county laX" 31.71 !lit da... lC 50 daYI <br /> Insurance ProDertv Insurance . <br /> . <br />Genlllalllabllltv In. Generalliabll"" Ins . <br /> . . <br />nbnlla Inlurance . Unbralla Insurance . <br />EnIItronmllltallurvaY . . <br />GROSSAMOUNTDU~~RDuaUYER 2 100.210.00 GROSS AMOUNT D e TO se _LER 2.100.000.00 <br />"MOll NT5 PAID ON BEHALF OF BUYER REl'lUC IO~ IN "MOUNT DUE TO SELLER <br />DeIlOS III and earnllt money. Flalll.r . lCCesS deoosil . <br />rind I 01 new loan san emenl cham.. to leller . <br />ExiaUn Lcan Illakan IUblect UI Existlno La.OTa tak.n lublect 1.0 <br /> Pavoff at firal mortollQllloan <br /> Payoff Of I.cond monaaa. loan <br />I1ncll)allllTlClunl at Miler flnlne/nO rlnell'lll emountof leller finlncina <br />Loan aSlumlltlon Loan allumbtlon <br />Interesl mn: 10: D....I: tnllreat frm: to: neVI.: <br />Crlldit to buy.,. . TIIl.In.uranc. . CredIt 10 bUYer . <br />SulVeY . SUlVev . <br />One day ofOl1ldon Of tenant rent Income 70U4 Onl d~roratlon of tenant rent income 701.94 <br />Security dellCll!llts . SacurltV- dlll)l)lill . <br />AdiUltm1ll1l for It.ma unoald bY sell.r Adjuslments for llema unMld bv leller <br />Rail Ealata lax... - Escrow 19S9 . IReal Ellale taxes. EaCl'OW 1999 <br />R...I Estate tn.s . Escrow 2000 39.923.59 Real Elttllte tax.. . Escrow 2000 311 923.5Q <br />~CIVered Reel EIllata axn . 'Unracov.rad Rul Eslate TIXU . <br />I. PolICY. U.urv <br />Titl. POll"" . o.vner. 301 <br />T1111 l\IIuranca .Ol"ar In"orsements . Ille Inaurance . JlI1er o""""'enll 52!i.00 <br />TlUe Inlurenee . Tille InsU,.nc8 4175.00 <br />aUe Insurance III or Packet Ca,l, . TIlle Insurance Out of Pocket Co&II 623.0n <br />T1tI. Trans'lI'Tax Tille ransfer Tax <br />Title Zonina Inluranca . nllll ZonTriiiTriaurance 525.00 <br />Tanant Revenue cred t . relll eslele 53 020.+4 ananl ~enue c:ndit . real .stal. ~.Q20.44 <br />TClT At.. ;.MOUN rs PAID TOTAL REDUCTIONS N <br />BY :>R IN BeHALI'l3f! BUYeR 93.6015.97 ,AMOUNT DU SI: .U;R 9!l49:\~!l7 <br />CASH AT SE11tEMeNTFROMITO BUYER ::ASH AT SETTLE 'FROM SELLER <br />GIt'U amount due 'rom borTow.r 2.100 210.00 Grollllmount due 10 a.llar 2.100 000.00 <br />LIII amounl .....Id bV1tor bO/'l'aWa, 113.S4:!.Q7 Leoss reductlonll In amount due aell~r 99.493.97 <br />lISII amounls "ald'lor 'ltle Trans'ar ax 210.00 <br />CASH From >TII ilUYliR 2 008 354.03 CASH From To SELLe~ 2 000.506.03 <br /> <br />Parcanlaga rlnt. If any. caltllC1ltd by ellller Buyer or Seller SUbsequent to tile above ClOIIng Catl. Ihall belong lolely 10 Ih.Buylr. Seller <br />and Buy.r her.by lOr.. thalthlre shall b. no (UI1I\er proratlon Of percentage rant. Ind SeU.r haraby raJlnql.lllh.1 and and .n I1ghlllt mlY <br />curran~ ....,. wIU'I nlQlrd 1.0 any unpaid plIlCenlage rent due from any tenant. <br /> <br />GATOR <br />IFIorldaU <br /> <br /> <br />SELLER: <br /> <br />GLIMCHER CENTERS LIMITED PARTNERSHIP <br />I Delewara Umllad partn rstlIp <br /> <br />J..mu <br />GaUlt' HoriIoI\.tnc. <br />Ita gtIfllnI ~ <br /> <br />_1cIen1 <br />Carparatlon <br /> <br /> <br />CilLIMCHEiR HOl.DINQ; \.tM\11iD PARTNiAiHIP <br />. O.I.w.... IImll.d pi! /'Bhl <br /> <br />