On July 01, 2014 a
Exhibit,Appendix
was filed
involving a dispute between
Jpmorgan Chase Bank, National Association, Successor In Interest By Purchase From The Federal Doposit Insurance Corporation As Receiver Of Washington Mutual Bank F K A Washington Mutual Bank, Fa, Successor In Interest To North American Mortgage Company,
and
American Express Bank Fsb,
Capital One Bank,
City Of New York Transit Adjudication Bureau,
John Doe And Jane Doe,
Jpmorgan Chase Bank, N.A.,
New York City Environmental Control Board,
Nyc Department Of Finance-Parking Violations Bureau,
Peter K. Mckenzie,
Rab Performance Recoveries, Llc,
Sherrel Farnesworth
A K A Sherrel A. Farnsworth,
for Foreclosure (residential mortgage)
in the District Court of Kings County.
Preview
FILED: KINGS COUNTY CLERK 01/10/2023 02:22 PM INDEX NO. 506027/2014
NYSCEF DOC. NO. 300 RECEIVED NYSCEF: 01/10/2023
EXHIBIT C
FILED: KINGS COUNTY CLERK 01/10/2023 02:22 PM INDEX NO. 506027/2014
NYSCEF DOC. NO. 300 Conditional Loan RECEIVED NYSCEF: 01/10/2023
Approval
Lender: Americas Lending Group LLC Date: September 15th 2022
Lender/Agent: NeilSinga Applicants: SherrellFamsworth
Phone: (516) 870-9249 Loan #: 67230450003
Email: neil@americaslendinggroup.com
RE: The real property located at: 240 Greene Ave,#238 Brooklyn NY 11238
With respect to theabove mentioned loanrequest,we are pleasedto inform
^ou thatwe have acceptedyour applicationand have
conditionallyapproved yourloan subjectto the terms:
following
Loan Request: A new lien
first in the amountof $1,050,000
Type: 2-
Property Family
Term: 12 months bridge loan+6 months interest
reserves
Fixed Rate Period: 1 yearballoon
InterestRate: 15%
Prepayment Penalty: No Prepay Penalty
Rate Buydown: None
Prepay Buydown: None
Lender Fee: Per borrower agreement withAmericas Lending Group LLC
Due Diligence3rd Pty: $4,000 Due diligence3rd to be paid
party;($1,500 now and balance of $2,500at closing)
Processing Fee: Deal $4,999 to be paidat closing.
Summary: 5 pointsto be paidat closing
These loanterms aresubject to AmericasLending Group LLC's appraisal
underwriting, review,and qualitycontrolstandards.A personal
guarantee isrequired.Americas Lending Group LLC impounds for taxesand insurance.We prideourselves on exceptionalcustomer
service and icokforward to a mutually
beneficialrelationship.
Broker is not now,
nor has ever been,an employee or agentof =ender.The
Broker is actingas an independent third
party in this transaction,
without anyauthorityto make any representationsor warranties
on
behalfof the Lender.The Brokerdoes nothave any or power
authority to bindtheLender.
By: Sheryl Farnsworth Date
further understoodthat the executionof thisdocumentby SherylFamsworthIs a requestto AmericasLendingGroup LLCto commenceits Ioan
derwriting process.The decision to approveyourloan applicationcan only be made by AmericasLandingGroup LLC'screditdepartmentupon.
npletion of our intemal underwritingprocess.Theabove mentionedtoan termsdo not representa promiseto lend.To the extentof any inconsistency
:onflict between the loan terms set rarthin the finaldocumentsandthis letter,the loandocumentsshallsupersedethis letterandshall be binding. -
al rate is not approveduntufinal loan documentshave beendrawn.This lettersupersedesany and allprior or contemporaneous
discussions,
resentation,offers or statements,whetherwrittenor oral made by AmericasLandingGroup LLCandis govemed by the lawsof the Stateof Califamia.
22-15-0913:54:39 EST
FILED: KINGS COUNTY CLERK 01/10/2023 02:22 PM INDEX NO. 506027/2014
NYSCEF
From:
DOC. NO. 300 RECEIVED NYSCEF: 01/10/2023
greenehouse@ymail.com,
To: vbbiaw@aol.com,
Subject: LOI dated 9.15.2022
Fw: Original
Date: Thu, Nov 17, 2022 li:55
am
Attachments: LOl-240 Greene Ave BrklynL.ot#238.pdf
(1055K) .
-- Forwarded Message -- .
rom: Elizabeth Mohammed <1nfo@americaslendinggroup.com>
Fo: greenehouse@ymail.com <.greenehouse@ymail.com>
!c: nellSinga
sent: Thursday, November 17, 2022 at11:51:52 AM EST
subject: Original LOfdated 9.15.2022
3ee attached LOI
)nce the document agreement is signed by Mr.MCKenzie we can proceed withthe loan.
lizabethMohammed
Americas Lending Group
mail:info@americaslendinggroup.com
thone# 631 809 2079
12/27/2022,5:41 PM
Document Filed Date
January 10, 2023
Case Filing Date
July 01, 2014
Category
Foreclosure (residential mortgage)
Status
Disposed-Court Date/Application Pending
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