📄 Extracted Text (778 words)
11/20/2014 3'33 PM 'RCN: CCO Mortgag4 Tot 9,15135342437 PACE: 001 OF 003
CCO Mortgage
- Payoff Department Fax -
To:
From:
Fax Number:
Phone Number:
Date/Time Sent: November 20. 2014 3:33 pm
Description: Payoff Quote and Instructions
In accordance with your request, please find payoff figures on the referenced
mortgage loan. Payoff instructions are also attached.
• If you have any questions, please call:
Customer Service: 800-234-6002
• To order your own payoff 7 days a week, 24 hours a day:
Payoff AutoFax: (804) 627-5777
• To submit a request for a payoff quote. you may also fax your request to
(888) 999-3819.
CONFIDENTIAL SDNY_GM_00031437
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CCO MORTGAGE
-Payoff Statement-
November 20, 2014
CCO Mortgage
10561 Telegraph Road
Glen Allen, VA 23059-4577
Re:
Requestor Phone #:
Loan No: 0022453112 Payment Due Date: December 01, 2014
Property Address:
PLEASE READ ENTIRE STATEMENT CAREFULLY
The amount to pay the loan in full on November 30, 2014
is: 318,497.46
THIS FIGURE INCLUDES:
Principal Balance 317,369.28
Interest at 04.37500% from 11/01/14 1,103.18
Amount to pay off the loan 318,472.46
Fax Fee(s) 25.00
* * * * TOTAL AMOUNT DUE* * * * 318,497.46
Funds received after November 30, 2014 will require additional interest of $38.04 per day. Figures are subject
to change if any remittance previously received is rejected by the institution upon which it is drawn. All figures
are subject to final verification by the Noteholder.
Issuance of these figures does not suspend the contract requirement to make monthly payments when due. A
late charge of $158.17 will be assessed 15 days after the payment due date.
XP271 @@©
CONFIDENTIAL SDNY_GM_00031438
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11/20/2011 3'33 PM TAM: CCO Mortgage TO: 9,15135343437 Mt 003 OT 003
CCO MORTGAGE
— Required Conditions For Payoff
TO EXPEDITE THE. LIEN RELEASE PROCESS:
Please provide a copy of the Schedule 13 or Mortgage/Deed of Trust/Security Deed on the loan that is being paid in
full to us together with the payoff funds. This will help ensure that the Lien Release/Satisfaction is prepared
correctly and timely recorded or returned to the borrower/borrower's designated agent.
• Remittance must be made by codifiedfinds, cashier's check, or attorney's escrow check made payable to CCO Mortgage.
• ALL FIGURES ARE SUBJECT TO FINAL VERIFICATION AS OF THE DATE THE FUNDS ARE
RECEIVED IN OUR OFFICE.
• Funds received after 2 p.m may be processed the nem business day.
• Monthly payments are due according to the loan documents. A late charge will be assessed 15 days after the
payment due date if the payment is unpaid. The late charge should be added to the payoff amount.
• DO NOT STOP PAYMENT ON ANY PAYMENT PREVIOUSLY SENT TO OUR OFFICE. If excess funds
are received with the payoff remittance, they will be refunded within 21 days of receipt.
• Written notice must be received in our office 10 days prior to the next draft date in order to cancel automatic payment drafting.
DO NOT STOP PAYMENT ON ANY PREVIOUSLY DRAFTED AMOUNT. If excess funds are received with the payoff
remittance, they will be refunded within 21 days of receipt.
• Escrow funds will be used for shorted payoff checks. If no escrow funds exist, short payoff checks will be returned to the sender.
• Unless the escrow account balance is netted, normal tax and insurance bill procurement and payment practices will occur until the
loan pays in full. It is the settlement agent andior Title Company's responsibility to ensure that taxes andior insurance are or are
not paid in accordance with their preference.
• Any remaining escrow funds will be refunded within 21 days of our receipt of funds sufficient to pay the loan in full. Provide
borrower's forwarding address with payoff remittance to ensure prompt delivety of any refund checks and correspondence.
• INTEREST CONTINUES TO ACCRUE UNTIL FUNDS SUFFICIENT TO PAY TI1E LOAN IN
FULL ARE RECEIVED.
Forward payofffunds by overnight delivery to:
CCO Mortgage
Attn: PayoffDepartment
10561 Telegraph Road
Glen Allen, VA 23059-4577
• Updated payoff information may be obtained by calling Payoff AutoFax at (804) 627.5777.
• For wiring instructions call (804) 627-5778.
• CCO Mortgage will prepare the release documents according to jurisdiction requirements. If a recording fee is quoted within the
payoff figure, the State requires CCO Mortgage to forward the satisfaction papas to the appropriate courthouse. Ifrecordation is
not required by CCO Mortgage, all documents will be forwarded to the borrower unless other instructions are included with the
payoff remittance. If requested, CCO Mortgage will record the satisfaction. Recording teas are subject to change without
notification.
CONFIDENTIAL SDNY_GM_00031439
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ℹ️ Document Details
SHA-256
dea9e4e75ec9f064dff8ac75f6e82d93a5e3e33fab118cbd36a34ded4ca2b0d1
Bates Number
EFTA01280078
Dataset
DataSet-10
Document Type
document
Pages
3
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