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DISCLOSURE STATEMENT: CONTROLLED BUSINESS ARRANGEMENT Order Number: LTS-1036449-JC This Disclosure is made to: (Check one or both):  Seller/Owner  Buyer Seller/Owner Name: Lofty Holding 9919 S Oglesby Avenue LLC Buyer/Borrower Name: Teresa Sanchez Garcia Regarding the Property located at 9919 S Oglesby Avenue, Chicago, IL 60617 For Title Insurance Company, Title Insurance Agent, and/or Escrow Agent: Lakeland Title Services In connection with the property described above, the undersigned has re

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DISCLOSURE STATEMENT: CONTROLLED BUSINESS ARRANGEMENT
Order Number: LTS-1036449-JC
This Disclosure is made to: (Check one or both):  Seller/Owner  Buyer
Seller/Owner Name:
Lofty Holding 9919 S Oglesby Avenue LLC
Buyer/Borrower Name: Teresa Sanchez Garcia
Regarding the Property located at 9919 S Oglesby Avenue, Chicago, IL 60617
For Title Insurance Company, Title Insurance Agent, and/or Escrow Agent:
Lakeland Title Services
In connection with the property described above, the undersigned has recommended, or is about to recommend, the
above named title insurance company, title agent, and/or escrow agent to the above named party(ies) to provide title
insurance and/or escrow services. The undersigned producer has a financial interest in the above named
company/business, or is an associate of the party or entity which has said financial interest and therefore, makes, or has
made, the following estimate of the fees and charges that are known and which will be made in connection with the
recommended title and/or escrow services. Only those charges which may be paid by the party(ies) to whom this
disclosure is made, are (were) disclosed herein. If there are additional parties who choose to utilize services from the
above named company/business, there may be additional charges for those services.
*Owner's Title Policy: $2,150.00
*Mortgage Title Policy: $595.00
Escrow or Closing Fee: $1,850.00
Other Fees: _______________
Total Estimated Charges: $4,595.00
* These estimated figures include all charges/ services such as title search, title examination, title insurance premiums,
and final issuance of Policy(ies). These estimates may be revised if any unusual circumstances occur, unusual risks are
"insured over", and/or lenders require special endorsements which extends their coverage.
You are not required to use Lakeland Title Services as a condition for, settlement of your loan on, or purchase, sale, or
refinance of, the subject property. There are frequently other settlement service providers available with similar services.
You are free to shop around to determine that you are receiving the best services and the best rate for these services.
The undersigned does hereby certify that the above disclosure was made to the above named parties on
Signature of Producer:

Date:

I/we have read this disclosure form and understand that the above signed Producer (referring party) is referring me/us to
purchase the above described settlement services from Lakeland Title Services (provider receiving referral) and may
receive a financial or other benefit as a result of this referral.
SELLER/OWNER:
Lofty Holding 9919 S Oglesby Avenue LLC
BY:________________________________
Earl Vanze Co, Manager
Lofty Holding 9919 S Oglesby Avenue DAO LLC (WY)
Date:

BUYER:
___________________________________
Teresa Sanchez Garcia
Date:

02/05/2026

(NOTE: PURSUANT TO SECTION 18.(b) OF THE TITLE INSURANCE ACT, THE TITLE INSURANCE COMPANY, INDEPENDENT
ESCROWEE, OR TITLE INSURANCE AGENT SHALL MAINTAIN THIS DISCLOSURE FORM FOR A PERIOD OF 3 YEARS.)

Disclosure

LTS-1036449-JC

ESCROW DISBURSEMENT AGREEMENT
Property Address: 9919 S Oglesby Avenue, Chicago, IL 60617
File No.: LTS-1036449-JC

At or prior to the time of closing:
BUYER WILL DEPOSIT: Such funds, in addition to mortgage proceeds, as advised by Escrowee; Executed ALTA
Statement; Home Owner's Insurance Policy and one year paid receipt; Any Lender required contingencies; Any items
required from Buyer to clear title.
SELLER WILL DEPOSIT: Deed in proper form and duly executed; State, County and City Transfer Stamp requirements;
Payoff letter of encumbrances to be released; IRS reporting data; Acceptable Survey; Executed ALTA Statement; Any
items required from Seller to clear title.
If all buyer's and seller's deposits have been made at time of closing, the deed is to be recorded when Lakeland Title
Services is prepared to issue its mortgage title policy in accordance with Mortgagee's instructions, and also to issue its
ALTA Owner's Policy of title insurance in the amount of the purchase price, insuring the title of Purchasers to the above
described premises. Real estate transfer tax stamps are to be purchased in the amount required by statute and affixed to
the deed before recording. Lakeland Title Services is then authorized and instructed to pay amounts in accordance with
the HUD-1 Settlement Statement. In accordance with Illinois law, Lakeland Title Services is hereby providing notice to you
that you will not be paid any interest on the escrowed monies that are being deposited herein. Lakeland Title Services
commingles your escrow deposit with other escrow deposits and does earn interest on commingled escrow deposits. By
signing this escrow disbursement agreement, you are consenting to such deposits. Recutting of any check after the time
of disbursement may require written consent of the lender. The seller and/or buyer agree that Lakeland Title Services
may collect a service fee and bank charges for each reissued check plus an additional fee for any search that may be
required in order to reissue any check. Further, the undersigned do hereby certify that we are aware that the Federal
Deposit Insurance Corporation (FDIC) coverage applies only to a cumulative maximum amount of $100,000.00 for each
individual depositor for all of depositor's accounts at the same institution. Lakeland Title Services assumes no
responsibility, nor will the undersigned hold Lakeland Title Services for any loss arising from the fact that the amount of
the above account may cause the aggregate amount of any individual depositor's accounts to exceed such amount and
that the excess amount is not insured. We further understand that certain banking instructions such as, but not limited to,
repurchase agreements and letters of credit are not covered at all by such insurance.
The seller and buyer understand and agree that Lakeland Title Services is only acting as an agent of the lending
institution, and does not represent either the seller or the buyer as an attorney or in any other way.
The seller and/or the buyer agree to promptly reimburse Lakeland Title Services in the event of an error that results in any
unjust enrichment to either of them.
The seller represents that all past year real estate taxes are either paid or are being paid at closing. In the event it is
discovered after closing that any real estate taxes are unpaid, or if the amount collected to pay any taxes is insufficient to
pay the taxes in full, then the seller and/or buyer agree to promptly deposit all additional funds needed to pay the taxes in
full.
The seller agrees to reimburse Lakeland Title Services for any additional amounts required to pay any mortgages or lien
of record in full. Lakeland Title Services is not responsible for the accuracy of payoff letter(s) or for delays caused by wire
transfers or delivery services.
In the event the any of the undersigned fail to reimburse Lakeland Title Services for any advance of funds by Lakeland
Title Services on the undersigned's behalf, or any shortages incurred by Lakeland Title Services the undersigned's
account, the undersigned agree to pay all costs of collection, including among others, court costs and attorney fees.
The buyer and seller agree that Lakeland Title Services may collect a service fee for the payment of real estate taxes,
recording of documents, printing of closing-related documents, and delivery of payoffs and documents. All fees and
charges are to be paid at the time of closing in the amount disclosed in the HUD-1 Settlement Statement. In the event
Purchase Disbursement Agreement

LTS-1036449-JC