|
BB&T Personal Financial Statement PAGE 3
<br /> \Jame: Michael Lee Hoots Date: 9/9/2016
<br /> I Schedule 6 REAL ESTATE
<br /> LOCATION AND DESCRIPTION OF COST MORTGAGE PAYABLETO
<br /> PROPERTY PROPERTY "MEIN COST MORTGAGE
<br /> (INCLUDE DEMENSIONS OR ACRES TYPE" NAMEOF YRACQURED VALUE BALANCE HOW PAYABLE
<br /> AND%OWNERSHIP)
<br /> 1621 Conrad-Sawmill Rd Airy Res dance Michael and Jeanette Hoot $175,000 $312,000
<br /> -
<br /> 3/3.5 Brick 3000sf on 2.5 acres 1996 per Mo
<br /> Cherry Grote Beach Condo Secondary Residence Cherry Sand Props,LLC $43,000 $45,000
<br /> 20%Ownership of LLC 2005 per
<br /> 3475 Myer Lee Dr Commercial Myer Lee Props,LLC $460'000 $655,000 $297,000 First Citizens Bank
<br /> 18,000 SF Comm Property 2012 $4,055 per Mo
<br /> South Pointe Condo Secondary Residence Michael and Jeanette Hoot $281,000 $281,000 $212,325 BB&T -
<br /> 2013 $1,210 per Mo
<br /> LakeWatch Plantation Comrarcial TOP NOTCH VENTURES $110,250 $461,100
<br /> 20.5 acres pad ready 2015 per
<br /> 76 Pine Crest Cir Residence Michael and Jeanette Hoot 5760,000 $760,000 $605,183 BB&T
<br /> 2016 $3,276 per Mo
<br /> • per
<br /> per
<br /> TOTAL $2,514,100 $1,114,508
<br /> **P=Primary Residence,S=Secondary Residence,IR=Investment/Rental,RL=Residential Lot L=Land,C=Commercial,A=Agricultural
<br /> Schedule 7 VESTED INTEREST IN PENSIONIRETIREMENT ACCOUNTS
<br /> ACCOUNT TYPE IN NAME OF, INVESTED WITH MARKET VALUE
<br /> IRA Michael Hoots Met Life $308,000
<br /> SEP Michael;Hoots Met Life _ $49,000
<br /> I Retirement w/Wells Fargo Michael Hoots Wells Fargo $56,167
<br /> TOTAL $413,167
<br /> Schedule 8 OTHER ASSETS(PERSONAL PROPERTY,FURNITURE,ETC.)
<br /> DESCRIPTION VALUE TO WHOM PLEDGED
<br /> Boat Trailer $2,500
<br /> Kubota Tractor $12,000
<br /> Utility Trailer $2,500
<br /> TOTAL $17,000
<br /> Schedule 9 OTHER LOANS PAYABLE
<br /> NAM EAND ADDRESS COLLATERAL P LEDGE°AND ORIGINAL ORIGINALAMOLNT/ LOAN HOW PAYABLE
<br /> OF LENDER NAMES OFCOMAKERS OR ENDORSERS DATE CREDITUMIT BALANCE
<br /> State Employees CU Visa Jun-05 $500 $202 $30 per Mo
<br /> BB&T Visa Jan-11 $10,000 $8,291 $147 per Mo
<br /> First Citizens Bank(line of credit; Jun-13 $300,000 per Mo
<br /> First Citizens Bank(equip loan) May-12 $147,000 $41,833 $2,406 per Mo
<br /> BB&T Business Visa Sep-09 $5,000 $50 per Mo
<br /> per
<br /> per
<br /> . per
<br /> per
<br /> per
<br /> per
<br /> TOTAL $50,326
<br /> Application for Ambulance Franchise
<br /> Orange County,North Carolina LIFE STAR __
<br />
|