Affidavit of Property and Debt

---

I. Affiant's Information

I, Rocky Orn, residing at Houston, TX 77001, do hereby solemnly affirm and declare under oath that the information provided in this affidavit is true and accurate to the best of my knowledge. This affidavit is executed to provide a full disclosure of the property owned by me and the debts associated with such property. The details contained herein reflect my current financial obligations in relation to my property located at 1245 Bayou Street, Houston, TX 77002.

---

II. Property Description

The property described in this affidavit is located at 1245 Bayou Street, Houston, TX 77002, and is identified by the following legal description:

• Property Address: 1245 Bayou Street, Houston, TX 77002

• Legal Description: The property is part of the Bayou Estates Subdivision, as per the plat recorded in Book 345, Page 76, of the Harris County Clerk’s Office.

• Assessor’s Parcel Number (APN): 890-123-456

• Square Footage: The total lot size is approximately 10,000 square feet, which includes a single-family residential structure with 5 bedrooms, 4 bathrooms, and an attached garage.

I confirm that I, Rocky Orn, am the sole owner of the property described above and that I hold clear title to the property, with no claims of ownership by any other party.

---

III. Property Use and Condition

I, Rocky Orn, affirm that the property located at 1245 Bayou Street, Houston, TX 77002, has been used as my primary residence since the date of acquisition. The property is in good condition, and I have consistently maintained it in compliance with all local and state regulations.

The property is not involved in any ongoing construction, renovation, or legal disputes that would affect its value or condition. The property is not leased, rented, or shared with any other individuals or entities.

---

IV. Debts and Liens

I, Rocky Orn, declare that I have incurred the following debts and obligations related to the property located at 1245 Bayou Street, Houston, TX 77002. These debts are secured by the property, and I remain responsible for their repayment.

1. Mortgage Loan:

   • Lender: TX Federal Bank

   • Loan Amount: $500,000

   • Loan Date: January 15, 2021

   • Interest Rate: 4.25%

   • Term: 30 years (fixed)

   • Current Balance: $485,000

2. Home Equity Line of Credit (HELOC):

   • Lender: Bayou Financial Services

   • Line of Credit: $100,000

   • Current Balance: $50,000

   • Interest Rate: 5.0% (variable)

3. Property Taxes:

   • Outstanding Property Taxes: $2,500 for the tax year 2023

   • Due Date: February 15, 2024

   • Tax Authority: Harris County Appraisal District

4. Homeowner’s Association (HOA) Fees:

   • Annual HOA Fees: $1,200

   • Current Balance: $300

   • Due Date: January 31, 2024

I acknowledge these debts and obligations as the sole responsibility of mine, and I am committed to making timely payments on all amounts due. I have not entered into any other financial obligations or debts related to this property that have not been disclosed in this affidavit.

---

V. Purpose of Affidavit

This affidavit is executed for the purpose of disclosing the property value, debts, and obligations associated with the property located at 1245 Bayou Street, Houston, TX 77002, for legal and financial purposes. This affidavit serves to confirm the outstanding debts, liens, and financial responsibilities tied to the property and is intended for the following uses:

• Loan applications or refinancing requests

• Property tax assessments and financial planning

• Estate planning and inheritance purposes

• Verification of financial status in legal proceedings or transactions

• Any other official or legal purposes where such a disclosure is required

---

VI. Affiant’s Signature

I, Rocky Orn, being duly sworn, do hereby declare under oath that the information contained in this affidavit is true, correct, and complete to the best of my knowledge. I understand that any false statements made herein may result in legal consequences.

Date: December 17, 2050

Subscribed and sworn to before me, the undersigned Notary Public, this 17th day of December, 2050.

---

My commission expires: December 17, 2055

Notary Name: [Your Name]

This document serves as a legally binding affidavit of property and debt, and all details contained within are accurate and truthful as sworn by the affiant.

Affidavit Templates @ Template.net