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��T� ` .. Fo�mAGWm"'�V <br /> OMBNo @��N1789 <br /> . FHA MOIITO�OEE NO. FH11 <br /> LL{.DEI�RTMEMTOFHOU{IMOANDURl�NDEVELOPMENT� p � ty yy <br /> SS� �EDER�LN01161NOAOMINItiRl1TION CABE '-. : l � �� s 7 <br /> NO. w/ � <br /> � COND�110NI1LCOMMITMENT PNOPEPTYADDREBS '(/OD OyO� <br /> FON MORTGAO[IN/URIINCE UNDER D�! <br /> TNE N�TIONAL MOU61N0 ACT ' e�Ya�� <br /> i �iEC.7031s1 ❑tEt. <br /> i MORi0A0EF 7.MONiHIYE%VENf 6TMATE <br /> ESTIMATED VALUE �R. / � <br /> ' OFPROPERTY....s ^? Ob� F�niro........ f �t <br /> � y.��.� ^ CO I77ED FOR���yyy tU11ANLE �„K'��""'f <br /> �� "^�_ �"'�I�v � C �ndo.Com Eap S <br /> �' T.O.� iSw6 .. , cE .I P �H'� M.��d a.w�,. s <br /> i �.e�. p <br /> l�� �1',pi�tr '[�� �. COMMITMEN7 He�t6UtAiiln f <br /> �•��• WV�i�tw �uyet luusd � . 1i'9. � , .�187'G. • 'Et71MI/EDCLOtIN <br /> 70 p <br /> i E�pun J �� � t9'�'I �Q <br /> � <br /> os ....... .� <br /> �`//�/�/� ExISTING L PROPOSE� <br /> COMMITMENTTERfdB MA%.MORT.AMT.3 ���4 NO MOS �'�� _M�% IHiEPf:T_L �� <br /> INFORMATION �'"°'� �()�� �� F� <br /> 4N A��� <br /> The eetimntee ol fire Ineunmce,texee,mnlntennnce/rcpolrn, henl/u1111tic� und ��Ineing coet. orc fuminhed for morlgngee9 and murtgngur'n <br /> Wormnllon, They mny Ac u�rd to prcpxrr FHA Farm 290u, Appllculinn tnr Crrdll Apprnvnl,when u(irm commllment le deelred. <br /> OEN ERAL COMMITMENT CONDITIONS <br /> l. MAXIMUMMOATCAGF.AMOUNT AND TF.ItMS- 2. FIRM COMMITMEN'i: - A 11rm commllmenl lo Insure e loen <br /> (a) OCCU►ANT MOIITOA00116:� the moAgege emount end term eet wlll bc le�ued upon rcmipt of en Applicatlon tor Credil Approval, <br /> loNh In Ihe heading art the meximum approvtd fur thl� property F11A F'orm 4900, execuled by en u{�yroved mortgegee end e <br /> e��uminaq�aWlflCloryowneroccupanlmorlgagor.Themaxlmum borzowereedefeclorylotheCommlesloner. <br /> amnunl end term In ihe Meding m�y be chenged depending upon �• CUhiMITMF:NT TERM: - Thle cummllment �hell e:plre �IX <br /> FI1A'e raling of the 6orroweq hl�Income and credlt. MONTM6 frnm Ihe beue dele In ihe ca'eo!nn EXISTING HOI15E <br /> orONEYEAR hom Ib date In the ca�eof PNO{'OSED CONSTRUC- <br /> (b) NONOCCUPAN7MORT01100Ni:• If Ihe mortgagar doe� nat TION. (FNA ekui/in n(f coap o�akher'EXlSTING'or "PRO- <br /> oceupy ihe houee,the lawllmlt� lhe mexlmum mortgaRe emnunl 1Y1SED'/orfhep urpo�to/defermining whenacammifmtnf rxp'vt�. <br /> lo nol e=ceed 86% of themn:lmum emount evaileble lo nn ellglble Acrordingfy, ohouar,evm though�filf undercorufruclion,may 6t <br /> mortgegor w�hu wllloccupythehou�e(86% of�alue If Sec. 203(1) �(�esi/ied as an exiefing Aouse i/�t was nnt upproued 6y FHA or <br /> or 2R1). In the case of nonoccupent mortgegoro,ihe Iirm commll- VA prinr Po tha beginning o/aonatrucfion.J <br /> menf when lewed wlll rcdum the mortgage amount and Icrmn be- 4• CANCEI.I.A'CION: - Thle cummilmenl mey be cencelled nfler 80 <br /> law thel�tateJ In the heeding. deye from the dete of lemena If con�Wclion hae not eterted, un- <br /> lee:,fhe marlgeRK hnn dinbuned loan proceede. <br /> (c) COMMITM[NT CN�NOEl:• The Commluloner mey, upun re- � pPU�.F.RTY STANDARD9:-All condruMlon, repeln,oralterelim�� <br /> queetofiheapprovedmorlgegee,changPlhemorlgageemounland P�apneedlntheeppIlcetlonoronthedrevingeend �peclliullone <br /> term�et forth In lhe heading. If lhe eppllcallon I� uccompflnled by returned IKrewHh, ehallequelor exceedthtFHAA9nlmum Proper- <br /> s VA CRV,chengu�villbemadeonlylf VA I�sun nn emendment. ty Standerd�. <br /> BPECIFICCOMMITMENTCONDITIONS (Applim6fe when che:ked) <br /> � HEALTH AUTIiORI7'Y APPROVAL:-Eaecutlon of Form 4673 9. AS3URANC}:OF COMPLETIOtJ:• Iftherequtredrepulmm�nol <br /> by lhe Hnllh Authorlty Indlwting ap�irovel of lhe weler �upply � be rnmplMed pNor lo eubmieelan o(cloelnBPflPen,a Form 2J00 <br /> and/or�exagedl�po�allmtdletlnnlerequlred.(Approvelbyktter eecrowlnlheamnuntolS (onucheddltlonelemount <br /> ar Heelth Aulhodly Form may be uecd.) ne the lender dedree)may be eeteblbhed a�the meane to ee�ure <br /> complMlon. <br /> 1! TF.IIAIITE COYTItOL: -(x� EXItiTING HpUSF.- F'u:nfehcertl� <br /> � licele from a meognlied lermllernNraloperntorlhntlhe bouee xnA 10. S61.LER'S AGREEMENT AND ESCROW FOR EXISTIN�3 <br /> ulhrr �Iructurea wllhln the Iegul baundnNce uf Ihe pruperly �how• � PROPF:RTIF.9 FINANCEL (iNDfiR SECTION R36�Sectlon 618. <br /> im rvldmm nf uctivr 1�•rmlle intrelnUnn. 1L� 1'NOPUtiF:D CON- Thln commltmtnl 1� lu�ed on lhecondllion lha�It the morlHege <br /> ti7'RUCTION-Furnlehunrc��pyofTermllrtinllTrenlmrnlCunnui� V�� belnwrtdundtr8[ctlon396,lhe�ellerwlll�xecuteene ee- <br /> !ee FNA Form 206Y. Br <br /> ment lo rtimburw HUD for expemee Incur'ed In repalring eWo <br /> 7. PRF:FANNICA'fOH'ti C6RTIFICAT6: - IYovldr PrefuArirniiun tuel o� Wher detect�wilh rt�pect lolhe propeAy being wld. The <br /> [,]Cenlficale raquired by relaled F.nginceNng 1lullelln. form af agreemmt�hsll be prc�crlbed by the 9ecM�ry end o eel• <br /> ler who 1�nol lhe occupent of 1he property wUi depodt 6 peremt <br /> a. cn�tre�r UNURRFI.00RING: - Noticc uf xubflnoring nr Ilnlxh of lheeala prlotnsero�v wllhthcmortgage In ettordence Mllh <br /> ❑ Onrdng inetulled under curpet ehnll be paeted ut e coneplcuuus �he lerfn�of the sgreemmt. <br /> I�x�i.tlon wllhln Ihe dwclling. <br /> 11. SECCION 223 <br /> 5. SUfiDIVISIONRF.C�UIRF.MF.NTS:�ComplywllhRequiremenl�No. ❑ Th�eCommitmentiel�euedundrrSMlon_ELr�uanttoSectlon <br /> � 223c. <br /> hom Report deled for �z, ggCTtON 22l(d)(2) <br /> Subdlvlelon. � The Mnxlmum In�ur�l,le mortgnge for a mortgegor otherthen e <br /> dlepIxced lamlly prceentlng n CMIOcate of EIIgmIIIty,.FHA�Form <br /> R OUILUER'ti WARBANTY:� Thebulldrr ehall ewecvte F'HAForm �<78, le S _ <br /> ❑ 2544. Hullder'e Wxrrenty. <br /> 13. COUE F.NFOHCEMENT <br /> 7. ROPFRTY INSPF,CTIONS:- A nollce of coneWdlon�latue�hall ❑ Submit a etetemenl from 1'ubllc AWAodty ihetlhe�ubJM property <br /> 6e glven by Form 22A9%, letler or telephone el Ihe Ilme Indiceled meeG Code Requlremen�e. Il lhe modgage encum6ering Ihe prop- <br /> below: erty le lo be In�ured under RMlon R21(d)(2)e code compllence <br /> n. PropoeeA Can�irucllon Ceaee: inepecllon le ra�Wred, <br /> (�)I]No11fluLLinn ahall be glven lor ell Pr_�eed Conetrucllon <br /> Cnete �d lenel lvo purk Juyn befu�inn nP��n- 14. RF.(�UIIi6U CF;IiTIFICATIONS. <br /> slructlan' and en mey be IneWcled belaw. <br /> (1) ,rjWhenlhebullAing�endoeed,etruclurellremingmmpIrlr � ❑F.IMrkel �Hexling �RooMg �Plumt.ing <br /> ly e:pueed and roug hing-In of plumbing,healingendelec- <br /> Irlcal aork Inelalled end v1�161e. <br /> (3)�Whenconetructloncompleftd andproperty readyforoccu- 16, F:XPIIiAT10N DATE: - 1'he Tolal Value e�ated abovels baeed <br /> � � pency. ❑ on Veterene Adminbtretlon CertllkeUon of Reneona6le Veluc, <br /> 1 b./RF.PAIR9: NoNly FHA upon mmpletlon of requlrtd repeU�. ceee number deted <br /> �[�CERTIFICAT�� OF COMPLETIOIV: A certllkele detlng lhet Flegardlee� of Ccneral Commlimenl Conditlon Number 3, ebovc, <br /> lhe mortg eQec he� e=amined Ihe propo�ed or requlrcd mpaln �hb mmmllment ezpirn on <br /> andthetlhq•hevebeen�elldetlor0ycomplNedw0lbe eccrpled. <br /> �g s � �o�ai���� VC I � <br /> e. VA INSPEC'fIONS:-Furnleh e copy of e eJenr VA Ona! repoA. !(-i��_� �_� below or an <br /> ❑ w elloched�hek. <br /> J <br /> iN�fORM NO ]lM��6 M[V 3%)E SENO TO MORTOAOEE AFTER AUTNORIZEDAOEMT�IONi <br /> -----�,___. lune 1974 � <br />