|
�
<br /> � � �� �
<br /> �� FormAVWMW ` V
<br /> ' oMe Ho ea•a>>se
<br /> fNll A e[IiO. . . L!� • H� �
<br /> i {�� UJ.UEP�IITMEMTOlHOU61NO�NGU11lANDFVtlO�MENT� � � � : �? '�
<br /> � 'FED[IM�I{pWIN0A0MIN1�TR11TION CA�E .•
<br /> MO. '
<br /> �( CONOITIONALCOMMITMENT PIIOPEIITYADOIIE�1 �. •� ��,
<br /> , /� FOIIM01110�[IN�UIIANCEUNDEp �' �� �,� ' �r'.���
<br /> - TH!NATIONAI•XOUlIN011CT �`.� � � ' X'�
<br /> ,✓�
<br /> . � ..�iEt.tOfp) �tlC. f �
<br /> o� E�, , ESTiMATEDVAWE 7.MONTHIV!]lCEN/i�6T1
<br /> OF PIIOPERTY...:{~ � � " ,� �
<br /> ' � hrelm........t
<br /> � L�e� .........3 � • !
<br /> EO FO IM� IMNC! .
<br /> � � Contlo Com.E�D.f
<br /> � � Mein6Rpa�n f -'
<br /> *•�•� �+^ O ITMENT ♦G Nut 6lhniti�� t ' '
<br /> ��� �� �� � 4 �j� � � 18 /('
<br /> • E�p,m � 19 � ECTIM�TEDCIOtI 0
<br /> . � . , . �. , Dt .........•
<br /> COMMI��11M M�x MOnT.AMT f ��+�d V �( �, C� E%ISTING �ROPpSFD
<br /> NO MO6 � -�- U� M�%INTERE57 %
<br /> Atn/:m. Cand. �.t�
<br /> INFOHMATION �^'�roiid i/ 4
<br /> Uvup Aru 7 SC�fl.
<br /> I
<br /> The ee11m�IH uf flrc Ineurnneq lexen, malNennrKr/rcpnirs, heul/ulilitlea nnd dnning conln nrr funilehcJ!ur mutlgugce'e nnd mnAgpgn�'e
<br /> IldotmHlon, Thcy muy be wed to prepnrr FHA Farm 2400. Appllcatinn fur f'rrdll Approvnl,when n (Irm cnmmilmenl Y dedrrd. '
<br /> GENERAL COMMITMENT CONDITIONS
<br /> 1. HAXIMUMMORTCAC6AMOUNT AND TERA1ti- 2. FIRM COMMITMENT: - A firm cammllmenl la In�ure a lo�n
<br /> (e)OCCUI11Nt MOIITOA0011�:� lhe mortgnqe pmouN nnd Icrm �et wlll be leeued upon remipt of an AppOcetlon for CndN ApproAl, '
<br /> forth In tk he�ding�'e Ihe mazlmum approved for Ihle property FHA Fnrni 7900, executed by en npproved moAgagee end e �
<br /> Wumlo`q.�uWf�doryovner-octupantmotlgegacThemeximum borrowerenlldeMorylolheCnmml�elonrr.
<br /> emounl�nd term In lhe besd�nR mey be chunged depending upun 3� COMM17'MF:NT TF.RM: - Thl� rommi�menl ehsll expirc �pe
<br /> FHA'�ratin`of ihe borrower,hl�Income end acdll. MONTNtfrum Ihe le�ue delr In ihr cneeof en EXISTWC NOUBR
<br /> orONFYEAN from It�date In the reecof 1'I20POB6D CONSTRUC-
<br /> (b)NONOCCU►ANTMOIITOAOOR�:• If the mortgnR�� dnee nat TION. (FHA c(aasifiee all coen aa rithrr "F,XISTlA'G'or 'PR0.
<br /> occupy the hou�e,the I�rllmll� Ihe maalmum moAgege amounl 1'OS6D'/orfhep urpnaro/defcrmining wMnornmmitmen! rzplrn.
<br /> to not esceed Bb% of them�xlmum amounl xvellable lo en cliglble ��ordinqfy,nhoiue,even thnuRA a(i(!unr4�rcorufrut(ion,may 6r
<br /> motl/e�or who�vlll otcupythehouse(A5X o!valne If Sea 20:f(q cb�ei(ied na an esutinq huuer iJu wne nnf approued by FHA or.,
<br /> or 471). In Ih�cn�e of nonoccuysnl morlgngnrn,�he Iirm comml4 VA prinr fo Ihe fieginning n/ronahuclion.)
<br /> menl vhen I��ued rlll tedum the morlgnpe nm�iun!nnd terme hr 4• CANCF:I.I.ATION: • Thle commllment msy be cnncelled afler 60
<br /> tow th�t steted In Ihe heeding. daye Irom the dele uf leeuenae If cnnetruction hae nol eterted, un-
<br /> leea Ihe morlgngee hue dlebuned Inen proceed�.
<br /> (c) COMMITMENTCMANOEe:- The Commlenloner may, upon ro- h pHOPF.R'1'Y S'PANUARDS:v�ll conntructlon, r ein,araltentlone
<br /> qusl of 16e epproved morigegee,chnngethemnrtNwBeumounl xnd �ropo�id In the epyIlcatli�n or nn the dreaingi end �pecl0cetlon�
<br /> Urm�et torih In ihe hesdlnR. If ihe eppllcetlon I� eceompe�ded by rclurned here�v4h, ehell cyual or exce'dlhe FHAMlnlmum Proper
<br /> ■VACRV,changa�vlllbemedeonlylf VA In�urn en emendmenl. (y Stnndnrdn.
<br /> 6PECIFICCOMMITMENTCONDITIONB (itpplimAle whrn chrckrAJ
<br /> ]�HF.ALTH AUTHORiTY APPROVAL:�F.:e:Nlcn of Form ?573 f�. ASSIIRANCF.OF COMPI.M:TION: - Iflkerequlredrepnincennol
<br /> LJ by t6t Heallh Aathorlty Indlating approval of Ihe waQr �upply � be rnmplrted prlur la nu6mleelnn o(rineingpnpere,a Form 23:r0
<br /> end/or�ave�edlepo�elln�tellallonl�required.(Appruvalhyletter e�crnwlnlheamnunlofE (nreuchaddlllonelnmounl
<br /> or He�llh Aulhodty Form mny be uard.) ee thc IenJer deelrce)mny be cetnblinhed ne Ihe menne to aeeurc
<br /> cnmplelion.
<br /> 2. TERMITE CONTNOL: -�n) EXI6TING IIOUtiE� Furnlehcrrll�
<br /> ❑ficelefmm e recoqnl�ed frrmilecnntroluprrLlorihnllhr hrnine ond )0. SF:I.I.ER'S ACRF.EMf;NT ANII ESCRUW FOR F.XI9TING
<br /> nlhet elruAurex wl�hin the Icgnl 6oundaricx o!�hr properly ehnwe � PROPRRTIF.9 FINANCF:D UNUF:R FF:CTION 23SSectiun618.
<br /> nn eviden¢ nf ndive termllr InfeeleUon. (b� 1'ROPOtiKf) CON-
<br /> tiTRI'CTION �F'urninhunrcop��n19'rrmllrSall'fnntmcnl Guurnn. Th�e cammlimenl Is IeeueJ on thecondll�onihall(�he modgege
<br /> tee FHA Fonn 2U6R. le to be innuted under3cMbn43fi,iheeellrr w�lll execute en �greo-
<br /> mrnt lo relmburee H UD fnr exprn�ce Incurmd In repnirin Nrur
<br /> J. PRF.FABNICA9'UIYS CF:Il7'IFICA'P4:: � Pnrvlde Prcfubrleullun ���ul ar uthrr delcelt�vllh m�pecllulhtpraperly being eo�d. The
<br /> ❑Certlllrnle rryulrcd hy relnleA Enginerrhig Ilullrlin. form of egreemeN�hall be pre�cdbed by the 9erretery end x �e4
<br /> Icr who b nol ihe uccupeol ol lhe propetly w�W depodt 6 perant
<br /> 4. CAHPRT UNUF:IiM'LOORI`1G: � Nullrr of aub(luudng nr finleh of lhe nle�pdm In eecrow wlth Ihe morlgnga In acwrdence wllh
<br /> ❑Ovoring Inelnlled under crtpel sholl be pnntrd nl n conepicuoue �hrlermn of tAe eRreemenl.
<br /> Incnllon wllhln Ihc dwell:,ig.
<br /> I1. 9RCTION 223
<br /> 6. SUIIDIVIFIONRF.f�UtREMENTS:-C��mplyallhHequlrementeNa. ❑ ThlaCommilmentleleeuedunderRectlnn_ILnunntto5rclion
<br /> � 229e.
<br /> trom Reporldwted for 12. 86CTION 721(d)(2)
<br /> Subdlvlelnn. � The Maxlmum Ineurnhlr mortgnge fur n mottgngar otherlhnn a
<br /> dlnplaced (nmlly preeenling e CcAlflcnle uf EIIgIbillty,�FfiA.Form
<br /> 6. BUII,UF:RB q'AHRANTV: � The huildrr ehnll exee�tle FHA Pnrm 3478, le E
<br /> ❑ 2G44, Bullder's Wnrrnnly. ��
<br /> I � (9. L'ODF:ENNURCEMh:NT
<br /> � 7. f ROPERTY INSpECTIONS: - A no�lce nf cunetruction elafue ehall ❑ Submlt n elelemtN from Pub1lqAWhodly lhetlheeubJect Praperty
<br /> � �be glven by Form Y789%, Iciter nr telephone nl ihr time Indknted meMa Code ReqWromenle. I(Ihe morlgeRe encumbedng ihe prnp•
<br /> � below: eHy le lo be In�ured under 3ection 221(d)(2)n rode mmplience
<br /> � e. Crop�necd Connlrurtlon Cs�ee: InepMlon le requlred.
<br /> - (I lp tvntdliallon �hall be glven fur xll Pro naid Cnnetn�Mlon
<br /> : Clne'a et leeet Iwo wurk deye bcinre"heg n—T-7ng n rnn�
<br /> h tlrucllon"end a�mey beln�Wcted bcluw. 14. I11iC2U11(F:17 Ch:H711�1��:�'�',.'�� . �
<br /> � (2)]Whenlhebu0dinglaencloeed.etruch�rnitrnmh�gcomplul� ❑ ❑F:laclrlrnl �Henting UH��„�,,.,,
<br /> � ly etpmed end roug hing•In of pWmbinq,hentingundetrc� �
<br /> .� tAcal wurk In�lalled and vidble.
<br /> ,� (9)�When comtrucllon complHed nnd property readyfnrocnr �fi. I;XI'I14\'PION DATF.: � Thr Tnlnl VnluN niplyd pbove le Lened
<br /> q � pency. � an Velrrune Adminlelrallnn (�erllllrnllon uf Hen.nnuhlc l'nluc.
<br /> b. EPAIR9: NotBy FHA uPon complellon of mqulrtd repelre. cna��number delyd
<br /> t� CERTIFICATE OF COMPI.6:TION: A ceAlficele etnlinp thul Ite�;urdleee ul Genernl (`ammllmrnt CondlUnn NumAer 8, �bove,
<br /> �� lhe mottqesce As� ezemined Ihe �rnpoeeJ or rryWred mpnln �hln rommllment explrca on
<br /> n endthatlheyheveAeen�npefeclur�lycomplrledwlllbr nccepled. ,
<br /> �b 8. VA INBPECTION9:- Furnleh a ropy uf n clear VA final report. ��_�ftr�s���l��/�����` —s L_nelow m on
<br /> i ❑ �nitnched n eeL•
<br /> 1 •
<br /> 11
<br /> fN�fORM NO 7�00�611EV 7nE BEND TO M011t0AQEE AFTEP AUTMORI2EOAOENT�ION�
<br /> • � � '_ — •Y� ,
<br />
|