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x <br />V�. V[rqX 11�IL1� 1 V � nV V i11�41�lIY YN�AIY Y[V EIAI�ENT. '� C( <br />' FEDEII�LNOU/IN011OMINI{TIUTION ICABE �vI-354829-20; <br />CONOITIONAL COMMITMENT <br />FOII MOIITOAOE INfVMNCE UNDEq <br />TME NATIONAL HOUBINO ACT <br />� <br />� ilC.20�10) ❑ 6Ef;. <br />�NI�D� �MYd�► <br />�iMflO� s �fit! �flC�� <br />,� Q� � ��� <br />Ew:ti«• w� 9�206 <br />COMMITME� 1 CRMO MA% MORT AMT S ��� <br />j139 Fifrfrc MalMrt. <br />E1►�rtt[. Y�. 96lOi <br />ESTIMATED VALUE <br />OF PROPERTY .. . .: <br />v'• t•-:� ? ; , . <br />L � ;)O,.j <br />I:VMMIIM[tlT � / I � �� <br />I�SYld - <br />Eapnai 41�' % � �g �n ' <br />} <br />_.�_�l) - <br />0 MOS MnX IN7ERESi _K <br />INFORMATION <br />/(r�: �.�� u•� /cf.. <br />i <br />I.MONTHLY EXPEN�E Ei71MAT <br />c- _ <br />Ftr• �n ...... .. t—�_ <br />:. — <br />T�aw .........5 <br />Condo. Com. ERp.f—�_ <br />Ma�nl 8 fleoaus f � � <br />Han & UtNhi�s S � �- <br />EiTIMA1ED CLONN0.�G <br />� <br />COBT . . . .. .. . , • <br />E%ISTING ❑ PNOPOSED <br />(,tirr Crm L'ond. J/ <br />mpmvetl <br />.rv�no Area �/ s� SQ. Ft. <br />The eatimatee ot fire ineurance, taxea, muintenunce/repuirs, hcal/utililien nnd clushig cosW nre furnishi�d (ur mungagec'a:md murtgugnr'a <br />inlurmellon, They may be used lo prcpnre FHA Furm 2900, AppllrnUun fur Cmdil Approvnl.whrn a finn commilmenl in dcaired. <br />(iENERAL COMMITMENT CONDITIONS <br />MAXIMUM MORTCAGE AMOUNT ANU TERMS - Boundary Map In etfect for ihe communfty prbr to ihe date ot <br />(u) OCCU►ANT M01170AOORi:- lhe mortgage amount and term �el doxing,the property will be covercd by flond Ineurflnce in ao- <br />forth In the he�dln� a�e lhe maximum approved (or thie propeAy cordence with FHA FG•gulution 2U:S. 16a. <br />aesumingau(IdreloryoaneroccupanlmodgegocThemaxMum 2, FIRM COMMITMEN'P: - A firm commftment tu insure a loan <br />amount and lerm In lAe headins may be chenged dependlnR upon vlll be Iseued upon reaipl of xn Applicntlon for (:redil Approvel, <br />FHA'� nting of the borrorer, hle Incame and cttdll. FHA Furm 2900, execuled by nn epprovrd moAgegee end a <br />(E) NONOCCU�AMMOIITGA60Rf:• 1f the mortgegor doee nol borrower aatlefectory to lhe Commiseioner. <br />occupy the hou�e,lAe 1aw11mN� tAe�meximum morlgage emount 3. COMMITMENT TF.RM: • Thie commilment ehall exptre flx <br />to not eteeed 86% of themaxlmum amount evalleble to an ell i61e MONTNS trom Ihe ieeue dete In lhe caxot en EXISTING HOUSE <br />g orONevEAn hom ite dete in Ihecaeeof PROI'OSED CONSTRUC- <br />morlgagor Nho villoccupythehouse(85% of velue if Sec. 203(I) TION. (FHA claaaiJiea a([ caaes aa either "EXlSTINC'or 'PR0. <br />or 421). In the cate of nonoccupant morlgagora, the firm commit- POSCP'/orthvp urporeo/determiningwhenacommitmtnl expires. <br />ment rhen 4iued w�ill reduce the moAqage amounl and terme be- A�cordingly, a houae,cuen fhough afift undercorutrucfion, �.yoy be <br />low that eleted In the heading. ebeaifi'ed as an exwlinK houee i/it was not npproued by b HA or <br />VA prior �o the fiegrnn0ig o/conatr�ction.) <br />(c) COMMITMENTCMANOEf:- The Commiseioner muy, upon re- 4 �ANCSI.I,ATION: - 7'hie commltment ma be cencelled eRer 60 <br />queet of the approvedmortgagee,changethemortgageamount end deya trom the dete of iseuance itconelructlon has no! etarted, um <br />lerin eel forth In Ihe heading. If the appllcatlon Ia accompenled by leee ihe morigegee hax dLsbureed loen proceede. <br />e VA CRV, epengeewlllbemadeonlylt VA ianuea en emendmenL 5. PROPF:RTY STANDARDS:-All construction, repelre,uralOenUone <br />(d ) FLOOD INBUIIANCE COMMITMENT CONDITIONB: - Thfa commit• propoeed fn Ihe epplicntion or on lhe drewings and epecificatlons <br />ment is Ieeued on the condilion that if the proper!y Is locuted in n returned herewilh, xhnll eyunl or exceed the FHA IWnimum Properv <br />❑ood hnxerd ame ae idenlified on lhe Ialesl FIA FIooJ Hezard ty Slendarda. <br />SPECIFICCOMMITMENTCONDITIONS (Appleca6fe urly�n chrdtrdJ <br />1 HEALTH AUTHORITY APPROVAL;-F;xecution of Form 2b73 <br />❑ by the Heallh Authority Indicating approval af the weler eupply <br />and/or �erv�ge dlepoNl Inalallation ie required.(Approvelby klter <br />or Heellh Authodty Form mey be uaed.) <br />2. 'PEFtMITF. CONTROI.: -(n) KXIti'PIYC R��I�tiF.- F'umish��rr�i- <br />❑ ficnlc (rom n rccugNzed Icrmi�cconUolupernlunhalthc hnu.r nnd <br />uther slruc�ures within Ihr Icgnl bound:�ric� of Ihe pruperlv +how: <br />nu evfden� of eMWe �crmi�e Infesinliun. �Irl I'NUPO5F:U CIIN- <br />ti'1'RU CTIOY - Furnlah nnecnpy nf Trrmilc tinil'I'rcnlmrnl Gu:�rnn� <br />entee FHA Form 2052. <br />'i. 1'RRM'ANItICATOR'ti CRR'I'IFICA'I'R: � I'ruvid� ITrL•�bArulinn <br />❑ Cerlificute required by rcluled h:ngineerin�; Bulletin, <br />� 4. CARI'ET UNUF:RFLOORING: - Nulicc uf subOnuring nr (htixh <br />❑ Ilu,�iring Inelalled under cerpM shnll be poslcd nt ;� eonspicuou+ <br />I Iucu�fnn within �he dwcllfng. <br />i <br />� 5. SUBUIVI510NREQOIREMENTS:ComplywlthReqWrement�No. <br />i❑ Gum lteport duted tur <br />Subdiviaion. <br />I!i. BUII.DkR'S WARRANTY: - Thc buildcr shall cxrcNc FHA Form <br />� ❑ '1544, Builder•� Werrenly. <br />i <br />�'��. PROPF.RTY INSPECTIONS: • A noUce of cunetruc�lon elatus shall <br />I,[/� be gWen by Form 2289X, Ietter or lclrphonc ul Ihi• Iime IndlcnteA <br />i Y` 6rluw: <br />'. � �i. Proposed CunetrucUon Cnsex: <br />� ( 1)� Notificatlon shnll be gWen for nll 1'ru nsed Conslruc�Vun <br />'nx•s al Icnet two work duyx befom eginn ng o con- <br />slruction" und ux muy be Instruc�rJ bclow, <br />� (2)�N'henlhebuildingisendosed.sln�cturnlhnmingcomplcle- <br />� ly ezpused nnd ruughing.in nf plmnbing, hentingmidclec <br />. Irical wurk Installed end vlsiblc. <br />(3)� When conelruiylon completed und property rendyturcecu- <br />a <br />'�b. RF.PAIRSyNollfy FNA upon completlon ot mqulred repalro. <br />j[] c. CERTIFICATF. OF COMPLF.TION; A certl(Icale eteting thsl <br />i Ihe mortgagee hae examined the propoaed ur requlred repefn <br />, and �hat ihty have been aelie(eMorily completed willbe accepled. <br />!t. VA INSPECTIONS: - Furnleh e copy af e cicer VA Mal repoA. <br />❑ <br />9. ASSURANCF:OF COMPI.ETION:- Iftherequlredrepairocennal <br />� be campl�ied prior to nubmiseion of cloeingpepere, e Form 2300 <br />escmwinlheemounlof3 (ureuchadditionalamount <br />ne ihe lender Aesires) mey be catablished na �he meane lo aeeure <br />complellon. <br />10. SF;LLBRB ACRBRMRNT ANU F;SCHOW FOR EXISTING <br />� PROPF:RTfES FINANCF:D UNDRR SP:CTION 235-;xctlon518. <br />Thie commilmenl fe leeued on lhe condition that If Ihe morlgage <br />ie to be inaured underSecilon235,lheeeller vfll exaute an agree- <br />ment tu �eim6urx H UD (or expeneee incurmd in repairing �truc- <br />luel or Mher defecls wlth rc�pecl lo Ihe propeNy beln` �old. Tht <br />form of agreement ehall be preecrlbed by Ihe 3ecrN�ry end ��e4 <br />Ier vho le not the occupenl ot the property vill depo�lt 5 perceM <br />o! !he ealee prlqe In escrow with the mortgage in accordance rllh <br />the terms ot the egreement. <br />11. SF.CTION'l23 <br />� ThieCommitmentisiaeuedunder5ection_{Lreuantlo3ection <br />223r. <br />12. SF.CTION 221(d)(2) <br />� Thc Mazimum Insurnble murlgege for a mortge.sor o�herthen e <br />dlePleced family preeenting e Cerlfficale of EIIgIhII11y,.FHA.Form <br />3a76, Is S . <br />13. CODF. ENFORCEMkNT <br />� Submit a etnlement from Public Authorlty thaUheeubject properq• <br />meele CaAe Requlrcmenix. If the mnrtgnge en�vmbering Ihe prop� <br />crly Is lo bc Invurcd under tirrliun'l'tl(d)('l)u cndc complhmcc <br />Inspectinn Is requlred. <br />I4. RFX�UIHF:DCP:RTIF'ICA'PION:i. <br />❑ ❑Eleciricxl �Henting �KoufinK �Plumhing <br />I5. P;XPIfL1T1UN DATE: - Thc Total Value xtnted above le bnned <br />� un Ve�erane AJminintrwllon Ccrllffcntion uf Rcawneble Vulue, <br />ceee number deled _ <br />Regerdlene of ('xnernl (:ommilment Conditlon Num6er 3, n6nve, <br />lhla cammilment expirex nn <br />I6. See s�eclal cond lons <br />%�� beluw ar on <br />� ettached heM. � � <br />�H'.GONMN02B00�5 Wv.7/76 SENDTOMORTGAGEEAFfER11UTHOHI2EDAOENTSIGNB <br />