|
. US.OCfAq;l.lilrt Gf'I�JUSRiG AV�U��OAL pEL'iLOV'.�EbI ���� �
<br /> ( fEOCqAL MOUSING AOAIINIS1NAilp\ �ASE • ' � . . . . i • � .
<br /> NO. �,
<br /> � �� CONDITIONAL COMMITMENT PROPERTY AODpE55
<br /> FOR MORTGAGE INSURANCE UNDER
<br /> THENATIONALHOUSINGACT ��' CPOt•T� ^P,y,;;-;.� rVACeCi� �.;1„
<br /> � SEC.703�6� ❑SEC. ,
<br /> 1dOFTGAGEE � � •
<br /> • MONTMIY EXPENSE
<br /> ESTIMAT:D VALUE ESiIMATE �
<br /> OFP�'OPERTY . . SL�JL�n Fire�m. . . . . 5 �.+
<br /> `.���_�i.I'J.i^D :. i.:).i:nT°i �I:l',• COMMIi7EDfOR INSURANCE lo.ce . . . . . �� •
<br /> ��. 17. :�U:� 9I"1 $1`-•
<br /> � � J,µ� � / Idoin.8 Rapaln S�
<br /> ::v,:��:L'C l::l. J-- C� ',�.1iJ14LC:L� iCl��,� Haei a uw�ro. �'G
<br /> �
<br /> COMMI7MENi ESTIfAATED
<br /> Istood: �- ,; � 19 ��� ��OSING
<br /> E.plros: 7 ' .i/ �9 ��� COSi. . . . 5 �/"L��
<br /> �� "•"^ ^ �• � pEXI511NG O PPOPOSEU
<br /> COMMITMENT TERMS� Max�nldat�nMf.�':��. D SO NO..MOS:��� MA%. INIERESi�`/, (Sre Cen. C�ind.n,7)
<br /> Im�rovoJ
<br /> . u.i�o n�oo s 5�.n.
<br /> INFORMAiION
<br /> The Cslimnla of flm Insurnnce, taxca, mnintenance/repnirs, hcnl/ctililies ond elasing msla om funilnhed for marl6o6ceb nnd marl�ngor'a
<br /> lnfol'm0.11on. They may be used lo prepnre FHA Form 2000, Applicalion for Crcdil Approwl,when n flrm commilmenl ia dcelrcd.
<br /> GENERAI COMMITAIENT CONDITIONS
<br /> 1. \iAXIDfV\STfORTGAGEA\fOUNTANDTE1i\15-
<br /> (a)OCCUPANTh10RTGAGORS:-Thc modgngc amounl and Icrm �, CO\f\1IT\IGNTTgR\f:�-Thiacommitmemshnilcxpim5l%MONiHS
<br /> bel forth In Ihe hendln� nre Ihe mnxlmum npprm�cd for tLls prop• Irmn Ihe Issuc dute In Ihe case of an F:XI57'ING 1i0U5ii or ONE
<br /> Crl)' nssuminf n satisfnelop� ox•ner-oeeupanl mon�;ngoe 'Phe YEAR frnm IIa Jnle in Ihe enne nf 19lOPOSI:D CONS'I'RUC'!IU\.
<br /> mtulmum nmouN nnd Icrm In lhe hcn�inF mny bc changed Jepend- (FffA dnssi/ies olf oa,�ea ns rifher "E.YISTIA'G' or 77fOPOSSD'
<br /> in6 upon FHA'a rnlLir'of ihe borrox•eq hle Ineome nnd crcdil. /or !hr purpose o/dtierniirlinp �ohm n tomrnifnttnf capirce. Acrord
<br /> (6)NONOCCUPANI IdORTCAGORS: —Iflhemortgagordaesnol ing(p, n hmuq curn lhouph sfill widtr ransfruclion, mny be dassi•
<br /> Jird as nn criafing houar i/if mns no( opproucd by FIfA or VA prior
<br /> occupy thc housqa�hc inw Ilmlla Ihe mnximum modgngc amount lo tothc brginning o/corufruction.J
<br /> nol lo cxeecd HS„ af Ihc mnximum nmauN nvnilnblc �o nn cligb
<br /> � ble mortgagnr w•ho x9i1 occupy thc house (85% o( vnlue If Sec.
<br /> , 203(I) oi 2^_I). In Ihc cnse of nonoc<upnni modFngore, thc firm
<br /> commltmenl when IasueJ x911 aduce 1he morlgnge nmounl ond terms q, CAPICELLATION: — Thle commllmenl may be concclled uf�cr GO
<br /> , below Ihnt slnlcd In Ihc hcnJln�. days (rom Ihe dulc o(leeuonm If canelrucllon hm not atnrted, unlee�
<br /> (c)COMMITMENT CHANGES:—Thc Commiesioncr muy, upon re• �e morlgn6ee hnt dle6ureed loon yrottcdt.
<br /> queri of lhe aPP�oved morlgngec, chan6e ihe moAga6e omnunt nnd
<br /> term act (orlh 1n lhe Lending. if the oppllcnUon Is nccom,anfed by
<br /> a VA CRV, changee will be mndc only If VA Issues nn omendmenl.
<br /> 2. FIR\f CO\til11T\tENT: —A(irm commllment lo insure n lonn wiil be 6. PROPliRTY STANDARDS: — All consirucllon, repnin, ar nllerutlona
<br /> . lesucd upon reeeipt o(an Applicatlon for CreJil Approvul, FIiA Form p�oposed In Ihe nppllcnlion or on Ihe drnwinga mid apeclficatiom
<br /> 2�J00, cxewted by nn npproved morlgagce nnd n 6ortowcr antiefnctory returned herewlth, eholl equnl or excecd Ihc Fpp �I�p4nu.r Propeny
<br /> la Ihc CommOaloneG Stnndard�.
<br /> . SPEUFICCOMMITMENTCONDITIONS (App(icnLlewhrnehrekerq
<br /> Q1. HEALTH AUTHOIIITY APPROVA.L:—Executlon of Farm2573by Z ASSURANCF. OF CO\IPLF.TION:-1f Ihe reqWrtd rtpolu ennno� be
<br /> Ihc E(enith Aulhority indirnt�ng opprowl ot Ihc wnler eupply and/ eom Ieted g pepen,n Form PJ00 e¢row
<br /> or ecwngc dlsposnl Instn11n1ion la rcqulrcd. (Approvnl by Icllcr 0 P prlor to �ubmlulon of clo.ln
<br /> or lienllh Authorlly Form mny bc uecd.) In thc nmaunt ots (or �uch additlonnl amount
<br /> ne Ihe lender Jeeire�) mey be eelebllehed e� the menne lo aeeurc com•
<br /> plttlan.
<br /> 2. TERTfITE CONTROL:—(o)EXISTING HOUSE•ParnlshccrUficnlc e. SELLER'S ACRF,E\IF.NT AND ESCROR' FOR EXISTINC PROPER•
<br /> Q lrom u 7ao6n@ed ferml�e mnlrol opernlor Ihnl thc liouse shou•a Q TIES FihANCED UNDER SF.CTION P95•Sectlon G18.
<br /> no evidencn af an nclive lcrmile In(esletlon. (b) PAOFOSED COX-
<br /> STRUCTION • Fumish odginnl nnd iwo copice of Tcrmlle Soli Th� commitmcnl i� b�ued on Ihe <ondlilon Ihat U Ihe morigage le to
<br /> TrcatmtN GII¢[nnlce FHA Form 2052, be Imured undtr Sectlon Y96, Ihe �eller w911 execWc nn ngrcemenl to
<br /> rcimbunc 3fUD for expeneca ineurred In rtpelring �tructural ar alher
<br /> 3. SU➢DIViSIO\ IIEQUIRETtENTS:—Comply w{Ih Requirements defecb w1�h ropect �o Ihe propeny being �old, The (orm o( agrcemtnl
<br /> ❑ �ho116<prrscrlbed by Ihe Sttrelnry onJ e�cller w�ho le nat the occ�ipunt
<br /> Na. of Ihe properly wlil depoelt fi ptrttnt of the mlce prlte In Ncrow rllh
<br /> from Rcporl doted for thc mortgngee In nttordonce wlth Ihe Icrm�of Ihe n6recmenl.
<br /> Subdlv�ion.
<br /> 4. DUILDER'S 1VAIiRANTI':—The Luildcr ehali executc FSiA Form `�• SF.CTtO\22�
<br /> � 2544,Uu11dCP'81Vurrnnly. Q Thle Commtlmenl I�iuued under Scellon �nuanl lo Sm
<br /> tlon 229e.
<br /> 6. PROPF.RTI' INSPECTIONS:—A noticc ot conslrucllon alnlue
<br /> shall bc given by Form 2289X, lellcr or Icicphonc nl Ihc Ilmc Ind4 10. CODE ENFORCENF.NT.
<br /> culcdbclox•: Q Submll o �Intemtnl Imm Publlc AWhorlly Ihol Ihe mb�eH property
<br /> (n.) ALL PROPOSF.0 CONSTRUCTION CASBS; mmb Code Rcqulrtmtnb.
<br /> (1.) Q AI lenel hvn work Jnye betore "bc�innin� of '
<br /> constmclimi." �
<br /> 11. IiF:qUIttED C4:IlTii'ICATIONS.
<br /> (^..) Q Nhen the bullding Ie enclosed, structurnl Iraming Q k:lectrlenl QHen�ln8 ❑Rooling Q I'1um61ng
<br /> compleldy exposed nnd roughin6��n of plum6ing,
<br /> henliog nnd clttidcnl xrork Inslnllcd und vielhlc. �y, F.XPIRATION DATE; — The To1u1 Velue �tnied nbove N 6n�ed on
<br /> (3.) � R'hen wnslrucllon eompleted nnJ properly rcnJy Velernn� AdmInl�Irnllon Cenlflcale of Ren�onable Vnlue, <me
<br /> for occupnncy. �
<br /> (b.) �1 RIi1b11RS: Kolify Ff1A upon mmplction of requircd number , dnled .
<br /> fepalrn. Aegurdle�e a( Cenerol CommltmeN Cond111on Number 3, n6ove, Ihl�
<br /> (a) Q C6IITIFICATt: OF CO\1PLF.TION: A <ertif¢atc �ommllmenttxplre�on
<br /> 61n�ing Ihal lhc morigng¢e hna exumined lhc proposcd
<br /> or reqWrcd rcpoire und thm Ihey huvc becn eatlsfac �a
<br /> lorlly eompieleJ will 6e nccepled. I�t Se/e epec�ol co�n�d�ll�la�n)e No.�
<br /> G. VA 1N3CF.CTIO\5:—Furnleh e copy of a elear VA flnel teporl Ky .,/��i--=-�-v/y- `^ y 2�-� z`�'�2 sf Z�� helov or on
<br /> Q ouucheJ•hcel. �� C I rIl IL U r,
<br /> rr
<br /> . � n
<br /> 1 e�� Pvrc.L,o,i��
<br /> - - - -- _ ,�
<br /> Ilbi Irqrt.i ����r 1::��n ', li�.v �1//• �.����� 1��Lu�P1��M�!( Pl I111�411����11/1 n plll N 1 �d.�tl �
<br />
|