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<br /> FHA MpflTG�GEE NO. ' q
<br /> b.� �aPAflTMEHTOFM0U5�NGiND URB<N DEV[LOPMENT
<br /> �� > R FEpEPALNOUSiNGADMIN15ipqT�ON CASE w� I. ;
<br /> 55�• 7-��?-�
<br /> NO.
<br /> � CONDITIONALCOMMITMENT � _ Pt�'�TyAoP,PES$ ;`L. '
<br /> FORMORTGAGEINSUPANCEUNDEfl �� L��L� TIS C"^ /
<br /> THENATIONALHOUSINGACT= ' � � ' �trOLL� L�n gC.2'J� ,
<br /> ���\�� 11 �-� . �.
<br /> LjSEQY031b) � SEC. � ., �-1.-�
<br /> MOflTGAGEE
<br /> . ESTIMATED VALUE / 7.MONTNLV EXPENSE ESTIMATE
<br /> �� � � � ��.
<br /> ��.� . =
<br /> ����'' ��i; � . ' •.,.- OFPROPERTY. ... S C� ` Fue�rrs........5 �
<br /> ` � �,� C M ED FOR SURANCE Taaes ......�..5 ��
<br /> Br.fnier �JTt�sQ (�iOQlj� -'vaJ- V • �I .C"_� Condo Com Ev0 5 �. ••
<br /> �.�Q� �z ��L , Mamt &Reoai¢ S ��
<br /> J�
<br /> Eoerett� Ya 9&2�3 C MMI�meNr� ('�/� n�a�su��i�nes s
<br /> �ssoed 'J�y� �gf " C
<br /> P � f _ l 9` ,� ESTIMaTED CLOSING� }-1.,,
<br /> R E� es ! V
<br /> -'-� � � �COST.........5
<br /> 'Jy, �� �r� J � _ �E%ISTING �PflOPOSED
<br /> 1.� rl.! 1 . ,� � � /� �
<br /> COMMITMEN7�Eft1Vl� MA% AIORlAMTS_ NOL�OS� MF% 11�iEPEST�Se /Sr�OCn. Cond. :1�
<br /> INFORMATION �m°`O°etl � y�_ Sp h
<br /> livmqluea j /
<br /> Thc eslimnlr. o!(ire insurance. Iases. mainienancc/repairs. hcat/ulililics and clusing costs :ire furnishrd for mungag��e's:u�d mnrlFnpnr's
<br /> infnrmatinn. Thcy maV be used �u prepare F HA I�orm Y9U0, Applir:qion fur Crcdit Appru�•al.whcn a firm commiimcm i� desired.
<br /> GENERAL COMMITMENT CONDITIONS
<br /> 1. TIAXID1liA1 AtOH'PGAGF.A170UNT AND T6R7�15- IIoundary �1ap in elfect for the cammunily prlar to Ihe d:ite ��f
<br /> (t�) OCCUPAN7MOFTGAGOflS:� the mortgage nmouni and lefm set dosing,(he property will bc covered b�• ❑ood in�urance in ar-
<br /> forth in Ihe he.�aing nre�he mnsimum rpproved (ur this pru�rty cord;utee �eith FHA Rrgulation 2U:i.1Gn.
<br /> assuming u satisG�N.nrpowner-occ�pantmung:�gor.Them:�ximum j �:�g�� �;pr�����TniEN7l - A firm cumm�lment �o insure x loan
<br /> :�mount and term in '��c hce�ding may Ue chnngcd uepending upon will 6e issurd upun rumipt uf nn n��i�<:��,.,�, fo: Redit 4pproe:�1.
<br /> FIIA's raling uf the horrower.his income and credi�. I'HA Form 2fi00. execWed by an apprnved mnngagee and :�
<br /> burruwcr salisfnclnry �o Ihc Commistiioncr.
<br /> (ii1NONOCCUPANTMOflTGAGDPS:� I( Ih: morlgagor duCa nol
<br /> o:cup}' the house,the la��� limits the m:aimum murtgnge amount 3. CO\t\tl'I'�1F:NT "PEHAt: - This commilr.icro shnll eapire SI;,
<br /> MONTHS fn�m thc issue datc in �hc cnscof an F,SIS'PING HOCtiE
<br /> Io not exeeed BS% n'tbemasimum nmounl a��ailn6le �o an eligihle ��rONE YEAfi from its dnie in �hr casrof 1'RO'PO�]•:U C'OKSTRUC'-
<br /> mungugorwhox�illoccupylhehouselHS% of value if Sec. 203(i) TION. IFHA doss�f�es a!! casrs useilher "1:.CI5%'/�1'G'ur 'PP,U-
<br /> or 21! 1. In Ihe c:+ze of nunoccupani mung;:gors. �hr. 6rm cummib YOSF]`/urthrpurposro(�ie�rnninu�gu�la�nr.cnnuntlrnenf e.rpr'r..
<br /> mrnt wfmn is�ued tvill reducc�he mungo�;r umnunl and �cnns 6e_ �Accurdu�glv. nhui.sCeuen Uio�gh sli]I un�Gaconsn'i�a�un.r.�ai� i,r
<br /> lou� tha� st.ued in lhe hending. c(assifird a< an r.riatin�; house if ti i<us nu( �q�yroucd br }HA nr
<br /> l'A priur(o fhe beti�innuiF ofconstru�finn.) I
<br /> Ic) COMMIIMENTCHANGES: - 7'he Commissioner may, upon fe-
<br /> quesi uf the approced mnngagee.ch:mgethemangageamoimt und �L CAtiCE1.l,AT10N: - 'Phis commilm..it ;nnc be eancelled after liii
<br /> day�. fron. ihc dntc uf issu�ncc if cnnstrurtion h:�s �o� star�ed, un-
<br /> Ic;m sct for�h in lhc hcading. If thc applicatiun is accompanicd h)' Ji,.s Ihc mongagcc ho�s disburveJ lu:+n prucrcds.
<br /> a .ACRV. chanqesw�illbemadcnnh•i( VA issucs an amendment. � pairs..ruYcrntions
<br /> 5. YHOPEItT1' S'P IvUARUS:AII consiruetion. rt
<br /> (u) FLOOD INSUR.4NCE COMMITMENT CONDITIONS:- 'Phis cummi�- ro u.ed in Ihe u Lc.�iion ur on the draain
<br /> p p pp � Fs::nd s�r•cif�c:�Iion.
<br /> menl i.v issued on lhe conditiun thnl if Ihr pruper�y ir Inc:ned in a returnrd herew'i�h. sh��ll equal o:ec��cod the FHA�Lnimum Proper�
<br /> tluod hn'/.ard nre:� i�s iden�ificd un �he I.��cst PIA I�luud Iluzard I�' titnnd�irds.
<br /> ^•PELIHGCOMMITMENTCONDITIONS (App7ict�L(1' u'hcn Chrrl:rdl
<br /> l. HGAL'TH AU'PHURITY Af'19IOVA1.:-EsecWion of Farm 2573 9. AtitiURANCEOFCO\1PLE'PIU\: - If�henK�uiredrep:�irsc:�nnut
<br /> ❑by Ihc Hcalih Authoriiy indicating :�pprq�:il of �hr watcr supply � bc cumplcicd prior In suhmic}ion of clusingpapers.u Form 230U
<br /> :md/nr sca:�gc disposnl ins�:�lln�inn i� rrquir:,d.lApprovnlby Irttcr c.rrovc inihcamnuntof$
<br /> (or such addi�ion��l nmuuu�
<br /> or Heal�h Authurity Ponn m:��� be uscdJ a= the Iender dcsirec) tnap be es�;�hlished :+s ihe mcans lo :issure
<br /> eumpletion.
<br /> 1. '1'F,H1717'F. CU\'I'Kpl.: � 1�+) F:\ISPING HOI'tiP:� I'urni.hi�erti�
<br /> ❑ f:ralefrum :� rcrugnii.edtennilrcunlrolupvralnrihalihehnu.c :uid lO. SF.I.LF.R'S AGItF:F:�iF:N'I' AN!� ESCY.UN' POR F:115T1\G
<br /> niher s�ruciures �cilhin Ihe Iu�;�J buundariea uf�he properiv .hnws � pROPF:RTIF.S FIX:IKCF:D Uti DISit SE('TION ?35��et�ion Slfi.
<br /> nu e��iJenm uf ��c�i��e �crmilr infes�;llion. Ib) PH(7P(li1:U ('U\-
<br /> 51'kl'("PII)�-F'urnichunccupvof'P�nnilrtiuii'Prrnti,.�•nl Guur:m- This cummiimenl iv issucd on Ihvcondiliun �h;�t iI lhc murtgugr
<br /> :�ntee 1'HA Form 2052. istu2�einsumdunderSectiun235.lhesellrrw�illesecu;rann�me'
<br /> ment lo mimoursr HUU for expensce c�currcd in rtpairing strne�
<br /> 1. 1'HEFABIi1C'A'POit'S ('EH7�IPICA'1'E: - I7u�•ide PrvL�bricalion �ual or o�her defec�s wifh mspect lo�he prn��en�' brir� suld. '1'hr
<br /> ❑ Ceriifie�aie riyuired bv rel:�ied Engineering Bulletin. , form o(agreement shnll 6e prtscribed by' Ihe Secreb�p' nni x sal.
<br /> Icr who ia not�he uccupun� of thc pruperty will dcpusil 5 perccni
<br /> CAKI'E'P L'KDGRFLOOR WG: - Kotice uf subfluuring ur fir.ish of Ihe snles priae in escrow with Oir mortgage in accord:mec w�ilh
<br /> ❑ floorinF installed under i:�rpcl shall be pnsled :�t :� mnspicu� Ihe Ierms nf the ugrcement.
<br /> �us
<br /> luenlion wilhin Ihr dx�rlling.
<br /> il. SEC7'ION ?23 �
<br /> �. SUHDIVISIONRF.QUIRE�tENTS:-Complywi�hRequiremenlsNo. � ThisCummi�mentisisncdinidr� },����,i��i�, .ILr.nuni ��iS��ction
<br /> L7 __ z2a�.
<br /> [rom Iteporl datrd for 12. SEC'1'ION 221(dl(°1
<br /> - Subdivision. � The 'dnximuminsur.�blrninrq�.�tirfur :� n���nt':�p��rnihcrlhin :�
<br /> disploceA family prcrcoling a ('c:iifiruir uf F.ii�:ihilitc. I�I{q f'��rm
<br /> (i. I1UII.UF.K'S R'ANRAti'P}': - The builder sh:�ll rs�•cule FHA Fnnn :i47f. is S _ ,_, -
<br /> ❑ 2saa. �auiider�s l4arranty.
<br /> �a. cone t:nt•uFccr:��r.n•r
<br /> '/. PROI'F.RTI' INSPECPIONS:- A noticc of cunstruction sta�uu shall ❑ Su6mit a statgmrnt from Pubtic Aulhurit��ihnt thesuhjri� prupcny
<br /> �be gi��en hy Form 2'?39X. Iet�er ur�elephnne nl Ihe time indicnled meets CoAe Re•quiremenlc. If the mnrt��:�pr ecrumbrrinl; tiir prop-
<br /> bclnx•: eny is lo be insured under tirctiun ^_211d n°I �� �'��dr ��umpli:uice
<br /> n. Prupused Consiruclion Cases: inspection is requirrd.
<br /> 1 I I❑tiMificalion sh�ll bc giacn for all Pr�iosM Conslruclion
<br /> .ascs nl Icasl iwu wurk dnys betorc In•ginning o( con- 14. RF.QUIRED Ct:R7'Ib'ICA"P10.'�]S.
<br /> s�n�clion' :�nd as may bc inclrucled bclnw�.
<br /> ('!IOlChenthe6uildingisenclosrd.slructurnlframingcoinplelo- ❑ �F:Irctricxl �Heating �Runfin�: �!9��n�l,in�
<br /> ly exposed and ruughing�in of plumLing, heatingnndcleo-
<br /> Irical work inslalled and eisible.
<br /> (3)�N'hen ennstrvction compleled nnd proprrty readyforixcu. 15. ERF'IILI'1'I� N DA7'F.: - Thr To�nl Vnlue sin�ed :�6nae is ba�rd
<br /> pnncy. � on Veicrn�.., Administrntion Certificnlinn of Re;uonnhlr 1'�ilue.
<br /> �n. tira'AlliS: Notily FHA upon complclion uf requirtd r.�pnire. cnec numbcr .dnled _
<br /> � c CER'CIFICATE OF C011pI.F.T10N: A ccrtificate stiving that Reg+vdlces of (:enerel C�+mmitm.�N �nndltion Num6cr 3, nbove,
<br /> Ihc morigxgec hnc exnmir,ed Ihe proposed or required repnirs Ihis cnmmltmcN expirrs on
<br /> iind lhut Ihey huve bren antisfnciorily tompleicd w'lll bc uaepted.
<br /> 16� Scc spcdn ondili �@ hp n
<br /> 8. A'A ItiSPh:CT101�5: - I'nr•ilsh n c,�py of si elcnr VA final rrport. n li -i ii l U. � �2�/���. 5���/�
<br /> , ,,9 �_.
<br /> ❑ J I �� . bciuw� t�r nn
<br /> nttnched sheet.
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