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<br />' , (�E T t�-� :
<br />INIG�GEE NO. - i F �6. '
<br />U S. OEPAqtuEflT OF HOUSINL �N� UFBFn OEVELOPl1ENT � � J[ {� p _,.
<br />)=lf�'y;�y...3 fE�ERPlN01151NGA�NIN15IflAT10X � NO.ESy� Z�7uJ3 20�
<br />- I PROPE0.fY ADDYE55
<br />�( CONPI�IONAI COMMITMENT � ,,;{ �
<br />`` FOR MORiGAGE INSURANCE UNDER �`"�� ��""" ��u
<br />THE NATIONA4 HOUSING ACT 1%:'�. � �i+Lp i.�"�+�+=G"�4T7 i'-n�'�-��
<br />� SEC.403�61 ❑ SEC.
<br />�.uFc.ec _ " _ . . ._ _ ,.. , -
<br />' ._.. ...-. � . `�.
<br />; Q.)t�� V�47 � � .
<br />KA:�SLi:f � CQH�:'�:SY .:
<br />a�3 I7a;:a. t�t7A^11iC�TSP ff�.�`'_>:'�
<br />�ER'�1`LA;� 4TA5Ete 48Y2�s ';%- :` `:
<br />• „ y�W �
<br />rrt f /.t�
<br />Cc?MfAITMENI'fE 1'i1 fAX%.IdORi. A1d1.5
<br />ESTIMATED VALUE
<br />OF PRnPERN . . .
<br />Issved: O� � �� 19
<br />6pires: ;j( : / � 19
<br />NO.Id05./� �t%MA%.WIEREST_
<br />Flrv Ins .... .. $�
<br />to.e; ..... . . S �
<br />Condo.Com.Eap, f
<br />Mo1n.dNopoln s
<br />nwoi a mnnrs. f-
<br />E57lMATED
<br />ClO51NG
<br />���. r/I,iG
<br />c.�,,.
<br />�u,.i�� n,oa a 7
<br />INFORMATION
<br />The esllmeln ot Orc Insuranm, luzcs, mninlennnre/repalrs, Lcat/u�i111ics and closin; �rosla arc fu:niehed far marlqagee'a nnd morigagor'8
<br />IrJarmatlon. Tl�ey muy he us�d ta prepnrc F'liA Gorm 20UU, Mplicaliun for Credll e�.pprnval, �rLen a Grm corr.milment is deslmd.
<br />GENERAL COMMITMEN7 CONDIi�Jl��S
<br />1. \IAXI.\tUA11.tORT.GAGEANOI/NTANPTt:it\IS-
<br />(�)OCCUPANT MORiGAGORS:-The mort�;agc amounl nnd Icrm
<br />sc� larlh In lhe hcaJ6r„ nrc ihe maxlmum npprovcJ (ur Ihls Prop•
<br />¢rty assuming o s�linfaciuy ox'ac[-uccupoN motlgagur. 'fLc
<br />maximwn amaunl and ;crm h� Ihc h^aJing m:�y Lc d��uged dcpcnd-
<br />InQ upon FtIA's ratfnF rf Ihc borroweq hia incu�ne und credit.
<br />(b�NONOCCUPANTMORTGAGORS: -Ifthcmurtgagordocsmt
<br />uecupy Ihe Lousr. Ihc luw limils Ihc m;�xlinwn morll;�l:c amaunt to
<br />mt tu exceed 85% uf Ihe maximum ivnuunt uvnilablc lu an ellg4
<br />ble mortgagar whe wlll oacupy Ihe house (HSqo �f value If Sec.
<br />2U9(I) or '!21). In iLc casa of nunoccupnnt morlF�Curs, ILc fltnt
<br />cumml�ment when Issuer wlll reduce ihe martgxge amuw�i nnd lenn3
<br />below thnt s�uled ln the hcading.
<br />(c�COMMITMENT CHANGES:-The Cominlssloner muy, upon rc-
<br />quesl af lhe npproveei morlp�qec, chongc ihe murlga�;c :unounl mtd
<br />tenn set forth In Ihc hcnding. If the :ipplinuiun is n¢ampnuied Ly
<br />a Vil CHV, chnn6�s xill Le mnde uNy if \S1 Issurs an :unmdmenL
<br />2. F'IR\I CODIAIITDIENT: -A (irm commilment lu insurc n lunn u�lll bc
<br />Issued upon receipt o( un ApP��r.i��un fur Crcdll Appruvnl, PI[A �orm
<br />2900, exec�ted Ly m� appruved motlgagec ond n Lurru�cer sallsfactoq•
<br />lo thc Cummissinncr.
<br />3. COA7\1:T�i6NTTE1I31:-T�.�smmmitmcnle6Nlaxplre5lXMONfHS
<br />Irom Ihe Issue d:tic In Ihc aa=c u( nn EXISTING IIOUSE or ONE
<br />yfAR lrom fts dme In ihe cu.��e of 19lOPOSCU CONSTRUCf10N.
<br />(f'!!A classi/irs c(! onses ns rilher 'F.:CISTINC' rr 'PXOYOSEL'
<br />/or the purpuse oJ drlerminir�g when o rommihnrnl ezp(ns. Aceord-
<br />ing(��, rt lmusc, c.�en tlmu1:�+ sfiff under mns(ruclioq may 6c afass(-
<br />(7ed os nn rxisling house i]inuns not opproued by FIfA or l'A yrior
<br />(u (hc Lfpinnin�; oJ [uns(n¢fiun.J
<br />4. CANCuLLATIOiI: - Thla cammitr.�er.t may be cnncclled after GO
<br />days Irom ILe d.le uf Issuanm If cunat•�aetlon hne not s�nrled, uNess
<br />U�c morigagee hns dlsLursed Iuan Pioe.e�a.
<br />5. PIiOP1iRTY STANDAROS: - NI conelructioq repn[re, or alleraliuns
<br />praposcd In Ihe npplicntinn ar on thc dmwings Md 6fICCIDCelInnS
<br />rcturned hcre�vith, shull equul or rxcmd Ihc P2IA A71nLnum r.a��«v
<br />SmndarJs.
<br />SPECIFICCOMMIiMENTCOIJ0ITIONS (ApP(icnGlewheneheched)
<br />1. IIEALT3{ AUTHORITY APPftOVAI.:-Executlan uf Fnrm257Sby
<br />Q Ihe )lealih Authorily Indkni�ng approvxl o( the w�lcr supply nnd!
<br />ar sewage disposul Inarul:atlon is reyulred. (Approvnl by Iclkr
<br />ar Ilenllh Aulhodty Form m�y Lc uscd. )
<br />2. TF.ftT1ITECONTROL:-(n)C%ISTINGIIOUSE-FumfehcerUfimle
<br />O from a reco6nlzed �ermite conlrol operalor that ihc huuse shows
<br />no cridentt of nn acuvc tcrmitc int.sialiun. (b) PROPOtiBD CON-
<br />S'CItJCT10N - F'umish odginal and Iwo cupics of 'Permlle Foll
<br />Trcidmenl CunraNcr PfIA Furm ZUS?.
<br />J. SUIIOIVISION RF.QUII1F:�fEN'fS:-Cnmply u9�h R�q�dremenls
<br />� No.
<br />(rom Rcpa�t Jated for ._
<br />� s„n�u.,����,�,
<br />�,
<br />4. ❑U.:I.DF.R'S 11'AHRANTI':-7'he bu�lder shall exccute FIIA Farm
<br />O 2641, Il��ildcrb Ncrmnty.
<br />5. CIIOI'ERTY INSPF.CT!UNS;-A nolite uf roustruclion si:�lus
<br />shnll 6e given 6y Furm 2289X, Ieilec or lelephnne ul Ihe lime ludl-
<br />cated Lcluw:
<br />(u.) AI.L PROCOSED CO\S'CRUCTION CA54:S:
<br />(1.1 Q.�1 leu;l Iwu wark dnVs hrforc "h�ginning of
<br />conslruclian.'
<br />('-.1 Q ��'hen �hc building le endosau. etruc�ural Iraming
<br />umyle�ely exPuuJ and ruuRhinK-in uf plum6inK�
<br />heulinR �nd eleclric:�l x�ark iuslulled nnd visiule.
<br />(9.) n lVhen cun>lruclinn mmpleled nnJ proprrly vead�.
<br />'�/ lut arnq�ancy.
<br />(b.l � RF.PAIft4 N<dily FIIA upmi u�mplotinn n! n9��i:rd
<br />repairs.
<br />(c.� CEII'1'IPICATB OF COAIPI.Ii'190N: A crrtificnle
<br />staling �h+t Ihe murlgagrc hua exandned Ihe pruposcd
<br />or reyuirrJ rcpnirs nnd Ihnl ILey h:�vr bern satlsfcc
<br />Inrill' cumpleled will be :¢a�pted.
<br />6. VA INSPECTIONS:-Fumbh n copy uf a clenr V� Ilnai ropor�.
<br />�
<br />FNA FORA1 NO 2�00�5 (icv. I2/72
<br />7. ASSURANC6 OF COAIPLF;TI�N:-�If thc requlred mpnln <nnnot bc
<br />n camplMed priar to sub:nisslon of r;�ying pnpc:e,o Fo[m 2300 csemw
<br />in the umuunl of�y (or auch uddl�laml omoun�
<br />os �he lender desiree) mny be calnblLshed �e Ihe menns la assum com�
<br />pl^tlon.
<br />e, tiR1,LIiR'S AG3EI:Nf:NT AN� fSCitO\V FOR F.XiSTINC CROI`IiR-
<br />O TI t:5 P7NANCIii] UN��F.R SF.CT(ON 235 • Section G1B.
<br />'i'hle commliment le beued on Ihe conditlon tlml If Ihe motl6agc la lo
<br />Le tnsured undcr Srcnun 2�5, Ihc aeller wlll exeeulc nn ngreemenl lo
<br />rclmburse IIUD far expensea incucred In repalving sl�uquml or olher
<br />delena wlth reepecl Iu the prnperty be1nN aoid. The form o( ng�eemenl
<br />shuli hc prescribrd L�� ihc ticerelary unJ u scllcr whp Is not Ihc occupan�
<br />uf ILc proDerty wlll deposil 'u prrcrnl uf Ihe aala ptltc In exrow wilh
<br />Ihe morlgnF�e In aecordnntt wlth ihe �crmn of the agreemenL
<br />9. SF.CTIUN 22�
<br />Q Thle L'ommitmem N leeued unA<r tiectinn iLreuaN Ia Sec-
<br />tiun 229c.
<br />10. CO�f: ENFoitCGAfENT.
<br />Q Submit n�iatemeN from Ibblic Authority Ihe� Ihe eubJecl P�opetlp
<br />meele Code IleqWremenle.
<br />�I. RF.QUIIIF:U CF.RTIFICA7'IONS.
<br />Q F.lectticnl �}Ica11nR p noon�a QI'lumbing
<br />�y, E%PIftAT10N DATF.: - The Total Value e�e�ed above le Le�ed on
<br />O Veterum Adminiatrelfon Cenllicnle ol Heu�mouEle Velae, <nee
<br />numbv _. dNed
<br />Ikgardlese of Cencrnl Commllmrnt Coadillav Numbcr �, nbove� Ihla
<br />cammllmeN expirce on
<br />1�
<br />Stt �peclal mndlllone No.
<br />belov or on
<br />o0oched eheeL �
<br />���-i�-2-�--�y._ 2S- 3
<br />SEND TO MOIITGAGEE AFTEfl AUTHOfiIZEn AGCNI' SIGNS
<br />m
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