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<br />'✓'-2;.:y . � : � � � r�����, n�,u�a,�;d : � :. �
<br />OA1[3 Y.o 63�iUli�i �
<br />rqq MOR'GAGEENO. � U.S.Df.t'AHIt.!kNi01'NOIISINCAN�LIPA4NpEVF.I.Oi'�'�L�Ii FMA��� �
<br />( CASE�.
<br />5 AC�'8 �� fEPEPALHOJ5111GAf1AlINIS7fl�110F NO. }. :� 1
<br />5 � ` . � , . i �� � � �—
<br />X ���� PER Y ADORESS �
<br />CONDITIONAI COMhtlif} �NT 4
<br />FOF h10RTGAGE INSURANL�E UNDER rU� {����� � r��� er
<br />. THE NATIONAL HOUSING ACT 3'��'�""� �'� '-''s`"->�� iv"�3 �
<br />�� SEC.103�L� ❑ SEC.
<br />Lli'-�:•�•••L.'If: �i�:?/��'Wil 4`JiNlLLfEj F4L•
<br />P��� r13:G u.'J'�
<br />�.-ci�;r;., t:a::st�:�;.:c� }"�...-^�)3
<br />CLOSING COSTS
<br />VALUE OF PROPcRTY 5_
<br />C lo•.in� Cos4 - . . . . . . 5.
<br />TOTAl (Fbr:.I�rn:u;;c•
<br />COMMIIMENS�jGRA'LL��jhAX.IdORi.AMi,S_I� K'v �J __No. �.tos.��r.+n>L n�neeesL
<br />�:.,�
<br />I.tON111L1" E%PENSE
<br />ESIIIhAiE
<br />r„�� i�.. . . . . S_ "L "' _
<br />IU.CS • ... . 5 L"I
<br />hlnin. E Fupon $ 7 iJ
<br />Neol A U��firic: 5 —
<br />COMM�IMEN7; .
<br />he��ndr:-"� ' � � �9 '
<br />_.� ,
<br />Eqii .. c '�i i9. _
<br />rV E%ISiING'O CROPOSED `
<br />�sra r.<n. c.,n.�.=:q
<br />Impinveo n �y
<br />L�i.l,�.n l,�.a�[/ �l� :��. fi.
<br />INFOP,MATION '
<br />'1'he e=iimalcc �( lirc IIIF�I[nllcq I:IXCS. 1�1:Ii1dC0;1nCC�YCpellSn c�al/vlililio= mid closing cnsls am Lvni�hed for mnriF:9;�''s ond mory;apur's
<br />inlonnn'inn. '1'hcy mnp Le used In pmpnm CIiA Fonn 2700� Applicaiion fnr CreJil APProvnl, when a firm co�rnii�mrni is dosircd.
<br />, GENERAL COh1A11TMENT CONDITIONS
<br />1. �tASI\IU\I\f07:7'GAu'liA\10JN'CAND'1'lili6l5-
<br />I:VOCCUPANTMORTGAGORSr1'hc mm'I�;:�gc mnmml mid Icrm
<br />>cl furlL iu I!�c heatling :vc lLc mnsimunt ;�pp[ovcd 4,-� liiis p�'�p�
<br />ecly nssuming a,ntislnclop' o�cner-nttup�nl modL'�l:ur. '1'he
<br />vmsimum uinounl nnd lerm in Ihe Leadinf: mny be d�:ml:�� depend-
<br />inl' upon GIi:\'s raling o(ihc horrmrcr, his incomc nnd credit.
<br />p,) NONOCCUPANT MORTGAGORS: —I[tl�c inod6�F��'docs nnt
<br />ncaq,}� lhc Lousc, thc Ino� limile ihc mnxinnun ntoii�ngc amom4 In
<br />not to excrcd Na`„ of t}�c mcuimmn nmmmi nvnii�ulc lo mi digi-
<br />blc morll::�gor v�9�o n911 occupy Ihc lmn=c (fl5`,� nf vnluc if Src.
<br />^_0:1(il ar 921). In O�c rnsc of nonoccupant modgagor, ihr lirm
<br />commihncnl u9icn lssvcd a•ill rcducc ILC morl�a�c nmuunt and I.rms
<br />bdow Ilmt sla�ed ln thc hcading.
<br />(c)COMA11ifdENTCHANCES:—Thc Cnnnuissimmr mnl'. uPon rc-
<br />qc61 uf U:c npproted morle�G�c. Clmngc lhc ntorlC:�F�• ���lounl :md
<br />icrm �cl forlL in Ihc 6cadiu�. If Ihc npplicalion Is amomponied by
<br />a l'A CIiV, chm�ges x•ill t c mnde anly iC VA issues an nmendment.
<br />_, Filt\f CO�7\tIT\[IiN'f:—Afirmcommlhnenitolnsnrcnloan�eillLc
<br />Issued upon recciPl nf un ..pplicalian for Cradif Appro�•nl� FHA Furm
<br />2000. eseculed by �n nppro�'ed morlg�gec nnd a borrow�cr sntlsf�doq•
<br />w lhc Cammissioncr.
<br />3. COn1nfITrI1;NT'1'r:R'�t:—'ihis ciMimAment xholl expire SIX MONiHS
<br />frnm I6c issuc dntc fn Ihc r.�:c nf mt L:SIS'PISG ISOUSF, or ONE
<br />YEAR lrom ils d:�lc in lLc rosc of P1tOPO5GU CO\STRUC'PIOi<.
<br />(FUA classi(irs nR rm.;s ns ritlrer 'F,SLti7'U'G' or' 'PROPOSfD"
<br />Jor Orc ppr/�osC nf deffrminin� wlirn n cnn:mihnrnt Cqiirts. A�rnrd-
<br />inglp. n hova�r, rt��•n llrou�h ali(( Imdrr cn�,slrur(iolt, mny Lc tln.ui-
<br />/'ul ns an r.cr.�ling housc i/if a�as nof npprorcd l�r FI(A or I'A prinr
<br />/n Uie LC,rpinnin� o(ca)tsll'uClion.)
<br />4. CAICRT,LA'CION: —'fhis commilment may Le cnnc�lled ���,ler GO
<br />d:rvs L'am Ihc dnlc nf i+.uNu: i[ con=imclian i�as nol clarled. unlcss
<br />tLe �nurlgngcc hn5 disLursed lo��+ pror,.ed6.
<br />v. 1`ROPISI!'C'i 5141ND�1CD5: — NI cons�n¢lion, repnir2� nr :Jl:i�tions
<br />pruyu=etl in �IIC op7',lir.ilion ur nn Ihe drmvinF'� mid specilicatinns
<br />r.9nnv.d heren9lh� su:Il equal or cxcecillLe GUA �Iinimmn Prnpecl�.
<br />Slnndunis.
<br />SPECIF:C COMMITMEN7 CON�ITION$ (�1pP���ablctuAm chcd:rd)
<br />t. IiG�\i.TH AU'19f0II1'CY APPIIO�'Ai.:—F.zccntion o( Fm'm 25i3by
<br />Q tUc lleallh Anlhnrily indlmtin� nPProval of �hc w:ticr Euppip m�d/
<br />or ac�cagc disposai iiisl�llaliun is rcqi�ired. (dp7�rocnl by IcllcC
<br />ur Hcnlih Aut:mcily Funn m:q� bc uscd.)
<br />Th:li�lll9i CONTROL:-(n) IiTiSTNG IIOIISG-Furnishccrtilicnlc
<br />Q lrom n rcm�;ni:sd Iccmilc eoulrol operalor lh:il ILc liousc shows
<br />un cvi�lcncc o( nn �clivc (cnnitc iidcslallon. (h) PROPOSGD CO:V-
<br />5'PRUCTION - Furnisli nriglnnl nnd trvo copics ot Tccmite Sotl
<br />Trc:�lmrnl Guarmdcc G1iA Farm 205^_.
<br />:1. SGItI)lVItifOK R4:QUIIiIi\IliNTS:—Comply n'ilh Rcquireuunls
<br />� Nn.
<br />frmn Heport dalcd_ (or
<br />4. RLiu,UER'S 1l'NiHAN'1'Y:—Tlic builQcr 6ha11 excculc 1•'IIA I'otm
<br />� 25d4, Uuildcr's R'mnnty.
<br />u. PRUPIiR'1'S' 1\SPTCTIONS:—A nulim o( cmislruclian xi�dns
<br />sli�ll bc �iecn by Gorm 9.^_89X, Icl�cr or Irlcphunc �t ILc Itmc indi•
<br />amrd 6elu�e:
<br />(n.) AI.1, PRUPOSF,O CONSTRUCT[ON CASI:S:
<br />(t.) � At lc�st l�co n�ork daps bc[orc "6e�inning of
<br />conslruclimi."
<br />(2.) O R9�en ILc building is encloscd. slmclural lrnming
<br />complc!dy c�paccd and rouC.hinl:�In of plimibing,
<br />Lcnlin� nnd deelcical �cork Inslallcd nnd visiblc.
<br />(8. ) � R'hen eonslrce4on comyleteS nnd piopecly rendy.
<br />fnr nccupancy.
<br />(h.l �f� ftl'1'Al1i5v Notl(p RIiA upon complclion of rc�Wmd
<br />, puirs.
<br />(�J [� CJC127'IPICATI: OG CO\iPf.h:T10N: A ccrlificntc
<br />•.lalini: Ih:d Ihc mnr��al:�c has csnmluttl Ihz preP�"cd
<br />�rz rrqvlrri: reP:�irx nud IL:U Ihcy hm'c 6cnl SaliSfac.
<br />turilc comp;rtcd n•ill bc nc�cptcd.
<br />6. VA INSPtiCTIONS:—t�wnisl+ n cup,y uf n drar VA finnl repod.
<br />0
<br />7• ASSURANCG OI' COilIPLGTIOK:-1! ll�c tequited repnirs cannol
<br />Q Lc cumplcled prinr lo suUmission of closing pnpers, n i�nnn 9900
<br />cscrow6�theamountof5 (or.uch:�ddilinnnl
<br />nmuwri ns tlm lender de9L'Cs) m�p he est�blished ��y ihc mrans tn
<br />nssurc con+plclion.
<br />8. fiXPIRATION PATL:—Tim Tulnl 1'nlac elnkd abocc i= based
<br />Q on VMcrnns Adminl�tralion Ccrlificalc af Rensonnblc ��:duc,
<br />case numbcr Jalcd .
<br />RCSnrdlcss o[ Cencral Conunitmenl f,m�dilion Number :1, nLove,
<br />Ihie cammthnent expices en
<br />9.
<br />� r xpec'al conditions IJn. � .- � )
<br />���'�� "�'�"�/�� `�'�����/ 6elnwurnn
<br />i
<br />nlUmhcd �hccl.
<br />TiiTS C01'.I.IIi`1%�iliT I`' ', _.':I"
<br />SECT. 235 (i) 1•10:;'i'1�i;: LI.'.':i�
<br />� � �
<br />;,� - . � : r� .
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