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<br />ILOLN�LIIOUSIM1GAOh11t11511�1110H ��St
<br />. NO.
<br />' CONDITIONAL C061h117MENT
<br />�F�0�2 fhORTGAGE INSURANCE UNDER
<br />THE NATIONAL HOUSING ACT
<br />❑ SFG.207�6� `� SEC, i : l
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<br />..�.'�i'. ��;i i. :.�.i:l':1� I .
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<br />.`i�'7't.ii� ����..�'t((i •JIl �,,? .
<br />PROI'EP77 AUONE55 -y � �/ .L
<br />%..��4 iiij!li�:f1:: ii�.� �`j��/ ,L !�
<br />�
<br />�vcrecC, i;nshington $3203
<br />E5TI6iA7.D VALUO
<br />o, ��,op�r,rv . . . � i���,i'_
<br />�COM6VTiFD/ fOR INSURANCE
<br />�. �ief1�-(J r' ���,,/ �.
<br />�:�� _..i? (..:� r._ t_
<br />COldfdliMFNT �
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<br />IssunJ� . 19 � ' "
<br />.
<br />E�oiros: ' / •' ��' 19 '/N.
<br />;'� ^ ,l ". . i ( � "
<br />COM7dITMENTTcilri+"i.v;%.MORT,AMT.S r' "� � � ` NO.R505..� � 'MAX.INiEREST.,'.1=t
<br />7. MON7111Y C%PEIJSE E571
<br />Flro Ins . . .. . . S_
<br />la�w . .. $_L
<br />Condo.Cam.F�p. 5_—_///```
<br />Maln.hllrpnlrs i__?
<br />-Iloai t. Ulillllos i,_ J
<br />CtO51NG
<br />COST......5 ' .
<br />�� L%ISTING G7 Pp01'OSED
<br />(Sre Gcn. Cnnd. #JJ
<br />_....� �
<br />llvin Aroo `
<br />0 6
<br />IVFORMATION —
<br />The tslimnk� of fim Inaucnnce, lnxes, mnlnlennnce/repnirR, Lent/ulilllies nnd doslnR eosle nrc Nrnlehed for morif•ngec'� and mod�ngoe'e
<br />Informotion. Thcy mny Lc uscJ lo prcpnrc I� I1A I+orm 2000, Applicntioa for Crcdit Approv�l� p�6cn n firm commllmcnl ii dcnired.
<br />GENERAL COh1MITMEtJT CONDITIONS
<br />1. TfASWfU\fTtOilTG�1GPA\fOUNTANDTEIl\1S-
<br />(�)OCCUPANT h10RTGAGORS� Thc morlgnge mnounl mid Icnn
<br />sct forlh in �he hcndinl; �rc Ihc mnxlmmn npprnvnl for Cuis prop•
<br />crty nesuming n Enlisfnc�ary a�vncr-occupnnl morlga�or. 7'he
<br />miximum rmount nnd Icrm In thc hcndinF inay Lc cL�ngcd �epcnd•
<br />InC upon F'iLYs rnting o( Ihc borrower, hle Incomc nnd crcJll.
<br />(b) NONOCCUPANT M1SORTGAGORS: -If �Lc morl¢nG�� docs nat
<br />occupy Ihe housc, Ihc Inw Iimits Ihc mnzimum morl�;n�c amount to
<br />not lo excacJ HS % of Ihc m�xlmtnn nmounl m•nilnLlc to �m cllgb
<br />hIc mortgn�;nr x•ho u•fll occupy Ihc house (BS% of vnluc If ScC.
<br />20�(q or 221). In Ihc cnsc of nonoccupmri morign�are, Ihc firm
<br />commllmcnt when lasucd w11i reduce tlre moq6o6e nmount nnd Icrme
<br />beloa• Ihol t�ntnl in U�c hcaJing.
<br />(c)COMMITME�JTCHANGES:-77ie Commissloncr moy, upon rc•
<br />queel ol the npproecd mor�;;nC�c, ehm�Gc lhc mortgngc nmoimi nnd
<br />Icim �et forlh in Ihe hcndhig. 1( tlic n�tpll[al{an ie naompanlcd by
<br />n VA CRV, chnngea will 6c modc only 1f VA lesuce nn nmcndmcnL
<br />$, FIRhf CO\1�I IT, IGNT: -A (inn commllmcnl lo Ineurc rt tonn xdll Lc
<br />Issued upon rcocipi of nn Applien0on for CrcJit App:ovN� PIIA Pomi
<br />2900, exc<wcd by un opproved mo�tgnQee m�d n Lorroa•et entlalnclop�
<br />lo Ihe Commissloner.
<br />8, CO\:il11T\IIiNTTIiRnt;-7hlstommlhnent<halicxpirc`IXILONTIIS
<br />frnmtlmissucdntclnlhecnsc o( nn 1:XIti'1'WG IIOl1iIi or ONL
<br />YGAR trom Ils dnlc !n thc cnsc o( 19tOPOtii;i1 CONS'1'ItUC7'ION.
<br />(FIfA c7nssi/ia n(! ca�cs ns ri(hcr "li.CfSTIA'C.' nr "PItOPOSSD'
<br />for fhe purposc o/ drfcmiinin� Iuhrn n commifmcnl CtPfrcS• Aacard•
<br />fn�fy, a housc, auen fha�f•h sfill undrr aonsfruc((on, ntay Lc efnasL
<br />Jicd as nn eris(ing hmisc i/ff �uns raof approutd by FIfA or VA pr(or
<br />(a Ihc La�uming o/conrtruc(Ion.J
<br />d, C1INCBLLATION: - Thle eommllmrnl mny be tnncelled nitec GO
<br />dnye from We dnle ot Ueunnca If tonslrucllon fia� nol elncled� unleu
<br />il�e morlgagce hae dlebuieed Iom p�ocecd�.
<br />G. PROTGttT] STANDAliDS: - NI connimcllon, mpnire, or nLcrnllona
<br />proposcd In Ihe nppllcnllon o[ on lhc drnwln�e nnd epcU(knUom
<br />relurned LerewlW, �hpll equal or excced Ihe FIIA Tilnimum Pcopuly
<br />Slnndarde.
<br />SPECIFICCQMfdITMENiCOND1710NS (riPP(ioaG(ewhcndieckcdJ
<br />1.❑ HEAI,TH AUT1i0RITY APCROVAL:-Exccutlon o! Porm2G7aby
<br />Ihc Nenllh Authority �iJlcnling npProval o( lhc wulcr supply and/
<br />or nex•u6c dleposal Inslntlnllon le requlred. (ApproVol by Iellcr
<br />or Neeilh Au�horlty Form moy bc uecd.)
<br />2, iGiITfITIi CONTIIOT.:-(n) ItX15'TING AOUS)i-I'urnlshccrllflcalc
<br />� fmm n rcco�nlzcd Icnnitc conlrol opernlm Ihal ILc i10116C BIIOWB
<br />no evldcncc of on nclivc lcnnllc hJcslntlon. (b) PROPOSTD CON-
<br />STRUC710N • Purnish arVC������ �nd two coplc� o( Tcrmlta SoLL
<br />Trentmrnl Guumnlcc FIiA Forni 2062.
<br />8. SUIIDIVISION RGQUIRF.JitiNTS:-Comply willi IIcqWremcnle
<br />� No.
<br />froin Iteport du1eJ
<br />for
<br />d. llUiLDER'S IYAIIIIANTI':-The YulWec ehnll cxenile PIIA %orm
<br />Q 2'u44, lluildcr'e Wnrmmy,
<br />F. PROi'IiRTS INSPP.CTIO\5;-A nalice of canslrutllon sinlus
<br />ELall bc given by Ponn 22H9S, letter or ldephonc ol Ihc lime lnd4
<br />toted bdow:
<br />(n,) ALL PiiOPOSRD CONtiTRUCTION CA51i5:
<br />(1.) � i\I i�•u•d lan work Jnye Lcforo "Lc�ImiL�g of
<br />conslruclhni."
<br />('t.) O 11'hen ILc Lullding le cnclnscJ. alructurnl frmnYng
<br />' wmplcicly cxpnud nnd rouFhing.in of plumbiiq:,
<br />hc�ling :mJ deelrieN work Instnllcd m�d vlsiLic.
<br />(J.) � 1Phcn conslruction mmplcicd nnd pmperly rcndy
<br />(oruccupancy.
<br />(b.) � iliS101iH5: \ulify FIL1 upon cumpicl{on of rcqulaJ
<br />rri�.�irc.
<br />(c.) Q CP:IiTIi'1CATI: OF CO\1PI.Ii7'ION: A ccrlificnlc
<br />atntiiy; th�t the mn�lgngec hae enamined ILc pwposed
<br />ur rmuircJ rcpnirs nnd Ihnt ihcy hnvc bern snlidna
<br />lorily mmpicicd w•ill hc ncapleJ.
<br />G, \'A INsi 4:fTIONS;- 1'urnleh n capy of n dmt VA Onnl rcpor4
<br />r
<br />T. ASSUMNCti OF COhiPLET10N:-If Ihe cequlred rcpnln cnnnot 6e
<br />❑ tompletcd prlor b �ubmledon o( elo�ing pnpeu,n Porm Y800 exrow
<br />Ip lLc nmounl of; (o� �uch aJdlllonnl nmounl
<br />ae lLc Icndcr Jcetrc�) mny bc ulnbll�hcd ue Ihu mcam lo nemra [am•
<br />picllon.
<br />B. SGL1.Lit'S AGRF.LT1IiNT AND ESCIIOIV FOit E:IISTINC PIIOPEI{.
<br />❑ T[IiS rINANCI'.0 UNDIiR SIiCTION 2JG - Sccllon fi19.
<br />T7da commllmcnl te Ifautd on lhc candlllon Ihnl If Ihc mortgngc le lo
<br />ba Ineured under Seellon ��G, !he eNler w•III ezecule nn nRrccmcnl lo
<br />TclmLunc lIUD (or cxpcnete Incurad In rcpolring etructural or olhv
<br />dcfccU w91h rcnpcA to Ihc propcny bcing sold. Thc form of nNrremrnl
<br />eLn116e prcecrl6ed by Ihe Sartlnry nnd n nclier who 1� not Ihe occupnnl
<br />oI lLc property x111 Jopoell G percrnl of Ihc enlce pdcc In cecrow Mllh
<br />llic morlgogcc In nttorJnncc wllh Ihc Icrm� of Ihc ngrccmcnl.
<br />0. SGCTION428
<br />Q TLIe Commllmrnl b leeucd under SttUan I'ununnt to Sm
<br />llon Y23e,
<br />]0. CODIii:Kl'O1iCEh11iNT.
<br />� SuLmit n elnlemcnl (rom lLhllc Authadly �ha� Ihe �u6Jec1 pro�xrly
<br />mecte Codc IIcqWremcnl�.
<br />11. ItgQUillt;D CBIlTIP1CATiONS,
<br />Q lilecUlenl Q IIen11nR � RoofinR Q Plumbing
<br />�2, S:XI'IIlATIOti I7ATIi: - Thc Tolnl Vnlue �Intcd n�ovc in 6need on
<br />� Vcltrnne Adminlnlmllon Cerllllcnte of Ileneo�nble Vnlue, cnee
<br />numbcr � dnlcd�
<br />ilcFordleee of Genernl Commllmenl CanJlLon Numher J� �bovt, Ihl�
<br />commllmenl explrc� on
<br />19.
<br />� Stt epedn�eon 114onn ho.,�
<br />�iC.-��, Co �� .!(. 6elnwaron
<br />nllnobed nheel.
<br />ri;� ��:• r ._ .: � �, . � � ,� . _,,,._,� i.,���i,
<br />� . , .. . . � ; i:i�i;��lil�lY�
<br />. . 1 � % (^ (�
<br />III�I Inim ;19/h �; � � � r ,
<br />
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