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<br /> . � . U.S.DEPeR�r�iniG� n.,��,n,.,r:b1::�.auO:vfLU?e�E�1T • I CASc � . I
<br /> fE�[FALMDUP:�GaD��iI:IS70.At10n hp, .' • ' • ' { -
<br /> --' — PRJ7cRTY ADDriL55 '' - ' '"' ' " ' � �
<br /> CO�DITIONl.L COtlbU7Al=t.T
<br /> � ,'-"v�2 7:OR'�GAG< INSU^nl.tiCc�UND.n ..`�� ,..• •, . . •.
<br /> 7Nc K:.710NAL HOUSI;:G dCT �....� •�.:, � . �:'^ :�
<br /> �ScC.201(L) � SEC.
<br /> Al0.iii.AGc.: .^"-$�Ilin�r��C O� VALU: i�iiD MONTIILY [%PENSE
<br /> .ESTIIAATE
<br /> CLOSI��G COS'I$ Firel�s. . . . 5 '
<br /> ' VALUE Or PFOPEZTYS,�?�,r�� ia.e.. . . . . 5_�'
<br /> Cloaing Cos�s . . . . . ... S�� Moin.6 RcVoirs 5���—
<br /> ^•� � �...1'::: '.... .^..�.� :':'�� TO7AL(Foi�tloris�Cc �/
<br /> � �. �. ..�. . , ... . �^�n•tr lneurnncePurnosesl...5�2� Heo��ll�ili�ia• 5
<br /> � � � � ' AP?ROVED FOR COMMITMcNi COMMITMEIIT
<br /> . . �• .:' ..., J ;1 i. ' Issued: /l"" �.: 197/
<br /> .. , ..� .. _::� �'' .:tli;�;`:?;1 _ :L-J /:� ' •�.• . . .��'� .. � E.pi.es: '/ ' .. . 19�^
<br /> ` � [�E%ISTINGO PROPOSEO
<br /> C�;„��i�l C�i 7.:.'.:.�$"1.1.�%.MORT.Ah1T.S � ��� ����' N0.MOS. �•�r '' AIA%.INTEREST � (See Gen. Cond..'S31 � . '
<br /> Livin9eA�co ���i�. Sa. Fr, �
<br /> INFORh1AT10�
<br /> The cstimatcs of lirc insuraneq Wxes, m:•inlenantc/rcp�irs, hcat/utilitics ond tlosing eotts nrc Curnished Cor mort6�Fce's ond morlgngo['c �
<br /> in(ormation. They may be used to prep�re FHA Farm 2900. Applitation [or Credit Approvnl� when n [irm cOmmtlmcnt is desiced.
<br /> GENERAL COh1AtITh1ENT CO�DITIONS
<br /> 1, \iASI'•lU:d \tORTGAGc AAtOUNT A\D TEF\iS-
<br /> (a) OCCUPANT 6402TGAGORS: The mortga�;c nmount �nd tern 3. C011\IIT\fE\T TBR\1: This eomm[tment shall expire SIX MONTNS
<br /> stt fonh in tl�c I�c�din� are the nnx'unum approved Cor this prop- from the issue dole in lhe cnse a[ an EX157'I:IG IIOUSE ar ONE
<br /> crty as.uming a sati�(�clory owner-aetup�nt mortC�Cor. Thc YEAR [rom its dalc in lhc e�sc of PROP093D CO�STRUCTION.
<br /> naxi:acm nmount and term in the heading m�y be than6ed depend• �F'/f�� classifies o!l cases as either "f..175T1�\'f." ar "PRO•
<br /> r ing upon PIIA's rating oC the borrower, his intome und eredit, pp$ED" for fhe purpose o� detumining irhen a commilment rs-
<br /> (i.) NONOCCUPANT 1.10RTGAGORS: I( the mort��Cot docs no[ pires. Acco�dingly, a house, eucn though s1i(( undcr consuuc-
<br /> octupy ::m Lm�se, the io�v limits We mnsimum mort{nCe amount to tion, mny 6c clnssi�icd as an exisfins houxe i�il �ras not opproued
<br /> not m excee� SS: o( thc maximum amount availablc ta an eligi- by FIIA or VA prior fo the beginning of cansVuttion.J
<br /> blc mo:tgngor who��'ill occupy thc housc (85ie �! valuc i( Sec. .
<br /> 7G5(i) or 221). In the case of nonoccupnnt mort6�gors, the firm M1. CANCELLATION;-This eammitmerit moy be cancclled nfler 60
<br /> co:'.nitment when isaued ��'ill roduce the mortge6e amount and da)'s (rom lhe daM o! lssunnee ff eonstruction h:�s nat st+�led�
<br /> terms bclow lhal stnled in the hcadin�. unless the mort6ngee hos dis6ursed lo�n proceeds. �
<br /> (c) C0�4l.tITMcNT CFIANGES: Thc Commissioncr may, upon rc•
<br /> yucs: oI U�c .pproved mortgo�eC� thangc the mortgoge omounl
<br /> and tc:m sct forth in thc hcadinC• i( the npplicution is eccom• 5. PROPERTY STAIiDARDS:-��l construction, rtpairs, or nitc�a-
<br /> panicd by e VA CRV, ehanEes will be made only if VA issucs ��ons proposed in the appiicatton or on the drowings xnd specifi-
<br /> an nnenAmenb eotions returned herewith, sha❑ equol or ezcred the F}fA Nini-
<br /> 2 i°;iiS1 CO�:�IITbiB\T:-A.firm eommitmcnt �o iusurc e loan w�lf bc mum Property Slnnd��ds, or thc devintinns ngrced upon pur'u�nl
<br /> iu.uo�i �u`,•�� r��vriyl a.f :m APPliruiian for CrcJit Approvai, PIIA �o �i�rl���,�„ �����I ncopa provinionu o!GcncrUl R�vir.ion No. 6�Juled
<br /> 'arm :��UU. csrcutrd Ly .�n upymvcd morlg:�gcc nnd n Lof�owur
<br /> satisfat:o,y lo Wc Commisuionep August� 19G8.
<br /> SPECIFIC COh1MITM1IENT CONDITIONS(Applicnble �uhen checkedJ
<br /> 1. iSEALTFi AUif(O.^.STY APPROVAL:-Lxecation of Forn 2573 6y 6. VA 1\SPECTIO\S:-Fumish e aopy oC a clear VA final report.
<br /> l� tnc ficnllh Aulliority indicating approval o( thc watcr su�pl� and/
<br /> or se�voge disposat inst.ilntion is required. (Approval by letter O pSSURA\CE OF CO\1PLETION:-If lhe required repairs eannot
<br /> i or Fieolth Aulhority Form may be used.) Q be eompleted prior to suUmisston a! elosin� p�pers� e Fwm 2300
<br /> cscrow in thc amount o! S (or suth edditionai
<br /> 2. TL.�'J;:TL• CO\7FOL:-(�) EXISTI\G HOUS: • Furnish cr.tificate �'�ount �s thc Icndcr desires) moy be esWblished as lhc mcens
<br /> Q iron a recogniud termite control operator t:+�t thc F.ouse sho•.��s to �ssuR conpletion.
<br /> no evidence of an activc l�r.ni[e in[es:auon. (b) PROPOSnD CO\- 3. S�CTIO\ 23i AUTliORITY:
<br /> a This eommitment mny be eonverted to seetian 235(i)upan
<br /> ST«liCTIOS • Furnish originai and two eopics o: Tcr..iitc Soil � � � r`eL`�` o� an �PP��cotian co�•erin� an cliC�ti�c borrowcr.
<br /> Trcalmcr.t Gumm�tcc FIIA Form 2052.
<br /> Contrul �uthottly for this purposc has bcen obliCntcd.
<br /> J. $UoDiV:SiO\ n6QUIRL•11CNT5:-Comply witL neGui:emrn.s (b) Q 1f eonlr�ct �uthorily is avnilnble, this tommitmcnl nw)' .
<br /> O be eonvcrted to seetion 2J5(i) upon reccipt o[ an app�i•
<br /> I \o. ca�ion tovcring nn cli�iblc borrowcr. —.
<br /> irnrc Report dnled fo� 9. EXPI[iATlO� DATE:-Thc 1'ot�l Yalue sWted nhave 'ls b�srd
<br /> Subdivision. Q an VeCcrans Administralion Ccrtificalc o[ Rcasonahlc Valuc,
<br /> easc numUcr ,dnted
<br /> ��t. ��;;,p;:R'S R'AftftA\:Y:-Thc buildcr shnit exceutc cFl.\ Form RcEardless of Gencral Commitment Condition Fumber 3, abovc,
<br /> i� oy;,y� j����[«g µ�a;;�My, this commilment expires on •
<br /> l0.
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<br /> i S• .��\J�.:�U}� I`SPL'C 1IO�JI�A noticc of construction sW:us Scc special eonditions Ro. --
<br /> sh,ilt lc i,ivan by Forw 2_'u7S, lcttcr or tcic,honc at thc timc
<br /> '_... .. , ` .,. , . __._ bcLmv or an
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<br /> I (a.) nL:, :'�LG"r'C.i�iJ N::S'i:GC�:O:i CAS°S: , atWched sheCL
<br /> (,.) � At Ic,c:; b�•o work days beforc "UcQinning of
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<br /> tons;mction.'
<br /> ('),.) C :':i�en eSc builuing Is cr.tloecd, struc:ural Crmning
<br /> cam;latcl)' exposed and rou�I�ing-in ot plu-�Sin�,
<br /> hcat�n,; �r.d cicclrical w•ork in;t�lled and visibtc
<br /> (3.) Q lfncn cons(ruction campictud .cd properly rc:.dy
<br /> Cor occu,�ncy.
<br /> ; (:,.) �-]/F1?i`Aii:S: \ctiiy Fit�\ u.on coapktion oC rc,uircd
<br /> • � rcp.ur.:.
<br /> . (�.) _: C}::iTIi�:CA'::i OF CO.'.1DLET[O:i: A ccY.i;icatc
<br /> sG�t�:�,; t:ia: t:ic murt�.g�'� has exart.ined lhc propo:.ed
<br /> 1 or :cGuircd rcpairc and thnt they h�wu bccn ::�tistac-
<br /> i ro:.ly con�lc:e1�h•ill bc acec�tcd. , �--
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