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<br /> i I FHA IAORTGnGEE N4 — �/ U.S.00CAqTMEYT OF IIOVSII�G Ah�OIi�AilOEYCLOP1AlN1 CASE I
<br /> � FEOEflAlN0U51NQ�DMIM1ISTPAT108 NO
<br /> ��.PROPF.NiV.,ADORE53, �
<br />' i CONDIiIONAL COtdMITMENT ;`` , '•; `•.N"�..•• �l G�uU � ���` ✓ �.
<br />� ,�y -�-��.,
<br /> �l FORfdOR7GAGEINSURANCEUNDER �:C.L. � �`:�-�� �.��'`3 "}i �
<br /> - THE NATIONAL HOUSING ACT i
<br /> h
<br /> I � SEC.203�6�` Q SEC.
<br /> �7.MONiNIY EXPFNSE E511MtiF '
<br /> � MORTGAGEE , L•STI7.1A7CD VAIUE jI p;,� i„: . . . ... 5.—:-—!
<br /> I , T._ . OF PCOPERiY�. .�. S1in..J.Q ��.�, . . . . . . . S._:,��_.
<br /> '�: . ..i.. �.. i� �'�,:��o.i.i.: Zl::i�.1.i1 COMMIR'cDFORINSURANCE ConJo.Com.E.p. S
<br /> . .V, i^:C,1.'7��J � 1doIn.LBepnin $_L�i=.—.
<br /> �� 4va� EUIHilias $_:.�'
<br /> �.iutl'a3X1(�� ::L'u�13.7luLOc3 ��iUj'! - ESTIMATED �— I
<br /> COMfAITMENT ,/ /
<br /> Issuad: �/ � 19 �G' ClO51NG i i
<br /> � 19 ' � COST... . ..$—�.�� •
<br /> . E.piruso --�
<br /> � - � � G�XISTING O PROPOSED
<br /> , � �
<br /> '� � ' 6 �'� N0.1.505 "�..�_^-,�—� MA%. INiEREST "`•� � (Src Grn. Cond.-�) I
<br /> CGMMIiN�EilY7"cRfhS'�A1AX.AlORLAhti.S � � t- �mp�o.�d ����'
<br /> � livinq Aroa 5�.��. .
<br /> � INFOR7dATI0N �
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<br /> 1 farmoton`� They�n'a)'uhe uscdeto prcpnre FSIA/Prm 2000,lppllcalloafor'C:cdrt 1,provdtwhcn'nfirmcommllmcnl64s dcslrcd.Cngoc's I
<br /> GENERAL COMMITMENT CONDITIONS
<br /> i
<br /> �
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<br /> ' � � 1, \IASI�fU�f TtOR7GAf.EA\fOUNTANDTERniS- , ;
<br /> (a)OCCUPANTfhORTGAGORS�Thc mortCngc nmoimt nnd tcrm a• f�miU�clssucdalclnlirotc�scho�C�nn��EX15T1�(7� iIOUSilx°�,��,+'� �
<br /> � :et forth In �he hendlnF nre ihc mnxlinum npp*oved for Uils p*oP• yEpR from Its dal^- 1n tl�c ense oI PIIOPnSk:D CO::SiIIUCTiO\. �
<br /> crty nssumin6 n smisfaclory a�vncc-occupanl nrorlL'�6o�• T��� Flf:l clr.ssilics alf crts.s as u:hcr "IXI�SI::G" vr 'I'itOT�:En'
<br /> maximwm m�ounl nnd term In tLe heaJinq mny be clmn�;ed depend- �m� fhe pur ose o/de(.nn7ning wl:en a eommi(nient erPfrtis ri<:or,:�
<br /> � InC��Po�>>'��'�'s rutin6 a�Ihe horrox•er,Lls Incume and credlL �nLf��, a holuq eurn though s::i7 under ronstruc:iort. may i�r ctussi- �
<br /> (b)NONOCCUPANTMORTGAGORS: —Iftl�emorlCoCordocenot ficdasancrisliri� hausei(ilu•asnolapProurdayFliAorlApr,'or i
<br /> occupy ihe Lause, the Imv limlts Um max�mum mort�nGe nmounl to fo7he Le6+nning o/consfrud�oa)
<br /> not to exceed tl5 ie of the mnxlmum mnourl nv���nbic �o nn ell�l- ,
<br /> Lic mor�Fn�;ur wLo w'il1 occupy llm housc (85% o[ vNue If Scd �
<br /> .OJ(p or 221). In Ihc cnsc o( nonoccnPnnt morlGnGore, lhc finn CANCELLATIO\: — T.ds connilL-.icnt nay 6c cancc:icd nflcr GO
<br /> commument when Issued wlli redu.c Ihc mor16n6e amount nnd Icrme '�• pYa fram lhc dalc ot lisunnec 1f eo�s:rvelion hns nol elaeted� w�less �
<br /> bclow thnt slatcd in Ihc hending. �hc morigagce has dlsbur6cd Io¢n p�otccds. i
<br /> (c)COMM�TMENT CHANGES:—Thc Commissionee mny, upon rx• � I
<br /> qursi o( lim npproved mon�;ngcc, thnn6c tl�c mo[ign�c amowll nnd
<br /> Ierm sel forlh In Ihc hendLig. If Ilre applknlbn �s nceomprtnicd by I
<br /> � a \'A CftV. changes a•ill 6c mnde anly 1(VA lesucn an anlendmen6
<br /> 2, Fllt�t Ca\I\11TAIENT: —A firm eommilment to Insure a lonn x•Ill Ye � PROPSRTY ST.11VDARDS:—All eonslmcUon, re,uirs. or ni(c:z��o:is I
<br /> pzoPoncd 1n ihc applic�llon or on ihc drn�cings nnd s,ccif:caUons
<br /> Issued upan recelpl of nn Applicntlon for Credll APp�ovni, FIiA Pocm zeNaed liera�91L� ehnll equnl or exeeed the PHA.lilnlmum Yropetlp �
<br /> 2900, execW ed by nn appro�•ed mortge6ee m�d n borrowcf eat�slnttorJ S�y�go�dy. ,, .
<br /> ' to thc Commission<c �.
<br /> SPECIF�CCOMMIThSENTCONDIilONS (/,pp7icaLtewhandiccked) �
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<br /> 1. IIF.A[.Tli AUT{iORITY APPIlOVAI.:—ExeeuUon of Porm 26T3by 7.❑ ASSp Id1NCli OF CO\il'LETIOS�if ILc T°f ern Fb�'mr2J00n�s�`«L� �'
<br /> � thc Iicallh Aulhodty IndlcntlnC oPP�ovnl of Ihc wnl'ovnl b )c l� �om lekd Prlor In aubmiselon of closing`o'crsuch uudillonN n::�u�� ,
<br /> or sc���npc dlvposd lnslnllntion le rc7ulrcd. (App Y in thc nmount o($ ,
<br /> or Ilenith Awhodly Fo[m mny be ueed.) ae ILe lender dcetree) mny Ye ulabilahcJ ua the menne �o �eeun com-
<br /> ptcUon.
<br /> 8. SEi.LER'S AGRliE\tEST AND li5Cli0\Y FOR £XiSTING 1'ROPEii�
<br /> g, Ttilt\IITECONTIIOL:—(a)fiRISTIKGIf0U5L•PurnlsUccrtificalc �TISSI�fNA1CF.DUKDliRSGCTION73L•SccllanGiti. �
<br /> Qfrom n raoCnlz^d lermllc conlmi npccaWr llinl 11ic fiousc elmws
<br /> no evWence a( un ncth•e�ermile Inleslnlion. (b) PROCOSEU CON- .t.ii� �ammllmen� i� lesued on lhe condlllon lhut If tUe morlFnF�' �� �" �
<br /> 5'lflUCTtOY • Fumleh udginN and two coyles o[ Tcrmilo Soll .
<br /> Trmtmrnt Guurnnlce FHA Form 2062. he In9ured under Sccllon 286, ILe cdler wlll ezecute nn nRrtcm<nl In
<br /> '.eimburse IIU� for expenses Inwrred In repnlring elcuclurnl �� '����e� �
<br /> de(ccle w��h respccl lo tlre property Yeing noid. The (ann uf nprcemont �,
<br /> a. SU�DIVI510\ AL•QUIRE�iENTS:—Comply wllh IIequl[emenle b��p��yc pcescrl6ed Ly tlie"�clary nnd n ecller w�ho Is not Ihe occapaN .
<br /> � �0 0[ 11ic p�operty wW dcpo•.� 5 perttnt o(Ihc eoica priu In e�craw n'llh � �,
<br /> (rom Repurt dnled (ar�-- Ilie mor164See In attordnnce wlth Ihe Icrm�of Ihe u6rcemcnt �
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<br /> __,�__SuUdlvlslo�. ,
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<br /> D, SECTION229 I �
<br /> I •6 IIUILUPIi'S 1VARILI\Tl':—The hulldec ehnll execule riiA Pocm �Thle Commltmenl le teeucd under Section it�nuunt to Sa�
<br /> Q 2Fn.1,Ilullder'a R'urrnntY• Uon 22�c. I �
<br /> I u. PItOPt:IlTY IKSi'IiCTiOKS:—A noticc of conslracllon alntus 10. CODSLM1NOItCE11E\T.
<br /> shnll Lc given Ly Farm 2289X, Ieltet or telephone al lhe tlmc Indl• O Sutmil n sln:ement from IUbIIc AuWnr{ly that 1he �ubJecl propeny
<br /> cwcd Lciow: mecle Code IIeGuiremenl�.
<br /> � (n,) AI,L PROPOSF.D CONSTRUCTION CASI:S: - -
<br /> � ��,) � At lensl h:o aork Jays Lefarc "Le6�nning of . � .
<br /> � consimc�lon." 17. IIEQUIRGDCcRTIFICA'i10\5. �jaofm6 �lum�m�; �, �
<br /> i Elcctricul Q iiculln6 ❑ �� ! . ,
<br /> �1,) � R'hen �he LufIJInC �� enclosed, etruclurnl(camtng � , .
<br /> � complcldy exposed nnd ruughlm,�in of plumUlnN,
<br /> ��ca�ln�; und dcctdcnl wurk Insialicd mid visiblc. 1� ggPlftATIO\ DATF.: — The Tolol \'nlue �t�1cd nLore ie baecd un
<br /> ��.� � t5'hcm m�sirucUon camplci�d �nJ pcepectY re"�Y � �'��ernn� Adminielcutlon CCNficnte of IIeneonuble \'uiue, wsc
<br /> ` / ;ur ottupnncy. numbe[ _—�umed
<br /> �� � �J(', �yp;pn���g; Nmify FIIA upan cumpletion a( reyWrcd gegordlesn of Genernl Cmnmliment Condition Number 8, ab��'e, c���
<br /> j � n;�i•s. camml�c�nlexPlruon
<br /> ��,� G l'F:ItiiPIG1T}: pi' CUNI'i.i:Tl(IN: A eenificNe
<br /> si�tling thnt the morlf,^Fee hae <xanduc� Ihe pruposeti
<br /> or rn�Wred repnln nnd fhn� Wcy hnvc becn snlisfnc- ,� ///'''���
<br /> a�nly campleled wlll he nempled. � See e rc�l con�tiani �` // ( i I / �
<br /> � l0 `l 1/�- '� beluw or on
<br /> ,__ ����N5PF.CTIONS:—Furnl�h e copy ol o e e�ear`r VA Oq't' �l �' �I altechcd�hecL '
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