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<br />0.�.DEr'AP�MENTOFHOUSIr:G>��JUa6AN�EYELOPMEH: �pSE �� �t �,1 � 1.��
<br />f EJcRAI M W SINL AOM�NIST RAT ION
<br />NO ` '
<br />1, CONDITIONAL COMMITMENT
<br />FOR MORTGAGE INSURANCE UNDER
<br />THE NATIONAL HOUSING ACT
<br />�SEC.207(b) a SEC. �� �
<br />�. ,^: �hJr,'.j PII(i i�p'r,?,+,'1J�
<br />, '�7.:1 i.Si'ItCYP ii:rTlU+'
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<br />�'. C:. . . . . .
<br />..� � ...�C� •.. C:i.Sil:�[U:1
<br />sn� � cn:i ::1: rrt
<br />t�'l:uZi. i�p7iii:i�20[I :�i-0$
<br />�
<br />CLOSING COSTS
<br />VALIIE OF PROPERTYS
<br />17:C. Closin9 Costs ........ S
<br />TOTAL '!'a• Af�.4.�a�
<br />__._....... u,...,,�...i...E
<br />L�SI."LJ
<br />'ROVED FOR COMMiim�
<br />; � �;'.. :
<br />p MONTHLY EXPENSE
<br />ESTIMATE �
<br />F're In�... • S
<br />%li Ta�ae..... S ° � —
<br />�Main.6Repain 3�
<br />� � Hee�6U�ili�iea 5 ��
<br />' COMMITMENT
<br />Ifsved:'' S 19�'
<br />E.pirea:�" � 197.'
<br />� �'/ � MA%.INTEREST � �• I � (See Cen. ConL
<br />COMMITMENT 7ERf15 fnn% enorti AM7 S I�NO.MOS. I opVed `
<br />- I 1 na Areo �� � %
<br />INFORMATION
<br />The ee�imnlee oC li�e insurnnce� toxes, metnlenence/repeirs� henl/utililies ond closing cosls orc Wmished Car mortgogce•s and morlda6c'a
<br />in[otmetton. 'Chey muy hc used lo propore FHA GENERAL COMMITMENT CUNDIT�ONSnI, when e firm commitment is dceired.
<br />, h1AA1�fU61 L�ORTGAGE AAfOUNT �ND TERA15-
<br />(n) OCCUPANT MORTGAGQRS: The mortgnGc emount and tci n 3. COA1�fiSA1tiST TERri: 'Chis tommilment shnll expiro SI% MONTH
<br />set forshuint"he l�iens'ntisfoctoryc o�`+neru ccupent CmotrC�C�r.�Tl e YEARhtromg ts dale in Ihe ease of PROPOSlD CONSTRUCYIb�E
<br />crty � (F(!.i dassi�ics nf! cases as cidicr '4:,1'/STOYG'� or "PRO-
<br />mazimum ���ounl nnd lerm in lhe he�ding mey be ch�n¢ed depend-
<br />:ng upon ff1A's rnting o[ the barroxer, his ineome nnd eredit. pO.iED" /or �hr purpose o� de(ermining when n commilment rx-
<br />���) NONOCCUPANT MORTGAGORS: tf thc mortg�qor docs nal P�"�s'mny 6e efus�ificd as�an�esi �i�s ao�s� �I�������s�^�� �rr����d
<br />i����py the hanse, lhc ��u' ��mits the mozimum mortgnge nmounl lo tion,
<br />nct to excocd 85 e o[ thc mnximum emaunt evni�aUlc lo un eligi• 6y FIIA or VA p��or ro Ihc Geginning of consHutlion.)
<br />Ulc morlFagor who wlll occupY lhc housc (85% o[ vniuc i( Sec.
<br />�pt(�) ur 9.21). In the ense of nono<cupnnl morlRngors, lhe firm ^ CANCELLATION� This commilmeril mny be concelled ^ter 60
<br />commitment when issued wi❑ reduce lhe mortgoge omounl end doy.g from lhe dele of isauance if construction hns not storled�
<br />lcrms bclaw lhnl slnted in lhe hendin& unicss lhe mott6aecc has Jisbursed loan proceeds.
<br />(c) COMMITMENT CHANGES: Thc Commissioncr mea �eUomount
<br />qucst o( lhc npproved morlgn�ce, chxnRc ihe morlg g
<br />r���� � bp nl VA hCRVh chnnge,sRwlllf Ueh made''oni���i[ VA i s�es 5, PROPERTY STANDARDS',<oiio^ °��son lhe draw n�ssendrspecifi-
<br />y lions proposed in lhc epp
<br />nn nmenAmrnl. cations returned h.crewith, ahnll equnl or exceed the FHA htinl•
<br />mum Property Sinndards, �r the devietlons agrecd upon pursuunl
<br />4, I'IRU C01fAifTM1IGYT� A��rm commilmenl tn insure A���� w��� b� �a �urpose nnd scope provisions a[ Gmerol Revislon No. 6. doled
<br />issued apon reccip� o( �m APP���nuon fur CreJit Approvolr PfiA
<br />rorm 2900, ezeculed by nn epproved mort6egce end e borrowcr Au6usl, 1968.
<br />snlisfetlory to tl�c Comm(ssioncr�
<br />SPECIFIC COMMITMENT CONDITIONS (Applicn6(c whcn d�ecked)
<br />❑EALTIi AUTIIORITY APPROVAL:-Hxeculion of Form �573 by
<br />qic Iicolth A'�lho�ity indicnlin�, epprovnl o( lhe welcr supp�Y end/
<br />or sew. ge d�sposnl installn�ion is required. (Approval by letter
<br />or Nenllh �uthodty Form may bc used.)
<br />TFRM1IITC CONTROL:-(u) �XISTING HOVSE - Furniah ccrtiflcatc I
<br />frnm � recognized lcrmilc control operalor Ihol lhc housc shows
<br />no evidencc of en ���live Icrtnilc in(eslotion. (b) PROPOSED CUN•
<br />STRUCTION • Fumi4h originnl nnd lwo eopics oC 1'efmitc Sa�l
<br />Trenlmc�l Gunrontcc FIIA 1' orm 2052.
<br />3. SUI3DIVISION REQUIREAtENTS:-Comp�y wilh Requirementsl
<br />O No.
<br />fr�m R�Port dnted for�-�—
<br />C.•hdivieio�.
<br />3
<br />VA IhSPL•CTION�:-Fumich o copy of o eleer VA finel reparL
<br />� ASSURANC6 OF C0�IPLESION� I( Ihc required repefrs cannol
<br />� he complcled prior lo submisaion of cloaing pnpers, e Form 2300
<br />escrow in �hc nmount o( 5
<br />(or suth oddilionel
<br />amounl ns lhc len�lcr desiresj mey be estebiiahed es the meena
<br />to osscro complclion.
<br />8. SLCTION 235 AUTIIORITY:
<br />(e) Q This commilment may be com•crled to secUon 4J5(I) upun
<br />reccipl ot nn �pP��cntion eovcring an Mi1t�h�c borrowcr.
<br />Contracl oulhodty !or tl�is purpose hes bcen oblignteJ.
<br />(b) �] 1f <ontrnct oulhority {s ev�ilablc� this commitment ma�
<br />be conveited to secllon 235p) upon rceeipl o( an oppli
<br />cetlan covering en e1iR�ble borrower.
<br />9• L•XPIRATiOir Df.TF:-Thc Totrl Value stated atcac la b�se'
<br />Q on Vetcrans AdmiNstrnUon Cerli(icole o(�B1?�sonnblc Vnluc
<br />Cfi6C numbcr
<br />❑UII.D7iR�5 R��RR.\NTY.-The bulldcr shell execute FHA Form I R"�Faco'mmitmenGexpires onm����enl Condllivn Num6er 3�.obovt
<br />g5.�q� �uildcr'x N'nnnnly. ly0.,
<br />Ii:I� Scc special com�«�ons No. /�i /�%j %�/ ����N�K p�'��J
<br />'-C �. �:'I r�( ' 7 1 7 bclow or a
<br />atceched shee4
<br />PROPL•RTY INSPECTIONS:-A'^��`c°Caratclephonc�ntlheatime
<br />shall bc eiven hy Form 2289%�
<br />1➢dICfl�O: Ol`�n�V:
<br />(n,) ALL PROFOSED CONSTRUCTION CASES:
<br />���� � A1 lenst lwa work dxYs betore ^heginntng oC
<br />constrt�clion." �� enelosed, stmeWral framinF
<br />(2.) � R'hcn thc huildin� in of plmnbin�,
<br />complciclY exP�sed and raoghing-
<br />I�enting nnd elaclrienl work inslnlleJ nnd visible
<br />(t,) [] When conxlmclion <ompleled ond proper�y rmJy
<br />for occupancy �etlon o[ reqaired
<br />��,� � i2fPA1R5: Notify FIIA upon comp
<br />tC�81l5•
<br />��.� G cr•.ier�ricnTs oF coa�r�er�o�: n ���ur�o«
<br />,�p���� ���n( Ihc mortF,ngec hes exemined lhe propo::ed
<br />nr �equimd repnirs end lhxl lhcy heVe bcen se!isCeo-
<br />�erily complclel will be accepled.
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<br />(Four to a three bedroom) Appraisal is bas-ed�on 'three eligable bedrooms
<br />,.. i ..��n�i'.i'J.-SN�v li/J
<br />elilu lu �A�+MIG�4tt A11RA RU1111�XI1lU wti[N� �a�Nf
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