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<br /> � . CONDITIONnL COSSh41Tld�17 PnJPHF.T: ADD:2c5S . . • "
<br /> ,=OR AtDRTGAGE INSUFANCE'UNDER I � � -- � � � '
<br /> Tllc ?lA710vAL HOUSIN�ACT ` " " ��I
<br /> I �SFC.303(L) � SEC. I I
<br /> � hIGRTGAGEc � C'J i I�.��:.�c G� VALUc A`U AIONTHLY EXPENSE i
<br /> ESTIMA i E
<br /> CLGSIKG COSTS F;,� i�,.... s
<br /> �� � V:.LU� OF PnOPER7Y5 Te.as.. ... 5 �
<br /> i .
<br /> . � •• .•. .- ..�• •,•"• I Clasing Ca:L• . . . . . . .. $ _1Aoin.B Rapoirs $
<br /> . .. ���,: . :j.� T07hL(Fr,r,'Jnn��:gc I
<br /> L�s:::ac,:c !'i,rn�•vra/...5—�' —MeaiLUtifdies 5
<br /> � � � - - ��� � � " �� APPROVLD FOk COMMI7MEN7 COMMITMENT �
<br /> , . .. � � . , . . ., . . ' Iss�eu: 19.�
<br /> . Exp�res: - 1� �
<br /> I_
<br /> ❑EXISTING�PROPOSED
<br /> � I C�}�1��1 ir�i:l�1'I LRti��S 64A%.A40RT.AMT.S �-� � YO.MOS. IAA%.IN7:BES i (Sm Ccn. Cortd.-31 �
<br /> �I��proved �
<br /> U.�n9 Arco ;�C 'i on. �'i.�
<br /> INFOFA4ATION
<br /> i �ne estimntee o(iire insumnce, lnxe^.� maintennnee/repairs, F.ent/utilitics and c!oci�C<o::t� a:e Eu:niched :o: r.ort�:�L'�'e's nnd martCaGolc
<br /> in(orm�lion. They may be used to prepo�e F+Hi1 i•orm 2J00. Application io:Ccedit A,,rovul� wY.en a ti .r., conmilment is desired.
<br /> GENERAL COMMITMENT CONDI710N5 i
<br /> 1. :.IASI:fU7d '•fORT,AGE AtiOU\T AND TER�iS-
<br /> (:�) OCCUPANT A10RTGAGORS: Thc mort�uge amount nnd ten 3. CO;.IS;I7\IE\T TER3i: This tomm:lnent shnli expirc SIX A10NTH5
<br /> .-: furth in thc Lcailin� nrc thc m�ximum npproved for this prop• fron tho i::suc dam in thc casc oC :�r. L\ISTI\G 11UUSG or 0��
<br /> ���y a•;su�r,ing n satis(act�ry owncroccupnnt norq,agor. Thc YEAR [rom its datc in Ihe cusc oi PROPOSIiD CO\Sl'RUCTIO\.
<br /> ,aximum nimnint �nd tcrm in lhc he:idinl: m:�y Lc ch:mi eJ dcpcnd• (J'/(�1 clansi�ies u(1 tnscs as cid�cr "I!.1/.ti77�Y(.'• u! "PNU.
<br /> iup, upon I�IIA'-; r:rtinl[ �( Uw borrmvcr. his incomc and <rcJiL ppjl;p" ���r [hc p�..rposc nf dc[crmining v�hcn n curnmibncnt r�-
<br /> (U) NONOCCUPANT h40RTGAGOFS: IC tLc mortg:��or docs noi pires. dcrordin!;ly� u housc, coen d�uugh sfil( undcr coustru:-
<br /> o<cupy thc liuusq tLc law limits thc maximum morlg�gc nmount to (ion, n:ny Gc C�JS.tlficd as an caistins fio;�se if i[ was not approur�
<br /> noe to oxcced 95", o[ thc maximum nmount ��•aitnblc to an cligi- 6y F7lA or VA p«or !o the Gegir.ning of construclinn.J
<br /> Ulc morlg:q;or wlio will occupy lhc house (85;1 0( valuc if Scc.
<br /> ^_03(i) or 2]1). In the case ot nunorcupenl mor.¢�pors, the (irm n CA\CELLATIO\:-This commitment may 6e enncolled !`ler GO
<br /> commilment when �«ucd will red��.e the mort��Ce nmount nnd
<br /> icrms bciow limi stnteJ in tae he�ding, doys from liie datc o( issuance i( con=truciion has noi .lurMd�
<br /> (c) COA1F41TMGNT CHANGES: Thc Commissioncr may, upon rc-
<br /> unless thc mortC�Hec hus �isburscd toan pracceds.
<br /> qui•st �f lhc npproved mortg.�{�cc, ehnn�c thc mort�agc +mount
<br /> nnd tcan sct (ortL in tl�c hcnding. I( thc npplication is accom- 5. PROPLRTY STA\DARDS:-�UI conslmction, mpairs, or nitem-
<br /> panicd by � VA CRV, chnnges wiii bu made only it VA issucs lions proposed in tlie �pplieation or on the Jr�wi�y;s nnd speci(i-
<br /> nn am�•ndmvnt. tatiuns rcturned herew�th, shall e<ryel or excecd We PHd Slini-
<br /> 2. FIRY CO\7'.i1T�dGtiT:-A firm commi�mrnt lo innure n taan wi❑ bc mun :roperty Stand�rds, or thc devialio�s ngrced upon pursu:mt
<br /> issucd u,on reccipl of :m nrN�«<��" for Crcdit Approval, FiIA �o rurposc nnd scopc provisions of Gencr�. R���sion \m 6�d�tcd
<br /> ��omi 2nW, executed bY :��� 'PProved murtea�ee and n Uorrower August, 19G3.
<br /> satisCnclory' lo thc Comn�ssioncr.
<br /> SPECIFIC C011A41TtAENT CONDITION�!:ipplica'u(c a�Lcn t/�eckcdJ
<br /> 1. 1I6Ai.19I AUTIIOP.I1'Y APPROVAL:-8accution oC Form 2573 by b• V A I�SPECTIONS:-Pumish o eopy of a ct�ar VA (���� repon.
<br /> U iSc ifcailh Authority mdic:ding upprovai o[ U�e watcr suPPil' and/
<br /> or sewagc di.v-posal inst�ll�tion Is required. (Approvat b}' lcttcr � pSSURAtiCG OP COSiPLETiOti:-I! lhe rcquired repairs cannot I
<br /> or Iienith dulhority Form may he usedJ � bc cumplete� prior ;o submission o( c�os;n� r�v���s, a Form 2300
<br /> eserow i� thc :.r.nount of 5 (or sueh additiorr.J
<br /> 2. TL•'R\I1TC CON'CFOL:-(�) GXISYIXG IIOUSE-Furnish<cctific..a emoun[ as :lio Icndcr desires) may Ue eslablished ns the ncans
<br /> � (rmu a rccogniacd tcrmilc control oper.tor tiiat tlu Lousc shou�c
<br /> to .:ssuro conpiction.
<br /> no evidenee of nn nclive mrmite inCesb�tion. (b) PRO:OSLDCO\- S� SECTIO\ ^_35 AUTfiOf:I1'Y:
<br /> a :i�is commitmcnt nay 6c eonccrteJ to scct�on 235(i)��p��:�
<br /> S�I.l1CTf0\ - Purnizh oriCin:d nnd lWo eopic5 oC T�nniic $oil � ) � tcceipl o[ nn :.pplic�tion eovcrin� mi cligblc Lorrowcr.
<br /> 'Crcatmcnt Guarunlec GIIA I+onn 2052. _
<br /> C���Ir.�cl :mthonly Cor U�is purpoac I�n:: bc..•n obiif.:'�^�I.
<br /> 3. SUI7D1':ISIO:i RL•'QUIFL'\ItitiTS:-Comp:y wid� Fequirements' (b) O I� cuntr et .uthority is a�•:�ii:�Ule, lhis commitmenl r.�c '
<br /> � 6c convortcd to section 235(i) upon reccipl o( .n ap,l�-
<br /> �a• eation covcrin� M cli7,iblc borrowen
<br /> Irom RcD�rt dated �0f 9• cXPIRATiOS DATE:-The Totai Vnluo stoted aboee is b.'+zd
<br /> Subdivision. a on Vetcr:ms ACminislraUan Certi[icate a( Rcason�ble V��ue,
<br /> caSc nunlbef ��'�«� '
<br /> a• uuu.nrr.•s n�niaxn�•rr�ri,� buiider shnll ezccutu PIIA Porm �v�ardless o( Genural Cummitnent Condilion \umbcr 3� nbovc,
<br /> Q 25i4� i3uilder's R'artanty. ihis eornilment expires on •
<br /> 10. '�) /C„X/� :. ; )�C�Hii: ^'I
<br /> 5. PROPHRTS 1\SPECTIO\S:-�A noticc of tonsWction staWs ICI� Scc Special Conditions \o. ��� � �
<br /> si;:�❑ 6c givcn b)' Porm 2259%r �<«<r or lnlepLonc at thc �`^c ��'��� _
<br /> indiwted bcloa: '•� .�:'. '�=y �' �S� � � � 7� -bclolv or on
<br /> (a,) AJ.f. PIiOPOSEP COASTFUCI'IOS CASL•'S npWched chcct.
<br /> (I J Q At ic:u:l lwn work Jnys be(ore "beginninL' of
<br /> con,truction.'•
<br /> (�.) Q ll'licn thc buildin�is eneloscd� slrucWral framing �
<br /> cumi�ictclY �xp��cd and rou�:Ling-in o!plwnbinl:.
<br /> huatini: �nd cic<uical work inaU�llcd anJ rrsiblc
<br /> (3.) Q When construction complet�d nnd property rcady
<br /> tor occup�ncY.
<br /> (u.) [� RLVAIRS: So���Y I'��� upon comp�clion oC mquircd
<br /> tePain:.
<br /> (c.) � CI:RTIPICA'fL•' OI� COS;PLBTIOS: A ccrtificutc
<br /> staUni; Ihal tl�r mort{:�L'�'c ha�: exnmined the pruposed
<br /> or r��quircd «�pairs nnd th:d lhcy hovc 6ocn sutislnc- I
<br /> t�rily comp.�lad wiil Uc actcptcd. I
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