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' I <br />CONDIIIONAI CO1didllfTlNi <br />!�' FOR IdORTGAGE INSURANCE UND'cR <br />TIiE NATIONAI HOUSING ACT <br />u SFC.107�61 ❑ SFC. <br />AGEE <br />,.,r�.. �:, 1 r• i-n,x�res lnc <br />"�,i., .:.tro�.s ,lvrnue <br />'? '1 ' .. �j�'�1 <br />( ,,�rr;•Lt '�shin9[v�i 9^%OS <br />.�,.. _ . ._... i.i]IPAIC,., <br />COMMITMENT'fERfI�50'iaAX.MOALAMi,S�s /� <br />PROFER7Y PDDi:ESS <br />i ./ ��II'':li�l'� <br />ILV^iC�t� ��:��. .�.��7i1� <br />ESTIMA'ED VALUE <br />OF PROPERTY . . <br />cns[ •� � � - U U _ .% �. <br />NO. <br />COhIMIIMtfai <br />� c � 9 �� <br />I�wed: / <br />E.plres: � �: ^" �� 10' �% <br />IJO.MOS� �� MAX.INiEREST • % <br />ES71MAiE <br />Flre In�.. .. . f__ '� <br />io.es ..... j 1.,�_ <br />Meln. 8 Popalrl 1.�..,1_ <br />Heol L UIIIIIIe1 S� <br />ESiIIAATEO <br />CLOSINC �� � ��, <br />cosi . . . . . S ' <br />:r- <br />. Ef I� %IStING O PROPOSED <br />Grn. Cond.aJ) <br />INFORMATION <br />The cstimnlee af Orc Inturonce. Inxee, m�Intrnnncr/rrp, ire, henl/ulilllicf and eloning eop� orc fumlehed for mongoFee'� end mart6agor9 <br />informnllon. They mny be ueed lo prepnre pp4 Furm 29U0, Appllcntlon for Credil Pnprovel, when e(irm eommltmenl l� deelreJ. <br />GENERAI COMMITMENT CONDITI., IS <br />1. TA1X1T11��I n101tTGAGF. A\IOUNT AND Tf:It�IS- <br />(�)OCCUPANT h10RTG,�GORS:-'I'hc mnrl�;nNc nmuwil nud unn <br />rtl Imth In ILn c�uJlnC ��rc ILe mnxlmmn nppr�rvcJ lar ILIe prup� <br />c��y ns5uming n snlislntl��q� a�cncr-accupnnl morigngur. 'fhc <br />maxlmum nmounl m�d lenn in Ihe hrndlnF ���ny 6e ehnngN Jeyend� <br />hi� upon 1'ilA's rMinR �f ihc Larrax-cr. hla Incomc nnd « tJ11. <br />(b)NONOCCUPANTMORTGAGORS: —lflhemnd;ogordncsnnl <br />occvpg ILc hmitc, Ihc Inx' Ihnils thc mnximvm nmdgnFc nmaunl lo <br />not to excccd 8�ib of thc mnslmum amount m•nilnblc la m cll�l• <br />ble morlFngor who uill occupy ihe houee (BS% of velae If Sec. <br />203p) or 421). in Ihe cnac of nonoccupvnl mon6n¢ore, Ihc Ilrm <br />rnmmitmenl when Issucd w�lll reduce Ihe morlgnge nmaunt and lerme <br />6elow ILnI el�led hi Ihc hending. <br />(c)COMIdITMENTCHANGF.S:-Thn Commlesloner moy, vpon re� <br />qucsl af Ihe opP���Td marlgagce, ehanFe Ihe motl5nge nmount nnd <br />Icrta scl lnrth In Ihe nendinF. If thc eppllenlinn b aaompoNed by <br />n\'A Cii\', dmnQcs x911 6e mnde only If \'A Iseuce on omendment. <br />2, P11IAI CO�1n11T\f GNT: —A flrm tommllmenl ln Insure o lonn e91I 6c <br />bsueJ upnn rcccipl of nn Applienllon tor Cmdll Approvnl, PIIA Form <br />2900, eueculed by nn npprored mongngee and n borraacr enllsfnclory <br />Io thc Commissloner. <br />�, C011T1I'1'\fliYTl'I;lt\i:—ThleeommllmenlehNlrxplm5l%1dON1115 <br />Gnin �Le Iv+ne Jnlr hi lhe cxee ul nn F:%IS'I'Ih;f. 110UtiG �rt ONE <br />YEAR trom Ite Jolc In tl�c cnec of i'HUCOSIiU COtiS'fItUCT1uN. <br />(F'Ifii [Insei/ies ntl mste ne rilhrr 'EXIST!!�'G' ar 'PROfOSED' <br />/or �nr ��.�os� o/ drtrrmininF �hrn n oommilmmf crpi�n. dornrd• <br />fngis, n haa�4 eurn (hough e(ill und<r�eonafruUion, maj br dne.�i• <br />/iM m nn r<isfin� houee yi( maa naf approued by FI{A or VA prior <br />fa (he 6rginntnR oJcorutruclion.) <br />4, CANCF.LLATION: - 7hle comnitmrnl may 6e caMclleJ eficr GO <br />dnye trom the dule of Iseuence if cone��+n�on he� mt �ler�ed, uniees <br />Ne marlgegee has dl�burrd loen pwaad�. <br />6. PROPIiIlTY STANI)AlIDS: - NI conFlruttlon, mpolre, or allerntlon� <br />proposeJ In lhe nppllcatlan or on lhe dtea•InR� and epecl0cellon� <br />returnrd hcrewlth, ehall equel ar exc<ed tho FIiA hflnimum Prcyerly <br />Standnrde. <br />SPECIFICCOMMITMENTCONDITIONS (APP7icablewhrnchedardJ <br />1. IIIiALTII AUTF[OIliTY ACPFOVAL:-gxecullon uf Form.Si�by <br />L the licallh Aulhodly Indlcnting npprovnl of Ihe wnlcr nupply end/ <br />or fewnge disposal Inelellntion 1� rrqulred. (Appruvel by leller <br />or Henllh Aulhodiy Form mny be ueed. � <br />2, TF.ilnii'PI:CO\TIt01:-(n)IiS15'fIKGItOUSF,-Furnlshcedificale <br />L� froin n rtmGNacd tennllc eontrol operalor IhM lLc hnusc rhoa•a <br />m cvidcnae ot an aclke tennHe Infcetnlioa (h) P{lOPO51iU CUN• <br />SlItUC'CION • Sunilsh od6���o� nnd M•o coplce of Termlte Soll <br />Trwlmenl Gunrnnlcc PIIA Form 2052. <br />SUUDIVISION RtiqUiRE�iF.NTS:-Comply with Requlremenle <br />❑ Nn. <br />frnm llcpurl dnteJ for <br />4. ❑UILDI:ICS NAflRANTY:-The bulldcr ehnll ezecule FIIA Form <br />C' 2•u44� 13ulldcr'� P..umnly. <br />G. PIlOPIiRTY INSPP:CTIONS:-A noUre of cnnelmclion elalue <br />ehvll l�c F��'en by F'orm Z289X, lelte� or Iclephone al lho Ilme Ind4 <br /><eled bNoa�: <br />(a ) ALL PROPOSF.P fONSTIlUCT101 CASF.S: <br />Q.) O AI iensl Iwo wo�k dnye Lclme "be6lnnlnF of <br />mnelruelian." <br />(b.) <br />(c. ) <br />(2,) Q 11'hen �he b�ildinp Is enclo�eJ, Rlmelurnl f�nminq <br />eomplelely anpas�.d nnd wu�;h{nq�in ol plumbing, <br />heatln6 nnd declricnl work In+inlled nnJ vix161e. <br />(�.) �\Chen comtructlon completed and properly rendy <br />fnr occupanry. <br />� IU>I'N1i5: NoIIW F'lIA upon complcllon af �tqaUcd <br />,\ rcpairF. <br />� CIiItTIPICATF: OF CO\1PL}:�'�p��: p ccrtlf¢ole <br />slnting ILnI Ihc monRogre hne e�nmineJ Ihc proP�sed <br />or rrqulred repoln nnJ Ihnl Ihey hnve Ften wtlefnc• <br />inrlly compieled x�!II be nerrnp�ed. <br />i �'�. �h\ 1NSPF.CTIONS:-Furnleh e capy ol e elcer PA Ilnel �eporl. <br />I I _� <br />FI. <br />7. ASSUMNCP OF' COEiCI,F.T10N:-lf Ihe requlrcd repnlre cnnnot 6e <br />Q eompleled pdar lo evbmi�elon ef cloeink' pepen,e Form P300 nemr <br />h� Ihe emounl n(s (or �uch eddlllonnl emaunl <br />os 1he lendtr dielre�) mey be ntebllehed n� the meem lo u�urt com• <br />pletlon. <br />B. SELLF.ICS AGilLF.A1F.NT AND F.SCIlON FOti EXISTI1vG PROPF.R� <br />❑ TIF,S FWANC};p UNI]IiIlStiCTION 47b • Eectlon G18. <br />Thle commlimenl le I�eued on ILe mndltlon lhel 0 Ihe marlRege Ie to <br />be Ineurcd under Secllon R85, Ihr reller alll ezecule nn ngreement lo <br />relmLuree HUD 1or expeneee Ine�rred In repnldng etrueturel or olher <br />defrcte vlih aepttl lo the property 6elnq eoli The fonn of egreemenl <br />eLnll be p¢�crihrd hy Ihe Secrelnry end n seller vho le nol lhe oieupenl <br />o� m� �r�„�r�y �w a�poai 6 peranl of the �nln prlcc In e�cmw rllh <br />Ihe mmlR�Rre In ncmrdnnce e91h Ihe lerm� o( Ue �grtemml. <br />D. SF.CTION 1Pa <br />� Thb Commllment � luued under Seellan I'ur�u�nl lo Stc <br />tlan 223e. <br />10. COOC tiNFaItCl:fi1F.NT. <br />� fivbmlt e�Intement (mm Publle Aulhorlly Ih�l Iht mbfM ympeOy <br />meeb Cade RepulraneN�. <br />ll. REQUIRFU CF.RTIFICATIONS. <br />QM:lectdcel QIIes11nH ❑RooMe O�lumbing <br />14. E%I'i11AT10N DATl:: - The Talel Vxlue �Ia1eJ abore Y 6e�ed on <br />� Veteran� Adminl�lretlon Cer110ate of ftremne6le Velue, eeee <br />number , deled - -� <br />IIegerdla� of f,encrel Commltmenl Con.ltlon Numbar �� �bovq thl� <br />commllmenl aplre� on <br />7 <br />Stt �peclnl cnndlllam Na. <br />or an <br />elludmA dircl. <br />��ic-i� -i3 -�7- ai- �l �-�2 -23 <br />��f-��� y`/-O -C� C�-`�UD <br />, ., , . , , � , . , �, „ „�,,,���„ „ � ,_, �„ .,,,.,,' <br />