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<br />J.S. DEFARiNCNi 0( XOVSING �ND UFPA4 �EV[l01'MCNt
<br />fE�ERAL ND'JSING AONIMISiRAl10M
<br />X CONDITIONAI COMMITMENT
<br />FORMORTGAGEINSURANCEUNDER
<br />THE NATIONAL HOUSING ACT
<br />� SFC.707�6� ❑ SEC.
<br />Slir,nan�d b iZ'ibnl'tE� InG.
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<br />iv�rRtt. 1:+�hlnqt,n `'7"�
<br />FM�
<br />C�SE
<br />NO.
<br />2i"+/�G`Irgfni�i ,�va.
<br />Cvrrn_[t, 'rtshingt,n ^' 2�71
<br />ESTIMATED VAWE
<br />OF PROPGRTY . . . S-d
<br />COh1h11I1fU FOII INSUIIANCE
<br />� ,
<br />Is:ued; � % 19
<br />Erdrer. �� � ! : 19
<br />COMMITMENTTERM���3.t'AX�FT�RT.AMI.S�"o"�V NO.MOS.>>�,• MAX.INIEFE51
<br />uran r��, r � r,i.�
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<br />t�r�n0 nroa � (.
<br />INFORMATION
<br />The e�1M�ln ot 8m In�uraneq texn, mainlennnce/n�efre, ficat/ulllllies end daeing eoete ere lumlehed for modgngee'a end moAgngoz'e
<br />In(ortnellon. Thty m�y be u�ed lo prepere FHA Fartn R900, Applle�llonfocCrcd�lApP�n�•nl,e�fien allrmcommlMenll� dnircd.
<br />6ENERAL COMMITMENi CONDITIONS
<br />1. AfAX1�IUTtAtOItTCACF.AAfOUNTANDTF.RAfS-
<br />fn)OCCUPANT MORTGAGORS:-Thc morl�ngc omutmi nnd Ierm
<br />ncl lorlh In ihe hendinq ere tlic mnximum npproved for Ihle ptop•
<br />erly euumina e ealleletlory ow•ncrvottupnnt morlgngor. ThC
<br />mezimum nmount end lerm In Ihe heed�ng moy 6e chnn6ed dcpcnd-
<br />In6 upon pylqy reting af lhe borrower� Ab Income end credlL
<br />(b) NONUCCUPANT MORTGAGORS: -If lhc modgegor dor� not
<br />occupy Ihe house, Ihe Ina llmll� Ihe mealmum morlgege amoun! to
<br />not to exceed BS% of Ihe mexlmum emounl eva0oble to nn ellgl•
<br />Lle mongegor w•F+ w•III occupy ihe Louu (8G% of valuc If Sce
<br />Y09(I) or 421). L> the ceee ol nonoccupen� morlgegon, lhe IIm1
<br />eommilmenl when le�ved alll'edua fhe morigeHe emount end lerm�
<br />belo� IAet �Is�ed In the heeding.
<br />(c)COMMIIMENT CHANbESt-1'he Comml�eloner mey, upon te-
<br />queel ol Ihe npproved mortgngee, che��ge the morlgage amounl nnd
<br />telm �tl forth In Ihe heeding. II We eppllteUon L eccompenled hy
<br />r. VA CRV, chnn�n wlli be mede only If VA lenuef en ammdmeoL
<br />f, FINMCOMMITMEYT:-Aflrmcommllmenllo�murteloenwlilLe
<br />6med upon reQlpl M�n ApD�eellon 1or Crrdll Approvd, FNA Faem
<br />7^00, execuled by u� epproved morlgegee end n borrorver �ellefeclory
<br />to Ihe Cammle�lone[.
<br />9. COrf�fITT11iNTT1:ii�f:-Thlemmmllmenlr.Ldl���������"IY"^•�qU'
<br />lmmlheleeuednlcinlhecasc of nn }g�STW(: IIOUIiI{ or ONE
<br />YEAR Irom Ib dnle In IAC CPBC af PIIOPOSF.D CONSTRUCTION.
<br />(FIlA aloasi/in a(! rnecs ae tW¢r ^EXISTfNG' or TROf'OSED'
<br />�or fh[ purpoee oJ drkrm(Mng �oAan a tan�m!lmont espfrta Accord•
<br />n67Y. a howq even tl,ough �fffl und¢r con.lruc!lan, may b¢ cla+tG
<br />jtcd m nn cr(atinq hovar �7t wm no! ovprovrd by FItA o� VA prior
<br />fo (he 6rgfnnind o/con.+frucffoa)
<br />{, CANCELI.ATION: - 7LL tomml6nmt mey be eancell[d eRer 80
<br />day� lrom lhe date of L�uma 1t ean�IrucUon he� not �tarted, wta�
<br />16c mocigegee ha� d��buned loen proattd�.
<br />& PROPEATY 9TANDARDS: - AII cmulrudlon, tcpalrc, or eilcreUonc
<br />propo�ed In Iha eppllmtlon or on Ihe dra�ing� en2 epttVkeOon�
<br />fetumed hcrewllh� ahall cqutl ar ezceed Ihe FHA Mlnlmum ho{reny
<br />Slnndarde.
<br />SPECIFIC COMMITMENT CONDITIONS (Mpfka6(c�uhcnchcchrd)
<br />1. HEALTH AVTHOAITY APPROVAL:—Execullon ol Foim48T36y
<br />[] lhe He�lth Aulhotib' �dlcdins epprovel of the a•ehr lupply and/
<br />ot �ewqe di�paW Ineteil�llon b reqWred. (Appmval by IeMei
<br />or Hnllh Authodty Form mey be w.ed.)
<br />�. TERMITE CONTAOL:-(a) EXI9TIN0 NOVSB.Pu�nl�h�vUlkate
<br />Q from e reco�nl�ed hrmite conirol openlor thel tAP. 6owe ehaw�
<br />no evldence ol �n �cUve lermlle Infe�tallon. (b) 1'ROMISEU CON-
<br />S7RUC710N • Furnleh oNQl��I �nd txo tople� of Termlte 9011
<br />Trsatmenl Guaren�ee FHA Form 4061
<br />�. SUIIDIVISIOT' AEQUIREi.TENTBs-Comply alUi Itequlremmp
<br />� No. --
<br />fmm Reporl dnled (or_
<br />�. OUILDER'S WAARANTV:-The bu{Idcc ehnll u�sule FIiA Focm
<br />Q ZG44, ItulWerl Nnrrenty.
<br />6. PROPF.RTY INSPF.CTIONS;-A nollm of conelrucllon elelus
<br />rhnll 6e ghen hy Farm 7.^.89X, Ictter or telephonc el lhe Ilme Indl-
<br />ealed belo�v:
<br />(n.) AL4 PROPOSF.0 CONSTAUCTION CASES:
<br />(1.) Q A1 I�net tx�o wotk daye hrfnrc "beglnning at
<br />conetruc�lon.'
<br />(7.) Q N'hcn Ihe bullAlnR �� �^��°+cd, nlrucWrnl hnming
<br />rnmplelrlY tnPnnrd nnd rouRhlnR�ln of plumbinp�
<br />hentlaR nnd dec�dcnl wnrk Inelnlled •md vl.lble.
<br />�3.) O\\'hcl mnstructlan eomplelyd nnd pmprtly rrndy
<br />lor <��ccupnncy.
<br />(b.) �] RCPAIRS: Nallfy FHA upon complednn nt requlrcd
<br />repnire.
<br />(c) � CF:I;TIFICATIi OF COMPI.F.TION: A acrlifiu�le
<br />elatlnR �tnt Ihe morigugce hne enemined Ihe ����o��a
<br />ar �ryulced repnire ond Ihnl Ihey hner. bien enlhfno-
<br />totlly compleled wlll be ecc¢pled.
<br />6. V\IN9PECTIONS:-Furnbh.�op��ored��rvnn��irepnr�.
<br />0
<br />Z ASSUMNCE OF COMCL6TION: If the requircd repeln c�nnot he
<br />❑ tomplNed pdor la �ubmitdan oi tlmin� p�ptn�n Form 2S0a earow
<br />In ILe amaunl otf (or �uch nddlllonnl �mounl
<br />w We lender dedm�) mey Ue trtebl�hcd e� Ihe me�nn la eeeure com-
<br />ptcllon.
<br />E. SELLER'& ACRE6�iLNT AND ESCRON FOR F.RISTINr, ppoPER-
<br />❑ TIES FINANCF.O 11NDER SEC7ION 485 - Seellnn 61 B.
<br />761n commlimenl i� Wued on lhe condlllon Wnl Il lhc matlgnge b lo
<br />Le Inevred under SecOon 736, lhe edler wlll ezttute nn eRrtement lo
<br />rtimhune IIUD far espenen Incurrtd In rcpnldng �IructurM or olher
<br />defttU �vi16 ropeel to ihe propetly 6eing sold. 7'he lorm nf egreemenl
<br />ehe116e prearlbtd by the Secrelnry �nd e edler Mho U not 1hc oarnp�nl
<br />of Ihc property wlll depo�ll 6 peranl of Ihe �ele� pdac In encrow �Ith
<br />the morlgnga In ettordence wllh 1he lerm� of Ihe ngreem<nt.
<br />9. SGC7ION24�
<br />QThI� Commllmtnl It Ieeued under fitNlon___._P��r.�mnl la p�rv
<br />tlon 44�r.
<br />10. COUF. ENFoltCF.h1ENT.
<br />Q Submll n elnlemmt !rom TuLllc AulhnrllY Ihnl Ihe �nh�.�l pm�rly
<br />mecb Code IIequircmenle.
<br />1�• R1iliUIRI:U CF.RTIFICA710N5.
<br />p eiM�i<�� �� IionllnR (� n��n�R n 11amhlnR
<br />�y, EXI'IIIATION DATT: — The To1H VNut Pnlyd nFove I� hnrrd nn
<br />� Volerem Adminlelrnllon C<nIDcnle af ltm�nneble Vnlnq ae�e
<br />number_ �dnlyd__
<br />RcR��dlr�e ot Centt�t Commllmenl Cond�Ilon NumA<r 3, ebove, Ihl�
<br />eommllmenl ezplrc� on
<br />� �.
<br />,�, SM.���i'��1"9�"�Na� 3 �. �� c ) -
<br />��-� �� �a�_i, a �-3 �.,�.����
<br />nunAvd �hrrl.
<br />F�.
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