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<br />U,S,DEPARIMPIT Or HOUSING AND URBAN DEVELOPME117 CASE
<br />I{ _rLDERAL NOUSING ACMII+IS1RA110N
<br />ZCN.)ITIGNAL COMMITMENT
<br />F L'3,:cdTGAGE INSURANC ta'. UNDCR
<br />„'.c NAT IGNAL HOUSINU AC7
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<br />'ROPERTY ADORE55
<br />y dcrottp llautAntf$nn �,(JIL�i/ltiL•L,
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<br />ESTIMATE OF VALUE AND MON711LY E1 �ENS.:- I
<br />CLOS114G COSTS
<br />VALUE OF PROFERTYS /
<br />Cle Aina Cm'A ..... .. 3
<br />TOTAL W,,, V.algmk'
<br />fn nnn,vr I'unn,rc.1...1� -
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<br />3, COMMITMENT TERM: This cornmilm,,nt shall expire SIX
<br />troll the issue date In the case of an EXISTING HCiSH YEAR from its date In the case of PROPOSED COSS'�N(A
<br />(FRA classifies all eases as either "F..\'ISTINW' "i' L- i
<br />Posen" for the purpase of determining
<br />pikes. Accordingly, a house, even thaugF.
<br />'io01.
<br />n, may 6r. classified as an eci cling house :'j it lout n,.t u,�p: artl.
<br />by Fl1A or NA prior to the beginning of eunshac:iarl.) �
<br />vice v:ni Recopy the house (055, of value If Sec.
<br />:n the case of nonoccupant morlgaggrs, the firm
<br />CC=....c. :sued will reduce the mortgage amount and A. CANCELLA,r ION: -This commltmerit may be c:meellod ..!ter tit)
<br />tc.-,s L_ .. ..._, ,.:.•d in the heading. _ days from the date of issuance if construction has far Gm:and,
<br />C" 7t.Z.-IT CHANGES: The Commissioner may, upon re- unless the mortgagee has disbursed loon proteedn.
<br />9ucst :. ... :.?,r^:over mortgagee, change the morlgcge. )+yiount
<br />a.. _ `. in ile heading. If the application Is accom: S. PROPERTY STANDARDS: -All construction, repairs, or oltt•ra-
<br />,,.n'_.:,: CRV, chances will be made only If VA,issues lions proposed In the application or on the drawings and spreifi-
<br />eolions returned herewith, shall equal or extend the FliA
<br />F:,!:.: LC; .:.-i\T:-A firm commitment to insure a loan will be mum Property Standards, or the drvia liunr. agreed upon p,ll:u:.ua
<br />Issued - :pt of :in Application for Credit Approval, FIIA
<br />•� For., = c;._cu:eS by an approved moilgngee and a borrower to purpose and scope provisions of General Revision No.
<br />.;tc Hem mssioner. Aul•,uat, 1900.
<br />SPCCIFIC COMMITMENT CONDITIONS (Applicable whrn el rehed)
<br />ESTIMA7E
<br />Fire If,. 5
<br />vain._- R.t.;'. S_I
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<br />He—erg—UN111,.,
<br />CGrI IMIT•N:.i7
<br />Expire Ak 19
<br />.)_._ E%ISTINL,, PFJ?Osti
<br />._.::i" NO,MOS._I
<br />--MAX. INTEREST i5n•o r., . ,.
<br />- INFORMATION
<br />.The es„:....._. s..,,a ianuranec, taxes, mainlenauce/repairs, heal/utilities and closing coals ore furnished for mortga gels an,!
<br />Liformadcn. Ti-, may be used to prepare FIiA Form 2900. Application for Credit Approval, when n finn commitment is desire.!.
<br />GENERAL COMMITMENT CONDITIONS
<br />AMOUNT AND TERMS -
<br />(.) PORTGAGORS: The mortgage amount fnd term
<br />...a head:ny are the maximum approved for this prop•
<br />a satisfactory owner -occupant mortgagor. The
<br />aid term in the heading may be changed depend-
<br />! lnT _ 7 :/.'s :acing of the borrower, his income and credit.
<br />"'J?,.ST MORTGAGORS: If the mortgagor does not
<br />-t::c low limits the mnximum mortgage amount to
<br />.0 c..__-a SSi. of the maximltm amount available to nn eligi-
<br />..J'=:iJ21TY APPROVAL: -Execution of Form 2573 by
<br />the lies:::. A_:::e:ity indicating approval of the water supply and/
<br />or Nc wo,. ' :; csn: :rstn:fiticn is required. (Approval by letter
<br />or Hca::i. c,.uthonty Form may be nscd.)
<br />2. TER:4.TZ CCNT30Lr(a) EXISTING HOUSE - Furnish certificate
<br />J L-cm a :_- -!zed termite control operator that the house shows
<br />no cvi:!e :a cf as cctivc termite infestation. (b) PROPOSED CON'-
<br />• STii is :.'--:; • ?cnish oriuinal And nvo topics of Termite ,Soil
<br />Tr,a: �,a; G_...ar-tce FHA Form 2052.
<br />3. SUHD:V:SIGN REQUIREMENTS: -Comply with Requirements
<br />No.
<br />I. from Report "led for _
<br />Subdivision.
<br />4 '•PA .EANTY:-The builder shall execute FIFA Form
<br />25.;;, :......._r's ttaranty.
<br />S• PRG?<::': 'i ::;5?ECT:ONS:-A notice of hens Wetion sl:rlus
<br />y Ferro 2289X, feller of teluphone at the lime
<br />•d', :'.i•,lA CISN;PI'Rllt: flU ti LWIFS:
<br />r __i Al :cant two work days before "beginnhgS of
<br />1 constractlon."
<br />S ,) Vlhan the building is enclosed, structural homing
<br />completely exposed and roughing -in of plumbing,
<br />heat:ng and electrical work installed and visible
<br />When Construction complated and property ready
<br />/ for occupancy.
<br />r (b.) is PA1R5: Notify FIFA upon completion of required
<br />Cr-n'i::'!CATE OF CO\tPLETION: A certificate
<br />ix ..:aura p, k::al the mort; ogee has examined flee proposed
<br />i :r r,caired repairs and tint they have been anlinfnc-
<br />'.c:.:y completed will be accepted.
<br />6- VA INSPECTIONS; -Furnish a copy of a clu.,r VA final rc;.. m. I
<br />7. ASSURANCE Olr COMPLEVION;- If the required nip., i:> ,.,::nit,
<br />[] he completed prior to submission of closinc poper:., .. , ar:a _mJL
<br />escrow in the amount of $ for ::ue!t ......:;:one: j
<br />amount as the leader desires) m••y be esL:Slis:m :.ta tno :.min,; I
<br />to assum completion.
<br />S. SECTION 235 AUTHORITY:
<br />(a) M This commitment may be converted to sectiu::
<br />receipt of as application covering all
<br />Contract authority for this purpose has icon .;1.::,;•
<br />(b) Q If conlruet authority is available, this eommitr'aer.t'
<br />be converted to section 235(i) upon receipt of an :,pp: i• j
<br />cntion covering an eligible borruwcr.
<br />9• EXPIRATION DATE: -The Total Value staled above is bns.•,I
<br />[, on Veterans Administration Certificate of Roadembly \".,luo,l
<br />else number rdated,._. _. _. _,•I
<br />Pegedicsa of General Commitment Condlltun Nun:bur
<br />thin commitment expires
<br />10.
<br />See special conditions No,
<br />alha'lunl dllanl.�[7�/f� ;L,fJ/' •.} so
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