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<br /> CASE � ' � .� -� �� �� �
<br /> _ � FEDEP�iMOULHG�DMiHi5iF4iipH NO � �
<br /> {j ' CONDITIONA(. COMMITMFNT . � PROPERTY ADDRE55
<br /> �� �OR MORTGAGE INSURANCE UNDER ��%�� �'Ci��:�C AVCI!r
<br /> THE NATIONAL HOUSING ACT IiVCI'Ci�� ;'.:SI'II1ytJf1. „�.:G�
<br /> �SEC.20](b) � SEC.
<br /> ' MORTGAGEE
<br /> E5TIIAATE OF VALUE AND MOHTMLY E%PENSE—
<br /> CLOSING COSTS �STIMATE
<br /> F�.� i�.... . s° �
<br /> I """^ "'�`-"^� VALUE OF PROPERTYS //, /•!r
<br /> �i_.. :. ...:.::....c �'..;:-'."',t�� �
<br /> ' Ta�es.. . .. S %5
<br /> � :'.i). ..U:: . Closln9Cos�s .. . . . ... s. ,5% Ma�n.6Revain 3 '��
<br /> � r�^. TOTAL(Fnr hl�rtgnr.e J/
<br /> j L'1��::�r• i. i:�J::;�iOti �.i..v'7 ln.��nnnce !'�rnn�e./...E�/� ' C� Hea�6W�G�le� 1
<br /> � APPROYED FOR COMMITMENT �OMMITMENT
<br /> I
<br /> I � . Issued: 3 ' 'J 197�
<br /> iE.pi.ea:'� -'J 197
<br /> COMMITMENT TCRMS MA%.MORT.AMT,f �a; '7 i(/ �E%ISTINGQ PROPOSED
<br /> � NO.MOS. � MA%.INTEREST 7,
<br /> (Sc< Cen. Cnnd.#31
<br /> Imo�ored
<br /> INFORMATION U.�na n�m ;�C� �/� Se, F�.
<br /> The catimates of fire insurante, �axes, mnintene��e/repa(ra, hex(/utilities and closin�eosta ere fumished (or mortR^gce•s nnd mor(gegoPt
<br /> in(armntion. They moy be used lo prepn�e FI{p Fortn 2900. Application for Credil Apprevel� whert e [irm tommitment ie deatred.
<br /> GENERAL COMMITMENT CONDITIONS
<br /> 1• h1AXiS1U5f MORTGAGE A�SOUNT A;1D TER\iS -
<br /> (n) OCCUPANT MORTGAGORS: The mortr.aGe amount nnd term 3. COMAifTAiEtiT TFRM: This commilment shnll expire SIX MONTHS
<br /> set forlh in thc hending arc thc mnximum npproved for lhis p�op• fram thc jSFOC dntc in the tasc of en GXISTING IIOUSC or ONE
<br /> crty assuming a setisfnclory owncr•occupo�� mortgngor, The YEAR from its dale in the cnse of PROP056D COKSTRUCTIOti,
<br /> maximum emount and term in the hc.ding may be ehan�,ed depend-
<br /> ing upon PIIA's rating of the borrower, his ineome and erediL ���NA clnssifies nl( cases os ci�her "f:,l'ISTL1'C" or "pltp-
<br /> !'OSF.D" for the purpose a/ determining tulien n commilmen( ra-
<br /> (b) NONOCCUPANT MORTGAGORS: If Ihe morl{�agor does mt pires. Acrordingh�, n house, eucn lhm�gh s�ilf nnAer consnuc-
<br /> occupy the house, Ihc law Iimits Ihe meximum mortCnge amount (o ((on, mny Gc cfnsaificd ns an exis�ing housr i�if mns no[ nppraucd
<br /> not to exceed 85ie of the mazimum nmounl availnble (o an eligi- by F(lA or VA prici to the 6eginning of cans(ruction./
<br /> ble mart�ngor who wiil occupy (hc house (85ie of vaiuc if Sec.
<br /> 203(i) or 221). In the cosc of nanoccupon( mortgagors� thc firm
<br /> commitment when issued wi❑ rcduce the mortgege emount end '�• CAtiCELLATION:-This commilment mey be cnncelied of(er (p
<br /> tertns beluw Ihat s�n�ed in thc heading. doys (rom the dote o( issunnce if con�tmclion hxe mt elarled�
<br /> (c) COMMITMENT CHANGES: The Commissioner mny, upon re- unless the mongegee hes disbursed lonn procecds,
<br /> quesl o( Ihe npproved mor�Cagce, chenge lhc morl�nge emount
<br /> und tertn sel forth in the heeding, If �he app��cation is eccom• $, pROPGRTY STANDARDS:-All tonslruction, repairs, or allera-
<br /> pnmed by a VA CRV, changes wiil bc mede only i( VA issue.
<br /> an amendment. tions proposed in ihe applice(��� or on (he drn�vin�s nnd specifi-
<br /> �. FIHSt CO\fAllT6fE\T:-A firm commilmenl lo insure n loan wi❑ be cntions rclurneA her��wilh, shep equel or excced Ihe FHA Mini-
<br /> issued upon receipt of un AnP�����ion for Credi( Approvai, i�liA mum Property Stendards, or the devielion� egrced upon pursunnt
<br /> Form 2900, executed by an npproved mortgngee end e borrower lo purpose �nd acope provlsione oC Genetai Revieion No. 6,daled
<br /> se6sfectary to the Commissioner. pugus{, �968.
<br /> SPECIFIC COMPdTMENT CONDITIONS(.Ipp7ic��Lle i��hen checkedJ
<br /> �1• ❑EALTH AUTIiORITY APPROVAL:-Gxewtion of Form 2573 bv 6. VA IKSPECTIONS:-Fumish e copy o( � cleer VA finel reporl.
<br /> the Iicnitn Aulhorily indic�ting epp�ovai ot 1hc wo(cr suppl7• , nd/
<br /> or sewage disposnl insWllatlon is required. (Approve� by Iclter O
<br /> or ilcelth Aulhority Form moy 6e useJ.) �• nSSURANCF OF COMPLE:ION:-If Ihe requlred reryalrs eannoi
<br /> Q be complen d prior lo suLmisalon of cioeing pnpers, n Form 23�-0
<br /> �2• TL•RMITE CONTROL:-(n) GXISTI�G HOUSE- Furnish certificnle emuu t es the Icnder�desf es) mey be ealeblisheduae� the meent
<br /> from a recognized termite contml operator lha( the house shows to essure completion.
<br /> no evidence o(en ec(ivc tcrmite infestalion. (b) pROPOSGDCON- 8� SECYION %.35 AUTIIORITY:
<br /> STRUCTION - Furnish ori�innl nnd two copies oC '('ertni(e Soil (e) Q This commilment mny be converted to secllon I35(1)upon
<br /> Trcnlment Gunrenlee �IIA Form 2052. receip� o( en epplicolio� covering nn eligible borrower.
<br /> 3. SU[3DIVISION REQUIRE\18tiT5:-Camp1Y �+�th Requircments Contract nuthodly (or this purpose hes becn oblignled.
<br /> O (b) Q If <ontrxcl nuthori(y is evoilnble� (hla commilmenl mny
<br /> hO• be converled to section 235(q upan rccelpl of en npp�i.
<br /> trum Report de�ed �o� cotfon caeerinq an ellgible bormwer.
<br /> Subdiviaion. 9' EXPIRATION DATE:-Thc Tolnl Vnlue slated n6ovc Is beseJ
<br /> [] un Veterans Administnlfon Certificcte af Reasonabie Vnluc,
<br /> '�• 13UILDIiR'S WARRARTY:-The builder ehnll exeeute FIIA Porm °Ase number ,dnted
<br /> O 2544, Duilder's Wn'ranly. Regard�ess a( Gencral Commllment Condilfon Number 3� ebove,
<br /> this commitment expirea on
<br /> 5. PROPi?FTY INSPBCTIOtiS;-A notice oC conslmciion staWs 10 •Z.o,j�
<br /> shail br. givep by Form 2289R� Ictter or tclephonc a( �he time �See epeclel conditione No. J3��� IC�.1/�J3�)J� j� '=='
<br /> indiceted bclow: C�G/ �n i "t �:
<br /> (e.) ALL PROPOSED CGNSTRUCTIOY CASES: ' � below or on
<br /> eltached ahce6
<br /> (1.) Q Al Icast two work dnys beforc "6eginninq of
<br /> conslmclion,"
<br /> (2.) Q N'hen the 6uilding is enciosed, sUucWre! framing
<br /> cumpicicly expused nnd roughing•in of plumbin�,
<br /> heating m�d eleclricnl work instnlied nndvisibie
<br /> (3.) [� 0.'hen conslmclion compieted nnd property ready
<br /> fn� occupancy.
<br /> (b.) [� iert�nir.s: houry r•iin upon compictian oC required
<br /> rr.pnirs,
<br /> (e•) O CI[Ie7•1P1CAT6 OP CO\1PL6TIOY: A ccrtificate
<br /> s1a��n�; lha� Ihe mortgogee hns exnmined the propazed
<br /> or required repairs end that thcy heve been setie(ec- '
<br /> tonly campleted will be accepted. ,
<br /> ' /�> �'. i_ ...�/_/ri.I/._..J/. -� / J,J J
<br /> A ✓.i! l���i.-r�„+�- _
<br /> �i li�:�-„-f_ / .`, //�.-,.�,�
<br /> � �/
<br /> i�
<br /> .,- F�eM N0, 1800•5 Rev. 1/]0 ' � SEN010 MORIOAOEE AAEA A{IINOAIZFO AOENt SIONf
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