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• j .1b ?7 �3?, (:00.�'Q . LY ` ' �j ' UMB Vo aa���+ <br />FHA MORT�A0.e rvo, FNa <br />,+�a O.i. OEPIdiM'M OF NOUSInG aY0 JRBAY �ivEIOPUE.Y� <br />�-U?�. 1:4� :� �EOEriALHCII:i�YGaCLI.ViSiP��10'1 NOSE . • �• " ! � � <br />� CONDIiIONAICOMMITMENT PlOPE1TYAUDiE55 �6ou� cyuy <br />/ FORMORTGAGEINSURANCEUNDER <br />THE tJATIONAI HOUSIf�G ACT SiZi $I�it A7lp�y� ,�K[� y{=� <br />�SEC.207�6) USEC. <br />aiaa.�:.s a�a�nc�,c= .cro�os,uii� <br />�.o. �t �s�so <br />Srtti�, Va. S1II12S <br />COMMIiMEN�l�px. Moni. <br />ESTIMATED V�AIUE <br />OF PROPEBTY . . <br />7 <br />�ed: ��' �( 197! . <br />Ircu %f , - �� 19 ) �� <br />MOS.<S:.V_MAX. INTEREST -i � ' y, <br />7. MONtNLY E%FENSE <br />Fire In� ...... 5_ <br />lazas . . $_ <br />Condo.Com.Eap. S— <br />Main.BRapalrt i_ <br />lieal BUIllili�s f_ <br />ESTIMATF� <br />CLOSING <br />c�n <br />INFORMATION � <br />Tte e�llmata of lf�e Imurance, tazea, malntmance/repairti bcayuutlun and daloe cost� are fumiahed for moAgagmY md mottgagoY� <br />lntormalioa They mey he uud to prepare FHA Farm 2900,AppllcaltontorCrcdllApproval,wLennfumcommiUncntla daired. <br />GENERAL COMMITMENT CON�ITION5 <br />1. 2.fAJCIMU\I MORTGAGE AhfOUNT AND TERAIS • <br />(a)OCCUPANTMORTOAGORSrThe mortRoee amouol nndte�m <br />ael forth In Ihe 6eadlnR a+e 1hc maslmum eppmved for I1W prop� <br />erty aauming a enUafnclory owneo-oavp�nt mortgagor. The <br />mazimum amouat and tem� in Wa hesding may be cLanged depend• <br />Ing upon FHA•a ratipg o( the harrow<q hi� lncome And cttdiL <br />(b) NONOCCUPANT MORT6AGOR5: —I! Ihe morlgegur don aot <br />o<Npy lAe howq Ne ]aw Ilmltn lhe muLnum mortgage amount b <br />not to ezceed 85% of the mulmum nmouW nvellahle to rn ellgl• <br />ble mortgapor �rho wW occupy iL� yauoe (&$ a of Yalue U Sec. <br />2o9(i) or 221). � �ye cue a( aanoavDaol monas8on, 1Le ll+m <br />commliment when ivuM wW rtdutt Q1e morlRage amounl Bud t![n1! <br />below thal ataled In Ihe Eeading. <br />(c)COMMITMENTCHAN6E5:-7'6e Commla�ioner may, upon �e• <br />qunt of �he approved martgagee, c6ange 16e morlgage emount end <br />term eet forth In Ihe hesding, If Ihe epplltaUon la attrompen4d by <br />a V.1 CRV, change� wql be made oniy ll VA k�uee M ummdmcut <br />2. FIR�f CO�I\tITD1F.NT:—AltrmcommltmenlbimumnlaaowWAe <br />Iseued upon realpt of an Appllcallon lor Crtdlt ApProvel, FHA Faxat <br />2900, executed by an approved mortgagee nnd a borrorer entlsfeclory <br />!o Ihe CommOaioner. <br />J, CO\LIIITAtENTTERI�L•-1'bLicommltmmishallapin5{7(MONTHS <br />framthelaeuedaklnlheeue at nn EX[STIhG H�lJS& or ONE <br />fEAR from lu dete !n the caie M PROPOSED CON6TEUCTIOY. <br />(FNA cfass�n n4 caau w eithu EYIS7ING• or •PROPOSED' <br />jor Nt purpoae o/ deferm/ning mhut a commtim�nt uplrea Accord- <br />fngfy, a hauar, eum lhough atil! wider conatnution, mtq be elossL <br />fird m an ecis4ng howe {�!t mm not approurd by FXA or YA prfar <br />!o Ne br8�+ntng �(cansWeXon.) <br />4, CANCELLATION: — TLia commllmmt mey be cauttlltd aRec 60 <br />dqy� &om Ihe date af Lvueaq 1f coml�ucUon bw eoi ata[ted, unleas <br />the mortgngec Em d�buned loan proaede. <br />S. PROPERI'Y SY.WDARDg: — pll cosicuctloa repetn, or alteratlum <br />prupaec�f ln iLe appllmtloa or on IAe dnxfnga and epedllcaLLone <br />reNmed LerewtW, shall equal or �ceed Ihe FHA T[Inlmum Pcoperty <br />Standarde. <br />SPECIfICCOMMITMENTCONDITIONS (Appl&¢bfewhmcheekedj <br />1. FiEALTA AUTHORII'P APPROVAL:—Ezecutlon af Form 2o78by <br />Q the Henllh Aulhoclty Indlaling �pproval o( �he wnler aupply and( <br />or sewngc dbpowl lattallallon b required. (Apprwal 6y 1¢11er <br />ur Heellh Autharlty Fam may be u�ed.) <br />2. 'CEAJIITECOYTROL:—(a)E�ISTINGHOUSI:-FumlahcerWkalc <br />Q (rom a iecognlzcd �ennite mnlrol operabr Ihul lhe honee ehmva <br />no eviden<e o( an ncUve lermllc INeetallon, (b) YROPOSED CON- <br />57RliCT10�1 • Fumlah orlginal md iwo coplea o[ Termlte Soll <br />Treatmmt Guacantee FHA Fc.m 2054. <br />:4. SU➢DIVISIOY REQUTAEMENTS:—Comply wlth A�qulmmenb <br />� I�o. <br />from Report dated for _,_ <br />SuDdivlaloa <br />4. DUILDER'S {YARRANTY;—The Aullder ehalt crecut. F1fA So�m <br />Q 25JJ, Duilder9 Narmnty. <br />�. ?IIOPEATY INSPECTIONS:—A nollcc af conalrucllon s4ztue <br />ehall 6e given by Form RP89X, Icucr ar telephonc nt lhc Ilmc Indl• <br />cated 6elow: <br />(a.) ALL PNUPOSF.D CO?15TRUCTIO?1 CASES: <br />(1.) � Al lenel Iwo work daye hefore "6eginning o( <br />consiruction.' <br />(?.) � R'hen the building if encloeed, strvclural framing <br />mapleleiy expoeed and raughinqdn of pl�mbing, <br />:.::ne aed einLieni wo.k ;nstall.d nuJ vixieie <br />(J.) � lYhen cunsuucUan completed and pcopetly ready <br />1 for occapancy. <br />(b.) � RF.PAIRS: Notify FHA upnn complellon of requtred <br />repairs. <br />(c.� Q CF.RTIFICATE OF CO\1PLF:TION: A ccrlificate <br />slating Ihat �he mortgagee hes ex�mir.ed Ihe propwed <br />or requfred repaln and Ihol Ihcy have been salieta<• <br />todly comFl���ed wlll be nc¢pled. <br />f. VA IYSPF.CT1045:—FumUh n copy oI e Ater VA (Inel repon. <br />� <br />r�.. �.r.}�qt Np p3C0-5 Rev. fiqJ <br />7. ASSVIiAP10E OF CObIPLETTON:—If Ihe mqWnd rzpain cannol Le <br />p Compleled Prlor to auSmlulon ot cloeing pnpen,a Fortn 2900 e�cra.v <br />lo �e umount ofS (or euch eddilfonal nmounl <br />ai 3e ]endec dniio) IDty be alaulhhed u Iht mew to assurt com- <br />pletlon <br />8. STLLER'S AGREE\fENT A:ID ESCAOt7 FOR EXISTING PROPER• <br />❑ TI i5 FIICANCED UND�R SECTIOY 40u - Sectlon 618. <br />7hLf mmmltmenl �f 6aued on IL< candltlon thel V ihe morlgage b lo <br />be la�ured under SM1ou 235, the uller wlll uecute an egrtemenl to <br />retmburse IiUD for upmen lncurrrd 1n tepnlAag �Lyctunl or oNer <br />defecle with taped lo Ihe properFj being eold. The lorm af epreemml <br />ehull Ee pruvl6M hy Ide Seerztary nnd a xller who ia mt the acup�nl <br />at ihe Proputy eW depoall 5 peran� of the asle' phe In eecrow vltb <br />the motlgaRK �o n¢ortlancc wllh the termf ot Ne egreemmL <br />9. SECTiON221 <br />�_,] Thle Cow�Ntmmt if hmr: undet Sectfoe__Nnunnl ta Seo <br />llon 423e. <br />]0. COUE ENFORCF..ISE\T. <br />Q Submit a eletemmt from 1Lhllc Autho�lly Ihsl the eubJM pmperry <br />nmla Code Hequlmmmb. <br />11. REQUI12E0 CERTIFICATIO;IS. <br />� Electticnl � Heating Q Raoling QFlumbinq <br />�2, EXPIAATIOV DATE: — The Tah1 Veiue ented nbave b bertd nn <br />� Celerm� Adminlatrotlan Certlflc�te of Aeuonable Vnlue, cue <br />Regerdle�� of Cenenl Commilmmt Caodltlon Numbee 3, ebove, WL <br />comm11mm1 ezpim on <br />� 7 <br />SK )pld9�FO�d:tlOQ� }�'O. <br />�/G- i�i � :� � / ,' i 71 ����S�h �F� �i1 � � —��� below ot on <br />attached eheeL � � � <br />SEND 70 MORTGAGE° APTZA AUTHOPIZEO AUEYT SIGNp <br />