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' CONDRIOVAICOMhlIi�hEN"
<br />� F061.10i;TGAGc INSUR.:NCE U�•PER
<br />I THE NATIONAL HGUS�NG AQ
<br />U SFG.1WIb� `� SCC.
<br />� lAORiGAG[E
<br />¢
<br />COAthSIT7dENTTC-RL55 n+nx.raoar.
<br />{EUirvd��m. .�.�,..i�.idAiuG � NOSI
<br />PROPER7Y A004E55
<br />. ��- ..._ ..
<br />�•::'(. _Z� � , _ ....
<br />7. MONiIiIY E%PENSE ESiIMNt i
<br />ESTI;;�ATED VALUE i r. , i y...... i '.,
<br />OF ?ROi'EBTY . . . $ --, w.�. ....... S �.
<br />COM7.51RE� FOR INSI'�.ANCC Condo.Com.E�p. $ _
<br />. . � . ia�,��.zr.:��„: 4 �_:�._-- �.
<br />� _ . � . � .. . ri��,i a m��Ur,,, 5---- �
<br />COldhlliMENi ' ESiIFVdED .
<br />Is:vcd: 19 ClO51NG �I
<br />Eepireu 19 COSi......i— __"_ -
<br />L]F%6iING C71`ROPORD I
<br />lO.A505.--MA%. INiE^n[Si io (S�c Grn. Cw:a.=JJ I
<br />Improved i^/, J �f Su. fl. �
<br />i:,.i.,., e.�„
<br />� INFORflAiION
<br />T�c uslimntu u! t�m insurnnw, tazes, mainlenanee/repairs, 1:ca1/ulililie5 .»d eluaing coeu ure funds6ed for moAgugec': and morigngor'e
<br />iufnrnmlion. They may Le used to prcpore F'liA hbrm 2000, Applicauox for CreJit ilpprovnl, aLm� n finn commidnrid ie ncstreu.
<br />GENERAt COhs�SITf.'�FNT CONDITIONS
<br />1. ISAXI\lU1i \tOICPG.1Gli A3:OUN7' A\ D TEIt\SS -
<br />(�)OCCUPAVTfdOFTGAGORS:—'Chc muri�.y;c mnoanl andtem.
<br />s^.l furlh in Ihc )�cadie�( arc Ihc mnxlinum appmved fo[ ILis prop-
<br />ezlY :�ssmnin� a s�lisfadurY ��vncc-occup:�nt �,���i�,���. •ri:c
<br />maximu:n amo�ml mid tcnn in Ihc hcadin6 may Le ci�mr,:cd depend-
<br />in� upon F9(.1's rnl'in6 of ll:c borrox�eq lile lncome and credit.
<br />(b)NONOCI:UPANTMORiGAGORS: —it�he�noxlgagurdocsnot
<br />occ��py Ihc Louse, Ihc Inw limtls tl�c masimum morlgngc nmowil to
<br />not lo cxeecd 8 i ro uf thc maximum amounl availablc lo cm d:gt•
<br />Lle morlQngor wtw will oeeupy Ihe house (85 % o( vnlue if See.
<br />209(i) or 221). In thc casc a( nonoctupanl mon6n�ors� ILc 1 nr.
<br />commflmenl when fssued wlll reduec lhe marigngc nmounl end temis
<br />bclow Ihal statcd In ihc heaJing.
<br />(c)CGhiMITMENT CNANGES:—Thc Commissioncr mcy, upun m•
<br />qvesl of 1hc npprovcd morl4:aCec, dwnt(c the morl6ngc nmmmt mid
<br />Iciai �et 'orlP. In fhe hendinH. If Ihe . pPlicalim� is nccompanied by
<br />n l'. Cli1', ch. ngee will be mude only i( VA lesuca nn nmendmenl.
<br />2, FIR\i CO\S\tITMF.KT; —A firm commilmenl lu Insurc a loan wlll Sc
<br />Sssued upon rettipl ofanApplicrtionforCrcditApproval, FIiA I+orni
<br />2900, exemtlr� hy nn nyproved mor16n6ce nnd n boriower anlistaclory
<br />lo the Cmnmiasioner.
<br />$. CO\I\SIT\f F:NS TF:iI\i:-7'his eanvnitmrnt e�L:�il rcpirc SIR h4UVTH5
<br />f(ont iLe Csac JNc in �hc rosc n( an iiXlfi'19AI: iIOUSI: of ONE
<br />YEnR fmw ils Jalc in ILc caxc of PRO� OoEi) CO\57iiUC'flU\.
<br />(FIiA r7ns.iGes nl! a�s:s ns �i(hcr 'ESISTI.\'f.' or 7'fiOPOSF.U'
<br />Jor fho purpnsc of drtenninin� mlicn rt eommi(n¢nf c�pirca. Mmrn-
<br />ingly, n Imu..r, turn fhough slii( undcr consb��c(ion, mny Lc cfassi•
<br />/itd ns nn r.cis(inF hausc i/i( wns no! npprovrd b)' FIfA nr VA prinr
<br />to llie Lrginning oJeonsb'�¢fion.)
<br />4� dnva fronL 11 eidalC of i a�aance if cofi sl[uc oti 1 ns nol clnr�lcd,,unl st
<br />thc mon6n6cc ha� dleburecd ban procecda.
<br />G, PIIOCEI(TY STAnD�1HD5: — Nl mn5trncGoty tcPllis� ot nllcralion5
<br />proposrti in lhc npplicaUmt oc on llm dratvmgs and spccificalione
<br />re�um.A h¢rcwlUy ahnli equal or cxcced it�e FIiA niinim•im Properq•
<br />SWndnrde.
<br />SPEGFICCOMMITMEN7CGNDITIONS (Appli<u6lemhench«k<d)
<br />I. HEALTH AU'iliURITY APPIIOVAL:—Eaceution o[ Form 2u78Uy
<br />� the Iicalth Aulharlly lndiwting nPP�ovnl of Ihe wnter supply wd'
<br />oz sex�apc dlspoaal fnatnllntion le requlred. (Approvul by Iclter
<br />or Hcallh AulLozily Form may be wed.)
<br />TfiRJ:iTB CO\TROL:—(n) LXIS'f11G IfUU5E • 1�urnishnrtific, lc
<br />(� lrom n rceoT,nfud lermilc conlml operator thnl iLc housc aliows
<br />�io evldcur: of nn ncGvc lermite In(eslalion. (b) 1'ROPOSSD COS-
<br />ST1tUCT[OK - i�umish originel and iwo copie� of TccmileSoIl
<br />Treatmenl Guaranlec FIiA Form 2052.
<br />9. SUODIVISION REQUIRE\tENTS:—Comply xdth IIM���remcnle
<br />� 10. —
<br />from ]Icpod datcJ fur .
<br />�1. S3UILD]iR'S tVNtliA.\TY:—'Ph. Luilder el�n.. ex�sulc b7lA l�onn
<br />� :a'd.,lloilder's\Vnrranly.
<br />6. PIlOPEIlTY I\SPECCIO\5;—A nnliw uf n�nslruclion suduu
<br />ehall be giVen by I'urm �280X, Icller or ldepLone at �Le time Indi-
<br />C�ICd lif�ON'I
<br />(n.) ALL PfiOPOSEn L'O\tiTIiUCTIOS CASF.S:
<br />(1.) Q.1t )cnxl lau wark d:q�e lmfo�c "bc�inning uf
<br />cunslcu.Gnn."
<br />(2.) a\1'S,� ...t �ib�. �g Is cndn:.cd, slmclural Iramlu�
<br />:.picicly cxposd nnd cmp:6in{� In of phmi6in16
<br />hcalin6 ���� �4cclrical work ins�allcd nnd visiblc.
<br />(9.) �\5'hcn canslruc�ion mmplcicd nnd pcopcAy ready
<br />fur occvpm�cy.
<br />(L.) � R73PAIR5: Voiify RIIA upon cumplction uf rcyuircd
<br />� rcpairx,
<br />(c.) Q CI?ATIpICA2P Ol� CO\iCl.}:TION: A mdlfica�c
<br />n��ling Ihnl ihc morlga�cc hua cx:�mincd Ihc pCuposed
<br />or Yaiuired mpNrs :md Ihal lhcy havc 6cen snlis(.c-
<br />torily <omplcicd will bc ncccp�ed,
<br />VA iN51'ECTf OKS:— Fuml�h e coyy of a deer VA Ilnul npon
<br />�
<br />7. ASSUIIANCt: OF Co�1PLF:T101: I( Ihc �cqaircJ rcpnlrt cnnnol bc
<br />❑ comP��«� p��or lo aubmiselon o! eia�in6 p�Pcre,a Fozm 7700 eecrax�
<br />in Ihc emount o(S (oT euch ndd�tlanni amannl
<br />ne lhe Icnder de�irn) muy Lc eelnblhhed ne Ihe menne lo ns�urc com•
<br />plelion.
<br />e. SPd,I.Pil'S ACIitiF.\tLNT A27D F.SCB04' FOR F.XISTING 1'7IUPF.II-
<br />❑ TItiS FINANCED UNI)D:1I SF.CTIOti 17u - Scclion u16.
<br />71i0 eommllmenl !s issued on the condition Ihat If Ihe mor�gngc Ie to
<br />Lc Insurtd unda Sectian 4�5� the aeller x•ill exnule nn n�rcemm�l In
<br />nim����.se 3i U� for ezprnec� Incarrcd 7n repnl�inC r«��<WrN or olher
<br />defe<Is wiii� *cepecl 10 the yropeny beinC aold. The form nf ngreemenl
<br />ehnll be pn scdbed by Ihe tiecrclnry nnd n acller who b nol tl�c occupnnt
<br />,,: :he p�r,perly N9ll drpoeil L perca�l of Ihe mla price In eecror wllh
<br />Ihe murlgnF�'e In aeeordontt wilh ILe Ierme of ILe ngrtemenl.
<br />J. SI:C77UN228
<br />Q Thle Commtlmmll le leeued under Salion I'urounnt lo Sec-
<br />Ilon 229e.
<br />ID. COIIF.F.KFOiIC}:\lENT.
<br />� SuLm{t n �Inlcmenl Irnm A�LAc Mtlnodly ILnI Ihc uuLJccl Propny
<br />meete Code Nequiremcnle.
<br />I1. I2EQUIIIED C4:ItTIr1CAYlONS.
<br />Q i:lccttical � llenlinF Q IIoollny �l'IumLinp
<br />�q, iiSCIRATIOK DATl: —:hc �olnl Vnluc et:IcJ nLovc le b�ned on
<br />�� Vctcrnn� AJnlnietrnlion CeNiGcnle of RcneonnlAc Vnlue, enec
<br />IIe�nrdlcu of Gcnemi Commilmenl ConJlllon Rmnbcr J, oLove, ILIe
<br />eommllroenl cxplrc� on
<br />1�. ��((
<br />�See �pecloi eondtliom No. ��. U'_ e./w 1
<br />�/ (� /. J ' "% �� ',�-.�' ,.c_/ bcioxoron
<br />nit�chcd ehccL
<br />, ..... . r�1�nlu�l�n�InH�il�nl�lllr�����•��.�no���n � ••
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