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0 M1IOOTGA6EF. NO. I . ._—'— _'___' '.____
<br />U.B4OGPARTAENTpFMOOBINOMiDUpOANDtVlIOPAIl.YT �
<br />��,}�,;,J..�4��;( �— FEDlPA�MOU8INOAOMIM1ISTPAlION
<br />X CONCIITIONAlCOh1MITMENT PHOPEflTVO.�DNE9S
<br />' FORMOATGAGEINSURANCeUN�EP [J��] i�:'�. C� „v.
<br />.THENATIONALMOUe1NOACT � � .._„
<br />I iVf1fL'�L'• i';A• _',�..,�{
<br />�SEQ203�6) �SEC. � ��j(fG
<br />7��E L0:"u,5 u ticllUTG�: CG'r1Plcr�'
<br />f'.J. no:; 7ui�;
<br />�.f�l:i1:1114. :ii6il'�N;'�i3Oli 'lu:.�tl
<br />J..i�� .. . 1� i
<br />FMA I
<br />CA8! '
<br />� I
<br />N0. ,
<br />; L�il ��i.i; �. i
<br />'i ESTIMATED VALUE
<br />OFPAOPERTY....S � � � �
<br />.+�..e...��....��r�
<br />COMMITTED FOR INSUfiANCE
<br />_ _ ,v'`
<br />Issuod•, "•'c'•, � � , ' . 19 � �'
<br />Exv ms � g
<br />LMONThILY E%PENSF ESTIM1L
<br />r;
<br />Fiw Im ........ $
<br />TURes ' �-
<br />.........5-
<br />Contlo. Com. Exp.S___..
<br />Aiain & fle0��rs S
<br />Hoai.WUbhpes 5____
<br />ESTIMATED CLOSING
<br />� . . . rT [� E%ISTIt1G �
<br />COMMI'fMEN7�"i�ERfdS MA%.MORT.AMT.3 �� � � _�iQM05. q:s� �NTEPESiµ`,%
<br />'— lSu• Grn. Cnnd.
<br />INFCRMATION impro�ed -"
<br />Livmp Area � 'S
<br />7'he e..timr�les of fire Insurnnre, tnses. mniNennnce/repuira. heni/utililics uml cluni�:�; cosls nre furnishcd fo: morll;+�k�c'.v nnd mnrt,
<br />6dormnlion. 7'hey mny be used �n prepnre FHA Porm 'l'J00. Applicntinn fnr Credil Apprnvnl.when a firm commilmenl ie dc,ired.
<br />GENERAL
<br />i. MAXIhILVtA[OR7'CAGEAAfOUNTAND7'L•:RAiS-
<br />(n) OCCUPANT �dORTGAGOHS:� thc mortgnge mm�unt nnd tcrm ect
<br />forth in �hc hending nre thc mnzimu�i npproved for ihi• ��o�,�ny.
<br />nasurt.ing n satisfnctory owncr-occupnnt morigngnr.'fhc mnximum
<br />nmo�mt nnd term In 16e LenJInR mny be rhnuged depending upon
<br />FHA'n rntinF u( thc burro�ccr, hie {ncnmc nnd credit.
<br />(b) NONOCCUPANTMOHTGAGOflS:� If IhC morl�;ngor duca no�
<br />occupy Ihe house.the Inw linilis Ihe mnximum mor�gnge nmow�t
<br />to not exmed A5Y of themnxhnum nm��unt nvnllnble lo �n cli-iblc
<br />mnrlgngor whu w•Illaccupy �hchousc(A i% of vuluc if Sec. 'l07(I)
<br />oc 221 ). In thc cnee of nonoccup�int morlgr.gors, thc finn rommil-
<br />ment when isnucd x�ill roduce lhe morignge wnounl nnd �enns be-
<br />Inw lhnt slnlcd In Ihe hrnding.
<br />(c) COMMITMENTCHANGES- 7'he Cummissioncr m;�y, upon rc-
<br />queet of tne npprovedmur�gngce,chnngethemortgngemnmiN and
<br />term eel furlh in the heuding. I(ihe upplicnlion ie uccompnnied bp
<br />u VA CRV, chnnge.rwi116emndeonP If VA Iseues nn nmendment.
<br />CONDI71
<br />PROPOS'cD
<br />2. I'IR\f CO\i\il'P\71h7': - A firm cummitment tu insurc n lunn
<br />will bc is9ued upon rcceipt o(nn Applicruion for Crcdit i\pprov�il,
<br />FIiA Form 290U, czeceted hy nn upproved mongngec nmi n
<br />bnrto�ecrsnife(nctory tu Ihc Cnmmissioncr.
<br />3. CU\f\71'PAIF:N'C ���;�cnt: -•r�,�w rnmmilm�.��t �hnll r::pirc 51%
<br />MONIHStromihcl49Ul'di�einihccnsco(:m I:XItiTWG IlUU51:
<br />��rONE VEn� Gom its duU� ln Ihe cnscof PILOP054:D CUN59'RUG
<br />'iION. (F'IfA c[avsi�ics n!( c.�scs ns i�i(hcr 'E.1'IS%'lNCor "pR0-
<br />1'OSF.'U"/ur[depurpnseo/d�Yrr'niinin�lirhenacnmrnilrricnf r.�pirrs.
<br />�Icenrdin�(!1', uhuusc,cvn� (huuFr/t sfi(lundtrcons(rt�clinr�. nmY hi
<br />rlavsi/icd ns m� esielin/,� hu��y¢ i/i! ious nof apprnurif Ll' I''flA nr
<br />VAprinr;nfheGrAinuvi�;n(cunsh'uc(inn.) �
<br />4. CANCIiI.i,.\'1'ION: - Thic commilmunt mny br cnncdled nflrr fi0
<br />de}'.+ frum Ihc dn�c ol issunnce 1(cnnclrucliun hns nal �inrted. um
<br />levs the mortqngee hns disburecd Innn prncecda.
<br />5. PROPI;RTY S7'AYDAI?Uti:-All construction, repnlrs,ornherntioiis
<br />propnycd fn Ihe npplicntion or on Ihe drnw•ings nnd epecificntinnx
<br />re�urncJ hcrewilh, ehNl equoi or exceed�he FHA D'Gnimum Ymper-
<br />ly Stnndnrds.
<br />SPEC!riCCOb:iviiTFnENTCUNU1110N5 (App(icnblc m�hcn chedecdJ
<br />I. HI:AI,TFf AUTF70}:19'Y APPROVAL:-l;xcc�tllon of Fonn 2573
<br />❑ by ihe Henlih Authorily Indicnting npprovnl of thc wnter euppiy
<br />nnd/or eewnge disposnl Instnllution ix requfred.(Approvnlby letter
<br />ur Heu�;h Authority Form mny bc used.)
<br />2 7'F,RAfIT6C(lti'I'lli/ir-(n)Bllti'1'INGf10[iSi;-�urnishccrli-
<br />] ficatc Gmm � recngnixcd Icrmilccnntroloper:ilorlhnllhc hnusc nnJ
<br />n�her struc�urev ���i�hin ihc legul butmdaries of Ihr properly showq
<br />no eridrnrc uf nclivc tcrmi�c infcstalion. (b) PROPOSI:D CON-
<br />S'I'H li C'I90N � ru rnish nnucnpY ��(7'ermite Soll "I'rcatntem Cu.unm
<br />�CC T' ��1� �orm inJl,
<br />I. PIiI�,FAll1iICATOR'S CI:Ii'I'lI�ICA'PIs: - Proaidc Prefubricnlion
<br />] Ccrtifirnle rrnulred by rclnted F.ngincerirg I;ulletin,
<br />L CARPP:T UNDP:RFLOORING: - Noticc of eublloorinti or finish
<br />] Ouuring Inslnlled under c.vpet shnll be posted nt n conspicuuus
<br />Incatlon wilhin thc dwclling.
<br />S. SUUDIVIS[ONREQUIREA1ENTS:•ComplywilhRequlremen�e
<br />❑'--
<br />lrum Rr.pert dnled
<br />for
<br />Subdivieion.
<br />IG.IIUILUF;R'Sl1'ARRAN'PY:-ThcbWldershallcxecWeF1�IAI�nrm
<br />❑ 254h. Bufldcr's �':;vrnnly.
<br />�7. i'ftOI'I;R'P}' (NSPBC'PIONS: - A nolicc of construction sintua sh;ill
<br />be Fiven by Fnrm 22d9X, Iettcr ar ldephone nl the time Indicnled
<br />Uclow:
<br />n. I'ropased Construction Cnscs:
<br />(1 )f] Nolificu�inn shall bc giveu (or nll Pro iovcd Consir�ction
<br />iase, uf !cast iwo work duys he(ore beginning n com
<br />=In�ction" nnd ais m:q� hc instructed bdow.
<br />(2)�j ll'hen lhe buildingisenclosed, sinic;urnllramingcompletN
<br />Iy espu.;cd nnd ruughing-in af plumbing, henlingnnd rlec-
<br />Irica� work in�lallyd nnd visfblc.
<br />I (3)�l�7ien cons�rucKiun complMed nnd property rendyforoccu-
<br />�. \. -.� poncy.
<br />I V(CGRTIP?ICATE�OF COMI�I.T:TiONI�A ccrtl(icat�ci in�ingthnt
<br />Ithe madgngec hne eznmhicd the nropo�ed or rcquired mpnirs
<br />i
<br />nnd that they hnve been enliefectoHlyconpleted wlllbe uccepled.
<br />iri. VA INSPECTfONS: - Furnish a capy af a dear VA Onnl report.
<br />�
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<br />� ��- ----� • -.. p
<br />2 ASSURANCGOPCOnfPLI;'f(ON:-Ifthercquircdrepnirscannut
<br />� be cnmpleted prior to submieslon r,(closin�papers, n Porm 2300
<br />cstrowiuthenmounto(S (orsuchadditionnlumuuni
<br />ns �he Icndcr desires) mny be csinblished r.s Ihe menns to nssure
<br />completion.
<br />]0. 5l?LLF.R'S �1GBEI•;SfSN7' AND P,SCROR� FOR �%IS'PIAG
<br />G PIi0PI;12TIi•:S FINANCIsD iJI�llF,R SliCTfON 2J5-Section5lH.
<br />1'his cummitmenl is i.vsued on the conditiou �hnl if Ihe mnrtgage
<br />Is to bc insurcd andcr Secllon'13:i, thescllcr will eacculc nn rgree-
<br />ment lo �rimbu: se HUD (ur expenses incurmd in rtpnirinp, struc-
<br />lunl or other d�fecte with mspect ln Ihe property being eold. 'thc
<br />form of ngrcement eli¢II Ue prescribcd by the Secretury und n eeb
<br />ler whu le not lhe occupnnl of the property v911 deposit 5 percent
<br />o( Ihe sales prim in escrow wllh the mortgage 1n nccordnnce wlth
<br />lhe terme of lhe ngrecment.
<br />11. SRCI']ON 223
<br />� 7'hisCommilmentieiesuedunderSection_Pureuonito5ection
<br />227e.
<br />12 Sf?C'I'ION 221(d)(2)
<br />7'hc n7+iximum inaurnblc mor(gngc for n mortgagar olherthan n
<br />dispinced (amilt��[�resenting n Certifir.rte of T•.Iigibilily,�FHA�Form
<br />3476. Is S �L�/;__;��.. �
<br />� � ��
<br />13. CODG EN[�'OHCIsMPYT
<br />� Suhmit u statement Irom I'ubllc Auihorlty thn�lhexubject property
<br />mecls Code itiquiremcnts. If the moA�age encvmbcring the prop.
<br />erty ia to be insured under Sectfon 221(d)(2) � code complinncc
<br />Inepection is requlred.
<br />14. I2Ii(�UTAPD CER1'IFICATIOtiS.
<br />❑ ❑isleciricnl �Ficnting �Roofing �Piumbing
<br />15. Ii\PIF{ATIOId UA'1'S: - Thc Tot:�l Value �ta�rd abnve is b:��eci
<br />� on Velerans AdminlsUatinn Cedt(Ication of llcasonnble Value,
<br />cuse numuer d��,,�
<br />Regn:dless of General Commltment Condition Number 3, above,
<br />Ihie commitment expires on
<br />16��S�e�c� sp�c�� al conditions Nn. �r,��
<br />�� """'"""1� `, � / � % A.'
<br />� otlnched xheet. I below or on
<br />UC. 'J�, V�C,U.1, �'= i
<br />F�.
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