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I"A AlOil A. it NU US.ore4,aLbI no.)."1'��NG MnUxUeM UIYIIUYaIef Fllw
<br /> NO. _ —
<br /> CONIrIIIONAI COMhIITn...elT
<br /> FROFLkfY ADDRFS '--
<br /> /POR MORTGAGE INSURANCE UNDER ^•73 7;'1.% T=1 ��r. a CtIG G:Le L 7'!11;1 It'll.
<br /> IIIC IIAIIUNAL HOUSING ACI -
<br /> I etc )GI-1 !sic_
<br /> MURIG AI.II TW"ATFb VALUE
<br /> - - �—r 7.MONIIIIY East NSf Gil'.
<br /> OF PROPFPTY . S_ File Ins ......S
<br /> _ Inas .... ... S _
<br /> 1 , , COMAIIIIED FOR INSUMN tondo,Cam.E.P. S��-
<br /> ' s =_ Moln.A Repair% $_ r r _
<br /> . f Heal &Utilities S
<br /> Ef
<br /> r1._
<br /> - O r(1IpA[ •L• TIMATFb
<br /> h ad // f..i
<br /> _ 19 (/ CLOSING
<br /> C j, COfi..... S 1
<br /> " ��ttG/ ♦r - 1 EXISTIN�gOfsOSI1)
<br /> COMMITMENTTER(31 11AX.MOR(.AMT.$__, �l� NO.MOS MAX, INTEREST •�% (Sn Gm Cored g9)
<br /> Impre.ed
<br /> lIsinp Area Q
<br /> INFORMATION
<br /> The estimates of nry imurnnce, Iran, rnninlcnunro/tepnlrs, hent/utllilies and closing costs am furnished roe mortgagee's and mortgagods
<br /> Information. They may be used to prepare FHA Form 2000, Application for Credit Approval,when o Oro tommllmenl is desired
<br /> GENERAL COMMITMENT CONDITIONS
<br /> 1, MAXIMUM MORTGAGE AMOUNT AND TERMS-
<br /> (s)OCCUPANTMORTGAGORS:-Thr morl:og amount and trrm 9. COMMITMENT TERM:—This commitment%hall aplm Sl%MONTHS
<br /> set forth In the heudlel: see the maximum approved for this prop• from the Issue date N the ase of an EXISTING (SOUSE or ONE
<br /> erty assuming a snOJ.umry ownrr-ouupunt mortgngor. The YEAR from Its late In the case of PROPOSED CONSTRUCTION.
<br /> mnrimula amount and laws In the leudmg may be changed depend. (FllA rlaaslges all cases as either 'E.YISTINO' or PROPOSED'
<br /> Ing upon FIIA's rating of the borrower.his Income and credit. /or the purpose o/determining when o commitment mplreA Accord-
<br /> (i a house. even though still under ennshurlioR may be dust.
<br /> (b)NONOCCUPANT MORTGAGORS: —If the mortgagor does not red as an a(sting house Yit was not approved by F11A or VA pr.or
<br /> occupy the hnuse, the Ino• limits the marlmum mortgage amount to to the brginning o/eonstructlon.)
<br /> not to exreed 85% of tie maximum Amount m•ollnhle to on Nlgi.
<br /> ble mnrlCngor who will occupy the hall" (65% of value If Set.
<br /> 205(1) or 221). In Ibc rain of not mallard mortgagors, the firm
<br /> commitment when Hsurf will reduce Thr moatgaga amount and terms d. CANCELLATIONt — This commitment may be cancelled ancr 60
<br /> below Ihnt slated In the lading. days from the dale of Issuance It construction has Dal started,unless
<br /> the mortgagee has disbursed loan proaeeda
<br /> (o)C of the approved
<br /> CHA ollrag—Thr Comite mor g may,amount
<br /> re.and '
<br /> termet the approved maOg. U he ape Ile mortgage om anie and
<br /> term sal forth In the lending. U the application Is accompanied by '
<br /> a VA CHV,change•- will be made only U VA Issues an amendment.
<br /> 2, FGIM COMMITMENT; —A nrm commitment In Insure a loan will be 5. PROPERTY STANDARDS:— All construction, rt'pnlm, or allvnUons
<br /> Issued apmm rrnlpi of nn Applirailan for Credit Approval, FIIA Form proposed In the rppltallon or on the dmwings and specifications
<br /> 2900, ececuled by on approved mort0ugn nod a borrower satisfactory returvd herewith, shall equal or eaeeed the PITA Minimum Properly
<br /> to the CompAsth neh Standards.
<br /> SPECIFIC COMMITMENT CONDITIONS (Applicable when eherhed) C
<br /> 1. HEALTH AUTIIOIU'fY APPROVAL:—Iixecullon of Form 2573 by 7. ASSURANCE. OF COMPLETION;—If the required repaln cannot be
<br /> ❑ the Ilcalth Authority InJltntmg approval of the water supply Unit/ EDcompleted prior to submWlon of closing papers,• Farm 2500"crow
<br /> or sewage disposal In+Inllalion Is required. (Approval by Idter in the amount o($ (or such additional amount
<br /> at Ilcalth Authority Form may be used.)
<br /> as the learn dnlreq may be ntsblIsbed as the mons to soon nom•
<br /> pleflon.
<br /> 2. TERMITE CONTIIOI.:•-(a)EXISTING IIOUSE.FurnlshccrI ic:u, 8. SGLLEWL AGREEMENT AN', ESCROW FOR EXISTING PROPER•
<br /> from a recognlecd termite control operator that the home shows ❑ TIES FINANCED UNDERSECTION 235-Sedioa SIB.
<br /> no evidence of an noire termite INesmllon. (b) PROPOSED CON.
<br /> STRUCTION • Furnish original and Iwo copies of Termile gall TLIs commitment Is Issued on the mndlllan that U the morlgap Is to
<br /> Treatment Guarantee FIIA Form 2032. be Insured under Section 295, the WIsr will arab Am agreement to /
<br /> reimburse )IUD for expense. Incurred In repalsiog aeudmral a other
<br /> 9. SUBDIVISION REQUIREMENTS:—Comply with Requirements defects with respect to the property being sold. The form of agreement
<br /> 0 shell be prescribed by IM Secretary and a seller who is not The occupant
<br /> No. of the property will deposit 6 percent of the sales prla N eattow with
<br /> from Report dated__ for the morlgrgee In accordance with Ile terms of thv agreemel. 1
<br /> Subdivision. I
<br /> J. 111111.1 ER'S WARRANTY:—The builder shall execule FIIA Form 0, SECTION 229
<br /> L] 2511,Builder's Warranty. O This Commitment Is 4eusd under Sr Iwo Punuanl to Sees
<br /> lion 22.1
<br /> 5. PROPERTY INSPECTIONS:—A nu0m of Construction still
<br /> shall be given by Form 2280X, letter or telephone At the time Indic 10, CODE ENFORCEMENT.
<br /> aced below: 0 6obm1t a statement from Public Authority that the tabled property
<br /> (s,) ALL PROPOSED CONSTRUCTION CASES: mats Code Requirements.
<br /> (1.) At Tend Iwo work days before 'beginning of t
<br /> nm,.ln,tlt°^'• 11. REQUIRED CERTIFICATIONS.
<br /> (2.1 0 When Thr building h enclm.rd, atruelurnl framb+l; Q ElMrieal Q Heating Reence Q Plumblaer
<br /> cumpl7,ly exprssrd and ronghingdn at plumbing.
<br /> heminl: and electrical worl, ineralled and vlsibl.
<br /> (9.) 0 Wh,a runaruellon eomptcled and properly ready 12. EXPIRATION DATE: — The Total Value awed abet lu bawd an
<br /> fur exempaney. Veterans AdministrationGdUlcsIs of Reasonable Varus, east
<br /> (h.l Wi REPAIRS: Nulify FIIA upon suneplellnn of rrqulreA number dated_
<br /> repairs Regsrdlrss of Central Commllmr_1 Condition Number 3, above, this•
<br /> (c.) C'FAITIFWATE OF COMPLETION: A urnlhem.• I commllmenl expine on
<br /> mauling that il,e mortgagee has emminrd the prup,,.e,l sy(
<br /> of requlod rcpnen and I6a1 They have been alsfac. I t �' i . !oft
<br /> t
<br /> Willy complied wdl be amptrd, �1 iii
<br /> \ �t�] get sprdn CnndlllAns No. �/��
<br /> 'SPEC T10RS:—Furnish a copy of a desr VA Real repuri. ' I U%: l ��� cc bdd"aeon
<br /> RECENEO' S
<br /> \. FEB 1914 f
<br />
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