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FROM <br />06/24/008 11:57 <br />f2r <br />r <br />(TUE) JUN 24 2008 13 :47/3T. 13:31/No. 6880345645 P 18 <br />903782 °172 COLDWELL BAWZR PCG PAGE 18119 <br />12 -10C'% <br />pRCMtJL13l1TED BY THE TSKAS HEAL ESTATE COLMISSIQN 01ZEC) <br />THIRD PARTY FINANCING CONDITION ADDENDUM <br />TO t;ONTRACT CONCERNING THE PROPEMYAT <br />2152 Paris <br />(Sheet Ad;;; end Cttyi <br />Buyer shell apply promptly for all financing described brabw and make every reasonable ef3oR to <br />obtain approval for ms finartang (Financing Approval. Buyer shall fumish ell infonTMtlon and <br />documents requlmd by larder for Financing Apps• Financing Approval will be deemed to have <br />been obtained when (1) the terms of the loan(s) doscn'bed below are available and (2) lender <br />determines tnat Buyer has SadsW all of lender's financial rvqulmmenrs (thOW � BuyeC g to <br />Buyer's 2sbots, Income and credit history). if Buyer cannot obtain FlnancMg AAP MY <br />glue written notice to Seller within aeys afW the edr dh a dab® of this contract and this <br />connet w1l mrminate and the earnest money wig be refunded to Buyer. If Bayw does not g'nre <br />such notice within the tllme required, this eontMct will no longer be suWt to Financing <br />Approval. Time Is of the MUM* for this praragmph and soict compliance With tho time <br />for perfomunee is mmound. <br />NOTE., Financing Approval does not include approver of bnderis underwn ng raquireflwts fcr <br />Me Property, eye specified in paragraph 4A(9) or me corrrrad <br />Each nabs moat be n umd by vendors and dead of trust Hens. <br />.CHECK APPLICABLE PDXES: <br />® A. CONVEN110NAL FINANCING: <br />0(l) A first mortgage loan In the principal amount of $ 184 000.00 (exdudtng <br />any financed PMI premium), due in fU() In 30 year(a), with interest not to <br />omeed 6. coo ` % per annum for the first,jo Y�(s) of the loan with Loan Fees <br />({eon origination. discount buy -down, and cone tribl*nt fees) not to exceed <br />6.000 % of the loan. <br />(] (2) A second rnortgagrr loan in the prindpat amount of $ (excluding <br />any financed PMI premium), due In full In yea(s), mith interest: not to <br />exceed % per annum for the first,, YWS) of ft ban w>tb Loan <br />Fees (loan oMgimion, d(turn, buy -down, and commltmerrt fees) not to exceed <br />of the loan. <br />C1 B. TEXAS Vl_T1 MS LOAN: A loans) from the Texas VOW21M 11-21 rate rd Of $ established try rya Texan gt the for s period in the fatal amount of _.___,�. Y� <br />Vegans Land Board. <br />❑ C. FHA INSURED FINANCING: A Seceon FHA insured loan of not IeSs than <br />S (axduding any firwneed MIP), amortizable monthly for not les4 fttart <br />years, with Interest not tb exceed % per annum for the first YsaK$) <br />of the loan with Loan Fees (loan originatlon, dtsoouM, buY'dow. d FHA 0mmit o is unknownt <br />b exceed % of the town. As required try D+HA. <br />,7t fs expressly agnted that, Mfiv#hstanding any otter �a sibn m Of Pis DO act the <br />purchaw pjyeo strarr not be obf&vL -d to complete the pL <br />herein or to Incur any psna V by forfeibrr>} of earnest mraney drposft or otherwise Unless <br />the purphaser (SuWd has been given. in accorzlance wi'>3h HUDIFHA or VA requirements 6 <br />wrfl'len statement lSSrred by lire Federal Housing Commissioner, Department of Yetmns <br />Affalm or a Dhect Er4=*rrWf Lender ss*g forth the appraised value of the PrnperlY <br />of not less than S . 7rie purchaser (Buyer] shop have the pdWege and <br />optiari of proceeding with cottsumnaation of the con&act without ►ayerd to the err+ournt of the <br />initialed for Idendecaaon by Buyer and Seller-- - <br />(TAR 1901) 1 Y -10-47 <br />TREC NO. 40-3 <br />Page 1 of 2 <br />p,,wwtW Tara AWa ft 2913 Lau Avg. PV4 tX 75"D rvicl.wgbllnzfc <br />Pbme "7.7W5141 Fa903 -7b�d 1�7 BarJCY rror�mi <br />� J.�..r � � � �. l/ R "- � � r •i�� nrr. �� RLr. CIS TMMI110. �'�Z� <br />