Download as pdf
Download as pdf
You are on page 1of 3
Mortgage Guaranty Insurance Corporation MGIC COMMITMENT/CERTIFICATE. Mortgage Guaranty Insurance Corporation, 270 €. Kilbourn Avenue, Milvaukee, Wisconsin 53202 (the "Company, hersby agrees to insure the loan identified below, subject to: (1) the insureds activation of coverage and tmoly payment af te nial pramium, 2) the forms and condivons of tho Masto Policy (3) the Endorsements, Notes and Conltons below, any, and in reliance onthe Applicaton, supporting documentation and the Insure’s representations Commitmentcertiicate# 32621636 |L°8".—_soseazezi Quote 1D xDBMDPH TNEURED'S PRNGIMAL PLAGE OF BUBNESS ORDERED BY Mae Poly Numer ane aame MGIC Number mea Tem Ne and Adress Name and Adress S8 Saprie Set eopuie 5 LOAN INFORMATION Borrower Name(s) vreciviweuiy |anoovenoo7ea0 NOW WAYNE A WEBBER MICKEY Ra Art Pc ean Toon [9607380 Sujet Propary Adon Represerav Crea eor_|70 "HOSANTMIGHAELLNUNT 482 Fed Rae Y ALTAMONTE SPRINGS, FL serie can Pure pace Bae Loan Aout az ura Uns 7 Financed Pani Aunt oan Sales Price 22250000 TNSURANGE WFORMATION PREMUW RATE ware RATE WTA Commitnendcriete # oases tet Year Rate 230 ommimant fective Dae owzia0z2 Renewal Rate yn 240 | 290 Comment Expaion ata —_+( vr vanze Renewal Rays Tom | 200 EV eatery 2% Coverage Top 25 REMUM TANASSEGSMENT [AUTHORTY Tae Prema pe sine Premium Retina Nor-fndaie ‘coury Renewal Option cnet ena PREMUWANOUNT | wPREWuM [Tax TOTAL Ii Moni Premio | 85970 5370 Premium De fo Aatvate [000 som Thank you for choosing MGIC. Frm #71-70985 (03/20) Page tof 722022 08:53:08 AM 32621636 Master Policy Number 21-082-3-0288 ENDORSEMENTS AND NOTES This CommitmentiGertitcate is insured under Mortgage Guaranty Master Policy 71-70384 (03/20). This loan qualifies fr Valuation Defect rescission relofundor section 17 ofthe Master Poly. ‘This loan wll qual for ull scission rele under section 17¢) (lof the Master Policy when the borrower has made the frst 12 loan payments on ‘ime from the Borowers Own Funds MGIC reviewed the loan documentation provided for compliance withthe MGIC Undarwrting Guidelines under Non-Delagated Underarting. The insured remains responsible forthe accuracy and vali of tre submillaé docurnents and for determining compliance with the MGIC Underwriting Gudelines of any information not submited ‘CONDITIONS | By activating coverage, the Insured represents that ts loan fle at closing included a Property valuation witha Property value equal to or greater than ‘he sales price set forth in the Loan information above. INSURED'S REPRESENTATIONS By activating the insurance coverage, the Insured represents that 1) the loan Wansacton, as described above, has been closed 2) the loan information n this ConmmitmentiCertieate (CIC) i tue and corect as of the Cervieate Effective Oate and the Company can rely on iin extending ‘overage tothe loan; 3) the conditions, f any, dented on this CIC hava been satisfied; 4) he Applicaton and supporting documentation are ire and ‘compete in all matoral respects and the Insured has no knowledge of any material changes in the Application information or supporting documentation ‘28 ofthe Certificate fective Date 5) fhe Application was submited under the Company's delegated program, he loan meets ne Undensriing Guidelines in all material respects; and 6) thee is no information in the Orignation Fils or Closing File that is materially inconsistent with tre ‘Applation, supporting documentation or the loan information above. [ADDITIONAL INFORMATION AND INSTRUCTIONS. ‘Any assignment of the servicing ofthe loan or rights af he Insured under the CIC must be in accordance withthe terms and conditons ofthe Master Policy.To activate the insurance coverage, fellow the instructions provided on the Activator Notice. Al capitalzed terms herein shal have the same, meaning as set forth inthe Mastor Poly. Form #71-70386 (03/20) Page 2013 7/26/2022 08:63:06 AM Mortgage Guaranty Insurance Corporation MGIC Activation Notice To activate MGIC morigage insurance, notfy us within 15 days of loan closing. Loan must close on or before the Commitment Expiration Date. CommitmentGertiicate# [32621636 Commitment Expiration Date [10/21/2022 Borrower Name(s) MGIC ID Number ln -082-4-7629 NOON WAYNE A& WEBBER MICKEY RAY Subject Property Address Ordered By "FO SAINT MICHAEL LNUNIT 402 Fagsar Bn, FS8 B61 Comore oF ALTAMONTE SPRINGS, FL 927147112 Troy, Mi 48088 Prioe to activation, please very all information on the CommitmentCarificate and report any discrepancies to your local MGIC Underwrng Service Center. Go to wwra.ic.cam for contact information Premium Due to Activate $0.00 IF NO PREMIUM IS DUE, YOU MAY ACTIVATE MGIC MORTGAGE INSURANCE ONLINE BY LOGGING IN AT WWW.MGIC.coM [TO ACTIVATE MGIC MORTGAGE INSURANCE USING THIS FORM, COMPLETE THE FOLLOWING Note: Only send this Activation Notice. Keep the CommitmentICertficate for your records.) 4. Provide the Loan Closing Date (Tis isthe Certicata Effective Date unless MGIC accepts another date.) 2. Very the Loan Number 505817621 (tfinaccurat, please provide the correct number) ‘Complete the following information if Servicing has transferred. Servicer Name Address Cityistate 4. tno promium is due, fax this completed Activation Notice to 800-711-6442, Hf promium is duo, mail this completed Activation Notice with Premium Due to Activate to: Maic Box 78461 Milwaukee, WI 53278-8461 Thank you for your business. [TO CANCEL COMMITMENT PRIOR TO EXPIRATION, COMPLETE THE FOLLOWING 4. LE check box to inicate Commitment should be cancelled 2.__Fax this form to 800-711-6442 Frm #71-70985 (03/20) Page 30f3 o726i2022 08:53:06 AM

You might also like