#3070
@001 Enter the name of the lender:
@002 Enter the name of the borrower:
@100 Enter the effective date for the commitment:
@101 Enter the expiration date of the commitment:
@103 Enter in numbers the amount of commitment:
@104 Enter other acceptable liens or "none":
#3071 Do you require a survey?
#3072 Do you require a building inspection report?
#3073 Do you require a specific zoning?
#if#3073
@105 Enter the zoning uses required:
#endif
#3074 Do you require credit life insurance?
#if#3074
@120 Enter the premium or 0 if not sold:
#endif
#3075 Do you require credit disability insurance?
#if#3075
@120 Enter the premium or 0 if not sold:
#endif 
#3076 Is an adverse change in employment clause required?
#3077 Do you require a guarantor?
#if#3077
@121 Enter the name of the guarantor:
#endif
#3078 Is an appraisal required?
#if#3078
@112 Enter required loan to value ratio:
#endif
#3079 Other conditions?
#if#3079
@122 Enter other conditions or refer to extra sheets.
#endif
#3080
@108 Enter the interest rate:
@109 Enter term of the loan in months:
@110 Enter number of points to be paid (or 0):
@123 Enter PMI premium or 0 if PMI is not required:
@124 Enter date for balloon or 0 if no balloon:
@125 Enter the balance when note balloons or 0:
@124 Enter nature and amount of other costs or 0:
#end control section
#3070
/* Para. 3070: Loan Commitment: Header */



                         LOAN COMMITMENT


Effective: @100        Expires: @101


Amount: $ @103


@001, described herein as LENDER, agrees that it will lend the 
sum of $@103 to @002, described herein as BORROWER, subject to 
the following terms and conditions:


1. Delivery of marketable title and title insurance. @002 prior 
to closing shall deliver a mortgagee title insurance binder from 
a licensed title insurer, acceptable to LENDER, which will 
provide for the issuance at closing of a policy providing that 
the title is marketable, and free of all liens or charges other 
than current taxes and:


@104                                                                             
#3071
/* Para. 3071: Survey */


Borrower shall provide a current survey by a licensed surveyor
showing no encroachments or defects.
#3072
/* Para. 3072: Building Inspection Report */


A current building inspection report from a building inspector
acceptable to LENDER showing no major structural defects. For
purposes of this section, major shall be defined as requiring
repair and being more than 3% of the purchase price.


This condition may be waived upon escrowing of sufficient funds
at closing to be used to correct the described defects, which
sums shall then be expended to complete the needed corrections.

#3073
/* Para. 3073: Zoning */


That the zoning or other land development restrictions imposed by
lawful authority shall permit use of the parcel as @105.
#3074
/* Para. 3074: Credit life insurance */

Credit life insurance sufficient to make monthly payments
during a period of disability.

If an amount is specified, credit life insurance is
available from LENDER: @120. If no amount is specified credit
disability insurance is not available from LENDER. In any event,
credit life insurance if available from LENDER is not
required to be purchased by BORROWER as condition of obtaining
this extension of credit: you may either purchase through an
insurance agency of your choice, or assign an existing policy.

#3075
/* Para. 3075: Credit Disability Insurance */

Credit disability insurance sufficient to make monthly payments
during a period of disability.


If an amount is specified, credit disability insurance is
available from LENDER: @120. If no amount is specified credit
disability insurance is not available from LENDER. In any event,
credit disability insurance if available from LENDER is not
required to be purchased by BORROWER as condition of obtaining
this extension of credit: you may either purchase through an
insurance agency of your choice, or assign an existing policy.

#3076
/* Para. 3076: No material adverse change in employment */

At the time of funding this commitment, the BORROWERS shall have
experienced no material adverse change in employment.

#3077
/* Para. 3077: Guarantor */

That the following individuals execute a guarantee of prompt 
repayment of the loan in the form customarily used in this area 
for the same:


@121

#3078
/* Para. 3078 APPRAISAL */

The furnishing by the borrower of an appraisal from an appraiser
acceptable to lender showing a loan to value ratio of at least
@112%.

#3079
/* Para. 3079: Catchall for other provisions */


The commitment shall be subject to the following additional 
conditions:

@122.

#3080
/* Para. 3080: Ending */

The commitment is further subject to the following additional 
terms:


Interest Rate (APR): @108


Loan Term: @109 months


Points to be paid at closing by BORROWER: @110


If an amount is included below, PMI (Private Mortgage Insurance)
is also required:


@123


If an date is stated below, the loan will balloon at that time:

@124, and the principal balance at that time will equal $ @125.


Other fees due at closing:


@124.


Dated: _____________________________________







________________________________________________________

LENDER, @001


by an authorized officer