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<br />Two-thirds (in principal amount) of Mortgage Loans originated
<br />to finance Single -Family Residences located in Targeted Areas
<br />are subiect to the income limits set forth above, with the
<br />remaining 1/3 subject to an annual income limitation equal to
<br />150% of t} -.e applicable median family income subject to
<br />redetermination by the Authority as provided above.
<br />"Mortgage Certificate" shall mean a GNIMA Certificate or .a
<br />Fannie Mae Security.
<br />"Mortgagor" means any person who has a present ownership
<br />interr�st in a Single Family Residence subject to the related
<br />Mortgage and/or executes the Mortgage (but does not include any
<br />person who exf-utes> only th,t Mortgage Note as a cosigner or
<br />;uarant_or and wf;rl dr r; not h:Avr-• ,a present ownership interest or who
<br />doer. n.tat_ ,-r...-cute th.- M'.at-gage Note although executing the
<br />Mt)r tgarle) .
<br />"Mortgagor's and Seller's Certitic&tionsa means the tons of
<br />Mortgay>r's Certification, Mortgagor's Affidavit, and Seller's
<br />Affidavit, substantially its the totV attached to the Origination
<br />Agre,orwnt .
<br />-Otter to Originate" +.assns the Offer to Origlaate Single
<br />Family Mort gage Luac s and as�r allodmont.e thereto pisstts>ett t0 Balch
<br />a Part i r i paint of!* r a to origlaate Mortgage Lamm is ao vwdettoie ttl t o
<br />t t:;vI*S''r,y � I t t.r 0r1,9LdM{tlpq Ag.Tessegt .
<br />'urifiratium wqresssate means. collectively. the eartee A
<br />w stgPlaret theme
<br />Nias4"
<br />meet eet to M%~ taw oK
<br />4%
<br />lis:n-iAla s<tPt
<br />{L^'A,
<br />1 or 2
<br />3 or More
<br />I or 2
<br />3 or
<br />Family
<br />Family
<br />Family
<br />Farr ily
<br />iit<IISLf:Z$
<br />MembEL7;
<br />tea.. LfZ.`L
<br />Citrus County
<br />$40,000
<br />$46,000
<br />N/A
<br />N/A
<br />Escambi.a County
<br />40,000
<br />46,000
<br />$48,000
<br />$56,000
<br />Gadsden County
<br />42,900
<br />49,335
<br />N/A
<br />N/A
<br />Hardee County
<br />40,000
<br />46,000
<br />N/A
<br />N/A
<br />Hernando County
<br />40,000
<br />46,000
<br />N/A
<br />N/A
<br />Indian River County
<br />40,400
<br />46,460
<br />48,480
<br />56,560
<br />Leon County
<br />42,900
<br />49,335
<br />51,480
<br />60,060
<br />Marion County
<br />40,000
<br />46,000
<br />48,000
<br />56,000
<br />Okaloosa County
<br />40,000
<br />46,000
<br />tV/A
<br />N/A
<br />Okeechobee County
<br />40,000
<br />46,000
<br />48,000
<br />56,000
<br />Santa Rosa County
<br />40,000
<br />46,000
<br />N/A
<br />N/A
<br />St. Lucie County
<br />42,700
<br />49,105
<br />51,240
<br />59,780
<br />Walton County
<br />40,000
<br />46,000
<br />N/A
<br />N/A
<br />Two-thirds (in principal amount) of Mortgage Loans originated
<br />to finance Single -Family Residences located in Targeted Areas
<br />are subiect to the income limits set forth above, with the
<br />remaining 1/3 subject to an annual income limitation equal to
<br />150% of t} -.e applicable median family income subject to
<br />redetermination by the Authority as provided above.
<br />"Mortgage Certificate" shall mean a GNIMA Certificate or .a
<br />Fannie Mae Security.
<br />"Mortgagor" means any person who has a present ownership
<br />interr�st in a Single Family Residence subject to the related
<br />Mortgage and/or executes the Mortgage (but does not include any
<br />person who exf-utes> only th,t Mortgage Note as a cosigner or
<br />;uarant_or and wf;rl dr r; not h:Avr-• ,a present ownership interest or who
<br />doer. n.tat_ ,-r...-cute th.- M'.at-gage Note although executing the
<br />Mt)r tgarle) .
<br />"Mortgagor's and Seller's Certitic&tionsa means the tons of
<br />Mortgay>r's Certification, Mortgagor's Affidavit, and Seller's
<br />Affidavit, substantially its the totV attached to the Origination
<br />Agre,orwnt .
<br />-Otter to Originate" +.assns the Offer to Origlaate Single
<br />Family Mort gage Luac s and as�r allodmont.e thereto pisstts>ett t0 Balch
<br />a Part i r i paint of!* r a to origlaate Mortgage Lamm is ao vwdettoie ttl t o
<br />t t:;vI*S''r,y � I t t.r 0r1,9LdM{tlpq Ag.Tessegt .
<br />'urifiratium wqresssate means. collectively. the eartee A
<br />w stgPlaret theme
<br />Nias4"
<br />meet eet to M%~ taw oK
<br />4%
<br />
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