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.,s�.� ; - '�---_- _ _—__ ---. - ;,�„,��.�� _ � � s7� s.o� It the umountt hetd by Lender for�scrow Itemis excad the unounts permitted tr�br Aald Dy RE.SPA, I.ender sAill nccaint to Borrower[ur ihe eaces��+�s required by RESFA. If the anwunts a�'parxra� h,�l�by T..ender at Any dme an not sufRcirnt to�y tde Facrow[tems when due. L.rnder may naify the Borrr�wae�rnd rcquire Borrower ta make�p the sLo�t�c at permined by YtFSF�A. Thc Eacrow Fund� u�e pled�ed a addltlon�l savrity for �Il sunc� socurod by tfr'.n S�curir,y In:un�ment. 1f Bormwcr teaders to L,eadcr the full psya�t of nil such sums, Borrowerb xcount ahuti�+:crec:iu�l wieh t�,e balanr.a remaiaia�[or�l! irutallnoent item�(�).@).+�nd (c)and wy mortg�e inaur�nc�preminrrn ir�r:�llment that L,a►dcr hna not bwome obligued. ro pay to the Secn�tuy. �nd LRnder sha11 promptly refWnd errJ excesa flatds to Bomowr.r. Immodiauly pdor to a fonxlo�ure sale of the Properry or its acquisiRioa by Lei�der. Ebnower'a �ccouut sh�ll tM credltoa with�ay b�lwoe remdaina for dA inualiments tor iteuu(�). (b).u�d(c)• 3.Applic�tio�ot PryraRs.All p�ymaus uader puasr�s 1 and 2�11 be�tir.d Dy i.endar�s foilows: �,,to the m�►rtj�a insuraxe premium to be p�id by La�der ta the Socretuy ur.t�o tbis ma�thly charge by tlie Sect�etuy instad of the m�nthly aactg�e insuranoe Qt�emium; �d.to aoy wca. spxial�ssasmeata. lewdiold pryme�na or grau�d rent�,ui�E fi�e. f�ood�d dher hwnl iawrant�e pnmiums�as requirafr �,to iataest due under the Nac; �,to amortiz�tion of t2u princip�l of the Note;s�ad FjQ,�,to lue�a due uader tbe Nae. �.l�lre.I�lood ud Otl�r�i�uard Iawr�oce.Borrower shill insure�ll improvements on�tbe Propecty.whethnr naw in exiataxe oc aubeequenQy arccod, ag�inst�nY huarda,caw�ltles.u�d coatingeati,:s.i�m�cludiea fln,for wtdcti I,ender requires inau�. 'Nis iasutance shall be munaiAed in th� �tnounts �od fix t5e periods tbat I.,cadcr requirea. Bomowa sh+�ll alao insure �ll improvemena on the Propetty. wb�ther uow in e�inoence oe subsoqueady erocted.aa�init loa�bY tloods to iha extait tequired by the Socretuy. All insurance ahat]be tutfed wich cotto�fu�ics �pproved Ly Leader. 'Ibe imurana policip�ad�ny ren�w�la alull bo held by Leader AM sh�ll ioclud+e lose ptyai►In clauus in fava of,u�d la�torm�oept�ble to, Lendea. in the event of losr,Bortowa stull give L,eackr immodi�te mtice by maii.L�eader may no�te proof of losa if nnt pa�d�pmmptly by Bormwer.F.ach insurana company canarned is hereby a�t'�orizM aix!dis+ectt�to r�±.trti paymr.nt for such lau diroctly to I.ender,uutaci of to Borrower �nd to I.eader jointly. All a my p�rt of the imur�u�oa pc000eds¢n�y be�pplkd by Le�ler. at ita optiou,eittKr(a)to�e raluc,tiion of tlye iadabadiocaa uader tbe Nota aad thii Socurity 1�utcua�eat,firn to �ny detinquait sunounta appGad in the o�da in par�gra�h 3. snd tbea to pnprymoat of pr[ocipal.or (b) to the nuc�txion or repair of the dun�god Pronerty. My appliaallon of the prooeed�to tbe • principal atWl not extead ar postpax ihe due date of the monthlY P�Ymenu which ace se&rrod w in ps�ngr�ph 2,or ch�pae the unouat of such pryu�ents.Any excess insnruia pcocoeds over a amount requiroel w piy all outa�ndiug indebtednps w�der the Note wd thls Securiry Instnuneat sh�ll be ptid to the enUty legatTy eatitkd thereto. Iu tbe eveat of foreclosure ot this Sa.�urity Inam�ment or other tr�oafer of dtle tQ tbe Pr�o�aty that extL�guiel�e� the indebtedneas, all right, dtle wd interat of Bormwer in and to inauraoa polic�cs in focce shall Qas+ to the purch�ter. S.�tloerp�oc.y, Preserr�ia,M�Iatemaa aad Arote�it�n ot tl�e PrapeetY:a+�'rower's L,ou AppBcNtlbnt . LereYolub. Horrower�all oocupy,atablish. �nd we the Prop�rty as Borrowa's princ(paI rai�deuoe within slxry , dqrs aftu the aaxution of thia Sxuriry In�wment (er within siaty daye of a luer�e or taa�ufa of tUe Pmperiy)� � � u�d sball continue to oxupy tt�e Pnoperty�s Borrawa's princjpil reaideace for�t kast onc year afta the date of oocupmcy.w�les�Lender�qercnines thu roquin�ment wlll cause und�w:hudsbip fer BcxrowEr.or nnla�extenu�NnR cinvmntmca exist which uc bryc�cd Borrowcr's conmol. Aorrower shall notit�r i,ea�rr oi �ny axtcnunting ctrcumat�.Homower sh�lt not commit wwta or destroy,damage or substanti�lly c8nnge t3�e Propercy or allow tlio Pmperty to dettriorue,reasoaabie weu and tCar eacepted.I.ender may inspxt tha Ptaperty if t6e Propecty is va�wl� oc abuxloioed or[Le lwn is in defa�lt. I.ender mny t�ice reason�ble s►ction to ptotect m►d pnserve surlh�acant nr �4lefME)�rewi.o� r.o.a a e �u.t,:,�;� 1 1. � ��l« ,� e• �►• _-- �� -=_ --_—_- -- - ---y.._.�_. ----