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<br /> �<`� If the atncuats held h�y Leadcr for Escrow Items exceod the amau�s permitted to be held by RFSpA.I.ender
<br /> �-`. , ( shaU ec�ottm tn Borrowec for the cxoess ftuids as re�dred bi►RBSPA. If the amoums of�s held by 3��,aay -_'
<br /> . E . ,.� . { [ime are aot suffident td pay the Bscrow Itema when due. Lender may aotify the Bornawer aad:equ�e Borrower to
<br /> � ;..� . ma�e up the sflortage as pem►itced tiy R�SPA. � � �:,=�-
<br /> = The�sctomr Funds ase pledged as additional s�urity for aD sums sewred by tbis SecurIty tastmment• tf c_-_
<br /> .. �.`�;' .'.� :i;�� Eomnwer tendera to[,ender the fuil paymeut of al1 sach ssims.Bormwcr's acooant sRall be ciedited with the bal�se . �;_-
<br /> �'`` , �..'�i � �cmaining for�Ii instaltment items ta).(b?,aad(c)and aay martgage imstuaace p�emium in an,n�„t ti�iender has F::.�_
<br /> ;�' . ,` '``;`�`� � not bec�me o�l��w,PaY tu the Setreta�7+, and Lender shalt promgtiy c+efund a�y e�ocess timmds w Bonriwer. E:=::-
<br /> : ��.• �, �=`. ��, � , imme8iatetY Fanr to a foreclosure sate of the Ihupecty or its amquisittori<b3►[xnd�r,Borrower's acconnt shalt be �---
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<br /> . ��' -' ,�;� c[edite4 wlth any balastse remaining for all iastaliments for Items(a).(b),aad te)• _
<br /> � 3.Appltcattoa oY Payffieais.AU gayments under patagcaphs 1 and 2 st�ali be applied isy Lender as foliaw� . �•:-
<br /> '"` pr�mimn w be b I�er w the Sera�tary as ta the mantbly d�azge�8�
<br /> f. �i ,to the taortg,age insurarrce p� Y ��`:`
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<br /> � �,. .;i. Sscretary insteaa of che monihly�nr[g�,Qe insu�oe pse�: � � _
<br /> `.�._.._'T`��:�.: �a,to�ny taxes.sPeciat ass�,lea�hoM pa;ymenss or g�rad t�ss,�fu�,flq��other ha�rd . �
<br /> .. .: _ .;.�� inswaace pterniums.a4 reQuired: . �
<br /> � �j�,to iateresc due uader the Nate: , -
<br /> . � �Y� � g�unh.to amorti�ation of�he principai of the Note;and . ' � `
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<br /> � � �tq late charges due under the Note.
<br /> 4.�k��oA�n�t�thes HamrB Ias¢�tce.Borcowet shaU insure ali impmvemenis on the Prnperty.whether
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<br /> .: � � iacluding�.forwhich
<br /> • �..:�,';_.._��: , .n4w fn existe�ce or subsequeatly er�ted,ag�inst aaY ha�ds.�uatdes.and aoatfiagencies, _^
<br /> '� `' � ' Lendet requires tnsuteace. This ip�urauce sball be maintained i� the amouats and far t�e pecYads that i.en�et --
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<br /> ce�uires. 8orrower s�al1 also iasure aU impmvemenu oa tha Pmpeny,whether now In existence or subseguentty -
<br /> � � , er�tecl.egatnst[ass by floods w the ext�nt required bl►tII�S�cceta�Y.AU insura�sce st�a11 be c�rEed with companies _
<br /> � :., eQProved Dy►Lender.The insurance Policies amd aay re�vvals shaU De�3d by I.eader and s1�a11 tnctpde toss payaDle .
<br /> �:� w: :' ci�usee ta favor oY.au�,ia a forni acceptamle ea,.Lender- . . ': ``�:'::: -
<br /> . . � ,� in the event of loss.Batmwe�sbaU give E�ender immediate notIzce by mail.l.�der m�y maTce i�f of loss if nnt . -
<br /> . . ' made pmmptty by Bonower.Eash insurance compaay concemesi Is hereby amhoriz�ct`�tc!direcced w malce paym.eflt �._°_
<br /> . �, for sach loss ditectiy w Lenaer, iaste�f of to 8ormwer and to Leader jointly A�i�:.nr any part of the ins�uance _
<br /> � pmcseQs may be aPPlled 1fY Len�er,at its�ation,ei�her ta)[o the�r�ioa of tI�e�ebt�uader the Note aad� � � _
<br />- � _ this S�urlty Iasuument�Wst to aay d�qr��;amounts apPlled in th3.�in paragrnpb 3,�d thea to preP�yym� ...
<br />� .�, :, '�. � oP ptiucipal. or(�) to the c�atoradoa or repait of the de,unaged Pmp$iiy. Any appHcadon af the�roceeds to cLe �_
<br /> . , :- i ' prindpal shsU not extend or postpnne the due date of tha a�onthlY Paymenta which at+�referced to in paragagh 2.or 6;.:
<br /> - change t�e smouut oi sitch payments.•�►ny ezcess insuramoe ptoceeds over aa amount.t�quired to pay aIl uatstantting 6_.
<br /> � i�debiedaess under the Note and this SecvritY Insuument sd�all be paid w the endry tegai�y entitted ttteceto. �±
<br /> � � . !n the event of fot�ctosure of this Security lasaumens or other transfCr of tifle co the Prape�ay deat e�nguishes `
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<br /> . .the indsbitAaess. all rigAt. dtte and interest of Borrower in and tm�.ipsurdace Poli�iea im fntoa�11�ass to the , ..
<br /> . ' •• � purctiaser. . . . ...... , , --
<br /> ..�' . S.Qccttpaa�y.Fe+��vatioa,Mtilmtepanoe and�+a2e¢tton oY ttt�e Pru�9;�o�wer's Loan Appltc�a►z+t �'`:
<br /> � � .�.: �� Le�sclt0tds. Borrower shall oocupy,establish,and use the Praperty as Bo�socse�'s prtncipal r�sidence wIthiu sixiy , .�..
<br /> '. days titt'tet ttie eaecutlon of thia Sei,vritY Iasuument(or witL9n sixry�qs of a later saIe oi traasfer of the Ptoperty) . __
<br /> _ � � . attd shu11 continue to occupY tTte FmP�nY as Bam�wec's priucipal r�snce for at teast one year after the date of . ---
<br /> - • acctyp�ncy.unless Lender determinea @at requlrement wLl}cause vndae hardship for Bomower,or untess exten�8 . d= .
<br /> - • � cipcumstaiioe� eaiae whfab ac� beyond 8orrower's ovntrol. Bormwer shaU nadfy� Lender of any e��?.�B - -
<br /> � ' � � circumstam�a.Borrotiver sbatl not oommit waste ar desuay.demage or snbstandalty cHaage the Praperty o:alta�v 8�e �__
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<br /> � � Pro pa r t y to deteriomte�reasonable wr,as aad tear except�.l.sader may iaspeet the PcapeccY if the PmyatY is vacaat
<br /> � or nOanQancA ot th�loan is in QefaWt. LenQer may take:easo n a b le a a ion to prot e c t m W pres e i v e s u c l i v a c a n t o r .
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