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1 <br /> � <br /> � . _....,_ ._._ _ <br /> � � S'.'K�,��IL1�'.��1'.�:�.�e!rCufihtKBGSi�►�i.1k1'i�Xdi�i�5%s�u�---�y•...._.. <br /> ". .1�.L...�:._—_-=`_'- _ -'- .- -. . <br /> . . 98- i�)�►�9 <br /> II[he unouata held by L.eader for 8scrow Items excad tho ataouna pernuttrd to be hdd by CtASPA.lxnaer <br /> sb�ll nccaunc to Borrower for tbe cxcas funds as co9�ired by RESPA. lf�he e�twunu of[unds held by Leades at any <br /> time ue not sutHcieat to puy dse F�crow ltaau when due� Lxsder msy nodfy the Bc�rrow�er xud requi�e Borrower w <br /> m�.ka up the s}x►rtage as permiued by RBSPA. <br /> T4e Bscmw ��aad� are plaJ�ed as addiaonal securlty for ull sums secured Gy chis 5ecuriry Iusrnunent. If <br /> Borrower teaclers to L�ender the full p4ymenc of all such suma. Borroaer's�ccount s1W1 be credital with�he balwce <br /> m�oainin�for�ll iastallmenc Items (�), (b), wd(c)and anY mongage ianua�e pranium iwtallment that L.ender has <br /> aot bxame abligated to pAy to tbe Sec�etary. aad u�er sWll promptly refund aay excess fw�ds co Borrower. <br /> Immedtacely prIor to a foreclosure ula of the Pmperty or its acqutsidon by L.ender, Borrower's accouat sh�ll be <br /> crediced with ang baia�e re�aaania►g for alIl i�callmea�s fcrr lteens(x).l,b?.and(c). <br /> 3.App�lattan of�yme»ts. All paymecus�wdex Q�u�gta�b�s 1 a�i 2 sd�ll be agplled by 1Gea�cler as foi��wx: <br /> �,to the moctgage ins�u�ace Qremium ta be�SUd b�y L�enckr Ro t!►e Seca�t�oc to che mo�ntt�d�r chuge b�K t�►e <br /> See�tu�r instea�t of tbe t�tv�r��L�r mottgage insurance�exe�iaunc <br /> ,.��� r,a a�,��Raxcs. sp�c�al acsea�u.,leu�lio]�3 paymeats or gra�und rentq.and fire. s,c�ad auc�.a�ia��a�arcl <br /> j�5yrramyC��Ti•mittms,as tequit��; , . � . . <br /> � �,ta inteaest due unikr t2zi Na�e; �� .. , • <br /> � ',, �,�,so arr�n�aaaon o i th�pria�ipal�03 3R�Nate:tmal <br /> F�31la�d�la¢c c.�'�?es ih�e �z�3iz Note. . . <br /> 4.FEne;Ftoca�cl'iuHt Othac Aax+�rfil ai�v�a'urat.�Bo�.."ma'c�'r�s�illL insure all imprave�neats on the.P�peny.wluther <br /> now In exisuclncz�r subsequently erecte�!,���a+�t aay h�zarAs,cuuxl�ies,and condngene,ies.including fue.for w}deh <br /> iaa�cr r�tites �a.su.reace. T!i!� �na�irnnr.e ahall be m�innlned in the smouats xad for the Perlods du�t I.wder <br /> nqu�s, gormwer sba11 also imuYe all improvements on the Property, whether mw in exlstence or subscq�ently <br /> erected. aBatast loss by Qoods to t1u eatent nquired by the Secmary.All Iasurance s1w11 be curied wIch compwies <br /> ipproved by I.ender.TLe i�u�nce polictes wd aay renew�la s�l be held by I.erxler and ahdl iuclude loss psyabie <br /> cbusa in fivor of,snd In a form accepnble to,Lendcr. <br /> In�Le eveat of loa�.Borrower�11�ive I.emsr Iaame�Wce nodce by m�il. Lender may a�lae pcoof of laa lf not <br /> m�de P�PaY bY Horrower.E�cis insur�nca comP�Y cuaoecaed is hereby wthoriud aad direcwd w m�lc�P+►Ymeet <br /> ,�. � t�dirusl; to L�. is�►.,n �f rn Bc+rrower a�i m Lender IoInt1Y. AU or�ny pact of tLe laaraoce <br /> proceeds may be�pplied by Ixadtr�u Iq oPdon.eitber ta)to tba roducdoa of tbe lndebtedoea undar t6e Noet aod <br /> tb3s Securicy Iaitn�mwt�tirn w�ny delinquaat�moum�ppliod la the orda ln p�us�nph 3.aod ihea w Pt'epaymen <br /> of psincip�l. or (b) w �be cestoradon or c�epxir af the d��ed prope►tiY. Any�pticadon of tLe proceedt w the <br /> Principal aLall not extend or postpone the due dau of thn montLlY P�Y�nta wLich are refeued to in pan�raph 2.or <br /> c1�an�e the amount of s�psyme�ats.Any excess insurance piocceds over�a amouat rr4uulrod tu p�Y�11 outatandin� <br /> indebaciness w�der the Note sad thie Sccudty Iustmmeeoc stnU be gaid w tLe entiry le�ilY enddod thereW. <br /> In c6e event of foreclowre of thls Secudcy I�enc or aher trmsfer of dde to the Pmperty thit eztiuSuishes <br /> the Ind�eboed�ss. nll right, tide and interest of Borrower Ia �nd to i�uarmce polictes in fo�e slWl pass ro the <br /> �S. powpancy,Prasec�ation,Mwintenana aad Protedton ot the Prop�+tli��'�s Lo�n APP11ed1oni <br /> Lc+aubolds. Borrower s1Wl ucarpy,arahliah. and ttsc tbe I'toperty at Bormw�er's pd�Ipal resideace w'stbin sixtp <br /> ' dn�s zRer t�►e exxudon of ilus Socudt�Xnt�aenc(or withln sixty dtps of a later a9k or�a of the Propecty) <br /> � .�tid'�Eall�pnti�awe to oocupy tbe �opbrt�r �s Bomnwer's ptincipal re:sidence for u ir�st oq�e Ysir aRer tLe c1�ue of , <br /> ".!..:i'1 i <br /> ;';.;::_; �,_�-� �'uD��Y,;t�nZcss Lender determina th�t roiluirm�ent will cw�e wxt�e hard�hip for Horroaer.ar unless ea�oa�atin8 <br /> �l', , �: � �i�eu�Wnc�.a adst w6ich ux beyond Boxrower's cofficol. Baerower stnU nocify Leader of any ex�iqC <br /> ' �' ' circomscwices:Borrovrer shill not commit wsste or demoy.d�m�8e ar sabat�ari�lly c�w8e We Px�opertY or ailaw tbe <br /> .� Pc�opercy tb deterlonte.rasomble wear and tar e�ccepced. Lender may Impect the property If deC Property is vaeant <br /> or abvud�000d or the loan ia in defiult. Lerxkr may ulae iaisonabk xtioa to procecc aAd pnseive such vac�t or <br /> �•4RSNE1�f�o�r.o� ray.a.e� wu.a:� <br /> m <br /> � ro•�,» . <br />