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<br /> f Leader for Escrow ltems exceedihe aznottnts permitted co bcheld by R�SPA, I.ender S,•.
<br /> t lf the amounts held by I. ��;=�
<br /> ..y+�'�•' shall account to Borrower for cho excess tunds as required by R�SPA. If the amounts of iwds held by I..ender at any ''•'—
<br /> •• �-��•'�'`' time are not sufficient to pay the Bscrow icems whcn due,I.ender may notify thc Bon'a�'er and require Borrowar to _ -
<br /> make up the shortage as permitted by RFSPA. ;:-
<br /> Tha Escrow Funds are pledged as additlonal security�fo�rroweirn's account shall�be credi ed with che balance '. :ti`_:--
<br /> gorrower tenders to Lendcr thc full payment of all such su --
<br /> remaluing for all installment ite�e)�ietazy,��nd u a�r�l p pt�Jy�nfund any ez�cess funds to Borrow r�. �
<br /> � not become obligated to pay to or j�y�qu;sition by Lendet, BomoW�r�g ac�ount sha11 be
<br /> +� ►mmediately prior to a foreclosure sale of thc Pcoperry __-_
<br /> � cralita!with anY balaace remaiuing for all instellments for ite�Sal��d Z shall be appliedby Lender as follows: ,•--
<br /> � 3.Application of Ynyments.All paymcnts under paragnP or to the monthly chazge by the �;
<br /> ,. �.to the mortgage insurance pnmiu�►to be paid by Lender to the SecretaiY 6:
<br /> �� e insucance premiuin; Y"�
<br /> S�cntary instead of the aiontlily uwrtBaB
<br /> ' �p�,to aay taaes. spoclal assessmeats.leuehold payments or ground rents�and fire,flood and other h
<br /> ' insurauce pnmiums�as rMuittd:
<br /> �j�,co inter�st due under the Note; _
<br /> ��_. Fourth,to amortization of the principal of the Note;and
<br /> �,to late charges due under the Note. ��Wer shall insure a11 iu�►Proveaxnts oa the Property.w+�►��er =
<br /> 4.Fire,�lood end Other Htu�����•
<br /> now in eaistence or sub�en�se�t���1 � �n�� ���e ��t�nnd tor ihel periods that I.�nder
<br /> Leader requires insuran whether now iu existence or subsequeatly
<br />_ ; requires. Borrower shall also insure all improvetnents oa ihe ProP�rtY�I insurance sl�aU be carded with compmies
<br /> � erecced.again�t loss by floods to the ext�nt reqtdred by ttie Secntary•
<br /> • ' aPpmval by Leader. TIlC II1SIlTSIK�c.1�8�I�.iw�d say r±+newals shall be held by I.ender aud shall include loss payeble
<br />� clauses in favor of,and in a form accePtable to,Lender. �e proof of loss if not
<br /> In the event of lou. Bocrowar sha118ive Lender immedi�e�n is benb��°°d ���tO��pa��
<br />:L f...;:. ,• . ��prompdy by Bocrower.Each insurance company All or any put of the insnrana
<br /> ^„' '�"- for such loss directly to Lender, instead o£to Bonower and to Lender jointly.
<br /> �A;�;;r; .��,�..y, �s�y(x applied by i.ender.at its option. eittur <A)to the recluc6on of the indebt���t p�a��
<br /> - p Insuumeat, firs�to any delinquent awounts apPlied in�e order in paragnP _
<br />�..;�:'%=':�;:= this Security liaczoa af che proc�s���
<br /> j� • �"n�- of principal. or @) [o the restoration or repair of the d�mAged �menta which are�efecred to in par�Srap
<br /> -:`^, '":*•' principal shall not extend or postpoae the due date of the montWY P Y a ��tswidin6
<br /> y`�.:.,• .:,..� excas i n s u r a n c e P�s over aa acnouat rcquired to P Y
<br />':' " chaagc the amount of such payments•MY
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<br /> �:�`,�`;�+l�, that extinguisbes
<br />�,y��.�;,,"� indebtedness under the Note and this Securlry Insaument A oi�tb�dmn.�e�d eeg�� �PcopertY �o.
<br />_::,.;�r.�r�'�s .- In the eveat of foreclosure of this Security Insuua� licks in fom shall p�ss ro tlue
<br />_=-`�-�E�:�-, the indebtedness. all right�title and interest of Borcower in and to insurmce P�
<br /> + 11caUon;
<br /> _�:':�;�M1, purch�ser. �,�,Qtion,Maintcaance and Protecdon of the Prol�e�tl+ Bo►'�°ser s I.o�n�PP
<br /> 3,.�;;�-�: . 5.Oocuponcy establish. and usa the PropertY zs Borrower's ptiacipal residence wiUiln sixcy
<br /> ,_,��.+; ���5� gurrower shdl occuPY• I��nt(or wichin eixtY days of a lacer s�le ar transfer of the Prop�nY)
<br /> — �t�,�;; days after the execution of this Securlty ���wer'�principal resideaa for ae l�t one year afi�r the dat�of
<br /> �"�.�;. and shall continue to occupy the PropertY
<br /> ''�`'�i,.;��. occuWu�cY•unless I.ender decer[nines that requirement will cause undue hudshiP for Borrower,or unless extenuatin8
<br /> �-�.�-L.:.�� o n d B o r r o w e r's c ontrol. Borrowor shall notify Lender of �Y o r a ll o�e
<br /> circumstances exist which are b�p
<br />_.�""' � .`• � circumsta�ces.Bnn°wer shall not commlt waste or destsoy,damage or substanti�Y���f���� i�vaGat
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<br /> .-.Y�=� � property to deteriorate. reasoaab��W��d tear excepted.Lender may
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<br /> oT abandonal or tbe loan is in default. Leader may����le action to protac and preur�� s�c v�' or
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