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<br /> . � IY the amounts held by Lender for Bacrow Iteu�eacee�i the amounts permttted to be held by RBSPA, Lender �
<br /> �� ..� ' shull account to�3omower for the eaoess fUnds os requic�ed by RESPA. tf the amounts oi flucds held by Leader nt any =
<br /> -• �� time a�aot sufScient to p�y the Bss�w Items when due,I.ender may noti$r the Barrnwer aud requira Bore�wer to �
<br /> � � �'��' make up the ehorta�e ag petmitted by RBSPA. _
<br /> ��-�-�t. The Escrow Fuads ara pledgod a� ¢ddltional seeurity fot a17 eums securcd by tble Security inuteumeat. !f _..
<br />-. ''•^ � Borrower tendera w lxader the fltll puyment of a11 such swns�Barrower•s aocount shnll be ct+odited with the balance
<br />-��. remainiag for alt iastNlmeat ftetas(u).(b).and(c)and uny mortgt�e iusurAnce premiuw iastallraent that I.e�nder has
<br /> __ not bxome obligated to pay to the Sxrewry. snd ixnder shall pmmptly retLnd nay excess funds ta Borcower.
<br /> ':�,�� Immedlately prior to a foreclosure sale of the Property or its acquisition by Lender. Bom►wer's account sha11 bs
<br /> ,�� ;� crediud wItL aay batence reanaiaing for a!l iasts�111mmenta for items(a).(b)�and(c).
<br /> ,�; r�,: 3.AppltcaHon oP I'aymeats.Ali paymenta uader ParagraPhs 1 aad 2 shnU bs agplted by LEnder as follo�vs: -
<br /> -�-"�=�'�• �.to We mortgago insurance premium to bs paid by Lsaider to the Secretary or to the monthly charge by the
<br />•'R�Y�Pk° Secretary tnstead of the�onthly mortgage insw�ctoe premiwa:
<br />':`'�-;.+r"' �a ndi .to any taaes.specIal essessmems,leasehola paRyraenta or grouad renta.and flre.flood and other hazand
<br />:::�:,:u. � insutanx ptemtuws.as requiced: -
<br /> _�,`r;. - �hlyd,to inta�.ct due aader We Nou;
<br /> x�.-� Pnurth,to amonti�atioa of the priacIpal of thB Nare;a.��
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<br />"�f'��:'+•'=�^ �to late charges due uader the Note.
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<br /> =--- 41.�e,�ood and Other Ha�rd Insw�anee.Borrow¢r s1`��ID�sure aU imgr�ve��a�o l�cm�+e�►.a�rhether
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<br />_r::,,�� t��nr iu¢xisteace or subsequentiy erected�against any�ar.�r�s.�a�ldes.and cQn�g¢acies.iu�l��rg�.ff�P which
<br /> --�— 3a�der requires insurance. This insurance shaU be s�aai�►� 3ne the amounts aud for the peaia�s ¢�.ac A.r�n�ler
<br />�;,�„ . re4uiz¢s. �irower shaU also lnsure all improvements on tha P�ro�ty, whether now in exest¢ace or subsar4�xae4ly
<br /> erected,a�mea�st loss by flaoda to the extent required by the Soc�:2ra�r.All insurance ahaU be cz�t�d wIth oompanies
<br /> -�^'�^�"� approve�@��LEnder.The insurance pollcies and aay ceaewals sbal��e�held by Lender and slhall ficnclude loss payable
<br />:,;�'� cluuses in fivor of,aad iie a form axeptabl�to.Leader.
<br /> -.,� In the evemt of l�ss,�rroaer shall give Lender immediat�notice by mail.Leau�a'maY malu:Proof of lass if aot
<br /> :�:"=� nutde gnm�tly by Bo�an�er.Farfi insuranoe oompany ooncemcd ds hereby authori�and directed to make payaunt
<br /> for sur� d�ss djrxtly m Lender. instead of w Bomnwer and m Breader joinQy. AU or amy part of the insurancx
<br />._�,..�:�� P�S�3►�aPPlted by Iwender,ac ias opaon,ei�her(a)co ma ze3uciimi�,°the i�debi����sdcr th:.Max affi _
<br /> this Seeurity Instn�ment.first w a�r deliaqueat acmoun4s applied in the order in p�capb 3,a�a23 then to�►�aya�ent
<br />-�~�° of principal, or (b) w the mstoration or repair of t�dtxtnaged Pmperty. Aay�Application of'the gr�aat�"aa the
<br /> PrInctpal shall uot extend or postpona the due date¢og t�,a montblY Fayments which are nfera�t�►�p��Cap�t x.or
<br /> chaage the amount of sadi paymeats.A�+exaess insaran�ce p�s over aa amouat requi�s9 t��4jy all outatanding
<br /> indebudness uader the Note snd this Socurity Insuument s1�aU t�e p�d to the eatity legally eau��➢�dt luhxreto.
<br /> �—' 1n tho avent of forxlosuce of this Se�udty Instniraent or otheu aednsfer o8 cuDe W ihe Ph+p�rty thai axdnguishes
<br /> -_- the indebtedaess. all right. title aed iatenst of Borcower in and to insueana� �o3icios in foras sball pnss to the
<br /> punhaser. '
<br /> ------ . S.Oo¢opanqy Pre�vaflon�Meintmana and�+otedlon of the�rnpaty:Bon+uwet's Lo4n AppitaitEon;
<br /> �;;�i Lenseholtls. Botrower shall oa;upy,establish,and nse the Property a4 Bomower's priactpat nsideaae aithin si�uy
<br /> - :..:. days after tbc eaxution of this Sxudry Inst�ument(or wIdiin sixty days of a later salr or tiaasfer of the Prop�ny)
<br /> --- , m►tl ahall oonttnue to occupy the Property as Bomower's prlacipal resideace for ai least one year atter the daie of
<br /> �; . mcoupan�y�unless Lender determines tLat requirem�Rvill cause andue hardship for Borrower,or�nless extenuat�ng
<br /> .cT�eumst�id�s.exist wbich are beyond Bomuw¢a°s control. Borrower shall noSfy Leadar of any a�teauating ,
<br /> circumst4�nces.�on+�wer shall aot oommit tvaste ar desuoy,damage or substantially c6ange tH�E�.ropettY or allow the ,. •
<br /> " Property to ileterlorate.�rasonable w�ae a�tea�r�aceptod.Lsader�oay Inspect the Propeitgr n�th�T�roperty is v�aat
<br /> - -- -- - or ebandoned or We lonn is in default. Lender rr�y tate reasonable acHon w pmixt xu:fl gasEaerve such wacant or .
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