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<br /> .- ,.-�� • Ii tho azaounts held by 1.EUdet i'�c t�carqw Itema exceed the amounta permitted to be held by RBSPA� Lender
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<br /> , ahall acoount to Borrowet for the e�r�ass fuado us required by RESPA. It the amounts of t�nda held by Lender at aAy __
<br />.,; t„ � timo am not suffiaient to pay tba Eaamtiv itpws when due�LCAdCP A18y AOdfy the BOTiowet end tequlie BOt[o�vet to �-
<br /> "�'� make up the shortago aa parmitted 6y RFSpA.
<br /> -'�= Tb� 8scmw Funds ane plesiped a� additional secudty for all sums secured by this Securlry Instrument. If
<br />}���� Borc+ower tenders to L�ctder tha full puyc4sat of all such sums,Bomowcr's account shell be credtted with the balence
<br /> :�� remaining for.all instaUm�t,ita�nas(a).�(b)�and(c)and any mortgage insurance premium iastellmenc that L�nder has
<br />--� ���. not bxome obligated to pay to• t4a. S�natary, and Lender shall promptly reit�ad any excess funds to Borrower.
<br /> �;,��:: WAmedlately prior. to a foreclaFatro salo of the Progerty or its acquisitlon by i+ender, Borrower's account shall bcs --
<br />^ '�`�� credited with any b�isaoe remsdaing for a11 iustallmenta Por items(a),(b)�and(c)•
<br /> t`_;"�". 3.A Ucatlon of PD ents.All te under hs 1 aad 2 shall be lied b Lender as follows:
<br /> ... PA � P�►� P�S�P aPP Y
<br /> -�•��� Fj�.to the mortgage insusance premium to be pafd by Lender to the Secretary or to th�m�mtLly charge by the
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<br />—�-�� Secreeary iastead of t�e monthly mort�age insurance premium: -
<br /> __=— ,�Q. w uny ta;.�, sgeci�l�eats.le�ald payateuta or ground rents,and flra.flood and other hazac�d
<br /> ��.�:�� inauranct premiums,es cequited: .
<br /> '":��?�;�'�. Th3rd.w intenst due under tha Note;
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<br /> _ �_� +��,to amotd�don of the princ�pal of the Nou;attd �
<br />.�_��� FI�h.to late charges due undet t3�e�1ote.
<br /> 4.FYre,Flood aad AtDer I3�Cl insurance.Bomower shall insure all improvements on the Progerty,whother
<br />;:��'4� aow in eaistcnce os sutaseQuently �aected,against uny hazaMs,casnatfles,and contingencies.includiag lire,for whtch
<br /> - ------ Lender requires insuranx. 11us insivaace ahall be maintained in the amounts and for the periods that L�ender ,
<br /> _- requires. Borrower shall also ia.su�e ail impmvements on the Property. whether now in existence or subsequently
<br /> �� eratcd�aBainst loss by Aoods Ya!De extent requind by the Socretary. All insurance shall be carcied wlth companies
<br /> appmvcd by Lender.The insucana policies aad pny renewats shall be held by Leader aud shaU iaclude losa payabl�
<br /> - clauses in favor of,aad In a form axeptable w.Leader.
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<br /> In the�vent uf loss,Borrower shaU give L,ender imme�late notIce by mait.Lender may malce proof of Iosa if aot
<br /> --- made promptly by Borrower.Each lnsuraaco oompazry oonarned is hereby aad�orized aud�at tv ��---�s3�t =
<br /> . for suclt loss dtrectly to L�ender,instead of to Bomnwer aad W Leader jointiy. All or an,y part of the iASivapce
<br /> = prooads may be applied by Leuda, sit its option,either(a)w the reduction of ttce ladebtodnesa under the Note pnd
<br /> _ -� thfa SoaEaity It�tr�amsnt.ficst to aay ddinqnent amounts appliod ia the order in pat�aph 3.and thea to PnPayment
<br /> of prindpai� or(b)w the nswaailon or npair of the dau�aged Properil+• �►Y �PPHcatton of the pro�ds w the
<br /> ptincipal shalt aot e�tead or postpone the due date of the monthly paymenis which are referred to tn paragraph 2.or
<br /> -= chaage tha amouat of such paymeaks. Any excess iasurance procee�ls over an amount nqutned to pay all outstanding
<br /> - indebtedaoas under the Note and tlda Secudty Instmment shall be paid to the endty IegaUy eatided thereto.
<br /> Sn the event of fonclosure of this Secudty Inasroment or other transfer of dtle to the Property that e�ctin8uishes
<br /> ..9= the indebtalness. aU rlghx. tIde and interest of Borrower in and to insuranoe poIIctes ia force shall pass to the
<br /> purchaser. .
<br /> S.Oocupancy,P�cservatton,ld�iniateaance atcd Pibtedton oi the Pt+nparty;Borrowm'e Iaan Applfcatton;
<br /> � Lwsrholde. Bomower shaU ooc�py. estabUsh.and use the Pcoperty as Bormwer's prtacipal nsidence withla aiaty
<br /> days�r the execudon of�this Saurity Inst�ume�u(or withia si�cty days of a later sale or uaasfer of We Froperty)
<br /> ----- and sLall aontiaue ro eccu�r tlie Prope�ty as Bomuwer's prIncipal residence.for at least ono year after the d�e of
<br /> - occupaney�unless Leader detamnines thai requirement aill cause woutue haMsliip�for Borrower.or naless eatanv�ing
<br /> eir�umstanoes wcist which ere beyond Borcower's eonual. Bortower shall notlfy Leader of any �actenuat�ng :,:
<br /> __°° circnaost�noes.Borrower r,halt not caanmit waste or desuoy.damage or su6staadNly dianBa the Property or rllow the ,
<br /> Property w deterIorate.reasonable wear aad tear exapted.Lender may inspoct the property if the Proptrti►is vacaat
<br /> or abandoned or�he loaa.ia ia de,fault. Lender may talce reasonable aaioa to protat aad prresserve such vacaut or
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