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� ��..M•.,5� _ — — - - -- - . 9$-lia� If the�mounu held by L,rnder for Earow ltenu excoed►he amnunts permitted to be held by R�SPA, r shdl�woount to Borrower for the exceu fwidi�roquir�d by RESPA. If the u�x�unt�of funds held by l.ender�t any time ue not�utficlont to p�y�he N.�crow Itertu when due. L.er�der mty notify the Borrower�nd require Barrow�r to aWce up the�bonye��pennitted by RESPA. 'I'he Escrow Fund� �re pled�r.d u �dAitionnl ucudty tor �II sums �ecured by this Secudty Instrument. If Horrewer tenden to L�enekr the iull pryn�ent of�II sueh cums,Borrowcr's aceount ch�lt be credit�wlth the balanee reaainin�for ull insullmau ftem�(al.(b).ud(c)md u�y mort�a�e inwrmoe prcmium fnsuJlman thu L.a�der ha� not become obli�wed to p�y to ttbee 5ecretuy, u�d I.ender shall picomp�ty rcfund u�y exau Ainds to Borrower. [mabdiately prior to � forxlown sale ot the Propnty or lu �cqui�ition by I.endcr, Borrower's account �hdl be credited with�ny balunee remdnint for tll insWlmenu for itertu(a),(b),�nd(c). 3.ApplkMioa of Pry�eM�.A�!p�yma�u under Par�r�pht 1 u�d 2 atWl be applied by I.e�sder as tollow�: Pjpj,to the mo�tpje insur�preraiwn to be paid by Lendor to the Socntuy or to the monthly cdu�e by the Secretuy ia:tead of the roortthly nart�qe inwrn�a premium: �.to�ny tua,apecitl�sseumena,leasehnld paymeata or ground rmts.�nd ftre,flaod�u�d other b�zu+d Inwranoe pretniums,�requirod; T11jd.to intere:t due under tde Note; F��,to amortiz�tioa of tbe principal of tbe Note;u�d Ej�,to late chana due under We Note. �1.FLY,P1ood�sd Otber f�wrd Iawra�ee.Borrowa stu�ll insu�e xll improvemealt on tbe PropFtty.whether aow in tacistmoe a subaoqua�tly eroctod.+�ain�t�ay har.ard�.c�w�ltiea��od oontin�exia.includin�Me.fix whicb L,epder roquirea uuuranoe. Thi� insuru�cx ahall be maint�ined in the uoounrs aad for t�e perjod� that La�er requina. IJormaa sb�ll vao inwre all inoprevc:neats on t6e Propaty� whaher mn in eaiueaoe or wb�equendY eroctod,qaintt lo�u by tloods to t4e racteat requiind by tl�t Secrotuy. Al! ia:uiance�hall be cartied witb ooaipania �pproved by I.eader.The i»sur�aoe policia aad any reatwals sh�il be held by I.enikr and�11 include bu pqable rlr�ues in favor of,and in a form�table ta,l.rnder. In tbe evau�rf las.Borrowa shall aive l.ender immediate notice by m�il.L,eader mry make proof of Iwr if not �Pro�Y bY Hotr�ver.Eadi iaairanoe compwy concerned'u bereby actbori�od aa�d dirocted w mdce prymeat fa such lou dinaxly co L,ender� insted of to Borrawer md w l.ader jouuly. All or any p�ct of tbe inauanoe p�ooeeds may be�ppYied by Lsr�der. at iu option, either(a)w tbe reduaion of the indebted�u uuda tbe Nde�od thi�Sewriry I�umeot.Mt W!ey dellnqueat�umouau�ied ia rac ordec in para�rapu 3,ao�u ii,oa iv F�q��u.G.i of priacipal� ur(b) w tbe ratontioa or n.pair of tlk d�ma�ed Progaty. MY applicatk�►of t6e q000eds w tbe principd�tull not extead or postpone tbe due d�te ot the monthly paymaus Mhid4+re neferred W ia paa�r�p6 2.or chan�e tbe�mount ot wch paymeats. Any exoas ianuaax proceeds ova an�mo�utt c�oquind w p�y d1 outsuodini indebtedne�a uoda tbe Note aod t6is Sacurity lnurumeat�hall be p�id to tbe eatiry leplly eotitled there.to. • In tbe evau of torecloiure of thi�Sccurity Instnu�eat or wha ua�ufer o[tide w We P�opaty dut extiu�ui�ha . the indebtedaes�, aU ri�6t� tide�nd intaat of &xrower in �od►o inwr�ooe pallcid in foece �h�ll p�s w tbe :ParrLner• . , •� �� 3. poe�p�w,7'.Yr+e�a��tl°�+ 1�Wdw�ce�u�d Pt+cteetfo�ol tbe Propaty:lw�owv's La�Ap�Ma�tioa; L��iolb. Barower:hall occupy, at�blith� �od u�e tbe Pnopefey.as Hocre�wer':principd c�aidenoe�viMis aiuy day�a!!a t�e exea�tlon of t6is Sxuriry Inurumeat(or within wiry'day�ot a later ale or tr�mfa ot the Pmpixty) �od�Il eootinue to occupy tLe Propetty at Bort+ower':princip4l rCaideacc tor:�t Itaet oue year atlar t6e d�e ot opwp�oc.y,unleu Leader detamioes thu requiremeac will cwse nadue hardehip•�'or Borrower.a unku ext�dKUrit� .clra�m�tn�oes exi�c whjc6•�re beyood Bocrower'� control. Bomower s�ll iROiify I.eoder,of any extsouatiaj • c�wa�ocd.Hormaer th�U not oommit waue or Jeatmy, c o.t aubsuntiall chan�e tha Praperty or albw tbe pcoperty to deterionue.ress�ubk wCat�aad tar exaptod. Leade�rbuy inspoct t6e Property iC'the Property i�vapnt "a�bmdouod or the lo�n ia in default. Lader may take nawnable actioa to protect aod p�aerve a�d►v�t or ��, . � �IN041.01 ��W�d� M�y, � . ._. _ . ... . . _.. . _..._ ._ . . _ _ .