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201302389 <br />Note and this Security Instrument are assigned to HUD without <br />taking into account delinquencies or prepayment; and <br />20 <br />(2) a sum equal to the ground rents, if any, next due, plus the premiums that <br />will next become due and payable on policies of fire and other property <br />insurance covering the premises covered hereby, plus water rates, Taxes, <br />municipal /government utility charges and special assessments next due <br />on the premises covered hereby (all as estimated by Lender) less all sums <br />already paid therefore divided by the number of months to the date when <br />such ground rents, premiums, water rates, Taxes, municipal /utility charges <br />and special assessments will become delinquent, such sums to be held by <br />Lender in trust to pay said ground rents, premiums, water rates, Taxes, <br />and special assessments; and <br />(3) all payments and deposits mentioned in the two preceding subsections of <br />this Section and all payments to be made under the Note shall be added <br />together and the aggregate amount thereof shall be paid each month in a <br />single payment or deposit to be applied by Lender to the following items in <br />the order set forth: <br />(iii) interest on the Note; and <br />(iv) amortization of the principal of the Note. <br />(b) Borrower shall pay to and deposit with Lender all other escrows and <br />deposits, including any Reserve for Replacements. <br />(c) Borrower shall deposit with Lender such amounts as may be required by <br />any Collateral Agreement and shall perform all other obligations of Borrower under each <br />Collateral Agreement. Collateral Agreement deposits shall be held in an institution <br />(which may be Lender, if Lender is such an institution) whose deposits or accounts are <br />insured or guaranteed by a federal agency and in accordance with Program Obligations. <br />Previous editions are obsolete <br />(i) mortgage insurance premium charges under the Contract <br />of Insurance; <br />(ii) ground rents, if Lender has required them to be escrowed <br />with Lender, Taxes, special assessments, water rates, <br />municipal /government utility charges, fire and other <br />property insurance premiums; <br />HUD MF Security Instrument HUD- 94000M (Rev.11 /12) <br />