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��14�1199 <br /> �s <br /> due in accordanGe with the terms of the Not� and this Security Instrument and shall <br /> perform, observe and compfy with af� �ther �rov�sions of the Note and this Security <br /> �nstrument. Borrower shall pay a �repayment premium in ��nne�ti�n with certain <br /> prepaymen�s af the Indebtedness, �nc[uding a payment made after Lender's exercise vf <br /> any right �f a�c�lerati�n of th� �ndebtedness, as prov�ded in the Note. <br /> �. EXCULPAT��N. Except for p�rs�nal liabi�ity expr�ssly provid�d f�r �n th�s <br /> S�curity lnstrum�nt �r in th� Note or in the R�gulat�ry Agreement, the execution �f the <br /> N�te �hall impos� no p�rsonal iiabil�ty up�n Borrower for payment of the Indebtedn�ss <br /> evidenced th�r�by and in the EWent �f Default, the holder of th� N�te shall look s�l�ly t� <br /> the M�rtgaged Praperty in satisfacti�n of the Indebtedn�ss and w��l nat s�ek ar obtain <br /> any def�cien�y or pers�nal �udgment against Borrower exc�pt su�h judgment �r decree <br /> as may be necessary to foreclase �r bar its interest �n th� M�rtgaged Property and all <br /> other pr�perty mortgaged, pledged, conv�yed or ass�gned to secure payment af the <br /> Indebtednes�; �rovided, that nothin� in this Section 5 of this S��urity �nstrument and no <br /> action so taken shal� o�erate to impair any obEigation of Borr�w�r under the Regu�atary <br /> Ag reement. <br /> 7. DEP�SITS F�R TAXES, INSURAN�E AND �THER CHAR�ES. <br /> �a} Borrov�er shal! �ay to and de�osit with Lender, together w�th and �n <br /> addition to th� m�nthly payments �f inter�st �r of pr�ncipal and interest payable und�r <br /> the terms of the Note on the first day of�ach month after the comm�ncem�nt of <br /> amortization under the N�te, and continuin� until the debt s�cure� her�by is pa�d in ful�, <br /> the fo�l�wing sums: <br /> �'1} an amount suff��ient t� pro�ide Lend�rwith funds to pay the next <br /> m�rtgage insuran�� pr�mium 'rf this S�cur�ty lnstrum�nt and th� N�te ar� <br /> insured by H U D, �r a monthly �ervi�� charge, �f th�y are he�d by H U D, as <br /> foll�ws: <br /> �i} If and so I�ng as the Nate is insured under the pro�isi�ns <br /> of the Nati�nal Housing Act, as am�nded, an amvunt sufficient to <br /> accumulate in the hands of L�nder one month pri�r to its due dat� <br /> the annuai m�rtgage insurance prem�um; or <br /> �ii} If and so long as the Not� and this S�curity Instrum�nt <br /> are held by HUD, a manth�y s�rvice charge in an amount equal to <br /> the i�sser af th� amount p�rmitted by �aw �r ane-tw�lfth of one�half <br /> �11�� of %} perc�nt of the a�erag� outstanding pr�ncipal �alance <br /> due �n the Note camputed fvr each successi�� year beginning with <br /> the f i rst day of the month followi ng the date of th is Secu rity <br /> Instrum�nt, or th� f�rst day of the month following assignment, if the <br /> Previous�ditians are ohsalete HIJD IVIF Security Instrument HUD-94Q40fVl�Rev.D4111} <br />