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� 2� 1 ��� 181 <br /> i <br /> rI'h�;��un�s sh�l� b�hc;�Id in an insl;itutio�i���lios����t�sit�a�•c:ir�su�•�;c� by a Fed�:=�-a��g�n�:��, �nst�•��n��;ntit�i��•, <br /> ar���t�t�� �in�luding I.fenderi if Lenc�er is a�� ins�itu�ian���hose de�rosi�s aa•e so insured}ur i�� any� ���:d��al <br /> Ha�ne Lo��.n Bank. I.,eizde�•sh�ll appl}�the Funds to ��a���he F�c�•o���It�ms i�o la��r t��an the��nie s�ec�#iec� <br /> un��r��.�15�'f�. L�nder sk�al�n.oi cl�a�•Q�:�3orrc����er ��o�• h�ldin�ar�d applyzr��,�hc F�`u��ds, as7��ual�yr,ana��•Jin� <br /> t�►e cscrn���acco����, �c ve�•i��in�;tl��Esc�•c���� �te�ns, �intess�end�r��a�s Borra��r��• in��rest�n����.Fu��ds <br /> anti�-�.ppIica�l�La���p�rmi�s Len�t�� �c�n��ke su�h��claa�•��. Ln�es�a�1 a�i•��men�is made i�� ��rriti��oa• <br /> ����a�icable La����•e�uir�s iii�e�•es�tc�bc:��aid c�n���e Fi�nds, L.e��dei•sha�� �io�be�•��uirc�t� ��a� �3o�•rQ�e�er <br /> an�� interes�ar earnin�s an i}��I=��ncis. �or�o��rer an�,[�L17��1 Cdil ��I'�C il� �'4��•i€ing, ha�v����r, �ha�:i�����•�s� <br /> s���l �3e paid on�l�e F�ind�. Iaei�d��•�h��I�i��e�o�3ca�•ro���r, ��itho���ch�ir�;e, at�a������aI acco��n�i�l�c�f t��e <br /> Fu1�c���s r�.�qui�•id b}� R�SP�. <br /> ��t���re i5 a surp���s t��`Fuizds he���tl �sc�•o��r, as d��it�ed utldei•�.ES�'A, L�nd��s13��.1i a�t�ount�o Bc��•i�c����c:�• <br /> for�l�e cxcess �`i�n�s i�a�cco�c�ance��:ith R.�S�'�. I�t)���•�is a�hc�rta�e af I�'��n�is�ie1d in�scro���, ��d��incd <br /> un�er RFSPA, Ler�de�•shall i�oti�� Bo�-t•o��•��as re�uirc:d by RESPA. and Bo�•ro�i•�r sha�l pay�o L�nc�er <br /> t��e an�ount nece�sarti�to mak�up�h�shar�ag�in a�carc�a��c�:��-it�� ��LSP�, �ut�n na more tl�an �? <br /> tnc�n���ly �a��mer�ts, I#`t��er�is a defic�enc}� caf Fu��ds h��d i�z esc�•t�z��, as d�tii�e�u���Ic�r RES�'�, I.,�:nc�€;r <br /> �h��ll notii��13orrU���cr a.�required b�� I�.�S�'.�, and �3oz�rotiti��r shal( pay t� L�nde�•1:h�amount��t��ssar}� �� <br /> m�.k�u�the d�frGi�nc� in accordarnce tivith RES�'A, but in a�a mQ�•�than I2 n�o���h�y�a�=me���s. <br /> ll�pan �»yme���in full o��ai! su�ns s�cured b�� this��c��ri��� �nstrum�.�ri�,'Lenc�e�•s�ia�l p�•omp��,� rc�fu��d ta <br /> Borr��l��r�n�� F�ands��elc� bv�end��•. <br /> 4. �h�rges; Lje��. ��c�rrc�ti�re�•sha�l pa� atl���s, assefisments, cha�•���, �ines, and i����aositinns at�rxbu��.b�e <br /> �a �h���'i•op��•�:}� ��r��ic����n t��:taii�priaz•it}� c����r th���ccuz•i�y Instru���z��, lc:as�hoid pay mc�nts�i•g�•t��in�i <br /> r�nts on the Propex���r, i�f any, and Con�muniE�:'�ss�crt�.tion Dues, Fees, �nd ASses�m�n�s, ��'anyr, Tc�tl�e <br /> ���e��t thaL t��tse itc�ns arc Escror���Items. �3ot•ro����r s�iall pa�� �}le�n in t�le�na1�n��• pro��idec� in Sc°ctic�n 3. <br /> Bor�•o«r�r sna�l ����m��l�discha��;����y iien�1����c��I�as pr�iorit}�a��er�his Sccurit�r ���s�rutncn�unl�s� <br /> Bar�•��«er; �a}i��rc��s in �W�•itit�g to �hc:�a��an�i��ai't���obl��a�:icz��s��;ui•�:d b���7��li�i1 3t7 a mt�nn�.�r <br /> �.ccep��ble tc� I..ender. bu�nn���s�la���a� �3orro���r is performin�such agre�rnent; �b}coz��es�s t���li�n in <br /> ��a�i�aith b}�. oi•��fends a�a���s�c�n���rc-c��ncn�a�'t�3e li�i� in, ���a�p�i•acec:din�s�����ich in Lendt�r's o�inio�z <br /> operate ta pi-e���nt the et�f�o�cement o f the l ien ���h i��thcys�p�•oc���i t��s are pe��din�, bu�anly� ��nti� su�h <br /> p�•oc�c�ciinbs a�•e concluded; oi'�C�SC'Cll�'C'S fCQiT!�:�G�'lC3�L��1•of�:h��i�n �n agr�:c�m�n�satisfactor4�tt�L�;nd�r <br /> ��tbc�rc�ir�ating the lien ta this Sec���-ity� �r�sti•un�ent. �f I.a�nder d�te�•rx�i��e5 tha�an������c�f'th��'�•o��e�•t�r i5 <br /> subj���to a lic:i�«�hrch c�n attain prit3rity c�ver�his SGcuri�y it�strum���, Lc:r�dcr n�ay° aiv���3orrc�tir•rc�r a <br /> notice ident�f��in�th�Iien. �'i�hin 1(�days of tl�e date an ���hi�h that noirce is�i���n, �3o�•t-o���er sl�al� <br /> s��ti5f���:h� Iien ��r tak�:one or�nor���f't����iCtlt?I�S 5��.��I'[�7 3�ZO�Ft�ri��715 S�:G�.IUn �. <br /> 5. 'P�`op��'ty InsuranC�. �3or�•oti�re�•sh��lI kee�th�im��r�vement5 nt���y e:�isting c�r he�•��.f�er erecte�or�the <br /> �rape��;y i�i�u�ec��i�ains� loss b�� ��r�;, ha��ird� includcc�i�ti•�thin th�1:ii•m "c��ci��i��ovGa•a�e," anc�any� <br /> o�:he�-l�ala�•ds i n�l�id i n�. but nnt�in�rtec�!a, �ar�h q z�akes and f:�oc��s, fo r�vhi ch I�end�r�•eq u i res i���ur��nce. <br /> This insu�•���cc s���il b�rnainta�ned ir�thG a�nc�un�{includit��ded��ctibl�le�'E�S� `[�I�� ��I•ihG p�;ri€�ds�h��t <br /> L-enc����•��uires. �ha��.,ender re�ui��es pursuan�to the��i•ecedi n�s�n�.enc:es��n c��an�e d�i�-i n�the ter�m c�f' <br /> the La���. Th�i����irtince ca�•ricr pro�ri�ii����:hc ins�xt•ancc�s�1all bc el�osc:r�b}�Bor�•c���v�i' SL1��jCL'�,t� LL11a�:i•'s <br /> r��h�to disapp�•o�fe�3o�•rc�4���r's ch��ce, ��vhich ri�h����a�1 nat b�ehercised uz�reasona�al��. I.��nde�•�na� <br /> ree�uir�:f3ori•t�l����•�:c�pay, lJ�L'U1�I7�G�;1�JI���4rit)�th�s L�oan, �itl���•: �a}�t�r�e-tim�:c��a.�•��fot•flc�o� �c}��� <br /> c��t�rminatian, ccrtif�ati�n and�racking serrfices; �r�b)a one-�����charge for f�ooc�ron�de�ermi��ation <br /> and ccrti fi catit�n ser�r�c:es and s�ibseq�zen�ch at•�i�€;ach�i me rem�.pp i���s t�r s im i�ar chan�es t�ccut•��h i�h <br /> ���4����3 af��3�n��.�3 <br /> FHA D��a#Trus#V�li�h?111�R5-hE �J30:�D t 4 <br /> B��tkers Systems V�lP VfviP4�1�iVEi(�5�6}.QD <br /> '►l�ait�rs Klc��er Fnancia!Services Fag�6 at 17 <br />