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201606435
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Last modified
7/24/2017 3:45:16 PM
Creation date
9/29/2016 9:38:39 AM
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DEEDS
Inst Number
201606435
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2� 1 ���435 <br /> �i} If and so 1Qng as the Note is insured under the pr�visions of the <br /> Nati�nal H�using Act, as am�nded, an amount sufficient to <br /> accumulate in the hands af Lender ane manth� prior to its due c�ate <br /> th� ar�nual martgage insurance premium; or <br /> , <br /> �u� If and so long as the Note and this Security Instrument ar�held by <br /> HUD, a monthly service �harge �n an amouxat equal to the ��sser�f <br /> the amount permitted by 1aW or the ar�o�nt set f�rth in Program <br /> �b�igat�ans computed f�r each successive year beginn�ng with the <br /> first day a�f the month following the date of this Security <br /> Instrument, or the first day af the month f�llowing assignment, if <br /> the Note and this Security Instrument are assigned to HUI] without <br /> takrng into account delinquencxes or prepayment; and <br /> �2� a sum equal to the gr�und rents, if any, ne�t due, p�us the premiums that <br /> wi�l next b�c�me due anc�payable on policies of f re and other property <br /> insurance covering the premises covered hereby, �1us water rates, Taxes, <br /> , municipa�lgovernment utility charges and special assessments next due on <br /> the premises c�vered hereby (all as estimated by Lender} �ess a�I sums <br /> a�ready paid therefore di�vid�d by the number of months to the date wher� <br /> su�h gr�und r�nts, premiums, water rates, Taxes, municipallutility charges <br /> arid spec�a� assessments will become delinquent, such sums to be held by <br /> Lender in trust to pay said ground rents, premiums, vvater rates, Taxes, and <br /> s�ecial assessments; <br /> �3� provided that, all paymer�ts and depos�ts menti�ned in the twa preced�ng <br /> subsections of this Section and a��payments ta be made under the Note <br /> shal� be added togeth�r and the aggregat� amount there�f shal� be pa�d <br /> ea�h m�nth in a single payment or depos�t to be applied by Lender to the <br /> fallowing items �n the order set forth: <br /> �i} mortgage insuranc�premium charges und�r the ��ntract of <br /> Insurance; <br /> �ii� ground rents, if L�nder has required them t� be escrawed w�th <br /> Lender, Taxes, spec�al assessments, water rates, <br /> municipallgovernm�nt ut��ity charges, fire and other praperty <br /> . <br /> insurance prem�ums; <br /> ��11� interest on the Note; and <br /> �iv� am�rtizatian of the pr�ncipal of the Note. <br /> (b� Borrower shal� pay to and dep�s�t, or shal� cause �perator to pay or deposit, w�th <br /> Lender a�� �ther escrows and deposits, including any reserves for replacements. <br /> Pre�ious versians o�solet� Page'17 form HUD-94D00-�RCF ��512�14} <br />
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