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� <br /> � . . 1 � <br /> s�tl.�: � (�d1 '7A <br /> r�y — - .�.,� . y <br /> ' 1.h�!ot 1'eiwciM7.I�leresl��d L�te CAane.Ho�rawer shall pay when duc the ptinsipal af, And interest on,thc dcbt <br /> evldenced by the Note u�d IRte charjes due under the Note. <br /> 2,Moat�qr ts»wf�o['f�a,Iawn�ui Otl�er Cimr�e�.Borrovircr sh�ti inctude in each manthty Payment,taQaher with <br /> the pnncip�!and interat as set forth in the Note and any late charjes.An instaliment of any(A)taxes�nd special sissessments <br /> � kvied or to be kvkd yaln�t the ProQtrty. (b)le�sehold pa�yment�or�round rents on the Property� and(c)pFtmiums for <br /> + iaturanct roquised by F�ra�raph 4. <br /> i F.�ch moethly installmeat for itertss(��.(b)and(c}ahallequtl one•twelfth af the Annual amaunts.as reasoaably estimated by <br /> � Lender.piw an amount sutficknt to maintai��n s�dditional b�l�nce of not more than one-sixth of the estlm�ted amouats.The <br /> � f1�U annual�mount fo�e�ch itsm shW be �ccumul�tted by Lender wilhla A period endin�one month before�n item would <br /> � bxome deUnqurnt.Lendei ahall hoM ihe amounts collected in tru�t to psy item�(�),(b)and(c)before they become delinquent. <br /> j If�t any time the tot�l of the paymrnts held by Lender for items(a),(b),and(c),to�ether with the future monthly payments <br /> : � for auch Items p�y�ble to Leader pdor to the due data of such items,exceeda by more than one-sucth the estimated amount of <br /> paymrntt requit+ed to p�y such item��vhrn due.and if p�yments on tt►e Note are current�then Lender sb�ll elther refund the <br /> � exa�ss over one-si�th ot the qtimated paymrnts or cr�dit the exass over one•ai�th of the estimated payments to subsequent <br /> � paymoats by BoaoMer��t the option of Brnower. lf the tatal of the prymenu made by Horrower for item(a), (b),or(c)is <br /> � insufficknt to pay tha item when due,then Borrower sh�U pay to Lender any azaount necessary to make up the doficiency on or <br /> � befo�e the date the item b�ecosres due. <br /> � Aa nsed In this S�ecurit�ta�zrument, "Secretary"means the Secretary of Honsing and Ur6an Developmont or his or her <br /> ; des�nco.Most Socoaaity Instraiinrnts 9nsur�6y Ehe Serretary are insured uader progrxms which require advance pAyment of the " <br /> entire mott�aae insa�ranoe premiym.lf ttis Se�curity Instevment is or was inswed under a program whlch did aot regU've advance <br /> ` { pqrm�at of the eatire mortp�r insurance prcmium,then ach monthly payment sh�l1 also lnclude either:(7 an instaliment of the <br /> ! annwl mon�e insurance premiiun to be paid by Lender to the Secretary, or (ll)a monthly chuge instead of a mortg�ge <br /> � inwrancx premtum if this Seeudty Instrument is hNd by the Secretuy.Each monthly installment of the mongAge insur�nce <br /> *��+1�"-h.'•�!tae 4a:u a�auz�t sa.`,�ie�i i�accumutace the inli annual mortgage insurane�premium witA Lender one month <br /> � prior to the date the full mnw�l mort�ase insurance premium i�due to the Secretary,or if thi;Security lnstrument is held by the <br /> , i Secretary. aich monthly charge shall be in an�mount equal to one•twelfth of one-half percent of the outstanding principal <br /> b�lance due on the Note. <br /> ; If Bonower tenders to Lender the full payment of all sums secured by this Security Instrument,Borrower's account shall be <br /> � credited with the balance remainin= for All instalimente for items (a), (b) and (c) and any mongage insurance ptemium <br /> � inatallment that Lender his not become obligated to pay to the Secretary�nnd Lender shall promptly refund any excess funds ta <br /> � Bnrrower. Immediitely prior to A foreclosure sale of the Propeny or its a�quisition by Lender, Borrower's accaunt shall be <br /> ; credited vrlth any balana remalning for aU installments for itcros(a),(b)aad(c). <br /> �i 3.AMIIesNw of Payreab. All payments undor puagtaphs 1 and 2 shal)be applied t+y Lender az follows: : ' <br /> Fj$$T�to the mort�ase insurance premium to be paid by Lender to the Secretary or to the monthly charge by the Secretary ' <br /> instead of the monthly mortgsge insurance premlum,unless Borrower p�d the entlre mortgaae insurance premium when this <br /> • I Security Instrument wu s�anod: i - <br /> __- �'��-:CS:.'i'j i3`nwt Sj'i�.�iiu+�,i'cba"iiic'iiiS�ZuiSct`rvju'Vuj��tlCn'ts vl'�jiOU�II1 TCIIIS�ellt]iliC�IIOOq 511�OL�IR ItdZild 1115UfY11CG _ {:_:- <br /> jftG�l�ilID�.LS PIX]U�lY�� 1 <br />