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<br /> _=o°':- ,-�`; �- � If the amounts heid by Lender for Es�row Items exceed the amo�mts permitted to be heid by RESPA. Lender .
<br /> _ �_. ,'_�:. �=� �y�ci4. b RESPA. If the amounts of fiinds held by I�ender al any V_�.`_,�.
<br /> �_ S shall account w Bormwes for the exoess fimds as required Y ''-o
<br /> ,t� dme ace not sufficient to pay the Fsaow Itemc wh�due,I�endr��Y�tify the B+orroa+er and require Bo�wer to r -. :
<br /> f� � ntake op the shortage as permitted bY RFSP�.
<br /> x: .- '' � '. � The Fscrow Funds are pledged as additlonal se�vrity for ail sum�s secured hy this Security Inssniment• If �,, �
<br /> �o�.. �.: �_..._.,�
<br /> L„- ` �:�rj4:2:� Bostower tffiders to LRUder the fiill payment of all snd►suzas,Borrower's account shall be credited with the balance `� S - ,
<br /> �t: �. . ::.;,.° remainiag fos all iqstallmeat items(a), (b).and(c)aad any mortgage insurance�excess fuuds w B�orm�arer.
<br /> : � t,.`� k aot become obligated to pay w the Sec�a�►, aad Lender shall pmmPdY , �` : .
<br /> �;. �,�� . , _
<br /> <�'' �c,� � - Immediatety pcior w a foredosare sale of the Pmperty or iu acquisition by Lsnd�r. Bonow�*'s accouni shail be �:�,�,:',,_�,
<br /> `-:: g. :.-.r '� '� " for all installmeau fos items(a).N),and(c). _` °_
<br /> s:. r credited with a�►balance remaiainS
<br /> ' ' � - 3.Appfit�atloa oi P�aym�ts.All paym�ts aader patagraphs 1 and 2 shall be applied by I.Eader as follows: ;
<br /> `. �-1 �w be d Lender w the Secreta�}►or to the mantWy d�argc by t6e
<br /> �'(`x « rst to the mortgage insfuanoe p � bY
<br /> .— -- -- Sectetaiy instead oi tt�e montiily uwngag�e iu��unca�p.�mi�,;.: r- - -
<br /> F-` � � gag� or tetu.s,aad 5re,ftaod and other haxard • -'
<br /> '�° . .. ..` S e e o a d.to any taaes.special ass�ssments.leauh°W PaYm�ts gr°°IId
<br />_ '}�: --.��. - -G= �p�.�� ` -_:.`,:':
<br /> i; ,Y . . . ?� Th- to inte�t due�mder the Note; �'��
<br />— �:. _•. � `- � �• °�ktJ
<br /> `� - ':� Fousth_to amoidratian of ttte principal of the Note; ',�Y -
<br /> '? • - ` ' Fif tu late charges d�e uader the Note. : �
<br /> �-;` _.� . :�'-'- 4. �1Raod ancl OWer Hamrd Insmssnee.Bormwes shaU insure aU impmvemenu oa ttse Properry,whether _ _ �
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<br /> '�� ` . �;;� now in existeace or sabseqnently ecected,�agaiust anJ►bazazds,cxs�alties,aad conringencies,iacinding fire,for wtdch �"_.Y
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<br /> :� ��' �= � . . '° Iander requi�es �s�ance. Tdis iaw� shall be maiutained in the amomits and fos the petiuds that L.ender -r:ti�:,'
<br /> €,:. � � ` � '":�' reqaires.Boicawer sha11 also insnie all impm�rements on the PmpettS+.whether now in acisteace or su6sequently ` '� j� _
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<br /> ���.:� �` y . .r•,�,. emxed,aga�c loss by floods w the extent reqoired DY the Seaeraiyr.All insUranc�s6a11 be cartied arith campanies � � • �:-
<br /> . �- � -_�.��.. ...�;
<br /> '�: ' "":: a p p r u v e d b y iender.The insv�ce polIcies az�d any ralewals sball be ttetd by i.ender aud shall include loss payaWe
<br /> ,.- �.:
<br /> ,,�,�:�'� , . '� claases in favor of,and in a fo�sn accePtable to,lcudec. 'µi.�
<br /> `;�- rnof of Ioss it not
<br /> ="'°±;; Ia the eveac of loss.Boaower shaU give Lender i m m e d i a te notice h y ma�.Leader ma y make F .
<br /> - ' . .,�4. .. - _�[6;'+.'.
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<br /> � � :: �g�p�jjy�►$p�qlCt.F2f��S11�CC ODID�'dIIJ/COIIOCl7ifd 3S 11ClCby 3II�IOIIZCd 8A��@d W IU�CB PSjl�2tlj f: a
<br /> �.�.:� ` �. , .° .�� to L e a der, instead of to Bonower aad to Leader joindy. All or any part of the iasnraaoe �
<br /> :r..r::, r". for such loss di�ectly ,: � q
<br /> °,� � pmceeds maY be aPPUed by l.eader.at its option,e.ither(a)to the:educrian of the indebtedaess under she Note and
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<br /> .`..;u;;.;• • Wis Sec�uity lnsaumeni,fust to a�r detinquent asnounts applied'm the order in paragraph 3,aad then to prePayment .
<br /> _�2:,;':_. - . ` _ of p�,or(b)w the restoratian or:epair of the damaged PropenY• AaY �p�tton af the pmceeds so ihe '
<br /> '� �� ` . - gdncipal shall not extend or postpone the due date of the monthl}+Paymeau whish ate refecreE!to in paragraph 2.oi . f u`
<br /> ,__, V.::: :`�s :
<br /> .` . • � �'' ci�v'tge the amaunt of sach paymeuts• AnY exoess insurance Proceeds over an amount requued to pay aIl ouutanding .
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<br /> .�.�.�'::;� ,••' indebtedness under the Noce and_this Security Insaument shaU be paid to the entiry legaUy eatitled therew.
<br /> ,.,'�,:;�, . . . . In the event of forectos�re of this Securiry Iasuament or other uansfer of dtle to the Pmperry that earinSuishes ..-
<br /> ..�;..�c � the indebtedness. ail right, tiQe and intensc of Boaower in and to intusance policies ia fon-e shaD pass to the
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<br /> '� i�:.�:`::• S.Occapaucy.Ptrservation,Maintentucce and Ptotection of the Peopertyt Borrowes's Luan�lppl�wtion;
<br /> • . . I.ease�otds. Borrower shail occuPY,establish,and use the FmpextY as Borrower'�principal resWence wit6in sixty '.� .t::
<br /> ����'--- s of a later sate or traasfer of tha property)
<br /> :3�f�7: ' - _ Q 3 y S�tC�thC 67[CCUt�OII Of itl1S$CCUIIty inctmment(O!W3tbID 81][:�I�8}i
<br /> °'�:��::-,r',:
<br /> '���.�: .: , aad shall coadnue to ocrupy the Ptoperty as Borrower's prlacipal nsi dence for az l e a s t one y e a r a R e r t h e d a t e o f . .i.,
<br /> �;•:•' . . oaupanc,y,un1es41RUder detemiiaes that requirement w�l canse undae hardship fos Borrower.or anless eatennating
<br /> ...�,.;,,,, . ..� �. • ., „ :',..
<br /> �inu�tances eaist wbich are beyond Borrower's control• Bormwer shall notify Lender of a�r exteauatin8
<br /> ' r �.: � cinvmstanoes.Borrower ahall not commit wasce or desuoy,dama$e or substantially change the Froperty or allow the � �4 �
<br /> ..�}:i., ;�
<br /> � ��`•_`� �°' praperty,w deceriozate,reasonabte wear and tear excepted.Leader may inspect the PropertY if the Properry is vacant
<br /> �;s.•' ' .
<br /> , '� �S or abandoaed or the loan is in defautt. Lender may take reasonable ac�tion to pmtea and preser+e such vacaz►t or
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