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<br /> � If the amaunu 6�1d by Leader for Fssmw Ite�s eace�d tLs aus.fluats Fetmltted to be hetd by RESPF., l�enffs�
<br /> : ;' .. � shail acoovat to Eorrower foi the acc,ess fi�ads as required by ItFSPA. If t1�z�a��og��ald by Leader�t�y `��sr.:�
<br /> • ; rim.�are not s�af�cic�t to paY t�e Es�w Iiems cv�en due.Leadez may aotify the Bonower and require Bosromr to
<br /> � � � � make up the sho�tnge as�emiitaed by ItESPA. � for ail sums secured by this S�auitY Insucu¢Ent. If - �._
<br /> 'Ihe Escrow FunEs are pled�esi t� �dIttaaal,.ecurltY ,�,tz;�'
<br /> - - • �Qrcower teadeis to Lcn��x ttsP fu11 payment of aIl suct�sums,�arrower's z�ount sha]1 be credite��vit�the balance _ _
<br /> . ��=-=�� ' cemaining for aU iastallmEns it�ems(a),@D.aad(c)aa�anp a�g�e�P�ium ins��ls�ent�hat Leuder has ,
<br /> m t1 mfund any ea�czss funds to Bamower. °k;
<br /> < nflt b�ome ubligated to pap to the Secr�tazY, and Lea�er shaU F �P Y
<br /> Im�nediately ptior to a forec1QS�:re srle of tDe PmpertY or its aaluisiuon by lendez,Bfltrawer's x000unt shall he �
<br /> � � nts for items(e).(b).ffi�(�)• � -.
<br /> : _, j c r e d i t e d w i t b a n y b a l a m x re m a i n i a 8 fot r11 installme h e d b y I e u�e r a s f o A o w s: �-._-_
<br /> . � 3.Appl[catton of F�Ym�ffi.All payments under par�raPhs i a n d 2 s h s ll be a p p' :
<br /> � .• i . Fjr�{,to the taortgage in�mtanr.�P'temium to be pa�G�y Lea�er ta the�set?�y ar to the monthlY charge bY ths �-,._--
<br /> �__
<br /> . ':'� SecretarY inssead of the monthly mortgage iasurance premium;
<br /> , : �COnd•to aay taxes,sge�iril ass�smsnts,leasehold payatents or g�aund rems.and fue.AaQd ansl other ha.�rd =_
<br /> � �`� insuiance Prem�ums,as mNi�d+ -_
<br /> • . Thi ,to interest due ua�er the Note; �-._
<br /> • .' �' gourth•to amnrti�ian aE che grincipal of the Note;anfl -
<br /> • �tft ,w late d�rBes d¢e un.s�er che Nute. oa th�PiapertY.wLz°� _
<br /> � 4.Ftre.Flood�OEt'ces�.�i�.Borrower Ehali insure all improv��ts ��fnr w�isls —
<br /> � a uow in e�risteace or subrequr,�'ttY e�a���Y�•����aad oontingeacies,i�duc4ing �a_ ___
<br /> ..— . , - � �� insuraa�e. '�is i��shali be u�iata�s'��the amn�+�s a�d for t�ee t�r�iads that IP*-�--•
<br /> . �uiies. Borrowzr shall aL� ia�w��It -'�,►rovements on the Pr�perty,wh�ther a�++in e�sceac�or sub��Y -
<br /> ° � erected,against loss by fl�w t�e es�s ruiuind bY the Se�etaxY.All insurauc:e�'' tre ca�ried vrith w�ir�
<br />: , � appmved by I�ender.The insu�ce Poli�s aad any re�wals shall be hel�bN I���aud shall include lass gaY
<br /> - ' clauses in fav�z of.and'm a fotm aecePtable to.Lender• �p�of of loss if not
<br /> Ia the event of loss.Bosower shaU give LEnder immediate�otIoe by m�.I�s��maY
<br /> � u b Borrarrer. Each insurance company ooacerned is 1�ereb3+a�as�!aad directe�!w anake PaYment
<br /> � made pmmP Y Y art of the insurana
<br /> €or such loss direstly to 3.euder. iastead of to Borroaer aad w Lender,j4iaslY. !�1 or�y P
<br /> �'-.:.: � pt�ds ma'r l�e aPPlied by I.euder.at its option,either(a)tu the�:sqion of er.i�debi�aess vndar the Nou aad . .
<br /> ' � • this SecuritY En.�irument,Stss to anY delia9n�amuuats apPlied ia t?��cmder in parag�aPb 3,and then m prepay►m�x
<br />- � uf grinctpz3. �r(b)to the restoratian ve iepair of the d�unag� PcaP�rtY• �Y appllcation of the proceeds to t�:
<br /> '' . .,• , ts�rhtch are rrfe�i ru in paragr��2,cr
<br /> _ . .. ��ncipal shall aai euen�Qr�ostgane the due date o��e o°raceeds t� d all a*�t:ns�g
<br /> over an as.a�u�c r�uire� &`Y
<br /> � ci3.�ge the anaount of�.�.(��nts.Any excess °�all enrifl�3 th:reto.
<br /> � � . indebteduess uader the Td�tr:�.d�t►is S�uritY�����erdaansfer o ti e to the Pcozs�zY ihat exdnguisf�es
<br /> � ' �: In[he event of foreclasure of this SewritY li�� �f��� pass to the
<br /> � � the indebtedncss, all riIIht, dtle and intenst of Borrower ia and to insuraace P°. .
<br /> • . . Pu�haser. ]I�tion;
<br /> 5.OccuPa�r9+�-'�'a�nn,Matnteaaace an�R+oiedion of the����.E�rrowa's YAan APP
<br /> :;-:�•�:��5. I.easeholds. Borrower �='' oocuPY.establish,aad use the Property as Bore�oned'�rnaclpal residence within sixty
<br /> '�`'"� '`:,:=� s after�fiy execution of tbis SecauiiY Instr�m:nt(or within sixtY c�Ys of a later sale or aaasfer af tho Fropert7l)
<br /> .�"��� - � and shall cz.-�tinse to ocruPY the Pn,c�r'1 as Borrower's priacipaY�deux for at least oae uear after the date of
<br /> ^�`�-,.. „ ctt�requinment will cause nadue hardship for Bflnower.<�x.untess extenuating
<br /> :.s.:.-.,. . cacu�a..�;'.-:�ess lxade:�emmines
<br /> : .� ; � �,.•�ums�r.es e�cist �fi,i� .ye beyc�3 Boieowes's cantrol. Borrower shall natify Ixnder ;:f any oextenuai3a8
<br /> .�•y.,;-�; � �ir�ums�a.�.Bssowes�al�:a�,not cc.,:.:_'.waste or desuoy,dama8e or substantially chan8e tha PropertY
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<br /> propexty v�c�E�aio�ate,reasoa3bte F��';az3 tear excepiod.I.ender may insPea th�Pr°PenY if th2 PropenY is��cant
<br /> ._�.�.,�, or abandaJAi:��r the loan is in def�:la_. Leadsr may taYe reasonable action w pmtect aad gcc::+�ve vacaat or
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