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. 90---107317 the principal of, and interest on, the debt de in each monthly payment, together with it of any (a) taxes and special assessments a on the Property, and (c) premiums for nnual amounts, as reasonably estimated by n one -sixth of the estimated amounts. The ending one month before an item would (b) and (c) before they become delinquent. together with the future monthly payments we than one -sixth the estimated amount of amt. then Lender shall either refund the of the estimated payments to subsequent de by Borrower for item (a). (b), or (c) is t necessary to quake up the deficiency on or ng and Urt'ae. Development or his or her rams which require advance payment of the er a program which did not require advance also include either: (i) an installment of the ) a monthly charge instead of a mortgage thly instal;nteni of the mortgage insurance asurance premium with Lender one month or if this Security Instrument is held by the : -half percent of the outstanding principal ty Instrument, Borrower's account shall be Ic) mid any, mortgage insurance premium x shall promptly refund any excess funds to to by Lender, Borrower's account shall be plied by Lender as follows: y or to the monthly charge by the Secretary lire mortgage insurance premium when this , and fire. flood and other hazard insurance is on the Property. whether now in existence IS fire, for which Lender requires insurance. der requires. Borrower shall also insure all iainst loss by floods to the extent required by he insurance policies and any renewals shall it acceptable to, Lender. may make proof of loss if not made prompt- ed to make payment for such loss directly to cc proceeds may be applied by Lender, at Its ;ecurity instrument, first to any delinquent ti, or (b) to the restoration or repair of the nd or postpone the due date of the monthly ien►s. Any excess insurance proceeds over an ,y instrument shall be paid to the entity legal - le to the Property that extinguishes the in- force shall pass to the purchaser. I not commit waste or destroy. damage or wear and tear excepted. Lender may inspect :r may take reasonable action to protect and ehold, Borrower shall comply with the provi- i fee title shall not be merged unless Lender awer shall pay an governmental or municipal t pay these obligations on time directly to the s interest in the Property, upon Lender's re- nts. , or falls to perform any other covenants and at may significantly affect Lender's rights in aws or regulations), then Lender may do and in the Property, including payment of taxes, —2, dtt,! of n..r!e-e!, and he scented by this ment, at the Note rate, and at the option of nsequentwl, in connection euh any condom• ndcmnation, are hereby awgned and shall be ipaid under the Note and this Security Instru- the Note and this Security Instrument, first to prepayment of principal. Any application of monthly payments. which are referred to in to amount required to pay all outstanding in- y legally entitled thereto. 1. )Fees. Lender may collect tees anu cnarges autnonzeu oy inc m ctsiy_ face 2 of 4 E _u:r�• f �h rte . i