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<br /> --- 1[tha anu�unt�hold by Lender tac�scraw Item9 uxcceA tho amounte permlucd to bo hcld by liBSPA. l.cndcr
<br />� =_�j ehall nec�unt to tlorrowee for tha uxccss tiuufe a�rc9ui�ed by RtiSPA, it tho nmaunte�t fl�ndR hcicl by t,onder at any -
<br /> . _ ;� timo ara not suf�iafcnt to pAy tha Qncro�v Iteme�vhen duo� l.en�lc�mny natlfy tho Aorro�var and reqpiro Aorrowe�W
<br /> �� �"s mnko up tha ahortogo a+ncrnttttcQ by�BS�A.
<br /> �. � �� The Baccaw Funcls uro plcdgcd as ndditiannl e�curity fo� oll aums eccurrd by �hle Security Instn�rte�nt. If
<br /> .�� Oorrowar tendare to I.cnder thn t�11 pqymu�u pt all eueh eiim.+�tiorro�vcr'e nccuunt shnll bn crcditcd wph tho bnlance
<br /> rcmatntng for ull tn�tailntent Itct�(o).(b),and tc)ond any mortgogo Ineuranro pramlum inatnllment tt�at iandar hns
<br /> not become aQllgatcd to pny to tha Secrctary, wad L anQor shall promptiy roNnd any excese ftinds to Bonowor.
<br /> . Immedtntety prtar to n foreclosuro aulo of tho Praperty or lte ncqutaition Ay Wnder. Borrowe�'s nccaunt ehNl b�
<br /> ' crcditcd alth any bnlnnco eom�lntng for all lnatallmcnta for itoras(a),(b),and(a).
<br /> � 3.Applicatlun ot Naymcnta.Ail paymenta under paragrnpha 1 and 2 shNl ba applicd by 4endor cw fotlowe:
<br /> �,ta ihe mortgaga tnsurnnco promium tu bo putd by i.ender ta the Secretnry or to tho manthiy charge by th�
<br /> Secr�tc�xy instand of tho monthly mortgqgo insuranco premium;
<br /> __._F` �d,to any tmccs��peclal nsscssmenta,teaschotd p�ymente oe ground rente,and firo,flood nnd othen c�uard
<br />�. :'..s� inauranco p�vmiums,t�required;
<br /> :,� �� �,�,to interest duo undcr tho Note;
<br /> -;�� � Feucth,to umorllzntion af tho princip�l of tho Noio;uud
<br />,:.;•,,.
<br /> t s,� �,t0 IQtO ChQf�C9 dU0 RAdO!1110 NOZO.
<br />-'��i�r•` 4.Fy�e,Ftood pnd Othcr Harwrd In�uxu�tce.8vrrower eh�11 Insure sll lmprovementn on tho Aroporty.whether
<br />:.�:t;�s
<br /> :��� now tn oaistonoe ar eubsequently erected.qgnlnst any haaacds.casu�ities,wtd contWgenoies�inctudi�tiro,for which
<br /> Lcnder rcquisos invnrauco. Tbta lnsuranoa ahnll ba maint�ined in tho aatounte and for th� pEriods thnt l.cnder
<br />':s_� t+equlres. Bonowar shNl also lnaure �11 in�rovemente an tho PrUp2rty� wheth�r aow la oaiatcnt� or subsequently
<br /> et�cted�Aguinst lo»s by 4loc�da ta the e�tent rcguimal�y tho Se�:retary.All lusurunca ahall ba cnrdal wlth oompnniics
<br />�._ �,�,�a e�pproved by Lender.Tha lnsurnnco poitcies and cwy ren��vnle ahnll bo held by Londer nnd aha11 tuclude loss p�yablo
<br /> �� CIAl1SC�IA�AYOI'Of,and in u form ncceptat►1c to�l.cmder.
<br /> ln t[to ovont of loss,BoROwer shall bd�r 4vndar lmmediat�notice by maSl.I.endar rtiay rtus��proof of loss if rtot
<br /> made promptly by Borrower.Bcch insernmoe eampanp concerned ie heroby nuthorlaed nnd directod to mUko paymant
<br /> ';4s« 9'or auch loss direcily to !andor. instoud of ro Barr���e� and ta Lendor Jotntty. All or nny purt of tho i�nsv��yAnce
<br /> !.n
<br />'�:?u,�. procceda m�y bo appltett by Lender. at i�s aption,e9ther(a)to th�reduction of tAa lndebtednesa under the 1V�+a azed
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