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<br /> ' ��,y"�� If the mvaunts held by Lcn�er for Escrow Items exceed the amounts psxmittcd to bs keld by RESPA. Lender ___
<br />-�;�.}� � : shull ncooant to Borruw�r for the exaas fuitds as cequic�i i►Y P.C�PA. If th2 rsaaunt�of ft!n�a held by�nder�t any ,__
<br /> �`�-'� time are reat suftic€snt to pay the Bsceow items v�h�n due.l.euder may nodf�the Borrower nnd re,t�uire Borrower w
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<br />- � make up the shortage as pemnitted by ELl�3PA.
<br />�=. .�-- -- Th� Escrow ffrunds are pledgal as addtdcmal securiry for all suaus secnred by thia Securlty 1asm�ment. If
<br /> �` Borrower tenders to Leiader tbe full payment of�Ii such swas�Borrnwer's axount shaU be credlte�wlth the balance
<br /> �._:;���: remaining fos a111nstalimment ite�s(e), (b).and(e)and any mortgage insuraaoe premiu�n inatz�liment thnt Lender has
<br /> _-�;c r, not beoome obligated to pa3►to the Secreu�y. ettd l.eadcr shall pta�agSy mflmd a�r excess fuads to Boaower. .
<br />_-�rk`:�- immediately prtor to a fonclos�ue sale of tha Pmp�ty or its ecquisidon by I�eader. Bom�wer's acAOUnt sbaU be
<br />;:�:_�� cs�ditetl wlth any balanee�ng for a11 u�t�rillmeata for items(a).N).and(c).
<br /> _':`:`�;� 3.Ap�lk�tton of piyme�is.All gayments uuder paragcaphs 1 and 2 sha11 be appliad by Ixnd�r as folla�,rs:
<br /> __-°"'"-��`_-_= FiTSL,W the mortgage tnsuraIIce gremium w be paid by Ixnder to the SecreuuY oz to the montLly charSe by the
<br /> Seccztary ins�ead of the moattily mortgaBe inaurana pnanium:
<br /> _ -- Sea�d�w aa�►taaa.special essessments.leasehold payments or grouad rents,xncl8re. fl�d ead other ha�ard '
<br /> - _�- _- �a�anoe premiums,as ra�uired;
<br /> .^^^� ��i ,to;ntesat,d�under tIIeNou;
<br />�_�.,.'�� �,i�,to amcrt3�atton of the grlacIpal of t�e l�tote;aad
<br /> - - Ej$ti,trr lau c�uges due un�er the Note.
<br /> ---- _ 4.�+e,Flood ond Other�aaard L�surance.Bomoaer shall insvn all improvements o�u PiropertYf whether
<br /> _ W_-.� - �ow�n axistenoe or subsa�e�tlY erecud�88ainst sny ha�atds,casualttes,and oontingeacEes. . oa whdch
<br /> _=— = H�ender re9uires II�as�ua�e. This insuranoe sball 6e ma9ntained In the a�mts anfl for the pertods that Leader
<br /> -----= requices. Borrower shall also�nsure all imProvemeats oa the PcopertS►. ahqher aow jn c�stmcx or subsequeudY
<br /> ere�tsd.a�ainsc loss bY flomds to the oxtest roquired bY t�e Saraa3Y.All insursnoe shall be carrted with oampanies
<br /> approved by i.end�er.Tba insurance Po]Icies r+nd any reaewals sball be held by I�der aad shall inctude loss payable
<br /> - clm�ses in favar of.anc�in a fo:m aoo��tablt w.I.�der. �L �f L�if mt
<br /> ° --- In the even�t of loss�Bonov�rer sLall g'eve under i�o�a¢a aviiu�� authorized and�ditocied w malce paYment
<br /> - - �P��Y bY Borrower.Each insu�nce oompany oonamod �Y pu or aay panct of the�u�oe
<br /> for sucb los�diteetly w Lrender.insesz�of w Borrewer affi w L�eader joimty
<br /> p�oo�s may be apQl�ed by Is�der.at'rs option.either(a)�o the rod�ction of the indebtedaess under the Note amd
<br /> , t'�is Seautty Inapn�neaR.fi�st to any del�uent a�ePPiie�in the order ia parag�aph 3.and tha to P�pfry'mmt
<br /> �. .�yjF Pr�Pa1,or(b)to Q+� �stosation ur tepair of str:dameffcd PmP�'• �Y ePPlicat[oa of the pivxoda to the
<br /> ,°..,.�ncipat shall aot eu�end ar p�s��dve date eg o1�a monthlY Paym�ta whtrh ate nfeered w in par�aph 3,or
<br /> - chaage the a�ouat of svc!►P�Ymmffi- AnY ezcess�ce Pr°°°edg over an amount ral�e8 the�to.�
<br /> ,, inde�tod�uIIdea the Note and th3s�auitY in +n,en SIla11 be patd tO the eIItlty legallY
<br /> �'���'� In the event ot f�reelosnrc of this Socuiity inst�ument oz otLe�t c�aasfer of t'ttle w the P=+epen.y thu euingui�t+es
<br /> � the ind�btoduxss. all rIght. dtle and 'mte�st oi Bomnwar in and to iasurauce po]IIcles in foree sball pass to the
<br /> .; ���,��r�v�a,MaGrtmanoe and P�otectton at the Pr�+�+npaty;Bonnwds Low Appticatioo:
<br /> ����s La�olds,.:,ri9onuw�r ahall oc�cupy, e�ablisL.wd use the Pmperty as�oraawer's p:incipal ceside�wit6in siaty
<br /> - '�'':>� days aftsr t�ie exaa�tion of this Sea�rity Iusuament<or wdtbin s�xty days oS a later satc or�of thz pcopeity)
<br /> � :��nd shall oontinv�e to �Y the PropatY as Borrmwer's prin�sal residmoe for at least uae year afur the du�e�08
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<br /> ' �� �.Boimwa shaU not oo�nit waste or c�troY.dan�Se or substantiallY ci�a8���9 or altow the
<br /> _ -�-. �+n�±ty tcD��srao�.*�,re�a�ble a+ear gnd ttar eu�epted.I�endtr may 3nspax the Pc�op�s�Y #��'°'P�Y is v�ca�at �;�;: :
<br /> - �r:�or t�e Pean is���•tt.T�ndr:may taYe n�so�able acotan to.�ratoct ana Pt�e�'�s�va�i vi
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