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<br /> „ ,.y�r:� -� �• ;, ' 1. Fayenent of Pcincipal,Interest and Late Charge, Borrower shull puy when ue the principnl�f,und intereston, {„ ,.��,.,,.._'�lY �
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<br /> the debt evidenced by the Note and latc chargen due under thc Note. "' ""'��''� �
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<br /> 1. Monthly paymenta of 1�xes,lnsurance und Other Char�ex. Borrower shnll include!n euch monthly payment, . •:,�;:z�;,��.
<br /> , 1 together with the princlpul nnd interent ac set foRh in the Note nnd cuiy Inte charges,un instaUment of any (a)taxes nnd . :��,,t•r„�.--
<br /> epECial assessmenGg levied or to be levied against the Propeny.tb)lecuschold payments or Sround rent��an tha PropeRy,and „ -,`.___`:'=�Y—
<br /> �'�'"-� . (c)pmmiuma for fnsurartce requtred by Para�ruph 4. �s�=�;;f:�;r;:-
<br /> � ' Ench monthly inswllment for items (a), (b) and (c)shall equal one•twelfth of the Annual amou�ts. as reasonably '" �T•-�•�•
<br /> " esdmeted by Lender, plus an amount sufficient to mnintain an aJditiunul baim�ce of not more than one-sixth of the '"��- -_
<br /> , .'�'u�.� -
<br /> esdmated amounts. ThP full annual amount for each item shall be nccumulated by Lender within a pedod ending one �.,...v,�_,_._
<br /> . . month before an item would become delinquent. I,ender shell hold the amounts collected in trust to pay items(a),(b)and -• --__
<br /> •,,•� �' (c)before they become delinquent. � . ���'.=�°�° ---
<br /> If at any dme the total of the payments held by Lender for items(n),(b)and(c),together with the future monthly - --
<br /> payments for such items payable to Lender prior to the due dates of such items, exceeds by more than one-sixth the ''-�:�
<br /> estlmated amount of paymenu rec;uired topay such items when due,and if payments on the Note are current,then Lender .A ;;���
<br /> shall either refund the excess over one-sixth af the estimated payments or credit the excess over one-sixth of the estimated ���`"-`��- ___
<br /> paya:ents to subsequent payments by Borrower,at the option of Borcawer. If the total of the paymenas made by Borrower :=�y'S ,,_:.
<br /> for item(a),(b),or(c)is msufficient to a the item when due,ihen Borrower shaU pay to Lender any amo�ant�ecessary to F ^• '��+'���:_:
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<br /> � maPce�ap the deficiency on or before the date the item becomes due. :, • ;'.•�;:.�;`s-,'•sy�;
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