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;: • . ;;� ,..:;. . <br /> �.�..,. . . `-' ,,.-.v.�, <br /> ,--� �,::- -- �- -_--- <br /> ,l^J .. . , . _ .--. _ _.. . . - — • ' <br /> _� j ��--� <br /> . ,; .�.�.��r�� <br /> ;��e:�: <br /> -.- ._~.-.. 1� y'+►yme�¢oP l�Qi►xi�wl,i�ii4►�st a::d 6��te�ha�e. Ijurr��ser 4h;�11 pay�vhen due thc pzincipai nf',mut iirterest c�n, `--- <br /> �hu dcbt cvidcnccd by thc Nutc nnd latc chnrges duc undcr tha Not�. <br /> 2. Monlhly pRyencn�q ot'1's�x .,Insur�nce�nd Other Chs . 13om►wcr td�a�� �n41u in cac:h mm�qhly p+►ynxnt, <br /> - to�ether th thc principal anJ intcr t as ut tixth in thc Nut. :uid ii latc chargcti,an iii+►a nent Uf t�ay (u) tnxcs und <br /> s�ecial usu.�tiincnts Ievicd nr to be Iev d ngainst the 1'ropeny,(b)IcA�e Id paymcnts ur gmund nris un the Pro�xr�y,nnd <br /> _ (��prems�iir.•.i'nr in;ur�n�c rc�uin:ci by •r;�grc�ph 4. <br /> . � SEE M�h m thly in�;talhncnt fo►• item. (n). (b) and (c) shall cquni un •tw�lfii� ul' t��:. ut�nual �nou�t�, ��5 nra�cn�:►i�fy -- <br /> esUn�ated hy Le der,plus um m�ciunt suf'f�'enE to maintuin an ueWitionul bal ce o!'not mc�re Ihan c,n -sixth of the estimatFd <br /> � ATTACH�D����ounGti. Thc fu nnnuiil umount for each i �ti�shull be accumulutcd by l.enc r within a�xriCxl cndin a�ie man�h before an <br /> REYISI.QN{tem woul�becoi delinquent. L.ender shul hold the nmoun�s colleetcd in t st to pay �tems(a),( a►d (c)befcire they <br /> becomc dclinqucnt. <br /> If at nny time ie total of the payntenis •Id by Lender for itcros(A),(b iind(�). tagcthcr witt► e future month y � <br /> -_ _ = paynun�5 for tiuct►itc s p:►yabic to Lender prior thc due datcs of such itcros,ex eeds by morc than onc-. xth the etitimattd <br /> nmount of paymeuGS quired to pay such itc� wiicu ciue, �nd if paymcn45 on the Notc are curr t, thcn I�ender <br /> sE�uO either:efund the e ce.�c over one-tiixth�F the stimated payments or crcdit th excess over one-sixth f the estimateil <br /> payments to subs�cyuent ymcnts Uy Borrower,at t e option ot Rorrowcr. If the t nl of the paymcntti mn by Borcower <br /> for�tcm(a?, (b),or(c) is i sufFicicnt tu pay the item hen due,Uicn EioROwer nhall y to l.�ndcr nny amo� t necessary to <br /> make up th:dcficicncy an beforc the date the itcm tr omes duc. <br /> As used in thi�Securit [nstrumenG"Secretury"m s the Secretary of Housing n d Urban(kvclopment r his or her <br /> designee. In any ye.�r in�vh h the Lender must pay a t ortgnge insurance prcmium ta he Sccr�:tnry(or any y in which <br /> such pcemium�vould have n reyuired if the Lcnder s ll held the Security Instrument each monthly payme t shnll ailso <br /> include cither: (i)nn installmc t ot the onnual mortgagc i ,urnnce pr�mium to be p;ud b Lendcr tn the Secrcta ,or(ii)n <br /> monthly charge iustead ot a m gAge insurance premium I this Secunty Insvumcnt�s hel by the Sesretury. L'.� monthly <br /> installmcnt aF the murtgage ins rance premium shniti be i an amount su[ficient to accu ulate the full unnual ortgage <br />