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.�;L... s.. .t..rl1 . � .. .. . ..�. " " __ _ <br /> - ..t . � ____ ___ — -- - <br /> � ___ _ _ _____ ._ �_-_. <br /> � <br /> .4.1.. ._ . ._._. . ."..__" .. . ., i. / , .. <br /> --_-- -�-»� �►�-y.�• ��}��.'x �-- - <br /> � 13u��t�e;,:t h:�l!6� :y�:ii:�� �lu�: iit•r��.iiu�i,r�l ut�.:c�l in'.i�. l c �t. '� ,;: <br />. . s 6,r., w...»�..i L'w::�r:.:a) 4�.".c:_ :nt.:3 i�:.. _�'..�ic":�. ''' — - <br /> .i,. . <br /> ' _>_— .�j.._�.._'_... _ <br /> — �hc debt cti'iJcuccd t�y ita�Nciic:�itQ I:ltt Cll.�r};cti duc uttdcs thc Nu�c. � <br /> 2. Mi►nthly p�ymentvaC'raxaw.Insurancc A►sd (.'rtirer L1�erKr�. 13or�-ow�rsh:�ll includ�In racU ���ouihly��:ati��icn�. <br /> rogether wi�h thc[�rincf�ml and interess uti scc fur►li ln thc Nutc c!nd nny late ch:►rgc�. an installn�ent ot�uuy {t�► 1��xes;+���1 <br /> sNcciaf ns. .�mentti Icvicd err ta hc l.vi� aga6mt►,hc l'�up�:rry,(hy�:atichuld p:aynteNs ett hr nd rents+m thc l'rayxny,u�x! <br /> (c)pramium+fo�'insurance rcyuired t�y agraph a. <br /> _. p„►ch en iUd,y in�tulluicnt for itcm. (n)� (b? ��•�� (�) yholl cqu �ne•twclf'th ot' �he :�m► al mmwnt�:. n� rrawiu►bly <br /> - � <br /> cstimated by nde�,pWs an amount tiuiG 'ei�.to.�wtat�In an a�+�iden: 4+:,t�����-e of not morc tha c�nc•sixtl��f th�:rstiinat� - <br /> amaun�c. The t 11 unnuel amaunt for euch em�hull lx:�xcumuluted hy •nder within n(�eriai cn ir�g u�ie n�nth heterr ur� <br /> - -`�' itcrn w�auld 6ec c delinyucnt. LenJer sh 1 hold the am�untti callecte in trust to p:ry items (a) tb) und tc) befi►ce they <br /> SEE �omc dclinquc . <br /> If nt atty tim tl;e total of the paymenGs held by I.ender tor items ( , (b� and (c), together 'th the (uturc monthly <br /> �s'f'TA�H�D paymen�ti fur such eins paynbte to Lender pci to thc dt�c dates of�e�ch itri �,�x�:�ds by more than e-sixtf�the estimaud __ <br /> =s:d,�lUPO amount of payn�en rcquired to pay sucl► i ms when duc. nnd if pay ent�ti on the Nate ar� ncnt, thcn Lendt�• <br /> - - � ` ' shall either rcfund th• exczss ovcr one-sixth of c estimaxed paymenG,ar cr lit the exceas over one••s th of�riC eseimatcd <br /> payments to sub.scqu t p�+yn�ents by Bonowcr, t the opuon of Dorrower. d he to�al 01'the paymcnts nade�y D�rrowcr <br /> for item(A).(b),or(c is insufiicicnt to pay the it m when duc,lhcn Borrower. ull pay to Lcncier any a cent nccessary tu <br /> muke up�he deficiency n or beforc the date the ite �bccomes due. <br /> As used in this Se rity Inswment, "Secre "means the Sccretlry of Ho ing und Urban pevelop� nt or his or hr.r <br /> dcsignee. [n any ycar in which thc I.endcr must pa :�mort6aSc insurancc premi m to thc Su:retary(or a ye;u in which <br /> �,ucl�premium would hn been rcyuired if the Len r stiU held thr, Security Insu ment). earch monthly pa nent shall ulsa <br /> include eithet: (i) �n ias hnent of die annual mortg ge insurar[ce pn:mium to be id by [.ender to the Sec wry,or(ii)a <br /> '� ' mnnthly chnrge instcaci uf' niortgage insurance pmnu�im ef thic Securiry Insuvment's held by tha Secretary. .ach monthly . <br /> installment of the mongag insurance premium shall be in nn umount suf�cient t nccumutate the full ann al iiiaRgagc <br /> - iu,u�ancc pratniarn with T der one ►nonih prior to t�ie datc chc full unnual mod gc insurancc prcmiu►n�duc to the <br /> - Secrctary, nr if this Sccurit Iustcuuient is held by tt�h� �ccrct�try. e:lcit mu�iu�Fy c��g� sh�'.! be �n nn nr.un`Y e�uAi to _ __ <br /> — � one-t�vel�t�of one-half perce i.of the outstanding pe�ncip�l batance�iue on the no[e. —_ <br /> _ lC Barcower tenders to nder the full payinent of all sums securcd by this Secilrity instrmnent. Fiorcowe's •ucount <br /> shall be credited �vi[h thc ba nce rcmnining for nll instailmentti fbr items (a), (�) aad�nderahally romptly�efund1zny <br /> premium installment that [.en •r ha.s not become obli�ated to pay to the Secretary,an P <br /> excess�Funds to Bonower. lm cdiately prior to u forcclosure salc of the Property or its acquisition by l.ender,Horrowcr's <br /> ` accaun't shall be creclited wi�h a balamc:ce�n�iuiiig f4r all installments for itency!al,(b)�n�1(c? �=-- <br /> -- ± 3. App!jcat!on of�ayaien�5. All puymcnts under Paragruphs 1 and 2 sh�ll ac npNlied by I.endcr as tollo�vo-:: <br /> - ~ �, �,R,S�,to the mort�age insurancc premium to bc psid by Lcndcr to t1ic:5�:+�ta.-y o� ta tlie monthl�chnr�c 6y ,_,. <br /> �' the Secrekv�y insteud of the monthly monga�c insurance premium: <br /> ° --_ <br />