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�� _�r�i �"'4 f• � .:t•.. .w;T- i}IO�'� . . � 1�'f��lY.� :�...._ ..."' "" � � 1i110!�� ��M LOANNO. 1 5 392 1 438 7 a`'— ' 1,pmynHnt af Principal,Intor��t and l�t�Chsrqa. Borrower sttiaU pay when due tht�prinGlpa!of,arui Intzr�st on, _ . � tho debi ov!�encoci dy tho Note as�d late charges clue urxler th�Nc�te. �= 2.Iltanthiy Paymanle of T�x�i,ln�turpnr.a,�rxf Qther Ghsrya�. Bwrower shall include In eaah mpnth�y �- , paymant,to�e4hor wah thQ principa!and interaat a:�sat forth Irt the Note and any late char�es,a sum t�c(r�)taxes and �__ spectnl assossmunts levleci or to be levied agalnst thc�Property,(b)Ioasehdd payments or ground renta u�i thc� �;T__ Properry,arut (c)p�emiums tor I�surance requlred under Hara�raph 4.In any y�ar�n whi�h the Lendor must Ray a ' mortga�{�piatimnaa pre�nlum ro the S�retary of Housing and llrban Development("Searetary'),ar In an��y��r H�whk;h f�- ' suGh premlum watld havo beon requlre�i fi Le+idar stAl heid tha Soctuity�nstrument,each m�nthl �t�� p.�ymnni sitt+ii�Itcs ; inciutio ekher. (i)a sum h!r Yho annual mortgage ktisuranca prorNum to bo paki by�Landnz tQ thp�c�r,r9iu��,�,a�(+i�e 4-_:_. manthiy chargo Instead of a mortgage Iruuranca premlum ii thts Securiiy In:�irunldnt is hi�'-J�y ihi3 SACi�32ii►�1,?n� `: reasonable amot�nt to be determined by the Secretary. Except for the ma�thly charge C��tha Sao�qtnr�,tl�a:a�eros �: " are called'Escrow Items'and the sums paid to Lender are cailed'Escrow FundS' g� ' . Lender ma�r,at any time,cdlect and hold amounts tar Escrow Items in an aggre�to amaunt nat t�exceod tha t:;: ma�dmum amount that may be requfred for Borcowe�'s escrow accouni under the Rea!Es4uY��Settlum�nt Prccedures �r.;, Aat of 1974, 12 U.S.C.S 260t etseq.and Implemant(np regulations,24 CFR Part 3500,as th�y m�p t�e am�ixind from r%.r timo to time�RESPA'),except that the cushlon or rqse�ve permitted by RESPA tor unantictpatr�ct dlf.hutr�ments or �5�: , disbursc�mants befare the 6orrowe�'s paymants a�e avaitabie ir�the accouni may noi be based cn smaunt�due for the _r=_ � , martgnge fnauranaa premtum. If the ameunts he�d by Lendafor Esc�ow Items exceed the ama:nts pertnitted to be hoW b�+R�SRR,Lemier sh�lf � � .. ' deal with the excess fu�ds as requlred by RESPA. ff the amounta of funda hold by Le�der at an��ttme&re nat suificlant � te pay the Escrow itams when due,Lende�may natiiy the Borrower and roq��irr�Borco�ver to make up tha shartuge or � . dufi�iEncy as permftted b��RESPA. The Escrrnv Fund�ara pledged as addftional sacurity tor ati sums secur�d b��thts Security In�t�umant. If Ranower : ; tendsts to Lender the full payment of all such sums,Borrower's account shall be croditod wlth the bal�nae remAfninfl '_; � fo;al irsst�lt�nsni items(a). (b),��d(c)and ans�mortgage ins�rance premtum instoUment that Lender has nat t�ecome + obfigatod to pay to the Secretary,and Lende�shaJt prompily refund any excess funds ta�arcrnver. Immedlateiy prior to :, j a fereclosure sale of the Property or fts a uisiiinn by Lender.Borrower's account shall tie crodlted wlth anp bala�nce � rematning for all Insialiments tor items La)�b),and(c). : �:� 3.Application of PaymeMs. All payments under Paragraphs t and 2 shall be appl!ed b��Lertdar as iURn�vs: FIR T tv the mortgage insurance premium to be paid b��lender to the Secretary or to the monthty char(ie�y the Secretary Insieaci of the month(y nTangage insurance Rromium; gECOND,to anl►tar.es,special assessmenis,leasehdd paymeni$ar grourxJ rents,and flte.flaod and other hazard � fnsu►ance premiums,�s required; °' THIRD,to interest du�under the Note; FOURTH,to amortlrstion of the principal of the Note; E-s . F�T�,to late char9es due under the Note. _ 4,plre�F�ooti�rtd pther Ha�M Inturanca. Borrower shail lnsure all improvementa an tho Properly,whether =