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<br /> , � � Lendw mey, at any tlme,calbct end hold xrnounts far Ercrotiv I[�+n� h an asprepato amount not to oxcoo� tho mnximum '
<br /> � umount thsl mny Be rsqu{red tor porrowere esctow tccnunt under the Roal Est4te Setlbment f'roaadures Act of 1974, 12 U.S.C. �
<br /> �2601 �i �cn� nnd imple+aonling repulatbne,24 CFR Part 3500, os thay may bo n�rondad tram tirnn tn Ilrno ("FESPA"),oxcopt
<br /> Ihat tho cuahton ot roservs permlitod by C�;Sl�� (or unnntlof�atod dl�hun�cii�nto or tll,burc�oniontn bntoro tho E�a�rowor'c
<br /> , . _ p?ymente�ra avulte6lm h lha account may not b� b�EOd on omounta �ue (or the moitpape insuranan prnrnlum, �
<br /> ' II the�mountt h�fd by UnWr for Etcrow It�rn��xc�ed th� unounts pWmkt�d to be hnkf by Rk:b;PA,LUIIdAT phflfl d881 wlth
<br /> • th��xCt�t furtd� a�riqukod by RESPA.If th�emount�o!tund� hNd by Londer at�ny tirne nro not suffbbnt to pny ttin Fcorow ,
<br /> Itom� when duo, Lsndw rrwy notlty th�gorrow�r and nquln BortowK to make up lho ehnrtnpe or detbbnoy tie pc+rmilled by
<br /> � RE&PA.
<br /> The Escro�v Funds are pledfled ae addRbnRl seaurky tor aN eume secured by thM Seaurily Inntniment. II Borrower tenders
<br /> to Lsnder th�fuil p�yment of nfl auah �urn�, B�rrowcr'c ccaount al►a0��crcdl;cd t�lth th� bnlRnco ramAln[nQ far nll tnntallmont
<br /> . a � kema (�), (b), and (o) nnd �ny moRp�p� Insurenas pmnium ha4Nmmt thet l.ender hee nat beoome ob1l�Atnd tu pey to the •
<br /> � __ Searetary,end Lendor ehall prompty rafund tny exaesa lund�to Bortowov.Irnmedhtety p�iar to n faronlasure oala o1 thn Property
<br /> ' f�,� � or ks aaguisklon by Lendar, Bonpwer's account shatl bs arodkW wRh any balance remakikiQ fnr oll Int�tnt�nantn(ar Itemn(a), (b),
<br /> ti..�.,,,,+�M . end(c).
<br /> ' 3. A�pQcetlon of Peymente.All pnYmonta under psrapraphe 1 flnd G'shRW Ue epp{4sd by LundEir su(ailows:
<br /> FIfB to the moAyapa insurenc0 premY�m to be paW by Lender to the 8eamtnry or tu tho mnnttdy chn�o by the Secretary
<br /> � ,�, hstead of th�monthy moRyape insurnnce premtum; , ,,
<br /> � - r SOCOItd� to any taxee, spoolal essasamunts, ktsohQ9! ptyments or qrounA mntn, and tlre, flcv�d and other harard ,�y+..,•.; ,.,t r,•
<br /> � .,�'°'•� Insuruncs prrniuma,as requkac�;
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<br /> '�"'�' � Thlyd to Interoat dw undw th�NoY�: ��'��24P�--
<br /> � �� FourQ�, ta amorflutbn of ths prinapat ot Yhe Noto; • • '��1
<br /> + FIKh� to lste charpa du�undat th9 N�t�. '`,���5r��
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<br /> �`��'.' 4. Ft�e, Flaad end Otfier Haz.ard �nwre�ece. eorrowK shdi Eneuro a0 Onprowments on 2NO Pro erty, whethor ''��'��---
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<br /> 1,��'''����`;!`'', norr In exlstenc� or subaequenty ereat�d, e�5lnst�n ht�:ar�a, casutRiea,and eontin ar�c)sa, hal�din tMg, for whfch L.ender
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<br /> '�=Y�,:.��;(_��� • requkos lnsunnCe. ThF8 hsurance sl�iN b� mehtaln�d h tt�m amounq and for th� perioda 9E�at Londer requlres. Borrower shall -,,.. •,�.�"�
<br /> ��''}`��� � aloo Inaur�lN Improvoments on the Propsrly,whetha►now 4�c4tenc� or subssqumty w+eoted, aqahat bas by Oooda to the =_="=--_-
<br /> . • �� �� extent requlrod by tAe Secretary. AA hsurance shall be carrbd wRh compeniea epproved by Lender.The Insurance polfclas and .'��A•-°-
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<br /> " ony rafowals shaN b�h�W by Lender�nd shaA inobdo bs�ptpabM ckuaas h kvor ot,and In�torm flcceptabb to,Lc�n�or. w�:-=-�•
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<br /> - -. -- - --�•. L� G`�G G'rv:�i G} 18^ab� L'���G�vui ii��G {�iw LundYf FIHilWllt� IIOIICS by rt1lN. l.6(IdiT 1llay rt1Y&� pf00T oi f0tsu ii �101 �7�6d'o _—_�
<br /> • • ,:.,;�?`,��' prompty by BOrrower. Eaah hsurnnce company ooncem�d k hereby authorizW and dMected 4o mflke payment 1or such loss ����t '�:,,,,:.;
<br /> � ;�;-':;•;, : �� dkacty to Unda, fnitwd of to Borrowa ind to LsndYr Johty. AM a �ny part of the k�aurnnc� procseds mey be appiHd by
<br /> � l,andor, at It! optbn, ekher (o) to the roduotbn of ths hd�btodn�af under th� Note and 4nis Seourriy Instn�mant, iirst to eny r„v.,"�''u
<br /> ' " daNnquent emounto rppAed h th�order h Parepnph 3,�nd th�n to propoyment of prYiaipel,or(b)to E�e roatoratbn or repalr of —
<br /> � lh� dem�p�d Proputy. My �ppHcttbn o! th� procMds to th� p►Yictptl thaM not oxhnd or poatpono tho due date of the
<br /> --�f�� • �' � mqnthy psymnr�te whbh �re r�hrcrd to In P�ropnph 2, a chtnQ� thv runount of Buoh p�yments. My excess tnaurance ____
<br /> �.'�;, y'�;� proceeda owr�n vnount roqukoA to pay aN outstendinp indebtednM�undat th�Not�and thb Securily inatrument shali be paid ��_��•
<br /> 4' to tha entky IemNr entkled thereto. �...m•
<br /> tf ' ���t�� In the evant of toroctosun of thk S�curicy InaWmmt or othK V�nsTK of tkk to the Property Ihat exthyulahes the �
<br /> -=- �' �� hdobtednou,aq rlyht,tkle and hterast of BorrcwK In and to hsunna pokaks h forca oh�M pess to Ehe�urchaser. -
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