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Uormwer wuran�s�andt w►1 ` <br /> convay tlto PropcnY end�hu ttw Pro{xrtY 1� unencumbaod. oxc�►t <br /> def�nd grax.rally th�e dtle to the ProP�t}'a8ainat ell cLtms Rnd cfcmnnds,aubjoct a sny encumbrencas of rococd. <br /> �.Paysneat ot Princi�l,IQter�at wnd l.ite Ctu��e, Fiormwu shaU pay whu►duo tho princigal of�and Intcrest on�tho <br /> debt evldascod by tha Note encl 1�io chugos due iuidu ihe Natr�. <br /> Z.Momthly Payn►eet of T�ucea,IesurR�oe rnd 0l�er Ch�rrea� Horrowar stuill i�ncl+rde ia each ma�t�1Y P�Y:n•'��+ � <br /> togetS►w with the princigal end intes�est as set t'ath in tha Nc►�e a�d Any lata chtugcs�a sum far(u)taxes nnd spociaA inss u�►� <br /> kvkd or ta be lav3od a�►st �hn Ptoptlty� (b) leasehold paymenis or gtt►und rea�ts on the 1'n►PcrtY� �"um�w tho SocrelarY <br /> insytance roquu�d►►nd��r V�4.Ia any ytar in wt►ich tho Lender must pay a mc►rtga�e Insuram�x yx�Cm <br /> of Howing and Utb�n Jkve�opmet►t("Socrcta�Y")�a in any year in which s+�ch pre�nium woul�have boon raluiced if Lendu still <br /> h-.,:,lc!Lh�Sec��i3y t��.••,�",M�, ach monthlY P+�Y�t ahell al�o includo aithct: (i)a swn fa the annual ;��fBhii� � <br /> pranium to be gaid by LenBa 1�the 5eaewy�a(a)a moatWy charga i�s�ead oi p r�x�►gsga� for ttie mocethlY che�8a bY <br /> Ins1rw�ent is hrld by the Soar�►�in u re�acx�ble amaunt W be dct�b ,��„ 'Fiscxow Fu�k." <br /> the SoccdaYY�e��r.se itema e�m callal"Bscrow Items"and the sums paid <br /> L�Ct1dCx ivay�dL�uly tlmC.oollect end ho�d amount�for insc.uw IIk�S$i:Jt^,asl�.'a" '�..�' �!'-'-"'"'3 nc►l:�t exc.eEl!Ihb i1W[3111W11 . <br /> wm�unt that may be roqu�rod for 8amwa's�saow accoiu�t under�ho Rexl k�steoe Settktna��t�fmm drric w dmo("1R85PA). <br /> Sccdon 26Qt �t aeq. �►(t im�lanendng se8ula�one�?A C��3SQQ,ag thaY�Y <br /> ex,no�t thai tho cushion or resexve pamitud by RBSPA fat unanticlp�ced disbucs�nt+nLc°r disb���0�0�6 B�O�'s "n <br /> I�Y��are av�ill�b�e ln the�count may not bo based on entounts due fax the ma�tBaBr,iacurartce prtmium. <br /> TF�hn emsunts he7d bY i.e�s for Bscmw Itams eaoeeQ thc,amounts pem►iitod to be held.by ASSPA,�L�ender ehall deal with <br /> the wccess faads as nxl�ired bY RESPA.If the�wunts of fun�s i�atu by La�a:�r�Ssr��.�r r�:•:�tM�e:xy tlsn Eacmw <br /> Itans whas duv�I�ec�der maY�Y tho Barowu and ralu�re�ormwa a maica up the alwctaBe or deticia�cp a�pamiqed by <br /> RESPA. � <br /> 7Uo fisaow Fu�nds��1ed8ad�s addiHo�wt sxuriry far all sama�ecutod by thfs Sectui�y In'suurnat�If B foct�n��ntalln�cnt <br /> Y,e!+ckr the full D+�Yma►t of�tl soch su�n�.Barowa's a000unt shalll ba aoditnel wlt��tha bn�i�Ca m�8 __. <br /> i�a (t), N).�nd-(�)iuo�:�ny niartg�go inauncwe Pnmlum uutalima�t tt�ut Y..epder�ia not b,e�txteo obllgatcti w pY,w dw -...- <br /> Secx�cY.arxl�.cnda elull promiKlY refund any eaccess fonds w Borrower.Immedl�taiy prio+r t+o a farc�loaure acla aF the Ac'oAa1Y <br /> a its accluisitic�n'bY�• �"'��a�unt ah�il ix crodited vv�tfi gny b�lar�cc rana�nin8 for uel inatallmo�►d faa itama(g), <br /> (�):�d(C). �' <br /> � 3.Applieatio�ot P�Ymata.All p�Ymaus unda'i�ru8�1's 1 and 2 s1u�ll bo epplied by LaKSer as folbw�:� <br /> _Fir ,to�fha unoctBaSe inwra�x Pnmium t�o bo�id by I.ende�r tco.the�+e�Y.ec 1a►the monihly cts�rBo by the Sec.�etttry <br /> L�aread of the monstily moctgago nnsuranco p�mium; <br /> ��w+u�y wxes,�poci�ll we�,uo►a�u.tea9ehoW p�yuxnts a gra�nd xcnt��nnd flco�flaod�nd otieer twnd i��ueaeca <br /> ��romium�.aa xoquitbd' , <br /> �,W�nydratduaundx thnNooe; oftheNote; . <br /> �,ao anwnira�c►on ot cha(xincq�l . .. <br /> ., �.w 7a10 c1u�rKta dno under tho NW�e. <br /> � . • ,ti <br /> . . . ;.�,. <br /> , ,: ; <br /> . ; : . <br /> �. 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