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<br />' di the amaunts hst�i 6y L��der far Esrrow Items ca�ed the amounts permitted to be held by RESPA. Lertder !�
<br /> shall sccaunt tu Bnrrnw�r far thit exccss Famis as requirul by RESPA. If the�monm�of fund,hetd by Lender at any �
<br /> time iy noi Sufficient ta pay th�t s�.�ccow ltems when due. Lender may notify the 8orrativer and rec�uim Botmwer to �
<br /> make u�the d�friency aa:pertnitr.ec#by RFSPA. --
<br /> Tlu Escrow Fund!� an; pitxiged :is addirional securiry for :itl �urru secured by this Security Instrument. If
<br /> Borrcwrcr tenden t�� Lende:r tl��t fall payment of ali�uch sum,. Bonower's account shall be credited with the balance �
<br /> - remair�'sng far a!1 ia�tattment itern�s iaf.F�3.at►d ic1 and any tnoF[gagE insuram.�e premiuni instaiimeni that l.e�zder has �"
<br /> nnt lyecome abligated to pay ht the Secretary•. and Lender shal! pmmptly refund any excess funds to Borrower. �
<br /> Immi:diatety prior to a fat�ci��re sate oi the Property or its acquisiuon by L.endet. Borrower's accaunt shalt be
<br /> cred:t�d with any balt�nce rem�inin�for all instaliments for items la).(b),and(cl. �
<br /> 3.AppEIsaifon of�rs,rancn�ts.AII Fayments under paragraphs 1 and 2 shall be applicd by Lender as follows: s�'
<br />' F�,to the mortga�s in�xtraace przmium to 6e paid by Lender to the Secretary or to the monthly charge by the � `
<br /> Secn�ry instead af the mamhi�mort�e insuranoe pnmium: �`"
<br /> = Sccond,to any taxes,sF,ae'ial assessmenu,leasehold payments or ground rents,and fire. 8oad and other ha7ard -�—
<br /> insuaance pnemiums.as reyui►�: —
<br /> 7'[vrd,to interest due unQlrr the Note;
<br /> Fourt ,to amoiti�mion n�'the griasipal of the Nnte:and �,,.,,,
<br /> Ffih,to late c�rgcs dua under the Note.
<br /> ; 4.Fbr�Hload aad(lther Aar�rd lnsaranoe.Boaower shall iasure alf improvements on the Property,wheiher
<br /> now in existenoe or ss�bs�uenity erected.against any hazards,casusilries,and wnringenries,including fire,for which
<br />� Lender reqsrires insurunca. 7�iis insura�te shali be maintained in the amonnu and for the periads that t,ender
<br /> req�dres. Sflrrotiver s��ill alt+u `snsure all improvemenu on the Property, whether now in existence or subsequently
<br /> ' ere��teet,ageinst loss by flnnciu io the extent required by the Secretary. Ail insurance shall tre carried with companies -
<br /> ._ apFrv��d by Lender_Thc insau�nce policies and any renewats shall be held by Lender and shal!include lass payabte
<br /> claaees in favos of,and in a fa�n acceptable to.Lender. . �_
<br /> la the event of I�ss.Borr�tiver shall gir�e l.ender immediate notice by mail. Lender may make proof of loss if not
<br /> • made psor+�ptly by Ar�mnwrs.�'ach insurance company concemed is hereby authorized and directed to msilce payment
<br /> for.sucP�loss directly tn Lentter. instead of to Borrower and to Lender joindy. Ati or any part of the insurancx:
<br /> ,; pro��v�c3s may be applied by I;�deff.az iu option,either(a)te the reduction of the indebte<lness under the Nat�.nntt ---
<br />,�< this Servriry Instnimeni, firzt:tu;ir�delinquent amounts apgii�t in the order in paragraph 3.�and then to prepaym�mr. �
<br /> • of nrci or (b) to the re5toration or r air Qf the dar_-<�-ed Pro Ao a t�cation of the rocecds to the �'
<br /> � �- P�• eP � PertY• Y DP P —
<br /> • P���R�shal!no�extra�d ar postpone the due d:�of the monthly payments which are refemed to in paragraph 2.or
<br /> . y`. churtge the amount of such p�ments.My excess insurance proce�s over an amount require�to pay a!1 outstanding
<br /> �'`� iadebtectr.ess uncter the 14ote and dris Suurity Instrument shall be paid to the entity legally entided thereio. =-
<br /> In tlte event of fnrer.tasure QC this Securiry Instrument or other transfer of title to the Property that extingaishes
<br /> th� ir.debtedness, all ri�ht, d�le and interest of Borrower in and to insurance policies in force shal! pass to the
<br /> pu►�rhoser.
<br /> ` S. Qrcupaacy, i��zae,�vnti��l Maln4enance and Protectton of the Fvnpes�y;Banower's IAan Appltcatton;
<br /> • laensel�u!�. Borra�var shzfi:c:��y,establish.and use tl�:Rh�perry as Borrower's principal residence within sixty
<br /> �� days aft:r the execuuon of�ii�5'�riry Instrument(or wirhtis siaty days of a later sale or transfer of the Proper�t���
<br /> � and shall conrinue to•oa�pv�.��'roperty as Borrower s principal resideace fur at least one year after the dat�.�.ti �
<br /> . pnn y.untess Lc�td�:r:d�trr.:.Snes that req�z�.r�sent will cause anQue hardship for Bonower,or uitJe�sr cte�ir� • � �'= �
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<br /> � cintuacstaRO�s exist tyli�:1��:�� Ir.�yand Borrawer's control. Borrower shall notify (,,ender of ,ttt�%�tr.�;�nW:tijs�,c �
<br /> .. cin¢umstances.Borrower shqll�r:en u�mmie waste or destroy,dutnage or substantially ch�t��c��e Fec�r�.x;-vr afla�a 19��°
<br /> � Prope�¢y to deteriorate,re�sam�t;wear and tear excepted. Lrern3er may inspect the.Propetiy iF G�:L��;rty is va�c� !�""°'
<br /> ' � or a6andoned or the toan ic fn default. Lender may take reasonable actian to protect s�nd presea+;�:3iu:'�vacant or �°-=�
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