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<br /> "'��^`�''T If the amounts held by L,ondr.r for E.qcrow Items excad the amount�perniltted to be held by Pt�SPA, Lender �:':.
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<br /> su�ll account to Borrower for tl�a excess tWnds as required by RESPA. If the amounte of funds held by I.eader et any
<br />•_�-- -'�; timc are�aot aufficient to pay tha Eacrow Items when due. Lender m.ay aotify tbe Borrower and require Borrower to —_
<br />''� �w , ro�Ice up the ehortagc as pem�iucd by RLSPA. �
<br /> The P.scmw Funds are plalBed as addItional security for all sums seoared by this Securlty Insaument. If �
<br /> ` � Borrower tenders to L.ender tho tWl nuyment of�ll such swms.BuROwePs account Fhall be cndited with thE balance _
<br /> .. rem�ning for all installment itemu(a). (b).and(c)and any mo�gage insuxancc pre'nium instt�!]ment tR�at I:ender has ���.�=�_
<br /> �;,,•' •' nnt be�ome obligated ta pay w r.F�e �xs�'uuY, and Lender s4na11 promgt,�y refund az►y eacess func�s to Borrower. �,r.
<br />.._;;;��t�.;�, ' �, Immcdiauly prior to � foreclosu�c: sa'e of¢b:e F'.r�n�erty or its a�isiaoa by Lender� Bonowor's aceour�t ahull be
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<br /> :;;t�fi.;�.���!.1�;;; ' credited with any balance nmalsu�aB�'or all installrmente for items(a)� N),a�d(c)•
<br />;,� , ::,�,� i� 3.Applicatioa ot Fayment�.l+31 puyuienis under paragr�Fhs 1 and 2��r.11 be applied by Lender as follows:
<br /> =,;;�.:y�;,i;,,,:: i+�r ,to the mortgage insurance premium to be paid by I.�nder to ttr.e�xretaiy or to the monthly charge by t�e _
<br />" Secretary instead of the monWly mort�age insurance premium;
<br />-,���'_�:.,' ,�Qp�,to any texcs�Rpeaial assess�nente�leasekold payments or graund rtnts�and itro�flood and othet haz�rd =
<br />:�:...�,vc_ �uraace premiums,es re4uu+ali
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<br />_�w_�_ �,��to intereat duo undcr tho Notc; --
<br />-;��s � �q�y,ca amortizadon of tuo pr)mctpal of the Noto;anG
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<br /> �j$b,to late chugci dua under tha Nota.
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<br /> �{.F i r��F l o o�!�q d l kder Na�ard Iuwnnce.Borrower ahRll tt�urc all tmprovements on¢he Property�wh er
<br /> " `'"�=�=`- now in eaiatence or euba,equently erocted,�8einst+u�y h�xude.cseuileta.�nd contin�encia,inc l u d in�t iro. for w t►t c h
<br />-NY''"`,..� Lender roquira insura�ua. Tt�is Insurauce ehall bo maint�fnod In �he unounu wo for tha pedodi thu Let�der
<br /> uira. esonower ei►aiI dav fr�uo ati fr�m�ss�ai��!� p"-".�n!': �hether now ln existence or�ub�equently
<br /> --'•��ie� c���alnet loaa by floode to tue exunt roquit�ed by tho Socm�ty A!H ius�ta�a th�11 b°cutl°d wlth cott�paala
<br /> :���?����::� opprovcd by Lender.Tho inattt�tcc policfe�aad u�y rcnawtls shtll be tbeEd by L,ender ond ehall include losa psyable
<br /> _����4;�?� clauses in favor of, and in a fonm accepteble to.Leader.
<br /> ---- °- In the event of loss,Borrower sh�ll give I.ender immediate notice by maii.LGnder maY make Prootof loss if not
<br /> '`--_--.--: made promptly by Bomower.Each inaurauce campaay concer�ed ts heremy autborized and dirocted to m�lce payment
<br /> --"��� for aucb los� dinctly to LCndar. inetead of to Borrow�r tnd to L�jolntly. �►11 or aay put of the inaunnce
<br /> -- ---�!, proceoda may be applled by Lcnder.at its option, e[ther(a)to tho sahtt�ion of tbe indeh 3btedness�t p�aY�
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