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<br /> � If the amaunts heid by Leuder for EccroN Items eacceed the amounu permitted to be held by RFSPA.Lender • ,
<br /> _� shall aceount to Borrower for the exoe�s fnnds as 4equired by RESPA. If the amounts af fimds hetd hy Lender at any ���_���,.��,.:
<br /> :.� time is not su�'icisnt to pay ths Fscmw Ite�s whea due, I.euder may notify the Bonower and require Borrotiver to ��:=
<br /> ' _�.,i_• _— – ..
<br /> m�ke up the shortage as permitted by RFSPA. -- `,�
<br /> The Escrow Funds aze pledged as ad�itional security foT al! sums secured by this Securiry Insuum�nt. If : . .
<br /> Borr��uer te�aders co Le�der the fnll payment of ali such swas.Bormwer's axounc shall be credited with the balance . . --"--.�`:''_
<br /> i8ID�1311A�f4I 311 incra9lmegt itEfD9(8),N).a�(c)aIId aIIy mortgage insu�anCe ptemium inctaltme*+r that L.ender has .' ;�:.: ��q�:"�'"�"`_`-
<br /> aot �onme obligated to pay to th��ecm.Ea�y, and Leadet shall promptly refuud any excess fua�ds to Boitower. .`��, '..,..,v�`,�>
<br /> :s Immeda�ely pxior to a foreciosur�sale of the or its don b Lender, Borrower's account shall be �` •Y --
<br /> ��� ��� y I,3-.�..._..�.�-s��`
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<br /> crtciited cvith any balaasse t�emadnIng for all m�raument�for items fa),N).�(�)• � y�- ----�
<br /> � . 3.ApplIcat[on of PeYmeats.All paymruts under ParagraDLs 1 and 2 shall be applied by L�sier as follows: � N� �-- ._...
<br /> �to the m.ortgage+n��*a++oe premium to be paid by I.ender to the Secretary or to the monthly charge by the _d_ " _
<br /> S�cietary imstea�of the mnnthJy mortgaga insurance pxemium; ;,�_���:�•��T����
<br /> ��oond-ta an}+taxes,special asse.ssments,leauhold paymeats or gcoimd rents.and fire.Aaad and othet 6a�rd � . .=;r,�ERZ.�_
<br /> �•,"s;t,�„�,,�...
<br /> insu�n�pre�miums.as required; _.;s�_ -
<br /> �,1,w intenst due wuder the Note; -�;�r-' -:,
<br /> FnUrth,to amorti�ation of ths principal of the Note;and . ��'- ":°c-
<br /> �,ta late cbarges dne under the Note. �y°�.;-_� —.-, .
<br /> r�—.- _° .
<br /> 4.�b r e.F[n a l a n d O t h r r H a T a r@ I n�r r t�s e.B v n v w e r s h a l l i n s u r e a ll i m p m v e m e�t s o n t b e F r a p e r t y,whether �-.—
<br /> Ha a ��: --
<br /> now in asist�ce or subsequendY etected,a�inst�Y hazards,casualties.and contingencies.inclnding 5re,for afiicb ��__,--
<br /> Lr�rl�r reqnines insivancE. 'triis insutance shall be maintainell iu1 the amounis and f o s t l t e p e r i o d s t h a t I.e t 1 d et e�,-•;op=�° -�__
<br />.. �. Sotm�er shall also ins�ue all impmvements on the Property, whether now in existence or sabseqneusly .r
<br /> en�ted�a�#tr�.Trsss by floods w the extem reqnired by We Secretary.All insurance shall be carried wIth campanics ��
<br /> approved blr Lrsnii�r.'I'�e insurance poHcfES�d any ren�wals shaU be hdd by Lender and ahaU include loss payahle
<br /> civat�ia f�;m-�fi.and in a foTm acceptable w.I.ender.
<br /> 1
<br /> � T��ee+mic+w`loss,Buamvrer shall give Lender immr.��ar�noace by mail.I.eader may maIoe proof af loss if aot •
<br /> '"' mm�i�e p,...,r�',i��Boaowe�.. •G�.ch insurance campan}r co�cemed is hereby authorized and dirersed ta make paytttent '� �
<br />:'z,� � far..s�ch toss�#"iic�*1y.to Lec.�er, iastead of to Borm�ver and to Lender jointly. All or any part of the insurance ��i.'; ._
<br /> • procee�s may i��?plied by I.euder,at it���on,eirh�r(a)to the reducti�n of the indebtedness v�der s�,e Note and _
<br /> thia�rurity in.�ument.&st w s�y delinr�a°ni amour�as applied in th�order in garag�h 3,aad th.n to P�P�� :�;�'-_
<br /> A I��zion of the rocceds to th,° �� ,:.'
<br /> af:t�Pa1. or(b)to the restoratioa or reQair of th. damaged Propetty. Any r►pp' p -
<br /> � pri�ssas�al shall aot extend or postpone tfle due date of the m�ondily payffients whidi am r.�-'rred to in paragraph 2,or
<br /> c�saage the amatmt of sach paymants.An}►excess insurance pmceeds over an amou�m,�nired to pay all outstanding
<br /> indeDi�aess imder the Note a4d this Security Insuunnent shall be paid tn ehe endry tegally e�itled thereto. �,�
<br /> In We event of forectosute of this Security i++��snc or other ur:xsf:e�of dde to the Property tbat extiaguLshes ,_�•
<br /> riy the i�debtedness, all right. titte and interest of Eorrower ia and to �s�^znce pot�zes in force sball pass to the `°-
<br /> w s-�.+�r�.tr rt•e:,
<br /> ; ptIII�3SCI. �!m, •�. .�•,•
<br /> �� 5.Occupanc9.Preserv�tton,Matntenaace aad Ptn�fon af tioz�a�ei4g;�'rr,u�ower's Loan Applltatlon, �•}�-
<br /> �� Lwsehoids. II�t�wer shaU oczupy.estabHsh.and use the Property��orrower's princlQal residence withm sixty �—°==—
<br /> '� da�yys after the c�c�c�ion of this See�uiry Ia�ar�nent(or vrittin siAry�fs af a lazer sa2e or uansfer of the Prapezay) - . .M`'<===
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<br /> ' � ana5 f.hall cunti�sus'�occupy the l�mperty ss�arromer's principal residence for at least ane year after ttts d�te of =�-- -"�--�--
<br /> ' oa�Pancy►.uat��a�r dcn:vmines that r�,:irement;�nliii xause nadue hazdship for Borrower.or unless eatenuating ._�� �_.,
<br /> ; circumstances e,r,c� �{tr-,f� � beyond �^aawer's �nuul. Bosrower shall nority Lender of any estenuaitng --
<br /> � cincumstances.j3,�rv,�:'�;:aii not commit�r�te or destroy,damage or su6standaUy change the Property or alIow the
<br /> ' f' Property to der��.�..rzasaaable we.ar�E tear excepted.Lender may icspPC.t ttte Property if the Property ls vacant
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