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<br /> If the amonr►ts held by I.ender for Bscrow Items excced th�a�mounts pcmiitted to bc Ae1c1 l�y�i�ll�FA,Lcndcr ehall
<br /> ` � account to Bonower for the mxcess funds as requirod by RBSPA. If tho nmaunta of funds hel�l t�y L,cn�G�r et any Qmo
<br /> , :«,�,,;�.- ' are not sufficient to pay the fiscrow Items wheri due,L.ender ms�y notify�ho Horrower and reqc�d�a�lqwrowor W m�lco up
<br /> .,t�,, : Yhe shortage as permitted by RES�A.
<br /> The Escrow Funds am pledged as addidonal sccurity far all sums sccurcd by thls Sccurl6y lnitr�timertG If Barowet
<br /> �� . te�ders to Lender the full puymcni flf all su�h su�s,�ortnwcr's�courtt ahall bo credited with��o taltxica e+�m��ning[or -
<br /> �11 installment items(a)� (b),and (c)and any mortgage insur�rc Premium instalijr�ct►t�vre�lrAmedfutelt bocomo �'x•.
<br /> refi�nd an cxccss tunds to Y P� �'�"-��
<br /> obGgated to pay to the Searet�uy,and Lendu shall promplly Y —
<br /> �, .' a foreclosure sale of the Propeny ar its acquisition by L,er�du,Horro�vu's sccount ehal➢be casdj5rcl wl�t anY tu�� �;._^�:
<br /> remaining for all instaUlment,9 for uems(s),(b),and(c)• 1�,�2 shall bo epplZed by i.cr�,'itr es galbwa: �:=�A
<br /> ;! . 3.ApplkaHon o!Pay�ments.A11 paymenu wtider pu�►aFt+s
<br /> � gyg�,to the mor1gAge ins�uance premium to be paW by I.es�dtr to the Socretary a w�fio�4fity chyr�o by 1ho
<br /> . .�; � Secretary inatead of the monthlY mortgege insurance pre�r�iu`a� —
<br /> ." � �T�.
<br /> �,p�,w any ta�cas,speci�l assessments.leaseholc� pay�tnents or ground nzn4s.ar�d fur�e. fk�d and aher haa.iud �_,;:
<br /> insutanccs prcn►iums,as tequircd; ''�
<br /> � �j�Q,w interest due undar the Note; �-='R
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<br /> . � gpy�,co emordzadon of�he prIncipal of the Noir�;and _
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<br /> ;; gj�,to late charga9 due under the Note. --
<br /> 4.FYrx�FIo�M and Otl�er Hazard Insurance.Dnmowea shall insurc all improvemeats aa 4t�v F'roixrtY�wt�2thtr =--
<br /> now in existence or subsequently erected,agntnst eny haz�cde,catualdts. ond conti�B�r�ks.fa�c:e+�ilnB firo�fa which =
<br /> Lendc,r require,9 insivance.This insurance ahall be m31nti3nod in ttw amounu end for t�e pcdods tt�nt Lcnder requica,
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<br /> Bonrowu shall elso insure all improvements on tt�e�ropeary�w�a �niw u�G,►�w�ti�.,•o
<br /> loss by ttoods to the extent required by the Secrciary.All insu.ronce shall be curiod wlth cau�aa�a�pprovod by L�fa.
<br /> - 'Iho insurenca pollcics and any renewais si�uil i,a t,�t;�'�;.�.:.;� � • �:lsx.t�l�na rn�g�sL?cLuurs in fivor o[.and ,
<br /> � in a fotm acceptebk w,Lender.
<br /> In ihe event of bss,Honower shall givc Len�er Immedi9t+a noctr.e bY mail•Lender ne�Y r�ek�txa�f of�i�� —
<br /> � �P�P�Y by Borrower.Bach ineurance company co�cr,rt►cd Is t�eteby auttwrized ond Nrecouf oo muke P�Y
<br /> such bss direcdy W Lender.inatead of to Bonower end to Lu►�er Joindy,All or eny pert oE 1ho ir�smnnco ptocoedf m�Y
<br /> ,. bo epplied by I.ei�der.at its optlon,either (a) to thc nduct�on oi th�o indehtedncss umd�t Ibo h�6o uid Ihb Socurfty
<br />- :..,, � ,, In�trument,firat to any dclinquei�t amounts appli�ed in the aader in parag�nph 3�and tlict�V�prc�aym�en��f�1�d
<br /> . (b)to the re.gwration ar repair of the damaged Praperty.My appiicatjoa of tta procoede tr�I�eo Prfracbp�l
<br />-�- . ..�. ,. or postnono the due dato of the manthlY PeYmcnu which aro rcfcrrcd w in pm�gnph 2�a chunp,�o tho Nnount of�uch —
<br /> p�Yments.Any exccss insurancis P r�c c e ds over an amount roa�uirad t+o pa�Y���B indebb:da;x,c�under tho Nnlo
<br />_ ' ::�:�'• end thfs Security Instcumr.�t ahall be pald to the et►dty ltga!!y entitkd x!►aetA.
<br /> - �-;4u'�°`:� U tho event of foroclosurc of this Security Itutromcat a�ott►a tsan�fer of titk ta t'w PropertY L1wt axW�ttlsha�Ihe
<br /> '`�''-:-:. indebtodness�dll right,dtle and interest oY Borrowcr in and so ins�u�e policka in[a+co eAW po�s�o tha pucclWa.
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<br /> S.Oocdp�nc!'� PClil�'1'A�OA�11+S�YII�CAQIIOC ilnd Pf02CC�I01 li�l�i! PfO��C�a�+'�r't La� AypYcatio�i
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<br /> _�t=;.�,p,�,. Le�seMold�. Baro�ver ahall occupy�establlsh,�nd use thC Pco�s;ltY t�B�iowu's�'L.�c�:cs��t�s�vfLt*�+!Ey 51�y�
<br /> ==':';i;:.. dt�r Iho exocutbn of this�ecurlry Insuument(or wlthin skty dmys of a laur sa1c a ur�nsfet ot tAr Pro�atY)ond sh�ll
<br /> �`�'�'::�. :',; ca�tinuo to oceupy the Pc�oper6y as Borrower's Drincipal residttice fa et k�t one year nfor.r t�d�te oi oxup�tey.
<br /> -.. �=�."�� . un1ese Lcnder daamines that req�ilreme�►t will c�uso wsdue hudthip fa Bomawe�.ct unwas cxy:rt�uidna cir�un�
<br /> ':'�.` oxist which aro b�yond aarmwer•a conuol.Bonower sl�all norify I.cndar of eny cai�enuadn�cJrs�nsunce�.Borrawrt
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<br />--:-.�.;,�,.:�;� ehaU nc�t commit wa4ta or desuroy�da�'naSe or substandally ch�Be tho Prop�xty a a]jow ti�u Flva�x7ty W de�asonto.
<br /> �;�x'.,r�;�� reawnabb wear and teAr caccpted.L,ender may insQect the Pe+a�peaty if the Propetty ts vacane a�andonod a ttw{om V
<br /> "''"'s..� in dafwlt. Let�du may mlco reasonable actian to protect ond preserve such vacent a ebnndoned Prope+tY.
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