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<br /> �� te amount not to exeeed the meximum .« • ����
<br /> • Lender may. at enY tane.Cottaet end dotd amoums tor Es��bw Items h an a98re8a n
<br /> emount tAat may be tequUed tot Borrower's escrow eeeount under the FOaa1 Estate Settieme^t ProCedures Aet of t974. t2 U.S.C. '�4:`:"•`
<br /> - - - J 2601 e�s�8nd�D���B �8�tations.24 CFH Pert 3500, as they m8y be BmenQed KOm Wne to tims('RESPA'!.eue0t � � ..
<br /> �_ ��: � tnat Me cnsh�n or reserve DartnMed �y FESPA tar unanti��ated disbursements or d�s�crsmnents betore the Borrowers � ..
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<br /> . ' paymants ar9 evaitabfs in the aeeount may not be�ased on emounta due for the mortgage insurenee p��m• __�� ,
<br /> • i!Me amounts hetd by Lendar(or Escraw Items exceed the amounts permitted to be hetd by RESPA. LeaQer 5h80 eccount • `<;. . t "
<br /> � � to Bartowet tor ths e�acess funds es required by RESPIL it the amounts of(unds�etd by Lender at enY time are not sufftcient to � ,'",
<br /> � �' p8Y the EsCrow Items when due.t�nQer may noidy tAe Borrower and tequtre 8orrower W make uD ths shortags as pertn�ted by � :``� �.;;,� ,'�. ,t;
<br /> ` � F�SPA :- }:;'.. ..
<br /> _ •� � The Escrow Funds ara Ptedged as aQd'diorta!securily tor a]! sums secured by this Securttf►InsWment H Borrower tendars ��r,�;- :F. -., Y
<br /> . `�"-��.` to LenQer the fuU paymer�t o}a0 sueti sums�8ortowefs account shall ba aed�Ted w3h the bataneo�maining tor aU instaUment ':
<br /> items {9?. N}.and{e)ane any mortgaso insurance premium Instaltrnent thae lender has not bacome obHgated to pay W t�� �`f
<br /> � - Secreta►!t.and LenQer s�aD PromVW refund enY mccess Nnds to 8ortower.ImmediateH Prior to a forectosura 6afs o!tus Frt�pert� f, -:, i-`--.
<br /> . ' or 1ts aC4uis91on Cy Lender.Bortawefs aceount shall be eredIIed wdh ar►y balanee remaining tor ell mstalhnents tor dems(eb(b). , :. :; . .
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<br /> �-<:�• •- � � 3.Ap�lIIC8�Ott 04 PBytREt118.AU DaY�ts unQer Para9raDhs/end 2 ShaU be IIDDI�d bY LenQer as toQows: . .
<br /> - • : Pi to the moRgage�nsurance P��m to be paid by Lender to the&ecrelery or to ti�e monthy charge by the Sectetary A ,..;.� . . : � r.
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<br /> ' 6�stead of ttie manthiy mortga9e insurence premium: �.'' -
<br /> .� . , . � Second� tD 8ny ta�s� SpeCial e558&smenis. te25Bhold p3yment5 G► grouad �ertts. end fae. ftood end olhet hazatd � " ..'_
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<br /> . . insurence p�amiums�as�e4uUed: �
<br /> � ThTrd�to a�terest Que under t�e Note; •� _ �-�
<br /> ' � FOLSttt,ta amo�tton of tha P�cipal o!Me Nota:and 'f. :
<br /> `" '.s Fifl1f,to fate charges due under 1�e Note. : :� '•--.'
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<br /> - � ��� 4. Fire, Flood and 04her Hazerd Insurance.Boaower sha� insure aU improvements on cne Propeny. wneu�er , ., , ,�
<br /> • now in exist�+ce or subsequenttY erecteA� e9ainst anY ha�rds. casuafties. a�d contingencies. including fae,tor which Lender ���;;�� .;•'' '. ��--•
<br /> . requhes in5urat�Ce.This inSUrBnCe Sh811 Ee rtm5�ffi�ed tn the emounts end tar the p6rtods that Lendst reqaaes.BOrtower shaQ , u-z�, :
<br /> • .,.;r�.�`' a►s a m s u r e a p i m provements an Me Praperty.whether now 1n mdstence or subsequenUY erected a8�� bss by ftaods to ths ����
<br /> • e�aent requ6'ed by the SecrefarY• AU rt�s�rance sha0 be carried w�Th comDantes aPP�a�d by L e n d e r.Th e i n s u r a n c e p o Q C i e s e n d '� s, �
<br /> any rgnewats shaU be held by Lender and shan inciude Ioss payabis ctauses in favor of,end in a form acceptehle to,Lendar. .:�?'�'., :`_,�:
<br /> ., In the event o! loss. Boirower shall gNe Lender Immsdiats not�e by m80. Lender may make proot af loss a nat msde , r a.:-=+.-_.
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<br /> - ' � � prompUy by Bocrower. Each tnsuisnce campeny coneemed is h�eby sutho�0 and dtrected to make PaYme�t for such bss -�.'• a�_;
<br /> � � d'mecdy to Lender,instead of to Borrower and to Lender jointy.All or any paR of the tnsurance proceeds may be appfiad bY � �_�_�
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