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<br />��., 9�°�00��9 ���� � ` - � �,� �� = -
<br />.� � If the amounts held by Lender for Escrow Items exceed�he amaunts Permitted�° be�eld by RESPA. L.eader � � _ _ .�
<br />�`j s�aU account to Bonower for the excess fiinds as requite�i by RESPA. If che amounis of funds hetsi by L.ender at any --- _ , �
<br /> s aU �T>-. .__-
<br /> d �e�nu�sufficient to pay the Escrow Itw�s when due,Lender may notify the Borrower and require Borrower to
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<br /> : make up the shortage as permitted hy RESPA. �
<br /> •' The Escrow Funds aYe pledged as addidonal secaritq for aU snms secured by this Security Instmment. If . ' M:�,�: —
<br /> ' Boaower tenders ro Lender the fnll payment of all svch snms.Borrower's ascount shall be ciedited with the balance - , - - - °.' ` - -
<br /> remaining for all installmeni items(a).(b),and(c)and anq mortgage insuiance Pmmi�installment thai Leniler h�s ; .. -;.4','-. ' -
<br /> :ry:
<br /> not become obligated to paY to the Secretary. aud Lender sball prompdy refiand anl►exc� fands to Borrower. ; ( i,4 ' P�z.
<br /> ImmediatelY Pnor w a foreclosuie sale of the FroPertY or its a�qaisiEion by Lender, Bomnwer's account shall be ,::f `' �"r"�_.
<br />. � cm�ited with any balance mmaimn8 for alI installments for items(a),(b).and(c). � � ;,�:.`�,�,,.,
<br /> � t 3.Applisatton af Paymeods.All payments ander paragsaphs 1 and 2 sha11 be applied by Lender as follows: :-�.-._;:-'.____ _��.. _
<br />:?'�s Fin to ttne mortgage insarance premium to be paid by Lender to the Secsetarp or to the montbly charge by the •, : „ a�--°.�-_--.
<br /> � SeCietary inSlead of dle mOnlhly mOrtg3$e InS�I�t�pI�i�m� , ' _�
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<br /> �,.; Secon w anY taaes•�Pecial assessments�leasehnld payments or gronnd ients,ansl fue.flofld and other baTard ���;�:�.-.-
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<br /> ',i j�plEpLmmc,8S iCQU1TCd: . `' -:—� —_---
<br /> .:s �'rd,to inietestdne ander the Note; -"a���,, f.._ __-�
<br /> '. of the Noce;anc! -��--
<br />� Poua� to amortization of the principal �'T A� �
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<br /> � Ffc�'to late charges dne unde.:fie Note. `�'°�_
<br /> ` pmgerry,whettier ,: ;�'�
<br /> ,..�� 4.F�e,F1��9 r•.,�r�Other Hazard Iasmrance.Borrower shall i�vre all impmvemeuts on the ;<<.. :_•._
<br /> ' now in existence ar s��sequently em,c�d,againsc anY ha�ds,�s�laes,and conGngencies.inclu�in8�.for wluch 1�:.=..�
<br /> :� Lender �uires iasut'ance. This insncance shall be m m i n t a i n e d in t he am o n n t s a n d f o r t h e p e ri o d s t h a t Lender %'��' �"�".`" �'�:`
<br /> 14;;...
<br />` . ' ,..�,,.:
<br /> � , requires. �urrowes shall also inse�all imProvements on the Property. whetla�r now in existense or snbsequendY �= ;: "
<br />. � erected,a€ainsc loss bg floods m�i.e�xtent requir�d by tLe Secretary.All insurance sLall be carried with companies '':.:� - _ .
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<br /> a p praved b q Lendei.'�!�insuiar.��olicies anfl o:nc renewaLs sball be held by l.ender and shaU inchcde loss payable ;1,:-.•�..;.: • �5,i
<br /> clauses in favor of,ancl in a fosm a�ePtab2e w,L�r. �-_
<br /> Ia r�e eveni of Ilass, Boirower�al]give L�dE�i�nmed:ate natice by mail. Lender may make proof of loss if not • .�� . ._-
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<br /> made p��o�atly by Borrower.Each�uiance comFaz►Y conc��is heieby authorized and directed to�Fa5'm� :�{:•, ;'�I., °•
<br /> .t for such �ass dite�xly to Lender, i�s"�ead of to �ortower ar.��I.ender jointlq. All or a.u�patt o'f�: i�sar�.�e - :� . .�;., � .;. .-
<br /> � ��' •�. .,.o_
<br /> ,. ' proceeds may be a���ad by L�ender.at its optian,eithet(a)w[he rednction of the indeb�s under�.Note� -+�+�r�-^.�. -`1£1 `.;.:_.
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<br /> this Secarity Inst�e�, fiist to any delinqnent amounts applied in the order in paraSraPh 3,awrl then to grepa9me ��:.�'<�.., ..;=:�•:� .tr�,;,,_• � �
<br /> pny application of the praceeds w the "
<br /> �` of ptincipal, os(b) co the restora.tion or repair of the damaged ProPertY• 2�oi �; �:• �
<br /> . . � P�P�shall not extend or peastp�iz the d�a date of the mont:�ly'FaYments wtuch are referred w in paiagraph ,, • -�:
<br /> '! cb.wge�e amonnt of snch pap�.�3+��inc�.�„�p�,rx�ds over an amoant ieqvimd to PaY all ontstanfling '
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<br /> indebtedness nnder the Note and t..�S�ariry?��*n,menc sball i�paid w the ers'sty IegaUy entitted thereW. ���
<br /> . In the event of forec2osure of this Securiry���camont or other trasufer mF atle w the ProPert9 thai estinga�shes ,,^_-`- - -
<br /> the indebtedness, atl �►. licies in fonce shall ass w ihe �� - ----
<br /> ri t dfle asd iaterest of 5�xrower in aad to insvr��ce po F ��_-- '�
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<br /> � �• �31�.r�.r.;..
<br /> � 5.Occupane9+Pre�ervationq'�.Iafnt�snce and Prot�ct3mn of We Prope�ty, Boe�a��ar's Loan Aptd?cation; ��_,rt�'�,e^ .-.-
<br /> �' ` Leasrbo�d4. Borrower s�hatl occaPf,esta6lish.and nse the Prnperty as Borrower's principal residenre within sixty _ --- - -.�_
<br /> : �; days after the exewflan of this Se�nrity Tnsp�ament(or within sixtY days of a later sale or uansfer of the Propeaty) � �r:.�:'°,.:,-
<br />' `,:� antl atiall conrinue to occupy tha Fmperty as Boaowes's piincipal residenoe �or at least one year a€ter the date of —
<br /> .. _`• occupaney,unless Lender deteimi�e�that requirement will caase nndue hards�ip for Bosower,or unless extem�ating -�� �
<br /> circ�stances exist whach are �ond Boirower's conuol. Borrower sha11 notify Lender of any exte�ating ._�- .�'•_ :
<br />. � �.Borrowe3 shall noi Com�ii vvaseP or destroy,damaSe or substantiallY cha�3e Fke PropertY or altow the •,
<br /> Property to de�iorate,�eaSO�1b1@ wear a�t![�.xCepied. Lende�may iu��i lhe P[opertY if the PCUpCrty 33 VaCeIIt -- -a�i�'�a�aY;��
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<br /> or abandoned or the loan is in defauIt. Lender may take reasonable action w protect and preseNe s�vacant or ��•1 �;��
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