Borrower'sBorrower'sPerson who is the obligor per the Note. failure to fully pay any required Mortgage LoanMortgage LoanMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents, or  a mortgage debt obligation with a Fannie Mae credit enhancement. payment when due, including,

• principal,
• interest,
• late charges,
• default interest,
• fees,
• pricing incentive recapture,
• prepayment premium,
• escrows, or
• other collateral accounts for
  • taxes,
  • insurance,
  • assessments,
  • Completion/Repair EscrowCompletion/Repair EscrowCustodial Account funded on the Mortgage Loan Origination Date for Completion/Repairs or capital improvements per the Loan Documents. , and
  • Replacement ReserveReplacement ReserveCustodial Account the Borrower funds during the Mortgage Loan term for Replacements. .