|
201109587
<br /> required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in
<br /> accordance with RESPA, but in no more than 12 monthly payments,
<br /> Upon payment in full of all sums secured by this Security Ii�strument, Lender shall promptly refund to
<br /> Borrower any Funds held by Lender.
<br /> �. Charges; Liens, Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to
<br /> the Property which can attain priority over this Security Instrument, leasehold payments or ground rents on
<br /> the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the extent that
<br /> these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br /> Borrower shall promptly discharge any lien which has priority over this Security Instrument unless
<br /> Borrower: (a) agrees in wrifing to the payment of the obligation secured by the lien in a manner acceptable
<br /> to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by,
<br /> or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent
<br /> the enforcement of the lien while those proceedings are pending, but only until such proceedings are
<br /> concluded; or(c) secures from the holder of the lien an agreement satisfactory to Lender subordinating tfie
<br /> lien to this Security Instrument, If Lender determines that any part of the Property is subject to a lien which
<br /> can attain priority over this Security Instrument, Lender inay give Borrower a notice identifying the lien,
<br /> Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more
<br /> of the actions set forth above in this Section 4.
<br /> Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting
<br /> service used by Lender in connection with this Loan.
<br /> 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the
<br /> Property insured against loss by fire, hazards included within the terrn "extended coverage," ai�d any other
<br /> hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This
<br /> insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender
<br /> t�equires, What Lender requires pursuant to the preceding sentences can change during the term of the Loan.
<br /> The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to
<br /> disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require
<br /> Borrower to pay, in connection with this Loan, either; (a) a one-time charge for flood�one determinatioii,
<br /> certification and tracking services; or(b) a one-time charge for flood zone determination and certification
<br /> services and subsequent charges each time remappings or similar changes occur which reasonably might
<br /> affect such determination or certification. Borrower sha11 also be responaible for the payment of any fees
<br /> imposed by the Federal Emergency Management Agency in connection with the review of any flood zone
<br /> determination resulting from an oUjection by Borrower,
<br /> If Borrower fails to maintain any af the coverages described above, Lender may obtain insurance coverage,
<br /> at Lender's option and Borrower's expense, Lender is under no obligation to purchase any particular type or
<br /> amount of coverage, Therefore, such coverage shall cover Lender, but might or might not protect Borrower,
<br /> Borrower's equity in the Property, or the contents of the Property, against any risk, 1�azard ox liability and
<br /> might provide greater or lesser coverage than was previously in effect, Borrower acknowledges that the cost
<br /> of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could
<br /> have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of
<br /> Borrower secured by this Security Instrument. These ainounts shall bear interest at the Note rate from the
<br /> date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower
<br /> requesting payment,
<br /> 231?42
<br /> NEBRASICA-Single Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01
<br /> VMP OO VMP6WE)(1106�
<br /> Wolters Kluwer Financial Services Page e of 17
<br />
|