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201201565
<br /> rcquired by RESPA, aud Borrower ahall pay to Lendet hhe amount ncccssary to malce up the def c'iency in
<br /> aocordanco with RI3Sl'A, l�nt in no inore Uian 12 nionthly paymeiits.
<br /> Upon payment in fu11 of all sums secured by this SecuriLy Insurm2ienti, Lender shall promptly rafund to
<br /> Borrower any F'uiids l�cld by l,ender.
<br /> 4. Charges; Liens. Borrower sha11 pay all Eaxes, nssessmenta, charges, Pines, and impositions attriUutaUle to
<br /> the Property whioh can 2ttaiu prir�rity over t1�i� Security I�istrument, lenaehold paytuenCs or ground rent� on
<br /> tha Properdy, if Tny, anft Connnunity AssociaLlon Dues, l�ees, and Assessments, iY any. To the extent Uiat
<br /> thcso items a��e Fscrow Itiems, Rorrower shtill pay them in Che mam�er provided in Secfion 3.
<br /> Borrower eha11�rouiptly<lischaz•ge atiy lien wluch has priurity over this Senm'ity Insta'mnent unless
<br /> Borrov er: (a) agrees in writing to thc payment of the obligatioa secueed by the lien in a maru�er acccptable
<br /> to Lender, but only ao long �s Bon•ower ie performing suoh ngreement; (U) contests the lien in good faitl�by,
<br /> ar dafancls againsC enfurcement o£the lien in, legal procc,�cdings whic7i in�Lendes's opinion operate to prevent
<br /> tl�e anforcement of t7ae lien while those proceedings nre pending, bc�t ou1y until suc11 proceedings are
<br /> c�ucladed; or(c) seciires from the holdet o�P the lien an�tgreement satisfacwry w Lendcr subordi»aring fhe
<br /> lien to this Seouri[y Inatrumcnt. If Lc,Kidcr datermines tl�ati any paa'ti of Y1ie Property is snbjecC Co a lien wl�ioh
<br /> can attaui�riority over thia Security Inshumenl, Lendo� may givo Ror.rower a notice identifyiug the lieu.
<br /> Within 16 days.of the date on which that notice is given, Borrower shall satisfy the]icn or ta,ke one or more
<br /> of the actions sct Porth above in tl�is Seckion 4.
<br /> Lender may rcyuirc Borrower to pay a one-tiine ch�•ge far•a real estake ta:c verifioltion andlor rc�orting
<br /> service used by Lender in oonnection�vith fl�is Loan.
<br /> 5. PropeYty Insurance. Borrower shalllceep flae iinprovements now cxis6ug or heranRer ereoted on the
<br /> Pxoparty insured against loss Uy firc;, l�azards inoluded within the term"extended eoverage," encl nny oCher
<br /> l�nzards including, but not limited to, earthqunke� and floods,for which Lender requires insurance. This
<br /> insw�auce shall be tnaintained in the twnounts (including deduotible levels) and for fhc po�iods fl�at Lcnder
<br /> requires. What Lcndc;r reqLUres pursuant to the preceding sentiavices can clt[uige during hhe texm of tlle Loan.
<br /> The insurpnoe oairier providing the inautance sha11 be choscn by Borrower s�ibject tio T,endzr's right tio
<br /> disapprove Borrower's ohoice, which right shall not be exercisad unre�sonably, Lender may req�Giro
<br /> . Borrower to ptiy, in comiecfion with tUis Loau, either: (a)a on�fiine charge for flood zone detei�nination,
<br /> certitication aaid t�acking aeivicea; or(b)a one-Hme ch�rge for Slood zone deee�7i�ination and cortificution
<br /> se�vices and sLtiUseqnent charges each time reinappings or eimiler changae oocur whicta reasonably inighC
<br /> affect stu h detcrminat�on or certification, J3orrower shall also ba responsible for the pa}nnent of�ny fees �
<br /> imposed by Lhe Federll L�mcrgc;ncy Managc�ncnt A�;��cy in conuection wtfli the raview of any flood zone
<br /> detormination resulGng from An oUjecCion bq Bon�ower.
<br /> If Borrower fails to m�intiain eny of the coveruges ciescribcd abovc, Lender may oUtain insLUance covarage,
<br /> at f,ender's option aiid Borrower's expanse. Lender is under no obligatioii Eo pvrch2se a�ry parCicular typo or
<br /> an�ount of covorago. 'fherefore, auch coverage shall cover Lender, but inighY or might not protect Barrower,
<br /> � Boirower's equiCy in the Property, or Lhe conCents oP ti�e Property, against any rixk, hazard ot liability aaid
<br /> might provlde greatar or leasar eoverage than was previously in effeot. Borrower aola�owledgas th�t the cost
<br /> of tl�c insnrauce cove�'a6e so oUtained inight siginlic<vitily exceed llie cost of ineurence that IIorrower ootdd
<br /> have obfaincd. Any amountF disburscd by Lendar nnder this Section 5 shall becoxne addetional debt of
<br /> Borrower secm'ed by tlus 9eouriCy IneCrLVnent. These amountis shall l�car intetest at flie NoCe rafe fronl tha
<br /> data of disburseilient and shall be payable, with eueh interesC, npon noCice fron�Lender tz� Sorrowor
<br /> requestiiig payment.
<br /> sa0003eo
<br /> NG6RA51(Fl-Singlo Family-Fannle M ae/F�oddlo Mec ONIFORM INSTROM ENT Form 2020 1101
<br /> VM P(ry VM11 P6(NC)(1106)
<br /> Wollera I(luwer Finandal Services Pac�e 0 of 17
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