201201900 - Laserfiche WebLink

Browse

�Q1�019Q0 required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments. Upon payment in full of all sums secured by this 5ecurity Instrument, Lender shall promptly refund to Borrower any Funds held by Lender. 4. Charges; Liens. Bonower shall pay all taxes, assessments, charges, fines, and imposirions attributable to the Properiy which can attain priority over this Security Instrument, leasehold payments or ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the extent that these items aze Escrow Items, Bonower shall pay them in the manner provided in Secrion 3. Bonower shall promptly discharge any lien which has priority over this Security Instrument uuless Borrower: (a) agrees in writing to the payment of the obligation s�ured by the lien in a manner acceptable to Lender, but only so long as Bonower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in L.ea�er's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only ustil such proceedings are ooncluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the �ien, to this Security Instrument. If Lender determines that any part of the �rty is subject to a Iien which c� attain priority over this Security Instrument, Lender may give �osrower a aotice identifying the lien. Within 10 days af the date on wluch that norice is given, Borrvwer sbatZ satis�y �Ise tien or take one or more of the actions set forth above in this Secrion 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting seivice used iry F.ende� in connection with this Loan. 5. Property Ins�rance. Borrower shall keep the impravements �ow exisiing or hereafter ere,cted on the Prc�peFl.y i�recfi agaiast loss by fire, hazards included within the term "exte�ed co�rerage," a� any other hazards ineluding, b� not limited tq earthquakes and IIc�ods, for which Lencter �ec}uires i�rance. This ��*�►ce sha1T be matintained in the amounts (including dalucrible leveis) aIId for tt�e periods that Lender requires. What Lenc�er �equires pursuant to the preceding sentence.c can change during the term of the Loan. The ins�u�ance carrier providing the �nc��r�ce shatl be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, ia cflanecrion with this Loan, either: (a} a one-time charge for floa� zone determination, certification and trac�ing services; or (b) a one-time charge for f�ood zone determinatiun and certification services and subse4uent charges each time remappings or similar cfianges occur which reasonably might affect such determination or certification. Bonower shall also be responsible for the payment of any fees imposed by the Federal F.mergency Management Agency in connectian vWith the review of any flood zone determinarion resulting from an objection by Bonower. If Borrower fails to maintain any of the coverages described above, I�nder ma.y obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particulaz type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Bonower, Borrower's equity in the Property, or the contents of the Praperty, against ang� risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower s�ured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Bonower requesting payment. NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP � Wolters Kluwar Financial Services Form 3028 1 /01 VMPB�NE) (1105) Page 6 of 17 `', n i 1: 41 e . .