201204447 - Laserfiche WebLink

Browse

2��20�� 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 a11 sums secured by this Security Insttvment, Lender sha11 promptly refund to Bonower any Funds held by Lender. 4. Charges; Liens. Bonower shall pay all taxes, assessments, charges, fines, and imgositions attributable to the Property 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 are Escrow Items, Borrower shall pay them in the manner provide� in Section 3. Borrower shall promptly discharge any lien which has priority over this Se,curity Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings are gending, but only until svch proceedings are concluded; or (c) secures from the holder of the lien aII agreement sarisfactory to Lender subordinatin� the liea to this S�urity Instrument. If Lender determines that any part of the Property is subject to a lien which caII attain priority over this Secutity Instrument, LeIIder may give Borrower a notice identifying the lien. Within 10 da.ys of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in tius Section 4. Lender may require Borrower to pay a one-time charge for a reat estate tax verif cation and/or reporting service used by Lender in connection with this Loan. 5. Peoperty lnsurance. Borrower shall ke.eg ttte imgrovements nov�r existiag or hereafter erected on the Properiy insured against loss by fire, hazards inclucted within the term "exten�3 cc�verage," and any oti�er hazards including, but not limited to, earthquakes and ff�s, for which �nder requires insurance. '�'his insurance shall be ma.intained in the amotmts (iIICluding deductible levels) and for the periods that I.ender requires. What b,ender requires pursuant to the preceding sentences can change during the term of the I�aatc. The �n� carrier providing the insurance shall be chosen by Borrovver subject to Len�er's right to disapprove Borrower's choice, which right shall not be exercised. unreasonably. Lender may require Borrower to pay, in conn�tion with this Loan, either. (a) a one-time charge for ftooc� wne determinatioa, certificarion and tracking services; or (b) a one rime charge for flood zone determination and certificatioII services and subsequern charges each time remappings or similar changes occur wluch reasonably miglat affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposetl by the Federal Emergency Management Agency in connection with the review of any flood zone determinarion resulting from an objecrion by Borrower. If Borrower fails to ma.intain any of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. L�nder is under no obligation to purchase any particular type or amovnt 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 Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acl�owledges 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 Fam(ly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6INE� �t 105� Wolters Kluwer Financtel Services Page B of 17 � M � .