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201205416 The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality. or entity (including Lender, if Lender is ,in institution whose deposits are so insured) or in any Federal Home Loan Bank. Lender shall apply die Funds to pay the Escrow Items no later than due time specified under RESPA. Lender shall not charge Borrower for holding and applying die Fluids, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a chargo. 'Unless an agreement is made in wrilirm or Applicable Law requires interest to be paid on the Funds. Lender shall not be required to pay Borrower any interest or earnings on die Funds. Borrower and Lender can agree in writing, however. that interest shall be paid on the Funds. Lender shall give to Borrower, without charge; an amoral accounting of the Funds as required by RE, SPA. If there is it surplus of Funds held in escrow. as defined under RESPA. Lender shalt account to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow. as defined under RESPA. Lender shall notify Borrower as required by RESPA. and Borrower shall pay to Lender the amount necessarq to make up the shortage in accordance with RESPA. but in uo more than 12 monthly payments. If there is it deficiency- of Feuds held in escrow. as defined under RESPA. Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the nillonli[ necessary to make up [lie deficiency in accordance evith RESPA, but in no more than 12 monthly payments. Upon payment in full of all sums secured by this Security Instrument. Lcndcr still]] promptly refund to Borrower any Funds hold by Lender. 4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the Property which can attain priority over this Security Instrument, Icaschold payments or ground rents on the Property, if any, and Community Association Does, Fees. and .Assessments, if anv. To Ilse extent that these items are Escrow Items_ Borrower shall pay them in the maria provided in Section 3. Borrower shall promptly discharge any lien which has priority over this Security Instrument urdess Borrower: (a) agrees in writing to the payment of tlne obligation secured by time lien in a mariner 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 hen while those proceedings nue pending, but only until such proceedings are concluded: or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security fistnaneni. if Lender determines Ilan tiny part of the Properly is subject to a Gen which can attain priority over this Security hnstrunhont, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given. Bon ower shall satisfy the lien or take one or more of die actions set forth above in this Section 4. Leader may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," land any other hazards including. but not limited to, earthquakes and tleods, for which Lender requires insurance. This insurance shall be maintained in [lie amounts (including deductible levels) and for the periods that Lender requires. Mull Lender requires pursuant to Ric preceding sentences can change during the tem of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lenders right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination, certification and tracking services; or (b) a one- time charge for hood ane delerminntion and cenificaliou services and sldnsequenl charges each little remappings or similar changes occur which rcasonabl7 might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with die review of any flood zone determination resulting from an objection by Borrower. NERFASM-S,,le Famly-FanMe Ma&Rretlaie Mac UNIFORM NSTRUMENT Form spa I01 VMP � VMPBINEI (1105).00 WGtera W., FnaWal S,Mao P., 50115 III�IfillIIIIIIIIII1111111IOD ED77276IIIII1011��IIIAIISIID 0Q00NE9772786