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201207961 Morigagor or Granror will pay those verifying and wtaling assessments and bills. amounts to Lender unless Lender tells However, Lender may charge Mortgagor or Mortgagor or Granror, in writing, [hat Grantor for[hese services if Lender pays Mortgagor or Grantor does not have[o do Mortgagor or Grantor interest on the Funds so, or unless the law reyuires otherwise. and if the law peanits Lender to make such a Mortgagor or Grantor will make Ihose charge. Lender may require Mortgagor or payments ac the tunes required by Lender. Granror to pay a one-time charge for an indepeuden[real es[ate tax reporting service Lender will estimate from time [o tune used by Lendet in accordauce with the Mortgagor or Grantor's yearly[axes, Sewred Debts, u�iless applicable law assessments, leasehold payments or ground provides o[herwise. Lender will not be rents and insurance premiums, which will be required to pay Mortgngor or Grantor any called the Escrow Items. I.e�der will use in[eres[or earniugs on the Funds unless existing assessments and bills and reasonable either(i) L,ender and Mortgagor or Granror estitnates of future assessments and bills. The agree in writing, at the time Mortgagor or amounts[ha[Mortgagor or Gtantor pays ro Granror signeA this Security Instnunent, tha[ Lender for Escrow Items under this section Lender will pay interes[on the Funds; or will be called the Funds. I.ender will wllec[ (�i)the law requires L,ende�to pay interest on and hold Funds in au amount not to exceed the Funds. the maximum amoun[a lender for a federally relxted mortgage loan may require for �f the Funds held by Lender exceed the Mortgagor or Grantor's escrow aceount amounts permitted to be held by applicable under[he federal Real Estate Settlement law, Lender will accoant ro borrower for[he Procedures Ac[of 1974(as aznended), unless excess Funds in accordance with[he another law [hat applies to the Funds sets a requirements uf applicable law. If[he amouut lesser amount. If so, Lender will collec[and of the funds hefd by Lender at any time is hold Funds in the lesser amount. not sufficient to pay[he Escrow Items whe¢ Lender will keep[he Funds in a savings or due, Lender may notify 6orrower in writing, bat�king institution which has its deposits or and, in such cese, borrower will pay[o accounts insured or guaran[eed by a federal Lender[he amoun[necessary[o make up the or sta[e agency. If Lender is such an shortage or defieiency. Borrower shall make institution, Lender may hold the Funds. up tlie shortage or deficiency as Lender Lender will use the Funds to pay the Escrow directs, subject to the requiremeuts of ►te[ns. L,euder will give Mortgagur or applicable law. Granror, without charge, an annual aceounting of the Funds. Tha[accou¢ting If, by reason of any default under this must show all xdditions to and deductioas Security lnstrumen[, Lender declares all from the Funds and the reason for each Secured Deb[s due and payable, Lender may deduction. then apply xny Funds against the Secured Debts. Lender may not charge Mortgagor or Grantor for holding or keeping the Funds, When Mortgagor or Grantor has paid all of for using the Funds to pay Escrow Irems, the sunts sewred, I,euder will promptly for aualyzing Mongagor or Gran[or's refund to Mortgagor or Grantor any Funds payments of Funds, or for receiving, that are then being held by Lendet. Mart ge Rider USB-MTG-F 3i2512010 VMP�BankeS SyStemsTM Pa 2 of 3 Wohers Kluwer Financial Services'��'Y009 6e