201209312 - Laserfiche WebLink

Browse

201209312 required by RESPA, and Borrower shall pay to Lender the amouni necessazy to make up the deficiency in accordance with RESPA, but in no more than 12 mcmthly payments. Upon payment in full of all sums secured by this Seeurit7 Instnunent, Lender shall promptly xefund to Borrower any Funds held'oy Lender. 4. Charges; Liens. Borrower shall pay ail taYes, assessments, charges, fines, and unpositions attributable to the Properry which can attain priority over this Security Instrument, leasehold payments or goimd rents on the Property, if any, and Community AssociaTion Dues, Fees, and Assessments, if any. To the extent that these items are Eacrow Items, Borrower shall pay fhe�n iu the mazu]er provided in Section 3. Borrower shall promptly discharge any lien which has priority over this Security In,shwnent unles Borro�ver: (a) agrecs in writing to the payment of the obligalion secured by the lien in a mauner acceptable to Lender, but only so Iong as Aorrower is performing such ageement; (b) contests fhe lien in good faich Uy, or defends against enforcemenf of the Iien in, legal pioceed;ngs which in Lender's opuuon operate to prevent the enforcement of the lien while those proceeding�are�endinn, but only until such proczedings aze concluded; or (c) secures from the holder of the lien.an agreement satisfactory to Lendcr subordinating che lien to this Security Instrumcnt [f Lender determuies that any pazt of the Property is subject to a liea whicfi can attain priority over this Security Insh-ument Leader may gve Borrower a notice identifying khe]ien, Within 10 days of thz date on which that notice is gi�ren Borrower shall satisfy the lien or take one or more �f the actions set forth above in tlus Section 4. Lendec may require Boz�rower to pay a one-ritne charge for a real estate tas verification and/or reporting ser�zce used by Lendac in conriection with fhis Loan. 5. Property Insurance. ]3orrower shall keep the improvements now existing or hzreafter erected on the Property insured against loss by fire, hazards included within the term"extended covcrage," and any other hazazds including, biR not]nnited to, eazthquakes and floods, for which Lender requi�es insuruice. Tlris insurance shall be mainkvned in the amounts (including dcductible levels) and for the periods that Lendcrr requires. �TJhat Lender requires pursuant to the preceding sentences can cbange during thc tesm of the Loan. The insurance carrier protriding the in,urance sha11 be chosen by Borrower subject to Lender's right to disappTove BoTrower's choice, which right shall not be exercised unreasonably. I,ender map require Barrower to pay, in coimecrion with this T.oan, either: (a) a one-time charge for flood zone deTermination, certification and tradtina seroices; or(b) a ouc-rime charge for flood zone determination and certification services and subsequent charges each time remappings or sunilar changes occur which reasonably might affecT such detenrunation or certification. Borrower shall also be responsible for the paymenT of any fees imposed by the Fecieral Emer�ency Manageanent ageacy in connec#ioa with the review of any flood zone detennination;esulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described aUove, Lender may ob[ain insL�rance coverage, at Lznder s oprion and Borrower's expense. Lender is under no ob&galion to purchase auy particulaz fype or amount of covarage. Therefore, suct�covesage shall cover Lender, but iniglrt ot mi2,�t not protect Borrower, 73orrower's equity in the Propert}r, or the contents of the Property, against any risk, hazud or liability and might provide�eater ox lesser cOverage tklan was pravlously in effeet. Borrower aclmowledges that the cost o£the insisance coverage so obtained might significantlq exceed the eost of in9urance that Borrower could have oUtained. Any amounts disbursed by Lender under this Section 5 shall Uecome additional deht of Borrower secured by this Security Instrument. 'I'hese amounts shall beaz intexeSt at the Note rate from tlle date of disbursement and shall be payable, vrith snch interest, upoa aotice from Lender to Boaower requesting payment. 24G02658 N�RASKA-Single Fami'ry-Fannie M zelRetltlia M ac UMFORh1 INSTRIIid ENT Porm 3028 1101 VMP('ry VM PG(N�(1105j Nloliers Nluwer Financial Servicxs Pxge 6 of 1'/