201209483 - Laserfiche WebLink

Browse

201209483 required by�'ESPA, and Borrower sha11 pay to Lender flie amount necessary to make up the defieiency in accordauce with RESPA, but in no mare Yhan 12 maml�ly payments. Upon payment in full of all siuns secut�d by this Security instrument, Leader shall promptly refund Yo Borrower anv Funds held by Lender. 4. Charges; Liens. Borrower shall pay all tases, assessments, chazgzs, fines, and impositions attributaUle to the Property which can attain priority over this Security Instnunent, leasehold payments or ground rents on The Property, if 2ay, and Community Association Dues, Fees, and Assessments, if any. To ihe extent that these items are Escrow Items, Borrower shall pay them in the mauuer provided in Section 3. Boaow-cr shall prompUy discharge any]ien wluch has priority over this Security Instrument unless Borrowes: (a)agrees in writing fo the paymant of the obligation seeured by the lien in a maz�ner accepfable to Lender, but only so long as Borrower is perfomung such agreement (b) contests the lien in good faith by, or dc;fends agaiast enforcement of the lien in, legal proceedings which in Lender s opinion operate to prevent the enforceinent of the lien Evhile those proceedings aze pending, but only until such proceectings are concluded; or(c) secures from the holder oP the lieii an aa eement satisfactory to Lender suhordinating the lien to this Security Ins4rnment. If Ler�der deteruunes Hiat any part of the Aioperry is subject to a lien whlch can attun priority over this Security Insh-�unent, Lender may givc Borrower a norice idcnrifying the lien. Within 10 days 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 tlus Section 4. Lender�nay require BprrOwer to pay a one-time chatge fox a real estate tas verificarion and/or zeporting senzce used by Lc�nder ai connection with this Loan. 5. Property Insurance. Borrower shall keep the in�rovements novt eYisting on c�reafter erected on the Pxoperty InstaYed against loss by fire, haaards i�cluded within t7ie term"extended coverage," and any other ha�ds including, but not litnited to, eazthquakes and floods, far which Lender requir�,s insurance. T'his insurance shall be maintained in the amouuts(including dedccfible levels) �nd fox the periods that L,ender requires. VJhat Lender requues pursuant to the precedivg sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be ehosen by Boaowec subjeet to Lender's right to disapprove Borrower's ehoice, which right shall not be exerciscd unreasonably. Lender may rcc�uire Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determinarion, certificarion and tracking services; or(b)a one-tune charge f'or flood zone deCermination and certification services and subsc�ucnt charges each time rema.ppings or similaz clianges occur u�hich reasonably might affect such determination or certification. Borrower shall also be responsiUle for the payment of any fees unposed by the Federal Emergency MauagemenC Agency in connection with the review af any flood zone defermination resulLing froin au oUjcdion by Borrower. If Borrower fails to maintain any of the coverages described aboz�e, Lender may obtain insurancc eoverage�, at i,ender's option and Borrower's expense. Lcnder is under no obligation to purchase any particular t}pe or amounf of covetage. The=efore, sucli coverage sha11 cover L.ender, but nught or might nof proteck Bozrower, Borrower's equity in the Property, ox the contents of the Property, against any risk, hazard or liabIlity and mighf provide greater ar lesser coverage than was previously in effect. Bosowei�acknowledges fliat the cost of the insuiance eoverage so obtained might slgtlificantly exceed the cost of insurance that Boriower coLdd have obtained. Any amounts dishursed by Lender under this Section 5 sha116ecome additional debt of Borrower sccured by this Security u�stnunent. These ainounts shall bzar interest af the Note rate from the date of clisbursement and shall be payable, with such interest, npon norice from Lender to Borrower rcquesting paymeffi. NEBRASIC;1Single Famil -Fannie NaelFreGtllelulac UMFORM.INSTRUM FNi 24o02]i s VMP� � VM�P6N028V01 ( �(1105) N,�olters Kluwer Financisl Services Page 6 0!1 Y