201210890 - Laserfiche WebLink

Browse

201210890 required by ILESPA, and Borrower shall pay to Lender the�mount neccssasy to rnake up t1�e deficiency in aocorclance with RESPA, but in no more than 12 anoiithly pnyinents. Upon paymen[in full of al1 sums seourecl by fhis Secuxity ins�umeiit, Lender shnll promptly refuud to Borrowex any Fimds held by Lender. 4. Charges; Liens. Rorrow�r sTia11 pay all taxes, assessments, charges, finas, and impoei6ons attributnble to the Propsrty which can a(Ceiin priority ovrn Uzis Sccurity Instrume�rt, leaseUold payments or ground rents on fhe Property, if nuy, and Commtmity Association Dues, Fees, and Assesenxents, if any. "Lb the extcnt fhat these iYems are Escrow Items, Borrower shall pay them in the manner provided in Seofion 3. I2orrower shall prornptly discharge any lien w�nch has priority over this Secnrity LnstruizzenS unleas Bosower: (x) n�ees in writing to thc payineirt of the oUligation aecwed Uy flie lian iii a ma�uier accaptable to Lender, but only so tong as Borrower is perfonning sueh agrecmcnf; (b) contests the lien in good faifli by, or defends �gainsi:en�Foxeeinent af the lien in, legal proceedings which in Lefldcr's opitflion operate to pxevont tha enfnrcemenE aF the lien while those ptoceedings are pending, but only unEil such pinceedings nre concluded; or(e}secures from the holder of the lien nn agreemene satisfacYory to L,ender subardinaring the lieu Yo this Securiry Tnstruinent. If Lender deterinines that any p�ut of'the Property is subject to a lien which ean a�ttain priQiity over tl�is Security Instrurne��t, Le�idet may give Borrower a not.ice identifying dte lie�i. Within 10 d�ys of flie date on whioh ChftL notice is given, Borrower sha11 saLieFy ihe lien or talce one or inore of the actions set forth above in this SecYion 4. Lender n��y recinire Boxrower to pny a one-time ohnrge for a real estate tTx verification and✓or reporting ser�-ice used by Lender in connection witla this I,oen. 5. Property Insurance. Borrower shnll keep the improveinents now existing or here2fter eiected on ttie Property instued ageinsc loss by fiTe, ki�uds included wikhin Che term"extended coverage," and aziy other hazards including, butnot limited to, eaeChqualces and floods, for wl�ich Lendec requires insurance. This insuranoe shall be maurtained itY the ainowris (including deductible levels) and for the periocis flrat Le�ider requires. Wl�t Lender requires ptirsuant fo tli,�preceding senfencas ea�i chenge di�ring the hercn of Che Lotm. The insurailce carrrer�rc�viding tiha insivanoe ahn11 be chosen by Borrower subject to Leixder's right to disapprove Bon�ower's choice, wkuch righE shall uot be exercised tuu'easonably. Lender may require Sorrower to pay, ui coi�nection with fl�is I onn, eifliz,r: (a) a one-[i�ne oharga for flood zone deteazninaYiou, ceTrification nnd traol<iiig services; or(b) a one-fiine charge for flood zone determuiation c�nd certiFication services nnci su6sequent charg€s each time remappings or siinilu changes occur�vhich reasouably nugl�t aPPecC snoh determination or certifica�tion. Borrower shall also be respousible fnr the payment of any fees imposed Uy flie Federal Emergency Mviageineilt Agency in cc�nnaotion wltl� d�o revicw nf any Plood ume cletermivatior.resulting fi�oin au oUjection by F3orrower. � IP Borrower fails to maintain tiny of tihe coverages described above, Le�idar may obtain instivtuice covcrage, at Lender's optiion�id Borrower's expense. Lender is uncle��no obligai:ion.Co pmrohase 2ny pnrflciil�r Lype or amoLmt of coveragc. 'I�hcrefore, such coverage sha11 cover Lender, but might or might nof proEect Borrower, Borrowes's €c�tuCy in the Propetty, ox the aonYentis of[he ProperCy, againstauy risk, haaard or liability and might provide greater or leaser coverage thui was provioL�sly in effccL Boi�rower acknowledges tlinl Che coet of the insurance wverago so obtained nught signifioantly exoeed the cost of instuance tliat Borrower oould. have oUtained. Avy amounts disbursed by Lender under this Seetioir5 sha11 becorne additional debt of Borrower secured by thie Secur[ty Insh�ument. These amonnts shall bear inte��cst xt the Notc ratc from thc ci2[e of disUucsement and shall be payaUle, with sLich interesY, upon notice frovi Lender to Borrower requesfing payment. 2A003136 NEBRASKA-8lnple Femlly-Fnnnle M aelFreddie M ac UNIFORM INBTRUM FNT Porm 3020 1/01 VIAP r'a Vh1PG(NF.)(1705) WoRe�s ICluwor Rnanoial Servltea PagoG ot 1Y