201301557 - Laserfiche WebLink

Browse

201301557 required by RESPA, and Borrower shall pay to Lender Ilse amount necessary to n;.tl c up the deficient:) an accordance with RESPA,but in no mow; than 12 monthly payments Upon payment in full of all sums secured by this Securh Instnument. Lender shall promptly refund to Borrow cram' Funds held by Lender 4. Charges;Liens.Borrower shall pin all taxes_ assessments. charges, fines, and impositions attributable to the Propem which can attain pnorily ovei this Security hutrument, leasehold payments or ground rents nn the Property. if am, and Community Association Dues. Fees. and Assessments.if am To the extent that these items are Escrow Items. Borrower shall pay them in the manner provided in Section 3. Ronrowcr Shall promptly discharge any lion which has pnoain over this Security Tog=lent unless Borrower las agrees in writing to the payincnl of the obligation secured by Ilse lien Al a manner acceptable to ].ender, huh only so long as Rnrmwe] is performing suLil :r_•ncnient. (b) conti.sls Ilse hen in good faith i�\. or defends against enforcement of the lien in. legal proceedings w inch in Lendci's opinion operate to ptei cut the enforcement of the lien while those proceedings are pending.but only until such proceedings are concluded. oi tc) secures from the holder of the hen an agreement satisfacton to Lender subordinating the lien to this Security Instrument. If Lender determines that am part of the Propert is subject to a lien winch can attain pnonty o\er this SccnriN instrument. Lender may give Borrower a notice identifying the hen. Within Ill days of the date on which that notice is given. Bo€iawer shall satisfy the lien or take one or more of the actions set forth abo\e in this Section 4. Lender may require Borrow or to pay it one-time charge for a real estate tax Veil fic.jinn and/or reporting son ice used by I.cudei in connection with Ibis I.uuu. 5. Property Insurance.Borrower shall keep the improvements now existing or hem_i R:a erected on the Proper]) 1115u1Ed against loss b\ file, hazards included within the tenll "extended coverLc e_" and an) other hazards including.but not limited to. earthquakes and floods. for which Lender requires insurance. This insunmce shall be maintained in the amounts (including deductible levels) and for the penods that Lendci requires Whal Lender requires pursuant to the preceding sentences can change during the term of the Loan The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice. which right shall not be exercised unreasonabiy 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: oi fb) a one-tune charge for flood zone deternunation and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination oi ceudreation Borrower shall also be responsible for the payment of am Jet s imposed In lie.Federal L'me rgcncy Management Agenet an ,nnnection with the I.. of an) flood/our determination resulting from au nbicehon by Borrower If Borrower fads to maintain am of the coverages described abo\e, Lender may obtain insurance coverage. at Lender's option and Borrower's expense. Lender is under no obligation to purchase an) particular t)pe or amount of coverage. Therefore, such coverage shall cover Lender,but night or night not protect Bonreivei. Borrowers quit) in the Property. or the contents of the Pmpeity, against any risk_ hazard or liabili ■ and might piovide greater or lesser coverage than was previous]\ in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of instuancc that Borrower could lime obtained An amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured b\ this Security Instrument These amounts shall bear interest at the Note rate from the dale of disburs'.iiienl and shall he payable. with such IIiieinsi. upon notice front I tnirnet to Borrower requestim.i pin nicilt, NEBRASKA-Single Fame-Fannie Mae/Freddie Mac UNIFCRM INSTRUMENT Farm 3026 I'01 VMP(0 VMPE(NE)(110`).00 Wolters Kluwer Palencia Sar,,ces Pager Zr 17