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201302590 The Funds shall be held in an institution whose deposits are iuswed by a federal agency. instrumentality. or (-nlity tiictudiug Lender, if Lender is an institution whose deposits are so insured)or in any Federal Home Lean Bank. Lender shall apply the Funds to pay the Escrow items no later than the time specified under RESPA Lender shall not charge Borrower for holding and applying the Funds.annually analyzing the escrow account.or verifying the Escrow Items. unless Lender pays Borrower interest on the Funds and Applicable l.aw penruts Lender to make such a charge. Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Funds, Lender shall not he required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can agree in writing,however, that interest shall be paid on the Funds. Lender shall give to Borrower,without charge, an annual accounting of the Funds as required by RESPA. If there is a stuplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for the excess funds in accordance with RLSPA. If there is a shortage of Funds held iu escrow, as defined under RLSPA, Lender shall notify Borrower as repaired by RLSPA.acid Borrower shall pay to Lender the amount necessary to make up the.shortage in accordance with RESPA, but in no mote than 12 monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA,and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments. Upon payment in tilt of all sums secured by this Security instrument. Lender shall promptly refund to Borrower any Funds held by Lender. 4. Charges;Liens.Borrower shall pay all taxes, assessments. charges, fines. and impositions attributable to The Property which can attain priority over this Security Instrument, leasehold payments or ground rents on the Property, irony,and Community Association flues, Fees. and Assessments, if any. To the extent that these items ate Escrow Items, Borrower shall pay them io the manner provided in Section 3. Bonower shall promptly discharge any hen which has priority over this Security'Instrument unless Borrower: fa)agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender.but only so long as Borrower is performing such agreement: (b)contests the lien in good faith by, or defends against enforcement oldie lien in. legal proceedings which in Lender's opinion operate to prevent the entorcernent of the lien while those proceedings are pending, but only until such proceedings arc concluded;or icy secures from the holder or the lien art agreement satisfactory to Lender subordinating the hen to this Security Instrument. if!.ender determines that any part of the Property is sitblect to a lieu which can attain priority over this Security Instrument,Lender may give Borrower a notice identifying the lieu. Within it}days of the date on which that notice is given, Borrower shall satisfy the lien or lake our or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one-tine charge for a real estate tax verification aud!or reporting service used by Lender in connection with this Loan. S. Property Insurance.Borrower shall keep the improvements now e'isting or hereafter erected on the Property insured against loss by fire, hai.ards included within the term "extended coverage," and any other hazards including. but not limited to, earthquakes and floods. for which leader requires insurance. This insurance shall be maintained in the amounts(including deductible levers)and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the ten, 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 unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a)a onetime charge far flood zone determination, certification and tracking services: or its)a one-time charge tor flood zone determination and certification NCBR SKA—S,nyk Fam,ly-Farn!e MaaT eddo Mar UNI OtIM INS1TIUMENf WIIN MCR.S -,m,3028 1/01 VMP a VMPSAINC:0 Ii )CO rio;fee KOwerfrinorroo Sen+aea Pace a of rP 1!!!I1I!!Iit 11$!11111!fIU 11111!III�i�1 1O331563SS(1 W33 318 0617