201403361 - Laserfiche WebLink

Browse

��14�33�1 r�quired by RESPA, and Borrower shall pay�a L�zader the amnunt necessary ta make up the de�ic�ency �n accordance w�th RESPA, but�n no mare than �2 manthl�payments. Upon payment�n fu�l of a�� sums secured by this Security Ins�rument, Lender shall pr�mptly refund ta B�rrnwer an� Funds h��d by Lender. 4. Gharg�s; Liens. Borrower shall pay a�� tax�s, assessm�n�s, �harges, fines, and imposi�i�ns a�tr�butable t� �he Praperty which ca�a�tain pr�arz�y over th�s S�cur��y �nstrument, Ieaseh��d payments or ground rents nn �he Prop�rty, if any, and�ommun�ty Ass�ciati�n Dues, Fe�s, and Assessm�n�s, �f any. T�th�ex�en�tha� �hese i�ems are Escro�r �tems, Borrawer shall pay�hem in the manner pro�ided in Sectian 3. Borrawer sha�l pran�pt�y discharg�any�xen wh�ch has pr�ar�t�over this�ecur�t� �nstrumen�unl�ss Borrower: �a} agre�s in wri�zng ta the payment af the ob�igation��cur�d b�r the��en�n a rnanner accep�a��e ta Lender, bu��n�y so long as Borrflwer is performing such agreement; ��} contests the lien zn go�d faith by, ar�.ef�nds against�nfar�ernent of the lien in, Iegal pr�ceedings v�hich in L�nder's�p�nion operate to pre�ent �he enforcernen�af the lien while those praceedin�s are pend�ng, but on�y un�i� such pr�ceedings ar� conc�uded; ar�c} secur�s from�he h�ld�r of the ��n an agreem�nt sa��factor��o Lender subordinating the l�en to this Securi�y Ins�rumen�. �f L�nd�r d�t�rmines that any par�af the Praper�y is sub�ect to a�ien which can atta�n pr�or�ty over th�s S�curity Instrument, L�nder nlay g�ve Barrow�r a na�ice ident�fyzng�he�ien, �'VV'��h�n �4 days�f the date�n�hich that natzce�s g�ven, Borrawer shall sa��sfy the lien or take on�ar more af the action� set f�rth a�ove in�h�s S�ction 4. Lend�r may require B�rrower to pa�a one-time�harge for a reai estate tax verif�cation andlor rep�r�ing service used by Lender�n conn�ction v��th thi� Laan. a. Property �nsurance. Borra�er shai� k�ep �he improve�nen�s n�w�x�st�ng or hereafter erec�ed�n the Proper�y in�ured against 1�ss by f�r�, hazards includ�d within the ternl "extended caverage," and any other hazards incXudin�, bu�not ��m��ed to, �ar�hquakes and floads, fnr�hich Lender requires �nsurance. This insurance shal�be maintaine�i in the amounts t�nc�udxng d�ductible levels} and for the per�ods�ha� Lender requ�res. �That Lender requir�s pur�uant t�the pr��ed�ng sentences can change dur�ng�he term of the Loan, The insuranc�carr�er pro��d�ng th�insurance shali be chosen by Borro�wer subject to Lender's r�ght tfl disappr�ve Barr�w�r's cho�ce, �vhich right sha11 not�e exerc�sed unreasonably. L�n�er ma�requ�re Borrower�a pay, in connec�ian with�his L�an, ei�her: �a} a one-tirne charge for fl��d z�n�d�termination, cert�f�cation ar�d tracking services; or�b} a one-t�me chaxge for f�oad zane determination and cer�if��atinn services and subs�quen�charges each t�me ren-�app�ngs or similar�hang�s�ccur which reasonab�y migh� affect such�ie�erminat�on ar cer��ca�ion. Barrow�r shail als�be respon�i�le for the payment of any fees imposed by the Federa� E�nergency Manag�ment Agen�y�n cnnnection u�ith the review of an� f�flod zone determination resul�ing fr�rn an�bj��t�an by Barrower. �f Borrower fails ta maintain any of the co��rag�s descr�b�d above, L�nder nlay ob�ain insurance coverage, at L�nder's�pti�n and Borr�wer's expens�, L�n�er is under no ob�igatian to purchase any par��cu�ar�ype or amount�f��verage. Therefore, such�ov�rag�sha�i co�er Lender, but migh�or might nat pro��c�Borrawer, Bnrrow�r's equity in�he Property, �r�he contents of�he Pr�perty, agains�any risk, hazard or�iabil�ty and m�ght pravide greater�r�esser��v�rag�than�vas previ�usly in effect, Borrou�er acknawledges tha�the cast �f th��n�uran�e co�erage so obta�ned might significantly exce�d the cost�f insurance that B�rrower could ha�e�bta�ned. Any amounts disbursed b�Lender under this S�c�ion 5 sha11 be�om�add�tznna� debt of Borr�wer secured by this Security Instrumen.t. These amoun�s shail bear�nter��t a�th�Na�e rate fram�he date af d��bursement and shall be paya��e, w��h such �n�er�s�, up�n not�c�fr�m Lender ta Barr�wer reques�ing pa�men�. N�BRASKA-5ir�gie Famiiy-�annie MaelFre�die Ma�IJNIFQRM INSTR�M�NT Fvrm 30�8�141 VMP� VMP6fNEf t13�2f Wn{ters Kluwer Fi�ancia!Ser�i�es Page fi of 17