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200611427 201407692 Borrower interest on the Funds and Applicable Law permits Lender to male such a charge. Utnesss an agreement is made in writing or Applicable Law requires interest to be paid on the Funds, Lender .half not be required to pay Burrower any interest or earnings on the Funds. Borrower' and Lender c agree in writing, howeeer, that interest shall be paid on the Funds. Lender shall give to Borrower, without dnargc, an annual accounting of the Funds as required by RESPA. If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as dertned under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to snake up the shortage in accordance with fFISPA, but in no mote than 12 monthly paymenm. if there is a deficiency of Fonda held in cacmw, as defined under RESPA, Lender ellen notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount neeces:try to make up the defleiency in accurd:wee with RESPA, but in no mum than 12. monthly payments. Upon payment in full of all stints secured by this Security Instrument, Lender shall promptly refund to Borrower any Fends held by f-.endcr. 4. Charges; Liens. Burrower shell pay tilt 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, if any, and Community Association throes, Fees, and Assessments, if any. To the extent that these items are Escrow Items, Borrower shalt pay them. in the manner provided let Section 3, Borrower stall promptly discharge any lien which has priority over this Security instrument unless Borrower. (a) agrees in writing to the payment of time obligation securest by the lien in a manner a:coepteble to Lender, but only so long as Borrower is performing such egret:mtmeta; (b) contests the lien in good Nith by, or defeuels against enfortiaxnenl of the lien ill, legal Proceeiinge which in Lender opinion operate to prevent the enforcement of the lien wbiie those proceedings are pending, but only en tit such proczeedings are concluded; or (c) secures from the holder of the lieu an agreement satiserc:tory to Lender auburdinining the lien to this Security Instrument, If Lender determines (hart tug part of the Property is subject to a lien which can attain priority Over this Security lnstruutent, Lender may give Borrower n no ice identifying the lien_ Within /Q 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 this Section 4. Lender may require Bon to pay a one_timechurge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan, 5. Property Insurance. Borrower shall keep the improvement:: now existing or hereafter erected on the Property insured against loss by .tire, hazards included within the term "extended coverage," and any other hazards including, but not Limited to, earthquakes and fitxtda, for which Lender requirev insurance. "1 'fin instnnnce shall he maintained in the utnounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change durimig Ile: termer the L+ratm. The insurance currier providing the Iltsuraucu Shall be ehus a t by Burrower 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 oric -time charge for flood zone determination, certification and tracking services; or (b) a one -tithe charge for tloocl zone determination and certification services and subsequent charges each time t•emnppings or similar changes occur which reasonably might affect such determination or certification. BOrr•owcr shall also be responsible for the payment of any fees imposed by Lbc Fcrlcrai Entctgcriey Management Agency in connection with the review of any flood Zone determination resulting rivet an objection by .Borrower. If Borrower fails to maintain any of the coverages described above, Lcxndor may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no ohligaion to purchase any particular type or timount of coverage. Therefore, such coverage shall cover Lender, but might or rriiaht rot protect Borrower, Borrower's cgnity in the Property, or the contems of the Property, against any risk, hazard or liability and ntiyhl provide greater or lessor coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might sigutficaetly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender untlee this Scrtion 5 shall become additional debt of Bonower seemed by this Security instrument. These tunouuts shall hear interest at the Note rate from the date of disbursement and tthail he payeble, with such interest, upon notice from Lender to Borrower requesting pay tnent. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include: a standard mortgage clause, and shall name Lender as mortgagee agee and /or as an additional loss payee. bender shall have the right to bold the policies and renewal certificates. If Lender requires, borrower shalt promptly give to Lender an receipts of paid premiums and renewal notices, If Borrower obtains any form of insurance coverage, not ntha:rwi,ee regnired by Lender, for dritnage to, or r.)e:Strtrtion of. the Property, such policy shall include a standant mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. NEERrtSKA -- Single :may —manta MuelFraddte Mac UNIFORbt INS'TRUh2EN2' ITE!d 2099nb (War r) —MER3 (F' ati S, {f 1 2 pas ;:s) norm Me t/nt To Gre, Call.t- `JDG- +- 'r8:xll Wax, l G Mrit :