201408205 - Laserfiche WebLink

Browse

��14�5��5 Th� Fu nds sha I f he h��d i n an i nstituti on whose �epasi�s are i nsured by a federa I agen�y. i nstrumental ity. or entity tin��uding �ender, if �ender is an insti�ution whose dep�5i�s are so �nsured} or in any Federal H�me L�an Bank. L�nder shal! appiy the Funds to pay th� Estrow ICems no later than the tim� specified under RESPA. Lender shall n�t �harge Borrower f�r hvlding and apply�ng th� Funds, annually ana�yz�ng the eserow accvunt, ar verifying the E�crovr► Items. unles5 Lender pays Bo�rower int�rest on the Funds and App�icable �aw p��mits �ender tv make suth a �harge. Unless an agreement is made in �nrriting �r Appl�cable �aw requires interest to �e paid on the Funds, �end�r shall not be required to pa� Borrower any interest or earnings on the Funds. Barrawer and ��nder ean agree in writing, however, that interest�hall be pa�id on �he Funds. Lender shall give to B�rravr►er. ►�ithou� �harge, an annual ac��nting of the Funds as req u i�ed by R E S PA, If there iS a sur�lus of Funds held in �s�row,as d�fined under RESPA, �ender shall a��ount to Borr�wer for thQ ex�ess funds in ac�ordance with RESPA. If there is a sh�rtage of Funds he�d in e5crow, as def�ned under RESPA, Lender shall n4#ify Borro►rve�as required by RESPA, and Borrower�hall pay to Lender the amount ne�essary tv mai�e up the shor�age in accordanee w�th RESPA, but in no m�re than 12 �non�hly payrnents. �f th�re is a defitiency of Funds held in escraw, as �efin�d under RESPA, ��nd�r shail natify Barro�rer as r�qui�ed by RESPA, and Borrower shal� ��y ta Lender the amaunt netessary to make wp th� deficiency in ac�ordance with RESPA. but�n n�rno�e th�n 12 rnonth[y payment�, Upan payment in fu II of al! sums s�cured by this Seeurity �n5trument. Lender shall pr�mRtly refund to Borrower any Funds held by Ler�der. �. Charges; Liens. Borrower shall pay all taxes, assessments, �harge5, fines, an� impa5iti�ns attributable �o the Prop�rty whi�h �an attain pr�arity over this Seturity Instrument, leaseh�ld payments or ground ren�s on the Property. if any, and �ornmunity Assfl�ia�ivn Dues, Fees, and Assessments, if any. To the extent �hat these items a re Es�row Items. Borrov�er sha I� pay th em i n the manner provi ded in Section 3. B�rrower shall pr�mptly di�charge any �ien whi�h has pr�fl�ity fl�er this Security In�r�ment uniess Borro�rer: {a� agrees �n writing to th� payment �f th� obligatian secured by th� I�en in a manner ac�eptable to Lpnder, but anly so long as Barrovi►er is pe�farming su�h agre�ment;[b��ontest�the li�n �n good fairh by, or defends aga�nst enforcement of the lien �n, legal pr�ceedings which in Lend�r's opinion operate to prevent the enfvreement of the lien �hile those pr��eedings are pending, but anly �ntil suth �roce�dings are concluded; ar �c� secures from the h�lder of the lien an agreement satisfactory ta ��nder s�bo�dinating the iien ta th�s S�curity�nstrument. If Lender d�termines that any part af the Pr�pe�ty �s subj�ct to a lien which ean attain priarity over this 5eturity Instrument, Lend�r may g�v� Borrawer a natice identifying the I�en. Within 1 a days�f the date on which �hat notiCe is gi�en, Borro�nrer shall sati�fy th� iien vr take one or more of the act�ons set f�r�h aho►►e in thi�Section 4. �ender may requir� B�rrawer to pa�r a nne�im� charg� far a real estate tax veri�ication and�nr reporting ser�ice used by Lender in eonnection with thi5 Loan. 5. Praperty Insuran�e. Borrower shall keep the irnprfl�ements nov� exist�ng or hereafter ere�tQd on the Property insured against loss by fire, hazards in��uded within the term "ex�ended co►►erage." �nd any other haiards in�luding. but n�� limited to, earthquakes and fl�ods, fvr whi�h l.end�r requires insuranCe. This in�urance shall �e maintained in the amounts �in�luding deductihle le�els} and for th� period� that Lender requi�es. What Lender requires pursuant to the preceding s�nten�es can change during the�erm of the Loan. Th� insuran�e �arri�r pro�iding the insurance shall be chosen by Barrowe� subject to L�nder's right �o disapprove Bvrrower's �hoice, whi�h right shal� not be exercised unreasonably, Lender rnay r�quire Bor�awer to pa�, in conne�tivn with this �oan, either: �a} a one-�ime charge for flood zone determinativn, certifiCation and ��acking se�vi�es; 4r �b} a one-�me charge f�r flood zane de�ermination and �ertifica�ion 0411�4�31334 C iti ba nk 3.2.87,091I3 NEBfiASKA3ingle Familyfannie MaelFreddle Ma�LJNIF�RM INSTRIJMENT WITH MERS Fnrm 30Z8�101 VMP� VMP6A[NE]{1302).00 W�lters Klwver Financial 5er►rices Page 5 vf 17