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��15��937
<br /> The Funds shal�be held in an i.nstitution wh�s�d�posits are insur�ed b�r a federa�age�cy,instrumenta�ity,o�
<br /> entity�inc�uding I�ender,if Lender is an institution�rhose de�os�ts a�e so i�sured}ar in any F edera�I�ome
<br /> Loan B�nk.Lende�shal�apply the Funds to pay the Escrovv ltems no�ater than the time spe�ified und�r
<br /> I�.ES�'A.Lender shall n.ot charge��nower for h�ld�ng an�.applying the Funds,annually analy�ing the
<br /> es�fow ac�ou�t,or verifying t�e Escrow Items,un�ess Lender pays Bonower interest on the Funds and
<br /> Appl�cabl�Law perm�ts Le�d�r to make such a charge.Unless an agreement is made in wr%ting or
<br /> Apgl�cabl�i,aw requ�res inter�st to be paid on�he Funds,Lender shal�not be required to pay Borrov�er an�
<br /> interest or earnings on the Funds.Borrawer and Lender can agree in wr�tin�,�awever,that interest shall be
<br /> pa�d on the Funds. Lender shal�give to Borro�er,�ithout ch�,rge,an annual a.ccounting of the Fu�.ds as
<br /> requued by RESPA.
<br /> If t�ere is a surp�us of Fu�ds he�d��n escrow,as defined under RESFA,Lender shall ac�ount to Borrower far
<br /> the exc�ss fund�in accordance�v�th RESi'A.If there is a shortage af Funds held�n escrow,as defined under
<br /> RESPA,�.end�er sha11�otify B�rrower as�equired by RESPA,an.d B�rrower sha��pay to Lender the amount
<br /> necessary tv make up the sh�r�ge in accordance with RESPA,but�n na more than 1�month�y payments. If
<br /> there is a�eficiency of Funds held in escrow,a�defined under RESPA,Lender sha�l natify Borrawer as
<br /> requ�red by RESPA,and Borrower shal�pay to Lender the amount necessary to make up the defic�ency in
<br /> aceordance w�th RE SPA,but�n no more than I 2 manthly paym�nts.
<br /> Upan paym�nt in f�tll of a��sums se��red�Sy this Security Instrument,Lend�r s�ha��promptly refrund to
<br /> Bo�ro�er an�r Funds held by Len�.er.
<br /> 4. �harges;�.iens.Bor�o�ver sha11 pay a11 taxes, assessment�,�hargesy fines, and impvs�t�on.s attr�butable to
<br /> the Froperty�vhich can attain priority aver this Secur�ty Inst�um�nt,leaseho�d payments ar g�r�u�d rents on
<br /> the Praperty,if any,and Community Asso�iation Dues,Fees,and Assessn�ents,if an�. '�o th�extent that
<br /> these�tems are Escrow Items,Borro�er shal�pay them in the manner pr�v�ded�n Sectian 3.
<br /> Borr�wer sha��piomptly discharge any�ien which has priarity over th�s Security Instrument un�ess
<br /> Borro�ver: (a}agr�es in writing to th�payment of the ob�igation secured by the lien in a manner acceptable
<br /> to Lender,but only so Iong as Borrower is p�rforming such agreement;(la}con�ests the�ien in govd faith by,
<br /> or defends again.�t enforcem�ent of the lien in, �egal proGeedings which in Lender's opin�on operate to pre�ent
<br /> the enfvrcement�f th��ien while those proGeed�ngs are pendi�g,but only unt��su�h praceedings are
<br /> conc�ud�d;ar�c�secures fram th�hoider Qf th�l�en an agreement satisfacto�y to Lender s�bordinating the
<br /> �i�n to th�s Security I�strument.If�ender determ�nes that an�part of the Praper�y is su�ject ta a lien�vhich
<br /> �an atta.i�n pr�ori�over t�is Se��ri�Instru�megt,L�nder ma��ive I3onovver a nat�ce�dentifying the�ien.
<br /> Within. ��days of the date on v�hich that noti�e is given,�onar�ver�hali satisfy the lien or take one o�more
<br /> �f th.e acti�ns set for�.ab��e in this Secti�n�.
<br /> Lender may require Barrower to pay a one-time charge for a real��tate tax ver�f�cation andlvr reporting
<br /> ser�ice used by Lender Yn connection with this Loan,
<br /> 5. Pr�vperty fnsurance.Borrower sha�l keep the improvements now existing or hereafter erected on the
<br /> Property insured agai.nst loss by fir�,hazards inc�uded with�n the term"extended�overage,"and any other
<br /> ha.zards inc�uding,but nat limited to,ear�hquakes and floods, far which Lender r�quir�s�nsurance. This
<br /> �nsurance sha�1 be n�aintained in the amaunts(inc�uding deductible le�els)and for the p�riads that Lender
<br /> requires. �Vha�Lender requires pursuant to the preceding sentences can change dur�.ng th�term of the I�an,
<br /> The insurance carrier provid�ng the insuranc�shall be chosen by Borrower sub�ect to I�ender's right to
<br /> disapgrove�3o�rrawer's chaic�,�hich right shall not b�exercised unr�asQna�bly.Lender�nay requir�
<br /> Barror�er to pay, in conne�t�on with thus Loan,either;�a�a vne-time cha,rge for flood zon�de#�rn��nation,
<br /> certification and traGk�ng ser�r�ces;or(t�}a one-time chaa�ge far f�ood 2��e determ�nation and certification
<br /> NEBR►45KASingle Family-Fannie MaelFredd�e lNac UN�FQRAII INSTR[,lfiIIENT lilifTH MERS Form 3428 1141
<br /> VMP� VMPfiA�NE}(1302}.40
<br /> Wakter�Kluw�er F�nan�ia!Sens3cea Page 8 of 17
<br /> q�3339915Z91 0�33 376 �617
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