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��15�35�4 . Mnrtgagor or Grantar will pay thase �erifying and tataling assessments and bi11s. amounts to Lender un�ess Lender tells However, L�nder may charge Mortgagor or Martgagor or�rantor, in vvriting, t.�iat Grantar for thes�services if Lender pays Mortgagor ar Grantor daes not ha�e to do Mortgagor or�rantar interest�n the Funds sa, or unless the law requires otherw�se. and if the law permits Lender t�make such a Martgagor ar Grantar will make those charge. Lender may requir�Mortgagor ar payments at the times required by Lender. Grantor to pay a one-time charge for an independent real estate tax r�porting service Lend�r will estunate from�ime to time used by Lender in accordan�e with the Mortgagor ar�rant�r's yearly taxes, Secured Debts, unless appiicable law assessments, leaseh�id payments or graund provides atherwis�. Lender will not be rents and insurance premiums, which will be required to pay Martgagor or�rant�r any called the Escr�vv �tems. Lender will use interest or earnings�n the Funds unless existing assessmen�s and bi11s and reasonabl� either (i� Lender and Mortgagor or�rantor estimates❑f future assessments and bills. The agree in writing, at the time Mortgag�r or amounts that Mortgagor or Grantor pa�s ta Grantor signed this Se�urity Instrument, that Lender for Escrow Items under this section Lender wi11 pay interest on the Funds; ar wi1�b�cailed the Funds. Lender vvi11 callec� �ii}the law requires Lender t�pay interest on and hold Funds in an amount not to exceed the Funds. the maximum amaunt a lender for a federaily related m�rtgage iaan may require for If the Funds held by Lender exceed the Mortgagor�r Grant�r's escraw account amounts permitted to be held by applicable under the federal Real Estat�Sett�ement law, Lender will account to borrower f�r the Procedures Act of 1974 (as amend�d}, ur��ess excess Funds in aceardan��with the another�aw that appiies to the Funds sets a r�quiremen�s of applica�l�law. If the amount less�r amount. If so, Lender w��l calle�t and of the funds held by Lender at any time is hold Funds 1n the lesser amount. not suffi�ient t�pay the Escrow Items when Lender will kee the Funds in a savings ❑r due, Lender may notify barrawer in vvriting, p and, �n such case, borrower w�11 pay to banking institut1on which has its deposits ar Lender the amount necessary to make up the accounts 1nsured or guaranteed by a f�deral shortage or�eficiency. Barr�wer sha11 make or state agency. �f Lender �s such an institut�on, Lender may hold the Funds. up the shortage or deficiency as Lender Lender will use the Funds to pay the Es�row dlrects, sub�ect to the requlrem�nts af Items. Lender will gi�e Mortgagor or appllcable lavv. �rantor, without charge, an annual accounting of the Funds. That a�counting If, by reason of any default under this must show all additi�ns t�and deductions Security Instrument, Lender declares a11 fram th� Funds and the reason for each Secured Dehts due and payable, Lender may dedu�tion. then apply any Funds against�he Secured Debts. Lender may not charge Mortgagor or Grantor for holding or keeping the Funds, When Mortgagar ar Grantor has paid all of for using the Funds ta pay Escrow �tems, the sums secured, Lender will promptiy for analyzing Mortgagor❑r Grantor's refund ta Mortgagor�r Grantor any Funds payments�f Funds, ar for recei�ing, that are then being held by Lender. Mort age Rider U5B-MTG-R 312512�� VMP�Bar�kers SystemsTM Walters Kluwer Financial Ser�ices�2D09 i'age 2 of 3