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Funds due tan the basis of current data and reasonable estimates of expenditures rf "futureo Items or otherwise in accordance with Applicable Law, held in an institution whose deposits are insured by a federal or entity (including Lendet, if Lender is an institution whose deposits y Federal Horne Loan Back. Lender shall apply the Funds to pay the Escrow Iterrns no later than the :time specified under RESP.A. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless I.Lcnder pays Borrower interest on the Funds and Applicable Law permits Lender to make such "a charge. Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower, without charge, 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 defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the =mat necessary to make up the shortage in accordance with. RESPA, but in no more than 12 monthly payments; If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the mount necessary to make up the deficiency accordance with RESPA, but in no more than 12 monthly payments. Upon payment in full of all sutras secured by this Security Instillment, Lender shall promptly rebind to Borrower any Funds held by Lender. 4. Charges; Liens. Borrower shall pay all taxes, assets, charges, fines, and i ns attributable to the Property which can attain priority over this Security Instrument, ehold payments or ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any, To the Mad that these iterns are Escrow Items, Borrower shall pay them in the manner provided in Section 3, Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while. those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender deterunines that any part of the Property is subject to a lieu which can attain priority ovverr this Security instrument, Lender may give Borrower a notice identifying the Men, Within 10 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 Borrower to pay a one -tune charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. S. Property Insurance. Borrower shall keep the inprovenaents now existing or hereafter erected on the,Property insured against loss by fire, hazards included within the "ternia "extended' coverage," and any other hazards including, but not limited to, earthquakes and 201503583