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��15�3544 � Mortgagor or Grant�r will pay thos� �erifying and t�taling assessments and bills. amounts ta Lender unless Lender tells Howe�er, Lender may charge Mortgagor or Mortgagor or Grantor, in writing, that Grantnr for these ser�i�es if Lender pays Martgagar or Grantor does not ha�e t�do Mortgag�r or Grantor interest�n the Funds so, or unl�ss the law requires atherwise. and if the law permits Lender to mak�such a Mortgagar or Grantor will make thase charge. Lender may require Mortgagor or payments at the times required by Lender. Grantor to pay a one-tune�harge for an independent real estate tax report�ng ser�rce Lender wi11 estimate from time to time used by Lender in accordance with the Mortgagor or Gran�or'�yearly taxes, Secured Debts, unl�ss applicable law assessments, leasehold payments or ground pra�ides atherwise. Lender wi11 not be rents and insurance premiums, which will be required to pay Mortgagflr or Grantor any called the Escraw Items. Lender will use interest or earnings on the Funds unless existing assessments and�ills and r�asonable e��er�i} Lender and Martgag�r or Grantor estirnates of future assessments and biils. The agree in writing, at the time Mor�gagor or amounts that Mortgagor or Grantor pays to Grantor signed this Security Instrument, that Lender for Escrow Items under this sectron Lende�wi11 pay interest on the Funds; or wi11 be called the Funds. Lender will coilect (ii}the Iaw requires Lender ta pay interest on and hold Funds in an amount not to exce�d the Funds. th�maximum amount a lender for a federaily related mortgage loan may require for If the Funds held by Lender ex�eed the Mortgagor or Grantor's es�raw account amounts permitted to be held by applicabie under the federal Real Estate Settlement l�w, Lender will account ta borrow�r for the Procedures Act of 1974(as amended}, unless excess Funds in ac�ordance wi�h the another law that applies to th�Funds sets a ��quirements of applicable 1aw. If the amount lesser amount. If so, Lender will collect and of the funds held by Lender at any time is hold Funds in the lesser amount. not sufficient ta pay the Escrow�tems when �� due, Lende�may notify borrawer in writing, Lender wril keep the Funds xn a sa�ing� and, in such case, borrower w�ll pay to banking institution which has its deposlts or Lender the amount n�cessary ta make up the acc�unts insured or guaranteed by a federal �hortage or deficiency. Borrawer sha11 make ar state agency. If Lender is such an up��shorta�e or deficl�ncy as Lender institution, Lender may hold the Funds. directs, subject to the requirement�af Lender will use the Funds to pay the Escraw app�icable 1aw. Items. Lender will gi�e Mortgag�r or Grantor, without charge, an annual If, by reason of any default under this ac�ounting of the Funds. That accaunting Security Instrument, Lender d�ciares all must show all additions to and deductions Secured Debts due and payable, Lender may from the Funds and the reas�n for each �en apply any Funds against the 5ecured deduct�on. Debts. Lender may no�charge Mortgagar�r Grantar for holdin or keeping the Funds, When Mortgagor or Grantor has paid all of g th�sums secured, Lender w111 promptly for using the Funds to pay Escrow Items, far anal zin Mortgagar or�rantor's refund to Mortgagor or Grantor an�Funds y g that are then berng held by Lender. payments of Funds, �r for recei�ing, U5B-MTG-R 312512�1� Mortg�ge Rider VMP��Bankers 5ystemsTM page�af 3 WQlters Kluwer F+r�anctal Ser�ices��09