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<br /> The Funds shal�he held in an ix�stitutian whose deposits are�.sured hy a federal agen�y, instrumenta�ity, or
<br /> ent�ty (includ�ng Lender, if Lender is an institut��n whase deposi�s are so�nsured�or in any Federal Home
<br /> Laan Bank. Lender shall app�y th�Funds to pay the Es�row It�ms no la�er than the�ime spe�ified under
<br /> RESPA. Lender shall not char�e B�rr�w�r for holding and app�yin��he Funds, annuall�ana�yzing the
<br /> es�ravv a��vunt, or�erif�ing the Escro�Items, unless Lender pays Borrower interest on�he Funds and
<br /> Applicable Lavv pernlits Lender�a make such a charge. Un�ess an agreement is rnade in writing or - �
<br /> Appli�ab�e Law r�quires int�r�st to be pa�d�n�he Funds, Lender shall not be required t�pay Barrovver any
<br /> interest or�arnings on�he Funds. Barrovver and L�nder can agree in vvrrt%ng, hovvever, that in�er�st shal�b�
<br /> paid on�he Funds. Lender shall gi�e�o Borrovv�r, �v�thou�charge, an annual accounting vf�h�Funds as
<br /> requ�red by RE SPA.
<br /> If there is a surp�us af Fu.nds held in escrov�, as defin�d under RESPA, L�nder sha11 account to Borrow�r for
<br /> the exc�ss funds in accordance wi�h RESPA. If there is a shor�age of Funds held in es�row, as def�ned under
<br /> RESPA, Lender sha11 not�fy Borrower as required by RESPA, and Borrawer shall pay t❑Lender the amoun�
<br /> ne��ssary t�ma�e up the sh�r�age in accordance v�ith RE SPA, but in no mor�than 1�mon�hly payments. If
<br /> �here is a deficiency of Funds held�n escr�w, as defined under RESPA, Lend�r shall notify Borrovver as
<br /> required by RESPA, and Borr�vwer sha11 pay t�Lender the am�unt necessary t�make up the defici�ncy in
<br /> accardanc�with RESPA, l�u�in no more than 1�man�hly payments.
<br /> Upan pa}�m�nt in fu11 of a�l su.ms s��ured by�his Security Instrument, Lender shall promp��y refund to
<br /> Borro�er any Funds h�1d by Lender.
<br /> 4. Charges; Liens. Borrvvver shall pay all taxes, assessmen�s, charges, fines, and�mposi�ions attributa��e tv
<br /> the Praperty v�hich can attai.n priorit�over this Secur�ty Instrument, Ieasehold pa}rments or graund rents on
<br /> th�Praperty, if any, and Cammun�ty Association Dues, Fees, and Assessmen�s, if any. T�the ex�ent that
<br /> �hese���ms ar�Escrow I��ms, Borr�wer sha11 pay'thenl i.n the mann�r prov�ded in Secti�n 3.
<br /> Barrower sha��prvmptly discharge any I�en which has priority aver this SeGurity Instrumen�unless
<br /> Borrovver: �a� agrees�.n wri�i.ng to th�paym�nt af the o�ligation secur�d by the�ien in a manner a�ceptable
<br /> to Lend�r, but on�y sa long as B�rrnwer is performing such agreement; (b}con�es�s�he�ien in g�od faith by,
<br /> or defends aga�nst enfvrcement af the l�en in, legal pr�ceedings whi�h in L�nder's opinian aperate�o preven�
<br /> �he enfurcement of the Iien while those proce�dings are pending, but onl}�until such pro�eed�rigs are
<br /> conc�uded; ar�c} se�ur�s!from the hold�r of the lien an agreement satisfa�tflry to Lender subordinatv�g�he
<br /> l�en ta this Security Instrument. If L�nder de�ermines that any part�f the Prop�rty�s subjec�to a lien which
<br /> �an atta�n priority aver this Security Instrument, Lender may g�ve Borrvw�r a nflti�e identifying the�i�n.
<br /> �'Ll�thin 1� days af th�date on which�hat no�ice is given,�Borrower shall satisfy�he lien or�ake ane or more
<br /> flf the ac�ions se�f�rth abave in this Section 4.
<br /> L�nder may requue Borr���r to pay a one�t�me charge far a real�sta��tax verifica�ion andlor reporting
<br /> ser�ice used by Lender�n�onnection with this Loan.
<br /> 5. Property lnsurance. Borrov�er shall keep th�unprvvements now existing or hereafter erected on�he
<br /> Pr�perty i.nsured against loss by fire, hazards included�vi�hin th�term "extended coverage," and any other
<br /> hazards in�Iudi.ng, but not limited t�, ear�hquakes and floods, far which Lender re�uires insuran�e. This
<br /> insurance shall be maintained in�h�amounts �including deduc�ible 1�v�1s� and for th�periods tha�Lender
<br /> requires. �]LThat L�nder requires pursuant to�h�precedin�s�nten�es �an change during the term of the Loan.
<br /> The insurance carr�er providing the insurance sha11 be chasen by Borr��er subj ec�tv Lend�r's right to
<br /> disapprove Bvrrower's cho�.ce, which r�gh�shall n�t be exer�ised unreasona�ly. Lender may requir�
<br /> Borrov�er to pa�, in canne��ion v��th this Loan, ei�her. �a}a vne-time charge for flood z�ne determinati�n,
<br /> c�rtifi�ati�n and tracking ser�i�es; or[b}a one-tim�charge fvr flood zan�de��rm�natian and certifica�ion
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