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��15�4547 <br /> The Funds shall be held in an institution tuhvse deposits are insu�red by a federal agency,instrumentalit�r,or <br /> entity�including Lender, if Lender is an institution whase d�pos�ts are so insured}or in any Federal Home <br /> Loan Bank. Lender shal�app�y the Funds to pay the Eseraw�tems no�ater than th�time specified u.nder <br /> RESPA,Lender shal�not�harge B�rra�rer for halding and applying the Funds,annually anal�zing the <br /> escrow account,or�erifying the Escrow Items,un�ess Lender pays��rrawer interest an th�Funds and <br /> App�icable Law perrnits Lender to make 5uch a charge, Unless an agreement is made in writing or <br /> Applxcable Law requires interest to be paid on the Fu�ds,Lend�r sha��not be ret�uired�o pay Borrower any <br /> interest or earnings on�he Fun�S. Bor�-ower and Lender can agree in writin�,however,that inter�st sha��be <br /> paid an the Funds.Lender shall give to Borrou�er,without charge,an annual accounting af t�ie Fun�is as <br /> required by RE SPA. <br /> If there is a surp�us of Funds he�d in escrow,as e�efine�l under RESPA,Lender sha�1 accaunt to Borr�wer for <br /> the excess funds in accordance with 1�ESPA. If there is a shortage of Funds held in e�craw,a�d�fin�d under <br /> RESPA,Lender shall notify Bo�-�rower as required by R�SPA,and Borrower sha11 pay to Lender the amount <br /> nece�Sary ta make up the shortage in accordance�rith R�SPA,but in no more than 12 manth�y pay�nents.�f <br /> there is a deficxency af Funds he�d i�escra�v,as defined under RESPA,Lender shall natify F3orro�rer as <br /> r�quired by RESPA,and Borr�wer sha11 pay to Lender the amount necessar�ta make up the defici�ncy in <br /> ac�ordan�e v�rith R.ESPA,but in no m�re than 12 monthl�payments. <br /> LJpon payment in fu11�f a�l sums secured by thrs 5ecurit�Instrument,Lender sha�1 prornptly refund to <br /> Borrow�r any Funds hetd by Lender. <br /> 4. �harges;Liens.Barro�ver shall pay a�l taxe�, assessments, �harges, fines, and impasitr�ns attributable�o <br /> �he Property which can attain priority over this 5ecurity Instrumen�,leasehold payrn�nts or ground rents on <br /> the Propert�r, if any,and Gommunity Association Dues,Fees,and.A.sseSsments, if any. To the extent tha� <br /> these items are Escrow Items,Borrower shall pay them in the manner pr�vided in�ection 3, <br /> Borro�er shall prorn�tly discharg�any lien�vhich has pri�rit�o�er this�ec�rity Instrur�en�u�l�ss <br /> Borrower: �a)agrees in tivriting to the payment of the obligation secured by thc lien in a manner acceptabie <br /> to Lend�r,but�nly�o�ong as Borrower is�erforming such agr�ement;��}��ntests the 1i�n in good faith by�, <br /> or defends against enforcement af the lien in, legal prcrceedings which in Lender's op�nion op�rate to prevcnt <br /> the enforcement of the lien tivhil�t�ho�e proceedings are pending,but only until such prQceedings are <br /> concluded;or(c}secures from the ho�der of the lien an agreernent sat�sfactory to Lender subordinating the <br /> �ien to thxs Security Instru�ment,If Lender determin�s that any part of the Property is sub�j ect to a li�n which <br /> can at�ain pri�rity o�er this Security Instru�meiit,Leizder may gi�e Borro�ver a nQtice identifying the 1ien. <br /> Wit�iin 1�days of the date an which that notiee is given, Barro�er shall satisfy the lien or take one or more <br /> af the actions�et far�h above in this�ection�. <br /> Lender may require Barro�ver to pay a one-time charge for a real estate tax verificati�n and�ar reporting <br /> service u�ed�b}�Le�.d�r in cor�n�ction with this Loan. <br /> 5. Prvperty I nsurance.Barrowe�-�hal�keep the �mprovements now ex�sting�r hereafter erect�d on�he <br /> Property insured against loss by fire,hazards included within the term"extended co�rerage,"and any other <br /> ha�ard5 including,but not lrmited�o,earthquakes an�i floo�ls, far whi�h L�nder rea�uires insuranGe,Thrs <br /> insurance shall be ma�ntained in the amounts�including deductrble leve�s}and for�he periads that Lender <br /> re�uires. 'VVhat Lend�r reuuires pur�uant to the pre�eding senten�es��.n cha�nge during�h�te�m of the Lo�.n. <br /> The insuranee carrier pro�iding the insurance shal�be chosen by Borrower subj ect to Lender's righ�to <br /> disapprove Borr�wer's choi��,�vhich right s�ial�not be exercised unrea�onably. Lender ma�requue <br /> Borrower to pay, in connection with this Loan, e�ther; �a}a one-time charge for#lood�one determinatian, <br /> �ertificatian�and tracking ser�ice5;or�b}a one-time c�arge for�aod zflne determit�ation and certification <br /> 1��8F�A5KA-Single Famify-Fannie MaeJFreddie MaG LINIF�R1►�l 1NSTRllMENT W1TH MERS Farm 3�z8 11Q1 <br /> u�p� VMP�A(NE}�i 30�}.4D <br /> WolEers Kluwer Finaneial 5erv9ces Page 6 pf 17 <br /> qo�341���6z1 oz�3 3�i o61� <br />