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201505256
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Last modified
7/21/2017 3:17:14 AM
Creation date
8/3/2015 1:47:50 PM
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DEEDS
Inst Number
201505256
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��15�5�5� <br /> � - <br /> Mortgagor or�rantor wi11 pay thase �erifying and tataling assessments and biils. <br /> amounts tv Lender unless Lender tells H�wever, Lender rnay charge Mortgagor or <br /> Martgagor or Grantar, in writing, �hat Grant�r for these ser�ices if Lender pays <br /> Martgagar or Grantor does not ha��ta da Mortgagor or Grantor interest on the Funds <br /> so, ar unless the law require��therwise. and if the law permits L�nder t�make such a <br /> Martgagor or�rantor will rnake thase charge. Lend�r may require Mortgagar or <br /> payments at the tim�s required by L�nder. Grantor ta pay a one-tirne charge far an <br /> independent real estate ta�reporting service <br /> Lender will estimate from time to time used�y Lender in accordance with the <br /> Mortgagar flr�rantar's yearly taxes, 5ecured Debts, uriless applicabte law <br /> a�s�ssments, leaseh�ld payments or ground pro�ide�atherwise. Lender will not�e <br /> ren�s and insu�anc�premiums,which wi11 be required ta pay Martgagar ar Grantar any <br /> called the E�crow Iterns. Lender wi�l use interest or earnings an the Funds unless <br /> existing assessments and bills and reasonable either(i} Lender and Mortgagor or Grantor <br /> estimates❑f future assessments and bills. The agre�in writing, at the time Martgag�r ar <br /> amounts that Mortgagor or Grantor pays to Grantor signed this 5ecurity Instrument, that <br /> Lender f�r Escraw Items under this se�t�on Lender wi�l pay interest�n th�Funds; or <br /> ❑vi11 be called the Funds. Lender wili calie�t �ir}the law requires Lender to pay interest on <br /> and h�ld Funds in an amount not to exceed the Funds. <br /> the maximum amount a lender for a fed�rally <br /> related mortgage loan may r�quire far Yf t,he Fund�held by Lender exceed the <br /> Mortgagor or�rantor's es�row account am�unts pernlitted ta be held by applicable <br /> under the federal Rea�Estate Sett�ement �aw, Lender will account to borr�wer for the <br /> Procedures Act af��74�as amended},unless excess Funds in accordan�e with the <br /> another Iaw that applies to the Funds sets a requirements�f applicable law. If the amaunt <br /> lesser amount. If so, Lender�vill ca�lect and �f xh��nds h�1d b�Lender at aay time is <br /> h�ld Funds 1n the lesser amaunt. n�t sufficient tn pay the Escrow Items when <br /> Lender will keep the Funds in a sa�ings ar ��e, L�nder may notify b�rrawer in writing, <br /> banking instituti�n which has it�deposits or �n�� �fiuch�ase, bnrrower w111 pay to <br /> accounts insured or guaranteed by a federal L�nder th�amnunt necessary to make up the <br /> ar stat�agen��. �f L�nder i��uch an shortage�r d�ficiency. Borrower shall make <br /> in�titution, Lender may holci the Funds. up th�shortag��r deficiency as Lender <br /> Lender will use the Funds to pay the Escrow dlrects, sub�ect tn the r�qurrements❑f <br /> Items. Lender wil�give Mor�gagar or applicabl�iaw. <br /> �rantar, withUut charge, an annual <br /> accounting Qf the Funds. That accounting If, by r�ason�f any default und�r this <br /> rnust show a11 additions to and deductions Secur�ty Instrument, L�nder declare�a11 <br /> fr�m the Funds and the reason for each S��ured Debt�due and payable, Lender rnay <br /> deduction. then apply any Funds against the Secured <br /> Debts. <br /> Lend�r may not charge M�rtgagar or <br /> Grantor for holding nr keeping the Funds, VLrhen Mortgagor or Gran�ar has paici all uf <br /> far using the Funds ta pay Escrow Items, the sums se�ured, Lender will pramptly <br /> for analyzing Mo�tgagor ar Grantor's refund to Mortgagor�r Grantor any Funds <br /> payments of Funds, or for r�cei�ing, that ar�then being held by Lenrler. <br /> Mortg.age Rider USB-MTG-R 3,'2512�1 Q <br /> VMPU 8ankers SystemsTM Pa e 2 of 3 <br /> Walters iCluwer Financiaf 5er�ices�'20�3 9 <br />
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