201505454 - Laserfiche WebLink

Browse

��15�5454 required by RESPA, and Borrower shall pa�to Lender�he amount n�cessa��o make up the def�ciency in accordan�e with RESPA, but in no mor�tha� �2 m�r�thly paym�nts. Upan payment in fuil of all surns secured by this Security �nstrument, Lender�hall promptly refund�a Borrower an� Funds hei�by Lender. 4. Charges; Liens, Barrower shal� pay all tax��, assessments, charge�, �nes, and �mpasz��ons a�tr�butab��to the P�aper�y vah�ch�an at�ain pr�ority o�er th�s Secur�ty�nstrumen�, leasehold payments or graund ren�s on the Praper��, �f any, and Camrnun�ty A�s�c�at�an Dues, Fees, and Asses�ments, �f any. T��e extent that these�terns are Escro�v �tems, garr�we�r shall pa�t�em�n the rnanner pro�ided in Sectzon 3. Borr�wer shall pramp�Iy discharge any lien which has pr�or��y over this Secur�ty Instrument unless Borr�wer: �a� agree�in writing��th�payment af t�e�bligat�an s�cured by�h�l�en �n a mar�n�r a�ceptab�e to Lender, bu�only so Ion�as Borr�w�r i�perform�ng such ag�r�ement; ��}contests th��en �n good fa�th by, or d�fends aga�nst�nforcement�f�he lien in, legal proceed�ngs which�n Lender's opin�an apera�e�fl prevent �h��nforcement of the��en wh��those p�oceed�ngs are pendzng, 1�ut on1�unt�l such prflceed�ng�ar� conc�u�.ed; ar�c}secur�s from the ho�de�r�f th�lien an agreement satisfactary to Lender subardinat�ng th� lien�o th�s Secur�ty Ins�rumen�. If Lender�etermines that an�part of the Pr�perty is su�je�t to a lien which can attain priority over this 5e�:uri�y Instrument, Lender may gi�e Barrower a notice identifying the l��n. Withi� �fl days of the da�e an v�rhich that notie�is giv�n, Barrower sha��satisfy the li�n or tak�an�o�r mo�� af the act�ans set for�h abo��in this�ectinn 4. Lend�r ma�r require Borrower tfl pay a one-time charge for a r�al estate tax�erification andlar repartin� se�r��ce used by Lender�n connec�ion with thi�Loan. 5. Pr�per�y Insur�ance. B�rra�er shail k�ep the impr��ements now ex�sting or hereafter erected on�he Propert��nsured agains��oss by fire, hazards included v�i�h�n�he term "ex�ended c��erage," and any v�her ha�ards includir�g, bu�n�t lim�.��.�a, ear�hquak��and fl�nds, far whzch L�n�.er requires insuranc�. This insuranc�sha�1 be maintained�n the amounts ��nc�uding dedu��ib�e�evels}and for the per�ads that Lender requi��s. Wha�Lender requ�res pursuan�to�he�reccd�ng sentences�an change during the term of the Loan. The�nsuranG�carr�er pra�iding the insuran�e shal� be chosen by Borra�ver sub�ec�to Lender's right to disapprflve B�rrower's choice, which rig�t shall not b�exercised unreasanably. L�nder may require Borrawer to pay, in cannect�an with�his Loan, either: �a} a nne�time charge far f�aad zane determ�nat�on, cer�ifzcatian and tracking ser�ices; or�b}a oneM�im�Gh�rge for flood zone determinat�tin and�er�z�ica��on ser�ices and subsequent cha�ges each�ime remappings or simi�ar changes occur which reasonably m��ht affect such d�termination or cer�if�cat�on, Barrower sha��also be�respflns�ble fo��he paym�nt of any fees imposed by the Federal Emer�ency Mana�emen�A�ency in connec�ian with the re��ew of any f��ad z�ne determ�na��an�resu�t�ng from an ob�ectzon by Borrawer. �f Barro�ver fails to ma�n�a�n any of the coverag�s described ab�ve, L�nder may abtain insurance coverage, at Lender's op��on and Barrawer'�expens�. Lenrier is under no obli�atian t�purchase any par�icuiar type or amaunt of c�verage, Therefore, such co�erage shall cover Lender,bu�migh�ar m��ht nfl�p��tect Borraw�r, Borrower's equity in the Property, or the conten��af the Property, again�t any ri�k, hazard or Iiabiiity and m��ht p�ov�de g�ea�er or�esse�r cove�rage�han was pr�vious�y in effe�t. Borrower acknowledges that the cost af the insurance co�erage sa❑btained might significantly e�ceed the cast af insuranc�that Borrnwer cou�d have obtained. A.ny amou�ts di�bu�rsed by Lender under this Se�ti�n 5 sha�l be�ome add��zonal debt of Borrovver secur�d b�r this S�cur��y In�trument. These amounts sha��ear�n�er�s�at the Na�e rate frflm�h� date of dzsburs�men�a�ad sha��be payable, w��h suGh�nter�st, upon not�ce from Lender to Barr�wer r��uest�ng payment. N�BRASKA-5'sngle Farnity-Fann'se MaefFrer�die Mac UNI�DRM�iVSTRUMENT Form 3�2$11D1 VMf'�J VM�'S[N�)f13�2j Walt�rs Kl�wer�inancial 5er�i�es Pac�e�❑f 17