201507799 - Laserfiche WebLink

Browse

2� 15�7799 required by RESPA, and B�rrower shall pay t� Lend�r the amaun�necessary to make up the d�f��iency �n accardance with RESPA, �ut in no m�re than 1� m�nth�y payments. Up�n payrnent in full af ai� surns secured by �h�s Security Instrument, Lender shall promp�ly refund tfl Borrawer an� Funds held�y Lender. 4. Cha�ges, Liens. B�rrower sha�l pay aIl taxes, asses�rnents, charg�s, ��nes, a.�d �mpositions attributab�e to th�Proper�y wh�ch can attain priarity over this Securi�y Instrument, leasehald pa�ments or ground r�nts on th� Prop�r�y, if any, and Community Association Dues, Fe�s, and As�essments, if any. Ta th�extent that �hese items are�scro�v �tem.s, Borro�ver shall pay them in�he manner provided in Section 3. Barrower shall pramp�ly discharge any l�en which ha�przor�t�o�er th�s Security �ns�rument un��ss Borrower: �a} agrees in wri�ing ta the payment af the ab�igat�on secured by�he�ien in a mar�ner acceptab�e to Lender, �ut on�y so �ong as Barrower is performing such agreement; �b}c�ntests the lien in goad fa�th b�, or d�fends aga�ns�enf�rcement of the lien�n, lega�proceeding� which �n Lender's apinion opera�e to prevent the enforc�me�t of the li�n wh��hose proceed�ngs are p�nding, bu�only un�il su�h proceedings ar� Con��ud�d; ar�c} secur�s fr�m the hflld�r�f the��en an a�reement satisfaCtory t� Lender subordznating th� lien to th�s Secur�ty �nstrument. If Lender determines tha�any par�of�he Proper�y �s sub�ect to a��en whiCh can at�a�n pr�ority n�er th�s S�cur�ty Ins�rument, Lender�nay g��e Borraw�r a no�zce �d�ntifyzng �he lien. �Ttrithin 1�days of�he date�n wh�ch�hat natice is gi�en, Barrower shall satisfy the�ien ar take or�e or more af the actions se�for�h abo�e�n�hzs Sec��an 4. Lender may require B�rrower to pay a one-t�me c�.arge f�r a real estate tax veri�cat�an andlar repor�ing ser��ce used by Lend�r in�onnecti�n with�his Loan. 5. Pr�perty �nsurance. Borr�wer sha��ep the impro�ement,s nov� existing�r hereafter erected on�he Property �nsured aga�nst loss by f�re, hazards included within�he term "extended co�erage," and any other hazard� includ�ng, but nnt��n��ed�o, ear�hquakes and floods, for which L�nd�r requires insuran�e. This insurance sha�l be maintained �n��ae a�ou�a�s ��c�ud�ng deductible�e�e�s} and for�he per�ods that Lender requzres. Wha�Lender r�quires pursuan�to the precedzng sen�ences can change dur�ng th�term nf�he Loan. The�nsurance carr��r pra�iding the insurance shai� be chosen by Borrower sub��c�to L�nder's r�ght�o disappr��e Barr�wer's choice, wh��h right shall no�be exercised unreasanably. Lender may r�quire Borrovver ta pay, in c�nnec��n with th�s L�an, e��her: �a} a ane-time charg� f�r fload zane det�rmination, cer�ifica�i�n and tracking ser�i�es; ar�b} a one-��me charge far flo�d zone det�rminat�an ar�d Gertification services and subsequen�charges each t�m�r�rnapp�ngs�r s�milar chang��o��ur wh�ch r�asonably migh� aff�ct such determinati�n or cer�i�ca�ion. Barrawer shal� a�so b�r�spons�b�e for the payment�f an�r fees �mpased by the Federal Emergency Managemen�Agency in conne�tian with the re�iew of any fl�od zone de�erm�na��on r�su�t�n�from an objection hy Barrav�er. �f Barrawer fails to rnain�a�n any�f the co�era�es d�s�ribed abo�e, Lend�r rnay abtain insurance co�erage, at Lender's opt�an and Barrawer's �xpens�. Lender�s under n�obligation to purGhase ax�y part�cu�ar��pe or amount of c�verage. Theref�re, such coverage sha�� co�er Lend�r, bu�maght�r mzgh�nat prn�ect Barrower, Borrower's equ��y in the Pr�p�rty, or the canten�s �f�he Proper�y, aga�nst any risk, ha2ard or liabi��ty an.d might provid�gr�ater or lesser coverage than v�as pre�iou��y in�ffect. Barrower ac�nowledges�hat the cast �f the insurance coverage so obta�ned might signi�cantly e�ceed the�ast of insuranc�that Borr�wer could ha��obtained. Any am�unts d�sbursed by Lender�xnder this Sec��on 5 shali become additional debt of B�rrower seGured by this Security �nstrument. Th�se amounts shai��ear�nterest at�he No�e rate frflm the da�e of d�sburs�men� and shaii be payab�e, wi�h such �nt�res�, upon not�ce fram Lend�r�a Barrower reque�ting pay�nen�. NEgRASKA-5ingle�amiiy-Fannie MaelFreddie Mac UN[FC]RM INSTRtJMENT Farm 3��8 1!D1 VMP� VMPfi�NE�Z13D2y Wvlters Kluwer Financia!Ser�ices Page fi of�7