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2� 15�8775
<br /> The Funds shall be held in an institution w�iose�eposits are insured by a federai ageney, instrumentality,
<br /> or ent�ty�including L�nder, if Lender is an institution�vho�e depos�ts are sa insured�or in any Federal
<br /> H�me Loan Bank. L�n.der shall appiy the Fu�.ds to pa�the Escrov�Item��no later tha.n th�time s��cif�ed
<br /> under RESPA. Len�er shall not charge Borro�ver f�r holding and apply�n�th�Funds,ann�al�y an�I�zing
<br /> the esGrn��a�count,or�erifying the Escrotiv items,unless L�nder pays Borrower in�erest on the Funds
<br /> and Applicable La,tv permits Lender to make such a charge. Un�ess an agreement i�made in tivrit�ng or
<br /> Applicable Law requires interes�to be paici on the Funds, Lender shalt not he required t�pay Borrovver
<br /> any interest or earnings on t�ie Funds.�orraw�r and Lender can agree in�vr�t�ng, hovvever, tha�interest
<br /> shall be paid on th�Funds.Lender shali give to B�rrower,without charg�,an annual acco�.�nting of�he
<br /> Funds as required by RESPA.
<br /> If there is a surplus�f Funds held in escraw,as defined under RESPA, Lender shal�account to Borro�ver
<br /> fo�the excess funds in accordance Uvith RESPA. If ther�is a shor�ge of Funds held in�scrovv,as defined
<br /> under RESPA,Lender shai�notify Borro�ter as required by FtiESPA,and�orro��rer shall pay t�Lender
<br /> the amount neeessary to make up the shortage in accordance with RESPA,but in no more than 12
<br /> month�y payments. If there is a deficiency of Funds held in escrow,as defined under 1�SPA, Lender
<br /> shail notify Borro�rer as required by RESPA,and Barrait�ver shali pay to Lender the amount neeessary ta
<br /> make up the defici�ncy in accordance�vith RESPA,but in no more than 12 monthly payments.
<br /> Upvn payment in ful�o�a11 sums secured by this Security Instrumen�, Lender�hal�promptly refund to
<br /> Borrotiver any Funds he�d b�Lender.
<br /> 4. Charges;Liens,Barrower shali pay ali t�axes, a�sessments, charges, fines, and�mpositians attri�utabl�
<br /> to the Property�vhich can a�tain priar�ty over�his Security Instrument, leasehoid payments or ground
<br /> rents on the Property, if any,and Communr�y Association Dues,Fees,and Assessments, if any. To the
<br /> extent that tl�ese items are Escro�r Items, Borrower shail pay them in the manner pravided in Sect�on�.
<br /> Borro��er sha��promptly discharge any lien which has priority over this S�curity Instrument unless
<br /> Barro��er: �a}agrees in tivr�t�ng to the payment of the obligation secured by the lien in a manner
<br /> a�ceptable to Lender,but only so long a�Borr�wer is performing such agreement; �b)contests�he Iien in
<br /> good faith by,ar de�'ends against enfarcemen�of the 1�en in,Iega�proceedings tivhich in Lender`s opinion
<br /> �perate ta pr��ent the enforcerrient of the�ien t�vhile those proceedings are pending,but an�y unti�such
<br /> proceedings are conclud�d;or(c)secures fram the ho�der of the�ien an agr�ement s�tisfactory to Lender
<br /> subordinating the�i�n to this Security Instrument. If Lender determines that any part of the Property is
<br /> .
<br /> subject to a lien tivh�ch can attai�.priority over this Security Tns�rument,Lender rriay give Borro��er a
<br /> notice�dentifying the Iien. �V�thin �Q days of the date an which that notice is gi�en, B�rrower shall
<br /> satisfy the Iien or take one or more of the actions set forth above in this Section 4.
<br /> �. Proper#y Insuranee.Borrower shal�keep�be impro�ements no�v existrng or herea�ter erected an the
<br /> Property insured aga�nst loss by fire,ha�ards�ncluded�vithin the term"extended�o�era�e,"and any
<br /> other ha��.rds inc�uding,but not l�mited to,earthquakes and floads, for whi�h Lender requires insurance.
<br /> This insurance sha��be mair�tained in the a�ounts�including deductib�e 1e��ls}and for the periods that
<br /> Lender requires. �Vhat Lender require�pursuant to the pre�ed�ng sentences can change durin�the term of
<br /> the Loan. The insurance carrier providing the�nsurance shall be chosen by B�rrower sub�ect to I�ender's
<br /> right to disapprave Borra�ver's�ha��e,�hich right sha�l not be exercised unreasonably. Lender may
<br /> �require Barra��er�a pay,�n conneet�on�vith this Loan, either; �a}a ane-time charge for flood zone
<br /> det�rmination, �ertif�cation and tracking ser�ices?or(b}a one-tim�charge for flood�one determ�nation
<br /> and certi�"ication services and subsequent char es each time rema in s or similar changes accur which
<br /> FHA deed of Trust With MERS-NE 9130l2Q�4
<br /> Bankers 5ystemsTM VMP� UMP4NtNE}('15�6J.Qfl
<br /> Vlia�ters 1{luwer Financra�5erv�ces Page 6 of 17
<br /> qq334804�57Q ��3� 759 �G17
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