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2� 1 ���837
<br /> The Funds sha�l be held in an in.stitution�avhose d�posits are insured by a federal agency,instrumentality,
<br /> or entity�including Lender, �f Lender i�an inst�tution whose deposits are so insured�or in any Federa�
<br /> H�me Laan Bank.Lender sha��apply�he Funds ta pay the Escrow I�ems n��ater than�he time s��c�f ed
<br /> under RE�pA.Lender shall aot charge BQrrower for holding and applying the Funds,annually analyzin.g
<br /> the escraw accaunt,or verifying the Es�ra�Item�,unless Lender pays Borro�er in�erest�n the Funds
<br /> and Applicab�e Law per�mi�s Lender to make such a charge.Un��ss an agreement is made in writing or
<br /> Applicable Law requires�nterest t�be pa�d on.the Funds,Lender sh�l�not be re�uired to pay�arrower
<br /> any interest or earnings on the Funds.Borro�ver and Lender can agree in wr�ting,howe�er,that in.terest
<br /> �ha11 b�pa�d on the Funds. Lender sha��gi�e t�Bono�er,vvithaut charge,an annual accounting of the
<br /> Funds as required by RE�PA.
<br /> If there is a surplus of Funds held�n escrow,as defined under RESI'A,Lender sha11 accaunt to Sorrow�r
<br /> for the excess funds in accordan�e with RESPA. If there i�a shortage of Funds h�1�1 in escrow,as defined
<br /> under RESI'A,Lender sha��notif�Borrvwer as required by RESPA,and Barrower sha��pay to Lend�r
<br /> the amount necessary to make up the shartage in accordance`uith RESPA,but�n no mare than 12
<br /> monthly payrnen�s. If there is a deficiency of Funds held in escrow,as defined under iiESPA,Lender
<br /> sha11 n�tify Borr�wer as required by RESpA,and Borraw�r sha��pay to Lender the�mc�unt necessary to
<br /> mal�e up the deficiency in accordance�rith RESPA,but�n no more than 1�rnonthly pa�rn�nts.
<br /> Upon payrnent in fu11 of a11 sums secured by this Security Instrument,Lender sha11 promptly refund ta
<br /> Borro�er any Funds held by L�nder.
<br /> 4. �harges;Li�ns.Borrower sha11 pay all taxes, ass�ssmen�s, �harges, fines, and�mpasitions attributable
<br /> to th�Property which can attain priority over this Security Instr�uument, leasehold payments or�round
<br /> rents on the Property, if any,and Community Assaciation Dues,Fe�s,and Assessrnents, if any. To th�
<br /> exten�that these�tems are Es�row Items,Borrower shall pay them in the manner provided in Section 3.
<br /> Borro�ver sha�l promptly d�schar��any lien which has priarity aver this Security Instrument unless
<br /> Borrower: (a}agrees in writing to the payment of�he abligation secured by the I�en in a manner
<br /> acceptable t�L.eader,but only so long as Borrower is performing such agreement;�b)contestas the lien in
<br /> good faith by,or defends aga�nst enf�rcement of the lien in, 1�ga1 proceeding;s which in L�nder's opinion
<br /> operate ta prevent th�enforcement of the�i�n wh�ie those proceedings are pendin.g,�ut only until such
<br /> proceedings are concluded;vr�c}secure�fram the holder of the lien an agreement satisfactary to Lender
<br /> sub�rdinating the lien to this Security Instrument. If Lender determines that any part of the Praper�y is
<br /> subj ect ta a lien tivhich can attain priarity aver th�s�ecurity Instrument,Lender ma�r give Borrov��r a
<br /> notice identifying the li�n. �Ti�hin 14 days of the date on which that n.otice is given,Borrawer shal�
<br /> satisfy the�ien or take one ar mare of the acti�ns set forth abo�e in th�s Sect�on 4.
<br /> 5. P ro perty�nsu ran c�.Borrower shall keep the impro�err�ent�no�v e��st�ng or herea�er erected on the
<br /> Property insured against��s�by fire,hazards in.cluded within th�term"�xtended Goverage,"and any
<br /> other hazards in�luding,but not limited to,earthquakes and fla�ds, for which Lender requires insurance.
<br /> This insuranee sha11 be maintained in the amaunts(including deductible Ievels}and for the periods that
<br /> Lender requues. What Lender requires pursuant to the preceding sentences can chang�during the term of
<br /> the Loan.The insurance carrier praviding th�insurance�hall be ch�sen by Borrower subject to Lender's
<br /> right to disapprove Borrower's choice,�vh�ch right sha11 not be exercised unreasonab�y.Lender may
<br /> require Borrower to pay, in connectian�ith this Loan,either: [a)a ane�tirne charge for flood zone
<br /> determinati�n,certification and tracl��ng services;ar[b)a one-time charge for flaod zane de�ermination
<br /> and certification ser�ices and subse uent char �s each tim�r�m� in s or similar chan es occur whi�h
<br /> FHA Deed of Trus#W�t�MERS-NE 9/34/2414
<br /> Bankers SystemsTM� VMP� VMP4N(NE}�154B)A4
<br /> Walters hCluwer Fir�ancial Service� Page B of 17
<br /> q�3349�441?1 �233 3�� �617
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