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2� 1 �� 1143
<br /> Lender may,at any time,coll�ct and hold Funds in an am�unt�a�su�cient to permit Lender ta apply
<br /> the Funds at the time specified under RESPA,and(b�not to exceed the maximum amount a lender
<br /> can require under RESPA.Lender shall estimat�the amount of Funds due on the basis af curr�nt data
<br /> and reas�nable est�mates of expenditures of future Escrow Items or otherwise in acc�rd.a.nce with
<br /> Applicable Law.
<br /> The Funds sha��be h�ld in an institution wht��e deposits are insured by a federa�agency,
<br /> �nstrumentality, �r entity�includ�ng Lender, if Lender is an institutian whose deposits are so insured}
<br /> or in any Federal Home L�an Bank.Lender sha�l apply the Funds ta pay the Escraw Items no later
<br /> than the time specified under RESPA.Lender sha�l not charg�Borrower for h�iding and applying the
<br /> Funds,annually ana�yzing the escr�w account, or verifying the Escrow Items,unle�s Lender pays
<br /> Borrower int�rest on the Funds and App�icabl�Law permits Lender to make such a chaxge.Un�ess a.n
<br /> agreement is made�n writing or Applicable Law requires interest ta be paid on the Funds,Lender shall
<br /> not be requi�-ed ta pay Borrower any inter�st or earnings�n th�Funds.Borrower and Lender car�agree
<br /> in writing,howe�er,that interest shall b�paid on the Funds. Lender shal�gi�e ta Borrower,without
<br /> charge,an annual account�ng of the Funds as required by RESPA.
<br /> If th�re is a surplus�f Funds held in escraw,as def ned under RESPA,Lender shal�account to
<br /> Borrawer for the exc�s�funds in accordance with RESPA.If th�re �s a shortage of Funds held in
<br /> escr�w,as defined under RESPA,Lend�r shail notify Borrower as r�qu�r�d by RESPA,and B�rrower
<br /> sha�l pay ta Lender the am�unt necessary to make up the shartage in accordance with RESPA,but
<br /> in no mare than 12 monthly payments. If there is a defi�ien�y of Funds held�n escrow,as d�f ned
<br /> under RESPA,L�nder sha�l notify Borrov�rer as required hy RESPA, and Borrow�r sha�1 pay to Lender
<br /> the amount necessary to ma1�e up the deficiency in acc�rdance w�th RESPA,but in no more than 12
<br /> monthly payments.
<br /> LTpon payment in full of all sums secured by this Secur�ty Instrument,Lender shall promptly refund to
<br /> Borrower any Funds held�y Lender.
<br /> 4. Charg�s; Liens. Bvrrower shall pay a�l taxes, assessments,charges,fu�.es,and impositions
<br /> attributa.ble t�the Property which can attain priority o�er this Security Instrument, leaseho�d payments
<br /> �r ground rents on the Property, if any, and Community Assoc�ation Dues,Fe�s, and Assessments, if
<br /> any.To the extent that the se item s are Escrow Item s,B arrower shall pay th�m in th�manner pro�ided
<br /> in Section 3.
<br /> Borrower shall promptly discharge ar�y�ien which has priarity��er this Security Instrument unless
<br /> Borrower: �a}agrees in writing to the payment of the obligation secured�y the �ien in a manner
<br /> acceptable to Lender,but only so long as Borrower is performing such agreement;�b}cont�sts the lien
<br /> in g�ad faith by,or defends against enforcement of the lien in, �ega�proc�edings which in Lend�r�s
<br /> opinion operate to prevent the enf�r�ement of the l�en whi�e those proc�edings are pending,but
<br /> on�y until such proceedings are cancluded;or�c}secures from the ha�der of the lien a.n a�reement
<br /> satisfactary to Lender subQrdinating the �ien to this Security Instrument.If Lender determ�nes that any
<br /> part of the Pr�perty�s subject ta a iien which can atta.in priarity o�er this Security Instrument,Lender
<br /> may gi�e Barrnvver a notic�identifying the lien. Within ��days af the date on which that noti�e�s
<br /> given,Borr�wer shall satisfy the�ien ar take one or more of the actions set f�rth abo�e in this Section
<br /> 4.
<br /> 5. P ro pe rty !n s u ra n c�. B orrower sha�l keep the impro�ements now exi sting or hereafter erected
<br /> �n the Property insured against loss by f re,hazards included within the term "extended c�verage",
<br /> and any other hazards including,but nat limited to, earthquakes and fl��ds,for which Lender requires
<br /> 23�39fi28�
<br /> FHA Deed of Trust-NE 913�12�14�rev 2115}
<br /> Banicers Sys#emsTM VMP� D8I2015
<br /> Wbkters Kluwer Financ�ai Services 2D'ESQ�0815 3 0 34DfrN20151�19N Page 5 of 15
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