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2� 1 �� 1112
<br /> The Funds shall be he�d�n an institution whose deposits are i�sured by a federal agency, instrume�tality,
<br /> or en�it}�(i�.clud�ng Lend�r� if Le�der is an in.stitution�vh��e d�posit.s are so insured}or in.any Fe�era�
<br /> Home Loan Bank.I�ender shall apply the�unds to pa}�the Escrow�tems na later than the time spe�ified
<br /> un.der RESPA. Lender sha���.ot charge Borro�e�for ho�d�ng an�app�y�ng the Funds,annua���ana�yz��.g
<br /> the escro�accaunt,or verifying the Escro�v��ems,un�ess Lender pays Barrower in�erest on the Funds
<br /> and Applicable Law perm���Lend�r to rnake such a charge.I,�n1�ss an agreement is rnade in wri�rng or
<br /> Applicable Law require�interest ta be paid�n the Funds,Lender sha11 not be required to pa}�$arrov�er
<br /> any interest or earnings an the Funds.Borrvvver and I�ender can agree in�riting,ho�ever,that interest
<br /> shal�be paid on the Funds.Lender shall gi�e to Borrawer,w�th�u�charge,an annual accounting of the
<br /> Funds as requued by RESPA.
<br /> If there xs a surp�us of Funds h��d in escr��,as de�ned�n�er R�S�'A,�.ender sha��account to Borrower
<br /> far the e�cess funds in accordance with 1�SPA, If there is a shortage of Funds h�1d in escrov�,as defined
<br /> under R.�SPA,i.�nder sha1l notify Borrower as required by RESl'A,and$orro��r s�a��pay to Lender
<br /> �he amount necessary t4 make up the shartage in accardance v�ith RESPA,but in no more�han 12
<br /> mon�h�y payrnent�. If there is a deficiency of Funds held in escrow,as defined under RE51�A,Lender
<br /> sha11 notify Borro�er as required b}�RESPA�and Borrower sha11 pay�o L�nder the amount necessary to
<br /> m�.ke up the defici�ncy in accordance with RE�PA,but in na more than 12 monthly payments.
<br /> Upon payment in futl af all sums secured by this Securi�Instrum�nt,�ender s�a��prt�mpt�y refund to
<br /> B�rrow�r an.y Funds he�d b�Lender,
<br /> 4. �harges;Liens.�or�r�wer sha1�pay al�taxes, asses�ment�, charges, fines, and�mpositions attributable
<br /> to t�e P�aperty�hiG�ca�atta�n prior��ty vver th�s S�curity In�trument, leasehold payments or gr�u�d
<br /> rents an the Property, if any,an.d Communit�Association Dues,Fees,and Assessments, if ar�y. To the
<br /> extent that th�se Ytems are Escrow Items,�orrQ�er s�.a��pay ther��n the ma�er pFov�ded�n Sect�an 3.
<br /> Borrower sha�l promptly discharge any lien whxch has priority over this Security Instrument unless
<br /> Borrawer: (a}agrees in tivriting to the payment of the obligation s�cured by the l�en in a manner
<br /> acceptable to Lender,but�nly so long as Borr�wer is perfarming such agreement; (b)con�es�s the li�n in
<br /> good faith by,or defends against�nforcemen�of the �ien�n, 1ega1 proceedings tivhich i.n Lender's opinion
<br /> o��rate to prevent the e�forc�ment af the�ien whi�e thvse p�o�eedings are pending,but onl�until such
<br /> proceedings are concluded;or(c}secures from the holder of the lien an agreement satisfactory to Lender
<br /> subvr�inatYng the��en t�this Sect�rity Inst�u.me�.t. �f Lender d�ter��nes that a�y pa�-t o�the Property�s
<br /> SUb�eCt��a�l�ri Wb1C�Ga�l a�.lt1 pr14r1�QVer t�115 SeCllrl�IriS�IUril�rit,Lender may give Borrower a
<br /> notice identifying the lren, i�rthin. 1��days of the date on which that na�ice�s gi�en,��rrvtiver sha��
<br /> satisfy the�ien ar take one or rnore of th�actions set forth above in this Section 4.
<br /> 5. Property In�urance.Borrower sha11 keep the imprQ�vements no�ex�s�ing or herea�er erected an the
<br /> �'op��-ty�nsured aga��s��oss by fire,hazards�nc�uded tiv�t�.�n the term"�a�tended coverage,"and any
<br /> ather hazards inc�uding,but not limited to,earthquakes and floods, f�r�hich Lender requir�s insurance.
<br /> '�his insurance sha��be main�a.ined in the am�unts(inc�uding deduct�b�e�e�e�s}and for the per��ds that
<br /> L�nder xequires.What Lender requires pursuant to the precedin�sente�.ces can change dur�ing the�erm of
<br /> the Laan. The insurance carrier providing the insurance sha�t be chosen by Barraurer subj�ct to Lender's
<br /> right to disapprove Borrower's choi�e,which right shall not be exercised unreasonably. Lend�r may
<br /> require Borrawer ta pay, in connection with th�s Loa�,either: (a�a ane-�ime charge for flood zone
<br /> de�ermination,c�rtification and tracking ser�ices;or(b)a one-tim�charge for fl�ad zone determination
<br /> and certificat�on sexvices and su�se uent eharges ea�h time rerna in s or similar changes accur which
<br /> FHA❑eed af Trvst Wit�MERS-NE 9134124�4
<br /> Bankers SystemsT"" VMP� VMP4N[NE}{15UB}.44
<br /> Wolters Kluwer Financ�al Serv�ces Page B of 17
<br /> q�33�1965385 4�33 Z8� �617
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