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2� 1 ��23�� <br /> Bor�o�rer �n�eres�on �he Fuz�ds and App�icable La�v permi�s Lender Co mal�e such a�harge. Unless an <br /> agree�nen��s mad� i��v�r�tzng or Applicable Law requ�rres i�1�e�•est to be paid on the Funds, Lend�r-shall <br /> not be reqL���•ed to pay Bor�aw�r any in�eres�or earninbs on�hc Funds. Borrowcr and Lender can agre� <br /> in v►»i�ing, ho�v��er, �hat intere�t sha11 be pa�d oza �he Funds. Lender shall �i�e �o Barrow�r, wi�ho�.�� <br /> charge,an a��nual accaunting of�he Funds as requ�red by RESPA. <br /> �f there is a surpl��s of F��nds he�d i�� escrow, as defined under RES�'A, L�nder shall account to <br /> Borrower for t��e exc�ss funds in acco�•dance v�it�a RESPA. If thez•e is a sho�•�a�e of F�,�nds held in <br /> escro�v, a� defned under RESPA, Lender shalX no�ify Barrowe�•as required b�RESFA, and Borr�wer <br /> shal� pay to Lender the amount t�ecessar-��o rnake up �he shoxtage in accnrdance wi�h RESPA, bu� �n <br /> no more �han �2 �non�hXy paym�nts. Zf t��ere is a defxcicncy of Funds held in escrow, as de�n�d��nder <br /> RESpA, Lender �ha�� natify Bo�-rovver as required by RESPA, and Bor�ovver shall pay �o Lender the <br /> amoun� necessar�r t� mal�e up �he deficiency in accnrdance with RESPA, b�.�t in no moz e than 12 <br /> montl�ly paym�n�s. <br /> Upo��payment�n fu11 of all sums seCurcd by th�s Secux i�y�nstrun�let��,Lender s�aa�l pr�mpt�y refund to <br /> Borra�ver any Funds held by Lender. <br /> 4, Charges; Li�ns.Borrowcr shall pay all taxes,assessments,charges, f�nes,and impositions a��ributab�e <br /> �a �he Proper�y wh�cla. can at�a�n priority oU�r�hi� S�curity It�strum�n�, leasehold payments ar grou��d <br /> rents on the Property, �f any,and Communi�y A�sociation Dues, Fees,and Assessme�ats, if any. To�he <br /> . ex�ent tha�these �tems are Escrow Ite�ns, �3orrower shail pay them in th� manner proW�ded in �ec�ion <br /> 3. <br /> Bor�-��er shal� promptly discharge any lien which.has prior�ty o�er �h�s Se��.�rity Instrument unless <br /> Ba�-o�er: �a� agr�es �n wr�ting to �he payment of thc: ob�iga�ion securcd by tl�e �ien in a manner <br /> acceptable to Lende�,but on�y so long as Borrower is p�rform�ng such agree�nen�; �b}cont�s�s�he lien <br /> in goad faith by, a�• defends against enforcement of�he �xen in, legal proc�ed�ngs which in Lender's <br /> op�n�on operatc tio prevent the enforcemen� of the lien whzle thosc proc�edings a�•� pending, but anly <br /> un�il su�h �roceed�ngs are conciuded; o� �c} secuz es fro�n �he ��o�der of �h�: Iien an agr�ement <br /> satisfactory�o Lender subardina�ing�he lien ta �his Se�~urity Ins�rurnent. �f Lend�r de�ermines tha�an�y <br /> par�of�he Prnperty is sL�bjec�to a lien v�hich can attain priori�y o�er this S�curity Instrumen�, Lend�r <br /> may gi�� Borrow�r a n�tice �dentifying the ���n. �ithin �[� days of�hc da�e on u�hich �ha� notice is <br /> given, Ba�-rower shall satisfy�he lien ar�ake one ar more of the actians se�foxth abo�e �n this Sec��on <br /> 4. <br /> 5. Praperty InsurancQ. Borrav�er shall keep the impro�emen�s now existing or hereaf�er erec�ed o���he <br /> Prope�-�y ins��red a�ainst loss by fire, hazards i��cluded wi�hzn the ��rm "extend�d cove�rage," and any <br /> o�11er ha7ards includ���.�, bu� n�t Ii�-n�ted ta, ea��hquakes and floods, for wh�ch Lc:nder requir�s <br /> �nsuranc�. Th�s insLaranc� sha��bc n�.ainta�ned in�he amounts �inc�ud�ng deductible levels} a�1d for the <br /> periods that Lender requ�res. �1'hat Lender rec�uires pursuant to the preceding sentences ca�a change <br /> during the term of the Loan. The insurance carrier provid�ng the �nsurat�ce shatl b� �hosen by <br /> Bor�ower sl�bject to Lender's righti to di�approve Lor�o�v�r's�hoice, which right shall no�b�exercised <br /> unr�asonably. Lender may require Bar�ovver to p�.y, �n cannection �vith this L�an, eith�r: �a� a <br /> �ne-time charge for �.aod zone determination, ce��if�ca�ion and tracking services; or �b� a ane-tim.e <br /> cha�•ge for f�ood zonc de�ermit�a��on and cer�i�cation s�rvices and subsequen� �harges each time <br /> �re�nappings or similar changes accur which rcasonably �n�gi�t affect such determination o�r <br /> ce�-�ifi�a�ion. Borrovver shal� al�o be responsible far th� paymen� of any fees imposed by �he Federa� <br /> Emerg�ncy Mana�e�nen� Agency in conne�tron v�zth the reW�ew af any flood zozae det�rminat�on <br /> result�ng fr�m an obj�cti.on by Ba�-rower. <br /> �f Borrower far�s �o main�ain any of the co�era�es described abov�, Lendc�• may obta.in insu�-ance <br /> ca�erage, a� Lender's op�i�n and Borra�er's expense. 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