201603477 - Laserfiche WebLink

Browse

2� 1 ��3477 re�u�red by R.ESPA, and Borr�w�r sha�l pay ta Lender the amoun�n�cessary t� mal�e up�he d�f��en�y �n ac�ordance wzth RESPA, but in n� more than �2 month�y paym�nts. Up�n pa�ment in fu11 af a��sums s�cur�d b��his Se�uri�y �nstrumen�, Lender sha��prampt�y refund�� Borrower any Funds held b�r Lender. 4. Charg��: Liens. Borrower shall pay all ta��s, assessments, charges, f�n�s, and�mp�s�ti�ns attributa��e ta �he Fr�perty vvh��h can atta�n priority ov�r this Security �nstrument, �easeho�d payments ar ground rents�n the Proper�y, if an�r, and Commun�� Association Due�, Fe�s, and Assessm�nts, zf any. To the e��ent that these z�ems are Escrow I�em.s, B�rr�wer shal�pa�them in th�manner pra�ide��n Section 3. B�rrower sha11 prampt�y dischar�e ar��lien which has priorzty over�his S�curity Instrument unless Borrflwer: �a} agrees �n writing�o the payment�f the ob�igat�on secured by th��ien zn a manner acceptab�e to ��nder, but only s� �ong as Borrawer is perfarming such agr�ement; �b} c�ntes�s the lien�n g��d fai�h by, or defends against enfor�em��t of the lien in, �ega�pra�eed�ngs wh��h �n L.�nder's �pinion�perate to prev�n� �h�enf�rcement af the l��n wh��those proceedings ar�pending, bu�oniy until such praceed�ngs ar� conc�ude�i; or�c} secures from th�ho�der�f the�ien an agreement satzsfactary�o Lender subord�nat�ng the ��en�o�his Secur�ty �nstrum�nt. If L�nder determines that any par�af th�Property is su�a�ject�o a��n vvh�ch can a�tain�r�or�ty�ver�hzs S�curity �ns�rument, L�nder may giv�Borrow�r a not�ce iden�ifying th��ien. �Vith�n ��da�s of th�date an tivhich tha�na�ice is given, Borrower shall sa��sfy the l�en or take one or more af the actions set forth above�n�his Sect��n 4. Lender ma� require B�rr�wer to pay�one-t�me�ha�ge for a rea�es�ate tax�erification andlor r�por�ing service used by Lender�n con�aect�on with this L�an. 5. Property �nsurance. B�rr��r sha��keep the impr�vemen�s now existing or hereafter er�e�t�d fln�he Prop�r�y�nsured agains��oss�y fire, hazards in�luded�v�thin the�erm "extended ca�erage," a.nd any other hazards �ncluding, but n��zm�ted to, ear�hquakes and f�oods, for which Lender requir�s insuran�e. This insurance sha11�e nlazntained zn the amounts ��n�lud�ng deduc��b�e lewe�s� and far the per��ds that Ler�d�r requires. �hat Lender requires pursuan�to the preceding sentences can change during the term�f�he Lnan. The�nsurance carrier prav�ding the insurance shall be ch�sen by Borrow�r subject t� Lender'�r�ght�o disappr��e�orrawer's�ho�c�, �vhzch r�ght shal� nat be�xercised unreasona��y. Lend�r may require B�rrawer�a pay, �n connection with th�s Lflan, either: �a} a fln�-t�me�harge for��.00d z�ne determinati�n, cer�ificat�an an�track�ng ser�ices; or�b} a one-�ime charge for f�ood zon��eterm�natzon and cer�ification services and subsequen�charges each��m�r�mapp�ngs ar similar chan�es o�cur which r�asonab�y migh� affect such determinatitin�r cer�if�cat�on. B�rraw�r shal� also b�r�sponsib�e for th�paymen�of any fees �m.posed by the Federal Emergency Management Ag�ncy in conn�ction with th�re�r��w�f any f�ood zone de��rminati�n r�su��ng from.an objec�i�n b�Borr�wer. If Borrawer fails ta maintain any of the coverages described abav�, Lender may obta�n�nsurance�o�erage, a�Lender's�pti�n and Borrower's expens�. Lender is und�r n�abl�gat�on to purchas�any par�icular t�pe or amount�f�average. Therefor�, su�h coverage shal� c�ver Lender, but mught�r might not pr�tect Borrovver, Borrov�rer's equ�ty in�he Proper�y, or�he c�n�ents of the Prnperty, against any r�sk, hazard�r�zabzlity and m�gh�pr�vide great�r or I�sser co�erage�han vvas p�evz�usly in effect. B�rrower ackr�o�vledges that the cos� flf th�insurance cov�rage so obtained might sign�f�cant�y exceed�he cast af�nsurance that Borrower�ou�d ha�e obtained. An�r amau�.ts disbursed b�L�nder under th�s Sec�ian 5 �hall be�ome additianal d�bt af Borrower secured by thi� Securi�y Instrument. These amounts shail i�ear interes� a��he N'nte rat�fr��n the date af disbursem.en�an�i shal�b�payable, with su�h interes�, upon notice from L�nder tfl B�rrow�r reques��ng paymen�. NEBRASKA-5ingle�amily-Fannie Mael�reddie Mac UNIF�RM INSTRUM�NT Farm 3D28 1101 VMP� VMPfi4N�y Z1302� Wa[ters Klt�wer Financial Ser�ices Page�of 17