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� ` 2� 1 ��3831
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<br /> Lender wai�es my obiigation to pay the,Funds for any or aIl Escro�v Items. Lender may �rai��my
<br /> obligation to pay to Lender Funds for any or all Escravv Items at any time. Any such waiver may
<br /> only be in writing. In the e�ent af such wai�er, I shall pay directly, when and where payab�e, the
<br /> amounts due far an}�E�crow Items for which payment of Funds has been waiv�d by Lender and, if
<br /> Lender reyuires, shall furnish ta Lender receipts e��d�ncing such payment within such time period
<br /> as Lender may require. My obligation to make such payments and to provide receipts shall for all
<br /> purposes be deemed to be a covenant and agreement contained in the Laan Dacuments, as �he
<br /> = phrase "covenant and agreement" is used in the Laan I]acuments. �f I am obligated to pay Escrow
<br /> Items directly, pursuant ta a wai�er, and i faii to pay fhe amount due for an Escr�w Item, Lender
<br /> may exercise tts rYghts under the i�aan Documents and �his Agreemen� and pay such amount and I
<br /> shall then he obligated to repay �o Lender any such amount. Lender may re�oke the wai�er as �o
<br /> any or all Escrow Items at any time by a notice gi�en�n accordance with the Loan Documents,and,
<br /> upan such reWocatio n, I shall pay to Lender ail Funds, and in such amounfis,thafi are then r�quired
<br /> under this Section 4.E.
<br /> Lender may, at any time, collect and hold Funds in an amount �a� sufficxent to permit Lender tn
<br /> apply the Funds at the time specified under the Real Estate Settlement Procedures Act�"RESPA"},
<br /> and �b} nof ta exceed th� maximum am�unt a lender can require under RESPA. Lend�r shali
<br /> es�imate th� amaunt af Funds due an the basis af current data and reasonable estimates of
<br /> expenditures of future Es�row Items or otherwise in accorda.nce with applicable law.
<br /> The Funds shall be held in an institution whos� deposits are insured by a federal agency,
<br /> instrumentatity, or en�ity (including Lender, rf Lender is an institution whose deposits are so
<br /> insured}or in any F�deral Horne Loan Bank.Lender shall apply the Funds to pay the Escrow I�ems
<br /> no later than the time specified under RESPA.Lender shatl nat charge me for holding and applying
<br /> the Funds, annually analy�ing �he escrow account, ar �erifying th� Es�row Items, unless Lender
<br /> pays me interes�on the Funds and applicable Iaw perrnits Lender to make such a charge.Llnless an
<br /> agreemen� is made in writing or appiicable lavv re9uires interest to be paid on the Funds, Lender
<br /> � sha�l not be required to pay me any inter�st or earnings on the Funds. Lender and I can a.gree in
<br /> writing,howeWer,�hat interest sha�l be paid on the Funds.Lender shal�proWide me,without charge,
<br /> an annua�accounting of the Funds as reQuired by RESPA.
<br /> �f there is a surpius of Funds held in escrow, as defined under RESPA, Lender shal� account to me
<br /> for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as
<br /> defined under RESPA,L�nder shal�notify me as required by RESPA,and I shall pay to Lender the
<br /> amount necessary to make up the shortage in accardance with RESPA, but in na more than l2
<br /> manthl� paymen�s. If there is a deficsency of Funds held iIl escrow, as defined under RESFA,
<br /> Lender shall notify me as reyuired by RESPA, and I sha�l pay to Lender the amount necessary to
<br /> � make up th�def ciency in accardance with RESPA,but in no more than 12 monthly payments.
<br /> Upon payment in fu I1 af all sums secured by the L�an Dacuments, Lender shall promptly refund ta
<br /> me any Funds held by Lender.
<br /> F. That the Loan Dacuments are composed of duly valid, binding agr�ements, enforceable in
<br /> accordance wi�h their�erms and are hereby r�affirmed.
<br /> �. That all terms and pro�isions of the Laan Documents, except as expressly modified by this
<br /> Agreement, remain in full force and effect; nothing in this Agreement shal� be understood or
<br /> canstrued to be a satisfaction or release in whole or in part of the obligations contained in the Lvan
<br /> � Dacuments;a.Yid that except a5 otherwise spec�f cally prav�ded in,and as express�y rnodified by,this
<br /> Agreement, the Lender and I will be bnund by, and will comply v�vith, a�l of the terms and
<br /> conditions of the Loan Documents.
<br /> �Veils FargQ CustQm Home Affurdable MadiFcation A.�reemer�r-IVan-G5E I Q042Q15_3Z9 �Q$�m�������
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