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2� 1 ��5�52
<br /> The Funds sha11 be held in an institutian whose deposits are insured by a federa�agency, instrumentality,
<br /> or entity(inc�uding Lender, if Lender is an institution v�hose depos�ts are sa insured�ar in any Federa�
<br /> H�me Loan Bank. Lender shat�apply the Funds to pay the Escr��v Items na later than the time specified
<br /> under F�E�PA.Lender sha�l no�charge Barrower fvr holding and app�ying the Funds,annually analy��ng
<br /> th�escrow aceount,or verifying th�Escrow Items,un�ess Lender pays Borrower�nterest an the Funds
<br /> and Applicable Law p�rmi�s Lender to make such a charge.�n�ess an agre�ment r�m�de in vv�riting or
<br /> Applicable Law requires interest to be paid on the Fun.ds,Ler�der shail not be requi.red to pay Barrower
<br /> a�y interest or earnings on�he Fund�.Borrower and Lender can agree in tivriting,howe�er,th�.��nterest
<br /> sha11 be paid an the Funds.Lender shall give t�Borrawer,without charge,�n annual ac��unting of the
<br /> Funds as required by RE SPA.
<br /> If there is a surplus of Fuads held in escraw,as d�fined under RESPA,Lender shall accaunt to Borrotiver
<br /> far the excess funds in accordance with RESP�. If there is a shartage of Funds held in escro�rs as defined
<br /> under RESPA,Lender shall notify�orrower as required by RESPA,and l�orrower sha11 pay�v Lender
<br /> the am�unt necessar��o make up the shortage in accardance with RESPA,but in no more than 1�
<br /> monthlx payments. �f there is a def�ciency of Funds held in escrow,as defined und�r RE�PA,Lend�r
<br /> shall notify Borrower as r�quired by RESPA,and Borrower shall pay to Lender the amount necessa�to
<br /> make up the deficiency in accordance with RESPA,but in no more than 12 monthly pa�ments.
<br /> Upon�aym�nt in fu��of a��sums secured by this Security Instrument,Lender sha11 prompt�y refund to
<br /> Borrower any Funds held by Lender.
<br /> 4. Charges;L�ens.Borrower sha1�pay a11 taxes, assessments, charges, fin�s, and impositions attributable
<br /> to the F'roperty which can attai�priority o�er this Security Instrument, leasehold paymen�s or ground
<br /> � rents on.th�Property,if any,and�ommunity A�sociation Dues,Fees,and Assessments,if any. To the
<br /> extent t�.at these items are Escrow Items,Borrower sha11 pay them in the manner provided in Sectinn 3,
<br /> Borrower shatt�romptly discharge any li�n which has pri�rity over this Se�urity Instrument unless
<br /> Borrower: �a)agrees�n writing to th�payment of the obli�ation secured by the lien in a man.ner
<br /> acceptab�e�o L�nder,but only so long as Barrower is performing such agreement; �b}contests the��en in
<br /> good faith�y,or defends against enforeement of the lien in, 1ega1 proceedings which in Lender's opinian
<br /> opera�e to�re�e�t the enforcement of the lien while those proceedings are pending,but only until��ch
<br /> proceedings are conctuded;or(c�secures from the holder af the lien an agreement sati�factory to Lender
<br /> subard�nating�he lien to t�is Sec�.rity Instrument.If Lender determines that any part of the Froperty is
<br /> subj ect to a�ien which can att�in priority over this Security Instrument,L�nder may give B�rrower a
<br /> notice identifying the lien.Within��days af the date on which that n�tice is given,Borro�uer sha11
<br /> satisfy�he lien or tak�one or more of the actions set forth abo�e in this Section 4.
<br /> 5. P ro perty�nsu ran ce.Bo�-rower shall keep the improvements now existing or hereafter erected on�he
<br /> 1�roperty ins�ed against loss by fue,hazards included within the term"extended�overag�,r' and any
<br /> oth�r hazards in��uding,but not�im�ted to, earthquakes and fl�ods, for which Lender requires insurance.
<br /> This�nsurance sha11 be maintaine�in�he amounts�including deductible levels}and for�he periods that
<br /> Lender requires. �hat Lender requires pursuanfi to the preceding sentences can change during the term of
<br /> th�Loan. The insurance carrier prflv�din�the insurance shall be chosen by Borrower subject to Lender's
<br /> right to disapprove Borra�ver`s choice,�vhich right sha�l nat b�exercised unreasonably. Lender may
<br /> require B�rrower to pay� in connection with this Loan,e�ther: (a]a one-time charge far flovd zane
<br /> determ�nation,certification and track�ng ser�ices;or(b}a one-tin�e charge for fload zone determ�natian
<br /> and certificati�n s�rvices and subse uent char es each t�me rema in s or similax changes occur wh�ch
<br /> FHA Deed o'f Trust With MERS-NE �134I2U�4
<br /> Bankers SystemsT�++ VMP� VMP4N(NE}�15�B}.�
<br /> Walters Klu�er Financial S�rvices Page B of 1?
<br /> q433597�G685 ��33 367 DCl7
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