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2� 1 ��5932 The Funds sha11 be held in an in�t�tution whose deposits are insured by a federal agency, instrumentality, or entity(including Lend�r,if Lender is an�nstitut�on whos�deposits are�v insur��}or i�any Federal Home Loan Bank. Lender sha1�a�ply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lend�r sba11 nc�t charge Borrower for�olding and app�ying th.e Fu�ds,annually analyz�ng the�s�r�w account,or verifying the Escrow Items,un�ess Lender pay�B�rr�wer int�r��t on the Funds and Applicabte�.a�v p�e�mits Lender ta make such.a�harge.Unless an agreement is ma�e in writing�r Appli�able Law requires interest to be paid on the Fun.ds,Lender�ha11 not be required to pay Borrower any interes�or earn�ngs on the Funds. Barrawer and Lender can agr�e in writing,however�that xatere�t sha11 be paid on the Fu�.ds. Lender sha11 gi�e ta�orrower,�v�t�out charge,an annuat aGcounting of the Funds as required�by RESPA. If there is a surplus of Funds held�n escrow,as d�fined under RESPA,L�nd�r shall a��vunt to Borr�wer for the excess funds in accordance�vith RESPA. If there is a shortage af�unds he�d in escraw,as defined under I�ESPA,Lender sha��not��y Borrower as required by R�S�A,and Borro�er sha11 pay to Lender the amount necessar}�ta mal�e up�h�shartage �n accardance with RESPA,but�n no more than 12 monthly payme�.�s.If�here is a deficiency of Funds he�d in escr�w,as defineti under i�ESPA,L�nder sha��n.o��fy Borr�wer as required by RESpA,and�arrower shall pay to Lender the amount n�ces�ary to ma1�e up the d.eficiency i�acc�rdance with RESPA,but in no more than 12 manth�y payments. Upan payment in ful�of a11 sums secured by thi�Security Instrum�nt,Lend�r sha11 pram�atly refund ta Borrower any Funds he�d by Lender. 4. �harges;Liens.Barrower shall pay all�axesA ass�ssments, charges, f nes, and impositions attributable to the Property�uhich can atrain priority over this Security�n.s�rument, l�asehold payments or ground rents on the Property, if any,and Community Associatio�Dues,F�es,and Asses�ment�, if any. To�he extent that these items are Escrow Items,Borrawer shall pay them in the rnanner prawided in SectiQn 3. Borrower sha��promptl�disch.arge any lie��vhich has privrity over this Security Instrum�nt unless Borrower: (a}agrees in wt-�t�ng to�he payment of the obl�gation�ecured'by the lien in a manner acceptable to Lender,but only so long as Borro�ver is performing such agreement;(b)contests the��en in good faith by,or d�fen.ds against enforGement of the l�en in, �ega�praceedings which in Lender's opin�on operate�o prevent the enf�rcement of the lien while thos�proceedings are pending,but�n�y unt��such proceedings are c�nc�uded;or(c}secu.res from the halder of the lien an agreement sa��sfactary to Lender su�ordinating the lien to this Secui'ity Instrument. If Lender determ�nes tha�t any part of the Prop�rty is sub j ect to a lien which can atta.in priority over this Security Instrument,Lender may give Borrower a notice identifying the 1ien. �Vithin I4 da�s of the date on which that notice is given,Borrawer shall sat�sfy the�ien.or take one or more of the actions set forth abav�in this Section 4. 5. Pro�erty lnsuran�e.Borra�ver shall keep the improvements now exist�.n�or�.ereafter erect�d on the Frop�rty insured against lo�s by f�re,hazards included�v�thin the term"ex�ended coverage,"and any other�hazards including,but nat limited�o,earthquakes and fioods, for wl�ich Lender requires insuran�e. 7'his insurance shall b�maintained in the am�unts(including deductible levels}and f�r the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of �he Loan. The insura.nc�casrier praviding the insurance shal�be ehosen by B�rrow�r subject to I�ender's r�ght t+a disapprove Borrawer's choice,which�ight s}�a11 no�be ex�rcised uareasonably. Lender nlay require Borrower to pay, in connection with this Loaa, either: (a�a ane-�ime charg� for flood zo�.e determination,cer�ification and tracking s�rvices;or(�)a one-time�har��for flood z�ne determinatian and�ertification serv�ces and subse u�nt char es each�ime r�ma xn s or sinr�ilar chan e�ocGur which FHA�eed o#TEust W�th MERS-NE 913QC�0�4 � E�ankers Systems�'"" VMP� VM�4N(NE}4t5QB3•� Wolters Kluwer Financial 5ervicas Page fi�f 17 q�335 8$1�� 3 2� C1�