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2� 1 ��5994
<br /> '��ie�unds shatt be he�d in an inst�tution whose deposits are rnsured by a federa�agency, in�ttruumenta��ty,
<br /> or enti�y�including L.ender, �f Lender is an�nstitution whos�deposits are sa in.�ur�d}or�n any Federal
<br /> �Iome Loan Bank,Lender sha��apply the Funds�o pay the�scrow Items no later than th�time specified
<br /> under RESpA. L�nder sha11 not charge Borrower for holding and app�ying t�e Funds,annua���ana�yzing
<br /> the escro�r account,or�erifying the Escro�I��ms�un�ess Lend�r pays B�rrov�rer interest on the Funds
<br /> aad Applicable La�v permits L�nder ta mak�such a charg�.Unless�.n agreement is made in writing or
<br /> App�icable Law requires interest to be paid on the Funds,Lender sha��no�be required ta�ay Borrower
<br /> any interest ar earnings on the Funds. Borro�er and Lender can agree in writing,hovvever,tha��nterest
<br /> sha11 be pai�on the Fund�.Lender shall g�ve to Borrower,without charg�,an an.aual-acc�unting of th�
<br /> F�nds as requiare�b�RE SPA,
<br /> If there is a surplus vf Funds held in escrow,as def�ned under RESPA,Lender sha11 accaunt to Borro�er
<br /> for the e�cess funds in ac�ordance�vith I�SPA. If there is a sh�rtag�of Funds he�d in escrow,as defined
<br /> und�r It�SFA,Lender sha11 notify Borrawer as required by RE ST'A,and Borrawer sha��p�y to Lender
<br /> the amount necessa.r�to make up the shortage in accordance��th RESPA,but in no more�han 12
<br /> month�y pa�ments.If there is a def�ciency of Fund�he�d in escro�,as defined u�der RESPA,Lender
<br /> shal�notif�Bono�c�ver�s requ�red by RESPA,and�arrow�r sha11 pay to Lender�h�amount necessary ta
<br /> mal��up�he de�c�enc���.accordance�v�th RESPA,but�n�.o rn�re���n ��monthly payments.
<br /> Upon payment�.n full af a11 sums secured by this S�cur�ty Instrument,Lender sha11 pramptly refund t�
<br /> Borrower any Funds held by Lender.
<br /> 4. �harges;Liens.Barrower shall pay al1 taxes, assessm�nts,charges, fines, and impositions att�ibutable
<br /> to the Froperty�hich can at�a.in priority a�er this Secur�t�Instrument, ieasehold payments or grvund
<br /> ren#s on the Property, if any,aa�Cammunrty Associati�n I�ues,Fees,and Assessments, if any.'�'�t�e
<br /> extent tt�at these items are Escro�v It�ms,�arrovver sha11 pay them in th�manner pravided in Section 3.
<br /> Borr�wer s�.a���r�m��Z�dis�harge a�.y��en�hich has�a���r�t�ove�t�.�s Secur�ty Ins�run3e�t�r�I�ss
<br /> Ban�wer: (a}agrees in writing to the payment of the obliga�i�n secured�y th�lien in a man.rxer
<br /> acceptab�e to Lender,but Qn1y so lang a�Borro�ve�i�perform�ng such agreement;(�b�contests the lien in
<br /> good fai�h by,or defends against�nforcement of the�ien in, �ega�praceedings whrch in Lender's o�in�an
<br /> . operate to prevent the�nfQrcernent of the�ien while those proceedings ar�pending,but anly until such
<br /> proceed�ngs are concluded;�r(c}secures fram�he halder af the 1�en an agreement satisfactory to Lender
<br /> subordinating the lien.to this Security Instrument. If Lender determines�hat any part of the Prop�rty is
<br /> sub�ect ta a lien�hich can attain priority aver this Security Instrument,Lender may give Borrovver a
<br /> natice identifying the 1ie�.W�thin 1�days of th�c�ate�n which that notice is�i�en,�orrow�r sha11
<br /> satisfy�he�ien ox take�ne or more of the actians set forth ab�ve in�h�s S�ction 4.
<br /> 5. Prop+�rty Insurance.Borrawer sha1�keep the impr��ements now existing or herea#�er�rected on the
<br /> Pr�perty�nsured against���5 by fireA hazards in�tud�d within the��rm"extended co�erage,"and any
<br /> other hazards�nclud�ng,but n�t Iimited to, earthqual�es and flo�ds, for which Lender requu�s insurance.
<br /> Th�s insurance sha11 be main#a.��.ed in the amounts�including deductible levels)and for the p�riods that
<br /> Lender requires. �hat Len.der requir�s pursuant to the preceding sent�nces can chang�during the term of
<br /> the Loan.The in�urance carrier pro�iding the insurance sha11�e chosen by�orrower subject to Lender's
<br /> right t�disappr�ve Barrawer's choice,which right sha11 no�be e�er�ised unreasonably. Lender may
<br /> . require$orrower to pay, in cannection�vith this Loan, either: �a)a one-time cha.rge for fload�one
<br /> determina�ion,Gert�f�cation and track�ng services;or[b}a one-time charge for flood zone d�termination
<br /> and certif Gation s�rvi�es and sub�e��u�nt ch�,rges each tim�remappings or sim�lar chan �s o�cur v�hich
<br /> FHA❑eed o�Trust W�th MERS-NE 9I34PZ414
<br /> Bankers 5ystemsT� VMP� VMP4N(NE}(154fi}.44
<br /> VVa�ters�tuwer Financial Seni�ces Page B of 1 T
<br /> q(33�6a23�997 4�33 ��� Q��.7
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