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<br /> The Funds shall be held in an institution�uhose deposits are insured by a federal agency, instrumentality,
<br /> or entity(including Lender, if Lender is an institution whose deposits are sa insured}or in any Federal
<br /> Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no �ater than the time specif�d
<br /> under RESPA. Lender sha�l not charge Borrower for hold�ng and app�ying the Funds,annually ana�yzing
<br /> the escrow account,or�erify�ng the Escrow Items,unless Lender pays Borrower interes�on the Funds
<br /> and Applicable Law permits Lender tQ make such a charge. Unless an agreem�nt is made�n writing or
<br /> Applicable Lavv requires interest to he pa�d on the Funds,Lender sha11 not be required ta pay Borrower
<br /> any interest or earnings on the Fur�ds. F3orrovv'er and Lender can agree in writing,howe�rer,that interest
<br /> sha11 be paid on the Funds. Lender sha11 give�o Borro�ver,w�thout charge,an annual accounting af the
<br /> Fun�s as required by RE SPA.
<br /> If there is a surp�us of Funds held�n escrow,as defined under RESPA, L�nder shall account to Borrower
<br /> for the excess funds in accordance wi�h RESPA. If there is a shortage of Funds he�d in escrow,as defined
<br /> under RESPA, Lender shall natify Borrower as r�quired by RESPA,and Borrower shall pay to Lender
<br /> the amount necessary to make up the shortage in accordance with RESPA,but in no more than 12
<br /> monthly payments. If there is a deficiency of Funds held in escrow,as def ned under RESPA, Lender
<br /> sha11 natify Borrower as required by RESPA, and Borrower sha11 pay to Lender the amount nece�sary to
<br /> mak�up the deficiency in accordance with RESPA,but in no more than 1�monthly payments.
<br /> Upon payment�n full of a11 sums secured by this Security�n�trument,Lender sha�l promptly refund�o
<br /> Borrawer any Funds he ld by Lender.
<br /> 4. �harges;Liens.Borrower sha�l pay a��ta.xes, a5sessments, charge�, fines, and imposi�ions attributable
<br /> to the Property which can attain priarity over thrs�ecurity Instrument, l�asehold payments or�round
<br /> rents on the Froperty, if any,and Community AssoG�ation Dues,Fees,and Assessments, if any, To the
<br /> extent that these items are Escrow Items,Borrower shai�pay�hem in the ma�.ner provid�d in Sec�ion 3.
<br /> Borrower shall promp�ly discharge any lien which has pr�ority over this Securi�y Instrument unless
<br /> Borrower: (a}agrees in wri�ing to the payment of the obligation secured by the lien in a manner
<br /> accepta.ble to Lender,but on�y so long as Borrower is performing such agreement; �b}contests the l�en in
<br /> good faith by,or defends agains�enforce�ment of the lien in, 1ega1 pr�ceedings vvhich in Lender's op�nion
<br /> operate to prevent the enfor�ement of the lien wh�le those pr�ceedings axe pending,but only until such
<br /> proceedings are concluded;or(c}secures from the holder of the lien an ag�r�ement satisfactory to Lender
<br /> subordinat�ng the lien to this Seeurity Instrument. If L�nder d�termin�s tha�any part of the Property is
<br /> subj�ct to a lien which�an attain priority aver this Security Instru.ment,Lender may gi�e Borrotiver a
<br /> notice identifying�he lien. Within ��days of the d�.t�on which th�t notice is g�ven,Barrower shall
<br /> satisfy the lien�r take one or more of the actions set forth above in this Secti�n 4,
<br /> 5. P ro perty I ns u ran ce.Borrower shall keep the�mprovements now existing or hereafter erected on the
<br /> Property insured agai�st loss by fue,hazards inc�uded within the term"extended c�verage,"and any
<br /> other hazards including,but not limited to, earthquakes and floads, for which Lender requires insurance.
<br /> This insurance shall�e maintained in the amounts(including deduetible levels}and for the p�riads that
<br /> Lender requires. VVhat Lender requir�s pursuant to the preceding sentences can chang�during the�erm af
<br /> the Loan. The insurance carrier praviding the insurance shall be chosen by Borro�ver su�ject to Lender's
<br /> right to disa.pprove Borrower's ehoice,�rhich right shall not be ex�rcised unreason.ably, Lender ma�r
<br /> require Borrower ta pay, in connection�ui�h this Loan, either: (a}a one-time charge for flood 2one
<br /> determinat�an,certification and tracking serv�ces;or�b}a one-time charge for flood zane d�t�rmination
<br /> and certificatian serv�ces and subsequent charge��ach�ime remappin s or similar cha�ges occur which
<br /> FHA❑eed of Trust With MERS-NE 91341Z414
<br /> Bankers SystemsTti+ VMP C+� VMP4N[NE3 t15Q6}A4
<br /> Walters Kluwer Financial 5ervices Page B o�17
<br /> q�3361294$55 4233 443 �51?
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