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2� 1 ��8211 . � . . any, has been re�oked, and I ha�e been ad�ised af the amount needed to fully fund my escrow account. E. Funds for Escrnw Items. I wil� pay �o Lender on the da� payments are due under the Loan Documents as amended by this Agreement, until the Loan is paid in fu�l, a sum �the "Funds"} ta pro�ide for payment of amounts due for: (a}taxes and assessments and other items whxch can aitain priority over fhe Mortgage as a Iien or encumbrance on the Property; �b} �easehold payments or ground rents on the Property, �f any; �c} prern�ums for any and all insurance reyuired by Lender under the Loan Documenf5; �d} mortgage insurance premiums, if any, or any sums payabl� to Lender in lieu of the payment of mortgage insurance premiums in accordanee with the Loan Documents; and�e}any community association dues, fees, and a.ssessments that Lender requir�s to be escrowed.These items are called"Escrow I�ems." I sha�i promptly furnish to Lender all notices of amounts to be paid under this secrion. I shall pay Lender the Funds for Escrow �tems unless Lender wa��es rny�bliga�ion ta pay the Funds for any or a1I Escraw Items. Lend�r may wai�e my obl igat�on to pay to Lender Funds for any or all Escrow Items at any time. Any such wai��r may only be in writing. In �he e�ent of such waiver, I shall pay direct�y, when and where payable, the amounts due for any Escrow I�ems for which payment of Funds has be�n wai�ed by Lender and, if Lender requ�res, shall furnish to Lender receipts e�idencing such payment within such time period as Lender may require. My obligatian to make such payments and ta pro�ide receipts shall for all purpases be deemed ta be a co�enan� and agreement contained in the Loan Documents, as the phrase"co�enant and agreement" is used in the Loan Documents. �f I am ohligated ta pay Escrow Ifems directly, pursuant to a wai�er, and i fail to pay the amount due for an Escrow Item, Lender may exercise its rights under the Loan Documents and this Agreement and pay such amount and I shall then be obl igated to repay ta Lender any such amount. Lender may re�oke the wai�er as to any or�11 Escrow Items a�any time by a notice g��en in accordance with the Loan Documents,and, upon such revocation, I shall pay to Lender alj Funds, and in such amaunts,that are�hen required under this section. Lender may, at any time, collect and hold Funds in an amount �a} sufficient to permit Lender �o apply the Funds at the�ime speeified under the Real Estate Sett�ement Procedures Act�"RESPA"}, and �b} not to exceed the maximum amount a tender can reyuire under RESPA. Lender shall es�imate the amaunt af Funds due on the basis of current data and reasonable estimates of expenditures of future Escrow Items nr otherwise in accordance with applicable law. The Funds shall be held in an institution whose deposits are insured by a federal agency, ins�rumentali�y, or en�ity �including Lender, if Lender is an insti�ufion whose deposits are so insured}or in any Federal Home Loan Bank.Lender shal� apply the Funds ta pay the Es�row�tems no later than the time specified under RESPA. Lender shall nnt charge me for ho�ding and applying the Funds, annually analyzing the �scrow account, or verifying the Escrow �tems, un�ess Lender pays me interesf on the Funds and applicable law permitis Lender ta rnake such a charge.Unless an agreement is made in wr�iting or applicable la�v reyuires inferest to be paid on the Funds, Lender sha�l not be required to pay me any in�erest or earnings on the Funds. Lender and I can agree in writing, howe�er, that interest sha[1 be paid on the Funds.Lender shall pro�ide me,wi�hout charge, an annual accounting of the Funds as required by RESPA. If there is a surplus of Funds held in escrow, as defined under RESFA,L�nder shall acc�unt to me for the excess Funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA,Lender shall notify me as required by RESPA,and I shall pay to Lender the amount necessary to make up the shor�age in accordance wi�h RESPA, but Yn no more than 12 Weils Fargo Custom FHA Home Affordable Moditication Agreement 936 E�WII�� I� 08ZS2015 44S Page 5