201700180 - Laserfiche WebLink

Browse

2� 17�� 18� required by RESPA, and Borro�ver sha�� pay ta Lender�he amoun�necessary to make up the def�ciency in acc�rdan�e with RE�PA, bu� �n na more than I2 monthly payments. Upan paym�n� in ful� nf a�l sums s�cured b� this Securit� �nstrument, Lender sha�.�promp�ly refund t� Barro�er any Funds he�d�y Lender. 4. Cnarges; L�ens. Borrower sha��pay alI ta�es, ass�ssments, charg�s, �nes, and�m.pasitions a�tr�butab�e ta �h�Pr��r�cr�i�h ��.tt�ir�priority��er�hi� �e�ur�t��nstrumen�, leaseho�d payments or graund rents on �he Prapert�, if any, and Commun�ty Assoc�at�an I]ues, Fees, and Assessments, �f any. Ta�he�xtent that these it�ms are Es�ro� Items, B�rr�wer shal�pay th�m in the manner provided in S�cti�n 3. Borrnwer sha��prompt�y d�scharge any l�en which has pr��r�ty o�ver�hxs Se�ur�ty �nstrumr.ent unies� Borrower: �a} agre�s �n wr�t�ng fo the payment�f the ob��gatz�n secur�d by the Iien in a manner accep�ahle �o Lender, bu�an�y so iong as Borrower�s perforrning su�h agreement; �b} contests the lien in go�d faith by, or defen�.s aga�nst enf�rcement of the��en�n, �ega�proceedings which in Lender's opin�on operate�o pre�en� �he enf�rCement of the��en wh��those pra�eedings are pending, but flnly un�i� such proceed�ngs are conc�uded; or�c} s�cures fram�he holder of the l�en an agreemen�satisfactory�o L�nder sub�rdinating the �i�n�o th��Security�nstrument. If L�nder det�rm�n�s that any par�of the Proper�y is subject to a�i�n whi�h can a�tain priarity o�er this Securi�y Instrument, Lender may give Borrawer a no�ice id�n�ifying the�ien. Within ��days�f the date on which�ha�no��ce�s gz�en, Borrower shall satisfy the��en or take ane ar n�or� af the acti�ns set f�r�h abowe in�h�s Sec��an 4. L�nder m�ay requ�re Barrawer to pa� a on�-time charge for a r�a�es�a��ta�verif�cation andlor r�porting s�rwic�used by Lender in conn�ction with this Loan. 5. Property �nsurance. B�rrovver shal� ke�p�he im�provenlents now�xisting or hereafter�rected on�he Pr�per�y �nsured aga�ns��os�b�r �re, hazards included wi�hin the terrn "�xtended Caverage," and any oth�r hazards inc�u�.zng, but nat ��n��ted ta, earthquakes and �loods, for which Lender requ�res �nsurance. This �nsuranc�sha�� b�main�ained in the amaunts �including deductib�e levels} and for�he per�flds t�at Lender requires. V�hat Lender requires pursuan�t�the preced�ng sentences can c�ange during the��rm af the Loan, The�nsuranc�carrier praviding�he insurance shal�be ch�sen by Barro��er subject t� Lender's righ�tn disappr�ve B�rrov�+�er's ch�ice, wh�ch righ�sha�� not be exercise�i unreasonably. L�nder may re�uzre �arr�wer to pay, in cannect�an�z�h�h�s Loan, e�ther; �a} a�ne-time�harge f�r��od zon�d��er�m�nation, cer�i�icat�on and�rack�ng services; ar�b} a�ne-�im�charge for flood z�ne det�rm�.natian an�certifi�atian serv�ces and subsequent charg�s ea�h time r�mapp�ngs nr�im��ar change�occur whiGh reas�nably migh� affect such de�erm�nation or Gert�f�cation. Barr�w�r shall alsa be responsible far th�payment of any fees �mpased by the Fed�ra� �m�rgen�y N�anagem�n�Agenc�in connection vvi�h the review of any ��aod zone �iet�rmination resulting fronl an�b�ec�ian b� Barro�rer. �f Barrower fa��s to ma�n�ain ara.y of�he�o�erage� des�rxbed ab�v�, Len�er may�btain insurance cov�rag�, at Lender's opt�on an� Borrower's expense. Lender��under no��iga�iQn��pur�hase�ny par�i�ular type or amoun�of�ov�rage, Ther�f�re, such c��erage sha�l co��r Lender, but might or n�gh�not pro�ec� Borrawer, B�rr�wer's equ�ty in�he Proper��r, �r�he contents af the Proper�y, agains�any risk, hazard or�iabi��y and might pro�v�de greater ar lesser coverage than�as previously in eff��t. Borrower acknowledges that�he��st of�he insurance coWerage so o�tained might signi�icant�y e�ceed�he cost of�nsurance that Borrou�er cnu�d have obtained. Any am�unts disbursed by Lender under th�s S�ct�an 5 sha�t b�come addit�ana� debt of Barr�vver secured by �h�s Security �ns�rument. Thes�amounts sha�� bear interes�a�the N�te rate fr�m the date of disbursement and sha�� be payab�e, w��h such interes�, upon n�t��from L�nder to Barrower requesting payment. N�BRASKA-5ir�gfe Family-Fannie MaelFreddie Mac UNI��RM lNSTRUMENT Form 3�28 71D7 VMP� VMPFtNEy 4i 3n2j Wo�ters Kluwer Fina�cial 5er�ices Page fi of 17