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` 2� 17� 1 �57 <br /> � <br /> � <br /> any, has been re►voked, and I ha�e been ad�ised of the amount needed to fully fund my escrow <br /> account. <br /> E. Funds for Escrow Items. I will pay �o Lender an the day payments are due under the Loan <br /> Dacuments as a.mended by this Agreement, until the Laan is paid in full, a sum �the "Funds"} ta <br /> proWide for payment of amounts due far: �a}taxes and assessments and other items which can attain <br /> priority o�er the Mortgage as a lien or encumbrance on the Property; �b) lea.sehold payments or <br /> ground rents on the Praperty, if any; �c} premiums for any and a�i insurance re9uired by Lender <br /> under the Loan Documents; �d} mortgage insurance premiums, if any, or any sums payable to <br /> Lender in lieu of the payment of mortgage insurance prerniums in accordance with the Laan <br /> Dacuments; and{e)any cammunity association dues, fees, and assessments that Lender requires to <br /> be escrowed.These items are called"Escrow Items." I shall promptly furnish to Lender all notices <br /> of amounts ta be paid under this section. I shall pay Lender the Funds f�r Escrow Items unless <br /> Lender wai�es my obligation to pay the Funds for any or all Escrow Items. Lender may wai�e my <br /> obligation to pay �o Lender Funds far any ar all Escrow Items at any time. Any such waY�er may <br /> anly be in writing. In the e�ent af such wai�er, � shal� pay directly, when and v�vhere payable, the <br /> amounts due fnr any Escrow�tems for which payment af Funds has been wai�ed by Lender and, if <br /> Lender requires, shalI furnish to Lender re�eipts e�idencing such payment within such time period <br /> as Lender may require. My obligation to make such payments and to pro�ide receipts shall far al� <br /> purposes be deemed ta be a co�enant and agreement contained in the Loan Documents, a.s the <br /> phrase"co�enant and agreement" is used in�he Loan Documents. �f I am obligated to pay Escrow <br /> ItemS diree�Iy, pursuant to a wai�er, and i fail to pay the amnunt due for an Escrow Item, Lender <br /> may exercise its rights under the Loan Documents and this Agreement and pay such amount and I <br /> shail then be obligated to repay to Lender a.ny such amount. Lender may re�ake the wai�er as to <br /> any or a�l Escrow Items at any time by a notice gi�en in accordance with the Loan Documents,and, <br /> upon such revocati�n, Y shall pay ta Lender�11 Funds, and in such amaunts,that are then reyuired <br /> under this sectian. - <br /> Lender may, at any time, collect and hold Funds in an amount {a} sufficient to permit Lender to <br /> apply the Funds at�he time sp�cified under the Real Estate Settlement Procedures Act�"RESPA"}, <br /> and �b} not to exceed the maximum amount a lender can require under RESPA. Lender shall <br /> estimate the amount of Funds due on the basis of Curr�nt data and reasonab�e es�imates of <br /> expenditures vf future Escrow Items or otherwise in accordance with applicable law. <br /> Th� Funds shall be held in an institu�ion whose deposits are insured by a federa� agency, <br /> instrumen�af ity, or entity �including Lender, if Lender is an institution whose C��pfl5ltS are so <br /> insured}or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrvw Items <br /> no later than the time specified under RESPA.Lender shall not charge me for halding and applying <br /> the Funds, annually analyzing the escrow account, or �erifying the Escrow Items, unless Lender <br /> pays me interest on the Funds and applicable Iaw permits Lender to make such a charge. Unless an <br /> agreement is made in wr�ting or applicable Iaw reyuires interest ta be paid an the Funds, Lender <br /> shall not be required to pay me any interest or earnings on the Funds. Lender and Y can agree in <br /> writing, howe�er,that interest shall be paid on the Funds.Lender shall pro�ide me,without charge, <br /> an annuai accoun�ing of the Funds as required by RESPA. <br /> � If there is a surp�us of Funds held in escrow, as def ned under RESPA,Lend�r shaIi account to me <br /> far the excess Funds in accordance with RESPA. If there is a shortage of Funds held in escraw, as <br /> defined under RESPA,Lender shall notify me as required by RESPA,and I shall pay to Lender the <br /> amount necessary to ma.�ce up the shortage in aceordance with RESPA, but in no more than 1� <br /> Wells Fargo Custom FHA Home Affordab�e Madification Agreernent �3�I������1������ <br /> 1215�OI6 445 �� <br /> Page 5 <br />