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� ' 2� 17�2�33 . . ti i = � � shall then be obligated to repay to Lender any such amount, Lender may re�ake #he wai�er as to any or all Escrow�tems at any time b�a n�tice gi�en in accordance with the Loan Dacuments,and, upan such re►vvcation, I shall pay to Lender aII Funds, and in such a.mounts,that are then reyuxred under�his Sect�on 4,E. Lender may, af any rime, collect and hald Funds in an amnunt (a} suf�xeienf to permit Lender ta apply the Funds at�he time specified under the Rea!Estate Seitlement Procedures Act�"RESPA"}, and �b} not to exceed the maxrmum amaunf a �ender can require under RESPA. Lender sha11 �stimate the a.mount of Funds due on the basis of current data and reasonab�e estimates of expenditures nf future Escrow Ytems or�therwise in accordance wi�h applicable law. Th� Funds shal� be held in an �nstitu�ion whose deposits are insured by a federal agency, instrumentalxty, or en�iiy �including Lender, if Lender is an ins�itution whose d�posi�s are so insured}or in any F�dera�Home Laan Bank.Lender sha�l appiy the Funds tn pay the Escrow Items no la�er than the time specified under RESPA.Lender shall not charge me for holding and applying �he Funds, annually anaiyzing the escraw aec�unt, or �erifying the Escmw Items, unless Lender pays me interes�on the Funds and applicable law permits Lender to make such a charge.Unless an agreement is made in wri�ing ar applicable Iaw requires interest �n be paid on the Funds, Lender sha�l not be reyuired ta pay me any interest or earnings on the Funds. Lender and I can agre� in writing,howe►ver,that interest shall be paid on the Funds.Lender shall pro�ide me,withaut charge, an annual acc�unting af the Funds as required by RESPA. If there �s a surplus of Funds held in escrow,as defined under RESPA,Lender shall account�o me for the excess funds in accordance with RESPA. if�here is a shartage of Funds held in escrow, as defined under R.ESPA,Lender shall nofify me as reQuired by RESPA,and I shali pay ta Lender the amount necessary to make up �he shot�age in accordance with RESPA, bux in no more than 12 monthly payments. If there is a de�iciency of Funds heid in escraw, as de�ined under RESPA, Lender shall notify me as required by RESPA, a.nd z sha�� pay to Lender the amount necessary to make up the deficiency in accordance with RESPA,but in no mare than i 2 monfhly payments. Upon paymen�in full vf all sums secured by the Loan Documents,Lender shall promptly refund to me any Funds held by Lender. D. Yf the Borrowers balance has been reduced as a resuIt of this new Agreement, it is understood that any ccedit life,accident and health,arrd in►voluntary unemployment insurance vvriiten xn cannection with this loan has been cance�ied, and thaf any refund af unearned premiums or charges made because of the cancel�a�ion af such credif insurance is reflected in the amounf due under this Agreement.�xcept�on: In the state of California.,Life,A&H,and IL]I insurance mus�be cancelIed, with refunds applied to the account prior to entry of the settlemen�iYansaction,e►ven�hough there is no reduction in balance as part af the settlement. E. If this �oan has "Mflnthly Add��n Premium" �redif Life or �redit Accident & Heatth Insurance co�erage,it is understood and agreed tha#the Borrowers acceptance of this Agreement will resulf in the cancellation of the abo�e-men�ioned insurances. F. If the Borrower's hame owners insurance shau Id lapse,WeXls Fa rgo Home Mo rtgage res�rves the right to place Lender P�aced Insurance �LPI} on the aecount. If LPI is placed on the account the monthly payment could increase.A11 other terms of the modif caxian Agreement will nflt be affected by the LPY and wil�remain in effect with accordance ta this Agreement. G. Xf all or any part of the Property or any interest in the Property is so�d or iransferred�or if Borrower is not a natura�person and a beneficial interest in Borrower is sotd or tran.sferred)without Lender's Wctls Fargo Custom Non HAMP 1 I 1120Ib 3�8 �pg I�� Page S