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� ' ' � ' ` 2� 17�2341 � , any, has be�n re�aked, and I l�a�� been ad�ised of��e amou��t ileeded ta fully fund my escrvw accaunt. E. Funds t'or E�erow Items. I will pay to Lend�r or� the day payments ar� due under the I.oan Dv�uments as amended by th is Agree�nent, unti 1 the Lvan i s paid i n fu�1, a sum �the "Funds"} fo pr��ide for pa�ment of amou�lts d�e f�r: �a}taxes and assess�nents and oth�r items which can attai n priority o�er tlte Mortgage as a lien ar encumbrance on the Property; {b} leasehold payments ❑r ground rents on the Property, if any; �c} premiurn� for any and all insuran�e requ�red by Lender under the Loan Dacumen�s; �d} mortgage �nsurance pr�m�uYns, if aily, ar a�ly sums payable to L�nd�r in lieu of the payment �� mortgage insurance premiums in a�cardance with the Loan Do�uments; and �e} any cammunit}�association dues, fees, and assessmenYs that Lender requires�o be es�rawed.T�ese items ar� called"�scrow�tems." � shall pr�mptiy furnish ta Le�nder a�l no��c�s of amounts to be paid und�r this s�ction. I shall pa� I�ender the Funds for Escrow ��em5 ur�less Le��der wai�es rny obligation to p�y the Fun�s for an�ar all Escraw Items. Lender may wai�e rny obligation to p�y tv Ler�der Funds for any 4r all Escr�wv �tems at any tiYn�, Any such wai�er may only b� in vrrciting. In the e�ent of such waiver, I shail pay directly, when and where payable, the amounts du�for any Escrow Item�f�r whi�h�aym�n��f Funds has been�aived by Lender and, if L�nder requires, sha�l furnish to L�nder receipts e�idencing such payment��it��in such time period as �,ender ma� require. My nb�igation to make such p�.yments alid to provide receiptS Shal� fv�'all purposes be deemed to be a co��nant and agreement cqntained in the Loan Documents, as the phrase "cavenant and agreernent" is used in the Laan Dacurnents. If I am ob�igated to pay Escrow Items directly, pursuai�t to a wai�er, and i fail to pay �he arnount due for an Escrvw Item, Lender may exercise i�s r�ghts u��der the Laan Documents and this Agreement and pay such arnount and I shall then be ohligated to repay to Lender any such amount. Lender may re�oke the wai�rer as t� any or all Escraw ttems at any tim�by�notice gi�en in acc�rdance wtth the L��n I]ocuments,and, up�n such re�ocatron, I shall pay t� Lender a�l Fundss and in such amour�t�,that are then re�uired utlder this sec�ian. Lend�r may, at any ti m e, co 11eet an� hold Funds in an amo u nt �a) s u ffi cient #o �erm it Len�er to apply the Funds at the tim� specifie� ��nder the Real �sfate Settlement Proc�dures Act�"RES�A"}, and �b� not ta �xceed th� maxirn�m amou��t a lend�r can require under RESPA. Lender shall esti�nate the amouY�t ❑f Fuiids due on the basis of curr�nt data and reasonahle estimates of expenditur�s of futu�e Es�row Items or atherwise in accordance w'rth applicable law The Funds shall be he�d in an institution whose depasits are insuret� by a federal agency, instrumentality, or entity �illcluding Lender, if Lend�r is an institut�on whose deposits are so ��sured}or in any Federa� Hame L�a��Bank. Lender sha�I apply the Funds to pa�r the Escrow Items na Iater than the time specified under�ESPA. L�nder s1�a11 not charge me for ho�ding and appl�ing th� F�Ynds� ar�n��ally analy�ing the �s�rc�w accaunt, t�r Werifying the Escrt�� It�rns, unless Lender pays me interest an the Fui�ds and�ppli�able�aw perr�i�s Le��der to make such a�harge.Unless a�� agr�ement is made is1 writing �r app�icable law requires interest ta b� pai� on the Funds, Le�der shall n�t be required to pay me any interest or earr�i��gs an the Funds. Len�er and I �an agree in writing, hawe�er, that interest sha�l b� paid an th�Funds, Lender shal� prn�id� me,with�ut charge, an annua�ac�aunting of the Funds as required by RE�F�. 1f there is a surplus of Funds held in es�raw, as defined u�lder RESFA, Lender shall account tc� me for the excess Funds in accordanc� with RESPA. If there is a s}�ar�age of Funds lierd in escrovv, as defined under RESPA, Lender shal! notify me as required by RESPA, and I shall pay to Lender the amaunt necessary to make up the shortage in accordanc� with RESPA, but in no more than 12 V�'ells Farga Custoin FHA�tome Affordable Mod�fication Agreement I��m��l��m"��g��Nlf�II l 21 S2��6 445 7U$�'�FB �u �Il�a U il l �'age 5