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<br />200511777
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<br />required to pay Borrower any interest or earnings on the Funds, Borrower and Lender can
<br />agree in writing, however, that interest shall be paid on the Funds, Lender shall give to
<br />Borrower, without charge, an annual accounting of the Funds as required by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall
<br />account to Borrower for the excess funds in accordance with RESPA. If there is a shortage
<br />of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required
<br />by RESPA, and Borrower shall pay to Lender the amount necessary to make up the
<br />shortage in accordance with RESPA, but in no more than 12 monthly payments, Ifthere is a
<br />deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower
<br />as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up
<br />the deficiency in accordance with RESPA, but in no more than 12 monthly payments,
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall
<br />promptly refund to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and
<br />impositions attributable to the Property which can attain priority over this Security
<br />Instrument, leasehold payments or ground rents on the Property, if any, and Community
<br />Association Dues, Fees, and Assessments, if any, To the extent that these items are Escrow
<br />Items, Borrower shall pay them in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lien which has priority over this Security
<br />Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured
<br />by the lien in a manner acceptable to Lender, but only so long as Borrower is performing
<br />such agreement; (b) contests the lien in good faith by, or defends against enforcement of
<br />the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement
<br />of the lien while those proceedings are pending, but only until such proceedings are
<br />concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender
<br />subordinating the lien to this Security Instrument. If Lender determines that any part of the
<br />Property is subject to a lien which can attain priority over this Security Instrument, Lender
<br />may give Borrower a notice identifying the lien. Within 10 days of the date on which that
<br />notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth
<br />above in this Section 4,
<br />Lender may require Borrower to pay a one-time charge for a real estate tax verification
<br />and/or reporting service used by Lender in connection with this Loan.
<br />5. Property Insurance. Borrower shall keep the improvements now existing or hereafter
<br />erected on the Property insured against loss by fire, hazards included within the term
<br />"extended coverage," and any other hazards including, but not limited to, earthquakes and
<br />floods, for which Lender requires insurance. This insurance shall be maintained in the
<br />amounts (including deductible levels) and for the periods that Lender requires, What Lender
<br />requires pursuant to the preceding sentences can change during the term of the Loan, The
<br />insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's
<br />right to disapprove Borrower's choice, which right shall not be exercised unreasonably,
<br />Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time
<br />charge for flood zone determination, certification and tracking services; or (b) a one-time
<br />charge for flood zone determination and certification services and subsequent charges each
<br />time remappings or similar changes occur which reasonably might affect such determination
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<br />SNE06 Rev 10/03/00
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<br />Page 6 of 18
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<br />Initia'$:~
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<br />FORM 3028 1/01
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