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2010p8399 Funds due on the hasis of current data and reasonable estimates of expenditures of future Escrow Items ar otherwise in accordance with Applicable Law. The Funds shall he held in an institution whose deposits are insured by a federal agency, instrumentality, or entity (including Lender, if Lender is an institutian whose deposits are so insnred) or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified nnder RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in wridng or Applicable Law requires interest to be paid on the Funds, Lender shall not he required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds as required by RESPA. If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for the excess funds in accordance with T2ESPA. If there is a shortage of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary tn rnake up the shortage in accordance with RESPA, but in no more than 12 monthly payrnents. If there is a deficiency of Funds held in escrow, as defined ander RE5PA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay tn Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments. Upon payment in full of all sums secured by this Security Instrument, Lender shall prornptly refund to Borrower any Funds held by Lender. 4. Charges; Liena. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributa6le to the Property which can attain priority over this Security Instrument, leasehold payments vr gronnd rents on the Property, if any, and Community Assaciation Dues, Fees, and Assessments, if any. To the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3. Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Barrower: (a) agrees in writing to the payment of the ahligation secured by the lien in a manner acceptable ta L.ender, but only so long as Borrawer is performing such agreemenh, (b) contests the lien in good faith by, or defends against enforceraent of the lien in, legal proceedings which in Lender's opinion operate to prevent the enfarcernent of the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject ta a lien which can attain priority aver this Security Instrument, Lender may give Borrower a notice idenGfying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower ta pay a one-time charge for a real estate tax verification and/nr reporting service used by Lender in connection with this Loan. S. Property Insurance. Barrower shall keep the improvements now existing ar hereafter erected on the Property insured against loss by �re, hazards included within the term "extended coverage," and any other hazards inclnding, but not lirnited to, earthquakes and NE$RA$KA — Single Family -- Fwnia MuJFrddio Mae IINIFORM INSTRUMSN! Form 3028 i� 1 4CC - C33028-06 (09/Ol) (Page 6 af19) Initiala: J�