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a 20100910G Mortgagor or Grantor will pay those amaunts to Lender unless Lender tells Mortgagor ar Grantor, in writing, that Mortgagor or Grantor does not have to do so, or unless the law requires otherwise. Mortgagor or Grantor will rnake chose payments at the times required by Lend�r. Lender will estirnate from time to tim� Mortgagor or Grantor's yearly taxes, assessments, leasehold payments or ground rents and insurance premiums, which will be called the Escrow Items. Lender will use existing assessments and bills and reasonable estimates of future assessments and bills. The amounts that Martgagar ar Grantor pays to Lender for Escrow Items under this section will be called the Funds. I,ender will collect and hold Funds in an amount not to exceed the maximum amount a lender for a federally related mortgage loan may require for Mortgagor or Grantar's escrow account under the federal Real Estate Settlement Pracedures Act of 1974 (as amended), unless another law that applies to the Funds s�ts a lesser amount. If sa, T.ender will callect and hold Funds in the lesser amount. Lender will keep the Funds in a savings or banking institution which has its deposits or accounts insured or guaranteed by a federal or state agency. If Lender is such an institution, Lender may hold the Funds. Lender will use the Funds to pay the Escrow Items. Lender will give Mortgagor or Grantoc, without charge, an annual accounting of the Funds. That accounting must show all additians to and deductions from the Funds and ihe reasan for each deduction. Lender may not charge Mortgagor or Grantor for holding or keeping the Funds, for using the Funds to pay Escrow Items, for analyzing Mortgagor or Grantor's payments af Funds, or for receiving, verifying and totaling assessments and bills. However, Lender may charge Mortgagor or Grantor for these services if Lender pays Mortgagor or Grantor interest on the Funds and if che law permits l.ender to make such a charge. Lender may require Mortgagor or Grantar to pay a ane-time charge for an independenc real estate tax reporting service used by Lender in accardance with the Secured Debts, unless applicable law provides atherwise. Lender will not be required ta pay Martgagor or Grantor any inceresc or earnings on the F�nds unless either (i) I,ender and Martgagor ar Grantor agree in writing, ac the tirne Mortgagor or Grantor signed this Security Instrument, that Lender will pay interest on the Funds; or (ii) the law requires Lender to pay interest on the Funds. If the Funds h�ld by �,ender exceed the amounts permittad to be held by applicable law, L�nder will account to borrower foc the excess Funds in accordance with the requirements of applicable law. If the arnount of the funds held by Lender at any time is not sufficient to pay the Escrow Items when due, I,ender may notify borrower in writing, and, in such case, borrower will pay to Lender the amount necessary to make up the shortage or deficiency. Borrawer shall make up the shartage or de�ciency as L,ender directs, subject to the requirernents of applicable law. If, by reasop of any default under this Security Instrument, Lender declares all Secured Debts due and payable, I�ender may then apply any Funds against the Secured Debts. When Mortgagor or Grantor has paid all of the sums secured, I.ender will promptly refund to Mortgagor or Grantar any Funds that are then being held by Lender. Mort�ga Rider VMP 9nnkera syetemsrM Wolters Kluwe� Financial Sarvices � 2p09 U58-MTG-R 3/25/2010 Pape 2 of 3