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� 201009527 Funds due on the basis of current data and reasonable estimates of expenditures af future Escrow Items or otherwise in accordance with Applicable Law. The Funds sha11 bs held in an institution whose deposits are insured by a federal agency, instrumentality, or entity (including I,ender, if Lender is an institution whose deposits are so insured) or in any Federal Harne Loan Bank. Lender shall apply the Funds to pay the �scrow Items no later than the time specified under RESPA. Lender shall not chazge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Barrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or Applicable Law requires interest to be paid an the Funds, I.ender shall not be required to pay Borrower any interest or earnings on the Punds. Borrawer and Lender can agree in writing, howevex, 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 escraw, as defined under RESPA, Lender shall account to Borrower for the excess funds in accordancs with RESI'A. If there is a shortage of Funds held in escrovv, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrawer shall pay to Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of Funds held in escrow, as defned under RESPA, I.ender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments. Upon payrnent in full of all sums secuxed by this Security Instrurnent, Lender shall promptly refund to Borrower any Funds held by Lender. �. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the Property which can attain priority over this Security Instrurnent, leasehold payments or ground rents on the Property, if any, and Cammunity Association 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 Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to L,Qnder, but only so long as Barrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enfarcement of the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures frorn the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lend�r determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Barrower a nntice identifying the lien. Within 10 days of the date on which that notice is given, Barrower shall satisfy the lien or take one or rnore of the actions set forth above in this Section 4. Lender may require Borrower to pay a one-time charge far a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Praperty insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and �'.'.��$� -- Single Family -- Fauuie MrelPY�eddie Mac iINIFORM INSTRlJA1ENT Form 3028 1l01 GCC - G3028-06 (09/01) (Page 6 of l9) Initials: