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<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurancx premiums in accordance with the provisions of Section 10. These items are c�11ed "Escrow
<br />Items." At origination or at any time during the term of the Loan, Lender may require that Conmmnnity
<br />Association Dues, F�s, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />asse.ssments shall be an Esc;row Item. Boffower shall promptly furnish to Lender all notices of amoimt4 to
<br />be paid under this Section. Bonower shall pay Lender the Funds for Escrow Items unless Lender waives
<br />Boaower' s obligation to pay the Funds for any or all Fscrow Items. Lender may waive Borrowec�' s
<br />obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be
<br />in writing. In the event of such waiver, Borrower sha11 pay directly, when and where payable, the amounts
<br />due for any Escrow Items for which payment of Funds has been waive� by Lender and, if Lender requires,
<br />shall fumish to Lender aeceipts evidencing such payment within such time periad as Lender may require.
<br />Bonower' s obligation to make such payments and to provide receipts shall for all purposes be d�mefl to
<br />be a covenant and agreement containe� in this Security Instrument, as the phrase "covenant ancl agre.ement"
<br />is used in Se�tion 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Boaower fails to pay the amount due far an Escrow Item, Lender may exercise its rights under Section 9
<br />and pay such amount and Bonower shall then be obligated under Section 9 to r�ay to Lender any such
<br />amounto Lender may revoke the waiver as to any ar a11 Escrow Itexns at any time by a notice given in
<br />accordance with Section 15 and, upero such ravocation, Bonower sUall pay to Lendar all Funds, and in
<br />such amounts, that aze then required under this Section 3.
<br />I,ender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the time spe�ifie� under RESPA, and (b) not to exce�d the maximum amount a lender can
<br />require under RESPA Lender shall estimate the amount of Funds due on the basis of cun�t data and
<br />reasonable estimates of expenditures of future F,scrow Items or otherwise in accordance with Applic�ble
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />instrinnentality, or entity (including Lender, if Lender is an institution whose depasits are so insurec� or in
<br />any Federal Home Loan Bank. Lender shall apply tha Funds to pay the Escrow Items no later than the time
<br />specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the
<br />Fimds and Applicable Law permits Lender to make such a cbarge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, Lender shall not be requir�l to pay Boaower
<br />any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. Lender shall give to Borrower, without charge, an annual accouating of the
<br />Funds as re�uirerl by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
<br />Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in e.scrow,
<br />as defined under RESPA, Lender shall notify Bonower as re�uired by RESPA, and Borrower shall pay to
<br />Lender the amount ne�essary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RESPA, and Bonower shall pay to Lender the amount necessary to make
<br />up 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 prompfly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attn'butable to the Property which can attain priority over this Sec�irity Instrument, leasehold payments or
<br />ground rents on the Properiy, if any, and Community Association Dues, F�s, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Borrower shall pay them in the manner provid�i in Section 3.
<br />2200195142 D V6ANE
<br />NEBRASKA - Single Family - Fannie Mae/Freddle Mac UNIFORM INSTRUM�IT WITH MERS
<br />�-6A(NE� lae�o) Paea s or � s �„� Form 3028 1/01
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