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<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accordance with the provisions of Se�tion 10. These items are c�lle� "Eserow
<br />Items." At origination or at any time during the term of the Loan, I.ender may re�uire that Conmmmity
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Bonower, and such dues, fees �d
<br />assessments shall be an Escrow Item. Borrowar shall promptly furnish to Lender a11 notices of amounts to
<br />be paid under this Section Bonower sha11 pay Lender the Funds for Escrow Items unless Lender waives
<br />Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrowei's
<br />obligation to pay to Lender Funds for any or a11 Escrow Items at any time �y � w��� �y oniy �
<br />in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amownLs
<br />due for any Escrow Items for which payment of Funds has been waivefl by Lender and, if Lender requires,
<br />shall furnish to I,ender receipts evidencing such payment within such time period as L,ender may require.
<br />Borrower' s obligation to make such payments and to provide r�eipts sball for all puiposes be dcem� to
<br />be a covenanx and agreement containefl in this Security Inshrument, as the phrase "coven�t and agreennent"
<br />is used in Se�tion 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an F.scrow Item, Lender may exercise its rights uader Se�tion 9
<br />and pay such amount and Bonower shall then be obligated under Section 9 to repay to Lender any such
<br />amount. Lender may revoke the waiver as to any or a11 Escrow Items at any time by a notice given in
<br />accordance with Section 15 and, upan such rev�rion, Borrower shall pay to Lender all Funds, and in
<br />such amoimts, that are then required undec this Section 3.
<br />I.ender may, at any time, coll�t and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the time spe�ified under RESPA, and (b) not to e�cceeci the maximum amount a lender can
<br />r�re under RESPA. I,ender shall e,4timate the aznount of Funds due on the basis of current data and
<br />reasonable egtimates of expenditures of future Escrow Items or othervvise in accordance with Applic�ble
<br />I.aw.
<br />The Funds shall be held in an institution whose degosits aze insured by a federal agency,
<br />instramentality, or entity (including Lender, if Lender is an institution whose deposits are so insurefl) or in
<br />any Federal Home Loan Bank Lender shall apply the Funds to pay the Escrow Items no later than the time
<br />sp�fied under RESPA Lender shall not chazge Borrower for holding and applying the Fuads, atmually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower inter�st on the
<br />Funds and Applicable Law pezmits Lender to make such a cl�arge. Unless an agreement is made in writing
<br />or Applicable Law re�uires interest to be paid on the Funds, Lender shall not be required to pay Honower
<br />any interest or earnings on the Funds. Borrower and Lender can agre� in writing, however, that interest
<br />sha11 be paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the
<br />Funds as requirefl 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 fimds in accordance with RESPA, If there is a shortage of Funds held in escrow,
<br />as defined under RESPA, Lender shall notify Horrower as requirefl by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payments. If there is a deficimcy of Funds held in escrow, as defined under RESPA, Lender shall
<br />natify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to m�lce
<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 promptly 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 Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Bonower shall pay them in the manner provided in Se�tion 3.
<br />2200209563 n v61�
<br />NEBRASKA - Single Family - Fannle Mae/Freddla Mac UNIFORM INSTRUMENT WIT ERS
<br />�-6A(N� loatol Pege 6 of 15 i,,;�� � Form 3028 1/07
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