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<br /> may require_ Borrowei°s obligation to makc such payments flnd tn provide receipts shall for all purposes
<br /> be dcemed to be a�oveuant and agreemeut contained iv this Securify Instrument,as the pluase"covenant
<br /> and agXecment"is used in SecGon 9. 11'Aorrower is obligated to pay Escrow [tems directly, pucsuant to
<br /> a waiver,and Aorrower fails to pay the amount duc fi�r an Escrow itum, Lender may exercise its rights
<br /> under Secrion 9 and pay sucl�amount and Borrower shall then be obligated wider Sec[ion 9 to repay w
<br /> L ender any such amount. Lender may revoke tlie waiver as to any or all Escrow Ttems xt any dme by a
<br /> notice given in accordance with Sectson 15 and,upon such revocntion,Borrowcr shall pay to Lender all
<br /> Funds, and in,uch amonnts, that are then required under this Section 3.
<br /> Lender may, at auy time, collect and ho(d Funds in xn amount(a)sufficicnt to permit Lender to apply
<br /> the Funds at thc time specificd under RESPA, and(b) not to excecd the m�imum amount a lender can
<br /> require under ItESPA. Lender shall estimate the amount of F'unds due on the basis of curreut data aaid
<br /> reasonable c�timates of expendihires of fuh�re Escrow Ltems or otherwise in accordauce with Appiicable
<br /> Law.
<br /> The Punds shall be hcid in an insatution whose deposits ate insured by a federal agency,uisUumenL•ility,
<br /> or entity(including Lender, iFLender is an instilution whose deposirs ace so insured) or in anyFederal
<br /> Home Loan Bank.Lendec shall apply the Funds to pay the�scrow Items no later than the dme specified
<br /> under RESPA.I,en�er shall not charge Borrower for holding and applying the Funds,anmially analyzfng
<br /> the escrow accoimt,or verif'ying the Escrow Items,unless Lender plys Borrower interest on thc Funds
<br /> and Applicable Law permits Lender to make such a charge. Unlcss an ag�ecment is made in writing or
<br /> Applicable Law reqoires iuterest to be paid on the Funds, Lender shal l not be required to pay Borrower
<br /> any interest or eaznings on the Funds. Borrower and Lender can agree in writing,however,that interest
<br /> shall be paid on the Funds. Lender shal I give to Borrower,without charge, an xnnual accowiting of the
<br /> F'unds as required by RESPA.
<br /> If tliere is a sutplus of Fuilds held in cscrow,as defined mider R F,SYA,Lender shnll account to Borrower
<br /> for the exccss funds in accordanca with RESPA.Ifthere is a shurtage ofFunds held in escrow,as defincd
<br /> under RESPA, Lendar sUall notify Borrower as cequired by RESPA,and Bocmwer shall pay to L ender
<br /> the amount uecessary to���ke up the shortage in acco�dance with RESPA,but ui uo more thau 12 monthly
<br /> payments. if there is a deflciency of Funde held in escrow,as defined under RF.:SPA,Lender shall notify
<br /> Sorrower as required by R�SPA, and Borrower sliall pay to Lender the amount necessary to make ttp
<br /> the deficiency in accordance with RESPA,but in no more than 12 monthly pa}anents.
<br /> Upon payment in full of all sums secured by this Security Insuvment,l,ender shall promptly refund to
<br /> Borrower any Fnnds held by I.ender.
<br /> 4.Charges; Liens.Borrower shall pay all taxes,assessmcnts,charges,fines,and impositions attributnble
<br /> to[he Properry which ean attain priority over this Securiry Instrumenf, leaschold payments or ground
<br /> rents ou thc Property, if any, and Connnunity Association Dttes,Fees, and Assessments, if any. To the
<br /> cxtent that thesc items aze Escrow Items,Borrower shall pay them in the manner provided in Section 3.
<br /> Borrower shall prompt�y �iscliarge any lien which has prioriry over this Security Listrument unless
<br /> Borrower:(a)agraes ai writing to the payment of the obligation secured by the licn in a manncr acceptable
<br /> to Letider,but only so long as Borrower is performing such agreement;(b)contests the lien in good Y'aith
<br /> by, or dcfends against enforcemeot of the lien in, Icgal proceedings which in Lender's opinion operate
<br /> 1fi0335338
<br /> 4EBRASKA-Single Famrly-Gannie Mae/Fratltlie Moc UMFORM INSTRUMENT Fortn 30281/01
<br /> VMP9 3 � OBI�O
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