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201200798
<br /> Any applicati��n oY paymenCs, insurance proceeds, or Miscellaucous Yroceeds to principal due under Che Note
<br /> shx11 not extcnd or postpone the due date, or change che amount, of tlte Pexiodic Payments.
<br /> 3. P'nnds for Escruw Items. Borrower ehal] pay to Lendex on Che day Periodic Payments are duc under the
<br /> Nota, until thc Nofe is paid in fi�ll, a suin (the "Funds") to provide for payment of amounCs due Por: (a) taxes
<br /> and assesstnenCs and oCher items whicl�can attain priority over this Security Iiistrument as a lieil or
<br /> cncumbrance on Yhe Pro�aerty; (b) leasehold payments or grouud rents on thc Property, if any; (c) preiniums
<br /> for any and all insurance Tequired by Lei�dar under Sectiou 5; aiid (d) Morlgage Insuruica preniiums, iP any,
<br /> or any sums payable by Borrower to Lender in lieu of Che paymenf oP Mortgag'e Insurance premiums in
<br /> accorda¢ce wiEh the provisions of Section 10. These items arc called "�.acrow Items." At origination or at
<br /> any timc during the term oP the Loa�i, Lender may require that Conunuuity AssociaCion Dues, Pees, a�id
<br /> Assessments, if any, be escrowed by Borrower, and such dues, Pees and assessments ahall be an Bscrow
<br /> Itein. Borrowcr shall promptly furnisl�to Leuder a11 notices of amounts to be paid under [his SeeCion.
<br /> Borrower shall pay Lender tl�e Funds for Escrow IIems unless Lender waivcs Borrower's obligation Co pay
<br /> the Fua�ds fbr any or all Sscrow Items, I.ender may w�ive Borruwer's obligation to pay to Lender Funds for
<br /> any or nll Escrow Iten7s at any time, Any suah waiver may only be in wriYing. In the event of such waiver,
<br /> Borrower shall pay directly, when and whece payable, the amou�ts due for nny Escrow lfems for wliich
<br /> pnymenC oP Funds has baen waived by Lender and, if Lerrder requixes, shall Yurnish to Lender �eceipcs
<br /> cvidencing such payment within such time period as I,ender may require. Borrowei's�bligation to n�ake
<br /> such payments uid w pxovide reccipCS shall for all purposes Ue deemed Co be a covenuit and agreemenC
<br /> contained in this Security Instrument, as the plu�ase "coveiiant and agreement" is used in Section 9. If
<br /> Borrower is obligated Co pay Fserow Items directly, pursuanc to a waiver, and Borrower fails Co pay the
<br /> amouut due Por an Fscrow Item, Lender niay excrcise its righYS under Section 9 and pay such amount v�d
<br /> Rorrower shall then be oUligated undcr Seccion 9 to repny Co Lender any such amounY. L,ender mny revoke
<br /> the walver as to aziy or all Escrow Items at any Cime by ti notice given in aceordance with Secti�n 15 and,
<br /> upou such revoc�ltion, Boerower shall pay to Lender nll Funds, and in such amouuts, thnt are llien required
<br /> under thie Sec�ion 3.
<br /> Lendec may, at any timq collect and hold Punds in an amounC(a) suffieient Ca permit Lender to apply the
<br /> Funds at the time specified under RL�SPA, and(b)noC Co exceed the maxunum nmount a]cnder can require
<br /> under RESPA. Lender sUall estimate the amoimt of Funds due on the basis of current data and reasonable
<br /> estimates of expenditures of fufure Esc�row Items or otherwise in accordance wieli Appl3cable Lxw.
<br /> The Punds shall Ue held in an instituCion whose deposits are insured by a federal agency, instrumentality, or
<br /> e�rtity(including Lender, if Lender is an institution whose deposits are so iusuced) or in any Fedcral Home
<br /> Loan Bank. Lender shall apply Che Funds to puy the Escrow Items no latei tliai�the time specified under
<br /> RF±SPA, LendZr sl�all not charge Bor�ower Por holdi�ig and applyiiig the Fuuds, annualfy analyzing the
<br /> escrow aqeoimt, or verifyiiig Ghe P,scrow items, unless Lander pays Borrower interest on the Pua�ds and
<br /> Appllcable Law permiCs Lender to make sueli tt charge. Unlcss an agraement is made ii1 writing or
<br /> Applicablc Law requires inYerest to Ue paid oii thc Funds, Lender shall not Ue required to pay Borrower any
<br /> inCeresC or earnings on tl�e Punds. Borrower and I.ender can agrea in writing, howcver, that inCerest shall be
<br /> paid on ehe Puuds. Lender shall give to Borrower, without ch�rge, an annaal accounting of the Punds as
<br /> required by ItESPA.
<br /> If there is a surplus of Funds held in escrow, as de���ed under RESPt1, Lendcr shall account to Borrower for
<br /> tlie excess funds in accordance wiCh RE$PA. If there is a sl�ortage oP Nunds held in escrow, as defincd uuder
<br /> RESPA, Lender shall no[iFy Borrower as required by RESPA, and Bnrrower sl��ill pay to Lender che amou��t
<br /> nccessary to make up Che shortnge 'rn accordance wiCh HESPA, but in no more than 12 monthly paymenCS. If
<br /> there ie a defieiency of Funds held in escrow, as defined under RESPA, Lcndcr shall noCify Borrower as
<br /> 20.00015ft
<br /> NEBFASKA-Single Femily-Fannle Mm/FrcAdic Mac UNIfORM INSTRUMENT Form 3028 1lOt
<br /> uMp n VMP6WEI(1105�
<br /> Wolters Kluwer Financlal Serviws P�9°�°��� �
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