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201200826
<br /> The Funds shall be held in an institution whose deposits are insured by a federai agency,instrumentality,or
<br /> entity(including Lender,if Lender is an institution whose deposits are so insured)or in any Federal Home
<br /> Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified under
<br /> RESPA Lender shall not cbarge Borrower for holding and applying the Funds, anmially analyzing the
<br /> escrow account,or verifying the Escrow Items,unless Lender pays Borrowcr interest on the Funds and
<br /> Applicable Law peimits Levder to make such a charge.Unless an agreement is made in writing or
<br /> Applicable Law requires interesc to be paid on the Funds,Lender shall not be raquired to pay Borrower any
<br /> interest or earnings on the Funds. Borrower and Lender can agree in writing,however,that interest shall be
<br /> paid on the Funds. Lender shall give to Borrower,without charge, a�i annual accounting of the Funds as
<br /> required by RESPA.
<br /> If there is a surplus of Funds held in escrow,as defined under RF_SPA,Lender shall account to Borrower for
<br /> die excess funds in accordance with RESPA.If there is a shortage of Fuuds held in escrow, as defined under
<br /> RESPA,Lcnder shall notify Borrower as required 6y RESPA,and Borrower shall pay to Lcndcr the aznount
<br /> necessary to make up the shortage in accordance with RESPA,but in no more than 12 monthly payments. If
<br /> tl�ere is a deficiency of Funds held in escrow,as detined under RESPA,Lender shal]notify Sorrower as
<br /> rcquired by RESPA, and Borrower shall pay to Lender the amount necessary to make up the def ciency in
<br /> accordance with RESPA,but in no more than 12 monthly paymcnts.
<br /> Upon payment in full of all sums secured by this Sccurity Instrument,Lender shall promptly refund to
<br /> Borrower any Funds held by Lender.
<br /> 4. Charges; Liens. Borrower shall pay aIl taxes,assessments,charges,fines,and imposiTions attributabla to
<br /> tlie Property which can attain priority over this Securiry Instrume��t, leasehold payments or grouud rents on
<br /> the Properry; if any,and Communiry Association Dues,Fees,and Assessments,if any. To the extent that
<br /> these items are Escrow Items,Borrower shall pay them in the manner provided in Section 3.
<br /> Borrower shall promptly discharge any lien which has priority over this Security Instrument unless
<br /> Borrower: (a)agrees in writing to the payment of the obligation secured by the]ien in a manner aceeptable
<br /> to Lender,but only so long as Borrower is performing such agreement;(b)contests the tien in good faith by,
<br /> or defends apainst enforcement of the lien in,iegal proceedings which in Lender's opinion operate to prevent
<br /> the enforcement of the lien while Yhose proceedings are pending, but only until such proceedings are
<br /> concluded;or(c)secures from the holder of the lien an aa eemeut satisfactory to Leuder subordinating the
<br /> lien to this Security Instrument If Lender determines that any part of the Properry is subject to a lien which
<br /> can attain pxiority over this Securin�Instrument,Lender may give Borrower a notice identifying the lien.
<br /> Witliin 10 days of the date on which that notice is given,Borrower shall satisfy the lien or take one or�nore
<br /> of the actions set farth above in this Sectiou 4.
<br /> Lender may require Borrower to pay a one-time charge far a real estate tax verification andior reporting
<br /> service used by Lender in connection with this Loan.
<br /> 5. Property Insurance. Borrower shafl keep the improvements now existing or hereafter zrected on the
<br /> Property insured against loss by fire,hazards included within the term"�tended coveraae,"and any other
<br /> hazards including,but not limited to, earthquakes and floods,for which Lender requires insurance.This
<br /> insurance shall be maintained in the amoun[s(including deductible levels)and for the periods that Lender
<br /> requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan.
<br /> The instu-ance carrier providing the ii�surance shall be chosen by Borrower subject to Lender's right to
<br /> disapprove Borrower's choice,which right shall not be�ercised unreasonably.Lender may require
<br /> Borrower to pay,in connection with this Loan,either_(a)a one-time chazge for$ood zone determination,
<br /> certification and tracking serviees; or(b)a one-time charge far flood zone determination and certification
<br /> 88D1742747 680��42747
<br /> NEBRASKA-Single Fa.��i1y-Fannie MaeiFreddie Mac UNIFORM INSTRUMENT WITH MERS Form 3028 1lD1
<br /> W olter�s Kluw er Financial Services V M P6 Pa9E�)fi 1�O S�
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