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201200890
<br /> Any applicarion of payinznts, insurance proceeds, or Miscell�eovs Proceeds to grincipal due under the Note
<br /> shall not�tend or postpone the due date, or change the aspount, of ffie Periodic Payments.
<br /> 3. Fnnds for Escrow Items. Borrower shall pay to Lender on the&1y Periodic Payments are due under the
<br /> Note, until the Note is yaid in full, a sum(the"Fmids")to provide for pavment of amounts due for: (a) ta�ces
<br /> and assessments and other items which can attain priority over this Security Instruuient as a lien or
<br /> encumbrance on the Property; (b)leasehold payments oi ground rents on the Property, 3f any; (e)preiniiuns
<br /> for any and all insurance required by Lender under Section 5; and(d)Mortgage insurance premiums, if any,
<br /> or any sucas payable by Bonower to Lender in lieu of the payinent of Martgage Instsance premiums in
<br /> accordance Rith the provisions of Section 10. These iteins aze called "�scrow Items." At origination or at
<br /> any time dLU-ing the term of the Loan, Lender may requixe that Community Association Dues, Fees, an�
<br /> Assessments, if any, ba escrowed by I;oxrower; and such dues, fees and assessments shall be an Escro�v
<br /> Item. Borrower shall proinptly fumish to Lender all norices of amounts to Ue paid under this Scction.
<br /> Borrow•zr shall pay Lender the Funds for Escrow Iteni,unless I ender w�uves Borrower's obligation to pay
<br /> 1he Funds for any or all Escrow Items. Lender may waice Borrow•er's obligation to pay to Lender FLUids for
<br /> any or all Escrow Items at any time. Any such waiver may only�be in writing. In the evcnt of such waiver,
<br /> Borrower shall pay directly, when and where payable, the amounts due for any Escrow It�ms for which
<br /> paymznt of Funds has been waived Uy Lender and, if Lender requires, shall fumish to Lender receipts
<br /> evidencing such payment within such tune period as Lender may reqirire. Borrower's obligation to make
<br /> such payments and to pro��ide receipts shall for all ptuposes be deemed to oe a covenant and agreement
<br /> contained in this Security Insmunent, as the phrase"covenant and agreement" is used in Section 9. If
<br /> $offower is obl�gated to pay Escrow Iteins directly; pureuant to a waiver, a.nd Bor�o��er fiils to pay the
<br /> amount hue for an L.scrow Item, Lender may exercise its rights under Secrion 9 and pay such amounk and
<br /> Borrowcr shall then be obligated nnder Sc;ction 9 to repay to Lender any such amount. Lender may revoke
<br /> the waiver as to any or all Escrow Items at any time by a notice given in accordance with Sec[ion I S and,
<br /> upon such revoca[ion, Borrower shall pay to Lender all Funds, and in such amom�ts, that are then requircd
<br /> under this Section 3.
<br /> Lender may, at any tuue, collect and hold Funds in�n amount(a) sufficient to permit Lender to apply the
<br /> Funds at the T�me specified under RESPA, and(h)not Yo exceed the maxunur�apipunt a lender can require
<br /> under RESPA Lender shall esrimate the amount of Funcls due on the baSis of current data aud reasonable
<br /> estunates of expenditures of future L.sixow ltems or otherwise in accordance unth Applicable La�v.
<br /> The Funds shall be held in an institurion whose deposits aze insured by a federal agency, instrumenYality, or
<br /> entity(including Lender, if Lender is an.institution whose deposits are so instued) ar in any Fedcral Home
<br /> Loan Bauk. Lender skall apply the Funds to pa}�the Escrow Items no lat�than the time specified under
<br /> RF,ST'A. T.ender shall not charge Borrow�for holding and applying the Funds, atmually analyzing The �
<br /> escro�r account, or verify�ng the Escrow Items, unless Lender pays Borrower interest on the Funds and
<br /> Applicable Law pemuts Lender to makc such a charge. Unless an agreement is made in writing or
<br /> Applicable Law requires interest to be paid on rhe Funds, Lender shall not 6e required to pay Borrower any
<br /> interest ar earnings on the Funds. Borrower and Lender can a�ee in writing, however, that interest sball be
<br /> paid on the Funds. Lender shall give to Borrower, without chazge, an anuua.l accounting of the Pimds as
<br /> required by RESPA.
<br /> If there is a sucplus of Fimds held in escrow, as defined under RESPA, Lender shall account to Borrower for
<br /> the cxcess funds in accordance with RESPA If there is a shortage of Punds held in escrow, as defined under
<br /> RESPA, Lender shall notify Bouower as required by RESPA, and Boxrowex shall pay to Lender the amounY
<br /> nccessary to make up the shortage in aecordauce with RESPA, but in no more than 12 monthly payments. lf
<br /> there is a deficiency of Funds held in escrov�, as defined uudcr RESPA, Lender shall notify Borrower as
<br /> 24300190
<br /> NEBRASICA-Single Famity-Fannie biae'Freddie Mac IINIFORb1 INSTRUM ENT Porm 3028 tl01
<br /> ���P� Vhi P6(Nf)(1'I O S)
<br /> Woltets YJcwer Pinancial Services Pays 5 of 1]
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