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201200975
<br /> instrumentality, or entity(including Lender, if Lender is an institution whose deposits are so insured) or in
<br /> any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the
<br /> time specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds,
<br /> annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower
<br /> interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement
<br /> is made in writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be
<br /> required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can agree in
<br /> writing, however, that interest shall be paid on the Funds. Lender shall give to 8orrower, without charge,
<br /> an annual accounting of the Funds as required 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 funds in accordance with RESPA. If there is a shortage of Funds held in escrow,
<br /> as defined under RESPA, Lender shall notify Borrower as required 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
<br /> 12 monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender
<br /> shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to
<br /> make 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
<br /> refund to Borrower any Funds held by Lender.
<br /> 4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br /> attributable 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.
<br /> To the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in
<br /> 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 lien in a manner
<br /> acceptable to Lender, but only so long as Borrower is perForming such agreement; (b) contests the lien in
<br /> good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion
<br /> operate to prevent the enforcement of the lien while those proceedings are pending, but only until such
<br /> proceedings are concluded; or(c)secures from the holder of the lien an agreement satisfactory to Lender
<br /> subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is
<br /> subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice
<br /> identifying the lien. W ithin 10 days of the date on which that notice is given, Borrower shall satisfy the lien
<br /> or take one or more of the actions set forth above in this Section 4.
<br /> Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or
<br /> reporting service used by Lender in connection with this Loan.
<br /> 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter
<br /> erected on the Property insured against loss by fire, hazards included within the term "extended
<br /> coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender
<br /> requires insurance. This insurance shall be mai�tained in the amounts (including deductible levels) and
<br /> for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can
<br /> change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by
<br /> Borrower su6ject to Lender's right to disapprove Borrower's choice, which right shall not be exercised
<br /> unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a)a one-time
<br /> charge for flood zone determination, certification and tracking services; or(b)a one-time charge for flood
<br /> zone determination and certification services and subsequent charges each time remappings or similar
<br /> changes occur which reasonably might afFect such determination or certifcation. Borrower shall also be
<br /> responsible for the payment of any fees imposed by the Federal Emergency Management Agency in
<br /> connection with the review of any flood zone determination resulting from an objection by Borrower.
<br /> If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance
<br /> II II II II II I I III I I I I I I I II II II II II I II I �I
<br /> * 3 O O O . 'I 7 S S 9 6 * • M c M o o T
<br /> NEBRASKA--Single Family-Fannfe Mae/Fretltlie Mac UNIFORM INSTRUMENT Form 3028 7/01 (page 5 of 94pages) �
<br /> FlnaleDOCUmentServlces� 302702/O6
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