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<br /> Any app$carion of payments, insurance proceeds, or Miscellaneous Froceeds to principal due under the Note
<br /> shall not ea-Send or postpone llie diae date, or change€he ainotmt, of the Periodic Payments.
<br /> 3. Tunds for�scrow Items. Borrower&hall p�y to Lendex on the day Periodic Payments are due ur�der fhe
<br /> Note, until the Note is paid in full, a smn(the"Funds")to pxovide for pa}nnent of amounts due for: (a)taxes
<br /> and assessments and other items which can attain priority over this Security Instr�unent as a lien or
<br /> encumbrance on the Properiy; (b) leasehold payments or gzound rents on the Property, if auy, (c)premiums
<br /> for any and all ins�qance requued by Lender under Section 5; and(d) Mort�age Lnsurance preiniums; if any,
<br /> or any gums payable by Borrower to Lender in lieu of tl�e payment of 1,Vlortgage Insurance premiums in
<br /> accordance v✓ith the provisions of Section 10. These items are called"Escrow items." At origiaation or at
<br /> any rime during the term of the Loan, Lender may require that Coxnmunity Associarion Dues, Fe�s, and
<br /> Assessmerns, if any, be escrowed by Borrower, and such dues, fecs and assessments shall be an Escrow
<br /> Item. Borrower shall promptly fitrnish to Lender all notices of amoimts to be paid under this Section.
<br /> Boirower shall pay Lender khe Eunds for Escrow Items imless Lender waives Borrowar's abligation to pay
<br /> the Fimds for any ox all Eserow Items. Lender may waive Borrower's ob}igation to pay to Lender rund�for
<br /> any or all Escrow Items at any time. Any such waiver may only be in writing. In the event of such wuver;
<br /> Bqrrower shall pay direcflq, when and whetc paqabl�, th0 amounts due for any Fscrow Items for which
<br /> payment of Funds has Ueen waived by Lender and if Lender requues, shall furnish to Lender receipts
<br /> evidencing such payment within such tune period as Lender may require. Borrower's obligation to make
<br /> such payments and to pxovide receipts ahall for all purposes be deetned to be a covenanf and ageernent
<br /> coxrtained in this Security Instruinent, as the phrase"covenant and agreemenY' is uscd in Section 9. If
<br /> Borcower is obligated to pay Eserow Items direcfly, piusuant to a waiver, and Borrower fails tp paq tlie
<br /> amount due for an Escrow Item, Lender may ex�cise its rights undex Section 9 and pay such amount and
<br /> Borrower sl�all then be obligated under Section 9 to repay to Lend�r any such asnount. Lendex may revoke
<br /> the w�ver as to anq or all Escrow Items at any fime by a notice given in accordance with Secfion 15 and,
<br /> upon.such revocation, Borrower shall pay to Lender all Punds, and in such amounts, that are then required
<br /> under this Seetion 3.
<br /> Lender may, at any time, collect a¢d hold Funds in an amount(a} safficient to permit Lender to apply the
<br /> Funds at the time speoified under RESPA, and(b)nof to exceed the ma�mum amount a leuder can xequue
<br /> under RESPA. Lender shall estimate ihe auiomrt of Funds due on the basis of current data and reasonahle
<br /> estimates of expenditures of fuhire Escro�Items or otherwise in accordance v✓ith Applicablc La��.
<br /> The Fwids shall be held 'm an insrituti�n�hose deposits are insured by a fzderal agency, instrmnentality, or
<br /> entity(inoluding Lender, if Lender is an insfitution whase deposits aze so insLVed)or in any Federal Home
<br /> Loan Bank. Lender shall apply the Funds tQ pay the Fscrow Items no later than the tvne specified under
<br /> RESPA. Lender shall not chazgc Borro�ver for holding and Applying thc Funds, annually analyzing flie
<br /> escrow account, or verifying the Escrow Items, unless Lcnder pays Borrower in[erest an the Funds and
<br /> Applicable Law permits Lender to make sucl�a charge. Unless an agreement is iroade in writing or
<br /> Applicable Law requires interest to be petid on Che Funds, I,ender shall not be reqirired to pay Borrower any
<br /> interest or eur'^gs on the Fwids. Borrower and Lender can agce in wxiting, however, that interest shall be
<br /> paid on the Funds. Lender stuuill gve t�Borrower, without chazge, an annua] accounting of the Fimds a,
<br /> required by RESPA
<br /> If thexe is a surplus of Fimds held in escrow, as defined under RESPA, Lender shall accouut To Borrower foF
<br /> the excess funds in accordance w7th RESPA. If there is a shortage of Funds held in escrow; as defined under
<br /> RESP A, Lender shall no4ify Borrower as required by ItESPA, and Bonower shall pay to Lender the amount
<br /> necessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If
<br /> there is a deficizncy of Funds held in escrow, as defined under RESPA; Lender shall notify Borrowcr as
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<br /> NFB�R4SKA-Sin9leFamity-Fannieldae'FredtlieSlac OMFORM INSTRUMENT Farm 3028 1;01
<br /> vM P o vm Ps(NE)(i�o s)
<br /> 'JJolters Klvwu Flnanclal Services Paqe 5 oi i]
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