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201201562
<br /> Tl�e Funds shall bc held in an institution whose deposits aze insured by a federal agency, inslrumentality,or
<br /> entity(including Lender,if Lender is an institntion whose deposits are so insured)or in any Federal Home
<br /> Loan Sank. Lender shall apply the Funds to pay the Escrow items no later than the time specified under
<br /> RESPA.Lender shall not charge Borrower for holding and applying the Funds,annually analyzing the
<br /> escrow account,or verifying the Escrow Items,unless Leoder pays Borrower interest on the Funds and
<br /> Applicable Law pernnts Lender to make such a chazge.Unless an agreement is made in writing or
<br /> Applicable Law requires interest to be paid on the Funds,Lender shall not be required to pay Borrower any
<br /> interest or carnings on the Funds. Borrower and Lender can agree in writing,however,thai interest shall be
<br /> paid on tha Funds. Lender sl�all give ro Borrower,without chatge,an annual accounting of the Fuuds as
<br /> required by RESPA.
<br /> If there is a surplus of Funds held in escrow,as defined under ItESPA,Lender shall account to Borrower for
<br /> the excess funds in accordance with RESPA. If there is a shortagc of Funds held in escrow,as defined under
<br /> RESPA,Lendzr shall notify Borrower as required by RESPA,and Bonower shall pay to Lender the amount
<br /> necessary to make up the shortage in accardance w�th RESPA,but in no more than 12 monthly payments. If
<br /> there is a deficicncy of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as
<br /> requircd by RESPA,and Borrower shall pay to Lender the amount necessary to make up the deficiency in
<br /> accordancc with RESPA,but in no more than 12 monthly payments.
<br /> Upon payment in full of all sums secured by this Securiry Instrument,Lender shall promptly refund to
<br /> Borrower auy Funds held by Lender.
<br /> A. Charges; Liens. Borrower shall pay all taxes,assessments,chargcs, fincs,and impositlons attributable to
<br /> the Property tivhich can attaui priority over this Securiry Instrument,leasehold payments or b ound reirts on
<br /> the Property,if any,and Community Association Dues,Fees,and Assessments,if any. To the extent that
<br /> thcse items are Escro�i�Items,Borrower shall pay them in the manner provided in Section 3.
<br /> Borrower shall promptly discharge any lien which has prioriry over tbis Security Instrument unless
<br /> Borrower:(a)agrees in writing to the payment of tl�e obligation secured by the lien in a manner acceptable
<br /> to Lender,but only so]ong as Borrower is performing such agreement;(b)eontests tl�e lien in good faith by,
<br /> or defends against enforcement of the lien in,le�al proceulings which in Lender's opinion operate to prevent
<br /> fhc cnforcement of the lien while those proceedings are pending,but only until such proceedings are
<br /> concluded;or(c)secures from the holder of the lien an agrccment satisfacYOry to Lender subarduiating the
<br /> lien to this Security Instrument.Tf Lender determines that any part of thc Property is subject to a lien which
<br /> can attain priority over this Security Instrument,Lender may give Borrower a notice identifyiug the lien.
<br /> Within 10 days of the date on which that notice is given,Borrower shall satisfy thc lien or take oue ar more
<br /> 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 reporting
<br /> service used Uy Lender in connection with this Loan.
<br /> 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the
<br /> Property insured against loss by fire,hazards included within the term"extended coverage,"and any othec
<br /> hazarcLs including,but not limited to, earthquakes and floods,for which Lender requires insurance.This
<br /> insurance shall be maintained in the amounts(including deductible levels)and for the periods that Let�der
<br /> requires.What Lendee requires pursuant to the preceding sentences can change during the tenn of the Loan.
<br /> The insuruice cazrier providing the insurance shall be chosen by Borrower subject to Lender's right to
<br /> disapprove Bono�ver's choice,which right shafl not be exercised unreasonably.Lender may require
<br /> Bonower to pay, in connection with this Loan,either:(a)a one-time charge for flood zone determinadon,
<br /> certification and tracking services;or(b)a one-time charge for flood zone determination and certification
<br /> BB011433fi4 6607143364
<br /> NEBRASKA-Sfngle Family-Fannie Mae/Frecdie Mac UNIFORM INSTRUMENT INITH MFRS �r 3028 i!01
<br /> VMP�y VMP6A(NE)(1105)
<br /> 1Noltzrs Kluwer F��.nanclal Services Page 6 of 11
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