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<br />The Funds shall be held in an institution whosa deposits are insured by a fe�eral agency, instrumentality, or
<br />entity (including Lender, if Lender is an institution whose deposits are ao insure� or in any Federal Home
<br />Loan Bank. Lender shall apply tha Funds to pay the Escrow Items no later than the time specified under
<br />RESPA. L,ender shall not charge Borrower for holding and applying the Funds, annually analyzing the
<br />eserow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Fimds and
<br />Applicable Law permits Lender to make such a charge. Unless an agr�nt is made in writing or
<br />Applicable Law requires interest to be paid on the Funds, Lender shall not be reqttired to pay Borrower any
<br />interest or earnings on the Funds. Borrower and Lender can agre,e in writing, however, that interest shall he
<br />paid on the Funds. I,ender shall give to Borrower, without charge, an annual accounting of tha Funds as
<br />required by RESPA.
<br />If there is a suiplus of Funds held in escrow, as defined under RESPA, Lender shall account to Honower for
<br />the exce.s.s fimds in acxordance with RESPA. If there is a shortage of Funds held in escrow, as dafined under
<br />RESPA, Lender sha11 notify Borrower as required by RESPA, and Borrower sha11 pay to Lender the amount
<br />nec;essaay to make up the shortage in accordance with RESPA, but in no more than 12 montbly payments. If
<br />there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notifiy Borrower as
<br />required by RESPA, and Borrower shall pay to Lender the amount necessaYy to make up the deficiency in
<br />accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of a11 sums sect�red by tlus Security Instnnnent, Lender shall promptly refimd to
<br />Borrower any Funds held by Lender.
<br />4. Charges; I.Jens. Bonower shall pay all taxes, assessnnents, charges, fines, and impositions attributable w
<br />the Properiy which can attain priority over this Security Instnm►ent, leasehold payments or ground rents on
<br />the Property, if any, and Community 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 'm Section 3.
<br />Borrower sha11 promptly discharge any lien wlrich has priority over tlus Security Instrument unless
<br />Borrower: (a) agrees in writing to tha payment of the obligation se�ured by the liett in a manner acceptabla
<br />to Lender, but only so long as Boaower is gerforming such agreement; (b) contests the lien in good faith by,
<br />or defends against enforcement of the lien in, legal proceedings wluch in Lender's opinion operate to prevent
<br />the enforcement of the lien wlule those praceedings are pending, but only until such proceedings are
<br />concluded; or (c) sec�ues from the holder of the lien an agreement satisfactory to Lender subordinating the
<br />lien to this Se,curity Instrument. If Lender determines that any part of the Properiy is subject to a lien wluch
<br />can attain priority over tlus 3e,curity Instrument, Lender may give Borrower a notice identifying the lien.
<br />Within 10 days of the date on wlrich thal notice is given, Borrower shall satisfy the lien or take one or more
<br />of the actions set forth above in this Section 4.
<br />Lender may require Bortower to pay a one-tima charge for a real estate tax varification and/or reporting
<br />service used by Lender in connection with tlus Loan.
<br />5. Pnoperty Insurance. Borrower shaU keep the improvements now existing or hereafter erected on the
<br />Properiy insured against loss by fire, hazards included within tha term "extended coverage, �� and any other
<br />hazards including, but not limited to, earthquakes and floods, for wluch Lender requires insurance. This
<br />insurance shall be maintained in the amounts (including deductible levels) and for the periads that Lender
<br />requires. What Lender requires pursuant to tha preceding sentences c�n changa during the tarm of the Loan.
<br />The insurance carrier providing the insurance sha11 be chosen by Bonower subjeit to Lender's right to
<br />disapprove Bonower's choice, which right shall not be exercised unreasonably. Lender may require
<br />Borrower to pay, in connection with tlus Loan, either: (a) a one-time charge for flaod zone deteimination,
<br />certification and tracking aezvices; or (b) a one-time charga for flood zone determination and certification
<br />2200244242 D VBANE
<br />NEBRASKAShrele FemAy-FanMe Mae/Freddie Mac UNIFORM INSTRUMENT WRH MERS Form 30�8 1/01
<br />VMP (ql VMPBAINE) (1106)
<br />Wolmrs Kluwer Finandal Servtces Page 6 of 17
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