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<br />apply Yha Fuuds at the time specified under RESPA, and (b) not to exceed the maxtmum amount a lender can
<br />require under RESPA. L�ender shall estimate the amount of Funds due on 'the basis of current daxa and
<br />resso�aable estimates of expenditures of futnra Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be held in an insritution whose deposits are insvsed by a federal agency,
<br />instromentality, or en.tity (including Lender, if Lendez is au institution whose deposits �re so insured) or in
<br />any Federal I3ome Loan Bank. Lender shall apply the Funds to pay the Fscrow Items no la.ter thaa the time
<br />specified under RE�PA. Lender shall not chazge Boaower for holding and applymg the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless �.ender pays Borrower interest on the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or
<br />Applicable Law requires interest to be paid on the Funds, Lender shall not be required �o pay Bozrower any
<br />interest or earnings on the Funds. Borrower and Lender can agree in writang, however, that interest shall be
<br />paid on the Fnnds. I.ender sha.11 give to Borrower, without charge, aa annual accounting of the Funds as
<br />required by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under R$SPA, Lender shall account to
<br />Boirower for the excess funds in�accozdance with RESPA. If there is a shortage of Funds held in eserow, as
<br />defu�ed under RESPA, Leader sha11 notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to make up ttte shortage in accordance with RESPA, but in no more thaa 12
<br />monthly payments. If ther8 is a deficiency of Fun,ds held in escrow, as defined under RESPA, Lender shall
<br />notify� Bozrower as required by RESPA, and Borrower shall pay to Lender the amount necessary tq make up
<br />the deficiency in accordance with RESPA, but in no more than 12 montbly payments.
<br />tJpou payment in fiill of all sums secured by this Seciuity Insirument, Lender shall prompfly refimd
<br />to Borrower any Flmds held by, Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fin,es, and impositions
<br />attnbutable to the Properiy which can attai� priority over this Security Instrument, leasehold payments or
<br />groumd rents vn the Properiy, if any, &nd Community Association Dues, Fees, and Assessments, if any. To
<br />t�e extenrt that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />Borrower s1�all prom�tly discharge any lien which has priority over this Security Instrament unless
<br />Boirower. (a) agees in writing to the payment of the obligation secured by the lien in a manner acceptable to
<br />Lendez, but only so long as Borrower is peiforming such agreement; (b) contests the lien in good fa.ith by, or
<br />defends against enforcement o£ the lien in, legal proceedings which in Lender's opinion operate to prevent
<br />the enforcement of the lien while those paoceedings are pending, but only un.til such pzoceedings are
<br />concluded; or (c) secures firom the holder of the lien an ageament satisfactory to Lender subordinating the
<br />lien to this Security Instrament 7f Lender determines that any part of the Property is subject to a lien which
<br />caa a�tta3n priority over this SecuTity Instsument, Lender may give Borrower a not'tce identifying the lien.
<br />Within 10 days of the dace on which that notice is given, Borrower shall satisfy the lien or take one oz inore
<br />of the actions set forth above i� this Section 4.
<br />Lender ma� require Boaower to pay a one-time charge for a real estate tax verification and/or
<br />reporting service used by Lender in cannection with� this Loan.
<br />5. Propertq Ins�trance. $orrower shall keep the improvements now existing or hereafter erected on
<br />the Prvperiy insured against loss by fire, hazards included within the term "extended coverage," and any
<br />other hazards includiag, but not limi4ed to, earthqaalces and tloods, for which Leader req�ires insutance. This
<br />instaance shall be maintained in the amo'unts (iacluding deductible levels) and for the periods that Lender
<br />requires. What Lender req�,ires pursuant to the preceding sentences can change during the term of the Loaa.
<br />The insutrauce carrier providang the insurance shall be chosen by Boaower subject to Lender's right to
<br />disapprove Boaower's choice, which right shall not be exereised unreasonably. Lender ma.y require Borrower
<br />to pay, in connection with this Loan, either: (a) a one-time chazge for flood zone determination, certification
<br />an,d tracking services; or (b) a one-time charge for flood zone determination and certifica.tion services and
<br />NEBRASKA—Siagle Fam1y—Fanaie MadFred�e Mac U1�TIFO�tM INSTRUMENT
<br />� 338.8 Page 5 of 14 Form 30Z8 LOl
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