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2�12041��
<br />The Funds shal! be held in an �nstitutian whose deposits are insured by a federal agency, mstrumentality, or
<br />�tity (including Lender, if Lender is aua insttturion whase deposits are sa insured) or in any Faderal Home
<br />Loan Bank. Lender shall apply the Funds to pay the �ow Iterns no later than the time spe�ified under
<br />RESPA. Lender s�all not charge Borrawar for holding and applying the Funds, annually analyzing the
<br />escrow account, or verifying the Fscrow Items, unless I.ender pays Borrower inter�st on t6e Fands and
<br />Applica6le Law permits Lender to make such a charge. Unieas an agreement �s made in writing or
<br />Applicable Law requires interest to be paid on the Funds, Lr.nder shall not be r�uir�i to pay Borrower any
<br />interest or earnings on the Funds. Borirower and Lender can agr� in writing, however, that interest sh�ll be
<br />paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting of ttie Funds as
<br />required by RESPA.
<br />If there is a surplus of Funds held in e�row, as defined under RESPA, Len�er shall account to Boaower for
<br />the exces.s funds in accordance with RESPA If there is a shortage of Funds held in escsow, as define� under
<br />RESPA, Lender shall notify Borrower as requ�red by RESPA, and Borrower st�all pay to Lender the amount
<br />necessary to maice up the shortage in accordance with RESPA, but m no more tiian 12 monthly payments. If
<br />there is a defic�ency of Fnnds held in escrow, as defined under RESPA, Lender shail notify Bonowex as
<br />required by RESPA, and �rrower shall pay to Lender the amount ne�essary to make up the deficiency in
<br />acxordancz with RESPA, but m no more than 12 �nthly payments.
<br />Upon payment in full of ail sums secured by this Se�urity Inshvment, I.�der shall promptly refimd to
<br />Borrowex aay Funds held by I.ender.
<br />4. Clt�roges; Uens. Borrower shall pay all taxes, asaessa�►ts, cnarg�, fines, and impositions attributable to
<br />the Property wluch c�n attain priority over this Security Instcvment, leaaeehold payments or ground rents on
<br />the Praperty, if any, and Community Association Dues, Fees, and Assessments, if any. To the axtent Wat
<br />these itelns are F,sc�ow Items, Borrowear sball pay them m the manner providal in $e�tion 3.
<br />Borrow� shall promptly dischazge aoy lien w}uich has priority over this Security Instrument unless
<br />Bonower: (a) agrees in writing to the payment of ine oblig�arion secured by the liea in a manner acceptable
<br />to L.e�nder, but on[y � long as Bonower is performui$ sucb agreement; (b) cflntests the lien in good faith 8y
<br />or def�ds agawst enforceme,nt of the lie,n ia, ie�al pr�ings which in Lender` s opinion operate to prevent
<br />the enforce.�nent of the lien while mose proceedings are pending, but oniy until suc6 proce�dings are
<br />concluded; or (c) secure.s from me holder of ine Lien an agreement satisfactory to Lender subordinating the
<br />lien to this Security Inshvment If Lend� cietermm�es t�at any part of the Property is subject to a lien which
<br />c�n attain prioriry ovcr this Security Inshum�ut, Lender may give Borrower a notice identifying the lien.
<br />�Vithin 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more
<br />of tbe actions set forth above in this Sechon 4.
<br />Lender may require Borrower to pay a one-ti� charge for a reai estate tax verification and/or re�rting
<br />service used by Lender m connechon with this L.flaa.
<br />5. Property Ir�suranc� Borrower shall ke�p the improvements now ex�sting or heresfter er� on the
<br />Property insureai against loss by fire, ha�rds �nclucied within tne term "extended coverage," and any other
<br />ha�rds inciuding, but not Innited to, earthquak� and floods, for w}uch Lender requires �nsurance. This
<br />u�surrance s�all be maintained in the amounts (including deductible levels) and for the periods that Lender
<br />requires. What Lendea� reqnires pursuant to ttie preceding sentences can change duriag the term of the L,oan.
<br />The insurance camer providing the insurance shall be chosen by Borrower subject to Le.�dex` s right to
<br />disapprove Borrower`s choice, wlrich ri$ht shall not be exercised unreasonably. Lender may r�uire
<br />Borrowc� to pay, in conne,ction with t3us Loan, either: {a) a one-time charge for flood zone determination,
<br />certifi and t racking s� vi ce s; or ( a one-time charge for flood zone deternnnation anci csrtificat�on
<br />NEBRASKA-Single FamUy-Fenn�e 119ea/Freddle Mao UNIFORM INSTRUMEN7 WITH MBR6 O Porm 3038 1�
<br />Wdters Kluwer Finandal Serai� V ���s�8 of 7
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