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201205253�
<br />Tbe Funds sha11 be held in an institution whose deposits are insured by a federal agency, instrumentality, or
<br />entity (including Lender, if Lender is an institution whose deposits aze so insured) or in any F�era1 Home
<br />Loan Bank. Lenc�er 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 accovnt, or verifying the Escrow Items, unless Lender pays Bonower interest on the Funds and
<br />Applicable Law germits Lender to make such a charge. Unless an agreement is made in writing or
<br />Applic�ble Law requires interest to be paid on the Funds, Lender sha11 not be requir� to pay Borrower any
<br />interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest sha11 be
<br />paid on the Funds. Lender sha11 give to Borrower, without charge, an annual aacounting of the Funds as
<br />required by RE5PA.
<br />If there is a surplus of Funds held in esctow, as defined under RESPA, Lender shall account to Bonower for
<br />the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under
<br />RESPA, Lender sha11 notify Borrower as required by RESPA, and Borrower sliall 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 deficiency af Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as
<br />required by RESPA, and Bonower shall pay to Lender the amount necessary 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 secured by t.�is Security Instrument, Lender sha11 promptly refimd to
<br />Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay a11 taxes, assessments, charges, fines, and impositions attributable to
<br />the Property wluch can attain priority over tlus Securiiy Instrument, leasehold payments or ground rents on
<br />the Property, if any, and Commtmity Association Dues, Fees, and Assessments, if any. To the elctent that
<br />these items are Escrow Items, Bonower sha11 pay them in the manner provided in Section 3.
<br />Bonower shall promptly discharge any lien wluch has priority over this Security Instrument unless
<br />Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable
<br />to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by,
<br />or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to preverrt
<br />the enforcement 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 agreement satis�actory to Lender subordinating the
<br />lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which
<br />can attain priority over this Security Instrum,ent, Lender may give Bonower a nofice identifying the lien.
<br />Within 10 days of the date on which that notice is given, Bortower sha11 satisfy the lien or take one or more
<br />of the acrions set forth above in this Section 4.
<br />Lender may require Bonower to pay a one-time charge for a real estate tax verification and/or reporting
<br />service used by 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 other
<br />hazards including, but not Iimited to, earthquakes and floods, for which Lender requires insurance. This
<br />insurance shall be ma.intained in the amounts (including deductible levels) and for the periods tbat Lender
<br />re�uires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan.
<br />The insurance carri� providing the insurance sha11 be chosen by Borrower subject to Lender' s right to
<br />disapprove Borrower' s choice, which right sha11 not be exercised unxeasonably. Lender may require
<br />Bonower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination,
<br />certification and tracking services; or (b) a one-time charge for flood zone determination and certification
<br />2200271646
<br />NEBRASKA-Single Family-Fann(e Mae/Freddte Mec UNIFORM INSTRUMEiVT WITH MERS
<br />VMP Q
<br />Woltera Kfuwer Ftnendel Servfces
<br />D VBANE
<br />Form 30'28 1/07
<br />VMPBAfNE) (1106)
<br />Pege 8 of 17
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