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201206260 3. Funds for Escrow Items. Bonower shall pay to Lender on Ehe day Periodic Payments are due under the Note,vntil tite Note is paid in full, a suzn(the "Funds") to provide for payment of amounts due for: (a}ta�ces and assessments and other items which can a#tain pzzority over this Security Insmxment as a lien or encumbrance on the Properry; (b)leasehold payments os gxound zents on the Property, if any; {c)premiums for azry and a1F insurance required by Lender uader Section S; and (d)Mortgage Insurance premiums, if any, or any sums payahle by Sorrower to Lender in tieu of the payment of Mortgae Insurance premiums in accordance with the provisions of Section 10.These items aze called "Fscrow Items." At origination or at any time during the term of the Loan, Lender may require that Community Association Dnes, Faes, and Assessments, if any, be escirowed by Borrower, and such dues,fees and assessments shaEl be an Escrow Ttem. Borrower shall promptly fiunish to Lender ail noflces of amounts to be paid under fhis Seciion. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Bosower's obligation to gay the Funds for any or all Escrow Items. Lendes may waive Sosower's obligarion to pay to Lender Funds for any or all Bscrow T2ems at any time. Any such waiver may only be in writing. In the eveni of such waiver,Borrower shall pay directty,when and where payable,the amounts due for any Fscrow Items for wluch payment of Funds has been waived by Lender and, if Lemder requires, shall furnish to Lender receipts evidencing such payment withm such time period as Lender may require. Boffower's obligarion to make such payments and to provide receigts shall for alI purposes be deemed to be a covenant and ageement contained in this Security Instrument, as the phrase "covenant aad agreement" is used in Section 9. If Boirower is obliaated to pay Escrow Items d"uectiy, pursuant to a waiver, and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights �mder Section 9 and pay such amounF and Borrower shall then be obligated under Section 9 4o repay to Lender any snch amount Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section IS and, upon such revocation, Borrower shail pay to Lender alI Flinds,and in such amounts,that aze then requ'sed under this Secrion 3. Lender may,at any time,collect and hold Funds in an ataount(a)sufficient to permit Lender to apply the Punds at the time specified under RESPA,and(b)not to exceed the maximum amount a lender can requ'ue under RESPA. Lender shall estimate the amount of Fuads dne on the basis of current data and reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable Law. The Funds shall be held in an institurion whose deposits aze insured by a federal agency, instnn�entality, or entity(includ'mg Lender, if Lender is an institution whose deposits aze so ins�sed) or in any Federnl Home Loan Bank. Lender shall appiy the T�Lnds to pay the Escrow Items no Iater than the time specified under RESPA. Lender shall not cfiarge Boaawer for holding and applymg the Funds, anuaatly analyzing the escraw accouat, or verifymg the Escrow Items,unless Lender pays Borrower interest o¢the Funds and Applicable Law peimits Lender to make such a charge.Unless an agreement is made in writing or App&cable Law requires interest to be paid on the Funds, Lender shall not be required to pay Barrower any interest or eaznings on the Funds. Bosower and Lender can agree in writing, however, that interest shall be paid on the Funds. Lender shali give to Borrower, without chazge, an annual accounting of the Funds as required by RESPA. If there is a surplus of Funds held in escrow,as defined under TiESPA,Lender shall account to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the si�ortage in acwrdance with RESPA,but in mo more than 12 monthly payments. If there is a deficiency ofFunds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender tlie amount necessary to make up the deficiency in accordance with RESPA,bui in no more than 12 monthly payments. Upon payzaent in full of all sums secured by this Security Instrument, Lender shall promptly refund to Borrower any Funds held by I,ender. 4. Charges;Liens. Borrower sball gay all taxes, assessments, chazges,fines,and mmposirions atm'bufable to the Properry wfiich can attain priority over tfiis Security Instrument, leasehold payments or gro�md renis on the Psoperty, if any, and Community Association Dues, Fees,and Assessments, if any. To the extent that these items aze Escrow Ttems,Borrower shall pay them in the manner provided in Section 3. Borrower shall promptly discLazge any lien wflich has priority over this Security Instrument unless Borrower. {a)agrees in writing to the payment of the obfigation secured by the lien in a manner scceptable to Lender,but only so long as Borrower is performing such agreement; (b)contests the lien in good faith by, or defends agaiast enforcement of the lien in, legal proceedings wluch in Lender's opinion operate to prevent the enforcement ofthe lien while those proceedings aze pending, but only until such proceedings are concIuded; or(c)secures from tfie holder of the lien an agreement satisfactory to Lender subordinatimg the lien w this Security Inshument. If Lender determines that any part of the Property is subject to a lien which can attain priotity over flus Secttrity Tnshvment, Lendermay give Borrower a notice identifying the lien. Within 10 days o�date on w 'ch that notice is given, Inirials:�� 1� NEBR#SKA-Single Family--Famie MaelFreddie Mnc IJNIFORIYI INSTRiJMENT Form 3028 7f01 (page 4 of73 pages}