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<br />The Funds svall be held in an institution whose deposits are u�sured by a federal agency, instrumentality, or
<br />entity (including Lender, if Lender is an inatitution whose deposits are so insurecn or in any Federal Home
<br />Loan Bank. Lender shall apply the Funds to pay�the Escrow Items no later than the time specified under
<br />RESPA Lender sha11 not charga Borrower for holding and applying the Funds, annually analyzing the
<br />escrow account, or verifying the F.scrow Items, unless Lender pays Bonower interest on the Funds and
<br />Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing ar
<br />Applicable Law requires interest to be paid on the Fimds, Lender st�all not be re,quired to pay Borrower any
<br />interest or eaznings on the Funds. Borrower and Lender c�n agr� in writing, however, that interest shall be
<br />paid on the Funds. Lender shall give to Borrower, without charge, an annual accoimting of the Funds as
<br />required by RESPA.
<br />If there is a surplus of Fwids held in escrow, as dafined under RESPA, Lender shall account to Borrower for
<br />the e�cess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as definad under
<br />RESPA, Lender sha11 notify Borrower as required by RESPA, and Borrower ahall pay to Lender the amount
<br />necessary to make up the shortage in accordance with RESPA, but in no �re than 12 monthly payments. If
<br />there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as
<br />required by RESPA, and Bonower shall pay to I,ender the aa�unt necessary to make up the deficiency in
<br />accordance with RESPA, but in no �re thaz►12 �nthly payments.
<br />Upon payment in full of all sums secure� by this Security Inskrument, Lender shall promptly refimd to
<br />Borrower any Funds held by Lender.
<br />4. CF�ges; I�ens. Horrower shall pay all ta�ces, assessnnents, charges, fines, and impositions attributable to
<br />the Properiy which can attain priority over this Security �nslr�ment, leasehold payments or ground rents on
<br />the Property, if any, and Community Association Dues, Fe�s, and Assessments, if any. To the extent that
<br />these itte�ms are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lien which has priority over this Sacurity 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 agr�t; (b) contests the lien in good faith by,
<br />or defends against enfor�t of the lien in, legal proceedings wlrich in Lender's opinion operate to prevent
<br />the enforcement of the lien while those proc�edings aze pending, but only �mtil such procxedings are
<br />concluded; or (c) secures from the holder of tha lien an agreement satisfacWry to Lender subordinating the
<br />lien to this Security Inshvment. If Lendar det�mines that any part of the Property is subject to a lien wluch
<br />can attain priority over this Security Inshv�nt, Leader may give Bonower a notice identifying the lien.
<br />Within 10 days of the date on wluch that notice is given, Borrower shall satisfy the lien or take one or �re
<br />of the acrions set forth above in this Section 4.
<br />Lender �y require Borrower to pay a on�time charga for a re,al estate tax verification and/or reporting
<br />service used by Lender in connection with this Loan.
<br />5. Property Insurance. Borrower shall k�p the improvements now existing or hereafter erected on the
<br />Progeriy insured against loss by fire, hazards included within the term "extended coverage," and any other
<br />ha�rds including, but not limited to, ea�thquakes and fl�ds, for which Lender requires insurance. This
<br />insurance sha11 be maintained in the amounts (including deduclible levels) and for the periods that I.ender
<br />requires. What I.ender requires pursuant to the preceding sentences c�n change during the term of the Loan.
<br />The insurance carrier providing the insurance shall be chosen by Boirower subject to Lender's right to
<br />disapprove Bonower' s choice, wluch right sha11 not be exercised unreasonably. Lender may require
<br />Borrower to pay, in connection with tUis Loan, either: (a) a one-time charge far flood zone determination,
<br />certification and tracking services; or (b) a one-time charrge for fload zone determination and certific�tion
<br />NEBRASKASb�gle FamBy-FanNe Mae/Freddie Mac UNIFORM INSTRUMENT WiTH MERS 27 wrm ao3e
<br />y�p � VMPBA�NE) (1106)
<br />Wolters Kluwer Fb� Services Page 8 of 17
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