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201206729
<br /> The Funds shall be held in an institution whose deposits arc iusured by a federal a�ency, instrumentality, or
<br /> entity (including Lender, if Lender is a� institution whose deposits are so insured) or in any Federal Home
<br /> Loan Bank Lender sl�all apply the Funds to pay the F.scrow items no later than the timc specified under
<br /> RESPA. Lender shall not charge Borrower for holding and applying tl�e Fwids, annually analyzing die
<br /> esceow account, or verifying fhe F,scrow Items, unless Lender pays IIorrower interest on the Funds and
<br /> Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or
<br /> Applicable Law requires inCerest to be paid on the Funds, Le�ider shall not be required to pay Borrower any
<br /> interest or earnings on the Funds. Borrower and Lendee can agree in v✓riting, however, that interest shall be
<br /> paid oi� the Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds as
<br /> required by RESPA.
<br /> if there is a surplus of Funds held iu escrow, as defiucd under RESPA, Lender shalt aceount to Borrower for
<br /> the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as dcfined nnder
<br /> RESPA, Lender shnll notify Borrower as required by RESPA, and Borrower shall pay lo Lei�der the amount
<br /> necessary to make up the shortage in accordance with RESPA, but in no more than l2 monthly paymearts. if
<br /> tl�erc is a deficiency of Funds held in escrow, as defined under RESPA, Lender sliall notify Borrower as
<br /> required 6y RESPA, and Borrower shall pay to Lender the amount�ecessary to make up the deficiency in
<br /> accordanee with RCSPA, bnt in no more than 12 monthly payments.
<br /> Upon pttyment in full of alI sums secured by this Security Instrument, I,ender shall promptly refimd to �
<br /> Borrower any Punds held by Lender.
<br /> 4. Charges; Liens. Borrower shall pay all tvices, assessments, charges, fines, and impositions attributable tu
<br /> the Property which can attain priority over this Security Listrument, leasehold payments or gronnd rents on
<br /> the Property, if any, and Commnnity Associztion Dues, Fees, znd Assessments, if any. To Yhe extent that
<br /> fhese items are Escrow Ttems, Rorrower sliall pay them in the manner provided in Section 3.
<br /> Son'ower shall promptJy dischaege any lien which has priority ovcr this Secnrity Insd'ument unless
<br /> Borrower: (a) agrees in writing to the paymei�t of the obligafiou sewred by the lien in a manner acceptable
<br /> tu Lendcr, 6ut only so long as Borrower is performing such agreement; (b) contests the Iien in good fai[h by,
<br /> or defends against enforcement of the lien in, legal proceedings which in I,ender's opinion operate W prevent
<br /> the enforcement ofthe 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 satisf'aetory to Lender subordinating the
<br /> licn to this Security Instrument. If Lender determines thaC ai�y par[of the Propeety is subject to a liei� which
<br /> can attain prioriry over this Securiry Instrument, Lender may give Borrower a notice identifyi��g the Iien.
<br /> W ithin LO days of the date on which that noCice is given, Borrower shal I satisfy the liei� or take one or more
<br /> of Yhe acEio�s set forth abuve in this Section 4.
<br /> Lender may require Srn�rower to pay a one-time charge for a real estate tax verification a��d/or reporting
<br /> service used by Lender in comiection with this Loan.
<br /> 5, Property Insurance. Rorrower shall keep the impeovements now exisYing or hareafte��erectcd on the
<br /> Proper[y insured against loss by fire, hazards i��cluAed within the term "extended coverage," and any other
<br /> hazards including, but not limited fo, earthquakcs and floods,for wllich Lender requires insurance. Tliis
<br /> � insurance shall be maintained i�fhe amounts(including deductible levels) and for the periods that Lender
<br /> eequires. Whet Lei�der requires pursuant to the preceding sentences can change during the term of the I,oan.
<br /> The insurance carrier providing the insurance shall be choseo by Borrowee sttbject to Lender's right to
<br /> disapprove Borrower's choiee, which right shall not be exercised unreasonably. Lender may require
<br /> Borrowee to pay, in connection wif.h 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 /> 8801252268 8801252268
<br /> NEBftASKA-Single Famlly-Fannle MaelFredtlie Mac UNIFORM INSTRUMENT WITH MERS Form 3028 ll01
<br /> VMP� VMPBA(NE)(11�5)
<br /> Wolters Kluvrer Fnanoial Serviws � Page 6 of'17
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