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201206855
<br /> The Funds shall be held in an insEitution whose deposits are insured Uy a federal agency, insfrumentality, m�
<br /> e�rtity(including Lender, if Lender is an institution whose deposits are so insaeed) or in a�y Federat Aome
<br /> Loan Bank. i,ender shalL apply thc Funds to pay the�scrow Items no latcr than the time specified uuder
<br /> RESPA. I.ender shall not cha��ge Borrower for holding and applying the Funds, annually analyzing the
<br /> escinw account, or verifying the Escrow Items, unless Lender pays Sm�rower 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 i�teresC to be paid on fhe Funds, Lender slia]] not be required [o pay 13orrower any
<br /> interest or eaznings on the Funds. Borrower and Lender can agree in writing, ]iowever, that interest shall be
<br /> paid on the Punds. Lcnder shall give to 13orrower, without charge, an annual accoun[ing of the Funds as
<br /> required by RESPA.
<br /> If tliere is a surplus of Funds held in esa�ow, as defined under RESPA, Lender shall account to Borrower for
<br /> tlie excess fimds in accordanee with RL,SPA. If there is a sl�ortage of Funds held in escrow, as dcfineA under
<br /> RESPA, Lender shall notify 13orrower as required by RESPA, and Borrower shall pay to Lender tl�e amount
<br /> neeessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If
<br /> there is a deticiency of Funds held in escrow, as defined under 12LSPA, Lender shall notify Borrower as
<br /> required by RESPA, aud Borrower shalL pay to Lende�� the amount necessary to make up the deficie�icy iu
<br /> accordancc with RESPA, but in no more than 12 monthly payments.
<br /> Upon�ayment in fuil of all sums seeured by this Security InsG�ument, Lender shall promptly refund Yo
<br /> Borrower nny Funds held Uy Lender.
<br /> 4. Charges; Liens. Borrower shall pay all taxes, assessments, cl�arges, fines, and impositions attriUutable to
<br /> the Property which cau at[ai� priority over this Security Instrument, leaschold payments or ground rents on
<br /> the Property, if any, and Commimity Aseociation Dues, 1 ees, and Assessmente, if any. To the exteut that
<br /> these items are F.serow Items, Bm�rowcr shall pay them in [he manner providcd in Seotion 3.
<br /> IIm'rowcr shall promptly discharge any licn whicl� has priorify over this Security Insfrument uuless
<br /> 13orrowcr. (a)agrees in wri[ing to the payment of the obligatio� secured by thc licn in a manner acceptable
<br /> to Lendcr, but only so long as Borrower is performing such agreement; (b)contests the lien in good faitli by,
<br /> or defends against enforcement of the lien in, legal proceedi�gs which in Lendcr's opi�ion operate to prevent
<br /> the enforcement of tlie lien while those proceedings are pending, but only until such proceedings are
<br /> concludcd; or (c) seeures from the holder of the lien an agreement satisFnctory to Lender subordinating the
<br /> lien to this Security instrument. If I.endcr determines tliat any part of the Pro}�erty is subject Yo a lieu which
<br /> can atEain priorify over fhis Security Instrument, Lender may give Borrower a notiee ideutifying Lhe lien.
<br /> Within 10 days of the date on which that notice is given, Borrower shall satisfy Ehe lien or take one or more
<br /> of fhe actions set forth above i�this SecYimi 4.
<br /> Lender may require]3m�rower to pay a one-time charge for a real estate tax verificatioii ai�d/or repor[ing
<br /> service used by Lender in conncction with Uiis Loan.
<br /> 5. Property Insurance. 13orrowcr sUall keep the improvements now existing or hereaffer erected on the
<br /> ProperYy insured against loss by fire, hazards included within the term "exfended coverage," and any other
<br /> hazards including, but not limited to, earfhquakes and floods, for which Lender requires insurance. This
<br /> insurance shall be maintained i� the amounts (including deductible levels)and for the periods that Lender
<br /> requires. What Lender requires pursuanL to the preceding sentences can change during the term of the Loan.
<br /> The insurance can�ier providing the insurance shall be chosen by Borrower subjeet to Lender's right to
<br /> disapprove Borrowcr's dioice, which right shall not be exercised um�easonably. Lendcr may require
<br /> Borrower fo pay, in connection wi[h this Loan, either: (a)a on�time charge for flood zone deterininaYion,
<br /> certifieation and tracking services; or (b) a on�time el�arge for flood zone determination and certificaYiai
<br /> 88012P54]8 880�2�54]8
<br /> NEBFEASKA-Single Family-Pannie MaelFredtlleMec UMFORM INSTRUM ENT WITH MERS Form 3028 1101
<br /> VM P� VM PBA(NE7(1105)
<br /> Wolters Kluwer Financiel Servlces Page 6 0�1"!
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