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201207868
<br /> The Funds shall be held in an instiYution whose deposits are iusured by a federal agency, instrumentality, or
<br /> entity (including Lender, if Lender is an instimtion whose deposits are so insuredj or in any Fedzral Home
<br /> I.oan Bank. Lender shall apply the Fuvds to pay the Escrow Ttems no later than the time specified under
<br /> AESPA. Lender shall not charge Borro��er for ho[din�and applyi��g[he Funds, annually analyzing[he
<br /> escrow account, or verifying the Escrow Items, unless Lender pays Borrower 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 interest to be paid on the Funds, Lender shall not be required to pay Borrower any
<br /> interest or earnin�s on the Funds. Sorrower and Lender can agree in��ieing, however, tliat interest shall be
<br /> paid on the Funds. Lender shall give to Borrower, �vithout charge, an annual acwunting of the Funds as
<br /> required by RESPA.
<br /> If there is a surplus of Funds held iu escrow, as defined under RESPA, Lender shall account to Borrower 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 shall notify Borrower as required by RESPA, and Sorrower shall pay to Lender the amount
<br /> necessary to make up the shortage in accordance with RFSPA, bnt in no more than IZ monthty payments. If
<br /> there is a deficiency of Funds held in escrow, as defii�ed under RESPA, Lender sliall notify Borrower as
<br /> required by RESPA, and Borrower shall pay to Le�der 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 all sums secured by this Securiry InsCrument, Lender sha(I promptly refund to
<br /> Borrower any Funds held by Lender.
<br /> 4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, £ines, and impositions attributable to
<br /> the Proper[y which can attain priority over this Security Instrument, leasehold payments or ground rents on
<br /> the Properry, if any, and Commimity Associatio�Dues, Fees, and Assessments, if any. To the extent that
<br /> tliese items aze Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br /> Borrower shalf promptly discharae any lien which has priority over this Security Inst�vmen[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 againsi enforcement of the lien in, lenal proceedings which in Lender's opinion operate to prevent
<br /> the enforcement of the lien while those proceedings are pending, but only until such proceedings aze
<br /> wncluded; or(c)secures from the holder of the lien an agreement satisfactory to Lender subordinating the
<br /> lien to[his Security I�strument. If Lender determines that any pazC of the Property fs su6ject to a lien which
<br /> can attain prioriry over this Security Instrumert, Lender may give Borrower a notice identifying the lien.
<br /> VJithin 10 days of the date on which thaY notice is given, Borrower shall satisfy the lien or take one or more
<br /> of the actions set forth above in this Section 4.
<br /> Lender may require Borrowee to pay a one-Cime charge for a real esCate ta�verification and/or reporting
<br /> service used by Lender in wnnecYion with fhis Loan.
<br /> 5. PropeAy InsuranCe. Borrowee shaLl keep the improvements now existing or hereafter erecCed on the
<br /> Proper[y insured against loss by fire, hazards included withi�the term "extended coverage," and any other
<br /> hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This
<br /> insurance shall be maintaineA in tlia amounts(includiog deductible levels)and for the periods that Lender
<br /> requires. What Lender requires pursua��t to Che preceding sentetices can change during the term of the Loan.
<br /> The insurance cazrier providi�g the insurance shall be chosen by Borrower subject[o Lender's riglit to
<br /> disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require
<br /> Borrower to pay, in connection with this Loan, either: (a) a one-time eharge for flood zone determination,
<br /> certification and tracking services; or(b) a one-cime charge for flood zone determination uid certification
<br /> BB01286083 BB01288083
<br /> NEBRASKA-Single Family-Fannie MaelFretldle Mac UMFORM INSTRUMENT WITH MERS Form 3026 1101
<br /> 4MP Q VMP6A(N�(110c)
<br /> Wol�ers Kluwer Financial Services Paae 6 o11]
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