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<br />The Funds shall ba held in an institution whosa deposits ara inaured by a faderal agency, ins�mentality, or
<br />entity (including Lender, if Lender is an instihrtion whose deposits are so inaurecn or in any Fe�eral Home
<br />Loan Bank. Lender shall apply tha Funda to pay the F.scrow Items no later than the time specified under
<br />RESPA. Lender shall not charge Bonower for holding and applying the Funds, annually analyzing the
<br />escrow account, or verifying the Escrow Items, unless Lender pays Bonower interest on the Funds and
<br />Applicable Law permits Lender to make such a charge. Unless an agr�ment 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 />inter�t or earnings on the Funds. Borrower and Lender c�n agree in writing, however, that interest shall be
<br />paid on the Funds. I.ender aha11 give to Borrower, without chazge, an annual accownting of the Funds as
<br />required by RESPA
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, I.ender shall account to Borrower far
<br />the excess fimda in accordance with RESPA. If there is a shortage of Funds held 'm esaow, as defined under
<br />RESPA, Lender shall notify Borrower as required by RESPA, and Borrower sha11 pay to I,ender the amount
<br />necessary to make up the shortage in accordanca with RESPA, but in no �re tvan 12 �nthly payments. If
<br />there is a deficieacy of Funda held in escrow, as defined under RESPA, Lender shall notify Borrower as
<br />required by RESPA, and Bonower shall pay to Lender the a�uunt necessary to make up the deficiency in
<br />accordaace with RESPA, but in no �re thaa 12 monthly payments.
<br />Ul�on Payment in full of all aums aecured by this Security Instnnment, Lender sha11 promptly refimd to
<br />Boaower aay Funds held by Lander.
<br />4. Charg�; L1ens. Borrower sha11 pay all taxes, assessnnents, oharges, fines, and impositions attributable to
<br />tha Properiy which c�n attain priority over this Security Instru�nent, leasehold payments or ground rents on
<br />tha Proparty, if any, and Community Ass�iation Dues, Fees, and Assessnnents, if any. To the extent that
<br />the.ga items ara Escrow Items, Borrower shall pay them in the mann� providad in Section 3.
<br />Bonower sha11 PromPtlY dischazge any lien wluch has priority over this Sacurity InstNment unless
<br />Borrower: (a) agrees in writing to tha payment of tha obligarion secured by the li� in a manner �ceptable
<br />to Lender, but only so long as Borrowar is performing such agre,em,ent; (b) cont�ts the lien in good faith by.
<br />or defends against enforcemeat of the lien in, lagal Proceedings R'luch in Lender's opinion operata to prevent
<br />the enforcea�nt of the lien while those proc�edings are pending, but only imtil auch proc�edings are
<br />concluded; ar(c) sec�ues from the holder of the lien an agreement sariafactory to L�der subord'mating tha
<br />lien to tbis Security Instru�nt. If Lender det�mines that any part of the Praperty is subject to a lien wluch
<br />can attain priority over this Security Instru�nt, Lander may give Barrower a notica identifying the lian.
<br />�tyin 10 days of the data on wluch tUat notice is given, Borrower aha11 satisfy the lien or take one or more
<br />of the actions set forth above in this Secrion 4.
<br />I.ender may requiure Bonower to pay a one-time charge for a real estate tax verification and/or reporting
<br />aervice used by Lender in connection with this Loan.
<br />5. Property I�uranCe. Borrower sl�all kesp the improve�nts now exisling or hereatter er� on the
<br />Progerty insured against loss by fire, hazazds included within the teim "extended coverage," and any other
<br />hazards including, but not limited to, earthquakes and floods, for which Lender requiras insurance. This
<br />insurance shall be maintained in the a�unts (including deduchble levels) and for the pariods that Lender
<br />requires. What I.ender requires pursuant to the preceding sentences can change during tha teim of tha Loan.
<br />The insurance carrier providing the insurance shall Ue chosen by Bonower aubject to Lender's rigbt to
<br />disapprove Borrowar's choice, wluch right sha11 not ba exercised unreasonably. Leader may require
<br />Bonower to PaY, in connection with thia Loan, either: (a) a one.-tima chazge for fl�l zone determination,
<br />certification aad tracking services; or (b) a ono-time chazge for flood �ane determination and certification
<br />2200288381
<br />NEBRASKASb�gle FatnOy-Fannie MeelFreddb M� UNIFONM IN9TRUMENT WITH MER3
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<br />F�m 3038 1/O7
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<br />Pege 6 oi 17
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