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201207959
<br /> 'I'he Funds shall be held in an insCitution whose deposits are insured by a federal agency, instrumenta(ity, or
<br /> entity (including I.ender, if Lender is an institution whose deposits are so insured) or in any Pederal Homc
<br /> Loan Bank Lendcr shall apply the Fuuds to pay the Gscrow (tems no later than the time specified under
<br /> RESPA. Lender shall not cherge Bon�ower for holdiug and applying the Pw�ds, ai�nually analyzing Yhe
<br /> escrow account, or verifying the Escrow Items, unlcss Lender pays Borrower interest on the Punds and
<br /> Applicable Law pcnnits Lender to make such a chaige. Unlcss an agreement is made in writing or
<br /> Applicable Law requires interesL Lo he paid on the Fuuds, Lender shall not be required to pay Borrower any
<br /> interest or carnin�s on the Funds. Borrower and Lender can agree in writing, however, Yhat interest shall be
<br /> paid on the Punds. I.ender shall give to Borrower, witl�out charge, an annual accounting of the Punds as
<br /> required by RESPA.
<br /> If there is a surplus of Funds held in escrow, as detnied under RESPA, Lender shall acwunt to Borrower for
<br /> the excess ft�nds in ac;cordance with RF,SPi1, if Yhere is a shortagc of Funds held in escrow, as defined under
<br /> RESPA, Lender shall notify Borrowcr as required by RESPA, and Borrower shall pny to Lender the amount
<br /> necessary�to malce up the shortage in accordance with RESPA, but in no more than 12 monthly payincnts. ff
<br /> there is a deficiency of Funds held in escrow, ;�s defined under RESPA, Lender shall nolify Borrower as
<br /> reqvired by RESPA, and Borrower shall pay tu Lender the amount necessa�y to make up the dcflciency in
<br /> accordance with RESPA, but in no more than 12 monthly payenci�ts.
<br /> Upon payment in full of all sums secured by U�is Security inshvmcnt, Lender shall promptly refund to
<br /> Borrower any Funds held by Lender.
<br /> 4. Charges; Liens. Borrower shall pay all taxcs, assessments, cha�ges, fines, and impositions attributable to
<br /> the YroperLy which cai� attain priority over this Security Instrument, leasehold payments or ground renLti un
<br /> the Property, if any, and Community Associafion Dttes, P'ees, and A�essments, if any. To the extent that
<br /> thesc itcros are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br /> Borrower shall promptly discharge any licn which has priority over this Security InstrumenL unless
<br /> Borrowcr: (a) agrees in writing Co the paymei�t of Lhe obligation secured by fhe lien in a mai�ncr acceptable
<br /> to Lender, but only so long as Borrower is performing such agrcement; (b) contests the lien in good faith by,
<br /> or defends against enforcement of Che lien in, Icgal proceedings N�hich in Lender's opinion operatc to prevent
<br /> the enforcement of the lien while those proceedings are pcnding, but only un[il such proceedings are
<br /> coucluded; or (c)secures fron� the holder of the lien an agreemenL satisfacfory fo Lender subordinating the
<br /> lien to this Sccurity Instrument. if Lender detcrmines that any part of Yhe Properfy is subject to x lien which
<br /> can aYtain priority over this Secority Instrument, Lender may give Borrower a notiee identirying t(�e licn.
<br /> Within ]0 days of Yhe date on which fhat notice is given, Borrowcr shall satisfy the lien or talce one or more
<br /> of the actions sef forth above in this Section 4.
<br /> Lender mxy require Bm�rower to pay a oi�e-[imc cl�arge for a real estaYe tae verification and/or reporting
<br /> service used by Lender in conneetion with this Loan.
<br /> 5. Property Insurance. Rorrower shall keep the improvements now existing or hereafter erected on Lhe
<br /> Property insured againsf loss by fire; hazards included wi[hin lhe tenn "extended coverage," and any other
<br /> hazards including, but not limited to, earthyuakes and tloods, for which Lender requires insuranec. This
<br /> insnrance shall be maint�ained in Yhe amounts (including deductible levels) and for the periods dtat Lender
<br /> requires. What Lender requires porsuant to the preceding s�ntences can change during the term of the Loan.
<br /> The insurance carrier providing the insurancc shall be chosen by Borrower subject to Lender's right to
<br /> disapprove Rarrower's choice, which right shall nof be exercised unreasonably. Lender may require
<br /> Borrower to pay, in wni�ection wifh this Loan, either: (a) a one-time charge for flood wne determination,
<br /> eertification and tracking se�viees; or (b) a one-time charge for flood zoi�e determination and certification
<br /> 8801292448 , /1/� 88012929A6
<br /> NEBRASKA-SingleFamily-FannieMaelFreddleh7acUNIFORMINSIRUMENTWITHMERS `���j� Form30281101
<br /> VM P�� VM P6A(NE)(11�5)
<br /> Wollers Klower Financlel Servloes Pape 6 of 1]
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