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• 201208202
<br /> The Funds sliall be held in an iastimtion whose deposits are insurecl by a federal agency, iiutmmentality, or
<br /> entiry (including I,ender, if L.ender is an institution wliose deposits are so insured) or in any Federal Home
<br /> Loan Bank. Ixnder sluill apply [he Funcis to pay the Escrow Items no later than the time specified under
<br /> RESPA. L.ei�der shall not charge Borrowec for Uolding aud applying the Funds, annually analyzing the
<br /> escrow accoun[, ur verifying the Escrow Items, unless L.ender pays Borrower in[erest on tlie Funds and
<br /> Applicable L,aw pemiits I.ender ro roake such a charge. Uiiless an agreement is made in writing ur
<br /> Applicable Law requiies interest to be paid on the Funds, Lendei sliall uot be reyuirecl to pay Borrowex any
<br /> interest or earnings on the Funds. Borrower and L.ender can agree in wripng, l�owever, that interest sl�all be
<br /> paid nn the Fands. Lender sliall give to Borrower, without charge, an annual accounting of the Funds as
<br /> reyuired by RESPA.
<br /> If tliere is a surplus of Fands held in escrow, as defined uuder RESPA, I.ender shall accouut to Borrnwer fu�
<br /> the excess funds in xccordance with RFSPA. If there is a sliortage of Fuuds l�eld in escrow, as defined under
<br /> RESPA, L.euder sUall notify Borrower as reyaired by RSSPA, and Borrower shall pay to Lender the amouut
<br /> necessary [o make up the shortage i�accordance with RESPA, but iu no more tliv� 13 mont6ly payments. If
<br /> there is a de5ciency of Funds lield in escrow, as defined under RESPA, Leiider sliall notify Borrower as
<br /> reyuired by RESPA, and Bo�cowe�shall pay to Leude� tlie amouut necessary to make up the deficiency in
<br /> accordance with RESPA, but in no more than 12 monthly paymeuts.
<br /> Upon pttymeut in full of all sums secured hy this Secu�ity Instmroeut, Lender shall pmmptly refund ro
<br /> Borrower any Funds lield by Lender.
<br /> 4. Charges; Liens. Borrower shall pay all taxes, assessmeuts, charges, tines, and impositiuns attcibutable to
<br /> die Prope�ty whicl�can attain prio�ity ovex tliis Secu�ity Instrument, leaxhuld payments ox grouud rei�ts nu
<br /> the Property, if any, and Coromunity Assoc:iation Dues, Fees, and Assessments, if any. To die extent tliat
<br /> these items are Escrow Items, Borrower sl�al] pay tl�em in the manner provided in Section 3. �
<br /> Borcower sl�all promptly discharge any lien which has priority over this Security Instmment wiless '
<br /> Bo�rower: (a) agrees in writing to the paymeut of the ohligation secured by die lien in a manner acceptable
<br /> ro Lender, but only so loug as Borrowe�is perfornung such agxeemenr, (b) contests [he lien iu g�l Eai[h by, �
<br /> or defends agai�ut enforcement of dte lie��iu, legal pmc eedi�igs wliicli in I.ender's opiiuon opecate ro prevent
<br /> the enforcemeut of the lien while thuse proceedings are pending, but only mitil such proceeJings are
<br /> concluded; or(c) secures from die holdex of the lien an agreement satisfactory to Lender subordinating the
<br /> lie��to diis Securiry Instrument. [f LenJer deternvnes d�at any part of die Prope�ty is subject ro a lien whicli
<br /> can attaiu pxioriry ovec this Security Instrument, L.enJer may give Borrower a notice identifyiug the lien.
<br /> Withiu 10 days of the date ou wliich that nntice is given, Borrower shall satisfy the lien or take one or more
<br /> of the actions set forth above in tl�is Section 4.
<br /> Lender rruy �eyuire Bor�owe�to pay a one-time charge for a real escate tax verification aud/or reporting
<br /> service used by Lender in co�mectiou with this L,oan.
<br /> 5. Property Insurance. Bo�rower slull keep tl�e improvements now existing nx hereafter erected ou tlie
<br /> Property ivsured agaiiLct loss by fire, 1�aTards includul within Uie term "exteuded coverage," and avy otl�er
<br /> Uazards incluJing, but i�ot linrited ro, eanhyuakes and floods, for which Leuder requires insurance. Tl�is
<br /> insu�ance sliall be mainfai��rd in die amounts(iucluding deductible levels) aiid for the periods that Lender
<br /> ceyuires. What L.ender xequires'pursuant to the preceding sentences can chai�ge du�ing the term of the Loan.
<br /> Tlie iiuurance carrie�providing the iiuurance shall be choseu by Bo�rower subject to Lender's riglu to
<br /> disapprove Borcowec's cl�oice, which riglit shall uot be exercised mueasonably. l.ender may cequire
<br /> Borrowe�to pay, in connection with this Loan, eitlier: (a) a one-time cliarge fox flood ume dete�nu�ution,
<br /> cextification and tracking services; or(b) a one-time chazge for flood zone detenniiution aud certiti�ation
<br /> 108ANE 00088]943220 SeptemEer11,2012
<br /> NEBRASKA-Single FamIIV-Fannie MaelFretltlia Mac UN�POFM INSTRUMENT W ITH MERS Form 30P8 1;01
<br /> VMP C•J VMPBAINE1111051.00
<br /> Wopara Kluwer Financial Services Page 6 of 1]
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