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201208298
<br /> Any applic�ttion of psqmcnts, inaivanca proceeds, or 11�iscellaneous Procecds to pxincipal due uudcr thc NoEe
<br /> shall not extend oi°postpone tha dne ciate, or ahange the amount, of Lhe Periodic Payinei�ts.
<br /> 3. D'unda for Escrow ICe�ns. Borrower shall�ay to Lender oU the�lay Pexiodio PaymenEs are due under the
<br /> Nofa, until El�e 1Qote is paid in fu11, a sixtn(the"Funda°)to�rovide Por p�yment of arnoimLs due for: (a) taxes
<br /> aud aascssments ttnd otl�er iterns which een attaiii priority over this Security lnsh'uinent a9 e lien or
<br /> encumbrance on the Property; (b) leasehold paymonfs or ground rents on tlic Property, if aaiy; (c)preiniLima
<br /> for any and all insm ancc xequired by Lender under Swtion 5; and(d)Mor6gage Insucance prcuiiums, if�ny,
<br /> or any swns payaUle by Borrower to l.endcr in Iieu of tihe paytnc�n6 oP Mortgage Insw�anco premiutns in
<br /> acoordeaice witli the provisions of Section 10. These itern� are called"Esorot�tten�s." At originatiion or at
<br /> any�iine diixing the tarm of thd Loan, T,ender may rcquire that Comtuunity Associntion Dues, Fecs, arid
<br /> Aaeessments, if any, be escrowed Uy 13orrower, and sucl�dues, fees and zssessmonLs shall be an Sscrow
<br /> Itein. Boreower eh[tll pron�pt7y fuxnish Yo Zznder all notices of tunounte to he p�id imder Y1iis Section.
<br /> Borrowex shall pay I.ender the Punds forRscrow ICems miless Le�lder weives Borrower's obligalion to pay
<br /> the Punds For eny or�11 Escrow Items. Londer may waive Borrower's obligation to pay to Lender Funds for
<br /> any or all F,scrow Iteii��s at any tnne. Any such waiver may only be in writing In Iha event of such waiver,
<br /> Borrower sliall pay directly, wl�c�i and where payaUle, t1�e unounts due far any L+scrow Ttems for which
<br /> paymcnC of L+'nnds I�as been waiveci by I ender and iP Lender reqnires, shall fiu•niah to Lender�receipts
<br /> cvidencing such paymcnt wiChin such time period as Lender may rcqLure. Borrower'�obligation to make
<br /> such payments and Lo provide receipts nhall for all purposes be deemed to be a covenanL and t�greement
<br /> contained in this Security Hishuincnf, ns the pluase"covenant end agreement" is used in Section 9. If
<br /> T3orrower ie obliga�ted to pay L�scrow Iteins directly, puraunnC to a waivcn', and Borrower fails to pay the
<br /> unount due for an F,scrow Item, Lender may exercise its righh iu�cier Section 9 and pay suoh amount a�id
<br /> Borrower shal] then be obligated under Section 9 to repay w Lender aiiy such amount. Lender may rcvolie
<br /> Uie waivcr as lo eny or all Fscrow Items at any time hy a notice given in accordance wiUi Section 15 and,
<br /> upon such revocation, Sorrower ahall pay to Lcnder ell Ftuids, and iii auch �unomrts, thaC az'e then required
<br /> under this Section 3.
<br /> L,ender n�ay, �t any timq callect�nd hold h'unds in an amount(a) snfflcient to permit Lender to apply tho
<br /> I'imds aC the time specifled under R W;SPA, and (b)not to cxceed the tnaximum amount a lender cun rcqttire
<br /> undar RRSVA. Lender sha11 estimahe Che�inount of ktulds due on the basis of current dat�t and re�arnlable
<br /> estimates of expe�tidit�u'es of future Fecrow Items or oflie�wiaa in accordance wifli Applicable Law.
<br /> The D'unds shal] Uo held in an instltuYioti whose deposits are insured by a federal �gency, insYxument�lity, ar
<br /> entity(inc1uding Lendar, if I.�nder is 2n institution whose deposits are so insnred) or in any b'ederal IIoina
<br /> Lopn Bank. Lender sl�all apply the rtuids to pay 11ie Eecrow itemr no later than fl�e timc�pecified aider
<br /> RL�SPA. Lender shall not charge Borrowcr Por holdin�;and applying the Funds, annually analyzi�ig tl�e
<br /> escrow aecount, or verifying the 9ry'sorow IEems, unless Lender p�ys Borrowcr interest on Uie PLinde and
<br /> Applicable Law permiEs Lender to mnke such a charge. Unless an agrecment is mada iii wi'itrng or
<br /> Applioahle Lnw requirea intcreat to Ue paid on the Punds, Lender shall not Ue required t�pay Borrower any
<br /> intoreat or enrnings on the P'unde. Borr�owor and Lender cen agree in tan�iYing, howcver, [hat interest ehall be
<br /> pnid on the Punda Lender shall giv�to Borrower, witllcauf ohnrge, an aimu�tl ttecounting of the}�'unds as
<br /> required Uy RLSPA.
<br /> If tihere is a surplus of Fuuds hcld in escrow, as d�fined under RF.SPA, Lender ehall acconnt fo Bon�owar for
<br /> fhe oxcess Cunds in accordance�vith R�SPA. IC Chere is a shottage of Punds held in eecrow, es defined under
<br /> RLSPA, Lender shall notify Borrower as required by RLSPA, and Borrower shpll pay to Lender the auiount
<br /> necessaay to make up Hie sharta�;c in acoordtwce with 1t�SPA, but in no more than 12 monthlq payments. PP
<br /> there is a de'Ifoiency of FLmds held in escrow, as defined under RHSPA, Lender shall noti fy Borrower as
<br /> 2aoozan
<br /> NG6RASKA-Slnflle Femity-Fannie Maelf-reddle Mnc UNIFORM INSTRUM EN'f Porm 3028 1101
<br /> �^�P� VfelPv"�NE)(11a51
<br /> Wollers I(luwer Glnanciel Sarvices Pa9e 5 oi 17
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