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20�2092��
<br />shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying
<br />the Escrow Items, nnless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make
<br />such a charge. Unless an agreement is made in writing or Applicable L,a.w requires interest to be paid on the Funds,
<br />Lender shall not be required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can agree
<br />in writing, however. that interest shall be paid on the Funds. Lender shaU give to Bonower, without charge, an
<br />aanual accounting of the Funds as required by RESPA.
<br />If there is a suiplus of Funds held in escrow, as deflned under RESPA, Lendsr shall accaunt to Borrower for
<br />the excess funds in ac�ordance with RESPA. If there is a shortage of Funds held in escrow, as definal under RESPA,
<br />Lender shall notify Borrower as res�uired by RESPA, and Borrower shall pay to Lender the amount necessary to make
<br />up the shortage in accordance with RESPA, but in no more than 12 monthl.y payments. if there is a deficiency of
<br />Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Bonower
<br />shall pay to Lender tbe auiount necessary to make up the deficiency in accordance with RESPA, but in no more than
<br />12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instroment, Lender shall promptly refund to Borrower
<br />any F�nds held by Lender.
<br />4. Charges; Liens. Bonower shall pay all taxes, assessments, charges, fines, a�nd impasitions attributable to
<br />the Property which can attain priority over this Security Instrument, leasehold payment� or ground rents on the
<br />Progerty, if any, anc3 Community Association Dues� Fees� and Assessments, if any. To the eactent that these items
<br />are Escrow Items, Borrower shall pay them in the manner provided in Se�tion 3.
<br />Borrower shall promptly discharge any lien wbich has priority over this S�uiaty Instrument unless Borrower:
<br />{a) agrees in writing ta the payment of the obligation secured by the lien in a manner acceptable to I.ender, bnt only
<br />so long as Borrower is performing such agreement; (b) wntests the lien in good faith by, or defends against
<br />enforcement of the lien in, tegal proceEdings which in Lender's opiniou operate to pravent the enforcement of the lien
<br />while those proceedings are pending, but only until such proceedings aze concluded; or (c) s�ures from the holder
<br />of the lien an agreement satisfactory to LencFer subordinating the iien to this Secnrity Instrument. If Lender
<br />determines that any part of the Progerty is subject to a lien which can attain priority over this Security Instrument,
<br />Lender may give Bonower a norice identifying the lien. Within 10 days of the date on which that notice is given,
<br />Borcower shall satisfy the lien or take ane or more of the actions set forth above in tb.is Sectian 4.
<br />Lender may res�uire Borrower ta pay a one-time charge for a real estate tax verification andlor reporting service
<br />used by L�,mder in connection with this Loan.
<br />5. Propecty Insurance. Bormwer shall keep the improvements now existing or here,after erected on the
<br />Froperty insurai against loss by fire, hazards included within the terrn "extended covezage," and any other hazards
<br />including, but not limited to, earthquakes and floads, for which Lender requir� �++��*�ce. This insurance shall be
<br />maintained in the amounts (including deductible levels) and for the periods thai Lsnder requires. What Lender
<br />requites pursuant to the preceding sentences can change during the term of the I.oan. The �nc,�*ance carrier providing
<br />the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrowec''s choic�, which right shall
<br />not be exezcised unreasonablq. Lender may require Borrower to pay, in cannection with this Loan, either: (a) a one-
<br />time chazge for flood zone detetmination, certification and tracking services; or (b) a one-time charge for flood zone
<br />determination and certification services and subsequent charges each time remapgin$s or similar changes occur which
<br />reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of
<br />any fees impos�d by the Federal Emergency Management Agency in connection with the review of any flood zone
<br />determination resulting from an objec�ion by Borrower.
<br />If Borrower fails to maintain any of the coverages describ� above, Lender may obtain insurance coverage, at
<br />Lender's option and Borrower's expense. I.euder is under no obligation to purchase any parkiculac type or amount
<br />of coverage. Therefare, such coverage shall cover Lender, but might or might not protect Borrowex, Borrower'�s
<br />equity in the Progerty, or the contents af the Property, against any risk, hazard or liability and might provide greater
<br />or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance eoverage so
<br />obtained mighr significantly exc$ed the cost of insurance that Borrower could have obtained. Any amounts disburs�i
<br />by Lender under this Section 5 shall becoz�tae additional debt of Borrower secured by tkus Security Instrument. These
<br />NEBRASKA—Single Family--Fannie MaelFreddie Mac UNiFORM INSTRIlMENT
<br />GccMs�►e �
<br />Form 3028 1/01 Page 5 of '14 www.docmaglc.com
<br />Nc30�S.dd.xml
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