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<br /> The Funds shall be held in an institution whose deposits are insured by a federal agency,instrumentaliry,or
<br /> entity(including Lender, if Lender is an instiNtion whose deposifs are so insured)or in any Federal Home
<br /> Loau Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified under
<br /> RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the
<br /> escrow account,or verifying the Escrow Items,unless Lender pays Borrower iuterest on the Funds and
<br /> Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or
<br /> Applicable Law requires interest to be paid on the Funds,Lender shall not be required to pay Bonower any
<br /> interest or earnings on the Funds. Boaower and Lender can agree in writi¢g, however,that interest shall be
<br /> paid on the Funds. Lender shall give to$orrower,without charge,an annual accounting of the Funds as
<br /> required by RESPA.
<br /> If there is a surplus of Funds hetd in escrow, as defined uuder RESPA, Lender s6a11 account to Bonower for
<br /> the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,as defined under
<br /> RESPA,Lender shall notify Borrower as required by RESPA,aud Borrower shall pay to Lender the amount
<br /> necessary to make up the shortage in accordauce with RESPA, but in no more than 12 monthly payments. If
<br /> there is a deficiency of Funds held in escrow, as defined under RESPA,Lender shall notify Bonower as
<br /> requued by RESPA,and Borrower shall pay to Lender the amount necessary to make up the deficiency in
<br /> accordance with RESPA,but in no more than 12 monthly payments.
<br /> Upon payment in full of all sums secured by this Securiry Instrument,Lender shall promptly refund to
<br /> Boirower any Funds held by Leuder.
<br /> 4. Charges;Liens.Bonower shall pay all taxes, assessments, charges, fines, and impositions attributable to
<br /> the Property which can attain prioriry over this Security Instnunent, leasehold payments or ground rents on
<br /> the Property, if any,and Community Association Dues,Fees,and Assessments, if any. To the extent that
<br /> these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br /> Bonower shall promptly discharge any lien wtuch has prioriry over this Security Instrument unless
<br /> Borrower: (a)agees in writing to the payment of the obligation secured by the lien in a manner acceptable
<br /> to Lender,but only so long as Boaower is performing such ageement;(b)contests the lien in good faith by,
<br /> or defends against enforcement of the lien in, legal prceeedings which in Leuder's opinion operate to prevent
<br /> the enforcement of the lien while those proceedings aze pending, but only until such proceedings aze
<br /> concluded; or(c)secures from the holder of the lien an agreement satisfactory to Lender subordioating the
<br /> lien to this Secunty Instrument. If Lender determines that any paR of the Property is subject to a lien which
<br /> can attain priority over this Security Instrumert,Lender may give Borrower a notice identifying the lien.
<br /> Within 10 days of the date on which that notice is given,Borrower shall satisfy the lien or take one or more
<br /> of the actions set forth above in this Section 4.
<br /> Lender may require Borrower to pay a one-time chazge for a real estate tax verification and/or reporting
<br /> service used by Lender in connection with this Loan.
<br /> 5. Propertylnsurance.Borrower shall keep the improvements uow existing or hereafter erected on the
<br /> Property insured against loss by fue,hazards included within the term"extended coverage,"and any other
<br /> hazazds including, but not limited to, earthquakes and floods, for w6ich Lender requires insurance. This
<br /> insurance shall be maintained in tha amounts(including deductible levels)and for the periods that Lender
<br /> requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan,
<br /> The inswance camer providing the insurance shall be chosen by Borrotver subject to Lender's right to
<br /> disapprove Bonower's choice,which right shall not be exercised unreasonably. Lender may require
<br /> Borrower to pay, in connection with this Loan,either: (a)a one-time cha�ge for flood zone determination,
<br /> certification and tracking services;or(b)a one-time charge for flood zone determi¢ation and certificatiou
<br /> NEBRPSKASingle Family-Fannie Mae/Fieddie Mac UNIFORM INSTRUMENT WITH MERS //�� Fomi 30281107
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