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201210371
<br /> The Funds shall be held in an institution whose deposits are insurcd by a federal agency, instnimentality, or
<br /> entity(including Lendex, if Leuder is an institution whose deposits aze so insured)or in any Fedcral Hmne
<br /> Loan Bank. Lender shall apply the Funds to pay the Lscrow Items no later than the time specified under
<br /> RESPA. Lender shall not charge Boaower for holding and applying the Funds,annually analyzing the
<br /> escrow account,or verifying the Escrow Items,unlcss Lender pays Bortower interest on thc Funds and
<br /> Applicable Law permits Lcndcr to make such a charge. Unless an agreement is made in writing or
<br /> Applicable Lxw requires interest to be paid on the Funds, Lender shall not be required to pay Borrower any
<br /> intcrest or eamings on the Pnnds. Borrower and Leuder can agree in writing, howcver,that intcrest shall be
<br /> paid ou the Funds. Lcnder shall give[o Bono�ver,wi[hout chugc,an annual accounting of the Funds as
<br /> required by RESPA.
<br /> If Ihere is a surplus of Funds held in escrow,as defined under RESPA,Lender shall account to Borrower for
<br /> thc cxcess funds in accordance with RESPA. If thcre is a sl�ortage of F�nds held in escrow,as detined nuder
<br /> RESPA, Lender shall notify Borrower as required by RESPA,and Bonower shall pay to Lendcr the amount
<br /> necessary to make up the shortage in accordance with RESPA,but in no more than 12 monthly payments. If
<br /> there is a deficiency of Punds held iu escrow,as defined under RESPA,Lender shall notify Borrower as
<br /> required by RESPA,and Bonower shall pay to Lender the amount necessary to make up the deficiency in
<br /> accordance with RESPA,but in no more tha� 12 monthly payments.
<br /> Upon payment in full of all sams sectixed by this Security Insfrument,Lender shall promptly refund to
<br /> Borrower any Funds h.eld by Lender.
<br /> 4. Charges;Liens,Bono�ver shall pxy alI taxcs, assessmcnts, charges, fines, and impositions attributable to
<br /> the Property which can attain priority ovcr this Security Instrument, lease6old payments or gound rents on
<br /> the Property, if any,and Community Association Dues, Fees,and Assessments, if any. To the estent that
<br /> these items are Escrow Items, Bonower shall pay them in the manner providcd in Section 3.
<br /> Borrower shall promptly discharge any lien which has priority over this Security Instrument unless
<br /> Boirower:(a)agrees in writing to the payment of the obligation secared by the lien in a ma��ner acccptable
<br /> to Lender,but only so long as Borrower is performing such agreemeut; (b)contests the lien in good faith by,
<br /> or defends agaiast enforcement of the lien in, legal proceedings w6ich in Lender's opinion opera[e to prevent
<br /> tt�e enforcement of the lien while those proceedings are pending,but only until such proceedings are
<br /> concluded;or(c)secures from the holdcr of the lien an agreement satisfactory to Lender subordinating the
<br /> lien to this Scwrity Instrument. If Lender determines that any part of the Property is subject to a lien which
<br /> cau attain priority over this Security InsCrument, Lender may give Borcower a no[ice identifying the lien.
<br /> Within 10 days of the date on which that no[ice is given, Eonower shall satisfy the lien or take one or more
<br /> of fhe actions set forth above in this Section 4.
<br /> Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or repoding
<br /> service used by Lender in couuection with this Loan,
<br /> 5. Property Insurance.Boaower shall keep the improvements now existing or hereafter erected on the
<br /> Property insured against loss by fire,hazazds inclnded within the term"extended coverage,"and any ofher
<br /> hazards including,but not limited to,carthquakcs and floods, for which Lender requires insurance. This
<br /> insurance shall be maintained in the amounts(including deductible levels)and for the periods that Lender
<br /> requires. What Lender rcquires pursuant to the preccding sentences can change during the tenn of thc Loan.
<br /> The insurance carrier providing thc insurance shall be chosen by Borrower subject to Lender's right to
<br /> disapprove Borrower's choice,which right shall not be exercised unreasonabty. Lender may require
<br /> Bonower to pay, in connection with this Loan, either. (a)a one-time charge for flood zone determinatiou,
<br /> certification and tracking services;or(b)a one-time chacge for flood zone deteimination and eertification
<br /> NEBRASK4.Single Famiy-Fannie MaelFmddie Mac UNIFORM INSTRUMENT WITH MERS Form 30291101
<br /> VMP� VMPBA(NE)(1105J.00
<br /> WoRers Kluwar Financlel Servlces Page 8 of R
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<br /> q03310280489 0233 345 0617
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